证券代码：002193 证券简称：如意集团 山东如意毛纺服装集团股份有限公司 投资者关系活动记录表 编号：2023-001 投资者关系活动类别 □特定对象调研 □分析师会议 □媒体采访 业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他（请文字说明其他活动内容） 活动参与人员 通过全景网投资者关系互动平台（http://ir.p5w.net） 参与公司 2022 年度业绩网上说明会的广大投资者。 时间 2023 年 5 月 24 日（星期三）15:00—17:00 地点 全景网投资者关系互动平台（http://ir.p5w.net/） 形式 文字问答 交流内容及具体问答 记录 去年出口市场是毛纺产品消费市场的重要支撑，今 年以来出口市场不乐观，请问公司方面今年以来出口业务 表现如何？公司做了哪些工作？ 尊敬的投资者，您好！2023 年，公司将继续围绕经 营、技术、制造三大中心开展相关工作，实现差异化开发， 发挥制造中心产业链优势，实现模式转型、快速交付，加 强质量和成本控制，最终确保实现以用户为中心，积极调 整产品结构，开拓新的产品应用领域。持续保持国际市场 稳定增长趋势，建立了以市场需求为中心的"设计 ...

Financial Performance - The company's revenue for Q1 2023 was ¥70,877,661.75, a decrease of 48.93% compared to ¥138,790,364.41 in the same period last year[5]. - The net profit attributable to shareholders was -¥31,835,062.59, representing a decline of 1,197.56% from a profit of ¥2,900,519.84 in the previous year[5]. - Basic and diluted earnings per share were both -¥0.12, down 1,300.00% from ¥0.01 in the previous year[5]. - Total operating revenue for Q1 2023 was ¥70,877,661.75, a decrease of 48.9% compared to ¥138,790,364.41 in the same period last year[25]. - Net profit for Q1 2023 was a loss of ¥32,718,020.48, compared to a profit of ¥785,274.89 in Q1 2022, indicating a significant decline[26]. - The total comprehensive income for the first quarter was -32,673,290.48 CNY, compared to 1,495,249.29 CNY in the previous period[27]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥31,307,446.21, a decrease of 73.53% compared to -¥18,041,049.60 in the same period last year[5]. - Cash and cash equivalents at the end of the period were 4,593,073.54 CNY, down from 8,464,238.60 CNY at the end of the previous period[29]. - The company experienced a 73.32% decrease in cash and cash equivalents compared to the beginning of the year, primarily due to increased cash payments for raw materials[7]. - Cash inflow from operating activities totaled 116,301,192.16 CNY, compared to 147,773,933.59 CNY in the prior year[28]. - The total cash outflow from operating activities was 147,608,638.37 CNY, compared to 165,814,983.19 CNY in the previous period[29]. - The net cash flow from financing activities was -615,603.51 CNY, compared to -1,368,513.83 CNY in the previous year[29]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,472,013,301.27, a decrease of 0.77% from ¥4,506,811,555.99 at the end of the previous year[5]. - Current liabilities totaled ¥1,583,186,437.15, slightly down from ¥1,587,399,406.99, a decrease of 0.1%[23]. - The company's total assets decreased to ¥4,472,013,301.27 from ¥4,506,811,555.99, a reduction of 0.8%[23]. - The total equity attributable to shareholders decreased to ¥2,514,253,606.36 from ¥2,546,088,668.94, a decline of 1.3%[23]. Operational Changes - The company reported a significant decrease in operating profit, down 11,263.39% year-on-year, primarily due to reduced revenue scale[9]. - The company is undergoing an asset swap with its subsidiary, transferring certain receivables and inventory in exchange for a 25.72% stake in Foshan Laika New Materials Co., Ltd.[13]. - The asset swap aims to improve the company's asset structure and enhance its sustainable profitability[13]. - The company has joined a provincial bank creditor committee to implement a debt relief plan, which includes interest rate reductions and a three-year debt extension[19]. - The company reported a significant reduction in cash reserves, which may impact liquidity and operational flexibility moving forward[20]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,247[11]. - The top shareholder, Shandong Ruiyi Technology Group Co., Ltd., held 13.95% of the shares, amounting to 36,514,665 shares[11]. Research and Development - Research and development expenses for Q1 2023 were ¥6,886,634.44, an increase from ¥6,063,445.51 in the previous year, reflecting a growth of 13.6%[26]. Legal and Regulatory Matters - The company is actively involved in legal proceedings related to the asset swap, with ongoing litigation regarding the validity of agreements and shareholder rights[18]. - The company received a ruling from the Beihai Arbitration Commission confirming the obligations of Foshan Laika's controlling shareholder to fulfill asset contribution duties[16]. Other Income and Expenses - Other income increased by ¥2,330,000, up 264.51% year-on-year, mainly due to increased government subsidies related to operations[8]. - The company incurred 97,565,030.66 CNY in cash payments for goods and services, up from 72,005,274.73 CNY year-over-year[28]. - The company's financial expenses increased to ¥7,184,647.90 from ¥6,867,944.66, reflecting a rise of 4.6%[26]. Market Outlook - Future performance guidance and market expansion strategies were not explicitly detailed in the available reports[19]. - The company has not disclosed any new product developments or technological advancements in the recent reports[19].

Financial Performance - The company's operating revenue for 2022 was ¥592,325,367.06, a decrease of 14.12% compared to ¥689,746,415.85 in 2021[22]. - The net profit attributable to shareholders was -¥154,295,392.50, representing a significant decline of 15,626.16% from a profit of ¥993,776.61 in the previous year[22]. - Basic and diluted earnings per share were both -¥0.5896, a decrease of 15,615.79% from ¥0.0038 in 2021[22]. - Total assets at the end of 2022 were ¥4,506,811,555.99, down 6.25% from ¥4,807,343,244.56 at the end of 2021[22]. - The net assets attributable to shareholders decreased by 5.81% to ¥2,546,088,668.94 from ¥2,703,218,202.09 in 2021[22]. - The company reported a significant increase in non-operating income, with total non-operating income of ¥88,704,448.56 in 2022 compared to ¥66,870,302.69 in 2021[22]. - The company plans not to distribute cash dividends or issue bonus shares for the year[6]. Cash Flow and Investment - The net cash flow from operating activities improved to ¥71,851,110.63, a 127.35% increase from -¥262,721,049.58 in 2021[22]. - The company reported a significant reduction in sales expenses by 49.70% to CNY 33,842,083.80 due to a decrease in veil trading business[69]. - Investment cash outflow increased by 403.05% to CNY 8,387,861.43, primarily due to increased fixed asset purchases[80]. - The net increase in cash and cash equivalents was CNY 8,388,024.69, a 102.19% increase year-over-year[80]. Market Performance - Domestic sales fell by 39.99% to CNY 344.47 million, while international sales surged by 114.08% to CNY 247.86 million[59]. - The clothing segment generated CNY 375.67 million, accounting for 63.42% of total revenue, with an increase of 11.66% year-on-year[58]. - The woolen segment reported revenue of CNY 178.35 million, representing a decline of 7.70% from the previous year[58]. - The company has established a rapid market response mechanism to adapt to changing market demands and enhance customer satisfaction[48]. Research and Development - The company has increased its R&D investment in 2022, focusing on functional product diversification and optimizing production processes, which has led to a reduction in delivery times[33]. - The company is developing new functional fabrics, including antibacterial and antiviral wool suits, to meet consumer demand for multifunctional clothing[76]. - Research and development investment was CNY 30,881,079.68, a decrease of 6.06% from the previous year, accounting for 5.21% of total revenue[76]. - The number of R&D personnel decreased by 30.37% to 188, while their proportion of total employees increased to 13.71%[76]. Corporate Governance - The company has established a modern corporate governance structure, including a board of directors with 7 members, 3 of whom are independent directors[115]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance[123]. - The company has implemented a transparent performance evaluation and incentive mechanism for its executives[118]. - The company ensures timely and accurate information disclosure, adhering to relevant regulations and guidelines[120]. Compliance and Regulatory Issues - The company received a warning letter from the Shandong Securities Regulatory Bureau for failing to disclose related party transactions properly in 2019, involving funds with its controlling shareholder, Shandong Ru Yi Technology Group Co., Ltd.[139]. - The company has committed to improving its compliance with securities laws and enhancing the quality of its information disclosure following the warnings received[140]. - The company has faced multiple regulatory actions due to failures in timely disclosures related to significant lawsuits and financial obligations, including a bank deposit freeze of RMB 97 million[143]. - The company has been under scrutiny for not disclosing major events that could impact its financial standing, including bond defaults and legal disputes[143]. Sustainability and Environmental Responsibility - The company has established a dedicated management department for environmental protection, ensuring compliance with relevant laws and standards[183]. - The company has implemented measures to reduce energy consumption and environmental pollution by adopting clean production technologies[195]. - The company achieved a significant reduction in water usage, with the water consumption per unit of wool textile products far below the standard of 12 m³/100 m for advanced wool textile enterprises[185]. - The company promotes sustainable development by prioritizing the use of renewable resources and eco-friendly materials in product design[193]. Talent Development and Employee Welfare - The company emphasizes talent development through a structured training program, combining on-site and online training methods[170]. - The company employs a competitive salary policy, with performance-based pay for management and technical staff, and piece-rate pay for frontline workers[169]. - The company has a total of 309 employees with a bachelor's degree or higher, and 1,265 employees with a technical school education or below[168]. - The company emphasizes employee welfare, investing in various benefits such as insurance, housing distribution, and health facilities to maintain a harmonious labor relationship[189].

编号：2017001 证券代码：002193 证券简称：山东如意 山东济宁如意毛纺织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 | | 投资者关系 | □ 媒体采访 | □ 业绩说明会 | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 广发证券 张萌 | | | 及人员姓名 | | | | 时间 | 2017 年 05 月 04 | 日 | | 地点 | 公司会议室 | | | 上市公司接待 | | | | 人员姓名 | 董事会秘书 徐长瑞 | | | 投资者关系活动 | | 一、简单介绍公司一季度的业绩情况。 | | 主要内容介绍 | 二、问答环节 | | | | 1 、公司 2016 | 年未把温州庄吉纳入财务报表 ...

编号：2016001 证券代码：002193 证券简称：山东如意 山东济宁如意毛纺织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 | | 投资者关系 | □ 媒体采访 | □ 业绩说明会 | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | | √ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 国联证券 曹亮 潘慧 | | | 及人员姓名 | | | | 时间 | 2016 年 10 月 27 | 日 | | | | | | 地点 | 公司会议室 | | | 上市公司接待 | | | | 人员姓名 | 董事会秘书 徐长瑞 | | | 投资者关系活动 | | 一、简单介绍公司三季度的业绩情况。 | | 主要内容介绍 | | 二、简单介绍公司历史沿革等基本情况。 | | | 三、问答环节 | ...

证券代码：002193 证券简称：如意集团 山东如意毛纺服装集团股份有限公司 投资者关系活动记录表 编号：2021-001 | --- | --- | --- | --- | --- | |----------------|----------------------------------------------------------|----------------------------------------------------|-------------------|-------| | | | | | | | 投资者关系 | □特定对象调研 □分析师会议 | | | | | 活动类别 | □媒体采访 | 业绩说明会 | | | | | □新闻发布会 □路演活动 | | | | | | □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 | ） | | 人员姓名 | 参与公司 2020 | 年度业绩网上说明会的广大投资者。 | | | | 时间 2021 ...

证券代码：002193 证券简称：如意集团 山东如意毛纺服装集团股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | |-------------------------|---------------------------------------|----------------------------------------------------------------------------------------------------------------| | 投资者关系活动类别 | □媒体采访 \n□现场参观 | □特定对象调研 □分析师会议 \n 业绩说明会 \n□新闻发布会 □路演活动 | | 活动参与人员 | （ http://ir.p5w.net 会的广大投资者。 | □其他（请文字说明其他活动内容） 通 过 全 景 网 投 资 者 关 系 互 动 平 台 ）参与公司 2021 年度业绩网上说明 | | 时间 | 2022 年 5 月 24 | 日（星期二） 15:00 — 17:00 | | 地点 | | 全景网投资者关系互动平台（ ...

证券代码：002193 证券简称：如意集团 公告编号：2022-040 山东如意毛纺服装集团股份有限公司 关于参加山东辖区上市公司2022年度投资者 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、 误导性陈述或者重大遗漏。 为进一步加强与投资者的互动交流，山东如意毛纺服装集团股份有限公司 （以下简称"公司"）将参加由中国证券监督管理委员会山东监管局联合山东上 市公司协会举办的"山东辖区上市公司2022年度投资者网上集体接待日"活动， 现将有关事项公告如下： 本次投资者网上集体接待日活动将通过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，投资者可以登陆"投资者关系互动平台" （http://ir.p5w.net/）参与公司本次投资者集体接待日活动，活动时间为2022 年11月16日（星期三）下午14:00－16:00。 届时公司副总经理、董事会秘书、证券事务代表徐长瑞先生及财务总监张义 英女士将与投资者通过网络在线交流形式，就投资者关心的问题进行沟通与交 流。 欢迎广大投资者积极参与。 特此公告。 山东如意毛纺服装集团股份有限公司 董事会 202 ...

Revenue and Profit - The company's revenue for the third quarter reached ¥197,652,167.60, an increase of 17.86% compared to the same period last year, and a year-to-date revenue of ¥567,003,014.78, up 32.34% year-on-year[5]. - The net profit attributable to shareholders was a loss of ¥21,596,997.53, a decrease of 1,586.65% year-on-year, while the year-to-date net profit was ¥17,208,710.84, an increase of 139.75%[5]. - The operating profit increased by 138% year-on-year, attributed to increased orders for professional clothing and reduced sales expenses due to a contraction in trade business[10]. - Total operating revenue for Q3 2022 reached ¥567,003,014.78, an increase of 32.4% compared to ¥428,429,358.26 in the same period last year[21]. - Net profit for Q3 2022 was ¥7,924,280.17, a significant recovery from a net loss of ¥44,074,999.21 in Q3 2021[22]. - The profit attributable to shareholders of the parent company was ¥17,208,710.84, compared to a loss of ¥43,296,287.00 in the previous year[22]. Cash Flow and Liquidity - Operating cash flow net amount decreased by 95.66% year-to-date, totaling -¥15,972,853.04[5]. - The net cash flow from operating activities was -CNY 15,972,853.04, an improvement compared to -CNY 368,032,948.19 in the previous year[24]. - The company's cash and cash equivalents decreased to CNY 9.18 million from CNY 30.44 million, a decline of approximately 69.9%[16]. - Cash and cash equivalents at the end of the period were CNY 6,422,999.84, down from CNY 18,416,873.78 at the end of the previous year[24]. - The total cash flow for the period was a net decrease of CNY 22,168,561.07, compared to a decrease of CNY 392,548,833.47 in the same period last year[24]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,812,473,416.81, a slight increase of 0.11% from the end of the previous year[5]. - Total assets as of the end of Q3 2022 were ¥4,812,473,416.81, slightly up from ¥4,807,343,244.56 at the end of Q2 2022[19]. - Total liabilities decreased to ¥1,984,753,296.42 from ¥1,987,671,273.14 in the previous quarter[19]. - Non-current liabilities increased to ¥365,282,026.28 from ¥317,676,480.73 in the previous quarter, primarily due to an increase in long-term borrowings[19]. - The company reported a total non-current assets value of approximately CNY 3.25 billion as of September 30, 2022[16]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,445, with the largest shareholder holding 22.09% of the shares[12]. - The company has a significant shareholder structure, with Shandong Ruiyi Technology Group holding 57.81 million shares, representing a substantial portion of the total shares[13]. Operating Costs and Expenses - The company experienced a 35.2% increase in operating costs compared to the same period last year, correlating with the rise in revenue[9]. - Total operating costs amounted to ¥533,763,795.23, up 16.3% from ¥458,907,695.25 year-on-year[21]. - Financial expenses surged by 264.98% year-on-year, primarily due to a decrease in interest income[9]. - The company reported a 44.42% increase in taxes payable compared to the beginning of the year, driven by increased VAT and current income tax expenses[9]. - Research and development expenses for Q3 2022 were ¥23,286,759.79, slightly down from ¥23,482,486.61 in Q3 2021, reflecting a stable investment in innovation[21]. Investment Activities - Cash flow from investment activities increased by 80.84% year-on-year, as cash payments for fixed assets and intangible assets were lower than the previous period[10]. - The company reported a net cash outflow from investing activities of -CNY 2,143,564.75, compared to -CNY 11,186,678.78 in the same period last year[24]. Other Information - The company completed an asset swap with a related party, exchanging CNY 98.40 million in receivables and inventory for a 25.72% stake in Foshan Laika, valued at CNY 98.40 million[14]. - The company has joined a creditor committee to implement a debt relief plan, which includes a three-year debt extension and interest reduction[15]. - The company is currently involved in arbitration regarding a capital increase agreement with a related party, which is still pending[15]. - Other comprehensive income after tax for the period was ¥123,868.80, recovering from a loss of ¥5,188,761.40 in the same period last year[22]. - Basic and diluted earnings per share were both CNY 0.07, compared to -CNY 0.17 in the same quarter last year, indicating a recovery in profitability[23]. - The impact of exchange rate changes on cash and cash equivalents was CNY 565,984.44, compared to -CNY 150,174.32 in the previous year[24]. - The company has not undergone an audit for the third quarter report[25].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥369,350,847.18, representing a 41.66% increase compared to ¥260,735,050.42 in the same period last year [22]. - The net profit attributable to shareholders was ¥38,805,708.37, a significant turnaround from a loss of ¥44,753,909.78 in the previous year, marking a 186.71% improvement [22]. - The net profit after deducting non-recurring gains and losses was ¥39,158,331.36, compared to a loss of ¥51,020,952.01 in the same period last year, reflecting a 176.75% increase [22]. - The basic earnings per share increased to ¥0.15 from a loss of ¥0.17, showing an improvement of 188.24% [22]. - The company's total revenue for the textile and apparel sector reached CNY 293,741,867, with a gross margin of 49.87%, reflecting a year-on-year increase of 6.51% [54]. - The apparel segment generated revenue of CNY 222,748,559, with a gross margin of 51.15%, showing a year-on-year increase of 35.89% [54]. - The fine woolen fabric segment saw a remarkable 92.75% increase in revenue, contributing ¥90,739,066.91, while the clothing segment generated ¥222,748,559.95, up 60.46% year-on-year [53]. - The company reported a total of 18,935,500 shares held by China Orient Asset Management, accounting for 7.24% of total shares [149]. - The company reported a total revenue of 1,605 million yuan for the first half of 2022, representing a year-on-year increase of 17.73% [192]. - The net profit attributable to shareholders for the same period was 261.7 million yuan, an increase of 88.28% compared to the previous year [192]. - The total comprehensive income for the first half of 2022 was 723.2 million yuan, reflecting a significant growth of 24.85% [192]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,859,014,706.37, a 1.07% increase from ¥4,807,343,244.56 at the end of the previous year [22]. - The net assets attributable to shareholders increased to ¥2,742,147,779.26, up 1.44% from ¥2,703,218,202.09 at the end of the previous year [22]. - The company's total liabilities increased to CNY 2,033,130,168.26 from CNY 1,927,018,178.81 year-over-year, indicating a rise in financial obligations [171]. - The total equity attributable to shareholders rose to CNY 2,742,147,779.26 from CNY 2,703,218,202.09, reflecting an increase of about 1.4% [164]. - The company's cash and cash equivalents decreased to CNY 7,678,505.09, representing a 0.16% share of total assets, down from 0.63% at the end of the previous year, a decrease of 0.47% [70]. - Accounts receivable increased to CNY 538,515,201, accounting for 11.08% of total assets, up from 8.34% last year, an increase of 2.74% [70]. - Inventory decreased slightly to CNY 549,398,498, representing 11.31% of total assets, down from 11.61% [70]. - The company reported a total non-current asset value of CNY 3,496,064,934.39, down from CNY 3,539,069,610.22, indicating a decrease of approximately 1.2% [163]. - The total assets at the end of the reporting period were reported at 3,589.64 million, indicating a solid asset base for operations [189]. Cash Flow - The net cash flow from operating activities improved to -¥17,554,310.47, a 94.29% reduction in losses compared to -¥307,670,971.59 in the same period last year [22]. - The company reported a net cash outflow from operating activities of CNY -17,554,310.47, an improvement from CNY -307,670,971.59 in the same period last year, indicating better cash management [178]. - The cash inflow from financing activities was CNY 179,295,000.00, compared to CNY 130,575,287.59 in the first half of 2021, showing increased reliance on external financing [178]. - The net cash flow from investing activities was -1,659,115.00 CNY, indicating a significant outflow of 63,576,060.66 CNY [180]. - The net cash flow from financing activities was -30,998.79 CNY, with total cash inflow from financing activities amounting to 17,819,910.00 CNY [180]. - The cash and cash equivalents at the beginning of the period were 1,231,104.41 CNY, highlighting a decrease in liquidity compared to the previous period [180]. Operational Efficiency and Strategy - The company has established a national-level technology center and collaborates with leading universities for product development and technological innovation [40]. - The company focuses on high value-added, high-tech, and high-quality positioning to enhance its competitiveness in the international market [41]. - The company has implemented a rapid market response mechanism, allowing for quick adaptation to market changes and customer demands, thereby reducing production and market launch cycles [44]. - The company has ongoing construction of the "Ruyi Smart Factory," which is expected to enhance production capabilities [57]. - The company has plans for future market expansion and product development, although specific figures were not disclosed in the report [184]. - The company aims to enhance its operational efficiency through strategic initiatives and technological advancements in its production processes [194]. Environmental and Social Responsibility - The company has established a wastewater pretreatment system with a design capacity of 3000t/d, ensuring that treated wastewater meets discharge standards [96]. - The company utilizes solar energy for approximately 3%-5% of its power needs, contributing to reduced carbon emissions [101]. - The company has established a dedicated environmental protection department to manage and supervise environmental work, ensuring compliance with environmental laws and regulations [102]. - The company emphasizes sustainable development by integrating eco-friendly practices into product design and actively developing eco-textiles certified by Oeko-Tex Standard 100 [112]. - The company actively engages in social responsibility, balancing economic and social benefits while protecting the rights of shareholders and employees [105]. - The company has not experienced any major environmental issues and was not subject to administrative penalties due to environmental problems [102]. Shareholder and Governance - The controlling shareholder, Ru Yi Technology, is facing liquidity issues, with some interest-bearing debts not being repaid on time, prompting the company to coordinate debt resolution plans [86]. - The company has maintained a good relationship with stakeholders, ensuring compliance with contracts and providing quality products and services to customers [108]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period [152]. - The company has not reported any share repurchase progress or changes in shareholding structure [147]. - The total number of ordinary shareholders at the end of the reporting period is 16,329 [148]. - The company has established appropriate credit policies and continuously monitors credit exposure to control risks associated with accounts receivable and other receivables [84]. Risks and Challenges - The company faces macroeconomic risks that could impact performance, emphasizing the need for timely adjustments in business strategy based on industry trends [83]. - The company is exposed to foreign exchange risks due to a significant portion of its business being export-oriented, primarily denominated in USD [85]. - Rising costs of production factors, such as raw materials and labor, are impacting the company's market competitiveness, with increasing operational burdens due to stricter environmental policies [85]. - The company has implemented measures to strengthen raw material market analysis and adjust inventory levels based on price fluctuations [85].