广东奇德新材料股份有限公司 证券代码：300995 证券简称：奇德新材 公告编号：2023-028 关于召开 2022 年度业绩说明会公告 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。 广东奇德新材料股份有限公司(以下简称"公司"）2022 年年度报告 2023 年 4 月 27 日披露于巨潮资讯网（www.cninfo.com.cn）。为便于广大投资者更加 深入全面了解公司 2022 年度生产经营情况和发展战略等情况，公司将于 2023 年 5 月 16 日（星期二）下午 15:00 至 16:00 召开业绩说明会，就投资者普遍关 心的问题进行交流。 一、说明会类型 本次业绩说明会将通过网络文字互动方式召开，公司将针对 2022 年年度业 绩和经营情况与投资者进行交流，并对投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 会议召开时间：2023 年 5 月 16 日（星期二）下午 15:00 至 16:00 会议召开 网 址 ： 深 圳 证 券 交 易 所 " 互 动 易 " 平 台 " 云 访 谈 " 栏 目 （http://irm.cninf ...

Financial Performance - The company's overall revenue decreased by 19.86% due to a 64.60% drop in export sales and slightly declining domestic sales[4]. - The company's operating revenue for 2022 was ¥256.34 million, a decrease of 19.86% compared to ¥319.89 million in 2021[22]. - The net profit attributable to shareholders for 2022 was ¥16.40 million, down 49.26% from ¥32.33 million in 2021[22]. - The basic earnings per share for 2022 was ¥0.19, a decline of 55.81% from ¥0.43 in 2021[22]. - The total assets at the end of 2022 were ¥761.13 million, representing a decrease of 5.83% from ¥808.29 million at the end of 2021[22]. - The total net profit after deducting non-recurring gains and losses for 2022 was ¥10.04 million, a decrease of 62.79% from ¥26.98 million in 2021[22]. - The company's gross profit margin decreased to 23.37%, down 2.15 percentage points from the previous year, primarily due to reduced production volume and increased production costs[63]. - The company's revenue from the plastic industry was approximately ¥223.68 million, with a year-on-year decrease of 22.27%[67]. - Revenue from the overseas market reached ¥15.63 million, reflecting a significant decline of 64.60% year-on-year[68]. - The company's direct sales in the domestic market amounted to ¥240.72 million, with a year-on-year decrease of 12.70%[68]. Research and Development - R&D expenses accounted for 6.25% of total revenue, up from 4.83% in the previous year, representing a 29.44% increase in R&D investment[5]. - The company reported a 3.73% increase in R&D investment compared to the previous year, despite a challenging environment and a decline in total revenue[49]. - The company has over 60 patented technologies, including 20 invention patents, and has established several research and development platforms, enhancing its competitive edge in the modified plastics industry[38]. - The company focuses on high-end and differentiated product development, aligning with national strategic emerging industry policies, and has achieved significant competitive advantages in high-end markets[38]. - The company aims to replace traditional materials with plastics in various applications, contributing to energy conservation and environmental protection[39]. - The company is focusing on carbon fiber composite materials for wheel hubs to reduce weight and improve energy efficiency in new energy vehicles[78]. - R&D innovation is crucial for the company's growth, and it emphasizes market-oriented projects to enhance the success rate of new product development[116]. Cash Flow and Financial Management - The company achieved a net operating cash inflow of 32.41 million RMB, with a debt-to-asset ratio of 16.14%, indicating a strong cash flow management[6]. - The cash flow from operating activities for 2022 was ¥32.41 million, an increase of 3.65% compared to ¥31.27 million in 2021[22]. - The company reported a net cash flow from operating activities of CNY 32,409,356.60, an increase of 3.65% compared to the previous year[81]. - The company has a low debt-to-asset ratio and ample cash flow, positioning it well to navigate external economic challenges[63]. - The company reported an investment income of CNY 7,898,556.57, accounting for 52.16% of total profit, primarily from cash management[83]. Market and Industry Position - Significant progress was made in the automotive sector, particularly in the new energy vehicle market, with collaborations established with major suppliers like BYD and Magna[5]. - The company operates in the high-tech field of environmentally friendly, functional polymer modified plastics, which are widely used in automotive parts, sports equipment, medical devices, and aerospace industries[32]. - The domestic modified plastics industry has over 3,000 companies, but only about 70 have a production capacity exceeding 3,000 tons, indicating a low market concentration and significant room for improvement in modification rates[36]. - The modification rate of plastics in China increased from 16.3% in 2011 to 21.7% in 2020, still lagging behind the global average of nearly 50%[36]. - The company is recognized as a leading supplier of high-performance composite materials in the domestic automotive parts and high-end appliance industries[39]. - The company has established stable partnerships with well-known suppliers and automotive manufacturers, including Yanfeng, Aptiv, Magna, and BYD, supplying products for various automotive brands such as Tesla and Honda[41]. Employee and Talent Management - The workforce increased by 9.57% as the company focused on upgrading talent and optimizing its talent structure[4]. - The number of R&D personnel increased by 13.33% to 68, with a notable rise in the number of staff under 30 years old, which grew by 116.67%[80]. - The company emphasizes employee training and development, offering various training programs to enhance skills and capabilities[165]. - The company has established incentive systems to retain core technical personnel and prevent knowledge leakage, ensuring sustained R&D capabilities[118]. Governance and Compliance - The company has established an internal audit department to oversee financial management and internal control compliance[128]. - The company has a complete and independent governance structure, with no hierarchical relationship with its controlling shareholders or related parties[132]. - The company strictly adhered to information disclosure regulations, ensuring timely and accurate reporting to protect the rights of investors[127]. - The company has maintained effective internal controls over financial reporting, with no significant deficiencies identified as of the evaluation report date[198]. Future Outlook and Strategic Initiatives - The company plans to accelerate fundraising for investment projects to enhance core competitiveness and promote high-quality development[8]. - The company plans to focus on R&D innovation, talent acquisition, and market expansion to drive high-quality growth in the future[63]. - The company aims to increase market share by focusing on market-oriented R&D and strengthening collaboration with suppliers, customers, and academic institutions[112]. - The company is actively pursuing overseas expansion through the establishment of subsidiaries[158]. - The company plans to enhance production management and upgrade production lines through the new manufacturing projects[103].

广东奇德新材料股份有限公司2023年第一季度报告 证券代码：300995 证券简称：奇德新材 公告编号：2023-008 广东奇德新材料股份有限公司 2023 年第一季度报告 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： 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.第一季度报告是否经过审计 □是 否 ...

广东奇德新材料股份有限公司 2022 年第三季度报告 证券代码：300995 证券简称：奇德新材 公告编号：2022-045 广东奇德新材料股份有限公司 2022 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： 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 1 广东奇德新材料股份有限公司 2022 年第三季度报告 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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 55,495,399.62 | -23.27% ...

证券代码：300995 证券简称：奇德新材 公告编号：2022-044 广东奇德新材料股份有限公司 关于参加 2022 年广东辖区上市公司投资者 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。 为进一步加强与投资者的互动交流，广东奇德新材料股份有限公司（以下简 称"公司"）将参加由广东证监局和广东上市公司协会联合举办的"2022 年广 东辖区上市公司投资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的的方式举行，投资者可登录"全景路演"网站 （https://ir.p5w.net/c/300995.shtml），或下载全景路演 APP,参与本次互动 交流，活动时间为 2022 年 9 月 22 日（星期四）15:50-16:50。 届时公司董事长兼总经理饶德生先生、董事会秘书兼副总经理陈云峰先生、 财务总监邓艳群女士将网上路演厅就公司治理、发展战略、经营状况和可持续发 展等投资者关心的问题，与广大投资者进行集中在线交流，欢迎广大投资者踊跃 参与！ 特此公告。 | --- | --- | --- | --- | ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2022, representing a year-on-year increase of 15% compared to RMB 435 million in the same period of 2021[14]. - The company's operating revenue for the reporting period was ¥140,048,991.62, a decrease of 8.63% compared to the same period last year[20]. - Net profit attributable to shareholders was ¥13,402,365.52, down 44.91% year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥7,873,885.25, a decline of 62.55% compared to the previous year[20]. - Basic and diluted earnings per share were both ¥0.1592, representing a decrease of 56.62% from the same period last year[20]. - The total comprehensive income for the first half of 2022 was ¥13,055,357.28, compared to ¥23,923,274.92 in the same period of 2021, reflecting a decline of 45.5%[190]. - The company reported a total profit of ¥14,287,670.97, down 47.5% from ¥27,188,860.74 in the first half of 2021[188]. - The operating profit for the first half of 2022 was ¥14,369,358.42, a decrease of 47.3% compared to ¥27,180,497.15 in the same period of 2021[188]. Investment and R&D - The company plans to invest RMB 100 million in research and development for new materials and technologies in the upcoming year, aiming to enhance product offerings and market competitiveness[14]. - The company's R&D investment decreased by 8.29% to ¥6,569,563.58, attributed to increased bank acceptance bill discounts[70]. - The company has established a performance evaluation and incentive system for R&D personnel to enhance team cohesion and prevent core technology leakage[109]. - The company emphasizes R&D innovation, focusing on market-oriented projects to enhance the success rate of new product development[108]. Market Expansion and Strategy - The company is expanding its market presence in Southeast Asia, with plans to establish a new distribution center in Malaysia by the end of 2022[14]. - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach, with a focus on complementary businesses in the materials sector[14]. - The company aims to become a leading supplier of materials and a provider of plastic molding solutions both domestically and internationally[28]. - The company is actively expanding its business in other fields to reduce the impact of external economic changes on its performance[107]. Financial Management - No cash dividends will be distributed for the current fiscal year, as the company aims to reinvest profits into growth initiatives[4]. - The company's asset-liability ratio is 16.19%, which is relatively low compared to industry peers, indicating strong cash flow[58]. - The company reported a significant increase in prepayments from CNY 13.59 million to CNY 28.18 million, an increase of approximately 107.5%[185]. - The total amount of raised funds is RMB 309,708,800, with a net amount of RMB 270,110,652 after deducting issuance costs of RMB 39,598,147.92[95]. Operational Efficiency - The company has established a complete integrated service system for plastic molding, from material modification to precision injection molding and mold development[36]. - The company's procurement model is based on customer orders, ensuring that raw materials are purchased according to demand, which helps maintain efficient inventory management[35]. - The company has implemented a comprehensive quality management system to ensure product quality throughout the entire production process[61]. - The company has advanced production and testing equipment, a strong product R&D capability, and a professional management team, positioning it as a leading supplier in high-end modified composite materials[53]. Social Responsibility and Compliance - The company has actively participated in social responsibility initiatives, including donations for pandemic prevention efforts totaling 100,000 RMB[126]. - The company has received certifications including IATF16949, ISO14001, and ISO9001, and has been recognized as a Level 3 Safety Production Standardization Enterprise[129]. - The company has implemented a scholarship program for the children of outstanding employees to encourage educational achievement[129]. - The company has achieved compliance with environmental regulations and obtained necessary environmental protection permits for its operations[125]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which could impact profit margins, and is implementing strategies to mitigate these risks[3]. - The management is focused on mitigating risks from economic fluctuations and the ongoing COVID-19 pandemic, which may impact sales and production[107]. - The company has taken measures to prevent the loss of core technical personnel, which is vital for its ongoing R&D capabilities[109]. Shareholder Information - The company reported a total of 84,160,000 shares outstanding, with 75% being restricted shares prior to the recent changes[163]. - The number of restricted shares decreased by 8,070,000, resulting in 55,050,000 restricted shares, which is now 65.41% of the total[163]. - The company’s major shareholder, Guangdong Yueke Venture Capital Management Co., held 6,270,000 shares, which were fully released from restrictions[165]. - The company confirmed that there were no other significant contracts during the reporting period[158].

Financial Performance - The company's revenue for Q1 2022 was ¥70,293,089.42, representing a 2.49% increase compared to ¥68,586,656.79 in the same period last year[4] - Net profit attributable to shareholders decreased by 19.15% to ¥7,247,840.70 from ¥8,964,309.92 year-on-year[4] - The net profit after deducting non-recurring gains and losses fell by 52.66% to ¥4,188,669.75, down from ¥8,848,423.11 in the previous year[4] - Basic and diluted earnings per share decreased by 39.37% to ¥0.0861 from ¥0.142 in the previous year[4] - Net profit for Q1 2022 was CNY 6,997,557.91, a decrease of 21.7% compared to CNY 8,949,291.16 in the same period last year[19] - The company’s total comprehensive income for Q1 2022 was CNY 6,997,557.91, compared to CNY 8,948,973.66 in the previous period[19] Cash Flow - The net cash flow from operating activities increased by ¥32,728,468.92, reaching ¥30,984,772.46, compared to a negative cash flow of ¥1,743,696.46 in the same period last year[4] - The net cash flow from operating activities for Q1 2022 was ¥30,984,772.46, a significant improvement compared to a negative cash flow of ¥1,743,696.46 in Q1 2021[23] - The net cash flow from investing activities was ¥53,467,258.11, recovering from a negative cash flow of ¥81,558,720.50 in the same period last year[23] - The total cash and cash equivalents at the end of Q1 2022 amounted to ¥99,558,253.62, up from ¥48,159,675.21 at the end of Q1 2021[24] - The company reported cash outflows from financing activities of ¥66,896,584.38, compared to inflows of ¥5,449,397.70 in Q1 2021[23] - The total cash outflow from operating activities was ¥87,276,159.05, an increase from ¥68,505,615.61 in Q1 2021[23] - The cash inflow from investment activities was ¥111,728,107.55, significantly higher than ¥30,081,800.00 in the previous year[23] - The cash paid for investment activities was ¥58,260,849.44, a decrease from ¥111,640,520.50 in Q1 2021[23] - The cash flow from financing activities included cash received from borrowings of ¥5,080,000.00[23] - The impact of exchange rate changes on cash and cash equivalents was a decrease of ¥46,478.31[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥736,944,332.78, an 8.83% decrease from ¥808,293,944.50 at the end of the previous year[4] - Shareholders' equity attributable to the parent company increased by 1.13% to ¥649,697,517.50 from ¥642,449,676.80 at the end of the previous year[4] - The total current liabilities rose to CNY 39,791,061.23 from CNY 17,428,357.80, showing a significant increase of about 128.56%[15] - Total liabilities as of the end of Q1 2022 were CNY 85,631,833.36, compared to CNY 163,979,002.99 in the previous period[16] - The company's non-current assets decreased to CNY 357,254,089.92 from CNY 401,793,181.89, a decline of approximately 11.05%[15] - The total current assets decreased to CNY 379,690,242.86 from CNY 406,500,762.61, reflecting a decrease of about 6.61%[15] Operational Costs and Expenses - Total operating costs for Q1 2022 were CNY 67,753,708.02, up from CNY 58,350,393.43 in the previous period, representing a growth of approximately 16.5%[18] - The company reported a decrease in sales expenses to CNY 3,070,841.88 from CNY 2,415,239.75 in the previous period, indicating a rise of approximately 27.1%[18] - Research and development expenses for Q1 2022 were CNY 2,937,693.64, slightly up from CNY 2,928,763.90 in the previous period[18] Market and Strategic Focus - The decline in net profit was attributed to rising raw material costs and increased personnel expenses due to the introduction of a performance partnership mechanism[8] - The company is focusing on expanding its market presence and developing new technologies, although specific figures were not disclosed in the report[15] Non-Recurring Items - Non-recurring gains and losses totaled ¥3,059,170.95, primarily from government subsidies and investment income[6]

Financial Performance - In 2021, the company's overall operating performance declined significantly compared to the previous year, primarily due to a sharp increase in raw material prices, leading to a decrease in gross profit margin [6]. - The company's operating revenue for 2021 was ¥319,887,134.09, a decrease of 11.32% compared to ¥360,706,196.29 in 2020 [21]. - The net profit attributable to shareholders for 2021 was ¥32,330,476.09, down 61.53% from ¥84,047,062.55 in the previous year [21]. - The net profit after deducting non-recurring gains and losses was ¥26,984,060.24, a decline of 61.99% compared to ¥70,990,533.24 in 2020 [21]. - The net cash flow from operating activities was ¥31,269,026.97, which represents a decrease of 55.55% from ¥70,352,846.82 in the previous year [21]. - Basic earnings per share for 2021 were ¥0.43, down 67.67% from ¥1.33 in 2020 [21]. - The total assets at the end of 2021 were ¥808,293,944.50, an increase of 62.59% from ¥497,151,486.44 at the end of 2020 [21]. - The net assets attributable to shareholders at the end of 2021 were ¥642,449,676.80, up 77.34% from ¥362,273,789.87 at the end of 2020 [21]. - The company reported a weighted average return on equity of 6.09% for 2021, down from 26.24% in 2020 [21]. - The company reported a non-operating income of CNY 5,346,415.85 in 2021, a decrease of 59% from CNY 13,056,529.31 in 2020 [28]. Revenue Growth and Sector Performance - Excluding the protective products sector, the company's operating revenue grew by 29.24% compared to 2020, with specific growth in office furniture (133.50%), electronics and electromechanical products (131.53%), automotive parts (18.26%), and household appliances (17.97%) [6]. - In Q4 2021, the operating revenue was ¥94,287,252.45, with a quarter-on-quarter increase, while net profit decreased due to impairment of protective equipment and litigation compensation [23]. - The automotive parts industry is projected to see a shift towards lightweight materials, with a target of reducing vehicle weight by at least 25% by 2035 [35]. - The demand for high-performance modified nylon and polypropylene in the baby products sector is expected to grow due to new regulations and increasing consumer demand [35]. - The home appliance industry in China achieved a total sales revenue of 760.3 billion yuan in 2021, marking a year-on-year increase of 3.48%, while the revenue of large-scale home appliance enterprises reached 1.7351 trillion yuan, up 15.54% [36]. Cost and Pricing Dynamics - The company's operating costs rose by 7.64% to CNY 238.27 million, driven by increased raw material prices [73]. - The average price of PA6 increased from 10.49 CNY/kg in the first half to 12.02 CNY/kg in the second half, while PA66 rose from 25.02 CNY/kg to 27.70 CNY/kg [60]. - In 2021, the company faced significant increases in raw material prices due to global inflation, with energy procurement costs accounting for over 30% of total production costs [62]. Research and Development - Research and development expenses amounted to CNY 15.44 million, representing 4.83% of operating revenue, a slight increase from 4.76% in the previous year [73]. - The company is actively involved in research and development of new materials and technologies to maintain competitive advantages in the polymer composite market [46]. - The company is developing new products, including biodegradable composite materials with a degradation rate of over 60% within 90 days [90]. - The company has developed several patented technologies, including a high-flow low-extraction anti-static polypropylene composite material, which meets market demands for electronic products [62]. Corporate Governance and Management - The company has established a governance structure that includes a board of directors, supervisory board, and management team to ensure compliance and effective management [177]. - The company has a board of directors consisting of seven members, including three independent directors, ensuring compliance with governance standards [131]. - The company implemented a performance evaluation and incentive mechanism for directors and senior management, combining basic salary with performance-based compensation [132]. - The company has established an independent audit department with 2 auditors to oversee financial management and internal controls [136]. Social Responsibility and Compliance - The company actively participates in community welfare, donating 566,000 CNY to enhance local fire rescue capabilities [195]. - The company supports education initiatives, providing scholarships for employees' children to alleviate financial burdens [195]. - The company has not reported any environmental penalties during the reporting period, indicating compliance with environmental regulations [193]. - The company emphasizes social responsibility, focusing on low-carbon, environmentally friendly, and energy-saving principles to become a well-known materials supplier [193]. Employee and Talent Management - The total number of employees at the end of the reporting period was 376, with 219 in production, 47 in sales, and 57 in technical roles [168]. - The company has established a talent strategy that includes training programs to enhance employee skills and career development, ensuring compliance with labor laws [194]. - The company promotes a culture of collaboration and mutual support among employees, fostering a cohesive and motivated workforce [179]. Financial Management and Cash Flow - The company reported a significant focus on cash management and financial risk mitigation strategies [164]. - The company reported a year-end cash and cash equivalents balance of CNY 82.05 million, a decrease of 34.87% compared to the previous year [74]. - The net increase in cash and cash equivalents was negative at -¥43,928,138.44, indicating cash management issues during the reporting period [93]. - The company has established a specialized account for managing and using raised funds, adhering to regulatory requirements to protect investor interests [184].

Financial Performance - The company's operating revenue for the third quarter was ¥72,324,759.72, a decrease of 2.34% compared to the same period last year[4]. - The net profit attributable to shareholders decreased by 63.23% to ¥6,504,481.64 for the third quarter[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 65.11% to ¥4,553,892.59[4]. - Basic and diluted earnings per share decreased by 72.41% to ¥0.08 for the third quarter[4]. - Total revenue from operating activities was ¥229.91 million, a decline of 37.8% compared to ¥369.66 million in Q3 2020[25]. - The net profit for Q3 2021 was approximately ¥30.20 million, a decrease of 57.5% compared to ¥70.81 million in Q3 2020[22]. - Operating profit for Q3 2021 was ¥33.95 million, down 54.5% from ¥74.73 million in the same period last year[22]. - The total comprehensive income for Q3 2021 was approximately ¥30.20 million, a decrease of 57.5% from ¥70.82 million in the previous year[23]. Cash Flow and Liquidity - The cash flow from operating activities decreased by 55.15% year-to-date, totaling ¥32,046,754.13[11]. - Cash flow from operating activities generated a net amount of ¥32.05 million, down 55.2% from ¥71.45 million in the previous year[25]. - Cash flow from investing activities resulted in a net outflow of approximately ¥318.78 million, compared to a net outflow of ¥171.84 million in Q3 2020[25]. - Cash flow from financing activities generated a net inflow of ¥257.56 million, significantly up from ¥44.22 million in the same quarter last year[26]. - The company reported a cash and cash equivalents balance of ¥96.80 million at the end of Q3 2021, compared to ¥47.95 million at the end of Q3 2020[26]. - The company's cash and cash equivalents increased to CNY 212.79 million from CNY 141.70 million at the end of 2020, representing a growth of 50.3%[17]. Assets and Liabilities - Total assets increased by 56.37% to ¥777,396,071.63 compared to the beginning of the year, primarily due to new share issuance raising ¥270,110,700[11]. - Total assets reached CNY 777.40 million, a significant increase of 56.5% compared to CNY 497.15 million at the end of 2020[18]. - The company's total liabilities amounted to CNY 134.17 million, slightly up from CNY 131.36 million, showing a 2.1% increase[18]. - The equity attributable to shareholders increased by 77.03% to ¥641,334,533.82, driven by new share issuance and retained earnings[11]. - The equity attributable to shareholders increased to CNY 641.33 million from CNY 362.27 million, marking a growth of 77.1%[19]. Operational Metrics - The gross margin for modified polypropylene composite materials (melt-blown materials) declined by 96.69% year-on-year due to reduced demand for protective products[9]. - The average market price of nylon 6 increased by 38.59% and polypropylene by 15.50% since the beginning of the year, impacting procurement costs[9]. - Revenue from non-protective product sectors such as home appliances, baby products, and automotive increased by 41.70% year-to-date, totaling ¥222,109,900[9]. - Total operating costs for Q3 2021 were CNY 196.74 million, down by 2.4% from CNY 201.62 million in Q3 2020[21]. - Research and development expenses for Q3 2021 were CNY 11.32 million, a decrease of 10.0% from CNY 12.58 million in the previous year[21]. Financial Management - The company reported a financial cost of CNY -3.32 million, compared to CNY -0.46 million in the same period last year, indicating improved financial management[21]. - The company did not undergo an audit for the Q3 2021 report[27].

Financial Performance - The company's operating revenue for the reporting period was ¥153,275,121.92, a decrease of 22.72% compared to the same period last year[21]. - The net profit attributable to shareholders was ¥24,327,527.73, down 55.50% year-on-year[21]. - The net cash flow from operating activities was ¥11,674,175.96, reflecting a significant decline of 87.08% compared to the previous year[21]. - The total assets at the end of the reporting period amounted to ¥785,271,696.96, an increase of 57.95% from the end of the previous year[21]. - The net assets attributable to shareholders increased by 81.27% to ¥656,711,652.18 compared to the previous year[21]. - The company reported a basic earnings per share of ¥0.37, down 57.47% from ¥0.87 in the same period last year[21]. - The company's revenue for the current period is ¥153,275,121.92, a decrease of 22.72% compared to the same period last year, primarily due to a significant drop in demand for protective products[59]. - The net profit for the first half of 2021 was CNY 23,923,592.42, a decline of 55.5% from CNY 53,729,598.57 in the first half of 2020[188]. Dividend and Profit Distribution - The company reported a cash dividend of 2.6 RMB per 10 shares (including tax) based on a total share capital of 84,160,000 shares[4]. - The cash dividend amount for the reporting period is CNY 21.88 million, representing 100% of the total distributable profit[101]. - The profit distribution plan proposes a cash dividend of ¥2.60 per 10 shares (tax included) based on a total share capital of 84,160,000 shares[104]. - The independent directors unanimously agreed that the profit distribution plan complies with relevant laws and regulations and will not affect the company's normal operations and long-term development[105]. Corporate Governance and Management - The company emphasized its commitment to ensuring the accuracy and completeness of the financial report, with key personnel affirming the report's integrity[3]. - The report includes a section on corporate governance, indicating a structured approach to management and oversight[6]. - The board of directors confirmed that all members attended the meeting to review the report[4]. - The management discussed potential risks including changes in the operating environment, impacts from COVID-19, and fluctuations in raw material prices[4]. - The company has established an environmental management system and obtained ISO14001 certification, ensuring compliance with environmental monitoring standards[116]. Research and Development - The company highlighted its focus on research and development, although specific new products or technologies were not detailed in the provided content[4]. - The company obtained 4 independent research and development patents during the reporting period, emphasizing its commitment to technological innovation[45]. - Research and development investment was ¥7,163,749.90, accounting for 4.67% of revenue, showing a slight increase from the previous year's 4.59%[60]. - The company emphasizes the importance of R&D innovation and aims to improve the success rate of new product development by closely communicating with downstream customers[92]. Market Position and Industry Trends - The company specializes in high-performance polymer composite materials, primarily modified nylon (PA) and modified polypropylene (PP), used in various applications including children's products and automotive parts[28]. - The company is positioned in the high-performance polymer composite materials sector, which is a key area of development in China's new materials industry[41]. - The automotive sector is expected to benefit significantly from the lightweighting trend, with a projected market space for modified plastics exceeding 5 million tons by 2025 due to the need for reduced vehicle weight[47]. - The baby products market is anticipated to expand due to the implementation of the "three-child policy," which is expected to increase the number of newborns and drive demand for baby-related products[48]. - The home appliance industry is experiencing growth, with air conditioner production rising from 157 million units in 2014 to 210 million units in 2020, indicating a strong demand for modified plastics[49]. Financial Position and Cash Flow - Cash and cash equivalents increased by 281.47% to ¥166,999,530.07, primarily from cash received from new investments[60]. - The company's cash and cash equivalents accounted for 46.00% of total assets at the end of the reporting period, up from 28.50% at the end of the previous year[64]. - The company reported a significant increase in net cash flow from financing activities, rising by 813.24% to ¥280,329,230.68 due to new stock issuance[60]. - The company is focusing on improving cash flow management and reducing operational costs in response to the declining cash flow figures[198]. Compliance and Environmental Responsibility - The company has obtained necessary environmental protection permits and complies with local laws and regulations regarding pollution discharge[112]. - The company strictly complies with environmental protection regulations and has obtained necessary environmental permits, ensuring products meet national and international standards[119]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[109]. Shareholder Information - Major shareholder 饶德生 holds 33.27% of the shares, amounting to 28,000,000 shares[161]. - The total number of ordinary shareholders at the end of the reporting period is 21,209[161]. - The company has a total of 64,204,811 restricted shares at the end of the reporting period[159]. - The company plans to release certain restricted shares in May 2022 and May 2024[157]. Future Outlook - The company plans to increase investment in new product and technology development to capture more market share and create new revenue growth points[90]. - The company aims to expand its business in other fields while maintaining its leading position in existing markets[90]. - Future outlook includes potential market expansion and new product development to enhance revenue streams[198].