Financial Performance - The company's operating revenue for 2021 was ¥772,426,330.87, representing a 15.07% increase compared to ¥671,281,713.76 in 2020[5]. - The net profit attributable to shareholders for 2021 was ¥103,251,884.67, a decrease of 1.09% from ¥104,391,622.97 in 2020[5]. - The net cash flow from operating activities increased by 118.33% to ¥134,187,875.69 in 2021, compared to ¥61,460,673.10 in 2020[5]. - The total assets at the end of 2021 were ¥1,427,039,642.32, reflecting a 5.31% increase from ¥1,355,129,036.70 at the end of 2020[5]. - The company reported a basic earnings per share of ¥0.72 for 2021, down 21.74% from ¥0.92 in 2020[5]. - The weighted average return on equity for 2021 was 8.13%, a decrease of 11.05% from 19.18% in 2020[5]. - The company's total operating revenue for 2021 was 772.43 million yuan, representing a year-on-year growth of 15.07%[46]. - The net profit for the year was 103 million yuan, remaining stable compared to the previous year, primarily due to significant increases in raw material prices[46]. Investment and R&D - The company invested 21.65 million yuan in R&D in 2021, marking a 28.43% increase from the previous year[47]. - Research and development expenses increased by 28.43% to ¥21,645,084.41, reflecting the company's commitment to enhancing R&D efforts[61]. - The company is currently developing high-performance functional fibers and masterbatches, with a projected R&D cycle from January 2020 to January 2024[66]. - The company is focusing on the development of new polyester functional materials, with ongoing projects aimed at enhancing product performance and meeting customer needs[66]. - The company has expanded its market into non-fiber fields, successfully developing color masterbatch products for PE films, PET films, and automotive injection parts[31]. - The company is committed to increasing R&D investment to explore new markets and continuously deepen its engagement in the masterbatch industry and related fields[31]. Production and Capacity - The company is expanding its production capacity, which requires effective market development to avoid risks associated with underutilization of new capacity[8]. - The company maintained a leading position in the domestic market with an annual production capacity of 53,700 tons of fiber masterbatch[28]. - The company has two production bases located in Suzhou and Siyang, focusing on the research and development of fiber masterbatch technology[28]. - The company has implemented an intelligent integrated production process, significantly improving production efficiency and process stability[40]. - The company maintains a production model based on sales orders, ensuring that production aligns with customer demand[34]. Market and Competition - The company operates in a competitive environment, necessitating ongoing investment in research and development to sustain growth[5]. - The company has been recognized as the leader in the fiber masterbatch industry in China, with a significant market share[28]. - The company has established strong relationships with key suppliers to ensure the stability and quality of raw material supplies[36]. - The company has established a strong customer base, with stable relationships with major domestic fiber manufacturers, leading to procurement inertia[43]. Risk Management - The company faces risks related to core technology leakage, which could impact its operational stability[6]. - Fluctuations in raw material prices significantly affect the company's operating results, as raw material costs constitute a high proportion of the main business costs[7]. - The company is committed to addressing risks associated with future plans and projections, urging investors to recognize the differences between plans, forecasts, and commitments[5]. Governance and Management - The company has established a governance structure consisting of the shareholders' meeting, board of directors, and supervisory board to protect the rights of shareholders and creditors[168]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[104]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations[110]. - The company has established a performance evaluation system for senior management, focusing on annual performance, job responsibilities, and innovation[106]. - The company has a diverse management team with extensive experience in various sectors, including finance and engineering[132]. Employee Relations - The total number of employees at the end of the reporting period was 408, with 246 in the parent company and 162 in major subsidiaries[149]. - The company emphasizes a salary policy that reflects job value and individual contributions, encouraging long-term service and shared growth[150]. - The company has established a comprehensive training system to enhance employee skills and support personal and organizational growth[153]. - The company has not engaged in any labor outsourcing during the reporting period[154]. Environmental and Social Responsibility - The company strictly adheres to environmental protection laws and has not faced any penalties for violations during the reporting period[165]. - The company has received various environmental certifications, including ISO14000 and ISO18000, demonstrating its commitment to environmental management[169]. - The company has actively participated in social responsibility initiatives, including providing financial support to impoverished students in Guizhou Province[170]. - The company has engaged in community service and charitable activities, including donations during the pandemic and organizing blood donation events[169]. Financial Management - The company has established a profit distribution policy to ensure stable and continuous returns for investors, enhancing future return capabilities[183]. - The company has committed to measures to mitigate the dilution of immediate returns for shareholders, including the timely implementation of fundraising investment projects[181]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[185]. - The company has appointed Lixin Certified Public Accountants as its auditor, with an audit fee of 600,000 CNY for the year and a continuous service period of 4 years[8].

苏州宝丽迪材料科技股份有限公司 2021 年第三季度报告 苏州宝丽迪材料科技股份有限公司 2021 年第三季度报告 二零二一年·十月 1 苏州宝丽迪材料科技股份有限公司 2021 年第三季度报告 证券代码：300905 证券简称：宝丽迪 公告编号：2021-060 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 董事、监事、高级管理人员是否存在对季度报告内容存在异议或无法保证其真实、准确、完整的情况 □ 是 √ 否 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 4.审计师发表非标意见的事项 □ 适用 √ 不适用 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年 | 年初至 ...

Financial Performance - The company's operating revenue for the reporting period was ¥357,630,553.15, representing a year-on-year increase of 21.99% compared to ¥293,154,677.87[21]. - The net profit attributable to shareholders was ¥56,937,390.32, reflecting a 25.76% increase from ¥45,275,491.43 in the same period last year[21]. - The net profit after deducting non-recurring gains and losses was ¥55,574,430.78, which is a 35.21% increase from ¥41,100,892.24[21]. - The operating cost increased to CNY 273,869,662.50, reflecting a year-on-year rise of 22.21% from CNY 224,090,216.16[55]. - Research and development investment reached CNY 10,013,320.30, marking a 27.16% increase from CNY 7,874,658.05[55]. - The company reported a total comprehensive income of CNY 86,677,395.52 for the first half of 2021, compared to CNY 52,115,617.82 in the first half of 2020[158]. Capital Structure - The company reported a registered capital increase from 72 million RMB to 144 million RMB during the reporting period[20]. - The total number of shares increased from 72,000,000 to 144,000,000 due to a capital reserve conversion, resulting in a 100% increase in total shares[121]. - The basic earnings per share decreased from 1.83 RMB to 0.92 RMB after the share increase[122]. - The diluted earnings per share also decreased from 1.83 RMB to 0.92 RMB following the capital increase[122]. - The net asset value per share for ordinary shareholders decreased from 9.56 RMB to 4.78 RMB after the share increase[122]. Cash Flow and Liquidity - The net cash flow from operating activities was -¥12,971,360.11, a significant decrease of 136.19% compared to ¥35,843,234.24 in the previous year[21]. - The company reported a net increase in cash and cash equivalents of CNY -331,380,560.10, a drastic change of 1253.19% from CNY -24,488,854.39[55]. - The total cash and cash equivalents at the end of the period were $520,448,302.92, down from $796,860,934.75 at the beginning of the period, reflecting a decrease of approximately 34.6%[166]. - The company distributed dividends totaling $72,000,000.00 during the period, which is a significant cash outflow impacting overall liquidity[166]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,346,033,535.24, a decrease of 0.67% from ¥1,355,129,036.70 at the end of the previous year[23]. - The company's current assets decreased to CNY 994,556,619.25 from CNY 1,118,592,127.36, representing a decline of approximately 11.1%[141]. - The company's non-current assets rose to CNY 351,476,915.99 from CNY 236,536,909.34, marking an increase of about 48.5%[142]. - Total liabilities increased to ¥81,450,946.28 from ¥68,730,018.00, marking a rise of 18.66%[148]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[6]. - The company has outlined potential risks and corresponding mitigation strategies in the report[7]. - The company faces risks related to technological innovation, core technology leakage, raw material price fluctuations, and macroeconomic volatility[84]. - The company has implemented measures to mitigate risks, including enhancing R&D, protecting core technologies, and optimizing operational management[86]. Corporate Governance - The board of directors confirmed the accuracy and completeness of the financial report for the half-year period[5]. - The company has a commitment to maintaining transparency in its financial disclosures[17]. - The financial report for the first half of 2021 has not been audited[138]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[131]. Research and Development - The company has focused on the research, production, and sales of fiber masterbatches, which are core raw materials for chemical fiber liquid coloring and functional modification[30]. - The company emphasizes continuous R&D investment to enhance product competitiveness and meet customer demands[86]. - Research and development expenses for the first half of 2021 were ¥10,013,320.30, compared to ¥7,874,658.05 in the previous year, an increase of 27.14%[151]. Market and Operations - The company operates in the plastic materials sector, focusing on masterbatch products[14]. - The company is actively exploring new markets, including applications of color masterbatches in automotive injection molding and PET films[31]. - The company has established stable partnerships with major domestic chemical fiber manufacturers, enhancing customer retention and procurement inertia[49]. - The company maintains a "sales-based production" model, producing based on customer orders, ensuring quality control through sampling tests[36].

Financial Performance - The company's revenue for Q1 2021 was ¥177,232,088.07, representing a 58.01% increase compared to ¥112,163,850.63 in the same period last year[9]. - Net profit attributable to shareholders was ¥27,466,775.36, an increase of 85.07% from ¥14,841,040.03 year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥26,794,592.21, showing a 99.89% increase compared to ¥13,404,366.87 in the previous year[9]. - The basic earnings per share rose to ¥0.38, up 72.73% from ¥0.22 in the same period last year[9]. - The company achieved operating revenue of CNY 177,232,088.07, representing a year-on-year growth of 58.01%[26]. - The net profit attributable to shareholders reached CNY 27,466,775.36, an increase of 85.07% compared to the previous year[24]. - The company experienced a substantial increase in operating profit, which reached CNY 33,780,554.93, a growth of 79.41%[23]. - Total operating revenue for Q1 2021 was CNY 177,232,088.07, an increase of 58.0% compared to CNY 112,163,850.63 in the same period last year[50]. - Net profit for Q1 2021 reached CNY 27,466,775.36, representing a 84.6% increase from CNY 14,841,040.03 in Q1 2020[52]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,389,136,188.61, a 2.51% increase from ¥1,355,129,036.70 at the end of the previous year[9]. - The total liabilities increased from CNY 100,559,172.24 on December 31, 2020, to CNY 107,099,548.79 on March 31, 2021, representing an increase of approximately 6.06%[44]. - The total equity attributable to the parent company increased from CNY 1,254,569,864.46 on December 31, 2020, to CNY 1,282,036,639.82 on March 31, 2021, reflecting an increase of approximately 2.19%[45]. - The total assets as of March 31, 2021, amounted to CNY 1,389,136,188.61, compared to CNY 1,355,129,036.70 on December 31, 2020, showing an increase of approximately 2.51%[43]. Cash Flow - The net cash flow from operating activities was negative at -¥53,090,869.12, a significant decrease of 1,495.75% compared to ¥3,803,746.35 in the same period last year[9]. - The company's cash and cash equivalents decreased from CNY 874,148,049.99 on December 31, 2020, to CNY 786,257,627.57 on March 31, 2021, representing a decrease of approximately 10.03%[42]. - The company reported a net cash flow from operating activities of -¥53,090,869.12, a decline from a positive cash flow of ¥3,803,746.35 in the previous period[59]. - Cash and cash equivalents at the end of the period totaled ¥773,408,927.57, down from ¥867,067,749.99 at the beginning of the period, a decrease of about 10.8%[60]. Research and Development - Research and development expenses surged by 85.15% to CNY 4,900,096.19, indicating increased investment in R&D[23]. - The company is continuing the development of several key R&D projects, including a full-spectrum color functional composite masterbatch aimed at reducing energy consumption and wastewater generation[27]. - The company is also developing a smart color management system to improve color matching efficiency and reduce resource waste[27]. - Research and development expenses for Q1 2021 were CNY 4,900,096.19, compared to CNY 2,646,537.89 in Q1 2020, indicating a significant investment in innovation[51]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,533[13]. - The sales amount from the top five customers reached 60,853,191.63 yuan, accounting for 34.34% of total revenue, an increase from 33.69% in the same period last year[29]. - The procurement amount from the top five suppliers was 62,991,728.44 yuan, making up 44.03% of total procurement, up from 21.76% year-on-year[28]. Operational Status - The company has maintained normal production operations, executing its annual business plan without disruptions[30]. - There are no significant risks or difficulties affecting the company's future operations reported during the period[30]. - The company has not experienced significant changes in its core competitiveness or key technical personnel during the reporting period[28]. Fund Management - The total amount of idle raised funds as of March 31, 2021, is CNY 618,104,483.10, which will be used strictly according to the planned purposes[33]. - The total amount of funds raised by the company is 81,190.87 million yuan, with 7,297.56 million yuan invested in the current quarter[32]. - The cumulative amount of raised funds invested to date is 19,789.96 million yuan, representing 24.4% of the total raised funds[32].

Financial Performance - The company's operating revenue for 2020 was ¥671,281,713.76, a decrease of 5.73% compared to ¥712,049,274.06 in 2019[17]. - Net profit attributable to shareholders for 2020 was ¥104,391,622.97, an increase of 3.71% from ¥100,658,332.97 in 2019[17]. - The net cash flow from operating activities decreased by 13.90% to ¥61,460,673.10 in 2020 from ¥71,381,584.41 in 2019[17]. - The total assets at the end of 2020 reached ¥1,355,129,036.70, representing a 202.41% increase from ¥448,115,419.98 at the end of 2019[17]. - The net assets attributable to shareholders increased by 233.60% to ¥1,254,569,864.46 at the end of 2020 from ¥376,069,571.29 at the end of 2019[17]. - The basic earnings per share for 2020 was ¥1.83, a decrease of 1.61% from ¥1.86 in 2019[17]. - The company reported a total of ¥7,056,286.57 in non-recurring gains and losses for 2020, compared to ¥5,141,746.00 in 2019[24]. - The total operating revenue for 2020 was 671.28 million yuan, a decrease of 5.73% compared to 712.05 million yuan in 2019[51]. - The net profit for 2020 was 104 million yuan, reflecting a year-on-year increase of 3.81%[47]. Dividend Distribution - The company reported a profit distribution plan to distribute a cash dividend of 10 RMB per 10 shares (including tax) based on a base of 72,000,000 shares, with no bonus shares issued[10]. - The cash dividend distribution plan for 2020 was set at RMB 10 per 10 shares, totaling RMB 72,000,000.00, which represents 68.97% of the net profit attributable to shareholders[96]. - The company has a cumulative undistributed profit of RMB 218,457,241.96 as of December 31, 2020[94]. - The total cash dividend for the reporting period, including other methods, was RMB 72,000,000.00, representing 100% of the total distributable profit[93]. - The company has maintained a consistent cash dividend policy, with the 2020 distribution being fully compliant with its articles of association[93]. Technological Innovation and R&D - The company emphasized the importance of continuous technological innovation to meet increasing customer demands in the fiber masterbatch industry, which is crucial for maintaining profitability[8]. - The company has accumulated multiple core technologies and patents, which are essential for its stable growth and competitive advantage[8]. - The company focuses on customer demand-driven research and development, adjusting product formulations based on market analysis[28]. - The company’s research and development efforts led to the successful development of over ten types of specialty fiber masterbatches, including energy-storing luminescent and antibacterial variants[28]. - Research and development investment for the year totaled approximately 16.85 million yuan, an increase of 16.17% year-on-year[47]. - The company is continuing the development of high-performance functional fibers, which include flame retardant and antibacterial properties, to meet market demand[63]. - The company aims to develop a smart color management system to improve color matching efficiency and reduce resource waste in the production process[63]. Market and Sales Performance - The company experienced a steady increase in fiber masterbatch sales from 2017 to 2020, driven by the growing demand in the downstream chemical fiber industry[9]. - The company reported that the demand for fiber masterbatch is expected to continue growing, supported by the gradual replacement of traditional dyeing techniques by liquid coloring technology[9]. - In 2020, the company achieved a product sales volume of 44,300 tons, representing a year-on-year increase of 6.97%[47]. - The revenue from functional masterbatches increased by 74.57% year-on-year, reaching 66.14 million yuan[51]. - The company maintains a leading position in the fiber masterbatch industry, benefiting from the rapid development of the chemical fiber sector in China[32]. Risks and Challenges - The company faced risks related to raw material price fluctuations, as the cost of materials like PET and PBT accounted for a significant portion of the main business costs[9]. - The company highlighted the potential impact of macroeconomic fluctuations on its operations, particularly due to the close relationship between its products and the textile industry[9]. - The company is aware of the risks associated with future plans and projections, advising investors to maintain a sufficient level of risk awareness[8]. - The company has identified risks including technological innovation risks, core technology leakage risks, and raw material price volatility risks that could impact its financial performance[88]. Corporate Governance and Management - The company has established a governance structure to protect the rights of shareholders and creditors, ensuring compliance with relevant laws[132]. - The company has a clear and stable management team, with no significant adverse changes in the last two years[198]. - The company has a focus on expanding its market presence and enhancing product development capabilities[170]. - The company aims to improve its corporate governance and talent structure to support future growth initiatives[165]. - The company has a transparent performance evaluation system for senior management, focusing on annual performance, innovation, and value creation[191]. Shareholder and Stock Information - The company completed its initial public offering (IPO) of 18 million shares at a price of 49.32 RMB per share, increasing total shares from 54 million to 72 million[141]. - Major shareholders include Xu Wenda with 19,131,113 shares and Suzhou Juxingbao with 16,358,879 shares, both subject to lock-up until November 4, 2023[146]. - The company has 18 million unrestricted shares, representing 25% of the total shares post-IPO[141]. - The total number of shareholders increased to 17,770 by the end of the reporting period[150]. - The company’s total share capital increased by 33.33% following the IPO, resulting in a dilution of earnings per share and net assets per share[143]. Social Responsibility and Compliance - The company actively engages in social responsibility, including donations of medical masks during the pandemic and support for charitable projects[136]. - The company has not been penalized for environmental violations and adheres to national environmental protection laws[137]. - The company emphasizes the importance of social responsibility while balancing the interests of shareholders, employees, and society[192].