TDG(SH:600330)2021-08-17 16:00Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,837,035,415.11, representing a 30.39% increase compared to ¥1,408,856,475.85 in the same period last year[24]. - Net profit attributable to shareholders of the listed company was ¥223,669,786.81, a 5.66% increase from ¥211,683,732.28 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥140,013,769.41, showing a significant increase of 96.90% compared to ¥71,108,326.12 in the same period last year[24]. - The net cash flow from operating activities was ¥108,328,906.41, a remarkable turnaround from a negative cash flow of -¥75,010,923.96 in the previous year, marking a 244.42% increase[24]. - Basic earnings per share for the first half of 2021 were ¥0.228, a 6.05% increase from ¥0.215 in the same period last year[26]. - The diluted earnings per share also stood at ¥0.228, consistent with the basic earnings per share[26]. - The weighted average return on net assets was 4.680%, a decrease of 0.26 percentage points compared to the previous year[26]. - The company reported a significant increase in the weighted average return on net assets after deducting non-recurring gains and losses, rising to 2.930%, an increase of 1.27 percentage points from the previous year[26]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥7,859,671,548.57, up 4.74% from ¥7,503,722,442.08 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased to ¥4,832,589,479.10, reflecting a 2.47% growth from ¥4,716,139,084.41 at the end of the previous year[24]. - Total liabilities increased to ¥2,947,874,950.04 from ¥2,717,638,285.17, marking an increase of approximately 8.47%[138]. - Shareholders' equity rose to RMB 4,911,796,598.53, up from RMB 4,786,084,156.91, reflecting an increase of about 2.62%[138]. Research and Development - Research and development expenses increased by 46.20% to CNY 105,777,901.63, reflecting the company's commitment to innovation[51]. - The company aims to stabilize core technical personnel and enhance its R&D capabilities to maintain competitive advantages in the market[74]. - The company has implemented a long-term incentive mechanism to attract and retain technical talent, ensuring active participation in new product development[74]. Market and Product Development - The company operates in the electronic materials sector, focusing on magnetic materials and components, with applications in automotive electronics and communication[31]. - The company provides complete solutions for electronic product design, manufacturing, procurement, and logistics management, serving various industries including IoT and network security[31]. - The company is expanding its product offerings in the semiconductor display equipment sector, targeting the TFT-LCD and OLED markets[35]. - The demand for soft magnetic materials in wireless charging has been increasing, with this segment showing higher gross margins and significant growth potential[38]. - The sapphire material market has seen a rebound in demand and prices, with significant growth in Mini LED applications, leading to increased production and sales for the company[38]. Cash Flow and Financial Management - The company reported a significant credit impairment loss of CNY 2,670,802.70 in the first half of 2021, compared to a recovery of CNY 188,648.41 in the same period of 2020[152]. - The net cash flow from operating activities for the first half of 2021 was ¥108,328,906.41, a significant improvement compared to a net outflow of ¥75,010,923.96 in the same period of 2020[155]. - Cash inflow from operating activities totaled ¥1,631,303,448.90, up from ¥1,158,361,072.49 in the first half of 2020, representing an increase of approximately 40.7%[155]. - The total cash and cash equivalents at the end of the period stood at ¥416,385,480.40, up from ¥366,787,229.28 at the end of the previous year[157]. Corporate Social Responsibility - The company has invested over 1 billion RMB in relocating part of its magnetic materials production and sapphire crystal growth to Liu'an, Anhui, and Yinchuan, Ningxia, creating over 400 jobs locally[95]. - During the first half of 2021, the company helped local farmers by purchasing agricultural products, significantly improving their sales channels and income[95]. - The company has provided 200,000 RMB annually in scholarships, benefiting 920 students over the past three years[95]. - The company is actively involved in the "Red Four Alliance" initiative, which aims to enhance rural governance and economic development through collaboration among villages, communities, enterprises, and institutions[95]. Legal and Compliance - The company has ongoing litigation involving a claim for 42.87 million RMB due to unpaid debts, which has been settled through mediation[102]. - The company has no significant integrity issues or unfulfilled court judgments during the reporting period[107]. - The company has maintained compliance with all regulatory requirements and has not faced any penalties or violations[107]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,904[122]. - The largest shareholder, Tiantong High-tech Group Co., Ltd., held 129,561,810 shares, accounting for 13.00% of total shares[125]. - The company has not distributed dividends or increased capital reserves in the recent fiscal year[81].