Zhejiang NHU Company Ltd.
2021 Semi-Annual Report
August, 2021
Section I Important Notes, Contents and Definitions
The Board of Directors, the Board of Supervisors, directors, supervisors
and senior executives of the Company hereby guarantee that the information
presented in this semi-annual report is authentic, accurate, complete and free of
any false records, misleading statements or material omissions, and they will
bear joint and several liabilities for such information.
Hu Baifan, the Company’s legal representative, Shi Guanqun, the person in
charge of finance and accounting work, and Wang Xiaobi, the person in charge
of accounting institution (Accounting Officer) hereby declare and warrant that
the financial statements in the semi-annual report are authentic, accurate and
complete.
All directors attended the meeting of the Board of Directors for deliberation
of this annual report.
Profit distribution proposal of semi-annual report or proposal on
capitalization of capital reserves reviewed by the Board of Directors in the
reporting period: The Company will not distribute cash dividend, distribute
bonus shares, or distribute shares from capital reserve during the current
reporting period.
Note:
This document is a translated version of the Chinese version 2021 Semi-Annual Report
(“2021 年半年度报告”), and the published announcements in the Chinese version shall
prevail. The complete published Chinese 2021 semi-Annual Report maybe obtained at
www.cninfo.com.cn.
Contents
Section I Important Notes, Contents and Definitions......2
Section II Company Profile and Key Financial Indicators ......5
Section III Management Discussion andAnalysis ......9
Section IV Corporate Governance ......27
Section V Environmental and Social Responsibilities......27
Section VI Significant Events ......38
Section VII Changes in Shares and Information about Shareholders......48
Section VIII Information of Preferred Shares......56
Section IX Situation on Corporate Bonds......57
Section X Financial Report ......58
Section XI DocumentsAvailable for Reference ......200
Definitions
Item Refers To Definitions
Company, the Company and NHU Refers To Zhejiang NHU Company Ltd.
CSRC Refers To China Securities Regulatory Commission
Zhejiang Regulatory Bureau of China Securities Regulatory
Zhejiang Securities Regulatory Bureau Refers To
Commission
PPS Refers To Polyphenylene sulfide
PPA Refers To Poly phthalamide
COD Refers To chemical oxygen demand
NOX Refers To nitrogen oxides
SO₂ Refers To Sulphur dioxide
VOC Refers To volatile organic compound
Xinchang Vitamins Refers To Xinchang NHU Vitamins Co., Ltd.
Zhejiang VYS Refers To Zhejiang Vityesun Animal Nutrition And Health Co., Ltd.
Boao Lidu Refers To Qionghai Boao Lidu Real Estate Co., Ltd.
NHU Import & Export Refers To Zhejiang NHU Import&Export Co., Ltd.
Shangyu Bio-Chem Refers To Shangyu NHU Bio-Chem Co., Ltd.
Zhejiang Pharmaceutical Refers To Zhejiang NHU Pharmaceutical Co., Ltd.
Zhejiang Special Materials Refers To Zhejiang NHU Construction Material Co., Ltd.
Shandong Pharmaceutical Refers To Shandong NHU Pharmaceutical Co., Ltd.
Shandong Vitamins Refers To Shandong NHU Vitamins Co., Ltd.
Shandong NHU Fine Chemical Science and Technology CO.,
Shandong Jinghua Refers To
LTD.
ShandongAmino-acids Refers To Shandong NHUAmino-acids Co., Ltd.
Shandong Holding Refers To Shandong NHU Holdings Co., Ltd.
Heilongjiang Biological Technology Refers To Heilongjiang NHU Biotechnology Co., Ltd.
NHU (Hong Kong) Refers To NHU (HONGKONG) TRADING COMPANY LIMITED
Section II Company Profile and Key Financial Indicators
I. Company Profile
StockAbbreviation NHU Stock Code 002001
Stock Exchange Shenzhen Stock Exchange
Company Name in Chinese 浙江新和成股份有限公司
CompanyAbbreviation in Chinese (If
any) NHU
Company Name in Foreign Language
ZHEJIANG NHU COMPANY LTD.
(If any)
CompanyAbbreviation in Foreign
Language (If any) NHU
Legal Rep