Financial Performance - Total comprehensive income for 2022 reached 275,754,503.79 RMB[1] - Owner's equity at the end of 2022 amounted to 2,164,409,555.86 RMB[3] - Total owner's equity at the beginning of 2022 was 2,042,178,968.47 RMB[1] - Net profit attributable to owners for 2022 was 122,230,587.39 RMB[1] - Revenue for 2022 reached 3.949 billion yuan, a 14.64% increase compared to 2021[86] - Net profit attributable to shareholders in 2022 was 389.725 million yuan, up 30.66% year-on-year[86] - Operating cash flow for 2022 was 372.994 million yuan, a significant improvement from -120.996 million yuan in 2021[86] - Total assets at the end of 2022 were 4.646 billion yuan, a 16.95% increase from 2021[86] - Basic earnings per share (EPS) for 2022 was 0.76 yuan, a 31.03% increase compared to 2021[87] - Diluted EPS for 2022 was 0.76 yuan, also a 31.03% increase year-on-year[87] - Net assets attributable to shareholders at the end of 2022 were 2.957 billion yuan, an 8.81% increase from 2021[86] - Revenue in 2022 reached 3,949.88 million yuan, a year-on-year increase of 14.64%[94] - Net profit attributable to shareholders was 389.73 million yuan, up 30.66% year-on-year[94] - Non-GAAP net profit was 343.53 million yuan, an increase of 20.91% compared to the previous year[94] - Gross profit margin for the year was 18.61%, a slight decrease of 0.24 percentage points[98] - ROE (Return on Equity) increased by 2.35 percentage points to 13.79%[98] Business Operations - The company's main business activities include production and sales of wool yarn and textile products[7] - The company has 12 subsidiaries included in the consolidated financial statements[8] - The company's stock has been listed on the Shanghai Stock Exchange since December 31, 2014[7] - The company's headquarters is located in Tongxiang City, Zhejiang Province[7] - The company's registered capital is 511,746,388.00 RMB[7] - The company's total shares outstanding are 511,746,388 shares[7] - The company's operating cycle is short, with assets and liabilities classified based on a 12-month liquidity standard[16] - The company uses RMB as its functional currency for domestic subsidiaries, while overseas subsidiaries use the currency of their primary economic environment[17] - The company employs specific accounting methods for business combinations under common control and non-common control, including the recognition of goodwill[18] - The company consolidates all subsidiaries under its control in its financial statements, prepared in accordance with Chinese Accounting Standards No. 33[19] - The company defines cash equivalents as short-term, highly liquid investments with minimal risk of value change, typically maturing within three months[21] - The company uses specific methods for foreign currency transactions and financial statement translation, with exchange differences recognized in current profit or loss or other comprehensive income[22] - The company classifies financial assets and liabilities into categories based on their measurement attributes, including amortized cost, fair value through other comprehensive income, and fair value through profit or loss[23][25][26] - The company's financial statements comply with Chinese Accounting Standards, accurately reflecting its financial position, operating results, and cash flows[14] - The company's financial statements are prepared on a going concern basis, with no significant concerns about its ability to continue operations for the next 12 months[10][11] - The company's accounting policies and estimates are tailored to its actual production and operation characteristics, covering areas such as financial instrument impairment, fixed asset depreciation, and revenue recognition[13] Profit Distribution and Capital Reserve - The company plans to distribute a cash dividend of 4.00 yuan per 10 shares, with a total cash dividend of 204,698,555.20 yuan, and a capital reserve transfer of 4 shares per 10 shares, totaling 204,698,555 shares, increasing the total share capital to 716,444,943 shares[33] - The company's 2022 annual profit distribution and capital reserve transfer plan has been approved by the sixth board of directors and requires approval from the shareholders' meeting[33] Audit and Reporting - The company's financial report for 2022 has been audited by Tianjian Accounting Firm, which issued a standard unqualified opinion[32] - The company's annual report is disclosed in media such as "China Securities Journal", "Shanghai Securities News", "Securities Times", and "Securities Daily", and is available on the Shanghai Stock Exchange website[42] Financial Instruments and Risk Management - The company uses the expected credit loss method to measure and account for financial instrument impairment, assessing credit risk at each balance sheet date[46] - The company determines the fair value of financial assets and liabilities using valuation techniques with input values categorized into three levels, prioritizing observable market data[45] - The company's financial assets and liabilities are measured at amortized cost using the effective interest method, with gains or losses recognized in current period profit or loss upon termination or amortization[44] - The company's financial assets are derecognized when the contractual rights to receive cash flows are terminated or when the assets are transferred under specific conditions[44] - The company's financial liabilities are derecognized when the present obligation is discharged, with corresponding recognition of gains or losses[44] - The company assesses expected credit risk and measures expected credit losses based on individual financial instruments or portfolios of financial instruments, with portfolios grouped by common risk characteristics[48] - Expected credit losses are recalculated at each balance sheet date, with changes in loss provisions recognized as impairment losses or gains in the current period's profit and loss[48] - For financial assets measured at amortized cost, loss provisions reduce the carrying amount of the financial asset on the balance sheet[48] - For debt investments measured at fair value with changes recognized in other comprehensive income, loss provisions are recognized in other comprehensive income without reducing the carrying amount of the financial asset[48] - The company uses a three-stage model to measure expected credit losses for financial instruments assessed on a portfolio basis[48] - Accounts receivable aged 1 year or less have an expected credit loss rate of 5.00%, while those aged 5 years or more have a 100.00% expected credit loss rate[49] Inventory and Costing - The company uses the month-end weighted average method for inventory costing and measures inventory at the lower of cost or net realizable value[51] - Inventory is classified into finished goods, work-in-progress, and raw materials, with provisions for inventory write-downs made when the cost exceeds the net realizable value[51] - The company uses the perpetual inventory system and applies the one-time write-off method for low-value consumables and packaging materials[52] Long-term Investments and Assets - Long-term equity investments are initially measured at the fair value of the consideration paid in non-common control business combinations[57] - Long-term equity investments are measured using the cost method for controlling investments and the equity method for joint ventures and associates[58] - The company recognizes gains or losses from the disposal of subsidiary investments based on the difference between the carrying amount and the actual proceeds[59] - Investment properties are initially measured at cost and subsequently measured using the cost model, with depreciation or amortization methods similar to fixed assets and intangible assets[61] - Fixed assets are depreciated using the straight-line method with varying useful lives: buildings (5-20 years), machinery (10 years), vehicles (5 years), and other equipment (5 years)[63] - Borrowing costs are capitalized when directly attributable to the acquisition or construction of qualifying assets, with capitalization suspended if construction is interrupted for more than 3 months[65] - Right-of-use assets are initially measured at cost, including lease liabilities, initial direct costs, and estimated restoration costs, and depreciated using the straight-line method[66][67] - Intangible assets such as land use rights, patents, and software are amortized over their useful lives: land use rights (50 years), management software (5-10 years), and patent rights (10 years)[68] - Internal research and development costs are expensed during the research phase and capitalized during the development phase if specific criteria are met[69] - Long-term assets, including goodwill and indefinite-lived intangible assets, are tested for impairment annually, with impairment losses recognized if the recoverable amount is less than the carrying amount[70] Revenue Recognition and Contract Liabilities - Revenue recognition for domestic sales is confirmed upon obtaining customer sign-off or confirmation after delivery[113] - Revenue recognition for export sales under FOB and CIF terms is confirmed upon obtaining the bill of lading and receiving payment or payment receipt[113] - The company recognizes revenue for products like worsted yarn, cashmere, and wool tops at the point when the customer gains control of the product[113] - Contract liabilities are recognized when the company receives or is entitled to receive consideration from customers before transferring goods or services[72] - Contract costs are capitalized if they are expected to be recoverable and directly related to a current or expected contract[114] Government Grants and Tax - Government grants related to assets are either deducted from the asset's book value or recognized as deferred income and amortized over the asset's useful life[116] - Government grants related to income are recognized as deferred income and amortized into profit or loss when related costs or losses are incurred[116] - Deferred tax assets and liabilities are recognized based on the difference between the book value and tax base of assets and liabilities, using the applicable tax rate[118] - The company reviews the carrying amount of deferred tax assets at each balance sheet date and writes down the value if future taxable income is unlikely to be sufficient[119] - The company's domestic trade general commodity tax rate is 13% in 2022[129] - The company's urban maintenance and construction tax rate is 5% and 7%[129] - The company's education surcharge rate is 3%[129] - The company's local education surcharge rate is 2%[129] - The company's property tax rate is 1.2% and 12%[129] - The company's export tax rebate rate for 2022 is 13% for certain subsidiaries[163] - The company's subsidiaries operate under varying corporate income tax rates, ranging from 15% to 30%[163] - The company was recognized as a high-tech enterprise, reducing its corporate income tax rate to 15% for the year 2022[164] - Houyuan Textile Company was also recognized as a high-tech enterprise, reducing its corporate income tax rate to 15% for the year 2022[164] - Xin'ao Cashmere Company was recognized as a high-tech enterprise, reducing its corporate income tax rate to 15% for the year 2022 and benefiting from Western Development tax incentives until 2030[165] - Hongde Cashmere Company and Feixun Technology Company qualified as small and micro-profit enterprises, with income up to 1 million yuan taxed at 12.5% and income between 1-3 million yuan taxed at 25%[167] Leases and Rental Income - The company recognizes short-term leases as those with a lease term of no more than 12 months and without a purchase option[120] - Low-value asset leases are identified based on the value of the individual leased asset when it is new[120] - For short-term and low-value asset leases, the company recognizes lease payments on a straight-line basis over the lease term[120] - The company measures the right-of-use asset at cost, including the initial measurement of the lease liability, lease payments made at or before the commencement date, initial direct costs, and estimated costs for dismantling and removing the leased asset[120] - The company depreciates the right-of-use asset on a straight-line basis over the lease term or the remaining useful life of the asset, whichever is shorter[121] - The company recognizes the present value of unpaid lease payments as a lease liability at the commencement date, using the lease's implicit interest rate or the company's incremental borrowing rate as the discount rate[121] - For operating leases, the company recognizes rental income on a straight-line basis over the lease term and capitalizes initial direct costs, amortizing them over the same period[122] - For finance leases, the company recognizes the net investment in the lease at the commencement date and calculates interest income using the lease's implicit interest rate[123] - The company re-measures the lease liability and adjusts the right-of-use asset when there are changes in fixed payments, residual value guarantees, or indices used to determine lease payments[125] - The company classifies leases as finance leases if they transfer substantially all the risks and rewards of ownership of the leased asset[125] Market and Export Performance - The company's wool yarn production decreased by 0.8% year-on-year in the first 11 months of 2022[141] - The company's wool fabric production increased by 4.3% year-on-year in the first 11 months of 2022[141] - The main export destinations for wool products are the US (23%), EU (20%), ASEAN (14%), and Japan (7%), with Hong Kong's share declining to 2%[143] - Exports to ASEAN grew 9.9% YoY from Jan-Nov 2022, contributing to a 2.8% overall increase in exports to Belt and Road regions[143] - China's wool top exports to ASEAN reached 3,418 tons in Jan-Nov 2022, up 43% YoY, accounting for 9% of total exports, a 6 percentage point increase from 2018[144] - US wool product imports totaled $4.1 billion in Jan-Nov 2022, up 30.5% YoY, while Japan's imports reached $1.3 billion, up 14.8% YoY[146] - China maintained strong market share in key regions: 29% in US, 40% in Japan, and 38% in EU (Jan-Sep 2022) for wool product imports[147] - The company's overseas revenue grew 31.99% YoY in 2022, while domestic revenue increased 7.36%[151] - The company has a global presence with production bases in China, UK, and sales offices in over 20 countries and regions[151] Financial Assets and Liabilities - The company's financial assets measured at fair value through profit or loss increased to 155,002,791.09 at the end of the period, up from 101,282,510.27 at the beginning of the period[130] - The company's net value financial products increased to 50,484,383.56 at the end of the period, up from 50,015,250.00 at the beginning of the period[130] - The company's transferable time deposits increased to 104,518,407.53 at the end of the period, up from 51,267,260.27 at the beginning of the period[130] - The fair value of trading financial assets is RMB 155,002,791.09, including RMB 50,484,383.56 in net-value wealth management products and RMB 104,518,407.53 in transferable time deposits[157][158] - The fair value of financial liabilities is RMB 3,992,728.23, all of which are derivative financial liabilities[158] Shareholding and Ownership - The company's total number of ordinary shareholders at the end of the reporting period was 14,288[182] - The number of ordinary shareholders at the end of the previous month before the annual report disclosure was 12,270[182] - Zhejiang Xin'ao Industrial Co., Ltd. holds 159,120,000 shares, accounting for 31.09% of the total shares[184] - Shen Jianhua holds 74,194,705 shares, representing 14.50% of the total shares[184] - Wu Li holds 15,011,000 shares, accounting for 2.93% of the total shares[184] - Jia Weiping holds 8,993,081 shares, representing 1.76% of the total shares[184] - Xia Kunsong holds 8,620,369 shares, accounting for 1.68% of the total shares[184] - Tang Mei holds 7,100,057 shares, representing 1.39% of the total shares[184] - Chen Qingte holds 6,641,264 shares, accounting for 1.30% of the total shares[184] - Changchun Jiasin Equity Investment Fund Management Co., Ltd. holds 5,920,047 shares, representing 1.16% of the total shares[184] - Zhang Lingting holds 5,682,300 shares, accounting for 1.11% of the total shares[185] - Chen Dehai holds 5,000,000 shares, representing 0.98% of the total shares[185] Government Subsidies and Financial Support - Deferred income from government subsidies totaled RMB 13,549,413.98, with RMB 2,167,942.00 amortized in the current period, leaving a balance of RMB 11,381,471.98[196] - Government subsidies related to high-quality development, industrial support, and job stabilization amounted to RMB 4,699,031.75, all recorded as other income[198] - Total government subsidies recognized in the current period amounted to RMB 19,565,508.13, including RMB 12,397,566.13 from various innovation and industrial support programs[199] - A one-time financial subsidy of RMB 5,000,000.00 was received for ethnic trade and product loans, fully recognized as financial expenses in the current period[199] Risk Management and Financial Strategy - The company faces market risks, including interest rate risk and foreign exchange risk, with strategies in place to manage these risks[155] - The company has floating-rate bank loans of RMB 150,000,000.00 as of December 31, 2022, with no significant impact on profit or equity from a 50 basis point interest rate change[155] - The company's total guarantee amount (including guarantees for subsidiaries) was 783,822,581.45 yuan, accounting for 25.86% of the company's net assets[172] - The company engaged in fixed-income, non-principal-guaranteed floating income financial management with a total amount of 130,000,000.00 yuan, of which 50,000,000.00 yuan remained outstanding[175] - A specific entrusted wealth management product had an actual investment amount of RMB 50,000,000 with an expected return rate of

2023 年第一季度报告 浙江新澳纺织股份有限公司 2023 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、准确性和完整性承担法律责任。 重要内容提示 证券代码：603889 证券简称：新澳股份 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 | 977,655,408.39 | 9.44 | | 归属于上市公司股东的净利润 | 90,114,766.30 | 21.23 | | 归属于上市公司股东的扣除非经常 | | | | 性损益的净利润 | 87,851,085.23 | 20.62 | | 经营活动产生的现金流量净额 | -268,851,991.05 | -250.05 | 1 / 13 2023 年第一季度报告 | 基本每股收益(元/股) | | 0. 18 | 20. 00 | | --- | --- | --- | --- | | 稀释每股收益(元/股) | ...

Group 1: Company Overview - The main business of the company includes the research, production, and sales of wool yarn and cashmere yarn products [1] - Key products include fine and ultra-fine merino wool yarns, cashmere yarns, and various knitted products such as sweaters and T-shirts [1] Group 2: Development Plans - During the "14th Five-Year Plan" period, the company aims to enhance its international industrial layout and diversify its product offerings [1] - The company plans to expand into coarse yarn, fancy yarn, and semi-fine yarn sectors, while also exploring high-value textile applications [1] Group 3: Sustainability and Social Responsibility - The company is committed to sustainable development and aims to contribute to social welfare while achieving high-quality growth [2] - The focus is on creating more value for shareholders and society through continuous development and innovation [2]

Report Overview [Important Notices](index=1&type=section&id=Important%20Notices) This is the Q3 2022 report for Zhejiang Xinao Textiles Inc, whose content is guaranteed by its boards and management to be true, accurate, and complete, and is unaudited - The Board of Directors, Supervisory Committee, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report's content[2](index=2&type=chunk) - The company's legal representative, chief accountant, and head of the accounting department guarantee the truthfulness, accuracy, and completeness of the financial information in the quarterly report[3](index=3&type=chunk) - The quarterly financial statements are unaudited[4](index=4&type=chunk) I. Key Financial Data [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) The company achieved steady performance growth in the first three quarters of 2022, with revenue and net profit attributable to parent up 15.51% and 31.85% YoY respectively Key Accounting Data and Financial Indicators (YTD Q3 vs Prior Year YTD) | Indicator | YTD Q3 | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 3,124,961,358.17 CNY | 15.51% | | Net Profit Attributable to Shareholders | 337,772,402.68 CNY | 31.85% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 297,002,683.90 CNY | 20.87% | | Basic Earnings Per Share (CNY/Share) | 0.66 | 32.00% | | Weighted Average Return on Equity (%) | 12.00% | Increase of 2.18 percentage points | Key Accounting Data and Financial Indicators (Q3 vs Prior Year Q3) | Indicator | Q3 | YoY Change (%) | | :--- | :--- | :--- | | Operating Revenue | 1,005,489,096.48 CNY | 6.34% | | Net Profit Attributable to Shareholders | 95,396,007.45 CNY | 14.17% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 93,572,090.72 CNY | 16.62% | | Basic Earnings Per Share (CNY/Share) | 0.19 | 18.75% | [Non-recurring Profit and Loss Items and Amounts](index=2&type=section&id=Non-recurring%20Profit%20and%20Loss%20Items%20and%20Amounts) For the first three quarters of 2022, total non-recurring profit and loss was CNY 40.77 million, mainly from gains on disposal of non-current assets and government grants Non-recurring Profit and Loss Items (YTD Q3) | Item | YTD Amount (CNY) | | :--- | :--- | | Gain/Loss on Disposal of Non-current Assets | 35,209,503.03 | | Government Grants Recognized in Current Profit or Loss | 12,298,958.50 | | Other Non-operating Income/Expenses and Investment Gains/Losses | 2,256,585.97 | | Less: Impact of Income Tax and Minority Interests | -8,995,328.72 | | **Total** | **40,769,718.78** | [Analysis of Major Financial Indicator Changes](index=4&type=section&id=Analysis%20of%20Major%20Financial%20Indicator%20Changes) Significant changes in key financial indicators were driven by revenue growth, foreign exchange gains, asset disposal proceeds, and increased business volume - **Net profit attributable to parent company shareholders (YTD Q3) increased by 31.85% YoY**, primarily due to revenue growth in the current period[10](index=10&type=chunk) - **Financial expenses (YTD Q3) decreased by 72.84% YoY**, mainly due to increased foreign exchange gains from the appreciation of the US dollar[10](index=10&type=chunk) - **Gain on disposal of assets (YTD Q3) surged by 49,360.05% YoY**, primarily from compensation for the expropriation of state-owned land and buildings[10](index=10&type=chunk) - **Accounts receivable increased by 85.82%** from the prior year-end, driven by higher business volume and outstanding payments at the period end[10](index=10&type=chunk) - **Other receivables surged by 1,373.95%** from the prior year-end, mainly due to receivables from land and building expropriation compensation[11](index=11&type=chunk) II. Shareholder Information [Shareholder Holdings](index=5&type=section&id=Shareholder%20Holdings) As of the reporting period end, the company had 15,588 common shareholders, with a concentrated ownership structure where the top two shareholders hold over 45% - The total number of common shareholders was **15,588** at the end of the reporting period[13](index=13&type=chunk) Top Two Shareholders' Holdings | Shareholder Name | Shares Held | Ownership (%) | | :--- | :--- | :--- | | Zhejiang Xinao Industrial Co., Ltd. | 159,120,000 | 31.09 | | Shen Jianhua | 74,194,705 | 14.50 | - Shareholder Shen Jianhua is the controlling shareholder and chairman of Zhejiang Xinao Industrial Co., Ltd, forming a concert party relationship[14](index=14&type=chunk) III. Other Important Matters [Information Requiring Investor Attention](index=6&type=section&id=Information%20Requiring%20Investor%20Attention) The company has no other significant operational information requiring special investor attention during the reporting period - The company has no other significant information requiring special investor attention during this reporting period[15](index=15&type=chunk) IV. Quarterly Financial Statements [Consolidated Balance Sheet](index=7&type=section&id=Consolidated%20Balance%20Sheet) As of September 30, 2022, total assets grew to CNY 4.54 billion and equity to CNY 2.89 billion, driven by increases in cash, receivables, and new borrowings Key Items from Consolidated Balance Sheet (2022-09-30 vs 2021-12-31) | Item | 2022-09-30 (CNY) | 2021-12-31 (CNY) | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets** | **4,542,233,697.97** | **3,972,757,585.80** | **14.33%** | | Cash and Cash Equivalents | 939,078,406.12 | 641,824,136.59 | 46.31% | | Accounts Receivable | 491,578,591.86 | 264,543,829.59 | 85.82% | | Inventories | 1,579,102,272.77 | 1,497,354,189.79 | 5.46% | | **Total Liabilities** | **1,574,592,852.59** | **1,195,733,848.17** | **31.68%** | | Notes Payable | 188,014,792.41 | 56,550,000.00 | 232.48% | | Long-term Borrowings | 150,459,319.44 | 0.00 | 100.00% | | **Equity Attributable to Parent Company** | **2,893,723,793.82** | **2,717,728,026.53** | **6.48%** | [Consolidated Income Statement](index=9&type=section&id=Consolidated%20Income%20Statement) In the first three quarters of 2022, total revenue reached CNY 3.13 billion and net profit attributable to parent was CNY 338 million, up 15.51% and 31.85% YoY respectively Key Items from Consolidated Income Statement (YTD Q3 2022 vs YTD Q3 2021) | Item | YTD Q3 2022 (CNY) | YTD Q3 2021 (CNY) | YoY Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 3,124,961,358.17 | 2,705,461,267.51 | 15.51% | | Total Operating Costs | 2,751,501,094.30 | 2,397,420,453.51 | 14.77% | | Gain on Disposal of Assets | 35,839,602.26 | 72,461.72 | 49360.05% | | Operating Profit | 403,809,483.23 | 308,100,788.55 | 31.06% | | **Net Profit Attributable to Parent Company** | **337,772,402.68** | **256,172,900.27** | **31.85%** | | **Basic Earnings Per Share (CNY/Share)** | **0.66** | **0.50** | **32.00%** | [Consolidated Cash Flow Statement](index=12&type=section&id=Consolidated%20Cash%20Flow%20Statement) Operating cash flow improved significantly to a net inflow of CNY 258 million in the first three quarters of 2022, boosting the closing cash balance to CNY 921 million Consolidated Cash Flow Statement Summary (YTD Q3 2022 vs YTD Q3 2021) | Item | YTD Q3 2022 (CNY) | YTD Q3 2021 (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 258,367,077.37 | -378,739,160.56 | | Net Cash Flow from Investing Activities | -91,431,773.99 | 21,656,228.48 | | Net Cash Flow from Financing Activities | 113,964,109.19 | 259,455,305.36 | | **Net Increase in Cash and Cash Equivalents** | **279,192,424.37** | **-103,277,759.74** | | **Cash and Cash Equivalents at End of Period** | **921,016,560.96** | **519,325,885.43** |

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 2,119,472,261.69, representing a 20.43% increase compared to CNY 1,759,946,949.38 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was CNY 242,376,395.23, a 40.41% increase from CNY 172,616,895.93 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 203,430,593.18, which is a 22.94% increase compared to CNY 165,477,694.51 in the previous year[19]. - Basic earnings per share for the first half of 2022 were CNY 0.47, a 38.24% increase from CNY 0.34 in the same period last year[20]. - The net profit margin for the first half of 2022 was 11.85%, an increase of 1.45 percentage points year-on-year[54]. - The gross profit margin for the company was 19.03%, a decrease of 1.11 percentage points year-on-year, but improved by 2.16 percentage points quarter-on-quarter[54]. - The company achieved a year-on-year revenue growth of 33.41% in overseas markets and 13.56% in domestic markets during the first half of the year[39]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 4,210,070,465.29, up 5.97% from CNY 3,972,757,585.80 at the end of the previous year[19]. - The net assets attributable to shareholders increased to CNY 2,798,485,085.17, reflecting a 2.97% growth from CNY 2,717,728,026.53 at the end of the last year[19]. - Current assets totaled CNY 2,878,663,680.27, an increase of 9.86% from CNY 2,620,285,200.88 at the start of the period[132]. - Total liabilities increased to CNY 1,343,569,939.88, up from CNY 1,195,733,848.17, reflecting a growth of 12.4%[134]. - Accounts receivable increased by 112.45% year-on-year, reaching approximately ¥562.03 million, due to higher business volume and outstanding payments[66]. Cash Flow - The company reported a net cash flow from operating activities of -CNY 16,897,547.84, an improvement from -CNY 398,511,519.69 in the same period last year[19]. - Cash flow from operating activities showed a net outflow of CNY 16,897,547.84, an improvement from a net outflow of CNY 398,511,519.69 in the first half of 2021[147]. - The total cash inflow from operating activities was CNY 1,907,502,671.16, compared to CNY 1,608,605,584.40 in the previous year, reflecting a growth of 18.54%[147]. - Cash flow from investing activities resulted in a net outflow of CNY 59,991,038.95, worsening from a net outflow of CNY 6,704,368.33 in the same period last year[148]. - The total cash and cash equivalents at the end of the period stood at CNY 512,131,459.66, down from CNY 522,701,689.30 at the end of the first half of 2021[148]. Market and Industry Trends - The textile industry saw a 1.5% year-on-year increase in industrial added value for large enterprises, with total revenue reaching ¥205.68 billion, a 7.1% increase, while total profit decreased by 19.5%[25]. - In the first five months of 2022, China's textile and apparel exports reached $125.1 billion, marking an 11.2% year-on-year growth, with textile exports at $62.9 billion (12.1% growth) and apparel exports at $62.2 billion (10.2% growth)[26]. - The wool textile industry experienced a production increase of 3.6% for wool yarn and 46% for wool fabrics in the first five months of 2022, although the recovery showed signs of slowing down in the second quarter[27]. - The average profit margin in the wool textile industry decreased by 2 percentage points compared to the first quarter of 2022, indicating a tightening market environment[27]. Sustainability and Environmental Initiatives - The company actively participates in industry climate initiatives, promoting sustainable practices in textile production[45]. - The company has implemented a digital transformation strategy, including smart manufacturing and intelligent logistics, enhancing operational efficiency[44]. - The company has been recognized as a national-level green factory and has developed multiple new eco-friendly products, including ERA and ECO[104]. - The company has engaged in poverty alleviation efforts by providing employment opportunities in collaboration with local governments[108]. - The company has implemented effective environmental protection measures and has not faced any administrative penalties for environmental issues during the reporting period[96][100]. Corporate Governance and Management - The company has not disclosed any plans for profit distribution or capital reserve transfer to increase share capital during this reporting period[5]. - There were changes in senior management, including the appointment of a new board secretary and the election of a new employee supervisor[81]. - The company has not received any penalties or corrective actions related to violations of laws or regulations during the reporting period[115]. - The company has committed to ensuring compliance with social security and housing fund regulations for all employees[117]. Future Outlook and Strategic Plans - The company plans to enhance its product offerings and explore new technologies to maintain competitiveness in the evolving textile market[34]. - The company aims to improve its operational efficiency through strategic initiatives and cost management measures[163]. - The future outlook remains cautiously optimistic, with expectations of gradual recovery in market demand and revenue growth[163].

证券代码：603889 证券简称：新澳股份 公告编号： 2022-020 浙江新澳纺织股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 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个别及连带责任。 重要内容提示： 会议召开时间：2022 年 05 月 13 日(星期五)下午 15:00-17:00 会议召开地点：全景网投资者关系互动平台（http://ir.p5w.net） 投资者可于 2022 年 05 月 12 日(星期四)17:00 前将相关问题通过公司邮箱 xinao@xinaotex.com 进行提问。公司将在本次活动中对投资者普遍关注的问题 进行回答。 一、 活动类型 为增强公司信息透明度，加强与广大投资者沟通交流，进一步提升投资者关 系管理水平，公司计划于 2022 年 5 月 13 日下午 15:00-17:00 参加由浙江证监局 指导，浙江上市公司协会和深圳市全景网络有限公司联合举办的 2022 年浙江辖 区上市公司投资者网上集体接待日，就投资者关心的问题进行交流。 二、 活动时间、地点 （一）召 ...

2022 年第一季度报告 证券代码：603889 证券简称：新澳股份 浙江新澳纺织股份有限公司 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 | 893,318,539.66 | | 40.24 | | 归属于上市公司股东的净利润 | 74,336,112.89 | | 47.40 | | 归属于上市公司股东的扣除非经常性 | 72,834,333.75 | | 48.1 ...

Financial Performance - In 2021, the company's operating income reached ¥3,445,495,030.12, representing a 51.57% increase compared to ¥2,273,166,650.16 in 2020[23]. - The net profit attributable to shareholders was ¥298,274,587.90, a significant increase of 96.93% from ¥151,460,739.57 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥284,114,229.23, which is an increase of 182.02% compared to ¥100,741,352.65 in 2020[23]. - The company's total assets increased by 21.49% to ¥3,972,757,585.80 at the end of 2021, up from ¥3,269,904,934.26 at the end of 2020[23]. - The net assets attributable to shareholders rose to ¥2,717,728,026.53, reflecting a 7.45% increase from ¥2,529,264,252.96 in 2020[23]. - Basic earnings per share increased by 93.33% to CNY 0.58 in 2021 from CNY 0.30 in 2020[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses grew by 180% to CNY 0.56 per share in 2021 from CNY 0.20 in 2020[24]. - The weighted average return on equity rose to 11.44% in 2021, an increase of 5.22 percentage points compared to 6.22% in 2020[24]. Cash Flow and Dividends - The company reported a net cash flow from operating activities of -¥120,996,154.73, a significant decrease from ¥301,469,704.13 in 2020[23]. - The company plans to distribute a cash dividend of ¥3.00 per 10 shares, totaling approximately ¥153,523,916.40, which accounts for 51.47% of the net profit for the year[6]. - The cash flow from operating activities turned positive in the fourth quarter of 2021, reaching CNY 257,743,005.83[27]. - The net cash flow from financing activities improved to CNY 180,394,238.49, compared to -CNY 123,059,107.03 in the previous year[83]. Production and Sales - The production of fine wool yarn reached 14,000 tons, a year-on-year increase of 45.59%, while sales reached 13,400 tons, up 35.67% year-on-year[37]. - The company achieved a historical high in production and sales volume, maintaining a high capacity utilization rate for fine wool yarn during the reporting period[47]. - The domestic wool textile market has recovered, with the internal sales proportion exceeding 60%, an increase of 6 percentage points compared to 2020[50]. - The company's revenue from wool textile enterprises increased by 8.7% year-on-year during the first 11 months of the reporting period, with an average profit margin of nearly 4%, up by 2 percentage points[54]. Market Strategy and Expansion - The company plans to continue expanding its market presence and enhancing its product offerings in the coming years[34]. - The company is expanding its product offerings in sustainable yarns, with a focus on biodegradable and recyclable materials, enhancing its competitive edge in the market[46]. - The company has adopted a dual sales strategy, balancing domestic and international sales, and has developed a stable and high-quality customer base[58]. - The company has expanded its market presence by establishing offices in over 20 countries and regions, enhancing its ability to capture market trends[61]. Research and Development - Research and development expenses increased by 32.93% to CNY 95.79 million, reflecting a focus on innovation[66]. - The total R&D expenditure for the year 2021 was CNY 95,794,452.51, accounting for 2.78% of the operating revenue[79]. - The company employed 374 R&D personnel, representing 9.97% of the total workforce[80]. - R&D efforts focused on new technologies and products for wool/cashmere knitting yarn, targeting outdoor sports and sustainable fashion markets[81]. Environmental and Social Responsibility - The company has received approval for a new project to add 6,000 tons of wool and 12,000 tons of functional fiber processing capacity, with environmental impact assessments completed[153]. - The company has maintained a zero-penalty record for environmental violations during the reporting period[158]. - The company has established emergency response plans for environmental incidents and conducts regular training to enhance response capabilities[156]. - The company actively creates job opportunities and adheres to legal and ethical standards, promoting a culture of honesty and social responsibility[173]. Corporate Governance - The company has established a modern corporate governance structure, including a board of directors with 9 members and various specialized committees, to ensure compliance and promote healthy development[108]. - The independent directors actively participated in board meetings, providing valuable insights for improving corporate governance[109]. - The company has implemented a registration management system for insider information to ensure compliance with regulations and protect shareholder interests[110]. - The company has maintained a stable leadership structure with no significant changes in shareholding among directors and senior management[113]. Risk Management - The company faces risks from macroeconomic fluctuations and raw material price volatility, which could impact its production and sales stability[103]. - The company employs a prudent procurement strategy to mitigate raw material price volatility, including timely locking in raw material prices based on sales orders and historical data[105]. - The company continues to monitor market trends and adjust its strategies accordingly to navigate the challenges posed by raw material price volatility and exchange rate fluctuations[105].

2021 年第三季度报告 证券代码：603889 证券简称：新澳股份 浙江新澳纺织股份有限公司 2021 年第三季度报告 本公司董事会及除沈建华以外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、监事会及除沈建华以外董事、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 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 945,514,318.13 | 47.11% | 2,705,46 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,759,946,949.38, representing a 63.45% increase compared to ¥1,076,730,181.24 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥172,616,895.93, an increase of 89.73% from ¥90,977,959.86 in the previous year[18]. - The net profit after deducting non-recurring gains and losses surged by 363.24% to ¥165,477,694.51 from ¥35,721,852.77 year-on-year[18]. - The basic earnings per share increased by 88.89% to ¥0.34 from ¥0.18 in the same period last year[19]. - The weighted average return on net assets improved to 6.64%, up from 3.77% in the previous year, reflecting a 2.87 percentage point increase[19]. - The company's total assets increased by 21.19% to ¥3,962,855,335.48 from ¥3,269,904,934.26 at the end of the previous year[18]. - The net assets attributable to shareholders rose by 2.74% to ¥2,598,622,348.27 compared to ¥2,529,264,252.96 at the end of the previous year[18]. Cash Flow and Financial Position - The company's cash flow from operating activities showed a significant negative net amount of -¥398,511,519.69, worsening from -¥80,725,712.95 in the previous year, indicating cash flow challenges[18]. - Accounts receivable increased to ¥476,398,996.73, representing 12.02% of total assets, up 83.75% from the previous year[58]. - Inventory reached ¥1,415,081,263.06, accounting for 35.71% of total assets, a 65.97% increase year-over-year[59]. - Short-term borrowings rose to ¥644,044,075.11, making up 16.25% of total liabilities, an increase of 167.44% compared to the previous year[60]. - The company's total liabilities increased significantly, reflecting a strategic shift in financing and operational expansion[60]. Industry Trends and Market Conditions - The textile industry has shown signs of recovery, driven by effective control of the domestic pandemic and the widespread vaccination, which has restored consumer confidence[19]. - The textile industry in China showed a strong recovery with a business confidence index of 65.4 in Q2 2021, the highest level since 2012, reflecting an 8.3 percentage point increase from Q1 2021[25]. - Domestic sales of clothing and textiles rose by 33.7% year-on-year in the first half of 2021, with online retail sales of clothing increasing by 24.1%, a 27 percentage point improvement from the previous year[26]. - The production value of the textile industry increased by 9.6% year-on-year in the first half of 2021, with over half of the industry segments achieving growth rates above 10%[26]. - The textile industry is expected to continue its stable recovery, supported by a stable macroeconomic environment and ongoing domestic demand expansion strategies[28]. Production and Sales Performance - The company has seen substantial growth in its main business products, with increased production and sales of fine wool yarn, contributing to reduced costs and improved profitability across the supply chain[19]. - In the first half of 2021, the production of wool yarn reached 84,000 tons, a year-on-year increase of 16.2%, marking the highest growth rate in nearly a decade[29]. - The industry’s operating revenue for 845 large-scale wool textile enterprises reached $68.3 billion, a year-on-year increase of 33.3%, exceeding the average growth rate of the textile industry by 14 percentage points[30]. Environmental Compliance and Sustainability - The company has received multiple ecological and environmental certifications, including RWS, GRS, and GOTS, emphasizing its commitment to sustainable development[38]. - The company has implemented a two-stage A/O process for wastewater treatment, effectively reducing organic matter and nitrogen content, resulting in compliance with discharge standards[80]. - The company has committed to ongoing environmental impact assessments and compliance with environmental protection regulations for new projects[82]. - The company has initiated a carbon footprint project in response to national "dual carbon" goals, becoming one of the first in the wool spinning industry to do so[50]. - The company is focusing on sustainable wool products, utilizing 100% biodegradable and renewable natural fibers, and has launched a series of certified sustainable products[52]. Research and Development - R&D expenses increased by 28.83% to approximately CNY 52.14 million, reflecting the company's commitment to innovation and product development[55]. - The company is focused on technological innovation and has developed an integrated technical system for wool processing, spinning, and quality testing[39]. - The company aims to explore high-value textile applications in home textiles and new materials as market conditions mature, aligning with its sustainable development strategy[46]. Strategic Initiatives and Future Outlook - The company anticipates that the textile industry will face challenges but also opportunities for growth as it adapts to the evolving market landscape[28]. - The company plans to focus on market expansion and new product development to drive future growth[145]. - Future guidance suggests a cautious outlook, with expectations of gradual recovery in the upcoming quarters[145]. - The company is exploring potential mergers and acquisitions to enhance its market position[145]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 12,338[114]. - The largest shareholder, Zhejiang Xin'ao Industrial Co., Ltd., holds 159,120,000 shares, accounting for 31.09% of total shares[116]. - The second-largest shareholder, Shen Jianhua, holds 74,194,705 shares, representing 14.50% of total shares[116].