Exciton(SZ:300566)2022-08-16 16:00Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,030,443,750.17, representing a 21.81% increase compared to ¥845,969,010.55 in the same period last year[22]. - The net profit attributable to shareholders decreased by 39.99% to ¥38,239,881.78 from ¥63,720,466.16 year-on-year[22]. - The net profit after deducting non-recurring gains and losses fell by 62.18% to ¥21,265,777.11 compared to ¥56,233,191.14 in the previous year[22]. - Basic and diluted earnings per share decreased by 44.44% to ¥0.15 from ¥0.27 year-on-year[22]. - The total assets at the end of the reporting period were ¥3,644,271,566.34, a 3.86% increase from ¥3,508,883,590.87 at the end of the previous year[22]. - The net assets attributable to shareholders slightly decreased by 0.37% to ¥1,677,019,116.71 from ¥1,683,273,236.68 at the end of the previous year[22]. - The weighted average return on net assets was 2.24%, down from 7.39% in the previous year, a decrease of 5.15%[22]. - The company achieved operating revenue of 1,030.44 million yuan, a year-on-year increase of 21.81%[36]. - Net profit attributable to the parent company was 38.24 million yuan, a decrease of 39.99% compared to the same period last year[36]. - The company reported a total comprehensive income for the first half of 2022 of CNY 44.91 million, down from CNY 70.81 million in the first half of 2021[178]. Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥45,051,357.48, a 261.23% increase from -¥27,941,690.46 in the same period last year[22]. - The net cash flow from investment activities was negative at -¥378,385,870.45, a substantial decline of 872.01%, mainly due to investments in bank wealth management products[45]. - The total investment amount during the reporting period was CNY 322,755,050.50, representing a significant increase of 3,143.77% compared to the previous year[57]. - The company reported an investment loss of CNY 576,979.68, compared to a profit of CNY 4.93 million in the same period last year[1]. - Investment cash outflow totaled CNY 433,053,111.70, compared to CNY 41,958,714.94 in the first half of 2021, indicating a substantial increase in investment activities[185]. Research and Development - The company has obtained a total of 133 patents, including 101 invention patents, emphasizing its commitment to R&D[39]. - Research and development expenses increased by 32.56% to ¥70,630,482.77, reflecting the company's commitment to innovation[45]. - The company is focusing on developing a functional film platform based on its core coating technology, with plans for horizontal expansion of new products[35]. - The company emphasizes the importance of new product development to maintain core competitiveness in the optical film industry[75]. - New product development initiatives are underway, targeting a 25% reduction in volatile organic compounds (VOCs) emissions by 2024[103]. Market Position and Product Development - The company is positioned as a leading manufacturer of optical films, benefiting from the domestic substitution opportunities in upstream materials for the display industry[34]. - The company experienced a significant increase in sales of photovoltaic backsheet films and transparent backsheet products, achieving rapid growth during the reporting period[33]. - The company has successfully launched new products, including solar backsheet products, which have seen rapid market acceptance and stable delivery[33]. - The company’s production capacity for composite films has been expanded to meet the growing demand, contributing to revenue growth[35]. - The company is actively expanding new product development and market exploration in the renewable energy sector[36]. Environmental Compliance and Sustainability - The company reported a total VOCs emission of 41.9 mg/m³, which is below the regulatory limit of 150 mg/m³[95]. - The company has implemented a zeolite rotary + RTO waste gas treatment system and a biological purification tower for waste gas disposal[96]. - The company has established a comprehensive waste gas treatment facility to meet national and local environmental protection standards[96]. - The company has completed multiple environmental impact assessments for various projects, including a new optical film production line with a capacity of 15 million square meters annually[99]. - The company is committed to regular monitoring of pollutant emissions to ensure compliance with environmental regulations[98]. Corporate Social Responsibility - The company actively engages in corporate social responsibility, providing free health check-ups for employees and offering training to enhance their skills[109]. - The company has established various scholarships totaling over 1 million yuan to support students in multiple universities, including 250,000 yuan at the Institute of Materials, Chinese Academy of Sciences[111]. - The company donated 200,000 yuan to support the development of the "Zhejiang East Red Village" tourism industry and has previously contributed 100,000 yuan to economic development in Guizhou Province[111]. - The company received the "Volunteer Service Award" at the Ningbo Charity Award event, recognizing its commitment to charitable activities[113]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[83]. - The total number of unrestricted shares increased to 203,307,385, which is 77.57% of the total shares after the recent changes[144]. - Major shareholder Zhang Yan holds 17.87% of the shares, totaling 46,827,256, with 19,645,000 shares pledged[155]. - The company has a total of 13,991 shareholders at the end of the reporting period[153]. - The company confirmed a total of 83,987,779 restricted shares, which accounted for 32.05% of the total shares before the recent changes[144].