Financial Performance - The company's revenue for Q1 2022 reached ¥191,604,019.27, representing a 126.88% increase compared to ¥84,450,206.68 in the same period last year[4] - Net profit attributable to shareholders was ¥101,128,624.04, up 147.81% from ¥40,808,610.27 year-on-year[4] - Basic earnings per share increased to ¥1.68, an 86.67% rise from ¥0.90 in the same period last year[4] - Total operating revenue reached ¥191.60 million, a significant increase from ¥84.45 million in the previous period, representing a growth of 126.6%[24] - Net profit for the period was ¥101.13 million, compared to ¥40.81 million in the same period last year, marking an increase of 147.5%[24] - Operating profit was ¥118.76 million, compared to ¥47.70 million in the previous period, indicating a growth of 148.5%[24] - The company reported a total comprehensive income of ¥100.58 million, compared to ¥40.55 million in the previous period, an increase of 147.5%[27] Cash Flow and Operating Activities - The net cash flow from operating activities was ¥84,984,042.29, reflecting a 167.26% increase from ¥31,798,434.82 in the previous year[4] - Cash flow from operating activities generated ¥84.98 million, a substantial increase from ¥31.80 million in the prior year, representing a growth of 167.0%[28] - Cash and cash equivalents at the end of the period totaled ¥169.58 million, compared to ¥34.31 million at the end of the previous period, indicating a growth of 393.5%[31] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,490,871,928.86, a 4.73% increase from ¥1,423,536,775.26 at the end of the previous year[4] - The total assets of Henan Province Power Diamond Co., Ltd. reached CNY 1,490,871,928.86 at the end of the first quarter, an increase from CNY 1,423,536,775.26 at the beginning of the year[17] - Total liabilities decreased to CNY 431,973,328.43 from CNY 465,218,405.55, a reduction of about 7.1%[21] - The total current liabilities amounted to CNY 317,988,243.54, down from CNY 354,424,847.57, a decrease of approximately 10.3%[21] Equity and Retained Earnings - The total equity attributable to shareholders increased by 10.50% to ¥1,058,898,600.43 from ¥958,318,369.71 at the end of the previous year[4] - The company's equity attributable to shareholders increased to CNY 1,058,898,600.43 from CNY 958,318,369.71, reflecting a growth of approximately 10.5%[21] - The company reported a net profit increase, with retained earnings rising to CNY 587,668,701.05 from CNY 486,540,077.01, an increase of about 20.7%[21] Research and Development - Research and development expenses surged to ¥10,623,210.58, marking a 197.68% increase compared to ¥3,568,663.73 in the previous year[10] - Research and development expenses increased to ¥10.62 million, up from ¥3.57 million, reflecting a growth of 197.2%[24] Investment Income and Government Subsidies - The company reported a significant increase in investment income, reaching ¥1,489,001.65, a 5660.89% rise from ¥25,846.71 year-on-year[10] - The company received government subsidies amounting to ¥3,108,473.71, which is an 87.60% increase from ¥1,656,930.47 in the same period last year[10] - The company received ¥255.50 million related to investment activities, a significant increase from ¥14.00 million in the previous period[28] Inventory and Receivables - Accounts receivable increased to CNY 76,037,665.05 from CNY 60,965,955.34, representing a growth of about 24.5%[17] - Inventory levels rose to CNY 140,038,891.10, compared to CNY 129,812,037.99 at the start of the year, indicating an increase of approximately 7.5%[17] Contract Liabilities - The company experienced a 64.65% increase in contract liabilities, totaling ¥40,344,177.17, compared to ¥24,502,302.89 in the previous year[7]

Financial Performance - The company's operating revenue for 2021 was ¥498,351,912.87, representing a 103.50% increase compared to ¥244,887,635.55 in 2020 [25]. - The net profit attributable to shareholders for 2021 was ¥239,555,305.78, a significant increase of 228.17% from ¥72,996,768.54 in 2020 [25]. - The net cash flow from operating activities reached ¥288,076,548.61, up 187.47% from ¥100,212,230.08 in the previous year [25]. - The basic earnings per share for 2021 was ¥4.88, reflecting a 203.11% increase compared to ¥1.610 in 2020 [25]. - The total assets of the company at the end of 2021 amounted to ¥1,423,536,775.26, a 79.06% increase from ¥794,995,445.97 in 2020 [25]. - The net assets attributable to shareholders increased to ¥958,318,369.71, up 115.24% from ¥445,235,764.70 in 2020 [25]. - The company reported a quarterly revenue of ¥157,409,857.58 in Q4 2021, with a net profit of ¥78,487,757.95 for the same period [26]. - The company received government subsidies amounting to ¥12,115,369.09 in 2021, compared to ¥6,849,904.04 in 2020 [29]. - The company achieved a revenue of 498.35 million CNY in the reporting period, representing a 103.50% increase year-over-year [43]. - The net profit attributable to shareholders reached 239.56 million CNY, a significant growth of 228.17% compared to the previous year [43]. Research and Development - The company is committed to research and development in synthetic diamond technology to maintain competitive advantage [18]. - The company has a total of 46 authorized patents, including 8 invention patents, showcasing its strong R&D capabilities [48]. - The company has established a comprehensive R&D system focused on core technologies such as synthetic diamond materials and diamond micro-powder preparation, driven by market demand and industry trends [54]. - The company has focused on R&D investments, ensuring a robust technological reserve to meet market demands [45]. - The company plans to increase R&D investment to enhance innovation capabilities, including establishing a research center and improving product testing capabilities [132]. Market Position and Strategy - The company is positioned in a rapidly growing sector, benefiting from favorable policies and market conditions in the synthetic diamond industry [37]. - The diamond industry in China has seen significant growth, with the country producing 90% of the world's diamond single crystals, supported by strong national policies [37]. - The cultivated diamond market is experiencing rapid growth, driven by increased recognition from major certification bodies and retail brands [49]. - The company is focusing on the development of large cavity six-sided top pressure machines to enhance production efficiency and reduce costs, aiming to improve diamond synthesis quality [76]. - The company is expanding its overseas market presence, with a growing proportion of sales revenue from foreign currency transactions [145]. Production and Operations - The company expanded its production capacity significantly in 2021, supporting steady revenue growth amid rising market demand [48]. - The production process includes a dual-stage configuration for synthetic equipment, allowing flexibility in producing both diamond single crystals and cultivated diamonds based on market needs [57]. - The company employs a direct sales model, ensuring accurate and rapid communication of customer needs, which facilitates timely product delivery [63]. - The procurement strategy involves small-batch purchases from qualified suppliers, ensuring a stable supply of raw materials like diamond single crystals and graphite powder [58]. - The company has established two specialized laboratories for diamond synthesis and functional diamond products, supporting its focus on technological innovation [68]. Financial Management and Governance - The company emphasizes the importance of accurate financial reporting and has ensured compliance with relevant regulations [4]. - The company's financial statements have been audited and verified for accuracy by a registered accounting firm [11]. - The company maintains a complete business system and operates independently from its controlling shareholder, ensuring no interference in decision-making [158]. - The company has established an independent financial department with a complete financial accounting system, allowing for independent financial decision-making [159]. - The company adheres to information disclosure obligations, ensuring transparency and fairness in communication with investors [154]. Risk Management - The company has outlined potential risks in its future operations and corresponding mitigation strategies in the management discussion section [4]. - There is a risk of project investment not meeting expected benefits due to market changes or unforeseen factors, which could adversely affect operations [138]. - The company faces financial risks due to ongoing construction projects and an uncertain domestic financing environment [140]. - The overall product prices have risen due to high demand, but there is a risk of price decline as competition increases [141]. Employee and Talent Development - The total number of employees at the end of the reporting period is 426, with 345 in the parent company and 81 in major subsidiaries [195]. - The company has developed a comprehensive training management system, focusing on leadership training and skills enhancement for employees [200]. - A performance evaluation system has been established to motivate employees and align business goals, ensuring shared benefits from the company's growth [196]. - Talent development will be prioritized, with a focus on attracting and nurturing industry talent to strengthen team capabilities [135]. Shareholder Engagement - The company held 3 shareholder meetings during the reporting period, with all resolutions passed legally and effectively [151]. - The board of directors convened 7 meetings, ensuring compliance with relevant laws and regulations [152]. - The company approved the proposal to renew the audit institution for the 2021 fiscal year [164]. - The company has not implemented any measures that could harm the legal rights of investors during the reporting period [165].

Financial Performance - The company's total revenue for the year was not explicitly stated in the provided documents, but it emphasizes the importance of financial accuracy and completeness in its reporting [4]. - The company's operating revenue for 2021 was ¥498,351,912.87, representing a 103.50% increase compared to ¥244,887,635.55 in 2020 [24]. - The net profit attributable to shareholders for 2021 was ¥239,555,305.78, a significant increase of 228.17% from ¥72,996,768.54 in 2020 [24]. - The net profit after deducting non-recurring gains and losses was ¥229,156,371.59, up 241.21% from ¥67,159,566.95 in 2020 [24]. - The basic earnings per share for 2021 was ¥4.88, which is a 203.11% increase compared to ¥1.610 in 2020 [24]. - The total assets at the end of 2021 were ¥1,423,536,775.26, reflecting a 79.06% increase from ¥794,995,445.97 at the end of 2020 [24]. - The net assets attributable to shareholders at the end of 2021 were ¥958,318,369.71, an increase of 115.24% from ¥445,235,764.70 at the end of 2020 [24]. - The net cash flow from operating activities for 2021 was ¥288,076,548.61, a 187.47% increase from ¥100,212,230.08 in 2020 [24]. - The company achieved a revenue of 498.35 million CNY in 2021, representing a 103.50% increase year-over-year [40]. - The revenue from cultivated diamonds reached ¥197,201,331.19, showing a significant growth of 428.11% from ¥37,340,984.35 in the previous year [80]. - The company's total operating costs increased by 29.14% to 179,056,105.96 CNY, driven by higher material and manufacturing costs [86]. Dividend Distribution - The company reported a cash dividend of 10.00 per 10 shares to all shareholders, with no bonus shares issued [5]. - The total distributable profit for the period is 486,540,077.01 RMB, with the cash dividend accounting for 100.00% of the profit distribution [195]. - The company plans to distribute a cash dividend of 10.00 RMB per 10 shares, totaling 60,371,980.00 RMB, with a capital reserve increase of 10 shares for every 10 shares held [195]. Research and Development - The company is focused on the research and development of synthetic diamonds, aiming to enhance production efficiency and product quality [18]. - The company has developed the capability to produce high-grade synthetic diamonds ranging from 2 to 10 carats, with ongoing research for larger sizes exceeding 30 carats [44]. - The company holds 46 authorized patents, including 8 invention patents, showcasing its strong R&D capabilities [44]. - Research and development expenses surged by 166.34% to 26,554,013.74 CNY, reflecting the company's commitment to innovation and new product development [90]. - The number of R&D personnel increased by 22.50% to 49 in 2021, while the proportion of R&D personnel to total staff slightly decreased to 11.50% [96]. - The company has committed to focusing on research and development of synthetic diamond products, including diamond single crystals and micro-powder technologies [115]. Market Position and Strategy - The company plans to expand its market presence by increasing production capacity and exploring new sales channels [18]. - The company is positioned in a rapidly growing sector, benefiting from favorable policies and market opportunities in the synthetic diamond industry [36]. - The cultivated diamond market is experiencing rapid growth, with significant contributions from top retail brands and a shift in consumer preferences towards more affordable options [41]. - The company has established a leading position in the market for special diamond products, including IC chip ultra-precision processing diamonds, with significant recognition from major clients [74]. - The company plans to enhance its competitive advantage by introducing new large cavity six-sided presses and strengthening the R&D of synthesis technology [71]. - The company aims to enhance its technological capabilities and product quality through innovation and management improvements, targeting sustainable growth [116]. Risk Management - The company has identified potential risks in its operations and outlined corresponding mitigation strategies in its future outlook [4]. - The company faces market competition risks due to the rapid growth of the superhard materials industry, which may impact performance if macroeconomic conditions change [122]. - The company acknowledges the risk of investment projects not achieving expected benefits due to market changes or unforeseen circumstances [125]. - The company is exposed to financial risks due to ongoing construction projects and uncertainties in the domestic financing environment [127]. - The company has established a risk management mechanism to monitor and optimize the foreign currency asset-liability structure to mitigate exchange rate fluctuations [132]. Corporate Governance - The company is committed to maintaining transparency and has ensured that all board members attended the meeting to review the annual report [4]. - The company emphasizes its commitment to corporate governance and compliance with regulatory requirements [4]. - The company’s governance structure has improved, ensuring independence from the controlling shareholder and actual controller [138]. - The company has established an independent financial department with a complete financial accounting system, making independent financial decisions [148]. - The company respects and protects the legitimate rights and interests of stakeholders, actively cooperating and communicating with customers, employees, shareholders, and society [140]. - The company has a clear policy for evaluating the performance of its directors and senior management annually [169]. Production and Operations - The company has established a comprehensive R&D system focused on core technologies such as synthetic diamond production and micro-powder preparation, driven by market demand and industry trends [49]. - The production model combines sales forecasting, order-driven production, and moderate inventory, ensuring alignment with market demand and customer orders [51]. - The company has established advanced production equipment and technology, which are crucial for maintaining product quality and production efficiency in diamond synthesis [69]. - The company expanded its production capacity in 2021, supporting steady revenue growth amid rising market demand for industrial diamonds [41]. - The production efficiency of the φ 800 forging equipment is reported to be 400-500 carats, significantly higher than other models [70]. Employee and Management - The company has a total of 426 employees, with 309 in production, 18 in sales, 49 in technology, 12 in finance, and 38 in administration [187]. - The educational background of employees shows that 25 hold a bachelor's degree or higher, 58 have an associate degree, and 343 have education below an associate degree [187]. - The management team has been stable, with most members serving in their roles for several years, ensuring continuity in leadership [168]. - The company has a structured remuneration plan that requires approval from the board and shareholders [169]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 2.3963 million [170]. Investor Relations - The company has a dedicated investor relations team to facilitate communication with shareholders and stakeholders [20]. - The company’s website provides additional resources and information for investors and interested parties [19]. - The company is actively engaging with investors to discuss production capacity adjustments and future development plans [133].

Revenue and Profitability - Revenue for Q3 2021 reached ¥125,881,874.86, an increase of 81.13% compared to the same period last year[3] - Net profit attributable to shareholders was ¥53,068,780.23, representing a 193.55% increase year-over-year[3] - The net profit after deducting non-recurring gains and losses was ¥51,289,108.43, up 174.70% from the previous year[3] - Basic earnings per share for Q3 2021 were ¥1.17, reflecting a 193.55% increase year-over-year[3] - Total operating revenue for the current period reached ¥344,086,313.16, a significant increase from ¥166,312,159.23 in the previous period, representing a growth of approximately 106.5%[24] - Net profit for the current period was ¥161,067,547.83, compared to ¥43,389,781.72 in the previous period, indicating an increase of about 270.5%[27] - Basic and diluted earnings per share for the current period were both ¥3.56, compared to ¥0.96 in the previous period, indicating a growth of approximately 270.8%[30] - The total comprehensive income for the current period was ¥161,130,587.04, compared to ¥43,391,070.73 in the previous period, reflecting an increase of about 270.5%[27] Assets and Liabilities - Total assets as of the end of Q3 2021 amounted to ¥1,387,026,753.88, a 74.47% increase from the end of the previous year[3] - The company's total current assets as of September 30, 2021, is approximately ¥753.15 million, a significant increase from ¥375.97 million at the end of 2020, representing a growth of 100%[17] - The total assets of the company reached approximately ¥1.39 billion, up from ¥794.99 million year-over-year, indicating a growth of 74.5%[20] - The company's total liabilities increased to approximately ¥507.08 million from ¥349.76 million, reflecting a rise of 45%[20] - Total liabilities amounted to ¥507,077,621.01, compared to ¥349,759,681.27 in the previous period, showing an increase of approximately 45%[23] - The total liabilities rose from 349,759,681.27 to 356,185,314.89, reflecting an increase in the company's obligations[39] Cash Flow - Cash flow from operating activities for the year-to-date was ¥128,047,951.02, an increase of 165.18% compared to the same period last year[3] - The company reported a net cash flow from operating activities of ¥128,047,951.02, up from ¥48,287,109.88 in the previous period, reflecting a growth of approximately 165.5%[30] - The net cash flow from financing activities was ¥326,795,238.74, a substantial increase of 1874.70% due to funds raised from the public offering of shares[9] - The net cash flow from financing activities was 326,795,238.74, contrasting with -18,414,092.89 from the previous period, showcasing improved financial health[33] - The net cash flow from investing activities was -203,539,031.52, a significant decrease compared to -41,360,502.79 from the previous period, indicating increased investment outflows[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,583, with the top 10 shareholders holding a combined 66.05% of shares[11] - The largest shareholder, Shao Zengming, holds 39.83% of shares, amounting to 24,047,916 shares[11] - The company reported a significant increase in total equity attributable to shareholders, reaching ¥879,949,132.87, a 97.64% increase from the previous year[6] - Total equity attributable to shareholders reached ¥445,235,764.70, indicating a stable financial position[42] - Unallocated profits amounted to ¥254,531,268.73, reflecting retained earnings for future investments[42] Research and Development - Research and development expenses increased by 132.93% to ¥16,622,911.83, driven by higher investment in R&D projects[9] - Research and development expenses increased to ¥16,622,911.83 from ¥7,136,320.56, marking a rise of about 133.5%[24] Other Financial Metrics - The company reported a significant increase in other income to ¥5,090,601.10 from ¥4,841,065.24, reflecting a growth of about 5.1%[27] - The total operating costs for the current period were ¥160,553,520.71, compared to ¥117,847,296.22 in the previous period, which is an increase of approximately 36.2%[24] - The company reported a decrease in accounts receivable from ¥60.06 million to ¥53.43 million, a decline of 11%[17] - The company's inventory as of September 30, 2021, is approximately ¥120.36 million, an increase from ¥97.12 million, representing a growth of 24%[17] - The company has a total non-current asset value of approximately ¥633.88 million, up from ¥419.02 million, indicating a growth of 51%[20] - The company’s long-term borrowings stand at approximately ¥44.94 million, reflecting an increase from previous periods[20] Audit and Reliability - The third quarter report was not audited, which may impact the reliability of the financial data presented[43]