Financial Performance - The company's operating revenue for 2022 was approximately CNY 23.66 billion, representing a 10.62% increase from 2021[17]. - The net profit attributable to shareholders for 2022 was approximately CNY 5.15 billion, a decrease of 37.39% compared to 2021[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 5.06 billion, down 38.24% from the previous year[17]. - The net cash flow from operating activities for 2022 was negative CNY 626 million, compared to positive cash flow in 2021[17]. - The total assets at the end of 2022 were approximately CNY 53.73 billion, an increase of 77.18% from the end of 2021[17]. - The net assets attributable to shareholders at the end of 2022 were approximately CNY 23.83 billion, an increase of 18.38% from the end of 2021[17]. - Basic earnings per share decreased by 41.37% to CNY 4.79 in 2022 compared to CNY 8.17 in 2021[18]. - The weighted average return on equity dropped by 31.61 percentage points to 23.63% in 2022 from 55.24% in 2021[18]. - The gross profit margin for the non-metal smelting sector decreased by 12.87 percentage points to 36.27%[45]. - The gross profit margin for the chemical industry decreased by 23.10 percentage points to 32.70%[45]. Dividend Distribution - The company plans to distribute a cash dividend of 8.8 RMB per 10 shares, totaling approximately 1,040,342,108.08 RMB based on a total share capital of 1,182,206,941 shares as of April 20, 2023[4]. - The cash dividend per 10 shares is CNY 8.80, including tax[134]. - The company declared a cash dividend of CNY 1,040,342,108.08, which represents 20.21% of the net profit attributable to ordinary shareholders in the consolidated financial statements[134]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm for the fiscal year 2022[3]. - The board of directors has confirmed that all members attended the board meeting, ensuring the integrity of the annual report[2]. - The company has confirmed that there are no issues with the accuracy and completeness of the disclosed annual report[6]. - The report outlines the company's commitment to transparency and accountability in financial reporting[2]. - The internal control audit report issued by Tianjian Accounting Firm confirmed effective financial reporting internal controls as of December 31, 2022[140]. Risk Management - The management has detailed potential risks in the third section of the report, highlighting challenges for future development[6]. - The company emphasizes the importance of investment risk awareness in its forward-looking statements[5]. - The management provided a cautious outlook for 2023, anticipating challenges in maintaining profit margins due to market volatility[11]. - The company faces risks from macroeconomic fluctuations that could impact demand for its products in various downstream industries[91]. - The company faces intensified market competition risks due to rapid development in the domestic industrial silicon and organic silicon industries, which may lead to significant product price fluctuations and impact profitability[92]. Strategic Initiatives - The company plans to expand its market presence and invest in new technologies to enhance production efficiency[11]. - The company is focusing on the development of new products to meet increasing market demand[11]. - The company is exploring potential mergers and acquisitions to strengthen its market position[11]. - The company is actively investing in environmental upgrades and automation of production equipment to enhance production efficiency and reduce costs[25]. - The company is expanding its research and development capabilities, including the construction of a new R&D center in Shanghai to attract global talent[25]. Environmental Responsibility - The company has invested CNY 48,991.52 million in environmental protection during the reporting period[140]. - The company is committed to promoting low-carbon technologies and increasing the proportion of green energy usage[90]. - The company is focused on reducing emissions to comply with the ultra-low emission standards for coal-fired power plants[141]. - The company has established a comprehensive environmental monitoring system, combining self-monitoring and third-party assessments to ensure compliance with pollution discharge standards[168]. - The company is committed to continuous improvement in environmental performance through the adoption of advanced technologies[154]. Governance and Management - The company ensures the independence of its management team, with key executives not holding positions in other controlled enterprises, maintaining a total of 274,416,792 shares held by executives at year-end[109]. - The company has established a commitment to independent tax compliance[178]. - The company has a performance-based compensation system that includes basic salary, monthly performance pay, and annual performance pay for its internal directors and senior management[117]. - The company has established specialized committees, including an audit committee and a strategic committee, to enhance governance[122]. - The company’s board has a compensation and assessment committee that implements performance evaluations for senior management[137]. Legal Matters - The company is involved in significant litigation, with claims totaling approximately RMB 6,781.12 million related to breach of contract and damages[194]. - The company has ongoing civil lawsuits with amounts exceeding RMB 1,000 million, which are classified as major cases for disclosure in reports[195]. - The company is currently in the process of reviewing and managing its legal risks associated with ongoing litigation[194]. - The company has reported a total of RMB 7,697.05 million in claims related to mining rights transfer disputes[196]. Research and Development - The company has a total of 368 authorized patents, including 50 invention patents, and has participated in the formulation or revision of 36 industry standards[36]. - The company is investing 50 million in R&D for new technologies aimed at enhancing product efficiency[113]. - The number of R&D personnel was 1,915, accounting for 11.44% of the total workforce, highlighting the company’s commitment to innovation[54]. - The company is expanding its production capacity, which has led to increased sales volume across various product lines[43]. Customer and Market Engagement - The company emphasizes customer service and has a diversified customer base to mitigate reliance on single clients, particularly in the organic silicon sector[33]. - The company achieved a total revenue of approximately CNY 21.99 billion from domestic sales, reflecting a year-on-year increase of 9.99%[76]. - International sales generated approximately CNY 1.53 billion, marking a year-on-year growth of 19.76%[76]. - User data showed an increase in active users by 15% year-over-year, reaching 3 million active users[113].

Financial Performance - The company's operating revenue for Q1 2023 was ¥5,728,645,197.37, a decrease of 10.35% compared to ¥6,389,670,462.80 in the same period last year[5] - Net profit attributable to shareholders was ¥1,002,729,281.42, down 51.11% from ¥2,051,138,425.60 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥960,144,930.88, reflecting a decline of 53.12% compared to ¥2,048,414,056.24 in the previous year[6] - Basic and diluted earnings per share were both ¥0.87, down 54.45% from ¥1.91 in the previous year[6] - Net profit for Q1 2023 was ¥995,991,605.91, down 51.5% from ¥2,052,493,104.91 in Q1 2022[19] - Earnings per share for Q1 2023 were ¥0.87, compared to ¥1.91 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was -¥1,265,258,172.42, a significant decrease of 320.26% from ¥575,979,624.54 in the same period last year[6] - Cash inflow from operating activities was ¥3,564,984,660.82, a decrease from ¥4,730,387,105.62 in the previous year[22] - The net cash flow from operating activities was -1,265,258,172.42, compared to 574,439,951.87 in the previous year, indicating a significant decline in operational cash generation[23] - Total cash inflow from financing activities reached 15,566,530,945.80, a substantial increase from 3,112,010,324.84 in the prior year[23] - The net cash flow from financing activities was 11,708,370,783.45, compared to 2,154,399,980.88 in the previous year, reflecting strong financing efforts[24] - Cash outflow from investing activities totaled 6,463,546,133.84, compared to 1,916,730,584.70 in the previous year, indicating increased investment expenditures[23] - The company reported cash outflows for employee compensation of 567,324,716.86, which is higher than 387,183,847.57 from the previous year[23] - The company experienced a cash outflow of 3,691,180,000.00 for debt repayment, compared to 633,848,921.57 in the previous year, indicating increased debt servicing[23] - The total cash outflow for taxes paid was 445,718,410.84, down from 1,416,037,207.02 in the previous year, indicating a decrease in tax liabilities[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥66,391,657,651.19, an increase of 23.56% from ¥53,733,244,402.71 at the end of the previous year[6] - Current assets totaled ¥22,652,479,702.83, compared to ¥13,538,823,505.51 in the previous year, indicating a growth of about 67.5%[16] - Cash and cash equivalents reached ¥7,454,369,283.70, significantly up from ¥2,382,411,101.84, marking an increase of approximately 224.5%[15] - Total liabilities increased to ¥34,378,293,892.87 from ¥29,755,615,630.72 year-over-year[18] - The company’s total liabilities decreased, with current liabilities at ¥18,381,776,000.00, down from previous levels, indicating improved financial stability[16] Shareholder Information - Shareholders' equity attributable to the parent company increased by 33.72% to ¥31,868,429,025.51 from ¥23,832,206,363.67 at the end of the previous year[6] - The total number of common shareholders at the end of the reporting period was 63,281[12] - The company completed a non-public offering of A-shares, issuing a total of 108,041,364 shares, increasing total shares from 1,074,165,577 to 1,182,206,941[14] Operating Costs and Expenses - Total operating costs increased to ¥4,469,119,809.62, up 14.8% from ¥3,893,595,520.15 in the same period last year[18] - Research and development expenses decreased to ¥171,888,485.17 from ¥292,870,624.82 in Q1 2022, reflecting a reduction of 41.2%[19] Non-Recurring Gains - The company reported non-recurring gains of ¥42,584,350.54 for the period, with government subsidies contributing ¥35,849,452.25[9] - The decline in net profit was primarily attributed to a decrease in sales prices[10]

2022 年半年度报告 公司代码：603260 公司简称：合盛硅业 合盛硅业股份有限公司 2022 年半年度报告 HOSHINE 1 / 175 2022 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人罗立国、主管会计工作负责人张雅聪及会计机构负责人（会计主管人员）张冬 梅声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本半年度报告中详细描述可能存 ...

合盛硅业股份有限公司 2021 年年度报告 公司代码：603260 公司简称：合盛硅业 合盛硅业股份有限公司 2021 年年度报告 HOSHINE 1 / 220 合盛硅业股份有限公司 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人罗立国、主管会计工作负责人张雅聪及会计机构负责人（会计主管人员）张冬梅 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经公司第三届董事会第十次会议决议，公司2021年年度以实施权益分派登记日登记的总股本 为基数分配利润，2021年度利润分配预案为：公司拟向全体股东每10股派发现金红利15.10元（含 税），截至2021年12月31日，公司总股本1,074,165,577股，以此计算共计拟派发现金红利 1,621,990,021.27元。本 ...

合盛硅业股份有限公司 2021 年半年度报告 公司代码：603260 公司简称：合盛硅业 合盛硅业股份有限公司 2021 年半年度报告 HOSHINE 1 / 203 合盛硅业股份有限公司 2021 年半年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、 准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法 律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人罗立国、主管会计工作负责人张雅聪及会计机构负责人（会计主管人 员）张冬梅声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划发展战略等前瞻性描述不构成公司对投资者的实质 承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完 整性 否 十、 重大风险提 ...

[Important Notice](index=3&type=section&id=Important%20Notice) The company's management ensures the truthfulness, accuracy, and completeness of this quarterly report, which remains unaudited [Report Authenticity and Audit Status](index=3&type=section&id=Report%20Authenticity%20and%20Audit%20Status) Management confirms the report's accuracy and completeness, noting it has not been audited - The company's board of directors, supervisory board, and senior management ensure no false records, misleading statements, or major omissions in the report[3](index=3&type=chunk) - This company's Q1 2021 report is unaudited[3](index=3&type=chunk) [Company Overview](index=3&type=section&id=Company%20Overview) This section provides an overview of the company's fundamental situation, including key financial data and shareholder information [Key Financial Data](index=3&type=section&id=Key%20Financial%20Data) In Q1 2021, the company achieved explosive growth, with revenue increasing by 76.21% and net profit attributable to shareholders surging by 261.30%, driven by higher sales volume and prices 2021 Q1 Key Financial Data and YoY Changes | Indicator | Current Reporting Period | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 3,275,925,372.28 | 1,859,113,389.18 | 76.21% | | Net Profit Attributable to Shareholders (Yuan) | 900,845,269.93 | 249,333,578.21 | 261.30% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) (Yuan) | 897,365,659.66 | 242,103,140.76 | 270.65% | | Net Cash Flow from Operating Activities (Yuan) | 301,642,930.35 | 220,196,941.86 | 36.99% | | Basic Earnings Per Share (Yuan/share) | 0.96 | 0.27 | 255.56% | | Weighted Average Return on Net Assets (%) | 8.89% | 2.89% | Increased by 6.00 percentage points | - Total non-recurring gains and losses for the period amounted to **3.48 million Yuan**, primarily including government subsidies and non-operating income/expenses[6](index=6&type=chunk)[7](index=7&type=chunk) [Shareholder Information](index=5&type=section&id=Shareholder%20Information) As of the end of the reporting period, the company had 18,924 shareholders, with a highly concentrated equity structure where the top four shareholders (Ningbo Hesheng Group and Luo family members) collectively hold over 83% as parties acting in concert - Total number of shareholders at the end of the reporting period was **18,924**[8](index=8&type=chunk) Top Five Shareholders' Shareholding | Shareholder Name | Number of Shares Held | Shareholding Ratio (%) | | :--- | :--- | :--- | | Ningbo Hesheng Group Co., Ltd. | 546,647,073 | 58.28 | | Fidelity Industrial Company | 109,813,472 | 11.71 | | Luo Yi | 70,389,831 | 7.50 | | Luo Yedong | 57,302,631 | 6.11 | | Luo Liguo | 10,558,753 | 1.13 | - Ningbo Hesheng Group Co., Ltd., Luo Liguo, Luo Yi, and Luo Yedong are parties acting in concert; Luo Liguo is the actual controller, and Luo Yi and Luo Yedong are his daughter and son, respectively[9](index=9&type=chunk) [Significant Matters](index=6&type=section&id=Significant%20Matters) This section details significant events and their impact, including major changes in financial statement items and the progress of the non-public issuance of A-shares [Analysis of Significant Changes in Financial Statements and Indicators](index=6&type=section&id=Analysis%20of%20Financial%20Changes) During the reporting period, several financial indicators underwent significant changes, with accounts receivable and prepayments increasing due to sales and procurement, revenue and costs rising from volume and price increases, and financing cash flow surging due to increased financing receipts Balance Sheet Major Item Changes and Reasons | Item | Change (%) | Reason | | :--- | :--- | :--- | | Monetary Funds | 79.15% | Primarily due to increased margin deposits for bank acceptances | | Accounts Receivable | 83.50% | Primarily due to increased sales revenue | | Prepayments | 150.72% | Primarily due to increased prepayments for materials | | Contract Liabilities | 83.45% | Primarily due to increased advance receipts for goods | Income Statement Major Item Changes and Reasons | Item | Change (%) | Reason | | :--- | :--- | :--- | | Operating Revenue | 76.21% | Primarily due to increased sales volume and higher sales prices | | Operating Cost | 49.26% | Primarily due to increased sales volume, and reclassification of transportation costs to operating costs | | Selling Expenses | -89.34% | Primarily due to reclassification of transportation costs to operating costs under new revenue recognition standards | | Research and Development Expenses | 49.11% | Primarily due to increased R&D investment | Cash Flow Statement Major Item Changes and Reasons | Item | Change (%) | Reason | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 36.99% | Primarily due to increased cash received from sales of goods | | Net Cash Flow from Investing Activities | Not Applicable | Primarily due to increased capital expenditure | | Net Cash Flow from Financing Activities | 1,110.50% | Primarily due to increased financing receipts | [Progress of Non-Public Issuance of A-Shares](index=7&type=section&id=Progress%20of%20Non-Public%20Issuance) The company is systematically advancing its 2020 non-public issuance of A-shares, aiming to raise up to 2.5 billion Yuan from specific investors (Luo Yi, Luo Yedong) to supplement working capital, a plan approved by the CSRC on March 8, 2021, which will enhance the company's financial strength and optimize its capital structure - The company plans a non-public issuance of A-shares to raise no more than **2.5 billion Yuan** to supplement working capital[13](index=13&type=chunk) - After adjustment, the issuance price for this non-public offering is **18.65 Yuan/share**, with a maximum issuance quantity of **134,048,257 shares**[13](index=13&type=chunk) - On March 8, 2021, the company received the "Approval for Non-Public Issuance of Shares by Hesheng Silicon Industry Co., Ltd." from the China Securities Regulatory Commission (CSRC), signifying regulatory approval for this matter[13](index=13&type=chunk) [Appendix](index=9&type=section&id=Appendix) This section includes the company's financial statements for Q1 2021 and explanations regarding the first-time adoption of the new lease standard [Financial Statements](index=9&type=section&id=Financial%20Statements) This chapter contains the company's consolidated and parent company balance sheets, income statements, and cash flow statements for Q1 2021, reflecting the financial position at period-end, operating results, and cash flows during the reporting period [Consolidated Balance Sheet](index=9&type=section&id=Consolidated%20Balance%20Sheet) This section presents the consolidated balance sheet, providing a comprehensive view of the company's assets, liabilities, and equity as of March 31, 2021 Consolidated Balance Sheet Summary (March 31, 2021 vs December 31, 2020) | Item (Unit: Yuan) | March 31, 2021 | December 31, 2020 | | :--- | :--- | :--- | | **Total Assets** | **21,510,677,235.50** | **20,002,221,427.22** | | Total Current Assets | 5,431,854,448.97 | 4,294,433,231.54 | | Total Non-current Assets | 16,078,822,786.53 | 15,707,788,195.68 | | **Total Liabilities** | **10,820,776,760.53** | **10,215,992,502.33** | | Total Current Liabilities | 8,615,413,671.89 | 7,900,182,167.30 | | Total Non-current Liabilities | 2,205,363,088.64 | 2,315,810,335.03 | | **Total Owners' Equity** | **10,689,900,474.97** | **9,786,228,924.89** | | Total Owners' Equity Attributable to Parent Company | 10,588,828,742.79 | 9,685,841,470.53 | [Parent Company Balance Sheet](index=11&type=section&id=Parent%20Company%20Balance%20Sheet) This section presents the parent company's balance sheet, detailing its individual financial position as of March 31, 2021 Parent Company Balance Sheet Summary (March 31, 2021 vs December 31, 2020) | Item (Unit: Yuan) | March 31, 2021 | December 31, 2020 | | :--- | :--- | :--- | | **Total Assets** | **9,189,639,937.28** | **8,581,447,514.53** | | **Total Liabilities** | **4,927,739,995.41** | **4,417,597,728.71** | | **Total Owners' Equity** | **4,261,899,941.87** | **4,163,849,785.82** | [Consolidated Income Statement](index=14&type=section&id=Consolidated%20Income%20Statement) This section presents the consolidated income statement, outlining the company's overall financial performance for Q1 2021 Consolidated Income Statement Summary (Q1 2021 vs Q1 2020) | Item (Unit: Yuan) | Q1 2021 | Q1 2020 | | :--- | :--- | :--- | | Total Operating Revenue | 3,275,925,372.28 | 1,859,113,389.18 | | Total Operating Costs | 2,197,666,291.92 | 1,584,536,371.08 | | Operating Profit | 1,057,143,630.20 | 271,127,984.30 | | Total Profit | 1,059,536,308.74 | 274,485,462.70 | | Net Profit | 901,529,547.75 | 249,548,872.45 | | Net Profit Attributable to Parent Company Shareholders | 900,845,269.93 | 249,333,578.21 | [Parent Company Income Statement](index=16&type=section&id=Parent%20Company%20Income%20Statement) This section presents the parent company's income statement, detailing its individual financial performance for Q1 2021 Parent Company Income Statement Summary (Q1 2021 vs Q1 2020) | Item (Unit: Yuan) | Q1 2021 | Q1 2020 | | :--- | :--- | :--- | | Operating Revenue | 1,163,938,336.21 | 409,302,565.54 | | Operating Profit | 123,534,887.83 | 25,454,527.09 | | Total Profit | 122,040,839.91 | 22,439,043.53 | | Net Profit | 96,684,961.60 | 18,681,325.28 | [Consolidated Cash Flow Statement](index=17&type=section&id=Consolidated%20Cash%20Flow%20Statement) This section presents the consolidated cash flow statement, summarizing the cash inflows and outflows from operating, investing, and financing activities for Q1 2021 Consolidated Cash Flow Statement Summary (Q1 2021 vs Q1 2020) | Item (Unit: Yuan) | Q1 2021 | Q1 2020 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 301,642,930.35 | 220,196,941.86 | | Net Cash Flow from Investing Activities | -373,566,332.40 | -155,040,903.25 | | Net Cash Flow from Financing Activities | 196,304,588.05 | 16,216,814.93 | | Net Increase in Cash and Cash Equivalents | 125,336,671.05 | 82,479,108.97 | [Parent Company Cash Flow Statement](index=19&type=section&id=Parent%20Company%20Cash%20Flow%20Statement) This section presents the parent company's cash flow statement, detailing its individual cash flows from operating, investing, and financing activities for Q1 2021 Parent Company Cash Flow Statement Summary (Q1 2021 vs Q1 2020) | Item (Unit: Yuan) | Q1 2021 | Q1 2020 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 48,230,345.84 | 65,616,347.41 | | Net Cash Flow from Investing Activities | -81,076,801.51 | -276,315,535.58 | | Net Cash Flow from Financing Activities | 64,692,213.30 | 135,520,406.14 | | Net Increase in Cash and Cash Equivalents | 31,903,786.21 | -74,676,999.65 | [Adjustments for First-Time Adoption of New Lease Standard in 2021](index=20&type=section&id=New%20Lease%20Standard%20Adjustments) Effective January 1, 2021, the company adopted the revised "Accounting Standard for Business Enterprises No. 21 – Leases," leading to retrospective adjustments to the opening financial statements, primarily reclassifying finance-leased fixed assets as right-of-use assets and recognizing corresponding lease liabilities - The company adopted the Ministry of Finance's revised "Accounting Standard for Business Enterprises No. 21 – Leases" starting **January 1, 2021**[38](index=38&type=chunk) - The change in accounting policy resulted in reclassification of relevant asset and liability items in the opening balances, for example, a **decrease of approximately 380 million Yuan in fixed assets** and a **corresponding increase of approximately 380 million Yuan in right-of-use assets** in the consolidated statements; similarly, a **decrease of approximately 74 million Yuan in long-term payables** and a **corresponding increase of approximately 74 million Yuan in lease liabilities**[36](index=36&type=chunk)[37](index=37&type=chunk)[38](index=38&type=chunk)