证券代码：605158 证券简称：华达新材 公告编号：2023-023 浙江华达新型材料股份有限公司 浙江华达新型材料股份有限公司（以下简称"公司"）已于 2023 年 8 月 30 日发布公司 2023 年半年度报告，为便于广大投资者更全面深入地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 9 月 8 日上午 10:00-11:00 举 行 2023 年半年度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间和方式 （一）会议召开时间：2023 年 9 月 8 日 上午 10:00-11:00 （二）会议召开地点：上海证券交易所路演中心 （三）会议召开方式：上证路演中心网络互动 关于召开 2023 年半年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥1,687,531,208.39, representing a decrease of 16.53% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥70,956,820.17, an increase of 140.94% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥72,576,023.98, reflecting a growth of 164.95% compared to the previous year[5]. - Basic and diluted earnings per share were both ¥0.14, up 133.33% from the same period last year[5]. - Total revenue for Q1 2023 was ¥1,687,531,208.39, a decrease of 16.5% compared to ¥2,021,835,787.37 in Q1 2022[17]. - Net profit for Q1 2023 reached ¥70,956,820.17, an increase of 141.5% from ¥29,449,438.41 in Q1 2022[19]. - Basic and diluted earnings per share for Q1 2023 were both ¥0.14, compared to ¥0.06 in Q1 2022[20]. Cash Flow - The net cash flow from operating activities was -¥162,539,368.87, a decline of 228.02% year-on-year, primarily due to increased raw material procurement[5][7]. - Cash inflow from operating activities totaled ¥1,898,761,267.36 in Q1 2023, down from ¥2,259,087,878.90 in Q1 2022, a decline of 16.0%[21]. - The net cash flow from operating activities was -162,539,368.87, compared to 126,963,439.11 in the previous year, indicating a significant decline in operational cash generation[22]. - Total cash outflow from operating activities amounted to 2,061,300,636.23, slightly down from 2,132,124,439.79 in the prior year[22]. - Cash inflow from investment activities was 122,117,638.79, down from 353,416,454.84 year-over-year[22]. - The net cash flow from investment activities was -359,924,803.42, compared to -121,569,244.77 in the previous year, reflecting increased investment outflows[22]. - Cash inflow from financing activities was 268,510,000.00, significantly higher than 54,000,000.00 in the previous year, indicating a strong increase in financing[22]. - The net cash flow from financing activities was 213,967,134.59, compared to 29,777,197.22 in the prior year, showing improved financing performance[22]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,475,400,802.64, an increase of 6.43% from the end of the previous year[6]. - Total liabilities as of Q1 2023 amounted to ¥3,238,584,720.71, an increase of 8.7% from ¥2,978,728,620.70 in the previous year[15]. - The total liabilities increased to ¥3,000,000,000.00, up from ¥2,800,000,000.00, reflecting a growth of 7.1%[14]. - Total equity attributable to shareholders reached ¥2,236,816,081.93, up from ¥2,165,859,261.76, reflecting a growth of 3.3%[15]. - Shareholders' equity attributable to the parent company was ¥2,236,816,081.93, up 3.28% from the previous year-end[6]. - Short-term borrowings rose to ¥388,822,841.21 from ¥174,062,700.00, indicating a significant increase of 123.5%[14]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 20,312[9]. - The company reported a total of 10 major shareholders, with the largest being Hangzhou Fuyang Hengjin Investment Partnership holding 8,268,000 shares[10]. Research and Development - Research and development expenses for Q1 2023 were ¥53,668,393.12, a decrease of 16.1% from ¥63,991,024.79 in Q1 2022[17]. Future Outlook - The company is focusing on expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[12]. - The company has not provided specific guidance for future performance in the upcoming quarters[12].

Financial Performance - In 2022, the company achieved a revenue of RMB 8,112,035,678.53, a decrease of 4.63% compared to RMB 8,506,026,617.11 in 2021[23] - The net profit attributable to shareholders was RMB 202,282,554.41, representing a significant increase of 36.78% from RMB 147,889,380.30 in the previous year[23] - The net profit after deducting non-recurring gains and losses was RMB 194,028,785.89, up 41.11% from RMB 137,500,611.66 in 2021[23] - The net cash flow from operating activities surged to RMB 1,372,934,675.85, a remarkable increase of 493.18% compared to RMB 231,451,554.34 in 2021[23] - The weighted average return on equity increased to 9.70% in 2022, up from 7.46% in 2021[25] - The company achieved a net profit of 202 million RMB in 2022, representing a year-on-year increase of 36.78%[31] - The total sales volume reached 1.5839 million tons in 2022, with a year-on-year growth of 7.95%[31] - The company reported an operating income of 8.112 billion RMB for the year 2022[31] - Domestic sales revenue was CNY 5,597,760,527.63, down 8.84% year-on-year, while international sales revenue increased by 11.70% to CNY 2,198,114,200.01[59] Investment and R&D - The company plans to invest in a new production base in Nantong, aiming for an annual output of 2.1 million tons of high-performance metal decorative panels[32] - The company has increased its R&D investment, resulting in the addition of 3 invention patents and 20 utility model patents in 2022[34] - The total R&D expenditure was 274,924,824.83 RMB, accounting for 3.39% of operating revenue[68] - The company completed 12 R&D projects, resulting in 7 new technologies and 5 new products, with 23 national patents obtained[71] - The company emphasizes the importance of R&D, aiming to improve product quality and production efficiency through collaboration with universities and research institutions[102] Market and Sales - The company has successfully expanded its market presence in over 40 countries and regions, including Southeast Asia, South Asia, and Eastern Europe[40] - The company is actively responding to the "Belt and Road" initiative, enhancing its reputation in international markets such as Egypt, India, and Brazil[46] - The company has maintained its position as the leading foreign trade export enterprise in Fuyang District, Hangzhou, with a continuous increase in export volume of color-coated sheets[40] - The company’s products are widely used in construction, automotive, and home appliance industries, with significant demand in various applications[40] - The company is focusing on expanding its market presence in the galvanized steel sector, which has seen a shift towards hot-dip galvanized products[84] Operational Efficiency - The company has established a complete production line for color-coated and galvanized sheets, ensuring a diverse range of products and strong processing capabilities[45] - The company has established long-term partnerships with major steel producers to enhance bargaining power and ensure stable raw material supply[48] - The company has a strong R&D capability, having developed key technologies for stable control of 0.2mm-0.3mm sheet production and holding multiple invention and utility model patents[49] - The company has implemented strict labor, personnel, and compensation management systems, ensuring that senior management does not hold positions in the controlling shareholder's other enterprises, maintaining independence[119] Financial Management - The company plans to enhance its fundraising efficiency by adjusting investment projects based on market conditions and strategic development[146] - The company has a cash dividend policy that ensures a minimum of 10% of distributable profits are paid as dividends annually, with a minimum of 20% of the total distribution being cash dividends[152] - The total cash dividend amount for the year was 61,370,400 RMB, representing 30.34% of the net profit attributable to ordinary shareholders[157] - The company plans to utilize idle self-owned funds to purchase financial products, aiming to improve fund efficiency and reduce financial costs[142] Compliance and Governance - The company has established a complete and independent asset ownership structure, including major production systems, auxiliary production systems, and supporting facilities, ensuring no guarantees are provided for shareholders or other individuals[118] - The company has not faced any penalties from securities regulatory authorities in the past three years, indicating compliance with regulations[136] - The company has a structured approach to governance with a dedicated compensation and assessment committee[135] - The company has committed to a transparent reporting mechanism regarding the fulfillment of public commitments by its major shareholders and executives[198] Environmental Responsibility - The company invested 11.1822 million yuan in environmental protection during the reporting period[161] - The company was recognized as one of the first pilot enterprises for pollution reduction and carbon reduction in Hangzhou[162] - The company maintained a 100% operational rate for all environmental protection facilities[165] - The company reported no environmental pollution incidents or administrative penalties during the reporting period[169] Risks and Challenges - The company recognizes the risk of raw material price fluctuations, as procurement costs for raw materials account for approximately 90% of total costs[107] - The company faces potential risks from changes in downstream industry demand, particularly in the construction sector, which is sensitive to macroeconomic fluctuations[108] - Export sales constitute about 20%-30% of the company's revenue, exposing it to international trade friction risks, including anti-dumping investigations[109] - The company acknowledges the risk of declining performance due to intensified competition and potential market saturation in the future[114]

投资者可于 2023 年 4 月 25 日（星期二）至 5 月 4 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （hdnew@hdnew.cn）进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 浙江华达新型材料股份有限公司（以下简称"公司"）已于 2023 年 4 月 21 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度 经营成果、财务状况，公司计划于 2023 年 5 月 5 日上午 9:00-10:00 举行 2022 年 度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 证券代码：605158 证券简称：华达新材 公告编号：2023-005 浙江华达新型材料股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： （一）投资者可在 2023 年 5 月 5 日（星期五）上午 9:00-10:00，通过互联 网登录上证路演中心（http://roadshow. ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,692,170,585.61, a decrease of 27.37% compared to the same period last year[5]. - The net profit attributable to shareholders for Q3 2022 was ¥18,032,108.39, down 52.12% year-on-year[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,770,451.10, a decline of 76.97% compared to the previous year[5]. - Basic and diluted earnings per share for Q3 2022 were both ¥0.04, representing a decrease of 42.86%[6]. - The decline in net profit was primarily attributed to the impact of the pandemic and high inventory costs from previous periods[10]. - The net profit for Q3 2022 was CNY 183,332,135.88, a decrease of 6.1% compared to CNY 196,060,516.69 in Q3 2021[20]. - Operating profit for Q3 2022 was CNY 215,851,071.73, down from CNY 229,991,323.54 in the same period last year, reflecting a decline of 6.1%[20]. - Total comprehensive income for Q3 2022 was CNY 183,332,135.88, compared to CNY 196,060,516.69 in the same quarter of the previous year[21]. - The company's net profit for the first three quarters of 2022 was RMB 228,275,550.29, compared to RMB 217,000,000.00 in the same period of 2021, reflecting an increase of 5.2%[18]. - Net profit for the first three quarters of 2022 reached CNY 178,512,249.67, compared to CNY 148,693,268.61 in the same period of 2021, indicating an increase of about 19.98%[30]. Assets and Liabilities - Total assets increased by 58.26% to ¥5,098,725,647.13 compared to the end of the previous year[6]. - The total assets of the company reached RMB 5,098,725,647.13, up from RMB 3,221,690,222.97 at the end of 2021, representing an increase of 58.3%[18]. - Total liabilities increased to RMB 2,951,816,803.90 from RMB 1,206,971,515.62, marking a rise of 144.4%[18]. - Total liabilities as of September 30, 2022, were CNY 2,943,795,054.61, compared to CNY 1,199,669,633.06 in the previous year, reflecting an increase of about 145.0%[28]. - The company's total equity as of September 30, 2022, was CNY 2,140,865,286.23, an increase from CNY 2,013,495,036.56 in the previous year, reflecting a growth of approximately 6.3%[28]. Cash Flow - The company reported cash flow from operating activities of ¥1,715,291,530.12 for the year-to-date period[6]. - The net cash flow from operating activities for the first three quarters of 2022 was CNY 1,715,291,530.12, a significant improvement from a negative cash flow of CNY -185,084,703.54 in the previous year[23]. - Cash inflow from operating activities totaled approximately ¥7.03 billion, down from ¥9.23 billion year-over-year, indicating a decrease of about 24.00%[31]. - Cash outflow from operating activities decreased to approximately ¥5.33 billion from ¥9.09 billion, a reduction of about 41.00%[31]. - The company reported a net cash outflow from investing activities of CNY -1,454,724,904.55 for the first three quarters of 2022, compared to CNY -3,920,367.92 in the same period of 2021[24]. - Cash inflow from investing activities totaled approximately ¥917.69 million, down from ¥1.23 billion year-over-year, a decrease of about 25.30%[33]. - Cash outflow from investing activities increased to approximately ¥2.37 billion from ¥1.22 billion, an increase of about 94.40%[33]. - Cash flow from financing activities showed a net outflow of approximately -¥14.07 million, slightly improved from -¥14.71 million in the previous year[33]. - The ending balance of cash and cash equivalents was approximately ¥852.30 million, up from ¥557.19 million year-over-year, an increase of about 53.00%[33]. Shareholder Information - The company had a total of 22,401 common shareholders at the end of the reporting period[12]. Research and Development - Research and development expenses for the first three quarters of 2022 were RMB 204,589,808.61, slightly up from RMB 200,001,760.02 in 2021, indicating a growth of 2.3%[18]. - Research and development expenses for the first three quarters of 2022 totaled CNY 204,589,808.61, a decrease from CNY 286,076,752.76 in the same period of 2021, showing a reduction of about 28.5%[29].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 4,644,128,959.48, representing a 16.20% increase compared to CNY 3,996,810,998.64 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 165,300,027.49, which is a 4.35% increase from CNY 158,402,044.86 in the previous year[19]. - The net cash flow from operating activities was CNY 1,402,958,037.28, a significant recovery from a negative cash flow of CNY -58,508,330.29 in the same period last year[19]. - Basic earnings per share decreased by 19.72% to CNY 0.3232 from CNY 0.4026 in the same period last year[20]. - The weighted average return on net assets increased to 7.88% from 7.75% in the previous year, reflecting a slight improvement in profitability[20]. - Operating costs increased by 18.11% to CNY 4.292 billion, primarily due to higher sales volume[40]. - Research and development expenses rose by 17.96% to CNY 151.5 million, driven by increased trial production efforts[42]. - The company reported a significant increase in sales expenses by 64.33% to CNY 10.9 million, attributed to growth in export sales[41]. Assets and Liabilities - The total assets increased by 56.57% to CNY 5,044,200,587.07 from CNY 3,221,690,222.97 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company rose by 5.67% to CNY 2,128,876,734.84 from CNY 2,014,718,707.35 at the end of the previous year[19]. - Cash and cash equivalents increased by 185.59% to ¥1,658,980,769.17, primarily due to an increase in pledged deposits[43]. - Trading financial assets rose by 97.05% to ¥296,322,820.82, attributed to increased idle fund investments[43]. - Accounts receivable increased by 40.56% to ¥154,777,999.55, mainly due to higher export sales[43]. - Short-term borrowings increased by 122.43% to ¥241,708,536.47, reflecting an increase in bank loans[43]. - Notes payable surged by 184.18% to ¥2,274,700,000.00, driven by an increase in payment settlements[43]. - Contract liabilities rose by 90.88% to ¥129,177,113.04, resulting from increased advance payments due to higher sales[43]. Market Position and Industry Outlook - The company specializes in the research, production, and sales of multi-functional color-coated panels and hot-dip galvanized aluminum panels, with a complete industrial chain and strong industry influence[24]. - The company has maintained its position as the leading exporter in Fuyang District, Hangzhou, with color-coated panel exports ranking among the top in China for several consecutive years[25]. - The company’s products are widely used in construction, automotive, and home appliance industries, with significant demand in various applications[25]. - The Chinese steel industry is expected to see continued growth in demand for steel structures, with the proportion of steel structure buildings projected to increase from 10% to over 25%[29]. - The company’s products align with national policies promoting green building materials and sustainable construction practices, enhancing market opportunities[29]. Research and Development - The company added 11 new utility model patents and 2 new invention patents during the reporting period, reflecting its strong R&D capabilities[38]. - The company is focused on optimizing its product structure towards high value-added and high-performance materials[38]. Environmental and Social Responsibility - The company emphasizes environmental protection, achieving pollutant emissions below permitted levels, with total emissions of sulfur dioxide at 5.53 tons and nitrogen oxides at 49.46 tons for the first half of 2022[57]. - The company has implemented ISO 4001 environmental management system certification and has made investments in improving environmental protection measures[56]. - The company has established a closed-loop water system and promotes energy-saving technologies to enhance resource utilization[56]. - A total of 221,590 RMB was invested in poverty alleviation and pandemic response efforts during the reporting period[64]. - The company actively participates in rural revitalization initiatives, aligning with local government efforts to support underdeveloped villages[64]. Shareholder and Governance Matters - The company has committed to not transferring or managing shares for 36 months post-IPO, with additional conditions for share reduction[69]. - The company has received commitments from major shareholders to avoid engaging in any business that competes with its operations[78]. - The company plans to distribute cash dividends of no less than 10% of the distributable profits for each of the first three years post-IPO[91]. - The largest shareholder, Zhejiang Huada Group Co., Ltd., holds 294,814,000 shares, representing 57.65% of the total shares[104]. - The company maintains a good integrity status, with no major credit issues reported[95]. Financial Reporting and Compliance - The financial statements are prepared based on the principle of continuous operation[150]. - The company adheres to the accounting standards for enterprises, ensuring that the financial statements reflect its financial position and operating results accurately[153]. - The company has not reported any changes in the controlling shareholders or actual controllers during the reporting period[108]. - There are no significant lawsuits or arbitration matters reported during the reporting period[95]. Revenue Recognition and Accounting Policies - Revenue is recognized based on the assessment of contracts, identifying performance obligations that are satisfied over time or at a point in time[197]. - For sales of hot-dip galvanized aluminum plates and color-coated plates, revenue is recognized when products are delivered and accepted by customers, with domestic sales confirmed upon delivery and foreign sales upon customs clearance[199]. - The company measures revenue based on the transaction price allocated to each performance obligation, excluding amounts collected on behalf of third parties[198].

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,021,835,787.37, representing a year-on-year increase of 24.96%[5] - The net profit attributable to shareholders decreased by 38.73% to ¥29,449,438.41 compared to the same period last year[5] - The basic earnings per share (EPS) was ¥0.0576, down 52.86% year-on-year[5] - Total operating revenue for Q1 2022 reached ¥2,021,835,787.37, an increase of 24.9% compared to ¥1,617,958,531.40 in Q1 2021[19] - Total operating costs for Q1 2022 were ¥1,988,742,152.65, up from ¥1,564,798,680.08 in Q1 2021, reflecting a year-over-year increase of 27.1%[19] - In Q1 2022, the company's net profit was CNY 29,449,438.41, a decrease of 38.73% compared to CNY 48,065,045.33 in Q1 2021[20] - The total profit for Q1 2022 was CNY 35,837,562.22, down from CNY 56,688,137.90 in Q1 2021, a decrease of 36.77%[20] Assets and Liabilities - Total assets increased by 18.25% to ¥3,809,491,678.52 from the end of the previous year[6] - Total assets as of March 31, 2022, were ¥3,809,491,678.52, up from ¥3,221,690,222.97 at the end of 2021, indicating a growth of 18.2%[16] - Total liabilities as of March 31, 2022, amounted to ¥1,765,323,532.76, compared to ¥1,206,971,515.62 at the end of 2021, reflecting an increase of 46.1%[17] - Total current liabilities increased to approximately ¥1.74 billion, compared to ¥1.19 billion in the previous year, reflecting a rise of 46.7%[29] Cash Flow - Cash flow from operating activities was reported at ¥126,963,439.11, with no applicable year-on-year comparison[5] - The net cash flow from operating activities was CNY 126,963,439.11, a significant improvement from a net outflow of CNY 169,023,381.98 in the same period last year[24] - The company's cash and cash equivalents increased to approximately ¥863.75 million from ¥578.96 million, marking a growth of 49.2%[27] - The company's cash and cash equivalents increased by ¥32,631,461.49 during the quarter, contrasting with a decrease of ¥63,531,828.48 in the same quarter last year[33] - The ending balance of cash and cash equivalents was ¥589,819,740.14, up from ¥367,190,331.99 at the end of Q1 2021[33] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 23,566[10] - The largest shareholder, Zhejiang Huada Group Co., Ltd., holds 57.65% of the shares, totaling 294,814,000 shares[10] Investment and Growth Plans - The company plans to relocate its investment projects to a new site in Hangzhou, which is currently in the process of obtaining land use permits[12] - The company has completed preliminary market research and feasibility studies for its new projects, indicating proactive steps towards future growth[12] Research and Development - Research and development expenses rose to CNY 63,991,024.79 in Q1 2022, up from CNY 51,833,649.05 in Q1 2021, marking an increase of 23.38%[20] - Research and development expenses for Q1 2022 were approximately ¥63.99 million, up 23.4% from ¥51.83 million in Q1 2021[30] Financial Expenses - The company incurred financial expenses of CNY 409,698.98 in Q1 2022, a significant decrease from CNY 3,709,590.22 in Q1 2021, reflecting a reduction of 89.01%[20] - The company's financial expenses decreased significantly to approximately ¥471.18 million from ¥3.72 million in Q1 2021, a reduction of 87.4%[30]

Financial Performance - The company achieved a total operating revenue of RMB 8,506,026,617.11 in 2021, representing a 39.42% increase compared to RMB 6,100,999,980.93 in 2020[22]. - The net profit attributable to shareholders of the listed company was RMB 147,889,380.30, a decrease of 46.26% from RMB 275,212,693.01 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 137,500,611.66, down 46.96% from RMB 259,256,779.08 in 2020[22]. - The net cash flow from operating activities was RMB 231,451,554.34, a decline of 39.30% compared to RMB 381,335,333.15 in the previous year[22]. - Total assets increased by 25.21% to RMB 3,221,690,222.97 at the end of 2021, up from RMB 2,572,983,379.64 at the end of 2020[23]. - The net assets attributable to shareholders of the listed company rose to RMB 2,014,718,707.35, reflecting a 2.52% increase from RMB 1,965,179,327.05 in 2020[23]. - The company achieved a total sales volume of 1.4673 million tons and a revenue of 8.506 billion RMB, representing a year-on-year growth of 39.42%[33]. - The net profit for the year was 148 million RMB, with a significant decrease in earnings per share, which fell by 54.10% to 0.2892 RMB per share[24]. - The weighted average return on equity decreased to 7.46%, down from 19.80% in the previous year, reflecting a decline of 12.34 percentage points[24]. - The cost of goods sold increased by 44.78% to CNY 7,951,719,972.90, indicating rising production costs[60]. - Revenue increased by 33.5% year-over-year, mainly driven by higher product sales prices[61]. Production and Capacity Expansion - The company produced 669,200 tons of colored coated sheets and 1,441,000 tons of hot-dip aluminum-zinc plates during the reporting period[33]. - The company is expanding its production capacity with a new project to produce 350,000 tons of hot-dip aluminum-zinc plates, which has already entered trial production[34]. - A new project for producing 1.6 million tons of high-performance metal decorative panels is under development, with preliminary market research and feasibility studies completed[34]. - The production volume of hot-dip galvanized aluminum plates was 1,441,013.39 tons, an increase of 3.49% compared to the previous year[63]. Research and Development - Research and development expenses rose by 40.85% to CNY 286,076,752.76, reflecting a commitment to innovation[60]. - The total R&D expenditure for the period was CNY 286,076,752.76, accounting for 3.36% of operating revenue[73]. - The company has 117 R&D personnel, representing 12.59% of the total workforce[74]. - In 2021, the company initiated 15 independent R&D projects, completing 12, resulting in 5 new technologies and 4 new products[75]. - The company added 1 invention patent and 1 utility model patent during the reporting period, with 18 new national patent applications, including 7 invention patents[38]. Market and Sales - The total revenue from foreign exchange reached 34.4 million USD, marking a year-on-year increase of 39.84%[33]. - In 2021, the company achieved significant growth in sales revenue and foreign trade export, maintaining its position as the top exporter in Fuyang District, Hangzhou[36]. - The company actively expanded its domestic sales regions and utilized the "Belt and Road" initiative to develop markets in emerging countries[35]. - The company exports to over 40 countries and regions, with a strong presence in East China and Southeast Asia, South Asia, West Asia, Eastern Europe, and South America[45]. Risk Management and Compliance - The company has acknowledged potential risks in its future development plans, urging investors to be cautious[7]. - The company has maintained compliance with decision-making procedures regarding external guarantees[8]. - The company has established a comprehensive internal control system to ensure effective operation and compliance with regulations, enhancing governance and risk management[125]. - The company has no instances of fund occupation by controlling shareholders or related parties, ensuring financial integrity[129]. Environmental and Social Responsibility - The company was recognized as a "Green Low-Carbon Factory" in Hangzhou in 2021[176]. - The company invested approximately 480,000 yuan in a water reuse project, which is expected to reduce wastewater discharge by 90,000 tons annually[185]. - The company achieved a 100% operational rate for all environmental protection facilities, with online monitoring systems installed at wastewater and VOCs emission points[179]. - The company reported that its pollutant emissions were below the permitted limits, with no environmental pollution incidents occurring during the reporting period[176]. - The company donated a total of 294,200 CNY to 21 families in difficulty and 300,000 CNY to the Fuchun Education Fund in Hangzhou during the reporting period[189]. - The company was awarded the title of "Hangzhou Employment Poverty Alleviation Caring Enterprise" for its contributions to social responsibility in 2021[188]. Governance and Management - The management team consists of experienced professionals with diverse backgrounds in various industries, enhancing the company's strategic capabilities[137]. - The company has maintained a stable leadership structure with no significant changes in the board of directors during the reporting period[138]. - The company held its third extraordinary general meeting on October 15, 2021, approving the election of a new board of directors and supervisory board[139]. - The company has established a clear organizational structure with independent operational entities, ensuring effective governance and decision-making processes[130]. - The company has established specialized committees under the board, including an audit committee and a strategic investment committee[153]. Shareholder and Equity Management - The total number of shares held by Chairman Shao Mingxiang increased from 15,490,000 to 20,137,000, a change of 4,647,000 shares due to equity distribution[135]. - The total pre-tax remuneration for Shao Mingxiang was 1.9198 million yuan, while Shao Mingxia, the General Manager, received 1.6798 million yuan[135]. - The company has a cash dividend policy that ensures a minimum of 10% of the distributable profit is paid out as cash dividends annually for the first three years post-IPO[167]. - The company plans to maintain a minimum of 20% cash distribution in any combined cash and stock dividend distribution[168]. Future Outlook - The company recognizes the need to adapt to rapid changes in market demand due to advancements in new material technologies to maintain its competitive position[115]. - Future guidance suggests a positive outlook for revenue growth driven by increased demand for innovative materials[141].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 2,329,733,936.57, representing a year-on-year increase of 39.79%[5] - The net profit attributable to shareholders for Q3 2021 was CNY 37,658,471.83, a decrease of 63.14% compared to the same period last year[5] - The basic earnings per share for Q3 2021 was CNY 0.07, down 66.67% year-on-year due to increased share capital dilution[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was CNY 33,746,473.73, a decline of 64.00% year-on-year[5] - Total operating revenue for the first three quarters of 2021 reached ¥6,326,544,935.21, a significant increase of 43.9% compared to ¥4,397,246,812.66 in the same period of 2020[20] - Net profit for the first three quarters of 2021 was ¥196,060,516.69, a decrease of 3.2% from ¥202,513,595.10 in the same period of 2020[22] - Basic and diluted earnings per share for the first three quarters of 2021 were both ¥0.38, down from ¥0.47 in the previous year[23] - The company reported a total profit of ¥229,197,245.05 for the first three quarters of 2021, compared to ¥236,328,639.40 in the same period of 2020[22] - The company’s total operating profit for the first three quarters of 2021 was ¥229,991,323.54, slightly down from ¥236,197,879.72 in the previous year[22] Assets and Liabilities - Total assets at the end of Q3 2021 reached CNY 3,408,794,496.44, reflecting a 32.48% increase from the end of the previous year[6] - The company's total assets as of September 30, 2021, amounted to RMB 3,408,794,496.44, an increase from RMB 2,572,983,379.64 at the end of 2020, representing a growth of approximately 32.4%[16][18] - Current assets totaled RMB 2,894,159,292.39, compared to RMB 2,077,770,425.28 at the end of 2020, indicating an increase of about 39.3%[16][18] - The company's total liabilities increased to RMB 1,345,904,652.70 from RMB 607,804,052.59, representing a growth of about 121.5%[18] - The total equity attributable to shareholders at the end of Q3 2021 was CNY 2,062,889,843.74, a 4.97% increase from the end of the previous year[6] - The company's equity attributable to shareholders rose to RMB 2,062,889,843.74 from RMB 1,965,179,327.05, an increase of approximately 5%[18] Cash Flow - The cash flow from operating activities showed a net outflow of CNY 185,084,703.54 for the period[6] - Cash flow from operating activities for the first three quarters of 2021 was ¥7,147,979,186.06, an increase of 47.0% compared to ¥4,859,005,048.26 in the same period of 2020[24] - Net cash outflow from operating activities was 7,333,063,889.60, compared to 4,735,013,555.98 in the previous period[26] - The total cash and cash equivalents at the end of the period was 126,238,292.55, down from 550,250,893.23 in the previous period[27] - Cash paid to employees was 111,802,037.04, an increase from 61,378,685.51 in the previous period[26] - Cash paid for taxes was 63,596,924.12, compared to 39,557,359.94 in the previous period[26] Inventory and Receivables - Accounts receivable rose to RMB 87,283,980.18 from RMB 45,297,027.70, reflecting an increase of about 92.9% year-over-year[16][18] - Inventory levels surged to RMB 1,759,834,662.07, up from RMB 804,728,579.44, marking an increase of approximately 118.5%[16][18] Business Strategy and Challenges - The company faced challenges due to the cancellation of export tax rebates for certain products, impacting third-quarter performance compared to the previous year[13][14] - The company is actively adjusting its business strategy to strengthen domestic market promotion and expand its marketing network in response to policy changes[14][13] - The company plans to mitigate the impact of power restrictions and export tax changes by developing new products and enhancing operational efficiency[14] Research and Development - Research and development expenses for the first three quarters of 2021 amounted to ¥200,001,760.02, up 39.5% from ¥143,357,370.65 in the previous year[20] Operating Costs - Total operating costs for the first three quarters of 2021 were ¥6,109,239,523.08, up 46.4% from ¥4,173,548,042.04 in the previous year[20]

Financial Performance - The company's operating revenue for the first half of 2021 reached CNY 3,996,810,998.64, representing a 46.37% increase compared to CNY 2,730,698,886.96 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 158,402,044.86, up 57.86% from CNY 100,340,338.14 in the previous year[19]. - Basic earnings per share for the first half of 2021 were CNY 0.4026, an increase of 18.38% compared to CNY 0.3401 in the same period last year[20]. - The total comprehensive income for the first half of 2021 was CNY 158.40 million, compared to CNY 100.34 million in the first half of 2020[128]. - The total profit for the first half of 2021 was CNY 186.74 million, compared to CNY 117.97 million in the first half of 2020, reflecting a 58.3% increase[130]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -58,508,330.29, a decrease of 151.67% compared to CNY 113,240,405.06 in the same period last year[19]. - Cash flow from operating activities for the first half of 2021 was CNY 4.19 billion, an increase from CNY 2.85 billion in the same period of 2020[133]. - The total cash and cash equivalents at the end of the period were 378,471,294.51 RMB, compared to 455,100,478.23 RMB at the end of the first half of 2020, showing a decrease of approximately 17%[138]. - The net increase in cash and cash equivalents for the first half of 2021 was -52,102,788.62 RMB, contrasting with an increase of 142,073,375.21 RMB in the first half of 2020[138]. Assets and Liabilities - The total assets of the company increased by 27.60% to CNY 3,283,120,353.07 from CNY 2,572,983,379.64 at the end of the previous year[19]. - Total liabilities reached RMB 1,257,888,981.16, compared to RMB 607,804,052.59, which is an increase of approximately 106.7%[120]. - Accounts receivable increased by 222.97% to RMB 146,294,203.47, reflecting a rise in export receivables[46]. - Inventory levels rose by 57.13% to RMB 1,264,484,458.26, mainly due to increased raw material prices[46]. Research and Development - Research and development expenses rose by 41.33% to ¥128,465,542.47, driven by increased labor and material costs associated with project advancements[42]. - The company has a strong R&D capability, having added 1 invention patent and 1 utility model patent during the reporting period, along with 9 self-initiated R&D projects[40]. - The company emphasizes the importance of product research and development to maintain market competitiveness[56]. Market Position and Strategy - The company specializes in the research, production, and sales of multi-functional color-coated panels and hot-dip galvanized aluminum panels, with a complete industrial chain and strong industry influence[24]. - The company has maintained a leading position in the export of color-coated panels, ranking first among foreign trade export enterprises in Fuyang District, Hangzhou for several consecutive years[25]. - The company exports to over 40 countries and regions, including East Asia, Southeast Asia, South Asia, West Asia, Eastern Europe, and South America[25]. - The company plans to invest in a project to produce 350,000 tons of hot-dip aluminum-zinc boards, which is currently progressing as scheduled[38]. Environmental Responsibility - The company reported a total pollutant discharge of 6.921 tons of COD and 0.368 tons of ammonia nitrogen for wastewater, and 1.651 tons of sulfur dioxide and 29.28 tons of nitrogen oxides for air pollutants in the first half of 2021[65]. - The company achieved a 100% operational rate for all environmental protection facilities during the reporting period[66]. - The company is committed to sustainable development through ISO4001 certification and continuous improvement of environmental protection measures[64]. Shareholder and Corporate Governance - The company has committed to not transferring or entrusting the management of shares held prior to the IPO for 36 months from the date of listing[74]. - The company will disclose any share reduction plans 15 trading days prior to the first sale if it reduces shares through centralized bidding[80]. - The company has established a framework for addressing competition with major shareholders and related parties[73]. - The company will implement a stable stock price plan and ensure compliance with relevant regulations and commitments[92]. Risks and Challenges - The company faces risks from raw material price fluctuations, with procurement costs accounting for over 90% of total expenses[54]. - The demand for the company's main products is significantly influenced by the construction industry, which is sensitive to macroeconomic changes[54]. - The company anticipates potential risks of declining performance due to intensified industry competition and market dynamics[56].