Huaxin New Material(300717)
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华信新材:关于举行2022年度网上业绩说明会的公告
2023-04-11 09:08
证券代码:300717 证券简称:华信新材 公告编号:2023-015 江苏华信新材料股份有限公司 出席本次年度业绩说明会的人员有:公司董事长、总经理李振斌先生、董事会秘书 束珺女士、财务总监杨希颖女士、独立董事刘涛先生。 为进一步做好中小投资者保护工作,增进投资者对公司的了解和认同,以提升公司 治理水平和企业整体价值,现就 2022 年度网上业绩说明会提前向投资者征集相关问题。 公司欢迎广大投资者于 2023 年 4 月 19 日(星期三)17:00 前,将您关注的问题通过电 子邮件的形式发送至公司邮箱(zqb@hxgs.com),公司将在 2022 年度业绩说明会上, 对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与。 特此公告。 江苏华信新材料股份有限公司 董事会 关于举行 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,不存在虚假记载、 误导性陈述或重大遗漏。 江苏华信新材料股份有限公司(以下简称"公司")2022 年年度报告全文及其摘要 于 2023 年 4 月 12 日在中国证监会指定的创业板信息披露网站巨潮资讯网 (http://www.cn ...
华信新材(300717) - 华信新材调研活动信息
2022-12-04 10:40
证券代码:300717 证券简称:华信新材 编号: 2020002 江苏华信新材料股份有限公司 投资者关系活动记录 | --- | --- | --- | --- | |-------------------------|--------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------| | | ☑ | 特定对象调研 □分析师会议 | | | 投资者关系活 | □ | 媒体采访 □业绩说明会 | | | 动类别 | | □新闻发布会 □路演活动 | | | | □ | 现场参观 □一对一沟通 | | | | □其他 ( ) | | | | 参与单位名称 ...
华信新材(300717) - 华信新材调研活动信息
2022-12-03 10:50
证券代码:300717 证券简称:华信新材 编号: 2019002 江苏华信新材料股份有限公司 投资者关系活动记录 投资者关系活 动类别 ☑特定对象调研 □分析师会议 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □一对一沟通 □其他 ( ) 参与单位名称 及人员姓名 海通证券 张翠翠 时间 2019 年 5 月 14 日 地点 公司会议室 上市公司接待 人员 董事、董事会秘书:束珺 来访者实地参观了公司的生产车间,了解公司的发 展历程。主要参观了年产 8000 吨智能卡基材项目生产 车间和年产 4000 吨功能性聚酯薄膜项目生产车间。 对公司经营发展方面的相关问题进行了交流,主要 内容如下: 1、公司基本情况介绍 公司成立于 1999 年 7 月,是国家"金卡工程"配 套企业、国家级高新技术企业、全国"第二代居民身份 证"全套材料指定生产企业,专业从事功能性塑料膜片 材料的研发、生产和销售,目前主要为国内外智能卡生 产企业及单位提供定制化的智能卡基材,同时为装饰装 潢 、 医 疗 卫 生 等 行 业 提 供 新 材 料 。 公 司 主 要 生 产 PETG、PVC、ABS、PC 及生物基材 ...
华信新材(300717) - 2018年4月4日投资者关系活动记录
2022-12-03 09:54
证券代码:300717 证券简称:华信新材 编号: 2018001 江苏华信新材料股份有限公司 投资者关系活动记录 投资者关系活 动类别 □特定对象调研 □分析师会议 □媒体采访 ■业绩说明会 □新闻发布会 □路演活动 □现场参观 □一对一沟通 □其他 ( ) 参与单位名称 及人员姓名 参与公司 2017 年度业绩网上说明会的投资者 时间 2018 年 4 月 4 日 15:00-17:00 地点 全 景 网 " 全 景 • 路 演 天 下 " 投 资 者 互 动 平 台 ( http://rs. p5w.net) (本次业绩说明会采用网络远程方式举行) 上市公司接待 人员 董事长、总经理:李振斌 董事、董事会秘书:束珺 独立董事:路国平 财务总监:李兰 保荐代表人:汪兵 与投资者进行互动交流和沟通,就投资者关注的主要问题进行了答复。 1、董秘,您好,请问一下贵司作为智能卡基材行业唯一上市公司并作为业 内生产规模最大产品档次最高的企业是否有望发展壮大成为智能卡基材行 业的独角兽企业?具体未来都有哪些方面的发展规划?对于国外市场的布 局如何? 回复:投资者您好,公司成立于 1999 年,是我国"金卡工程"配套企 ...
华信新材(300717) - 2018年5月11日投资者关系活动记录表
2022-12-03 09:54
证券代码:300717 证券简称:华信新材 编号: 2018002 江苏华信新材料股份有限公司 投资者关系活动记录 | --- | --- | --- | |-------------------------|-------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
华信新材(300717) - 2022 Q3 - 季度财报
2022-10-25 16:00
Financial Performance - The company's revenue for Q3 2022 was ¥82,713,993.73, representing an increase of 8.29% year-over-year, while the year-to-date revenue reached ¥249,036,787.03, up 16.51% compared to the same period last year[5] - Net profit attributable to shareholders for Q3 2022 was ¥15,861,596.91, a significant increase of 1,023.76% year-over-year, with a year-to-date net profit of ¥34,530,547.37, up 122.13%[5] - The basic earnings per share for Q3 2022 was ¥0.15, reflecting a remarkable increase of 971.43% year-over-year, while the diluted earnings per share also stood at ¥0.15[5] - Total operating revenue for Q3 2022 reached CNY 249,036,787.03, an increase of 16.5% compared to CNY 213,748,399.99 in the same period last year[24] - Operating profit for Q3 2022 was CNY 38,370,119.64, up from CNY 16,792,067.13 in Q3 2021, representing a growth of 128.5%[25] - Net profit for Q3 2022 was CNY 34,530,547.37, compared to CNY 15,545,152.66 in Q3 2021, marking an increase of 122.1%[26] - Basic and diluted earnings per share for Q3 2022 were both CNY 0.34, compared to CNY 0.15 in Q3 2021, representing an increase of 126.7%[26] Assets and Liabilities - The total assets as of September 30, 2022, amounted to ¥765,469,544.94, marking a 10.92% increase from the end of the previous year[5] - The company's total assets as of Q3 2022 amounted to CNY 765,469,544.94, up from CNY 690,106,246.94 at the end of the previous year, reflecting a growth of 10.9%[24] - Total liabilities increased to CNY 116,484,006.96 in Q3 2022 from CNY 75,471,076.68 in Q3 2021, indicating a rise of 54.3%[23] - The total equity attributable to shareholders of the parent company was CNY 648,985,537.98, up from CNY 614,635,170.26 in the previous year, reflecting a growth of 5.6%[24] Cash Flow - The company reported a net cash flow from operating activities of ¥70,660,524.96 for the year-to-date period, which is an increase of 179.42% compared to the same period last year[5] - The net cash flow from operating activities for the current period is CNY 70,660,524.96, a significant increase from CNY 25,288,671.98 in the previous period, representing a growth of approximately 179%[28] - Total cash inflow from operating activities amounted to CNY 246,357,302.16, compared to CNY 175,759,490.95 in the previous period, indicating an increase of about 40%[28] - Cash outflow from operating activities totaled CNY 175,696,777.20, up from CNY 150,470,818.97, reflecting an increase of approximately 17%[28] - The net cash flow from investment activities was negative at CNY -34,875,896.64, worsening from CNY -13,359,549.07 in the previous period[28] - Cash and cash equivalents at the end of the period reached CNY 165,697,598.69, an increase from CNY 115,385,520.81 in the previous period, representing a growth of about 43%[29] - The company’s total cash flow increased by CNY 46,978,054.99 during the period, compared to an increase of CNY 1,445,652.26 in the previous period[29] Research and Development - Research and development expenses for the year-to-date period were ¥10,099,912.77, representing a 43.01% increase compared to ¥7,062,462.07 in the previous year[10] - Research and development expenses for Q3 2022 were CNY 10,099,912.77, up from CNY 7,062,462.07 in Q3 2021, indicating a growth of 42.9%[25] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,607[12] - Jiangsu Huazhi Industrial Co., Ltd. holds 50.81% of the shares, totaling 52,224,000 shares[12] - Xu Zhou Huacheng Asset Management Partnership holds 6.28% of the shares, totaling 6,451,200 shares[12] - The company has a total of 921,600 restricted shares held by Li Zhenbin, which are subject to a lock-up period[15] - The first vesting period of the 2021 restricted stock incentive plan has been achieved, with 375,000 shares eligible for vesting[17] Inventory and Receivables - Inventory levels increased by 53.52% to ¥57,172,321.65, attributed to stockpiling due to lower raw material prices[9] - Accounts receivable decreased to ¥125,216,745.44 from ¥140,356,717.23, a decline of about 10.8%[21] - Inventory increased to ¥57,172,321.65 from ¥37,242,107.10, reflecting a growth of approximately 53.6%[21] - The company experienced a 587.64% increase in receivables financing, amounting to ¥16,089,270.64, primarily due to a reduction in receivables endorsement transfers[9] Tax and Expenses - The company reported a significant increase in tax expenses, with a year-to-date amount of ¥3,879,572.27, up 221.58% due to higher total profits[11] - The company paid CNY 29,431,370.89 to employees, which is an increase from CNY 26,739,807.06 in the previous period, reflecting a growth of about 10%[28] Investment Activities - The company’s cash flow from investing activities showed a decrease of 66.67% in cash received from investment recoveries, totaling ¥3,000,000.00, compared to ¥9,000,000.00 in the previous year[11] - The company reported a total cash inflow from investment activities of CNY 3,027,204.40, down from CNY 10,492,333.82 in the previous period, indicating a decline of approximately 71%[28]
华信新材(300717) - 2022 Q2 - 季度财报
2022-08-25 16:00
Financial Performance - The company reported a significant increase in revenue for the first half of 2022, with total revenue reaching RMB 500 million, representing a 25% year-over-year growth[3]. - The company's operating revenue for the first half of 2022 was CNY 160,773,247.72, an increase of 17.0% compared to CNY 137,366,077.08 in the same period of 2021[185]. - The company's operating revenue for the current reporting period is ¥166,322,793.30, representing a 21.08% increase compared to ¥137,366,077.08 in the same period last year[24]. - Net profit reached ¥18,668,950.46, with a year-on-year increase of 32.09%[67]. - The net profit for the first half of 2022 reached CNY 18,668,950.46, representing a growth of 32.0% from CNY 14,133,672.01 in the previous year[184]. - The total profit for the first half of 2022 was CNY 21,637,727.05, up from CNY 16,585,882.42 in the same period of 2021, indicating a growth of 30.5%[186]. - The net cash flow from operating activities has significantly increased by 260.70%, reaching ¥32,584,570.04 compared to ¥9,033,659.33 in the same period last year[24]. - The cash inflow from operating activities was CNY 142,269,274.27, compared to CNY 108,633,656.43 in the first half of 2021, an increase of 30.9%[188]. - The company's total liabilities as of June 30, 2022, were CNY 96,867,741.68, compared to CNY 76,105,576.68 at the beginning of the year, reflecting a 27.2% increase[179]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share in the region by 2025[3]. - The company is focusing on expanding its market presence in the high-end smart card and environmentally friendly decorative materials sectors, supported by national policies[31]. - The company aims to leverage the "dual circulation" strategy to promote the localization and upgrade of high-end card materials, aligning with national goals for carbon neutrality[34]. - The company is exploring strategic acquisitions to enhance its product portfolio and market reach, with a budget of RMB 200 million earmarked for potential deals[3]. Research and Development - The company has allocated RMB 50 million for research and development in advanced materials technology for the upcoming fiscal year[3]. - The company increased its R&D investment by 52.65%, totaling ¥6,445,550.24, to enhance product innovation[78]. - The company holds 66 authorized patents, including 31 invention patents, showcasing its strong R&D capabilities[69]. - The company has developed biodegradable materials that align with future market trends, enhancing product structure and competitiveness[57]. Product Development - New product development includes the launch of an eco-friendly material line, projected to contribute an additional RMB 100 million in revenue by the end of 2023[3]. - The upcoming launch of the "China Youth Health Growth Care Card" is expected to positively impact the company's operations, with all materials and technologies being domestically sourced[45]. - The company has developed green and personalized materials, which are becoming new growth points, including recycled materials and biodegradable options[44]. Risks and Challenges - Risks identified include fluctuations in raw material prices and potential impacts from currency exchange rates, which could affect profit margins[4]. - The company faces risks from fluctuations in raw material prices, which could impact profit margins if prices rise significantly again[100]. - The company exports to over 30 countries, and currency fluctuations pose a risk to profits, prompting the company to enhance its currency market research[101]. Shareholder and Governance - The company will not distribute cash dividends or issue bonus shares for this fiscal year, focusing on reinvestment for growth[5]. - The company has implemented a stable dividend policy to protect shareholder rights and ensure fair information disclosure[117]. - The company approved the vesting of 375,000 restricted stocks for 76 incentive recipients as part of its stock incentive plan, which was deemed successful in meeting the vesting conditions[110]. - The company held one annual general meeting and three board meetings during the reporting period, with a participation rate of 58.50% for the annual general meeting[106]. Environmental and Social Responsibility - The company has not faced any environmental penalties and adheres to international environmental standards, having passed the GRS certification[113]. - The company emphasizes social responsibility and compliance with laws, enhancing internal management and governance structures[116].
华信新材(300717) - 2022 Q1 - 季度财报
2022-04-27 16:00
Revenue and Profit - The company's revenue for Q1 2022 was ¥76,750,787.31, representing a 17.71% increase compared to ¥65,205,666.43 in the same period last year[5] - Net profit attributable to shareholders decreased by 51.08% to ¥4,516,840.79 from ¥9,232,351.91 year-on-year[5] - The total operating revenue for Q1 2022 was CNY 76,750,787.31, representing an increase of 17.5% compared to CNY 65,205,666.43 in the same period last year[23] - The operating profit for Q1 2022 was CNY 5,208,881.98, down 51.7% from CNY 10,791,944.15 in the previous year[24] - The basic and diluted earnings per share for Q1 2022 were both CNY 0.0441, compared to CNY 0.0902 in Q1 2021[25] Cash Flow and Assets - The net cash flow from operating activities improved significantly, reaching ¥13,303,614.74, a 330.34% increase from a negative cash flow of ¥5,775,670.48 in the previous year[5] - The cash and cash equivalents at the end of Q1 2022 amounted to CNY 119,159,590.93, an increase from CNY 109,732,784.89 at the end of Q1 2021[29] - The company's current assets totaled CNY 314,256,123.50, up from CNY 309,461,267.81 at the beginning of the year, indicating a growth of approximately 1.3%[19] - Total assets increased by 4.54% to ¥696,012,992.13 from ¥665,786,790.38 at the end of the previous year[6] Expenses and Liabilities - Total operating costs for Q1 2022 were CNY 71,470,568.59, up 29.7% from CNY 55,072,295.62 in Q1 2021[23] - Research and development expenses rose by 54.84% to ¥3,258,411.21, primarily due to increased depreciation of fixed assets[11] - The company reported a tax expense of CNY 732,041.19 for Q1 2022, down from CNY 1,615,592.24 in the same period last year[24] - The total liabilities as of the end of Q1 2022 were CNY 76,074,486.47, slightly up from CNY 75,471,076.68 at the end of Q1 2021[21] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,617[12] - The board of directors of Jiangsu Huaxin New Materials Co., Ltd. held a meeting on April 27, 2022, to discuss financial performance and strategic direction[31] Inventory and Receivables - Accounts receivable decreased to CNY 136,181,907.15 from CNY 140,356,717.23, representing a decline of about 3.1%[18] - Inventory increased significantly to CNY 45,148,418.53 from CNY 37,242,107.10, marking an increase of approximately 21.3%[19] - The company experienced a significant increase in contract liabilities, which rose by 46.02% to ¥6,598,582.37 due to an increase in advance payments[9]
华信新材(300717) - 2021 Q4 - 年度财报
2022-04-08 16:00
Financial Performance - The company's operating revenue for 2021 was ¥323,573,120.66, representing a 22.84% increase compared to ¥263,416,942.13 in 2020[19]. - The net profit attributable to shareholders for 2021 decreased by 42.20% to ¥20,965,433.02 from ¥36,270,192.39 in 2020[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,901,254.84, down 42.78% from ¥33,035,467.47 in 2020[19]. - The net cash flow from operating activities for 2021 was ¥35,729,801.25, a decrease of 40.90% compared to ¥60,461,213.65 in 2020[19]. - Basic and diluted earnings per share for 2021 were both ¥0.21, down 40.00% from ¥0.35 in 2020[19]. - The weighted average return on equity for 2021 was 3.46%, down from 6.13% in 2020[19]. - Total assets at the end of 2021 were ¥690,106,246.94, an increase of 3.47% from ¥666,971,952.31 at the end of 2020[20]. - The net assets attributable to shareholders at the end of 2021 were ¥614,635,170.26, up 2.32% from ¥600,678,908.64 at the end of 2020[20]. - The company achieved a revenue of 323.57 million yuan in 2021, with exports amounting to 63.49 million yuan, benefiting from a 13% export tax rebate policy[72]. - The company reported a total investment income of ¥377,677.73, accounting for 1.62% of total profit, primarily from dividends on other equity investments[103]. - The company reported a net profit of RMB 20,965,433.02 for the year 2021, with distributable profits available for shareholders totaling RMB 237,149,602.63[176]. Dividend Policy - The company reported a profit distribution plan, proposing a cash dividend of 0.50 RMB per 10 shares (before tax) based on a total of 102,400,000 shares[5]. - The total cash dividend amount for the current year was RMB 5,120,000, with no stock dividends or capital increases[174]. - The cash dividend per 10 shares is RMB 0.50 (including tax), based on a total share capital of 102.4 million shares as of December 31, 2021[176]. - The cash dividend distribution for the 2020 fiscal year was set at RMB 1.00 per 10 shares, totaling RMB 10.24 million distributed to shareholders[173]. - The company's cash dividend policy was executed transparently and in accordance with its articles of association, ensuring protection of minority shareholders' rights[174]. - The total cash dividend distributed amounts to RMB 5,120,000, which represents 100% of the total profit distribution[176]. Strategic Outlook and Development - The company has outlined its future development outlook, although specific numerical forecasts were not provided in the available content[5]. - The company is actively seeking partnerships and projects in the functional film industry to expand its market presence[30]. - The company is focusing on the development of high-end smart card materials in response to national policies promoting the smart card industry[31]. - The company aims to enhance its product structure and increase profitability through new product development and technological innovation[118]. - The company plans to deepen its focus on high-end card materials and expand into international markets in 2022[117]. - The company aims to achieve mass production of new products such as high-toughness PETG and anti-static PVC films, enhancing its product range and technological reserves[98]. - The company plans to accelerate the development of secondary entrepreneurship as a transformation opportunity[166]. Research and Development - The company has developed a range of card base materials, including PETG, PVC, ABS, PC, and biodegradable materials, to meet diverse market needs[54]. - The company has established a new R&D center to support innovation and product development[118]. - The company has over 20 years of experience in PETG processing technology, enhancing its competitive edge in the decorative materials market[36]. - The company's R&D investment in 2021 amounted to ¥12,741,560.57, representing 3.94% of its operating revenue, an increase from 3.11% in 2020[99]. - Research and development expenses increased by 55.62% to ¥12,741,560.57, driven by higher investment in R&D[97]. - The number of R&D personnel remained stable at 51 in 2021, with a slight increase in the proportion of R&D staff to 13.71% from 13.49% in 2020[99]. - The company has established long-term stable partnerships with leading enterprises and research institutions, ensuring its technology remains at the forefront of the industry[73]. Market and Industry Trends - The stable demand for second-generation resident ID cards significantly enhances the company's risk resistance and profitability, with a large market scale due to China's population[38]. - The promotion of the third-generation social security card is expected to stimulate demand for card replacements, expanding the market for the smart card industry[40]. - The trend of transforming various certificates into cards will drive demand for smart card substrates, with the company actively enhancing its R&D capabilities[41]. - The demand for personalized and eco-friendly materials is increasing, with the company obtaining GRS certification for its polymer recycling materials[42]. - The domestic demand for card materials is pushing the development of smart card substrates, aligning with national strategies for self-sufficiency and innovation[43]. - The smart card industry has seen rapid growth, particularly in sectors like social security, finance, and communication, indicating a vast market potential[37]. Governance and Compliance - The company has established a complete independent business system, ensuring no competition or unfair related transactions with the controlling shareholder[137]. - The company maintains an independent financial department with a complete financial accounting system, allowing for independent financial decision-making[140]. - The company has revised its governance documents to comply with the latest regulatory requirements, including the articles of association and internal reporting systems[128]. - The board consists of 9 members, including 3 independent directors, ensuring a balanced governance structure[132]. - The company has not identified any significant internal control deficiencies during the reporting period[185]. - The internal audit department operates independently, reporting to the audit committee and overseeing financial and significant matters[183]. - The company has maintained compliance with environmental regulations, with no administrative penalties reported during the reporting period[192]. Employee and Management Structure - The total number of employees at the end of the reporting period was 380, with 239 in production, 16 in sales, 51 in technology, 7 in finance, and 67 in administration[169]. - The company has a diverse management team with various educational backgrounds, including engineers and accountants[152]. - The company has maintained a stable core management team, which is crucial for driving innovation and responding to market demands[78]. - The company has been actively expanding its management team, with several members having long tenures since 1999[152]. - The company implemented a stock incentive plan for 77 middle management and technical personnel during the reporting period[170]. - The average remuneration for the senior management team is approximately 24.93 million yuan per person[158]. Social Responsibility - The company actively fulfills its social responsibilities and maintains communication with stakeholders to promote sustainable development[134]. - The company is committed to corporate social responsibility, complying with laws and regulations while supporting local economic development[200]. - The company strictly adheres to labor laws, ensuring employee rights and providing social insurance for medical, pension, unemployment, work injury, and maternity[196]. - The company has increased employee salaries and implemented equity incentives to enhance employee motivation and creativity amid challenges like the pandemic and rising raw material costs[196].
华信新材(300717) - 2021 Q3 - 季度财报
2021-10-26 16:00
Financial Performance - The company's revenue for Q3 2021 was ¥76,382,322.91, representing a 23.21% increase compared to the same period last year[3] - Net profit attributable to shareholders decreased by 80.42% to ¥1,411,480.65 in Q3 2021, and year-to-date net profit decreased by 39.85% to ¥15,545,152.66[3] - The basic earnings per share for Q3 2021 was ¥0.014, down 80.00% year-on-year[3] - The total operating revenue for the third quarter was CNY 213,748,399.99, an increase of 16.9% compared to CNY 182,784,022.58 in the same period last year[28] - The net profit for the quarter was CNY 15,545,152.66, a decrease of 39.9% from CNY 25,845,504.70 in the previous year[30] - The basic and diluted earnings per share were both CNY 0.15, down from CNY 0.25 in the same quarter last year[31] Assets and Liabilities - Total assets as of September 30, 2021, were ¥682,987,488.30, a 2.40% increase from the end of the previous year[4] - The company's total assets reached CNY 682,987,488.30, compared to CNY 666,971,952.31 at the end of the previous quarter, reflecting a growth of 2.4%[26] - The total liabilities increased to CNY 75,027,528.25, up from CNY 66,293,043.67, representing a rise of 13.2%[26] Cash Flow - The company reported a net cash flow from operating activities of ¥25,288,671.98 year-to-date, down 41.27% compared to the same period last year[3] - The net cash flow from operating activities for the current period is CNY 25,288,671.98, a decrease of 41.2% compared to CNY 43,055,937.01 in the previous period[33] - Total cash inflow from operating activities is CNY 175,759,490.95, up 9.9% from CNY 160,965,649.29 in the previous period[33] - Cash outflow from operating activities increased to CNY 150,470,818.97, compared to CNY 117,909,712.28 in the previous period, representing a 27.5% increase[33] - Cash flow from investment activities shows a net outflow of CNY 13,359,549.07, an improvement from a net outflow of CNY 54,554,054.11 in the previous period[34] - Cash and cash equivalents at the end of the period increased to CNY 115,385,520.81, compared to CNY 104,172,411.83 at the end of the previous period, reflecting a growth of 10.5%[34] Operating Costs and Expenses - The company’s operating costs increased by 33.94% to ¥173,752,043.80 for the first nine months of 2021, primarily due to increased transportation costs[10] - The total operating costs amounted to CNY 197,133,774.68, up 27.7% from CNY 154,286,528.96 year-on-year[29] - The company's financial expenses decreased by 94.08% to ¥52,045.21, mainly due to reduced foreign exchange losses[10] - Research and development expenses for the quarter were CNY 7,062,462.07, compared to CNY 6,131,220.72 in the same period last year, indicating an increase of 15.2%[29] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,647[14] - Jiangsu Huazhi Industrial Co., Ltd. holds 51.00% of shares, totaling 52,224,000 shares[15] - Xu Zhou Huacheng Asset Management Partnership holds 6.30% of shares, totaling 6,451,200 shares[15] - Li Zhenbin holds 1.20% of shares, totaling 1,228,800 shares, with 921,600 shares under lock-up[15] Other Information - The company established a wholly-owned subsidiary, Shanghai Yining Technology Co., Ltd., with a registered capital of ¥30 million on July 28, 2021[20] - The company plans to grant 1.28 million restricted stock options to 79 incentive targets, representing 1.25% of the total share capital[19] - The company implemented the 2020 profit distribution plan on June 25, 2021[18] - The company has no preferred shareholders as of the reporting period[16] - The company received government subsidies amounting to ¥1,474,158.77 year-to-date, a decrease compared to the previous year[6] - The company did not adjust the balance sheet for the new leasing standards as the previous year's leases were short-term[35] - The third-quarter report was not audited, indicating that the financial data may be subject to further review[36]