北京 上海 深圳 杭州 广州 昆明 天津 成都 宁波 福州 西安 南京 南宁 济南 重庆 苏州 长沙 太原 武汉 贵阳 乌鲁木齐 郑州 石家庄 合肥 海南 青岛 香港 巴黎 马德里 硅谷 斯德哥尔摩 纽约 BEIJING|SHANGHAI|SHENZHEN|HANGZHOU|GUANGZHOU|KUNMING|TIANJIN|CHENGDU|NINGBO|FUZHOU|XI'AN|NANJING|NANNING|JINAN|CHONGQING|SUZHOU|CHANGSHA|TAIYUAN|WUHAN|GUIYANG|URUMQI|ZHENGZHOU|SHIJIAZHUANG|HEFEI|HAINAN|QINGDAO|HONG KONG|PARIS|MADRID|SILICON V A L L E Y | S T O C K H O L M | N E W Y O R K 上海市北京西路 968 号嘉地中心 23-25 层 邮编：200041 23-25/F, Garden Square, 968 West Beijing Road, Shanghai 200041, China 电话/Tel: (+86)( ...

Financial Performance - In 2022, the company's operating revenue was CNY 2,738,989,213.46, a decrease of 14.34% compared to CNY 3,197,631,035.16 in 2021[21]. - The net profit attributable to shareholders was CNY 32,247,966.00, down 65.45% from CNY 93,343,983.58 in the previous year[21]. - Basic earnings per share decreased by 65.85% to CNY 0.028 in 2022 from CNY 0.082 in 2021[23]. - Net profit attributable to shareholders decreased by 65.45% year-on-year, primarily due to significant fluctuations in raw material prices and increased transportation costs[23]. - The company reported a net profit of CNY 18,254,286.31 in Q1 2022, which decreased to a loss of CNY 1,032,834.79 by Q4 2022[25]. - The company achieved a net profit of 10,684.93 million in 2022, with a return on equity of 2.96%[163]. - The company reported a total revenue of 14.7 billion in 2022, reflecting a year-over-year increase of 1.47%[161]. - The company reported a significant decrease in revenue for its subsidiary CSTC Chile, with a loss of CLP 151.42 million, reflecting a 90.73% decline[80]. Cash Flow and Assets - The net cash flow from operating activities increased significantly to CNY 447,422,309.31, compared to CNY 38,159,943.60 in 2021, marking a 1,072.49% increase[21]. - The total assets as of the end of 2022 were CNY 4,786,615,355.09, a decrease of 8.57% from CNY 5,235,290,456.39 at the end of 2021[22]. - Cash and cash equivalents increased by 1.36% to CNY 805,771,784.35, representing 16.83% of total assets[60]. - Accounts receivable decreased by 21.05% to CNY 724,667,683.52, accounting for 15.14% of total assets[60]. - Inventory decreased by 22.66% to CNY 701,812,443.85, representing 14.66% of total assets[60]. - Total liabilities decreased by 17.12% to CNY 2,153,922,569.71 from CNY 2,598,897,154.27[60]. Dividends and Retained Earnings - The company plans to distribute a cash dividend of CNY 0.1 per 10 shares, totaling CNY 11,421,967.00, based on a total share capital of 1,142,196,700 shares[6]. - The retained earnings as of December 31, 2022, amounted to CNY 75,803,292.82, which will be carried forward for future distributions[6]. Operational Efficiency and Cost Management - The company achieved cost reduction through self-production of ground bolts, lowering costs significantly while increasing annual processing capacity[33]. - The procurement costs were reduced through negotiations and expanding supplier channels, ensuring production needs were met while lowering costs[33]. - The total operating cost for the year was CNY 2,337,363,096.86, a decrease of 16.48% compared to CNY 2,798,521,505.35 in the previous year[51]. - The company reduced sales expenses by 31.14%, from CNY 35,445,173.44 to CNY 24,408,099.60[54]. - The company plans to improve production efficiency by implementing a refined production management system and reducing costs across various dimensions[89]. Research and Development - The company’s research and development expenses rose by 29.00% to CNY 31,514.74 million[44]. - The number of R&D personnel was 116, representing 15.74% of the total workforce[57]. - The company has reported a significant increase in R&D spending, which is expected to reach 75 million, up from 65 million in the previous year[102]. - The company is investing 1 billion in research and development for new technologies in 2023[162]. Market Expansion and Strategy - The company plans to continue expanding its market presence both domestically and internationally, focusing on high-quality product offerings and customer service[41]. - Market expansion strategies include entering two new international markets by the end of 2023, which is expected to contribute an additional 10% to overall revenue[102]. - The company is considering strategic acquisitions to enhance its market position, with a budget of 100 million allocated for potential deals[104]. - The company is positioned to benefit from the "Belt and Road" initiative, which is expected to boost exports of its tower products[68]. Governance and Compliance - The governance structure complies with modern corporate governance standards, ensuring clear responsibilities and effective checks and balances among the board, management, and shareholders[97]. - The board of directors includes independent directors constituting one-third of the total, ensuring compliance with legal and regulatory requirements[98]. - The company has implemented measures to ensure independence from its controlling shareholders, with no reported conflicts of interest[100]. - The company has maintained transparency in information disclosure, ensuring equal access to information for all shareholders[98]. Environmental and Social Responsibility - Environmental protection investments amounted to ¥12.52 million during the reporting period[132]. - The company has reduced carbon emissions by 3,843 tons through the implementation of clean energy generation (solar power) measures[140]. - The company has established an emergency response plan for environmental incidents, which was approved by the Changshu Environmental Protection Bureau[136]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[139]. Risks and Challenges - The company faces market competition risks due to low industry entry barriers and increasing competition from new entrants[94]. - Fluctuations in raw material prices pose a significant risk, as production costs are sensitive to changes in material prices after contracts are signed[94]. - The company faces foreign exchange risks due to increased export activities, including transaction risk and translation risk[95]. Employee Management and Training - The total number of employees in the parent company and major subsidiaries is 946, with 766 in the parent company and 180 in subsidiaries[116]. - A total of 2,035 training sessions were conducted in 2022, focusing on safety and corporate culture for new employees[120]. - The company revised its salary management system to enhance employee satisfaction and competitiveness in the market[117].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 496,599,379.64, representing a decrease of 15.21% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was CNY 11,279,123.54, down 38.21% year-on-year[5]. - The basic earnings per share decreased by 50% to CNY 0.01[5]. - The decline in net profit was primarily due to a 15.21% decrease in operating revenue[8]. - Net profit for Q1 2023 was CNY 11,208,430.99, down 37.7% from CNY 18,067,673.17 in Q1 2022[17]. - The company reported a gross profit margin of approximately 2.4% in Q1 2023, compared to 24.5% in Q1 2022[16]. - The total comprehensive income attributable to the parent company for Q1 2023 was ¥12,052,241.32, compared to ¥17,484,225.15 in Q1 2022, showing a decline of approximately 31%[20]. - The company’s total comprehensive income for Q1 2023 was ¥11,981,548.77, down from ¥17,297,612.01 in Q1 2022, indicating a decline of approximately 30%[20]. Cash Flow and Assets - The net cash flow from operating activities was CNY 141,378,695.41, a significant decline of 229.75% compared to the previous year[5]. - The company reported a significant increase in cash flow from the release of restricted funds and collection of receivables[8]. - In Q1 2023, the company reported a net cash flow from operating activities of ¥141,378,695.41, a significant improvement compared to a net outflow of ¥108,964,050.40 in Q1 2022[19]. - The company’s net cash flow from investing activities was -¥40,911,619.81 in Q1 2023, compared to a positive cash flow of ¥31,633,811.40 in Q1 2022, reflecting increased investment expenditures[20]. - Cash and cash equivalents increased to CNY 954,037,322.84 as of March 31, 2023, from CNY 805,771,784.35 at the end of 2022, representing a growth of 18.4%[13]. - Cash and cash equivalents at the end of Q1 2023 totaled ¥863,735,064.32, up from ¥561,230,797.01 at the end of Q1 2022, representing a year-over-year increase of approximately 54%[21]. - The cash outflow from operating activities in Q1 2023 was ¥528,923,733.27, compared to ¥1,343,905,324.09 in Q1 2022, reflecting a reduction in cash outflows[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,743,546,830.62, down 0.90% from the end of the previous year[6]. - Total assets as of March 31, 2023, amounted to CNY 4,743,546,830.62, a decrease from CNY 4,786,615,355.09 at the end of 2022[14]. - Current liabilities totaled CNY 2,091,507,065.92, down 2.6% from CNY 2,147,226,371.01 at the end of 2022[15]. - The total liabilities decreased to CNY 2,098,579,149.26 in Q1 2023 from CNY 2,153,922,569.71 in Q1 2022, a reduction of 2.6%[15]. - The company’s inventory decreased to CNY 645,756,259.33 as of March 31, 2023, down 8% from CNY 701,812,443.85 at the end of 2022[13]. Research and Development - Research and development expenses increased to CNY 6,590,990.78 in Q1 2023, up 45% from CNY 4,545,379.89 in Q1 2022[17]. Future Outlook - The company plans to focus on market expansion and new product development in the upcoming quarters to improve financial performance[16].

证券代码：601700 证券简称：风范股份 常熟风范电力设备股份有限公司 投资者关系活动记录表 编号：2022 第 001 号 | --- | --- | --- | --- | --- | |-------------------------|------------------------------------|--------------------------------------------------|--------------------------|--------| | | | | | | | | □特定对象调研 □分析师会议 | | | | | 投资者关系活动 | □媒体采访 | □ √ 业绩说明会 | | | | 类别 | □新闻发布会 □路演活动 | | | | | | □现场参观 | | | | | | □其他 | （请文字说明其他活动内容） | | | | 参与单位名称及 人员姓名 | 投资者 | | | | | 时间 2022 | 年 5 月 20 日 | | | | | | 地点 上证路演中心 | | | | | | 董事长兼总经理：范立义 | | | | | 上市公司接 ...

2022 年第三季度报告 证券代码：601700 证券简称：风范股份 公告编号：2022-058 常熟风范电力设备股份有限公司 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 范立义、主管会计工作负责人 宋闯及会计机构负责人（会计主管人员）樊文杰 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 623,239,993.91 | -33.64 ...

2022 年半年度报告 公司代码：601700 公司简称：风范股份 常熟风范电力设备股份有限公司 2022 年半年度报告 1 / 157 2022 年半年度报告 重要提示 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 2022年上半年公司不进行利润分配、不以公积金转增股本 六、 前瞻性陈述的风险声明 √适用 □不适用 本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，敬请投资者注意投资 风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司已在本报告中详细 阐述公司在生产经营过程中可能面临的各种风险及应对措施，详见本报告第三节"管理层讨论与 分析"等有关章节中关于公司面临风险和不利因素的描述。 十一、 其他 □适用 √不适用 2 / 157 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性、准确性、 完整性，不存在虚 ...

Financial Performance - In 2021, the company's operating revenue reached ¥3,197,631,035.16, representing a year-on-year increase of 22.96% compared to ¥2,600,522,072.61 in 2020[20]. - The net profit attributable to shareholders of the listed company was ¥93,343,983.58, a decrease of 57.29% from ¥218,539,452.95 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥92,251,667.19, down 46.40% from ¥172,122,747.45 in 2020[20]. - Basic earnings per share decreased by 57.89% to CNY 0.08 compared to CNY 0.19 in the previous year[22]. - Net profit attributable to shareholders decreased by 57.29% year-on-year, primarily due to a significant increase in raw material prices leading to higher product costs[22]. - The weighted average return on equity decreased by 5.10 percentage points to 3.63% from 8.73% in the previous year[22]. - Total revenue reached ¥3,070,777,258.02, with a gross margin of 8.87%, down 6.69 percentage points year-on-year[47]. - The company reported a total revenue of 600,000 RMB for the audit services provided by Zhongxinghua Accounting Firm[141]. Cash Flow and Assets - The net cash flow from operating activities was ¥38,159,943.60, a significant turnaround from a negative cash flow of ¥380,310,350.44 in 2020, marking an increase of 110.03%[20]. - The total assets of the company increased by 10.40% to ¥5,235,290,456.39 from ¥4,742,081,444.07 in 2020[21]. - Cash and cash equivalents decreased by 18.70% to 794,992,749.05 CNY compared to the previous period[57]. - Inventory increased by 49.33% to 907,404,363.08 CNY, primarily due to an increase in raw material stock[57]. - The company reported a long-term investment of RMB 153,727,663.66, down from RMB 175,350,899.63 in the previous year, reflecting a decrease of about 12.3%[198]. Operational Efficiency - The company implemented cost control measures and improved supply chain management to mitigate the impact of rising prices[32]. - Cash flow from operating activities increased by 110.03%, mainly due to a reduction in cash paid for goods and services[22]. - The company reported a significant increase in fixed assets by 29.18% to 653,936,390.90 CNY, attributed to new rental scaffolding assets[57]. - The company has reported a decrease in operational costs by 15% due to improved efficiency measures[98]. Research and Development - Research and development expenses surged by 57.69% to CNY 24,430,253.11, up from CNY 15,492,239.86 in the previous year[42]. - The number of R&D personnel is 96, representing 12% of the total workforce[55]. - The company is investing heavily in R&D, with a budget increase of 30% to enhance product innovation and technology development[98]. Market Position and Strategy - The company is positioned as a leader in the ultra-high voltage transmission tower industry, capable of producing towers for voltages up to 1000kV[37]. - The company is actively expanding its steel structure business, with ongoing projects such as the steel structure expansion project and the completion of the painting workshop process[33]. - The company is exploring opportunities in Southeast Asia, particularly in Bangladesh, to expand its market presence[85]. - The company aims to enhance product development and market expansion while focusing on new tower types and materials to improve product competitiveness[80]. Governance and Compliance - The company maintains a robust governance structure, ensuring compliance with legal requirements and protecting the rights of minority shareholders[89]. - The board of directors has established and strictly implemented rules for meetings, independent director systems, and secretarial work guidelines, ensuring compliance with legal and regulatory requirements[90]. - The company has effectively maintained internal controls, ensuring orderly and efficient business operations throughout the reporting period[122]. - The company has complied with environmental regulations, with no instances of exceeding pollution discharge standards reported[126]. Future Outlook - The company provided an optimistic outlook for Q4 2023, projecting revenue to exceed 1.8 billion, indicating a potential growth of 25%[98]. - Future guidance indicates a commitment to sustainable practices, aiming for a 50% reduction in carbon emissions by 2025[98]. - The company anticipates significant market growth driven by the Belt and Road Initiative and urbanization efforts[63].

2022 年第一季度报告 | 项目 | 本报告期 | 本报告期比上年同期增减 | | --- | --- | --- | | | | 变动幅度(%) | | 营业收入 | 585,676,578.73 | 34.18 | | 归属于上市公司股东的净利润 | 18,254,286.31 | -35.26 | | 归属于上市公司股东的扣除非经常性 | 16,068,550.08 | -38.51 | | 损益的净利润 | | | | 经营活动产生的现金流量净额 | -108,964,050.40 | -51.14 | 公司负责人 范立义、主管会计工作负责人 宋闯 及会计机构负责人（会计主管人员） 樊文杰 保 证季度报告中财务报表信息的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 证券代码：601700 证券简称：风范股份 公告编号：2022-017 常熟风范电力设备股份有限公司 2022 年第一季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别 ...

2021 年第三季度报告 证券代码：601700 证券简称：风范股份 常熟风范电力设备股份有限公司 2021 年第三季度报告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 比上年同 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 | 939,112,708.67 | 124.08 | 2,248,935,273.38 | ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,309,822,564.71, representing a 2.27% increase compared to CNY 1,280,785,464.93 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 50.66% to CNY 53,366,629.05 from CNY 108,163,507.95 year-on-year[18]. - Basic earnings per share for the reporting period were CNY 0.05, down 50.00% from CNY 0.10 in the same period last year[20]. - The weighted average return on net assets decreased by 2.29 percentage points to 2.05% from 4.34% year-on-year[20]. - The net profit for the first half of 2021 was CNY 26,931,459.58, down from CNY 130,602,611.75 in the same period last year, representing a decrease of approximately 79.4%[95]. - The company reported a total comprehensive income for the first half of 2021 of CNY 61,305,884.86, down from CNY 119,306,492.83 in the first half of 2020[98]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -110,887,994.96, a decrease of 201.95% compared to CNY 108,767,423.17 in the previous year[18]. - The total assets at the end of the reporting period increased by 11.95% to CNY 5,308,580,603.39 from CNY 4,742,081,444.07 at the end of the previous year[18]. - The company's inventory rose by 60.47% to approximately ¥975.15 million, driven by increased production stock due to rising material prices[38]. - Cash and cash equivalents decreased to ¥882,820,137.10 from ¥977,804,474.11, representing a decline of about 9.7%[89]. - The total current assets as of June 30, 2021, amounted to ¥4,339,572,697.22, an increase from ¥3,771,669,738.03 at the end of 2020, reflecting a growth of approximately 15%[89]. Liabilities and Equity - The total liabilities increased by 28.92% to approximately ¥2.75 billion, up from ¥2.13 billion in the previous year[39]. - The company's total liabilities reached CNY 2,745,311,564.94, up from CNY 2,129,472,290.07, reflecting a growth of approximately 29%[91]. - The total equity attributable to the parent company at the end of the previous year was 2,612,609,154.00, showing a significant increase from the previous period[110]. - The total equity at the end of the current period reached 2,563,269,038, demonstrating a stable financial position[113]. Market and Competition - The company actively expands into international markets, exporting products to regions including Australia, America, Europe, Africa, and Asia[30]. - The company faces market competition risks due to low industry entry barriers and increasing competition from new entrants[47]. - The company is positioned to benefit from the national strategy to accelerate the construction of ultra-high voltage backbone channels during the 14th Five-Year Plan period[28]. Operational Highlights - The company has completed several major projects, including the world's highest 500kV angle steel transmission tower and the first 750kV transmission line demonstration project in China[27]. - The company maintains a comprehensive production capacity of 400,000 tons per year, ensuring timely completion of production tasks and high product quality[30]. - The company is focusing on transforming its business model by exploring EPC and BOT commercial models to cultivate new profit growth points[27]. Environmental Compliance - The company has established a water reuse treatment station and installed pollution control devices, ensuring compliance with wastewater and air emission standards[59]. - The company has obtained the pollution discharge permit from the Suzhou Ecological Environment Bureau, confirming compliance with environmental regulations[60]. - There were no administrative penalties related to environmental issues during the reporting period[66]. Shareholder and Governance - The company has committed to not transferring or entrusting the management of shares for 36 months post-IPO, ensuring stability in shareholding[68]. - Shareholders are restricted to transferring no more than 25% of their total shares annually while serving as directors or senior management[69]. - The total number of ordinary shareholders reached 74,609 by the end of the reporting period[80]. Risk Factors - The company is sensitive to raw material price fluctuations, which significantly impact production costs and profit margins[47]. - The company may face risks from a reduction in national investment in power grid construction, which could impact domestic business development[48]. - The company is exposed to exchange rate risks as its export business grows, affecting various financial transactions[47]. Future Outlook - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[116]. - The company is exploring potential mergers and acquisitions to drive growth and market expansion[116]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[129].