Financial Performance - The company's operating revenue for 2022 was ¥1,208,552,732.95, a decrease of 10.27% compared to ¥1,346,896,198.64 in 2021[24]. - The net profit attributable to shareholders was a loss of ¥2,774,483.15 in 2022, representing a decline of 101.54% from a profit of ¥179,971,838.62 in 2021[24]. - The cash flow from operating activities was ¥92,210,872.15, down 42.75% from ¥161,080,545.05 in the previous year[24]. - The total assets increased by 14.37% to ¥3,009,448,078.40 at the end of 2022, compared to ¥2,631,345,275.90 at the end of 2021[24]. - The company reported a basic earnings per share of -¥0.01 for 2022, a decrease of 102.17% from ¥0.46 in 2021[24]. - The company reported a net loss of ¥25,858,478.24 in Q4 2022, following a profit of ¥24,650,152.21 in Q1 2022[26]. - The total net profit attributable to shareholders for the first three quarters of 2022 was negative, indicating ongoing financial challenges[26]. - The company received government subsidies amounting to ¥5,874,393.99 in 2022, down from ¥9,205,406.06 in 2021[31]. Research and Development - The company maintained high R&D investment to respond quickly to customer needs and enhance innovation capabilities[6]. - The company has established R&D centers in Shanghai and Anshan, focusing on the development and production of environmentally friendly high-performance organic pigments and dyes[34]. - The company has a strong R&D capability with 90 patents, including 34 invention patents and 56 utility model patents, supported by a team of over a hundred professionals[85]. - R&D investment as a percentage of operating revenue increased to 7.53% in 2022 from 6.07% in 2021[116]. - The number of R&D personnel increased by 12.80% to 282, with the proportion of R&D personnel in the company rising to 14.56%[116]. Market Strategy and Expansion - The company plans to strengthen market expansion, particularly in international markets, to consolidate existing advantages and increase market share[7]. - The company aims to address the limitations of traditional organic pigments, such as heat resistance and environmental impact, by investing in high-performance alternatives[39]. - The company is focusing on expanding its market presence, with Mr. Qiao Zhi serving as Chief Marketing Officer and Vice General Manager, indicating a strategic push in international business[193]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[200]. Product Development and Innovation - The company is expanding its business into advanced organic new materials using ammonia oxidation technology, serving various industries including oil/gas extraction and 5G communications[34]. - The company focuses on developing new products and technologies to enhance its competitive edge in the organic pigment market[39]. - The company has developed high-performance organic pigments that are environmentally friendly, with applications in inks, plastics, and coatings, addressing increasing global environmental standards[89]. - New product development initiatives are underway, focusing on innovative materials technology[200]. Risk Management - The company has outlined potential risk factors and countermeasures in the annual report[8]. - The company’s operational capability remains strong, with no significant risks identified[7]. - Future development strategies and operational plans are subject to market conditions and uncertainties[7]. - The company has established a risk management framework for financial derivatives, including pre-trade risk assessments and regular reporting[132]. Corporate Governance - The company has established a complete and independent governance structure, ensuring no interference from the controlling shareholder in decision-making and operational activities[178]. - The board of directors consists of 8 members, including 3 independent directors, meeting legal and regulatory requirements[170]. - The company has a robust performance evaluation and incentive mechanism for directors and senior management, effectively aligning with its operational realities[173]. - The company ensures timely and accurate information disclosure, maintaining transparency with shareholders and investors[175]. Environmental Commitment - The company is committed to environmental protection and has implemented measures to reduce pollutant emissions in compliance with national standards[158]. - The company is committed to optimizing its product structure in line with national carbon reduction strategies, emphasizing the reduction of carbon emissions throughout its production processes[153]. - The board is committed to sustainable practices, with plans to reduce carbon emissions by 20% by 2026[200]. Operational Efficiency - The company aims to improve operational efficiency, targeting a 5% reduction in costs over the next year[200]. - The company is focusing on enhancing product quality and production management through automation upgrades in existing production lines[141]. - The company has implemented information technology upgrades across all key business areas to improve management efficiency and decision-making capabilities[141]. Financial Management - The company’s financing activities generated a net cash inflow of ¥299,340,708.81, reflecting a 1.66% increase compared to the previous year[120]. - The company has a dedicated audit department to regularly verify transaction processes and risk management practices[132]. - The company has maintained a focus on corporate governance, with independent directors ensuring compliance and ethical standards[194][196].

Financial Performance - The company's operating revenue for Q1 2023 was ¥263,577,712.77, a decrease of 18.45% compared to ¥323,190,536.41 in the same period last year[3]. - The net profit attributable to shareholders was a loss of ¥14,804,949.27, representing a decline of 160.06% from a profit of ¥24,650,152.21 in the previous year[3]. - Operating profit turned negative at -¥17,330,916.57 compared to a profit of ¥33,002,630.27 in the previous period[20]. - Net profit decreased significantly to -¥12,384,379.21 from ¥28,978,318.66, indicating a shift to a net loss[20]. - The total comprehensive income for the period was -¥12,405,950.76, a significant decline from ¥28,953,952.67 in the previous period[20]. - Basic and diluted earnings per share both decreased to -¥0.04 from ¥0.06 in the previous period[20]. Cash Flow and Operating Activities - The net cash flow from operating activities improved by 47.92%, amounting to -¥32,655,579.83 compared to -¥62,705,517.84 in the same period last year[3]. - Cash flow from operating activities showed a net outflow of -¥32,655,579.83, an improvement from -¥62,705,517.84 in the previous period[21]. - Cash and cash equivalents at the end of the period decreased to ¥398,229,857.01 from ¥506,534,378.62, reflecting a net decrease of ¥108,304,521.61[22]. Assets and Liabilities - Total assets at the end of Q1 2023 were ¥2,994,702,425.65, a slight decrease of 0.49% from ¥3,009,448,078.40 at the end of the previous year[4]. - The company's current assets decreased from CNY 1,308,624,163.59 to CNY 1,186,705,301.04, reflecting a reduction of approximately 9.3%[16]. - Total liabilities decreased from CNY 1,315,001,910.49 to CNY 1,266,430,504.53, a decline of approximately 3.7%[17]. - The company's equity attributable to shareholders decreased from CNY 1,587,490,214.36 to CNY 1,574,714,714.53, a decrease of about 0.8%[18]. - The total non-current assets increased from CNY 1,705,049,745.34 to CNY 1,807,997,124.61, reflecting an increase of about 6.0%[16]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 22,442, indicating a stable shareholder base[11]. Financial Expenses and Income - The company reported a financial expense of ¥9,740,767.18, an increase of 138.00% compared to ¥4,092,716.29 in the previous year, primarily due to increased interest expenses from long-term borrowings[10]. - The company reported an increase in financial expenses to ¥9,740,767.18 from ¥4,092,716.29, primarily due to higher interest expenses[19]. - The company recorded an investment income of ¥1,292,514.53, a recovery from a loss of -¥429,238.18 in the previous period[19]. Fair Value Changes - The company recognized a fair value change gain of ¥1,719,471.87, a significant improvement from a loss of -¥2,726,041.47 in the previous year, attributed to the recognition of fair value changes from specific investments[10]. Intangible Assets - The company’s intangible assets increased significantly by 63.46%, from ¥167,074,472.81 to ¥273,093,335.19, due to contributions from minority shareholders and increased land use rights[9]. Deferred Tax Assets and Liabilities - Deferred tax assets increased from $36.4 million on December 31, 2022, to $40.6 million on January 1, 2023, reflecting an increase of $4.23 million[24]. - Deferred tax liabilities rose from $17.3 million on December 31, 2022, to $21.5 million on January 1, 2023, indicating an increase of $4.23 million[24]. Audit Status - The first quarter report for 2023 was not audited[26].

证券代码：300758 证券简称：七彩化学 公告编号：2023-057 鞍山七彩化学股份有限公司 关于举办 2022 年度业绩说明会的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚 假记载、误导性陈述或者重大遗漏。 重要内容提示： 会议召开时间：2023 年 05 月 12 日（星期五）15:00-17:00 会议召开方式：网络互动方式 会议召开地点：价值在线（www.ir-online.cn） 会议问题征集：投资者可于 2023 年 05 月 12 日 前 访 问 网 址 （https://eseb.cn/14aqKuw5htu）或扫描下方小程序码，点击"进入会议"进行会前 提问，公司将通过本次业绩说明会上，在信息披露允许范围内就投资者普遍关注 的问题进行回答。 鞍山七彩化学股份有限公司（以下简称"公司"）已于 2023 年 4 月 26 日在 巨潮资讯网上披露了《2022 年年度报告全文》及《2022 年年度报告摘要》。为 便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2023 年 05 月 12 日（星期五）15:00-17:00 在"价值在线"（www ...

券代码：300758 证券简称：七彩化学 公告编号：2022-108 鞍山七彩化学股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在任何虚 假记载、误导性陈述或者重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季 度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □是 否 一、主要财务数据 公司是否需追溯调整或重述以前年度会计数据 □是 否 （二） 非经常性损益项目和金额 | 项 目 | 本报告期 | 本报告期比上年同 期增减 | 年初至报告期末 | 年初至报告 期末比上年 | | --- | --- | --- | --- | --- | | | | | | 同期增减 | | 营业收入（元） | 296,525,599.18 | -8.30% | 929,683,847.86 | -0.42% | | 归属于上市公司股东的净利润 | -2,59 ...

Financial Performance - The company's operating revenue for the reporting period was ¥633,158,248.68, representing a 3.75% increase compared to the same period last year[21]. - The net profit attributable to shareholders was ¥25,677,980.52, a decrease of 77.28% year-over-year[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥24,785,692.52, down 69.97% from the previous year[21]. - The net cash flow from operating activities was ¥19,864,322.16, a decline of 68.38% compared to the same period last year[21]. - The total assets at the end of the reporting period were ¥3,039,042,119.50, an increase of 15.49% from the end of the previous year[21]. - The net assets attributable to shareholders decreased by 6.44% to ¥1,606,646,237.44 compared to the end of the previous year[21]. - The company's revenue for the reporting period was approximately ¥633.16 million, representing a year-on-year increase of 3.75% compared to ¥610.27 million in the previous year[62]. - Operating costs increased by 12.30% to ¥458.81 million from ¥408.56 million, while management expenses surged by 101.40% to ¥62.86 million due to increased equity incentive costs and the consolidation of a subsidiary[63]. - Research and development investment rose by 28.63% to ¥44.53 million, reflecting the company's commitment to innovation and product development[63]. Corporate Governance - The board of directors, supervisors, and senior management confirmed the accuracy and completeness of the financial report[2]. - The company has implemented a comprehensive employee training system, including both internal and external training programs to enhance employee skills and professional development[141]. - The company adheres to strict governance practices to protect the rights of minority shareholders during shareholder meetings[140]. - The company has committed to maintaining compliance with relevant laws and regulations regarding stock issuance and shareholder rights[148]. - The company will ensure that its compensation system is linked to the execution of its return compensation measures[149]. Environmental Responsibility - The company is committed to environmental and social responsibilities as outlined in its report[41]. - The company has implemented an environmental management system in accordance with ISO 14001 standards, ensuring compliance with national and local environmental quality standards[60]. - The company emphasizes environmental protection and has implemented measures to reduce pollutant emissions, adhering to national environmental standards[105]. - The company has established a comprehensive environmental management system, ensuring compliance with national environmental laws and regulations[137]. - The company has implemented a third-party monitoring program for environmental parameters, including wastewater, air emissions, noise, soil, and groundwater[135]. Market Position and Strategy - The company is positioned in the organic pigment industry, which is expected to maintain steady growth, with China's production capacity reaching approximately 225,000 tons by 2022[30]. - The organic pigment consumption in China is projected to increase from 80,000 tons in 2017 to 83,700 tons by 2022, reflecting a compound annual growth rate of 4.60%[31]. - The company emphasizes "green development" and aims to consolidate market share by acquiring smaller firms, enhancing its competitive advantage in the organic pigment sector[35]. - The company has a strong competitive position in the high-performance organic pigment industry, particularly in the benzimidazolone series, due to continuous R&D investment and quality control[38]. - The company’s products are widely applicable across various fields, resulting in relatively weak cyclicality[39]. Investment and Financing - The company plans a total investment of 5.5 billion yuan, divided into three phases, with the first phase involving the purchase of 130 acres of land for production of 16,000 tons of isophthalonitrile and 4,000 tons of para-phenylenediamine annually[41]. - The company reported a significant decrease in investment amounting to 28,592,593.00, down 82.06% from the previous year's 159,407,407.00[77]. - The total amount of raised funds was 112,856.2 million, with 2,132.94 million invested during the reporting period[84]. - The company has committed RMB 26,491.81 million for working capital, with a utilization rate of 100.09%[90]. - The company has raised a total of RMB 59,253.12 million by issuing 49.38 million shares at RMB 12 per share, with a net amount of RMB 58,491.81 million after deducting fees[87]. Risk Management - The company faces challenges due to government pandemic control measures affecting production and logistics, leading to increased costs and reduced profits[29]. - The company has implemented various risk control measures for derivative trading, including pre-trade risk assessments and regular audits of trading processes[97][98]. - The company faces market risks due to potential fluctuations in raw material prices, which could increase operational costs and affect profitability[108]. - The company is actively monitoring the impact of the COVID-19 pandemic on its sales and has taken measures to ensure employee safety and maintain production stability[110]. Shareholder Engagement - The company actively engages with investors through various communication channels, ensuring transparency and protection of shareholder rights[139]. - The company held several shareholder meetings with participation rates ranging from 47.29% to 51.32% during the reporting period[114]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[117]. - The company has a profit distribution policy that emphasizes stable and sustainable returns to shareholders, with cash dividends prioritized[153]. Social Responsibility - The company donated a total of 2.08 million yuan for social welfare initiatives, including improving living facilities in nursing homes and scholarship programs[143]. - The company has implemented a series of welfare programs for employees, including health check-ups and cultural activities, to promote employee well-being[141]. - The company actively engages in social responsibility initiatives, including compliance with environmental policies and promoting sustainable development through technological innovation[144].

Dividend Distribution - The company plans to distribute a cash dividend of RMB 2.00 per 10 shares to all shareholders, based on a total share capital of 405,333,448 shares as of April 22, 2022[4]. - The company plans to distribute a cash dividend of RMB 2.00 per 10 shares, totaling RMB 81,066,689.60, which represents 100% of the total profit distribution amount[193]. - The total number of shares for the dividend distribution is based on 405,333,448 shares, excluding 4,903,922 shares in the repurchase account[193]. - The cash dividend policy aligns with the company's sustainable profitability and financial health, ensuring normal operations and long-term development[195]. - The company has established a transparent decision-making process for dividend distribution, ensuring the protection of minority shareholders' rights[192]. - The stock incentive plan includes a mechanism for adjusting the number of shares based on changes in total share capital before the dividend distribution date[194]. - The company’s independent directors have fulfilled their responsibilities in the decision-making process regarding the cash dividend policy[192]. Financial Performance - The company's operating revenue for 2021 was CNY 1,346,896,198.64, representing a 33.58% increase compared to CNY 1,008,303,495.18 in 2020[5]. - The net profit attributable to shareholders for 2021 was CNY 179,971,838.62, a 2.57% increase from CNY 175,456,345.20 in 2020[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 9.54% to CNY 153,034,582.24 in 2021 from CNY 169,176,481.36 in 2020[5]. - The net cash flow from operating activities increased by 72.44% to CNY 161,080,545.05 in 2021, compared to CNY 93,411,946.87 in 2020[5]. - The total assets at the end of 2021 were CNY 2,631,345,275.90, a 36.20% increase from CNY 1,932,006,921.00 at the end of 2020[5]. - The net assets attributable to shareholders at the end of 2021 were CNY 1,717,258,776.67, up 39.86% from CNY 1,227,864,246.16 at the end of 2020[5]. - The company reported a basic earnings per share of CNY 0.46 for 2021, down 14.81% from CNY 0.54 in 2020[5]. - The company's total operating revenue for 2021 reached ¥1,346,896,198.64, representing a year-on-year increase of 33.58% compared to ¥1,008,303,495.18 in 2020[69]. - The revenue from pigments accounted for 73.80% of total revenue in 2021, amounting to ¥994,075,265.38, with a year-on-year growth of 45.26%[69]. - The gross profit margin for the fine chemicals segment was 31.61%, with a decrease of 3.85% compared to the previous year[70]. Risk Management - The company emphasizes the importance of understanding the risks associated with future development strategies and operational plans, which are subject to market conditions and uncertainties[3]. - The company has detailed potential risk factors and countermeasures in the annual report, encouraging investors to pay attention to these aspects[3]. - The company is facing environmental risks due to its operations in the fine chemical industry, with potential penalties for failing to meet environmental standards, which could increase operational costs[125]. - Safety production risks are present due to the use of flammable and corrosive materials, despite the company's commitment to safety management and compliance with regulations[127]. - The company is exposed to market risks from fluctuations in raw material prices, which could increase operational costs and affect profitability[128]. - The ongoing global COVID-19 pandemic may impact the company's export business, prompting measures to ensure employee safety and maintain production stability[130]. Research and Development - The company has established R&D centers in Shanghai and Anshan, focusing on the development of high-performance organic pigments and dyes[26]. - The company is focusing on the development of new materials, including special nylon and polyimide, targeting industries such as automotive lightweighting and 5G communications[32]. - The company is actively involved in the replacement of lead-chromate pigments, with its high-performance organic pigments gaining traction in various industries[31]. - The company has made significant progress in R&D innovation, aligning with national carbon reduction strategies, and has applied for patents for some of the results[45]. - The company has developed a strong technological foundation in high-performance organic pigments and is actively applying for patents to protect its core technologies[129]. - The company has established a strong R&D team and has over 100 patented and non-patented technologies, enhancing its core competitiveness in the market[57]. - The company's R&D personnel increased from 207 in 2020 to 246 in 2021, representing an 18.84% growth[80]. - R&D expenditure amounted to ¥81,733,200.44 in 2021, which is 6.07% of operating revenue, up from 5.08% in 2020[80]. Strategic Initiatives - The company aims to strengthen industry integration and enhance technological innovation to transition from a pigment power to a pigment strong country[29]. - The company anticipates increased demand for organic pigments in the coatings and plastics sectors, driven by economic growth and rising living standards[28]. - The company completed a 29% equity acquisition in Shaoxing Shangyu Xinli Chemical Co., Ltd., increasing its ownership to 80%, enhancing its competitive advantage in the benzimidazolone pigment sector[41]. - The company acquired 65% of Jining Jintailihua Chemical Technology Co., Ltd., which has an annual production capacity of 15,000 tons for catalytic hydrogenation products[41]. - The company is expanding its product line and optimizing its business layout through strategic investments and partnerships[42]. - The company has completed the construction of a pilot line for special polyurethane products, achieving sales at the tonnage level with two companies in Germany and the USA[44]. - The company is actively exploring market opportunities to gradually release production capacity as demand increases[106]. - The company plans to focus on the development of new materials and the lead-free pigment replacement market, aiming to accelerate technology upgrades and market expansion[118]. - The company aims to become an international leader in high-performance organic pigments and new materials, leveraging its ammonia oxidation technology chain[117]. Governance and Management - The company has a clear and independent governance structure, ensuring no interference from controlling shareholders in its operations[147]. - The company emphasizes investor relations management, adhering to established principles and ensuring good interaction with investors[146]. - The company has a complete and independent personnel and compensation management system, with no overlap of financial personnel in other companies controlled by shareholders[149]. - The company has a dedicated audit committee that effectively fulfills its responsibilities during the reporting period[139]. - The company maintains an independent financial accounting department with a complete accounting system, ensuring independent financial decision-making[150]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[138]. - The company has established a comprehensive performance evaluation and incentive mechanism for directors and senior management, which is effective and aligns with the company's actual situation[141]. - The company has a stable management team with all current directors and supervisors being re-elected on June 30, 2021[160]. - The management team includes professionals with extensive experience in finance, engineering, and market operations, enhancing the company's operational capabilities[165][166]. Employee and Compensation - The company employed a total of 1,922 staff members, with 1,341 in the parent company and 581 in major subsidiaries[185]. - The company has established a comprehensive internal training system to enhance employee skills and overall management[188]. - The company has a well-defined compensation policy aimed at motivating employees based on performance and contributions[186]. - The total pre-tax remuneration for the chairman and general manager, Xu Huixiang, is 99.19 million CNY[176]. - The total pre-tax remuneration for the vice chairman and general manager, Wang Xianfeng, is 69.80 million CNY[176]. - The total pre-tax remuneration for the vice chairman, Qi Xuebo, is 52.85 million CNY[176]. - The total pre-tax remuneration for the director, Zhang Zhiqun, is 47.12 million CNY[176]. - The total pre-tax remuneration for the board secretary and vice general manager, Yu Xingchun, is 40.08 million CNY[176]. Investments and Acquisitions - The company completed a capital increase investment of ¥145,000,000 in Shangyu Xinli, acquiring a 29% stake, with an expected investment return of ¥26,265,994.19[95]. - A new establishment investment of ¥7,000,000 was made in Tiancai Materials, acquiring a 60% stake, with a reported loss of ¥1,086,661.34[95]. - The company acquired a 65% stake in Jining Jintailihua Chemical Technology Co., Ltd. for ¥195,000,000, with an investment return of ¥6,813,248.20[96]. - The total amount of significant equity investments during the reporting period was ¥347,000,000[96]. - The company has committed to using the raised funds for specific projects, with a total of ¥40,946.42 million directly invested in these projects in 2021[104]. - The company has an unused fundraising balance of 130.8976 million yuan as of December 31, 2021, all of which is stored in a dedicated fundraising account[108]. Operational Efficiency - The company is committed to enhancing its operational efficiency and cost control, achieving significant improvements in management and profitability[40]. - The company employs a "sales-driven production" strategy, adjusting production plans based on sales forecasts and existing orders[49]. - The company has successfully controlled the production of core intermediates, enhancing the quality stability of high-performance organic pigments and allowing for personalized product offerings[60]. - The direct materials cost accounted for 66.22% of the total operating costs, amounting to approximately 609.99 million, which is a 41.54% increase year-on-year[74]. - The company reported a 57.12% increase in sales expenses, totaling approximately 50.54 million, primarily due to higher employee compensation and stock incentive costs[78]. - Research and development expenses increased by 59.55% to approximately 81.73 million, driven by increased R&D investment and personnel costs[78]. Market Position and Sales Strategy - The company is positioned for future growth with a focus on expanding its product offerings and market reach through strategic initiatives[164]. - The company's export sales reached approximately 143.66 million, showing a year-on-year increase of 30.76%[72]. - The direct sales model generated approximately 624.30 million, reflecting a growth of 32.96% compared to the previous year[72]. - The sales volume in the fine chemicals sector increased by 64.70% to 13,580.73 tons, while production volume rose by 61.96% to 16,907.76 tons[72]. - The revenue from high-performance organic pigment products grew by 45.26%, contributing significantly to the increase in production and inventory levels[72]. - The company’s sales strategy includes direct sales to large chemical manufacturers and partnerships with overseas distributors for small and medium clients[52].

Financial Performance - The company's revenue for Q1 2022 was CNY 323,190,536.41, representing a 4.53% increase compared to CNY 309,185,826.66 in the same period last year[4] - Net profit attributable to shareholders decreased by 48.77% to CNY 24,650,152.21 from CNY 48,114,966.51 year-on-year[4] - Basic earnings per share dropped by 60.00% to CNY 0.06 from CNY 0.15 in the same period last year[4] - Total operating revenue for the current period reached ¥323,190,536.41, an increase of 4.9% compared to ¥309,185,826.66 in the previous period[25] - Net profit for the current period was ¥28,978,318.66, a decrease of 46.4% from ¥54,128,751.65 in the previous period[26] - Basic earnings per share for the current period was ¥0.06, down from ¥0.15 in the previous period, representing a 60.0% decrease[26] - The company reported a total comprehensive income of ¥28,953,952.67, down 46.4% from ¥54,128,751.65 in the previous period[26] Cash Flow - The net cash flow from operating activities was negative at CNY -62,705,517.84, a decline of 648.14% compared to CNY -8,381,549.27 in the previous year[4] - Operating cash inflow totaled $173.46 million, an increase of 6.3% from $162.22 million in the previous period[28] - Cash outflow from operating activities was $236.16 million, up 38.4% from $170.60 million in the previous period[28] - Net cash flow from operating activities was -$62.71 million, worsening from -$8.38 million in the previous period[28] - Cash inflow from investment activities was $58.47 thousand, a significant decrease from $11.46 million in the previous period[29] - Net cash flow from investment activities was -$44.35 million, compared to -$21.16 million in the previous period[29] - Cash inflow from financing activities was $188.41 million, an increase of 140.6% from $78.30 million in the previous period[29] - Net cash flow from financing activities was $87.65 million, up from $28.69 million in the previous period[29] - The ending cash and cash equivalents balance was $278.92 million, compared to $210.38 million in the previous period[29] - The company’s cash flow report for the first quarter was not audited[30] Assets and Liabilities - Total assets increased by 6.10% to CNY 2,791,741,644.71 from CNY 2,631,345,275.90 at the end of the previous year[4] - The company's total liabilities increased to ¥991,411,977.91, compared to ¥817,787,373.18 in the previous period, reflecting a growth of 21.2%[24] - Current liabilities totaled ¥826,025,672.52, up 12.0% from ¥737,589,876.87 in the previous period[24] - Long-term borrowings surged by 460.55% to CNY 105,890,313.06 from CNY 18,890,313.06, indicating increased funding needs[12] - Long-term borrowings rose significantly to ¥105,890,313.06 from ¥18,890,313.06, marking an increase of 460.0%[24] - The company's total equity decreased to ¥1,800,329,666.80 from ¥1,813,557,902.72, a decline of 0.9%[24] Expenses - Research and development expenses rose by 43.62% to CNY 21,253,940.48 compared to CNY 14,798,939.05 in the previous year[13] - Management expenses increased by 104.79% to CNY 28,598,221.31 from CNY 13,964,317.33 year-on-year[13] - Research and development expenses increased to ¥21,253,940.48, up 43.5% from ¥14,798,939.05 in the previous period[25] Inventory and Current Assets - The company reported a significant increase in inventory, with a 30.83% rise to CNY 435,950,382.82 from CNY 333,206,606.07 due to logistics disruptions caused by the pandemic[9] - Current assets rose to CNY 1,267,055,590.44 from CNY 1,132,098,744.31, indicating an increase of about 11.9%[22] - Inventory levels increased significantly to CNY 435,950,382.82 from CNY 333,206,606.07, representing a growth of approximately 30.9%[22] Shareholder Information - The company has a total of 163,534,040 shares under lock-up agreements, with 66,815,100 shares set to be released on May 20, 2024[19] - The top shareholder, Anshan Huifeng Investment Group Co., Ltd., holds 66,815,100 shares, representing a significant portion of the company's equity[19] - The company has implemented a stock incentive plan, with various executives holding restricted shares subject to lock-up periods[19] - The company reported a total of 132 individuals participating in the stock incentive plan, with a total of 5,893,050 shares under lock-up[19]

Financial Performance - The company's revenue for the third quarter reached ¥323,367,524.60, representing a year-on-year increase of 20.30%[3] - The net profit attributable to shareholders decreased by 11.18% to ¥36,929,119.65 for the third quarter[3] - The net profit after deducting non-recurring gains and losses was ¥36,317,868.76, down 7.21% compared to the same period last year[3] - Total operating revenue for the period reached ¥933,633,574.46, an increase of 34.5% compared to ¥694,183,997.72 in the previous period[24] - Net profit for the period was ¥165,542,068.81, representing a 20.6% increase from ¥137,234,541.00 in the previous period[25] - Total comprehensive income for the period reached ¥165,543,723.69, an increase from ¥137,234,541.00 in the previous period, representing a growth of approximately 20.6%[26] Assets and Liabilities - The total assets of the company increased by 39.22% to ¥2,689,664,952.50 compared to the end of the previous year[3] - Total assets reached ¥2,689,664,952.50, up from ¥1,932,006,921.00, indicating a growth of 39.1%[22] - Total liabilities increased to ¥922,157,904.90 from ¥590,774,653.40, a rise of 56.2%[21] - Total liabilities amounted to 590,774,653.40, a decrease of 27,077,411.60 compared to the previous figure of 617,852,065.00[33] - Current liabilities totaled 516,342,371.55, with a slight decrease of 3,632,842.01 from 519,975,213.56[33] - Non-current liabilities increased to 74,432,281.85, reflecting an increase of 23,444,569.59 from 97,876,851.44[33] Cash Flow - The cash flow from operating activities for the year-to-date period was ¥92,223,508.38, an increase of 116.30%[3] - Net cash flow from operating activities was ¥92,223,508.38, significantly up from ¥42,636,672.78, marking an increase of about 116.5%[29] - Cash inflow from sales of goods and services amounted to ¥555,832,419.90, compared to ¥455,837,600.82 in the prior period, reflecting a growth of approximately 21.9%[27] - The net cash flow from investing activities was -¥323,443,518.77, worsening from -¥207,621,650.02, indicating increased investment outflows[29] - Cash flow from financing activities generated a net inflow of ¥437,897,424.61, a substantial increase from ¥1,434,498.66 in the previous period[29] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,446[13] - The largest shareholder, Anshan Huifeng Investment Group Co., Ltd., holds 21.39% of shares, totaling 51,647,400 shares, with 24,330,420 shares pledged[13] - Xu Huixiang, a natural person, holds 15.43% of shares, totaling 37,260,145 shares, with 21,000,000 shares pledged[13] - The company has a total of 121,324,290 restricted shares at the beginning of the period, with 3,662,445 shares added during the period, resulting in a total of 124,986,735 restricted shares[17] - The company plans to unlock restricted shares according to the stock incentive plan requirements, with specific unlock dates for various shareholders[17] Research and Development - Research and development expenses rose by 67.21% to ¥54,404,907.87 compared to the previous year[10] - Research and development expenses for the period were ¥54,404,907.87, up from ¥32,536,973.06, reflecting a 67.1% increase[24] Other Financial Metrics - The basic earnings per share decreased by 31.82% to ¥0.15 for the third quarter[3] - Basic and diluted earnings per share improved to ¥0.71 from ¥0.69, representing an increase of approximately 2.9%[26] - The company's cash and cash equivalents increased to ¥429,216,856.85 from ¥246,818,077.82, reflecting a growth of 73.7%[20] - The cash and cash equivalents at the end of the period were ¥415,387,252.85, up from ¥235,177,663.13, indicating a rise of approximately 76.6%[29] - The company reported a significant increase in employee compensation payments, totaling ¥136,026,724.28, compared to ¥94,634,898.28 in the previous period, an increase of about 43.7%[29] Accounting Changes - The company has implemented new leasing standards affecting the financial statements, necessitating adjustments to the balance sheet[30] - The company reported a right-of-use asset of 27,077,411.60, recognized under the new leasing standards effective from January 1, 2021[35] - The amount classified as current non-current liabilities was adjusted to 15,132,842.01, an increase of 3,632,842.01 from the previous figure of 11,500,000.00[35] - The company’s lease liabilities were recorded at 23,444,569.59, reflecting the new accounting treatment[35] - The third quarter report was not audited, indicating a potential area for further scrutiny[36] - The company has made necessary adjustments to the prepaid rent based on the lease liabilities[34]

Financial Performance - The company's operating revenue for the current reporting period is ¥610,266,049.86, representing a 43.46% increase compared to ¥425,379,043.02 in the same period last year [19]. - The net profit attributable to shareholders for the current period is ¥112,997,313.83, up 23.22% from ¥91,701,335.01 year-on-year [19]. - The net profit after deducting non-recurring gains and losses decreased by 3.44% to ¥82,541,392.66 from ¥85,479,056.59 in the previous year [19]. - The net cash flow from operating activities increased by 68.68% to ¥62,824,692.81 from ¥37,244,990.54 year-on-year [19]. - Total assets at the end of the reporting period reached ¥2,416,177,127.94, a 25.06% increase from ¥1,932,006,921.00 at the end of the previous year [19]. - The net assets attributable to shareholders increased by 42.71% to ¥1,752,344,623.55 from ¥1,227,864,246.16 at the end of the previous year [19]. - The company's revenue for the reporting period reached ¥610,266,049.86, representing a year-on-year increase of 43.46% due to growth in sales volume and consolidation of non-controlling interests [51]. - Operating costs increased by 52.78% to ¥408,559,757.35, attributed to higher sales volume and consolidation of non-controlling interests [51]. - Research and development expenses rose by 71.35% to ¥34,619,714.51, reflecting increased investment in R&D and consolidation of non-controlling interests [51]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 5 RMB per 10 shares to all shareholders, based on a total of 237,199,655 shares [3]. - The company distributed a cash dividend of 5 yuan per 10 shares, totaling 118,599,827.50 yuan, which represents 100% of the total profit distribution [99]. - The company plans to increase its capital stock by 7 shares for every 10 shares held, based on a share base of 237,199,655 shares [99]. - The company will ensure that any compensation measures are linked to the performance of the company [127]. - The company will not transfer its shares in the event of a breach of commitments until corrective measures are implemented [130]. Risk Management - The company has outlined potential risk factors and countermeasures in the report [3]. - The company faces risks from fluctuations in raw material prices, which could lead to increased operational costs if prices rise [90]. - The company has established a risk management framework that includes regular audits and assessments of its derivative trading processes to ensure compliance and control [83]. - The company has implemented a foreign exchange hedging policy to mitigate currency risk, which is expected to reduce foreign exchange losses and control operational risks [83]. - The company has established a comprehensive safety management system to mitigate safety production risks due to the use of hazardous materials [89]. Environmental Management - The company has implemented an environmental management system in accordance with ISO 14001 standards, enhancing its competitiveness in international markets [48]. - The company has established a clear responsibility system for environmental protection, with designated personnel overseeing compliance and operational integrity of environmental facilities [116]. - The company has complied with all environmental regulations and has obtained necessary administrative permits for existing projects [111]. - The company has a total of 2,480.68 tons of hazardous waste disposed of by a qualified third party [104]. - The company has implemented a comprehensive waste gas treatment system, including a VOC recovery device with a capacity of 7,000 m³/h, which is also operating normally [105]. Corporate Governance - The company emphasizes that future development strategies and operational plans are subject to market conditions and uncertainties, and do not constitute a commitment to investors [3]. - The company has established multiple communication channels to ensure timely feedback from investors and protect their rights effectively [118]. - The company has a robust management team comprising industry experts and experienced professionals, contributing to its innovation and operational efficiency [44]. - The company has committed to timely rectification as required by the China Securities Regulatory Commission [130]. - The company has pledged to stabilize its stock price through various measures [130]. Research and Development - The company has increased its R&D investment to enhance core technological barriers, leading to a significant market share increase in high-performance organic pigments [34]. - The company has developed a strong competitive edge in high-performance organic pigments due to its extensive R&D, technology accumulation, and quality control, resulting in improved product stability and cost-effectiveness [38]. - The company has successfully developed core intermediates for high-performance organic pigments, allowing for effective control over the entire production chain and improved product quality [42]. - The company employs a "sales-driven production" strategy, adjusting production plans based on sales forecasts and actual orders [30]. - The company has established a comprehensive quality control department to ensure product quality and customer satisfaction through advanced testing equipment and tailored inspections [46]. Community Engagement - In the first half of the year, the company donated 230,000 yuan to local primary schools and an additional 100,000 yuan to the Shaoxing Charity Association, reflecting its commitment to social responsibility [121]. - The company has actively engaged in community support and social value creation, demonstrating its commitment to corporate social responsibility [122]. - The company is committed to enhancing its operational efficiency and reducing costs through technological improvements and process management [88]. - The company has committed to continuous improvement in environmental management, aiming to become an environmentally friendly and resource-saving enterprise [115]. - The company emphasizes customer rights protection by ensuring transparency in sales processes and maintaining a comprehensive after-sales service system to address customer complaints promptly [120].

Financial Performance - The company's revenue for Q1 2021 was ¥309,185,826.66, representing a 75.72% increase compared to ¥175,952,788.44 in the same period last year[6] - Net profit attributable to shareholders was ¥48,114,966.51, up 30.24% from ¥36,944,618.46 year-over-year[6] - The basic earnings per share increased to ¥0.25, a rise of 31.58% from ¥0.19 in the previous year[6] - Operating revenue for the current period was ¥309,185,826.66, compared to ¥175,952,788.44 in the previous period, showing a significant increase of approximately 75.5%[52] - The total profit for the current period was ¥60,966,858.47, compared to ¥42,320,319.96 in the previous period, reflecting an increase of approximately 44.1%[53] - The company achieved a net profit of ¥54,128,751.65, compared to ¥36,944,618.46 in the previous period, which is an increase of approximately 46.5%[54] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,120,300,202.58, marking a 9.75% increase from ¥1,932,006,921.00 at the end of the previous year[6] - Total liabilities increased to ¥724,939,183.33 from ¥590,774,653.40, marking a growth of around 22.7%[46] - Current liabilities rose to ¥638,678,522.20, compared to ¥516,342,371.55, indicating an increase of approximately 23.6%[46] - Non-current assets totaled ¥1,093,017,851.59, an increase from ¥1,000,967,334.31, reflecting a growth of about 9.2%[47] - Total owner's equity reached ¥1,395,361,019.25, up from ¥1,341,232,267.60, which is an increase of about 4.0%[47] Cash Flow - The net cash flow from operating activities improved significantly, with a net outflow of ¥8,381,549.27, a 78.01% reduction from a net outflow of ¥38,115,809.91 in the same period last year[6] - Operating cash inflow totaled CNY 162,217,868.78, up from CNY 84,289,075.61 in the previous period, representing a growth of 92.3%[61] - Cash received from sales of goods and services was ¥153,265,401.58, significantly higher than ¥78,735,213.99 in the previous period, indicating an increase of about 94.5%[60] - Cash outflow from investing activities was CNY 32,625,350.38, significantly reduced from CNY 188,547,394.69 in the prior period[62] - Cash inflow from borrowings was CNY 78,300,000.00, up from CNY 50,000,000.00, indicating increased financing activity[62] Expenses - Operating costs rose to ¥206,485,678.19, reflecting a 92.58% increase from ¥107,218,947.93, primarily due to sales growth and consolidation of non-similar controlled enterprises[18] - R&D expenses increased to ¥14,798,939.05, a rise of 77.77% from ¥8,324,685.99, attributed to increased personnel and salary expenses as well as consolidation of non-similar controlled enterprises[18] - Sales expenses rose to ¥13,253,065.56, a 67.53% increase from ¥7,911,066.06, mainly due to increased sales operational costs and consolidation[18] - The company experienced a 107.48% increase in taxes and additional charges, totaling ¥2,828,660.21, compared to ¥1,363,312.33 in the previous period, driven by sales growth and consolidation[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 15,319, with the top 10 shareholders holding a combined 49.63% of the shares[11] - The company received government subsidies amounting to ¥5,215,302.98 during the reporting period, contributing to its financial performance[8] Investment and Projects - The total amount of raised funds for the quarter was 54,364.39 million, with 1,963.55 million invested during this period[34] - Cumulative investment from raised funds reached 48,110.75 million, representing 18.39% of the total amount raised[34] - The project for high-performance clean catalytic aromatic nitrile series products has achieved an investment progress of 87.96% with 11,435.15 million invested out of 13,000 million committed[34] - The project for high-durability organic pigments and intermediates has reached an investment progress of 99.08% with 9,907.97 million invested out of 10,000 million committed[34] Operational Performance - The company maintained a stable operational performance, with a steady increase in market share for high-performance organic pigments, driven by rising demand[20] - The company is actively addressing environmental risks and has implemented measures to reduce pollution and comply with national standards[24] - The company has established a strict confidentiality system to protect its core technologies and mitigate the risk of technology loss[28] Miscellaneous - The company has not reported any significant changes in project feasibility or non-compliance with external guarantees during the reporting period[38][39] - There were no significant changes in the use of raised funds or any major deviations from planned investment progress[35] - The company has implemented new leasing standards starting from 2021, affecting prior comparative data[72] - The company has not audited its first-quarter report[73]