Financial Performance - The company reported a revenue of RMB 1.2 billion for the year 2021, representing a year-on-year increase of 25%[29]. - The gross profit margin for 2021 was 35%, compared to 30% in the previous year, indicating improved profitability[29]. - The company's operating revenue for 2021 was ¥1,194,906,530.13, representing a 29.51% increase compared to ¥922,630,930.07 in 2020[34]. - The net profit attributable to shareholders for 2021 was ¥310,856,595.18, a 53.85% increase from ¥202,054,919.34 in 2020[34]. - The net cash flow from operating activities reached ¥350,304,974.18, a 34.51% increase from ¥260,427,752.05 in 2020[34]. - The total assets of the company reached RMB 3 billion by the end of 2021, reflecting a 10% increase from the previous year[29]. - The company achieved a revenue of 1.195 billion yuan in 2021, representing a year-on-year growth of 30%[88]. - The net profit attributable to shareholders reached 311 million yuan, with a year-on-year increase of 54%[88]. - Operating cash flow net amount was 350 million yuan, up 35% compared to the previous year[91]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[29]. - The company is focusing on international market expansion while being aware of potential regulatory and geopolitical risks that could impact overseas operations[16]. - The company is actively expanding its international presence and market share, leveraging its first-mover advantage in the industry[49]. - The company is actively pursuing international market development, particularly in wet metallurgy and environmental protection sectors[191]. - The company aims to capture significant market opportunities in the lithium extraction sector, particularly in salt lake lithium extraction, and plans to enhance its market position through specialized project teams[188]. Research and Development - The company emphasizes the importance of continuous R&D investment to maintain competitive advantages and meet diverse customer needs in emerging application fields[10]. - The company has allocated RMB 200 million for R&D in 2022, focusing on advanced polymer materials[29]. - The company achieved a research and development investment of 6.43% of its operating revenue during the reporting period[78]. - The company has established a research and development team of over 200 members, covering various fields such as polymer materials and organic synthesis[76]. - The company has been recognized for its "VOCs efficient treatment resin adsorption technology" as part of the national ecological environment technology achievement transformation platform[79]. - The company is committed to developing new technologies and applications, although some new business areas are still in the early stages and have limited immediate revenue impact[18]. Product Development and Innovation - New product development includes a line of eco-friendly ion exchange resins, expected to launch in Q3 2022[29]. - The company has developed key technologies for the separation and recovery of lithium and nickel from solutions, contributing to resource utilization[79]. - The company has developed a high-efficiency nickel adsorbent that achieved the best performance indicators in East Asia nickel ore testing, contributing to its competitive edge in metal extraction[101]. - The company has expanded its product line in the life sciences sector, enhancing its influence and revenue potential through new technology and product development[154]. - The company has developed a second-generation protein A affinity material with a loading capacity exceeding 70 mg/ml, which is currently undergoing documentation for commercialization[155]. Operational Efficiency and Management - The company acknowledges risks related to management complexity due to rapid business growth and plans to enhance internal controls and management efficiency[8]. - The company is enhancing its human resources strategy to retain core technical personnel and prevent knowledge leakage, which is critical for maintaining its competitive edge[14]. - The company is focusing on dual-carbon strategies and ESG principles, integrating its technology with national carbon neutrality goals[195]. - The company plans to enhance its management systems to adapt to rapid growth and ensure operational efficiency[194]. - The company has adopted a refined management approach, utilizing data analysis to improve operational quality across various business segments[118]. Competition and Market Challenges - The company is facing increased competition in the adsorption separation materials market and aims to continuously innovate and improve product performance to maintain market share[9]. - The company faces intensified market competition due to increased investments from domestic and international manufacturers in emerging application fields[199]. - The company aims to maintain stable pricing and improve cost control in response to increased tariffs affecting overseas business profitability[143]. Financial Management and Investments - The company has maintained a debt-to-asset ratio of 32% as of the end of the reporting period[88]. - The total investment amount for the reporting period reached ¥179,684,059.91, representing a significant increase of 207.26% compared to ¥58,478,988.30 in the previous year[169]. - The company has confirmed that there are no idle funds remaining from the raised capital after the completion of the projects[181]. - The company has temporarily used idle raised funds to supplement working capital, with a balance of CNY 0 as of December 31, 2021[181]. Environmental and Regulatory Compliance - The company has obtained a health safety product license for drinking water-related products, valid until May 17, 2022[73]. - The company has an environmental management system certification valid until January 8, 2024, for its adsorption and ion exchange resin products[73]. - The company is focusing on technological innovation and expanding its application of adsorption separation technology in various fields, including lithium extraction from salt lake brine[137].