Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,519,850,862.93, representing a 4.72% increase compared to CNY 3,361,169,087.19 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was CNY 276,886,609.77, a significant increase of 100.41% from CNY 138,162,920.49 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 243,999,388.92, up 108.30% from CNY 117,140,013.56 year-on-year[23]. - The basic earnings per share increased to CNY 0.24, doubling from CNY 0.12 in the same period last year[23]. - The total revenue for the first half of 2021 was approximately CNY 4.12 billion, an increase from CNY 3.39 billion in the same period of 2020, representing a growth of about 21.4%[177]. - The net profit for the first half of 2021 reached CNY 94.61 million, compared to CNY 9.72 million in the first half of 2020, indicating a significant increase of approximately 873.5%[176]. - Operating profit for the first half of 2021 was CNY 107.32 million, a substantial rise from CNY 13.50 million in the previous year, reflecting an increase of about 694.5%[176]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,519,319,176.28, reflecting a 5.65% increase from CNY 7,117,502,126.13 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company rose to CNY 4,865,516,883.52, a 4.43% increase from CNY 4,659,217,966.81 at the end of the previous year[23]. - Total liabilities rose to CNY 2,596,946,882.70, up from CNY 2,396,155,116.63, indicating an increase of around 8.38%[159]. - Current liabilities increased to CNY 2,389,450,507.24 from CNY 2,186,200,882.17, marking a growth of about 9.29%[157]. - The company's equity attributable to shareholders reached CNY 4,865,516,883.52, compared to CNY 4,659,217,966.81, an increase of approximately 4.43%[159]. Cash Flow - The net cash flow from operating activities was CNY 592,912,177.96, down 33.47% from CNY 891,234,615.79 in the previous year[23]. - Cash flow from operating activities generated a net amount of CNY 592.91 million, down from CNY 891.23 million in the first half of 2020, showing a decrease of approximately 33.5%[182]. - The company reported a significant decrease in net cash flow from operating activities, amounting to CNY 365.55 million, down 75.70% from CNY 1.50 billion in the previous year[48]. - The company recorded investment cash outflows of CNY 2.31 billion in the first half of 2021, compared to CNY 597.38 million in the same period of 2020, indicating a significant increase in investment activities[182]. Market Position and Strategy - The company maintains a strong market position, with its products consistently ranking among the top in sales volume and market share within the compound fertilizer industry[35]. - The compound fertilizer industry is experiencing a recovery in demand due to rising grain prices, which have increased farmers' planting enthusiasm[36]. - The company has established a comprehensive marketing and distribution network, leveraging its brand influence to enhance sales channels[34]. - Future competition among leading compound fertilizer companies will focus on supply chain collaboration, cost control, brand influence, and service capabilities[36]. Environmental Compliance - The company reported no significant environmental or safety issues during the reporting period, adhering to national and local regulations[71]. - The company successfully maintained compliance with environmental standards, with all reported emissions below the regulatory limits[85]. - The company has implemented various pollution control facilities, including SCR and SNCR systems, which are operating normally[85]. - The company has established a comprehensive environmental management system to monitor and control emissions effectively[86]. Research and Development - Research and development investment increased by 13.79% to ¥136.53 million from ¥119.99 million in the previous year[48]. - The company has established strategic partnerships with various research institutions and universities, promoting the development and application of specialized fertilizers[46]. - The company has a total of 345 patented technologies, enhancing its core competitiveness in the market[46]. Social Responsibility - In the first half of 2021, Stanley Agricultural Group donated a total of 31,000 yuan as part of its social responsibility initiatives[98]. - Stanley Agricultural Group continues to support rural revitalization efforts, recognized as a provincial-level training base for vocational farmers[98].

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,589,062,554.65, a decrease of 14.47% compared to ¥1,857,900,445.30 in the same period last year[8] - Net profit attributable to shareholders was ¥101,776,806.57, representing a 62.00% increase from ¥62,824,730.19 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥88,661,392.46, up 79.88% from ¥49,289,061.33 in the previous year[8] - Basic and diluted earnings per share were both ¥0.09, an increase of 80.00% from ¥0.05 in the previous year[8] - Total operating revenue for Q1 2021 was CNY 1,589,062,554.65, a decrease of 14.6% compared to CNY 1,862,554,040.66 in the previous year[46] - Net profit for Q1 2021 reached CNY 99,981,872.56, an increase of 62.3% from CNY 61,438,791.68 in Q1 2020[50] - The company reported a total comprehensive income of CNY 99,981,872.56 for Q1 2021, compared to CNY 61,438,791.68 in Q1 2020, marking a growth of 62.3%[54] Cash Flow - The net cash flow from operating activities was ¥67,414,930.81, a significant decrease of 89.27% compared to ¥628,199,848.38 in the same period last year[8] - Net cash flow from operating activities decreased by 89.27% to ¥67,414,930.81 from ¥628,199,848.38, mainly due to increased expenditures on purchased goods[17] - The cash flow from operating activities generated a net amount of CNY 67,414,930.81, down from CNY 628,199,848.38 in the previous year, indicating a decrease of approximately 89.3%[62] - The company’s financing activities generated a net cash flow of CNY 11,759,392.80, compared to a net outflow of CNY 50,504,208.35 in the previous year, indicating a turnaround in financing activities[64] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,262,990,671.44, an increase of 2.04% from ¥7,117,502,126.13 at the end of the previous year[8] - Current liabilities totaled CNY 2,226,959,958.13, compared to CNY 2,186,200,882.17, reflecting an increase of about 1.87%[37] - The company's total liabilities amounted to CNY 2,436,752,406.71, an increase from CNY 2,396,155,116.63, which is a rise of about 1.69%[39] - The total equity attributable to shareholders reached CNY 4,765,904,156.05, compared to CNY 4,659,217,966.81, marking an increase of approximately 2.28%[39] Investments and Expenses - Research and development expenses rose by 51.88% to ¥84,173,885.19 from ¥55,420,231.54, reflecting an increase in R&D activities and related expenditures[17] - The company reported cash inflows from investment activities totaling CNY 1,361,099,168.45, compared to CNY 688,046,315.20 in the previous year, showing an increase of approximately 97.8%[62] - Cash outflows from investment activities were CNY 1,075,498,832.81, compared to CNY 538,735,014.68 in the previous year, indicating an increase of about 99.4%[62] - The company incurred operating expenses of CNY 1,782,721,127.95, which is an increase from CNY 1,300,976,111.51 year-over-year, representing a rise of approximately 37%[62] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 51,821, with the top ten shareholders holding significant stakes[12] - The company reported a decrease in employee compensation payable to CNY 108,700,247.63 from CNY 131,362,556.03, a reduction of about 17.25%[37] Inventory and Construction - Inventory increased to ¥1,025,350,963.17 from ¥878,907,267.26, indicating a rise in stock levels[33] - Construction in progress increased by 33.45% to ¥34,276,049.60 from ¥25,685,364.11 primarily due to increased investment in technological transformation projects[17]

Financial Performance - The company's operating revenue for 2020 was CNY 6,183,204,256.33, representing a 7.05% increase compared to CNY 5,776,017,075.80 in 2019[19] - The net profit attributable to shareholders in 2020 was CNY 287,678,660.48, a significant increase of 165.62% from CNY 108,305,321.89 in 2019[19] - The net profit after deducting non-recurring gains and losses was CNY 255,683,336.15, up 204.45% from CNY 83,981,934.87 in the previous year[19] - The net cash flow from operating activities increased by 31.27% to CNY 1,510,122,632.33, compared to CNY 1,150,359,415.04 in 2019[19] - Basic earnings per share rose to CNY 0.25, a 177.78% increase from CNY 0.09 in 2019[19] - Total assets at the end of 2020 were CNY 7,117,502,126.13, reflecting a 7.91% increase from CNY 6,595,764,875.09 at the end of 2019[19] - The net assets attributable to shareholders increased to CNY 4,659,217,966.81, up 6.33% from CNY 4,381,933,198.65 in 2019[19] - The weighted average return on equity for 2020 was 6.38%, an increase from 2.50% in 2019[19] Revenue and Sales - The company's total revenue for Q1 2020 was ¥1,857,900,445.30, with a net profit attributable to shareholders of ¥62,824,730.19[23] - In Q2 2020, the company reported a revenue of ¥1,503,268,641.89 and a net profit of ¥75,338,190.30, indicating a decrease in revenue compared to Q1[23] - The company sold a total of 2.52 million tons of products, with a 14% increase in sales volume for field crop fertilizers[48] - The sales in the integrated village promotion project increased by 83% year-on-year[51] - The revenue from compound fertilizers amounted to ¥5,731,295,425, with an average selling price of ¥2,298.00 per ton in the first half of the year[66] Production and Capacity - The company has a total production capacity of 5.2 million tons across multiple production bases located in Shandong, Jilin, Guangxi, Hubei, Henan, Jiangxi, Gansu, and Xinjiang[35] - The production capacity of compound fertilizer is 5.2 million tons per year, with a utilization rate of 48.13%[54] - The company has established production bases in multiple provinces, including Shandong, Henan, and Guangxi, to quickly respond to fertilizer demands and reduce transportation costs[42] Research and Development - The company's R&D expenditure for 2020 was CNY 192,737,903.42, an increase of 12.26% compared to CNY 171,685,953.21 in 2019[81] - The company has a total of 341 patented technologies, enhancing its core competitiveness in the market[46] - The company has invested in 13 major scientific projects, including national key research and development plans and significant technological innovation projects[40] - The company has established a technology research and development innovation system, collaborating with institutions like Tsinghua University and the Chinese Academy of Sciences[53] Marketing and Sales Strategy - The company’s marketing strategy leverages strong brand influence, with sub-brands achieving high recognition in the market[37] - The company’s marketing strategy included a focus on online sales, achieving a total retail sales of 18.09 million yuan for horticultural fertilizers[48] - The company aims to enhance its marketing model and increase the proportion of economic crop fertilizers, which have higher added value and shorter price fluctuation cycles[103] Environmental and Safety Compliance - The company has implemented environmental protection measures, with all emissions reported to be within regulatory limits[165][167] - The company has established a comprehensive environmental management system, ensuring that all facilities are designed, constructed, and operated in accordance with environmental impact assessment laws[172] - The company has achieved a 100% certification rate for special equipment operators and management personnel[167] - The company has invested in pollution prevention measures, including a centralized steam heating system to reduce atmospheric impact from its biomass boilers[173] Corporate Governance and Social Responsibility - The company emphasizes its commitment to social responsibility, focusing on product quality, safety production, and environmental protection[154] - The company donated a total of 432,500 RMB for poverty alleviation in 2020[160] - The company has established a comprehensive safety production responsibility system, with all subsidiaries signing safety responsibility agreements[167] Shareholder Information - The report indicates that there are no known relationships or concerted actions among other shareholders outside of the mentioned relationships[200] - The company reported a total share count of 1,156,884,000, with 36.04% being restricted shares and 63.96% being unrestricted shares[191] - The largest shareholder, Gao Wenban, holds 23.18% of the shares, totaling 268,120,800 shares, with an increase of 3,602,000 shares during the reporting period[198]

Financial Performance - Net profit attributable to shareholders was ¥65,799,960.62, representing a significant increase of 305.60% year-on-year[8]. - Operating income for the period was ¥1,370,060,376.00, reflecting a decrease of 3.81% compared to the same period last year[8]. - The net profit after deducting non-recurring gains and losses was ¥77,028,568.83, up 736.40% year-on-year[8]. - Basic earnings per share were ¥0.0569, an increase of 306.43% compared to the same period last year[8]. - The net profit for the current period is ¥214,668,207.00, significantly up from ¥6,219,762.50 in the previous period, representing a growth of 3,346.5%[73]. - The company reported a total profit of ¥221,045,697.02, compared to ¥11,546,658.44 in the previous period, indicating a substantial increase[71]. - The total comprehensive income attributable to the parent company was CNY 65,799,960.62, compared to CNY 16,222,855.34 in the same period last year, an increase of approximately 304.5%[49]. Cash Flow - The net cash flow from operating activities was ¥631,881,154.76, down 25.24% from the previous year[8]. - Net cash flow from operating activities increased by 45.12% to ¥1,523,115,770.55 compared to ¥1,049,558,754.79 in the previous period, attributed to reduced raw material purchases and increased sales receipts[20]. - The company reported a significant increase in cash flow from investment activities, rising by 2677.68% to ¥741,672,155.93, mainly due to the redemption of maturing financial products[20]. - Cash flow from operating activities for the current period is ¥1,523,115,770.55, an increase of 45.0% compared to ¥1,049,558,754.79 in the previous period[76]. - The net cash flow from investment activities is ¥741,672,155.93, a significant rise from ¥26,701,133.81 in the previous period[76]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,830,367,294.59, an increase of 3.56% compared to the end of the previous year[8]. - Total current assets amounted to ¥3,854,737,634.70, an increase from ¥3,384,402,239.96 at the end of 2019[33]. - The total liabilities amounted to CNY 2,138,193,632.14, up from CNY 2,070,749,784.04, indicating an increase of approximately 3.26%[37]. - Current liabilities totaled CNY 1,922,733,405.56, compared to CNY 1,843,228,953.57, reflecting an increase of about 4.85%[37]. - The company's total assets reached CNY 6,595,764,875.09, with current assets totaling CNY 3,384,402,239.96[87]. Shareholder Information - The total number of shareholders at the end of the reporting period was 48,184, with the top ten shareholders holding a significant portion of shares[12]. - Major shareholder Gao Wenban held 23.18% of the shares, amounting to 268,120,800 shares[12]. Research and Development - Research and development expenses decreased to CNY 29,580,541.94 from CNY 43,855,724.34, a reduction of about 32.5%[47]. - Research and development expenses increased to ¥59,261,663.62 from ¥49,944,176.38, reflecting a growth of 18.4%[69]. Investment Performance - Investment income decreased by 133.11% to -¥4,743,897.76, mainly due to reduced returns from financial products and losses from invested enterprises[19]. - The company reported a significant investment loss of approximately CNY 4.74 million, compared to a gain of CNY 14.33 million in the previous year, indicating challenges in investment performance[63]. Financial Ratios - The weighted average return on equity was 1.47%, compared to 1.10% in the previous year[8]. - The company's retained earnings increased to CNY 2,796,561,720.65 from CNY 2,629,799,317.00, showing a growth of about 6.36%[39]. Financial Reporting Changes - The company adopted the new revenue accounting standards starting January 1, 2020, impacting the financial reporting[99]. - The Q3 report was not audited, indicating preliminary financial results[99].

证券代码：002588 证券简称：史丹利 公告编号：2020-031 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 2020 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 山东辖区上市公司投资者网上接待日活动，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 2020 年 9 月 29 日（星期二）下午 15:00-16:55。 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 二〇二〇年九月二十五日 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥3,361,169,087.19, representing a 7.81% increase compared to ¥3,117,687,569.71 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥138,162,920.49, a 36.10% increase from ¥101,516,059.36 year-on-year[18]. - The net cash flow from operating activities surged by 336.07% to ¥891,234,615.79, compared to ¥204,377,064.10 in the previous year[18]. - Basic earnings per share increased by 33.33% to ¥0.12, up from ¥0.09 in the same period last year[18]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which was ¥117,140,013.56, up 29.41% from ¥90,517,009.38[18]. - The weighted average return on net assets improved to 3.11%, an increase of 0.77% from the previous year[18]. - The gross profit margin improved, with operating profit reaching 155.00 million CNY, up 37.06% year-on-year[39]. - The company achieved a total revenue of ¥3,361,169,087.19 in the first half of 2020, representing a year-on-year increase of 7.81% compared to ¥3,117,687,569.71 in the same period last year[44]. - The company’s financial expenses decreased significantly, showing a reduction in loan interest payments, which contributed to improved profitability[44]. - The company reported a comprehensive income of CNY 138,160,000.00 for the period, compared to a loss of CNY 920,100.00 in the previous year, indicating a turnaround in performance[167]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,675,199,811.71, a 1.20% increase from ¥6,595,764,875.09 at the end of the previous year[18]. - The total equity attributable to shareholders increased to CNY 4,507,776,552.22 from CNY 4,381,933,198.65, representing a growth of approximately 2.9%[147]. - The company's total liabilities decreased to CNY 2,025,261,527.06 from CNY 2,070,749,784.04, a reduction of about 2.2%[146]. - Cash and cash equivalents increased to 2,297,819,630, representing 34.42% of total assets, up from 12.20% in the previous year, indicating a significant increase of 22.22%[52]. - Inventory decreased to 765,604,462.5, accounting for 11.47% of total assets, down from 21.18% the previous year, reflecting a reduction of 9.71% due to consumption[52]. - Short-term borrowings decreased to 219,990,000, representing 3.30% of total assets, down from 11.53% the previous year, primarily due to loan repayments, a reduction of 8.23%[53]. Business Operations - The company's main business includes the research, production, and sales of compound fertilizers, with an annual production capacity of 5.2 million tons[26]. - The company has established over 3,000 primary distributors and more than 100,000 terminal outlets across 31 provinces, cities, and autonomous regions in China, ranking high in sales volume and market share[26]. - The company has a sales team of over 1,000 members and has optimized its sales channels from three levels to two, enhancing efficiency[32]. - The company has established a specialized agronomy service team with over 50 professionals, providing targeted services to various crops across different regions[33]. - The company continues to invest in advertising and brand promotion, leveraging platforms like CCTV to enhance brand loyalty and recognition[32]. - The company is exploring new business models and increasing investment in product research and agronomy services to adapt to changing planting patterns[28]. Research and Development - Research and development expenses increased by 39.05% to ¥119,987,478.46, up from ¥86,291,338.66 in the previous year, reflecting a focus on product upgrades and new fertilizer development[44]. - The company launched several new fertilizers, including water-soluble calcium and potassium humate, which received positive market feedback[42]. - The company holds 324 patents, reflecting its strong commitment to technological innovation and product development[36]. Environmental and Social Responsibility - The company emphasizes the importance of environmental protection and safety production, ensuring compliance with national and local standards without any major issues during the reporting period[67]. - The company invested CNY 9.4 million in social responsibility initiatives, specifically in poverty alleviation during the first half of 2020[114]. - The company has received the "Green Enterprise" title in 2018 for its environmental protection efforts[112]. - The company has implemented comprehensive environmental protection facilities, including bag dust collectors and desulfurization systems, which have been operational during the reporting period[99]. - The company has established emergency response plans for environmental incidents, with documentation filed with local environmental authorities[106]. Market Challenges and Strategies - The compound fertilizer industry faces challenges such as raw material price volatility and insufficient downstream demand, leading to a "two ends squeezed" situation[27]. - The industry is expected to undergo structural changes, with a shift towards green development and the gradual reduction of traditional single fertilizers[28]. - The company is affected by fluctuations in crop prices, which can impact farmers' planting enthusiasm and subsequently affect product sales; it plans to adjust sales strategies accordingly[67]. - The company is adapting to agricultural policy changes, focusing on developing efficient and environmentally friendly fertilizers to align with national goals of reducing fertilizer and pesticide usage[68]. Shareholder Information - The total number of shares before the change was 1,156,884,000, with a decrease of 46,688,870 shares in limited shares[121]. - The largest shareholder, Gao Wenban, holds 23.18% of the shares, totaling 268,120,800 shares, with an increase of 3,602,000 shares during the reporting period[126]. - The company has not engaged in any repurchase transactions during the reporting period[127]. - The total number of ordinary shareholders at the end of the reporting period was 47,936[125]. Compliance and Governance - The company has maintained compliance with all commitments made by its controlling shareholders and actual controllers during the reporting period[79]. - There were no major litigation or arbitration matters during the reporting period[77]. - The company has not experienced any penalties or rectification situations during the reporting period[78]. - The semi-annual financial report has not been audited[142].

Financial Performance - The company's operating revenue for 2019 was CNY 5,776,017,075.80, an increase of 1.58% compared to CNY 5,686,233,954.63 in 2018[20] - The net profit attributable to shareholders for 2019 was CNY 108,305,321.89, a decrease of 43.55% from CNY 191,865,831.93 in 2018[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 83,981,934.87, down 48.34% from CNY 162,560,392.85 in 2018[20] - Basic earnings per share for 2019 were CNY 0.09, a decrease of 47.06% from CNY 0.17 in 2018[20] - The company's operating profit decreased by 44.28% to CNY 11,738.45 million, and the net profit attributable to shareholders fell by 43.55% to CNY 10,830.53 million[44] - The gross profit margin declined by 2.78 percentage points due to the impact of raw material prices[44] Cash Flow and Assets - The net cash flow from operating activities was CNY 1,150,359,415.04, a significant increase of 461.77% compared to -CNY 317,984,964.10 in 2018[20] - The total assets at the end of 2019 were CNY 6,595,764,875.09, a decrease of 10.21% from CNY 7,345,724,086.49 at the end of 2018[20] - The net cash flow from operating activities improved significantly by 461.77%, reaching ¥1,150,359,415.04, primarily due to reduced cash expenditures[69] - The total assets included cash and cash equivalents of ¥922,260,349.06, representing 13.98% of total assets, an increase from 11.87% at the beginning of the year[72] - The company experienced a significant decrease in inventory from ¥1,735,394,530.26 at the beginning of the year to ¥1,104,622,432.74, a reduction of 6.87% in its proportion of total assets[72] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.2 per 10 shares to all shareholders[5] - In 2019, the company distributed cash dividends totaling CNY 23,137,680, with a dividend per share of CNY 0.20, representing 21.36% of the net profit attributable to ordinary shareholders[91][94] - The company distributed a cash dividend of 0.2 CNY per 10 shares, totaling 23,137,680 CNY, which represents 100% of the distributable profit[95] - The total number of shares for the cash dividend distribution was 1,156,884,000 shares[95] Market Position and Strategy - The company maintains a leading position in the compound fertilizer sector, with strong brand influence and product quality[29] - The company's "Stanley" brand compound fertilizer is one of the largest single-brand sales in the country, with a brand value of 2.72 billion yuan[35] - The company is focusing on developing new types of fertilizers, including functional fertilizers and biological fertilizers, in response to government policies promoting green agriculture[31] - The company plans to enhance its investment in product research and development, as well as agricultural services, to adapt to changing planting models[31] - The company aims to expand its agricultural service business and increase R&D efforts for new fertilizer products[83] Research and Development - The company holds 315 patent technologies, enhancing its core competitiveness and market share[40] - Research and development expenses amounted to ¥171,685,953.21, a slight decrease of 0.62% from the previous year[62] - The number of R&D personnel decreased by 12.80% from 703 in 2018 to 613 in 2019, resulting in a reduction in the proportion of R&D personnel from 19.10% to 16.31%[65] - The company is actively researching new types of fertilizers, including specialized and functional fertilizers, to meet the diverse needs of different regions[85] Environmental Compliance and Initiatives - The company has invested in environmental protection facilities, including a 35-ton boiler dual-alkali desulfurization system and SCR/SNCR denitrification systems, which are operating normally during the reporting period[153] - The company has received environmental permits for various projects, including the 100 tons/year mixed fertilizer project and the 40 tons/year potassium sulfate compound fertilizer project[158] - The company has maintained compliance with environmental regulations as per the Environmental Impact Assessment Law and Construction Project Environmental Protection Regulations[154] - The company has successfully passed environmental acceptance inspections for multiple production lines, including the 100,000 tons/year mixed fertilizer production line[159] Shareholder Structure and Governance - The total number of common shareholders at the end of the reporting period was 43,799, with a decrease from 48,004 in the previous month[179] - The largest shareholder, Gao Wenban, holds 22.86% of the shares, amounting to 264,518,800 shares, with 155,400,000 shares pledged[179] - The controlling shareholders are all natural persons, with no changes in the controlling shareholder during the reporting period[193] - The actual controllers of the company are Gao Wenban and Gao Jinhua, both of whom are Chinese nationals and do not hold residency in other countries[194] Risks and Challenges - The company has identified risks related to raw material price fluctuations, which could impact its financial performance due to the volatility of nitrogen, phosphorus, and potassium fertilizer prices[87] - The company faces risks from agricultural policy changes that could affect farmers' income and their willingness to use fertilizers, impacting sales[87]

史丹利农业集团股份有限公司 2020 年第一季度报告全文 史丹利农业集团股份有限公司 2020 年第一季度报告 2020 年 04 月 1 史丹利农业集团股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人高文班、主管会计工作负责人陈桂芳及会计机构负责人(会计主 管人员)陈桂芳声明：保证季度报告中财务报表的真实、准确、完整。 2 史丹利农业集团股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本 ...

Financial Performance - Operating revenue for the reporting period was CNY 1,424,340,598.99, an increase of 4.51% year-on-year[8] - Net profit attributable to shareholders was CNY 16,222,855.34, down 42.33% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 9,209,539.48, a decrease of 41.04% year-on-year[8] - Basic earnings per share were CNY 0.0140, down 42.39% year-on-year[8] - Total operating revenue for Q3 2019 was CNY 1,424,925,901.99, an increase of 4.4% compared to CNY 1,364,728,766.74 in the same period last year[49] - Net profit for Q3 2019 was CNY 14,809,849.85, down 39.2% from CNY 24,414,650.15 in Q3 2018[51] - The company's operating revenue for the current period is approximately $495.11 million, a decrease of about 14.6% compared to $579.60 million in the previous period[58] - The net profit for the current period is approximately $5.15 million, a decline of about 42.5% from $8.99 million in the previous period[60] - The total profit for the current period is approximately $8.94 million, down from $11.51 million, representing a decrease of about 22.4%[58] - The net profit attributable to the parent company for the year-to-date period is approximately $117.74 million, compared to $196.53 million in the previous year, a decrease of about 40.0%[64] Cash Flow - The net cash flow from operating activities was CNY 845,181,690.69, an increase of 52.67% compared to the same period last year[8] - Net cash flow from operating activities increased by 926.35%, mainly due to reduced raw material purchases and increased sales receipts[24] - Cash flow from operating activities totaled ¥4,999,796,215.02, an increase from ¥4,734,718,885.60 in the previous period[77] - Cash received from operating activities totaled 4,648,657,859.45, compared to 4,260,975,465.27 in the previous period, showing an increase[83] - The company paid 1,977,457,243.67 in cash for operating activities, a decrease from 4,327,744,578.57 in the previous period[83] - The net cash flow from operating activities was 959,715,650.17, compared to a negative cash flow of -66,769,113.30 in the previous period, indicating a significant improvement[83] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,654,592,830.60, a decrease of 9.41% compared to the end of the previous year[8] - Total assets decreased from CNY 7,345,724,086.49 to CNY 6,654,592,830.60, a decline of approximately 9.4%[41] - Non-current assets decreased from CNY 3,401,188,664.34 to CNY 3,230,171,007.79, a decline of about 5.0%[41] - Current liabilities decreased significantly from CNY 2,679,824,737.97 to CNY 1,892,927,085.65, a reduction of approximately 29.3%[39] - Total liabilities decreased from CNY 2,903,061,810.75 to CNY 2,121,411,575.96, a decline of about 26.9%[39] - Owner's equity increased from CNY 4,442,662,275.74 to CNY 4,533,181,254.64, an increase of approximately 2.0%[41] - The company reported a total liability of approximately ¥2.90 billion, with current liabilities reaching about ¥2.68 billion[93] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 44,157[12] - The largest shareholder, Gao Wenban, held 22.86% of the shares, amounting to 264,518,800 shares[12] Inventory and Receivables - Accounts receivable increased by 62.38% from the beginning of the period, mainly due to the addition of new credit customers[22] - Other receivables decreased by 42.12%, primarily due to the recovery of financial assistance during the period[22] - Inventory decreased by 37.13%, mainly due to significant consumption of beginning inventory[22] - Inventory decreased from CNY 561,302,309.86 to CNY 349,386,555.79, a decline of approximately 37.6%[42] - Prepayments decreased from CNY 361,042,767.55 to CNY 207,878,520.69, a reduction of about 42.3%[42] Expenses and Investments - Financial expenses decreased by 49.12%, mainly due to an increase in bank wealth management products maturing during the period[24] - Investment income decreased by 70.82%, primarily due to a reduction in brokerage wealth management products during the period[24] - Research and development expenses for Q3 2019 were CNY 43,855,724.34, a slight decrease from CNY 45,567,233.91 in the same period last year[49] - Research and development expenses decreased to approximately $15.76 million from $24.32 million, a reduction of about 35.4%[58] - The company reported investment income of approximately $5.33 million, down from $12.95 million, a decrease of about 58.8%[58] Government Support - The company received government subsidies amounting to CNY 25,786,934.43 during the reporting period[8] Other Financial Metrics - The weighted average return on net assets was 0.37%, a decrease of 0.29 percentage points compared to the same period last year[8] - The company had no overdue commitments or guarantees during the reporting period[25] - The third quarter report was not audited, indicating potential limitations in the reliability of the financial data presented[103]

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 3,117,687,569.71, representing a 6.67% increase compared to CNY 2,922,640,016.23 in the same period last year[22]. - The net profit attributable to shareholders of the listed company decreased by 39.72% to CNY 101,516,059.36 from CNY 168,397,177.10 year-on-year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 41.80% to CNY 90,517,009.38 compared to CNY 155,523,731.99 in the previous year[22]. - Basic and diluted earnings per share decreased by 40.00% to CNY 0.09 from CNY 0.15 in the previous year[22]. - The total operating cost for the same period was RMB 303,065,650, reflecting a year-on-year increase of 9.79%[48]. - The company's net profit attributable to shareholders was RMB 10,151,610, down 39.72% year-on-year[48]. - The total operating revenue for the first half of 2019 was CNY 3,121,290,020.09, an increase of 6.7% compared to CNY 2,925,936,959.05 in the same period of 2018[182]. - Net profit attributable to the parent company was CNY 101,516,059.36, down 39.7% from CNY 168,397,177.10 in the first half of 2018[184]. - The total operating costs for the first half of 2019 were CNY 3,030,656,541.87, an increase of 9.8% compared to CNY 2,760,337,909.37 in the same period of 2018[182]. Cash Flow and Investments - The net cash flow from operating activities improved significantly, reaching CNY 204,377,064.10, a 145.63% increase from a negative CNY 447,888,630.74 in the same period last year[22]. - The company reported a significant decrease in investment cash flow by 90.02%, amounting to ¥71,095,035.96, compared to ¥712,631,647.85 in the same period last year[57]. - The company’s net increase in cash and cash equivalents was ¥74,741,092.79, a decrease of 62.65% from ¥200,115,467.80 in the previous year[59]. - The total cash inflow from investment activities was ¥1,031,178,114.12 in the first half of 2019, down from ¥4,343,237,493.75 in the same period of 2018[200]. - The cash outflow for investment activities was ¥960,083,078.16 in the first half of 2019, compared to ¥3,630,605,845.90 in the same period of 2018, indicating a decrease of approximately 73.5%[200]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,878,570,092.71, down 6.36% from CNY 7,345,724,086.49 at the end of the previous year[22]. - The total liabilities decreased from CNY 2,903,061,810.75 to CNY 2,360,198,687.92, a decrease of approximately 18.71%[174]. - Current liabilities decreased from CNY 2,679,824,737.97 to CNY 2,143,084,405.21, a decline of about 20.00%[171]. - Cash and cash equivalents decreased from CNY 818,869,990.29 to CNY 694,066,467.29, a drop of approximately 15.25%[175]. - Inventory decreased from CNY 1,735,394,530.26 to CNY 1,457,153,785.36, a reduction of about 16.00%[169]. Research and Development - Research and development expenses rose by 12.93% to ¥86,291,338.66 from ¥76,412,846.48, reflecting the company's commitment to innovation[57]. - The company has a total of 293 patented technologies as of the reporting period, enhancing its core competitiveness[44]. - Research and development expenses increased to ¥34,182,642.15 in the first half of 2019, compared to ¥20,755,979.54 in the same period of 2018, marking a rise of approximately 64.5%[192]. Market Position and Strategy - The company maintains a leading market position in the compound fertilizer industry, with its products ranking among the top in sales and market share[31]. - The company has established over 10,000 terminal outlets and a network of more than 3,000 primary distributors nationwide[37]. - The company has implemented a "sales determined by production" model, focusing on market demand to guide production[30]. - The company is adapting to industry challenges by increasing investment in product research and development and exploring new business models[34]. - The company has developed a variety of new fertilizers, including high-efficiency and eco-friendly products tailored to different regions and crops[41]. Environmental Responsibility - The company has invested in pollution prevention facilities, including desulfurization and dust collection systems, which are currently operational[115]. - The company has implemented significant environmental upgrades, including converting coal boilers to biomass pellet boilers, achieving zero sulfur dioxide emissions in Guigang[120]. - The company’s emissions for major pollutants such as sulfur dioxide and nitrogen oxides were within the regulatory limits, with no exceedances reported[110][112]. - The company has publicly displayed environmental information at its facilities, ensuring transparency in its environmental impact[120]. Shareholder Information - The total number of shares before the change was 1,156,884,000, with 34.98% being limited shares and 65.02% being unrestricted shares[129]. - The largest shareholder, Gao Wenban, holds 22.86% of the shares, totaling 264,518,800 shares, with 198,389,100 shares being limited[136]. - The company reported no new securities issuance or listing during the reporting period[135]. - The total number of shareholders holding more than 5% of the shares is 10[136]. - The company has a total of 45,967 shareholders at the end of the reporting period[136].