DDN(002263)2021-08-23 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥787,118,001.76, representing a 19.49% increase compared to ¥658,708,158.57 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached ¥93,192,631.23, a significant increase of 132.85% from ¥40,022,281.75 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥90,177,522.45, up 164.71% from ¥34,066,305.53 year-on-year[21]. - The basic earnings per share increased to ¥0.05, reflecting a 150.00% growth compared to ¥0.02 in the same period last year[21]. - The company's operating revenue for the reporting period was ¥787,118,001.76, representing a year-on-year increase of 19.49% compared to ¥658,708,158.57 in the same period last year[41]. - The net profit for the reporting period reached ¥93,192,631.23, a significant increase of 132.85% from ¥40,022,281.75 in the previous year, primarily due to improved gross margins across all product lines[42]. - The total profit for the first half of 2021 was ¥102.85 million, compared to ¥48.94 million in the same period of 2020, marking a 109.5% increase[128]. - The net profit margin for the period was approximately 2.49%, indicating a slight decline from the previous year[145]. - The net profit margin for the current period is reported at 10.6%, showing an improvement from the previous period[150]. Assets and Liabilities - The total assets of the company at the end of the reporting period were ¥2,840,424,923.80, an increase of 4.60% from ¥2,715,614,830.53 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company rose to ¥2,498,259,897.02, marking a 3.87% increase from ¥2,405,067,265.79 at the end of the previous year[21]. - Total liabilities increased to CNY 342,165,026.78 from CNY 310,547,564.74, marking an increase of about 10.2%[120]. - The total liabilities at the end of the reporting period are 4,448.22 million yuan, reflecting a manageable debt level[150]. - The total owner's equity at the end of the reporting period is 2,347.25 million yuan, with a decrease of 485.31 million yuan compared to the previous period[150]. Cash Flow - The net cash flow from operating activities was ¥35,614,862.18, a decrease of 21.40% compared to ¥45,308,669.64 in the same period last year[21]. - The net cash flow from operating activities for the first half of 2021 was ¥35,614,862.18, a decrease of 21.3% compared to ¥45,308,669.64 in the same period of 2020[136]. - The cash outflow for purchasing goods and services was ¥596,896,958.56, an increase of 7.8% from ¥553,577,062.66 in the previous year[136]. - The net cash flow from investment activities was negative at -¥4,499,923.74, compared to a positive cash flow of ¥86,150,256.18 in the same period last year[137]. - The net cash flow from financing activities was -¥1,666,896.89, a decline from a positive cash flow of ¥267,291.73 in the previous year[137]. Research and Development - Research and development investment increased by 61.40% to ¥32,665,584.50, reflecting the company's commitment to enhancing optical film product development[41]. - Research and development expenditures have increased, reflecting the company's commitment to innovation and new product development[147]. Market and Production - The production and sales of specialty films accounted for 33.12% of total output, indicating a strong focus on differentiated products[30]. - The company’s CPP film production capacity is between 22,000 to 25,000 tons annually[31]. - BOPET film production capacity stands at 90,000 tons per year[31]. - The company’s BOPP capacitor film has an annual production capacity of 18,000 tons[32]. - The BOPP film (capacitor film) segment saw a revenue increase of 65.11%, driven by strong market demand and price increases due to supply chain disruptions in Europe and the United States[46]. - Revenue from sales to Hong Kong and Taiwan increased by 70.06%, attributed to higher sales of BOPP film in these regions[47]. - International sales revenue surged by 83.91%, also linked to the strong demand for BOPP film products[47]. Corporate Governance and Compliance - The company emphasizes social responsibility and aims for harmonious development with society while protecting the rights of investors, especially small and medium-sized investors[70]. - The company has established long-term strategic partnerships with customers, focusing on customer satisfaction as a key performance metric[70]. - There are no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[73]. - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[74]. - The company has no violations regarding external guarantees during the reporting period[75]. - The semi-annual financial report has not been audited[76]. - The company has not experienced any penalties or rectification during the reporting period[83]. - There were no significant related party transactions during the reporting period[84]. Legal and Regulatory Matters - The company is involved in significant litigation with a disputed amount of 36 million yuan, which is still unresolved[79]. - The company is currently involved in ongoing litigation related to guarantees provided by its former controlling shareholder[97]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 92,752[104]. - The largest shareholder, Zhuji Water Group Co., Ltd., holds 27.91% of the shares, totaling 524,158,020 shares[104]. - Shareholder Li Fuqiao reduced his holdings by 2,477,700 shares, now holding 16,421,370 shares, representing 0.87%[104]. - Shareholder Hu Zhaojun increased her holdings by 5,016,142 shares, now holding 13,144,342 shares, representing 0.70%[104]. Strategic Outlook - The company plans to enhance its capital structure through additional equity financing and strategic investments[147]. - The company aims to improve operational efficiency and reduce costs in the upcoming quarters[147]. - Future guidance indicates a cautious outlook due to market volatility and economic uncertainties[147]. - The company plans to expand its market presence and invest in new product development to drive future growth[150]. - The company aims to enhance its operational efficiency through strategic mergers and acquisitions in the upcoming quarters[150].