NCIC(SZ:002246)2024-08-27 12:11Financial Performance - The company's operating revenue for the first half of 2024 was ¥913,488,005.07, a decrease of 6.01% compared to ¥971,872,267.66 in the same period last year[13]. - The net profit attributable to shareholders was ¥34,662,711.54, down 19.10% from ¥42,846,464.89 year-on-year[13]. - The net profit from non-recurring gains and losses was ¥4,771,608.58, reflecting a significant decline of 80.06% compared to ¥23,927,173.81 in the previous year[13]. - Basic and diluted earnings per share were both ¥0.06, representing a decrease of 25.00% from ¥0.08 in the previous year[13]. - The weighted average return on net assets was 1.20%, down from 1.49% year-on-year, a decrease of 0.29%[13]. - The company's total revenue for the reporting period was approximately ¥913.49 million, a decrease of 6.01% compared to ¥971.87 million in the same period last year[33]. - The cost of goods sold decreased by 10.54% to ¥690.86 million from ¥772.27 million year-on-year[33]. - Research and development investment increased by 22.44% to ¥46.36 million, compared to ¥37.87 million in the previous year[33]. - The company's financial expenses decreased by 26.60% to -¥14.11 million from -¥19.23 million year-on-year[33]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan for the first half of 2024, representing a 20% year-over-year growth[70]. Cash Flow and Investments - The net cash flow from operating activities improved to -¥44,407,878.84, an 80.33% increase from -¥225,712,130.85 in the same period last year[13]. - The company's operating cash flow for the first half of 2024 was negative at -44,407,878.84 CNY, an improvement from -225,712,130.85 CNY in the same period of 2023, indicating a significant reduction in cash outflow[121]. - Investment activities generated a net cash outflow of -254,573,950.17 CNY in the first half of 2024, compared to a net inflow of 215,713,639.76 CNY in the same period of 2023[122]. - The company reported a significant decrease in cash inflow from investment activities, which fell to 248,259,818.98 CNY in 2024 from 474,604,001.17 CNY in 2023, a decline of approximately 47.8%[122]. - The company has reported a commitment to not engage in any business that directly or indirectly competes with the listed company, ensuring compliance with relevant regulations and agreements[72]. Market and Product Development - The company aims to expand its market presence in the active carbon sector by increasing project bids and enhancing after-sales services[19]. - The special industrial pump sector is expected to benefit from increased demand in mining and metallurgy, with a focus on upgrading existing equipment and expanding into foreign markets[20]. - The company is positioned as a leading supplier in the nitrocellulose market, serving over 50 countries and regions globally[18]. - The company has established a multi-business structure, focusing on cellulose, active carbon, and special industrial pumps[18]. - The company plans to enhance its digital platforms and data centers to improve core competitiveness, including the addition of industrial protective boots and special packaging materials based on future market demand[51]. - The company is considering strategic acquisitions to enhance its product portfolio, with a target of completing at least one acquisition by the end of 2024[70]. Environmental Compliance - The company has a total pollutant discharge of 66.98 tons for chemical oxygen demand, which is below the limit of 150 mg/L as per the relevant standards[61]. - The sulfur dioxide emissions from the company are recorded at 0.0843 tons, significantly below the limit of 400 mg/m³[61]. - Nitrogen oxides emissions are reported at 10.665 tons, which is also within the permissible limit of 1400 mg/m³[61]. - The company maintains compliance with various environmental protection laws, including the Air Pollution Prevention and Control Law and the Water Pollution Prevention and Control Law[60]. - The company has reported no exceedances in pollutant emissions across its subsidiaries[61]. - The company invested 9.22 million yuan in environmental protection expenses in the first half of 2024[64]. Governance and Compliance - The company has established a budget analysis mechanism to enhance financial control and risk management, ensuring compliance with legal regulations[29]. - The company is committed to deepening reforms and improving governance efficiency, with a focus on optimizing its institutional framework[29]. - The company guarantees that it will not seek any benefits beyond those stipulated in the agreements with the listed company, ensuring the protection of shareholders' rights[72]. - The company has established a governance structure with independent operational management and financial departments[74]. - The company has committed to maintaining compliance with all regulatory requirements, ensuring no legal issues arise from its operations[71]. Research and Development - The company is investing heavily in R&D, with a budget allocation of 200 million yuan for new technology development in 2024[70]. - The company has signed contracts with 3 PhDs and 52 Masters to strengthen talent acquisition and retention, enhancing its human resource capabilities[29]. - The company is focusing on innovation by developing technical plans for nitrocellulose and chemical defense equipment, and establishing partnerships with universities and research institutions[28]. Shareholder Information - The total number of shares outstanding is 549,034,794, with 100% being unrestricted shares[100]. - The largest shareholder, Shanxi Xinhua Protective Equipment Co., Ltd., holds 18.06% of the shares, totaling 99,138,233 shares[102]. - The company held a temporary shareholders' meeting on April 1, 2024, with an investor participation rate of 48.87%[57]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[59].