Financial Performance - The company's operating revenue for Q3 2021 was CNY 5,282,611,183.54, a decrease of 1.45% compared to the same period last year[3] - Net profit attributable to shareholders for Q3 2021 reached CNY 800,374,055.77, an increase of 29.41% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 746,192,247.22, up 23.72% from the previous year[3] - The company achieved a basic earnings per share of CNY 0.4769, representing a growth of 29.42% compared to the same period last year[3] - The company reported a net profit of RMB 6.95 billion, up from RMB 5.05 billion, representing an increase of approximately 37.5% year-over-year[12] - Total operating revenue for the current period reached ¥14.64 billion, an increase of 13.8% compared to ¥12.98 billion in the previous period[13] - Net profit for the current period was ¥2.73 billion, representing a significant increase of 78.3% from ¥1.53 billion in the same period last year[14] - The total profit for the current period was ¥3.24 billion, an increase of 77.5% from ¥1.83 billion in the previous period[14] Assets and Liabilities - The total assets at the end of Q3 2021 amounted to CNY 37,546,215,037.44, reflecting an increase of 8.49% compared to the end of the previous year[4] - The company's current assets totaled RMB 14.79 billion, up from RMB 13.41 billion in December 2020, indicating a growth of about 10.3%[10] - The total liabilities of the company amounted to RMB 22.49 billion, up from RMB 20.63 billion, which is an increase of about 9.0%[11] - The total assets as of the end of Q3 2021 amounted to approximately ¥34.63 billion, reflecting a slight increase of 0.08% from ¥34.61 billion at the end of 2020[19] - The total liabilities stood at approximately ¥18.89 billion, representing an increase of 1.5% from ¥18.61 billion at the end of 2020[19] - Total liabilities amounted to CNY 20,634,257,152.68, a slight decrease from CNY 20,663,283,932.97 in the previous period[20] - The company's non-current liabilities totaled CNY 7,337,490,082.46, reflecting a decrease from CNY 7,363,380,681.68[20] Shareholder Information - The top shareholder, China National Building Material Group Corporation, holds 60.24% of the shares[7] - The equity attributable to the parent company reached RMB 13.61 billion, compared to RMB 13.09 billion, showing a growth of approximately 3.9%[12] - The company's total equity attributable to shareholders of the parent company was CNY 13,093,247,475.86, slightly up from CNY 13,091,711,419.36[20] Cash Flow and Investments - Cash flow from operating activities totaled ¥10.92 billion, an increase of 16.3% compared to ¥9.40 billion in the prior period[16] - The net cash flow from operating activities for Q3 2021 was approximately ¥1.28 billion, a slight decrease of 1.5% compared to ¥1.30 billion in Q3 2020[17] - Total cash outflow from investing activities was approximately ¥1.85 billion, down 30.3% from ¥2.67 billion in the same period last year[17] - Cash inflow from financing activities increased to approximately ¥7.04 billion, up 13.3% from ¥6.21 billion in Q3 2020[17] - The net cash flow from financing activities was negative at approximately ¥730 million, contrasting with a positive cash flow of approximately ¥793 million in Q3 2020[17] Industry Performance - The glass fiber industry showed strong market demand, leading to significant growth in both volume and price for the company's main products[6] - The lithium battery separator industry experienced substantial sales growth due to high demand in the new energy vehicle sector[6] Research and Development - Research and development expenses increased to ¥695.23 million, a rise of 15.3% from ¥603.24 million in the previous period[13] Other Financial Information - The company recorded a tax expense of ¥507.38 million, up from ¥294.79 million in the previous period[14] - Other comprehensive income after tax for the current period was -¥1.65 million, compared to -¥540.74 thousand in the previous period[14] - The company has adopted the new leasing standards effective January 1, 2021, impacting the financial statements without retrospective adjustments[21] - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[21]

Financial Performance - The company's operating revenue for the first quarter of 2021 was ¥3,940,981,890.37, representing a 36.40% increase compared to ¥2,889,208,876.26 in the same period last year[3]. - Net profit attributable to shareholders was ¥580,702,552.06, a significant increase of 140.02% from ¥241,939,010.06 year-on-year[3]. - The net profit after deducting non-recurring gains and losses was ¥550,307,569.79, up 140.30% from ¥229,012,674.66 in the previous year[3]. - The basic earnings per share increased to ¥0.3460, reflecting a growth of 139.94% compared to ¥0.1442 in the same period last year[3]. - The company reported strong performance in its main industries, including wind turbine blades, fiberglass, and lithium battery separators, with significant improvements in production and profitability[10]. - The net profit for the first quarter of 2021 was CNY 595.84 million, a significant increase from CNY 252.69 million in the same period last year, representing a growth of 135%[27]. - The total revenue for the first quarter was CNY 2.96 billion, compared to CNY 2.80 billion in the previous year, indicating an increase of approximately 5.6%[32]. - The operating profit for the first quarter was CNY 693.39 million, compared to CNY 307.73 million in the previous year, marking an increase of 125%[27]. - The company reported a total comprehensive income of CNY 595.59 million for the first quarter, compared to CNY 252.29 million in the same period last year, showing an increase of 136%[28]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥36,323,865,016.15, a 7.80% increase from ¥33,695,499,358.51 at the end of the previous year[3]. - The company's total assets amounted to CNY 36.32 billion, an increase from CNY 33.70 billion as of December 31, 2020[19]. - The company's current assets totaled CNY 15.47 billion, up from CNY 13.20 billion at the end of 2020, reflecting a growth of approximately 17.2%[18]. - The company's total liabilities reached CNY 21.67 billion, compared to CNY 19.64 billion at the end of 2020, reflecting an increase of about 10.3%[20]. - Non-current liabilities increased to CNY 9.43 billion from CNY 7.24 billion, a rise of approximately 30.3%[20]. - The company's equity attributable to shareholders was CNY 13.71 billion, up from CNY 13.13 billion, indicating a growth of about 4.4%[21]. - Total liabilities increased to CNY 7.31 billion in Q1 2021, compared to CNY 5.38 billion in Q1 2020, reflecting a growth of about 36.0%[24]. - The total current liabilities slightly increased from ¥12,400,993,972.94 to ¥12,404,130,154.01, an increase of ¥3,136,181.07[39]. Cash Flow - The net cash flow from operating activities was -¥83,857,476.76, a decline of 149.71% compared to ¥168,700,825.36 in the same period last year[3]. - The company reported a net investment income of CNY 3.87 million in Q1 2021, recovering from a loss of CNY 603,014.38 in the same quarter of the previous year[26]. - The total cash inflow from financing activities reached 3,252,321,954.06 CNY, compared to 1,851,334,566.76 CNY in Q1 2020, indicating a significant increase of approximately 75.5%[34]. - The cash outflow for investing activities was 660,932,871.94 CNY, down from 732,960,072.14 CNY year-over-year, reflecting a decrease of about 9.8%[33]. - The company reported a net increase in cash and cash equivalents of 948,993,331.81 CNY, compared to 277,778,879.19 CNY in the previous year, marking an increase of approximately 241.5%[34]. - The cash and cash equivalents at the end of the period totaled 3,724,004,201.04 CNY, up from 1,680,023,276.14 CNY year-over-year, representing a growth of about 121.5%[34]. - The company received 2,800,000,000.00 CNY in borrowings during the quarter, significantly higher than 620,000,000.00 CNY in the same quarter last year[36]. Research and Development - Research and development expenses amounted to CNY 227.20 million in Q1 2021, compared to CNY 129.52 million in Q1 2020, representing a growth of approximately 75.5%[26]. - The company’s research and development expenses for the first quarter were CNY 697.65 million, slightly down from CNY 779.33 million in the previous year, reflecting a decrease of about 10.5%[29]. Shareholder Information - The total number of shareholders at the end of the reporting period was 47,118, with the largest shareholder, China National Building Material Group Corporation, holding 60.24% of the shares[6]. - The company did not engage in any repurchase transactions during the reporting period[9]. Compliance and Standards - The company has implemented new leasing standards effective January 1, 2021, impacting the financial statements[39]. - The first quarter report for 2021 was not audited, indicating preliminary financial results[42].

Financial Performance - Operating revenue for the current period was CNY 5.33 billion, a 53.64% increase year-on-year[4] - Net profit attributable to shareholders was CNY 624.70 million, representing a 71.98% increase year-on-year[4] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 609.54 million, up 76.52% year-on-year[4] - Basic earnings per share increased by 71.96% to CNY 0.3723[4] - The weighted average return on net assets rose to 5.02%, up from 3.27% in the same period last year[4] - The total operating revenue for the third quarter of 2020 was CNY 5,332,194,095.34, compared to CNY 3,470,660,510.16 in the same period last year, indicating a significant increase[29] - The net profit attributable to shareholders was RMB 1.548 billion, representing a year-on-year growth of 51.96%[13] - The total operating revenue for the current period reached ¥12,919,623,269.26, an increase from ¥9,537,365,369.12 in the previous period, representing a growth of approximately 35.5%[36] - The net profit for the current period was ¥1,573,715,199.63, compared to ¥1,051,119,928.37 in the previous period, reflecting an increase of approximately 49.8%[37] - The company reported a total comprehensive income of ¥1,573,174,459.55 for the current period, compared to ¥1,053,979,039.21 in the previous period, reflecting an increase of about 49.3%[38] Assets and Liabilities - Total assets increased by 13.66% to CNY 33.29 billion compared to the end of the previous year[4] - Net assets attributable to shareholders increased by 8.22% to CNY 12.68 billion compared to the end of the previous year[4] - The total liabilities increased to CNY 19,603,940,917.65 from CNY 16,503,702,622.54 year-over-year, reflecting a growth of approximately 12.7%[25] - The company's non-current liabilities rose to CNY 7,183,738,247.34 from CNY 4,852,144,561.05, marking an increase of approximately 48.0%[25] - The total current liabilities amounted to CNY 12,420,202,670.31, compared to CNY 11,651,558,061.49 in the previous year, representing an increase of about 6.6%[25] - Current assets totaled RMB 13.11 billion, compared to RMB 10.62 billion at the end of 2019[22] - The cash and cash equivalents decreased to CNY 324,435,882.21 from CNY 370,883,013.83, a decline of approximately 12.5%[26] - The company's long-term borrowings increased to CNY 5,213,031,289.23 from CNY 3,357,579,121.38, reflecting a growth of about 55.2%[25] Cash Flow - Net cash flow from operating activities was CNY 748.80 million, an increase of 35.28% year-on-year[4] - The cash flow from operating activities increased to CNY 1,319,804,268.71, up from CNY 972,069,262.32 in the same period last year, reflecting a growth of 36%[42] - The company reported a total cash inflow from financing activities of CNY 6,173,794,181.86, slightly down from CNY 6,345,633,088.33 in the previous year[43] - Cash inflow from operating activities totaled 305,770,719.16 CNY, down from 878,457,595.45 CNY in the previous period[44] - Cash outflow for investment activities was 387,696,237.09 CNY, compared to 1,435,873,768.81 CNY in the previous period, showing a reduction in investment spending[44] Research and Development - Research and development expenses surged to CNY 261.82 million, up from CNY 74.46 million, reflecting an increase of about 251.5%[30] - The research and development expenses for the current period were ¥592,531,401.21, significantly higher than ¥268,139,199.84 in the previous period, showing an increase of approximately 121%[36] - Research and development expenses for the current period were CNY 6,737,393.99, a decrease of 84.7% compared to CNY 44,059,136.80 in the previous year[39] Market and Industry Trends - The wind turbine blade market demand remains strong, leading to significant increases in production capacity and profitability in the wind power blade sector[13] - The glass fiber industry experienced a decline in export business due to the COVID-19 pandemic, but domestic recovery was rapid, resulting in growth in production and sales[13] - The lithium battery separator sector capitalized on the recovery of the new energy vehicle and power battery industries, significantly increasing market share and export volume[13] Shareholder Information - The total number of shareholders at the end of the reporting period was 41,956[8] - The company has no overdue or unfulfilled commitments from major shareholders or related parties during the reporting period[14] Other Financial Information - The company received government subsidies amounting to CNY 146.70 million during the reporting period[5] - There were no significant securities or derivative investments during the reporting period[15] - The company did not undergo an audit for the third quarter report[47]

Financial Performance - The company's operating revenue for the reporting period reached ¥7,587,429,173.92, representing a 25.07% increase compared to the same period last year[11]. - The net profit attributable to shareholders was ¥923,194,286.32, marking a 40.87% increase year-on-year[11]. - The net cash flow from operating activities was ¥684,410,937.18, which is a 63.52% increase compared to the previous year[11]. - Basic earnings per share increased to ¥0.5501, reflecting a 40.87% growth from the previous year[11]. - Total assets at the end of the reporting period amounted to ¥31,569,958,641.38, a 7.80% increase from the end of the previous year[11]. - The net assets attributable to shareholders reached ¥12,047,284,856.09, showing a 2.79% increase compared to the previous year[11]. - The weighted average return on equity was 7.64%, up from 5.95% in the same period last year[11]. - The company reported a significant increase in non-recurring gains and losses, which are applicable for this reporting period[12]. - The company achieved a revenue of 237 million yuan from lithium battery separators, with overseas market development resulting in a breakthrough in exports, accounting for about 15% of total revenue[19]. - The company reported a total profit of ¥1,123,008,806.52 for the first half of 2020, compared to ¥790,047,085.40 in the same period of 2019, marking a 42.1% increase[150]. Market and Product Development - The company achieved a sales volume of 4,588 MW in wind turbine blades, generating revenue of 3.27 billion CNY and a net profit of 390 million CNY, significantly increasing its market share in the domestic wind power industry[15]. - The glass fiber segment sold 456,000 tons, resulting in revenue of 2.96 billion CNY and a net profit of 480 million CNY, demonstrating resilience despite industry challenges[17]. - The company has an annual production capacity of 8.35 GW for wind turbine blades, with production bases strategically located across China to cover all target markets[15]. - The company plans to enhance its international market presence by leveraging its Jiangsu international factory and overseas R&D centers, aiming to deepen cooperation with international clients[16]. - The company is focusing on the development of large-scale offshore wind turbine blades to meet increasing demand in the offshore wind market[15]. - The company has optimized its product structure and production capacity in response to the COVID-19 pandemic and trade tensions, leading to growth in sales and profitability[17]. - The company is actively developing new technologies and products, including a series of innovative lithium battery separator devices[25]. - The company launched 12 new products in the 70m/80m blade category, including the 2.5MW series SI68.6B, capturing significant market share[27]. Research and Development - The company is committed to continuous investment in R&D for new technologies and products, particularly in the fields of renewable energy and advanced materials[15]. - The company’s R&D investment increased by 34.57% to CNY 310 million, driven by significant expenses in the wind blade project[29]. - Research and development expenses increased to ¥330,711,602.69, a significant rise of 70.8% from ¥193,682,515.10 in the first half of 2019[149]. - The company holds 795 valid patents, including 334 invention patents, reflecting its strong innovation capabilities in the new materials sector[22]. Financial Management and Investments - The company has established a centralized procurement system for raw materials, enhancing its bargaining power and ensuring cost efficiency[16]. - The company reported a government subsidy income of 123.51 million CNY, contributing positively to its financial performance[14]. - The total investment during the reporting period was 1,552,495,309.78 yuan, a 59.04% increase compared to the previous year[38]. - The company has ongoing major non-equity investments, indicating active expansion strategies[39]. - The company is investing in new production lines, including a lithium battery separator production line with an investment of 141,249,800.45 yuan[40]. Corporate Governance and Compliance - The company has established a "4+N" management system to improve strategic management and performance evaluation[52]. - The company commits to ensuring that its subsidiaries operate independently and will not interfere with the decision-making processes of the listed company[60]. - The company guarantees that all assets of the listed company and its subsidiaries are independently owned and controlled, with no violations regarding asset occupation[60]. - The company has not reported any significant litigation or arbitration matters during the reporting period[76]. - The company has no penalties or rectification issues during the reporting period[77]. Environmental and Social Responsibility - The company has implemented environmental monitoring and has not experienced any environmental pollution incidents during the reporting period[103]. - The company has actively participated in poverty alleviation efforts, donating 641.55 thousand during the pandemic, including 350 thousand to the "Shan Jian Public Welfare" fund[105]. - The company has established environmental management systems and regularly maintains its environmental facilities, ensuring compliance with emission standards[102]. - The company reported a total investment of 4.98 million yuan in education poverty alleviation and 22.04 million yuan in other projects[106]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,189[114]. - China National Building Material Group holds 60.24% of the shares, amounting to 1,010,874,604 shares[114]. - The company has no changes in controlling shareholders or actual controllers during the reporting period[119]. - The company has not conducted any repurchase transactions among the top 10 ordinary shareholders during the reporting period[118]. Debt and Financing - The company’s long-term credit rating for "16 Tai Glass Bond" is AA with a stable outlook, while "18 Zhongcai Y1" has a credit rating of AA+ with a stable outlook[129][130]. - The company’s bond interest payments have been made in a timely manner, reflecting its financial stability[125]. - The total liabilities increased to CNY 18.52 billion, up from CNY 16.50 billion, representing a growth of approximately 12.2% year-over-year[144]. - The company reported no overdue debts during the reporting period, maintaining a strong credit standing[136]. Asset Management - The total assets increased to RMB 31,569,958.64 thousand from RMB 29,285,114.89 thousand, reflecting growth in the company's asset base[143]. - The company’s total equity attributable to shareholders decreased by 79,091,313.18 CNY during the reporting period[161]. - The total comprehensive income for the period was reported at -634,709.88 CNY, indicating a decline compared to the previous year[163].