Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥2.39 billion, representing a 32.25% increase compared to ¥1.80 billion in the same period last year[16]. - The net profit attributable to shareholders of the listed company was approximately ¥413.60 million, an increase of 15.99% from ¥356.57 million in the previous year[16]. - The basic earnings per share increased by 13.04% to ¥0.26, compared to ¥0.23 in the same period last year[16]. - Total profit reached 496 million yuan, up 16.07% compared to the same period last year[25]. - The total comprehensive income for the first half of 2021 was ¥413,597,481.31, compared to ¥357,641,734.21 in the same period last year[148]. Cash Flow and Investments - The net cash flow from operating activities decreased by 13.17% to approximately ¥431.21 million, down from ¥496.63 million in the same period last year[16]. - The company experienced a significant decrease in net cash flow from investing activities, which dropped by 622.55% to -¥153,357,905.58, primarily due to increased purchases of financial products and fixed asset construction[40]. - Cash outflow from investment activities increased significantly to CNY 271,508,197.39 in the first half of 2021, compared to CNY 99,862,384.61 in the first half of 2020[156]. - The net increase in cash and cash equivalents for the first half of 2021 was negative CNY 522,439,557.13, compared to negative CNY 260,609,223.71 in the first half of 2020[155]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥5.28 billion, a decrease of 6.67% from ¥5.66 billion at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company decreased by 7.40% to approximately ¥4.00 billion, down from ¥4.32 billion at the end of the previous year[16]. - The company's fixed assets amounted to ¥1,220,920,641.74, representing 23.11% of total assets, a 1.37% increase from the previous year[53]. - The total liabilities decreased from CNY 1,312,847,886.42 to CNY 1,253,329,159.93, a decrease of about 4.53%[142]. Research and Development - The company has over 60 ongoing research projects, with 3 provincial-level new product initiatives and 149 patent applications, including 42 invention patents[27]. - Research and development investment rose by 14.80% to ¥71,330,413.18 from ¥62,137,205.10, reflecting the company's commitment to innovation[40]. Market and Sales Performance - Retail business sales in North China, Western, and Southern regions grew over 40%[25]. - Sales of new products in the waterproof and water purification sectors increased by 59.39% year-on-year[25]. - The revenue from the manufacturing sector was ¥2,321,600,419.13, accounting for 97.27% of total revenue, with a year-on-year growth of 32.04%[44]. Risk Factors - The company faces risks from macroeconomic changes, rising raw material prices, intensified industry competition, and the ongoing impact of the COVID-19 pandemic[3]. - The ongoing COVID-19 pandemic continues to impact the construction materials industry, particularly the retail home decoration business, posing risks to the company's operations if the situation does not improve[74]. Corporate Governance and Compliance - The company adheres to strict environmental regulations and standards, ensuring compliance with various environmental protection laws[81]. - The company has established emergency response plans for environmental incidents and maintains compliance with local environmental protection requirements[86]. Social Responsibility - The company actively participated in poverty alleviation and rural revitalization efforts, supporting low-income families and improving local infrastructure[87]. - In response to the severe flooding in July 2021, the company provided immediate assistance by delivering essential supplies and participating in disaster recovery efforts[88]. Shareholder Information - The total number of shares is 1,592,112,988, with 90.23% being unrestricted shares[122]. - The largest shareholder, Weixing Group Limited, holds 37.90% of shares, totaling 603,359,564 shares, with 227,132,400 shares pledged[125].