证券代码：301237 证券简称：和顺科技 杭州和顺科技股份有限公司 投资者关系活动记录表 编号：2022-019 | --- | --- | --- | --- | --- | --- | --- | |-------------------|-----------------------------|---------------------------------|------------------------------------------------------------|-------|-------|-------| | | | | | | | | | | | √特定对象调研 □分析师会议 | | | | | | 投 资 者 关 系 活 | □新闻发布会 | □媒体采访 □业绩说明会 □路演活动 | | | | | | 动类别 | □现场参观 | | | | | | | | | □其他（请文字说明其他活动内容） | | | | | | 参 与 单 | | | | | | | | 位 名 称 | | | | | | | | 及 人 员 | 招商证券 姚姿宇 | | | | | | | 姓名 ...

证券代码：301237 证券简称：和顺科技 杭州和顺科技股份有限公司 投资者关系活动记录表 编号：2022-020 | --- | --- | --- | --- | |-------------|----------------------------------|------------------------------------------------|--------------------------------------------------------------| | | √特定对象调研 □分析师会议 | | | | 投资者 | □媒体采访 □业绩说明会 | | | | 关系活 | □新闻发布会 | □路演活动 | | | 动类别 | □现场参观 | | | | | □其他（请文字说明其他活动内容） | | | | 参与单 | 盛悦私募基金管理（海南）有限公司 | 江成欢 | 杜庆东 李樱 | | 位名称 | 北京鼎元创新资产管理有限公司 | 徐佳杰 | 张晨骁 吕娅萍 | | 及人员 | 海南瀛寰私募基金有限公司 | 吴敏 郭琛昊 | | | 姓名 | 杭州锐稳投资管理有限公司 | ...

Group 1: Company Overview - Hangzhou Heshun Technology Co., Ltd. was established in 2003 and focuses on differentiated, functional biaxially oriented polyester (BOPET) films [1] - The company integrates R&D, production, and sales of polyester films, producing various specifications and models based on customer needs [2] Group 2: Product Focus and Future Plans - Main products include colored optoelectronic base films, other functional films, and transparent films [2] - The company aims to expand its product range to include window films, solar backsheet films, flame-retardant films, and specialized films for battery cells [2] Group 3: Market Demand and Challenges - The demand for colored optoelectronic base films is expected to grow due to the rise of smart electronic products, including wearable devices and smart homes [2] - The company is prepared to manage raw material price fluctuations, which have been affected by international oil price changes [2] Group 4: Production Capacity and Market Impact - The new production capacity will not significantly impact the BOPET film market, as the downstream demand is in the millions of tons, and the company's new capacity is relatively small [2] - The company has conducted thorough market research to ensure that the new capacity can be smoothly absorbed by the market [2] Group 5: Optical Film Market Opportunities - There is a strong demand for domestic substitutes in the optical film market, which has historically relied on imports [2] - The company is actively positioning itself in the optical film market, focusing on ITO conductive films, OCA release films, PET films for polarizers, and backlight module films [2]

[Key Financial Data](index=2&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) [Key Accounting Data and Financial Indicators](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In Q3 2022 and year-to-date, the company experienced significant performance declines, with Q3 revenue down **37.36%** and net profit attributable to shareholders down **71.36%**, while total assets and equity grew substantially due to IPO proceeds Key Financial Indicators for Q3 2022 and Year-to-Date | Indicator | Current Period (Q3) | YoY Change (Current Period) | Year-to-Date (YTD) | YoY Change (YTD) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (RMB) | 102,891,381.02 | -37.36% | 413,860,911.09 | -12.06% | | Net Profit Attributable to Shareholders (RMB) | 8,095,947.86 | -71.36% | 58,683,719.69 | -41.53% | | Net Cash Flow from Operating Activities (RMB) | -- | -- | 23,958,498.66 | -44.60% | | Basic Earnings Per Share (RMB/share) | 0.1012 | -78.52% | 0.8002 | -52.16% | | **Asset Status** | **Current Period End** | **Prior Year End** | **Change from Prior Year End** | | | Total Assets (RMB) | 1,594,058,850.29 | 662,013,939.69 | 140.79% | | | Shareholders' Equity Attributable to Parent (RMB) | 1,493,149,175.47 | 472,390,521.68 | 216.08% | | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E9%9D%9E%E5%B8%B8%E6%80%A7%E6%8D%9F%E7%9B%8A%E9%A1%B9%E7%9B%AE%E5%92%8C%E9%87%91%E9%A2%9D) Year-to-date non-recurring gains and losses totaled **7.88 million RMB**, primarily from fair value changes of financial assets and government subsidies Year-to-Date Non-recurring Gains and Losses Items | Item | Year-to-Date Amount (RMB) | | :--- | :--- | | Government Subsidies | 3,590,600.03 | | Fair Value Change Gains/Losses and Investment Income from Trading Financial Assets/Liabilities | 5,682,208.33 | | Less: Income Tax Impact | 1,390,921.25 | | **Total** | **7,881,887.11** | [Analysis of Major Financial Data Changes and Reasons](index=3&type=section&id=%EF%BC%88%E4%B8%89%EF%BC%89%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Significant financial changes this period were driven by IPO proceeds, leading to multi-fold increases in cash, financial assets, and capital reserves, while revenue declined due to external factors and cash flow from financing surged Analysis of Major Balance Sheet Item Changes | Item | Change Rate | Reason for Change | | :--- | :--- | :--- | | Cash and Bank Balances | 524.86% | Primarily due to receipt of IPO proceeds | | Trading Financial Assets | Not Applicable | Primarily due to increased investment in wealth management products | | Construction in Progress | 248.25% | Primarily due to increased project investments | | Short-term Borrowings | -69.66% | Primarily due to loan repayments this period | | Capital Reserve | 882.01% | Primarily due to share premium from stock issuance this period | Analysis of Major Income Statement Item Changes (Year-to-Date) | Item | Change Rate | Reason for Change | | :--- | :--- | :--- | | Operating Revenue | -12.06% | Primarily due to power rationing in Q3 and reduced end-customer demand affected by the pandemic | | Financial Expenses | -283.45% | Primarily due to increased interest income from IPO proceeds received this period | | Other Income | 104.39% | Primarily due to increased government subsidies received this period | Analysis of Major Cash Flow Statement Item Changes (Year-to-Date) | Item | Change Rate | Reason for Change | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -44.60% | Primarily due to comprehensive changes in bank acceptance bills collected and accounts receivable this period | | Net Cash Flow from Investing Activities | 1305.66% | Primarily due to increased purchases of wealth management products and investments in the Renhe project | | Net Cash Flow from Financing Activities | -5346.30% | Primarily due to receipt of IPO proceeds this period | [Shareholder Information](index=4&type=section&id=%E4%BA%8C%E3%80%81%E8%82%A1%E4%B8%9C%E4%BF%A1%E6%81%AF) [Shareholder Ownership](index=4&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%20%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%92%8C%E8%A1%A8%E5%86%B3%E6%9D%83%E6%81%A2%E5%A4%8D%E7%9A%84%E4%BC%98%E5%85%88%E8%82%A1%E8%82%A1%E4%B8%9C%E6%95%B0%E9%87%8F%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) As of the reporting period, the company had **15,192** common shareholders, with highly concentrated ownership by the actual controllers and their affiliated entities, and all top ten shareholders hold restricted shares with no pledges - As of the reporting period, the company had a total of **15,192** common shareholders[13](index=13&type=chunk) - The company's actual controllers are Fan Heqiang, Zhang Jing, and their concerted action party Fan Shunhao, with Fan Heqiang and Zhang Jing also holding indirect stakes through Hangzhou Yihao Equity Investment Partnership[14](index=14&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Shareholding Percentage | Number of Shares Held | Number of Restricted Shares Held | | :--- | :--- | :--- | :--- | | Fan Heqiang | 23.56% | 18,850,000 | 18,850,000 | | Zhang Jing | 12.69% | 10,150,000 | 10,150,000 | | Fan Shunhao | 10.00% | 8,000,000 | 8,000,000 | | Hangzhou Yuanning Huixin Investment Partnership | 5.88% | 4,700,000 | 4,700,000 | | Hangzhou Yihao Equity Investment Partnership | 3.75% | 3,000,000 | 3,000,000 | | Hangzhou Guangfeng Qihuo Equity Investment Partnership | 3.75% | 3,000,000 | 3,000,000 | | Chen Wei | 2.50% | 2,000,000 | 2,000,000 | | Hangzhou Jintou Zhiye Venture Capital Partnership | 1.88% | 1,500,000 | 1,500,000 | | Hu Jiandong | 1.51% | 1,207,800 | 1,000,000 | | Tonglu Zefu Tongjun Equity Investment Fund Partnership | 1.25% | 1,000,000 | 1,000,000 | [Other Significant Matters](index=5&type=section&id=%E4%B8%89%E3%80%81%E5%85%B6%E4%BB%96%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) The company had no other significant matters requiring disclosure during the reporting period - The company had no other significant matters requiring disclosure in this reporting period[15](index=15&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=%E5%9B%9B%E3%80%81%E5%AD%A3%E5%BA%A6%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) [Financial Statements](index=5&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents the consolidated balance sheet as of September 30, 2022, and the year-to-date consolidated income and cash flow statements, indicating significant asset expansion from IPO but facing operational performance pressure [Consolidated Balance Sheet](index=5&type=section&id=1%E3%80%81%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) As of September 30, 2022, total assets reached **1.59 billion RMB**, up **140.79%** from year-end, and shareholders' equity grew **216.08%** to **1.49 billion RMB**, primarily due to IPO proceeds and optimized debt structure Key Consolidated Balance Sheet Items | Item | September 30, 2022 (RMB) | January 1, 2022 (RMB) | Change Rate | | :--- | :--- | :--- | :--- | | Cash and Bank Balances | 336,820,646.17 | 53,903,343.18 | 524.86% | | Trading Financial Assets | 455,682,208.33 | 0.00 | Not Applicable | | Total Assets | 1,594,058,850.29 | 662,013,939.69 | 140.79% | | Short-term Borrowings | 30,530,680.56 | 100,631,060.42 | -69.66% | | Total Liabilities | 100,909,674.82 | 189,623,418.01 | -46.78% | | Capital Reserve | 1,111,234,589.33 | 113,159,655.23 | 882.01% | | Total Shareholders' Equity Attributable to Parent | 1,493,149,175.47 | 472,390,521.68 | 216.08% | [Consolidated Income Statement (Year-to-Date)](index=7&type=section&id=2%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%AB%E5%88%A9%E6%B6%A6%E8%A1%A8) In the first three quarters of 2022, operating revenue decreased by **12.06%** to **413.86 million RMB**, and net profit attributable to parent company shareholders declined **41.53%** to **58.68 million RMB**, indicating weakened profitability Key Consolidated Income Statement Items (Year-to-Date) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 413,860,911.09 | 470,597,260.03 | -12.06% | | Operating Profit | 66,412,213.27 | 115,416,007.96 | -42.46% | | Total Profit | 66,402,213.27 | 115,418,662.83 | -42.47% | | Net Profit | 58,683,719.69 | 100,357,785.96 | -41.53% | | Net Profit Attributable to Parent Company Shareholders | 58,683,719.69 | 100,357,785.96 | -41.53% | | Basic Earnings Per Share | 0.8002 | 1.6726 | -52.16% | [Consolidated Cash Flow Statement (Year-to-Date)](index=9&type=section&id=3%E3%80%81%E5%90%88%E5%B9%B6%E5%B9%B4%E5%88%9D%E5%88%B0%E6%8A%A5%E5%91%8A%E6%9C%AB%E7%8E%B0%E9%87%91%E6%B5%81%E8%A1%A8) In the first three quarters of 2022, net cash from operating activities decreased by **44.60%** to **23.96 million RMB**, while investment activities saw a **630.91 million RMB** outflow, and financing activities generated an **891.97 million RMB** inflow from IPO proceeds Consolidated Cash Flow Statement Summary (Year-to-Date) | Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | YoY Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 23,958,498.66 | 43,248,113.27 | -44.60% | | Net Cash Flow from Investing Activities | -630,907,525.55 | -44,883,346.08 | -1305.66% | | Net Cash Flow from Financing Activities | 891,970,512.62 | -17,001,910.59 | 5346.30% | | Net Increase in Cash and Cash Equivalents | 285,046,822.19 | -18,666,370.28 | 1627.06% | [Audit Report](index=10&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The company's Q3 2022 report is unaudited - The company states its Q3 2022 financial report is unaudited[25](index=25&type=chunk)[26](index=26&type=chunk)

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。 杭州和顺科技股份有限公司 2022 年第三季度报告 证券代码：301237 证券简称：和顺科技 公告编号：2022-051 杭州和顺科技股份有限公司 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。 重要内容提示： 3.第三季度报告是否经过审计 □是否 1 杭州和顺科技股份有限公司 2022 年第三季度报告 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 | 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） | 102,891,381.02 | -37.36% | 41 ...

Financial Performance - The company's operating revenue for the reporting period was ¥310,969,530.07, representing a 1.51% increase compared to ¥306,347,579.69 in the same period last year[25]. - The net profit attributable to shareholders decreased by 29.83% to ¥50,587,771.83 from ¥72,092,925.43 year-on-year[25]. - The net profit after deducting non-recurring gains and losses fell by 35.48% to ¥45,759,311.95 from ¥70,922,408.44 in the previous year[25]. - The company's cash flow from operating activities turned negative at -¥25,345,844.63, a decline of 154.74% compared to ¥46,304,649.00 in the same period last year[25]. - Basic and diluted earnings per share decreased by 39.85% to ¥0.7227 from ¥1.2015 year-on-year[25]. - Total assets increased significantly by 142.80% to ¥1,607,391,383.48 from ¥662,013,939.69 at the end of the previous year[25]. - The net assets attributable to shareholders rose by 214.37% to ¥1,485,053,227.61 from ¥472,390,521.68 at the end of the previous year[25]. - The company reported a revenue of 1.5 billion RMB for the first half of 2022, representing a year-over-year increase of 20%[111]. - The company reported a significant increase in revenue for the first half of 2022, achieving a total of 500 million RMB, representing a 25% year-over-year growth[120]. Research and Development - Research and development investment rose by 6.50% to ¥11,073,706.75, indicating a continued focus on innovation[52]. - The company has obtained a total of 55 patents, enhancing its competitive edge in the polyester film sector[34]. - The company holds 55 patents, including 15 invention patents, showcasing its strong focus on technology research and product innovation[44]. - Research and development expenses increased by 30% to 200 million RMB, focusing on new technology innovations[114]. - The company is investing 30 million in R&D for new technologies aimed at enhancing product efficiency[119]. - Research and development investments have increased by 30%, focusing on artificial intelligence and machine learning technologies[145]. Market and Product Development - The company focuses on differentiated, functional BOPET film production, catering to various industrial applications including electronics and packaging[34]. - The polyester film industry in China has seen rapid development due to increased policy support and rising domestic demand[33]. - The company plans to expand its product line to include optical film base materials, enhancing its functional film product series[45]. - The company reported a significant growth in the automotive sector, with new energy vehicle sales reaching 2.66 million units in the first half of 2022, a year-on-year increase of 118.2%[41]. - The solar energy sector saw a 25.8% year-on-year growth in solar power generation capacity, reaching approximately 340 million kilowatts by June 2022[42]. - The company has developed a diverse range of polyester films, including colored, transparent, and functional films, with a total of 8 color series available for various applications[35]. - The company aims to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2023[126]. - A strategic acquisition of a local tech firm is anticipated to enhance the company's product offerings and customer base[112]. Operational Risks and Compliance - The company faces various operational risks, which are detailed in the report, along with corresponding mitigation strategies[4]. - The report emphasizes the importance of accurate and complete financial reporting, with all board members present for the meeting[4]. - The report outlines the company's commitment to transparency and compliance with relevant laws and regulations[4]. - The company has passed ISO9001:2015 and ISO14001:2015 certifications, ensuring product quality and stability[49]. - The company is committed to fulfilling its social responsibilities and environmental obligations[98]. - The company has implemented measures to reduce carbon emissions, including the treatment of wastewater and recycling of cooling water[99]. - The company emphasizes legal compliance and corporate governance, enhancing its internal control systems and ensuring timely information disclosure[103]. Shareholder and Governance Matters - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The company did not distribute cash dividends or issue bonus shares for the first half of 2022[95]. - The company has committed to publicly explaining any failure to implement stock price stabilization measures and apologizing to shareholders[135]. - The company will stop distributing dividends and allowances for ten trading days if stabilization measures are not taken[135]. - The company will initiate a share buyback program within five working days after confirmation from regulatory authorities if any fraudulent issuance behavior is identified[155]. - The company will ensure compliance with relevant laws and regulations in managing and using raised funds[138]. - The company has committed to fulfilling all public commitments made during the issuance and listing process[161]. Customer and Market Engagement - The company has established stable partnerships with well-known clients, including Apple, Samsung, and Huawei, enhancing its customer base[50]. - The company has implemented a customer-oriented business model, focusing on the diverse needs of different industry clients to drive product innovation[43]. - The company conducted multiple investor communications, including a performance briefing on May 10, 2022[90]. - The company engaged in discussions about future development and operational status with various institutional investors[90]. - The company is focused on maintaining transparency and providing updates on its operational performance[90]. Financial Management and Investments - The total amount of funds raised by Hangzhou Heshun Technology Co., Ltd. was RMB 1,133,800,000, with a net amount of RMB 1,018,074,934 after deducting issuance costs[70]. - The company has committed to invest RMB 614,787,600 in various projects, with RMB 258,435,300 already allocated[73]. - The company reported a net increase in cash and cash equivalents of 5,268.51%, reaching ¥295,743,469.84, mainly due to funds raised from financing activities[52]. - The company will strengthen the management of raised funds to prevent usage risks, ensuring funds are used specifically for their intended purposes[138]. - The company will implement a special account storage system for raised funds to facilitate management and supervision[137]. Environmental and Social Responsibility - The company has established a dedicated safety management department to oversee safety production and conduct regular risk assessments[107]. - The company has adopted low-noise equipment and maintenance practices to minimize noise pollution from production lines[100]. - Solid waste, including packaging materials and organic solvents, is collected and disposed of by qualified units, contributing to recycling efforts[102]. - Environmental protection is prioritized, with strict adherence to national regulations for wastewater and air emissions management[106].

Financial Performance - The company's revenue for Q1 2022 was CNY 167,040,864.35, representing a 13.41% increase compared to CNY 147,294,985.32 in the same period last year[3] - Net profit attributable to shareholders decreased by 21.61% to CNY 29,356,177.86 from CNY 37,450,683.49 year-on-year[3] - The basic earnings per share decreased by 20.97% to CNY 0.49 from CNY 0.62 in the same period last year[3] - Total operating costs for Q1 2022 were ¥131,476,089.05, up 28.5% from ¥102,292,286.44 in the same period last year[19] - Net profit for Q1 2022 was ¥29,356,177.86, a decrease of 21.6% from ¥37,450,683.49 in Q1 2021[20] Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -12,155,804.09, a decline of 224.57% compared to CNY 9,758,300.94 in the previous year[3] - Total cash outflow from operating activities was 60,060,381.50 yuan, down from 79,162,170.89 yuan in the previous year[21] - The company’s net increase in cash and cash equivalents for the period was 994,277,873.72 yuan, compared to a decrease of -11,672,679.60 yuan in the same period last year[22] - The company's cash and cash equivalents rose significantly by 1844.56% to CNY 1,048,181,216.90 due to funds received from fundraising activities[6] - Cash and cash equivalents at the end of the period totaled 1,045,383,716.90 yuan, up from 30,120,269.46 yuan at the end of the previous year[22] Assets and Liabilities - Total assets increased by 161.80% to CNY 1,733,161,026.10 from CNY 662,013,939.69 at the end of the previous year[3] - Current assets totaled ¥1,342,376,958.11, compared to ¥281,841,379.75 at the start of the year, indicating a substantial increase[17] - The total liabilities increased to ¥213,339,392.46 from ¥189,623,418.01, reflecting a rise in financial obligations[18] - The equity attributable to shareholders reached ¥1,519,821,633.64, up from ¥472,390,521.68 at the beginning of the year[18] Shareholder Information - The largest shareholder, Fan Heqiang, holds 18,850,000 restricted shares, which will be released on September 23, 2025[12] - The second-largest shareholder, Zhang Jing, holds 10,150,000 restricted shares, also set to be released on September 23, 2025[12] - The total number of restricted shares at the end of the reporting period is 61,032,387 shares[14] - The company has a total of 4,669,982 restricted shares held by Hangzhou Yuanning Huixin Investment Partnership, with a release date of March 23, 2023[12] - There are no changes in the number of restricted shares for the top shareholders during this reporting period[12] Government Support and Other Income - The company received government subsidies amounting to CNY 680,766.68, which contributed to a 96.82% increase in other income[6] Future Plans and Developments - The company plans to continue expanding its projects, particularly in the Renhe project, which is currently under construction[6] - The company has not reported any new product launches or technological developments in this quarter[13] - The company has not announced any market expansion or acquisition strategies in the current report[13] Financial Management - The company reported a financial income of ¥1,036,768.08 in Q1 2022, compared to ¥75,903.02 in the previous year, indicating improved financial management[19] - The weighted average return on equity fell to 6.03%, down 4.16% from 10.19% year-on-year[3] - Research and development expenses for Q1 2022 were ¥4,833,441.01, slightly down from ¥5,461,463.44 in Q1 2021[19] Stock Market Information - The company’s stock is currently listed on the Shenzhen Stock Exchange since March 23, 2022[15]

Financial Performance - The company achieved a total revenue of 639.62 million yuan in 2021, representing a year-on-year growth of 69.66%[83]. - The net profit attributable to shareholders reached 123.70 million yuan, an increase of 66.76% compared to the previous year[83]. - The company's operating revenue for 2021 was RMB 639,623,765.21, representing a 69.66% increase compared to RMB 377,008,501.40 in 2020[20]. - The net profit attributable to shareholders for 2021 was RMB 123,695,380.69, a 66.76% increase from RMB 74,174,387.49 in 2020[20]. - The net cash flow from operating activities was RMB 83,800,048.09, reflecting a 66.08% increase from RMB 50,458,987.19 in 2020[20]. - The total assets at the end of 2021 amounted to RMB 662,013,939.69, a 24.08% increase from RMB 533,552,984.39 at the end of 2020[21]. - The net assets attributable to shareholders increased by 35.47% to RMB 472,390,521.68 from RMB 348,695,140.99 in 2020[21]. - The basic earnings per share for 2021 was RMB 2.06, a 66.13% increase from RMB 1.24 in 2020[20]. - The weighted average return on equity for 2021 was 30.13%, up from 23.80% in 2020[20]. - The gross profit margin for the polyester film business was 31.90%, a decrease of 1.65% from the previous year[90]. Dividend Distribution - The company plans to distribute a cash dividend of 7.00 CNY per 10 shares (including tax) based on a total share capital of 80 million shares[5]. - The company reported a cash dividend of 56,000,000 CNY, which is 19.13% of the total distributable profit of 292,738,104.99 CNY[176]. - The company plans to distribute a cash dividend of ¥7 per 10 shares, totaling ¥56 million, subject to shareholder approval[179]. Market Strategy and Product Development - The company has a comprehensive strategy for market expansion and product development, focusing on polyester films and related technologies[12]. - The company is actively involved in research and development of new products, particularly in the polyester film sector[12]. - The company aims to enhance its production efficiency and reduce energy consumption through integrated manufacturing processes for multifunctional films[42]. - The company is focusing on developing differentiated products to meet the growing demand for functional polyester films in various applications[37]. - The company plans to expand its product line to include optical film base materials, enhancing its functional film product series[75]. - The company aims to improve the proportion of high-tech, high-value-added products in its sales mix by strengthening its marketing team and enhancing sales management[115]. Governance and Compliance - The company has established a solid governance structure with all board members present for the report's approval[5]. - The company is committed to maintaining the accuracy and completeness of its financial reports, as stated by its management[4]. - The company has established a comprehensive internal control system to effectively mitigate operational risks and ensure compliance with regulations[180]. - The company strictly complies with information disclosure regulations, providing accurate and timely information to stakeholders[136]. - The board of directors operates with strict adherence to legal and regulatory requirements, ensuring transparency and accountability in decision-making[132]. Research and Development - The company has a strong R&D capability, collaborating with universities to enhance its product innovation and development[75]. - The company has obtained dozens of patents, showcasing its strong product research and development capabilities[45]. - The company has implemented a comprehensive R&D management system to ensure efficient and stable technological development, allowing for proactive technology reserves[69]. - The company's R&D investment in 2021 amounted to ¥23,455,575.55, representing 3.67% of operating revenue, a decrease from 4.08% in 2020[99]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[5]. - The company has outlined its approach to addressing potential risks and challenges in the market[5]. - The company recognizes that raw material costs account for over 50% of its main business costs, making it vulnerable to price fluctuations in polyester chips, which are influenced by crude oil prices[119]. - The company faces risks from intensified market competition, particularly from foreign manufacturers with technological advantages in the high-end sector of the polyester film industry[120]. Customer and Supplier Relations - The company has established good cooperative relationships with downstream customers, leading to widespread recognition of its products both domestically and internationally[38]. - The company has established a rigorous supplier management system, assessing suppliers based on product quality, delivery cycles, credit qualifications, and service performance, ensuring a stable long-term partnership with quality suppliers[65]. - The company primarily sells domestically, with exports to countries like South Korea and Vietnam, and has dedicated teams for domestic and international market development[68]. Employee and Management - The total number of employees at the end of the reporting period was 361, with 78 in the parent company and 283 in major subsidiaries[171]. - The company has established a competitive salary structure aiming to position overall salary levels at the 50th percentile of the market[173]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 7.1495 million[160]. - The company has a performance evaluation system in place to support employee development and growth[193]. Environmental Responsibility - The company has focused on environmental protection measures, achieving no incidents of environmental pollution[195]. - The company has implemented measures to reduce carbon emissions, including wastewater treatment and noise reduction strategies[187][188]. - The company has not faced any environmental penalties and does not fall under the category of key pollutant discharge units[186].