Financial Performance - The company's operating revenue for the first half of 2022 was CNY 55,033,121,530.89, a decrease of 4.64% compared to CNY 57,713,656,876.27 in the same period last year[13]. - The net profit attributable to shareholders of the listed company was CNY 1,835,550,026.15, down 3.99% from CNY 1,911,844,630.53 year-on-year[13]. - The net profit after deducting non-recurring gains and losses was CNY 598,458,285.96, a significant decrease of 59.42% compared to CNY 1,474,885,330.43 in the previous year[13]. - The net cash flow from operating activities was CNY 3,751,692,844.27, representing a decline of 65% from CNY 10,575,088,436.30 in the same period last year[13]. - The company reported a significant decline in cement demand due to the real estate sector's downturn, leading to a high inventory level and price competition in the industry[41]. - The company reported a total of 8.24 tons of sulfur dioxide emissions, which is below the regulatory limit of 30 mg/m³[50]. Assets and Liabilities - The net assets attributable to shareholders of the listed company increased by 7.98% to CNY 67,001,690,300.40 from CNY 62,047,950,901.03 at the end of the previous year[13]. - Total assets rose by 1.89% to CNY 283,932,219,018.89 compared to CNY 278,663,432,333.18 at the end of the previous year[13]. - The company's cash and cash equivalents at the end of the period were 19,421,041,451.93 CNY, a decrease of 11.4% from the previous year[31]. - Total current assets decreased from ¥169.96 billion to ¥161.58 billion, a decline of approximately 4.1%[95]. - Total liabilities decreased from ¥190.82 billion to ¥185.81 billion, a reduction of about 2.6%[97]. Earnings and Profitability - Basic earnings per share for the first half of 2022 were CNY 0.13, a decrease of 7.14% from CNY 0.14 in the same period last year[14]. - The diluted earnings per share were also CNY 0.13, reflecting the same percentage decrease of 7.14% year-on-year[14]. - The gross margin for the concrete business was 7.00%, down 6 percentage points year-on-year, with a sales volume of 5.13 million cubic meters, a decline of 28.8%[26]. - The company reported a total comprehensive income of RMB 1,791,102,777.14 for the period, indicating a recovery from previous losses[114]. Investment and Capital Expenditure - The company has initiated the construction of the Jidong Cement Panshi Green Building Materials Industrial Park, enhancing its development foundation in Northeast China with a focus on green development[23]. - The company has added 249 million tons of new mining reserves in the Inner Mongolia region, addressing historical challenges in resource extraction[23]. - The company reported a total investment in joint ventures of approximately 2.5 billion CNY, with significant contributions from various subsidiaries[36]. - The company reported a significant increase in investment in Nanjing Huayu Real Estate Development Co., Ltd. by 40.07 million CNY, totaling 498.45 million CNY[37]. Research and Development - The company’s investment in new technologies includes high-efficiency cement vertical mills and waste disposal systems, achieving industry-leading standards[21]. - The company reported research and development expenses increased to CNY 196,413,341.28 in the first half of 2022, compared to CNY 179,590,663.30 in the same period of 2021, representing a growth of 9.34%[101]. - The company has achieved a total of 225 authorized patents, including 39 invention patents and 3 software copyrights, reflecting its commitment to technological innovation[23]. Environmental Compliance - The company is committed to maintaining compliance with environmental standards while pursuing growth strategies[52]. - The company has implemented measures to ensure that emissions from its facilities remain compliant with national standards, reflecting a proactive approach to environmental management[57]. - The company achieved a total of 3.25 tons of sulfur dioxide emissions, under the limit of 30 mg/m³[50]. - The company completed the construction of 8 SCR denitrification projects in the first half of 2022, enhancing nitrogen oxide emission control[60]. Market Strategy and Expansion - The company’s market expansion strategy includes entering 16 cities, with a focus on the Beijing-Tianjin-Hebei region and the Yangtze River Delta[21]. - The company plans to enhance its market position by leveraging strategic partnerships and focusing on technological innovation to drive growth in new green building materials[39]. - The company intends to capitalize on urban renewal opportunities by actively participating in land acquisition and product turnover in key cities like Beijing and Shanghai[41]. Financial Strategy - The company issued CNY 3 billion of perpetual corporate bonds, optimizing its financing structure and reducing the weighted average financing cost to 3.89%, a decrease of 44 basis points year-on-year[24]. - The company has maintained a consistent annual interest payment structure for its bonds, ensuring investor confidence[86]. - The company has not faced any overdue bonds or repayment issues during the reporting period[87]. Corporate Governance - There were significant changes in the board of directors, with the resignation of the chairman, executive director, and other key management personnel[45]. - The company reported no profit distribution or capital reserve transfer plan for the half-year period, with 0 shares for every 10 shares distributed as dividends[46]. - The company and its major shareholders maintained a good credit status, with no overdue debts or unfulfilled commitments[71].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 23,084,249,338.47, representing a year-on-year increase of 0.63%[4] - Net profit attributable to shareholders was CNY 275,674,941.62, reflecting a significant increase of 24.77% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses reached CNY 175,252,211.22, marking a substantial increase of 163.38% year-on-year[4] - Net profit for Q1 2022 was CNY 163,826,441.20, a decrease of 60.32% from CNY 412,198,960.24 in Q1 2021[19] - Operating profit for Q1 2022 was CNY 286,337,875.62, down from CNY 586,090,937.30 in Q1 2021[19] - The total comprehensive income for the first quarter of 2022 was CNY 151,173,943.78, compared to CNY 415,191,725.90 in the same period of 2021, reflecting a significant decrease[20] Cash Flow - The net cash flow from operating activities decreased by 82.06%, amounting to CNY 203,160,764.54, primarily due to reduced sales in the real estate sector impacted by the pandemic[9] - The net cash flow from operating activities was CNY 203,160,764.54, down from CNY 1,132,135,346.47 year-over-year[21] - The company's cash outflow from operating activities totaled CNY 22,907,008,171.76, compared to CNY 27,910,372,070.45 in the previous year[21] - The cash flow from operating activities was significantly impacted by a decrease in cash received from customers, which totaled CNY 23,110,168,936.30, down from CNY 29,042,507,416.92 in the previous year[21] - The total cash inflow from financing activities was CNY 18,184,385,417.34, compared to CNY 13,518,810,000.00 in the previous year[22] - The company experienced a net cash outflow from investing activities of CNY -2,173,093,503.64, compared to CNY -297,198,227.54 in the same quarter of 2021[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 282,574,616,083.25, a decrease of 1.32% from the end of the previous year[5] - The company's total assets stood at ¥282,574,616,083.25, down from ¥286,356,810,441.58, indicating a decrease of approximately 1.4%[15] - The company's total liabilities decreased to CNY 184,103,874,939.84 from CNY 190,823,004,007.16 year-over-year[16] - Total current liabilities decreased to ¥111,187,466,260.94 from ¥119,733,796,127.82, a reduction of approximately 7.2%[15] - Long-term borrowings rose to ¥35,742,682,384.06 from ¥29,001,712,449.80, marking an increase of about 23.2%[15] - The company's total equity increased to ¥54,976,699,662.01 from ¥52,250,945,266.63 in the previous quarter[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 129,657[10] - The largest shareholder, Beijing State-owned Capital Operation Management Co., Ltd., held 44.93% of the shares[10] Research and Development - Research and development expenses for Q1 2022 were CNY 76,886,385.31, slightly down from CNY 78,746,108.01 in Q1 2021[19] - Research and development expenses for Q1 2022 were ¥1,367,936.14, indicating a new investment in innovation[26] Investment Income - The company reported a significant decrease in investment income, with a loss of CNY 8,549,689.76 compared to a gain of CNY 61,354,610.27 in Q1 2021[19] - The company reported an investment income of ¥35,040,399.78 in Q1 2022, a significant drop from ¥1,394,657,634.37 in Q1 2021[28] Cash and Cash Equivalents - As of March 31, 2022, the company's cash and cash equivalents amounted to ¥18,275,143,479.07, a decrease of approximately 16.1% from ¥21,921,968,519.94 at the end of 2021[13] - Cash and cash equivalents at the end of the first quarter of 2022 were CNY 12,587,376,218.32, down from CNY 19,463,605,950.98 at the end of 2021[22] - The cash and cash equivalents at the end of Q1 2022 stood at ¥6,118,688,230.52, down from ¥10,105,731,357.23 at the end of Q1 2021, reflecting a decrease of 39.2%[31]

Financial Performance - The company's operating revenue for 2021 was RMB 123.63 billion, an increase of 14.5% from RMB 108.00 billion in 2020[4]. - Net profit attributable to shareholders of the parent company was RMB 2.93 billion, representing a growth of 3.1% compared to RMB 2.84 billion in 2020[4]. - The core net profit attributable to shareholders (excluding fair value gains from investment properties) was RMB 2.44 billion, a slight decrease of 0.2% from RMB 2.45 billion in 2020[4]. - Basic earnings per share remained at RMB 0.27, while diluted earnings per share increased by 5.3% to RMB 0.20 from RMB 0.19[4]. - The total profit was approximately RMB 7,880.5 million, reflecting a year-on-year increase of about 1.1%[57]. - The company achieved a revenue of approximately RMB 123,634.4 million for the year, representing a year-on-year increase of about 14.5%[43]. - The company reported a gross profit margin of 15.8% for its total operations, which decreased by 3.1 percentage points compared to the previous year[71]. Dividends and Shareholder Returns - The company declared a final dividend of RMB 0.104 per share, a significant increase of 73.3% from RMB 0.06 in the previous year[4]. - The board proposed a final dividend of RMB 0.104 per share, totaling approximately RMB 1,110,488,198, subject to shareholder approval[135]. - The company issued a final dividend of RMB 0.06 per share for the year 2020, with the payment date on July 9, 2021[200]. - For the year 2021, the proposed final dividend is RMB 0.104 per share, with the payment date scheduled for July 8, 2022[200]. Assets and Liabilities - Total assets decreased by 1.7% to RMB 286.36 billion from RMB 291.35 billion in the previous year[4]. - The company's debt-to-asset ratio improved to 66.6%, down 1.0 percentage points from 67.6% in 2020[4]. - The group's net current assets were approximately RMB 50,224.9 million, a decrease of about RMB 13,634.5 million compared to the beginning of the reporting period[109]. - The asset-liability ratio was approximately 66.6%, a decrease of about 1.0 percentage points compared to the beginning of the reporting period[109]. - As of December 31, 2021, the company's total assets pledged for loans amounted to RMB 34,974.7 million, representing approximately 12.2% of total assets[118]. Market Position and Capacity - The company is positioned as the third-largest cement producer in China, with a clinker capacity of approximately 120 million tons and a cement capacity of about 170 million tons[8]. - Cement production capacity is approximately 120 million tons, with a concrete production capacity of about 54 million cubic meters[48]. - The company is focusing on enhancing its market control in the Beijing-Tianjin-Hebei region through mergers, restructuring, and strategic cooperation[44]. Real Estate Development - The company has developed over 170 real estate projects with a total construction area of approximately 30 million square meters and total assets of RMB 150 billion[10]. - The real estate development segment achieved a revenue of approximately RMB 39,730 million, a year-on-year increase of about 26.9%[71]. - The total area delivered during the year was approximately 1,833,600 square meters, a year-on-year increase of about 20.7%[67]. - The company acquired 9 new land parcels in 7 locations, adding a total of 760,000 square meters of equity area[44]. Technological Innovation and Development - The company emphasizes technological innovation and has created a comprehensive system of prefabricated construction products[9]. - The company is committed to technological innovation, establishing a comprehensive innovation ecosystem centered around "government-industry-academia-research-application-finance"[44]. - The company is focusing on the development of intelligent, green, ecological, and safe construction materials to establish itself as a benchmark enterprise in the industry[82]. - The company is implementing a three-year action plan for technological innovation (2021-2023) to enhance its innovation capabilities and establish a comprehensive innovation ecosystem[86]. Environmental and Social Responsibility - The company is focusing on green and low-carbon development, promoting digital transformation, and enhancing its manufacturing capabilities[80]. - The company has become the only demonstration enterprise in Beijing for the clean production partnership project in the Beijing-Tianjin-Hebei region[87]. - The company has actively promoted environmental standardization and has not experienced any major environmental pollution incidents during the reporting period[145]. - The company’s pollution emission levels are significantly lower than national special emission limits, particularly in key regions like Beijing-Tianjin-Hebei and Fenwei Plain[90]. Governance and Management - The company has established a risk management program to identify and control various risks in line with the best interests of the company and its shareholders[122]. - The company has adhered to compliance policies and procedures to ensure compliance with applicable laws and regulations[148]. - The Supervisory Board held six meetings during the reporting period to oversee the company's financial situation and compliance with legal operations[179]. - The company confirmed that there were no significant violations of laws or regulations in its operations or management practices during the reporting period[184]. Future Outlook and Strategy - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 12% to 15%[19]. - The company aims to enhance supply chain resilience through structural and technological policies, promoting digital transformation and innovation in manufacturing[96]. - The company anticipates favorable conditions for achieving its 2022 objectives due to supportive fiscal and monetary policies[45]. - The company is committed to high-quality development and innovation, focusing on digitalization and upgrading the industrial chain[97].

Financial Performance - In 2021, the company achieved a net profit attributable to shareholders of RMB 2,933,014,544.76, representing a 3.14% increase compared to 2020[5]. - The company's total revenue for 2021 was RMB 123,634,448,111.9, reflecting a 14.47% increase from RMB 108,004,884,351.3 in 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,680,370,224.50, a decrease of 13.10% from the previous year[20]. - The company reported a net cash flow from operating activities of CNY 9.44 billion in Q2 2021, but a negative cash flow of CNY 2.34 billion in Q3 2021[22]. - The company reported a revenue of $1.5 billion for the fiscal year 2021, representing a 10% increase year-over-year[119]. - The company reported a revenue increase of 15% year-over-year, reaching ¥10 billion in the latest quarter[126]. Revenue Segmentation - The cement segment generated a revenue of 43.19 billion RMB, with a gross margin of 26.79%, despite a 7% decline in sales volume[63]. - The new building materials and trade logistics segment saw a revenue increase of 18.1% to 38.91 billion RMB, with a significant gross profit increase of 69.7%[56]. - The real estate segment reported a revenue of 39.73 billion RMB, up 26.88%, with a total area transferred of 1.83 million square meters, a 20.73% increase[57]. - The property investment and management segment's revenue decreased by 5% to 4.52 billion RMB, with an average rental rate of 4.9 RMB per square meter per day[58]. Operational Efficiency - The company emphasized cost control and market expansion in its new building materials and trade logistics sectors, aiming to increase the proportion of high-value products[30]. - The company aims to enhance its operational capabilities in commercial real estate and has established a professional team to improve management efficiency[34]. - The company aims to improve project return rates and enhance the speed of capital turnover in real estate operations[99]. - Operational efficiency improvements are expected to reduce costs by 5%, enhancing overall profitability[116]. Research and Development - Research and development expenses increased by 28.82% to 346.73 million RMB, indicating a focus on innovation[59]. - The company has established 67 national high-tech enterprises, with 11 new additions this year, and has received 10 provincial and ministerial-level science and technology awards[49]. - The company plans to invest $50 million in R&D for new technologies aimed at enhancing user experience[120]. - The company is investing 500 million yuan in research and development for new technologies aimed at improving production efficiency[121]. Market Expansion and Strategy - The company is focusing on expanding its market presence in the Beijing-Tianjin-Hebei region, with limestone reserves totaling 1.664 billion tons[38]. - The company plans to implement a "14th Five-Year Plan" focusing on high-quality development, innovation, and digitalization to achieve steady growth and industry upgrades[87]. - The company is expanding its market presence, targeting a 25% increase in market share in the next two years[116]. - The company plans to expand into the Southeast Asian market, targeting a 20% increase in regional sales by 2023[119]. Environmental Compliance and Sustainability - The company is classified as a key pollutant discharge unit, with specific emissions data reported, including 37.95 tons of sulfur dioxide and 471.13 tons of nitrogen oxides from its Tangshan subsidiary[169]. - The company has maintained compliance with pollution discharge standards, with no exceedances reported for major pollutants during the reporting period[169]. - The company has implemented strict environmental management protocols for new and expanded projects, ensuring compliance with environmental impact assessments and obtaining necessary permits[192]. - The company aims to achieve a 15% reduction in overall emissions by 2025 as part of its sustainability initiatives[176]. Corporate Governance - The company has been recognized as a model enterprise for corporate governance by the State-owned Assets Supervision and Administration Commission[101]. - The company held 18 board meetings during the reporting period, approving a total of 66 proposals, all in compliance with relevant regulations[102]. - The company’s board of directors has maintained a high attendance rate, with no directors missing meetings without a valid reason[139]. - The company has a structured decision-making process for the remuneration of directors and senior management, which is reviewed by the board[135]. Shareholder Engagement - The company plans to maintain a minimum cash dividend ratio of 80% for mature stages without major capital expenditures, and 40% if there are significant expenditures[156]. - The total pre-tax compensation for the board members and senior management amounted to 25.82 million CNY[112]. - The company’s profit distribution plan requires thorough consideration of operational sustainability and investor returns before implementation[157]. - The company reported a positive profit for the reporting period, with net profit available for distribution to shareholders being positive, but no cash profit distribution plan was proposed[162].

Financial Performance - The company's operating revenue for Q3 2021 was approximately ¥29.69 billion, a decrease of 3.94% compared to the same period last year[4]. - Net profit attributable to shareholders was approximately ¥804.46 million, down 32.55% year-over-year[4]. - The basic earnings per share for the quarter was ¥0.08, reflecting a decrease of 32.55% compared to the previous year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥87.41 billion, a 21.6% increase from ¥71.84 billion in the same period of 2020[17]. - Net profit for the first three quarters of 2021 was ¥4.57 billion, compared to ¥4.43 billion in the same period of 2020, reflecting a 3.2% increase[18]. - The company reported a basic and diluted earnings per share of CNY 0.25, unchanged from the previous year[19]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥283.38 billion, a decrease of 2.74% from the end of the previous year[5]. - As of September 30, 2021, total assets amounted to RMB 283.38 billion, a decrease from RMB 291.35 billion at the end of 2020, reflecting a decline of approximately 2.9%[13]. - Current assets totaled RMB 174.58 billion, down from RMB 182.67 billion, indicating a decrease of about 4.4%[14]. - Total liabilities were RMB 174.58 billion, reflecting a decrease from RMB 182.67 billion, indicating a decline of about 4.4%[14]. - Total liabilities decreased to ¥189.71 billion in Q3 2021 from ¥196.90 billion in Q3 2020, a reduction of 3.6%[16]. - Total equity attributable to shareholders was ¥61.59 billion in Q3 2021, down from ¥63.38 billion in Q3 2020, a decline of 2.8%[18]. Cash Flow - Cash flow from operating activities for the year-to-date was approximately ¥8.24 billion, an increase of 431.02% compared to the same period last year[5]. - Net cash flow from operating activities reached CNY 8,238,260,061.32, significantly up from CNY 1,551,403,825.35 in the same period last year[21]. - Cash received from the sale of goods and services was CNY 84,155,959,760.73, compared to CNY 72,984,199,826.64 in the previous year[20]. - Cash flow from financing activities resulted in a net outflow of CNY -17,115,336,742.82, compared to a net inflow of CNY 3,260,751,029.41 in the previous year[22]. - Total cash and cash equivalents at the end of the period were CNY 13,494,291,758.76, down from CNY 17,960,452,521.23 at the end of the previous year[22]. Expenses and Investments - Research and development expenses increased by 50.3% year-over-year, primarily due to enhanced efforts in new materials and product development[9]. - Research and development expenses increased to ¥354.67 million in 2021 from ¥235.92 million in 2020, marking a 50.2% rise[17]. - The company reported a financial expense of ¥1.80 billion in 2021, down 27.5% from ¥2.49 billion in 2020[17]. - Total cash inflow from investment activities was CNY 3,724,967,895.21, up from CNY 2,194,451,399.34 year-on-year[21]. Other Notable Points - The company reported a significant increase in contract assets, up 151.2% compared to the beginning of the year, attributed to completed but unsettled engineering projects[8]. - The company experienced a 146.1% increase in notes payable, driven by expanded business operations during the reporting period[8]. - Non-operating income for the quarter was approximately ¥340.51 million, an increase of 210.3% compared to the same period last year[9]. - The company reported a net loss from the disposal of non-current assets of approximately ¥103.49 million during the quarter[6]. - The company has not indicated any new product launches or technological advancements during this reporting period[12]. - There are no significant mergers or acquisitions reported in the current quarter[12]. - The company plans to continue focusing on market expansion and new product development as part of its future strategy[18].

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥57.71 billion, an increase of 41.01% compared to ¥40.93 billion in the same period last year[14]. - The net profit attributable to shareholders for the first half of 2021 was ¥1.91 billion, representing a 25.48% increase from ¥1.52 billion in the previous year[14]. - The net cash flow from operating activities was ¥10.58 billion, a significant increase of 277.99% compared to ¥2.80 billion in the same period last year[14]. - The basic earnings per share for the first half of 2021 was ¥0.14, up 40.00% from ¥0.10 in the same period last year[14]. - The total profit for the period was CNY 4.41 billion, up 31.2% year-on-year, while net profit reached CNY 3.22 billion, reflecting a 47.2% increase[23]. - The company reported a net profit excluding non-recurring gains and losses of ¥1.47 billion, which is a 29.20% increase from ¥1.14 billion in the previous year[14]. - The company achieved a total of 14.68 tons of sulfur dioxide emissions at Tangshan Jidong Cement, also below the 30 mg/m³ limit[47]. - The company reported a total of 10.38 tons of sulfur dioxide emissions, which is below the limit of 30 mg/m³[47]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥278.66 billion, a decrease of 4.36% from ¥291.35 billion at the end of the previous year[14]. - The total liabilities decreased from ¥196.90 billion to ¥185.21 billion, a decline of approximately 5.5%[96]. - The company's inventory stood at RMB 116.94 billion, accounting for 41.96% of total assets, showing a slight decrease of 3.03%[30]. - The debt-to-asset ratio improved slightly to 66.46%, down 1.65% from the end of the previous year[92]. - Total current assets as of June 30, 2021, were approximately CNY 170.25 billion, down from CNY 182.67 billion at the end of 2020[95]. Market Position and Strategy - The company is the third largest cement industry group in China, with a strong market control and regional scale advantage[17]. - The company aims to integrate development and innovation while adhering to green and low-carbon principles in its operations[19]. - The company is actively planning its "14th Five-Year" development strategy to enhance its core business in green building materials and real estate[19]. - The company is focusing on green low-carbon intelligent manufacturing and digital transformation to drive the upgrade of the manufacturing industry[20]. - The company aims to enhance its core competitiveness by implementing the "Four Developments" strategy and focusing on quality, efficiency, and innovation[35]. Environmental Compliance and Emissions - The company reported emissions data for its subsidiaries, including sulfur dioxide and nitrogen oxides, with no exceedances of emission standards[46]. - The company has committed to maintaining compliance with environmental regulations while pursuing growth opportunities[48]. - The company has established an emergency response plan for environmental incidents, ensuring rapid and efficient action to minimize harm during pollution events[59]. - The company has implemented stricter emission limits, with particulate matter emissions at 18.7001 tons and nitrogen oxides at 18.3463 tons for the reporting period[55]. - The company has achieved compliance with environmental protection requirements, with a focus on enhancing pollution control facilities and reducing nitrogen oxides and volatile organic compounds[56]. Research and Development - The company initiated 28 key scientific research projects in 2021, including four major technology special projects and eight key technology breakthroughs[21]. - The company applied for 154 patents, including 50 invention patents, and received 109 authorized patents, with 15 being invention patents[21]. - Research and development expenses increased by 29.65% to RMB 179.59 million, reflecting the company's commitment to innovation[28]. Shareholder and Corporate Governance - The company held two shareholder meetings during the reporting period, with all resolutions passed, including amendments to the company's articles of association and the election of directors[40]. - The company has made changes in its board and management, electing new directors and appointing a new deputy general manager[43]. - The total number of common shareholders at the end of the reporting period was 130,659[76]. - The top shareholder, Beijing State-owned Capital Operation and Management Center, held 4,797,357,572 shares, representing 44.93% of the total shares[76]. Financial Instruments and Bonds - The company issued corporate bonds with a total balance of 17.99994 billion RMB, with an interest rate of 3.5%[79]. - The company has a structured approach to managing bond risks, including measures for bond termination and overdue repayment[83]. - The company has utilized a competitive bidding system for bond issuance, ensuring transparency and efficiency in the process[82]. Future Outlook - The company plans to focus on digital transformation and smart manufacturing to improve operational efficiency and adapt to market demands[37]. - Future guidance suggests a revenue growth target of 15% year-over-year[48]. - The company aims to expand its market presence and enhance product offerings in the upcoming quarters[48].

Financial Performance - Operating revenue for the current period reached approximately ¥22.94 billion, an increase of 67.21% year-on-year[4] - Net profit attributable to shareholders of the listed company was approximately ¥220.95 million, up 61.59% from the same period last year[4] - Basic earnings per share were ¥0.02, representing a 100% increase from ¥0.01 in the same period last year[4] - Total operating revenue for Q1 2021 was approximately ¥22.94 billion, a significant increase from ¥13.72 billion in Q1 2020, representing a growth of 67.5%[20] - Net profit for Q1 2021 reached approximately ¥412.20 million, a turnaround from a net loss of ¥215.70 million in Q1 2020[21] - Total comprehensive income for the first quarter of 2021 was approximately CNY 1.26 billion, a decrease of CNY 199.55 million compared to the previous year[24] Cash Flow - Net cash flow from operating activities was approximately ¥1.13 billion, a significant increase of 129.82% compared to a negative cash flow of approximately ¥3.79 billion in the previous year[4] - Cash inflow from operating activities reached CNY 29.04 billion, up from CNY 15.04 billion in the first quarter of 2020, representing an increase of 93.5%[25] - Cash received from sales of goods and services was CNY 26.47 billion, a substantial increase from CNY 12.60 billion in the first quarter of 2020[25] - Cash outflow from investing activities totaled CNY 759.23 million, a decrease from CNY 1.62 billion in the first quarter of 2020[26] - Cash inflow from financing activities was CNY 13.52 billion, down from CNY 19.75 billion in the previous year, indicating a decrease of 31.5%[26] - The net cash flow from financing activities was negative CNY 3.52 billion, compared to a positive CNY 5.46 billion in the first quarter of 2020[26] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥290.49 billion, a decrease of 0.29% compared to the end of the previous year[4] - Total liabilities amounted to ¥196.19 billion, a slight decrease from ¥196.90 billion year-over-year[14] - Total equity reached ¥94.30 billion, down from ¥94.46 billion compared to the previous year[14] - Cash and cash equivalents decreased to ¥10.11 billion from ¥12.66 billion year-over-year, representing a decline of approximately 20.1%[16] - Current liabilities rose to ¥49.38 billion from ¥41.45 billion, marking an increase of approximately 19.0%[17] - Long-term borrowings decreased to ¥32.76 billion from ¥34.82 billion, a decline of about 5.9%[17] Shareholder Information - The total number of shareholders at the end of the reporting period was 135,218[6] - The largest shareholder, Beijing State-owned Capital Management Center, held approximately 44.93% of the shares[6] Research and Development - Research and development expenses increased by 39.56% year-on-year, reflecting the company's increased investment in R&D[9] - Research and development expenses for Q1 2021 amounted to ¥78.75 million, an increase from ¥56.42 million in Q1 2020[20] Operating Costs - Operating costs increased by 78.68% year-on-year, mainly due to higher costs in building materials and real estate sectors[9] - Total operating costs for Q1 2021 were about ¥22.73 billion, compared to ¥14.07 billion in Q1 2020, indicating an increase of 61.8%[20] Other Income and Expenses - The company reported a non-operating income of approximately ¥154.41 million for the current period[5] - Investment income increased by 57.62% year-on-year, primarily due to higher returns from joint ventures and associates[9] - The company reported investment income of approximately ¥61.35 million in Q1 2021, up from ¥38.93 million in Q1 2020[20] - Fair value changes in income decreased by 596.12% year-on-year, primarily due to the sale of investment properties and the transfer of previous years' gains[9] Employee Compensation - Employee compensation payable decreased by 37.75% compared to the beginning of the year, primarily due to the payment of last year's performance bonuses[9] - The company’s cash outflow for employee compensation was CNY 1.96 billion, an increase from CNY 1.70 billion in the first quarter of 2020[25]

Financial Performance - The company's operating revenue for Q1 2021 was ¥5,095,831,046.37, representing a 64.40% increase compared to ¥3,099,743,882.17 in the same period last year[3]. - The net profit attributable to shareholders was -¥51,485,534.03, an improvement of 81.68% from -¥280,972,698.29 year-on-year[3]. - The basic earnings per share improved to -¥0.076 from -¥0.246, reflecting an increase of ¥0.17 per share year-on-year[3]. - Total operating revenue for Q1 2021 reached ¥5,095,831,046.37, a significant increase from ¥3,099,743,882.17 in Q1 2020, representing a growth of approximately 64.4%[33]. - Total operating costs for Q1 2021 were ¥5,183,328,317.24, compared to ¥3,555,033,787.78 in Q1 2020, indicating an increase of about 46%[34]. - The company's net profit for Q1 2021 is not explicitly stated, but the increase in revenue and costs suggests a focus on growth despite rising expenses[34]. - The company reported a comprehensive income total of CNY -33,384,555.69 for the first quarter, compared to CNY -401,901,793.52 in the previous year[37]. Cash Flow - The net cash flow from operating activities increased by ¥672,314,523.56, reaching ¥418,006,380.37, compared to -¥254,308,143.19 in the previous year[3]. - The company's net cash flow from operating activities improved significantly, increasing by 264.37% to ¥418,006,380.37 compared to the same period last year[12]. - The cash flow from operating activities was CNY 5,485,612,640.25, up from CNY 3,447,873,342.37 in the previous year, indicating a strong cash generation capability[41]. - Cash inflow from operating activities totaled ¥959,299,621.81, compared to ¥587,501,033.35 in the previous year, marking an increase of approximately 63.2%[44]. - The company incurred cash outflows of ¥1,114,691,390.36 for operating activities, which is an increase from ¥600,853,016.91 in the same quarter last year[44]. Assets and Liabilities - Total assets at the end of the reporting period were ¥60,652,721,265.43, a 2.89% increase from ¥58,947,299,370.17 at the end of the previous year[3]. - The total current assets as of March 31, 2021, amount to CNY 17,884,465,906.58, an increase from CNY 15,968,634,622.83 as of December 31, 2020[26]. - The total liabilities as of March 31, 2021, are CNY 30,259,139,213.31, compared to CNY 26,797,928,703.07 at the end of 2020[28]. - The total equity attributable to shareholders of the parent company was ¥17,602,225,151.80 as of March 31, 2021, down from ¥17,711,014,572.23 at the end of 2020, a decrease of about 0.6%[32]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 116,326[6]. - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 404,256,874 shares[6]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[8]. Government Support and Investments - The company received government subsidies amounting to ¥29,688,045.02 during the reporting period[4]. - The total amount of committed investment for the new dry-process cement clinker production line project is CNY 164,435 million, with a cumulative investment of CNY 104,528.83 million, representing an investment progress of 63.57%[20]. - The Yangquanshan Mine auxiliary facilities construction project has a committed investment of CNY 18,964.5 million, with a cumulative investment of CNY 4,576.19 million, resulting in an investment progress of 24.13%[20]. Financial Management - The company's financial expenses decreased by 32.72% to ¥173,158,652.69, attributed to a reduction in the scale of interest-bearing liabilities and comprehensive interest rates[11]. - The company incurred financial expenses of CNY 84,834,775.85, down from CNY 112,187,149.16 in the previous year, reflecting improved cost management[38]. - The company reported a significant increase in investment income, rising by 190.27% to ¥18,679,828.49, mainly due to higher net profits from joint ventures[11]. - The company achieved an investment income of CNY 2,043,092,170.70, a significant recovery from a loss of CNY -20,563,416.60 in the previous year[38]. Mergers and Restructuring - The company is currently planning a major asset restructuring, with stock trading suspended since March 18, 2021, and is expected to resume trading within 10 trading days[13]. - The company approved a merger with Jinyu Jidong Cement (Tangshan) Co., Ltd. and related fundraising plans during the board meeting on March 31, 2021[13].