Financial Performance - Operating revenue decreased by 4.77% to CNY 271,899,014.62 compared to the same period last year[10] - Net profit attributable to shareholders increased slightly by 0.18% to CNY 15,680,253.94 compared to the same period last year[10] - Net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 33.43% to CNY 10,378,983.34 compared to the same period last year[10] - Total operating revenue for the current period is ¥271,899,014.62, a decrease of 4.4% from ¥285,511,226.13 in the previous period[29] - Total operating costs for the current period are ¥259,507,769.23, down 2.7% from ¥266,702,142.58 in the previous period[30] - Net profit for the current period is ¥15,680,253.94, slightly up from ¥15,652,366.33 in the previous period, reflecting a growth of 0.2%[31] - Basic earnings per share for the current period is ¥0.0392, compared to ¥0.0391 in the previous period, indicating a marginal increase[31] Assets and Liabilities - Total assets increased by 0.74% to CNY 1,353,393,296.21 compared to the end of the previous year[10] - The company's total assets as of March 31, 2014, were CNY 1,353,393,296.21, up from CNY 1,343,467,635.82 at the beginning of the year, reflecting an increase of about 0.7%[24] - Total liabilities decreased to CNY 444,700,596.98 from CNY 450,479,976.95, a decrease of approximately 1.7%[23] - Total liabilities are ¥442,348,941.56, a decrease from ¥447,996,035.40 in the previous period[27] - Owner's equity totals ¥887,357,970.33, up from ¥873,380,028.68 in the previous period, reflecting a growth of 1.1%[27] Cash Flow - Cash flow from operating activities was CNY 7,430,697.11, a significant improvement from a negative CNY 37,004,100.69 in the same period last year[10] - Cash generated from operating activities is ¥298,266,605.56, down 6.6% from ¥319,429,513.50 in the previous period[34] - Operating cash inflow totaled ¥298,732,113.81, a decrease of 8.5% from ¥324,892,104.38 in the previous period[35] - Net cash flow from operating activities was ¥7,430,697.11, a significant improvement from a net outflow of ¥37,004,100.69 in the previous period[35] - Cash outflow from investing activities was ¥1,681,468.26, compared to ¥209,407.71 in the previous period, indicating increased investment activity[36] - Cash inflow from financing activities was ¥55,292,086.29, a decrease of 43.8% from ¥98,353,560.72 in the previous period[36] - Net cash flow from financing activities was -¥6,189,454.47, an improvement from -¥18,844,117.45 in the previous period[36] - The ending balance of cash and cash equivalents was ¥233,015,522.10, down from ¥610,501,973.76 in the previous period[36] - Total cash and cash equivalents increased by ¥5,275,416.59, contrasting with a decrease of ¥36,512,831.10 in the previous period[36] Shareholder Information - The number of shareholders reached 24,578 at the end of the reporting period[13] - The largest shareholder, EPOXY BASE INVESTMENT HOLDING LTD., holds 52.5% of the shares with a total of 210,000,000 shares[13] Other Financial Metrics - Significant increase in prepayments by 127.60% to CNY 2,944,181.31 due to increased advance payments for diesel and electricity[17] - The company reported an investment income of ¥6,238,788.94 for the current period, compared to zero in the previous period[30] - The company has no long-term borrowings or bonds payable, indicating a conservative capital structure[27] - The company's retained earnings increased to CNY 224,803,630.72 from CNY 209,123,376.78, reflecting a growth of approximately 7.5%[24] - The company reported a decrease in cash received from borrowings to CNY 55,292,086.29, down 43.78% from CNY 98,353,560.72[21] - Cash paid for debt repayment decreased to CNY 61,155,164.75, down 46.38% from CNY 114,053,158.30[21] - The company received ¥53,063,911.20 from other investment-related activities, indicating a new source of cash inflow[39] - The company paid ¥61,155,164.75 in debt repayments, reflecting ongoing financial obligations[40]

Financial Performance - The net profit attributable to shareholders for 2013 was RMB 67,310,485.81, an increase of 40.98% compared to RMB 47,744,574.46 in 2012[5]. - The company's operating revenue for 2013 was RMB 1,207,385,292.37, a decrease of 1.88% from RMB 1,230,485,104.43 in 2012[19]. - Basic earnings per share for 2013 were RMB 0.17, reflecting a 30.77% increase from RMB 0.13 in 2012[18]. - The weighted average return on equity increased to 7.77% in 2013 from 6.90% in 2012, an increase of 0.87 percentage points[18]. - The company reported a net profit of RMB 53,028,240.09 after deducting non-recurring gains and losses, which is a 17.51% increase from RMB 45,126,692.68 in 2012[19]. Cash Flow and Assets - The net cash flow from operating activities was RMB 45,505,785.40, a significant decrease of 67.15% compared to RMB 138,518,725.21 in 2012[19]. - The company's total assets at the end of 2013 were RMB 1,343,467,635.82, a decrease of 2.57% from RMB 1,378,937,719.34 at the end of 2012[19]. - The company reported a significant drop in cash and cash equivalents, which decreased by 65.86% to CNY 227,740,105.51[31]. - The company's current assets totaled CNY 1,224,594,825.63, down from CNY 1,259,075,830.45, a decrease of approximately 2.7%[111]. - Cash and cash equivalents decreased significantly from CNY 667,014,804.86 to CNY 227,740,105.51, a decline of approximately 65.9%[111]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB 0.52 per 10 shares, amounting to RMB 20,800,000, which is 30.9% of the net profit attributable to shareholders[5]. - In 2013, the company distributed cash dividends amounting to 67,310,485.81 RMB, representing a payout of 0.52 RMB per share, with a net profit margin of 30.90%[50]. - The company’s cash dividend policy stipulates that at least 30% of the distributable profit for the year must be distributed in cash[49]. Research and Development - R&D expenses totaled CNY 35,254,851.21, representing 2.92% of operating income and a decrease of 29.63% compared to the previous year[29]. - The company had a total of 11 R&D projects in 2013, with 3 products entering mass production and 8 in pilot testing[29]. - The company has applied for at least 2 patents annually over the past three years, with a total of 13 invention patents granted and 59 non-patent technologies developed[33]. Market and Customer Insights - The top five customers accounted for 30.58% of total sales, with total sales amounting to CNY 369,204,848.64[24]. - The electronic industry contributed 60.58% to total revenue, while the paint industry accounted for 34.46%[24]. - The company has increased customer prepayments, indicating strong demand for its products[33]. Environmental and Regulatory Compliance - The company has been recognized as an environmentally friendly enterprise and has received multiple awards for its clean production practices[42]. - The company maintained compliance with environmental regulations, achieving stable pollutant emissions that met national standards, and received recognition as a "Clean Production Enterprise" in Guangdong Province[51]. - The company has implemented advanced environmental protection technologies to enhance its waste treatment systems, contributing to resource recycling and sustainable development[51]. Corporate Governance and Management - The company has established a governance structure with a board of directors, supervisory board, and management team to ensure orderly operations[93]. - The total number of employees in the parent company is 221, while the main subsidiaries have 15 employees, resulting in a total of 236 employees[89]. - The company has maintained a stable management team with long tenures, contributing to its operational consistency[84]. Shareholder Structure and Changes - The total number of shares before the change was 400,000,000, with a breakdown of 300,000,000 restricted shares (75%) and 100,000,000 unrestricted shares (25%)[61]. - The largest shareholder, EPOXY BASE INVESTMENT HOLDING LTD., holds 210,000,000 shares, accounting for 52.5% of total shares[68]. - The total number of shareholders at the end of the reporting period was 28,657, compared to 27,271 five trading days before the report[68]. Financial Reporting and Compliance - The company’s financial statements comply with the accounting standards and accurately reflect its financial position, operating results, and cash flows[155]. - The company did not report any new product launches or technological advancements in the current financial year[136]. - The company has established a robust internal control system to ensure the effective execution of its responsibilities[102].