Financial Performance - The company's operating revenue for the first half of 2022 was ¥241,277,047.39, a decrease of 2.29% compared to ¥246,928,788.28 in the same period last year[19]. - Net profit attributable to shareholders was ¥50,841,999.72, reflecting a slight increase of 1.26% from ¥50,209,217.39 year-on-year[19]. - The net profit after deducting non-recurring gains and losses decreased by 17.70% to ¥37,733,387.02 from ¥45,850,598.87 in the previous year[19]. - The net cash flow from operating activities was ¥18,106,406.36, down 52.78% from ¥38,346,912.98 in the same period last year[19]. - Basic and diluted earnings per share both decreased by 25.00% to ¥0.42 from ¥0.56 year-on-year[19]. - The weighted average return on equity dropped to 5.07%, down 7.84% from 12.91% in the previous year[19]. - Total assets at the end of the reporting period were ¥1,051,157,448.56, a decrease of 1.42% from ¥1,066,249,804.06 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 1.10% to ¥994,168,891.78 from ¥983,326,892.06 at the end of the previous year[19]. Business Operations - The company focuses on the research, production, sales, and technical services of color masterbatches, with a commitment to providing customized plastic coloring products to meet customer needs[27]. - The main products include color masterbatches, white masterbatches, black masterbatches, and functional masterbatches, widely used in various industries such as electronics, food and beverage, and automotive[28]. - The company has achieved significant market presence, being recognized as a leading domestic supplier of plastic color masterbatches and included in the Ministry of Industry and Information Technology's list of "specialized and innovative" small giant enterprises[28]. - The company has maintained a stable business model with no changes in its main operations during the reporting period[28]. - The production process is highly customized, with an "order-based" production model ensuring that products meet specific customer requirements[32]. - The company employs a self-research model, holding multiple core technologies and intellectual property rights, focusing on market demand for new product development[31]. - The procurement strategy combines order-based and stock-based purchasing to ensure raw material availability, including resins, titanium dioxide, pigments, and carbon black[31]. - The sales model is primarily direct sales, with no intermediaries, and includes a processing service where customers provide materials for production[33]. - The company has established long-term stable partnerships with numerous well-known enterprises, enhancing its market position[27]. Research and Development - Research and development investment rose by 13.65% to ¥8,748,462.90, reflecting the company's commitment to innovation[46]. - The company is currently developing 12 research projects, including high-concentration PS foaming masterbatch and low-odor ABS masterbatch for automotive interiors[38]. - The company is committed to maintaining stable R&D investment to enhance its technological advantages and product competitiveness[74]. - The company aims to enhance its research and development capabilities to innovate new technologies and products[191]. Market Expansion and Future Plans - The company plans to expand production capacity for high-end color masterbatches, targeting an annual output of 20,000 tons by 2023[61]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 50 million yuan earmarked for potential deals[102]. - Future guidance estimates a revenue growth of 20% for the full year 2022, projecting total revenue to reach 600 million yuan[102]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in sales from this region by the end of 2023[102]. - The company is exploring potential mergers and acquisitions to accelerate growth and market expansion[191]. Financial Management and Governance - The company plans not to distribute cash dividends or issue bonus shares during this period[4]. - The company emphasizes compliance with laws and regulations to protect shareholder interests and enhance corporate governance[94]. - The company is committed to balancing corporate interests with social responsibilities, focusing on sustainable development[94]. - The company has established a credit system and strictly adheres to ethical business practices, including anti-bribery measures[96]. - The company will ensure that any competitive business activities by the major shareholder or controlled entities will be disclosed and managed to avoid conflicts[108]. Risks and Challenges - The company faces risks related to talent loss and technology leakage, particularly concerning core technologies in color matching and production processes[73]. - The company has a risk of declining gross profit margin due to market competition and fluctuations in raw material prices[79]. - There are risks associated with market expansion for the new products due to intensified industry competition and potential lower-than-expected market demand[82]. - The company has a high proportion of inventory aged over one year, which poses a risk of inventory impairment[81]. Shareholder Information - The company held a temporary shareholders' meeting on April 13, 2022, with a participation rate of 67.97%[87]. - The annual shareholders' meeting on May 16, 2022, had a participation rate of 63.16%[87]. - The company has committed to ensuring that its IPO prospectus does not contain false statements or omissions[105]. - The company guarantees to avoid or minimize related party transactions with entities controlled by the major shareholder, ensuring fair market pricing for any unavoidable transactions[109]. Environmental and Social Responsibility - The company actively engages in environmental protection, achieving tangible results in energy conservation, emission reduction, and efficiency improvement[96]. - The company has established a charity fund in August 2007, allocating RMB 50,000 annually to assist impoverished disabled employees and their families[97]. - The company emphasizes employee rights protection, adhering to labor laws and providing good welfare policies[95]. - The company has implemented a safety-first approach, conducting monthly safety inspections and ensuring no major safety incidents occurred during the reporting period[98].

Financial Performance - The company's revenue for Q1 2022 was ¥116,450,796.97, a decrease of 2.30% compared to ¥119,195,750.17 in the same period last year[3] - Net profit attributable to shareholders increased by 9.73% to ¥25,833,130.24 from ¥23,543,439.48 year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 24.75% to ¥17,134,061.68 from ¥22,769,940.60 in the previous year[3] - The total operating revenue for Q1 2022 was CNY 116,450,796.97, a decrease of 0.62% compared to CNY 119,195,750.17 in the same period last year[16] - The company reported a net profit of CNY 30,391,917.93 for the quarter, an increase from CNY 27,846,536.81 in the previous year[16] - The net profit for the first quarter of 2022 was CNY 25,833,130.24, an increase of 9.7% compared to CNY 23,543,439.48 in the same period last year[17] - The company’s total comprehensive income for the period was CNY 25,833,130.24, consistent with the net profit[17] Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥6,000,871.92, a decline of 180.17% compared to ¥7,485,079.68 in the same period last year[3] - The total cash inflow from operating activities was CNY 120,535,714.14, while the cash outflow was CNY 126,536,586.06, resulting in a net cash flow from operating activities of CNY -6,000,871.92[19] - The company reported cash inflow from investment activities of CNY 171,969,461.37, with cash outflow totaling CNY 229,324,454.46, leading to a net cash flow from investment activities of CNY -57,354,993.09[19] - The cash and cash equivalents at the end of the quarter were CNY 483,694,653.52, down from CNY 548,000,572.91 at the beginning of the year[13] - The cash and cash equivalents at the end of the period were CNY 465,808,318.64, down from CNY 529,547,103.65 at the beginning of the period[20] - The company received CNY 10,652,475.33 in cash related to operating activities, compared to CNY 2,229,832.38 in the previous year[19] - The company’s cash flow from financing activities was CNY -382,530.00, indicating a net outflow[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,077,800,373.76, an increase of 1.08% from ¥1,066,249,804.06 at the end of the previous year[3] - The total assets at the end of the quarter were CNY 1,077,800,373.76, compared to CNY 1,066,249,804.06 at the beginning of the year[14] - The total liabilities decreased to CNY 68,523,739.48 from CNY 82,922,912.00 at the beginning of the year[15] - Shareholders' equity attributable to the parent company increased by 2.64% to ¥1,009,276,634.28 from ¥983,326,892.06 at the end of the previous year[3] Operational Metrics - The weighted average return on equity decreased to 2.59% from 6.27% year-on-year, a decline of 3.68%[3] - The accounts receivable increased by 171.53% to ¥6,327,455.63 due to the receipt of commercial acceptance bills from customers[7] - Contract liabilities increased by 539.61% to ¥2,224,239.99, primarily due to an increase in customer prepayments[7] - The total operating costs increased to CNY 95,881,411.90, up 5.8% from CNY 91,286,135.68 year-on-year[16] - The gross profit margin for the quarter was approximately 18%[16] - Accounts receivable increased to CNY 105,846,843.78 from CNY 98,942,961.39, indicating a rise of approximately 7.5%[13] Investments and Future Plans - The company plans to establish a wholly-owned subsidiary in Chuzhou Economic Development Zone with an investment in a project to produce 50,000 tons of color masterbatch materials annually[11] Research and Development - The company’s R&D expenses for the quarter were CNY 4,276,181.56, up from CNY 3,864,026.93 year-on-year[16] Audit and Reporting - The report for the first quarter was not audited[21] - The company did not report any significant new product developments or market expansions during this quarter[21]

Financial Performance - The company's operating revenue for 2021 was CNY 492,341,950.92, representing a 14.62% increase compared to CNY 429,532,780.06 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 108,880,290.20, a 4.29% increase from CNY 104,405,987.85 in the previous year[17]. - The net cash flow from operating activities surged by 238.91% to CNY 123,400,161.11, compared to CNY 36,410,407.10 in 2020[17]. - Total assets at the end of 2021 reached CNY 1,066,249,804.06, a significant increase of 135.01% from CNY 453,703,653.79 at the end of 2020[17]. - The net assets attributable to shareholders increased by 170.21% to CNY 983,326,892.06, compared to CNY 363,907,402.62 in 2020[17]. - The basic earnings per share for 2021 was CNY 1.56, a decrease of 10.34% from CNY 1.74 in 2020[17]. - The weighted average return on equity for 2021 was 16.16%, down from 33.45% in the previous year, indicating a decline of 17.29%[17]. - The company reported a significant increase in revenue for 2021, achieving a total of 1.2 billion RMB, representing a year-on-year growth of 15%[140]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 5.00 per 10 shares, totaling CNY 40,000,000.00 based on 80,000,000 shares[6]. - The cash dividend distribution plan includes a cash dividend of RMB 5.00 per 10 shares, totaling RMB 40,000,000.00, which represents 100% of the total profit distribution[152]. - The company plans to increase its share capital by 40,000,000 shares through capital reserve, resulting in a total share capital of 120,000,000 shares[155]. Market Position and Strategy - The company has a leading market share in the colored masterbatch segment, being ranked first in China[28]. - The company is focusing on high-performance, functional, and environmentally friendly products to meet the evolving demands of the downstream plastic processing industry[27]. - The company aims to continue expanding its market presence and improving management levels through talent acquisition and training[29]. - The company has established long-term stable partnerships with numerous well-known enterprises across various industries, including electronics, food and beverage, and automotive[28]. - The company is actively engaged in technology innovation and new product development to enhance its competitive advantage in the mid-to-high-end black and white masterbatch markets[29]. - The company has expanded its market presence through two production bases in East China (Ningbo, Zhejiang) and South China (Zhongshan, Guangdong), covering five major economic zones in China[93]. Research and Development - The company has invested significantly in R&D, focusing on new products and technologies to align with market demands[35]. - The company has independently developed 7 invention patents and is applying for 4 additional patents, enhancing its innovation capabilities[49]. - The company invested CNY 16,851,474.15 in R&D in 2021, representing 3.42% of its operating revenue[67]. - The company is focusing on biodegradable masterbatch development to meet environmental standards and fill gaps in high-end biodegradable products[66]. - The company has ongoing R&D projects aimed at developing specialized flame-retardant materials, which are expected to create new growth opportunities[64]. Risks and Challenges - The company faces several risks, including talent loss, new product development risks, and macroeconomic fluctuations, which could impact future performance[6]. - The company acknowledges risks from macroeconomic fluctuations and the ongoing COVID-19 pandemic, which could adversely affect demand and operational performance[97]. - The company reports that raw material costs accounted for 86.13% of its main business costs, making it vulnerable to price fluctuations[98]. Internal Control and Governance - The company has implemented a comprehensive internal control system to enhance governance and information disclosure quality[51]. - The company has established a robust internal control system to protect shareholder rights and ensure compliance with relevant laws and regulations[165]. - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication through designated media[117]. - The company has a diverse board composition, including independent directors, which supports better oversight and accountability[130]. Social Responsibility and Compliance - The company strictly adhered to environmental protection laws and regulations, with no administrative penalties reported during the reporting period[163]. - The company has been recognized as an A-level taxpayer in Ningbo and a AAA-level enterprise for contract compliance by government departments and third-party evaluation agencies[168]. - The company actively participates in public welfare initiatives and environmental protection efforts, enhancing its public image[168]. - The company donated RMB 200,000 to support the education development fund project in December 2021[170]. Shareholder Commitments and Stock Management - The company is currently fulfilling its commitments regarding shareholding restrictions and stock reduction promises made during its IPO[173]. - The company is committed to stabilizing its stock price through measures such as share buybacks and increasing shareholdings by major shareholders if the stock price falls below the audited net asset value per share for 20 consecutive trading days[176]. - The company has pledged to strictly adhere to the commitments disclosed in its initial public offering prospectus, ensuring transparency and accountability[185].

1 证券代码：301019 证券简称：宁波色母 公告编号：2021-031 宁波色母粒股份有限公司 关于参加"宁波辖区 2021 年度上市公司投资者网上集体接待日主题活动"的 公告 本公司及董事会全体成员保证公告内容真实、准确和完整，无虚假记载、 误导性陈述或重大遗漏。 为进一步加强宁波辖区上市公司与投资者特别是中小投资者的沟通交流， 增加上市公司的透明度，提升公司治理水平，促进公司规范运作，在宁波证监 局指导下，宁波上市公司协会联合深圳市全景网络有限公司共同举办"心系投 资者 携手共行动"——宁波辖区 2021 年度上市公司投资者网上集体接待日主 题活动。活动于 2021 年 11 月 18 日下午 15:00-17:00 举行，平台登陆地址为： https://rs.p5w.net/。 届时，公司高管人员将参加本次活动，通过深圳市全景网络有限公司提供 的网上交流平台，采用网络远程方式与投资者进行在线文字互动交流。欢迎广 大投资者踊跃参与！ 特此公告。 宁波色母粒股份有限公司 董事会 二〇二一年十一月十一日 ...

Financial Performance - Total revenue for Q3 2021 was ¥115,407,175.84, a decrease of 2.20% compared to the same period last year[4] - Net profit attributable to shareholders was ¥26,253,085.44, down 0.75% year-on-year[4] - Net profit excluding non-recurring gains and losses was ¥25,916,847.92, an increase of 0.30% compared to the previous year[4] - Basic earnings per share for Q3 2021 was ¥0.33, a decrease of 25.00% year-on-year[4] - The weighted average return on net assets was 2.80%, down 5.76% from the previous year[4] - Total operating revenue for Q3 2021 reached ¥362,335,964.12, an increase of 20.5% compared to ¥300,631,062.40 in Q3 2020[19] - Operating profit for Q3 2021 was ¥84,964,942.53, compared to ¥74,519,009.53 in Q3 2020, reflecting a growth of 14.7%[19] - Net profit for Q3 2021 after tax was ¥76,462,302.83, an increase from ¥62,758,740.70 in Q3 2020, representing a growth of 21.8%[19] - The net profit for the third quarter of 2021 was CNY 76,462,302.83, an increase of 21.8% compared to CNY 62,758,740.70 in the same period last year[20] - Basic and diluted earnings per share for the third quarter were both CNY 1.15, up from CNY 1.05 in the previous year, reflecting a growth of 9.5%[20] - The total comprehensive income attributable to the parent company was CNY 76,462,302.83, consistent with the net profit figure, indicating no other comprehensive income adjustments[20] Cash Flow and Liquidity - Cash flow from operating activities for the year-to-date increased by 150.18% to ¥71,185,340.12[8] - Cash flow from operating activities generated a net amount of CNY 71,185,340.12, significantly higher than CNY 28,453,359.13 in the same period last year, marking a year-over-year increase of 150.0%[22] - Total cash and cash equivalents at the end of the period reached CNY 485,677,812.73, compared to CNY 76,257,600.28 at the end of the previous year, indicating a substantial increase[23] - Cash inflow from financing activities amounted to CNY 534,148,962.26, with a net cash flow of CNY 511,930,380.81 after outflows, compared to a net outflow of CNY 6,967,452.83 in the same period last year[23] - The company reported cash inflows from sales of goods and services totaling CNY 393,945,161.89, up from CNY 294,012,295.44 in the previous year, representing a growth of 33.9%[22] - Investment activities resulted in a net cash outflow of CNY 179,324,668.29, compared to a smaller outflow of CNY 6,282,358.69 in the same period last year, indicating increased investment activity[23] - The company received CNY 2,000,000.00 from the recovery of investments during the period, which was not reported in the same period last year[22] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,023,185,875.19, a year-on-year increase of 125.52%[5] - Total assets as of September 30, 2021, amounted to ¥1,023,185,875.19, significantly higher than ¥453,703,653.79 at the end of 2020[17] - Cash and cash equivalents increased to ¥494,076,269.84 from ¥94,157,353.87, marking a growth of 424.5%[15] - Inventory decreased to ¥82,299,804.45 from ¥96,816,153.14, a reduction of 15.0%[15] - Total liabilities decreased to ¥71,441,719.80 from ¥89,796,251.17, a decline of 20.5%[17] - Total liabilities amounted to ¥89,796,251.17, with current liabilities at ¥77,182,218.69 and non-current liabilities at ¥12,614,032.48[27] - Shareholders' equity increased by 161.53% to ¥951,744,155.39 compared to the previous year[5] - Shareholders' equity increased to ¥951,744,155.39 from ¥363,907,402.62, reflecting a growth of 161.5%[17] - Owner's equity totaled ¥363,907,402.62, with a capital reserve of ¥175,186,273.18 and undistributed profits of ¥110,349,145.47[28] Research and Development - R&D expenses for Q3 2021 were ¥11,809,551.02, up from ¥10,411,952.97 in Q3 2020, indicating a focus on innovation[19] Fund Utilization - The company plans to use part of the raised funds to permanently supplement working capital[13] - The company has approved the use of raised funds to replace self-raised funds for investment projects[13] Accounting Standards - The company has implemented new leasing standards starting from 2021, which may affect future financial reporting and asset valuations[24] - The company adopted the new leasing standards effective January 1, 2021, adjusting retained earnings and related financial statement items accordingly[29] Audit Status - The company has not undergone an audit for the third quarter report[30]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥246,928,788.28, representing a 35.21% increase compared to ¥182,631,859.02 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥50,209,217.39, up 38.29% from ¥36,306,887.82 year-on-year[22]. - Basic earnings per share rose to ¥0.84, reflecting a 37.70% increase from ¥0.61 in the same period last year[22]. - The company's net profit after deducting non-recurring gains and losses was 45.85 million yuan, reflecting a growth of 29.82% year-on-year[50]. - The total comprehensive income attributable to the parent company for the first half of 2021 was ¥50,209,217.39, compared to ¥36,306,887.82 in the same period of 2020, representing an increase of approximately 38.3%[158]. - The company reported a significant increase in comprehensive income, driven by improved operational performance and effective cost management strategies[158]. Cash Flow and Assets - The net cash flow from operating activities surged to ¥38,346,912.98, a significant increase of 1,171.23% compared to ¥3,016,531.19 in the previous year[22]. - The net increase in cash and cash equivalents reached ¥567,385,360.04, significantly up from a decrease of ¥5,551,145.32 in the previous year, mainly due to the inflow of raised funds and sales receipts[62]. - The company's total assets at the end of the reporting period reached ¥1,019,682,239.42, a 124.75% increase from ¥453,703,653.79 at the end of the previous year[23]. - Cash and cash equivalents at the end of the first half of 2021 totaled ¥649,271,553.16, compared to ¥55,502,907.35 at the end of the first half of 2020, reflecting a substantial increase[163]. - Current assets totaled CNY 934,435,049.25, compared to CNY 366,924,211.29 at the end of 2020, indicating a substantial growth[149]. Operational Strategy - The company adopts a customized production model based on advanced color matching technology and mature production processes, ensuring high-quality and stable products[36]. - The procurement model combines order-based and stock-based purchasing, ensuring raw material availability while maintaining safety stock for frequently used materials[38]. - The production process is order-based, with trial production and customer confirmation before mass production to ensure product quality[39]. - The sales strategy is direct sales without intermediaries, focusing on customized production to meet diverse customer requirements[41]. - The company has established long-term stable partnerships with well-known enterprises such as LG Group and Nongfu Spring, enhancing its market position[31]. Market Position and Products - The company is a leading domestic supplier of plastic color masterbatches, with a continuous market share of 1st place in colored masterbatches for several years[31]. - The main products include colored masterbatches, white masterbatches, black masterbatches, and functional masterbatches, widely used in industries such as electronics, food and beverage, and construction[32]. - The company’s colored masterbatch market share ranks first in China, with significant sales volume and revenue in the industry[46]. - The color masterbatch industry is mature, with significant advantages over other coloring methods, making it the preferred choice for downstream plastic product manufacturers[42]. - The company focuses on high-performance, functional, and environmentally friendly products to meet the evolving demands of the downstream plastic processing industry[45]. Risks and Management - The company has outlined potential risks and corresponding measures in its management discussion section, emphasizing the importance of risk awareness for investors[5]. - The company faces risks related to macroeconomic fluctuations, raw material price volatility, and intensified market competition, which could adversely affect its performance[77][78][79]. - The company faces intensified market competition in the color masterbatch industry, with risks from larger competitors and potential loss of market share if it fails to innovate and expand[80]. - The company has implemented a strategic plan to expand business scale, optimize business structure, and reduce operational costs to enhance competitiveness[81]. - Key measures include accelerating investment project construction, improving product structure, and controlling expense ratios to achieve expected benefits[82]. Shareholder Information - The total number of shares increased from 60 million to 80 million following the issuance of 20 million new shares, diluting earnings per share and net assets per share accordingly[126]. - The largest shareholder, Ren Weiqing, holds 29.82% of the shares, totaling 23,855,347 shares[133]. - The company has a total of 26,860 ordinary shareholders at the end of the reporting period[133]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[136]. - The company does not have any preferred shares outstanding[141]. Compliance and Governance - The issuance of new shares was approved by the China Securities Regulatory Commission, reflecting regulatory compliance and transparency[124]. - The company has not faced any significant legal disputes or administrative penalties related to environmental issues during the reporting period[92][101]. - The half-year financial report has not been audited, indicating that the financial results are still subject to review[98]. - The financial statements were prepared in accordance with the accounting standards issued by the Ministry of Finance[179]. - The company has maintained its ability to continue as a going concern for at least 12 months from the reporting date[177].