证券代码：300596 证券简称：利安隆 公告编号：2019-068 天津利安隆新材料股份有限公司 关于举办投资者接待日活动的公告 本公司及全体董事会成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为构建天津利安隆新材料股份有限公司（以下简称"公司"）与投资者的良好 关系，更好的与投资者交流，使广大投资者深入全面地了解公司情况，公司将举 办投资者接待日活动，现将相关事项公告如下： 一、 活动时间 2019 年 6 月 27 日（星期四）13：30-16：30 二、 活动地点 浙江常山科润新材料有限公司（浙江省衢州市常山县凯隆路） 三、 预约方式 为更好地安排本次活动，请来访者于 2019 年 6 月 14 日（星期五）17：00 之 前，通过邮件、邮寄的方式将来访证明文件发送到公司指定的地址，工作人员将 用于确认股东身份信息以便登记和接待。 来访证明文件：个人投资者为本人身份证复印件、股东卡复印件；机构投资 者为来访人身份证复印件、所在机构介绍信。 通讯地址：天津市南开区华苑产业区开华道 20 号 F 座 20 层公司证券部 联系电话：022-83718775 联系邮箱：sec ...

证券代码：300596 证券简称：利安隆 公告编号：2019-056 天津利安隆新材料股份有限公司 关于举行"投资者网上集体接待日"活动公告 本公司及全体董事会成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 天津利安隆新材料股份有限公司（以下简称"公司"）已于 2019 年 3 月 26 日披露了 2018 年年度报告。公司定于 2019 年 5 月 9 日（星期四）下午 15:00-16:30 在全景网举办 2018 年度天津辖区网上集体接待日活动，本次活动将 采用网络远程方式举行，投资者可登录"全景• 路演天下"（http://rs.p5w.net） 参与本次互动交流。 特此公告。 天津利安隆新材料股份有限公司 董事会 2019 年 4 月 30 日 1 ...

Financial Performance - Total revenue for Q1 2019 reached ¥409,492,579.11, an increase of 26.64% compared to ¥323,360,251.97 in the same period last year[8] - Net profit attributable to shareholders was ¥53,155,962.23, representing a growth of 49.78% from ¥35,488,367.06 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥43,700,860.22, up 27.74% from ¥34,210,845.47 in the previous year[8] - Basic earnings per share increased to ¥0.2953, a rise of 49.75% compared to ¥0.1972 in the same period last year[8] - The company's net profit for Q1 2019 was not explicitly stated, but the increase in retained earnings was noted at ¥393,577,199.84, compared to ¥362,058,680.49 in the previous year[56] - The net profit attributable to the parent company was CNY 560,358,185.41, compared to CNY 507,202,223.18 in the previous year, representing an increase of about 10.47%[49] - The total comprehensive income for Q1 2019 was CNY 52,943,448.25, compared to CNY 34,639,698.25 in Q1 2018, marking a significant increase of 52.9%[63] - The net profit for Q1 2019 reached CNY 54,024,888.65, representing a growth of 49.6% from CNY 36,115,277.56 in Q1 2018[63] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,125,370,665.37, reflecting a 5.35% increase from ¥2,017,390,322.69 at the end of the previous year[8] - Total current assets as of March 31, 2019, amounted to CNY 1,215,655,861.77, an increase from CNY 1,172,595,824.55 at the end of 2018, reflecting a growth of approximately 3.66%[43] - Total liabilities increased to CNY 973,365,361.61 from CNY 918,219,511.91, reflecting a rise of about 6.00%[47] - The company's total assets reached CNY 2,125,370,665.37, up from CNY 2,017,390,322.69, marking an increase of approximately 5.36%[49] - Total liabilities were reported at ¥777,757,914.36, a slight increase from ¥772,097,825.78 at the end of 2018[54] Cash Flow - The net cash flow from operating activities was -¥18,727,896.77, an improvement of 54.30% compared to -¥40,978,383.50 in the same period last year[8] - Operating cash inflow for the current period was CNY 390,670,693.99, compared to CNY 201,841,412.42 in the previous period, representing an increase of approximately 93.4%[76] - The net cash flow from operating activities was CNY 12,130,007.43, a significant improvement from a net outflow of CNY 30,221,366.45 in the previous period[76] - Cash inflow from financing activities totaled CNY 81,682,901.80, slightly up from CNY 81,660,454.95 in the previous period[78] - The net cash flow from financing activities was CNY 9,798,711.80, down from CNY 50,924,865.76 in the previous period, indicating a decrease of approximately 80.8%[78] - Total cash outflow from investing activities was CNY 105,070,141.37, compared to CNY 55,819,509.68 in the previous period, reflecting an increase of approximately 88.1%[76] Expenses - Total operating costs for Q1 2019 were ¥359,086,016.62, up 27.38% from ¥281,859,061.48 in Q1 2018[57] - Management expenses increased by 59.75% to CNY 19,049,302.54, primarily due to higher employee compensation costs[20] - Financial expenses rose by 76.98% to CNY 8,750,483.96, mainly due to currency fluctuations and increased interest expenses from loans[20] - The company incurred a total tax expense of CNY 9,037,593.86 in Q1 2019, which is an increase from CNY 6,982,466.24 in Q1 2018, reflecting higher profitability[63] Investments and Projects - The company plans to acquire 100% equity of Hengshui Kaiya Chemical Co., Ltd. through a share issuance, which was approved at the shareholders' meeting[25] - The project for expanding the annual production of 11,500 tons of antioxidants has been adjusted to the first phase of the project for producing 125,000 tons of polymer material aging-resistant agents[34] - The aging-resistant agents project is currently under construction, with 17.52% of the investment completed[31] - The company has invested CNY 3,738.95 million in the current quarter, with a cumulative investment of CNY 12,466.15 million[31] Shareholder Information - The company reported a total of 6,692 common shareholders at the end of the reporting period[11] - The company has not faced any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[29] - The company has not implemented any share repurchase during the reporting period[28] Research and Development - Research and development expenses increased to CNY 11,445,299.72, up 20.6% from CNY 9,493,903.93 in the previous year, reflecting the company's commitment to innovation[64] - The new R&D center project has been completed and is in use since the end of 2018[34]

Financial Performance - The company reported a significant increase in revenue, achieving a total of RMB 1.2 billion in 2018, representing a growth of 15% compared to 2017[20]. - The company's operating revenue for 2018 was ¥1,487,749,326.56, representing a 30.23% increase compared to ¥1,142,409,913.44 in 2017[30]. - The net profit attributable to shareholders for 2018 was ¥193,073,521.01, a 47.95% increase from ¥130,500,277.88 in 2017[30]. - The net profit after deducting non-recurring gains and losses for 2018 was ¥186,094,366.54, up 48.53% from ¥125,291,737.68 in 2017[30]. - The basic earnings per share for 2018 was ¥1.07, an increase of 44.59% compared to ¥0.74 in 2017[30]. - The gross profit margin for 2018 was reported at 35%, a slight increase from 33% in 2017, indicating improved cost management[20]. - The company has set a target to achieve a net profit margin of 12% in 2019, up from 10% in 2018, through enhanced product offerings and market strategies[20]. - The company reported a net profit margin of 12%, indicating strong operational efficiency[149]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in sales from this region by 2020[20]. - The company provided a positive outlook for 2019, projecting a revenue growth of 10% to 15% based on market expansion strategies and new product launches[20]. - The company aims to enhance its competitive advantage through technology innovation and project implementation, focusing on capacity upgrades and product structure optimization[116]. - The company plans to maintain a stable cash dividend policy, ensuring consistent returns to investors in accordance with its articles of association and dividend management system[189]. - The company is focused on expanding its international market presence while balancing domestic growth, enhancing its brand influence globally[55]. Research and Development - Investment in R&D increased by 25% in 2018, focusing on the development of new polymer materials and additives to enhance product performance[20]. - The R&D team consists of 161 personnel, accounting for approximately 15.32% of the total workforce, including 7 PhDs and 27 master's degree holders[53]. - The company has accumulated 56 authorized patents as of December 31, 2018, including 40 invention patents and 16 utility model patents, with 31 invention patent applications and 4 utility model applications currently under review[53]. - The company is actively developing personalized U-pack products to meet the evolving trends in the polymer materials anti-aging industry[50]. - The company has significantly enhanced its R&D capabilities and application technology innovation, leading to accelerated growth of its U-pack products[48]. Risk Management - The company faces risks related to raw material price fluctuations, which significantly impact production costs due to the high proportion of direct materials in the main business costs[4]. - The company has implemented sufficient provisions for bad debts, but remains exposed to risks if major clients face operational difficulties due to economic changes[9]. - The company’s export business is significantly affected by exchange rate fluctuations and national export tax rebate policies, with a depreciation of the RMB providing some competitive advantages[8]. - The company emphasizes EHS management to ensure safety and environmental compliance, aiming for sustainable development[120]. - The company will actively monitor macroeconomic changes and implement measures to mitigate risks related to foreign exchange and customer credit[120]. Dividend Policy - The company plans to distribute a cash dividend of CNY 1.61 per 10 shares, based on a total of 180,000,000 shares[11]. - The cash dividend for 2018 represents 15.01% of the net profit attributable to ordinary shareholders, compared to 15.03% in 2017[130]. - The total distributable profit for 2018 was RMB 106,452,466.27, with the cash dividend fully utilizing this amount[128]. - The company has maintained a consistent dividend distribution policy over the past three years, with cash dividends increasing each year[128]. - The company's independent directors confirmed the compliance and transparency of the dividend distribution process[125]. Operational Efficiency - The company aims to improve operational efficiency by implementing new technologies, which are projected to reduce production costs by 10%[20]. - The company is implementing a lean production model across its bases to optimize management and production efficiency[61]. - The company aims for a 72-hour supply response time, balancing service and cost through coordinated supply chain management[44]. - The company is committed to reducing the dilution of immediate returns from its issuance activities through various measures[189]. - The company will continue to advance information technology applications, including SAP and CRM systems, to enhance operational efficiency[120]. Corporate Governance - The company has committed to strict compliance with laws and regulations regarding related party transactions, ensuring fairness and transparency[143]. - The commitments made by the actual controllers and related parties ensure no competition with the company's main business activities[145]. - The company guarantees to follow its profit distribution policies, including cash dividend policies, as outlined in its articles of association and future plans[135]. - The company has established an employee stock ownership plan with a maximum duration of 24 months, aimed at aligning employee interests with company performance[195]. - The company has not reported any issues regarding the use and disclosure of raised funds during the reporting period[101].

Financial Performance - Net profit attributable to shareholders increased by 72.35% to CNY 61,891,641.58 for the reporting period[8] - Operating revenue for the reporting period reached CNY 416,773,044.45, a growth of 34.36% year-on-year[8] - Basic earnings per share rose by 72.33% to CNY 0.3438[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 56,525,190.06, reflecting a 60.80% increase year-on-year[8] - The company's equity attributable to shareholders increased from CNY 896,170,460.61 to CNY 1,026,828,111.09, representing a growth of about 14.6%[32] - The net profit margin improved, with retained earnings rising from CNY 345,576,753.98 to CNY 474,061,491.51, an increase of approximately 37.2%[32] - The net profit for the current period was ¥63,334,809.93, compared to ¥35,891,527.27 in the previous period, reflecting an increase of approximately 76.5%[39] - The total comprehensive income for the current period was CNY 153,536,848.01, significantly higher than CNY 93,355,335.53 in the previous period, marking an increase of 64.5%[48] Assets and Liabilities - Total assets increased by 18.79% to CNY 1,770,865,796.17 compared to the end of the previous year[8] - Current assets rose from CNY 902,781,799.23 to CNY 1,043,608,535.19, an increase of about 15.6%[30] - Total liabilities rose from CNY 569,517,464.41 to CNY 716,029,743.39, indicating an increase of about 25.8%[32] - Current liabilities increased from CNY 491,108,867.30 to CNY 641,202,620.56, a growth of approximately 30.6%[32] - The company reported a significant increase in fixed assets from CNY 342,204,827.39 to CNY 424,360,165.90, reflecting a growth of about 24.1%[31] Cash Flow - The net cash flow from operating activities increased by 187.99% to CNY 67,192,532.50 year-to-date[8] - Cash received from tax refunds rose by 511.41% to ¥21,132,038.64, mainly due to export tax rebates[17] - The cash flow from investment activities showed a significant recovery with a net inflow of CNY 30,471,865.83 compared to a net outflow of -CNY 100,439,734.82 in the previous period[54] - The cash flow from operating activities generated a net amount of CNY 67,192,532.50, compared to CNY 23,331,641.28 in the previous period, indicating a substantial improvement[52] Shareholder Information - The company reported a total of 7,625 common shareholders at the end of the reporting period[12] - The largest shareholder, Tianjin Lianlong Technology Group Co., Ltd., holds 18.03% of the shares[12] - Shareholders Guangzhou Chengxin and Guangzhou Tingbo plan to reduce their holdings by up to 8,694,000 shares, representing 4.83% of the total share capital[21] Expenses - Management expenses increased by 152.50% to ¥46,153,903.79 compared to the same period in 2017[16] - Research and development expenses rose to ¥15,581,697.38 from ¥11,744,735.95, an increase of approximately 32.5%[37] - Sales expenses increased to ¥29,580,992.51 from ¥23,153,052.03, reflecting a rise of approximately 27.6%[37] - The company reported a tax expense of CNY 30,510,308.42, which is an increase from CNY 15,889,881.72 in the previous period, reflecting higher profitability[48] Investment Activities - Investment income turned positive at ¥5,795,725.56, a significant recovery from a loss of ¥1,793,411.95 in the previous year[16] - The company achieved an investment income of ¥1,796,835.56, compared to a loss of ¥499,811.95 in the previous period, indicating a turnaround[39]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2018, representing a year-on-year growth of 25%[1]. - Total revenue for the first half of 2018 reached ¥713,141,456.56, an increase of 27.18% compared to ¥560,753,680.95 in the same period last year[28]. - Net profit attributable to shareholders was ¥86,213,095.95, representing a 49.98% increase from ¥57,482,130.73 year-on-year[28]. - The net profit after deducting non-recurring gains and losses was ¥82,368,404.13, up 45.85% from ¥56,476,441.64 in the previous year[28]. - The basic earnings per share increased to ¥0.4790, a rise of 45.81% compared to ¥0.3285 in the same period last year[28]. - The company's operating profit reached CNY 107,109,569.83, reflecting a year-on-year increase of 58.80%[57]. - The total operating costs were CNY 611,326,685.78, which is a 24.0% increase from CNY 493,176,903.93 in the same period last year[175]. - The company reported a total comprehensive income for the first half of 2018 of CNY 88,362,456.35, up 53.2% from CNY 57,707,457.63 in the previous year[176]. Investment and Development - The company plans to invest 200 million RMB in new product development and technology upgrades in the next fiscal year, aiming to enhance its competitive edge in the market[1]. - The company aims to become a globally recognized supplier of polymer material aging resistance solutions, driven by innovation and market expansion strategies[37]. - The company plans to enhance its innovation-driven development model with the establishment of a new R&D center[47]. - The company reported a significant increase in R&D investment, which increased by 37.13% to CNY 33,543,344.05, driven by enhanced efforts in developing new products, processes, and applications[63]. - The company has established a strong customer base, including global leaders such as BASF and DuPont, enhancing its market position[50]. Market Expansion - The company is expanding its market presence in Southeast Asia, with plans to establish a new distribution center in Singapore by Q4 2018[1]. - The company has established a significant competitive advantage through its management team, technical innovation, and global marketing network, enhancing brand recognition in regions like Europe, the USA, Japan, and South Korea[40]. - The company's sales model includes direct sales and distribution, with subsidiaries in Hong Kong, the USA, Germany, and Japan to serve global clients effectively[38]. - The company has established Rianlon Japan Co., Ltd. to expand into the Japanese polymer material anti-aging additives market, which is expected to positively impact overall operations and performance[92]. Financial Position - The total assets at the end of the reporting period were ¥1,692,461,145.73, reflecting a growth of 13.53% from ¥1,490,758,731.95 at the end of the previous year[28]. - The company's cash and cash equivalents increased by 49.07% compared to the beginning of the period, mainly due to the maturity of raised funds[42]. - The company's total liabilities reached CNY 702,799,484.61, up from CNY 569,517,464.41, indicating a rise of about 23.3%[167]. - Owner's equity increased to CNY 989,661,661.12 from CNY 921,241,267.54, reflecting a growth of approximately 7.4%[168]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which have increased by approximately 10% due to international oil price volatility[1]. - The company reported a 5% increase in accounts receivable, raising concerns about potential collection risks as business scales[1]. - The company is currently managing several construction projects, with delays expected due to stricter environmental regulations impacting project timelines[1]. - The company is experiencing management challenges due to rapid expansion, necessitating enhanced training and recruitment of skilled personnel[98]. Environmental Compliance - The company emphasizes strict adherence to environmental protection and safety production measures to mitigate risks associated with flammable and explosive chemical materials used in production[93]. - The company has implemented measures to ensure that all emissions meet environmental standards, with no exceedance reported for various pollutants[128][129]. - The company has established a robust environmental management system to monitor and control emissions effectively[128][129]. Shareholder Information - The company’s total share capital is 180,000,000 shares, with 75% of shares subject to trading restrictions[143]. - The first employee stock ownership plan was approved on March 19, 2018, during the first employee representative meeting[110]. - The plan was officially approved at the second extraordinary shareholders' meeting on April 12, 2018[112]. - The company reported no significant asset or equity sales during the reporting period[89][90]. Operational Efficiency - The company has implemented measures to manage accounts receivable risks, including performance assessments for sales personnel and categorizing clients based on their financial health[97]. - The company has not encountered any overdue or unrecoverable amounts in its entrusted wealth management activities[86]. - The company has engaged qualified units for the treatment of hazardous solid waste, ensuring compliance with regulations[129].

Financial Performance - Total revenue for Q1 2018 was CNY 323,360,251.97, representing a 13.60% increase compared to CNY 284,648,109.13 in the same period last year[6]. - Net profit attributable to shareholders was CNY 35,488,367.06, up 16.41% from CNY 30,484,913.82 year-on-year[6]. - Basic earnings per share decreased by 28.83% to CNY 0.1972 from CNY 0.2771 in the previous year[6]. - The total operating revenue for the first quarter was CNY 323,360,251.97, an increase of 13.6% compared to CNY 284,648,109.13 in the same period last year[47]. - The total operating costs amounted to CNY 281,859,061.48, up from CNY 248,678,855.83, reflecting a year-over-year increase of 13.3%[47]. - The company's total profit for Q1 2018 was CNY 43,097,743.80, reflecting a growth of 20.5% from CNY 35,635,418.83 in Q1 2017[48]. - The gross profit margin improved to 11.5% in Q1 2018, compared to 10.5% in Q1 2017[51]. - The financial expenses for Q1 2018 were CNY 6,482,831.45, significantly higher than CNY 2,107,607.59 in Q1 2017, marking an increase of 208.5%[51]. Cash Flow - The net cash flow from operating activities was negative at CNY -40,978,383.50, a decline of 533.98% compared to CNY 9,442,379.59 in the same period last year[6]. - The company's cash flow from operating activities rose by 389.18% to CNY 3,870,528.72, mainly due to government subsidies and deposit refunds[23]. - Total cash inflow from operating activities was 241,126,442.49 CNY, while cash outflow was 282,104,825.99 CNY, resulting in a net cash flow deficit[55]. - The company reported a net increase in cash and cash equivalents of -58,246,682.61 CNY, contrasting with an increase of 267,992,619.80 CNY in the previous period[56]. - Cash and cash equivalents decreased from 253,954,993.34 RMB at the beginning of the period to 195,225,620.29 RMB at the end of the period, representing a decline of approximately 23%[39]. Assets and Liabilities - Total assets increased by 5.42% to CNY 1,571,572,858.55 from CNY 1,490,758,731.95 at the end of the previous year[6]. - The total liabilities increased to CNY 614,411,140.61 from CNY 569,517,464.41, representing a rise of 7.9%[41]. - The owner's equity totaled CNY 957,161,717.94, up from CNY 921,241,267.54, marking a growth of 3.9%[42]. - Accounts receivable increased from 197,395,977.95 RMB to 218,560,596.83 RMB, indicating a growth of about 10.6%[39]. - Inventory rose from 282,319,338.80 RMB to 330,211,858.12 RMB, reflecting an increase of approximately 17%[39]. Investments and Projects - The company received government subsidies amounting to CNY 635,050.04 during the reporting period[7]. - The company approved the first employee stock ownership plan on March 22, 2018, to enhance employee engagement and align interests with shareholders[25]. - The project for the expansion of the antioxidant production facility has not yet commenced, with 0% progress reported[30]. - The second phase of the UV absorber project has achieved 93.33% completion, with RMB 5.96 million invested to date[30]. - The new R&D center project has only reached 14.08% completion, with RMB 319.49 million invested[30]. Risks and Challenges - The company faced risks related to raw material cost fluctuations, which significantly impact production costs[9]. - The company reported an increase in accounts receivable, raising concerns about potential collection risks due to economic changes[10]. - The company is experiencing management challenges due to rapid business expansion, necessitating a higher demand for skilled personnel[10]. Profit Distribution - The adjusted profit distribution plan for 2017 proposes a cash dividend of RMB 1.09 per 10 shares, totaling RMB 19,620,000, based on a total share capital of 180,000,000 shares[26]. - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[35][36].

Financial Performance - The company's operating revenue for 2017 was CNY 1,142,409,913.44, representing a 41.33% increase compared to CNY 808,312,727.20 in 2016[22]. - The net profit attributable to shareholders for 2017 was CNY 130,500,277.88, which is a 44.08% increase from CNY 90,577,461.79 in 2016[22]. - The net profit after deducting non-recurring gains and losses was CNY 125,291,737.68, up 43.83% from CNY 87,109,252.86 in 2016[22]. - The total assets at the end of 2017 reached CNY 1,490,758,731.95, a 65.10% increase from CNY 902,964,701.95 at the end of 2016[22]. - The net assets attributable to shareholders increased by 77.63% to CNY 896,170,460.61 from CNY 504,509,251.66 in 2016[22]. - The basic earnings per share for 2017 was CNY 0.74, a decrease of 26.73% compared to CNY 1.01 in 2016[22]. - The weighted average return on equity for 2017 was 16.01%, down from 19.72% in 2016[22]. - The net cash flow from operating activities was CNY 31,396,413.38, an increase of 30.84% from CNY 23,995,643.76 in 2016[22]. - The company reported a net profit of RMB 80,339,956.16 for the year 2017 after accounting for a 10% statutory surplus reserve[120]. - The cash dividend payout ratio for 2017 is 14.21% of the net profit attributable to ordinary shareholders, which was RMB 130,500,277.88[123]. Market and Business Environment - The overall macroeconomic environment showed signs of recovery, leading to increased market demand, but uncertainties remain that could affect performance[5]. - The company’s export business is significantly affected by exchange rate fluctuations, with the RMB appreciating during the reporting period, impacting international competitiveness[5]. - The company’s reliance on international markets makes it vulnerable to changes in export tax policies[5]. - The domestic market for anti-aging agents is expected to grow due to increasing demand from downstream industries like coatings, plastics, and rubber, positioning the company favorably in a long-term beneficial environment[103]. - The company faces risks related to raw material cost fluctuations, which significantly impact production costs due to high dependency on direct materials[4]. - The company is exposed to environmental and safety production risks due to the use of flammable and explosive chemical materials in its anti-aging agent production process[110]. Strategic Initiatives and Growth Plans - The company aims to become a globally recognized supplier of polymer material aging solutions, focusing on innovation-driven development[32]. - The company has established strong partnerships with global leaders in polymer materials, including BASF, DuPont, and LG Chem, enhancing its market position[30]. - The company aims to enhance its U-PACK product offerings and global customer collaboration capabilities to become a leader in the global anti-aging technology field[38]. - The company is focused on optimizing product structure and enhancing supply capabilities to address production capacity constraints[54]. - The company plans to accelerate the construction of a new R&D center and strengthen its innovation-driven development model[44]. - The company is actively investing in projects across its subsidiaries, including Li'anlong (Zhongwei) New Materials Co., Ltd. and Zhejiang Changshan Kerun New Materials Co., Ltd., to enhance production capacity[106]. Research and Development - The company has a robust R&D framework, collaborating with universities and research institutions to enhance its technological capabilities[32]. - Research and development expenses amounted to ¥53,040,872.03, representing 4.64% of total revenue, an increase from 4.22% the previous year[79]. - The company completed the development of five new products and twelve new processes for existing products during the year[75]. - The company plans to increase R&D investment to strengthen technological innovation and enhance competitive capabilities[152]. Risk Management - The company has implemented sufficient provisions for bad debts, but remains exposed to risks if major clients face financial difficulties[5]. - The company has implemented measures to manage accounts receivable risks, including performance assessments for sales personnel and legal actions for debt collection[112]. - The company is focused on enhancing its brand influence and customer relationships to effectively transfer the risks associated with raw material price fluctuations[109]. - The company is committed to refining its management systems to adapt to rapid growth and ensure compliance with safety and environmental regulations[107]. Environmental and Safety Compliance - The company emphasizes the importance of EHS (Environment, Health, and Safety) management, committing to improve safety and environmental standards as part of its sustainable development strategy[108]. - The company maintained compliance with environmental regulations, ensuring that wastewater and emissions met national standards, with no exceedances reported[187]. - The company reported no exceedance in emissions, with VOCs emissions totaling 34.28 tons and toluene and xylene combined emissions at 4.192 tons[184]. - The company’s pollution control facilities are operational and will see increased investment to ensure stable compliance with emission standards[186]. Shareholder and Dividend Policies - The company plans to distribute a cash dividend of RMB 1.03 per share, totaling RMB 18,540,000, based on a total share capital of 180,000,000 shares[120]. - The company has committed to strictly adhere to its profit distribution policies, including cash dividend policies, ensuring the sustainability of profit distribution decisions[125]. - The company will implement a stable cash dividend plan and improve the profit distribution system, particularly focusing on cash dividends[153]. - The company has established a commitment to maintain and develop its continuous profitability capabilities[127]. Acquisitions and Investments - The company acquired 70% of Zhejiang Changshan Kerun New Materials Co., Ltd. through equity transfer and capital increase, enhancing its production capacity in polymer material aging resistance agents[55]. - The company has committed to investing in high polymer materials and anti-aging agents, indicating a focus on expanding its product offerings in this sector[90]. - The company is undergoing significant investments for global expansion, impacting cash flow from investment activities[80]. Corporate Governance - The company emphasized the importance of independent decision-making and the legal responsibilities of its board of directors[132]. - The company will ensure that any unavoidable related party transactions comply with relevant laws and regulations[128]. - The company has made a long-term commitment to not harm the legal rights of its shareholders through related party transactions[128].

Financial Performance - Operating revenue for the reporting period reached CNY 310,195,030.83, a year-on-year increase of 47.97%[8] - Net profit attributable to shareholders was CNY 35,910,204.06, up 45.82% year-on-year[8] - Net profit after deducting non-recurring gains and losses was CNY 35,152,970.63, an increase of 43.75% year-on-year[8] - The company’s net profit increased by 37.62% to CNY 324,386,259.71, attributed to improved operational performance during the reporting period[17] - The net profit attributable to the parent company was CNY 93,392,334.79, up 27.2% from CNY 73,456,800.93 in the same period last year[44] - The total comprehensive income for the period was CNY 93,355,335.53, compared to CNY 74,097,800.04 in the same period last year, indicating a growth of 26.0%[44] Assets and Liabilities - Total assets increased by 48.99% to CNY 1,345,314,001.13 compared to the end of the previous year[8] - The total liabilities of the company amounted to CNY 449,694,372.27, up from CNY 398,389,643.23, indicating a rise of approximately 12.9%[28] - The company's total liabilities increased to ¥377,113,548.82 from ¥346,735,520.29, which is an increase of approximately 8.0%[32] - The company's total assets increased significantly, with fixed assets rising by 32.37% to CNY 289,982,858.87, due to the completion of investment projects[17] - As of September 30, 2017, the total assets of Tianjin Lianlong New Materials Co., Ltd. reached CNY 1,345,314,001.13, an increase from CNY 902,964,701.95 at the beginning of the period, reflecting a growth of approximately 48.9%[26] Cash Flow - Cash flow from operating activities increased significantly by 499.94% to CNY 23,331,641.28 year-to-date[8] - The company reported a net cash flow from operating activities of CNY 23,331,641.28, significantly higher than CNY 3,888,985.73 in the previous period[48] - The company's operating cash flow for the period was 38,858,475.45 yuan, compared to a negative cash flow of -6,857,370.02 yuan in the previous period, indicating a significant improvement[53] - Total cash and cash equivalents at the end of the period reached 348,940,442.26 yuan, up from 110,217,171.55 yuan at the beginning of the period, reflecting a net increase of 238,723,270.71 yuan[51][53] - The company received 284,700,000.00 yuan from investment activities, contributing to a net cash inflow from financing activities of 319,052,844.51 yuan[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,560[12] - The equity attributable to the owners of the parent company increased to CNY 869,591,584.01 from CNY 504,509,251.66, reflecting a growth of around 72.3%[29] Expenses - Financial expenses surged by 871.63% to CNY 7,972,719.76, primarily due to increased interest expenses from additional borrowings and foreign exchange losses from the depreciation of the US dollar[17] - The company incurred management expenses of CNY 55,573,148.01, which is an increase of 65.0% from CNY 33,621,236.11 in the previous period[43] - The company incurred sales expenses of ¥23,153,052.03, which is an increase from ¥12,282,590.34, reflecting a rise of about 88.5%[35] Investments and Subsidiaries - The company established a subsidiary in Zhuhai to invest in a polymer material anti-aging agent project, with a total investment of approximately CNY 2 billion, including CNY 1.2 billion in fixed assets[19] - The company acquired a 70% stake in Zhejiang Changshan Kerun New Materials Co., Ltd., enhancing its market supply capacity and product structure[18] Earnings Per Share - Basic earnings per share decreased by 27.08% to CNY 0.1995 compared to the same period last year[8] - Earnings per share (EPS) for the third quarter was reported at ¥0.1995, down from ¥0.2736 in the previous year[36] - The basic and diluted earnings per share were both CNY 0.5286, down from CNY 0.8162 in the previous period[44]

Financial Performance - Total revenue for the reporting period reached ¥560,753,680.95, an increase of 47.42% compared to ¥380,374,658.03 in the same period last year[21]. - Net profit attributable to shareholders was ¥57,482,130.73, up 17.72% from ¥48,830,122.47 year-on-year[21]. - Net profit after deducting non-recurring gains and losses was ¥56,476,441.64, reflecting a 20.79% increase from ¥46,757,287.76 in the previous year[21]. - Basic earnings per share decreased by 39.46% to ¥0.3285 from ¥0.5426 in the previous year[21]. - Total assets increased by 33.51% to ¥1,205,521,777.73 from ¥902,964,701.95 at the end of the previous year[22]. - Net assets attributable to shareholders rose by 63.56% to ¥825,168,928.06 from ¥504,509,251.66 at the end of the previous year[22]. - The company reported a total comprehensive income of CNY 57,707,457.63, compared to CNY 49,055,119.42 in the previous year, an increase of 17.5%[180]. - The company reported a total revenue of 2,141.7 million RMB for the first half of 2017, representing a 3.82% increase compared to the approved transaction amount of 6,500 million RMB[125]. Cash Flow and Investments - The net cash flow from operating activities was -¥13,629,370.13, a decline of 233.71% compared to ¥10,193,601.64 in the same period last year[21]. - Cash flow from financing activities increased by 668.46% to ¥251,718,855.76, primarily due to new share issuance[55]. - The company has temporarily invested CNY 150 million of its raised funds in financial products and CNY 30 million in seven-day notice deposits[66]. - The company reported a total cash inflow from financing activities of CNY 436,299,098.48, compared to CNY 176,928,012.39 in the previous year[188]. - The cash outflow for investing activities was CNY 38,277,068.99, which increased from CNY 22,315,567.15 in the same period last year[187]. - The total cash and cash equivalents at the end of the period reached 255,034,635.85 CNY, up from 90,309,890.62 CNY at the beginning of the period, showing a net increase of 178,793,739.00 CNY[191]. Market and Competition - The company faces significant competition in the polymer materials chemical additives industry, particularly from international giants like BASF, impacting product pricing and gross margins[4]. - The company has a high proportion of export business, making it vulnerable to exchange rate fluctuations and changes in national export tax rebate policies, which can negatively impact performance[6]. - The company is positioned as a leading player in the polymer material aging resistance additives industry in China and has significant influence globally[36]. - The company faces risks from intensified market competition, particularly from international giants like BASF, which may pressure product pricing and profit margins[80]. Research and Development - The company has established itself as a leader in the research and development of anti-aging agents for polymer materials, but risks of technology leakage and talent loss could adversely affect operations[6]. - The company specializes in providing polymer material aging resistance chemical additives, including antioxidants and light stabilizers, and has established partnerships with major global manufacturers such as BASF and DuPont[29]. - The company has a strong focus on R&D, employing a "self-research + cooperative research" model, and has been recognized as a technology center by the Tianjin government[32]. - R&D expenses for the first half of the year amounted to ¥24,460,556.41, an increase of 80.57% year-on-year[55]. - The company aims to enhance its innovation-driven development model by upgrading its R&D center and recruiting top talent globally[41]. Corporate Governance and Compliance - The company has introduced new governance structures and compliance measures post-IPO to enhance corporate governance[48]. - The company is committed to avoiding related party transactions that could harm the interests of its shareholders[93]. - The company will strictly adhere to laws and regulations regarding related party transactions, ensuring fairness and transparency[93]. - The company has established a long-term commitment to protect the rights and interests of minority investors[91]. - The company will ensure that any related party transactions are conducted under fair and reasonable conditions, adhering to normal commercial practices[98]. Environmental and Safety Measures - The company emphasizes the importance of environmental and safety measures in its production processes to mitigate risks associated with flammable chemical materials[5]. - The company is classified as a key pollutant discharge unit and has reported no exceedances in wastewater and air emissions during the reporting period[139][140]. - The company reported a wastewater discharge of 72,660 m³ with a COD emission of 67.60 tons, meeting the national discharge standards[141]. - The company plans to enhance its environmental management and investment to ensure stable compliance with pollutant discharge standards[141]. Future Outlook and Strategic Plans - The company has set a future outlook with a revenue target of 3 billion RMB for the full year 2017, which would require a 25% increase in the second half of the year[114]. - New product development includes the launch of two innovative materials expected to contribute an additional 200 million RMB in revenue by the end of 2017[113]. - The company plans to expand its market presence by entering three new international markets by Q4 2017, aiming for a 10% increase in overall market share[114]. - A strategic acquisition is in progress, targeting a company with an estimated valuation of 500 million RMB, which is expected to enhance the company's product portfolio and market reach[113]. - The company has committed to increasing R&D investment by 30% in 2017 to strengthen its competitive edge and innovation capabilities[113].