Financial Performance - The company's operating revenue for 2022 was CNY 427,662,763.11, representing a 6.10% increase compared to CNY 403,071,232.94 in 2021[20]. - The net profit attributable to shareholders for 2022 was CNY 98,795,342.26, an increase of 11.40% from CNY 88,683,103.73 in 2021[20]. - The net cash flow from operating activities increased by 78.56% to CNY 168,131,867.03 in 2022, compared to CNY 94,162,494.68 in 2021[20]. - The total assets of the company as of the end of 2022 were CNY 882,757,313.88, a 17.32% increase from CNY 752,416,785.79 at the end of 2021[20]. - The net assets attributable to shareholders increased by 8.73% to CNY 659,161,697.37 at the end of 2022, compared to CNY 606,260,303.29 at the end of 2021[20]. - The basic earnings per share for 2022 were CNY 1.16, a decrease of 7.20% from CNY 1.25 in 2021[21]. - The weighted average return on equity for 2022 was 15.05%, down 6.02 percentage points from 21.07% in 2021[21]. - The company's gross profit margin decreased by 3.07 percentage points to 34.13% in 2022[117]. - Operating costs rose to CNY 281.69 million, marking an increase of 11.28% year-on-year[114]. Dividend Policy - The proposed cash dividend for 2022 is RMB 6.00 per 10 shares, totaling approximately RMB 51,264,480.00, which accounts for 51.89% of the net profit attributable to shareholders[5]. - The company maintains a cash dividend policy that requires at least 30% of the average distributable profit over the next three years to be distributed in cash[195]. - In the case of significant capital expenditures, the minimum cash dividend ratio is set at 40% for mature companies with major spending plans[195]. - The company has not made any adjustments to its established cash dividend policy during the reporting period[200]. - The company emphasizes a stable and continuous profit distribution policy, balancing long-term interests and sustainable development[195]. Research and Development - The company has focused on the development of Metal Injection Molding (MIM) technology, which is suitable for mass production of small and complex metal parts[18]. - The company is actively engaged in research and development of new materials and technologies to enhance its product offerings and market competitiveness[18]. - The company reported a total R&D expenditure of ¥21,101,549.60 in 2022, a decrease of 5.68% from ¥22,371,703.09 in the previous year[76]. - R&D expenditure accounted for 4.93% of total revenue, down from 5.55% in the previous year, indicating an 11.71% decline[76]. - The company has established a strong R&D capability with 14 invention patents and 20 utility model patents, contributing to its competitive advantage in technology innovation[88]. Market and Competition - The company is positioned to benefit from the rising demand for soft magnetic powder materials in the new energy sector, marking a new development phase[68]. - The domestic powder metallurgy industry is fragmented, with no dominant players, but increasing demand is expected to lead to consolidation in the future[61]. - The company faces market competition risks as new entrants may challenge its market share and profit levels[97]. - The company has a competitive edge with its dual expertise in carbonyl and atomization technologies, enhancing customer loyalty and market presence[66]. Operational Efficiency - The company adopts a "sales-driven production" model, organizing lean production based on customer orders and market demand[57]. - The company can respond quickly to customer needs, with a development cycle for new alloy materials as short as one month, compared to six months to a year for overseas competitors[93]. - The company has established multiple application laboratories to enhance product performance and provide comprehensive technical support to clients[93]. Governance and Compliance - The board of directors and management have ensured the authenticity, accuracy, and completeness of the annual report[5]. - The company has established a complete performance evaluation and incentive mechanism for its management and employees[164]. - The company ensures timely and accurate information disclosure through various designated media channels[164]. - The company has no penalties from securities regulatory agencies in the past three years[180]. Strategic Initiatives - The company aims to expand its market presence and explore potential mergers and acquisitions to drive growth[18]. - The company plans to continuously develop new products and technologies to enhance competitiveness in response to market changes[109]. - The company will focus on the mass production of soft magnetic powder for power applications, leveraging its expertise in producing fine powders under 10 microns[155]. - The company aims to become a globally influential brand in the micro-nano metal powder field by continuously optimizing its product structure and enhancing technological reserves[154].

证券代码：688786 证券简称：悦安新材 （2022 年 4 月） 江西悦安新材料股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |---------------|-----------------------------|---------------------------------------------------------------------------------------------------------------------------|---------| | | | 特定对象调研 □分析师会议 | | | 投资者关系 | □媒体采访 □业绩说明会 | | | | 活动类别 | □新闻发布会 | □路演活动 | | | | □现场参观 | | | | | □其他 | （请文字说明其他活动内容） | | | 参与单位名 | | 华安基金：陈淳、银行基金：方伟、景顺长城基金：李进、华夏久盈 资管：李晓杰、王德杉、国泰君安：魏雨迪、王宏玉、宝盈基金：朱 | | | 称及人员姓 名 | 中华保险：袁超 | 凯、博时基金：肖瑞瑾、上海慎知资产：李浩 ...

证券代码：688786 证券简称：悦安新材 （2022 年 5 月） | --- | --- | --- | |-------------------------|------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 特定对象调研 □分析师会议 | | | 投资者关系活 | □媒体采访 □业绩说明会 | | | 动类别 | □新闻发布会 | □路演活动 | | | □现场参观 | ...

（2022 年 6 月） 证券代码：688786 证券简称：悦安新材 江西悦安新材料股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------|--------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 特定对象调研 □分析师会议 | | ...

2022 年第三季度报告 证券代码：688786 证券简称：悦安新材 江西悦安新材料股份有限公司 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 单位：元 币种：人民币 | 项目 | 本报告期金额 | 年初至报告期末金额 | 说明 | | --- | --- | --- | --- | | 非流动性资产处置损益 | 696,633.73 | 312,520.98 | | | 越权审批，或无正式批准 | | | | | 文件，或偶发性的税收返 | | | | | 还、减免 | | | | | 计入当期损益的政府补 | | | | | 助，但与公司正常经营业 | | | | | 务密切相关，符 ...

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%[1]. - The company's operating revenue for the first half of 2022 was approximately CNY 232 million, representing a year-on-year increase of 32.47%[22]. - The net profit attributable to shareholders for the same period was approximately CNY 56 million, an increase of 25.89% compared to the previous year[23]. - The net profit after deducting non-recurring gains increased by 26.49% to approximately CNY 48 million[23]. - The company has set a revenue guidance of 1.2 billion CNY for the full year 2022, reflecting a growth target of 20%[1]. Profitability and Margins - The gross profit margin improved to 30%, up from 25% in the same period last year, indicating better cost management and pricing strategies[1]. - The basic earnings per share decreased by 5.71% to CNY 0.66, primarily due to a 33.33% increase in total shares outstanding after the IPO[24]. - The weighted average return on equity decreased by 4.75 percentage points to 8.84%[22]. User Growth and Market Expansion - User data showed an increase in active users by 20%, reaching 1 million users by the end of June 2022[1]. - Market expansion efforts include entering Southeast Asia, with an expected contribution of 5% to total revenue by the end of 2022[1]. - The company plans to launch two new products in Q3 2022, targeting a market expansion of 10% in the new segments[1]. Research and Development - Research and development expenses increased by 25% to 50 million CNY, focusing on advanced materials and technologies[1]. - R&D investment accounted for 4.64% of operating revenue, down from 6.33% in the previous year[22]. - The company has developed multiple core technologies, including high-efficiency exhaust gas absorption and recovery technology, which achieves a 100% absorption rate, leading to zero emissions and reduced production costs[52]. - The company filed 3 new invention patent applications during the reporting period, bringing the total number of invention patents to 25, with 15 granted[57]. Cash Flow and Liquidity - The company maintains a strong cash position with 200 million CNY in cash reserves, ensuring liquidity for ongoing operations and investments[1]. - The net cash flow from operating activities increased significantly by 167.10%, mainly due to higher cash receipts from sales[23]. - Cash and cash equivalents at the end of the period amounted to ¥225.13 million, representing 26.73% of total assets, a slight increase of 1.85% compared to the previous year[99]. Environmental and Regulatory Compliance - The company has implemented an ISO14001 environmental management system, successfully passing the audit on April 26, 2022, with a validity period until April 28, 2025[132]. - The company has established an industrial wastewater treatment facility with a capacity of 800 tons/day, achieving a comprehensive discharge compliance rate of 100% in the first half of 2022[125]. - The company has actively engaged in energy conservation and emission reduction strategies, including replacing fuel forklifts with electric ones and promoting carpooling among employees[138]. Shareholder Commitments and Governance - The company commits to a share lock-up period of 36 months from the date of stock listing for major shareholders, ensuring stability in shareholding[141]. - All commitments made by the actual controllers and shareholders have been fulfilled on time, indicating strong compliance with regulations[142]. - The company will disclose any share reduction plans 15 trading days prior to the first sale of shares[164]. Investment and Capital Expenditure - The total amount of raised funds is CNY 251,195,952, with a net amount after deducting issuance costs of CNY 213,258,146.11[199]. - The project for producing 6,000 tons of carbonyl iron powder is currently under construction[200]. - The cumulative investment of raised funds as of the reporting period is CNY 73,126,305.96, representing 34.29% of the total committed investment[200].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 103,698,599.68, representing a year-on-year increase of 34.92%[5] - The net profit attributable to shareholders for the same period was CNY 26,985,917.82, reflecting a growth of 63.51% compared to the previous year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21,042,406.90, an increase of 46.06% year-on-year[5] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.32, an increase of 23.08% compared to the same period last year[5] - The operating profit for Q1 2022 was 31,990,459.65 CNY, compared to 19,285,090.22 CNY in Q1 2021, indicating an increase of approximately 65.73%[20] - The company reported a total comprehensive income of 27,717,594.91 CNY for Q1 2022, compared to 17,412,488.93 CNY in Q1 2021, reflecting an increase of approximately 59.00%[21] Cash Flow and Investments - The net cash flow from operating activities was CNY 24,804,720.54, showing a decrease of 8.93% compared to the same period last year[5] - The company reported a net cash outflow from investing activities of -28,973,005.46 CNY in Q1 2022, compared to -10,506,472.18 CNY in Q1 2021[24] - The cash and cash equivalents at the end of Q1 2022 totaled 221,395,577.85 CNY, a decrease from 43,256,388.58 CNY at the end of Q1 2021[24] Assets and Liabilities - The total assets at the end of the reporting period were CNY 796,332,742.48, which is a 5.84% increase from the end of the previous year[6] - Current assets as of March 31, 2022, totaled RMB 575,195,877.26, up from RMB 552,352,673.80 at the end of 2021, reflecting a growth of approximately 4%[16] - Total liabilities as of March 31, 2022, were RMB 153,704,240.76, compared to RMB 137,687,602.32 at the end of 2021, indicating an increase of approximately 11.6%[18] - Non-current liabilities rose to RMB 68,410,497.58 from RMB 57,988,520.09, reflecting an increase of around 17.4%[18] - The company's retained earnings increased to RMB 183,445,407.82 from RMB 156,459,490.00, showing a growth of approximately 17.3%[18] Research and Development - The company's R&D investment totaled CNY 5,063,750.74, down 15.54% year-on-year, with R&D expenses accounting for 4.88% of operating revenue[6] - The company incurred research and development expenses of 5,063,750.74 CNY in Q1 2022, compared to 5,995,374.21 CNY in Q1 2021, indicating a decrease of about 15.56%[20] Market Strategy - The company reported a net profit margin improvement due to increased revenue and effective cost management strategies[19] - The company plans to focus on expanding its market presence and investing in new product development in the upcoming quarters[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 4,396[12]

Financial Performance - The company's operating revenue for 2021 was CNY 401,414,514, representing a 56.56% increase compared to CNY 256,404,776.81 in 2020[22]. - The net profit attributable to shareholders of the listed company increased by 70.98% to CNY 88,616,492.16 in 2021 from CNY 51,827,635.92 in 2020[22]. - The net profit after deducting non-recurring gains and losses was CNY 78,449,890.79, a 94.73% increase from CNY 40,285,872.29 in the previous year[22]. - The net cash flow from operating activities was CNY 94,162,494.68, a significant recovery from a negative cash flow of CNY -17,676,676.40 in 2020[22]. - Total assets at the end of 2021 reached CNY 752,416,785.79, up 92.06% from CNY 391,770,394.90 at the end of 2020[22]. - The net assets attributable to shareholders of the listed company increased by 98.45% to CNY 606,260,303.29 from CNY 305,491,590.90 in 2020[22]. - Basic earnings per share rose to 1.24 CNY, reflecting a 53.09% increase compared to 2020[24]. - The gross profit margin improved to 37.35%, up by 1.51 percentage points compared to the previous year[107]. - The company reported a net profit margin of 18%, up from 15% in the previous year[163]. Dividend Distribution - The proposed profit distribution plan for 2021 includes a cash dividend of RMB 6.00 per 10 shares, totaling approximately RMB 51,264,480.00, which accounts for 57.85% of the net profit attributable to shareholders[7]. - The company will not conduct capital reserve transfers to increase share capital or issue bonus shares for the 2021 fiscal year[7]. - The company has a cash dividend policy that aims to distribute at least 30% of the average distributable profit over the next three years in cash[183]. - There were no adjustments made to the cash dividend policy during the reporting period[188]. Research and Development - The company achieved a total R&D investment of ¥22,450,069.64 in the current year, representing a 36.52% increase compared to ¥16,444,992.94 in the previous year[69]. - R&D investment accounted for 5.59% of total revenue, a decrease of 0.82 percentage points from the previous year's 6.41%[69]. - The company has developed multiple core technologies, including low-temperature high-flow non-crystalline powder preparation technology, which is now in mass production and considered industry-leading[64]. - The company has completed research on 44 R&D projects, with 7 concluded and 37 ongoing, focusing on high-performance materials for emerging applications such as 3D printing and soft magnetic materials[78]. - The company is focusing on the development of soft magnetic powder materials for electrical applications, which requires extensive testing and development efforts[70]. Market and Industry Trends - The domestic powder metallurgy industry is fragmented, with no dominant players, and is expected to undergo consolidation as demand for powder materials increases[53]. - The market for metal powders, including carbonyl iron powder and atomized alloy powder, is anticipated to grow due to advancements in powder metallurgy technology and applications in high-end markets[54]. - The growth of 5G, IoT, and new energy sectors is projected to drive rapid expansion in the powder materials market, particularly in high-end consumer electronics and automotive applications[59]. - The company is actively participating in various domestic and international trade shows to explore market conditions and identify potential customers[51]. Operational Efficiency - The company has optimized its product structure, increasing the shipment proportion of high value-added products, resulting in profit growth outpacing revenue growth[35]. - The company is enhancing its production processes to ensure product quality stability, aiming to reduce batch-to-batch differences in powder products[39]. - The company aims to improve production efficiency with new equipment, increasing single furnace capacity by over 100%[76]. - The company is accelerating its automation transformation to improve product quality stability and reduce human error in the quality system[150]. Corporate Governance - The company has established a sound corporate governance structure, including a board of directors, independent directors, and a supervisory board, ensuring effective internal control and management[191]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal requirements[154]. - The company has strengthened its internal control system to improve risk prevention capabilities and operational standards[155]. - The company actively engages with shareholders and investors, ensuring fair treatment and safeguarding their rights[156]. Environmental Responsibility - The company is classified as a key pollutant discharge unit by environmental protection authorities, indicating its commitment to environmental regulations[197]. - The company has established a 2000 cubic meter wastewater treatment facility, ensuring that wastewater meets national discharge standards before entering the industrial park's sewage treatment system[200]. - The company actively promotes ESG initiatives, integrating them into its corporate culture to support sustainable development[195]. - The company has implemented a dual-channel promotion path and stock incentive mechanism to motivate employees and enhance productivity[196]. Employee Management - The company has a total of 68 R&D personnel, accounting for 14.81% of the total workforce, a decrease from 17.63% in the previous year[81]. - The average salary of R&D personnel increased to CNY 12.97 million, up from CNY 9.76 million in the previous period[81]. - The company has developed an annual training plan to enhance employee skills and align with strategic development needs[181]. - The company has no plans for labor outsourcing, indicating a focus on internal workforce management[182].

2021 年第三季度报告 证券代码：688786 证券简称：悦安新材 江西悦安新材料股份有限公司 2021 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 报表信息的真实、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 | 年初至报告期末 | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 128,505,133.97 | 48.84 | 303,663,2 ...