Financial Performance - The company's revenue for Q3 2021 was ¥225,063,182.54, representing a year-over-year increase of 21.60%[3] - The net profit attributable to shareholders for Q3 2021 was ¥26,353,930.59, a decrease of 16.30% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥25,446,243.90, down 6.87% year-over-year[3] - The basic earnings per share for Q3 2021 was ¥0.31, a decrease of 24.67% year-over-year[3] - The diluted earnings per share for Q3 2021 was also ¥0.31, reflecting the same percentage decrease as basic earnings[3] - The company reported a net profit attributable to shareholders increased by 32.92% to ¥309,702,444.56 from ¥233,005,782.11, driven by sustained operational profitability[11] - Net profit for Q3 2021 was ¥76,696,662.46, slightly up from ¥76,541,581.61 in Q3 2020, indicating a stable performance[23] - Total comprehensive income for the third quarter of 2021 was approximately ¥76.70 million, compared to ¥76.54 million in the same period last year, reflecting a slight increase[24] Assets and Liabilities - The total assets at the end of the reporting period reached ¥1,021,702,284.38, an increase of 69.71% compared to the end of the previous year[4] - The company's total assets as of September 30, 2021, amounted to ¥1,021,702,284.38, a significant increase from ¥602,039,161.14 at the end of 2020[19] - Current assets totaled ¥751,132,538.67, more than doubling from ¥374,503,770.74 at the end of 2020[19] - The company’s total liabilities decreased to ¥209,130,895.53 from ¥228,167,390.46, indicating a reduction in financial leverage[20] - The total liabilities decreased by 69.37% in contract liabilities to ¥334,889.76 from ¥1,093,356.98, mainly due to a reduction in advance payments received[11] Cash Flow - The cash flow from operating activities for the year-to-date was ¥12,106,968.01, showing a significant decline of 60.78%[3] - The net cash flow from operating activities decreased by 60.78% to ¥12,106,968.01 from ¥30,870,666.05, mainly due to shorter payment terms given to some suppliers and an increase in accounts receivable[12] - The company reported a net cash flow from financing activities of ¥373,618,912.05, a significant increase of 8844.04% compared to -¥4,272,838.79 in the previous year, mainly due to stock issuance financing[12] - Cash inflow from operating activities was approximately ¥636.87 million, an increase from ¥489.56 million year-over-year[26] - Cash outflow from operating activities totaled approximately ¥624.76 million, compared to ¥458.69 million in the previous year[26] - Net cash flow from financing activities was approximately ¥373.62 million, a significant improvement from -¥4.27 million in the same period last year[27] Research and Development - Research and development expenses rose by 39.62% to ¥21,237,074.82 from ¥15,211,107.79, reflecting the company's commitment to enhancing R&D investments[11] - Research and development expenses for Q3 2021 were ¥21,237,074.82, up 39.5% from ¥15,211,107.79 in Q3 2020, highlighting a focus on innovation[22] Shareholder Equity - The equity attributable to shareholders at the end of the reporting period was ¥812,571,388.85, up 117.34% from the previous year-end[4] - The company's equity attributable to shareholders increased to ¥812,571,388.85 from ¥373,871,770.68 at the end of 2020, indicating strong growth in shareholder value[21] Operating Costs - The company’s gross profit margin was impacted by a 37.58% increase in operating costs, which totaled ¥471,860,989.91 compared to ¥342,976,129.09 in the previous year[11] - Total operating costs for Q3 2021 were ¥554,103,098.66, up 36.2% from ¥407,136,630.52 in Q3 2020[22]

Financial Performance - The company reported a revenue of RMB 100 million for the first half of 2021, representing a year-on-year increase of 20%[17]. - The net profit attributable to shareholders for the same period was RMB 15 million, up 25% compared to the previous year[17]. - The company's operating revenue for the first half of 2021 was ¥418,863,679.24, an increase of 36.25% compared to the same period last year[30]. - The net profit attributable to shareholders for the same period was ¥50,342,731.87, reflecting an increase of 11.74% year-on-year[30]. - The basic earnings per share for the period was ¥0.65, representing a 12.07% increase from ¥0.58 in the same period last year[30]. - The company anticipates a revenue growth forecast of 15% for the full year 2021, driven by increased demand in the electronics sector[17]. - The company reported a total revenue of CNY 392,918,590.85 from sales and services, up from CNY 277,432,647.67 in the first half of 2020, reflecting a growth of approximately 41.6%[140]. - The company reported a net profit attributable to shareholders of 42.7 million yuan, which is a decline of 31.8% year-over-year[145]. Research and Development - The company has allocated RMB 5 million for R&D in new technologies, focusing on micro-nano structures for optical components[17]. - Research and development investment increased by 60.53% to ¥13,277,978.73, reflecting the company's commitment to enhancing R&D and developing new products[40]. - Research and development expenses for the first half of 2021 amounted to 50.3 million yuan, representing 4% of total revenue[145]. - The company aims to enhance its technological capabilities through strategic partnerships and acquisitions in the upcoming quarters[147]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by the end of 2022[17]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[128]. - The company is focusing on expanding its market and customer base to reduce reliance on a few major clients[63]. - The company has initiated a new strategy focusing on sustainability and innovation to improve long-term profitability[147]. Financial Health and Cash Flow - The company's cash flow from operating activities was negative at -¥20,903,347.90, a decline of 203.77% compared to the previous year[30]. - The company's cash and cash equivalents decreased from ¥53,612,787.63 (8.91% of total assets) to ¥20,331,663.59 (3.32% of total assets), a reduction of 5.59%[47]. - The company's cash and cash equivalents decreased significantly to CNY 17.49 million from CNY 48.71 million, a decline of about 64.1%[124]. - The net cash flow from operating activities was negative at CNY -20,903,347.90, a decline from a positive CNY 20,143,582.68 in the first half of 2020[137]. - The total cash inflow from investment activities was CNY 104,064,167.66, up from CNY 74,191,489.82 in the previous year, indicating a growth of about 40.3%[138]. Risk Management - Risk management strategies have been outlined to address potential supply chain disruptions due to global market conditions[6]. - The company is facing risks related to raw material price fluctuations, particularly for PMMA and MS materials, and is taking measures to mitigate these risks[62]. Corporate Governance and Compliance - The semi-annual financial report has not been audited[80]. - The company has maintained its accounting policies for derivatives without significant changes compared to the previous reporting period[57]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that the financial statements reflect a true and complete picture of its financial status[161]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[73]. Shareholder Information - The total number of shares remains at 77,364,344, with no changes during the reporting period[103]. - The largest shareholder, Chen Ling, holds 29.77% of shares, totaling 23,032,193 shares[105]. - The second largest shareholder, Mei Tan, holds 27.40% of shares, totaling 21,196,327 shares[105]. Production and Operations - The company's main business involves the research, production, and sales of light guide plates, with a focus on customized solutions for clients[30]. - The company has established a modern factory with high standards of information technology and automation, becoming a leading manufacturer in the domestic large-size light guide plate market[32]. - The production capacity of the company ranks among the top in the domestic large-size light guide plate sector, benefiting from economies of scale[36]. Customer Base and Sales - The company has formed a stable customer base, including major clients like BOE, Xiaomi, and LG, which supports ongoing business growth[38]. - The company has a significant customer concentration risk, with sales to the top five customers accounting for 70.36% of total revenue during the reporting period[62]. Asset Management - The company's total assets at the end of the reporting period were ¥612,311,673.24, a 1.71% increase from the end of the previous year[30]. - The total liabilities of the company were reported at 836.3 million yuan, which is a 5% increase from the previous period[146]. - The total equity attributable to shareholders increased to CNY 424.21 million from CNY 373.87 million, reflecting a growth of approximately 13.4%[122].