证券代码：301004 证券简称：嘉益股份 浙江嘉益保温科技股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |------------------------|---------------------------|--------------------------------| | | | | | | ☐ 特定对象调研 ☐ 媒体采访 | ☐ 分析师会议 业绩说明会 | | 投资者关系活动类别 | ☐ 新闻发布会 | ☐ 路演活动 | | | 现场参观 | | | | ☐ | 其他（请文字说明其他活动内容） | | | | | | 形式 | 现场 | ☐ 电话会议 | | | 广发证券 | | | | 安信证券 | | | | 兴业证券 赵宇 | | | | | | | | 天风证券 范张翔 | | | | 西南证券 蔡欣 | | | | | | | 参与单位名称及人员姓名 | 广发基金 邹勇 | | | | 汇添富基金 费海墅 | | | | 申万宏源 黄莎 | | | | 聚鸣投资 王宇俊 | | | | 等 17 位参加 | | | 时间 | 202 ...

Revenue and Profitability - Revenue for Q3 2022 reached ¥378,859,588.48, an increase of 116.24% year-over-year[4] - Net profit attributable to shareholders was ¥81,136,386.19, up 183.80% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses was ¥91,017,226.65, reflecting a 236.55% increase year-over-year[4] - The total operating revenue for the third quarter of 2022 was CNY 836,251,895.95, a significant increase from CNY 393,532,719.03 in the same period last year, representing a growth of approximately 112.5%[24] - The net profit for Q3 2022 was CNY 166,911,361.10, a significant increase from CNY 61,272,412.26 in Q3 2021, representing a growth of approximately 172%[27] - The company reported a total comprehensive income of CNY 167,841,925.93 for Q3 2022, compared to CNY 61,168,459.19 in Q3 2021, which is an increase of approximately 174%[29] - The basic earnings per share for Q3 2022 was CNY 1.68, up from CNY 0.74 in Q3 2021, reflecting a growth of approximately 127%[29] Assets and Liabilities - Total assets as of September 30, 2022, amounted to ¥1,007,137,008.78, a 36.63% increase from the end of the previous year[4] - The company's total assets reached CNY 1,007,137,008.78, an increase from CNY 737,116,255.78 year-over-year, marking a growth of about 36.7%[24] - The total liabilities were reported at CNY 4,389,015.49, slightly down from CNY 4,528,522.78, indicating a decrease of around 3.1%[22] - The equity attributable to shareholders of the parent company increased to CNY 742,178,436.63 from CNY 604,336,510.70, representing a growth of approximately 22.8%[24] Cash Flow and Investments - Cash flow from operating activities for the year-to-date was ¥152,563,389.04, a significant increase of 273.77%[9] - The cash flow from operating activities generated a net amount of CNY 152,563,389.04, compared to CNY 40,817,059.89 in the previous year, marking an increase of about 273%[32] - The investment activities resulted in a net cash outflow of CNY 214,343,801.97, compared to a net outflow of CNY 206,371,569.26 in the same period last year[32] Operating Performance - The company’s gross profit margin improved significantly, with operating profit rising to ¥195,429,935.36, a 179.01% increase year-over-year[9] - The operating profit for Q3 2022 was CNY 195,429,935.36, significantly higher than CNY 70,045,175.33 in Q3 2021, representing an increase of about 179%[27] - The total operating costs amounted to CNY 624,211,279.38, up from CNY 328,452,702.75, indicating an increase of about 90%[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 5,225, with the top 10 shareholders holding a combined 74.35% of shares[11] - Zhejiang Jiashao Yunhua Investment holds 49,218,750 shares, accounting for 47.69% of total shares[11] - The company has a total of 75,000,000 restricted shares, with 3,200,000 shares newly added during the period[16] - The company granted 3,200,000 restricted shares at a price of 10.90 RMB per share to 66 incentive objects on August 31, 2022[17] Research and Development - Research and development expenses for the quarter were CNY 27,568,126.04, compared to CNY 18,894,636.00 in the previous year, reflecting a rise of approximately 46%[24] Other Income and Expenses - The company reported a 491.90% increase in other income, totaling ¥10,763,559.83, primarily due to increased government subsidies[9] - The company incurred a total tax expense of CNY 28,238,101.20 in Q3 2022, compared to CNY 8,806,251.42 in Q3 2021, which is an increase of approximately 220%[27] Inventory and Receivables - Accounts receivable increased by 116.58% to ¥131,160,084.70, driven by higher sales volume[7] - Inventory levels rose to CNY 123,286,472.16, compared to CNY 112,722,004.85, reflecting an increase of about 9.5%[20] - Accounts receivable increased to CNY 131,160,084.70 from CNY 60,560,152.34, showing a growth of approximately 116.5%[20]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥457,392,307.47, representing a 109.50% increase compared to ¥218,330,464.60 in the same period last year[26]. - Net profit attributable to shareholders was ¥86,375,607.56, a 162.21% increase from ¥32,940,898.90 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was ¥77,348,009.31, up 161.12% from ¥29,621,275.53 in the previous year[26]. - The net cash flow from operating activities reached ¥54,677,794.59, marking a 214.80% increase compared to ¥17,368,790.70 in the same period last year[26]. - Basic earnings per share were ¥0.86, a 95.45% increase from ¥0.44 in the previous year[26]. - The company's operating costs increased to CNY 320.76 million, up 108.06% compared to the previous year, primarily due to increased sales volume[60]. - Research and development expenses rose to CNY 16.01 million, a 32.47% increase, driven by intensified new product development efforts[60]. Assets and Liabilities - Total assets at the end of the reporting period were ¥846,301,315.94, up 14.81% from ¥737,116,255.78 at the end of the previous year[26]. - Net assets attributable to shareholders increased to ¥661,334,727.89, a 9.43% rise from ¥604,336,510.70 at the end of the previous year[26]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥306,130,018.38, accounting for 36.17% of total assets[66]. - Accounts receivable increased to ¥114,104,738.40, representing 13.48% of total assets, primarily due to increased sales volume[66]. - The company's inventory increased to ¥131,107,745.97, accounting for 15.49% of total assets, reflecting a slight increase of 0.20% year-on-year[66]. - The total liabilities of the company reached CNY 185,217,381.74, up from CNY 132,429,906.12, which is an increase of approximately 39.8%[200]. Business Operations - The main business involves the research, design, production, and sales of various beverage and food containers, including stainless steel vacuum insulated products and plastic containers[36]. - The company operates under an OEM/ODM business model, with overseas sales being the primary source of revenue, particularly in the US market and other regions like South Korea and Brazil[36]. - The company has developed multiple proprietary brands, including miGo and ONE2GO, enhancing its market presence and brand influence[42]. - The miGo brand, acquired in 2019, focuses on health-oriented stainless steel containers and has gained recognition in the domestic market[42]. - The ONE2GO brand targets mid-to-high-end consumers, emphasizing vibrant and healthy lifestyle products[42]. - The company employs a centralized procurement model to reduce costs and risks associated with raw material sourcing, ensuring stable supply channels[45]. - Production is based on actual orders for overseas sales, while domestic sales are planned annually based on sales forecasts[46]. - The sales strategy includes both external sales through OEM/ODM for international brands and internal sales through proprietary brands targeting end consumers[46]. Investment and Development - The company has invested in advanced production equipment to improve manufacturing efficiency and product quality, including automated and intelligent devices[52]. - The company has ongoing construction for a production base with an annual capacity of 10 million stainless steel vacuum cups, with an investment of ¥30,008,837.85 during the reporting period[75]. - The project for the production base of 10 million stainless steel vacuum insulated cups has a total investment of 30,854.7 million RMB, with 2,793.88 million RMB invested, achieving 83.87% of the planned progress[87]. - The construction of the R&D testing center has a total investment of 5,876.96 million RMB, with no funds invested yet, resulting in 0.00% progress[87]. Market and Economic Factors - The company faces risks related to market and operational factors, including rapid product updates and increasing consumer demands for quality and design[102]. - The fluctuation of the RMB against the USD has impacted product pricing and sales, with the company noting significant volatility in exchange rates[103]. - The ongoing global pandemic has created uncertainties, particularly affecting sales in key markets like the US, which could lead to order cancellations or delays[104]. - Raw material price volatility, particularly for stainless steel, poses a risk to the company's cost structure and gross margin[108]. - The company has adopted various strategies to mitigate the impact of raw material price fluctuations, including adjusting procurement plans and pricing based on current costs[108]. Corporate Governance and Shareholder Information - The company held its first extraordinary general meeting of 2022 on March 18, with an investor participation rate of 75.01%[113]. - The second extraordinary general meeting of 2022 took place on April 18, with a participation rate of 0.64%[113]. - The annual general meeting for 2021 was held on May 16, with a participation rate of 75.05%[113]. - The total number of shares is 100,000,000, with 75,000,000 shares (75.00%) held under limited sale conditions[163]. - Zhejiang Jiayi Insulation Technology Co., Ltd. reported a total of 7,731 shareholders at the end of the reporting period[167]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[183]. Social Responsibility and Compliance - The company has actively engaged in social responsibility initiatives, including donations and support for pandemic response efforts[128]. - There were no significant environmental penalties or issues reported during the reporting period[122]. - The company has established a comprehensive human resources management system to protect employee rights and promote career development[124]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[132]. - The half-year financial report has not been audited[134]. - The company reported no significant litigation or arbitration matters during the reporting period[136].

Financial Performance - The company's revenue for Q1 2022 was CNY 183,049,478.89, representing a 131.21% increase compared to CNY 79,169,560.85 in the same period last year[2] - Net profit attributable to shareholders for Q1 2022 was CNY 33,005,662.89, a 177.59% increase from CNY 11,889,892.01 year-on-year[2] - The net profit after deducting non-recurring gains and losses was CNY 28,521,205.61, up 154.50% from CNY 11,206,642.17 in the previous year[2] - The company's operating profit for Q1 2022 was CNY 38,163,877.50, reflecting an increase of 184.19% from CNY 13,428,947.29 in the same period last year[4] - The total operating revenue for Q1 2022 was CNY 183,049,478.89, a significant increase from CNY 79,169,560.85 in the same period last year, representing a growth of approximately 131.3%[11] - The net profit attributable to the parent company for Q1 2022 was CNY 33,005,662.89, compared to CNY 11,889,892.01 in Q1 2021, marking an increase of about 177.5%[12] - The total operating costs for Q1 2022 were CNY 149,120,755.58, up from CNY 66,978,732.14 in the previous year, reflecting an increase of approximately 122.1%[11] - The company reported a net profit margin of approximately 17.9% for Q1 2022, compared to 15.0% in the same period last year[12] - The basic earnings per share for Q1 2022 were CNY 0.33, compared to CNY 0.16 in Q1 2021, reflecting an increase of 106.3%[12] Assets and Liabilities - The company's total assets as of March 31, 2022, were CNY 752,550,392.19, a 2.09% increase from CNY 737,116,255.78 at the end of the previous year[2] - As of March 31, 2022, total current assets amounted to ¥519,957,443.07, slightly up from ¥517,878,156.29 at the beginning of the year, indicating a marginal increase of 0.4%[7] - The total liabilities decreased to CNY 115,060,871.69 from CNY 132,429,906.12, representing a reduction of approximately 12.9%[10] Cash Flow - Cash flow from operating activities showed a net outflow of CNY -1,000,138.26, a decrease of 103.45% compared to CNY 28,984,646.10 in the same period last year[2] - The cash flow from operating activities was CNY 166,559,835.59 in Q1 2022, compared to CNY 114,609,709.91 in the same quarter last year, showing an increase of approximately 45.3%[12] - The net cash flow from operating activities was -1,000,138.26 CNY, a decrease from 28,984,646.10 CNY in the previous year[14] - The total cash inflow from investment activities was 248,967,630.94 CNY, compared to 259,678,452.62 CNY in the same period last year[14] - The net cash flow from investment activities was -16,847,409.66 CNY, an improvement from -64,920,288.80 CNY year-over-year[14] - The cash and cash equivalents at the end of the period amounted to 255,811,963.71 CNY, down from 273,477,337.09 CNY at the beginning of the period[15] - The total cash outflow from investment activities was 265,815,040.60 CNY, compared to 324,598,741.42 CNY in the previous year[14] Research and Development - The company reported a significant increase in research and development expenses, totaling CNY 6,310,729.02, which is a 31.78% increase from CNY 4,788,963.97 year-on-year[4] - Research and development expenses for Q1 2022 amounted to CNY 6,310,729.02, compared to CNY 4,788,963.97 in Q1 2021, indicating a rise of about 31.7%[11] Shareholder Information - The total number of common shareholders at the end of the reporting period was 11,321, an increase from the previous period[5] - Major shareholder Zhejiang Jiashao Yunhua Investment Management Co., Ltd. holds a 49.22% stake, indicating strong control over the company[5] Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies[6] - The company is exploring new technologies and product innovations to drive future growth[6] - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[12] Other Financial Metrics - The weighted average return on equity increased to 5.32% from 3.03% year-on-year[2] - The accounts receivable increased by 38.96% to CNY 84,156,477.23, primarily due to increased overseas sales revenue[4] - Cash and cash equivalents decreased to ¥255,915,494.34 from ¥273,580,867.72, representing a decline of approximately 6.5%[7] - Inventory decreased to ¥106,651,386.63 from ¥112,722,004.85, reflecting a reduction of approximately 5.4%[7] - Non-current assets totaled ¥221,706,215.42, with fixed assets valued at ¥100,017,444.11, showing a slight increase from ¥99,636,102.04[7] - The company reported a long-term equity investment of ¥1,144,237.84, up from ¥1,140,010.61, indicating a small growth[7] - The cash outflow for employee payments was 44,955,217.82 CNY, an increase from 28,726,937.57 CNY in the previous year[14] - The total cash outflow for taxes paid was 8,484,255.43 CNY, significantly higher than 2,557,308.72 CNY in the previous year[14] - The company experienced a foreign exchange impact on cash and cash equivalents of 182,174.54 CNY, compared to -580,265.64 CNY last year[15] - The company did not undergo an audit for the first quarter report[15]

Financial Performance - The company's operating revenue for Q1 2022 was ¥183,049,478.89, representing a 131.21% increase compared to ¥79,169,560.85 in the same period last year[4] - Net profit attributable to shareholders for Q1 2022 was ¥33,005,662.89, a 177.59% increase from ¥11,889,892.01 year-on-year[4] - The total operating revenue for the first quarter of 2022 was CNY 183,049,478.89, a significant increase from CNY 79,169,560.85 in the same period last year, representing a growth of approximately 131.3%[48] - The total operating profit reached 38,163,877.50 CNY, significantly up from 13,428,947.29 CNY, marking an increase of approximately 184.5%[57] - The total profit before tax was 38,128,783.40 CNY, compared to 13,419,880.16 CNY in the previous year, marking an increase of about 184.5%[57] - The company reported a total comprehensive income of 32,803,170.84 CNY, compared to 11,970,298.54 CNY in the previous year, indicating an increase of approximately 173.5%[59] - The basic and diluted earnings per share were both 0.33 CNY, up from 0.16 CNY in the previous year, reflecting a growth of 106.3%[59] Cash Flow and Liquidity - The net cash flow from operating activities was -¥1,000,138.26, a decrease of 103.45% compared to ¥28,984,646.10 in the previous year[4] - The company's cash and cash equivalents at the end of the first quarter were CNY 255,915,494.34, down from CNY 273,580,867.72 at the beginning of the year, indicating a decrease of approximately 6.4%[14] - The cash flow from operating activities showed a net outflow of 1,000,138.26 CNY, a decrease from a net inflow of 28,984,646.10 CNY in the previous year[61] - The net increase in cash and cash equivalents for the period was -17,665,373.38 CNY, showing a decline in liquidity[63] - The initial cash and cash equivalents balance was 273,477,337.09 CNY, indicating a strong starting liquidity position[63] - The total cash and cash equivalents at the end of the period amounted to 255,811,963.71 CNY, compared to 136,657,040.17 CNY at the end of the previous period[63] Assets and Liabilities - Total assets at the end of Q1 2022 reached ¥752,550,392.19, up 52.36% from ¥493,919,591.18 at the end of the previous year[4] - The total assets of the company reached CNY 752,550,392.19, compared to CNY 737,116,255.78 at the beginning of the year, reflecting a growth of approximately 2.3%[16] - The total liabilities decreased to CNY 115,060,871.69 from CNY 132,429,906.12, representing a reduction of about 13.1%[30] - Non-current assets totaled CNY 232,592,949.12, up from CNY 219,238,099.49, indicating an increase of about 6.0%[16] - The company's total equity attributable to shareholders increased by 59.98% to ¥637,291,797.16 from ¥398,363,073.44 at the end of the previous year[4] - The company's total equity rose to CNY 637,489,520.50 from CNY 604,686,349.66, indicating an increase of about 5.4%[45] Research and Development - The company's R&D expenses increased by 31.78% to ¥6,310,729.02, reflecting enhanced efforts in new product development[9] - Research and development expenses increased to 6,310,729.02 CNY from 4,788,963.97 CNY, reflecting a growth of about 31.7%[57] Income and Expenses - The total operating costs for the first quarter of 2022 amounted to CNY 149,120,755.58, compared to CNY 66,978,732.14 in the previous year, reflecting an increase of about 122.1%[53] - The company incurred sales expenses of 3,381,962.67 CNY, up from 2,280,389.49 CNY, which is an increase of approximately 48.4%[57] - The income tax expense was 5,275,236.13 CNY, significantly higher than 1,530,692.79 CNY in the previous year, reflecting an increase of approximately 244.5%[57] Other Income - The company reported a significant increase in other income, which rose by 2792.19% to ¥3,853,603.90 due to increased government subsidies[9] Accounts Receivable and Inventory - Accounts receivable increased by 38.96% to ¥84,156,477.23, primarily due to increased overseas sales revenue[7] - Accounts receivable increased to CNY 84,156,477.23 from CNY 60,560,152.34, marking a rise of about 38.9%[14] - Inventory decreased to CNY 106,651,386.63 from CNY 112,722,004.85, showing a decline of approximately 5.4%[16] Investment Activities - The net cash flow from investing activities was -16,847,409.66 CNY, an improvement from -64,920,288.80 CNY in the previous period[63] - The company invested 20,247,861.24 CNY in fixed assets, intangible assets, and other long-term assets during the quarter[63] - The cash flow from investment activities showed a significant reduction in outflows, suggesting a potential shift in investment strategy[63] Audit and Compliance - The company did not conduct an audit for the first quarter report, which may affect investor confidence in the reported figures[64]

Financial Performance - The company's operating revenue for 2021 was ¥585,628,942.50, representing a 64.69% increase compared to ¥355,587,529.20 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥82,170,960.78, up 26.73% from ¥64,837,434.11 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥76,377,747.63, a 46.46% increase from ¥52,148,728.13 in 2020[21]. - The net cash flow from operating activities was ¥95,676,666.57, which is a 36.11% increase compared to ¥70,295,529.02 in 2020[21]. - The total assets at the end of 2021 were ¥737,116,255.78, reflecting a 58.45% increase from ¥465,192,448.83 at the end of 2020[21]. - The net assets attributable to shareholders at the end of 2021 were ¥604,336,510.70, a 56.40% increase from ¥386,392,070.26 at the end of 2020[21]. - The basic earnings per share for 2021 was ¥0.940, a 9.30% increase from ¥0.860 in 2020[21]. - The diluted earnings per share for 2021 was also ¥0.940, reflecting the same 9.30% increase from ¥0.860 in 2020[21]. - The total operating revenue for 2021 reached ¥585,628,942.50, representing a year-on-year increase of 64.69% compared to ¥355,587,529.20 in 2020[70]. - The revenue from the metal products industry was ¥571,246,192.72, accounting for 97.54% of total revenue, with a year-on-year growth of 63.00%[70]. - The overseas revenue constituted 87.34% of total revenue, amounting to ¥511,493,687.90, with a year-on-year increase of 75.40%[70]. Market and Industry Trends - The global stainless steel vacuum insulation container market has shown steady growth, with Europe, North America, China, and Japan being the main consumption markets[37]. - China is the largest producer of stainless steel vacuum insulation containers, with production gradually shifting from developed countries due to cost factors[37]. - The demand for stainless steel vacuum insulation containers is driven by rising living standards and changing consumer preferences towards aesthetics, intelligence, and environmental sustainability[36]. - The market for stainless steel vacuum insulation containers is expected to expand significantly due to policies aimed at reducing single-use plastic products, promoting eco-friendly alternatives[38]. - The COVID-19 pandemic has altered consumer hygiene habits, leading to increased demand for personal stainless steel containers over disposable options[39]. - The industry is supported by national policies promoting consumption upgrades and innovation in product design and manufacturing[34]. - The stainless steel vacuum insulation container industry is characterized by high technical content and is considered a fast-moving consumer goods sector[37]. Product Development and Innovation - The company plans to establish a high-end production base for stainless steel vacuum containers in Jinhua City within three years, enhancing its market influence[35]. - Continuous investment in R&D is focused on improving product design and functionality, catering to consumer trends towards convenience, safety, and personalization[60]. - The company has developed several core technologies, including a unique high-seal structure and lightweight stainless steel techniques, which enhance product quality and reduce material costs[61]. - The vacuum cup's surface treatment technology has improved durability and aesthetic appeal, with a vacuum qualification rate exceeding 97% for embossed products[62]. - The company completed the development of several new products, including a smart heating cup and a multifunctional cup lid, aimed at increasing product competitiveness and market share[81][84]. Corporate Governance and Management - The company has appointed Tianjian Accounting Firm as its auditor for the reporting period[20]. - The company’s financial report is guaranteed to be true, accurate, and complete by its management team[4]. - The company has established a comprehensive quality management system and has received multiple quality awards, including the "Quality Award" from the Jinhua Municipal Government[64]. - The company has a governance structure that does not involve differential voting rights[144]. - The company held its annual general meeting on February 9, 2021, with a 100% participation rate, approving multiple financial reports and budget proposals for 2021[142]. Risk Management - The company faces risks from international trade protectionism, particularly in the U.S. market, which has seen tariffs imposed on various Chinese exports since 2018[116]. - The company is actively managing risks related to raw material price volatility, particularly for stainless steel, which affects production costs and profit margins[124]. - The company is exposed to market competition risks, particularly in product design and consumer preferences, which could affect performance if not addressed[121]. - The company's revenue is significantly influenced by the exchange rate fluctuations between the RMB and USD, which can impact pricing and sales[122]. Social Responsibility and Community Engagement - The company donated 25,000 thermos cups to border guards and local students in November 2021, valued at nearly 400,000 yuan in total donations[197]. - The company actively engages in social responsibility initiatives, including donations to schools in remote areas[197]. - The company emphasizes employee rights protection and provides equal development opportunities[194]. Future Outlook and Strategic Goals - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[155]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on energy-efficient solutions[155]. - The company plans to enhance its market influence by focusing on the development of new products in the thermal cup series and increasing automation and information technology[113]. - The company aims to strengthen its supply chain system and implement an information technology strategy to improve management maturity[114].

Financial Performance - The company's operating revenue for Q3 2021 was ¥175,202,254.43, representing a 115.68% increase year-over-year[3] - Net profit attributable to shareholders for the same period was ¥28,589,468.55, a 170.39% increase compared to the previous year[3] - The net profit after deducting non-recurring gains and losses reached ¥27,044,056.99, marking a 190.20% increase year-over-year[3] - The company experienced a 73.10% increase in operating revenue for the year-to-date, totaling ¥393,532,719.03, driven by increased orders from international clients[5] - Total revenue for the current period reached ¥393,532,719.03, a significant increase of 73.3% compared to ¥227,342,821.29 in the previous period[19] - Operating profit for the current period was ¥70,045,175.33, up 51.7% from ¥46,141,503.34 in the previous period[21] - Net profit attributable to the parent company was ¥61,530,367.45, representing a 53.5% increase from ¥40,088,757.85 in the previous period[23] - Basic and diluted earnings per share both stood at ¥0.74, compared to ¥0.53 in the previous period, reflecting a 39.2% increase[23] - The company reported a total comprehensive income of ¥61,168,459.19, compared to ¥39,160,926.39 in the previous period, reflecting a growth of 56.3%[23] Assets and Liabilities - Total assets at the end of Q3 2021 amounted to ¥713,419,305.77, reflecting a 53.36% increase from the end of the previous year[3] - As of September 30, 2021, total assets reached RMB 713,419,305.77, a significant increase from RMB 465,192,448.83 at the end of 2020, representing a growth of approximately 53.3%[11] - Current assets totaled RMB 536,881,962.10, up from RMB 312,118,139.71 at the end of 2020, indicating a growth of about 72.4%[13] - The total liabilities amounted to RMB 127,821,947.44, compared to RMB 77,810,006.25 at the end of 2020, representing an increase of approximately 64.2%[15] - Total liabilities and equity increased to ¥713,419,305.77, compared to ¥465,192,448.83 in the previous period, marking a 53.3% rise[19] Cash Flow - The company's cash flow from operating activities for the year-to-date was ¥40,817,059.89, showing a 16.24% increase compared to the same period last year[3] - Cash flow from operating activities totaled ¥429,397,323.67, an increase of 58.7% from ¥270,536,293.73 in the previous period[24] - The company reported a net increase in cash flow from operating activities, with cash received from sales and services amounting to ¥398,225,141.98, up from ¥246,611,789.27 in the previous period, a rise of 61.5%[24] - The net cash flow from financing activities was ¥156,975,500.00, a 6,850.59% increase primarily due to new share issuance[7] - The company reported a cash inflow from financing activities of CNY 168,646,226.42, with a net cash flow of CNY 156,975,500.00 after accounting for cash outflows[26] Investments and Expenditures - Research and development expenses for Q3 2021 were ¥18,894,636.00, which is a 41.66% increase year-over-year due to enhanced product development efforts[7] - The total cash inflow from investment activities was CNY 966,669,836.77, significantly higher than CNY 372,947,344.80 in the same period last year, indicating a growth of about 159.73%[26] - The cash outflow for purchasing fixed assets and intangible assets was CNY 33,641,406.03, compared to CNY 8,482,501.43 in Q3 2020, indicating increased capital expenditure[26] Equity and Shareholder Information - The total equity attributable to shareholders was ¥584,864,941.20, up 51.37% from the previous year-end[3] - The company's equity attributable to shareholders reached RMB 584,864,941.20, up from RMB 386,392,070.26, which is an increase of about 51.5%[15] - The company’s retained earnings stood at 205,170,813.12 CNY, unchanged from the previous period[33] - The company’s capital reserve was 82,688,721.55 CNY, remaining stable compared to the previous period[33] Other Financial Metrics - The company reported a significant increase in trading financial assets, reaching ¥180,004,099.35, a 5,038.98% increase attributed to more bank wealth management products held[5] - The company experienced a foreign exchange loss of CNY -1,091,543.09, impacting the overall cash position[28] - Other income for the current period was ¥1,818,474.87, down from ¥6,551,863.21 in the previous period, a decrease of 72.2%[19] - The company recognized a right-of-use asset of 677,960.61 CNY and a lease liability of 607,749.81 CNY due to the implementation of the new leasing standard[33] Audit Status - The third quarter report was not audited[35]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥218,330,464.60, representing a 49.43% increase compared to ¥146,111,203.42 in the same period last year[26]. - The net profit attributable to shareholders of the listed company was ¥32,940,898.90, an increase of 11.61% from ¥29,515,155.47 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥29,621,275.53, which is a 23.76% increase from ¥23,933,713.29 in the same period last year[26]. - The net cash flow from operating activities was ¥17,368,790.70, showing a decrease of 12.43% compared to ¥19,834,298.23 in the previous year[26]. - The total assets at the end of the reporting period were ¥700,692,266.47, a 50.62% increase from ¥465,192,448.83 at the end of the previous year[26]. - The net assets attributable to shareholders of the listed company were ¥575,260,678.31, up 48.88% from ¥386,392,070.26 at the end of the previous year[26]. - The basic earnings per share for the reporting period was ¥0.44, an increase of 12.82% from ¥0.39 in the previous year[26]. - The diluted earnings per share also stood at ¥0.44, reflecting a 12.82% increase compared to ¥0.39 in the same period last year[26]. - The weighted average return on net assets was 8.18%, a decrease of 0.57% from 8.75% in the previous year[26]. Cash Flow and Investments - The net cash flow from operating activities was ¥17,368,790.70, a decrease of 12.43% compared to the previous year[69]. - The company reported a net increase in cash and cash equivalents of ¥147,346,779.35, a significant increase of 326.40%, mainly due to the arrival of newly raised funds[69]. - The total amount of funds raised was ¥15,604.61 million, with ¥70.43 million invested during the reporting period[81]. - The company's cash and cash equivalents at the end of the reporting period amounted to ¥320,633,258.49, representing 45.76% of total assets, up from 37.25% at the end of the previous year[72]. - The company has committed a total investment of CNY 41,731.66 million for fundraising projects, with an adjusted total investment amount of CNY 15,604.61 million[82]. - The annual production base project for 10 million stainless steel vacuum insulated cups has a total committed investment of CNY 30,854.7 million, with only CNY 70.43 million invested to date, representing 0.64% of the total[82]. - The R&D testing center project has a total committed investment of CNY 5,876.96 million, with no funds invested as of the reporting period[82]. - The company has not utilized any of the raised funds as of June 30, 2021, and all funds remain in a dedicated account[84]. Business Operations and Strategy - The main business involves the research, design, production, and sales of various beverage and food containers, with a focus on stainless steel vacuum insulated products[37]. - The company primarily operates through OEM/ODM sales, with overseas sales being the main revenue source, particularly in the US market[37]. - The company has developed multiple proprietary brands, including miGo and ONE2GO, enhancing its market presence and brand synergy[48]. - The company aims to capture market opportunities by expanding its product range and enhancing brand development through both self-creation and acquisitions[48]. - The company utilizes a centralized procurement model to reduce costs and risks associated with raw material sourcing, ensuring stable supply channels[52]. - The production model is based on sales forecasts, with adjustments made according to actual market conditions[55]. - The company has established a dual-driven sales model combining OEM/ODM and proprietary brands to strengthen its competitive edge[48]. - The product line includes a variety of stainless steel vacuum insulated containers, catering to diverse consumer needs and preferences[38]. - The company emphasizes innovation in product design to meet the evolving demands of health-conscious and environmentally aware consumers[49]. - The company operates through two sales models: OEM/ODM for international brands and self-owned brand sales targeting end consumers[56]. - The company has established a stable customer base, including international brands like PMI, S'well, and Takeya, enhancing its market share in OEM/ODM production[65]. - The self-owned brand sales primarily focus on domestic markets, utilizing e-commerce, gift group purchases, supermarkets, and live streaming as key sales channels[58]. - The company has invested in advanced production equipment, including fully automated injection molding machines and intelligent laser welding machines, to improve production efficiency and product quality[62]. - The company has received multiple quality awards and certifications, including ISO9001:2015, indicating a strong commitment to quality management[63]. - The company has a robust R&D design system, with a national-level high-tech enterprise status and multiple patents, allowing for rapid product development[64]. - The company acquired the miGo brand in 2019, significantly enhancing its presence in the domestic market and achieving cross-regional growth[66]. - The company aims to strengthen its brand influence by further developing its self-owned brands, such as ONE2GO and miGo[66]. - The company’s manufacturing technology includes advanced techniques like ultra-thin stainless steel welding and vacuum dyeing, contributing to its competitive edge[60]. - The company expects its operational model to remain stable in the foreseeable future, aligning with industry development trends and its own growth needs[59]. Market Risks and Challenges - The company faces risks from unfavorable changes in overseas trade policies, particularly affecting its export sales to the U.S.[100]. - Market competition poses a risk, as consumer demands for product quality and design are increasing in both international and domestic markets[100]. - The company is exposed to operational performance volatility due to fluctuations in the RMB/USD exchange rate, impacting pricing and sales[101]. - The ongoing global pandemic may adversely affect sales, particularly in key markets like the U.S. and Europe[101]. - Raw material price fluctuations, especially for stainless steel, significantly impact production costs and profit margins[102]. - The company has a large inventory, which could affect cash flow and increase the risk of inventory devaluation[102]. Shareholder Information - The company issued 25,000,000 new shares at a price of 7.81 CNY per share, approved by the China Securities Regulatory Commission[157]. - After the issuance, the total number of shares increased to 100,000,000, with the newly issued shares accounting for 25% of the total[156]. - The proportion of restricted shares decreased to 76.29% after the issuance, with 76,288,984 restricted shares remaining[156]. - The largest shareholder, Zhejiang Jiashao Yunhua Investment Management, holds 49.22% of the shares, totaling 49,218,750 shares[161]. - The company has a total of 25,020 shareholders at the end of the reporting period[161]. - The company plans to lift restrictions on certain shares on June 25, 2024, affecting 49,218,750 shares held by major shareholders[156]. - The company has not reported any share buyback progress during the reporting period[156]. - The issuance of new shares is expected to enhance the company's capital structure and support future growth initiatives[157]. - The company has not disclosed any significant impacts on earnings per share or net asset value due to the share issuance[156]. Legal and Compliance - The company did not face any administrative penalties related to environmental issues during the reporting period[117]. - There were no significant lawsuits or arbitration matters reported during the period[129]. - The company did not engage in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[121]. - The half-year financial report has not been audited[123]. - The company has no major contracts that significantly impact profits exceeding 10% of total profit during the reporting period[142]. - There were no major guarantees or other significant contracts reported during the period[143][146]. - The company has not conducted any asset or equity acquisitions or sales during the reporting period[131][134]. - The company has no significant related party transactions during the reporting period[137].