WBD(SZ:300055)2023-08-24 16:00Financial Performance - The company's operating revenue for the first half of 2023 was CNY 1,559,799,532.79, representing a 28.61% increase compared to CNY 1,212,857,735.88 in the same period last year[23]. - The net profit attributable to shareholders decreased by 23.87% to CNY 39,380,832.02 from CNY 51,731,532.51 year-on-year[23]. - The net cash flow from operating activities significantly dropped by 93.61% to CNY 12,309,015.71, down from CNY 192,505,941.58 in the previous year[23]. - The basic earnings per share fell by 26.86% to CNY 0.0471, compared to CNY 0.0644 in the same period last year[23]. - The company achieved operating revenue of CNY 1.56 billion, an increase of 28.61% year-on-year[39]. - The net profit attributable to shareholders was CNY 39 million, a decrease of 23.87% year-on-year[39]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 21 million, a decrease of 58.63% year-on-year[39]. - The net cash flow from operating activities was CNY 12 million, a decrease of 93.61% year-on-year[39]. Assets and Liabilities - Total assets increased by 2.23% to CNY 7,762,280,126.87 from CNY 7,593,314,432.81 at the end of the previous year[23]. - The net assets attributable to shareholders rose by 7.73% to CNY 5,365,821,591.64 from CNY 4,980,963,419.18 at the end of the previous year[23]. - The company reported a significant increase in cash and cash equivalents, totaling CNY 732,713,583.03, which is 9.44% of total assets, up from 7.61% the previous year[52]. - The company has a total of CNY 574,788,514.15 in accounts receivable, which accounts for 7.40% of total assets, showing a slight decrease from the previous year[52]. - The company has a total of CNY 2,290,240,991.00 in fixed assets, which constitutes 29.50% of total assets, showing a slight decrease from the previous year[52]. - The company's total liabilities were CNY 2,887,323,520.86, with short-term borrowings recorded at CNY 75,000,000.00[200]. Investment and R&D - Research and development investment amounted to CNY 42,370,109.41, reflecting a 3.61% increase compared to the previous year[46]. - The company is focused on expanding its product offerings in petrochemical products, including isoprene and other derivatives[31]. - The company is developing a high-end new materials project in Guangdong, which has completed preliminary preparations and secured land use rights[31]. - The company has authorized 3 new patents during the reporting period, including 2 invention patents related to high-salinity wastewater treatment and lithium enrichment processes[43]. - The company is committed to enhancing product research and development and cost control to mitigate adverse factors[82]. Environmental and Safety Measures - The company has implemented various environmental protection standards, including the Industrial Enterprise Boundary Environmental Noise Emission Standard (GB12348-2008) and the Air Pollutants Emission Limits (DB44/27-2001)[100]. - The company is classified as a key unit for environmental supervision in Heilongjiang Province, ensuring compliance with national and local regulations[102]. - The company has established a comprehensive management plan for hazardous waste, including a technical guide for hazardous waste management and record-keeping[102]. - The company is focused on improving its waste treatment technologies and expanding its operational capabilities in hazardous waste management[102]. - The company has committed to regular monitoring and reporting of pollutant emissions, including waste gas, wastewater, and noise[130]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company held its annual shareholders' meeting on May 11, 2023, with a participation rate of 39.16%[88]. - The company has not experienced any changes in its board of directors or senior management during the reporting period[89]. - The company has committed to ensuring that its subsidiaries adhere to the same commitments regarding competition and related party transactions[143]. - The company has reported that all commitments made by its shareholders are valid and irrevocable during their tenure as shareholders[143]. Market and Competitive Position - The company is focused on maximizing the application of innovative environmental protection technologies to reduce risks[84]. - The company is exploring potential mergers and acquisitions to strengthen its market position and expand its service offerings[106]. - The company plans to expand its market presence by entering two new provinces by the end of 2023[109]. - The company has set a performance guidance of achieving a revenue growth of 12% year-over-year for the upcoming fiscal year[106]. - The company is committed to enhancing its compliance with environmental regulations, with a focus on reducing the carbon footprint of its operations[107]. Legal and Compliance - There were no significant lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[149]. - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[145]. - There were no violations regarding external guarantees during the reporting period, reflecting sound financial practices[146]. - The half-year financial report was not audited, which may affect the perception of financial reliability[147]. - The company has not engaged in any significant related party transactions during the reporting period, ensuring transparency in operations[151].