Financial Performance - The company's operating revenue for Q3 2022 was ¥521,563,382.85, a decrease of 3.85% compared to the same period last year[4]. - The net profit attributable to shareholders for Q3 2022 was ¥26,794,521.48, down 46.06% year-on-year[4]. - The basic earnings per share for Q3 2022 was ¥0.0277, a decline of 45.58% compared to the previous year[4]. - Total operating revenue for the first three quarters of 2022 was CNY 1,253,088,174.56, a decrease of 6.5% compared to CNY 1,340,416,326.09 in the same period of 2021[15]. - Net profit for the third quarter of 2022 was CNY 95,364,235.11, a decline of 27.5% from CNY 131,560,310.58 in the same quarter of 2021[17]. - Basic earnings per share for the third quarter of 2022 were CNY 0.0989, down from CNY 0.1355 in the same period last year, representing a decrease of 27.0%[18]. - The total comprehensive income for the third quarter of 2022 was CNY 95,364,235.11, down from CNY 131,560,310.58 in the same period last year[17]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,877,285,860.73, a decrease of 3.39% from the end of the previous year[5]. - Total assets as of September 30, 2022, amounted to ¥3,877,285,860.73, a decrease from ¥4,013,160,577.27 at the end of 2021[12]. - Total liabilities as of the end of the third quarter of 2022 amounted to CNY 1,129,414,033.86, compared to CNY 1,274,724,294.00 at the end of the previous year, indicating a reduction of approximately 11.4%[15]. - The company's total equity attributable to shareholders was CNY 2,746,764,048.86, slightly up from CNY 2,736,741,459.52 year-over-year[15]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥253,719,220.44[4]. - The net cash flow from operating activities for the first three quarters of 2022 was ¥253,719,220.44, a significant improvement compared to a net cash outflow of ¥53,458,797.01 in the same period of 2021[20]. - Total cash inflow from operating activities was ¥1,408,252,475.82, while cash outflow was ¥1,154,533,255.38, resulting in a positive cash flow from operations[20]. - The net cash flow from financing activities was -¥134,283,108.40, an improvement from -¥251,099,088.58 in the same period of 2021[21]. - The total cash and cash equivalents at the end of the period increased to ¥480,737,051.86, compared to ¥208,429,003.46 at the end of the same period last year[21]. Shareholder Information - The company reported a total of 79,338 common shareholders at the end of the reporting period[10]. - The largest shareholder, Bao Shijin, holds 27.95% of the shares, with 273,199,388 shares pledged[10]. - The company has a total of 6,969,724 shares held in treasury, representing 0.71% of total share capital[11]. Cost Management - Total operating costs for the first three quarters of 2022 were CNY 1,151,832,088.54, down from CNY 1,187,499,628.20 in the previous year, reflecting a cost reduction of approximately 3.0%[15]. - The company noted that rising commodity prices have led to increased raw material costs, impacting gross profit margins[8]. - The cash paid for purchasing goods and services decreased significantly to ¥841,750,631.31 from ¥1,185,113,899.16 in the same period of 2021[20]. Research and Development - Research and development expenses for the first three quarters of 2022 were CNY 40,663,854.51, down from CNY 46,896,909.72 in the same period of 2021, reflecting a decrease of about 13.0%[15]. Other Financial Metrics - The company reported a significant increase in contract liabilities by 92.60% at the end of the reporting period[7]. - The company experienced a 54.40% decrease in net profit attributable to shareholders after deducting non-recurring gains and losses[6]. - The weighted average return on equity for Q3 2022 was 0.95%, a decrease of 1.46 percentage points compared to the previous year[5]. - The company reported a credit impairment loss of CNY -13,251,746.72 for the third quarter of 2022, an improvement from CNY -30,157,649.43 in the same quarter of the previous year[17]. - The company reported a 100% decrease in long-term receivables due to the termination of leasing business[7].

2022 年第三季度报告 证券代码：601218 证券简称：吉鑫科技 江苏吉鑫风能科技股份有限公司 2022 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人包振华、主管会计工作负责人 WU JIE 及会计机构负责人（会计主管人员）周漪 保证季度报告中财务信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 1 / 11 单位：元 币种：人民币 项目 本报告期 本报告期比上 年同期增减变 动幅度(%) 年初至报告期末 年初至报告期末 比上年同期增减 变动幅度(%) 营业收入 521,563,382.85 -3.85 1,253,088,174.56 -6.52 归属于上市公司股东的净利润 26,794,521.48 -46.06 95,951,280.85 -27.39 归属于 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥731,524,791.71, a decrease of 8.33% compared to ¥797,969,179.90 in the same period last year[19] - The net profit attributable to shareholders for the first half of 2022 was ¥69,156,759.37, down 16.15% from ¥82,480,239.11 in the previous year[19] - Basic earnings per share for the first half of 2022 were ¥0.0712, a decrease of 15.84% from ¥0.0846 in the same period last year[20] - The diluted earnings per share were ¥0.0708, down 16.11% from ¥0.0844 in the previous year[20] - The weighted average return on net assets was 2.56%, a decrease of 0.65 percentage points compared to 3.21% in the same period last year[20] - The net profit after deducting non-recurring gains and losses was ¥64,492,090.06, a decrease of 6.96% from ¥69,318,757.31 in the previous year[19] - The company's weighted average net profit margin, excluding non-recurring gains and losses, decreased by 0.32 percentage points to 2.38%[21] - The company reported a total comprehensive income of ¥15.65 million for the first half of 2022, compared to ¥28.28 million in the same period of 2021[106] - The net profit for the first half of 2022 was CNY 68,635,618.75, a decline of 16.43% compared to CNY 82,107,556.84 in the first half of 2021[102] Cash Flow and Assets - The net cash flow from operating activities improved significantly to ¥244,830,461.93, compared to a negative cash flow of ¥10,430,151.24 in the same period last year[19] - The company's cash and cash equivalents increased to ¥785,294,928.56 from ¥274,729,897.20, representing a growth of approximately 186.5%[93] - The total cash and cash equivalents at the end of the first half of 2022 increased to ¥677.67 million, up from ¥297.26 million at the end of the first half of 2021[108] - The company's cash flow from operating activities reached approximately 244.83 million yuan, a significant increase compared to a negative cash flow of 10.43 million yuan in the previous year[34] - The total cash inflow from financing activities was 105,326,893.00 RMB, while cash outflow amounted to 313,346,889.81 RMB, resulting in a net cash flow of -208,019,996.81 RMB[111] - The total assets increased by 3.88% to ¥4,168,674,205.85 from ¥4,013,160,577.27 at the end of the previous year[19] - The company’s total assets included cash and cash equivalents of approximately 785.29 million yuan, representing 18.84% of total assets, an increase of 185.84% year-on-year[36] - Total current assets increased to ¥2,310,515,512.32 from ¥2,105,641,126.31, reflecting a growth of about 9.7%[93] Liabilities and Equity - The total liabilities increased to ¥1,447,567,157.61 from ¥1,274,724,294.00, which is an increase of about 13.5%[95] - The company's total equity decreased slightly to ¥2,721,107,048.24 from ¥2,738,436,283.27, a decline of approximately 0.6%[95] - Long-term loans decreased by 23.94% to ¥134.19 million, also due to repayment of principal and interest[37] - The total amount of guarantees provided by the company (including guarantees to subsidiaries) is RMB 755,214,247, which accounts for 27.75% of the company's net assets[72] - The total amount of guarantees provided to subsidiaries during the reporting period is RMB 340,000,000[72] Research and Development - The company applied for and accepted 1 invention patent and 6 utility model patents during the reporting period, with a total of 68 authorized patents, including 19 invention patents[31] - The company plans to enhance R&D investment and improve product technology to strengthen its market position[42] - Research and development expenses were CNY 24,639,338.19, down from CNY 35,251,344.46 in the first half of 2021, indicating a reduction of 30.06%[101] - The company developed new materials QT500-14 and QT600-10AL, which are recognized for their advanced performance in high-end wind power castings, filling a gap in national standards[29] Market and Industry Outlook - The wind power industry is projected to see an annual average increase of 23 GW in new installation capacity from 2018 to 2027, with a CAGR of 1.9%[24] - The global offshore wind power capacity is expected to exceed 234 GW by 2030, indicating strong market growth potential[23] - The wind power installed capacity in China reached approximately 340 million kW, reflecting a year-on-year growth of 17.2%[24] Corporate Governance and Management - The company appointed Wu Jie as the new secretary of the board on January 24, 2022, following the resignation of Zhu Taoyun[49] - The company approved the 2022 restricted stock incentive plan and its summary during the first extraordinary general meeting on April 1, 2022[46] - The company has not disclosed any new employee stock ownership plans or other incentive measures[53] - The company has completed the registration procedures for the restricted stock incentive plan with the China Securities Depository and Clearing Corporation[52] Environmental and Social Responsibility - The company has established pollution prevention facilities in accordance with national and local environmental protection requirements, ensuring effective operation through monitoring systems[55] - The company is actively conducting clean production audits to improve resource utilization efficiency and reduce pollutant generation[60] - The company has completely eliminated high-pollution fuels and equipment, such as replacing wood with natural gas and electric furnaces with cupola furnaces[61] - The company is constructing a 150MW wind power plant in Hebei, contributing to green clean energy and alleviating environmental pollution[60] Risks and Challenges - The company faces risks from fluctuations in the wind power industry, policy changes, and raw material price volatility[42] - The company has pledged various assets, including cash and fixed assets, totaling ¥1.06 billion for financing purposes[38]

证券代码：601218 证券简称：吉鑫科技 江苏吉鑫风能科技股份有限公司 2022 年第一季度报告 第一季度财务报表是否经审计 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人包振华、主管会计工作负责人 WU JIE 及会计机构负责人（会计主管人员）周漪保证 季度报告中财务报表信息的真实、准确、完整。 2022 年第一季度报告 (二)非经常性损益项目和金额 | | | 单位：元 币种：人民币 | | --- | --- | --- | | 项目 | 本期金额 | 说明 | | 非流动资产处置损益 | | | | 越权审批，或无正式批准文件，或偶发性的税收返还、减免 | | | | 计入当期损益的政府补助，但与公司正常经营业务密切相关，符合国 | | | | 家政策规定、按照一定标准定额或定量持续享受的政府补助除外 | 732,152.43 | | | ...

Financial Performance - In 2021, the company's operating revenue was CNY 1,858,647,141.73, a decrease of 9.28% compared to 2020[20] - The net profit attributable to shareholders was CNY 208,928,336.75, down 10.63% from the previous year[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 185,967,431.02, a decline of 19.43% year-on-year[20] - The net cash flow from operating activities was CNY 105,028,728.40, a significant drop of 85.61% compared to 2020[20] - As of the end of 2021, the total assets amounted to CNY 4,013,160,577.27, a decrease of 5.33% from the previous year[20] - The net assets attributable to shareholders were CNY 2,736,741,459.52, showing a slight increase of 0.51% year-on-year[20] - Basic earnings per share decreased by 10.64% to CNY 0.2142 in 2021 compared to CNY 0.2397 in 2020[21] - Diluted earnings per share decreased by 9.52% to CNY 0.2138 in 2021 compared to CNY 0.2363 in 2020[21] - The net profit for the period was CNY 208,252,657.03, reflecting an 11.11% decline from the previous year[42] - The total profit for 2021 was approximately ¥216.89 million, down 20.59% from ¥272.98 million in 2020[188] Revenue and Sales - Revenue from casting business declined by 12.8% to CNY 1.63 billion in 2021 due to a decrease in wind turbine component prices[29] - The company achieved operating revenue of 1.859 billion yuan, a decrease of 9.28% compared to the same period last year[31] - The company achieved sales revenue of CNY 1,662.71 million from hub and base products, a decrease of 12.90% compared to CNY 1,908.97 million in 2020[170] - The company reported sales revenue of CNY 195.94 million from wind power services, an increase of 40.15% compared to CNY 139.80 million in 2020[170] Costs and Expenses - The operating cost was CNY 1,450,715,338.17, down 4.81% year-on-year[42] - The cost of casting business decreased by 5.45% to CNY 1.389 billion in 2021 despite rising raw material prices[30] - Research and development expenses increased by 13.77% to CNY 70,298,709.32, indicating a focus on innovation[42] - The gross margin for the wind turbine manufacturing segment was 14.79%, a decrease of 6.63 percentage points year-on-year[44] - The company reported a decrease in financial expenses to approximately ¥40.64 million in 2021 from ¥43.62 million in 2020, a reduction of 6.78%[188] Investments and R&D - The company completed the development of 37 new processes with a first-time verification pass rate of 93.1% during the reporting period[31] - A total of 4 invention patents and 9 utility model patents were applied for and accepted during the reporting period[31] - The company is investing in new technology development, allocating $50 million towards R&D initiatives in the upcoming fiscal year[89] - The company has committed to increasing R&D investments and attracting high-end talent, especially in digital innovation[75] Market and Industry Outlook - The wind power industry is expected to see an average annual increase of 23 GW in new installation capacity in China from 2018 to 2027, with a CAGR of 1.9%[35] - By the end of 2021, the cumulative installed capacity of wind power in China reached 328 million kilowatts, with onshore wind power accounting for 302 million kilowatts[35] - The global offshore wind power capacity is expected to increase from 13 GW in 2015 to 100 GW by 2030, driven by technological advancements and cost reductions[63] Corporate Governance - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with the guidelines for independent director systems[81] - The company has established a robust information disclosure system, ensuring timely and accurate communication with all shareholders[82] - The company has a strategic committee, a compensation and assessment committee, a nomination committee, and an audit committee to enhance governance and decision-making processes[81] - The company has implemented measures to ensure the independence of its operations, including asset, personnel, and financial independence[82] Environmental and Social Responsibility - The company is committed to achieving carbon neutrality by 2060, aligning with national goals for carbon emissions reduction[64] - The company aims to achieve a clean energy ratio of 50% or more by 2025, as outlined in the "14th Five-Year Plan" for major state-owned enterprises[70] - The company has implemented pollution prevention facilities in compliance with environmental protection requirements, ensuring effective operation through monitoring systems[121] - The company donated 188,600 RMB to local education reward funds and public welfare organizations during the reporting period[128] Challenges and Risks - The company faces risks from fluctuations in the wind power industry, policy changes, and rising raw material prices[76] - The company is navigating challenges posed by the ongoing COVID-19 pandemic, which may impact overall performance in 2022[78] - The company has faced regulatory scrutiny, which may impact its market reputation and operations[95] Shareholder Information - The largest shareholder, Bao Shijin, holds 273,199,388 shares, representing 27.95% of the total shares, with 76,627,778 shares pledged[157] - The second-largest shareholder, Zhang Jinyu, holds 68,415,200 shares, representing 7.00% of the total shares[157] - The total number of ordinary shareholders as of the end of the reporting period is 92,114, down from 97,732 at the end of the previous month[154] Cash Flow and Financial Position - The net cash flow from investing activities was -¥262,731,917.10 in 2021, compared to ¥7,790,412.78 in 2020, indicating a shift towards more investment expenditures[195] - The ending cash and cash equivalents balance for 2021 was ¥208,655,182.95, a decrease from ¥549,001,424.81 in 2020[195] - Total current assets for 2021 amounted to ¥2,105,641,126.31, a decrease from ¥2,241,018,376.20 in 2020, reflecting a decline of approximately 6.06%[182]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥798 million, a decrease of 5.09% compared to ¥841 million in the same period last year[16]. - Net profit attributable to shareholders for the first half of 2021 was approximately ¥82.48 million, down 20.99% from ¥104.39 million in the same period last year[16]. - Basic earnings per share decreased by 20.93% to ¥0.0846 from ¥0.1070 in the same period last year[16]. - The weighted average return on net assets decreased by 0.89 percentage points to 3.21% from 4.10% in the same period last year[16]. - The net cash flow from operating activities was negative at approximately -¥10.43 million, a significant decline from ¥168.23 million in the same period last year, representing a decrease of 106.20%[16]. - Total assets at the end of the reporting period were approximately ¥3.93 billion, down 7.39% from ¥4.24 billion at the end of the previous year[16]. - Net assets attributable to shareholders decreased by 4.13% to approximately ¥2.61 billion from ¥2.72 billion at the end of the previous year[16]. - The company reported a basic earnings per share after deducting non-recurring gains and losses of ¥0.0711, a decrease of 31.30% from ¥0.1035 in the same period last year[16]. - The diluted earnings per share decreased by 19.85% to ¥0.0844 from ¥0.1053 in the same period last year[16]. - The company reported a net profit from the power generation project of approximately 59.35 million RMB, with a year-on-year growth of 30.59% due to the increase in project scale[27]. - The company reported a total profit for the first half of 2021 of ¥80,732,634.21, a decrease of 35.88% from ¥125,902,362.96 in the first half of 2020[86]. Research and Development - Research and development expenses increased by 52.88% to approximately 35.25 million RMB, reflecting the company's commitment to innovation[32]. - Research and development expenses increased to ¥35,251,344.46, up 53.06% from ¥23,058,121.90 in the first half of 2020[86]. - The company applied for and accepted 13 patents in the first half of 2021, including 4 invention patents and 9 utility model patents, with a total of 59 authorized patents by the end of the reporting period[26]. - The company holds 59 authorized patents, including 19 invention patents and 1 US invention patent, highlighting its commitment to intellectual property development[21]. Operational Efficiency - The company operates under a "make-to-order" production model, allowing for customized production based on client specifications, which helps manage inventory effectively[22]. - The company has implemented a comprehensive quality management system, achieving certifications such as ISO9001:2008 and ISO14001:2004[20]. - The company achieved a net cash flow from operating activities of -10.43 million RMB, a significant decrease compared to 168.23 million RMB in the previous year[32]. - The company implemented cost reduction measures, resulting in a 9% decrease in casting operating costs to approximately 560 million RMB[27]. - The company sold 58,400 tons of wind power castings in the first half of 2021, a decrease of 6% compared to the same period last year, with casting business revenue of 670 million RMB, down 11% year-on-year[27]. Market Position and Strategy - The company has established long-term strategic partnerships with major wind turbine manufacturers, including GE and CRRC Zhuzhou, through direct sales agreements[23]. - The company has established a production capacity of 150MW from two wind power projects, with the first phase (100MW) and the second phase (50MW) both receiving renewable energy subsidies[20][21]. - The wind power industry is projected to see a compound annual growth rate (CAGR) of 1.9% for new wind installation capacity in China from 2018 to 2027, with an expected annual average of 23GW[24]. - The company is focused on enhancing its governance model to be more standardized, open, and diversified, preparing for broader market opportunities[30]. Financial Position - Cash and cash equivalents decreased by 26.31% to 510.91 million, accounting for 13.01% of total assets[34]. - Accounts receivable increased by 2.45% to 744.82 million, representing 18.97% of total assets[34]. - Inventory rose by 40.04% to 473.81 million, making up 12.07% of total assets due to decreased shipment volume[34]. - Short-term borrowings increased by 52.87% to 321.41 million, accounting for 8.19% of total assets[34]. - The total amount of guarantees provided by the company, excluding those for subsidiaries, was RMB 454,388,116.40, which accounts for 17.39% of the company's net assets[66]. - The company reported a total of CNY 732,432,663.72 in undistributed profits as of June 2021, down from CNY 899,179,152.54 in December 2020, a decrease of about 18.6%[84]. Environmental Compliance - The company is listed as a key pollutant discharge unit, with a simplified management category for its pollution discharge permit, primarily discharging waste gas and wastewater[47]. - The company has established pollution prevention facilities in accordance with environmental protection requirements and operates them effectively[48]. - The company has complied with environmental impact assessment procedures for construction projects and adheres to the "three simultaneous" system for environmental protection[49]. - The company conducts annual environmental monitoring through a third-party agency and has installed VOCs online monitoring equipment[51]. - The company is actively engaged in clean production audits to enhance resource utilization efficiency and reduce pollution[53]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,570[70]. - The largest shareholder, Bao Shijin, held 27.95% of the shares, with a total of 273,199,388 shares, and had 93,177,778 shares pledged[71]. - Zhang Jinyu, the second-largest shareholder, held 7.00% of the shares, totaling 68,415,200 shares, with 54,000,000 shares pledged[71]. - The company did not report any major related party transactions during the reporting period[62]. Accounting Policies - The company's financial statements are prepared based on the assumption of going concern, indicating confidence in its operational sustainability for at least the next 12 months[112]. - The company’s accounting policies comply with the relevant enterprise accounting standards, ensuring accurate reflection of its financial status[114]. - The company recognizes revenue when control of goods is transferred to the customer, which includes conditions such as contract approval and payment obligations[187]. - The company measures lease liabilities based on the present value of lease payments not yet paid at the lease commencement date[182].

2021 年第一季度报告 公司代码：601218 公司简称：吉鑫科技 江苏吉鑫风能科技股份有限公司 2021 年第一季度报告 1 / 24 | 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 8 | 2021 年第一季度报告 一、 重要提示 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 24 本报告期末 上年度末 本报告期末 比上年度末 增减(%) 调整后 调整前 总资产 3,992,299,624.55 4,239,307,619.68 4,239,307,619.68 -5.83 归属于上市公司股东 的净资产 2,554,088,901.76 2,722,838,897.91 2,722,838,897.91 -6.20 年初至报告期末 上年初至上年报告期末 比上年同期 调整后 调整前 增减(%) 经营活动产生的现金 流量净额 -66,830,965.77 -6,294,122.00 -6,294,122.00 不适用 年初至报告期末 上年 ...

Financial Performance - The company's operating revenue for 2020 was CNY 2,048,770,631.53, representing a 36.86% increase compared to CNY 1,496,938,303.74 in 2019[24]. - The net profit attributable to shareholders of the listed company reached CNY 233,780,372.92, a significant increase of 257.48% from CNY 65,396,509.70 in the previous year[24]. - The net cash flow from operating activities was CNY 729,793,592.56, showing a 99.75% increase compared to CNY 365,356,749.82 in 2019[24]. - Basic earnings per share increased by 259.37% to CNY 0.2397 in 2020 compared to CNY 0.0667 in 2019[25]. - Diluted earnings per share rose by 258.57% to CNY 0.2363 in 2020 from CNY 0.0659 in 2019[25]. - The weighted average return on equity increased by 6.32 percentage points to 8.95% in 2020, up from 2.63% in 2019[25]. - Total revenue for Q4 2020 reached CNY 663,801,460.63, marking a significant increase from CNY 303,757,028.03 in Q1 2020[28]. - The company reported a net cash flow from operating activities of CNY 304,021,266.78 in Q4 2020, up from CNY -6,294,122.00 in Q1 2020[28]. - Non-recurring gains and losses amounted to CNY 2,970,112.20 in 2020, compared to CNY -1,265,486.06 in 2019[30]. Assets and Liabilities - The total assets as of the end of 2020 were CNY 4,239,307,619.68, a decrease of 7.06% from CNY 4,561,562,491.22 at the end of 2019[24]. - The total liabilities decreased from 2,052,154,682.74 to 1,514,098,218.30, a reduction of about 26.19%[182]. - Current liabilities decreased from 1,590,041,594.46 to 1,104,056,299.32, a reduction of about 30.58%[182]. - Long-term borrowings decreased from 223,868,756.16 to 212,235,179.72, a decrease of approximately 5.00%[182]. - The total equity increased from 2,509,407,808.48 to 2,725,209,401.38, an increase of approximately 8.59%[182]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 2.00 per 10 shares to all shareholders, pending approval at the annual shareholders' meeting[5]. - In 2020, the company distributed a cash dividend of 2.00 yuan per 10 shares, with a total distribution amounting to approximately 233.78 million yuan[90]. - The cash dividend policy stipulates that the company will distribute at least 10% of the annual distributable profit in cash if profits are positive and there are no major investment plans[87]. Research and Development - The company’s R&D expenses rose by 27% to CNY 61.79 million, reflecting its commitment to innovation[47]. - Research and development expenses totaled approximately 61.79 million RMB, representing 3.02% of operating revenue, with 231 R&D personnel making up 27.27% of the total workforce[60]. - The company applied for and accepted 11 utility model patents and was granted 1 invention patent and 19 utility model patents during the reporting period[42]. Operational Strategy - The company specializes in manufacturing components for large wind turbines, with a production capacity covering a range from 750KW to 12MW[34]. - The company operates on a "make-to-order" model, allowing for customized production based on client specifications[34]. - The company has established long-term cooperative relationships with major suppliers to ensure the stability of raw material procurement[35]. - The company successfully completed the 150MW wind farm project, contributing to its revenue growth[41]. Market and Industry Trends - The company aims to enhance its position in the wind energy sector, aligning with national policies promoting non-fossil energy sources[71]. - Offshore wind power has advantages such as higher generation capacity, larger single-unit capacity, and stability, leading to a global trend of shifting from onshore to offshore development[72]. - The cost of offshore wind power has decreased by over 30% since the first offshore wind farm was commissioned, with total installed capacity expected to surge from 13GW in 2015 to 100GW by 2030[72]. - The market trend indicates that wind power will transition to grid parity, supported by government policies promoting unsubsidized pricing[78]. Governance and Compliance - The company emphasizes that forward-looking statements in the report do not constitute a substantive commitment to investors, highlighting investment risks[6]. - The company has not reported any violations regarding decision-making procedures for external guarantees[8]. - The company’s board of directors and management confirm the accuracy and completeness of the annual report, with no false records or misleading statements[8]. - The company has implemented a comprehensive governance structure to protect shareholder rights and ensure compliance with relevant laws and regulations[111]. - The company has no significant litigation or arbitration matters during the reporting period[97]. Social Responsibility and Environmental Commitment - The company actively participates in social responsibility initiatives, focusing on supporting disadvantaged communities[112]. - The company strictly adheres to environmental regulations and has not faced any administrative penalties from environmental authorities during the reporting period[113]. - The company is committed to becoming a world-class casting supplier, focusing on green development and sustainable practices[80]. Executive Compensation and Shareholding - The total remuneration for the chairman, Bao Shijin, was CNY 1,053,300, with a decrease in shareholding by 1,000,000 shares during the reporting period[137]. - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to CNY 10.2881 million[145]. - The company has a consistent policy of shareholding adjustments among its executives, indicating a strategic approach to equity management[137]. Risks and Challenges - The company is facing risks from fluctuations in the wind power industry, policy changes, and potential declines in customer demand, which may impact operational performance[84]. - Independent directors raised concerns regarding the authenticity and completeness of the 2020 semi-annual report, citing issues with related party transactions and accounting classifications[158].

2020 年第三季度报告 公司代码：601218 公司简称：吉鑫科技 江苏吉鑫风能科技股份有限公司 2020 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 | 6 | | 四、 | 附录 | 8 | 2020 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。 1.4 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 | | | 上年度末 | | 本报告期末 | | --- | --- | --- | --- | --- | | | 本报告期末 | 调整后 | 调整前 | 比上年度末 | | | | | | 增减(%) | | 总资产 | 4,296,039,644.84 | 4,561,562,491.22 | 4,505,34 ...