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]