Financial Performance - The company's revenue for Q3 2022 was ¥517,735,778.74, a decrease of 3.24% compared to the same period last year[5]. - Net profit attributable to shareholders decreased by 79.69% to ¥6,179,944.39 in Q3 2022[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 88.97% to ¥2,922,217.30[5]. - Basic and diluted earnings per share dropped by 83.11% to ¥0.0237[5]. - Operating profit for the first nine months of 2022 reached CNY 209.59 million, an increase of 85.30% compared to CNY 113.11 million in the same period of 2021[12]. - Total profit for the first nine months of 2022 was CNY 208.62 million, up 95.11% from CNY 106.93 million in 2021[12]. - Net profit attributable to the parent company for the first nine months of 2022 was CNY 184.04 million, an increase of 86.60% compared to CNY 98.63 million in 2021[12]. - The company reported a total comprehensive income of ¥213,724,314.04, compared to ¥101,768,570.90 in the previous period, reflecting a growth of approximately 109.0%[54]. Cash Flow and Assets - Cash flow from operating activities increased significantly by 403.56% to ¥183,099,231.13 year-to-date[5]. - Cash flow from operating activities for the first nine months of 2022 was CNY 183.10 million, a significant increase of 403.56% from CNY 36.36 million in 2021[12]. - The company reported a net cash flow from operating activities of ¥183,099,231.13, a substantial improvement from ¥36,361,199.74 in the previous period[55]. - The company reported a net cash outflow from investing activities of ¥15,858,365.30, an improvement from a net outflow of ¥96,808,898.58 in the previous period[55]. - Cash flow from financing activities resulted in a net outflow of ¥90,086,816.18, compared to a net outflow of ¥49,009,198.33 in the previous period[56]. - The company reported a net increase in cash and cash equivalents of CNY 96.65 million, a 188.48% increase compared to a decrease of CNY 109.23 million in the same period last year[12]. - Cash and cash equivalents at the end of the period totaled ¥385,910,842.82, up from ¥277,181,908.49 in the previous period, indicating a growth of about 39.1%[56]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 12,183[14]. - The largest shareholder, Anhui Anli Technology Investment Group Co., Ltd., holds 21.90% of the shares, totaling 47,520,000 shares[15]. - The company completed the repurchase of 1,259,100 shares, representing about 0.58% of the total share capital, with a total payment of RMB 19,997,023[40]. - A total of 4,508,800 shares were transferred to the company's third employee stock ownership plan, accounting for 2.08% of the current total share capital[43]. - The third employee stock ownership plan has a duration of up to 36 months, with a lock-up period of 12 months[44]. Research and Development - Research and development expenses amounted to approximately RMB 100.05 million, an increase of about RMB 15.80 million or 18.8% year-on-year, indicating a strong commitment to innovation[19]. - Research and development expenses rose to ¥100,051,492.35 from ¥84,249,332.89, marking an increase of about 18.7%[53]. - The company has been awarded 584 authorized patents, including 123 invention patents, showcasing its strong innovation capabilities[22]. Environmental and Social Responsibility - The total investment in environmental protection has exceeded RMB 200 million, reinforcing the company's commitment to green development and sustainable practices[23]. - The company has been recognized for its social responsibility initiatives, including employee welfare programs and community engagement activities[24]. - The company has been recognized as an "A-level tax credit enterprise" in Anhui Province for 16 consecutive years[25]. Infrastructure and Expansion - The company has completed the construction of major infrastructure and installed two production lines, which have entered the debugging phase since the third quarter[27]. - The company has made significant progress in establishing a joint venture in Vietnam to enhance market responsiveness and customer service efficiency[26]. - The company has an annual production capacity of 85 million meters for polyurethane synthetic leather and composite materials, making it the largest in China in this sector[20]. Financial Position - Total assets as of September 30, 2022, were ¥2,341,024,108.40, reflecting a 6.25% increase from the end of the previous year[5]. - The company's current assets amounted to RMB 1,279,349,098.51, up from RMB 1,124,142,362.43, indicating a growth of about 13.8% year-over-year[49]. - The total liabilities decreased to RMB 870,445,979.70 from RMB 947,747,956.54, representing a reduction of approximately 8.2%[51]. - The company's equity attributable to shareholders increased to RMB 1,319,168,943.41 from RMB 1,127,135,244.33, marking a growth of around 17%[51]. - The company utilized RMB 20 million of its idle funds for cash management, specifically investing in structured deposits with East Asia Bank[46]. - The company plans to use up to RMB 150 million of idle funds for cash management, with the decision approved by the board on August 24, 2022[46][47]. Market Performance - In the third quarter, the company achieved operating revenue of RMB 150.61 million, a year-on-year increase of 1.25%, with export revenue growing approximately 11.4%[17]. - The total profit reached RMB 20.86 million, marking a significant year-on-year increase of 95.11%, while the net profit attributable to shareholders was RMB 18.40 million, up 86.6% from the previous year[17]. - Total operating revenue for the current period reached ¥1,506,111,990.30, an increase from ¥1,487,502,809.32 in the previous period, reflecting a growth of approximately 1.4%[53]. - Total operating costs increased to ¥1,485,509,745.00 from ¥1,365,958,181.67, representing a rise of about 8.8%[53]. - The company experienced a 42.26% decrease in credit impairment losses, from CNY 12.03 million in 2021 to CNY 6.95 million in 2022[12]. Other Notable Achievements - The company has been recognized as a "National Manufacturing Single Champion Demonstration Enterprise" and ranked 62nd among the top 100 private manufacturing enterprises in Anhui Province in 2022[20]. - The chairman of the company has been elected as the vice chairman of the Anhui Provincial Federation of Industry and Commerce, promoting the company's culture and management philosophy[25]. - The company recognized asset disposal gains of CNY 187.49 million from the government acquisition of land and buildings in the Jinzhai Road factory area[12]. - The company has engaged in partnerships with over 500 students and faculty from various universities to strengthen industry-academia-research cooperation[25].

证券代码：300218 证券简称：安利股份 公告编号：2022-067 安徽安利材料科技股份有限公司 关于参加安徽辖区上市公司 2022 年投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容真实、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，安徽安利材料科技股份有限公司（以下简称"公 司"）将参加由安徽证监局指导、安徽上市公司协会与深圳市全景网络有限公司联合举 办的"2022 年安徽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 7 日（周三）16：00-17：30。届时公司副总经理、 董事会秘书刘松霞、证券事务代表陈丽婷及相关人员将在线就公司 2022 半年度报告中 的公司业绩、公司治理、发展战略、经营状况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！ 安徽安利材料科技股份有限公司 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥988,376,211.56, representing a 3.77% increase compared to ¥952,440,118.52 in the same period last year[24]. - Net profit attributable to shareholders reached ¥177,862,433.85, a significant increase of 160.80% from ¥68,200,001.41 in the previous year[24]. - The net cash flow from operating activities improved dramatically to ¥187,968,473.36, compared to a negative cash flow of ¥14,768,345.93 in the same period last year, marking a 1,372.78% increase[24]. - Basic earnings per share rose to ¥0.8349, up 165.64% from ¥0.3143 in the previous year[24]. - Total assets increased by 8.75% to ¥2,396,057,173.39 from ¥2,203,254,956.32 at the end of the previous year[24]. - The net assets attributable to shareholders grew by 15.51% to ¥1,301,965,772.71 from ¥1,127,135,244.33 at the end of the previous year[24]. - The company reported a significant decrease of 74.51% in net profit after deducting non-recurring gains and losses, amounting to ¥16,957,493.60 compared to ¥66,538,046.83 in the previous year[24]. - The weighted average return on equity increased to 14.94%, up from 6.23% in the previous year, reflecting improved profitability[24]. Production Capacity and Market Position - The company has an annual production capacity of 85 million meters of polyurethane synthetic leather, making it the largest manufacturer of ecological functional polyurethane synthetic leather and composite materials in China[37]. - The company has a strong export performance, ranking among the top in the domestic industry for export volume and revenue, with a significant presence in developed markets[37]. - The company specializes in the research, production, and sales of ecological functional polyurethane synthetic leather and composite materials, with a broad application in various fields such as footwear, furniture, electronics, and automotive interiors[39]. - The company maintains a strong competitive advantage as a global leader in the polyurethane synthetic leather industry, characterized by advanced technology, a comprehensive product line, and a well-established brand[43]. - The company has established strong partnerships with global brands such as Nike, IKEA, and Toyota, enhancing its competitive advantage and market presence[38]. Environmental Commitment - The company is recognized as a "National Green Factory" and a "National Green Design Demonstration Enterprise" by the Ministry of Industry and Information Technology, with its water-based, solvent-free ecological functional polyurethane synthetic leather designated as a "National Green Design Product"[38]. - The company has invested over ¥200 million in environmental protection initiatives, enhancing its ecological management and compliance with international standards[61]. - The company has successfully met or exceeded stringent international environmental standards, allowing its products to penetrate markets in Europe and the United States[60]. - The company has implemented advanced environmental protection measures, ensuring that pollutant emissions are significantly lower than national and local standards[118]. - The company has been recognized as a "Demonstration Unit for Occupational Health Basic Construction" by the Anhui Provincial Safety Supervision Bureau, indicating strong safety management practices[99]. Research and Development - R&D expenses increased to 7,059.88 million yuan, a rise of 24.98% from the previous year[48]. - The company holds 566 valid patents, including 118 invention patents, and has participated in the formulation of over 50 national and industry standards[54]. - The company is focused on innovation and upgrading its technology, increasing the proportion of high-tech, high-value-added products[44]. - The company is exploring new product development and technological advancements to enhance its competitive edge in the market[84]. Strategic Initiatives - The company is expanding its market presence by establishing a joint venture in Vietnam, leveraging regional advantages to enhance international competitiveness[46]. - The company is actively pursuing market expansion strategies, including potential mergers and acquisitions to strengthen its market position[84]. - The company plans to enhance its production capabilities through the construction of the Anli Vietnam facility and upgrades to the Anli Industrial Park, aiming to improve agility and delivery speed[92]. - The company aims to align with the national "Belt and Road" strategy and enhance market responsiveness and customer service efficiency through its investment in Vietnam[196]. Employee and Social Responsibility - The company has maintained a 100% participation rate in social insurance and housing provident fund for employees, ensuring compliance with labor laws[147]. - The company has continuously increased employee wages for 20 consecutive years, optimizing the salary structure and enhancing employee benefits[150]. - The company provided approximately RMB 6 million in financial support to suppliers during the Shanghai pandemic to alleviate their financial pressure[153]. - The company donated 100,000 yuan to the epidemic prevention fund, demonstrating its commitment to social responsibility during the pandemic[156]. Risk Management - The company faces risks including fluctuating raw material prices and potential environmental compliance costs, which may impact future performance[4]. - The company acknowledges the challenges posed by the complex macroeconomic environment, including high inflation and supply chain disruptions due to the pandemic and geopolitical tensions[91]. - The company faces risks from exchange rate fluctuations, particularly affecting its export business and the cost of imported raw materials[102]. Governance and Compliance - The company has established a comprehensive governance structure, holding 3 board meetings and 3 supervisory meetings to ensure effective decision-making and protect shareholder rights[143]. - The company published 2 regular reports and 60 temporary announcements, ensuring timely and accurate information disclosure to investors[144]. - The company has been recognized as a "national contract-abiding and credit-worthy enterprise" by the State Administration for Industry and Commerce[166].

Financial Performance - The company's revenue for Q1 2022 was CNY 484,420,485.16, representing a 9.44% increase compared to CNY 442,638,505.45 in the same period last year[3]. - Net profit attributable to shareholders reached CNY 168,996,501.58, a significant increase of 512.32% from CNY 27,599,526.69 year-on-year[3]. - Basic and diluted earnings per share were both CNY 0.7911, reflecting a 521.93% increase compared to CNY 0.1272 in the same period last year[3]. - The total profit reached 198.77 million yuan, representing a year-on-year growth of 566.02%[12]. - The net profit for Q1 2022 reached CNY 179,713,362.41, a significant increase of 553.5% compared to CNY 27,453,503.68 in Q1 2021[44]. Cash Flow - The net cash flow from operating activities improved to CNY 30,242,235.89, a 147.30% increase from a negative CNY 63,940,024.42 in the previous year[3]. - The cash inflow from operating activities was CNY 450,222,819.79, an increase from CNY 389,986,519.62 in the previous year[46]. - The net cash flow from investing activities was -22,686,197.57 CNY, an improvement from -39,683,344.09 CNY in the previous year[47]. - The net cash flow from financing activities was -30,416,280.49 CNY, a decline from 15,429,967.36 CNY year-on-year[48]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,309,602,375.28, up 4.83% from CNY 2,203,254,956.32 at the end of the previous year[3]. - The total liabilities decreased to CNY 890,032,885.91 from CNY 947,747,956.54 year-over-year[41]. - The company's retained earnings increased to CNY 655,927,339.96 from CNY 486,930,838.38 in the previous year[41]. Research and Development - Research and development expenses for Q1 2022 were CNY 37,296,696.13, a 36.99% increase from CNY 27,225,286.68 in the same period last year, indicating a focus on innovation[6]. - The company plans to increase investment in new materials and technologies, enhancing research and development efforts[7]. Other Income and Gains - The company recorded non-recurring gains of CNY 155,973,629.56, primarily from asset disposals and government subsidies[5]. - Other income increased by 130.98% to CNY 6,713,778.03, primarily due to higher government subsidies received compared to the previous year[7]. Tax and Expenses - The company’s tax expenses surged by 697.01% to CNY 19,056,999.62, driven by the substantial profit growth[7]. - The total operating costs for Q1 2022 were CNY 472,939,260.09, up 17.1% from CNY 403,890,404.62 in the same period last year[42]. Production and Capacity - The company's main product output increased by approximately 1.6% year-on-year, while sales volume decreased by about 2.62% due to logistics disruptions[12]. - The company has a production capacity of 85 million meters for polyurethane synthetic leather and composite materials, making it the largest in its field in China[15]. Environmental Initiatives - The company has invested over 200 million yuan in environmental protection initiatives, recognized as a "National Green Factory" by the Ministry of Industry and Information Technology[18]. - The company has developed a rainwater collection and purification system, reducing annual water discharge by approximately 150,000 tons, which accounts for about 40% of its annual water usage[19]. Shareholder Initiatives - The company completed the second phase of its share repurchase program, buying back 1,259,100 shares, which is approximately 0.58% of the total share capital, for a total amount of ¥19,997,023.00[31]. - The third employee stock ownership plan was approved by the board on March 25, 2022, and subsequently by the shareholders on April 20, 2022[34].

Financial Performance - The company's operating revenue for 2021 was CNY 2,045,861,826.76, representing a 32.28% increase compared to CNY 1,546,585,123.28 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 131,901,016.91, a significant increase of 161.42% from CNY 50,455,192.39 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 120,513,994.65, up 239.10% from CNY 35,538,961.43 in 2020[19]. - The basic earnings per share for 2021 was CNY 0.6083, reflecting a 161.63% increase from CNY 0.2325 in 2020[19]. - The total assets at the end of 2021 amounted to CNY 2,203,254,956.32, a 5.94% increase from CNY 2,079,730,264.69 at the end of 2020[19]. - The net assets attributable to shareholders at the end of 2021 were CNY 1,127,135,244.33, which is a 5.43% increase compared to CNY 1,069,065,893.47 at the end of 2020[19]. - The net cash flow from operating activities for 2021 was CNY 137,238,168.67, showing a decrease of 8.33% from CNY 149,702,352.89 in 2020[19]. - The weighted average return on equity for 2021 was 10.66%, an increase of 5.92 percentage points from 4.74% in 2020[19]. Market and Product Development - The company is focusing on technological advancements and high-end product development to achieve qualitative growth in the polyurethane synthetic leather sector[31]. - The company has an annual production capacity of 85 million meters of polyurethane synthetic leather, making it the largest enterprise in China specializing in the research and production of ecological functional polyurethane synthetic leather and composite materials[34]. - The company has expanded its application fields for polyurethane synthetic leather to include customized home solutions, electronics, and automotive interiors, indicating broad market potential[41]. - The company is actively developing new materials and technologies, including TPU, bio-based, and recyclable materials, to enhance product performance and sustainability[39]. - The company has completed and mass-produced several new product developments, enhancing competitiveness in various sectors including electronics and automotive interiors[76]. Strategic Partnerships and Collaborations - The company has established strong partnerships with major global brands such as Nike, IKEA, and Toyota, enhancing its competitive position in the market[34]. - The company has deepened cooperation with brands such as Apple, Puma, and Nike, enhancing its market presence and brand influence[54]. - The company has established a strategic cooperation agreement with Covestro for water-based materials[55]. - The company is actively working on the operational launch of production lines in Vietnam to better align with market demands and customer needs[106]. Environmental and Safety Initiatives - The company has invested around RMB 3.65 million in environmental protection since 2020, enhancing its wastewater treatment capabilities[56]. - The company has been recognized as a "National Green Factory" and has been awarded for its advanced environmental protection levels, leading the industry globally[47]. - The company has implemented a dual prevention mechanism for safety management, enhancing safety education and training, and has been recognized as a "Demonstration Unit for Occupational Health Basic Construction" in Anhui Province[116]. - The company has conducted over 120 safety inspections and 30 night inspections throughout the year to ensure safety management[59]. Governance and Management - The board of directors consists of 12 members, including 4 independent directors, meeting the requirements of relevant laws and regulations[130]. - The company has established a comprehensive and transparent performance evaluation standard for directors, supervisors, and senior management, along with an incentive and restraint mechanism conducive to sustainable development[131]. - The company has implemented effective internal control systems, ensuring that major decisions are executed according to established procedures[129]. - The company has engaged in regular communication with investors, ensuring transparency regarding its operational performance[126]. Research and Development - Research and development expenses for the year totaled 12,770.47 million CNY, an increase of 4,312.48 million CNY from the previous year[51]. - The number of R&D personnel rose by 10.39% to 425, with R&D personnel now representing 16.67% of the total workforce[76]. - The company has invested 100 million CNY in R&D for new technologies aimed at improving product efficiency and sustainability[154]. Future Outlook - The company expects a revenue growth of 20% for the upcoming fiscal year, projecting a target revenue of 1.44 billion CNY[121]. - The company plans to expand its market presence in Southeast Asia, aiming for a 10% market share by the end of 2022[121]. - The company is poised for future growth with a stable board and management team in place[140]. - The company has a focus on expanding its market presence, with executives holding positions in various related organizations, enhancing its influence in the industry[145][147].

Financial Performance - The company's revenue for Q3 2021 reached ¥535,062,690.80, an increase of 8.01% compared to the same period last year, and a total revenue of ¥1,487,502,809.32 for the year-to-date, representing a growth of 41.89%[4] - The net profit attributable to shareholders for Q3 2021 was ¥30,431,518.83, a decrease of 8.05% year-on-year, while the year-to-date net profit reached ¥98,631,520.24, showing a significant increase of 478.63%[4] - The basic earnings per share for Q3 2021 was ¥0.1403, down by 8.00% compared to the previous year, while the year-to-date figure was ¥0.4546, up by 478.37%[4] - The company's operating profit for the year-to-date was ¥113,106,489.14, a remarkable increase of 426.41% compared to the same period last year[10] - Total operating revenue for the third quarter reached ¥1,487,502,809.32, an increase of 42% compared to ¥1,048,337,321.42 in the same period last year[39] - Net profit for the quarter was ¥100,456,510.91, compared to ¥18,064,918.52 in the previous year, marking a substantial increase[40] - Earnings per share (EPS) for the quarter was ¥0.4546, significantly higher than ¥0.0786 from the same period last year[41] Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥2,180,697,857.89, an increase of 4.85% from the end of the previous year[5] - The total assets of the company increased to ¥2,180,697,857.89, up from ¥2,079,730,264.69, indicating growth in the asset base[37] - Total liabilities rose to ¥920,985,334.76, compared to ¥897,803,479.94 in the previous year, reflecting an increase in financial obligations[37] - The company's total liabilities decreased by 54.77% for long-term borrowings, reflecting a reclassification of long-term borrowings due within one year[10] Cash Flow - The cash flow from operating activities for the year-to-date was ¥36,361,199.74, a decrease of 50.52% compared to the previous year, attributed to increased purchasing payments[10] - Cash flow from operating activities was ¥1,299,048,283.89, compared to ¥1,040,833,912.92 in the previous year, indicating improved cash generation[43] - Net cash flow from operating activities was CNY 36,361,199.74, down from CNY 73,480,939.76, representing a decline of approximately 50%[44] - Cash inflow from financing activities was CNY 186,099,600.00, a decrease from CNY 294,845,672.80 year-over-year[45] - The ending balance of cash and cash equivalents was CNY 277,181,908.49, down from CNY 337,238,113.38 at the end of the previous year[45] Research and Development - Research and development expenses for the quarter were ¥84,249,332.89, up from ¥66,241,769.49, highlighting a focus on innovation[40] - The company holds 482 valid patents, including 107 invention patents, and has participated in the formulation of over 40 national and industry standards, leading the industry in patent ownership[17] Environmental and Social Responsibility - The company has implemented lean production and upgraded its information systems, improving operational efficiency and management capabilities[19] - The company has received recognition as a "National Green Factory" and a "National Industrial Product Green Design Demonstration Enterprise" by the Ministry of Industry and Information Technology[20] - The company has actively engaged in social responsibility initiatives, including forming the Anhui Light Industry Association and participating in charitable activities[23] - The company developed a water-based solvent-free polyurethane synthetic leather product, which has been certified by national authorities, contributing to its environmental management upgrades[22] Market Position and Strategy - The company has established partnerships with major brands such as Apple, Nike, and Toyota, enhancing its market position and expanding its customer base[18] - The company is focused on expanding its brand influence and market share in the international market through product upgrades and strategic investments[27] - The company aims to enhance its product structure and market share through the new ecological project, contributing to both economic and social benefits[27] Production Capacity - The company has an annual production capacity of 85 million meters for polyurethane synthetic leather, making it the largest enterprise in China for this product[16] - The company completed the construction of the "Ecological Functional Polyurethane Synthetic Leather Comprehensive Upgrade Project," with approximately 25,200 square meters of factory and supporting facilities built, and two water-based solvent-free production lines installed and put into operation[27] Shareholder and Investment Activities - The company plans to repurchase shares to enhance investor confidence and support long-term value investment, with the board approving the share repurchase plan on September 30, 2021[30] - The company has established a dedicated securities account for the share repurchase, indicating readiness to execute the buyback strategy[31]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥952,440,118.52, representing a 72.24% increase compared to ¥552,965,943.89 in the same period last year[21]. - The net profit attributable to shareholders was ¥68,200,001.41, a significant increase of 524.93% from a loss of ¥16,049,880.02 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥66,538,046.83, up 423.73% from a loss of ¥20,553,766.55 in the same period last year[21]. - The basic earnings per share increased to ¥0.3143, compared to a loss of ¥0.0740 per share in the previous year, marking a 524.73% improvement[21]. - The weighted average return on equity rose to 6.23%, up 7.78 percentage points from -1.55% in the previous year[21]. - The total assets at the end of the reporting period were ¥2,067,579,529.59, a slight decrease of 0.58% from ¥2,079,730,264.69 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 4.24% to ¥1,114,353,347.19 from ¥1,069,065,893.47 at the end of the previous year[21]. - The net cash flow from operating activities improved by 75.33%, reaching -¥14,768,345.93 compared to -¥59,858,789.19 in the previous year[21]. - The company achieved a revenue of 95,244.01 million yuan, representing a year-on-year growth of approximately 72.24%[39]. - The net profit attributable to shareholders reached 6,820 million yuan, a significant increase of about 524.93% compared to the previous year[39]. - The average selling price of the company's main products increased by 13.1% year-on-year, while the gross margin improved by approximately 6.3 percentage points[39]. Market Strategy and Expansion - The company focuses on the research, production, and sales of ecological functional polyurethane synthetic leather and composite materials, which are widely used in various industries such as footwear, furniture, electronics, and automotive interiors[28]. - The company has established a strong market presence, being one of the largest producers of ecological functional polyurethane synthetic leather globally, benefiting from a complete product line and strong customer relationships[30]. - The company has expanded its operations internationally by establishing a joint venture in Vietnam and acquiring a controlling subsidiary in Russia, enhancing its market reach and mitigating trade risks[30]. - The domestic market is experiencing a consumption upgrade, prompting the company to focus on expanding its domestic market presence while adhering to a "dual circulation" development strategy[30]. - The company is actively developing high-tech, high-value-added products, including water-based and solvent-free polyurethane, to meet the increasing demand from premium brand customers[32]. - The company is leveraging advancements in technology to expand the application fields of polyurethane synthetic leather, including electronics and automotive interiors, indicating a broad market outlook[34]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by the end of 2022[97]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[98]. Environmental Compliance and Sustainability - The company has invested over 200 million yuan in advanced environmental technologies and equipment, achieving compliance with national and local environmental standards[47]. - The company’s ECO PU synthetic leather product received USDA bio-based product certification, highlighting its commitment to sustainable materials[44]. - The company has implemented upgrades to wastewater treatment and rainwater management systems to improve environmental compliance and reduce pollutant emissions[89]. - The company achieved ISO14001 environmental management certification and is recognized as a "National Green Factory" by the Ministry of Industry and Information Technology[88]. - The company has invested approximately 200 million RMB in the construction of the Anli Industrial Park, introducing advanced environmental protection technologies and equipment to effectively manage wastewater, waste gas, and solid waste[114]. - The company has established a comprehensive environmental monitoring system, ensuring compliance with environmental regulations and enhancing transparency in environmental management[126]. - The company has implemented a self-monitoring plan for environmental emissions, with quarterly assessments conducted by third-party agencies to ensure compliance with standards[128]. - The company has been recognized multiple times as an advanced unit in energy conservation and environmental protection by local government authorities[88]. - The company has developed a comprehensive online monitoring system for environmental compliance, increasing transparency and accountability[89]. Research and Development - Research and development investment increased by 31.65% to ¥56,489,774.97, driven by intensified new product development efforts[53]. - The company is currently engaged in significant non-equity investments, with ongoing projects in the synthetic leather industry[65]. - The company is actively developing new materials and processes, including TPU, recycled fibers, and biodegradable materials, to maintain a competitive edge in the global market[137]. - The company has established an innovation strategic alliance with institutions like the Chinese Academy of Sciences and Hefei University of Technology to enhance industry technology development[137]. - The company has invested CNY 50 million in R&D for new technologies aimed at improving product efficiency[96]. Risks and Challenges - The company faces risks including fluctuations in raw material prices, exchange rate volatility, and increased costs related to environmental protection and clean energy[4]. - The company faces risks from exchange rate fluctuations, impacting both export sales prices and import costs[82]. - The procurement costs of raw materials account for over 60% of the main business costs, with significant price increases observed in key materials like DMF and BDO[83]. - The company is subject to increasing environmental regulations, which may raise operational costs due to stricter compliance requirements[86]. - The company reported a loss of 3,184,900.00 CNY from financial derivatives during the reporting period[71]. Employee and Corporate Governance - The company has maintained its core competitiveness without significant changes during the reporting period[50]. - The company has a well-structured workforce, with over 1,035 employees holding higher education degrees, contributing to its operational efficiency[49]. - The company has implemented an employee stock ownership plan and various welfare programs to enhance employee satisfaction and belonging[148]. - The company has established employment internship bases with several universities, hosting over 2,500 students for joint internship activities[149]. - The company has been awarded the title of "Demonstration Enterprise of Harmonious Labor Relations" by multiple provincial departments[148]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[103]. - The total number of shares after the recent changes is 216,987,000, maintaining a 100% ratio[191]. - The largest shareholder, Anhui Anli Technology Investment Group Co., Ltd., holds 47,520,000 shares, which is 21.90% of total shares[193]. - The company has not implemented any share repurchase plans during the reporting period[192]. - The top ten unrestricted shareholders did not engage in any repurchase transactions during the reporting period[196].

Financial Performance - The company's revenue for Q1 2021 was ¥442,638,505.45, representing a 51.80% increase compared to ¥291,595,532.99 in the same period last year[8]. - Net profit attributable to shareholders was ¥27,599,526.69, a significant turnaround from a loss of ¥7,952,427.08, marking a 447.06% increase[8]. - The basic earnings per share increased to ¥0.1272 from a loss of ¥0.0366, reflecting a 447.54% improvement[8]. - The weighted average return on equity rose to 2.55%, up from -0.76%, an increase of 3.31 percentage points[8]. - The net cash flow from operating activities improved to -¥63,940,024.42, a 25.32% reduction in cash outflow compared to -¥85,614,275.02 in the previous year[8]. - The total profit for the period was RMB 29.84 million, a 593.84% increase compared to the previous year[18]. - The company reported a comprehensive income total of CNY 28,643,574.85, compared to a loss of CNY 10,137,147.28 in the previous year[67]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,063,853,011.69, a slight decrease of 0.76% from ¥2,079,730,264.69 at the end of the previous year[8]. - The company's current assets totaled CNY 974,602,132.27, down from CNY 1,011,047,393.63 at the end of 2020, indicating a decrease of about 3.6%[55]. - Total liabilities decreased to CNY 852,784,891.10 from CNY 897,803,479.94, reflecting a reduction of approximately 5%[57]. - The company's cash and cash equivalents decreased to CNY 303,635,092.07 from CNY 392,592,836.47, a decline of approximately 22.7%[55]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,187[12]. - The largest shareholder, Anhui Anli Technology Investment Group Co., Ltd., held a 21.90% stake, amounting to 47,520,000 shares[13]. - The second employee stock ownership plan (ESOP) was approved to enhance the alignment of interests between employees and shareholders, aiming to improve corporate governance and employee motivation[37]. Market and Sales Performance - The sales volume and revenue of the company's main leather products increased by 33.96% and 48.88% respectively compared to the same period last year[19]. - Sales revenue from the top 5 customers grew by 36.69% year-on-year, totaling ¥81,137,056.51, while their proportion of total revenue decreased by 2.03% to 18.33%[21]. - The company achieved record highs in sales volume, revenue, and profit for its main products during the reporting period, indicating a stable and positive development trend[22]. Investments and Expansion - The company is actively expanding its operations in Vietnam, with multiple announcements regarding investments and capital increases for its subsidiary, Anli (Vietnam) Material Technology Co., Ltd[40][41]. - The company is constructing a new factory in Vietnam, with two production lines expected to be operational by July 2021, despite delays due to the pandemic[35]. - The company has invested in two new RTO thermal oxidation exhaust treatment devices and upgraded wastewater treatment facilities to enhance pollution control[31]. Risks and Challenges - The company faces risks from exchange rate fluctuations, which could impact export sales prices and import costs, and plans to mitigate this through market diversification and foreign exchange derivatives[25]. - The company is exposed to risks from rising raw material prices, with costs for key materials increasing by over 20%, which could pressure profit margins[27]. - The company has faced risks related to rising costs of clean energy and potential supply shortages of natural gas, which could impact production[33]. Environmental and Safety Initiatives - The company has implemented a comprehensive environmental management system, achieving ISO14001 certification and compliance with national environmental standards[30]. - The company has increased its environmental monitoring efforts and established an online monitoring and information disclosure system to enhance transparency and accountability[31]. - The company is actively working to mitigate safety production risks through enhanced safety management systems and regular safety training[32].

Financial Performance - The company's operating revenue for 2020 was ¥1,546,585,123.28, a decrease of 8.75% compared to ¥1,694,838,904.59 in 2019[17] - The net profit attributable to shareholders for 2020 was ¥50,455,192.39, down 29.05% from ¥71,112,717.84 in the previous year[17] - The net profit after deducting non-recurring gains and losses was ¥35,538,961.43, a decrease of 10.06% compared to ¥39,515,408.46 in 2019[17] - The basic earnings per share for 2020 was ¥0.2325, reflecting a decline of 29.05% from ¥0.3277 in 2019[17] - The total profit for the period was 54.73 million CNY, down 27.15% year-on-year, with a net profit attributable to shareholders of 50.46 million CNY, a decrease of 29.05%[62] - The company's main product sales volume decreased by 9.17% year-on-year, but in the second half of the year, sales volume and revenue increased by 11% and 12% respectively compared to the same period last year[62] - The gross profit margin for the main product increased by 0.39 percentage points year-on-year, with a significant improvement of 1.59 percentage points in the second half compared to the same period last year[63] - The company's revenue from overseas assets includes 22.2962 million yuan from its Russian subsidiary and 140.1378 million yuan from its Vietnamese joint venture, with no significant impairment reported[45] Assets and Liabilities - The total assets at the end of 2020 amounted to ¥2,079,730,264.69, an increase of 1.56% from ¥2,047,857,914.78 at the end of 2019[17] - The net assets attributable to shareholders at the end of 2020 were ¥1,069,065,893.47, up 1.61% from ¥1,052,140,526.11 in 2019[17] - The company's accounts receivable financing increased by 51.04% to 32,431,511.02 yuan, attributed to expanded sales in the second half of the year[43] - The company's contract liabilities increased by 100.06% to 23,683,685.43 yuan, mainly due to the new revenue recognition standards and increased customer deposits[44] - The company's cash balance at the end of the period was CNY 386,410,652.08, a decrease from CNY 398,551,927.37 at the beginning of the period, resulting in a net decrease of CNY 12,141,275.29[95] - The total assets included cash and cash equivalents amounting to CNY 392,592,836.47, which accounted for 18.88% of total assets, down from 19.95% in the previous year[97] - Accounts receivable increased to CNY 161,866,239.46, representing 7.78% of total assets, up from 7.15%[97] - Inventory increased to CNY 342,859,148.59, accounting for 16.49% of total assets, compared to 15.42% previously[97] Operational Efficiency and Strategy - The company’s operational efficiency has improved through lean production management and cost optimization strategies, enhancing overall production capabilities[30] - The company is focusing on the development of water-based solvent-free polyurethane synthetic leather, which is expected to become a key driver for future growth[39] - The company aims to shift from quantity growth to quality improvement in response to market pressures and rising costs in the synthetic leather industry[37] - The company is actively developing new products and enhancing the proportion of high-end products to achieve a new balance between supply and demand[37] - The company has established a strong global marketing network, focusing on high-end markets in various sectors, including functional footwear, home furnishings, and automotive interiors[56] - The company is expanding its market presence, establishing partnerships with major brands such as PUMA, NIKE, and APPLE, and entering new markets like electric vehicles[66] Environmental Commitment - The company has invested over 200 million yuan in advanced environmental technology and equipment to promote the production of water-based, solvent-free polyurethane synthetic leather[54] - The company has received multiple environmental certifications, including ISO14001 and the "National Green Factory" designation, highlighting its commitment to environmental protection[137] - The company achieved a reduction of approximately 38 tons in nitrogen oxide emissions and 400 tons in COD emissions during the year[70] - The company has been recognized as a "Demonstration Enterprise of Clean Production" by the Anhui Provincial Economic and Information Technology Department[138] - The company has established a comprehensive environmental protection system, including automated systems for material handling and wastewater treatment[136] Risks and Challenges - The company faced risks including fluctuations in raw material prices and potential environmental compliance costs, which may impact future performance[6] - The company is exposed to risks from changes in export tax rebate policies, which have decreased from 17% to 13% in recent years, potentially affecting export revenues[132] - The company’s main raw materials account for over 60% of its main business costs, and fluctuations in raw material prices, particularly polyurethane resin and fabric, pose significant operational risks[134] - The company faces risks from exchange rate fluctuations, which could impact export sales prices and the cost of imported raw materials, and plans to mitigate these risks by increasing domestic market development[131] - The company faces risks related to the potential inability to digest production capacity due to market conditions and competition, especially amid the ongoing COVID-19 pandemic[141] Research and Development - The company invested 84.58 million CNY in R&D, focusing on the development of over 30 key products and improvements to more than 20 products[67] - The company maintains a stable number of R&D personnel at 385, which is 14.47% of the total workforce[90] - The company has 423 valid patents, including 92 invention patents, and has received recognition for its eco-friendly products[68] - The company emphasizes innovation and has been designated as a "National Key High-tech Enterprise," ensuring its technological leadership in the industry[49] Dividend Policy - The company plans to distribute a cash dividend of ¥1.1 per 10 shares, totaling approximately ¥23,868,000 based on 216,987,000 shares[6] - The cash dividend for 2020 represents 47.31% of the net profit attributable to ordinary shareholders, which was RMB 50,455,192.39[153] - The company has maintained a consistent cash dividend policy, ensuring that the distribution aligns with its profit distribution policy and relevant regulations[146] - The cash dividend distribution process was approved by the board and independent directors, ensuring compliance with corporate governance standards[147] Corporate Governance - The company has established a framework to ensure that its major decisions are made by the shareholders' meeting and board of directors without external interference[165] - The company has reiterated its commitment to protecting its assets and will not infringe upon the property rights of the company[165] - The company has fulfilled its commitments regarding fair transactions, adhering to market rules and general business principles[158] - The company has established a priority purchase right for its shares in subsidiaries, ensuring it can acquire any competing interests if necessary[163]

Financial Performance - Operating revenue for the reporting period was CNY 495,371,377.53, an increase of 15.84% year-on-year[8] - Net profit attributable to shareholders of the listed company was CNY 33,095,691.07, a slight increase of 0.27% compared to the same period last year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 31,384,619.33, up 123.05% year-on-year[8] - The company's operating profit decreased by 61.29% to CNY 21,486,327.66, attributed to the impact of the pandemic on downstream industries and reduced consumer market activity[19] - Net profit for the period fell by 65.63% to CNY 18,064,918.52, mainly due to a decrease in total profit[19] - In Q3 2020, the company achieved a revenue of CNY 495.37 million, representing a year-on-year increase of 15.84% and a quarter-on-quarter increase of 89.53%[33] - The net profit attributable to shareholders for Q3 2020 was CNY 33.10 million, a year-on-year increase of 0.27%, while the net profit after deducting non-recurring gains and losses was CNY 31.38 million, up 123.05% year-on-year[33] - The company's net profit for Q3 2020 was CNY 18,064,918.52, a decrease of 65.6% compared to CNY 52,566,218.24 in the same period last year[61] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,042,727,641.64, a decrease of 0.25% compared to the end of the previous year[8] - Total liabilities due within one year increased by 157.49% to CNY 29,437,386.10, mainly due to the reclassification of long-term borrowings[18] - Total liabilities decreased to CNY 887,755,594.32 from CNY 903,206,632.39 year-over-year[44] - Current liabilities totaled CNY 648,097,106.84, a decrease from CNY 672,273,065.42 in the previous year[44] - Non-current liabilities increased to CNY 239,658,487.48 from CNY 230,933,566.97 year-over-year[44] - The company's cash and cash equivalents decreased by 504.90% to CNY -61,313,813.99, primarily due to a reduction in cash flow from financing activities[19] - Cash and cash equivalents at the end of the period stood at 337,238,113.38 CNY, down from 389,374,160.59 CNY in the previous period, indicating a liquidity contraction[71] Shareholder Information - Net assets attributable to shareholders of the listed company were CNY 1,040,534,413.41, down 1.10% from the previous year[8] - The total number of ordinary shareholders at the end of the reporting period was 9,200[12] - The largest shareholder, Anhui Anli Technology Investment Group Co., Ltd., held 21.90% of the shares[12] - The total equity attributable to shareholders was CNY 1,040,534,413.41, down from CNY 1,052,140,526.11 in the previous year[45] Cash Flow - Net cash flow from operating activities was CNY 133,339,728.95, an increase of 225.44% compared to the same period last year[8] - The cash flow from operating activities increased significantly by 643.31% to CNY 73,480,939.76, driven by a larger decline in cash payments for goods compared to cash received from sales[19] - Cash inflow from operating activities for the first three quarters was CNY 1,063,303,040.73, down from CNY 1,323,408,113.71 in the previous year[68] Research and Development - Research and development expenses for the third quarter amounted to CNY 23,332,185.80, up from CNY 21,443,098.15 in the previous year, marking an increase of about 8.8%[52] - Research and development expenses for Q3 2020 were CNY 66,241,769.49, slightly down from CNY 67,190,748.04 in the previous year[61] Market and Product Development - The company has successfully developed new technologies in water-based, solvent-free, and TPU processes, with strong growth in new markets such as electronics, sports equipment, and automotive interiors[33] - The company has become a supplier for well-known brands including Apple, VF Corporation, PVH Corporation, and Great Wall Motors, with brand client certifications progressing smoothly[33] - The company is focusing on product innovation and market expansion to mitigate risks associated with rising raw material prices[33] Employee Stock Ownership Plan - The second employee stock ownership plan has cumulatively sold 1,701,245 shares at an average price of 14.33 CNY per share, representing 0.78% of the total share capital[27] - The second employee stock ownership plan has completed the purchase of 5,628,223 shares, accounting for 2.59% of the total share capital, with a total transaction amount of approximately 59.92 million CNY[25] - The company has established a management committee for the second employee stock ownership plan, which is responsible for the daily supervision and management of the plan[25] - The second employee stock ownership plan has a lock-up period of 12 months starting from September 25, 2017[25] - The company has received approval from over two-thirds of the plan holders to extend the duration of the second employee stock ownership plan for up to 24 months starting from April 26, 2020[26] Other Income and Expenses - The company's other income decreased by 59.07% to CNY 11,642,386.25, primarily due to a reduction in government subsidies received compared to the previous year[18] - The company reported a credit impairment loss of CNY -7,456,974.72 for the third quarter, compared to CNY -1,189,912.11 in the previous year, reflecting a significant increase in losses[52] - The total assets impairment loss for the third quarter was CNY -3,306,682.74, compared to CNY -2,170,640.35 in the same period last year, indicating an increase in impairment losses[52]