ANLI(SZ:300218)2021-08-25 16:00Financial Performance - The company's operating revenue for the first half of 2021 was ¥952,440,118.52, representing a 72.24% increase compared to ¥552,965,943.89 in the same period last year[21]. - The net profit attributable to shareholders was ¥68,200,001.41, a significant increase of 524.93% from a loss of ¥16,049,880.02 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥66,538,046.83, up 423.73% from a loss of ¥20,553,766.55 in the same period last year[21]. - The basic earnings per share increased to ¥0.3143, compared to a loss of ¥0.0740 per share in the previous year, marking a 524.73% improvement[21]. - The weighted average return on equity rose to 6.23%, up 7.78 percentage points from -1.55% in the previous year[21]. - The total assets at the end of the reporting period were ¥2,067,579,529.59, a slight decrease of 0.58% from ¥2,079,730,264.69 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 4.24% to ¥1,114,353,347.19 from ¥1,069,065,893.47 at the end of the previous year[21]. - The net cash flow from operating activities improved by 75.33%, reaching -¥14,768,345.93 compared to -¥59,858,789.19 in the previous year[21]. - The company achieved a revenue of 95,244.01 million yuan, representing a year-on-year growth of approximately 72.24%[39]. - The net profit attributable to shareholders reached 6,820 million yuan, a significant increase of about 524.93% compared to the previous year[39]. - The average selling price of the company's main products increased by 13.1% year-on-year, while the gross margin improved by approximately 6.3 percentage points[39]. Market Strategy and Expansion - The company focuses on the research, production, and sales of ecological functional polyurethane synthetic leather and composite materials, which are widely used in various industries such as footwear, furniture, electronics, and automotive interiors[28]. - The company has established a strong market presence, being one of the largest producers of ecological functional polyurethane synthetic leather globally, benefiting from a complete product line and strong customer relationships[30]. - The company has expanded its operations internationally by establishing a joint venture in Vietnam and acquiring a controlling subsidiary in Russia, enhancing its market reach and mitigating trade risks[30]. - The domestic market is experiencing a consumption upgrade, prompting the company to focus on expanding its domestic market presence while adhering to a "dual circulation" development strategy[30]. - The company is actively developing high-tech, high-value-added products, including water-based and solvent-free polyurethane, to meet the increasing demand from premium brand customers[32]. - The company is leveraging advancements in technology to expand the application fields of polyurethane synthetic leather, including electronics and automotive interiors, indicating a broad market outlook[34]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by the end of 2022[97]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[98]. Environmental Compliance and Sustainability - The company has invested over 200 million yuan in advanced environmental technologies and equipment, achieving compliance with national and local environmental standards[47]. - The company’s ECO PU synthetic leather product received USDA bio-based product certification, highlighting its commitment to sustainable materials[44]. - The company has implemented upgrades to wastewater treatment and rainwater management systems to improve environmental compliance and reduce pollutant emissions[89]. - The company achieved ISO14001 environmental management certification and is recognized as a "National Green Factory" by the Ministry of Industry and Information Technology[88]. - The company has invested approximately 200 million RMB in the construction of the Anli Industrial Park, introducing advanced environmental protection technologies and equipment to effectively manage wastewater, waste gas, and solid waste[114]. - The company has established a comprehensive environmental monitoring system, ensuring compliance with environmental regulations and enhancing transparency in environmental management[126]. - The company has implemented a self-monitoring plan for environmental emissions, with quarterly assessments conducted by third-party agencies to ensure compliance with standards[128]. - The company has been recognized multiple times as an advanced unit in energy conservation and environmental protection by local government authorities[88]. - The company has developed a comprehensive online monitoring system for environmental compliance, increasing transparency and accountability[89]. Research and Development - Research and development investment increased by 31.65% to ¥56,489,774.97, driven by intensified new product development efforts[53]. - The company is currently engaged in significant non-equity investments, with ongoing projects in the synthetic leather industry[65]. - The company is actively developing new materials and processes, including TPU, recycled fibers, and biodegradable materials, to maintain a competitive edge in the global market[137]. - The company has established an innovation strategic alliance with institutions like the Chinese Academy of Sciences and Hefei University of Technology to enhance industry technology development[137]. - The company has invested CNY 50 million in R&D for new technologies aimed at improving product efficiency[96]. Risks and Challenges - The company faces risks including fluctuations in raw material prices, exchange rate volatility, and increased costs related to environmental protection and clean energy[4]. - The company faces risks from exchange rate fluctuations, impacting both export sales prices and import costs[82]. - The procurement costs of raw materials account for over 60% of the main business costs, with significant price increases observed in key materials like DMF and BDO[83]. - The company is subject to increasing environmental regulations, which may raise operational costs due to stricter compliance requirements[86]. - The company reported a loss of 3,184,900.00 CNY from financial derivatives during the reporting period[71]. Employee and Corporate Governance - The company has maintained its core competitiveness without significant changes during the reporting period[50]. - The company has a well-structured workforce, with over 1,035 employees holding higher education degrees, contributing to its operational efficiency[49]. - The company has implemented an employee stock ownership plan and various welfare programs to enhance employee satisfaction and belonging[148]. - The company has established employment internship bases with several universities, hosting over 2,500 students for joint internship activities[149]. - The company has been awarded the title of "Demonstration Enterprise of Harmonious Labor Relations" by multiple provincial departments[148]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[103]. - The total number of shares after the recent changes is 216,987,000, maintaining a 100% ratio[191]. - The largest shareholder, Anhui Anli Technology Investment Group Co., Ltd., holds 47,520,000 shares, which is 21.90% of total shares[193]. - The company has not implemented any share repurchase plans during the reporting period[192]. - The top ten unrestricted shareholders did not engage in any repurchase transactions during the reporting period[196].