股票代码：600888 股票简称：新疆众和 公告编号：临 2023-069 号 新疆众和股份有限公司 XINJIANG JOINWORLD CO., LTD. （住所：新疆维吾尔自治区乌鲁木齐市高新区喀什东路18号） 向不特定对象发行可转换公司债券 上市公告书 保荐人（主承销商） （深圳市红岭中路 1012 号国信证券大厦 16-26 层） 二〇二三年八月 新疆众和股份有限公司 可转换公司债券上市公告书 第一节 重要声明与提示 新疆众和股份有限公司（以下简称"新疆众和"、"发行人"、"公司"或"本 公司"）全体董事、监事和高级管理人员保证上市公告书的真实性、准确性、完 整性，承诺上市公告书不存在虚假记载、误导性陈述或重大遗漏，并对其内容的 真实性、准确性和完整性承担个别和连带的法律责任。 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共和国 证券法》（以下简称"《证券法》"）等有关法律、法规的规定，本公司董事、高级 管理人员已依法履行诚信和勤勉尽责的义务和责任。 中国证券监督管理委员会（以下简称"中国证监会"）、上海证券交易所（以 下简称"上交所"）、其他政府机关对本公司可转换公司债券上市 ...

证券代码：600888 证券简称：新疆众和 编号：临 2023-067 号 新疆众和股份有限公司关于 签订募集资金专户存储三方监管协议的公告 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 担法律责任。 一、募集资金基本情况 根据中国证券监督管理委员会出具的《关于同意新疆众和股份有限公司向不 特定对象发行可转换公司债券注册的批复》（证监许可〔2023〕1445 号），同 意新疆众和股份有限公司（以下简称"公司"）向不特定对象发行面值总额 1,375,000,000.00 元可转换公司债券，期限 6 年，每张面值为人民币 100 元，发 行数量 13,750,000 张，募集资金总额为人民币 1,375,000,000.00 元，扣除发行费 用等相关费用后，募集资金净额为人民币 1,359,255,896.23 元。上述募集资金已 全部到位，并经希格玛会计师事务所（特殊普通合伙）审验，于 2023 年 7 月 25 日出具了《新疆众和股份有限公司验资报告》（希会验字(2023)0028 号）。公司 开立了募集资金专用账户，对上述募集资金进行 ...

证券代码：600888 证券简称：新疆众和 公告编号：2023-068 号 新疆众和股份有限公司关于召开 2023 年半年度 业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 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 2023 年半年度的经营 重要内容提示： 会议召开时间：2023 年 08 月 15 日(星期二)上午 11:00-12:00 会议召开地点： 上海证券 交 易 所 上 证 路 演 中 心 （ 网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 08 月 08 日(星期二)至 08 月 14 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 xjjw600888@joinworld.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。 新疆众和股份有限公司（以下简称"公司"）将于 2023 ...

证券代码：600888 证券简称：新疆众和 编号：临 2023-051 号 新疆众和股份有限公司 关于参加新疆辖区上市公司 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。 为进一步加强与投资者的互动交流，新疆众和股份有限公司（以下简称"公 司"）将参加由新疆证监局、新疆上市公司协会与深圳市全景网络有限公司联合 举办的"2023 年新疆辖区上市公司投资者集体接待日活动"，现将有关事项公告 如下： 本次活动将采用网络远程的方式举行，投资者可以登录"全景路演"网站 （http://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 6 月 16 日（星期五）15：30-18：00。 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、 融资计划、股权激励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。 出席本次集体接待日的人员有：公司董事、财务总监陆旸先生，董事会秘书 刘建昊先生。 ...

证券代码：600888 证券简称：新疆众和 公告编号：2023-041 号 新疆众和股份有限公司关于召开 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 担法律责任。 重要内容提示： 会议召开时间：2023 年 05 月 10 日(星期三)下午 13:00-14:00 会议召开地点： 上海证券 交 易 所 上 证 路 演 中 心 （ 网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 04 月 28 日(星期五)至 05 月 09 日(星期二)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 xjjw600888@joinworld.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。 新疆众和股份有限公司（以下简称"公司"）已于 2023 年 4 月 4 日发布公司 2022 年度报告，于 2023 年 4 月 ...

Financial Performance - Operating revenue for Q1 2023 was ¥1,841,015,233.58, down from ¥2,166,542,937.89 in Q1 2022, representing a decrease of approximately 15.03%[13] - Net profit for Q1 2023 was ¥349,502,352.27, compared to ¥334,229,540.94 in Q1 2022, indicating an increase of about 4.56%[13] - Total operating revenue for Q1 2023 was ¥1,449,334,855.84, a decrease of 31.5% compared to ¥2,116,445,418.54 in Q1 2022[29] - Net profit for Q1 2023 reached ¥429,164,662.39, an increase of 12.6% from ¥381,311,863.56 in Q1 2022[30] - Net profit attributable to shareholders for Q1 2023 was CNY 426,197,735.36, representing an increase of 12.29% year-over-year[36] - The company's cash inflow from operating activities totaled CNY 1,335,878,860.76, while cash outflow was CNY 1,128,255,280.11, resulting in a net cash flow of CNY 207,623,580.65[36] Assets and Liabilities - Total assets at the end of the reporting period reached ¥15,209,190,814.48, an increase of 6.05% compared to the end of the previous year[2] - Total liabilities increased to ¥6,003,413,586.40 in Q1 2023, up from ¥5,552,252,604.54 in Q1 2022, reflecting a growth of 8.1%[29] - The total assets of the company as of March 31, 2023, amounted to CNY 5,991,674,698.68, an increase from CNY 5,358,964,037.37 at the end of 2022[44] - The total liabilities increased to ¥3,793,721,331.29 from ¥3,268,973,752.99, marking an increase of approximately 16.0%[48] - Total liabilities increased to $6,251,438,227.62 from $5,871,307,673.17, indicating a rise in financial obligations[57] Shareholder Equity - Equity attributable to shareholders of the listed company was ¥8,852,531,703.06, reflecting a growth of 5.79% year-over-year[2] - Total equity rose to ¥8,507,279,265.29 in Q1 2023, compared to ¥8,101,114,089.32 in Q1 2022, marking an increase of 5.0%[29] - Owner's equity increased to $8,957,752,586.86 from $8,470,172,209.28, showing a positive trend in shareholder value[57] Cash Flow - Cash and cash equivalents at the end of the period totaled ¥2,064,726,601.07, slightly up from ¥2,050,883,388.72 at the end of the previous year[15] - The net cash flow from operating activities for Q1 2023 was CNY 207,623,580.65, down 36.90% from the previous year[36] - The cash flow from operating activities generated a net amount of ¥273,084,974.66, compared to ¥312,111,372.41 in the previous period, showing a decrease of approximately 12.5%[54] - The cash flow from operating activities inflow totaled ¥1,313,061,557.89, down from ¥1,997,130,261.68, a decrease of about 34.3%[54] Expenses - The company reported a decrease in operating costs to ¥1,629,364,103.95 from ¥1,865,426,792.83 in the previous year, a reduction of approximately 12.66%[13] - Total operating costs for Q1 2023 were ¥1,267,001,344.01, down 33.0% from ¥1,892,324,356.47 in Q1 2022[29] - The company reported a decrease in sales expenses to ¥14,301,150.93 in Q1 2023 from ¥19,039,224.33 in Q1 2022, a reduction of 25.0%[30] - Research and development expenses for Q1 2023 were ¥8,459,584.15, a slight decrease from ¥8,750,802.19 in Q1 2022[13] - Research and development expenses were ¥9,205,544.33 in Q1 2023, slightly down from ¥9,800,132.57 in Q1 2022[30] Investments - Investment activities generated a net cash inflow of ¥214,706,656.54, a significant improvement from a net outflow of ¥258,788,109.93 in the same period last year[15] - The company received other cash related to investment activities amounting to ¥127,018,411.79, compared to ¥60,000,000.00 in the previous year[15] - The company recognized government subsidies of CNY 27,389,645.46 during the reporting period, primarily related to research projects and high-quality development rewards[38] - The company reported investment income cash receipts of CNY 426,600,000.00 for Q1 2023, significantly higher than CNY 188,919,143.00 in the same period last year[36] - Cash inflow from investment activities totaled $556,008,411.79, an increase from $248,919,143.00 in the previous period[55] Other Financial Metrics - The weighted average return on equity for Q1 2023 was 4.9469%, a decrease of 0.4337 percentage points compared to the previous year[36] - Basic earnings per share for Q1 2023 were CNY 0.3199, reflecting a 4.40% increase compared to the same period last year[36] - The basic earnings per share rose to ¥0.3199 from ¥0.3064, indicating an increase of about 4.5%[48] - The company's long-term equity investments increased to CNY 3,022,260,553.19 from CNY 2,842,899,380.42 year-over-year[44] - The deferred income tax liabilities increased to $21,696,738.45 from $19,456,389.02, indicating a rise in tax obligations[57]

Financial Performance - Revenue for 2022 was 7.735 billion yuan, a decrease of 5.96% compared to 2021[12] - Net profit attributable to shareholders of the listed company in 2022 was 1.548 billion yuan, an increase of 81.45% compared to 2021[12] - Revenue decreased by 5.96% to RMB 7,735,424,755.12, primarily due to a reduction in trade business[51] - Net profit attributable to shareholders in Q1 was 379,549,126.76 RMB, Q2 was 408,604,556.80 RMB, Q3 was 465,031,424.50 RMB, and Q4 was 294,659,870.68 RMB[95] - The company achieved a net profit of 1,417,899,904.73 RMB in 2022, with distributable profits of 2,584,030,546.86 RMB[104] - Basic earnings per share for 2022 were 1.1617 RMB, a 66.89% increase compared to 2021[113] - Weighted average return on equity (ROE) for 2022 was 20.4443%, an increase of 6.1946 percentage points from 2021[113] - Revenue for the reporting period was 7.735 billion yuan, a decrease of 5.96% year-on-year[118] - Net profit attributable to shareholders of the parent company was 1.548 billion yuan, an increase of 81.45% year-on-year[118] - Total assets reached 14.341 billion yuan, a year-on-year increase of 2.83%[133] - Net profit attributable to shareholders was 1.548 billion yuan, a year-on-year increase of 81.45%[133] Product Sales and Production - Sales of electrode foil in new infrastructure fields such as 5G, new energy vehicles, and gallium nitride reached over 12 million square meters, showing significant growth compared to the previous year[18] - High-voltage product sales in electronic aluminum foil reached 22,000 tons, achieving a certain level of growth year-on-year[18] - Sales of 5N and above ultra-high-purity aluminum products exceeded 900 tons, with 4N and above products accounting for 78% of total production, 3 percentage points higher than the industry average[18] - The company successfully developed 6N ultra-high-purity aluminum products, filling a domestic gap[18] - Sales of high-purity aluminum decreased by 9.49% to 33,191.40 tons, while production increased by 9.74% to 76,350.68 tons[54] - Sales of electronic aluminum foil decreased by 15.36% to 17,867.20 tons, with production decreasing by 2.38% to 28,572.54 tons[54] - Sales of alloy products increased by 2.46% to 81,398.96 tons, while production decreased by 3.56% to 82,787.86 tons[54] - Electrode foil product sales revenue was 1.645 billion yuan, a decrease of 0.4%, with sales volume of 21.2654 million square meters, a decrease of 16.87%[155] - Electronic aluminum foil product sales revenue was 786 million yuan, a decrease of 3.71%, with sales volume of 17,900 tons, a decrease of 9.49%[155] - High-purity aluminum product sales revenue was 880 million yuan, an increase of 1.34%, with sales volume of 33,200 tons, a decrease of 9.49%[155] - Alloy product sales revenue was 1.729 billion yuan, an increase of 11.68%, with sales volume of 81,400 tons, an increase of 2.46%[155] - Aluminum product sales revenue was 1.027 billion yuan, an increase of 2.99%, with sales volume of 55,500 tons, a decrease of 6.2%[155] R&D and Innovation - The company successfully developed 6N ultra-high-purity aluminum products, filling a domestic gap[18] - The company developed and optimized new products such as ZHG1 alloy rods and high-conductivity rods, with ZHG1 alloy rods achieving batch trials of 200 tons and high-conductivity rods supplying approximately 14,000 tons[18] - R&D expenses increased significantly by 76.92% to RMB 60,025,054.53, driven by increased R&D investment[51][67] - The number of R&D personnel is 494, accounting for 18.52% of the total company headcount[68] - The age structure of R&D personnel: 132 under 30 years old, 213 aged 30-40, 97 aged 40-50, 50 aged 50-60, and 2 aged 60 and above[68] - The company emphasized innovation and achieved significant results in major R&D projects[98] - R&D investment totaled 582.6194 million yuan, accounting for 7.53% of operating revenue[142] - The company successfully developed high-capacity and high-bend organic acid forming technology for electrode foil, achieving mass production and promotion in new energy, 5G, and photovoltaic applications[148] - R&D expenditure was 582.6194 million yuan, all of which was expensed, with 60.0251 million yuan included in administrative expenses and 522.5943 million yuan included in production costs[171] Market and Industry Trends - The automotive industry is a significant pillar of China's economy, with each electric vehicle requiring at least 4 high-voltage, large-capacity aluminum electrolytic capacitors for battery charging, voltage conversion, and inverter circuits[28] - The demand for aluminum electrolytic capacitors in digital TVs is approximately double that of traditional TVs[28] - The company's electronic materials business is supported by national policies, including the "Industrial and Information Technology Ministry's Notice on Accelerating 5G Development" and the "New Materials Industry Development Guide"[42] - Emerging industries like new energy vehicles and 5G commercial technology are driving new demand growth for electronic new materials[191] - The average spot price of aluminum in 2022 was 20,006 yuan/ton, an increase of 5.6% year-on-year[124] - Production of new energy vehicles in 2022 was 7.003 million units, an increase of 90.5% year-on-year[124] - Production of solar cells (photovoltaic cells) in 2022 was 340 million kilowatts, an increase of 46.8% year-on-year[124] - Domestic sales of home appliances in 2022 were 730.72 billion yuan, a decrease of 9.5% year-on-year[124] - Export value of home appliances in 2022 was 568.16 billion yuan, a decrease of 10.9% year-on-year[124] Environmental and Sustainability - The company invested 15.86 million yuan in environmental protection during the reporting period[196] - The company's total emissions during the reporting period were: sulfur dioxide: 255.92 tons, nitrogen oxides: 278.99 tons, particulate matter: 32.33 tons, fluoride: 0.90 tons, ammonia nitrogen: 16.31 tons, and COD: 59.66 tons[198] - The company completed the renovation of unorganized emissions from primary high-purity aluminum production, reducing dust emissions by over 1,200 tons[199] - The company has obtained environmental impact assessment approvals for several new projects, including the high-performance high-purity aluminum clean production project and the energy-saving and carbon-reduction circular economy aluminum-based new materials industrialization project[200] Cash Flow and Dividends - Net cash flow from operating activities in 2022 was 1.073 billion yuan, an increase of 55.80% compared to 2021[12] - Net cash flow from operating activities increased by 55.80% to RMB 1,072,602,967.02[51] - The company declared a cash dividend of 3.50 yuan per 10 shares, totaling 472,508,699.25 yuan, which represents 30.53% of the net profit attributable to ordinary shareholders[181] - The company received 1.195482 billion yuan in tax refunds, an increase of 171.70%, mainly due to an increase in VAT refunds[172] - The company received 2.238443 billion yuan in other operating-related cash, an increase of 91.20%, mainly due to an increase in government subsidies[172] - The company paid 4.826206 billion yuan in various taxes, an increase of 41.60%, mainly due to increased profits and higher income tax and VAT payments[172] Assets and Investments - Total assets at the end of 2022 were 14.341 billion yuan, an increase of 2.83% compared to the end of 2021[13] - The company's equity attributable to shareholders of the listed company at the end of 2022 was 8.368 billion yuan, an increase of 22.33% compared to the end of 2021[13] - Long-term equity investment increased by 56.09% to 2.84 billion yuan, accounting for 19.82% of total assets[70] - Other non-current assets increased by 76.08% to 219.43 million yuan, mainly due to increased prepayments for construction projects[70] - Undistributed profits increased by 67.83% to 2.85 billion yuan, accounting for 19.84% of total assets[71] - Total assets at the end of 2022 were 14.341 billion yuan, with current assets of 5.359 billion yuan and non-current assets of 8.983 billion yuan[76] - The company invested 75.159 million yuan in external investments, primarily for the capital increase and expansion project of Xinjiang Tianchi Energy Co., Ltd[79] - Notes receivable decreased by 59.16% to 461.25 million yuan, accounting for 3.22% of total assets[70] - Prepayments decreased by 45.26% to 346.24 million yuan, mainly due to reduced prepayments for bulk commodity alumina purchases[70] - Contract liabilities decreased by 50.89% to 77.20 million yuan, mainly due to reduced advance payments for alloy products and aluminum products[71] Operational Efficiency and Costs - Operating costs decreased by 9.93% to RMB 6,420,682,643.48[51] - Direct material costs for electronic new materials increased by 19.53% to RMB 285,391.04, accounting for 76.71% of total costs[56] - Direct material costs for aluminum products increased significantly by 44.56% to RMB 127,337.58, accounting for 95.90% of total costs[56][65] - Income tax expenses surged by 761.42% to RMB 74,553,600, driven by increased profits[67] - Gross margin for electronic aluminum foil increased by 4.79 percentage points to 39.06%[135] - Gross margin for high-purity aluminum increased by 9.54 percentage points to 24.71%[135] - Domestic sales revenue decreased by 5.50% to 7.368 billion yuan, with gross margin increasing by 3.82 percentage points[135] Industry Position and Competitive Landscape - The company has an annual production capacity of 55,000 tons of high-purity aluminum liquid and 35,000 tons of electronic aluminum foil, making it one of the largest high-purity aluminum R&D and production bases globally[32] - The company's high-purity aluminum and high-voltage electronic aluminum foil products dominate the domestic market and have significantly expanded internationally, with a stable customer base and pricing power[32] - The company is the only domestic enterprise capable of mass-producing ultra-high-purity aluminum sputtering target blanks with a purity of 99.9999% (6N)[131] - The aluminum electronic new materials industry is highly concentrated, with only a few companies like Xinjiang Joinworld, Baotou Aluminum, and Tianshan Aluminum capable of large-scale production of high-purity aluminum[190] - Xinjiang Joinworld is the only company capable of large-scale production and stable supply of high-purity aluminum sputtering target blanks[190] - The global electrode foil industry is highly competitive, with major players including Japan's JCC, Dongyang Sunshine, Xinjiang Joinworld, Haixing Stock, and Huafeng Stock[190] - The aluminum and alloy products industry is fragmented, with major producers including Chalco, Yunnan Aluminum, Mingtai Aluminum, Jiaozuo Wanfang, Xinjiang Joinworld, and Minfa Aluminum[190] Strategic Initiatives and Future Plans - The company invested in the construction of high-performance high-purity aluminum clean production projects and energy-saving and carbon-reducing circular economy aluminum-based new material industrialization projects[150] - The company completed the construction of a big data platform for high-purity aluminum, with production, inventory, safety, equipment, and quality management modules launched for trial operation[149] - The company's complete industrial chain allows for effective utilization of product scraps, reducing costs and ensuring product quality consistency[49] - The company's energy sector investment in Tianchi Energy helps mitigate the impact of rising coal prices on electricity costs[49] - The company obtained 6,000 tons of green aluminum orders through low-carbon green aluminum certification[118] - The company completed the registration of 2.66 million restricted shares and 5.27 million stock options as part of its 2021 equity incentive plan[184] - A total of 6,440,400 restricted shares were released from lock-up and became tradable on November 15, 2022[184] - The company repurchased and canceled 40,000 restricted shares from two incentive recipients who did not meet the conditions for unlocking[184] - The company's 2*150MW cogeneration units are subject to special emission limits, while other production lines comply with aluminum industry pollution emission standards[187] - The company holds a 14.22% stake in Xinjiang Tianchi Energy Co., Ltd., which reported a net profit of 695,535,480 yuan in 2022[189]

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,719,390,421.61, a decrease of 21.16% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2022 was ¥465,031,424.50, an increase of 73.47% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥471,107,447.70, reflecting an 85.16% increase compared to the same period last year[7]. - The basic earnings per share for Q3 2022 was ¥0.3603, up 65.05% year-on-year[8]. - The diluted earnings per share for Q3 2022 was ¥0.3584, an increase of 64.18% compared to the same period last year[8]. - Total operating revenue for the first three quarters of 2022 was CNY 5,951,926,178.75, a decrease of 3.6% compared to CNY 6,173,997,019.73 in the same period of 2021[20]. - Net profit for the first three quarters of 2022 was CNY 1,265,716,102.51, an increase of 112.5% compared to CNY 594,340,867.35 in 2021[21]. - Earnings per share (EPS) for the first three quarters of 2022 was CNY 0.9452, up from CNY 0.4954 in the same period of 2021[22]. - The total comprehensive income for Q3 2022 was CNY 1,118,358,007.47, compared to CNY 310,651,192.15 in Q3 2021, indicating a significant increase of about 259.5%[29]. Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥14,372,681,386.92, representing a 3.05% increase from the end of the previous year[8]. - The equity attributable to shareholders at the end of Q3 2022 was ¥7,992,593,163.74, a 16.84% increase compared to the end of the previous year[8]. - Total liabilities decreased to RMB 6,280,243,576.53 from RMB 7,009,181,870.95, showing a reduction in financial obligations[19]. - The total liabilities as of Q3 2022 amounted to CNY 5,912,840,128.78, down from CNY 6,694,510,310.58 in the previous year, showing a decrease of about 11.7%[28]. - The total assets of the company reached CNY 13,619,201,069.72, an increase from CNY 13,399,307,511.20 in the previous year[25]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥937,927,845.33, an increase of 39.63% year-on-year[8]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 937,927,845.33, an increase of 39.7% compared to CNY 671,721,899.88 in the same period of 2021[23]. - Cash inflow from investment activities totaled CNY 779,102,463.40, significantly up from CNY 345,144,949.26 year-on-year[24]. - The net cash flow from financing activities was negative at CNY -899,792,130.08, compared to a positive CNY 450,923,195.40 in the previous year[24]. - The company's cash and cash equivalents at the end of the period reached ¥1,581,894,331.74, an increase from ¥1,412,272,663.77 year-over-year[31]. Investment and Expenses - The company reported a significant increase in investment income due to the profit growth of its associate company, Xinjiang Tianchi Energy Co., Ltd.[10]. - Research and development expenses increased to CNY 38,494,948.30, up 64.5% from CNY 23,367,506.53 in the previous year[21]. - The company's long-term equity investments rose to RMB 2,485,628,779.26 from RMB 1,821,354,387.62, highlighting an increase in strategic investments[17]. - The company's financial expenses decreased to CNY 87,335,873.20 in Q3 2022 from CNY 145,368,997.16 in Q3 2021, showing a reduction of approximately 40.0%[28]. - Cash paid for investments was ¥95,159,143.00, significantly higher than ¥9,029,787.32 in the same period last year, indicating a rise of approximately 951%[31].

Financial Performance - In 2021, the company achieved a total operating revenue of ¥8,225,544,266.08, representing a 43.88% increase compared to ¥5,717,109,694.39 in 2020[17] - The net profit attributable to shareholders of the listed company for 2021 was ¥853,042,091.77, a significant increase of 142.97% from ¥351,089,370.45 in 2020[17] - The net profit after deducting non-recurring gains and losses was ¥930,673,629.98, up 192.72% from ¥317,939,334.23 in the previous year[17] - The net cash flow from operating activities reached ¥688,439,373.73, an increase of 124.27% compared to ¥306,973,034.43 in 2020[17] - By the end of 2021, the net assets attributable to shareholders of the listed company were ¥6,840,709,765.68, a 42.30% increase from ¥4,807,141,443.75 at the end of 2020[17] - Total assets at the end of 2021 amounted to ¥13,947,114,662.58, reflecting a 19.06% increase from ¥11,713,868,702.45 in 2020[17] Dividend and Shareholder Returns - The company plans to distribute cash dividends of ¥1.90 per 10 shares, totaling ¥256,006,922.45, subject to shareholder approval[3] - The company reported a year-end retained earnings balance of ¥1,307,920,632.60 to be carried forward for future distribution[3] - The company does not plan to increase capital reserves for share distribution in 2021[3] - The company distributed cash dividends totaling 112,717,594.00 RMB, which represents 32.11% of the net profit attributable to shareholders for the year[141] - The company has implemented a cash dividend policy that emphasizes stable returns to shareholders, with a plan for continuous and sustainable profit distribution[141] Sales and Market Performance - Sales volume of electronic aluminum foil and electrode foil increased by 16.15% and 48.76% respectively, reaching 21,000 tons and 25.5794 million square meters[27] - In 2021, the sales revenue of the company's electrode foil products reached 1.652 billion yuan, a year-on-year increase of 56.77%, with a sales volume of 25.5794 million square meters, up 48.76%[45] - The sales revenue of electronic aluminum foil products was 817 million yuan, reflecting a year-on-year growth of 26.45%, with a sales volume of 21,100 tons, an increase of 16.15%[45] - The sales revenue of high-purity aluminum products amounted to 869 million yuan, marking a year-on-year increase of 27.91%, with a sales volume of 36,700 tons, up 2.92%[45] - The growth in sales volume and revenue for electrode foil, electronic aluminum foil, and high-purity aluminum is primarily driven by the increasing demand for aluminum foil materials in the new energy and consumer electronics markets[45] Production and Capacity - The company is focusing on expanding production capacity and adjusting product structure to meet the growing demand in the new energy sector[27] - The company is expanding its production capacity with a new project aimed at producing 15 million square meters of high-pressure high-performance aluminum foil annually[67] - The company has a production capacity of 180,000 tons for primary high-purity aluminum, 55,000 tons for high-purity aluminum liquid, 35,000 tons for electronic aluminum foil, and 23 million square meters for electrode foil[94] - The production model is based on an "order-based production" approach, aligning production with customer orders and operational plans[51] Research and Development - The company plans to enhance its R&D efforts in high-performance aluminum alloy products for various industries, including 5G communication and aerospace[28] - Total research and development expenses amounted to 50,183.34 million yuan, representing 6.10% of operating revenue[76] - The company has 421 R&D personnel, accounting for 16% of the total workforce[77] - R&D expenditure for the reporting period was CNY 50.18 million, with CNY 3.39 million classified as R&D expenses and CNY 46.79 million included in production costs[80] Environmental and Social Responsibility - The company implemented energy-saving projects that resulted in a total electricity savings of 40 million kWh/year and a reduction of over 11,000 tons of carbon dioxide emissions[158] - The company purchased 120 million kWh of renewable energy, saving 148,900 tons of standard coal and reducing carbon dioxide emissions by 739,000 tons[158] - The company has developed an emergency response plan for environmental incidents, which has been approved and filed with the environmental protection bureau[154] - The company actively promotes energy-saving processes in its production lines, contributing to the overall reduction of carbon emissions[158] - A total of CNY 24,200 was awarded in scholarships to impoverished students from 20 villages and Akbag Primary School[160] Corporate Governance and Compliance - The company is committed to maintaining a robust corporate governance structure to ensure compliance and protect shareholder rights[105] - The company held a total of 5 extraordinary general meetings and 1 annual general meeting during the reporting period, all of which were conducted legally and effectively[110] - The company has no recent penalties from regulatory bodies, indicating compliance with industry standards[126] - The company and its major shareholder maintained good integrity, complying with national laws and regulations, with no significant debts overdue[171] Strategic Initiatives and Future Outlook - The company plans to achieve a revenue of 9 billion yuan and control operating costs within 7.5 billion yuan for 2022[98] - The company aims to enhance its market share in high-performance aluminum alloy products, particularly in aerospace applications[97] - The company is focusing on expanding its market presence through value marketing and collaborative innovation with domestic and international clients[98] - The company will focus on technological innovation in energy conservation, new energy, and aerospace, targeting key technologies such as high-purity aluminum three-layer energy-saving technology and lightweight aluminum alloy materials for automobiles[99]

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥4,232,535,757.14, representing a 5.99% increase compared to ¥3,993,193,437.67 in the same period last year[18]. - Net profit attributable to shareholders was ¥788,153,683.56, a significant increase of 144.49% from ¥322,365,046.94 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥747,530,615.76, up 154.00% from ¥294,311,131.40 year-on-year[18]. - The net cash flow from operating activities was ¥796,422,176.26, an increase of 133.98% compared to ¥340,373,847.32 in the same period last year[18]. - Basic earnings per share for the first half of 2022 were ¥0.5849, up 111.08% from ¥0.2771 in the same period last year[18]. - The company reported a significant increase in diluted earnings per share to ¥0.5822, a rise of 112.25% from ¥0.2743 year-on-year[18]. - The company achieved a significant increase in cash flow from operating activities, with a net cash flow of approximately ¥796.42 million, up 133.98% year-on-year[44]. - The total comprehensive income for the first half of 2022 was CNY 876,651,371.53, compared to CNY 320,344,820.5 in the first half of 2021, representing an increase of approximately 174%[121]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥13,978,248,768.61, a slight increase of 0.22% from ¥13,947,114,662.58 at the end of the previous year[18]. - Total current assets decreased to ¥5,964,758,058.48 from ¥6,451,157,268.11, a decline of approximately 7.5%[106]. - Total liabilities decreased to ¥6,336,331,180.36 from ¥7,009,181,870.95, a reduction of approximately 9.6%[110]. - The total owner's equity at the end of the reporting period is CNY 6,077,887,968.52, an increase from CNY 4,715,015,618.18 at the end of the previous year[145]. Production and Market Position - In the first half of 2022, the demand for aluminum electrolytic capacitors continued to be strong, benefiting from national strategic emerging industries such as new energy and photovoltaics, with the electronic information manufacturing industry increasing by 10.2% year-on-year[26]. - The company's main products include high-purity aluminum, electronic aluminum foil, and electrode foil, which are essential for the production of aluminum electrolytic capacitors[28]. - The company is positioned within the electronic information products sector, specifically in the manufacturing of capacitor aluminum foil materials, which is a key area of national strategic development[24]. - The company is actively pursuing opportunities in the high-performance aluminum alloy market, which is accelerating its domestic production process[26]. - The company has established stable raw material supply channels and long-term partnerships with key suppliers, primarily sourcing alumina and coal[29]. Research and Development - Research and development expenses increased by 37.50% to approximately ¥20.69 million, driven by investments in electrode foil and high-purity aluminum projects[44]. - The company has obtained 9 invention patents and 6 utility model patents during the reporting period, reflecting its commitment to innovation[31]. - The company successfully developed a 6N ultra-high purity aluminum product, filling a domestic gap in the aerospace sector[41]. - The company has a strong technical foundation with over 200 patents and proprietary technologies, ensuring its competitive edge in the market[31]. Environmental and Regulatory Compliance - The company emitted a total of 117.92 tons of sulfur dioxide, 138.75 tons of nitrogen oxides, and 33.47 tons of particulate matter during the reporting period, all below the national emission standards[68]. - The company implemented energy-saving measures expected to save 12.25 million kWh of electricity and approximately 2,500 tons of standard coal in the first half of 2022, resulting in a reduction of carbon emissions by 252,000 tons[74]. - The company’s commitment to comply with national laws and regulations has been maintained, with no significant legal violations reported during the reporting period[81]. Shareholder and Governance Information - The company has conducted two temporary shareholder meetings and one annual meeting during the reporting period, ensuring compliance with governance procedures[60]. - The company granted 2.75 million restricted shares and 5.41 million stock options to 101 incentive targets as part of its equity incentive plan approved on June 29, 2022[65]. - The number of ordinary shareholders as of the end of the reporting period was 61,415, with the largest shareholder, Tebian Electric Apparatus Stock Co., Ltd., holding 32.30% of the shares[97]. Financial Instruments and Accounting Policies - The company recognizes identifiable assets and liabilities at fair value when acquiring a business, ensuring reliable measurement of economic benefits[159]. - The company assesses whether it has power over an investee by considering factors such as voting rights and contractual arrangements[160]. - The company applies the equity method for investments in joint ventures, recognizing its share of assets and liabilities[165]. - The company confirms that cash equivalents are short-term investments that are easily convertible to known amounts of cash[166]. Future Plans and Strategies - The company plans to increase its annual production capacity by 30%-50%, adding 23,000 tons of high-purity aluminum, 16,000 tons of electronic aluminum foil, and 720 million square meters of corrosion foil[36]. - The company plans to enhance its market expansion strategies and invest in new product development[143].