Financial Performance - The company's operating revenue for Q1 2023 was ¥410,808,987.33, a decrease of 18.04% compared to ¥501,228,023.58 in the same period last year[6] - Net profit attributable to shareholders was ¥17,683,765.50, down 43.67% from ¥31,394,431.21 year-on-year[6] - Basic earnings per share decreased by 42.86% to ¥0.08 from ¥0.14 in the same period last year[6] - Total operating revenue for Q1 2023 was CNY 410,808,987.33, a decrease of 18.0% compared to CNY 501,228,023.58 in Q1 2022[20] - Net profit for Q1 2023 was CNY 17,683,765.50, representing a decline of 43.8% from CNY 31,394,431.21 in Q1 2022[21] - Basic earnings per share for Q1 2023 were CNY 0.08, down from CNY 0.14 in Q1 2022[22] Cash Flow - The net cash flow from operating activities improved to -¥41,475,544.99, a 54.40% increase compared to -¥90,964,610.07 in the previous year[6] - Cash flow from operating activities for Q1 2023 showed a net outflow of CNY 41,475,544.99, an improvement from a net outflow of CNY 90,964,610.07 in Q1 2022[23] - The net cash flow from financing activities significantly increased by 1679.19% to ¥66,816,552.06, up from ¥3,755,450.89 in the same period last year[10] - Cash inflow from financing activities totaled 139,300,000.00, an increase from 117,500,000.00 year-over-year[25] - The net cash flow from financing activities was 66,816,552.06, significantly higher than 3,755,450.89 in the same period last year[25] - The net cash flow from investment activities was -28,690,044.52, compared to -5,212,669.71 in the previous year[25] Assets and Liabilities - Total assets increased by 3.43% to ¥2,008,137,515.92 from ¥1,941,503,163.88 at the end of the previous year[6] - The company reported a significant increase in non-current liabilities due within one year, rising by 67.25% to ¥115,400,000.00 from ¥69,000,000.00[10] - The total liabilities as of Q1 2023 were CNY 1,054,134,571.14, an increase from CNY 1,006,009,276.05 in Q1 2022[18] - The total equity attributable to shareholders of the parent company was CNY 954,002,944.78, up from CNY 935,493,887.83 in the previous year[18] Shareholder Information - Total number of common shareholders at the end of the reporting period is 16,930[12] - The largest shareholder, Zhou Shibin, holds 22.28% of shares, totaling 51,752,197 shares[12] Research and Development - Research and development expenses rose by 35.46% to ¥1,174,232.85 compared to ¥866,834.70 in the previous year[10] - Research and development expenses increased to CNY 1,174,232.85 in Q1 2023, up from CNY 866,834.70 in Q1 2022, indicating a focus on innovation[20] Other Financial Metrics - The company's weighted average return on equity decreased to 1.84% from 3.45% year-on-year[6] - The company received government subsidies amounting to ¥527,673.57 during the reporting period, which is a decrease of 57.84% compared to the previous year[10] - The company reported a decrease in other income to CNY 527,673.57 in Q1 2023 from CNY 1,251,557.70 in Q1 2022, indicating potential challenges in ancillary revenue streams[21] Current Assets and Liabilities - The company’s total current assets amount to 985,233,433.10 CNY, an increase from 947,485,102.13 CNY at the beginning of the year[17] - Total current liabilities increased to 693,928,165.57 CNY from 622,779,315.62 CNY[17] - Cash and cash equivalents decreased to 169,897,990.13 CNY from 186,050,514.28 CNY[15] - Accounts receivable increased to 326,802,688.34 CNY from 292,807,449.02 CNY[15] - Inventory increased to 254,270,511.48 CNY from 203,099,658.77 CNY[15] - The total non-current assets amount to 1,022,904,082.82 CNY, an increase from 994,018,061.75 CNY[17] Audit Information - The company did not undergo an audit for the first quarter report[26]

Financial Performance - The company's operating revenue for 2022 was approximately ¥1.83 billion, a decrease of 1.45% compared to ¥1.86 billion in 2021[30]. - The net profit attributable to shareholders for 2022 was approximately ¥61.14 million, down 34.17% from ¥92.87 million in 2021[30]. - The net profit after deducting non-recurring gains and losses was approximately ¥47.03 million, a decline of 55.70% compared to ¥106.17 million in 2021[30]. - The net cash flow from operating activities was negative at approximately -¥8.62 million, a decrease of 107.76% from ¥111.14 million in 2021[30]. - The total assets at the end of 2022 were approximately ¥1.94 billion, an increase of 15.00% from ¥1.69 billion at the end of 2021[30]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥935.49 million, up 4.64% from ¥894.04 million at the end of 2021[30]. - The basic earnings per share for 2022 were ¥0.26, a decrease of 35.00% from ¥0.40 in 2021[30]. - The diluted earnings per share for 2022 were ¥0.27, down 30.77% from ¥0.39 in 2021[30]. - The weighted average return on equity for 2022 was 6.70%, a decrease of 4.95% from 11.65% in 2021[30]. Production Capacity and Projects - The company is currently constructing several projects, including a 60,000-ton biodegradable polymer PBAT project and a 20,000-ton epoxy chloropropane project, which are nearing trial production[11]. - The company has increased its production capacity by 40,000 tons in recent years, which may lead to intensified competition in the ACR product market[10]. - The company has a comprehensive production capacity of 180,000 tons, with ACR products having an annual capacity of 70,000 tons, MBS impact modifiers also at 70,000 tons, and MC impact modifiers at 40,000 tons[41]. - The company is expanding into the engineering plastic additives sector, achieving a production capacity of 30,000 tons per year for engineering plastic additives through technical upgrades of existing MBS production lines[44]. - The company is preparing for trial production of a 60,000-ton biodegradable PBAT project, which is significantly influenced by the price fluctuations of BDO and related market policies[53]. Market and Competition - The company plans to expand its product offerings to include engineering plastic additives and biodegradable materials, although these new products may face market competition and demand uncertainties[13]. - The company aims to enhance its market share in the ACR sector through technological innovation and product optimization, while also striving to improve product quality in the MBS sector to compete with foreign enterprises[42]. - The PVC additives industry is in a mature development stage, with increasing market share concentration among leading companies due to stricter environmental regulations[42]. - The company has achieved breakthroughs in the research and development of new products such as ASA and ABS high rubber powder, entering new market segments[30]. - The company is focusing on expanding its engineering plastic additives business, which currently has a small market share but is a key area for growth[52]. Financial Management and Investments - The company will not distribute cash dividends, issue bonus shares, or increase share capital from reserves[15]. - The company reported a government subsidy of ¥2.36 million in 2022, which is closely related to its normal business operations[35]. - The company has conducted thorough feasibility studies for its investment projects, but acknowledges the risk of not achieving expected returns due to market or policy changes[11]. - The company has a dedicated legal department to manage accounts receivable and reduce bad debt risks through various collection measures[123]. - The company has established a special account for raised funds[166]. Research and Development - Research and development expenses increased by 49.22% to ¥6,432,838.58, reflecting increased investment in R&D activities[84]. - The company is developing high-toughness and high-transparency MBS resin to meet diverse customer needs, which is expected to enhance market influence[86]. - The company is also focusing on the development of PBAT polyester high-filling and high-melt-strength agents to align with national environmental policies and expand its market presence[86]. - The company has successfully completed pilot tests for PLA biodegradable materials, positioning itself to meet the growing demand for environmentally friendly products[45]. Risk Management - The company acknowledges potential risks from macroeconomic conditions, including the impact of the real estate market on customer demand[14]. - The company has implemented measures to mitigate raw material price fluctuations, including diversifying procurement channels and adjusting sales prices based on raw material costs[6]. - The company emphasizes strict safety management and environmental compliance to mitigate risks associated with hazardous materials used in production[9]. - The company is closely monitoring the macroeconomic environment, including the impact of the domestic real estate market on customer demand, to adjust its operational strategies accordingly[130]. Corporate Governance - The company has maintained a consistent leadership team with no reported changes in directors or senior management during the reporting period[148]. - The board includes independent directors, ensuring governance and oversight in decision-making processes[149]. - The company has established a comprehensive corporate governance system in accordance with regulatory requirements[199]. - The audit committee held five meetings during the reporting period, reviewing various internal audit reports and financial statements[171]. Shareholder Relations - The company reported a 26.50% investor participation rate in the 2021 annual general meeting held on June 13, 2022[145]. - The company proposed no cash dividends, no bonus shares, and no capital reserve conversion to share capital for the 2022 fiscal year, despite having a positive distributable profit of RMB 415,502,486.59[185]. - The company emphasizes the importance of protecting minority shareholders' rights and ensuring transparency in its profit distribution policies[182]. - The company plans to continue prioritizing cash dividends in accordance with relevant laws and regulations, while focusing on long-term shareholder value[186].

山东瑞丰高分子材料股份有限公司 关于举行 2022 年度报告业绩说明会的公告 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。 | 证券代码：300243 | 证券简称：瑞丰高材 公告编号：2023-024 | | --- | --- | | 债券代码：123126 | 债券简称：瑞丰转债 | 山东瑞丰高分子材料股份有限公司（以下简称"公司"）已于 2023 年 4 月 18 日在巨潮资讯网（www.cninfo.com.cn）披露了公司 2022 年度报告。为便于广 大投资者更深入全面地了解公司情况，公司定于 2023 年 4 月 27 日（星期四） 15:00～17:00 举行 2022 年度业绩说明会，本次年度业绩说明会将采用网络远程 方式举行，投资者可以登录全景网"投资者关系互动平台"（http://ir.p5w.net）参 与本次年度业绩说明会。 出席本次年度业绩说明会的人员如下：董事长周仕斌先生，董事、总经理刘 春信先生，财务总监许曰玲女士，董事会秘书赵子阳先生，独立董事董华先生。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明 ...

Group 1: Company Performance - The company achieved revenue and profit growth in 2014 despite a challenging economic environment [1] - The first quarter of 2015 saw significant performance improvement, attributed to product innovation and cost advantages from low raw material prices [2] Group 2: MBS Product Insights - MBS product is used in consumer applications like packaging materials and has a high technical barrier, limiting competition [2] - The global market capacity for MBS is approximately 300,000 tons, with a domestic capacity of about 70,000 tons; the company currently has a production capacity of 20,000 tons, expanding to 30,000 tons [3] - The company's market share in the domestic MBS market exceeds 45%, with over 30,000 tons being imported [3] Group 3: ACR Product Overview - ACR products are in a competitive market with relatively low technical barriers, but have maintained stable development due to growth in related industries [4] Group 4: Raw Material Pricing and Risks - The price of butadiene is now comparable to international prices, eliminating previous advantages [4] - The company faces risks from anti-dumping measures on methyl methacrylate, but these impacts have been mitigated [4] Group 5: Future Growth Strategies - The company plans to combine internal growth with external expansion, focusing on shareholder interests and utilizing capital markets for financing [5] - A non-public offering is being prepared to support the development of supply chain financial services [5]

证券代码：300243 证券简称：瑞丰高材 山东瑞丰高分子材料股份有限公司 投资者关系活动记录表 编号：20150428 | --- | --- | --- | |--------------|-------------------------|----------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □ | 新闻发布会 □路演活动 | | 动类别 | □现场参观 | | | | □ 其他 | | | | | 富国基金宋哲建、国泰君安任浪、国泰君安周新明、银河证券胡 | | | | 昂、平安证券罗晓娟、平安证券缴文超、平安证券蒲强、齐鲁证 | | 参与单位及人 | | 券刘强、信达证券王光兵、信达证券谢从军、浙江中大集团投资 | | 员姓名 | | 有限公司张晓晓、广州赢隆投资管理有限公司倪国柱、深圳硅 | | | | 谷昭华资产管理公司江崇义、国信证券苏淼 | | 时间 | 2015 年 4 月 28 | 日 | | 地点 ...

Group 1: Company Background and Market Challenges - The company, Shandong Ruifeng High Polymer Materials Co., Ltd., faces growth pressure in its original business due to a sluggish macroeconomic environment and increasing competition in the PVC and ACR product sectors [1][2] - The ACR product industry has low entry barriers, while MBS products are affected by price competition from foreign counterparts, intensifying market competition [2] Group 2: Product Development and Competitive Advantages - The company has shifted focus to synthetic materials, benefiting from supportive industrial policies, with high polymer synthetic materials being essential across various sectors [2] - The main products include PBT fibers and resins, PBAT, and TPEE, with TPEE being a key future product direction due to its wide application in automotive, medical, and high-end electrical sectors [3][4] Group 3: Financial Performance and Profitability - TPEE products have a high added value, with a gross margin exceeding 40% [4] - The company has made performance commitments for the next three years, ensuring net profits of no less than 50 million, 65 million, and 78 million yuan for 2016, 2017, and 2018, respectively, totaling 193 million yuan [5] Group 4: Future Development Strategy - The company aims to strengthen its material industry through a combination of organic growth and external expansion, targeting to become a strong, technologically advanced, and profitable new materials listed company [5][6] - Post-transaction, the company will maintain operational independence while enhancing management and financial practices to improve asset quality and sustainable profitability [6][7]

Group 1: Company Background and Market Context - The company faces growth pressure in its original business due to a sluggish macroeconomic environment and intense competition in the industry, making significant breakthroughs in revenue and profit challenging [1][2] - The synthetic materials industry has experienced rapid development supported by government policies, with high polymer synthetic materials being essential across various sectors such as industry, agriculture, and transportation [2] Group 2: Strategic Acquisition and Product Advantages - The company chose to acquire Heshili primarily for its products, particularly TPEE and PBAT, which have broken foreign technology monopolies and present vast market opportunities [2][3] - TPEE is widely used in critical automotive components and medical devices, while PBAT is significant for packaging materials, addressing environmental concerns related to plastic waste [3] Group 3: Technological Development and Competitive Edge - Heshili has developed core technologies for TPEE and PBAT, becoming one of the few domestic companies capable of mass production, achieving quality standards at an international level [3] - The company has implemented measures to prevent the loss of core technical personnel and safeguard proprietary technologies through confidentiality agreements and performance compensation mechanisms [4][5] Group 4: Future Development Strategy - The company's future strategy focuses on expanding its material industry through a combination of organic growth and external expansion, aiming to reduce reliance on imports and enhance domestic production capabilities [3] Group 5: Impact of the Acquisition - Post-acquisition, the company's controlling shareholder and actual controller will remain unchanged, but the shareholding ratio will increase, contributing to stability [5] - The acquisition is expected to enhance total assets, net assets, revenue, net profit, and basic earnings per share, thereby improving the company's risk resistance capabilities [5]

证券代码：300243 证券简称：瑞丰高材 山东瑞丰高分子材料股份有限公司 投资者关系活动记录表 编号：20180517 | --- | --- | --- | |--------------|-------------------------|----------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □ 新闻发布会 □路演活动 | | | 动类别 | □现场参观 | | | | □ 其他 | | | | | 财通证券张兴宇、财通证券虞小波、中金公司李璇、天风证券陈 | | 参与单位及人 | | 宏亮、海通证券刘威、西南证券段海峰、广发证券邹戈、新时代 | | | | 证券程磊、东吴证券柴沁虎、国投瑞银基金周思捷、农银汇理基 | | 员姓名 | | 金陆震、银河基金张瑞、华宝基金王天乐、华宝基金胡日新、东 | | | 吴基金吴昌柏 | | | 时间 | 2018 年 5 月 17 | 日 | | 地点 | 上海市浦东新区正大 ...

证券代码：300243 证券简称：瑞丰高材 山东瑞丰高分子材料股份有限公司 投资者关系活动记录表 编号：20190301 | --- | --- | --- | |--------------|-----------------------------|--------------------------------------------------------| | | | | | | | ■特定对象调研 □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | □ | 新闻发布会 □路演活动 | | 动类别 | □现场参观 | | | | □ 其他 | | | 参与单位及人 | | | | 员姓名 | 广发证券郭敏 | | | 时间 | 2019 年 3 月 1 日 | | | 地点 | | 山东省淄博市沂源县经济开发区东岭路公司董事会秘书办公室 | | 上市公司接待 | | | | 人员姓名 | | 董事会秘书赵子阳、证券事务代表朱西海 | | 投资者关系活 | | 董事会秘书赵子阳介绍了公司的发展历程、公司简介及主 | | 动主要内容介 | | | | 绍 | 要从事的业务； ...

Group 1: Company Overview - Shandong Ruifeng High Polymer Materials Co., Ltd. is participating in the 2022 Annual Investor Online Reception Day organized by the Shandong Securities Regulatory Bureau and Shandong Listed Companies Association [2] Group 2: Event Details - The online event will take place on November 16, 2022, from 14:00 to 16:00 [2] - Investors can participate through the P5W Investor Relations Interactive Platform [2] Group 3: Communication and Engagement - Company representatives, including Secretary Zhao Ziyang and CFO Xu Yueling, will engage with investors regarding the company's operational status, development strategy, investor protection, and Q3 report [2] - The company encourages active participation from investors [2]