Financial Performance - The company's operating income for 2013 was RMB 6,974,211,654.53, representing a 9.99% increase compared to RMB 6,340,883,649.76 in 2012[21] - Net profit attributable to shareholders of the company decreased by 83.79% to RMB 16,623,782.76 in 2013 from RMB 102,542,136.82 in 2012[21] - The net cash flow from operating activities was RMB 580,026,390.02, down 9.98% from RMB 644,308,830.14 in the previous year[21] - Basic earnings per share dropped by 83.77% to RMB 0.0144 in 2013, compared to RMB 0.0887 in 2012[22] - The total assets of the company decreased by 5.48% to RMB 5,992,581,029.65 at the end of 2013 from RMB 6,340,132,786.82 at the end of 2012[21] - The company's net profit after non-recurring profit and loss was RMB -139,868,977.14 in 2013, a significant decline from RMB 65,211,838.90 in 2012[21] - The net profit for 2013 was RMB 25,322,727.54, a decrease of 77.22% from RMB 111,165,869.88 in 2012[44] - The total composite income attributed to owners of the parent company decreased from RMB 99,671,920.69 to RMB 18,036,433.00, a drop of about 81.9%[165] - The company's total comprehensive income for the current period is RMB 108,295,653.75, which includes net profit and other composite income[179] Revenue and Sales - Total revenue for 2013 was RMB 22,847,427,427.14, a 125% increase compared to RMB 10,154,531,970 from the previous year[35] - The total operating income for the main business reached RMB 6,895,862,429.95, reflecting a year-on-year increase of 6.87%[54] - The sales volume of polyvinyl chloride resin decreased by 26.89% to 15.47 thousand tons, primarily due to rising ethylene prices and significant gross profit losses[32] - The total sales amount to the top 5 customers was RMB 2,366,618,471.01, accounting for 33.93% of total sales[32] Costs and Expenses - The operating cost increased by 11.29% to RMB 6,344,195,298.75[31] - Selling costs increased by 27.00% to RMB 193,012,461.43, primarily due to higher freight and dock dredging expenses[38] - Research and development expenditure was RMB 42,071,822.11, down 11.41% from the previous year[31] Investments and Assets - The company's long-term equity investment increased by 15.75% year-on-year, reaching a closing balance of RMB 44,785,200[59] - The company liquidated its equity interest in Polymer Molecular company, generating an investment income of RMB 70,000,000 to support its economic performance[50] - The company received a government subsidy of RMB 101,310,000 to support energy-saving and emission reduction efforts[47] Strategic Focus and Future Plans - The company is focusing on transformation through innovation and upgrading to overcome industry challenges[30] - The company plans to carry forward undistributed profits to the next year[4] - The company plans to increase its production capacity of sodium hydroxide by 5,000,000 tons in 2014, with an expected net increase in production capacity of 1,500,000 to 2,000,000 tons[66] - The company aims to enhance its industrial chain in the Shanghai Chemical Industry Park, focusing on the expansion of the polyurethane industry and improving integration value[70] - The company plans to achieve an income of RMB 7.3 billion and a gross profit of RMB 1.3 million for the upcoming year[76] Corporate Governance and Compliance - The Company maintained effective internal control over financial reporting, with no significant deficiencies identified as of December 31, 2013[149] - The annual financial report was audited by Shanghai Shu Lun Pan CPA Ltd., which issued a standard unqualified opinion on the financial statements[153] - The Company reported no influence on its operating results and financial status from related creditor's rights and debts[98] - The Company reported no significant lawsuits or bankruptcy events during the year, indicating stable operational conditions[88] Shareholder Information - The total number of shareholders at the end of the reporting period was 109,379, an increase from 108,086 five days prior to the report[106] - The top 10 shareholders with no limited sales conditions collectively hold 596,000,000 shares, with Shanghai Huayi (Group) Company being the largest[106] - The company has no other legal person shareholders holding over 10% of shares as of the end of the reporting period[108] Employee and Training Information - The total number of in-service employees at Shanghai Chlor-Alkali Chemical Co., Ltd. is 2,092, with an additional 478 in its main subsidiaries, bringing the total to 2,570[134] - The company conducted 14,894 man-times of training in 2013, with 10,257 man-times (68.87%) for front-line employees[136] Risk Factors - The company recognizes risks from a depressed market and rising raw material costs, which account for approximately 70% of production costs[81]