证券代码：600493 证券简称：凤竹纺织 公告编号：2023-031 福建凤竹纺织科技股份有限公司 第八届监事会第九次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重 大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据《证券法》第 82 条的规定，监事会对公司 2023 年第三季度报告进行了认真的 审核。监事会认为：董事会对 2023 年第三季度报告的编制和审核程序符合法律、行政 法规和中国证监会的规定；报告的内容能够真实、准确、完整地反映公司 2023 年第三 季度的实际情况；未发现参与公司 2023 年第三季度报告编制和审议的人员有违反保密 规定的行为。 二、以 3 票赞成，0 票反对，0 票弃权，审议通过了《关于对外捐赠的议案》； 监事会认为：本次对外捐赠事项是为了支持晋江市慈善总会开展各项公益活动，是 公司积极履行企业社会责任、回馈社会的重要体现，符合公司的经营宗旨和价值观，有 助于提升公司社会形象和影响力。本次对外捐赠资金来源为公司自有资金，对公司当前 或未来业绩不构成重大影响，亦不存在损害公司及其他股东特别是中小股东利益的情 形，同意本次捐 ...

根据《上海证券交易所股票上市规则》等有关规定，王炳栋先生 的辞职报告自送达董事会时生效。王炳栋先生辞去公司证券事务代表 职务，不会影响公司的正常运作。公司及董事会对王炳栋先生在任职 期间为公司发展所做出的贡献表示感谢。 特此公告。 福建凤竹纺织科技股份有限公司 关于证券事务代表辞职的公告 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。 福建凤竹纺织科技股份有限公司（以下简称"公司"）董事会于 近日收到王炳栋先生的书面辞职报告，王炳栋先生因个人原因申请辞 去公司证券事务代表职务，辞职后王炳栋先生将不再担任公司任何职 务。 证券代码：600493 证券简称：凤竹纺织 编号：2023-033 福建凤竹纺织科技股份有限公司董事会 2023 年 10 月 28 日 ...

Financial Performance - The company's operating revenue for the first half of 2023 was approximately ¥441.07 million, a decrease of 27.70% compared to ¥610.08 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2023 was approximately ¥4.35 million, down 70.60% from ¥14.79 million in the same period last year[17]. - The basic earnings per share for the first half of 2023 was ¥0.0160, a decline of 70.59% compared to ¥0.0544 in the same period last year[17]. - The net cash flow from operating activities was approximately ¥7.53 million, representing an 80.18% decrease from ¥38.02 million in the same period last year[17]. - The total assets at the end of the reporting period were approximately ¥1.88 billion, down 8.76% from ¥2.06 billion at the end of the previous year[17]. - The company's net assets attributable to shareholders at the end of the reporting period were approximately ¥839.19 million, a slight decrease of 0.41% from ¥842.67 million at the end of the previous year[17]. - The company reported a significant increase in non-recurring gains and losses, totaling approximately ¥14.66 million for the reporting period[19]. - The company experienced a basic earnings per share (after deducting non-recurring gains and losses) of -¥0.0379, a decrease of 231.60% compared to ¥0.0288 in the same period last year[17]. - The weighted average return on net assets for the first half of 2023 was 0.5147%, down from 1.7627% in the same period last year, a decrease of 1.2480 percentage points[17]. - Operating profit fell to RMB 5.47 million, down 70.56% from RMB 18.58 million year-on-year, primarily due to decreased sales revenue and underperformance in production capacity[43]. - The company reported a total revenue of RMB 441.07 million for the first half of 2023, a decrease of 27.70% compared to RMB 610.08 million in the same period last year[43]. - Net profit decreased to RMB 4.35 million, a decline of 70.60% from RMB 14.79 million in the previous year, attributed to reduced operating profit[43]. Operational Challenges - The company is experiencing difficulties in recruitment and retention due to changing employment preferences among the younger generation, impacting its operational capacity[30]. - The textile industry faces challenges such as geopolitical tensions affecting supply chains and a shrinking global market, but the company continues to adapt and innovate[27][28]. - The company faced significant challenges in the international market due to geopolitical tensions and economic instability, which may continue to impact demand and supply in the second half of 2023[67]. - Cotton prices showed volatility, with the 328 cotton price index starting at CNY 15,050/ton in January and reaching CNY 17,304/ton by the end of June, reflecting a significant increase of approximately 15%[67]. - The company is exposed to risks from fluctuations in raw material prices, particularly cotton, which saw a peak price of CNY 15,985/ton during the first quarter[67]. - Energy costs remain a concern due to potential fluctuations in natural gas, electricity, and steam prices, which could adversely affect production operations[68]. - Environmental regulations are becoming stricter, with the company facing increased pressure to meet carbon neutrality goals by 2060, which may affect cost structures[69]. Strategic Initiatives - The company is focusing on technological innovation and green manufacturing to enhance its production capabilities and reduce energy consumption[29]. - The company is responding to the urgent need for green transformation in the textile industry, aligning with national goals for carbon neutrality by 2060[30]. - The company is committed to increasing the proportion of high-end, functional, and environmentally friendly fabrics in its product offerings to improve profitability[24]. - The company has implemented a strict supplier evaluation system to lower procurement costs while ensuring quality, which is crucial for maintaining its competitive position[23]. - The company is focusing on digital transformation in the textile dyeing industry, aiming for a smart, green, and digital factory model[32]. - The company plans to enhance its brand through new product development and marketing strategies, emphasizing functional and high-quality fabrics[31]. - The company is investing in employee development and corporate culture to attract and retain talent, enhancing overall productivity and morale[31]. Environmental and Sustainability Efforts - The company has established a "three-star" green industrial building, becoming the first in the textile dyeing industry to achieve this certification, and was selected as a national green factory in 2019[32]. - The intelligent three-dimensional storage system has been implemented, achieving a fully automated operation with 24-hour management, significantly enhancing operational efficiency[33]. - The company has developed a new wastewater treatment plant with a daily processing capacity of 13,000 tons, exceeding national discharge standards and achieving a water reuse rate of over 50%[33]. - The company has implemented a wastewater treatment facility with a capacity of 13,000 tons per day, ensuring compliance with environmental standards[80]. - The wastewater treatment facility has achieved a water reuse rate of over 50% through advanced technologies, significantly lowering treatment costs[91]. - The company has received multiple green certifications, including ISO14001 and ISO50001, and has developed a water treatment technology project that won a national science and technology progress award[87]. - The rooftop solar photovoltaic project covers approximately 80% of the new factory's roof, with an estimated annual power generation of over 6 million kWh, saving about 2,399.52 tons of standard coal and reducing CO2 emissions by approximately 5,982 tons annually[89]. - The company has implemented a comprehensive waste heat recovery system, estimated to save about 16,374 tons of standard coal and reduce CO2 emissions by approximately 40,820.38 tons each year[90]. Financial Management and Investments - The company plans to enhance its market development and innovate marketing strategies to improve competitiveness and reduce raw material costs[70]. - The company aims to strengthen its financial management by collaborating with multiple banks to ensure funding needs are met and financing costs are minimized[70]. - The total amount of guarantees provided by the company to subsidiaries during the reporting period was 66.604351 million RMB, with a total guarantee balance of 97.46816 million RMB at the end of the period, accounting for 11.61% of the company's net assets[106]. - The company plans to provide a maximum guarantee of 30 million RMB for its Jiangxi subsidiary's bank credit application of 50 million RMB in 2023[106]. - The company plans to provide a maximum guarantee of 640 million RMB for its Xiamen subsidiary's bank credit application in 2023[106]. - The company plans to provide a maximum guarantee of 15 million RMB for its Henan subsidiary's bank credit application in 2023[106]. - The company plans to provide a maximum guarantee of 2 million RMB for its weaving subsidiary's bank credit application in 2023[106]. - The total amount of entrusted financial management reached CNY 281,205,050, with actual returns of CNY 174,357,085.39 and total earnings of CNY 3,152,035.39[108]. - The annualized return rate for the entrusted financial products varied, with rates such as 3.50% for certain bank deposits and approximately 3.00% for wealth management products[108]. Shareholder Information - The company has a total of 21,600 common shareholders as of the end of the reporting period[111]. - The largest shareholder, Chen Chengqing, holds 29,147,520 shares, representing 10.72% of the total shares[112]. - The second-largest shareholder, Li Changchun, holds 23,643,600 shares, accounting for 8.69% of the total shares[112]. - The third-largest shareholder, Li Mingfeng, possesses 23,256,000 shares, which is 8.55% of the total shares[112]. - The company has not experienced any changes in its total share capital or share structure during the reporting period[110]. - There are no restricted shares or significant changes in shareholding status reported for the top shareholders[112]. - The company has not proposed any profit distribution or capital reserve increase for the first half of 2023, indicating a focus on reinvestment[76]. - The company has committed to prioritizing cash dividends during profit distribution, with a minimum of 40% of the current profit distribution allocated to cash dividends over the next three years[97]. - The company plans to ensure that the cash dividends distributed in the next three years will not be less than 30% of the average annual distributable profit achieved during that period[97]. Governance and Management Changes - There were changes in the board of directors, with new appointments including Lin Xin as a director, indicating potential shifts in governance and strategy[75]. - The company has authorized management to handle the transfer of equity in the joint venture and the sale of land use rights, with all proceeds received by August 10, 2021[60]. - The company has authorized management to make adjustments and decisions regarding project changes based on new policies and actual conditions[58]. Research and Development - The company completed the application for 5 invention patents in the first half of 2023, with 9 additional patents under review[39]. - Research and development expenses decreased by 37.48% to RMB 9.12 million compared to RMB 14.59 million in the previous year, mainly due to reduced material inputs and external R&D costs[46]. - The company has been recognized as one of the "Top 30 Enterprises in the Chinese Dyeing and Finishing Industry" for 2023 by the China Dyeing and Finishing Industry Association[41]. - The company is focusing on technological innovation in smart, green, and digital processes to enhance production efficiency and reduce costs[42]. Compliance and Regulatory Matters - The company has not faced any administrative penalties related to environmental issues during the reporting period[85]. - The company has been recognized as a "National Advanced Collective for Environmental Protection" and a "National Clean Production Demonstration Enterprise" among other accolades[87]. - The company has established a comprehensive energy management center to lead energy-saving and emission-reduction efforts, aligning with national carbon neutrality goals[86].

福建凤竹纺织科技股份有限公司（以下简称"公司"）分别于 2023 年 7 月 16 日和 2023 年 8 月 2 日召开第八届董事会第九次会议和 2023 年第二次临时股东大会审议通过了《关于与 晋江市自然资源局签订<征收拆迁补偿安置协议书>的议案》。出于公司长远发展的考虑及响应 政府征迁工作的需要，同时为盘活老厂相关资产、优化资产结构，公司与晋江市自然资源局 （以下简称"甲方"）签署了《征收拆迁补偿安置协议书》，甲方以总计人民币 50,547.93 万 元征收公司位于晋江市世纪大道梅岭组团改建工程范围内的所有土地、房屋、房屋附属物及 地上建筑物、构筑物、不可搬迁机器设备及其它辅助配套设施设备等相关资产。具体内容详 见公司 2023 年 7 月 18 日在上海证券交易所网站（http://www.sse.com.cn）披露的《凤竹纺 织关于签订《征收拆迁补偿安置协议书》的公告》（公告编号：2023-024 号）。 二、本次收到征收拆迁补偿款的情况 2023 年 8 月 9 日，公司已收到第一期征收拆迁补偿款人民币贰亿伍仟贰佰柒拾叁万玖仟 陆佰陆拾壹元陆角贰分（￥252,739,661.62）。 证券代码：6 ...

证券代码：600493 证券简称：凤竹纺织 公告编号：2023-014 福建凤竹纺织科技股份有限公司 关于参加福建辖区上市公司 2023 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，福建凤竹纺织科技股份有限公 司（以下简称"公司"）将参加由福建证监局、福建省上市公司协会与 深圳市全景网络有限公司联合举办的"2023 年福建辖区上市公司投资 者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演" 网站（https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景 路演 APP, 参与本次互动交流，活动时间为 2023 年 5 月 15 日（周 一） 16:00-17:30。届时公司高管将在线就公司 2022 年度业绩、公司治 理、发展战略、经营状况和可持续发展等投资者关心的问题，与投资者 进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 福建凤竹纺织科技股份有限公司 董 事 会 2023 年 5 月 9 日 1 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥214,161,290.21, representing a decrease of 19.01% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥5,928,290.33, a decline of 226.10% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 548.60%, amounting to -¥15,488,885.46[8]. - The basic earnings per share for the period was -¥0.0218, down 226.01% compared to the previous year[6]. - The weighted average return on equity decreased by 1.2671 percentage points to -0.7060%[6]. - The total operating revenue for Q1 2023 was CNY 214,161,290.21, a decrease of 19.0% compared to CNY 264,431,004.95 in Q1 2022[25]. - The total operating costs for Q1 2023 were CNY 234,176,316.61, down from CNY 258,915,621.55 in Q1 2022, reflecting a reduction of 9.6%[25]. - The net profit for Q1 2023 was a loss of CNY 5,928,290.33, compared to a profit of CNY 4,701,304.42 in Q1 2022, indicating a significant decline[26]. - The company's total assets decreased to CNY 2,008,676,861.29 in Q1 2023 from CNY 2,057,734,180.81 in Q1 2022, a reduction of 2.4%[24]. - The total liabilities decreased to CNY 1,171,933,973.18 in Q1 2023 from CNY 1,215,063,002.37 in Q1 2022, a decline of 3.5%[23]. - The company's total equity attributable to shareholders decreased to CNY 836,742,888.11 in Q1 2023 from CNY 842,671,178.44 in Q1 2022, a decline of 0.7%[24]. Cash Flow - The net cash flow from operating activities was -¥18,547,826.29, indicating a significant cash outflow due to reduced sales and procurement[8]. - In Q1 2023, the company reported cash inflows from operating activities of ¥214,678,106.39, a decrease of 43.6% compared to ¥380,293,260.65 in Q1 2022[28]. - The net cash outflow from operating activities was ¥18,547,826.29, improving from a net outflow of ¥29,039,295.66 in the same period last year[28]. - Cash outflows for purchasing goods and services amounted to ¥184,045,650.75, down 45.5% from ¥336,969,334.16 in Q1 2022[28]. - The company experienced a net cash outflow from investing activities of ¥2,310,108.04, significantly better than the net outflow of ¥28,255,211.10 in Q1 2022[29]. - Cash inflows from financing activities were recorded at ¥94,062,454.56, while cash outflows totaled ¥92,651,829.59, resulting in a net cash outflow of ¥92,651,829.59[29]. - The company's cash and cash equivalents at the end of Q1 2023 stood at ¥157,636,755.96, compared to ¥119,791,968.41 at the end of Q1 2022, reflecting an increase of 31.6%[29]. - The company received ¥3,403,692.00 in cash from investment income, a significant increase from ¥44,794.53 in Q1 2022[28]. - The total cash outflow for investing activities was ¥5,713,800.04, down from ¥29,702,311.63 in the previous year, indicating a reduction of 80.7%[29]. - The company reported a cash inflow of ¥3,858,503.85 from tax refunds, a decrease of 77.2% compared to ¥16,852,118.77 in Q1 2022[28]. - The impact of exchange rate changes on cash and cash equivalents was an increase of ¥2,100,087.79, compared to an increase of ¥760,060.18 in the same quarter last year[29]. Assets and Investments - Total assets at the end of the reporting period were ¥2,008,676,861.29, a decrease of 2.38% from the end of the previous year[6]. - As of March 31, 2023, the company's cash and cash equivalents amounted to RMB 385,280,648.35, a decrease from RMB 474,500,134.33 at the end of 2022[21]. - Accounts receivable decreased to RMB 113,759,249.47 from RMB 138,435,728.30 at the end of 2022[21]. - The company has invested in various financial products, totaling RMB 171,205,050, with expected annualized returns ranging from 2.25% to 3.50%[19]. - The inventory increased to CNY 289,290,430.49 in Q1 2023 from CNY 269,034,038.49 in Q1 2022, reflecting a growth of 7.5%[24]. Projects and Developments - The company has completed the construction of the new An Dong factory, which is expected to enhance operational scale and market share after commencing production[13]. - The total investment for the An Dong factory project is approximately RMB 850 million, increased from the original estimate of RMB 650 million[12]. - The company has secured land use rights for 424.08 acres in Anyang for the new production base, with the project expected to cost around RMB 300 million[15]. - The Anyang project is currently in the decoration phase, with the main structure of the dyeing workshop already completed[15]. - The company is actively negotiating with government departments to expedite the relocation of the old factory to enhance production capabilities[13]. - The company has authorized management to make adjustments to the Anyang project in response to changes in laws and regulations[14]. - The company aims to transform its old factory into a modern, intelligent, and green dyeing and finishing enterprise[12]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 23,036[10]. - The company's basic and diluted earnings per share were -0.0218 in Q1 2023, compared to 0.0173 in Q1 2022[26]. - Research and development expenses for Q1 2023 were CNY 4,824,204.67, a decrease of 38.2% from CNY 7,811,664.99 in Q1 2022[25].

Financial Performance - The company's total revenue for 2022 was CNY 1,148,583,808.97, representing a decrease of 11.78% compared to 2021[21]. - The net profit attributable to shareholders for 2022 was CNY 26,072,701.66, down 64.38% from the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 21,618,783.75, a decrease of 58.30% year-on-year[21]. - The net cash flow from operating activities was CNY 82,955,787.68, an increase of 10.60% compared to 2021[21]. - The company's total assets as of December 31, 2022, were CNY 2,057,734,180.81, a decrease of 2.61% from the end of 2021[21]. - The net assets attributable to shareholders at the end of 2022 were CNY 842,671,178.44, an increase of 0.86% compared to the end of 2021[21]. - Basic earnings per share decreased by 64.36% to CNY 0.0959 in 2022 from CNY 0.2691 in 2021[22]. - Diluted earnings per share also decreased by 64.36% to CNY 0.0959 in 2022 from CNY 0.2691 in 2021[22]. - The weighted average return on equity fell by 6.05 percentage points to 3.1064% in 2022 from 9.1608% in 2021[22]. - The net profit attributable to shareholders in Q4 2022 was a loss of CNY 1,511,094.58, contrasting with profits in the previous three quarters[24]. - The company reported a total revenue of CNY 210,792,491.72 in Q4 2022, down from CNY 327,711,070.45 in Q3 2022[24]. Dividend Policy - The proposed cash dividend for 2022 is CNY 0.288 per share, with a total distribution of CNY 7,833,600[6]. - The cash dividend payout ratio for the year was 30.05% of the net profit attributable to shareholders[6]. - The company plans to retain the remaining undistributed profits for future distribution[6]. - The company prioritizes cash dividends in its profit distribution policy, aiming for a minimum of 10% of the distributable profit to be allocated as dividends if both net profit and distributable profit are positive[167]. - The company aims for cash dividends to constitute at least 80% of profit distribution when in a mature stage without major capital expenditure plans[167]. - The company has a cash dividend policy that requires a cumulative distribution of at least 30% of the average distributable profit over the last three years[167]. - The company distributed a cash dividend of 0.808 RMB per 10 shares, totaling 21,977,600 RMB, which represents 30.03% of the net profit attributable to ordinary shareholders in the consolidated financial statements[173]. Operational Efficiency and Technology - The company is focusing on digitalization, intelligence, and green technology to enhance production efficiency and reduce costs[30]. - The company aims to improve product order structure and increase the proportion of high-value products to enhance profitability[30]. - The company has implemented smart energy-saving production equipment and automated systems to optimize production management[30]. - The company is committed to implementing green manufacturing practices and adhering to national environmental policies to enhance sustainability[53]. - The company is investing in new product development, emphasizing functionality, comfort, and innovative designs to meet market demands[52]. - The company is actively pursuing modernization in its dyeing facilities to become a benchmark in the industry[53]. - The company is committed to increasing research and development in green technologies to meet environmental standards[135]. - The company has established a comprehensive energy management center to lead energy-saving and emission-reduction efforts[190]. - The company has implemented advanced technologies for wastewater treatment, including an intelligent micro-aeration system and an automatic backwashing sand filtration system[193]. Market and Industry Trends - The textile industry is facing new challenges and opportunities due to digital economy, smart technology, and green development, prompting government policies to support transformation and upgrade[34]. - The RCEP agreement, effective from January 1, 2022, aims to reduce trade costs in East Asia, providing a platform for China's new development pattern[35]. - The "14th Five-Year" energy conservation and emission reduction plan targets a 13.5% reduction in energy consumption per unit of GDP by 2025 compared to 2020 levels[37]. - The introduction of the "China Cotton" sustainable production standard marks a significant step towards sustainable practices in the cotton industry[39]. - The textile industry is focusing on key technological advancements such as online dyeing liquid addition and efficient wastewater treatment and reuse, with a goal to create demonstration enterprises for wastewater recycling[43]. - The digital transformation plan for the textile industry (2022-2024) includes the promotion of intelligent production and digital management solutions[42]. - The government aims to enhance the integration of digital technology in the consumer goods industry, with specific goals set for 2025 to improve product variety, quality, and brand influence[44]. - The textile industry in China faced significant challenges in 2022, including geopolitical conflicts, raw material price fluctuations, and high shipping costs, leading to a weakened global economic growth and domestic demand[121]. Environmental and Social Responsibility - The company has established an environmental protection mechanism and invested 1,430.07 million RMB in environmental protection during the reporting period[180]. - The average COD emission concentration for 2022 was 62.68 mg/L, significantly below the standard value of 200 mg/L, with total COD emissions of 132.67 tons against a limit of 894.6 tons[182]. - The company has a wastewater treatment facility with a capacity of 25,000 tons/day at the old plant and 13,000 tons/day at the new plant, both operating effectively and meeting environmental standards[183][184]. - The company has not reported any instances of exceeding pollution discharge limits during the reporting period[181]. - The company has been recognized as a "National Advanced Environmental Protection Collective" and a "National Clean Production Demonstration Enterprise" among other accolades[191]. - The company has made direct donations totaling 1,166,000 CNY, including 1,000,000 CNY to the Red Cross for pandemic control efforts[196]. - The company has engaged in multiple charitable activities, benefiting a total of 344 individuals through various forms of assistance[200]. Governance and Management - The company has established a robust governance structure, ensuring compliance with relevant laws and regulations, and protecting the rights of minority shareholders[138]. - The company has implemented internal rules for board meetings and established various committees to enhance oversight and decision-making processes[139]. - The company adheres to strict information disclosure practices, ensuring timely and accurate reporting of financial and operational information[141]. - The company’s governance practices include regular evaluations and elections of board members to ensure effective oversight[145]. - The company has maintained its shareholding structure, with no changes in the number of shares held by key executives during the reporting period[146]. - The company’s management team includes individuals with significant experience in finance, law, and management, contributing to strategic decision-making[147]. Future Outlook - The company's 2023 revenue target is set at 1.2 billion with a cost target of 1 billion[131]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[150]. - The company is exploring potential acquisitions to enhance its supply chain efficiency and market reach[150]. - The company aims to strengthen market development and innovate marketing models to fully leverage its potential[135]. - The company is committed to adhering to national environmental policies and investing in pollution control technologies[129].

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 610.08 million, representing a 2.26% increase compared to CNY 596.62 million in the same period last year[15]. - The net profit attributable to shareholders for the first half of 2022 was CNY 14.79 million, a decrease of 53.26% from CNY 31.65 million in the previous year[15]. - The basic earnings per share for the first half of 2022 was CNY 0.0544, down 53.22% from CNY 0.1163 in the same period last year[15]. - The net cash flow from operating activities decreased by 27.82% to CNY 38.02 million, compared to CNY 52.68 million in the previous year[15]. - The company's total assets at the end of the reporting period were approximately CNY 2.07 billion, a decrease of 1.91% from CNY 2.11 billion at the end of the previous year[15]. - The weighted average return on net assets for the first half of 2022 was 1.76%, down 2.28 percentage points from 4.04% in the same period last year[15]. - The company's operating profit decreased by 49.79% to RMB 18.58 million from RMB 37.01 million year-on-year, primarily due to increased raw material costs and inventory impairment provisions[40]. - Net profit fell by 53.26% to RMB 14.79 million from RMB 31.65 million in the previous year, reflecting the decline in operating profit[40]. Industry and Market Position - The company operates primarily in the textile industry, focusing on the production and processing of knitted and woven fabrics, with 70-80% of its products indirectly exported to markets including Hong Kong, the Middle East, Europe, and Japan[19]. - The company operates in the weaving and dyeing sector of the textile industry, primarily providing knitted and dyed fabrics for children's clothing, sportswear, and mid-to-high-end T-shirts and underwear, with relatively stable year-round operations and limited seasonal fluctuations[20]. - The textile industry has shown resilience during the COVID-19 pandemic, effectively ensuring public health and safety while facing challenges such as global economic instability and rising inflation pressures[23]. - The company is focusing on technological innovation, green manufacturing, and smart manufacturing as strategic priorities to adapt to the evolving industry landscape[24]. - The company is adapting to demographic changes, including an aging population and declining labor force, which are impacting the labor-intensive textile industry[26]. Environmental and Sustainability Initiatives - The company is responding to stringent environmental regulations and the global push for carbon neutrality by enhancing its green production capabilities and adopting sustainable practices[26]. - The company has achieved a significant upgrade in its production facilities, introducing advanced intelligent and green technologies, aiming to establish a digital factory that meets industry-leading standards[30]. - The new factory has been recognized as a three-star green industrial building, complying with national standards and receiving accolades from the Ministry of Industry and Information Technology[30]. - The wastewater treatment system has been upgraded to exceed national discharge standards, achieving a water reuse rate of over 50%[30]. - The company has developed a new dyeing process for polyester-cotton fabrics that reduces production steps by 4-5, significantly lowering energy consumption and pollution discharge[31]. - The introduction of the SORONA® fiber series aligns with sustainable development goals, utilizing renewable plant-based materials[31]. - The company has invested RMB 11,523.58 million in wastewater treatment engineering and equipment, with a depreciation of RMB 240.45 million in the first half of 2022[77]. - The company has been recognized as a "National Advanced Collective for Environmental Protection" and has received various environmental honors[84]. Research and Development - Research and development expenses increased by 33.49% to RMB 14.59 million from RMB 10.93 million year-on-year, indicating a focus on innovation[41]. - The company has filed 6 invention patent applications and received authorization for 2 patents in the first half of 2022, enhancing its intellectual property portfolio[34]. - The company has invested $10 million in research and development for new technologies aimed at improving operational efficiency[159]. Financial Management and Investments - Cash and cash equivalents decreased by 18.70% to ¥323,439,733.91, accounting for 15.61% of total assets[44]. - Accounts receivable increased by 4.07% to ¥204,044,692.52, representing 9.85% of total assets, attributed to increased sales revenue[45]. - Prepayments surged by 178.10% to ¥41,399,172.44, constituting 2.00% of total assets, due to advance payments for raw materials[45]. - Long-term borrowings increased by 35.34% to ¥281,750,000.00, representing 13.59% of total liabilities, due to new three-year long-term loans[50]. - The company has maintained cooperation with multiple banks to ensure funding needs and reduce financing costs[66]. Shareholder and Governance Matters - The company plans to ensure that cash dividends account for no less than 40% of the profit distribution in the next three years[91]. - The company will prioritize cash dividends during profit distribution, with the possibility of additional stock dividends and capital reserve transfers[91]. - The company has not reported any significant litigation or arbitration matters during the reporting period[93]. - The company has not disclosed any major contracts or significant related party transactions that are pending or have not been fulfilled[97]. Risks and Challenges - The company faces risks from international market uncertainties, including the ongoing COVID-19 pandemic and geopolitical tensions, which may impact demand and operational stability[64]. - Fluctuations in raw material and energy prices pose risks to production costs, particularly for cotton, dyes, and energy sources like natural gas and electricity[64]. - The company faces challenges from the digital economy, requiring more specialized and comprehensive digital applications across various production and service stages[25]. Future Outlook and Strategic Plans - The company plans to focus on market expansion and new product development to enhance future growth prospects[135]. - The company aims to strengthen its macro-strategic awareness and crisis management to maintain competitiveness in both domestic and international markets[28]. - The company is actively negotiating with government departments to expedite the relocation of its weaving, dyeing, and printing businesses, which are currently affected by land issues[56].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 264,431,004.95, representing a 15.00% increase compared to the same period last year [5] - The net profit attributable to shareholders decreased by 3.66% to CNY 4,701,304.42, while the net profit after deducting non-recurring gains and losses dropped by 49.18% to CNY 3,452,712.78 [5] - The total revenue for the first quarter of 2022 was not explicitly stated, but the company reported significant changes in various financial metrics, indicating a focus on improving operational efficiency [24] - The net profit for Q1 2022 was ¥1,073,290.86, down 76.0% from ¥4,473,736.55 in Q1 2021 [35] - Basic and diluted earnings per share for Q1 2022 were both ¥0.0173, a decrease from ¥0.0179 in Q1 2021 [26] Cash Flow - The net cash flow from operating activities was negative at CNY -29,039,295.66, indicating cash outflow during the quarter [5] - In Q1 2022, the cash inflow from operating activities was CNY 393,148,500.22, a significant increase of 78% compared to CNY 220,839,862.91 in Q1 2021 [36] - The net cash flow from operating activities turned positive at CNY 71,342,629.79, compared to a negative CNY 58,030,253.03 in the same period last year [36] - Cash flow from operating activities showed a net outflow of ¥29,039,295.66 in Q1 2022, improving from a net outflow of ¥41,847,139.08 in Q1 2021 [29] - The cash inflow from financing activities was CNY 94,062,454.56, a substantial increase from CNY 29,500,000.00 in Q1 2021, representing a 218% growth [38] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,014,160,425.31, down 4.67% from the end of the previous year [6] - The company's current assets totaled CNY 947,870,795.55, down from CNY 1,084,184,819.26, indicating a decrease of about 12.56% [22] - The total liabilities decreased to CNY 1,173,447,313.58 from CNY 1,277,358,284.08, reflecting a decrease of approximately 8.14% [23] - The total assets decreased to ¥1,935,118,981.73 as of March 31, 2022, from ¥2,015,252,104.01 at the end of 2021 [33] - The company's cash and cash equivalents were ¥142,093,694.44 as of March 31, 2022, compared to ¥163,886,095.87 at the end of 2021 [31] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 22,413 [9] - The top three shareholders held a combined 28.96% of the company's shares, with the largest shareholder owning 10.72% [9] Investments and Projects - The total investment for the new factory project in Fujian Jinjiang Economic Development Zone is approximately RMB 850 million, increased from the original RMB 650 million [11] - The new factory has been completed and is now in the process of obtaining completion certificates, with the main dyeing production line officially in operation, stabilizing the original capacity from the old factory [12] - The Henan Anyang project has completed land reserve matters with a total of 424.08 acres acquired for the project [15] - The investment for the "Henan Fengzhu (Anyang) 30,000 tons dyeing project" is estimated to be around RMB 300 million, with the main structure of the dyeing workshop already capped [15] Operational Efficiency and Strategy - The company is focused on enhancing its market share and operational scale through the new factory's production capabilities [12] - The company is committed to environmental compliance and adapting to new regulations in the dyeing industry as part of its strategic initiatives [14] - The company has authorized management to handle the transfer of equity and land use rights to alleviate financial pressure and enhance liquidity [16] Research and Development - Research and development expenses increased to ¥7,811,664.99 in Q1 2022, up 54% from ¥5,058,996.72 in Q1 2021 [25] - Research and development expenses for Q1 2022 were ¥5,383,666.27, up from ¥3,074,328.74 in Q1 2021, indicating a focus on innovation [34]

Financial Performance - The company achieved a total revenue of ¥1,301,955,874.40 in 2021, representing a 24.03% increase compared to ¥1,049,746,676.39 in 2020[22]. - The net profit attributable to shareholders was ¥73,194,678.84, a significant increase of 147.05% from ¥29,627,686.74 in the previous year[22]. - The basic earnings per share rose to ¥0.2691, reflecting a 147.11% increase compared to ¥0.1089 in 2020[23]. - The company plans to distribute a cash dividend of ¥0.808 per 10 shares, amounting to a total of ¥21,977,600 (including tax) based on a total share capital of 272,000,000 shares[6]. - The cash dividend payout ratio for the year was 30.03%, calculated as the total cash dividends distributed relative to the net profit attributable to shareholders[6]. - Total assets increased by 10.57% to ¥2,112,810,074.45 at the end of 2021, compared to ¥1,910,833,283.78 at the end of 2020[22]. - The company's net assets attributable to shareholders reached ¥835,451,790.37, an 8.93% increase from ¥766,934,916.39 in the previous year[22]. - The operating cash flow net amount decreased by 42.05% to ¥75,007,031.13 from ¥129,428,197.45 in 2020[22]. - The total amount of non-recurring gains and losses for 2021 was approximately 21.35 million RMB, significantly higher than the previous year's 9.41 million RMB[26]. - The company reported a net cash flow from operating activities of ¥75,007,031.13, a decrease of 42.05% compared to ¥129,428,197.45 in the previous year[67]. Investment and Development - The company has invested in advanced low-bath ratio intelligent equipment to improve product quality and reduce energy consumption, aiming for industry-leading technology levels[30]. - The company has established a new production line at the Antong new plant, which has begun operations and is expected to enhance production capacity and efficiency[30]. - The company is investing in modernizing its dyeing factories to become a benchmark in the industry, emphasizing smart and green technologies[48]. - The company completed the construction of the new factory in An Dong, which is expected to enhance production capacity and market share[104]. - The total investment for the An Dong new factory project was approximately CNY 850,000,000.00[103]. - The company is actively negotiating with government departments to facilitate the relocation of its old factory[104]. - The investment for the "Henan Fengzhu (Anyang) 30,000 tons printing and dyeing project" is estimated to be around 300 million RMB, with the main structure of the dyeing workshop already capped and currently undergoing decoration[107]. Market and Industry Trends - The textile industry is facing challenges and opportunities due to high-end technology and environmental requirements, alongside the impacts of the COVID-19 pandemic[34]. - The new import tariff adjustments effective from January 1, 2021, aim to promote high-quality development in the textile and apparel sectors[35]. - The implementation of the new "Pollutant Discharge Permit Management Regulations" starting March 1, 2021, emphasizes the importance of environmental management in industrial production[36]. - The company is expected to benefit from the Regional Comprehensive Economic Partnership (RCEP), which will enhance trade scale and deepen supply chain cooperation in the textile industry[38]. - The "14th Five-Year Plan" for the textile industry emphasizes high-quality development focusing on technology, fashion, and sustainability[39]. - The company recognizes the importance of domestic demand as a strategic base for industry development, aiming to enhance supply quality and efficiency to address external uncertainties[115]. - The digital economy is shifting focus from consumer internet to industrial internet, requiring the textile industry to adapt to more complex application scenarios[116]. Environmental and Sustainability Initiatives - The company is committed to green manufacturing practices, adhering to national environmental policies and implementing clean production processes[48]. - The company has invested a total of RMB 1,360.93 million in pollution control measures in 2021, an increase of RMB 419.78 million from 2020[174]. - The company has constructed wastewater treatment facilities with a capacity of 25,000 tons/day and 13,000 tons/day, both operating effectively and meeting environmental standards[172][173]. - The company has received multiple environmental honors, including being recognized as a "National Clean Production Demonstration Enterprise" and a "National Circular Economy Pilot Enterprise"[182]. - The company has established a photovoltaic power generation facility with an expected capacity of 6.5 MW, aiming for an annual output of 7 million kWh[184]. - The company has implemented a wastewater reuse rate of over 50%, achieving advanced levels in the industry[184]. - The company has developed a waste heat recovery system for its heat-setting machines, contributing to energy savings and efficiency improvements[182]. Corporate Governance and Management - The company has maintained a transparent and effective governance structure, aligning with legal and regulatory standards[168]. - The company has established various management systems, including shareholder meeting rules and information disclosure management, to ensure compliance and transparency[134]. - The company has implemented a robust internal control system to manage risks and ensure compliance with regulatory requirements[134]. - The company has a comprehensive shareholder return plan for 2020-2022, focusing on dividends and capital appreciation[134]. - The company has appointed new executives including Chen Qiang as Chairman and Chen Chengqing as General Manager due to internal restructuring[146]. - The company has a long-term commitment to not transfer or reduce its shareholdings within three years of the control period[188]. Research and Development - The company has focused on technological innovation and environmental sustainability, aligning with national policies on energy conservation and emission reduction[32]. - Research and development expenses increased by 28.13% to RMB 25,464,364.64, reflecting a rise in direct material inputs for R&D[67]. - The total R&D expenditure for the period amounted to ¥25,464,364.64, representing 1.96% of the operating revenue[86]. - The company developed several new fabric technologies in 2021, including anti-mite knitted fabric and hyaluronic acid blended fabric, targeting health-conscious consumer markets[60][61]. - Ongoing research and development efforts are focused on innovative textile technologies, with a budget allocation of 5 million RMB for the next year[140]. Challenges and Risks - The company is facing pressures from rising raw material prices and geopolitical tensions affecting the textile industry[44]. - The company recognizes potential risks from international trade tensions and the ongoing impact of the COVID-19 pandemic on the textile industry[123]. - The company faced risks from energy price fluctuations, particularly due to large-scale production limits and electricity restrictions during the reporting period[125]. - The RMB appreciated by 2.6% against the USD over the year, with the highest exchange rate at 6.35 and the lowest at 6.57, indicating potential volatility in the foreign exchange market[125]. Future Outlook - The company aims for a revenue target of 1.4 billion and a cost target of 1.18 billion for 2022[122]. - The company plans to enhance its production quality management system and ensure product quality compliance[120]. - The company will focus on expanding its overseas market share, targeting major clients as key growth points for export business[120]. - The company is committed to increasing investment in environmental protection facilities and adopting clean production processes[120]. - The company intends to strengthen new product development and maintain continuous growth in technology investment[120]. - The company will actively monitor international market dynamics and adjust strategies to maintain competitiveness[119].