证券代码：002588 证券简称：史丹利 编号：2017-001 史丹利农业集团股份有限公司 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 | | | 天风证券股份有限公司 赵宗原 | | | | 兴业基金管理有限公司 杜培俊 | | | | 深圳朴素资本管理有限公司 周天宅 | | | 参与单位名称 | 申万宏源证券有限公司 马昕晔 | | | 及人员姓名 | | | | | 北京市星石投资管理有限公司 冯天成 | | | | 玮越达资产管理有限公司 陈玮 | | | | 东方证券资产管理有限公司 王伟 | | | 时间 | 2017 年 2 月 15 日 | | | 地点 | ...

证券代码：002588 证券简称：史丹利 编号：2018-001 史丹利农业集团股份有限公司 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 | | 参与单位名称 | 天风证券股份有限公司 赵宗原 | | | 及人员姓名 | 天风证券股份有限公司 陈宏亮 | | | | 天风证券股份有限公司 韩旭东 | | | | 广发证券股份有限公司 王玉龙 | | | | 中国国际金融股份有限公司 贾雄伟 | | | | 宝盈基金管理有限公司 陈金伟 | | | | 中银国际证券有限责任公司 王海涛 | | | | 安信证券股份有限公司 姬静远 | | | | 上投摩根基金管理有限公司 朱晓明 | | | | 华夏久盈资产管理有限责任公司 张健 | | | | ...

Group 1: Market Overview - The agricultural sector experienced a rise in prosperity in 2020 due to various factors, including increased demand for feed and rising agricultural product prices [3][4]. - The removal of corn stockpiling policies and grain destocking led to a significant decrease in grain prices, particularly corn, which negatively impacted farmers' planting income [2][3]. - The COVID-19 pandemic heightened the focus on food security, further influencing agricultural dynamics [3]. Group 2: Company Performance - In 2020, the company achieved double-digit growth in both sales volume and product structure, with significant increases in the sales of both field crop fertilizers and economic crop fertilizers [4]. - The proportion of high-end products in the company's offerings increased substantially, contributing to an overall rise in gross profit per ton [4]. - The company faced a decline in profits over the past two years due to provisions for bad debts, but most of these provisions have now been accounted for, minimizing future impacts on performance [3][4]. Group 3: Future Outlook - For 2021, the company anticipates an expansion in domestic grain planting areas, particularly in the Northeast and Huang-Huai-Hai regions, driven by government emphasis on food security [4]. - The company expects an increase in fertilizer usage due to higher planting frequency and crop prices, which will boost farmers' investment in fertilizers [4]. - The company plans to enhance product sales and profit levels in 2021 by maintaining growth in field crop and economic crop fertilizer sales and improving product structure through R&D [5]. Group 4: Strategic Planning - The company aims to extend its supply chain upstream to achieve synergy and provide more value-added services to downstream customers [5]. - The ongoing supply-side reforms have led to the elimination of outdated production capacity, resulting in a balanced supply-demand state in the upstream industry [5]. - The company will leverage its cash reserves to facilitate upstream integration, enhancing cost advantages and overall competitiveness [5].

证券代码：002588 证券简称：史丹利 公告编号：2022-059 史丹利农业集团股份有限公司 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。 为进一步加强与投资者的沟通交流，史丹利农业集团股份有限公司（以下简 称"公司"）将参加由山东证监局联合山东上市公司协会等单位举办的山东辖区上 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： 本次集体接待日活动通过全景路演平台线上交流的方式举行，活动时间为 2022 年 11 月 16 日（星期三）14:00-16:00，投资者可以登录全景网"投资者关系 互动平台"（http://ir.p5w.net/）参与。 届时，公司副总经理兼董事会秘书胡照顺先生、财务总监陈桂芳女士将在线 就公司治理及社会责任/ESG、经营状况、发展战略、风险防控、投资者保护、 三季度报告等投资者关心的问题，与投资者进行沟通交流，欢迎广大投资者积极 参与。 特此公告。 史丹利农业集团股份有限公司董事会 二〇二二年十一月十四日 ...

Financial Performance - Q3 2022 revenue was CNY 1,301,387,135.64, a decrease of 2.72% year-over-year, while year-to-date revenue reached CNY 6,880,169,813.73, an increase of 41.64%[5] - Net profit attributable to shareholders for Q3 2022 was CNY 56,224,744.32, down 20.15% year-over-year, with year-to-date net profit at CNY 426,899,133.04, up 22.92%[5] - Total operating revenue for the third quarter reached CNY 6,880,169,813.73, a significant increase of 41.5% compared to CNY 4,857,620,792.22 in the same period last year[21] - The net profit for Q3 2022 reached 421,111,209.09 CNY, compared to 341,140,299.79 CNY in Q3 2021, marking an increase of about 23.5%[25] - Basic and diluted earnings per share for Q3 2022 were both 0.3690 CNY, up from 0.3002 CNY in the previous year, reflecting a growth of approximately 22.9%[25] Cash Flow and Liquidity - The company's cash flow from operating activities for the year-to-date period was CNY 1,246,374,573.14, reflecting a significant increase of 78.12%[5] - The net cash flow from operating activities for Q3 2022 was 1,246,374,573.14 CNY, compared to 699,732,885.89 CNY in Q3 2021, indicating an increase of around 78.3%[26] - The net cash inflow from financing activities for Q3 2022 was 437,894,564.45 CNY, a significant improvement from a net outflow of -96,954,027.27 CNY in the same quarter last year[28] - The cash and cash equivalents at the end of Q3 2022 amounted to 3,129,707,103.44 CNY, up from 1,335,059,951.91 CNY at the end of Q3 2021, representing a growth of about 134.0%[28] Assets and Liabilities - Total assets as of the end of the reporting period were CNY 9,696,972,422.93, representing a 21.63% increase from the previous year[5] - Total liabilities increased to CNY 3,714,099,928.24, compared to CNY 2,779,603,173.02, marking a rise of 33.6%[20] - The company's equity attributable to shareholders increased by 7.43% year-over-year, reaching CNY 5,406,331,169.10[5] - The company's total current assets increased to ¥5,624,756,228.76 as of September 30, 2022, up from ¥4,817,499,300.05 at the beginning of the year, reflecting a strong liquidity position[16] Investment and Growth - Research and development expenses for the year-to-date period were CNY 217,428,232.51, an increase of 31.23% compared to the previous year[10] - The company reported a 122.77% increase in investment income year-to-date, amounting to CNY 42,506,990.01[10] - Long-term equity investments rose to ¥893,050,168.59 from ¥128,177,262.08, indicating a strategic focus on long-term growth opportunities[16] - The company reported a significant increase in contract liabilities, which rose to CNY 1,476,689,148.90 from CNY 827,471,035.59, indicating strong future revenue potential[21] Shareholder Information - As of September 30, 2022, the total number of ordinary shareholders was 59,281, with the top ten shareholders holding significant stakes, including Gao Wenban at 23.12% and Gao Jinhua at 15.08%[13] - The company has a significant number of pledged shares among its top shareholders, with Gao Wenban pledging 127,780,000 shares[13] - The total number of shares held by Shanghai Jiaken Asset Management Co., Ltd. - Jiaken Guoxuan No. 3 Private Securities Investment Fund was 25,220,000, with 22,220,000 shares held through a margin trading account[15] Operational Efficiency - Total operating costs amounted to CNY 6,464,814,360.05, up 43.5% from CNY 4,505,188,629.47 year-over-year[21] - The company's inventory decreased slightly to ¥1,346,208,897.20 from ¥1,411,776,339.62, suggesting effective inventory management strategies[16] - The company reported accounts receivable of ¥21,350,043.51, up from ¥10,726,971.74, reflecting increased sales activity[16] - Other receivables increased to ¥83,710,990.79 from ¥44,237,785.56, indicating a rise in financial transactions[16] Impairment and Credit Quality - The company incurred a credit impairment loss of -401,432.08 CNY in Q3 2022, a significant decrease from 1,876,283.42 CNY in the previous year, indicating improved credit quality[23] - The company reported an asset impairment loss of -17,300,149.98 CNY in Q3 2022, compared to -169,948.58 CNY in Q3 2021, reflecting a substantial increase in asset value retention[23]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥5,578,782,678.09, representing a 58.49% increase compared to ¥3,519,850,862.93 in the same period last year[22]. - Net profit attributable to shareholders was ¥370,674,388.72, up 33.87% from ¥276,886,609.77 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥351,185,223.50, reflecting a 43.93% increase from ¥243,999,388.92 in the previous year[22]. - The net cash flow from operating activities reached ¥873,813,601.16, a 47.38% increase compared to ¥592,912,177.96 in the same period last year[22]. - Basic earnings per share were ¥0.32, up 33.33% from ¥0.24 in the previous year[22]. - The company's operating profit for the first half of 2022 was CNY 433.16 million, an increase of 38.58% year-on-year[32]. - The company reported a net profit of 36.75 million RMB for the reporting period, with no impairment provisions recorded[66]. - The company’s total operating revenue for the first half of 2022 reached CNY 5,578,782,678.09, representing a year-on-year increase of 58.49% compared to CNY 3,519,850,862.93 in the same period last year[48]. - The total profit for the first half of 2022 was ¥101,026,835.63, down from ¥107,825,746.48 in the same period of 2021, representing a decrease of 6.9%[177]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,220,547,139.89, a 15.66% increase from ¥7,972,436,883.69 at the end of the previous year[22]. - The total liabilities amounted to CNY 3,725,739,842.83, compared to CNY 2,779,603,173.02 at the start of the year, which is an increase of about 34%[165]. - The company's equity attributable to shareholders rose to CNY 5,336,211,910.49 from CNY 5,032,588,468.22, reflecting an increase of approximately 6%[165]. - The company's current assets totaled CNY 5,528,772,654.90, up from CNY 4,817,499,300.05, indicating an increase of about 14.7%[161]. - The total capital stock at the end of the previous period was CNY 1,156,884,000.00[194]. Investment and Capital Expenditure - The company invested a total of RMB 27.3 billion in the joint venture with Songzi Yihua, enhancing its strategic position in the new energy materials sector[37]. - The new project for lithium iron phosphate and supporting facilities has a total investment of RMB 44.7 billion, aimed at developing a circular economy model[37]. - The total investment amount during the reporting period reached CNY 645,375,710, representing a 100% increase compared to the previous year[57]. - The company made significant equity investments, including CNY 539,896,600 in Hubei Yihua Songzi Fertilizer Co., Ltd., acquiring a 49% stake[58]. - The company is constructing a project with an annual production capacity of 1 million tons of high-efficiency compound fertilizer, with an investment of CNY 105,479,110[62]. Research and Development - Research and development expenses increased by 51.87% to CNY 207,356,497.90, up from CNY 136,533,437.13, primarily due to rising material costs[48]. - The company has developed a diverse range of fertilizers, including high-concentration compound fertilizers and various specialized fertilizers, which effectively meet the fertilization needs across different regions and crops[41]. - The company holds 341 patent technologies, enhancing its core competitiveness and market share[44]. Environmental Compliance - The company has maintained compliance with environmental regulations, with all emissions reported below the established limits during the reporting period[84]. - The company reported a total nitrogen discharge of 31 mg/L at the wastewater outlet, which is below the limit of 60 mg/L, with an annual discharge of 0.5 tons[88]. - The company achieved a total phosphorus discharge of 2.77 mg/L at the wastewater outlet, under the limit of 5 mg/L, with an annual discharge of 0.026 tons[88]. - The company has established environmental protection facilities in accordance with the Environmental Impact Assessment Law and has passed environmental protection acceptance during the reporting period[90]. Social Responsibility - In the first half of 2022, Stanley Agricultural Group donated a total of 754,000 yuan as part of its social responsibility initiatives[105]. - The company conducted over 150 training sessions for new farmers, benefiting more than 4,000 individuals in rural revitalization efforts[105]. - The newly completed 9,000 square meter intelligent greenhouse is expected to create over 100 jobs and promote local industry development[106]. Risk Management - The management has outlined potential risks and corresponding measures in the report, emphasizing the importance of risk awareness for investors[4]. - The company acknowledges risks associated with new project development and supply chain planning, which may be affected by various external factors[75]. - The company plans to adjust its raw material procurement strategy based on market changes to mitigate the impact of price volatility on performance[73].

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in 2021[19]. - The company's operating revenue for 2021 was ¥6,435,968,498.97, representing a 4.09% increase from ¥6,183,204,256.33 in 2020[6]. - The net profit attributable to shareholders for 2021 was ¥425,225,098.30, a significant increase of 47.81% compared to ¥287,678,660.48 in 2020[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥334,802,071.80, up 30.94% from ¥255,683,336.15 in 2020[6]. - The basic earnings per share for 2021 was ¥0.37, an increase of 48.00% from ¥0.25 in 2020[6]. - The diluted earnings per share also stood at ¥0.37, reflecting the same 48.00% increase from ¥0.25 in 2020[6]. - The company reported a total of ¥51,851,479.33 in government subsidies related to normal business operations for 2021, compared to ¥44,070,027.06 in 2020[30]. - The total assets at the end of 2021 were ¥7,972,436,883.69, reflecting a 12.01% increase from ¥7,117,502,126.13 at the end of 2020[6]. - The net assets attributable to shareholders increased by 8.01% to ¥5,032,588,468.22 at the end of 2021 from ¥4,659,217,966.81 at the end of 2020[6]. Dividend Distribution - The company plans to distribute a cash dividend of 0.70 RMB per 10 shares to all shareholders, based on a total share capital of 1,156,884,000 shares[6]. - The total distributable profit for the company was 425,225,098.30 yuan, with the cash dividend representing 100% of the profit distribution[181]. Market Strategy and Expansion - The company is focusing on expanding its market presence and enhancing its product offerings through new technology development[19]. - The company continues to explore strategic mergers and acquisitions to enhance its competitive edge in the market[19]. - The company acquired a 51% stake in Lihe Fertilizer, making it a subsidiary, which focuses on the production and sale of monoammonium phosphate[41]. - The company is actively expanding into the new energy battery materials sector, focusing on lithium iron phosphate and its precursors due to rising market demand[41]. - The company is gradually expanding upstream in the supply chain to enhance its core competitive advantages[50]. - The company aims to achieve an import target of 100,000 tons of potash fertilizer in 2022[124]. - The company is focusing on expanding its horticultural fertilizer business both online and offline to capture growing consumer demand[121]. Production and Capacity - The company's production capacity for compound fertilizers is 5.2 million tons per year, and for monoammonium phosphate, it is 120,000 tons per year[47]. - The designed capacity for phosphate fertilizer is 5.32 million tons per year, with a utilization rate of 44.12%[57]. - The company is currently constructing an additional capacity of 1 million tons for Lihe Fertilizer, which is expected to be operational soon[57]. Research and Development - The company emphasizes technological innovation, with a robust R&D team and partnerships with institutions like Tsinghua University and the Chinese Academy of Sciences[55]. - The company has established a comprehensive technical R&D innovation system, focusing on various fertilizer production methods and technologies[55]. - The company has completed 13 major technology innovation projects in 2021, focusing on soil restoration and agricultural technology[64]. - The company has a total of 341 patented technologies, enhancing its core competitiveness in the market[69]. Environmental Compliance - The company has maintained compliance with environmental standards, with all reported emissions not exceeding the set limits[195]. - The company reported a total pollutant discharge of 2.387 tons for particulate matter, which is below the approved discharge limit of 3.924 tons per annum[195]. - The company has implemented various environmental protection facilities, including a dual-alkali desulfurization system and SCR/SNCR denitrification systems, which have been operating normally during the reporting period[199]. - The company continues to focus on environmental sustainability, ensuring that all new projects incorporate necessary environmental protections from the outset[199]. Governance and Management - The company has a board of directors consisting of 5 members, including 2 independent directors, ensuring compliance with legal requirements[132]. - The company has established a robust financial management system, with independent financial personnel and bank accounts, ensuring no interference from shareholders[136]. - The company actively respects and maintains the rights of stakeholders, fostering cooperation with employees, suppliers, customers, and financial institutions[133]. - The company has independent decision-making capabilities within its organizational structure, with clearly defined responsibilities among its governance bodies[136]. - The company has a dedicated investor relations department to enhance communication with minority shareholders and ensure their rights are protected[132]. Employee and Labor Management - The total number of employees at the end of the reporting period is 3,370, with 1,311 in the parent company and 2,059 in major subsidiaries[174]. - The company has developed various employee training programs aimed at enhancing operational efficiency and service quality[177]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[182]. Risk Management - The management highlighted potential risks that could impact future performance, which are detailed in the report[6]. - The company faces risks from raw material price fluctuations, which can directly impact costs and profits[126]. - The company has established a risk control system for its futures hedging activities, ensuring compliance with relevant laws and internal regulations[113].

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,812,565,502.45, representing a 77.00% increase compared to ¥1,589,062,554.65 in the same period last year[6] - Net profit attributable to shareholders was ¥149,609,694.01, up 47.00% from ¥101,776,806.57 year-on-year[6] - Basic and diluted earnings per share increased to ¥0.13, reflecting a growth of 44.44% from ¥0.09[6] - The operating profit for Q1 2022 was CNY 165,852,478.05, an increase of 39.4% compared to CNY 118,916,406.08 in Q1 2021[25] - The net profit for Q1 2022 reached CNY 146,752,871.83, up 46.6% from CNY 99,981,872.56 in Q1 2021[25] Cash Flow - The net cash flow from operating activities surged to ¥841,039,550.83, a significant increase of 1,147.56% compared to ¥67,414,930.81 in the previous year[6] - The net cash flow from operating activities for the first quarter was ¥841,039,550.83, a significant increase from ¥67,414,930.81 in the previous period, representing a growth of approximately 1148%[30] - The total cash inflow from operating activities amounted to ¥3,333,731,739.36, compared to ¥1,850,136,058.76 in the prior period, indicating an increase of about 80%[30] - Cash outflows from operating activities totaled ¥2,492,692,188.53, up from ¥1,782,721,127.95, reflecting a rise of approximately 40%[30] - The company's cash and cash equivalents amount to ¥2,818,690,563.33, an increase from ¥1,612,230,694.31 at the beginning of the year[16] Assets and Liabilities - Total assets at the end of the reporting period reached ¥8,979,588,022.41, marking a 12.63% increase from ¥7,972,436,883.69 at the end of the previous year[6] - The total liabilities increased to CNY 3,633,616,638.01, compared to CNY 2,779,603,173.02 in the previous year, reflecting a growth of 30.8%[22] - The company's total assets reached CNY 8,979,588,022.41, up from CNY 7,972,436,883.69, indicating a growth of 12.6%[22] - The company's equity attributable to shareholders rose to ¥5,188,582,964.13, a 3.10% increase from ¥5,032,588,468.22[6] - The total equity attributable to shareholders of the parent company rose to CNY 5,188,582,964.13, an increase of 3.1% from CNY 5,032,588,468.22[22] Operating Costs and Expenses - The company experienced a 90.14% increase in operating costs, totaling ¥2,388,118,100.07, attributed to higher sales volume and raw material costs[9] - The total cost of operations for Q1 2022 was CNY 2,653,474,964.85, up from CNY 1,483,409,804.14, marking an increase of 79.9%[23] - The company's research and development expenses for Q1 2022 were CNY 79,800,654.62, slightly down from CNY 84,173,885.19 in the previous year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 60,365[13] - The largest shareholder, Gao Wenban, holds 23.12% of shares, totaling 267,518,800 shares, with 127,780,000 shares pledged[13] - The total number of preferred shareholders with restored voting rights is zero[13] Inventory and Receivables - The company reported other receivables of ¥119,904,865.02, up from ¥44,237,785.56[18] - The inventory value decreased to ¥1,289,816,665.44 from ¥1,411,776,339.62[18] - The company reported a significant increase in prepayments, which rose by 64.08% to ¥458,722,017.59, primarily due to increased advance payments for raw materials[9] Investment Activities - The net cash flow from investing activities was ¥333,880,559.69, compared to ¥285,600,335.64 in the previous year, showing an increase of about 17%[30] - The cash inflow from investment activities was ¥815,129,593.65, down from ¥1,361,099,168.45, indicating a decrease of about 40%[30] - Cash outflows for investment activities were ¥481,249,033.96, compared to ¥1,075,498,832.81 in the previous period, reflecting a decrease of approximately 55%[30] Financing Activities - The net cash flow from financing activities was -¥385,000.00, a decline from ¥11,759,392.80 in the prior year, indicating a negative shift[30] - The company reported a cash inflow from other investment activities of ¥811,870,494.17, down from ¥1,333,312,391.95, representing a decrease of about 39%[30]

证券代码：002588 证券简称：史丹利 公告编号：2021-039 史丹利农业集团股份有限公司 关于参加山东辖区上市公司 2021 年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。 为进一步做好投资者关系管理工作，增强与广大投资者的联系，切实提高上 市公司透明度和治理水平，史丹利农业集团股份有限公司（以下简称"公司"） 将参加由山东证监局、山东上市公司协会与深圳市全景网络有限公司联合举办的 山东辖区上市公司 2021 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,采取线上交流的方式举行，投资者可以登录"全景·路演天下"网站 （http://rs.p5w.net）参与本次活动。网上互动交流时间为 2021 年 11 月 16 日（星 期二）下午 14:00-16:00。 届时公司副总经理兼董事会秘书胡照顺先生、证券事务代表陈钊先生将采用 网络远程方式与投资者进行沟通交流，欢迎广大投资者积极参与。 特此公告。 史丹利农业集团股份有限公司董事会 二〇二一 ...

Financial Performance - Q3 2021 revenue was CNY 1,337,769,929.29, a decrease of 2.36% year-over-year, while year-to-date revenue reached CNY 4,857,620,792.22, an increase of 2.67%[4] - Net profit attributable to shareholders for Q3 2021 was CNY 70,412,850.81, up 7.01% year-over-year, with year-to-date net profit at CNY 347,299,460.58, a significant increase of 70.28%[4] - The company's basic earnings per share for Q3 2021 was CNY 0.0609, representing a 7.03% increase year-over-year[4] - Total operating revenue for the current period reached ¥4,857,620,792.22, an increase from ¥4,735,963,811.67 in the previous period, representing a growth of approximately 2.0%[28] - Net profit for the current period was ¥341,140,299.79, up from ¥187,834,106.20 in the previous period, indicating a growth of approximately 81.5%[30] - Earnings per share (EPS) for the current period was ¥0.3002, compared to ¥0.1763 in the previous period, showing an increase of about 70.0%[34] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 699,732,885.89, reflecting a decline of 54.06% compared to the previous year[4] - The net cash flow from operating activities for Q3 2021 was ¥699,732,885.89, a decrease of 54.0% compared to ¥1,523,115,770.55 in Q3 2020[37] - The company reported a total cash outflow from operating activities of ¥5,102,308,290.02, an increase from ¥3,964,409,331.56 in Q3 2020[37] - Cash inflow from financing activities totaled ¥35,000,000.00, down from ¥249,990,000.00 in Q3 2020[39] - The net cash flow from financing activities was -¥96,954,027.27, compared to -¥329,139,391.98 in the previous year[39] Assets and Liabilities - Total assets as of the end of the reporting period were CNY 7,916,884,434.50, an increase of 11.23% from the end of the previous year[4] - Current assets amounted to RMB 4,801,739,034.14, up from RMB 4,213,393,598.03, indicating a year-over-year increase of about 13.9%[23] - The total liabilities increased to RMB 2,605,614,145.75 from RMB 2,186,200,882.17, indicating a growth of approximately 19.0%[25] - The total liabilities reached ¥2,825,929,982.12, up from ¥2,396,155,116.63, indicating an increase of about 17.9%[30] Investments and Acquisitions - The company completed the acquisition of a 51% stake in Chengde Lihua Fertilizer Co., Ltd. for a total investment of RMB 244 million, enhancing its presence in the northern phosphate industry chain[20] - The company plans to invest RMB 645 million in a project to produce 1 million tons of green and efficient compound fertilizer annually, aimed at improving production scale and profitability[20] - Investment income surged by 502.23% year-over-year, primarily due to a reduction in operating losses from invested enterprises[12] - The company reported a significant increase in investment income to ¥19,081,506.66 from a loss of ¥4,743,897.76 in the previous period[30] Inventory and Receivables - The company reported a 173.69% increase in accounts receivable compared to the beginning of the year, primarily due to an increase in bank acceptance bills received[8] - Inventory increased by 30.54% compared to the beginning of the year, attributed to rising costs of raw materials and finished products[8] - Inventory levels rose to RMB 1,147,290,972.03, compared to RMB 878,907,267.26, marking an increase of about 30.6%[23] Financial Expenses - Financial expenses decreased by 62.43% year-over-year, mainly due to increased income from financial products and reduced loan interest expenses[12] - Research and development expenses increased to ¥165,680,837.59 from ¥149,568,020.40, marking a rise of approximately 10.8%[30] Other Financial Metrics - Cash and cash equivalents increased to RMB 1,588,867,904.89 from RMB 1,447,274,771.33, representing a growth of approximately 9.8%[23] - The company's short-term borrowings increased to RMB 40,000,000.00 from RMB 15,000,000.00, reflecting a significant rise in financing needs[25] - The company reported a decrease in long-term equity investments from RMB 142,186,571.91 to RMB 135,107,466.46, a decline of about 5.7%[23] - The company’s goodwill stood at RMB 126,708,950.52, indicating ongoing investments in strategic acquisitions[25]