证券代码：603681 证券简称：永冠新材 公告编号：2023-052 1 主要产品 2023 年 4-6 月产量 2023 年 4-6 月销量 2023 年 4-6 月销售 收入（万元） 布基胶带 4,077.93 4,145.86 13,645.89 纸基胶带 20,895.61 22,286.50 31,890.34 膜基胶带 114,189.05 117,487.03 58,139.68 OPP 膜 5,037.25 2,562.70 20,189.30 一、主要产品的产量、销量及收入实现情况 上海永冠众诚新材料科技（集团）股份有限公司 2023 年第二季度主要经营数据公告 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。 根据《上海证券交易所上市公司自律监管指引第 3 号行业信息披露：第十 三号——化工》的要求，现将上海永冠众诚新材料科技（集团）股份有限公司（以 下简称"公司"）2023 年第二季度主要经营数据披露如下（均不含税）： 注 1：胶带类产品产量、销量计量单位为万平方米；OPP 膜产量、销量计量单位为万千克； ...

上海永冠众诚新材料科技（集团）股份有限公司 外汇衍生品（远期结售汇）业务管理制度 （2023 年 8 月修订版） 第一章 总则 第一条 为规范上海永冠众诚新材料科技（集团）股份有限公司（以下简 称"公司"或"本公司"）及子公司的远期结售汇和其他外汇衍生品交易行为， 防范投资风险，强化风险控制，保证公司资金、财产的安全，维护公司及股东利 益，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司信息披 露管理办法》《上海证券交易所股票上市规则》《上海证券交易所上市公司自律监 管指引第 1 号——规范运作》《上海证券交易所上市公司自律监管指引第 5 号— —交易与关联交易》等法律法规、业务规则，以及《上海永冠众诚新材料科技（集 团）股份有限公司章程》（以下简称"公司章程"）的规定，结合公司实际情况， 特制定本制度。 第二条 本制度所称外汇衍生品业务，是指远期外汇管理、期货、掉期（互 换）和期权等产品或者混合上述产品特征的金融工具。衍生品的基础资产既可以 是证券、指数、利率、汇率、货币、商品等标的，也可以是上述标的的组合。本 制度所称远期外汇交易业务是指为满足正常生产经营需要，利用银行金融产品等 对外汇资产 ...

转债代码：113653 转债简称：永22转债 上海永冠众诚新材料科技（集团）股份有限公司 第四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： （一）本次会议的召集、召开符合《公司法》等有关法律、法规、规章和《公 司章程》的规定，会议决议合法有效。 证券代码：603681 证券简称：永冠新材 公告编号：2023-051 （一）审议通过《关于公司 2023 年半年度报告及报告摘要的议案》 具体内容详见公司于 2023 年 8 月 29 日在指定信息披露媒体披露的《上海永 冠众诚新材料科技（集团）股份有限公司 2023 年半年度报告》及《上海永冠众 诚新材料科技（集团）股份有限公司 2023 年半年度报告摘要》。 1 监事会认为：公司 2023 年半年度报告及摘要编制和审议程序符合法律、法 规、公司章程和公司内部管理制度的各项规定；2023 年半年度报告及摘要的内 容和格式符合中国证监会和上海证券交易所的各项规定，所包含的信息能全面真 实地反映出公司 2023 年上半年的经营成果 ...

证券代码：603681 股票简称：永冠新材 公告编号：2023-031 转债代码：113653 转债简称：永22转债 上海永冠众诚新材料科技（集团）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法律责任。 重要内容提示： 一、说明会类型 上海永冠众诚新材料科技（集团）股份有限公司（以下简称"公司"） 已于 2023 年 4 月 28 日在指定信息披露媒体披露了《上海永冠众诚新材料科 技（集团）股份有限公司 2022 年年度报告》。为了使广大投资者更加全面、 深入地了解公司 2022 年度经营成果、财务状况，公司定于 2023 年 5 月 10 日上午 10:00-11:00 通过网络平台在线交流的方式召开"2022 年度业绩说明 会"。公司管理层将就公司 2022 年度的经营发展等情况与广大投资者进行在 线沟通交流，在信息披露允许的范围内解答投资者普遍关注的问题。 1 会议召开时间：2023 年 5 月 10 日（星期三）上午 10:00-11:00 会 议 召 开 地 点 ： 上 ...

Key Financial Data [Key Accounting Data and Financial Indicators](index=1&type=section&id=%E4%B8%80%E3%80%81(%E4%B8%80)%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In Q1 2023, revenue grew 9.76% YoY, but profitability deteriorated as net profit attributable to shareholders fell by 122.82%, shifting from profit to loss, while operating cash flow also declined sharply Key Financial Indicators for Q1 2023 | Indicator | Current Period | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 1,178,926,848.09 RMB | 9.76% | | Net Profit Attributable to Shareholders | -15,423,783.77 RMB | -122.82% | | Net Profit Attributable to Shareholders (Non-recurring items deducted) | -11,954,626.30 RMB | -127.17% | | Net Cash Flow from Operating Activities | -28,219,401.78 RMB | -172.36% | | Basic Earnings Per Share (RMB/Share) | -0.08 RMB | -122.86% | | Weighted Average Return on Equity | -0.63% | Decreased by 3.63 p.p. | | Total Assets (End of Period) | 6,424,594,570.56 RMB | -0.50% (vs. End of Prior Year) | | Equity Attributable to Shareholders (End of Period) | 2,455,413,391.75 RMB | -0.61% (vs. End of Prior Year) | [Non-recurring Profit and Loss Items and Amounts](index=2&type=section&id=%E4%B8%80%E3%80%81(%E4%B8%80)%E9%9D%9E%E7%BB%8F%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Non-recurring items resulted in a total loss of RMB 3.47 million, primarily driven by an RMB 8.87 million loss from fair value changes in financial assets, which was not offset by government grants Details of Non-recurring Profit and Loss for Q1 2023 | Item | Amount (RMB) | | :--- | :--- | | Government Grants | 4,413,874.62 | | Gains/Losses from Fair Value Changes & Disposal of Financial Assets/Liabilities | -8,867,439.19 | | Other Non-operating Income/Expenses and Items | -13,351.95 + 135,728.22 | | Income Tax Effect | -872,035.49 | | Effect on Minority Interests (After Tax) | 13,986.63 | | **Total** | **-3,469,157.47** | [Analysis of Reasons for Changes in Key Financial Indicators](index=3&type=section&id=%E4%B8%80%E3%80%81(%E4%B8%89)%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E3%80%81%E5%8E%9F%E5%9B%A0) The sharp decline in net profit and EPS was attributed to macroeconomic pressures, intensified competition, and adverse currency effects, while negative operating cash flow stemmed from increased procurement payments - Net profit-related indicators, including net profit attributable to parent and EPS, **decreased by over 120% YoY** due to insufficient macroeconomic demand, intensified competition lowering gross margins, and the negative impact of a depreciating US dollar[8](index=8&type=chunk) - Net cash flow from operating activities **decreased by 172.36% YoY**, primarily due to an increase in cash paid for goods and services resulting from expanded procurement scale[8](index=8&type=chunk) Shareholder Information [Total Number of Shareholders and Shareholding of Top Ten Shareholders](index=3&type=section&id=%E4%BA%8C%E3%80%81(%E4%B8%80)%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) The company had 9,943 common shareholders with a concentrated ownership structure, as the top two shareholders, Lv Xinmin and Guo Xueyan, are parties acting in concert holding a combined 48.66% stake - At the end of the reporting period, the total number of common shareholders was **9,943**[10](index=10&type=chunk) Top Ten Shareholders | Shareholder Name | Number of Shares Held | Shareholding Ratio (%) | | :--- | :--- | :--- | | Lv Xinmin | 77,993,820 | 40.81 | | Guo Xueyan | 15,003,600 | 7.85 | | National Social Security Fund Portfolio 502 | 4,548,246 | 2.38 | | E Fund Core Flexible Allocation Mixed Fund | 3,050,842 | 1.60 | | Hong Kong Securities Clearing Company Ltd. | 2,650,160 | 1.39 | - Among the top ten shareholders, **Lv Xinmin and Guo Xueyan are parties acting in concert**[12](index=12&type=chunk) Quarterly Financial Statements [Consolidated Balance Sheet](index=5&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of March 31, 2023, total assets stood at RMB 6.425 billion, a slight 0.50% decrease from the prior year-end, with total liabilities at RMB 3.955 billion and a debt-to-asset ratio of 61.55% Key Balance Sheet Items (Unit: RMB) | Item | March 31, 2023 | December 31, 2022 | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 6,424,594,570.56 | 6,457,181,339.13 | -0.50% | | Total Liabilities | 3,954,898,561.04 | 3,972,070,433.69 | -0.43% | | Total Equity Attributable to Parent Company Shareholders | 2,455,413,391.75 | 2,470,594,096.81 | -0.61% | [Consolidated Income Statement](index=8&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) In Q1 2023, revenue grew 9.76% YoY to RMB 1.179 billion, but higher costs and a RMB 13.95 million loss from fair value changes led to a net loss attributable to shareholders of RMB 15.42 million Key Income Statement Items (Unit: RMB) | Item | Q1 2023 | Q1 2022 | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,178,926,848.09 | 1,074,070,355.48 | 9.76% | | Total Operating Costs | 1,195,384,568.16 | 1,020,165,203.83 | 17.18% | | Operating Profit | -25,747,843.37 | 79,290,574.43 | -132.47% | | Net Profit Attributable to Parent Company Shareholders | -15,423,783.77 | 67,602,204.52 | -122.82% | - Financial expenses **increased by 115.89% YoY** from RMB 14.83 million to RMB 32.02 million, primarily due to higher interest expenses[20](index=20&type=chunk) - Gains from fair value changes were **-RMB 13.95 million**, compared to only -RMB 36 thousand in the same period last year, significantly impacting current period profit[20](index=20&type=chunk) [Consolidated Cash Flow Statement](index=10&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) The company's cash flow was under pressure in Q1 2023, with net operating cash flow turning negative to -RMB 28.22 million, contributing to a total net decrease in cash of RMB 406 million Key Cash Flow Statement Items (Unit: RMB) | Item | Q1 2023 | Q1 2022 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -28,219,401.78 | 39,001,008.70 | | Net Cash Flow from Investing Activities | -368,270,077.45 | -213,676,452.91 | | Net Cash Flow from Financing Activities | -506,153.75 | 252,929,593.77 | | Net Increase in Cash and Cash Equivalents | -406,018,794.32 | 72,774,974.36 | - Operating cash outflow increased mainly because "Cash paid for goods and services" **rose from RMB 1.088 billion to RMB 1.218 billion**[23](index=23&type=chunk) - Investing cash outflow expanded primarily due to "Cash paid for investments" **surging from RMB 15.04 million to RMB 564 million**[23](index=23&type=chunk)

Financial Performance - The company's operating revenue for 2022 was approximately ¥5.03 billion, representing a year-on-year increase of 30.91% compared to ¥3.84 billion in 2021[24]. - The net profit attributable to shareholders for 2022 was approximately ¥227.61 million, a slight increase of 0.93% from ¥225.51 million in 2021[24]. - The net profit after deducting non-recurring gains and losses was approximately ¥215.61 million, up 14.61% from ¥188.13 million in 2021[24]. - The cash flow from operating activities for 2022 was approximately ¥501.31 million, a significant increase of 4,053.38% compared to ¥12.07 million in 2021[24]. - The total assets at the end of 2022 were approximately ¥6.46 billion, an increase of 37.23% from ¥4.71 billion at the end of 2021[24]. - The weighted average return on equity for 2022 was 9.75%, down 3.00 percentage points from 12.75% in 2021[25]. - The basic earnings per share for 2022 was ¥1.19, a decrease of 9.16% compared to ¥1.31 in 2021[25]. - The company reported a net loss of approximately ¥10.59 million in Q4 2022, contrasting with profits in the previous three quarters[27]. - The total net assets attributable to shareholders at the end of 2022 were approximately ¥2.47 billion, an increase of 11.22% from ¥2.22 billion at the end of 2021[24]. - The company achieved a revenue of 502,695.22 million RMB, representing a year-on-year growth of 30.91%[59]. - The net profit attributable to shareholders was 22,761.46 million RMB, with a year-on-year increase of 0.93%[59]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders, pending approval at the shareholders' meeting[5]. - The company’s profit distribution plan for 2022 indicates that the distributed profit accounts for 16.79% of the net profit attributable to shareholders[196]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 7.7675 million yuan[170]. - The total shareholding of the chairman and general manager, Lü Xinmin, remained unchanged at 77,993,820 shares, with a total pre-tax remuneration of 1.82 million yuan[160]. - The total number of shares held by all directors and supervisors at the end of the reporting period was 93,409,920 shares[161]. Audit and Compliance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants[4]. - The board of directors and supervisory board guarantee the authenticity and completeness of the annual report[8]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[172]. - The company held two shareholder meetings during the reporting period, with all procedures and resolutions compliant with relevant laws and regulations[158]. Risk Management - The company emphasizes the uncertainty of future plans and strategies, warning investors of potential risks[6]. - The company has detailed potential risks in the management discussion and analysis section of the report[10]. - The company faces risks related to raw material price volatility, particularly for key materials such as plastic particles, resin, and pulp, which could significantly impact its operating performance[146]. - The company is exposed to exchange rate fluctuations, especially since a substantial portion of its sales is denominated in USD, which may affect its financial results[147]. - The company has implemented hedging strategies to mitigate risks associated with raw material price fluctuations[112]. Production and Capacity Expansion - The company expanded its production capacity with new projects in Vietnam and Shandong, enhancing its market competitiveness and mitigating trade friction impacts[34]. - The company achieved a sales revenue of 516 million for BOPP film in 2022, with a production capacity increase due to the launch of three BOPP film lines[40]. - The production capacity for cloth-based tape increased by 5,103,000 square meters in 2022, reaching a total of 23,103,000 square meters, compared to 18,000,000 square meters in 2021[106]. - The production capacity for paper-based tape rose by 12,534,000 square meters in 2022, totaling 94,734,000 square meters, up from 82,200,000 square meters in 2021[106]. - The production capacity for film-based tape surged by 129,340,000 square meters in 2022, reaching 424,540,000 square meters, compared to 295,200,000 square meters in 2021[106]. Research and Development - Research and development expenses increased by 14.26% to 158,041,853.07 RMB, aimed at enhancing product market competitiveness[61]. - The company employed 194 R&D personnel, making up 7.80% of the total workforce[75]. - The company is engaged in the research and development of biodegradable materials, aiming to expand its product offerings in the adhesive sector[128]. Market Strategy and Expansion - The company has established a global service network, with subsidiaries in countries like Vietnam, Japan, and the USA, enhancing its marketing channels[47]. - The company aims to expand into high-end markets, including automotive wiring harness tape and special adhesives, while striving for domestic substitution in certain product categories[46]. - The company is focused on expanding its market presence through strategic partnerships and technological advancements in the adhesive industry[131]. - The company is actively pursuing an overseas brand strategy, establishing operational centers to expand its market presence internationally[142]. Governance and Management - The company has independent directors with diverse backgrounds, enhancing governance and oversight[168]. - The company’s management team has extensive experience in various sectors, contributing to strategic decision-making[168]. - The company has a structured evaluation process for determining the remuneration of its directors and senior management, involving a compensation and assessment committee[170]. - The company appointed Li Yingda as the Secretary of the Board and Vice General Manager, following the resignation of the previous Secretary and Vice General Manager[171]. Environmental and Social Responsibility - The company invested 1.29 billion RMB in environmental protection equipment during the reporting period, with a total investment of 2.52 billion RMB from 2015 to 2022[57][58]. - The company has developed a new type of environmentally friendly biodegradable tape with a degradation rate exceeding 95%, meeting higher environmental standards in the European and American markets[42]. - The company has a stable welfare system, having legally contributed to social insurance and housing funds for employees during the reporting period[188].

Financial Performance - The company's operating revenue for Q3 2022 reached ¥1,427,300,206.43, representing a year-on-year increase of 46.72%[5] - The net profit attributable to shareholders for Q3 2022 was ¥80,278,409.84, an increase of 26.17% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥116,026,481.50, up 110.17% year-on-year[6] - Total operating revenue for the first three quarters of 2022 reached ¥3,740,340,228.66, up from ¥2,649,961,157.23 in the same period of 2021, representing an increase of approximately 40.98%[19] - Net profit for the first three quarters of 2022 amounted to ¥237,847,816.63, compared to ¥194,400,767.89 in 2021, marking an increase of around 22.34%[21] - The total comprehensive income for the third quarter of 2022 was approximately ¥244.61 million, an increase from ¥195.48 million in the same period of 2021, representing a growth of about 25%[22] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥6,613,904,233.81, reflecting a 40.56% increase from the end of the previous year[6] - The total assets as of the end of the third quarter of 2022 were ¥6,613,904,233.81, up from ¥4,705,528,530.19 at the end of the same period in 2021, representing a growth of approximately 40.59%[17] - Total liabilities increased to ¥4,117,866,393.90 in the third quarter of 2022, compared to ¥2,469,204,580.91 in 2021, reflecting a rise of about 66.78%[17] - The company's total non-current assets reached ¥2,547,339,001.37, compared to ¥2,118,259,563.05 in the previous year, indicating an increase of approximately 20.29%[17] Cash Flow - The company reported a net cash flow from operating activities of ¥341,684,538.59 for the year-to-date period[6] - Cash inflow from operating activities for the first nine months of 2022 was ¥3.85 billion, compared to ¥2.61 billion in the same period of 2021, reflecting a growth of approximately 47.5%[25] - The net cash flow from operating activities for Q3 2022 was ¥341.68 million, a significant recovery from a negative cash flow of ¥50.78 million in Q3 2021[26] - The company reported a net cash outflow from investing activities of ¥556.31 million for the first nine months of 2022, an improvement from a net outflow of ¥705.34 million in the same period of 2021[26] - Cash and cash equivalents at the end of Q3 2022 totaled ¥2.26 billion, a substantial increase from ¥862.50 million at the end of Q3 2021[27] Shareholder Information - The total equity attributable to shareholders at the end of Q3 2022 was ¥2,481,390,088.69, an increase of 11.71% compared to the previous year[6] - The company reported a total of 77,993,820 shares held by the largest shareholder, Lü Xinmin, accounting for 40.81% of total shares[12] - The second-largest shareholder, Guo Xueyan, holds 15,003,600 shares, representing 7.85% of total shares[12] - The top ten shareholders collectively hold a significant portion of the company's equity, with the largest three shareholders alone accounting for over 50%[12] Future Outlook and Strategy - The increase in operating revenue is attributed to the gradual release of production capacity from previously invested equipment and growth in sales volume[9] - The company plans to continue expanding production capacity and increasing long-term asset investments to support future growth[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[28] - The company has not provided specific future guidance or outlook for the upcoming quarters in this report[13] Other Information - The company has not disclosed any significant new product developments or technological advancements during this reporting period[13] - There are no indications of any mergers or acquisitions being pursued by the company as of the latest report[13] - The company has not reported any net profit from subsidiaries prior to consolidation in the current and previous periods[22]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 2,313,040,022.23, representing a 37.92% increase compared to CNY 1,677,148,186.69 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was CNY 157,926,689.16, up 20.76% from CNY 130,777,284.86 year-on-year[21]. - The net cash flow from operating activities improved significantly to CNY 178,268,114.04, compared to a negative cash flow of CNY -55,698,934.41 in the previous year[21]. - The company's total assets increased by 16.17% to CNY 5,466,482,967.64 from CNY 4,705,528,530.19 at the end of the previous year[21]. - The basic earnings per share for the first half of 2022 was CNY 0.83, a 5.06% increase from CNY 0.79 in the same period last year[22]. - The weighted average return on equity decreased to 6.88% from 8.09% year-on-year, indicating a slight decline in profitability[22]. - Non-recurring gains and losses for the period totaled CNY 13,281,214.29, reflecting various adjustments and government subsidies[23]. Market Overview - The global adhesive tape market is projected to grow at a compound annual growth rate (CAGR) of 5% from 2021, potentially reaching USD 75 billion by 2025, indicating significant market expansion opportunities[31]. - The domestic adhesive tape market size increased from 24.47 billion yuan in 2009 to 46.55 billion yuan in 2019, with a compound annual growth rate (CAGR) of 6.64%[32]. - The domestic adhesive tape market is expected to reach a sales volume of 43.9 billion square meters and a market size of 62.7 billion yuan by 2025, with a CAGR of 8.15% and 4.99% from 2021 to 2025, respectively[32]. - The company serves over 26,000 customers across more than 110 countries, indicating a broad market presence and customer base[41]. Research and Development - The company has developed 13 invention patents and 37 utility model patents, showcasing its strong technological capabilities in adhesive tape production[40]. - The company is actively engaging in research and development of biodegradable materials and high-performance fibers[5]. - The company has invested 1,300 million USD in new product development, focusing on adhesive products and packaging materials[5]. Environmental Responsibility - The company has invested a total of 152 million yuan in environmental protection from 2015 to the first half of 2022, including the construction of waste gas recovery and solvent recovery systems[50]. - The company has implemented various pollution control measures, including activated carbon adsorption and RTO systems, with emissions discharged through 15-meter high chimneys[108]. - The company is committed to maintaining environmental responsibility as part of its operational strategy[107]. - The company has established a closed collection system for waste gases to minimize emissions[108]. Corporate Governance - The report includes a risk statement indicating uncertainties in future plans and strategies, which do not constitute a commitment to investors[5]. - The company guarantees the authenticity, accuracy, and completeness of the semi-annual report, with all board members present at the meeting[7]. - The company held two shareholder meetings during the reporting period, complying with all legal and regulatory requirements[98]. - The company appointed Li Yingda as the secretary of the board and deputy general manager on April 6, 2022[100]. Strategic Initiatives - The company aims to enhance its product offerings in high-tech adhesive products, including automotive wiring harness tapes and biodegradable tapes, to capture more market share[29]. - The company has established a production base in Vietnam to mitigate geopolitical risks and enhance its global marketing channels[46]. - The company has expanded its production capacity by establishing new bases in Vietnam and Shandong, aiming to enhance profitability and market competitiveness amid ongoing US-China trade tensions[52]. Risk Management - The report includes a comprehensive overview of the company's governance and social responsibility initiatives[8]. - The company is facing risks related to raw material price fluctuations, which could significantly impact its operating performance[88]. - The company is also exposed to exchange rate fluctuations, primarily due to its export sales being denominated in USD[89]. Shareholder Information - The company did not distribute cash dividends, issue bonus shares, or increase capital from reserves for the first half of 2022[4]. - The company has not proposed any profit distribution or capital reserve increase plans for the half-year period[101]. - The total number of shareholders as of the end of the reporting period is 10,138[160]. Financial Position - The total amount used for share repurchase should not be less than 5% and not exceed 20% of the previous year's net profit attributable to shareholders[128]. - The company's credit rating remains stable at "AA-" for both the company and the "Yong 22 Convertible Bond" as of the first half of 2022[176]. - The total assets at the end of the reporting period were ¥5,469,000,000, with cash and cash equivalents accounting for 23.39% of total assets[73].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 1,074,070,355.48, representing a year-on-year increase of 51.26%[5] - The net profit attributable to shareholders was CNY 67,602,204.52, reflecting an increase of 11.85% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 44,000,252.13, up by 5.84% year-on-year[5] - The basic earnings per share for the period was CNY 0.35, a decrease of 2.78% compared to the previous year[6] - The diluted earnings per share for the period was also CNY 0.35, an increase of 9.37% year-on-year[6] - The company reported a total comprehensive income of CNY 66,728,355.19 for Q1 2022, compared to CNY 60,819,266.64 in the same period last year[21] - Earnings per share (EPS) for Q1 2022 were CNY 0.35, slightly down from CNY 0.36 in Q1 2021[21] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 39,001,008.70, with no applicable year-on-year comparison[6] - The net cash flow from operating activities was CNY 39,001,008.7, recovering from a negative cash flow of CNY -96,606,968.65 in Q1 2021[24] - The cash and cash equivalents at the end of Q1 2022 were CNY 1,014,803,607.17, an increase from CNY 957,154,834.49 at the end of Q1 2021[25] - Cash and cash equivalents amounted to RMB 1,049,928,658.6 as of March 31, 2022, compared to RMB 981,194,725.87 at the end of 2021, showing an increase of about 7%[15] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,050,235,150.65, an increase of 7.33% from the end of the previous year[6] - Total liabilities as of March 31, 2022, were RMB 2,745,572,697.91, up from RMB 2,469,204,580.91 at the end of 2021, reflecting an increase of approximately 11.2%[17] - The company's total assets reached RMB 5,050,235,150.65 as of March 31, 2022, compared to RMB 4,705,528,530.19 at the end of 2021, indicating an increase of approximately 7.3%[16] - Non-current assets totaled RMB 2,372,289,534.64 as of March 31, 2022, compared to RMB 2,118,259,563.05 at the end of 2021, representing a growth of about 12%[16] Operational Highlights - The company reported a significant increase in sales scale, which was the primary reason for the growth in operating revenue and cash flow from operating activities[9] - Total operating costs for Q1 2022 were RMB 1,020,165,203.83, compared to RMB 659,625,161.51 in Q1 2021, indicating an increase of about 54.7%[19] - Research and development expenses increased to CNY 32,113,136.87, a rise of 31.7% from CNY 24,392,649.22 in the previous year[20] Inventory and Receivables - Current assets as of March 31, 2022, totaled RMB 2,677,945,616.01, up from RMB 2,587,268,967.14 at the end of 2021, reflecting a growth of approximately 3.5%[15] - Accounts receivable increased to RMB 621,337,438.85 in Q1 2022 from RMB 588,761,258.09 in Q4 2021, marking a rise of approximately 5.5%[15] - Inventory levels rose to RMB 662,385,250.46 as of March 31, 2022, compared to RMB 615,342,010.97 at the end of 2021, indicating an increase of about 7.6%[15] Non-Recurring Items - Non-recurring gains and losses for the period totaled CNY 23,601,952.39 after tax adjustments[9] - The company experienced a foreign exchange loss of CNY -5,479,175.2 during the quarter[25] Investment Activities - Investment activities resulted in a net cash outflow of CNY -213,676,452.91, worsening from CNY -121,097,155.52 in Q1 2021[24] - The company’s total liabilities increased, with cash received from borrowings amounting to CNY 457,377,121.9, compared to CNY 76,000,000 in the previous year[25]

Financial Performance - The company's operating revenue for 2021 was CNY 3,840,048,136.62, representing a 59.07% increase compared to CNY 2,414,078,217.26 in 2020[24]. - The net profit attributable to shareholders for 2021 was CNY 225,511,978.96, up 28.50% from CNY 175,501,135.23 in 2020[24]. - The net cash flow from operating activities decreased significantly by 94.39% to CNY 12,069,860.21 from CNY 215,180,894.16 in 2020[24]. - The basic earnings per share for 2021 was CNY 1.31, a 24.76% increase from CNY 1.05 in 2020[25]. - The diluted earnings per share rose by 14.29% to CNY 1.20 in 2021, compared to CNY 1.05 in 2020[25]. - The total assets increased by 38.60% to CNY 4,705,528,530.19 in 2021 from CNY 3,395,112,649.10 in 2020[24]. - The company's net assets attributable to shareholders grew by 42.68% to CNY 2,221,318,915.69 in 2021 from CNY 1,556,870,474.73 in 2020[24]. - The total profit amounted to CNY 251,339,200, reflecting a 28.50% increase compared to the previous year[68]. - The net profit after deducting non-recurring gains and losses was CNY 188,131,100, marking a significant growth of 56.79%[68]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders, pending approval at the shareholders' meeting[6]. - The company has proposed a three-year shareholder dividend return plan for 2021-2023[171]. - The company implemented a cash dividend policy, ensuring that at least 10% of the distributable profit is allocated as cash dividends annually, with a minimum of 20% of the distribution being cash if there are significant capital expenditures planned[198]. - The company achieved a net profit of ¥42,414,721.72 for the year 2021, with a profit distribution plan proposing a cash dividend of ¥2.00 per 10 shares, totaling ¥38,225,974.20 (including tax) to be distributed[199]. Risk Management and Compliance - The company has outlined potential risks in its future development strategy, which investors should be aware of[9]. - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not reported any violations of decision-making procedures regarding external guarantees[8]. - The company emphasizes the importance of the accuracy and completeness of the annual report, with all board members present at the meeting[4]. - The company is focused on risk management by utilizing hedging tools to mitigate raw material and exchange rate fluctuations[142]. - The company faces risks from raw material price fluctuations, which are influenced by upstream prices and market supply-demand dynamics, despite ongoing improvements in production technology[157]. - The company is exposed to exchange rate risks due to its reliance on USD for export sales, with plans to use foreign exchange derivatives for risk hedging[158]. Operational Developments - The company has established production bases in Vietnam and Shandong to mitigate the impact of US-China trade tensions and reduce transportation costs[37]. - The company has multiple projects underway, including an annual production capacity of 73.8 million square meters of water-based PVC adhesive products, which has already been put into production[38]. - The company is enhancing its management through the integration of data, information, and industrialization, improving overall efficiency and accuracy[39]. - The company is actively investing in research and development to foster innovation and expand its product offerings[36]. - The company is investing in smart manufacturing projects to enhance automation and efficiency, aiming for a three-year transformation towards automation[49]. - The company has initiated a project for intelligent manufacturing upgrades, with the first phase of the Jiangxi Yongguan intelligent manufacturing project already in operation[148]. Market and Product Strategy - The company operates in the adhesive products sector, focusing on various types of adhesive tapes and materials[17]. - The company is expanding into high-value adhesive products, including biodegradable tapes and specialty adhesives, to capture new market opportunities[54]. - The company aims to achieve breakthroughs in high-end adhesive products and seeks to replace imported products with domestic alternatives[105]. - The company is focusing on developing biodegradable tapes and expanding into mid-to-high-end sectors such as industrial, automotive, electronics, and medical fields[142]. - The company has developed an environmentally friendly biodegradable tape that achieved a decomposition rate of 62% within 64 days, meeting international standards[45]. Customer and Market Reach - The company serves over 26,000 customers across more than 110 countries, offering a total of 61 product categories and over 49,000 variants[46]. - The company has a low customer concentration, which enhances its risk resistance and market stability[62]. - The revenue from domestic sales reached RMB 111,788.66 million, representing a year-over-year increase of 38.54%[128]. - The revenue from overseas sales was RMB 266,274.34 million, showing a significant year-over-year increase of 67.86%[128]. Governance and Management - The company held five shareholder meetings during the reporting period, all of which complied with relevant laws and regulations[171]. - The company’s board of directors includes specialized committees such as the audit committee and the strategic committee, ensuring effective governance[185]. - The management team has undergone changes, with the recent passing of a board member, impacting future governance[176]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period was 5.5432 million yuan[179]. - The company’s board of directors has not faced any objections regarding its operations during the reporting period[185]. Research and Development - The company’s R&D expenses increased by 29.43% to CNY 138,314,099.23, indicating a strong commitment to innovation[69]. - The company is committed to research and development in high-performance fibers and composite materials, aiming to innovate within the industry[140]. - The company has increased its investment in new product technology development to enhance market competitiveness[86]. - The company is investing 100 million yuan in R&D for new technologies aimed at enhancing product efficiency[177]. Environmental and Social Responsibility - The company has invested CNY 123 million in environmental protection from 2015 to 2021, enhancing its compliance with environmental regulations[66]. - The company is committed to enhancing safety and environmental protection measures to mitigate associated risks[42]. - The company aims to promote environmentally friendly products, including biodegradable tapes, in line with national policies and market trends[141].