Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,511,436,473.03, representing a decrease of 7.42% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was CNY 14,692,971.46, down 77.95% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 9,691,316.45, a decline of 83.56% compared to the previous year[5]. - Basic and diluted earnings per share were both CNY 0.03, down 76.92% from the same period last year[5]. - Net profit for Q1 2023 was CNY 23,148,466.40, a decline of 70.96% from CNY 79,504,312.36 in Q1 2022[16]. - In Q1 2023, the total comprehensive income attributable to the parent company was CNY 14,692,971.46, a decrease from CNY 66,627,306.85 in Q1 2022, representing a decline of approximately 78%[17]. Cash Flow - The net cash flow from operating activities was negative at CNY -323,440,291.61, a significant decrease of 638.35% year-on-year[5]. - Cash inflow from operating activities totaled CNY 1,296,659,543.05 in Q1 2023, down 30.5% from CNY 1,871,391,669.80 in Q1 2022[18]. - The cash outflow from operating activities was CNY 1,620,099,834.66 in Q1 2023, a decrease of 10.5% compared to CNY 1,811,312,224.45 in Q1 2022[18]. - The company reported a net cash flow from investing activities of CNY -155,862,552.26 in Q1 2023, worsening from CNY -38,632,141.18 in Q1 2022[18]. - Cash inflow from financing activities was CNY 997,707,625.19 in Q1 2023, an increase of 17.3% from CNY 850,957,408.33 in Q1 2022[18]. - The company’s cash flow from financing activities netted CNY 276,531,693.93 in Q1 2023, compared to CNY 94,428,902.58 in Q1 2022, indicating a significant increase[18]. Assets and Liabilities - The total assets at the end of Q1 2023 were CNY 7,078,901,019.93, an increase of 1.20% from the end of the previous year[6]. - The total assets as of March 31, 2023, were CNY 7,078,901,019.93, compared to CNY 6,995,025,087.80 at the end of 2022, reflecting a growth of 1.19%[12]. - Total liabilities increased to CNY 5,138,680,531.34 from CNY 5,077,551,884.58, marking an increase of 1.20%[13]. - The equity attributable to shareholders of the listed company was CNY 1,817,721,264.85, up 0.81% from the end of the previous year[6]. Operational Metrics - Total revenue for Q1 2023 was CNY 1,511,436,473.03, a decrease of 7.41% compared to CNY 1,632,656,403.26 in Q1 2022[15]. - Total operating costs for Q1 2023 were CNY 1,479,114,267.53, down from CNY 1,560,582,416.48 in Q1 2022, reflecting a reduction of 5.21%[15]. - Research and development expenses for Q1 2023 were CNY 50,441,664.10, up from CNY 34,470,643.90 in Q1 2022, an increase of 46.38%[16]. - The company reported a decrease in management expenses to CNY 30,326,353.05 from CNY 38,222,726.22, a reduction of 20.73%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 66,344[8]. Other Financial Metrics - The weighted average return on net assets was 0.81%, a decrease of 3.24 percentage points compared to the previous year[5]. - The company experienced a foreign exchange loss of CNY -6,433,321.33 in Q1 2023, contrasting with a gain of CNY 79,827.04 in Q1 2022[18]. - The company's cash and cash equivalents decreased to CNY 1,843,093,934.94 from CNY 2,153,442,320.48, a drop of 14.43%[11]. - Accounts receivable increased to CNY 99,644,384.37 from CNY 84,503,822.32, representing an increase of 17.88%[11]. - Inventory rose to CNY 1,669,372,117.22, up from CNY 1,471,027,320.20, indicating an increase of 13.48%[11]. - The cash and cash equivalents at the end of Q1 2023 stood at CNY 623,217,700.61, up from CNY 504,130,167.81 at the end of Q1 2022[18].

Financial Performance - In 2022, the company's operating income reached CNY 7,549,219,616.43, an increase of 26.15% compared to CNY 5,984,502,357.28 in 2021[20] - The net profit attributable to shareholders of the listed company was CNY 192,977,947.87, a decrease of 18.67% from CNY 237,288,956.34 in the previous year[20] - The net profit after deducting non-recurring gains and losses was CNY 122,209,625.32, down 28.46% from CNY 170,824,637.20 in 2021[20] - The net cash flow from operating activities was CNY 426,451,895.37, a decrease of 10.43% compared to CNY 476,094,970.63 in the previous year[20] - Basic earnings per share decreased by 17.78% to CNY 0.37 in 2022 compared to CNY 0.45 in 2021[21] - The company's total revenue for the year reached CNY 7.293 billion, with a total industrial output value of CNY 8.128 billion[30] - The company reported a net profit of CNY 156,871,732.34 for 2022, resulting in a total distributable profit of CNY -298,567,741.85, leading to no profit distribution for the year[134] Assets and Liabilities - As of the end of 2022, the net assets attributable to shareholders of the listed company were CNY 1,803,152,078.93, an increase of 11.91% from CNY 1,611,320,034.24 at the end of 2021[20] - Total assets increased by 30.25% to CNY 6,995,025,087.80 from CNY 5,370,261,852.23 in 2021[20] - The company's cash and cash equivalents at the end of the period amounted to ¥2,153,442,320.48, representing 30.79% of total assets, a 215.96% increase from the previous period[62] - Short-term borrowings increased to ¥2,462,441,969.72, which is 35.20% of total liabilities, reflecting a 74.59% increase from the previous period[62] - The accounts receivable increased to ¥84,503,822.32, representing 1.21% of total assets, a 54.49% increase due to rising product prices[62] Production and Sales - The company produced 2.3415 million tons of fertilizers and 763,600 tons of chemical products during the reporting period[30] - The company exported 235,000 tons of fertilizer products, contributing to revenue while alleviating inventory pressure[31] - The company sold 350,000 tons of new products in 2022, an increase of 15,000 tons compared to the previous year[31] - The revenue from compound fertilizers was CNY 2,900,886,018.94, with a gross margin of 9.64%, reflecting a year-on-year decrease of 4.05 percentage points[49] - The revenue from phosphate fertilizers was CNY 2,846,705,414.81, with a gross margin of 14.83%, showing a year-on-year decrease of 4.82 percentage points[49] Research and Development - The company has accumulated 309 authorized patents, including 59 invention patents, and has applied for one national patent award and one provincial science and technology progress award during the reporting period[35] - The company’s R&D expenses increased by 27.62% to 207.13 million RMB, reflecting a focus on new product development[45] - The total R&D investment amounted to CNY 207,132,435.98, representing 2.74% of the company's revenue[57] - The company has a total of 245 R&D personnel, accounting for 8.86% of the total workforce[58] Environmental Management - The company has maintained compliance with the standards for both wastewater and air emissions throughout 2022, indicating effective environmental management practices[141][142] - The company has invested CNY 75,704,600 in environmental protection during the reporting period[140] - The company has implemented a dual activated carbon adsorption system for hazardous waste gas collection, which was completed and accepted on July 9, 2022[160] - The company’s environmental monitoring data is publicly available through the Anhui Province self-monitoring information release platform[172] - The company has established a complete environmental emergency response system and regularly conducts emergency drills[174] Corporate Governance - The company reported a total of 9 board meetings held during the reporting period, ensuring compliance with governance standards[106] - The company has established a robust internal control system to protect investor interests and promote sustainable development[107] - The company held its first extraordinary general meeting on February 28, 2022, where it approved the proposal to expand its business scope and amend the Articles of Association[108] - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 7.3191 million yuan[117] - The company has a structured compensation management system that aligns with performance evaluation plans[117] Market Strategy - The company aims to enhance its marketing strategy by transitioning from a production-oriented to a marketing-oriented enterprise, focusing on both domestic and international markets[100] - The company plans to implement a diversified market strategy, integrating online and offline sales channels to improve procurement and bargaining power[100] - The company is currently designing and constructing industrial facilities with a total capacity of 100,000 tons/year for battery-grade phosphoric acid and 100,000 tons/year for industrial-grade CO2, expected to be operational by the end of 2023[81] Future Outlook - Future outlook includes a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion initiatives[112] - The management emphasized a commitment to sustainability, aiming for a 30% reduction in carbon emissions by 2025[112] - The company plans to enhance its digital marketing efforts, with a 20% increase in the marketing budget to improve online presence[112] - The company is considering strategic acquisitions to bolster its product portfolio, with potential targets identified in the specialty chemicals sector[112]

会议召开方式：上证路演中心网络互动 投资者可于 2023 年 03 月 17 日(星期五) 至 03 月 23 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 641610207@qq.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。 安徽六国化工股份有限公司（以下简称"公司"）已于 2023 年 3 月 14 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 03 月 24 日下午 15:00-16:00 举行 2022 年度业绩说明会，就投资者关心的问 题进行交流。 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个别及连带责任。 重要内容提示： 会议召开时间：2023 年 03 月 24 日(星期五) 下午 15:00-16:00 证券代码：600470 证券简称：六国化工 公告编号：2023-017 安徽六国化工股份有限公司 会议召开地点：上海证 ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 1,707,076,385.43, representing a year-on-year increase of 15.53%[5] - The net profit attributable to shareholders for the same period was CNY 6,320,912.32, showing a significant decrease of 92.81% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -36,301,671.36, a decline of 147.06% year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥6,118,702,120.54, a significant increase from ¥4,231,866,876.02 in the same period of 2021, representing a growth of approximately 44.6%[19] - Net profit for the third quarter of 2022 was ¥259,324,354.69, compared to ¥304,036,099.67 in the same quarter of 2021, reflecting a decrease of approximately 14.7%[20] - Basic earnings per share for the third quarter of 2022 were ¥0.38, down from ¥0.46 in the same quarter of 2021, representing a decline of about 17.4%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 6,597,662,361.51, reflecting a growth of 22.86% from the end of the previous year[6] - The company's total assets amounted to CNY 6,597,662,361.51 as of September 30, 2022, compared to CNY 5,370,261,852.23 at the end of 2021, indicating an increase of about 22.8%[16] - The total liabilities of the company were CNY 4,692,650,598.78 as of September 30, 2022, up from CNY 3,713,829,688.72 at the end of 2021, reflecting a rise of approximately 26.3%[16] - The company's long-term investments remained stable at CNY 8,453,227.90 as of September 30, 2022, unchanged from the previous year[13] Cash Flow and Working Capital - The company reported a cash flow from operating activities of CNY 382,228,182.89 for the year-to-date, which is an increase of 28.87%[5] - The net cash flow from operating activities for the first three quarters of 2022 was ¥382,228,182.89, an increase from ¥296,597,003.02 in the previous year, showing a growth of about 28.8%[24] - Cash and cash equivalents at the end of the third quarter of 2022 totaled ¥708,899,637.85, compared to ¥423,039,300.37 at the end of the same quarter in 2021, reflecting an increase of approximately 67.5%[24] - The company reported a net cash flow from financing activities of ¥43,916,252.68 in the third quarter of 2022, a turnaround from a negative cash flow of ¥30,384,685.09 in the same period of 2021[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 74,423[10] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., held 25.49% of the shares[10] Inventory and Expenses - Inventory levels rose to CNY 1,709,372,548.12 as of September 30, 2022, compared to CNY 1,257,585,346.46 at the end of 2021, representing an increase of approximately 35.8%[13] - The company incurred total sales expenses of ¥83,729,365.10 in the third quarter of 2022, up from ¥58,815,369.41 in the same quarter of 2021, indicating an increase of approximately 42.3%[20] - Research and development expenses for the third quarter of 2022 amounted to ¥149,721,025.79, up from ¥121,074,987.63 in the same quarter of 2021, indicating an increase of approximately 23.6%[20] Equity and Profitability - The weighted average return on equity was 0.35%, down by 5.25% compared to the same period last year[6] - The total equity attributable to shareholders increased to CNY 1,811,084,641.29 from CNY 1,611,320,034.24, reflecting a growth of about 12.4%[16] - The net loss for the company improved to CNY -156,757,501.19 as of September 30, 2022, compared to a loss of CNY -354,746,164.54 at the end of 2021, indicating a reduction in losses by approximately 55.8%[16]

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥4,411,625,735.11, representing a 60.17% increase compared to ¥2,754,306,853.97 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥191,667,751.03, up 25.82% from ¥152,331,265.57 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥179,133,103.14, reflecting a 36.27% increase from ¥131,457,444.44 in the same period last year[21]. - Basic earnings per share for the first half of 2022 were ¥0.37, a 27.59% increase from ¥0.29 in the same period last year[22]. - The weighted average return on net assets increased by 0.73 percentage points to 11.22% from 10.49% in the previous year[22]. - The company reported a net cash flow from operating activities of -¥236,762,992.39, a significant decrease of 161.09% compared to ¥387,559,853.51 in the same period last year[21]. - The company's main business income was CNY 4.04 billion, with a net cash flow from operating activities of -CNY 236.76 million, indicating a significant decrease compared to CNY 387.56 million in the previous year[37]. - The company reported a net loss of CNY 163,078,413.51, an improvement from a loss of CNY 354,746,164.54 in the previous period[112]. Assets and Liabilities - The company's total assets increased by 18.94% to ¥6,387,229,044.44 from ¥5,370,261,852.23 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company rose by 12.05% to ¥1,805,472,015.63 from ¥1,611,320,034.24 at the end of the previous year[21]. - Total liabilities reached CNY 4,500,559,410.81, compared to CNY 3,713,829,688.72, which is an increase of approximately 21.1%[112]. - The company's equity attributable to shareholders improved to CNY 1,805,472,015.63 from CNY 1,611,320,034.24, showing a growth of about 12%[112]. - Current assets rose to CNY 3,776,862,071.55, compared to CNY 2,667,291,312.99, marking an increase of about 41.5%[110]. - Short-term borrowings surged to CNY 2,058,252,868.63, up from CNY 1,410,414,750.48, indicating an increase of around 45.7%[111]. Production and Sales - The company produced 1.29 million tons of fertilizers and 382,900 tons of chemical products during the reporting period[33]. - The company completed the construction of a 20,000 tons/year water-soluble fertilizer facility in the first half of 2022[31]. - The company achieved a 9.4% increase in total import and export value, with exports growing by 13.2% in the first half of 2022[33]. - The company received an order for 890,000 tons of phosphogypsum products from Conch Cement, enhancing its sales channels[34]. - The company is adapting its sales model to include direct sales to large-scale farmers and terminal outlets, increasing market service awareness[29]. Research and Development - The company has developed over 100 varieties of phosphate fertilizer products, meeting the nutritional needs of various crops[31]. - The company has filed 18 patents related to the "wet phosphoric acid quality improvement and efficiency enhancement technology" project, with 13 patents granted[35]. - Research and development expenses for the first half of 2022 were ¥92,722,249.46, up from ¥71,139,878.25 in the same period last year, indicating a focus on innovation and product development[117]. - The company has implemented energy-saving and carbon-reduction upgrades for its phosphate production line, including the closure of an old 60,000 tons/year phosphoric acid concentration production line and the construction of two high-efficiency 120,000 tons/year phosphoric acid concentration units[67]. Environmental Compliance - The company reported emissions data for various discharge points, with specific pollutants including particulate matter and sulfur dioxide, adhering to national standards[55]. - The company complies with the "Comprehensive Emission Standard for Air Pollutants" and "Odor Pollutant Emission Standards" as per national regulations[55]. - The total wastewater discharge from January to June 2022 was 995,823.50 tons for nitrogen-containing wastewater and 896,937.15 tons for phosphorus-containing wastewater[57]. - The company reported that all pollutant emissions from wastewater and waste gas complied with the approved discharge limits in the first half of 2022[57]. - The company has implemented pollution prevention facilities, ensuring compliance with environmental regulations[66]. Corporate Governance - The company guarantees compliance with regulations and internal management systems, ensuring equal shareholder rights and obligations[91]. - There are no significant lawsuits or arbitration matters during the reporting period[94]. - The company commits to maintaining independence in personnel, assets, finance, and operations from its controlling shareholders[92]. - The company has not engaged in any significant related party transactions that require disclosure[95]. - The company has not reported any significant changes in the audit opinions from the previous annual report[93]. Future Strategies - The company plans to enhance operational efficiency and pursue green development initiatives to address environmental and safety challenges[44]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[117]. - The company is considering strategic mergers and acquisitions to enhance its competitive position in the market[147].

2022 年第一季度报告 证券代码：600470 证券简称：六国化工 安徽六国化工股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性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。 第一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 | 基本每股收益（元/股） | | 0.13 | | 0.11 | | --- | --- | --- | --- | --- | | 稀释每股收益（元/股） | | 0.13 | | 0.11 | | 加权平均净资产收益率（%） | | 4.05 | 增加 0.14 | 个百分点 | | | 本报告期末 | 上年度末 | | 本报告期末比 上年度末增减 | | | | | | 变动幅度(%) ...

Financial Performance - In 2021, the company's operating income reached CNY 5,984,502,357.28, representing a 24.08% increase compared to CNY 4,823,232,214.48 in 2020[20] - The net profit attributable to shareholders was CNY 237,288,956.34, a 41.26% increase from CNY 167,983,321.71 in the previous year[20] - The net cash flow from operating activities significantly increased by 232.67% to CNY 476,094,970.63, compared to CNY 143,113,139.37 in 2020[20] - The total assets of the company at the end of 2021 were CNY 5,370,261,852.23, an 18.91% increase from CNY 4,516,277,653.10 at the end of 2020[20] - The net assets attributable to shareholders increased by 17.27% to CNY 1,611,320,034.24, compared to CNY 1,374,018,365.63 in 2020[20] - The basic earnings per share rose to CNY 0.45, a 40.63% increase from CNY 0.32 in the previous year[21] - The weighted average return on net assets was 15.90%, an increase of 2.57 percentage points from 13.33% in 2020[22] - The company reported a net profit of CNY 166,698,310.24 for the year, but did not distribute profits due to not meeting distribution conditions[5] - The company plans to submit the profit distribution proposal to the 2021 annual general meeting for review[5] Revenue and Sales - In 2021, the company achieved total operating revenue of CNY 5.579 billion, with a total industrial output value of CNY 6.281 billion[28] - The company exported over 400,000 tons of fertilizer products in 2021, marking the highest level in its history[29] - The company reported a government subsidy income of CNY 90.33 million in 2021, compared to CNY 48.40 million in 2020[25] - The company achieved a sales revenue of 598,450.24 million RMB, representing a year-on-year increase of 24.08%[42] - The net profit reached 31,980.55 million RMB, an increase of 13,694.38 million RMB compared to the previous year[42] - The earnings per share (EPS) was reported at 0.45 RMB[42] - The sales revenue from international markets reached 898,836,237.39 RMB, reflecting a year-on-year increase of 16.17%[47] - The company reported domestic sales revenue of approximately CNY 4.68 billion, an increase of 11.77% year-on-year, while international sales revenue reached approximately CNY 898.84 million, a significant increase of 255.73%[100] Production and Operations - The company completed the construction and operation of the second phase of the phosphogypsum purification project, improving gypsum quality and reducing residual phosphorus[30] - The company launched new products totaling 334,800 tons, including complex multifunctional fertilizers, under a "new products + differentiation" marketing strategy[30] - The company achieved a reduction in phosphogypsum historical inventory by 149,720 tons, with a total production of 1.4467 million tons of phosphogypsum in 2021[29] - The company completed a fertilizer storage task of 50,000 tons and received government subsidies of 2.13 million yuan during the reporting period[31] - The company achieved a successful trial production of a 100,000-ton powdered monoammonium phosphate facility, enhancing energy efficiency and cost reduction while maintaining total output[32] - The production capacity for monoammonium phosphate is 300,000 tons with a utilization rate of 138.72%, and for diammonium phosphate, it is 640,000 tons with a utilization rate of 96.96%[93] Research and Development - The company has been actively developing patented technologies in new products and resource utilization, maintaining a leading position in the industry[41] - The company’s R&D expenses amounted to CNY 162,304,943.59, representing 2.71% of total revenue[54] - The number of R&D personnel is 156, constituting 10.39% of the total workforce[55] - Research and development investments increased by 25% in 2021, totaling 50 million, to support new technology initiatives[121] - The company has established a comprehensive technology innovation system, including a national-level postdoctoral research station and various research centers, to enhance R&D capabilities[82] Environmental Compliance and Sustainability - The company maintained a safety record with a light injury rate of 0.6‰ and a 100% compliance rate in environmental monitoring[29] - The company is committed to green development and has initiated projects for comprehensive treatment of fluorine-containing tail gas and energy-saving upgrades in phosphate production lines[31] - The company has implemented a cash dividend policy in accordance with regulatory requirements, ensuring clarity and compliance[141] - The company has established a comprehensive performance evaluation system for senior management, linking compensation to performance targets[142] - The company has made significant investments in pollution control facilities, including the addition of a bag filter in the ammonia workshop in September 2021[163] - The company has established various emission outlets for dust and particulate matter, all of which are monitored to ensure compliance with environmental standards[148] - The company’s emissions data for 2021 indicates that all pollutants were within the limits set by their discharge permits, demonstrating effective environmental management practices[155] Strategic Initiatives and Future Plans - The company is transitioning from a production-oriented to a marketing-oriented enterprise, expanding its market presence both domestically and internationally[105] - The company plans to implement a diversified market strategy, integrating online services with offline sales channels[105] - The company aims to enhance its phosphate chemical industry while extending the coal chemical industry chain, focusing on fine phosphate, electronic chemicals, and new environmentally friendly fertilizers[105] - The management provided a positive outlook for the upcoming year, anticipating a growth rate of approximately 10%[119] - The company plans to invest heavily in R&D, allocating 5% of revenue towards new technology development[119] - The company is exploring potential mergers and acquisitions to enhance market presence[119] Community Engagement and Social Responsibility - The company donated 50,000 yuan to Jinshan Village in October 2021 as part of its poverty alleviation efforts[186] - The company purchased agricultural products worth 577,700 yuan from Jinshan Village to support local farmers[187] - The company assisted Jinshan Village in securing funding of CNY 3.832 million for the creation of a provincial-level beautiful village center in 2021[188] - The company is focused on improving living conditions and public cultural services in Jinshan Village[188] - The company has actively engaged in community health and safety education initiatives, promoting awareness of occupational health and environmental protection[185] Governance and Management - The company maintains complete independence in assets, personnel, finance, organization, and business from its controlling shareholder[113] - The company has established an independent financial department with a separate accounting system and management practices, ensuring no interference from the controlling shareholder in fund usage[113] - The company’s board of directors and senior management received total pre-tax compensation of 119.88万元 and 111.11万元 respectively during the reporting period[117] - The company held its annual general meeting on April 15, 2021, where several resolutions were passed, including the approval of the 2020 financial settlement report[115] - The company has a robust labor management system and independent employee team, ensuring complete independence in personnel management[113]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,477,560,022.05, representing a year-on-year increase of 24.74%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 87,892,096.99, reflecting a year-on-year growth of 5.91%[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 5.43% year-on-year, totaling CNY 77,135,174.91[5] - The basic earnings per share for Q3 2021 was CNY 0.17, up 61.68% compared to the same period last year[6] - Total operating revenue for the first three quarters of 2021 reached ¥4,231,866,876.02, an increase of 22.4% compared to ¥3,454,191,641.85 in the same period of 2020[18] - Net profit for the first three quarters of 2021 was ¥304,036,099.67, compared to ¥156,325,004.68 in the same period of 2020, representing a growth of 94.5%[19] - Earnings per share for the first three quarters of 2021 was ¥0.46, an increase from ¥0.28 in the same period of 2020[20] - The company reported a total comprehensive income of ¥304,036,099.67 for the first three quarters of 2021, compared to ¥156,325,004.68 in the same period of 2020[20] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 5,445,560,330.82, an increase of 20.58% from the end of the previous year[6] - Total assets as of September 30, 2021, amounted to RMB 5,445,560,330.82, an increase from RMB 4,516,277,653.10 in the previous year[15] - Current assets reached RMB 2,786,443,099.45, up from RMB 1,751,215,290.87 year-over-year[15] - The total liabilities as of the end of the third quarter of 2021 were ¥3,805,456,786.31, compared to ¥3,179,314,628.87 at the end of the same period in 2020[17] - The total equity attributable to shareholders of the parent company was ¥1,613,886,470.24, an increase from ¥1,374,018,365.63 in the previous year[17] Cash Flow - The cash flow from operating activities for the year-to-date period was CNY 296,597,003.02, showing a significant increase of 340.73%[6] - Cash flow from operating activities for the first three quarters of 2021 was ¥3,803,683,308.28, compared to ¥3,090,906,830.76 in the same period of 2020, indicating a growth of 22.9%[22] - Net cash flow from operating activities for Q3 2021 was ¥296,597,003.02, a significant increase from ¥67,296,780.17 in Q3 2020, representing a growth of approximately 341%[23] - Total cash inflow from operating activities reached ¥3,866,979,128.02, compared to ¥3,191,609,258.84 in the same period last year, indicating an increase of about 21%[23] - Cash outflow for operating activities was ¥3,570,382,125.00, up from ¥3,124,312,478.67, reflecting a rise of approximately 14%[23] - Cash flow from investing activities showed a net outflow of ¥97,088,015.30, compared to a net outflow of ¥108,052,261.75 in Q3 2020, indicating an improvement[23] - Total cash inflow from financing activities was ¥1,702,596,676.35, an increase from ¥1,309,600,000.00 in the previous year, representing a growth of about 30%[24] - Net cash flow from financing activities was negative at ¥30,384,685.09, contrasting with a positive cash flow of ¥84,814,176.60 in Q3 2020[24] - The ending balance of cash and cash equivalents was ¥423,039,300.37, up from ¥359,855,339.60 at the end of Q3 2020, reflecting an increase of approximately 17.6%[24] Shareholder Information - The company reported a total of 66,814 common shareholders at the end of the reporting period[12] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., holds 25.49% of the shares, totaling 132,971,744 shares[12] Operational Insights - The increase in net profit is primarily attributed to increased product sales and rising gross margins[10] - Research and development expenses for the first three quarters of 2021 amounted to ¥121,074,987.63, an increase of 64.3% from ¥73,681,431.50 in the previous year[18] - The company has not disclosed any significant new strategies or product developments during the reporting period[14] - There were no significant changes in the audit opinion type for the financial statements, which remain unaudited[14] Inventory and Payables - Inventory increased significantly to RMB 1,332,738,110.85 from RMB 713,258,586.74, reflecting a growth of approximately 86.8%[15] - Short-term borrowings rose to RMB 1,449,939,198.87 compared to RMB 1,338,636,047.28 in the previous year, indicating an increase of about 8.3%[15] - Accounts payable increased to RMB 712,071,243.58 from RMB 522,757,352.61, representing a growth of approximately 36.2%[15] - Cash and cash equivalents stood at RMB 694,367,180.99, up from RMB 549,955,694.41, marking an increase of about 26.2%[14] - The company reported a total cash outflow for financing activities of ¥1,732,981,361.44, compared to ¥1,224,785,823.40 in the same quarter last year, indicating a rise of about 42%[24] - Cash received from other operating activities amounted to ¥60,949,718.61, compared to ¥84,443,715.00 in Q3 2020, showing a decrease of approximately 28%[23] - The company paid ¥285,354,290.37 to employees, which is an increase from ¥193,820,992.42 in the previous year, representing a growth of about 47%[23]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 2,754,306,853.97, representing a 21.35% increase compared to CNY 2,269,687,841.80 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was CNY 152,331,265.57, a significant increase of 132.23% from CNY 65,595,087.06 in the previous year[18]. - The basic earnings per share for the first half of 2021 was CNY 0.29, up 123.08% from CNY 0.13 in the same period last year[19]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, reaching CNY 131,457,444.44, a 145.56% increase from CNY 53,533,721.01 in the previous year[18]. - Operating profit for the first half of 2021 was CNY 194,105,284.34, up from CNY 95,484,803.78 in the same period last year, representing a growth of 103.0%[93]. Cash Flow and Assets - The net cash flow from operating activities improved to CNY 387,559,853.51, compared to a negative cash flow of CNY -106,593,245.58 in the same period last year[18]. - The total assets at the end of the reporting period were CNY 5,299,767,173.84, reflecting a 17.35% increase from CNY 4,516,277,653.10 at the end of the previous year[18]. - Cash and cash equivalents amounted to ¥204,482,473.13, restricted due to guarantees for bills, letters of credit, and loans[37]. - The company's total assets as of the reporting date amounted to CNY 4,037,249,850.83, compared to CNY 3,261,088,431.93 at the end of the previous period, indicating a growth of 23.8%[89]. - Total cash and cash equivalents at the end of the period reached CNY 704,618,330.81, up from CNY 107,570,781.69, indicating a net increase of CNY 528,345,276.28[101]. Liabilities and Equity - Total liabilities reached CNY 3,770,514,744.04, up from CNY 3,179,314,628.87, indicating an increase of about 18.5%[85]. - The company's equity attributable to shareholders improved to CNY 1,526,553,167.41 from CNY 1,374,018,365.63, an increase of about 11.1%[85]. - The total equity attributable to shareholders increased to CNY 1,404,512,588.50 from CNY 1,301,251,388.35, showing a growth of 7.9%[89]. - The total owner's equity at the end of the current period is CNY 1,220,748,998.26, reflecting a decrease of CNY 55,576,916.17[108]. Research and Development - The company's research and development expenses increased by 52.03% to CNY 71.14 million[31]. - Research and development expenses for the first half of 2021 were CNY 71,139,878.25, up from CNY 46,794,640.28 in the previous year, indicating a focus on innovation and product development[91]. - The company has a total of 205 authorized patents, including 45 invention patents[29]. Environmental and Sustainability Efforts - The company invested over CNY 30 million in environmental protection measures to address phosphogypsum issues[28]. - The company is committed to sustainable development through circular economy practices and continuous innovation in new products and technologies[23]. - The company has maintained compliance with wastewater discharge standards, with no exceedances reported since 2020[47]. - The company has implemented energy-saving and emission-reduction technology for its ammonium phosphate unit, expected to reduce ammonia emissions by 6.75 tons annually[54]. Market and Industry Position - The company operates in the fertilizer industry, focusing on the production and sales of nitrogen, phosphorus, and potassium fertilizers, as well as chemical products, with a significant market presence in East China[22]. - The company has established a comprehensive domestic sales network with approximately 16,000 effective terminal sales points, enhancing its risk management capabilities and market resilience[24]. - The company is actively pursuing international expansion, having successfully registered its "LANDGREEN" trademark in eight countries, including India and South Korea[24]. Corporate Governance and Compliance - The company has not disclosed any plans for profit distribution or capital increase during this reporting period[5]. - There are no reported instances of non-operating fund occupation by controlling shareholders or related parties[6]. - The company has not reported any significant contracts or other major events during the reporting period[72]. - The company has not disclosed any changes in its equity incentive plans or employee stock ownership plans[46]. Risk Management - The company faces significant risks from limited traditional fertilizer demand and potential price volatility in the market[40]. - Environmental protection pressures are increasing due to stricter safety and environmental standards in the chemical industry[41]. - The company plans to enhance operational efficiency and drive innovation to support new project development[40].

Financial Performance - Operating revenue rose by 28.36% to CNY 1,182,987,016.14 from CNY 921,582,197.61 in the same period last year[5] - Net profit attributable to shareholders of the listed company reached CNY 42,618,771.07, a significant improvement from a loss of CNY 3,227,952.30 in the previous year[5] - Basic and diluted earnings per share were both CNY 0.11, compared to a loss of CNY 0.01 per share in the previous year[5] - Operating profit for Q1 2021 was ¥71,015,170.74, compared to ¥3,814,921.95 in Q1 2020, indicating significant improvement[20] - The company reported a net profit of ¥71,810,719.92 for Q1 2021, a turnaround from a net loss of ¥8,085,970.89 in Q1 2020[20] - Net profit for Q1 2021 was ¥71,291,394.15, compared to a net loss of ¥8,091,276.49 in Q1 2020, marking a significant turnaround[21] - The total comprehensive income for Q1 2021 was ¥71,291,394.15, compared to a loss of ¥8,091,276.49 in Q1 2020[21] Assets and Liabilities - Total assets increased by 7.19% to CNY 4,841,184,855.43 compared to the end of the previous year[5] - Total assets increased to ¥4,841,184,855.43 from ¥4,516,277,653.10, indicating growth in the company's asset base[12] - Total liabilities as of March 31, 2021, were ¥2,287,681,866.26, compared to ¥1,959,837,043.58 at the end of 2020, showing a 16.7% increase[17] - Short-term borrowings rose to ¥1,513,724,664.77 from ¥1,338,636,047.28, reflecting increased financing activities[13] Cash Flow - Cash flow from operating activities decreased by 96.64% to CNY 4,018,406.12 compared to CNY 119,729,251.16 in the same period last year[5] - Net cash flow from operating activities was ¥4,018,406.12, a significant decrease compared to ¥119,729,251.16 in the same period last year, mainly due to increased cash payments for goods and services[10] - The net cash flow from operating activities was ¥58,763,265.79, a decrease of 62% compared to ¥154,510,270.18 in Q1 2020[30] - Cash inflow from operating activities totaled ¥786,439,987.08, up 17.3% from ¥670,726,256.56 in the same period last year[30] - Cash outflow from operating activities increased to ¥727,676,721.29, compared to ¥516,215,986.38 in Q1 2020, reflecting a rise of 40.9%[30] - The net cash flow from financing activities increased to ¥121,102,542.55, compared to ¥108,997,381.17 in the previous year, marking a rise of 11.9%[31] Shareholder Information - The total number of shareholders reached 28,854 by the end of the reporting period[6] - The largest shareholder, Tongling Chemical Industry Group Co., Ltd., held 25.49% of the shares[7] Research and Development - Research and development expenses rose by 65.98% to ¥29,211,644.07, reflecting increased investment in R&D projects[10] - Research and development expenses for Q1 2021 were ¥29,211,644.07, up from ¥17,599,484.63 in Q1 2020, reflecting a 66.5% increase in investment in innovation[20] - Research and development expenses increased to ¥25,924,607.81 in Q1 2021, up from ¥16,847,134.05 in Q1 2020, reflecting a focus on innovation[23] Inventory and Receivables - Inventory increased by 38.38% to ¥986,989,302.31, primarily due to an increase in stock of goods[10] - Accounts receivable financing decreased by 39.08% to ¥35,892,061.70 due to a reduction in payments made by customers using bank acceptance bills[10] Other Financial Metrics - Non-recurring gains and losses totaled CNY 12,232,694.19, primarily from asset disposal and government subsidies[6] - Other income surged by 483.92% to ¥20,922,813.35, primarily due to an increase in government subsidies received compared to the previous year[10] - Management expenses increased by 47.65% to ¥28,126,577.44, mainly due to higher employee compensation[10] - Total operating costs for Q1 2021 were ¥1,132,860,558.81, up from ¥923,630,264.35 in Q1 2020, reflecting a 22.6% increase[20] - The company has not disclosed any significant new product developments or market expansion strategies in this report[8]