证券代码：603665 证券简称：康隆达 公告编号：2023-024 浙江康隆达特种防护科技股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 二、说明会召开的时间、地点 会议召开时间：2023 年 5 月 15 日(星期一) 下午 14:00-15:00 会议召开地点：上海证券交易所上证路演中心 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： http://roadshow.sseinfo.com） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 5 月 8 日(星期一)至 2023 年 5 月 12 日（星期五）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司投资者关系邮 箱（kld@kanglongda.com.cn）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。 浙江康隆达特种防护科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日在上海证券交易所网站(www.sse.com.cn)披露了《公司 2022 年年度报告 及 ...

编号：2022-001 证券代码：603665 证券简称：康隆达 浙江康隆达特种防护科技股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------|-----------------------------------------------------|--------------------------------------------------------------------------------------------| | | ■特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 □业绩说明会 | | | 活动类别 | □新闻发布会 □路演活动 | | | | □现场参观 ■其他（电话会议） | | | 参与单位名 | | | | 称及人员姓 | 参会人员名单详见附件 | | | 名 | | | | 时间 | 2022 年 6 月 25 日 | | | 地点 | 电话会议 | | | 上市公司接 待人员姓名 | 副总经理、董事会秘书：唐倩 | | | 投资者关系 | 一、会议开始 | | | 活动主要内 | ...

证券代码：603665 证券简称：康隆达 浙江康隆达特种防护科技股份有限公司 投资者关系活动记录表 ：2022-002 | --- | --- | --- | --- | --- | |-------------------------|----------------------------|---------------------|-------|-------| | | | | | 编号 | | | | | | | | | ■ 特定对象调研 | □ 分析师会议 | | | | 投资者关系 | □ 媒体采访 □ | 业绩说明会 | | | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | | | | ■ 现场参观 □ | 其他 （ 电话会议 ） | | | | | | | | | | 参与单位名 称及人员姓名 | 参会人员名单详见附件 | | | | | 时间 | 2022 年 7 月 5 日 | | | | | 地点 | 天成锂业 4 楼会议室 | | | | | 上市公司接 | 董事长 ： 张间芳先生 | | | | | 待人员姓名 | | | | | | --- | --- | |--- ...

2022 年第三季度报告 证券代码：603665 证券简称：康隆达 浙江康隆达特种防护科技股份有限公司 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 | 本报告期金额 | 年初至报告期末 | 说 | | --- | --- | --- | --- | | | | 金额 | 明 | | 非流动性资产处置损益 | -586,457.88 | -1,482,901.05 | | | 越权审批，或无正式批准文件，或偶发性的税收返 | | | | | 还、减免 | | | | | 计入当期损益的政府补助，但与公司正常经 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥534,095,817.17, representing a 10.09% increase compared to ¥485,150,012.79 in the same period last year[19]. - The net profit attributable to shareholders of the listed company reached ¥56,189,287.40, a significant increase of 174.31% from ¥20,483,639.67 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥49,089,121.43, compared to a loss of ¥19,697,226.25 in the same period last year, indicating a substantial recovery[19]. - The net cash flow from operating activities was ¥112,968,314.04, a turnaround from a negative cash flow of ¥25,581,948.54 in the previous year[19]. - Basic earnings per share increased by 169.23% to CNY 0.35 compared to the same period last year[20]. - Diluted earnings per share also rose by 169.23% to CNY 0.35 year-on-year[20]. - The company achieved a revenue of 534 million yuan in the first half of 2022, representing a year-on-year growth of 10.09%[34]. - Net profit attributable to shareholders reached 56.19 million yuan, a significant increase of 174.31% compared to the previous year[34]. - The company reported a substantial increase in investment income, which rose by 724.17% to RMB 28,686,864.62, primarily due to investments in Tiancheng Lithium Industry[43]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,840,842,523.90, reflecting a 25.07% increase from ¥2,271,471,334.31 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased to ¥1,011,064,368.14, up 7.69% from ¥938,840,178.75 at the end of the previous year[19]. - The total assets of the company amounted to 2.841 billion yuan, reflecting a growth of 25.07% from the end of the previous year[34]. - The company's overseas assets amounted to ¥1,272,987,654.28, accounting for 44.81% of total assets[47]. - Total liabilities increased to CNY 1,960,119,061.86 from CNY 1,487,189,257.16, representing a growth of approximately 32%[108]. Market and Industry Trends - The disposable gloves market is expected to continue growing due to increased health and safety awareness post-pandemic[27]. - Global lithium demand is projected to reach 710,000 tons of lithium carbonate equivalent in 2022, with a compound annual growth rate exceeding 30% by 2025[27]. - The market for functional labor protection gloves is expanding as safety regulations and consumer awareness improve in developing countries[25]. Strategic Initiatives - The company is focusing on enhancing innovation capabilities and upgrading production technology in the labor protection gloves industry[26]. - The company aims to transition from low-end to high-quality, high-value products in the labor protection gloves market[26]. - The company is advancing the construction of its Vietnam project, aimed at establishing a stable base for the production and sales of nitrile gloves[35]. - The company has developed a comprehensive product range, including over 100 types of protective gloves, catering to various customer needs[31]. - The company is focusing on enhancing its supply chain management and expanding its market presence through strategic procurement and innovative product development[36]. Environmental and Social Responsibility - The company has established a comprehensive emergency response mechanism for environmental incidents, with a registered emergency plan[72]. - The company has implemented a robust environmental monitoring plan, with third-party testing of wastewater and air emissions conducted as per regulatory requirements[74]. - The company installed photovoltaic power generation equipment on factory rooftops, generating approximately 2.1964 million kWh of electricity during the reporting period, reducing external electricity costs and greenhouse gas emissions[77]. - The company promotes a green office environment by optimizing work processes and advocating for double-sided printing to save costs and energy[76]. - The company actively engages employees in volunteer activities, such as tree planting and park cleaning, to foster a culture of environmental responsibility[76]. Governance and Compliance - The company has established a multi-tier governance structure, including a board of directors and various specialized committees[137]. - The company has not identified any significant issues that would raise doubts about its ability to continue as a going concern for the next 12 months[140]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements reflect the true financial condition and operating results[142]. Risks and Challenges - The company has faced macroeconomic risks due to reliance on overseas markets, particularly in the labor protection glove sector[55]. - The company is exposed to exchange rate fluctuation risks, as its overseas sales are primarily settled in USD[55]. - The company faces risks from international trade, particularly due to U.S. protectionist measures that could result in increased tariffs on exports to the U.S., adversely affecting performance[56]. Related Party Transactions - The company has engaged in related party transactions, including leasing facilities from Tiancheng Lithium Industry[88]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[85]. Financial Reporting and Accounting Policies - The company recognizes deferred tax assets related to deductible temporary differences only if they meet the recognition criteria as of the acquisition date[149]. - The company applies the equity method for investments in joint ventures, recognizing only the share of profits or losses attributable to the joint venture[155]. - The company recognizes expected credit losses based on the risk of default weighted average for financial instruments[175].

证券代码：603665 证券简称：康隆达 浙江康隆达特种防护科技股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示 2022 年第一季度报告 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报表 信息的真实、准确、完整。 第一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 | 本报告期比上年同期 | | --- | --- | --- | | | | 增减变动幅度(%) | | 营业收入 | 251,117,909.66 | 5.84 | | 归属于上市公司股东的净利润 | 18,551,188.20 | -19.33 | | 归属于上市公司股东的扣除非经常性损益的净利润 | 15,131,111.45 | 7 ...

Financial Performance - In 2021, the company's operating revenue was CNY 1,052,594,414.13, representing a 3.85% increase compared to 2020[20]. - The net profit attributable to shareholders of the listed company was CNY -154,280,521.61, a decrease of 300.89% from the previous year[20]. - The basic earnings per share for 2021 was CNY -0.98, a decline of 288.46% compared to 2020[21]. - The total assets at the end of 2021 were CNY 2,271,471,334.31, reflecting a 3.30% increase from the end of 2020[20]. - The cash flow from operating activities for 2021 was CNY 19,309,816.15, a significant recovery from CNY -298,676,017.86 in 2020[20]. - The company reported a weighted average return on equity of -15.46% for 2021, a decrease of 23.09 percentage points from 2020[21]. - In the fourth quarter of 2021, the operating revenue was CNY 280,860,803.70, while the net profit attributable to shareholders was CNY -190,150,644.34[23]. - Non-recurring gains and losses for 2021 amounted to CNY 48,269,876.63, compared to CNY 41,502,547.75 in 2020[26]. - The company's net assets attributable to shareholders decreased by 14.48% to CNY 938,840,178.75 at the end of 2021 compared to the end of 2020[20]. - The company reported a significant increase in other income, totaling 7,834,657.88 RMB, up 37.58% compared to the previous year[57]. Strategic Initiatives - The company is advancing its Vietnam project, focusing on the production of nitrile gloves, to enhance its international competitiveness and establish a stable production base[32]. - The company acquired a 33.33% stake in Jiangxi Tiancheng Lithium Industry Co., Ltd., enhancing its capabilities in lithium sulfate solution refining and facilitating its strategic transformation[32]. - The company achieved a production capacity of 800 tons for both dry and wet production lines as part of its convertible bond project, supporting the development of high-performance polyethylene fiber products[32]. - The company is focusing on increasing its market share in high-performance functional safety gloves, which are in demand globally[81]. - The company plans to expand its product line to include medical health protection gloves and protective products for the human body, aiming for multi-track development[84]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the industry[106]. Research and Development - The company invested 44.73 million RMB in R&D, which is a 19.99% increase compared to the previous year[47]. - The company emphasizes talent development, enhancing its R&D capabilities through collaboration with industry associations and educational institutions[34]. - The company is committed to increasing R&D investment to continuously launch innovative products in the market[31]. - The company is focusing on automation and digitalization in its production processes to improve operational efficiency and product quality[31]. - The company has developed over 100 products across various categories, enhancing its product offerings[43]. Market and Industry Trends - The global market for disposable gloves is projected to grow from $7.63 billion in 2014 to $17.24 billion by 2022, with a compound annual growth rate (CAGR) of 12.6%[38]. - The labor protection gloves market in China is expected to grow significantly due to increasing safety awareness and regulatory improvements[36]. - The international market for functional protective gloves is dominated by developed countries, with a shift in manufacturing to countries like China due to cost advantages[79]. - The domestic market for labor protection gloves is still maturing, with many companies lacking advanced R&D capabilities and industry standards[80]. Governance and Compliance - The company has a clear governance structure in place, adhering to the regulations set forth by the Shanghai Stock Exchange and the China Securities Regulatory Commission[96]. - The company has established a management system for insider information to prevent insider trading, with no reported incidents of insider trading during the reporting period[96]. - The company has committed to ensuring that its controlling shareholder will not misuse its position or interfere in the company's management activities[149]. - The company has not reported any significant differences in governance practices compared to regulatory requirements[96]. - The company has not engaged in any insider trading activities that could impact stock prices prior to major disclosures[96]. Environmental and Social Responsibility - The company installed rooftop solar photovoltaic systems, generating approximately 4.96 million kWh of electricity during the reporting period, reducing external electricity costs and greenhouse gas emissions[140]. - The company has implemented a comprehensive environmental management system certified by the China Quality Certification Center, complying with GB/T24001-2016 and IOS14001:2015 standards[135]. - The company has been recognized as a "Water-Saving Enterprise" in Zhejiang Province for its efforts in clean production and resource conservation[140]. - The company has continuously engaged in social welfare activities, donating to local charities and establishing a fund to assist employees facing economic difficulties[143]. Risks and Challenges - The company faces macroeconomic risks, particularly due to its reliance on exports to markets such as the US, Europe, and Japan, which could impact revenue[89]. - The company is exposed to exchange rate fluctuations, as its overseas sales are primarily settled in USD, which may affect its financial performance[89]. - The company is also at risk from raw material price volatility, as raw material costs account for over half of its main business costs, potentially impacting profitability[89]. - The company reported a potential loss of 306.75 million RMB due to overdue accounts receivable and inventory risks related to its subsidiary Beijing Yiheng Internet Technology Development Co., Ltd. as of September 30, 2021[149]. Shareholder and Capital Management - The company plans to conduct foreign exchange derivative trading in the upcoming year[116]. - The total amount allocated for the share repurchase is between RMB 30 million and RMB 60 million[182]. - The company has a cash dividend policy that stipulates at least 15% of the distributable profit should be distributed in cash if there are no major investment plans or cash expenditures[124]. - The company did not propose a profit distribution plan for 2021, nor will it increase capital using the capital reserve[125]. - The company has engaged in entrusted financial management with amounts of RMB 2,900,000 and RMB 3,100,000, yielding actual returns of 10.73 and 38.30 respectively[164].

2021 年第三季度报告 证券代码：603665 证券简称：康隆达 浙江康隆达特种防护科技股份有限公司 2021 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个别及连带责任。 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 报表信息的真实、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 | 年初至报告期末 | 年初至报告 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 286,583,597.64 | -11.21 | 771, ...

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 485.15 million, representing a year-on-year increase of 5.84% compared to RMB 458.37 million in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 50.20% to approximately RMB 20.48 million, down from RMB 41.14 million in the previous year[20]. - The net profit after deducting non-recurring gains and losses was approximately RMB -19.70 million, a decline of 158.12% compared to RMB 33.89 million in the same period last year[20]. - Basic earnings per share for the first half of 2021 were RMB 0.13, a decrease of 53.57% from RMB 0.28 in the same period last year[21]. - The weighted average return on net assets was 1.87%, a decrease of 2.03 percentage points compared to 3.90% in the previous year[21]. - The company reported a significant decline in the basic earnings per share after deducting non-recurring gains and losses, which was RMB -0.13 compared to RMB 0.23 in the previous year, a decrease of 156.52%[21]. - The company reported a net profit of ¥8,446,704.14 for the first half of 2021, compared to a net profit of ¥42,344,038.98 in the same period of 2020, indicating a decline of 80%[126]. - The total profit for the first half of 2021 was CNY 45,772,490.74, compared to CNY 22,326,588.56 in the first half of 2020, reflecting a strong performance[131]. Cash Flow and Investments - The net cash flow from operating activities was approximately RMB -25.58 million, an improvement of 83.50% from RMB -155.04 million in the previous year[20]. - The net cash flow from investing activities was -117,309,183.13 RMB, a decrease of 41.07% compared to the previous period[40]. - The net cash flow from financing activities was 125,604,578.02 RMB, down 63.56% year-on-year[40]. - The total cash inflow from investment activities was 144,569,403.23 RMB, compared to 33,407,102.45 RMB in the previous period, showing a substantial increase in investment returns[135]. - The company received 60,050,000.00 RMB from investment recoveries, a notable increase from 28,000,000.00 RMB in the previous period[137]. - Cash outflows for purchasing goods and services amounted to 418,975,258.25 RMB, down from 575,794,714.25 RMB, indicating improved cost management[134]. Assets and Liabilities - The total assets at the end of the reporting period increased by 11.86% to approximately RMB 2.46 billion, compared to RMB 2.20 billion at the end of the previous year[20]. - The total liabilities increased to ¥859,798,956.96 as of June 30, 2021, from ¥663,891,017.07 at the end of 2020, representing a rise of 29.5%[124]. - As of June 30, 2021, the company's total liabilities amounted to 1.363 billion yuan[113]. - The total equity attributable to shareholders reached ¥1,025,969,062.72, slightly up from ¥1,020,971,584.78 at the end of 2020[124]. - The total owner's equity at the beginning of the current year was 1,043,306,756.55[147]. - The total equity at the end of the reporting period is 1,025,969,062.72 CNY, showing a significant increase from the previous period[152]. Research and Development - R&D expenses increased by 37.87% to CNY 18.68 million, reflecting a commitment to innovation[39]. - The company aims to enhance its R&D capabilities and introduce advanced production equipment to improve product quality and competitiveness in the international market[27]. - The company is developing new materials and production processes for hand protection products through its subsidiary Hand Protection Research Institute[54]. Market and Product Development - The company has a diverse product range with over 200 varieties of functional labor protection gloves, making it one of the most comprehensive manufacturers in the domestic market[29]. - The global market for disposable gloves is projected to grow from $7.63 billion in 2014 to $17.24 billion by 2022, with a compound annual growth rate (CAGR) of 12.6%[28]. - The company is expanding its business into new areas such as medical health protective gloves and military protective products, seeking new growth points[30]. - The demand for labor protection gloves is driven by increasing safety regulations in developed countries, with a significant market opportunity in emerging markets like China[25]. - The company’s products are primarily exported to overseas markets, including Europe, the United States, and Japan, focusing on high-performance gloves for various industries[30]. Environmental Responsibility - The company installed rooftop solar photovoltaic systems, generating approximately 1.9828 million kWh of electricity during the reporting period, contributing to reduced electricity costs and greenhouse gas emissions[79]. - The company utilized approximately 15,003.80 kg of eco-friendly yarns in its products, enhancing its commitment to environmental sustainability[79]. - The company has implemented a comprehensive clean production strategy, resulting in significant improvements in water, electricity, and oil savings, and has been recognized as a "Water-Saving Enterprise" in Zhejiang Province[80]. - The company has established a robust emergency response mechanism for environmental incidents, with a registered emergency plan[74]. - The company has achieved environmental management system certification in compliance with GB/T24001-2016 and IOS14001:2015 standards, ensuring all discharge permits are in place[73]. Governance and Compliance - The company has established a multi-tier governance structure, including a board of directors and various specialized committees[156]. - The company committed to not using its controlling shareholder status to harm the interests of 康隆达 and other shareholders' legal rights[83]. - The company will strictly adhere to the agreements signed regarding related party transactions and will not seek benefits beyond those stipulated in the agreements[83]. - The integrity status of the company and its controlling shareholders remained good, with no significant debts unpaid[87]. - The company appointed Zhonghui Certified Public Accountants as the auditor for the 2021 financial report, with no changes during the audit period[87]. Risks and Challenges - The company has outlined potential risks in its report, advising investors to be cautious regarding future plans and development strategies[7]. - The company is facing potential risks related to its subsidiary's electronic communication equipment business, which may impact future profits[38]. - The company faces macroeconomic risks as its products are primarily exported, with significant sales to markets in the US, Europe, and Japan[57]. - Currency fluctuation risks are present, as sales are mainly settled in USD, which may impact the company's performance due to RMB exchange rate volatility[58]. - Raw material price fluctuations pose a risk, as they account for over 50% of the company's main business costs, affecting overall profitability[58].

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 485.15 million, representing a year-on-year increase of 5.84% compared to RMB 458.37 million in the same period last year [20]. - The net profit attributable to shareholders of the listed company decreased by 50.20% to approximately RMB 20.48 million, down from RMB 41.14 million in the previous year [20]. - The net profit after deducting non-recurring gains and losses was approximately RMB -19.70 million, a decline of 158.12% compared to RMB 33.89 million in the same period last year [20]. - The net cash flow from operating activities was approximately RMB -25.58 million, an improvement of 83.50% from RMB -155.04 million in the previous year [20]. - The total assets at the end of the reporting period increased by 11.86% to approximately RMB 2.46 billion, compared to RMB 2.20 billion at the end of the previous year [20]. - The net assets attributable to shareholders of the listed company decreased by 1.61% to approximately RMB 1.08 billion, down from RMB 1.10 billion at the end of the previous year [20]. - Basic earnings per share for the first half of 2021 were RMB 0.13, a decrease of 53.57% from RMB 0.28 in the same period last year [21]. - The weighted average return on net assets was 1.87%, a decrease of 2.03 percentage points compared to 3.90% in the previous year [21]. - The company reported a significant decline in the basic earnings per share after deducting non-recurring gains and losses, which was RMB -0.13 compared to RMB 0.23 in the previous year, a decrease of 156.52% [21]. Market and Product Development - The global market for disposable gloves is projected to grow from $7.63 billion in 2014 to $17.24 billion by 2022, with a compound annual growth rate (CAGR) of 12.6% [28]. - The company specializes in functional labor protection gloves, offering over 200 varieties across four main categories, making it one of the most comprehensive suppliers in the domestic market [29]. - The demand for labor protection gloves is driven by increasing safety regulations in developed countries, with a significant market opportunity in emerging markets like China [25]. - The company is expanding its product line to include medical health protection gloves and military-grade protective products, aiming to diversify its revenue streams [30]. - The company has established a strong presence in overseas markets, particularly in Europe, the United States, and Japan, focusing on high-value functional gloves [30]. - The company plans to enhance its R&D capabilities to develop new materials and technologies, aiming to improve product quality and competitiveness [27]. - The labor protection glove market in China is expected to grow rapidly due to increasing awareness of safety and health regulations [26]. - The company’s operational model includes OEM and ODM, with a focus on deep customer engagement in product design [30]. Research and Development - R&D expenses increased by 37.87% to 18.68 million RMB, reflecting the company's commitment to innovation [39]. - The company has invested in new materials and production processes for hand protection products, indicating ongoing R&D efforts [54]. - The company has a strong R&D capability with multiple proprietary technologies in the field of functional protective gloves [32]. - The company has participated in the formulation of several industry standards, reinforcing its leading position in the domestic market [32]. Environmental Responsibility - The company was listed as a key pollutant discharge unit by the Shaoxing Ecological Environment Bureau for the year 2021, with actual wastewater discharge of 146,156 tons against a permitted limit of 338,070 tons [70]. - The company reported a total of 15,003.80 kg of environmentally friendly yarns used in product manufacturing during the reporting period, reflecting its commitment to sustainable practices [79]. - The company installed photovoltaic power generation equipment on factory rooftops, generating approximately 1.9828 million kWh of electricity, reducing external electricity costs and greenhouse gas emissions [79]. - The company has implemented a comprehensive clean production strategy, resulting in significant improvements in water, electricity, and oil savings, and has been recognized as a "Water-Saving Enterprise" in Zhejiang Province [80]. - The company has established a complete emergency response mechanism for environmental incidents, with a registered emergency plan [74]. - The company has achieved environmental management system certification in compliance with GB/T24001-2016 and IOS14001:2015 standards, ensuring all discharge permits are in order [73]. - The company has invested in various environmental protection facilities, including DMF waste gas recovery devices, to ensure compliance with environmental regulations [78]. - The company has actively promoted green office practices, including electronic work methods and centralized procurement to reduce resource consumption [78]. - The company has been recognized as a member unit of the Shaoxing Ecological Civilization Promotion Association, highlighting its commitment to ecological and environmental responsibilities [80]. - The company has established a volunteer team to participate in environmental activities, such as tree planting and park cleaning [78]. Governance and Compliance - The company has established a multi-tier governance structure, including a board of directors and various specialized committees, to enhance operational efficiency [154]. - The company has held multiple shareholder meetings to approve various financial and operational resolutions, reflecting active governance [64]. - The company appointed Zhonghui Certified Public Accountants as the auditor for the 2021 financial report and internal control audit [87]. - There were no significant lawsuits or arbitration matters during the reporting period [88]. - The company maintained a good integrity status, with no unfulfilled court judgments or significant debts due [88]. - The company has not distributed dividends or conducted capital reserve transfers in the first half of 2021 [66]. Financial Position and Liabilities - As of June 30, 2021, the total liabilities of the company amounted to 1.363 billion RMB, an increase from 1.080 billion RMB as of December 31, 2020, representing a growth of approximately 25.2% [118]. - The company reported cash and cash equivalents of 334.96 million RMB as of June 30, 2021, compared to 306.23 million RMB at the end of 2020, indicating an increase of about 9.4% [116]. - The company's accounts receivable stood at 127.84 million RMB as of June 30, 2021, up from 120.94 million RMB at the end of 2020, reflecting an increase of approximately 5.5% [116]. - The inventory value increased significantly to 693.76 million RMB as of June 30, 2021, compared to 348.80 million RMB at the end of 2020, marking a rise of about 99% [116]. - The company's total equity decreased to 1.096 billion RMB as of June 30, 2021, from 1.118 billion RMB at the end of 2020, indicating a decline of approximately 2% [118]. - The company maintained a credit rating of "AA-" with a stable outlook as per the report issued by China Chengxin International Credit Rating Co., Ltd. [112]. Related Party Transactions - The company engaged in related transactions, including purchasing raw materials from Shanghai Jiyu and Taixing Holdings, and selling goods to Shanghai Jiyu and Feihui Trading [89]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period [86]. - The company has not made any significant guarantees during the reporting period [90]. - The company has committed to not misuse its controlling shareholder status and will adhere to budget management strictly [85]. Financial Instruments and Accounting Policies - The company adheres to the accounting policies and estimates as per the relevant accounting standards, including provisions for bad debts and depreciation of fixed assets [159]. - The financial statements accurately reflect the company's financial position, operating results, changes in equity, and cash flows [160]. - The company uses Renminbi as its functional currency for domestic subsidiaries, while foreign subsidiaries use currencies such as USD, Peso, and VND [163]. - The company recognizes the interests of minority shareholders in the consolidated financial statements, with losses exceeding their share of equity reducing minority interests [171]. - The company applies the equity method for investments in joint ventures, recognizing only its share of the net assets and related income or losses [173].