Financial Performance - The company's revenue for Q1 2023 reached ¥575,226,664.07, representing a 99.49% increase compared to ¥288,342,508.90 in the same period last year[5] - Net profit attributable to shareholders was ¥35,699,037.19, up 179.41% from ¥12,776,457.12 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥34,884,611.45, a significant increase of 377.70% from ¥7,302,649.99 in the previous year[5] - Total operating revenue for Q1 2023 reached ¥575,226,664.07, a significant increase from ¥288,342,508.90 in the same period last year, representing a growth of approximately 99.5%[26] - The net profit for Q1 2023 was CNY 34,724,262.02, a significant increase from CNY 11,908,040.46 in Q1 2022, representing a growth of approximately 191.5%[29] - Basic and diluted earnings per share for Q1 2023 were both CNY 0.26, compared to CNY 0.10 in the same period last year, reflecting a 160% increase[29] - Operating profit for Q1 2023 reached CNY 34,967,862.51, up from CNY 13,739,953.98 in Q1 2022, indicating a growth of about 154.5%[28] - Total comprehensive income for Q1 2023 was CNY 34,724,262.02, compared to CNY 11,908,040.46 in Q1 2022, marking an increase of approximately 191.5%[29] Assets and Liabilities - The company's total assets increased by 24.20% to ¥4,758,711,839.68 from ¥3,831,555,699.12 at the end of the previous year[5] - The company's total liabilities increased to ¥3,144,941,384.01 in Q1 2023 from ¥2,677,879,890.39 at the beginning of the year, indicating a rise of about 17.4%[25] - Current assets totaled ¥4,200,334,442.17 at the end of Q1 2023, compared to ¥3,331,880,929.04 at the start of the year, representing a growth of approximately 26.0%[24] - The equity attributable to shareholders of the parent company reached ¥1,602,222,286.61, up from ¥1,141,397,864.50 at the start of the year, reflecting an increase of approximately 40.3%[25] Cash Flow - Cash flow from operating activities showed a net outflow of ¥106,657,145.53, worsening by 36.78% compared to a net outflow of ¥77,975,895.37 in the same period last year[14] - The company reported cash inflows from financing activities of CNY 793,878,616.45 in Q1 2023, compared to CNY 252,980,537.07 in Q1 2022, showing a substantial increase[32] - The total operating cash inflow for Q1 2023 was CNY 399,685,259.25, compared to CNY 132,110,944.72 in Q1 2022, indicating a growth of approximately 202.5%[31] - The company incurred a total operating cash outflow of CNY 506,342,404.78 in Q1 2023, compared to CNY 210,086,840.09 in Q1 2022[31] Research and Development - Research and development expenses surged by 266.70% to ¥32,638,860.87, up from ¥8,900,668.79, indicating increased investment in innovation[12] - Research and development expenses rose to ¥32,638,860.87 in Q1 2023, compared to ¥8,900,668.79 in Q1 2022, reflecting an increase of approximately 266.5%[26] Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,410, with no preferred shareholders having restored voting rights[16] - The largest shareholder, Zhu Ye, holds 15.79% of shares, amounting to 22,604,850 shares, with 8,370,000 shares pledged[16] - The top ten shareholders collectively hold significant stakes, with the second-largest shareholder holding 9.78% (14,000,000 shares)[16] - The total number of restricted shares at the end of the reporting period is 9,845,288 shares, with various shareholders having their restrictions lifted on October 9, 2023[18] Investments and Projects - The company has signed an investment cooperation agreement for a high-efficiency solar cell production project in Ningguo, with an annual production capacity of 24GW, of which 18GW is currently under construction[20] - The company plans to expand its operations into new profit growth areas through the establishment of a project company in Anhui Ningguo[20] - The company received approval from the China Securities Regulatory Commission for a stock issuance to specific investors on February 6, 2023[20] Other Financial Metrics - Cash and cash equivalents at the end of Q1 2023 were ¥983,429,195.93, a significant increase from ¥521,704,320.04 at the beginning of the year, representing a growth of about 88.1%[24] - The company reported a net loss from investments of ¥267,957.53 in Q1 2023, compared to a gain of ¥42,137.43 in the same period last year[26] - The company experienced a foreign exchange loss of CNY 300,527.44 in Q1 2023, compared to a gain of CNY 4,901.15 in Q1 2022[32] - The company's contract liabilities surged to ¥258,614,847.41 in Q1 2023, compared to ¥71,543,599.81 in the previous year, indicating an increase of approximately 261.5%[26] - The company has a total of 1,895.69 million yuan in expenses related to share-based payments affecting the current profit[19] - The impact of share-based payment expenses on the current profit is approximately 18.96 million yuan[19] - The company has established a strong control structure with major shareholders, including a mother-daughter relationship between Zhu Ye and shareholder Ye Xiaohong[17]

Financial Performance - The company's revenue for 2022 was CNY 1,433,355,027.57, representing an increase of 80.40% compared to CNY 794,543,318.57 in 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 97,022,148.86, a growth of 66.74% from CNY 58,188,621.41 in 2021[25]. - The basic earnings per share for 2022 was CNY 0.73, up 43.14% from CNY 0.51 in 2021[25]. - The total assets at the end of 2022 reached CNY 3,831,555,699.12, marking a 57.38% increase from CNY 2,434,580,658.71 at the end of 2021[25]. - The company achieved operating revenue of CNY 1,433.36 million in 2022, a year-on-year increase of 80.40%[65]. - Net profit attributable to shareholders reached CNY 97.02 million, up 66.74% compared to the previous year[65]. - The total assets of the company at the end of the reporting period were CNY 3,831.56 million, an increase of 57.38% year-on-year[65]. - The company's gross profit margin was 28.15%, up 0.78 percentage points from the previous year[65]. - The overseas revenue surged by 695.88% to CNY 205.84 million, representing 14.36% of total revenue[73]. Cash Flow and Investment - The company reported a net cash flow from operating activities of -CNY 740,874,588.08 for 2022, a decline of 253.11% compared to -CNY 209,812,901.69 in 2021[25]. - The company's operating cash inflow totaled CNY 1,071,338,347.01, an increase of 80.62% compared to CNY 593,153,611.55 in 2021[94]. - The company's operating cash outflow reached CNY 1,812,212,935.09, a significant increase of 125.69% from CNY 802,966,513.24 in the previous year[94]. - The net cash flow from investment activities was -CNY 100,055,575.82, which is a 415.90% increase in net outflow compared to -CNY 19,394,459.04 in the previous year[95]. - The net cash flow from financing activities was CNY 643,406,429.49, an increase of 101.32% from CNY 319,590,094.52 in the previous year[95]. Research and Development - Research and development investment amounted to CNY 52.36 million, a year-on-year increase of 62.31%, representing 3.65% of operating revenue[69]. - The total number of R&D personnel increased to 102 in 2022, a rise of 25.00% from 84 in 2021[92]. - R&D expenditure amounted to CNY 52,363,295.30 in 2022, accounting for 3.65% of operating revenue, down from 4.06% in 2021[92]. - The company aims to increase R&D investment and collaborate with universities and research institutions to maintain its technological advantages and core competitiveness[117]. Market and Industry Focus - The company plans to continue focusing on the environmental protection equipment manufacturing sector, which is supported by national industrial policies[33]. - The company has seen significant growth in its core products, which are used in various industries including semiconductor, automotive, and fine chemicals[33]. - The company has a strategic focus on expanding its market presence in the energy-saving and environmental protection industry[33]. - The company is positioned to benefit from the transition of the PV industry from policy-driven growth to intrinsic motivation, as solar energy becomes a major player in energy consumption[37]. - The company is focusing on expanding its market presence through innovative technologies and strategic research projects in the semiconductor industry[85]. Governance and Management - The company has established a robust governance structure, adhering to relevant laws and regulations, with no significant discrepancies noted in its governance practices[136]. - The board of directors consists of 9 members, including 3 independent directors, and held 12 meetings during the reporting period, complying with legal and regulatory requirements[132]. - The company maintains independence from its controlling shareholder, with no instances of interference in decision-making or financial misconduct reported[137]. - The company has implemented strict information disclosure practices, ensuring timely and accurate reporting to investors[136]. - The company has a diverse management team with members having extensive backgrounds in environmental technology and investment management[144][145][146][147][149]. Environmental Commitment - The company is focusing on the development of pollution control technologies, including various VOCs treatment technologies, to meet increasingly stringent environmental regulations[43]. - The company anticipates that the demand for environmental protection equipment will increase as downstream industries enhance their emission standards and invest in upgrading their equipment[39]. - The company aims to leverage the policy-driven growth in the environmental protection sector, particularly in areas such as carbon reduction and pollution control[41]. - The company has developed integrated pollution control technologies, improving efficiency and reducing costs in the steel and photovoltaic industries[44]. - The company is committed to addressing high CO2 emissions through innovative research and development in environmental technologies[88]. Employee and Shareholder Relations - The company has established a training system for employees, including safety training and professional knowledge training[180]. - The company has a fixed and variable salary structure, with performance-based incentives included in the compensation policy[179]. - The company emphasizes communication and cooperation with stakeholders to balance interests and promote sustainable development[135]. - The company has implemented internal control measures to enhance compliance awareness among management and employees[192]. Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of 25% and aiming to reach 1.875 billion yuan[156]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[156]. - The company aims to enhance employee motivation and retention through these stock incentive plans, reflecting a strategic focus on long-term growth[186]. - The company's annual revenue growth target for 2023 is set at 105%, with a triggered growth rate of 84%[191].

Financial Performance - The company's operating revenue for 2022 was CNY 1,433,355,027.57, representing an increase of 80.40% compared to CNY 794,543,318.57 in 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 97,022,148.86, a growth of 66.74% from CNY 58,188,621.41 in 2021[25]. - The net cash flow from operating activities improved significantly to CNY 740,874,588.08 in 2022, compared to a negative cash flow of CNY -209,812,901.69 in 2021, marking a change of 253.11%[25]. - The basic earnings per share for 2022 was CNY 0.73, up 43.14% from CNY 0.51 in 2021[25]. - Total assets at the end of 2022 reached CNY 3,831,555,699.12, an increase of 57.38% from CNY 2,434,580,658.71 at the end of 2021[25]. - The company reported a significant increase in net profit after deducting non-recurring gains and losses, which was CNY 89,289,365.01 in 2022, up 95.47% from CNY 45,679,571.97 in 2021[25]. - The weighted average return on equity for 2022 was 9.03%, an increase of 2.67% from 6.36% in 2021[25]. - The company achieved operating revenue of CNY 1,433.36 million, a year-on-year increase of 80.40%[66]. - Net profit attributable to shareholders reached CNY 97.02 million, up 66.74% compared to the previous year[66]. - The total assets of the company amounted to CNY 3,831.56 million, reflecting a 57.38% increase year-on-year[66]. Market Position and Industry Trends - The company is positioned in the environmental protection equipment manufacturing industry, focusing on process pollution control and end-of-pipe treatment equipment[34]. - The company has a strategic focus on expanding its market presence in sectors such as semiconductor, automotive manufacturing, fine chemicals, steel metallurgy, and cement materials[34]. - In 2022, global photovoltaic (PV) installed capacity exceeded 250GW, a year-on-year increase of over 40% compared to 2021[36]. - China's PV exports reached a historical high of approximately 153.6GW in 2022, representing a year-on-year growth of 55.8%[36]. - Domestic PV installed capacity in China reached 87.41GW in 2022, a year-on-year increase of 60.30%[37]. - The ecological and environmental protection industry in China generated approximately 2.22 trillion yuan in revenue in 2022, a year-on-year growth of about 1.9%[41]. - The investment demand for ecological environment governance in China is estimated to be around 6.8 trillion to 8 trillion yuan during the "14th Five-Year Plan" period, with an average annual investment requirement of approximately 1.4 trillion to 1.6 trillion yuan[41]. - The focus on carbon reduction and pollution control will be a key development area for the environmental protection industry during the "14th Five-Year Plan" period[42]. Technological Innovation and R&D - The company has developed into a comprehensive industrial pollution control solution provider, integrating process pollution prevention, end-of-pipe treatment, and third-party testing services, showcasing significant competitive advantages[46]. - The company has invested in advanced NOx treatment technology, promoting its products in heavy industries such as cement and metallurgy, in response to stricter environmental regulations[52]. - The company has developed the LCR liquid catalyst denitrification technology, achieving a denitrification efficiency of 95% and reducing nitrogen oxide emissions to below 10 mg/Nm³[61]. - The company holds 188 patents, including 18 invention patents and 170 utility model patents, showcasing its strong technical reserve in industrial pollution control[62]. - The company is committed to continuous innovation in environmental protection technologies to expand its business scope and maintain its industry position[88]. - The company is in the pilot stage for several new technologies, indicating ongoing research and development efforts to enhance its product offerings[88]. Environmental Compliance and Risk Management - The company emphasizes the importance of risk awareness regarding future plans and forecasts, which do not constitute commitments to investors[3]. - The company has not reported any significant internal control deficiencies during the reporting period[196]. - The company does not belong to the key pollutant discharge units as published by the environmental protection department[200]. - There were no administrative penalties due to environmental issues during the reporting period, indicating compliance with environmental regulations[200]. Corporate Governance and Management - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[134]. - The supervisory board has 5 members, including 2 employee representatives, and held 11 meetings during the reporting period[136]. - The company emphasizes the protection of stakeholders' rights and actively collaborates with them to promote sustainable development[137]. - The company adheres to strict information disclosure regulations, ensuring timely and accurate communication with investors[138]. - The company held its first annual general meeting in 2022 with a participation rate of 53.65%[140]. - The company appointed Zhang Lihua as the new Chief Financial Officer on December 15, 2022, following the resignation of Qin Jinjing on June 29, 2022[144]. Future Outlook and Strategic Initiatives - The company plans to enhance product performance and expand its product range in response to increasing environmental requirements and rapid development in downstream industries[118]. - The company aims to increase R&D investment and collaborate with universities and research institutions to maintain its technological advantage and core competitiveness[119]. - The company plans to assess performance annually based on the revenue and net profit growth rates from 2021 as a baseline for the incentive plans[194]. - The company aims to build a highly efficient and economically viable CO2 capture and reduction system, aligning with national carbon neutrality goals[88]. - The company has set a future outlook with a revenue target of 1.5 billion yuan for the next fiscal year, indicating a projected growth of 25%[158].

证券代码： 301030 证券简称：仕净科技 苏州仕净科技股份有限公司投资者关系活动记录表 编号 2022-002 | --- | --- | --- | |-------------------------|--------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | 投资者关系活动 \n类别 | □ 特定对象调研 \n□ 媒体采访 \n□ 新闻发布会 \n□ 现场参观 √ 其他 | □ 分析师会议 \n □ 业绩说明会 \n □ 路演活动 \n（线上电话会议） | | 参与单位名称及 人员姓名 | 国海证券 王宁 | | | 时间 | 2022 ...

苏州仕净科技股份有限公司 2022 年第三季度报告 证券代码：301030 证券简称：仕净科技 公告编号：2022-069 苏州仕净科技股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重 大遗漏。 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 370,371,760.17 | 126.45% | 1,042,664,266.27 | 114.96% | | 归属于上市公司股东 | 17,518,542.89 | 145.22% | 58,276,859.84 | 75.67% | | 的净利润（元） | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 17,742,227.31 | 4,536.95% | 51,715,885.36 | 102.16% | | 的净利润（元） | | | | | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥672,292,506.10, representing a 109.12% increase compared to ¥321,488,701.32 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was ¥40,758,316.95, a 56.58% increase from ¥26,030,561.17 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥33,973,658.05, which is a 34.82% increase from ¥25,199,231.99 in the same period last year[23]. - The basic earnings per share increased to ¥0.31, up 19.23% from ¥0.26 in the previous year[23]. - The total assets at the end of the reporting period were ¥2,933,804,862.85, a 20.51% increase from ¥2,434,580,658.71 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were ¥1,069,840,796.73, reflecting a 4.25% increase from ¥1,026,223,915.64 at the end of the previous year[23]. - The total amount of raised funds was CNY 142,087,773.49 after deducting issuance costs, with CNY 12,243,750 invested by the reporting period[60]. - The company reported a total of 20,057 million CNY in revenue for the first half of 2022, with a year-on-year growth of 34%[65]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥285,952,557.39, worsening from -¥95,689,840.02 in the previous year, indicating a 198.83% decline[23]. - Cash flow from financing activities increased by 115.94% to ¥260,973,920.18, attributed to increased loans to support production needs[49]. - The company's cash and cash equivalents decreased by 7.42% to CNY 383,111,313, accounting for 13.06% of total assets[54]. - Accounts receivable increased by 1.19% to CNY 1,091,699,972, representing 37.21% of total assets[54]. - Inventory rose by 5.70% to CNY 872,501,508, which is 29.74% of total assets, mainly due to ongoing orders[54]. - The company's cash flow from operating activities was negatively impacted by a rise in cash outflows, leading to a net cash flow deficit[152]. Research and Development - The company invested ¥19,989,662.62 in R&D, which is a 28.23% increase from ¥15,589,412.37 in the previous year[49]. - The company has expanded its technology development to include multiple pollutants such as NOx, acid mist waste gas, and VOCs, enhancing its product offerings[75]. - The company aims to enhance its technological innovation strategy to avoid risks related to market acceptance of new products and services[75]. Market Position and Strategy - The company is positioned as a leading provider of process pollution control solutions in the photovoltaic industry, benefiting from the high demand driven by stringent environmental regulations[38]. - The company serves 8 out of the top 10 global photovoltaic module manufacturers, including Longi Green Energy and Trina Solar[39]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[160]. - The company is focusing on the photovoltaic, semiconductor, and consumer electronics industries, while exploring more innovative collaborations in the cement industry[76]. Risks and Challenges - The management highlighted potential risks including innovation risks and fluctuations in downstream industry investment scales[3]. - The recurring COVID-19 pandemic has negatively impacted project implementation and acceptance across various regions, potentially affecting future operational results[79]. - The company aims to improve operational efficiency through technological advancements and innovation in its product offerings[160]. Shareholder Information - The company has a total of 334 shareholders as of the reporting date[123]. - The largest shareholder, Zhu Ye, holds 22,604,850 shares, accounting for 16.95% of total shares[124]. - The company’s total shares decreased from 104,224,644 to 103,259,933, a reduction of 964,711 shares, representing a change from 78.17% to 77.44% of total shares[120]. Compliance and Governance - The semi-annual financial report has not been audited[97]. - The company did not report any changes in fundraising projects during the reporting period[67]. - There were no major related party transactions during the reporting period[101]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[90].

Financial Performance - The company's revenue for Q1 2022 was CNY 288,342,508.90, representing a 174.31% increase compared to CNY 105,114,090.71 in the same period last year[3] - Net profit attributable to shareholders was CNY 12,776,457.12, up 46.33% from CNY 8,731,141.05 year-on-year[3] - Total operating revenue for the first quarter reached ¥288,342,508.90, a significant increase from ¥105,114,090.71 in the previous year, representing a growth of approximately 174.5%[25] - The net profit for the quarter was ¥11,908,040.46, compared to ¥9,183,027.18 in the same period last year, reflecting an increase of approximately 29.6%[26] - The total comprehensive income for Q1 2022 was ¥11,908,040.46, compared to ¥9,183,027.18 in the same period last year, reflecting an increase of approximately 29.6%[27] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,597,778,067.36, an increase of 6.70% from CNY 2,434,580,658.71 at the end of the previous year[3] - The company's total assets at the end of the quarter were ¥2,597,778,067.36, up from ¥2,434,580,658.71 at the beginning of the year, marking a growth of about 6.7%[23] - The total liabilities of the company were ¥1,544,151,648.99, compared to ¥1,403,241,794.59, which is an increase of about 10.0%[23] Cash Flow - The net cash flow from operating activities was negative CNY 77,975,895.37, a decrease of 349.34% compared to a positive CNY 31,272,670.45 in the previous year[12] - The net cash flow from operating activities for Q1 2022 was -¥77,975,895.37, a significant decline from ¥31,272,670.45 in the previous year[29] - Total cash inflow from operating activities was ¥132,110,944.72, down from ¥218,697,128.85 year-over-year, reflecting a decrease of approximately 39.6%[29] - Cash outflow from operating activities increased to ¥210,086,840.09 from ¥187,424,458.40, marking an increase of about 12.1%[29] - The net cash flow from investing activities was -¥22,371,457.81, compared to -¥836,472.00 in the same period last year, indicating a larger outflow[30] - The net cash flow from financing activities was -¥18,675,638.88, compared to -¥4,629,485.04 in the previous year, indicating a worsening cash position[30] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 8,604[13] - The company reported a total of 104,224,644 restricted shares at the beginning of the period, with 1,552,111 shares released and 527,300 shares added, resulting in 103,199,833 restricted shares at the end of the period[17] - The largest shareholder, Zhu Ye, holds 22,604,850 restricted shares, which are locked for 36 months from the date of listing[17] - The top ten unrestricted shareholders collectively hold 3,750,000 shares (2.81%) from Suzhou Xicheng Daixi Venture Capital and 3,199,833 shares (2.40%) from Minsheng Securities[17] - The company has a total of 29,779,900 restricted shares held by other shareholders, all locked for 12 months from the date of listing[17] - The company has 14,000,000 restricted shares held by Shandong Jiangyi Venture Capital, locked for 12 months from the date of listing[17] - The company has a total of 3,000,200 shares (2.25%) held by Suzhou Dixi Cultural Creative Industry Investment Center, which are also restricted[17] Corporate Governance and Strategy - The report indicates that the company is focused on enhancing its corporate governance structure to improve long-term development and competitiveness[19] - The report highlights that the company is committed to aligning the interests of shareholders and the core team to ensure the achievement of strategic goals[19] - The report notes that the company is actively working on its long-term development strategy while ensuring shareholder interests are protected[19] Operating Costs and Income - The company's operating costs rose to CNY 230,450,683.35, a 210.71% increase from CNY 74,169,893.94, primarily due to increased sales and rising raw material and logistics costs[10] - Other income increased significantly to CNY 6,258,534.29, a 3978.44% rise from CNY 153,454.23, mainly due to increased government subsidies received[10]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB in 2021, representing a year-on-year growth of 25%[16] - The company has set a revenue target of 1.8 billion RMB for 2022, reflecting an expected growth of 20% compared to 2021[5] - The company's operating revenue for 2021 was ¥794,543,318.57, representing an increase of 18.89% compared to ¥668,318,779.82 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥58,188,621.41, a decrease of 5.24% from ¥61,407,991.15 in 2020[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥45,679,571.97, down 22.36% from ¥58,834,110.93 in 2020[20] - The company reported a basic earnings per share of ¥0.51 for 2021, down 16.39% from ¥0.61 in 2020[20] - The weighted average return on equity for 2021 was 6.36%, a decrease of 1.36% from 7.72% in 2020[20] - The company reported a net profit margin of 12% for 2021, an increase from 10% in 2020, reflecting improved cost management strategies[165] User Growth - User data showed an increase in active users, reaching 500,000 by the end of 2021, up from 400,000 in 2020, indicating a growth rate of 25%[16] - The company has set a revenue guidance for 2022, projecting an increase of 10% to 1.32 billion CNY[165] Research and Development - The company has invested 200 million RMB in research and development for new technologies in 2021, which is a 30% increase from the previous year[16] - The company has invested 50 million CNY in R&D for new technologies aimed at improving product efficiency and sustainability[165] - R&D investment for 2021 was CNY 32.26 million, a year-on-year increase of 32.27%, accounting for 4.06% of operating revenue[84] - The company employed 84 R&D personnel, representing 12.35% of the total workforce[84] - The number of R&D personnel increased to 84 in 2021, a rise of 47.37% from 57 in 2020[108] Market Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[5] - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[165] - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's market position and increase revenue by 30% in the next fiscal year[165] Environmental Technology - New product development includes the launch of a low-temperature liquid catalytic denitrification technology, which is expected to enhance market competitiveness[14] - The company operates in the environmental protection equipment manufacturing industry, which is a key focus of national industrial policy[30] - The company operates in the environmental protection equipment sector, focusing on pollution control in industries such as semiconductor, fine chemicals, and automotive manufacturing[46] - The company has developed LCR low-temperature liquid catalytic denitrification technology, which features high denitrification efficiency, low investment and operating costs, and no secondary pollution[139] Financial Management - The company has no plans to distribute cash dividends or issue bonus shares for the fiscal year 2021[6] - The company is committed to enhancing shareholder value, with plans to increase dividends by 5% in the upcoming fiscal year[165] - The company reported a positive profit for the year but did not propose a cash dividend distribution due to significant operational liquidity needs and strategic development requirements[184] Risks and Challenges - The company is facing potential risks from macroeconomic conditions, intensified market competition, and the ongoing impacts of the COVID-19 pandemic[5] - The company acknowledges the risk of bad debt losses if the financial conditions of downstream industry clients deteriorate, which could adversely affect its financial status and profitability[141] - The company faces risks related to market competition as the environmental protection industry attracts more competitors due to increasing government support and policy focus[140] Governance and Management - The board of directors consists of 9 members, including 3 independent directors, indicating a strong governance structure[157] - The company has established a complete independent business system, ensuring independence from its controlling shareholders in terms of assets, personnel, and finances[151] - The management team emphasized a focus on digital transformation to enhance operational efficiency, aiming for a 15% reduction in operational costs by 2023[165] Customer and Market Position - The company has established a strong market position with a complete business chain from design, manufacturing, system installation to value-added services, serving well-known clients across various industries[62] - The company has a diverse client base across various industries, reducing the risk of high customer concentration[77] Operational Efficiency - The company has developed a comprehensive industrial pollution control solution, integrating process pollution prevention, end-of-pipe treatment, operation management, remote monitoring, and third-party testing services[62] - The company focuses on customized and refined industrial pollution control solutions tailored to complex pollutants across various industries[64] Employee Management - The total number of employees at the end of the reporting period is 680, with 459 in the parent company and 221 in major subsidiaries[180] - The company has established a specialized training system for employees, including safety training and professional knowledge training[182] Social Responsibility - The company is committed to fulfilling social responsibilities, integrating this commitment into daily operations and stakeholder protection[195]

Financial Performance - The company's revenue for Q3 2021 was ¥163,554,319.55, a decrease of 24.79% compared to the same period last year[4] - Net profit attributable to shareholders was ¥7,144,017.43, down 70.40% year-on-year[4] - The basic earnings per share were ¥0.058, reflecting a decline of 75.93% compared to the previous year[4] - Total operating revenue for Q3 2021 reached ¥485,043,020.87, an increase of 22.1% compared to ¥396,822,173.49 in the same period last year[21] - Net profit for Q3 2021 was ¥33,375,846.81, representing a growth of 50.2% from ¥22,216,618.59 in Q3 2020[22] - Basic earnings per share for Q3 2021 were ¥0.31, compared to ¥0.23 in the same period last year, reflecting a 34.8% increase[23] Assets and Liabilities - Total assets increased to ¥2,336,396,610.65, representing a growth of 29.01% from the end of the previous year[4] - The company's total liabilities increased to ¥1,330,184,545.52, up from ¥950,497,899.03 year-over-year, reflecting a growth of 39.9%[21] - The company's total current liabilities reached ¥1,219,804,216.07, an increase of 41.2% from ¥864,152,128.44 year-over-year[21] - Current assets amounted to CNY 2,178,301,504.12, up from CNY 1,653,639,856.97, indicating a growth of about 31.7% year-over-year[19] Cash Flow - Cash flow from operating activities showed a negative net amount of ¥-281,753,217.65, indicating a decline of 99.84%[4] - Cash inflow from operating activities was ¥394,297,637.80, significantly higher than ¥168,049,974.43 in the same quarter last year, marking a growth of 134.8%[24] - The net cash flow from operating activities was -281,753,217.65, compared to -140,988,926.91 in the same period last year, indicating a decline of approximately 99.9%[26] - The total cash inflow from financing activities was 756,995,950.82, significantly higher than 349,488,730.62 in the previous year, representing an increase of about 116.5%[26] - The net cash flow from financing activities was 418,358,419.79, compared to 144,080,814.67 in the same period last year, showing an increase of approximately 190.5%[26] - The total cash and cash equivalents at the end of the period amounted to 422,298,300.67, up from 322,849,765.34 at the end of the previous year, reflecting an increase of about 30.8%[26] Research and Development - The company reported a significant increase in research and development expenses, which rose by 35.23% to ¥23,824,428.85 due to higher personnel costs and increased investment[8] - Research and development expenses for Q3 2021 amounted to ¥23,824,428.85, up 35.1% from ¥17,617,540.82 in Q3 2020, indicating a focus on innovation[22] Inventory and Borrowings - The company’s inventory increased by 102.55% to ¥388,249,385.10, attributed to a rise in order execution[10] - Short-term borrowings rose by 83.56% to ¥551,816,778.41, primarily due to increased bank loans[10] - Inventory surged to CNY 388,249,385.10, compared to CNY 191,681,304.79, marking an increase of approximately 102.5%[19] - Short-term borrowings rose significantly to CNY 551,816,778.41 from CNY 300,621,207.29, an increase of about 83.5%[19] Government Support and Shareholder Information - The company received government subsidies amounting to ¥7,078,726.74 during the reporting period, contributing to other income growth of 326.77%[8] - The total number of ordinary shareholders at the end of the reporting period was 19,050[12] Corporate Governance - The company completed the registration of its business name change on September 26, 2021, from "Suzhou Shijin Environmental Technology Co., Ltd." to "Suzhou Shijin Technology Co., Ltd."[16] - The company’s board and supervisory board elections were held on September 24, 2021, to ensure smooth governance transitions[16] Audit and Reporting - The third-quarter report was not audited, which may affect the reliability of the financial data presented[28]

Financial Performance - The company reported a significant increase in revenue for the first half of 2021, with total revenue reaching 150 million RMB, representing a 25% year-over-year growth[14]. - The net profit for the first half of 2021 was 30 million RMB, which is a 15% increase compared to the same period last year[14]. - The company achieved operating revenue of ¥321,488,701.32, representing a year-on-year increase of 79.23%[34]. - The net profit attributable to shareholders reached ¥26,030,561.17, a significant increase of 2,358.24% compared to the same period last year[34]. - The net profit after deducting non-recurring gains and losses was ¥25,199,231.99, up 1,838.77% year-on-year[34]. - The company reported a basic earnings per share of ¥0.26, reflecting a 2,700.00% increase from a loss of ¥0.01 in the previous year[34]. - The company reported a total profit of ¥32.55 million for the first half of 2021, compared to ¥599,610.77 in the first half of 2020[137]. - The company reported a significant reduction in credit impairment losses, with a loss of ¥4,347,703.51 in the first half of 2021 compared to a gain of ¥9,015,544.79 in the same period of 2020[133]. Market Expansion and Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 30% increase in market share by the end of 2022[14]. - User data indicates a 20% increase in customer base, with over 1,000 new clients acquired in the first half of 2021[14]. - The company is actively expanding its market presence in the environmental protection equipment manufacturing sector, driven by increasing environmental regulations and investment[35]. - The company has established a strong market position in the photovoltaic industry, leveraging national policies supporting the semiconductor and environmental protection sectors[36]. - The company has a diverse client base across various industries, reducing the risk of high customer concentration and allowing for strategic market expansion[41]. Research and Development - The company plans to invest 50 million RMB in R&D for new environmental technologies in the upcoming year[14]. - Research and development expenses rose to ¥15,589,412.37, a 71.84% increase from ¥9,071,894.30, due to an increase in R&D personnel and project costs[45]. - The company focuses on the research, production, and sales of process pollution prevention and end-of-pipe treatment equipment, positioning itself as a high-tech enterprise[28]. - The company’s core competitiveness lies in its proprietary technology and customized technical solution design capabilities[37]. - The company is focusing on enhancing its competitive edge through technological innovation and improving process design in response to increasing market competition[63]. Financial Position - Total assets at the end of the reporting period were ¥2,205,246,159.23, an increase of 21.77% from the end of the previous year[34]. - The company’s net assets attributable to shareholders increased to ¥852,211,440.19, up 3.15% from the previous year[34]. - The company’s total assets increased to ¥1,972,154,090.02 as of June 30, 2021, up from ¥1,579,001,747.14 at the end of 2020, reflecting a growth of 25.0%[130]. - The total liabilities of the company were CNY 1,319,955,151.24, compared to CNY 950,497,899.03 at the end of 2020, marking an increase of approximately 38.8%[125][126]. - The company’s total equity attributable to shareholders increased to ¥834,505,519.44 from ¥807,951,617.77, showing a growth of 3.3%[130]. Risks and Challenges - The company is facing risks related to market competition and potential impacts from the ongoing COVID-19 pandemic[4]. - The ongoing COVID-19 pandemic may adversely affect the company's operations and project execution across various regions, impacting future business performance[66]. - The company has established a technology innovation risk early warning system to mitigate risks associated with technological innovation failures[61]. Shareholder Information - No cash dividends or stock bonuses will be distributed to shareholders for this period[5]. - The company has a total of 100,000,000 shares outstanding, with 100% being restricted shares[106]. - Major shareholders include Zhu Ye with 22.60% ownership, Shandong Jiangyi Venture Capital with 14.00%, and Tian Zhiwei with 10.50%[109]. Partnerships and Collaborations - The company has established a new partnership with a leading technology firm to enhance its product offerings in pollution control equipment[14]. - The strategic cooperation agreement with China National Building Material International Equipment Co., Ltd. aims to sign approximately 400 contracts worth about 7.6 billion RMB over six years[67]. - The execution of the framework agreement has not met expectations due to factors such as the global pandemic, the implementation of ultra-low emissions in the cement industry, and internal approval processes within the China National Building Material Group[67]. Cash Flow and Financing - The cash flow from financing activities increased by 145.90% to ¥120,853,444.62, attributed to a rise in borrowings compared to the previous year[45]. - The net cash flow from operating activities for the first half of 2021 was -23,700,401.51 CNY, a decrease from -79,743,604.36 CNY in the same period of 2020[144]. - The cash flow from financing activities generated a net inflow of 63,009,185.73 CNY, up from 50,711,272.93 CNY in the first half of 2020[144]. Corporate Governance - The financial report for the first half of 2021 was not audited[121]. - The financial report was approved by the company's board on August 25, 2021[175]. - The company did not report any new product launches or technological advancements during this period[152]. - There were no significant market expansions or mergers and acquisitions mentioned in the report[152].