Financial Performance - Revenue for the first quarter was CNY 203,329,702.49, a 10.47% increase year-on-year[5] - Net profit attributable to shareholders increased by 10.42% to CNY 30,562,483.70 compared to the same period last year[5] - Basic earnings per share decreased by 16.22% to CNY 0.31 compared to the same period last year[5] - The weighted average return on equity decreased by 4.37 percentage points to 5.93% compared to the same period last year[5] - Total operating revenue for Q1 2016 was CNY 203,329,702.49, an increase of 10.5% compared to CNY 184,064,634.39 in Q1 2015[33] - Total operating costs for Q1 2016 were CNY 167,837,117.66, up 10.5% from CNY 151,979,772.21 in the same period last year[33] - Operating profit for Q1 2016 reached CNY 35,492,584.83, representing a 10.5% increase from CNY 32,084,862.18 in Q1 2015[33] - Net profit for Q1 2016 was CNY 30,562,483.70, a rise of 10.4% compared to CNY 27,677,616.10 in Q1 2015[34] - Total profit for Q1 2016 was CNY 37,380,944.91, compared to CNY 33,049,599.18 in Q1 2015, marking an increase of 13.1%[36] Asset and Equity Growth - Total assets increased by 78.02% to CNY 924,402,003.09 compared to the end of the previous year[5] - Net assets attributable to shareholders increased by 104.96% to CNY 692,448,187.62 compared to the end of the previous year[5] - Total current assets increased to ¥679,156,330.13 from ¥283,122,213.92, representing a growth of 139.9%[23] - Total non-current assets amounted to ¥245,245,672.96, up from ¥236,156,268.06, a rise of 3.1%[24] - Total equity increased to ¥692,448,187.62 from ¥337,852,653.92, representing a growth of 105.5%[25] Cash Flow and Liquidity - Operating cash flow increased by 166.42% to CNY 64,893,592.80 for the first quarter compared to the same period last year[5] - Cash and cash equivalents increased by 397.22% to ¥569,222,108.82 due to funds raised from the public offering of common stock[14] - The company reported a significant increase in cash inflow from operating activities, totaling CNY 218,178,854.60 in Q1 2016, compared to CNY 201,091,575.02 in Q1 2015[38] - The net cash flow from operating activities was -233,865,414.98 RMB, compared to 26,811,551.41 RMB in the previous period, indicating a significant decline in operational cash generation[41] - Total cash inflow from financing activities amounted to 340,038,891.52 RMB, while cash outflow was 516,805.54 RMB, resulting in a net cash flow of 339,522,085.98 RMB from financing activities[41] Shareholder Information - The total number of shareholders reached 22,447 at the end of the reporting period[11] - The top shareholder, Qingdao Lubang Petrochemical Co., Ltd., holds 29.69% of the shares[11] Liabilities and Expenses - Long-term borrowings increased by 57.40% to ¥52,553,074.00, reflecting additional loans for construction projects[14] - Total liabilities increased to ¥231,953,815.47 from ¥181,425,828.06, a growth of 27.8%[25] - Sales expenses rose by 35.58% to ¥16,484,787.01, primarily due to increased advertising costs[15] Regulatory and Compliance Commitments - The company committed not to transfer or entrust the management of its shares in Qingdao Compton Technology Co., Ltd. for 36 months from the date of listing[16] - The company will stabilize the stock price if it falls below the net asset value per share for 20 consecutive trading days within three years post-IPO, including potential share buybacks[17] - The company assures that it will not harm the legal rights of minority shareholders of Qingdao Compton Technology Co., Ltd. through its controlling position[19] - The company will strictly comply with national laws and regulations, ensuring no direct or indirect competition with Compton and its controlled enterprises[19] Other Financial Metrics - The company reported non-recurring gains of CNY 403,112.68 during the reporting period[8] - The company reported a total cash and cash equivalents balance of 269,527,500.48 RMB at the end of the period, up from 110,380,383.18 RMB in the previous period, reflecting a net increase of 107,487,509.27 RMB[41] - The company paid 16,559,206.91 RMB in taxes during the period, up from 13,962,356.50 RMB in the previous period, indicating higher tax obligations[41]

Financial Performance - Revenue for the first quarter was CNY 203,329,702.49, a 10.47% increase year-on-year[5] - Net profit attributable to shareholders increased by 10.42% to CNY 30,562,483.70 compared to the same period last year[5] - Net profit excluding non-recurring gains and losses was CNY 30,264,496.06, up 10.14% year-on-year[5] - The company's operating profit for Q1 2016 was CNY 35,492,584.83, an increase of 10.5% from CNY 32,084,862.18 in Q1 2015[32] - The total profit for Q1 2016 was CNY 35,843,134.99, compared to CNY 32,320,355.41 in Q1 2015, indicating a growth of 4.8%[32] - Basic earnings per share decreased by 16.22% to CNY 0.31 compared to the same period last year[5] - Total operating revenue for Q1 2016 was CNY 203,329,702.49, an increase of 10.3% compared to CNY 184,064,634.39 in Q1 2015[32] - Total operating costs for Q1 2016 were CNY 167,837,117.66, up 10.4% from CNY 151,979,772.21 in the same period last year[32] Assets and Liabilities - Total assets increased by 78.02% to CNY 924,402,003.09 compared to the end of the previous year[5] - Net assets attributable to shareholders increased by 104.96% to CNY 692,448,187.62 compared to the end of the previous year[5] - The company's total liabilities increased to CNY 182,368,902.51 in Q1 2016, compared to CNY 142,529,532.26 in Q1 2015, marking a growth of 27.9%[28] - Total liabilities increased to CNY 231,953,815.47 from CNY 181,425,828.06, which is an increase of approximately 27.8%[24] - Long-term borrowings rose by 57.40% to ¥52,553,074.00 from ¥33,388,723.00, due to increased loans for construction projects by subsidiaries[14] - The current liabilities totaled CNY 169,838,051.73, up from CNY 138,459,372.34, representing an increase of approximately 22.6%[23] Cash Flow - Operating cash flow increased by 166.42% to CNY 64,893,592.80 for the first quarter compared to the same period last year[5] - Net cash flow from operating activities surged by 166.42% to ¥64,893,592.80 from ¥24,358,002.01, driven by a decrease in raw material purchases[14] - Cash inflow from financing activities totaled CNY 352,133,242.52, with a net cash flow of CNY 350,980,460.06, compared to a net outflow of CNY 1,354,652.41 previously[38] - The net increase in cash and cash equivalents was CNY 405,729,787.59, compared to CNY 22,632,173.75 in the prior period, marking a substantial increase[38] - The ending balance of cash and cash equivalents reached CNY 569,222,108.82, up from CNY 114,480,806.72 at the end of the previous period[38] Shareholder Information - The total number of shareholders reached 22,447 at the end of the reporting period[11] - The top shareholder, Qingdao Lubang Petrochemical Co., Ltd., holds 29.69% of the shares[11] Investment and Expenses - Sales expenses increased by 35.58% to ¥16,484,787.01 compared to ¥12,158,676.93 in the same period last year, primarily due to higher advertising costs[14] - Financial expenses decreased by 55.45% to ¥656,902.12 from ¥1,474,388.49, reflecting reduced loan interest expenses[14] - Cash outflow for purchasing goods and services decreased to CNY 100,251,733.03 from CNY 133,880,052.59, a reduction of approximately 25.1%[37] - Cash outflow for employee payments rose to CNY 18,395,116.27 from CNY 10,070,826.47, an increase of approximately 82.5%[37] Corporate Governance - The company commits to stabilize its stock price if it falls below net asset value for 20 consecutive trading days, including potential share buybacks[17] - The company plans to notify the board of its stock purchase plan within 10 trading days if it decides to increase its holdings to stabilize the stock price[17] - The maximum proportion of shares to be repurchased will not exceed 1% of the total share capital[17] - If the company fails to implement the stock purchase plan, it agrees to withhold cash dividends equivalent to the amount it was supposed to invest[18] - The company assures that it will not engage in businesses that compete with Qingdao Compton Technology Co., Ltd. and its subsidiaries[18] - The company will adhere to legal regulations and maintain the independence of Qingdao Compton in terms of assets, finance, personnel, and operations[18] - The company will ensure fair and reasonable terms in related transactions with Qingdao Compton, avoiding any preferential conditions[18] Forecast and Provisions - The cumulative net profit forecast for the year is not expected to incur significant losses compared to the same period last year[18] - The total assets impairment loss increased by 67.17% to ¥1,834,907.56 from ¥1,097,646.85, as a result of provisions for bad debts[14]