证证券代码：603980 证券简称：吉华集团 公告编号：2023-050 浙江吉华集团股份有限公司 关于会计政策变更的公告 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。 其他相关规定执行。 一、本次会计政策变更概述 （一）变更原因及变更适用日期 2022 年 11 月 30 日，中华人民共和国财政部发布《企业会计准则解释第 16 号》（财会【2022】31 号，以下简称《解释第 16 号》或本解释），要求企业对于 不是企业合并、交易发生时既不影响会计利润也不影响应纳税所得额（或可抵扣 亏损）、且初始确认的资产和负债导致产生等额应纳税暂时性差异和可抵扣暂时 性差异的单项交易（包括承租人在租赁期开始日初始确认租赁负债并计入使用权 资产的租赁交易，以及因固定资产等存在弃置义务而确认预计负债并计入相关资 产成本的交易等单项交易），不适用豁免初始确认递延所得税负债和递延所得税 资产的规定，企业在交易发生时应当根据《企业会计准则第 18 号——所得税》 等有关规定，分别确认相应的递延所得税负债和递延所得税资产。 公司决定自 202 ...

证券代码：603980 证券简称：吉华集团 公告编号：2023-033 浙江吉华集团股份有限公司 关于参加浙江辖区上市公司 2023 年投资者网上集体接待日活动 暨召开 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个别及连带责任。 为进一步加强与投资者的互动交流，浙江吉华集团股份有限公司（以下简称 "公司"），将参加由浙江证监局、浙江省上市公司协会与深圳市全景网络有限 公司联合举办的"2023 年浙江辖区上市公司投资者集体接待日活动暨召开 2022 年度业绩说明会"（以下简称"本次业绩说明会"），现将相关事项公告如下： 本次业绩说明会将采用网络远程的方式举行，投资者可登录"全景路演"网 站（https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP,参与本次业绩说明会互动交流，活动时间为 2023 年 5 月 12 日（周五） 15:00-17:00。届时公司董事兼总经理吴爱军先生，董事兼董事会秘书殷健先生， 独立董事来兴扬先生，财务总监张颖辉女士将在线就公司 2022 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 411,433,236.90, a decrease of 32.53% compared to the same period last year[5] - The net profit attributable to shareholders was a loss of CNY 17,267,922.39, representing a decline of 726.50% year-over-year[5] - The net profit after deducting non-recurring gains and losses was CNY -34,038,300.04, down 70.19% from the previous year[5] - Basic earnings per share were CNY -0.025, reflecting a decline of 733.33% year-over-year[6] - Net profit for Q1 2023 was a loss of ¥18,428,947.70, compared to a loss of ¥3,324,418.63 in Q1 2022, representing a significant increase in losses[19] - Basic and diluted earnings per share for Q1 2023 were both -¥0.025, compared to -¥0.003 in Q1 2022[20] Cash Flow - The net cash flow from operating activities was CNY -40,959,192.00, a decrease of 91.95% compared to the same period last year[5] - Cash inflow from operating activities in Q1 2023 was ¥278,907,092.01, an increase from ¥193,246,761.65 in Q1 2022[21] - Cash outflow from operating activities in Q1 2023 totaled ¥319,866,284.01, compared to ¥214,584,981.71 in Q1 2022[21] - The net cash flow from operating activities was -$40,959,192, compared to -$21,338,220 in the previous year, indicating a decline in operational cash generation[22] - The total cash inflow from investment activities was $742,732,952, down from $1,301,283,695.74 year-over-year[22] - The net cash flow from investment activities was $232,411,373.63, an increase from $137,678,240.04 in the previous year[22] - Cash inflow from financing activities totaled $110,000,000, with a net cash flow from financing activities of -$43,485,564.93, compared to -$1,486,333.31 last year[22] - The net increase in cash and cash equivalents was $146,357,247.97, compared to $113,343,660.16 in the previous year[22] - The ending balance of cash and cash equivalents was $1,000,438,467.72, up from $659,754,137.28 year-over-year[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,061,075,347.27, down 3.41% from the end of the previous year[6] - Total current assets as of March 31, 2023, amount to ¥3,169,230,178.58, a decrease from ¥3,319,779,957.20 at the end of 2022[15] - Total liabilities decreased to ¥881,575,383.43 from ¥1,041,790,958.40[16] - Total assets as of March 31, 2023, are ¥5,061,075,347.27, down from ¥5,239,719,869.94[15] - The company's retained earnings stand at ¥1,976,577,146.25, slightly down from ¥1,993,845,068.64[16] - The total equity attributable to shareholders is ¥4,156,973,044.56, compared to ¥4,174,240,966.95 at the end of 2022[16] - The total liabilities and equity amounted to ¥5,061,075,347.27 as of Q1 2023, a decrease from ¥5,239,719,869.94 in Q1 2022[17] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,233[11] - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196,000,000 shares, accounting for 28% of total shares[11] Expenses - Accounts receivable increased by 96.38% due to changes in collection policies[8] - Sales expenses rose by 95.88% primarily due to increased sales-related costs[8] - The company reported a 338.64% increase in financial expenses, mainly due to higher bill discounting costs[8] - The company reported a significant increase in research and development expenses, totaling ¥16,676,764.89 in Q1 2023, compared to ¥15,771,862.35 in Q1 2022[18] Inventory and Other Changes - The company reported a significant increase in inventory, which stands at ¥671,304,336.12, compared to ¥676,627,043.09 previously[15] - Accounts receivable rose to ¥379,718,930.21 from ¥193,357,603.07, indicating a significant increase[14] - Cash and cash equivalents increased to ¥1,034,349,602.95 from ¥892,382,714.98 year-over-year[14] - The company did not apply new accounting standards or interpretations for the first quarter of 2023[23]

Financial Performance - The total profit of the parent company for 2022 was CNY 187,708,931.87, with a net profit of CNY 181,675,335.66[6]. - The company's operating revenue for 2022 was approximately ¥1.93 billion, a decrease of 14.29% compared to ¥2.25 billion in 2021[22]. - The net profit attributable to shareholders was a loss of approximately ¥209.68 million, a decline of 253.67% from a profit of ¥136.45 million in 2021[22]. - The basic earnings per share for 2022 was -¥0.30, down 257.89% from ¥0.19 in 2021[23]. - The weighted average return on equity decreased to -4.85% in 2022, down 7.90 percentage points from 3.05% in 2021[23]. - The company's total revenue for the year was 1.558 billion RMB, a decrease of 19.35% compared to the previous year[83]. - The net profit attributable to the parent company was -123 million RMB, an increase of 39.91% year-on-year[83]. - Total operating revenue for 2022 was CNY 1,931,693,894.55, a decrease of 14.3% compared to CNY 2,253,640,681.14 in 2021[193]. - The net profit for 2022 was a loss of CNY 213,859,472.99, compared to a profit of CNY 132,251,917.57 in 2021, indicating a significant decline[194]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.80 per 10 shares, totaling CNY 56,000,000.00, which represents -26.71% of the net profit attributable to shareholders[6]. - The total number of shares for dividend distribution is based on 700,000,000 shares as of the end of 2022[6]. - The company has a cash dividend amount of CNY 56 million, which represents -26.71% of the net profit attributable to ordinary shareholders in the consolidated financial statements[114]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[5]. - The board of directors and supervisory board members have confirmed the authenticity and completeness of the annual report[4]. - The company maintains effective internal financial reporting controls as confirmed by an independent audit report with a standard unqualified opinion[118]. - The company has not faced any penalties from securities regulatory agencies in the past three years[101]. - The company has not reported any significant related party transactions or violations regarding external guarantees[107]. Research and Development - The company has 91 patents and has participated in the formulation of 39 national and industry standards[37]. - The company’s R&D expenses decreased by 16.51% to RMB 90.06 million due to reduced material costs[40]. - The total amount of R&D investment was CNY 91.44 million, representing 4.73% of operating revenue[51]. - The company aims to enhance its core competitiveness through increased investment in R&D and a focus on technological innovation[83]. - The company invested in 17 research projects during the reporting period, with 12 new product development projects and 10 patents granted[68]. Market and Industry Conditions - The dye market is currently facing an oversupply issue, leading to low profitability in the industry[34]. - The company maintains a leading position in the dye industry, with a significant market share in both domestic and international markets[34]. - The company's dye products are primarily used in the textile dyeing and finishing industry, which is significantly influenced by macroeconomic fluctuations and national industrial policy changes[85]. Environmental Compliance - The company has established an environmental protection mechanism and is classified as a key pollutant discharge unit[121]. - The company reported a total wastewater discharge of 1,185,570 tons in 2022, with Hangzhou Jihua Jiangdong Chemical Co., Ltd. contributing 1,033,214 tons[123]. - The company emitted 2.1888 tons of sulfur dioxide, 7.563 tons of nitrogen oxides, and 4.144 tons of particulate matter in 2022, all within the permitted limits[124]. - The company has implemented a self-monitoring plan for environmental compliance in accordance with national regulations[131]. Corporate Governance - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, and protecting the rights of all shareholders[89]. - The board of directors operates independently, with clear responsibilities and a well-defined structure, including specialized committees for strategic, audit, nomination, and compensation matters[89]. - The company has implemented performance evaluation and incentive mechanisms for its directors and senior management, ensuring transparency and compliance with legal standards[90]. Financial Management - The company has a total cash balance of 28,293,495.23, with significant portions restricted for various guarantees, including 1,393,135.23 for options and foreign exchange swaps[59]. - The total amount of guarantees provided by the company, excluding guarantees to subsidiaries, is RMB 96,640,000, which accounts for 2.30% of the company's net assets[148]. - The company has a total of 8 trust financial products with amounts ranging from 2,300 to 8,000 million RMB, with expected returns between 3.20% and 7.50%[153]. Shareholder Information - Total number of common shareholders as of the end of the reporting period is 26,627, an increase from 26,233 at the end of the previous month[160]. - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196,000,000 shares, representing 28.00% of total shares[162]. - The actual controller of the company is Mr. Shao Bojin, who is also the executive director and general manager of Hangzhou Jinhui Electromechanical Equipment Co., Ltd.[164]. Employee and Management Changes - The total number of employees in the parent company and major subsidiaries is 1,522, with 98 in the parent company and 901 in major subsidiaries[111]. - The company appointed a new general manager, Wu Aijun, due to the resignation of Yang Quanming for work-related reasons[100]. - The total pre-tax remuneration for the directors and senior management amounted to 6,389,100 CNY[96].

Financial Performance - The company's operating revenue for Q3 2022 was ¥410,940,411.30, a decrease of 24.94% compared to the same period last year[5]. - The net profit attributable to shareholders was -¥27,609,716.84, representing a decline of 377.74% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥50,116,447.09, a decrease of 240.01% compared to the previous year[5]. - Total revenue for the first three quarters of 2022 was CNY 1,554,151,554.87, a decrease from CNY 1,708,862,981.72 in the same period of 2021, representing a decline of approximately 9%[20]. - The net profit for the third quarter of 2022 was a loss of CNY 40,633,851.64, compared to a profit of CNY 149,067,562.71 in the same quarter of 2021, marking a significant decline[22]. - The operating profit for the third quarter of 2022 was a loss of CNY 37,637,422.24, contrasting with a profit of CNY 195,792,370.13 in the previous year[21]. - The total comprehensive income for Q3 2022 was -40,633,851.64 RMB, compared to 149,067,562.71 RMB in Q3 2021, indicating a significant decline[23]. - The basic and diluted earnings per share for Q3 2022 were both -0.06 RMB, down from 0.21 RMB in Q3 2021[23]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,537,849,715.19, an increase of 2.53% from the end of the previous year[6]. - The total assets as of the end of the third quarter of 2022 amounted to CNY 5,537,849,715.19, compared to CNY 5,401,098,288.92 at the end of the previous year, reflecting a slight increase[18]. - Current liabilities increased to CNY 1,086,206,233.14 in the third quarter of 2022, up from CNY 805,602,790.87 in the same period of 2021, representing an increase of approximately 35%[18]. - Non-current liabilities totaled CNY 80,144,513.01, compared to CNY 77,516,277.37 in the previous year, showing a modest increase[18]. Cash Flow - Cash flow from operating activities for the year-to-date was -¥20,248,080.96, an increase of 39.95% compared to the previous year[5]. - Cash inflows from operating activities for the first three quarters of 2022 were 656,773,611.20 RMB, a decrease of 2.0% from 670,445,983.66 RMB in the same period of 2021[24]. - The net cash flow from operating activities for Q3 2022 was -20,248,080.96 RMB, an improvement from -33,718,493.02 RMB in Q3 2021[25]. - The cash and cash equivalents at the end of Q3 2022 were 725,876,535.90 RMB, significantly higher than 357,063,127.79 RMB at the end of Q3 2021[25]. - The company reported a total tax payment of 120,197,619.68 RMB in Q3 2022, an increase from 93,471,694.98 RMB in Q3 2021[25]. Investments and Expenses - The company reported a significant increase in short-term borrowings by 160.53%, primarily to meet operational funding needs[10]. - The investment property increased by 361.47% due to the completion of the first phase of the innovation industrial park project[10]. - The company experienced a 243.00% increase in accounts payable, mainly due to an increase in bank acceptance bills issued for payment[10]. - The company’s financial expenses increased by 316.52 million RMB, primarily due to increased exchange rate losses during the period[11]. - The company’s investment income decreased by 63.08 million RMB, reflecting significant profits from the sale of trading financial assets in the previous period[11]. - Research and development expenses for the third quarter of 2022 were CNY 71,485,219.35, down from CNY 77,698,350.25 in the same quarter of 2021, indicating a reduction in investment in innovation[21]. Inventory and Asset Management - The company’s inventory as of September 30, 2022, was valued at 591.01 million RMB, down from 702.80 million RMB at the end of 2021, indicating improved inventory management[16]. - The company’s long-term equity investments increased to 106.54 million RMB from 87.83 million RMB, reflecting strategic investment decisions[16]. - The company experienced a 1,018.56 million RMB impairment loss on assets, driven by weak market demand and declining sales prices, leading to increased inventory write-down provisions[11]. - The operating cash flow generated was 39.95 million RMB, resulting from a decrease in the prices of major raw materials and reduced purchasing expenditures[11].

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.14 billion, a decrease of 1.57% compared to ¥1.16 billion in the same period last year[17]. - The net profit attributable to shareholders was a loss of approximately ¥14 million, a decline of 110.04% from a profit of ¥139 million in the previous year[17]. - The basic earnings per share for the first half of 2022 was -¥0.020, a decrease of 110.05% compared to ¥0.199 in the same period last year[18]. - The weighted average return on net assets was -0.317%, a decrease of 3.48 percentage points from 3.159% in the previous year[18]. - The company reported a total comprehensive income for the first half of 2022 was -¥12,335,295.70, compared to ¥139,193,715.90 in the first half of 2021[90]. - The company's net profit for the first half of 2022 was CNY 139.2 million, reflecting a decrease from the previous year[104]. Cash Flow and Liquidity - The net cash flow from operating activities was a negative ¥40 million, an improvement of 30.54% compared to a negative ¥57 million in the same period last year[17]. - Cash and cash equivalents at the end of the period amounted to ¥729,628,360.79, representing 12.58% of total assets, an increase of 27.07% compared to the previous year[31]. - The company reported a net increase in cash and cash equivalents of 142,095,603.67 RMB, contrasting with a decrease of -184,629,186.01 RMB in the same period last year[97]. - Cash inflow from operating activities totaled 466,896,400.58 RMB, down from 537,496,674.52 RMB year-over-year[96]. Assets and Liabilities - The total assets increased by 7.41% to approximately ¥5.80 billion from ¥5.40 billion at the end of the previous year[17]. - The total liabilities amounted to CNY 1,403,906,640.04, up from CNY 883,119,068.24, reflecting a 58.9% increase[82]. - The company's equity attributable to shareholders decreased to CNY 4,369,076,645.75 from CNY 4,488,095,691.98, a decline of 2.7%[82]. - Current liabilities rose significantly to CNY 1,319,835,585.03, compared to CNY 805,602,790.87 at the start of the year, indicating a 63.9% increase[82]. Research and Development - Research and development expenses rose by 8.85% to CNY 50.09 million, indicating a commitment to innovation[29]. - The company allocated ¥105 million for profit distribution to shareholders during the reporting period[103]. - The company has 108 patents and has participated in the formulation of 35 national and industry standards, showcasing its strong R&D capabilities[25]. Environmental Responsibility - The company has invested in advanced environmental protection facilities to comply with national regulations, indicating a commitment to sustainability[37]. - The company reported a total wastewater discharge of 650,000 tons in the first half of 2022, with 555,900 tons from Hangzhou Jihua Jiangdong Chemical Co., and a COD discharge of 33.35 tons[46]. - The company has constructed 2 sets of 5,000 tons/day wastewater treatment facilities and 7 sets of 1,000 tons/day high-concentration acidic wastewater treatment facilities[49]. - The company has committed to environmental responsibility and pollution prevention measures, although specific details were not disclosed in the report[59]. Market and Competition - The company operates in a challenging market environment with high raw material prices and increased competition from Southeast Asia[27]. - The company has set up multiple sales outlets across major textile regions in China to enhance customer communication and market reach[24]. - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[88]. Corporate Governance - The company appointed a new general manager, Wu Aijun, while the previous general manager and deputy general manager resigned[42]. - There were no significant risks that materially affected the company's operations during the reporting period[4]. - The company has no significant litigation or arbitration matters during the reporting period[62]. Financial Reporting and Compliance - The company operates under the Chinese accounting standards, ensuring compliance and transparency in its financial reporting[116]. - The financial statements are prepared based on the assumption of going concern, indicating no significant doubts about the company's ability to continue operations[114]. - The company has established policies for recognizing and measuring employee benefits, including retirement and termination benefits[161].

证券代码：603980 证券简称：吉华集团 公告编号：2022-029 浙江吉华集团股份有限公司 关于参加 2022 年浙江辖区上市公司投资者网上集体接 待日活动暨召开 2021 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个别及连带责任。 重要内容提示： ● 会议召开时间：2022 年 5 月 13 日（星期五）下午 15:00-17:00 ● 会议召开方式：网络在线互动 ● 会议召开地点：全景网（http://rs.p5w.net） 一、说明会类型 浙江吉华集团股份有限公司（以下简称"公司"）已于 2022 年 4 月 27 日发 布公司 2021 年年度报告，为进一步加强与投资者的沟通交流、便于广大投资者 更全面深入地了解公司 2021 年经营成果、财务状况，公司将于 2022 年 5 月 13 日下午 15:00-17:00，参加由中国证券监督管理委员会浙江监管局指导，浙江上 市公司协会和深圳市全景网络有限公司共同举办的 2022 年浙江辖区上市公司投 资者网上集体接待日活动暨召开 2021 年度业绩说明 ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥609,772,263.66, representing a decrease of 9.27% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥2,089,287.58, a decline of 101.83% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥20,000,353.40, down 162.45% from the previous year[5]. - In Q1 2022, the company reported a net profit of -3,324,418.63 RMB, a significant decrease compared to a net profit of 113,557,044.63 RMB in Q1 2021, representing a decline of approximately 102.9%[22]. - The total operating revenue for Q1 2022 was 193,246,761.65 RMB, down from 528,469,880.85 RMB in Q1 2021, indicating a decrease of about 63.5%[25]. - The company reported a net profit margin decline due to increased operating costs, impacting overall profitability[20]. - The basic and diluted earnings per share for Q1 2022 were both -0.0030 RMB, compared to 0.16 RMB in Q1 2021, marking a decline of 101.9%[22]. - The total comprehensive income for Q1 2022 was -3,324,418.63 RMB, compared to 113,557,044.63 RMB in Q1 2021, a decrease of approximately 102.9%[22]. Cash Flow and Assets - The net cash flow from operating activities was -¥21,338,220.06, an increase of 59.45% compared to the same period last year[5]. - The company's operating cash flow for Q1 2022 was -21,338,220.06 RMB, compared to -52,626,638.35 RMB in Q1 2021, showing an improvement of approximately 59.5%[25]. - Investment activities generated a net cash flow of 137,678,240.04 RMB in Q1 2022, slightly down from 140,952,310.90 RMB in Q1 2021, a decrease of about 2.0%[25]. - The company's cash and cash equivalents were CNY 677,954,137.28 as of March 31, 2022, up from CNY 574,210,477.12 at the end of 2021, reflecting a growth of 17.9%[16]. - The company’s cash and cash equivalents at the end of Q1 2022 stood at 659,754,137.28 RMB, compared to 736,104,154.64 RMB at the end of Q1 2021, reflecting a decrease of approximately 10.4%[26]. - Current assets totaled CNY 3,735,028,775.11 as of March 31, 2022, compared to CNY 3,582,652,934.53 at the end of 2021, indicating an increase of 4.25%[16]. - Total assets at the end of the reporting period were ¥5,563,350,204.63, an increase of 3.00% from the end of the previous year[6]. - Total assets reached CNY 5,563,350,204.63 as of March 31, 2022, up from CNY 5,401,098,288.92 at the end of 2021, marking a growth of 3%[18]. - Total liabilities amounted to CNY 1,048,695,402.58 as of March 31, 2022, compared to CNY 883,119,068.24 at the end of 2021, an increase of 18.8%[18]. Operating Costs and Expenses - Total operating costs increased to CNY 618,845,262.44 in Q1 2022, up from CNY 596,465,092.24 in Q1 2021, representing an increase of 3.3%[20]. - Operating costs included CNY 553,376,157.63 in cost of goods sold for Q1 2022, compared to CNY 516,497,502.74 in Q1 2021, reflecting a rise of 7.13%[20]. - The company reported a significant increase in financial expenses by 114.58%, attributed to a decrease in investment income[10]. - Research and development expenses for Q1 2022 were 15,771,862.35 RMB, down from 19,146,792.67 RMB in Q1 2021, a reduction of about 17.8%[24]. - The company incurred financial expenses of 974,285.07 RMB in Q1 2022, contrasting with a financial income of -6,682,046.62 RMB in Q1 2021, indicating a shift in financial performance[24]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 28,741[12]. - Accounts receivable increased by 73.74%, primarily due to changes in collection policies[9]. - Contract liabilities rose by 67.42%, mainly due to an increase in advance payments received[9]. - Inventory stood at CNY 701,571,206.12 as of March 31, 2022, slightly down from CNY 702,800,056.40 at the end of 2021[16]. Future Outlook - Future outlook includes potential strategies for market expansion and new product development to enhance revenue streams[20].

Financial Performance - In 2021, the total profit of the parent company reached ¥532,947,185.62, with a net profit of ¥512,513,502.94[5] - The company achieved total operating revenue of RMB 2.25 billion in 2021, a year-on-year increase of 23.00%[30] - The net profit attributable to shareholders was RMB 136.45 million, a decrease of 40.82% compared to the previous year[30] - The basic earnings per share decreased by 42.42% to RMB 0.19 from RMB 0.33 in 2020[24] - The net cash flow from operating activities was negative at RMB -65.74 million, a decline of 153.69% year-on-year[24] - The company reported a weighted average return on equity of 3.05%, down 2.09 percentage points from 2020[25] - The company’s net assets attributable to shareholders increased slightly by 0.48% to RMB 4.49 billion at the end of 2021[24] - The company reported a significant drop in net profit after deducting non-recurring gains and losses, down 82.59% to RMB 7.31 million[24] - The company’s total assets decreased slightly by 0.33% to RMB 5.40 billion at the end of 2021[24] - The total revenue for the company is projected to be 2.85 billion RMB, representing a 26.46% increase compared to the previous year[81] - The total profit is expected to be 145 million RMB, which is a decrease of 22.83% year-over-year[81] - The net profit attributable to the parent company is forecasted at 116 million RMB, reflecting a decline of 12.45% from the previous year[81] Dividend and Profit Distribution - The company proposed a cash dividend of ¥1.50 per 10 shares, totaling ¥105,000,000.00, which represents 76.95% of the net profit attributable to shareholders[5] - The distributable profit for 2021 was ¥1,080,508,496.19, with the remaining undistributed profit carried over to 2022[5] - The company has not proposed a cash profit distribution plan despite having positive distributable profits for shareholders during the reporting period[116] Operational Challenges - The company faced challenges due to the COVID-19 pandemic, impacting logistics and raw material costs, leading to a competitive market environment[30] - The company’s main raw material prices have significantly increased due to rising oil and bulk chemical prices, affecting overall operating costs[71] - The price of key raw materials such as 2.4-dinitro-6-chlorobenzene increased by 32.82%, impacting the company's operating costs and product gross margins[71] - The company faces risks related to raw material price fluctuations, which significantly impact production costs and profitability[82] - Environmental risks are present due to the nature of dye production, necessitating ongoing investment in waste treatment facilities[82] Research and Development - The total R&D expenditure amounted to ¥107,860,312.52, representing 4.79% of total revenue[49] - The company has 105 patents and has participated in the formulation of 38 national and industry standards, enhancing its R&D capabilities[35] - The company plans to enhance its research and development efforts, focusing on technological innovation to improve overall equipment and automation levels in the dye industry[80] - The company is investing 200 million yuan in R&D for new technologies aimed at enhancing product efficiency[100] Governance and Compliance - The company maintains a standard unqualified audit opinion from Tianjian Accounting Firm[4] - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[7] - The company has not violated decision-making procedures for providing guarantees[8] - The company has established a performance evaluation and incentive mechanism for directors, supervisors, and senior management, ensuring transparency in the hiring process[88] - The independent directors and supervisors are elected according to the procedures outlined in the Company Law and Articles of Association, ensuring compliance and independence[88] - The company has achieved "five independences" in its operations, ensuring that major decisions are made independently from the controlling shareholder[88] - The company has not reported any significant differences in governance compared to regulations set by the China Securities Regulatory Commission[89] - The company has not engaged in any significant related party transactions that would affect its independence[90] Environmental Compliance - The company has two standardized wastewater discharge outlets and 41 various exhaust emission outlets, complying with relevant environmental standards[123][124] - The company adheres to the "Comprehensive Discharge Standard for Wastewater" and "Comprehensive Discharge Standard for Air Pollutants" for its wastewater and exhaust emissions, respectively[124][125] - The company has implemented an environmental self-monitoring plan in accordance with national regulations, ensuring quarterly monitoring and public disclosure of results[132] - There were no administrative penalties for environmental issues reported during the period[135] Market and Sales Strategy - The company is focusing on optimizing the production and sales ratio between domestic and international markets to enhance profitability[30] - The company expanded its market presence by acquiring two subsidiaries in the pharmaceutical sector, furthering its "big chemical" strategy[34] - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[96] - Market expansion efforts are underway, targeting new geographical regions to diversify revenue streams and reduce dependency on existing markets[96] Financial Management - The company has a total of six guarantees to Hangzhou Linjiang Environmental Thermal Power Co., Ltd., with amounts ranging from RMB 9,980,000 to RMB 25,380,000[152] - The company has invested RMB 343,250 in bank, trust, and securities financial products, with an outstanding balance of RMB 165,704.26[156] - The company has a total of RMB 5,000,000 in expected returns from various trust products, with annualized rates ranging from 6.10% to 7.80%[157] - The company reported a revenue yield of 4.20% for its financial products, with a total investment of 2,000 million[158] Employee and Workforce - The total number of employees in the parent company and major subsidiaries is 1,650, with 101 in the parent company and 1,549 in subsidiaries[114] - The workforce consists of 1,279 production personnel, 102 sales personnel, 158 technical personnel, 23 financial personnel, and 88 administrative personnel[114] - The educational background of employees includes 20 with master's degrees or above, 120 with bachelor's degrees, 152 with associate degrees, 565 with high school diplomas, and 793 with high school education or below[115]

Financial Performance - The company's operating revenue for Q3 2021 was ¥547,465,947.23, a decrease of 1.59% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥9,940,994.40, down 84.75% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was -¥14,739,712.55, a decline of 158.94% compared to the previous year[5]. - Basic earnings per share were ¥0.01, a decrease of 84.92% from the same period last year[6]. - Total operating revenue for the first three quarters of 2021 reached ¥1,708,862,981.72, a 30.7% increase from ¥1,306,997,498.74 in the same period of 2020[19]. - Net profit for the third quarter of 2021 was ¥149,067,562.71, compared to ¥144,869,807.52 in the same quarter of 2020, showing a growth of 2.5%[20]. - The company reported a total comprehensive income of ¥149,067,562.71 for the third quarter of 2021, compared to ¥144,869,807.52 in the same quarter of 2020, representing a 2.5% increase[21]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,488,896,597.57, an increase of 1.29% from the end of the previous year[6]. - The company's total assets as of September 30, 2021, amounted to 5.49 billion, an increase from 5.42 billion at the end of 2020[15]. - The total current liabilities increased to 876.95 million from 821.43 million in the previous period[16]. - The total liabilities as of the end of the third quarter of 2021 were ¥955,141,683.75, compared to ¥915,421,694.01 at the end of the third quarter of 2020, reflecting a 4.3% increase[20]. - The total equity attributable to shareholders of the parent company was ¥4,500,525,985.92, up from ¥4,466,489,605.84 in the previous year, marking a 0.8% increase[20]. Cash Flow - The net cash flow from operating activities was -127.59 million, primarily due to sales collections being flat compared to last year while payment for goods increased[11]. - The cash flow from investing activities was -183.87 million, mainly due to a gradual decrease in investment in real estate assets influenced by policy changes[11]. - The cash flow from financing activities was -41.03 million, attributed to a decrease in the dividend payout ratio compared to the same period last year[11]. - The total cash and cash equivalents at the end of the period was -59.86 million, reflecting a decrease in net cash flow from operating activities[11]. - The net cash flow from operating activities for the first three quarters of 2021 was -¥33,718,493.02, a significant decrease compared to ¥122,199,183.10 in the same period of 2020[22]. - Cash received from operating activities totaled ¥670,445,983.66 for the first three quarters of 2021, down from ¥721,365,859.89 in 2020, reflecting a decrease of 7.0%[22]. Investment Activities - The company reported a decrease in cash flow from investment activities due to reduced investment in real estate assets, indicating a strategic shift in investment focus[11]. - The net investment income for the first three quarters of 2021 was ¥203,853,063.08, significantly higher than ¥80,977,641.80 in the same period of 2020, indicating a growth of 151.5%[20]. - Investment activities generated a net cash flow of $118,375,207.58, compared to a negative cash flow of $141,135,495.92 in the previous year[23]. - The total cash outflow from investment activities was $2,798,100.00, compared to $4,410,000.00 in the previous year[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,979[12]. - The largest shareholder, Hangzhou Jinhui Electromechanical Equipment Co., Ltd., holds 196 million shares, representing 28.00% of the total shares[12]. Operating Costs and Expenses - Operating income increased by 30.75% year-to-date, attributed to higher product sales volume[10]. - Operating costs rose by 46.32%, driven by increased sales volume and rising raw material prices[10]. - Total operating costs for the first three quarters of 2021 were ¥1,675,495,980.82, up from ¥1,200,910,091.52 in 2020, reflecting a 39.4% increase[19]. - Research and development expenses for the first three quarters of 2021 amounted to ¥77,698,350.25, an increase from ¥60,506,267.78 in 2020, indicating a 28.4% rise[20]. Financial Expenses - Financial expenses decreased by 73.50%, mainly due to reduced investment income and exchange gains[10]. Other Financial Metrics - The company experienced a 99.43% increase in non-operating income, primarily from fines and confiscated income[10]. - Cash outflows for dividend distribution and interest payments were $118,246,561.40, down from $309,852,565.75 in the previous year[23]. - The company did not apply the new leasing standards starting from 2021[23].