证券代码：300179 证券简称：四方达 编号：2022-019 | --- | --- | --- | --- | |------------------|------------------------------------|---------------|-------| | | | | | | | √特定对象调研 | □分析师会议 | | | 投资者关系活动类 | □媒体采访 □业绩说明会 | | | | 别 | □新闻发布会 □路演活动 | | | | | □现场参观 □一对一沟通 | | | | | □其他 （请文字说明其他活动内容） | | | | | First Beijing Holdings Limited | Jiehao Hu | | | | 源乘投资 唐亚丹 | | | | | 相聚资本 白昊龙 | | | | | 富达基金 Sunny Yang | | | | | 海通研究所 赵靖博 | 刘绮雯 赵玥炜 | | | | 泊通投资 庄臣 | | | | | 国华人寿保险 袁林 | | | | | 西部利得基金 陈保国 | | | | | 玖鹏资产 胡纪相 | | | | 参与单位名 ...

证券代码：300179 证券简称：四方达 河南四方达超硬材料股份有限公司投资者关系活动记录表 编号：2022-018 | --- | --- | --- | --- | --- | --- | |------------------|--------------|-----------------|----------------------------|-------|-------| | | | | | | | | | | √特定对象调研 | □分析师会议 | | | | 投资者关系活动类 | | | □媒体采访 □业绩说明会 | | | | 别 | | | □新闻发布会 □路演活动 | | | | | | | □现场参观 □一对一沟通 | | | | | □其他 | | （请文字说明其他活动内容） | | | | | 国华兴益资管 | 韩冬伟 | 王志琦 | | | | | 中银国际证券 | 刘先政 | 李倩倩 | | | | | 财通基金 | 杨费凡 | | | | | | 南方天辰 | 魏子钦 | | | | | | 益昶资产 | 李艳 申云祥 | 徐颖 | | | | | | | | | | | ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 131,919,834, representing a 16.09% increase compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 reached CNY 39,917,360, an increase of 83.19% year-on-year[4] - The basic earnings per share for Q3 2022 was CNY 0.0818, up 83.00% from CNY 0.0447 in the same quarter last year[4] - The total operating revenue for the third quarter of 2022 was CNY 393,709,855.69, an increase of 26.6% compared to CNY 310,981,847.80 in the same period last year[23] - The net profit for the third quarter was CNY 124,032,435.66, representing a significant increase of 75.5% from CNY 70,685,725.29 year-over-year[24] - The company reported a total comprehensive income of CNY 123,532,268.63 for the quarter, compared to CNY 70,734,202.53 in the previous year, an increase of 74.5%[25] Assets and Liabilities - Total assets at the end of Q3 2022 were CNY 1,432,187,971.55, reflecting a 16.13% increase from the beginning of the year[4] - The company's total assets reached CNY 1,432,187,971.55, compared to CNY 1,233,230,164.96 in the previous year, marking a growth of 16.1%[21] - The total liabilities increased to CNY 272,671,638.76 from CNY 240,123,552.95, which is an increase of 13.5%[21] - The equity attributable to shareholders of the parent company rose to CNY 1,070,856,400.70, up from CNY 937,004,589.97, indicating a growth of 14.2%[21] Cash Flow - The company's cash flow from operating activities for the year-to-date was CNY 100,163,000, a 13.38% increase compared to the previous year[4] - The net cash flow from operating activities for the current period is ¥100,163,092.47, an increase of 13.5% compared to ¥88,340,759.89 in the previous period[27] - The total cash inflow from operating activities is ¥415,183,248.35, an increase of 25.8% from ¥330,032,961.74 in the previous period[26] - The cash flow from financing activities shows a net increase of ¥7,750,000.00, contrasting with a net outflow of -¥89,632,170.97 in the previous period[27] - The net cash flow from investing activities decreased significantly by 518.66% to -¥270,494,529.71, compared to ¥64,610,156.77 in the previous year, primarily due to increased purchases of fixed assets[11] Expenses - Sales expenses increased by 35.88% to ¥28,034,613.92 compared to ¥20,631,524.39 in the same period last year, primarily due to increased operating income[11] - R&D expenses rose by 31.29% to ¥43,729,891.15 from ¥33,307,743.46 year-over-year, mainly due to increased R&D investments and the addition of new subsidiaries to the consolidated financial statements[11] - Income tax expenses increased by 182.65% to ¥18,839,294.78 from ¥6,665,352.91, mainly due to an increase in total profit[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 26,524, with no preferred shareholders having restored voting rights[13] - The largest shareholder, Fang Haijiang, holds 28.73% of the shares, amounting to 34,201,365 shares[13] Intellectual Property - The company obtained a total of 18 patents from the beginning of the year to the reporting period[17] - The company successfully defended against a patent infringement investigation by the U.S. International Trade Commission, resulting in the invalidation of three patents claimed by a competitor[17] Other Financial Metrics - Other income surged by 148.17% to ¥26,958,231.01, up from ¥10,862,821.58, primarily due to increased government subsidies received[11] - The deferred income decreased to CNY 64,457,885.25 from CNY 70,573,036.08, a decline of 8.5%[21] - Cash and cash equivalents decreased to ¥121,498,041.74 from ¥290,226,752.88 at the beginning of the year[19] - The cash outflow for purchasing goods and services is ¥156,593,941.42, which is a 69.5% increase compared to ¥92,499,996.90 in the previous period[26] - The cash received from tax refunds is ¥16,134,927.02, significantly higher than ¥689,971.70 in the previous period[26] - The cash outflow for employee payments is ¥84,831,088.72, an increase from ¥66,361,204.07 in the previous period[26] - The cash flow impact from exchange rate changes is ¥2,681,422.42, compared to -¥236,577.69 in the previous period[27]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥261,790,021.14, representing a 32.66% increase compared to the same period last year[23]. - The net profit attributable to shareholders for the same period was ¥89,307,162.51, an increase of 82.93% year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥71,992,884.04, up 83.83% from the previous year[23]. - The net cash flow from operating activities reached ¥69,606,783.87, reflecting a 51.97% increase compared to the previous year[23]. - Basic earnings per share rose to ¥0.1830, an increase of 84.48% year-on-year[23]. - Total assets at the end of the reporting period were ¥1,407,027,431.37, a 14.09% increase from the end of the previous year[23]. - The net assets attributable to shareholders increased to ¥1,029,739,481.95, representing a 9.90% growth compared to the previous year[23]. - The weighted average return on equity improved to 9.10%, an increase of 3.68 percentage points from the previous year[23]. - The company reported a significant increase in income tax expenses, which rose by 154.40% to ¥13,259,096.29, attributed to the increase in total profit for the period[56]. - The gross profit margin improved, with operating costs rising by 29.55% to ¥117,403,823.83, reflecting the increase in revenue[56]. Market and Industry Position - The company operates in the superhard materials industry, which has seen significant technological advancements and market expansion opportunities[32]. - The domestic market for diamond powder is competitive, with many producers concentrated in Henan Province, ensuring a stable supply[33]. - The company is positioned as a leading player in the niche market of composite superhard materials, although its global market share remains low[34]. - The demand for oil and gas extraction products is expected to rise due to increasing exploration activities and favorable government policies[35]. - The company anticipates a long-term growth cycle in the domestic oil and gas industry, supported by national energy security strategies[37]. - The global market for oil and gas extraction products is recovering, with an increase in active drilling platforms noted since Q4 2020[37]. - The company is focused on enhancing its technological capabilities to meet the demands of the evolving superhard materials market[32]. - Future growth is expected as the company capitalizes on the increasing demand for high-end industrial applications of CVD diamond[32]. Research and Development - Research and development investment reached ¥27,534,260.30, an increase of 30.24% compared to the previous year, primarily due to increased R&D efforts and the inclusion of a newly consolidated subsidiary[56]. - The company has been recognized as a "National-level Enterprise Technology Center," highlighting its strong R&D capabilities and innovation advantages[54]. - The company is focusing on R&D and brand development to enhance the competitiveness of domestic superhard tools in the market[41]. - The company has initiated new product development strategies aimed at expanding market share in the ultra-hard materials sector[172]. - The company has allocated 1,540 million yuan for research and development of new technologies[176]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[10]. - The company aims to expand its domestic and international markets while enhancing its risk response capabilities through technological advancements and capital operations[5]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[169]. - A strategic acquisition of a local competitor is expected to be finalized by Q3 2022, which will enhance production capacity by 40%[85]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[84]. Operational Efficiency - The company has developed diamond tools that significantly improve mining efficiency and reduce costs, filling a gap in diamond applications in metal mining and road construction[38]. - The gross margin improved to 35%, up from 30% in the previous year, reflecting better cost management and pricing strategies[87]. - The company aims to reduce operational costs by 15% through efficiency improvements in the supply chain[84]. Shareholder and Governance - The company did not distribute cash dividends for the first half of 2022, opting to reinvest profits into growth initiatives[96]. - The company’s governance structure remains stable, with no changes in the board of directors or senior management during the reporting period[95]. - The company has not engaged in any related party transactions during the reporting period, ensuring transparency in financial dealings[113]. - The company has appointed Xin Yong Zhong He as the auditor for the 2022 financial report, reflecting a commitment to financial integrity[109]. Risks and Challenges - The company faces macroeconomic volatility risks, which may impact operational stability due to increased uncertainty in international trade[78]. - New product market development risks are acknowledged, with strategies in place to improve product quality and sales channels[78]. - Currency fluctuation risks are being addressed through enhanced cooperation with financial institutions for better risk management[79]. Future Outlook - The company provided a future outlook projecting a revenue growth of 10% for the second half of 2022, driven by new product launches and market expansion[84]. - Future guidance estimates a revenue growth of 10% for the next half of the year[169]. - The company plans to enter new international markets, with a focus on Europe and North America, aiming for a 15% contribution to total revenue by 2023[88].

Financial Performance - The company's revenue for Q1 2022 was ¥126,144,669.59, representing a 37.93% increase compared to ¥91,457,939.84 in the same period last year[3]. - Net profit attributable to shareholders was ¥41,260,173.83, an increase of 82.55% from ¥22,602,461.04 year-on-year[3]. - Basic earnings per share rose to ¥0.0846, an increase of 85.12% compared to ¥0.0457 in the same period last year[3]. - Total operating revenue for the current period reached ¥126,144,669.59, a significant increase from ¥91,457,939.84 in the previous period, representing a growth of approximately 37.9%[25]. - Net profit for the current period was ¥41,257,207.69, compared to ¥22,630,228.90 in the previous period, reflecting a growth of approximately 82.2%[27]. - Earnings per share (EPS) for the current period was ¥0.0846, an increase from ¥0.0457 in the previous period, representing a growth of about 85.5%[28]. Cash Flow - The net cash flow from operating activities was ¥38,407,157.66, up 22.50% from ¥31,353,523.69 in the previous year[3]. - Cash flow from operating activities was ¥110,279,502.45, compared to ¥82,850,609.45 in the previous period, showing an increase of about 33.2%[30]. - Net cash inflow from operating activities was $38,407,157.66, an increase from $31,353,523.69 in the previous period, representing a growth of approximately 22.5%[31]. - Total cash inflow from investment activities was $101,472,159.41, down from $214,491,115.53, indicating a decrease of about 52.7%[31]. - Net cash outflow from investment activities was -$111,959,953.69, compared to -$99,866,609.56 in the prior period, reflecting a worsening of approximately 12.1%[31]. - Cash and cash equivalents decreased from ¥281,747,290.41 to ¥201,014,572.46, a decline of approximately 28.6%[20]. - Cash received from tax refunds was $1,270,358.81, compared to $2,367.63 previously, indicating a significant increase[31]. - Cash paid for purchasing goods and services was $49,581,850.06, up from $23,454,765.81, representing an increase of approximately 111.5%[31]. - Cash paid to employees was $27,571,211.37, an increase from $24,029,081.63, reflecting a growth of about 10.6%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,216,863,500.47, a 3.34% increase from ¥1,177,491,155.16 at the end of the previous year[4]. - Total current assets increased from ¥724,103,198.91 to ¥748,479,834.52, an increase of about 3.4%[21]. - The total amount of receivables increased from ¥166,942,099.46 to ¥189,326,642.54, an increase of about 13.4%[20]. - Total liabilities decreased to ¥235,049,129.71 from ¥239,153,875.43, indicating a reduction of about 1.7%[23]. - The company's retained earnings rose to ¥297,597,546.07 from ¥256,337,372.24, reflecting an increase of approximately 16.1%[23]. - The total equity attributable to shareholders increased to ¥981,152,482.12 from ¥937,672,424.95, representing a growth of approximately 4.6%[23]. Investments and Shareholder Information - The company reported a significant increase in government subsidies, totaling ¥9,431,021.33, which is a 430.46% increase from ¥1,777,896.99 in the previous year[10]. - The company experienced a 110.87% increase in trading financial assets, which rose to ¥190,000,000.00 from ¥90,101,111.12[9]. - The largest shareholder, Fang Haijiang, holds 28.61% of shares, totaling 139,610,024 shares[13]. - The total number of common shareholders at the end of the reporting period is 28,076[12]. - The company has a total of 109,919,772 restricted shares at the end of the reporting period[17]. Legal Matters - The company is involved in a legal case with the U.S. International Trade Commission regarding patent infringement, with a preliminary ruling in favor of the company[18]. Inventory and Fixed Assets - The company’s inventory increased from ¥88,085,687.00 to ¥94,426,448.57, an increase of approximately 7.6%[21]. - The company’s fixed assets decreased slightly from ¥217,850,165.10 to ¥216,483,367.74, a decrease of about 0.6%[21].

Financial Performance - The company's operating revenue for 2021 was CNY 416,894,538.48, representing a 30.90% increase compared to CNY 318,476,418.30 in 2020[15]. - The net profit attributable to shareholders for 2021 was CNY 92,027,743.47, a 22.23% increase from CNY 75,287,767.49 in 2020[15]. - The net profit after deducting non-recurring gains and losses was CNY 66,073,080.82, which is a significant increase of 57.12% compared to CNY 42,052,078.63 in 2020[15]. - The basic earnings per share for 2021 was CNY 0.1897, up 24.97% from CNY 0.1518 in 2020[15]. - The company's total revenue for 2021 was 416,894,538.48 CNY, with quarterly revenues of 91,457,939.84 CNY in Q1, 105,885,111.76 CNY in Q2, 113,638,796.20 CNY in Q3, and 105,912,690.68 CNY in Q4[17]. - The net profit attributable to shareholders for the year was 91,027,743.47 CNY, with quarterly figures of 22,602,461.04 CNY in Q1, 26,219,266.94 CNY in Q2, 21,790,080.02 CNY in Q3, and 21,415,935.47 CNY in Q4[17]. - The gross profit margin for the manufacturing sector improved to 52.89%, an increase of 4.10 percentage points from the previous year[51]. - The precision processing segment saw a significant revenue growth of 52.14%, with sales amounting to ¥159,004,271.92 in 2021, up from ¥104,512,913.01 in 2020[48]. - The company reported a total revenue of 1,255.7 million in 2021, showing a significant increase compared to 1,179.0 million in 2020, representing a growth of approximately 6.5%[92]. - The company experienced a net profit of 197.008 million in 2021, which is a notable increase from the previous year's profit of 194.57 million, indicating a growth of about 1.2%[92]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB in 2021, representing a year-over-year growth of 20%[101]. Cash Flow and Investments - The net cash flow from operating activities decreased by 33.64% to CNY 113,775,140.82 from CNY 171,454,712.01 in 2020[15]. - The company received government subsidies amounting to 13,097,862.46 CNY in 2021, which is a decrease from 21,071,734.13 CNY in 2020[21]. - The total investment amount for the reporting period was CNY 798,050,700, a decrease of 16.74% compared to the previous year's investment of CNY 958,510,000[68]. - Operating cash inflow decreased by 5.13% to ¥429,513,860.41, while operating cash outflow increased by 12.26% to ¥315,738,719.59[60]. - The company's cash and cash equivalents increased by 70,981,959.52, a decrease of 26.62% compared to the previous year[60]. - The company reported a total investment of 50 million yuan in the "Liangzhu Asset Stable and Far-reaching Note Investment Private Fund" product, which was established on January 4, 2019[160]. - As of December 31, 2021, the company had recognized an accumulated impairment provision of 40.0577 million yuan for the aforementioned investment due to risks associated with the fund[163]. - The company has initiated legal proceedings to recover the remaining investment principal of 49 million yuan, which has not been returned as per the agreement[161]. Market Position and Strategy - The company is positioned as a leading player in the domestic superhard materials market, but its global market share remains low, indicating potential for future growth[26]. - The demand for oil and gas extraction products is expected to increase due to rising oil prices and improved extraction technologies, benefiting domestic companies like the one in focus[27]. - The company plans to leverage the favorable policies for foreign investment in the oil and gas sector to enhance its market presence[27]. - The superhard materials industry is experiencing technological advancements and expanding applications, which could drive future revenue growth for the company[25]. - The company has identified opportunities for market expansion in high-end composite superhard materials, which are currently dominated by foreign competitors[26]. - The company plans to accelerate the commercialization of R&D results, maintaining high-intensity R&D investment to meet core customer needs with new product launches[75]. - The company aims to leverage the recovery in the oil and gas extraction market, focusing on a "big customer strategy" to convert policy benefits into operational performance[76]. - The company intends to enhance market expansion in precision processing, increasing market share of superhard tool products to support future performance growth[76]. - The company is exploring potential mergers and acquisitions to enhance its market position and expand its product portfolio[92]. - The company is expanding its market presence in Southeast Asia, with plans to enter three new countries by the end of 2022[101]. Research and Development - The company has been recognized as a "National-level Enterprise Technology Center" and has received multiple honors, highlighting its strong R&D capabilities[43]. - Research and development expenses increased by 33.12% to ¥45,077,976.22, primarily due to increased R&D investments[58]. - The number of R&D personnel rose by 9.35% to 117, with the proportion of R&D personnel increasing by 0.82 percentage points to 21.12%[59]. - R&D investment as a percentage of operating income was 10.81%, up from 10.63% in the previous year[59]. - The company is committed to advancing functional diamond application technology in collaboration with Zhengzhou University[77]. - The company obtained a total of 38 patents during the reporting period, including 37 in China and 1 in the United States[170]. - In April 2021, the company signed a technology transfer agreement with Zhengzhou University to acquire certain CVD diamond preparation technologies and commissioned the university for research and development of diamond optoelectronic functional devices[170]. Governance and Compliance - The company strictly adheres to relevant laws and regulations for information disclosure, ensuring timely and accurate communication with investors[84]. - The company maintains independence from its controlling shareholder in terms of business, personnel, assets, institutions, and finance, ensuring no interference in decision-making[85]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[83]. - The company has a complete legal governance structure and operates independently from its controlling shareholder[85]. - The company has established a fair and effective performance evaluation and incentive mechanism for senior management, combining basic annual salary with year-end performance assessment[84]. - The company has no unresolved governance issues and complies with the corporate governance standards set by regulatory authorities[82]. - The company has a dedicated financial department with an independent accounting system and financial management practices[86]. - The company respects and protects the legitimate rights and interests of stakeholders, promoting balanced interests among shareholders, employees, and society[84]. - The company has a structured remuneration decision process based on profitability and individual performance, ensuring alignment with shareholder interests[106]. - The board's commitment to transparency is reflected in the regular disclosure of meeting resolutions and decisions on their official website[109]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 35,294[181]. - The largest shareholder, Fang Haijiang, holds 28.61% of the shares, totaling 139,610,024 shares[182]. - The second-largest shareholder, Fu Yuxia, holds 7.01% of the shares, totaling 34,201,365 shares[182]. - The company has a total of 10 major shareholders, with the top three holding a combined 38.44% of the shares[182]. - The actual controller, Fang Haijiang, is also the chairman of the company[185]. - The company does not have any preferred shares or special voting rights arrangements[184]. - The company has a total of 5 shareholders holding more than 5% of the shares[185]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit and has not faced any administrative penalties for environmental issues during the reporting period[148]. - The company has taken no measures to reduce carbon emissions as it does not apply to its operations[148]. - There were no significant environmental issues reported, and the company has not been penalized for any violations[149]. - The company has fully complied with commitments made regarding non-competition and business opportunities during the reporting period[153]. Legal Matters - The company has frozen a total of 10.9 million shares of Rugao Rural Commercial Bank, accounting for 10.90% of its total share capital, as part of the asset recovery process[162]. - The company has maintained normal and orderly production and operational activities, indicating that the repayment risk will not impact its cash flow or operations[164]. - There were no significant lawsuits or arbitration matters reported during the year[165]. - The company has not engaged in any major penalties or rectification measures during the reporting period[166]. - There were no significant related party transactions reported in terms of daily operations or asset acquisitions[168].

Financial Performance - The company's operating revenue for Q3 2021 reached ¥113,638,796.20, representing a 67.52% increase year-over-year[3] - Net profit attributable to shareholders was ¥21,790,080.02, a significant increase of 548.35% compared to the same period last year[3] - The basic earnings per share (EPS) for the period was ¥0.0447, reflecting a 557.35% increase year-over-year[3] - The company experienced a 29.48% increase in operating revenue year-to-date, totaling ¥310,981,847.80, driven by recovering demand in the oil and gas sector[9] - Total operating revenue for the third quarter reached CNY 310,981,847.80, an increase of 29.4% compared to CNY 240,174,546.99 in the same period last year[25] - Operating profit for the quarter was CNY 77,738,173.30, up 32.1% from CNY 58,871,338.86 year-over-year[25] - Net profit attributable to the parent company was CNY 70,611,808.00, representing a 52.9% increase from CNY 46,153,967.67 in the previous year[26] - The company's total assets amounted to CNY 1,135,357,642.34, compared to CNY 1,122,857,593.56 at the end of the previous quarter[23] - The cash inflow from operating activities totaled ¥330,032,961.74, nearly unchanged from ¥330,305,616.79 in Q3 2020[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,135,357,642.34, a 1.11% increase from the end of the previous year[3] - Total liabilities increased to CNY 221,362,027.89, up from CNY 214,748,350.91 in the previous quarter[23] - As of September 30, 2021, the company's total current assets amounted to CNY 708.70 million, an increase from CNY 690.98 million at the end of 2020, reflecting a growth of approximately 2.5%[21] Cash Flow - The company reported a net cash flow from operating activities of ¥88,340,759.89, which decreased by 23.46% compared to the previous year[3] - The net cash flow from operating activities for Q3 2021 was ¥88,340,759.89, a decrease of 23.5% compared to ¥115,420,650.66 in Q3 2020[29] - The cash flow from operating activities was CNY 293,921,449.10, slightly higher than CNY 291,491,028.33 in the same period last year[28] - The company reported a total cash outflow from operating activities of ¥241,692,201.85, an increase from ¥214,884,966.13 in Q3 2020[29] Investments and Expenses - Investment income surged by 2349.22% to ¥4,846,204.93, attributed to increased investments in structured deposits[9] - The company’s management expenses rose by 79.80% to ¥47,092,253.39, primarily due to legal fees related to the ITC337 incident[9] - Research and development expenses for the quarter were CNY 33,307,743.46, compared to CNY 29,076,109.31 in the previous year, indicating a focus on innovation[25] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 35,352[10] - The company has a total of 155,097,211 shares under lock-up agreements, with 45,179,914 shares released during the reporting period[15] Legal and Agreements - The company is currently involved in a legal case with the U.S. International Trade Commission regarding allegations of patent infringement, with the case still under review[18] - In April 2021, the company signed a technology transfer agreement with Zhengzhou University to acquire certain CVD diamond preparation technologies and commissioned the university for research and development of diamond optoelectronic functional devices[19] - The company entered into a distribution agreement with Worldwide Superabrasives, LLC, granting them exclusive distribution rights for the company's PCD products in North America[19] Other Financial Metrics - The weighted average return on equity (ROE) increased by 2.04 percentage points to 2.42% for the quarter[3] - Deferred income tax liabilities rose to CNY 18,609,088.52 from CNY 16,416,053.17 in the previous quarter[23] - Other comprehensive income after tax was CNY 48,477.24, recovering from a loss of CNY 2,296,566.79 in the previous year[26] - The cash and cash equivalents increased to CNY 259.87 million from CNY 209.31 million, representing a growth of about 24.1% year-over-year[21] - The company's accounts receivable rose to CNY 152.40 million, up from CNY 128.70 million, indicating an increase of approximately 18.4%[21] - The inventory level increased to CNY 81.80 million from CNY 77.93 million, showing a growth of about 4.8%[21]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 197,343,051.60, representing a 14.51% increase compared to CNY 172,338,936.85 in the same period last year[20]. - The net profit attributable to shareholders was CNY 48,821,727.98, up 14.09% from CNY 42,793,108.91 year-on-year[20]. - The net profit after deducting non-recurring gains and losses increased by 45.85%, reaching CNY 39,162,093.82 compared to CNY 26,850,311.92 in the previous year[20]. - The basic earnings per share rose to CNY 0.0992, a 15.21% increase from CNY 0.0861 in the same period last year[20]. - The total comprehensive income for the period was 48,954,762.50 CNY, showing a recovery trend[174]. - The net profit for the first half of 2021 reached CNY 48,883,533.51, representing a 14.88% increase from CNY 42,803,738.71 in the first half of 2020[156]. - The company reported a comprehensive income of CNY 40.07 million, which reflects a decrease of CNY 2.73 million compared to the previous period[179]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,105,007,189.79, a decrease of 1.59% from CNY 1,122,857,593.56 at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 1.90%, amounting to CNY 890,202,536.39 compared to CNY 907,476,500.07 at the end of the previous year[20]. - The company's cash and cash equivalents decreased from CNY 200,749,044.38 to CNY 111,564,892.63, a drop of about 44.4%[151]. - Total liabilities slightly decreased from CNY 214,748,350.91 to CNY 214,110,105.29, a reduction of approximately 0.3%[148]. - The total equity at the end of the current period is CNY 896,264,624.97, reflecting a decrease from the previous period[190]. Research and Development - Research and development investment reached CNY 21,140,394.18, an increase of 9.59% compared to the previous year, reflecting the company's commitment to innovation[51]. - The company has been recognized as a "National Enterprise Technology Center," highlighting its strong research and development capabilities[49]. - The ongoing research and development initiatives are focused on innovative technologies to improve product efficiency and market competitiveness[174]. - The company has obtained 35 patents during the reporting period, including 34 domestic patents and 1 U.S. patent[116]. Market Position and Products - The company focuses on the research, production, and sales of superhard materials, particularly diamond and metal composite materials, which are crucial for high-end extraction and manufacturing sectors[28]. - The precision processing products, including PCD and diamond tools, are leading in the domestic market and are used in various high-end manufacturing applications[35]. - The company has developed a complete product system for oil and gas exploration, significantly reducing domestic extraction costs and competing effectively against imported products[29]. - The company is committed to reducing reliance on imported precision tools through the development of advanced domestic manufacturing capabilities[36]. - The automotive market in China has become the largest globally, driving demand for superhard cutting tools, particularly with the rise of lightweight materials like aluminum alloys[46]. Cash Flow and Financial Management - The company's cash flow from operating activities decreased by 48.77% to CNY 45,803,773.44, primarily due to a decline in accounts receivable[51]. - The company reported a total cash outflow from financing activities of CNY 89,632,170.97, slightly down from CNY 99,087,858.07 in the same period last year[163]. - The cash flow from operating activities showed a total inflow of CNY 204,515,507.08, compared to CNY 251,476,322.85 in the previous year, indicating a decrease of 18.6%[162]. Shareholder and Equity Information - The largest shareholder, Fang Haijiang, holds 28.61% of the shares, totaling 139,610,024 shares, with no changes during the reporting period[129]. - The company plans to repurchase and cancel 6,387,000 shares from 123 incentive recipients due to unmet unlocking conditions[127]. - The total number of restricted shares at the beginning of the period was 155,097,211, with 8,269,969 shares released and 11,733,315 shares added, resulting in 158,560,557 restricted shares at the end of the period[125]. - The company has a total of 32,227 common shareholders at the end of the reporting period[129]. Strategic Plans and Future Outlook - The company plans to enhance its market expansion efforts and invest in new product development to drive future growth[176]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its product offerings[172]. - Future guidance suggests a cautious optimism with expected revenue growth of approximately 10% in the next quarter[173]. - The company is focusing on diversifying its downstream application industries and enhancing its risk response capabilities amid macroeconomic fluctuations and uncertainties[70].

证券代码：300179 证券简称：四方达 公告编号：2021-038 河南四方达超硬材料股份有限公司 关于参加河南辖区上市公司 2021 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，河南四方达超硬材料股份有限公司定于 2021 年 6 月 8 日（周二）16:00-17：20 参加在全景网举办的"真诚沟通 传递 价值"河南辖区上市公司 2021 年投资者网上集体接待日活动，本次活动将采用 网络远程的方式举行，投资者可登录"全景•路演天下"（ http://rs.p5w.net） 参与本次互动交流。 出席本次网上集体接待日活动的人员有：公司董事会秘书刘海兵先生，欢迎 广大投资者积极参与。 特此公告。 河南四方达超硬材料股份有限公司 董事会 2021 年 6 月 3 日 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥91,457,939.84, a decrease of 14.47% compared to ¥106,933,525.13 in the same period last year[7] - Net profit attributable to shareholders was ¥22,602,461.04, down 38.82% from ¥36,942,950.71 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥21,893,434.59, a decline of 31.40% compared to ¥31,913,528.22 in the previous year[7] - Basic and diluted earnings per share were both ¥0.0457, reflecting a decrease of 38.33% from ¥0.0741 in the same period last year[7] - The weighted average return on equity was 2.46%, down by 1.50 percentage points from 3.96% in the previous year[7] - The total operating revenue for Q1 2021 was CNY 91,457,939.84, a decrease of 14.4% compared to CNY 106,933,525.13 in Q1 2020[67] - The operating profit for Q1 2021 was CNY 24,875,554.63, a decline of 43.5% from CNY 44,011,969.64 in Q1 2020[68] - The net profit for Q1 2021 after tax was CNY 22,630,228.90, compared to CNY 36,947,870.06 in Q1 2020, representing a decrease of 38.8%[68] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,136,660,309.39, an increase of 1.23% from ¥1,122,857,593.56 at the end of the previous year[7] - The company's total assets as of March 31, 2021, were CNY 1,152,459,963.65, an increase from CNY 1,135,735,664.39 at the end of 2020[65] - The company's total liabilities decreased to CNY 203,651,341.71 from CNY 214,748,350.91, a reduction of about 5.1%[61] - The total liabilities decreased to CNY 211,530,614.95 in Q1 2021 from CNY 219,322,748.06 in Q1 2020, a reduction of 3.6%[65] Cash Flow - The company reported a net cash flow from operating activities of ¥31,353,523.69, a slight decrease of 1.13% from ¥31,711,772.98 in the same period last year[7] - The net cash flow from operating activities was CNY 29,472,383.30, a decrease of 6% from CNY 31,359,310.62 in the previous period[77] - The company reported a net cash outflow from investing activities of ¥99,866,609.56, compared to a net inflow of ¥11,849,005.88 in the same period last year[74] - The net cash flow from investment activities was -CNY 99,762,619.56, compared to a positive CNY 11,882,515.88 in the previous period[77] - The net increase in cash and cash equivalents was -CNY 84,785,025.89, contrasting with an increase of CNY 42,049,922.79 in the previous period[78] Research and Development - Research and development expenses increased by 20.85% to RMB 9,436,682.12, indicating a focus on innovation and product development[21] - Research and development expenses rose to CNY 9,436,682.12, up from CNY 7,808,783.00, indicating an increase of 20.8% year-over-year[68] - The company is focusing on R&D commercialization, with ongoing projects in high-wear and high-impact diamond composite series for oil drilling[40] - The company has made significant progress in various R&D projects, including batch production of high-impact diamond composite products for oil drilling[40] Market and Product Development - The revenue from resource extraction/engineering construction products decreased by 34.67% year-on-year, while precision processing products saw a growth of 47.24%[25] - The precision processing products segment generated revenue of 33.64 million CNY, representing a year-on-year growth of 47.24%[39] - The company has launched a series of new products in the oil and gas drilling sector, significantly reducing domestic oil and gas extraction costs[29] - The company is actively expanding its market presence in precision processing, aiming to increase market share of superhard tool products[39] - The company is leveraging national policies to enhance its oil and gas exploration and development capabilities, aligning with the "14th Five-Year Plan"[39] Shareholder and Stock Information - The total number of ordinary shareholders at the end of the reporting period was 37,763[11] - The total number of restricted shares at the end of the period was 165,113,757, with 11,793,315 shares released during the current period[14] - The company has implemented a stock incentive plan, granting 18.98 million shares at a price of 3.13 CNY per share to 105 recipients[44] - The first unlock period for the stock incentive plan allowed 7.396 million shares to be released for trading, with the relevant conditions met[45] - The company plans to repurchase and cancel 6,387,000 restricted stocks due to unmet performance targets for the third unlocking period of the 2018 incentive plan[49] Risks and Management - The company faces risks from macroeconomic fluctuations, which may impact stable growth due to increasing uncertainties in the domestic and international economic environment[41] - There is a risk associated with the market acceptance of new products, which may lead to lower-than-expected revenue; the company is focusing on improving product quality based on customer feedback[42] - The company is implementing stricter credit management policies to mitigate the risk of bad debts as business scales up, aiming to improve asset utilization efficiency[42] - The company plans to strengthen cooperation with financial institutions to hedge against exchange rate fluctuations that may affect its operations[42]