浙江金海高科股份有限公司独立董事关于 第五届董事会第一次会议相关议案的独立意见 综上，我们同意公司聘任丁伊可女士为公司总经理，聘任穆玲婷女士为公司 董事会秘书，聘任丁伯英女士为公司副总经理，聘任任飞先生为公司财务总监。 独立董事：张淳 姚善泾 高镭 2023 年 8 月 14 日 作为浙江金海高科股份有限公司（以下简称"公司"）的独立董事，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》《公司章程》《公司独立 董事工作制度》等有关规定，本着对公司及全体股东负责的态度，我们对公司第 五届董事会第一次会议提交的《关于聘任公司高级管理人员的议案》进行了认真 核查，现基于独立判断的立场，发表独立意见如下： 1、经核查丁伊可女士、穆玲婷女士、丁伯英女士、任飞先生的教育背景、 工作经历、兼职、职业素养等情况，我们认为，公司聘任的高级管理人员均具备 较高的专业知识和丰富的实际工作经验，具备担任公司相应高级管理人员的资格 和能力，未发现有《公司法》《公司章程》等规定不得担任公司高级管理人员的 情形，不存在中国证券监督管理委员会、上海证券交易所规定的禁止任职情况和 市场禁入处罚并且尚未解除的情况。 2、上述高级管理 ...

证券代码：603311 证券简称：金海高科 公告编号：2023-026 浙江金海高科股份有限公司 关于召开 2022 年度业绩说明会的公告 会 议 召 开 地 点 ： 上海证券 交 易 所 上 证 路 演 中 心 （ 网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频和网络互动 投资者可于 2023 年 6 月 6 日(星期二)至 6 月 12 日(星期一)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过浙江金海高科股份有限 公司（以下简称"公司"）邮箱 touzizhe@goldensea.cn 进行提问。公司将在说 明会上对投资者普遍关注的问题在信息披露允许的范围内进行回答。 公司已于 2023 年 4 月 21 日在上海证券交易所网站（www.sse.com.cn）披露 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 年年 度经营成果、财务状况，公司计划于 2023 年 6 月 13 日（星期二）下午 15:00-16:30 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 本公 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 205,975,212.83, representing a year-on-year increase of 2.23%[5] - The net profit attributable to shareholders decreased by 11.65% to CNY 20,106,941.55 compared to the same period last year[5] - Basic and diluted earnings per share both decreased by 18.18% to CNY 0.09[5] - The net profit for Q1 2023 was CNY 20,106,941.55, a decrease of 11.5% compared to CNY 22,758,304.16 in Q1 2022[19] - The total profit for Q1 2023 was CNY 24,089,080.18, down from CNY 25,150,801.64 in the same period last year, reflecting a decline of 4.2%[19] - Operating profit for Q1 2023 was CNY 24,074,267.41, compared to CNY 25,125,462.49 in Q1 2022, indicating a decrease of 4.2%[19] - The company's total comprehensive income for Q1 2023 was CNY 23,626,639.45, an increase from CNY 21,545,104.03 in Q1 2022, marking an increase of 9.7%[20] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 92.30% to CNY 32,387,252.79[5] - Cash flow from operating activities generated a net amount of CNY 32,387,252.79, significantly up from CNY 16,842,120.30 in Q1 2022, representing an increase of 92.5%[22] - Cash and cash equivalents as of March 31, 2023, totaled CNY 631,915,123.22, compared to CNY 628,104,211.94 at the end of 2022[14] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 562,620,339.98, down from CNY 598,556,532.73 at the beginning of the quarter[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,616,974,947.62, a decrease of 0.55% from the end of the previous year[6] - Total assets as of March 31, 2023, were CNY 1,616,974,947.62, a decrease from CNY 1,625,877,731.57 at the end of 2022[17] - Total liabilities as of March 31, 2023, were CNY 369,612,029.61, down from CNY 402,136,634.77 at the end of 2022[16] - The company's total equity as of March 31, 2023, was CNY 1,247,362,918.01, an increase from CNY 1,223,741,096.80 at the end of 2022[17] - The equity attributable to shareholders increased by 1.93% to CNY 1,247,362,918.01 compared to the end of the previous year[6] Operational Efficiency - The company optimized its receivables structure, leading to improved cash flow and inventory turnover rates[8] - Total operating costs for Q1 2023 were CNY 184,904,102.68, up 3.80% from CNY 178,203,930.96 in Q1 2022[18] - Gross profit for Q1 2023 was CNY 21,071,110.15, reflecting a gross margin of approximately 10.21%[18] - Research and development expenses for Q1 2023 amounted to CNY 3,542,411.58, slightly increasing from CNY 3,410,962.02 in Q1 2022[18] - Accounts receivable increased to CNY 203,703,351.14 as of March 31, 2023, compared to CNY 190,739,065.36 at the end of 2022[14] - Inventory as of March 31, 2023, was CNY 159,688,668.40, down from CNY 172,237,122.80 at the end of 2022[15] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,570[10] Government Support - The company received government subsidies amounting to CNY 2,564,205.24, which are included in the current period's profit[7] Foreign Exchange Impact - The company incurred a foreign exchange loss of CNY 498,719.79 in Q1 2023, compared to a loss of CNY 1,669,497.70 in Q1 2022[24] Taxation - The company’s income tax expense for Q1 2023 was CNY 3,982,138.63, up from CNY 2,392,497.48 in Q1 2022, indicating an increase of 66.4%[19]

Financial Performance - The company's operating revenue for 2022 was CNY 789,332,859.62, an increase of 4.18% compared to CNY 757,635,049.07 in 2021[21]. - The net profit attributable to shareholders of the listed company was CNY 75,617,030.86, up 5.76% from CNY 71,499,366.78 in the previous year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 34.76% to CNY 42,264,686.66 from CNY 64,785,795.66 in 2021[21]. - The net cash flow from operating activities increased significantly by 152.47% to CNY 174,890,370.51 from CNY 69,272,752.46 in 2021[21]. - The total assets of the company at the end of 2022 were CNY 1,625,877,731.57, a 26.45% increase from CNY 1,285,800,960.65 in 2021[21]. - The net assets attributable to shareholders of the listed company rose to CNY 1,223,741,096.80, a 43.14% increase from CNY 854,934,253.25 in 2021[21]. - The basic earnings per share for 2022 were CNY 0.36, reflecting a 5.88% increase from CNY 0.34 in 2021[22]. - The weighted average return on net assets was 8.46%, up from 7.96% in the previous year[22]. Non-Recurring Gains and Losses - The net profit attributable to shareholders, excluding non-recurring gains and losses, for 2022 was ¥42,264,686.66, a decrease of 34.76% compared to the previous year, primarily due to economic downturns and industry cycles[23]. - Non-recurring gains for 2022 included government subsidies amounting to ¥14,437,718.86, compared to ¥8,770,934.39 in 2021[26]. - The total non-recurring gains for 2022 amounted to ¥33,352,344.20 after tax impacts, reflecting a significant contribution to the overall financial performance[27]. Market and Industry Trends - The company established a leading position in the indoor air governance sector, focusing on high-efficiency and low-resistance filtration materials, achieving "import substitution" in the mid-to-high-end filter material market[31]. - The automotive sector has seen increased focus on in-car air quality, with partnerships dating back to 2005 with 3M in automotive air filtration, responding to rising consumer demand for improved air quality in vehicles[33]. - The air filter industry is expected to grow due to ongoing government policies aimed at improving air quality and increasing public awareness of air pollution[39][40]. - The automotive air filter market is projected to grow to 217 billion yuan by 2025, with a compound annual growth rate (CAGR) of 15% from 2022 to 2025[60]. - The market for automotive air filters in the new energy vehicle sector is expected to reach 11.3 billion yuan in 2022 and grow to 79 billion yuan by 2025, with a CAGR of 91%[60]. Strategic Initiatives - The company plans to distribute a cash dividend of CNY 1.20 per 10 shares, totaling approximately CNY 28.31 million before tax[6]. - The company aims to leverage the growing demand for high-end filtration materials in both domestic and international markets, driving innovation and integrated management across production, supply, sales, and research[31]. - The company plans to invest 215 million yuan in a project to produce 5.55 million new energy vehicle air filters annually over a two-year construction period[34]. - The company is focusing on product upgrades, including the introduction of ultra-thin low-resistance virus filters and formaldehyde removal filters, enhancing its competitive edge in the market[86]. - The company plans to establish five new business divisions to enhance its organizational structure and talent pool, addressing the high demand for advanced filtration materials[124]. Research and Development - The company has applied for 32 patents in 2022, more than doubling the growth rate compared to the previous year[81]. - As of December 31, 2022, the company holds a total of 98 authorized patents, including 71 valid patents[82]. - The company plans to increase R&D investment in high-performance filtration materials and functional filtration products, aiming to establish a global R&D center in Shanghai over the next three years[121]. Corporate Governance - The company has established a robust corporate governance structure, complying with relevant laws and regulations, with a clear delineation of responsibilities among its governing bodies[135]. - The total pre-tax remuneration for the board members and senior management during the reporting period amounted to 2,090,828,000 CNY, with no changes in shareholdings reported[138]. - The company has a remuneration and performance assessment system established by the board's remuneration and assessment committee, which is approved by the shareholders' meeting[142]. Environmental Responsibility - The company emphasizes its commitment to environmental responsibility, focusing on green production and minimizing negative impacts on the environment[172]. - The company has achieved ISO14001 environmental management system certification, focusing on reducing environmental impact and enhancing employee awareness of environmental responsibilities[177]. - The company has implemented measures to reduce carbon emissions, including strict compliance with regulations and the establishment of internal standards for harmful substances management[173]. Financial Management - The company has engaged in various financial products, including a total of 25,000,000 RMB in bank wealth management and 41,000,000 RMB in trust products, with no overdue amounts reported[197]. - The company has confirmed that there are no impairment provisions for entrusted financial management, indicating a stable financial outlook[198]. - The company has maintained a consistent approach to managing its financial products, ensuring no overdue amounts across various investment types[196].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥383,272,515.61, a decrease of 1.87% compared to ¥390,586,933.95 in the same period last year[17]. - Net profit attributable to shareholders for the first half of 2022 was ¥47,010,573.54, down 14.54% from ¥55,006,731.93 in the previous year[18]. - The basic earnings per share for the first half of 2022 was ¥0.22, a decline of 15.38% compared to ¥0.26 in the same period last year[17]. - The company reported a decrease of 29.30% in net profit after deducting non-recurring gains and losses, amounting to ¥37,363,587.20 compared to ¥52,847,768.84 in the previous year[18]. - The company achieved a revenue of 383 million CNY in H1 2022, which is approximately flat compared to the previous year, while net profit attributable to shareholders decreased by 14.54% to 47 million CNY[59]. - The total profit for the first half of 2022 was ¥52,455,938.42, a decrease of 14.9% compared to ¥61,308,690.19 in the previous year[138]. - The company reported a loss of ¥118,460.98 in investment income for the first half of 2022, compared to a profit of ¥32,761,203.24 in the same period of 2021[141]. Cash Flow and Financial Position - The net cash flow from operating activities increased by 10.03% to ¥42,863,478.26, up from ¥38,955,523.07 in the previous year[18]. - Operating costs increased by 10.64% to RMB 285.49 million from RMB 258.03 million, primarily due to rising raw material and transportation costs[70]. - The company's total assets at the end of the reporting period were ¥1,292,392,187.06, reflecting a slight increase of 0.51% from ¥1,285,800,960.65 at the end of the previous year[18]. - The company's cash and cash equivalents stood at RMB 258,562,088.38, down from RMB 272,716,195.28[128]. - The total liabilities decreased to RMB 409,916,134.22 from RMB 430,866,707.40, indicating a reduction of about 4.9%[129]. - The company reported a total of CNY 194,907,759.44 in other equity instruments[160]. Market and Industry Trends - The air filtration industry is expected to grow due to ongoing government policies aimed at improving air quality, with specific targets set for 2025[26]. - Increased public awareness of air quality issues is driving demand for air purifiers, particularly in residential settings[27]. - The air conditioning industry is expected to see a shift towards regular filter replacements and the use of long-lasting materials, creating growth opportunities for filtration material manufacturers[29]. - The demand for indoor air purification in public spaces has significantly increased, particularly in offices, due to heightened awareness of air quality and health concerns stemming from the COVID-19 pandemic[30]. - The air filter market is expected to grow due to rising disposable income and increasing air quality demands, with applications in various sectors including HVAC, automotive, and cleanroom environments[35]. Strategic Partnerships and Innovations - The company has established long-term strategic partnerships with major brands such as Gree, Midea, and 3M, enhancing its market position in both domestic and international markets[23]. - Jin Hai Gao Ke has introduced a comprehensive health air solution that includes formaldehyde catalytic decomposition technology, air purifiers, and an intelligent air monitoring system for real-time air quality management[31]. - The company has developed a plant-based antiviral filter material with an antiviral efficiency greater than 99%, which has received positive market feedback[52]. - The company is actively pursuing new technologies in carbon reduction and recycling, indicating a strategic focus on sustainability and innovation[80]. Research and Development - The company is committed to increasing R&D investment and enhancing innovation capabilities, with a dedicated team of 38 researchers, including 13 high-level talents[60]. - Research and development expenses decreased by 33.84% to RMB 6.54 million, reflecting adjustments in R&D plans due to market conditions impacted by the pandemic[70]. - The company is investing in new product development and technology innovation to drive future growth and improve competitive positioning[152]. - The company is focusing on product upgrades, including the development of ultra-thin low-resistance virus filters and formaldehyde removal filters, to meet evolving customer needs[63]. Environmental and Compliance - The company is not classified as a key pollutant discharge unit and has effectively managed waste emissions during the reporting period[96]. - Wastewater discharge met the standards with a chemical oxygen demand (COD) of 8 mg/L against a limit of 500 mg/L[96]. - The company has implemented effective waste gas collection and treatment systems[96]. - The company is committed to green production and has adopted a green design and packaging strategy to minimize environmental impact[101]. Corporate Governance and Shareholder Matters - The company held three shareholder meetings during the reporting period, with all proposed resolutions being approved[88]. - Independent director Wu Jingshen resigned, and Yao Shanjing was elected as the new independent director on January 27, 2022[93]. - The company did not propose any profit distribution or capital reserve transfer plans for the half-year period[94]. - The total number of ordinary shareholders as of the end of the reporting period is 15,696[120]. Future Outlook - The company plans to continue its market expansion strategy, focusing on increasing its user base and enhancing product offerings in the upcoming quarters[152]. - The company has set a performance guidance for the next quarter, aiming for a revenue growth of approximately 10% compared to the current period[151]. - The company is exploring potential mergers and acquisitions to enhance its market presence and operational capabilities[152].

证券代码：603311 证券简称：金海高科 公告编号：2022-031 浙江金海高科股份有限公司 关于接待机构调研的公告 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个别及连带责任。 浙江金海高科股份有限公司（以下简称"公司"）于 2022 年 5 月 31 日至 6 月 1 日通过电话会议交流形式接待了机构调研，现将情况公告如下： 一、调研情况 调研时间：2022 年 5 月 31 日至 6 月 1 日 调研方式：电话会议交流 调研机构名称（排名不分先后）：平安基金 、万家基金、泰康资产、华安基金、 华夏基金、南方基金 、汇丰晋信、新华资产、信达澳银、中欧瑞博、申万菱信、 泰达宏利、华宝基金、淳厚基金、建信基金、国寿资产等。 公司接待人员：董事会秘书穆玲婷 二、交流的主要问题及公司回复概要 1. 有媒体提到我国空气健康家电的普及率仅为 2%，而在韩国，空气健康家 电的普及率高达 70%，面对这么大的市场，公司有什么规划吗？ 答：虽然现在我国空气健康家电的普及率还很低，但我们相信随着公众对"健 康空气"问题关注度的提升，金海高科正在迎 ...

Financial Performance - The company's operating revenue for Q1 2022 was CNY 201,478,102.51, representing a year-on-year increase of 3.45%[5] - The net profit attributable to shareholders decreased by 27.39% to CNY 22,758,304.16 compared to the same period last year[5] - The net profit after deducting non-recurring gains and losses fell by 29.15% to CNY 21,142,559.91[5] - Basic and diluted earnings per share were both CNY 0.11, down by 26.67% year-on-year[6] - The weighted average return on equity decreased by 0.95 percentage points to 2.63%[6] - The company's net profit for Q1 2022 was CNY 22,758,304.16, a decrease of 27.5% compared to CNY 31,344,689.61 in Q1 2021[19] - Total revenue for Q1 2022 was CNY 25,150,801.64, down from CNY 37,554,425.96 in the same period last year, reflecting a decline of 33.0%[19] - Operating profit for Q1 2022 was CNY 25,125,462.49, compared to CNY 37,540,770.05 in Q1 2021, indicating a decrease of 33.1%[19] - The total comprehensive income for Q1 2022 was CNY 21,545,104.03, compared to CNY 23,771,266.04 in Q1 2021, reflecting a decrease of 9.4%[20] Cash Flow and Assets - The net cash flow from operating activities surged by 528.79% to CNY 16,842,120.30, primarily due to improved cash management and inventory reduction[10] - Cash flow from operating activities for Q1 2022 was CNY 16,842,120.30, significantly up from CNY 2,678,491.21 in Q1 2021, representing a growth of 529.5%[21] - The company reported cash inflows from operating activities totaling CNY 263,215,604.16, compared to CNY 168,253,758.13 in the previous year, an increase of 56.5%[21] - Cash and cash equivalents decreased to CNY 241,151,239.18 as of March 31, 2022, down from CNY 272,716,195.28 at the end of 2021[14] - Cash and cash equivalents at the end of Q1 2022 were CNY 217,586,094.57, down from CNY 265,487,386.42 at the end of Q1 2021, a decrease of 18.0%[21] - The company incurred a net cash outflow from investing activities of CNY 48,667,730.08 in Q1 2022, compared to CNY 22,662,203.40 in Q1 2021, indicating a worsening of 114.5%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,256,605,486.45, a decrease of 2.27% from the end of the previous year[6] - Total assets decreased to CNY 1,256,605,486.45 from CNY 1,285,800,960.65 at the end of 2021[17] - Total liabilities decreased to CNY 380,126,129.17 from CNY 430,866,707.40 at the end of 2021[16] - The company's equity attributable to shareholders increased to CNY 876,479,357.28 from CNY 854,934,253.25 at the end of 2021[17] - Shareholders' equity attributable to the parent company increased by 2.52% to CNY 876,479,357.28[6] Expenses and Costs - Total operating costs for Q1 2022 were CNY 178,203,930.96, up 12.0% from CNY 158,972,341.27 in Q1 2021[18] - Gross profit for Q1 2022 was CNY 23,274,171.55, resulting in a gross margin of approximately 11.5%[18] - Research and development expenses for Q1 2022 were CNY 3,410,962.02, a decrease from CNY 4,060,726.60 in Q1 2021[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,976[12] - The company reported non-recurring gains of CNY 1,615,744.25, primarily from government subsidies and asset disposals[9] Foreign Exchange and Other Gains - The company reported a foreign exchange loss of CNY 1,669,497.70 in Q1 2022, compared to a loss of CNY 6,643,579.75 in Q1 2021, showing an improvement of 74.8%[21]

Financial Performance - The company's operating revenue for 2021 was ¥757,635,049.07, an increase of 9.27% compared to ¥693,341,594.48 in 2020[19] - The net profit attributable to shareholders for 2021 was ¥71,499,366.78, a decrease of 23.41% from ¥93,351,547.49 in the previous year[19] - The net cash flow from operating activities decreased by 54.89% to ¥69,272,752.46, down from ¥153,563,506.92 in 2020[19] - The total assets at the end of 2021 were ¥1,285,800,960.65, representing a 4.21% increase from ¥1,233,866,188.22 at the end of 2020[19] - The basic earnings per share for 2021 were ¥0.34, down 22.73% from ¥0.44 in 2020[20] - The weighted average return on equity decreased to 7.96% in 2021, down from 10.97% in 2020, a reduction of 3.01 percentage points[20] - The company's net assets attributable to shareholders at the end of 2021 were ¥854,934,253.25, a slight decrease of 0.88% from ¥862,531,182.07 at the end of 2020[19] - The company reported a net cash flow from operating activities increase due to a rise in orders and higher raw material prices, alongside increased procurement and inventory needs[81] Revenue Breakdown - In 2021, the company achieved total operating revenue of approximately 1.01 billion RMB, with quarterly revenues of 194.76 million RMB, 195.83 million RMB, 163.68 million RMB, and 203.37 million RMB respectively[9] - Revenue from air filters reached ¥433.42 million, with a gross margin of 32.34%, reflecting a decrease of 5.83 percentage points year-over-year[83] - The revenue from air conditioning wheels and related products was ¥293.24 million, with a gross margin of 21.27%, down by 4 percentage points compared to the previous year[83] - Domestic revenue was ¥331.47 million, with a gross margin of 18.8%, showing a year-over-year decrease of 3 percentage points[84] - International revenue reached ¥424.26 million, with a gross margin of 33.8%, reflecting a decrease of 7.09 percentage points year-over-year[84] - The company's sales revenue from air filters, heat exchangers, and air conditioning wheels reached CNY 755.73 million, accounting for 99.75% of total operating revenue[192] Market Position and Strategy - The company has established a competitive edge in the air filtration market, focusing on high-efficiency and low-resistance filtration materials, achieving "import substitution" in the mid-to-high-end filter material market[27] - The company is expanding its new business segment in advanced materials and environmental protection, enhancing its product offerings and transitioning from product provision to application solutions[31] - The automotive air filtration market is evolving, with increasing emphasis on in-car air quality management systems, particularly in the context of electric vehicles[28] - The company has maintained long-term strategic partnerships with well-known domestic and international brands in the indoor air management sector[27] - Jin Hai Gao Ke has established a unique and differentiated product and service offering in the air filtration industry, enhancing user experience and creating a sustainable competitive advantage[32] Research and Development - Research and development expenses increased by 55.98% to 23 million RMB, reflecting the company's commitment to innovation and product development[80] - The company holds a total of 81 patents as of December 31, 2021, including 23 invention patents and 44 utility model patents, with 21 new patents granted in 2021[71] - The company focuses on R&D transformation, converting inventions into patented technologies to enhance market competitiveness and brand value[60] - The company is actively expanding into new markets, having initiated cooperation with Midea and Hisense in Thailand in the home appliance sector[64] Environmental and Social Responsibility - The company is committed to environmental protection, focusing on reducing environmental impact through green product design and sustainable practices[147] - The company has established a chemical substance management structure to control harmful substances from procurement to product manufacturing[148] - The company uses recyclable packaging for its products and has agreements with customers for the return and reuse of packaging materials[150] - The company has implemented a "green office" initiative, utilizing new systems to optimize processes and reduce paper usage, thereby saving resources[151] - The company has passed the ISO14001 environmental management system certification, adhering to environmental laws and regulations[153] Governance and Management - The company has a remuneration and performance assessment system approved by the board of directors and shareholders[129] - The company has established specialized committees within the board, including the audit committee, nomination committee, compensation and assessment committee, and strategic committee[134] - The company has implemented a series of internal control measures for subsidiaries, ensuring effective execution of internal controls without significant deficiencies[145] - The audit opinion confirmed that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2021[190] Risks and Challenges - The company faces risks from global macroeconomic conditions, including trade tensions and fluctuating political environments, which may impact overseas operations[114] - The company is exposed to raw material price volatility, particularly in petrochemical products, and will manage supplier relationships to mitigate cost impacts[117] - Rising labor costs due to inflation and labor shortages are a concern, prompting the company to enhance automation and increase the proportion of high-value-added products[118] - The company has significant foreign trade exposure, and changes in trade policies and exchange rates may affect profitability, which will be managed through overseas production bases and hedging strategies[119]

Financial Performance - The company's operating revenue for Q3 2021 was ¥163,679,875.42, representing a decrease of 0.93% compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥15,960,672.97, down 21.91% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥12,677,855.89, a decrease of 29.97% compared to the same period last year[3]. - The basic earnings per share for Q3 2021 was ¥0.08, down 20.00% year-on-year[3]. - The diluted earnings per share for Q3 2021 was also ¥0.08, reflecting a 20.00% decrease compared to the same period last year[3]. - The weighted average return on equity for the reporting period was 1.86%, a decrease of 0.65 percentage points compared to the previous year[3]. - Total operating revenue for the first three quarters of 2021 reached ¥554,266,809.37, an increase of 9.0% compared to ¥508,517,286.39 in the same period of 2020[16]. - Net profit for the first three quarters of 2021 was ¥70,967,404.90, a decrease of 3.4% from ¥73,483,215.28 in the same period of 2020[18]. - The company reported a basic earnings per share of ¥0.34 for the first three quarters of 2021, compared to ¥0.35 in the same period of 2020[18]. Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date was ¥46,510,929.44, reflecting a significant decline of 59.59%[3][6]. - The net cash flow from operating activities for the first three quarters of 2021 was ¥46,510,929.44, down 59.6% from ¥115,091,038.21 in 2020[20]. - The company received cash from sales of goods and services totaling ¥529,060,716.79, a decrease from ¥550,316,497.33 in the previous year[20]. - The net cash flow from investment activities was -$114.51 million, a decrease compared to a net inflow of $66.55 million in the previous period[21]. - Cash inflow from financing activities totaled $245.16 million, while cash outflow was $255.49 million, resulting in a net cash flow of -$10.32 million[21]. - The company's cash and cash equivalents decreased by $95.48 million, ending the period with a balance of $230.56 million[21]. - The beginning cash balance was $326.04 million, indicating a significant decrease in cash reserves by the end of the period[21]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,257,318,472.56, an increase of 1.90% from the end of the previous year[4]. - Current assets totaled RMB 794,976,209.25, compared to RMB 786,020,131.26 at the end of 2020, indicating an increase of about 1.2%[12]. - Total current liabilities were RMB 384,309,368.58, compared to RMB 360,717,824.50, indicating an increase of approximately 6.5%[13]. - The total liabilities as of the end of the third quarter of 2021 were ¥399,485,814.01, an increase from ¥371,335,006.15 at the end of 2020[17]. - The total equity attributable to shareholders of the parent company was ¥857,832,658.55, slightly down from ¥862,531,182.07 in the previous year[17]. Expenses and Investments - The total operating costs for the first three quarters of 2021 were ¥482,075,080.23, up from ¥430,524,229.88 in 2020, reflecting a year-over-year increase of 12.0%[17]. - Research and development expenses for the first three quarters of 2021 amounted to ¥20,309,205.60, compared to ¥15,448,564.06 in 2020, indicating a 31.5% increase[17]. - The company reported non-recurring gains of ¥3,282,817.08 for the year-to-date, down from ¥5,441,780.17 in the previous year[6]. - Other comprehensive income after tax for the first three quarters of 2021 was -¥33,665,928.42, worsening from -¥15,727,433.04 in 2020[18]. Changes in Financial Position - The equity attributable to shareholders at the end of the reporting period was ¥857,832,658.55, a slight decrease of 0.54% compared to the end of the previous year[4]. - The company reported no significant changes in shareholder structure during the reporting period[10]. - Cash and cash equivalents were RMB 309,422,045.01, down from RMB 378,278,012.03, representing a decrease of approximately 18.2%[12]. - Accounts receivable rose to RMB 178,257,214.55 from RMB 168,828,834.15, marking an increase of about 5.3%[12]. - Inventory increased to RMB 155,200,005.70 from RMB 146,852,004.63, reflecting a growth of approximately 5.5%[12]. - Short-term borrowings increased to RMB 205,622,267.50 from RMB 165,179,437.50, representing a rise of about 24.5%[13]. - Non-current assets totaled RMB 462,342,263.31, up from RMB 447,846,056.96, reflecting a growth of about 3.1%[13]. - Fixed assets amounted to RMB 331,967,978.02, an increase from RMB 318,270,517.02, representing a growth of approximately 4.3%[13].

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 390.59 million, representing a year-on-year increase of 13.78% compared to CNY 343.30 million in the same period last year[20]. - The net profit attributable to shareholders of the listed company was approximately CNY 55.01 million, a 3.7% increase from CNY 53.05 million in the previous year[20]. - The net profit after deducting non-recurring gains and losses was approximately CNY 52.85 million, which is a significant increase of 22.06% from CNY 43.30 million in the same period last year[20]. - The basic earnings per share for the first half of 2021 was CNY 0.26, up 4.00% from CNY 0.25 in the same period last year[21]. - The diluted earnings per share also stood at CNY 0.26, reflecting the same growth of 4.00% year-on-year[21]. - The total comprehensive income for the first half of 2021 was CNY 37,696,506.34, a decrease from CNY 57,222,965.97 in the same period of 2020[121]. - The company reported a significant increase in investment income of CNY 32,761,203.24, a significant increase from CNY 1,982,872.65 in the previous year[123]. Cash Flow and Assets - The net cash flow from operating activities decreased by 61.56%, amounting to approximately CNY 38.96 million compared to CNY 101.33 million in the previous year[20]. - Cash and cash equivalents decreased by 22.47% to CNY 29,326.92 million compared to the previous period[68]. - Accounts receivable increased by 24.99% to CNY 21,101.26 million, indicating improved collection efforts[68]. - Inventory rose by 7.42% to CNY 15,775.49 million, reflecting increased production or stockpiling[68]. - The company reported a net cash flow from operating activities for the first half of 2021 of ¥38,955,523.07, a decrease of 61.6% compared to ¥101,333,786.10 in the same period of 2020[126]. Market Position and Strategy - The company specializes in high-performance filtration materials with an efficiency of ≥99.97%, serving various applications including air conditioning and air purification systems[24]. - The company has established long-term strategic partnerships with major brands such as Gree, Midea, and 3M, enhancing its market position[25]. - The company is focused on expanding its product offerings in the health and environmental sectors, aiming to evolve from product provision to application solutions[29]. - The company anticipates continued growth in the air filtration market, driven by increasing health awareness and regulatory support for air quality improvements[30]. - The company has achieved a leading position in the high-performance filtration materials sector, with core technologies for high efficiency and low resistance[24]. Research and Development - The company has established a strong technological advantage in producing high-efficiency and low-resistance filtration materials, achieving "import substitution" in the mid-to-high-end filter material market[47]. - As of June 30, 2021, the company holds a total of 64 patents, including 22 invention patents and 13 utility model patents, with 9 new patents added in 2021[48]. - The company is focusing on developing a comprehensive air quality solution, with plans to launch three new solutions: energy-saving, clean air, and safety warning systems[58]. Environmental Responsibility - The company has implemented strict control measures for harmful substances from raw material procurement to product manufacturing, adhering to both Chinese and EU regulations[90]. - The company is committed to reducing its environmental impact through green production practices and has established a chemical substance management structure to oversee compliance[90]. - The company emphasizes the importance of green design and packaging to minimize raw material consumption and enhance recyclability[89]. - The company has adopted "paperless office" practices and online approval processes, leading to substantial cost savings and improved work efficiency while contributing to resource conservation and environmental protection[91]. Shareholder Information - As of the end of the reporting period, the total number of ordinary shareholders was 15,969[102]. - The largest shareholder, Huitou Holdings Group, holds 106,471,817 shares, representing 50.70% of the total shares, with 33,000,000 shares pledged[103]. - The company has not engaged in any significant related party transactions during the reporting period[97]. Operational Challenges - The net cash flow from operating activities decreased by 61.56% to 39 million RMB, primarily due to rising raw material prices and increased procurement needs[67]. - Sales expenses increased by 34.39% to 25 million RMB due to higher order volumes and transportation costs[67]. - Management expenses rose by 36.26% to 30 million RMB, attributed to new office building depreciation and increased employee compensation[67].