[Important Notice](index=3&type=section&id=Item%20I.%20Important%20Notice) The Board, Supervisory Board, and senior management affirm the truthfulness and completeness of this unaudited quarterly report, taking legal responsibility [Board of Directors, Supervisory Board, and Senior Management Statement](index=3&type=section&id=1.1%20Company%20Board%20of%20Directors%2C%20Supervisory%20Board%2C%20and%20Directors%2C%20Supervisors%2C%20Senior%20Management%20Guarantee%20the%20Truthfulness%2C%20Accuracy%2C%20and%20Completeness%20of%20the%20Quarterly%20Report%20Content%2C%20Without%20False%20Records%2C%20Misleading%20Statements%2C%20or%20Major%20Omissions%2C%20and%20Assume%20Individual%20and%20Joint%20Legal%20Responsibility.) The Board of Directors, Supervisory Board, and senior management affirm the truthfulness and completeness of this unaudited quarterly report, taking legal responsibility - The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content, and assume legal responsibility[6](index=6&type=chunk) - All directors attended the Board of Directors meeting to review the quarterly report[6](index=6&type=chunk) - The company's head, chief accountant, and head of accounting department guarantee the truthfulness, accuracy, and completeness of the financial statements[6](index=6&type=chunk) - This company's third-quarter report is unaudited[6](index=6&type=chunk) [Company Profile](index=3&type=section&id=Item%20II.%20Company%20Profile) This section provides an overview of the company's key financial performance and shareholder structure as of the reporting period [Key Financial Data](index=3&type=section&id=2.1%20Key%20Financial%20Data) Total assets decreased by **3.83%**, operating revenue declined by **12.41%**, and net profit turned to **33.33 million RMB** year-to-date Overview of Key Financial Data (As of September 30, 2020) | Item | Period-end (RMB) | Prior Year-end (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,667,554,296.89 | 3,813,811,456.43 | -3.83 | | Net Assets Attributable to Shareholders | 1,364,633,321.36 | 1,326,961,235.33 | 2.84 | | **Year-to-Date (Jan-Sep)** | | | | | Net Cash Flow from Operating Activities | -198,623,075.54 | 453,138,994.69 | -143.83 | | Operating Revenue | 1,310,141,276.83 | 1,495,721,446.00 | -12.41 | | Net Profit Attributable to Shareholders | 33,326,558.40 | -543,018,493.64 | N/A | | Net Profit Attributable to Shareholders Excluding Non-Recurring Gains/Losses | -34,440,795.84 | -601,596,318.38 | N/A | | Weighted Average Return on Net Assets (%) | 2.48 | N/A | N/A | | Basic Earnings Per Share (RMB/share) | 0.02 | -0.57 | N/A | Non-Recurring Gains and Losses (Year-to-Date) | Item | Amount Year-to-Date (Jan-Sep) (RMB) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | 20,880,180.23 | | Government Grants Recognized in Current Profit/Loss | 34,228,544.65 | | Reversal of Impairment Provisions for Accounts Receivable and Contract Assets Subject to Separate Impairment Testing | 17,511,015.18 | | Other Non-Operating Income and Expenses | 4,867,800.47 | | Other Gains/Losses Meeting the Definition of Non-Recurring Items | 887,158.09 | | Impact of Minority Interests (After Tax) | -2,564,615.45 | | Income Tax Impact | -8,042,728.93 | | **Total** | **67,767,354.24** | [Shareholding Information](index=5&type=section&id=2.2%20Total%20Number%20of%20Shareholders%2C%20Top%20Ten%20Shareholders%2C%20and%20Top%20Ten%20Circulating%20Shareholders%20(or%20Unrestricted%20Shareholders)%20as%20of%20the%20End%20of%20the%20Reporting%20Period) As of the end of the reporting period, the company had **34,086** shareholders; Xiamen Haiyi Group Co., Ltd. is the largest shareholder with **41.42%** equity, forming a concerted party with its wholly-owned subsidiary, Xiamen XGMA Heavy Industry Co., Ltd., both among the top ten unrestricted shareholders - As of the end of the reporting period, the company had a total of **34,086** shareholders[8](index=8&type=chunk) Top Ten Shareholders' Holdings (As of September 30, 2020) | Shareholder Name | Shares Held at Period End (shares) | Proportion (%) | Shareholder Nature | | :--- | :--- | :--- | :--- | | Xiamen Haiyi Group Co., Ltd. | 734,789,208 | 41.42 | State-owned Legal Person | | Export-Import Bank of China Xiamen Branch | 122,239,488 | 6.89 | State-owned Legal Person | | China Construction Bank Corporation Xiamen Branch | 90,627,000 | 5.11 | State-owned Legal Person | | Xiamen XGMA Heavy Industry Co., Ltd. | 72,750,834 | 4.10 | State-owned Legal Person | | Agricultural Bank of China Xiamen Branch | 70,116,812 | 3.95 | State-owned Legal Person | | Industrial and Commercial Bank of China Xiamen Branch | 56,831,048 | 3.20 | State-owned Legal Person | | First Capital Investment Management Co., Ltd. - BRICS First Capital (Xiamen) Intelligent Manufacturing Industry Equity Investment Partnership (Limited Partnership) | 46,322,240 | 2.61 | Unknown | | Bank of China Xiamen Branch | 18,902,403 | 1.07 | State-owned Legal Person | | Xiamen Yuming Engineering Machinery Co., Ltd. | 17,083,159 | 0.96 | Domestic Non-State-owned Legal Person | | Quanzhou Bank Co., Ltd. Xiamen Branch | 9,392,443 | 0.53 | Unknown | - Xiamen Haiyi Group Co., Ltd. is the company's largest shareholder, and its wholly-owned subsidiary, Xiamen XGMA Heavy Industry Co., Ltd., is the fourth largest shareholder, forming a concerted party[10](index=10&type=chunk) [Preferred Shareholding Information](index=6&type=section&id=2.3%20Total%20Number%20of%20Preferred%20Shareholders%2C%20Top%20Ten%20Preferred%20Shareholders%2C%20and%20Top%20Ten%20Unrestricted%20Preferred%20Shareholders%20as%20of%20the%20End%20of%20the%20Reporting%20Period) The company had no preferred shareholders at the end of the reporting period - The company's preferred shareholding information table is not applicable[10](index=10&type=chunk) [Significant Events](index=6&type=section&id=Item%20III.%20Significant%20Events) This section details significant changes in financial items, the progress of major events, unfulfilled commitments, and warnings regarding cumulative net profit [Significant Changes and Reasons for Key Financial Statement Items and Indicators](index=6&type=section&id=3.1%20Significant%20Changes%20and%20Reasons%20for%20the%20Company's%20Key%20Financial%20Statement%20Items%20and%20Financial%20Indicators) Major changes in financial statements were driven by reduced expenses, increased government subsidies, and land disposal gains, leading to a net profit turnaround Significant Balance Sheet Item Changes (Period-end Balance vs. Prior Year-end) | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Cash and Cash Equivalents | -34.54 | Mainly due to payment for goods in the current period | | Receivables Financing | -53.02 | Mainly due to endorsement of bills for payment of goods | | Prepayments | 51.49 | Mainly due to increased prepayments for goods in the current period | | Long-term Equity Investments | 158.69 | Additional investment in the second phase of Zhonglixing project in the current period | | Investment Properties | 160.06 | Mainly due to leasing out some idle properties and land in the current period | | Construction in Progress | -54.72 | Mainly due to disposal of long-term assets by subsidiary XGMA Machinery (Jiaozuo) Co., Ltd. | | Intangible Assets | -44.95 | Mainly due to disposal of some idle land in the second phase by subsidiary XGMA Machinery (Jiaozuo) Co., Ltd. | | Other Non-current Assets | 731.09 | Mainly due to increased fixed-deposit certificates from banks | | Short-term Borrowings | N/A | New bank borrowings in the current period | | Advances from Customers | -88.77 | Impact of reclassification adjustment according to new revenue recognition standard implementation requirements | | Contract Liabilities | N/A | Impact of reclassification adjustment according to new revenue recognition standard implementation requirements | | Employee Benefits Payable | -37.10 | Mainly due to payment of internal employee expenses and distribution of last year's performance bonuses in the current period | | Taxes Payable | -60.00 | Mainly due to payment of some taxes payable | | Other Current Liabilities | N/A | Impact of reclassification adjustment according to new revenue recognition standard implementation requirements | | Deferred Tax Liabilities | N/A | Mainly due to recognition of taxable temporary differences from forward foreign exchange contracts by subsidiary Xiamen XGMA International Trade Co., Ltd. | | Other Comprehensive Income | -202.25 | Mainly due to increased differences from foreign currency financial statement translation by subsidiary Xiamen XGMA International Trade Co., Ltd. in the current period | Significant Income Statement Item Changes (Year-to-Date vs. Prior Year-to-Date) | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Taxes and Surcharges | -35.38 | Mainly due to reduced value-added tax payable in the current period, leading to lower surcharges | | Selling Expenses | -34.57 | Mainly due to changes in freight settlement methods and effective savings in selling expenses in the current period | | Administrative Expenses | -72.13 | Mainly due to severance benefits incurred from personnel streamlining in the prior year | | Research and Development Expenses | -31.40 | Mainly due to reduced R&D investment in the current period | | Financial Expenses | -89.42 | Mainly due to reduced interest expenses after the company's debt-to-equity swap in October 2019 and increased interest income from fixed deposits of idle funds | | Other Income | 89.87 | Mainly due to increased government grants received in the current period | | Investment Income | 657.54 | Mainly due to debt restructuring gains from partial principal forgiveness and entrusted loan income | | Gains from Changes in Fair Value | N/A | Mainly due to fair value changes in forward foreign exchange contracts of subsidiary Xiamen XGMA International Trade Co., Ltd. | | Credit Impairment Losses | N/A | Mainly due to a significant year-on-year decrease in single impairment provisions for accounts receivable, resulting from the restructuring auction and transfer of accounts receivable from 328 entities on October 15, 2019 | | Asset Impairment Losses | N/A | Mainly due to impairment provisions for obsolete inventory in the prior year | | Gains from Asset Disposal | 734.16 | Mainly due to gains from disposal of second-phase land by subsidiary XGMA Machinery (Jiaozuo) Co., Ltd. | | Operating Profit | N/A | Mainly due to reduced period expenses and partial gains from disposal of second-phase land by subsidiary XGMA Machinery (Jiaozuo) Co., Ltd. | | Non-operating Income | -62.57 | Mainly due to subsidiary's forfeiture of customer deposits in the prior period | | Non-operating Expenses | -92.71 | Mainly due to reduced losses from disposal of scrapped fixed assets in the current period | | Total Profit | N/A | Mainly due to reduced period expenses, increased government subsidies, and gains from disposal of Jiaozuo second-phase land, increasing profit | | Income Tax Expense | 254.22 | Mainly due to increased total profit in the current period | | Net Profit | N/A | Mainly due to reduced period expenses, increased government subsidies, and gains from disposal of Jiaozuo second-phase land, increasing profit | Significant Cash Flow Statement Item Changes (Year-to-Date vs. Prior Year-to-Date) | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -143.83 | Mainly due to reduced cash receipts from sales in the current period | | Net Cash Flow from Investing Activities | 491.21 | Mainly due to the parent company's disposal of subsidiary XGMA (Tai'an) Mobile Crane Co., Ltd. and subsidiary XGMA Machinery (Jiaozuo) Co., Ltd.'s disposal of second-phase land | | Net Cash Flow from Financing Activities | N/A | Mainly due to reduced debt and interest repayments | [Progress and Impact Analysis of Significant Events](index=9&type=section&id=3.2%20Analysis%20and%20Explanation%20of%20Progress%2C%20Impact%2C%20and%20Solutions%20for%20Significant%20Events) The company transferred accounts receivable claims through judicial auction in 2019, but some related lawsuits continue under the company's name, requiring strict adherence to the transfer agreement and timely disclosure - In 2019, the company transferred the principal claims of accounts receivable from **328** enterprises through judicial auction[15](index=15&type=chunk) - Despite the transfer of claims, some litigation cases continue to be accepted with XGMA Co., Ltd. as the plaintiff[15](index=15&type=chunk) - The company will strictly fulfill its rights and obligations as per the agreement and timely disclose the progress of litigation cases involving transferred claims[15](index=15&type=chunk) [Overdue Unfulfilled Commitments](index=9&type=section&id=3.3%20Overdue%20Unfulfilled%20Commitments%20During%20the%20Reporting%20Period) The company had no overdue unfulfilled commitments during the reporting period - The company had no overdue unfulfilled commitments during the reporting period[16](index=16&type=chunk) [Warning and Reasons for Significant Changes in Cumulative Net Profit](index=9&type=section&id=3.4%20Warning%20and%20Reasons%20for%20Potential%20Loss%20or%20Significant%20Change%20in%20Cumulative%20Net%20Profit%20from%20Year-Beginning%20to%20the%20End%20of%20the%20Next%20Reporting%20Period%20Compared%20to%20the%20Same%20Period%20Last%20Year) The company anticipates a significant change in cumulative net profit year-to-date to the next reporting period, expecting a substantial reduction in losses for 2020 after three consecutive quarters of profitability, contrasting with the large loss in 2019 due to asset stripping and impairment - The company forecasts a significant change in cumulative net profit from the beginning of the year to the end of the next reporting period compared to the same period last year[18](index=18&type=chunk) - In 2019, a significant loss was incurred due to the stripping of inefficient assets and impairment provisions during bankruptcy reorganization[16](index=16&type=chunk) - As of the disclosure date of this report, the company has maintained profitability for three consecutive quarters, expecting a substantial reduction in losses for 2020[16](index=16&type=chunk) [Appendix](index=10&type=section&id=Item%20IV.%20Appendix) This appendix provides detailed financial statements, adjustments related to new accounting standards, and confirms the unaudited status of the report [Financial Statements](index=10&type=section&id=4.1%20Financial%20Statements) This section presents the company's unaudited consolidated and parent company balance sheets, income statements, and cash flow statements for the third quarter of 2020, detailing financial position, operating results, and cash flows [Consolidated Balance Sheet](index=10&type=section&id=Consolidated%20Balance%20Sheet) As of September 30, 2020, consolidated total assets were **3.67 billion RMB**, a **3.83%** decrease from year-end, while equity attributable to parent company owners was **1.36 billion RMB**, up **2.84%** Key Consolidated Balance Sheet Data (As of September 30, 2020) | Item | September 30, 2020 (RMB) | December 31, 2019 (RMB) | | :--- | :--- | :--- | | Total Assets | 3,667,554,296.89 | 3,813,811,456.43 | | Total Liabilities | 2,149,344,089.62 | 2,340,836,047.95 | | Total Equity Attributable to Parent Company Owners | 1,364,633,321.36 | 1,326,961,235.33 | | Minority Interests | 153,576,885.91 | 146,014,173.15 | | Total Equity | 1,518,210,207.27 | 1,472,975,408.48 | [Parent Company Balance Sheet](index=12&type=section&id=Parent%20Company%20Balance%20Sheet) As of September 30, 2020, parent company total assets were **2.81 billion RMB**, a **6.26%** decrease from year-end, with total owner's equity at **1.35 billion RMB**, up **0.61%** Key Parent Company Balance Sheet Data (As of September 30, 2020) | Item | September 30, 2020 (RMB) | December 31, 2019 (RMB) | | :--- | :--- | :--- | | Total Assets | 2,805,604,499.82 | 2,993,040,920.76 | | Total Liabilities | 1,459,264,467.29 | 1,654,826,003.01 | | Total Equity | 1,346,340,032.53 | 1,338,214,917.75 | [Consolidated Income Statement](index=15&type=section&id=Consolidated%20Income%20Statement) For the first three quarters of 2020, consolidated operating revenue was **1.31 billion RMB**, down **12.41%** year-over-year, while net profit attributable to parent company shareholders turned from a significant loss to a profit of **33.33 million RMB**, driven by reduced expenses and increased other income Key Consolidated Income Statement Data (First Three Quarters of 2020) | Item | First Three Quarters of 2020 (Jan-Sep) (RMB) | First Three Quarters of 2019 (Jan-Sep) (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 1,310,141,276.83 | 1,495,721,446.00 | -12.41 | | Total Operating Costs | 1,330,046,438.37 | 1,705,653,570.82 | -22.02 | | Operating Profit | 57,094,192.50 | -515,905,014.86 | N/A | | Total Profit | 62,058,146.12 | -507,170,039.45 | N/A | | Net Profit | 48,874,068.25 | -510,892,056.60 | N/A | | Net Profit Attributable to Parent Company Shareholders | 33,326,558.40 | -543,018,493.64 | N/A | | Basic Earnings Per Share (RMB/share) | 0.02 | -0.57 | N/A | [Parent Company Income Statement](index=18&type=section&id=Parent%20Company%20Income%20Statement) For the first three quarters of 2020, parent company operating revenue was **640.79 million RMB**, down **22.19%** year-over-year, with net profit turning from a significant loss to a profit of **8.13 million RMB** Key Parent Company Income Statement Data (First Three Quarters of 2020) | Item | First Three Quarters of 2020 (Jan-Sep) (RMB) | First Three Quarters of 2019 (Jan-Sep) (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 640,785,543.55 | 823,472,942.60 | -22.19 | | Operating Profit | 5,480,453.12 | -490,739,113.52 | N/A | | Total Profit | 8,125,114.78 | -484,241,520.50 | N/A | | Net Profit | 8,125,114.78 | -484,241,520.50 | N/A | [Consolidated Cash Flow Statement](index=21&type=section&id=Consolidated%20Cash%20Flow%20Statement) For the first three quarters of 2020, consolidated net cash flow from operating activities was **-198.62 million RMB**, a **143.83%** decrease, while net cash flow from investing activities significantly increased by **491.21%** to **109.86 million RMB**, and financing activities improved significantly Key Consolidated Cash Flow Statement Data (First Three Quarters of 2020) | Item | First Three Quarters of 2020 (Jan-Sep) (RMB) | First Three Quarters of 2019 (Jan-Sep) (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -198,623,075.54 | 453,138,994.69 | -143.83 | | Net Cash Flow from Investing Activities | 109,858,198.34 | -28,081,483.45 | 491.21 | | Net Cash Flow from Financing Activities | -26,664,678.46 | -554,361,978.22 | N/A | | Net Increase in Cash and Cash Equivalents | -118,339,285.47 | -130,204,619.54 | N/A | [Parent Company Cash Flow Statement](index=22&type=section&id=Parent%20Company%20Cash%20Flow%20Statement) For the first three quarters of 2020, parent company net cash flow from operating activities was **-33.37 million RMB**, a **108.84%** decrease, while investing activities increased by **46.09%** to **61.63 million RMB**, and financing activities significantly improved Key Parent Company Cash Flow Statement Data (First Three Quarters of 2020) | Item | First Three Quarters of 2020 (Jan-Sep) (RMB) | First Three Quarters of 2019 (Jan-Sep) (RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -33,373,578.18 | 377,376,871.24 | -108.84 | | Net Cash Flow from Investing Activities | 61,631,422.88 | 42,189,282.03 | 46.09 | | Net Cash Flow from Financing Activities | -25,755,002.19 | -534,990,638.35 | N/A | | Net Increase in Cash and Cash Equivalents | 2,502,842.51 | -115,424,485.08 | N/A | [Adjustments to Financial Statements at the Beginning of the First Year of Adopting New Revenue Recognition Standards](index=23&type=section&id=4.2%20Adjustments%20to%20Financial%20Statements%20at%20the%20Beginning%20of%20the%20First%20Year%20of%20Adopting%20New%20Revenue%20Recognition%20Standards%20and%20New%20Lease%20Standards%20from%202020) Effective January 1, 2020, the company adopted new revenue recognition standards, reclassifying 'Advances from Customers' to 'Contract Liabilities' and 'Other Current Liabilities' in the opening balance sheets, without retrospective adjustment to comparative periods - The company adopted new revenue recognition standards effective **January 1, 2020**[42](index=42&type=chunk)[46](index=46&type=chunk) - The cumulative effect of initial adoption of new revenue recognition standards adjusted retained earnings and other related financial statement items as of **January 1, 2020**, with no adjustments to comparative period information[42](index=42&type=chunk)[46](index=46&type=chunk) Consolidated Balance Sheet New Revenue Standard Adjustment Details (January 1, 2020) | Item | December 31, 2019 (RMB) | January 1, 2020 (RMB) | Adjustment (RMB) | | :--- | :--- | :--- | :--- | | Advances from Customers | 235,360,965.82 | | -235,360,965.82 | | Contract Liabilities | | 235,360,965.82 | 235,360,965.82 | Parent Company Balance Sheet New Revenue Standard Adjustment Details (January 1, 2020) | Item | December 31, 2019 (RMB) | January 1, 2020 (RMB) | Adjustment (RMB) | | :--- | :--- | :--- | :--- | | Advances from Customers | 48,036,431.63 | | -48,036,431.63 | | Contract Liabilities | | 48,036,431.63 | 48,036,431.63 | [Explanation of Retrospective Adjustments to Prior Period Comparative Data under New Revenue Recognition Standards](index=28&type=section&id=4.3%20Explanation%20of%20Retrospective%20Adjustments%20to%20Prior%20Period%20Comparative%20Data%20under%20New%20Revenue%20Recognition%20Standards%20and%20New%20Lease%20Standards%20from%202020) The company did not retrospectively adjust prior period comparative data upon initial adoption of new revenue and lease standards from 2020 - The company did not retrospectively adjust prior period comparative data upon initial adoption of new revenue recognition and new lease standards from **2020**[47](index=47&type=chunk) [Audit Report](index=28&type=section&id=4.4%20Audit%20Report) This quarterly report is unaudited - This quarterly report is unaudited[6](index=6&type=chunk)[47](index=47&type=chunk)

600815 2020 年半年度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2020 年半年度报告 600815 2020 年半年度报告 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 不适用 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 公司在本半年度报告中详细描述了可能存在的风险事项，敬请查阅本半年度报告第四节经营 情况讨论与分析中"三、其他披露事项"中可能面对的风险。 十、 其他 □适用 √不适用 1 / 188 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、 公司负责人谷涛、主管会计工作负责人李喜勇及会计机构负责人（会计主管人员）蔡学坤声 ...

600815 厦门厦工机械股份有限公司 2019 年年度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2019 年年度报告 600815 厦门厦工机械股份有限公司 2019 年年度报告 重要提示 三、 容诚会计师事务所（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、 公司负责人谷涛、主管会计工作负责人李喜勇及会计机构负责人（会计主管人员）蔡学坤声 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 经容诚会计师事务所（特殊普通合伙）审计，公司2019年度归属于母公司所有者的净利润 -1,153,456,549.61元，加上上年结转未分配利润-3,472,756,403.91元，本年度实际可分配利润 为-4,614,617,850.50元。根据公司利润分配政策，鉴于公司年末未分配利润为负，公司2019年度 不进行利润分配，也不进行资本公积金转增股本。 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 ...

1 / 20 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 9 | 600815 2020 年第一季度报告 二、 公司基本情况 2.1 主要财务数据 600815 2020 年第一季度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2020 年第一季度报告 一、 重要提示 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 3,725,794,059.90 | 3,813,811,456.43 | -2.31 | | 归属于上市公司 | 1,343,686,778.54 | 1,326,961,235.33 | 1.26 | | 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 | -136,552,968.55 | -107,668,869.45 | 不适用 | | 现金流量净额 | | ...

600815 厦门厦工机械股份有限公司 2019 年年度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2019 年年度报告 1 / 212 600815 厦门厦工机械股份有限公司 2019 年年度报告 重要提示 三、 容诚会计师事务所（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、 公司负责人谷涛、主管会计工作负责人李喜勇及会计机构负责人（会计主管人员）蔡学坤声 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 经容诚会计师事务所（特殊普通合伙）审计，公司2019年度归属于母公司所有者的净利润 -1,153,456,549.61元，加上上年结转未分配利润-3,472,756,403.91元，本年度实际可分配利润 为-4,614,617,850.50元。根据公司利润分配政策，鉴于公司年末未分配利润为负，公司2019年度 不进行利润分配，也不进行资本公积金转增股本。 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、 ...

600815 厦门厦工机械股份有限公司 2019 年第三季度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2019 年第三季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 600815 厦门厦工机械股份有限公司 2019 年第三季度报告 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。 1.3 公司负责人张振斌、主管会计工作负责人张建及会计机构负责人（会计主管人员）蔡学坤保 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 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(%) | | --- | --- | --- | --- | --- | --- | ...

600815 2019 年半年度报告 公司代码：600815 公司简称：*ST 厦工 厦门厦工机械股份有限公司 2019 年半年度报告 1 / 164 600815 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、 公司负责人张振斌、主管会计工作负责人张建 及会计机构负责人（会计主管人员） 蔡学坤声明：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 不适用 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 公司在本半年度报告中详细描述了可能存在的风险事项，敬请查阅本半年度报告第四节经营 情况讨论与分析中"二、其他披露事 ...

2019 年第一季度报告 公司代码：600815 公司简称：厦工股份 厦工股份 2019 年第一季度报告 1 / 26 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2019 年第一季度报告 一、 重要提示 2.5 主要财务数据 3 / 26 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 4,930,927,825.95 5,102,113,676.80 -3.35 归属于上市公司股东的 净资产 -171,597,991.30 -185,411,457.33 不适用 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流 量净额 -107,668,869.45 232,144,495.31 -146.38 年初至报告期末 上年初至上年报告 期末 比上年同期增减 （%） 营业收入 652,686,826.25 951,451,855.10 -31.40 归属于上市公司股东的 净利润 -2,975,694.59 15,253,683. ...

[Company Profile and Key Financial Indicators](index=4&type=section&id=%E5%85%AC%E5%8F%B8%E7%AE%80%E4%BB%8B%E5%92%8C%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) [Company Information and Contact Details](index=4&type=section&id=%E5%85%AC%E5%8F%B8%E4%BF%A1%E6%81%AF%E4%B8%8E%E8%81%94%E7%B3%BB%E6%96%B9%E5%BC%8F) Xiamen XGMA Machinery Co., Ltd. is a construction machinery manufacturer listed on the Shanghai Stock Exchange under stock code 600815 - Key company information includes its Chinese name "**Xiamen XGMA Machinery Co., Ltd.**", stock abbreviation "**XGMA**", stock code "**600815**", and legal representative **Zhang Zhenbin**[12](index=12&type=chunk)[17](index=17&type=chunk) [Key Accounting Data and Financial Indicators for the Past Three Years](index=5&type=section&id=%E8%BF%91%E4%B8%89%E5%B9%B4%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) In 2018, the company's operating performance severely declined, with revenue down 36.21% and net profit attributable to parent company shareholders turning into a significant loss of 731.19 million Yuan, resulting in negative net assets at year-end Key Accounting Data for the Past Three Years | Major Accounting Data | 2018 | 2017 | YoY Change (%) | 2016 | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 2,837,897,217.00 | 4,448,565,471.91 | -36.21% | 3,241,039,805.84 | | Net Profit Attributable to Parent Company Shareholders (Yuan) | -731,193,504.53 | 124,632,272.96 | -686.68% | -2,689,882,940.78 | | Net Profit Attributable to Parent Company Shareholders (Excluding Non-recurring Items, Yuan) | -844,749,736.12 | -348,857,037.71 | N/A | -2,718,890,958.09 | | Net Cash Flow from Operating Activities (Yuan) | 477,550,347.19 | 545,576,288.64 | -12.47% | 146,378,462.87 | | Net Assets Attributable to Parent Company Shareholders (Yuan) | -185,411,457.33 | 546,391,832.92 | -133.93% | 385,019,930.82 | | Total Assets (Yuan) | 5,102,113,676.80 | 6,417,192,816.15 | -20.49% | 7,663,001,235.87 | Key Financial Indicators for the Past Three Years | Major Financial Indicators | 2018 | 2017 | YoY Change (%) | 2016 | | :--- | :--- | :--- | :--- | :--- | | Basic EPS (Yuan/share) | -0.76 | 0.13 | N/A | -2.80 | | Basic EPS (Excluding Non-recurring Items, Yuan/share) | -0.88 | -0.36 | N/A | -2.84 | | Weighted Average ROE (%) | -405.12 | 26.76 | N/A | -155.45 | | Weighted Average ROE (Excluding Non-recurring Items, %) | -468.03 | -74.91 | N/A | -157.12 | Key Quarterly Financial Data for 2018 | Item | Q1 | Q2 | Q3 | Q4 | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (Million Yuan) | 951 | 761 | 555 | 571 | | Net Profit Attributable to Parent Company Shareholders (Million Yuan) | 15 | -68 | -53 | -625 | [Company Business Overview](index=8&type=section&id=%E5%85%AC%E5%8F%B8%E4%B8%9A%E5%8A%A1%E6%A6%82%E8%A6%81) [Main Business, Operating Model, and Industry Overview](index=8&type=section&id=%E4%B8%BB%E8%A6%81%E4%B8%9A%E5%8A%A1%E3%80%81%E7%BB%8F%E8%90%A5%E6%A8%A1%E5%BC%8F%E5%8F%8A%E8%A1%8C%E4%B8%9A%E6%83%85%E5%86%B5) The company is a key national construction machinery enterprise, offering a full range of products. The highly cyclical industry, closely linked to the macro economy, maintained strong growth in 2018 due to infrastructure investment and environmental upgrades - The company's main business products cover a series of construction machinery including **loaders**, **excavators**, **forklifts**, **road machinery**, **tunneling machinery**, and **environmental machinery**, widely used in construction, mining, agriculture, forestry, and water conservancy[32](index=32&type=chunk) - The construction machinery industry is closely related to the domestic and international macro economy, belonging to a **highly cyclical industry**. In 2018, driven by national policies such as increased infrastructure investment, the Belt and Road Initiative, supply-side reform, and environmental upgrades, the industry continued to maintain a **strong growth momentum**[33](index=33&type=chunk) [Core Competitiveness Analysis](index=9&type=section&id=%E6%A0%B8%E5%BF%83%E7%AB%9E%E4%BA%89%E5%8A%9B%E5%88%86%E6%9E%90) The company's core competitiveness includes a rich product series, R&D advantages, a comprehensive marketing network, and the established "XGMA" brand, with progress in intelligent machinery - The company's core competencies include: - **Extensive Product Portfolio**: Offering over a dozen series of complete machines, including loaders and excavators - **Technological R&D Advantage**: Operating a national-level technology center and collaborating with universities and research institutes, achieving breakthroughs in intelligent electro-hydraulic control systems - **Comprehensive Marketing Network**: Boasting over 150 dealers and nearly 200 sales and service outlets globally - **Brand Advantage**: The "**XGMA**" brand, with over 60 years of history, has been recognized as a "**China Well-known Trademark**"[35](index=35&type=chunk)[36](index=36&type=chunk)[37](index=37&type=chunk) [Management Discussion and Analysis](index=10&type=section&id=%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) [Operating Performance Review](index=10&type=section&id=%E7%BB%8F%E8%90%A5%E6%83%85%E5%86%B5%E5%9B%9E%E9%A1%B5) Despite a booming industry, the company's 2018 sales of 7,448 units decreased by 6.30%, leading to a 36.22% revenue decline to 2.837 billion Yuan and a significant net loss of 731 million Yuan attributable to parent company shareholders - Despite high industry prosperity, with loader sales up **22.02%** and excavator sales up **44.99%** in 2018, the company's sales of various construction machinery products decreased by **6.30%** to **7,448 units**, underperforming the industry[39](index=39&type=chunk) - During the year, the company implemented several internal reforms, including product line integration, marketing channel restructuring, enhanced risk control, improved quality systems, optimized inventory management, accelerated informatization, and organizational structure optimization[40](index=40&type=chunk)[41](index=41&type=chunk)[42](index=42&type=chunk)[43](index=43&type=chunk) Key Operating Data for 2018 | Indicator | 2018 | YoY Change | | :--- | :--- | :--- | | Operating Revenue (Billion Yuan) | 2.837 | -36.22% | | Total Profit (Billion Yuan) | -0.682 | - | | Net Profit Attributable to Parent Company Shareholders (Billion Yuan) | -0.731 | - | | Net Accounts Receivable (Billion Yuan) | 1.750 | -19.14% | | Net Inventory (Billion Yuan) | 1.318 | +2.10% | | Gross Margin (%) | 11.77 | Increased by approx. 1 percentage point | [Main Business Analysis](index=11&type=section&id=%E4%B8%BB%E8%90%A5%E4%B8%9A%E5%8A%A1%E5%88%86%E6%9E%90) In 2018, main business revenue and costs significantly declined, with earthmoving machinery revenue down 3.81% and tunneling machinery revenue nearly halved. Domestic market revenue fell 38.64%, while income tax expense surged 398.64% due to deferred tax asset write-offs, contributing to the large loss. R&D investment was 1.79% of revenue Key Income Statement and Cash Flow Statement Item Changes | Item | Current Period Amount (Billion Yuan) | Prior Period Amount (Billion Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 2.838 | 4.449 | -36.21 | | Operating Cost | 2.504 | 3.971 | -36.94 | | Asset Impairment Loss | 0.128 | -0.041 | -414.47 | | Investment Income | 0.0000378 | 0.129 | -99.97 | | Net Cash Flow from Operating Activities | 0.478 | 0.546 | -12.47 | | Net Cash Flow from Investing Activities | 0.041 | 0.984 | -95.83 | Main Business by Product | By Product | Operating Revenue (Billion Yuan) | Operating Cost (Billion Yuan) | Gross Margin (%) | YoY Change in Operating Revenue (%) | | :--- | :--- | :--- | :--- | :--- | | Earthmoving Machinery | 1.162 | 1.013 | 12.77 | -3.81 | | Tunneling Machinery | 0.400 | 0.289 | 27.87 | -49.98 | | Other Construction Machinery | 0.303 | 0.278 | 8.24 | -16.58 | | Parts | 0.150 | 0.134 | 10.83 | -6.89 | | Materials and Others | 0.749 | 0.735 | 1.80 | -57.74 | R&D Investment Overview | Item | Amount | | :--- | :--- | | R&D Expenses Capitalized in Current Period (Yuan) | 50,843,261.93 | | Total R&D Investment (Yuan) | 50,843,261.93 | | Total R&D Investment as % of Operating Revenue | 1.79% | | Number of R&D Personnel | 193 | | R&D Personnel as % of Total Employees | 12.33 | [Assets and Liabilities Analysis](index=15&type=section&id=%E8%B5%84%E4%BA%A7%E3%80%81%E8%B4%9F%E5%80%BA%E6%83%85%E5%86%B5%E5%88%86%E6%9E%90) As of year-end 2018, total assets were 5.102 billion Yuan, down 20.49%, with significant declines in notes receivable and deferred tax assets. Total liabilities reached 5.140 billion Yuan, exceeding 100% debt-to-asset ratio, and restricted assets totaled 302 million Yuan Changes in Key Assets and Liabilities | Item | Current Period End Balance (Million Yuan) | Prior Period End Balance (Million Yuan) | Change (%) | Main Reason | | :--- | :--- | :--- | :--- | :--- | | Notes Receivable | 61.94 | 263.12 | -76.46 | Increased bill discounting in current period | | Prepayments | 118.63 | 328.48 | -63.88 | Subsidiary settled prepayments from prior period | | Deferred Income Tax Assets | 89.28 | 562.15 | -84.12 | Parent company wrote off deferred income tax assets in current period | | Other Non-current Assets | 5.44 | 26.36 | -79.34 | Subsidiary recovered land transfer fees in current period | | Non-current Liabilities Due Within One Year | 0.00 | 5.00 | -100.00 | Repaid in current period | Key Restricted Assets at Period End | Item | Book Value at Period End (Yuan) | Reason for Restriction | | :--- | :--- | :--- | | Cash and Cash Equivalents - Other Cash and Bank Balances | 51,281,471.28 | Deposits, Employee Housing Reform Funds | | Fixed Assets - Buildings | 230,703,428.35 | Litigation Preservation Guarantee | | Intangible Assets - Land Use Rights | 17,762,079.73 | Litigation Preservation Guarantee | | Investment Properties - Buildings | 2,211,581.31 | Litigation Preservation Guarantee | | **Total** | **301,958,560.67** | / | [Future Development and Risk Analysis](index=20&type=section&id=%E5%85%AC%E5%8F%B8%E5%85%B3%E4%BA%8E%E5%85%AC%E5%8F%B8%E6%9C%AA%E6%9D%A5%E5%8F%91%E5%B1%95%E7%9A%84%E8%AE%A8%E8%AE%BA%E4%B8%8E%E5%88%86%E6%9E%90) The company expects slower growth in the construction machinery industry in 2019, focusing on intelligent and green upgrades and strategic transformation. Its 2019 plan aims to overcome challenges through reforms and quality improvements, while acknowledging risks like economic uncertainty, market competition, rising costs, debt management, and severe going concern issues - Company development strategy: Accelerate the upgrade of construction machinery business, focusing on core products like **loaders** and **excavators**, strengthening competitiveness in **intelligent** directions, and actively implementing strategic transformation to explore new growth points[76](index=76&type=chunk) - The core of the 2019 operating plan is "**Facing Crisis, Breaking Through to Rebirth**", with specific measures including: deepening reforms to energize the team, rebuilding channels to enhance marketing, reshaping classics to improve product quality, IT-led strengthening of digital foundations, leveraging the "Double Hundred Action" to initiate mixed-ownership reform, and strengthening risk control[77](index=77&type=chunk)[79](index=79&type=chunk)[80](index=80&type=chunk)[81](index=81&type=chunk)[82](index=82&type=chunk) - The main risks faced by the company include: - **Uncertainty in the external economic environment** - **Market risk**: Intense competition and significant impact of lawsuits on the marketing system - **Cost risk**: Rising raw material and labor costs, and exchange rate fluctuations - **Receivables management risk**: Large total accounts receivable and high collection difficulty - **Going concern risk**: Current liabilities exceeding current assets, severe capital shortage, facing reorganization application, and risk of reorganization failure[84](index=84&type=chunk)[85](index=85&type=chunk)[86](index=86&type=chunk)[87](index=87&type=chunk) [Significant Matters](index=24&type=section&id=%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) [Profit Distribution and Commitments](index=24&type=section&id=%E5%88%A9%E6%B6%A6%E5%88%86%E9%85%8D%E4%B8%8E%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) Due to negative undistributed profits in 2018, the board proposed no profit distribution or capital reserve capitalization. The controlling shareholder committed to avoiding horizontal competition and minimizing related-party transactions - Given the company's **negative undistributed profits** for 2018, no profit distribution or capital reserve capitalization will be carried out for the year[5](index=5&type=chunk)[90](index=90&type=chunk) - Controlling shareholder **Xiamen Haiyi Group Co., Ltd.** committed to avoiding **horizontal competition** with the listed company and ensuring the **fairness and impartiality** of related-party transactions[94](index=94&type=chunk) [Non-Standard Audit Opinion Explanation and Bankruptcy Reorganization](index=26&type=section&id=%E9%9D%9E%E6%A0%87%E5%87%86%E6%84%8F%E8%A7%81%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A%E8%AF%B4%E6%98%8E%E4%B8%8E%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4) The auditor issued a modified unqualified opinion with an emphasis of matter on going concern uncertainty due to continuous losses, negative net assets, high debt, and a creditor's reorganization application. The board has implemented measures to maintain operations - The audit opinion type is an "**unqualified opinion with an emphasis of matter paragraph**"[198](index=198&type=chunk) - The emphasis of matter paragraph explicitly states **significant uncertainty regarding the company's going concern ability** due to: **continuous losses in net profit (excluding non-recurring items)**, year-end **current liabilities exceeding current assets by 757 million Yuan**, **negative owners' equity attributable to parent company of 185 million Yuan**, a **debt-to-asset ratio of 100.74%**, and a **creditor's application for company reorganization**[200](index=200&type=chunk) - On **April 2, 2019**, creditor **Xiamen Yuming Machinery Co., Ltd.** applied to the court for the company's reorganization due to its inability to repay due debts. Whether this application will be accepted and if the company will enter reorganization remains **highly uncertain**[102](index=102&type=chunk) [Significant Litigation and Arbitration Matters](index=29&type=section&id=%E9%87%8D%E5%A4%A7%E8%AF%89%E8%AE%BC%E3%80%81%E4%BB%B2%E8%A3%81%E4%BA%8B%E9%A1%B9) The company faced multiple significant sales contract lawsuits with dealers, suing to recover billions in receivables. Most cases are in enforcement or trial stages, highlighting severe collection issues Partial Significant Litigation Cases (Sales Contract Disputes) | Defendant (Partial) | Principal Amount Sued (Million Yuan) | Case Progress | Year-end Receivables Balance (Million Yuan) | | :--- | :--- | :--- | :--- | | Inner Mongolia XGMA Machinery Co., Ltd. | 245 | Under Enforcement | 225 | | Changchun XGMA Shunda Machinery Co., Ltd. et al. | 261 | First Instance Judgment | 240 | | Sichuan Jieli Machinery Equipment Co., Ltd. et al. | 439 | Mediation | 363 | | Xinjiang XGMA Machinery Sales Co., Ltd. | 155 | Under Enforcement | 133 | | Hefei Runtong Construction Machinery Co., Ltd. | 148 | Under First Instance Review | 131 | | Hubei Runda Construction Machinery Co., Ltd. | 146 | Under First Instance Review | 135 | [Significant Related-Party Transactions](index=35&type=section&id=%E9%87%8D%E5%A4%A7%E5%85%B3%E8%81%94%E4%BA%A4%E6%98%93) The company had frequent related-party transactions with Haiyi Group, including 141 million Yuan in purchases from Xiamen XGMA Bridge Box Co., Ltd. and significant deposit/loan activities with Xiamen Haiyi Group Finance Co., Ltd., with a year-end loan balance of 240 million Yuan Key Related-Party Purchases and Sales (2018) | Related Party | Transaction Content | Amount (Yuan) | | :--- | :--- | :--- | | Xiamen XGMA Bridge Box Co., Ltd. | Purchase of Goods | 140,566,418.75 | | Xiamen Yinhua Machinery Co., Ltd. | Purchase of Goods | 31,335,712.96 | | Xiamen Haiyi Logistics Co., Ltd. | Acceptance of Services | 11,163,042.93 | | Xiamen King Long Automobile Logistics Co., Ltd. | Acceptance of Services | 10,709,367.87 | Related-Party Deposit and Loan Business (Year-end 2018) | Related Party | Item | Balance/Amount (Yuan) | | :--- | :--- | :--- | | Xiamen Haiyi Group Finance Co., Ltd. | Deposit Balance | 242,156,564.49 | | Xiamen Haiyi Group Finance Co., Ltd. | Interest Income for Current Period | 3,912,929.81 | | Xiamen Haiyi Group Finance Co., Ltd. | Loan Balance | 240,000,000.00 | | Xiamen Haiyi Group Finance Co., Ltd. | Interest Expense for Current Period | 14,229,909.28 | [Share Changes and Shareholder Information](index=48&type=section&id=%E6%99%AE%E9%80%9A%E8%82%A1%E8%82%A1%E4%BB%BD%E5%8F%98%E5%8A%A8%E5%8F%8A%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) [Shareholders and Actual Controller Information](index=49&type=section&id=%E8%82%A1%E4%B8%9C%E5%92%8C%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E6%83%85%E5%86%B5) The company's share capital structure remained unchanged, with 43,869 shareholders at year-end 2018. Xiamen Haiyi Group Co., Ltd. is the controlling shareholder (40.98%), and Xiamen Municipal People's Government State-owned Assets Supervision and Administration Commission is the actual controller Top Two Shareholders' Shareholding | Shareholder Name | Shares Held at Period End | Percentage (%) | Nature | | :--- | :--- | :--- | :--- | | Xiamen Haiyi Group Co., Ltd. | 393,022,859 | 40.98 | State-owned Legal Person | | Xiamen XGMA Heavy Industry Co., Ltd. | 69,993,067 | 7.30 | State-owned Legal Person | - The company's controlling shareholder is **Xiamen Haiyi Group Co., Ltd.**, and the actual controller is the **Xiamen Municipal People's Government State-owned Assets Supervision and Administration Commission**[160](index=160&type=chunk)[161](index=161&type=chunk)[162](index=162&type=chunk) [Directors, Supervisors, Senior Management, and Employees](index=53&type=section&id=%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E5%92%8C%E5%91%98%E5%B7%A5%E6%83%85%E5%86%B5) [Changes in Shareholdings and Remuneration of Directors, Supervisors, and Senior Management](index=53&type=section&id=%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E5%92%8C%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E6%8C%81%E8%82%A1%E5%8F%98%E5%8A%A8%E5%8F%8A%E6%8A%A5%E9%85%AC%E6%83%85%E5%86%B5) Shareholdings of directors, supervisors, and senior management remained unchanged. Several executives received related-party remuneration. Key positions like Chairman and Board Secretary saw changes, including the former Chairman's retirement - During the reporting period, the shareholdings of the company's directors, supervisors, and senior management remained **stable**, with no increases or decreases. The total pre-tax remuneration received from the company was **2.5296 million Yuan**[167](index=167&type=chunk)[169](index=169&type=chunk) - The company experienced several **senior management changes** during the reporting period, including the election of **Zhang Zhenbin** as the new Chairman, the appointment of **Chen Tiansheng** as President, and **Wang Guangwu** as Board Secretary[175](index=175&type=chunk) [Employee Information](index=59&type=section&id=%E5%91%98%E5%B7%A5%E6%83%85%E5%86%B5) As of year-end, the company had 2,453 employees, with production personnel (1,169) and those with junior college education or below (1,602) forming the largest groups. Compensation is performance-based, supported by a dual-channel career development system Employee Professional Composition and Educational Background | Category | Number of Employees | | :--- | :--- | | **Professional Composition** | | | Production Personnel | 1,169 | | Sales Personnel | 220 | | Technical Personnel | 193 | | **Total** | **2,453** | | **Educational Background** | | | Postgraduate | 58 | | Undergraduate | 448 | | Junior College | 345 | | Below Junior College | 1,602 | | **Total** | **2,453** | [Corporate Governance](index=60&type=section&id=%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86) [Corporate Governance Overview](index=60&type=section&id=%E5%85%AC%E5%8F%B8%E6%B2%BB%E7%90%86%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5%E8%AF%B4%E6%98%8E) The company operated strictly under relevant laws, continuously improving its governance structure. All four Board committees performed their duties, and the Board of Supervisors had no objections. An internal control self-assessment report was also disclosed - The company strictly adheres to relevant laws and regulations, improving its corporate governance structure to ensure **timely, accurate, and fair information disclosure**[182](index=182&type=chunk) - The Board's **Audit Committee, Nomination Committee, and Remuneration and Assessment Committee** all held meetings during the reporting period to review matters such as financial report audits, senior management appointments, and remuneration[187](index=187&type=chunk)[188](index=188&type=chunk)[189](index=189&type=chunk) - The company has disclosed its "**2018 Internal Control Evaluation Report**" and diligently managed investor relations[191](index=191&type=chunk)[194](index=194&type=chunk) [Financial Report](index=64&type=section&id=%E8%B4%A2%E5%8A%A1%E6%8A%A5%E5%91%8A) [Audit Report](index=64&type=section&id=%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The auditor issued a "modified unqualified opinion with an emphasis of matter" on the 2018 financial report, highlighting significant going concern uncertainty due to continuous losses, negative net assets, and a reorganization application. Accounts receivable impairment was a key audit matter - The audit opinion type is an "**unqualified opinion with an emphasis of matter paragraph**"[198](index=198&type=chunk) - The emphasis of matter paragraph explicitly states **significant uncertainty regarding the company's going concern ability** due to: **continuous losses in net profit (excluding non-recurring items)**, year-end **current liabilities exceeding current assets by 757 million Yuan**, **negative owners' equity attributable to parent company of 185 million Yuan**, a **debt-to-asset ratio of 100.74%**, and a **creditor's application for company reorganization**[200](index=200&type=chunk) - A key audit matter is "**allowance for doubtful accounts on accounts receivable**". The auditor considers this matter material, and its determination involves significant management accounting estimates and judgments[201](index=201&type=chunk) [Key Financial Statements](index=66&type=section&id=%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) Financial statements show severe deterioration: year-end 2018 consolidated balance sheet reported total assets of 5.102 billion Yuan and total liabilities of 5.140 billion Yuan, resulting in negative owners' equity. The consolidated income statement showed 2.838 billion Yuan in revenue and a net loss of 682.33 million Yuan Consolidated Balance Sheet Summary (December 31, 2018) | Item | Balance at Period End (Yuan) | | :--- | :--- | | **Total Assets** | **5,102,113,676.80** | | Total Current Assets | 3,889,195,028.75 | | Total Non-current Assets | 1,212,918,648.05 | | **Total Liabilities** | **5,139,850,679.94** | | Total Current Liabilities | 4,645,795,893.68 | | Total Non-current Liabilities | 494,054,786.26 | | **Total Owners' Equity** | **-37,737,003.14** | | Owners' Equity Attributable to Parent Company | -185,411,457.33 | Consolidated Income Statement Summary (2018) | Item | Current Period Amount (Yuan) | | :--- | :--- | | Total Operating Revenue | 2,837,897,217.00 | | Total Operating Cost | 3,088,834,267.34 | | Operating Profit | -204,580,355.27 | | Total Profit | -183,898,855.82 | | Net Profit | -682,326,753.08 | | Net Profit Attributable to Parent Company Shareholders | -731,193,504.53 |

600815 厦门厦工机械股份有限公司 2018 年第三季度报告 公司代码：600815 公司简称：厦工股份 厦门厦工机械股份有限公司 2018 年第三季度报告 1 / 21 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 9 | 600815 厦门厦工机械股份有限公司 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 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 5,728,031,944.64 6,417,192,816.15 -10.74 归属于上市公司股东的净资产 439,533,866.96 546,391,832.92 -19.56 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 556,875,582.26 145,973,613.28 281.49 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 ...