Financial Performance - The company's operating revenue for 2021 was ¥455,406,141.67, representing a 19.72% increase compared to ¥380,377,950.03 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥107,702,011.39, up 15.76% from ¥93,041,755.31 in 2020[19]. - The net profit after deducting non-recurring gains and losses was ¥82,851,545.08, a significant increase of 31.23% from ¥63,136,264.71 in 2020[19]. - The total assets at the end of 2021 reached ¥1,152,426,845.46, an 85.02% increase from ¥622,872,098.53 at the end of 2020[19]. - The net assets attributable to shareholders increased by 109.56% to ¥993,153,291.92 from ¥473,916,816.40 in 2020[19]. - The basic earnings per share for 2021 was ¥1.69, down 9.14% from ¥1.86 in 2020[19]. - The weighted average return on equity decreased to 12.27% from 21.77% in 2020, reflecting a decline of 9.50%[19]. - The company reported a negative cash flow from operating activities of ¥67,745,210.08, a decrease of 20.13% compared to ¥84,817,799.53 in 2020[19]. - The company received government subsidies amounting to ¥23,103,562.64 in 2021, down from ¥35,891,489.20 in 2020[25]. - In 2021, the company achieved a revenue of CNY 455.41 million, representing a year-on-year growth of 19.72%[56]. - The net profit attributable to shareholders was CNY 107.70 million, an increase of 15.76% compared to the previous year[56]. Market Position and Products - The company focuses on the research, production, and sales of metal cutting tools and supporting intelligent CNC equipment, with a product line that includes die-cutting tools, sawing tools, and cutting tools[36]. - The company has over 20 years of technical accumulation and industrial application experience in metal materials and heat treatment, establishing a leading market position in die-cutting tools[43]. - The heavy-duty die-cutting tools have maintained the highest market share in both international and domestic markets for several consecutive years, recognized as a champion product in Fujian Province[43]. - The company’s heavy-duty die-cutting tools have achieved international leading technology levels, as certified by the China Light Industry Federation in 2019[43]. - The company’s intelligent CNC equipment includes fully automatic circular saw machines and flexible material cutting machines, characterized by high precision and efficiency[38]. - The company has developed a complete product line of cutting tools, including heavy-duty die-cutting tools, bimetal band saw blades, and new products like CNC fully automatic circular saws, which will inject new momentum into business expansion[49]. - The company’s innovative breakthroughs in metal materials and heat treatment processes have led to the successful domestic replacement of expensive imported heavy-duty die-cutting tools[43]. - The market for high-end metal cutting tools in China remains largely untapped, presenting significant opportunities for domestic replacement[34]. Research and Development - R&D investment reached CNY 15.80 million, a 29.86% increase year-on-year, focusing on production process optimization and new product development[59]. - The company completed the development of hard alloy band saw blades, enhancing product competitiveness[73]. - Ongoing R&D projects include high-speed CNC band saws and flexible material cutting machines, aimed at expanding product offerings and market presence[73]. - The company plans to increase R&D investment to drive technological innovation, focusing on new materials and heat treatment, with a structured approach to technology development[105]. - The company has a commitment to enhancing its research and development capabilities in metal cutting tools and related technologies[135]. Governance and Management - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the legal representative and accounting personnel[3]. - The company has established a sound corporate governance structure, with all directors, supervisors, and senior management personnel elected according to legal regulations, ensuring legal and effective procedures[126]. - The company maintains independence in business, assets, personnel, institutions, and finance from its controlling shareholders and actual controllers, ensuring a complete business system and the ability to operate independently in the market[124]. - The company has independent financial departments and accounting systems, with no shared bank accounts with controlling shareholders, fulfilling tax obligations as an independent taxpayer[129]. - The company has a diverse board with members holding various academic qualifications, including PhDs and EMBA degrees[135][136][137]. - The company has established a governance structure that promotes effective checks and balances, enhancing corporate governance levels[179]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities, with specific emissions monitored[172]. - The concentration of hydrochloric acid emissions was recorded at 2.73 mg/m³, compliant with the relevant standards[172]. - The company reported no exceedances in pollutant discharge limits during the evaluation period[172]. - The company has implemented measures to ensure compliance with environmental standards and regulations[172]. - The company achieved stable wastewater treatment results, meeting the Class B discharge standards of the "Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant" (GB/T31962-2015) with high pollutant removal rates[175]. Shareholder Relations and Commitments - The company reported a total shareholding of 46,700,000 shares held by directors and senior management at the end of the reporting period[133]. - The company has established clear guidelines for share transfer and management to maintain regulatory compliance[187]. - The company will compensate investors for direct economic losses caused by false statements or omissions in the prospectus, as determined by regulatory authorities[197]. - The company commits to actively negotiate and compensate investors, particularly small and medium-sized investors, for measurable economic losses[197]. - The company will establish an investor compensation fund to facilitate the compensation process[197]. Future Outlook and Strategy - The company anticipates that the metal cutting tool industry will continue to mature, with increased focus on high-end manufacturing and consolidation through mergers and acquisitions[100][101]. - The company plans to enhance its product offerings and integrated solutions to meet diverse customer needs in the metal cutting tool market[100]. - The company aims to establish a series of metal cutting tools and integrated CNC equipment, following the development path of international leaders like Sandvik[102]. - The company plans to enhance profitability by continuing to implement a product series and equipment integration strategy, leveraging its key technologies in the metal cutting tool industry[104]. - The company will actively promote the construction of projects funded by raised capital to achieve expected benefits as soon as possible[198].

Financial Performance - The company's operating revenue for Q3 2021 was ¥106,859,943.17, representing a 4.79% increase year-over-year, while the year-to-date revenue reached ¥346,476,775.46, up 25.30% compared to the same period last year[2] - Net profit attributable to shareholders for Q3 2021 was ¥21,756,501.40, a 2.37% increase year-over-year, with a year-to-date net profit of ¥88,166,026.77, reflecting a 16.01% growth[2] - The net profit excluding non-recurring gains and losses for Q3 2021 was ¥19,138,169.71, an 18.16% increase year-over-year, while the year-to-date figure was ¥66,871,180.29, up 43.27% compared to the previous year[2] - The company's net profit for the period was CNY 101,567,489.40, representing a growth of 14.7% compared to CNY 88,551,499.15 in the previous year[21] - The net profit for the third quarter of 2021 was CNY 88,166,026.77, an increase of 16.3% compared to CNY 75,996,560.16 in the same period last year[22] - The total comprehensive income for the third quarter was CNY 88,166,026.77, reflecting a growth of 16.3% from CNY 75,996,560.16 year-over-year[23] Assets and Liabilities - The company's total assets at the end of Q3 2021 were ¥1,158,931,991.52, an 86.06% increase from the end of the previous year, and the equity attributable to shareholders was ¥973,617,307.30, up 105.44%[3] - Total assets reached CNY 1,158,931,991.52, a substantial increase from CNY 622,872,098.53 at the end of 2020, reflecting a growth of 85.7%[17] - The company's total liabilities increased to CNY 185,314,684.22, up from CNY 148,955,282.13, marking a rise of 24.4%[18] - The equity attributable to shareholders rose to CNY 973,617,307.30, compared to CNY 473,916,816.40 at the end of 2020, an increase of 105.5%[18] Revenue and Sales Growth - Sales revenue from metal cutting tools increased by 29.61% year-over-year, with heavy-duty die-cutting tools maintaining a leading global market share[7] - The sales revenue of CNC fully automatic circular saws grew by 65.87% year-over-year, indicating strong demand in the high-end CNC equipment market[7] - The company received CNY 263,006,468.96 from sales of goods and services, up from CNY 194,486,753.42 in the previous year, indicating a 35.3% increase[25] Cash Flow and Expenses - Cash inflow from operating activities totaled CNY 317,878,427.37, compared to CNY 248,808,846.18 in the prior year, marking a 27.7% increase[25] - The net cash flow from operating activities was CNY 23,587,070.85, slightly down from CNY 25,107,703.15 in the same quarter last year[26] - Cash inflow from investment activities was CNY 221,835,746.83, while cash outflow was CNY 649,437,484.79, resulting in a net cash flow of -CNY 427,601,737.96[26] - Cash inflow from financing activities amounted to CNY 471,633,450.25, with a net cash flow of CNY 371,679,498.45 after outflows[27] - The ending cash and cash equivalents balance was CNY 35,609,123.68, compared to CNY 25,650,593.43 at the end of the same quarter last year[27] Research and Development - Research and development expenses for the quarter were CNY 11,506,182.71, up 44.5% from CNY 7,987,681.28 in the previous year[21] - The gross profit margin for the company's products increased by 1.59 percentage points year-over-year, attributed to continuous R&D investment and technological innovation[7] Earnings Per Share - The basic earnings per share for Q3 2021 was ¥0.33, down 23.26% year-over-year, while the diluted earnings per share remained the same[2] - Basic and diluted earnings per share for the quarter were both CNY 1.40, down from CNY 1.52 in the previous year[23] Tax and Other Financial Information - The company reported a tax expense of CNY 13,401,462.63, compared to CNY 12,554,938.99 in the previous year, reflecting an increase of 6.8%[22] - The report for the third quarter was not audited, indicating a need for caution in interpreting the financial data[34] - The company has not disclosed any new product developments or market expansion strategies in this report[34]

Financial Performance - The company's operating revenue for the reporting period was ¥239,616,832.29, representing a 37.28% increase compared to ¥174,552,110.99 in the same period last year[23]. - The net profit attributable to shareholders was ¥66,409,525.37, up 21.31% from ¥54,744,160.31 year-on-year[23]. - The net profit after deducting non-recurring gains and losses was ¥47,733,010.58, reflecting a significant increase of 56.60% from ¥30,480,189.50 in the previous year[23]. - The net cash flow from operating activities surged by 210.61% to ¥31,794,655.82, compared to ¥10,236,124.95 in the same period last year[23]. - Total assets at the end of the reporting period reached ¥1,113,712,099.77, marking a 78.80% increase from ¥622,872,098.53 at the end of the previous year[23]. - The net assets attributable to shareholders increased by 100.85% to ¥951,860,805.90, compared to ¥473,916,816.40 at the end of the previous year[23]. - The company reported a basic and diluted earnings per share of ¥1.09, unchanged from the previous year[23]. - The total operating revenue for the first half of 2021 was CNY 239.62 million, an increase of 37.4% compared to CNY 174.55 million in the first half of 2020[183]. - The total operating costs for the first half of 2021 were CNY 183.89 million, up 33.4% from CNY 138.07 million in the same period last year[183]. - The company's total comprehensive income for the first half of 2021 was CNY 66.31 million, compared to CNY 54.64 million in the first half of 2020, reflecting an increase of 21.4%[190]. Market and Product Development - The company is focused on expanding its market presence and enhancing product development capabilities[5]. - The company is engaged in the research, production, and sales of metal cutting tools and supporting intelligent CNC equipment, with a focus on product series development[31]. - The company has launched intelligent CNC equipment to complement its metal cutting tools, facilitating one-stop procurement for customers and strengthening its competitive position[47]. - The company is focusing on developing a series of metal cutting tools and integrated cutting solutions, which is a key trend in the industry[43]. - The company’s main products include die-cutting tools, saw blades, and cutting tools, which are widely used across various industries such as light industry, equipment manufacturing, and automotive[32]. - The company has developed a complete product line, including heavy-duty die-cutting tools, bi-metal band saw blades, and various new products, enhancing its ability to meet diverse customer needs[54]. Research and Development - R&D investment increased by 69.95% to CNY 7.83 million, focusing on production process optimization and new product development[64]. - The company focuses on R&D innovation in new products, processes, and materials, aiming to strengthen its market position and expand future growth opportunities[59]. - The management team has over 20 years of experience in the metal cutting tool industry, enabling the company to make timely and effective business decisions[55]. - The company has completed over 20 process optimizations and technical upgrades, increasing the production capacity of the bimetal band saw blade line from 7.6 million meters to 9 million meters without expanding the production area[62]. Corporate Governance and Compliance - The management team assures the accuracy and completeness of the financial report[4]. - The company has established a governance structure that promotes effective checks and balances, enhancing corporate governance levels[124]. - The company has implemented a comprehensive management system, certified by ISO9001:2015 and ISO14001:2015, enhancing operational efficiency and stability[55]. - The company has not engaged in any major lawsuits or arbitration matters during the reporting period[134]. - There were no significant administrative penalties or environmental issues reported during the reporting period[124][135]. Environmental Responsibility - Fujian Heng'erda New Materials Co., Ltd. is classified as a key pollutant discharge unit by the environmental protection department[117]. - The company has implemented various environmental protection facilities to ensure stable compliance with emission standards, including a wastewater treatment station and dust removal systems[118]. - The wastewater treatment process at the Xindu plant utilizes a physical-chemical method with a high pollutant removal rate, achieving compliance with the Grade 3 discharge standard[119]. - The company has established measures to reduce noise pollution, ensuring that factory boundary noise meets the standards set by the Industrial Enterprises Boundary Environmental Noise Emission Standards[119]. - The company’s emissions of hydrochloric acid, lead compounds, and non-methane total hydrocarbons have been reported to be within the limits of the applicable standards[117]. Financial Position and Investments - Cash and cash equivalents increased to ¥158.21 million, representing 14.21% of total assets, up from 12.35% the previous year[72]. - Accounts receivable rose to ¥151.25 million, making up 13.58% of total assets, with a significant increase attributed to concentrated sales collections in the second half of the year[73]. - Inventory decreased to ¥183.11 million, now 16.44% of total assets, down from 25.92% year-on-year[73]. - Total investments during the reporting period reached ¥377.37 million, a staggering increase of 707.88% compared to the previous year[77]. - The company reported a short-term loan of ¥4.31 million, down from ¥39.82 million, reflecting a repayment of bank loans[73]. Shareholder Information - The company completed its initial public offering (IPO) of 16,670,000 shares at a price of RMB 29.45 per share on February 8, 2021, increasing its registered capital from RMB 50 million to RMB 66.67 million[154]. - The total number of common shareholders at the end of the reporting period is 15,168[161]. - The largest shareholder, Lin Zhenghua, holds 66.30% of the shares, totaling 44,200,000 shares[161]. - The company has not implemented any share buyback or reduction strategies during the reporting period[156]. - The company plans to release 50 million restricted shares on February 8, 2024, as part of its IPO lock-up period[157].

Group 1: Event Details - The company will participate in the "2021 Annual Fujian Listed Companies Investor Online Collective Reception Day" [2] - The event will be held on May 14, 2021, from 15:30 to 17:00 [2] - Investors can join the event through the "Panjing Network Investor Relations Interactive Platform" [2] Group 2: Attendees - The attendees include the Chairman and General Manager, Mr. Lin Zhenghua [2] - The attendees also include the Director, Vice General Manager, and Chief Financial Officer, Mr. Shen Qunbin [2] - Additionally, the Vice General Manager and Board Secretary, Mr. Fang Junfeng, will be present [2] Group 3: Company Assurance - The company and its board members guarantee the accuracy and completeness of the disclosed information [2] - There are no false records, misleading statements, or significant omissions in the announcement [2]

福建恒而达新材料股份有限公司 2020 年年度报告全文 福建恒而达新材料股份有限公司 2020 年年度报告 2021-010 2021 年 03 月 1 福建恒而达新材料股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 本报告中涉及的未来发展的展望等前瞻性陈述不构成公司对投资者的实质 承诺，敬请广大投资者理性投资，注意风险。 公司在本年度报告中详细阐述了未来可能发生的有关风险因素及对策，详 见本报告"第四节 经营情况讨论与分析"之"九、公司未来发展的展望"中的 "（四）公司可能面对的风险及应对措施"，敬请广大投资者予以关注。 公司经本次董事会审议通过的利润分配预案为：以 6,667 万股为基数，向全 体股东每 10 股派发现金红利 4.2 元（含税），送红股 0 股（含税），以资本公积 金向全体股东每 10 股转增 0 股。 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 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。 公司负责人林正华、主管会计工作负责人沈群宾及会计机构负责人(会计主 管人员)林志侠声明：保证本年度报告中财务报告的 ...