重庆长江造型材料（集团）股份有限公司 2022 年第三季度报告 证券代码：001296 证券简称：长江材料 公告编号：2022-074 重庆长江造型材料（集团）股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.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)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 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 | | --- | --- | --- | --- | --- | | | | 期增减 | | 年同期增减 | | 营业收入（元） | 219,278,848.93 | -1.31% | 695,203,441.86 | ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[16]. - The gross profit margin improved to 30%, up from 28% in the same period last year[16]. - The company's operating revenue for the first half of 2022 was CNY 475,924,592.93, representing a 2.76% increase compared to CNY 463,132,888.75 in the same period last year[22]. - Overall revenue reached CNY 475,924,592.93, reflecting a year-on-year increase of 2.76%[39]. - The net profit attributable to shareholders decreased by 46.11% to CNY 29,104,199.36 from CNY 54,009,270.98 year-on-year[22]. - The net profit after deducting non-recurring gains and losses fell by 56.87% to CNY 20,961,914.28 compared to CNY 48,603,447.76 in the previous year[22]. - Basic and diluted earnings per share decreased by 56.47% to CNY 0.2724 from CNY 0.6258 year-on-year[22]. - The weighted average return on equity dropped to 1.88%, down 3.48% from 5.36% in the previous year[22]. - The company reported a net profit of 28,008 million for the same period, indicating strong profitability[118]. - The total revenue for the first half of 2022 was 121,368 million, showing a significant performance in the market[118]. Investment and Development - The company plans to invest RMB 200 million in new product development and technology research in the next fiscal year[16]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[16]. - The company has developed energy-saving flexible recycling technology for waste sand, achieving domestic leadership and international advanced levels in this field[32]. - The company holds 162 national patent certificates, showcasing its strong focus on technological innovation and product development[35]. - The company plans to enhance its recycling business for foundry waste sand to mitigate cost pressures and improve competitiveness[73]. - The company is focusing on technological advancements to enhance product offerings and improve operational efficiency[118]. - The company plans to expand its market presence and invest in new product development to drive future growth[118]. Market Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 10% market share by 2025[16]. - Future plans include expanding production bases in the Yangtze River Delta and Southwest regions to increase market share and promote sustainable development[38]. - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the report[160]. Financial Position - Total assets at the end of the reporting period were CNY 1,814,822,537.36, a decrease of 0.48% from CNY 1,823,634,317.22 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 0.25% to CNY 1,526,872,817.92 from CNY 1,530,693,480.68 at the end of the previous year[22]. - Cash and cash equivalents decreased by 19.49% to ¥288,498,306.81, down from ¥645,442,314.29, primarily due to the purchase of structured deposits and distribution of dividends[49]. - Accounts receivable increased by 3.46% to ¥350,626,430.94, compared to ¥289,238,858.18 from the previous year[49]. - Total liabilities included contract liabilities of ¥2,473,561.82, an increase from ¥1,829,834.61, reflecting a growth in advance payments received[49]. Operational Challenges - The company faces risks related to raw material price fluctuations and supply chain disruptions, which are being actively monitored[4]. - The company experienced significant operational disruptions due to COVID-19, impacting production and downstream customer operations[74]. - The company faces risks from macroeconomic fluctuations and changes in downstream industries, particularly due to the shift towards electric vehicles[72]. Shareholder Information - No cash dividends or stock bonuses will be distributed to shareholders for this fiscal year[5]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[79]. - The company distributed a cash dividend of RMB 4.00 per 10 shares, totaling RMB 32,879,764.00, and increased its total share capital from 82,199,410 shares to 106,859,233 shares through a capital reserve conversion of 3 shares for every 10 shares held[109]. - The total number of ordinary shareholders at the end of the reporting period was 17,443[120]. Sustainability Initiatives - The company is committed to sustainability initiatives, aiming to reduce carbon emissions by 15% by 2025[16]. - The company has developed the "CCATEKTM" eco-friendly coated sand, reducing ammonia emissions by over 90% compared to traditional resin-coated sand[33]. Financial Management - The company reported a significant increase in investment, with a total investment of ¥294,272,006.38, representing a 563.46% increase from ¥44,354,389.39 in the same period last year[56]. - The company has not faced any administrative penalties for environmental issues during the reporting period[83]. - The company has not engaged in any related party transactions during the reporting period[94]. - The company has not undergone any bankruptcy restructuring during the reporting period[91]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -8,672,412.70, a decline of 135.55% from CNY 24,392,169.97 in the same period last year[22]. - The company reported a total comprehensive income of CNY 8,567,211.72 for the first half of 2022, compared to CNY 2,263,561.91 in the same period of 2021[146]. - The cash flow from operating activities was not detailed, but the overall cash flow situation indicates a need for improved operational efficiency[150]. Accounting and Financial Reporting - The financial report for the first half of 2022 has not been audited[131]. - The financial statements are prepared in yuan[132]. - The company has implemented specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition tailored to its operational characteristics[166].

Financial Performance - The company's revenue for Q1 2022 was CNY 217,332,013.23, representing an increase of 11.08% compared to CNY 195,654,771.71 in the same period last year[2] - Net profit attributable to shareholders decreased by 5.06% to CNY 14,331,798.38 from CNY 15,096,121.02 year-on-year[2] - The net profit for the first quarter of 2022 was CNY 14,397,209.71, a decrease from CNY 14,925,261.53 in the same period last year, representing a decline of approximately 3.5%[20] - The total profit for the first quarter was CNY 17,440,677.48, slightly up from CNY 17,383,950.79 year-over-year, indicating a marginal increase of about 0.3%[20] - Basic and diluted earnings per share fell by 29.17% to CNY 0.17 from CNY 0.24 in the same period last year[2] - The basic and diluted earnings per share were both CNY 0.17, down from CNY 0.24 in the previous year, reflecting a decrease of approximately 29.2%[20] Cash Flow - The net cash flow from operating activities was negative at CNY -11,463,366.30, a decline of 161.02% compared to CNY 18,785,528.80 in the previous year[2] - Cash flow from operating activities showed a net outflow of CNY 11,463,366.30, contrasting with a net inflow of CNY 18,785,528.80 in the same quarter last year[24] - The company reported cash inflows from operating activities of CNY 180,233,382.18, compared to CNY 200,408,198.75 in the previous year, marking a decrease of about 10.1%[24] - The cash outflows from operating activities totaled CNY 191,696,748.48, which is an increase from CNY 181,622,669.95 year-over-year, indicating a rise of approximately 5.9%[24] - The net cash flow from investing activities was negative at CNY 6,819,275.18, an improvement from a loss of CNY 15,558,862.30 in the same quarter last year[24] - The company did not report any cash inflows from financing activities, contrasting with CNY 540,000.00 received in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,809,367,032.68, a decrease of 0.78% from CNY 1,823,634,317.22 at the end of the previous year[2] - Total assets decreased to CNY 1,809,367,032.68 from CNY 1,823,634,317.22 at the beginning of the year, reflecting a decline of 0.8%[15] - Total liabilities decreased to CNY 259,987,965.42, down 10% from CNY 288,614,528.01 at the beginning of the year[16] - The total equity attributable to shareholders increased to CNY 1,544,987,347.40 from CNY 1,530,693,480.68, reflecting a growth of 0.9%[16] Operational Metrics - The total operating revenue for the first quarter of 2022 was CNY 217,332,013.23, an increase of 11.5% compared to CNY 195,654,771.71 in the same period last year[18] - The total operating costs for the first quarter of 2022 were CNY 203,465,239.47, up 18.1% from CNY 172,236,622.02 in the previous year[18] - The gross profit margin for the first quarter of 2022 was approximately 6.4%, down from the previous year's margin[18] - The company reported a significant decrease in accounts receivable financing by 33.66% to CNY 63,038,431.16 from CNY 95,020,523.68[7] - Accounts receivable increased to CNY 309,062,965.94, up 6.8% from CNY 289,238,858.18 at the start of the year[14] - Inventory levels rose to CNY 191,623,159.62, an increase of 8.7% from CNY 176,253,874.46 at the beginning of the year[14] Research and Development - The company's R&D expenses increased by 30.85% to CNY 3,796,911.90 from CNY 2,901,662.47 year-on-year[8] - Research and development expenses increased to CNY 3,796,911.90, representing a rise of 31% compared to CNY 2,901,662.47 in the prior year[18] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,447[10] - The company received government subsidies amounting to CNY 3,790,229.60, primarily related to its listing and local government support[4] Construction and Assets - The company experienced a 72.61% increase in construction in progress, reaching CNY 52,050,794.73 compared to CNY 30,154,756.56 previously[7]

Dividend and Capital Structure - The company plans to distribute a cash dividend of 4.00 RMB per 10 shares to all shareholders, based on a total of 82,199,410 shares[4]. - The company will increase its capital reserve by converting 3 shares for every 10 shares held by shareholders[4]. - The company plans to increase its total share capital by 24,659,823 shares through a capital reserve transfer of 3 shares for every 10 shares held, raising the total share capital to 106,859,233 shares[125]. - The company issued 20,550,000 new shares, increasing the total share capital from 61,649,410 to 82,199,410 shares[179]. - The company issued 20,550,000 shares at a price of 25.56 RMB per share, raising a total of 525,258,000 RMB, with a net amount of 454,500,000 RMB after expenses[185]. - The capital reserve after the IPO was 433,950,000 RMB, indicating strong financial backing post-issuance[186]. Financial Performance - The company’s operating revenue for 2021 was CNY 933,190,774.90, a decrease of 1.31% compared to CNY 945,619,144.44 in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 96,431,032.27, down 19.36% from CNY 119,582,172.50 in 2020[22]. - The basic earnings per share for 2021 was CNY 1.56, a decrease of 19.59% compared to CNY 1.94 in 2020[22]. - The company achieved total operating revenue of CNY 933.19 million, with a net profit attributable to shareholders of CNY 96.43 million, and earnings per share of CNY 1.56[46]. - Sales of casting materials reached 738,267.22 tons, a year-on-year increase of 12.65%, while revenue from casting materials was CNY 739.27 million, up 10.07%[46]. - The company faced significant cost pressures from rising raw material and energy prices, impacting revenue scale and product gross margins, leading to a decrease in profit margins[46]. Operational Insights - The report outlines the company's operational scope, including various subsidiaries involved in the production of casting materials[12]. - The company is focused on enhancing its market position through strategic initiatives and potential expansions[4]. - The company has established production bases across multiple provinces, serving over 400 automotive and aerospace casting enterprises nationwide[33]. - The company has developed the CZS series energy-saving flexible foundry waste sand regeneration technology, achieving industry-leading status and addressing high energy consumption and low yield issues[35]. - The company has successfully developed the CZS series energy-saving flexible casting waste sand regeneration technology and equipment, achieving a cumulative recycling of over 200 million tons of casting waste sand, generating several hundred million RMB in output value[43]. Research and Development - The company is developing a new type of self-hardening phosphate binder, which aims to enhance environmental sustainability in the casting sand process[64]. - The company has completed the development of a new low-density composite proppant for oil and gas production, enhancing production efficiency[64]. - The company's R&D investment amounted to ¥16,440,817.93 in 2021, a decrease of 17.89% compared to ¥20,022,067.57 in 2020[67]. - The number of R&D personnel increased by 5.00% to 63 in 2021, with a notable increase in younger employees under 30 years old by 66.67%[66]. Governance and Compliance - The report includes a comprehensive overview of the company's governance structure and compliance with regulatory requirements[4]. - The company has a total of 7 board members, including 3 independent directors, complying with legal and regulatory requirements[97]. - The company has an independent financial department and has established a complete financial accounting system, ensuring independent financial decision-making[99]. - The company has established a transparent performance evaluation system for its directors and senior management[97]. - The company has no significant differences in governance practices compared to the regulations set by the China Securities Regulatory Commission[97]. Market and Industry Trends - The foundry coating sand production and sales are influenced by the economic cycle, with demand fluctuating based on the automotive and oil and gas industries' performance[33]. - The company is positioned to capture market share in the resin-coated proppant sector, which is expected to grow due to increasing demand for high-strength and corrosion-resistant materials[36]. - The company anticipates that the geopolitical risks from the Russia-Ukraine conflict will keep international oil prices at a high level, impacting the oil and gas extraction industry[88]. - The company expects that the implementation of stricter environmental standards will drive demand for its eco-friendly products, such as CCATEK and CCITEK[89]. Risk Management - The report emphasizes the importance of accurate financial reporting and the potential risks associated with forward-looking statements[4]. - The company’s future development strategy and operational goals may face various risk factors, which are detailed in the management discussion section[4]. - The company is preparing for potential risks related to rising raw material prices and transportation costs, which could impact its competitive position[92]. - The company faces risks from macroeconomic fluctuations and changes in downstream industry environments, which could affect its operational strategies[92]. Social Responsibility and Community Engagement - The company donated a total of 300,000 RMB for infrastructure projects in Taiping Village, including 30,000 RMB for streetlight installation and 50,000 RMB for elderly activity facilities[138]. - The company has a strong focus on environmental responsibility, achieving significant economic, social, and environmental benefits through its new technology[135]. - The company actively promotes the recycling of foundry waste sand, contributing to resource conservation and reducing transportation costs[140]. Employee Management - The total number of employees at the end of the reporting period was 874, with 571 in production, 40 in sales, 63 in technical roles, and 34 in finance[119]. - The company has implemented a diversified compensation system to enhance employee motivation and align with performance contributions[121]. - The company conducted various training programs to improve management skills and operational capabilities among employees[122].