Glass fiber production and sales
CCBM's FY2001 business included glass fiber and products, building-plastics flooring, PVC pipes and fittings, and the leasing or operation of merchandise and building-materials markets. The operating narrative reports glass-fiber production of 50,500 tonnes and sales of 54,000 tonnes, up 44.3% and 31.7% respectively. Production and sales are different flows; neither is installed design capacity, and the report does not provide an inventory-volume bridge that explains their difference. The new 16,000-tonne line reached its design output, while the acquired Jiujiang factory produced 17,400 tonnes after technical upgrades. Jiujiang's actual annual output must not be replaced by the design rating of a specific renovation. The overview also reports glass-fiber revenue of CNY 444.29 million and profit of CNY 54.988 million, whereas its industry table gives CNY 461.698 million of glass-fiber revenue and the financial note gives CNY 449.83603494 million. The report does not reconcile those boundaries. Management's first- and second-half Jushi profit figures also do not simply reconcile to the overview profit. This reader keeps the overview, subsidiary narrative and formal financial-note scopes separate.