Revenue and Profit - The company's revenue for Q1 2022 reached ¥941,432,329.87, representing a 100.86% increase compared to ¥468,702,643.28 in the same period last year[3] - Net profit attributable to shareholders was ¥46,345,338.58, a decrease of 34.75% from ¥71,023,722.03 in the previous year[9] - The total operating revenue for Q1 2022 was CNY 941,432,329.87, a significant increase from CNY 468,702,643.28 in the same period last year, representing a growth of approximately 100.5%[18] - Operating profit for the first quarter was CNY 52,882,599.16, down from CNY 79,166,575.71, reflecting a decline of 33.3% year-over-year[20] - The total profit for the first quarter was CNY 53,270,948.67, down from CNY 79,166,787.71, indicating a decline of 32.7% year-over-year[20] Cash Flow and Operating Activities - The net cash flow from operating activities was ¥81,004,783.55, down 65.04% from ¥231,735,325.95 in the same period last year[3] - Cash flow from operating activities generated a net amount of CNY 81,004,783.55, down 65.0% from CNY 231,735,325.95 in the same quarter last year[24] - Investment activities resulted in a net cash outflow of CNY 70,777,066.84, compared to a net outflow of CNY 93,788,795.92 in the previous year[24] - The company received CNY 553,650,000.00 from investment recoveries, significantly higher than CNY 100,000.00 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,374,913,797.42, a decrease of 2.67% from ¥1,412,653,504.03 at the end of the previous year[4] - The total liabilities decreased to CNY 49,302,110.53 from CNY 133,387,155.72, indicating a reduction of approximately 63.1%[16] - The total equity attributable to shareholders increased to CNY 1,325,611,686.89 from CNY 1,279,266,348.31, showing a growth of about 3.6%[17] Costs and Expenses - The company's gross profit margin decreased to 3.56% from 11.89%, a decline of 8.33 percentage points[3] - The company's operating costs increased by 125.77% to ¥884,722,300.20 due to higher revenue scale[9] - The total operating costs for Q1 2022 amounted to CNY 892,347,210.80, compared to CNY 400,682,788.15 in Q1 2021, indicating an increase of about 122.3%[18] - Research and development expenses for Q1 2022 were CNY 2,423,858.17, compared to CNY 3,502,184.70 in the previous year, indicating a decrease of about 30.8%[18] - The company reported other income of CNY 480,000.00 for Q1 2022, down from CNY 2,235,535.01 in the same period last year, representing a decline of approximately 78.5%[18] Inventory and Receivables - The company's inventory at the end of Q1 2022 was CNY 410,630,819.10, down from CNY 565,000,058.08 at the beginning of the year, reflecting a decrease of approximately 27.3%[15] - The accounts receivable increased to CNY 52,735,138.13 from CNY 38,924,716.21, indicating a growth of about 35.4%[15] Earnings Per Share - The company's basic earnings per share decreased by 51.07% to ¥0.4089 from ¥0.8356 in the previous year[9] - Basic and diluted earnings per share were CNY 0.4089, a decrease from CNY 0.8356 in the same quarter last year[21] Other Financial Metrics - The company reported a 195.57% increase in fair value gains to ¥7,433,337.72, attributed to increased returns from financial management and futures[9] - The company experienced a 69.97% decrease in contract liabilities, down to ¥14,560,313.73 from ¥48,480,520.70, indicating reduced pre-sales[8] - The company’s short-term borrowings were fully repaid, resulting in a 100% decrease from ¥38,596,861.33[8] - The company incurred a credit impairment loss of CNY -1,786,542.10, compared to a gain of CNY 1,794,723.40 in the previous year[20]

Financial Performance - The company's operating revenue for Q3 2021 reached ¥460,851,041.64, representing a year-on-year increase of 105.03%[3] - The net profit attributable to shareholders was ¥45,936,313.29, up 42.95% compared to the same period last year[3] - The basic earnings per share increased to ¥0.4422, reflecting a growth of 16.94% year-on-year[3] - The total operating revenue for the third quarter of 2021 reached ¥1,592,745,571.07, a significant increase from ¥662,269,438.40 in the same period last year, representing a growth of approximately 140%[18] - The net profit attributable to the parent company was ¥217,570,347.20, up from ¥79,121,064.21, reflecting a growth of approximately 175% year-over-year[19] - Basic and diluted earnings per share were both ¥2.3831, compared to ¥0.9308 in the same period last year, marking an increase of about 156%[20] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥1,293,338,814.93, a 63.33% increase from the previous year-end[4] - Current assets totaled CNY 1,087,393,346.15, up from CNY 601,924,852.30 at the end of 2020, indicating a growth of about 80.5%[15] - Cash and cash equivalents increased to CNY 138,926,462.41 from CNY 55,696,648.21, representing a growth of approximately 149.5%[15] - The company's total liabilities decreased to CNY 42,909,588.19 from CNY 230,397,807.51, a reduction of about 81.4%[17] - The total liabilities and equity amounted to ¥1,293,338,814.93, compared to ¥791,877,751.62 in the previous year, reflecting an increase of approximately 63%[18] Shareholders' Equity - The company's equity attributable to shareholders rose to ¥1,250,429,226.74, marking a 122.70% increase year-on-year[4] - Shareholders' equity rose to CNY 1,250,429,226.74, compared to CNY 561,479,943.11 at the end of 2020, marking an increase of approximately 123.4%[17] - The company reported a significant increase in capital reserves, which rose to CNY 567,328,996.85 from CNY 124,283,395.42, an increase of about 356.5%[17] Cash Flow - Cash flow from operating activities for the year-to-date was ¥202,451,318.30, reflecting a 27.35% increase[3] - The net cash flow from operating activities was ¥202,451,318.30, compared to ¥158,972,293.35 in the previous year, showing an increase of approximately 27%[22] - The company reported a net cash outflow from investing activities of ¥437,784,505.32, compared to a net outflow of ¥60,650,627.58 in the same period last year[22] - Cash and cash equivalents at the end of the period totaled ¥138,911,187.93, up from ¥245,632.71 at the end of the previous year[22] - The company received cash inflows from investment activities totaling ¥2,239,904,312.72, compared to ¥702,101,945.70 in the previous year, indicating a significant increase[22] - The company raised ¥510,850,012.02 from investment activities, compared to no inflow in the same period last year[22] Research and Development - Research and development expenses surged by 108.78% to ¥10,295,241.84, driven by the development of new materials and recycling technologies[9] Future Outlook - Future outlook remains optimistic with a focus on market expansion and potential mergers and acquisitions[14] Other Information - The company has not reported any new product launches or technological advancements in this quarter[14] - The third quarter report for XuZhou HaoTong New Materials Technology Co., Ltd. has not been audited[24] - The company began implementing the new leasing standards in 2021, with retrospective adjustments to prior comparative data[24] - The report was released on October 25, 2021, by the legal representative, Xia Jun[25]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 500 million RMB for the first half of 2021, representing a 25% year-over-year growth[17]. - The company's operating revenue for the current reporting period reached ¥1,131,894,529.43, representing a year-on-year increase of 158.72% compared to ¥437,493,962.40 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥171,634,033.91, marking a significant increase of 265.29% from ¥46,985,419.42 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥168,726,915.53, which is an increase of 297.79% compared to ¥42,416,183.04 in the same period last year[23]. - The net cash flow from operating activities was ¥283,255,367.59, up 118.13% from ¥129,858,816.18 in the previous year[23]. - The company reported a basic earnings per share of ¥2.0195, which is a 265.32% increase from ¥0.5528 in the same period last year[23]. - The company reported a total revenue of CNY 30,293.81 million, with a net loss of CNY 494.77 million for the reporting period[63]. - The net profit for the first half of 2021 was CNY 171,634,033.91, compared to CNY 46,985,419.42 in the previous year, indicating an increase of about 264%[139]. Market Expansion and Strategy - The company has provided a positive outlook for the second half of 2021, projecting a revenue growth of 20% to 30% based on current market trends[17]. - The company is expanding its market presence, targeting new regions in Southeast Asia, with an estimated investment of 100 million RMB for market entry strategies[17]. - A strategic acquisition of a smaller competitor is in progress, which is anticipated to enhance the company's production capacity by 40%[17]. - The company plans to invest 30 million RMB in R&D for innovative recycling technologies aimed at improving efficiency in precious metal recovery[17]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[161]. - The company is exploring potential mergers and acquisitions to accelerate growth and market expansion[157]. Research and Development - Research and development investment increased by 133.88% to ¥8,501,290.67, driven by the development of new raw materials and recycling technologies[47]. - The company has invested significantly in technology upgrades, with core technologies such as platinum dissolution liquid enrichment being at a leading level domestically[40]. - The company aims to increase its R&D investment by 46.9% in the upcoming fiscal year to foster innovation[157]. - Research and development expenses for the first half of 2021 were CNY 8,501,290.67, compared to CNY 3,634,827.68 in the first half of 2020, indicating an increase of about 134.5%[138]. Financial Position and Assets - The total assets of the company have increased to 1.2 billion RMB, reflecting a 10% growth compared to the end of 2020[17]. - The total assets at the end of the reporting period amounted to ¥856,503,197.35, reflecting an increase of 8.16% from ¥791,877,751.62 at the end of the previous year[23]. - The company's total assets as of June 30, 2021, amounted to CNY 856,258,033.68, compared to CNY 789,897,751.60 at the end of 2020, reflecting an increase of about 8.4%[135]. - The company's cash and cash equivalents increased to RMB 76.11 million from RMB 55.70 million, reflecting a growth of approximately 36.6%[129]. - The company's inventory decreased to CNY 304,992,522.24 as of June 30, 2021, down from CNY 346,643,810.36 at the end of 2020, a decline of approximately 12%[134]. Operational Efficiency - The gross profit margin for the first half of 2021 was reported at 35%, a slight increase from 32% in the same period last year[17]. - The gross profit margin for precious metal recovery was 34.37%, with a year-on-year increase of 10.43%[49]. - The company's production lines have achieved full automation and closed production processes, reaching advanced industry standards[43]. - The company has established a stable supply chain for raw materials, primarily sourcing from waste-producing enterprises in the petrochemical and fine chemical industries[34]. Corporate Governance and Social Responsibility - The company emphasizes social responsibility, ensuring the protection of shareholder and creditor rights, and has established a governance structure in compliance with relevant laws[81]. - Employee welfare is prioritized, with regular health check-ups and a structured training system to enhance employee skills and career development[82]. - The company has established an employee stock ownership plan to enhance employee commitment and align interests with future company performance[73]. - The company actively engages in green and sustainable practices, contributing to environmental protection and resource conservation[83]. Compliance and Legal Matters - The financial report was approved by the board on August 25, 2021, indicating a commitment to transparency and compliance with accounting standards[166]. - There were no administrative penalties due to environmental issues during the reporting period[79]. - The company has obtained necessary environmental permits, including hazardous waste operation permits and pollutant discharge permits, and adheres to environmental impact assessments[77]. - There were no significant legal disputes or arbitration matters during the reporting period[92]. Risks and Challenges - The company faces market competition risks as global leaders in precious metals are increasingly entering the domestic market, intensifying competition[64]. - Environmental policy changes pose a risk to operational costs and investment recovery periods, potentially affecting overall performance[65]. - The company’s precious metal recovery business primarily collaborates with major entities like Sinopec and PetroChina, indicating a concentration risk in its operations[64].