Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,803,307,079.57, representing a 94.16% increase compared to CNY 928,767,525.59 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was CNY 242,089,370.55, an increase of 14.72% from CNY 211,023,372.86 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 204,137,922.46, up 31.46% from CNY 155,287,917.38 year-on-year[22]. - The net cash flow from operating activities was CNY 168,936,097.95, a 38.60% increase compared to CNY 121,888,428.12 in the same period last year[22]. - The total assets at the end of the reporting period were CNY 6,056,944,610.94, reflecting a 2.25% increase from CNY 5,923,653,751.74 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company were CNY 4,808,446,469.90, which is a 2.03% increase from CNY 4,712,906,965.33 at the end of the previous year[22]. - The basic earnings per share for the reporting period was CNY 0.5230, an increase of 14.72% from CNY 0.4559 in the same period last year[22]. - The diluted earnings per share also stood at CNY 0.5230, reflecting the same growth of 14.72% compared to the previous year[22]. - The weighted average return on equity was 5.05%, up from 4.67% in the previous year, indicating improved profitability[22]. Revenue Breakdown - The electronic materials business accounted for 71.17% of the company's total revenue in the first half of 2021[30]. - The LNG business experienced a significant growth of 962.5%, while the flame retardant business grew by 36.63% and the electronic specialty gas business increased by 16.56%[52]. - The company's operating profit and total profit for the same period were 308.60 million yuan and 310.22 million yuan, representing year-on-year growth of 17.70% and 18.25% respectively[37]. Market Expansion and Partnerships - The company has established strategic partnerships with major shipyards such as Hudong-Zhonghua Shipbuilding and Jiangnan Shipyard for LNG insulation materials[35]. - The company is actively expanding its overseas market presence, participating in the construction of LNG storage tanks for the Arctic LNG project in Russia[35]. - The semiconductor precursor materials business is expected to see significant domestic sales growth due to partnerships with major chip manufacturers like TSMC and Intel[38]. - The company has established strong partnerships with major shipbuilding enterprises for LNG insulation materials, with sufficient orders and ongoing project deliveries[40]. Research and Development - Research and development expenses increased by 36.05% to ¥45,860,979.22, primarily due to higher spending on chemical materials and new LNG materials[52]. - The company’s electronic specialty gases business is primarily conducted through its subsidiary Chengdu Kemeite, focusing on fluorinated specialty gases[32]. - The company has achieved a diversified product portfolio in electronic materials, including semiconductor precursors, electronic specialty gases, and various photoresists[47]. Cash Flow and Investments - The net cash flow from investing activities decreased by 114.11% to -¥210,911,292.94, mainly due to increased fixed asset investments and reduced cash received from investments[52]. - The net cash flow from financing activities increased by 492.23% to ¥12,500,940.55, primarily due to a 175% increase in borrowings from financial institutions compared to the previous year[52]. - The company reported a net cash outflow from investing activities of CNY -210,911,292.94 for the first half of 2021, compared to CNY -98,505,232.80 in the same period of 2020, indicating a larger investment outflow[168]. Environmental Compliance - The company has completed the national pollutant discharge permit application work as of June 30, 2021, and pollution control facilities are operating normally[90]. - The company has established a comprehensive environmental monitoring plan, including daily monitoring of wastewater treatment facilities[94]. - No administrative penalties were imposed on the company for environmental issues during the reporting period[95]. - The company has implemented effective pollution prevention measures and emergency response plans[91]. Corporate Governance and Compliance - The company has not initiated any employee stock ownership plans or other incentive measures during the reporting period[85]. - The company has maintained compliance with environmental regulations and has conducted environmental impact assessments for new projects[92]. - The company emphasizes social responsibility and adheres to legal regulations to enhance governance and transparency[97]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[111]. Future Outlook - The company plans to continue its focus on enhancing its equity structure and managing its reserves effectively in the upcoming periods[182]. - Future guidance estimates a revenue growth of 18% for the full year 2021, projecting total revenue to reach approximately 2.5 billion RMB[102].