Financial Performance - Operating revenue rose by 55.46% to CNY 77.79 billion for the first nine months of the year[7] - Net profit attributable to shareholders increased by 111.20% to CNY 20.72 billion year-on-year[7] - Basic earnings per share reached CNY 3.9092, reflecting a 111.20% increase compared to the same period last year[7] - The group's net profit attributable to shareholders increased by 151.43% year-on-year, driven by higher product sales and prices[16] - Net profit attributable to shareholders for the first nine months was ¥64,513,631,526, compared to ¥56,425,289,201 in the previous year, marking an increase of 14.8%[30] - In Q3 2018, the company reported a net profit of ¥7,993,344,462, an increase from ¥3,194,940,545 in the same period last year, representing a growth of approximately 150%[34] - The total profit for the period reached ¥10,284,755,163, compared to ¥4,131,139,869 in Q3 2017, marking an increase of about 148%[34] Cash Flow - Net cash flow from operating activities surged by 134.28% to CNY 20.64 billion for the first nine months[7] - The cash inflow from sales of goods and services reached ¥99.47 billion, a significant increase of 57.5% compared to ¥63.07 billion in the same period last year[42] - The net cash flow from operating activities amounted to ¥20.64 billion, up 134.5% from ¥8.81 billion year-on-year[42] - The total cash inflow from investment activities was ¥26.64 billion, compared to ¥20.79 billion in the previous year, marking a 28.7% increase[43] - The net cash flow from investment activities was -¥2.56 billion, an improvement from -¥5.52 billion in the same period last year[43] - The cash outflow for financing activities totaled ¥11.17 billion, compared to ¥6.02 billion in the previous year, reflecting a 85.5% increase[43] - The net cash flow from financing activities was -¥10.15 billion, worsening from -¥4.14 billion year-on-year[43] - The cash and cash equivalents at the end of the period stood at ¥18.39 billion, significantly up from ¥4.92 billion at the end of the same period last year[43] Assets and Liabilities - Total assets increased by 13.49% to CNY 138.62 billion compared to the end of the previous year[7] - The balance of other receivables increased by 109.62% compared to the beginning of the year, mainly due to an increase in purchased financial products[13] - The balance of inventory increased by 37.48% compared to the beginning of the year, attributed to a rise in the quantity of inventory goods[13] - The balance of investment properties increased by 41.57% compared to the beginning of the year, due to leasing out idle properties[13] - The balance of contract liabilities rose to 5.69 billion yuan from zero at the beginning of the year, reflecting increased sales and procurement activities[13] - The balance of non-current liabilities due within one year decreased by 38.69% compared to the beginning of the year, as the group repaid maturing corporate bonds and bank loans[13] - The total liabilities decreased slightly to ¥13,285,340,439 from ¥13,872,441,751, a reduction of 4.2%[29] Shareholder Information - The total number of shareholders reached 74,735 by the end of the reporting period[10] - The largest shareholder, Anhui Conch Group, holds 36.40% of the shares, totaling 1,928,870,014 shares[10] Research and Development - Research and development expenses rose by 80.27% year-on-year, primarily due to increased investment in new product development, including refractory materials[15] - Research and development expenses for the first nine months were ¥45,474,335, compared to ¥28,615,322 in the previous year, indicating a significant increase of 59.0%[33] Financial Standards and Regulations - The company has implemented new accounting standards effective from January 1, 2018, impacting the presentation of certain financial statement items[12] Financial Expenses - Financial expenses decreased by 228.87% year-on-year, mainly due to reduced interest expenses and increased interest income[15] - The company incurred a financial expense of ¥-314,161,562 in Q3 2018, compared to ¥-143,413,118 in the same period last year, indicating a significant increase in financial costs[38]

Financial Performance - Net profit attributable to shareholders for the first half of 2018 was RMB 12.94 billion, representing a 92.68% increase year-on-year[18]. - Operating revenue for the first half of 2018 was RMB 45.74 billion, up 43.36% from the same period in 2017[18]. - Basic earnings per share for the first half of 2018 were RMB 2.44, a 92.68% increase from RMB 1.27 in the same period of 2017[18]. - The company's operating profit rose by 89.78% year-on-year, while total profit increased by 86.71%[38]. - The total profit for the six months was RMB 17,185,657,196, which is an increase of 86.5% from RMB 9,204,536,860 in the same period of 2017[165]. - The total comprehensive income for the period was RMB 13,237,590,459, compared to RMB 6,765,468,024 in 2017, indicating an increase of about 95.5%[167]. - The net profit after deducting non-recurring gains and losses was RMB 12.74 billion, reflecting a 148.76% increase year-on-year[18]. Assets and Liabilities - Total assets as of June 30, 2018, reached RMB 124.33 billion, an increase of 1.79% compared to the beginning of the year[18]. - The company reported a total liability reduction of 15.83%, decreasing from CNY 30.45 billion to CNY 25.63 billion[21]. - Total liabilities decreased from RMB 30.18 billion as of December 31, 2017, to RMB 25.38 billion as of June 30, 2018, a reduction of approximately 15%[153]. - Shareholders' equity attributable to the listed company reached CNY 95.92 billion, up 7.28% year-on-year, with a net asset value per share of CNY 18.10, an increase of CNY 1.23 per share[47]. Cash Flow - The net cash flow from operating activities for the first half of 2018 was RMB 11.95 billion, a significant increase of 136.70% compared to the previous year[18]. - Cash flow from operating activities was RMB 11,946,486,450, significantly higher than RMB 5,047,043,412 in the same period last year, representing an increase of about 136.5%[174]. - The ending cash and cash equivalents balance as of June 30, 2018, was CNY 7,294,671,359, down from CNY 3,835,965,296 at the end of June 30, 2017[181]. Market and Production - The company’s clinker production capacity reached 248 million tons, while cement production capacity was 344 million tons as of the reporting period[30]. - The net sales volume of cement and clinker was 143 million tons, a year-on-year increase of 6.87%, with self-produced sales volume at 137 million tons[34]. - Revenue from the eastern region increased by 53.37%, while the central region saw a 42.99% increase, both benefiting from significant sales price increases[36]. - The cement industry saw a nationwide production of approximately 997 million tons in the first half of 2018, a slight decrease of 0.6% year-on-year[23]. Environmental Compliance - The company reported a total of 1,188 and 2,375 for sulfur dioxide emissions at the kiln tail, with limits set at 200 and 400 respectively[91]. - Nitrogen oxide emissions at the kiln tail were recorded at 2,241 and 6,150, exceeding the regulatory limit of 400[91]. - The company is focused on improving compliance with GB4915-2013 standards across all plants[91]. - The company plans to enhance its emission control technologies to meet stricter environmental regulations[91]. - The company has set a target to reduce nitrogen oxide emissions by 20% over the next fiscal year, aligning with sustainability goals[92]. Investments and Acquisitions - The company established a joint venture in February 2018 with Victori International Pte. Ltd., contributing $22 million for a 55% stake in Wuhu Southeast Asia International Trade Co., Ltd., with a total registered capital of $40 million[57]. - The company plans to continue its international development strategy, focusing on projects in Laos, Myanmar, Russia, and Uzbekistan, while also seeking domestic acquisition opportunities[54]. - The company is exploring potential acquisitions to strengthen its market position and expand its operational footprint[91]. Shareholder Information - As of the end of the reporting period, the company had 144 wholly-owned subsidiaries, 6 joint ventures, and 2 associated companies, with no single subsidiary's net profit impacting the company's net profit by more than 10%[62]. - The largest shareholder, Conch Group, holds 1,928,870,014 shares, representing 36.40% of total shares[112]. - The total number of issued shares remains unchanged at 5,299,302,579, with A-shares at 3,999,702,579 (75.48%) and H-shares at 1,299,600,000 (24.52%)[112]. Corporate Governance - The company has established an audit committee to oversee financial reporting processes and internal controls, ensuring compliance with applicable regulations[68]. - The company has adopted a behavior code for securities transactions that meets or exceeds the standards set by the stock exchange[127]. - The company has complied with the relevant provisions of the corporate governance code during the reporting period[126].

证券代码：600585 证券简称：海螺水泥 编号：临 2018-18 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 2018 年半年度业绩预增公告 重要内容提示： 公司按照中国企业会计准则对2018年半年度经营业绩进行测算，预计2018年 半年度实现归属于上市公司股东的净利润与上年同期相比增加53.73亿元人民 币～67.17亿元人民币，同比增加80%～100%。 一、本期业绩预告情况 （一）业绩预告期间：2018年1月1日至2018年6月30日。 （二）业绩预告情况： 1、经本公司财务部门初步测算，预计2018年半年度实现归属于上市公司股东 的净利润与上年同期（法定披露数据）相比将增加53.73亿元人民币～67.17亿元 人民币，同比增加80%～100%。 2、归属于上市公司股东的扣除非经常性损益的净利润与上年同期（法定披露 数据）相比，将增加66.60亿元人民币～76.85亿元人民币，同比增加130%～150%。 （三）本次所预计的业绩未经注册会计师审计。 二、上年同期业绩情况 （一）归属于上市公司股东的净利润：67.17亿元人民币。归属于上市公司股 本公 ...

[Item I. Important Notice](index=3&type=section&id=Item%20I.%20Important%20Notice) [Board Statement and Report Audit Status](index=3&type=section&id=1.1-1.4) The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the report, with all directors attending the board meeting, and this quarterly report remains unaudited - The company's management guarantees the truthfulness, accuracy, and completeness of this quarterly report, free from false records, misleading statements, or material omissions[7](index=7&type=chunk) - This company's Q1 2018 report is unaudited[7](index=7&type=chunk) [Item II. Company Overview](index=3&type=section&id=Item%20II.%20Company%20Overview) [2.1 Key Financial Data](index=3&type=section&id=2.1%20Key%20Financial%20Data) In Q1 2018, the company achieved strong performance growth, with operating revenue increasing by 37.59% year-on-year and net profit attributable to parent company shareholders surging by 121.90% year-on-year, while total assets and net assets steadily increased from the end of the previous year 2018 Q1 Key Financial Indicators | Indicator | Current Period | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue (Billion Yuan) | 18.77 | 13.64 | 37.59% | | Net Profit Attributable to Parent Company Shareholders (Billion Yuan) | 4.78 | 2.15 | 121.90% | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-Recurring Items) (Billion Yuan) | 4.67 | 1.55 | 200.69% | | Net Cash Flow from Operating Activities (Billion Yuan) | 3.05 | 2.20 | 38.89% | | Basic Earnings Per Share (Yuan/share) | 0.9016 | 0.40632 | 121.90% | | Weighted Average Return on Net Assets (%) | 5.21% | 2.77% | Increased by 2.44 percentage points | Key Balance Sheet Indicators at Period-End | Indicator | End of Current Period | End of Prior Year | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets (Billion Yuan) | 124.40 | 122.14 | 1.85% | | Net Assets Attributable to Parent Company Shareholders (Billion Yuan) | 94.11 | 89.41 | 5.26% | Non-Recurring Gains and Losses Items | Item | Amount (Million Yuan) | | :--- | :--- | | Government Grants | 116.77 | | Wealth Management Income | 18.59 | | **Total** | **104.30** | [2.2 Total Shareholders, Top Ten Shareholders, and Top Ten Non-Restricted Shareholders at Period-End](index=4&type=section&id=2.2%20Total%20Shareholders%2C%20Top%20Ten%20Shareholders%2C%20and%20Top%20Ten%20Non-Restricted%20Shareholders%20at%20Period-End) As of the end of the reporting period, the company had 97,473 shareholders, with the top two shareholders, Anhui Conch Group Co., Ltd. and Hong Kong Securities Clearing Company Nominees Limited, holding over 60% combined, indicating a stable equity structure - At the end of the reporting period, the company had **97,473 shareholders**[9](index=9&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Number of Shares (Billion) | Proportion (%) | | :--- | :--- | :--- | | Anhui Conch Group Co., Ltd. | 1.93 | 36.40 | | Hong Kong Securities Clearing Company Nominees Limited | 1.30 | 24.50 | | China Securities Finance Corporation Limited | 0.23 | 4.28 | | Anhui Conch Venture Investment Co., Ltd. | 0.22 | 4.14 | [2.3 Total Preferred Shareholders, Top Ten Preferred Shareholders, and Top Ten Non-Restricted Preferred Shareholders at Period-End](index=5&type=section&id=2.3%20Total%20Preferred%20Shareholders%2C%20Top%20Ten%20Preferred%20Shareholders%2C%20and%20Top%20Ten%20Non-Restricted%20Preferred%20Shareholders%20at%20Period-End) At the end of the reporting period, the company had no preferred shareholders - The company had no preferred shareholder holdings at the end of this reporting period[10](index=10&type=chunk) [Item III. Significant Matters](index=5&type=section&id=Item%20III.%20Significant%20Matters) [3.1 Significant Changes and Reasons for Major Accounting Statement Items and Financial Indicators](index=5&type=section&id=3.1%20Significant%20Changes%20and%20Reasons%20for%20Major%20Accounting%20Statement%20Items%20and%20Financial%20Indicators) During the reporting period, several of the company's financial indicators underwent significant changes, primarily driven by a year-on-year increase in product sales prices, leading to substantial growth in key profitability metrics such as operating revenue, operating profit, and net profit, all exceeding 100% year-on-year, while cash flow remained strong with a 38.89% increase in net operating cash flow - Operating revenue increased by **37.59%** year-on-year, primarily due to a year-on-year increase in product sales prices[12](index=12&type=chunk) - Operating profit, total profit, net profit, and net profit attributable to parent company shareholders increased by **120.55%**, **114.19%**, **114.92%**, and **121.90%** year-on-year, respectively, also primarily due to an increase in product sales prices[13](index=13&type=chunk) - Net cash flow from operating activities increased by **38.89%** year-on-year, benefiting from higher product prices and increased operating revenue[13](index=13&type=chunk) - Investment income decreased by **82.32%** year-on-year, mainly because the disposal of shares in some peer listed companies in the prior year resulted in a higher base[12](index=12&type=chunk) - The balance of financial assets measured at fair value through profit or loss increased significantly by **332.46%** from the beginning of the year, primarily due to changes in the fair value of forward financial products held[11](index=11&type=chunk) [3.2 Progress of Significant Matters, Their Impact, and Analysis of Solutions](index=6&type=section&id=3.2%20Progress%20of%20Significant%20Matters%2C%20Their%20Impact%2C%20and%20Analysis%20of%20Solutions) During the reporting period, the company had no significant matters requiring disclosure - There were no significant matters, their progress, impact, or analysis of solutions requiring disclosure during the reporting period[14](index=14&type=chunk) [3.3 Unfulfilled Commitments Beyond Due Date During the Reporting Period](index=7&type=section&id=3.3%20Unfulfilled%20Commitments%20Beyond%20Due%20Date%20During%20the%20Reporting%20Period) During the reporting period, the company had no unfulfilled commitments beyond their due date - The company had no unfulfilled commitments beyond their due date during the reporting period[15](index=15&type=chunk) [3.4 Warning and Explanation Regarding Potential Loss or Significant Change in Cumulative Net Profit from Year-Beginning to End of Next Reporting Period](index=7&type=section&id=3.4%20Warning%20and%20Explanation%20Regarding%20Potential%20Loss%20or%20Significant%20Change%20in%20Cumulative%20Net%20Profit%20from%20Year-Beginning%20to%20End%20of%20Next%20Reporting%20Period) The company has not forecasted cumulative net profit for the end of the next reporting period nor issued any warnings regarding significant changes - The company has not issued any warning or explanation regarding a potential loss or significant change in cumulative net profit from the beginning of the year to the end of the next reporting period[17](index=17&type=chunk) [Item IV. Appendix](index=8&type=section&id=Item%20IV.%20Appendix) [4.1 Financial Statements](index=8&type=section&id=4.1%20Financial%20Statements) The financial statements section includes unaudited consolidated and parent company balance sheets, income statements, and cash flow statements, comprehensively reflecting the company's financial position, operating results, and cash flows for Q1 2018 [Consolidated Balance Sheet](index=8&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2018, the company's total assets were **124.40 billion Yuan**, an increase of 1.85% from the beginning of the year, with net assets attributable to the parent company at **94.11 billion Yuan**, up 5.26%, maintaining a robust asset structure, while total liabilities decreased from **30.18 billion Yuan** to **27.48 billion Yuan** from the beginning of the year Consolidated Balance Sheet Key Items (Billion Yuan) | Item | 2018-03-31 | 2017-12-31 | Change | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 26.22 | 24.76 | +5.88% | | Total Assets | 124.40 | 122.14 | +1.85% | | Total Liabilities | 27.48 | 30.18 | -8.93% | | Equity Attributable to Parent Company Owners | 94.11 | 89.41 | +5.26% | | Total Liabilities and Owners' Equity | 124.40 | 122.14 | +1.85% | [Parent Company Balance Sheet](index=10&type=section&id=Parent%20Company%20Balance%20Sheet) As of March 31, 2018, the parent company's total assets were **102.89 billion Yuan**, a 7.87% increase from the beginning of the year, with owner's equity at **90.22 billion Yuan**, up 10.68%, primarily due to significant increases in other receivables and dividends receivable Parent Company Balance Sheet Key Items (Billion Yuan) | Item | 2018-03-31 | 2017-12-31 | Change | | :--- | :--- | :--- | :--- | | Other Receivables | 31.07 | 27.32 | +13.72% | | Long-term Equity Investments | 41.04 | 40.73 | +0.75% | | Total Assets | 102.89 | 95.38 | +7.87% | | Total Liabilities | 12.67 | 13.87 | -8.65% | | Total Owners' Equity | 90.22 | 81.51 | +10.68% | [Consolidated Income Statement](index=13&type=section&id=Consolidated%20Income%20Statement) In Q1 2018, the company achieved operating revenue of **18.77 billion Yuan**, a 37.59% year-on-year increase, with net profit attributable to parent company shareholders reaching **4.78 billion Yuan**, a significant 121.90% year-on-year surge, indicating substantially enhanced profitability Consolidated Income Statement Key Items (Billion Yuan) | Item | 2018 Q1 | 2017 Q1 | YoY Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 18.77 | 13.64 | +37.59% | | Operating Profit | 6.19 | 2.81 | +120.55% | | Total Profit | 6.31 | 2.95 | +114.19% | | Net Profit Attributable to Parent Company Shareholders | 4.78 | 2.15 | +121.90% | | Basic Earnings Per Share (Yuan/share) | 0.90 | 0.41 | +119.51% | [Parent Company Income Statement](index=14&type=section&id=Parent%20Company%20Income%20Statement) In Q1 2018, the parent company's operating revenue was **0.54 billion Yuan**, largely consistent with the prior year, but net profit reached **8.75 billion Yuan**, an 86.82% year-on-year increase, primarily due to a substantial rise in investment income to **8.50 billion Yuan** (compared to **4.72 billion Yuan** in the prior year) Parent Company Income Statement Key Items (Billion Yuan) | Item | 2018 Q1 | 2017 Q1 | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 0.54 | 0.53 | +1.31% | | Investment Income | 8.50 | 4.72 | +80.18% | | Net Profit | 8.75 | 4.69 | +86.82% | [Consolidated Cash Flow Statement](index=16&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2018, the company's net cash flow from operating activities was **3.05 billion Yuan**, a 38.89% year-on-year increase, demonstrating strong core business cash generation, with net cash inflow from investing activities of **1.84 billion Yuan**, mainly due to investment recovery, and net cash outflow from financing activities of **0.92 billion Yuan**, while cash and cash equivalents balance increased to **14.38 billion Yuan** at period-end Consolidated Cash Flow Statement Key Items (Billion Yuan) | Item | 2018 Q1 | 2017 Q1 | Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 3.05 | 2.20 | +38.89% | | Net Cash Flow from Investing Activities | 1.84 | 0.27 | +574.73% | | Net Cash Flow from Financing Activities | -0.92 | 0.47 | -297.98% | | Net Increase in Cash and Cash Equivalents | 3.95 | 2.94 | +34.51% | [Parent Company Cash Flow Statement](index=17&type=section&id=Parent%20Company%20Cash%20Flow%20Statement) In Q1 2018, the parent company's operating cash flow was a net outflow of **4.85 billion Yuan**, primarily due to a significant increase in cash paid for other operating activities, while net cash inflow from investing activities was **7.62 billion Yuan**, mainly from investment recovery and investment income, and cash and cash equivalents balance increased to **10.27 billion Yuan** at period-end Parent Company Cash Flow Statement Key Items (Billion Yuan) | Item | 2018 Q1 | 2017 Q1 | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -4.85 | -2.84 | | Net Cash Flow from Investing Activities | 7.62 | 5.63 | | Net Cash Flow from Financing Activities | -0.02 | -0.16 | | Net Increase in Cash and Cash Equivalents | 2.75 | 2.63 |

Financial Performance - The company expects a net profit attributable to shareholders of approximately RMB 25.84 billion for Q1 2018, representing a year-on-year increase of about 120%[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses is expected to increase by approximately RMB 31.08 billion, a year-on-year increase of around 200%[4] - The net profit for the same period last year was RMB 21.53 billion[6] - The net profit after deducting non-recurring gains and losses for the same period last year was RMB 15.54 billion[7] - Earnings per share for the same period last year was RMB 0.41[8] Factors Influencing Performance - The significant increase in net profit is primarily due to a substantial rise in product sales prices and a significant growth in operating revenue[9] Forecast and Risks - The performance forecast has not been audited by registered accountants[5] - There are no major uncertainties affecting the accuracy of this performance forecast[10] - The forecast data is preliminary and the final financial data will be disclosed in the company's official unaudited Q1 2018 report[11] - Investors are advised to pay attention to investment risks related to the preliminary data[11]

Financial Performance - The company's operating revenue for 2017 was CNY 75,310,820, representing a year-on-year increase of 34.65% compared to CNY 55,931,901 in 2016[23]. - The total profit for 2017 reached CNY 21,228,756, an increase of 82.17% from CNY 11,653,206 in 2016[23]. - The net profit attributable to shareholders was CNY 15,854,670, up 85.87% from CNY 8,529,917 in 2016[23]. - The company's total assets as of December 31, 2017, were CNY 122,142,585, an increase of 11.53% from CNY 109,514,121 in 2016[25]. - The net cash flow from operating activities for 2017 was CNY 17,363,027, reflecting a 31.57% increase from CNY 13,196,752 in 2016[24]. - The company reported a basic earnings per share of CNY 2.99 for 2017, an increase of 85.87% compared to CNY 1.61 in 2016[24]. - The group's main business revenue reached CNY 73.59 billion, an increase of 34.22% compared to the previous year[80]. - Operating profit rose by 91.64% to CNY 20.83 billion, while total profit increased by 82.17% to CNY 21.23 billion[83]. - Net profit attributable to shareholders was CNY 15.85 billion, reflecting an 85.87% year-on-year growth[80]. Dividend Policy - The company plans to distribute a cash dividend of RMB 1.2 per share (including tax) for the year 2017[6]. - The company’s cash dividend policy mandates that at least 10% of the distributable profit for the year should be distributed in cash[52]. - For the fiscal year 2017, the company proposed a final dividend of RMB 1.2 per share, amounting to RMB 635,916 million, subject to approval at the annual general meeting[55]. - The cash dividend payout ratio for 2017 is projected to be 40.11% of the net profit attributable to shareholders[54]. - The company distributed a cash dividend of RMB 0.5 per share, totaling RMB 264,965 million, based on a total share capital of 5,299,302,579 shares as of the end of 2016[53]. Risk Factors - The company faces potential risks in 2018, including policy risks, energy price fluctuations, and environmental regulatory risks[8]. - The company faces risks related to dependence on the construction industry, with fixed asset investment growth expected to decline, potentially impacting cement market demand[100]. - Coal and electricity costs account for approximately 60% of total production costs, and significant price increases could negatively affect profitability if not fully passed on to product prices[100]. Corporate Governance - The board of directors confirmed the financial report's authenticity, accuracy, and completeness[6]. - The company has a robust governance structure with independent non-executive directors providing oversight and strategic guidance[168]. - The company emphasizes the importance of financial risk management and performance evaluation mechanisms in its operations[168]. - The company has a strong focus on financial management and internal risk control, as indicated by the backgrounds of its board members and executives[169][170][171]. - The company has adhered to all provisions of the Corporate Governance Code and Corporate Governance Report as per the listing rules[200]. Environmental Initiatives - The company is advancing sustainable development initiatives, including a CO2 capture project expected to be operational in the first half of 2018[74]. - The company has completed SNCR flue gas denitrification upgrades and continues to invest in advanced denitrification technologies to meet increasing environmental standards[101]. - The company has implemented low nitrogen combustion and SNCR denitrification treatment across all production lines, with 20 lines having completed desulfurization upgrades[136]. - The company is investing in new technologies to further reduce emissions and enhance production processes, aiming for a 20% reduction in overall emissions by the next fiscal year[133]. - The company has outlined a strategic plan for mergers and acquisitions to bolster its market position and expand its operational footprint[133]. Market Strategy - The company plans to continue optimizing its domestic market layout while steadily advancing its international development strategy[37]. - The company is actively extending its upstream and downstream industrial chain, focusing on the development of aggregate projects and exploring entry into the ready-mixed concrete industry[37]. - The company plans to enhance its international development strategy in line with the "Belt and Road" initiative, focusing on projects in Indonesia, Cambodia, and Laos[98]. - The company has established over 500 market departments to enhance its marketing network and improve market control[37]. Shareholder Information - The total number of shares outstanding remains unchanged at 5,299,302,579 shares[140]. - The number of A-shares is 3,999,702,579, representing 75.48% of total shares[140]. - The number of H-shares is 1,299,600,000, representing 24.52% of total shares[140]. - The largest shareholder, Conch Group, holds 1,928,870,014 A-shares, accounting for 36.40% of total shares[142]. - As of December 31, 2017, the total number of registered shareholders was 76,040, with 106 being H-share holders[142]. Employee and Management Information - As of December 31, 2017, the total number of employees in the group is 42,915, including 26,685 production staff and 9,632 technical personnel[188]. - The total annual salary for the current executive directors and senior management amounts to approximately 6,000,000 RMB, with the highest individual salary being 1,446,557 RMB for the General Manager[184]. - The company has established a three-tier training management system to enhance the management capabilities of its staff and improve professional skills[189]. - The company has maintained liability insurance for directors and senior management to provide protection against legal actions[182]. Social Responsibility - The company donated 1,000 tons of cement valued at 435,000 RMB for local rural road and water conservancy facility construction as part of its social responsibility initiatives[128]. - The company actively participated in poverty alleviation activities, including donations and community service, as detailed in its 2017 Social Responsibility Report[129].

重要内容提示： 1、公司按照中国企业会计准则对2017年度经营业绩进行测算，预计2017年度 实现归属于上市公司股东的净利润与上年同期相比增加59.7亿元人民币～76.8亿 元人民币，同比增加70%～90%。 2、公司本次业绩预增主要是受益于水泥行业供给侧结构性改革的积极影响， 公司产品销价同比涨幅较大，营业收入同比大幅增长所致。 证券代码：600585 证券简称：海螺水泥 编号：临 2018-01 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 2017 年年度业绩预增公告 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个别及连带责任。 一、本期业绩预告情况 （一）业绩预告期间：2017年1月1日至2017年12月31日。 （二）业绩预告情况： 1、经本公司财务部门初步测算，预计2017年年度实现归属于上市公司股东的 净利润与上年同期（法定披露数据）相比将增加59.7亿元人民币～76.8亿元人民 币，同比增加70%～90%。 2、归属于上市公司股东的扣除非经常性损益的净利润与上年同期（法 ...

2017 年第三季度报告 公司代码：600585 公司简称：海螺水泥 安徽海螺水泥股份有限公司 2017 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2017 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 3 / 21 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末 增减(%) 总资产 116,526,468,944 109,514,120,965 6.40 归属于上市公司股 东的净资产 83,404,674,172 76,608,921,127 8.87 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现 金流量净额 8,809,330,024 8,204,458,410 7.37 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减（%） 营业收入 50,038,625,9 ...

Financial Performance - Operating revenue for the first half of 2017 reached RMB 31.91 billion, a 33.10% increase from RMB 23.97 billion in the same period of 2016[19]. - Net profit attributable to shareholders surged by 100.21% to RMB 6.72 billion, up from RMB 3.35 billion year-on-year[19]. - Basic earnings per share doubled to RMB 1.27 from RMB 0.63 in the first half of 2016[19]. - The weighted average return on net assets rose by 3.79 percentage points to 8.46% compared to 4.67% in the previous year[19]. - Net cash flow from operating activities increased by 8.14% to RMB 5.05 billion, compared to RMB 4.67 billion in the first half of 2016[19]. - The company reported a net profit of RMB 5.12 billion after deducting non-recurring items, a 71.20% increase from RMB 2.99 billion in the same period last year[19]. - The diluted earnings per share also increased by 100.21% to RMB 1.27, reflecting strong financial performance[19]. - The company's total revenue for the first half of 2017 reached CNY 30,985,758, representing a year-on-year increase of 32.42%[40]. - The operating profit surged by 125.83% to CNY 8,960,541, while the net profit attributable to shareholders increased by 100.21% to CNY 6,716,723[40]. - The gross profit margin for the company's products improved to 32.97%, up by 2.26 percentage points year-on-year[43]. Assets and Liabilities - Total assets increased by 3.48% to RMB 113.32 billion as of June 30, 2017, compared to RMB 109.51 billion at the end of 2016[19]. - The total liabilities decreased by 1.36% to CNY 29,135,088 from CNY 29,536,289 at the end of 2016[22]. - The company's total equity increased to RMB 76.71 billion as of June 30, 2017, compared to RMB 73.69 billion at the end of 2016, reflecting a growth of 4.1%[147]. - The company's net assets as of June 30, 2017, were 87.42 billion RMB, with a debt-to-asset ratio of 27.26%[121]. - The total current assets of the group amounted to 37.061 billion yuan, with a current ratio of 1.87:1, an increase from 1.72:1 at the end of the previous year[51]. Market Expansion and Strategy - The company continues to focus on expanding its market presence and enhancing operational efficiency through strategic initiatives[19]. - The company is actively expanding its overseas projects, with significant progress in Indonesia, Cambodia, and Laos[32]. - The group plans to continue its international development strategy, focusing on market expansion in Indonesia and project construction in Laos, Myanmar, and Russia[60]. - The company aims to strengthen strategic cooperation with major industry players and actively pursue mergers and acquisitions to enhance its domestic market layout[60]. Environmental and Technological Initiatives - The company has implemented various energy-saving and environmental protection technologies, including the upgrade of SNCR denitrification technology[32]. - The company has committed to enhancing environmental management and reducing emissions, with 48 subsidiaries listed in the national key monitoring list for waste gas[92]. - The company has implemented a nitrogen oxide reduction technology that has been successfully applied across all production lines[92]. Shareholder Information - The company distributed a cash dividend of 0.50 yuan per share, totaling 2.65 billion yuan, based on a total share capital of 5,299,302,579 shares[72]. - The largest shareholder, Conch Group, holds 1,948,869,927 shares, accounting for 36.78% of the total shares[97]. - The company has a total of 5,299,302,579 shares outstanding, with 3,999,702,579 A-shares and 1,299,600,000 H-shares[97]. - The total number of shareholders at the end of the reporting period was 66,728, with H-share shareholders numbering 124[96]. Financial Management and Governance - The company strictly adhered to the debt repayment plan for its bonds, ensuring the protection of creditors' rights[121]. - The company has adopted a code of conduct for directors' securities transactions that meets or exceeds the standards set by the stock exchange[110]. - The company has complied with the relevant provisions of the corporate governance code during the reporting period[109]. - The financial statements comply with the accounting standards set by the Ministry of Finance of the People's Republic of China, ensuring transparency and accuracy in reporting[174]. Cash Flow and Investment Activities - Cash inflow from operating activities for the six months ended June 30, 2017, was CNY 40,817,308,127, an increase of 34.5% compared to CNY 30,326,826,400 for the same period in 2016[159]. - Net cash flow from investing activities for the six months ended June 30, 2017, was -CNY 1,265,268,120, a decrease from CNY 5,662,847,383 in 2016, reflecting a shift towards more cash outflows[161]. - The company received CNY 15,697,025,378 from investment recoveries during the six months ended June 30, 2017, compared to CNY 10,502,261,625 in 2016, marking a 49.5% increase[161]. Employee Information - The total number of employees at the end of the reporting period was 43,213, with a total compensation of approximately 2,019.14 million RMB[111]. - The company has implemented a multi-level training system to enhance management skills and employee professional capabilities[111].

证券代码：600585 证券简称：海螺水泥 编号：临 2017-16 经本公司财务部门初步测算，预计2017年上半年实现归属于上市公司股东的 净利润与上年同期相比，将增加90%到110%。 （三）本次所预计的业绩未经注册会计师审计。 安徽海螺水泥股份有限公司 Anhui Conch Cement Company Limited 关于公司 2017 年上半年业绩预增的公告 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个别及连带责任。 一、本期业绩预告情况 （一）业绩预告期间 2017年1月1日至2017年6月30日。 （二）业绩预告情况 以上预告数据仅为初步核算数据，具体准确的财务数据以公司正式披露的 2017年半年度报告为准，敬请广大投资者注意投资风险。 特此公告。 安徽海螺水泥股份有限公司董事会 二○一七年七月二十五日 二、上年同期业绩情况 （一）归属于上市公司股东的净利润：3,354,918,405元。 （二）每股收益：0.63元。 三、本期业绩预增的主要原因 报告期内，本公司归属于上市公司股东的净利润同比大幅上升的主要原因是 产 ...