津膜科技(300334) - 2021 Q2 - 季度财报

Financial Performance - The company's operating revenue for the current period is ¥208,197,972.20, representing a 28.49% increase compared to ¥162,031,901.93 in the same period last year [24]. - The net profit attributable to shareholders for the current period is ¥9,831,374.05, a significant turnaround from a loss of ¥41,625,121.71 in the previous year, marking a 123.62% improvement [24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses is ¥3,860,176.07, compared to a loss of ¥49,584,375.53 last year, reflecting a 107.79% increase [24]. - The basic earnings per share for the current period is ¥0.033, compared to a loss of ¥0.138 per share in the same period last year, indicating a 123.91% improvement [24]. - The total assets at the end of the current period amount to ¥1,753,269,804.05, a decrease of 4.85% from ¥1,842,721,294.08 at the end of the previous year [24]. - The net assets attributable to shareholders at the end of the current period are ¥752,022,529.45, showing a slight increase of 1.32% from ¥742,191,155.40 at the end of the previous year [24]. - The company reported a net profit of 8,203,398.59 CNY for the period, with a revenue of 46,325,243.6 CNY, indicating a significant performance in water treatment services [73]. - The company reported a significant increase in revenue, achieving a total of 300 million yuan in the first half of 2021, representing a year-on-year growth of 25% [112]. - The company reported a total revenue of 1.5 billion RMB for the first half of 2021, representing a year-on-year growth of 20% [105]. Market Position and Strategy - The company reported a significant increase in membrane product sales, aiming to enhance its competitive edge in a challenging market environment [5]. - The company is focusing on expanding its membrane product sales and application service offerings to maintain its industry-leading position [5]. - The company is actively pursuing strategic opportunities in the water treatment industry, driven by national policies supporting water resource protection [40]. - The company is focusing on expanding its market share in ultrafiltration and other membrane products through a new development strategy [41]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2022 [105]. - The company aims to enhance operational efficiency, targeting a reduction in production costs by 8% through process optimization [114]. - The company is focused on providing high-quality membrane products and solutions, aiming for sustainable value growth for shareholders, employees, and society [95]. Research and Development - The company holds hundreds of patents and proprietary technologies, achieving domestic leadership and international advanced levels in ultrafiltration and microfiltration membrane products [7]. - The company's R&D investment decreased by 30.36% to CNY 14,535,149.07, primarily due to reduced material costs [48]. - Research and development expenses decreased to CNY 14.54 million from CNY 20.87 million, indicating a focus on cost management [187]. - The company has committed to investing 50 million yuan in R&D for new technologies over the next two years [112]. - The company has established partnerships with three major universities for collaborative research, aiming to enhance technological advancements [118]. Talent Management - The company plans to enhance its talent acquisition and retention strategies, including improving compensation for core personnel and fostering a collaborative work environment [6]. - The company is actively working to attract and retain high-quality talent to mitigate human resource risks, including offering competitive compensation and internal training programs [76]. - The company has a robust talent pool combining research, application, and engineering capabilities to accelerate innovation [44]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with a total chemical oxygen demand (COD) discharge of 2178.79 kg, which is within the regulatory limits [89]. - The company has completed the construction of pollution prevention facilities, which are currently operating stably and meeting discharge standards [90]. - The company conducts regular monitoring of wastewater and air pollutants, ensuring compliance with environmental standards [92]. - The company has reported no significant environmental violations during the reporting period [89]. - The company is focused on maintaining compliance with environmental regulations while expanding its operational capacity [90]. Financial Management - The company has reduced the number of engineering projects, leading to a decrease in accounts receivable, but faces risks from aging receivables requiring increased bad debt provisions [5]. - The company is actively cleaning up old accounts receivable and inventory to recover funds [5]. - The company reported a net cash flow from operating activities of CNY 45,130,776.94, a decrease of 24.52% compared to the previous year [48]. - The company experienced a significant reduction in credit impairment losses, down to CNY 3.36 million from CNY 30.60 million [189]. - The company reported investment activity cash outflow of CNY 24,422,601.05, which increased from CNY 9,053,313.81 in the same period last year, indicating a rise in investment activities [197]. Corporate Governance - The company emphasizes a strong commitment to corporate governance and compliance with relevant laws and regulations, ensuring timely and accurate information disclosure [95]. - The company held its annual general meeting with a participation rate of 33.29%, reflecting shareholder engagement in corporate governance [82]. - The company has committed to maintaining the independence of its operations and governance structure post-restructuring, ensuring no harm to its legitimate interests [97]. - The company actively engages with investors through various communication channels to protect the rights of minority shareholders [95]. Legal Matters - The company has initiated litigation against Jiangsu Mountain Spring Membrane Environmental Engineering Co., Ltd. for a loan dispute and has won the case [127]. - The company plans to apply for bankruptcy liquidation against Jiangsu Mountain Spring due to the lack of executable assets [127]. - The company is pursuing legal action against Xinjiang Hongda for the return of the performance guarantee and compensation for losses incurred due to breach of contract [129].