2022 年第三季度报告 单位：元 币种：人民币 证券代码：688598 证券简称：金博股份 湖南金博碳素股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |------------------------------------------------|----------------|-----------------------------------------|------------------|----------------------------- ...

Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2022, representing a 15% increase compared to the same period last year[18]. - The company's operating revenue for the first half of 2022 was ¥846,515,424.29, representing a 65.30% increase compared to ¥512,097,493.58 in the same period last year[25]. - The net profit attributable to shareholders for the same period was ¥367,974,037.64, an increase of 80.38% from ¥203,995,269.67 year-on-year[25]. - Basic earnings per share rose to ¥4.59, an increase of 80.00% compared to ¥2.55 in the same period last year[29]. - The company reported a net cash flow from operating activities of ¥360,546,060.07, a significant recovery from a negative cash flow of -¥7,104,337.14 in the previous year[25]. - The company achieved a revenue of 125,960,000.00 RMB, with a net profit of 64,235,322.59 RMB for the reporting period[65]. - The photovoltaic sector's revenue increased by 61.78% year-on-year, driven by stable market demand and the company's competitive advantages in carbon-based composite materials[78]. - Net profit attributable to shareholders reached 368 million yuan, up 80.38% compared to the previous year[87]. 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[18]. - A strategic acquisition of a local competitor is expected to enhance production capacity by 30% and reduce costs by 15%[18]. - The company is actively pursuing market expansion and new strategies to diversify its product range and enhance its competitive edge[44]. - The company is expanding into the hydrogen energy sector, with plans to launch hydrogen production facilities in early 2023, leveraging hydrogen as a byproduct of its carbon-based composite materials production[78]. Research and Development - The company is investing 50 million RMB in R&D for new technologies related to hydrogen fuel cells, aiming for commercialization by 2023[18]. - The company invested 7.58% of its operating revenue in research and development, up from 5.46% in the previous year, indicating a focus on innovation[29]. - R&D expenses totaled ¥64,183,468.39, a significant increase of 129.71% compared to ¥27,940,649.04 in the same period last year[55]. - The number of R&D personnel grew by 93.00% compared to the same period in 2021, indicating a strong focus on talent acquisition[82]. - The company is focusing on expanding its R&D capabilities to enhance product offerings and market competitiveness[56]. Product Development and Innovation - New product development includes the launch of a carbon-based composite material, which is projected to contribute 200 million RMB in revenue by the end of 2022[18]. - The company has successfully developed high-performance carbon-based composite materials for the next generation of efficient battery technologies, maintaining a competitive edge in the photovoltaic sector[37]. - The company is actively developing new products, including energy-saving components like middle shafts and trays for the photovoltaic sector[78]. - The company has developed key technologies that reduce production costs by over 30% for advanced carbon-based composite materials, enhancing product performance and efficiency[48]. Risk Management - The company has identified potential risks including supply chain disruptions and regulatory changes, which could impact future performance[18]. - The company is facing risks related to technological upgrades, market policy changes, and raw material price fluctuations[86]. Environmental Responsibility - The company has not reported any significant environmental penalties during the reporting period, indicating compliance with environmental regulations[107]. - The company implemented measures to reduce carbon emissions, including the recovery and purification of hydrogen produced during the preparation of carbon-based composite materials[111]. - The company established a water-saving office to improve the reuse rate of water resources in accordance with ISO14001:2015 environmental management system requirements[111]. - The company has conducted atmospheric quality testing around its facilities, confirming compliance with national air pollution standards[110]. Shareholder Commitments and Governance - The company committed to not transferring or entrusting the management of its shares for 36 months post-IPO, ensuring stable operations[115]. - The company has established a framework for managing share transfers to maintain market stability and investor confidence[118]. - The company guarantees that the content of the prospectus and other disclosures is true, accurate, and complete, and will compensate investors for any losses caused by false statements or omissions[124]. - The company has made commitments to avoid related party transactions that could harm its interests and to ensure fair treatment of all shareholders[132]. Financial Management and Fund Utilization - The total amount of funds raised from the initial public offering was ¥944 million, with a net amount of ¥865 million after deducting issuance costs, achieving a utilization rate of 89.62%[151]. - The company has utilized ¥170 million of idle raised funds for cash management as of June 30, 2022[160]. - The company plans to use up to ¥500 million of idle raised funds for cash management, ensuring it does not affect the construction and use of investment projects[160].

Financial Performance - The company's operating revenue for Q1 2022 was RMB 450,236,672.55, representing a 125.80% increase compared to the same period last year[6] - The net profit attributable to shareholders of the listed company reached RMB 136,551,955.45, an increase of 162.50% year-on-year[6] - The basic earnings per share for the period was RMB 2.53, reflecting a 160.82% increase compared to the previous year[6] - The net profit after deducting non-recurring gains and losses was RMB 66,112,380.33, primarily driven by increased operating revenue and government subsidies[10] - The company reported a total profit of ¥234,093,300.09 for Q1 2022, compared to ¥89,371,935.22 in Q1 2021, marking a growth of 162.5%[35] - The net profit for Q1 2022 reached CNY 203,262,040.84, compared to CNY 77,488,442.98 in Q1 2021, indicating an increase of about 162%[50] Research and Development - Research and development expenses totaled RMB 26,809,567.10, up 120.32% year-on-year, accounting for 5.95% of operating revenue[8] - Research and development expenses for Q1 2022 amounted to ¥26,809,567.10, increasing by 120.5% from ¥12,168,533.62 in Q1 2021[33] - Research and development expenses for Q1 2022 were CNY 26,735,756.55, up from CNY 12,168,533.62 in Q1 2021, reflecting an increase of approximately 120%[48] Cash Flow and Liquidity - The net cash flow from operating activities was RMB 161,637,904.56, indicating a significant increase in cash received from sales[16] - Cash flow from operating activities in Q1 2022 totaled ¥393,166,028.94, a substantial rise from ¥131,144,678.57 in Q1 2021[39] - The company's cash flow from operating activities generated a net amount of CNY 162,649,431.75, a turnaround from a negative cash flow of CNY -30,203,835.63 in Q1 2021[54] - The net cash flow from operating activities was $161,637,904.56, a significant improvement compared to a negative cash flow of $30,476,104.77 in the previous period, indicating a turnaround in operational efficiency[41] Assets and Liabilities - The total assets at the end of the reporting period were RMB 3,038,039,179.30, a 3.30% increase from the end of the previous year[8] - Total assets increased to RMB 3,038.04 million from RMB 2,940.86 million, representing a growth of about 3.33%[27] - The total liabilities decreased to RMB 920.13 million from RMB 1,049.77 million, a reduction of approximately 12.38%[29] - The company's equity attributable to shareholders increased to RMB 2,113.27 million from RMB 1,891.09 million, reflecting a growth of about 11.74%[29] - The total assets increased to $3,034,292,442.81 from $2,941,493,666.98, reflecting a growth of approximately 3.15%[46] - The total liabilities decreased to $919,678,075.89 from $1,049,656,917.24, showing a reduction of about 12.4%[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,144[17] - The company's retained earnings increased to RMB 851.82 million from RMB 649.16 million, indicating a growth of approximately 31.14%[29] Future Outlook - The company plans to continue its market expansion and enhance its product development strategies in the upcoming quarters[49]

Financial Performance - In 2021, the company's operating income reached approximately CNY 1.34 billion, representing a growth of 213.72% compared to the previous year[29]. - The net profit attributable to shareholders was approximately CNY 501.1 million, an increase of 197.25% year-over-year[29]. - The net profit after deducting non-recurring gains and losses was approximately CNY 459.8 million, reflecting a growth of 215.31% compared to the previous year[29]. - The total assets at the end of 2021 amounted to approximately CNY 2.94 billion, a significant increase of 98.06% from the previous year[29]. - The net assets attributable to shareholders increased by 46.29% year-over-year, reaching approximately CNY 1.89 billion[29]. - The net cash flow from operating activities was approximately CNY 66.8 million, up 61.99% from the previous year[29]. - The basic earnings per share for 2021 was CNY 6.2585, a rise of 166.07% compared to 2020[29]. - The company achieved a revenue of 1.5 billion in 2021, representing a year-over-year growth of 15%[176]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in the last fiscal year, representing a growth of 15% year-over-year[179]. Research and Development - The company invested 64.97 million yuan in R&D, an increase of 87.60% year-on-year, focusing on carbon-based composite materials and expanding applications in hydrogen energy and high-purity materials[42]. - The company invested a total of 64.97 million yuan in R&D during the reporting period, representing an increase of 87.60% compared to the previous year[58]. - The number of R&D personnel increased to 62, up 55.00% compared to the previous period[58]. - The company holds a total of 132 patent applications, with 97 patents granted, including 34 invention patents[70]. - The company has developed a carbon/ceramic composite preparation method that is cost-effective and has a short production cycle[66]. - The company has successfully developed competitive advanced carbon-based composite materials, achieving large-scale industrialization in the silicon manufacturing thermal field[80]. - The company is committed to strengthening its talent pool in carbon-based materials and related fields to support continuous technological innovation[154]. Market Expansion and Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[41]. - The management highlighted a focus on strategic acquisitions to enhance competitive positioning in the market[41]. - The company aims to enhance its position as a platform company in new materials by diversifying product development and market expansion strategies[42]. - The company is actively exploring new applications for carbon-based materials in third-generation semiconductor silicon carbide thermal fields and hydrogen fuel cell carbon paper[90]. - The company plans to accelerate the construction of advanced carbon-based composite materials production capacity to maintain its competitive advantage in the photovoltaic industry[151]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 100 million allocated for potential deals[176]. Governance and Compliance - The board of directors has confirmed the authenticity, accuracy, and completeness of the annual report[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[11]. - The company has not violated decision-making procedures for external guarantees[11]. - The company disclosed information in accordance with the Shanghai Stock Exchange regulations, ensuring transparency and equal access to information for all shareholders[161]. - The company held 3 shareholder meetings in 2021, reviewing 27 proposals, ensuring compliance with legal regulations and protecting minority shareholders' rights[156]. - The company has not been subject to penalties from securities regulatory agencies in the past three years[190]. Risks and Challenges - The company is subject to a forward-looking statement risk declaration, indicating that future plans and strategies do not constitute a substantive commitment to investors[8]. - The company faces risks related to fluctuations in raw material prices, particularly carbon fiber, natural gas, and electricity[92]. - There is uncertainty regarding the fulfillment of long-term cooperation framework agreements with partners, which may affect sales performance[93]. - The ongoing pandemic poses risks to the company's production and operations if not fully controlled[95]. - The company faces risks related to the inability to digest new production capacity if market conditions change unfavorably[91]. Product Development and Innovation - The company is developing a series of ultra-large size thermal field components of 40 inches and above to meet the growing demands of the photovoltaic industry[59]. - The company has introduced ultra-high purity thermal field components to enhance the quality of silicon manufacturing[59]. - The company has developed a new large-size carbon/carbon composite heater technology, extending the heater's lifespan and improving performance[66]. - The company has developed a new monitoring system for high-temperature heat treatment equipment, enhancing operational efficiency and reducing production safety risks[76]. - The company has established a key technology for the preparation of ultra-large carbon-based composite insulation tubes, addressing the size limitations in high-temperature thermal field systems[75]. Shareholder Information - The total number of shares held by the chairman and chief scientist, Liao Jiqiao, remained unchanged at 10,628,950 shares throughout the reporting period[169]. - The total number of shares held by the general manager, Wang Bingquan, increased by 266,000 shares due to equity incentives and non-trade transfers[169]. - The total pre-tax remuneration for the chairman, Liao Jiqiao, was 1.3855 million yuan[169]. - Total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to CNY 8.597 million[189].

Financial Performance - The company's operating revenue for Q3 2021 was ¥375,905,061.01, representing a year-on-year increase of 264.27%[8] - The net profit attributable to shareholders for Q3 2021 was ¥130,427,602.20, reflecting a year-on-year increase of 220.01%[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥118,902,596.89, an increase of 246.67% year-on-year[8] - The basic earnings per share for Q3 2021 was ¥1.63, up 175.52% compared to the same period last year[11] - Total revenue for the first three quarters of 2021 reached ¥888,002,554.59, a significant increase from ¥288,355,225.66 in the same period of 2020, representing a growth of approximately 208.5%[37] - Net profit for the third quarter of 2021 was ¥334,422,871.87, up from ¥114,273,999.06 in the same quarter of 2020, reflecting a growth of approximately 192.5%[43] - The total comprehensive income attributable to the parent company reached ¥334,422,871.87, compared to ¥114,273,999.06 in the previous year, reflecting a significant increase[46] - Basic earnings per share (EPS) increased to ¥4.18 from ¥1.66 year-over-year, indicating strong profitability growth[46] Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥2,448,345,662.12, a 64.89% increase from the end of the previous year[11] - The company's total equity attributable to shareholders at the end of Q3 2021 was ¥1,684,985,578.54, a 30.35% increase from the end of the previous year[11] - Total liabilities amounted to ¥763,360,083.58, compared to ¥192,183,062.84 in the previous year, indicating a significant rise[37] - Non-current assets totaled ¥824,121,945.85, a substantial increase from ¥390,041,769.89 year-on-year[35] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date was -¥65,716,102.83, a decrease of 247.78% year-on-year[11] - Cash inflow from investment activities totaled ¥753,386,174.15, while cash outflow was ¥1,131,734,794.86, resulting in a net cash flow of -¥378,348,620.71 from investments[49] - The company reported a net increase in cash and cash equivalents of ¥119,175,793.06, compared to ¥36,361,893.42 in the previous year[51] - Total cash and cash equivalents at the end of the period amounted to ¥266,499,545.65, up from ¥46,348,787.45 year-over-year[51] - The company received ¥741,500,000.00 in cash from investment recoveries, an increase from ¥669,700,000.00 in the previous year[49] - Cash received from other financing activities was ¥595,661,000.00, contributing to a total cash inflow from financing activities of ¥603,611,000.00[49] Shareholder Information - As of September 30, 2021, the total number of ordinary shareholders was 8,418, with the largest shareholder, Liao Jiqiao, holding 10,628,950 shares, representing 13.25% of the total[23] - The top ten shareholders collectively hold 18.82% of the company's shares, with Liao Jiqiao and Yiyang Rongsheng Management Consulting Center (Limited Partnership) identified as acting in concert[28] - The company reported no significant pledges or freezes on shares among the top shareholders[25] - The total number of preferred shareholders with restored voting rights was not specified, indicating a focus on ordinary shareholders[23] Research and Development - Research and development expenses for Q3 2021 amounted to ¥19,571,757.87, a 119.10% increase year-on-year[11] - Research and development expenses for the third quarter of 2021 were ¥47,512,406.91, compared to ¥25,235,516.76 in the same quarter of 2020, showing an increase of approximately 88.0%[40] Operational Metrics - The weighted average return on equity for Q3 2021 was 8.15%, an increase of 4.83 percentage points compared to the same period last year[11] - The company's cash and cash equivalents increased to ¥266,499,545.65 from ¥147,323,752.59 in the previous year, reflecting a growth of approximately 80.9%[31] - Accounts receivable rose significantly to ¥375,764,437.44 from ¥97,527,464.46, marking an increase of about 285.5% year-over-year[31] - Inventory levels surged to ¥241,296,812.50, compared to ¥47,308,792.49 in the previous year, indicating a growth of approximately 410.5%[31] - The total current assets amounted to ¥1,624,223,716.27, up from ¥1,094,812,289.63, representing an increase of around 48.4%[31] - The company's fixed assets increased to ¥466,368,920.39 from ¥246,049,265.26, showing a growth of approximately 89.5%[31] Dividend and Returns - The company paid ¥39,568,552.50 in dividends and interest, compared to ¥19,554,057.50 in the previous year, indicating increased returns to shareholders[49]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥512,097,493.58, representing a 176.57% increase compared to ¥185,162,096.61 in the same period last year[27]. - The net profit attributable to shareholders for the same period was ¥203,995,269.67, up 177.48% from ¥73,516,471.51 year-on-year[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥188,828,415.26, reflecting a 207.89% increase from ¥61,330,086.42 in the previous year[27]. - Basic earnings per share for the first half of 2021 were ¥2.55, up 119.83% from ¥1.16 in the same period last year[27]. - The company's total assets at the end of the reporting period were ¥1,769,678,246.68, a 19.18% increase from ¥1,484,854,059.52 at the end of the previous year[27]. - The net assets attributable to shareholders increased by 17.58% to ¥1,519,942,223.69 from ¥1,292,670,996.68 at the end of the previous year[27]. - The company's cash flow from operating activities showed a net outflow of ¥7,104,337.14, a decrease of 128.29% compared to a net inflow of ¥25,114,495.62 in the same period last year[27]. Research and Development - The company's R&D expenditure as a percentage of operating revenue was 5.46%, down 3.34 percentage points from 8.80% in the previous year[27]. - R&D investment totaled ¥27,940,649.04, a 71.39% increase compared to the previous period, with R&D expenses accounting for 5.46% of operating revenue[55]. - The number of R&D personnel increased to 54, representing 13% of the total workforce, up from 12% in the previous period[65]. - The average salary of R&D personnel rose to RMB 160,557.77, compared to RMB 134,600.87 in the previous period[65]. - The company has filed for 114 patents, with 68 granted, reflecting its commitment to innovation[55]. - The company developed a rapid chemical vapor deposition technology that reduces densification cycle to less than 300 hours, significantly below the industry average[51]. - The new large-scale chemical vapor deposition furnace technology improved production efficiency by 40% and reduced unit energy consumption by 30%[51]. Market Position and Strategy - The company holds a market share of over 30% in the advanced carbon-based composite materials for silicon manufacturing, positioning it as a leading supplier in the industry[43]. - The company has established stable partnerships with major photovoltaic manufacturers, enhancing its market recognition and customer loyalty[45]. - The photovoltaic industry is entering a fully grid-parity era, with significant growth potential as renewable energy utilization is expected to increase rapidly in China, driven by global climate change and the depletion of fossil fuels[40]. - The company is focused on diversifying its advanced carbon-based composite materials applications, aligning with the trend towards larger diameter and lower-cost silicon manufacturing[48]. - The company is focused on expanding its market presence while adhering to share transfer restrictions[120]. Corporate Governance and Compliance - The board of directors and supervisory board members confirm the accuracy and completeness of the financial report[4]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures for providing guarantees[9]. - The company has not disclosed any special arrangements for corporate governance[8]. - The company has committed to not transferring shares for 36 months from the date of listing, with specific conditions related to share price performance[110]. - The company has established a commitment to maintain stable operations and disclose control arrangements if any share reductions occur post-lock-up[110]. - The company has committed to a lock-up period of 12 months from the date of listing, during which no shares will be transferred or managed by others[118]. Environmental Responsibility - The company has not reported any environmental penalties during the reporting period and has implemented necessary environmental protection measures[104]. - The company has established an environmental management system in compliance with ISO14001 standards to enhance its environmental and safety management[105]. - The company does not belong to heavily polluting industries and has effectively controlled emissions during its operations[104]. Shareholder Relations - The company plans to distribute cash dividends of 5 RMB per 10 shares, totaling an estimated 40 million RMB based on a total share capital of 80 million shares as of June 30, 2021[7]. - The company has implemented a second equity incentive plan to attract and retain core management and technical talents, enhancing team cohesion and competitiveness[73]. - The company has committed to a profit distribution policy that emphasizes reasonable returns to shareholders while ensuring sustainable development[145]. - The company has pledged to implement a profit distribution plan that aligns with its articles of association and to encourage relevant parties to propose profit distribution plans[148]. Financial Management - The total amount of raised funds is CNY 865,272,075.47, with a cumulative investment amount of CNY 629,579,195.18[173]. - The advanced carbon-based composite material capacity expansion project has a committed investment of CNY 229,310,000.00, with an investment progress of 92.03%[173]. - The company has approved the use of idle raised funds for cash management, with a balance of ¥95 million as of the reporting date, indicating effective liquidity management[175]. - The company plans to permanently supplement working capital with excess raised funds amounting to ¥15 million, enhancing financial stability[175].

Financial Performance - Operating revenue for the period was ¥199,392,436.78, representing a significant increase of 117.88% year-on-year[11]. - Net profit attributable to shareholders was ¥77,205,028.76, an increase of 86.86% compared to the same period last year[11]. - Basic earnings per share increased to ¥0.97, up 40.58% from ¥0.69 in the same period last year[11]. - The company reported a significant increase in retained earnings, rising to ¥315,517,928.73 from ¥238,312,899.97, a growth of about 32.4%[36]. - Total operating revenue for Q1 2021 reached ¥199,392,436.78, a significant increase of 117.7% compared to ¥91,514,929.02 in Q1 2020[46]. - Net profit for Q1 2021 was ¥77,205,028.76, representing a 86.8% increase from ¥41,318,073.74 in Q1 2020[48]. - The total profit for Q1 2021 was CNY 89,655,349.44, compared to CNY 48,609,498.52 in Q1 2020, reflecting an increase of approximately 84.5%[55]. Cash Flow - The net cash flow from operating activities was -¥30,476,104.77, a decrease of 213.40% compared to the previous year[11]. - Operating cash flow turned negative at RMB -30,476,104.77 compared to RMB 26,874,758.44, mainly due to increased cash payments for goods and services[28]. - Cash inflow from operating activities totaled CNY 131,144,678.57 in Q1 2021, compared to CNY 75,440,575.56 in Q1 2020, indicating a year-over-year increase of approximately 73.8%[59]. - Cash outflow from operating activities totaled $161,348,324.92, compared to $48,565,817.12 in the previous year, indicating a significant increase[63]. - The net cash flow from operating activities was -$30,203,835.63, a decline from $26,874,758.44 year-over-year[63]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,530,099,455.47, an increase of 3.05% compared to the end of the previous year[11]. - Total current assets decreased to RMB 1,046,682,407.27 from RMB 1,094,812,289.63[31]. - Non-current assets, particularly construction in progress, increased by 39.02% to RMB 101,758,756.78 from RMB 73,199,661.12, due to infrastructure and equipment investments[25]. - Total liabilities decreased to ¥154,984,672.94 from ¥192,183,062.84, indicating a decline of about 19.3%[36]. - Current liabilities decreased to ¥121,160,465.79 from ¥159,000,077.89, a reduction of approximately 23.7%[34]. Shareholder Information - The total number of shareholders at the end of the reporting period was 5,372[20]. - The top shareholder, 廖寄乔, held 10,628,950 shares, representing 13.29% of the total shares[20]. Research and Development - Research and development expenses accounted for 6.10% of operating revenue, a decrease of 2.66 percentage points compared to the previous year[11]. - Research and development expenses increased by 51.85% to RMB 12,168,533.62 from RMB 8,013,502.22, reflecting new R&D projects[28]. - Research and development expenses in Q1 2021 totaled ¥12,168,533.62, an increase of 52.0% from ¥8,013,502.22 in Q1 2020[46]. Inventory and Receivables - Accounts receivable rose by 46.21% to RMB 142,591,250.97 from RMB 97,527,464.46, driven by increased operating revenue[25]. - Inventory increased by 100.26% to RMB 94,741,565.37 from RMB 47,308,792.49, attributed to expanded production capacity[25]. - Deferred income tax assets rose to ¥8,065,364.95 from ¥6,741,886.90, an increase of approximately 19.6%[40].

Financial Performance - The company reported a distributable profit of ¥180,145,257.22 as of June 30, 2020, with a cash dividend of ¥2.5 per 10 shares, totaling ¥20 million distributed to shareholders[7]. - The company's operating revenue for 2020 was approximately ¥426.47 million, representing a year-over-year increase of 78.05% compared to ¥239.52 million in 2019[29]. - The net profit attributable to shareholders for 2020 was approximately ¥168.58 million, a significant increase of 117.03% from ¥77.67 million in 2019[29]. - The net cash flow from operating activities for 2020 was approximately ¥41.24 million, a turnaround from a negative cash flow of ¥6.14 million in 2019[29]. - The total assets at the end of 2020 reached approximately ¥1.48 billion, an increase of 340.72% compared to ¥336.92 million at the end of 2019[29]. - The company's net assets attributable to shareholders increased to approximately ¥1.29 billion, reflecting a growth of 378.77% from ¥269.99 million in 2019[29]. - The basic earnings per share for 2020 was ¥2.35, up 78.79% from ¥1.32 in 2019[29]. - The company reported a significant increase in non-operating income, totaling RMB 22,736,824.46 in 2020, compared to RMB 14,313,132.86 in 2019, reflecting a year-over-year growth of approximately 59.5%[39]. - The company's trading financial assets increased from RMB 57,000,000.00 at the beginning of the year to RMB 574,000,000.00 by year-end, marking a substantial increase of RMB 517,000,000.00[39]. - The company achieved a significant increase in cash and cash equivalents, growing by 1,375.17% compared to the beginning of the year, primarily due to the public offering of shares and the increase in raised funds[88]. Dividend Policy - The board of directors approved a proposal not to distribute profits for the year to support sustainable and rapid development and to provide funding for business expansion[7]. - The company plans to distribute cash dividends of 2.5 RMB per 10 shares, totaling approximately 20,000,000 RMB (including tax) based on the total share capital of 80,000,000 shares as of June 30, 2020[151]. - In 2020, the company reported a net profit attributable to ordinary shareholders of 168,575,227.67 RMB, with a cash dividend payout ratio of 11.86%[152]. - The cash dividend policy emphasizes continuous and stable returns to investors while considering the company's sustainable development[150]. - The company has maintained a cash dividend distribution of 5 RMB per 10 shares in 2019, totaling 30,000,000 RMB (including tax), with a payout ratio of 38.62%[152]. - The company has not issued any stock dividends or capital reserve transfers in the past three years[152]. - The board of directors will consider the company's operational status and future investment plans when proposing profit distribution plans[150]. - The company has a policy to prioritize cash dividends and will only consider stock dividends if it aligns with growth and shareholder interests[150]. Operational Strategy - The company is focused on expanding its operational scale and maintaining long-term benefits for all shareholders[7]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth[31]. - The company is actively expanding its product applications in semiconductor, sealing, wear-resistant, and corrosion-resistant fields, although these efforts are still in the early stages[103]. - The company aims to enhance its competitive edge by focusing on R&D and market expansion in both domestic and international markets, particularly in the semiconductor and powder metallurgy sectors[144]. - The company is committed to improving its internal governance structure to enhance operational efficiency and support rapid growth[145]. - The company will actively expand its market presence and improve brand influence to increase market share[191]. Research and Development - The research and development expenditure as a percentage of operating revenue was 8.12% in 2020, down from 12.09% in 2019[31]. - The company has invested approximately ¥34.63 million in R&D during the reporting period, representing a 19.62% increase compared to the previous year[62]. - The company has achieved a cumulative total of 114 patent applications, with 89 patents granted, including 5 invention patents and 6 utility model patents in the current year[61]. - The company has developed several core technologies, including a new carbon fiber netting technology that reduces fiber damage and enables continuous production[51]. - The company has established a research and development center for advanced carbon-based composite materials to enhance its technological capabilities and protect its innovations through patents[145]. Market Trends and Opportunities - The global photovoltaic market added 130 GW of new installed capacity in 2020, with an average annual installation growth rate exceeding 50% during the "12th Five-Year Plan" period and 75% during the "13th Five-Year Plan" period[46]. - The company anticipates an average annual new photovoltaic installation of 70-90 GW during the "14th Five-Year Plan" period, driven by both policy guidance and market demand[46]. - The photovoltaic industry is expected to see a total new installed capacity of 350 GW to 450 GW over the next five years, reflecting a shift from policy-driven to economically driven growth[49]. - The company has identified a significant market opportunity as the photovoltaic industry transitions from policy-driven growth to economically driven stability, indicating a vast market potential[143]. - The company’s advanced composite materials are primarily used in the thermal field systems of monocrystalline silicon pulling furnaces, with demand driven by new installations, replacements, and upgrades[144]. Risk Management - The company has described potential risks in the "Discussion and Analysis of Operating Conditions" section, emphasizing the importance of investor awareness regarding investment risks[5]. - The company faces risks related to technological upgrades and potential competition from alternative materials in the photovoltaic industry[97]. - The company is exposed to risks from fluctuations in raw material and energy prices, including carbon fiber, natural gas, and electricity[103]. - The company faces risks related to high customer concentration, primarily relying on photovoltaic silicon manufacturing enterprises[103]. Corporate Governance - The company has committed to a 36-month lock-up period for major shareholders, during which they cannot transfer or manage their shares[159]. - The independent directors have confirmed that the proposed cash dividend plan for 2020 complies with relevant regulations and does not harm the interests of shareholders, especially minority shareholders[151]. - The company guarantees that the IPO prospectus and other disclosure materials are truthful, accurate, and complete, and will compensate investors for any losses due to misleading information[182]. - The company will publicly disclose any failure to fulfill commitments and apologize to shareholders, while also bearing legal responsibilities for any resulting losses[185]. - The company has established a commitment to maintain investor confidence and protect shareholder interests through various measures[185].

Financial Performance - Net profit attributable to shareholders was CNY 114,273,999.06, reflecting a growth of 61.79% year-on-year[17]. - Operating revenue for the first nine months was CNY 288,355,225.66, up 51.94% from the same period last year, driven by increased demand in the photovoltaic and semiconductor industries[19]. - Basic earnings per share rose to CNY 1.6588, a 37.91% increase compared to the previous year[17]. - Total operating revenue for Q3 2020 was ¥103,193,129.05, a significant increase from ¥67,973,882.83 in Q3 2019, representing a growth of approximately 51.9%[60]. - Net profit for Q3 2020 reached ¥40,757,527.55, compared to ¥23,905,015.64 in Q3 2019, reflecting a growth of approximately 70.6%[64]. - The total profit for Q3 2020 was ¥47,998,337.53, compared to ¥28,350,912.54 in Q3 2019, reflecting an increase of approximately 69.2%[64]. Cash Flow - The net cash flow from operating activities for the first nine months was CNY 44,467,642.20, a 65.05% increase compared to the previous year[17]. - Cash received from operating activities rose to ¥29,814,918.02, a significant increase of 110.81% due to higher sales and changes in cash collection methods[38]. - Cash flow from operating activities for the first three quarters of 2020 was ¥44,467,642.20, compared to ¥26,941,818.92 in the same period of 2019, reflecting a 65.0% increase[75]. - The net cash flow from financing activities was CNY 841,468,742.47 in Q3 2020, compared to -CNY 24,606,472.93 in Q3 2019, showing a positive turnaround[81]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,342,111,672.13, an increase of 298.35% compared to the end of the previous year[17]. - The company's total liabilities amounted to CNY 110,816,165.10, up from CNY 66,921,587.41, reflecting a year-over-year increase of about 65.7%[57]. - Current liabilities totaled CNY 100,371,567.87, an increase from CNY 63,058,551.60 in the previous year[50]. - The company's equity totaled CNY 269,996,128.54, with paid-in capital at CNY 60,000,000.00 and retained earnings of CNY 106,628,785.71[89]. Research and Development - Research and development expenses accounted for 8.75% of operating revenue, a decrease of 0.82 percentage points[19]. - R&D expenses reached ¥25,235,516.76, an increase of 38.97% driven by higher material and labor costs[38]. - Research and development expenses for Q3 2020 amounted to ¥8,932,672.63, compared to ¥4,903,430.96 in Q3 2019, showing an increase of approximately 82.5%[60]. Shareholder Information - The total number of shareholders reached 5,709, with the top ten shareholders holding a combined 56.57% of shares[28]. - The number of shares held by the top ten unrestricted shareholders was not specified, but they are significant stakeholders[28]. Investment and Expansion - The company plans to continue expanding its product offerings in the thermal field system series to meet growing market demand[19]. - The company is focusing on investment projects funded by the IPO, which are expected to generate economic benefits in the future[19]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[94].

2020 年第三季度报告 公司代码：688598 公司简称：金博股份 湖南金博碳素股份有限公司 2020 年第三季度报告 1 / 25 2020 年第三季度报告 一、 重要提示 二、 公司基本情况 11[ 重要事项 四、 附录 目录 2 / 25 2020 年第三季度报告 单位：元 币种：人民币 3 / 25 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 公司负责人廖寄乔、主管会计工作负责人周子嫄及会计机构负责人（会计主管人员）周子嫄 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 2.1 主要财务数据 | --- | --- | --- | --- | |-------------------------------------------------|------------------------------|------------------------------ ...