证券代码：601011 证券简称：宝泰隆 编号：临 2023-027 号 宝泰隆新材料股份有限公司 关于召开 2022 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。 重要内容提示： 说明会召开时间：2023 年 05 月 22 日(星期一) 上午 10:00-11:00 说明会召开网址：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 说明会召开方式：上证路演中心网络互动 （一） 说明会召开时间：2023 年 05 月 22 日 上午 10:00-11:00 （二） 说明会召开网址：上海证券交易所"上证路演中心"网络 平台（网址：http://roadshow.sseinfo.com/） （三） 说明会召开方式：上证路演中心网络互动 三、 参加人员 董事长：焦云先生 副董事长：焦强先生 投资者可于 2023 年 05 月 15 日（星期一） 至 05 月 19 日（星 期五）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 bt ...

证券代码：601011 证券简称：宝泰隆 编号：临 2023-026 号 1 宝泰隆新材料股份有限公司 关于参加黑龙江辖区上市公司 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，宝泰隆新材料股份有限公司 （以下简称"公司"）将参加由黑龙江证监局、黑龙江省上市公司协 会与深圳市全景网络有限公司联合举办的"2023 年黑龙江辖区上市 公司投资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路 演"网站（http://rs.p5w.net）；或关注微信公众号（名称：全景财经）； 或下载全景路演 APP，参与本次互动交流。活动时间为 2023 年 5 月 15 日（周一）14:00-16:30。届时公司高管将在线就公司 2022 年度业 绩、公司治理、发展战略、经营状况和可持续发展等投资者关心的问 题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告。 宝泰隆新材料股份有限公司董事会 二 O ...

Financial Performance - Baotailong New Materials reported a significant increase in revenue, reaching RMB 1.2 billion, representing a year-on-year growth of 15%[14]. - The company achieved a net profit of RMB 200 million, which is a 10% increase compared to the previous year[14]. - The company's operating revenue for 2022 was CNY 3,772,911,608.35, representing a 5.43% increase compared to CNY 3,578,572,050.42 in 2021[21]. - The net profit attributable to shareholders for 2022 was CNY 151,742,717.31, a slight increase of 0.33% from CNY 151,249,139.50 in 2021[21]. - The company reported a net profit of CNY 59,610,104.53 in Q3 2022, with total revenue of CNY 791,805,984.99 for the same quarter[24]. - The total net profit for Q4 2022 was CNY 40,768,262.64, with an operating revenue of CNY 1,053,093,392.88[24]. - The company recognized non-recurring gains of CNY 2,996,104.02 in 2022, compared to a loss of CNY 278,724.88 in 2021[27]. - The company's net assets attributable to shareholders increased by 21.55% to CNY 7,719,480,061.29 at the end of 2022[21]. - The company's weighted average return on equity for 2022 was 2.07%, down from 2.42% in 2021, a decrease of 0.35 percentage points[22]. - The basic earnings per share for 2022 was CNY 0.08, a decrease of 11.11% compared to CNY 0.09 in 2021[22]. Market Expansion and Strategy - User data indicates a 20% increase in customer base, with over 500 new clients acquired during the reporting period[14]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[14]. - Baotailong has no plans for major acquisitions in the near term, focusing instead on organic growth strategies[14]. - The company aims to transition from traditional coal chemical industries to new materials, focusing on graphene and needle coke projects, to reduce reliance on the steel market[47]. - The company is positioned as a leading independent coking enterprise in Northeast China and ranks among the top 500 chemical companies in the country[48]. Research and Development - Baotailong is investing RMB 100 million in R&D for new product development, focusing on advanced carbon materials[14]. - The company has filed 14 patents in 2022, including 3 invention patents and 11 utility model patents, bringing the total number of patents to 144[35]. - The company has 144 patents, including key technologies for high-temperature coal tar hydrogenation and supercritical extraction processes for high-quality needle coke[56]. - The company is actively pursuing technological innovation and has collaborated with institutions like China University of Petroleum to advance in graphene and hydrogen energy[121]. Sustainability and Environmental Commitment - The company maintains a strong commitment to sustainability, aiming to reduce carbon emissions by 30% over the next five years[14]. - The company has implemented a carbon asset management program, resulting in a 10% reduction in CO2 emissions from burning fossil fuels[189]. - The company has invested 69.5 million yuan in environmental protection during the reporting period[164]. - The company has established a robust environmental management system in place, ensuring compliance with pollution discharge standards[165]. - The company has implemented pollution control measures, including a closed coal shed to prevent dust pollution, and has upgraded facilities to reduce VOCs emissions[181]. Operational Efficiency - The company completed 35 technical renovation projects in 2022, achieving cost savings of 6.2 million yuan[35]. - The company has ongoing construction projects with a total designed capacity of 390,000 tons/year for coal washing and 158,000 tons/year for coke[100]. - The company has established a comprehensive standardization system, participating in the formulation of national and local standards[90]. - The company has implemented a performance evaluation system for senior management linked to operational performance[158]. Risk Management - No significant operational risks were reported during the fiscal year, ensuring stable production and supply chains[7]. - The company faces risks including price volatility and competition, and is adjusting its production plans accordingly to mitigate these risks[120]. - The company emphasizes safety production and has implemented measures to strengthen risk management and emergency response capabilities[121]. Corporate Governance - The company has established a comprehensive information disclosure system, ensuring timely and accurate communication with stakeholders[127]. - The independent directors accounted for at least one-third of the board, providing essential oversight and independent opinions on major decisions[126]. - The company has maintained complete independence from its controlling shareholder in terms of operations and financial matters[125]. - The company has established a cash dividend policy prioritizing cash distribution, aiming for a minimum of 30% of the average distributable profit over the last three years[154]. Financial Management - The company reported a significant decrease of 98.13% in net cash flow from operating activities, primarily due to increased inventory levels[60]. - Financial expenses decreased by 31.2% year-on-year, mainly due to reduced bond interest payments[60]. - The total sales revenue from the top five customers reached ¥177,142.68 million, accounting for 46.95% of the annual total sales[71]. - The company has a diverse board with a mix of experienced professionals from various sectors, contributing to strategic decision-making[133]. Legal Matters - The company is currently involved in a significant lawsuit with a total amount in dispute of approximately 625.045 million yuan[200]. - The lawsuit was initiated by Saiding Engineering Co., Ltd. against the company's subsidiary regarding a contract dispute[200]. - The case is currently under review by the Heilongjiang Provincial High People's Court, with no court date set yet[200].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 830,189,816.94, representing a year-on-year increase of 4.85%[4] - The net profit attributable to shareholders decreased by 29.28% to CNY 30,306,668.21 compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 30.36% to CNY 25,982,584.70[4] - Basic and diluted earnings per share decreased by 36.00% to CNY 0.016[4] - The weighted average return on equity decreased by 38.1 percentage points to 0.39%[4] - Net profit for Q1 2023 was CNY 29.81 million, a decrease of 15.1% from CNY 35.17 million in Q1 2022[19] - Basic earnings per share for Q1 2023 were CNY 0.016, down from CNY 0.025 in Q1 2022, representing a decline of 36%[19] - The total profit for Q1 2023 was a loss of ¥16,325,752.54, compared to a profit of ¥35,718,151.25 in Q1 2022[27] Cash Flow and Liquidity - The net cash flow from operating activities surged by 453.19% to CNY 242,622,427.27, primarily due to a decrease in raw material purchases[4][9] - Cash flow from operating activities for Q1 2023 was CNY 242.62 million, significantly higher than CNY 43.86 million in Q1 2022[19] - The company reported a total cash inflow from operating activities of CNY 865.79 million in Q1 2023, compared to CNY 832.79 million in Q1 2022[19] - Operating cash flow for Q1 2023 was ¥214,379,143.16, significantly up from ¥23,676,496.51 in Q1 2022, indicating improved cash generation[29] - The net cash flow from financing activities was negative at -¥7,876,877.17 in Q1 2023, contrasting with a positive flow of ¥1,161,474,783.06 in Q1 2022[30] Assets and Liabilities - Total assets at the end of the reporting period increased by 3.66% to CNY 13,884,304,640.30 compared to the end of the previous year[4] - Total current assets as of March 31, 2023, amount to ¥2,514,347,618.62, an increase from ¥2,146,971,779.88 as of December 31, 2022[13] - Total liabilities as of Q1 2023 amounted to CNY 5.48 billion, an increase from CNY 5.02 billion in the previous year, reflecting a growth of 9.2%[15] - The company's total liabilities increased to ¥4,270,838,918.47 as of March 31, 2023, compared to ¥3,750,793,392.23 at the end of 2022, marking a rise of 13.9%[24] Shareholder Information - Total number of common shareholders at the end of the reporting period is 92,425[11] - The largest shareholder, Baotailong Group Co., Ltd., holds 445,891,693 shares, accounting for 23.28% of total shares[11] - The company has a significant pledge of shares, with 290,520,000 shares pledged by Baotailong Group Co., Ltd.[11] Expenses - Research and development expenses increased by 200.88%, driven by new product development projects[9] - Sales expenses rose by 30.42%, attributed to increased promotional costs for new products by the subsidiary Xingtu[9] - Research and development expenses for Q1 2023 increased to CNY 1.61 million, compared to CNY 0.53 million in Q1 2022, marking a rise of 201.5%[18] - The company paid ¥481,324,623.43 for goods and services in Q1 2023, down from ¥625,298,266.80 in Q1 2022, reflecting cost control measures[29] Inventory and Current Assets - Inventory as of March 31, 2023, is ¥1,579,375,380.34, compared to ¥1,523,975,183.70 at the end of 2022[13] - The inventory level as of March 31, 2023, was ¥1,497,829,749.43, slightly up from ¥1,477,280,485.08 at the end of 2022, indicating a stable inventory management strategy[22] Tax and Financial Management - The company’s tax expenses for Q1 2023 were ¥643,739.16, compared to ¥10,367,627.23 in Q1 2022, indicating a reduction in tax burden[27] - The company reported a decrease in financial expenses to ¥19,800,543.17 in Q1 2023 from ¥12,634,969.45 in Q1 2022, indicating improved cost management[26]

Financial Performance - The company's revenue for Q3 2022 was ¥750,120,876.43, a decrease of 25.92% compared to the same period last year[4] - Net profit attributable to shareholders was ¥8,512,832.13, down 79.85% year-on-year[4] - The basic earnings per share for the period was ¥0.004, reflecting an 86.67% decline compared to the previous year[5] - The weighted average return on equity was 0.110%, a decrease of 83.58% from the same period last year[5] - Operating profit for the first three quarters of 2022 was ¥129,976,011.11, a decrease of 18.9% from ¥160,214,588.98 in the previous year[21] - The company reported a net profit of ¥91,090,114.77 for the first three quarters of 2022, down from ¥107,524,859.68 in the same period of 2021, reflecting a decline of 15.3%[21] - Net profit for Q3 2022 was approximately ¥91.09 million, a decrease from ¥107.52 million in Q3 2021, representing a decline of about 15.5%[22] - Total comprehensive income for Q3 2022 was approximately ¥85.50 million, down from ¥110.47 million in Q3 2021, indicating a decrease of around 22.6%[22] Cash Flow - Cash flow from operating activities for the year-to-date was ¥47,006,868.86, down 87.87% compared to the previous year[4] - Cash flow from operating activities decreased by 87.87% year-on-year, with cash received increasing by 232.8 million yuan and cash costs rising by 573.26 million yuan[9] - Cash inflow from operating activities for the first nine months of 2022 was approximately ¥2.69 billion, an increase from ¥2.45 billion in the same period of 2021, showing a growth of about 9.5%[26] - Net cash flow from operating activities decreased to CNY 52,849,574.05 in 2022 from CNY 409,196,142.44 in 2021, indicating a decline of about 87.1%[38] - Cash inflow from financing activities was CNY 1,803,600,565.17, compared to CNY 971,818,678.73 in the previous year, indicating a growth of about 85.5%[38] Assets and Liabilities - Total assets at the end of the reporting period were ¥13,002,624,054.43, a slight increase of 0.09% from the end of the previous year[5] - Total assets as of the end of Q3 2022 amounted to ¥13,002,624,054.43, compared to ¥11,980,360,457.19 at the end of Q3 2021, representing a growth of 8.5%[18] - Total liabilities decreased to ¥4,665,272,981.52 in Q3 2022 from ¥4,948,946,223.84 in Q3 2021, indicating a reduction of 5.7%[18] - The company's equity attributable to shareholders increased to ¥7,668,893,434.70 in Q3 2022, up from ¥6,350,714,450.44 in Q3 2021, marking a growth of 20.8%[18] - Total liabilities for Q3 2022 were ¥3,372,281,578.11, a decrease from ¥3,486,825,274.06 in Q3 2021[31] Inventory and Receivables - The company reported a 65.21% decrease in notes receivable compared to the end of the previous year, primarily due to reduced use of bank acceptance bills for payments[8] - Inventory increased by 37.41% compared to the end of the previous year, attributed to rising prices of raw materials[8] - The company experienced a significant increase in prepayments by 43.83% due to higher prices of raw materials[8] - The company’s inventory as of September 30, 2022, was approximately ¥1.36 billion, up from ¥1.03 billion at the end of 2021, reflecting an increase of about 31.5%[29] Research and Development - Research and development expenses decreased by 84.45% year-on-year, attributed to the impact of the pandemic and the scheduling of R&D projects[9] - Research and development expenses for the first three quarters of 2022 were ¥1,506,804.05, significantly lower than ¥9,689,111.63 in the same period of 2021, indicating a decrease of 84.5%[21] - Research and development expenses for the first three quarters of 2022 were ¥1,203,797.81, down 26.0% from ¥1,619,453.71 in the same period of 2021[33] Other Income and Expenses - Other income increased by 75.97% year-on-year, mainly due to government grants received for bond financing amounting to 5 million yuan, which did not occur in the same period last year[9] - Investment income showed a 344% increase in losses compared to the same period last year, primarily due to increased cumulative losses from associated companies[9] - The company reported a financial expense of ¥16,710,505.78 in Q3 2022, a decrease from ¥57,282,477.08 in Q3 2021[33] Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to drive future growth[21]

Financial Performance - The company reported a half-year revenue of 1.2 billion RMB, representing a 15% increase compared to the same period last year[1]. - Net profit for the first half of 2022 was 200 million RMB, up 10% year-over-year[1]. - The company's operating revenue for the first half of 2022 reached ¥1,969,697,339.04, representing a 24.44% increase compared to the same period last year[19]. - Net profit attributable to shareholders was ¥102,461,622.54, marking a 27.26% increase year-over-year[19]. - The management has set a revenue target of 2.5 billion RMB for the full year 2022, indicating a growth forecast of 12%[1]. - The company reported a net profit of approximately 1.23 billion for the first half of 2022, reflecting a decrease of 1.58 billion or 56.2% year-over-year[161]. - The total comprehensive income for the first half of 2022 was CNY 85,796,769.84, an increase from CNY 73,388,589.38 in the first half of 2021[147]. Market Expansion and Product Development - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[1]. - New product development includes a focus on graphene materials, with an expected launch in Q4 2022[1]. - The company plans to expand its market presence in the new materials sector, particularly in the production of lithium battery anode materials[28]. - The company aims to transition from traditional coal chemical industries to new materials, emphasizing the production of graphene and needle coke[33]. - The company is actively developing graphene and related products, aiming to establish a new materials industry centered on graphene[41]. Research and Development - The company has allocated 100 million RMB for R&D in new technologies this year, a 20% increase from last year[1]. - The company holds 138 patents and completed 13 key technological transformation projects during the reporting period[34]. - The company is focusing on developing new technologies in the biomass and solid waste power generation sectors in response to stricter environmental regulations[28]. - The company has allocated approximately 310.86 million for new technology research and development in the first half of 2022[158]. Environmental Compliance - The company reported that all pollutants from production processes were within the emission standards, with particulate matter emissions from the coking process at 10.5 mg/m3, well below the limit of 30 mg/m3[80]. - Sulfur dioxide emissions from the coking process were recorded at 29 mg/m3, significantly lower than the standard limit of 50 mg/m3[81]. - The company has implemented a comprehensive environmental monitoring system to ensure compliance with all regulatory standards[79]. - The company is actively investing in environmental protection projects, including a closed coal shed project and VOCs recovery project, to meet regulatory requirements and improve energy efficiency[50]. Financial Position and Capital Structure - The company's total assets increased by 11.03% to ¥13,302,360,216.75 compared to the end of the previous year[19]. - Shareholders' equity increased to ¥8,352,216,484.38 from ¥7,031,414,233.35, showing a strong capital position[140]. - The total liabilities slightly increased to ¥4,950,143,732.37 from ¥4,948,946,223.84, indicating stable leverage[140]. - The company raised a total of 375 million RMB through four types of corporate bonds, which will be used to supplement working capital, including at least 50% for pandemic-related expenses[132]. Legal Matters - The company is involved in a significant lawsuit with a total amount in dispute of RMB 625,045,137.55, which is currently under review by the Heilongjiang Provincial High People's Court[102]. - The company has a pending arbitration case with Jiangsu Nanda Environmental Technology Co., Ltd., involving claims for project payments totaling RMB 58,890,391[105]. - The ongoing litigation and arbitration cases may affect the company's future financial performance and operational strategies[102][105]. Operational Efficiency - The company is focusing on the development of graphene applications in thermal management, with ongoing technical upgrades to production lines for graphene-based materials[35]. - The company is optimizing its production process by using both chemical coke and briquette as dual raw materials to enhance product quality[43]. - The company is actively enhancing its competitive capabilities by improving the self-sufficiency rate of coal and graphite resources[70]. Shareholder Relations - The company has not proposed any profit distribution or capital reserve transfer plans for the first half of 2022[77]. - The company committed to not engaging in any competitive activities within China, including self-operated, acquisition, or merger activities that may harm its interests or those of minority shareholders[97]. - The company has confirmed that there are currently no issues of competition with its controlling shareholders[97].

证券代码：601011 证券简称：宝泰隆 编号：临 2022-030 号 宝泰隆新材料股份有限公司 关于参加"2022 年投资者网上集体接待日活动 暨业绩说明会"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。 | 为促进上市公司规范运作、健康发展，增强上市公司信息透明度， 加强与广大投资者沟通交流，进一步提升投资者关系管理水平，宝泰 隆新材料股份有限公司（以下简称"公司"）将参加黑龙江省上市公 司协会联合深圳市全景网络有限公司于 2022 年 5 月 12 日 14:30-16:30 在"全景路演"（https://rs.p5w.net/html/132395.shtml）举办的"黑龙 江省上市公司 2022 年投资者网上集体接待日活动暨业绩说明会"。 出席本次活动人员有：公司董事长焦云先生，副董事长焦强先生， 董事、总裁李清涛先生，董事、副 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥791,805,984.99, representing a decrease of 2.49% compared to the same period last year[4] - The net profit attributable to shareholders was ¥42,851,518.01, showing a slight decline of 0.39% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥37,312,164.55, down by 9.16% compared to the previous year[4] - Total operating revenue for Q1 2022 was ¥791,805,984.99, a decrease of 2.6% from ¥812,056,212.79 in Q1 2021[16] - Net profit for Q1 2022 was ¥35,172,578.15, a decrease of 4.0% compared to ¥36,653,917.91 in Q1 2021[17] - Earnings per share for Q1 2022 were ¥0.025, down from ¥0.027 in Q1 2021[17] - The total comprehensive income for Q1 2022 was ¥35,172,578.15, reflecting a decrease from ¥36,653,917.91 in Q1 2021[17] - Operating revenue for Q1 2022 was RMB 757.56 million, a decrease of 6.8% compared to RMB 812.81 million in Q1 2021[27] - Net profit for Q1 2022 was RMB 35.72 million, down 59.0% from RMB 87.25 million in Q1 2021[28] - Operating profit for Q1 2022 was RMB 46.40 million, a decline of 60.7% from RMB 118.17 million in Q1 2021[28] Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 48.72%, amounting to ¥43,859,013.58[4] - Cash inflow from operating activities for Q1 2022 was CNY 832,793,108.68, an increase of 8.06% compared to CNY 770,521,024.68 in Q1 2021[20] - Net cash outflow from investing activities was CNY -918,110,855.52, compared to CNY -29,644,636.63 in the same period last year, indicating a significant increase in investment expenditures[21] - Net cash inflow from financing activities reached CNY 1,141,437,283.96, a substantial improvement from a net outflow of CNY -6,276,365.99 in Q1 2021[21] - Cash flow from operating activities for Q1 2022 was RMB 23.68 million, significantly lower than RMB 80.25 million in Q1 2021[30] - Total cash inflow from financing activities in Q1 2022 was RMB 1.42 billion, a substantial increase from RMB 170.59 million in Q1 2021[30] Assets and Liabilities - Total assets increased by 9.06% to ¥13,065,863,333.03 compared to the end of the previous year[5] - Total liabilities as of Q1 2022 amounted to ¥4,786,052,921.90, a decrease of 3.3% from ¥4,948,946,223.84 in Q1 2021[15] - The total assets as of March 31, 2022, amounted to CNY 10,732,616,722.43, up from CNY 9,576,172,897.09 at the end of 2021, reflecting a growth of 12.06%[25] - The total liabilities decreased to CNY 3,393,232,347.49 from CNY 3,486,825,274.06, showing a reduction of 2.67%[25] Shareholder Equity - Shareholders' equity attributable to the parent company rose by 19.80% to ¥7,608,366,757.82[5] - Total equity attributable to shareholders was ¥7,608,366,757.82 in Q1 2022, an increase of 19.8% from ¥6,350,714,450.44 in Q1 2021[15] - The company's equity increased to CNY 7,339,384,374.94, up from CNY 6,089,347,623.03, representing a growth of 20.51%[25] Research and Development - Research and development expenses decreased by 83.25% due to disruptions caused by the pandemic[6] - Research and development expenses decreased significantly to ¥534,270.96 in Q1 2022 from ¥3,188,894.69 in Q1 2021, indicating a reduction in investment in this area[16] - Research and development expenses for Q1 2022 were RMB 534,270.96, slightly down from RMB 567,460.97 in Q1 2021[27] Acquisitions and Investments - The company completed the acquisition of Shanghai Chaosheng Technology Co., Ltd. on January 29, 2022, and subsequently increased its capital, with the capital increase completed on March 1, 2022[10] - The company issued a total of 310,857,142 shares in a private placement, raising a net amount of approximately RMB 1,214,859,915.10[10] - The company acquired a 65.86% stake in Xingtu (Changzhou) Carbon Materials Co., Ltd. through Shanghai Chaosheng Technology Co., Ltd.[10] Other Financial Metrics - The company reported a credit impairment loss of ¥3,261,575.93 in Q1 2022, compared to a loss of ¥30,318.08 in Q1 2021[16] - The company reported a credit impairment loss of RMB 2.57 million in Q1 2022, compared to a gain of RMB 530,252.55 in Q1 2021[28] - The company incurred interest expenses of RMB 24.02 million in Q1 2022, down from RMB 26.78 million in Q1 2021[27]

Financial Performance - Baotailong New Materials reported a standard unqualified audit opinion from Zhongshen Yatai Certified Public Accountants for the fiscal year 2021[4]. - The company's operating revenue for 2021 was CNY 3,578,572,050.42, representing a 33.79% increase compared to 2020[19]. - Net profit attributable to shareholders for 2021 reached CNY 151,249,139.50, a significant increase of 182.43% from the previous year[19]. - The average selling price of coke in 2021 was CNY 2,760 per ton, which is a 46% increase compared to the average price of CNY 1,885 per ton in 2020[20]. - The net cash flow from operating activities for 2021 was CNY 680,081,625.53, reflecting a 111% increase from 2020[20]. - Basic earnings per share for 2021 were CNY 0.09, which is a 200% increase compared to CNY 0.03 in 2020[20]. - The company's total assets as of the end of 2021 were CNY 11,980,360,457.19, an 8.02% increase from the end of 2020[19]. - The weighted average return on equity for 2021 was 2.42%, an increase of 1.55 percentage points from 2020[20]. - The company achieved an operating revenue of CNY 3,578.57 million in 2021, representing a year-on-year increase of 33.79%[57]. - The net profit attributable to shareholders was CNY 151.25 million, up 182.43% year-on-year, while the net profit after deducting non-recurring gains and losses increased by 221.13%[57]. Operational Highlights - The company produced 1.154 million tons of coke and purchased 0.956 million tons of raw coal, ensuring raw material supply[30]. - The company sold 90,400 tons of methanol and generated 310 million kWh of electricity during the year[30]. - In Q3 2021, the company experienced a significant increase in revenue due to a rise in coke prices, with Q3 revenue reaching CNY 1,012,592,275.24[23]. - The net profit for Q3 2021 was CNY 42,257,293.64, contributing to the overall strong performance of the company[23]. - The company completed the construction of a new hazardous waste storage facility, achieving a 100% utilization rate for hazardous waste disposal[32]. - The company produced 1.154 million tons of coke (including coke powder and coke particles) in 2021, with a sales volume of 1.172 million tons[57]. Strategic Initiatives - The company has a clear strategy for future development, although specific forward-looking statements are subject to investment risks[4]. - The company plans to continue focusing on improving cash flow management and optimizing inventory levels to enhance operational efficiency[20]. - The company is actively constructing new coal mines to achieve self-sufficiency in raw coal supply, with two new mines starting construction in April 2021[30]. - The company is transitioning from traditional coal chemical products to new materials, focusing on graphene and intermediate carbon microspheres[44]. - The company is actively pursuing the development of graphene applications in consumer electronics and thermal management materials[56]. - The company plans to expand its hydrogen energy industry presence in Northeast China through a strategic partnership aimed at comprehensive breakthroughs in technology and market promotion[52]. Environmental and Safety Management - The company has improved its environmental management practices, including wastewater treatment and VOCs emission control[32]. - The company has implemented a series of safety management measures, enhancing employee safety awareness and responsibility[31]. - The company has established a monitoring plan for pollutant emissions in accordance with the newly issued Pollutant Discharge Permit Management Regulations, ensuring total emissions are within permitted limits[84]. - The company has committed to reusing treated industrial wastewater, ensuring no discharge during the reporting period[175]. - The company has implemented pollution prevention facilities, including dust removal systems and flue gas treatment technologies, to effectively reduce emissions[175]. - The company has established an environmental self-monitoring plan and has engaged a third-party for onsite testing, with results publicly disclosed[178]. Research and Development - The company has increased R&D investment in high-quality needle coke production, collaborating with China University of Petroleum for experimental analysis[35]. - The company’s research and development expenses increased by 10.87% to CNY 14.24 million, reflecting a commitment to new product development[59]. - The company is actively collaborating with domestic research institutions to address technological challenges in its transition to new energy and materials[124]. - The company aims to enhance its product offerings by developing high-end graphite products, including natural large flake graphite and high-purity graphite, targeting a production of 60,000 tons/year of graphite concentrate with a carbon content of over 95%[119]. Corporate Governance - The company has established an "Investor Relations Management System" to enhance communication channels with investors and ensure their rights are respected[131]. - The company held multiple shareholder meetings in 2021, including the approval of a non-public stock issuance plan and related agreements[132]. - The company is committed to maintaining independence from its controlling shareholders and has implemented measures to ensure this[131]. - The company has a structured management system for subsidiaries, focusing on risk control and support for investment projects[159]. - The company received a standard unqualified opinion on its internal control audit for 2021 from Zhongshui Asia Pacific Accounting Firm[160]. Legal and Compliance - The company is involved in a significant lawsuit with a total amount of 625,045,137.55 RMB, which is currently under review by the Heilongjiang Provincial High Court[193]. - The company has been ordered to pay 42.33 million RMB and additional costs totaling 28.3472 million RMB in a civil lawsuit, with a net payment of 37.041525 million RMB due to the plaintiff[194]. - The company has not faced any delisting risks or bankruptcy restructuring issues during the reporting period[193]. - The company has not reported any significant changes in its integrity status during the reporting period[195]. Market and Sales - The company plans to continue expanding its coal chemical and new materials sectors to capitalize on rising demand and improve profitability[62]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the technology sector[134]. - The company is expanding its market presence by enhancing its capabilities in hazardous waste disposal and improving its environmental management systems[85]. - The company is investing in R&D, with a budget allocation of 2 million for new technology development aimed at enhancing product efficiency[134].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,012,592,275.24, representing a year-on-year increase of 76.15%[3] - Net profit attributable to shareholders for the same period was ¥42,257,293.64, a significant increase of 1,463.57% compared to the previous year[3] - The basic earnings per share for Q3 2021 was ¥0.03, reflecting an increase of 1,664.71% year-on-year[3] - Total operating revenue for the first three quarters of 2021 reached ¥2,595,425,033.27, a significant increase of 49.5% compared to ¥1,737,797,815.71 in the same period of 2020[17] - In Q3 2021, the company's net profit reached CNY 107,524,859.68, a significant increase from CNY 13,093,191.14 in Q3 2020, representing a growth of approximately 720%[18] - The company reported a total profit of CNY 158,055,418.25 in Q3 2021, compared to CNY 19,495,510.22 in Q3 2020, marking an increase of around 708%[18] - The basic earnings per share for Q3 2021 was CNY 0.08, compared to CNY 0.01 in Q3 2020, representing an increase of 700%[19] Assets and Liabilities - Total assets as of the end of Q3 2021 amounted to ¥11,758,183,842.26, showing a growth of 6.02% from the end of the previous year[4] - The total liabilities increased to ¥4,847,814,220.43 from ¥4,215,663,023.83, indicating a growth of 15% year-over-year[14] - The company's inventory as of September 30, 2021, was ¥1,040,511,262.93, down 11.6% from ¥1,177,854,304.97 a year earlier[13] - The long-term equity investments rose to ¥35,333,258.48, compared to ¥30,273,681.26 in the same period last year, marking an increase of 16.8%[13] Cash Flow - Cash flow from operating activities for the year-to-date reached ¥387,467,093.57, marking a 135.72% increase compared to the same period last year[3] - Net cash flow from operating activities increased by 135.72% year-on-year, mainly due to rising prices of major products[7] - The net cash flow from operating activities for the first nine months of 2021 was CNY 387,467,093.57, up from CNY 164,373,493.38 in the previous year, reflecting a growth of approximately 135%[21] - The cash and cash equivalents at the end of Q3 2021 were CNY 119,856,819.61, a decrease from CNY 220,647,391.94 at the end of Q3 2020[22] - The company incurred a net cash outflow from investing activities of CNY 208,263,683.30 in the first nine months of 2021, compared to a net outflow of CNY 131,061,733.27 in the same period of 2020[22] - The total cash inflow from financing activities in Q3 2021 was CNY 929,560,698.97, down from CNY 1,202,446,164.33 in Q3 2020[22] - The company reported a decrease in the net cash flow from financing activities, which was -CNY 179,417,966.67 in the first nine months of 2021, compared to a positive flow of CNY 42,459,241.19 in the same period of 2020[22] Operating Costs and Expenses - Operating revenue increased by 49.35% compared to the same period last year, primarily due to increased sales volume and price of coke and coal[7] - Operating costs rose by 49.24% year-on-year, mainly due to higher costs associated with coke and coal production[7] - Tax and additional fees increased by 81.57% year-on-year, driven by higher sales volume and increased value-added tax[7] - Financial expenses surged by 281.22% compared to the previous year, attributed to increased bond interest and discount interest expenses[7] - Research and development expenses for the first three quarters of 2021 were ¥9,689,111.63, slightly up from ¥9,498,203.37 in 2020[17] Future Plans and Investments - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[1] - The company plans to increase capital for its wholly-owned subsidiary, Jixi Baotailong Investment Co., Ltd., which has been approved by the board[10] - The company plans to expand its market presence and invest in new product development to drive future growth[17] Legal Matters - The company is currently involved in a civil lawsuit with Jiangsu Nanda Environmental Technology Co., Ltd., with a judgment pending appeal[10] Other Financial Metrics - Non-recurring gains and losses for Q3 2021 totaled ¥549,384.12, with a year-to-date total of ¥4,252,997.80[6] - The company reported a net profit margin improvement, with net profit for the first three quarters showing a positive trend compared to the previous year[17] - Long-term borrowings increased by 52.74% as a result of new bank loans for working capital[6] - Long-term payables increased by 782.24% due to the acquisition of mining rights for Donghui Coal Mine and Hengshan Coal Mine[7] - The total number of ordinary shareholders at the end of the reporting period was 105,066[9]