2021 年第一季度报告 公司代码：603063 公司简称：禾望电气 1 / 24 FAN 深圳市禾望电气股份有限公司 2021 年第一季度报告 2021 年第一季度报告 opewind | --- | --- | --- | --- | --- | --- | --- | |-------|-------|----------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | 目录 | | | | | | | | | | | | | | | 一、 | | 重要提示 . | | | | | | iÍ | | 公司基本情况 . | | | | | | 11Í | | 重要事项 . | | | | | | 四、 | | 附录 . | | | | | 2 / 24 2021 年第一季度报告 单位：元 币种：人民币 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 ...

Financial Performance - Net profit attributable to shareholders of the listed company was RMB 245,830,032.39, representing a significant increase of 342.20% year-on-year[17]. - Operating revenue for the first nine months was RMB 1,546,756,258.24, up 30.22% from the same period last year[17]. - Basic earnings per share for the reporting period was RMB 0.57, an increase of 338.46% compared to RMB 0.13 in the previous year[19]. - The weighted average return on equity increased to 9.44%, up 7.26 percentage points from 2.18% in the previous year[19]. - The net profit after deducting non-recurring gains and losses was RMB 230,576,337.11, a remarkable increase of 440.47% year-on-year[17]. - Total revenue for Q3 2020 reached ¥657,418,077.79, a 33.1% increase from ¥494,044,674.75 in Q3 2019[39]. - Net profit for Q3 2020 was ¥127,650,830.13, compared to ¥37,260,206.93 in Q3 2019, representing a significant increase[41]. - The total profit for the first three quarters of 2020 was ¥367.13 million, compared to ¥79.18 million in the same period of 2019, representing a 363.5% increase[45]. Cash Flow - The net cash flow from operating activities for the first nine months was RMB 6,615,595.28, a turnaround from a negative cash flow of RMB -175,356,364.95 in the previous year, marking a 103.77% improvement[17]. - Cash inflow from operating activities for the first three quarters of 2020 was CNY 1,479,502,759.12, an increase of 24.4% compared to CNY 1,188,839,406.91 in the same period of 2019[49]. - Net cash flow from operating activities was CNY 6,615,595.28, a significant improvement from a net outflow of CNY -175,356,364.95 in the first three quarters of 2019[49]. - Cash inflow from financing activities was CNY 90,515,902.04, up from CNY 57,906,100.00 in the previous year, with a net cash flow from financing activities of CNY 62,311,942.54[50]. Assets and Liabilities - Total assets at the end of the reporting period reached RMB 4,954,456,306.28, an increase of 16.74% compared to the end of the previous year[17]. - Total liabilities increased to ¥2,087,918,685.30, up from ¥1,675,408,573.19, which is an increase of around 24.6%[34]. - Current liabilities amounted to ¥1,820,304,285.77, compared to ¥1,466,526,100.62, indicating a rise of about 24.1%[34]. - Owner's equity totaled ¥2,866,537,620.98, up from ¥2,568,505,531.39, reflecting an increase of approximately 11.6%[35]. - Total assets increased to ¥3,764,345,198.41 in Q3 2020 from ¥3,301,637,795.52 in Q3 2019, reflecting a growth of 14%[38]. - Total liabilities rose to ¥1,156,957,078.56 in Q3 2020, compared to ¥1,065,633,831.97 in Q3 2019, indicating an increase of 8.6%[38]. Shareholder Information - The total number of shareholders at the end of the reporting period was 21,012, with the largest shareholder holding 20.11% of the shares[21]. - The company reported a significant increase in total equity attributable to shareholders, rising to ¥2,760,811,738.49 from ¥2,473,791,692.37, which is an increase of approximately 11.6%[34]. Investments and Expenses - Long-term equity investments surged by 222.32% to ¥298,627,379.70, mainly from new investments in European and Longyuan Yancheng New Energy[23]. - Financial expenses increased significantly by 3,839.23% to ¥13,457,811.31, attributed to higher cash discounts[24]. - Research and development expenses for Q3 2020 were ¥45,207,777.90, up from ¥41,910,914.58 in Q3 2019, showing a 7% increase[39]. - The company reported investment income of ¥6,435,387.48 in Q3 2020, compared to ¥3,206,948.17 in Q3 2019, reflecting a growth of 100.5%[41].

Financial Performance - The company reported a significant increase in revenue for the first half of 2020, with total revenue reaching RMB 1.2 billion, representing a year-on-year growth of 25%[16]. - The company's operating revenue for the first half of the year reached ¥889,338,180.45, representing a year-on-year increase of 28.19% compared to ¥693,783,922.45 in the same period last year[20]. - Net profit attributable to shareholders was ¥124,477,417.66, a significant increase of 437.45% from ¥23,160,620.27 in the previous year[20]. - The net cash flow from operating activities was ¥118,570,402.03, recovering from a negative cash flow of -¥138,528,759.70 in the same period last year, marking an improvement of 185.59%[20]. - The gross margin for the first half of 2020 improved to 35%, up from 30% in the same period last year, indicating better cost management[16]. - The company achieved a total revenue of 889,338,180.45 RMB, representing a year-on-year growth of 28.19%[54]. - The net profit attributable to shareholders reached 12,447.74 million RMB, a significant increase of 437.45% compared to the previous year[52]. - The basic earnings per share rose to ¥0.29, up 480.00% from the previous year[20]. Market Outlook and Growth Strategy - The company provided a positive outlook for the second half of 2020, projecting a revenue growth of 20% to 30% based on current market trends and demand[16]. - The company is expanding its market presence, targeting new regions in Southeast Asia, with plans to establish partnerships with local distributors by the end of 2020[16]. - A strategic acquisition of a smaller competitor is in progress, which is expected to increase market share by 5% and enhance product offerings[16]. - The company is focused on maintaining fair pricing in related party transactions, referencing market prices for independent third-party transactions[82]. Research and Development - The company has allocated RMB 200 million for research and development in 2020, focusing on renewable energy technologies[16]. - The company has a research and development team of 328 engineers and has obtained 325 patents, including 1 international patent and 60 invention patents[42]. - The company is actively developing new wind turbine models and solutions for grid adaptability, enhancing its competitive edge in the wind power sector[25]. - The company continues to innovate in the photovoltaic inverter sector, with steady growth in product shipment capacity and sales revenue[50]. Product Development and Offerings - New product development includes the launch of a next-generation inverter, expected to enhance efficiency by 10% compared to previous models, set to be released in Q4 2020[16]. - The photovoltaic inverter product line includes models ranging from 3kW to 1.6MW, with a focus on distributed photovoltaic inverter solutions to improve energy efficiency[28]. - The company is expanding its product offerings in new application areas, including energy storage and rail transit power systems, leveraging existing technology platforms[31]. Financial Position and Assets - The company's total assets increased by 4.58% to ¥4,438,292,267.59 from ¥4,243,914,104.58 at the end of the previous year[20]. - The company's total liabilities increased from approximately 1.68 billion at the end of 2019 to about 1.72 billion as of June 30, 2020, indicating a rise of approximately 2.5%[133]. - The total equity attributable to shareholders increased from approximately 2.47 billion at the end of 2019 to about 2.62 billion, an increase of approximately 5.5%[133]. Risks and Challenges - The company has identified potential risks related to supply chain disruptions, which may impact production capacity in the upcoming quarters[16]. - The company faces risks related to industry policy changes, as the renewable energy sector is heavily influenced by government incentives and subsidies[69]. - There is a risk of declining product prices and gross margins due to increased competition and technological advancements, which may impact profitability[70]. - The company is experiencing a rise in accounts receivable, which poses a risk of bad debt losses and slower turnover rates[71]. Shareholder and Governance Matters - The board has not proposed any profit distribution plan for the first half of 2020, focusing instead on reinvestment for growth[16]. - The major shareholders and actual controllers have committed not to engage in any business that competes with the company, ensuring no conflicts of interest[82]. - The company guarantees that no non-operational fund transactions will occur, ensuring fair and transparent related party transactions[82]. - The company has established a clear framework for compensation in case of losses due to breaches of commitments by shareholders[82]. Compliance and Regulatory Matters - The company has complied with environmental regulations and has not faced any penalties for violations during the reporting period[113]. - The financial statements are prepared on a going concern basis, with no significant doubts regarding the company's ability to continue operations for the next 12 months[177]. - The company adheres to accounting standards, ensuring that the financial statements accurately reflect its financial position and operating results[180].

Financial Performance - The company's operating revenue for 2019 reached ¥1,786,258,128.40, representing a 51.20% increase compared to ¥1,181,410,705.07 in 2018[21]. - Net profit attributable to shareholders was ¥66,340,512.43, up 23.49% from ¥53,722,392.41 in the previous year[21]. - The net cash flow from operating activities increased by 125.26% to ¥104,173,439.22 from ¥46,245,633.96 in 2018[21]. - The total assets at the end of 2019 were ¥4,243,914,104.58, a 15.91% increase from ¥3,661,363,680.46 in 2018[21]. - Basic earnings per share for 2019 were ¥0.16, reflecting a 23.08% increase from ¥0.13 in 2018[21]. - The weighted average return on net assets rose to 2.74%, an increase of 0.48 percentage points from 2.26% in 2018[21]. - The company reported a significant decline in net profit after deducting non-recurring gains and losses, with a loss of ¥61,853,480.09 compared to a profit of ¥10,474,644.28 in 2018, marking a decrease of 690.51%[21]. - The company achieved total revenue of ¥1,786,258,128.40, representing a 51.20% increase compared to the previous year[61]. - The net profit attributable to shareholders increased by 23.49% to ¥66,340,512.43, while the profit before tax decreased by 12.50% to ¥95,312,058.00[61]. Dividend Distribution - The company plans to distribute a cash dividend of 0.16 RMB per 10 shares, totaling 6,890,640 RMB for the 2019 fiscal year[6]. - The cash dividend for 2019 was CNY 0.16 per 10 shares, totaling CNY 6,890,640.00 distributed to shareholders[117]. - The cash dividend for 2018 was CNY 0.15 per 10 shares, totaling CNY 6,463,350.00, which accounted for 12.03% of the consolidated net profit[117]. - The cash dividend for 2017 was CNY 1.40 per 10 shares, totaling CNY 58,800,000.00, representing 25.27% of the consolidated net profit[117]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[5]. - The company has a commitment to ensuring the accuracy and completeness of its financial reports[4]. - There are no non-operating fund occupations by controlling shareholders or related parties[8]. - The company has not faced any risks of suspension or termination of its listing[145]. - There were no major accounting errors or changes in the accounting firm during the reporting period[145]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[7]. - The company’s future development risks are detailed in the operational discussion and analysis section of the report[8]. - The company is facing risks related to policy changes in the renewable energy sector, which could impact market demand for its products[110]. - There is a risk of declining product prices and gross margins due to increased competition and technological maturity, which could adversely affect profitability[111]. - The company is experiencing growth in accounts receivable, which poses a risk of bad debt losses and slower turnover rates[112]. Research and Development - The company has a commitment to R&D in high-tech products in the fields of new energy and electrical transmission[170]. - The company aims to enhance its R&D system by improving technical planning and strengthening the construction of technology platforms, focusing on breakthroughs in key technologies[99]. - The company is focusing on developing new products in the electrical drive sector to enhance its competitive advantage across various industries[102]. - Total R&D expenditure was 151,891,236.99, accounting for 8.50% of total revenue[70]. - Research and development expenses increased by 26.10% year-on-year, reflecting a greater investment in R&D[64]. Market Position and Strategy - The company focuses on power conversion, providing efficient and reliable solutions in power generation, consumption, and transmission, with a core technology platform based on power electronics, electrical drive, industrial communication, and manufacturing processes[31]. - Major products include wind power converters (850kW to 10.0MW), photovoltaic inverters (3kW to 1.6MW), and electrical drive solutions (0.4kW to 60MW), catering to various high-end industrial applications[32][33]. - The company is actively expanding into new application areas, including energy storage, rail transit power systems, and electric vehicle drive systems, leveraging existing technology platforms[34]. - The company aims to enhance its competitive advantage in the wind power converter sector by optimizing product performance, manufacturing costs, and user experience[98]. - The company plans to expand its market share in offshore wind power converters and distributed photovoltaic systems to improve product competitiveness[97]. Shareholder Information - The total number of shareholders reached 19,907 by the end of the reporting period[183]. - The largest shareholder, Shenzhen Pingqi Technology Co., Ltd., held 8,701.94 million shares, representing 20.20% of total shares[184]. - The second-largest shareholder, Sheng Xiaojun, held 3,585.60 million shares, accounting for 8.32%[184]. - The top five customers accounted for 50.00% of total sales, with no sales to related parties[68]. - The total number of common shareholders as of the end of the reporting period was 18,021[184]. Corporate Governance - The company has outlined its commitment to fair and transparent transactions with related parties to avoid conflicts of interest[120]. - The company has a three-year shareholder return plan approved in 2018, covering the years 2018-2020[115]. - The company has committed to not engaging in competitive activities that could harm its business interests[120]. - The company will notify creditors and relevant authorities before implementing the repurchase plan, ensuring compliance with legal and regulatory requirements[124]. - The company will publicly announce any violations of commitments and will apologize to shareholders if such violations occur[126]. Asset Management - The company’s total assets amounted to ¥4,243,914,104.58, with equity attributable to shareholders at ¥2,473,791,692.37[61]. - The company’s inventory increased significantly to ¥729,922,848.31, a growth of 58.31% compared to the previous period, driven by high demand in the wind power sector[74]. - Long-term equity investments rose to ¥92,649,007.75, marking a 142.17% increase, primarily due to new investments in Hefei Hanyao New Energy Co., Ltd. and Nanjing Hewang New Energy Technology Co., Ltd.[74]. - The company reported a significant increase in other receivables, totaling ¥44,596,590.39, with a decrease of 37.68% compared to the previous period[74]. - The company has ongoing projects with a total investment of ¥31,219.64 million for Project A and ¥18,598.07 million for Project B, both located in Hunan[82]. Legal and Regulatory Matters - The company has ongoing significant litigation related to contract payment defaults, with cases filed against multiple subsidiaries[149]. - The company has not disclosed any significant subsequent litigation or arbitration matters[149]. - The company has not reported any integrity issues concerning its directors, supervisors, or senior management during the reporting period[150]. Environmental Compliance - The company did not face any penalties for environmental violations in 2019, adhering to various environmental protection laws[172]. - The company has complied with environmental regulations and has not disclosed any environmental information due to not being classified as a key pollutant discharge unit[173].

2020 年第一季度报告 1 / 18 公司代码：603063 公司简称：禾望电气 , FM 深圳市禾望电气股份有限公司 2020 年第一季度报告 lopewind 2020 年第一季度报告 | --- | --- | --- | --- | |-------|-------|----------------|-------| | | | | | | | | | | | | 目录 | | | | | | | | | 一、 | | 重要提示 . | | | iÍ | | 公司基本情况 . | | | 11Í | | 重要事项 . | | | 四、 | | 附录 . | | 2 / 18 2020 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人韩玉、主管会计工作负责人陈文锋及会计机构负责人（会计主管人员）张瑛保证 季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情 ...

1 / 27 2019 年第三季度报告 公司代码：603063 公司简称：禾望电气 深圳市禾望电气股份有限公司 2019 年第三季度报告 2019 年第三季度报告 | --- | --- | --- | |-------|---------------|-------| | | 目录 | | | | | | | 一、 | 重要提示 | | | 二、 | 公司基本情况. | | | 三、 | 重要事项 | | | 四、 | 附录 | | 2 / 27 单位：元 币种：人民币 3 / 27 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 公司负责人韩玉、主管会计工作负责人陈文锋及会计机构负责人（会计主管人员）张瑛保证 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 | --- | --- | --- | --- | |---------- ...

2019 年半年度报告 1 / 157 公司代码：603063 公司简称：禾望电气 深圳市禾望电气股份有限公司 2019 年半年度报告 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、 公司负责人韩玉、主管会计工作负责人陈文锋及会计机构负责人（会计主管人员）张瑛声明： 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 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 具体情况参见"第四节 经营情况的讨论与分析"之"二、其他披露事项"之"（二）、可能 面对的风险"。 十、 其他 □适用 √不适用 2 / 15 ...

Financial Performance - Operating revenue for the reporting period was ¥340,378,291.22, representing a significant increase of 173.39% year-on-year[18]. - Net profit attributable to shareholders was ¥31,668,427.15, up 54.33% from the same period last year[18]. - The net profit after deducting non-recurring gains and losses increased by 202.11% to ¥30,032,270.89[18]. - Basic earnings per share increased by 40.00% to ¥0.07[18]. - Operating profit for Q1 2019 was ¥31,549,022.22, compared to ¥22,093,361.66 in Q1 2018, indicating an increase of about 42.0%[40]. - The total comprehensive income for Q1 2019 was ¥33,042,311.25, compared to ¥20,518,259.59 in Q1 2018, indicating an increase of about 60.7%[41]. - The total profit for the quarter was CNY 30,810,631.03, a 33.4% increase from CNY 23,121,040.97 in Q1 2018[44]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,700,078,977.93, an increase of 1.06% compared to the end of the previous year[18]. - Total liabilities decreased to ¥1,167,626,127.47 from ¥1,204,615,507.25, a decrease of about 3.1%[35]. - Current liabilities decreased to ¥872,162,653.41 from ¥908,947,276.47, a reduction of approximately 4.2%[34]. - The company's equity attributable to shareholders increased to ¥2,452,557,699.83 from ¥2,378,228,180.67, reflecting a growth of approximately 3.1%[35]. - Total cash inflow from investment activities was $688,487.67, down from $9.99 million year-over-year[48]. - Total liabilities reached ¥1,204,615,507.25, with current liabilities at ¥679,189,982.03, indicating a strong liquidity position[57]. Cash Flow - The company reported a net cash flow from operating activities of -¥27,530,043.04, an improvement of 8.16% compared to the previous year[18]. - Net cash flow from investing activities was -¥314,683,913.22, primarily due to increased purchases of financial products[24]. - Net cash flow from financing activities increased by 3763.44% to ¥57,719,778.62, mainly from the receipt of restricted stock purchase funds[24]. - Cash flow from operating activities showed a net outflow of CNY -27,530,043.04, an improvement from CNY -29,977,234.42 in the previous year[45]. - The company recorded other income of ¥23,253,468.72 in Q1 2019, up from ¥11,808,598.68 in Q1 2018, representing a growth of approximately 96.5%[40]. Shareholder Information - The total number of shareholders at the end of the reporting period was 24,302[21]. - The largest shareholder, Shenzhen Pingqi Technology Co., Ltd., held 20.20% of the shares[21]. Expenses and Costs - Operating costs increased by 249.27% to ¥201,734,915.54, reflecting the rise in operating revenue[24]. - Management expenses increased by 290.75% to ¥38,148,523.13, primarily due to increased personnel costs and stock incentive expenses at Fuyou Energy[24]. - Research and development expenses for Q1 2019 amounted to ¥20,763,668.52, compared to ¥17,365,891.66 in Q1 2018, an increase of about 19.0%[40]. - Sales expenses increased to CNY 30,922,454.76, up 52.2% from CNY 20,344,744.71 in Q1 2018[44]. Inventory and Receivables - The company reported a significant increase in inventory to ¥183,364,358.59 from ¥178,850,668.63, a growth of approximately 2.8%[37]. - Other receivables increased by 72.94% to ¥123,758,796.54 due to an increase in loans to Fuyou[24]. - The company has a total of ¥1,180,753,988.20 in accounts receivable, indicating strong sales performance and customer demand[56].

Financial Performance - The company's operating revenue for 2018 was CNY 1,181,410,705.07, representing a 34.53% increase compared to CNY 878,145,238.83 in 2017[22]. - The net profit attributable to shareholders for 2018 was CNY 53,722,392.41, a decrease of 76.91% from CNY 232,662,840.71 in 2017[22]. - The basic earnings per share for 2018 was CNY 0.13, down 78.33% from CNY 0.60 in 2017[22]. - The total assets at the end of 2018 were CNY 3,661,363,680.46, an increase of 30.03% from CNY 2,815,728,443.84 at the end of 2017[22]. - The company reported a net cash flow from operating activities of CNY 46,245,633.96 in 2018, a decline of 46.48% compared to CNY 86,400,663.39 in 2017[22]. - The weighted average return on equity for 2018 was 2.26%, a decrease of 10.48 percentage points from 12.74% in 2017[22]. - The gross profit margin decreased by 13.37 percentage points to 43.99% compared to the previous year[66]. - The company's cash flow from operating activities decreased by 46.48% to ¥46,245,633.96[63]. - The company achieved total revenue of ¥1,181,410,705.07, representing a year-on-year growth of 34.53%[62]. - The company's net profit attributable to shareholders decreased by 76.91% to ¥53,722,392.41[62]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of 0.15 RMB per 10 shares, totaling 6,463,350 RMB for the 2018 fiscal year[6]. - The company has a three-year shareholder return plan (2018-2020) approved by the board, indicating a commitment to returning value to shareholders[115]. - In 2017, the company distributed a cash dividend of 1.4 RMB per 10 shares, totaling 58,800,000 RMB, representing 25.27% of the net profit attributable to ordinary shareholders[116]. - The company has not proposed a cash profit distribution plan for the reporting period despite positive profits available for distribution[116]. Research and Development - The company has a research and development team of 287 engineers and holds 263 patents, including 50 invention patents[54]. - Research and development expenses totaled ¥120,448,770.03, accounting for 10.20% of total revenue[75]. - The number of R&D personnel was 287, representing 34.25% of the total workforce[75]. - The company is enhancing its research and development capabilities by collaborating with universities and research institutions to strengthen its technological advantages in existing and new business areas[102]. - The company plans to invest 100 million yuan in R&D for innovative technologies over the next two years[186]. Market and Product Development - The company’s research and development focus includes power electronics technology and electrical drive technology, with key products such as wind power converters and photovoltaic inverters[28]. - The company plans to expand its product series through cross-platform development in various application processes[28]. - The company has launched new products in energy storage, rail transit power supply, passenger vehicle drive systems, and shore power systems ranging from 100kVA to 30,000kVA[29]. - The company is positioned to benefit from the increasing domestic market share of wind and solar energy technologies, as the industry is expected to see significant growth in the coming years[96]. - The company aims to enhance its competitive advantage in the wind power converter sector by optimizing product performance, manufacturing costs, and user experience, with a focus on increasing sales revenue in the wind power field[101]. Risk Management - The company anticipates risks related to policy changes in the renewable energy sector, which could impact market demand and profitability due to reliance on government incentives[110]. - The company faces potential risks of declining product prices and gross margins due to increased market competition and technological maturity, necessitating continuous optimization of product designs[110]. - Accounts receivable have been growing, leading to risks of bad debt losses and slower turnover rates, potentially impacting operational performance[111]. - The company faces risks of declining product margins due to rapid price decreases or inability to lower raw material costs, which could adversely affect profitability[111]. - Changes in tax incentive policies could significantly affect net profit, especially if the company loses its high-tech enterprise status or tax benefits[113]. Corporate Governance - The company reported a total of 193,576,143 shares held by the management at the end of the reporting period, with a net increase of 43,143 shares[180]. - The company has maintained a consistent leadership team with key positions held since October 2014, ensuring stability in management[180]. - The remuneration for directors and supervisors is determined by the shareholders' meeting, while senior management remuneration is decided by the board of directors[193]. - The company has a competitive and fair salary policy, with salaries based on position, responsibilities, and performance contributions[199]. Environmental Compliance - The company has not faced any penalties for environmental violations in 2018, adhering to multiple environmental protection laws[159]. - The company continues to comply with environmental regulations without any reported incidents[159]. Shareholder Structure - The total number of common stock shareholders at the end of the reporting period is 24,829, an increase from 24,302 at the end of the previous month[167]. - The largest shareholder, Shenzhen Pingqi Technology Co., Ltd., holds 87,019,400 shares, with 85,536,000 shares under lock-up conditions for 36 months[170]. - The company’s equity structure includes 15,201.60 million shares held by domestic non-state-owned entities, accounting for 36.19% of total shares[163]. Legal and Compliance - The company has engaged Tianjian Accounting Firm for auditing services with a fee of RMB 600,000 for the current year[139]. - The company confirmed that there were no significant accounting errors that required correction during the reporting period[139]. - The company has not reported any major acquisitions or market expansions during the reporting period[143].

2018 年第三季度报告 公司代码：603063 公司简称：禾望电气 深圳市禾望电气股份有限公司 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 | 6 | | 四、 | 附录 | 9 | 2018 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | | 上年度末 | 本报告期末比上年 度末增减(%) | | --- | --- | --- | --- | --- | | 总资产 | 2,821,337,280.75 | | 2,815,728,443.84 | 0.20 | | 归属于上市公司股东的 净资产 | 2,369,281,698.16 | | 2,384,703,617.28 | -0.65 | | | 年初至报告期末 | | 上年初至上年报告期末 | 比上年同期增减(%) | | | （1-9 | 月） | （1-9 月） | | | 经营活动产生的现金流 量净额 | -162,947,168.0 ...