公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2019 年第一季度报告 福建龙溪轴承（集团）股份有限公司董事会 二○一九年四月二十三日 | 一、 | 重要提示 2 | | --- | --- | | 二、 | 公司基本情况 2 | | 三、 | 重要事项 4 | | 四、 | 附录 9 | 2019 年第一季度报告 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。 二、 公司基本情况 2.1 主要财务数据 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 | 2,715,112,775.37 | 2,662,913,744.17 | 1.96 | | | 归属于上市公司 | 1,961,189,276.03 | 1,834,628,942.95 | 6.90 ...

Financial Performance - In 2018, the company achieved a net profit of ¥85,236,378.15, with a profit distribution plan proposing a cash dividend of ¥1.00 per 10 shares, totaling ¥39,955,357.10[5] - The company's operating revenue for 2018 was ¥1,025,817,868.53, representing a year-on-year increase of 15.20% compared to ¥890,472,067.71 in 2017[21] - The net profit attributable to shareholders increased by 23.57% to ¥87,752,160.94 in 2018 from ¥71,015,993.64 in 2017[21] - Basic earnings per share increased by 23.58% to CNY 0.2196 compared to CNY 0.1777 in the previous year[23] - The weighted average return on equity rose to 4.70%, an increase of 0.95 percentage points from 3.75% in the previous year[23] - The company reported a total of CNY 44,213,863.78 in non-recurring gains and losses for 2018, compared to CNY 36,367,067.89 in 2017[28] - The company achieved a total revenue of 1,025,817,868.53 CNY, representing a year-on-year increase of 15.20%[45] - The net profit attributable to the parent company reached 8,775.22 CNY, reflecting a growth of 23.57% compared to the previous year[41] Cash Flow and Assets - The cash flow from operating activities showed a significant improvement, reaching ¥85,623,805.34, compared to a negative cash flow of ¥70,060,761.64 in 2017, marking a 222.21% increase[21] - Total assets decreased by 5.21% to ¥2,662,913,744.17 at the end of 2018 from ¥2,809,231,774.56 at the end of 2017[21] - The net assets attributable to shareholders decreased by 3.42% to ¥1,834,628,942.95 at the end of 2018 compared to ¥1,899,677,637.42 at the end of 2017[21] - The company’s cash flow from operating activities showed a significant improvement in Q4 2018, reaching CNY 78,201,493.01 after a negative cash flow in Q1[26] - Cash and cash equivalents increased by 39.43% to 208,230,459, accounting for 7.82% of total assets, influenced by bank loans and operational cash flows[61] - Accounts receivable decreased by 14.72% to 178,582,343, representing 6.71% of total assets, due to reduced use of bill settlement[61] - Inventory rose by 15.63% to 437,972,568, making up 16.4% of total assets, driven by expanded production to meet market demand[61] Market and Operational Challenges - The company faced challenges due to a slowdown in global economic growth and intensified competition, impacting profit margins and operational difficulties[33] - The overall market environment for the bearing manufacturing industry remains challenging, with demand fluctuations and increased costs impacting profitability[64] - Rising costs due to high steel prices and increasing labor costs are expected to compress profit margins[90] - The company is actively expanding into new markets, including aerospace and rail transportation, to mitigate the impact of slowing demand in traditional sectors[39] Research and Development - The company developed over 300 new products annually, showcasing its strong R&D capabilities[36] - The company is investing in new technologies and products remains a focus, with ongoing development in high-end components and machinery[32] - R&D expenses increased by 12.77% to 87,038,056.93 CNY, accounting for 8.48% of total revenue[56][57] - New product development initiatives are underway, with an investment of 50 million allocated for R&D in advanced bearing technologies[163] Corporate Governance and Compliance - The company has established a comprehensive corporate governance mechanism in accordance with relevant laws and regulations, ensuring the protection of shareholder interests[179] - The audit committee confirmed that the 2017 financial statements complied with accounting standards and accurately reflected the company's financial status[186] - The company did not experience any violations related to insider trading or regulatory actions during the reporting period[181] - The company has maintained a consistent relationship with its accounting firm, with the current auditor being engaged for 7 years and receiving a remuneration of ¥850,000[104] Dividend Policy - The company has a cash dividend policy that mandates a minimum of 30% of the distributable profits to be distributed as cash dividends annually, barring significant changes in the operating environment[94] - In 2018, the company distributed a cash dividend of 1.00 RMB per 10 shares, amounting to a total of 39,955,357.10 RMB, which represents 45.53% of the net profit attributable to ordinary shareholders[96] - The company revised its profit distribution policy in December 2018 to align with new regulations from the China Securities Regulatory Commission[94] Social Responsibility - In 2018, the company donated 127,507.72 yuan in funds and materials for poverty alleviation, visiting 269 impoverished households[140] - The company invested 32,000 yuan in an industry development poverty alleviation project, helping 4 registered impoverished households achieve employment[141] - The company plans to provide financial assistance to impoverished families before the Spring Festival and assign executives to specific impoverished households for targeted support[143] Environmental Management - The company achieved ISO14001:2015 environmental management system certification during the reporting period[144] - The company emphasizes a low-carbon production approach and aims for continuous improvement in environmental management[144] - The company has established annual environmental goals and management measures to effectively manage key pollution sources[144] Future Outlook - The company provided a positive outlook for 2019, projecting a revenue growth of 10% to 12% based on current market trends and user acquisition strategies[163] - Future guidance suggests a projected revenue growth of 10% for the upcoming fiscal year[162] - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share within the next two years[163]

2018 年第三季度报告 公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2018 年第三季度报告 福建龙溪轴承（集团）股份有限公司董事会 二〇一八年十月二十六日 1 / 22 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 9 | 2018 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 / 22 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 2,670,150,390.50 2,809,231,774.56 -4.95 归属于上市公司 股东的净资产 1,828,570,442.58 1,899,677,637.42 -3.74 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 7,422,312.33 -123,923,409.59 105.99 年初至报告期末 （1-9 月） ...

福建龙溪轴承（集团）股份有限公司 600592 2018 年半年度报告 福建龙溪轴承（集团）股份有限公司董事会 二〇一八年八月二十三日 2018 年半年度报告 公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2018 年半年度报告 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的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？ □适用 √不适用 1 重要提示 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 本报告期内无利润分配方案或公积金转增股本预案。 | 常用词语释义 | | | | --- | --- | --- | | 中国证监会、证监局 | 指 | 中国证券监督管理委员会 | | 福建省证监局 | 指 | 中国证券监督管理委员会福建监管局 | | 上交所 | 指 | 上海证券交易所 | | 公司、本公司、本集团 | 指 | 福建龙溪轴承（集团）股份有限公司 | | 九龙江集团 | 指 | 漳州市九龙江集团有限公司 | | ...

公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2018 年第一季度报告 福建龙溪轴承（集团）股份有限公司董事会 二〇一八年四月二十四日 | 一、重要提示 | 2 | | --- | --- | | 二、公司基本情况 | 2 | | 三、重要事项 | 4 | | 四、附录 | 9 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 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 | 2,739,425,675.81 | 2,809,231,774.56 | | -2.48 | | 归属于上市公司股东 | 1,894,953,411.60 | 1,899,677,637.42 | | -0.25 | | 的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金 | -27,456,124.60 | -52,966,412.46 | | 4 ...

公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2017 年年度报告 福建龙溪轴承（集团）股份有限公司董事会 二〇一八年四月二十四日 2017 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、 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 | 林柳强 | 因公出差在外 | 曾凡沛 | | 董事 | 李文平 | 因公出差在外 | 陈晋辉 | 三、 致同会计师事务所（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、 公司负责人曾凡沛、主管会计工作负责人曾四新及会计机构负责人（会计主管人员）黄娅莹 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 经致同会计师事务所（特殊普通合伙）审计，公司2017年度实现净利润81,681,336.74元，根 据《公司法》及《公 ...

Financial Performance - Operating revenue for the first nine months reached CNY 677,030,176.50, a 55.03% increase year-on-year[6] - Net profit attributable to shareholders was CNY 57,864,481.43, a significant turnaround from a loss of CNY 4,324,819.28 in the same period last year, representing a 1,437.96% increase[6] - The weighted average return on equity improved by 3.22 percentage points to 3.00%[6] - Total operating revenue for Q3 2017 reached ¥251,373,835.18, a significant increase from ¥144,222,360.90 in Q3 2016, representing a growth of approximately 74.4%[33] - Net profit for Q3 2017 was ¥27,900,882.52, a turnaround from a net loss of ¥7,434,994.28 in Q3 2016[33] - The company's operating revenue for Q3 2017 was CNY 168,128,414.80, a significant increase from CNY 91,306,317.90 in the same period last year, representing an increase of 84.4%[36] - The net profit attributable to the parent company for Q3 2017 was CNY 27,599,612.42, compared to CNY 5,848,638.61 in Q3 2016, marking an increase of 371.5%[37] - The total comprehensive income for Q3 2017 was CNY 67,585,642.48, up from CNY 14,103,952.60 in the same quarter last year, reflecting a growth of 378.5%[38] Assets and Liabilities - Total assets increased by 6.78% to CNY 2,795,644,794.13 compared to the end of the previous year[6] - The company’s total liabilities increased, reflecting ongoing investments in growth and expansion initiatives[10] - The total liabilities as of September 30, 2017, were RMB 831.62 million, compared to RMB 695.07 million at the beginning of the year, marking an increase of approximately 19.6%[26] - The company's total assets reached RMB 2,795.64 million, up from RMB 2,618.05 million at the beginning of the year, reflecting a growth of about 6.77%[26] - The total equity attributable to shareholders increased to RMB 1,932.07 million from RMB 1,890.66 million, showing an increase of approximately 2.2%[26] Cash Flow - The company reported a net cash flow from operating activities of -CNY 123,923,409.59, a decline of 615.09% year-on-year[6] - Cash inflow from operating activities for the period (January to September) was CNY 474,095,179.13, an increase of 9.2% compared to CNY 434,198,229.98 in the same period last year[39] - Net cash flow from operating activities was negative at CNY -123,923,409.59, worsening from CNY -17,329,882.17 year-over-year[39] - Cash inflow from investment activities totaled CNY 190,927,045.26, up from CNY 126,590,882.40 in the previous year, marking a significant increase of 50.8%[39] - Cash inflow from financing activities was CNY 390,087,797.41, a substantial increase from CNY 20,495,741.86 in the same period last year[40] - Net cash flow from financing activities was CNY 94,142,227.02, recovering from a negative CNY -33,728,013.23 year-over-year[40] Research and Development - Research and development expenses increased by 38.02% to CNY 54,167,237.19 compared to the same period last year[10] - Research and development expenses for new products increased by 14.60 million year-on-year, reflecting the company's commitment to innovation[12] Shareholder Information - The number of shareholders reached 31,825, with the top ten shareholders holding a combined 43.66% of the shares[9] Market and Sales - Powder metallurgy sales increased by 2.66 million, and rolling functional components sales increased by 11.99 million, while other business income from material sales and rentals increased by 57.12 million[11] - The gross profit margin for the reporting period improved significantly due to increased sales volume and better market conditions[10]

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 425,656,341.32, representing a 45.52% increase compared to CNY 292,497,395.56 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2017 reached CNY 29,102,727.50, a significant increase of 6,575.53% from CNY 435,961.10 in the previous year[20]. - The basic earnings per share for the first half of 2017 was CNY 0.0728, up 6,518.18% from CNY 0.0011 in the same period last year[21]. - Total profit amounted to CNY 34.09 million, showing a significant increase of 1627.16% year-on-year[30]. - The company reported a net profit of CNY 18,115,106.80 after deducting non-recurring gains and losses, a turnaround from a loss of CNY -12,891,555.23 in the same period last year, marking a 240.52% improvement[20]. - The company forecasted a net profit of at least RMB 45 million for the first three quarters of the year, representing an increase of over 1140% compared to the same period last year[67]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 2,742,620,532.71, reflecting a 4.76% increase from CNY 2,618,052,509.53 at the end of the previous year[20]. - The company's net assets attributable to shareholders decreased by 1.45% to CNY 1,863,299,476.36 from CNY 1,890,659,684.31 at the end of the previous year[20]. - Total assets at the end of the period reached 2,749.36 million yuan, a 58.09% increase compared to the previous period[39]. - Current liabilities decreased to ¥333,195,670.50 from ¥424,397,346.74, a reduction of about 21.5%[108]. - Non-current liabilities rose to ¥513,299,797.21 from ¥270,676,286.33, indicating an increase of approximately 89.6%[108]. - Total liabilities increased to ¥846,495,467.71 from ¥695,073,633.07, reflecting a growth of around 21.8%[108]. Cash Flow - The net cash flow from operating activities was negative at CNY -80,819,560.11, worsening by 112.47% compared to CNY -38,037,712.92 in the same period last year[20]. - Net cash flow from operating activities increased by 15.35 million yuan due to higher product sales and improved cash collection cycles[35]. - Total cash inflow from investment activities was 188,118,953.78 RMB, while cash outflow was 139,093,161.89 RMB, resulting in a net cash flow of 49,025,791.89 RMB, a significant improvement from -72,679,555.98 RMB in the previous period[121]. - Cash inflow from financing activities totaled 390,087,797.41 RMB, with cash outflow of 251,629,436.98 RMB, leading to a net cash flow of 138,458,360.43 RMB, compared to -32,567,194.60 RMB previously[122]. - The total cash and cash equivalents at the end of the period increased to 247,166,026.67 RMB from 133,196,653.99 RMB, reflecting a positive cash position[122]. Research and Development - The company developed over 300 new products annually, showcasing its strong R&D capabilities[27]. - The company holds 63 authorized patents, including 28 invention patents, indicating its commitment to innovation[28]. - Research and development expenses increased due to new product development and military project investments[37]. Risks and Challenges - The company highlighted potential risks in its forward-looking statements, indicating that net profit forecasts may change due to macroeconomic conditions and industry environment fluctuations[7]. - The company faces risks from rising costs, particularly in steel and labor, which could compress profit margins[68]. - The company is exposed to risks from the underperformance of its new business in rolling functional components, necessitating stronger talent development and marketing efforts[68]. - The company is implementing measures to manage foreign exchange risks, particularly due to the appreciation of the Renminbi against the Euro[69]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 36,951[97]. - The largest shareholder, Zhangzhou Jiulongjiang Group Co., Ltd., held 151,233,800 shares, representing 37.85% of the total shares[99]. - The second largest shareholder, Guojin Asset Management Co., Ltd., held 17,896,300 shares, accounting for 4.48%[99]. Legal Matters - The company is involved in a significant legal dispute related to a customer, with an amount of 14.96 million RMB at stake, but there has been no notable progress[76]. - The company won a lawsuit against Fujian Jinzhe Automotive Steering Gear Co., with a judgment requiring the plaintiff to pay development fees of CNY 2,940,200 for the DZL model and to recover 4,069 steering gears, with a total payment of CNY 4,516,590 pending execution[78]. - The company is currently involved in a second lawsuit with Fujian Jinzhe Automotive Steering Gear Co., claiming CNY 5 million for R2 product development fees, while the defendant is counterclaiming for CNY 364,798.08 in damages[79]. Corporate Governance - The company has established a corporate governance structure including a shareholders' meeting, board of directors, and supervisory board[140]. - The company’s financial statements are prepared based on the going concern principle and comply with the accounting standards set by the Ministry of Finance[143]. Financial Instruments and Investments - The company has structured financial products with a total amount of RMB 2,000 million, with various banks, including Xiamen International Bank and China Bank, involved in these investments[50]. - The company reported a total investment cost of 166,446,163.73 RMB in various financial assets, with a market value of 376,760,910.77 RMB at the end of the reporting period[58]. - The company holds 0.84% of shares in Industrial Bank, with a book value of 375,288,579.29 RMB and a profit of 54,755,193.44 RMB during the reporting period[58].

二〇一七年四月二十六日 公司代码：600592 公司简称：龙溪股份 福建龙溪轴承（集团）股份有限公司 2017 年第一季度报告 福建龙溪轴承（集团）股份有限公司董事会 | 一、重要提示 | 2 | | --- | --- | | 二、公司基本情况 | 2 | | 三、重要事项 | 4 | | 四、附录____ | 9 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 2,583,593,445.16 | 2,618,052,509.53 | | -1.32 | | 归属于上市公司 | 1,894,724,818.87 | 1,890,659,684.31 | | 0.22 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | -52,966,412.46 | -22,827,642.72 | | ...

Financial Performance - In 2016, the company achieved a net profit of ¥101,553,039.38, after deducting 10% for statutory surplus reserves[4] - The total distributable profit for shareholders was ¥593,533,087.52, after accounting for previous undistributed profits and dividends paid[4] - The company proposed a cash dividend of ¥1.00 per 10 shares, totaling ¥39,955,357.10, subject to shareholder approval[4] - The company's operating revenue for 2016 was approximately ¥612.12 million, representing a year-on-year increase of 1.99% compared to ¥600.16 million in 2015[20] - The net profit attributable to shareholders was ¥61.74 million, a significant increase of 17.93% from ¥52.36 million in 2015[20] - The net asset attributable to shareholders decreased by 8.57% to ¥1.89 billion from ¥2.07 billion in 2015[20] - The total assets of the company decreased by 6.63% to ¥2.62 billion compared to ¥2.80 billion in 2015[20] - Basic earnings per share increased to ¥0.1545, up 17.94% from ¥0.1310 in 2015[21] - The weighted average return on equity rose to 3.07%, an increase of 0.69 percentage points from 2.38% in 2015[21] - The company reported a significant cash flow from operating activities of -¥28.60 million, a decline of 172.39% compared to ¥39.51 million in 2015[20] Shareholder Information - The company reported a total of 399,553,571 shares outstanding as of the report date[4] - The company aims to maintain a cash dividend ratio of no less than 30% of the distributable profit for the year[96] - The company plans to distribute profits through cash, stock, or a combination of both, based on its funding needs[100] - The top five customers accounted for 25.35% of total annual sales, while the top five suppliers represented 31.34% of total annual purchases[57] Investment and R&D - The company is engaged in the research and development of high-end bearing products, although these projects are still in the expansion phase and have limited contribution to revenue and profit[32] - The company developed over 300 new products during the reporting period, showcasing its strong R&D capabilities[37] - The company achieved revenue exceeding CNY 30 million from new products, new markets, and new customers in the aerospace and construction sectors[41] - Research and development expenses amounted to 57,880,145.98, representing 9.46% of total revenue, with a year-on-year increase of 9.23%[60] - The company is investing 50 million in R&D for new technologies aimed at enhancing product efficiency[155] Market and Industry Outlook - The company aims to benefit from the growing high-end equipment and emerging application markets as part of the national strategy to transition from a manufacturing power to a manufacturing stronghold by 2025[88] - The company plans to achieve a revenue of 680 million RMB and a net profit of 68 million RMB for the year 2017[92] - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[53] - The bearing industry in China has a low concentration level, with domestic companies primarily competing in the low-end market, while high-end markets are dominated by foreign firms[87] - The industry is expected to stabilize and rebound in 2017, supported by government initiatives such as the "Belt and Road" strategy and various infrastructure projects[87] Financial Management and Risks - The company has engaged a reputable accounting firm, Zhihong Accounting Firm, which issued a standard unqualified audit report[6] - The company emphasizes the importance of investor awareness regarding investment risks associated with forward-looking statements[7] - The company is committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[4] - The company faces risks from lower-than-expected industry recovery and rising costs, with strategies to mitigate these risks[93] - The company is actively managing foreign exchange risks due to the appreciation of the RMB against the Euro[94] Legal and Compliance - There are no significant lawsuits or arbitration matters reported for the year[104] - The company has fully provisioned for a lawsuit amounting to 14.96 million RMB, which has been recognized as a loss[105] - The company received a regulatory warning from the China Securities Regulatory Commission for improper use of raised funds, specifically for purchasing structured deposits without board approval[109] - The company has completed the required rectification measures following the regulatory warning[109] Corporate Governance - The company has established a strict governance structure to protect shareholder interests and ensure compliance with legal regulations[176] - The board of directors held a total of 8 meetings during the year, with 2 conducted in person and 6 via telecommunication[180] - The audit committee confirmed that the 2015 financial statements complied with relevant laws and regulations, reflecting the company's financial status accurately[182] - The company’s management was encouraged to strengthen control over subsidiaries to achieve better performance in the future[181] Employee and Training - The total number of ordinary shareholders increased from 16,186 to 21,922 during the reporting period[140] - The total number of employees in the parent company is 1,401, and the total number of employees in major subsidiaries is 924, resulting in a combined total of 2,325 employees[168] - A total of 15028 training sessions were conducted in 2016, achieving a participation rate of 96%[171] - The company has implemented a performance-based compensation system for its directors and senior management, with remuneration determined based on annual performance indicators[170]