2020 年半年度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2020 年半年度报告 1 / 176 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、 未出席董事情况 未出席董事职务 未出席董事姓名 未出席董事的原因说明 被委托人姓名 董事 黄平 个人原因 无 三、 本半年度报告未经审计。 四、 公司负责人胡泽松、主管会计工作负责人夏兰田及会计机构负责人（会计主管人员）李抗声 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 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 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讨论 ...

Financial Performance - The company reported a negative retained earnings of ¥18,844,212.14 as of December 31, 2019, and will not distribute cash dividends or increase capital reserves this year due to significant funding needs for new and upgraded projects in the next twelve months [3]. - In 2019, the company's operating revenue was approximately CNY 6.96 billion, an increase of 11.76% compared to CNY 6.23 billion in 2018 [14]. - The net profit attributable to shareholders was CNY 101.53 million, a decrease of 64.55% from CNY 286.44 million in 2018 [14]. - The basic earnings per share for 2019 was CNY 0.0579, down 64.52% from CNY 0.1632 in 2018 [15]. - The weighted average return on equity decreased to 1.94% in 2019, down 3.67 percentage points from 5.61% in 2018 [15]. - The total assets at the end of 2019 were CNY 9.45 billion, an increase of 7.48% from CNY 8.79 billion at the end of 2018 [14]. - The total liabilities increased by 16.49% to CNY 3.97 billion in 2019, compared to CNY 3.41 billion in 2018 [14]. - The net cash flow from operating activities for 2019 was CNY 646.94 million, a significant increase of 136.14% from CNY 273.97 million in 2018 [14]. - The company reported non-recurring gains of CNY 50.42 million in 2019, compared to CNY 9.19 million in 2018 [17]. - The company experienced a decline in gross margin due to fluctuations in market prices of main products, impacting net profit [15]. Audit and Compliance - The company has received a standard unqualified audit report from Xinyong Zhonghe Accounting Firm, ensuring the accuracy and completeness of the financial report [2]. - The board of directors and senior management have confirmed the authenticity and completeness of the annual report, taking legal responsibility for any misrepresentation or omissions [2]. - There are no instances of non-operational fund occupation by controlling shareholders or related parties, nor any violations in decision-making procedures for external guarantees [5]. - The company has not reported any significant operational changes or new strategies in the current report [5]. - The company has not disclosed any significant changes in its stock structure or shareholder situation in the report [6]. Risk Management - The company has outlined potential risks in its future development strategies, advising investors to be cautious [4]. - The company emphasizes the importance of reviewing the detailed risk descriptions provided in the operational discussion section of the report [5]. - The company faces risks from product price fluctuations, particularly for rare earth concentrates and beach sand minerals, which could significantly impact profitability [75]. - The company is exposed to global economic environment risks, particularly due to ongoing trade tensions between the US and China, which could adversely affect operations [76]. Operational Overview - The company primarily engages in rare earth mining, smelting separation, metal processing, and zircon-titanium mining, with key products including rare earth concentrates, oxides, salts, metals, and catalysts [19]. - The company has established a complete industrial chain for rare earths, from mining to deep processing, and has a dual layout in both domestic and international markets [19]. - The company has a stable supply channel for rare earth concentrates through its management of the Dechang Dalu槽 rare earth mine and partnerships with overseas mines, ensuring raw material security for downstream operations [24]. - The company has patented 180 technologies, including 46 inventions, enhancing the recovery rate and concentrate output through innovative processing techniques [26]. - The global demand for rare earths is expected to grow steadily, supported by applications in new energy, new materials, and various high-tech industries [22]. Revenue and Market Segmentation - Domestic revenue reached approximately ¥6.53 billion, an increase of 10.97% year-over-year, while international revenue was approximately ¥335.68 million, up by 28.96% year-over-year [39]. - The total revenue for the industrial segment was approximately ¥5.23 billion, a decrease of 14.81% year-over-year, with a gross margin of 14.75%, down by 1.70 percentage points [37]. - The total revenue for the commercial segment was approximately ¥1.59 billion, an increase of 1.47% year-over-year, with a gross margin of 10.44%, up by 3.20 percentage points [37]. - The total revenue for the processing services segment was approximately ¥58.77 million, a significant increase of 70.84% year-over-year, with a gross margin of 4.53%, down by 30.71 percentage points [37]. Shareholder Information - The controlling shareholder, a state-owned research institute, holds a 14.04% stake, posing risks to the company's operations and management if faced with hostile takeovers [78]. - The company aims to enhance its governance structure and improve decision-making transparency to protect minority shareholders' rights [79]. - The company has committed to a profit compensation agreement, allowing for the release of shares in three phases based on the achievement of net profit targets over a three-year period [90]. - The first phase of share release allows for 15% of shares to be unlocked after 12 months, with subsequent phases allowing for 25% after 24 months and 60% after 36 months [90]. Environmental and Social Responsibility - The company maintained a strong focus on safety and environmental protection, achieving compliance with all emissions standards during the reporting period [33]. - The company has committed to ongoing social responsibility initiatives, including educational support and disaster relief efforts, contributing RMB 30,000 to the Red Cross for flood relief [124]. - The company has actively participated in poverty alleviation efforts, helping 43 impoverished individuals find employment and contributing a total of RMB 28.13 million in funds for poverty alleviation initiatives [125]. Governance and Management - The company has established a competitive salary management system to attract and retain talent, linking compensation to performance assessments [176]. - The company has developed a new compensation management system approved by the board to enhance employee motivation and performance [177]. - The company has undergone a board restructuring, resulting in several changes in directors and management positions [174]. - The company has maintained a consistent leadership structure with no changes in key management personnel during the reporting period [160]. Future Outlook - The company plans to achieve a total production and sales volume of 7,150 tons REO for rare earth concentrate and approximately 12,000 tons for unique stone in 2020 [73]. - The company aims for an annual revenue target of 6.5 to 7.5 billion yuan in 2020, subject to market supply and demand conditions [73]. - The company is focusing on enhancing operational efficiency and cash flow management to support future growth strategies [48].

2020 年第一季度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2020 年第一季度报告 1 / 25 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 / 25 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 公司负责人胡泽松、主管会计工作负责人夏兰田 及会计机构负责人（会计主管人员）李抗保 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 | --- | --- | --- | --- | |-----------------------------------------------|---------------- ...

2019 年第三季度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 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 一、 重要提示 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。 公司全体董事出席董事会审议季度报告。 公司负责人胡泽松、主管会计工作负责人夏兰田及会计机构负责人（会计主管人员）李抗保证季 度报告中财务报表的真实、准确、完整。 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 | --- | --- | --- | --- | |-----------------------------------------------|------------------------------|------------------------------------|------------------ ...

2019 年半年度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2019 年半年度报告 1 / 188 2019 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、 公司负责人胡泽松、主管会计工作负责人胡泽松及会计机构负责人（会计主管人员）夏兰田 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 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 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讨论与分析中关于公司未 来发展的讨论与分析中可能面对的风险的内容。 十、 其他 □ ...

证券代码：600392 证券简称：盛和资源 公告编号：临2019-054 盛和资源控股股份有限公司 关于举行投资者集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，盛和资源控股股份有限公司（以 下简称"公司"）将参加由四川省上市公司协会、上证所信息网络有限公司、 深圳全景网络有限公司共同举办的"2019 年四川辖区上市公司投资者集体接待 日"主题活动及董秘值班周活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的网上平台，采取 网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 上 证 路 演 中 心 " 网 站 （http://roadshow.sseinfo.com）或关注微信公众号：上证路演中心，参与公 司本次投资者集体接待日活动，活动时间为 2019 年 5 月 24 日（星期五）15:00 至 16:30。 届时公司的董事长兼总经理胡泽松先生、财务总监夏兰田女士、董事会秘 书郭晓雷先生将通过网络在线交流形式与 ...

2019 年第一季度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2019 年第一季度报告 1/28 2019 年第一季度报告 | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|---------------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | 目录 | | | í | | | | 重要提示 | | | 二、 | | | | 公司基本情况. | | | 11Í | | | | 重要事项 | | | 四、 | | | | 附录 | | 2/28 2019 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 公司负责人胡泽松、主管会计工作负责人唐光跃及会计机构负责人（会计主管人员）夏兰田 保证季 ...

Financial Performance - The company's operating revenue for 2018 was CNY 6,226,964,050.48, an increase of 19.67% compared to CNY 5,203,553,074.99 in 2017[17]. - The net profit attributable to shareholders for 2018 was CNY 286,438,401.83, a decrease of 14.89% from CNY 336,546,890.63 in 2017[17]. - The net cash flow from operating activities for 2018 was CNY 273,971,855.27, a significant increase of 232.38% compared to a negative cash flow of CNY -206,959,032.34 in 2017[17]. - The basic earnings per share for 2018 was CNY 0.1632, down 24.44% from CNY 0.2160 in 2017[18]. - The weighted average return on equity for 2018 was 5.61%, a decrease of 2.75 percentage points from 8.36% in 2017[18]. - The total assets at the end of 2018 were CNY 8,791,492,709.62, an increase of 5.27% from CNY 8,351,106,187.62 at the end of 2017[17]. - The total liabilities at the end of 2018 were CNY 3,408,431,590.83, an increase of 7.83% from CNY 3,160,842,582.62 at the end of 2017[17]. - The company achieved an operating revenue of 622.70 million yuan in 2018, an increase of 19.67% year-on-year, while the net profit attributable to shareholders decreased by 14.89% to 28.64 million yuan[34]. - The company reported a total revenue of CNY 6,148,302,163.96, with a notable increase in revenue from rare earth salts by 39.31%[51]. - The revenue from the industrial sector was CNY 4,551,522,236.41, with a year-on-year growth of 19.19%, while the gross margin decreased by 4.42 percentage points to 16.45%[50]. Dividend Distribution - The company plans to distribute a cash dividend of 0.30 RMB per 10 shares to all shareholders, based on the total share capital as of the record date, excluding 2,340,497 shares held in the repurchase account[4]. - The company does not plan to increase capital through the conversion of capital reserves this year, aligning with its three-year shareholder return plan[4]. - The cash dividend for 2018 is calculated to be 52,584,797.10 RMB, representing 18.36% of the net profit attributable to ordinary shareholders[103]. - The independent directors agreed that the profit distribution plan aligns with the company's current situation and does not harm the interests of shareholders, especially minority shareholders[102]. - The voting results from the shareholders' meeting showed that 99.9845% of the voting rights were in favor of the profit distribution plan[101]. Corporate Governance - The board of directors has ensured the accuracy and completeness of the annual report, taking legal responsibility for any misstatements[2]. - The company has confirmed that all directors attended the board meeting for the annual report[3]. - The company has committed to maintaining transparency and independence in its governance structure, ensuring no collusion among shareholders[92]. - The company continues to strengthen its internal control system and governance structure in compliance with regulatory requirements[46]. - The company has established a comprehensive plan for debt repayment and has made arrangements for the timely repayment of 450 million RMB in bonds[96]. Operational Risks and Future Outlook - The company has outlined potential risks in its future development in the report, which investors should be aware of[5]. - The company has detailed its operational risks in the discussion and analysis section of the report[5]. - The company is focusing on independent research and technological innovation to reduce production costs and improve product quality, achieving significant results in process technology upgrades[35]. - The company is actively adapting to national economic development trends and aims to create greater value for customers, shareholders, and employees[34]. - The company aims for a revenue target of 6.5 to 7.5 billion yuan for 2019, focusing on enhancing operational efficiency and quality[85]. Environmental Protection - The company has established a comprehensive environmental protection system to manage pollution and ensure compliance with national standards[151]. - The company reported no instances of exceeding pollution discharge limits in 2018[151]. - The company has implemented dust control measures, including the installation of water spray systems, to effectively reduce dust emissions during mining operations[158]. - The company has achieved compliance with the emission standards for noise, meeting the Class 3 standard of the Industrial Enterprises Boundary Noise Emission Standard (GB12348-2008)[155]. - The company has constructed a rainwater and sewage diversion system to ensure that contaminated wastewater does not enter the rainwater drainage network[154]. Shareholder Structure and Changes - The controlling shareholder's stake decreased from 20.14% to 14.04% after a major asset restructuring, posing potential risks to the company's operations and management[91]. - The company has a diverse shareholder base, including state-owned and private entities, indicating a broad investment interest[177]. - The top shareholder, China Geological Survey Institute, held 246,382,218 shares, representing 14.04% of the total shares[177]. - The company has committed to not selling shares for 12 months post-IPO, indicating a long-term investment strategy by major shareholders[174]. - The total number of ordinary shareholders at the end of the reporting period was 94,253, an increase from 90,513 at the end of the previous month[177]. Research and Development - The company has obtained 10 new patents during the reporting period, including 2 invention patents and 8 utility model patents[36]. - Research and development expenses totaled ¥130,347,276.30, which is 2.09% of operating revenue, with 160 R&D personnel making up 7.80% of the total workforce[57]. - The company is enhancing its research and development efforts to improve product value and technological content in response to diverse market demands[83]. - The company is investing in new technology development, allocating 50 million yuan for R&D initiatives[186]. - The company emphasizes technological innovation, achieving industry-leading production techniques and processes through partnerships with research institutions[29]. Market Expansion and Strategy - The company is actively extending its business along the upstream and downstream of the rare earth industry chain[42]. - The company is focusing on both domestic and international markets to optimize resource utilization and market reach[82]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 300 million yuan for potential deals[186]. - The company is implementing a strategy to extend its industry chain, integrating rare earth mining, refining, and processing, while enhancing its technological and management capabilities[88]. - The company has established a stable and effective raw material procurement and reserve system, ensuring a steady supply of high-quality rare earth minerals[30]. Community Engagement and Social Responsibility - The company is actively engaged in poverty alleviation efforts, aligning with national goals for common prosperity[145]. - The company provided employment opportunities for 3 impoverished individuals, with a total of 18,000 RMB allocated for poverty alleviation funds and materials in 2018[148]. - The company donated over 400 books and 10,000 RMB for educational support to a local village school as part of its poverty alleviation initiatives[147]. - The company allocated 26,845,000 RMB specifically for targeted poverty alleviation work in 2018[148]. - The company improved educational resources in impoverished areas with an investment of 15,000 RMB[148].

Financial Performance - Operating revenue for the first nine months reached CNY 5.32 billion, a growth of 33.79% year-on-year[7]. - Net profit attributable to shareholders decreased by 15.16% to CNY 338.15 million for the first nine months[7]. - Basic earnings per share fell by 15.15% to CNY 0.1927[7]. - The company reported a net loss of CNY 17,607,791.72 compared to a loss of CNY 42,226,226.77 in the previous period, indicating an improvement in financial performance[20]. - Total profit for the first nine months was ¥65,122,290.44, a significant increase from ¥4,140,964.19 in the same period last year[28]. - The company reported a net loss of ¥10,884,198.33 for the third quarter, compared to a loss of ¥8,498,116.37 in the same quarter last year[28]. Cash Flow - Net cash flow from operating activities improved significantly to CNY 79.71 million, a 119.58% increase compared to the same period last year[7]. - The net cash flow from investing activities improved by 84.64%, reaching CNY -38.61 million[7]. - The net cash flow from financing activities showed a significant decline of 108.84%, totaling CNY -94.15 million[7]. - Net cash flow from operating activities was ¥79,713,508.34, compared to a net outflow of ¥407,079,302.13 in the previous year[31]. - The company experienced a net cash outflow from investing activities of ¥38,608,733.58, compared to a net outflow of ¥251,323,710.86 in the previous year[32]. - Net cash flow from investing activities was $293.22 million, a turnaround from -$200.25 million in the previous year[34]. - Net cash flow from financing activities was -$250.06 million, a decline from $589.95 million year-over-year[34]. Assets and Liabilities - Total assets increased by 5.69% to CNY 8.83 billion compared to the end of the previous year[7]. - Current assets rose to CNY 6,601,973,053.17 from CNY 6,124,974,991.36, an increase of about 7.8%[14]. - Total liabilities increased to CNY 3,349,318,655.35 from CNY 3,160,842,582.62, representing a growth of approximately 6.0%[16]. - Owner's equity rose to CNY 5,476,894,180.98 from CNY 5,190,263,605.00, an increase of about 5.5%[16]. - Short-term loans increased by 43.57% to approximately ¥1.22 billion, reflecting adjustments in the financing structure[10]. Shareholder Information - The total number of shareholders reached 99,154 by the end of the reporting period[9]. - The top ten shareholders collectively hold 56.88% of the company's shares, with the largest shareholder, China Geological Survey, holding 14.04%[9]. Operating Costs and Expenses - Operating costs increased by 42.81% to approximately ¥4.55 billion, primarily due to increased sales of rare earth products[10]. - Research and development expenses for Q3 2018 totaled ¥44,990,870.25, an increase of 46.0% compared to ¥30,819,359.34 in Q3 2017[23]. - Management expenses for the third quarter were ¥10,208,919.19, up from ¥4,554,270.21 in the same period last year[31]. - Financial expenses for the third quarter decreased to ¥919,298.65 from ¥5,527,667.89 in the previous year[31]. Government Support - Government subsidies recognized in the current period totaled CNY 3.07 million[8].

2018 年半年度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2018 年半年度报告 1 / 155 2018 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、 公司负责人胡泽松、主管会计工作负责人唐光跃及会计机构负责人（会计主管人员）夏兰田 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 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 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讨论与分析中可能面临的 风险的内容。 十、 其他 | 芜湖君华 | 指 | 芜湖君 ...