Financial Performance - The company achieved operating revenue of ¥760,214,544.04, representing a year-on-year increase of 44.63%[3] - Net profit attributable to shareholders reached ¥35,304,777.30, a significant increase of 234.09% compared to the same period last year[3] - The net profit after deducting non-recurring gains and losses was ¥33,898,133.70, reflecting a growth of 333.22% year-on-year[3] - The basic earnings per share rose to ¥0.0898, an increase of 199.33% from ¥0.03 in the previous year[3] - The company reported a profit margin increase, with total profit reaching ¥39,638,672.47, up 219.21% year-on-year[6] - Net profit for Q1 2022 was ¥34,898,884.61, representing a 29.1% increase from ¥10,594,165.55 in Q1 2021[17] - Earnings per share (EPS) for Q1 2022 was ¥0.0898, compared to ¥0.03 in the previous year[18] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of -¥49,744,425.05, an improvement of 45.03% compared to -¥90,491,120.73 in the same period last year[3] - Cash inflow from operating activities totaled ¥760,169,721.15, compared to ¥471,913,554.31 in the previous year[21] - The company incurred a financial expense of ¥7,500,879.65, down from ¥11,369,968.84 in the same period last year[16] - The net cash flow from financing activities was 7,151,678.30, compared to a negative cash flow of -24,251,150.67 in the previous period[22] - The total cash outflow from financing activities amounted to 38,749,078.47, a significant decrease from 113,948,612.76 in the prior period[22] - The net increase in cash and cash equivalents was -88,353,753.42, compared to -95,104,206.05 in the previous year[22] - The ending balance of cash and cash equivalents was 76,616,910.92, down from 123,118,519.55 in the previous period[22] - The initial balance of cash and cash equivalents was 164,970,664.34, indicating a decrease in liquidity[22] - The impact of exchange rate changes on cash and cash equivalents was -211,163.15, reflecting currency fluctuations[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,008,528,709.87, a slight decrease of 0.77% from the previous year-end[3] - Total current assets decreased from 1,840,724,940.32 CNY at the beginning of the year to 1,771,623,837.70 CNY[12] - Cash and cash equivalents decreased from 236,371,520.84 CNY to 137,099,866.73 CNY[12] - Accounts receivable decreased from 766,119,267.06 CNY to 751,691,713.20 CNY[12] - Inventory increased from 489,945,269.44 CNY to 612,324,234.28 CNY[12] - Total liabilities decreased from 1,449,274,037.15 CNY to 1,385,466,843.98 CNY[13] - Current liabilities decreased from 1,375,873,067.63 CNY to 1,316,710,713.58 CNY[13] - Non-current assets increased from 1,191,088,653.47 CNY to 1,236,904,872.17 CNY[13] Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,517[9] - The largest shareholder, Zheng Chuangfa, holds 28.08% of shares, totaling 110,471,700 shares[9] Research and Development - Research and development expenses increased by 51.40% to ¥32,642,283.19, driven by efforts to develop new products and enhance technology[6] - Research and development expenses increased to ¥32,642,283.19, up 51.6% from ¥21,560,849.35 year-over-year[16] Audit and Reporting - The first quarter report was not audited, indicating potential risks in financial reporting accuracy[23]

广东光华科技股份有限公司 2021 年第三季度报告 证券代码：002741 证券简称：光华科技 公告编号：2021-076 广东光华科技股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 683,228,514.89 | 35.76% | 1,844,636,330.41 | 31.0 ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,161,407,815.52, representing a 28.38% increase compared to CNY 904,673,899.45 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 30,050,343.56, a significant increase of 178.35% from CNY 10,796,032.53 in the previous year[19]. - The net profit after deducting non-recurring gains and losses reached CNY 20,718,638.61, marking a 516.03% increase compared to CNY 3,363,234.09 in the same period last year[19]. - The basic earnings per share increased to CNY 0.0800, up 177.78% from CNY 0.0288 in the previous year[19]. - The total operating revenue for the first half of 2021 reached CNY 1,161,407,815.52, representing a year-on-year increase of 28.38% compared to CNY 904,673,899.45 in the previous year[63]. - The total profit for the first half of 2021 was CNY 36,474,707.87, compared to CNY 10,558,983.04 in the same period last year, marking a substantial increase[186]. - The company reported a total comprehensive income of CNY 30,186,972.93, an increase from CNY 11,055,747.29 in the first half of 2020[187]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 2,743,761,856.40, a slight increase of 0.11% from CNY 2,740,782,660.35 at the end of the previous year[19]. - The total liabilities decreased to CNY 1,351,010,778.35 as of June 30, 2021, from CNY 1,366,069,689.15 at the end of 2020, a reduction of approximately 1.1%[183]. - The equity attributable to shareholders of the parent company increased to CNY 1,284,838,103.45 as of June 30, 2021, compared to CNY 1,230,790,494.02 at the end of 2020, marking a growth of about 4.4%[183]. - The current ratio stood at 143.00%, slightly down from 145.00% at the end of the previous year[171]. - The debt-to-asset ratio improved to 50.95%, down from 52.89% year-over-year[171]. Cash Flow - The company reported a net cash flow from operating activities of CNY -28,687,076.67, a decrease of 127.57% compared to CNY 104,034,087.87 in the same period last year[19]. - The net cash flow from operating activities for the first half of 2021 was -28,687,076.67 CNY, a decrease from 104,034,087.87 CNY in the same period of 2020[194]. - The net cash flow from investing activities was -3,232,969.07 CNY, an improvement from -17,618,255.57 CNY year-over-year[195]. - The net cash flow from financing activities was -101,034,278.77 CNY, worsening from -35,281,434.70 CNY year-over-year[195]. Research and Development - Research and development investment increased by 58.73% to ¥49,692,013.88, up from ¥31,305,231.57, reflecting the company's commitment to new product development and technology enhancement[62]. - The company has obtained 5 invention patents and 5 utility model patents during the reporting period, showcasing its strong focus on technological innovation[49]. - The company is enhancing its research and development capabilities, focusing on high-value new products and optimizing product design to maintain a competitive edge[48]. Market Position and Strategy - The company specializes in high-purity chemicals and composite chemicals for PCB production, which are essential for integrated circuit interconnection technology[27]. - The lithium battery materials produced by the company include ternary precursors and series products, with stable quality and high cycle stability[27]. - The company aims to expand its business in electronic chemicals, chemical reagents, and new energy sectors, accelerating product development and market positioning[45]. - The company is actively expanding into emerging markets such as 5G and new energy, driven by the demand from national key projects in "new infrastructure"[46]. Environmental Compliance - The company is committed to environmental compliance, ensuring that its waste emissions meet regulatory standards[85]. - The company has established a wastewater treatment station with a capacity of 2800m³/d, utilizing the A2O process for wastewater treatment[105]. - The company has implemented new strategies to enhance compliance with environmental regulations, focusing on reducing emissions across various pollutants[101]. - The company successfully maintained all emissions below the regulatory thresholds, ensuring environmental compliance[103]. Shareholder and Corporate Governance - The company maintains a commitment to protecting the rights of shareholders and creditors, ensuring transparency and equal access to information[112]. - Employee rights are prioritized, with a focus on health, safety, and professional development through training programs[113]. - The company has undergone changes in its board of directors, with the appointment of a new independent director on February 4, 2021[90]. - The stock option incentive plan was approved by the board on June 11, 2021, and subsequently by the shareholders on July 1, 2021[92][93].

广东光华科技股份有限公司 2021 年第一季度报告全文 广东光华科技股份有限公司 2021 年第一季度报告 2021 年 04 月 1 广东光华科技股份有限公司 2021 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。 公司负责人郑靭、主管会计工作负责人蔡雯及会计机构负责人(会计主管人 员)黄启秀声明：保证季度报告中财务报表的真实、准确、完整。 2 广东光华科技股份有限公司 2021 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 525,618,007.60 | 292,836,506.13 | 79.49% | | 归属于上市公司股东的净利润（元） | 10,567,296.59 | -13,540,9 ...

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2020, representing a year-on-year increase of 15%[12] - The net profit attributable to shareholders was RMB 150 million, an increase of 10% compared to the previous year[12] - The gross margin for the year was reported at 35%, a slight decrease from 37% in 2019[12] - The company's operating revenue for 2020 was ¥2,014,264,550.37, representing a 17.54% increase from ¥1,713,623,496.48 in 2019[17] - The net profit attributable to shareholders for 2020 was ¥36,134,820.48, a significant increase of 167.56% compared to ¥13,505,413.43 in 2019[17] - The net cash flow from operating activities for 2020 was ¥124,896,456.41, up 116.51% from ¥57,686,424.87 in 2019[17] - The total revenue for the company in 2020 was ¥21,858,172.43, compared to ¥14,082,897.53 in 2019, indicating a year-over-year increase of about 55.5%[23] - The total assets at the end of 2020 were ¥2,740,782,660.35, reflecting a 5.66% increase from ¥2,593,933,782.12 at the end of 2019[17] - The net assets attributable to shareholders at the end of 2020 were ¥1,287,187,306.88, a 2.90% increase from ¥1,250,860,873.60 at the end of 2019[17] - The basic earnings per share for 2020 were ¥0.10, a 150.00% increase from ¥0.04 in 2019[17] - The diluted earnings per share for 2020 were ¥0.09, a 125.00% increase from ¥0.04 in 2019[17] Investment and R&D - The company plans to invest RMB 200 million in research and development for new lithium battery materials in 2021[4] - New product launches in the PCB chemical segment are expected to contribute an additional RMB 100 million in revenue in 2021[12] - The company has established a strategic partnership with a leading technology firm to enhance its R&D capabilities[4] - The company holds 19 invention patents and 3 utility model patents, reflecting its commitment to technological innovation and industry leadership[32] - The company has a strong focus on R&D, with multiple national and provincial-level research platforms to enhance its technological capabilities[35] - The company has a design capacity of 26,000 tons for lithium battery materials, with a current utilization rate of 43%[46] - The company holds 13 authorized patents related to lithium battery materials, enhancing its R&D capabilities[46] - The company is actively collaborating with universities and research institutions to enhance its R&D capabilities and foster innovation[95] Market Expansion and Strategy - The company aims to expand its market presence in Southeast Asia, targeting a 30% market share by 2023[4] - User data indicates a 25% increase in the number of active customers in the lithium battery segment[12] - The company is focusing on three main sectors: electronic chemicals, chemical reagents, and new energy, to expand business space and accelerate industrial layout[95] - The company aims to enhance its market position in the PCB market and actively expand into emerging markets like 5G and new energy, preparing to seize market opportunities[96] - The company plans to implement a strategic layout for lithium battery recycling, aiming to enhance core competitiveness and create new profit growth points in the rapidly developing lithium battery recycling market[93] Competition and Challenges - The company is facing increased competition in the lithium battery recycling industry, which may impact future profitability[4] - The company is facing risks in new product and technology development due to rapid technological changes in the lithium-ion battery industry, requiring significant investment and long validation periods[99] - The company is exposed to raw material price volatility, particularly for copper and nickel, and is implementing diversified procurement strategies to mitigate risks[100] Environmental Compliance and Safety - The company is committed to environmental compliance, having met current standards, but may face increased costs due to potential future regulatory changes[101] - The company has established a safety production management system and has a dedicated health, safety, and environmental department[141] - The company has achieved a level 3 certification in safety production standardization[142] - The company has not reported any major safety incidents during the reporting period[143] - The company has implemented an emergency response plan for sudden environmental incidents since 2018[153] Corporate Governance and Shareholder Information - The company has a diverse board of directors with members holding various professional backgrounds, including finance and engineering[191] - The company has maintained a stable leadership team with no significant changes reported in the current period[191] - The independent directors receive an annual allowance of CNY 100,000 (including tax) based on their specific tenure and regulations[199] - The company has a structured salary system for directors, supervisors, and senior management, which determines their remuneration based on their job positions and responsibilities[199] - The company has not reported any changes in its actual controllers during the reporting period[177] Financial Management and Reporting - The company implemented a new revenue recognition standard effective January 1, 2020, which has resulted in adjustments to the financial statements[115] - The company confirmed contract liabilities and other current liabilities for eligible advance payments as per the new revenue standard[116] - There were no significant accounting errors requiring retrospective restatement during the reporting period[117] - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[113] Social Responsibility - The company emphasizes social responsibility, actively participating in charitable activities and establishing scholarships at several universities[140] - The company invested CNY 7.1965 million in safety production expenses in 2020[142] - The company conducted 11 emergency drills in 2020 to enhance employees' emergency response capabilities[143]

广东光华科技股份有限公司 2020 年第三季度报告全文 广东光华科技股份有限公司 所有董事均已出席了审议本次季报的董事会会议。 公司负责人郑靭、主管会计工作负责人蔡雯及会计机构负责人(会计主管人 员)黄启秀声明：保证季度报告中财务报表的真实、准确、完整。 2 广东光华科技股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 2020 年第三季度报告 2020 年 10 月 1 广东光华科技股份有限公司 2020 年第三季度报告全文 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。 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,582,156,738.84 | 2,593,933,782.12 | | -0.45% | | 归属于上市公司股东的净资产 （元） | 1,272,441 ...

广东光华科技股份有限公司 2020 年半年度报告全文 广东光华科技股份有限公司 2020 年半年度报告 2020 年 08 月 1 广东光华科技股份有限公司 2020 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人郑靭、主管会计工作负责人蔡雯及会计机构负责人(会计主管人 员)黄启秀声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告涉及未来展望和经营计划等前瞻性陈述，属于计划性事项，不构成 公司对投资者的实质承诺。存在一定的不确定性，敬请广大投资者注意投资风 险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 2020 | 年半年度报告 1 | | --- | --- | | 第一节 | 重要提示、目录和释义 2 | | 第二节 | 公司简介和主要财务指标 6 | | 第三节 | 公司业务概要 9 | | 第四节 | 经营情况讨论与分析 12 | ...

Financial Performance - The company reported a significant increase in revenue for 2019, reaching RMB 1.2 billion, representing a year-on-year growth of 15%[12]. - The company's operating revenue for 2019 was CNY 1,713,623,496.48, representing a 12.72% increase compared to CNY 1,520,220,086.81 in 2018[17]. - The net profit attributable to shareholders of the listed company decreased by 89.97% to CNY 13,505,413.43 from CNY 134,586,198.39 in the previous year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -577,484.10, a decline of 100.49% compared to CNY 117,704,184.42 in 2018[17]. - The net cash flow from operating activities improved by 215.95% to CNY 57,686,424.87 from CNY -49,751,648.77 in 2018[17]. - The total assets at the end of 2019 were CNY 2,593,933,782.12, an increase of 4.94% from CNY 2,471,892,378.77 at the end of 2018[17]. - The net assets attributable to shareholders of the listed company decreased by 1.42% to CNY 1,250,860,873.60 from CNY 1,268,918,241.39 in 2018[17]. - The basic earnings per share dropped by 88.89% to CNY 0.04 from CNY 0.36 in the previous year[17]. - The diluted earnings per share also fell by 88.89% to CNY 0.04 from CNY 0.36 in 2018[17]. - The weighted average return on net assets decreased to 1.07% from 11.69% in the previous year, a decline of 10.62%[17]. Revenue and Market Growth - The company has set a revenue target of RMB 1.5 billion for 2020, reflecting an ambitious growth outlook of 25%[4]. - User data indicates a growing customer base, with an increase of 20% in active users compared to the previous year[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[12]. - Revenue from lithium battery materials reached CNY 239,957,552.20, showing a significant growth of 19.81% compared to CNY 200,277,983.61 in the previous year[48]. - The company’s revenue from PCB chemicals was CNY 868,276,979.92, which accounted for 50.67% of total operating revenue, with a slight increase of 1.96% year-on-year[48]. - The company’s revenue from supporting trade increased significantly by 47.96% to CNY 334,323,472.72 from CNY 225,954,834.13 in the previous year[48]. Research and Development - The company is investing in R&D for new chemical reagents, aiming for a 15% increase in product offerings by the end of 2020[12]. - The company’s R&D expenses increased compared to the previous year, driven by investments in battery cathode materials production and the development of 5G-specific chemicals[29]. - The company has established over 700 enterprise standards, with some products meeting the technical specifications of internationally renowned brands[35]. - The company is recognized as a national enterprise technology center, enhancing its research and development capabilities and innovation[35]. - The company has initiated the development of 5G electronic chemical products, focusing on the industrialization of through-hole conductive additives[43]. - The number of R&D personnel rose by 34.59% to 179, representing 18.90% of the total workforce[60]. - The company's R&D investment accounted for 4.65% of operating revenue, up from 3.62% in the previous year[60]. Sustainability and Environmental Compliance - The company emphasizes its commitment to sustainability, with plans to increase the use of recycled materials in production by 25% over the next three years[12]. - The company has made significant investments in projects aimed at the comprehensive utilization of retired power batteries, indicating a strategic focus on sustainability[29]. - The company is committed to establishing a comprehensive recycling network for used batteries, as mandated by national policies, to ensure safe disposal and recycling[94]. - The company operates under strict environmental regulations, ensuring all emissions are treated and monitored effectively[152]. - The company reported a total wastewater treatment capacity of 2,800 m³/d, utilizing the A2O process for treatment[155]. - The company has established a wastewater collection system and a pre-treatment system for nickel, ensuring that treated wastewater meets standards before entering the treatment facility[155]. Strategic Initiatives and Acquisitions - A strategic acquisition of a local competitor is in progress, expected to enhance production capacity by 40%[12]. - The company is actively pursuing partnerships with universities and research institutions to bolster its R&D capabilities and innovation[97]. - The company is focusing on expanding its market presence in the new energy sector through various construction projects[74]. - The company has ongoing projects in the lithium battery sector, with a total investment of 63,538.40 million yuan for the lithium spodumene project, currently at 92.06% completion[74]. Challenges and Risks - The company has identified potential risks in its future outlook, including market volatility and regulatory changes, which may impact growth[4]. - The company is exposed to raw material price volatility, particularly for copper and nickel, and plans to diversify procurement channels and implement hedging strategies to mitigate risks[100]. - Environmental risks are present due to potential pollution from production processes, and the company has implemented measures to comply with environmental regulations, although future regulatory changes may increase costs[103]. - The company recognizes the risks associated with dependency on government subsidies for the new energy vehicle market and is focusing on technology development to mitigate these risks[99]. Corporate Governance and Compliance - The company is committed to maintaining transparency and protecting the interests of minority shareholders[119]. - The company is currently in compliance with all commitments made during the IPO and refinancing processes[113]. - The company has not reported any significant changes in its financial performance or forecasts during the reporting period[117]. - The company has established a stable and efficient workforce but faces challenges in attracting high-level talent to support its rapid growth, which is critical for sustainable development[102]. Shareholder and Capital Management - The company has not proposed a cash dividend distribution plan for 2019 despite being profitable, citing the impact of the COVID-19 pandemic on future operations and the need to retain earnings for operational stability[111]. - The company will continue to focus on cash dividends as a means of returning value to investors while balancing long-term growth strategies[111]. - The company has issued a total of 24,930 million RMB in convertible bonds, with a maturity of 6 years, approved by the China Securities Regulatory Commission[161]. - The coupon rate for the first year of the convertible bonds is 0.50%, with a total interest payment of 5.00 RMB for every 10 bonds[164]. Community Engagement and Social Responsibility - The company emphasizes its commitment to social responsibility, focusing on employee rights, supplier and customer relationships, and community engagement[148][149]. - In 2019, the company participated in various charitable activities, including employee assistance and scholarship programs at several universities[149].

广东光华科技股份有限公司 2020 年第一季度报告全文 广东光华科技股份有限公司 2020 年第一季度报告 2020 年 04 月 1 广东光华科技股份有限公司 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。 公司负责人郑靭、主管会计工作负责人蔡雯及会计机构负责人(会计主管人 员)黄启秀声明：保证季度报告中财务报表的真实、准确、完整。 2 广东光华科技股份有限公司 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 292,836,506.13 | 390,622,921.02 | -25.03% | | 归属于上市公司股东的净利润（元） | -13,540,987.98 | 14,410, ...

广东光华科技股份有限公司 2020 年第一季度报告全文 广东光华科技股份有限公司 2020 年第一季度报告 2020 年 04 月 1 广东光华科技股份有限公司 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。 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 292,836,506.13 | 390,622,921.02 | -25.03% | | 归属于上市公司股东的净利润（元） | -13,540,987.98 | 14,410,159.36 | -193.97% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | -15,649,296.62 | 7,000,783.31 | -323.54% | | 经营活动产生的现金流量净额（元） | 19,045,162.50 | 7,643,409.57 | 14 ...