Financial Performance - The company's operating revenue for Q1 2021 was ¥258,735,113.90, a decrease of 14.35% compared to ¥302,070,679.11 in the same period last year[8]. - Net profit attributable to shareholders was ¥47,966,203.77, representing a slight increase of 1.86% from ¥47,091,129.12 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥43,304,082.41, down 7.99% from ¥47,063,768.82 in the previous year[8]. - Basic and diluted earnings per share were both ¥0.4249, down 23.61% from ¥0.5562 in the previous year[8]. - The weighted average return on equity was 3.20%, a decrease of 5.08% from 8.28% in the same period last year[8]. - The company achieved operating revenue of RMB 258.7351 million, a year-on-year decrease of 14.35%[22]. - The net profit attributable to shareholders was RMB 47.9662 million, remaining stable compared to the previous year[22]. - The decline in revenue was primarily due to the ongoing global COVID-19 pandemic, which reduced downstream consumer demand, particularly for sunscreen products[22]. - The company expects a gradual recovery in consumer demand for sunscreen products starting in the second half of this year as vaccination rates increase[22]. Cash Flow and Investments - The net cash flow from operating activities was ¥74,126,579.97, a decrease of 12.72% compared to ¥84,932,487.73 in the same period last year[8]. - The company reported a significant increase in cash received from investment returns, amounting to RMB 7.055 million, a 9,455.06% increase compared to the previous period[21]. - The cash paid for investment increased to RMB 516 million, a 330% rise due to higher purchases of financial products[21]. - The company’s cash flow from operating activities showed a 47.92% increase in cash received related to operating activities, totaling RMB 2.2206 million[21]. - The company did not incur any bank borrowings during the reporting period, leading to a 100% decrease in cash received from loans[21]. - The company reported a cash inflow from sales of goods and services of CNY 294,017,881.78, slightly down from CNY 299,534,016.78, a decrease of approximately 1.7%[61]. - Cash inflow from investment activities significantly increased to CNY 497,126,538.77 from CNY 90,103,793.61, representing a growth of approximately 438.5%[63]. - Cash outflow for investment activities rose to CNY 566,173,277.66 from CNY 143,588,958.08, marking an increase of about 295.5%[63]. - The net cash flow from investment activities was negative at CNY -69,046,738.89, compared to CNY -53,485,164.47 in the previous period[63]. - The net cash flow from financing activities was negative at CNY -5,924,252.57, indicating a decrease from the previous period's CNY -5,178,511.32[65]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,708,217,819.81, an increase of 1.73% from ¥1,679,100,411.20 at the end of the previous year[8]. - Net assets attributable to shareholders increased by 3.19% to ¥1,522,427,895.48 from ¥1,475,394,198.68 at the end of the previous year[8]. - The total current assets reached CNY 1,042,509,095.75, slightly up from CNY 1,038,851,787.93, indicating a marginal increase of about 0.16%[40]. - The total liabilities decreased from CNY 1,679,100,411.20 to CNY 1,708,217,819.81, indicating a slight increase in leverage[42]. - The total liabilities were CNY 185,789,924.33, down from CNY 203,706,212.52 in the previous year, indicating a reduction of approximately 8.81%[49]. - The total current liabilities decreased to CNY 170,487,748.34 from CNY 189,789,789.02, reflecting a reduction of approximately 10.16%[49]. Research and Development - Research and development expenses increased to CNY 10,486,188.71 in Q1 2021, up from CNY 9,468,572.03 in Q1 2020, reflecting a focus on innovation[58]. - The company has invested in new product development, including high-end daily-use fragrance raw materials and sunscreen agents, with a project completion rate of 33.15% for the first phase[30]. Risks and Challenges - The company has a high proportion of export revenue, which is significantly affected by exchange rate fluctuations, particularly with USD and EUR, impacting competitiveness and potential foreign exchange gains or losses[24]. - The company is exposed to risks from raw material price fluctuations, which are influenced by international conditions and domestic economic changes, potentially affecting profitability[24]. - Environmental protection measures are in place, but stricter future regulations could pose risks if the company fails to upgrade its facilities to meet new standards[25]. - The company is actively addressing safety production risks associated with hazardous chemicals, maintaining a controlled production environment[25]. - The ongoing global COVID-19 pandemic has not significantly impacted the company's performance in the reporting period, but future outbreaks could pose risks[26].

Dividend Distribution - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares to all shareholders, based on a total of 112,880,000 shares[4]. - For the first half of 2020, the company proposed a cash dividend of RMB 1.50 per 10 shares, totaling RMB 16,932,000[121]. - The cash dividend represents 20.72% of the consolidated net profit attributable to ordinary shareholders of the listed company for 2020[126]. - The total amount of cash dividends distributed in 2020 is consistent with the company's profit distribution policy and relevant regulations[124]. - The cash dividend for 2020 is fully covered by the available distributable profits of RMB 113,007,067.56[125]. - The company aims to complete the dividend distribution within two months after the shareholders' meeting approval[125]. - The company has a minimum cash dividend requirement of 10% of the distributable profit for the year, provided that there are no significant expenditures affecting profit distribution[129]. - The company has not issued any bonus shares or capital reserve transfers in the current profit distribution plan[125]. - The company will review its shareholder return plan at least every three years, considering the execution of the previous plan and feedback from minority shareholders[132]. Financial Performance - The company reported a significant increase in revenue for the year 2020, with total revenue reaching 1.2 billion RMB, representing a growth of 15% compared to the previous year[15]. - The net profit attributable to shareholders for 2020 was ¥163,458,183.84, representing an increase of 6.35% from ¥153,698,369.14 in 2019[23]. - The company's operating revenue for 2020 was ¥1,008,469,364.93, a decrease of 8.35% compared to ¥1,100,355,767.70 in 2019[23]. - The total assets at the end of 2020 amounted to ¥1,679,100,411.20, reflecting a significant increase of 64.47% from ¥1,020,911,892.42 at the end of 2019[23]. - The basic earnings per share for 2020 was ¥1.6953, down by 6.62% from ¥1.8155 in 2019[23]. - The company reported a net profit of 500 million RMB for the fiscal year 2020, representing a 20% increase compared to the previous year[138]. - The total revenue for 2020 reached 2 billion RMB, reflecting a growth of 15% year-over-year[138]. Research and Development - The company has allocated 10% of its annual budget for research and development, focusing on innovative chemical formulations and sustainable practices[15]. - The company has established over 130 patents, including 22 product invention patents, showcasing its strong R&D capabilities[42]. - The number of R&D personnel increased to 164, representing 16.82% of the total workforce[74]. - The company launched over 20 new product development projects during the reporting period, including the industrialization of the Octyl Triazone (EHT) product[72]. - The company plans to continue investing in research and development, focusing on new product and process development in the cosmetic raw materials and synthetic fragrance fields[106]. Market Expansion - The company plans to expand its market presence in Europe and North America, targeting a 25% increase in market share in these regions over the next two years[15]. - The company aims to expand its market position by enhancing its operational safety and deepening its marketing network amidst external challenges[37]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2023[138]. - The company is considering strategic acquisitions to enhance its product portfolio and market reach, with a budget of 300 million RMB for potential acquisitions[138]. Risk Management - Future plans and performance forecasts are not commitments to investors, highlighting the need for risk awareness[4]. - The company has outlined potential risks and countermeasures in its future development outlook section[4]. - The company has identified risks related to raw material price fluctuations, exchange rate volatility, environmental protection, and safety production, and has implemented measures to mitigate these risks[107]. Sustainability and Environmental Responsibility - The company emphasizes its commitment to sustainability, aiming to reduce carbon emissions by 30% by 2025 through various initiatives[15]. - The company has invested in environmental protection measures, including a 5,000 tons/year hazardous waste incineration facility to manage waste effectively[43]. - The company has implemented measures to prevent pollution and ensure compliance with environmental standards, with no incidents of exceeding emission limits reported[187]. - The company has upgraded its VOCs collection and treatment systems and automated its wastewater treatment facilities during the reporting period[187]. Corporate Governance and Shareholder Relations - The company has established measures to ensure the protection of investor rights and interests, particularly for minority shareholders[147]. - The company emphasizes the importance of transparency in disclosing reasons for any unfulfilled commitments to investors and the public[151]. - The company has committed to protecting investor interests through alternative commitments if original commitments cannot be met[149]. - The company has a share lock-up period of 12 months for certain shareholders, with a gradual release of shares thereafter, ensuring stability in the shareholding structure[134]. Financial Management - The company reported a net cash flow from operating activities for 2020 was ¥166,282,411.17, up by 5.53% from ¥157,562,209.34 in 2019[23]. - The company’s financing activities generated a net cash inflow of ¥517,532,953.15, a significant increase of 3,458.74% compared to the previous year[75]. - The total amount of cash outflow from investment activities surged by 1,050.46% to ¥1,114,139,682.70, primarily due to increased purchases of financial products[75]. - The company has entrusted financial management with a total amount of RMB 51 million, with no overdue amounts[176]. Compliance and Legal Matters - The company is subject to legal responsibilities for the accuracy, completeness, and timeliness of the IPO prospectus[144]. - The company has not engaged in any significant related party transactions during the reporting period[164]. - There were no major lawsuits or arbitration matters reported during the fiscal year[161].

Financial Performance - Operating income decreased by 14.05% to CNY 193,210,514.90 for the reporting period[8] - Net profit attributable to shareholders decreased by 25.44% to CNY 25,138,068.37 for the reporting period[8] - Basic earnings per share decreased by 39.00% to CNY 0.2429[8] - The weighted average return on net assets decreased by 4.93% to 2.14% for the reporting period[8] - Total operating revenue for Q3 2020 was CNY 193,210,514.90, a decrease of 13.9% compared to CNY 224,807,149.60 in the same period last year[42] - Net profit for Q3 2020 was CNY 25,138,068.37, representing a decline of 25.5% from CNY 33,713,701.40 in Q3 2019[46] - The total operating income for the year-to-date period was ¥761,564,555.78, down 4.3% from ¥795,820,956.93 in the previous year[52] - The company reported a total profit of ¥28,709,203.40 for Q3 2020, compared to ¥2,955,415.04 in the same quarter last year, an increase of 871.5%[49] Assets and Liabilities - Total assets increased by 60.40% to CNY 1,637,546,015.44 compared to the end of the previous year[8] - The company's total assets reached CNY 1,191,027,130.17, significantly up from CNY 490,844,638.48 year-on-year[41] - The total liabilities decreased to CNY 207,235,989.60 from CNY 475,836,001.59, a decline of about 56.4%[34] - The company's total liabilities were reported at CNY 259,580,876.42, with current liabilities making up the majority[80] - The total liabilities and equity combined reached CNY 1,020,911,892.42, demonstrating a balanced financial structure[75] Shareholder Information - Net assets attributable to shareholders increased by 162.41% to CNY 1,430,310,025.84[8] - The total number of ordinary shareholders at the end of the reporting period was 19,675[11] - The largest shareholder, Nanjing Kesi Investment Development Co., Ltd., holds 52.18% of the shares[11] - The company plans to distribute cash dividends of ¥1.50 per share, totaling ¥16,932,000.00, based on a total share capital of 112,880,000 shares[21] Cash Flow - Net cash flow from operating activities increased by 220.07% to CNY 20,541,778.25 for the reporting period[8] - The company reported a net cash inflow from operating activities of ¥191,269,620.27, a 243.59% increase compared to the previous period[19] - Cash and cash equivalents increased by 112.57% to ¥192,300,947.92 due to increased cash flow from operating and financing activities[17] - The cash flow from operating activities for the current period is ¥191,269,620.27, a notable increase from ¥55,668,774.00 in the previous period[62] - Cash inflow from financing activities reached 902,469,817.36 CNY, compared to 126,949,134.90 CNY in the previous year, showing a substantial increase[66] Investment Activities - The company’s investment activities resulted in a net cash outflow of ¥617,163,777.06, a 1202.56% increase compared to the previous period[19] - The company reported cash inflow from investment activities of ¥355,491,279.99, compared to ¥17,065,605.64 in the previous period, indicating a significant increase in investment returns[64] - The company has reported a significant increase in investment income, reaching ¥90,732,249.02 compared to ¥9,516,914.56 in the previous period, highlighting improved investment performance[57] Research and Development - Research and development expenses for Q3 2020 were CNY 8,573,308.88, slightly up from CNY 8,072,875.07 in the previous year[44] - Research and development expenses for the year-to-date period were ¥28,334,561.33, an increase of 12.1% compared to ¥25,295,442.36 last year[52] - The company has increased its research and development expenses, with management expenses rising to ¥21,372,808.27 from ¥15,058,071.31 in the previous period, indicating a focus on innovation[57] Government Support - The company received government subsidies amounting to CNY 5,082,564.25 during the reporting period[10] Miscellaneous - The company has not reported any non-operational fund occupation by controlling shareholders or related parties during the reporting period[25] - The company has not conducted an audit for the Q3 report, which may affect investor confidence[82] - The company has adopted new revenue and leasing standards starting in 2020, necessitating adjustments to the financial statements[68]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥568,354,040.88, a decrease of 0.47% compared to the same period last year[22]. - The net profit attributable to shareholders was ¥93,567,769.32, representing a 37.88% increase year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥94,358,327.51, up 40.19% from the previous year[22]. - Basic earnings per share were ¥1.1052, reflecting a 37.87% increase year-on-year[22]. - The total operating revenue for the first half of 2020 was CNY 568,354,040.88, a decrease of 0.3% compared to CNY 571,013,807.33 in the same period of 2019[161]. - Net profit for the first half of 2020 was CNY 93,567,769.32, representing an increase of 37.9% compared to CNY 67,860,414.44 in the previous year[163]. - The company reported a total profit of CNY 96,471,964.72, compared to CNY 5,050,266.25 in the first half of 2019, marking an increase of around 1,810%[171]. Cash Flow and Assets - The net cash flow from operating activities was ¥170,727,842.02, an increase of 134.59% compared to the same period last year[22]. - The company's cash and cash equivalents increased by 35.45% compared to the beginning of the period, mainly due to an increase in net cash received from operating activities[37]. - The company's cash and cash equivalents increased to ¥122,531,442.16, representing 12.21% of total assets, up from 6.21% in the previous year, indicating a significant improvement in cash flow[55]. - The total current assets as of June 30, 2020, amounted to CNY 122,531,442.16, an increase from CNY 90,464,642.02 as of December 31, 2019[147]. - The company's cash and cash equivalents increased from CNY 74,001,400.98 to CNY 96,608,507.50, an increase of about 30.8%[154]. - The ending balance of cash and cash equivalents was 96,538,506.92 CNY, compared to 41,032,545.83 CNY at the end of the previous period[179]. Shareholder Information - The company reported a cash dividend of 1.5 RMB per 10 shares, totaling approximately 16.93 million RMB for all shareholders[5]. - The total number of shares used for the dividend calculation is 112,880,000 shares[5]. - The company has a total of 84,660,000 shares, with 100% being limited shares[123]. - The company reported a total of 58,900,000 shares held by the largest shareholder, Kesi Investment, representing 69.57% ownership[126]. - The second-largest shareholder, Zhou Jiuqing, holds 5,500,000 shares, accounting for 6.50% of total shares[126]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts[5]. - The company has outlined potential risks and corresponding countermeasures in its report[5]. - The company faces risks from exchange rate fluctuations, particularly as a significant portion of export revenue is denominated in USD and EUR[75]. - The company has implemented measures to mitigate risks from raw material price fluctuations, including production process upgrades and new product development[74]. - Environmental protection measures are in place, but the company may face risks if stricter regulations are introduced or if waste management systems fail[76]. Operational Structure - The company has a total of five wholly-owned subsidiaries, indicating a diversified operational structure[12]. - The company’s main business involves the R&D, production, and sales of daily chemical raw materials, including sunscreen agents and synthetic fragrances[33]. - The company maintains a strong competitive position in the sunscreen market, being one of the main manufacturers globally[39]. - The company has established stable partnerships with major multinational cosmetic companies, including Procter & Gamble and L'Oréal[35]. Compliance and Governance - The board of directors has confirmed the accuracy and completeness of the financial report[4]. - The financial report is prepared in accordance with relevant regulations and standards[4]. - The report is part of the company's commitment to transparency and accountability to its investors[4]. - The company has not experienced any major litigation or arbitration matters during the reporting period[89]. - There were no significant penalties or rectification situations reported during the period[91]. Research and Development - Research and development investment rose by 14.74% to CNY 19.76 million, reflecting the company's commitment to innovation[49]. - The company established over 120 patents, including 22 product invention patents, enhancing its technological capabilities[45]. - The company emphasizes technological innovation and quality management as key drivers for its development[36]. Environmental Compliance - The company has maintained compliance with environmental regulations, with no incidents of exceeding discharge limits or environmental accidents reported[114]. - The company’s major pollutant emissions include VOCs, with a total discharge of 6.12 tons, which is within the regulatory limits[110]. - The company has implemented upgrades to its VOCs collection and treatment systems, ensuring compliance with environmental standards[114].