证券代码：603683 证券简称：晶华新材 公告编号：2023-045 上海晶华胶粘新材料股份有限公司 关于股权激励部分限制性股票回购注销实施公告 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： | 回购股份数量（股） | 注销股份数量（股） | 注销日期 | | | | | --- | --- | --- | --- | --- | --- | | 2,426,520 | 2,426,520 | 2023 年 | 8 | 月 | 22 日 | 根据《2020 年限制性股票激励计划（草案修订稿）》的规定及公司 2020 年 第一次临时股东大会的授权，本次激励计划授予的激励对象中，98 名激励对象 因公司 2022 年业绩未达到 2020 年限制性股票激励计划中首次授予的限制性股 票第三个解除限售期及预留授予（包含剩余预留授予）的限制性股票第二个解除 限售期解除限售的公司层面业绩考核目标，即"2022 年净利润不低于 6,000 万 元"，不符合解除限售条件，公司将以回购价格加上银行同期存款利息之和回购 注销上述 ...

会议召开时间：2023 年 06 月 02 日(星期五) 下午 16:00-17:00 上海晶华胶粘新材料股份有限公司 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： 证券代码：603683 证券简称：晶华新材 公告编号：2023-026 （三） 会议召开方式：上证路演中心网络互动 会议召开地点：上海证券交易所上证路演中心（网址： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 26 日(星期五)至 06 月 01 日(星期 四)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或 通过公司邮箱 zijie.chen@smithcn.com 进行提问。公司将在说明会 上对投资者普遍关注的问题进行回答。 上海晶华胶粘新材料股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日发布公司 2022 年年度报告，为便于广大投资者更全面深 入地了解公司 2022 年度经营成 ...

2022年年度报告 公司代码：603683 公司简称：晶华新材 上海晶华胶粘新材料股份有限公司 2022 年年度报告 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥292,949,553.85, representing a decrease of 4.30% compared to the same period last year[5] - Net profit attributable to shareholders was ¥8,265,688.30, showing a significant increase of 2,357.73% year-on-year[5] - Basic and diluted earnings per share were both ¥0.039, reflecting an increase of 1,850.00% compared to the previous year[6] - The weighted average return on equity rose to 0.85%, an increase of 0.03 percentage points from the previous year[6] - The company reported a total comprehensive income of approximately ¥8.58 million for Q1 2023, compared to ¥4.11 million in Q1 2022[22] - The net profit for Q1 2023 reached approximately ¥11.60 million, significantly up from ¥4.65 million in Q1 2022, representing a growth of 149.0%[21] - The profit attributable to shareholders of the parent company was approximately ¥8.27 million in Q1 2023, compared to only ¥0.34 million in Q1 2022, marking a substantial increase[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,799,462,084.64, a decrease of 2.21% from the end of the previous year[6] - The total liabilities as of March 31, 2023, were RMB 776,502,534.23, compared to RMB 825,802,703.11 at the end of 2022, reflecting a reduction of approximately 5.9%[17] - The total assets decreased from CNY 1,049,943,898.94 as of December 31, 2022, to CNY 1,040,919,244.98 as of March 31, 2023, reflecting a reduction of approximately 0.9%[31] - The total liabilities decreased from CNY 172,812,689.42 as of December 31, 2022, to CNY 163,338,438.44 as of March 31, 2023, indicating a decline of about 5.5%[31] Cash Flow - The net cash flow from operating activities was -¥2,515,638.20, improving from -¥29,544,361.37 in the same period last year[10] - The company's cash flow from operating activities showed a net outflow of approximately ¥2.52 million in Q1 2023, an improvement from a net outflow of ¥29.54 million in Q1 2022[25] - The cash outflow from operating activities totaled $84.62 million in Q1 2023, down from $189.98 million in Q1 2022, marking a reduction of approximately 55.5%[35] - The company's cash flow management strategies appear to be yielding results, as evidenced by the reduced net cash outflows across operating and financing activities compared to the previous year[35][36] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 10,813[11] - Major shareholders include Zhou Xiaonan with 28.29% and Zhou Xiaodong with 25.71% of shares, the latter having 27,900,000 shares pledged[12] Investment and Expenses - Research and development expenses for Q1 2023 were approximately ¥9.06 million, a decrease of 25.3% from ¥12.11 million in Q1 2022[21] - The company's investment income for Q1 2023 was CNY 2,355,238.84, a decrease from CNY 71,573,279.51 in Q1 2022, reflecting a decline of approximately 96.7%[33] - The company experienced a foreign exchange loss of approximately ¥3.02 million in Q1 2023, compared to a loss of ¥0.55 million in Q1 2022[22] Inventory and Receivables - The accounts receivable stood at RMB 203,043,968.29, down from RMB 238,549,552.67, which is a decrease of approximately 15.0%[15] - The inventory as of March 31, 2023, was RMB 276,843,948.41, slightly up from RMB 276,470,692.76 at the end of 2022, indicating a marginal increase[15]

2022 年第三季度报告 证券代码：603683 证券简称：晶华新材 上海晶华胶粘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 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 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | 年初至报告期末 | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 396,755,257.82 | 7.19 | 1,037,283,006.89 | 1.86 | | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥640,527,749.07, a decrease of 1.18% compared to ¥648,178,283.46 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of ¥1,735,704.80, representing a decline of 107.28% from a profit of ¥23,833,693.97 in the previous year[19]. - Basic earnings per share for the first half of 2022 were -¥0.0081, down 107.30% from ¥0.1110 in the same period last year[20]. - The weighted average return on net assets was -0.1802%, a decrease of 2.7125 percentage points from 2.5323% in the previous year[20]. - The company achieved a revenue of 640 million yuan during the reporting period, with a net profit attributable to shareholders of -1.7357 million yuan, and a net profit of 20.466 million yuan after deducting non-recurring gains and losses, indicating a year-on-year decline in performance due to rising production costs and external challenges[53]. - The company reported a net loss attributable to shareholders of the parent company of RMB 1,735,704.80, compared to a profit of RMB 23,833,693.97 in the previous year[174]. - The company reported a net profit for the first half of 2022 of RMB 7,551,188.41, a decline of 68.7% compared to RMB 24,089,357.43 in the first half of 2021[173]. Cash Flow and Assets - The net cash flow from operating activities was ¥7,831,891.85, compared to a negative cash flow of ¥258,263.57 in the same period last year, indicating a significant improvement[19]. - The total assets at the end of the reporting period were ¥1,769,890,328.63, an increase of 0.52% from ¥1,760,710,611.28 at the end of the previous year[19]. - The company reported a cash inflow of RMB 162,167,545.60 from borrowings in the first half of 2022, consistent with RMB 162,314,847.93 in the same period of 2021[180]. - Cash and cash equivalents at the end of the first half of 2022 stood at RMB 222,999,739.89, up from RMB 203,093,915.01 at the end of the first half of 2021[180]. - The company’s total current assets amounted to 818,264,183.64 RMB, slightly increasing from 815,789,541.97 RMB at the beginning of the period[164]. Research and Development - The company has a strong R&D capability with 17 invention patents and 63 utility model patents as of June 30, 2022, enhancing its competitive edge in the adhesive materials industry[44]. - Research and development expenses were CNY 24,919,446.82, a slight decrease of 2.21% compared to the previous year[60]. - The company is committed to enhancing its R&D capabilities and product innovation to meet the evolving needs of its customers and maintain a competitive edge in the adhesive materials industry[52]. - The company plans to focus on three key business areas: industrial adhesive materials, electronic adhesive materials, and functional film materials, while also developing new chemical materials and specialty paper[57]. Market Strategy and Development - The company aims to enhance product quality and efficiency, transitioning from extensive growth to high-quality development, driven by new product demands in emerging markets such as 5G and new energy vehicles[29]. - The company plans to strengthen its binding with major clients, transitioning from product suppliers to solution providers, ensuring long-term cooperation through customized development[30]. - The company is focusing on the automotive, home decoration, and biodegradable packaging markets for future product development, while also targeting the Asian and European markets for export growth[54]. - The company is actively expanding its product line, which includes industrial adhesives, electronic adhesives, functional films, specialty papers, and new chemical materials, aiming to become an international leader in adhesive solutions[50]. Risk Management - The report includes a risk statement indicating that future plans and strategies may involve uncertainties and do not constitute a commitment to investors[5]. - The company faces risks from macroeconomic fluctuations, which could impact demand for adhesive products used in consumer electronics[75]. - Rising prices of raw materials and energy pose a significant risk to the company's cost structure, as these costs constitute a large portion of total expenses[76]. - Increased market competition from international firms is expected to pressure domestic companies, necessitating continuous innovation and quality improvement[76]. Environmental Compliance - The company has established a comprehensive quality management system, ensuring product quality through strict quality control standards and certifications such as ISO9001 and ISO14001, resulting in high customer satisfaction and loyalty[48]. - The company is classified as a key pollutant discharge unit by the Zhejiang Provincial Ecological Environment Department, with quarterly monitoring of wastewater emissions conducted by the local environmental monitoring center[91]. - All wastewater discharge monitoring results for the year met national legal and regulatory emission requirements, indicating compliance with standards[91]. - The company has implemented online monitoring devices for key wastewater parameters, including COD, pH, ammonia nitrogen, total nitrogen, and flow[91]. Shareholder and Governance - The company has established a long-term commitment to transparency and accountability in its financial disclosures[129]. - The company will ensure timely, truthful, accurate, and complete disclosure of information related to the incentive plan[135]. - The company has committed to ensuring that the implementation of the incentive plan aligns with the performance of the company[135]. - The company has engaged professional environmental agencies for regular on-site environmental inspections to enhance management levels[125].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 306,124,599.17, representing a year-on-year increase of 1.46%[3] - The net profit attributable to shareholders decreased by 97.72% to CNY 336,313.56, primarily due to rising costs of raw materials, labor, and energy, as well as production capacity issues caused by holidays and the pandemic[8] - The company's net profit for Q1 2022 was CNY 4,651,172.28, a significant decrease from CNY 15,677,998.48 in Q1 2021, representing a decline of approximately 70.3%[18] - The total profit for Q1 2022 was CNY 2,651,257.16, down from CNY 16,783,447.52 in Q1 2021, representing a decline of approximately 84.2%[18] - The company reported a total comprehensive income of CNY 4,105,391.79 for Q1 2022, down from CNY 15,999,290.01 in Q1 2021, reflecting a decrease of approximately 74.3%[19] Earnings and Shareholder Information - Basic and diluted earnings per share both fell by 98.33% to CNY 0.002[3] - Basic and diluted earnings per share were both CNY 0.002 in Q1 2022, compared to CNY 0.12 in Q1 2021, indicating a decline of 98.3%[19] - The total number of common shareholders at the end of the reporting period was 12,208[10] - The top two shareholders, Zhou Xiaonan and Zhou Xiaodong, held 27.89% and 25.35% of shares, respectively[10] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -29,544,361.37, indicating increased cash outflows for purchasing goods and labor services[3] - The net cash flow from operating activities was negative at CNY -29,544,361.37 for Q1 2022, worsening from CNY -4,140,238.54 in Q1 2021[22] - Investment activities generated a net cash flow of CNY 25,208,081.30 in Q1 2022, a recovery from a negative cash flow of CNY -83,080,112.38 in Q1 2021[22] - Cash and cash equivalents as of March 31, 2022, were RMB 203,621,078.85, down from RMB 213,561,043.63 as of December 31, 2021, a decrease of about 4.4%[13] - The cash and cash equivalents at the end of Q1 2022 stood at CNY 198,030,833.15, a decrease from CNY 141,386,001.06 at the end of Q1 2021[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,755,422,201.86, a decrease of 0.30% from the previous year[4] - Total assets as of March 31, 2022, were RMB 1,755,422,201.86, slightly down from RMB 1,760,710,611.28 as of December 31, 2021[16] - Total liabilities decreased to RMB 751,644,896.49 as of March 31, 2022, from RMB 772,593,958.95 as of December 31, 2021, a reduction of approximately 2.7%[15] - Shareholders' equity attributable to the parent company increased by 1.18% to CNY 975,254,835.54[4] - Shareholders' equity increased to RMB 1,003,777,305.37 as of March 31, 2022, from RMB 988,116,652.33 as of December 31, 2021, reflecting a growth of about 1.6%[16] Operating Costs and Expenses - Total operating costs for Q1 2022 were RMB 304,859,181.54, up from RMB 287,039,729.03 in Q1 2021, indicating an increase of about 6.2%[17] - Operating costs included RMB 264,085,443.00 in cost of goods sold for Q1 2022, compared to RMB 246,099,652.62 in Q1 2021, reflecting a rise of approximately 7.3%[17] - Research and development expenses for Q1 2022 were RMB 12,105,319.47, compared to RMB 12,719,789.66 in Q1 2021, indicating a decrease of approximately 4.8%[17] Other Financial Metrics - Non-recurring gains and losses totaled CNY 1,276,489.89, with government subsidies being a significant component[7] - The weighted average return on equity decreased by 1.55 percentage points to 0.03%[3] - The company experienced a foreign exchange loss of CNY -640,044.83 in Q1 2022, compared to a gain of CNY 842,036.07 in Q1 2021[23] - The company incurred a credit impairment loss of CNY -1,113,620.11 in Q1 2022, contrasting with a gain of CNY 39,876.68 in Q1 2021[18] - Accounts receivable increased to RMB 219,428,919.13 as of March 31, 2022, from RMB 201,458,484.94 as of December 31, 2021, showing a growth of approximately 8.9%[14] - Inventory as of March 31, 2022, was RMB 279,485,999.25, compared to RMB 262,848,105.49 as of December 31, 2021, marking an increase of about 6.3%[14]

Financial Performance - The company reported a distributable profit of RMB 264,175,981.21 as of December 31, 2021, with a proposed cash dividend of RMB 0.55 per 10 shares, totaling RMB 10,096,295.00, which accounts for 31.87% of the net profit attributable to shareholders[6]. - The company's operating revenue for 2021 was CNY 1,394,717,048.87, representing a year-on-year increase of 34.27% compared to CNY 1,038,740,713.86 in 2020[23]. - The net profit attributable to shareholders of the listed company decreased by 79.62% to CNY 31,683,406.45 from CNY 155,496,947.70 in the previous year[23]. - Basic earnings per share dropped by 79.55% to CNY 0.18 from CNY 0.88 in 2020[24]. - The weighted average return on equity decreased by 14.78 percentage points to 3.33% from 18.11% in the previous year[24]. - The gross profit margin for the period was 16.27%, a decrease of 2.79 percentage points year-on-year[55]. - The net profit attributable to the parent company was 31.68 million RMB, a decrease of 79.62% year-on-year, primarily due to the previous year's tax benefits from relocation[55]. Capital Management - The company plans to increase its total share capital from 183,569,000 to 220,282,800 shares through a capital reserve transfer of 2 shares for every 10 shares held[6]. - The company has established a cash dividend policy that prioritizes cash distribution, with a minimum of 15% of distributable profits to be allocated as cash dividends if no major investment plans are in place[186]. - For mature companies without major capital expenditure plans, cash dividends should constitute at least 80% of the profit distribution[187]. - The company aims to maintain a continuous and stable dividend distribution policy, adjusting it based on actual conditions and shareholder feedback[190]. Operational Efficiency - The cash flow from operating activities increased by 62.28% to CNY 126,187,570.13, up from CNY 77,760,043.45 in 2020[23]. - The company plans to enhance credit management to improve cash collection from sales, which contributed to the increase in cash flow from operating activities[25]. - The company is focusing on enhancing its sales network by combining direct and distributor sales models to meet customer demands across all major cities[52]. - The company is transitioning towards smart manufacturing, aiming to enhance production efficiency and reduce operational costs through digitalization[54]. Research and Development - R&D expenses increased by 57.45% to 61.77 million RMB, reflecting a commitment to new product development and process improvements[57]. - The company has established a robust research and development framework, holding 18 invention patents and 58 utility model patents, and collaborates with top universities to enhance its technological capabilities[50]. - The company is actively developing graphene-related products and has achieved small-scale trial production and shipment through certifications from multiple enterprises[47]. - The company plans to establish a research and development center in Shanghai to strengthen its R&D capabilities and foster innovation through partnerships with universities[144]. Market Position and Strategy - The company aims to become an international leader in the adhesive materials industry through continuous technological innovation and digitalization, focusing on high-performance industrial adhesives and electronic adhesive materials[47]. - The company has established strategic partnerships with key clients, including Nippon Paint, and has expanded its export sales to over 60 countries, enhancing brand influence[37]. - The company is actively pursuing market expansion and new product development in response to structural adjustments in the adhesive industry[134]. - The company is focusing on expanding its product applications across various industries, including automotive, electronics, and construction, to enhance customer experience and create value[48]. Environmental Compliance - The company is committed to environmental protection and safety production, implementing measures to reduce pollution and enhance safety awareness among employees[148]. - The company has implemented online monitoring devices for wastewater discharge, ensuring continuous compliance with environmental standards[199]. - All wastewater discharge results from Zhejiang Jingxin met national legal standards, indicating compliance with environmental regulations[200]. - The company has committed to proper disposal of all hazardous waste through qualified companies, adhering to hazardous waste management requirements[200]. Governance and Management - The company is focused on maintaining strong governance and transparency in its operations, as evidenced by the detailed reporting of executive compensation and shareholding changes[155]. - The company has established a performance evaluation mechanism for senior management based on operational management goals and responsibilities, ensuring regular assessments[197]. - The company continues to focus on enhancing its financial management and governance structure through experienced professionals in key positions[162]. - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating compliance with regulations[167].

Revenue and Profitability - Revenue for Q3 2021 reached ¥370,142,362.80, an increase of 25.00% year-over-year, while year-to-date revenue was ¥1,018,320,646.26, up 45.79% compared to the same period last year[5] - Net profit attributable to shareholders decreased by 64.04% in Q3 2021 to ¥7,354,249.51, and year-to-date net profit was ¥31,187,943.48, down 8.53% year-over-year[5] - The net profit excluding non-recurring gains and losses fell by 69.25% in Q3 2021 to ¥6,532,792.50, with a year-to-date figure of ¥28,524,607.84, a decrease of 9.68% compared to the previous year[5] - Basic earnings per share for Q3 2021 were ¥0.04, down 50.00% from the previous year, while diluted earnings per share were also ¥0.04, reflecting the same decline[6] - In Q3 2021, the company achieved a revenue of RMB 1.018 billion, representing a year-on-year growth of 45.79%[15] - The net profit attributable to shareholders was RMB 31.19 million, a decrease of 8.53% year-on-year, primarily due to stock incentive costs and rising raw material prices[15] Cash Flow and Financial Position - Operating cash flow for the year-to-date period increased significantly by 227.92% to ¥25,885,510.92, attributed to higher sales collections[6] - The company's cash and cash equivalents as of September 30, 2021, were RMB 172.63 million, down from RMB 247.74 million at the end of 2020[18] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 988,533,067.71, a significant increase of approximately 50.1% compared to CNY 658,507,004.10 in the same period of 2020[26] - The net cash flow from operating activities for the third quarter of 2021 was CNY 25,885,510.92, compared to CNY 7,893,909.16 in the third quarter of 2020, representing an increase of approximately 228.5%[27] - The cash and cash equivalents at the end of the third quarter of 2021 totaled CNY 163,662,198.72, slightly up from CNY 159,210,292.03 at the end of the same quarter in 2020[28] Assets and Liabilities - Total assets as of the end of the reporting period were ¥1,735,543,852.17, representing a 5.13% increase from the end of the previous year[6] - Total operating costs for the first three quarters of 2021 were ¥980,616,045.01, compared to ¥669,045,018.01 in the previous year, indicating an increase of about 46.5%[22] - The total liabilities as of the end of the third quarter of 2021 were ¥742,935,182.27, compared to ¥688,891,766.61 in the previous year, showing an increase of about 7.9%[20] - Short-term borrowings increased to ¥284,162,695.03 from ¥221,177,004.02, reflecting a rise of about 28.5%[20] - The company’s long-term borrowings decreased to ¥160,000,000.00 from ¥170,000,000.00, indicating a reduction of approximately 5.9%[20] Operational Challenges and Strategies - The decline in net profit was mainly due to rising raw material costs and increased expenses related to stock incentive plans[10] - The company is facing risks from raw material price fluctuations, which could adversely affect profitability if costs cannot be passed on to customers[15][16] - The "dual control" policy implemented by local governments may lead to production limitations, impacting the company's operational efficiency and costs[16] - The company has implemented measures to enhance operational efficiency, including cost reduction and product structure improvement[15] - The company is focused on market expansion and improving production efficiency to mitigate the impact of rising costs and maintain profitability[15] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥39,518,674.17, compared to ¥26,127,456.08 in the previous year, reflecting a growth of approximately 51.5%[22] Other Financial Metrics - The company reported a decrease in other comprehensive income after tax, amounting to -¥613,393.15 compared to -¥1,458,709.76 in the previous year[23] - Total comprehensive income for the third quarter of 2021 was CNY 31,205,997.26, compared to CNY 29,989,361.13 in the same period of 2020, reflecting an increase of approximately 4.1%[24] - Basic and diluted earnings per share for the third quarter of 2021 were both CNY 0.17, down from CNY 0.19 in the third quarter of 2020, indicating a decrease of about 10.5%[24]

Financial Performance - The company's operating revenue for the first half of the year reached ¥648,178,283.46, representing a 61.08% increase compared to the same period last year[18]. - Net profit attributable to shareholders increased by 74.63% year-on-year, amounting to ¥23,833,693.97[18]. - The basic earnings per share rose to ¥0.13, an 18.18% increase from ¥0.11 in the previous year[19]. - The total profit for the first half of 2021 was ¥29,823,774.10, a rise from ¥9,576,092.40 in the first half of 2020[148]. - The total comprehensive income for the first half of 2021 was ¥23,439,797.30, compared to ¥11,816,529.29 in the first half of 2020[149]. - The company reported a net profit of 52,206,000, indicating a decrease of 6,525,750 from the previous year[163]. - The total revenue for the first half of 2021 was 790,627,737 RMB, showing a significant increase compared to the previous period[168]. Cash Flow and Financial Position - The net cash flow from operating activities decreased by 101.94%, primarily due to increased employee compensation and tax expenses[20]. - The company's cash and cash equivalents decreased by 12.97% to ¥215,617,252.88, accounting for 12.69% of total assets[49]. - The company reported a total non-current asset of ¥757,470,802.63, compared to ¥670,531,810.85, indicating an increase of about 12.9%[144]. - The ending balance of cash and cash equivalents was 203,093,915.01 RMB, compared to 179,634,629.87 RMB at the end of the first half of 2020[155]. - The company’s total liabilities and equity structure remains stable with no significant changes reported in the control of major shareholders[130]. - The total liabilities were reported at 35,736,800, indicating a manageable debt level[167]. Investments and Subsidiaries - The company has established stable partnerships with major clients such as Ningde Times and OPPO, enhancing its market position in the adhesive materials sector[30]. - The company has subsidiaries including Jiangsu Jinghua, Zhejiang Jingxin, and Guangdong Jinghua, among others[10]. - The company established a wholly-owned subsidiary in Anhui with a registered capital of ¥50 million for the OCA optical adhesive film project[54]. - Jiangsu Jinghua reported total assets of CNY 1,127.38 million and a net profit of CNY -4.55 million for the first half of 2021[56]. - Zhejiang Jingxin achieved total assets of CNY 366.51 million with a net profit of CNY 37.34 million, reflecting a significant performance in the specialty paper and adhesive tape sector[56]. Research and Development - R&D expenses increased by 44.40% to ¥25.48 million, driven by higher personnel costs and material inputs[48]. - The company is focusing on expanding its product range in specialty adhesives and films, aiming to capture more market share[56]. - The company is focusing on differentiated, high-quality development strategies in the new materials industry, particularly in the automotive, medical, and biodegradable packaging sectors[43]. - The company has implemented an "embedded" R&D system to enhance collaboration with terminal customers and expand application areas[43]. Environmental Management - The company emphasizes environmental management through ISO 14001 certification and regular training for employees on environmental awareness[78]. - The company has implemented a zero direct discharge policy for wastewater, aligning with Zhejiang Province's requirements[78]. - The company has installed online monitoring devices for COD, pH, ammonia nitrogen, total nitrogen, and flow at the wastewater discharge outlet, ensuring compliance with national discharge standards[70]. - In the first half of 2021, there were no environmental pollution incidents reported by the company[77]. Shareholder and Governance - The company did not distribute cash dividends, issue bonus shares, or convert reserves into share capital for the first half of 2021[4]. - The company has implemented a stock incentive plan, granting 3.845 million restricted stocks in 2020, with adjustments made to the plan in June 2021[67][68]. - The company has committed to timely, truthful, and accurate disclosure of information related to the equity incentive plan[106]. - The company has a commitment to disclose any failure to fulfill obligations regarding trustworthiness and to propose supplementary commitments to protect investor rights[101]. Market and Competitive Landscape - The company aims to leverage opportunities from the trade war and the shift of high-end industrial chains to accelerate its growth in various sectors, including consumer electronics and new energy transportation[42]. - The company anticipates increased competition in the adhesive materials industry due to rising investments and demand, necessitating continuous innovation in technology and service to maintain market share[59]. - The functional film materials industry is rapidly developing and is a key area supported by national policies, indicating strong future growth potential[28].