浙江新农化工股份有限公司 内部控制审计报告 中国杭州市钱江新城新业路 8号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road，Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhcpa.cn 具有执业许可的会计师事务所出具 TIF H 14 您可使用手机"扫一扫"或进入"注册会计师行 acc.mof.gov.cn 码:浙25AKC1Z8M6 中汇会审[2025]3806号 浙江新农化工股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我 们审计了浙江新农化工股份有限公司(以下简称新农股份公司)2024年12月31日的 财务报告内部控制的有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》《企业内部控制应用指引》《企业内部控制 评价指引》的规定,建立健全和有效实施内部控制,并评价其有效性是新农股份 公司董事会的责任。 二、注册会计师的责任 我们的责 ...

www.zhcpa.cn 目 录 | | 页 次 | | --- | --- | | 一、年度募集资金存放与使用情况鉴证报告 | 1-2 | | 二、浙江新农化工股份有限公司关于 2024 年度募集资金 | | | 存放与使用情况的专项报告 | 3-12 | 中国杭州市钱江新城新业路 8 号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 浙江新农化工股份有限公司 年度募集资金存放与使用情况鉴证报告 中国杭州市钱江新城新业路 8 号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road, Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhc ...

中国杭州市钱江新城新业路 8号 UDC 时代大厦 A 座 5-8 层、12 层、23 层 Floors5-8,12and23,Block A,UDC Times Building,No.8 Xinye Road，Qianjiang New City,Hangzhou Tel.0571-88879999 Fax.0571-88879000 www.zhcpa.cn 丸业许可的会计师事务 a > 用 您可使用手机"扫一扫"或进入 e and alo 审计报告 中汇会审[2025]3803号 浙江新农化工股份有限公司 2024 年度审计报告 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注 册会计师对财务报表审计的责任"部分进一步阐述了我们在这些准则下的责任。 按照中国注册会计师职业道德守则,我们独立于新农股份公司,并履行了职业道 德方面的其他责任。我们相信,我们获取的审计证据是充分、适当的,为发表审 计意见提供了基础。 三、关键审计事项 关键审计事项是我们根据职业判断,认为对本期财务报表审计最为重要的事 项。这些事项的应对以对财务报表整体进行审计并形成审计意见为背景,我们 ...

浙江新农化工股份有限公司 独立董事 2024 年度述职报告 （徐关寿） 作为浙江新农化工股份有限公司（以下简称"公司"）的独立董事，2024 年 本人严格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》及《公司章程》 等相关法律法规和规章制度的规定，始终保持独立董事的独立性，忠实、勤勉地 履行了独立董事的职责，谨慎、认真地行使了独立董事的权利，积极出席相关会 议，及时关注公司的发展状况，维护公司和广大股东尤其是中小股东的利益。 现将本人在 2024 年度的主要工作情况报告如下： 一、独立董事基本情况 （一）独立董事基本信息 徐关寿：男，中国国籍，1952年9月出生，研究生学历。执业律师、执业资 产评估师，曾任中华全国专利代理师协会理事，浙江省专利代理师协会首任会长、 第二届名誉会长，现任浙江杭州金通专利事务所执业专利代理师、浙江武林资产 评估有限公司资产评估师。 （二）独立董事独立性情况 作为公司的独立董事，本人具备《上市公司独立董事管理办法》所要求的独 立性，并按照监管规则进行了独立性自查，不存在妨碍本人进行独立客观判断的 情形， ...

浙江新农化工股份有限公司 独立董事 2024 年度述职报告 （刘亚萍） 作为浙江新农化工股份有限公司（以下简称"公司"）的独立董事，2024 年 本人严格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》及《公司章程》 等相关法律法规和规章制度的规定，始终保持独立董事的独立性，忠实、勤勉地 履行了独立董事的职责，谨慎、认真地行使了独立董事的权利，积极出席相关会 议，及时关注公司的发展状况，维护公司和广大股东尤其是中小股东的利益。 现将本人在 2024 年度的主要工作情况报告如下： 一、独立董事基本情况 （一）独立董事基本信息 刘亚萍：女，中国国籍，1974 年 5 月出生，研究生学历。现任植保中国协会 （香港）北京办事处任执行总监、首席代表，兼任浙江新安化工集团股份有限公 司、利民控股集团股份有限公司独立董事。 （一）出席公司会议情况 （二）独立董事独立性情况 作为公司的独立董事，本人具备《上市公司独立董事管理办法》所要求的独 立性，并按照监管规则进行了独立性自查，不存在妨碍本人进行独立客观判断的 情形，亦不存在影响独立董事独立性的情 ...

浙江新农化工股份有限公司 独立董事 2024 年度述职报告 （董黎明） 作为浙江新农化工股份有限公司（以下简称"公司"）的独立董事，2024 年 本人严格按照《公司法》《证券法》《上市公司独立董事管理办法》《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》及《公司章程》 等相关法律法规和规章制度的规定，始终保持独立董事的独立性，忠实、勤勉地 履行了独立董事的职责，谨慎、认真地行使了独立董事的权利，积极出席相关会 议，及时关注公司的发展状况，维护公司和广大股东尤其是中小股东的利益。 现将本人在 2024 年度的主要工作情况报告如下： 一、独立董事基本情况 （一）独立董事基本信息 董黎明：男，中国国籍，1973 年 4 月出生，会计学博士。现任浙江财经大学 会计学副教授，兼任新日月生活服务集团股份有限公司独立董事、杭实产投控股 （杭州）集团有限公司外部董事。 （二）独立董事独立性情况 作为公司的独立董事，本人具备《上市公司独立董事管理办法》所要求的独 立性，并按照监管规则进行了独立性自查，不存在妨碍本人进行独立客观判断的 情形，亦不存在影响独立董事独立性的情况。本人不在公司兼任除董事会专门 ...

浙江新农化工股份有限公司 浙江新农化工股份有限公司 章程 章 程 2025 年 4 月 浙江新农化工股份有限公司 章 程 第一章 总则 | | | | 第一章 | 总则 1 | | --- | --- | | 第二章 | 经营宗旨和范围 2 | | 第三章 | 股份 2 | | 第一节 | 股份发行 2 | | 第二节 | 股份增减和回购 3 | | 第三节 | 股份转让 4 | | 第四章 | 股东和股东大会 5 | | 第一节 | 股东 5 | | 第二节 | 股东大会的一般规定 8 | | 第三节 | 股东大会的召集 10 | | 第四节 | 股东大会的提案与通知 11 | | 第五节 | 股东大会的召开 13 | | 第六节 | 股东大会的表决和决议 15 | | 第五章 | 董事会 19 | | 第一节 | 董事 19 | | 第二节 | 董事会 22 | | 第六章 | 总经理及其他高级管理人员 26 | | 第七章 | 监事会 28 | | 第一节 | 监事 28 | | 第二节 | 监事会 28 | | 第八章 | 财务会计制度、利润分配和审计 30 | | 第一节 | 财务会计制度 30 | ...

Financial Performance - The company reported a basic earnings per share (EPS) of 0.2700 yuan for Q1 2025, representing a 42.11% increase compared to 0.1900 yuan in Q1 2024 and a significant rise from 0.0700 yuan in Q1 2023 [1] - The net profit for Q1 2025 was 0.42 billion yuan, up 40% from 0.30 billion yuan in Q1 2024 and a substantial increase from 0.11 billion yuan in Q1 2023 [1] - The operating revenue for Q1 2025 reached 3.03 billion yuan, reflecting a 9.39% growth compared to 2.77 billion yuan in Q1 2024 [1] - The return on equity (ROE) improved to 3.51% in Q1 2025, a 33.97% increase from 2.62% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 100.06 million shares, accounting for 72.92% of the circulating shares, with a decrease of 376,500 shares compared to the previous period [1] - Zhejiang Xinhui Investment Co., Ltd. remains the largest shareholder with 8,502,000 shares, representing 61.96% of the total share capital, unchanged from the previous report [2] - Notable changes include a decrease of 10.60 million shares held by Hu Hong and a significant exit of the Industrial and Commercial Bank of China from the top ten shareholders [2] Dividend Policy - The company has announced that it will not distribute dividends or transfer shares in the current period [3]

Financial Performance - The company's revenue for Q1 2025 reached ¥303,089,762.28, representing a 9.41% increase compared to ¥277,030,126.30 in the same period last year[4] - Net profit attributable to shareholders was ¥41,719,407.98, a significant increase of 40.13% from ¥29,772,695.72 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥36,787,496.55, up 50.88% from ¥24,381,848.42 in the previous year[4] - Basic and diluted earnings per share increased to ¥0.27, reflecting a growth of 42.11% compared to ¥0.19 in the same period last year[4] - Total operating revenue for the current period reached ¥303,089,762.28, an increase of 9.4% compared to ¥277,030,126.30 in the previous period[15] - Operating profit for the current period was ¥48,794,470.17, up 35.6% from ¥36,012,027.39 in the previous period[16] - Net profit attributable to the parent company was ¥41,719,407.98, representing a 40.1% increase from ¥29,772,695.72 in the previous period[16] - The company reported a total profit of ¥48,704,912.43, an increase of 35.2% from ¥35,987,941.83 in the previous period[16] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,632,413,540.09, a 1.05% increase from ¥1,615,515,152.58 at the end of the previous year[4] - The company's total assets as of March 31, 2025, amount to CNY 1,632,413,540.09, an increase from CNY 1,615,515,152.58 at the beginning of the period[11] - Current assets total CNY 900,929,442.96, up from CNY 868,180,168.03 at the start of the period, indicating a growth of approximately 3.5%[11] - The company's total liabilities decreased to CNY 421,783,322.87 from CNY 449,868,200.06, reflecting a reduction of about 6.3%[12] - The total equity of the company is CNY 1,210,630,217.22, reflecting a decrease from CNY 1,165,646,952.52 at the beginning of the period[12] - Total assets and equity attributable to the parent company increased to ¥1,210,630,217.22 from ¥1,165,646,952.52, marking a growth of 3.9%[14] Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥29,176,217.80, slightly worse than the outflow of ¥27,942,548.91 in the same period last year, a decrease of 4.42%[4] - Cash flow from operating activities showed a net outflow of ¥29,176,217.80, compared to a net outflow of ¥27,942,548.91 in the previous period[19] - Cash and cash equivalents at the end of the period totaled ¥114,613,389.15, up from ¥41,671,808.23 at the end of the previous period[19] - The cash and cash equivalents increased to CNY 133,373,595.58 from CNY 124,432,191.29, showing a growth of approximately 7.8%[11] - The net cash flow from financing activities surged by 3214.81% to ¥19,509,923.22, mainly due to funds raised from the implementation of an equity incentive plan[8] Accounts Receivable and Inventory - Accounts receivable increased by 58.15% to ¥191,606,209.32, primarily due to revenue growth and the implementation of credit policies[7] - Accounts receivable rose significantly to CNY 191,606,209.32 from CNY 121,153,491.53, representing an increase of about 58.2%[11] - The company reported a decrease in inventory from CNY 122,458,455.53 to CNY 101,882,413.36, a reduction of approximately 16.7%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,349, with no preferred shareholders having restored voting rights[9] - Zhejiang Xinhui Investment Co., Ltd. holds 54.55% of the shares, amounting to 85,020,000 shares, making it the largest shareholder[9] - The company has no preferred shareholders listed in the report, indicating a focus on common equity financing[9] Government Subsidies and Investment Income - The company received government subsidies amounting to ¥3,001,202.52, mainly related to operational support[5] - Investment income decreased by 83.68% to ¥986,760.95, attributed to lower returns on financial products and fair value changes[8] Future Plans - The company plans to implement new accounting standards starting from 2025, which may impact financial reporting[20]

Financial Performance - The company's operating revenue for 2024 reached ¥962,266,796.26, representing a 17.20% increase compared to ¥821,032,278.60 in 2023 [18]. - Net profit attributable to shareholders was ¥57,727,596.55 in 2024, a significant turnaround from a loss of ¥25,374,268.50 in 2023, marking a 327.50% increase [18]. - The net profit after deducting non-recurring gains and losses was ¥37,177,897.51, up 185.28% from a loss of ¥43,594,379.46 in the previous year [18]. - The net cash flow from operating activities increased by 71.73% to ¥155,374,290.85 in 2024, compared to ¥90,476,478.57 in 2023 [18]. - Basic and diluted earnings per share improved to ¥0.38 in 2024, compared to a loss of ¥0.17 in 2023, reflecting a 323.53% increase [18]. - Total assets at the end of 2024 were ¥1,615,515,152.58, a 9.45% increase from ¥1,476,010,746.37 at the end of 2023 [18]. - The company's net assets attributable to shareholders rose by 3.90% to ¥1,165,646,952.52 at the end of 2024, compared to ¥1,121,841,233.36 at the end of 2023 [18]. - The company's total revenue for 2024 reached ¥962,266,796.26, representing a year-on-year increase of 17.20% compared to ¥821,032,278.60 in 2023 [67]. - The pesticide sector accounted for ¥931,180,142.09, or 96.77% of total revenue, with a year-on-year growth of 16.61% [67]. - Domestic revenue was ¥741,104,087.52, making up 77.02% of total revenue, while international revenue was ¥221,162,708.74, accounting for 22.98% [67]. Dividend Distribution - The company plans to distribute a cash dividend of 3 RMB per 10 shares to all shareholders, based on a total of 155,857,930 shares [5]. - The company has approved a stock incentive plan for 2024, with relevant proposals passed by the board and supervisory committee [182][183]. - The company has a clear profit distribution policy in place, ensuring reasonable returns for shareholders and compliance with regulations [178]. - The company has a cash dividend total that represents 100% of the profit distribution amount, reflecting a strong commitment to shareholder returns [180]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the annual report, indicating potential risks and countermeasures [4]. - The company has implemented risk control measures for its derivative investments, including selecting liquid and controllable financial derivatives [99]. - The company’s foreign exchange hedging activities are aimed at mitigating exchange rate risks, with no speculative trading operations [99]. - The company recognizes management risks associated with rapid growth and will improve its management structure to adapt to increased operational demands [137]. Market and Industry Trends - The global pesticide market is projected to grow from $88.38 billion in 2023 to $112.37 billion by 2030, with a CAGR of 6.04% [28]. - The demand for green and environmentally friendly pesticides is increasing due to heightened government focus on environmental protection and food safety, leading to a significant market opportunity for efficient, low-toxicity, and low-residue pesticides [30]. - The Chinese pesticide industry is expected to undergo capacity optimization and consolidation, with non-competitive companies gradually exiting the market, resulting in increased industry concentration and a shift towards sustainable practices [31]. - The agricultural chemical industry is undergoing a transformation towards greener development, with a shift away from high-toxicity products [124]. Research and Development - Research and development expenses for 2024 are projected to be ¥56,815,700, constituting 5.9% of total revenue [63]. - The company has a comprehensive technology management and R&D system, recognized as a national high-tech enterprise and awarded multiple honors for innovation [48]. - The company has developed new products and technologies, including the industrialization of water-based formulations of Chlorpyrifos and Thiacloprid, which are part of national key R&D projects [49]. - The company’s R&D team consists of 77% personnel with doctoral or master's degrees, indicating a strong technical foundation [63]. Environmental Compliance - The company has established a dedicated environmental management department to ensure compliance with pollution discharge regulations [197]. - The company utilizes a two-stage treatment process for waste gas, ensuring compliance through real-time monitoring systems [198]. - The company has implemented a hazardous waste transfer tracking system and installed a hazardous waste process monitoring system, enhancing management of hazardous waste collection, storage, and transportation [200]. - New Agricultural Co. has established a solid waste management strategy that includes classification and proper disposal of hazardous and non-hazardous waste [198]. Corporate Governance - The company governance structure includes a general meeting of shareholders, a board of directors, a supervisory board, and an operational management team, ensuring effective decision-making and supervision [143]. - The board of directors consists of 9 members, including 3 independent directors with expertise in finance, accounting, and law, enhancing operational efficiency and risk management [143]. - The company has established a market value management system and disclosed a valuation enhancement plan [140]. - The company is focused on maintaining shareholder rights and improving operational governance through strategic oversight [170]. Employee Management - The company has established a comprehensive training system to support employee growth and development, focusing on various management levels and job functions [177]. - The total number of employees receiving compensation during the reporting period is 1,259, indicating full employment [175]. - The company has no retired employees requiring financial support, indicating a focus on maintaining a stable workforce [175]. - The company has a strong commitment to innovation, collaborating with Zhejiang University and Zhejiang University of Technology for over 20 years to develop green synthesis processes and environmentally friendly formulations [60].