证券代码：300405 证券简称：科隆精化 辽宁科隆精细化工股份有限公司 投资者关系活动记录表 编号：2016-06-28 | --- | --- | --- | |----------------|----------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 海通证券 刘威 | | | 及人员姓名 | | | | 时间 | 2016 年 06 月 28 | 日， 12:00—13：00 | | 地点 | 公司二楼会议室 | | | 上市公司 | 董事会秘书：王笑衡 | | | 接待人员姓名 | 财务经理：孟佳 | | | | 证券部：蔡蔓丽 | | | 投资者关系活动 | 一、介绍公司成立至今的基本情况。 | ...

Group 1: Company Overview - The main products of the company are polycarboxylate superplasticizers and polyether monomers, which have received CRCC certification, enhancing the company's technical strength [1] - The price of ethylene oxide is stabilizing, and the market environment is gradually improving [1] - The successful acquisition of Sichuan Hengze project has played an important role in enhancing the overall strength of the company [2] Group 2: Product Development - The company's new product, denitration catalyst, is gradually opening up the market, contributing positively to future development [2] Group 3: Legal Matters - There has been no new progress in the patent litigation disclosed in the 2015 annual report and 2016 semi-annual report; the company will disclose information in a timely manner based on the progress of the patent litigation [2] Group 4: Investment Projects - The fundraising project for an annual production of 100,000 tons of high-performance concrete polycarboxylate superplasticizer is proceeding as planned, with expected completion and production in the second half of next year, which will enhance the company's market share [2]

证券代码：300405 证券简称：科隆精化 辽宁科隆精细化工股份有限公司 投资者关系活动记录表 编号：2017-03-02 | --- | --- | --- | |----------------|--------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 西南证券：徐文浩 | | | 及人员姓名 | 中泰证券：李杨 | | | 时间 | 2017 年 03 月 02 | 日，10:00—11 ： 00 | | 地点 | 公司二楼会议室 | | | 上市公司 | 证券部：蔡蔓丽 | | | 接待人员姓名 | | | | 投资者关系活动 | | 一、介绍企业主要产品聚醚单体、聚羧酸减水剂、切削液、 | | 主要内容介绍 | ...

证券代码：300405 证券简称：科隆股份 辽宁科隆精细化工股份有限公司 投资者关系活动记录表 编号：2017-07-14 | --- | --- | --- | |----------------|--------------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | ■ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称 | 安信证券：李水云 | | | 及人员姓名 | | | | 时间 | 2017 年 07 月 14 | 日， 10:00—11：30 | | 地点 | 公司二楼会议室 | | | 上市公司 | 董事会秘书：王笑衡 | | | 接待人员姓名 | 证券部：蔡蔓丽 | | | 投资者关系活动 | | 一、介绍公司从成立、上市到目前的基本情况。 | | 主要内容介绍 ...

Financial Performance - The company's revenue for Q3 2022 was CNY 330,814,725.43, a decrease of 11.87% compared to the same period last year, and a total revenue of CNY 685,087,605.13 for the year-to-date, down 17.25%[4] - The net profit attributable to shareholders was a loss of CNY 39,235,419.52, representing a decline of 9,648.12% year-on-year, with a year-to-date loss of CNY 31,326,363.18, down 458.71%[4] - The basic and diluted earnings per share were both CNY -0.1357, reflecting a decrease of 9,792.86% compared to the same period last year[5] - Total operating revenue for the period was CNY 685,949,381.21, a decrease of 17.2% from CNY 828,237,519.01 in the previous period[25] - Net profit for the period was a loss of CNY 31,155,423.69, compared to a profit of CNY 10,564,667.02 in the same period last year[26] - The total comprehensive income for the period was -31,155,423.69 CNY, compared to 10,564,667.02 CNY in the previous period[27] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,619,506,052.73, a decrease of 1.33% from the end of the previous year[4] - The company's total assets decreased to CNY 1,619,506,052.73 from CNY 1,641,289,535.42, reflecting a decline of 1.3%[24] - The company's equity attributable to shareholders decreased to CNY 726,630,881.00 from CNY 766,322,224.77, a decline of 5.2%[24] - The total liabilities of the company increased to CNY 880,463,108.99, up 3.4% from CNY 851,149,251.85[24] - Current liabilities increased to CNY 853,266,021.04, up 4.0% from CNY 820,610,814.85[24] - The company’s total liabilities decreased by 5.18% compared to the previous year, reflecting a strategic focus on reducing debt[4] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 148,088,514.78 year-to-date, a decrease of 424.81% compared to the previous year[4] - Cash inflows from operating activities totaled 597,357,687.70 CNY, a decrease of 34.7% from 914,353,783.22 CNY in the previous period[29] - The net cash flow from operating activities was -148,088,514.78 CNY, compared to 45,592,918.29 CNY in the previous period[30] - Cash inflows from investment activities amounted to 60,476,935.18 CNY, an increase from 39,279,803.41 CNY in the previous period[30] - The net cash flow from investment activities was 52,711,011.80 CNY, recovering from -39,105,657.32 CNY in the previous period[30] - Cash inflows from financing activities were 564,162,639.86 CNY, up from 418,900,000.00 CNY in the previous period[30] - The net cash flow from financing activities was 145,950,152.21 CNY, compared to -29,908,388.96 CNY in the previous period[30] - The cash and cash equivalents at the end of the period were 184,477,866.97 CNY, an increase from 135,627,837.81 CNY in the previous period[30] Shareholder Information - The total number of common shareholders at the end of the reporting period is 14,221[13] - The largest shareholder, Jiang Yan, holds 29.58% of the shares, totaling 85,550,854 shares[13] - The second-largest shareholder, Zhongtian Securities, holds 4.96% of the shares, totaling 14,330,615 shares[13] - The total number of restricted shares held by Jiang Yan at the end of the period is 64,163,141 shares[16] - The number of unrestricted shares held by Jiang Yan is 21,387,713 shares[14] - The company has a total of 16,230,300 restricted shares released during the period[16] - The total number of restricted shares held by Zhuo Quankai at the end of the period is 517,349 shares[16] - The total number of restricted shares held by Pu Yunjun at the end of the period is 834,173 shares[16] - The company has a total of 3,869,787 shares held by Kashgar New Emerging Hongyi Venture Capital, which are frozen[14] - The company has not disclosed any information regarding the relationships or agreements among the top shareholders[15] Investment and R&D - The company reported a significant increase in investment income of CNY 24,404,900, representing a growth of 597.88% due to the sale of a subsidiary[10] - The company reported an investment income of CNY 20,322,931.26, compared to a loss of CNY 4,081,931.95 in the previous period[26] - Research and development expenses rose to CNY 7,271,794.62, an increase of 4.1% from CNY 6,988,185.20[26] Operational Strategy - The company plans to enhance production efficiency through regional shutdowns for maintenance, which may impact short-term revenue but aims to improve long-term operational stability[8] - The company plans to conduct phased maintenance and upgrades across its workshops to ensure safe and efficient production operations[20] Audit Status - The report for the third quarter was not audited[31]

Strategic Cooperation and Supply Chain Management - The company plans to strengthen strategic cooperation with major suppliers of ethylene oxide to ensure timely supply and reduce costs, mitigating the impact of raw material price fluctuations[5]. - The company has experienced significant reliance on major suppliers for raw material procurement, which poses risks if supplier relationships deteriorate[4]. - The company faces significant risks related to raw material supply and price fluctuations, particularly concerning the procurement of ethylene oxide, which is sensitive to market changes[89]. - The company is enhancing strategic cooperation with major suppliers of ethylene oxide to mitigate risks associated with price volatility and ensure timely supply[89]. Market Expansion and Product Development - The company is focusing on expanding its international market presence and promoting new products such as powder water-reducing agents and denitration catalysts in the environmental sector[6]. - The company is focusing on the development of high-performance concrete additives, particularly carboxylic acid-based water reducers, to enhance construction quality and efficiency[24]. - The company is actively pursuing international market expansion and enhancing its brand influence through strategic partnerships and acquisitions[54]. - The company plans to expand its product offerings in the international market, focusing on new products such as powder water-reducing agents and denitration catalysts[90]. Financial Performance and Metrics - The company's operating revenue for the reporting period was CNY 354,272,879.70, a decrease of 21.71% compared to the same period last year[31]. - The net profit attributable to shareholders was CNY 7,909,056.34, down 4.96% year-on-year[31]. - The net profit after deducting non-recurring gains and losses was CNY -15,444,783.97, a significant decline of 906.98% compared to the previous year[31]. - The net cash flow from operating activities was CNY -147,025,644.57, representing a decrease of 273.58% from the same period last year[31]. Research and Development - The company is committed to continuous investment in R&D, focusing on innovative products such as water-based environmentally friendly coatings and UV curing agents, with projects currently in construction and design phases[58]. - Research and development investment increased by 1.18% to ¥11,568,776.74, indicating a commitment to innovation[66]. - The company is investing in R&D, allocating 5% of its revenue towards the development of new technologies and products[123]. Environmental and Safety Compliance - The company acknowledges the increased risks associated with safety production and environmental protection due to the nature of its operations involving flammable and toxic materials[11]. - The company emphasizes the importance of safety and environmental protection in its operations, particularly given the hazardous nature of its primary raw materials[92]. - The company has established a real-time monitoring system for domestic wastewater, ensuring compliance with environmental regulations[104]. - The company has made no changes to its board of directors during the reporting period, except for the resignation and election of independent directors[97]. Governance and Compliance - The company has established effective governance mechanisms to enhance control over its subsidiaries and improve overall decision-making capabilities[91]. - The company has committed to maintaining the independence of its subsidiaries in terms of assets, business, finance, and personnel[111]. - The company has confirmed that it has not engaged in insider trading or market manipulation activities in the last three years[111]. - The company has established a legal framework to ensure that all related party transactions are conducted on an equal and voluntary basis[111]. Operational Efficiency and Cost Management - The company has implemented cost control measures and management practices inspired by the "Amoeba" management model to maximize project efficiency and profitability[57]. - The company aims to reduce operational costs by 5% through efficiency improvements and automation initiatives[115]. - The company's operating costs decreased by 20.03% to ¥314,507,905.68, reflecting improved cost management[66]. Market Trends and Challenges - The company reported a significant impact on revenue due to ongoing COVID-19 disruptions and international geopolitical tensions, leading to a decline in overall demand[51]. - The price of raw materials has remained high due to the ongoing effects of the Russia-Ukraine conflict, impacting the chemical materials industry[52]. - The overall market for chemical materials has shown a downward trend in prices by June, reflecting weak demand and logistical challenges[52]. Shareholder and Equity Management - The company will not distribute cash dividends, issue bonus shares, or increase capital using reserves for the current period[13]. - The company has committed to ensuring that major shareholders and executives will not sell their shares for 6 months after the stabilization plan is approved[126]. - The company has a structured approach to managing share lock-up periods to ensure investor confidence[114]. Subsidiary Performance and Transactions - The company sold a 51% stake in a subsidiary for a transaction price of 5,970,000 RMB, contributing a net profit of 29.8 million RMB prior to the sale[79]. - The company completed the transfer of 51% equity in its subsidiary, Juxun Semiconductor Technology (Shanghai) Co., Ltd., for a total transaction price of RMB 75 million[152]. - The company reported a net profit of -3,273.35 million RMB from its subsidiary Panjin Kelong Fine Chemicals, with a total revenue of 94,487.25 million RMB[87]. Future Outlook - The company provided a positive outlook for the next quarter, projecting a revenue increase of 15% to 1.725 billion CNY, driven by new product launches and market expansion efforts[115]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[115]. - A strategic acquisition of a local competitor is in progress, expected to enhance the company's product offerings and customer base by 30%[115].

Financial Performance - The company's revenue for Q1 2022 was ¥174,436,566.68, a decrease of 3.43% compared to ¥180,625,415.35 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥2,106,220.06, representing a decline of 48.17% from a loss of ¥1,421,467.96 in the previous year[4] - The net cash flow from operating activities was negative at ¥62,206,509.59, worsening by 12.35% compared to a negative cash flow of ¥55,367,280.28 in the prior year[4] - Total operating revenue for Q1 2022 was CNY 174,760,375.49, a decrease of 3.4% compared to CNY 180,748,682.74 in Q1 2021[24] - Operating costs for Q1 2022 were CNY 177,646,586.85, slightly down from CNY 178,466,517.58 in the previous year[24] - Net profit for Q1 2022 was a loss of CNY 1,297,188.74, compared to a loss of CNY 1,497,742.06 in Q1 2021, indicating an improvement[25] - The company reported a gross profit margin of approximately -0.5% for Q1 2022, compared to -1.4% in Q1 2021[24] - The company's cash flow from operating activities was CNY 166,681,943.17 in Q1 2022, down from CNY 238,508,856.68 in Q1 2021[28] - The net cash flow from operating activities was -62,206,509.59 CNY, compared to -55,367,280.28 CNY in the previous year, indicating a decline in operational performance[29] - The total cash outflow from operating activities was 237,880,009.32 CNY, down from 309,993,594.84 CNY year-over-year, indicating reduced operational expenditures[29] Assets and Liabilities - Total assets increased by 3.34% to ¥1,696,097,783.45 from ¥1,641,289,535.42 at the end of the previous year[5] - The total current assets as of March 31, 2022, amounted to RMB 1,158,711,554.07, an increase from RMB 1,095,412,055.12 at the beginning of the year, reflecting a growth of approximately 5.5%[20] - Total assets as of Q1 2022 were CNY 1,696,097,783.45, an increase from CNY 1,641,289,535.42 in the previous year[22] - Total liabilities increased to CNY 907,328,685.47 in Q1 2022, compared to CNY 851,149,251.85 in Q1 2021[22] - The company’s total equity decreased slightly to CNY 788,769,097.98 in Q1 2022 from CNY 790,140,283.57 in Q1 2021[22] Cash Flow and Financing - The company reported a significant increase in prepayments, totaling ¥22,500,000.00, attributed to partial payments received from the sale of a subsidiary[9] - Total cash inflow from investment activities was 23,502,542.47 CNY, down from 36,504,726.63 CNY year-over-year[30] - The net cash flow from investment activities increased significantly to 19,925,900.55 CNY, compared to 4,510,005.98 CNY in the previous year[30] - Cash inflow from financing activities totaled 173,338,923.03 CNY, compared to 155,000,000.00 CNY in the previous year, reflecting an increase in financing efforts[30] - The net cash flow from financing activities was 51,321,569.94 CNY, up from 21,827,691.71 CNY year-over-year, indicating improved financing conditions[30] - The ending balance of cash and cash equivalents was 141,845,423.80 CNY, compared to 130,020,785.18 CNY at the end of the previous year, showing an increase in liquidity[30] - The company received tax refunds amounting to 580,317.17 CNY, an increase from 400,362.40 CNY in the previous year[29] Inventory and Assets Management - Inventory rose significantly by 35.08% to ¥285,656,830.63 due to delayed operations and reduced demand from downstream customers affected by the pandemic[9] - Inventory levels rose significantly to RMB 285,656,830.63 from RMB 211,470,334.93, indicating an increase of approximately 35%[20] - The company’s fixed assets decreased to RMB 333,093,274.35 from RMB 343,218,676.37, a decline of approximately 2.5%[20] - The company’s construction in progress increased to RMB 7,415,676.46 from RMB 4,803,822.48, reflecting a growth of about 54%[20] Research and Development - Research and development expenses surged by 158.91% to ¥3,845,754.71, primarily due to the inclusion of expenses from the subsidiary 聚洵半导体科技（上海）有限公司[9] - Research and development expenses increased to CNY 3,845,754.71 in Q1 2022, up from CNY 1,485,390.28 in Q1 2021, reflecting a focus on innovation[24] Strategic Initiatives - The company approved the transfer of 51% equity in its subsidiary, Juxun Semiconductor Technology (Shanghai) Co., Ltd., to Nanjing Yingrui Chuang Electronic Technology Co., Ltd.[17] - The company’s strategic focus includes market expansion and potential mergers and acquisitions as part of its growth strategy[17] Shareholder Information - The total number of restricted shares held by executives at the end of the reporting period was 51,588,990 shares, with 16,230,300 shares released during the period[16] Audit Information - The company did not conduct an audit for the first quarter report[31]

Supply Chain and Raw Materials - The company reported a significant reliance on major suppliers for raw materials, particularly ethylene oxide, which is sensitive to price fluctuations linked to crude oil and ethylene prices[5]. - The company plans to enhance strategic cooperation with domestic ethylene oxide suppliers to ensure timely supply and reduce costs, mitigating the impact of raw material price volatility[5]. - The company faces significant risks related to the supply and price volatility of key raw materials, particularly ethylene oxide, which is sensitive to fluctuations in crude oil and ethylene prices[117]. - The company has strengthened strategic cooperation with major domestic ethylene oxide suppliers to ensure timely supply and reduce costs, mitigating the impact of raw material price fluctuations[117]. Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-over-year growth of 15%[23]. - The company's operating revenue for 2021 was ¥1,088,769,165.02, representing a 17.22% increase compared to ¥928,804,730.28 in 2020[31]. - The net profit attributable to shareholders in 2021 was ¥11,924,424.26, a significant turnaround from a loss of ¥60,737,320.22 in 2020, marking a 119.63% improvement[31]. - The company achieved total operating revenue of ¥1,089,409,600.63, an increase of 17.23% compared to the previous year[67]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[190]. Market Expansion and Strategy - The company aims to expand its international market presence while maintaining stable relationships with existing domestic clients, focusing on new product promotion in powder superplasticizers and environmental catalyst fields[7]. - The company plans to expand its market presence by entering the Southeast Asian region, targeting a 20% increase in market share by 2025[23]. - The company is actively expanding its international market presence and promoting new products such as powder superplasticizers and denitration catalysts in the environmental sector[117]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[190]. Research and Development - The company is investing RMB 50 million in R&D for new chemical products, focusing on sustainable and eco-friendly solutions[23]. - The company has established a strategic alliance with research institutions, enhancing its R&D capabilities in epoxy ethane derivatives and construction additives[62]. - The company is committed to enhancing its research and development capabilities to drive innovation in its product lines[140]. - Investment in new product development increased by 30%, focusing on innovative chemical solutions to enhance market competitiveness[191]. Environmental and Safety Compliance - The company is committed to increasing investments in safety and environmental protection to address risks associated with the handling of hazardous materials and compliance with new regulations[13]. - The company is exposed to safety and environmental risks due to the hazardous nature of its primary raw materials and production processes, necessitating increased investment in safety and environmental protection[119]. - The company has received multiple environmental impact assessments and approvals for projects, including a 50,000-ton thermoplastic polyester elastomer project and a 100,000-ton high-performance concrete polycarboxylic acid water reducer project[175]. - The company has implemented a real-time monitoring system for domestic wastewater discharge to ensure compliance[174]. Corporate Governance - The company has established a fifth board of directors consisting of nine members, including three independent directors, to enhance governance and decision-making processes[124]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, with no instances of fund occupation or competition[129]. - The company has a transparent performance evaluation and incentive mechanism for directors and senior management, ensuring compliance with legal standards[126]. - The independent directors ensured that their duties were performed without influence from major shareholders or related parties[153]. Strategic Partnerships and Acquisitions - A strategic partnership has been established with a leading solar energy firm to develop photovoltaic materials, expected to contribute an additional RMB 200 million in revenue by 2024[24]. - The company has initiated a merger with a local competitor, which is anticipated to enhance its market position and operational capabilities[24]. - The company plans to acquire equity in Sichuan Hengze Building Materials Co., Ltd. through a combination of issuing shares and cash payments[185]. - The company is planning strategic acquisitions to bolster its competitive position in the market[134]. Operational Efficiency and Cost Management - The company aims to achieve a reduction in production costs by 10% through the implementation of advanced manufacturing technologies in 2022[23]. - The company is implementing cost management strategies to maximize project efficiency and has completed the relocation of its old factory to improve production capacity and safety[72]. - The company aims to reduce operational costs by 15% through improved efficiency measures and technology upgrades[190]. Employee and Management Structure - The total number of employees at the end of the reporting period was 698, with 434 in the parent company and 264 in major subsidiaries[157]. - The company hired 12 professionals in 2021 to enhance its management and technical capabilities, including one doctoral candidate focused on fine chemical research[73]. - The company has a training plan for 2022 focusing on enhancing the skills of middle and senior management, as well as production staff[160]. - The company’s management team consists of experienced professionals with backgrounds in chemical engineering and business management, ensuring effective leadership[139]. Shareholder and Financial Management - The company has proposed a profit distribution plan, distributing a cash dividend of 0.30 yuan per 10 shares and a capital reserve increase of 3 shares per 10 shares[13]. - The company reported a cash dividend of RMB 0.30 per 10 shares (including tax), totaling RMB 6,674,074.68[161]. - The company plans to increase its total share capital to 289,209,903 shares by issuing 3 additional shares for every 10 shares held[162]. - The company has established a remuneration decision-making process based on operational performance and budget execution[145]. Risk Management - The company acknowledges risks related to intensified market competition in the polycarboxylate superplasticizer sector, which may affect profitability and accounts receivable[7]. - The company faces management risks associated with its strategic transformation and the complexity of its expanding organizational structure[8]. - The company has undergone a strategic transformation to adapt to market changes, which has increased management complexity and requires ongoing adjustments to meet capital market demands[118]. Product Development and Innovation - The company is focusing on the development of new concrete additives to meet the increasing demand driven by infrastructure expansion in China[41]. - The company is actively involved in the development of denitration catalysts for various industries, including coal-fired power plants and cement production, indicating diversification in its product offerings[54]. - The company has developed a comprehensive application technology system for polycarboxylic acid superplasticizers, supported by extensive application data across multiple regions[63].

辽宁科隆精细化工股份有限公司 2021 年第三季度报告 证券代码：300405 证券简称：科隆股份 公告编号：2021-077 辽宁科隆精细化工股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末比上年 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | 减 | 同期增减 | | | 营业收入（元） | 375,384,111.06 | 37.18% | 827,882,162.09 | 17 ...

Financial Performance - The company's operating revenue for the reporting period was CNY 452,498,051.03, representing a 5.66% increase compared to CNY 428,267,674.52 in the same period last year [29]. - The net profit attributable to shareholders of the listed company was CNY 8,322,171.71, a significant turnaround from a loss of CNY 10,159,162.47, marking an increase of 181.92% [29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,913,909.46, compared to a loss of CNY 9,125,442.52, reflecting a 120.97% improvement [29]. - The basic earnings per share increased to CNY 0.0374 from a loss of CNY 0.0457, an increase of 181.84% [29]. - The total assets at the end of the reporting period were CNY 1,768,097,734.78, up 14.52% from CNY 1,543,981,488.20 at the end of the previous year [29]. - The net assets attributable to shareholders of the listed company were CNY 762,778,697.74, a slight increase of 1.08% from CNY 754,646,589.20 at the end of the previous year [29]. - The net cash flow from operating activities was negative at CNY -39,356,360.96, a decline of 2,257.49% compared to CNY 1,824,173.44 in the same period last year [29]. - The weighted average return on net assets was 1.10%, an increase of 2.35% from -1.25% in the previous year [29]. - The company's operating costs increased by 8.58% to ¥393,291,794.41 from ¥362,226,247.72 in the previous year [63]. - The sales expenses significantly decreased by 59.89% to ¥9,393,978.65 from ¥23,419,555.18 in the previous year due to adjustments in reporting [63]. - The company reported a significant decrease in cash flow from operating activities, with a net cash outflow of ¥39,356,360.96 compared to a net inflow of ¥1,824,173.44 in the previous year, indicating challenges in cash generation [63]. Strategic Initiatives - The company plans to strengthen strategic cooperation with major suppliers of ethylene oxide to ensure timely supply and reduce costs, mitigating the impact of raw material price fluctuations [5]. - The company aims to actively promote new products in the powder superplasticizer and environmental catalyst sectors to improve market competitiveness [7]. - The company plans to expand its market presence and enhance product offerings through strategic investments and technological advancements [29]. - The company is focusing on enhancing its management system and optimizing operational models to improve efficiency and promote synergy among subsidiaries [53]. - The company is actively expanding its international market presence while leveraging its competitive advantages in fine chemical fields [52]. - The company is implementing cost management strategies to maximize efficiency and profitability [54]. - The company is committed to improving product quality and providing better after-sales service to achieve win-win cooperation with customers [105]. - The company is committed to enhancing safety and environmental protection measures in response to stricter regulations and potential risks associated with its production processes [13]. Market Conditions - The company faces risks from intensified market competition, particularly in the polycarboxylate superplasticizer sector, which may lead to decreased profitability and increased accounts receivable [7]. - The market demand for polycarboxylic acid superplasticizers is expected to grow at around 10% due to policy stimulation in the real estate and infrastructure sectors [49]. - The company's existing products, particularly the polycarboxylic acid superplasticizers, are in a mature stage of their lifecycle, with a stable market outlook despite a slowing growth rate [49]. - The company is experiencing increased competition in the polycarboxylate superplasticizer market, which may affect profitability and accounts receivable [85]. Environmental and Safety Compliance - The company is committed to improving safety and environmental protection measures in response to regulatory changes and operational risks [88]. - The company has established pollution prevention facilities, including a wastewater treatment system that discharges treated water to the municipal sewage treatment plant, and a tail gas absorption system for production waste gas [99]. - The company has received environmental impact assessment approvals for multiple projects, including a 50,000-ton thermoplastic polyester elastomer project and a 30,000-ton high-performance concrete pumping agent project [101]. - The company has implemented a third-party environmental monitoring scheme to ensure compliance with environmental standards [103]. - The company has established a comprehensive emergency response plan for environmental incidents, filed with local environmental management offices [102]. Corporate Governance and Compliance - The company has established effective governance mechanisms to manage its subsidiaries and ensure informed decision-making on significant operational matters [10]. - The company emphasizes corporate social responsibility, ensuring accurate and complete information disclosure to shareholders, and enhancing corporate governance practices [104]. - The company has committed to ensuring that no unfair benefits are provided to individuals or entities, maintaining the integrity of corporate governance [111]. - The company has established a legal framework to address potential losses from non-compliance with commitments [109]. - The company has made commitments to ensure the accuracy and completeness of its financial disclosures [109]. - The company has ensured compliance with all commitments made regarding asset restructuring [108]. Research and Development - The company emphasizes the research and development of high-end TPEG, which has high water-reducing rates and good slump retention properties [39]. - The company is actively developing new products, including high-performance concrete nano-accelerators and various types of polycarboxylate superplasticizers, which are expected to generate higher sales in the future [55]. - The company has invested in employee training across management, marketing, R&D, and production technology to foster a professional workforce [105]. - Research and development investment decreased by 25.49% to ¥11,433,948.91 from ¥15,346,154.50 in the previous year [63]. - The company is investing 100 million RMB in R&D for new technologies to enhance product efficiency and sustainability [116]. Acquisitions and Partnerships - The company has acquired 51% of Junxun Semiconductor Technology (Shanghai) Co., Ltd., expanding its business into the integrated circuit design sector [53]. - The company announced a cash acquisition of 51% equity in Juxun Semiconductor Technology (Shanghai) Co., Ltd. during the reporting period [149]. - A strategic acquisition of a smaller competitor is in progress, expected to enhance the company's product portfolio and increase overall market competitiveness [121]. - The company plans to acquire equity from Sichuan Hengze Building Materials Co., Ltd. through a combination of share issuance and cash payment [111]. - The company has established new partnerships with key suppliers, which are anticipated to lower raw material costs by 5% [121]. Shareholder and Stock Information - The company will not distribute cash dividends, issue bonus shares, or increase capital using reserves [14]. - The company held a temporary shareholders' meeting on April 19, 2021, with an investor participation rate of 38.46% [92]. - The annual shareholders' meeting on May 18, 2021, had a participation rate of 38.27% [92]. - The company has not engaged in any agreed repurchase transactions among the top ten shareholders during the reporting period [158]. - The company has committed to a share lock-up period, with a maximum reduction of 5% of total share capital within 12 months after the lock-up period ends, and up to 10% in the following 12 months [123].