证券代码：002917 证券简称：金奥博 深圳市金奥博科技股份有限公司 投资者关系活动记录表 编号：2022-011 | --- | --- | --- | |-------------------------------|-----------------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | ■特定对象调研 □分析师会议 | | | 投资者关 | □媒体采访 □业绩说明会 | | | 系活动类 | □新闻发布会 | □路演活动 | | 别 | □现场参观 ■其他（线上会议） | ...

证券代码：002917 证券简称：金奥博 公告编号：2022-132 深圳市金奥博科技股份有限公司 关于参加深圳辖区上市公司2022年投资者网上集体接待日 活动的公告 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、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，深圳市金奥博科技股份有限公司（以下 简称"公司"）将参加由深圳证监局指导、深圳上市公司协会与深圳市全景网络 有限公司联合举办的"2022 年深圳辖区上市公司投资者集体接待日活动"，现 将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2022 年 11 月 9 日（周三）16:30-17:30。届时 公司高管将在线就公司业绩、公司治理、发展战略、经营状况、融资计划、股权 激励和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投 资者踊跃参与。 特此公告。 深圳市金奥博科技股份有限公司 董事会 2022 年 11 月 2 日 ...

深圳市金奥博科技股份有限公司 2022 年第三季度报告 证券代码：002917 证券简称：金奥博 公告编号：2022-129 深圳市金奥博科技股份有限公司 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 深圳市金奥博科技股份有限公司 2022 年第三季度报告 一、主要财务数据 单位：元 项目 本报告期金额 年初至报告期期末 金额 说明 非流动资产处置损益（包括已计提资 产减值准备的冲销部分） -167,779.89 -168,285.22 计入当期损益的政府补助（与公司正 常经营业务密切相关，符合国家政策 规定、按照一定标准定额或定量持续 享受的政府补助除外） 2,285,456.49 4,979,950.56 占年初 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥559,519,087.30, representing a 79.14% increase compared to ¥312,337,481.55 in the same period last year[22]. - The net profit attributable to shareholders of the listed company decreased by 35.97% to ¥25,263,408.84 from ¥39,456,932.39 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 40.87% to ¥19,342,356.70 compared to ¥32,713,758.94 in the same period last year[22]. - The net cash flow from operating activities improved significantly, reaching ¥23,388,253.08, a 280.91% increase from a negative cash flow of ¥12,927,915.66 in the previous year[22]. - The total assets of the company increased by 37.36% to ¥2,954,448,384.05 from ¥2,150,834,305.06 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company rose by 89.61% to ¥1,459,877,685.03 from ¥769,948,155.44 at the end of the previous year[22]. - Basic earnings per share decreased by 48.14% to ¥0.0754 from ¥0.1454 in the same period last year[22]. - The diluted earnings per share also decreased by 48.14% to ¥0.0754 from ¥0.1454 in the previous year[22]. - The weighted average return on net assets dropped to 1.87%, down 3.19% from 5.06% in the same period last year[22]. Revenue Sources - Revenue from industrial explosives and detonators increased by 279.19% and 196.94% respectively compared to the same period last year[32]. - The revenue from civil explosive products surged by 243.75% to CNY 297,930,797.99, accounting for 53.25% of total revenue[73]. - The company reported a significant increase in foreign revenue, which rose by 622.03% to CNY 10,531,751.37, compared to CNY 1,458,627.27 in the previous year[73]. - The average price of industrial ammonium nitrate was 3,108 yuan/ton, up 47.44% year-on-year[33]. Investments and Acquisitions - The company completed the acquisition of 52.77% equity and related debts of Taishan Minexplosion, adding an annual production capacity of 95 million detonators and 60 million meters of plastic detonating cord[31]. - The company completed a non-public offering of 76,270,197 shares, raising a total of RMB 695,584,196.64, with a net amount of RMB 684,928,694.72 after deducting issuance costs[37]. - The company has completed the acquisition of a subsidiary, enhancing its product offerings in the civil explosive materials sector[94]. - The company acquired a 52.7711% stake and RMB 83,956,845.13 in debt of Shandong Taishan Explosive Materials Co., Ltd. through public bidding[165]. - The company also acquired a 73.61% stake in Tianjin Taiketon Civil Explosive Materials Co., Ltd. through public bidding[165]. Production Capacity and Technological Advancements - The company’s subsidiary completed the technological transformation of production lines, increasing the production capacity of emulsified explosives from 12,000 tons to 21,000 tons annually[34]. - The company’s joint research project on "JK-Ⅱ type unmanned emulsified explosive production technology and equipment" achieved international leading technology status[35]. - The production capacity of industrial explosives has shown growth, with a total output of 2.1017 million tons and sales of 2.0941 million tons, representing year-on-year increases of 1.75% and 2.11% respectively[53]. - The production of on-site mixed explosives reached 736,400 tons, marking a year-on-year increase of 15.15%[53]. - The company has developed the JWL-BCZH model multi-functional explosive vehicle system, which enhances blasting efficiency and reduces on-site personnel by utilizing advanced technologies such as a composite silo and remote control devices[46]. Financial Management and Fundraising - The company has established a fundraising management system and signed a regulatory agreement with banks and sponsors to ensure proper use of the raised funds[104]. - The total amount raised from the non-public offering of shares was RMB 695,584,196.64, with a net amount of RMB 684,928,694.72 after deducting issuance costs[103]. - The company plans to raise up to 69,558.42 million yuan through a non-public offering of A shares, with funds allocated for various projects including explosive engineering services and production line upgrades[159]. - The company has no significant overdue or unrecovered financial management funds[158]. Market Expansion and Strategic Focus - The company is actively pursuing market expansion through mergers and acquisitions within the explosive industry to enhance its technological advantages and resource integration[62]. - The company is focusing on developing a high-quality talent team to meet the increasing demands for safety and technology in the explosive industry[68]. - The company is expanding into the environmental protection and energy-saving sectors, providing consulting and operational services in the new energy field[39]. - The company is committed to developing complementary and alternative raw materials to mitigate the risks associated with raw material price fluctuations[118]. Corporate Governance and Social Responsibility - The company actively engages in social responsibility, ensuring the protection of shareholder rights and enhancing corporate governance[131]. - Employee welfare initiatives include regular health check-ups and safety training, contributing to a harmonious labor relationship[132]. - The company participated in rural revitalization efforts, including a donation of 100,000 yuan to support local poverty alleviation initiatives[133]. - The company has established a comprehensive safety management system, including emergency response plans and regular safety training, ensuring safety production goals are met[83]. Environmental Compliance - The company has established environmental impact assessment reports and obtained necessary approvals for its projects, including pollution discharge permits[129]. - No administrative penalties were imposed on the company during the reporting period due to environmental issues[130].

Financial Performance - The company's operating revenue for 2021 was ¥815,109,837.12, representing a year-over-year increase of 28.76% compared to ¥633,044,048.75 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥39,899,531.42, a decrease of 41.77% from ¥68,523,127.72 in 2020[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥27,170,567.78, down 48.43% from ¥52,688,282.25 in 2020[21]. - The net cash flow from operating activities increased by 66.13% to ¥30,111,997.09 in 2021, compared to ¥18,125,899.84 in 2020[21]. - Total assets at the end of 2021 reached ¥2,150,834,305.06, an increase of 81.06% from ¥1,187,906,436.37 at the end of 2020[22]. - The net assets attributable to shareholders at the end of 2021 were ¥769,948,155.44, a slight increase of 1.25% from ¥760,419,874.84 at the end of 2020[22]. - The company reported a basic earnings per share of ¥0.1470 for 2021, down 41.78% from ¥0.2525 in 2020[21]. - The weighted average return on equity for 2021 was 5.20%, a decrease of 4.23% from 9.43% in 2020[21]. - The company experienced a net loss in the fourth quarter of 2021, with a net profit of -¥5,901,883.35, compared to a profit of ¥27,738,054.30 in the second quarter[25]. Business Operations - The company has not changed its main business since its listing, indicating stability in operations[19]. - The company has a total of 100% ownership in several subsidiaries, including Shenzhen King Explorer Information Technology Co., Ltd. and Anhui King Explorer New Materials Technology Co., Ltd.[15]. - The company has not experienced any changes in its controlling shareholders since its establishment, reflecting stability in ownership[19]. - The company’s stock is listed on the Shenzhen Stock Exchange under the code 002917, indicating its public trading status[15]. - The company completed a major asset restructuring with Beijing Jingmei Group, adding 76,000 tons/year of industrial explosives capacity and 30 million detonators/year[39]. - The company has established nearly 170 production lines domestically and over 20 production lines in Southeast Asia, Central Asia, Europe, and Africa[45]. - The company has expanded its international presence, constructing over 20 production lines in countries such as Russia, Algeria, and Vietnam, enhancing its brand influence in the global market[62]. Research and Development - The company aims to enhance its competitive position in the market through automation and intelligent production processes in its R&D projects[86]. - The company is focusing on the integration of research, production, and blasting services to enhance digital and intelligent manufacturing capabilities[38]. - The company has established a post-doctoral innovation practice base in Shenzhen to support talent development[65]. - The company aims to optimize its research and production resources through mergers and acquisitions within the civil explosive industry, promoting a comprehensive industrial ecosystem[57]. - The company is committed to increasing R&D investment and enhancing technological innovation to maintain its market leadership amid rising competition in the civil explosives equipment industry[119]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the report[4]. - The company recognizes the risks associated with macroeconomic fluctuations affecting demand for civil explosives and plans to adjust its product structure accordingly to mitigate negative impacts[118]. - The company faces risks related to raw material price fluctuations, particularly for composite wax and ammonium nitrate, and will implement strategies to stabilize procurement costs[122]. - The company emphasizes the importance of safety management in its core business of civil explosives, establishing a comprehensive safety management system to mitigate production risks[121]. Corporate Governance - The company has established effective internal control measures for securities investment and derivative trading to mitigate investment risks[104]. - The company has conducted four shareholder meetings during the reporting period, ensuring compliance with legal and regulatory requirements to protect shareholder rights[126]. - The company held 8 board meetings during the reporting period, with a board consisting of 8 members, including 3 independent directors, complying with legal and regulatory requirements[127]. - The company has established various specialized committees under the board to provide professional opinions and references for decision-making[127]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance, ensuring no reliance on the controlling shareholder for sales or procurement[130]. Employee Relations - The total number of employees at the end of the reporting period was 1,683, including 131 at the parent company and 1,522 at major subsidiaries[158]. - The company emphasizes employee rights protection, providing a safe working environment and various benefits, including social insurance and regular health check-ups[176]. - The company actively engages in employee training and development, fostering a culture of growth and internal cohesion[176]. - The total remuneration for directors, supervisors, and senior management amounted to CNY 6.06 million[148]. - The company has a structured decision-making process for determining executive compensation[148]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[145]. - The company plans to expand its market presence, targeting a 10% increase in market share within the next year[145]. - Future guidance includes maintaining a gross margin of 35%, with efforts to optimize supply chain management[145]. - The company aims to enhance its production capacity for electronic detonators and improve sales and after-sales service levels[115]. - The company plans to leverage its technological advantages to develop high-safety, high-performance, and low-cost surfactants and composite oil phases[115]. Environmental Responsibility - The company operates a gas boiler with emissions below standards, and no environmental accidents occurred during the reporting period[174]. - The company adheres to environmental protection regulations, ensuring all environmental monitoring data meets national emission standards[176]. - The company promotes energy-saving practices, such as reducing electricity and water usage, and aims to minimize waste through innovative product design and technology optimization[176]. - The company has implemented a green factory management standard focusing on resource conservation and low-carbon production[176].

Financial Performance - The company's revenue for Q1 2022 was CNY 210,137,200.63, representing a 48.28% increase compared to CNY 141,717,887.24 in the same period last year[3] - The net profit attributable to shareholders was CNY -165,159.06, a decrease of 101.41% from CNY 11,718,878.09 in the previous year[3] - The net cash flow from operating activities was CNY -34,171,017.84, a decline of 79.28% compared to CNY -19,060,488.07 in the same period last year[3] - Total operating revenue for Q1 2022 was CNY 210,137,200.63, compared to CNY 141,717,887.24 in the previous period, representing an increase of approximately 48.3%[21] - Net profit for Q1 2022 was a loss of CNY 9,455,212.03, compared to a profit of CNY 12,156,023.81 in the same period last year, reflecting a significant decline[22] - The cash flow statement indicates a need for improved cash management strategies as the company navigates its financial challenges[24] Assets and Liabilities - Total assets increased by 36.52% to CNY 2,936,241,637.21 from CNY 2,150,834,305.06 at the end of the previous year[3] - Total liabilities rose to CNY 1,220,325,435.83, compared to CNY 1,119,511,486.03, an increase of about 9.0%[19] - The company's total current assets as of March 31, 2022, amounted to RMB 1,705,779,421.11, up from RMB 1,107,938,150.80 at the beginning of the year[17] Equity and Shareholder Information - The company reported a significant increase in total equity attributable to shareholders, rising by 89.02% to CNY 1,455,329,522.19 from CNY 769,948,155.44[3] - The equity attributable to shareholders of the parent company increased to CNY 1,455,329,522.19 from CNY 769,948,155.44, a growth of approximately 88.9%[19] - The total number of common shareholders at the end of the reporting period is 12,867[12] - The largest shareholder, Ming Gang, holds 24.36% of the shares, totaling 84,678,273 shares[12] Cash Flow Activities - The cash inflow from operating activities was CNY 133,161,671.96, an increase of 52.2% compared to CNY 87,500,641.71 in the previous period[25] - The cash outflow from operating activities totaled CNY 167,332,689.80, up from CNY 106,561,129.78, resulting in a net cash flow from operating activities of -CNY 34,171,017.84[25] - Cash inflow from investment activities was CNY 885,240,709.53, compared to CNY 550,496,168.41 in the previous period, marking a 60.7% increase[26] - The cash outflow from investment activities reached CNY 1,482,120,006.76, significantly higher than CNY 606,303,864.80 previously, leading to a net cash flow from investment activities of -CNY 596,879,297.23[26] - Cash inflow from financing activities was CNY 881,837,186.28, compared to CNY 191,598,718.93 in the previous period, indicating a substantial increase[26] - The net cash flow from financing activities was CNY 727,772,263.46, up from CNY 137,637,514.01 in the previous period[26] - The ending balance of cash and cash equivalents was CNY 516,221,014.51, an increase from CNY 398,146,445.25 in the previous period[26] - The company’s cash and cash equivalents increased by 52.94% to CNY 3,340.35 million, primarily driven by fundraising activities[10] Operational Costs and Expenses - The company experienced a 68.76% increase in operating costs, amounting to CNY 15,000,000, primarily due to increased revenue[8] - Total operating costs for Q1 2022 were CNY 223,486,613.67, up from CNY 132,615,231.27, indicating a rise of about 68.5%[22] - Research and development expenses for Q1 2022 were CNY 12,671,533.23, slightly up from CNY 12,151,993.12, indicating a focus on innovation[22] Investments and Acquisitions - The company completed a non-public offering of A-shares, significantly boosting its capital reserve by 327.15% to CNY 60,865.85 million[7] - The company completed a private placement of 76,270,197 shares, raising a total of RMB 695,584,196.64, with a net amount of RMB 684,928,694.72 after expenses[14] - The acquisition of 52.7711% of Shandong Taishan Explosive Materials Co., Ltd. increased the company's industrial detonator capacity by 95 million units per year and plastic detonating cord by 60 million meters per year[15] - The production capacity for digital electronic detonators increased from 13 million units to 78.55 million units per year following the acquisition of a production line from Shandong Yingguang Technology Co., Ltd.[15] Market Outlook - The company is exploring market expansion opportunities and new product development to enhance future growth prospects[22] - The first quarter report was not audited, indicating that the figures presented are preliminary and subject to change[27]

证券代码：002917 证券简称：金奥博 公告编号：2021-078 深圳市金奥博科技股份有限公司 关于参加2021深圳辖区"沟通传递价值，交流创造良好生态" 上市公司投资者网上集体接待日活动的公告 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、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市金奥博科技股份有限公司 （以下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共 同举办的"沟通传递价值，交流创造良好生态"——2021 深圳辖区上市公司投 资者网上集体接待日活动，现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录"全景•路演天下"网站（http://rs.p5w.net/） 或关注微信公众号：全景财经，参与公司本次投资者集体接待日活动，活动时间 为 2021 年 11 月 30 日 14:00 至 17:00。 届时公司副总经理、董事会秘书和财务总监将通过网络文字交流形式与投资 者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市金奥博科技股份有限公司 董事会 2 ...

Financial Performance - The company's operating revenue for Q3 2021 was CNY 208,610,415.51, representing a year-on-year increase of 16.28%[2] - The net profit attributable to shareholders for Q3 2021 was CNY 6,344,482.38, a decrease of 67.54% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,544,937.09, down 85.01% year-on-year[2] - The company reported a net profit of approximately 283.36 million yuan in retained earnings, an increase from 264.69 million yuan at the end of 2020, indicating improved profitability[20] - Net profit for the current period was ¥44,629,317.71, a decrease of 32.9% compared to ¥66,463,979.63 in the same period last year[23] - The company reported a decrease in operating profit to ¥47,445,884.20, down 37.2% from ¥75,551,732.58 in the previous period[22] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,193,112,942.04, an increase of 84.62% from the end of the previous year[2] - The company's total assets increased to approximately 2.19 billion yuan, compared to 1.19 billion yuan at the end of 2020, reflecting strong growth in asset base[20] - The company's total liabilities reached approximately 1.16 billion yuan, compared to 356.08 million yuan at the end of 2020, showing a substantial increase in financial obligations[20] - The total current assets as of September 30, 2021, reached approximately 1.18 billion yuan, up from 911.97 million yuan at the end of 2020, indicating a significant increase in liquidity[19] - The company's non-current assets totaled approximately 1.01 billion yuan, up from 275.93 million yuan at the end of 2020, highlighting significant investment in long-term assets[19] Cash Flow - The company reported a net cash flow from operating activities of CNY -12,474,355.37, a decrease of 10.12% year-on-year[2] - Cash flow from operating activities showed a net outflow of ¥12,474,355.37, compared to a net outflow of ¥13,878,916.54 in the previous period[26] - Cash flow from investing activities resulted in a net outflow of ¥256,821,232.12, slightly worse than the net outflow of ¥246,360,170.16 in the prior period[27] - Cash flow from financing activities generated a net inflow of ¥95,409,322.23, compared to a net inflow of ¥85,892,577.77 in the previous period[27] - The ending cash and cash equivalents balance was ¥160,897,627.38, an increase from ¥128,841,606.23 at the end of the previous period[27] Shareholder Information - Total number of common shareholders at the end of the reporting period is 15,070[12] - Basic earnings per share decreased to ¥0.1688 from ¥0.2246 in the previous period[23] Operational Changes - The company’s subsidiary, Jiangsu Tianming, experienced a 51% decrease in explosive sales revenue due to production upgrades and external market conditions[6] - The company established a joint venture with Beijing Jingmei Group, which has impacted profits during the initial integration phase[6] - The company established a joint venture with Beijing Jingmei Group, acquiring 76,000 tons of industrial explosive capacity, a 221.57% increase from 2020[16] - The company expanded its sales regions to include Hebei Province, enhancing its market presence beyond Shandong and Jiangsu[16] Financial Adjustments - The company has not undergone an audit for the third quarter report, which may affect the perception of its financial health[33] - The company has implemented the new leasing standard for the first time, resulting in adjustments to both the balance sheet and the income statement[29] - The total liabilities rose from CNY 356,080,328.83 to CNY 376,505,080.54, with an increase of CNY 20,424,751.71 attributed to the new leasing liabilities[31] - The total equity remained unchanged at CNY 831,826,107.54, indicating stability in the company's ownership structure despite the adjustments[32] Expenses - The company’s financial expenses increased by 473.84% year-on-year, primarily due to increased bank borrowings[9] - Research and development expenses rose to ¥30,354,206.36, an increase of 14.0% from ¥26,500,241.81 in the prior period[22] Inventory and Receivables - Other receivables increased by 87.08 million RMB, a rise of 1,836.46%, mainly due to new subsidiaries' receivables[12] - Inventory increased by 39.42 million RMB, up 36.05%, primarily for raw material stocking and new subsidiaries' inventory[12] - Accounts payable increased by 164.25 million RMB, a rise of 275.39%, mainly due to new subsidiaries' payables[12] - Other payables increased by 297.48 million RMB, a rise of 1,269.46%, mainly due to new subsidiaries' borrowings[12]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥312,337,481.55, representing a 16.78% increase compared to ¥267,461,408.19 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 4.68% to ¥39,456,932.39 from ¥41,393,040.37 in the previous year[18]. - The net profit after deducting non-recurring gains and losses increased by 5.95% to ¥32,713,758.94, compared to ¥30,876,584.76 in the same period last year[18]. - The net cash flow from operating activities was negative at -¥12,927,915.66, a decline of 509.13% from ¥3,159,837.53 in the previous year[18]. - Total assets at the end of the reporting period reached ¥1,458,095,129.92, a 22.74% increase from ¥1,187,906,436.37 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased by 1.44% to ¥771,400,066.27 from ¥760,419,874.84 at the end of the previous year[18]. - The basic earnings per share decreased by 4.66% to ¥0.1454 from ¥0.1525 in the previous year[18]. - The weighted average return on net assets was 5.06%, down from 5.74% in the previous year[18]. - The company achieved total operating revenue of 312.34 million yuan, an increase of 16.78% compared to the same period last year[28]. - The net profit attributable to shareholders was 39.46 million yuan, a decrease of 4.68% year-on-year, while the net profit excluding non-recurring gains and losses was 32.71 million yuan, an increase of 5.95% year-on-year[28]. Asset Management - The total assets of the company reached 1.46 billion yuan, an increase of 22.74% from the end of the previous year, while the equity attributable to shareholders increased by 1.44% to 771.40 million yuan[28]. - The company completed a significant asset restructuring, contributing a total of ¥237,391,724, including a performance deposit of ¥30,000,000 during the reporting period[81]. - The fair value of trading financial assets at the end of the period was ¥203,392,400, with a fair value change of ¥4,688,298.63 recorded[76]. - The company reported a total of ¥1,452,942,400 in purchases and ¥1,375,988,290 in sales of trading financial assets during the period[76]. - The company has not experienced significant changes in the measurement attributes of its major assets during the reporting period[77]. Research and Development - Research and development investment rose by 18.32% to CNY 19,650,213.07, compared to CNY 16,607,290.67 in the same period last year[62]. - The company has developed the JWL-Ⅲ type emulsion explosive high-temperature sensitization continuous production technology, which won the first prize of the Science and Technology Award from the China Blasting Equipment Industry Association[35]. - The company has received multiple awards for its technological innovations, including first prize for the "JWL-Ⅲ type emulsified explosive high-temperature sensitization continuous production technology" from the China Explosive Materials Industry Association[51]. - The company is focusing on developing a high-quality talent pool to meet the increasing demands for safety and technology in the civil explosive industry[58]. - The company is committed to improving internal control systems and decision-making processes to enhance operational efficiency and profitability[93]. Market Expansion and Strategy - The company is actively promoting a non-public offering to raise up to 695.58 million yuan for projects related to blasting engineering services and production line upgrades[33]. - The company has expanded its international presence by constructing over 20 production lines in countries such as Russia, Algeria, and Vietnam, enhancing its brand influence in the overseas civil explosive industry[56]. - The company aims to integrate research and production capabilities to create a complete industrial ecosystem, enhancing collaboration and resource optimization within the civil explosive sector[60]. - The company plans to enhance its management capabilities and organizational structure to adapt to the challenges posed by vertical expansion and acquisitions, which may increase operational complexity[92]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[192]. Safety and Environmental Compliance - Safety management is a priority, with the establishment of a safety management system and regular safety inspections to mitigate production risks associated with civil explosive products[94]. - The company has established a safety management system, including emergency response plans and regular safety drills[70]. - The company operates as a key pollutant discharge unit, with emissions of sulfur dioxide and nitrogen oxides being monitored and managed to comply with environmental standards[102]. - The company has obtained the environmental impact assessment report and the pollutant discharge permit from local authorities, ensuring compliance with environmental regulations[103]. - The company has implemented an emergency response plan for environmental incidents and has filed it with the local ecological environment bureau[105]. Financial Position and Liabilities - The company's total liabilities rose to CNY 615,316,666.10, compared to CNY 356,080,328.83 at the end of 2020, marking an increase of around 73%[162]. - Short-term borrowings increased significantly to CNY 279,598,718.93 from CNY 161,600,000.00, which is an increase of approximately 73%[162]. - The company’s financial condition and cash flow are stable, allowing for efficient use of funds in securities investment and derivatives trading[85]. - The company’s derivatives investment is funded by its own capital[84]. - The company’s board of directors has approved the use of self-owned funds for investment, ensuring compliance with legal and internal control procedures[85]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 16,362[145]. - Major shareholder Ming Gang holds 29.99% of the shares, totaling 81,388,800 shares[145]. - Sichuan Yahua Industrial Group Co., Ltd. decreased its holdings by 5,420,000 shares, now holding 46,420,000 shares, representing 17.11%[145]. - Shareholder Ming Jing Gu holds 12.04% of the shares, totaling 32,659,200 shares[145]. - The company has not reported any new strategic initiatives or product developments in the current reporting period[146].

Financial Performance - The company's operating revenue for Q1 2021 was ¥141,717,887.24, representing a 104.54% increase compared to ¥69,286,991.36 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2021 was ¥11,718,878.09, a 50.78% increase from ¥7,772,170.54 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥7,957,137.61, reflecting a 56.41% increase compared to ¥5,087,235.62 in the previous year[8]. - The basic earnings per share for Q1 2021 was ¥0.0432, up 51.05% from ¥0.0286 in the same period last year[8]. - The total operating revenue for the first quarter was CNY 49,092,242.27, compared to CNY 30,404,780.82 in the previous period, indicating a significant increase[55]. - The net profit for the first quarter reached CNY 12,156,023.81, up from CNY 8,244,911.92, reflecting a growth of approximately 47%[52]. - The operating profit for the first quarter was CNY 13,252,357.41, compared to CNY 8,775,766.54 in the same period last year, showing an increase of about 51%[52]. - The total comprehensive income for the first quarter was CNY 12,299,472.77, compared to CNY 8,579,339.09 in the previous year, indicating a growth of about 43%[53]. - The investment income for the first quarter was CNY 2,574,295.38, compared to CNY 1,650,063.07 in the previous year, reflecting a growth of approximately 56%[1]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,337,446,518.05, marking a 12.59% increase from ¥1,187,906,436.37 at the end of the previous year[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥772,847,769.04, a 1.63% increase from ¥760,419,874.84 at the end of the previous year[8]. - Total liabilities rose to CNY 492,747,736.80 from CNY 356,080,328.83, an increase of about 38.3%[43]. - Current liabilities totaled CNY 384,179,421.75, up from CNY 316,221,769.19, reflecting a growth of approximately 21.5%[43]. - Total current assets reached ¥1,008,583,389.03, up from ¥911,971,889.15 at the end of 2020, indicating an increase of about 10.6%[41]. - Total non-current assets increased to CNY 296,359,298.93, reflecting an adjustment of CNY 20,424,751.71[67]. - Total equity attributable to shareholders was CNY 760,419,874.84, remaining unchanged[68]. Cash Flow - The company reported a net cash flow from operating activities of -¥19,060,488.07, which is a 6.60% decline compared to -¥17,879,862.04 in the same period last year[8]. - Operating cash inflow for the current period reached ¥87,500,641.71, a significant increase from ¥46,391,828.30 in the previous period, reflecting a growth of approximately 88.7%[60]. - Cash inflow from investment activities totaled ¥550,496,168.41, down from ¥601,769,656.74 in the previous period, representing a decrease of about 8.4%[60]. - The net cash flow from investment activities improved to ¥24,509,477.92 from -¥200,593,867.96 in the previous period, indicating a substantial recovery[64]. - Cash inflow from financing activities was ¥191,598,718.93, compared to ¥121,600,000.00 in the previous period, marking an increase of approximately 57.5%[61]. - The ending cash and cash equivalents balance increased to ¥398,146,445.25 from ¥201,435,558.73, reflecting a net increase of ¥63,101,564.66[61]. Expenses and Costs - Operating costs rose by 54.48 million RMB, an increase of 126.16%, mainly attributed to the newly consolidated subsidiaries[17]. - R&D expenses increased by 5.42 million RMB, up 80.63%, driven by higher investment in research and development[17]. - The total operating costs for the first quarter were CNY 132,615,231.27, compared to CNY 63,097,587.78 in the previous year, indicating a significant increase[1]. - The tax expenses for the first quarter were CNY 1,190,820.40, compared to CNY 501,079.42 in the previous year, showing an increase of approximately 138%[52]. Financing and Investments - The company plans to raise up to 695.58 million RMB through a non-public offering of A-shares, with funds allocated for various projects including blasting engineering services and production line upgrades[21]. - Short-term borrowings increased by 89.99 million RMB, a rise of 55.69%, primarily due to new bank loans[16]. - Long-term borrowings reached 50 million RMB, marking the first instance of long-term debt for the company[16]. - Other non-current assets surged by 348.04 million RMB, an increase of 1,615.53%, mainly due to performance guarantees for major asset restructuring[16]. Operational Stability - The company has no overdue commitments or guarantees during the reporting period, indicating a stable financial position[27]. - There were no significant changes in the company's financial derivatives, as it reported no derivative investments during the period[31]. - The company has not engaged in any major asset restructuring or mergers during the reporting period, maintaining its current operational structure[36]. - There were no significant contracts or major operational changes reported during the period, suggesting a focus on existing strategies[36].