NEWU(SZ:300472)2022-08-17 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥370,501,063.57, representing a 9.08% increase compared to ¥339,661,298.78 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥40,489,585.38, up 13.29% from ¥35,739,058.52 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was ¥32,511,844.27, reflecting a 25.15% increase from ¥25,977,344.29 in the same period last year[21]. - The company's total assets at the end of the reporting period were ¥1,811,238,420.17, an increase of 8.34% from ¥1,671,861,889.19 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company were ¥928,197,571.66, which is a 5.08% increase from ¥883,362,199.59 at the end of the previous year[21]. - The basic earnings per share for the reporting period was ¥0.15, a 7.14% increase compared to ¥0.14 in the same period last year[21]. - The weighted average return on net assets was 4.48%, up from 3.49% in the previous year[21]. - The net cash flow from operating activities improved to -¥85,650,403.23, a 33.73% improvement from -¥129,244,549.52 in the same period last year[21]. - The company reported a total of CNY 85,520,187.47 in other receivables as of June 30, 2022, up from CNY 77,710,743.80 at the beginning of the year, marking an increase of approximately 10.3%[157]. - The company reported a total comprehensive income for the first half of 2022 of CNY 36,092,287.99, compared to CNY 34,071,548.01 in the previous year, reflecting a growth of 5.9%[167]. Business Expansion and Product Development - The company has initiated the market promotion of new intelligent cracking equipment for the recycling of waste tires, leveraging its technology in waste tire pyrolysis and deep processing of carbon black[29]. - The company has expanded its business scope into the digital intelligent equipment sector, including products like intelligent display control equipment and intelligent robots, enhancing its competitive edge in the digital economy[29]. - The company has developed a silicon material recycling intelligent equipment that purifies silicon waste into photovoltaic-grade polysilicon, which is now ready for industrialization and commercialization[30]. - The company aims to expand its market presence by launching new products in the second half of 2022[180]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[180]. - The company is focusing on sustainability practices as part of its long-term strategy to attract environmentally conscious consumers[183]. Research and Development - The company has invested significantly in R&D for 5G technology and industrial internet solutions, enhancing its core technological competitiveness[55]. - Research and development expenses increased to CNY 26,007,841.65, a rise of 32.5% from CNY 19,724,225.16 in the previous year[1]. - The company’s R&D team includes industry veterans, enhancing its ability to develop personalized products and solutions[52]. - Research and development expenses accounted for 1.5% of total revenue, highlighting the company's commitment to innovation[183]. Risk Management - The management has highlighted potential risks and corresponding measures in the report, emphasizing the importance of risk awareness for investors[4]. - The company is facing risks from rapid industry changes and market competition, with a focus on continuous product R&D and technology innovation to maintain competitiveness[89]. - There is a risk that the fundraising investment project may not achieve expected benefits due to market environment and price fluctuations of raw materials[91]. - The ongoing COVID-19 pandemic may affect project implementation and cash collection, requiring close monitoring of the situation[94]. Shareholder Information - The company has a total of 266,621,121 shares outstanding, with 50,000 restricted shares repurchased at CNY 6.29 per share, totaling CNY 314,500[139]. - The total number of ordinary shareholders at the end of the reporting period is 27,083[143]. - The largest shareholder, Jiangxi Guolian Dachen Industrial Co., Ltd., holds 8.63% of shares, totaling 23,008,820 shares[143]. - The company has implemented a stock incentive plan, with 1,736,000 shares released based on performance targets[142]. Compliance and Governance - The company has maintained compliance with laws and regulations, ensuring employee rights and welfare[108]. - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance, ensuring compliance and accuracy in reporting[196]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its sustainability[194]. Financial Position - The company's total liabilities reached ¥882,158,670.87, an increase from ¥783,220,214.57, marking a rise of about 12.6%[160]. - The company's cash and cash equivalents decreased to CNY 21.84 million, representing 1.21% of total assets, down from 3.56% at the end of the previous year, a decrease of 2.35%[72]. - The company reported a total equity of 27.4 billion yuan, which is a 5.2% increase from the previous year[178]. - The total liabilities of the company were reported at 13.1 billion yuan, which is a 3.5% increase compared to the previous year[178].