ANLI(SZ:300218)2022-12-03 09:48Group 1: Financial Performance - The main reasons for the company's loss in 2017 include a significant increase in raw material prices, with chemical material prices rising by approximately 30%-50%, fabric prices by 10%-20%, and energy prices by around 50% [3] - The company experienced a foreign exchange loss of 19.01 million due to a 6.51% depreciation of the US dollar against the RMB, impacting its export business [3] - The implementation of a clean energy project led to a loss of 10.37 million from the disposal of coal-fired boilers and fixed asset impairment [3] - Fixed asset depreciation reached 106.04 million, an increase of 7.71 million compared to the previous year, while cash inflow remained strong [3] - Research and development expenses amounted to 80.80 million, an increase of 2.43 million from the previous year [4] Group 2: Strategic Responses - The company closely monitors exchange rate fluctuations and engages in foreign exchange derivative transactions to mitigate risks and reduce foreign exchange losses [4] - Currently, the company's products are not included in the US tariff list amid the US-China trade war [4] - The company has no plans for bond issuance as its cash flow is currently stable [4] - An employee stock ownership plan was implemented in 2017 and remains active, with no new plans for additional programs [4] - The company aims to focus on the polyurethane composite new materials sector and plans to strengthen its competitive advantages over the next 3-5 years [5]