Financial Performance - The company's operating revenue for the first half of 2022 was RMB 610.52 million, a decrease of 7.41% compared to RMB 659.38 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was RMB 34.07 million, down 10.92% from RMB 38.25 million in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 12.78 million, a significant decrease of 46.07% compared to RMB 23.69 million in the same period last year[19]. - The net cash flow from operating activities was RMB 13.35 million, a sharp decline of 86.39% from RMB 98.13 million in the previous year[19]. - The weighted average return on net assets for the first half of 2022 was 1.02%, a decrease of 0.14 percentage points from 1.16% in the same period last year[19]. - The basic earnings per share for the first half of 2022 were RMB 0.0233, down 11.07% from RMB 0.0262 in the same period last year[19]. - The diluted earnings per share for the first half of 2022 were also RMB 0.0233, showing the same decline of 11.07% compared to the previous year[19]. - The company reported a total revenue of CNY 610,516,230.00, a decrease of 7.41% compared to the previous year[32]. - The net profit attributable to shareholders was CNY 34,067,856.53, down 10.92% year-on-year[34]. - The company harvested a total of 2,615.77 tons of fresh sea cucumbers, an increase of 31.59% from the previous year, with external sales of 1,144.73 tons, down 8.32%[32]. - The average external sales price of fresh sea cucumbers was CNY 132.58 per kilogram, a decrease of 10.21% year-on-year[32]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 6.86 billion, an increase of 2.09% from RMB 6.72 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were RMB 3.35 billion, reflecting a slight increase of 1.03% from RMB 3.31 billion at the end of the previous year[20]. - The total liabilities increased to ¥3,504,082,570.11 from ¥3,396,064,815.35, reflecting a growth of approximately 3.2%[76]. - The total assets of the company amounted to ¥6,862,434,296.69, up from ¥6,721,854,623.74, indicating an increase of approximately 2.1%[76]. - The total liabilities and equity at the end of the reporting period were ¥3,358,351,726.58[102]. - The total owner's equity at the end of the reporting period is CNY 3,629,670,898.15, an increase from CNY 3,580,557,126.18 at the end of the previous year, representing a growth of approximately 1.37%[104]. Research and Development - Research and development expenses increased by 395.09% to CNY 8,271,961.12[32]. - The company reported a significant increase in research and development expenses to CNY 8,271,961.12, compared to CNY 1,670,814.47 in the previous year, indicating a focus on innovation[83]. - The company is involved in research and development in biotechnology, indicating a focus on innovation and market expansion[112]. Market and Operations - The company operates in four main industries: seawater aquaculture, food processing, deep-sea fishing, and health care, focusing on high-value functional marine foods and health products[24]. - The company aims to achieve a "one sea cucumber, hundred billion industry" development goal, focusing on enhancing operational efficiency and reducing costs[28]. - The company has established a comprehensive traceable supply chain from breeding to sales, enhancing its cost advantages and risk resistance[27]. - The company is strategically positioned near major transportation hubs, facilitating access to domestic and international markets[27]. - The company emphasizes green consumption and sustainable practices in its aquaculture operations, aligning with consumer preferences for organic products[24]. - The company has established itself as the largest marine delicacy breeding base in China, with a breeding area of 50,000 acres for sea cucumbers, enhancing its competitive advantage in the industry[44]. Governance and Shareholder Information - The company did not distribute profits or transfer capital reserves to increase share capital for the first half of 2022[4]. - The independent director Wang Dahong has been replaced by Li Bafang, indicating a change in the company's governance structure[49]. - The total number of ordinary shareholders as of the end of the reporting period is 69,716[66]. - The largest shareholder, Haodangjia Group Co., Ltd., holds 588,025,190 shares, representing 40.25% of the total shares[68]. Cash Flow and Financing - The net cash flow from operating activities decreased by 86.39% to CNY 13,352,722.48[34]. - The company plans to improve its financing capabilities by enhancing relationships with banks and exploring securities market financing options to support its rapid growth[45]. - Cash inflow from financing activities totaled CNY 1,202,161,669.83, with cash outflow of CNY 1,141,660,750.97, resulting in a net cash inflow of CNY 60,500,918.86[92]. Social Responsibility - The company has committed to providing 1,000 CNY annually for 10 years to 10 impoverished individuals, totaling 100,000 CNY in support[55]. - The company donated products worth 350,000 CNY and an additional 50,000 CNY in cash to support local COVID-19 prevention efforts[55]. Inventory and Sales - Inventory increased to ¥1,331,034,405.64 from ¥1,191,003,966.54, marking a growth of approximately 11.7%[75]. - The company reported a decrease in sales revenue from CNY 511,441,167.25 in the first half of 2021 to CNY 414,336,212.92 in the first half of 2022, representing a decline of approximately 19%[94]. Financial Reporting and Accounting - The company adheres to the enterprise accounting standards, ensuring that its financial statements accurately reflect its financial position and operating results[116]. - The company has multiple subsidiaries under its consolidated financial statements, covering various aspects of food production and sales[113]. - The company recognizes the fair value of remaining equity interests at the date of losing control over a subsidiary, adjusting for any related comprehensive income[128].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 227,732,789.51, representing a year-on-year increase of 2.72%[5] - The net profit attributable to shareholders decreased by 11.45% to CNY 8,916,354.70[5] - The net profit after deducting non-recurring gains and losses fell by 75.43% to CNY 1,625,239.92[5] - The net profit for Q1 2022 was not explicitly stated, but the increase in operating costs outpaced revenue growth, suggesting potential pressure on profitability[19] - The company reported a total comprehensive income of CNY 8,916,354.70 for Q1 2022, down from CNY 10,069,255.12 in Q1 2021, a decrease of approximately 11.43%[20] - The company's net profit for Q1 2022 was CNY 7,670,712.31, a decrease from CNY 7,841,835.76 in Q1 2021, representing a decline of approximately 2.17%[20] - Net profit for Q1 2022 decreased to CNY 2,965,491.60 from CNY 5,351,000.42 in Q1 2021, indicating a decline of approximately 44.6%[28] Cash Flow - The net cash flow from operating activities was negative at CNY -6,666,451.14, a decline of 115.87% compared to the previous year[5] - Cash flow from operating activities in Q1 2022 was negative at CNY -6,666,451.14, compared to a positive CNY 42,017,126.07 in Q1 2021[21] - The company incurred a total of CNY 205,277,276.97 in cash outflows from operating activities in Q1 2022, compared to CNY 189,292,522.01 in Q1 2021, an increase of approximately 8.45%[21] - Investment activities resulted in a net cash outflow of CNY -3,588,818.14 in Q1 2022, compared to CNY -45,912,897.82 in Q1 2021, indicating a significant reduction in cash outflow[22] - Financing activities generated a net cash outflow of CNY -22,661,083.92 in Q1 2022, compared to a net inflow of CNY 48,572,929.06 in Q1 2021, showing a shift in cash flow dynamics[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,790,307,184.44, up 1.02% from the end of the previous year[6] - Total assets as of March 31, 2022, were CNY 6,790,307,184.44, compared to CNY 6,721,854,623.74 at the end of 2021, showing a growth of about 1.0%[17] - The company's total assets increased to CNY 6,881,930,127.18 as of March 31, 2022, compared to CNY 6,732,514,773.53 at the end of 2021, reflecting a growth of approximately 2.21%[25] - Total liabilities as of March 31, 2022, were CNY 3,456,846,663.74, an increase from CNY 3,396,064,815.35 at the end of 2021, indicating a rise of approximately 1.8%[16] - The total liabilities increased to CNY 3,298,407,509.40 as of March 31, 2022, from CNY 3,151,957,647.35 at the end of 2021, marking an increase of approximately 4.65%[26] Research and Development - Research and development expenses increased by 156.61%, primarily due to higher personnel costs and material expenses[8] - Research and development expenses for Q1 2022 were CNY 2,125,542.72, significantly higher than CNY 828,318.21 in Q1 2021, marking an increase of about 156.5%[19] - Research and development expenses for Q1 2022 were CNY 1,835,511.64, significantly higher than CNY 325,692.79 in Q1 2021, reflecting an increase of approximately 463.5%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 69,403[10] - The largest shareholder, Haodangjia Group Co., Ltd., held 40.25% of the shares, with 292 million shares pledged[11] Investment Income - The company reported a significant increase in investment income by 113.61%, attributed to higher dividends from investments[8] - The company reported investment income of CNY 15,265,424.38 for Q1 2022, compared to CNY 7,146,354.60 in Q1 2021, reflecting an increase of approximately 113.5%[19] Cash and Cash Equivalents - Cash and cash equivalents as of March 31, 2022, were CNY 778,053,184.84, compared to CNY 692,680,738.04 at the end of 2021, reflecting an increase of approximately 12.3%[14] - The company reported cash and cash equivalents of CNY 88,306,085.84 at the end of Q1 2022, down from CNY 215,225,891.17 at the end of Q1 2021, a decrease of approximately 59.00%[22] - The company's cash and cash equivalents rose to CNY 768,011,761.67 as of March 31, 2022, compared to CNY 663,036,025.46 at the end of 2021, an increase of about 15.8%[25] Earnings Per Share - Basic and diluted earnings per share for Q1 2022 were both CNY 0.006, down from CNY 0.007 in Q1 2021, a decline of about 14.29%[21] Financial Expenses - The company's financial expenses for Q1 2022 were CNY 19,337,758.62, a decrease from CNY 20,471,426.57 in Q1 2021, representing a reduction of approximately 5.6%[27] Accounting Standards - The company did not apply the new accounting standards for the first quarter of 2022[32]

Financial Performance - The company's operating revenue for 2021 was CNY 1,253,664,442.81, representing a year-on-year increase of 1.91% compared to CNY 1,230,137,523.72 in 2020[25]. - The net profit attributable to shareholders of the listed company for 2021 was CNY 66,176,117.51, an increase of 6.31% from CNY 62,248,484.98 in 2020[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 23,809,949.70, which is a significant increase of 51.70% compared to CNY 15,695,346.80 in 2020[25]. - The net cash flow from operating activities for 2021 was CNY 380,127,709.59, up 11.05% from CNY 342,294,743.75 in 2020[25]. - Basic earnings per share increased by 4.65% to CNY 0.045 compared to the previous year[26]. - The weighted average return on equity rose by 0.10 percentage points to 2.01%[26]. - The company achieved a total revenue of RMB 1,253.66 million in 2021, representing a year-on-year increase of 1.91%[44]. - The net profit attributable to the parent company was RMB 66.18 million, an increase of 6.31% compared to the previous year[44]. Assets and Liabilities - The total assets at the end of 2021 were CNY 6,721,854,623.74, reflecting a growth of 3.64% from CNY 6,485,853,885.33 at the end of 2020[25]. - The total current assets amounted to CNY 2,028,247,378.04, a slight decrease from CNY 2,044,351,228.07 in the previous year, reflecting a decline of about 0.8%[170]. - The total non-current assets reached CNY 4,693,607,245.70, an increase from CNY 4,441,502,657.26 in the previous year, representing a growth of approximately 5.7%[170]. - Total liabilities increased to CNY 3,396,064,815.35 in 2021, up from CNY 3,200,402,744.25 in 2020, representing a growth of approximately 6.1%[171]. - Current liabilities totaled CNY 2,837,047,246.50, slightly down from CNY 2,884,770,707.30 in the previous year, indicating a decrease of about 1.7%[171]. - Non-current liabilities rose significantly to CNY 559,017,568.85 from CNY 315,632,036.95, marking an increase of approximately 77%[171]. Cash Flow - The net cash flow from operating activities for 2021 was CNY 380,127,709.59, an increase of 11.05% compared to CNY 342,294,743.75 in 2020[183]. - Total cash inflow from operating activities in 2021 was CNY 1,320,023,097.21, down 63.24% from CNY 3,599,399,080.94 in 2020[183]. - Cash outflow from operating activities decreased to CNY 939,895,387.62 in 2021, compared to CNY 3,257,104,337.19 in 2020, reflecting a reduction of 71.16%[183]. - The net cash flow from investing activities was -CNY 195,677,250.73 in 2021, an improvement from -CNY 322,613,819.10 in 2020[184]. - Cash inflow from financing activities totaled CNY 3,458,894,419.33 in 2021, an increase of 6.63% from CNY 3,244,158,319.33 in 2020[184]. Dividends and Shareholder Information - The company plans to distribute a cash dividend of CNY 0.14 per 10 shares, totaling CNY 20,453,920.26, based on the share capital of 1,460,994,304 shares as of December 31, 2021[6]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to RMB 2.8715 million (approximately USD 0.44 million) before tax[96]. - The company reported a total of 68,826 ordinary shareholders as of the end of the reporting period, a decrease from 69,403 in the previous month[142]. Research and Development - The total R&D expenditure for the year was CNY 3.16 million, accounting for 0.25% of the operating revenue[56]. - The company has developed 15 new products in 2021, including sea cucumber polysaccharide sports drinks and low-temperature cold-processed sea cucumbers[3]. - The company has a total of 168 R&D personnel, accounting for 4.21% of the total workforce[57]. Market and Competition - The company has implemented a dual marketing strategy for domestic and international markets in response to the challenges posed by the pandemic and rising costs[3]. - The company faces competition in a fragmented industry, emphasizing the need to maintain product quality and market competitiveness[62]. - The company is focusing on expanding its market presence in marine products and frozen food sectors[74]. Corporate Governance - The company maintained a clear and responsible board of directors, with all members actively participating in meetings and fulfilling their duties to protect shareholder interests[88]. - The company has established a strategic committee, nomination committee, compensation and assessment committee, and audit committee to enhance decision-making efficiency and compliance[88]. - The company has not encountered any significant differences in governance practices compared to regulatory requirements, ensuring compliance with laws and regulations[89]. Social Responsibility - The company is actively involved in social responsibility initiatives, including poverty alleviation and community support[119]. - The company committed to providing 160 job opportunities with an average annual income of RMB 30,000 for impoverished individuals through its new sea cucumber breeding project[118]. - The company donated products worth RMB 350,000 and cash contributions of RMB 50,000 to support local COVID-19 prevention efforts[119].

证券代码：600467 股票简称：好 当 家 公告编号：临 2021-009 山东好当家海洋发展股份有限公司 关于参加山东辖区上市公司2021年度投资者网上集 体接待日活动的公告 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。 为进一步加强与广大投资者的沟通交流，做好投资者关系管理工作，山东好当 家海洋发展股份有限公司（以下简称"公司"）将参加由山东证监局、山东上市 公司协会联合举办，由深圳市全景网络有限公司承办的"山东辖区上市公司2021 年度投资者网上集体接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互联 网平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net） 参与本次投资者集体接待日活动，活动时间为：2021年11月16日（星期二）14:00 至 16:00。届时公司副总经理、董事会秘书李俊峰先生及证券事务代表宋晓辉先 生将通过网络在线问答互动的形式，同投资者就其关注的问题与事项进行充分沟 通和交流。欢迎广大投资者积极参与。 特此 ...

2021 年第三季度报告 证券代码：600467 证券简称：好当家 山东好当家海洋发展股份有限公司 2021 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个别及连带责任。 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 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 358,299,822.95 | 0.82 | 1,017,68 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 659,381,573.67, representing a 3.70% increase compared to CNY 635,863,193.04 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was CNY 38,245,342.81, up 3.04% from CNY 37,117,989.57 in the previous year[19]. - The net profit after deducting non-recurring gains and losses decreased by 19.97%, amounting to CNY 23,694,477.58 compared to CNY 29,606,908.35 in the same period last year[19]. - The net cash flow from operating activities was CNY 98,126,924.32, a decrease of 2.77% from CNY 100,924,416.42 in the previous year[19]. - Basic earnings per share for the first half of 2021 were CNY 0.0262, an increase of 3.15% from CNY 0.0254 in the same period last year[20]. - The weighted average return on net assets increased by 0.02 percentage points to 1.16% compared to 1.14% in the previous year[20]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,534,298,238.48, reflecting a 0.75% increase from CNY 6,485,853,885.33 at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were CNY 3,307,178,446.79, which is a 1.17% increase from CNY 3,268,933,103.98 at the end of the previous year[19]. - The total inventory amounted to CNY 1,205,311,682.56, representing 18.45% of total assets, an increase of 5.02% from the previous year[38]. - Total liabilities were reported at CNY 3,213,791,780.19, compared to CNY 3,200,402,744.25 at the end of 2020, showing a marginal increase[74]. - The company's total fixed assets amounted to approximately ¥3.51 billion, representing a decrease of 1.69% compared to the previous period[39]. Investments and Projects - The company invested in various projects, including sea cucumber breeding, new retail stores, and an intelligent exhibition center, focusing on the entire sea cucumber industry chain[32]. - The company has expanded its sea cucumber breeding area from 400,000 square meters in 2018 to 1,000,000 square meters, aiming for a total of 2,000,000 square meters by 2023[27]. - The company has established strong partnerships with research institutions, enhancing its technological capabilities in breeding and ecological farming[29]. Market and Competition - The company faced intense competition in the aquaculture industry, which could impact its market competitiveness[44]. - The total catch of fresh sea cucumbers reached 1,987.82 tons, up 9.95% from the previous year, with external sales increasing by 88.72% to 1,248.58 tons[33]. - The average external sales price of fresh sea cucumbers was CNY 147.66 per kilogram, a rise of 34.60% compared to the previous year[33]. Research and Development - Research and development expenses increased by 34.57% to CNY 1,670,814.47, driven by higher wages and other costs[35]. - The company is committed to enhancing its research and development capabilities to maintain its competitive edge in the marine product sector[45]. Risk Management - The report includes a risk statement indicating potential risks related to future plans and strategies, advising investors to be cautious[5]. - The company is exposed to foreign exchange risks due to a significant portion of its frozen food exports being settled in Japanese yen, which can impact profitability[45]. - The company is addressing natural resource risks by adhering to seasonal fishing bans and implementing measures to protect marine resources, which supports sustainable development in the fishing industry[46]. Shareholder Information - The company has 78,309 ordinary shareholders as of the end of the reporting period[63]. - The largest shareholder, Haodangjia Group Co., Ltd., holds 588,025,190 shares, accounting for 40.25% of the total shares[65]. - The company has not experienced any changes in its share capital structure during the reporting period[62]. Governance and Compliance - The company has experienced changes in its board of directors, with the resignation of one director and the election of another, which may impact governance[51]. - The company has not disclosed any major related party transactions or significant contracts during the reporting period, suggesting a focus on operational integrity[58]. - The company has not reported any changes in accounting policies or prior period error corrections during this reporting period[96]. Financial Statements and Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations within the next 12 months[110]. - The accounting policies comply with the requirements of enterprise accounting standards, reflecting the company's financial position and operating results accurately[111]. - The company recognizes revenue when customers obtain control of related goods, ensuring contracts meet specific criteria[192].

Financial Performance - Operating income for the first quarter was CNY 221,708,888.25, a 1.58% increase year-on-year [4]. - Net profit attributable to shareholders increased by 47.61% to CNY 6,613,866.33 compared to the same period last year [4]. - Cash flow from operating activities surged by 261.91% to CNY 42,017,126.07 year-on-year [4]. - The weighted average return on equity increased by 0.01 percentage points to 0.31% [4]. - Non-recurring gains and losses totaled CNY 3,455,388.79 for the period [7]. Assets and Liabilities - Total assets increased by 0.83% to CNY 6,539,789,728.90 compared to the end of the previous year [4]. - Long-term borrowings increased by 135.21% to CNY 100,000,000 due to new financing from Qingdao Bank [10]. - Other receivables decreased by 32.89% due to the recovery of personal accounts amounting to CNY 3,153,000 [10]. - Asset impairment provisions decreased by 280.96% year-on-year, primarily due to the reversal of bad debt provisions from receivables during the reporting period [11]. Operating Expenses - Operating expenses decreased by 39.91% compared to the same period, mainly due to a reduction of 4.32 million yuan in the parent company's operating expenses and a decrease of 1.35 million yuan in the operating expenses of the subsidiary Shandong Haodangjia Marine Food Sales Co., Ltd. [11]. - Non-operating income decreased by 47.47% year-on-year, attributed to a reduction of 3.43 million yuan in government subsidies recognized as deferred income amortization and directly included in the current period [11]. - Non-operating expenses decreased by 99.65% compared to the same period, mainly due to a reduction of 1.023 million yuan in donations of products [11]. Investments and Shareholder Information - The company reported a 58.73% increase in construction in progress, attributed to investments in a new seedling breeding facility amounting to CNY 17,899,000 [10]. - The number of shareholders reached 80,573, with the largest shareholder holding 40.25% of the shares [8]. - Investment income decreased by 31.53% compared to the same period, mainly due to a reduction of 3.29 million yuan in dividends from the bridge fund [11]. - Minority interests decreased by 15,823.83% year-on-year, primarily due to a decrease of 1.11 million yuan in minority interests of the subsidiary Rongcheng Rongkang Food Co., Ltd. [11].

Financial Performance - Operating income for the first quarter was CNY 221,708,888.25, representing a 1.58% increase year-on-year [5]. - Net profit attributable to shareholders increased by 47.61% to CNY 6,613,866.33 compared to the same period last year [5]. - Cash flow from operating activities surged by 261.91% to CNY 42,017,126.07 year-on-year [5]. - Total operating revenue for Q1 2021 was CNY 221,708,888.25, a slight increase of 0.66% compared to CNY 218,260,623.44 in Q1 2020 [24]. - Net profit for Q1 2021 was CNY 7,841,835.76, down 18.5% from CNY 9,675,189.96 in Q1 2020 [25]. - The total comprehensive income for Q1 2021 was ¥5,351,000.42, down 56.6% from ¥12,332,345.57 in Q1 2020 [28]. Assets and Liabilities - Total assets increased by 0.83% to CNY 6,539,789,728.90 compared to the end of the previous year [5]. - Total assets as of March 31, 2021, were 6,539,789,728.90 yuan, compared to 6,485,853,885.33 yuan as of December 31, 2020 [16]. - Total liabilities as of March 31, 2021, were 3,246,496,752.05 yuan, compared to 3,200,402,744.25 yuan as of December 31, 2020 [16]. - The company's total assets amounted to CNY 6,502,079,138.46, compared to CNY 6,459,170,510.01 in the previous year, indicating a growth of 0.66% [20]. - Total liabilities were CNY 2,986,608,363.90, slightly up from CNY 2,949,050,735.87, representing an increase of 1.27% [20]. Cash Flow - The cash flow from operating activities for Q1 2021 was ¥42,017,126.07, significantly up from ¥11,609,904.65 in Q1 2020 [31]. - Total cash inflow from operating activities was 302,777,047.16 RMB, compared to 176,725,112.42 RMB in the same period last year, reflecting a year-over-year increase of approximately 71.4% [32]. - Cash outflow from operating activities increased to 313,958,463.69 RMB in Q1 2021, up from 162,695,608.73 RMB in Q1 2020, representing a significant rise of about 92.8% [32]. - The company reported a net cash flow from financing activities of 44,876,340.43 RMB in Q1 2021, recovering from a negative cash flow of -143,454,402.60 RMB in Q1 2020 [34]. - The total cash inflow from financing activities was 477,936,457.88 RMB in Q1 2021, compared to 423,288,711.80 RMB in Q1 2020, marking an increase of approximately 12.9% [34]. Shareholder Information - The number of shareholders reached 80,573 by the end of the reporting period [9]. Operating Expenses and Income - Operating expenses decreased by 39.91% year-on-year, primarily due to a reduction of 4.32 million yuan in the parent company's operating expenses and a decrease of 1.35 million yuan in the operating expenses of the subsidiary Shandong Haodangjia Marine Food Sales Co., Ltd. [12]. - Investment income decreased by 31.53% year-on-year, mainly due to a reduction of 3.29 million yuan in dividends from the bridge fund during the reporting period [12]. - Non-operating income decreased by 47.47% year-on-year, attributed to a reduction of 3.43 million yuan in government subsidies recognized as deferred income amortization and directly included in the current period [12]. - Non-operating expenses decreased by 99.65% year-on-year, primarily due to a reduction of 1.023 million yuan in donations of products during the reporting period [12]. - Minority interests decreased by 15,823.83% year-on-year, mainly due to a reduction of 1.11 million yuan in minority interests of the subsidiary Rongcheng Rongkang Food Co., Ltd. [12]. Inventory and Receivables - Other receivables decreased by 32.89% due to the recovery of personal accounts amounting to CNY 3,153,000 [11]. - Inventory increased to 1,262,762,693.43 yuan as of March 31, 2021, from 1,147,667,312.47 yuan as of December 31, 2020 [14].

Financial Performance - The company's operating revenue for 2020 was CNY 1,230,137,523.72, a slight increase of 0.33% compared to CNY 1,226,123,062.59 in 2019[21] - The net profit attributable to shareholders for 2020 was CNY 62,248,484.98, representing a decrease of 30.71% from CNY 89,842,997.62 in 2019[21] - The cash flow from operating activities was CNY 342,294,743.75, down 21.33% from CNY 435,064,086.26 in the previous year[21] - The basic earnings per share for 2020 was CNY 0.043, a decrease of 29.51% compared to CNY 0.061 in 2019[22] - The weighted average return on net assets for 2020 was 1.91%, down 0.14 percentage points from 2.05% in 2019[22] - The net profit after deducting non-recurring gains and losses was CNY 15,695,346.80, a decrease of 21.10% from CNY 19,892,134.35 in 2019[21] - The total comprehensive income for 2020 was CNY 60,888,543.85, down from CNY 138,951,171.98 in 2019, reflecting a decline of 56.2%[164] - The company reported a decrease in comprehensive income for 2020, totaling CNY 53,572,198.76, down from CNY 130,929,303.84 in 2019, a decline of approximately 59.0%[160] Assets and Liabilities - The total assets at the end of 2020 amounted to CNY 6,485,853,885.33, reflecting a 1.65% increase from CNY 6,380,804,180.93 in 2019[21] - The total liabilities rose to CNY 3,200,402,744.25 in 2020, compared to CNY 3,128,750,309.30 in 2019, marking an increase of about 2.3%[152] - The total equity at the end of 2020 was CNY 3,510,119,774.14, compared to CNY 3,469,685,150.55 in 2019, showing an increase of about 1.2%[156] - The total net asset value as of December 31, 2020, reflects the company's ongoing commitment to maintaining a robust asset base[141] - The company's total equity increased to ¥3,285,451,141.08 in 2020 from ¥3,252,053,871.63 in 2019, reflecting a growth of about 1.0%[152] Revenue and Profitability - The company reported a net profit of 2,344,000 RMB from its marine capture subsidiary, Shandong Haodangjia Marine Capture Co., Ltd.[68] - The total operating profit for 2020 was 82,994,843.66 RMB, down from 109,546,338.78 RMB in 2019, a decline of 24.1%[163] - The company reported a net cash flow from operating activities of 342,294,743.75 RMB, down from 435,064,086.26 RMB in the previous year, a decrease of 21.3%[165] - The company incurred financial expenses of 85,430,162.16 RMB, down from 93,971,722.60 RMB in 2019, a reduction of 9.7%[163] Market and Product Development - The company has established a comprehensive sea cucumber industry chain, from breeding to sales, enhancing its competitive advantages in cost and risk management[31] - The company focuses on high-value functional marine foods and health products, contributing to its revenue growth and market expansion[30] - The company has developed and launched several new products in 2020, including sea cucumber oil soft capsules and various health products, enhancing its product diversity[41] - The company aims to optimize its structure and accelerate industrial upgrades to enhance production efficiency and market reach[31] Research and Development - Research and development expenses amounted to CNY 4.08 million, representing 0.33% of total revenue[53] - The company has established a strong research and development framework in collaboration with several research institutions, enhancing its technological capabilities[36] - The company has established partnerships with over 20 research institutions and universities to enhance its R&D capabilities in marine health products[61] Corporate Governance and Compliance - The company strictly adheres to the requirements of the Company Law and the Securities Law, ensuring effective corporate governance and protecting shareholder interests[125] - The company has implemented an internal control system that is continuously improved and evaluated for effectiveness, with no significant deficiencies reported[132] - The audit report confirms that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2020[137] Social Responsibility - The company is committed to social responsibility through its poverty alleviation initiatives, supporting local farmers in sea cucumber farming[96] - The company donated products worth RMB 1 million to support the fight against COVID-19[99] - A total of RMB 1,010,000 was invested in poverty alleviation efforts, helping 200 registered impoverished individuals[100] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming year to drive future growth[1] - The company aims to achieve the goal of "one sea cucumber, a hundred billion industry" by enhancing production and sales efforts in the new year[73] - The financial results indicate a positive outlook for future growth, supported by improved profitability and equity position[182]

Financial Performance - Operating revenue for the first nine months rose by 7.78% to CNY 991,257,143.58 year-on-year[6] - Net profit attributable to shareholders increased by 1.84% to CNY 54,450,683.94 compared to the same period last year[6] - Total operating revenue for Q3 2020 reached ¥355,393,950.54, an increase of 10.3% compared to ¥322,449,225.85 in Q3 2019[26] - Net profit for Q3 2020 was ¥16,901,768.41, compared to ¥19,108,637.89 in Q3 2019, indicating a decrease of 11.4%[27] - The company reported a total profit of ¥16,983,934.65 for Q3 2020, down from ¥19,718,096.91 in Q3 2019, a decline of 8.8%[27] - The company reported a total profit of ¥17.39 million for Q3 2020, compared to ¥19.48 million in Q3 2019, indicating a decline of 10.6%[31] Assets and Liabilities - Total assets increased by 0.83% to CNY 6,433,861,097.89 compared to the end of the previous year[6] - The company's current assets totaled CNY 2,146,869,399.84, compared to CNY 2,052,490,386.99 at the end of 2019, reflecting an increase of approximately 4.6%[18] - The total liabilities of the company were CNY 3,150,598,138.06, slightly up from CNY 3,132,240,695.06 at the end of 2019[20] - The company's total liabilities increased to ¥2,911,781,225.73 in Q3 2020 from ¥2,742,616,601.39 in Q3 2019, representing a growth of 6.2%[26] - Short-term borrowings decreased significantly from CNY 2,334,800,000.00 at the end of 2019 to CNY 1,420,800,000.00, a reduction of approximately 39.1%[19] Cash Flow - Cash flow from operating activities decreased by 1.36% to CNY 208,619,324.84 year-on-year[6] - Cash flow from operating activities for the first three quarters of 2020 was approximately ¥999.27 million, an increase of 12.1% from ¥891.77 million in the same period of 2019[33] - Total cash inflow from operating activities for the first nine months of 2020 was CNY 1.33 billion, a significant increase of 63.6% compared to CNY 811.48 million in the same period of 2019[35] - The net cash flow from financing activities for the first nine months of 2020 was -CNY 10.13 million, an improvement from -CNY 22.87 million in the same period of 2019[36] - The company achieved a net cash increase of CNY 63.38 million in Q3 2020, contrasting with a net decrease of CNY 7.86 million in Q3 2019[34] Investments and Income - Investment income increased by 99.63% year-on-year, attributed to higher dividends received from investments[13] - Other operating income increased by 221.13% year-on-year, mainly due to increased non-normal operating income[13] - The company’s investment income for Q3 2020 was ¥10,265,011.74, compared to ¥2,353,497.21 in Q3 2019, showing a significant increase of 336.5%[27] - The company’s investment income for Q3 2020 was ¥10.27 million, significantly higher than ¥2.35 million in Q3 2019[30] Equity and Returns - The weighted average return on equity decreased by 0.07 percentage points to 1.67%[6] - The company's total equity as of September 30, 2020, was CNY 3,283,262,959.83, compared to CNY 3,248,563,485.87 at the end of 2019, reflecting an increase of approximately 1.1%[20] - Shareholders' equity totaled ¥3,509,853,435.10 in Q3 2020, up from ¥3,466,194,764.79 in Q3 2019, marking an increase of 1.3%[26] Operational Costs and Expenses - Total operating costs for Q3 2020 were ¥353,677,262.50, up from ¥311,494,175.16 in Q3 2019, reflecting a 13.5% increase[26] - Operating costs for Q3 2020 were ¥262.84 million, up 71.5% from ¥153.29 million in Q3 2019[30] - The company incurred financial expenses of ¥30.59 million in Q3 2020, compared to ¥25.53 million in Q3 2019, marking an increase of 19.9%[30] - Research and development expenses for Q3 2020 were ¥658,403.78, significantly higher than ¥235,612.32 in Q3 2019, reflecting an increase of 179.5%[26]