Financial Performance - The company's operating revenue for Q1 2023 was ¥89,222,029.77, representing a year-on-year increase of 27.17%[5] - The net profit attributable to shareholders for Q1 2023 was ¥6,957,674.91, showing a significant increase of 2725.91% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥4,941,924.02, an increase of 548.88% year-on-year[5] - The basic earnings per share for Q1 2023 was ¥0.04004, reflecting a dramatic increase of 2769.33% compared to the previous year[5] - Operating profit for Q1 2023 was ¥7,666,778.92, a significant recovery from a loss of ¥836,385.85 in Q1 2022[20] - Net profit for Q1 2023 reached ¥6,957,674.91, compared to a net loss of ¥264,962.75 in the same period last year[20] - Basic and diluted earnings per share for Q1 2023 were both ¥0.04004, a turnaround from a loss of ¥0.0015 per share in Q1 2022[21] - The company reported a total comprehensive income of ¥7,578,997.39 for Q1 2023, compared to a loss of ¥36,144.66 in Q1 2022[21] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥991,758,339.48, up 16.85% from the end of the previous year[6] - Total liabilities as of Q1 2023 amounted to ¥268,474,661.65, up from ¥131,551,665.84 in Q1 2022[19] - Total equity attributable to shareholders was ¥723,283,677.83, slightly increasing from ¥717,203,411.32 in Q1 2022[19] - The company's current assets totaled RMB 482,000,098.71, up from RMB 336,456,200.82 at the end of 2022, indicating a growth of about 43.2%[14] - The company's non-current assets totaled RMB 509,758,240.77, slightly down from RMB 512,298,876.34, indicating a decrease of about 0.3%[15] Cash Flow - The net cash flow from operating activities was -¥1,781,709.66, a decrease of 174.21% year-on-year, primarily due to increased procurement payments[9] - Cash inflow from operating activities for Q1 2023 was ¥71,209,747.08, compared to ¥68,814,162.78 in Q1 2022[22] - The net cash flow from operating activities was -$1,781,709.66, a decrease from $2,401,025.22 in the previous year, indicating a decline in operational performance[23] - Total cash outflow from operating activities amounted to $72,991,456.74, compared to $66,413,137.56 in the same period last year, reflecting an increase of approximately 8%[23] - The net cash flow from investment activities was -$10,474,249.38, compared to -$32,239,636.89 in the previous year, showing an improvement in investment cash flow[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,885[10] - The largest shareholder, Weisaibo Environmental Materials Holdings Limited, holds 60.79% of the shares[11] Research and Development - Research and development expenses totaled ¥6,758,891.98, accounting for 7.58% of operating revenue, which is an increase of 0.82 percentage points[6] - Research and development expenses increased to ¥6,758,891.98 in Q1 2023, up from ¥4,738,347.74 in Q1 2022, reflecting a focus on innovation[19] Other Financial Information - The company has not disclosed any new product developments or market expansion strategies in the current report[13] - There are no significant changes in the audit opinion type, as the financial statements are unaudited[13] - The total operating costs for Q1 2023 were ¥83,994,691.73, an increase from ¥71,028,483.53 in Q1 2022[19] - The company has not adopted new accounting standards or interpretations for the current year, maintaining consistency in financial reporting[24]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 31,378,366.40 for the year 2022[6]. - The company plans not to distribute profits for the 2022 fiscal year, with retained earnings carried forward to the next year[6]. - The company's operating revenue for 2022 was ¥308,048,369.97, a decrease of 18.76% compared to ¥379,186,008.35 in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥31,378,366.40, down 37.84% from ¥50,479,049.29 in 2021[22]. - The net profit after deducting non-recurring gains and losses was ¥26,254,924.08, a decline of 45.41% from ¥48,097,549.31 in 2021[22]. - The company's total assets increased by 8.74% to ¥848,755,077.16 at the end of 2022, compared to ¥780,518,511.86 at the end of 2021[22]. - The net assets attributable to shareholders rose by 4.80% to ¥717,203,411.32 at the end of 2022, up from ¥684,326,314.04 at the end of 2021[22]. - Basic earnings per share for 2022 were ¥0.1806, a decrease of 46.90% from ¥0.3401 in 2021[23]. - The company's comprehensive gross profit margin was 31.02%, a decline of 3.82 percentage points from 34.84% in the previous year[34]. - The net cash flow from operating activities was ¥37,081,172.95, a decline of 9.00% year-on-year, primarily due to reduced cash inflow from declining product sales[24]. Research and Development - The R&D expenditure as a percentage of operating revenue increased to 6.91% in 2022, compared to 6.27% in 2021[23]. - The company invested ¥21,301,200 in R&D in 2022, maintaining the same level as in 2021, and obtained 32 new patents, particularly in seawater desalination and lithium extraction fields[38][39]. - The company is focused on optimizing talent acquisition across R&D, sales, quality control, production, and management to support sustainable development[39]. - The company has developed specialized membranes for lithium extraction, addressing specific downstream needs in the industry[56]. - The company is currently working on several key projects, including a PE substrate RO membrane with an expected total investment of ¥1,400,000, which has reached the pilot testing stage[76]. - The company has applied for 64 invention patents and 35 utility model patents during the reporting period, with a total of 220 applied and 167 authorized patents by the end of the period[71]. Market Environment and Challenges - The overall macroeconomic downturn and shrinking market demand posed significant challenges to the company's business development in 2022[33]. - The company achieved operating revenue of ¥308,048,369.97, a year-on-year decrease of 18.76%, and a net profit attributable to shareholders of ¥31,378,366.40, down 37.84% from the previous year[34]. - The company faces risks related to technological upgrades and the potential for new product development to fall short of expectations, which could negatively impact performance[94][95]. - The company is exposed to high overseas sales ratios, which may be affected by global economic challenges and trade protectionism[97]. - Raw material prices have increased significantly, impacting cost control and gross margin stability[99]. - The company is vulnerable to exchange rate fluctuations, particularly as a significant portion of revenue is generated from exports[103]. Governance and Compliance - The company has a standard unqualified audit report issued by the accounting firm[5]. - The company has established a governance structure that complies with legal regulations, ensuring effective decision-making and protection of shareholder rights[158]. - The company strictly adhered to information disclosure obligations, ensuring accuracy and timeliness throughout the reporting period[167]. - A total of 3 shareholder meetings were held during the reporting period, with all resolutions passed without any being rejected[171]. - The company has maintained independence in operations and governance, with no major discrepancies from regulatory requirements[167]. Production and Sales Strategy - The production plan is customer order-driven, with a focus on maintaining a safety stock of finished products to enhance delivery speed and service quality[51]. - The sales strategy combines direct sales and distribution through strong partnerships with distributors, expanding market reach beyond China to North America and Europe[54]. - The company is committed to R&D, continuously improving product formulations and production processes to meet high-performance targets such as high desalination rates and low energy consumption[56]. - The company has developed a comprehensive product system for reverse osmosis and nanofiltration membranes since 2011, continuously improving product performance and production efficiency[68]. Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of A% and an expected EBITDA margin of B%[179]. - The company is focused on maintaining high-quality production standards and enhancing its manufacturing capabilities through automation and smart technology[154]. - The company plans to expand its production capacity by constructing a new facility capable of producing 300,000 composite material pressure tanks and 20,000 membrane element pressure vessels[147]. - The company aims to enhance its R&D capabilities by investing in advanced equipment and establishing a research center, focusing on customized membrane products for new application areas[152].

证券代码：688718 证券简称：唯赛勃 公告编号：2023-031 上海唯赛勃环保科技股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩暨现金分红说 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、准确性和完整性依法承担法律责任。 重要内容提示： 投资者可于 2023 年 5 月 4 日(星期四)至 5 月 10 日(星期三)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 investor@wave- cyber.com 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。 上海唯赛勃环保科技股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 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 11 日上午 11:00-12:00 举行 2022 年度暨 2023 年度第一季度业绩暨现金分红说明会，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 ...

（2021年度暨2022年度第一季度业绩暨现金分红说明会） 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 新闻发布会 路演活动 活动类别 现场参观 其他： 证券代码：688718 证券简称：唯赛勃 上海唯赛勃环保科技股份有限公司 投资者关系活动记录表 参与单位名 | --- | --- | |-----------------------|-------------------------------------------------------------------------------------------| | 称及人员 | 全体投资者均可通过网络互动的方式参加本次说明会 | | 时间 | 2022 年 05 月 13 日 ( 星期五 ) 上午 10:00-11:00 | | 形式 | 上证路演中心网络互动 | | 地点 | 上海证券交易所"上证路演中心"（网址： http://roadshow.sseinfo.com ） | | 上市公司接 待人员姓名 | 董事长：谢建新先生 总经理：周广朋先生 副总经理、董事会秘书 & 财务总监：李娟女士 | | | | | | 问答环节 Q ...

2022 年第三季度报告 证券代码：688718 证券简称：唯赛勃 上海唯赛勃环保科技股份有限公司 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 94,027,079.27 | 12.04 | 233,861,405.02 | -14.99 ...

Financial Performance - The company reported a significant increase in revenue for the first half of 2022, achieving a total of RMB 500 million, representing a growth of 25% year-over-year[1]. - The company's operating revenue for the first half of 2022 was ¥139,834,325.75, a decrease of 26.85% compared to the same period last year[20]. - The net profit attributable to shareholders decreased by 77.79% to ¥6,890,103.47, primarily due to a decline in operating revenue and rising raw material costs[23]. - The net cash flow from operating activities fell by 46.73% to ¥19,066,123.25, attributed to a significant drop in cash received from sales[23]. - Basic and diluted earnings per share decreased by 83.33% to ¥0.04, reflecting the substantial decline in net profit[22]. - The net profit after deducting non-recurring gains and losses fell by 81.91% to ¥5,303,393.36[20]. - The company reported a non-recurring loss of -10,723.05 and a government subsidy income of 1,689,223.33, resulting in a total non-recurring profit of 1,586,710.11 after tax adjustments[27]. - The company achieved operating revenue of ¥139,834,325.75, a year-on-year decrease of 26.85%[72]. - The net profit attributable to shareholders was ¥6,890,103.47, down 77.79% year-on-year[72]. Market Expansion and Strategy - The company has set a revenue guidance for the second half of 2022, projecting an increase of 20% to reach RMB 600 million[1]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[1]. - The sales strategy combines direct sales and distribution through dealers, expanding market reach beyond China to North America and Europe, leveraging strong relationships with capable distributors[45]. - The company is committed to expanding its market presence and enhancing its product portfolio through strategic initiatives and technological advancements[28]. Research and Development - Research and development investments have increased by 40%, focusing on innovative environmental solutions[1]. - Research and development expenses accounted for 7.47% of operating revenue, an increase of 1.56 percentage points from the previous year[22]. - The company emphasizes continuous R&D investment and technological innovation to meet the evolving demands of the market and improve product offerings[33]. - The company is currently working on 11 R&D projects with a total expected investment of ¥26,320,000, of which ¥7,136,615.92 has been invested to date[61]. - The company has applied for a total of 34 patents during the reporting period, including 4 invention patents and 30 utility model patents, bringing the total intellectual property to 153 items[53]. - The company has developed new products including low-temperature pre-treatment nanofiltration membranes and high-salt concentration membranes for lithium extraction from salt lakes[72]. Environmental Commitment - The management highlighted a strategic shift towards sustainable practices, aiming for a 50% reduction in carbon emissions by 2025[1]. - The company emphasizes its commitment to environmental protection and pollution prevention, continuously engaging in energy conservation and emission reduction efforts[104]. - The company has implemented measures to ensure that wastewater treatment meets local standards, with production wastewater being treated and discharged into municipal sewage systems[102]. - The company has established a comprehensive waste management strategy, including recycling and proper disposal of hazardous and non-hazardous waste[102]. - The company has committed to long-term environmental responsibility, with ongoing efforts to meet and exceed regulatory standards[104]. Operational Challenges - The company faced challenges due to domestic pandemic impacts and global market conditions, leading to a contraction in orders[23]. - The company faced risks related to raw material supply and price fluctuations, which adversely affected cost control and gross margin stability[75]. - The company faced challenges due to COVID-19, resulting in a two-month shutdown of its Shanghai production base[71]. - The company's operating revenue decreased by 26.85% compared to the same period last year, primarily due to short-term production halts caused by domestic COVID-19 impacts and a weak downstream market[79]. Corporate Governance and Shareholder Commitments - The board of directors confirmed that all financial reports are accurate and complete, ensuring transparency for investors[1]. - The company has a strict compliance record with commitments made by major shareholders and management regarding shareholding limits, ensuring timely fulfillment of these commitments[107]. - The company will comply with all relevant laws and regulations regarding shareholding and share changes[112]. - The company has established long-term commitments with major shareholders to support its development[110]. - The controlling shareholder commits to not interfering in the company's management and to take necessary measures to mitigate the dilution of immediate returns[139]. Financial Management and Investments - The total amount used for share repurchase in a single instance cannot exceed 20% of the audited net profit attributable to the parent company's shareholders from the previous fiscal year[125]. - The total amount for share repurchase in a single fiscal year cannot exceed 50% of the audited net profit attributable to the parent company's shareholders from the previous fiscal year[125]. - The company has established a fundraising management system to ensure effective use of raised funds for project construction, with ongoing supervision by the board[137]. - The company reported a total of 2,929.00 million yuan in cash management income during the reporting period[168]. - The average expected return rate for cash management products was 1.85% to 2.02%[168].

Financial Performance - The company's operating revenue for Q1 2022 was ¥70,161,169.01, representing a decrease of 25.62% compared to the same period last year[5] - The net profit attributable to shareholders was -¥264,962.75, a decline of 101.57% year-on-year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,100,943.45, down 106.72% from the previous year[5] - The net cash flow from operating activities was ¥2,401,025.22, a significant decrease of 89.29% compared to the same period last year[5] - Total operating revenue for Q1 2022 was ¥70,161,169.01, a decrease of 25.5% compared to ¥94,328,782.60 in Q1 2021[21] - Net profit for Q1 2022 was a loss of ¥264,962.75, compared to a net profit of ¥16,877,832.16 in Q1 2021, indicating a significant decline[23] - The company received cash from sales of ¥65,263,960.55 in Q1 2022, down from ¥108,645,235.02 in Q1 2021, indicating a decline in sales performance[26] - The basic and diluted earnings per share were both -¥0.0015, reflecting a decline of 101.15% year-on-year[6] - The basic and diluted earnings per share for Q1 2022 were both -¥0.0015, compared to ¥0.13 in Q1 2021, reflecting a downturn in profitability[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥759,861,900.82, a decrease of 2.65% from the end of the previous year[6] - As of March 31, 2022, the company's total assets amounted to ¥759,861,900.82, a decrease from ¥780,518,511.86 at the end of 2021, reflecting a decline of approximately 2.4%[16] - The company's current assets totaled ¥295,874,404.47, down from ¥351,220,180.59, indicating a decrease of about 15.7%[17] - The company's non-current assets totaled ¥463,987,496.35, an increase from ¥429,298,331.27, indicating a growth of about 8.1%[18] - The total liabilities included accounts payable of ¥23,221,103.57, down from ¥28,032,168.25, indicating a decrease of approximately 17.5%[18] - The company’s total liabilities decreased to ¥75,571,731.44 in Q1 2022 from ¥96,192,197.82 in Q1 2021, a reduction of 21.4%[20] - The total equity attributable to shareholders was ¥684,290,169.38 in Q1 2022, compared to ¥684,326,314.04 in Q1 2021, indicating stability in shareholder equity[20] Cash Flow - The company reported a cash flow from operating activities of ¥2,401,025.22 in Q1 2022, down from ¥22,411,790.25 in Q1 2021[27] - The net cash flow from investing activities was -$32,239,636.89, an improvement from -$41,096,069.61 in the previous year[28] - Cash inflow from financing activities totaled $61,529,971.19, with a net cash flow of -$15,000,000.00 compared to $25,416,859.46 in the prior year[29] - The net increase in cash and cash equivalents was -$44,981,492.45, contrasting with an increase of $7,375,562.16 in the previous year[29] - The ending balance of cash and cash equivalents was $85,233,978.41, down from $130,215,470.86 at the beginning of the period[29] - The company received cash from investment income amounting to $102,360.27, up from $94,472.21 year-over-year[28] - Total cash inflow from investment activities was $32,602,360.27, compared to $25,255,674.76 in the previous year[28] - Cash outflow for the acquisition of fixed assets and intangible assets was $36,841,997.16, down from $59,351,744.37 year-over-year[28] - The company paid $15,000,000.00 for debt repayment, a decrease from $35,200,000.00 in the previous year[29] - The impact of exchange rate changes on cash and cash equivalents was -$142,880.78, compared to a positive impact of $642,982.06 in the previous year[29] Research and Development - Research and development expenses totaled ¥4,738,347.74, accounting for 6.75% of operating revenue, an increase of 1.98 percentage points year-on-year[6] - Research and development expenses for Q1 2022 were ¥4,738,347.74, slightly up from ¥4,500,584.47 in Q1 2021, showing a focus on innovation[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 6,403[11] Other Information - The company experienced a decline in revenue due to delays in orders from major subsidiaries[9] - The company has not disclosed any new product developments or market expansion strategies in the current report[15] - The company did not apply the new accounting standards for the current year, indicating a continuation of previous accounting practices[29]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 50,479,049.29 in 2021[6]. - The profit distribution plan for 2021 is to not distribute profits, which has been approved by the board of directors[6]. - The company's operating revenue for 2021 was CNY 379,186,008.35, representing a year-over-year increase of 20.92% compared to CNY 313,595,097.19 in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 50,479,049.29, which is a 7.96% increase from CNY 46,758,480.63 in 2020[22]. - The net profit after deducting non-recurring gains and losses was CNY 48,097,549.31, reflecting a 16.55% increase from CNY 41,267,768.61 in 2020[22]. - The cash flow from operating activities for 2021 was CNY 40,750,098.39, a significant decrease from CNY 91,092,991.60 in 2020[22]. - The total assets at the end of 2021 were CNY 780,518,511.86, which is a 38.22% increase from CNY 564,682,033.71 at the end of 2020[22]. - The net assets attributable to shareholders increased by 58.62% to CNY 684,326,314.04 at the end of 2021, compared to CNY 431,424,854.36 at the end of 2020[22]. - The basic earnings per share for 2021 was CNY 0.3401, down 5.21% from CNY 0.3588 in 2020[23]. - The diluted earnings per share for 2021 was also CNY 0.3401, reflecting the same decrease of 5.21% from the previous year[23]. - The weighted average return on equity for 2021 was 9.33%, a decrease of 1.81 percentage points from 11.14% in 2020[23]. Risk Management - There are no significant risks that materially affect the company's operations during the reporting period[4]. - The company has disclosed potential risks related to forward-looking statements in its report[4]. - The company has a comprehensive risk description in the management discussion and analysis section[4]. - The company has not yet achieved profitability since its listing[4]. - The company has not violated decision-making procedures for external guarantees[4]. - There are no non-operational fund occupations by controlling shareholders or related parties[4]. Research and Development - The company continued to increase R&D investment, with R&D expenses accounting for 6.27% of operating revenue, a decrease of 0.51 percentage points year-on-year[24]. - Research and development expenses amounted to 23.7789 million yuan, a year-on-year increase of 11.77%, with 41 new patents obtained during the reporting period[34]. - The company has developed a high-performance seawater desalination membrane with a target water flux greater than 30 GFD and a salt rejection rate exceeding 99.8%[74]. - The company is investing $30 million in research and development for new technologies aimed at enhancing product offerings[161]. - The company has increased its R&D personnel from 72 to 82, representing 16.87% of the total workforce, up from 14.69%[83]. Market Expansion and Sales - The company achieved operating revenue of 379.186 million yuan, an increase of 20.92% year-on-year, and a net profit attributable to shareholders of 50.479 million yuan, up 7.96% year-on-year[34]. - The company has established four regional sales centers in China to enhance domestic market promotion and brand building, optimizing market structure and customer base[35]. - The company is actively pursuing market expansion through new product development and strategic partnerships in various sectors, including seawater desalination and industrial wastewater treatment[76]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025[161]. - The company improved its marketing capabilities, leading to significant growth in domestic market coverage and sales revenue[110]. Governance and Compliance - The board of directors consists of 8 members, including 3 independent directors, and held 7 meetings during the reporting period[147]. - The supervisory board is composed of 3 members, including 1 employee supervisor, and convened 6 meetings in the reporting period[147]. - The company has established performance evaluation and incentive mechanisms for directors, supervisors, and senior management[148]. - The company strictly adhered to information disclosure obligations, ensuring that all disclosed information was true, accurate, complete, timely, and fair[148]. - The company has maintained a transparent and independent governance structure, with no interference from the controlling shareholder in operational decisions[149]. Financial Position and Assets - The total assets of the company increased to 3 billion, up from 2.5 billion, indicating a growth of 20% in asset value[163]. - Cash and cash equivalents at the end of the period amounted to ¥130,748,392.19, representing 16.75% of total assets, a significant increase of 628.44% compared to the previous period[126]. - Accounts receivable increased by 32.75% year-on-year to ¥82,424,457.27, reflecting the company's expanded revenue scale[127]. - Inventory increased by 32.73% year-on-year to ¥84,629,748.43, driven by rising raw material prices and expanded revenue scale[127]. - The company's fixed assets net value increased by 22.34% year-on-year to ¥199,008,681.04, due to the completion of construction projects[128]. Challenges and Risks - The company faces risks related to technological upgrades, as its competitive advantage relies on continuous innovation in high-performance membrane technology; failure to adapt could lead to a decline in market position and profitability[90]. - The company is currently developing new product lines based on long-term strategic planning, but risks include potential delays in R&D progress or failure to meet commercialization expectations[91]. - The company has a high proportion of overseas sales, which exposes it to risks from trade protectionism and geopolitical instability that could negatively impact international market demand[92]. - Rising prices of key raw materials such as fiberglass and epoxy resin have adversely affected the company's cost control and gross margin stability[92]. - The company faces financial risks related to accounts receivable, as an increase in outstanding balances could lead to potential collection issues and impact overall performance[95].

Financial Performance - The company's operating revenue for Q3 2021 was ¥83,924,729.29, representing a year-on-year increase of 6.99%[4] - The net profit attributable to shareholders for Q3 2021 was ¥10,245,812.53, a decrease of 9.76% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥9,510,028.82, down 4.44% year-on-year[4] - Total operating revenue for the first three quarters of 2021 reached ¥275,088,004.24, an increase from ¥218,216,547.24 in the same period of 2020, representing a growth of approximately 26%[19] - Net profit for the third quarter of 2021 was ¥41,272,531.91, compared to ¥29,169,388.00 in the same quarter of 2020, reflecting a growth of approximately 42%[20] - The total comprehensive income attributable to the parent company for Q3 2021 was CNY 41,120,253.92, compared to CNY 28,799,182.59 in Q3 2020, representing an increase of approximately 43%[21] - Basic and diluted earnings per share for Q3 2021 were CNY 0.29, up from CNY 0.22 in Q3 2020, reflecting a growth of about 31.82%[21] Assets and Liabilities - The total assets at the end of the reporting period reached ¥772,131,570.91, an increase of 36.74% compared to the end of the previous year[5] - The company's total assets as of the third quarter of 2021 amounted to ¥772,131,570.91, up from ¥564,682,033.71 in the previous year, marking an increase of about 37%[18] - The company's total liabilities decreased to ¥96,412,735.81 in the third quarter of 2021 from ¥133,257,179.35 in the previous year, a reduction of about 28%[17] - Current assets totaled ¥343,158,556.40 in the third quarter of 2021, compared to ¥223,935,914.48 in the same period of 2020, representing a growth of approximately 54%[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 6,810[11] - The largest shareholder, Weisaibo Environmental Materials Holdings Limited, holds 60.79% of shares, totaling 105,630,070 shares[11] - The company has a total of 4,343,860 shares held under a strategic asset management plan with a 12-month lock-up period[13] - The company’s stock has been lent out, with 407,800 shares borrowed under margin trading, leaving a balance of 3,936,060 shares[13] Research and Development - Research and development expenses totaled ¥6,473,341.99, accounting for 7.71% of operating revenue, an increase of 0.75 percentage points[5] - Research and development expenses for the first three quarters of 2021 were ¥17,767,727.12, compared to ¥15,321,251.39 in 2020, indicating an increase of approximately 16%[19] Cash Flow - The cash flow from operating activities for the year-to-date period decreased by 56.89%, totaling ¥32,539,588.45[4] - Cash inflow from operating activities for the first nine months of 2021 was CNY 285,387,416.45, compared to CNY 236,708,227.71 in the same period of 2020, indicating an increase of approximately 20.5%[26] - Net cash flow from operating activities for the first nine months of 2021 was CNY 32,539,588.45, down from CNY 75,479,530.64 in the same period of 2020, showing a decline of about 57%[26] - Cash outflow from investing activities for the first nine months of 2021 totaled CNY 248,142,549.74, compared to CNY 99,023,498.52 in the same period of 2020, representing an increase of approximately 150.8%[27] - Net cash flow from financing activities for the first nine months of 2021 was CNY 183,478,531.76, compared to a negative cash flow of CNY 24,639,515.16 in the same period of 2020, indicating a significant turnaround[27] - The ending cash and cash equivalents balance as of September 30, 2021, was CNY 52,261,094.54, compared to CNY 38,558,208.36 at the end of Q3 2020, reflecting an increase of approximately 35.5%[27] Market Outlook - The company experienced a significant recovery in sales volume and gross margin as the impact of the pandemic gradually diminished[9] - The company plans to continue expanding its market presence and enhancing its product offerings in response to the recovering demand[9] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20] Other Information - The company has not reported any significant new product developments or market expansions in the current quarter[14] - There are no significant mergers or acquisitions reported during the period[14] - The company has not provided specific future guidance or performance outlook in the current report[14] - The company experienced a foreign exchange loss of CNY 87,349.15 in Q3 2021, compared to a loss of CNY 740,261.29 in Q3 2020, indicating improved currency stability[27]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, achieving a total of 1.2 billion RMB, representing a growth of 25% year-over-year[1]. - The company's operating revenue for the first half of 2021 was ¥191,163,274.95, representing a 36.76% increase compared to ¥139,775,294.93 in the same period last year[25]. - The net profit attributable to shareholders for the first half of 2021 was ¥31,026,719.38, a 74.15% increase from ¥17,815,844.38 year-on-year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 94.74%, reaching ¥29,309,205.73 compared to ¥15,050,358.61 in the previous year[28]. - The basic earnings per share for the first half of 2021 was ¥0.24, up 71.43% from ¥0.14 in the previous year[27]. - The weighted average return on equity increased by 2.66 percentage points to 6.94% compared to 4.28% in the same period last year[27]. - The company attributed its revenue growth to the gradual recovery from the pandemic and increased market sales efforts[28]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2021, which would represent a 30% increase from 2020[1]. - The company is expanding its market presence, targeting new regions in Southeast Asia, with plans to establish two new offices by the end of 2021[1]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase market share by 10%[1]. - The company aims to become an international leader in membrane separation technology, leveraging its proprietary technology and core intellectual property[33][40]. - The company is focusing on enhancing its market presence through strategic investments and potential acquisitions in the environmental technology sector[100]. Research and Development - The total R&D investment for the period was ¥11,294,385.13, representing a 14.58% increase compared to the previous period's ¥9,857,619.36[66]. - The company has established a comprehensive R&D system focused on developing new membrane materials and composite material equipment, driven by market demand and application goals[55]. - The company has successfully developed and can mass-produce 4 types of reverse osmosis membrane elements, with over 30 product specifications to meet diverse customer needs[44]. - The company has improved its production efficiency and product performance through ongoing process technology improvements and new product development[58]. - The company is committed to ongoing research and development to improve membrane performance and efficiency[70]. Product Development and Innovation - New product development includes the launch of a next-generation filtration system, expected to enhance efficiency by 20%[1]. - The company has developed a new membrane material with a water flux of ≥600 LMH/bar and a surface pore size of ≤50 nm, targeting municipal wastewater treatment[69]. - The company has completed the development of a new filter cartridge that integrates multiple filtration functions, enhancing user experience and product efficiency[71]. - The company is focusing on expanding its market presence by launching new products, including a combined water purification and coffee capsule machine, targeting diverse consumer needs[72]. - The integration of advanced filtration technologies is expected to improve market competitiveness and capture a larger market share[73]. Compliance and Risk Management - The report emphasizes the importance of compliance with regulatory requirements and the commitment to transparency in financial reporting[1]. - The company has identified potential risks in its operations and has outlined measures to mitigate these risks in the management discussion section of the report[1]. - The company faced risks related to high overseas sales proportion, with potential impacts from trade protectionism and geopolitical instability affecting international market demand[88]. - There is a risk of intensified market competition, particularly in reverse osmosis and nanofiltration membranes, which could affect market share and profitability if the company fails to maintain its technological edge[89]. - The company is exposed to risks from potential technology leaks and intellectual property violations, which could undermine its competitive advantage in the membrane separation technology industry[87]. Environmental and Social Responsibility - The company has implemented various pollution control measures, achieving compliance with environmental standards, including a dust emission of 6.00 tons per annum[112]. - The company has reported a total of 102,579.93 tons of wastewater discharge, which meets the municipal sewage discharge standards[112]. - The company has achieved a reduction in VOC emissions to 52.27 tons per annum, adhering to local regulatory requirements[112]. - The company emphasizes continuous innovation in providing advanced new material products to enhance energy conservation and emission reduction for downstream users[115]. Shareholder and Corporate Governance - The company has established a commitment to disclose any changes in shareholding status in a timely manner[123]. - The company will ensure timely reporting of any changes in shareholding by its directors and senior management[126]. - The company has outlined a three-year shareholder return plan post-IPO, focusing on sustainable and stable dividend decisions[150]. - The company plans to distribute cash dividends amounting to no less than 10% of the distributable profits attributable to shareholders in the consolidated financial statements for each of the next three years[152]. - The controlling shareholder has committed to not interfering in the company's management and to take necessary measures to mitigate the dilution of immediate returns[149].