Financial Performance - Total revenue for Q1 2018 reached RMB 724,485,030.71, an increase of 36.94% compared to RMB 529,058,917.91 in the same period last year[13]. - Net profit attributable to shareholders was RMB 20,964,983.61, a decrease of 6.14% from RMB 22,335,701.39 year-on-year[7]. - The company reported a significant increase in other income, amounting to RMB 3,599,909.45, compared to RMB 0.00 in the previous year[13]. - Operating costs rose by 52.28% to RMB 593,699,026.09, up from RMB 389,881,066.35 year-on-year[13]. - Financial expenses surged by 154.79% to RMB 16,234,554.72, compared to RMB 6,371,759.13 in the same period last year[13]. - Total operating revenue for Q1 2018 was CNY 724,485,030.71, an increase of 37% compared to CNY 529,058,917.91 in the same period last year[29]. - Net profit for Q1 2018 was CNY 23,333,022.89, a decrease of 25% from CNY 31,290,818.55 in Q1 2017[30]. - The gross profit margin for Q1 2018 was approximately 3.5%, down from 6.1% in the same quarter last year[30]. - Earnings per share (EPS) for Q1 2018 was CNY 0.026, compared to CNY 0.028 in Q1 2017, showing a decline of 7%[31]. - The total comprehensive income for Q1 2018 was 10,161,910.26 CNY, compared to 25,441,946.00 CNY in the previous year, indicating a decline of about 60%[34]. Cash Flow and Investments - The net cash flow from operating activities was RMB -44,608,848.64, improving from RMB -116,599,152.75 in the previous year[7]. - The company’s investment activities generated a net cash flow of RMB 64,660,841.97, an increase of 66.40% from RMB 38,858,497.10 year-on-year[13]. - Operating cash inflow for Q1 2018 was 814,521,138.21 CNY, compared to 676,954,222.57 CNY in the previous year, reflecting an increase of approximately 20.3%[36]. - The company reported cash inflow from investment activities of 390,006,843.19 CNY, compared to 268,935,635.03 CNY in the previous year, representing a growth of approximately 45%[37]. - The cash flow from financing activities was 68,438,481.27 CNY, a significant recovery from -20,641,778.96 CNY in the previous year[38]. - The company reported a total cash inflow from investment activities of $309,366,748.66, compared to $189,181,406.47 in the previous period, reflecting a growth of approximately 63.5%[42]. Assets and Liabilities - The company's total assets increased by 6.31% to RMB 4,728,353,860.07 from RMB 4,447,704,232.84 at the end of the previous year[7]. - Cash and cash equivalents increased by 91.31% to ¥169,740,918.47 from ¥88,723,888.93 year-over-year[16]. - Accounts receivable rose by 9.05% to ¥723,281,708.96 compared to ¥663,272,394.05 in the previous year[16]. - Inventory increased by 14.43% to ¥1,838,596,893.18 from ¥1,606,747,566.12 year-over-year[16]. - Total liabilities increased to ¥1,996,412,065.92 from ¥1,740,182,054.64 year-over-year[24]. - Total equity increased to ¥2,731,941,794.15 from ¥2,707,522,178.20 year-over-year[24]. - Total assets increased to CNY 4,515,958,329.78, compared to CNY 4,195,806,269.39 in the previous year, marking a growth of 8%[28]. - Total liabilities rose to CNY 1,957,279,956.87, up from CNY 1,647,794,374.13, indicating a 19% increase year-over-year[28]. - Long-term payables increased to CNY 690,000,000.00 from CNY 620,000,000.00, reflecting an increase of 11% year-over-year[28]. Shareholder Information - The number of shareholders at the end of the reporting period was 86,911[11].

Financial Performance - The company's operating revenue for 2017 was CNY 2,966,888,613.95, representing a year-on-year increase of 29.88% compared to CNY 2,284,401,358.00 in 2016[21] - The net profit attributable to shareholders of the listed company reached CNY 147,592,628.55, a significant increase of 107.32% from CNY 71,190,454.59 in the previous year[21] - Basic earnings per share increased by 111.11% to CNY 0.19 from CNY 0.09 in 2016[23] - Diluted earnings per share also rose by 111.11% to CNY 0.19 from CNY 0.09 in 2016[23] - The company reported a net cash flow from operating activities of CNY 196,970,558.31 in Q4 2017, a recovery from previous quarters[25] - Total revenue for the year reached CNY 2,602,203,273.85, an increase of 21.35% compared to the previous year[55] - The gross margin for fasteners was reported at 21.11%, with a slight increase of 1.28 percentage points year-on-year[54] - Revenue from fasteners reached ¥1,951,705,823.43, up 17.35% compared to the previous year[46] Assets and Liabilities - The total assets of the company at the end of 2017 were CNY 4,447,704,232.84, an increase of 4.82% from CNY 4,243,024,554.39 at the end of 2016[22] - The net assets attributable to shareholders of the listed company were CNY 2,469,060,025.09 at the end of 2017, reflecting a growth of 6.46% from CNY 2,319,221,198.18 in 2016[22] - Cash and cash equivalents decreased by 62.26% to CNY 88,723,888.93 compared to the previous period[64] - The company had accounts receivable of CNY 663,272,394.05, which increased by 21.21% year-on-year[64] Dividends and Profit Distribution - The company proposed a cash dividend of CNY 1 per 10 shares, totaling CNY 79,269,000.00, to be distributed to shareholders[6] - The company plans to use the remaining undistributed profits of CNY 414,435,295.02 to temporarily supplement working capital and for future distribution[6] - The company plans to implement a cash dividend policy, distributing CNY 79,269,000 in 2017, which is 53.71% of the net profit attributable to shareholders[101] Research and Development - The company invested RMB 73.81 million in research and development in 2017[40] - The company launched 21 new products and developed a total of 115 new products during 2017[39] - R&D expenditure increased by 55.50% to ¥73,807,127.55, focusing on new technologies and product innovations[48] Market and Industry Outlook - The fastener industry in China is expected to maintain stable growth, supported by favorable macroeconomic conditions and policies[34] - The company continues to focus on high-quality, high-value products in sectors such as railways, nuclear power, and new energy vehicles[31] - The company aims to expand its overseas market presence while consolidating its domestic market position[39] - The company anticipates a decrease in steel price increase to below 10% in 2018 due to diminishing marginal effects of capacity reduction[95] Risks and Challenges - The company has outlined potential risks in its future development strategies, which investors should be aware of[8] - The company faces risks from trade barriers, with 75 trade remedy investigations initiated against China in 2017, involving an amount of USD 11 billion[96] - The company is committed to enhancing environmental protection measures in response to stricter regulations, which may increase operational costs[97] Corporate Governance - The company received a standard unqualified audit report from Tianjian Accounting Firm[5] - The internal control audit report was issued by Tianjian Accounting Firm, confirming the effectiveness of internal controls with a standard unqualified opinion[190] - The company has maintained a high level of transparency in information disclosure, adhering to relevant laws and regulations[179] Social Responsibility - The company plans to donate over RMB 1 million for poverty alleviation over the next ten years, with an annual donation of RMB 50,000 established through a charity fund[136] - The company received the "Love Award" from the Jiaxing County Government for its charitable contributions in 2018[140] - The company provided over 3,800 job opportunities and paid taxes totaling 158 million RMB during the reporting period[141] Related Party Transactions - The company has ongoing related transactions with Taiwan Exhibition Mould, involving a total of approximately RMB 6.6 million (including tax)[112] - The company has incurred related transaction amounts of RMB 3.14 million for purchasing parts and RMB 4.34 million for service provision from Jiaxing Litong[115] - The total amount of related party transactions is approximately 4.56% of the company's latest audited net assets[121] Employee and Management Information - The total number of employees in the parent company is 2,239, while the total number of employees in major subsidiaries is 1,621, resulting in a combined total of 3,860 employees[171] - The company emphasizes employee training and has established a three-tier training system for different levels of staff[173] - The total remuneration for directors and supervisors amounted to 893.66 thousand yuan[162] Audit and Compliance - The audit report emphasizes the importance of identifying and assessing risks of material misstatement due to fraud or error[196] - The company must assess its ability to continue as a going concern, disclosing relevant matters if applicable[196] - The company has not identified any significant deficiencies in internal controls during the reporting period[185]

2017 年第三季度报告 公司代码：601002 公司简称：晋亿实业 晋亿实业股份有限公司 2017 年第三季度报告 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 | 10 | 2017 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 公司负责人蔡永龙、主管会计工作负责人薛玲及会计机构负责人（会计主管人员）费贵龙保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 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 | 4,379,134,062.78 | 4,243 ...

Financial Performance - The company's operating revenue for the first half of 2017 was approximately ¥1.29 billion, representing a 20.70% increase compared to ¥1.07 billion in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2017 was approximately ¥82.04 million, a significant increase of 285.50% from ¥21.28 million in the previous year[17]. - The basic earnings per share for the first half of 2017 was ¥0.103, up 243.33% from ¥0.030 in the same period last year[18]. - The weighted average return on net assets increased to 3.47%, up by 2.53 percentage points compared to 0.94% in the previous year[18]. - The total operating revenue for the first half of 2017 reached ¥1,294,632,165.99, an increase of 20.6% compared to ¥1,072,578,244.27 in the same period last year[106]. - Net profit for the first half of 2017 was ¥94,678,386.46, a significant increase of 318.5% compared to ¥22,642,742.33 in the same period last year[107]. - The total comprehensive income for the first half of 2017 was ¥94,678,386.46, compared to ¥22,642,742.33 in the same period last year, showing a growth of 318.5%[107]. Cash Flow and Liquidity - The net cash flow from operating activities for the first half of 2017 was negative at approximately -¥153.27 million, a decrease of 169.99% compared to ¥219.00 million in the same period last year[17]. - Cash and cash equivalents decreased significantly to ¥38,848,821.51 from ¥235,082,644.48, a decline of approximately 83.5%[98]. - The ending balance of cash and cash equivalents decreased to ¥38,848,821.51 from ¥224,583,754.13, reflecting a decline of approximately 82.7%[112]. - Total cash outflow for operating activities reached ¥1,638,177,053.29, up from ¥1,018,846,266.97, representing a rise of about 60.7%[111]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥4.25 billion, a slight increase of 0.21% from ¥4.24 billion at the end of the previous year[17]. - The company's net assets attributable to shareholders at the end of the reporting period were approximately ¥2.40 billion, reflecting a 3.62% increase from ¥2.32 billion at the end of the previous year[17]. - Total current assets increased to ¥2,755,275,267.98 from ¥2,709,482,929.47, reflecting a growth of approximately 1.69%[98]. - Total liabilities decreased to ¥1,618,890,613.66 from ¥1,706,534,970.11, reflecting a reduction of approximately 5.14%[100]. Inventory and Receivables - The company's accounts receivable increased by 15.03% to ¥629,467,465.51, compared to ¥547,218,572.34 in the previous period[33]. - Inventory rose by 12.06% to ¥1,662,854,792.29, attributed to rising raw material prices[33]. - The company has recognized a bad debt provision of CNY 60,296,944.34, which is 8.74% of the total accounts receivable of CNY 689,764,409.85[199]. Investments and R&D - The company invested in 25 R&D projects, including technologies for automotive engine bolts and high-strength bolts, with R&D expenses increasing by 18.09% to 30.19 million RMB[29]. - The company plans to implement a technical transformation project for an acid washing automatic production line, with an estimated annual revenue of ¥120,000,000 once operational[36]. Market and Industry - The total output value of the mechanical general parts industry reached 172 billion RMB, with a year-on-year growth of 6.2%[23]. - The industry’s total import and export value was 16.118 billion USD, reflecting a year-on-year increase of 11.0%[23]. - The company actively expanded its high-speed rail supply business in response to the growing demand in the sector[27]. Related Party Transactions - The company continues to engage in related party transactions, including purchasing hardware products and providing third-party warehousing services, with a transaction amount of approximately RMB 10 million (including tax) for labor services[60]. - The company has engaged in related party transactions with Zhejiang Jinchun, with sales of RMB 20 million for disc products and RMB 1.5 million for hand tools[62]. Environmental Compliance - The company’s wastewater discharge meets environmental standards, with COD levels at 172 mg/l and ammonia nitrogen at 24 mg/l, both below the regulatory limits[84]. - The company achieved a COD discharge concentration of 167 mg/l, which is compliant with environmental discharge standards[85]. Corporate Governance - The company has no major litigation or arbitration matters during the reporting period, ensuring a stable legal environment for operations[59]. - The company has retained Tianjian Accounting Firm for the 2017 financial audit, ensuring compliance and accuracy in financial reporting[56]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 95,931[92]. - The largest shareholder, CHIN CHAMP ENTERPRISE CO., LTD., holds 327,755,207 shares, representing 41.35% of the total shares[92].

2017 年第一季度报告 公司代码：601002 公司简称：晋亿实业 晋亿实业股份有限公司 2017 年第一季度报告 1 / 18 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 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 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | | | 3 / 18 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 4,254,959,222.64 4,243,024,554.39 0.28 归属于上市公司股东的净资产 2,342,759,107.10 2,319,221,198.18 1.01 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 -116,599,152.75 65,840,192.25 -277.09 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 529,058,917 ...

Financial Performance - The net profit attributable to shareholders for 2016 was ¥71,190,454.59, a significant recovery from a loss of ¥13,563,265.79 in 2015[5] - The company's operating income for 2016 was ¥2,284,401,358.00, representing a slight increase of 0.28% compared to ¥2,278,105,619.40 in 2015[21] - The net cash flow from operating activities increased by 57.56% to ¥308,862,957.58 in 2016 from ¥196,023,989.13 in 2015[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥58,713,216.58, compared to a loss of ¥18,925,356.62 in the previous year[21] - Basic earnings per share for 2016 was CNY 0.090, a significant increase from a loss of CNY 0.020 in 2015[23] - The weighted average return on equity rose to 3.12% in 2016, an increase of 3.71 percentage points compared to -0.59% in 2015[23] - Total revenue for Q4 2016 reached CNY 652,950,860.37, marking a steady growth throughout the year[25] - The net profit attributable to shareholders in Q4 2016 was CNY 26,962,996.68, showing a positive trend from previous quarters[25] - The company reported a total of CNY 12,477,238.01 in non-recurring gains for 2016, indicating a strong performance in this area[28] Assets and Liabilities - Total assets as of the end of 2016 were ¥4,243,024,554.39, reflecting a 6.92% increase from ¥3,968,403,186.89 at the end of 2015[22] - The company's total equity attributable to shareholders increased by 3.37% to ¥2,319,221,198.18 at the end of 2016 from ¥2,243,627,829.49 at the end of 2015[22] - The company's total liabilities amounted to RMB 1,706,534,970.11, up from RMB 1,513,399,495.14, indicating an increase of about 12.8%[181] - The total owner's equity reached RMB 2,536,489,584.28, compared to RMB 2,455,003,691.75 at the start of the year, reflecting a growth of around 3.3%[181] - Cash and cash equivalents increased to RMB 235,082,644.48 from RMB 191,234,847.82, marking a rise of approximately 22.9%[179] Operational Strategy - The company emphasizes the importance of maintaining sufficient working capital and reducing financial costs for stable development[5] - The company is actively expanding its international market presence while maintaining its leading position in the domestic fastener and railway fastening market[31] - The production model includes planned production for general sales and order-based production for exports, optimizing resource utilization[31] - The sales strategy combines direct and distribution sales to enhance product visibility and market share[32] - The company plans to enhance its market development efforts, particularly in nuclear power, machinery, environmental equipment, and new energy vehicles[75] Research and Development - The company has invested in research and development for various fasteners and hardware products, supporting its growth strategy[31] - Research and development expenses totaled 47.46 million RMB, accounting for 2.08% of operating revenue, with 119 new products developed during the year[35] - The company is committed to increasing R&D investment and acquiring independent intellectual property rights to enhance its competitiveness[74] Market and Sales - Revenue from the fastener segment was ¥2,101,891,478.23, with a year-over-year decline of 1.3%[46] - The automatic storage equipment segment saw a significant revenue increase of 40.17%, reaching ¥23,556,475.25[46] - The logistics segment achieved sales revenue of 64.79 million, a year-on-year increase of 75.56%[57] Governance and Compliance - The company has retained Tianjian Accounting Firm for 10 years, with an audit fee of 800,000 CNY for the 2016 fiscal year[88] - The internal control audit fee for Tianjian Accounting Firm is set at 200,000 CNY[88] - The company maintained a tax rate of 54.1% on Chinese steel fasteners as determined by the EU's anti-dumping measures[90] - The company has not reported any funds being occupied or overdue during the reporting period[87] Corporate Social Responsibility - The company plans to donate over 1 million RMB for poverty alleviation over the next 10 years, with an annual donation of 50,000 RMB established through a charity fund[119] - The company’s charitable contributions for poverty alleviation in 2016 amounted to 60,000 RMB[120] - The company paid a total of 147 million RMB in taxes during the reporting period, contributing to local economic development[124] Employee and Management - The company has a total employee count of 3,004, providing significant employment opportunities[124] - The total number of employees in the parent company and major subsidiaries is 3,004, with 1,615 in the parent company and 1,389 in subsidiaries[154] - The company has implemented a training plan that includes pre-employment training for new employees and ongoing skill enhancement for existing staff[156] Future Outlook - The company plans to increase its operating revenue by 1% in 2017, targeting 2.30089 billion RMB[40] - The company aims for a sales target of RMB 286.89 million for the year 2017, focusing on maintaining its leading position in the industry[75]

Financial Performance - Operating revenue decreased by 2.55% to CNY 1,631,450,497.63 for the period from January to September[7] - Net profit attributable to shareholders of the listed company was CNY 36,473,021.91, a significant recovery from a loss of CNY 13,884,020.96 in the same period last year[7] - Basic and diluted earnings per share were both CNY 0.056, compared to a loss of CNY 0.013 per share in the same period last year[8] - Total profit increased to RMB 66,949,384.61 from a loss of RMB 1,757,772.70 year-over-year[14] - Net profit for Q3 2016 reached CNY 25,941,951.76, compared to CNY 10,670,513.39 in Q3 2015, marking a significant increase of 143.5%[30] - The total comprehensive income for Q3 2016 was CNY 25,941,951.76, compared to CNY 10,670,513.39 in Q3 2015, showing a year-over-year increase of 143.5%[31] - Total comprehensive income for the first nine months of 2016 was ¥46.34 million, compared to ¥16.36 million in the same period last year[34] Cash Flow - Net cash flow from operating activities reached CNY 259,780,608.24, a turnaround from a negative cash flow of CNY 11,065,639.94 in the previous year[7] - Cash flow from operating activities for the first nine months of 2016 was ¥259.78 million, a significant recovery from a negative cash flow of ¥11.07 million in the same period last year[37] - Total cash inflow from operating activities reached CNY 1,694,769,755.83, up from CNY 1,615,738,929.91 year-on-year, reflecting a growth of approximately 4.9%[40] - The net increase in cash and cash equivalents for the period was CNY 106,528,062.11, compared to a decrease of CNY 25,427,063.96 in the previous year[41] Assets and Liabilities - Total assets increased by 4.65% to CNY 4,153,108,142.87 compared to the end of the previous year[7] - The company's total liabilities were CNY 1,646,264,141.75, an increase from CNY 1,513,399,495.14 at the beginning of the year, which is an increase of about 8.77%[22] - The company's current assets totaled CNY 2,601,706,748.56, up from CNY 2,359,648,665.59 at the start of the year, indicating an increase of about 10.27%[21] - The inventory balance as of September 30, 2016, was CNY 1,414,881,103.06, compared to CNY 1,304,288,356.97 at the beginning of the year, representing a rise of approximately 8.49%[21] - The company's total equity as of Q3 2016 was CNY 2,380,015,787.24, compared to CNY 2,333,170,110.21 in Q3 2015, reflecting an increase of 2.0%[27] Shareholder Information - The total number of shareholders reached 90,879 by the end of the reporting period[11] - The largest shareholder, CHIN CHAMP ENTERPRISE CO., LTD., holds 41.35% of the shares[11] Government Subsidies and Non-Recurring Items - The company received government subsidies amounting to CNY 9,048,803.39 during the reporting period, which are closely related to its normal business operations[9] - Non-recurring gains and losses totaled CNY 1,788,754.60 for the period, contributing positively to the overall financial performance[10] Operational Metrics - Operating costs decreased by 8.20% to RMB 1,281,511,547.22 from RMB 1,396,044,051.89 year-over-year[14] - The company reported an operating profit of CNY 32,900,953.61 for Q3 2016, significantly higher than CNY 15,958,893.76 in Q3 2015[30] - The company’s investment income for Q3 2016 was CNY 400,613.65, down from CNY 1,624,873.88 in Q3 2015[30] Future Outlook - The net profit for the upcoming quarter is expected to remain stable compared to the current cumulative net profit, with no significant changes anticipated[21] - The company anticipates continued profitability in the next quarter, with no major fluctuations in cumulative net profit expected[21]

Financial Performance - The company's operating revenue for the first half of 2016 was approximately RMB 1.07 billion, a decrease of 7.59% compared to RMB 1.16 billion in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2016 was RMB 21.28 million, a significant recovery from a loss of RMB 20.78 million in the same period last year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 15.32 million, compared to a loss of RMB 24.29 million in the same period last year[22]. - The net cash flow from operating activities increased by 166.22% to RMB 219 million, up from RMB 82.26 million in the same period last year[22]. - The weighted average return on net assets increased by 1.84 percentage points to 0.94% compared to -0.90% in the same period last year[22]. - The company achieved 46.62% of its annual revenue target of CNY 2.3 billion in the first half of 2016[33]. - The company anticipates continued profitability through the third quarter of 2016, contrasting with a loss of CNY 10.24 million in the same period last year[57]. - The total comprehensive income for the period was CNY 22,642,742.33, reflecting a significant change in financial performance[118]. Assets and Liabilities - The total assets at the end of the reporting period were approximately RMB 4.00 billion, an increase of 0.88% from RMB 3.97 billion at the end of the previous year[22]. - The net assets attributable to shareholders at the end of the reporting period were approximately RMB 2.27 billion, an increase of 1.05% from RMB 2.24 billion at the end of the previous year[22]. - Current assets increased to ¥2,445,643,875.79 from ¥2,359,648,665.59, representing a growth of approximately 3.64%[94]. - Total liabilities rose to ¥1,523,325,093.86 from ¥1,513,399,495.14, an increase of approximately 0.78%[96]. - The total owner's equity at the end of the reporting period is CNY 2,362,855,362.02, an increase from CNY 2,333,170,110.21 at the beginning of the year, reflecting a growth of approximately 1.28%[123]. Investments and Subsidiaries - The company holds a 75% stake in Jin De Limited, which specializes in high-end hardware products and has a registered capital of USD 79.8 million[43]. - Jin Ji Automotive Parts Co., Ltd. is another subsidiary with a 75% ownership, focusing on high-strength fasteners and has a registered capital of USD 33.73 million[43]. - The company has a fully owned subsidiary, Jiaxing Jin Yi Rail Fastening Co., Ltd., established in 2010 with a registered capital of RMB 5 million, producing rail fastening components[46]. - The registered capital of Jin Yi Logistics Co., Ltd. was increased from RMB 60 million to RMB 100 million, focusing on logistics and hardware products[48]. - The company fully acquired Zhejiang Jin Zheng Automation Engineering Co., Ltd. in 2013, which has a registered capital of RMB 48.228 million and specializes in automated systems[49]. - The company has completed the application for listing on the New Third Board for Jiaxing Litong Information Technology Co., Ltd., which has a registered capital of RMB 25 million[50]. Revenue and Sales - The company's sales revenue for the first half of 2016 was CNY 1,072.58 million, a decrease of 7.59% compared to CNY 1,160.69 million in the same period last year[28]. - Sales in the Americas decreased by 45.59%, while domestic sales decreased by 3.73%[37]. - Jin Yi Logistics achieved a sales revenue of CNY 22.46 million in the first half of 2016, representing a year-on-year growth of 37%[54]. - Quanzhou Logistics reported a sales revenue of CNY 9.28 million, with a year-on-year increase of 48%[54]. - Shenyang Logistics generated a sales revenue of CNY 8.09 million, reflecting a 33% year-on-year growth[54]. Expenses and Costs - Research and development expenses rose by 87.38% to CNY 25.56 million, reflecting increased investment in new technologies[32]. - The sales expenses decreased slightly by 0.77% to CNY 51.84 million, while management expenses increased by 15.62% to CNY 87.04 million[32]. - The total operating costs decreased to CNY 1,046,449,058.03, down 11.43% from CNY 1,181,507,635.26 year-on-year[101]. - The company reported a bad debt provision of ¥610,849.61 for the current period, with actual write-offs of accounts receivable amounting to ¥823,340.52[196]. Financing and Loans - The company has a loan agreement with Jin Zheng Enterprise for RMB 130 million, with an interest rate of 5.7%, aimed at reducing financing pressure and supporting stable development[69]. - The company borrowed RMB 50 million from Jin Zheng Trade, with an interest rate of 5.7%, to alleviate financing pressure for its subsidiary[70]. - The company has a total borrowing limit of up to RMB 200 million from Jin Zheng Trade, with the same interest rate of 5.7%, to support operational funding needs[70]. - The company borrowed RMB 180 million from Jinzheng Trading with an interest rate of 5.7%, resulting in interest payable of RMB 588,422.09[71]. Shareholder Information - The total number of shareholders at the end of the reporting period was 89,308[85]. - The largest shareholder, CHIN CHAMP ENTERPRISE CO., LTD., held 327,755,207 shares, representing 41.35% of the total share capital[86]. - The controlling shareholder plans to increase its stake in the company, having already acquired 1,710,151 shares, accounting for 0.216% of the total share capital, with an investment of 20 million RMB[80]. Compliance and Governance - The report includes a forward-looking statement risk disclaimer, indicating that future plans and strategies do not constitute a substantive commitment to investors[6]. - The company has established a complete internal control system to reduce operational risks and protect shareholder interests[79]. - The company appointed Tianjian Accounting Firm as the financial audit institution for the fiscal year 2016, with the term ending on the date of the 2016 annual general meeting[78]. Accounting Policies - The company’s accounting policies comply with the requirements of enterprise accounting standards, ensuring transparency in financial reporting[130]. - The company’s financial statements are prepared based on the assumption of continuous operation, reflecting a stable operational outlook[128]. - The company has not made any changes to its accounting policies or estimates during the reporting period[80]. Legal and Regulatory Matters - The company is involved in ongoing litigation regarding anti-dumping measures imposed by the EU, with a tax rate maintained at 54.1%[60].

2016 年第一季度报告 公司代码：601002 公司简称：晋亿实业 晋亿实业股份有限公司 2016 年第一季度报告 1 / 21 | 一、重要提示 | """""""""""""""""""""""""""""""""""3 | | --- | --- | | 二、公司主要财务数据和股东变化 | """"""""""""""""""""""""""3 | | 三、重要事项 | """""""""""""""""""""""""""""""""""6 | | 四、附 | 录""""""""""""""""""""""""""""""""""""11 | 2016 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 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 孙玲玲 | 独立董事 | 出国 | 李涛 | 1.3 公司负责人蔡永龙、主管会计工作负责人薛玲及会 ...

Financial Performance - In 2015, the company's operating revenue was CNY 2,278,105,619.40, a decrease of 24.27% compared to CNY 3,008,101,238.11 in 2014[20] - The net profit attributable to shareholders of the listed company for 2015 was a loss of CNY 13,563,265.79, representing a decline of 109.88% from a profit of CNY 137,245,905.34 in 2014[20] - The basic earnings per share for 2015 was -CNY 0.02, down 111.76% from CNY 0.17 in 2014[21] - The total assets at the end of 2015 were CNY 3,968,403,186.89, a decrease of 1.07% from CNY 4,011,365,419.32 at the end of 2014[20] - The cash flow from operating activities for 2015 was CNY 196,023,989.13, a decrease of 32.10% from CNY 288,686,406.94 in 2014[20] - The weighted average return on net assets for 2015 was -0.59%, a decrease of 6.58 percentage points from 5.99% in 2014[21] - The main business revenue from fasteners was CNY 2.167 billion, down 24.99% year-on-year, with high-speed rail fasteners contributing CNY 463 million, a 52.13% decrease [45] - The overall gross margin for the main business was 16.20%, a reduction of 5.16 percentage points compared to the previous year [45] - The company reported a total revenue of 552.84 million CNY with a net loss of 32.41 million CNY for the year 2015[69] - The company reported a net profit of -13,563,265.79 RMB for 2015, indicating no cash dividend distribution for that year[84] Research and Development - Research and development expenses for 2015 totaled CNY 25.61 million, representing 1.12% of total operating revenue[34] - The company developed 357 new products in 2015, including 161 fasteners, 101 iron clips, and 95 hand tools [37] - The number of R&D personnel is 210, accounting for 6% of the total workforce[54] - The company has made significant investments in new technologies, including color blue wave baking technology and automatic cold heading forming technology for hollow pivot shafts[54] Market and Product Development - The company achieved a sales volume of 37,300 tons for high-speed rail fasteners in 2015, indicating strong market demand in this segment[34] - The company operates 30 subsidiaries domestically and exports products to countries including the USA, Japan, South Korea, India, and Iran[34] - The company holds certifications for various fastener products, including CRCC certification for high-speed rail components, making it the only domestic manufacturer with a complete system for high-speed rail fasteners[34] - The company has a diverse product range with 59,157 types of fasteners and 1,358 types of rail fasteners, showcasing its extensive manufacturing capabilities[34] Financial Management and Strategy - The company plans not to distribute profits for 2015 due to operational losses, with cumulative undistributed profits amounting to CNY 300,151,247.12[5] - The company will continue to use the undistributed profits to temporarily supplement working capital and for future distribution[5] - The company has a three-year shareholder dividend return plan for 2015-2017, considering actual operating conditions and future development needs[83] - The company did not propose a cash profit distribution plan for 2015 despite having a positive profit available for distribution[85] Risk Management - The company has detailed risk factors and countermeasures regarding future development in the management discussion and analysis section[7] - The company faces risks from macroeconomic fluctuations, raw material price volatility, and trade barriers, which could impact its operations[78][79] - The company intends to diversify its markets, targeting regions such as Central and South America, the Middle East, and Indonesia to mitigate trade risks[79] Corporate Governance - The company has maintained a strict governance structure in compliance with relevant laws and regulations, ensuring the protection of shareholder rights and independent operations[152] - The board of directors consists of nine members, including three independent directors, and has established five specialized committees to enhance management effectiveness[153] - The company has established a performance evaluation and incentive mechanism for directors and senior management, ensuring transparency in appointments[155] - The company has revised its shareholder meeting rules to ensure fair treatment of all shareholders and proper conduct of meetings[152] Environmental and Social Responsibility - The company has established a comprehensive waste management process to comply with increasingly stringent environmental regulations[80] - The company plans to enhance personnel training and supervision while updating environmental protection facilities[80] - The management team emphasized the importance of sustainability initiatives, aiming for a 50% reduction in carbon footprint by 2025[141] Employee Management - The total number of employees in the parent company and major subsidiaries is 3,047, with 1,655 in the parent company and 1,392 in subsidiaries[146] - The professional composition of employees includes 1,520 production personnel, 282 sales personnel, and 709 technical personnel[146] - The company has implemented a comprehensive training program for new employees, including orientation and skills training, to enhance integration and productivity[148] Legal and Compliance - The company has ongoing litigation regarding anti-dumping measures imposed by the EU since 2009, with a final ruling expected in 2016[92] - The company has not faced any penalties from securities regulatory agencies in the past three years[145] - The company confirmed no significant risks were identified by the supervisory board during the reporting period[166]