Financial Performance - The company's operating revenue for 2021 was CNY 3,753,956,786.41, representing a 56.47% increase compared to CNY 2,399,107,591.66 in 2020[25] - The net profit attributable to shareholders for 2021 was CNY 518,245,359.16, a significant increase of 191.55% from CNY 177,755,555.59 in 2020[25] - The net profit after deducting non-recurring gains and losses was CNY 355,667,898.13, which is a 426.44% increase compared to CNY 67,560,745.38 in 2020[25] - The company's total assets at the end of 2021 were CNY 7,283,530,163.98, reflecting a 21.25% increase from CNY 6,007,019,067.13 at the end of 2020[25] - The net assets attributable to shareholders increased by 10.77% to CNY 4,856,346,304.11 at the end of 2021, up from CNY 4,384,201,859.94 at the end of 2020[25] - Basic earnings per share for 2021 were CNY 0.5325, a 190.67% increase from CNY 0.1832 in 2020[26] - The company's operating revenue for the reporting period reached ¥3,753,956,786.41, an increase of 56.47% compared to ¥2,399,107,591.66 in the same period last year[53] - The operating cost for the period was ¥2,782,146,260.36, reflecting a 47.14% increase from ¥1,890,804,024.67 year-on-year[53] Cash Flow and Dividends - The net cash flow from operating activities for 2021 was negative CNY 996,053,349.65, compared to negative CNY 21,128,018.96 in 2020[25] - The company plans to distribute a cash dividend of CNY 1 per 10 shares to all shareholders based on a total share base of 977,701,660 shares[7] - The company reported a net cash flow from operating activities of -¥996,053,349.65, compared to -¥21,128,018.96 in the previous year[56] Market and Sales Performance - The company's net profit attributable to shareholders increased by 191.55% year-on-year, primarily due to increased sales revenue of main products[29] - In 2021, the company achieved operating revenue of CNY 3,753.96 million, a year-on-year growth of 56.47%[43] - In the automotive sector, the company achieved sales revenue exceeding 700 million RMB, establishing itself as a mainstream supplier in the domestic and international markets[48] - In the consumer electronics sector, the company generated sales revenue over 1 billion RMB, with a 30% increase in VCM business shipment volume, capturing approximately 30% of the global market share[48] - The company reported a 35.5% year-on-year increase in rare earth permanent magnet exports, reaching 48,765.6 tons in 2021, marking a historical record[44] - The company’s sales revenue in the industrial application sector surpassed 1.5 billion RMB, benefiting from the "Electric Motor Efficiency Improvement Plan (2021-2023)"[48] Research and Development - The company applied for 11 invention patents and was granted 13 patents during the reporting period, including one in the United States[43] - Research and development expenses increased by 60.56% to ¥230,872,997.12, indicating a strong focus on innovation and technology advancement[53] - The total R&D expenditure for the period was ¥230,872,997.12, representing 6.15% of total revenue, with a year-on-year increase of 60.56%[4] - The number of R&D personnel was 398, making up 12.88% of the total workforce, indicating a strong focus on innovation[10] Strategic Initiatives - The company is focusing on product innovation and expanding market share in the automotive, consumer electronics, and industrial application sectors[43] - The company is actively implementing cost reduction and efficiency enhancement measures across all processes[43] - The company aims to increase the annual production of high-efficiency energy-saving motors to 170 million kilowatts by 2023, aligning with national energy efficiency goals[44] - The company plans to expand production capacity for rare earth permanent magnet materials to meet the growing market demand from industries such as new energy vehicles and wind power generation[86] Risks and Challenges - The company has outlined potential risks in its future development in the management discussion and analysis section of the report[9] - The company faces risks from fluctuations in rare earth material prices, which have shown a significant upward trend during the reporting period[89] - The company is exposed to export risks due to rising global trade protectionism, particularly from developed countries like the United States, although rare earth permanent magnets are not currently subject to tariffs[89] - The ongoing COVID-19 pandemic poses a risk to the company's normal operations, despite the current favorable domestic pandemic control situation[89] Corporate Governance and Management - The total number of shares held by the chairman and general manager, Zhu Xiaodong, remained unchanged at 1,620,000 shares, with a pre-tax compensation of 1.6 million CNY[99] - The total number of shares held by all directors and supervisors increased from 2,130,300 to 2,780,300 shares, reflecting a net increase of 650,000 shares[102] - The company has a stable management team with a mix of experience in various sectors, enhancing operational efficiency[102] - The company has a comprehensive remuneration assessment method based on actual profitability and individual contributions[111] - The company has undergone several board changes, including the election of new independent directors and supervisors[111] Environmental and Social Responsibility - The company invested approximately 11.69 million yuan in environmental protection, primarily for wastewater and solid waste disposal, achieving a 100% compliance rate in emissions[139] - The company has a wastewater treatment capacity of 1,000 tons per day, utilizing advanced processes for effective treatment[140] - In 2021, over 100 employees participated in voluntary blood donation, contributing a total of 82,830 milliliters, reinforcing the company's commitment to social responsibility[148]

Financial Performance - The company's operating revenue for Q3 2021 was CNY 993,782, an increase of 36.53% compared to the same period last year[8]. - Net profit attributable to shareholders was CNY 135,500,684.37, representing a year-on-year increase of 132.36%[8]. - The basic earnings per share for the quarter was CNY 0.1327, up 124.53% from the previous year[8]. - The company achieved a revenue of RMB 2.598 billion for the year-to-date, representing a growth of 50.93% compared to the same period last year[24]. - The net profit attributable to shareholders reached RMB 374 million, marking a significant increase of 180.64% year-over-year[24]. - Total revenue for Q3 2021 reached ¥2,598,246,164.89, a significant increase from ¥1,721,529,957.69 in Q3 2020, representing a growth of approximately 51%[33]. - Net profit for Q3 2021 was ¥369,559,452.27, up from ¥131,279,814.73 in Q3 2020, reflecting a growth of approximately 181%[36]. - The net profit attributable to the parent company shareholders for the current period is approximately $374.11 million, compared to $133.31 million in the same period last year, representing a significant increase[39]. - The total comprehensive income for the current period is approximately $369.16 million, significantly higher than $130.69 million in the same period last year[39]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 7,005,243,036.19, a 16.62% increase from the end of the previous year[8]. - Total assets as of Q3 2021 amounted to ¥7,005,243,036.19, up from ¥6,007,019,067.13 in Q3 2020, showing a growth of approximately 17%[33]. - Total liabilities increased to ¥2,264,460,105.48 in Q3 2021 from ¥1,576,573,505.53 in Q3 2020, representing a rise of about 44%[33]. - The company's total equity reached ¥4,740,782,930.71 in Q3 2021, compared to ¥4,430,445,561.60 in Q3 2020, indicating an increase of approximately 7%[33]. Cash Flow - The company reported a net cash flow from operating activities of CNY -701,728,906.29, reflecting increased cash payments for goods and services[16]. - Cash inflow from operating activities totaled approximately $2.17 billion, an increase from $1.74 billion year-over-year[42]. - The net cash flow from operating activities is reported at approximately -$701.73 million, worsening from -$112.76 million in the previous year[42]. - Cash inflow from investment activities is approximately $3.28 billion, slightly down from $3.30 billion year-over-year[45]. - The net cash flow from investment activities improved to approximately $470.10 million, compared to a loss of $143.95 million in the previous year[45]. - Cash inflow from financing activities totaled approximately $1.05 billion, compared to $570.61 million in the same period last year[45]. - The net cash flow from financing activities increased to approximately $320.87 million, up from $30.29 million year-over-year[45]. Sales and Revenue Breakdown - Sales revenue for neodymium-iron-boron permanent magnetic materials used in automotive applications was RMB 472 million, up 205.5% year-over-year[24]. - Sales revenue for neodymium-iron-boron permanent magnetic materials in consumer electronics reached RMB 982 million, reflecting a growth of 32.3% compared to last year[24]. - Sales revenue for neodymium-iron-boron permanent magnetic materials for industrial applications was RMB 912 million, an increase of 77.3% year-over-year[24]. Investments and Acquisitions - The company plans to acquire 100% equity of Ningbo Yunsheng Electronic Components Technology Co., Ltd. for CNY 134.4 million[11]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[36]. Research and Development - Research and development expenses in Q3 2021 totaled ¥168,149,979.79, compared to ¥108,663,061.13 in Q3 2020, marking an increase of about 55%[36]. Inventory and Receivables - Accounts receivable increased by 60.92% due to higher sales revenue during the reporting period[14]. - Inventory levels rose by 69.45%, indicating an increase in stock during the quarter[14]. - Accounts receivable increased to RMB 1.021 billion from RMB 634.52 million year-over-year[28].

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥1,604,463,274.81, representing a 61.47% increase compared to ¥993,630,378.21 in the same period last year[24]. - Net profit attributable to shareholders was ¥238,612,537.90, a significant increase of 218.19% from ¥74,990,917.67 in the previous year[24]. - The net profit after deducting non-recurring gains and losses was ¥185,049,882.52, up 1741.04% from ¥10,051,361.86 in the same period last year[24]. - Basic earnings per share increased to ¥0.2455, a rise of 223.45% compared to ¥0.0759 in the previous year[25]. - The company's revenue for the reporting period reached 1.604 billion RMB, representing a year-on-year increase of 61.47%[38]. - Net profit attributable to shareholders was 239 million RMB, a significant increase of 218.19% compared to the same period last year[38]. - The total comprehensive income for the first half of 2021 was ¥238,975,182.49, compared to ¥74,706,945.45 in the previous year, marking an increase of about 219.5%[132]. Assets and Liabilities - Total assets as of the end of the reporting period were ¥6,680,515,603.49, reflecting an 11.21% increase from ¥6,007,019,067.13 at the end of the previous year[24]. - The net assets attributable to shareholders increased to ¥4,531,308,572.81, a 3.36% rise from ¥4,384,201,859.94 at the end of the previous year[24]. - Total liabilities reached RMB 2,102,138,573.40, compared to RMB 1,576,573,505.53, which is an increase of about 33.2%[119]. - The company's total equity reached ¥3,951,988,715.39, up from ¥3,944,356,771.79, showing a slight increase of about 0.2%[126]. Cash Flow - The company reported a net cash flow from operating activities of -¥411,972,867.27, compared to -¥155,366,928.09 in the same period last year[24]. - The cash flow from financing activities surged by 498.85% to approximately 167 million yuan, indicating improved capital management[41]. - The total cash inflow from operating activities was RMB 851,383,752.84, significantly higher than RMB 549,280,479.39 in the same period last year[145]. Research and Development - Research and development expenses increased by 52.82% to approximately 105 million yuan, reflecting the company's commitment to innovation[41]. - The company is actively pursuing technological innovations and has established a "Magnetic Materials Research Institute" to enhance its R&D capabilities[37]. - Research and development expenses for the first half of 2021 amounted to ¥105,335,364.48, up from ¥68,929,615.37 in the same period of 2020, indicating a growth of about 52.7%[126]. Market Position and Strategy - The company plans to increase its production capacity from 14,000 tons to 21,000 tons by the end of 2022[32]. - The company has established deep cooperation with 6 out of the top 10 main drive motor manufacturers in the domestic market for new energy vehicles[38]. - The company plans to strengthen its leading position in consumer electronics and expand into key markets such as new energy vehicles and wind power[41]. Environmental and Social Responsibility - The company has invested approximately 11.27 million yuan in environmental protection, achieving a 100% compliance rate in emissions during the reporting period[67]. - The company has established a wastewater treatment facility with a capacity of 1,000 tons per day, ensuring proper treatment and compliance with environmental standards[68]. - The company committed to donating 600,000 RMB annually for 10 years through the "Yunsheng Charity Fund" to support social welfare and poverty alleviation projects[79]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 67,190[97]. - The largest shareholder, Yunsheng Holdings Group, held 320,406,816 shares, representing 32.39% of total shares[97]. - The company repurchased 17,300,061 shares as of the end of the reporting period[102]. Corporate Governance - The company has experienced changes in its board and supervisory personnel, with a complete re-election of the board members on April 28, 2021[64]. - The company did not experience any changes in controlling shareholders or actual controllers during the reporting period[110]. - The financial statements are prepared based on the going concern assumption, with management believing in the company's ability to continue operations for at least 12 months from the approval date of the financial statements[197].

Financial Performance - Operating revenue for the first quarter reached CNY 677,644,787.48, a significant increase of 73.78% year-on-year[12] - Net profit attributable to shareholders was CNY 64,724,554.17, recovering from a loss of CNY 27,080,221.73 in the same period last year[12] - The net profit after deducting non-recurring gains and losses was CNY 47,106,485.43, a substantial increase of 3,903.13% year-on-year[12] - Basic and diluted earnings per share were both CNY 0.0654, recovering from losses of CNY -0.0274 in the same period last year[15] - Total operating revenue for the first quarter of 2021 was CNY 400,958,449.72, a significant increase from CNY 195,122,594.06 in the same period of 2020, representing a growth of approximately 105.4%[47] - Operating profit for the first quarter of 2021 was CNY 50,062,428.55, compared to a loss of CNY 29,534,573.87 in the first quarter of 2020, indicating a turnaround in profitability[51] - Net profit for the first quarter of 2021 reached CNY 42,552,589.33, while the company reported a net loss of CNY 26,177,076.77 in the same quarter of the previous year[51] - The total comprehensive income for the first quarter of 2021 was CNY 64,853,009.84, compared to a loss of CNY 27,296,148.60 in Q1 2020[45] - The total comprehensive income for the first quarter of 2021 was CNY 42,552,589.33, a decrease of CNY 26,177,076.77 compared to the same period in 2020[53] Cash Flow - The net cash flow from operating activities was negative at CNY -175,069,679.93, compared to CNY -61,153,129.75 in the previous year[12] - Cash inflow from operating activities amounted to CNY 675,809,449.27, up from CNY 527,523,672.73 in the first quarter of 2020, representing a growth of approximately 28.1%[56] - Cash received from investment activities totaled CNY 925,235,665.30, while cash outflow for investments was CNY 987,990,888.78, resulting in a net cash flow from investment activities of CNY -62,755,223.48[56] - The net cash flow from financing activities was CNY 250,898,286.14, an increase from CNY 61,864,468.42 in the first quarter of 2020[56] - The company reported a net increase in cash and cash equivalents of CNY 17,048,621.91, compared to a decrease of CNY -226,008,021.61 in the same quarter of the previous year[58] - The ending balance of cash and cash equivalents was CNY 213,070,670.29, down from CNY 241,907,935.54 at the end of the first quarter of 2020[58] Assets and Liabilities - Total assets increased by 6.28% to CNY 6,384,399,181.23 compared to the end of the previous year[12] - Short-term loans rose by 32.22% to ¥1,058,540,800.00 from ¥800,611,388.99, indicating an increase in borrowing during the reporting period[23] - The accounts payable increased by 40.13% to ¥353,288,262.36 from ¥252,118,612.27, reflecting higher procurement payables[23] - Total liabilities increased to ¥1,159,710,138.73 from ¥1,311,878,189.45 year-over-year[40] - The company reported a total current liability of ¥1,109,710,138.73, down from ¥1,261,798,034.59 in the previous year[39] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,048[19] - The largest shareholder, Yunsen Holdings Group Co., Ltd., held 32.39% of the shares[19] Operating Costs and Expenses - Operating costs increased by 49.67% to ¥495,622,797.03 from ¥331,145,555.06, attributed to higher sales volume and increased patent fees[25] - The total operating costs for the first quarter of 2021 were CNY 329,713,986.09, up from CNY 185,695,021.21 in Q1 2020, reflecting an increase of approximately 77.4%[51] - The company’s financial expenses surged by 185.64% to ¥2,822,737.18 from ¥988,215.25, primarily due to increased interest expenses[25] - Research and development expenses increased to CNY 17,629,816.32 in Q1 2021 from CNY 10,862,085.05 in Q1 2020, reflecting a growth of approximately 62.5%[51] - Financial expenses for the first quarter of 2021 were CNY 3,737,360.57, compared to a negative CNY 1,726,495.71 in the same quarter of 2020, indicating a shift in financial costs[51] Government Subsidies - The company received government subsidies amounting to CNY 2,787,340.94 during the reporting period[15]

2020 年年度报告 公司代码：600366 公司简称：宁波韵升 宁波韵升股份有限公司 2020 年年度报告 1 / 168 2020 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 天衡会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人竺晓东、主管会计工作负责人张家骅及会计机构负责人（会计主管人员）张玺芳 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 以 2020 年末公司总股本 989,113,721 股扣减不参与利润分配的回购股份 17,300,061 股，即 971,813,660 股为基数，向全体股东每 10 股派发 2020 年度现金红利 1 元（含税）。 六、 前瞻性陈述的风险声明 √适用 □不适用 本年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意投 资风险。 七、 是否存在被控股股东及其关联方非 ...

Financial Performance - Operating revenue for the first nine months was ¥1,719,921,429.00, representing a year-on-year increase of 27.69%[18] - Net profit attributable to shareholders was ¥141,329,487.73, a significant increase of 201.64% compared to the same period last year[18] - Basic earnings per share for the reporting period was ¥0.1431, up 199.37% from ¥0.0478 in the same period last year[20] - The company's operating revenue for the reporting period reached ¥1,719,921,429, an increase of 27.69% compared to ¥1,346,959,707.65 in the same period last year[27] - Net profit for the first three quarters of 2020 was ¥1,719,921,429.00, compared to ¥1,346,959,707.65 in the same period of 2019, indicating a growth of 27.7%[46] - The net profit for Q3 2020 was ¥60.47 million, compared to a net loss of ¥8.62 million in Q3 2019, indicating a turnaround in profitability[53] - The total profit for Q3 2020 was ¥71.91 million, compared to a loss of ¥8.00 million in Q3 2019, showing a substantial improvement[53] - The company reported a net profit of CNY 13,886,515.45, compared to a net loss of CNY 17,700,076.57 in the same period last year, indicating a significant recovery[59] - Total profit amounted to CNY 15,013,960.59, contrasting with a total loss of CNY 20,899,711.22 in the same quarter last year[59] Cash Flow - The net cash flow from operating activities for the first nine months was -¥110,977,749.12, indicating a decline from ¥95,281,708.94 in the previous year[18] - The net cash flow from operating activities showed a significant decline, with a net outflow of ¥110,977,749.12 compared to a positive inflow of ¥95,281,708.94 in the previous year[27] - Cash flow from operating activities showed a net outflow of CNY -110,977,749.12, compared to a net inflow of CNY 95,281,708.94 in the previous year[65] - Cash inflow from operating activities totaled CNY 858,846,870.82, a decrease from CNY 1,012,230,456.13 in the same period last year[67] - Net cash flow from operating activities was negative at CNY -46,702,112.71, compared to a positive CNY 504,757,810.10 in the previous year[67] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,825,519,781.37, an increase of 3.54% compared to the end of the previous year[18] - The company's total assets increased to ¥5,825,519,781.37, up from ¥5,626,155,854.76 at the end of the previous year[30] - The total assets as of September 30, 2020, amounted to ¥4,873,876,950.50, an increase from ¥4,700,056,026.84 at the end of 2019[44] - The company's total liabilities reached ¥1,154,550,572.74, compared to ¥981,144,739.36 in the previous year, marking an increase of 17.6%[44] - Total liabilities amounted to ¥1,312,278,860.68, with current liabilities at ¥1,293,792,860.68[74] - The company’s total liabilities included short-term borrowings of CNY 750,681,381.95, highlighting its debt obligations[71] Shareholder Information - The total number of shareholders at the end of the reporting period was 68,127[24] - The largest shareholder, Yunsen Holding Group Co., Ltd., holds 320,406,816 shares, accounting for 32.39% of the total shares[24] - The equity attributable to shareholders increased to ¥3,719,326,377.76 from ¥3,718,911,287.48, showing a slight growth[44] - The total equity attributable to shareholders reached ¥4,260,966,384.87, contributing to a total equity of ¥4,313,876,994.08[76] Investment and Expenses - The investment income increased by 77.85%, reaching ¥60,731,568.10 compared to ¥34,147,314.04 in the same period last year[27] - The company's financial expenses increased by 57.71%, reaching ¥23,022,565.98 compared to ¥14,598,178.96 in the previous year[27] - Research and development expenses increased to ¥39.73 million in Q3 2020 from ¥30.45 million in Q3 2019, reflecting a growth of 30.0%[55] - The company's sales expenses rose to ¥23.37 million in Q3 2020 from ¥14.86 million in Q3 2019, an increase of 57.5%[53] - The management expenses for Q3 2020 were ¥50.99 million, up from ¥36.80 million in Q3 2019, reflecting a growth of 38.5%[53] Other Financial Metrics - The company's cash and cash equivalents decreased by 59.77%, from ¥628,263,015.86 at the beginning of the period to ¥252,725,600.69 at the end[30] - The company's trade payables rose by 30.09%, from ¥158,614,829.89 to ¥206,348,912.32[27] - The company's construction in progress increased by 111.72%, from ¥30,096,002.97 to ¥63,720,431.44[27] - The company's other receivables decreased by 46.91%, from ¥92,157,624.08 to ¥48,923,190.44 due to government energy-saving subsidies received[27] - The company's prepayments decreased by 40.69%, from ¥22,649,662.77 to ¥13,432,837.99, reflecting a reduction in VAT credits[27]

2020 年半年度报告 公司代码：600366 公司简称：宁波韵升 宁波韵升股份有限公司 2020 年半年度报告 1 / 151 2020 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人竺晓东、主管会计工作负责人张家骅及会计机构负责人（会计主管人员）张玺芳 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承诺，请投资者注意 投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述存在的风险，敬请查阅第四节"经营情况的讨论与分析"中"可 能面对的风险"的内容。 十、 其他 □适用 √不适用 2 / 151 2 ...

2020 年第一季度报告 公司代码：600366 公司简称：宁波韵升 宁波韵升股份有限公司 2020 年第一季度报告 1 / 18 2020 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 18 2020 年第一季度报告 单位：元 币种：人民币 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人竺晓东、主管会计工作负责人朱建康及会计机构负责人（会计主管人员）张玺芳 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|----------------- ...

Financial Performance - The company's operating revenue for 2019 was CNY 1,945,741,771.63, a decrease of 3.99% compared to CNY 2,026,498,471.89 in 2018[23] - The net profit attributable to shareholders for 2019 was CNY 49,680,993.46, down 44.38% from CNY 89,328,734.50 in 2018[23] - The basic earnings per share for 2019 was CNY 0.0508, a decrease of 43.87% compared to CNY 0.0905 in 2018[26] - The company's revenue for the reporting period was approximately ¥1.95 billion, a decrease of 3.99% compared to the previous year[47] - The gross margin for neodymium iron boron products was 18.31%, a decrease of 2.94 percentage points compared to the previous year[48] Cash Flow and Assets - The company's net cash flow from operating activities was CNY 207,757,370.32, an increase of 3.81% from CNY 200,135,616.67 in 2018[23] - The total assets at the end of 2019 were CNY 5,626,155,854.76, an increase of 1.81% compared to CNY 5,526,210,256.11 at the end of 2018[23] - The cash flow from operating activities was approximately ¥207.76 million, an increase of 3.81% year-on-year[47] - Cash and cash equivalents decreased to CNY 277,780,105.92 from CNY 448,325,376.80, representing a decline of approximately 38.1%[198] - The company's retained earnings fell to CNY 2,917,422,117.66 from CNY 3,143,356,715.80, reflecting a decrease of about 7.2%[196] Investments and R&D - The total R&D expenditure for the period was CNY 126,940,094.57, representing 6.52% of operating revenue, with 371 R&D personnel, making up 11.35% of total staff[58] - The company has invested in several technology firms, including Shanghai Electric Drive and Ningbo Qianshi High-tech Venture Capital, to support the growth of core technology enterprises and generate sustainable returns for shareholders[37] - The company plans to enhance R&D and investment in new materials and new energy sectors to build a competitive industrial cluster[77] Market and Production - The production capacity for raw materials has been enhanced to 10,000 tons annually, positioning the company as one of the major manufacturers of rare earth permanent magnet materials in China[34] - The production of sintered NdFeB magnets reached 170,000 tons in 2019, reflecting a year-on-year growth of 9.7%, while bonded NdFeB production was 7,900 tons, up 5% year-on-year[37] - The overall market for rare earth permanent magnets is experiencing a slowdown, with increased competition and a shift towards high-performance NdFeB materials in emerging sectors such as electric vehicles[37] Shareholder Information - The total number of ordinary shares decreased by 13,411,444 shares, resulting in a total of 989,113,721 shares post-adjustment[140] - The largest shareholder, Yunsen Holdings Group Co., Ltd., held 320,406,816 shares, representing 32.39% of total shares[138] - The company repurchased 950,400 shares for stock incentive plans, which are pending cancellation[131] Corporate Governance - The board of directors consists of 8 members, including 3 independent directors with financial expertise, and held 5 meetings during the reporting period[173] - The company has implemented an internal control system to enhance operational standards and ensure transparency in information disclosure[173] - The company has maintained a stable board composition with no changes in the number of shares held by directors and supervisors[150] Social Responsibility - The company has established the "Yunsheng Named Helping Fund" since 2012, donating 600,000 RMB annually for poverty alleviation projects[116] - In 2019, the fund donated 100,000 RMB to Longcheng Town for infrastructure improvement and economic development[116] - The total investment in poverty alleviation in 2019 amounted to 400,000 RMB, with 300,000 RMB specifically for improving educational resources in impoverished areas[119]

2019 年第三季度报告 公司代码：600366 公司简称：宁波韵升 宁波韵升股份有限公司 2019 年第三季度报告 1 / 28 2019 年第三季度报告 一、 重要提示 二、 公司基本情况. 11[ 重要事项 四、 附录 目录 2 / 28 2019 年第三季度报告 单位：元 币种：人民币 3 / 28 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人竺晓东、主管会计工作负责人朱建康及会计机构负责人（会计主管人员）张玺芳 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------------------|--------------------------------- ...