2022-08-25 16:00Financial Performance - The company's operating revenue for the first half of the year reached ¥568,616,090.46, a year-on-year increase of 35.91% compared to ¥418,371,887.26[23]. - Net profit attributable to shareholders was ¥130,924,840.18, representing a significant increase of 152.57% from ¥51,837,891.19 in the same period last year[23]. - The net profit after deducting non-recurring gains and losses was ¥132,039,486.20, up 130.58% from ¥57,265,209.40 year-on-year[23]. - Basic earnings per share increased to ¥0.360, a rise of 157.14% compared to ¥0.140 in the previous year[23]. - The weighted average return on net assets rose to 5.78%, an increase of 3.34 percentage points from 2.44% in the same period last year[23]. - The gross profit for the first half of 2022 was ¥145,322,056.83, with a gross margin of 25.56%, significantly up from ¥78,568,292.73 and a gross margin of 18.78% in the previous year[47]. - The company reported a significant increase in investment income, reaching ¥35,165,561.83, which is a 262.03% increase compared to ¥9,713,436.84 in the previous year[48]. - Total operating revenue for the first half of 2022 reached ¥568,616,090.46, an increase of 36% compared to ¥418,371,887.26 in the first half of 2021[143]. - Total operating costs amounted to ¥423,817,175.70, up from ¥364,647,336.57, reflecting a 16% increase year-over-year[143]. - The company reported a total cash outflow from investment activities of RMB 1,932,481,092.86, compared to RMB 361,102,474.46 in the previous year[160]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,545,930,772.28, a 3.32% increase from ¥2,464,111,598.87 at the end of the previous year[23]. - The total liabilities amounted to ¥239,944,944.07, slightly up from ¥238,542,901.32, indicating a marginal increase of about 0.6%[135]. - The company's total liabilities included a notable increase in tax payable, which rose by 387.55% to ¥25,175,329.54[53]. - The total current assets amounted to RMB 1,748,330,820.41, up from RMB 1,678,509,444.42, indicating an increase of about 4.2%[130]. - The total assets of the company reached ¥2,024,559,774.63, up from ¥1,733,333,543.78, reflecting a growth of 16.8%[142]. - The total equity attributable to shareholders reached ¥2,305,985,828.21, compared to ¥2,225,568,697.55, indicating an increase of about 3.6%[135]. Cash Flow - The company's cash flow from operating activities was ¥432,598,051.06, reflecting a 16.77% increase from ¥370,474,383.16 year-on-year[23]. - The net cash flow from operating activities increased to ¥432,598,051.06, up 16.77% compared to the previous period[51]. - The net cash flow from investing activities decreased to -¥268,429,118.68, a 49.03% increase in outflow compared to the previous period[51]. - The net cash flow from financing activities decreased to -¥44,888,070.63, representing a 71.17% increase in outflow compared to the previous period[51]. - The company's cash and cash equivalents increased by 36.45% to ¥518,987,708.58, accounting for 20.38% of total assets[53]. - Cash inflow from operating activities totaled RMB 441,632,667.75, an increase of 39.6% compared to RMB 316,429,267.22 in the same period last year[157]. Risks and Challenges - Major risks include supply shortages of key raw materials, uncertainties from the global COVID-19 pandemic, reliance on a single product, rising logistics costs, and exchange rate risks[8]. - The company is actively monitoring the impact of the COVID-19 pandemic on its operations and has implemented emergency measures, including logistics adjustments and daily tracking of customer payment statuses[63]. - The company faces risks related to rising logistics costs due to complex international trade environments and the ongoing pandemic, which may affect shipping efficiency and costs[65]. - The company is exposed to exchange rate risks as its domestic operations are settled in RMB while export transactions are primarily in USD, prompting the finance department to monitor foreign currency transactions closely[66]. Environmental and Social Responsibility - Three subsidiaries of the company were listed as key pollutant discharge units by local environmental protection departments in 2022[75]. - The main pollutants from the subsidiaries include wastewater and boiler exhaust, with specific monitoring indicators such as COD, total nitrogen, and total phosphorus[79]. - The company has established wastewater treatment stations for its subsidiaries, with the first one built in 2004 and passing environmental acceptance in 2008[83]. - The company has made significant investments in environmental protection facilities, with the latest approvals for projects received as recently as 2022[84]. - The company reported no instances of exceeding pollution discharge limits or receiving administrative penalties during the reporting period[92]. - The company is committed to enhancing the utilization rates of energy, water resources, and materials, adhering to environmental regulations to minimize the use of natural resources[92]. Corporate Governance - The board of directors and supervisory board members confirmed the authenticity, accuracy, and completeness of the semi-annual report[4]. - The company has undergone changes in its board and management, with new independent directors and supervisors elected during the annual general meeting[71]. - The integrity status of the company and its controlling shareholders remains good, with no significant debts overdue or unfulfilled court judgments[103]. - The company has not disclosed any significant litigation or arbitration matters during the reporting period[103]. Research and Development - The company has developed a diverse range of concentrated juices, including concentrated lemon juice, peach juice, and strawberry juice, expanding its product offerings[34]. - The company invested over ¥40 million in 2003 to establish a state-of-the-art R&D center, which has been recognized as a national apple processing technology R&D sub-center[39]. - The company increased its R&D expenses significantly, reflecting a commitment to innovation and product development[51]. - Research and development expenses for the first half of 2022 were ¥2,122,726.56, an increase from ¥1,486,610.18, indicating a 43% rise[143]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 7,020, including 6,998 A-share shareholders and 22 H-share registered shareholders[117]. - The top ten shareholders hold a total of 24.49% (87,605,969 shares) of the company's stock, with Donghua Fruit Industry Co., Ltd. holding 18.39% (65,779,459 shares) and Shandong Andeli Group Co., Ltd. holding 15.28% (54,658,540 shares)[119]. - The company has repurchased 9.6 million H shares, which is 9.921% of the total H share capital authorized by the shareholders' meeting[115]. - The proportion of limited sale shares increased from 55.54% to 57.03% after the share repurchase[114].