Financial Performance - The company's operating revenue for Q3 2021 reached ¥1,337,996,720.78, representing a year-on-year increase of 99.92%[4] - Net profit attributable to shareholders was ¥54,080,103.98, up 159.05% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses for the period was ¥53,556,606.94, reflecting a 200.17% increase year-on-year[4] - The basic earnings per share for the period was ¥0.17, a rise of 183.33% compared to the same period last year[5] - Net profit for the third quarter of 2021 was CNY 200,705,952.91, up from CNY 62,536,915.89 in the same quarter of 2020, reflecting a growth of approximately 220.5%[23] - Basic and diluted earnings per share for the third quarter of 2021 were both CNY 0.63, compared to CNY 0.24 in the same quarter of 2020, marking an increase of 162.5%[24] - Total operating revenue for the first three quarters of 2021 reached CNY 3,799,517,563.87, a significant increase from CNY 1,703,365,277.09 in the same period of 2020, representing a growth of approximately 122.3%[21] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,380,054,032.16, an increase of 47.41% from the end of the previous year[5] - The company's total assets reached CNY 3,380,054,032.16, an increase from CNY 2,292,937,164.88 at the end of 2020, representing a growth of approximately 47.5%[17] - The total liabilities as of September 30, 2021, were CNY 2,677,580,687.21, compared to CNY 1,715,686,394.37 at the end of 2020, marking an increase of approximately 55.9%[17] - Total liabilities as of the end of the third quarter of 2021 amounted to CNY 1,848,106,707.57, up from CNY 930,141,093.20 at the end of the same period in 2020, reflecting an increase of about 98.5%[21] - The total equity attributable to shareholders increased to ¥1,335,361,457.22, a growth of 14.44% from the previous year[5] - Total equity as of the end of the third quarter of 2021 was CNY 1,531,947,324.59, compared to CNY 1,362,796,071.68 in the same period of 2020, showing an increase of approximately 12.4%[21] Cash Flow - The cash flow from operating activities for the year-to-date was ¥230,173,933.80, showing a significant increase of 582.81%[5] - Cash inflow from operating activities for the first three quarters of 2021 was CNY 2,696,135,465.56, compared to CNY 1,364,311,570.39 in the same period of 2020, representing a growth of about 97.4%[26] - The net cash flow from operating activities was 230,173,933.80 RMB, a significant increase from 33,709,775.91 RMB in the previous year, reflecting a growth of approximately 582%[27] - The company reported a net cash flow from financing activities of -33,013,912.47 RMB, a decline from a positive cash flow of 416,935,981.23 RMB in the previous year[27] - The cash inflow from financing activities was 17,675,010.00 RMB, significantly lower than 621,557,428.17 RMB in the same quarter last year[27] Inventory and Receivables - Accounts receivable increased significantly to CNY 276,923,836.22 from CNY 107,983,906.25, reflecting a growth of approximately 156.5%[17] - The company’s inventory rose to CNY 383,224,485.05 from CNY 300,084,908.16, showing an increase of about 27.7%[17] - The company reported a significant increase in accounts payable, which rose to CNY 51,827,217.32 from CNY 39,375,213.11, reflecting a growth of approximately 31.5%[17] Capital Expenditure and Projects - The company plans to extend the timeline for the "Annual Production of 100,000 Tons of Nylon 6 Chip Production Project" to March 2022 due to delays in equipment commissioning[15] - The company has completed two out of three production lines for the nylon project, with the third line in trial operation[15] - The company approved a capital increase of CNY 50 million to its wholly-owned subsidiary, Hangzhou Juhe Shun Special Materials Technology Co., Ltd.[14] Research and Development - Research and development expenses for the first three quarters of 2021 totaled CNY 89,887,515.28, compared to CNY 53,976,176.92 in the previous year, indicating an increase of approximately 66.5%[21] Accounting Standards - The company executed the new leasing standards starting January 1, 2021, impacting the financial statements accordingly[31] - The company implemented the revised "New Lease Standards" from January 1, 2021, with no significant impact on financial condition, operating results, and cash flows[32] - The transition to the new lease standards was disclosed in the financial statements starting from early 2021[32] Reporting and Governance - The board of directors announced the report on October 29, 2021[34]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2021, representing a year-on-year increase of 20%[14] - The net profit attributable to shareholders was 100 million CNY, up 15% compared to the same period last year[14] - The company's operating revenue for the first half of 2021 reached ¥2,461,520,843.09, representing a 138.04% increase compared to the same period last year[23] - Net profit attributable to shareholders was ¥145,941,491.56, a significant increase of 250.31% year-on-year[23] - The net cash flow from operating activities increased by 124.90% to ¥186,314,375.89 compared to the previous year[23] - Basic earnings per share rose to ¥0.46, reflecting a 155.56% increase from the previous year[24] - The weighted average return on equity increased by 4.46 percentage points to 11.77%[24] - The company achieved a revenue of 246,152.08 million RMB in the first half of 2021, representing a year-on-year growth of 138.04%[41] - The net profit attributable to shareholders reached 14,594.15 million RMB, marking a significant increase of 250.31% compared to the same period last year[41] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by the end of 2022[14] - The management has provided a performance guidance of 15-20% revenue growth for the second half of 2021[14] - The company has no plans for major acquisitions in the near term but is exploring strategic partnerships[14] - The company aims to expand its production capacity and product line, focusing on high-performance and differentiated products to enhance its market share[32] Research and Development - The company has allocated 50 million CNY for R&D in new technologies, focusing on sustainable materials[14] - New product development includes a high-performance nylon 6 material, expected to launch in Q4 2021, projected to increase revenue by 10%[14] - The company continues to focus on the research, production, and sales of nylon new materials, with no significant changes in its main business operations[29] - The company is actively expanding its product line to meet market demand for high-performance and differentiated nylon products, with a total planned capacity increase of 284,000 tons across two major projects[40] - The company has invested in advanced research and development capabilities, collaborating with universities to enhance its technological innovation and product development[42] Environmental and Safety Measures - The company emphasizes safety production and environmental protection, investing in facilities to reduce carbon emissions and improve production conditions[43] - The company has implemented comprehensive waste treatment facilities and is investing in energy-saving technologies to meet environmental standards[58] - The company has engaged qualified third-party entities for regular monitoring of major pollutant emissions, adhering to self-monitoring protocols[70] - The company has installed various pollution control facilities, ensuring stable and compliant pollutant discharge during the reporting period[66] Financial Health and Assets - The company's total assets grew by 35.86% to ¥3,115,273,210.32 at the end of the reporting period[23] - The company's cash and cash equivalents increased by 26.81% to ¥1,288,009,573.91, compared to ¥1,015,666,201.96 in the previous year[50] - The accounts receivable rose by 82.11% to ¥196,653,911.50, up from ¥107,983,906.25, indicating an increase in credit sales[50] - The company reported a significant increase in inventory, which rose by 57.81% to ¥473,554,365.30, compared to ¥300,084,908.16 in the previous year, reflecting increased stockpiling[50] Shareholder Commitments and Governance - The actual controller Fu Changbao committed not to transfer or entrust the management of shares held before the IPO for 36 months from the date of listing[78] - Major shareholders Yongchang Holdings and Yongchang Trading also committed to similar lock-up agreements for 36 months post-IPO[82] - The company will comply with the regulations set by the China Securities Regulatory Commission regarding share reduction and information disclosure[83] - The commitments made by shareholders and management are aimed at stabilizing the stock price post-IPO and ensuring market confidence[84] Risks and Challenges - The main raw material for production is caprolactam, with a high dependency on major suppliers, which poses a risk if supplier relationships deteriorate or if there are supply disruptions[56] - Environmental regulations pose a risk, as compliance costs may increase due to stricter laws, potentially impacting the company's financial performance[58] - The COVID-19 pandemic has affected operations, with procurement, production, and sales experiencing disruptions due to containment measures[58] - The company has been focusing on new product development and process improvements to enhance competitiveness, but failure to innovate could lead to a decline in sales and market share[57] Corporate Structure and Ownership - The company was established as a joint-stock company in April 2016 and went public on June 18, 2020, with a registered capital of RMB 315.547 million[187] - The company includes four subsidiaries in its consolidated financial statements: Hangzhou Juheshun Special Materials Technology Co., Ltd., Shandong Juheshun Luhua New Materials Co., Ltd., Changde Juheshun New Materials Co., Ltd., and Shandong Juheshun New Materials Co., Ltd.[188] - The total number of ordinary shareholders as of the end of the reporting period is 20,649[138] - The largest shareholder, Yongchang Holdings, holds 60,216,050 shares, representing 19.08% of total shares[140]

2021 年第一季度报告 公司代码：605166 公司简称：聚合顺 杭州聚合顺新材料股份有限公司 2021 年第一季度报告 1 / 20 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 7 | | 四、 | 附录 9 | 2021 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 2,720,789,557.34 | 2,292,937,164.88 | 18.66 | | 归属于上市公司 | 1,229,187,537.54 | 1,166,894,561.68 | 5.34 | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 | -71,564,697.73 | -2,943,046.12 | -2,33 ...

Financial Performance - The company's operating revenue for 2020 was approximately CNY 2.56 billion, representing a year-on-year increase of 5.68% compared to CNY 2.43 billion in 2019[23]. - Net profit attributable to shareholders for 2020 was approximately CNY 115.84 million, an increase of 15.59% from CNY 100.22 million in 2019[23]. - The net cash flow from operating activities increased significantly by 312.39% to approximately CNY 137.54 million, compared to CNY 33.35 million in 2019[25]. - The total assets at the end of 2020 reached approximately CNY 2.29 billion, a growth of 109.85% from CNY 1.09 billion at the end of 2019[24]. - The net assets attributable to shareholders increased by 108.79% to approximately CNY 1.17 billion, up from CNY 558.87 million in 2019[25]. - Basic earnings per share remained stable at CNY 0.42, unchanged from 2019[25]. - The weighted average return on equity decreased by 6.20 percentage points to 13.50% in 2020, down from 19.70% in 2019[25]. - Operating costs amounted to CNY 2,338,613,650.95, reflecting a year-on-year increase of 6.40%[49]. - The gross profit margin for chemical products was 8.83%, a decrease of 0.72 percentage points from the previous year[51]. Dividend Policy - The company plans to distribute a cash dividend of 1.00 yuan per ten shares to all shareholders, totaling 31,554,700.00 yuan (including tax) based on a total share capital of 31,554.7 million shares as of December 31, 2020[5]. - The company has established a cash dividend policy, committing to distribute at least 15% of its distributable profits as cash dividends annually, with a minimum of 20% in cash if combined with stock dividends[120]. - For the fiscal year 2020, the company distributed a cash dividend of 1.00 yuan per share, amounting to 31,554,700.00 yuan, representing 27.24% of the net profit attributable to ordinary shareholders[123]. - The company plans to maintain a stable and continuous profit distribution policy, with cash dividends prioritized over stock dividends[119]. - The board of directors must obtain majority approval from independent directors for profit distribution proposals, ensuring transparency and communication with shareholders[122]. Corporate Governance - The company has received a standard unqualified audit report from Tianjian Accounting Firm, ensuring the financial report's authenticity, accuracy, and completeness[4]. - The company has confirmed that all board members attended the board meeting, ensuring governance and oversight[8]. - There are no non-operating fund occupations by controlling shareholders or related parties, and no violations in decision-making procedures for external guarantees[7]. - The company has committed to complying with stringent environmental regulations, which may increase operational costs and impact overall performance[113]. - The company has made a commitment to disclose all related party transactions in accordance with regulatory requirements[168]. Market Position and Strategy - The company maintains a leading position in the domestic nylon 6 chip market, with a strong brand reputation[34]. - The company is committed to increasing R&D investment and improving its technical research and marketing network to strengthen its market position[34]. - The company is focusing on expanding its market presence in the nylon fiber sector, which is expected to benefit from the stable income of the textile and apparel industry[103]. - The company has a competitive edge in the nylon 6 chip industry, with about 50% of its products achieving import substitution[80]. - The company is positioned among the top tier of nylon 6 chip manufacturers, benefiting from a strong R&D team with over 20 years of industry experience[80]. Risks and Challenges - The company has outlined potential risks in its report, which investors should consider when evaluating future plans[9]. - The company faces risks from raw material price volatility, particularly for caprolactam, which could affect gross margins and customer demand[112]. - The company acknowledges risks related to trade tensions, particularly between China and the U.S., which could adversely affect its downstream market demand and overall performance[115]. - The nylon 6 chip industry is subject to cyclical fluctuations, influenced by production capacity and raw material prices, which could impact revenue and profit growth[111]. - The COVID-19 pandemic has impacted the company's operations, although it has maintained continuous production; future outbreaks could disrupt procurement and sales[116]. Research and Development - The company has a dedicated R&D team of over 50 personnel, focusing on innovation and the development of new products[38]. - Total R&D expenses amounted to ¥78,149,401.90, representing 3.05% of operating revenue[62]. - The company has established a collaborative mechanism with several universities and research institutes to enhance R&D capabilities[89]. - The company plans to expand production capacity by establishing a 100,000-ton nylon 6 material expansion project and a research and development center to enhance product quality and meet market demand[106]. Shareholder Commitments - The actual controller and major shareholders have committed to not transferring or entrusting their shares for 36 months post-IPO, with an automatic extension of the lock-up period if stock prices fall below the issue price[128][130]. - The company will not repurchase shares held by the actual controller and major shareholders during the lock-up period[130]. - The company has committed to comply with relevant regulations regarding shareholding and disclosure during the lock-up and reduction periods[129]. - The company will ensure that no unfair benefits are provided to other entities or individuals, protecting its interests[158]. Financial Investments - The company has invested RMB 50 million in structured deposit products using idle raised funds[183]. - The company has also invested RMB 20 million in structured deposit products using its own funds[183]. - The company has received a total expected return of RMB 146,700 from a structured deposit with Agricultural Bank of China[185]. - The company has received a total expected return of RMB 214,500 from another structured deposit with Agricultural Bank of China[185]. - The company has received a total expected return of RMB 156,300 from a structured deposit with China Merchants Bank[185].

2020 年第三季度报告 公司代码：605166 公司简称：聚合顺 一、 重要提示 1.1 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、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人傅昌宝、主管会计工作负责人陈树峰及会计机构负责人（会计主管人员）毛剑保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 杭州聚合顺新材料股份有限公司 2020 年第三季度报告 1 / 28 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 9 | 2020 年第三季度报告 2.1 主要财务数据 3 / 28 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,976,870,981.93 1,092,679,686.94 80.92% 归属于上市公司 股东的净资产 ...

Financial Performance - The basic earnings per share for the first half of 2020 was CNY 0.18, a decrease of 14.29% compared to CNY 0.21 in the same period last year[20]. - The diluted earnings per share also stood at CNY 0.18, reflecting the same 14.29% decline year-over-year[20]. - The company's operating revenue for the first half of the year was CNY 1,034,086,185.95, a decrease of 8.63% compared to the same period last year[22]. - The net profit attributable to shareholders was CNY 41,660,671.12, down 14.26% year-on-year[22]. - The basic earnings per share after deducting non-recurring gains and losses was CNY 0.17, a decrease of 15.00% from CNY 0.20 in the same period last year[20]. - The company's operating profit for the first half of 2020 was CNY 45,589,752.15, a decrease of 14.1% from CNY 53,086,407.28 in the first half of 2019[118]. - Total profit for the first half of 2020 was CNY 45,955,863.78, down 13.5% from CNY 53,086,407.28 in the same period of 2019[118]. - The company reported a net profit margin decline due to increased costs, with net profit figures not specified in the provided data[113]. Cash Flow and Liquidity - The net cash flow from operating activities increased due to higher cash received from product sales and services provided[20]. - The net cash flow from operating activities increased significantly by 149.23% to CNY 82,843,755.79 compared to the previous year[22]. - Cash received from sales of goods and services in the first half of 2020 was CNY 707,158,988.15, an increase from CNY 506,347,235.76 in the first half of 2019[120]. - Operating cash inflow totaled CNY 896,887,558.66, an increase of 60.2% compared to CNY 559,443,263.50 in the same period last year[124]. - Total cash and cash equivalents at the end of the period reached CNY 610,782,322.64, compared to CNY 100,887,112.74 at the end of the same period last year[125]. - Cash inflow from financing activities amounted to CNY 619,315,678.32, a substantial increase from CNY 101,300,000.00 in the previous period[122]. Assets and Liabilities - The total assets of the company increased during the reporting period, primarily due to the inflow of funds from the IPO[20]. - The company's total assets grew by 67.62% to CNY 1,831,550,670.21 at the end of the reporting period[22]. - The total liabilities increased, with current liabilities at ¥718,645,849.22, representing 39.24% of total assets[35]. - The company's total liabilities rose to CNY 739,630,964.58 from CNY 533,805,881.25, an increase of 38.6%[111]. - The company's current assets reached ¥1,292,029,783.68, up from ¥545,285,145.44 at the end of 2019, indicating significant growth in liquidity[105]. Shareholder Equity - The net assets attributable to shareholders increased due to the funds raised from the initial public offering[20]. - The net assets attributable to shareholders increased by 95.52% to CNY 1,092,719,550.37 compared to the end of the previous year[22]. - Shareholders' equity increased to CNY 1,092,719,774.19, compared to CNY 558,874,370.30, reflecting a growth of 95.2%[111]. - The total equity attributable to the parent company at the end of the current period is 1,092,719,550.37[132]. Research and Development - Research and development expenses decreased by 18.65% to ¥25,443,804.37, indicating a shift in project progress[34]. - The company plans to enhance its R&D capabilities by hiring top talent and acquiring advanced equipment[31]. - The company plans to expand production capacity and strengthen R&D for high-performance and differentiated products[25]. Market and Production - The company successfully trial-produced a new production line with an annual capacity of 220,000 tons, enhancing its position in the nylon 6 chip market[25]. - The company emphasizes flexible production capabilities to meet diverse market demands and enhance operational efficiency[27]. - The company operates in the nylon 6 chip industry, which is subject to cyclical fluctuations influenced by production capacity and the price of caprolactam[39]. Commitments and Regulations - The actual controller, Fu Changbao, committed to not transferring or entrusting others to manage shares held before the IPO for 36 months from the listing date[51]. - Major shareholders Yongchang Holdings and Yongchang Trading made a similar commitment for 36 months regarding their shares held before the IPO[54]. - The company and its major shareholders will comply with relevant regulations regarding share reduction and disclosure as stipulated by the China Securities Regulatory Commission and the Shanghai Stock Exchange[55]. - The company commits to not transferring or entrusting the management of shares held before the IPO for 12 months post-listing[56]. Environmental and Legal Compliance - The company has no significant environmental violations or penalties during the reporting period, adhering to relevant environmental laws[88]. - The company has confirmed that there are no major litigation or arbitration matters during the reporting period, indicating a stable legal standing[83]. - The integrity status of the company and its major stakeholders remains good, with no significant debts or court judgments unfulfilled during the reporting period[83]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[143]. - The company adheres to the enterprise accounting standards, ensuring that the financial statements accurately reflect its financial position and operating results[145]. - The company has not disclosed any significant changes in accounting policies or estimates during the reporting period[89].