苏州金宏气体股份有限公司 投资者关系活动记录表 股票简称：金宏气体 股票代码：688106 编号：2022-009 | --- | --- | --- | |-------------------------|----------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | | □现场参观 □其他(请文字说明 ) | | 参与单位名称及 人员姓名 | 鑫元基金张峥青、鑫元基金陆杨 | 兴证全球基金杨世进、前海道明投资张贻军、招商证券张 益敏、鑫元基金周颖、鑫元基金李彪、鑫元基金葛天伟、 | | 时间 | 2022 年 5 月 | 13 日 -2022 年 5 月 ...

苏州金宏气体股份有限公司 投资者关系活动记录表 股票简称：金宏气体 股票代码：688106 编号：2022-007 | --- | --- | --- | |--------------------|----------------------|--------------------------------------------------------| | | | | | | | □特定对象调研 □分析师会议 | | | □媒体采访 | 业绩说明会 | | 投资者关系活动类别 | | □新闻发布会 □路演活动 | | | | □现场参观 □其他(请文字说明 ) | | | 中信证券刘易、 | MondrianElina Grinchenko 、兴银理财庄 | | | | 伟彬、仁桥资产张鸿运、正心谷投资管理林利军、民生 | | | | 银行陈启航、清华控股陈禹、长信基金唐剑刚、国寿资 | | | | 产于理、华融证券蒋坤鹏、乐雪资本胡中游、野村资管 | | | | 王淑姬、大家资产姜锦铖、华夏人寿赵子豪、常春藤资 | | | | 管蒋煜、华泰柏瑞基金盛豪、圆信永丰基金范妍、中邮 | | | | 创业基金 ...

苏州金宏气体股份有限公司 投资者关系活动记录表 股票简称：金宏气体 股票代码：688106 编号：2022-008 | --- | --- | --- | |--------------------|----------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | □特定对象调研 □分析师会议 | | | □媒体采访 | 业绩说明会 | | 投资者关系活动类别 | | □新闻发布会 □路演活动 | | | | □现场参观 □其他(请文字说明 ) | | | | 浙商证券李辉、浙商证券张玉龙、开源证券刘翔、开源证 | | | | 券罗通、重阳投资钱新华、重阳投资李立源、东吴证券 ...

苏州金宏气体股份有限公司 投资者关系活动记录表 股票简称：金宏气体 股票代码：688106 编号：2022-010 | --- | --- | --- | |-------------------------|-------------------------------|-------------------------------------------------------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | | □现场参观 □其他(请文字说明 ) | | 参与单位名称及 人员姓名 | 中金证券王天鹤 | 高毅资产孙庆瑞、高毅资产张新和、高毅资产杨千里、国 泰君安证券周天乐、国泰君安证券张越、中金证券吴頔、 | | 时间 | 2022 年 5 | 月 30 日 -2022 年 6 月 14 日 | | 地点 | | 远程音频、电话会 | | 公司接待人员姓名 | | 龚 ...

苏州金宏气体股份有限公司 投资者关系活动记录表 股票简称：金宏气体 股票代码：688106 编号：2022-011 | --- | --- | --- | |-------------------------|----------------------------------------------------|--------------------------------------------------------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | 投资者关系活动类别 | □新闻发布会 | □路演活动 | | | | □现场参观 □其他(请文字说明 ) | | 参与单位名称及 人员姓名 | 昶旭 | 兴全基金陈红、兴全基金潘博众、浙商证券张杨 、南方 基金陈思臻、杉树资产杨奥、华鑫证券刘煜、九富投资任 | | 时间 | 2022 年 6 | 月 15 日 -2022 年 6 月 29 日 | | 地点 | 公司 | 408 会议室 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥454,971,967.83, representing a year-on-year increase of 29.56%[6] - The net profit attributable to shareholders for Q3 2021 was ¥38,689,498.55, a decrease of 35.49% compared to the same period last year[10] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,070,998.56, down 54.04% year-on-year[10] - The basic earnings per share for Q3 2021 was ¥0.08, a decrease of 0.39 compared to the same period last year[10] - The weighted average return on equity was 1.40%, down 0.83 percentage points year-on-year[10] - Total operating revenue for the first three quarters of 2021 reached CNY 1,233,859,836.16, a significant increase from CNY 899,487,564.74 in the same period of 2020, representing a growth of approximately 37.2%[35] - Net profit for the third quarter of 2021 was CNY 137,695,293.70, down from CNY 146,014,568.97 in the same quarter of 2020, reflecting a decrease of approximately 5.5%[39] - The comprehensive income attributable to shareholders of the parent company for the third quarter was CNY 125,425,347.32, down from CNY 142,594,233.00 in the same quarter of 2020, indicating a decrease of approximately 12.0%[41] - Basic and diluted earnings per share for the current period are both CNY 0.26, down from CNY 0.36 in the previous period[44] Research and Development - Research and development expenses totaled ¥16,996,510.60 for Q3 2021, an increase of 56.09% compared to the same period last year[10] - The total R&D investment as a percentage of operating revenue was 3.74%, an increase of 0.63 percentage points year-on-year[10] - Research and development expenses for the third quarter of 2021 were CNY 50,149,546.49, compared to CNY 30,100,943.80 in the same quarter of 2020, marking an increase of approximately 66.7%[39] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,125,607,218.12, reflecting a year-on-year increase of 19.40%[10] - The total assets of the company as of September 30, 2021, amounted to RMB 4,125,607,218.12, an increase from RMB 3,455,309,995.35 as of December 31, 2020[29] - Current assets decreased to RMB 2,137,113,979.60 from RMB 2,280,667,264.57 year-over-year[25] - The company's total liabilities amounted to CNY 1,335,936,698.36, a significant increase from CNY 593,130,556.75 year-over-year[34] - The total equity attributable to shareholders of the parent company was CNY 2,634,916,128.68, down from CNY 2,770,706,493.97 in the previous year, indicating a decrease of about 4.9%[34] - The company's fixed assets increased to RMB 1,079,721,408.84 from RMB 807,454,596.40, showing a growth of approximately 34%[29] - The company reported a short-term loan of RMB 233,202,749.39, a significant increase from RMB 49,167,356.88 in the previous year[29] Cash Flow - The company reported a cash flow from operating activities of ¥240,945,495.53 year-to-date, a decrease of 2.81% compared to the previous year[10] - Cash inflow from operating activities for the first three quarters of 2021 is CNY 1,403,209,161.46, an increase from CNY 1,009,835,586.99 in the same period of 2020, representing a growth of approximately 38.9%[44] - Cash inflow from investment activities for the first three quarters of 2021 is CNY 1,304,278,174.70, compared to CNY 257,784,803.88 in the previous year, indicating a significant increase[47] - Net cash flow from investment activities is -CNY 554,613,550.94, an improvement from -CNY 1,404,315,702.03 in the same period last year[47] - Net cash flow from financing activities is -CNY 83,994,650.42, a decrease from CNY 1,432,392,864.75 in the previous year[50] - The ending balance of cash and cash equivalents is CNY 596,160,047.61, compared to CNY 462,076,132.84 at the end of the previous year[50] - Cash inflow from sales of goods and services received is CNY 1,317,979,309.72, up from CNY 921,779,690.20 in the same period last year, reflecting a growth of approximately 43.0%[44] - Total cash outflow from operating activities is CNY 1,162,263,665.93, compared to CNY 761,915,484.28 in the previous year[48] - The company received CNY 2,534,129.00 in tax refunds, an increase from CNY 1,318,019.65 in the previous year[44] Strategic Focus - The company attributed the decrease in net profit to rising raw material prices and increased R&D expenditures[16] - The company is focused on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the provided data[29] - The company plans to continue expanding its market presence and investing in new technologies and products[46]

Financial Performance - The company's operating revenue for Q3 2022 was ¥506,838,824.41, representing an increase of 11.40% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was ¥70,448,538.95, showing a significant increase of 82.09% year-on-year[10]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2022 was ¥59,030,899.51, up 145.24% from the previous year[10]. - The basic earnings per share for Q3 2022 was ¥0.14, reflecting a growth of 75.00% compared to the same period last year[10]. - Total operating revenue for the first three quarters of 2022 reached ¥1,436,927,330.44, an increase of 16.5% compared to ¥1,233,859,836.16 in the same period of 2021[38]. - Net profit for the third quarter of 2022 was ¥180,017,134.15, up 30.6% from ¥137,695,293.70 in the third quarter of 2021[44]. - Basic earnings per share for the third quarter of 2022 were ¥0.35, compared to ¥0.26 in the same quarter of 2021, reflecting a 34.6% increase[46]. - The net profit for the first three quarters of 2022 was ¥148,976,336.57, up 35% from ¥110,332,831.79 in the previous year[64]. Assets and Liabilities - The total assets at the end of Q3 2022 amounted to ¥4,538,774,879.30, an increase of 9.16% from the end of the previous year[10]. - The total assets as of September 30, 2022, amounted to RMB 3,990,475,353.98, an increase from RMB 3,572,852,651.62 at the end of 2021[57]. - The total liabilities increased to ¥1,606,747,258.77 in 2022 from ¥1,305,411,775.48 in 2021, representing a growth of 23.1%[37]. - The company's total liabilities as of September 30, 2022, were RMB 1,242,288,490.92, compared to RMB 895,255,758.59 at the end of 2021, indicating a rise in leverage[57]. - The total liabilities increased to ¥1,311,845,186.26, compared to ¥955,594,600.79 in the same period last year, reflecting a growth of 37.3%[61]. Cash Flow - The company reported a net cash flow from operating activities of ¥230,021,505.79 for the year-to-date, a decrease of 4.53% compared to the previous year[10]. - The net cash flow from operating activities for Q3 2022 was RMB 230,021,505.79, a decrease of 4% compared to RMB 240,945,495.53 in Q3 2021[48]. - Cash flow from operating activities for the first three quarters of 2022 was ¥1,551,355,485.77, compared to ¥1,317,979,309.72 in the same period of 2021, marking a growth of 17.7%[47]. - The cash flow from operating activities generated a net amount of ¥137,886,529.71, down from ¥189,729,619.84 in the previous year[68]. - The company reported a significant increase in cash inflow from investment activities, totaling ¥2,700,346,662.04, compared to ¥1,121,947,653.61 in the same period of 2021[68]. - The cash flow from financing activities showed a net increase of ¥221,007,998.31, compared to a net outflow of ¥82,462,584.36 in the previous year[69]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,661, with the largest shareholder holding 25.60% of the shares[20]. - The top three shareholders include Jin Xianghua with 124,325,873 shares (25.60%), Zhu Genlin with 50,378,585 shares (10.37%), and Jin Jianping with 36,060,000 shares (7.43%)[20]. Research and Development - Research and development expenses totaled ¥18,550,428.68 for Q3 2022, which is 3.66% of operating revenue[10]. - Research and development expenses for the third quarter of 2022 were ¥58,361,110.34, an increase of 16.4% from ¥50,149,546.49 in the same quarter of 2021[40]. - Research and development expenses for the first three quarters of 2022 were ¥51,309,010.31, an increase from ¥48,377,435.65 in the same period last year[61]. Equity and Financial Position - The company's total equity rose to ¥2,932,027,620.53 in 2022, up from ¥2,852,533,183.02 in 2021, indicating a growth of 2.8%[37]. - The company's total equity reached ¥2,678,630,167.72, up from ¥2,617,258,050.83 in the previous year, indicating a growth of 2.4%[61]. Investment Activities - The company reported a total cash outflow from investment activities of RMB 3,993,074,861.41, compared to RMB 1,858,891,725.64 in the previous year, reflecting increased investment efforts[51]. - Total cash inflow from investment activities reached RMB 3,635,551,595.00, significantly up from RMB 1,304,278,174.70 in the same period last year[51]. - The company has invested 32,310,093.18 RMB in investment properties, up from 25,102,052.00 RMB in the previous year[31]. - The company's long-term equity investments increased to RMB 1,396,247,161.13 from RMB 999,294,461.32 year-over-year, indicating a strategic focus on long-term growth[53]. Accounting Standards - The company has not applied the new accounting standards or interpretations starting from 2022[71]. - The financial report adjustments for the first-time execution of new accounting standards do not apply to the company[72].

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2022, representing a year-on-year increase of 15%[15]. - The company's operating revenue for the first half of 2022 was CNY 930,088,506.03, representing a 19.41% increase compared to CNY 778,887,868.3 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was CNY 98,462,128.42, up 13.28% from CNY 86,921,599.52 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 82,498,595.02, reflecting a 20.55% increase from CNY 68,437,790.58 year-on-year[21]. - The gross profit margin improved to 30%, up from 28% in the same period last year, indicating better cost management and pricing strategies[15]. - Future guidance estimates a revenue growth of 10-15% for the second half of 2022, driven by increased demand in the electronics sector[15]. - The company achieved a total of 39,810,681.66 CNY in R&D expenses, representing a 20.08% increase compared to the same period last year[59]. - The revenue from specialty gases increased by 32% year-on-year, while the revenue from bulk gases grew by 12% during the same period[80]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[15]. - The company is exploring potential acquisitions to enhance its product offerings and market reach, with a budget of 200 million CNY for strategic investments[15]. - The company aims to focus on the research and production of specialty gases, particularly in the semiconductor and emerging industries, to fill domestic gaps in high-end specialty gases[39]. - The company is actively expanding its hydrogen energy business, having signed a cooperation agreement with CRRC Guochuang Rail Technology for hydrogen energy applications[80]. - The company plans to expand its market presence in semiconductor materials, with a significant emphasis on high-purity precursor materials[64]. Research and Development - The company has allocated 10% of its revenue for R&D, focusing on innovative gas technologies and applications[15]. - As of June 30, 2022, the company held a total of 279 patents, including 48 invention patents, demonstrating its strong R&D capabilities[56]. - The company has developed core technologies including gas purification, tail gas recovery, and high-purity gas packaging, which enhance its production and operational efficiency[53]. - The company is currently developing a project for electronic-grade tetraethyl orthosilicate with a total investment of 20,000,000 CNY, having invested 5,607,660 CNY to date[61]. - The company is focusing on the research and development of carbon catalyst reduction reactions, with a pilot test capacity of 1,728,652[64]. Risk Factors - Risk factors include fluctuations in raw material prices and regulatory changes impacting the gas industry, which the company is actively monitoring[15]. - The company faces risks from price fluctuations of main products like nitrogen and oxygen due to economic slowdown and intensified market competition[93]. - The company is exposed to raw material price volatility, which can impact operating costs and gross margins[94]. - The company faces risks related to core technology leakage and personnel turnover due to increasing competition for talent[97]. Environmental Initiatives - The company is actively pursuing carbon peak and carbon neutrality goals, focusing on energy consumption reduction and promoting "green factory" initiatives[139]. - The company has committed to continuous upgrades of wastewater treatment facilities and improvements in stormwater drainage systems[138]. - The company promotes low-carbon practices among employees, encouraging resource conservation and sustainable commuting options[140]. - The company has established an emergency response plan for environmental incidents, enhancing safety awareness and emergency response capabilities[136]. Shareholder and Governance - The company reported a lock-up period of 36 months for major shareholders, during which they cannot transfer their shares[144]. - Major shareholders must notify the company of their intention to sell shares at least 3 trading days in advance[145]. - The company emphasizes compliance with relevant laws and regulations regarding share transfers[145]. - The company will publicly disclose reasons for any failure to fulfill commitments and apologize to shareholders and the public[158]. Product Development - New product development includes the launch of a high-purity gas line, expected to contribute an additional 50 million CNY in revenue by the end of 2022[15]. - The company has a diverse product range, including medical gases, industrial gases, and specialty gases for various applications[44]. - The company offers over 100 types of gases, including specialty gases like ultra-pure ammonia and high-purity nitrous oxide, which are essential for the semiconductor industry[40].

Financial Performance - The company's operating revenue for Q1 2022 was ¥445,746,199.70, representing a year-on-year increase of 26.51%[6] - The net profit attributable to shareholders was ¥38,835,527.41, with a slight increase of 0.77% compared to the same period last year[6] - The net profit after deducting non-recurring gains and losses was ¥29,824,156.70, showing a decrease of 7.13% year-on-year[9] - Total operating revenue for Q1 2022 reached RMB 445,746,199.70, a 26.5% increase from RMB 352,348,243.11 in Q1 2021[35] - Net profit for Q1 2022 was RMB 41,908,389.93, representing a 3.1% increase compared to RMB 40,664,448.16 in Q1 2021[37] - Total comprehensive income for Q1 2022 was RMB 41,766,900.28, slightly up from RMB 40,981,267.02 in Q1 2021[39] - The company’s total profit for Q1 2022 was CNY 41.29 million, an increase of 15.4% from CNY 35.64 million in Q1 2021[59] Cash Flow - The net cash flow from operating activities was ¥76,436,493.76, reflecting an increase of 11.56% compared to the previous year[9] - Cash flow from operating activities in Q1 2022 was RMB 517,558,730.30, compared to RMB 476,134,622.84 in Q1 2021, indicating a growth of 8.7%[41] - The net cash flow from operating activities for Q1 2022 was $76,436,493.76, an increase of 11.1% compared to $68,516,012.76 in Q1 2021[43] - The cash flow from operating activities generated a net amount of CNY 47.83 million, compared to CNY 32.09 million in the same period last year, reflecting a 48.7% increase[63] Assets and Liabilities - The total assets at the end of the reporting period were ¥4,292,490,157.16, up 3.24% from the end of the previous year[9] - Total liabilities reached RMB 1,392,443,682.85, up from RMB 1,305,411,775.48, indicating an increase of about 6.67%[31] - The total assets as of March 31, 2022, were $3,699,417,966.97, compared to $3,572,852,651.62 at the end of 2021, reflecting a growth of 3.5%[49] - The total liabilities increased to $1,039,373,452.58 in Q1 2022 from $955,594,600.79 in Q4 2021, indicating a rise of 8.8%[52] Equity - The equity attributable to shareholders increased to ¥2,714,755,494.52, marking a 1.29% rise compared to the previous year[9] - The total equity attributable to shareholders was RMB 2,714,755,494.52, up from RMB 2,680,275,522.82, representing a growth of approximately 1.28%[34] - The company's total equity reached $2,660,044,514.39, up from $2,617,258,050.83 at the end of 2021, marking an increase of 1.6%[55] Research and Development - Research and development expenses totaled ¥21,037,739.03, which is an increase of 33.18% year-on-year, indicating a focus on enhancing R&D capabilities[9] - Research and development expenses for Q1 2022 amounted to RMB 21,037,739.03, a 33.1% increase from RMB 15,796,785.46 in Q1 2021[37] - Research and development expenses rose to CNY 17.84 million in Q1 2022, up from CNY 15.16 million in Q1 2021, marking an increase of 17.7%[56] Operating Costs - Total operating costs for Q1 2022 were RMB 407,802,166.63, up 31.4% from RMB 310,310,220.64 in Q1 2021[35] - The company's operating costs for Q1 2022 were CNY 184.31 million, an increase of 27.0% from CNY 145.17 million in Q1 2021[56] Investment Activities - Cash inflow from investment activities totaled $961,251,833.37, significantly higher than $216,729,962.32 in the same period last year[43] - The total cash inflow from investment activities was CNY 682.86 million, compared to CNY 154.41 million in the previous year, indicating a substantial increase[65] - The company reported investment income of CNY 4.53 million in Q1 2022, significantly higher than CNY 0.22 million in Q1 2021[59] Financing Activities - The cash outflow from financing activities was $53,028,996.61, compared to $15,088,867.22 in Q1 2021, indicating a significant increase in financing activities[46] - The company reported a cash flow from financing activities net amount of $56,971,003.39, a decrease from $63,935,132.78 in the previous year[46] - The cash flow from financing activities generated a net amount of CNY 94.48 million, compared to CNY 73.89 million in Q1 2021[65]

Financial Performance - The company's operating revenue for 2021 was ¥1,741,293,970.57, representing a 40.05% increase compared to ¥1,243,342,379.28 in 2020[32]. - The net profit attributable to shareholders for 2021 was ¥167,067,568.61, a decrease of 15.34% from ¥197,329,181.61 in 2020[32]. - The net cash flow from operating activities was ¥310,689,391.56, down 22.64% from ¥401,616,610.88 in 2020[32]. - The total assets at the end of 2021 were ¥4,157,944,958.50, a 20.33% increase from ¥3,455,309,995.35 at the end of 2020[35]. - The basic earnings per share for 2021 was ¥0.34, a decrease of 27.66% compared to ¥0.47 in 2020[36]. - The company's net assets attributable to shareholders decreased by 3.26% to ¥2,680,275,522.82 at the end of 2021 from ¥2,770,706,493.97 at the end of 2020[35]. - The company achieved operating revenue of CNY 1,741,293,970.57, a year-on-year increase of 40.05%[174]. - The net profit attributable to the parent company was CNY 16,706.76 million, a decrease of 15.34% from the previous year[174]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 2.50 CNY per 10 shares, totaling 121,083,350 CNY, which accounts for 72.48% of the net profit attributable to shareholders for 2021[7]. - The company has not proposed any capital reserve transfer to increase share capital for the year[7]. Audit and Compliance - The company has received a standard unqualified audit report from the accounting firm[6]. - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has not faced any violations in decision-making procedures for external guarantees[11]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[11]. Research and Development - The R&D investment as a percentage of operating revenue increased to 4.01% in 2021 from 3.73% in 2020[36]. - Research and development expenses increased by 50.48% to 69.85 million yuan, focusing on specialty gas innovations, and the company was recognized as one of the "Top 100 Innovative Enterprises in Jiangsu Province"[57]. - The company applied for 38 invention patents and 28 utility model patents during the reporting period, with a total of 255 patents held as of December 31, 2021[57]. - The company has developed various ultra-high purity gases, achieving a total of 255 patents, including 43 invention patents, indicating a strong R&D capability[101]. - The company has established a stable R&D team and has mastered several core technologies in gas production, but faces risks if R&D directions fail or progress is slower than expected[161]. Market and Competitive Landscape - The global industrial gas market size was approximately $134.1 billion in 2020, with a projected growth rate of 8% leading to an estimated market size of $145.1 billion by 2021[82]. - China's industrial gas market size reached 162.6 billion yuan in 2020, with a compound annual growth rate of 14.77% from 2010 to 2020, and is expected to reach nearly 180 billion yuan by 2021[86]. - The company holds a market share of 2.73% in the domestic electronic specialty gas market, with the overall market size estimated at CNY 17.5 billion[170]. - The company is expected to face increased competition as global industrial gas companies establish a presence in China, necessitating resource integration and potential mergers and acquisitions[96]. Operational Challenges - The company faced increased operational costs due to ongoing commodity price pressures, impacting net profit margins[37]. - Operating costs rose by 54.40% year-on-year, primarily due to increased business scale and rising commodity prices[177]. - The company is exposed to price fluctuations of raw materials, which can impact operating costs and gross margins[163]. - The company’s cash flow from operating activities decreased by 22.64% compared to the previous year, indicating potential liquidity challenges[175]. Strategic Initiatives - The company plans to expand its market presence nationwide through new construction and acquisitions, while deepening its focus on the East China market[51]. - The company aims to enhance its brand advantage and increase investment in new product development to optimize its product structure[51]. - The company has established a reliable gas supply and service network, providing over a hundred types of gas products to various industries[51]. - The company has established long-term cooperative relationships with major suppliers to ensure stable procurement of raw materials[76]. Recognition and Awards - The company has been recognized with multiple honors, including "China Gas Industry Well-Known Brand" and "Jiangsu Province Quality Benchmark Enterprise" during the reporting period[67]. - The company is recognized as a key supplier of specialty gases in the Yangtze River Delta region, which is a strategic hub for advanced manufacturing and emerging industries in China[156]. - The company has received multiple honors, including being recognized as a "National Torch Plan Key High-tech Enterprise" and a "National Intellectual Property Advantage Enterprise," enhancing its brand reputation[148].