2022 年第一季度报告 单位：元 币种：人民币 证券代码：600577 证券简称：精达股份 铜陵精达特种电磁线股份有限公司 2022 年第一季度报告 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、准确性和完整性依法承担法律责任。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | |-----------------------------------------------|------------------|-------------------------------------| | 项目 | 本报告期 | 本报告期比上年同期增 减变动幅度 (%) | | 营业收入 | 4,576,414,64 ...

Financial Performance - The company achieved a net profit of ¥239,819,187.24 for the year 2021, with a proposed cash dividend of ¥0.30 per share[6]. - The total distributable profit available to shareholders as of December 31, 2021, was ¥431,773,298.91 after accounting for the previous year's undistributed profits and cash dividends[6]. - The company plans to allocate 10% of the net profit, amounting to ¥23,981,918.72, to the statutory surplus reserve[6]. - The company's operating revenue for 2021 was ¥18,329,777,052.15, representing a 47.26% increase compared to ¥12,446,903,327.22 in 2020[27]. - Net profit attributable to shareholders for 2021 was ¥549,139,404.49, a 31.09% increase from ¥418,902,737.52 in 2020[27]. - The basic earnings per share for 2021 was ¥0.28, an increase of 27.27% from ¥0.22 in 2020[27]. - The weighted average return on equity for 2021 was 13.25%, an increase of 1.77 percentage points from 11.48% in 2020[27]. - The company achieved a total revenue of 17,853,132,321.22 RMB, representing a year-over-year growth of 47.01%[61]. - The company's net profit reached 64,413.40 million RMB, an increase of 28.57% compared to the previous year[51]. Cash Flow and Investments - The net cash flow from operating activities was negative at -¥498,187,467.54, a decrease of 220.67% compared to ¥412,858,537.81 in 2020[27]. - The company’s operating cash flow showed a negative net amount of -498,187,467.54 RMB, primarily due to the impact of rising copper prices[56]. - Cash received from sales and services increased by 58.49% to ¥17,664,474,186.65 compared to ¥11,145,244,258.39 in the previous year[92]. - Cash received from tax refunds increased by 210.08% to ¥37,805,329.55, primarily due to increased export tax rebates[92]. - Total investment during the reporting period amounted to ¥438,187,156.45, representing an increase of 606.21% compared to the previous year's investment of ¥62,047,704.31[107]. Risk Management - The company has detailed potential risks in the management discussion and analysis section of the report[10]. - The company faces risks from macroeconomic fluctuations, production disruptions due to COVID-19, and raw material price volatility, which it plans to mitigate through strategic adjustments and cost control measures[135][138]. - The company has established a risk control management committee to monitor customer dynamics and mitigate financial risks associated with accounts receivable[138]. Corporate Governance - The audit report issued by Rongcheng CPA was a standard unqualified opinion, ensuring the accuracy of the financial statements[5]. - The company has established a comprehensive internal control system, which was audited and deemed effective by Rongcheng Accounting Firm[198]. - The company has implemented comprehensive risk management and internal control systems to enhance operational efficiency and risk resilience[142]. - The company has maintained compliance with the cash dividend guidelines set by the China Securities Regulatory Commission and the Shanghai Stock Exchange[191]. Research and Development - The total R&D expenditure amounted to ¥181,928,853.15, with no capitalized R&D costs[79]. - R&D investment accounted for 0.99% of total revenue in 2021[81]. - The company has completed various R&D projects with a total investment exceeding 10 million CNY in 2021[86]. - The company has ongoing R&D projects for high-temperature self-adhesive enameled wire with a planned investment of 150,000 CNY, with actual spending of 148.73 thousand CNY, completed in 2021[84]. Market Position and Strategy - The company is positioned as one of the top three manufacturers of special electromagnetic wire globally, with significant advantages in management, quality, and technology[46]. - The company has established long-term strategic partnerships with well-known clients such as T Company, General Motors, BYD, and LG, ensuring stable demand and strong financial backing[48]. - The company plans to expand its market share in high-end applications such as new energy vehicles and renewable energy sectors[131]. - The company is committed to digitalizing all business processes and building an industrial internet platform to improve supply chain management and collaboration[134]. Shareholder Engagement - The company emphasizes shareholder returns, actively engaging with investors to enhance understanding and recognition of its operations[142]. - The company has maintained a commitment to protecting the rights of minority shareholders, ensuring fair treatment in all corporate actions[142]. - The company has actively sought investor feedback to refine its cash dividend policy in accordance with regulatory guidelines[189]. Employee and Management Compensation - The total pre-tax compensation for the chairman, Li Xiao, was 1.7 million CNY[150]. - The total pre-tax compensation for the vice chairman, Chen Bin, was 1.7 million CNY[150]. - The total pre-tax compensation for the general manager, Qin Bing, was 900,000 CNY[150]. - Total compensation for all directors, supervisors, and senior management at the end of the reporting period amounted to 11.66 million yuan[167].

2021 年第三季度报告 单位：元 币种：人民币 证券代码：600577 证券简称：精达股份 铜陵精达特种电磁线股份有限公司 2021 年第三季度报告 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。 重要内容提示： 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|-----------------------------------------|-------------------|-------------------- ...

Financial Performance - The company's operating revenue for the first half of the year reached ¥8,907,242,375.75, representing a 59.93% increase compared to ¥5,569,541,001.12 in the same period last year[22]. - Net profit attributable to shareholders was ¥273,732,732.30, up 60.17% from ¥170,905,900.63 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥251,925,305.95, reflecting a 59.30% increase compared to ¥158,143,590.96 in the previous year[22]. - Basic earnings per share rose to ¥0.142, a 59.55% increase from ¥0.089 in the same period last year[22]. - The company's total assets increased by 14.25% to ¥10,243,505,065.89 from ¥8,965,775,684.24 at the end of the previous year[22]. - The company's total profit amounted to CNY 18,799,228.73, a significant increase from a total loss of CNY -1,212,280.70 in the previous period[177]. - The total comprehensive income for the first half of 2021 was ¥315,892,945.48, compared to ¥184,802,119.63 in the previous year, representing an increase of about 70.8%[172]. Production and Sales - The company sold approximately 158,588 tons of traditional enameled round copper wire and aluminum wire in the first half of 2021[29]. - Sales of new energy vehicle flat wire products exceeded 2,045 tons during the same period[29]. - In the first half of 2021, the company's total production and sales volume reached 159,215 tons and 158,588 tons, respectively, representing year-on-year increases of 20.78% and 18.84%[40]. - The company achieved a sales revenue of 8.907 billion yuan and a total profit of 390 million yuan in the first half of 2021[40]. Research and Development - The company holds a total of 215 valid patents, including 69 invention patents and 146 utility model patents, as of June 30, 2021[40]. - The company has been recognized as a national pilot demonstration enterprise for industrial internet and has established 12 R&D platforms and 3 national-level CNAS laboratories[36]. - Research and development expenses increased by 15.18% to ¥86,016,349.61, reflecting planned investments following pandemic-related delays[46]. - The company is focusing on the development of flat wire motors for electric vehicles, which are expected to become standard in mid-to-high-end new energy vehicles[43]. Risk Management - The company has detailed potential risks in the report, which can be found in the management discussion and analysis section[7]. - The company faces macroeconomic fluctuation risks, as its products are primarily used in industries like home appliances, automotive, and aerospace, which are sensitive to economic conditions[65]. - The company is exposed to raw material price fluctuation risks, particularly for copper and aluminum, which could significantly impact production costs if prices rise[65]. - The company has established a risk control management committee to monitor customer dynamics and mitigate financial risks using big data technology[65]. Environmental Initiatives - The company has implemented pollution control measures, including a catalytic combustion device in the production process, which also recycles heat for energy efficiency[86]. - The company actively promotes green manufacturing, with its subsidiaries receiving various green factory certifications, including "National Green Factory" status[94]. - The company has committed to long-term support for rural revitalization efforts, ensuring the sustainability of poverty alleviation outcomes[96]. - The company has established emergency response plans for environmental incidents, with multiple registrations filed with environmental authorities[89]. Corporate Governance - The board of directors confirmed that all members attended the board meeting, ensuring the integrity of the report[5]. - The company held several shareholder meetings in 2021, with significant participation, including a 36.78% representation at the first extraordinary general meeting[72]. - Key management changes occurred, including the resignation of the financial director and the appointment of a new financial director in April 2021[77]. - The company has not reported any significant litigation or arbitration matters during the reporting period[108]. Financial Position - Total assets at the end of the reporting period reached CNY 10,243,505,065.89, with total liabilities of CNY 5,595,899,400.41, resulting in a debt-to-asset ratio of 54.63%[145]. - The company's equity attributable to shareholders rose to ¥4,139,615,787.42 from ¥3,823,709,582.22, marking an increase of about 8.3%[156]. - Total current assets increased to ¥8,366,001,473.92 as of June 30, 2021, up from ¥7,156,357,336.66 at the end of 2020, representing a growth of approximately 16.9%[151]. - Cash and cash equivalents rose to ¥1,473,349,105.07, compared to ¥1,102,444,266.85 at the end of 2020, marking an increase of about 33.7%[151].

2021 年第一季度报告 公司代码：600577 公司简称：精达股份 铜陵精达特种电磁线股份有限公司 2021 年第一季度报告 1 / 22 2021 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 / 22 2021 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 公司负责人李晓、主管会计工作负责人张军强及会计机构负责人（会计主管人员）张军强保 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 achieved a net profit of ¥255,494,560.83 for the year 2020, with a proposed cash dividend of ¥0.20 per share[7]. - Total revenue for 2020 was ¥12,446,903,327.22, representing a 3.75% increase compared to ¥11,997,432,321.66 in 2019[25]. - The net profit attributable to shareholders decreased by 4.29% to ¥418,902,737.52 in 2020 from ¥437,688,660.78 in 2019[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 363,196,478.87, a decrease of 8.12% compared to the previous year[28]. - The net cash flow from operating activities was CNY 412,858,537.81, down 29.83% from CNY 588,352,715.85 in the previous year[28]. - Basic earnings per share decreased by 4.35% to CNY 0.22 from CNY 0.23 in the previous year[29]. - The weighted average return on net assets decreased by 1.57 percentage points to 11.48% from 13.05% in the previous year[29]. - The company reported a quarterly revenue of CNY 3,612,575,175.51 in Q4, showing a sequential increase from Q3[32]. - The net profit attributable to shareholders in Q4 was CNY 117,761,794.67, reflecting a decrease compared to Q3[32]. - The company reported a consolidated main business revenue of CNY 12,144,054,022.71, an increase of 3.73% compared to the previous year[76]. - The net profit for the year was CNY 50,100.61 million, reflecting a decrease of 6.19% year-on-year[73]. Dividend and Profit Allocation - The company plans to allocate ¥25,549,456.08 to statutory surplus reserves, which is 10% of the net profit[7]. - The total distributable profit available for shareholders as of December 31, 2020, was ¥254,365,109.59 after accounting for previous dividends[7]. - In 2020, the company distributed cash dividends of RMB 0.7 per 10 shares, totaling RMB 134,498,363.37, which represents 32.11% of the net profit attributable to ordinary shareholders[154]. - The company is enhancing its cash dividend policy to ensure transparency and appropriate returns to shareholders while balancing future development needs[154]. Assets and Liabilities - The total assets increased by 43.53% to CNY 8,965,775,684.24 from CNY 6,246,772,695.96 at the end of the previous year[28]. - Accounts receivable reached ¥1,737,439,449.85, representing 19.38% of total assets, with a substantial increase of 3,448.19% from the previous period's ¥48,966,873.99[105]. - The company’s short-term liabilities rose to ¥1,141,163,897.8, an increase of 56.98% from ¥726,953,159.7[109]. - Long-term loans increased to ¥24,801,673.07, a rise of 310.4% from ¥6,043,289.15 in the previous period[114]. - The company’s other comprehensive income decreased by 50.12% to ¥42,336,556.87 from ¥84,883,504.64, primarily due to fluctuations in foreign currency financial statement translation[114]. Production and Sales - The company is the largest manufacturer of special electromagnetic wires in China, with a sales volume of approximately 148,000 tons of enameled round copper wire and enameled flat copper wire in 2020[44]. - The sales of enameled round aluminum wire exceeded 70,000 tons in 2020, with production bases located in Anhui and Guangdong[44]. - The company achieved a sales volume of about 68,000 tons for special conductors in 2020, with production facilities in multiple provinces[44]. - The company achieved a total product output of 283,200 tons in 2020, with sales revenue of 12.144 billion yuan and a total profit of 622 million yuan, successfully meeting the targets set by the board at the beginning of the year[66]. - The company reported a production volume of enameled wire of 210,013 tons, with a sales volume of 208,884 tons, reflecting a slight decrease of 0.65% in sales volume year-over-year[84]. Research and Development - The company holds 214 valid patents as of December 31, 2020, including 59 invention patents and 155 utility model patents, reflecting its strong focus on intellectual property protection and innovation[66]. - The company has established 12 R&D platforms and 3 national-level CNAS laboratories, enhancing its technological innovation capabilities[59]. - The company is actively developing new products for the new energy vehicle market, focusing on high-performance flat electromagnetic wires[48]. - The company has ongoing R&D projects, including a high-density flat electromagnetic wire for drive motors, with an investment of ¥491.53 million in 2020[96]. - The company completed the development of high-performance aluminum-based electromagnetic wire with a production capacity of 1,200 tons, achieving a revenue of 1,199.52 million in 2020[99]. Market Position and Strategy - The company has a market share of approximately 12% in the domestic electromagnetic wire demand, with a total demand of about 1.8 million tons in 2020[56]. - The company exports about 10% of its products to 27 countries and regions, including Southeast Asia, Europe, and the Middle East[53]. - The company is focusing on developing flat electromagnetic wires for new energy vehicles and photovoltaic applications, positioning itself as a domestic leader in this market segment[66]. - The company is actively implementing a "two-pole stretching" development strategy, aiming to expand its market share from the current 12% in the domestic electromagnetic wire market, which has an annual demand of approximately 1.8 million tons[66]. - The company plans to expand production capacity and solidify its leading position in the electromagnetic wire market, with a focus on a 30,000-ton flat electromagnetic wire project[149]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the report[9]. - The company faces risks from raw material price fluctuations, particularly for copper and aluminum, which could impact production costs[150]. - The company has established a risk control management committee to monitor customer dynamics and mitigate accounts receivable risks due to tight customer funding[150]. - The company is closely monitoring macroeconomic conditions and adjusting its product structure to mitigate potential impacts on sales from economic fluctuations[150]. Corporate Social Responsibility - The company has invested over CNY 800,000 in poverty alleviation efforts, successfully helping the entire village of Xinbu escape poverty[72]. - The company actively engaged in various poverty alleviation efforts, including employment and education support, to assist villagers in increasing their income[182]. - The company has committed to ongoing poverty alleviation efforts, including direct assistance to impoverished households and community support activities[188]. - The company emphasizes compliance with laws and regulations, ensuring accurate and timely information disclosure to protect shareholder rights[189]. - The company has implemented environmental protection measures, including a catalytic combustion device to manage waste gas emissions during production[193].

Financial Performance - Net profit attributable to shareholders decreased by 2.21% to CNY 301,140,942.85 year-to-date[17] - Operating income for the first nine months was CNY 8,834,328,151.71, a decrease of 1.13% compared to the same period last year[17] - Basic earnings per share decreased by 1.88% to CNY 0.157[17] - Total revenue for Q3 2020 reached ¥3,264,787,150.59, an increase of 15.8% compared to ¥2,819,069,121.75 in Q3 2019[52] - Net profit for Q3 2020 was ¥157,427,447.56, a rise of 9.5% from ¥144,449,308.42 in Q3 2019[60] - Earnings per share for Q3 2020 increased to ¥0.13, compared to ¥0.12 in Q3 2019[60] - Total comprehensive income for Q3 2020 was ¥194,805,561.60, compared to ¥134,194,755.46 in Q3 2019, indicating a growth of approximately 45%[76] Cash Flow - Net cash flow from operating activities increased by 52.52% to CNY 495,315,012.72 year-to-date[17] - The company reported a net cash flow from operating activities of CNY 495,315,012.72, reflecting strong operational performance[17] - The cash inflow from operating activities for the first three quarters of 2020 was CNY 7,910,150,501.91, a decrease of 2.13% compared to CNY 8,082,508,631.85 in the same period of 2019[80] - The net cash flow from operating activities increased to CNY 495,315,012.72, up from CNY 324,763,296.32 in the previous year, representing a growth of 52.5%[80] - The cash inflow from financing activities reached CNY 1,709,848,462.04, significantly higher than CNY 834,680,569.54 in the same period of 2019, marking an increase of 104.5%[83] - The net cash flow from financing activities was CNY 538,031,755.11, a turnaround from a negative CNY -164,682,330.49 in the previous year[83] Assets and Liabilities - Total assets increased by 15.47% to CNY 7,213,076,736.77 compared to the end of the previous year[17] - Current assets rose to ¥5,412,291,192.72, up from ¥4,505,616,561.45, indicating an increase of about 20.1% year-over-year[40] - Total liabilities increased to ¥3,092,233,204.13 from ¥2,128,752,022.68, which is an increase of approximately 45.2%[42] - The company's equity attributable to shareholders rose to ¥3,671,663,592.69 from ¥3,552,319,618.75, showing an increase of about 3.4%[42] - The company’s total liabilities to total assets ratio is approximately 34.1%, indicating a moderate level of leverage[91] - The company’s total liabilities to total assets ratio stands at approximately 16.9%, suggesting a relatively low leverage position[100] Shareholder Information - The total number of shareholders at the end of the reporting period was 108,121[22] - The largest shareholder, Tehua Investment Holdings Co., Ltd., holds 250,258,383 shares, accounting for 13.02% of the total[24] Investments and Expenses - Research and development expenses decreased by 37.39% to RMB 100,819,443.92, down from RMB 161,032,942.20[31] - The company plans to expand its market presence and invest in new technologies to drive future growth[52] - The company reported investment income of ¥199,739,106.25 in Q3 2020, up from ¥138,266,767.17 in Q3 2019, marking a growth of about 44%[73] - The company incurred management expenses of ¥6,965,890.78 in Q3 2020, compared to ¥4,399,811.89 in Q3 2019, reflecting an increase of about 58.5%[73] Other Financial Metrics - The weighted average return on net assets decreased by 1.29 percentage points to 8.32%[17] - Cash and cash equivalents increased by 81.87% to RMB 1,802,048,993.27, up from RMB 990,863,519.68[28] - Trading financial assets rose by 105.02% to RMB 126,100,000.00, compared to RMB 61,506,571.69[28] - The company reported a deferred tax asset of approximately ¥49.76 million, which may provide future tax benefits[91] - The company has a significant amount of undistributed profits, totaling approximately ¥1.46 billion, which can be reinvested for growth[94]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 5,569,541,001.12, a decrease of 8.94% compared to CNY 6,116,445,543.67 in the same period last year[25]. - The net profit attributable to shareholders for the first half of 2020 was CNY 170,905,900.63, down 8.78% from CNY 187,353,766.54 in the previous year[25]. - The company reported a net profit of CNY -1,212,280.70 for the first half of 2020, indicating a challenging financial environment[6]. - The net cash flow from operating activities increased significantly to CNY 604,193,763.35, representing a 221.15% increase compared to CNY 188,135,798.03 in the same period last year[25]. - The total production and sales volume for the company was 131,817 tons and 133,452 tons, respectively, representing a year-on-year decline of 4% and 4.43%[53]. - The company reported a net profit for the first half of 2020 of CNY 242,994,341.78, compared to CNY 307,984,090.73 in the first half of 2019, indicating a decline of 21.05%[148]. - The company’s total assets at the end of the reporting period were significantly impacted by a 93.65% decrease in accounts receivable, adjusted to reflect new standards[59]. - The company reported a total comprehensive income of CNY 184,802,119.63 for the first half of 2020, compared to CNY 236,132,823.32 in the same period of 2019, marking a decline of approximately 21.7%[157]. Assets and Liabilities - The total assets as of June 30, 2020, were CNY 6,381,823,562.50, an increase of 2.16% from CNY 6,246,772,695.96 at the end of the previous year[27]. - The total liabilities were RMB 3,640,230,000.00, compared to RMB 3,500,000,000.00 at the end of 2019, showing an increase of about 4.00%[137]. - The total equity attributable to shareholders was CNY 2,179,577,611.08, down from CNY 2,315,288,255.15 at the end of 2019, reflecting a decrease of 5.86%[148]. - The company reported a significant increase in financial assets, with trading financial assets rising to RMB 169,000,000.00 from RMB 61,506,571.69, an increase of approximately 174.55%[134]. Research and Development - The company has a strong R&D team with 179 patents, including 41 invention patents, and has established partnerships with various universities and research institutions to accelerate product development[45]. - Research and development expenses for the first half of 2020 were CNY 74,678,246.07, a decrease of 29.93% from CNY 106,559,892.57 in the same period of 2019[148]. Market Position and Strategy - The company is the largest manufacturer of special electromagnetic wire in China, with a production capacity exceeding 200,000 tons for three consecutive years[35]. - The company has expanded its export markets, with products sold to 27 countries and regions, including Southeast Asia, Europe, and the Middle East[39]. - The company has implemented a "two-pole stretching" development strategy, focusing on high-end products and expanding into new markets such as new energy vehicles and special conductor materials for 5G[50]. - The company has formed strategic partnerships with international firms, including a collaboration with a nearly century-old American company, enhancing its management practices and operational efficiency[44]. Social Responsibility - The company has donated a total of 1 million yuan to support COVID-19 prevention efforts, demonstrating its commitment to social responsibility during the pandemic[50]. - The company has successfully helped 6 households and 7 individuals in Xinbu Village to escape poverty in 2020[94]. - The company is actively involved in promoting local agricultural products through "consumption poverty alleviation" initiatives[104]. Environmental Compliance - The company has implemented low-temperature catalytic combustion devices at the outlet of its baking furnaces since the end of 2016, enhancing waste gas treatment and energy efficiency[106]. - The company has established emergency response plans for environmental incidents, which have been filed with the relevant environmental authorities[111]. - The company has committed to strict compliance with existing environmental discharge standards[117]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 115,710, with the largest shareholder holding 13.02% of shares[122]. - The company plans to distribute a cash dividend of CNY 0.50 per 10 shares, totaling CNY 134,498,363.37 from the undistributed profits[6].

2020 年第一季度报告 公司代码：600577 公司简称：精达股份 铜陵精达特种电磁线股份有限公司 2020 年第一季度报告 1 / 20 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 / 20 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 公司负责人李晓、主管会计工作负责人储忠京及会计机构负责人（会计主管人员）储忠京保 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 achieved a total operating revenue of ¥11,997,432,321.66 in 2019, representing a 0.84% increase compared to ¥11,897,796,103.91 in 2018[23]. - The net profit attributable to shareholders of the listed company was ¥437,688,660.78, a slight increase of 0.07% from ¥437,397,811.51 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥395,298,912.57, showing a significant increase of 20.33% from ¥328,507,173.51 in 2018[23]. - The net cash flow from operating activities decreased by 25.25% to ¥588,352,715.85 from ¥787,140,114.64 in 2018[23]. - Basic earnings per share for 2019 was CNY 0.23, a 4.55% increase from CNY 0.22 in 2018[27]. - Diluted earnings per share for 2019 was also CNY 0.23, reflecting the same 4.55% growth compared to the previous year[27]. - The weighted average return on equity decreased to 13.05% in 2019, down 1.18 percentage points from 14.23% in 2018[27]. - The consolidated main business revenue for the year was RMB 11,707,830,715.03, an increase of 0.22% compared to the previous year[55]. - The consolidated operating profit was RMB 59,650.11 million, while the net profit was RMB 53,405.17 million, reflecting a decrease of 4.28% and an increase of 3.70% respectively[50]. Assets and Liabilities - The total assets at the end of 2019 were ¥6,246,772,695.96, an increase of 11.07% from ¥5,624,021,106.40 at the end of 2018[26]. - The net assets attributable to shareholders of the listed company increased by 11.81% to ¥3,552,319,618.75 from ¥3,177,161,587.31 in 2018[26]. - The company reported a decrease of 25.25% in net cash flow from operating activities, totaling RMB 588,352,715.85[51]. - The company’s total restricted assets amounted to CNY 389,323,661.47, including cash, receivables, and fixed assets[84]. - Long-term payables decreased by 100% to CNY 188,860.79, reflecting reduced expenses related to project payments[80]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of ¥0.70 per 10 shares, totaling ¥254,988,627.76 available for distribution to shareholders[6]. - The company distributed cash dividends of RMB 0.70 per 10 shares for the 2019 fiscal year, totaling RMB 142.43 million, which is 32.54% of the net profit attributable to shareholders[120]. Research and Development - Research and development expenses totaled CNY 186,961,892.78, accounting for 1.56% of total revenue[69]. - The company employed 395 R&D personnel, making up 12.10% of the total workforce[69]. - The company completed several R&D projects, including high-performance special flat wires and environmentally friendly self-adhesive enameled wires[70]. - The company has a total of 179 patents, including 41 invention patents and 138 utility model patents, and has participated in the drafting of 18 national and industry standards[46]. Market Position and Strategy - The company is the largest manufacturer of special electromagnetic wires in China, with sales of over 150,000 tons of enameled round copper wire and enameled flat copper wire in 2019[37]. - The company aims to enhance its market position by leveraging its industry leadership and flexible sales strategies to meet diverse customer needs[37]. - The company aims to implement a "dual-wheel drive" strategy focusing on traditional and emerging industries, enhancing product structure and expanding into new markets such as new energy and 5G[110]. - The company plans to enhance product and service quality, focusing on "fine manufacturing + craftsmanship service" to win the market[112]. Social Responsibility and Community Engagement - The company helped 94 individuals from registered impoverished households to escape poverty during the year[148]. - A total of 201 poverty alleviation projects were initiated by the company[147]. - The company invested RMB 0.4 million in financial aid for one impoverished student[147]. - The company has committed to investing in local agricultural projects, including fruits, forestry, and traditional Chinese medicine, to support sustainable development in the community[152]. Environmental Protection - The company has been recognized as a national "green factory" by the Ministry of Industry and Information Technology, emphasizing its commitment to environmental protection[49]. - The company has invested in pollution control facilities, including catalytic combustion devices to reduce emissions during production processes[159]. - The company has received environmental impact assessments and approvals for its production projects, ensuring compliance with environmental regulations[160]. Corporate Governance - The company has implemented a modern corporate governance structure to ensure compliance with laws and regulations, enhancing operational transparency[153]. - The company has maintained compliance with commitments made by its actual controllers and shareholders during the reporting period[122]. - The company has not encountered any major litigation or arbitration matters during the reporting period[130].