苏州龙杰特种纤维股份有限公司（以下简称"公司"）第五届董事会第二次会议于 2023 年 8 月 25 日 10 时在公司会议室以现场加通讯方式召开，会议通知及相关资料已于 2023 年 8 月 15 日通过现场送达、电子邮件、传真方式发出。本次董事会应参加会议董事 8 人，实际参加 会议董事 8 人，会议由席文杰先生主持，公司监事和高级管理人员列席会议。会议的召集和召 开程序符合《中华人民共和国公司法》等法律法规、行政部门规章、规范性文件和《苏州龙杰 特种纤维股份有限公司章程》的有关规定。 二、董事会会议审议情况 证券代码：603332 证券简称：苏州龙杰 公告编号：2023-040 苏州龙杰特种纤维股份有限公司 第五届董事会第二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 表决结果：8 票同意，0 票反对，0 票弃权。 本议案尚需提交 2023 年第一次临时股东大会审议。 （四） 审议通过了《关于召开 2023 年第一次临时股东大会的议案》 据国家有关法律法规及《苏州龙杰特种纤 ...

本公司监事会及全体监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。 苏州龙杰特种纤维股份有限公司 证券代码：603332 证券简称：苏州龙杰 公告编号：2023-041 第五届监事会第二次会议决议公告 三、备查文件 一、监事会会议召开情况 苏州龙杰特种纤维股份有限公司（以下简称"公司"）第五届监事会第二次会 议于 2023 年 8 月 25 日 10：30 时在公司会议室以现场表决的方式召开，会议通 知及相关资料于 2023 年 8 月 15 日通过现场送达、电子邮件、传真方式发出。本 次监事会应参加会议监事3人，实际参加会议监事3人，会议由葛海英女士主持， 公司董事和高级管理人员列席会议。会议的召集和召开程序符合《中华人民共和 国公司法》等法律法规、行政部门规章、规范性文件和《苏州龙杰特种纤维股份 有限公司章程》的有关规定。 二、监事会会议审议情况 1、审议通过了《<2023 年半年度报告>及摘要》 监事会在了解和审核公司《2023 年半年度报告》后认为, 公司《2023 年半 年度报告》的编写符合相关法律法规以及《公司章程》，公允地反映 ...

证券代码：603332 证券简称：苏州龙杰 公告编号：2023-044 苏州龙杰特种纤维股份有限公司 关于变更公司注册资本、修订〈公司章程〉并办理工商变更 登记事宜的公告 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。 苏州龙杰特种纤维股份有限公司（以下简称"公司"）于2023年8月25日在公 司会议室召开了第五届董事会第二次会议，审议通过了《关于变更公司注册资本、 修订〈公司章程〉并办理工商变更登记事宜的议案》。 一、公司注册资本变更情况 公司于2023年5月26日召开2022年年度股东大会，审议通过《2022年年度利 润分配预案》：以实施本次利润分配的股权登记日股本为基数，向全体股东每10 股派发现金红利1.0元（含税），以资本公积金向全体股东每10股转增3股。在实 施权益分派的股权登记日前公司总股本发生变动的，拟维持分配总额不变，相应 调整每股分配比例。 根据《公司法》《证券法》《自律监管指引第 7 号》等有关法律、法规的 规定，上市公司回购专用证券账户中的股份，不享有股东大会表决权、利润分配、 公积金转增股本、认 ...

证券代码：603332 证券简称：苏州龙杰 公告编号：2023-039 苏州龙杰特种纤维股份有限公司 投资者可于 2023 年 08 月 25 日(星期五) 至 08 月 31 日(星期四)16:00 前登录上 证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 关于召开 2023 年半年度业绩说明会的公告 longjie@suzhoulongjie.com 进行提问。公司将在说明会上对投资者普遍关注的问 题进行回答。 苏州龙杰特种纤维股份有限公司（以下简称"公司"）将于 2023 年 8 月 29 日发布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 09 月 01 日 下午 13:00-14:00 举行 2023 年半年度业绩说明会，就投资者关心的问题进行交流。 会议召开时间：2023 年 09 月 01 日(星期五) 下午 13:00-14:00 会议召开地点：上海证券交易所上证路演中心（网址： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 本公司董事会及全体董事保 ...

证券代码：603332 证券简称：苏州龙杰 公告编号：2023-024 苏州龙杰特种纤维股份有限公司 关于召开 2022 年度业绩说明会的公告 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个别及连带责任。 重要内容提示： 投资者可于 2023 年 05 月 06 日(星期六)至 05 月 09 日(星期二)16:00 前通过公司 邮箱（longjie@suzhoulongjie.com）进行提问。公司将在说明会上对投资者普遍 关注的问题进行回答。 苏州龙杰特种纤维股份有限公司（以下简称"公司"）已于 2023 年 4 月 25 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 05 月 12 日下午 13:00-14:00 举 行 2022 年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就 ...

Financial Performance - The net profit for 2022 was -50,406,581.03 CNY, indicating a loss for the year[6]. - The company's operating revenue for 2022 was CNY 1,066,207,103.64, a decrease of 0.55% compared to CNY 1,072,150,905.23 in 2021[22]. - The net profit attributable to shareholders was a loss of CNY 50,406,581.03, representing a decline of 236.45% from a profit of CNY 36,940,988.46 in the previous year[24]. - The net cash flow from operating activities was negative CNY 60,776,424.62, down 153.26% from CNY 114,114,140.96 in 2021[25]. - Basic earnings per share were CNY -0.30, a decrease of 236.36% compared to CNY 0.22 in 2021[24]. - The company's total assets at the end of 2022 were CNY 1,546,437,545.70, down 5.55% from CNY 1,637,282,324.51 at the end of 2021[22]. - The weighted average return on equity was -3.84%, a decrease of 6.58 percentage points from 2.74% in the previous year[24]. - The net profit after deducting non-recurring gains and losses was CNY -67,529,425.71, a decline of 528.69% from CNY 15,752,513.14 in 2021[22]. Profit Distribution - The proposed profit distribution plan includes a cash dividend of 1.0 CNY per 10 shares (tax included) and a capital reserve conversion of 3 shares for every 10 shares held[6]. - The company plans to submit the profit distribution proposal to the 2022 annual general meeting for approval[6]. - The profit distribution for the period included a distribution to owners (or shareholders) amounting to 35,681,400.00[200]. Risks and Challenges - The company has detailed potential risks in the report, which investors should review[8]. - The report includes a risk statement regarding forward-looking statements, advising investors to be cautious[7]. - The polyester market environment deteriorated significantly in 2022, with product prices showing a downward trend in the second half of the year due to weak terminal demand[29]. - The company faced increased raw material costs due to fluctuations in international oil prices, impacting production and sales margins[25]. - The overall polyester market in 2022 was characterized by high costs and increased supply pressures, resulting in a significant decline in industry profitability[32]. - The company faces risks from macroeconomic changes that could impact the polyester filament industry and its profitability[85]. - The company is exposed to operational risks, including potential declines in product demand and increased competition in the differentiated polyester filament market[86]. Research and Development - Research and development expenses amounted to ¥46,818,631.34, a decrease of 2.54% from the previous year[42]. - The company has maintained a leading position in the development of faux fur fibers, with significant improvements in the quality of faux suede fibers and successful development of new composite fibers[31]. - The company has developed a series of high-value-added polyester filament products, including ultra-realistic animal fur fibers and ultra-fine PTT fibers, enhancing its market share in differentiated products[36]. - The company aims to enhance its product innovation capabilities and develop high-value-added products, including ultra-simulated, high-performance, multifunctional, and environmentally friendly fibers[82]. - The company plans to leverage its high-tech differentiated fiber engineering research center to deepen the development of products like PTT fibers and regenerated eco-friendly fibers[83]. Governance and Compliance - The board of directors and supervisory board members have confirmed the authenticity and completeness of the annual report[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company reported no major legal violations or irregularities during the reporting period[90]. - The company is committed to enhancing its governance in accordance with the Company Law and Securities Law, ensuring effective operation of its governance structure[89]. Environmental Responsibility - The company received an administrative penalty from the Suzhou Ecological Environment Bureau in August 2022, indicating a significant environmental violation[76]. - The company has implemented various pollution control measures, including an organic waste gas treatment system and a wastewater treatment facility[125]. - The company has reduced carbon emissions by 4,061 tons through measures such as replacing diesel forklifts with electric ones and using biomass-based materials[128]. - The company has established a comprehensive environmental monitoring system, including online monitoring for wastewater discharge connected to government oversight[126]. Shareholder Information - The largest shareholder, Zhangjiagang Longjie Investment Co., Ltd., holds 86,240,000 shares, accounting for 51.79% of the total shares[164]. - Shareholder Xi Wenjie and Xi Liang each hold 5,297,600 shares, representing 3.18% of the total shares[164]. - The company has not reported any changes in its asset and liability structure during the reporting period[160]. - The total number of ordinary shareholders increased to 15,322 by the end of the reporting period, up from 14,359 at the end of the previous month[161]. Financial Management - The company has invested CNY 1,267,000,000 in bank wealth management products using its own funds, with an outstanding balance of CNY 420,000,000 as of December 31, 2022[146]. - The company’s financial management strategy includes a focus on structured deposits and investment products to enhance returns for shareholders[148]. - The annualized return on entrusted financial management was reported at 1.50% to 1.88% across various financial products[148]. Audit and Internal Controls - The audit report issued by Gongzheng Tianye Certified Public Accountants is a standard unqualified opinion[5]. - The internal control audit report concluded that the company maintained effective financial reporting internal controls in all material aspects[122]. - The management is responsible for ensuring the financial statements are free from material misstatement due to fraud or error, emphasizing the importance of internal controls[181].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 195,757,069.48, representing a decrease of 1.70% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of CNY 12,489,179.56, with a net profit excluding non-recurring items of CNY -16,037,878.85[5]. - The net profit for Q1 2023 was a loss of CNY 12,489,179.56, compared to a loss of CNY 13,430,782.71 in Q1 2022, indicating an improvement in performance[20]. - The weighted average return on equity was -0.99%, an increase of 0.01 percentage points[5]. - The company's basic and diluted earnings per share for Q1 2023 were both CNY -0.08, unchanged from Q1 2022[20]. Cash Flow - The net cash flow from operating activities was negative at CNY -113,175,926.03[5]. - The company's cash flow from operating activities increased significantly to CNY 206,475,018.62 in Q1 2023, compared to CNY 111,140,680.03 in Q1 2022, representing an increase of approximately 85.73%[22]. - The net cash flow from operating activities was -$113.18 million, compared to -$93.20 million in the previous year, indicating a decline of approximately 21.5%[23]. - The company reported a total cash outflow from operating activities of $320.86 million, compared to $241.03 million in the previous year, marking an increase of about 33.2%[23]. Assets and Liabilities - Total assets at the end of Q1 2023 were CNY 1,473,356,350.24, down 4.73% from the end of the previous year[6]. - The total assets decreased from CNY 1,546,437,545.70 in Q1 2022 to CNY 1,473,356,350.24 in Q1 2023, a decline of approximately 4.73%[16]. - The total liabilities decreased from CNY 277,038,396.90 in Q1 2022 to CNY 216,446,381.00 in Q1 2023, a reduction of about 21.83%[16]. - The company's total equity decreased from CNY 1,269,399,148.80 in Q1 2022 to CNY 1,256,909,969.24 in Q1 2023, a decline of approximately 0.98%[16]. Shareholder Information - The top shareholder, Zhangjiagang Longjie Investment Co., Ltd., holds 51.79% of the shares, totaling 86,240,000 shares[10]. - The total number of ordinary shareholders at the end of the reporting period was 14,359[9]. Government Support and Expenses - The company reported government subsidies recognized in the current period amounting to CNY 51,482.20[7]. - Research and development expenses for Q1 2023 were CNY 7,901,708.47, down from CNY 11,591,246.30 in Q1 2022, a decrease of about 31.06%[19]. Investment Activities - Total cash inflow from investment activities was $444.12 million, down from $489.62 million year-over-year, representing a decrease of about 9.3%[23]. - The net cash flow from investment activities was $89.64 million, a decrease of 50.3% from $178.35 million in the same quarter last year[23]. - The cash flow from investment activities included cash received from investment recovery of $440.00 million, down from $483.00 million, a decrease of approximately 8.9%[23]. Financial Reporting - The company did not apply new accounting standards for the current year, maintaining consistency in financial reporting[24]. - The company has not disclosed any new product developments or market expansion strategies in this report[11].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 463.17 million, an increase of 7.58% compared to CNY 430.53 million in the same period last year[20]. - The net profit attributable to shareholders of the listed company was a loss of CNY 23.89 million, a decrease of 262.40% compared to a profit of CNY 14.71 million in the same period last year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of CNY 31.96 million, a decrease of 818.27% compared to a profit of CNY 4.45 million in the same period last year[20]. - The basic and diluted earnings per share were both CNY -0.14, a decrease of 216.67% compared to CNY 0.12 in the same period last year[22]. - The weighted average return on net assets was -1.78%, a decrease of 2.87 percentage points compared to 1.09% in the same period last year[22]. - The company's net assets attributable to shareholders at the end of the reporting period were CNY 1.30 billion, a decrease of 4.39% from CNY 1.36 billion at the end of the previous year[20]. - The total assets at the end of the reporting period were CNY 1.55 billion, a decrease of 5.38% from CNY 1.64 billion at the end of the previous year[20]. - The net cash flow from operating activities was negative at CNY -101.99 million, worsening from CNY -30.32 million in the previous year, indicating challenges in cash generation[36]. - The company reported a net loss of CNY 23,888,154.45 for the first half of 2022, compared to a net profit of CNY 14,709,370.81 in the same period of 2021[84]. Operational Challenges - The company faced significant challenges due to the domestic COVID-19 pandemic and fluctuations in international oil prices, leading to increased raw material costs and reduced gross profit margins[23]. - The polyester fiber industry is experiencing a slowdown in investment growth and a decline in new capacity, with a focus on differentiated products to meet market demand[26]. - The main reason for the increase in operating costs is the rise in raw material prices during the period[37]. - The net cash flow from operating activities decreased due to an increase in cash paid for purchasing goods and services[37]. Research and Development - The company is focused on developing new polyester fibers, including PTT and PBT fibers, which have unique properties compared to conventional fibers[10]. - The company is committed to developing differentiated fibers, including high-fidelity animal hair fibers and environmentally friendly fibers made from bio-based or recycled materials[27]. - Research and development expenses rose by 16.01% to CNY 25.04 million, up from CNY 21.59 million in the previous year, reflecting the company's commitment to innovation[36]. - The company has developed a series of high-tech products, including ultra-realistic animal fur fibers and environmentally friendly recycled fibers, enhancing its market position[30]. Market Position and Strategy - The company is committed to expanding its market presence and enhancing its product offerings through innovation[10]. - The market share of PTT fibers continues to rank among the top in the industry, indicating strong competitive positioning[34]. - The company has been recognized as a high-tech enterprise and has received various honors, including being named a "demonstration enterprise for technological innovation" in the chemical fiber industry[30]. - The company is strategically located in Jiangsu Zhangjiagang, a region known for its mature textile industry, facilitating better market access and collaboration[32]. Environmental Compliance - The company has implemented various pollution control facilities, including an organic waste gas treatment system and a wastewater treatment facility, ensuring compliance with environmental standards[48]. - During the reporting period, the company did not receive any administrative penalties related to environmental issues[49]. - The company has adopted new energy-efficient equipment and automated systems to reduce carbon emissions, achieving significant energy savings[51]. - The company has established a third-party monitoring system for water, air, and noise emissions, ensuring compliance with national pollution discharge standards[50]. Shareholder and Governance Matters - The company did not distribute profits for the first half of 2022 and did not increase capital reserves to share capital[4]. - The company has a controlling shareholder, Longjie Investment, which holds 51.79% of the company's shares[95]. - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board[103]. - The company has committed to minimizing related party transactions with Suzhou Longjie and ensuring fair market practices if unavoidable[57]. Future Outlook - The company provided an optimistic outlook for the second half of 2022, projecting a revenue growth of 25%[59]. - New product launches are expected to contribute an additional 300 million in revenue by the end of the year[60]. - The company is investing heavily in R&D, with a budget increase of 30% to enhance technology development[59]. - Market expansion plans include entering three new international markets by Q4 2022[60]. Financial Reporting and Compliance - The company guarantees the authenticity, accuracy, and completeness of the semi-annual report, with no false records or misleading statements[7]. - The semi-annual report has not been audited[7]. - The company has made commitments regarding the authenticity and completeness of the information in the prospectus, ensuring no misleading statements or omissions[62]. - The company has not received any non-standard audit opinions related to the previous annual report[64].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 199,147,293.86, representing a year-on-year increase of 15.41%[4] - The net profit attributable to shareholders of the listed company was a loss of CNY 13,430,782.71, a decrease of 210.19% compared to the same period last year[4] - The basic and diluted earnings per share were both CNY -0.11, reflecting a decrease of 210.00%[4] - The weighted average return on equity was -1.00%, a decrease of 1.91 percentage points[4] - The net profit for Q1 2022 was a loss of CNY 13,430,782.71, compared to a profit of CNY 12,188,714.43 in Q1 2021, indicating a significant decline in profitability[15] - The company's operating profit for Q1 2022 was a loss of CNY 13,256,146.74, compared to a profit of CNY 14,306,303.03 in Q1 2021, highlighting operational difficulties[15] Cash Flow - The net cash flow from operating activities was a negative CNY 93,201,382.79, indicating a significant decrease in cash received from sales[4] - The net cash flow from operating activities was -$93.2 million, compared to -$64.5 million in the previous quarter, indicating a decline in operational cash generation[19] - The company reported cash inflow from operating activities of $147.8 million, down from $200.0 million in the previous quarter, indicating a decrease in sales and service cash receipts[19] - Cash outflow from operating activities was $241.0 million, compared to $264.5 million in the previous quarter, showing a reduction in operational expenditures[19] - The company did not report any cash inflow from financing activities, while cash outflow was $8.3 million, leading to a net cash flow from financing activities of -$8.3 million[19] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,611,624,352.65, down 1.57% from the end of the previous year[5] - The equity attributable to shareholders of the listed company was CNY 1,342,056,347.12, a decrease of 0.99% from the previous year-end[5] - The company's total assets as of March 31, 2022, were CNY 1,611,624,352.65, a decrease from CNY 1,637,282,324.51 as of December 31, 2021[12] - The total liabilities decreased to CNY 269,568,005.53 in Q1 2022 from CNY 281,795,194.68 in Q1 2021, reflecting a reduction in financial obligations[13] - The total current assets as of March 31, 2022, were CNY 1,047,747,252.46, slightly down from CNY 1,065,949,374.27 at the end of 2021, indicating a stable but cautious asset management approach[12] Inventory and Expenses - The company's inventory increased to CNY 306,803,915.89 as of March 31, 2022, compared to CNY 223,686,878.14 at the end of 2021, suggesting potential growth in production or sales[12] - Research and development expenses for Q1 2022 were CNY 11,591,246.30, up from CNY 9,196,367.77 in Q1 2021, indicating a focus on innovation[14] Non-Recurring Items - Non-recurring gains and losses amounted to CNY 5,712,858.36, primarily due to government subsidies and other income[6] - The company experienced a significant increase in raw material prices, which contributed to the decline in net profit[6] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,274[8]

Financial Performance - Suzhou Longjie achieved a net profit of CNY 36,940,988.46 for the year 2021, with a proposed cash dividend of CNY 3.0 per 10 shares and a capital reserve increase of 4 shares for every 10 shares held[6]. - The company's operating revenue for 2021 was approximately CNY 1.072 billion, representing a year-on-year increase of 21.90% compared to CNY 879.5 million in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 36.94 million, a 3.17% increase from CNY 35.81 million in 2020[22]. - The basic earnings per share for 2021 was CNY 0.31, reflecting a 3.33% increase from CNY 0.30 in 2020[22]. - The net profit after deducting non-recurring gains and losses was CNY 15.75 million, up 75.21% from CNY 8.99 million in 2020[22]. - The net cash flow from operating activities for 2021 was CNY 114.11 million, a decrease of 28.96% compared to CNY 160.63 million in 2020[22]. - The total assets at the end of 2021 were approximately CNY 1.637 billion, an increase of 10.21% from CNY 1.486 billion at the end of 2020[22]. - The weighted average return on equity for 2021 was 2.74%, an increase of 0.1 percentage points from 2.64% in 2020[23]. Corporate Governance - The board of directors has confirmed that all members attended the board meeting, ensuring governance compliance[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[8]. - There are no violations of decision-making procedures regarding external guarantees, indicating sound corporate governance practices[8]. - The company has established a robust corporate governance structure, complying with relevant laws and regulations, ensuring effective operation of the shareholders' meeting, board of directors, and supervisory board[86]. - During the reporting period, the company held one shareholders' meeting and five board meetings, all conducted in accordance with legal and regulatory requirements[86]. - The company reported no significant legal violations or irregularities during the reporting period, maintaining compliance with corporate governance standards[88]. Risk Management - The company has outlined potential risks in its management discussion, advising investors to be aware of investment risks[7]. - The report includes a detailed description of potential risks that the company may face, emphasizing transparency in risk management[8]. - The company faced multiple challenges during the reporting period, including the impact of COVID-19, global supply chain disruptions, and rising raw material prices, leading to a weakened market and intensified competition[30]. - The company’s product portfolio includes differentiated polyester filament and PTT fibers, with potential risks of sales and profit margin declines due to changing market demands and increased competition[83]. - Fluctuations in raw material prices, particularly PET and PTT chips, significantly affect production costs, with PET chip prices being volatile and PTT chip prices remaining relatively stable[84]. Research and Development - The company focuses on differentiated products, with a strong emphasis on R&D, resulting in the successful development of high-value polyester fibers, including ultra-realistic animal fur fibers and eco-friendly recycled fibers[35]. - The company holds over 60 national patents and has been recognized as a high-tech enterprise, contributing to the establishment of multiple national and industry standards[36]. - Research and development expenses increased by 7.09% to CNY 48,036,920.22, attributed to higher direct investment and personnel costs[40]. - The company has a dedicated team for new product development, focusing on innovation and intellectual property management[95]. - The company plans to enhance its product innovation capabilities by increasing R&D investment and developing high-value-added products such as super-simulated and high-performance fibers[79]. Market and Competitive Position - The polyester fiber industry experienced a slowdown in production growth and investment, with increased market concentration and significant fluctuations in raw material prices due to external factors like the pandemic and geopolitical conflicts[32]. - The overall market for polyester fibers is expected to improve in the second half of the year, driven by seasonal demand and economic recovery[33]. - The company’s PTT fiber maintains a leading market share, showcasing its competitive advantage in the differentiated fiber market[34]. - The company is committed to continuous product innovation and improvement, aligning its offerings with market demands and trends[37]. Financial Management - The company has established a comprehensive internal control system, ensuring the reliability of financial reporting and the safety of assets[116]. - The internal control audit concluded that the company maintained effective financial reporting internal controls in all significant aspects[116]. - The company has committed to enhancing its governance structure and improving the quality of its public company status[116]. - The company has a structured salary system where the annual salary for directors and supervisors is proposed by the Compensation and Assessment Committee and approved by the board[97]. - The performance-based salary for senior management is determined based on the assessment results from the Compensation and Assessment Committee[97]. Shareholder Relations - The company plans to submit the profit distribution proposal to the 2021 annual shareholders' meeting for approval, reflecting a commitment to shareholder returns[6]. - The cash dividend policy stipulates that at least 20% of the distributable profit should be distributed in cash if there are no major investment plans or cash expenditures[111]. - The company has maintained a consistent shareholding structure with no changes in the number of shares held by key executives[91]. - The total number of common shareholders as of the end of the reporting period is 10,906, an increase from 7,274 at the end of the previous month[144]. Environmental Responsibility - The company has implemented various environmental protection measures, including the installation of waste gas treatment systems and wastewater treatment facilities[120]. - The company has achieved significant energy savings by converting to LED lighting and using high-efficiency motors in production lines[121]. - The company has received a pollution discharge permit and has not faced any environmental pollution disputes or incidents during the reporting period[119].