证券代码：603156 证券简称：养元饮品 公告编号：2023-016 河北养元智汇饮品股份有限公司 关于参加河北辖区上市公司 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，河北养元智汇饮品股份有限公司（以下 简称"公司"）将参加由河北证监局、河北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 年河北辖区上市公司投资者集体接待日活动"，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：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 30 日（周二）15:00-17:00。届时 公司高管将在线就公司 2022 年度业绩、公司治理、发展战略、经营状况和可持 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。 河北养元智汇饮品股份有限公司董事会 2023 年 5 月 ...

证券代码：603156 证券简称：养元饮品 公告编号：2023-014 河北养元智汇饮品股份有限公司 关于参加沪市食品饮料行业上市公司 2022 年度 集体业绩说明会的公告 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： 河北养元智汇饮品股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布公司 2022 年年度报告，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 5 月 26 日上午 9:00-10:00 参加沪 市食品饮料行业上市公司 2022 年度集体业绩说明会，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。 会议召开时间：2023 年 5 月 26 日（星期五）上午 9:00-10:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 ...

Financial Performance - The company's revenue for Q1 2023 was ¥2,228,868,121.09, representing an increase of 8.82% compared to the same period last year[4] - Net profit attributable to shareholders was ¥732,678,191.84, reflecting a significant increase of 39.92% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥612,061,371.76, up by 24.46% from the previous year[4] - The basic earnings per share for the period was ¥0.5790, which is a 39.92% increase compared to the same period last year[4] - The total operating revenue for Q1 2023 was CNY 2,228,868,121.09, an increase of 8.8% compared to CNY 2,048,198,838.16 in Q1 2022[16] - The net profit attributable to shareholders for Q1 2023 was CNY 7,471,780,270.80, compared to CNY 6,739,102,078.96 in Q1 2022, indicating a growth of 10.9%[15] - The net profit for Q1 2023 was CNY 732,678,413.78, representing a 39.9% increase compared to CNY 523,651,921.22 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 809,945,576.63, compared to CNY 493,913,798.79 in Q1 2022, reflecting a significant increase of 63.9%[19] - The company achieved a total profit of CNY 935,952,147.46 in Q1 2023, compared to CNY 697,464,094.26 in Q1 2022, which is an increase of 34.2%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,011,625,355.20, a slight decrease of 0.35% from the end of the previous year[5] - The total assets as of March 31, 2023, were CNY 15,011,625,355.20, slightly down from CNY 15,064,161,118.75 at the end of 2022[15] - The total liabilities decreased to CNY 2,683,559,741.84 in Q1 2023 from CNY 3,546,471,082.03 in Q1 2022, a reduction of 24.3%[14] - Shareholders' equity attributable to the parent company increased by 7.04% to ¥12,325,075,603.33[5] - The company's equity attributable to shareholders increased to CNY 12,325,075,603.33 in Q1 2023 from CNY 11,514,700,248.63 in Q1 2022, reflecting a growth of 7.0%[15] Cash Flow - The net cash flow from operating activities was negative at -¥415,890,733.49, indicating a significant change from the previous year[4] - The company reported a net cash flow from operating activities of CNY -415,890,733.49, an improvement from CNY -957,285,180.50 in Q1 2022[22] - The company's cash and cash equivalents as of March 31, 2023, were CNY 3,934,513,793.61, significantly higher than CNY 1,602,577,216.29 at the end of 2022[12] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 2,857,086,702.53, up from CNY 1,578,323,521.69 at the end of Q1 2022, showing a growth of 81.1%[23] - The cash inflow from investment activities was CNY 3,398,172,355.49, down from CNY 4,250,050,614.13 in Q1 2022, indicating a decrease of 20.1%[22] - The company reported a total cash outflow from financing activities of CNY 28,659,070.05 in Q1 2023, compared to CNY 0 in Q1 2022[23] Operational Metrics - The total operating costs for Q1 2023 were CNY 1,412,141,500.02, up from CNY 1,357,075,171.09 in Q1 2022, reflecting a year-over-year increase of 4.1%[16] - Accounts receivable increased to CNY 48,933,306.59 in Q1 2023 from CNY 30,354,034.61 in Q1 2022, showing a rise of 61.2%[13] - Inventory decreased to CNY 619,046,454.44 in Q1 2023 from CNY 638,289,265.81 in Q1 2022, a decline of 3.3%[13] - The company reported a decrease in sales expenses to CNY 189,269,530.45 in Q1 2023 from CNY 257,866,512.36 in Q1 2022, a reduction of 26.6%[16] Return on Equity - The weighted average return on equity increased by 2.03 percentage points to 6.15%[4] - Basic earnings per share for Q1 2023 were CNY 0.5790, compared to CNY 0.4138 in Q1 2022, marking a rise of 39.9%[19]

Financial Performance - The company's operating revenue for 2022 was RMB 5,922,826,767.82, a decrease of 14.24% compared to RMB 6,905,959,247.09 in 2021[16]. - The net profit attributable to shareholders of the listed company was RMB 1,474,249,491.10, down 30.16% from RMB 2,110,817,033.95 in the previous year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,195,962,844.03, a decline of 32.23% compared to RMB 1,764,841,531.24 in 2021[16]. - The net cash flow from operating activities was RMB 1,153,410,020.41, a decrease of 43.14% from RMB 2,028,551,706.54 in the previous year[16]. - As of the end of 2022, the total assets amounted to RMB 15,064,161,118.75, down 5.16% from RMB 15,884,499,316.23 at the end of 2021[17]. - The net assets attributable to shareholders of the listed company were RMB 11,514,700,248.63, a decrease of 7.60% from RMB 12,461,790,746.93 in the previous year[17]. - Basic earnings per share for 2022 was CNY 1.1650, a decrease of 30.16% compared to 2021[18]. - The weighted average return on equity decreased by 5.05 percentage points to 12.51% in 2022 compared to 2021[18]. - The company reported a net cash flow from operating activities of CNY -957,285,180.50 for 2022[21]. - The company achieved a main business revenue of 5.919 billion RMB, a decrease of 14.24% compared to the same period last year[47]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 18 per 10 shares, totaling RMB 227,788,850.00 based on a total share capital of 126,549,360 shares[3]. - The cash dividend payout ratio for the year was 154.51%[3]. - The cash dividend payout ratio for the year is 119.91%, with total cash dividends amounting to 2.28 billion RMB, which represents 154.51% of the net profit attributable to ordinary shareholders[141]. Market and Product Development - The company launched a series of new plant-based milk products to meet diverse consumer demands[26]. - The company implemented a unique marketing model combining deep distribution and C-end operations to adapt to market changes[27]. - The company increased its investment in online channels while maintaining traditional distribution methods[27]. - The company aims to enhance brand influence and expand consumer engagement through innovative product offerings and marketing approaches[30]. - The company has launched new products targeting specific consumer groups, including high-calcium and sugar-free walnut beverages[42]. - The company plans to expand its e-commerce channels and optimize product structure to meet diverse consumer needs[81]. Production and Capacity - The company has 34 production lines with a total capacity of approximately 1.48 million tons per year, supporting its main product offerings[36]. - The company has expanded its production capabilities through both self-built facilities and contracted processing, ensuring quality control across the supply chain[36]. - The company produced 583,000 tons of plant protein beverages and sold 583,600 tons during the reporting period[44]. - The production volume of walnut milk was 582,427.73 tons, a decrease of 16.06% year-on-year, while sales volume was 582,915.82 tons, down 15.91%[50]. Research and Development - The company has maintained a strong focus on R&D, although R&D expenses decreased by 6.64% due to a slowdown in market demand[45]. - The total R&D investment was 28,922,064.89 yuan, which is 0.49% of the operating income[57]. - The number of R&D personnel is 283, making up 14.86% of the total workforce[58]. - The company has a strong focus on research and development, particularly in the area of protein beverages, which is expected to drive future growth[115]. Governance and Compliance - The company held one shareholders' meeting during the reporting period, ensuring compliance with relevant regulations and allowing equal participation for all shareholders, especially minority shareholders[104]. - The board of directors convened four meetings in the reporting period, successfully completing the election of a new board in May 2022, with all procedures compliant with legal requirements[104]. - The supervisory board also held four meetings during the reporting period, with a successful election of new members in May 2022, ensuring compliance with legal and regulatory requirements[104]. - The company has improved its governance structure by revising its articles of association and enhancing internal control systems to promote stable development[105]. - The company actively engaged in investor relations, responding to inquiries through various channels, ensuring timely communication of company information to investors[105]. - The company maintained a good execution of insider information management, with no incidents of insider trading reported during the period[105]. Environmental Responsibility - The company has implemented energy-saving modifications in its production processes, including the recovery of waste heat from cooling water used in sterilization, contributing to lower energy consumption and carbon emissions[161]. - The company has committed to using clean energy sources, primarily electricity and steam, in its production processes to align with national "dual carbon" strategies[161]. - The company has established an emergency response plan for environmental incidents to minimize potential damage[152]. - The company has achieved wastewater discharge standards with COD at 113 mg/L and ammonia nitrogen at 7.19 mg/L, well below the limits of 500 mg/L and 35 mg/L respectively[149]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[154]. Strategic Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[113]. - Future guidance indicates a focus on enhancing operational efficiency and exploring strategic partnerships for market expansion[113]. - The company aims to leverage its existing brand strength to capture new market opportunities in the health beverage sector[113]. - The company is exploring potential mergers and acquisitions to further strengthen its market position and diversify its product portfolio[116]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 22,771, an increase from 21,404 in the previous month[199]. - The largest shareholder, Yao Kuizhang, holds 267,648,195 shares, representing 21.15% of the total shares[200]. - The second largest shareholder, Yazhishun Investment Co., holds 232,219,592 shares, accounting for 18.35%[200]. - The company has not reported any changes in share capital structure during the reporting period[198].

Financial Performance - Q3 2022 revenue was CNY 1,435,329,434.76, a decrease of 10.31% year-over-year, and year-to-date revenue was CNY 4,184,987,913.24, down 16.50% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 313,882,360.29, a decline of 33.40% year-over-year, with year-to-date net profit at CNY 1,007,545,345.45, down 38.20%[4] - Basic earnings per share for Q3 2022 was CNY 0.2481, a decrease of 33.38%, while year-to-date basic earnings per share was CNY 0.7962, down 38.20%[5] - Total operating revenue for Q3 2022 was approximately ¥4.18 billion, a decrease of 16.5% compared to ¥5.01 billion in the same period of 2021[18] - Net profit for Q3 2022 was approximately ¥1.01 billion, a decline of 38.1% from ¥1.63 billion in Q3 2021[21] - Total profit for Q3 2022 was approximately ¥1.37 billion, a decrease of 33.5% compared to ¥2.05 billion in Q3 2021[20] - Comprehensive income for Q3 2022 was approximately ¥1.04 billion, compared to ¥1.63 billion in Q3 2021, indicating a decline of 36.3%[24] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY -584,198,815.04, reflecting a significant decrease in cash received from sales compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2022 was approximately ¥3.34 billion, down 17.7% from ¥4.06 billion in the same period of 2021[25] - The ending cash and cash equivalents balance was 574,849,914.24, down from 786,104,760.93 in the previous year[27] - Total cash outflow from operating activities was 3,924,152,469.86, slightly decreased from 3,954,525,538.99 year-over-year[26] - The company's cash and cash equivalents increased to RMB 579.74 million from RMB 529.20 million, reflecting a growth of approximately 9.0%[14] - Total assets at the end of the reporting period were CNY 12,629,439,417.94, a decrease of 20.49% from the end of the previous year[5] - Current assets totaled RMB 8.70 billion, down from RMB 12.22 billion in the previous year, indicating a decrease of about 28.5%[14] - Total liabilities decreased to RMB 1.66 billion from RMB 3.42 billion, a reduction of about 51.5%[16] Shareholder Information - Shareholders' equity attributable to shareholders at the end of the reporting period was CNY 10,966,908,776.04, down 12.00% from the end of the previous year[5] - The total number of common shareholders at the end of the reporting period was 26,875[10] - The company's equity attributable to shareholders was RMB 10.97 billion, down from RMB 12.46 billion, showing a decline of approximately 12.1%[16] Expenses and Investments - Total operating costs for Q3 2022 were approximately ¥3.01 billion, down 8.7% from ¥3.30 billion in Q3 2021[18] - Research and development expenses for Q3 2022 were approximately ¥22.86 million, a slight decrease from ¥24.21 million in Q3 2021[18] - Other income for Q3 2022 was approximately ¥95.89 million, down from ¥111.82 million in Q3 2021[18] - The company paid 892,102,298.55 in taxes, an increase from 699,925,602.46 in the previous year[26] - The cash paid to employees was 173,487,089.43, compared to 170,147,512.60 in the previous year[26] Future Outlook - The decline in net profit was primarily attributed to a decrease in revenue, impacting both net profit and net profit excluding non-recurring items[9] - The company plans to focus on market expansion and new product development to drive future growth[17]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥2.75 billion, a decrease of 19.40% compared to the same period last year[15]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥693.66 million, down 40.16% year-on-year[15]. - The net profit after deducting non-recurring gains and losses was approximately ¥545.47 million, a decrease of 42.07% compared to the previous year[15]. - The net cash flow from operating activities was approximately ¥174.79 million, down 79.83% year-on-year[15]. - Basic earnings per share decreased by 40.16% to CNY 0.5481 compared to the same period last year[17]. - The weighted average return on equity dropped by 3.93 percentage points to 5.60% from 9.53% year-on-year[17]. - The company reported a significant decline in both revenue and profit, indicating potential challenges in market performance[15]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥13.41 billion, a decrease of 15.60% compared to the end of the previous year[16]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥10.61 billion, down 14.82% from the previous year[16]. - Total current assets decreased from ¥12,224,087,542.58 to ¥9,662,974,026.26, a decline of approximately 20.8%[101]. - Total liabilities decreased from ¥3,419,632,045.14 to ¥2,788,875,608.70, a reduction of approximately 18.5%[103]. - Total equity attributable to shareholders decreased from ¥12,461,848,932.67 to ¥10,614,741,844.88, a decline of about 14.8%[103]. Market and Product Development - The market for plant-based protein beverages is expanding, driven by increasing consumer health awareness and dietary changes[21]. - The company has launched new products, including the "Six Walnuts 2430" aimed at students and white-collar workers[29]. - The "Z Generation" consumer group is becoming a significant market force, emphasizing product experience and interaction[23]. - The company is focusing on product innovation and quality to meet the rising demand for healthier beverage options[22]. - The company aims to enhance market share in the plant milk sector, responding to diverse consumer needs across different regions[24]. - New product launches include sugar-free high-calcium walnut products and a plant-based yogurt series to meet diverse consumer needs[42]. Operational Efficiency - The company operates 34 production lines for plant protein beverages, with a total capacity of approximately 1.48 million tons per year, ensuring production aligns with market demand[33]. - The company has established a nationwide production and processing system with three self-owned production bases and three commissioned processing bases, enhancing logistics efficiency and product supply stability[38][39]. - The company has implemented a unique "5·3·28" production process and CET cold extraction technology, achieving over 97% utilization of walnut protein and fat, ensuring high product quality[36]. - The company has adopted a "sales-driven production" model, ensuring that production plans are closely aligned with market demand and sales targets[33]. Financial Management - The company has not proposed any profit distribution or capital reserve increase for the current period, indicating a focus on reinvestment[65]. - The company has a total of ¥4,050,000.00 in cash restricted as a guarantee and ¥770,000,000.00 in other non-current assets under acceptance pledge[50]. - The company reported an investment loss of CNY 43,614,786.67 from joint ventures and associates, compared to a gain of CNY 22,454,787.84 in the previous year[108]. - The company has not disclosed any major contracts or their performance during the reporting period[92]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with wastewater and noise being the main pollutants from its production processes[68]. - The company achieved wastewater discharge standards with COD at 105 mg/L and ammonia nitrogen at 7.5 mg/L, well below the limits of 500 mg/L and 35 mg/L respectively[69]. - The company has established an emergency response plan for environmental incidents, ensuring rapid response to minimize environmental damage[72]. - The company has implemented real-time monitoring of wastewater discharge and has not faced any administrative penalties for environmental issues during the reporting period[73]. Shareholder Information - The largest shareholder, Mr. Yao Kuizhang, holds 21.15% of the shares, with a total of 267,648,195 shares[95]. - The total number of ordinary shareholders at the end of the reporting period is 25,349[94]. - The company has committed to reducing and regulating related party transactions to protect shareholder rights[88]. Risks and Challenges - The company faces risks related to food safety, market competition, and changing consumer preferences, which could impact future performance[57][59][60]. - The ongoing COVID-19 pandemic has affected consumer demand, prompting the company to enhance promotional efforts and accelerate new product launches[61]. - The company is actively expanding its market presence and product offerings to mitigate risks associated with a narrow product range[58]. Governance and Compliance - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board, along with various operational departments[136]. - The company has not received any penalties or corrective actions related to legal violations during the reporting period[90]. - There are no significant litigation or arbitration matters during the reporting period[90].

Financial Performance - The company's operating revenue for 2021 was RMB 6,905,959,247.09, representing a 55.99% increase compared to RMB 4,427,115,659.46 in 2020[17] - The net profit attributable to shareholders of the listed company was RMB 2,110,817,033.95, an increase of 33.78% from RMB 1,577,853,629.36 in the previous year[17] - The net profit after deducting non-recurring gains and losses was RMB 1,764,841,531.24, which is a 60.09% increase compared to RMB 1,102,373,688.13 in 2020[17] - The net cash flow from operating activities reached RMB 2,028,551,706.54, marking an 87.69% increase from RMB 1,080,826,788.59 in the previous year[17] - As of the end of 2021, the total assets amounted to RMB 15,884,499,316.23, a 5.43% increase from RMB 15,066,726,493.73 at the end of 2020[18] - The net assets attributable to shareholders of the listed company were RMB 12,461,790,746.93, reflecting a 5.27% increase from RMB 11,838,342,115.02 in 2020[18] - The basic earnings per share for 2021 was CNY 1.6680, representing a 33.78% increase compared to 2020[19] - The company achieved a weighted average return on equity of 17.56% in 2021, an increase of 4.43 percentage points from 2020[19] Dividends and Shareholder Returns - The company proposed a cash dividend of RMB 20 per 10 shares, totaling RMB 253,098.72 million (including tax) based on a total share capital of 126,549.36 million shares[5] - The company's cash dividend payout ratio for the year was 119.91%[5] - The cash dividend ratio for the year is 96.24%, reflecting a strong commitment to shareholder returns[138] Market Position and Product Development - The company is a leader in the walnut protein beverage sector, having developed the walnut beverage industry over 20 years, establishing "Six Walnuts" as a top domestic brand[31] - The company launched new products including "Six Walnuts 2430" and "Yangyuan Plant Milk" to meet diverse consumer needs[27] - The company holds a competitive advantage in the walnut milk beverage industry, benefiting from increasing industry concentration and market growth[32] - The company plans to expand its product matrix in the plant-based milk sector, introducing high-end walnut milk products to meet diverse consumer demands and enhance market competitiveness[104] Sales and Marketing Strategies - The company operates 34 production lines with a total capacity of approximately 1.48 million tons per year, utilizing a "sales-driven production" model[38] - The company employs a dual sales model of distribution and direct sales, with the distribution model being the primary method[40] - The company is actively expanding its marketing efforts through various channels, enhancing brand recognition and consumer engagement[30] - The company plans to strengthen its e-commerce channel and optimize product structure to meet diverse consumer needs[85] Research and Development - The company has 261 R&D personnel, accounting for 14.12% of the total workforce[63] - The research and development expenses increased by 5.07% to 62.20 million RMB, indicating a commitment to innovation[49] - Total R&D investment amounted to ¥62,200,337.71, representing 0.90% of operating revenue[62] Environmental and Social Responsibility - The company has established an emergency response plan for environmental incidents to minimize potential damage[153] - The company has contributed to the expansion of walnut planting areas in major production regions, enhancing local agricultural development and farmer incomes[161] - In 2021, the company donated materials worth 325,000 yuan for flood relief efforts in Henan[161] Governance and Compliance - The company has implemented measures to enhance internal control and governance, ensuring compliance with relevant laws and regulations[112] - The company has maintained effective communication with investors through various channels, ensuring timely information disclosure[111] - The company has confirmed the appointment of its auditing firm for the 2021 fiscal year[116] Risks and Challenges - The company faces risks related to food safety, which could impact brand reputation and operational performance if safety controls are not adhered to[106] - The company is experiencing intensified market competition in the plant-based beverage sector, which could affect its market share[108] - Changes in consumer preferences pose a risk to the company's product demand, influenced by various cultural and economic factors[109] Financial Investments - The company plans to establish a private equity fund with a target fundraising scale of 3 billion RMB, with a 99.90% stake held by the company[57] - The company made significant equity investments, including CNY 1 billion in Zhongji Investment, with a book value of CNY 1.20 billion[89] Employee and Management Structure - The company reported a total of 1,849 employees, with 1,382 in the parent company and 467 in major subsidiaries[133] - The employee composition includes 835 production staff, 485 sales personnel, 107 technical staff, 26 financial staff, and 396 administrative staff[134] - The management team has a diverse background, with members holding positions in other significant organizations, which may benefit the company[121]

Financial Performance - The company's revenue for Q1 2022 was ¥2,048,198,838.16, representing a decrease of 8.42% compared to the same period last year[4] - Net profit attributable to shareholders was ¥523,641,214.93, down 29.10% year-over-year[4] - Basic earnings per share decreased to ¥0.4138, reflecting a 29.10% drop[5] - Total operating revenue for Q1 2022 was ¥2,048,198,838.16, a decrease of 8.4% compared to ¥2,236,611,030.40 in Q1 2021[15] - Net profit for Q1 2022 was ¥523,651,921.22, a decline of 29.1% from ¥738,551,291.38 in Q1 2021[16] - The company reported a total profit of ¥697,464,094.26 for Q1 2022, down from ¥945,474,937.79 in Q1 2021, a decrease of 26.3%[16] - Comprehensive income for Q1 2022 totaled ¥493,913,798.79, down from ¥725,464,979.49 in Q1 2021, a decline of 31.9%[16] Cash Flow - The net cash flow from operating activities was -¥957,285,180.50, a decline of 56.31% compared to the previous year[4] - In Q1 2022, the cash inflow from operating activities totaled ¥821,182,190.08, a decrease of 4.8% compared to ¥862,235,408.51 in Q1 2021[18] - The net cash outflow from operating activities was ¥957,285,180.50, worsening from a net outflow of ¥612,409,274.38 in the same period last year[18] - Cash inflow from investment activities amounted to ¥4,250,050,614.13, down 23.6% from ¥5,566,411,695.67 in Q1 2021[19] - The net cash flow from investment activities was ¥2,009,458,576.98, an increase of 30.5% compared to ¥1,540,450,455.74 in Q1 2021[19] - The total cash and cash equivalents at the end of Q1 2022 reached ¥1,578,323,521.69, up from ¥1,411,628,718.65 at the end of Q1 2021[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥14,669,522,666.45, down 7.65% from the end of the previous year[5] - The total current assets decreased to RMB 10,799,549,310.18 from RMB 12,224,087,542.58, indicating a decline of about 11.6% year-over-year[13] - The company's total assets as of March 31, 2022, were RMB 14,669,522,666.45, down from RMB 15,884,499,316.23 at the end of 2021, representing a decrease of approximately 7.6%[13] - Total liabilities as of Q1 2022 amounted to ¥1,710,799,782.31, down from ¥3,419,690,230.88 in the previous year[14] - The total liabilities as of March 31, 2022, included accounts payable of RMB 201,900,612.16, down from RMB 265,285,171.26, a decrease of about 24%[13] Equity and Investments - Shareholders' equity attributable to the parent company increased by 3.96% to ¥12,955,693,839.43[5] - Total equity attributable to shareholders was ¥12,955,693,839.43, an increase from ¥12,461,790,746.93 in the previous year[14] - The company's long-term equity investments decreased to RMB 1,210,705,860.84 from RMB 1,282,957,986.93, indicating a reduction of about 5.6%[13] Operational Costs and Expenses - Total operating costs for Q1 2022 were ¥1,357,075,171.09, down from ¥1,387,020,869.70 in Q1 2021, reflecting a cost reduction of 2.4%[15] - Research and development expenses for Q1 2022 were ¥8,292,262.50, up from ¥7,068,294.01 in Q1 2021, reflecting a growth of 17.3%[15] Other Financial Metrics - The weighted average return on equity was 4.12%, a decrease of 1.93 percentage points[5] - Non-recurring gains and losses totaled ¥31,875,730.60 for the period[7] - Deferred income tax liabilities were ¥58,043,505.35 in Q1 2022, compared to ¥63,543,176.16 in the previous year, indicating a reduction of 8.8%[14] - The company reported a significant increase in cash paid for purchasing goods and services, totaling ¥957,838,226.55, compared to ¥860,453,811.84 in Q1 2021, marking an increase of 11.3%[18] - The cash paid for taxes increased significantly to ¥533,203,213.75, compared to ¥359,261,237.54 in Q1 2021, representing a rise of 48.4%[18] Future Outlook - The company has not disclosed specific future outlooks or new product developments in the provided documents[20]

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥3,411,449,525.92, representing a 91.27% increase compared to ¥1,783,573,105.93 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2021 was ¥1,159,174,331.13, a 63.85% increase from ¥707,449,519.37 in the previous year[18]. - The net cash flow from operating activities improved significantly to ¥866,669,429.89, compared to a negative cash flow of ¥52,861,185.48 in the same period last year, marking a 1,739.52% increase[18]. - Basic earnings per share for the first half of 2021 were ¥0.9160, up 63.86% from ¥0.5590 in the same period last year[19]. - The company reported a net profit of ¥941,618,709.12 after deducting non-recurring gains and losses, which is a 77.54% increase from ¥530,383,243.71 in the previous year[18]. - The weighted average return on net assets rose by 3.84 percentage points to 9.53% from 5.69%[20]. - The total amount of non-recurring gains and losses was 217,555,622.01 RMB, with significant contributions from government subsidies and other non-operating income[21]. Assets and Liabilities - The net assets attributable to shareholders at the end of the reporting period were ¥11,476,745,697.70, a decrease of 3.05% from ¥11,838,342,115.02 at the end of the previous year[18]. - Total assets decreased by 5.83% to ¥14,187,864,135.56 from ¥15,066,726,493.73 at the end of the previous year[18]. - The total current assets as of June 30, 2021, amount to ¥10,703,318,072.66, a decrease from ¥11,542,190,276.84 at the end of 2020[110]. - The total non-current assets as of June 30, 2021, are ¥3,484,546,062.90, down from ¥3,524,536,216.89 at the end of 2020[111]. - Total liabilities as of June 30, 2021, were CNY 3,127,490,103.30, compared to CNY 3,837,990,971.64 at the end of 2020, indicating a reduction of approximately 18.4%[117]. Market and Product Development - The company operates in the plant protein beverage industry, which is experiencing growth due to increasing consumer health awareness and dietary changes[23]. - The company has a production capacity of approximately 1.44 million tons per year across 30 production lines for plant protein beverages[28]. - The company has expanded its market presence by establishing production bases and utilizing contract manufacturing to meet growing demand[30]. - The product portfolio includes various walnut milk products, with a focus on maintaining quality through strict supplier management and safety controls[26]. - Future outlook indicates continued growth in the plant protein beverage market, driven by consumer trends towards healthier options[23]. - The company plans to enhance its product offerings and expand its market reach through strategic partnerships and new product development initiatives[25]. Operational Risks and Governance - There were no significant operational risks that impacted the company's production and operations during the reporting period[6]. - The company did not engage in any non-operational fund occupation by controlling shareholders or related parties[6]. - The board of directors confirmed the accuracy and completeness of the financial report, ensuring no misleading statements or omissions[7]. - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board, along with various operational departments[153]. Environmental Compliance - In the first half of 2021, the total COD emissions were 27.75 tons, with a concentration of 115 mg/L, meeting the standard of COD ≤ 500 mg/L[70]. - The company has a wastewater treatment capacity of 2,800 tons per day, utilizing acidification and aeration processes, achieving compliance with environmental standards[70]. - The company has implemented a real-time monitoring system for wastewater emissions, ensuring compliance with pollution discharge standards[75]. - The company has established an emergency response plan for environmental incidents, ensuring rapid response to minimize environmental damage[74]. Shareholder Commitments - The company committed to not transferring or entrusting the management of its shares for 36 months post-listing, ensuring stability in shareholding[82]. - The first major shareholder, Yao Kuizhang, pledged to adhere to regulations regarding share reduction, limiting annual transfers to 25% of their total holdings during their tenure[83]. - Major shareholders, including the first largest shareholder, Yao Kuizhang, have pledged to limit share reductions to no more than 5% of their total holdings per year for two years after the lock-up period expires[86]. - The company has established measures to address any failure to fulfill commitments, including a 12-month prohibition on issuing securities and salary increases for executives until all negative impacts are resolved[86]. Financial Reporting and Compliance - The financial statements are prepared based on the going concern principle, ensuring the company's ability to continue operations[156]. - The company adheres to the enterprise accounting standards, ensuring the accuracy and completeness of its financial reporting[160]. - The consolidated financial statements are prepared based on the financial statements of the company and its subsidiaries, ensuring consistency in accounting policies and periods[168]. - Non-controlling interests are separately presented in the consolidated balance sheet, and the share of net profit attributable to non-controlling interests is shown in the consolidated income statement[169].

Financial Performance - The company's operating revenue for 2020 was RMB 4,427,115,659.46, a decrease of 40.65% compared to RMB 7,459,290,694.08 in 2019[16] - The net profit attributable to shareholders for 2020 was RMB 1,577,853,629.36, down 41.46% from RMB 2,695,295,487.24 in the previous year[16] - The net profit after deducting non-recurring gains and losses was RMB 1,102,373,688.13, a decline of 50.78% compared to RMB 2,239,520,592.50 in 2019[16] - Cash flow from operating activities was RMB 1,080,826,788.59, which is a decrease of 35.34% from RMB 1,671,449,718.82 in the previous year[16] - Basic earnings per share for 2020 was CNY 1.2468, a decrease of 41.46% compared to CNY 2.1298 in 2019[19] - The weighted average return on equity decreased to 13.13% in 2020 from 22.85% in 2019, a reduction of 9.72 percentage points[19] - Total revenue for Q4 2020 was CNY 1,407,788,424.43, with a net profit attributable to shareholders of CNY 409,414,249.67[21] - The company reported a net cash flow from operating activities of CNY 1,598,887,629.63 in Q4 2020, following a negative cash flow in Q1 and Q3[21] Assets and Liabilities - The total assets at the end of 2020 were RMB 15,066,726,493.73, a slight decrease of 0.29% from RMB 15,110,238,657.01 at the end of 2019[18] - The net assets attributable to shareholders at the end of 2020 were RMB 11,838,342,115.02, down 4.63% from RMB 12,413,464,847.63 in 2019[18] - The company's total liabilities included contract liabilities of RMB 1,723,424,399.05, representing 11.44% of total liabilities[67] - The company's retained earnings decreased by 9.59% to RMB 7,203,615,073.91, accounting for 47.81% of total equity[67] Dividends and Share Capital - The proposed cash dividend is RMB 12 per 10 shares, totaling RMB 151,859.23 million, with a cash dividend payout ratio of 96.24%[5] - The company distributed cash dividends of CNY 2 per share, totaling CNY 210,915.60 million, and increased its total share capital by 21,091.56 million shares[19] - The cash dividend payout ratio for 2020 was 96.24%, compared to 78.25% in 2019 and 79.66% in 2018[111] - The total share capital as of December 31, 2020, was 126,549.36 million shares, which was used as the basis for profit distribution[111] Market and Product Strategy - The company plans to continue its strategic focus on market expansion and product development in the upcoming year[6] - The company’s main business remains focused on the production and sale of plant protein beverages, primarily walnut milk[25] - The company actively expands its market presence through e-commerce and community channels, adapting to the fragmented sales environment[35] - The company plans to launch a new strategic product, "Daily Nourishing Plant Milk," to cater to the growing demand for high-protein, cholesterol-free, and lactose-free options[45] - The company aims to enhance its digital transformation and human resource management to improve operational efficiency and competitiveness in 2021[42] Production and Sales - The company produced 473,700 tons and sold 487,300 tons of plant protein beverages during the reporting period, achieving operating revenue of 4.43 billion yuan and a net profit attributable to shareholders of 1.58 billion yuan[47] - The company has a total of 30 production lines for plant protein beverages, with an annual capacity of approximately 1.44 million tons[27] - The company’s walnut protein beverage brand "Six Walnuts" is recognized as the largest in terms of production and sales in China, enhancing its market influence[33] - The company’s products are primarily sold through a distribution model, with direct sales to distributors who then sell to retail terminals[29] Research and Development - The company's R&D expenses for the reporting period amounted to ¥59,199,941.52, representing a year-on-year increase of 4.59%[63] - R&D expenses accounted for 1.34% of total operating revenue, with 296 R&D personnel, making up 15.13% of the total workforce[61] Environmental and Social Responsibility - In 2020, the company donated products worth over 10 million RMB to support epidemic prevention in Wuhan[144] - The company has significantly expanded walnut planting areas in major production regions, enhancing local agricultural management capabilities[144] - The company has implemented internal control processes to improve the quality standards of local suppliers[144] - The company has established an emergency response plan for environmental incidents, ensuring rapid response to minimize environmental damage[149] Compliance and Governance - The company has committed to reducing and regulating related party transactions to protect shareholder interests[122] - The company has retained the auditing firm Deloitte Touche Tohmatsu as its auditor for the fiscal year 2020, with an audit fee of ¥100,000[132] - The company has improved its corporate governance system in accordance with legal requirements[197] - The company has maintained compliance with relevant laws and regulations regarding insider information management[197] Risks and Challenges - The company faces risks related to food safety, market competition, and changing consumer preferences[102][104][105] - Operating revenue decreased by 40.65% compared to the previous year, primarily due to the impact of the COVID-19 pandemic and the earlier timing of the Spring Festival[48]