上海证券交易所文件 上证上审（再融资）〔2023〕561 号 关于确成硅化学股份有限公司向不特定对象 发行可转债申请文件的审核问询函 确成硅化学股份有限公司、中信建投证券股份有限公司： 根据《证券法》《上市公司证券发行注册管理办法》《上海 证券交易所上市公司证券发行上市审核规则》等有关法律、法规 及本所有关规定等，本所审核机构对确成硅化学股份有限公司 （以下简称发行人或公司）向不特定对象发行可转债申请文件进 行了审核，并形成了首轮问询问题。 1.关于本次募投项目 根据申报材料，1）本次募集资金用于投资"确成泰国二期 年产 2.5 万吨高分散性白炭黑项目""生物质（稻壳）资源化综 - 1 - ─────────────── 合利用项目"和补充流动资金。本次募投项目主要为新增公司现 有高分散二氧化硅产品的产能和升级二氧化硅生产工艺；2）发 行人现有二氧化硅产能 33 万吨，产能利用率在 76%左右；前次 募投项目中尚有二氧化硅在建产能 7.5 万吨，预计于 2024 年 12 月底达到预定可使用状态；3）稻壳法生产白炭黑的预计销售价 格高于石英砂法生产白炭黑。 请发行人说明：（1）本次募投项目是否涉及新产品、新技 ...

上海证券交易所文件 上证上审（再融资）〔2023〕561 号 关于确成硅化学股份有限公司向不特定对象 发行可转债申请文件的审核问询函 确成硅化学股份有限公司、中信建投证券股份有限公司： 根据《证券法》《上市公司证券发行注册管理办法》《上海 证券交易所上市公司证券发行上市审核规则》等有关法律、法规 及本所有关规定等，本所审核机构对确成硅化学股份有限公司 （以下简称发行人或公司）向不特定对象发行可转债申请文件进 行了审核，并形成了首轮问询问题。 1.关于本次募投项目 根据申报材料，1）本次募集资金用于投资"确成泰国二期 年产 2.5 万吨高分散性白炭黑项目""生物质（稻壳）资源化综 - 1 - ─────────────── 合利用项目"和补充流动资金。本次募投项目主要为新增公司现 有高分散二氧化硅产品的产能和升级二氧化硅生产工艺；2）发 行人现有二氧化硅产能 33 万吨，产能利用率在 76%左右；前次 募投项目中尚有二氧化硅在建产能 7.5 万吨，预计于 2024 年 12 月底达到预定可使用状态；3）稻壳法生产白炭黑的预计销售价 格高于石英砂法生产白炭黑。 请发行人说明：（1）本次募投项目是否涉及新产品、新技 ...

证券代码：605183 证券简称：确成股份 公告编号：2023-044 确成硅化学股份有限公司 关于召开 2022 年度暨 2023 年第一季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 投资者可于 2023 年 06 月 19 日(星期一) 至 06 月 27 日(星期二)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@quechen.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 确成硅化学股份有限公司（以下简称"公司"）已于 2023 年 4 月 20 日、2023 年 4 月 29 日发布公司 2022 年度报告以及 2023 年一季度报告，为便于广大投资 者更全面深入地了解公司 2022 年度以及 2023 年一季度经营成果、财务状况，公 司计划于 2023 年 06 月 28 日 下午 14:00-15:00 举行 2022 年度暨 2023 年第一 季度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投 ...

Revenue and Profit Growth - Revenue for the third quarter was RMB 443.89 million, a year-on-year increase of 33.92%[7] - Net profit attributable to shareholders of the listed company was RMB 110.36 million, a year-on-year increase of 63.17%[7] - Total operating revenue for the first three quarters of 2022 reached 1,330,143,392.53 yuan, a 28.4% increase compared to 1,035,551,771.30 yuan in the same period of 2021[30] - Net profit attributable to the parent company's shareholders in the first three quarters of 2022 was 311,237,212.63 yuan, a 48.4% increase from 209,796,606.31 yuan in the same period of 2021[33] - Operating profit for the first three quarters of 2022 was 359,358,403.85 yuan, a 43.0% increase compared to 251,332,334.39 yuan in the same period of 2021[33] Asset and Equity Changes - Total assets at the end of the reporting period were RMB 3.01 billion, an increase of 2.76% compared to the end of the previous year[9] - Equity attributable to shareholders of the listed company was RMB 2.57 billion, an increase of 3.94% compared to the end of the previous year[9] - Total assets increased to 3,005,254,037.81 RMB as of September 30, 2022, compared to 2,924,516,188.43 RMB at the end of 2021[25] - Current assets remained stable at 1,939,636,739.25 RMB, slightly down from 1,940,311,123.30 RMB at the end of 2021[25] - Non-current assets grew to 1,065,617,298.56 RMB, up from 984,205,065.13 RMB at the end of 2021[25] - Total liabilities decreased to 439,530,760.21 RMB, down from 455,942,790.63 RMB at the end of 2021[28] - Current liabilities decreased to 438,365,326.69 RMB, down from 450,669,007.30 RMB at the end of 2021[28] - Non-current liabilities decreased significantly to 1,165,433.52 RMB, down from 5,273,783.33 RMB at the end of 2021[28] - Shareholder equity increased to 2,565,723,277.60 RMB, up from 2,468,573,397.80 RMB at the end of 2021[28] - Total equity attributable to the parent company's shareholders as of the end of the third quarter of 2022 was 2,565,723,200.81 yuan, a 3.9% increase from 2,468,573,320.76 yuan at the end of the same period in 2021[30] Earnings Per Share and Return on Equity - Basic earnings per share for the third quarter were RMB 0.27, a year-on-year increase of 65.20%[9] - Weighted average return on equity (ROE) for the third quarter was 4.38%, an increase of 1.5 percentage points year-on-year[9] - Basic earnings per share for the first three quarters of 2022 were 0.75 yuan, a 47.1% increase compared to 0.51 yuan in the same period of 2021[35] Cash Flow and Financial Expenses - Operating cash flow for the first three quarters was RMB 352.31 million, a year-on-year increase of 37.57%[7] - Financial expenses decreased by 1,001.43% due to exchange gains from RMB depreciation against the USD[13] - Financial expenses for the first three quarters of 2022 showed a net income of 81,140,691.70 yuan, compared to an expense of 9,001,346.12 yuan in the same period of 2021[30] - Sales of goods and services received cash of RMB 934,068,621.90, an increase from RMB 860,052,138.24 in the same period last year[39] - Net cash flow from operating activities increased to RMB 352,308,296.40, up from RMB 256,086,590.30 in the previous year[39] - Cash received from tax refunds rose to RMB 56,439,374.32, compared to RMB 26,197,185.79 in the same period last year[39] - Cash paid for goods and services was RMB 476,563,349.92, slightly up from RMB 469,277,571.55 in the previous year[39] - Cash received from investment activities totaled RMB 479,765,999.15, an increase from RMB 427,635,541.85 in the same period last year[39] - Cash paid for investments decreased to RMB 506,500,000.00, down from RMB 743,400,000.00 in the previous year[39] - Net cash flow from investment activities was negative RMB 164,048,942.23, an improvement from negative RMB 403,094,826.57 in the same period last year[41] - Net cash flow from financing activities was negative RMB 303,974,988.09, compared to negative RMB 207,752,006.65 in the previous year[41] - The net increase in cash and cash equivalents was negative RMB 33,422,082.98, an improvement from negative RMB 357,526,885.81 in the same period last year[41] - The ending balance of cash and cash equivalents was RMB 749,525,871.82, down from RMB 793,884,651.65 at the end of the previous year[41] Inventory and Borrowings - Inventory increased by 38.91% due to higher raw material stockpiling[13] - Short-term borrowings decreased by 86.59% due to repayment of bank loans[13] - Inventory increased to 236,008,876.33 RMB, up from 169,904,342.68 RMB at the end of 2021[25] Research and Development - Research and development expenses for the first three quarters of 2022 were 46,369,870.85 yuan, a 23.7% increase compared to 37,493,582.48 yuan in the same period of 2021[30] Comprehensive Income and Investment - Total comprehensive income for the first three quarters of 2022 was 318,317,896.91 yuan, a 74.8% increase from 182,128,669.64 yuan in the same period of 2021[35] - Investment income for the first three quarters of 2022 was 15,711,633.67 yuan, a significant increase from 857,416.13 yuan in the same period of 2021[33] Monetary Funds and Accounts Receivable - Monetary funds decreased to 759,367,363.33 RMB, down from 790,369,237.95 RMB at the end of 2021[22] - Accounts receivable decreased to 491,291,804.65 RMB, down from 503,747,418.85 RMB at the end of 2021[25]

2022 年半年度报告 公司代码：605183 公司简称：确成股份 确成硅化学股份有限公司 2022 年半年度报告 1 / 128 2022 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人阙伟东、主管会计工作负责人王今及会计机构负责人（会计主管人员）曹力荣 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 2022年半年度不进行利润分配或公积金转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质 承诺，请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 | --- | --- | |--------|-------------------------------- ...

Financial Performance - The company's revenue for Q1 2022 was RMB 440,929,402.69, representing a year-on-year increase of 30.30%[5] - Net profit attributable to shareholders was RMB 83,719,714.93, reflecting a growth of 24.95% compared to the same period last year[5] - Basic and diluted earnings per share were both RMB 0.20, an increase of 25.00% year-on-year[5] - Total operating revenue for Q1 2022 was RMB 440,929,402.69, an increase of 30.3% compared to RMB 338,395,298.18 in Q1 2021[26] - Operating profit for the first quarter of 2022 reached CNY 92,981,263.88, up from CNY 77,764,764.82 in the first quarter of 2021, reflecting a growth of 19.5%[32] - The company reported a total comprehensive income of CNY 84,545,849.27 for the first quarter of 2022, compared to CNY 58,918,203.75 in the first quarter of 2021, marking an increase of 43.5%[32] Cash Flow and Assets - The net cash flow from operating activities decreased by 3.59% to RMB 101,999,725.29[5] - Current assets totaled RMB 2,025,383,764.88 as of March 31, 2022, compared to RMB 1,940,311,123.30 at the end of 2021, representing an increase of 4.4%[20] - Non-current assets amounted to RMB 1,007,488,907.69 as of March 31, 2022, compared to RMB 984,205,065.13 at the end of 2021, showing a growth of 2.5%[24] - The company's cash and cash equivalents stood at RMB 798,761,017.81, slightly up from RMB 790,369,237.95 at the end of 2021[20] - Cash flow from operating activities for the first quarter of 2022 was CNY 101,999,725.29, slightly down from CNY 105,793,529.47 in the first quarter of 2021[36] - The cash and cash equivalents at the end of the first quarter of 2022 amounted to CNY 789,972,914.81, a decrease from CNY 819,507,508.97 at the end of the first quarter of 2021[36] Liabilities and Equity - Total liabilities were RMB 479,255,715.40, compared to RMB 455,942,790.63 at the end of 2021, reflecting an increase of 5.1%[26] - The company’s total liabilities decreased to CNY 1,200,000,000.00 in the first quarter of 2022, down from CNY 1,500,000,000.00 in the same period of 2021, indicating a reduction of 20%[36] - The weighted average return on equity increased by 0.57 percentage points to 3.33%[5] Research and Development - Research and development expenses rose by 38.31% due to increased investment in R&D equipment and materials[9] - Research and development expenses increased to CNY 15,758,178.93 in the first quarter of 2022, up from CNY 11,393,325.82 in the same period of 2021, representing a growth of 38.4%[32] Market and Future Outlook - Revenue growth was primarily driven by increased sales volume and price hikes of silica products[9] - The company plans to continue expanding its market presence and investing in new technologies to enhance product offerings[9] - Future outlook includes plans for market expansion and potential new product launches to sustain growth momentum[26] Accounting Standards - The implementation of new accounting standards began in 2022, affecting the financial statements from the start of the year[39] - The board of directors confirmed the financial report adjustments related to the new accounting standards[39] Other Financial Metrics - The company reported a significant decrease of 44.67% in accounts receivable financing, attributed to fewer bank acceptance bills received from customers[9] - Total operating costs for Q1 2022 were RMB 347,754,165.55, up from RMB 259,780,686.99 in Q1 2021, reflecting a growth of 34%[26] - The company reported a net profit margin improvement, with net profit for Q1 2022 expected to reflect the growth in revenue and controlled costs[26]

Financial Performance - Revenue in 2021 increased by 42.42% year-on-year to RMB 1,502,946,503.05[21] - Net profit attributable to shareholders of the listed company in 2021 increased by 55.16% year-on-year to RMB 300,074,856.03[21] - Basic earnings per share in 2021 increased by 35.85% year-on-year to RMB 0.72[23] - Weighted average return on equity in 2021 increased by 1.08 percentage points to 12.33%[23] - Revenue in the fourth quarter of 2021 was RMB 467,394,731.75, the highest among all quarters[26] - Net profit attributable to shareholders of the listed company in the fourth quarter of 2021 was RMB 90,278,249.72, the highest among all quarters[26] - The company's total assets at the end of 2021 increased by 7.90% year-on-year to RMB 2,924,516,188.43[21] - The company's equity attributable to shareholders of the listed company at the end of 2021 increased by 2.87% year-on-year to RMB 2,468,573,320.76[21] - The company's structural deposits increased by RMB 225,000,000.00 in 2021, reaching RMB 245,000,000.00 at the end of the year[32] - The company's derivative financial assets increased by RMB 3,558,197.60 in 2021, reaching RMB 3,558,197.60 at the end of the year[32] - The company's operating cash flow increased by 5.21% year-on-year to 284.28 million yuan, while investment cash flow decreased significantly due to IPO fundraising and short-term financial investments[63][66] - The company's financial expenses decreased by 32.03% year-on-year, mainly due to reduced foreign exchange losses and lower interest expenses[66] - The company's asset scale reached 2,924.52 million yuan by the end of 2021, a year-on-year increase of 7.9%, with owner's equity of 2,468.57 million yuan[62] - Total cost for silicon dioxide products increased by 33.09% to 872,024,066.20 yuan, with material costs rising by 39.10% to 444,276,452.67 yuan[74] - The company's gross profit margin for silica products decreased by 3.49 percentage points year-on-year to 32.83%, mainly due to rising raw material and energy costs[69] - The company's international revenue reached 653.54 million yuan, a year-on-year increase of 46.74%, while domestic revenue increased by 29.18% to 753.85 million yuan[69][72] - The company's silica production volume reached 250,661 tons, a year-on-year increase of 26.87%, with sales volume increasing by 25.18% to 249,679 tons[73] - The company's R&D expenses increased by 76.35% to 57,344,153.03 yuan, with R&D investment accounting for 3.82% of total revenue[79][80] - Monetary funds decreased by 32.69% to 790,369,237.95 yuan, while trading financial assets increased by 1,142.79% to 248,558,197.60 yuan[87] - Accounts receivable increased by 59.66% to 503,747,418.85 yuan due to a 42.42% increase in revenue and longer international logistics cycles[87][88] - Inventory increased by 45.99% to 169,904,342.68 yuan due to increased raw material and finished goods stockpiles[87][88] - Construction in progress increased by 134.68% to 187,138,480.82 yuan[87] - Other payables increased by 225.57% to 40,819,232.76 yuan[87] - The company's overseas assets amounted to RMB 346,042,802.35, accounting for 11.83% of total assets[92] - Restricted assets at the end of the reporting period included RMB 1,614,637.15 in monetary funds for non-financing guarantee deposits, RMB 5,806,646.00 for bank acceptance bill deposits, RMB 245,000,000.00 in trading financial assets for structured deposits, and RMB 80,000,000.00 in other current assets for securities income certificates[92] - The company's procurement volume increased, leading to a rise in accounts payable by RMB 40.36 million, and sales volume increased, resulting in a rise in domestic and international transportation and handling fees payable by RMB 49.90 million[90] - The company's net profit increased, leading to a rise in corporate income tax payable by RMB 5.45 million[90] - The company implemented an employee equity incentive plan, resulting in a restricted stock repurchase obligation of RMB 31.06 million[90] - The Thai baht depreciated against the RMB, causing a foreign currency translation difference in the financial statements of the Thai subsidiary[90] - The company's construction-in-progress increased by RMB 54.94 million due to the progress of fundraising projects, and the Fujian subsidiary's technical renovation project increased by RMB 61.26 million[90] - The company's prepayments for office buildings and employee apartments of RMB 61.73 million were transferred to construction-in-progress[90] - The company's subsidiary, Sanming Afu, reported deductible losses formed during the reporting period[90] - The company's fundraising funds were used to purchase securities income certificates of RMB 80 million[90] - The company's current precipitated silica production capacity is 330,000 tons/year, with an additional 75,000 tons/year under construction, making it the third-largest global producer and the largest in Asia[99] - The company's main raw material, soda ash, saw a significant price increase of 72.68% year-on-year in 2021, with a procurement volume of 45,330.75 tons and a consumption volume of 59,107.50 tons[108] - Sulfur procurement volume was 56,414.56 tons, with a settlement amount of 62,780.99 tons[111] - Natural gas procurement volume was 17,381,885 m³, with a price increase of 6.68% year-over-year[112] - LNG procurement volume was 26,258.23 tons, with a significant price increase of 57.12% year-over-year[112] - Direct sales revenue reached 1,297,466,318.35 RMB, a 37.80% increase year-over-year[113] - The company's derivative financial assets amounted to 3,558,197.60 RMB, with structured deposits totaling 245,000,000.00 RMB[117] - The company aims to achieve a 25% year-over-year revenue growth in 2022, with a target of 25% net profit growth[128] - The company plans to invest 200 million RMB in fundraising projects and 50 million RMB in fixed asset investments using its own funds in 2022[128] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 5 yuan per 10 shares (tax included) for the 2021 fiscal year[5] - The company distributed a cash dividend of RMB 207,009,000 (RMB 5 per 10 shares) for the 2020 fiscal year, based on a total share capital of 414,018,000 shares[42] - The company's cash dividend policy remained unchanged during the reporting period, ensuring the continuity and stability of the profit distribution policy[167] - The company's profit distribution policy complies with relevant regulations, ensuring the protection of small and medium-sized investors' rights and interests[168] Products and Market Position - The company's main products include precipitated silica and high-dispersible silica (HDS), which are widely used in rubber, animal feed, food, pharmaceuticals, and other industries[13] - The company's high-dispersible silica (HDS) is a specialized material used in the manufacturing of green tires, which are known for their low rolling resistance and energy efficiency[13] - The company is one of the world's leading manufacturers of precipitated silica, with a complete industrial chain from raw materials to final products[50] - The company's high-dispersion silica for green tires reduces rolling resistance by approximately 30% and saves 5-7% fuel, significantly contributing to energy conservation and CO2 emission reduction[49] - The company's products are used by 12 out of the top 15 global tire manufacturers and 4 out of the top 5 global vitamin E manufacturers[53][56] - The company is the largest exporter of silica in China, with its "Q&C" brand highly recognized by international and domestic customers[56] - The company's total silica production capacity ranks third globally, with core factories in Wuxi, Jiangsu, and overseas in Thailand, with Wuxi's single factory capacity reaching 150,000 tons, among the world's largest[61] - The company is the world's largest manufacturer of high-dispersion silica for green tires and one of the largest producers of silica for animal feed carriers[99] - The company's sales model is primarily direct sales, accounting for over 90% of total sales, with major clients including 12 of the top 15 global tire manufacturers and 4 of the top 5 global vitamin E manufacturers[100] Research and Development - The company resumed R&D work at its Anhui subsidiary in 2021, developed new silica products for various applications, and achieved progress in small-scale commercial orders, with 7 new patent applications and 2 granted patents[41] - The company plans to develop 2-3 new products or applications annually, focusing on new profit growth points and sustainable performance growth[41] - The company's R&D expenses accounted for more than 3% of its operating revenue in recent years[55] - The company has obtained 34 invention patents and 114 utility model patents, covering specialized production equipment and manufacturing technologies for silica[55] - The company's high-dispersion silica products have been certified by multiple domestic and international tire companies, with certification periods ranging from 1-1.5 years for domestic clients and 2-4 years for international clients[57] - The company's 30,000 tons/year green tire high-dispersion silica production technology won the second prize of the China Petroleum and Chemical Industry Federation Science and Technology Progress Award[55] - In 2021, the company invested 57.34 million yuan in R&D, conducted 11 research projects, and obtained 2 new invention patents and 6 utility model patents[102] - The company has accumulated 148 authorized patents, including 34 invention patents, and has led or participated in the formulation of 16 national and industry standards[102] - The company is focusing on high-value-added products and entering new application fields, with 3 new product varieties developed during the reporting period[123] Corporate Governance and Management - The company's registered address is in Jiangsu Province, China, and its office is located in the Chuangrong Building, Anzhen Street, Xishan District, Wuxi City[16] - The company's stock is listed on the Shanghai Stock Exchange under the ticker symbol 605183[18] - The company's annual report is disclosed through media outlets such as the Shanghai Securities News, China Securities Journal, Securities Times, and Securities Daily[17] - The company's financial report for 2021 has been audited by Lixin Certified Public Accountants, who issued a standard unqualified opinion[4] - The company's subsidiaries include Quechen International, Quechen Thailand, and Quechen Trade, among others[13] - The company's annual report is available for review at the office of the Board Secretary[17] - The company granted 3,569,900 restricted shares to 81 incentive recipients at RMB 8.70 per share to align interests and promote long-term development[43] - The company was awarded the "Advanced Collective in Poverty Alleviation and Assistance Cooperation" by Jiangsu Province and the "Science and Technology Progress Award" by the China Inorganic Salt Industry Association[43] - The company's direct sales account for over 90% of its total sales[51] - The company utilizes waste heat from sulfuric acid production for power generation, improving energy efficiency and reducing CO2 emissions[51][60] - The company's Thailand factory, built under the "Belt and Road" strategy, has effectively reduced logistics and international trade risks while improving international competitiveness[61] - The company established a wholly-owned subsidiary, Wuxi Quean Technology Development Co., Ltd., with a registered capital of 10 million RMB[114] - The company plans to expand overseas production capacity, including the early launch of the second phase of the Thailand plant in 2022[122] - The company's board and supervisory board terms have been extended due to the ongoing nomination process for the new board and supervisory board candidates[145] - Huang Weiyuan was appointed as Vice President on January 5, 2021[145] - The company's third board of directors and supervisory board have completed their terms, and the new board and supervisory board nominations are in progress[145] - Total remuneration for directors, supervisors, and senior management at the end of the reporting period was 4.7514 million yuan[150] - The company held 6 board meetings in 2021, with 5 being in-person and 1 via teleconference[153] - The Audit Committee held 4 meetings in 2021, reviewing financial reports, internal control evaluations, and audit arrangements[156] - The Nomination Committee held 1 meeting in 2021, approving the appointment of a new Vice President[156] - The Remuneration and Assessment Committee held 2 meetings in 2021[156] - The company's board approved 51 proposals during the 13th meeting, including the 2020 annual report and profit distribution plan[152] - The company implemented a restricted stock incentive plan in 2021, with adjustments made to the list of激励对象,授予数量, and授予价格 during the 14th board meeting[152] - The company provided委托贷款续贷 for its wholly-owned subsidiary, Sanming Afu Silicon Materials Co., Ltd.[152] - The company reviewed and approved the 2021 semi-annual report and the special report on the storage and use of raised funds during the 15th board meeting[152] - The company reviewed and approved the 2021 third-quarter report during the 16th board meeting[152] - The company adjusted the 2021 restricted stock incentive plan, reducing the number of incentive recipients from 83 to 81 and the number of restricted shares from 3.7579 million to 3.5699 million. The grant price was adjusted from 9.20 yuan per share to 8.70 yuan per share due to annual dividends[159] - The total number of employees in the parent company and major subsidiaries is 655, with 284 in the parent company and 271 in major subsidiaries. The workforce includes 496 production personnel, 8 sales personnel, 56 technicians, 16 financial personnel, and 79 administrative personnel[161] - The company's employee education levels include 2 with a doctorate, 16 with a master's degree, 113 with a bachelor's degree, 155 with an associate degree, and 369 with high school education or below[161] - The total hours of outsourced labor amounted to 403,262 hours, with a total payment of 15.7089 million yuan[166] - The company's 2021 restricted stock incentive plan granted 3.5699 million shares, increasing the total share capital to 417.5879 million shares[172] - The company's executive, Huang Weiyuan, was granted 200,000 restricted shares at a price of 8.7 yuan per share, with a market value of 3.93 million yuan at the end of the reporting period[173] - The company has established a clear performance evaluation mechanism for senior management, with four performance tiers corresponding to different unlocking ratios of restricted stock[176] - The company revised 28 internal control systems, including the rules of procedure for the three meetings, to improve the internal control system and ensure standardized execution[177] - The company manages subsidiaries through the appointment of directors, supervisors, and senior executives, ensuring standardized and efficient operations[177] - The company received a standard unqualified opinion in its internal control audit report[178] - Chairman and General Manager Que Weidong received a pre-tax remuneration of 1.1088 million yuan[145] - Director Chen Xiaoyan holds 13,485,550 shares with no change during the year and received a pre-tax remuneration of 803,400 yuan[145] - Director and CFO Wang Jin received a pre-tax remuneration of 894,900 yuan[145] - Director Wang Mengjiao received a pre-tax remuneration of 50,000 yuan[145] - Independent Directors Yu Hongmei, Xie Yumei, and Shen Xiaodong each received a pre-tax remuneration of 50,000 yuan[145] - Vice President Huang Weiyuan received 200,000 shares as equity incentive and a pre-tax remuneration of 511,900 yuan[145] - The total pre-tax remuneration for all directors, supervisors, and senior management was 4.7514 million yuan[145] Environmental and Social Responsibility - The company's chemical oxygen demand (COD) emissions were 31.83 tons, well below the national standard of 40 mg/L[180] - Ammonia nitrogen (NH3-N) emissions were 0.54 tons, significantly lower than the national standard of 5 mg/L[180] - Suspended solids emissions were 18.99 tons, below the national standard of 50 mg/L[180] - Sulfuric acid mist emissions were 0.029 tons, meeting the national standard of 10 mg/m3[180] - Particulate matter emissions were 7.98 tons, below the national standard of 10 mg/m3[180] - The company's wastewater treatment facilities have a total capacity of 5,500 tons per day, with Phase I handling 2,300 tons/day and Phase II handling 3,200 tons/day[184] - The company's exhaust gas treatment facilities can handle up to 92,000 m³/h, with 20,000 m³/h for sulfuric acid mist removal and 72,000 m³/h for particulate matter removal[184] - The company's IPO-funded project includes the construction of a 70,000-ton/year water glass and 75,000-ton/year green tire-specific high-dispersibility silica project[185] - The company has implemented a self-monitoring program for environmental compliance, covering exhaust gas, wastewater, and other emissions, with results regularly published online[189] - The company has installed advanced energy-saving equipment, including heat recovery and water reuse systems, to reduce carbon emissions and improve resource utilization[190] - The company is developing new equipment and processes for energy storage, waste heat reuse,

Financial Performance - The company's operating revenue for Q3 2021 was ¥331,458,900.63, representing a year-on-year increase of 17.66%[6] - The net profit attributable to shareholders for the same period was ¥67,636,352.30, reflecting a growth of 24.26% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥66,357,956.05, up 24.29% year-on-year[6] - The basic earnings per share for Q3 2021 was ¥0.16, an increase of 9.64% from the same period last year[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,035,551,771.30, a significant increase of 43.4% compared to ¥722,451,329.74 in the same period of 2020[25] - Net profit for the first three quarters of 2021 was ¥209,796,597.69, representing a 46.2% increase from ¥143,609,271.62 in 2020[28] - Earnings per share for the first three quarters of 2021 was ¥0.51, compared to ¥0.39 in the same period of 2020[28] - The company reported a total comprehensive income of ¥182,128,669.64 for the first three quarters of 2021, compared to ¥123,042,658.20 in 2020[28] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥2,718,902,446.37, showing a slight increase of 0.32% compared to the previous year[8] - As of September 30, 2021, the company's current assets totaled approximately RMB 1.76 billion, a slight increase from RMB 1.73 billion as of December 31, 2020, reflecting a growth of about 2%[20] - Total liabilities increased to approximately RMB 344.87 million from RMB 310.52 million, reflecting a growth of about 11%[22] - The company's total equity attributable to shareholders decreased to approximately RMB 2.37 billion from RMB 2.40 billion, a decline of about 1%[22] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥256,086,590.30, which increased by 54.31% compared to the same period last year[6] - Cash flow from operating activities generated ¥256,086,590.30, up from ¥165,952,753.08 in the first three quarters of 2020[31] - The net cash flow from investing activities was -$403.09 million, compared to -$128.73 million in the previous period[34] - The net cash flow from financing activities was -$207.75 million, an increase from -$81.19 million year-over-year[34] - The total cash and cash equivalents at the end of the period amounted to $793.88 million, up from $515.96 million in the previous period[34] - The company experienced a negative impact of -$2.77 million from exchange rate fluctuations on cash and cash equivalents[34] - The company distributed dividends and interest payments totaling $209.11 million, significantly higher than $76.76 million in the previous period[34] Operational Efficiency and Strategy - The company plans to expand its market presence through new product development and strategic partnerships in the upcoming quarters[24] - The company has allocated resources for research and development, focusing on innovative technologies to enhance product offerings[24] - The company aims to improve operational efficiency and reduce costs through process optimization and technology integration[24] Research and Development - Research and development expenses rose to ¥37,493,582.48, a 73% increase compared to ¥21,682,224.99 in the same period last year[25] Shareholder Information - The total number of common shareholders at the end of the reporting period was 15,532, with the largest shareholder holding 59.35% of the shares[14] - The company raised ¥624,715,956.65 from its IPO in December 2020, leading to an increase in total shares and a dilution of earnings per share[9] Miscellaneous - The weighted average return on equity for the reporting period was 2.88%, a decrease of 0.31 percentage points year-on-year[6] - The company reported a net profit margin of approximately 38% for the first nine months of 2021, consistent with the previous year's performance[24] - The company's cash and cash equivalents decreased to approximately RMB 798.91 million from RMB 1.17 billion, representing a decline of about 32%[18] - Accounts receivable increased to approximately RMB 354.10 million, up from RMB 315.51 million, indicating a growth of about 12%[18] - Inventory rose to approximately RMB 145.74 million, compared to RMB 116.38 million, marking an increase of about 25%[20] - Total operating costs increased to ¥788,524,329.46, up 39.3% from ¥566,144,023.81 in the previous year[25] - The company’s total operating profit for the first three quarters of 2021 was ¥251,332,334.39, an increase from ¥156,868,138.79 in 2020[25] - The company’s tax expenses for the first three quarters of 2021 were ¥43,979,709.59, compared to ¥18,500,445.13 in the same period last year[25] - The beginning cash and cash equivalents balance was $1.15 billion, indicating a strong liquidity position at the start of the period[34] - The cash flow from operating activities was not detailed but is critical for assessing overall performance[34] - The company has not adopted the new leasing standards as of the reporting date[34] - The financial report was presented by key executives including the company leader and accounting heads, ensuring accountability and transparency[34]

Financial Performance - The company reported no profit distribution or capital reserve transfer for the first half of 2021[6]. - The financial report for the first half of 2021 has not been audited[5]. - The company's operating revenue for the first half of the year reached ¥704,092,870.67, representing a 59.75% increase compared to the same period last year[22]. - Net profit attributable to shareholders was ¥142,160,254.01, marking a 59.41% increase year-over-year[22]. - Basic earnings per share increased to ¥0.34, a rise of 41.67% compared to the same period last year[22]. - The total operating revenue for the first half of 2021 reached ¥704,092,870.67, a 59.8% increase compared to ¥440,746,225.95 in the same period of 2020[135]. - Net profit for the first half of 2021 was ¥142,160,248.06, representing a 59.4% increase from ¥89,178,354.30 in the first half of 2020[136]. - The total profit for the first half of 2021 was approximately ¥133 million, a 12.7% increase from ¥118 million in the same period of 2020[141]. Research and Development - The company has invested over 3% of its operating revenue in R&D annually, enhancing its technological leadership in precipitated silica[30]. - The company has obtained 33 invention patents and 114 utility model patents, covering production equipment and technology[32]. - Research and development expenses increased to ¥23,744,580.93, up from ¥12,908,385.12 in the first half of 2020, indicating a focus on innovation[135]. - The company has made significant investments in R&D, with R&D expenses increasing by 83.95% to 12.91 million yuan, focusing on expanding silica applications in various fields[41]. Production and Capacity - The company has a total production capacity of 330,000 tons, ranking third globally in the silica industry[27]. - The production volume of silica products was 123,861 tons, with sales volume at 124,351 tons, marking a significant year-on-year increase of approximately 49%[39]. - The company’s total silica production capacity ranks third globally, with a core factory in Wuxi having a capacity of 150,000 tons, among the highest in the world[36]. Market and Sales - The company focuses on high-performance materials for green tires and animal feed carriers, with significant growth in both export and domestic sales[27]. - The sales volume of high-dispersible silica surged by about 84% year-on-year, reaching a historical high, driven by the recovery of overseas markets and the increase in domestic tire greenification rates[39]. - The company achieved operating revenue of 704.09 million yuan, a year-on-year increase of 59.75%[39]. Financial Position - Cash and cash equivalents decreased by 38.26% to ¥724,990,838.43, accounting for 27.08% of total assets[45]. - Trade receivables increased by 21.77% to ¥384,199,826.96, representing 14.35% of total assets[45]. - Inventory rose by 17.78% to ¥137,082,352.46, making up 5.12% of total assets[45]. - Total assets decreased from ¥2,710,329,921.44 to ¥2,676,796,180.14, a decline of approximately 1.24%[126]. - Total liabilities increased from ¥310,519,562.87 to ¥361,393,765.54, an increase of approximately 16.36%[127]. Environmental Compliance - The company reported actual emissions of chemical oxygen demand at 13.47 tons, which is compliant with the local discharge standards[71]. - The company’s wastewater treatment facility has a processing capacity of 2,300 tons per day and is operating normally[75]. - The company has implemented a self-monitoring plan for environmental protection, ensuring compliance with national and local pollutant discharge standards[82]. - The company has upgraded its coal-fired boilers to gas boilers to improve energy efficiency and reduce pollutant emissions[87]. Corporate Governance - The board of directors confirmed that all members attended the meeting, ensuring the accuracy and completeness of the report[5]. - The company has committed to maintaining stock lock-up periods for its major shareholders for 36 months post-IPO, ensuring stability in shareholding[90]. - The company has committed to not transferring or misusing company assets for personal investments or consumption activities[93]. - There are no significant lawsuits or arbitration matters reported during the reporting period[99]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[136]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product portfolio[193]. - Market expansion efforts are underway, targeting new geographical regions to increase market share and revenue streams[193].