证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 编号：2021-004 | --- | --- | |---------------|-----------------------------------------------------------------------------------------------------------------------------------------| | | □特定对象调研 □ 分析师会议 | | 投资者关系 | 媒体采访 □ 业绩说明会 | | 活动类别 | 新闻发布会 □ 路演活动 | | | 现场参观 □ 一对多沟通 | | | 其他（电话会议） | | | 华安证券、方正证券、中银证券、东方财富证券、信达证券、农银汇理基金、 | | | 银华基金、银河基金、诺安基金、华安基金、中银基金、博时基金、广发基 | | | 金、东吴基金、富安达基金、东方基金、华夏基金、富国基金、国泰基金、 | | | 长信基金、招商基金、国泰基金、建信基金、鹏华基金、华富基金、华商基 金、华泰柏瑞基金、长盛基金管理、东海基金 ...

证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 编号：2021-006 | --- | --- | --- | |--------------------------|----------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 编号：2021-005 | --- | --- | |---------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 特定对象调研 □ 分析师会议 | | 投资者关系 | 媒体采访 □ 业绩说明会 | | 活动类别 | 新闻发布会 □ 路演活动 | | | 现场参观 一对多沟通 | | ...

证券代码：300655 证券简称：晶瑞电材 晶瑞电子材料股份有限公司 投资者关系活动记录表 编号：2022-004 | --- | --- | --- | --- | |--------------------------|--------------------------------------------------------------------|-------------|--------------------------------| | | 特定对象调研 | □ | 分析师会议 | | 投资者关 | 媒体采访 | □ | 业绩说明会 | | 系活动类 | 新闻发布会 | □ | 路演活动 | | 别 | 现场参观 | | □ 一对多沟通 | | | 其他 | | | | 参与单位 名称及人 员姓名 | 见附件清单 | | | | 时间 | 2022 年 8 月 26 日 | | | | 地点 | 公司控股子公司江苏阳恒化工有限公司会议室 | | | | | 公司董事兼副总经理胡建康； | | | | 上市公司 | 公司董事会秘书兼副总经理袁峥； | | | | 接待人员 | 江苏阳恒董事兼 ...

Revenue and Profit - Revenue for Q3 2022 was ¥394,919,678.05, a decrease of 11.42% compared to the previous quarter, while year-to-date revenue reached ¥1,337,680,744.71, an increase of 2.21% year-on-year[6]. - Net profit attributable to shareholders for Q3 2022 was ¥26,303,945.84, down 47.35% from the previous quarter, and year-to-date net profit was ¥109,113,591.90, a decrease of 33.92% year-on-year[6]. - The net profit excluding non-recurring gains and losses for Q3 2022 was ¥4,877,284.90, a significant drop of 87.55%, with year-to-date figures at ¥85,287,287.99, down 9.48% year-on-year[6]. - Basic earnings per share for Q3 2022 were ¥0.05, a decline of 66.67%, while diluted earnings per share were also ¥0.05, reflecting the same percentage decrease[6]. - Net profit attributable to the parent company was ¥109,113,591.90, down 33.9% from ¥165,123,879.35 in the previous period[42]. - The total comprehensive income for the current period was ¥108,087,508.38, down from ¥170,785,273.37 in the previous period, indicating a decline of 36.7%[42]. Assets and Liabilities - Total assets as of the end of Q3 2022 were ¥3,227,504,983.11, an increase of 10.36% compared to the end of the previous year[6]. - The company's total assets amounted to RMB 3.23 billion, an increase from RMB 2.92 billion at the beginning of the year[33]. - The company's total liabilities decreased to ¥1,218,817,155.15 from ¥1,240,570,585.85, reflecting a reduction of 1.8%[36]. - The company's non-current assets totaled RMB 1.93 billion, up from RMB 1.56 billion, marking an increase of approximately 23.7%[33]. Cash Flow - The company reported a net cash flow from operating activities of ¥221,720,609.94 for the year-to-date, an increase of 33.58% year-on-year[6]. - Net cash flow from operating activities increased by 33.58% to ¥221,720,609.94 compared to ¥165,987,213.56 in the same period last year, primarily due to accelerated sales collection[15]. - Operating cash inflow for the current period reached ¥927,889,072.08, an increase from ¥833,782,861.22 in the previous period, representing a growth of approximately 11.3%[43]. - Net cash flow from investment activities was -¥603,680,488.14, a 145.12% increase in losses compared to -¥246,282,098.86, due to heightened investment activities[18]. - Net cash flow from financing activities decreased by 44.88% to ¥264,790,911.49 from ¥480,359,975.03, primarily due to reduced financing amounts[18]. - The ending cash and cash equivalents balance was ¥432,399,449.06, down from ¥643,384,305.62, a decrease of about 32.7%[46]. Investments and Expenses - Research and development expenses for the year-to-date were ¥43,338,156.57, an increase of 37.74% compared to the same period last year, indicating a continued investment in innovation[14]. - The company reported a significant increase in long-term equity investments by 39.78%, reaching ¥177,391,943.60, attributed to increased external investments[11]. - Total cash inflow from investment activities surged by 780,318.54% to ¥207,825,456.50 from ¥26,630.00, mainly due to increased investment in financial products[15]. - Cash outflow from investment activities rose by 229.47% to ¥811,505,944.64 from ¥246,308,728.86, attributed to increased investments in financial assets[18]. - The company received tax refunds amounting to ¥34,710,014.50, compared to ¥11,830,818.86 in the previous period, marking an increase of approximately 194.5%[43]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 59,370, with the largest shareholder, New Silver International Limited, holding 16.60%[19]. - The company adjusted its second phase of the restricted stock incentive plan, increasing the number of shares from 3,591,299 to 6,061,371 and reducing the grant price from ¥13.44 to ¥7.90 per share[23]. - The total number of restricted shares at the beginning of the period was 63,449,920, with 32,024,184 shares released from restrictions during the period[22]. Corporate Actions - The company completed the acquisition of 100% equity in Weinan Meitru Technology Co., Ltd. for RMB 3.35 million, which will be used for a project with an annual production capacity of 20,000 tons of γ-butyrolactone and 100,000 tons of electronic-grade N-methylpyrrolidone[27]. - The company established a partnership fund in Shanghai with total contributions of RMB 31 million from its wholly-owned subsidiary and other partners, including RMB 31 million from Shan Feng Investment[28]. - The company terminated the investment in a project for the annual production of 54,000 tons of microelectronic materials due to local policy changes, resulting in the dissolution of its subsidiary Anhui Jingrui Microelectronics Materials Co., Ltd.[29]. Management Changes - The company appointed Yuan Zheng as the new Vice General Manager and Board Secretary on August 15, 2022[30].

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion CNY for the first half of 2022, representing a year-on-year growth of 25%[21]. - The company reported a revenue of RMB 300 million for the first half of 2022, representing a year-on-year increase of 15%[24]. - The company's operating revenue for the reporting period was ¥942,761,066.66, an increase of 9.25% compared to the same period last year[35]. - The company achieved total revenue of 942.76 million yuan in the first half of 2022, a year-on-year increase of 9.25%[91]. - The net profit attributable to shareholders was ¥82,809,646.06, a decrease of 28.09% year-over-year[35]. - The net profit after deducting non-recurring gains and losses was ¥80,410,003.09, representing a 46.06% increase compared to the previous year[35]. - The net cash flow from operating activities reached ¥154,584,361.53, a significant increase of 324.70% year-over-year[35]. - The gross margin for the first half of 2022 was reported at 35%, a slight increase from 32% in the same period last year[21]. - The gross profit margin for the first half of 2022 was 35%, compared to 30% in the same period last year[24]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[21]. - The company plans to expand its market share in the semiconductor materials sector, targeting a 20% market share by 2025[24]. - The company is actively pursuing strategic acquisitions to enhance its product offerings and market presence[24]. - The company has established partnerships with key players in the semiconductor industry to drive innovation and market growth[24]. - The company is focused on improving production efficiency and quality to offset rising costs associated with fixed asset depreciation[187]. Research and Development - The company is investing 150 million CNY in R&D for advanced electronic materials, aiming to maintain technological leadership[21]. - Research and development expenses increased by 25% year-on-year, amounting to RMB 50 million in the first half of 2022[24]. - The company is focusing on the development of new lithium battery materials, with a projected launch of new products in Q4 2022[24]. - The company has invested 29.84 million yuan in R&D during the first half of 2022, holding a total of 90 patents, including 51 invention patents[95]. - The company has made progress in the R&D of KrF photoresist and the Meishan photoresist project, which are key areas of focus[195]. Product Development and Innovation - New product development includes the launch of a next-generation photolithography material, expected to contribute an additional 300 million CNY in revenue by the end of 2022[21]. - The company has developed various types of photoresists, including i-line and KrF photoresists, with KrF production and testing lines nearing completion and ArF photoresist R&D initiated[57]. - The company’s SBR lithium battery binder has unique advantages such as low internal resistance and excellent cycling performance, catering to specific customer needs[61]. - The company’s high-purity electronic chemicals have reached international standards, with main products achieving the highest purity level (SEMI G5), establishing it as one of the few global leaders in this field[76]. - The company has achieved significant breakthroughs in PAA development, addressing issues such as high adhesion, low moisture, and high-temperature resistance, with mass production and customer orders already secured[63]. Risks and Challenges - The company has identified risks including raw material price fluctuations, which could impact profit margins if not managed effectively[21]. - The company faces risks from market demand fluctuations and competition in the microelectronics chemicals industry, which could impact revenue and profits[170]. - The company is at risk of bad debts from accounts receivable if clients in the semiconductor and battery manufacturing sectors face financial difficulties[179]. - The COVID-19 pandemic has led to strict control measures, significantly affecting transportation and potentially impacting raw material supply and product sales, which may adversely affect future profitability[191]. - The company faces safety risks in the production of hazardous chemicals, which could negatively impact operations if accidents occur[174]. Financial Management and Investments - The company has not sold any significant assets during the reporting period, indicating stability in its asset management[161]. - The company has invested 91.32 million RMB in significant non-equity investments, with a cumulative actual investment of 3,797.20 million RMB[124]. - The total amount of raised funds is 1,229.38 million RMB, with 134.80 million RMB invested during the reporting period[130]. - The company has incurred CNY 1,250.19 million in restructuring-related expenses, achieving an investment progress of 100%[139]. - The company has allocated 4,500 million of remaining funds to support the "1,200 tons of key electronic materials for integrated circuits" project[146]. Subsidiary Performance - Major subsidiaries include Suzhou Ruihong, which reported a net profit of 23,878,415.37 CNY, and Jiangsu Yangheng, which reported a net profit of 7,190,302.56 CNY[164]. - The company’s subsidiary, Ruihong Lithium Battery, reported a net loss of 1,021,249.67 CNY, indicating challenges in its operations[168]. - The company’s subsidiary, Meishan Jingrui, also reported a net loss of 6,172,243.64 CNY, reflecting difficulties in the electronic materials market[168]. - The company’s subsidiary, Jingrui New Energy, achieved a net profit of 46,024,050.85 CNY, contributing positively to the overall financial performance[169]. Corporate Governance and Shareholder Engagement - The first temporary shareholders' meeting in 2022 had an investor participation rate of 28.15%[200]. - The annual shareholders' meeting in 2021 had an investor participation rate of 25.86%[200]. - The company has undergone changes in its board of directors, with new appointments including a new chairman and several directors as of March 28, 2022[200].

Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 1.00 yuan (including tax) for every 10 shares based on a total of 340,638,672 shares, with no bonus shares issued[7]. Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2021, representing a year-over-year growth of 15%[21]. - The gross profit margin improved to 35%, up from 30% in the previous year, indicating better cost management and pricing strategies[21]. - The company's operating revenue for 2021 was ¥1,832,087,602.85, representing a 79.21% increase compared to ¥1,022,332,455.74 in 2020[34]. - The net profit attributable to shareholders for 2021 was ¥200,996,573.60, a significant increase of 161.20% from ¥76,950,097.76 in 2020[34]. - The net cash flow from operating activities for 2021 was ¥167,022,219.98, an increase of 161.86% compared to ¥63,782,672.24 in 2020[37]. - The total assets at the end of 2021 were ¥2,924,628,198.60, reflecting a 40.37% increase from ¥2,083,465,850.60 at the end of 2020[37]. - The net assets attributable to shareholders at the end of 2021 were ¥1,606,729,586.96, a 22.25% increase from ¥1,314,263,604.16 at the end of 2020[37]. - The basic earnings per share for 2021 were ¥0.59, up 145.83% from ¥0.24 in 2020[37]. - The diluted earnings per share for 2021 were also ¥0.59, reflecting a 145.83% increase from ¥0.24 in 2020[37]. - The company reported a total of ¥86,445,720.55 in non-recurring gains for 2021, compared to ¥32,821,775.04 in 2020[44]. - The weighted average return on net assets for 2021 was 13.99%, an increase from 7.04% in 2020[37]. Market and Growth Strategy - The company is focused on expanding its market presence and enhancing its product offerings through new technology development[7]. - The company has outlined future plans and strategies in its management discussion and analysis section, highlighting growth opportunities[7]. - The company has set a revenue target of RMB 1.5 billion for 2022, which reflects a growth expectation of 25%[21]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market penetration by 2023[21]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 30% and reduce operational costs[21]. Research and Development - Research and development expenses increased by 18%, totaling RMB 150 million, to support innovation in electronic chemical materials[21]. - The company has invested significantly in R&D for advanced photoresists, acquiring additional lithography machines to support its development efforts[55]. - The company has initiated R&D for high-end ArF photoresists and has completed pilot testing for high-end KrF photoresists, which are currently in customer testing phases[69]. - The company is developing a high-end photoresist for 28nm node ArF immersion lithography, which aims to enhance technical capabilities and increase sales[174]. - The company has increased its R&D investment to address the domestic demand for photoresists, aiming to reduce reliance on imports[174]. Production and Capacity - The company has established a significant production capacity for semiconductor-grade high-purity sulfuric acid, with a first-phase production line of 30,000 tons successfully launched, achieving G5 grade quality[59]. - The company is actively constructing a second-phase project for semiconductor-grade high-purity sulfuric acid with a capacity of 60,000 tons, expected to be completed in the first half of 2023[59]. - The production capacity utilization rate for photoresists and supporting materials reached 139.15%[115]. - The production capacity for ultra-pure chemicals is 48,700 tons/year with a utilization rate of 108.66%[115]. - The company is focused on expanding its production capabilities in various chemical parks, including ultra-pure chemicals and lithium battery materials[118]. Customer Base and Market Position - The company has a stable customer base, including major clients in the semiconductor industry such as SMIC and Changjiang Storage, and in the lithium battery sector like CATL and BYD[53]. - The company has formed strategic partnerships with major semiconductor clients, including SMIC and Huahong Grace, enhancing its market position[133]. - The company has established long-term stable partnerships with leading companies in the lithium battery sector, enhancing its market position[146]. Sustainability and Environmental Impact - The company has initiated a sustainability program aimed at reducing carbon emissions by 25% over the next five years[21]. - The company has received environmental impact approval for its high-end photoresist R&D project in April 2021[118]. - The company has a strong commitment to sustainable practices, as evidenced by its various environmental permits and licenses[119]. Risks and Challenges - The company faces various risks including market demand fluctuations, competition, safety production, and raw material price volatility[7]. - The company emphasizes the importance of maintaining advanced technology and preventing core technology leakage as a key risk factor[7]. - The company has committed to maintaining a strong risk awareness among investors regarding its future plans and projections[6]. Intellectual Property - The company has a total of 88 patents, showcasing its strong focus on intellectual property and innovation[125]. - The company has 44 patented technologies related to photoresists, enhancing its R&D and market position[112].

Financial Performance - The company's revenue for Q1 2022 was ¥450,508,527.58, representing an increase of 11.91% compared to ¥402,569,609.05 in the same period last year[5] - Net profit attributable to shareholders was ¥31,968,364.05, up 38.81% from ¥23,030,250.85 year-on-year[5] - Basic earnings per share rose to ¥0.09, a 28.57% increase from ¥0.07 in the same period last year[5] - The net cash flow from operating activities increased by 159.17%, reaching ¥56,937,551.08 compared to ¥21,969,488.68 in the previous year[5] - The company reported a significant increase in operating profit, which rose to 38,687,076.25 from 29,021,575.24, marking an increase of around 33.4%[44] - The total comprehensive income for the current period is 33,009,335.30, compared to 25,092,507.13 in the previous period, reflecting an increase of about 31.2%[44] Assets and Liabilities - Total assets at the end of Q1 2022 were ¥3,099,001,617.99, a 5.96% increase from ¥2,924,628,198.60 at the end of the previous year[7] - The total current assets at the end of the period were CNY 1,439,779,283.89, an increase from CNY 1,360,901,744.79 at the beginning of the year[31] - The total liabilities decreased to CNY 1,142,785,359.39 from CNY 1,240,570,585.85, a reduction of 7.88%[37] - The equity attributable to shareholders of the parent company increased to CNY 1,877,604,631.04 from CNY 1,606,729,586.96, reflecting a growth of 16.83%[36] Cash and Cash Equivalents - Cash and cash equivalents increased by 54.07% to ¥103,756,076.10, driven by fundraising activities[13] - The cash and cash equivalents at the end of the period were CNY 705,985,301.82, up from CNY 585,319,672.45 at the beginning of the year, representing an increase of 20.53%[31] - The company’s cash and cash equivalents at the end of the period totaled 650,941,173.73, up from 310,632,188.70, representing a growth of approximately 109.5%[48] Research and Development - The company's R&D expenses increased by 44.00% to ¥14,482,325.13 from ¥10,057,174.24 in the previous year, indicating a continued focus on innovation[13] - Research and development expenses increased to 14,482,325.13 from 10,057,174.24, reflecting a rise of approximately 43.5%[44] Shareholder Information - The top ten unrestricted shareholders hold a total of 100,000,000 shares, with the largest shareholder holding 57,567,725 shares[17] - The company issued 5,810,032 shares to specific investors, which were listed on February 7, 2022[24] - The company’s stock issuance to specific investors is subject to a six-month lock-up period[24] - The company’s stock incentive plan has specific conditions for vesting, which have been met for the first batch of shares[21] - The company has not disclosed any related party relationships among the top shareholders[17] Financial Expenses and Income - The company experienced a 66.99% increase in taxes and surcharges, totaling ¥2,469,734.59, primarily due to increased revenue[9] - The company’s financial expenses increased to 4,543,703.94 from 3,793,662.33, which is an increase of approximately 19.7%[44] - The company raised 244,024,355.84 in cash from investment activities, indicating a strong capital inflow compared to the previous period[48] Stock and Incentive Plans - The company completed the first batch of the second phase of the restricted stock incentive plan, with shares listed on March 24, 2022[21] - The company announced the resignation of its financial director and board secretary, which led to the cancellation of 770,060 shares from the incentive plan[23] - The company approved a comprehensive credit limit application and provided collateral guarantees during the board meeting on March 10, 2022[26] - The company’s board and supervisory board underwent a re-election process, with new members appointed on March 28, 2022[25]

Financial Performance - The company's revenue for Q3 2021 reached ¥445,813,749.80, representing a 56.23% increase year-over-year[4] - Net profit attributable to shareholders was ¥49,959,873.51, up 30.54% compared to the same period last year[4] - The net profit after deducting non-recurring gains and losses was ¥39,164,747.51, showing a significant increase of 146.19% year-over-year[4] - Basic earnings per share for Q3 2021 were ¥0.1469, a 20.31% increase from the previous year[4] - Operating revenue for the first three quarters of 2021 reached ¥1,308,772,837.27, an increase of 83.31% compared to ¥713,961,038.83 in the same period of 2020[12] - The company reported a significant increase in gross profit, with operating profit rising to ¥210,165,183.76, up 171.15% from ¥77,508,387.74 in the previous year[12] - Net profit for the current period was ¥170,785,273.37, compared to ¥65,970,395.75 in the previous period, reflecting an increase of approximately 158.5%[46] - The basic earnings per share for the current period was ¥0.4860, compared to ¥0.1950 in the previous period, showing an increase of about 148.2%[46] Cash Flow and Liquidity - The operating cash flow for the year-to-date period reached ¥165,987,213.56, reflecting a remarkable increase of 2,791.87%[4] - Net cash flow from operating activities increased by 2,791.87% to ¥165,987,213.56 from ¥5,739,781.31 year-on-year[15] - Cash and cash equivalents increased significantly to CNY 681.34 million from CNY 293.76 million, marking a growth of approximately 132.5%[33] - The cash and cash equivalents at the end of the period totaled $643.38 million, significantly higher than $258.59 million at the end of the previous period, representing an increase of approximately 148.5%[53] Assets and Liabilities - Total assets as of September 30, 2021, amounted to ¥2,864,695,734.94, a 37.50% increase from the end of the previous year[6] - The company's total liabilities increased to CNY 1.23 billion from CNY 697.30 million, which is an increase of approximately 76.4%[39] - The total amount of short-term borrowings increased by 32.70% to ¥210,844,782.12, compared to ¥158,893,937.48 in the previous period[12] - The company’s long-term investments increased to CNY 126.72 million from CNY 54.72 million, showing a growth of approximately 131.1%[36] Shareholder Information - The major shareholders, Li Hulin and Xu Ping, hold a combined 10.87% of the company's shares as acting in concert[20] - The company has a total of 21,150,211 restricted shares held by Li Hulin, with no shares released during the period[20] - Xu Ping holds 15,864,509 restricted shares, with no shares released during the period[20] - The company has completed the repurchase and cancellation of 36,561 restricted shares due to performance assessment failures[30] Government Support and Investments - The company received government subsidies totaling ¥9,150,715.63 for the year-to-date period, contributing to its financial performance[7] - The company has seen a substantial increase in long-term equity investments, which reached ¥126,716,124.08, a 131.58% increase year-over-year[9] Future Plans and Strategic Initiatives - The company plans to release 25% of the restricted shares after the expiration of the lock-up period for executives[30] - The company plans to continue expanding its market presence and developing new products and technologies as part of its strategic initiatives[35] - The company has plans for further market expansion and product development as indicated in the quarterly report[29] Audit and Compliance - The third quarter report was not audited, which may affect the reliability of the financial data presented[57]

Financial Performance - The company reported a total revenue of 500 million CNY for the first half of 2021, representing a year-on-year increase of 20%[4] - The company's operating revenue for the reporting period reached ¥862,959,087.47, representing a 101.34% increase compared to the same period last year[33] - Net profit attributable to shareholders was ¥115,164,005.84, a significant increase of 467.24% year-over-year[33] - The net profit after deducting non-recurring gains and losses was ¥55,054,211.91, reflecting a 270.77% increase compared to the previous year[33] - Basic earnings per share increased to ¥0.3391, up 409.16% from ¥0.0666 in the previous year[33] - The company achieved total revenue of 862.96 million yuan, a year-on-year increase of 101.34%[86] - Operating profit increased by 440.45% to ¥148,220,032.62, driven by higher revenue and changes in the fair value of new financial assets[102] - The company reported a net profit of 54.49 million yuan from the acquisition of Suzhou Ruizhi, contributing positively to the overall profit for the reporting period[164] Market and Growth Outlook - Future outlook includes a projected revenue growth of 25% for the second half of 2021, driven by market expansion strategies[4] - The company aims to expand its market share in the lithium battery materials sector, targeting a 10% increase by the end of 2021[4] - The semiconductor and new energy vehicle industries are expected to see sustained growth, with the semiconductor market driven by applications in smartphones, automotive electronics, and AI[69] - The market for wet electronic chemicals in China is projected to grow at an annual rate of over 15%, reaching 59.5 million tons by 2022[84] Research and Development - The company plans to invest 100 million CNY in R&D for new product development in the next fiscal year[4] - R&D investment increased by 24.81% to ¥19,473,301.43, reflecting the company's commitment to innovation and product development[102] - The company is actively developing ArF (193nm) photoresists to meet the needs of the integrated circuit industry, with equipment purchases underway[78] - The company has initiated the development of high-end ArF photoresists to meet industry demands and has increased investment in equipment and talent[47] Product and Technology Development - The company specializes in microelectronics materials, focusing on semiconductor and new energy materials, with key products including photoresists and high-purity reagents[46] - The company has been producing photoresists for nearly 30 years, with leading technology and sales in the domestic market[47] - The company has developed ultra-pure reagents that meet SEMI G5 standards, breaking foreign technology monopolies and achieving domestic substitution[79] - The company produces 300,000 tons of high-quality industrial sulfuric acid annually, with a project to produce 90,000 tons of semiconductor-grade high-purity sulfuric acid underway, optimizing product structure[59] Financial Management and Investments - The company has not reported any discrepancies between international and Chinese accounting standards for the reporting period[37] - The company completed the acquisition of Jingzhirui (Suzhou) Microelectronics Technology Co., Ltd. for ¥34,999,700.00, holding a 100% stake[121] - The total amount of raised funds was ¥480,512,000.00, with ¥42,047,900.00 cumulatively invested from the raised funds[130] - The company has established special accounts for the management of raised funds with two banks, ensuring strict approval procedures for fund usage[136] Risk Management - The management highlighted risks related to supply chain disruptions and raw material price fluctuations[4] - The company is exposed to market demand fluctuations and competition risks, particularly in the semiconductor and new energy sectors, which could affect revenue and profit[169] - The company is implementing strict cost management to mitigate risks associated with raw material price fluctuations[175] - The company is closely monitoring exchange rate fluctuations to mitigate risks associated with its overseas business operations[185] Corporate Governance - The company held its first extraordinary general meeting of shareholders in 2021 with a participation ratio of 36.46% on March 18, 2021[198] - The annual general meeting for 2020 had a participation ratio of 32.72% and was held on April 20, 2021[198] - The company elected three new independent directors on June 29, 2021, including Li Ming, Zhou Qingfeng, and Chen Wanpeng[199] - Director Su Gang resigned for personal reasons on June 14, 2021[199]