华泰联合证券有限责任公司 关于江苏苏博特新材料股份有限公司 募集资金投资项目结项并将结余募集资金永久补充流动资 金的核查意见 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐机构"） 作为江苏苏博特新材料股份有限公司（以下简称"苏博特"或"公司"）保荐机 构，根据《证券发行上市保荐业务管理办法》、《上市公司监管指引第 2 号—— 上市公司募集资金管理和使用的监管要求》、《上海证券交易所上市公司自律监 管指引第 1 号——规范运作》等相关法律、法规和规范性文件的规定，对苏博特 募集资金投资项目结项并将结余募集资金永久补充流动资金进行了审慎核查，具 体情况如下： 一、募集资金及投资项目基本情况 经中国证券监督管理委员会（以下简称"中国证监会"）证监许可[2019]2987 号文核准，公司于 2020 年 3 月 12 日公开发行了 696.80 万张可转换公司债券， 每张面值 100 元，发行总额 69,680.00 万元。经上海证券交易所自律监管决定书 [2020]83 号文同意，公司发行的 69,680.00 万元可转换公司债券于 2020 年 4 月 1 日在上海证券交易所挂牌交易。上述募集资金到 ...

证券代码： 6 0 3 9 1 6 证 券 简 称 ： 苏 博 特 公 告 编 号 ： 2023 - 0 3 9 转债代码：113650 转债简称：博 22 转债 江苏苏博特新材料股份有限公司 2023 年半年度募集资金存放与使用情况的专项报告 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。 根据中国证券监督管理委员会《上市公司监管指引第 2 号——上市公司募 集资金管理和使用的监管要求》（证监会公告[2012]44 号）、上海证券交易所 发布的《上海证券交易所上市公司募集资金管理办法》及相关格式指引规定， 本公司将截至 2023 年 6 月 30 日止募集资金存放与使用情况专项报告如下： 一、 募集资金基本情况 （一）2020 年发行可转换公司债券募集资金 经中国证券监督管理委员会（以下简称"中国证监会"）证监许可[2019]2987 号文核准，公司于 2020 年 3 月 12 日公开发行了 696.80 万张可转换公司债券， 每张面值 100 元，发行总额 69,680.00 万元。经上海证券交易所自律监管决定 书 ...

2023 年第一季度报告 证券代码：603916 证券简称：苏博特 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 | 665,619,985.63 | -7.06 | | 归属于上市公司股东的净利润 | 40,421,563.15 | -49.63 | | 归属于上市公司股东的扣除非经常 | 39,250,300.94 | -47.60 | | 性损益的净利润 | | | | 经营活动产生的现金流量净额 | 121,598,127.98 | 不适用 | 1 / 12 江苏苏博特新材料股份有限公司 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 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 ...

Financial Performance - In 2022, the company's operating revenue decreased by 17.84% compared to 2021, amounting to 3,652,251,821.85 RMB[22]. - The net profit attributable to shareholders decreased by 45.96% to 287,943,641.68 RMB in 2022, down from 532,821,366.89 RMB in 2021[22]. - The basic earnings per share (EPS) fell by 45.67% to 0.69 RMB in 2022, compared to 1.27 RMB in 2021[23]. - The weighted average return on equity (ROE) decreased by 7.36 percentage points to 7.14% in 2022, down from 14.50% in 2021[23]. - The net cash flow from operating activities decreased by 34.77% to 219,123,214.19 RMB in 2022, compared to 335,932,747.06 RMB in 2021[22]. - The total assets increased by 2.34% to 7,746,467,459.58 RMB at the end of 2022, compared to 7,569,647,231.29 RMB at the end of 2021[22]. - The company's operating revenue for the period was ¥3,714,934,100.01, a decrease of 17.84% compared to ¥4,521,844,113.04 in the previous year[46]. - The company's operating costs decreased by 16.59% to ¥2,440,659,546.11 from ¥2,925,933,353.45 in the previous year[46]. - The net cash flow from operating activities was ¥219,123,214.19, down 34.77% from ¥335,932,747.06 in the previous year[47]. Governance and Compliance - The company has received a standard unqualified audit report from Yongtuo Accounting Firm, ensuring the authenticity and completeness of the financial report[4]. - There are no non-operating fund occupations by controlling shareholders or related parties, ensuring financial integrity[7]. - The company has not violated decision-making procedures for external guarantees, maintaining compliance with regulations[7]. - The management has highlighted potential risks in the "Discussion and Analysis of Operating Conditions" section, urging investors to be cautious[7]. - The company has confirmed that all board members attended the board meeting, ensuring collective responsibility for the report[4]. - The company has not faced any issues with more than half of the directors being unable to guarantee the authenticity of the annual report[7]. - The company has established a comprehensive governance structure with specialized committees to oversee key areas of operation[120]. - The company’s board of directors has consistently participated in meetings, with all members attending the required number of meetings[118]. - There were no penalties imposed by securities regulatory authorities on the company in the past three years[116]. Risk Management - The company has established a comprehensive risk statement regarding future plans and development strategies, advising investors to be aware of investment risks[6]. - The company faces market competition risks due to a low industry concentration and increasing supply capacity in the concrete additives market[95]. - There is a technology risk as competitors may surpass the company's core technologies if it fails to keep up with advancements[96]. - Fluctuations in raw material prices, particularly those derived from petroleum, pose a risk to the company's profitability[96]. Research and Development - The company has a total of 769 national authorized patents and 29 international invention patents as of the end of the reporting period, showcasing its strong R&D capabilities[42]. - The company has made significant progress in the development and application of functional materials, with anti-cracking concrete materials officially promoted in tunnel marine sections, addressing critical issues of cracking and durability in harsh environments[34]. - The company achieved significant R&D progress in green low-carbon civil engineering materials, developing new catalytic technology and high-performance water-reducing agents[71]. - The company has established a complete system for R&D, large-scale production, and specialized technical services in the civil engineering materials field[37]. Market Expansion - The company has expanded its overseas business significantly, targeting multiple markets along the "Belt and Road" initiative, which is becoming a new growth point[33]. - The company aims to expand its overseas market presence in Southeast Asia, Central Asia, and Africa, leveraging the Belt and Road Initiative[91]. - The company has established a production base in Jiangmen, Guangdong, to better serve clients in the Greater Bay Area and expand its market presence in South China[86]. - The company plans to focus on the concrete additives sector while enhancing its product system and market layout, aiming to maintain its industry-leading position[90]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 3,072, with 1,159 in production, 636 in sales, and 835 in technical roles[128]. - The company has a strong talent pool with over 300 personnel holding doctoral or master's degrees, including 2 academicians from the Chinese Academy of Engineering[43]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period was 8.9506 million yuan[113]. - The company has established a training plan to enhance the skills of its employees across various levels, ensuring sustainable human resource development[131]. Shareholder Commitments - The controlling shareholder, Jiangsu Bot, committed not to transfer or entrust the management of its shares for 36 months from the date of the stock listing[151]. - The company commits to stabilizing its stock price by repurchasing shares, with the total amount not exceeding 30% of the after-tax salary and cash dividends received from the company in the previous year[7]. - The actual controllers will notify the company 3 trading days in advance before any intended share reduction[154]. - The company will publicly explain any failure to implement the stock price stabilization measures and apologize to shareholders[158]. Corporate Social Responsibility - The company invested 3.4665 million yuan in environmental protection during the reporting period[143]. - The company donated 3 million yuan to the Dazhou Education Fund to support local impoverished students and teachers[147].

证券代码： 6 0 3 9 1 6 证 券 简 称 ： 苏 博 特 公 告 编 号 ： 2 0 2 3 - 0 1 7 转债代码：113650 转债简称：博 22 转债 江苏苏博特新材料股份有限公司 关于召开 2022 年度业绩与利润分配网上说明会的通知 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： 一、说明会类型 江苏苏博特新材料股份有限公司（以下简称"公司"）2022 年年度报告及摘 要已经刊登于上海证券交易所（www.sse.com.cn）及公司指定披露媒体。为使广 大投资者更加全面、 深入地了解公司情况，公司决定召开 2022 年度业绩与利润 分配网上说明会，对公司的经营业绩、发展战略、利润分配等事项进行交流。 二、说明会召开的时间、地点 会议召开时间：2023 年 4 月 21 日上午 10:00-11:00 会议召开地点：上证路演中心（http://roadshow.sseinfo.com） 出席本次业绩与利润分配网上说明会的人员为公司董事长、总经理、董事 会秘书等高级管理人员。 四、投资者 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥965,275,375.49, a decrease of 18.55% compared to the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was ¥71,380,242.79, down 52.72% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥55,521,763.51, a decline of 61.21% compared to the previous year[5] - The basic earnings per share for Q3 2022 was ¥0.17, a decrease of 52.78% year-on-year[6] - The diluted earnings per share for Q3 2022 was ¥0.16, down 55.56% compared to the same period last year[6] - The net profit for Q3 2022 was CNY 282,332,938.90, a decrease of 31.4% compared to CNY 411,946,892.99 in Q3 2021[20] - The operating profit for Q3 2022 was CNY 322,853,935.02, down 32.5% from CNY 477,769,810.61 in Q3 2021[20] - The company reported a total comprehensive income of CNY 274,796,880.03 for Q3 2022, down 34.1% from CNY 417,494,323.86 in Q3 2021[21] - Basic earnings per share for Q3 2022 were CNY 0.56, a decrease from CNY 0.87 in Q3 2021[21] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was -¥55,894,741.27, reflecting a significant decline of 150.48%[6] - The cash flow from operating activities for Q3 2022 showed a net outflow of CNY 55,894,741.27, compared to a net inflow of CNY 110,718,700.37 in Q3 2021[24] - The company's cash and cash equivalents increased to CNY 998,755,287.00 as of September 30, 2022, compared to CNY 841,724,170.27 at the end of 2021, reflecting a growth of approximately 18.6%[14] - The cash and cash equivalents at the end of Q3 2022 were CNY 896,539,780.49, an increase from CNY 519,483,804.89 at the end of Q3 2021[25] - The net cash flow from financing activities for Q3 2022 was CNY 454,822,411.84, compared to CNY 24,145,059.39 in Q3 2021[25] - The company incurred a total operating cash outflow of CNY 2,991,463,102.33 in Q3 2022, compared to CNY 2,645,410,723.77 in Q3 2021[24] Assets and Liabilities - Total assets at the end of Q3 2022 were ¥7,680,479,177.32, an increase of 1.46% from the end of the previous year[6] - The equity attributable to shareholders at the end of Q3 2022 was ¥4,116,787,490.41, up 4.74% from the previous year[6] - The total liabilities decreased to CNY 3,192,256,386.16 from CNY 3,304,118,997.74, indicating a reduction of about 3.4%[16] - The company's total assets reached CNY 7,680,479,177.32, up from CNY 7,569,647,231.29, reflecting an increase of approximately 1.5%[16] - Accounts receivable decreased to CNY 2,507,024,053.29 from CNY 2,767,776,007.74, showing a decline of about 9.4%[14] - Non-current assets totaled CNY 2,720,810,429.15 as of September 30, 2022, an increase from CNY 2,522,449,576.14 at the end of 2021, representing a growth of approximately 7.9%[15] Revenue and Costs - Total revenue for the first three quarters of 2022 was CNY 2,714,528,062.21, a decrease from CNY 3,232,481,646.48 in the same period of 2021, representing a decline of approximately 16%[18] - Total operating costs for the first three quarters of 2022 were CNY 2,430,723,276.84, down from CNY 2,766,104,405.30 in 2021, indicating a reduction of about 12%[18] - The total revenue from operating activities for the first nine months of 2022 was CNY 2,764,532,894.33, an increase of 4.9% from CNY 2,634,889,065.60 in the same period of 2021[23] Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 133,630,636.53, compared to CNY 146,927,100.23 in 2021, indicating a decrease of about 9%[18] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,329[10] - The company's net profit attributable to shareholders increased to CNY 1,714,491,305.22 from CNY 1,630,304,777.52, representing a growth of approximately 5.3%[16]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 1,749,252,686.72, a decrease of 14.56% compared to CNY 2,047,337,461.44 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2022 was CNY 164,117,452.19, down 23.97% from CNY 215,859,643.03 in the previous year[19]. - The net cash flow from operating activities was negative at CNY -156,133,655.98, compared to CNY -131,582,234.94 in the same period last year[19]. - The total assets at the end of the reporting period were CNY 7,132,191,033.38, a decrease of 5.78% from CNY 7,569,647,231.29 at the end of the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 156,342,384.21, a decrease of 23.86% from CNY 205,343,842.35 in the same period last year[19]. - Basic earnings per share for the first half of 2022 were CNY 0.39, down 23.53% from CNY 0.51 in the same period last year[20]. - The weighted average return on net assets decreased to 4.12%, down 1.95 percentage points from 6.07% in the previous year[20]. - The company reported a decrease in the diluted earnings per share to CNY 0.39, a decline of 23.53% compared to the previous year[20]. - The company achieved total revenue of 1.75 billion RMB in the first half of 2022, a decrease of 14.56% year-on-year[30]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was 156 million RMB, down 23.86% year-on-year[30]. Assets and Liabilities - The total liabilities decreased from CNY 3,304,118,997.74 to CNY 2,827,951,215.38, a decline of approximately 14.4%[116]. - Total current assets decreased from CNY 5,047,197,655.15 to CNY 4,534,034,663.55, a decline of approximately 10.1%[114]. - Total assets decreased from CNY 7,569,647,231.29 to CNY 7,132,191,033.38, a decline of about 5.8%[116]. - Total equity increased from CNY 4,265,528,233.55 to CNY 4,304,239,818.00, an increase of approximately 0.9%[116]. - The company's cash and cash equivalents decreased by 40.18% to 503 million RMB, primarily due to payments for the acquisition of the testing center's equity[36]. - Short-term borrowings increased by 48.66% to 1.04 billion RMB, reflecting an increase in bank liquidity loans[36]. Research and Development - The company has over 700 national authorized patents and 29 international invention patents, showcasing its strong R&D capabilities[26]. - The company has established a national key laboratory for high-performance civil engineering materials, which is the only national-level key laboratory in the industry[25]. - The company has a professional R&D team of approximately 200 people and has been recognized as a national technology innovation demonstration enterprise[26]. - Research and development expenses for the first half of 2022 were CNY 87,053,895.15, down 6.5% from CNY 93,218,486.10 in the same period of 2021[122]. Market Position and Strategy - The company has maintained its position as the leading enterprise in the domestic concrete admixture industry, ranking first in the comprehensive top ten evaluations from 2014 to 2022[24]. - The company is actively participating in the international market, indicating a trend towards increased market concentration in the concrete admixture industry[23]. - The company has established nearly 30 blending production bases, enhancing product delivery efficiency and reducing transportation costs[30]. - The company aims to enhance its market expansion strategies and product development initiatives in the upcoming quarters[138]. Environmental Commitment - The company has established an environmental management system and continuously invests in environmental protection facilities to reduce emissions and improve production efficiency[58]. - The company is committed to reducing carbon emissions through technological research and development, supporting clients in optimizing concrete product production and usage[60]. - The company adheres to various environmental laws and regulations, ensuring compliance in daily operations[58]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 13,576[102]. - The largest shareholder, Jiangsu Bote New Materials Co., Ltd., holds 163,200,000 shares, representing 38.83% of the total shares[104]. - The second-largest shareholder, Miao Changwen, holds 21,300,000 shares, representing 5.07% of the total shares[104]. - The company has not reported any significant changes in the controlling shareholder or actual controller during the reporting period[109]. Financial Reporting and Compliance - The financial report for the first half of 2022 was approved on August 26, 2022[157]. - The financial statements comply with the requirements of the accounting standards, reflecting the company's financial position and operating results accurately[161]. - The company has confirmed its ability to continue as a going concern for at least 12 months from the reporting date[160]. Risks and Challenges - The concrete admixture industry in China is experiencing rapid development, with a low market concentration and intense competition, leading to risks of market share erosion and declining profitability[44]. - The company faces technology risks as competitors enhance their processes and core technologies, necessitating continuous innovation to maintain a competitive edge[45]. - Human resource risks are increasing due to the need for more skilled professionals, which could impact the company's sustainable development if not addressed[45]. - Fluctuations in raw material prices, particularly those derived from petroleum, pose a risk to profitability if the company cannot adjust product pricing effectively[45].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 716,167,376.87, representing a decrease of 7.28% compared to the same period last year[5]. - Net profit attributable to shareholders was CNY 80,248,111.48, an increase of 2.79% year-on-year[6]. - Total operating revenue for Q1 2022 was CNY 716,167,376.87, a decrease of 7.3% compared to CNY 772,427,085.44 in Q1 2021[19]. - Net profit for Q1 2022 was CNY 111,156,111.05, slightly down from CNY 113,626,362.64 in Q1 2021[19]. - The company reported a total comprehensive income of ¥91.14 million for Q1 2022, down from ¥94.36 million in Q1 2021, indicating a decrease of approximately 3.5%[20]. - The net profit for Q1 2022 was ¥96.61 million, compared to ¥94.51 million in Q1 2021, showing a slight increase of 2.2%[20]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 175.85%, amounting to -CNY 40,660,486.75, primarily due to increased material payments[6][9]. - The cash flow from operating activities for Q1 2022 was negative at ¥40.66 million, a decline from a positive cash flow of ¥53.61 million in Q1 2021[22]. - Cash and cash equivalents were CNY 793,204,258.18 in Q1 2022, compared to CNY 841,724,170.27 in Q4 2021, a decrease of 5.7%[16]. - Cash and cash equivalents at the end of Q1 2022 were ¥640.62 million, down from ¥896.59 million at the end of Q1 2021, reflecting a decrease of about 28.6%[23]. - The company incurred a total operating cash outflow of ¥1,111.68 million in Q1 2022, compared to ¥838.81 million in Q1 2021, indicating an increase of approximately 32.5%[22]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,315,104,093.14, down 3.36% from the end of the previous year[6]. - Total current assets decreased to CNY 4,788,450,031.82 in Q1 2022 from CNY 5,047,197,655.15 in Q4 2021, a decline of 5.1%[16]. - Total liabilities decreased to CNY 2,964,899,521.14 in Q1 2022 from CNY 3,304,118,997.74 in Q4 2021, a reduction of 10.3%[17]. - Total assets as of March 31, 2022, were CNY 7,315,104,093.14, down from CNY 7,569,647,231.29 at the end of 2021[17]. Shareholder Information - The company had a total of 13,559 common shareholders at the end of the reporting period[11]. - Jiangsu Bot New Materials Co., Ltd. held 38.83% of the shares, making it the largest shareholder[11]. - The basic and diluted earnings per share were both CNY 0.19[6]. - Basic and diluted earnings per share remained stable at ¥0.19 for both Q1 2022 and Q1 2021[21]. Operational Metrics - Total operating costs for Q1 2022 were CNY 645,713,045.96, down 4.4% from CNY 675,458,878.56 in Q1 2021[19]. - Gross profit for Q1 2022 was CNY 70,454,330.91, resulting in a gross margin of approximately 9.83%[19]. - R&D expenses in Q1 2022 amounted to CNY 42,470,120.43, a decrease of 10.1% from CNY 47,387,322.62 in Q1 2021[19]. Other Information - The company reported non-operating income of CNY 5,339,861.37 after tax adjustments[9]. - The company did not disclose any new product developments or market expansion strategies in this report[13]. - The company reported a tax expense of ¥11.58 million in Q1 2022, down from ¥19.04 million in Q1 2021, representing a decrease of about 39.0%[20]. - The company generated cash inflows from investment activities totaling approximately ¥159.67 million in Q1 2022, compared to ¥55.05 million in Q1 2021, marking a significant increase[23]. - The net cash flow from financing activities for Q1 2022 was ¥20.81 million, a decrease from ¥74.19 million in Q1 2021[23]. - Inventory increased to CNY 613,971,005.97 in Q1 2022 from CNY 462,360,567.29 in Q4 2021, reflecting a growth of 32.8%[16].

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 3.6 yuan per 10 shares to all shareholders, based on the total share capital as of the dividend distribution registration date for 2021[5]. - The company plans to issue convertible bonds and has outlined a three-year dividend return plan for 2021-2023[95]. - The company has a clear cash dividend policy that has not been adjusted during the reporting period, ensuring the protection of minority shareholders' rights[128]. - The company distributed a cash dividend of 0.36 RMB per share (before tax) on May 18, 2021, and increased share capital by 0.2 shares for every share held[200]. Financial Performance - The company's operating revenue for 2021 reached ¥4,521,844,113.04, representing a 23.81% increase compared to ¥3,652,251,821.85 in 2020[20]. - Net profit attributable to shareholders was ¥532,821,366.89, a 20.88% increase from ¥440,771,200.76 in the previous year[20]. - The basic earnings per share for 2021 was ¥1.27, up 9.48% from ¥1.16 in 2020[21]. - The total assets of the company increased by 18.04% to ¥7,569,647,231.29 at the end of 2021, compared to ¥6,412,520,376.75 at the end of 2020[20]. - The company achieved significant progress in R&D, with 6 national science and technology progress awards and 2 national technology invention awards[61]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2021, representing a growth of 20% year-over-year[103]. Research and Development - The company has established a complete system for research and development, large-scale production, and specialized technical services in the field of civil engineering materials[31]. - The company has a research and development area of 50,000 square meters, equipped with over 500 advanced analysis and testing instruments, providing strong support for technological innovation[35]. - The company is investing heavily in R&D, with a budget allocation of 200 million for new technology development[103]. - The company is committed to enhancing its R&D capabilities by collaborating with renowned universities and research institutions to improve technological advancements[86]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Yongtuo Accounting Firm, ensuring the authenticity and completeness of the financial report[4]. - The company has established a robust corporate governance framework, ensuring compliance with relevant laws and regulations, and protecting shareholder interests[93]. - The company has implemented an investor relations management system to effectively communicate with shareholders and address their concerns[93]. - The company has not faced any penalties from securities regulatory agencies in the past three years[112]. Market Expansion and Strategy - The company is actively participating in international market competition, with increasing market concentration due to strategic cooperation among large construction companies[30]. - The company aims to expand its market presence in Southeast Asia, Central Asia, and Africa, leveraging the "Belt and Road" initiative[85]. - Market expansion plans include entering three new international markets by the end of 2022[103]. - The company is considering strategic acquisitions to enhance its market position, targeting firms with a combined revenue of 500 million[103]. Operational Efficiency and Cost Management - The cost of goods sold increased by 29.82% to CNY 2.93 billion, resulting in a gross profit margin decrease of 3.83 percentage points in the main business segment[42]. - Operational efficiency improvements are projected to reduce costs by 5%, contributing to overall profitability[104]. - The company has implemented measures to address raw material price fluctuations, impacting operational costs[69]. Employee and Management - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 13.0361 million yuan[110]. - The company employed a total of 2,814 staff, with 844 in the parent company and 1,970 in major subsidiaries[124]. - The company’s employee composition includes 1,041 production personnel, 585 sales personnel, and 808 technical personnel[124]. - The company has established a comprehensive training plan for different employee levels, focusing on both professional skills and overall quality development[126]. Environmental and Social Responsibility - The company has invested in environmental protection measures, enhancing pollution prevention and treatment technology, and has not faced any penalties for environmental violations during the reporting period[137]. - The company is committed to reducing carbon emissions by providing technical support to clients in the construction sector, aligning with the "carbon peak and carbon neutrality" strategy[139]. - The company actively participates in social welfare activities, including helping impoverished families through local government initiatives[141]. Risks and Challenges - The concrete admixture industry in China is experiencing rapid development, with a low market concentration and intense competition, leading to risks of market share erosion and declining profitability[89]. - The company faces technology risks as competitors continuously enhance their processes and core technologies, which may outpace the company's advancements[90]. - There is a significant demand for high-quality management and technical talent due to the company's rapid growth, which may lead to increased human resource costs and potential talent loss if not managed properly[90]. - The prices of raw materials, primarily derived from petroleum, are subject to fluctuations in international oil prices, posing risks to the company's profitability if adjustments are not made[90].

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,185,144,185.04, representing a 16.29% increase compared to the same period last year[6]. - Net profit attributable to shareholders was ¥150,980,915.63, an increase of 11.41% year-on-year[6]. - The net profit after deducting non-recurring gains and losses was ¥143,141,209.28, reflecting a 6.63% increase from the previous year[6]. - Basic earnings per share for the quarter was ¥0.36, down from ¥0.44 in the same quarter last year[6]. - Total operating revenue for the first three quarters of 2021 reached RMB 3,232,481,646.48, an increase from RMB 2,450,644,687.55 in the same period of 2020, representing a growth of approximately 31.9%[22]. - Gross profit for the first three quarters of 2021 was RMB 466,377,241.18, up from RMB 415,853,154.11 in 2020, reflecting a growth of approximately 12.1%[22]. - Total comprehensive income for Q3 2021 was CNY 417,494,323.86, compared to CNY 334,510,512.82 in Q3 2020, showing an increase of approximately 24.8%[24]. - Basic earnings per share for Q3 2021 were CNY 0.87, up from CNY 0.81 in Q3 2020, representing a growth of about 7.4%[24]. Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was ¥110,718,700.37, a significant decrease of 59.94% compared to the same period last year[6]. - The net cash flow from operating activities for the first three quarters of 2021 was CNY 110,718,700.37, down from CNY 276,399,617.46 in the previous year, indicating a decrease of about 60%[27]. - The company reported a net cash outflow from investing activities of CNY 451,606,137.61 for Q3 2021, compared to a net outflow of CNY 221,802,283.07 in the same period last year, indicating a significant increase in investment expenditures[28]. - Cash and cash equivalents at the end of Q3 2021 totaled CNY 519,483,804.89, down from CNY 905,046,255.76 at the end of Q3 2020, reflecting a decrease of approximately 42.6%[28]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,956,503,106.73, an increase of 8.48% from the end of the previous year[7]. - Total liabilities as of September 30, 2021, were RMB 2,901,872,545.32, compared to RMB 2,647,660,888.70 at the end of 2020, indicating an increase of about 9.6%[19]. - The company's total equity as of September 30, 2021, was RMB 4,054,630,561.41, compared to RMB 3,764,859,488.05 at the end of 2020, indicating a growth of approximately 7.7%[20]. - The company's total liabilities increased to CNY 1,698,644,940.61 in Q3 2021, compared to CNY 1,778,944,564.52 in Q3 2020, showing a decrease of approximately 4.5%[28]. - Total current liabilities were approximately CNY 2.49 billion, indicating a decrease of 0.07% from the previous period[32]. Shareholder Information - Shareholders' equity attributable to the parent company was ¥3,738,896,240.91, up 7.96% year-on-year[7]. - The total number of ordinary shareholders at the end of the reporting period was 17,083[13]. Research and Development - Research and development expenses for the first three quarters of 2021 amounted to RMB 146,927,100.23, compared to RMB 109,161,966.29 in 2020, marking an increase of about 34.7%[22]. Inventory and Receivables - Inventory as of September 30, 2021, was RMB 387,947,639.72, up from RMB 315,015,991.95 at the end of 2020, reflecting an increase of about 23%[18]. - Accounts receivable stood at approximately CNY 1.98 billion, consistent with the previous reporting period[30]. Accounting Standards - The company has implemented new leasing standards effective January 1, 2021, impacting financial reporting but not retroactively adjusting prior periods[34]. - The company has opted for simplified treatment for low-value and short-term leases, not recognizing right-of-use assets and lease liabilities[34].