Financial Performance - The company's revenue for Q1 2021 was ¥159,794,192.52, representing a 14.66% increase compared to ¥139,360,148.68 in the same period last year[9] - Net profit attributable to shareholders was ¥12,307,429.13, up 9.39% from ¥11,251,204.93 year-over-year[9] - The net profit after deducting non-recurring gains and losses decreased by 10.63% to ¥8,110,727.05 from ¥9,075,089.70 in the previous year[9] - Basic and diluted earnings per share were both ¥0.0356, down 17.97% from ¥0.0434 in the previous year[9] - Total operating revenue for the first quarter of 2021 was CNY 159,794,192.52, an increase from CNY 139,360,148.68 in the previous period[48] - Total operating costs for the first quarter of 2021 were CNY 152,355,199.14, up from CNY 128,984,308.61 in the previous period[49] - Net profit for the first quarter of 2021 was CNY 12,307,429.13, compared to CNY 11,251,204.93 in the same period last year, reflecting a growth of approximately 9.4%[50] Cash Flow - The net cash flow from operating activities was negative at -¥2,712,352.53, a decline of 120.97% compared to ¥12,932,403.78 in the same period last year[9] - The total cash inflow from operating activities was ¥188,293,121.58, compared to ¥161,429,388.82, representing an increase of 16.6%[57] - The net cash flow from financing activities was ¥31,067,859.74, down from ¥93,267,056.04 in the previous period, indicating a decrease of 66.7%[58] - Net cash flow from operating activities improved to $9,532,863.41 compared to $5,301,739.01 in the previous period, marking an increase of 79.5%[60] - Net cash flow from investment activities was negative at -$94,890,025.46, compared to -$1,112,965.60 previously[61] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,799,425,367.83, an increase of 1.37% from ¥1,775,053,582.60 at the end of the previous year[9] - The total amount of unused raised funds as of March 31, 2021, was CNY 202,542,777.08, with CNY 76,542,777.08 held in special accounts[39] - The total liabilities of the company as of March 31, 2021, were CNY 419,206,660.35, compared to CNY 407,142,304.25 at the end of 2020[41] - The company's equity attributable to shareholders reached CNY 1,380,218,707.48, up from CNY 1,367,911,278.35 at the end of 2020[42] Research and Development - Research and development expenses increased by 57.71% to CNY 8,693,526.85, indicating a stronger focus on R&D[20] - The company reported an increase in research and development expenses to CNY 8,693,526.85 from CNY 5,512,380.42, reflecting a commitment to innovation[49] - The company plans to increase R&D investment and has established a reasonable technology development and product innovation plan to enhance management capabilities and operational efficiency[25] Market and Competition - The company is facing risks from intensified market competition in the packaging industry, where the top 10 companies hold less than 10% market share[23] - The company has identified risks related to gross margin decline if it cannot enhance competitive advantages and improve pricing power[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,997[12] - The top ten shareholders held a combined 54.66% of the company's shares, with the largest shareholder holding 12.39%[13] Government Support - The company received government subsidies amounting to ¥4,694,561.24 during the reporting period[10] Compliance and Safety - The company has implemented safety production measures and introduced various quality management system certifications to mitigate fire risks associated with flammable paper materials[26] - The company has committed to improving compliance and safety production facilities through ongoing personnel training and upgrades[26] - There were no violations regarding external guarantees during the reporting period[32] Investment Activities - The company is expanding its smart and efficient printing and forming production line, with a project budget of 10,000 million yuan, and has achieved 19.15% progress as of June 30, 2021[30] - The company reported an investment cash outflow of ¥96,415,872.71, compared to ¥10,031,117.10 in the previous period, reflecting a substantial increase[58] Miscellaneous - The first quarter report was not audited, which may affect the reliability of the financial data presented[64] - The company has not encountered any overdue commitments from actual controllers, shareholders, or related parties during the reporting period[27] - The company has not reported any significant changes in project feasibility or expected benefits for the investment projects[30]

Financial Performance - The company's operating revenue for 2020 was approximately ¥714.44 million, a decrease of 18.02% compared to ¥871.48 million in 2019[17]. - The net profit attributable to shareholders for 2020 was approximately ¥65.30 million, down 24.07% from ¥86.00 million in 2019[17]. - The net cash flow from operating activities decreased by 42.67% to approximately ¥67.21 million in 2020, compared to ¥117.23 million in 2019[17]. - Basic earnings per share for 2020 were ¥0.23, a decline of 30.30% from ¥0.33 in 2019[17]. - The gross profit margin for the packaging manufacturing industry was 21.30%, down by 5.40% from the previous year[57]. - In 2020, the company's total revenue was approximately ¥714.44 million, a decrease of 18.02% compared to ¥871.48 million in 2019[55]. - The packaging manufacturing sector accounted for 100% of the total revenue, with the main products being cartons (86.06% of revenue) and boards (10.17% of revenue) showing declines of 18.61% and 21.65% respectively[55]. - The company reported a significant decrease in sales expenses, which fell by 84.11% to ¥7,137,876.56, due to the reclassification of transportation costs into operating costs[66]. Assets and Liabilities - Total assets at the end of 2020 increased by 39.22% to approximately ¥1.78 billion, compared to ¥1.27 billion at the end of 2019[17]. - The net assets attributable to shareholders rose by 44.97% to approximately ¥1.37 billion at the end of 2020, up from ¥943.61 million at the end of 2019[17]. - The company reported a 66.04% increase in inventory levels, rising from ¥1.25 million in 2019 to ¥2.08 million in 2020[58]. - The company's total liabilities amounted to RMB 407.14 million, representing a year-on-year growth of 22.86%[183]. - Cash and cash equivalents increased to ¥538,568,439.36, representing 30.34% of total assets, up from 26.05% at the beginning of the year, a 4.29% increase due to the issuance of 8.65 million new shares[73]. Investments and Acquisitions - The company acquired 100% of Shanghai Bocheng Machinery Co., Ltd. in November 2020, making it a wholly-owned subsidiary[62]. - The company invested ¥233,973,603.50 during the reporting period, a significant increase of 1,008.28% compared to the previous year[78]. - The company has committed to investment projects, with a total investment of RMB 100 million planned for the expansion of intelligent high-efficiency printing and forming[87]. - The cumulative investment in the intelligent high-efficiency printing project reached RMB 18.25 million, representing 18.25% of the planned investment by June 2021[87]. Market and Industry Outlook - The company anticipates facing various market risks and uncertainties in its future operations, as outlined in its strategic outlook[6]. - The Chinese packaging industry has become the second largest in the world, with a total output value exceeding ¥10 trillion in 2020, despite a year-on-year decline of 1.17%[96]. - The demand for high-end paper packaging is strong, driven by consumer upgrades and the need for lightweight, high-strength corrugated boxes[98]. - The industry is characterized by low concentration, with the top 100 printing companies generating a total revenue of ¥137.5 billion in 2019, indicating significant room for consolidation[99]. - The transition towards smart manufacturing and digital printing is expected to create new growth opportunities for the paper packaging sector[100]. Research and Development - Research and development expenses for 2020 amounted to ¥34,457,137.46, representing 4.82% of total revenue, a decrease from 4.53% in 2019[69]. - The company has established a technical R&D center to support continuous innovation and meet customer demands[114]. - The company has maintained a stable number of R&D personnel at 94, accounting for 18.22% of the workforce[68]. Corporate Governance and Compliance - The company has fulfilled all commitments made by actual controllers, shareholders, and related parties during the reporting period[129]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[139]. - The company has ensured compliance with the regulations regarding the management and use of raised funds, with no violations reported[91]. - The company has established a long-term commitment to transparency and accountability in its financial disclosures[135]. Shareholder Information - The company completed its initial public offering (IPO) of 86.5 million shares, increasing total share capital from 259.5 million to 346 million shares[177]. - The proportion of restricted shares after the IPO is 76.29%, while unrestricted shares account for 23.71% of total shares[177]. - Major shareholders include Zhang Yunxue with 12.39% (42,875,000 shares) and Shanghai Longerli Investment Development Co., Ltd. with 12.14% (42,000,000 shares)[186]. - The actual controllers of the company are Xu Longping and Zhang Yunxue, both of whom are natural persons and have not changed during the reporting period[191]. Environmental and Social Responsibility - The company has established a comprehensive environmental management system and has passed the ISO 14001:2015 certification[166]. - The company donated CNY 100,000 in cash and supplies to support pandemic control efforts during the COVID-19 outbreak[166]. - The company is committed to developing green and environmentally friendly packaging products, aligning with its strategic vision for future growth[105].

龙利得智能科技股份有限公司 2020 年第三季度报告全文 龙利得智能科技股份有限公司 2020 年第三季度报告 2020 年 10 月 1 龙利得智能科技股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人徐龙平、主管会计工作负责人朱敏及会计机构负责人(会计主管 人员)岳永红声明：保证季度报告中财务报表的真实、准确、完整。 2 龙利得智能科技股份有限公司 2020 年第三季度报告全文 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -18,883.90 | | | 越权审批或无正式批准文件的税收返还、减免 | 0.00 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 8,004,529.94 | | | 除上述各项之外 ...