This is an English translation version of the Annual Report 2021 of
ChongqingZaishengTechnologyCo.,Ltd（《重庆再升科技股份有限公司 2021 年年度报告》）whichisdisclosedonwww.sse.com.cn,theofficialwebsiteofShanghaiStock Exchange.
If there is any inconsistency between the contents of this version and the
Chinese version, the Chinese version shall prevail.
All financial data in this report on PRC accounting standards.
CONTET
Chapter 1 Interpretation...... 4
Chapter 2 Company Profile and Key Financial Indicators...... 6
Chapter 3 Management Discussion and Analysis...... 14
Chapter 4 Company Governance...... 138
Chapter 5 Environmental and Social Responsibility ...... 159
Chapter 6 Important Matters...... 163
Chapter 7 Changes in Shares and Shareholders ...... 171
Chapter 9 financial report ...... 182
Chapter 1 Interpretation
In this report, unless the context otherwise requires, the terms are translated
as follows:
Zisun: Chongqing Zaisheng Technology Co.，Ltd
Current period, Reporting Period: the Year of 2021
Last Term, The Previous Year, Last Year: the year of 2020
2021 Convertible Bonds:AShare Convertible Bonds of Zisun Planed In 2021
CleanAir Products: Micro Glass Fiber Filter Media, Composite Micro Glass Fiber
Filter Media, Glass Fiber Filter Bag, CleanAir Equipment, Melt-Blown Filter
Material, PTFE Membrane, etc.
High Efficiency and Energy Saving Products: Vacuum Insulation Panel Core
Material, Inorganic Fiber Sprayed Glass Fiber,Absorbed Glass Mat Separator,
Ultra-Fine Micro Glass Fiber, Sound Insulation Mat, High Silica Fiber and Other
Products
VIPCore Material: Vacuum Insulation Panel Core Material
AGM Separator: Absorbed Glass Mat Separator
Melt-Blown Filter Material: Melt-Blown Chemical Fiber Filter Material
PTFE: Polytetrafluoro ethylene
TROX: TROX TECHNIK GmbH.
HVAC: Heating, Ventilation andAir Condition
MPCompany: Microporous LLC
EUCEB: European Certification Board for Mineral fiber Products
Fraunhofer: Fraunhofer-Gesellschaft
RoHS: Restriction of Hazardous Substances
REACH: Registration，Evaluation andAuthorization of Chemicals
MPPS: Most Penetrating Particle Size
Articles of Association: The Articles of Association of Chongqing Zaisheng
Technology Co., Ltd
SSE: Shanghai Stock Exchange
Yuan: RMB in Chinese Yuan
N/A: Not applicable
Chapter 2 Company Profile and Key Financial Indicators
Ⅰ. Company Information
Company Name in Chinese：重庆再升科技股份有限公司
Company Name：CHONGQING ZAISHENG TECHNOLOGY CO., LTD
Abbreviation of company name：ZAISHENG TECHNOLOGY
Legal representative of the company：Mr. GUO Mao
Ⅱ. Contact and Contact Information
Board Secretary SecuritiesAffairs Representative
Name Ms. XIE Jia Ms. LIU Jiapei
Add. No. 1, Chanyi Road, Huixing Street, Yubei District, Chongqing
Phone 86-023-88651610
Fax 86-023-88202892
E-mailAdd zskjzqb@cqzskj.com
Ⅲ. Basic Introduction
RegisteredAddress No. 1, Chanyi Rd., Huixing St., Yubei Dist., Chongqing
Historical Changes of In Jan. 2020, it changes from No.197, Lianggang Ave.
RegisteredAddress Yuebei Dist., Chongqing (IPOAdd.) to the present one.
OfficialAddress No. 1, Chanyi Rd., Huixing St., Yubei Dist., Chongqing
Postal Code 401120
Website www.cqzskj.com
E-mail mail@cqzskj.com
Ⅳ. Information Disclosure and Storage Location
The name and website of the media where the companydiscloses its annual report:
Shanghai Securities News (www.cnstock.com)
China Securities News (www.cs.com.cn)
Securities Times (www.stcn.com)
Securities Daily- (www.zqrb.cn)
The website of the stock exchange where the company discloses its annual report:
Shanghai Stock Exchange, www.sse.com.cn
Location of company annual report: No. 1, Chanyi Rd., Huixing St., Yubei Dist.,
Chongqing
V. Stock Profile
Stock Type Stock Exchange Stock Abbreviation Stock Code
A Share Shanghai Stock Exchange ZAISHENG TECHNOLOGY 603601
Ⅵ. Other Relevant Information
(1)Accounting firm hired by the company (domestic):
Name: Baker Tilly China Certified PublicAccountants (Baker Tilly China)
Office Add.: Areas A-1 and A-5, Building 68, No. 19, Chegongzhuang West
Rd., Haidian Dist., Beijing
SigningAccountant: Mr. SHEN Jun, Mr. HUANG Luyao
(2) Sponsor of Performance continuous supervision duties during the reporting
period：
Name: Huafu Securities Co., Ltd.
Office Add.: Floor 3rd, 4th and 5th, Building 1#, No. 27, Guping Rd., Gulou
Dist., Fuzhou City, Fujian Province
Sponsor representative name: Mr. CHEN Canxiong, Mr. Dai Kunzu
Period of continuous supervision: From 2020-5-9 to 2022-12-31
Ⅶ. MajorAccounting Data and Financial Indicators in The Past Three Years
1. Key Financial Data
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