Financial Performance - The company's operating revenue for the first half of 2021 was CNY 689,102,890.28, representing a 55.89% increase compared to CNY 442,053,858.77 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 93,693,193.25, a significant increase of 196.94% from CNY 31,552,721.40 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 85,939,661.26, up 177.21% from CNY 31,001,905.30 in the same period last year[22]. - The net cash flow from operating activities improved to CNY 5,927,123.36, a turnaround from a negative cash flow of CNY -8,108,780.34 in the previous year, marking a 173.10% increase[22]. - Basic earnings per share increased to CNY 0.6864, up 196.89% from CNY 0.2312 in the same period last year[22]. - The gross profit margin for the chemical raw materials and chemical products manufacturing industry was 22.87%, an increase of 3.08% from the previous year, with silica showing a gross margin of 21.70% and carbon black at 23.72%[52]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,785,225,140.36, reflecting a 51.31% increase from CNY 1,179,878,483.79 at the end of the previous year[22]. - The total liabilities decreased to CNY 530,067,809.54 from CNY 615,572,687.01, showing a reduction of about 13.9%[146]. - The equity attributable to the parent company increased to CNY 1,244,243,791.02 from CNY 554,237,758.16, marking an increase of approximately 124.4%[147]. - The company's current assets reached CNY 1,182,518,658.97, up from CNY 626,863,739.93 at the end of 2020, indicating a significant increase of about 88.4%[145]. Research and Development - The company has increased its investment in R&D, accelerating the development and marketization of new products and technologies[30]. - The company holds 105 patents, including 6 invention patents and 99 utility model patents, with 19 additional invention patents currently under application[39]. - Research and development expenses for the first half of 2021 were ¥28.44 million, up 62.1% from ¥17.56 million in the first half of 2020[153]. Market and Industry Position - The company focuses on the research, production, and sales of silica and carbon black, which are primarily used in tires and industrial rubber products[29]. - The market for green tires is expanding, driven by the national "carbon neutrality" goal, benefiting the company's silica and carbon black products[35]. - The company has established long-term stable partnerships with major tire manufacturers, enhancing its market presence and customer retention[40]. Environmental and Compliance - The company is committed to environmental protection and safety management, ensuring compliance with national standards while managing potential risks associated with production processes[69]. - The company has implemented effective pollution prevention measures, ensuring emissions are below ultra-low discharge standards[82]. - The company adheres to environmental protection laws and standards, with all environmental monitoring data meeting national emission standards[92]. Shareholder and Governance - The company emphasizes the protection of shareholder rights and maintains transparent communication with all investors[89]. - The company held its first extraordinary general meeting in 2020 with a participation rate of 95.64% on January 23, 2021[74]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[75]. Future Outlook - The company plans to focus on expanding its market presence and developing new technologies to enhance its competitive edge in the industry[175]. - The future outlook remains positive, with performance guidance indicating continued growth in revenue and profitability for the upcoming periods[175]. - The company is exploring potential mergers and acquisitions to accelerate growth and expand its market share[175].