Financial Performance - In 2022, Asymchem Laboratories achieved revenue of approximately RMB 10,230,186 thousand, an increase of 120.9% compared to RMB 4,632,121 thousand in the previous year[8]. - Gross profit for the year was approximately RMB 4,832,588 thousand, up 135.8% from RMB 2,049,725 thousand in 2021[8]. - Net profit attributable to shareholders was approximately RMB 3,301,635 thousand, representing a 208.8% increase from RMB 1,069,274 thousand in the prior year[8]. - Adjusted net profit attributable to shareholders, excluding IFRS adjustments, was approximately RMB 2,998,806 thousand, a 167.0% increase from RMB 1,122,997 thousand in 2021[8]. - Revenue increased significantly from RMB 1,822,787 thousand in 2018 to RMB 10,230,186 thousand in 2022, representing a compound annual growth rate (CAGR) of approximately 46.5%[9]. - Net profit attributable to shareholders rose from RMB 428,202 thousand in 2018 to RMB 3,301,635 thousand in 2022, reflecting a CAGR of about 56.5%[9]. - Gross profit margin improved from 46.0% in 2018 to 47.2% in 2022, indicating enhanced operational efficiency[9]. - The total assets increased from RMB 3,188,076 thousand in 2018 to RMB 18,239,273 thousand in 2022, showcasing robust growth in the company's asset base[9]. - The company achieved total revenue of RMB 10.23 billion in 2022, representing a year-on-year growth of 120.9%[31]. - The small molecule CDMO business generated revenue of RMB 9.23 billion, up 118.1% year-on-year, while emerging services revenue reached RMB 993 million, growing by 150.3%[31]. - Revenue from overseas markets amounted to RMB 8.67 billion, reflecting a year-on-year increase of 117.2%, with the Americas growing by 112.7% and the Asia-Pacific region (excluding China) increasing by 169.9%[35]. - The company's net profit attributable to shareholders reached RMB 3.30 billion, a significant increase of 208.8%, with a net profit margin of 32.3%[36]. - The gross profit margin improved to 47.2%, up 3.0 percentage points from 2021, driven by economies of scale and high capacity utilization[36]. Business Growth and Strategy - The company reported a significant growth in emerging business revenue, reaching nearly RMB 1 billion in 2022, a year-on-year increase of about 150%[6]. - Asymchem's strategic planning continues to evolve, focusing on technology-driven growth and exploring new business models to enhance revenue contributions[7]. - The company aims to maintain its leading position in small molecule CDMO while injecting new growth engines through emerging business developments[7]. - The company has achieved over 33% application rate of continuous reaction technology and biocatalysis technology in late-stage clinical projects[15]. - The company has expanded its small molecule CDMO service capabilities to include new drug categories such as peptides, oligonucleotides, monoclonal antibodies (mAb), antibody-drug conjugates (ADC), and mRNA[20]. - The company has established a comprehensive biocatalysis technology platform with over 2,400 enzymes in its library, 40% of which are proprietary intellectual property[21]. - The company’s fermentation production capacity reaches 10,000L per week, providing high-quality production capabilities from milligrams to tons[21]. - The company has provided process development and production services to over 800 global clients since 2016, including several blockbuster drugs with sales exceeding $1 billion[23]. - The company has established strong partnerships with 15 of the top 20 global pharmaceutical companies, maintaining long-term collaborations with eight of them for over ten years[28]. - The company is expanding its CDMO capabilities into new business areas such as peptides, oligonucleotides, and biologics, enhancing its service offerings[25]. Research and Development - The company invested RMB 708.9 million in R&D, marking an 83.0% increase and accounting for 6.9% of total revenue[68]. - The company has a workforce of over 4,656 scientists and engineers, supporting its advanced R&D platform and driving technological innovation[26]. - The company has achieved a 100% pass rate in 35 official audits by major regulatory agencies since 2011, including FDA and NMPA[27]. - The company has developed a comprehensive operational system that meets the highest global industry standards in R&D, production, quality control, and project management[27]. - The company is committed to enhancing its strategic decision-making through expert advisory committees, including the BSA and BDSA, to drive technological advancement and market expansion[30]. Market Trends and Projections - The global pharmaceutical R&D investment is projected to grow from USD 243.7 billion in 2022 to USD 328.8 billion by 2026, with a CAGR of approximately 7.8%[10]. - The outsourcing ratio of pharmaceutical R&D investment in China is expected to rise from 42.6% in 2022 to 52.2% by 2026, indicating a growing trend in outsourcing services[11]. - The number of pharmaceutical R&D companies in China surged by 43.3% from 522 in 2021 to 792 in 2022, reflecting a shift towards innovation[12]. - The global CDMO market for pharmaceutical R&D services is anticipated to grow from RMB 131.2 billion in 2022 to RMB 336.8 billion by 2026, with a CAGR of approximately 26.6%[13]. Corporate Governance and Leadership - The board consists of nine members, including four executive directors, two non-executive directors, and three independent non-executive directors[115]. - The company has a strong leadership team with extensive experience in various sectors, enhancing its strategic direction and operational efficiency[116][117][118][119][120]. - The board's composition reflects a balance of executive and independent oversight, ensuring robust governance practices[115]. - The company emphasizes the importance of good corporate governance for enhancing management and protecting overall shareholder interests[200]. - The board believes that the company has complied with the relevant provisions of the corporate governance code during the reporting period, except for clause C.2.1[200]. Sustainability and Compliance - The company is committed to sustainable development by creating low-energy, low-emission, and high-efficiency operational models[15]. - The company emphasizes the importance of environmental policies and has implemented measures to reduce energy consumption and waste[146]. - The company is committed to compliance with environmental, social, and governance regulations, with details to be disclosed in future reports[146]. - The company has not identified any significant non-compliance issues with relevant laws and regulations[146]. Future Outlook - The company has outlined a positive future outlook, projecting a revenue growth of 10-15% for the upcoming fiscal year[123]. - The company aims to deepen relationships with large clients while actively expanding its presence in the European and Japanese markets, focusing on cost control and efficiency improvements in 2023[106]. - The company plans to enhance its small molecule CDMO business and accelerate the development of strategic emerging businesses, leveraging a robust operational management system[106]. - The company is committed to enhancing clinical research services, aiming to establish a strong industry reputation and increase the number of clinical research service orders[110].

证券代码：002821 证券简称：凯莱英 公告编号：2023-023 凯莱英医药集团（天津）股份有限公司 出席本次说明会的人员有：公司董事长、首席执行官HAO HONG，董事、首席 财务官张达，高级副总裁兼董事会秘书徐向科，独立董事王青松（具体参会人员 以实际出席为准）。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于2023年4月 20日（星期四）15：00前访问 https://ir.p5w.net/zj/，或扫描下方二维码， 进入问题征集专题页面。在信息披露允许的范围内，公司将在本次说明会上对投 资者普遍关注的问题进行回答。 欢迎广大投资者积极参与本次网上业绩说明会。 特此公告。 关于举办 2022 年度网上业绩说明会的公告 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。 凯莱英医药集团（天津）股份有限公司（以下简称"公司"）于2023年3月31 日 披 露 了 2022 年 年 度 报 告 全 文 及 摘 要 ， 相 关 内 容 详 见 巨 潮 资 讯 网 （http ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或倚賴該 等內容而引致的任何損失承擔任何責任。 Asymchem Laboratories (Tianjin) Co., Ltd. 凱萊英醫藥集團（天津）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6821） 截至2022年12月31日止年度之年度業績公告 凱萊英醫藥集團（天津）股份有限公司（「本公司」、「公司」、「凱萊英」）董事（「董 事」）會（「董事會」）欣然公布本公司及其附屬公司（統稱「本集團」、「我們」）截至 2022年12月31日止年度（「報告期」）的經審計綜合年度業績，連同截至2021年12 月31日止年度（「同期」）之比較數字。本集團於報告期間的綜合財務報表已由審核 委員會審閱及由本公司核數師安永會計師事務所審核。除非本公告另有界定，否 則本公告所用詞彙與本公司日期為2021年11月30日的招股章程（「招股章程」）所 界定者具有相同涵義。 本公告所載若干金額及百分比數字已作四捨五入調整，或約整至小數點後一位或 兩位 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB in 2022, representing a year-over-year growth of 25%[8]. - The company's operating revenue for 2022 reached ¥10,255,325,392.82, representing a 121.08% increase compared to ¥4,638,834,177.53 in 2021[14]. - The net profit attributable to shareholders for 2022 was ¥3,301,635,019.64, a significant increase of 208.77% from ¥1,069,273,577.50 in the previous year[14]. - The basic earnings per share for 2022 was ¥9.02, an increase of 186.35% compared to ¥3.15 in 2021[14]. - The company has set a revenue guidance of 1.8 billion RMB for the next fiscal year, reflecting a growth target of 20%[8]. - The gross margin improved to 45%, up from 40% in the previous year, due to enhanced operational efficiencies[8]. - The company reported a total cash dividend of RMB 1,456,119,192.54, which includes RMB 656,437,642.20 in cash dividends and RMB 799,681,550.34 from other methods such as share repurchase[153]. Research and Development - The R&D investment for new products and technologies reached 200 million RMB, accounting for 13% of total revenue, indicating a strong focus on innovation[8]. - The number of new drug applications submitted to regulatory authorities increased by 30%, reflecting the company's commitment to innovation and development[7]. - The company aims to launch three new innovative drugs in the next fiscal year, with expected sales of over 500 million RMB[7]. - The company has established a world-class R&D platform with over 4,656 scientists and engineers, focusing on continuous production and enzyme engineering technologies, which are critical for maintaining its competitive edge in the CDMO industry[32]. - The company is focused on expanding its clinical research services and aims to enhance the synergy between clinical CRO services and CDMO services[106]. - The company is actively involved in the development of new pharmaceutical technologies and processes, leveraging over 20 years of experience in the industry[136]. Market Expansion and Strategy - The company plans to expand its market presence in Europe and North America, targeting a 15% increase in market share over the next three years[8]. - The company is targeting increased penetration in the Japanese market and aims to achieve greater breakthroughs in the European market through new technologies[102]. - The company aims to deepen relationships with large clients and expand its market presence in Europe and Japan while focusing on cost control and efficiency improvements in 2023[101]. - The company is committed to optimizing management methods to improve R&D efficiency and reduce production costs, with a focus on early project development[103]. - The company is exploring potential acquisitions to enhance its capabilities in biologics, with a budget of 300 million RMB allocated for this purpose[8]. Operational Efficiency - The company aims to reduce production costs and improve efficiency through continuous process optimization during the commercialization phase[25]. - The company has developed a comprehensive operational system that meets the highest global industry standards, ensuring efficient project management and quality control throughout the drug development lifecycle[33]. - The company has implemented a new operational strategy focused on sustainability, aiming to reduce production waste by 40% over the next three years[132]. - The company has established a competitive compensation system to attract and retain high-quality employees, which includes basic salary, performance bonuses, and other benefits[151]. Corporate Governance - The company maintains independence from its controlling shareholder, ensuring no interference in decision-making or operational activities[112]. - The company has a clear performance evaluation and incentive mechanism to enhance work motivation and achieve operational goals[114]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate communication with investors[114]. - The company has established a performance evaluation system for senior management, linking compensation to the achievement of annual performance targets[158]. Environmental Compliance - Kailaiying Pharmaceutical Group strictly adheres to various environmental protection laws and regulations, ensuring compliance in its production operations[165]. - The company has established comprehensive waste treatment facilities, ensuring stable operation in accordance with national and local standards[166]. - The company has implemented new technologies to monitor and control emissions more effectively[175]. - The company has achieved compliance with national environmental standards, significantly reducing emissions of pollutants such as VOCs and COD[180]. Talent Development - The company has established the "Kailaiying Learning Center" to enhance employee training and development, focusing on cultivating elite talents in the CDMO sector[152]. - The company has a dual career development pathway for employees, allowing for both management and technical career advancements[152]. - The company emphasizes a people-oriented approach to human resource management, establishing mechanisms for talent selection, evaluation, and incentives to enhance sustainable development capabilities[108]. Risk Management - The company faces several risks, including the potential withdrawal or large-scale recall of major innovative drugs, operational risks in clinical projects, and risks related to the lifecycle replacement of key innovative drugs[2]. - The company has not reported any significant changes in the feasibility of its projects[92]. - The company did not identify any major risks or issues during its self-inspection of corporate governance and internal controls[164].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或倚賴該 等內容而引致的任何損失承擔任何責任。 Asymchem Laboratories (Tianjin) Co., Ltd. 凱萊英醫藥集團（天津）股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6821） 截至2022年12月31日止年度之年度業績公告 凱萊英醫藥集團（天津）股份有限公司（「本公司」、「公司」、「凱萊英」）董事（「董 事」）會（「董事會」）欣然公布本公司及其附屬公司（統稱「本集團」、「我們」）截至 2022年12月31日止年度（「報告期」）的經審計綜合年度業績，連同截至2021年12 月31日止年度（「同期」）之比較數字。本集團於報告期間的綜合財務報表已由審核 委員會審閱及由本公司核數師安永會計師事務所審核。除非本公告另有界定，否 則本公告所用詞彙與本公司日期為2021年11月30日的招股章程（「招股章程」）所 界定者具有相同涵義。 本公告所載若干金額及百分比數字已作四捨五入調整，或約整至小數點後一位或 兩位 ...

Financial Performance - The company's operating revenue for Q3 2022 reached RMB 2,770,325,079.67, representing a year-on-year increase of 138.25%[3] - Net profit attributable to shareholders for the same period was RMB 980,842,290.83, reflecting a significant increase of 269.40% compared to the previous year[3] - Basic earnings per share for Q3 2022 was RMB 2.58, up 134.55% year-on-year[3] - The company's operating revenue for the nine months ended September 30, 2022, was approximately $7.81 billion, representing a 167.25% increase compared to $2.92 billion for the same period in 2021[7] - The net profit for the nine months ended September 30, 2022, reached approximately $2.72 billion, a significant increase of 291.58% from $694.84 million in the previous year[8] - The company reported a net profit of RMB 994,018,270.14 for the current period, compared to a net loss of RMB 9,132,780.47 in the previous period[58] Assets and Liabilities - The total assets as of September 30, 2022, amounted to RMB 18,064,644,374.12, an increase of 19.19% from the end of the previous year[3] - The company's equity attributable to shareholders increased to RMB 15,062,075,186.72, a rise of 19.45% compared to the end of the previous year[3] - The total liabilities as of September 30, 2022, were RMB 2,589,270,696.37, up from RMB 2,204,806,672.76 at the start of the year, marking an increase of around 17.5%[18] - The company's total liabilities as of September 30, 2022, were RMB 3,002,569,187.40, compared to RMB 2,546,285,945.92 at the beginning of the year, representing an increase of approximately 17.9%[56] Cash Flow - Cash flow from operating activities for the year-to-date reached RMB 2,838,696,966.39, a substantial increase of 721.77%[3] - The net cash flow from operating activities for the year-to-date period was RMB 2,838,696,966.39, showing a remarkable growth of 721.77% compared to the previous year[40] - Cash inflow from operating activities generated ¥8,285,829,337.96, compared to ¥2,898,470,429.50 in the previous period, demonstrating improved cash generation[30] - Cash received from sales increased by 185.87% to approximately ¥8.29 billion compared to ¥2.90 billion in the same period last year, primarily due to increased operating income[46] Expenses - Research and development expenses increased by 71.93% to approximately $442.20 million, reflecting the company's commitment to technology-driven development[8] - The company reported a 403.49% increase in income tax expenses, amounting to approximately $400.74 million, driven by higher income and profit levels[8] - The company reported a substantial increase in financial expenses, with a change of 18,568.64%, primarily due to foreign exchange fluctuations affecting foreign currency assets[8] - Total operating costs amounted to ¥4,730,658,861.66, up from ¥2,257,068,855.39 in the previous period, reflecting a growth in expenses[21] Shareholder Returns - The company plans to distribute a cash dividend of RMB 8.00 per 10 shares, along with a capital reserve conversion of 4 additional shares for every 10 shares held[14] - The company repurchased a total of 3,425,263 shares, accounting for 1.0003% of the company's A shares, with a total repurchase fund of no less than RMB 400 million and not exceeding RMB 800 million[15] Market Expansion and Strategy - The company expanded its sales channels in domestic, Japan, and the U.S. markets, leading to a 50.17% increase in sales expenses to approximately $96.27 million[7] - The company plans to continue investing in R&D and expanding its market presence, focusing on emerging business areas and new product development[8]

Financial Performance - Revenue for the six months ended June 30, 2022, reached RMB 5,034,065 thousand, representing a 186.7% increase compared to RMB 1,755,569 thousand for the same period in 2021[14]. - Gross profit for the same period was RMB 2,363,225 thousand, up 200.9% from RMB 785,387 thousand year-over-year[14]. - Net profit attributable to shareholders for the six months ended June 30, 2022, was RMB 1,740,095 thousand, a significant increase of 305.3% from RMB 429,327 thousand in the prior year[14]. - The adjusted net profit attributable to shareholders, based on non-IFRS measures, was RMB 1,537,478 thousand, reflecting a 244.8% increase from RMB 445,943 thousand in the previous year[14]. - Basic earnings per share for the period was RMB 4.75, a 274.0% increase compared to RMB 1.27 for the same period in 2021[14]. - The gross margin improved to 46.9% from 44.7% year-over-year[14]. - The net profit margin attributable to shareholders increased to 34.6% from 24.5% in the prior year[14]. Market Position and Strategy - The company is the fifth largest innovative drug API CDMO globally and the largest commercial stage chemical drug CDMO in China, according to Frost & Sullivan's 2020 revenue statistics[21]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[13]. - Asymchem Laboratories continues to explore strategic partnerships and potential acquisitions to drive growth and innovation in the biopharmaceutical sector[13]. - Future outlook remains positive with expectations for continued revenue growth and improved profitability driven by increased demand for CDMO services[13]. - The company aims to expand its CDMO capabilities into new business areas, including large molecule CDMO, formulation, and clinical CRO services[24]. Operational Highlights - The company has established a research and production center for antibodies and ADC drugs in Shanghai, and a plasmid and mRNA business R&D base in Suzhou to meet the growing demand from domestic and international clients[25]. - The company has a production capacity of 10,000L/week for enzyme fermentation, with capabilities for high-quality production from milligram to ton scale[25]. - The company completed 34 commercial stage projects and 220 clinical stage projects during the reporting period, with 48 in clinical phase III[38]. - The company has developed over 2,400 enzymes, with 40% of them having proprietary IP, and has launched 15 enzyme reagent kits for rapid target enzyme screening[25]. - The company has established a synthetic biology technology R&D center since 2021, developing nearly 2,400 engineered enzymes and holding over 800 IPs across more than 20 categories[53]. Research and Development - R&D investment for the first half of 2022 reached RMB 263 million, a year-on-year increase of 60.67%, positioning the company among industry leaders[56]. - The newly created high-throughput screening and engineering modification technology platform aims to enhance the foundational capabilities in synthetic biology[59]. - The company is committed to continuous technological innovation and aims to develop internationally leading patented technologies for commercial production[126]. - The company is focusing on developing advanced drug delivery technologies to improve drug efficacy and reduce costs, addressing key industry challenges[59]. Financial Position and Cash Flow - The total equity attributable to shareholders was approximately RMB 14,586.17 million as of June 30, 2022, compared to RMB 6,287.10 million as of June 30, 2021[117]. - Cash and bank balances decreased by 7.5% from RMB 6,234.5 million as of December 31, 2021, to RMB 5,764.8 million as of June 30, 2022, primarily due to idle funds being used to purchase financial assets at fair value through profit or loss[106]. - Net cash flow from operating activities was RMB 631.78 million, an increase attributed to revenue growth, despite increased material ordering costs and timing differences in revenue recognition[116]. - Net cash flow used in investing activities was RMB 3,235.04 million, an increase of RMB 1,252.54 million, mainly due to capacity expansion, new technology investments, and the purchase of principal-protected short-term bank financial products[116]. Talent and Governance - The company has a workforce of 8,931 employees, with over 4,200 in R&D and analysis roles, and has recruited 110 senior talents in the first half of 2022[69]. - The management team has an average of 20 years of industry experience, emphasizing the company's strong leadership and commitment to talent development[78]. - The company is committed to enhancing its talent strategy and optimizing its organizational structure to improve operational efficiency and employee development[133]. - The company has adopted the corporate governance code and has complied with its principles throughout the reporting period, except for the separation of the roles of Chairman and CEO[177]. Risks and Challenges - The company has identified potential risks, including the risk of major innovative drugs being withdrawn from the market or recalled, and operational risks associated with clinical stage projects[134]. - The company has not recommended the payment of an interim dividend for the six months ended June 30, 2022[135].

[Important Notice](index=2&type=section&id=Important%20Notice) This section confirms the accuracy and completeness of the quarterly report, with assurances from the board, supervisors, and senior management, and notes that the report is unaudited - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false records, misleading statements, or major omissions[4](index=4&type=chunk) - The company's responsible person, the person in charge of accounting work, and the head of the accounting department declare that the financial information in the quarterly report is true, accurate, and complete[4](index=4&type=chunk) - This first quarterly report for the current period is unaudited[4](index=4&type=chunk) [Key Financial Data](index=2&type=section&id=Key%20Financial%20Data) This section provides an overview of the company's financial performance and position, highlighting significant growth in revenue and net profit, along with changes in key financial indicators and their underlying reasons [Key Accounting Data and Financial Indicators](index=2&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2022, Asymchem Laboratories achieved significant financial growth, with substantial increases in operating revenue and net profit attributable to shareholders, alongside improved EPS and ROE Key Accounting Data and Financial Indicators | Indicator | Current Period (RMB) | Prior Year Period (RMB) | Change from Prior Year Period (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 2,061,708,856.14 | 777,189,276.45 | 165.28% | | Net Profit Attributable to Shareholders of the Listed Company | 499,398,084.81 | 154,330,479.55 | 223.59% | | Net Profit Attributable to Shareholders of the Listed Company After Deducting Non-recurring Gains and Losses | 486,390,519.38 | 129,442,396.10 | 275.76% | | Net Cash Flow from Operating Activities | 204,607,061.83 | 100,659,080.60 | 103.27% | | Basic Earnings Per Share (RMB / share) | 1.91 | 0.64 | 198.44% | | Diluted Earnings Per Share (RMB / share) | 1.90 | 0.64 | 196.88% | | Weighted Average Return on Net Assets | 3.88% | 2.14% | 1.74% | Key Financial Position Indicators | Indicator | End of Current Reporting Period (RMB) | End of Prior Year (RMB) | Change from End of Prior Year (%) | | :--- | :--- | :--- | :--- | | Total Assets | 16,389,663,097.90 | 15,156,297,270.34 | 8.14% | | Total Equity Attributable to Shareholders of the Listed Company | 13,514,177,861.13 | 12,610,011,324.42 | 7.17% | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Non-recurring gains and losses for the current period primarily stemmed from government grants and fair value changes of financial assets, totaling 13,007,565.43 RMB Non-recurring Gains and Losses | Item | Amount for Current Period (RMB) | | :--- | :--- | | Government grants recognized in current profit or loss | 8,038,406.63 | | Gains and losses from changes in fair value of financial assets held for trading, financial liabilities held for trading, and investment income from disposal of financial assets held for trading, financial liabilities held for trading, and available-for-sale financial assets, excluding effective hedge accounting related to normal business operations | 10,284,400.30 | | Other non-operating income and expenses apart from the above | -3,009,096.40 | | Less: Income tax impact | 2,306,145.10 | | Total | 13,007,565.43 | [Changes and Reasons for Key Accounting Data and Financial Indicators](index=3&type=section&id=Changes%20and%20Reasons%20for%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company's strong Q1 2022 revenue and net profit growth were driven by its "dual-driver" strategy, rapid development of small molecule and emerging businesses, and full capacity utilization, with balance sheet and cash flow items also significantly impacted by business expansion and investment activities - In Q1 2022, the company's total operating revenue was **2.062 billion RMB**, a **165.28% year-on-year increase**, or **171.64%** excluding exchange rate fluctuations[8](index=8&type=chunk) - Net profit attributable to shareholders was **499 million RMB**, a **223.59% year-on-year increase**, with adjusted net profit attributable to shareholders growing by **252.42%**[8](index=8&type=chunk) - Strong revenue growth was attributed to the effective "dual-driver" strategy, with small molecule business growing **165.9%** and emerging businesses by **157.4%**, while chemical macromolecule, biological macromolecule, formulation, and clinical CRO revenues all increased by over **100%**[9](index=9&type=chunk) - Operating costs increased by **154.23%** concurrently, with gross margin showing an upward trend due to the company's full capacity utilization[9](index=9&type=chunk) - Administrative expenses increased by **65.28%**, mainly due to increased headcount, salaries, and equity incentive expenses[9](index=9&type=chunk) - R&D expenses increased by **56.86%**, primarily due to continuous investment in R&D and the development of technology innovation platforms[9](index=9&type=chunk)[10](index=10&type=chunk) - Financial expenses increased by **775.43%**, mainly due to exchange losses from currency fluctuations[10](index=10&type=chunk) - Investment income increased by **13369.67%**, primarily from investment gains generated by the company's associate companies[10](index=10&type=chunk) - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by **173.40%**, mainly due to increased orders, capacity expansion, and greater investment in plants and equipment[10](index=10&type=chunk) - Cash paid for investments increased by **7228.81%**, primarily due to the purchase of wealth management products during the period[10](index=10&type=chunk) - Cash received from investments increased by **1369.86%**, mainly due to the completion of H-share over-allotment proceeds during the period[10](index=10&type=chunk) [Shareholder Information](index=4&type=section&id=Shareholder%20Information) This section details the company's shareholder structure, including the total number of common shareholders and the holdings of the top ten shareholders at the end of the reporting period [Total Number of Common Shareholders and Top Ten Shareholders' Holdings](index=4&type=section&id=Total%20Number%20of%20Common%20Shareholders%20and%20Top%20Ten%20Shareholders%27%20Holdings) As of the end of the reporting period, the company had 26,675 common shareholders, with ASYMCHEM LABORATORIES, INCORPORATED being the largest shareholder at 33.48%, and HKSCC NOMINEES LIMITED holding 7.45% as an overseas legal entity - Total number of common shareholders at the end of the reporting period: **26,675**[11](index=11&type=chunk) Top Ten Common Shareholders | Shareholder Name | Shareholder Nature | Shareholding Percentage (%) | Number of Shares Held | | :--- | :--- | :--- | :--- | | ASYMCHEM LABORATORIES, INCORPORATED | Overseas Legal Entity | 33.48% | 88,510,520 | | HKSCC NOMINEES LIMITED | Overseas Legal Entity | 7.45% | 19,680,900 | | Industrial and Commercial Bank of China Co., Ltd. - China Universal Medical & Healthcare Mixed Securities Investment Fund | Domestic Non-State-Owned Legal Entity | 4.53% | 11,987,613 | | Hong Kong Securities Clearing Company Limited | Overseas Legal Entity | 4.40% | 11,643,631 | | HAO HONG | Overseas Natural Person | 3.86% | 10,191,928 | | Tianjin Guorong Business Information Consulting Co., Ltd. | Domestic Non-State-Owned Legal Entity | 1.79% | 4,743,360 | | China Construction Bank Co., Ltd. - ICBC Credit Suisse Frontier Medical Stock Investment Fund | Domestic Non-State-Owned Legal Entity | 1.74% | 4,603,000 | | Bank of China Co., Ltd. - GF Medical & Healthcare Stock Investment Fund | Domestic Non-State-Owned Legal Entity | 1.27% | 3,349,025 | | Industrial and Commercial Bank of China Co., Ltd. - China Universal Medical Innovation Stock Investment Fund | Domestic Natural Person | 1.08% | 2,847,299 | | Bank of China Co., Ltd. - China Merchants Guozheng Biomedical Index Graded Securities Investment Fund | Domestic Non-State-Owned Legal Entity | 0.94% | 2,472,607 | - Mr. HAO HONG is the controlling shareholder and actual controller of ASYMCHEM LABORATORIES, INCORPORATED, and has an associated relationship with ASYMCHEM LABORATORIES, INCORPORATED[13](index=13&type=chunk) [Total Number of Preferred Shareholders and Top 10 Preferred Shareholders' Holdings](index=5&type=section&id=Total%20Number%20of%20Preferred%20Shareholders%20and%20Top%2010%20Preferred%20Shareholders%27%20Holdings) The company has no preferred shareholders - The company has no preferred shareholders[13](index=13&type=chunk) [Other Important Matters](index=5&type=section&id=Other%20Important%20Matters) This section outlines significant corporate events, including the listing of H-shares on the Hong Kong Stock Exchange and the subsequent exercise of the over-allotment option - The company's 18,415,400 H-shares were listed and traded on the Main Board of The Stock Exchange of Hong Kong Limited on December 10, 2021[14](index=14&type=chunk) - The company partially exercised its over-allotment option on January 2, 2022, involving a total of 1,265,500 H-shares, which were listed on the Main Board of the Hong Kong Stock Exchange on January 5, 2022[14](index=14&type=chunk) - Following the completion of this over-allotment, the company's total A+H share capital is **264,342,018 shares**[14](index=14&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=Quarterly%20Financial%20Statements) This section presents the consolidated balance sheet, income statement, and cash flow statement for Asymchem Laboratories for Q1 2022, providing a comprehensive view of its financial position, operating results, and cash flows [Financial Statements](index=6&type=section&id=Financial%20Statements) This section presents the detailed consolidated financial statements for Q1 2022, including the balance sheet, income statement, and cash flow statement [Consolidated Balance Sheet](index=6&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2022, the company's total assets reached **16.39 billion RMB**, an **8.14% increase** from the beginning of the year, primarily due to increases in financial assets held for trading, prepayments, and fixed assets, with total liabilities and owner's equity also growing Consolidated Balance Sheet | Item | End of Period (RMB) | Beginning of Year (RMB) | | :--- | :--- | :--- | | Cash and Cash Equivalents | 5,642,739,406.29 | 6,234,457,167.58 | | Financial Assets Held for Trading | 887,856,000.00 | 401,198,333.33 | | Accounts Receivable | 2,051,597,484.61 | 1,816,200,714.43 | | Inventories | 1,707,564,369.77 | 1,396,115,127.88 | | Total Current Assets | 11,060,432,081.38 | 10,310,396,863.27 | | Fixed Assets | 2,613,729,469.76 | 2,243,835,516.94 | | Construction in Progress | 1,092,914,694.49 | 1,047,257,690.87 | | Total Assets | 16,389,663,097.90 | 15,156,297,270.34 | | Accounts Payable | 858,848,577.04 | 551,866,159.80 | | Total Current Liabilities | 2,491,414,488.95 | 2,204,806,672.76 | | Total Liabilities | 2,875,485,236.77 | 2,546,285,945.92 | | Total Equity Attributable to Owners of the Parent Company | 13,514,177,861.13 | 12,610,011,324.42 | | Total Liabilities and Equity | 16,389,663,097.90 | 15,156,297,270.34 | [Consolidated Income Statement](index=8&type=section&id=Consolidated%20Income%20Statement) In Q1 2022, the company's total operating revenue increased by **165.28%** to **2.062 billion RMB**, and net profit grew by **223.59%** to **499 million RMB**, driven by strong business growth and effective cost and expense control Consolidated Income Statement | Item | Current Period (RMB) | Prior Period (RMB) | | :--- | :--- | :--- | | Total Operating Revenue | 2,061,708,856.14 | 777,189,276.45 | | Operating Cost | 1,128,892,034.57 | 444,047,380.18 | | Taxes and Surcharges | 9,815,688.11 | 7,375,051.12 | | Selling Expenses | 20,540,724.40 | 19,141,479.12 | | Administrative Expenses | 162,978,091.37 | 98,610,120.31 | | Research and Development Expenses | 130,883,695.56 | 83,440,733.89 | | Financial Expenses | 48,368,735.63 | -7,161,138.84 | | Investment Income | 11,660,530.17 | -87,873.58 | | Operating Profit | 570,097,662.75 | 165,152,871.37 | | Total Profit | 567,088,566.35 | 165,290,678.28 | | Income Tax Expense | 67,690,481.54 | 10,961,374.16 | | Net Profit | 499,398,084.81 | 154,329,304.12 | | Net Profit Attributable to Owners of the Parent Company | 499,398,084.81 | 154,330,479.55 | | Basic Earnings Per Share | 1.91 | 0.64 | | Diluted Earnings Per Share | 1.90 | 0.64 | [Consolidated Cash Flow Statement](index=10&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2022, net cash flow from operating activities increased by **103.27%** to **205 million RMB**, mainly due to increased sales collections; cash outflow from investing activities significantly rose due to wealth management product purchases and capacity expansion; and cash inflow from financing activities increased significantly due to H-share over-allotment proceeds Consolidated Cash Flow Statement | Item | Current Period (RMB) | Prior Period (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 204,607,061.83 | 100,659,080.60 | | Net Cash Flow from Investing Activities | -1,131,790,662.67 | -239,398,407.60 | | Net Cash Flow from Financing Activities | 383,841,586.32 | 10,625,287.78 | | Effect of Exchange Rate Changes on Cash and Cash Equivalents | -48,375,746.77 | -3,147,007.99 | | Net Increase in Cash and Cash Equivalents | -591,717,761.29 | -131,261,047.21 | | Cash and Cash Equivalents at End of Period | 5,642,739,406.29 | 1,990,297,803.19 | - Cash received from sales of goods and rendering of services increased by **102.89%** year-on-year, indicating improved collections[10](index=10&type=chunk) - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by **173.40%** year-on-year, primarily due to capacity expansion and increased investment in plants and equipment[10](index=10&type=chunk) - Cash paid for investments increased by **7228.81%** year-on-year, mainly due to the purchase of wealth management products[10](index=10&type=chunk) - Cash received from investments increased by **1369.86%** year-on-year, primarily due to the completion of H-share over-allotment proceeds[10](index=10&type=chunk) [Audit Report](index=12&type=section&id=Audit%20Report) This section explicitly states that Asymchem Laboratories' Q1 2022 report is unaudited - The company's first quarterly report is unaudited[24](index=24&type=chunk)