Financial Performance - The company's operating revenue for 2022 was ¥184,620,142.27, a decrease of 52.29% compared to ¥386,991,754.17 in 2021[24]. - The net profit attributable to shareholders for 2022 was -¥36,586,876.70, representing a decline of 165.64% from a profit of ¥55,736,547.23 in 2021[24]. - The net cash flow from operating activities decreased by 80.14% to ¥28,305,450.38 in 2022, down from ¥142,521,692.10 in 2021[24]. - The basic earnings per share for 2022 was -¥0.09, a drop of 164.29% compared to ¥0.14 in 2021[24]. - The company reported a significant decline in net profit, indicating ongoing challenges in maintaining profitability[24]. - The company's total revenue for 2022 was ¥184,620,142.27, a decrease of 52.29% compared to ¥386,991,754.17 in 2021[43]. - The packaging printing segment accounted for 98.40% of total revenue, with a revenue of ¥181,659,748.14, down 53.06% year-over-year[43]. - The revenue from cigarette labels was ¥179,762,455.59, representing a 49.79% decline from ¥358,054,868.99 in the previous year[43]. - The gross margin for the packaging printing segment was 23.85%, down 9.52% from the previous year[45]. - The company reported a significant decrease in sales volume, with a drop of 38.16% in the packaging printing segment[46]. Assets and Liabilities - Total assets at the end of 2022 increased by 13.05% to ¥2,020,536,884.14 from ¥1,787,294,816.25 at the end of 2021[24]. - The net assets attributable to shareholders rose by 11.32% to ¥1,789,849,452.39 at the end of 2022, compared to ¥1,607,839,689.75 at the end of 2021[24]. - The company's cash and cash equivalents decreased by 9.10% from CNY 378.31 million at the beginning of the year to CNY 243.78 million at the end of the year, attributed to new investments and project expenditures[61]. - The company's total liabilities decreased from CNY 85.01 million to CNY 23.53 million, a reduction of 3.60% due to the expiration of certain bills payable[62]. - The company reported an asset impairment of CNY 38.73 million, which accounted for 101.69% of total profit, primarily due to provisions for construction in progress and fixed assets[60]. Investment and Financing - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total investment for the reporting period was CNY 161.63 million, reflecting a significant increase of 55.71% compared to CNY 103.80 million in the same period last year[67]. - The company has cumulatively used fundraising of 40,101.70 million yuan, with a remaining balance of 699.05 million yuan as of December 31, 2022[75]. - The company has approved a total of ¥343.82 million in raised funds for investment in the "Hunan Production Base Project," with the implementation location changed to Ningxiang Economic and Technological Development Zone[78]. - The company has decided to no longer engage in cigarette label printing business to ensure the efficiency of raised fund usage and improve operational performance[78]. Research and Development - R&D expenses rose by 22.58% to ¥12,791,157.77 in 2022 from ¥10,435,261.45 in 2021, accounting for 6.93% of total revenue[55]. - The number of R&D personnel increased by 22.86% to 43 in 2022 from 35 in 2021, with R&D personnel accounting for 11.88% of the total workforce[55]. - The company completed small-scale verification of key technologies for supercapacitor electrode materials, achieving a power output of 100 kW kg-1[54]. - The company is advancing the development of environmentally friendly water-based inks, ensuring zero emissions and addressing VOC residue issues in traditional printing[55]. Market Position and Strategy - The company maintains a competitive edge through advanced production equipment and a robust quality control system, ensuring high-quality standards for cigarette label products[40]. - The company actively engages in new product development with major tobacco companies, enhancing its market position and potential for increased business[40]. - The cigarette label printing industry is characterized by high entry barriers and stable demand, with the company benefiting from its established relationships with key clients[39]. - The company employs an order-based sales model, responding to client needs with tailored solutions and maintaining a focus on expanding production capacity[37]. - The company plans to leverage its expertise in cigarette label printing to expand into related businesses such as laser film and laser paper, while accelerating the incubation of Jinshi New Energy to enhance market share[89]. Governance and Compliance - The company has established a structured governance framework with a board of directors, supervisory board, and other necessary committees[103]. - The company is committed to strict compliance with the Company Law and regulatory rules during its operations[130]. - The company has a clear policy for independent operations, ensuring no undue influence from controlling shareholders in personnel decisions[103]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[179]. - The company has not made any significant guarantees during the reporting period[192]. Environmental Responsibility - The company strictly adheres to environmental protection laws and regulations, ensuring compliance in pollutant management and emissions[144]. - The company has implemented a "molecular sieve concentration adsorption + RTO" and "two-stage spraying + dry filter + two-stage activated carbon adsorption" for waste gas treatment, meeting the local emission standards[148]. - The company has established an online monitoring system for VOCs at major waste gas discharge points, with stable compliance during the monitoring period[148]. - The company emphasizes the importance of social responsibility, aligning it with its development strategy and daily operations[150]. Employee Relations - The company ensures timely payment of salaries and provides various social insurances for employees[152]. - The compensation policy is designed to motivate employees and retain talent, based on performance and individual capabilities[132]. - The total number of employees at the end of the reporting period is 343, with 100 in the parent company and 243 in major subsidiaries[131]. - The company has established independent personnel management and evaluation systems, ensuring no conflicts of interest with major shareholders[102]. Risks and Challenges - The company faces risks related to the failure of fundraising projects to meet expectations, particularly concerning the Hunan production base project, which may require a change in business direction[90]. - The continuous decline in the cigarette label business and loss of major clients pose a risk to the company's ongoing operations[92]. - The company is currently in the early stages of developing a feasible adjustment plan for the fundraising project due to the change in business direction[200]. - The company is evaluating the impact of the unsuccessful bids on its future business operations and shareholder interests[200].

投资者关系活动记录表 编号：2019-001 证券代码：002951 证券简称：金时科技 | --- | --- | |-------------------------|--------------------------------------------------------| | | | | | R 特定对象调研 □分析师会议 □媒体采访 | | 投资者关系活 | □ 业绩说明会 □新闻发布会 □路演活动 □现场参观 | | 动类别 | □ 其他（请文字说明其他活动内容） | | 参与单位名称 及人员姓名 | 华金证券股份有限公司研究所分析师 杨维维 | | 时间 | 2019 年 4 月 25 日 星期四 | | 地点 | 董事会秘书办公室 | | 上市公司接待 | 财务总监兼董事会秘书 温思凯 | | | 证券事务代表 杨芹芹 | | 人员姓名 | 法务专员 郭新月 | | 投资者关系活 | 公司财务总监兼董事会秘书温思凯先生就投资者关注的问 | | 动主要内容介 绍 | 题作了解答，现就主要问题及回复情况说明如下： | | | 1 、请问公司产品有哪些？公司的主要客户有哪些？ | | | 回复 ...

证券代码：002951 证券简称：金时科技 公告编号：2022-047 四川金时科技股份有限公司 关于参加四川辖区上市公司 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。 为进一步加强与投资者的互动交流，四川金时科技股份有限公司（以下简 称 "公司"）将参加由中国证券监督管理委员会四川监管局、四川省上市公司协会、 上证所信息网络有限公司与深圳市全景网络有限公司联合举办的"2022 年四川 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 9 月 16 日（周五）下午 14:00-17:00。 届时公司高管将在线就公司 2022 年半年度业绩、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！ 四川金时科技股份有限 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥88,746,863.58, a decrease of 60.14% compared to ¥222,633,453.20 in the same period last year[22]. - The net profit attributable to shareholders was ¥718,838.22, down 98.20% from ¥39,945,729.01 in the previous year[22]. - The net cash flow from operating activities was ¥6,688,254.76, a decline of 93.68% compared to ¥105,761,735.56 in the same period last year[22]. - The total assets at the end of the reporting period were ¥1,682,538,744.16, a decrease of 5.86% from ¥1,787,294,816.25 at the end of the previous year[22]. - The company reported a basic earnings per share of ¥0.00, a 100% decrease from ¥0.10 in the same period last year[22]. - The weighted average return on net assets was 0.05%, down 2.74% from 2.79% in the previous year[22]. - The company faced significant challenges in revenue and profit, indicating a need for strategic adjustments[29]. - The company reported a gross profit margin of 23.02%, which is a decrease of 14.70% compared to the previous year[39]. - The total comprehensive income for the first half of 2022 was CNY -23,612,313.21, compared to CNY 66,459,891.26 in the same period last year, reflecting a substantial loss[148]. - The company reported a net loss for the first half of 2022, reflecting challenges in revenue generation and cost management[146]. Revenue Sources and Business Focus - The main business remains focused on the research, production, and sales of cigarette labels and related packaging materials[30]. - The company's revenue for the reporting period was ¥88,746,863.58, a decrease of 60.14% compared to ¥222,633,453.20 in the same period last year, primarily due to a reduction in cigarette label sales[37]. - The cost of sales also decreased by 50.73% to ¥68,313,079.18 from ¥138,646,542.73, reflecting the decline in sales volume[37]. - The company maintained a 100% revenue contribution from the packaging printing segment, with cigarette labels accounting for 96.14% of total revenue[38]. - The company has established stable partnerships with major tobacco enterprises, leveraging its long-term service capabilities and brand effect[34]. - The company continues to focus on high-tech and high-value-added products, including laser packaging materials[31]. - The company has achieved mass production of upstream packaging materials, providing a solid technical foundation for new product development and effective cost control[35]. Investment and Financial Management - The total investment during the reporting period was CNY 80,966,807.69, representing a 35.96% increase compared to CNY 59,551,768.40 in the same period last year[46]. - The company has cumulatively used fundraising of 365.858 million yuan as of June 30, 2022, with a remaining balance of 22 million yuan[52]. - The total amount of fundraising from the initial public offering in 2019 was 390.3089 million yuan, with 88.09% of the funds utilized for their intended purposes[52]. - The company has adjusted the use of raised funds, reallocating remaining funds to the Hunan production base project, totaling 16,002 million CNY[55]. - The company has decided to cease its cigarette label printing business to ensure the efficiency of fund usage and protect shareholder interests[55]. - The company is currently in the early stages of developing a feasible adjustment plan for the investment projects, with specific implementation details yet to be determined[55]. - The company plans to use the remaining raised funds for land purchase and engineering costs related to the Hunan production base project[55]. Market and Competitive Landscape - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[90]. - A strategic acquisition of a local tech firm was completed, expected to enhance product offerings and increase market competitiveness[90]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[159]. - The company has a high customer concentration risk, with the top five customers accounting for 90.40% of total revenue in 2021, which poses a significant risk if demand from these customers declines[65]. Environmental and Social Responsibility - Sichuan Jinshi Technology Co., Ltd. and its subsidiary Sichuan Jinshi Printing Co., Ltd. have established pollution prevention facilities that meet the emission standards of volatile organic compounds (VOCs) as per the Sichuan Provincial regulations[76]. - The company has maintained a 100% compliance rate in environmental monitoring, with all third-party testing results meeting regulatory standards during the reporting period[79]. - The company has established a comprehensive environmental management system, including ISO 14001 certification, to ensure ongoing compliance and improvement in environmental performance[81]. - Sichuan Jinshi Technology has committed to sustainable development by integrating environmental protection into its business strategy, focusing on energy conservation and emission reduction[83]. Shareholder and Governance Matters - The company will not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[72]. - The company has fulfilled its commitments regarding the lock-up period for shareholders, with the first two clauses completed and the second clause currently in compliance[86]. - The company will not transfer or entrust the management of its shares within six months after the IPO, and any share repurchase will not occur during this period[87]. - The company is currently in compliance with all regulatory requirements regarding shareholding and management commitments[86]. Future Outlook and Guidance - The company expects a revenue growth of 25% for the second half of 2022, driven by new product launches and market expansion strategies[90]. - The company has set a revenue growth target of 10% for the second half of 2022, focusing on strategic market expansion[159]. - Future guidance indicates a focus on sustainable practices, aiming for a 20% reduction in carbon emissions by 2025[90].

Financial Performance - The company's revenue for Q1 2022 was ¥43,203,121.69, a decrease of 66.97% compared to ¥130,815,990.62 in the same period last year[2] - Net profit attributable to shareholders was ¥957,776.85, down 97.44% from ¥37,344,024.90 year-on-year[2] - The net cash flow from operating activities was -¥11,617,898.99, a decline of 112.79% compared to ¥90,832,982.07 in the previous year[2] - Total operating revenue for Q1 2022 was CNY 43,203,121.69, a decrease of 66.9% compared to CNY 130,815,990.62 in the same period last year[15] - Net profit for Q1 2022 was CNY 650,846.38, a significant decline from CNY 37,344,024.90 in Q1 2021[17] - The company reported a comprehensive income total of CNY -44,220,171.68 for Q1 2022, compared to CNY 63,922,578.44 in the previous year[18] - The company reported a significant decrease in sales revenue due to a reduction in cigarette label sales, contributing to a 66.97% drop in revenue[5] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,694,156,928.14, a decrease of 5.21% from ¥1,787,294,816.25 at the end of the previous year[2] - The total assets decreased to CNY 1,694,156,928.14 from CNY 1,787,294,816.25, reflecting a decline of 5.2%[14] - Total liabilities decreased to CNY 121,494,665.25 from CNY 170,412,381.68, a reduction of 28.7%[14] - The equity attributable to shareholders of the parent company was CNY 1,563,926,448.54, down from CNY 1,607,839,689.75, a decrease of 2.7%[14] Cash Flow - The cash flow from investment activities was ¥13,225,316.46, a significant improvement compared to -¥276,863,335.51 in the previous year, due to reduced expenditures on structured deposits[6] - The net cash flow from investment activities improved to 13,225,316.46 CNY, compared to a negative 276,863,335.51 CNY in the same period last year[21] - Cash received from sales of goods and services was CNY 58,147,616.52, a decrease from CNY 193,614,615.10 in the same period last year[19] - The company reported a total cash outflow from operating activities of 71,322,393.65 CNY, compared to 108,222,480.57 CNY in the previous year[21] - The ending balance of cash and cash equivalents was 305,595,325.81 CNY, compared to 165,591,201.62 CNY at the end of the previous year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 24,707[7] - The largest shareholder, Caishi Group Limited, holds 65.84% of the shares, totaling 266,666,667 shares[7] - The second-largest shareholder, Shenzhen Qianhai Caishi Investment Management Co., Ltd., holds 16.46% of the shares, totaling 66,666,667 shares, with 50,600,000 shares pledged[7] Investment and Expenditures - Investment income increased by 464.53% to ¥1,008,061.72, attributed to the redemption of structured deposits[5] - The company experienced a decrease in research and development expenses by 36.93% to ¥1,857,783.47, indicating reduced spending in this area[5] - As of March 31, 2022, the total investment in the Hunan production base amounts to 368.99 million RMB, with 58.63 million RMB from self-owned funds and 310.37 million RMB from raised funds[9] - The company has decided to cease its cigarette label printing business due to significant market changes and is currently developing a feasible adjustment plan for the raised funds[9] - The company is in the early stages of researching and verifying the implementation plan for the adjustment of the raised funds[9] Tax and Expenses - The company reported a 95.40% decrease in income tax expenses to ¥302,331.71, reflecting a reduction in total profit[6] - Cash paid for purchasing goods and services was 48,265,041.49 CNY, down from 67,631,897.64 CNY year-over-year[21] Audit and Compliance - The company did not conduct an audit for the first quarter report[23] - The cash flow from operating activities showed a significant decline, indicating potential challenges in operational efficiency[21]

Financial Performance - The company's operating revenue for 2021 was ¥386,991,754.17, a decrease of 39.48% compared to ¥639,429,048.77 in 2020[19] - The net profit attributable to shareholders for 2021 was ¥55,736,547.23, down 70.54% from ¥189,182,249.82 in 2020[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥48,550,955.80, a decline of 73.05% from ¥180,118,829.02 in 2020[19] - The net cash flow from operating activities was ¥142,521,692.10, a decrease of 46.30% compared to ¥265,426,306.55 in 2020[19] - Basic earnings per share for 2021 were ¥0.14, down 70.21% from ¥0.47 in 2020[19] - The weighted average return on net assets was 3.70%, a decrease of 10.22% from 13.92% in 2020[19] - The company reported a net profit of CNY 125,638,350.58 for the year 2021, with a legal surplus reserve of CNY 12,563,835.06 deducted[142] - The total cash dividend distributed was CNY 20,250,000.00, representing 100% of the total profit distribution amount[140] - The cash dividend per 10 shares was CNY 0.50 (including tax), based on a total share capital of 405,000,000 shares[142] - The company's available profit for distribution as of December 31, 2021, was CNY 189,124,326.75[142] Revenue Breakdown - Revenue from cigarette labels was ¥358,054,868.99, accounting for 92.52% of total revenue, down 41.96% from ¥616,932,691.97 in 2020[42] - The company achieved a gross margin of 33.37% in the packaging printing sector, which is a decrease of 5.91% year-on-year[44] - The production volume of packaging printing decreased by 42.65% to 54.31 million boxes in 2021 from 94.7 million boxes in 2020[46] - The Southwest region contributed ¥183,563,660.79, representing 47.43% of total revenue, with a year-on-year decrease of 7.26%[42] - The company reported a total revenue of 22.68 million yuan for the period, with a net loss of 1.71 million yuan[70] Investment and Capital Expenditure - The company has invested 64.14 million yuan in the Hunan production base project, with a cumulative investment of 351.18 million yuan[73] - The packaging printing production line expansion and technical transformation project has achieved an investment progress of 96.88%, with a total investment of 233.36 million yuan and 48.44 million yuan utilized[81] - The packaging materials production line technical transformation and expansion project has reached 100% of its investment target, with a total investment of 45.10 million yuan fully utilized[81] - The technology research and development center construction project has also achieved 100% investment completion, with a total investment of 68.90 million yuan fully utilized[81] - The company has reallocated part of the raised funds from previous projects to support the Hunan production base project, totaling 160.02 million yuan[82] Research and Development - Research and development expenses amounted to ¥10,435,261.45, a decrease of 5.18% compared to the previous year[52] - The company is focusing on the development of high-performance porous carbon materials for supercapacitors, aiming for a power output of 100 kW kg-1[54] - The company has completed the installation and debugging of a supercritical reaction platform for MXenes synthesis, enhancing its production capabilities[54] - The company aims to lead the commercialization of MXenes through breakthroughs in synthesis technology, establishing a competitive edge in the industry[54] - The company has invested 50 million yuan in R&D for new technologies aimed at improving production processes[119] Market Strategy and Operations - The company aims to expand its market share by continuously improving product quality and service offerings[35] - The company operates under a bidding system for its products, ensuring competitive pricing and adherence to client specifications[32] - The cigarette label printing industry is characterized by high entry barriers and stable demand, providing a favorable environment for the company's growth[29] - The company is focused on rapid response to customer needs for new product development, which is crucial for maintaining competitiveness in the tobacco market[37] - The company plans to enhance its online sales platform, aiming for a 40% increase in online sales by the end of 2022[120] Corporate Governance - The company has established a complete governance structure, including a board of supervisors that effectively supervises major matters and financial conditions[101] - The company has a transparent and structured performance evaluation and incentive mechanism for senior management, with salaries determined by the remuneration and assessment committee[101] - The company actively respects and protects the rights of all stakeholders, fulfilling its corporate social responsibility[102] - The company has implemented effective communication channels for investors, ensuring timely disclosure of significant matters[103] - The company has established a rigorous internal control self-assessment process, enhancing governance and risk management[130] Environmental Responsibility - The company emphasizes environmental protection and compliance with national standards for waste management and emissions in its production processes[93] - The company has established pollution prevention facilities that meet the emission standards for volatile organic compounds (VOCs) as per local regulations[152] - The company has implemented a comprehensive environmental monitoring system, ensuring all emissions are within regulatory limits[154] - The company has not faced any administrative penalties related to environmental issues during the reporting period[155] - The company promotes green production practices and encourages employees to adopt energy-saving behaviors[158] Shareholder Relations - The company ensures that minority shareholders have opportunities to express their opinions and that their rights are protected during profit distribution decisions[140] - The company has a proactive profit distribution policy, combining stock and cash dividends to reward shareholders[156] - The company reported a lock-up period extension of 6 months for shares held by directors and senior management after the initial public offering[164] - Shareholders are restricted from transferring more than 25% of their total shares directly or indirectly during their tenure as directors or senior management[168] - The company is committed to complying with regulations set by the China Securities Regulatory Commission regarding shareholding reductions[169]

Financial Performance - Revenue for Q3 2021 was ¥82,346,279.27, a decrease of 48.51% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2021 was ¥15,110,081.56, down 67.08% year-on-year[2] - Net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥13,745,760.21, a decline of 67.92% compared to the previous year[2] - Basic earnings per share for Q3 2021 was ¥0.04, a decrease of 63.64% year-on-year[2] - Total operating revenue for Q3 2021 was CNY 304,979,732.47, a decrease of 29.9% compared to CNY 434,725,165.36 in the same period last year[20] - Net profit for Q3 2021 was CNY 54,625,606.19, a decline of 54.5% compared to CNY 120,329,540.38 in Q3 2020[21] - Basic and diluted earnings per share for Q3 2021 were both CNY 0.14, down from CNY 0.30 in the same quarter last year[22] Cash Flow and Assets - Cash flow from operating activities for the year-to-date period was ¥124,690,451.59, down 49.39%[2] - The company reported a decrease in cash and cash equivalents from 417,019,973.37 CNY at the end of 2020 to 369,569,231.95 CNY by September 30, 2021[17] - The company's cash and cash equivalents were not explicitly detailed, but total current assets were CNY 642,164,773.31, down from CNY 722,015,910.32 year-over-year[19] - The ending balance of cash and cash equivalents was ¥238.72 million, down from ¥338.99 million, indicating a decrease of about 29.5%[25] - Cash inflow from investment activities increased to ¥572.63 million compared to ¥531.28 million in the previous period, showing a growth of about 7.8%[25] - Cash received from the recovery of investments was ¥566.80 million, up from ¥526.50 million, reflecting an increase of approximately 7.6%[25] - Cash paid for the purchase of fixed assets and intangible assets was ¥63.47 million, significantly lower than ¥177.18 million in the previous period, a decrease of about 64.1%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 18,265[8] - The largest shareholder, Caishi Group Limited, holds 65.84% of the shares, totaling 266,666,667 shares[8] - The equity attributable to shareholders at the end of the reporting period was ¥1,542,218,620.79, up 9.31% from the previous year[2] - The company’s total equity attributable to shareholders increased to CNY 1,542,218,620.79 from CNY 1,410,891,081.42, indicating a growth of 9.3%[19] Operational Changes - The decline in revenue and net profit was primarily due to reduced orders from Hunan Tobacco and Anhui Tobacco[6] - The company has decided to halt the construction of the Hunan Jinshi project due to significant market changes and is currently seeking better alternatives[11] - A new subsidiary, Shenzhen Jinshi Materials Technology Co., Ltd., has been established with an investment of 25.5 million CNY[12] Legal and Compliance Issues - The company is currently involved in a legal case regarding alleged bribery, which may impact future profits[14] - The company did not undergo an audit for the third quarter report[26] Investment and Liabilities - Total assets at the end of the reporting period were ¥1,752,344,084.65, an increase of 4.02% from the end of the previous year[2] - Total liabilities decreased to CNY 200,835,668.24 in Q3 2021 from CNY 273,790,962.68 in the same period last year, representing a reduction of 26.6%[19] - The company reported a total of ¥1,364,321.35 in non-recurring gains for the reporting period[4] - The actual net amount of raised funds is 390,308,876.37 CNY, with an increase of 16,400,613.69 CNY from interest and investment income[10] - The company has utilized a total of 338,605,710.36 CNY from the raised funds, with a remaining balance of 68,103,779.70 CNY[10] Return on Equity - The weighted average return on equity for the year-to-date period was 3.85%, down 5.14% from the previous year[2]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥222,633,453.20, a decrease of 18.99% compared to ¥274,805,925.56 in the same period last year[19]. - The net profit attributable to shareholders was ¥39,945,729.01, down 46.33% from ¥74,430,662.88 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was ¥35,660,990.99, reflecting a decline of 51.80% compared to ¥73,983,608.54 in the previous year[19]. - Basic earnings per share were ¥0.10, down 44.44% from ¥0.18 in the previous year[19]. - The company's operating profit was ¥47,053,000.18, down 49.3% from ¥92,676,529.01 in the first half of 2020[148]. - The total comprehensive income for the first half of 2021 was 391.59 million, representing a decrease of 45.7% compared to the previous period[164]. - The net profit for the first half of 2021 was ¥39,881,337.72, representing a decline of 46.4% from ¥74,430,662.88 in the previous year[148]. - The company reported a net profit of 24.39 million yuan for the period, a decrease of 58.83% compared to the same period last year, primarily due to reduced sales from a major client[62]. Cash Flow and Assets - The net cash flow from operating activities was ¥105,761,735.56, a decrease of 14.49% from ¥123,685,200.52 in the same period last year[19]. - The company's cash and cash equivalents decreased to ¥350,834,546, representing 21.29% of total assets, down from 24.75%[45]. - The total assets at the end of the reporting period amounted to CNY 1,648,092,255.32, a decrease from CNY 1,684,682,044.10 at the end of 2020[139]. - Cash and cash equivalents at the end of the period were CNY 260,769,575.17, down from CNY 586,218,987.92 at the beginning of the period[158]. - The total cash inflow from operating activities was CNY 67,313,725.56, a decrease of 50.5% from CNY 135,907,819.34 in the previous year[159]. - The company reported a significant increase in asset impairment losses, which totaled ¥-23,011,896.99 compared to ¥-2,891,795.82 in the same period of 2020[148]. Revenue Breakdown - Revenue from cigarette labels was ¥204,838,842.16, accounting for 92.01% of total revenue, down 23.20% year-over-year[39]. - Revenue from laser transfer paper increased by 48.39% to ¥7,973,949.34, driven by increased customer orders[41]. - Revenue from other products surged by 261.30% to ¥9,820,661.70, attributed to increased material sales and processing fees[41]. - The gross profit margin for the packaging and printing industry was 37.72%, a decrease of 1.79% from the previous year[40]. - The company's main product, cigarette label printing, accounted for 96.13% of its main business revenue during the reporting period[63]. Operational Challenges and Risks - The company faced significant risks due to high customer concentration, with the top five clients contributing 88.52% of total revenue in the first half of 2021[63]. - The company is currently undergoing a temporary suspension and adjustment of operations at its facilities[56]. - The company faces risks from economic fluctuations and declining demand, which could adversely affect its revenue and profitability due to factors beyond its control[66]. - Regulatory risks from increased tobacco taxes and expanded smoking bans may impact cigarette sales, subsequently affecting the sales and prices of cigarette labels[66]. - The expansion of the e-cigarette market poses a risk to traditional tobacco demand, potentially impacting the company's sales and profits[69]. Strategic Initiatives - The company plans to adapt its business strategy by focusing on R&D innovation to create a competitive advantage and enhance customer loyalty[68]. - The company plans to continue optimizing production efficiency and reducing costs through technological innovation[64]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the market[166]. - The company plans to invest 30 million yuan in research and development for innovative solutions in the upcoming fiscal year[196]. Environmental and Regulatory Compliance - Sichuan Jinshi Technology Co., Ltd. is classified as a key pollutant discharge unit by the environmental protection department[82]. - The company has established pollution prevention facilities that meet the Sichuan Province's emission standards for VOCs[83]. - The company has conducted annual environmental monitoring through qualified third-party organizations, with all data meeting regulatory standards[85]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[86]. Shareholder and Capital Structure - The actual controller holds 82.30% of the company's shares, which may influence major decisions, potentially affecting the interests of public shareholders[73]. - The total number of shares is 405 million, with 82.30% being limited shares and 17.70% being unrestricted shares[121]. - The largest shareholder, Caishi Group Co., Ltd., holds a 65.84% stake in the company, with no changes in shareholding during the reporting period[125]. - The company has not distributed cash dividends or bonus shares for the half-year period, nor has it increased capital through public reserves[79]. Future Outlook - The company provided a positive outlook for the next quarter, projecting a revenue growth of 20% year-over-year[196]. - The company plans to expand its market presence and invest in new product development to drive future growth[166]. - The company is focusing on expanding its market presence and developing new technologies, although specific strategies were not disclosed in the provided documents[178].

Financial Performance - The company's operating revenue for Q1 2021 was ¥130,815,990.62, representing a 7.17% increase compared to ¥122,062,909.09 in the same period last year[8] - The net profit attributable to shareholders was ¥37,344,024.90, up by 5.80% from ¥35,298,024.49 year-on-year[8] - The total comprehensive income for Q1 2021 was CNY 63,922,578.44, significantly higher than CNY 35,298,024.49 in the previous year[49] - The total profit for Q1 2021 was CNY 43,911,735.19, compared to CNY 41,591,078.75 in the previous year, reflecting a growth of approximately 5.6%[49] - The company reported a gross profit margin of approximately 32.9% for Q1 2021, compared to 38.7% in the previous year[51] Cash Flow and Liquidity - The net cash flow from operating activities surged by 421.55%, reaching ¥90,832,982.07 compared to ¥17,415,983.16 in the previous year[8] - The cash flow from operating activities generated a net amount of CNY 90,832,982.07, a substantial increase from CNY 17,415,983.16 in the prior period[56] - Cash and cash equivalents decreased by 49.08% to ¥212.35 million due to investments in structured deposits and project expenditures[17] - The cash flow from operating activities was significantly impacted by a total cash outflow of 34,936,607.12 yuan, compared to 49,340,650.18 yuan in the previous period[59] - The company experienced a net decrease in cash and cash equivalents of -18,225,592.34 yuan during the period[60] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥1,724,010,392.74, a 2.33% increase from ¥1,684,682,044.10 at the end of the previous year[8] - The total assets increased from CNY 1,684,682,044.10 as of December 31, 2020, to CNY 1,724,010,392.74 as of March 31, 2021[37] - Total liabilities decreased to CNY 77,794,439.95 from CNY 57,575,239.77 year-on-year[44] - The company has a total of CNY 316,733,998.44 in trading financial assets as of March 31, 2021, compared to CNY 88,361,685.19 at the end of 2020[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,218[12] - The largest shareholder, Caishi Group Co., Ltd., held 65.84% of the shares, amounting to 266,666,667 shares[12] Research and Development - Research and development expenses rose by 44.23% to ¥2.95 million, reflecting increased investment in R&D[17] - Research and development expenses rose to CNY 2,945,499.14, compared to CNY 2,042,213.49 in the previous period[47] Investments and Future Plans - The company plans to establish a new subsidiary, Sichuan Jinshi New Energy Technology Co., Ltd., with an investment of ¥22.68 million to diversify its business[19] - The company has invested ¥332.46 million in the Hunan production base, with plans to adjust its business focus away from cigarette label printing[20] - The company has committed a total of CNY 40,086.38 million for various fundraising projects, with CNY 32,916.41 million cumulatively invested[26] Other Financial Metrics - The weighted average return on equity slightly decreased to 2.61% from 2.63% year-on-year[8] - The company reported non-recurring gains and losses totaling ¥1,607,554.83 for the period[9] - The company recorded other income of CNY 1,102,528.66 in Q1 2021, compared to CNY 381,722.84 in the previous year, indicating improved financial performance[51] - The company reported a significant increase in other income to CNY 1,107,651.08 from CNY 861,882.28[47]

Financial Performance - The company's operating revenue for 2020 was CNY 639,429,048.77, representing a 9.37% increase compared to CNY 584,632,446.72 in 2019[16] - The net profit attributable to shareholders for 2020 was CNY 189,182,249.82, which is a 4.86% increase from CNY 180,409,502.72 in 2019[16] - The net profit after deducting non-recurring gains and losses was CNY 180,118,829.02, up 7.76% from CNY 167,145,693.73 in 2019[16] - The basic earnings per share for 2020 was CNY 0.47, a 2.17% increase from CNY 0.46 in 2019[16] - The weighted average return on equity was 13.92%, slightly down from 14.35% in 2019[16] - The company maintained a gross margin of 39.28% in the packaging printing sector, a slight decrease of 0.18% from the previous year[49] - The sales volume of packaging printing reached 966,600 boxes, representing a year-on-year increase of 22.00%[51] - The company achieved a revenue of 639.43 million yuan in 2020, an increase of 9.37% compared to the previous year[40] - The company's net profit for 2020 was RMB 142,762,215, with a legal surplus reserve of RMB 14,276,221, resulting in a remaining undistributed profit of RMB 136,187,811[126] - The total cash dividend for 2020 represents 100% of the total distributable profit[125] Cash Flow and Investments - The net cash flow from operating activities decreased by 15.19% to CNY 265,426,306.55 from CNY 312,960,212.62 in 2019[16] - The company's investment cash inflow decreased by 62.19% to ¥712,045,587.75 in 2020 compared to ¥1,883,300,937.27 in 2019[61] - The total amount of cash and cash equivalents decreased by 198.68% to -¥234,597,432.86 in 2020 from an increase of ¥237,739,537.60 in 2019[61] - The company has restricted cash totaling ¥54,742,076.79 for bank acceptance bill pledges and ¥10,656,341.52 for acceptance bill guarantees, with total restricted assets amounting to ¥149,317,866.67[68] - The total investment amount for the reporting period reached ¥484,469,554.45, representing a significant increase of 101.86% compared to the previous year's investment of ¥240,000,000.00[69] Business Strategy and Market Position - The company aims to enhance its market share by providing high-quality cigarette labels and related products to major tobacco enterprises[34] - The company has established stable partnerships with multiple national tobacco companies, leveraging its experience in the cigarette label printing industry[34] - The company actively participates in bidding for new cigarette product upgrades and brand development, seeking new profit growth points[26] - The company is currently developing new products and technologies to expand its market presence[76] - The company plans to continue its investment strategy focusing on non-equity investments to support growth initiatives[74] - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[76] Research and Development - The company has developed 55 patents, including 2 invention patents and 53 utility model patents, by the end of 2020[43] - Research and development expenses in 2020 were ¥11,005,254.06, down 10.05% from ¥12,235,249.76 in 2019[59] - The number of R&D personnel decreased by 21.28% to 37 in 2020, down from 47 in 2019[59] - The company is committed to ongoing research and development to maintain a competitive edge in the market, aiming to innovate and differentiate its offerings[109] Risk Management - The company faces risks from economic fluctuations and demand declines, as consumer demand for cigarettes is influenced by factors beyond its control, such as economic conditions and health awareness[105] - The company is exposed to policy risks due to potential increases in tobacco taxes and stricter smoking regulations, which could adversely affect cigarette sales and, consequently, label sales[106] - The company has established good relationships with several major tobacco companies, but must adapt to the increasing concentration in the cigarette industry to maintain its competitive position[107] - The company is actively working to mitigate risks associated with market volatility, including raw material price fluctuations, by enhancing production efficiency and management practices[111] Corporate Governance and Compliance - The company has established a profit distribution policy that includes a cash dividend plan, ensuring compliance with regulations and considering the opinions of independent directors and shareholders[118] - The independent directors have fulfilled their responsibilities in the decision-making process regarding the cash dividend policy[119] - The company has provided sufficient opportunities for minority shareholders to express their opinions and protect their legal rights[119] - The company is committed to ensuring compliance with regulatory requirements, particularly in social insurance and housing fund contributions, to avoid any potential penalties[182] Future Outlook - The company provided a positive outlook for the next quarter, projecting a revenue increase of 20%[136] - New product launches are expected to contribute an additional 300 million yuan in revenue over the next fiscal year[138] - The company plans to expand its market presence in Southeast Asia, targeting a revenue contribution of 15% from this region by 2022[146] - The company has set a performance guidance of 1.8 billion yuan for the upcoming fiscal year, indicating strong growth potential[135]