Financial Performance - The company's operating revenue for the first half of 2023 was ¥52,358,437.19, a decrease of 32.35% compared to ¥77,391,086.26 in the same period last year[22]. - The net profit attributable to shareholders was ¥2,427,214.55, down 72.13% from ¥8,710,561.77 year-on-year[22]. - The net cash flow from operating activities was -¥14,067,941.44, representing a decline of 168.99% compared to ¥20,391,843.19 in the previous year[22]. - Basic and diluted earnings per share were both ¥0.01, a decrease of 75.00% from ¥0.04 in the same period last year[22]. - Total assets at the end of the reporting period were ¥392,916,427.20, down 22.40% from ¥506,347,745.68 at the end of the previous year[22]. - The net assets attributable to shareholders decreased by 17.28% to ¥355,932,142.86 from ¥430,304,928.31 at the end of the last year[22]. - The company reported a significant drop in net profit excluding non-recurring gains and losses, which was ¥443,349.14, down 93.60% from ¥6,926,804.85 year-on-year[22]. - The weighted average return on equity decreased to 0.56% from 2.38% in the previous year[22]. - The gross profit margin for the packaging printing segment was 22.86%, a decrease of 2.68% compared to the previous year[50]. - Revenue from the packaging printing segment was ¥50,754,758.06, representing 96.94% of total revenue, down 27.75% year-on-year[49]. - The company reported a total profit of CNY 2,627,779.69 for the first half of 2023, down 72.6% from CNY 9,585,954.26 in the same period last year[164]. - The total comprehensive income for the first half of 2023 was CNY 2,427,214.55, a decrease of 72.1% from CNY 8,710,561.77 in the same period of 2022[164]. Cash Flow and Investments - The company's operating cash flow for the first half of 2023 was negative at -14,067,941.44 CNY, a significant decline compared to a positive cash flow of 20,391,843.19 CNY in the same period of 2022[168]. - Total cash inflow from investment activities was 249,442,073.72 CNY, while cash outflow was 191,906,970.91 CNY, resulting in a net cash flow of 57,535,102.81 CNY from investment activities, a turnaround from a negative cash flow of -6,160,679.33 CNY in 2022[169]. - The company reported a total cash and cash equivalents balance of 21,284,398.05 CNY at the end of the first half of 2023, down from 87,479,761.60 CNY at the end of the first half of 2022[169]. - The cash inflow from the disposal of subsidiaries and other business units was 118,243,600.00 CNY, contributing to the overall investment cash inflow[170]. - The total cash outflow for financing activities was 76,800,000.00 CNY, with no cash inflow reported, resulting in a net cash flow of -76,800,000.00 CNY from financing activities[171]. Operational Highlights - The company has established strong partnerships with major tobacco companies, including Zhejiang Zhongyan, Yunnan Zhongyan, and Guangdong Zhongyan, becoming a qualified supplier for several others[30]. - The tobacco packaging industry is valued between RMB 30 billion to 40 billion, with the company positioned as a leading service provider in this "golden sector" due to stable orders and high profit margins[31]. - The company has developed a comprehensive service capability, providing high-quality, high-stability, and large-scale cigarette label production services[34]. - The company has secured long-term cooperation with several core cigarette brands, including "Li Qun," "Yun Yan," and "Hong Jin Long," which are among the top-selling brands in the country[37]. - The company has accumulated 119 national patents and 28 registered trademarks, reflecting its commitment to innovation and quality in the cigarette label printing sector[42]. - The company has enhanced its production capabilities with the addition of an automatic high-end gift packaging box production line and coding systems in 2022, improving efficiency in meeting customer demands[44]. Market and Industry Trends - From 2017 to 2022, China's cigarette production increased from 2,345.07 billion to 2,432.15 billion units, with a CAGR of 0.73%, indicating a stable growth trend in the tobacco industry[32]. - The overall revenue of the tobacco products industry has grown from RMB 990.49 billion to RMB 1,279.24 billion, with a CAGR of 5.25%, indicating a positive outlook for the sector[32]. - Increased competition from new tobacco products may affect traditional tobacco packaging; the company aims to leverage its experience to enter the electronic cigarette packaging market[65]. Risk Management - The company faces risks from industry policies affecting tobacco sales, which could impact packaging demand, and plans to enhance product development and market expansion to mitigate these risks[64]. - The company is aware of potential risks from rising raw material prices and declining product prices, and plans to optimize production and management to maintain profit margins[67]. Environmental and Social Responsibility - The company was listed as a key pollutant discharge unit, adhering to strict environmental standards in its operations[76][77]. - The company achieved compliance with the "Industrial Enterprise Factory Boundary Environmental Noise Emission Standards" (GB12348-2008) within Class 2 standard limits[78]. - The company invested 60,000 RMB in environmental governance and paid an environmental protection tax of 6,668.55 RMB during the reporting period[87]. - The company has implemented noise control measures, including the use of low-noise fans and soundproofing, resulting in compliance with noise standards[84]. - The company has established a comprehensive emergency response plan for environmental incidents, which has been reviewed by environmental experts and filed with local authorities[86]. - The company promotes energy-saving measures and clean production practices to reduce carbon emissions and enhance energy efficiency[90]. - The company actively participates in social responsibility initiatives, including tax compliance and community support activities[97]. Corporate Governance - The company emphasizes stakeholder engagement and adheres to information disclosure obligations to protect shareholder rights[93]. - The company has established a comprehensive employee protection system, including signing labor contracts and providing social insurance, enhancing employee welfare and job satisfaction[95]. - The company has not faced any administrative penalties for environmental issues during the reporting period[89]. - The company has not engaged in any related party transactions during the reporting period[110]. - The financial report for the first half of 2023 was approved by the board on August 25, 2023[185]. - The company adheres to the Chinese Accounting Standards, ensuring the financial statements reflect a true and complete picture of its financial status[189].

广东新宏泽包装股份有限公司独立董事 关于第五届董事会第二次会议相关事项的独立意见 2、2023 年半年度公司对外担保情况 2023 年上半年，公司不存在为控股股东、实际控制人及其关联方、任何非法 人单位或个人提供担保的情况，不存在其它或在以前期间发生但延续到本年度的 对外担保情况。 因此，我们认为，公司及董事会能够认真贯彻执行《公司法》、《证券法》、 《上市公司监管指引第 8 号—上市公司资金往来、对外担保的监管要求》等相关 法律法规的规定，建立了较为完善、规范的内部决策程序和工作流程，能够有效的 防范对外担保风险和关联方资金占用风险。 （以下无正文） （本页无正文，为《广东新宏泽包装股份有限公司独立董事关于第五届董事会第 二次会议相关事项的独立意见》之签字页） 根据《中国证监会上市公司独立董事管理办法》、《深圳证券交易所股票上市 规则》、《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运 作》等相关法律、法规及《公司章程》、公司《独立董事工作制度》等有关规定， 我们作为广东新宏泽包装股份有限公司（以下简称"公司"）的独立董事，经审慎 查阅本次审议事项相关资料，本着诚实信用、勤勉尽责精神，对 ...

广东新宏泽包装股份有限公司 2023年1-6月非经营性资金占用及其他关联资金往来情况汇总表 编制单位：广东新宏泽包装股份有限公司 单位：万元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上市公 司的关联关系 | 上市公司核算的 会计科目 | 2023年初占用资 | 2023年1-6月占用 累计发生金额(不 | 2023年1-6月占用 | 2023年1-6月偿还 | 2023年6月底占用 | 占用形成原因 | 占用性质 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 金余额 | 含利息) | 资金的利息(如有) | 累计发生金额 | 资金余额 | | | | 控股股东、实际控制人及 | | | | | | | | - | | | | 其附属企业 | | | | | | | | - | | | | 小计 | — | — | — | - | - | - | - | - | | | | 前控股股东、实际控制人 | | | | | | | | - | | | | 及其附属企业 | | | | | | ...

Financial Performance - The company's operating revenue for 2022 was ¥149,685,985.30, representing a 3.65% increase compared to ¥144,420,822.53 in 2021[20]. - Net profit attributable to shareholders for 2022 reached ¥84,096,533.15, a significant increase of 652.41% from ¥11,176,927.15 in 2021[20]. - Basic earnings per share for 2022 were ¥0.44, up 633.33% from ¥0.06 in 2021[20]. - The company reported a total revenue of ¥40.30 million in Q1 2022, with a net profit attributable to shareholders of ¥4.67 million[24]. - The company achieved total revenue of 149.69 million yuan in 2022, representing a year-on-year growth of 3.65%[50]. - The net profit attributable to shareholders reached 84.10 million yuan, a significant increase of 652.41% compared to the previous year[50]. - The net cash flow from operating activities decreased by 54.02% to ¥19,216,699.84 in 2022, down from ¥41,789,591.40 in 2021[20]. - The gross profit margin for the packaging printing segment improved to 24.57%, up by 1.16% from the previous year[60]. - The company reported a significant reduction in investment properties, decreasing by 10.76% of total assets due to the disposal of subsidiaries[80]. Business Expansion and Strategy - The company has expanded its business scope to include the research, production, and sales of medical devices and hygiene products[19]. - The company plans to continue focusing on the cigarette label market while exploring opportunities in the new tobacco industry, aiming for a dual or triple growth strategy[98]. - In 2023, the company aims to expand its business scale by actively participating in bidding activities for cigarette packaging and developing 3C and cosmetic packaging[99]. - The company intends to increase R&D investment and improve product structure by engaging in new product design for various tobacco companies[100]. - The company is positioned in a high-barrier industry with a market size of approximately ¥300 to ¥400 billion, focusing on high-quality and environmentally friendly packaging solutions[32]. Research and Development - The company holds 119 active national patents and 28 registered trademarks, reflecting its commitment to research and innovation[46]. - The R&D investment in 2022 was ¥8,203,310.23, down from ¥10,371,008.85 in 2021, indicating a 20.90% decrease[73]. - The company has developed a new ink formula that improves wear resistance by over 10% compared to existing inks[69]. - The company completed and implemented several R&D projects, including a device for adjustable hot stamping angles and an environmentally friendly wear-resistant ink[69]. - The number of R&D personnel increased by 9.09% from 33 to 36, with a slight decrease in the proportion of R&D personnel to 16.74%[73]. Cash Flow and Investments - Cash inflow from investing activities increased significantly by 173.62% to ¥561,061,830.89, primarily due to cash received from the disposal of subsidiaries and redemption of financial products[75]. - Cash outflow from investing activities surged by 497.40% to ¥582,657,666.88, mainly due to increased expenditures on purchasing financial products[75]. - The net increase in cash and cash equivalents was negative at -¥18,622,693.96, a decline of 134.47% from the previous year's increase of ¥54,033,425.66[75]. - Investment income accounted for 89.89% of total profit, primarily from the disposal of subsidiary Shenzhen Xinhongze Packaging and financial product income[78]. Corporate Governance and Compliance - The company has established a sound internal control system and governance structure, complying with relevant laws and regulations[109]. - The company held two shareholder meetings during the reporting period, ensuring equal treatment of all shareholders and facilitating participation through online voting[110]. - The board of directors held four meetings during the reporting period, ensuring compliance with legal requirements and promoting sound decision-making[112]. - The supervisory board conducted four meetings to review the company's financial status and the legality of board decisions[113]. - The company maintains independence from its controlling shareholder in terms of business operations, personnel, assets, and financial management[117][118]. Environmental Responsibility - The company was listed as a key pollutant discharge unit in Chaozhou for 2022, adhering to environmental standards without exceeding emission limits[160]. - The company reported no violations or penalties related to environmental regulations during the reporting period[161]. - The company has implemented various ISO management systems, including ISO9001 and ISO14001, to ensure quality and environmental management, enhancing supplier and customer rights protection[177]. - The company has established a complete environmental safety management system, adhering to the principle of "prevention first" and ensuring compliance with environmental regulations[179]. - The company has been recognized as a "Clean Production Enterprise" and has maintained a blue card rating for six consecutive years, indicating good environmental credit[181]. Employee Welfare and Remuneration - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 2.1723 million yuan[130]. - The company has implemented a performance-oriented reward system to enhance employee welfare and motivation[141]. - The total number of employees at the end of the reporting period is 215, with 186 from the parent company and 29 from major subsidiaries[140]. - The professional composition includes 120 production personnel, 8 sales personnel, 24 technical personnel, 9 financial personnel, and 54 administrative personnel[140]. - The company ensures that social insurance and housing provident fund are handled according to national and local regulations[129]. Shareholder Commitments - The company has fulfilled all commitments related to shareholding restrictions and voluntary lock-up agreements as of the end of the reporting period[186]. - Shareholders are committed to not transferring or entrusting the management of their shares for 36 months post-listing, with a potential extension of 6 months if certain price conditions are met[186]. - After the lock-up period, shareholders can only transfer up to 25% of their total shares held annually during their tenure[186]. - The company has established a mechanism to retain dividends from shareholders who violate the lock-up commitments until the proceeds are returned[186]. - The company is optimistic about its industry prospects and intends to hold its shares long-term, with potential adjustments based on market conditions[187].

Financial Performance - The company's operating revenue for 2022 was ¥149,685,985.30, representing a 3.65% increase compared to ¥144,420,822.53 in 2021[20] - The net profit attributable to shareholders for 2022 was ¥94,379,670.63, a significant increase of 744.42% from ¥11,176,927.15 in 2021[20] - The basic earnings per share for 2022 was ¥0.49, up 716.67% from ¥0.06 in 2021[20] - The company reported a net profit excluding non-recurring gains and losses of ¥8,374,897.46, a slight increase of 1.75% from ¥8,231,052.54 in 2021[20] - The company achieved total revenue of 149.69 million yuan in 2022, representing a year-on-year growth of 3.65%[50] - The net profit attributable to shareholders reached 94.38 million yuan, a significant increase of 744.42% compared to the previous year[50] - The net cash flow from operating activities decreased by 54.02% to ¥19,216,699.84 from ¥41,789,591.40 in 2021[20] - The company reported quarterly revenues of ¥40,300,742.37, ¥37,090,343.89, ¥33,876,881.96, and ¥38,418,017.08 for Q1, Q2, Q3, and Q4 respectively[24] - The net profit attributable to shareholders for Q3 was significantly higher at ¥83,523,022.95 compared to other quarters[24] Business Operations - The company has expanded its business scope to include the research, production, and sales of medical devices and sanitary products[19] - The company has established strong partnerships with major tobacco manufacturers, enhancing its market position[31] - The company has established long-term cooperative relationships with major tobacco companies, including Zhejiang Tobacco and Yunnan Tobacco, enhancing its market position[43] - The company focuses on optimizing product structure and expanding new product development, particularly in new materials and processes[52] - The company emphasizes a "design + manufacturing + service" business model, enhancing its integrated service capabilities[49] - The company has implemented new automated production lines in 2022, improving its capacity for high-volume and flexible production[48] Research and Development - The company holds 119 valid national patents and 28 registered trademarks, reflecting its commitment to research and innovation[46] - The number of R&D personnel increased by 9.09% from 33 to 36 in 2022[73] - The company has successfully developed a cooling device for hot stamping machines, improving product quality stability[72] - The company has implemented a new automatic alignment device for cutting machines, enhancing production efficiency[72] - The R&D investment decreased by 20.90% compared to the previous year, reflecting a strategic shift in resource allocation[73] - The company developed an environmentally friendly wear-resistant ink, which improves ink durability and reduces production costs[69] Financial Management - The total procurement amount from the top five suppliers is ¥56,384,574.34, accounting for 72.64% of the annual total procurement[68] - Sales expenses increased by 23.89% to ¥3,639,102.67 in 2022, while management expenses decreased by 22.63% to ¥17,825,079.49[68] - Investment income accounted for 89.89% of total profit, primarily from the disposal of a subsidiary and financial product returns[78] - The company's monetary funds decreased from 17.42% to 10.79% of total assets, reflecting a reduction of 6.63%[80] - The company reported no non-operating fund occupation by controlling shareholders or other related parties during the reporting period[191] Corporate Governance - The company has established a robust internal control system and governance structure, complying with relevant laws and regulations[109] - The board of directors held four meetings during the reporting period, with all procedures adhering to legal requirements and ensuring accurate information disclosure[112] - The company maintains complete independence from its controlling shareholder in terms of business operations, personnel, assets, and financial management[117][118] - The company has a dedicated financial accounting department and independent financial decision-making processes, ensuring compliance with tax obligations[118] - The company has established a comprehensive corporate governance structure and internal control management system[157] Environmental Responsibility - The company was listed as a key pollutant discharge unit in Chaozhou for 2022, adhering to emission standards without exceeding limits[160] - The company reported no violations or penalties related to environmental regulations during the reporting period[161] - The company has established a comprehensive environmental safety management system, adhering to national and local environmental laws, with no environmental accidents reported during the reporting period[179] - The company upgraded its waste gas treatment technology from UV decomposition to catalytic combustion, significantly improving pollution control[180] - The company has implemented measures to reduce carbon emissions, including switching to water-based inks to lower volatile organic compounds (VOCs) emissions[173] Future Outlook - The company plans to continue focusing on the cigarette label market while exploring opportunities in the new tobacco industry, aiming for a dual or triple growth strategy[98] - In 2023, the company aims to expand its business scale by actively participating in bidding activities for cigarette labels and packaging for cosmetics[99] - The company plans to increase R&D investment and improve product structure by engaging in new product design for various cigarette manufacturers[100] - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies[188] - The company aims to reduce operational costs by 15% through efficiency improvements in the supply chain[188] Shareholder Information - The proposed profit distribution plan includes a cash dividend of ¥4.00 per 10 shares and a stock dividend of 2 shares per 10 shares, totaling a distribution of ¥115,200,000.00[148] - The total cash dividend amount is ¥76,800,000.00, which accounts for 66.67% of the total profit distribution[145] - The lock-up period for shareholders is set for 36 months from the date of the company's stock listing, during which they cannot transfer or manage their shares[186] - Shareholders are committed to not selling shares below the issue price during the lock-up period and for 2 years thereafter[186] - The company has a plan for potential share buybacks if stock prices fall significantly[186]

Financial Performance - The company's revenue for Q1 2023 was CNY 36,184,689.66, a decrease of 10.21% compared to CNY 40,300,742.37 in the same period last year[5] - Net profit attributable to shareholders was CNY 3,411,541.91, down 26.97% from CNY 4,671,687.91 year-on-year[5] - Total operating revenue for Q1 2023 was CNY 36,184,689.66, a decrease of 10.5% compared to CNY 40,300,742.37 in Q1 2022[16] - Net profit for Q1 2023 was CNY 3,411,541.91, a decline of 27.0% from CNY 4,671,687.91 in Q1 2022[17] - Earnings per share remained stable at CNY 0.02 for both Q1 2023 and Q1 2022[18] Cash Flow - The net cash flow from operating activities was negative CNY 698,841.21, a decline of 104.17% compared to CNY 16,744,273.85 in the previous year[5] - Total cash inflow from operating activities decreased to 29,413,143.79 CNY from 42,770,542.20 CNY, representing a decline of about 31.2%[20] - Cash outflow from operating activities increased to 30,111,985.00 CNY, up from 26,026,268.35 CNY, which is an increase of approximately 15.5%[20] - The ending cash and cash equivalents balance decreased to 20,988,970.08 CNY from 49,987,624.55 CNY, a decline of approximately 58.1%[20] - The company reported cash received from the sale of goods and services at 27,849,178.06 CNY, down from 41,831,234.13 CNY, reflecting a decrease of about 33.5%[19] - Cash paid for purchasing goods and services increased to 15,542,145.27 CNY from 13,059,169.36 CNY, which is an increase of approximately 19.0%[20] - Cash paid to employees rose to 7,566,138.48 CNY from 7,203,407.09 CNY, marking an increase of about 5.0%[20] - The company’s cash outflow for other operating activities was 3,457,249.45 CNY, down from 5,172,597.77 CNY, indicating a decrease of approximately 33.1%[20] - The company’s cash flow from financing activities remains unchanged, with no cash inflow reported for the current period[20] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 506,951,938.08, reflecting a slight increase of 0.12% from CNY 506,347,745.68 at the end of the previous year[5] - Total liabilities decreased to CNY 62,952,330.38 from CNY 65,759,679.89, a reduction of 4.2%[15] - Cash and cash equivalents decreased by 61.57% to CNY 20,988,970.08, primarily due to the purchase of financial products during the reporting period[8] - Accounts receivable increased by 41.12% to CNY 34,331,812.62, indicating a rise in outstanding payments[8] - Inventory decreased by 39.22% to CNY 12,019,242.97, attributed to sales and outflows during the reporting period[8] Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,687[10] - The largest shareholder, Yize Holdings Limited, holds 63.74% of the shares, totaling 122,372,400 shares[10] - The top ten shareholders include both domestic and foreign entities, with UBS AG holding 0.52%[10] - The company has no preferred shareholders as of the reporting period[11] - The company has not disclosed any related party relationships among the top shareholders[10] Investments and Projects - The company invested 5 million RMB in Shenzhen Yuan World Technology Co., Ltd., acquiring a 0.97% stake[11] - The company is involved in various technology development projects, including smart fire protection systems and urban public safety databases[11] - The company has not indicated any plans for mergers or acquisitions beyond the recent investment in Shenzhen Yuan World Technology Co., Ltd.[11] Tax and Other Income - The company reported a significant increase in tax payments, which rose by 499.98% to CNY 3,546,451.80, mainly due to the settlement of deferred taxes from the previous year[8] - Non-operating income included government subsidies amounting to CNY 93,100.00, contributing to the overall financial performance[6] Research and Development - Research and development expenses for Q1 2023 were CNY 2,108,052.03, down 23.2% from CNY 2,747,393.87 in Q1 2022[17] - The weighted average return on equity decreased to 0.77% from 1.28% year-on-year, a drop of 0.51%[5]

广东新宏泽包装股份有限公司 2022 年第三季度报告 证券代码：002836 证券简称：新宏泽 公告编号：2022-034 广东新宏泽包装股份有限公司 2022 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 1 （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 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 33,876,881.96 | -17.14% | 111,267,968.22 | 1.66% | | 归属于上市公司股东 | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥77,391,086.26, representing a 12.86% increase compared to ¥68,570,086.12 in the same period last year[22]. - The net profit attributable to shareholders was ¥8,710,561.77, which is a 13.90% increase from ¥7,647,463.50 in the previous year[22]. - The basic earnings per share remained unchanged at ¥0.05, consistent with the same period last year[22]. - The weighted average return on equity increased to 2.38%, up from 1.94% in the previous year[22]. - The company's revenue for the reporting period was ¥77,391,086.26, representing a year-on-year increase of 12.86% compared to ¥68,570,086.12 in the same period last year[48]. - The company's total profit for the first half of 2022 was CNY 9,585,954.26, compared to CNY 7,669,893.14 in the same period of 2021, reflecting a growth of 25%[176]. - The total comprehensive income for the first half of 2022 was CNY 8,710,561.77, compared to CNY 7,647,463.50 in the same period of 2021, marking an increase of 13.9%[176]. Cash Flow and Investments - The net cash flow from operating activities decreased by 43.35% to ¥20,391,843.19, down from ¥35,997,095.32 in the same period last year[22]. - The net cash flow from investing activities was -¥6,160,679.33, a significant decrease of 104.93% compared to the previous year's net cash inflow of ¥124,875,951.71[48]. - The company's cash and cash equivalents decreased by 78.29% to ¥14,242,756.35 from ¥65,598,351.00[48]. - The company's operating cash flow for the first half of 2022 was ¥20,391,843.19, a decrease of 43.2% compared to ¥35,997,095.32 in the same period of 2021[181]. - The net cash flow from investment activities was -¥6,160,679.33, a decline from ¥124,875,951.71 in the previous year, indicating a shift in investment strategy[182]. - The company's cash flow from financing activities was negative at -¥95,271,349.52, indicating a significant outflow compared to the previous year[182]. Assets and Liabilities - The total assets at the end of the reporting period were ¥437,698,332.83, reflecting a 4.10% increase from ¥420,464,680.97 at the end of the previous year[22]. - The total liabilities increased to ¥114,737,389.05 from ¥58,214,298.96, indicating a significant rise in financial obligations[168]. - Shareholders' equity decreased to ¥322,960,943.78 from ¥362,250,382.01, reflecting a decline of 10.8%[168]. - Current assets as of June 30, 2022, totaled ¥220,857,291.74, an increase from ¥203,717,997.34 at the beginning of the year[166]. Business Operations and Market Position - The main business of the company is cigarette labels, which are crucial for brand building, cultural dissemination, and anti-counterfeiting in the tobacco industry, with an overall market size of approximately 30-40 billion RMB[30]. - The company has established partnerships with major tobacco companies, including Zhejiang, Yunnan, Guangdong, and Sichuan Tobacco, becoming a leading professional cigarette label service provider in China[33]. - The company has a strong production capacity with multiple leading printing production lines, enabling it to meet large-scale and multi-batch manufacturing demands efficiently[41]. - The company emphasizes a comprehensive service model that integrates design, manufacturing, and service, allowing for rapid response to customer needs and effective product development[44]. - The overall scale of the cigarette label printing industry is considered a "golden field" due to its stable orders, cash flow, and higher profit margins compared to other consumer packaging sectors[30]. Research and Development - The company has filed 13 new national patents during the reporting period and actively participates in the formulation of national and industry standards[42]. - Research and development expenses decreased by 10.09% to ¥5,070,051.67 from ¥5,638,790.99[48]. Risks and Challenges - The company faces certain risks and uncertainties, which are detailed in the management discussion and analysis section of the report[4]. - The company faces risks from rising raw material prices and declining product prices, which could impact gross margins, and plans to minimize these effects through scale production and cost management[76]. - There is a risk of goodwill impairment if the acquired entities experience deteriorating operational conditions, which could negatively impact the company's financial results[79]. Environmental and Social Responsibility - The company has implemented environmental protection measures, ensuring that all wastewater and emissions meet regulatory standards[90][92]. - The company has established a comprehensive environmental monitoring plan and conducts regular third-party assessments to ensure compliance with environmental regulations[97]. - The company has been recognized as a "Clean Production Enterprise" in Chaozhou and has maintained a blue card rating for environmental credit for five consecutive years[105]. - The company actively participates in social responsibility initiatives, including producing protective masks during the pandemic[107]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,288[153]. - The largest shareholder, Yize Holdings Limited, holds 63.74% of the shares, totaling 101,977,000 shares[153]. - The company did not experience any changes in its controlling shareholder during the reporting period[156].

Financial Performance - The company's revenue for Q1 2022 was CNY 40,300,742.37, representing a 5.09% increase compared to CNY 38,348,506.17 in the same period last year[4] - Net profit attributable to shareholders was CNY 4,671,687.91, a significant increase of 48.77% from CNY 3,140,108.56 year-on-year[4] - Basic earnings per share increased by 50.00% to CNY 0.03 from CNY 0.02 in the same period last year[4] - Operating profit reached CNY 5,487,813.62, up 45.5% from CNY 3,773,245.90 year-over-year[20] - The net profit for the first quarter of 2022 was CNY 4,671,687.91, an increase of 48.9% compared to CNY 3,140,108.56 in the same period last year[20] - Total revenue from sales of goods and services received was CNY 41,831,234.13, compared to CNY 39,865,580.44 in the previous year[22] Cash Flow and Investments - The net cash flow from operating activities surged by 157.00%, reaching CNY 16,744,273.85 compared to CNY 6,515,174.27 in the previous year[4] - The company reported an investment income of CNY 796,726.03, contrasting with a loss of CNY 45,000.00 in the same period last year[20] - The total cash outflow from investing activities was CNY 40,800,380.58, compared to CNY 572,249.59 in the previous year[23] - The company experienced a net cash flow decrease of CNY 23,249,380.70 in the current period[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 435,987,731.93, up 3.69% from CNY 420,464,680.97 at the end of the previous year[4] - Current assets totaled CNY 222,880,570.54 at the end of Q1 2022, an increase from CNY 203,717,997.34 at the beginning of the year[15] - Total liabilities were CNY 69,065,662.01, compared to CNY 58,214,298.96 at the beginning of the year[17] - The equity attributable to shareholders was CNY 366,922,069.92, slightly up from CNY 362,250,382.01 at the beginning of the year[17] Research and Development - The company reported a 41.50% increase in R&D expenses, totaling CNY 2,747,393.87 compared to CNY 1,941,554.45 in the previous year[9] - Research and development expenses increased to CNY 2,747,393.87, a rise of 41.6% compared to CNY 1,941,554.45 in the previous year[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,205[10] Inventory and Receivables - Accounts receivable increased to CNY 17,590,690.95 from CNY 12,301,942.24 at the beginning of the year[15] - Inventory decreased to CNY 20,870,013.70 from CNY 24,095,543.86 at the beginning of the year[15] Cash and Cash Equivalents - The company’s cash and cash equivalents decreased by 31.75% to CNY 49,987,624.55 due to the purchase of structured deposits[8] - Cash and cash equivalents decreased to CNY 49,987,624.55 from CNY 73,237,005.25 at the beginning of the year[15] - The cash and cash equivalents at the end of the period amounted to CNY 49,987,624.55, compared to CNY 21,046,298.26 at the end of the previous year[24] Operating Costs - The total operating costs for Q1 2022 were CNY 35,418,861.66, compared to CNY 35,038,912.65 in the previous period[19] - The operating cost of goods sold was CNY 27,869,170.26, up from CNY 25,351,328.56 in the previous period[19] Prepayments - The company’s prepayments increased significantly by 347.55% to CNY 177,327.92, indicating a rise in advance payments for goods[8]

Financial Performance - The company's operating revenue for 2021 was ¥144,420,822.53, a decrease of 32.17% compared to ¥212,913,001.28 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥11,176,927.15, down 65.21% from ¥32,131,143.55 in 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2021 was ¥8,231,052.54, a decrease of 53.96% compared to ¥17,879,574.08 in 2020[21]. - The net cash flow from operating activities was ¥41,789,591.40, down 49.81% from ¥83,267,655.95 in the previous year[21]. - The basic earnings per share for 2021 was ¥0.07, representing a 65.00% decline from ¥0.20 in 2020[21]. - Total assets at the end of 2021 were ¥420,464,680.97, a decrease of 17.30% from ¥508,409,785.69 at the end of 2020[21]. - The company achieved total operating revenue of 144.42 million yuan, a year-on-year decrease of 32.17%[49]. - The net profit attributable to shareholders was 11.18 million yuan, down 65.21% year-on-year[49]. - The net cash flow from operating activities was 41.79 million yuan, a decline of 49.81% compared to the previous year[49]. - Sales revenue from cigarette labels reached 124.37 million yuan, representing a year-on-year decrease of 37.22%[51]. Business Expansion and Strategy - The company plans to increase its business scope to include property management and park management services, in addition to its existing operations[19]. - The company has expanded its business to include the research, production, and sales of medical devices and sanitary products[19]. - The company established strong partnerships with major tobacco manufacturers, including Zhejiang Zhongyan and Yunnan Zhongyan, enhancing its market position[30]. - The company is positioned to benefit from the increasing market concentration in the cigarette packaging industry as brand quality and environmental standards improve[35]. - The company aims to maintain stable growth in production, revenue, and profit in the cigarette label sector, leveraging technology and scale advantages to upgrade packaging products[106]. - The company plans to explore investment and acquisition opportunities in the new tobacco industry chain, focusing on the mid-to-upstream sectors[106]. - The company will adopt a diversified development strategy, aiming to invest in 1-2 new strategic directions beyond the traditional tobacco market[105]. Research and Development - The company holds 114 national patents and 27 registered trademarks, indicating strong R&D capabilities[44]. - The company has optimized its product structure and increased efforts in new product development, focusing on new materials and processes[51]. - The company has developed multiple new products, including a high-speed inspection machine and an intelligent temperature control system for ink, aimed at improving production efficiency[73]. - The company’s R&D investment amounted to ¥10,371,008.85, a decrease of 22.88% compared to ¥13,448,032.23 in 2020, while the R&D investment as a percentage of operating revenue increased to 7.18% from 6.32%[77]. - The number of R&D personnel decreased by 2.94% to 33 in 2021, while the proportion of R&D personnel increased to 17.39% from 14.35% in 2020[76]. Financial Management and Governance - The financial report has been confirmed as true, accurate, and complete by the company's management[4]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and financial operations[128]. - The company has established a robust internal control system, continuously improving governance levels in accordance with relevant laws and regulations[119]. - The company has a structured process for determining the remuneration of directors and senior management, requiring approval from the board and shareholders[145]. - The total remuneration for directors and senior management during the reporting period was zero, indicating no payments were made[146]. Market and Industry Insights - The overall scale of the tobacco packaging industry is approximately ¥300-400 billion, indicating significant market potential[31]. - In 2021, the commercial sales volume of cigarettes in China reached 4,820.41 million boxes, an increase of 0.55% year-on-year[32]. - The electronic cigarette industry in China saw exports reach ¥101.5 billion in 2021, with a compound annual growth rate of 60.7% from 2017 to 2021[35]. - The company faces risks from intensified market competition due to new tobacco regulations, which may impact traditional tobacco packaging volumes[108]. Corporate Social Responsibility - The company actively participates in social responsibility initiatives, including community clean-up activities and support for local public welfare[191]. - The company has adapted its production capabilities to manufacture protective masks in response to the pandemic, fulfilling its corporate social responsibility[193]. - The company has upgraded its waste gas treatment facilities, achieving significant improvements in emissions control[188]. - The company has obtained the "China Environmental Label Product Certification" to ensure compliance with environmental protection standards in production[189]. Shareholder and Management Engagement - During the reporting period, the company held three shareholder meetings, with participation rates of 64.92% for the annual meeting and 71.66% and 63.74% for the first and second extraordinary meetings, respectively[131]. - The board of directors held seven meetings during the reporting period, ensuring compliance with legal requirements and maintaining accurate meeting records[122]. - The company has not faced any penalties from securities regulatory agencies for its current or past directors and management[144]. - The company emphasizes compliance with national and local regulations regarding social insurance and housing funds for its employees[145].