证券代码：603527 证券简称：众源新材 公告编号：2023-052 安徽众源新材料股份有限公司 第五届监事会第二次会议决议公告 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法律责任。 一、 监事会会议召开情况 安徽众源新材料股份有限公司（以下简称"公司"）于 2023 年 8 月 11 日通 过电话和传真等方式向公司全体监事发出《安徽众源新材料股份有限公司第五届 监事会第二次会议通知》，公司第五届监事会第二次会议于 2023 年 8 月 24 日下 午 3:00 在公司会议室召开，会议应出席监事 3 名，实际出席会议监事 3 名，会 议由监事会主席张成强先生主持。 本次会议的召集和召开符合《中华人民共和国公司法》等有关法律、行政法 规、部门规章、规范性文件和《安徽众源新材料股份有限公司章程》的有关规定。 二、监事会会议审议情况 （一）审议通过《2023 年半年度报告及其摘要》 具体内容详见公司同日披露于上海证券交易所网站（www.sse.com.cn）的《众 源新材 2023 年半年度报告》及《众源新材 2023 年半年度报告摘要 ...

重要内容提示： 一、担保情况概述 证券代码：603527 证券简称：众源新材 公告编号：2023-050 安徽众源新材料股份有限公司 关于为全资子公司提供担保的公告 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。 （一）担保的基本情况 为满足全资子公司永杰铜业的资金需要，近日，公司与华夏银行签订《保证 合同》，公司为永杰铜业提供 3,000 万元的连带责任保证担保，上述担保不存在 反担保。 具体内容详见公司于 2022 年 9 月 28 日 在 上 海 证 券 交 易 所 网 站 （www.sse.com.cn）披露的《众源新材第四届董事会第十七次会议决议公告》（公 告编号：2022-088）、《众源新材关于公司为全资子公司申请银行项目贷款授信 额度提供连带责任保证担保的公告》（公告编号：2022-089），2022 年 10 月 15 日披露的《众源新材 2022 年第三次临时股东大会决议公告》（公告编号： 2022-094），2023 年 3 月 9 日披露的《众源新材第四届董事会第十九次会议决 议公告》（公告编号：202 ...

证券代码：603527 证券简称：众源新材 公告编号：2023-036 安徽众源新材料股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩暨现金分 红说明会的公告 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： 安徽众源新材料股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日 发布公司 2022 年年度报告、2023 年第一季度报告，为便于广大投资者更全面深 入地了解公司 2022 年度及 2023 年第一季度经营成果、财务状况，公司计划于 2023 年 05 月 30 日下午 16:00-17:00 举行 2022 年度暨 2023 年第一季度业绩暨 现金分红说明会，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、2023 年第 一季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 05 月 30 日(星期二)下午 16: ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 1,566,439,770.50, representing a decrease of 9.23% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was CNY 26,657,448.99, an increase of 2.04% year-on-year[5] - The net profit for Q1 2023 was CNY 25,829,736.47, a slight increase from CNY 25,526,824.32 in Q1 2022, representing a year-over-year growth of 1.19%[18] - The total revenue for Q1 2023 was CNY 1,566,439,770.50, a decrease of 9.2% compared to CNY 1,725,776,963.59 in Q1 2022[17] - The total revenue from operating activities decreased to CNY 1,624,273,599.09 in Q1 2023, down from CNY 1,931,340,690.69 in Q1 2022, reflecting a decline of approximately 15.87%[19] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -131,532,337.58, a significant decrease of 565.47% compared to the previous year[5] - The cash flow from financing activities showed a net inflow of CNY 171,581,129.29 in Q1 2023, a significant increase from CNY 14,169,585.03 in Q1 2022[20] - The company's cash flow from operating activities showed a net outflow of ¥53,523,326.76, worsening from a net outflow of ¥13,587,845.91 in Q1 2022[27] - Cash and cash equivalents at the end of Q1 2023 were ¥44,025,720.37, compared to ¥20,675,575.05 at the end of Q1 2022, reflecting improved liquidity[28] - The cash and cash equivalents decreased to CNY 174,780,617.80 in Q1 2023 from CNY 216,735,843.48 in Q4 2022, a decline of 19.4%[15] Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,352,685,356.16, reflecting an increase of 8.61% from the end of the previous year[6] - The company's total liabilities increased to CNY 1,142,516,923.03 in Q1 2023, up from CNY 982,797,565.58 in Q1 2022[16] - The total liabilities decreased slightly to ¥428,987,314.03 from ¥431,293,452.79 year-over-year[23] - The company's total equity increased to CNY 1,210,168,433.13 as of March 31, 2023, compared to CNY 1,183,415,129.27 at the end of 2022[17] - The total equity increased to ¥882,700,299.72 from ¥861,239,838.29 year-over-year, showing a positive trend in shareholder value[23] Expenses and Investments - Total operating costs for Q1 2023 were CNY 1,535,967,637.87, down 9.6% from CNY 1,698,720,935.49 in Q1 2022[17] - Research and development expenses increased to CNY 21,657,009.19 in Q1 2023, up 100.5% from CNY 10,765,439.64 in Q1 2022[17] - Research and development expenses increased to ¥13,635,026.20, up 121.5% from ¥6,164,417.09 in Q1 2022, indicating a strong focus on innovation[24] - The company incurred financial expenses of ¥734,400.10, down 59.7% from ¥1,824,942.68 in Q1 2022, indicating better cost management[24] Shareholder Information - The top shareholder, Feng Quanhua, holds 34.34% of the shares, while the second-largest shareholder, Ruan Jiyou, holds 12.58%[11] - The basic and diluted earnings per share were both CNY 0.11[5] - The basic and diluted earnings per share remained stable at CNY 0.11 for both Q1 2023 and Q1 2022[19] Future Outlook - The company plans to focus on expanding its market presence and investing in new technologies to enhance operational efficiency and product offerings in the upcoming quarters[18] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24]

Financial Performance - The company's operating revenue for 2022 was CNY 7,129,422,226.33, representing a 5.16% increase compared to CNY 6,779,789,661.67 in 2021[22]. - The net profit attributable to shareholders of the listed company was CNY 140,405,690.23, a 2.08% increase from CNY 137,541,631.01 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 127,916,361.40, showing a decrease of 1.56% from CNY 129,938,946.87 in 2021[22]. - The cash flow from operating activities was CNY 443,626,376.88, a significant recovery from a negative cash flow of CNY -17,866,987.99 in 2021[22]. - The total assets at the end of 2022 were CNY 2,166,212,694.85, reflecting a 12.82% increase from CNY 1,919,990,460.95 at the end of 2021[22]. - The net assets attributable to shareholders of the listed company increased by 9.24% to CNY 1,152,388,012.26 from CNY 1,054,940,296.55 in 2021[22]. - The basic earnings per share were 0.58 RMB, reflecting a year-on-year increase of 3.57%[33]. - The weighted average return on equity was 12.77%, a decrease of 0.99 percentage points from the previous year[33]. - The gross profit margin for copper foil products was reported at 3.91%, a decrease of 0.48 percentage points year-on-year[47]. Production and Sales - The company produced 109,651 tons of copper strip in 2022, with sales reaching 110,015 tons[33]. - In 2022, the company produced 2,898 tons and sold 2,943 tons of rolled copper foil, with a processing thickness reaching 9 microns[34]. - The annual production capacity for the company's electric vehicle battery tray is currently 300,000 units, with ongoing market expansion efforts[34]. - The company’s production capacity for copper foil products increased from 0.6 thousand tons per year to 100 thousand tons per year over the past decade[42]. - The sales volume of copper foil reached 2,943.42 tons, showing a slight increase compared to the previous year[49]. Research and Development - Research and development expenses rose by 18.17% to 67,624,689.71 RMB, indicating increased investment in innovation[45]. - The company holds 18 invention patents and 85 utility model patents in the new materials sector, and 10 utility model patents in the new energy sector[35]. - The company is currently in the pilot testing phase for several new products, including high-precision copper foil for 5G base stations and high-strength copper alloy strips[60]. - The company is focusing on expanding its product offerings in the high-end electronics and automotive sectors through ongoing R&D efforts[60]. - The company is committed to ongoing research and development in emerging energy technologies and materials[74]. Market Strategy and Expansion - The company focuses on new materials and new energy as its development directions, supported by auxiliary businesses[33]. - The company is actively pursuing market expansion through strategic investments and partnerships in the new energy sector[74]. - The company plans to expand its market presence through new product development and technological advancements[84]. - The company aims to improve its operational efficiency, targeting a reduction in operational costs by 10% over the next fiscal year[86]. - The company is exploring opportunities for mergers and acquisitions to strengthen its market position[84]. Governance and Compliance - The company has held 4 shareholder meetings and 8 board meetings during the reporting period, ensuring compliance with governance standards and protecting shareholder interests[101][103]. - The company maintains independence from its controlling shareholder, ensuring no interference in decision-making and operations, and has not engaged in related party transactions[102]. - The company emphasizes the importance of independent directors and committees in governance, ensuring they fulfill their responsibilities diligently and transparently[103]. - The company adheres to strict information disclosure practices, ensuring compliance with the Shanghai Stock Exchange regulations and maintaining transparency in its operations[104]. - The company has not reported any insider information leakage incidents during the reporting period, maintaining confidentiality among its board members and senior management[104]. Environmental Responsibility - The company has built a wastewater treatment plant and several pollution control facilities, ensuring stable and compliant discharge[147]. - The company has maintained compliance with pollutant discharge standards, with no instances of exceeding discharge limits reported[144]. - The companies have implemented self-monitoring plans for pollutant emissions, with all tested items meeting standards[150]. - The companies have adopted measures to reduce carbon emissions, including using energy-efficient equipment and improving production automation[153]. - The company invested 2.88 million yuan in environmental protection during the reporting period[142]. Financial Management - The total guarantee amount, including guarantees to subsidiaries, is 817,741,829.47 RMB[173]. - The company has not reported any changes in the shareholdings of its directors and senior management during the reporting period[109]. - The company has not experienced any significant accounting errors that would require correction during the reporting period[164]. - The audit opinion confirmed that the financial statements fairly reflect the financial position and operating results of the company as of December 31, 2022[189]. - The management is responsible for assessing the company's ability to continue as a going concern and has disclosed relevant matters accordingly[195].

2022 年第三季度报告 证券代码：603527 证券简称：众源新材 安徽众源新材料股份有限公司 2022 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、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。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 1,691,179,093.52 | -4.31 | 5,368,475,909.88 | 10.3 ...

Financial Performance - The company's operating revenue for the first half of 2022 reached ¥3,677,296,816.36, representing an increase of 18.72% compared to the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥75,338,203.49, up 25.77% year-on-year[18]. - The net cash flow from operating activities was ¥257,369,616.72, a significant recovery from a negative cash flow of ¥116,978,682.62 in the previous year[18]. - Basic earnings per share for the first half of 2022 were ¥0.31, an increase of 24.00% from ¥0.25 in the same period last year[20]. - The company reported a net profit after deducting non-recurring gains and losses of ¥71,623,600.84, which is a 25.41% increase year-on-year[18]. - The company achieved operating revenue of CNY 367,729.68 million, a year-on-year increase of 18.72%[32]. - Net profit attributable to shareholders reached CNY 75.33 million, up 25.77% year-on-year, while the net profit after deducting non-recurring gains and losses was CNY 71.62 million, an increase of 25.41%[32]. - The company reported a significant increase in cash flow from operating activities, amounting to CNY 257.37 million, compared to a negative cash flow in the previous year[38]. - The company reported a revenue of 1,370.67 million from its subsidiary, with a net profit of 1,005.60 million, indicating strong operational performance[58]. - The net profit for the first half of 2022 was 2,035.06 million, reflecting a significant performance in the market[57]. Assets and Liabilities - The total assets increased by 12.74% to ¥2,164,622,584.28 compared to the end of the previous year[19]. - The net assets attributable to shareholders of the listed company rose by 2.48% to ¥1,081,052,866.18[19]. - Total liabilities increased to CNY 1,074,185,764.48 from CNY 853,780,200.35, representing a growth of about 25.8%[105]. - The company's equity attributable to shareholders increased to CNY 1,081,052,866.18 from CNY 1,054,940,296.55, a growth of approximately 2.49%[105]. - The company's cash at the end of the period increased by 133.92% to CNY 441,163,134.29, accounting for 20.38% of total assets[41]. - Accounts receivable decreased by 6.37% to CNY 601,684,157.83, representing 27.80% of total assets[41]. - Inventory decreased by 6.02% to CNY 494,895,436.39, making up 22.86% of total assets[41]. - Long-term equity investments increased by 5.20% to CNY 14,125,303.51, accounting for 0.65% of total assets[41]. - Fixed assets increased by 1.87% to CNY 300,342,043.72, representing 13.88% of total assets[41]. Production and Capacity - The production capacity of copper foil products has significantly improved, allowing the company to offer a wide variety of products[25]. - The production capacity of copper strip foil has increased from 0.6 million tons/year to 100,000 tons/year, establishing the company as a leading player in the domestic market[31]. - The company is actively expanding its production lines, including a new project for 100,000 tons of high-precision copper alloy strip and 50,000 tons of copper strip billets[32]. - The company produced 1,112.23 tons of rolled copper foil in the first half of 2022, with a thickness reaching 9 microns[33]. - The company plans to expand the annual production capacity of battery pack trays to 500,000 units, with the expansion already underway[34]. - A new project for producing 50,000 tons of battery foil is currently in progress, with the first phase targeting 25,000 tons[35]. Market and Industry Trends - New infrastructure investments, particularly in 5G and electric vehicle charging stations, are expected to drive demand for copper products[27]. - The copper processing industry in China saw a comprehensive output of 19.9 million tons in 2021, a 4.9% increase year-on-year, with copper foil production rising by 17.4% to 810,000 tons[26]. - The copper processing industry is increasingly concentrated, with larger firms gaining advantages in technology and production efficiency, putting pressure on smaller competitors[28]. - The company is focusing on high-value-added products and optimizing customer structure to enhance profitability[32]. - The company is planning to expand its market presence through new product development and technological advancements in the automotive and new energy sectors[59]. Environmental Compliance - The company reported a significant focus on environmental compliance, with all wastewater treated to meet standards before discharge, and a stable operation of pollution control facilities[66]. - The company has established a wastewater treatment plant and multiple air pollution control devices, ensuring stable and compliant emissions[71]. - The company has implemented a comprehensive waste management strategy, recycling all copper scrap generated during production[66]. - The company reported no exceedance of pollutant discharge limits in 2022, adhering to national standards for wastewater and air emissions[69]. - The company is committed to sustainable practices, with all hazardous waste being handled by qualified third-party disposal units[66]. Governance and Shareholder Commitments - The company has made long-term commitments to avoid competition with its controlling shareholders and related parties[80]. - Major shareholders have also committed to not selling shares below the initial public offering price during the lockup period[82]. - The controlling shareholders, Feng Quanhua and Zhou Li, promise not to interfere in the company's management or misuse company assets for unrelated investments[84]. - There are no significant lawsuits or arbitration matters reported during the reporting period, indicating a stable legal standing for the company[87]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties, ensuring financial integrity[86]. Research and Development - The company emphasizes technological innovation and has invested in upgrading production processes to improve efficiency and product quality[29]. - The company is actively enhancing its research and development efforts to mitigate industry competition risks and improve product quality[60]. - The company is exploring partnerships with technology firms to enhance its research and development capabilities[58]. - The company plans to invest in new technology development and market expansion strategies to enhance its competitive edge[58]. Financial Management - The company closely monitors foreign exchange and interest rate fluctuations to manage financial risks effectively[60]. - The company has implemented measures to manage accounts receivable risks, ensuring timely collection to maintain financial stability[61]. - The company is facing potential risks from changes in tax incentives, particularly regarding its subsidiary's high-tech enterprise status[61]. - The company has not provided any financial assistance or guarantees to investors participating in the subscription, ensuring compliance with regulatory standards[85].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,725,776,963.59, representing a year-on-year increase of 31.07%[5] - The net profit attributable to shareholders for the same period was CNY 26,125,340.17, reflecting a growth of 21.62% compared to the previous year[5] - The basic earnings per share for Q1 2022 was CNY 0.11, which is an increase of 22.22% year-on-year[6] - Total operating revenue for Q1 2022 reached CNY 1,725,776,963.59, an increase of 31.1% compared to CNY 1,316,660,619.32 in Q1 2021[20] - Total operating costs for Q1 2022 were CNY 1,698,720,935.49, up 31.7% from CNY 1,289,499,890.69 in Q1 2021[20] - Gross profit margin for Q1 2022 was approximately 1.6%, compared to 2.1% in Q1 2021, indicating a slight decline in profitability[20] - The net profit for Q1 2022 was CNY 25,526,824.32, an increase of 19.9% compared to CNY 21,367,218.49 in Q1 2021[21] - Operating profit for Q1 2022 reached CNY 32,361,974.46, up from CNY 24,626,069.35 in the same period last year, reflecting a growth of 31.5%[21] - The company reported a total profit of CNY 31,874,548.16 for Q1 2022, compared to CNY 24,625,353.62 in Q1 2021, reflecting an increase of 29.5%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 2,035,864,514.43, marking a 6.04% increase from the end of the previous year[6] - Total assets as of March 31, 2022, amounted to CNY 2,035,864,514.43, an increase of 6.0% from CNY 1,919,990,460.95 at the end of 2021[18] - Total liabilities as of March 31, 2022, were CNY 944,353,790.80, up 10.6% from CNY 853,780,200.35 at the end of 2021[17] - The company maintains a strong equity position with total equity of CNY 1,091,510,723.63 as of March 31, 2022, compared to CNY 1,066,210,260.60 at the end of 2021[18] Cash Flow - The net cash flow from operating activities was CNY 28,258,093.13, with no applicable year-on-year comparison[5] - Cash flow from operating activities generated a net amount of CNY 28,258,093.13, a significant improvement from a net outflow of CNY 72,299,798.33 in Q1 2021[24] - Investment activities resulted in a net cash outflow of CNY 31,308,781.59 in Q1 2022, slightly improved from a net outflow of CNY 32,300,582.74 in Q1 2021[24] Shareholder Information - The company had a total of 12,478 common shareholders at the end of the reporting period[11] - The largest shareholder, Feng Quanhua, held 34.34% of the shares, amounting to 83,737,276 shares[12] Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 10,765,439.64 in Q1 2022, compared to CNY 13,643,641.27 in Q1 2021[20] Employee Compensation - The company paid CNY 32,713,366.49 in employee compensation during Q1 2022, compared to CNY 25,532,037.49 in Q1 2021, which is an increase of 28.4%[24] Inventory and Receivables - Accounts receivable as of March 31, 2022, totaled CNY 601,314,002.40, down 6.4% from CNY 642,609,297.87 at the end of 2021[16] - Inventory as of March 31, 2022, increased to CNY 587,471,153.39, up 11.5% from CNY 526,586,892.24 at the end of 2021[16]

Financial Performance - The company's operating revenue for 2021 was approximately ¥6.78 billion, representing a 76.74% increase compared to ¥3.84 billion in 2020[22]. - Net profit attributable to shareholders reached approximately ¥137.54 million, a significant increase of 119.40% from ¥62.69 million in 2020[22]. - Basic earnings per share increased to ¥0.56, up 115.38% from ¥0.26 in 2020[23]. - The weighted average return on equity rose to 13.76%, an increase of 7.05 percentage points from 6.71% in 2020[23]. - The company's total assets grew by 35.93% to approximately ¥1.92 billion, compared to ¥1.41 billion at the end of 2020[22]. - Cash flow from operating activities showed a significant improvement, with a net cash flow of approximately -¥17.87 million, compared to -¥218.70 million in 2020[24]. - The company achieved a total operating revenue of 677,978.97 million yuan, representing a year-on-year growth of 76.74%[42]. - Net profit attributable to shareholders reached 13,754.16 million yuan, up 119.40% year-on-year, with a net profit excluding non-recurring items of 12,993.89 million yuan, increasing by 122.11%[42]. - As of December 31, 2021, total assets amounted to 191,999.05 million yuan, a year-on-year increase of 35.93%, while equity attributable to shareholders was 105,494.03 million yuan, growing by 11.24%[42]. Dividend and Share Capital - The company plans to distribute a cash dividend of 2 RMB per 10 shares, totaling approximately 48.76 million RMB for the year 2021, representing a cash dividend payout ratio of 35.45%[5]. - The total share capital of the company as of December 31, 2021, is 243,824,000 shares[5]. Audit and Compliance - The company has received a standard unqualified audit report from Rongcheng Accounting Firm[4]. - The company has not violated decision-making procedures for external guarantees[8]. - The company has not disclosed any significant changes in its registered address or office address during the reporting period[16]. - The company has engaged Rongcheng Accounting Firm for auditing services during the reporting period[19]. - The internal control audit report received a standard unqualified opinion, indicating no significant issues were found[114]. Market and Sales Performance - The increase in revenue was primarily driven by higher sales volume and rising copper prices[23]. - The company sold 109,891 tons of copper strips during the reporting period, marking a 33.32% increase year-on-year[34]. - Export of copper strip products reached 8,024 tons, reflecting an 85.25% year-on-year growth despite challenging market conditions[34]. - The company is focusing on expanding its market presence, particularly in high-end customer segments, while maintaining a dual sales strategy for domestic and international markets[34]. Research and Development - Research and development expenses rose by 54.24% to ¥57,228,820.72, up from ¥37,102,914.24 in the previous year[44]. - The total R&D investment was 572.29 million yuan, representing 0.84% of total revenue[54]. - The company aims to enhance its core competitiveness by optimizing product structure and developing high-quality products[71]. - The company will continue to increase R&D investment to enhance its market-oriented R&D system and improve product competitiveness, focusing on high-conductivity, high-thermal conductivity, and high-strength copper products[74]. Risk Management - The company has detailed potential risks in the report, which can be found in the section discussing future development[10]. - The company is aware of risks related to exchange rate fluctuations, interest rate changes, and industry competition, and will take measures to mitigate these risks[76]. - The cost of electrolytic copper, which constitutes a significant portion of the company's operating costs, will be closely monitored to manage the impact of price fluctuations on profitability[77]. - The company emphasizes the importance of managing accounts receivable to mitigate risks associated with potential delays in collection, which could affect asset structure and operational performance[78]. Corporate Governance - The company maintains a robust corporate governance structure, ensuring compliance with legal requirements and protecting shareholder interests[80]. - The board of directors and supervisory board have been actively engaged in overseeing company operations, with regular meetings held to ensure accountability and transparency[81]. - The company established a fair and transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with relevant laws and regulations[82]. - There were no significant differences in corporate governance compared to regulations set by the China Securities Regulatory Commission[82]. Environmental Responsibility - The company is a key pollutant discharge unit in Wuhu, with major pollutants including wastewater (pH, COD, ammonia nitrogen) and waste gas (smoke, non-methane total hydrocarbons)[116]. - Wastewater treatment facilities ensure that all production wastewater meets standards, with most being reused in production[116]. - The company has implemented a comprehensive environmental emergency response plan to minimize the impact of potential pollution incidents[124]. - The company has made significant efforts to comply with environmental regulations, with no violations reported during the year[126]. Future Outlook - Future guidance indicates a projected growth rate of 10% in the upcoming fiscal year[89]. - The company plans to continue expanding its market presence and investing in new technologies[199]. - There are plans for potential mergers and acquisitions to strengthen market position and diversify product lines[89].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 1,767,306,337.46, representing a year-on-year increase of 67.36%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 47,266,275.96, reflecting a significant increase of 126.68% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 44,549,563.90, up by 121.58% year-on-year[5] - The company experienced a year-to-date revenue increase of 87.03%, attributed to higher production and sales volumes along with rising copper prices[10] - The net profit attributable to shareholders for the year-to-date period was CNY 107,166,077.91, reflecting a growth of 109.40% compared to the same period last year[5] - Total operating revenue for the first three quarters of 2021 reached ¥4,864,738,384.13, a significant increase from ¥2,601,093,984.61 in the same period of 2020, representing an increase of approximately 87%[19] - Net profit for the third quarter of 2021 was ¥107,139,356.18, up from ¥51,021,344.34 in the same quarter of 2020, indicating a growth of approximately 110%[20] - Basic and diluted earnings per share for the third quarter of 2021 were both ¥0.44, compared to ¥0.21 in the same quarter of 2020, marking an increase of about 109%[21] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 1,817,206,784.82, an increase of 28.66% compared to the end of the previous year[6] - The company's total current assets as of September 30, 2021, amount to ¥1,424,578,294.12, an increase from ¥1,053,027,790.83 at the end of 2020[15] - Total liabilities increased to ¥787,882,481.72 from ¥459,612,128.50, reflecting a growth of approximately 71.3%[16] - The total assets of the company reached ¥1,817,206,784.82, compared to ¥1,412,442,283.29 at the end of 2020, marking an increase of about 28.6%[17] - The company's retained earnings as of September 30, 2021, are ¥410,046,924.98, up from ¥332,139,727.07, showing an increase of approximately 23.4%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 12,966[12] - The largest shareholder, Feng Quanhua, holds 83,737,276 shares, accounting for 34.34% of the total shares[12] - The company reported a total equity attributable to shareholders of CNY 1,024,892,005.93, which is an increase of 8.07% from the previous year[6] - The total equity attributable to the parent company is reported at ¥1,024,892,005.93, compared to ¥948,371,135.89, indicating a growth of about 8.1%[17] Cash Flow and Financing Activities - The cash flow from operating activities for the year-to-date period was negative at CNY -92,019,830.13, primarily due to high procurement costs in the previous period[10] - Cash flow from operating activities for the first three quarters of 2021 was negative at -¥92,019,830.13, an improvement from -¥187,634,375.29 in the same period of 2020[25] - The company raised ¥530,000,000.00 through borrowings in the first three quarters of 2021, compared to ¥380,000,000.00 in the same period of 2020, indicating an increase of approximately 39%[25] - Total cash inflow from financing activities amounted to $530 million, compared to $380 million in the previous period, reflecting a 39.47% increase[26] - Cash outflow for debt repayment was $275 million, up from $185 million, indicating a 48.65% increase[26] - Net cash flow from financing activities reached $212.18 million, compared to $149.90 million, representing a 41.51% increase[26] - The net increase in cash and cash equivalents was $62.35 million, contrasting with a decrease of $128.89 million in the previous period[26] - The ending balance of cash and cash equivalents was $175.36 million, compared to $159.47 million, showing a 9.88% increase[26] Operating Costs and Expenses - Total operating costs for the first three quarters of 2021 were ¥4,732,152,136.17, compared to ¥2,539,434,891.94 in 2020, reflecting an increase of about 86%[19] - Research and development expenses for the first three quarters of 2021 totaled ¥41,671,406.54, compared to ¥23,549,468.96 in 2020, representing an increase of approximately 77%[19] - The company incurred a total of ¥5,446,209,509.65 in cash outflows from operating activities in the first three quarters of 2021, compared to ¥3,063,123,456.60 in 2020, reflecting an increase of approximately 78%[25] - Investment activities resulted in a net cash outflow of -¥56,427,013.83 for the first three quarters of 2021, compared to -¥90,717,319.70 in 2020, showing an improvement[25]