证券代码：002211 证券简称：宏达新材 公告编号：2023-035 上海宏达新材料股份有限公司 关于收购上海观峰信息科技有限公司之 业绩承诺事项履约进展公告 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。 一、基本情况 根据上海宏达新材料股份有限公司（以下简称公司或宏达新材）2019 年第 四次临时股东大会决议《关于现金收购上海观峰信息科技有限公司 100%股权暨 关联交易的议案》，公司拟以现金收购的方式收购宁波梅山保税港区骥勤投资有 限公司（以下简称"骥勤投资"）持有的上海观峰信息科技有限公司（以下简称 "上海观峰"）95%股权和江苏卓睿控股有限公司（以下简称"卓睿控股"）持 有的上海观峰 5%股权。本次交易完成后，公司将持有上海观峰 100%股权。结合 交易标的公司股权价值评估结果和评估基准日后股东对标的公司的出资情况，经 交易各方协商确定标的公司 100%股权的交易对价为 22,500 万元。根据骥勤投资、 卓睿控股、上海观峰与公司签署的《关于上海观峰信息科技有限公司的股权收购 协议》中有关条款规定,上海观峰实现的扣除非经常性损益后的净利润 2019 ...

Financial Performance - The company's operating revenue for 2022 was RMB 364,607,624, a decrease of 34.16% compared to RMB 553,780,997 in 2021[22]. - The net profit attributable to shareholders of the listed company was RMB 39,599,269, an increase of 111.72% from a loss of RMB 716,571,920 in the previous year[22]. - The net cash flow from operating activities was RMB 67,735,427, a significant increase of 331.88% compared to a negative cash flow in 2021[22]. - The company reported a net profit of RMB -45,990,809 after deducting non-recurring gains and losses, compared to RMB -718,059,240 in 2021[22]. - The company's basic and diluted earnings per share for 2022 were both CNY 0.09, a significant increase of 111.54% compared to the previous year[23]. - Total assets decreased by 33.30% year-on-year to CNY 345,050,231 at the end of 2022[23]. - The net assets attributable to shareholders increased by 74.68% to CNY 92,626,494.2 at the end of 2022[23]. - The revenue from the organic silicon segment was ¥364,268,431.55, accounting for 99.91% of total revenue, down 33.58% from ¥548,456,878.45 in the previous year[50]. - The company reported a significant increase in user data metrics, indicating a growing customer base[1]. Business Strategy and Operations - The company has ceased its previous specialized network communication business, focusing solely on traditional high-temperature silicone rubber materials[21]. - The company plans to expand its sales channels and deepen customer engagement to support future growth[46]. - The company is actively pursuing technology innovation and has obtained multiple patents to enhance production efficiency and reduce costs[45]. - The company is focusing on developing high-performance silicone rubber products to enhance market competitiveness and increase revenue[65]. - New product development includes high-temperature resistant silicone rubber and antibacterial silicone rubber, aimed at expanding into high-end markets and improving production efficiency[65]. - The company plans to strengthen overseas sales channels, particularly in the silicone rubber export market, which generated 36,792,642.63 in revenue[54]. - The company aims to improve its core competitiveness by optimizing resource allocation and enhancing R&D capabilities in silicone rubber products[87]. - Future business strategies include increasing market promotion efforts and establishing a stable sales team to boost end-user demand[89]. Governance and Compliance - The company has held 10 board meetings and 5 shareholder meetings during the reporting period, ensuring compliance with governance standards[95]. - The company maintains complete independence in business operations, personnel management, asset ownership, organizational structure, and financial management, ensuring no interference from the controlling shareholder[99]. - The company has established a sound organizational structure with independent operations of the shareholders' meeting, board of directors, and supervisory board[99]. - The company is committed to maintaining transparency and effective communication with stakeholders regarding its strategic direction and financial health[109]. - The company has been proactive in addressing accounting errors and enhancing transparency in financial reporting[104]. - The company is currently under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, with a potential liability of ¥652,100[176]. - The company has actively cooperated with the investigation and has strengthened compliance training for its management and relevant personnel[180]. Environmental Management - The company is classified as a key pollutant discharge unit by environmental protection authorities[142]. - The company adheres to specific emission standards, including DB44/27-2001 and GB27632-2011[142]. - The company has implemented measures to ensure compliance with environmental regulations and standards[143]. - The company has reported a total emission of 0.1044 tons for particulate matter, which is compliant with the standards[143]. - The company has established an emergency response plan for environmental incidents, which was revised in November 2021 to enhance its emergency response capabilities[145]. - The company has implemented 11 sets of pollution prevention measures at its Dongguan production facility, ensuring compliance with environmental monitoring requirements[153]. Financial Adjustments and Reporting - The company reported a significant adjustment in its accounts receivable, decreasing from ¥145.39 million to ¥29.14 million, a reduction of approximately 80%[166]. - The total revenue for the year 2019 was adjusted from ¥1.10 billion to ¥858.11 million, reflecting a decrease of about 22%[166]. - The net profit for 2019 was revised from a loss of ¥75.18 million to a loss of ¥104.90 million, indicating an increase in losses by approximately 39%[166]. - The company has implemented measures to correct accounting errors as per regulatory requirements, ensuring accurate financial reporting[166]. - The company included four subsidiaries in its consolidated financial statements for 2022, with the addition of a new subsidiary, Zhangzhou Xindongda Materials Co., Ltd.[173]. Employee and Management Changes - The total number of employees at the end of the reporting period was 181, with 90 in production, 36 in sales, 8 in technology, 10 in finance, 11 in administration, and 26 in management[128]. - The company has established a comprehensive salary and welfare management system, with fixed salaries, variable pay, and benefits, focusing on core employees and key positions[129]. - Shanghai Hongda New Materials Co., Ltd. reported a significant management change with the appointment of Wang Yanjie as the financial director and board secretary on October 26, 2022[107]. - The company experienced a change in its supervisory board with Yang Ping being elected as a staff supervisor on September 28, 2022, following the resignation of Chen Lin[108].

Financial Performance - The company's revenue for Q1 2023 was ¥54,804,191.33, a decrease of 40.85% compared to ¥92,648,385.72 in the same period last year[5] - The net loss attributable to shareholders was ¥3,459,766.79, representing an improvement of 67.44% from a loss of ¥10,624,318.28 in the previous year[5] - The company's basic and diluted earnings per share were both -¥0.0080, an improvement of 67.48% from -¥0.0246 in the same period last year[5] - Total operating revenue for the current period is ¥54,804,191.33, a decrease of 40.9% compared to ¥92,648,385.72 in the previous period[18] - Net profit for the current period is -¥3,459,766.79, an improvement from -¥10,624,318.28 in the previous period[19] - Total comprehensive income for the current period is -¥3,459,766.79, compared to -¥10,624,318.28 in the previous period[19] Cash Flow and Assets - The net cash flow from operating activities was ¥2,403,036.62, down 96.06% from ¥61,003,680.16 in the prior year[5] - Cash flow from operating activities for the current period is ¥2,403,036.62, significantly lower than ¥61,003,680.16 in the previous period[22] - The company reported a cash balance of CNY 172,850,880.55 at the end of the reporting period, down from CNY 179,678,212.16 at the beginning of the year[15] - Cash and cash equivalents at the end of the current period amount to ¥82,427,063.36, compared to ¥80,484,326.62 at the end of the previous period[23] Operating Costs and Expenses - The company experienced a 42.87% decrease in operating costs, totaling ¥50,957,718.42 compared to ¥89,192,990.48 in the previous year, due to a drop in raw material prices[9] - Total operating costs for the current period are ¥58,661,705.32, down 43.1% from ¥103,053,100.65 in the previous period[18] - Research and development expenses decreased by 48.80% to ¥2,205,170.68 from ¥4,307,019.86 in the same period last year[9] - Research and development expenses for the current period are ¥2,205,170.68, a decrease of 48.9% from ¥4,307,019.86 in the previous period[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥326,900,103.52, a decrease of 5.26% from ¥345,050,231.90 at the end of the previous year[5] - The company's total current assets decreased from CNY 242,473,170.72 at the beginning of the year to CNY 227,145,596.84 at the end of the reporting period, a decline of approximately 6.3%[15] - The total non-current assets decreased from CNY 102,577,061.18 to CNY 99,754,506.68, representing a decline of about 2.7%[15] - Total liabilities decreased from CNY 252,423,737.64 to CNY 237,733,376.05, a reduction of approximately 5.8%[16] - The total equity attributable to the parent company decreased from CNY 92,626,494.26 to CNY 89,166,727.47, a decline of about 4.0%[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,010[12] - Jiangsu Weilen Investment Management Co., Ltd. holds 29.07% of shares, totaling 125,735,743 shares, with 28,325,124 shares frozen[12] - The company has no preferred shareholders or preferred shares reported in the financial statements[13] Other Financial Information - The company recorded non-operating income of ¥240,998.00, primarily from non-recurring gains, including ¥159,299.57 from the disposal of non-current assets[6] - The company reported a net cash outflow from investing activities of -¥97,387.00, compared to -¥1,428,094.35 in the previous period[22] - The company has not conducted any audited financial reports for the first quarter[24]

Financial Performance - The company's operating revenue for 2022 was ¥364,607,624, a decrease of 34.16% compared to ¥553,780,997 in 2021[22] - The net profit attributable to shareholders was ¥39,599,269, representing a significant improvement of 111.72% from a loss of ¥716,571,923 in the previous year[22] - The net cash flow from operating activities was ¥67,735,427, a substantial increase of 331.88% compared to a negative cash flow in 2021[22] - The company reported a net profit of ¥-45,990,809 after deducting non-recurring gains and losses, showing a recovery from a loss of ¥718,059,240 in 2021[22] - The company's basic and diluted earnings per share for 2022 were both CNY 0.09, a significant increase of 111.54% compared to the previous year[23] - Total assets decreased by 33.30% year-on-year to CNY 345,050,231 at the end of 2022[23] - Net assets attributable to shareholders increased by 74.68% to CNY 92,626,494.2 at the end of 2022[23] - The company reported a net profit attributable to shareholders of CNY 63,755,516.67 in Q4 2022, following three consecutive quarters of losses[28] Business Operations - The company has ceased its previous specialized network communication business, focusing solely on traditional high-temperature silicone rubber materials[21] - The company has fully stopped the specialized network communication business and has laid off related personnel[21] - The company’s main products include high-temperature silicone rubber, with applications in various industries such as automotive and medical[37] - The company plans to continue focusing on technological innovation and improving production efficiency to maintain its competitive edge in the market[45] - The company is focusing on developing high-performance silicone rubber products to enhance market competitiveness and increase revenue[65] - New product developments include high tear-resistant silicone rubber and oil-resistant silicone rubber, aimed at expanding into high-end markets and improving production efficiency[65] Revenue and Sales - The revenue from the organic silicon segment was ¥364,268,431.55, accounting for 99.91% of total revenue, down 33.58% from ¥548,456,878.45 in the previous year[50] - Domestic sales accounted for 90.00% of total revenue at ¥327,814,981.62, while export sales were ¥36,792,642.63, representing 10.00% of total revenue[50] - The company reported a 71.52% decline in revenue from raw rubber, which generated ¥22,273,457.88 in 2022 compared to ¥78,215,671.65 in 2021[50] - Revenue from the information security segment was ¥339,192.70, reflecting a significant decline of 93.63% year-over-year, with a gross margin of -173.61%[52] - Domestic sales amounted to ¥327,814,981, a slight increase of 2.43% year-over-year, while export sales rose by 11.78% to ¥36,792,642.6[53] Costs and Expenses - The company reported a total operating cost of ¥293,238,108 for the mixing rubber segment, down 22.26% from the previous year[58] - Sales expenses decreased by 33.98% to ¥9,151,616.60 in 2022 from ¥13,860,854.06 in 2021 due to a decline in revenue and reduced commissions[63] - Management expenses fell by 34.59% to ¥29,736,560.04 in 2022 from ¥45,464,245.13 in 2021 as a result of personnel layoffs at Shanghai Guan Feng and Shanghai Hong Zhu[63] - R&D expenses decreased by 45.89% to ¥12,749,871.10 in 2022 from ¥23,561,919.20 in 2021 following the cessation of operations at Shanghai Guan Feng and Shanghai Hong Zhu[63] Legal and Regulatory Issues - The company is under investigation by the China Securities Regulatory Commission for alleged information disclosure violations, which may have uncertain impacts on its operations[91] - The company has received a notice from the China Securities Regulatory Commission regarding a case investigation due to suspected information disclosure violations[174] - The company faced regulatory penalties, including a fine of 3 million yuan for failing to disclose actual controllers and inflating revenue and profits in 2019 and 2020[177] - The company is currently undergoing a significant legal review process, which may impact its financial standing[176] Governance and Management - The company has held 10 board meetings and 5 shareholder meetings during the reporting period, ensuring compliance with governance standards and shareholder rights[95] - The company maintains complete independence in business operations, personnel management, asset ownership, organizational structure, and financial management, ensuring no interference from the controlling shareholder[99] - The company has established a sound organizational structure with independent operations of the shareholders' meeting, board of directors, and supervisory board[99] - The company is committed to maintaining transparency and effective communication with stakeholders regarding its strategic direction and financial health[109] Environmental Management - The company is classified as a key pollutant discharge unit by environmental protection authorities[142] - The company adheres to specific emission standards, including DB44/27-2001 and GB27632-2011[142] - The company has established 11 sets of pollution prevention measures at its production site[152] - The company has implemented a self-monitoring plan for emissions, with monthly monitoring of particulate matter from various sources[150] Future Strategies - The company plans to enhance overseas sales channels, particularly in the silicone rubber export market, which generated ¥36,792,642.63 in revenue during the reporting period[54] - Future business strategies include increasing market promotion efforts and establishing a stable sales team to boost end-user demand[89] - The company is actively exploring potential mergers and acquisitions to enhance its competitive position in the new materials sector[109] - The company has outlined performance guidance for the next fiscal year, aiming for a revenue increase of 15%[1]

特此公告！ 上海宏达新材料股份有限公司（以下简称"公司"）2022 年年度报告已于 2023 年 4 月 29 日披露，为了让广大投资者进一步了解公司 2022 年年度报告和 经营情况，公司定于 2023 年 5 月 24 日（星期三）下午 15:00 至 17:00 时在全 景网举办 2022 年度业绩说明会。 本次年度业绩说明会将采用网络远程的方式举行，投资者可登陆全景网"投 资者关系互动平台"（http://ir.p5w.net）参与本次年度业绩说明会。出席本 次年度说明会的人员有：董事兼董事长兼代理董事会秘书黄俊先生，董事兼总经 理徐国兴先生，独立董事顾其荣先生、许良虎先生，财务总监王燕杰先生。为充 分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提前向投资 者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 23 日（星期二）15：00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进 入问题征集专题页面。公司将在 2022 年度业绩说明会上，对投资者普遍关注的 问题进行回答。 欢迎广大投资者积极参与本次网上说明会。 （问题征集专题 ...

证券代码：002211 证券简称：ST 宏达 上海宏达新材料股份有限公司投资者关系活动记录表 | --- | --- | |-----------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 投资者关系活动 | □ 特定对象调研 □ 分析师会议 | | 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 人员姓名 | 投资者网上提问 | | 时间 | 2022 年 5 月 18 日 ( 周三 ) 下午 15:00~17:00 | | 地点 | 公司通过全景网"投资者关系互动平台"（ https://ir.p5w.net ） 采用网络远程的方 ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥86,952,310.30, a decrease of 29.79% compared to ¥118,265,336 from the same period last year[5] - The net profit attributable to shareholders for Q3 2022 was -¥5,893,282.11, representing a significant improvement of 94.57% from -¥108,516,030 in the previous year[5] - The company's total revenue for the first nine months of 2022 was CNY 285.21 million, a decrease of 29.79% compared to CNY 406.22 million in the same period of 2021[13] - Total operating revenue for Q3 2022 was ¥285,210,620.49, a decrease of 29.7% compared to ¥406,218,091.92 in the same period last year[21] - The company reported a net loss of ¥25,221,859.18 for Q3 2022, an improvement from a loss of ¥214,115,707.60 in the previous year[21] - The net profit for Q3 2022 was -24,156,247.64 CNY, an improvement from -204,526,679.50 CNY in the same period last year, indicating a reduction in losses by approximately 88.2%[22] - The total comprehensive income for Q3 2022 was -24,156,247.64 CNY, compared to -204,526,679.50 CNY in Q3 2021, reflecting a significant reduction in comprehensive losses[22] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date was ¥47,803,690, showing a substantial increase of 243.36% compared to -¥33,345,010 in the same period last year[5] - The company reported a net cash flow from operating activities of CNY 47.80 million, a significant improvement of 243.36% compared to a negative cash flow of CNY 33.35 million in the previous year[13] - The company’s cash flow from investing activities improved by 496.38% to CNY 6.50 million, reflecting refunds from prior fixed asset prepayments[13] - The cash flow from investing activities generated a net inflow of 6,503,284.01 CNY in Q3 2022, compared to a net outflow of -1,640,664.36 CNY in the same period last year[24] - The cash flow from financing activities resulted in a net outflow of -5,538,277.09 CNY in Q3 2022, an improvement from -75,264,595.69 CNY in Q3 2021, indicating a reduction in financing losses[24] - Cash and cash equivalents decreased to ¥179,889,737.81 from ¥207,910,125.62, a decline of 13.5%[19] - The company reported a total cash and cash equivalents balance of 73,705,962.94 CNY at the end of Q3 2022, compared to 25,694,944.17 CNY at the end of Q3 2021, showing an increase of approximately 187.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥361,737,701.82, reflecting a decrease of 30.07% from ¥517,305,210.80 at the end of the previous year[5] - The company's total assets decreased to ¥361,737,701.82, down 30.1% from ¥517,305,210.83[19] - The equity attributable to shareholders decreased by 45.55% to ¥28,870,977.59 from ¥53,027,225.23 at the end of the previous year[5] - Total current assets decreased to ¥251,088,794.85, down 37.1% from ¥400,002,333.66[19] - Total liabilities decreased to ¥332,866,724.23, a reduction of 28.3% from ¥464,277,985.60[19] - The company’s total liabilities decreased significantly, with accounts payable down 56.24% to CNY 23.20 million, influenced by reduced supplier payments in the silicone rubber business[12] Operating Costs and Expenses - Operating costs for the same period were CNY 275.51 million, down 23.78% from CNY 361.46 million, reflecting the decline in sales[13] - Total operating costs for Q3 2022 were ¥312,786,558.41, down from ¥426,847,664.63, reflecting a reduction of 26.7%[21] - Research and development expenses were CNY 11.59 million, down 48.49% from CNY 22.50 million, as subsidiaries ceased operations[13] - Research and development expenses for Q3 2022 were ¥11,590,937.26, down 48.6% from ¥22,502,455.17 in the previous year[21] Adjustments and Accounting - The company made adjustments to its financial statements due to accounting errors, impacting the reported sales expenses and operating costs[6] - The company has not identified any other non-recurring profit and loss items beyond those reported[8] - The company has not made any changes to its accounting policies that would affect the financial results reported[10] Market and Product Developments - The company did not report any new product launches or technological advancements during this quarter[25] - There were no significant market expansions or mergers and acquisitions reported in the third quarter of 2022[25]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥198,258,309.19, a decrease of 31.18% compared to the same period last year[20]. - The net profit attributable to shareholders was a loss of ¥18,262,965.53, an improvement of 81.32% from a loss of ¥97,754,513.16 in the previous year[20]. - The basic and diluted earnings per share improved to -¥0.0422, up 81.33% from -¥0.2260 in the previous year[20]. - The company's main business revenue for the reporting period was 198 million yuan, with a net profit attributable to the listed company of -18.26 million yuan[29]. - The company's operating revenue for the current period is ¥198,258,309.19, a decrease of 31.18% compared to ¥288,099,279.82 in the same period last year, primarily due to a 34.56% decline in sales volume from its subsidiary Dongguan New Oriental[36]. - The net loss for the first half of 2022 was CNY 18.26 million, compared to a net loss of CNY 97.75 million in the same period of 2021, indicating an improvement in financial performance[141]. - The total comprehensive income for the first half of 2022 was ¥27,969,900.55, compared to -¥4,632,653.33 in the same period of 2021[146]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥67,964,033.15, a significant increase of 181.69% compared to a negative cash flow of ¥83,195,741.05 in the same period last year[20]. - The company reported a significant increase in cash and cash equivalents, rising by 168.09% to ¥69,182,820.61 from -¥101,609,092.32[37]. - The total cash inflow from operating activities was 889,257.72 in the first half of 2022, down from 1,137,787.87 in the first half of 2021, indicating a decline in operational revenue[151]. - The cash flow from operating activities netted a loss of 4,867,500.23 in the first half of 2022, which is a 403.5% increase in losses compared to the previous year[151]. - Cash and cash equivalents at the end of the first half of 2022 amounted to ¥94,120,078.09, compared to ¥34,336,125.19 at the end of the first half of 2021[149]. Assets and Liabilities - Total assets at the end of the reporting period were ¥404,238,137.29, a decrease of 21.86% from ¥517,305,210.83 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 34.44% to ¥34,764,259.70 from ¥53,027,225.23 at the end of the previous year[20]. - Total liabilities were reported at CNY 293,485,147.69, with a notable reduction in short-term borrowings which were previously CNY 4,005,800.00[132]. - The total assets at the end of the reporting period include cash and cash equivalents amounting to ¥219,827,992.64, which represents 54.38% of total assets[41]. Market and Competition - The organic silicon sector's net profit was impacted by the market, resulting in a loss of 7.57 million yuan, prompting the company to focus on promoting higher-margin silicone oil products and new products like electronic potting adhesives and release agents[29]. - The company faces significant market competition risks due to macroeconomic pressures, including the US-China trade war and slowing economic growth, which may impact its market share[54]. - The company is exposed to product price fluctuation risks, particularly due to the volatility of raw material prices, which could adversely affect its operating performance[54]. Environmental and Safety Compliance - The company emphasizes its commitment to safety and environmental protection, implementing measures to manage risks associated with waste and emissions during production[54]. - The company has established 11 sets of pollution control measures at its production site, and all emissions are compliant with environmental regulations[64]. - The company faced an administrative penalty of CNY 100,000 due to violations of the Air Pollution Prevention and Control Law, specifically for evading environmental monitoring[71]. - The company has implemented corrective measures to address the environmental issues, including paying the fine and ensuring compliance with regulations[71]. Corporate Governance and Compliance - The company has not engaged in any securities or derivative investments during the reporting period[47][48]. - The company is actively monitoring the impact of the COVID-19 pandemic and other uncontrollable risks on its operations[55]. - The company faced an investigation by the China Securities Regulatory Commission for suspected information disclosure violations[91]. - The company plans to enhance the training of its directors and senior management on relevant laws and regulations to ensure accurate and timely information disclosure[91]. Research and Development - The company emphasizes technological innovation and has established a dedicated R&D team, achieving multiple patents to reduce production costs and enhance efficiency[31]. - Research and development expenses fell by 47.75% to ¥8,034,038.15, indicating a halt in R&D activities[36]. - The company’s product range includes over 230 types of high-temperature silicone rubber, catering to diverse customer needs across various industries[32]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The total number of ordinary shareholders at the end of the reporting period was 33,551, indicating a stable shareholder base[119]. - Jiangsu Weilen Investment Management Co., Ltd. holds 29.07% of the shares, amounting to 125,735,743 shares, with some shares frozen[119]. Related Party Transactions - The company has a related party transaction with Jiangsu Mingzhu, involving a total of 4,828.82 million CNY in silicone rubber product sales[96]. - The company reported a total of 1,664.67 million CNY in receivables from Jiangsu Lightning Rubber Trading Co., Ltd. related to silicone rubber product sales[96]. - The company has no significant related party transactions during the reporting period[100].

Financial Performance - The company's revenue for Q1 2022 was ¥92,648,385.72, a decrease of 23.26% compared to ¥120,733,757.41 in the same period last year[2] - The net profit attributable to shareholders was a loss of ¥10,624,318.28, representing a decline of 117.98% from a loss of ¥4,873,940.08 in the previous year[2] - Total operating revenue for Q1 2022 was ¥92,648,385.72, a decrease of 23.3% compared to ¥120,733,757.41 in the same period last year[23] - Net loss for Q1 2022 was ¥10,624,318.28, compared to a net loss of ¥4,873,940.08 in Q1 2021, representing a year-on-year increase in loss of 117.5%[24] - Basic and diluted earnings per share for Q1 2022 were both -0.0246, compared to -0.0113 in the same period last year[25] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥61,003,680.16, a 182.00% increase from a negative cash flow of ¥74,392,207.60 in the same period last year[2] - Total cash inflow from operating activities is ¥188,077,869.51, while cash outflow is ¥127,074,189.35, resulting in a net cash flow of ¥61,003,680.16[28] - Cash and cash equivalents at the end of the period amount to ¥80,484,326.62, an increase from ¥57,708,757.05 in the previous period[29] - The company received ¥66,322,434.86 in other operating cash, a substantial increase from ¥6,398,699.80 in the previous period, suggesting improved operational efficiency[28] - The company’s total tax payments decreased to ¥2,476,801.99 from ¥10,124,814.23, reflecting a reduction in tax liabilities[28] Assets and Liabilities - Total assets at the end of the reporting period were ¥504,706,938.02, down 2.44% from ¥517,305,210.83 at the end of the previous year[2] - Total liabilities for Q1 2022 were ¥462,304,031.07, slightly down from ¥464,277,985.60 in the previous period[21] - The equity attributable to shareholders decreased by 20.04% to ¥42,402,906.95 from ¥53,027,225.23 at the end of the previous year[2] - Accounts receivable decreased significantly to ¥5,552,348.34 from ¥48,719,526.30, indicating a reduction of about 88.6%[19] - The company’s inventory increased to ¥47,539,655.65 from ¥41,039,132.17, representing a growth of approximately 15.5%[19] Operational Efficiency - The company reported a significant increase in cash received from other activities, totaling ¥6,632,240.00, a 936.50% increase from ¥639,870.00 in the previous period[8] - The company paid ¥98,957,902.37 for goods and services in the current period, down from ¥196,876,373.85 in the previous period, reflecting a reduction in operational costs[28] - The cash outflow from investing activities is ¥2,204,056.35, compared to ¥1,033,750.00 in the previous period, indicating increased investment in fixed assets[28] Management and Governance - The company appointed a new CFO, Wang Yanjie, to oversee financial operations, aiming to enhance financial management and reporting[13] - The company is undergoing an investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, which may impact future operations[12] - The company’s major shareholder, Jiangsu Weilen Investment Management Co., has had a portion of its shares frozen due to an investigation, affecting shareholder dynamics[12] Strategic Initiatives - A strategic cooperation agreement was signed with Inner Mongolia Hengxing Chemical Co., focusing on the supply of various silicone products over a three-year period[16] - The company plans to auction off remaining assets from its subsidiaries, with an estimated value of ¥1,304.45 million, but previous auctions have failed to attract bidders[17] - The company is actively pursuing tax refunds, having received a total of ¥40,159,239.20 in tax refunds from two subsidiaries, which will improve cash flow[14][15] Research and Development - Research and development expenses for Q1 2022 were ¥4,307,019.86, a decrease of 30.6% compared to ¥6,204,300.57 in the same period last year[23]

Financial Performance - The company's operating revenue for 2021 was ¥565,732,950.33, a decrease of 38.58% compared to ¥921,088,525.90 in 2020[18]. - The net profit attributable to shareholders in 2021 was -¥716,571,927.94, representing a decline of 1,522.94% from ¥52,695,783.90 in 2020[18]. - The cash flow from operating activities improved by 91.31%, reaching -¥29,211,624.19 in 2021 compared to -¥336,068,198 in 2020[18]. - The total assets at the end of 2021 were ¥517,305,210.83, a decrease of 54.87% from ¥1,135,832,515.29 at the end of 2020[18]. - The basic earnings per share for 2021 was -¥1.66, down 1,483.33% from ¥0.12 in 2020[18]. - The company reported a significant decline in net assets attributable to shareholders, which fell by 93.11% to ¥53,027,225.20 at the end of 2021[18]. - The company experienced a negative net profit for the last three accounting years, indicating ongoing financial challenges[21]. - The quarterly revenue for Q4 2021 was ¥159,514,858.41, with a net profit attributable to shareholders of -¥512,045,248.44[25]. - In 2021, the company achieved total revenue of CNY 565.73 million, a decrease of 38.58% compared to CNY 921.09 million in 2020[49]. - The company's net profit for 2021 was a loss of CNY 717 million, down from a net profit of CNY 50 million in 2020, representing a decrease of CNY 767 million[49]. Business Operations - The main business of the company remains high-temperature silicone rubber materials, with no impact on operations despite challenges faced by subsidiaries in the information communication sector[16]. - The traditional high-temperature silicone rubber business has continued normal operations, unaffected by the operational challenges faced by the information communication subsidiaries[16]. - The company has expanded its business through the establishment of wholly-owned subsidiaries and acquisitions since 2019, including Shanghai Hongzhu and Shanghai Guanfeng[16]. - The company plans to shut down subsidiaries Shanghai Guanfeng and Shanghai Hongzhu to mitigate losses[65]. - The company’s specialized communication business has been largely halted since the second half of 2021, with only minimal processing services retained, leading to significant losses[37]. - The company’s specialized communication business was severely impacted by the "special network communication" incident, resulting in operational stagnation and investigations by authorities[31]. - The company plans to continue a sales-driven production strategy to align raw material procurement with sales, aiming to mitigate risks associated with falling DMC raw material prices[32]. - The company operates under a "sales-driven production" model, organizing production based on internal orders and delivery timelines[39]. Risk Management - The company emphasizes the importance of risk awareness regarding macroeconomic risks and operational performance fluctuations[5]. - The company has faced risks related to raw material and product price fluctuations, as well as safety and environmental risks in its silicone rubber business[5]. - The company faces significant market competition risks due to macroeconomic factors, including the US-China trade war and slowing economic growth, which may lead to price volatility and impact profitability[95]. - The ongoing COVID-19 pandemic continues to pose risks to the company's normal business operations, despite efforts to maintain production and communication with suppliers and customers[97]. - The company has taken proactive measures to address potential risks from raw material price fluctuations, which significantly impact production costs[95]. Governance and Compliance - The company reported a non-standard audit opinion from Lianda Accounting Firm, indicating significant internal control deficiencies[5]. - The company has maintained a robust governance structure, holding four shareholder meetings and 16 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[101]. - The company has a dedicated investor relations team to manage information disclosure and maintain communication with investors, ensuring transparency and fairness[102]. - The company has established independent financial management systems, including separate accounting and banking arrangements, to prevent interference from the controlling shareholder[105]. - The company has committed to resolving any potential competition issues within 36 months following the completion of the equity changes, ensuring compliance with relevant laws and regulations[107]. - The company has implemented measures to strengthen compliance with the Company Law and Accounting Law, including training and internal audits[143]. - The company has established a complete corporate governance structure to ensure independent operation[182]. Research and Development - The company holds 8 utility model patents and 3 invention patents, showcasing its commitment to technological innovation and product development[45]. - The company plans to enhance its R&D efforts to adapt to customer needs and improve profitability[92]. - The company has allocated 50 million yuan for research and development in innovative technologies for 2022, focusing on sustainability[127]. - R&D investment as a percentage of operating income increased to 4.16% in 2021 from 2.83% in 2020[71]. - New product development projects are expected to generate approximately ¥150 million in future revenue[69]. Environmental Management - The company emphasizes safety and environmental protection in its operations, which involve the generation of waste products, and has implemented measures to mitigate associated risks[97]. - The company has implemented 11 pollution control measures at its Dongguan facility, with waste gas emissions meeting environmental control requirements[153]. - The company received a penalty from the Dongguan Ecological Environment Bureau for wastewater overflow in 2020, leading to a revision of its emergency response plan in November 2021[156]. - The company has established a comprehensive emergency response system to minimize the risks and impacts of environmental pollution incidents[156]. - The company has implemented measures to ensure compliance with environmental regulations, with no administrative penalties reported during the reporting period[163]. Future Outlook - In 2022, the company anticipates a decline in downstream demand, which may adversely affect production operations and gross margins[32]. - The company plans to expand its market presence and invest in new product development, although specific figures were not disclosed[116]. - The company has set a future outlook with a revenue target of 1.8 billion yuan for 2022, indicating a projected growth rate of 20%[173]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[175]. - The company plans to enhance its online sales channel, aiming for a 25% increase in e-commerce revenue by 2022[173]. Personnel and Management - The management team is described as young and dynamic, with a strong focus on innovation and competitive spirit, which is expected to drive future growth[48]. - The company has faced challenges with personnel turnover, which could impact operational stability[115]. - The total number of employees at the end of the reporting period was 291, with 273 receiving salaries[135]. - The company has established a comprehensive salary and welfare management system, focusing on core employees and key positions[137]. - The company has a training program aimed at enhancing the skills and management capabilities of its employees[138].