证券代码：000420 证券简称：吉林化纤 公告编号：2023-23 吉林化纤股份有限公司 关于归还暂时用于补充流动资金的闲置募集资金的公告 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、准确性和完整性承担个别及连带责任。 2023 年 8 月 8 日，公司将上述用于暂时补充流动资金的 11,000 万元全部归还至募集 资金专户，该笔资金使用期限未超过十二个月。公司已将上述募集资金的归还情况告知 了保荐机构及保荐代表人。 特此公告！ 吉林化纤股份有限公司董事会 二〇二三年八月八日 吉林化纤股份有限公司（以下简称"公司"）于 2022 年 8 月 16 日经第九届董事会 第三十二次会议审议通过《关于使用部分闲置募集资金暂时补充流动资金的议案》，同意 公司使用闲置募集资金 11,000 万元暂时补充流动资金，使用期限不超过十二个月。具体 内容详见公司 2022 年 8 月 17 日在巨潮资讯网（www.cninfo.com.cn）、《证券时报》、《证 券日报》、《中国证券报》披露的《关于使用部分闲置募集资金暂时补充流动资金的公告》 （公告编号：2022-64 ...

证券代码： 000420 证券简称：吉林化纤 吉林化纤股份有限公司投资者关系活动记录表 编号：2023- 您好，国兴碳纤维为化纤集团控股子公司，公司控股股东需 依法依规、积极推进符合自身情况的碳纤维产业布局，同时公司 也将严格按照相关法律法规和监管要求履行信息披露义务。感谢 您的关注！ 3、吉林化纤集团业绩和吉林化纤股份业绩有何区别？ 您好，吉林化纤股份是吉林化纤集团的控股子公司，二者独 立核算。谢谢！ 4、吉林化纤以后规划的是新材料碳纤维，公司生产的主要 以 T300 通用型为主，但是通用型碳纤维扩产比较多，利润较低， 今年价格也是一路走低，以后可能会面临产能过剩。公司有没有 考虑过向技术性更高的高性能碳纤维延伸，同为大的其他碳纤维 企业都在拓展高强高模碳纤维。唯有核心技术才能有竞争力，才 能成为东方碳谷。 您好，非常感谢您对公司发展的关注、并提出中肯建议。公 司及子公司当前涉及的碳纤维产品涵盖大、小丝束且多个级别。 民用和工业用、以及高技术或特殊领域都将会有相应的布局。您 的分析公司一定会认真研究，持续发力，合理布局，妥善安排， 保持公司稳定健康发展，尽最大努力以良好的业绩回报市场。谢 谢！ 5、请贵司就 ...

届时公司总经理金东杰先生、董事会秘书杜晓敏先生、财务负责人曲大军先生将通 过网络在线问答互动的形式，与投资者就2022年经营业绩等投资者关注的问题进行交流。 期间，公司高管将全程在线，实时回答投资者的提问。投资者可于 2022 年 5 月 19 日（星 期五）17：00 前访问 https://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题 页面，欢迎广大投资者积极参与。 证券代码：000420 证券简称：吉林化纤 公告编号：2023-17 吉林化纤股份有限公司 关于参加网上集体业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，吉林化纤股份有限公司（以下简称"公司"）将 参加由吉林证监局、吉林省证券业协会、深圳市全景网络有限公司共同举办的"2023 年 吉林辖区上市公司网上集体业绩说明会"，现将有关事项公告如下： 本次集体业绩说明会将通过深圳市全景网络有限公司提供的互联网平台举行，投资 者可以登陆全景网"投资者关系互动平台"（http://ir.p5w.net）参与公司业绩说明会, 时间为 20 ...

Financial Performance - The company's operating revenue for 2022 was ¥3,669,640,281.25, an increase of 2.50% compared to ¥3,580,154,587.89 in 2021[19]. - The net profit attributable to shareholders was -¥91,448,081.19, showing an improvement of 29.23% from -¥129,223,717.74 in the previous year[19]. - The net cash flow from operating activities increased by 94.51% to ¥328,508,145.22, compared to ¥168,886,089.53 in 2021[19]. - Total assets at the end of 2022 reached ¥10,514,182,350.70, a growth of 19.85% from ¥8,772,528,997.54 in 2021[19]. - The net assets attributable to shareholders increased by 46.17% to ¥4,330,555,277.10, up from ¥2,962,765,800.86 in 2021[19]. - The basic earnings per share improved by 33.05% to -¥0.0399 from -¥0.0596 in 2021[19]. - The weighted average return on equity was -2.59%, an improvement from -4.25% in the previous year[19]. Market and Industry Insights - The company acknowledges ongoing market uncertainties for its main products in 2023, urging investors to be cautious[3]. - The carbon fiber market demand in China reached approximately 74,000 tons in 2022, representing a growth of about 20% compared to the previous year[34]. - The company anticipates a recovery in the viscose staple fiber market in 2023 due to favorable policies and the resumption of operations in the textile industry[33]. - The carbon fiber market shows promising growth potential, with demand driven by the transition to renewable energy and the rapid growth of recreational sports, particularly for large tow carbon fiber[36]. - The overall fiber industry is expected to improve due to the implementation of "dual circulation" and "domestic unified market" strategies[30]. Operational Efficiency and Strategy - The company reported a significant increase in cash flow from operating activities, indicating improved operational efficiency[19]. - The company implemented a differentiated product strategy in the viscose filament industry to enhance market control and fill market demand gaps, leading to an increase in the number and quality of differentiated products[36]. - The company aims to leverage local resource advantages and accelerate project capacity release to enhance its market presence in the new materials sector[37]. - The company is actively pursuing the carbon fiber industry, supported by local government initiatives and its established influence in the chemical fiber sector[43]. - The company is implementing digital transformation in management and production to improve efficiency and decision-making capabilities[98]. Research and Development - The company has established a stable and strong R&D team, resulting in numerous patents and process innovations to support production and cost control[47]. - The company plans to increase R&D investment to enhance the technological content and added value of viscose filament products, while also entering the carbon fiber new materials market to mitigate risks from product cyclicality[101]. - The company is committed to innovation in the chemical fiber sector, with ongoing research and development initiatives aimed at enhancing product offerings[132]. Environmental Responsibility - The company maintains a commitment to environmental responsibility, adhering to various pollution discharge standards and regulations[181]. - The company has established an emergency response plan for environmental incidents, which has been filed with the Jilin City Environmental Emergency Management Center[181]. - The company has implemented strict environmental protection measures, including regular monitoring of water, air, and noise pollution by qualified third-party agencies[182]. - The company achieved compliance with water pollutant discharge standards, with chemical oxygen demand at 56 mg/l and ammonia nitrogen at 6.4 mg/l, both within regulatory limits[179]. Governance and Management - The company maintains a strong governance structure, ensuring compliance with relevant laws and regulations, and enhancing management transparency and accountability[109]. - The management team is stable and experienced, contributing to the company's ability to maintain low-cost, large-scale, and efficient production[45]. - The company emphasizes the importance of scientific decision-making to protect the rights of shareholders[153]. - The company has a structured approach to determining remuneration based on quantifiable performance indicators[145]. Challenges and Risks - The company anticipates challenges from global inflation and slow economic growth but sees opportunities for transformation and strategic adjustments[94]. - The company faces cyclical risks in the chemical fiber industry, with a potential decline in market demand due to global economic downturns, but anticipates recovery in demand for viscose fibers in the foreseeable future[101]. - The company acknowledges risks in carbon fiber development due to complex processes and high R&D costs, but is committed to accelerating project construction and market expansion[103]. Employee and Social Responsibility - Employee rights are prioritized, with a focus on fair treatment and comprehensive development opportunities[184]. - The company has maintained a commitment to social responsibility, actively participating in local public welfare initiatives and supporting economic development[187]. - The total number of employees at the end of the reporting period is 4,857, with 4,752 from the parent company and 105 from major subsidiaries[159].

Financial Performance - The company's revenue for Q1 2023 was ¥741,218,928.59, a decrease of 20.87% compared to ¥936,708,952.28 in the same period last year[5] - Net profit attributable to shareholders was ¥12,077,686.08, representing a significant increase of 124.65% from a loss of ¥48,998,432.96 in the previous year[5] - Basic earnings per share improved to ¥0.0049, a 121.68% increase from a loss of ¥0.0226 per share in the previous year[5] - Total operating revenue for the current period was ¥741,218,928.59, a decrease of 20.9% from ¥936,708,952.28 in the previous period[18] - Operating profit turned positive at ¥2,099,167.92 compared to a loss of ¥52,407,475.30 in the previous period[19] - Net profit for the current period was ¥12,077,686.08, a significant recovery from a net loss of ¥49,027,510.44 in the previous period[19] - The company reported a total profit of ¥12,710,433.73, recovering from a total loss of ¥52,909,223.07 in the previous period[19] Cash Flow and Liquidity - The net cash flow from operating activities reached ¥40,810,632.29, up 754.32% from ¥4,776,990.24 in the same period last year[5] - Cash flow from operating activities increased to ¥40,810,632.29, compared to ¥4,776,990.24 in the previous period[20] - Cash and cash equivalents at the end of the period reached ¥611,726,589.20, up from ¥165,158,349.84 at the end of the previous period[22] - Investment activities resulted in a net cash outflow of ¥156,228,572.16, compared to a net outflow of ¥10,634,949.41 in the previous period[22] - Financing activities generated a net cash inflow of ¥370,200,898.77, compared to ¥102,170,707.73 in the previous period[22] Assets and Liabilities - Total assets increased by 2.57% to ¥10,784,843,952.35 from ¥10,514,182,350.70 at the end of the previous year[5] - The company's current assets reached CNY 2,676,746,240.66, up from CNY 2,366,206,296.63 at the start of the year, indicating a growth of approximately 13.06%[14] - The total liabilities increased to CNY 6,442,210,989.17 from CNY 6,183,627,073.60, reflecting a rise of about 4.18%[15] - The company's cash and cash equivalents stood at CNY 967,655,029.19, compared to CNY 894,574,783.98 at the beginning of the year, marking an increase of approximately 8.16%[14] - Accounts receivable decreased to CNY 656,312,770.58 from CNY 746,692,493.06, a decline of about 12.09%[14] - Short-term borrowings decreased slightly to CNY 1,906,150,000.00 from CNY 1,970,056,400.48, a reduction of about 3.25%[15] Inventory and Prepayments - The company reported a 40% increase in inventory, amounting to ¥636,105,521.87, due to increased raw materials and carbon fiber production[8] - The inventory level rose significantly to CNY 636,105,521.87 from CNY 455,877,777.40, representing an increase of approximately 39.5%[14] - The company reported a significant increase in prepayments, which rose by 38% to ¥213,458,281.94, reflecting higher advance payments for raw materials[8] Equity and Return on Investment - The weighted average return on equity improved to 0.28%, up from -1.67% in the previous year[5] - The total equity attributable to the parent company was CNY 4,342,632,963.18, showing a marginal increase from CNY 4,330,555,277.10[16] - The company reported a net loss of CNY 654,209,365.93 in retained earnings, slightly improved from a loss of CNY 666,287,052.01 at the beginning of the year[16] Strategic Initiatives - The company is actively engaged in expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[12] - Other income from non-operating activities surged by 119,560% to ¥11,008,720.21, attributed to collaboration with upstream enterprises in developing high-performance carbon fiber[8] - The company experienced a 36% increase in long-term borrowings, totaling ¥1,052,300,000.00, indicating a strategy to secure additional financing[8]

编号：2021001 证券代码：000420 证券简称：吉林化纤 吉林化纤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 | | | | □媒体采访 | 业绩说明会 | | 投资者关系活动 | □新闻发布会 | □路演活动 | | 类别 | □现场参观 | | | | □其他 | （请文字说明其他活动内容） | | 参与单位名称及 | 通过全景网"投资者关系互动平台"（ | http://ir.p5w.net ）参与 | | 人员姓名 | 公司 2020 | 年度业绩网上说明会的广大投资者 | | | | | | 时间 | 2021 年 5 月 14 日 | 15:30-17:00 | | 地点 | 全景网"投资者关系互动平台"（ | http ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥1,169,127,272.86, representing a 24.39% increase year-over-year[7] - The net profit attributable to shareholders for Q3 2022 was ¥6,198,969.11, a significant increase of 115.72% compared to the same period last year[7] - The company's basic earnings per share for Q3 2022 was ¥0.0026, reflecting a 114.42% increase year-over-year[7] - Net profit for the current period was a loss of ¥83,702,929.67, compared to a profit of ¥1,138,099.20 in the previous period[29] - The company reported a comprehensive income total of ¥190,800,500.64, compared to ¥1,138,099.20 in the previous period[31] - Basic and diluted earnings per share were both reported at -0.0396, compared to 0.0006 in the previous period[31] Assets and Liabilities - The total assets at the end of Q3 2022 reached ¥9,872,109,902.60, marking a 12.53% increase from the end of the previous year[7] - The total liabilities decreased to RMB 4,685,678,787.01 from RMB 5,200,168,515.85, showing a reduction of approximately 9.9%[22] - The company's total liabilities amounted to ¥5,541,758,971.89, a decrease from ¥5,814,730,639.99[25] - The total equity attributable to shareholders of the parent company increased to ¥4,330,512,441.64 from ¥2,962,765,800.86, marking a growth of 46.1%[25] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥10,000,863.54, a decrease of 86.37% year-over-year[7] - Cash flow from operating activities was ¥2,178,561,079.67, compared to ¥1,726,871,824.10 in the previous period, indicating an increase of 26.0%[32] - Net cash flow from operating activities was $10,000,863.54, a decrease of 86.4% compared to $73,364,704.74 in the previous period[35] - Cash inflow from financing activities amounted to $3,769,287,662.01, compared to $2,219,913,429.83 in the previous period, reflecting a 69.8% increase[35] - The company reported a net cash increase of $718,635,228.59, compared to $231,788,057.55 in the prior period, indicating improved liquidity[35] Investments and Expenses - The company’s R&D expenses rose by 35.88% to ¥5,328,311.79, driven by increased spending in its subsidiary[11] - Research and development expenses rose to ¥5,328,311.79, up from ¥3,921,428.50, reflecting a growth of 35.9%[26] - The long-term equity investments increased by 367.68% to ¥852,977,526.77 following the acquisition of additional shares in a subsidiary[11] - The long-term equity investments rose to RMB 852,977,526.77 from RMB 182,383,747.85, reflecting an increase of approximately 367.5%[22] Market and Future Plans - The company plans to continue expanding its market presence and investing in new technologies to enhance production efficiency and product offerings[24] - Jilin Chemical Fiber Co., Ltd. reported a significant increase in shareholder equity due to the successful capital raise and improved financial performance[24] Inventory and Receivables - The company reported a 118.34% increase in accounts receivable, totaling ¥966,981,531.96, due to increased export sales to India[11] - Accounts receivable increased significantly to RMB 966,981,531.96 from RMB 442,882,043.50, marking a rise of about 118.5%[19] - Inventory levels decreased to RMB 384,668,358.98 from RMB 794,795,888.87, indicating a reduction of about 51.6%[22] Other Financial Metrics - The company received government subsidies amounting to ¥3,750,999.33 during the reporting period[8] - The financial expenses decreased to ¥146,558,962.18 from ¥204,519,989.55, a reduction of 28.3%[29] - The impact of exchange rate changes on cash and cash equivalents was $5,090,915.06, contrasting with a negative impact of $2,087,121.87 in the previous period[35] - The third quarter report was not audited, which may affect investor confidence in the reported figures[36]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,862,633,391.98, representing a 10.93% increase compared to ¥1,679,051,345.91 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was -¥94,707,831.16, a decrease of 332.30% from ¥40,768,987.99 in the previous year[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥41,094,436.96, down 203.57% from ¥39,679,176.08 in the same period last year[26]. - The net cash flow from operating activities was ¥9,563,397.09, a decline of 61.68% compared to ¥24,954,169.69 in the previous year[26]. - The basic earnings per share were -¥0.0437, a decrease of 332.45% from ¥0.0188 in the previous year[26]. - The diluted earnings per share were also -¥0.0437, reflecting the same decline of 332.45% from ¥0.0188 in the previous year[26]. - The weighted average return on equity was -3.25%, down 4.56% from 1.31% in the previous year[26]. - The company's revenue for the reporting period reached ¥1,862,633,391.98, representing a year-on-year increase of 10.93%, driven by a 10.94% rise in filament sales and a 14.69% increase in prices[51]. - The operating cost increased by 21.01% to ¥1,716,145,349.95, primarily due to a rise in filament sales and a 33.59% increase in product costs[51]. - The company reported a net loss of CNY -947,032,286.89 as of June 30, 2022, compared to a loss of CNY -852,324,455.73 at the beginning of the year[159]. Assets and Liabilities - The total assets at the end of the reporting period were ¥9,242,129,170.21, an increase of 5.35% from ¥8,772,528,997.54 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were ¥3,102,878,194.50, up 4.73% from ¥2,962,765,800.86 at the end of the previous year[26]. - Total liabilities reached CNY 6,143,486,807.33, compared to CNY 5,814,730,639.99 at the start of the year, which is an increase of about 5.64%[159]. - The company's equity attributable to shareholders amounted to CNY 3,102,878,194.50, compared to CNY 2,962,765,800.86, reflecting an increase of approximately 4.73%[159]. - Accounts receivable rose to CNY 708,021,899.87, representing 7.66% of total assets, influenced by increased foreign sales and longer collection periods[58]. - Cash and cash equivalents increased by 148.17% to CNY 461,945,574.19, attributed to reduced restricted funds and increased loans[54]. Production and Market Position - The company primarily engages in the production and sales of chemical fibers, including viscose filament, viscose staple fiber, and carbon fiber, with a focus on the manufacturing industry[36]. - Viscose filament production capacity is approximately 80,000 tons per year, positioning the company as a leader in the domestic market, with exports to over 20 provinces and countries including Japan, South Korea, and Germany[40]. - The global viscose filament production capacity is around 280,000 tons, with China accounting for over 75% of this capacity, indicating a strong market presence[36]. - The company’s viscose staple fiber production capacity has been optimized to 120,000 tons per year, contributing nearly one-third to the total sales revenue[40]. - The carbon fiber production line with an annual capacity of 600 tons has been fully constructed and is operational, enhancing the company's position in the carbon fiber market[43]. - The overall demand for carbon fiber is increasing, driven by applications in renewable energy, aerospace, and automotive sectors, positioning the company for future growth[38]. - The viscose filament industry is experiencing consolidation, with a significant increase in market concentration, which is expected to enhance the market control of leading enterprises[42]. - The carbon fiber sector shows strong growth potential, particularly in the civil large tow carbon fiber market, driven by rapid growth in renewable energy sectors such as wind and solar[48]. Research and Development - The company has a strong R&D team and has accumulated nearly 60 years of experience, resulting in numerous patents and process innovations that support continuous improvement in production and cost control[49]. - The company plans to increase R&D investment to enhance the technological content and added value of chemical fiber products, while actively transitioning to carbon fiber new materials[69]. - The company aims to enhance its research and development capabilities to drive future growth[196]. Environmental and Safety Measures - The company plans to continue enhancing its environmental protection efforts and adopt advanced experiences from other manufacturers to improve sustainability in viscose fiber production[44]. - The company has received multiple environmental impact approvals for various production projects, including a 50,000-ton bamboo filament project and a 30,000-ton high-modulus composite project[82]. - The company has established an emergency response plan for environmental incidents and conducts regular monitoring of emissions to comply with environmental regulations[83]. - The company reported a significant focus on reducing carbon emissions, although specific measures and their effects were not detailed[86]. - The company has implemented comprehensive safety production regulations and is enhancing risk management to prevent accidents during the chemical fiber production process[72]. - The company has implemented comprehensive safety management measures, including risk assessments and emergency response training[88]. Shareholder and Corporate Governance - The major shareholder, Jilin Chemical Fiber Group, is currently fulfilling commitments related to industry competition and immediate return measures[92]. - There were no non-operating fund occupations by major shareholders or related parties during the reporting period[93]. - The company has not engaged in any significant litigation or arbitration matters during the reporting period[99]. - The total number of ordinary shareholders at the end of the reporting period was 2,168,310, representing 100% ownership[130]. - Jilin Chemical Fiber Group Co., Ltd. holds 14.67% of shares, totaling 318,067,074 shares, with 158,000,000 shares pledged[133]. - The company reported a total of 123.1 million yuan in related party transactions, accounting for 82.81% of similar transaction amounts[100]. - The company has not undergone any bankruptcy restructuring or significant changes in its integrity status during the reporting period[98][99]. - The half-year financial report has not been audited, which may affect the perception of financial reliability[95].

Financial Performance - The company's operating revenue for 2021 was CNY 3,580,154,587.89, representing a 43.22% increase compared to CNY 2,499,714,527.34 in 2020[24]. - The net profit attributable to shareholders was a loss of CNY 129,223,717.74, an improvement of 44.61% from a loss of CNY 233,288,434.13 in the previous year[24]. - The net cash flow from operating activities increased by 65.59% to CNY 168,886,089.53, up from CNY 101,987,965.01 in 2020[24]. - The total assets at the end of 2021 were CNY 8,772,528,997.54, a slight increase of 0.97% from CNY 8,688,283,108.42 at the end of 2020[24]. - The net assets attributable to shareholders decreased by 4.48% to CNY 2,962,765,800.86 from CNY 3,101,743,007.81 in 2020[24]. - The basic earnings per share for 2021 were -CNY 0.0596, an improvement of 44.61% from -CNY 0.1076 in 2020[24]. - The weighted average return on equity was -4.25%, an improvement from -8.06% in the previous year[24]. - The company reported a net profit before and after deducting non-recurring gains and losses, both of which were negative for the last three accounting years[24]. Market and Product Insights - The company’s viscose filament yarn export volume reached 94,487 tons in 2021, marking a year-on-year increase of 70.45%[38]. - The global production capacity of viscose filament yarn is approximately 280,000 tons, with China accounting for over 75% of this capacity[38]. - The apparent consumption of viscose staple fiber in 2021 reached 3.6 million tons, with a year-on-year growth of 8% in yarn production and 7% in fabric production[38]. - The carbon fiber market demand is expected to grow significantly, driven by the transition to green energy and the maturity of the carbon fiber industry chain[38]. - The company is actively extending its product line into the carbon fiber sector, which is anticipated to bring substantial market opportunities[38]. - The company has maintained its leading position in the viscose filament yarn industry, becoming the largest manufacturer globally due to its technological and quality advantages[50]. Production and Capacity - The company has an annual production capacity of approximately 80,000 tons for viscose filament yarn, with a utilization rate of 84.07%[42]. - The production capacity for viscose staple fiber is designed at 120,000 tons per year, with an actual utilization rate of 88.38%[46]. - The company is actively expanding its carbon fiber production, with a planned annual capacity of 600 tons for small tow carbon fiber and 12,000 tons for carbon fiber composite products[42]. - The company has acquired a 49% stake in Jilin Baojing, focusing on the research, production, and sales of large tow, low-cost carbon fiber[42]. Cost and Pricing - The average price of viscose filament cotton pulp increased by 4.31% year-on-year to 8,064 RMB/ton, while viscose staple fiber pulp rose by 31.67% to 6,286 RMB/ton[45]. - The company faced increased production costs due to rising prices of raw materials and energy, impacting the profitability of the viscose fiber industry[38]. - The company reported a significant increase in raw material costs, with over 16% rise in material costs due to global commodity price fluctuations[45]. Research and Development - The company has a stable and strong R&D team, with nearly 60 years of experience, supporting continuous product upgrades and cost control[53]. - The company is increasing R&D investment to enhance the technological content and added value of viscose fiber products while actively transitioning to carbon fiber new materials[98]. - New product development initiatives are underway, with an investment of 500 million yuan allocated for R&D in advanced fiber technologies[125]. Corporate Governance and Compliance - The company is committed to improving its governance structure and ensuring compliance with relevant laws and regulations to protect investor rights[108]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring a clear and independent operational framework[109]. - The company has established communication channels with investors through various means, including phone and email, to improve transparency and trust[170]. Environmental and Safety Management - The company emphasizes environmental protection and has integrated energy-saving and emission-reduction efforts into its operational agenda, ensuring compliance with relevant regulations[171]. - The company has implemented emergency response plans for environmental incidents as required by environmental protection departments[167]. - The company has implemented measures to strengthen safety management and risk control following a significant production safety incident in February 2021, including comprehensive inspections and emergency response training[173]. Employee and Remuneration Policies - The company emphasizes a performance-based compensation policy, linking employee pay to work efficiency and individual performance[147]. - The total pre-tax remuneration for directors, supervisors, and senior management amounted to 1.03 million yuan[133]. - The company has implemented a salary structure that reflects the importance and risk of each position[131]. Strategic Initiatives and Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 10% to 12% based on market expansion strategies[125]. - The company plans to raise funds for a 12,000-ton carbon fiber composite materials project, which is expected to enhance market expansion and improve performance returns for investors[97]. - A strategic acquisition of a local competitor is in progress, expected to enhance production capacity by 30%[125].

Financial Performance - The company's revenue for Q1 2022 was ¥936,708,952.28, representing a 4.92% increase compared to ¥892,798,090.79 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥48,998,432.96, a decline of 254.66% from a profit of ¥31,681,174.94 in the previous year[4] - Total operating revenue for Q1 2022 was CNY 936.71 million, an increase of 4.9% compared to CNY 892.80 million in Q1 2021[22] - Net profit for Q1 2022 was a loss of CNY 49.03 million, compared to a profit of CNY 31.55 million in Q1 2021[23] - The weighted average return on equity was -1.67%, down from 1.00% in the previous year, indicating a decline in profitability[4] - The company’s earnings per share (EPS) for Q1 2022 was -0.0226, compared to 0.0146 in Q1 2021, indicating a decline in profitability[24] Cash Flow and Liquidity - The net cash flow from operating activities increased by 164.69% to ¥4,776,990.24, up from ¥1,804,775.78 in the same period last year[4] - Cash flow from operating activities showed a negative trend, indicating potential liquidity challenges moving forward[25] - Operating cash inflow for the current period was CNY 433,036,204.60, an increase from CNY 418,586,249.85 in the previous period[28] - Cash outflow for employee payments increased to CNY 129,044,350.73 from CNY 87,710,107.25[28] - Cash inflow from financing activities totaled CNY 1,049,618,000.00, compared to CNY 510,554,166.60 in the previous period[28] - Cash outflow for debt repayment was CNY 488,572,735.62, significantly higher than CNY 131,000,000.00 last year[29] - The net increase in cash and cash equivalents was CNY 96,079,174.93, reversing a decrease of CNY 78,368,760.48 in the previous period[29] - The ending balance of cash and cash equivalents reached CNY 165,158,349.84, up from CNY 100,280,725.34[29] - Cash received from tax refunds was CNY 20,646,411.65, a notable increase from CNY 4,512,455.01[27] - Cash received from other operating activities was CNY 6,276,827.10, compared to CNY 4,097,045.91 previously[27] Assets and Liabilities - The total assets at the end of the reporting period were ¥8,931,478,277.09, an increase of 1.81% from ¥8,772,528,997.54 at the end of the previous year[4] - The total assets of Jilin Chemical Fiber Co., Ltd. reached approximately CNY 8.93 billion, an increase from CNY 8.77 billion at the beginning of the year, reflecting a growth of about 1.82%[16] - The company's total liabilities increased to CNY 6.02 billion in Q1 2022 from CNY 5.81 billion in Q1 2021, reflecting a growth of 3.6%[19] - The total equity attributable to shareholders decreased to CNY 2.91 billion in Q1 2022 from CNY 2.96 billion in Q1 2021, a decline of 1.7%[19] - The company experienced a 57.86% decrease in non-current liabilities due within one year, dropping to ¥19,364.27, reflecting a reduction in long-term borrowings due[10] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 60,590, with the largest shareholder holding 14.67% of the shares[11] - The company reported a total of 10 major shareholders, with the largest being Jilin Chemical Fiber Group Co., Ltd., holding 318,067,074 shares[14] Expenses and Investments - The company reported a significant increase in management expenses by 113.08% to ¥5,286.31, attributed to pandemic-related production losses and prevention expenditures[10] - Research and development expenses for Q1 2022 were CNY 1.23 million, slightly down from CNY 1.34 million in Q1 2021[22] - Long-term equity investments increased to CNY 200.22 million from CNY 182.38 million, marking an increase of approximately 9.76%[17] - The company's fixed assets decreased slightly to CNY 5.23 billion from CNY 5.25 billion, a decline of about 0.05%[17] Inventory and Receivables - Accounts receivable increased by 46.56% to ¥64,906.76, indicating a rise in sales or credit terms[8] - Accounts receivable rose to CNY 649.07 million from CNY 442.88 million, representing a significant increase of about 46.67%[17] - Inventory decreased to CNY 614.26 million from CNY 794.80 million, showing a reduction of approximately 22.66%[17] Future Plans and Measures - The company plans to proceed with a non-public offering of shares, which was approved by the China Securities Regulatory Commission on March 28, 2022[15] - The company implemented production reduction measures in response to the COVID-19 outbreak in early March 2022[15]