Financial Performance - Total revenue for Q1 2016 was ¥60,747,429.36, a decrease of 18.30% compared to ¥74,352,441.43 in the same period last year[8] - Net profit attributable to shareholders was ¥8,980,309.93, down 41.77% from ¥15,422,631.97 year-on-year[8] - Basic earnings per share decreased by 56.30% to ¥0.1123 from ¥0.2570 in the previous year[8] - The company achieved a sales revenue of 60.75 million RMB, a year-on-year decline of 18.30%[19] - Net profit for the period was 8.98 million RMB, down 41.77% compared to the previous year[19] - Cash flow from operating activities was -9.21 million RMB, a year-on-year change of -42.64%[19] - The total profit for Q1 2016 was CNY 11,287,089.77, down 36.8% from CNY 17,785,610.15 in the same quarter last year[55] Assets and Liabilities - Total assets at the end of the reporting period were ¥801,814,442.97, a slight decrease of 0.87% from ¥808,850,542.07 at the end of the previous year[8] - The company's total assets decreased from CNY 829,299,730.99 at the beginning of the period to CNY 810,567,096.15 at the end of the period[48] - The company's cash and cash equivalents decreased to CNY 146,971,772.72 from CNY 194,595,484.90, reflecting a decline of approximately 24.4%[42] - Accounts receivable increased to CNY 117,194,200.36 from CNY 110,660,719.89, showing a growth of about 5.0%[42] - The total current liabilities decreased to CNY 111,399,669.94 from CNY 127,416,078.97, a reduction of about 12.6%[44] Cash Flow - The net cash flow from operating activities improved to -¥9,213,840.17, a reduction of 56.30% compared to -¥16,063,964.95 in the same period last year[8] - The cash flow from operating activities showed a net outflow of CNY 9,213,840.17, an improvement from a net outflow of CNY 16,063,964.95 in the previous year[59] - The net cash flow from investment activities was -36,359,655.96 CNY, indicating a decrease compared to the previous period[63] Investments and Projects - The company reported a significant increase in prepayments, which rose by 258.09% to 4.70 million RMB[18] - The wet metallurgy separation material project has a total investment commitment of CNY 82 million, with 0% progress reported[32] - The engineering center project has a total investment commitment of CNY 69 million, with 53.68% progress achieved as of December 31, 2016[32] - The marketing system construction project has a total investment commitment of CNY 30 million, with only 6.99% progress reported[32] - The separation and purification device industry project has a total investment commitment of CNY 74.33 million, with 45.34% progress reported as of December 31, 2016[32] Shareholder Commitments - The company strictly fulfilled its commitment regarding the lock-up period for major shareholders, which prohibits them from transferring or entrusting their shares for 36 months from the date of the company's stock listing[25] - Major shareholders are allowed to reduce their holdings after the lock-up period, with a maximum reduction of 25% of their shares each year for two years[26] - The company has committed to a stock repurchase plan with a budget of 10 million yuan, aimed at stabilizing the stock price if certain conditions are met[26] - The company will announce any share reduction plans three trading days in advance, ensuring transparency in the process[26] Risks and Challenges - The company faces risks from fluctuations in raw material prices, particularly petrochemical products, which significantly impact production costs[11] - The company has a high proportion of accounts receivable, totaling ¥117,194,200, which poses a risk if major customers face financial difficulties[12] - The company plans to relocate the wet metallurgy separation material industrialization project due to changes in land use, which has delayed the project timeline[33] Management and Strategy - The company is expanding into new application fields, which may require additional management and technical personnel to support growth[12] - The company is focusing on developing new applications for resin and enhancing product performance in existing markets[21] - The company plans to continue expanding its adsorption separation technology into new fields and optimize management processes[22]

Financial Performance - Net profit attributable to shareholders decreased by 18.89% to ¥9,436,467.06 for the reporting period[7] - Total operating revenue for the period was ¥53,229,754.36, down 18.86% year-on-year[7] - Basic earnings per share decreased by 39.14% to ¥0.12[7] - Weighted average return on equity was 1.42%, a decrease of 1.84% compared to the previous year[7] - The company reported a net cash flow from operating activities of -¥9,628,815.83, a decline of 48.47%[7] - The company reported a net profit margin improvement, with undistributed profits increasing to CNY 184,158,578.93 from CNY 156,920,908.27[49] - The company's total profit for the quarter was CNY 11,101,725.91, down from CNY 13,864,320.89, representing a decrease of approximately 20%[56] - The total comprehensive income for the quarter was CNY 9,436,467.06, down from CNY 11,634,597.68, reflecting a decrease of approximately 18.9%[60] - The net profit for Q3 2015 was CNY 9,436,467.06, compared to CNY 11,634,597.68 in the previous year, indicating a decline of about 18.9%[56] - The total cash inflow from operating activities was ¥146,246,828.01, down from ¥152,933,160.73 in the previous period[73] Assets and Liabilities - Total assets increased to ¥800,515,399.24, a 67.97% increase compared to the previous year[7] - Total liabilities at the end of the reporting period amounted to RMB 133 million, up 44.92% from the beginning of the period[18] - Owner's equity at the end of the reporting period was RMB 667 million, reflecting a 73.49% increase compared to the beginning of the period[18] - Cash and cash equivalents at the end of the reporting period were RMB 216 million, a 46.24% increase due to funds raised from new stock issuance[18] - Current liabilities rose to CNY 133,472,549.92, compared to CNY 92,102,029.90, indicating an increase of about 45%[48] - Owner's equity totaled CNY 667,042,849.32, up from CNY 384,476,478.66, representing a growth of approximately 73.6%[49] Shareholder Information - The number of shareholders at the end of the reporting period was 10,353[13] - The top shareholder, Kou Xiaokang, holds 25.80% of the shares, totaling 20,640,000 shares[13] - The company committed to not transferring or entrusting management of its publicly issued shares for 36 months from the date of listing, which was fulfilled by the controlling shareholders[28] - The controlling shareholders committed to not reducing their holdings below the issue price within two years after the lock-up period[29] - Shareholders are allowed to reduce their holdings by no more than 25% of their total shares held at the end of the previous year after the lock-up period[29] Government Support and Subsidies - The company received government subsidies amounting to ¥3,900,246.00 during the reporting period[8] Risks and Challenges - The company faces risks from market competition and fluctuations in raw material prices, particularly petrochemical products[10][11] Research and Development - Research and development efforts have intensified, with progress in new products in solid-phase carriers and performance optimization of gallium resin in hydrometallurgy[21] - The company aims to increase R&D investment and actively develop new products to enhance core competitiveness[34] Investment and Capital Projects - The company plans to accelerate the investment and construction progress of fundraising projects to quickly realize project returns[34] - The engineering center project had an investment of 6,900 million, with a progress of 43.06% as of December 1, 2016[37] - The separation and purification device industrialization project had an investment of 7,433 million, with a progress of 48.43% as of December 31, 2016[37] Cash Flow and Financing Activities - Cash inflow from financing activities amounted to ¥311,868,700.00, while cash outflow was ¥24,866,948.94, resulting in a net cash flow of ¥287,001,751.06 from financing activities[74] - The total cash outflow from operating activities was ¥134,892,011.10, compared to ¥151,631,457.33 in the previous period, showing a reduction in cash outflow[74] - Investment activities resulted in a net cash outflow of ¥210,582,425.31, which is an increase from the previous period's outflow of ¥6,273,326.21[74] Commitments and Legal Responsibilities - The company has committed to ensuring the accuracy and completeness of its prospectus, taking full legal responsibility for any misleading statements or omissions[31] - In the event of any losses incurred by investors due to false information, the company will compensate investors based on measurable economic losses[31] - The company will halt cash dividend plans and the payment of salaries to directors and senior management if it fails to fulfill its public commitments[31] - Major asset purchases, sales, and capital operations will be suspended until the company meets its commitments[31]

Financial Performance - Total revenue for the first half of 2015 was CNY 150,206,365.65, representing a 17.45% increase compared to CNY 127,889,774.97 in the same period last year[13]. - Net profit attributable to ordinary shareholders was CNY 28,525,524.66, an increase of 8.97% from CNY 26,178,268.71 year-on-year[13]. - Basic earnings per share increased to CNY 0.480, up 9.09% from CNY 0.44 in the same period last year[13]. - The company achieved operating revenue of 150.21 million yuan, a year-on-year increase of 17.45% driven by growth in the pharmaceutical, chemical, and water treatment sectors[22]. - The company reported a total profit of CNY 32,634,736.86, an increase of 9.2% from CNY 29,808,890.46 year-on-year[101]. - The company reported a significant increase in capital reserves, which grew to CNY 382,882,898.22 from CNY 147,554,198.22, reflecting a growth of about 159.8%[93]. - The company’s total comprehensive income for the period is CNY 59,703,510.89, indicating a significant improvement compared to the previous period's loss of CNY 17,123,742.49[125]. Cash Flow and Liquidity - The net cash flow from operating activities was negative CNY 29,569,073.72, a decline of 40.09% compared to negative CNY 21,107,005.15 in the previous year[13]. - The company reported a net cash outflow from operating activities of 29.57 million yuan, a 40.09% increase in outflow compared to the previous year[23]. - The company’s cash and cash equivalents increased to ¥335,237,152.70 from ¥147,759,490.50 at the beginning of the period, representing a growth of approximately 126.5%[90]. - The company’s end-of-period cash balance accounted for 48.55% of total assets, indicating strong liquidity[195]. - The company raised 268,868,700.00 yuan from investment activities, while cash outflows for investment activities totaled 84,409,099.73 yuan, resulting in a net cash flow from investment activities of -84,409,099.73 yuan[113]. - The company’s net cash flow from financing activities was significantly positive, indicating strong investor confidence and support during the period[113]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 785,228,630.54, a 64.76% increase from CNY 476,578,508.56 at the end of the previous year[13]. - Current assets totaled CNY 636,249,085.84, compared to CNY 369,584,167.09, indicating a rise of about 72.3%[91]. - The total liabilities remained stable at CNY 127,622,248.28, consistent with the previous period's CNY 92,102,029.90[92]. - The company’s total liabilities include provisions for expected losses on contracts, which are recognized when total estimated costs exceed total contract revenue[188]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this period[4]. - The company distributed 10,724,321.06 CNY in profits to shareholders, representing 20% of the audited distributable profits for the year 2014[42]. - The total number of shareholders at the end of the reporting period is 33,098[77]. - The largest shareholder, Mr. Kou Xiaokang, holds 25.80% of the shares, totaling 20,640,000 shares[77]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of its stock listing[61]. Research and Development - Research and development investment increased by 35.79% to 9.47 million yuan, indicating a focus on enhancing R&D capabilities[23]. - Significant progress was made in R&D projects, particularly in life sciences and hydrometallurgy, with new products and improvements in resin performance[30]. - The company plans to continue expanding its application of adsorption separation technology in new fields, particularly in solid-phase carriers and life sciences[34]. Market and Competition - The company faces market competition risks due to increasing competition in the adsorption separation materials market and rapid product updates driven by technological advancements[19]. - The market for adsorption separation resins is expanding, with applications in various industries increasing from less than 10% to approximately 30% in non-water treatment areas[32]. Corporate Governance and Compliance - The company has no major litigation or arbitration matters during the reporting period[46]. - The company has not proposed or implemented any share buyback plans during the reporting period, reflecting a focus on growth rather than capital return strategies[67]. - The company has made commitments to avoid any direct or indirect competition with its own business, ensuring compliance with regulatory requirements[67]. - The company will actively accept social supervision to ensure compliance with public commitments made during the IPO process[65]. Financial Reporting and Accounting Policies - The financial report for the first half of 2015 was not audited[88]. - The accounting policies adopted by the company comply with the relevant enterprise accounting standards, ensuring accurate reflection of financial status and performance[141]. - The company’s financial statements reflect no overdue tax payments beyond the statutory deadline[193].