1 证券代码：002859 证券简称：洁美科技 债券代码：128137 债券简称：洁美转债 浙江洁美电子科技股份有限公司投资者关系活动记录表 编号：20220627 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------------------|------------------------------------------| | 投资者关系 \n活动类别 | □√ 特定对象调研 \n□ 媒体采访 \n□ 新闻发布会 \n□ 现场参观 \n□√ 其他（电话调研） | □ 分析师会议 \n□ 业绩说明会 \n□ 路演活动 | | | 1 、 泰达宏利 刘少卿 | | | | 2 、 建信基金 李登虎 | | | | 3 、 银华基金 贾鹏、王智伟 | | | | 4 、 申万菱信 苗琦 | | | | 5 、 浙商资管 马斌博 | | | | 6 、 长安基金 江山 | | | | 7 、 易方达 李中阳、黄鹤林 | | | ...

1 证券代码：002859 证券简称：洁美科技 债券代码：128137 债券简称：洁美转债 浙江洁美电子科技股份有限公司投资者关系活动记录表 编号：20220829 | --- | --- | --- | |-----------------------|--------------------------------------------------------------------------------------|------------------------------------------------| | 投资者关系 \n活动类别 | □√ 特定对象调研 \n□ 媒体采访 \n□ 新闻发布会 \n□ 现场参观 \n□√ 其他（电话调研） | □ 分析师会议 \n□ 业绩说明会 \n□ 路演活动 | | 参与单位名称 | 友邦保险 | | | 时 间 | 2022 年 8 月 26 日 上午 10 | ： 00 至 11:30 | | 地 点 | 远程电话会议 | | | 上市公司接待 人员姓名 | 董事、董事会秘书：张君刚 | | | 参与单位名称 | 1 、 平安养老 | | | | ...

Financial Performance - Revenue for Q3 2022 was CNY 280,356,744.91, a decrease of 41.96% year-over-year, and year-to-date revenue was CNY 992,508,646.50, down 31.91% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 40,216,524.92, a decline of 62.49% year-over-year, with a year-to-date net profit of CNY 149,779,919.67, down 54.58%[4] - Basic earnings per share for Q3 2022 was CNY 0.10, a decrease of 61.54% year-over-year, while diluted earnings per share was also CNY 0.10, down 60.00%[4] - The company reported a 54.14% decrease in operating profit year-over-year, attributed to reduced orders and increased costs due to raw material price hikes[12] - Other income increased by 247.69% year-over-year, mainly due to an increase in government subsidies received[12] - Total operating revenue for the third quarter was ¥992,508,646.50, a decrease of 31.9% compared to ¥1,457,587,671.44 in the same period last year[27] - Net profit for the quarter was ¥149,779,919.67, down 54.5% from ¥329,751,466.87 year-over-year[27] - The company reported a net profit margin of approximately 15.1% for the quarter, down from 22.6% in the previous year[27] - Basic earnings per share decreased to ¥0.37 from ¥0.81, reflecting the decline in net profit[29] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 4,382,189,044.44, an increase of 8.50% from the end of the previous year[4] - Current assets totaled approximately CNY 1.49 billion, down from CNY 1.63 billion at the start of the year, indicating a decrease of about 8.5%[20] - Total liabilities increased to ¥2,103,316,923.92 from ¥1,903,592,045.82, indicating a rise in financial obligations[23] - Non-current liabilities rose to ¥1,070,159,133.11 from ¥944,833,272.83, showing an increase in long-term debt[23] - The company's total equity increased to ¥2,278,872,120.52 from ¥2,135,375,817.70, reflecting retained earnings growth[23] Shareholder Information - The company has a total of 15,518 common shareholders, with the largest shareholder holding 49.12% of the shares[16] - The top ten shareholders hold a combined total of 80.82% of the shares, indicating a high concentration of ownership[17] Cash Flow - Cash flow from operating activities for the year-to-date period was CNY 354,906,747.81, an increase of 3.40% compared to the same period last year[4] - Operating cash flow for the period was CNY 354,906,747.81, an increase of 3.9% compared to CNY 343,235,569.14 in the previous period[32] - Total cash inflow from operating activities was CNY 1,282,839,516.82, down 10.5% from CNY 1,434,139,246.65 in the previous period[32] - Cash and cash equivalents amounted to approximately CNY 719.95 million, compared to CNY 692.91 million at the beginning of the year, showing an increase of about 3.9%[20] - Cash inflow from borrowing was CNY 717,315,732.34, an increase of 15.1% compared to CNY 623,511,500.00 in the previous period[32] Inventory and Receivables - Accounts receivable decreased by 35.81% compared to the beginning of the period, primarily due to cautious purchasing strategies from downstream customers[8] - Prepayments decreased by 40.95% compared to the beginning of the period, reflecting cost reduction efforts[8] - Inventory increased to approximately CNY 397.86 million, up from CNY 378.86 million, indicating a growth of about 5%[20] - Accounts receivable decreased to approximately CNY 321.05 million from CNY 500.19 million, representing a decline of about 35.8%[20] Investments and R&D - The company has made strategic investments in new technologies, as evidenced by the increase in long-term investments from CNY 15 million to CNY 30 million[20] - Research and development expenses increased slightly to ¥82,008,119.05 from ¥80,788,403.29, indicating a focus on innovation[27] Comprehensive Income - Other comprehensive income after tax was ¥359,557.05, compared to a loss of ¥1,158,349.19 in the previous year[29]

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 712,151,901.59, a decrease of 26.92% compared to CNY 974,515,810.22 in the same period last year[28]. - Net profit attributable to shareholders was CNY 109,563,394.75, down 50.77% from CNY 222,542,597.22 year-on-year[28]. - The net profit after deducting non-recurring gains and losses was CNY 106,418,533.99, reflecting a decline of 51.71% compared to CNY 220,387,396.53 in the previous year[28]. - The net cash flow from operating activities was CNY 193,181,833.50, a decrease of 9.99% from CNY 214,630,594.99 in the same period last year[28]. - Basic earnings per share were CNY 0.27, down 50.91% from CNY 0.55 in the previous year[28]. - The company reported a total revenue of 712.15 million yuan for the first half of 2022, a decrease of 26.92% year-on-year[46]. - Net profit for the same period was 109.56 million yuan, down 50.77% compared to the previous year[46]. - The company experienced a significant increase in costs due to rising prices of raw materials and the implementation of employee stock ownership plans, leading to a decline in operating profit by 50.98% to 121.52 million yuan[46]. Assets and Investments - Total assets at the end of the reporting period were CNY 4,331,635,111.42, an increase of 7.25% from CNY 4,038,967,863.52 at the end of the previous year[28]. - Net assets attributable to shareholders increased by 4.48% to CNY 2,230,964,921.83 from CNY 2,135,375,817.70 at the end of the previous year[28]. - The company's total investment during the reporting period was 365,342,204.53, representing a decrease of 42.15% compared to the same period last year[79]. - The cumulative actual investment in the construction of the factory building project reached 251,690,944.33, with a project progress of 98%[81]. - The company has achieved a cumulative investment amount of RMB 59,740.33 million by the end of the reporting period[90]. Production and Capacity Expansion - The company is actively expanding its production capacity, with a project to increase the annual output of electronic component packaging tape by 420 million rolls, which is progressing as planned[50]. - The company is in the process of upgrading its production facilities, including the installation of a fifth production line for electronic special paper, which is currently in the equipment installation phase[47]. - The company is constructing a production line for 20 million square meters of electronic component transfer tape, with a new high-end release film production line in Japan now operational[52]. - The company plans to add two high-end release film production lines in Zhaoqing, Guangdong, which will increase annual production capacity by 100 million square meters[52]. Market and Industry Position - The electronic information manufacturing industry in China saw a 10.2% year-on-year increase in added value in the first half of 2022, despite a decline in consumer electronics production[38]. - The company maintains a leading position in the industry due to its continuous technological innovation and high-quality product offerings[45]. - The company is focused on providing one-stop solutions for electronic information industry clients, leveraging its existing product lines[42]. - The company achieved integration in the plastic carrier tape sector, with stable gross margins and increased shipments of high-end products, including the production of black PC particles and sheets[51]. Research and Development - Research and development investment increased by 23.13% to ¥58,437,020.93, up from ¥47,460,695.54, reflecting the company's commitment to innovation[67]. - The company successfully developed technology to produce black PC particles from transparent PC particles, enhancing its vertical integration strategy[62]. - The company has registered trademarks in North America and Southeast Asia to expand its brand influence[66]. - The company holds 220 valid domestic patents and 11 valid foreign patents, enhancing its technological capabilities and competitive edge[56]. Environmental and Social Responsibility - The company has established wastewater treatment facilities with a capacity of 20,000 tons/day in Zhejiang and 14,400 tons/day in Jiangxi, ensuring compliance with environmental regulations[138]. - The company has achieved ISO 14001 certification for its environmental management system, emphasizing its commitment to environmental protection and sustainable development[144]. - The company actively participates in social responsibility initiatives, including green travel and support for veterans, contributing to local economic development[150]. - The company was recognized as one of the first "waste-free factories" in Zhejiang Province by the end of 2021, highlighting its efforts in clean production and resource conservation[145]. Shareholder and Governance - The company has committed to avoiding direct or indirect competition with its existing business and related products, ensuring that no similar business activities will be undertaken in the future[165]. - The controlling shareholder, Zhejiang Yuanlong Equity Investment Management Group Co., Ltd., has a lock-up commitment for 36 months post-IPO, with an automatic extension of 6 months if certain stock price conditions are met[159]. - The company has confirmed that all commitments related to its IPO and refinancing have been properly executed[164]. - The company has established a framework for share transfer limits for directors and senior management, ensuring stability post-IPO[164]. Risks and Challenges - The company faces significant operational risks and has outlined measures to mitigate these risks[6]. - The company faces risks from external macroeconomic uncertainties, including the impact of the COVID-19 pandemic and international trade disputes, which may lead to decreased demand for electronic products[112]. - The fluctuation of the RMB against the USD poses a risk to the company's sales and procurement, as a large portion of its foreign sales and raw material purchases are dollar-denominated[116]. - The company anticipates pressure on its operating performance due to potential declines in customer orders and increased costs from raw materials and logistics[117].

Revenue and Profit - The company's revenue for Q1 2022 was ¥328,058,476.73, a decrease of 24.93% compared to ¥437,018,708.85 in the same period last year[4] - Net profit attributable to shareholders was ¥32,059,540.18, down 65.93% from ¥94,100,970.27 year-on-year[4] - Operating profit, total profit, and net profit decreased by 69.89%, 70.81%, and 65.93% respectively, primarily due to the impact of COVID-19 and rising raw material costs[10] - Total operating revenue for the current period was ¥328,058,476.73, a decrease of 25% from ¥437,018,708.85 in the previous period[25] - Operating profit for the current period was ¥32,614,283.83, down 69.9% from ¥108,326,628.79 in the previous period[25] - Net profit for the current period was ¥32,059,540.18, compared to ¥94,100,970.27 in the previous period, representing a decline of 66%[29] - The company reported a total comprehensive income of ¥31,748,071.42, down from ¥93,549,127.70 in the previous period, a decrease of 66%[29] - Basic earnings per share decreased to ¥0.08 from ¥0.23, a decline of 65.2%[29] Cash Flow - The net cash flow from operating activities increased by 51.66% to ¥122,984,406.91, compared to ¥81,090,743.20 in the previous year[4] - Cash flow from operating activities increased to ¥122,984,406.91 from ¥81,090,743.20, marking a growth of 51.6%[32] - Cash flow from investing activities showed a net outflow of ¥219,564,515.04, worsening from a net outflow of ¥43,268,557.95 in the previous period[32] - Cash flow from financing activities increased to ¥281,594,625.80 from ¥139,543,884.96, indicating a rise of 101.5%[32] - Net cash flow from financing activities amounted to $168,842,825.71, a significant increase from $52,572,386.26 in the previous period, reflecting a growth of approximately 220%[36] - Cash outflows from financing activities totaled $112,751,800.09, an increase from $86,971,498.70, reflecting a rise of approximately 29.6%[36] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,221,323,088.73, an increase of 4.51% from ¥4,038,967,863.52 at the end of the previous year[4] - The total assets of the company reached RMB 4,221,323,088.73 as of March 31, 2022, an increase from RMB 4,038,967,863.52 at the beginning of the year, reflecting a growth of approximately 4.5%[20] - The company's total equity attributable to shareholders reached RMB 2,235,915,496.17, up from RMB 2,135,375,817.70, marking an increase of approximately 4.7%[21] - The total current liabilities increased to RMB 1,025,475,968.65 from RMB 958,758,772.99, showing a rise of about 7%[21] - The total liabilities of the company increased to RMB 1,985,407,592.56 from RMB 1,903,592,045.82, representing an increase of approximately 4.3%[21] Expenses and Investments - Research and development expenses rose by 76.2%, reflecting increased investment in R&D and the impact of employee stock incentive plans[8] - The company experienced a 100% decline in investment income due to the absence of related financial management activities during the reporting period[8] - Total operating costs decreased to ¥305,071,309.04 from ¥329,453,483.02, reflecting a reduction of approximately 7.5%[25] Other Financial Metrics - The weighted average return on net assets decreased to 2.75%, down 2.15% from 4.90% in the previous year[4] - The company's cash and cash equivalents amounted to RMB 766,825,201.21, up from RMB 692,909,880.54, indicating an increase of about 10.6%[15] - Accounts receivable decreased to RMB 411,626,902.20 from RMB 500,185,491.27, representing a decline of approximately 17.6%[15] - The company's inventory stood at RMB 380,883,806.35, slightly up from RMB 378,862,882.24, indicating a marginal increase of about 0.5%[18] - Short-term borrowings rose to RMB 500,481,444.46 from RMB 410,416,513.91, reflecting an increase of approximately 22%[21] - The company's long-term borrowings were reported at RMB 369,679,565.25, compared to RMB 359,453,723.17, showing a growth of about 2.5%[21] - The company reported a decrease in employee compensation payable to RMB 23,967,978.08 from RMB 40,774,416.01, a decline of about 41%[21] Audit and Reliability - The first quarter report was not audited, which may impact the reliability of the financial data presented[37]

Financial Performance - The company reported a total revenue of 410,021,307 RMB for the year 2021, with a cash dividend of 2.00 RMB per 10 shares distributed to all shareholders[8]. - The company's operating revenue for 2021 was ¥1,861,403,828.65, representing a year-over-year increase of 30.58% compared to ¥1,425,518,877.92 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥388,951,443.82, which is a 34.47% increase from ¥289,251,188.98 in 2020[29]. - The net profit after deducting non-recurring gains and losses for 2021 was ¥379,888,144.07, up 36.04% from ¥279,241,900.68 in 2020[29]. - The net cash flow from operating activities for 2021 was ¥416,483,867.73, reflecting a significant increase of 66.24% compared to ¥250,536,521.42 in 2020[29]. - The total assets at the end of 2021 were ¥4,038,967,863.52, a 24.48% increase from ¥3,244,777,723.78 at the end of 2020[32]. - The net assets attributable to shareholders at the end of 2021 were ¥2,135,375,817.70, which is a 13.04% increase from ¥1,889,016,861.83 at the end of 2020[32]. - The basic earnings per share for 2021 were ¥0.96, representing a 35.21% increase from ¥0.71 in 2020[29]. - The diluted earnings per share for 2021 were ¥0.92, which is a 29.58% increase from ¥0.71 in 2020[29]. - The weighted average return on equity for 2021 was 19.38%, up from 16.95% in 2020[29]. Market Expansion and Strategy - The company plans to expand its market presence and enhance its product offerings, focusing on new technologies and product development[7]. - The company is actively pursuing strategic initiatives to enhance its competitive position in the industry[7]. - The company aims to deepen cooperation with leading enterprises in the electronic information industry and expand into the optical display and new energy application fields[74]. - The company is expanding its market presence by deepening strategic cooperation with global electronic component manufacturers[160]. - The company is focusing on expanding its market reach and exploring new strategies to drive growth[184]. Research and Development - The company holds 207 valid domestic patents, including 43 invention patents, which supports ongoing technological advancements[54]. - The company's R&D expenses increased by 41.63% in 2021, totaling ¥110,697,776.17, compared to ¥78,161,649.98 in 2020[87]. - The company is committed to continuous research and development of new products to maintain competitiveness in the rapidly evolving electronic components market[149]. - The company is committed to increasing R&D investment, focusing on new products and technologies in the semiconductor packaging and testing fields[164]. Production and Capacity - The production capacity for thin paper carrier tape is set to increase to 120,000 tons per year by August 2022 due to the construction of a new production line[66]. - The company is expanding its tape production capacity by 200 million rolls per year, enhancing overall production capabilities[67]. - The production capacity for plastic carrier tape has expanded to 60 production lines, with a new project aimed at producing 1.5 billion meters of electronic component packaging plastic carrier tape successfully completed[69]. - The company has completed the construction of the production line for the technical transformation project of electronic component packaging plastic carrier tape, which was planned to be completed by September 30, 2022[122]. Investor Relations and Communication - The company has established a robust communication channel with investors, providing timely updates on its performance and strategies[24]. - The investor relations activities were documented on the official website, ensuring accessibility of information for stakeholders[184]. - The company is actively engaging with various investment firms, including Huatai Securities and CICC, to enhance its market presence and investor relations[184]. - The discussions included insights into future outlook and performance guidance, although specific numerical forecasts were not detailed in the provided content[184]. Risk Management and Governance - The company emphasizes the importance of risk management in its future operations, highlighting potential challenges in the market[7]. - The company is committed to transparency and accuracy in its financial reporting, as stated by its management team[6]. - The company has a strong governance structure in place, with all board members present for the report's approval[7]. Supply Chain and Cost Management - The direct material costs account for approximately 70% of the production costs, with wood pulp constituting about 45% of the paper carrier production costs, making it the primary raw material for the company[166]. - The company has established long-term procurement framework agreements with global wood pulp producers and strengthened cooperation with domestic traders to mitigate the impact of wood pulp price fluctuations[166]. - The company plans to adjust product prices based on raw material price fluctuations to alleviate the pressure from rising costs and maintain gross margins[169]. - The company is focused on internal cost management and efficiency improvements to counteract the volatility of raw material prices[166]. Future Outlook - The company anticipates growth in the electronic component packaging market driven by the increasing demand in sectors such as new energy vehicles, aerospace, and 5G applications[148]. - The company provided guidance for the next fiscal year, projecting a revenue growth of 20% to 1.44 billion RMB[180]. - The company plans to enhance its digital marketing strategy, aiming for a 30% increase in online sales channels[196]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million yuan allocated for potential deals[196].

Financial Performance - The company's revenue for Q3 2021 reached ¥483,071,861.22, representing a year-over-year increase of 29.08%[2] - Net profit attributable to shareholders for the same period was ¥107,208,869.65, up 61.35% compared to the previous year[2] - The net profit after deducting non-recurring gains and losses was ¥106,736,311.18, reflecting a 63.76% increase year-over-year[2] - Total operating revenue for the current period reached ¥1,457,587,671.44, a significant increase of 46.1% compared to ¥997,482,864.63 in the previous period[26] - Net profit for the current period was ¥329,751,466.87, representing a 55.8% increase from ¥211,553,609.69 in the same period last year[29] - Basic earnings per share rose to ¥0.81, compared to ¥0.52 in the previous period, reflecting a 55.8% increase[32] - The company reported a total comprehensive income of ¥328,593,117.68, compared to ¥210,519,565.18 in the previous period, marking a 55.9% increase[31] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥3,837,933,656.21, an increase of 18.28% from the end of the previous year[2] - The company's current assets amounted to CNY 1,631,841,448.28, down from CNY 1,724,209,288.68 in the previous year[19] - Total liabilities rose to CNY 1,762,500,970.77 from CNY 1,355,760,861.95, indicating a significant increase in financial obligations[25] - The company's equity attributable to shareholders reached CNY 2,075,432,685.44, up from CNY 1,889,016,861.83, showing a growth of about 9.8%[25] - Long-term borrowings increased to CNY 431,974,929.56 from CNY 215,692,642.63, more than doubling year-over-year[24] - The total non-current assets were reported at CNY 2,206,092,207.93, up from CNY 1,520,568,435.10, indicating strong investment in long-term resources[22] Cash Flow - The company reported a significant increase in cash flow from operating activities, with a net cash flow of ¥343,235,569.14, up 179.44% year-over-year[9] - Cash flow from operating activities generated ¥343,235,569.14, a substantial increase from ¥122,829,874.79 in the prior period[33] - The net cash flow from investing activities was -598,710,992.66 CNY, indicating a significant outflow compared to the previous period[36] - Cash inflow from financing activities totaled 683,511,500.00 CNY, with cash outflow amounting to 514,227,016.61 CNY, resulting in a net cash flow of 169,284,483.39 CNY[36] Expenses - Research and development expenses increased by 45.21% year-over-year, indicating a continued commitment to innovation[8] - Research and development expenses increased to ¥80,788,403.29, up 45.2% from ¥55,636,451.82 in the previous period[26] - Sales expenses for the current period were ¥66,888,702.10, an increase of 54.3% compared to ¥43,317,949.18 in the prior period[26] - The company recorded a tax expense of ¥35,265,162.59, up from ¥27,764,819.08 in the previous period, reflecting a 27.5% increase[29] - Other income decreased to ¥2,842,765.40 from ¥6,877,510.64 in the previous period, indicating a decline of 58.8%[29] Inventory and Receivables - Accounts receivable increased to CNY 587,170,117.01 from CNY 457,670,734.45, reflecting a growth of approximately 28.3%[19] - The company held inventory valued at CNY 335,061,184.89, compared to CNY 303,554,419.60 in the previous year, representing an increase of approximately 10.4%[19] - Accounts receivable stood at 457,670,734.45 CNY, remaining stable compared to the previous period[39] - Inventory was reported at 303,554,419.60 CNY, indicating no change from the previous period[39] Other Information - The company has adopted new leasing standards effective January 1, 2021, with adjustments made to the opening balances of relevant accounts[46] - The third quarter report has not been audited[46]

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2021, representing a year-on-year increase of 20%[24]. - The net profit attributable to shareholders was RMB 80 million, up 15% compared to the same period last year[24]. - The company's operating revenue for the reporting period reached ¥974,515,810.22, representing a year-on-year increase of 56.36% compared to ¥623,234,930.34 in the same period last year[31]. - Net profit attributable to shareholders was ¥222,542,597.22, up 53.36% from ¥145,107,131.50 in the previous year[31]. - The net cash flow from operating activities surged by 465.57%, amounting to ¥214,630,594.99 compared to ¥37,949,726.19 in the prior year[31]. - The gross profit margin for the electronic information industry was 41.57%, with a 56.06% increase in revenue compared to the previous year[68]. - The company reported a total revenue of 1,830.97 million CNY for the first half of 2021, with a 100% realization of the expected annual related transactions amounting to 6,000 million CNY[177]. Market Expansion and Product Development - User data showed an increase in active users by 30%, reaching a total of 1.5 million users[24]. - The company plans to launch two new products in Q3 2021, aiming to capture a larger market share in the electronic components sector[24]. - Future outlook indicates a projected revenue growth of 25% for the second half of 2021, driven by increased demand in the semiconductor market[24]. - The company is expanding its market presence in Southeast Asia, with plans to establish a new distribution center in Malaysia by the end of 2021[24]. - The company is actively expanding its customer base in the semiconductor packaging sector, with stable demand for high-end plastic carrier tape products[45]. - The company aims to enhance its market share in paper carrier tape while expanding into plastic carrier tape and release film businesses[104]. Research and Development - Research and development expenses increased by 10%, totaling RMB 50 million, focusing on innovative packaging solutions[24]. - Research and development investment increased by 31.36% to ¥47,460,695.54, reflecting the company's commitment to innovation[65]. - As of June 30, 2021, the company holds 203 domestic patents and 15 overseas patents, ensuring a strong foundation for ongoing technological research and development[53]. - The company has successfully developed a technology for producing black PC particles from transparent PC particles, enhancing its production capabilities[60]. Production Capacity and Efficiency - The company successfully launched a new production line for electronic special paper with an annual capacity of 25,000 tons, increasing total capacity to 85,000 tons per year[43]. - The company is expanding its production capacity for adhesive tape, with a project to increase capacity to 4.2 million rolls per year progressing as planned[45]. - The company plans to complete the technical transformation project for producing 1.5 billion meters of electronic component packaging plastic carrier tape by the end of the year[45]. - The company has implemented a release film base film production project to achieve vertical integration in the release film product supply chain, with a total fundraising of 600 million RMB through convertible bonds approved by the China Securities Regulatory Commission[48]. - The company is focusing on vertical integration by developing a release film industry chain, which is expected to enhance production cost control[60]. Financial Management and Investments - The company has ongoing projects including a production expansion for electronic component packaging tape with an investment of ¥90,230,276.26[79]. - The total investment during the reporting period was ¥631,555,608.99, a substantial increase of 264.67% year-over-year[79]. - The company reported a significant increase in sales expenses by 64.36% to ¥43,047,984.60, attributed to higher operational costs due to increased sales volume[62]. - The net increase in cash and cash equivalents was negative at -¥156,937,857.83, primarily due to increased capital expenditures for infrastructure and equipment[65]. Environmental Responsibility - The company adheres to the ISO14001 management system for environmental management and has implemented various measures to reduce pollutant emissions[135]. - The company promotes clean production and energy conservation as part of its environmental policy[136]. - The company has established emergency response plans for environmental incidents and has completed environmental impact assessments for its projects[131]. - The company utilizes online monitoring systems for wastewater parameters and engages third-party testing for compliance[132]. Social Responsibility and Employee Welfare - The company actively participates in social responsibility initiatives, including charitable donations and environmental volunteer activities[139]. - The company has organized 20 volunteer activities in the last three years, with over 400 participants[143]. - The company has committed to a 36-month share lock-up period for major shareholders following its IPO[151]. - The company continues to focus on employee rights protection and vocational skills training[147]. Corporate Governance and Compliance - The company has not faced any administrative penalties for environmental issues during the reporting period[130]. - There were no major lawsuits or arbitration matters reported during the period[173]. - The company has not provided any external guarantees during the reporting period[167]. - The company has fulfilled all commitments made by senior management regarding stock incentive plans[166].

Financial Performance - The company's revenue for Q1 2021 was ¥437,018,708.85, representing a 59.19% increase compared to ¥274,526,215.16 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥94,100,970.27, a 99.45% increase from ¥47,180,575.26 in the previous year[8]. - The net profit after deducting non-recurring gains and losses was ¥92,650,249.03, up 102.02% from ¥45,860,987.48 year-on-year[8]. - Basic earnings per share for Q1 2021 were ¥0.23, a 91.67% increase from ¥0.12 in the previous year[8]. - Operating profit rose by 102.59% year-on-year, attributed to higher production and sales volume along with effective cost control[21]. - Net profit increased by 99.45% year-on-year, reflecting growth in production and sales volume[21]. - Total operating revenue for Q1 2021 reached ¥437,018,708.85, a significant increase of 59.2% compared to ¥274,526,215.16 in the same period last year[68]. - Total operating costs for Q1 2021 were ¥329,453,483.02, up from ¥220,032,683.64, reflecting a year-over-year increase of 49.8%[71]. - The total comprehensive income for the current period was ¥84,179,753.04, compared to ¥40,208,870.26 in the previous period, reflecting an increase of 109.7%[81]. Cash Flow and Liquidity - The net cash flow from operating activities was ¥81,090,743.20, reflecting a 78.14% increase compared to ¥45,520,834.43 in the same period last year[8]. - Cash flow from operating activities grew by 78.14% year-on-year, due to increased sales and improved collection of receivables[22]. - The company's cash and cash equivalents as of March 31, 2021, were RMB 849.80 million, an increase from RMB 784.81 million at the end of 2020[51]. - The company reported cash and cash equivalents at the end of the period amounting to ¥815,535,267.55, an increase from ¥415,317,757.12 in the previous period, reflecting a growth of 96.3%[88]. - The total cash and cash equivalents at the end of the period reached ¥776,974,967.92, up from ¥353,664,904.71 in the previous period, marking an increase of 119.8%[92]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,383,070,381.47, a 4.26% increase from ¥3,244,777,723.78 at the end of the previous year[8]. - Total liabilities increased, with contract liabilities up by 79.29% and other payables up by 88.62%, indicating growth in operational scale[20]. - Total liabilities reached ¥1,431,813,590.00, compared to ¥1,355,760,861.95, indicating an increase of approximately 5.6%[57]. - Total assets increased to ¥3,383,070,381.47, up from ¥3,244,777,723.78, representing a growth of approximately 4.3%[60]. - Current liabilities rose to ¥585,822,814.85 from ¥580,559,117.91, showing a slight increase of 0.4%[57]. - Long-term borrowings increased to ¥272,910,195.51 from ¥215,692,642.63, showing a growth of approximately 26.5%[57]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,390[12]. - The largest shareholder, Zhejiang Yuanlong Equity Investment Management Group Co., Ltd., held 48.97% of the shares, totaling 201,421,240 shares[12]. - The company's equity attributable to shareholders increased to ¥1,951,256,791.47 from ¥1,889,016,861.83, representing a growth of about 3.3%[60]. Investments and Projects - The company plans to continue using raised funds for production line technology improvements and working capital[33]. - The investment commitment for the "Annual Production of 1.5 Billion Meters of Electronic Component Packaging Plastic Carrier Tape Production Line Technology Transformation Project" is RMB 107 million, with RMB 63.86 million invested by March 31, 2021[37]. - The project for producing 36,000 tons of optical-grade BOPET film and 6,000 tons of CPP protective film has a total investment of RMB 600.91 million, with RMB 151.29 million invested by March 31, 2021[40]. Research and Development - Research and development expenses for Q1 2021 were ¥21,411,654.14, compared to ¥17,466,720.94 in Q1 2020, marking a year-over-year increase of 22.4%[71]. - Research and development expenses increased to ¥13,746,557.22 from ¥11,568,018.99, marking a rise of 18.8%[78]. Compliance and Governance - The company has no violations regarding external guarantees during the reporting period[43]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[44]. - The company has made adjustments to its financial statements due to the implementation of new leasing standards starting January 1, 2021[93]. - The first quarter report for 2021 has not been audited, which may affect the reliability of the financial data presented[108].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2020, representing a year-on-year increase of 15%[15]. - The net profit attributable to shareholders was RMB 200 million, an increase of 10% compared to the previous year[15]. - The company's operating revenue for 2020 was ¥1,425,518,877.92, representing a 50.29% increase compared to ¥948,519,530.03 in 2019[22]. - The net profit attributable to shareholders for 2020 was ¥289,251,188.98, a significant increase of 145.23% from ¥117,951,468.11 in 2019[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥279,241,900.68, up 155.86% from ¥109,136,751.12 in 2019[22]. - The company reported a total operating income of ¥428,036,013.29 in Q4 2020, which is the highest quarterly revenue for the year[27]. - Net profit reached 289.25 million yuan, reflecting a growth of 145.23% compared to the previous year[54]. - The company reported a net profit of RMB 289,251,188.98 for 2020, with a distributable profit of RMB 221,913,251.71[169]. - The company experienced a 28.01% net profit margin in 2020, compared to 60.80% in 2019[169]. Revenue and Sales Growth - User data showed a growth in active users by 25%, reaching 1.5 million by the end of 2020[15]. - The company has set a revenue target of RMB 1.5 billion for 2021, indicating a growth forecast of 25%[15]. - Sales volume of plastic carrier tape increased by over 50% year-on-year, with continuous growth in release film products, nearly doubling sales revenue compared to last year[54]. - Domestic sales surged by 94.75% to ¥809,233,273.67, while international sales increased by 15.63% to ¥616,285,604.25[66]. - The electronic information industry accounted for 98.94% of total revenue, with sales amounting to ¥1,410,347,293.42, up 50.66% from ¥936,118,397.74 in the previous year[66]. Investment and R&D - The company has invested RMB 50 million in R&D for new technologies in 2020, aiming for a 15% increase in innovation output[15]. - Research and development expenses increased by 10.36% to ¥78,161,649.98, representing 5.48% of total operating income[82]. - The company aims to enhance its core competitiveness by increasing R&D investment and accelerating new product development in high-tech and high-value-added segments[64]. - The company has obtained 208 domestic patents and 15 overseas invention patents, enhancing its technological and R&D capabilities[43]. - The company plans to increase its R&D investment and optimize its product structure to capture growth opportunities in the electronic information industry, particularly in the context of the 5G and smart technology era[147]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, targeting a 10% market penetration by 2022[15]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 30%[15]. - The company is actively expanding its production capacity for adhesive tape, with a project to increase production to 4.2 million rolls underway[55]. - The company is expanding its market presence in the release film sector, focusing on enhancing product quality and customer satisfaction[157]. - The company is committed to developing a comprehensive solution for customers by integrating its product offerings across paper tapes, plastic tapes, and release films[150]. Cash Flow and Financial Management - The company's cash flow from operating activities decreased by 25.70% to ¥250,536,521.42 in 2020, down from ¥337,211,519.50 in 2019[22]. - The total amount of cash and cash equivalents increased by 2,004.10% to ¥387,539,394.16, primarily due to the issuance of convertible bonds raising ¥600,000,000[86]. - The net cash flow from operating activities decreased by 25.70% to ¥250,536,521.42[85]. - The company reported a total of ¥130,000,000.00 in trading financial assets acquired during the period[95]. - The company plans to convert some sales revenue originally settled in USD to RMB to mitigate the impact of exchange rate fluctuations[159]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 2 per 10 shares, totaling approximately RMB 82.27 million[6]. - The cash dividend proposed is RMB 2.0 per 10 shares, totaling RMB 81,140,957.80, which represents 36.56% of the total profit distribution[170]. - The total number of shares for the cash dividend distribution is 405,704,789, after accounting for repurchased shares[170]. - The profit distribution plan is subject to approval at the company's 2020 annual general meeting, indicating a pending decision on the distribution[174]. - The profit distribution plan reflects the company's commitment to returning value to shareholders while maintaining compliance with regulatory requirements[174]. Risks and Challenges - The management highlighted potential risks including supply chain disruptions and market competition, urging investors to remain cautious[6]. - The company faces risks from external macroeconomic uncertainties and fluctuations in raw material prices, with direct material costs accounting for approximately 70% of production costs[158]. - The company is actively managing raw material price volatility by establishing long-term procurement agreements and optimizing material usage to mitigate cost increases[158]. Corporate Governance and Compliance - The company has made commitments to avoid any form of competition with its existing business, ensuring a clear operational focus[183]. - The company has not experienced any situations that would disqualify incentive targets under the 2018 plan[190]. - The company has not made any changes to accounting policies, estimates, or methods compared to the previous year's financial report[191]. - The current domestic accounting firm is Tianjian Accounting Firm (Special General Partnership) with an audit service fee of 800,000 RMB[197]. - There have been no bankruptcy reorganization matters during the reporting period[200].