Financial Performance - The company's operating revenue for the first half of 2022 was CNY 2,538,680,501.84, a slight increase of 0.13% compared to CNY 2,535,504,901.34 in the same period last year[26]. - Net profit attributable to shareholders decreased by 5.91% to CNY 291,474,739.78 from CNY 309,782,948.05 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was CNY 265,685,802.77, down 8.96% from CNY 291,824,396.72 in the previous year[26]. - The net cash flow from operating activities increased by 6.90% to CNY 240,335,992.17 compared to CNY 224,825,323.55 in the same period last year[26]. - Basic earnings per share decreased by 5.97% to CNY 0.2314 from CNY 0.2461 year-on-year[26]. - Total assets at the end of the reporting period were CNY 8,000,694,868.14, reflecting a growth of 3.10% from CNY 7,760,132,146.28 at the end of the previous year[26]. - Net assets attributable to shareholders increased by 6.02% to CNY 4,024,887,418.86 from CNY 3,796,219,407.46 at the end of the previous year[26]. - The weighted average return on equity decreased by 1.66 percentage points to 7.43% from 9.09% in the previous year[26]. - Operating costs rose by 9.52% to CNY 1,747,445,662.16, primarily due to increased raw material procurement costs and reclassification of transportation expenses[73]. - The overall gross profit margin fell to 31.17%, down 5.90 percentage points from 37.07% in the same period last year[77]. Business Strategy and Development - The company is focusing on high-end markets in the electronic product sector, aiming to replace foreign products in fields such as aerospace, military, and nuclear power[43]. - The company plans to accelerate the development of high-voltage and functional cable accessories, as well as intelligent online monitoring systems to meet customer demands[46]. - The company is expanding its presence in the new energy sector, particularly in wind power and electric vehicles, driven by national policies promoting carbon neutrality[41]. - The company aims to enhance its brand recognition in high-end markets by continuously improving its technology and product quality[43]. - The company continues to focus on the synergistic development of new materials and new energy as its main growth direction[70]. - The company is focusing on the development of new products and technologies to ensure sustained growth and market relevance[140]. Research and Development - The company completed the development of two self-rolling tube products with features such as voltage resistance and waterproofing, applicable in aerospace and military fields[51]. - The company developed a new type of PET heat shrinkable tube and obtained UL certification, enhancing its product lineup for market expansion[51]. - The company established the "WOER High Voltage Laboratory," capable of testing projects across various voltage levels up to 500kV, supporting technology development and product design[52]. - The company is increasing its investment in research and development to maintain technological leadership and address potential competition[140]. - Research and development expenses were CNY 147,661,263.12, a decrease of 3.84% compared to CNY 153,558,595.20 in the previous year[73]. Market and Industry Trends - The domestic wire and cable industry has exceeded CNY 1 trillion in sales revenue, maintaining its position as the largest market globally[38]. - The electric power industry is transitioning towards high-quality development, providing growth opportunities for the company’s products[37]. - The company's wire products are transitioning from consumer electronics to high-speed communication and automotive applications, achieving significant results[47]. - The revenue from new energy products increased by 34.83% year-over-year, reaching ¥272,647,768.21, with a gross margin of 38.24%[82]. - The revenue from electronic products decreased by 11.13% year-over-year, totaling ¥979,282,056.09, with a gross margin of 32.48%[82]. - The overseas revenue grew by 27.70% year-over-year, amounting to ¥347,572,224.31, while the cost of sales increased by 50.90%[85]. Risk Management - The management has outlined potential risks and corresponding measures in the report, emphasizing the importance of investor awareness regarding investment risks[5]. - The company is actively addressing macroeconomic risks by enhancing policy research and market analysis to adapt to changes in national policies and economic conditions[135]. - The company faces risks related to rising raw material costs, particularly copper and petroleum products, which significantly impact production costs[136]. - The company plans to strengthen supplier relationships and optimize procurement management to mitigate raw material price volatility[136]. Corporate Governance and Shareholder Engagement - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company held its first extraordinary shareholders' meeting of 2022 on January 13, with a participation rate of 30.25%[1]. - The annual shareholders' meeting for 2021 took place on May 10, with a participation rate of 17.52%[1]. - There were no stock incentive plans or employee stock ownership plans implemented during the reporting period[3]. - The company emphasizes sustainable development and has invested significantly in research and development for new technologies[8]. Subsidiaries and Investments - The company established two new subsidiaries, Wuhan Wol New Materials Co., Ltd. and Wuhan Wol New Energy Co., Ltd., each with an investment of 50 million CNY, fully funded by the company[104]. - The major subsidiary, Changzhou Wol Nuclear Material Co., Ltd., reported a net profit of CNY 22,029,863.96, contributing over 10% to the company's net profit[126]. - The company has established four new subsidiaries in Wuhan, with no significant impact on overall production and performance for the current year[129]. Financial Management - The company reported a significant increase of 285.33% in net cash and cash equivalents, totaling CNY 46,713,378.20, compared to a decrease of CNY 25,205,083.74 in the previous year[73]. - The company has a total approved external guarantee amount of 30 million yuan, with an actual guarantee balance also at 30 million yuan at the end of the reporting period[188]. - The total approved guarantee amount for subsidiaries during the reporting period was CNY 75,000 million, with actual guarantees amounting to CNY 33,773.88 million[194]. - The actual guarantee amount accounted for 9.14% of the company's net assets[194]. - The company engaged in entrusted financial management with a total amount of CNY 14,000 million, and the remaining balance was CNY 6,500 million[198].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,154,568,092.21, a decrease of 1.87% compared to ¥1,176,524,689.08 in the same period last year[4] - Net profit attributable to shareholders was ¥106,849,435.89, down 31.64% from ¥156,304,329.27 year-on-year[4] - Total operating revenue for the current period was ¥1,154,568,092.21, a decrease of 1.5% compared to ¥1,176,524,689.08 in the previous period[37] - Net profit for the current period was ¥113,064,538.49, down 30.9% from ¥164,192,663.97 in the previous period[40] - Total comprehensive income for the period was 81,924,709.02, compared to 141,735,573.58 in the previous period, representing a decrease of approximately 42.2%[44] - Basic and diluted earnings per share were both 0.0848, down from 0.1242 in the previous period, indicating a decline of about 31.8%[44] Cash Flow - The net cash flow from operating activities increased significantly by 277.36%, reaching ¥71,368,172.98 compared to ¥18,912,448.56 in the previous year[4] - Cash inflow from sales of goods and services was 948,686,843.20, compared to 915,591,042.64 in the previous period, reflecting a growth of about 3.6%[45] - Cash flow from financing activities improved significantly, reaching ¥3,729.42 million, compared to a negative cash flow of ¥2,746.90 million in the previous year[21] - Cash inflow from financing activities totaled 372,891,758.00, up from 337,455,578.60 in the previous period, representing an increase of approximately 10.5%[51] - The company reported a decrease in tax payments, with cash outflow for taxes at 42,786,675.88, down from 60,753,316.55 in the previous period, a reduction of about 29.6%[48] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,879,120,490.70, reflecting a growth of 1.53% from ¥7,760,132,146.28 at the end of the previous year[6] - Total liabilities rose to ¥3,660,130,033.70, an increase of 1.0% from ¥3,623,066,398.30[34] - The company's equity attributable to shareholders increased to ¥3,871,929,013.88, up from ¥3,796,219,407.46, representing a growth of 2.0%[34] Shareholder Information - The total number of common shareholders at the end of the reporting period is 93,413, with the largest shareholder, Zhou Heping, holding 11.08% of shares, equating to 139,563,801 shares[22] - The second largest shareholder, Qiu Limin, holds 7.32% of shares, amounting to 92,189,027 shares[22] - The top ten shareholders include several private equity funds, with the largest being Guangzhou Xuan Yuan Investment Management Co., holding 1.40% of shares[22] - The report indicates that there are no significant related party transactions among the top shareholders[25] Expenses - Total operating costs increased to ¥1,049,083,469.80, up 4.0% from ¥1,008,957,977.87 in the previous period[37] - Research and development expenses for the current period were ¥72,214,115.16, compared to ¥70,944,006.95 in the previous period, indicating an increase of 1.8%[40] - The company reported a decrease in sales expenses to ¥76,608,815.32 from ¥96,356,171.32, a reduction of 20.5%[40] Other Income and Expenses - Other income increased by 33.83% to ¥1,440.54 million, mainly due to an increase in government subsidies[15] - The company reported a significant increase in non-operating income, which rose by 933.33% to ¥356.50 million, attributed to the recognition of unneeded warranty deposits[18] - The income tax expense decreased by 43.05% to ¥950.76 million, primarily due to a decline in total profit[19] - The company experienced a foreign exchange loss of 697,825.72 during the period[51] Current Assets - The company's total current assets as of March 31, 2022, amount to 3,979,104,043.37 CNY, an increase from 3,831,048,969.30 CNY at the beginning of the year[28] - Cash and cash equivalents at the end of the reporting period are 779,023,939.41 CNY, up from 738,055,625.72 CNY at the beginning of the year[28] - Accounts receivable stand at 1,757,730,284.15 CNY, slightly increasing from 1,740,753,188.78 CNY at the start of the year[28] - Inventory has increased to 677,238,017.17 CNY from 596,310,518.08 CNY at the beginning of the year[28] - The company has a total of 416,955,156.54 CNY in notes receivable, down from 422,120,788.08 CNY at the beginning of the year[28] Audit and Reporting - The company did not conduct an audit for the first quarter report[52]

Financial Performance - The company's operating revenue for 2021 was CNY 5,406,550,857.81, representing a 32.04% increase compared to CNY 4,094,777,696.64 in 2020[24]. - The net profit attributable to shareholders for 2021 was CNY 552,709,917.98, a 39.66% increase from CNY 395,754,073.94 in 2020[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 527,685,535.77, up 52.19% from CNY 346,722,720.64 in 2020[24]. - The basic earnings per share for 2021 was CNY 0.44, an increase of 41.94% compared to CNY 0.31 in 2020[24]. - The net cash flow from operating activities was CNY 610,587,673.88, a decrease of 20.46% from CNY 767,684,200.94 in 2020[24]. - The weighted average return on net assets increased to 15.67%, up by 2.84 percentage points from 12.83% in the previous year[28]. - Total assets reached ¥7,760,132,146.28, representing a 12.62% increase from ¥6,890,783,591.18 at the end of the previous year[28]. - Net assets attributable to shareholders increased by 15.98% to ¥3,796,219,407.46 from ¥3,273,216,346.58 in the previous year[28]. - The gross profit margin for the company's products decreased to 32.49%, down 6.83 percentage points from the previous year[83]. - The total operating costs rose to CNY 1,459,935,891.77, a 42.88% increase compared to CNY 1,021,809,668.22 in the previous year[93]. - The company's total operating costs increased by 46.89% to ¥3,650,076,585.70, primarily due to rising raw material costs and increased transportation expenses[84]. Market and Business Development - The company reported a significant increase in user data and market expansion efforts, although specific figures were not disclosed in the report[24]. - The company is focused on new product development and technological advancements to enhance its market position[24]. - The wind power business is expected to grow significantly due to supportive policies and the transition to renewable energy in China[45]. - The electric wire and cable industry in China has surpassed ¥1 trillion in sales revenue, maintaining its position as the largest market globally[42]. - The market share of new energy vehicles in China reached 13.4% in 2021, with sales exceeding 3.5 million units[46]. - The company is focusing on the development of high-end heat shrink materials, which are expected to see increased demand in clean energy and transportation sectors[40]. - The company achieved a total capacity of 144.2 MW from three wind power plants, generating 336 million kWh of electricity in the reporting period[53]. - The company signed contracts worth over RMB 60 million in the nuclear industry, indicating strong sales growth in nuclear-grade cable accessories[58]. - The company has developed a new generation of electric vehicle charging guns and high-voltage connectors, with a strong market presence in the domestic market[54]. - The company completed the development of seven types of nuclear-grade cable materials, marking significant progress in the nuclear power sector[58]. - The company’s electronic products have gained a higher market share in the domestic mid-to-low-end market, with ongoing efforts to penetrate high-end markets[50]. - The company plans to accelerate the development of high-voltage and functional cable accessories to meet customer demands as the power industry shifts towards high-quality development[51]. - The company achieved significant progress in R&D projects, including the development of environmentally friendly flame-retardant materials and nuclear power station cable accessories[108]. Research and Development - Research and development expenses increased by 18.75% to ¥323,968,073.18 from ¥272,812,836.21 in the previous year[84]. - The number of R&D personnel rose by 24.90% to 652 in 2021, accounting for 10.71% of the total workforce[111]. - The company holds over 1,400 valid patents, including more than 300 invention patents, and has added over 200 new authorized patents in 2021[75]. - The company plans to continue enhancing its R&D capabilities and actively promote innovation projects in various fields, including cross-linked heat shrink materials and special polymer new materials[66]. - The company plans to increase R&D investment, particularly in advanced polymer materials, and aims to maintain industry-leading technology through continuous innovation[169]. Governance and Management - The company has no controlling shareholder or actual controller as of September 11, 2019, indicating a stable governance structure[24]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[189]. - The company has revised or established multiple internal systems to enhance governance, including the subsidiary management system and the seal management system[186]. - The company maintains a transparent information disclosure process, ensuring timely and accurate communication with investors[193]. - The company actively respects and protects the rights of stakeholders, promoting a balance of interests among employees, shareholders, and the community[194]. Risks and Challenges - The company faces risks from macroeconomic conditions and policy changes, which could impact production and operations[172]. - Rising raw material costs, particularly for copper and petroleum products, pose a significant risk to production cost control and profitability[173]. - The company acknowledges management risks due to increasing complexity in organizational structure and resource integration as it scales[174]. - The company will actively monitor industry competition and adjust market strategies to mitigate potential risks from changing competitive dynamics[172]. Future Strategy - The company aims to penetrate high-end markets in automotive electronics, rail transportation, and nuclear power, gradually replacing foreign products[162]. - The company's future strategy emphasizes "new materials + new energy" as the main development direction, with a commitment to R&D investment and sustainable growth[168]. - The company will focus on new materials and new energy sectors, aiming for cost leadership and high-quality development through automation and lean production[169]. - The company intends to deepen its existing industry presence while exploring upstream and downstream opportunities to build an ecological industrial chain[169]. - The company will enhance resource coordination among subsidiaries to maximize collaborative development and efficiency[169].

证券代码：002130 证券简称：沃尔核材 公告编号：2021-102 深圳市沃尔核材股份有限公司 1 关于参加 2021 深圳辖区"沟通传递价值，交流创造良好生态" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，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工作，深圳市沃尔核材股份有限公司（以 下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举 办的"沟通传递价值，交流创造良好生态"——2021深圳辖区上市公司投资者网 上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为2021年11月30日14:00至17:00。 届时公司的副董事长、总经理王宏晖女士，财务总监马葵女士及董事会秘书 邱微女士将通过网络文字交流形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市沃尔核材股份有限 ...

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,384,445,820.34, representing a 29.07% increase year-over-year[4] - Net profit attributable to shareholders for the same period was ¥134,458,854.05, a decrease of 17.87% compared to the previous year[4] - The net profit after deducting non-recurring gains and losses was ¥132,485,617.21, down 15.24% year-over-year[4] - The basic earnings per share for Q3 2021 was ¥0.1067, a decrease of 17.92% compared to the same period last year[4] - The company experienced a 45.61% increase in total profit, reaching ¥52,741.32 million, driven by higher sales revenue and reduced expense ratios[13] - The net profit for the current period is 472,143,050.90, an increase from 321,632,962.30 in the previous period, representing a growth of approximately 46.8%[43] - The operating profit for the current period is 531,216,778.94, compared to 365,001,401.66 in the previous period, indicating a rise of about 45.4%[43] - The total profit for the current period is 527,413,190.54, up from 362,200,826.13, reflecting an increase of around 45.6%[43] - The basic earnings per share for the current period is 0.3529, compared to 0.2358 in the previous period, showing an increase of approximately 49.8%[46] Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,676,070,245.89, an increase of 11.40% from the end of the previous year[6] - Total liabilities increased to CNY 3,630,380,476.52 from CNY 3,343,145,664.64, indicating a rise of about 8.6%[37] - Non-current assets totaled CNY 3,899,894,020.84, compared to CNY 3,790,975,704.95 in the previous year, reflecting a growth of approximately 2.9%[37] - Total assets amount to CNY 6,928,249,243.05, reflecting a slight increase from CNY 6,890,783,591.18[62] - Total liabilities are reported at CNY 3,380,611,316.51, up from CNY 3,343,145,664.64[62] - Non-current assets total CNY 3,828,441,356.82, compared to CNY 3,790,975,704.95 previously[62] Cash Flow - Cash flow from operating activities for the year-to-date was ¥503,871,855.80, a decrease of 15.16% year-over-year[4] - Cash inflow from operating activities is 3,339,491,274.99, up from 2,662,504,589.19, marking a growth of about 25.4%[47] - The net cash flow from operating activities is 503,871,855.80, a decrease from 593,880,326.89 in the previous period, indicating a decline of approximately 15.1%[49] - The cash flow from investing activities shows a net outflow of -165,872,212.43, compared to -220,665,816.97 in the previous period, indicating an improvement[49] - The cash and cash equivalents increased by 114,253,631.39, compared to an increase of 69,916,764.32 in the previous period, reflecting a growth of approximately 63.3%[49] - The total operating cash outflow is 2,835,619,419.19, up from 2,068,624,262.30, indicating an increase of about 37.1%[49] - The ending balance of cash and cash equivalents is CNY 706,301,737.78, an increase from CNY 576,405,934.56[53] Shareholder Information - Total number of common shareholders at the end of the reporting period is 92,586, with the largest shareholder holding 11.08% of shares[18] - The company has a total of 139,563,801 shares held by the largest shareholder, Zhou Heping, representing 11.08% of the total shares[21] - The company has not disclosed any related party relationships among the top shareholders, except for known associations[21] Inventory and Receivables - The company reported a significant increase in inventory, which rose by 38.46% to ¥66,284.13 million, attributed to rising raw material prices and increased stock levels[12] - Accounts receivable increased to ¥1,733,141,187.12 from ¥1,471,548,990.91, reflecting a growth of about 17.8% year-over-year[30] - Inventory levels rose to ¥662,841,262.10, up from ¥478,707,237.65, indicating a significant increase of approximately 38.4%[30] Investments and Strategic Moves - The company has completed the sale of 1,697,800 shares of Changyuan Technology Group, with a total of 29,258,471 shares planned for sale[25] - The company plans to transfer 49% equity of Huizhou Youting Electronics Co., Ltd. for a total consideration of ¥41,005,500, which has been approved by the shareholders[26] - The company has authorized management to dispose of shares based on market conditions, indicating a strategic approach to asset management[25] - The company has completed the registration procedures for changes related to the replacement of the general partner of its industrial investment fund[26] Research and Development - Research and development expenses for the quarter were CNY 236,257,105.79, compared to CNY 188,645,599.42 in the previous year, showing an increase of about 25.3%[40] - The company has shown a commitment to expanding its market presence and investing in new technologies, as evidenced by the increase in R&D spending[40] Compliance and Standards - The company has not undergone an audit for the third quarter report[62] - The company has implemented new leasing standards starting from 2021, requiring adjustments to the financial statements[53]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 2,535,504,901.34, representing a 50.26% increase compared to CNY 1,687,413,397.40 in the same period last year[29]. - The net profit attributable to shareholders of the listed company reached CNY 309,782,948.05, a significant increase of 132.65% from CNY 133,156,497.09 in the previous year[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 291,824,396.72, up 144.72% from CNY 119,248,152.48 year-on-year[29]. - The basic earnings per share for the reporting period was CNY 0.2461, reflecting a 132.61% increase compared to CNY 0.1058 in the previous year[29]. - The total assets at the end of the reporting period amounted to CNY 7,457,249,018.73, an increase of 8.22% from CNY 6,890,783,591.18 at the end of the previous year[29]. - The net assets attributable to shareholders of the listed company were CNY 3,547,405,650.28, which is an 8.38% increase from CNY 3,273,216,346.58 at the end of the previous year[29]. - The net cash flow from operating activities was CNY 224,825,323.55, showing a decrease of 29.62% compared to CNY 319,452,696.47 in the same period last year[29]. - The weighted average return on net assets increased to 9.09%, up by 4.54 percentage points from 4.55% in the previous year[29]. - The overall gross profit margin decreased to 37.07%, down by 1.60 percentage points from 38.67% in the first half of 2020[76]. - The gross profit margin for electronic products was 40.19%, a decrease of 4.67 percentage points year-on-year, primarily due to rising raw material costs[77]. Investments and R&D - Research and development expenses increased by 46.28% to RMB 153.56 million, driven by enhanced investment in R&D and technology[72]. - The company holds over 1,400 valid patents, including more than 200 invention patents, and has added over 90 new patents in the first half of 2021[54]. - Significant investment in R&D for new technology development, contributing to cost reduction and efficiency improvement[146]. - The company plans to enhance management capabilities and internal controls to address the complexities arising from business expansion[122]. - The company plans to maintain its industry-leading position by increasing R&D investment and enhancing its technical talent pool[123]. - The company aims to strengthen cooperation with relevant research institutions to keep up with the latest technological developments and opportunities[123]. Market and Product Development - The company is expanding into high-end markets, particularly in nuclear power and smart manufacturing, to enhance its competitive edge[40]. - The company’s electric vehicle charging products have gained significant market recognition and share, benefiting from the recovery of the electric vehicle industry[48]. - The company launched a new gigabit vehicle Ethernet harness, addressing the growing demand for high-speed data transmission in smart vehicles[60]. - The company completed the development of a new segmented wind power busbar, which significantly reduces installation costs compared to traditional copper cables[59]. - The company’s focus on renewable energy aligns with national strategies for energy structure improvement and climate change response, ensuring stable cash flow and profit returns[47]. Financial Management and Cash Flow - Cash and cash equivalents decreased by approximately ¥25.21 million, a decline of 115.06% compared to an increase of ¥167.32 million in the previous year[75]. - The net cash flow from financing activities was negative at approximately ¥117.76 million, a significant decrease of 778.15% compared to ¥13.41 million in the previous year[75]. - The company reported a net investment income of approximately ¥3.60 million, accounting for 0.97% of total profit, with some items being sustainable[86]. - The company reported a total investment of CNY 135.38 million during the reporting period, a decrease of 18.90% compared to the previous year[101]. Corporate Governance and Compliance - The company emphasizes compliance with laws and regulations, enhancing its operational standards and internal control systems[140]. - The company strictly adhered to information disclosure obligations, ensuring timely and accurate communication with shareholders and creditors[144]. - The company maintains a good integrity status with no reported issues[163]. - The company does not plan to distribute cash dividends or issue bonus shares for the half-year period[129]. Risks and Challenges - The company faces risks related to macroeconomic conditions, industry competition, and rising raw material costs, with strategies in place to mitigate these risks[119][120]. - The company emphasizes maintaining strong relationships with suppliers to manage raw material costs effectively[120]. Subsidiaries and Related Transactions - The company established two new subsidiaries during the reporting period, which had no significant impact on overall operations and performance[118]. - The company engaged in related transactions with Nanjing Suwo New Materials Co., Ltd., totaling 1,191.90 million CNY, accounting for 0.47% of similar transaction amounts[165]. - The company has a rental agreement with Dongguan Kangye Investment Co., Ltd., with a monthly rent of 900,000 CNY, totaling 5,400,000 CNY for the first half of 2021[181]. - The company has approved external guarantees totaling 33,000 million CNY, with no actual guarantees issued during the reporting period[185]. Legal Matters - The company faced a lawsuit regarding a share transfer agreement, with a claim amount of 1.0768 million RMB, which was dismissed by the court[159]. - The company was ordered to pay 2 million RMB in damages related to environmental pollution claims[159]. - There were no penalties or rectification measures during the reporting period[162].

深圳市沃尔核材股份有限公司 2021 年第一季度报告全文 2021 年第一季度报告 2021 年 04 月 1 深圳市沃尔核材股份有限公司 2021 年第一季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人周文河、主管会计工作负责人马葵及会计机构负责人(会计主管 人员)赵飞艳声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳市沃尔核材股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 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 | --- | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------|------------------|-------|------------------|---------------------------| ...

Financial Performance - The company's operating revenue for 2020 was CNY 4,094,777,696.64, representing a 2.93% increase from CNY 3,978,083,207.29 in 2019[23]. - The net profit attributable to shareholders for 2020 was CNY 395,754,073.94, an increase of 88.82% compared to CNY 209,590,265.96 in 2019[23]. - The net profit after deducting non-recurring gains and losses was CNY 346,722,720.64, up 91.42% from CNY 181,135,805.54 in the previous year[23]. - The net cash flow from operating activities was CNY 767,684,200.94, a 22.20% increase from CNY 628,215,609.47 in 2019[23]. - Basic earnings per share for 2020 were CNY 0.31, an increase of 82.35% from CNY 0.17 in 2019[23]. - Total assets at the end of 2020 were CNY 6,890,783,591.18, reflecting a 6.98% increase from CNY 6,441,062,394.82 at the end of 2019[23]. - The weighted average return on equity was 12.83%, an increase of 5.13 percentage points from 7.70% in 2019[23]. - The company's quarterly revenue for Q4 reached ¥1,334,753,001.09, with a total annual revenue growth observed across all quarters[28]. - The net profit attributable to shareholders for Q3 was ¥163,716,833.65, while the net profit for Q4 was ¥98,880,743.20, indicating fluctuations in profitability[28]. - The net cash flow from operating activities for Q3 was ¥274,427,630.42, showcasing strong cash generation capabilities during that period[28]. Investment and Assets - The company's long-term equity investments decreased by 801.34 million CNY, primarily due to the recovery of investments in Fujia Wool worth 774.20 million CNY[48]. - Fixed assets increased by 23,470.18 million CNY, mainly due to the capitalization of the Phase II He Yai wind power project[48]. - Cash and cash equivalents increased by 8,775.13 million CNY, attributed to a rise in net cash flow from operating activities[48]. - Accounts receivable rose by 10,448.21 million CNY, driven by sales growth and increased receivables from the State Grid's electricity price subsidies[48]. - The company's intangible assets decreased by 2,967.89 million CNY, mainly due to normal amortization[48]. - The total cash and cash equivalents increased by 7.60% to CNY 85,558,936.15, compared to CNY 79,516,432.94 in the previous year[112]. - The company's total liabilities increased by 3.88% to CNY 596,120,164.92 due to the issuance of new bonds during the reporting period[120]. - The total value of restricted assets as of December 31, 2020, is CNY 561,267,397.08, including cash, receivables, fixed assets, and intangible assets[124]. Research and Development - The company’s R&D expenses increased by 19.72% to RMB 272.81 million, reflecting a commitment to enhancing innovation capabilities[77]. - The company has established a professional R&D team and holds multiple patents, enhancing its technological advantages in new materials and products[53]. - R&D investment reached 258.55 million yuan, representing 6.31% of operating revenue, up from 5.52% in the previous year[111]. - The number of R&D personnel increased by 5.03% to 522, accounting for 8.86% of the total workforce[111]. - The company plans to continue increasing R&D investment to enhance core competitiveness and expand product applications[108]. Market Strategy and Operations - The company is focusing on high-end markets, particularly in nuclear power and intelligent manufacturing, to enhance its competitive edge[40]. - The company plans to expand its product lines in high-end markets, particularly in automotive electronics and rail transit, to capture growth opportunities[40]. - The company aims to enhance its technology and product quality to penetrate the mid-to-high-end market segments further[40]. - The company plans to continue its cost leadership and differentiated competition strategy in the new energy vehicle sector, focusing on product quality and service[44]. - The domestic market for new energy vehicles is expected to expand continuously due to improved infrastructure and supportive policies[44]. - The company aims to enhance its procurement management and negotiation capabilities to mitigate risks from rising raw material costs, particularly copper and petroleum products[163]. - The company will actively monitor industry competition and adjust its market strategies accordingly to maintain its competitive edge[162]. - The company is focused on expanding its market presence and leveraging its brand effect to increase market share[162]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.3 per 10 shares to all shareholders[7]. - The cash dividend proposed for 2020 is CNY 0.3 per 10 shares, with a total cash dividend amounting to CNY 37,767,811.86, which is 100% of the distributable profit[178]. - The total distributable profit for the year was CNY 795,110,686.03, indicating a strong retention of earnings for future growth[178]. - The company did not propose any stock dividends or capital reserve transfers for the year 2020, focusing solely on cash dividends[178]. - The total number of shares for the cash dividend distribution is 1,258,927,062, ensuring a broad distribution to shareholders[178]. Corporate Governance and Compliance - The company has committed to not engaging in any business that competes with its core operations, ensuring a clear focus on its market[182]. - The actual controller has fulfilled all commitments made during the reporting period, maintaining compliance with corporate governance standards[182]. - The company has established a plan to improve its governance structure and incentivize management to enhance overall operational efficiency[166]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[189]. - There were no significant accounting errors that required retrospective restatement during the reporting period[190]. Risks and Challenges - The company faces risks from macroeconomic conditions and policy changes, which could impact production and operations[162]. - The company emphasizes the importance of effective management and internal controls as it scales operations and expands its workforce[166].

证券代码：002130 证券简称：沃尔核材 公告编号：2020-086 深圳市沃尔核材股份有限公司 关于参加 2020 深圳辖区"诚实守信，做受尊重的上市公司" 上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，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工作，深圳市沃尔核材股份有限公司（以下 简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的 "诚实守信，做受尊重的上市公司"——2020深圳辖区上市公司投资者网上集体接 待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网络 远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间为 2020年12月8日9:00至17:00，其中公司与投资者网上互动的时间为15:30-17:00。 届时公司董事会秘书王占君先生和财务总监马葵女士将通过网络文字交流形式 与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市 ...

Financial Performance - Net profit attributable to shareholders was ¥163,716,833.65, representing a growth of 54.44% year-on-year[8]. - Operating revenue for the period was ¥1,072,611,298.15, up 5.65% compared to the same period last year[8]. - The net profit after deducting non-recurring gains and losses was ¥156,304,551.06, up 56.69% year-on-year[8]. - The total net profit for the year-to-date was ¥296,873,330.75, which is a 50.95% increase compared to the same period last year[8]. - Basic earnings per share were ¥0.1300, reflecting a 54.39% increase compared to the same period last year[8]. - Operating profit increased by 56.25% to ¥365.00 million, up by ¥131.40 million year-on-year, attributed to optimized product structure and reduced labor costs[19]. - Total profit increased by 53.93% to ¥362.20 million, an increase of ¥126.90 million compared to the previous year[19]. - The estimated cumulative net profit for the year is projected to be CNY 356.30 million, representing a growth of 70% to 100% compared to the same period last year, which was CNY 209.59 million[36]. - Basic earnings per share (EPS) is reported at CNY 0.2830, an increase of 66.47% from CNY 0.17 in the previous year[36]. - The net profit for the current period was ¥68,336,136.45, which is a 64.3% increase from ¥41,549,895.96 in the previous period[73]. - The company's comprehensive income totalled ¥224,428,821.72, compared to ¥110,469,676.20 in the previous period, representing a growth of 102.9%[70]. - The net profit attributable to the parent company was CNY 296,873,330.75, an increase from CNY 196,667,441.02 in the previous period, representing a growth of approximately 50.9%[83]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,716,418,320.52, an increase of 4.28% compared to the end of the previous year[8]. - Total current assets as of September 30, 2020, amount to CNY 2,929.74 million, up from CNY 2,763.07 million at the end of 2019, reflecting a growth of 6.02%[43]. - Total assets as of September 30, 2020, are CNY 6,716.42 million, compared to CNY 6,441.06 million at the end of 2019, reflecting an increase of 4.27%[52]. - Total liabilities decreased to CNY 3,268.38 million from CNY 3,331.24 million, a reduction of 1.88%[52]. - The company's total equity increased to CNY 3,448.04 million from CNY 3,109.82 million, representing a growth of 10.91%[52]. - Total liabilities decreased to ¥2,929,675,073.03 from ¥3,006,302,243.96, reflecting a reduction of 2.6%[60]. - The company's total equity increased to ¥2,330,407,235.36 from ¥2,230,912,272.03, reflecting a growth of 4.5%[60]. - The company reported accounts receivable of CNY 1,367,066,877.15 and inventory valued at CNY 439,210,073.73[108]. - The total amount of accounts payable is CNY 441,143,890.27, which is a key component of current liabilities[114]. Cash Flow - The net cash flow from operating activities was ¥274,427,630.42, an increase of 33.40% year-on-year[8]. - Net cash flow from operating activities reached ¥593.88 million, a 36.91% increase from ¥433.78 million in the same period last year[19]. - The total cash inflow from operating activities was CNY 2,555,564,883.77, down from CNY 2,639,442,785.97 in the previous period, indicating a decrease of approximately 3.2%[95]. - The net cash flow from operating activities was 414,150,981.46 CNY, an increase from 314,527,100.42 CNY in the previous period, reflecting a growth of approximately 32%[102]. - The total cash outflow from investing activities was 45,288,502.65 CNY, compared to 510,297,705.15 CNY in the previous period, indicating a significant reduction in investment spending[105]. - The net cash flow from financing activities was -397,671,849.93 CNY, a decline from a positive cash flow of 147,934,526.44 CNY in the previous period, showing a shift in financing strategy[105]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 96,365[12]. - The company has not yet sold its shares in Changyuan Group, despite the board's approval for the sale[23]. Legal Matters - A lawsuit was filed against Changyuan Group regarding a share transfer agreement, with the court freezing 100% of the equity in Dongguan Kangye Investment Co., Ltd. for three years[24]. Research and Development - Research and development expenses increased significantly to ¥83,666,354.60, compared to ¥52,625,137.10 in the prior year, marking a rise of 58.9%[63]. - Research and development expenses increased significantly to ¥33,824,712.12, compared to ¥18,084,111.81 in the previous period, marking an increase of 87.2%[70]. - Research and development expenses increased to CNY 66,843,946.98 from CNY 52,591,042.27, marking a rise of approximately 27.0%[87]. Future Outlook - The company anticipates a significant increase in performance for 2020 compared to 2019, driven by various operational factors[36]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[70].