证券代码： 600566 证券简称： 济川药业 公告编号： 2023-047 湖北济川药业股份有限公司 第十届董事会第三次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 （一）本次会议的召开符合《公司法》《公司章程》《董事会议事规则》的规 定。 （一）审议通过《关于公司 2023 年半年度报告全文及其摘要的议案》 审议通过公司 2023 年半年度报告全文及摘要（具体内容详见上海证券交易 所网站：http://www.sse.com.cn）。 同意 7 票，反对 0 票，弃权 0 票。本议案获得通过。 （二）本次会议通知和相关资料于 2023 年 7 月 31 日以书面方式送达全体董 事和监事。 （三）本次会议于 2023 年 8 月 11 日在湖北济川药业股份有限公司（以下简 称"公司"）办公大楼十楼会议室以现场及通讯表决的方式召开。 （四）本次会议应参加董事 7 人，实际参加董事 7 人，其中独立董事姚宏先 生、卢超军先生、杨玉海先生以通讯方式出席会议。 （五）本次会议由董事长曹龙祥先生 ...

关于召开 2022 年度暨 2023 年第一季度业绩说明会 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： 投资者可于 2023 年 05 月 09 日(星期二)至 05 月 15 日(星期一)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 jcyy@jumpcan.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。 湖北济川药业股份有限公司（以下简称"公司"）已于 2023 年 4 月 10 日发 布公司 2022 年度报告、2023 年 4 月 18 日发布公司 2023 年第一季度报告，为便 于广大投资者更全面深入地了解公司 2022 年度及 2023 年第一季度经营成果、财 务状况，公司计划于 2023 年 05 月 16 日下午 15:00-16:00 举行 2022 年度暨 2023 年第一季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度及 2023 年 第一季 ...

Financial Performance - The company's revenue for Q1 2023 reached ¥2,388,296,884.09, representing a year-on-year increase of 9.87%[4] - Net profit attributable to shareholders was ¥676,756,832.78, reflecting a growth of 16.44% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥606,066,786.61, up by 20.60% year-on-year[4] - Basic earnings per share were ¥0.739, marking a 13.00% increase year-on-year[4] - The net profit for Q1 2023 was CNY 678,157,318.97, an increase of 16.6% compared to CNY 581,464,766.39 in Q1 2022[17] - Operating profit for Q1 2023 reached CNY 760,336,800.06, up from CNY 610,467,582.49 in the same period last year, reflecting a growth of 24.5%[17] - The total comprehensive income for Q1 2023 was CNY 678,157,318.97, compared to CNY 581,464,766.39 in Q1 2022, indicating a growth of 16.6%[18] Cash Flow and Assets - The net cash flow from operating activities amounted to ¥1,301,524,433.03, an increase of 29.38% from the previous year[4] - The net cash flow from operating activities for Q1 2023 was CNY 1,301,524,433.03, compared to CNY 1,006,008,812.50 in Q1 2022, an increase of 29.4%[20] - The net cash flow from investing activities for Q1 2023 was CNY 1,351,078,226.01, a significant recovery from a negative cash flow of CNY -1,945,146,440.65 in Q1 2022[22] - Total assets at the end of the reporting period were ¥15,770,840,321.03, a rise of 5.27% from the end of the previous year[5] - Current assets totaled ¥11,982,090,810.91 in Q1 2023, compared to ¥11,176,697,649.24 in Q1 2022, indicating a growth of 7.19%[12] - Cash and cash equivalents rose to ¥7,467,759,040.05 in Q1 2023, compared to ¥4,818,940,846.89 in Q1 2022, an increase of 55.06%[12] Shareholder Information - Shareholders' equity attributable to the parent company was ¥12,017,706,574.91, which is a 6.00% increase compared to the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 40,916[7] - The company's equity attributable to shareholders rose to ¥12,017,706,574.91 in Q1 2023, up from ¥11,337,385,551.34 in Q1 2022, reflecting a growth of 6.02%[14] Costs and Expenses - Total operating costs for Q1 2023 were ¥1,706,503,386.50, up from ¥1,590,955,421.80 in Q1 2022, reflecting a year-over-year increase of 7.29%[15] - The company experienced a decrease in sales expenses to CNY 1,089,196,034.01 in Q1 2023 from CNY 1,055,995,827.32 in Q1 2022, indicating improved cost management[17] - The company reported an increase in research and development expenses to CNY 106,628,822.83 in Q1 2023, up from CNY 94,430,464.49 in Q1 2022, reflecting a commitment to innovation[17] Inventory and Receivables - Inventory increased to ¥497,728,551.00 in Q1 2023 from ¥391,476,724.81 in Q1 2022, marking a significant rise of 27.12%[12] - Accounts receivable decreased to ¥2,245,621,026.01 in Q1 2023 from ¥2,831,658,804.07 in Q1 2022, a decline of 20.69%[12] Regulatory and Reporting Information - The financial report was announced on April 17, 2023, by the board of directors of Hubei Jichuan Pharmaceutical Co., Ltd.[23] - The report does not specify any performance summary, user data, future outlook, or guidance for the upcoming quarters[23] - There is no mention of new product or technology development, market expansion, or mergers and acquisitions in the report[23] - The report indicates that the company is not applicable for the first-time execution of new accounting standards or interpretations affecting the financial statements[23] - The document does not provide specific financial figures or percentage changes related to performance metrics[23] - The company’s management team includes Cao Longxiang, Yan Hongquan, and Xi Jianhong, responsible for accounting work[23] - The report is structured to comply with regulatory requirements for financial disclosures[23] - There are no additional strategic initiatives or changes mentioned in the report[23] - The report concludes without detailed insights into operational performance or market conditions[23]

Financial Performance - The company achieved operating revenue of CNY 8,996,366,979.29 in 2022, representing a 17.90% increase compared to CNY 7,630,510,000.18 in 2021[16]. - Net profit attributable to shareholders reached CNY 2,170,754,633.98, up 26.27% from CNY 1,719,175,931.11 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was CNY 2,028,590,799.57, reflecting a 30.30% increase from CNY 1,556,880,008.39 in 2021[16]. - The company reported a net cash flow from operating activities of CNY 2,620,832,879.02, which is a 38.35% increase compared to CNY 1,894,329,392.98 in 2021[16]. - Basic earnings per share increased to CNY 2.44, a growth of 25.77% from CNY 1.94 in the previous year[17]. - The diluted earnings per share rose to CNY 2.39, marking a 25.13% increase from CNY 1.91 in 2021[17]. - The company maintained a weighted average return on equity of 21.91%, up from 20.46% in the previous year[17]. - The total assets of the company reached CNY 14,981,202,241.23 at the end of 2022, a 23.49% increase from CNY 12,131,036,777.90 at the end of 2021[16]. Dividend and Share Capital - The company plans to distribute a cash dividend of 8.80 CNY per 10 shares, totaling approximately 811.20 million CNY for the year 2022[3]. - The total share capital as of December 31, 2022, is 921,822,160 shares[3]. Audit and Compliance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants[2]. - There are no significant risks that could materially affect the company's operations during the reporting period[5]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[4]. - The company has not violated any decision-making procedures for providing guarantees[4]. Risk Management - The management has outlined potential risks that may adversely impact future development strategies and operational goals[5]. - The company emphasizes the importance of investment risk awareness for investors regarding forward-looking statements[4]. Research and Development - The company invested CNY 553,303,050.84 in R&D, which is a 5.70% increase from the previous year[34]. - The company obtained five invention patents during the reporting period, enhancing its R&D capabilities[24]. - The company has three projects in the consistency evaluation research phase and has submitted 15 projects for production approval[24]. - The company plans to continue increasing R&D investment and actively recruit high-end R&D talent to enhance its product line[73]. Product Development and Market Strategy - The company plans to continue expanding its product offerings, with significant sales growth in products like Pudilan Anti-inflammatory Oral Liquid and Pediatric Chiqiao Qingre Granules[17]. - The company is actively expanding its product offerings, with several new drugs under development, including those for epilepsy and chronic kidney disease[63][65]. - The company aims to enhance its product line and improve sustainable development and profitability through increased R&D investment and optimized sales channels[26]. - The company will closely monitor the implementation of DRG/DIP payment pilot programs to adjust product strategies accordingly[27]. Sales and Marketing - The company expanded its sales channels through partnerships with internet hospitals and digital marketing strategies[25]. - The company’s sales strategy focuses on academic promotion and channel distribution, enhancing its market penetration capabilities[32]. - The company is enhancing its talent development programs to improve employee skills and strengthen its core competitiveness[90]. Environmental Compliance - The company has maintained a focus on environmental compliance and has not reported any exceedances in pollutant emissions during the reporting period[142]. - The company has established a comprehensive wastewater treatment station with a daily processing capacity of 2000 tons, operating continuously[148]. - The company reported a maximum ammonia emission of 0.50 mg/m³ from the wastewater treatment station, below the limit of 20 mg/m³[146]. Corporate Governance - The company achieved complete independence from its controlling shareholder in terms of assets, personnel, finance, organization, and business operations[95]. - The company held its 2021 Annual General Meeting on May 9, 2022, where eight resolutions were approved, including the full annual report and profit distribution plan for 2021[96]. - The company plans to continue the current board and supervisory committee until the new elections are completed, ensuring stability in governance[100]. Shareholder Relations - The company has established a shareholder return plan for 2020-2022, stipulating that cash dividends should not be less than 30% of the average distributable profit over the last three years, with specific conditions for higher percentages based on the company's development stage[124]. - The company’s profit distribution plan requires a two-thirds majority approval from shareholders present at the general meeting[124]. Financial Management - The company utilized idle funds to invest in wealth management products, with a total amount of 1,115,000,000 RMB from raised funds and 1,700,000,000 RMB from self-owned funds[176]. - The outstanding balance of wealth management products as of December 31, 2022, was 1,661,000,000 RMB[177]. - The company has a diversified investment approach, utilizing both raised and self-owned funds for wealth management[176]. Employee Management - The company employed a total of 5,025 staff, with 2,318 in production, 1,081 in sales, 709 in technical roles, 140 in finance, and 777 in administration[120]. - The company has established a training program focusing on management, marketing, technical skills, and operational knowledge to enhance employee capabilities[122]. Strategic Initiatives - The company plans to enhance marketing management and optimize sales channels to improve profitability[79]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million RMB allocated for potential deals[102].

Financial Performance - The company's operating revenue for Q3 2022 was CNY 2,030,551,584.20, representing a year-on-year increase of 17.58%[4] - The net profit attributable to shareholders for Q3 2022 was CNY 576,544,411.43, up 37.89% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses for Q3 2022 was CNY 545,842,379.01, an increase of 39.74% year-on-year[5] - The basic earnings per share for Q3 2022 was CNY 0.649, reflecting a growth of 37.79% compared to the previous year[5] - The diluted earnings per share for Q3 2022 was CNY 0.639, which is a 37.12% increase year-on-year[5] - Total operating revenue for the first three quarters of 2022 reached ¥5,893,672,580.32, an increase of 8.93% compared to ¥5,409,065,275.26 in the same period of 2021[19] - Net profit for the first three quarters of 2022 was ¥1,593,329,185.71, representing a growth of 25.3% from ¥1,271,486,269.70 in 2021[20] - Earnings per share (EPS) for the first three quarters of 2022 was ¥1.792, compared to ¥1.432 in the same period last year, indicating a 25.2% increase[21] - The company reported a profit before tax of ¥1,857,540,300.56, which is an increase from ¥1,473,047,507.51 in the previous year, representing a growth of 26.1%[20] Assets and Liabilities - The total assets at the end of Q3 2022 amounted to CNY 13,294,210,230.73, representing a 9.59% increase from the end of the previous year[5] - As of September 30, 2022, the total assets of Hubei Jichuan Pharmaceutical Co., Ltd. amounted to CNY 13,294,210,230.73, an increase from CNY 12,131,036,777.90 at the end of 2021[14] - The company's current assets totaled CNY 9,449,791,698.22, up from CNY 8,122,784,414.33 in the previous year, indicating a growth of approximately 16.3%[14] - Total liabilities reached CNY 9,449,791,698.22, compared to CNY 8,122,784,414.33 in the previous year, indicating an increase of approximately 16.3%[15] - The total liabilities increased to ¥3,172,331,799.48 in Q3 2022 from ¥2,999,987,775.25 in Q3 2021, marking a rise of 5.76%[17] - The total equity attributable to shareholders reached ¥10,106,492,092.17, up from ¥9,116,878,404.95, reflecting an increase of 10.87% year-on-year[17] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 2,022,102,729.96, an increase of 26.76% year-on-year[5] - The cash inflow from operating activities for the first three quarters of 2022 was approximately CNY 7.34 billion, an increase of 11.9% compared to CNY 6.55 billion in the same period of 2021[22] - The net cash outflow from investing activities was approximately CNY -2.25 billion in 2022, compared to CNY -118.93 million in 2021, indicating a significant increase in investment expenditures[24] - The net cash outflow from financing activities was approximately CNY -508.37 million in 2022, compared to CNY -350.09 million in 2021, reflecting increased financial obligations[25] - The total cash and cash equivalents at the end of Q3 2022 stood at approximately CNY 3.08 billion, down from CNY 4.09 billion at the end of Q3 2021, indicating a decrease of 24.8%[25] - The cash inflow from sales of goods and services for the first three quarters of 2022 was approximately CNY 6.75 billion, up from CNY 6.21 billion in the same period of 2021, marking a growth of 8.7%[22] - The cash outflow for payments to employees in the first three quarters of 2022 was approximately CNY 646.32 million, a decrease from CNY 704.54 million in 2021, showing a reduction of 8.2%[24] - The cash inflow from investment activities totaled approximately CNY 3.13 billion in 2022, slightly down from CNY 3.19 billion in 2021, indicating a stable investment return[24] - The cash outflow for purchasing goods and services was approximately CNY 953.36 million in 2022, compared to CNY 719.22 million in 2021, reflecting an increase of 32.5%[22] Research and Development - Research and development expenses for the first three quarters of 2022 amounted to ¥252,530,629.98, compared to ¥220,467,726.46 in 2021, showing a growth of 14.55%[19] Company Outlook - The company attributed the growth in net profit to increased sales performance and effective cost control measures[9] - The company has not provided specific guidance or outlook for future performance in the available data[12]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[9]. - The net profit attributable to shareholders reached 100 million CNY, up 20% compared to the same period last year[9]. - The company's operating revenue for the first half of 2022 was CNY 3,863,120,996.12, representing a 4.92% increase compared to the same period last year[17]. - The net profit attributable to shareholders for the same period was CNY 1,015,569,032.90, reflecting an 18.94% year-over-year growth[17]. - The net cash flow from operating activities increased by 19.61% to CNY 1,465,405,069.46 compared to the previous year[17]. - The basic earnings per share rose to CNY 1.143, an increase of 18.94% from CNY 0.961 in the same period last year[18]. - The company achieved operating revenue of 3,863.12 million yuan, an increase of 4.92% year-on-year[25]. - The total comprehensive income for the period reached CNY 1,015,996,282.39, compared to CNY 853,845,345.49 in the same period of the previous year, representing an increase of approximately 19%[101]. - The company reported a net loss of CNY 604,029,771.00 for the first half of 2022, reflecting a challenging financial environment[112]. Market Expansion and Product Development - The company has expanded its user base by 10% in the first half of 2022, reaching a total of 1 million active users[9]. - The company plans to launch three new products in the second half of 2022, focusing on innovative drug formulations[9]. - The company is exploring market expansion opportunities in Southeast Asia, targeting a 25% increase in market share by 2023[9]. - The company is actively expanding its product portfolio through new product development and secondary development of existing key varieties[24]. - New product development includes the introduction of three innovative drug formulations, expected to contribute an additional 300 million CNY in revenue by the end of the fiscal year[72]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[72]. Research and Development - The company is investing 50 million CNY in research and development for new technologies aimed at improving production efficiency[9]. - The company has 3 projects in the consistency evaluation research phase and 11 projects submitted for production approval[25]. - Research and development expenses increased by 18.64% to CNY 173.24 million, up from CNY 146.02 million in the previous year[27]. - The company is committed to improving its research and development capabilities to enhance product competitiveness and quality standards[36]. Financial Management and Investments - The company has made no significant non-operating fund occupation by controlling shareholders or related parties during the reporting period[3]. - The company has committed to maintaining financial independence, ensuring that no funds are misappropriated from the company for non-operational purposes[71]. - The company has not disclosed any significant related party transactions during the reporting period[75]. - The company has not reported any significant changes in its investment or financial activities[75]. - The company issued a total of RMB 843.16 million in convertible bonds, with a conversion period from May 17, 2018, to June 30, 2022, and a total of RMB 212.98 million has been converted into shares, representing 0.66% of the total shares before conversion[85]. Environmental Responsibility - The company has been listed as a key pollutant discharge unit by the local environmental protection department, with significant pollutants including wastewater and waste gas[44]. - The average concentration of wastewater discharged in the first half of 2022 was 84.6 mg/L, well below the permitted concentration of 500 mg/L[45]. - The company is actively monitoring its environmental impact and has implemented measures to comply with regulatory standards[44]. - The company has established emergency response plans for environmental incidents, with annual drills conducted to enhance preparedness[57]. - The company emphasizes the importance of low-carbon operations, encouraging employees to adopt sustainable practices in daily activities[64]. Corporate Governance and Management Changes - The company appointed a new CFO, Pan Liuyan, effective from April 15, 2022, following the resignation of the previous CFO, Yan Hongquan[41]. - The company has undergone changes in senior management, with new appointments for several vice general manager positions[41]. - The controlling shareholder has made commitments to uphold the company's independence and avoid any conflicts of interest with related parties[70]. Risk Management - The company has identified potential risks related to regulatory changes that may impact future operations[4]. - The company is facing potential risks from policy changes, particularly regarding the inclusion of products in the national medical insurance directory, which could impact revenue[36]. - The company acknowledges the challenges of scaling its management systems to support its growth and is focused on enhancing its organizational structure and internal controls[37]. Community Engagement - The company donated approximately 1.8 million RMB worth of medical supplies to support pandemic prevention efforts, alongside a donation of nearly 700,000 RMB in protective materials[65]. - The company has committed to reducing carbon emissions through initiatives such as resource recycling and the use of energy-efficient equipment in production and office areas[64]. - The company has established a long-term assistance mechanism for poverty alleviation, focusing on housing, education, and healthcare improvements in targeted villages[65].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 2,173,660,458.16, representing a year-on-year increase of 13.43%[4] - Net profit attributable to shareholders was RMB 581,188,981.63, up 32.36% compared to the same period last year[4] - Basic earnings per share rose to RMB 0.654, reflecting a growth of 32.39% year-on-year[4] - The total operating revenue for the first quarter of 2022 was approximately CNY 2.17 billion, an increase from CNY 1.92 billion in the same period last year, representing a growth of about 13.4%[17] - The net profit for the first quarter of 2022 was approximately CNY 581.46 million, compared to CNY 439.10 million in the previous year, marking an increase of about 32.4%[19] - The basic earnings per share for the first quarter of 2022 was CNY 0.654, up from CNY 0.494 in the same quarter of the previous year, indicating a growth of approximately 32.4%[20] - The company achieved an operating profit of approximately CNY 610.47 million, up from CNY 494.89 million, reflecting a growth of about 23.3%[17] Cash Flow - The net cash flow from operating activities increased by 38.11% to RMB 1,006,008,812.50, driven by increased sales recovery[4] - Cash inflows from operating activities totaled approximately CNY 2.92 billion, compared to CNY 2.34 billion in the previous year, representing an increase of about 25.4%[21] - The cash outflows from operating activities were approximately CNY 1.92 billion, up from CNY 1.61 billion, reflecting an increase of about 19.3%[21] - The net cash flow from operating activities for Hubei Jichuan Pharmaceutical Co., Ltd. was 1,006,008,812.50 CNY in Q1 2022, compared to 728,435,343.48 CNY in the same period last year, indicating a significant increase[22] - The total cash flow for the period was negatively impacted by 940,260,104.38 CNY, contrasting with a positive increase of 691,671,145.49 CNY in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were RMB 12,863,222,727.13, an increase of 6.04% from the end of the previous year[5] - The total current assets as of March 31, 2022, amounted to RMB 8,868,108,412.42, up from RMB 8,122,784,414.33 at the end of December 2021, reflecting a growth of 9.2%[13] - The total liabilities increased to RMB 3,150,635,283.68 from RMB 2,999,987,775.25, representing a rise of 5.0%[15] - The company's equity attributable to shareholders rose to RMB 9,698,141,060.99 from RMB 9,116,878,404.95, reflecting an increase of 6.4%[15] Investments and Financial Assets - The company experienced a 109.25% increase in trading financial assets due to increased investments in financial products[8] - The net cash flow from investing activities was -1,945,146,440.65 CNY in Q1 2022, a substantial decline from -36,734,634.69 CNY in Q1 2021, reflecting increased investment expenditures[22] - Cash outflows from investing activities totaled 1,945,204,016.11 CNY in Q1 2022, compared to 821,420,318.95 CNY in Q1 2021, showing a rise of approximately 136%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 53,432[9] - Jiangsu Jichuan Holding Group Co., Ltd. held 46.92% of the shares, making it the largest shareholder[10] Other Income and Expenses - The company reported a significant increase in government subsidies, contributing to other operating income rising by 664.74%[8] - The company reported a significant increase in other income, which rose to approximately CNY 80.38 million from CNY 10.51 million, indicating a substantial growth in non-operating income[17] - Research and development expenses for the first quarter were approximately CNY 94.43 million, compared to CNY 78.53 million in the previous year, showing an increase of about 20.2%[17] - The tax expenses for the first quarter were approximately CNY 101.92 million, compared to CNY 66.11 million in the previous year, indicating an increase of about 54.1%[19] Accounting and Reporting - The company has not adopted the new accounting standards for the current year, which may affect future financial reporting and analysis[23] - The company has not disclosed any new product launches or technological advancements in the current report[12]

Financial Performance - The company's operating revenue for 2021 was CNY 7,630,510,000.18, representing a 23.77% increase compared to CNY 6,164,974,167.54 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 1,719,175,931.11, a 34.60% increase from CNY 1,277,212,486.54 in 2020[18]. - The basic earnings per share for 2021 was CNY 1.94, up 26.80% from CNY 1.53 in 2020[20]. - The company's total assets at the end of 2021 were CNY 12,131,036,777.90[19]. - The net cash flow from operating activities for 2021 was CNY 1,894,329,392.98, a 6.32% increase from CNY 1,781,691,163.33 in 2020[18]. - The company's net assets attributable to shareholders increased by 17.44% to CNY 9,116,878,404.95 at the end of 2021[18]. - The diluted earnings per share for 2021 was CNY 1.91, reflecting a 24.84% increase from CNY 1.53 in 2020[20]. - The weighted average return on equity for 2021 was 20.46%, an increase of 0.57 percentage points from 19.89% in 2020[20]. - The quarterly operating revenue for Q4 2021 was CNY 2,221,444,724.92[21]. - The net profit attributable to shareholders for Q4 2021 was CNY 447,204,183.33[21]. Dividend and Profit Distribution - The profit distribution plan for 2021 proposes a cash dividend of 6.80 CNY per 10 shares, totaling approximately 604 million CNY (including tax) based on the total share capital of 888,276,131 shares as of March 31, 2022[3]. - The company distributed a cash dividend of 0.45 CNY per share, totaling 399,716,086.05 CNY for the 2020 fiscal year[116]. - The company has a cash dividend policy that stipulates a minimum of 30% of the average distributable profit over the last three years should be distributed as cash dividends[116]. Corporate Governance - The company has received a standard unqualified audit report from Lixin Certified Public Accountants, ensuring the authenticity and completeness of the financial report[2]. - The board of directors and supervisory board members have all attended the board meeting, ensuring proper governance[2]. - The company ensures that all shareholders, especially minority shareholders, can fully exercise their voting rights during meetings[85]. - The company has established a designated board secretary responsible for information disclosure and investor relations management, ensuring timely and accurate information dissemination[85]. - The company strictly adheres to the requirements of the Company Law, Securities Law, and the Corporate Governance Guidelines, ensuring compliance with regulatory standards[85]. Risk Management - There are no significant risks that could materially affect the company's operations during the reporting period[5]. - The company has confirmed that there are no non-operational fund occupations by controlling shareholders or related parties[4]. - The company has not violated decision-making procedures in providing guarantees to external parties[4]. - The company has outlined potential risks that may adversely affect its future development strategies and operational goals[5]. - The report includes a forward-looking statement risk declaration, indicating that future plans do not constitute a substantive commitment to investors[4]. Research and Development - The company’s R&D expenses surged by 114.74%, amounting to RMB 523.44 million, indicating a strong commitment to innovation[34]. - The company is committed to increasing R&D investment to enrich its product line and enhance operational performance[26]. - The company is focused on the research and development of generic drugs with clinical advantages to gain product competitiveness[26]. - The company has established a research team for traditional Chinese medicine formula granules and is actively participating in quality standard formulation[27]. - The company’s R&D investment accounted for 7.14% of total revenue, with capitalized R&D expenses making up 3.89% of the total[48]. Market and Product Development - The company entered into 4 product introduction or cooperation agreements to enhance its product line[24]. - A strategic cooperation agreement was signed with Tianjing Biotechnology for the development and commercialization of long-acting recombinant human growth hormone, with an initial payment of CNY 224 million[24]. - The company achieved a total operating revenue of RMB 7,630.51 million, representing a year-on-year growth of 23.77%[34]. - The company is focusing on digital marketing and e-commerce to expand its sales channels[24]. - The company plans to deepen marketing management and optimize sales channels to improve sustainable development and profitability[26]. Environmental Compliance - The company is listed as a key pollutant discharge unit, with major pollutants including COD and ammonia nitrogen, and has reported compliance with discharge limits[124]. - The company’s wastewater discharge includes a total of one discharge outlet, with specific monitoring data indicating compliance with environmental standards[124]. - The company has implemented proper disposal of solid waste generated during production, ensuring compliance with regulations[128]. - The wastewater treatment facility has a design capacity of 4,500 tons/day for general wastewater and 600 tons/day for raw material wastewater, ensuring compliance with discharge standards[133]. - The company has established a comprehensive pollution prevention facility that operates effectively, ensuring all emissions meet the required standards[133]. Shareholder Structure and Changes - The total number of common shareholders as of the end of the reporting period is 55,196, an increase from 53,432 at the end of the previous month[177]. - Jiangsu Jichuan Holding Group Co., Ltd. holds 416,757,360 shares, representing 46.92% of total shares, while Tibet Jichuan Investment Management Co., Ltd. holds 100,000,000 shares, representing 11.26%[178]. - The top three shareholders include Jiangsu Jichuan Holding Group Co., Ltd., Tibet Jichuan Investment Management Co., Ltd., and Cao Longxiang, with Cao holding 46,838,458 shares, or 5.27%[178]. - The company’s shareholder structure saw significant changes with the release of limited sale shares, impacting the overall share distribution[176]. - The company’s ordinary shares now consist entirely of unrestricted circulating shares following the release of limited sale shares[176]. Financial Management - The total amount of entrusted financial management using raised funds reached CNY 1,257,990,000, with an unexpired balance of CNY 1,115,000,000 as of December 31, 2021[160]. - The company has invested CNY 560,000,000 of its own funds in entrusted financial management, with the entire amount still unexpired[160]. - The annualized return rate for various financial products ranges from 3.05% to 3.80%[164]. - The company reported an investment income of 48.72 million yuan (including tax) from entrusted financial management as of December 31, 2021[167]. - The company has not recognized any impairment provisions for entrusted loans or financial products[169].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,726,923,749.29, representing a year-on-year increase of 26.73%[4] - The net profit attributable to shareholders for Q3 2021 was ¥418,126,402.29, reflecting a significant increase of 52.16% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥390,607,833.15, up by 49.73% year-on-year[5] - Basic earnings per share for Q3 2021 were ¥0.471, an increase of 39.76% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached CNY 5,409,065,275.26, an increase of 25.4% compared to CNY 4,313,924,133.07 in the same period of 2020[19] - The net profit attributable to shareholders for the first three quarters of 2021 was CNY 4,822,290,155.24, compared to CNY 3,950,034,493.51 in 2020[18] - The net profit for the third quarter of 2021 was CNY 1,271,486,269.70, an increase of 32.4% compared to CNY 959,544,959.15 in the same period of 2020[21] - The total profit for the third quarter was CNY 1,473,047,507.51, up from CNY 1,112,072,115.97, reflecting a growth of 32.5% year-over-year[21] - The operating profit reached CNY 1,460,163,839.33, compared to CNY 1,095,371,896.98 in the previous year, marking a 33.3% increase[21] - Basic earnings per share for the third quarter were CNY 1.432, up from CNY 1.177, indicating a 21.6% increase[21] - The total comprehensive income for the third quarter was CNY 1,271,486,269.70, compared to CNY 959,544,959.15, reflecting a growth of 32.4%[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥11,464,670,298.49, which is a 9.02% increase from the end of the previous year[5] - The company's total liabilities were CNY 2,779,676,295.39, slightly up from CNY 2,752,651,384.65 in the previous year[16] - Total assets increased to CNY 11,464,670,298.49 as of September 30, 2021, compared to CNY 10,515,832,622.85 at the end of 2020[18] - Total liabilities were reported at RMB 2,752,651,384.65, with current liabilities at RMB 1,967,009,962.34[27] - Shareholders' equity totaled RMB 7,763,181,238.20, reflecting the company's strong capital position[28] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥1,595,160,443.44, showing an increase of 11.74% compared to the same period last year[5] - Cash flow from operating activities amounted to CNY 6,554,177,304.81, compared to CNY 5,418,145,966.76, representing a growth of 20.9%[22] - The company reported cash flow from investing activities of CNY 3,189,141,293.97, significantly higher than CNY 471,916,250.25 in the previous year[22] - The net cash flow from financing activities was negative at CNY -350,090,313.55, compared to a positive CNY 382,320,542.42 in the same quarter of 2020[23] - The cash and cash equivalents at the end of the period totaled CNY 4,085,296,933.46, an increase from CNY 3,857,176,213.45 at the end of the previous year[23] Costs and Expenses - Total operating costs for the same period were CNY 4,030,866,884.23, up 24.0% from CNY 3,248,952,251.35 in 2020[19] - Research and development expenses amounted to CNY 220,467,726.46, representing an increase of 20.5% from CNY 182,905,324.00 in the previous year[19] Company Strategy and Outlook - The company reported a significant increase in sales performance and effective cost control as the main reasons for profit growth[8] - The company has not disclosed any new product developments or market expansion strategies in this report[3] - The report indicates a stable financial outlook with a focus on maintaining asset growth and managing liabilities effectively[28]