证券代码：603115 证券简称：海星股份 公告编号：2023-053 南通海星电子股份有限公司 关于独立董事任期届满辞职暨补选独立董事的公告 二、补选独立董事情况 公司于 2023 年 8 月 25 日召开了第四届董事会第十八次会议，审议通过了 《关于补选独立董事的议案》，经公司董事会提名委员会审核，董事会同意提 名金学军先生为公司第四届董事会独立董事候选人（简历附后），任期自公司 股东大会审议通过之日起至第四届董事会任期届满之日止。如金学军先生被股 东大会选举为独立董事，董事会同意补选其为公司第四届董事会审计委员会， 薪酬与考核委员会委员，提名委员会和战略委员会的委员，任期至第四届董事 会任期届满之日止。 公司独立董事对本次补选事项发表了同意的独立意见。 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、独立董事任期届满辞职情况 南通海星电子股份有限公司（以下简称"公司"）董事会于近日收到独立 董事李澄先生的辞职申请，因连任公司独立董事即将满 6 年，根据《上市公司 独立董事规则》、《上海证券交易所股票上市规则》、《上海 ...

证券代码：603115 证券简称：海星股份 公告编号：2023-046 南通海星电子股份有限公司 2023 年第二次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2023 年 08 月 08 日 (二)股东大会召开的地点：公司会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 3 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 156,011,100 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 65.2220 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长周小兵先生主持。 本次会议采用现场投票和网络投票相结合的表决方式进行表决。会议的召开和表 决符合《公司法》、《公司章程》等有关法律、法 ...

国浩律师（上海）事务所 关 于 南通海星电子股份有限公司 2023 年第二次临时股东大会 之 法律意见书 上海市北京西路 968 号嘉地中心 23-25 层 邮编：200041 23-25th Floor, Garden Square, No. 968 West Beijing Road, Shanghai 200041, China 电话/Tel: +86 21 5234 1668 传真/Fax: +86 21 5234 1670 网址/Website: http://www.grandall.com.cn 二零二三年八月 国浩律师（上海）事务所 关于南通海星电子股份有限公司 2023 年第二次临时股东大会之 法律意见书 致：南通海星电子股份有限公司 南通海星电子股份有限公司（以下简称"公司"）2023 年第二次临时股东大 会于 2023 年 8 月 8 日召开。国浩律师（上海）事务所（以下简称"本所"）经 公司聘请，委派律师出席现场及视频会议，并根据《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》"） 等法律、法规及中国证券监督管理委员会（以下简称"中国 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 434,798,550.92, representing a decrease of 7.78% compared to the same period last year[5]. - The net profit attributable to shareholders was CNY 12,714,400.64, down 80.08% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 6,575,152.28, a decline of 88.59% compared to the previous year[5]. - Basic earnings per share were CNY 0.05, down 81.48% from the same period last year[5]. - The net profit for Q1 2023 was ¥12,714,400.64, a decrease of 80.17% compared to ¥63,827,729.92 in Q1 2022[23]. - Total revenue from operating activities was ¥333,192,592.18, down 10% from ¥370,184,871.89 in the same period last year[26]. - The total comprehensive income for Q1 2023 was ¥10,561,302.70, down 83.32% from ¥63,251,619.74 in Q1 2022[23]. - Basic and diluted earnings per share were both ¥0.05, compared to ¥0.27 in the same quarter last year[23]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 23,831,232.89, a decrease of 274.91% year-on-year[5]. - The company reported a net cash outflow from operating activities of ¥23,831,232.89, compared to a net inflow of ¥13,625,201.59 in Q1 2022[26]. - Cash and cash equivalents as of March 31, 2023, were RMB 408,948,505.98, down from RMB 681,445,461.98 at the end of 2022, representing a decrease of 40%[17]. - The cash and cash equivalents at the end of Q1 2023 were ¥230,542,819.56, down from ¥475,570,528.22 at the end of Q1 2022[27]. - Investment activities resulted in a net cash outflow of ¥254,536,223.90, a significant decline from a net inflow of ¥69,820,826.82 in the previous year[27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,397,582,799.03, a decrease of 0.92% from the end of the previous year[6]. - Total assets as of March 31, 2023, amounted to RMB 2,397,582,799.03, a decrease from RMB 2,419,752,002.60 at the end of 2022[19]. - Total liabilities as of March 31, 2023, were RMB 356,901,241.46, down from RMB 389,631,747.73 at the end of 2022, indicating a reduction of 8.4%[19]. - The company's total equity as of March 31, 2023, was RMB 2,040,681,557.57, an increase from RMB 2,030,120,254.87 at the end of 2022[19]. Operational Insights - The decline in revenue and profit was primarily due to weak consumer market demand and a decrease in product prices[10]. - The company reported a significant drop in cash flow from sales, which contributed to the negative cash flow from operating activities[11]. - The company's inventory as of March 31, 2023, was RMB 214,820,901.19, slightly down from RMB 220,448,665.77 at the end of 2022[17]. - Accounts receivable as of March 31, 2023, were RMB 358,291,806.73, compared to RMB 348,414,345.78 at the end of 2022, showing an increase of 2.5%[17]. - The company incurred management expenses of ¥20,506,191.16, an increase of 18.67% from ¥17,307,237.76 in Q1 2022[22]. - Research and development expenses were ¥29,596,927.90, a decrease of 6.03% from ¥31,491,300.81 in the previous year[22]. - The company is focusing on enhancing its product development and market expansion strategies to improve future performance[20]. - The company reported a net profit margin for Q1 2023, calculated from the operating revenue and costs, indicating profitability despite the revenue decline[21]. Return on Equity - The weighted average return on equity was 0.62%, a decrease of 2.56 percentage points compared to the previous year[6].

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。 重要内容提示： 南通海星电子股份有限公司（以下简称"公司"）已于 2023 年 4 月 12 日发 布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况，公司计划于 2023 年 4 月 25 日上午 9:00-10:00 举行 2022 年度业绩说明会，就投资者关心的问题进行交流。 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 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 证券代码：603115 证券简称：海星股份 公告编号：2023-019 （一） 会议召开时间：2023 年 4 月 25 日 上午 09:00-10:00 南通海星电子股份有限公司 关于召开 2022 年度业绩说明会的公告 （三） 会议召开方式：上证路演中心网络互动 南通新海星投资股份有限公司总裁：陈健 先生 董事会秘书兼 ...

Financial Performance - The company's operating revenue for 2022 was RMB 1,765,230,480.54, representing a year-on-year increase of 7.29% compared to RMB 1,645,338,158.45 in 2021[20]. - The net profit attributable to shareholders of the listed company for 2022 was RMB 227,714,159.76, a slight increase of 2.95% from RMB 221,187,704.58 in 2021[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 190,999,087.92, which decreased by 7.91% compared to RMB 207,410,419.93 in the previous year[20]. - The cash flow generated from operating activities was RMB 175,642,197.12, down 6.31% from RMB 187,467,997.74 in 2021[20]. - The company achieved total operating revenue of 1.765 billion RMB in 2022, a decrease compared to the previous year[30]. - Net profit attributable to shareholders was 228 million RMB, reflecting a decline from the previous year[30]. - Basic earnings per share decreased by 9.52% to 0.95 RMB per share in 2022[22]. - The weighted average return on equity dropped to 11.45%, down 5.58 percentage points from 2021[22]. - The total profit reached CNY 255,159,000, with a year-on-year increase of 1.04%[43]. - The total comprehensive income for 2022 was RMB 233,152,098.06, showing a significant increase compared to the previous year[200]. Assets and Liabilities - As of the end of 2022, total assets amounted to RMB 2,419,752,002.60, reflecting a 3.25% increase from RMB 2,343,673,292.39 at the end of 2021[21]. - The company's retained earnings at the end of 2022 were RMB 212,757,369.16, with a capital reserve of RMB 1,206,580,096.25[5]. - The company's total assets as of December 31, 2022, amounted to ¥2,176,239,269.50, compared to ¥2,137,267,616.93 at the end of 2021[182]. - Total liabilities amounted to CNY 389,631,747.73, up from CNY 354,205,535.58, which is an increase of about 10%[180]. - The company's equity attributable to shareholders reached CNY 2,030,120,254.87, compared to CNY 1,976,215,905.07 in the previous year, indicating an increase of approximately 2.7%[180]. Cash Flow - The cash flow from investing activities saw a net inflow increase of 644.98 million yuan year-on-year, primarily from the maturity of financial products[57]. - The company reported a net cash flow from operating activities of 176 million RMB for the year[30]. - The cash inflow from investment activities significantly increased to CNY 2,166,393,128.56 in 2022, compared to CNY 509,224,785.17 in 2021, marking a growth of 326.5%[194]. - The cash and cash equivalents at the end of 2022 amounted to CNY 511,242,402.67, up from CNY 406,508,360.25 at the end of 2021, representing an increase of 25.8%[194]. Research and Development - The company achieved a 7.1% R&D expense ratio relative to revenue in 2022, reflecting its commitment to innovation and technology advancement[40]. - The company filed 53 patents during the reporting period, including 26 invention patents and 3 international PCT patents, indicating a strong focus on intellectual property development[31]. - Research and development expenses rose by 18.97% to CNY 125,356,650.13, driven by ongoing new product development efforts[43][44]. - The number of R&D personnel is 112, making up 14.23% of the total workforce[56]. Market and Product Development - The company is actively optimizing product structure and advancing fundraising projects to enhance production capacity[30]. - The company signed an investment framework agreement for a high-performance electrode foil project, which will enhance production capacity and support future growth[31]. - The company reported a 90.5% year-on-year increase in new energy vehicle production, reaching 7.003 million units in 2022, with sales growing by 102% to 6.887 million units[37]. - The company is focused on high-quality development and talent cultivation to improve competitiveness[30]. Governance and Compliance - The company received a standard unqualified audit report from Tianjian Accounting Firm for the fiscal year[8]. - The company held 1 annual general meeting and 2 extraordinary general meetings during the reporting period, complying with legal requirements[73]. - The board of directors convened 8 meetings, ensuring timely disclosure of relevant information[75]. - The company has not experienced any significant differences in governance compared to regulatory requirements[75]. Environmental and Sustainability Initiatives - The company is recognized as a "green" enterprise in Jiangsu, reflecting its commitment to sustainable practices and energy management[32]. - The company achieved a reduction of 16,291 tons in carbon emissions through the use of clean energy and carbon reduction technologies[121]. - The company installed an energy consumption monitoring system that led to a 5% reduction in energy usage[122]. - The company has implemented a water recycling project to reduce total wastewater discharge[122]. Future Outlook - Future outlook indicates a focus on market expansion and new product development, aiming for a 20% increase in market share over the next fiscal year[81]. - The management provided guidance for the next quarter, projecting a revenue increase of 10% compared to the previous quarter[81]. - The company aims to enhance customer engagement through digital platforms, expecting a 25% increase in active users[81]. - New partnerships are being explored to facilitate market entry into Southeast Asia, with an initial investment of 10 million planned[81].

Financial Performance - The company's operating revenue for Q3 2022 was ¥374,894,304.02, a decrease of 14.24% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥54,837,860.30, down 24.13% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥36,443,808.73, a decline of 46.85% compared to the previous year[5] - Basic and diluted earnings per share for Q3 2022 were both ¥0.23, representing a decrease of 34.29%[6] - The weighted average return on equity for Q3 2022 was 2.80%, a decrease of 3.22 percentage points from the previous year[6] - Total operating revenue for the first three quarters of 2022 reached RMB 1,317,803,996.84, an increase of 8.57% compared to RMB 1,213,892,116.92 in the same period of 2021[18] - The company reported a net profit of RMB 176,104,599.36 for the first three quarters of 2022, compared to RMB 176,333,543.65 in the same period of 2021, indicating a slight decrease of 0.13%[18] - The net profit for Q3 2022 was CNY 187,064,000.51, an increase of 16.9% compared to CNY 160,037,838.47 in Q3 2021[19] - The total comprehensive income for Q3 2022 reached CNY 198,174,410.66, up from CNY 159,371,288.66 in the same period last year, reflecting a growth of 24.4%[20] - The total operating profit for Q3 2022 was CNY 212,516,669.61, compared to CNY 184,749,391.94 in the same quarter of the previous year, marking an increase of 15.0%[19] - The company reported a total profit of CNY 212,125,450.04 for Q3 2022, up from CNY 184,223,351.70 in Q3 2021, reflecting a growth of 15.2%[19] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,433,140,921.87, an increase of 3.82% compared to the end of the previous year[6] - The company's total assets as of September 30, 2022, amounted to RMB 2,433,140,921.87, compared to RMB 2,343,673,292.39 at the end of 2021, reflecting a growth of 3.84%[18] - Total liabilities increased to RMB 437,998,354.40, up from RMB 354,205,535.58, representing a rise of 23.6%[17] - The company's equity attributable to shareholders reached RMB 1,995,142,567.47, compared to RMB 1,976,215,905.07 at the end of 2021, showing an increase of 0.96%[18] Cash Flow - Cash flow from operating activities for the year-to-date was ¥192,849,670.16, an increase of 44.29%[6] - Operating cash flow for the first nine months of 2022 was CNY 192,849,670.16, compared to CNY 133,655,734.21 in the previous year, indicating a year-over-year increase of 44.2%[23] - The company reported cash inflows from operating activities totaling CNY 1,007,671,388.36 for the first nine months of 2022, up from CNY 880,483,653.58 in the same period last year[23] - Investment activities generated a net cash inflow of CNY 124,805,012.86 in the first nine months of 2022, compared to a net outflow of CNY 33,494,292.17 in the previous year[24] - The company’s cash and cash equivalents at the end of Q3 2022 amounted to CNY 528,531,007.80, an increase from CNY 226,025,311.05 at the end of Q3 2021[24] - Cash and cash equivalents stood at RMB 659,877,307.81, an increase from RMB 510,001,419.75 at the end of 2021, marking a growth of 29.3%[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,473[10] Challenges and Future Plans - The company faced challenges due to power restrictions and decreased market demand, impacting production capacity utilization[9] - Government subsidies recognized in the current period amounted to ¥17,863,554.52, with a total of ¥24,612,537.60 recognized year-to-date[9] - Research and development expenses increased to RMB 94,668,682.02, representing a rise of 29.2% from RMB 73,309,699.36 in the same period of 2021[18] - The company plans to continue expanding its market presence and invest in new technologies to enhance its competitive edge[18]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥942.91 million, representing a year-on-year increase of 21.40% compared to ¥776.73 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥132.23 million, a year-on-year increase of 52.53% from ¥86.69 million[17]. - The net cash flow from operating activities increased by 101.21% year-on-year, reaching approximately ¥141.78 million, up from ¥70.46 million in the previous year[17]. - Basic and diluted earnings per share for the first half of 2022 were ¥0.5528, reflecting a growth of 32.63% compared to ¥0.4168 in the same period last year[17]. - The net profit after deducting non-recurring gains and losses was approximately ¥119.97 million, an increase of 48.41% from ¥80.84 million in the previous year[17]. - The company achieved operating revenue of 942.91 million RMB, a year-on-year increase of 21.4%[34]. - Net profit attributable to shareholders reached 132 million RMB, reflecting a year-on-year growth of 52.53%[30]. - The company reported a significant increase in notes payable, which rose to ¥75,805,670.94, a 693.78% increase compared to the previous year[36]. - The company's total liabilities rose to RMB 600,614,295.40 from RMB 354,205,535.58, marking an increase of around 69.5%[94]. Assets and Liabilities - The company's total assets as of the end of the reporting period were approximately ¥2.53 billion, an increase of 8.14% from ¥2.34 billion at the end of the previous year[17]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥1.93 billion, a decrease of 2.15% from ¥1.98 billion at the end of the previous year[17]. - The company's cash and cash equivalents increased to ¥742,423,100.04, representing 29.29% of total assets, up 45.57% from the previous year[36]. - The company's total equity attributable to shareholders decreased to RMB 1,933,758,189.33 from RMB 1,976,215,905.07, a decline of about 2.14%[94]. - The company's total liabilities as of June 30, 2022, were ¥623,631,924.51, compared to ¥411,803,010.30 at the end of 2021[98]. Research and Development - The company has a research and development expense ratio of 6.91% of revenue for the first half of 2022, indicating a significant investment in innovation[28]. - Research and development expenses increased by 45.93% to 65.19 million RMB, driven by enhanced product quality initiatives[34]. - The company filed 19 patents in the first half of the year, including 10 invention patents and 3 international PCT patents[31]. - The company has established a national enterprise technology center and holds over 200 patents, enhancing its technological capabilities[27]. Market Position and Strategy - The company specializes in the production of electrode foil for aluminum electrolytic capacitors, which constitutes 30% to 60% of the total cost of these capacitors[25]. - The company is a leading manufacturer in the domestic electrode foil industry, with a full range of low, medium, and high voltage products, primarily targeting high-end markets[26]. - The company’s customer base includes the top ten global aluminum capacitor manufacturers, indicating strong market positioning[26]. - The company is actively pursuing strategic procurement and enhancing delivery capabilities for high-end products[32]. Environmental Responsibility - The company has established a comprehensive environmental protection system, including waste treatment facilities and online monitoring systems, ensuring compliance with pollution discharge standards[56]. - The company has been recognized as a national green factory and included in the list of exemplary enterprises for environmental protection, achieving a "green" credit rating[61]. - The company has conducted emergency drills for environmental incidents and has a response plan in place, ensuring preparedness for potential environmental emergencies[59]. - The company has reported a total wastewater discharge of 810,000 tons in the first half of 2022, with all monitored pollutants meeting discharge standards[54]. Shareholder and Corporate Governance - The company has committed to maintaining environmental standards and has invested in clean production technologies to reduce pollution[64]. - The company has a commitment to extend the lock-up period for shares if stock prices fall below the initial public offering price, ensuring shareholder confidence[67]. - The company reported a lock-up period for shareholders lasting 36 months from the date of listing, with a commitment to not transfer shares during this period[68]. - The company has committed to not engaging in any business that directly competes with its existing products, both domestically and internationally[69]. Financial Management and Taxation - The company benefits from a corporate income tax rate of 15% due to its recognition as a high-tech enterprise, which is applicable for the current fiscal year[196]. - The company is actively preparing for the re-evaluation of its high-tech enterprise qualification, which could further impact its tax rate in the future[196]. - The company’s cash flow management appears robust, with a notable increase in cash reserves compared to the previous period[200]. - The company is focused on maintaining its high-tech status to continue benefiting from favorable tax rates, which is crucial for its financial strategy[196].

Financial Performance - The company's operating revenue for Q1 2022 was ¥471,473,186.39, representing a year-on-year increase of 35.90%[5] - The net profit attributable to shareholders was ¥63,827,729.92, showing a significant increase of 110.89% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥57,627,036.96, up by 107.20% year-on-year[5] - The basic earnings per share for the quarter was ¥0.27, reflecting an increase of 80.00%[8] - In Q1 2022, the company's net profit reached CNY 63,827,729.92, a significant increase of 109.8% compared to CNY 30,408,908.17 in Q1 2021[18] - The total comprehensive income for the period was CNY 63,251,619.74, compared to CNY 30,732,080.65 in Q1 2021, marking an increase of 105.5%[19] - The company reported a total profit of CNY 73,959,802.32, which is an increase of 116.9% compared to CNY 34,197,076.45 in Q1 2021[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥2,413,906,973.42, which is a 3.00% increase from the end of the previous year[6] - Total assets amounted to ¥2,413,906,973.42, compared to ¥2,343,673,292.39, reflecting a growth of 3%[14] - Total liabilities increased to ¥374,287,196.87 from ¥354,205,535.58, a rise of 5%[15] - Shareholders' equity totaled ¥2,039,619,776.55, up from ¥1,976,215,905.07, indicating an increase of 3.2%[15] - Non-current assets totaled ¥589,968,773.86, compared to ¥551,320,371.66, reflecting a growth of 7%[14] Cash Flow and Investments - The net cash flow from operating activities decreased by 49.43% to ¥13,625,201.59, primarily due to increased payments to employees and taxes[5] - The company reported a cash flow from operating activities of CNY 13,625,201.59, down from CNY 26,941,824.07 in the previous year, indicating a decrease of 49.5%[22] - Investment activities generated a net cash flow of CNY 69,820,826.82, compared to a negative cash flow of CNY -36,836,477.04 in Q1 2021[22] Revenue and Costs - Total revenue for Q1 2022 reached ¥471,473,186.39, an increase of 36% compared to ¥346,928,296.20 in Q1 2021[17] - Total operating costs for Q1 2022 were ¥402,458,919.86, up from ¥316,293,071.00 in Q1 2021, reflecting a 27% increase[17] - The total revenue from operating activities was CNY 370,184,871.89, up from CNY 282,629,311.15 in the same period last year, reflecting a growth of 30.9%[21] Shareholder Information - The top shareholder, Nantong Xinhaixing Investment Co., Ltd., holds 59.02% of the shares, totaling 141,180,000 shares[10] Research and Development - Research and development expenses increased to CNY 31,491,300.81, a rise of 50.9% from CNY 20,848,941.29 in Q1 2021[18] Financial Management - The company incurred financial expenses of CNY -694,444.54, a decrease from CNY 315,633.17 in the previous year, indicating improved financial management[18] Cash and Equivalents - Cash and cash equivalents increased to ¥578,537,597.90 from ¥510,001,419.75, representing a growth of 13.4%[13] - The company's cash and cash equivalents at the end of the period totaled CNY 475,570,528.22, up from CNY 254,534,939.64 at the end of Q1 2021[22] Inventory and Receivables - Accounts receivable rose to ¥376,946,988.97, up from ¥347,731,348.58, indicating an increase of 8.5%[13] - Inventory increased to ¥174,491,631.90 from ¥141,673,664.67, marking a growth of 23%[13]

Financial Performance - In 2021, the company's operating revenue reached RMB 1,645,338,158.45, a year-on-year increase of 35.01% compared to RMB 1,218,716,702.66 in 2020[20] - The net profit attributable to shareholders was RMB 221,187,704.58, representing a 75.87% increase from RMB 125,768,458.08 in the previous year[20] - The basic earnings per share for 2021 was RMB 1.05, up 75.00% from RMB 0.60 in 2020[21] - The company's total assets increased to RMB 2,343,673,292.39, a growth of 43.64% compared to RMB 1,631,594,958.87 at the end of 2020[20] - The cash flow from operating activities netted RMB 187,467,997.74, a significant increase of 466.78% from RMB 33,076,038.59 in 2020[20] - The total profit reached 252,536,300 RMB, reflecting a significant growth of 73.75% compared to the previous year[46] - The company reported a net cash flow from operating activities of 187,467,998 RMB, a remarkable increase of 466.78%[48] - The company achieved operating revenue of 1,645,338,158.45 RMB, a year-on-year increase of 35.01%[46] - The company reported a significant increase in revenue, achieving a total of 1.2 billion in 2021, representing a growth of 15% year-over-year[89] Profitability Metrics - The weighted average return on equity increased to 17.03%, up by 6.77 percentage points from 10.26% in 2020[21] - The net profit attributable to shareholders increased by CNY 95.42 million in 2021, a year-on-year growth of 75.87%, primarily due to revenue growth and product price increases[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by CNY 109.10 million in 2021, a year-on-year growth of 110.98%[22] - The net cash flow from operating activities increased by CNY 154.39 million in 2021, a year-on-year growth of 466.78%, driven by strong product demand and improved payment terms[22] - The company aims to achieve a net profit margin of 15% in 2022, up from 12% in 2021, driven by increased sales and cost management initiatives[89] Research and Development - Research and development expenses accounted for 6.40% of operating revenue, with R&D spending increasing by 33.61% to 105,364,887 RMB[43][49] - The company has established a strong customer base, with all top ten global aluminum capacitor manufacturers as clients[43] - The company implemented 9 key projects and 17 technology innovation projects in 2021, maintaining its core technology at an industry-leading level[37] - The company plans to increase R&D investment in 2022 to align with international advanced levels, focusing on innovation and collaboration with industry peers and research institutions[76] - The number of R&D personnel was 105, making up 14.15% of the total workforce, with 2 holding doctoral degrees[58] Market and Industry Trends - The global market size for aluminum electrolytic capacitors was approximately 49.64 billion RMB in 2019, expected to reach 55.65 billion RMB by 2024[40] - The electrode foil accounts for 30% to 60% of the total cost of aluminum electrolytic capacitors, indicating a direct correlation between capacitor demand and electrode foil demand[40] - The domestic electrode foil industry is experiencing a trend towards consolidation among leading enterprises with strong technical capabilities and comprehensive strength[40] - The electrode foil industry is experiencing consolidation and rapid growth, with a significant shift of the global aluminum electrolytic capacitor market towards China, which is currently dominated by mid-to-low-end products[74] Sustainability and Environmental Responsibility - The company is committed to sustainable development, being one of the first green factories in Jiangsu Province and maintaining energy consumption levels below industry averages[43] - The company has established comprehensive environmental protection facilities, including wastewater and air pollution treatment systems, in compliance with environmental impact assessments[122] - The company has adopted measures to reduce carbon emissions, including establishing an energy management system and promoting low-carbon practices among employees[131] - The company has been recognized as a "green" enterprise in Jiangsu and was selected as a national green factory[127] Corporate Governance - The company held 1 annual general meeting and 2 extraordinary general meetings during the reporting period, complying with legal requirements[85] - The board of directors consists of 9 members, including 3 independent directors, and held 8 meetings during the reporting period[87] - The supervisory board, composed of 3 members, held 5 meetings to oversee the company's operations and compliance[83] - The company disclosed 4 periodic reports and 72 temporary announcements, ensuring transparency for investors[83] - The company has established internal control systems to enhance risk prevention and operational standards[83] Shareholder and Capital Management - The company completed a private placement of 31.2 million shares at a price of RMB 22.00 per share, raising a total of RMB 686.4 million, with a net amount of RMB 678.17 million after deducting issuance costs[164] - The total number of shares increased from 208 million to 239.2 million, with the proportion of restricted shares rising from 75% to 78.26%[163] - The company has a total of 141.18 million restricted shares held by major shareholders, which will be released on August 9, 2022[166] - The company has maintained a consistent cash dividend policy, distributing profits to shareholders over the past three years[132] Operational Efficiency - The company achieved a significant increase in sales prices and production capacity due to the completion of investment projects, contributing to the revenue growth[21] - The company plans to implement new operational strategies aimed at reducing costs by 5% over the next fiscal year[92] - The company is focusing on enhancing its financial position through increased cash reserves[200] - The growth in current assets is a key indicator of the company's operational efficiency and market competitiveness[200] Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 10% to 12% based on current market trends and user acquisition strategies[89] - New product launches are expected to contribute an additional 200 million in revenue in 2022, with a focus on innovative technology solutions[89] - The company aims to enhance its production capacity for high-end products in 2022, with projects underway in Nantong, Ya'an, and Shizuishan, targeting emerging application fields[76]