Color Master Batch(301019)

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宁波色母(301019) - 宁波色母粒股份有限公司2025年1-6月非经营性资金占用及其他关联资金往来情况汇总表
2025-08-26 11:28
宁波色母粒股份有限公司 2025 年 1-6 月 非经营性资金占用及其他关联资金往来情况汇总表 单位:元 | 非经营性资金占用 | 资金占用方名称 | 占用方与上 市公司的关 | 上市公司核算的 | 2025 年期初占用 | 2025 年 1-6 月占 | 2025 年 | 1-6 月偿 | 2025年1-6月期末占 | 占用形成原因 | 占用性质 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 会计科目 | 资金余额 | 用累计发生金额 | | 还累计发生金额 | 用资金余额 | | | | | | | 联关系 | | | | | | | | | | | 控股股东、实际控制人 | 无 | 无 | 无 | 无 | 无 | 无 | | 无 | 无 | 非经营性占用 | | | 及其附属企业 | | | | | | | | | | | | | 小计 | - | - | - | | | | | | - | - | | | 前控股股东、实际控制 | 无 | 无 | 无 | 无 | 无 | 无 | ...
宁波色母(301019) - 关于公司2025年半年度募集资金存放与使用情况的专项报告的公告
2025-08-26 11:28
证券代码:301019 证券简称:宁波色母 公告编号:2025-041 宁波色母粒股份有限公司 关于公司 2025 年半年度募集资金存放与使用情况的专项报告的 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。 根据《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司规 范运作》、《深圳证券交易所创业板股票上市规则》、《上市公司监管指引第 2 号— —上市公司募集资金管理和使用的监管要求》等有关规定,现将宁波色母粒股份 有限公司(以下简称"公司"或"宁波色母")《2025 年半年度募集资金存放与使 用情况的专项报告》如下: 一、募集资金基本情况 (一)实际募集资金金额、资金到位情况 根据中国证券监督管理委员会《关于同意宁波色母粒股份有限公司首次公开 发行股票注册的批复》(证监许可[2021]1866 号),公司获准公开发行 2,000.00 万 股人民币普通股,本次发行不涉及发行人原有股东公开发售股票。本次发行价格 为 28.94 元/股,募集资金总额为 57,880.00 万元,扣除发行费用后募集资金净额 为 51,054.96 万元。上述募集资金于 ...
宁波色母(301019) - 监事会决议公告
2025-08-26 11:25
证券代码:301019 证券简称:宁波色母 公告编号:2025-038 (一)审议通过《关于公司<2025 年半年度报告>及摘要的议案》 经审议,监事会全体成员一致认为公司 2025 年半年度报告真实、准确、完 整地反映了公司 2025 年半年度的财务状况和经营成果,不存在虚假记载、误导 性陈述和重大遗漏,披露的信息真实、准确、完整。 表决结果:3 票同意,0 票反对,0 票弃权。 宁波色母粒股份有限公司 第二届监事会第十九次会议决议公告 本公司及监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。 一、监事会会议召开情况 宁波色母粒股份有限公司(以下简称"公司")第二届监事会第十九次会议 于 2025 年 8 月 26 日(星期二)在公司会议室以现场的方式召开。会议通知已于 2025 年 8 月 16 日通过邮件的方式送达各位监事。本次会议应出席监事 3 人,实 际出席监事 3 人。 会议由监事会主席张旭波主持,公司部分高级管理人员列席会议。会议召开 符合有关法律、法规、规章和《公司章程》的规定。出席会议的监事对各项议案 进行了认真审议并做出了如下决议: 二、监事会会议审议情况 ...
宁波色母(301019) - 董事会决议公告
2025-08-26 11:24
证券代码:301019 证券简称:宁波色母 公告编号:2025-037 宁波色母粒股份有限公司 第二届董事会第二十三次会议决议公告 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。 一、董事会会议召开情况 表决结果:9 票同意,0 票反对,0 票弃权。 具 体 内 容 详 见 公 司 于 2025 年 8 月 27 日 披 露 于 巨 潮 资 讯 网 (http://www.cninfo.com.cn)的《2025 年半年度报告》(公告编号:2025-040)和 《2025 年半年度报告摘要》(公告编号:2025-039)。 公司第二届董事会审计委员会第十一次会议已审议通过了该议案。 (二)审议通过《关于公司<2025 年半年度募集资金存放与使用情况的专项 报告>的议案》 1 宁波色母粒股份有限公司(以下简称"公司")第二届董事会第二十三次会 议于 2025 年 8 月 26 日(星期二)在公司会议室以现场结合通讯的方式召开。会 议通知已于 2025 年 8 月 16 日通过邮件的方式送达各位董事。本次会议应出席董 事 9 人,实际出席董事 9 人。 会议由董事长任卫庆 ...
宁波色母(301019) - 2025 Q2 - 季度财报
2025-08-26 11:20
Important Notice, Table of Contents, and Definitions [Important Notice](index=2&type=section&id=Important%20Notice) The Board, Supervisory Board, and senior management guarantee the report's authenticity and completeness; no interim cash dividends, bonus shares, or capital reserve conversions are planned - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital[4](index=4&type=chunk) [Catalogue of Reference Documents](index=4&type=section&id=Catalogue%20of%20Reference%20Documents) This section lists the company's reference documents for the reporting period, including signed financial statements and original announcements, available at the Board Office - Reference documents include signed and sealed financial statements, original drafts of publicly disclosed documents, and the original semi-annual report[8](index=8&type=chunk)[9](index=9&type=chunk)[10](index=10&type=chunk) - Documents are available at the company's Board of Directors Office[12](index=12&type=chunk) [Definitions](index=5&type=section&id=Definitions) This section defines common terms used in the report, covering regulatory bodies, company entities, reporting period, and various product materials - Reporting Period: January 1, 2025, to June 30, 2025[13](index=13&type=chunk) - Color Masterbatch: Composed of pigment, resin, and additives, it is a cylindrical or spherical polymer granule formed by uniformly loading appropriate pigment into resin[13](index=13&type=chunk) Company Profile and Key Financial Indicators [Company Profile](index=6&type=section&id=Company%20Profile) This section provides the company's basic information, including stock ticker "Ningbo Color Masterbatch", stock code 301019, and legal representative Ren Weiqing Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Ningbo Color Masterbatch | | Stock Code | 301019 | | Stock Exchange | Shenzhen Stock Exchange | | Legal Representative | Ren Weiqing | [Contact Persons and Information](index=6&type=section&id=Contact%20Persons%20and%20Information) This section discloses contact information for the company's Board Secretary Chen Jianguo and Securities Affairs Representative Pan Lichao Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Chen Jianguo | No. 168 Jinhui West Road, Panhu Street, Yinzhou District, Ningbo City, Zhejiang Province | 0574-88393328 | 0574-88393335 | nbsml@muli.cn | | Securities Affairs Representative | Pan Lichao | No. 168 Jinhui West Road, Panhu Street, Yinzhou District, Ningbo City, Zhejiang Province | 0574-88393328 | 0574-88393335 | nbsml@muli.cn | [Other Information](index=6&type=section&id=Other%20Information) This section states that the company's contact information, disclosure, and registration details remained unchanged during the reporting period - The company's registered address, office address, postal code, website, and email remained unchanged during the reporting period[18](index=18&type=chunk) - Information disclosure and document availability locations remained unchanged during the reporting period[19](index=19&type=chunk) - The company's registration status remained unchanged during the reporting period[20](index=20&type=chunk)[21](index=21&type=chunk) [Key Accounting Data and Financial Indicators](index=7&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) This section presents key accounting data and financial indicators, showing a **7.95%** revenue decrease but a **10.50%** net profit increase and **59.35%** operating cash flow growth Key Accounting Data and Financial Indicators (Year-on-Year) | Indicator | Current Period (RMB) | Prior Period (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 219,394,197.34 | 238,352,163.56 | -7.95% | | Net Profit Attributable to Shareholders of Listed Company | 52,013,927.00 | 47,072,024.28 | 10.50% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains and Losses) | 43,209,875.70 | 40,687,675.52 | 6.20% | | Net Cash Flow from Operating Activities | 47,216,327.34 | 29,630,112.90 | 59.35% | | Basic Earnings Per Share (RMB/share) | 0.31 | 0.28 | 10.71% | | Diluted Earnings Per Share (RMB/share) | 0.31 | 0.28 | 10.71% | | Weighted Average Return on Net Assets | 4.65% | 4.20% | 0.45% | Key Accounting Data and Financial Indicators (Period-End Comparison) | Indicator | Current Period-End (RMB) | Prior Year-End (RMB) | Change from Prior Year-End | | :--- | :--- | :--- | :--- | | Total Assets | 1,253,385,064.23 | 1,252,170,524.36 | 0.10% | | Net Assets Attributable to Shareholders of Listed Company | 1,052,778,094.53 | 1,138,303,128.31 | -7.51% | [Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=7&type=section&id=Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company reported no differences in net profit or net assets between international/overseas and Chinese accounting standards - The company reported no differences in net profit and net assets between financial reports disclosed under International Accounting Standards and Chinese Accounting Standards during the reporting period[23](index=23&type=chunk) - The company reported no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese Accounting Standards during the reporting period[24](index=24&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=7&type=section&id=Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) This section details non-recurring gains and losses totaling **RMB 8,804,051.30**, primarily from asset disposal, government grants, and financial instrument fair value changes Non-Recurring Gains and Losses Items and Amounts | Item | Amount (RMB) | | :--- | :--- | | Gains and losses from disposal of non-current assets (including the write-back of asset impairment provisions) | 171,953.97 | | Government grants recognized in current profit or loss (excluding those closely related to the company's ordinary operations, compliant with national policies, enjoyed under fixed standards, and with a continuous impact on company profit or loss) | 2,463,304.56 | | Gains and losses from changes in fair value of financial assets and liabilities held by non-financial enterprises, and from disposal of financial assets and liabilities, excluding effective hedge accounting related to ordinary business operations | 7,529,022.03 | | Other non-operating income and expenses apart from the above items | 208,507.88 | | Less: Income tax impact | 1,568,737.14 | | Total | 8,804,051.30 | Management Discussion and Analysis [Company's Main Business Activities During the Reporting Period](index=9&type=section&id=Company's%20Main%20Business%20Activities%20During%20the%20Reporting%20Period) The company primarily engages in R&D, production, sales, and technical services of customized plastic color masterbatches for diverse industries, with no change in main business during the period - The company primarily engages in the R&D, production, sales, and technical services of color masterbatches, committed to providing customized plastic coloring products to customers[29](index=29&type=chunk) - The company's products are widely used in electronics, daily necessities, food and beverages, chemicals, daily chemicals, building materials, agriculture, automotive, and medical fields[29](index=29&type=chunk) - The company's main business activities remained unchanged during the reporting period[30](index=30&type=chunk) [Main Products](index=9&type=section&id=Main%20Products) The company's main products are color masterbatches, including four categories: color, white, black, and functional, applied across various plastic products and industries Company's Main Products and Application Areas | Product Category | Product Description | Application Areas | | :--- | :--- | :--- | | Color Masterbatch | Selected plastic resins, pigments, and additives are processed through high-speed mixing, uniform temperature-controlled kneading, extrusion, cooling, and pelletizing to produce various colors according to customer requirements | Food and beverage packaging, electronics, daily chemicals, daily necessities, etc | | White Masterbatch | Selected plastic resins, titanium dioxide, and additives are processed through pressurized mixing, uniform temperature-controlled kneading, extrusion, cooling, and pelletizing, with titanium dioxide content in products typically ranging from 40%-70% | Home appliances, optical films, food and pharmaceutical packaging films, food and beverage packaging, medical supplies, plastic raw materials, etc | | Black Masterbatch | Selected plastic resins, carbon black, and additives are processed through pressurized mixing, uniform temperature-controlled kneading, extrusion, cooling, and pelletizing, with carbon black content in products typically ranging from 10%-50% | Electronics, automotive plastic parts, shade nets, agricultural films, modified plastics, etc | | Functional Masterbatch | Selected plastic resins, pigments, processing aids, and functional additives are processed through low-speed stirring pretreatment, high-speed mixing, uniform temperature-controlled kneading, extrusion, and pelletizing | Home appliances, optical films, daily necessities, electronic products, building materials, plastic raw materials, etc | [Business Model](index=9&type=section&id=Business%20Model) The company operates on a customized product and service model, with independent R&D, combined order-based and stock-up procurement, order-based production, and direct sales - Profit Model: Based on advanced color matching technology, mature production processes, and independent innovation capabilities, the company provides customized production and services according to customer needs, offering stable quality and high-performance products to achieve profitability[32](index=32&type=chunk) - R&D Model: Adopts an independent R&D model, guided by customer and market demands for new product, process, and technology development, including solution planning, formula system output, review, trial production verification, and result confirmation[33](index=33&type=chunk) - Procurement Model: Combines "order-based procurement and stock-up procurement", with main raw materials including plastic resins, titanium dioxide, pigments, carbon black, and additives[34](index=34&type=chunk) - Production Model: Adopts an "order-based" production model, where products are highly customized and require trial production and customer approval before mass production[35](index=35&type=chunk) - Sales Model: Primarily direct sales, with no dealer sales; some customers are traders, all using outright sales; some products are sold via entrusted processing[36](index=36&type=chunk) [Company's Main Performance Drivers During the Reporting Period](index=10&type=section&id=Company's%20Main%20Performance%20Drivers%20During%20the%20Reporting%20Period) Performance drivers include customized orders, product innovation, **RMB 8.0757 million** R&D investment, talent development, and market expansion, contributing to **RMB 219.3942 million** revenue and **RMB 52.0139 million** net profit - During the reporting period, the company achieved operating revenue of **RMB 219.3942 million**, net profit attributable to shareholders of **RMB 52.0139 million**, and net profit attributable to shareholders excluding non-recurring gains and losses of **RMB 43.2099 million**[38](index=38&type=chunk) - Total R&D expenses during the reporting period were **RMB 8.0757 million**, accounting for **3.68%** of operating revenue, ensuring the company's continuous innovation capability[38](index=38&type=chunk) - Adhering to a customized order model for customers, optimizing innovative product structures, and enhancing core competitiveness[38](index=38&type=chunk) - Strengthening talent cultivation, optimizing a younger talent structure, and enhancing team building[39](index=39&type=chunk)[40](index=40&type=chunk) - Actively expanding markets, optimizing customer structure, and promoting brand building[41](index=41&type=chunk) [Core Competitiveness Analysis](index=11&type=section&id=Core%20Competitiveness%20Analysis) The company's core competitiveness stems from 40 years of experience, encompassing R&D, customer resources, product quality, technical services, brand recognition, standard setting, and robust management - Technological R&D Advantage: Possesses advanced color matching technology, a self-developed trial production mechanism simulating customer production processes, production technology for uniform pigment dispersion, and **11 authorized invention patents**[42](index=42&type=chunk)[43](index=43&type=chunk) - Customer Resource Advantage: Wide application in downstream industries, established long-term stable cooperative relationships with numerous well-known enterprises, and capable of promptly understanding new customer demands[44](index=44&type=chunk) - Product Quality Advantage: Ensures product quality stability and consistency through leading color matching technology, production processes, and a complete and strict quality control system, fostering customer loyalty[45](index=45&type=chunk) - Supporting Technical Service Advantage: Provides full-process services to customers in product development, production, and after-sales, ensuring efficient interaction and rapid response to customer needs[46](index=46&type=chunk) - Brand Advantage: Owns the "Mingzhou" Zhejiang Provincial Famous Trademark, possessing high brand recognition and influence in the domestic and international color masterbatch industry[47](index=47&type=chunk) - Standard Setting Advantage: Is a Vice President Unit of the China Dyestuff Industry Association, participated in or led the drafting of **5 industry standards**, **1 national standard**, and **4 upstream and downstream industry standards**, enhancing its industry influence[48](index=48&type=chunk) - Management Advantage: Possesses a stable management team with many years of industry experience, established comprehensive management systems for procurement, production, sales, and R&D, and obtained ISO9001, ISO45001, and ISO14001 system certifications[49](index=49&type=chunk) [Main Business Analysis](index=12&type=section&id=Main%20Business%20Analysis) Main business remained stable, with revenue down **7.95%** but costs down **13.86%**, improving gross margin; operating cash flow surged **59.35%** due to reduced raw material purchases - The company's profit structure or sources of profit did not undergo significant changes during the reporting period[52](index=52&type=chunk) Year-on-Year Changes in Key Financial Data | Indicator | Current Period (RMB) | Prior Period (RMB) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 219,394,197.34 | 238,352,163.56 | -7.95% | | | Operating Cost | 139,013,196.96 | 161,375,152.54 | -13.86% | | | Selling Expenses | 14,108,577.31 | 13,433,934.82 | 5.02% | | | Administrative Expenses | 7,385,756.49 | 7,917,152.41 | -6.71% | | | Financial Expenses | -965,195.50 | -2,384,401.10 | | Primarily due to a decrease in bank deposit scale and lower interest rates | | Income Tax Expense | 8,246,410.40 | 7,371,677.78 | 11.87% | | | R&D Investment | 8,075,748.60 | 8,558,210.87 | -5.64% | | | Net Cash Flow from Operating Activities | 47,216,327.34 | 29,630,112.90 | 59.35% | Primarily due to a decrease in raw material procurement during the current period | | Net Cash Flow from Investing Activities | 80,603,456.08 | -60,588,236.45 | | Primarily due to the maturity of wealth management products during the current period | | Net Cash Flow from Financing Activities | -38,884,926.18 | -66,516,220.53 | | Primarily due to repayment of borrowings and dividend distribution in the prior period | | Net Increase in Cash and Cash Equivalents | 88,931,105.48 | -97,473,652.51 | | | Products or Services Accounting for Over 10% | Product or Service | Operating Revenue (RMB 10,000) | Operating Cost (RMB 10,000) | Gross Profit Margin | Operating Revenue Change from Prior Period | Operating Cost Change from Prior Period | Gross Profit Margin Change from Prior Period | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Color Masterbatch | 20,619.52 | 12,942.28 | 37.23% | -9.47% | -15.54% | 4.51% | [Non-Core Business Analysis](index=13&type=section&id=Non-Core%20Business%20Analysis) Non-core business, primarily investment income of **RMB 7.529 million** and government grants of **RMB 3.294 million**, accounted for **12.49%** and **5.47%** of total profit, respectively, and are not sustainable Composition of Non-Core Business | Item | Amount (RMB) | Proportion of Total Profit | Reason for Formation | Sustainability | | :--- | :--- | :--- | :--- | :--- | | Investment Income | 7,529,022.03 | 12.49% | Investment income generated from cash management of own funds and raised funds | No | | Other Income | 3,294,555.54 | 5.47% | Due to various government awards and VAT super deduction benefits for advanced manufacturing enterprises | No | [Analysis of Assets and Liabilities](index=13&type=section&id=Analysis%20of%20Assets%20and%20Liabilities) Total assets slightly increased by **0.10%**, while net assets attributable to shareholders decreased by **7.51%**; changes in asset composition include increased cash and other payables (due to dividend accrual), with no major changes in asset measurement attributes Significant Changes in Asset Composition | Item | Current Period-End Amount (RMB) | Proportion of Total Assets | Prior Year-End Amount (RMB) | Proportion Change | Explanation of Significant Change | | :--- | :--- | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 187,462,037.53 | 14.96% | 99,237,669.02 | 7.03% | | | Accounts Receivable | 141,476,268.39 | 11.29% | 143,527,693.02 | -0.17% | | | Inventories | 60,224,660.10 | 4.80% | 66,206,117.36 | -0.49% | | | Construction in Progress | 114,146,275.97 | 9.11% | 97,319,470.40 | 1.34% | | | Financial Assets Held for Trading | 162,850,000.00 | 12.99% | 205,120,000.00 | -3.39% | | | Other Current Assets | 402,058,168.42 | 32.08% | 458,479,926.35 | -4.53% | | | Other Payables | 106,946,726.56 | 8.53% | 7,203,536.39 | 7.95% | Accrual of cash dividends of **RMB 98,978,034.60** | | Treasury Stock | 50,496,296.60 | 4.03% | 11,939,628.33 | 3.08% | | - The company's main asset measurement attributes did not undergo significant changes during the reporting period[60](index=60&type=chunk)[61](index=61&type=chunk) Asset Restrictions as of the End of the Reporting Period | Item | Period-End Book Balance (RMB) | Period-End Book Value (RMB) | Type of Restriction | Restriction Details | | :--- | :--- | :--- | :--- | :--- | | Notes Receivable | 851,193.22 | 851,193.22 | Other | Notes receivable that have been discounted or endorsed but not yet matured | [Investment Analysis](index=15&type=section&id=Investment%20Analysis) Investment decreased by **100%** to **RMB 0**; major non-equity projects are delayed to June 2026, while a Zhongshan expansion project is operational but underperforming; total raised funds utilization is **65.26%** Investment Amount During the Reporting Period | Indicator | Investment Amount in Current Period (RMB) | Investment Amount in Prior Period (RMB) | Change Rate | | :--- | :--- | :--- | :--- | | Investment Amount | 0.00 | 1,000,000.00 | -100.00% | - The "Annual Production of 20,000 Tons of Mid-to-High-End Color Masterbatch Project" has been delayed to June 23, 2026, with cumulative investment reaching **73.47%** of the budget to date[72](index=72&type=chunk)[73](index=73&type=chunk)[95](index=95&type=chunk) - The "R&D Center Upgrade Project" has been delayed to June 23, 2026, with cumulative investment reaching **36.75%** of the budget to date[72](index=72&type=chunk)[73](index=73&type=chunk) - The "Annual Production of 10,000 Tons of Mid-to-High-End Color Masterbatch Zhongshan Expansion Project" commenced operation in June 2023, but its capacity was not fully utilized this period, thus failing to meet expected returns[73](index=73&type=chunk) Overall Utilization of Raised Funds | Indicator | Amount (RMB 10,000) | Proportion | | :--- | :--- | :--- | | Net Amount of Raised Funds | 51,054.96 | | | Total Raised Funds Used in Current Period | 3,121.44 | | | Total Raised Funds Cumulatively Used | 33,316.42 | 65.26% | | Unused Raised Funds | 20,465.61 | | - As of June 30, 2025, the company had unused raised funds of **RMB 206,753,238.55**, including **RMB 147,850,000** for structured deposits, **RMB 12,000,000** for large-denomination certificates of deposit, and **RMB 46,594,071.88** in special raised funds accounts[70](index=70&type=chunk) Overview of Wealth Management During the Reporting Period | Specific Type | Source of Wealth Management Funds | Amount of Wealth Management Transactions (RMB 10,000) | Unmatured Balance (RMB 10,000) | | :--- | :--- | :--- | :--- | | Bank Wealth Management Products | Raised Funds | 44,136 | 15,985 | | Bank Wealth Management Products | Own Funds | 18,970 | 38,539.73 | | Total | | 63,106 | 54,524.73 | [Significant Asset and Equity Sales](index=21&type=section&id=Significant%20Asset%20and%20Equity%20Sales) The company did not engage in any significant asset or equity sales during the reporting period - The company did not sell significant assets during the reporting period[80](index=80&type=chunk) - The company did not sell significant equity during the reporting period[81](index=81&type=chunk) [Analysis of Major Holding and Participating Companies](index=21&type=section&id=Analysis%20of%20Major%20Holding%20and%20Participating%20Companies) This section details financial data for major subsidiaries, Ningbo Color Masterbatch (Chuzhou) and (Zhongshan), with no acquisitions or disposals during the period Financial Performance of Major Subsidiaries | Company Name | Company Type | Registered Capital (RMB) | Total Assets (RMB) | Net Assets (RMB) | Operating Revenue (RMB) | Operating Profit (RMB) | Net Profit (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Ningbo Color Masterbatch (Chuzhou) Co., Ltd. | Subsidiary | 60,000,000 | 163,116,798.75 | 58,783,323.51 | 9,443.31 | 275,334.49 | 208,001.14 | | Ningbo Color Masterbatch (Zhongshan) Co., Ltd. | Subsidiary | 30,000,000 | 40,087,666.56 | 1,431,761.35 | 25,668,176.00 | 1,131,015.75 | 1,103,967.36 | - No subsidiaries were acquired or disposed of during the reporting period[82](index=82&type=chunk) [Information on Structured Entities Controlled by the Company](index=21&type=section&id=Information%20on%20Structured%20Entities%20Controlled%20by%20the%20Company) The company did not control any structured entities during the reporting period - The company did not control any structured entities during the reporting period[83](index=83&type=chunk) [Risks Faced by the Company and Countermeasures](index=21&type=section&id=Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) The company faces risks from market competition, raw material price volatility, bad debts, underperforming new capacity, and talent loss, addressed by differentiated strategies, R&D, and enhanced management - Risk of intensified market competition: The color masterbatch industry is highly market-oriented, and the entry of new competitors and expansion of large enterprises may affect the company's market share, sales prices, and gross profit margins[83](index=83&type=chunk) - Measures to address market competition risk: Adopt differentiated competition and industry chain integration strategies, optimize product and customer structures, increase R&D investment and technological innovation, enhance the "MINGZHOU" brand position, advance fundraising projects, rationally plan production bases, and improve capacity and utilization rates[83](index=83&type=chunk)[84](index=84&type=chunk) - Risk of fluctuations in major raw material prices: The company's direct material costs account for a relatively high proportion, and significant increases in raw material prices may adversely affect operating performance and gross profit margins[85](index=85&type=chunk) - Measures to address raw material price fluctuation risk: Continuously monitor market supply and demand changes, pre-determine materials and prices with suppliers, lock in materials and prices with strategic suppliers, and negotiate bulk prices; increase R&D investment, optimize product structure, improve inventory structure; strengthen institutional building and internal controls[85](index=85&type=chunk) - Risk of accounts receivable bad debt losses: The book value of accounts receivable at period-end accounts for a relatively high proportion of total assets, and unfavorable customer operating conditions may lead to inability to collect on schedule[86](index=86&type=chunk) - Measures to address accounts receivable bad debt risk: Improve the "Accounts Receivable Management System", strictly collect payments within the contractual credit period; charge penalty interest for anticipated delayed payments, and intensify collection efforts through legal measures[86](index=86&type=chunk) - Risk that new production capacity may not achieve expected benefits: The Chuzhou subsidiary's investment project is under construction and may face risks such as intensified industry competition, raw material price fluctuations, and lower-than-expected market demand in the future[87](index=87&type=chunk) - Measures to address new capacity risk: Continuously develop new products demanded by the market, strengthen market promotion in product application areas, promptly adjust marketing strategies, reasonably control various costs, strictly manage product quality, prepare raw material procurement plans, enhance customer service quality, and fully explore new economic growth points[87](index=87&type=chunk) - Risk of talent loss and technology leakage: Core technologies rely on the experience accumulation of technical personnel, and talent loss may lead to the leakage of core technologies[88](index=88&type=chunk) - Measures to address talent loss and technology leakage risk: Adhere to technological innovation, focus on introducing high-level professional talent, continuously improve incentive mechanisms and management methods for attracting, cultivating, cherishing, engaging, and protecting talent, strengthen internal talent training, improve the compensation and performance incentive system, and reasonably utilize equity incentive mechanisms[88](index=88&type=chunk) [Registration Form for Investor Relations Activities During the Reporting Period](index=22&type=section&id=Registration%20Form%20for%20Investor%20Relations%20Activities%20During%20the%20Reporting%20Period) On May 28, 2025, the company hosted an online investor interaction, discussing company overview, industry analysis, and future development plans Investor Relations Activities During the Reporting Period | Reception Date | Reception Location | Reception Method | Type of Recipient | Main Topics Discussed and Materials Provided | | :--- | :--- | :--- | :--- | :--- | | May 28, 2025 | Ningbo Color Masterbatch Meeting Room | Online platform interaction | Individual Investors | Company overview, industry analysis, future development plans | [Formulation and Implementation of Market Value Management System and Valuation Enhancement Plan](index=23&type=section&id=Formulation%20and%20Implementation%20of%20Market%20Value%20Management%20System%20and%20Valuation%20Enhancement%20Plan) The company has not formulated a market value management system nor disclosed a valuation enhancement plan - The company has not formulated a market value management system[91](index=91&type=chunk) - The company has not disclosed a valuation enhancement plan[91](index=91&type=chunk) [Implementation of the "Dual Improvement in Quality and Returns" Action Plan](index=23&type=section&id=Implementation%20of%20the%20%22Dual%20Improvement%20in%20Quality%20and%20Returns%22%20Action%20Plan) The company has not disclosed an announcement regarding the "Dual Improvement in Quality and Returns" action plan - The company has not disclosed an announcement regarding the "Dual Improvement in Quality and Returns" action plan[91](index=91&type=chunk) Corporate Governance, Environment, and Society [Changes in Directors, Supervisors, and Senior Management](index=23&type=section&id=Changes%20in%20Directors,%20Supervisors,%20and%20Senior%20Management) There were no changes in the company's directors, supervisors, or senior management during the reporting period - There were no changes in the company's directors, supervisors, and senior management during the reporting period[92](index=92&type=chunk) [Profit Distribution and Capital Reserve Conversion to Share Capital in Current Period](index=23&type=section&id=Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital%20in%20Current%20Period) The company plans no interim cash dividends, bonus shares, or capital reserve conversions to share capital - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the half-year period[93](index=93&type=chunk) [Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=23&type=section&id=Implementation%20of%20Equity%20Incentive%20Plans,%20Employee%20Stock%20Ownership%20Plans,%20or%20Other%20Employee%20Incentive%20Measures) The company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures during the reporting period - The company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures and their implementation during the reporting period[94](index=94&type=chunk) [Environmental Information Disclosure](index=24&type=section&id=Environmental%20Information%20Disclosure) The listed company and its major subsidiaries are not included in the list of enterprises required to disclose environmental information by law - The listed company and its major subsidiaries are not included in the list of enterprises required to disclose environmental information by law[95](index=95&type=chunk) Significant Matters [Commitments Fulfilled and Overdue Unfulfilled by Controlling Shareholder, Shareholders, Related Parties, Acquirers, and the Company During the Reporting Period](index=25&type=section&id=Commitments%20Fulfilled%20and%20Overdue%20Unfulfilled%20by%20Controlling%20Shareholder,%20Shareholders,%20Related%20Parties,%20Acquirers,%20and%20the%20Company%20During%20the%20Reporting%20Period) All commitments by the company, its controlling shareholder, and related parties, including share reduction, profit distribution, and related party transactions, were fulfilled on time - The share reduction commitments of the company's directors, supervisors, and senior management are being fulfilled, with no more than **25%** of their total shares transferred annually[97](index=97&type=chunk) - Controlling shareholder Ren Weiqing committed that the selling price of company shares held by him will not be lower than the initial public offering price within two years after the lock-up period expires[97](index=97&type=chunk) - The company, its controlling shareholder, directors, supervisors, and senior management committed that the prospectus contains no false records, misleading statements, or major omissions, and will bear corresponding legal liabilities, including share repurchase and compensation for investor losses[97](index=97&type=chunk)[98](index=98&type=chunk)[99](index=99&type=chunk) - Controlling shareholder Ren Weiqing committed to avoid horizontal competition, not to unduly interfere with the company's business operations, and not to infringe upon the company's interests[99](index=99&type=chunk) - Controlling shareholder Ren Weiqing committed to regulate and reduce related party transactions, conducting them on fair, equitable, and arm's length principles, and adhering to decision-making procedures[100](index=100&type=chunk) - The company and relevant parties committed to strictly fulfill the commitments disclosed in the prospectus and to formulate remedial measures for breaches of trust[100](index=100&type=chunk)[101](index=101&type=chunk)[102](index=102&type=chunk) - All commitments were fulfilled on time[102](index=102&type=chunk) [Non-Operating Funds Occupied by Controlling Shareholder and Other Related Parties](index=30&type=section&id=Non-Operating%20Funds%20Occupied%20by%20Controlling%20Shareholder%20and%20Other%20Related%20Parties) There were no non-operating funds occupied by the controlling shareholder or other related parties during the reporting period - There were no instances of non-operating funds being occupied by the controlling shareholder or other related parties of the listed company during the reporting period[103](index=103&type=chunk) [Irregular External Guarantees](index=30&type=section&id=Irregular%20External%20Guarantees) The company had no irregular external guarantees during the reporting period - The company had no irregular external guarantees during the reporting period[104](index=104&type=chunk) [Appointment and Dismissal of Accounting Firms](index=30&type=section&id=Appointment%20and%20Dismissal%20of%20Accounting%20Firms) The company's semi-annual financial report was unaudited - The company's semi-annual report was unaudited[105](index=105&type=chunk) [Board of Directors, Supervisory Board, and Audit Committee's Explanation on "Non-Standard Audit Report" for the Current Period](index=30&type=section&id=Board%20of%20Directors,%20Supervisory%20Board,%20and%20Audit%20Committee's%20Explanation%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Current%20Period) The company had no non-standard audit report during the reporting period - The company had no non-standard audit report during the reporting period[106](index=106&type=chunk) [Board of Directors' Explanation on "Non-Standard Audit Report" for the Prior Year](index=30&type=section&id=Board%20of%20Directors'%20Explanation%20on%20%22Non-Standard%20Audit%20Report%22%20for%20the%20Prior%20Year) The company provided no explanation regarding a non-standard audit report for the prior year - The company provided no explanation regarding a non-standard audit report for the prior year during the reporting period[106](index=106&type=chunk) [Bankruptcy and Reorganization Matters](index=30&type=section&id=Bankruptcy%20and%20Reorganization%20Matters) The company had no bankruptcy or reorganization matters during the reporting period - The company had no bankruptcy or reorganization matters during the reporting period[106](index=106&type=chunk) [Litigation Matters](index=31&type=section&id=Litigation%20Matters) The company had no significant litigation, arbitration, or other legal matters during the reporting period - The company had no significant litigation or arbitration matters during the current reporting period[107](index=107&type=chunk) [Penalties and Rectification](index=31&type=section&id=Penalties%20and%20Rectification) The company had no penalties or rectification situations during the reporting period - The company had no penalties or rectification situations during the reporting period[107](index=107&type=chunk) [Integrity Status of the Company, its Controlling Shareholder, and Actual Controller](index=31&type=section&id=Integrity%20Status%20of%20the%20Company,%20its%20Controlling%20Shareholder,%20and%20Actual%20Controller) The company, its controlling shareholder, and actual controller maintained good integrity with no adverse incidents during the reporting period - The company, its controlling shareholder, and actual controller maintained good integrity[108](index=108&type=chunk) [Significant Related Party Transactions](index=31&type=section&id=Significant%20Related%20Party%20Transactions) The company had routine related party transactions, primarily selling goods worth **RMB 459,993.64** to Ningbo Jinzhong Plastic Co., Ltd., within approved limits, with no other significant related party transactions Related Party Transactions Related to Ordinary Operations | Related Party | Type of Related Party Transaction | Content of Related Party Transaction | Amount of Related Party Transaction (RMB 10,000) | Approved Transaction Limit (RMB 10,000) | Exceeded Approved Limit | | :--- | :--- | :--- | :--- | :--- | :--- | | Ningbo Jinzhong Plastic Co., Ltd. | Related party transactions for purchase and sale of goods, provision and acceptance of services | Sale of Goods | 46 | 120 | No | - The company had no related party transactions involving asset or equity acquisition or disposal during the reporting period[110](index=110&type=chunk) - The company had no related party transactions involving joint external investments during the reporting period[111](index=111&type=chunk) - There were no related party creditor-debtor relationships during the reporting period[112](index=112&type=chunk) - There were no deposits, loans, credit lines, or other financial transactions between the company and related financial companies, or between financial companies controlled by the company and related parties[113](index=113&type=chunk)[114](index=114&type=chunk) - The company had no other significant related party transactions during the reporting period[115](index=115&type=chunk) [Significant Contracts and Their Performance](index=32&type=section&id=Significant%20Contracts%20and%20Their%20Performance) The company had no trusteeship or contracting arrangements. It engaged in leasing as both lessee (factory for storage) and lessor (office space), with no leases exceeding **10%** of total profit, and no significant guarantees or other major contracts - The company had no trusteeship arrangements during the reporting period[116](index=116&type=chunk) - The company had no contracting arrangements during the reporting period[117](index=117&type=chunk) - As a lessee, the company leased factory buildings for warehousing until December 31, 2026, with a total annual rent of **RMB 648,000**[118](index=118&type=chunk) - As a lessor, the company leased office space to Ningbo Ruilixing Commercial Development Co., Ltd. until March 19, 2026, with a total annual rent of **RMB 300,000**[118](index=118&type=chunk) - The company had no leasing projects generating profit or loss exceeding **10%** of the company's total profit during the reporting period[119](index=119&type=chunk) - The company had no significant guarantee situations during the reporting period[120](index=120&type=chunk) - The company had no other significant contracts during the reporting period[123](index=123&type=chunk) [Explanation of Other Significant Matters](index=33&type=section&id=Explanation%20of%20Other%20Significant%20Matters) As of February 7, 2025, the company completed its share repurchase plan, buying back **3,036,604 shares** (**1.8075%** of total capital) for **RMB 50,496,296.60**, exceeding the minimum repurchase amount - As of February 7, 2025, the company completed its share repurchase plan, cumulatively repurchasing **3,036,604 shares**, accounting for **1.8075%** of the company's total share capital[124](index=124&type=chunk) - The total transaction amount for this share repurchase was **RMB 50,496,296.60**, exceeding the lower limit of **RMB 50 million** specified in the share repurchase plan[124](index=124&type=chunk) [Significant Matters of Company Subsidiaries](index=33&type=section&id=Significant%20Matters%20of%20Company%20Subsidiaries) On June 28, 2025, Ningbo Color Masterbatch (Zhongshan) Co., Ltd. increased its registered capital from **RMB 1 million** to **RMB 30 million**, completing all necessary registration procedures - On June 28, 2025, the registered capital of Ningbo Color Masterbatch (Zhongshan) Co., Ltd., a wholly-owned subsidiary, was changed from **RMB 1 million** to **RMB 30 million**[126](index=126&type=chunk) - Ningbo Color Masterbatch (Zhongshan) Co., Ltd. has completed the industrial and commercial change registration procedures and the filing of its Articles of Association[126](index=126&type=chunk) Share Changes and Shareholder Information [Share Change Information](index=35&type=section&id=Share%20Change%20Information) Total shares remained unchanged, with **3,036,604 shares** repurchased (**1.8075%** of total capital); restricted shares are mainly for directors, supervisors, and senior management, with **15,750 shares** released this period Share Change Information | Share Class | Number Before Change (shares) | Proportion Before Change | Net Change (+, -) in Current Period (shares) | Number After Change (shares) | Proportion After Change | | :--- | :--- | :--- | :--- | :--- | :--- | | I. Restricted Shares | 56,534,134 | 33.65% | 0 | 56,534,134 | 33.65% | | II. Unrestricted Shares | 111,465,861 | 66.35% | 0 | 111,465,861 | 66.35% | | III. Total Shares | 167,999,995 | 100.00% | 0 | 167,999,995 | 100.00% | - On February 7, 2025, the company completed its share repurchase plan, repurchasing **3,036,604 shares**, accounting for **1.8075%** of the company's total share capital, with a total transaction amount of **RMB 50,496,296.60**[131](index=131&type=chunk) Changes in Restricted Shares | Shareholder Name | Restricted Shares at Period Start (shares) | Restricted Shares Released in Current Period (shares) | Restricted Shares Increased in Current Period (shares) | Restricted Shares at Period End (shares) | Reason for Restriction | | :--- | :--- | :--- | :--- | :--- | :--- | | Ren Weiqing | 37,613,479.00 | 0 | 0 | 37,613,479.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Zhao Maohua | 5,001,398.00 | 0 | 0 | 5,001,398.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Hong Yin | 3,243,563.00 | 0 | 0 | 3,243,563.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Mao Chunguang | 3,031,124.00 | 0 | 0 | 3,031,124.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Zhou Bihong | 2,692,222.00 | 0 | 0 | 2,692,222.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Zhang Xubo | 1,699,219.00 | 0 | 0 | 1,699,219.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Zu Wannian | 1,515,174.00 | 0 | 0 | 1,515,174.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Chen Jianguo | 671,018.00 | 0 | 0 | 671,018.00 | Shares locked by Directors, Supervisors, Senior Management; restriction due to executive tenure | | Chen Zhongfang | 1,082,687 | 15,750 | 0 | 1,066,937 | Director/Senior Executive resigned before end of tenure | | Total | 56,549,884 | 15,750 | 0 | 56,534,134 | | [Securities Issuance and Listing Information](index=37&type=section&id=Securities%20Issuance%20and%20Listing%20Information) The company had no securities issuance or listing activities during the reporting period - The company had no securities issuance or listing activities during the reporting period[135](index=135&type=chunk) [Shareholder Numbers and Shareholding Information](index=37&type=section&id=Shareholder%20Numbers%20and%20Shareholding%20Information) Total common shareholders were **9,980**. Ren Weiqing is the largest shareholder with **29.85%**, and the company's repurchase account holds **1.81%** of shares - Total number of common shareholders at period-end: **9,980**[136](index=136&type=chunk) Shareholding of Shareholders with Over 5% or Top 10 Shareholders | Shareholder Name | Shareholder Nature | Shareholding Proportion | Number of Shares Held at Period-End (shares) | Number of Restricted Shares Held (shares) | Number of Unrestricted Shares Held (shares) | | :--- | :--- | :--- | :--- | :--- | :--- | | Ren Weiqing | Domestic Natural Person | 29.85% | 50,151,305 | 37,613,479 | 12,537,826 | | Ningbo Huangrunyuan Equity Investment Partnership (Limited Partnership) | Other | 5.51% | 9,262,173 | 0 | 9,262,173 | | Ningbo Lanrunyuan Equity Investment Partnership (Limited Partnership) | Other | 4.24% | 6,962,347 | 0 | 6,962,347 | | Zhao Maohua | Domestic Natural Person | 3.97% | 6,668,531 | 5,001,398 | 1,667,133 | | Hong Yin | Domestic Natural Person | 2.57% | 4,324,751 | 3,243,563 | 1,081,188 | | Mao Chunguang | Domestic Natural Person | 2.41% | 4,041,499 | 3,031,124 | 1,010,375 | | Zhou Bihong | Domestic Natural Person | 2.14% | 3,589,629 | 2,692,222 | 897,407 | | Dong Xiaofa | Domestic Natural Person | 2.08% | 3,493,810 | 0 | 3,493,810 | | Ningbo Hongrunyuan Equity Investment Partnership (Limited Partnership) | Other | 2.20% | 3,687,989 | 0 | 3,179,689 | | Ningbo Color Masterbatch Co., Ltd. Repurchase Special Securities Account | Other | 1.81% | 3,036,604 | 3,036,604 | 0 | - Ren Weiqing is the executive partner of Ningbo Huangrunyuan Equity Investment Partnership (Limited Partnership); Ren Weiqing is Dong Xiaofa's son-in-law[138](index=138&type=chunk) [Changes in Shareholdings of Directors, Supervisors, and Senior Management](index=39&type=section&id=Changes%20in%20Shareholdings%20of%20Directors,%20Supervisors,%20and%20Senior%20Management) There were no changes in the shareholdings of the company's directors, supervisors, or senior management during the reporting period - There were no changes in the shareholdings of the company's directors, supervisors, and senior management during the reporting period[139](index=139&type=chunk) [Changes in Controlling Shareholder or Actual Controller](index=39&type=section&id=Changes%20in%20Controlling%20Shareholder%20or%20Actual%20Controller) There were no changes in the company's controlling shareholder or actual controller during the reporting period - The company's controlling shareholder did not change during the reporting period[140](index=140&type=chunk) - The company's actual controller did not change during the reporting period[140](index=140&type=chunk) [Preferred Share Information](index=40&type=section&id=Preferred%20Share%20Information) The company had no preferred shares during the reporting period - The company had no preferred shares during the reporting period[141](index=141&type=chunk) Bond-Related Information [Bond-Related Information](index=41&type=section&id=Bond-Related%20Information) The company had no bond-related information during the reporting period - The company had no bond-related information during the reporting period[143](index=143&type=chunk) Financial Report [Audit Report](index=42&type=section&id=Audit%20Report) The company's semi-annual financial report was unaudited - The company's semi-annual financial report was unaudited[145](index=145&type=chunk) [Financial Statements](index=42&type=section&id=Financial%20Statements) This section presents the company's 2025 semi-annual consolidated and parent company financial statements, including balance sheets, income statements, cash flow statements, and statements of changes in equity - Consolidated Balance Sheet[147](index=147&type=chunk)[148](index=148&type=chunk)[149](index=149&type=chunk) - Parent Company Balance Sheet[152](index=152&type=chunk)[153](index=153&type=chunk)[154](index=154&type=chunk) - Consolidated Income Statement[156](index=156&type=chunk)[157](index=157&type=chunk)[158](index=158&type=chunk) - Parent Company Income Statement[159](index=159&type=chunk)[160](index=160&type=chunk) - Consolidated Cash Flow Statement[161](index=161&type=chunk)[162](index=162&type=chunk) - Parent Company Cash Flow Statement[165](index=165&type=chunk) - Consolidated Statement of Changes in Equity[167](index=167&type=chunk)[168](index=168&type=chunk)[169](index=169&type=chunk)[171](index=171&type=chunk)[172](index=172&type=chunk) - Parent Company Statement of Changes in Equity[174](index=174&type=chunk)[175](index=175&type=chunk)[176](index=176&type=chunk)[177](index=177&type=chunk)[178](index=178&type=chunk) [Company Basic Information](index=60&type=section&id=Company%20Basic%20Information) Ningbo Color Masterbatch Co., Ltd. has a registered capital of **RMB 167.999995 million**, primarily engaging in R&D, production, and sales of color masterbatches, with Ren Weiqing as the actual controller - As of June 30, 2025, the company's total share capital was **167.999995 million shares**, and its registered capital was **RMB 167.999995 million**[179](index=179&type=chunk) - The company's actual main business activities are: engaging in the R&D, production, and sales of color masterbatches[179](index=179&type=chunk) - The company's actual controller is Ren Weiqing[180](index=180&type=chunk) - These financial statements were approved for issuance by the company's Board of Directors on August 26, 2025[181](index=181&type=chunk) [Basis of Financial Statement Preparation](index=60&type=section&id=Basis%20of%20Financial%20Statement%20Preparation) These financial statements are prepared in accordance with Chinese accounting standards and disclosure rules, based on a going concern assumption, with no significant issues affecting the company's ability to continue as a going concern for at least 12 months - These financial statements are prepared in accordance with the "Enterprise Accounting Standards" promulgated by the Ministry of Finance and the relevant provisions of the China Securities Regulatory Commission's "Reporting Rules for Information Disclosure by Companies Issuing Securities to the Public No. 15 – General Provisions on Financial Reports"[182](index=182&type=chunk) - These financial statements are prepared on a going concern basis[183](index=183&type=chunk) - The company has the ability to continue as a going concern for at least 12 months from the end of the reporting period, with no significant matters affecting its going concern ability[184](index=184&type=chunk) [Significant Accounting Policies and Estimates](index=61&type=section&id=Significant%20Accounting%20Policies%20and%20Estimates) This section details the company's significant accounting policies and estimates, covering financial statement compliance, accounting periods, financial instruments, inventory, fixed assets, revenue recognition, government grants, and deferred taxes - These financial statements comply with the requirements of the Enterprise Accounting Standards promulgated by the Ministry of Finance, and truly and completely reflect the consolidated and parent company's financial position as of June 30, 2025, and the consolidated and parent company's operating results and cash flows for January-June 2025[185](index=185&type=chunk) Materiality Standards | Item | Materiality Standard | | :--- | :--- | | Significant individual accounts receivable for which bad debt provisions are made | Individual amount > **RMB 5 million** | | Significant construction in progress | Year-end balance of a single project exceeds **1%** of consolidated total assets | | Significant accounts payable overdue or aged over one year | Individual amount > **RMB 5 million** | | Significant other payables overdue or aged over one year | Individual amount > **RMB 5 million** | | Significant cash flow from investing activities | Cash flow amount exceeds **5%** of consolidated total assets | - Financial assets are classified at initial recognition as: financial assets measured at amortized cost, financial assets measured at fair value through other comprehensive income, and financial assets measured at fair value through profit or loss[205](index=205&type=chunk)[206](index=206&type=chunk) - Inventories are valued using the weighted average method when issued[241](index=241&type=chunk) Depreciation Methods for Fixed Assets | Category | Depreciation Method | Depreciation Period | Salvage Rate | Annual Depreciation Rate | | :--- | :--- | :--- | :--- | :--- | | Buildings and Structures | Straight-line method | 20 years | 5% | 4.75% | | Machinery and Equipment | Straight-line method | 10 years | 5% | 9.5% | | Transportation Equipment | Straight-line method | 5 years | 5% | 19% | | Electronic Equipment and Others | Straight-line method | 5 years | 5% | 19% | - Expenditures in the research phase are recognized as current period expenses when incurred. Expenditures in the development phase are recognized as intangible assets if they meet specific conditions simultaneously; otherwise, they are recognized as current period expenses[276](index=276&type=chunk) - The company recognizes revenue when it satisfies a performance obligation in a contract, i.e., when the customer obtains control of the related goods or services[295](index=295&type=chunk) [Taxes](index=82&type=section&id=Taxes) This section details the company's main tax types and rates, including VAT, urban maintenance and construction tax, corporate income tax, education surcharges, and local education surcharges, along with tax incentives for high-tech and advanced manufacturing enterprises Main Tax Categories and Rates | Tax Category | Tax Basis | Tax Rate | | :--- | :--- | :--- | | Value-Added Tax (VAT) | Calculated based on sales of goods and taxable services as stipulated by tax law, with output tax minus deductible input tax as VAT payable | 5%, 13%, 6% | | Urban Maintenance and Construction Tax | Calculated based on actual VAT and consumption tax paid | 5%, 7% | | Corporate Income Tax | Calculated based on taxable income | 15%, 20%, 25% | | Education Surcharge | Calculated based on actual VAT and consumption tax paid | 3% | | Local Education Surcharge | Calculated based on actual VAT and consumption tax paid | 2% | - As a high-tech enterprise, the company's corporate income tax rate for 2024 was **15%**[330](index=330&type=chunk) - The company enjoys a VAT super deduction policy for advanced manufacturing enterprises, allowing an additional **5%** deduction from VAT payable based on current deductible input tax[330](index=330&type=chunk) - Subsidiaries Ningbo Color Masterbatch (Chuzhou) Co., Ltd. and Ningbo Color Masterbatch (Zhongshan) Co., Ltd. enjoy tax reduction policies for small and micro enterprises and corporate income tax preferential policies[332](index=332&type=chunk) [Notes to Consolidated Financial Statement Items](index=83&type=section&id=Notes%20to%20Consolidated%20Financial%20Statement%20Items) This section provides detailed notes for all consolidated financial statement items, including cash, financial assets, receivables, inventory, fixed assets, payables, revenue, expenses, and cash flow Period-End Balance of Cash and Cash Equivalents | Item | Period-End Balance (RMB) | Period-Start Balance (RMB) | | :--- | :--- | :--- | | Cash on Hand | 24,121.22 | 25,383.24 | | Bank Deposits | 187,436,517.40 | 98,546,379.86 | | Other Cash and Cash Equivalents | 1,398.91 | 665,905.92 | | Total | 187,462,037.53 | 99,237,669.02 | Period-End Balance of Financial Assets Held for Trading | Item | Period-End Balance (RMB) | Period-Start Balance (RMB) | | :--- | :--- | :--- | | Financial assets measured at fair value through profit or loss | 162,850,000.00 | 205,120,000.00 | | Of which: Wealth management products | 162,850,000.00 | 205,120,000.00 | | Total | 162,850,000.00 | 205,120,000.00 | Accounts Receivable and Bad Debt Provisions | Category | Period-End Book Balance (RMB) | Period-End Bad Debt Provision (RMB) | Period-End Book Value (RMB) | | :--- | :--- | :--- | :--- | | Accounts receivable for which bad debt provisions are made individually | 41,454,377.61 | 9,237,070.37 | 32,217,307.24 | | Accounts receivable for which bad debt provisions are made by portfolio | 115,514,041.68 | 6,255,080.53 | 109,258,961.15 | | Total | 156,968,419.29 | 15,492,150.90 | 141,476,268.39 | Inventory Classification and Impairment Provisions | Item | Period-End Book Balance (RMB) | Period-End Inventory Impairment Provision (RMB) | Period-End Book Value (RMB) | | :--- | :--- | :--- | :--- | | Raw Materials | 42,140,992.80 | 1,909,862.66 | 40,231,130.14 | | Merchandise Inventory | 20,655,866.18 | 2,427,233.33 | 18,228,632.85 | | Goods in Transit | 1,764,897.11 | 0 | 1,764,897.11 | | Total | 64,561,756.09 | 4,337,095.99 | 60,224,660.10 | Construction in Progress Information | Item | Period-End Book Balance (RMB) | Period-End Impairment Provision (RMB) | Period-End Book Value (RMB) | | :--- | :--- | :--- | :--- | | Chuzhou New Construction Project | 114,134,503.46 | 0 | 114,134,503.46 | | Machinery and Equipment Awaiting Installation | 11,772.51 | 0 | 11,772.51 | | Total | 114,146,275.97 | 0 | 114,146,275.97 | Period-End Balance of Other Payables | Item | Period-End Balance (RMB) | Period-Start Balance (RMB) | | :--- | :--- | :--- | | Dividends Payable | 98,978,034.60 | 0 | | Other Payables | 7,968,691.96 | 7,203,536.39 | | Total | 106,946,726.56 | 7,203,536.39 | Operating Revenue and Operating Cost | Item | Current Period Revenue (RMB) | Current Period Cost (RMB) | Prior Period Revenue (RMB) | Prior Period Cost (RMB) | | :--- | :--- | :--- | :--- | :--- | | Main Business | 217,205,112.67 | 137,720,198.14 | 235,798,045.35 | 159,639,904.46 | | Other Business | 2,189,084.67 | 1,292,998.82 | 2,554,118.21 | 1,735,248.08 | | Total | 219,394,197.34 | 139,013,196.96 | 238,352,163.56 | 161,375,152.54 | R&D Expenses | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Employee Compensation | 3,487,614.67 | 3,779,485.83 | | Depreciation and Amortization | 669,241.23 | 708,418.45 | | Direct R&D Investment | 3,902,225.88 | 4,031,586.06 | | Other | 16,666.82 | 38,720.53 | | Total | 8,075,748.60 | 8,558,210.87 | Investment Income | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Investment income from disposal of financial assets held for trading | 2,585,208.15 | 5,421,704.03 | | Investment income from other current assets during holding period | 4,943,813.88 | 553,222.22 | | Total | 7,529,022.03 | 5,974,926.25 | Net Cash Flow from Operating Activities | Item | H1 2025 (RMB) | H1 2024 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 47,216,327.34 | 29,630,112.90 | Net Cash Flow from Investing Activities | Item | H1 2025 (RMB) | H1 2024 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Investing Activities | 80,603,456.08 | -60,588,236.45 | Net Cash Flow from Financing Activities | Item | H1 2025 (RMB) | H1 2024 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Financing Activities | -38,884,926.18 | -66,516,220.53 | [R&D Expenses](index=114&type=section&id=R%26D%20Expenses) Total R&D expenses for the period were **RMB 8,075,748.60**, fully expensed, primarily comprising personnel costs, direct investment, and asset depreciation Composition of R&D Expenses | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | R&D Personnel Compensation | 3,487,614.67 | 3,779,485.83 | | Direct R&D Investment | 3,902,225.88 | 4,031,586.06 | | Depreciation and Amortization of R&D Assets | 669,241.23 | 708,418.45 | | Other | 16,666.82 | 38,720.53 | | Total | 8,075,748.60 | 8,558,210.87 | - All R&D expenditures for the current period were expensed[488](index=488&type=chunk) [Equity in Other Entities](index=114&type=section&id=Equity%20in%20Other%20Entities) This section discloses details of subsidiaries Ningbo Color Masterbatch (Chuzhou) and (Zhongshan), including registered capital, operating locations, business nature, and **100%** direct shareholding Subsidiary Composition | Subsidiary Name | Registered Capital (RMB) | Main Operating Location | Nature of Business | Shareholding Proportion (Direct) | Acquisition Method | | :--- | :--- | :--- | :--- | :--- | :--- | | Ningbo Color Masterbatch (Chuzhou) Co., Ltd. | 60,000,000.00 | Chuzhou City, Anhui Province | Manufacturing | 100.00% | Investment Establishment | | Ningbo Color Masterbatch (Zhongshan) Co., Ltd. | 30,000,000.00 | Zhongshan City, Guangdong Province | Manufacturing | 100.00% | Investment Establishment | [Government Grants](index=114&type=section&id=Government%20Grants) At period-end, government grant liabilities (deferred income) totaled **RMB 6,490,095.46** (asset-related), with **RMB 2,368,718.98** recognized as other income this period Liability Items Involving Government Grants | Accounting Account | Period-Start Balance (RMB) | New Grants Added in Current Period (RMB) | Amount Recognized in Non-Operating Income in Current Period (RMB) | Amount Transferred to Other Income in Current Period (RMB) | Period-End Balance (RMB) | Asset/Income Related | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Deferred Income | 7,017,554.10 | 0 | 0 | 527,458.64 | 6,490,095.46 | Asset-related | Government Grants Recognized in Current Profit or Loss | Accounting Account | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Other Income | 2,368,718.98 | 1,457,458.64 | [Risks Related to Financial Instruments](index=115&type=section&id=Risks%20Related%20to%20Financial%20Instruments) The company faces credit, liquidity, and market risks (currency, interest rate, other price risks), managed through various strategies; as of June 30, 2025, no floating rate loans exist, and a **5%** RMB/USD fluctuation would impact net profit by **RMB 30,331.41** - The company faces credit risk, liquidity risk, and market risk (including exchange rate risk, interest rate risk, and other price risks) in its operations[493](index=493&type=chunk)[502](index=502&type=chunk) - Credit risk primarily arises from cash and cash equivalents, notes receivable, accounts receivable, accounts receivable financing, other receivables, etc., and is controlled by assessing customer creditworthiness, setting credit terms, and regular monitoring[495](index=495&type=chunk) - Liquidity risk is managed by monitoring cash balances, readily marketable securities, and rolling forecasts of cash flows for the next 12 months[497](index=497&type=chunk) - As of June 30, 2025, the company had no floating-rate borrowings, and changes in interest rates would not have a significant impact on the company's total profit and shareholders' equity[503](index=503&type=chunk) - Exchange rate risk primarily arises from financial assets and liabilities denominated in USD. As of June 30, 2025, if the RMB appreciates or depreciates by **5%** against the USD, the company's net profit would increase or decrease by **RMB 30,331.41**[504](index=504&type=chunk)[505](index=505&type=chunk) - As of June 30, 2025, the company did not face other price risks[507](index=507&type=chunk) Financial Assets Derecognized Due to Transfer | Item | Method of Financial Asset Transfer | Amount of Derecognized Financial Assets (RMB) | | :--- | :--- | :--- | | Notes Receivable (Bank Acceptance Bills) | Endorsement/Discounting | 438,536.56 | | Accounts Receivable Financing (Bank Acceptance Bills) | Endorsement/Discounting | 1,559,164.15 | | Total | | 1,997,700.71 | [Disclosure of Fair Value](index=118&type=section&id=Disclosure%20of%20Fair%20Value) This section discloses period-end fair values of assets and liabilities, with total assets measured at fair value of **RMB 587,749,996.99**, primarily comprising financial assets held for trading, accounts receivable financing, and large-denomination certificates of deposit Period-End Fair Value of Assets and Liabilities Measured at Fair Value | Item | Period-End Fair Value (RMB) | | :--- | :--- | | (I) Financial Assets Held for Trading | 162,850,000.00 | | 1. Financial assets measured at fair value through profit or loss | 162,850,000.00 | | (1) Bank wealth management | 162,850,000.00 | | (II) Accounts Receivable Financing | 32,823,302.54 | | (III) Other Current Assets | 392,076,694.45 | | 2. Financial assets measured at fair value through other comprehensive income | 392,076,694.45 | | (1) Large-denomination certificates of deposit | 392,076,694.45 | | Total assets continuously measured at fair value | 587,749,996.99 | - Wealth management products and accounts receivable financing have short remaining maturities, so their book balances are close to fair values[515](index=515&type=chunk) - Large-denomination certificates of deposit are measured at fair value based on investment cost and amortized interest during the holding period[516](index=516&type=chunk) [Related Parties and Related Party Transactions](index=119&type=section&id=Related%20Parties%20and%20Related%20Party%20Transactions) Re
宁波色母:截至2025年8月20日公司股东人数为10734户
Zheng Quan Ri Bao· 2025-08-26 09:46
证券日报网讯宁波色母8月26日在互动平台回答投资者提问时表示,截至2025年8月20日公司股东人数为 10,734户。 (文章来源:证券日报) ...
宁波色母最新股东户数环比下降11.14%
Zheng Quan Shi Bao Wang· 2025-08-01 08:28
证券时报•数据宝统计,截至发稿,宁波色母收盘价为17.12元,上涨2.58%,本期筹码集中以来股价累 计下跌0.81%。具体到各交易日,4次上涨,6次下跌。 公司发布的一季报数据显示,一季度公司共实现营业收入1.07亿元,同比下降6.46%,实现净利润 2512.77万元,同比增长26.81%,基本每股收益为0.1500元,加权平均净资产收益率2.22%。(数据宝) 注:本文系新闻报道,不构成投资建议,股市有风险,投资需谨慎。 (原标题:宁波色母最新股东户数环比下降11.14%) 宁波色母8月1日披露,截至7月31日公司股东户数为10761户,较上期(7月20日)减少1349户,环比降 幅为11.14%。 ...
宁波色母实控人方拟减持 2021上市当年股价净利双巅峰
Zhong Guo Jing Ji Wang· 2025-07-25 06:53
中国经济网北京7月25日讯宁波色母(301019)(301019.SZ)昨日晚间发布关于公司控股股东、实际控制 人控制的特定股东减持股份预披露的公告。 持有公司股份9,262,173股(占公司总股本比例5.5132%)的特定股东宁波黄润园股权投资合伙企业(有限合 伙)(以下简称"黄润园投资")计划在公告披露之日起15个交易日后3个月内,以大宗交易、集合竞价方式 减持公司股份不超过2,315,500股(占公司总股本比例1.3783%,占公司剔除回购账户3,036,604股后的总股 本比例1.4036%)。黄润园投资系公司控股股东、实际控制人任卫庆实际控制的企业。 宁波色母于2021年6月28日在深交所创业板上市,公开发行股票数量为2000万股,占发行后总股本的比 例为25.00%,发行价格为28.94元/股,保荐机构为国信证券股份有限公司,保荐代表人为顾盼、卞雨 晨。 宁波色母上市发行费用为6825.04万元,其中保荐机构国信证券股份有限公司获得保荐及承销费用 4341.00万元。 2021年,宁波色母归属于上市公司股东的净利润为上市以来最高水平。2021年、2022年、2023年、2024 年,宁波色母归属于 ...
7月25日早间重要公告一览
Xi Niu Cai Jing· 2025-07-25 05:07
Group 1 - High Energy Environment reported a net profit of 502 million yuan for the first half of 2025, an increase of 20.85% year-on-year, while revenue decreased by 11.20% to 6.7 billion yuan [1] - Angel Yeast plans to acquire 55% of Shengtong Sugar Industry for 506 million yuan, which will make Shengtong a subsidiary [1] - Wentech Technology's shareholders plan to reduce their holdings by up to 1% of the company's shares, amounting to approximately 12.45 million shares [1][2] Group 2 - *ST Zhengping clarified that it is not involved in the Yarlung Zangbo River downstream hydropower project, despite market speculation [2] - Aidi Te announced that two shareholders plan to reduce their holdings by up to 3% of the company's shares, totaling approximately 319,690 shares [3] - *ST Baoying intends to publicly transfer 50.1% of its stake in Danhua Renewable Energy for an initial price of 30 million yuan, expecting a loss of about 29.4 million yuan [5] Group 3 - Yaoji Technology's controlling shareholder plans to reduce their holdings by up to 3% of the company's shares, approximately 1.25 million shares [6] - China Haicheng reported a net profit of 152 million yuan for the first half of 2025, an increase of 8.52% year-on-year, with total revenue of 2.745 billion yuan [8] - Shenzhou Information's major shareholder plans to reduce their holdings by up to 0.97%, approximately 9.5 million shares [9] Group 4 - Betaini's major shareholder plans to reduce their holdings by up to 2%, approximately 842,590 shares [10] - Guotou Intelligent's shareholders plan to reduce their holdings by up to 1.35%, approximately 11.59 million shares [12] - Shen Shui Institute confirmed it is not participating in the Yarlung Zangbo River downstream hydropower project [14] Group 5 - Xidi Micro announced a risk of losing control over its subsidiary Zinitix due to alleged misconduct by current directors [15] - Tiantian Technology's controlling shareholder plans to reduce their holdings by up to 3%, approximately 38.95 million shares [17] - Ningbo Color Master announced a plan to reduce holdings by up to 1.38%, approximately 231,550 shares [19] Group 6 - Dongguan Holdings plans to publicly transfer 20% of its stake in Dongguan Songshan Lake Microfinance Company for a base price of 48.12 million yuan [21] - Bohai Leasing's subsidiary Avolon intends to purchase 15 A330NEO and 75 A321NEO aircraft from Airbus [22] - Dongfang Fortune reported that shareholder Shen Yougen's stake has decreased to 0.19% after transferring 158.8 million shares [23] Group 7 - Quanzhu Co. plans to raise up to 180 million yuan through a private placement to fund AI-based projects [24] - Zhongjin Gold announced that its subsidiary in Inner Mongolia has ceased operations following a tragic incident [25] - *ST Xinchao has changed its chairman and legal representative, appointing Zhang Junyu as the new chairman [27]
宁波色母: 关于公司控股股东、实际控制人控制的特定股东减持股份预披露的公告
Zheng Quan Zhi Xing· 2025-07-24 16:33
证券代码:301019 证券简称:宁波色母 公告编号:2025-036 宁波色母粒股份有限公司 持有宁波色母粒股份有限公司(以下简称"公司" "本公司")股份9,262,173 股(占本公司总股本比例5.5132%)的特定股东宁波黄润园股权投资合伙企业(有 限合伙)(以下简称"黄润园投资""本企业")计划在本公告披露之日起15个交 易日后3个月内,以大宗交易、集合竞价方式减持本公司股份不超过2,315,500股 (占本公司总股本比例1.3783%,占本公司剔除回购账户3,036,604股后的总股本 比例1.4036%)。黄润园投资系公司控股股东、实际控制人任卫庆先生实际控制 的企业。 公司于近日收到上述股东出具的《股份减持计划告知函》,现将相关情况公 告如下: 一、股东基本情况 关于公司控股股东、实际控制人控制的特定股东减持股份预披 露的公告 公司股东宁波黄润园股权投资合伙企业(有限合伙)保证向本公司提供的 信息内容真实、准确、完整,没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示: 序号 股东名称 在公司任职情况 持有股份总数(股) 占公司 ...