Financial Performance - The company's operating revenue for the current reporting period is ¥1,193,452,235.57, a decrease of 27.26% compared to the same period last year [26]. - The net profit attributable to shareholders for the current period is ¥1,830,054.90, reflecting a significant decline of 92.12% year-over-year [26]. - The company's revenue for the first half of 2023 was approximately ¥1.19 billion, a decrease of 27.26% compared to ¥1.64 billion in the same period last year, primarily due to a decline in product sales and prices [52]. - The company's operating costs decreased by 29.43% to approximately ¥1.03 billion from ¥1.46 billion, attributed to lower sales volume and raw material prices [52]. - The company reported a net loss of CNY 4,101,596.53 for the first half of 2023, contrasting with a net profit of CNY 420,263.17 in the same period of 2022 [194]. - The company's total profit for the first half of 2023 was CNY 3,902,344.11, a sharp decline from CNY 30,678,405.24 in the same period of 2022 [189]. - Basic and diluted earnings per share for the first half of 2023 were both CNY 0.02, down from CNY 0.26 in the first half of 2022 [190]. Cash Flow and Investments - The net cash flow from operating activities has improved to ¥116,047,281.48, a turnaround of 202.11% compared to the previous year [26]. - Cash outflow from investing activities was CNY 128,862,334.80, down from CNY 150,684,097.92 year-over-year [197]. - Net cash flow from investing activities was negative CNY 127,862,834.80, an improvement from negative CNY 143,874,305.69 in the previous year [197]. - Cash inflow from financing activities decreased to CNY 598,743,367.59 from CNY 699,776,616.00 in the first half of 2022 [197]. - The company reported a significant reduction in cash received from sales, totaling CNY 772,451,624.11, down 11.1% from CNY 868,666,376.20 in the first half of 2022 [196]. Research and Development - The report highlights the company's focus on research and development in new products and technologies [19]. - Research and development expenses increased by 16.88% to approximately ¥28 million, reflecting the company's commitment to innovation [52]. - The company emphasizes R&D, focusing on both new product development and upgrading existing processes, with a strong emphasis on market demand [43]. - The company has developed several core technologies, including shell structure latex particle technology and UV curing technology, enhancing its competitive edge [44]. Market Position and Strategy - The company is a major player in the water-based acrylic emulsion market, with a focus on R&D and production since its establishment in 2001 [34]. - The company has established long-term cooperative relationships with major clients such as Nippon Paint and AkzoNobel, enhancing its market position [34]. - The company reported a strong market position in the domestic acrylic emulsion industry, ranking among the top players with significant market share [43]. - The company is actively developing new products for various applications, including transparent heat-insulating waterproofing and asphalt corrosion prevention [37]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025 [105]. Environmental Compliance and Sustainability - The company is committed to environmental and social responsibilities as part of its operational strategy [19]. - The company is classified as a key pollutant discharge unit by environmental protection authorities [102]. - The company has implemented various environmental protection laws and regulations since 2012, including the Clean Production Promotion Law and the Environmental Protection Law [102]. - The company reported that all emissions from its facilities were within regulatory limits, with VOCs emissions at 0.74 mg/m³ against a limit of 2.0 mg/m³ [106]. - The company achieved compliance with emission standards for nitrogen oxides at a discharge rate of 25 mg/m³, significantly below the limit of 100 mg/m³, with a total emission of 0.52 tons compared to 14.4 tons allowed [108]. Corporate Governance and Management - The management team is led by Yang Wenyu, who serves as the legal representative [20]. - The company has a governance structure with a total of 12 directors, supervisors, and senior management personnel, with terms ending on September 22, 2024 [96]. - The company has implemented a safety production responsibility system, with the factory manager being the main responsible person for safety production [122]. - The company has established a comprehensive safety production supervision mechanism and strengthened safety management capabilities across departments [121]. Financial Management and Debt - The company has a total of CNY 15,000 million in guarantees, with specific guarantees expiring in 2025 and 2026 [149]. - The total approved guarantee amount for subsidiaries is CNY 26,500 million, with an actual guarantee balance of CNY 15,592.71 million as of the report date [152]. - The company has a financing lease contract with a total cost of CNY 1,000 million, which has been fully incurred during the reporting period [146]. - The company reported that the profit from the financing lease contract accounts for over 10% of the total profit for the reporting period [146]. Shareholder Information - The total number of shareholders at the end of the reporting period was 6,777 [168]. - The largest shareholder, Yang Wenyu, holds 51.52% of the shares, totaling 51,731,900 shares [168]. - The company’s shareholder structure remains stable, with no foreign investment holdings reported [159]. - The company has not engaged in any significant related party transactions during the reporting period [135].

Main Financial Data [Key Accounting Data and Financial Indicators](index=2&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2023, the company experienced a significant performance decline, with operating revenue decreasing by **25.57%** year-over-year and net profit attributable to shareholders turning from profit to loss, plummeting by **318.90%**; however, net cash flow from operating activities surged by **294.37%**, indicating improved cash collection Key Accounting Data and Financial Indicators | Indicator | Current Period | Prior Year Period | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 557,861,952.13 | 749,508,623.14 | -25.57% | | Net Profit Attributable to Shareholders (RMB) | -15,251,311.17 | 6,967,258.38 | -318.90% | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items (RMB) | -15,655,973.91 | 5,496,220.72 | -384.85% | | Net Cash Flow from Operating Activities (RMB) | 85,217,292.86 | -43,843,370.65 | 294.37% | | Basic Earnings Per Share (RMB/share) | -0.15 | 0.08 | -287.50% | | Total Assets (RMB) | 2,343,074,109.07 | 2,518,132,544.98 | -6.95% (vs. prior year-end) | | Shareholders' Equity Attributable to the Parent Company (RMB) | 815,334,993.33 | 831,261,673.04 | -1.92% (vs. prior year-end) | [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Non-recurring gains and losses totaled **RMB 404,662.74** in the current period, primarily from government grants and acquisition-related gains, with minimal impact on the net loss Non-Recurring Gains and Losses Items and Amounts | Item | Amount for Current Period (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | -20,592.27 | | Government Grants Recognized in Current Profit/Loss | 285,252.90 | | Gains from Acquisition of Subsidiaries | 202,493.58 | | Other Non-Operating Income/Expenses and Entrusted Investment Gains/Losses | -26,402.95 | | **Total** | **404,662.74** | [Analysis of Changes in Key Financial Indicators and Reasons](index=3&type=section&id=Analysis%20of%20Changes%20in%20Key%20Financial%20Indicators%20and%20Reasons) The significant decline in net profit is attributed to decreased product sales and prices, increased employee compensation due to higher social security bases, and share-based payment expenses from equity incentive plans, while improved operating cash flow resulted from increased customer collections and optimized raw material procurement - The **318.90% year-over-year decrease** in net profit attributable to the parent company was primarily due to: - A decline in the company's product sales volume and average selling prices compared to the prior year period - Increased employee compensation due to higher social security contribution bases - Recognition of share-based payment expenses from the implementation of equity incentive plans[9](index=9&type=chunk) - Net cash flow from operating activities **increased significantly by 294.37% year-over-year**, primarily benefiting from: - Increased customer collections - Improved raw material procurement methods[9](index=9&type=chunk) Shareholder Information [Common Shareholder Holdings](index=3&type=section&id=Common%20Shareholder%20Holdings) As of the reporting period end, the company had **6,589** common shareholders, with the actual controller Mr. Yang Wenyu and his concerted parties (family relations and controlled partnership) holding over **67%** of shares, indicating absolute control - The total number of common shareholders at the end of the reporting period was **6,589**[11](index=11&type=chunk) - Shareholding is highly concentrated, with the top four shareholders — Yang Wenyu, Yang Meiqin, Yang Huijing, and Shanghai Yuwei Investment Partnership (Limited Partnership) — all being related parties, holding a combined **70.85%** of shares[12](index=12&type=chunk) - Actual controller Mr. Yang Wenyu is the father of the third largest shareholder, Yang Huijing; Yang Wenyu is also the executive partner of the fourth largest shareholder, Shanghai Yuwei Investment Partnership; the second largest shareholder, Yang Meiqin, is the sister of Yang Huijing's mother[12](index=12&type=chunk) Other Significant Matters [External Investments](index=5&type=section&id=External%20Investments) To expand overseas markets, the company acquired a **60%** stake in Malaysian water-based acrylic emulsion manufacturer MORTRADE SDN.BHD. for approximately **RMB 5.4471 million** in March 2023, aligning with its core business for international expansion - In March 2023, the company acquired a **60% stake** in Malaysian company MORTRADE SDN.BHD. for **MYR 3.54 million** (equivalent to approximately **RMB 5.4471 million**) using its own funds[14](index=14&type=chunk) - The acquired company, MORTRADE SDN.BHD., has the same primary business as Baolijia, focusing on the research, development, production, and sales of water-based acrylic emulsions[14](index=14&type=chunk) Quarterly Financial Statements [Consolidated Balance Sheet](index=5&type=section&id=Consolidated%20Balance%20Sheet) As of Q1 2023, total assets decreased by **6.95%** to **RMB 2.343 billion**, and total liabilities decreased by **9.67%** to **RMB 1.524 billion**, with the asset-liability ratio falling from **67.0%** to **65.0%**, and notable declines in monetary funds, notes receivable, and accounts receivable Consolidated Balance Sheet | Key Balance Sheet Items (RMB) | Period-End Balance (2023-03-31) | Year-Beginning Balance (2023-01-01) | Change | | :--- | :--- | :--- | :--- | | **Total Assets** | **2,343,074,109.07** | **2,518,132,544.98** | **-6.95%** | | Monetary Funds | 185,210,255.19 | 308,810,234.79 | -40.02% | | Accounts Receivable | 618,632,300.90 | 709,387,125.68 | -12.79% | | Inventories | 199,972,932.58 | 137,926,806.38 | +45.00% | | **Total Liabilities** | **1,523,797,781.96** | **1,686,870,871.94** | **-9.67%** | | Short-term Borrowings | 795,879,229.90 | 892,634,012.74 | -10.84% | | **Equity Attributable to Parent Company Shareholders** | **815,334,993.33** | **831,261,673.04** | **-1.92%** | [Consolidated Income Statement](index=7&type=section&id=Consolidated%20Income%20Statement) In Q1 2023, total operating revenue decreased by **25.57%** to **RMB 557.86 million**, while operating costs decreased by a larger **28.10%**; however, significant increases in selling and administrative expenses led to operating profit and net profit turning into losses, with a net loss attributable to the parent company of **RMB 15.2513 million** Consolidated Income Statement | Key Income Statement Items (RMB) | Current Period Amount | Prior Period Amount | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 557,861,952.13 | 749,508,623.14 | -25.57% | | Total Operating Costs | 576,691,398.23 | 743,451,534.69 | -22.44% | | Selling Expenses | 37,361,470.99 | 20,466,524.13 | +82.55% | | Administrative Expenses | 23,148,069.61 | 18,701,226.10 | +23.78% | | Operating Profit | -11,475,031.34 | 10,776,107.59 | -206.52% | | **Net Profit Attributable to Parent Company Shareholders** | **-15,251,311.17** | **6,967,258.38** | **-318.90%** | [Consolidated Cash Flow Statement](index=9&type=section&id=Consolidated%20Cash%20Flow%20Statement) Q1 2023 saw divergent cash flow trends: operating cash flow significantly improved to a net inflow of **RMB 85.2173 million** due to better collections and procurement, but investing activities resulted in increased net outflow of **RMB 75.7343 million**, and financing activities turned to a net outflow of **RMB 75.4573 million** due to debt repayments exceeding new borrowings, leading to a **RMB 66.3723 million** decrease in period-end cash and cash equivalents Consolidated Cash Flow Statement | Cash Flow Items (RMB) | Current Period Amount | Prior Period Amount | Trend | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 85,217,292.86 | -43,843,370.65 | Significant Net Inflow Increase | | Net Cash Flow from Investing Activities | -75,734,341.11 | -63,871,439.81 | Increased Net Outflow | | Net Cash Flow from Financing Activities | -75,457,295.06 | 140,812,154.55 | Shift from Net Inflow to Net Outflow | | **Net Increase/Decrease in Cash and Cash Equivalents** | **-66,372,310.21** | **33,068,967.09** | **Significant Decrease** | [Audit Opinion](index=10&type=section&id=Audit%20Opinion) The company's first-quarter 2023 financial report is unaudited - The company's first-quarter report is unaudited[24](index=24&type=chunk)

Group 1: Company Overview and Strategy - The company aims to become "the world's Baolijia" and has acquired 60% of Malaysian company MORTRADE SDN.BHD. for RMB 5.45 million, which aligns with its main business of water-based acrylic emulsions [2] - The company is actively expanding its foreign market presence through asset acquisitions and establishing factories [2] - The main business focuses on water-based acrylic emulsions, which are used in various industries including construction coatings and textiles [3] Group 2: Financial Performance and Challenges - In Q1 2023, the company reported a significant decline in revenue, with sales expenses increasing by over RMB 15 million [3][4] - The company faced a loss in Q1 2023, attributed to a decrease in product sales and prices, alongside increased employee compensation and share-based payment expenses [6] - The company's sales expenses for Q1 2023 were RMB 37.36 million, with management expenses rising by 23.78% to RMB 23.15 million [4] Group 3: Market Position and Competitive Advantages - The company ranks among the top in production capacity within the industry, with four major production bases established in Shanghai, Guangdong, Shandong, and Sichuan [3] - The company emphasizes R&D investment, possessing several core technologies, and has set up independent research institutes in Shanghai and Beijing [3] - The marketing strategy includes a dual approach of direct sales to strategic customers and agency sales to smaller clients, creating a comprehensive marketing network [3] Group 4: Future Outlook and Investor Relations - The company plans to enhance investor relations through regular performance briefings and various communication channels [4] - The company maintains confidence in future growth despite current challenges in the acrylic emulsion industry [5] - The company aims to optimize its production capacity and improve profitability in response to market demands [5]

上海保立佳化工股份有限公司 2023 年第一季度报告 证券代码：301037 证券简称：保立佳 公告编号：2023-024 上海保立佳化工股份有限公司 2023 年第一季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □是 否 1 上海保立佳化工股份有限公司 2023 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 557,861,952.13 | 749,508,623.14 | -25.57% | | 归属于上市公司股东的净利润（元） | ...

Financial Performance - In 2022, the company's net profit significantly decreased compared to 2021 due to fluctuations in raw material prices, despite an increase in operating revenue and product sales[4]. - The company's operating revenue for 2022 was ¥3,162,880,650.02, an increase of 6.32% compared to ¥2,974,838,701.52 in 2021[28]. - The net profit attributable to shareholders decreased by 88.63% to ¥5,737,154.48 from ¥50,451,374.64 in the previous year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,633,095.57, down 82.12% from ¥42,701,730.12 in 2021[28]. - Basic and diluted earnings per share fell by 91.26% to ¥0.0573 from ¥0.6555 in 2021[28]. - The gross margin declined as the increase in unit costs outpaced the rise in product prices during the first half of 2022[4]. - The company reported a quarterly revenue of ¥614,216,268.51 in Q4 2022, down from ¥907,865,506.80 in Q3 2022[30]. - The net profit attributable to shareholders in Q3 2022 was -¥22,635,586.21, indicating a significant loss compared to profits in the first two quarters[30]. - The company received government subsidies amounting to ¥4,459,692.87 in 2022, down from ¥9,873,528.17 in 2021[34]. Operational Strategy - The company plans to control inventory effectively and increase the proportion of current production and sales[6]. - The company aims to enhance internal management efficiency and optimize existing product technology to reduce costs and increase efficiency[6]. - The company will increase R&D efforts to promote high value-added products, aiming to improve overall gross margin[6]. - The company is focusing on developing special coatings, including elastic and high-gloss coatings, leveraging the synergy between acrylic emulsions and thickeners[41]. - The company plans to enhance its service capabilities for premium clients by offering personalized solutions, responding to the increasing market concentration[55]. - The company aims to expand its business in textile and packaging emulsions while maintaining stability in its main products related to construction and waterproofing[55]. - The company is actively expanding its market presence and enhancing its product structure to improve operational efficiency and sustainability[72]. Market and Industry Insights - The main business of the company is the research, production, and sales of water-based acrylic emulsions, classified under the chemical raw materials and chemical products manufacturing industry[39]. - The company anticipates continued growth in demand for water-based acrylic emulsions in various sectors, including construction and industrial coatings, due to increasing environmental awareness[41]. - The procurement cost of raw materials, including butyl acrylate and styrene, accounts for about 60%-65% of the overall cost of acrylic emulsions, significantly impacting the company's gross margin and profitability[43]. - The prices of key raw materials such as butyl acrylate and styrene experienced significant fluctuations in 2022 due to geopolitical conflicts and monetary policy changes, affecting the overall profitability of the industry[45]. - The company is expanding its applications of acrylic emulsions into emerging fields such as printing, logistics, detergents, cosmetics, and pharmaceuticals, driven by its non-toxic and environmentally friendly characteristics[41]. - The company achieved a production capacity of 507,100 tons in 2022, positioning it as a leading player in the water-based acrylic emulsion industry[53]. Research and Development - The company has established independent research institutes in Shanghai and Beijing to strengthen its R&D capabilities and improve product offerings[52]. - The company has developed multiple patented technologies, including a low formaldehyde, no formaldehyde textile emulsion[58]. - The company is in the mass production stage for its functional emulsions and textile emulsions[58]. - The company is committed to quality control and market share expansion in the textile industry[58]. - The company is focusing on developing high-performance products such as waterproof emulsions and low surface energy adhesives to enhance market competitiveness[94]. - The company has allocated a budget of 100 million RMB for research and development of new technologies in 2023[171]. Risk Management - The company acknowledges various risks, including safety and environmental risks, raw material price volatility, and accounts receivable risks[6]. - The company focuses on risk management by conducting regular risk identification activities and optimizing production processes to enhance safety and efficiency[75]. - To mitigate raw material price fluctuation risks, the company plans to optimize procurement costs and stockpile materials when prices are favorable[139]. - The company is enhancing cash flow management to address liquidity risks, including measures to improve accounts receivable collection and reduce reliance on commercial acceptance bills[141]. Governance and Compliance - The company has a governance structure in place with independent directors and a supervisory board, ensuring compliance with regulations[166]. - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with governance standards[149]. - The company has established and strictly implements the "Information Disclosure Management Measures" to ensure the accuracy and timeliness of information disclosure[153]. - The company respects and maintains the legitimate rights and interests of stakeholders, achieving a balance among social, shareholder, company, and employee interests[154]. - The company has not reported any penalties from regulatory agencies for its directors and supervisors in the past three years[178]. Employee and Compensation - The total number of employees at the end of the reporting period was 640, with 66 in the parent company and 574 in major subsidiaries[194]. - The company implemented a performance-based compensation system to enhance employee productivity and align with corporate goals[195]. - The total remuneration for directors, supervisors, and senior management in 2022 amounted to 8.4409 million yuan[182]. - The average remuneration for senior management was approximately 0.73 million yuan[182]. - The company emphasizes attracting and retaining talent, particularly in technical roles, through competitive benefits[195]. Future Outlook - The company plans to continue expanding its production capacity in the chemical sector to meet growing market demand[112]. - The company aims to enhance profitability and optimize capacity layout, focusing on inventory management and increasing the proportion of current production and sales[133]. - The company has set a performance guidance for the upcoming fiscal year, aiming for a revenue growth of approximately 10%[166]. - The company anticipates a revenue growth target of 15% for the next fiscal year, driven by increased demand in the chemical sector[171].

证券代码：301037 证券简称：保立佳 公告编号：2023-039 上海保立佳化工股份有限公司 关于召开2022年度业绩说明会的公告 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。 重要内容提示： 1 公司保荐代表人：贾超先生 四、投资者问题征集及参与方式 会议召开时间：2023年5月10日（星期三）15:00-17:00 会议召开方式：网络互动方式 网络互动地址：全景网"投资者关系互动平台"（https://ir.p5w.net） 一、业绩说明会的类型 上海保立佳化工股份有限公司（以下简称"公司"）《2022年年度报告》全文 及摘要已于2023年4月27日在巨潮资讯网（http://www.cninfo.com.cn）上披露。为 使投资者更加全面、深入地了解公司2022年年度报告和2022年度经营情况，公司 决定以网络互动的方式召开2022年度业绩说明会，欢迎广大投资者积极参与，公 司将广泛听取投资者意见和建议。 二、说明会召开时间、地点、方式 本次业绩说明会将于2023年5月10日（星期三）15:00-17:00在全景网"投资者 关系互动平台"（http ...

Group 1: Company Overview - Shanghai Baolijia Chemical Co., Ltd. was established in 2001, primarily engaged in the R&D, production, and sales of water-based acrylic emulsions, with applications in construction, waterproofing, textiles, and packaging [2]. - The company has established four production bases in Shanghai, Foshan, Yantai, and Deyang, with plans for a fifth base in Mingguang, Anhui, to enhance national capacity coverage [2]. - The company achieved a market share of 11.11% in 2019, with nearly 20% in the construction segment [3]. Group 2: Production and Operational Impact - In September 2021, only the wholly-owned subsidiary in Foshan was affected by power restrictions, but production was not halted, and operations have since returned to normal [3]. - The company maintains a competitive edge in production costs due to large-scale procurement and strategic purchasing methods, resulting in lower raw material prices compared to market quotes [4]. Group 3: Competitive Advantages - The company has a production capacity of 376,800 tons as of 2020, which creates a significant barrier to entry for competitors due to high investment and long construction periods for production facilities [4]. - The company has a dedicated R&D team of over 60 members, ensuring the ability to meet evolving customer demands and maintain technological competitiveness [5]. Group 4: Industry Trends and Market Position - The acrylic emulsion industry is experiencing consolidation due to stricter environmental regulations, which pressure smaller companies, while larger firms with robust R&D capabilities are favored by downstream clients [5]. - Major players in the domestic market include Baolijia and Badfu, with foreign companies like Dow Chemical and BASF holding smaller market shares, posing limited competitive pressure in the short term [5].

证券代码：301037 证券简称：保立佳 上海保立佳化工股份有限公司投资者关系活动记录表 编号：20220114 | --- | --- | --- | --- | --- | |------------------------|------------------------------|------------------------------------------------------|-------|-----------------------------------------------------------------------------------------------------------| | | | | | | | 投资者 关系活 | | 特定对象调研 □分析师会议 | | | | 动类别 | □新闻发布会 | □媒体采访 □业绩说明会 □路演活动 | | | | | □现场参观 | | | | | | □其他 | | | | | 参与单 位名称 | | | | 长城证券：濮阳；长江证券：张弛；海通证券：朱军军、胡 | | 及人员姓名 | | | | 歆；兴业证券：季贤 ...

上海保立佳化工股份有限公司 2022 年第三季度报告 证券代码：301037 证券简称：保立佳 公告编号：2022-073 上海保立佳化工股份有限公司 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。 重要内容提示： 3.第三季度报告是否经过审计 □是 否 1 上海保立佳化工股份有限公司 2022 年第三季度报告 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告 中财务信息的真实、准确、完整。 一、主要财务数据 （一） 主要会计数据和财务指标 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） | 907,865,506.80 | -9.00% ...

Financial Performance - The company's operating revenue for the reporting period was ¥1,640,798,874.71, representing an increase of 11.21% compared to ¥1,475,450,482.99 in the same period last year[26]. - The net profit attributable to shareholders decreased by 48.50% to ¥23,224,243.38 from ¥45,096,721.69 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was ¥24,050,716.59, down 42.72% from ¥41,985,970.50 in the previous year[26]. - The company's total assets increased by 7.56% to ¥2,654,132,600.80 from ¥2,467,602,307.48 at the end of the previous year[27]. - The basic earnings per share decreased by 61.19% to ¥0.26 from ¥0.67 in the same period last year[27]. - The company reported a net cash flow from operating activities of -¥113,650,864.95, an improvement of 35.10% compared to -¥175,112,048.27 in the previous year[26]. - Revenue for the reporting period was approximately ¥1.64 billion, representing an increase of 11.21% compared to the previous year[57]. - Operating costs increased by 12.96% to approximately ¥1.46 billion, reflecting rising production expenses[57]. - Research and development investment rose by 7.59% to approximately ¥24 million, indicating a commitment to innovation[57]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management, including the CEO and accounting head[4]. - The management team has attended the board meeting to review the report, ensuring collective responsibility for its contents[4]. - The company is committed to transparency and has made all relevant documents available for public inspection[10]. - The company has not reported any significant environmental issues during the reporting period[113]. - The company’s board and supervisory committee have verified the incentive plan's implementation and compliance with regulations[109]. Risk Management - The company emphasizes the importance of investor awareness regarding potential risks and challenges in its operations[4]. - The management discussion section includes detailed descriptions of risks and countermeasures faced by the company[4]. - The company faces risks related to raw material price fluctuations, which directly impact production costs, and plans to optimize procurement and stockpile materials when prices are favorable[95]. - Accounts receivable risks are increasing due to expanding sales and industry consolidation, prompting the company to strengthen credit evaluations and optimize receivable structures[96]. - Liquidity risks are being managed through improved cash flow management and diversified financing channels to mitigate pressures from rising raw material costs and delayed customer payments[98]. Environmental Compliance - The company reported that it is a key pollutant discharge unit, with specific emissions data indicating compliance with environmental standards[114]. - The company’s environmental compliance includes specific pollutant discharge limits, with emissions of non-methane total hydrocarbons at 2.639 mg/Nm³, below the standard of 60 mg/Nm³[114]. - The company achieved a non-methane total hydrocarbon emission of 0.6 mg/m³, well under the threshold of 60 mg/m³[116]. - The company reported a total nitrogen level of 9.77 mg/L at the factory gate, significantly below the limit of 40 mg/L[116]. - The company has established emergency response plans for environmental incidents across its subsidiaries, with no reported environmental pollution incidents during the reporting period[125][126][128]. Research and Development - The company is focusing on high-quality development and increasing R&D for high-end new products to meet market demands for green and healthy living[37]. - The company has a strong R&D capability, focusing on both independent and collaborative research, including partnerships with universities like Fudan University[44]. - Investment in new technology development has increased by 30%, with a focus on sustainable chemical solutions[100]. - The company holds 32 invention patents and 20 utility model patents, showcasing strong independent R&D capabilities[48]. Market Strategy - The company is positioned to gain market share as the industry undergoes consolidation due to increased environmental pressures on smaller competitors[45]. - The company is exploring new markets in Southeast Asia, aiming for a 15% market penetration by the end of 2023[101]. - The company plans to expand its production capacity by 40% in the next year to meet rising demand[101]. - A strategic acquisition of a smaller competitor is anticipated to enhance market share by 10%[101]. Shareholder Engagement - The company reported a total of 4,827,800 shares held by the director Yang Huijing at the beginning of the period, increasing to 4,900,600 shares by the end of the period, with an increase of 72,800 shares[191]. - The company’s stock incentive plan aims to align employee interests with company performance through performance-based vesting[182]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[193][194]. - The company’s independent directors provided opinions on the stock incentive plan, ensuring it aligns with shareholder interests[109]. Financial Management - The company reported a debt-to-equity ratio of 0.5, indicating a stable financial position[162]. - The company has a total of approximately ¥381.99 million in restricted assets, primarily due to bank credit guarantees[68]. - The total approved guarantee amount for subsidiaries reached CNY 187,515 million, with an actual guarantee balance of CNY 86,481.72 million at the end of the reporting period[164]. - The company provided guarantees totaling CNY 3,500 million on June 13, 2022, with an actual guarantee amount of CNY 1,250 million[164].