Financial Performance - The company's operating revenue for the first half of 2022 was CNY 181,997,507.40, a decrease of 3.06% compared to CNY 187,740,119.67 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was CNY 17,737,521.09, down 62.05% from CNY 46,745,320.85 in the previous year[19]. - The net cash flow from operating activities was CNY 509,867.94, a significant decline of 98.7% compared to CNY 39,119,746.22 in the same period last year[19]. - The total assets at the end of the reporting period were CNY 567,121,842.12, a slight decrease of 0.4% from CNY 569,415,236.75 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 9.06% to CNY 263,892,882.37 from CNY 241,960,819.49 at the end of the previous year[19]. - Basic earnings per share for the first half of 2022 were CNY 0.0508, down 62.07% from CNY 0.1339 in the same period last year[21]. - The weighted average return on net assets decreased to 7.07%, down 18.16 percentage points from 25.23% in the previous year[21]. Revenue and Sales - Limestone sales revenue amounted to 98.771 million, down 16.99% year-on-year, while calcium oxide sales revenue increased by 20.22% to 73.2174 million[29]. - The company achieved a total operating revenue of 181.9975 million, a decrease of 3.06% compared to the same period last year[29]. - The company reported a significant increase in cash paid for purchasing goods and services, amounting to CNY 61,625,825.06, compared to CNY 25,460,944.62 in the previous year[140]. Operational Developments - The company is advancing the construction of a 5G smart mining project and upgrading green mining vehicles, leveraging advanced technologies such as AI and industrial internet[28]. - The company has completed the limestone mining capacity expansion project with an annual output of 8 million tons, enhancing its competitive advantage in the market[26]. - The company is planning to develop a comprehensive utilization project for waste stone with an annual output of 5 million tons of building materials[25]. - The company has established a logistics park to optimize transportation costs and expand sales and procurement radius, enhancing product competitiveness[27]. Environmental and Regulatory Compliance - The company is classified as a key air pollution monitoring unit, with its main pollutants being monitored under environmental regulations[71]. - The company has invested 6 million yuan in a dust removal process improvement plan to address the issue of instantaneous exceedance of dust concentration during the calcium oxide tail gas emission process[73]. - The company has completed environmental impact assessments for all construction projects, ensuring simultaneous design and construction of environmental protection facilities[74]. - The company has achieved compliance with environmental standards for all major projects, with successful environmental acceptance inspections conducted by local environmental authorities[75]. Financial Risks and Liabilities - The company reported a net loss of CNY 461,646,272.40, a decrease of 3.7% compared to the previous period[39]. - The total liabilities decreased by 7.31% to CNY 301,896,250.78, indicating a reduction in financial obligations[39]. - Financial risks are present due to reliance on borrowing for business development, with increasing debt levels potentially raising financial costs[62]. Shareholder and Capital Management - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the reporting period[4]. - The company plans to distribute no less than 30% of the average distributable profit over the next three years in cash[94]. - The company can adopt stock dividends for profit distribution based on actual operating conditions[94]. Subsidiaries and Acquisitions - The company acquired a 51% stake in Sichuan Chengjing Shengtian Construction Engineering Co., Ltd. for RMB 1, making it a subsidiary[51]. - The company completed a business split of its wholly-owned subsidiary Shun Cai Mining, creating new subsidiaries for limestone processing and calcium oxide production[52]. - The company raised its stake in Kaimu Information to 40% through a capital increase, making it a controlling subsidiary[53]. Legal and Compliance Issues - The company has received a court ruling rejecting all claims from a lawsuit filed against it[96]. - The company has frozen bank deposits amounting to RMB 6,642,207.21 due to a court order[96]. - The company is committed to maintaining independence and avoiding illegal occupation of funds from its subsidiaries[96]. Future Outlook and Strategic Initiatives - The management provided a positive outlook for the second half of 2022, expecting a recovery in revenue growth driven by new market initiatives[161]. - The company is focusing on market expansion and new product development as part of its strategic initiatives, although specific details were not disclosed in the financial report[133]. - The company is focusing on enhancing its technological capabilities to drive future growth[149].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 81,558,480.69, representing an increase of 8.39% compared to the same period last year[5]. - The net profit attributable to shareholders decreased by 58.64% to CNY 8,470,419.11[5]. - The basic earnings per share for the period was CNY 0.0243, down by 58.60% year-on-year[6]. - The weighted average return on equity decreased by 8.47 percentage points to 3.44%[6]. - The company reported total operating revenue of CNY 81,558,480.69 for Q1 2022, an increase of 8.5% compared to CNY 75,245,222.66 in Q1 2021[25]. - Total operating costs for Q1 2022 were CNY 73,310,930.25, up 30.3% from CNY 56,246,361.48 in Q1 2021[25]. - The company's net loss for Q1 2022 was CNY 6,195.20, compared to a loss of CNY 26,004.54 in Q1 2021, indicating an improvement in investment performance[25]. - The net profit for Q1 2022 was CNY 8,256,615.27, a decrease of 60% compared to CNY 20,621,951.48 in Q1 2021[26]. - Operating profit for Q1 2022 was CNY 8,482,154.86, down from CNY 25,942,716.27 in the same period last year, reflecting a decline of approximately 67%[26]. - The total comprehensive income for Q1 2022 was CNY 8,256,615.27, a decrease of 60% compared to CNY 20,621,951.48 in Q1 2021[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 580,093,037.48, an increase of 1.88% from the end of the previous year[6]. - As of March 31, 2022, total assets amounted to CNY 580,093,037.48, a slight increase from CNY 569,415,236.75 at the end of 2021[24]. - The company’s total liabilities were CNY 325,915,835.50, slightly up from CNY 325,713,964.11 at the end of 2021[23]. - Non-current assets totaled CNY 511,929,879.26, an increase from CNY 502,638,791.11 at the end of 2021, indicating ongoing investment in long-term assets[22]. Cash Flow - Cash flow from operating activities decreased by 22.89% to CNY 10,968,872.78[5]. - Cash flow from operating activities for Q1 2022 was CNY 10,968,872.78, compared to CNY 14,225,254.19 in Q1 2021, indicating a decrease of about 23%[29]. - The net cash flow from investing activities for Q1 2022 was -CNY 10,029,240.56, compared to -CNY 5,110,781.45 in Q1 2021, indicating a worsening of investment cash flow[29]. - The net cash flow from financing activities for Q1 2022 was -CNY 830,500.02, an improvement from -CNY 4,332,500.00 in Q1 2021[29]. - Cash and cash equivalents at the end of Q1 2022 amounted to CNY 16,221,196.78, down from CNY 21,658,278.86 at the end of Q1 2021[29]. - The company's cash and cash equivalents stood at CNY 33,909,996.78, compared to CNY 33,455,213.26 at the end of 2021[21]. Operational Costs and Expenses - The company experienced a 33.84% increase in operating costs, primarily due to rising coal prices[10]. - Management expenses rose by 30.87%, mainly due to increased salaries and social security contributions[11]. - The company reported a significant decrease in investment income by 76.18%, attributed to reduced losses from associated companies[11]. - The company reported a decrease in tax expenses to CNY 14,185.35 in Q1 2022 from CNY 5,318,556.97 in Q1 2021, reflecting a significant reduction in tax liabilities[26]. Subsidiary and Guarantees - The company’s subsidiary, Sichuan Jinding Shun Mining Co., Ltd., has a loan principal balance of RMB 99,917,964.78 owed to Hailiang Metal Trading Group Co., Ltd., with Sichuan Jinding providing a guarantee for this loan[15]. - The company’s subsidiary has additional loans totaling RMB 40 million from Sichuan Emei Mountain Rural Commercial Bank and RMB 10 million from Leshan Sanjiang Rural Commercial Bank, with guarantees provided by Sichuan Jinding[16]. - As of the end of the reporting period, the total guarantee amount provided by Sichuan Jinding for the subsidiary's loans is RMB 156,002,909.30[16]. Shareholder and Legal Issues - The company’s major shareholder, Shenzhen Pusu Zhichun Investment Enterprise (Limited Partnership), has had its shares subject to judicial freezing[17]. - The company has received a final judgment from the Beijing High Court regarding a contract dispute involving its major shareholder, which dismissed all claims against the company[19]. - The company’s major shareholder has also faced additional judicial actions resulting in the freezing of shares, which were reported in various announcements[18]. - The company has disclosed its financial obligations and guarantees in multiple public announcements, ensuring transparency for investors[15][16]. - The company’s financial reports indicate a focus on managing debt and ensuring compliance with regulatory requirements related to shareholder actions[19]. - The company is actively monitoring its financial commitments and the implications of shareholder legal issues on its operations[19]. - The company emphasizes the importance of these financial disclosures for maintaining investor confidence and market integrity[15][19]. Inventory and Receivables - Accounts receivable decreased to CNY 2,982,750.98 from CNY 3,163,197.82 at the end of 2021, reflecting improved collection efforts[21]. - Inventory levels decreased significantly to CNY 5,795,009.01 from CNY 10,754,541.31, indicating better inventory management[22].

Financial Performance - The company's operating revenue for 2021 was CNY 373,009,528.90, representing a 43.69% increase compared to CNY 259,590,285.23 in 2020[20] - Net profit attributable to shareholders for 2021 was CNY 67,784,777.24, a 77.28% increase from CNY 38,235,796.62 in 2020[20] - The basic earnings per share for 2021 was CNY 0.1942, up 77.19% from CNY 0.1096 in 2020[22] - The total assets at the end of 2021 were CNY 569,415,236.75, a 15.19% increase from CNY 494,339,948.56 at the end of 2020[21] - The company's cash flow from operating activities for 2021 was CNY 91,374,074.59, a decrease of 12.19% compared to CNY 104,056,447.03 in 2020[20] - The weighted average return on equity for 2021 was 34.62%, an increase of 7.41 percentage points from 27.21% in 2020[22] - The net profit after deducting non-recurring gains and losses for 2021 was CNY 62,027,129.14, which is a 106.31% increase from CNY 30,065,188.95 in 2020[20] - The total equity attributable to shareholders at the end of 2021 was CNY 241,960,819.49, a 49.45% increase from CNY 161,899,244.88 at the end of 2020[21] - The diluted earnings per share for 2021 was also CNY 0.1942, consistent with the basic earnings per share[22] Revenue Sources - Sales revenue from limestone reached 225.40 million RMB, up 53.40% year-on-year[29] - Sales revenue from calcium oxide amounted to 126.69 million RMB, reflecting an 18.93% increase year-on-year[29] - The company achieved total sales of 6.9314 million tons, an increase of 2.1529 million tons, representing a growth rate of 45.06% year-on-year[36] - The logistics sector saw a revenue increase of 56.86%, totaling CNY 16,845,978.42, with a gross profit margin increase of 11.51 percentage points[41] Production and Operations - The company completed limestone mining of 7.2434 million tons during the reporting period, an increase of 2.2334 million tons, representing a growth rate of 44.58% year-on-year[32] - The total production of calcium oxide reached 384,400 tons, an increase of 26,200 tons, with a growth rate of 7.31% year-on-year[33] - The company’s limestone mining project with an annual capacity of 8 million tons was successfully completed, which is expected to significantly reduce mining costs[34] - The company is advancing a project for comprehensive utilization of waste stone, targeting an annual production of 5 million tons of building materials, which will leverage excess mining capacity[80] Investments and Acquisitions - The company completed the acquisition of a 51% stake in Sichuan Chengjing Shengtian Construction Engineering Co., Ltd. for CNY 1, expanding its control over the subsidiary[48] - The company acquired 49% of Luoyang Dingding Agricultural Industry Development Group Co., Ltd. for 0 RMB, making it a wholly-owned subsidiary[67] - The company has a budget of 148 million RMB for a project to produce 250,000 tons of lightweight and nano calcium carbonate products, with only 1.07% of the budget utilized so far[71] Financial Management - The company did not propose any profit distribution or capital reserve transfer to increase share capital for the year[4] - The company has established a three-year shareholder return plan for 2019-2021, which has been approved by the board of directors[126] - The company plans to distribute at least 30% of the average distributable profits over the next three years in cash, provided that the net profit attributable to shareholders is positive and there are no major investment plans or cash expenditures[156] Governance and Compliance - The company held 6 shareholder meetings during the reporting period, ensuring fairness and transparency in decision-making[91] - The board of directors consists of 7 members, including 3 independent directors, ensuring a balanced and professional composition[93] - The company has established a sound internal risk control system, aligning with regulatory requirements[91] - The company has implemented a system for insider information management, ensuring compliance with regulations[95] Environmental Responsibility - The company is committed to environmental sustainability, adhering to government regulations on mine reclamation and green initiatives[77] - The company has completed environmental impact assessments for all construction projects, ensuring compliance with environmental protection regulations[136] - The company achieved an annual production capacity of 800,000 tons for its calcium oxide production line, which was completed and awaiting acceptance by the provincial environmental protection department[139] Legal Matters - The company received an arbitration notice from the China International Economic Trade Arbitration Commission regarding a dispute related to a joint venture contract, case number V20160288, on March 28, 2016[160] - The company faced a bank deposit freeze of 5,392,492 yuan due to a legal dispute with Duralite Engineering Limited[161] - The company is currently in the process of resolving the legal matters with Duralite Engineering Limited[161] Shareholder Relations - The total number of ordinary shareholders at the end of the reporting period is 46,091, down from 55,350 at the end of the previous month[189] - The largest shareholder, Shenzhen Pusuzhichun Investment Enterprise (Limited Partnership), holds 71,553,484 shares, representing 20.50% of the total shares[191] - The company has not implemented any share buyback during the reporting period[200]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 87,807,098.90, representing a year-on-year increase of 39.05%[3] - The net profit attributable to shareholders for Q3 2021 was CNY 12,449,903.99, reflecting a year-on-year increase of 35.52%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 12,663,722.45, up 37.27% year-on-year[3] - The net profit for Q3 2021 was CNY 60,219,480.63, an increase from CNY 36,266,467.23 in Q3 2020, representing a growth of 66.1%[27] - The total profit for Q3 2021 was CNY 82,628,318.57, an increase from CNY 47,887,871.00 in Q3 2020, representing a growth of 72.6%[28] - The basic earnings per share for Q3 2021 was CNY 0.0357, an increase of 35.74% compared to the same period last year[4] - The diluted earnings per share for Q3 2021 was also CNY 0.0357, reflecting a 35.74% increase year-on-year[4] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.1696, up from CNY 0.1036 in Q3 2020, reflecting a 63.6% increase[29] - Operating profit for Q3 2021 was CNY 82,968,729.17, compared to CNY 47,949,607.58 in Q3 2020, marking a growth of 73.0%[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 596,667,844.96, an increase of 20.70% compared to the end of the previous year[4] - The total liabilities as of September 30, 2021, were RMB 363,771,289.63, up from RMB 331,101,713.75 at the end of 2020, reflecting an increase of approximately 9.9%[25] - The company's non-current assets totaled RMB 481,251,427.63 as of September 30, 2021, compared to RMB 414,742,204.34 at the end of 2020, representing an increase of about 16%[24] - The total equity attributable to the parent company was RMB 230,533,309.61 as of September 30, 2021, up from RMB 161,899,244.88 at the end of 2020, indicating a growth of approximately 42.4%[25] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 33,540,939.03, with a significant decrease of 255.07% in the current quarter[4] - The cash flow from operating activities for the first three quarters of 2021 was CNY 33,540,939.03, slightly up from CNY 33,324,984.54 in the same period of 2020, showing a marginal increase of 0.65%[30] - The company reported a net cash inflow from operating activities of CNY 196,954,513.73 for the first three quarters of 2021, compared to CNY 149,397,541.09 in the same period of 2020, reflecting a growth of 31.7%[30] - The net cash flow from investment activities was -24,232,090.59 RMB, indicating a significant outflow compared to the previous period's -14,074,845.42 RMB[31] - Cash inflow from financing activities totaled 33,500,000.00 RMB, while cash outflow was 27,485,576.07 RMB, resulting in a net cash flow of 6,014,423.93 RMB[31] Shareholder Information - Total number of common shareholders at the end of the reporting period is 48,080[11] - The largest shareholder, Shenzhen Pusuzhichun Investment Enterprise, holds 71,553,484 shares, accounting for 20.50% of total shares[11] - The second largest shareholder, Shanghai Aiton Material Sales Co., Ltd., holds 8,000,000 shares, representing 2.29%[11] - The third largest shareholder, Shanghai Jinhui Precious Metals Co., Ltd., holds 6,449,500 shares, which is 1.85%[11] - The company has no preferred shares with restored voting rights at the end of the reporting period[11] - The top ten shareholders do not have any associated relationships or concerted actions among them[12] Legal Matters - The company has received multiple arbitration notifications related to a dispute with Duralite Engineering Limited[13] - The company is involved in ongoing legal proceedings regarding a claim for a breach of contract amounting to 5 million yuan[14] - The court has ruled to maintain the freezing of 1,402,400 yuan of the company's bank deposits[16] - The company has faced challenges in its legal disputes but continues to pursue its claims through the judicial system[17] Revenue and Costs - The increase in revenue was primarily driven by higher sales volumes and prices of limestone and calcium oxide compared to the previous year[8] - The total revenue for the first three quarters of 2021 reached RMB 275,547,218.57, compared to RMB 179,729,367.98 for the same period in 2020, indicating an increase of about 53.2%[26] - The total operating costs for the first three quarters of 2021 were RMB 199,484,249.58, compared to RMB 138,688,594.81 for the same period in 2020, reflecting an increase of about 43.7%[26] - Sales revenue from goods and services received cash totaled CNY 178,042,504.47 for the first three quarters of 2021, compared to CNY 97,837,572.13 in the same period of 2020, indicating a significant increase of 81.7%[30] Management Expenses - The company incurred tax expenses of CNY 22,408,837.94 in Q3 2021, compared to CNY 11,621,403.77 in Q3 2020, which is an increase of 92.5%[27] - The company’s management expenses increased to CNY 26,472,449.71 in Q3 2021 from CNY 15,299,810.22 in Q3 2020, representing a rise of 73.0%[27]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥187,740,119.67, representing a 61.04% increase compared to ¥116,581,717.56 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was ¥46,745,320.85, a 73.28% increase from ¥26,976,453.80 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥39,803,047.38, which is a 121.32% increase compared to ¥17,984,236.18 in the same period last year[20]. - The net cash flow from operating activities for the first half of 2021 was ¥39,119,746.22, up 31.59% from ¥29,727,449.82 in the previous year[20]. - Basic earnings per share for the first half of 2021 were ¥0.1339, a 73.22% increase from ¥0.0773 in the same period last year[21]. - The diluted earnings per share for the first half of 2021 were also ¥0.1339, reflecting the same growth rate of 73.22% compared to the previous year[21]. - The weighted average return on net assets increased to 25.23% from 20.00%, an increase of 5.23 percentage points[21]. Revenue Sources - Limestone sales revenue reached RMB 118.99 million, representing a year-on-year growth of 75.59%[30]. - The production of active calcium oxide totaled 211,600 tons, an increase of 65,000 tons, or 44.30% year-on-year[27]. - The total limestone extraction volume was 4.08 million tons, an increase of 1.82 million tons, or 80.23% year-on-year[26]. - The logistics park project achieved a cargo throughput of 548,200 tons, an increase of 75,500 tons, or 15.96% year-on-year[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥545,121,177.96, reflecting a 10.27% increase from ¥494,339,948.56 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were ¥216,768,943.27, a 33.89% increase from ¥161,899,244.88 at the end of the previous year[20]. - The total liabilities decreased to CNY 326,374,810.19 from CNY 331,101,713.75, a reduction of 1.6%[125]. - The total amount of guarantees provided by the company, including those to subsidiaries, is RMB 177,388,086.25, which accounts for 81.09% of the company's net assets[105]. Investment and Development - The company is advancing a technical transformation project to increase limestone production capacity to 8 million tons annually, which entered trial production in April 2021[28]. - The company has increased its investment in the 800,000-ton project, leading to a rise in construction in progress by 25.02% to ¥165.22 million[39]. - The company is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[124]. Environmental and Sustainability Efforts - The company has implemented a dust removal process modification plan to address temporary exceedances in emissions during production, ensuring compliance with monitoring standards[67]. - The company achieved a dust removal efficiency rate of over 99% through the use of sealed storage and dust collection systems[75]. - The company has committed to continuous improvement in environmental standards, exceeding national industry benchmarks[75]. - The company established an ecological restoration working group to implement annual vegetation restoration plans, achieving significant results in environmental improvement[76]. Corporate Governance and Shareholder Relations - The company has committed to maintaining independence from its controlling shareholders and avoiding any competition with its own subsidiaries[81]. - The company will not engage in any business activities that may compete with Sichuan Jinding, nor will it provide assistance to any competing entities[84]. - The company acknowledges that any breach of commitments will result in liability for direct and indirect economic losses to Sichuan Jinding[85]. Financial Stability and Future Outlook - The company reported a net loss of CNY 500,423,249.88, an improvement from a loss of CNY 547,168,570.73 in the previous period[125]. - The company plans to continue expanding its market presence and investing in new technologies[157]. - The company has set a future performance guidance aiming for sustained revenue growth in the upcoming quarters[157]. Accounting Policies and Financial Reporting - The company's accounting policies comply with the requirements of the enterprise accounting standards, ensuring a true and complete reflection of its financial status[179]. - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations for the next twelve months[178]. - The company recognizes investment income based on the fair value of equity interests held prior to the acquisition date, with the difference from book value included in current investment income[187].

Financial Performance - Operating revenue surged by 89.21% to ¥75,245,222.66 year-on-year[7] - Net profit attributable to shareholders increased by 501.32% to ¥13,454,631.14 compared to the same period last year[7] - Basic and diluted earnings per share rose by 831.75% to ¥0.0587[8] - The company reported a net non-operating income of ¥7,039,633.80, compared to a loss of ¥28,405.43 in the previous year[11] - In Q1 2021, the company achieved a net profit of 206.22 million, an increase of 816.50% compared to the same period last year[18] - Revenue from sales of goods and services reached 58.14 million, representing an increase of 80.93% year-on-year[19] - The company reported a net loss of CNY 594,381,437.34 for Q1 2021, slightly improved from a loss of CNY 597,918,268.02 in Q1 2020[39] - The total comprehensive income for Q1 2021 was CNY 20,621,951.48, compared to CNY 2,250,066.31 in Q1 2020[45] Cash Flow and Liquidity - Cash flow from operating activities improved significantly, reaching ¥14,225,254.19, compared to a loss of ¥12,000,931.37 in the previous year[7] - Cash received from operating activities increased by 234.33% to 11.68 million, driven by government subsidies[19] - The cash inflow from operating activities in Q1 2021 was CNY 72,260,854.18, compared to CNY 35,630,038.97 in Q1 2020[47] - The net cash flow from operating activities for Q1 2021 was ¥394,869.36, a significant improvement from a net outflow of ¥5,914,105.56 in Q1 2020[49] - Total cash and cash equivalents at the end of Q1 2021 amounted to ¥21,658,278.86, compared to ¥25,659,411.90 at the end of Q1 2020[49] Assets and Liabilities - Total assets increased by 6.15% to ¥524,742,240.41 compared to the end of the previous year[7] - The company’s total assets included a new recognition of right-of-use assets amounting to RMB 8,669,836.00, reflecting the adoption of new leasing standards[16] - The total liabilities decreased by 50.27% in advance receipts, from RMB 10,204,342.35 to RMB 5,074,481.60, due to refunds of uncontracted pre-sale raw ore payments[16] - The total liabilities as of March 31, 2021, amounted to CNY 337,560,342.41, an increase from CNY 331,101,713.75 at the end of 2020[35] - The company’s non-current assets totaled CNY 179,142,291.46 as of March 31, 2021, compared to CNY 173,476,983.16 at the end of 2020[38] Shareholder Information - The total number of shareholders reached 51,162 at the end of the reporting period[12] - The largest shareholder, Shenzhen Pusuzhichun Investment Co., Ltd., holds 20.50% of the shares, with 71,553,484 shares frozen[12] - The company’s major shareholder, Pusuzhichun, has 20.50% of its shares frozen by the Beijing Second Intermediate People's Court, totaling 71,553,484 shares[14] - The company is currently in litigation regarding 35,776,742 shares (10.25% of total shares) that are under provisional freezing by the Shenzhen Intermediate People's Court[14] Government Support and Subsidies - Government subsidies recognized in the current period amounted to ¥7,041,841.62[10] - The company received financial support from its controlling shareholder, with a total amount adjusted to RMB 150 million, and the outstanding loan balance as of the reporting period was RMB 17.43 million[24] Operational Efficiency - Cash and cash equivalents at the end of the period were RMB 35,918,429.84, reflecting a 27.69% increase from RMB 28,129,692.35 at the beginning of the year, mainly due to an increase in advance payments received[16] - Accounts receivable decreased by 38.55%, from RMB 1,737,030.33 to RMB 1,067,490.09, as the subsidiary recovered prior receivables[16] - The company reported a decrease in financial expenses by 44.25%, primarily due to the repayment of loans from Hai Liang Metal[18] - The company recorded a significant increase in management expenses by 69.55%, mainly due to higher wages and hospitality costs[18] Future Outlook - The company anticipates a growth in cumulative net profit compared to the same period last year due to improved downstream industry conditions and increased production capacity[29]

Financial Performance - The company's operating revenue for 2020 was ¥259,590,285.23, a decrease of 12.04% compared to ¥295,122,306.03 in 2019[20] - The net profit attributable to shareholders for 2020 was ¥38,235,796.62, down 2.71% from ¥39,302,096.56 in 2019[20] - The net cash flow from operating activities was ¥104,056,447.03, a decrease of 6.71% compared to ¥111,539,925.73 in 2019[21] - The basic earnings per share for 2020 were ¥0.1096, a decrease of 2.66% from ¥0.1126 in 2019[22] - The weighted average return on net assets for 2020 was 27.21%, a decrease of 17.30 percentage points from 44.51% in 2019[22] - The company reported total operating revenue of 259,959,028.23 yuan, a year-on-year decrease of 3,531,760 yuan, or 12.04%[42] - The net profit attributable to shareholders was 38,235,800 yuan, a year-on-year decline of 106,630 yuan, or 2.71%[40] Assets and Liabilities - The total assets at the end of 2020 were ¥494,339,948.56, an increase of 2.12% from ¥484,069,541.50 at the end of 2019[21] - The total liabilities decreased by 8.40% to CNY 331,101,713.75 from CNY 361,475,542.99[60] - Current liabilities increased by 25.39% to CNY 206,562,307.45 from CNY 164,734,475.51[60] - Long-term payables decreased by 47.85% to CNY 99,917,964.78 from CNY 191,594,775.96[60] - The company reported a net loss of CNY 547,168,570.73, a decrease of 6.53% compared to the previous period[61] - The total equity attributable to shareholders increased by 33.38% to CNY 161,899,244.88 from CNY 121,380,773.14[61] Production and Operations - The company reported a significant increase in limestone mining, achieving a total extraction of 5.01 million tons, representing a year-on-year growth of 80.94 thousand tons, or 19.27%[31] - The total production of calcium oxide reached 358,200 tons, a year-on-year decrease of 3,720 tons, or 9.42%, primarily due to the impact of COVID-19 and continuous rainfall in the region[32] - The logistics business achieved a throughput of 1,055,000 tons, an increase of approximately 5.15% year-on-year[32] - The company completed a total production volume of 5,368,200 tons, an increase of 772,200 tons, or 16.80% year-on-year[41] - The sales volume reached 4,778,500 tons, an increase of 936,800 tons, or 24.38% year-on-year[42] Strategic Initiatives - The company is advancing a technical transformation project aimed at increasing limestone production capacity to 8 million tons annually, alongside a project for comprehensive utilization of waste stone with a target of 5 million tons of building materials[30] - The company is focusing on enhancing its market competitiveness through refined management and operational reforms in response to macroeconomic policy adjustments[31] - The company plans to continue expanding its market presence through new product promotions and customer contracts[59] - The company is developing a modern logistics park to enhance warehousing, loading, and transportation capabilities, benefiting from favorable geographical and economic conditions[78] Risk Management - The company has provided a detailed description of potential risks in its future development in the report[7] - The company is facing significant financial risks due to reliance on loans for traditional business development and the need for further borrowing to achieve strategic goals[86] - The company is committed to addressing risks associated with its projects and enhancing its operational efficiency through strategic adjustments[86] Shareholder and Governance - The company has not proposed any profit distribution or capital reserve transfer for 2020, aligning with its financial situation and sustainable development needs[89] - The company has not distributed dividends in the past three years, with a consistent dividend payout ratio of 0%[90] - The company maintains its independence in personnel, assets, business, finance, and institutions, ensuring no adverse effects from equity changes[92] - The company has established a commitment to market pricing for any related transactions to protect the interests of Sichuan Jinding and its investors[93] Legal and Compliance - The company is currently facing significant litigation and arbitration matters, including a dispute with Duralite Engineering Limited regarding a joint venture contract[102] - The company has been involved in a legal case concerning a breach of contract with a claim amounting to 5 million yuan, which is part of a bankruptcy reorganization plan[103] - The company has been transparent in disclosing its litigation and arbitration matters through announcements in major financial publications[102] Environmental and Social Responsibility - The company has made donations totaling RMB 46.52 million for poverty alleviation efforts in Emeishan City, including road expansion and rural revitalization projects[122][123] - The company operates six dust collectors and six automatic online monitoring systems, achieving over 99.88% data upload rate[125] - The company has successfully passed environmental assessments for dust removal and air flow management, with a standard of 4.7 cubic meters per hour[128] Employee and Management - The company has a total of 181 employees, with 104 in production, 5 in sales, 15 in technology, 8 in finance, and 49 in administration[159] - The management compensation structure combines basic and performance-based pay, with basic pay determined by the board and performance pay assessed by the compensation committee[160] - The company has implemented a training program for directors, supervisors, and senior management, as well as regular training for employees based on departmental needs[161]

Financial Performance - Operating revenue for the first nine months was CNY 179,729,367.98, down 22.55% year-on-year[6] - Net profit attributable to shareholders was CNY 27,209,521.20, a decrease of 4.04% compared to the same period last year[7] - Basic and diluted earnings per share increased by 25.12% to CNY 0.1036[7] - The company's revenue for Q3 2020 was approximately ¥179.73 million, a decrease of ¥52.33 million or 22.55% compared to the same period last year[14] - Operating costs for the same period were ¥100.18 million, down by ¥65.66 million or 39.59% year-over-year[15] - The net profit for Q3 2020 was ¥36.27 million, an increase of ¥7.44 million or 25.81% compared to the previous year[16] - The profit attributable to the parent company's shareholders was ¥36.16 million, up by ¥7.25 million or 25.07% year-over-year[16] - The total comprehensive income decreased by 99.87% due to the transfer of a subsidiary's investment income[14] - The company reported a net cash inflow of 20 million RMB from a loan received from Sichuan Emei Mountain Rural Commercial Bank[17] - The company reported a total investment loss of -239,123.98 RMB for the first nine months of 2020[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 483,747,039.14, a decrease of 0.07% compared to the end of the previous year[6] - The total non-current assets decreased to ¥385,197,020.27 from ¥407,384,008.73, a reduction of approximately 5.5%[36] - Total liabilities decreased to ¥325,454,672.96 from ¥361,475,542.99, reflecting a decrease of about 9.9%[37] - The company's total assets slightly decreased to ¥483,747,039.14 from ¥484,069,541.50, a marginal decline of 0.07%[36] - The company's total equity increased to ¥158,292,366.18 from ¥122,593,998.51, an increase of about 28.9%[37] - Total liabilities as of Q3 2020 amounted to ¥84,725,604.91, down from ¥126,034,618.86 in the previous year[44] - Total liabilities were reported at ¥361,475,542.99, with non-current liabilities at ¥196,741,067.48[60] Cash Flow - Net cash flow from operating activities decreased by 48.10% to CNY 33,324,984.54 compared to the same period last year[6] - The company reported a significant increase in cash received from operating activities, totaling ¥97.84 million, a decrease of 51.56% compared to the previous year[16] - The net cash flow from operating activities for Q3 2020 was 33,324,984.54 RMB, compared to 64,204,451.33 RMB in Q3 2019, showing a decrease of about 48.2%[52] - The cash flow from investing activities showed a net outflow of ¥5,529,519.73, compared to a net outflow of ¥12,164,334.19 in the previous year, indicating a 54.5% improvement[56] - Cash inflow from financing activities was ¥7,000,000.00, while cash outflow totaled ¥48,439,208.33, leading to a net cash outflow of ¥41,439,208.33[56] Shareholder Information - Net assets attributable to shareholders increased by 29.32% to CNY 156,975,576.65 compared to the end of the previous year[6] - The total number of shareholders at the end of the reporting period was 55,559[10] - The company’s major shareholder provided financial assistance totaling up to RMB 300 million, later adjusted to RMB 150 million, with an outstanding principal balance of RMB 27,432,200 as of the reporting date[29] Legal and Regulatory Issues - The company is currently involved in arbitration regarding a dispute with Duralite Engineering Limited, which may impact its financial position[19] - The company has been ordered by the court to fulfill its obligations as per the arbitration ruling, which includes a penalty of 5 million RMB[20] - The company has faced legal challenges regarding the enforcement of arbitration awards, which may affect its liquidity[22] - The company is actively seeking to resolve its legal disputes to protect its financial interests[21] Investments and Disposals - The company disposed of 70% of its stake in Yinxun New Energy, resulting in a transfer gain of CNY 8,996,768.17[10] - The company invested 1.4 million RMB in its wholly-owned subsidiary, Shenzhen Yintai New Energy Investment Co., Ltd.[17] - The company disposed of a subsidiary, Shenzhen Yintai New Energy, resulting in a decrease in cash assets by 1,195,928.30 RMB[17] Financial Assistance and Borrowings - The company approved a credit limit of RMB 40 million from Emei Rural Commercial Bank, with a loan of RMB 20 million issued for working capital, secured by assets of a subsidiary[28] - The company’s wholly-owned subsidiary Shun Cai Mining applied for a loan of RMB 20 million, with a three-year term and a maximum single-use period of one year, at a rate of 2.6% above the market quote[28] - The company reported that as of March 31, 2020, a debt of RMB 240 million was transferred to a third party, requiring the major shareholder to fulfill repayment obligations[31]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 116,581,717.56, a decrease of 28.46% compared to CNY 162,950,223.87 in the same period last year[18]. - The net profit attributable to shareholders of the listed company increased by 93.66% to CNY 26,976,453.80, up from CNY 13,930,153.40 in the previous year[18]. - The net cash flow from operating activities was CNY 29,727,449.82, a decline of 24.84% compared to CNY 39,550,265.98 in the same period last year[18]. - Basic earnings per share for the first half of 2020 were CNY 0.0773, representing a 93.73% increase from CNY 0.0399 in the same period last year[20]. - The company achieved a net profit of 8,992,217.62 CNY in the reporting period, an increase compared to the previous year[22]. - Calcium oxide sales revenue was CNY 46.56 million, down 20.50% year-on-year, while limestone sales revenue rose by 29.88% to CNY 67.76 million[34]. - The company reported a net profit attributable to shareholders of 145,380,862, an increase of 31.12% year-on-year[46]. - The company reported a net profit of 2,110.93 million yuan from its subsidiary Sichuan Jinding Shuncai Mining Co., Ltd.[59]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 467,113,975.75, down 3.50% from CNY 484,069,541.50 at the end of the previous year[19]. - Total current assets amounted to CNY 85.78 million, representing 18.36% of total assets, a decrease from 23.94% in the previous year[42]. - Total liabilities amounted to 320,451,798, representing 68.60% of total assets, a decrease of 13.87% compared to the previous period[45]. - The company reported a significant decrease in accounts payable, which fell to CNY 10,195,112.56 from CNY 19,843,140.96, a decline of approximately 48.6%[120]. - The company's total liabilities to equity ratio improved to 2.19 from 2.95, indicating a stronger equity position relative to liabilities[121]. Investments and Subsidiaries - The company completed the transfer of 100% equity of its subsidiary Shenzhen Yintai for 9,067,800 CNY, which was finalized in May 2020[27]. - The company has established three new wholly-owned subsidiaries, enhancing its operational capabilities[29]. - The company has invested 89,141,336.23 in construction projects, primarily for an 8 million ton project upgrade[43]. - The company has a total of 11 subsidiaries, with investments totaling 138 million in Sichuan Jinding Shuncai Mining Co., accounting for 100% equity[50]. - The company has invested 2,000,000 in Haiying New Energy (Hubei) Co., representing a 28.57% equity stake[50]. Operational Highlights - Limestone mining operations produced 2,265,700 tons, a year-on-year increase of 272,900 tons, representing a growth rate of 13.69%[26]. - The logistics park project achieved a throughput of 472,700 tons, an increase of 45,800 tons, or 10.74% compared to the previous year[26]. - The company is advancing a limestone mining capacity expansion project aimed at reaching an annual production capacity of 8 million tons[31]. - The company is focusing on enhancing the market competitiveness of its main products in response to macroeconomic policy adjustments[25]. Legal and Compliance Issues - The company received a penalty of RMB 5,000,000 as a result of an arbitration ruling[73]. - The company faced a lawsuit regarding property protection from 42 individuals, which was ultimately dismissed by the court[74]. - The company has engaged professional lawyers to protect its legal rights in ongoing arbitration cases[73]. - The company is currently appealing a court decision that upheld a previous ruling against it[74]. Environmental and Social Responsibility - The company actively participates in poverty alleviation efforts, contributing 10,000 CNY to widen transportation roads in Xingu Village, Emeishan City[92]. - The company operates 6 dust collectors and 6 automatic online monitoring systems, achieving a monitoring data upload rate of over 99%[94]. - The company is committed to environmental protection and has passed environmental assessments for its construction projects[95]. - The company reported a total SO2 emission of 13.55 t/a and NOX emission of 101.82 t/a, both within the regulatory limits[95]. Future Outlook and Strategy - The company plans to expand its market presence through strategic investments in logistics and technology sectors[50]. - The company aims to enhance traditional business profitability by expanding sales, reducing costs, and improving economies of scale[62]. - The company plans to distribute no less than 30% of the average annual distributable profit over the next three years in cash, provided there are no major investment plans or significant cash expenditures[71]. - The company is focusing on optimizing its business structure and enhancing control over its main operations through its subsidiaries[59].

Financial Performance - Operating revenue decreased by 53.38% to CNY 39,768,819.04 year-on-year[5] - Net profit attributable to shareholders decreased by 26.19% to CNY 2,237,501.11 compared to the same period last year[5] - Basic earnings per share decreased by 27.59% to CNY 0.0063[7] - The weighted average return on equity decreased by 2.52 percentage points to 1.80%[5] - The company reported a net loss of RMB 583.20 million as of March 31, 2020, slightly improved from a net loss of RMB 585.40 million at the end of 2019[31] - Total operating revenue for Q1 2020 was CNY 39,768,819.04, a decrease of 53.4% compared to CNY 85,302,017.76 in Q1 2019[37] - Net profit for Q1 2020 was CNY 2,250,066.31, compared to a net profit of CNY 2,951,827.90 in Q1 2019, representing a decline of 23.7%[39] - The total comprehensive income for Q1 2020 was CNY 2,250,066.31, down from CNY 2,951,827.90 in Q1 2019[39] Cash Flow and Liquidity - Cash flow from operating activities showed a significant decline of 160.96%, resulting in a net cash outflow of CNY -12,000,931.37[5] - The company reported a significant decrease in cash payments related to operational activities, indicating a potential impact from the ongoing pandemic[18] - In Q1 2020, the company reported a net cash flow from operating activities of -12,000,931.37 RMB, a significant decline from 19,685,766.48 RMB in Q1 2019, indicating a year-over-year decrease of approximately 161%[45] - Total cash inflow from operating activities was 35,630,038.97 RMB, down 63.5% from 97,569,171.35 RMB in the same period last year[44] - The company incurred a total cash outflow from operating activities of 47,630,970.34 RMB, compared to 77,883,404.87 RMB in Q1 2019, reflecting a reduction of approximately 38.8%[45] Assets and Liabilities - Total assets increased by 3.03% to CNY 498,759,228.85 compared to the end of the previous year[5] - The company's total liabilities decreased by 35.38% in accounts payable, amounting to 12,821,717.07 RMB, due to reduced payment obligations[15] - The company's total liabilities were RMB 373.77 million as of March 31, 2020, up from RMB 361.48 million at the end of 2019, representing a rise of approximately 3.6%[31] - The company's current assets totaled RMB 85.74 million as of March 31, 2020, compared to RMB 76.69 million at the end of 2019, indicating an increase of about 11.5%[29] - The company's total equity attributable to shareholders increased by 1.94%, reaching 123,738,514.16 RMB, reflecting an increase in shareholder value[16] Shareholder Information - The total number of shareholders reached 57,643 at the end of the reporting period[11] - The largest shareholder, Shenzhen Pusizhichun Investment Co., Ltd., holds 20.50% of the shares, amounting to 71,553,484 shares[11] Operational Challenges - The company reported a significant decrease in cash flow, indicating potential liquidity challenges moving forward[5] - The company's inventory decreased by 36.91%, totaling 3,935,679.53 RMB, mainly due to a reduction in coal stock[15] - The company achieved a VAT payable of 30,481,483.10 CNY, an increase of 352.16% compared to the previous period[18] - The company is involved in an arbitration case regarding a joint venture contract dispute, which may impact future financial obligations[19] - The company is facing a legal dispute with 42 natural persons over property rights, but the court ruled in favor of the company, dismissing the plaintiff's case[24] Financial Support and Assistance - The company has received financial assistance from its controlling shareholder, amounting to a maximum of 300 million CNY[25] - The company received a financial support loan from its controlling shareholder, totaling RMB 150 million, with an outstanding principal balance of RMB 84.88 million as of the reporting period[26] Investment and Expenses - The company incurred a financial expense of CNY 4,648,879.44 in Q1 2020, compared to CNY 4,254,282.94 in Q1 2019, indicating an increase of 9.3%[37] - The company reported an investment loss of CNY 49,523.11 in Q1 2020, slightly improved from a loss of CNY 51,198.10 in Q1 2019[37] - The cash outflow for purchasing goods and services decreased by 44,447,185.75 CNY, representing a 89.46% decline year-over-year[18] - The cash outflow for fixed asset purchases increased by 2,018,872.25 CNY, a 45.92% rise year-over-year, primarily due to technological upgrades[18] Other Observations - No new products or technologies were mentioned in the report, indicating a focus on current operations and financial recovery[5] - The company has not reported any new product launches or significant market expansion strategies during this quarter[39]