证券代码：300821 证券简称：东岳硅材 山东东岳有机硅材料股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |----------------|----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | □特定对象调研 □分析师会议 | | | | □媒体采访 □业绩说明会 | | | 投资者关系活动 | □新闻发布会 □路演活动 | | | 类别 | □现 ...

证券代码：300821 证券简称：东岳硅材 公告编号：2022-080 山东东岳有机硅材料股份有限公司 关于参加山东辖区上市公司 2022 年度投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通互动，帮助投资者全面了解公司发展状 况，山东东岳有机硅材料股份有限公司（以下简称"公司"）将参加由山东证监 局、山东上市公司协会、深圳市全景网络有限公司（以下简称"全景网"）共同 举办的"山东辖区上市公司 2022 年度投资者网上集体接待日活动"，现将有关 事项公告如下： 本次投资者网上集体接待日活动将通过全景网提供的网上平台举行，投资者 可以登录全景网"投资者关系互动平台"（https://ir.p5w.net/）参与公司本 次投资者网上接待日活动。网上互动交流时间为 2022 年 11 月 16 日（星期三） 14:00-16:00。 届时，公司董事长王维东先生，董事、董事会秘书兼财务总监张秀磊先生将 通过网络在线方式，与投资者就公司治理及社会责任、经营状况、发展战略等问 题进行沟通，欢迎广大投资者积极参 ...

Revenue Performance - Revenue for Q3 2022 reached ¥1,676,624,845.32, an increase of 38.13% year-over-year, while year-to-date revenue was ¥5,179,494,228.04, up 80.59% compared to the same period last year[6]. - The company achieved a revenue of RMB 1.677 billion in Q3 2022, representing a 38.13% increase compared to the same period last year[21]. - The company's total revenue for the period reached ¥5,179,494,228.04, a significant increase from ¥2,868,156,132.57 in the previous period, representing an increase of approximately 80.5%[31]. Profitability - Net profit attributable to shareholders for Q3 2022 was ¥60,920,941.25, a decrease of 85.07% year-over-year, with year-to-date net profit at ¥579,491,991.76, down 25.51% compared to the previous year[6]. - The net profit attributable to shareholders was RMB 60.92 million, a decrease of 85.07% year-on-year, primarily due to a significant decline in market prices of main products[21]. - The company's net profit for the period was ¥692,177,979.38, down from ¥917,058,717.02 in the previous period, indicating a decrease of approximately 24.6%[31]. - The net profit attributable to shareholders of the parent company is approximately ¥579.49 million, down from ¥777.94 million, reflecting a decrease of around 25.5%[33]. - The total profit for the current period is approximately ¥681.85 million, a decrease from ¥916.16 million in the previous period, representing a decline of about 25.6%[33]. Earnings Per Share - Basic earnings per share for Q3 2022 was ¥0.05, reflecting an 85.29% decline year-over-year, while year-to-date earnings per share was ¥0.48, down 26.15%[6]. - The basic and diluted earnings per share for the current period are both ¥0.48, compared to ¥0.65 in the previous period, indicating a decline of approximately 26.2%[33]. Assets and Liabilities - Total assets as of the end of Q3 2022 amounted to ¥6,452,003,609.06, representing a 2.83% increase from the end of the previous year[6]. - The company's total current assets decreased to ¥2,609,552,932.27 from ¥3,116,047,265.32, reflecting a decline of approximately 16.3%[24]. - The total liabilities increased to ¥1,199,182,576.90 from ¥1,148,803,065.60, which is an increase of about 4.4%[27]. - The total non-current assets increased to ¥3,842,450,676.79 from ¥3,158,615,811.43, representing an increase of approximately 21.6%[24]. Cash Flow - Cash flow from operating activities for the first nine months of 2022 was ¥503,390,201.69, an increase of 17.22% year-over-year, driven by higher sales revenue[13]. - Cash inflows from operating activities totaled approximately ¥2.30 billion, an increase from ¥1.18 billion in the previous period, representing a growth of about 96.0%[37]. - The net cash flow from operating activities is approximately ¥503.39 million, compared to ¥429.45 million in the previous period, showing an increase of about 17.2%[37]. - Cash outflows from investing activities amounted to approximately ¥418.35 million, a decrease from ¥944.36 million in the previous period, indicating a reduction of about 55.7%[37]. - The net cash flow from financing activities is approximately -¥452.50 million, worsening from -¥150.00 million in the previous period, reflecting a decline of about 201.7%[40]. - The cash and cash equivalents at the end of the period stand at approximately ¥1.61 billion, down from ¥2.04 billion at the beginning of the period, a decrease of about 21.4%[40]. Research and Development - Research and development expenses for the first nine months of 2022 were ¥229,682,351.03, a 42.77% increase compared to the same period last year, indicating a focus on innovation[12]. - Research and development expenses increased to ¥229,682,351.03 from ¥160,871,123.83, reflecting a rise of about 42.7%[31]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 85,023, with the top 10 shareholders holding 85.75% of the shares[16]. - Dongyue Fluorosilicone Technology Group Co., Ltd. held 693 million shares, accounting for 57.75% of the total shares[16]. - The total number of restricted shares at the beginning of the period was 783 million, with no shares released or added during the period[20]. Operational Challenges - The company faces potential adverse impacts on profitability due to historical price volatility of silicone products and upstream raw materials[21]. - The company is monitoring the expansion speed of industry capacity against market demand to mitigate risks of significant profit declines[21]. Operating Costs - The company experienced a 146.81% increase in operating costs, totaling ¥4,208,600,572.24, primarily due to increased production and raw material costs[12]. - The cost of goods sold was ¥4,208,600,572.24, compared to ¥1,705,176,191.17 in the previous period, indicating a rise of about 146.5%[31].

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2022, representing a year-on-year increase of 15%[20]. - The gross profit margin for the first half of 2022 was 30%, compared to 28% in the same period last year[20]. - Future guidance estimates a revenue growth of 12% to 15% for the full year 2022[20]. - The company achieved operating revenue of ¥3,502,869,382.72, representing a 111.74% increase compared to the same period last year[28]. - Net profit attributable to shareholders reached ¥518,571,050.51, marking a 40.18% growth year-over-year[28]. - Basic earnings per share were ¥0.4321, up 40.16% from ¥0.3083 in the same period last year[28]. - The company reported a significant increase in revenue, with a year-on-year growth of 25% in the first half of 2022, reaching a total revenue of 1.5 billion RMB[139]. Research and Development - The company plans to invest RMB 200 million in R&D for new product development in the next fiscal year[20]. - Research and development investment rose by 61.95% to CNY 156,672,789.07 from CNY 96,744,313.66, reflecting the company's commitment to innovation[52]. - The company is investing in R&D to explore advanced technologies and high-end products, focusing on special monomers and downstream products like high-performance silicone rubber and silicone additives[89]. - The company is actively engaged in R&D, focusing on market-driven innovation and collaboration with academic institutions to enhance its capabilities[40]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 10% market share by 2025[20]. - The company plans to expand its market presence by entering new regions, targeting a 15% increase in market share by the end of 2023[140]. - The company has initiated discussions for potential mergers and acquisitions to enhance its market position[20]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach, with a focus on strategic partnerships[147]. Operational Efficiency and Production - A new product line is expected to launch in Q4 2022, projected to contribute an additional RMB 300 million in revenue[20]. - The company has a production capacity of 600,000 tons/year for monomer synthesis, which is a leading level in China, indicating significant scale advantages[46]. - The company plans to prioritize the investment of unallocated funds into the 300,000 tons/year silicone monomer project and the 20,000 tons/year downstream silicone product deep processing project, with subsequent project funding to be covered by the company's own funds[79]. - A downstream product deep processing project of 200,000 tons per year will be developed to increase production capacity and meet market demand for various silicone rubber products and deep processing products[89]. Financial Management and Shareholder Policies - No cash dividends or stock bonuses will be distributed to shareholders for the current fiscal year[6]. - The company aims to maintain a stable profit distribution policy, with cash dividends not less than 20% of the distributable profit for the year when conditions are met[136]. - The company’s profit distribution policy prioritizes cash dividends over stock dividends, reflecting its growth potential and financial health[134]. - The company has committed to a differentiated cash dividend policy, with a minimum cash dividend ratio of 80% for mature companies without significant capital expenditure plans[137]. Risk Management - The company is facing risks related to market competition and product pricing, which may impact future performance[6]. - The company faces risks from intensified market competition, which could lead to significant price fluctuations and impact profitability[88]. - The company is exposed to safety and environmental risks due to the nature of its chemical production processes[88]. - The company has implemented upgrades to pollution control facilities, ensuring stable compliance with emission standards[105]. Environmental and Social Responsibility - The company has implemented a zero wastewater discharge project, converting wastewater generated during production into reusable water, contributing to environmental sustainability[46]. - A total of 4.3 million yuan was donated to local charities to support pandemic prevention and healthcare development[113]. - The company actively participates in carbon reduction initiatives, adopting advanced processes and energy management practices to lower energy consumption[108]. - The company has received the "Shandong Province Advanced Clean Production Unit" honor, reflecting its commitment to clean production and environmental standards[48]. Corporate Governance - The company is focused on maintaining strong corporate governance to protect shareholder interests, with a commitment to transparency in all financial dealings[145]. - The company has established a framework to minimize related party transactions, ensuring all dealings are conducted at fair market prices[144]. - The company has committed to avoiding any direct or indirect competition with its subsidiary, Dongyue Silicon Materials, ensuring no overlapping business activities[143].

Financial Performance - The company's revenue for Q1 2022 reached ¥1,348,854,904.08, representing an increase of 88.34% compared to ¥716,174,764.99 in the same period last year[4] - Net profit attributable to shareholders was ¥241,938,360.18, up 95.33% from ¥123,859,583.37 year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥246,345,361.32, reflecting a growth of 109.53% compared to ¥117,570,033.07 in the previous year[4] - Basic and diluted earnings per share both stood at ¥0.20, doubling from ¥0.10 in the previous year[4] - The gross profit margin improved significantly, contributing to an operating profit of ¥290,533,834.20, which is a 100.11% increase from ¥145,189,034.06 year-on-year[10] - The company reported a total profit of ¥284,703,693.62, up 95.38% from ¥145,718,288.97 in the previous year[10] - Total operating revenue for the first quarter reached ¥1,348,854,904.08, a significant increase from ¥716,174,764.99 in the previous year, representing an increase of approximately 88.1%[26] - Net profit for the first quarter was ¥241,938,360.18, compared to ¥123,859,583.37 in the same period last year, reflecting an increase of about 95.5%[29] - The total comprehensive income for the first quarter was ¥241,938,360.18, compared to ¥123,859,583.37 in the same period last year, representing an increase of approximately 95.5%[32] Cash Flow and Assets - The company's cash flow from operating activities increased by 32.55%, amounting to ¥89,694,837.95, compared to ¥67,667,860.65 in the same period last year[4] - The cash inflow from operating activities amounted to ¥565,336,516.41, a significant increase from ¥283,168,611.28 in the previous period, representing a growth of approximately 99.5%[33] - The net cash outflow from operating activities was ¥475,641,678.46, compared to ¥215,500,750.63 in the prior period, indicating an increase of about 120.5%[36] - The net cash flow from operating activities was ¥89,694,837.95, up from ¥67,667,860.65, reflecting a growth of approximately 32.5%[36] - The cash and cash equivalents at the end of the period are 1,694,706,307.39 RMB, down from 1,960,646,525.51 RMB at the beginning of the year[19] - The total amount of current assets is 3,202,781,975.37 RMB, an increase from 3,116,047,265.32 RMB at the beginning of the year[19] - The total assets at the end of the reporting period were ¥6,621,131,975.86, a 5.52% increase from ¥6,274,663,076.75 at the end of the previous year[4] - The total assets amount to 6,621,131,975.86 RMB, up from 6,274,663,076.75 RMB at the beginning of the year[19] Liabilities and Equity - The company's total liabilities decreased by 45.69% in contract liabilities, indicating improved cash flow management[7] - The total liabilities increased to ¥1,253,333,604.53 from ¥1,148,803,065.60, which is an increase of approximately 9.1%[25] - The total equity attributable to shareholders reached ¥5,367,798,371.33, up from ¥5,125,860,011.15, reflecting an increase of about 4.7%[25] - The company's contract liabilities decreased to ¥57,016,311.61 from ¥104,992,429.56, a reduction of approximately 45.4%[25] Research and Development - The company's R&D expenses rose by 71.17% to ¥74,519,207.02, compared to ¥43,536,086.45 in the same period last year, indicating increased investment in innovation[7] - Research and development expenses increased to ¥74,519,207.02 from ¥43,536,086.45, marking an increase of about 71.1%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 88,288[11] - Dongyue Fluorosilicone Technology Group Co., Ltd. holds 57.75% of shares, totaling 693,000,000 shares[11] - The top ten shareholders include Zibo Xiaoxi Enterprise Management Partnership, holding 7.76% of shares, totaling 93,100,000 shares[11] - The total number of restricted shares at the beginning of the period is 783,000,000, with no changes during the period[15]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2021, reflecting a year-on-year increase of 15%[22] - The net profit attributable to shareholders reached 300 million RMB, representing a growth of 20% compared to the previous year[22] - The company's operating revenue for 2021 was ¥4,333,219,120.91, representing a 73.10% increase compared to ¥2,503,320,490.87 in 2020[29] - The net profit attributable to shareholders for 2021 was ¥1,150,634,466.69, a significant increase of 309.87% from ¥280,731,911.98 in 2020[29] - The net profit after deducting non-recurring gains and losses for 2021 was ¥1,151,531,781.34, up 359.09% from ¥250,826,501.08 in 2020[29] - The net cash flow from operating activities for 2021 was ¥554,569,596.85, an increase of 164.19% compared to ¥209,910,154.66 in 2020[29] - The basic earnings per share for 2021 was ¥0.96, a 284.00% increase from ¥0.25 in 2020[29] - The total assets at the end of 2021 were ¥6,274,663,076.75, a 39.49% increase from ¥4,498,417,305.64 in 2020[29] - The company reported a weighted average return on equity of 25.14% at the end of 2021, up from 7.94% at the end of 2020[29] - The company achieved total operating revenue of ¥4,333,219,120.91, a year-on-year increase of 73.10%[67] - The net profit attributable to shareholders was ¥1,150,634,466.69, representing a significant growth of 309.87% compared to the previous year[67] - The revenue from the organic silicon chemical raw materials manufacturing segment accounted for 100% of total revenue, with a gross margin of 37.39%[72] - The company reported a 108.02% increase in revenue from intermediates, reaching ¥184,366,908.13[68] - The sales of 107 glue reached ¥1,949,076,156.63, accounting for 44.98% of total revenue, with a gross margin of 40.54%[72] - Domestic sales contributed ¥3,666,906,216.57, representing 84.62% of total revenue, while international sales increased by 108.84% to ¥666,312,904.34[71] Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 25% increase in market share by 2023[22] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[148] - The company has identified potential acquisition targets in the organic silicon sector to enhance its product portfolio and market reach[22] - The company is exploring potential mergers and acquisitions to strengthen its supply chain and enhance production capabilities[148] - A strategic acquisition of a local competitor is planned, which is expected to enhance production capacity by 30%[164] Research and Development - Research and development expenses accounted for 8% of total revenue, with significant investments in new silicone products and technologies[22] - The company aims to launch three new product lines in 2022, including high-temperature silicone and liquid silicone[22] - The company has established a strategic partnership with a leading technology firm to co-develop innovative silicone materials for the electronics industry[22] - R&D expenses increased by 24.66% to ¥231,821,068.92 in 2021[84] - The company is investing 100 million RMB in R&D for innovative technologies in silicone applications over the next three years[163] - The company has completed the development of new silicone products for personal care applications, targeting the fine chemical sector[89] - The company has successfully developed environmentally friendly silicone-based adhesives for electrical fireproof applications, expanding its product range[89] Operational Efficiency and Cost Management - The company expects a revenue growth rate of 10-15% for 2022, driven by increased demand in the automotive and electronics sectors[22] - The company has implemented new strategies to improve operational efficiency, aiming for a 15% reduction in production costs by the end of the next fiscal year[148] - The company plans to enhance its supply chain efficiency, aiming for a 15% reduction in operational costs by the end of the next fiscal year[162] - The company will enhance production efficiency and product quality through new technologies and process improvements, aiming to reduce energy and material consumption[125] Environmental and Social Responsibility - The company is implementing a zero wastewater discharge project, converting wastewater into reusable water, contributing to environmental sustainability[60] - The company has achieved "zero discharge" in wastewater treatment through advanced technologies[66] - The company is committed to environmental protection and corporate social responsibility, aiming for sustainable and healthy development[140] Corporate Governance and Management - The company has established a performance evaluation and incentive mechanism for directors and senior management, linking their compensation directly to the company's operating performance[138] - The company maintains independence from its controlling shareholder in terms of business, personnel, assets, organization, and finance, ensuring no interference in decision-making[141] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[136] - The company emphasizes information disclosure and investor relations management, ensuring timely and accurate information dissemination[138] - The company has established a sound organizational structure that operates independently from its controlling shareholder[141] Employee and Talent Management - The total number of employees at the end of the reporting period is 1,239, with 812 in production, 251 in technical roles, and 41 in sales[189][192] - The company has established a performance-based compensation system that aligns with industry standards and adjusts salaries based on company performance[193] - The company has a training plan aimed at enhancing management skills and technical expertise, ensuring employee development aligns with company growth[194] Future Outlook - The company has provided a revenue guidance of 1.8 billion RMB for the next fiscal year, indicating an expected growth of 20%[148] - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on innovative organic silicon materials[148] - The company aims to become a world-class silicone enterprise by focusing on market demand and leveraging its advantages in the silicone materials field[120]

证券代码：300821 证券简称：东岳硅材 公告编号：2021-062 山东东岳有机硅材料股份有限公司 关于参加山东辖区上市公司 2021 年度投资者 网上集体接待日活动的公告 | --- | --- | |-------------------------------------------------------------------------------------------------|--------------------------------| | | | | 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 | | | 为进一步加强与广大投资者的沟通交流，切实提高上市公司透明度、规范运 | | | 作和治理水平，山东东岳有机硅材料股份有限公司（以下简称"公司"）将参加 | | | 由山东证监局、山东上市公司协会联合举办，深圳市全景网络有限公司（以下简 | | | 称"全景网"）承办的"山东辖区上市公司 2021 | 年度投资者网上集体接待日活 | | 动"，现将有关事项公告如下： | | | 本次投资者网上集体接待日活动将通过全景网提供的 ...

Financial Performance - The company's revenue for Q3 2021 reached ¥1,213,844,388.38, representing a 97.05% increase compared to the same period last year[4] - Net profit attributable to shareholders was ¥408,003,644.70, a significant increase of 1,286.70% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥406,610,240.51, up 1,161.31% from the previous year[4] - The total profit for the year-to-date was ¥916,157,236.01, a 591.62% increase compared to the same period last year[10] - The net profit for the period reached CNY 777,939,698.18, compared to CNY 112,850,428.27 in the previous year, indicating a significant increase[36] - The earnings per share (EPS) for the current period was CNY 0.65, compared to CNY 0.10 in the same quarter last year[36] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥5,763,131,264.67, reflecting a growth of 28.11% compared to the end of the previous year[4] - The total assets increased to CNY 5,763,131,264.67 from CNY 4,498,417,305.64, representing a growth of 27.8%[28] - The total liabilities rose to CNY 1,056,060,861.58, compared to CNY 419,286,600.73, marking a substantial increase[28] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥429,453,072.03, an increase of 328.46% year-on-year[10] - The cash inflow from operating activities for the current period is CNY 1,175,373,936.05, an increase from CNY 1,015,895,669.55 in the previous period, representing a growth of approximately 15.7%[40] - The net cash flow from operating activities is CNY 429,453,072.03, significantly higher than CNY 100,232,096.18 in the previous period, indicating a substantial increase of 328.5%[40] - The cash inflow from investment activities is CNY 706,812,054.79, compared to CNY 32,317,743.36 in the previous period, showing a dramatic increase of 2,090.5%[42] - The net cash flow from investment activities is -CNY 237,546,624.83, an improvement from -CNY 979,744,945.72 in the previous period, reflecting a reduction in losses[42] - The cash outflow from financing activities totals CNY 151,000,000.00, down from CNY 294,772,376.10 in the previous period, indicating a decrease of 48.8%[43] - The ending balance of cash and cash equivalents is CNY 2,043,765,231.67, up from CNY 1,896,837,379.32 in the previous period, representing an increase of 7.8%[43] Shareholder Information - Total number of common shareholders at the end of the reporting period is 91,132[14] - The largest shareholder, Dongyue Fluorosilicone Technology Group Co., Ltd., holds 57.75% of shares, totaling 693,000,000 shares[14] - The company has a total of 10 major shareholders, with the top 10 holding a significant portion of shares[14] - The number of restricted shares at the end of the period is 90,000,000, with 84,074,598 shares released from restriction during the period[18] Research and Development - Research and development expenses increased to ¥160,871,123.83, a rise of 32.95% compared to the previous year[10] - Research and development expenses for the quarter were CNY 160,871,123.83, up from CNY 120,999,808.80, reflecting a year-over-year increase of 33%[33] - The company is actively involved in the research and development of silicon products and related technologies[19] Inventory and Accounts Receivable - The company's inventory increased by 105.81% to ¥377,025,513.02, attributed to rising raw material prices and increased stock[7] - Inventory as of September 30, 2021, is valued at RMB 377,025,513.02, compared to RMB 183,187,205.14 at the end of 2020, indicating significant growth[22] - The company reported a significant increase in accounts receivable, which rose by 98.31% to ¥63,626,070.87, due to increased product prices and extended credit terms to select customers[7] - The company reported an increase in accounts receivable to RMB 63,626,070.87 from RMB 32,084,092.86 year-over-year[22] - The company reported a significant increase in accounts payable, which rose to CNY 836,573,224.92 from CNY 324,547,321.73, an increase of 158.5%[28] Tax and Employee Expenses - The company received tax refunds amounting to CNY 26,629,986.56, compared to CNY 8,429,887.77 in the previous period, marking an increase of 215.5%[40] - The cash paid to employees increased to CNY 119,653,234.10 from CNY 83,565,427.10, reflecting a rise of 43.2%[40] - The cash paid for taxes rose to CNY 97,948,960.23 from CNY 35,402,655.21, indicating an increase of 176.5%[40] Market Expansion - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[30]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,654,311,744.19, representing a 43.14% increase compared to CNY 1,155,732,100.32 in the same period last year[27]. - The net profit attributable to shareholders for the first half of 2021 was CNY 369,936,053.48, a significant increase of 343.42% from CNY 83,427,840.68 in the previous year[27]. - The net profit after deducting non-recurring gains and losses reached CNY 374,730,467.66, up 400.77% from CNY 74,830,633.45 year-on-year[27]. - The net cash flow from operating activities was CNY 199,673,615.07, which is a 247.27% increase compared to CNY 57,497,896.26 in the same period last year[27]. - The basic earnings per share for the first half of 2021 was CNY 0.31, reflecting a 287.50% increase from CNY 0.08 in the previous year[27]. - The total assets at the end of the reporting period were CNY 4,921,205,464.64, a 9.40% increase from CNY 4,498,417,305.64 at the end of the previous year[27]. - The net assets attributable to shareholders at the end of the reporting period were CNY 4,299,066,758.39, up 5.39% from CNY 4,079,130,704.91 at the end of the previous year[27]. - The weighted average return on equity for the first half of 2021 was 8.78%, an increase of 4.99% compared to 3.79% in the same period last year[27]. Investment and R&D - The company has developed over 120 specifications of downstream products, including silicone rubber, silicone oil, and fumed silica, and has obtained a total of 45 authorized invention patents[36]. - The company has established a high-quality R&D team of 255 members, focusing on new product development in the organic silicon industry, including high-performance flame-retardant silicone rubber and functional liquid silicone rubber[41]. - R&D investment increased to ¥96,744,313.66, up 59.30% compared to the previous period[49]. - The company plans to invest in R&D for high-end silicone products, targeting special monomers and downstream processing products, with a focus on key technology research to achieve rapid industrialization[87]. Market and Sales Strategy - The company has established a supply chain management system and a dedicated procurement department to manage the procurement of raw materials, primarily including metallic silicon and chemical raw materials[37]. - The company's sales strategy includes a combination of large and small customer development to expand the market and stabilize sales while mitigating risks[37]. - The company exports to over 30 countries and regions, including the UAE, the USA, Belgium, Germany, India, Poland, Turkey, and South Korea, with domestic sales concentrated in South China and East China[39]. - The company has built a marketing service network with 10 sales service institutions across major organic silicon industrial clusters in China, serving over 1,100 domestic and international customers[44]. Environmental and Compliance - The company has achieved zero wastewater discharge through advanced treatment technologies, enhancing its environmental protection capabilities[44]. - The company has passed multiple quality certifications, including ISO9001 and FDA certification for its products, ensuring high standards and stability in product quality[44]. - The company has implemented pollution control facility upgrades, ensuring all pollutants are consistently within discharge standards[104]. - No administrative penalties were imposed on the company during the reporting period, indicating compliance with environmental regulations[105]. - The company has established a self-monitoring plan for environmental compliance, adhering to the required monitoring frequency and standards[105]. Risks and Challenges - The company has outlined potential risks in its operations and encourages investors to read the relevant sections of the report for more details[6]. - The company faces risks related to safety and environmental protection due to the nature of its chemical production, as well as intensified market competition and potential fluctuations in product prices[84]. Shareholder and Corporate Governance - The company has successfully fulfilled all commitments made to shareholders, ensuring transparency and accountability[109]. - The company reported a total of 14,352.85 thousand yuan in related party transactions during the reporting period, with a significant portion (59.13%) attributed to the purchase of monochloromethane from Shandong Dongyue Fluorosilicon Materials Co., Ltd.[119]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[112]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[162]. Financial Position and Cash Flow - Cash and cash equivalents increased by ¥352,710,460.94, a decrease of 57.72% compared to the previous period[49]. - The company reported a total of ¥2,356,481,668.62 in cash and cash equivalents at the end of the reporting period, representing 47.88% of total assets[54]. - The total current assets decreased to ¥2,991,332,978.39 from ¥3,119,703,947.58, reflecting a decline of about 4.1%[175]. - Non-current assets increased to ¥1,929,872,486.25 from ¥1,378,713,358.06, indicating a growth of approximately 40%[175]. - The total liabilities rose to ¥622,138,706.25 from ¥419,286,600.73, which is an increase of approximately 48.3%[178]. - The company reported a rise in other current liabilities to ¥5,448,763.34 from ¥1,907,861.16, reflecting an increase of approximately 185.5%[178].

Financial Performance - The company's revenue for Q1 2021 was CNY 716,174,764.99, representing a 23.07% increase compared to CNY 581,919,276.08 in the same period last year[8] - Net profit attributable to shareholders was CNY 123,859,583.37, a significant increase of 124.70% from CNY 55,122,922.48 year-on-year[8] - The net profit after deducting non-recurring gains and losses reached CNY 117,570,033.07, up 143.89% from CNY 48,206,227.73 in the previous year[8] - Basic earnings per share increased to CNY 0.10, a rise of 66.67% from CNY 0.06 in the previous year[8] - Total profit rose by 124.70% to RMB 145.72 million, driven by improved gross margins[20] - The company reported a total comprehensive income of ¥123,859,583.37, compared to ¥55,122,922.48 in the previous period, indicating a growth of approximately 124.8%[60] Cash Flow and Assets - The net cash flow from operating activities was CNY 67,667,860.65, showing a remarkable increase of 223.25% compared to CNY 20,933,718.24 in the same quarter last year[8] - Cash inflow from investment activities totaled $706,812,054.79, with a net cash flow from investment activities of $570,525,916.02, compared to a negative cash flow of $11,281,711.13 in the previous period[66] - The ending balance of cash and cash equivalents is $2,642,114,139.48, compared to $3,079,493,363.83 at the end of the previous period[69] - Total assets at the end of the reporting period were CNY 4,676,664,506.99, reflecting a 3.96% increase from CNY 4,498,417,305.64 at the end of the previous year[8] - The total assets of the company as of March 31, 2021, are 4,676,664,506.99 yuan, compared to 4,498,417,305.64 yuan at the end of 2020[46] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,437[11] - The largest shareholder, Dongyue Fluorosilicon Technology Group Co., Ltd., held 57.75% of the shares, totaling 693,000,000 shares[11] - The net assets attributable to shareholders amounted to CNY 4,202,990,288.28, up 3.04% from CNY 4,079,130,704.91 at the end of the last year[8] - Total equity attributable to shareholders reached ¥4,202,990,288.28, up from ¥4,079,130,704.91, showing an increase of approximately 3.0%[52] Expenses and Liabilities - Research and development expenses surged by 144.70% to RMB 43.54 million, indicating increased investment in innovation[20] - The company reported a significant increase in contract liabilities by 153.79% to RMB 55.96 million, reflecting higher advance payments received[20] - Total liabilities increased to ¥473,674,218.71 from ¥419,286,600.73, marking a rise of about 12.9%[52] - Tax expenses for the period were ¥21,858,705.60, up from ¥9,727,574.55, representing an increase of approximately 125.0%[56] Operational Highlights - Accounts receivable increased by 31.83% to RMB 2.64 billion, primarily due to credit terms extended to quality customers[20] - The company maintained a diversified supplier base, with no single supplier accounting for over 50% of purchases[24] - The first major customer accounted for 3.12% of total sales, up from 2.58% in the previous year[24] Project Updates - The project for 30,000 tons/year of silicone monomer and 20,000 tons/year of downstream silicone products has a completion status of 27.92% as of March 31, 2022[29] - The company plans to complete the silicone R&D center project by March 2022, which was delayed due to higher requirements for R&D equipment and technology[32] Miscellaneous - The company has not reported any non-operating fund occupation by controlling shareholders during the reporting period[38] - The company has not experienced any significant changes in expected cumulative net profit compared to the same period last year[37] - The company did not undergo an audit for the first quarter report[69]