[Important Notice](index=3&type=section&id=Item%20I.%20Important%20Notice) This section confirms the board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, explicitly stating it is unaudited - The company's board of directors, supervisory board, directors, supervisors, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, free from false records, misleading statements, or major omissions, and assume individual and joint legal liabilities[6](index=6&type=chunk) - All company directors attended the board meeting to review the quarterly report[6](index=6&type=chunk) - This company's first-quarter report is unaudited[6](index=6&type=chunk) [Company Profile](index=3&type=section&id=Item%20II.%20Company%20Profile) This section outlines the company's key financial data for Q1 2021, including significant growth in assets, revenue, and profit, along with details on non-recurring gains and losses and shareholder holdings at period-end [Key Financial Data](index=3&type=section&id=2.1%20Key%20Financial%20Data) The company's key financial indicators for Q1 2021 showed strong performance, with significant growth in total assets, operating revenue, and net profit attributable to shareholders Overview of Key Financial Data for Q1 2021 | Indicator | End of Current Period / Year-to-Date (Yuan) | End of Prior Year / Prior Year-to-Date (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,153,165,970.47 | 2,630,385,682.45 | 19.87 | | Net Assets Attributable to Shareholders | 1,909,341,286.17 | 1,775,552,340.94 | 7.54 | | Net Cash Flow from Operating Activities | 6,228,199.63 | -11,404,643.36 | 154.61 | | Operating Revenue | 591,465,674.17 | 416,279,528.81 | 42.08 | | Net Profit Attributable to Shareholders | 72,703,845.01 | 44,291,577.85 | 64.15 | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | 66,658,660.29 | 36,891,281.27 | 80.69 | | Weighted Average Return on Net Assets (%) | 4.01 | 3.73 | Increase 0.28 percentage points | | Basic Earnings Per Share (Yuan/share) | 0.17 | 0.12 | 41.67 | | Diluted Earnings Per Share (Yuan/share) | 0.17 | 0.12 | 41.67 | [Non-Recurring Gains and Losses and Amounts](index=4&type=section&id=Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) Total non-recurring gains and losses for the period amounted to **6.05 million Yuan**, primarily comprising government subsidies and non-current asset disposal gains/losses Non-Recurring Gains and Losses for Q1 2021 | Item | Amount for Current Period (Yuan) | Explanation | | :--- | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | -4,784,077.74 | | | Government Subsidies Included in Current Profit/Loss | 10,098,645.21 | | | Fair Value Changes and Investment Income from Trading Financial Assets, Derivative Financial Assets, etc. | 1,143,095.18 | | | Other Non-Operating Income and Expenses Apart from the Above | 402,110.89 | | | Impact on Minority Interests (After Tax) | -1,474.81 | | | Income Tax Impact | -813,114.01 | | | **Total** | **6,045,184.72** | | [Total Number of Shareholders, Top Ten Shareholders, and Top Ten Non-Restricted Shareholders at Period-End](index=5&type=section&id=2.2%20Total%20Number%20of%20Shareholders%2C%20Top%20Ten%20Shareholders%2C%20and%20Top%20Ten%20Non-Restricted%20Shareholders%20at%20Period-End) As of the reporting period end, the company had **16,674 shareholders**, with Shanxi Linfen Huaxiang Industrial Co., Ltd. holding the largest stake at **62.17%** among the top ten, all of which are restricted shares - As of the reporting period end, the company had **16,674 shareholders**[8](index=8&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name (Full Name) | Number of Shares Held at Period-End | Proportion (%) | Number of Restricted Shares Held | Pledge or Freeze Status | Shareholder Nature | | :--- | :--- | :--- | :--- | :--- | :--- | | Shanxi Linfen Huaxiang Industrial Co., Ltd. | 271,135,074 | 62.17 | 271,135,074 | None | Domestic Non-State-Owned Legal Person | | Shanxi Provincial Communications Development Investment Group Co., Ltd. | 45,375,000 | 10.40 | 45,375,000 | None | State-Owned Legal Person | | Guangzhou Wanbao Changrui Investment Co., Ltd. | 17,424,000 | 4.00 | 17,424,000 | None | State-Owned Legal Person | | Deng Chunchen | 5,617,857 | 1.29 | 5,617,857 | None | Domestic Natural Person | | Linfen Huayue Capital Management Center (Limited Partnership) | 5,151,143 | 1.18 | 5,151,143 | None | Domestic Non-State-Owned Legal Person | | Linfen Zhuoxiang Capital Management Center (Limited Partnership) | 5,151,143 | 1.18 | 5,151,143 | None | Domestic Non-State-Owned Legal Person | | Shenzhen Gaoshengyuan Investment Enterprise (Limited Partnership) | 4,444,000 | 1.02 | 4,444,000 | None | Domestic Non-State-Owned Legal Person | | Sun Wenli | 4,321,428 | 0.99 | 4,321,428 | None | Domestic Natural Person | | Horgos Shengshiqinyue Equity Investment Partnership (Limited Partnership) | 1,742,400 | 0.40 | 1,742,400 | None | Domestic Non-State-Owned Legal Person | | Ningxia Shengshiborun Investment Partnership (Limited Partnership) | 1,452,000 | 0.33 | 1,452,000 | None | Domestic Non-State-Owned Legal Person | [Total Number of Preferred Shareholders, Top Ten Preferred Shareholders, and Top Ten Non-Restricted Preferred Shareholders at Period-End](index=6&type=section&id=2.3%20Total%20Number%20of%20Preferred%20Shareholders%2C%20Top%20Ten%20Preferred%20Shareholders%2C%20and%20Top%20Ten%20Non-Restricted%20Preferred%20Shareholders%20at%20Period-End) The company had no preferred shareholders at the end of the reporting period - The company has no preferred shareholders[9](index=9&type=chunk) [Significant Events](index=6&type=section&id=Item%20III.%20Significant%20Events) This section details significant changes and their reasons for key financial statement items and indicators, disclosing the completion of the equity incentive plan and progress on a subsidiary's equity acquisition [Significant Changes and Reasons for Key Financial Statement Items and Indicators](index=6&type=section&id=3.1%20Significant%20Changes%20and%20Reasons%20for%20Key%20Financial%20Statement%20Items%20and%20Indicators) Multiple items in the company's balance sheet, income statement, and cash flow statement underwent significant changes, primarily influenced by business volume growth, increased investment activities, financing structure adjustments, and new accounting standard implementation Significant Balance Sheet Item Changes and Reasons | Balance Sheet Item | Amount at End of Current Period (Yuan) | Amount at End of Prior Year (Yuan) | Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Prepayments | 20,552,391.85 | 10,488,895.48 | 95.94 | Increase in prepayments for materials | | Other Receivables | 7,015,303.95 | 3,370,294.99 | 108.15 | Increase in petty cash | | Cash and Cash Equivalents | 810,499,796.87 | 457,561,620.32 | 77.13 | Investment received by subsidiary | | Trading Financial Assets | 120,000,000.00 | 20,000,000.00 | 500.00 | Investment in structured wealth management deposits | | Short-term Borrowings | 36,534,134.52 | 7,042,670.83 | 418.75 | Increase in bank loans | | Other Payables | 6,488,375.04 | 9,718,056.94 | -33.23 | Decrease in payables for expenses | | Long-term Borrowings | 261,763,556.95 | 20,017,486.12 | 1,207.67 | Increase in bank loans | | Other Current Assets | 2,232,577.51 | 6,374,135.27 | -64.97 | Decrease in prepaid taxes | Significant Income Statement Item Changes and Reasons | Income Statement Item | Amount for Current Period (Yuan) | Amount for Same Period Last Year (Yuan) | Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 591,465,674.17 | 416,279,528.81 | 42.08 | Increase in sales volume | | Operating Cost | 452,844,332.37 | 318,849,189.31 | 42.02 | Increase in sales, reclassification of freight to cost | | Taxes and Surcharges | 1,747,744.78 | 2,632,496.83 | -33.61 | Decrease in urban construction tax | | Selling Expenses | 5,584,005.64 | 21,027,547.97 | -73.44 | Implementation of new revenue standard, reclassification of freight to cost | | Administrative Expenses | 20,864,680.13 | 13,889,046.90 | 50.22 | Company initiated lean training programs to improve production efficiency, leading to increased employee education expenses | | Research and Development Expenses | 23,823,304.04 | 16,599,978.06 | 43.51 | Increased R&D investment | | Financial Expenses | 3,335,135.83 | 795,709.43 | 319.14 | Increase in exchange gains/losses | | Investment Income | 1,143,095.18 | 453,052.96 | 152.31 | Increase in wealth management income | | Credit Impairment Losses | -4,057,646.78 | 328,088.14 | -1336.76 | Increase in accounts receivable, corresponding increase in risk provision | | Asset Impairment Losses | - | 192,939.88 | -100.00 | Provision for inventory impairment | | Gains/Losses on Asset Disposal | -4,784,077.74 | 248,033.19 | -2028.81 | Disposal of idle machinery and equipment | | Non-Operating Income | 402,142.05 | 47,912.14 | 739.33 | Increase in fine income | | Non-Operating Expenses | 31.16 | 810,543.33 | -99.99 | Q1 2020 increase due to COVID-19 donations | Significant Cash Flow Statement Item Changes and Reasons | Cash Flow Statement Item | Amount for Current Period (Yuan) | Amount for Same Period Last Year (Yuan) | Change (%) | Explanation | | :--- | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 6,228,199.64 | -11,404,643.36 | 154.61 | Increase in collections | | Net Cash Flow from Investing Activities | -177,363,866.07 | -21,697,487.80 | -717.44 | Increase in purchase of wealth management products | | Net Cash Flow from Financing Activities | 531,072,566.56 | 13,498,072.26 | 3834.43 | Investment received by subsidiary and equity incentive funds received | [Analysis of Progress, Impact, and Solutions for Significant Events](index=8&type=section&id=3.2%20Analysis%20of%20Progress%2C%20Impact%2C%20and%20Solutions%20for%20Significant%20Events) The company completed the initial grant of its 2021 restricted stock equity incentive, increasing total share capital, while a controlling subsidiary successfully acquired 100% equity in Jinyuan Industrial Co., Ltd., expanding its business scope - The company has completed the initial grant of its 2021 restricted stock equity incentive, increasing total share capital from **425 million shares** to **436.09 million shares**[16](index=16&type=chunk) - The company's controlling subsidiary, Huaxiang Group Yicheng New Material Technology Park Co., Ltd., has completed the acquisition of 100% equity in Jinyuan Industrial Co., Ltd., making Jinyuan Industrial its wholly-owned subsidiary[17](index=17&type=chunk) [Commitments Overdue and Not Yet Fulfilled During the Reporting Period](index=9&type=section&id=3.3%20Commitments%20Overdue%20and%20Not%20Yet%20Fulfilled%20During%20the%20Reporting%20Period) During the reporting period, the company had no overdue and unfulfilled commitments - The company has no overdue and unfulfilled commitments[18](index=18&type=chunk) [Warning and Explanation of Potential Cumulative Net Loss or Significant Change in Net Profit from Year-Beginning to End of Next Reporting Period Compared to Same Period Last Year](index=9&type=section&id=3.4%20Warning%20and%20Explanation%20of%20Potential%20Cumulative%20Net%20Loss%20or%20Significant%20Change%20in%20Net%20Profit%20from%20Year-Beginning%20to%20End%20of%20Next%20Reporting%20Period%20Compared%20to%20Same%20Period%20Last%20Year) The company has not forecasted a potential cumulative net loss or significant change in net profit from year-beginning to the end of the next reporting period compared to the same period last year - The company has not forecasted a potential cumulative net loss or significant change in net profit from year-beginning to the end of the next reporting period compared to the same period last year[18](index=18&type=chunk) [Appendix](index=10&type=section&id=Item%20IV.%20Appendix) The appendix includes the company's detailed Q1 2021 financial statements, comprising consolidated and parent company balance sheets, income statements, and cash flow statements, along with explanations of adjustments for the first-time adoption of new lease standards [Financial Statements](index=10&type=section&id=4.1%20Financial%20Statements) This section provides the company's unaudited consolidated and parent company financial statements for Q1 2021, comprehensively presenting the financial position, operating results, and cash flows at the end of the reporting period [Consolidated Balance Sheet](index=10&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2021, the company's consolidated total assets reached **3.15 billion Yuan**, a **19.87% increase** from year-end, with total liabilities of **1.04 billion Yuan** and total owners' equity of **2.12 billion Yuan** Key Consolidated Balance Sheet Data (March 31, 2021) | Indicator | March 31, 2021 (Yuan) | December 31, 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,153,165,970.47 | 2,630,385,682.45 | 19.87 | | Total Liabilities | 1,037,095,435.01 | 847,823,364.92 | 22.32 | | Total Owners' Equity Attributable to Parent Company | 1,909,341,286.17 | 1,775,552,340.94 | 7.54 | [Parent Company Balance Sheet](index=13&type=section&id=Parent%20Company%20Balance%20Sheet) As of March 31, 2021, the parent company's total assets were **3.03 billion Yuan**, an **11.83% increase** from year-end, with total liabilities of **1.09 billion Yuan** and total owners' equity of **1.94 billion Yuan** Key Parent Company Balance Sheet Data (March 31, 2021) | Indicator | March 31, 2021 (Yuan) | December 31, 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 3,032,660,725.57 | 2,712,012,828.78 | 11.83 | | Total Liabilities | 1,091,228,901.95 | 907,787,968.59 | 20.21 | | Total Owners' Equity | 1,941,431,823.62 | 1,804,224,860.19 | 7.61 | [Consolidated Income Statement](index=16&type=section&id=Consolidated%20Income%20Statement) In Q1 2021, the company's consolidated total operating revenue reached **591.47 million Yuan**, a **42.08% year-over-year increase**, with net profit attributable to parent company shareholders at **72.70 million Yuan**, up **64.15%** Key Consolidated Income Statement Data (Q1 2021) | Indicator | Q1 2021 (Yuan) | Q1 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 591,465,674.17 | 416,279,528.81 | 42.08 | | Operating Profit | 85,666,487.25 | 52,715,021.70 | 62.51 | | Net Profit | 72,525,695.81 | 44,168,200.79 | 64.21 | | Net Profit Attributable to Parent Company Shareholders | 72,703,845.01 | 44,291,577.85 | 64.15 | | Basic Earnings Per Share (Yuan/share) | 0.17 | 0.12 | 41.67 | [Parent Company Income Statement](index=18&type=section&id=Parent%20Company%20Income%20Statement) In Q1 2021, the parent company's operating revenue was **565.67 million Yuan**, a **35.72% year-over-year increase**, with net profit at **76.10 million Yuan**, up **65.21%** Key Parent Company Income Statement Data (Q1 2021) | Indicator | Q1 2021 (Yuan) | Q1 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Operating Revenue | 565,665,397.98 | 416,837,877.18 | 35.72 | | Operating Profit | 89,218,936.17 | 54,932,040.20 | 62.41 | | Net Profit | 76,098,363.53 | 46,065,323.80 | 65.21 | [Consolidated Cash Flow Statement](index=20&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2021, net cash flow from operating activities turned positive to **6.23 million Yuan**, investing cash outflows increased, and financing cash inflows surged to **531.07 million Yuan** Key Consolidated Cash Flow Statement Data (Q1 2021) | Indicator | Q1 2021 (Yuan) | Q1 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 6,228,199.63 | -11,404,643.36 | 154.61 | | Net Cash Flow from Investing Activities | -177,363,866.07 | -21,697,487.80 | -717.44 | | Net Cash Flow from Financing Activities | 531,072,566.56 | 13,498,072.26 | 3834.43 | | Net Increase in Cash and Cash Equivalents | 358,362,068.94 | -18,622,333.53 | 2024.09 | [Parent Company Cash Flow Statement](index=22&type=section&id=Parent%20Company%20Cash%20Flow%20Statement) In Q1 2021, the parent company's net cash flow from operating activities was **-1.66 million Yuan**, investing cash outflows significantly increased, and financing cash inflows reached **328.29 million Yuan** Key Parent Company Cash Flow Statement Data (Q1 2021) | Indicator | Q1 2021 (Yuan) | Q1 2020 (Yuan) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -1,663,174.83 | -12,132,381.64 | 86.27 | | Net Cash Flow from Investing Activities | -386,412,576.66 | -20,802,415.27 | -1757.52 | | Net Cash Flow from Financing Activities | 328,292,774.95 | 16,209,849.29 | 1925.37 | | Net Increase in Cash and Cash Equivalents | -61,412,328.61 | -15,798,097.45 | -288.73 | [First-Time Adoption of New Lease Standards from 2021: Adjustments to Financial Statements at the Beginning of the First Year of Implementation](index=24&type=section&id=4.2%20First-Time%20Adoption%20of%20New%20Lease%20Standards%20from%202021%3A%20Adjustments%20to%20Financial%20Statements%20at%20the%20Beginning%20of%20the%20First%20Year%20of%20Implementation) This section explains the company's adjustments to its opening financial statements upon first-time adoption of new lease standards from 2021, primarily impacting consolidated balance sheet items such as fixed assets, right-of-use assets, and lease liabilities [Consolidated Balance Sheet](index=24&type=section&id=Consolidated%20Balance%20Sheet) First-time adoption of new lease standards led to opening consolidated balance sheet adjustments, with fixed assets decreasing, right-of-use assets and lease liabilities increasing, and both total assets and total liabilities increasing by **2.18 million Yuan** Consolidated Balance Sheet Adjustments for First-Time Adoption of New Lease Standards (January 1, 2021) | Item | December 31, 2020 (Yuan) | January 1, 2021 (Yuan) | Adjustment Amount (Yuan) | | :--- | :--- | :--- | :--- | | Fixed Assets | 777,003,695.57 | 776,071,021.73 | -932,673.84 | | Right-of-Use Assets | - | 3,114,322.27 | 3,114,322.27 | | Non-Current Liabilities Due Within One Year | 290,877.95 | 1,710,385.98 | 1,419,508.03 | | Lease Liabilities | - | 1,235,395.18 | 1,235,395.18 | | Long-term Payables | 20,273,254.78 | 19,800,000.00 | -473,254.78 | | Total Non-Current Liabilities | 217,267,752.22 | 218,029,892.62 | 762,140.40 | | Total Assets | 2,630,385,682.45 | 2,632,567,330.88 | 2,181,648.43 | | Total Liabilities | 847,823,364.92 | 850,005,013.35 | 2,181,648.43 | [Parent Company Balance Sheet](index=27&type=section&id=Parent%20Company%20Balance%20Sheet) The parent company balance sheet was not adjusted upon first-time adoption of new lease standards - The parent company balance sheet was not adjusted upon first-time adoption of new lease standards[52](index=52&type=chunk) [Explanation of Retrospective Adjustment of Prior Period Comparative Data for First-Time Adoption of New Lease Standards from 2021](index=30&type=section&id=4.3%20Explanation%20of%20Retrospective%20Adjustment%20of%20Prior%20Period%20Comparative%20Data%20for%20First-Time%20Adoption%20of%20New%20Lease%20Standards%20from%202021) The company did not retrospectively adjust prior period comparative data to reflect the impact of first-time adoption of new lease standards - The company did not retrospectively adjust prior period comparative data[53](index=53&type=chunk) [Audit Report](index=30&type=section&id=4.4%20Audit%20Report) This quarterly report is unaudited and therefore does not include an audit report - This quarterly report is unaudited and does not include an audit report[53](index=53&type=chunk)

公司代码：603112 公司简称：华翔股份 山西华翔集团股份有限公司 2020 年年度报告 1 / 234 重要提示 三、天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人王春翔、主管会计工作负责人廖洲及会计机构负责人（会计主管人员）王燕声明： 保证年度报告中财务报告的真实、准确、完整。 五、经董事会审议的报告期利润分配预案或公积金转增股本预案 经公司第二届董事会第七次会议审议通过，公司拟以总股本436,090,490股为基数，向全体股 东以现金方式进行利润分配，每10股派发现金红利1.70元（含税），共计派发现金股利总额为 74,135,383.30元（含税）。本利润分配预案尚需提交公司2020年年度股东大会审议。 2020年度公司不进行公积金转增股本。 本报告涉及的发展战略、经营计划等前瞻性陈述受市场状况变化等多方面因素影响，并不构 成公司对投资者的实质承诺，提请广大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 六、前瞻性陈述的风险声明 √适用 □不适用 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 ...

2020 年第三季度报告 公司代码：603112 公司简称：华翔股份 山西华翔集团股份有限公司 2020 年第三季度报告正文 1 / 7 2020 年第三季度报告 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | | 年初至报告期末金额 | 说明 | | --- | --- | --- | --- | --- | | | （7－9 月） | | （1-9 月） | | | 非流动资产处置损益 | | | 248,033.19 | | | 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 | | 34,179,308.87 | 50,230,592.46 | | | 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 | | | | | | 计入当期损益的对非 | | | | | | 金融企业收 ...

2020 年第三季度报告 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。 公司代码：603112 公司简称：华翔股份 山西华翔集团股份有限公司 2020 年第三季度报告 1 / 28 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 9 | 2020 年第三季度报告 一、 重要提示 1.3 公司负责人王春翔、主管会计工作负责人张敏及会计机构负责人（会计主管人员）廖洲保证 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 3 / 28 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 2,528,941,012.00 2,259,030,367.56 11.95 归属于上市公司 股东的净资产 1, ...