Financial Performance - The company's operating revenue for 2018 was approximately RMB 631.99 million, representing a 42.26% increase compared to RMB 444.24 million in 2017 [27]. - The net profit attributable to shareholders for 2018 was approximately RMB 143.23 million, a 53.71% increase from RMB 93.19 million in 2017 [27]. - The net profit after deducting non-recurring gains and losses was approximately RMB 139.71 million, showing a significant increase of 104.55% compared to RMB 68.30 million in 2017 [27]. - The company's total assets at the end of 2018 reached approximately RMB 1.86 billion, a 75.26% increase from RMB 1.06 billion at the end of 2017 [27]. - The basic earnings per share for 2018 was RMB 0.71, up 54.35% from RMB 0.46 in 2017 [27]. - The weighted average return on net assets for 2018 was 16.29%, an increase of 4.10% compared to 12.19% in 2017 [27]. - The company's non-operating income for 2018 was approximately 3.53 billion, a significant decrease from 24.88 billion in 2017 [31]. - The company achieved a revenue of 632 million yuan, an increase of 42.26% year-on-year, and a net profit attributable to shareholders of 140 million yuan, up 104.55% year-on-year [54]. Dividend Policy - The company plans to distribute a cash dividend of 1.50 yuan per 10 shares (including tax) based on a total of 202,393,750 shares [16]. - The cash dividend represents 100% of the total profit distribution amount [113]. - The company has a policy to distribute at least 20% of the distributable profits as cash dividends if the profits are positive and no significant adverse changes occur [109]. - The company's distributable profits for the year amount to RMB 322,991,972.16 [113]. - The cash dividend amount for 2018 was CNY 30,359,062.50, which accounted for 21.20% of the net profit attributable to ordinary shareholders [118]. Market Expansion and Strategy - The company is actively pursuing international market expansion, with a focus on enhancing management systems and talent acquisition to support this growth [14]. - The company is focusing on expanding its core sectors such as biomedicine, metals, and environmental chemistry while exploring innovative sectors to manage risks from changes in downstream application fields [7]. - The company is committed to developing its core business in adsorption separation technology while also innovating in new product development and market expansion [33]. - The company aims to enhance its international market presence by developing new products tailored to international market characteristics and leveraging its technical advantages [101]. - The company intends to stabilize and expand its domestic market while actively seeking new international customers in the lithium extraction sector [98]. Research and Development - The company invested 5.19% of its operating revenue in research and development during the reporting period, ensuring continuous innovation capabilities [47]. - The company has accumulated 30 invention patents and multiple proprietary technologies, enhancing its competitive edge in the adsorption separation technology field [46]. - The company is committed to continuous R&D innovation, expanding into new application areas to broaden its development space [57]. Operational Efficiency and Management - The company aims to enhance its cost management system to mitigate risks associated with raw material price fluctuations, which significantly impact production costs [6]. - The company is enhancing cost control measures in response to significant fluctuations in raw material prices, optimizing procurement and inventory management [59]. - The company is implementing a detailed project management process for major projects to ensure timely and quality completion, thereby supporting overall business development [15]. - The company has established a vibrant talent management system to ensure a skilled workforce is available to support rapid growth [59]. Environmental and Social Responsibility - The company has invested in environmental protection and safety measures, including upgrading equipment and enhancing management protocols to reduce risks associated with production [12]. - The company has obtained the Environmental Management System Certification, confirming compliance with GB/T 24001-2016/ISO 14001:2015 standards, covering various products and processes [166]. - The company has committed to social responsibility, focusing on economic, environmental, and social responsibilities, while enhancing transparency and communication with investors [164]. Shareholder Structure and Governance - The company has a total of 15 directors, supervisors, and senior management personnel [199]. - The total remuneration paid to the board of directors, supervisors, and senior management in 2018 amounted to 2.6454 million yuan [199]. - The company has established a remuneration and assessment committee to propose remuneration for directors and senior management [199]. - The company has committed to a stock repurchase plan, with a maximum repurchase price not exceeding 120% of the latest audited net asset per share [121]. Financial Management - The company has no outstanding entrusted loans during the reporting period, indicating a conservative financial strategy [161]. - The company has engaged in wealth management activities, with a total of 17.5 million CNY in entrusted financial products, including bank and brokerage products [158]. - The company reported management expenses of 60,767,727.48 CNY and R&D expenses of 26,301,199.50 CNY for the year [128].

Financial Performance - Net profit attributable to shareholders rose by 14.70% to CNY 26,609,618.66 for the reporting period[8] - Operating revenue for the period was CNY 130,292,663.53, reflecting a 3.96% increase year-on-year[8] - The net profit after deducting non-recurring gains and losses increased by 25.37% to CNY 26,315,089.30[8] - Basic earnings per share increased by 8.33% to CNY 0.13[8] - The company's equity attributable to shareholders rose to CNY 889,000,718.60 from CNY 812,231,461.96, an increase of about 9.5%[29] - The company's operating revenue for the third quarter reached CNY 124.43 million, an increase of 26.6% compared to CNY 98.28 million in the same period last year[39] - The net profit for the third quarter was CNY 26.11 million, up 12.4% from CNY 23.20 million year-over-year[37] - The total profit for the third quarter was CNY 34.96 million, representing a 25.5% increase from CNY 27.79 million in the same quarter last year[36] - The basic and diluted earnings per share for the third quarter were both CNY 0.13, an increase from CNY 0.12 in the same period last year[37] - The total comprehensive income for the third quarter was CNY 26.11 million, compared to CNY 23.20 million in the previous year, reflecting a growth of 12.4%[41] Asset and Liability Changes - Total assets increased by 61.69% to CNY 1,713,637,851.24 compared to the end of the previous year[8] - Current liabilities amounted to CNY 793,475,710.71, compared to CNY 228,750,815.29, showing a significant increase of approximately 247.5%[29] - Cash and cash equivalents increased by 134.04% to ¥648,606,573.32 compared to ¥277,133,091.18 at the beginning of the year, primarily due to significant orders and construction projects funded by bank loans[17] - Accounts receivable rose by 30.77% to ¥237,861,573.62, attributed to new sales revenue that has not yet been settled[17] - Inventory increased by 82.57% to ¥141,670,113.66, reflecting a substantial rise in finished goods, work in progress, and raw materials related to ongoing projects[17] - Long-term equity investments grew by 78.99% to ¥836,960.97, due to profits from associated companies[17] - Construction in progress rose by 192.04% to ¥288,635,296.64, reflecting increased investment in construction projects[17] Cash Flow Analysis - Cash flow from operating activities showed a significant decline of 73.24% to CNY 16,790,466.18[8] - The net cash flow from operating activities was -153,604,131.88 CNY, compared to 51,597,204.97 CNY in the previous period, indicating a significant decline in operational performance[52] - Cash inflow from operating activities totaled 594,975,401.58 CNY, while cash outflow was 748,579,533.46 CNY, resulting in a cash flow deficit from operations[52] - The net cash flow from financing activities was 113,711,835.76 CNY, compared to -1,054,039.76 CNY previously, showing improved financing conditions[53] - The company received 479,000,000.00 CNY in loans, a significant increase from 10,000,000.00 CNY in the previous period, indicating aggressive financing strategies[53] Investment and R&D - Research and development expenses increased by 31.60% to ¥24,535,694.43, indicating a rise in R&D investment[17] - Research and development expenses for the third quarter amounted to CNY 5.06 million, a decrease of 72.9% compared to CNY 18.64 million in the previous year[36] - The company reported a significant increase in investment income, reaching CNY 112.38 million compared to CNY 1.67 million in the previous year[36] Shareholder Information - The company reported a total of 17,598 common shareholders at the end of the reporting period[12] - The top shareholder, 寇晓康, holds 25.49% of the shares, totaling 51,600,000 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13]