RTGF(SZ:002440)2020-08-27 16:00COVID-19 Impact - The company reported a significant impact from the COVID-19 pandemic, leading to uncertainties in the macroeconomic environment and the dye industry, prompting proactive measures to mitigate adverse effects[13]. - The company has established a joint prevention and control command for COVID-19 to ensure effective resumption of work and production during the pandemic[13]. - The company will continue to assess the impact of the pandemic on its supply chain and operational performance, adapting strategies as necessary[13]. - The company reported a significant decrease in sales revenue from dyes, which amounted to ¥1,728,437,989.08, down 35.30% year-on-year[56]. - The company invested ¥56,225,321.68 in R&D, a decrease of 45.46% year-on-year, primarily due to delays in multiple R&D projects caused by the pandemic[53]. Financial Performance - The company's operating revenue for the reporting period was ¥2,265,268,848.03, a decrease of 30.69% compared to the same period last year[28]. - The net profit attributable to shareholders was ¥375,356,836.46, down 54.64% year-on-year[28]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥189,904,049.31, a decline of 69.69% compared to the previous year[28]. - The basic and diluted earnings per share were both ¥0.33, representing a decrease of 54.17% from the same period last year[28]. - The weighted average return on equity was 4.28%, down 5.94% from the previous year[28]. - Total assets at the end of the reporting period were ¥10,627,652,538.81, a decrease of 2.59% from the end of the previous year[28]. - The company's cash flow from operating activities was ¥1,215,756,907.13, a slight decrease of 0.36% year-on-year[28]. - The company reported a 93.15% increase in cash and cash equivalents compared to the beginning of the period, primarily due to the collection of bank acceptance bills[40]. - The company achieved a total revenue of ¥2,265,268,848.03, a decrease of 30.69% year-on-year due to the impact of COVID-19 on downstream textile dyeing enterprises[52]. - The operating profit was ¥451,544,226.61, down 40.53% year-on-year, while the net profit attributable to shareholders was ¥375,356,836.46, a decline of 54.64%[52]. Investment and R&D - The company plans to increase investment in safety and environmental protection, adhering to the principles of "safety, environmental protection, and efficiency" to enhance production safety[8]. - The company has been focusing on "backward integration" strategies and increasing investments in environmental upgrades and R&D to improve production processes and promote new product development[38]. - The company has applied for 13 invention patents and 1 utility model patent during the reporting period, with a total of 229 authorized invention patents[45]. - The company has established a special working group for risk assessment and management of derivative trading[78]. Environmental Compliance - The company is committed to enhancing its environmental management and increasing investment in compliance with the new Environmental Protection Law[9]. - The company has established a command center for epidemic prevention and control to minimize the impact of COVID-19 on operations[92]. - The company has achieved compliance with the discharge standards for NOX and SO2 emissions[141]. - The company has implemented measures to ensure that all emissions meet the required environmental standards, demonstrating a commitment to sustainable operations[152]. - The company has established five sets of MVR devices with a total treatment capacity of 275 tons per hour, aimed at resource recovery from low-concentration acid wastewater and saline wastewater[152]. - The company’s wastewater treatment facilities are designed to ensure compliance with the "Integrated Wastewater Discharge Standard" (GB8978-1996) and other relevant regulations[152]. - The company has achieved compliance with hazardous waste storage and disposal regulations, ensuring proper management of hazardous waste[157]. - The company has established emergency response plans for environmental incidents, which have been filed with local environmental protection authorities[157]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,360, with 10 shareholders holding more than 5% of shares[172]. - The largest shareholder, Zhang Aijuan, holds 16.73% of shares, totaling 192,454,893 shares[176]. - The second-largest shareholder, Ruan Jingbo, holds 15.76% of shares, totaling 181,331,054 shares[176]. - The total number of restricted shares at the beginning of the period was 200,652,988, with no shares released or added during the period[171]. - The company did not conduct any repurchase transactions during the reporting period[182]. - There were no changes in the controlling shareholder or actual controller during the reporting period[183]. Risk Management - The company has established a derivative trading management system to effectively regulate trading behavior and control risks[78]. - The company only engages in foreign exchange and interest rate-related derivatives to mitigate operational risks[78]. - The company has a future outlook that includes potential risks related to the recovery of entrusted financial management principal[135].