Financial Performance - The company achieved operating revenue of CNY 3,848,717,245.77, representing a year-on-year growth of 12.38%[27]. - Net profit attributable to shareholders decreased by 12.03% to CNY 106,691,883.23[27]. - The company reported a significant increase in cash flow from operating activities, reaching CNY 290,527,276.30, a growth of 3,703.87% compared to the previous year[27]. - The main business revenue was CNY 3,695,795,000, up 9.95% year-on-year, driven by expanded sales of compound fertilizer products[28]. - Total assets at the end of 2013 were CNY 5,567,902,665.74, an increase of 7.93% from the previous year[27]. - The weighted average return on equity decreased to 4.59%, down 0.77 percentage points from the previous year[27]. - Non-recurring gains and losses totaled CNY 36,329,014.27 for the year, down from CNY 61,539,626.45 in the previous year[25]. - The company’s basic earnings per share were CNY 0.32, a decrease of 13.51% compared to the previous year[27]. Production Capacity and Expansion - The company reported a significant expansion in production capacity, with a target of 600,000 tons of nitro compound fertilizer and 100,000 tons of sodium nitrate and nitrite[9]. - The company completed the construction and production of a 600,000-ton nitro compound fertilizer project and a 100,000-ton sodium nitrate project in November 2013, enhancing its production capacity and competitive advantage[29]. - Three new compound fertilizer projects in Henan (800,000 tons/year), Shandong (1,000,000 tons/year), and Sichuan (450,000 tons/year) are set to commence production in 2014, increasing total capacity to 4.68 million tons[33]. - The company’s composite fertilizer production capacity will reach 4.68 million tons with the launch of three new projects in 2014[110]. Strategic Initiatives and Acquisitions - The company has undergone changes in its business scope to include research and production of various fertilizers, indicating a strategic shift towards diversified agricultural products[19]. - The company acquired 100% equity of Leibo Kerry Phosphate Chemical Co., Ltd. for CNY 127,018,200.00 in December 2013, expanding its business scope[27]. - The acquisition of 100% equity in Leibo Kerry allows the company to control upstream resources and ensure low-cost production, thereby increasing its core competitiveness[63]. - The company is exploring upstream resource acquisition to strengthen its competitive position in the compound fertilizer industry, which is experiencing consolidation[86]. Research and Development - The company reported a total R&D expenditure of CNY 3,862,210.46, which is 0.10% of the operating revenue, showing a decrease of 2.29% from CNY 3,952,533.60 in the previous year[49]. - The company is enhancing its research and development efforts for nitrate compound fertilizers and water-soluble fertilizers to strengthen its competitive advantage[98]. - The company is investing in new technologies, with a budget of 100 million yuan dedicated to R&D for sustainable agricultural solutions[194]. Risk Management - The company highlighted risks including market risks from capacity expansion and fluctuations in raw material prices, which could impact future performance[12]. - The company emphasizes the importance of investor awareness regarding potential risks associated with future development plans[12]. - The company has implemented strategies to mitigate raw material price risks by extending its supply chain and acquiring key suppliers[111]. Cash Dividends and Shareholder Relations - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders based on the total share capital as of December 31, 2013[4]. - The proposed cash dividend for 2013 is 2.00 CNY per 10 shares, totaling 66,208,000.00 CNY, which represents 62.06% of the net profit attributable to shareholders[129]. - The company adheres to a cash dividend policy that aligns with its articles of association and shareholder resolutions, ensuring transparency and protection of minority shareholders' rights[120]. - The company emphasizes the importance of protecting shareholder rights and maintaining transparent communication with investors[132]. Environmental and Social Responsibility - The company has not experienced any major environmental pollution incidents during the reporting period and has adhered to national clean production standards[136]. - The company is actively promoting environmental protection and energy conservation, aiming for sustainable development and improving operational efficiency[136]. Market Presence and Customer Engagement - The company has maintained its stock listing on the Shenzhen Stock Exchange, indicating ongoing market presence and investor engagement[15]. - The company is focusing on expanding its market presence in the fertilizer sector, particularly in compound fertilizers[78]. - The company is exploring mobile internet marketing strategies through its official WeChat platform to better manage customer relationships and service delivery[97]. Financial Management and Compliance - The company is committed to ensuring the accuracy and completeness of its financial reports, with key personnel affirming the integrity of the annual report[3]. - The company has engaged Tianjian Accounting Firm for auditing, ensuring compliance and transparency in financial reporting[20]. - The company maintains strong partnerships with banks, suppliers, customers, and consumers, ensuring sufficient and safe fund usage through long-term cooperation with multiple financial institutions[134].

Financial Performance - The company achieved operating revenue of CNY 3,848,717,245.77, representing a year-on-year increase of 12.38%[22]. - Net profit attributable to shareholders decreased by 12.03% to CNY 106,691,883.23[22]. - Basic and diluted earnings per share were both CNY 0.32, down 13.51% from the previous year[22]. - Total assets at the end of 2013 were CNY 5,567,902,665.74, reflecting a 7.93% increase from the previous year[22]. - Main business revenue reached CNY 3,695,795,000, a 9.95% increase year-on-year, driven by expanded sales of compound fertilizer products[28]. - The company recorded a profit margin of 3.93% on its operating revenue, with operating profit increasing by 52.33% to CNY 15,148,880[27]. - The company reported a significant increase in cash flow from operating activities, reaching CNY 290,527,276.30, a 3,703.87% increase compared to the previous year[22]. - The company’s total revenue from the fertilizer segment was ¥2,576,631,806.78, with a gross margin of 12.97%, reflecting an increase of 0.84 percentage points year-on-year[53]. - The company reported a total R&D expenditure of CNY 3,862,210.46, which is 0.10% of the operating revenue, showing a decrease of 2.29% from CNY 3,952,533.60 in the previous year[49]. Production and Capacity Expansion - The company reported a significant expansion in production capacity, with projects including an annual output of 600,000 tons of nitro compound fertilizer and 100,000 tons of sodium nitrate and nitrite[9]. - The company expanded its production capacity with the completion of a 600,000-ton nitro compound fertilizer project and a 100,000-ton sodium nitrate project in November 2013[29]. - In 2013, the company achieved a sales volume of 1,117,578.47 tons for fertilizers, representing a year-on-year increase of 16.09% compared to 2012[37]. - The production volume of fertilizers in 2013 was 1,241,638.40 tons, which is a 22.84% increase from the previous year[37]. - The company launched several new fertilizer products, including urea-formaldehyde double-membrane fertilizer and nitrate slow-release fertilizer, to enhance its product structure and market competitiveness[32]. - Three new fertilizer projects were initiated in 2013, with a total production capacity of 225,000 tons per year, expected to be operational in 2014[33]. - The company’s composite fertilizer production capacity will reach 4.68 million tons with the launch of three new projects in 2014[110]. Cash Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares to all shareholders based on the total share capital as of December 31, 2013[4]. - The proposed cash dividend for 2013 is 2.00 yuan per 10 shares, totaling 66,208,000.00 yuan, which represents 62.06% of the net profit attributable to shareholders[129][130]. - The cash dividend for 2012 was 2.50 yuan per 10 shares, totaling 82,760,000.00 yuan, which was 68.24% of the net profit attributable to shareholders[129]. - The cash dividend for 2011 was also 2.50 yuan per 10 shares, totaling 82,760,000.00 yuan, which was 37.56% of the net profit attributable to shareholders[129]. - The company has a cash dividend policy that aims for a minimum of 20% of the profit distribution to be in cash during growth phases[130]. - The company is currently in a growth phase with significant capital expenditure needs, which influenced the decision to limit cash dividends in 2013[130]. Risk Management and Compliance - The company highlighted risks related to market fluctuations due to capacity expansion, raw material price volatility, and changes in environmental policies[12]. - The company emphasizes the importance of investor awareness regarding potential risks associated with future development plans[12]. - The company’s financial report ensures the accuracy and completeness of the financial data presented, with a commitment from management to uphold these standards[3]. - The company has engaged Tianjian Accounting Firm for auditing services, ensuring compliance and transparency in financial reporting[20]. - The company faces risks related to environmental policy changes that could impact production and development if not adapted to new regulations[112]. - Rapid expansion has led to increased personnel and management challenges, necessitating improvements in management practices and employee training[113]. Market Expansion and Product Development - The company is actively involved in the import and export of fertilizers and soil conditioners, enhancing its market reach[19]. - The company is focusing on the development and sales of various fertilizers, including controlled-release fertilizers and microbial fertilizers[78]. - The company is exploring market expansion opportunities and new product development in the fertilizer sector[78]. - The company plans to expand its market presence in northern China, with new production capacities set to come online in 2014[99]. - The company is exploring mobile internet marketing strategies through its official WeChat platform to better manage customer relationships and service delivery[97]. - The company is committed to enhancing its financial management system to maximize profit through effective cost control and production planning[104]. Subsidiaries and Acquisitions - The company has established several new subsidiaries, including a 100% acquisition of Lichuan Xindu Ecological Agricultural Development Co., Ltd. for 400,000 RMB[116]. - The company completed the acquisition of 100% equity in Leibo Kairui Company as of December 23, 2013[158]. - The company has invested CNY 50 million in the construction of a compound fertilizer project in Meishan City[76]. - The company is in the process of acquiring 100% equity in a related company, which is projected to provide raw materials for its water-soluble fertilizers[140]. Employee and Management Information - The total number of employees at Chengdu Xindu Chemical Co., Ltd. as of the end of 2013 was 7,148[198]. - The total remuneration for directors, supervisors, and senior management during the reporting period was CNY 285.42 million, reflecting a year-on-year increase of 10.27%[197]. - The highest remuneration among senior management was received by the Chairman, who earned CNY 30.06 million, an increase of 15.17% compared to the previous year[197]. - The number of employees with a bachelor's degree or higher was 756, representing 10.58% of the total workforce[199]. - The company has a diverse board with members having extensive experience in engineering, finance, and management, contributing to its strategic direction[185][186]. Environmental and Social Responsibility - The company has not experienced any major environmental pollution incidents during the reporting period and has adhered to national safety and clean production standards[136]. - The company has committed to sustainable development practices, focusing on resource utilization and energy conservation to improve operational efficiency[136]. - The company has successfully integrated environmental protection into its long-term development strategy, promoting awareness and compliance among employees[136].