证券代码：002827 证券简称：高争民爆 公告编号：2023- 015 西藏高争民爆股份有限公司 关于举行 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内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 西藏高争民爆股份有限公司（以下简称"公司"）已于2023年04月21日在巨潮资讯 网（http://www.cninfo.com.cn/）上披露了《2022年年度报告》。 为便于广大投资者进一步了解公司2022年年度经营情况，公司定于2023年05月05 日（星期五）下午15:00至17:00时在"约调研"小程序举行2022年度网上业绩说明会。 本次网上业绩说明会将采用网络远程的方式举行，投资者可登陆"约调研"小程序参 与互动交流。为广泛听取投资者的意见和建议，提前向投资者征集问题，提问通道自 发出公告之日起开放。 参与方式一：在微信小程序中搜索"约调研"； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"约调研"小程序，即可参与交流。 出席本次网上说明会的人员有：董事长、董事会秘书、财务总监、独立董事。 敬请广大投资者积极参与。 特此公告。 西藏高争民 ...

Group 1: Company Performance and Market Position - The company's gross margin for civil explosives is slightly higher than that of similar market products [4] - Recent performance has seen a decline due to the opening of the civil explosive market in Tibet, prompting management to adjust future strategic plans [4] - The company currently has no significant improvement in performance from the Belt and Road Initiative [4] Group 2: Market Development and Strategy - The company is actively expanding its civil explosive market in the region and has signed a framework agreement with China Railway Material Group [5] - Future development will focus on integrated blasting services [5] - The company has established sales outlets in various cities within the Tibet Autonomous Region [8] Group 3: Competition and Risks - The main competitors in the Tibetan civil explosive market include Yuteng Sales Company and Zhongjin Xinlian Blasting Company [11] - The company faces market risks primarily due to changes in industry policies [6] - The competitive advantages include a comprehensive service system and a strong marketing network [9] Group 4: Future Outlook and Projects - The company is preparing for the supply of explosives for the Sichuan-Tibet Railway project, with expected demand greater than previous projects [7] - The company remains optimistic about future growth due to ongoing infrastructure development in Tibet [13] - The company has no current export markets or overseas sales [7] Group 5: Talent and R&D - The company currently lacks R&D investment but plans to enhance talent resources and develop independent technology [6] - Recruitment focuses on practical skills and adaptability [12] - The company has not implemented any equity incentive plans [7]

证券代码：002827 证券简称：高争民爆 002 西藏高争民爆股份有限公司投资者关系活动记录表 编 号 ： 2018- | --- | --- | --- | |----------------|------------------------|------------------------------------| | | | | | 投资者关系活动 | □ | 特定对象调研 □分析师会议 | | 类别 | √ 媒体采访 □业绩说明会 | | | | □ | 新闻发布会 □路演活动 | | | □ 现场参观 | | | | □ 其他 | | | 参与单位名称及 | | | | 人员姓名 | 证券时报 | | | 时间 | 2018 年 6 月 2 | 日 9:00-12:00 | | 地点 | 民爆公司 | | | 上市公司接待人 | 总经理：张恩先生 | | | 员姓名 | | 副总经理兼董事会秘书：刘长江先生 | | | | 安全技术总工：吴臣先生、章启建先生 | 1 / 5 | --- | --- | |----------------|------------------------------ ...

Group 1: Company Overview - The company focuses exclusively on the Tibetan market for its civil explosives products and does not serve areas outside Tibet [3] - The company has a complete integrated service system for production, sales, transportation, storage, and blasting operations, suitable for high-altitude safety management [3] - The company does not engage in military products [4] Group 2: Market Dynamics - The civil explosives market is experiencing increased competition due to price liberalization and demand reduction, leading to a shift from regional to national competition [5] - The company has adjusted its pricing strategy in response to market changes, which has affected its profits [4] - The demand for civil explosives in Tibet is expected to increase as infrastructure investment policies are gradually implemented [10] Group 3: Financial Performance - The company's gross margin is higher than that of other civil explosives companies due to its dual profit contribution from both production and retail [5] - The company reported a significant decline in Q1 2018 performance, primarily due to environmental and market influences [6] - The company is considering a dividend policy to reward investors despite the challenging market conditions [7] Group 4: Production and Capacity - The company has completed the technical transformation of its production lines, increasing the sales volume of gel emulsified explosives [6] - The annual production line for 30 million industrial detonators is still in the preliminary work phase and not yet operational [7] Group 5: Investor Relations and Communication - The company is planning to hold an investor communication meeting when conditions are favorable [4] - The company has established a comprehensive marketing network across Tibet, enhancing its market responsiveness and service capabilities [11] - The company encourages investor visits for research and guidance, avoiding sensitive periods [6]

Group 1: Company Overview and Policies - The company enjoys a preferential income tax rate of 15% in the Tibet region, with an effective rate of 9% due to local tax retention policies [3] - The company is currently conducting preliminary research on emerging industries that align with national industrial policies and its supply chain [3] Group 2: Production and Market Dynamics - The company has not participated in the capacity transfer project of Guizhou Jiulian, which involves a transfer of 12,000 tons of capacity [3] - The company completed its first overseas transaction in 2018 but is currently unable to engage in foreign trade due to the lack of foreign trade qualifications [3] Group 3: Financial Performance - The company's production increased in the first half of the year, but profits declined due to several factors: the completion of the Lhasa to Nyingchi railway construction led to decreased sales, market price adjustments to capture market share, and rising raw material costs [4]

Financial Performance - The company's operating revenue for Q3 2022 was CNY 336,803,777.55, representing a year-on-year increase of 31.99%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 13,277,574.80, a decrease of 19.38% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 13,059,712.90, down 21.18% year-on-year[5] - The basic earnings per share for Q3 2022 was CNY 0.05, a decrease of 16.67% from the previous year[5] - The diluted earnings per share for Q3 2022 was also CNY 0.05, down 16.67% year-on-year[5] - The company reported a net profit margin of approximately 6.3% for the third quarter of 2022, compared to 7.3% in the same quarter last year[18] - The net profit for Q3 2022 was CNY 44,589,247.36, a decrease from CNY 47,458,262.68 in Q3 2021, representing a decline of approximately 3.8%[19] - Operating profit for Q3 2022 was CNY 49,886,029.44, down from CNY 62,645,241.02 in Q3 2021, reflecting a decrease of approximately 20.3%[19] - The company reported a total comprehensive income of CNY 44,589,247.36 for Q3 2022, compared to CNY 47,458,262.68 in Q3 2021[20] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.15, an increase from CNY 0.11 in Q3 2021[20] Cash Flow and Liquidity - The cash flow from operating activities for the year-to-date period was CNY 11,091,218.70, reflecting a significant decline of 80.68%[5] - The cash flow from operating activities generated a net cash inflow of CNY 11,091,218.70, significantly lower than CNY 57,393,620.50 in the same period last year[22] - The company experienced a net cash outflow from investing activities of CNY 78,777,493.30, compared to a net outflow of CNY 29,700,173.54 in the previous year[22] - Financing activities generated a net cash inflow of CNY 242,500,823.09, a significant improvement from a net outflow of CNY 29,560,760.85 in Q3 2021[22] - The company's cash and cash equivalents increased to CNY 354,998,139.43 as of September 30, 2022, compared to CNY 190,783,590.94 at the beginning of the year, representing an increase of 86%[14] - Cash and cash equivalents at the end of the period totaled CNY 354,198,139.43, up from CNY 176,888,911.63 at the end of Q3 2021[22] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 2,048,995,292.79, an increase of 27.47% compared to the end of the previous year[5] - The total assets of the company reached CNY 2,048,995,292.79, compared to CNY 1,607,471,093.15 at the beginning of the year, marking an increase of 27.4%[16] - Total liabilities increased to CNY 1,062,283,557.37, up from CNY 681,299,108.20, indicating a rise of 55.9%[16] - The company's equity attributable to shareholders was CNY 763,834,072.91, slightly down from CNY 765,928,791.22 at the beginning of the year[16] Sales and Revenue Growth - The company experienced a substantial increase in product sales, contributing to the overall revenue growth despite the decline in net profit for the quarter[9] - The total operating revenue for the third quarter of 2022 was CNY 838,210,582.68, an increase of 28.4% compared to CNY 652,902,760.26 in the same period last year[18] - Revenue from sales of goods and services reached CNY 643,919,156.38, up from CNY 494,565,558.38 in the previous year, indicating an increase of about 30.2%[21] - The total operating costs for the third quarter of 2022 were CNY 785,323,924.32, up 34.7% from CNY 583,218,762.37 in the previous year[18] Research and Development - Research and development expenses increased to CNY 20,970,224.76 from CNY 19,358,408.08, marking an increase of about 8.3%[19] Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency and product offerings[15] Return on Equity - The weighted average return on equity for the year-to-date period was 1.76%, a decrease of 0.46% compared to the previous year[5]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥501,406,805.13, representing a 26.07% increase compared to ¥397,727,612.05 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was ¥26,843,844.81, a significant increase of 98.18% from ¥13,545,327.26 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥21,127,813.82, which is a 36.78% increase compared to ¥15,446,576.21 in the same period last year[20]. - The basic earnings per share increased to ¥0.1, doubling from ¥0.05 in the previous year[20]. - The total profit amounted to 30.22 million yuan, with a year-on-year growth of 2.35%[31]. - The company's total revenue for the first half of 2022 reached CNY 382,196,015, representing a year-on-year increase of 17.09%[43]. - The total operating revenue for the first half of 2022 was CNY 501,406,805.13, an increase of 26.0% compared to CNY 397,727,612.05 in the first half of 2021[151]. - The total profit for the first half of 2022 was CNY 30,223,165.86, a slight increase from CNY 29,529,336.25 in the same period last year[152]. - The company's financial results indicate a strong performance in the first half of 2022, with significant contributions from its subsidiaries[75]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,752,413,250.97, reflecting a 9.02% increase from ¥1,607,471,093.15 at the end of the previous year[20]. - The total liabilities rose to CNY 802,925,159.52, up from CNY 681,299,108.20, indicating an increase of 17.8%[145]. - The owner's equity totaled CNY 949,488,091.45, an increase from CNY 926,171,984.95, reflecting a growth of 2.3%[145]. - Cash and cash equivalents at the end of the reporting period amounted to ¥150,838,864, representing 8.61% of total assets, a decrease of 3.26% compared to the previous year[50]. - Accounts receivable increased to ¥455,804,689, accounting for 26.01% of total assets, up 3.01% from the previous year, indicating improved collection[50]. - Long-term borrowings rose significantly to ¥232,840,322, which is 13.29% of total liabilities, an increase of 5.33% due to increased bank loans[50]. - The total current assets amounted to CNY 871,376,019.39, an increase from CNY 724,079,507.04 at the beginning of the year, reflecting a growth of approximately 20.3%[142]. Cash Flow - The net cash flow from operating activities was negative at -¥8,547,689.72, a decline of 405.27% compared to a positive cash flow of ¥2,800,013.78 in the same period last year[20]. - The company's operating cash flow for the first half of 2022 was -8,547,689.72 CNY, a decrease from 2,800,013.78 CNY in the same period of 2021, indicating a decline in operational efficiency[158]. - Total cash inflow from operating activities increased to 414,817,318.06 CNY in H1 2022, compared to 289,679,089.56 CNY in H1 2021, reflecting a growth of approximately 43.3%[158]. - Cash outflow from operating activities rose to 423,365,007.78 CNY in H1 2022, up from 286,879,075.78 CNY in H1 2021, marking an increase of about 47.6%[158]. - The net cash flow from financing activities increased significantly to 215,605,907.44 CNY in H1 2022, compared to 55,999,970.69 CNY in H1 2021, representing a growth of approximately 284.4%[160]. Investments and Projects - The company has committed to a total investment of 10,505 million for the project related to the Tibet High Explosive Engineering Company, which is currently in progress[64]. - The annual production line for 3,000 million detonators has achieved a total investment of 6,722.3 million, with a completion rate of 100%[64]. - The company plans to invest 100 million RMB in new product development and technology research in the upcoming year[192]. - The company has completed the construction of the emulsified explosive production line and the second phase of the information platform project, optimizing the use of raised funds[66]. Market and Industry - The civil explosive industry saw a total profit of 3.279 billion yuan in the first half of 2022, up 6.74% year-on-year[30]. - The company is expanding its layout in the electronic detonator chip field, enhancing its competitive advantage in the industry[31]. - The company is focusing on the development of the electronic detonator industry, aiming to enhance its overall competitiveness through integration and innovation[79]. - The company aims to acquire a blasting service company to enhance its operational capabilities amid increasing competition in the blasting industry[65]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The total number of ordinary shareholders at the end of the reporting period is 18,114[129]. - The largest shareholder, Tibet Construction Material Group, holds 58.60% of the shares, totaling 161,740,994 shares[129]. - The company has 276,000,000 shares in total, with 100% being unrestricted shares[128]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[5]. - The company faces risks from intensified industry competition and rising raw material costs, particularly ammonium nitrate and titanium ammonium, which could impact profit margins[78]. - The company has a large accounts receivable balance due to its business model, which poses a financial risk if major clients experience adverse conditions[78]. Compliance and Governance - The company has not reported any significant litigation or arbitration matters during the reporting period[98]. - The company has not undergone any bankruptcy reorganization during the reporting period[99]. - The company has engaged in related party transactions, with a total transaction amount of 3,000,000 CNY, representing 3.68% of the company's revenue[101].

Financial Performance - The company's operating revenue for Q1 2022 was ¥184,322,205.93, representing a 15.17% increase compared to ¥160,044,258.40 in the same period last year[3] - Net profit attributable to shareholders was ¥1,526,737.68, a significant increase of 300.18% from a loss of ¥762,688.32 in the previous year[5] - The net profit after deducting non-recurring gains and losses was ¥623,951.56, up 154.40% from a loss of ¥1,146,974.23 in the same period last year[5] - Basic and diluted earnings per share were both ¥0.0055, reflecting a 296.43% increase from a loss of ¥0.0028 per share in the previous year[5] - Net profit for the quarter reached CNY 804,359.30, up from CNY 583,020.87, representing an increase of approximately 37.9%[16] - The total comprehensive income attributable to the parent company was CNY 1,526,737.68, while the comprehensive income attributable to minority shareholders was a loss of CNY 722,378.38, compared to a gain of CNY 1,345,709.19 previously[17] Cash Flow - The net cash flow from operating activities was -¥21,287,842.44, a decline of 136.63% compared to -¥8,996,415.07 in the same period last year[5] - Cash inflows from operating activities totaled CNY 146,989,411.56, up from CNY 118,252,467.08 in the previous period, reflecting a growth of approximately 25%[20] - Cash outflows from operating activities amounted to CNY 168,277,254.00, compared to CNY 127,248,882.15 in the previous period, resulting in a net cash flow from operating activities of -CNY 21,287,842.44[20] - The company reported a net cash outflow of CNY 8,281,251.54 from cash and cash equivalents during the period[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,595,352,646.65, a decrease of 0.75% from ¥1,607,471,093.15 at the end of the previous year[3] - Current assets totaled CNY 715,817,132.03, slightly down from CNY 724,079,507.04, a decrease of approximately 1.3%[12] - The total liabilities decreased to CNY 671,381,594.19 from CNY 681,299,108.20, a reduction of about 1.3%[13] - Cash and cash equivalents at the end of the period were CNY 182,502,339.40, down from CNY 190,783,590.94, a decrease of approximately 4.5%[12] - Inventory decreased to CNY 41,254,888.72 from CNY 52,297,193.60, a decline of approximately 21.1%[12] Shareholder Information - Shareholders' equity attributable to the parent company was ¥764,654,861.56, down 0.17% from ¥765,928,791.22 at the end of the previous year[3] - The top shareholder, Tibet Construction and Building Materials Group Co., Ltd., holds 58.60% of the shares[8] Government Support and Subsidiary Performance - The company received government subsidies amounting to ¥1,308,680.70 during the reporting period[7] - The company's subsidiary, Chengyuan Mining, successfully listed on the New Third Board on February 11, 2022[9] Financial Expenses - The company reported a financial expense of CNY 3,215,284.81, which increased from CNY 1,870,305.46, reflecting a rise of about 71.8%[16] Audit Status - The first quarter report was not audited[22]

Financial Performance - The company's operating revenue for 2021 was ¥932,664,897.57, representing a 23.42% increase compared to ¥755,657,735.83 in 2020[21] - The net profit attributable to shareholders for 2021 was ¥52,587,511.25, a 42.85% increase from ¥36,813,999.56 in 2020[21] - The net profit after deducting non-recurring gains and losses was ¥53,337,141.94, up 45.03% from ¥36,776,575.63 in the previous year[21] - The basic earnings per share for 2021 was ¥0.19, a 46.15% increase compared to ¥0.13 in 2020[21] - The total assets at the end of 2021 were ¥1,607,471,093.15, reflecting a 9.20% increase from ¥1,472,072,987.92 at the end of 2020[21] - The net assets attributable to shareholders at the end of 2021 were ¥765,928,791.22, a slight increase of 0.63% from ¥761,104,301.40 at the end of 2020[21] - The total profit for the year was ¥91.60 million, which is a 30.34% increase compared to the previous year[33] - The gross profit from blasting services was ¥528,600,714.40, representing a 24.26% increase from ¥425,392,542.59 in 2020[53] - The gross profit margin for 2021 was reported at 35%, a slight increase from 33% in 2020[111] Cash Flow and Investments - The net cash flow from operating activities for 2021 was negative at -¥6,611,168.90, a significant decrease of 105.81% compared to ¥113,777,247.37 in 2020[21] - The company has maintained a stable cash flow, with a net cash flow from operating activities of ¥54.59 million in Q3 2021, despite a negative cash flow in Q4[25] - Operating cash inflow totaled ¥727,769,125.91 in 2021, up 16.20% from ¥626,292,270.27 in 2020, while cash outflow increased by 43.29% to ¥734,380,294.81[66] - Investment cash inflow surged by 756.64% to ¥46,706,375.02 in 2021, while investment cash outflow decreased by 75.78% to ¥57,682,626.88[66] - The net cash flow from investment activities improved by 95.28% to -¥10,976,251.86 in 2021, compared to -¥232,698,048.11 in 2020[67] - The company reported an investment income loss of CNY 650,470.97, accounting for -0.71% of total profit, primarily due to losses from equity investments[69] Market and Operational Strategy - The company is expanding its market presence and has established a comprehensive marketing network across the Tibet Autonomous Region[33] - The company is focusing on the development of electronic detonator chips, enhancing its competitive advantage in the industry[33] - The explosive service segment is a significant revenue contributor, with the company holding various construction qualifications for mining engineering and blasting operations[35] - The company has developed a production model based on sales forecasts, ensuring efficient production planning and inventory management[38] - The company has implemented a direct sales model to optimize customer relationships and stabilize sales channels[38] - The company aims to improve operational efficiency and explore potential mergers and acquisitions to enhance growth prospects[115] Research and Development - Research and development expenses increased by 78.80% to ¥27,600,427.93 in 2021, reflecting the company's commitment to enhancing its R&D capabilities[60] - The number of R&D personnel increased to 153 in 2021, a rise of 101.32% compared to 76 in 2020, with R&D personnel now accounting for 10.10% of the total workforce[64] - The company is focusing on developing high-altitude electronic detonators and has established a research center to enhance product reliability under extreme conditions[64] - The company aims to reduce the cost of blasting in frozen soil areas by 10% through ongoing research and development efforts[63] - The research team has successfully created five oil phase formulations from dozens of samples for high-altitude emulsified explosives, significantly improving the stability of the gel matrix[62] Governance and Compliance - The company has a total of 9 directors, including 3 independent directors, complying with legal and regulatory requirements[103] - The company maintained a complete separation from its controlling shareholder in terms of business, personnel, assets, institutions, and finance, ensuring independent operation[106] - The company has established an independent financial department and accounting system, making independent financial decisions and tax payments[108] - The company has not experienced any major differences between its governance status and the regulations set by the China Securities Regulatory Commission[105] - The company ensures timely and accurate information disclosure, with designated platforms for investor relations[105] Environmental and Social Responsibility - The company has established a comprehensive environmental monitoring plan, including quarterly testing of wastewater and air emissions[165] - The company is classified as a key pollutant discharge unit but reported no exceedances in pollution discharge standards[162] - The company donated CNY 45,000 to enhance the educational level of the local primary school in Namu Township[166] - The company contributed CNY 2 million to support rural revitalization and environmental protection initiatives[167] Future Outlook - The company provided a performance guidance for 2022, expecting a revenue growth of 10% to 1.32 billion yuan[111] - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in sales in that region by 2023[111] - A strategic acquisition of a local competitor is expected to be finalized by Q3 2022, which will enhance production capacity by 25%[111] - The company aims to improve the efficiency of raised fund usage by reallocating surplus funds to daily operational activities[90]

Financial Performance - The company's operating revenue for Q3 2021 was ¥255,175,148.21, representing a 9.96% increase compared to the same period last year, and a year-to-date revenue of ¥652,902,760.26, which is up 38.02% year-on-year[3] - The net profit attributable to shareholders for Q3 2021 was ¥16,470,152.01, a decrease of 33.74% year-on-year, while the year-to-date net profit reached ¥30,015,479.27, an increase of 15.20%[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥16,568,610.54, down 30.61% year-on-year, with a year-to-date figure of ¥32,015,186.75, up 30.52%[3] - The basic earnings per share for Q3 2021 was ¥0.06, down 33.33% year-on-year, while the diluted earnings per share was also ¥0.06, with a year-to-date figure of ¥0.11, up 22.22%[3] - Operating profit for the period was ¥62,645,241.02, up from ¥45,555,625.23 in the previous period, reflecting a growth of approximately 37.5%[21] - Net profit attributable to the parent company was ¥30,015,479.27, compared to ¥26,055,571.04 in the previous period, representing an increase of about 11.3%[22] - Basic and diluted earnings per share were both ¥0.11, an increase from ¥0.09 in the previous period[22] Cash Flow and Investments - The net cash flow from operating activities for the year-to-date period was ¥57,393,620.50, reflecting a decrease of 32.82% compared to the previous year[3] - Cash flow from operating activities amounted to ¥512,070,848.09, compared to ¥426,804,454.25 in the previous period, showing an increase of approximately 20.0%[23] - The net cash flow from operating activities for Q3 2021 was ¥57,393,620.50, a decrease of 32.8% compared to ¥85,435,462.75 in Q3 2020[25] - Total cash outflow from operating activities amounted to ¥454,677,227.59, up 33.3% from ¥341,368,991.50 in the previous year[25] - The net cash flow from investing activities was -¥29,700,173.54, an improvement from -¥158,867,675.14 in Q3 2020[25] - Cash inflow from financing activities totaled ¥137,882,466.33, while cash outflow was ¥167,443,227.18, resulting in a net cash flow of -¥29,560,760.85[26] - The company has ongoing investments in fixed assets totaling 625,696,419.84 CNY[16] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,499,328,366.47, an increase of 1.85% compared to the end of the previous year[3] - The equity attributable to shareholders at the end of the reporting period was ¥748,170,869.83, a decrease of 1.70% compared to the end of the previous year[3] - Total current assets as of September 30, 2021, amount to 620,428,601.42 CNY, an increase from 583,750,744.02 CNY at the end of 2020[16] - The company reported a total liability of ¥594,524,784.50, slightly up from ¥569,911,960.21 in the previous period[18] - Total liabilities amounted to ¥569,911,960.21, with current liabilities at ¥414,885,581.56[30] - The company's total liabilities and equity reached ¥1,499,328,366.47, compared to ¥1,472,072,987.92 in the previous period[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,199[11] - The largest shareholder, Tibet Construction Materials Group Co., Ltd., holds 58.60% of shares, totaling 161,740,994 shares[11] Operational Insights - The increase in operating revenue is attributed to the recovery of demand in the mining and construction industries following effective control of the COVID-19 pandemic[9] - The decrease in net profit for Q3 2021 is primarily due to the accrual of employee performance bonuses based on the reporting period, contrasting with a one-time accrual in the previous year[9] - The company reported a loss of ¥98,458.53 from non-recurring gains and losses, which included various operational and financial adjustments[6] Research and Development - Research and development expenses for the period were ¥19,358,408.08, indicating ongoing investment in innovation[19] Report Characteristics - The third quarter report of Tibet High-Explosive Co., Ltd. is unaudited[32] - The report was released on October 28, 2021[32] - No specific financial performance metrics or user data were provided in the report[32] - Future outlook and performance guidance were not discussed in the report[32] - There were no mentions of new products or technology development in the report[32] - Market expansion and mergers or acquisitions were not addressed in the report[32] - Other new strategies were not outlined in the report[32] - The report does not include any financial figures or percentages[32] - The company did not provide any insights into operational performance[32] - The report lacks detailed analysis or commentary on market trends[32]