2018 年第一季度报告 公司代码：603186 公司简称：华正新材 浙江华正新材料股份有限公司 2018 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 3 / 19 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 1,957,149,745.02 1,763,928,110.37 10.95 归属于上市公司 股东的净资产 629,191,013.32 617,290,766.87 1.93 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 -41,293,608.42 -13,093,796.71 不适用 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 369,016,627.00 387,739,041.25 -4.83 ...

Financial Performance - The company's operating revenue for 2017 was approximately CNY 1.51 billion, representing a year-over-year increase of 21.12% compared to CNY 1.25 billion in 2016[21]. - The net profit attributable to shareholders for 2017 was approximately CNY 93.60 million, reflecting a 10.38% increase from CNY 84.79 million in 2016[21]. - The cash flow generated from operating activities surged to approximately CNY 79.30 million, a significant increase of 1,312.43% compared to CNY 5.61 million in 2016[21]. - The total assets at the end of 2017 reached approximately CNY 1.76 billion, marking a 27.47% increase from CNY 1.38 billion at the end of 2016[22]. - The net assets attributable to shareholders increased by 13.66% to approximately CNY 617.29 million in 2017, up from CNY 543.10 million in 2016[22]. - Basic earnings per share for 2017 were CNY 0.72, down 17.24% from CNY 0.87 in 2016[23]. - The weighted average return on equity decreased to 16.18% in 2017, down 6.52 percentage points from 22.70% in 2016[23]. - The total revenue for the year reached CNY 1,491,649,580.31, an increase of 19.88% compared to the previous year[58]. - Domestic revenue was CNY 1,136,686,342.72, reflecting a year-on-year growth of 20.36%[58]. Dividend Policy - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, totaling up to 174,242,546.88 RMB from the distributable profits as of December 31, 2017[5]. - The cash dividend policy remains unchanged, with a distribution of 1.50 RMB per 10 shares, totaling 19,402,500 RMB for the 2016 fiscal year[122]. - The company reported a cash dividend payout ratio of 20.94% for 2017, reflecting a commitment to shareholder returns[124]. - The cash dividend amount for 2017 is calculated based on a total share capital of 130,670,000 shares[125]. Research and Development - The company is committed to enhancing its R&D capabilities and expanding its market presence in the new materials sector[33]. - R&D expenditure increased by 30.71% to CNY 59,898,183.26, reflecting the company's commitment to technological innovation and product development[55]. - The company has established a high-end R&D team with core technical personnel having over 10 years of industry experience, resulting in 41 invention patents and 64 utility model patents[41]. - The company has successfully developed and launched three high-speed materials (H175HF, H180HF, H185HF) and four fiberglass reinforced PTFE high-frequency boards (H5220, H5255, H5265, H5300) in 2017[50]. - The company is focusing on R&D in high-frequency, high-speed communication substrates, thermal conductive metal substrates, and lightweight thermoplastic materials to enhance product performance and competitiveness[107]. Market Expansion and Strategy - The company is actively expanding into the new energy vehicle market, collaborating with major manufacturers such as Geely and BYD through the development of thermoplastic honeycomb materials[50]. - The company is focusing on expanding its market presence through strategic acquisitions and partnerships[1]. - Market expansion plans include entering three new international markets by the end of 2018[186]. - The company is considering strategic acquisitions to enhance its market position, with a target of acquiring two companies within the next year[186]. - A new marketing strategy has been implemented, aiming to increase brand awareness by 25% in the next 12 months[186]. Operational Efficiency - The company has implemented a platform-based management model to enhance resource integration, improve efficiency, and reduce costs[49]. - The company has successfully completed the first phase of the Qingshan Lake high-frequency and high-speed project, enabling mass production of high-value-added copper clad laminates for the communication sector[49]. - The company has implemented a systematic design for its new smart factory, targeting Industry 4.0 standards to enhance operational efficiency[112]. - The company is investing in new technologies to improve operational efficiency and product quality[1]. Risk Management - The company has outlined potential risks in its operations, which are detailed in the report's section on operational discussion and analysis[7]. - The company faces risks from market fluctuations, competition, raw material price volatility, and exchange rate fluctuations, which could impact operational performance[114][115][116][117]. - The company emphasizes the importance of maintaining stable product performance and technological advancements to remain competitive in a changing market landscape[115]. Corporate Governance - The company has established a clear framework for investor relations to enhance transparency and communication with stakeholders[113]. - The company has committed to fulfilling its obligations regarding share repurchase and management during the lock-up period[127]. - The company will ensure that any related party transactions are conducted at market prices and documented legally[131]. - The company is focused on maintaining transparency and fairness in its financial dealings and governance practices[133]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 10,164, a decrease from 10,726 at the end of the previous month[169]. - The largest shareholder, Huali Group Co., Ltd., held 55,633,237 shares, representing 43.01% of the total shares[170]. - The second-largest shareholder, Qian Haiping, held 13,000,000 shares, representing 10.05% of the total shares, with 10,650,000 shares pledged[170]. - The company has a total of 55,633,237 shares available for trading starting from January 3, 2020, with a 36-month lock-up period[173]. Employee Information - The company employed a total of 1,346 staff, including 942 production personnel, 81 sales personnel, 170 technical personnel, 18 financial personnel, and 135 administrative personnel[198]. - The number of employees with a bachelor's degree or above is 188, while those with a college diploma is 186, and those with high school education or below is 972[199]. - The company has implemented a performance-oriented compensation policy based on job value and capability, aimed at attracting and retaining talent[200]. Financial Management - The company reported a total of 340 million RMB in bank wealth management products, with an outstanding balance of 80 million RMB[154]. - The company has invested 20 million RMB in a floating rate structured deposit with a yield of 3.9%, generating a return of approximately 194,465.76 RMB[155]. - The company has allocated 30 million RMB to a wealth management product with a yield of 4.0%, resulting in a return of about 111,780.82 RMB[156]. - The company has a total of 10 million RMB in a fixed income product with a yield of 4.15%, yielding a return of 108,013.70 RMB[155].

2017 年第三季度报告 公司代码：603186 公司简称：华正新材 浙江华正新材料股份有限公司 2017 年第三季度报告 1 / 21 | 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 | 2017 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人刘涛、主管会计工作负责人俞高及会计机构负责人（会计主管人员）李高彦保证 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 / 21 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 1,586,161,636.18 1,383,814,105.41 14.62 归属于上市公司 股东的净资产 5 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥736,292,072.47, representing a 43.42% increase compared to ¥513,388,756.98 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2017 was ¥51,814,589.61, up 23.97% from ¥41,797,438.98 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥48,445,665.44, a 22.69% increase from ¥39,484,895.62 in the same period last year[17]. - The operating costs increased by 45.96% to ¥585.93 million, primarily due to higher sales volumes of copper-clad laminates and thermoplastic honeycomb materials, as well as rising raw material costs[46]. - The company's revenue for the first half of 2017 reached ¥736.29 million, a 43.42% increase compared to ¥513.39 million in the same period last year[46]. - The company reported a net profit of CNY 11,363,630.00 from its subsidiary Hangzhou Liansheng Insulation Materials Co., Ltd., with total assets of CNY 279,287,655.53[54]. - The company’s subsidiary Hangzhou Huaju Composite Materials Co., Ltd. achieved a net profit of CNY 5,918,734.31 with total assets of CNY 117,425,675.85[54]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥1,427,820,015.02, a 3.18% increase from ¥1,383,814,105.41 at the end of the previous year[17]. - The net assets attributable to shareholders increased by 5.97% to ¥575,507,541.99 from ¥543,095,452.38 at the end of the previous year[17]. - The company's total liabilities were CNY 852,312,473.03, slightly up from CNY 840,718,653.03[106]. - The company's long-term borrowings increased significantly to CNY 57,920,000.00, a rise of 151.83% compared to CNY 23,000,000.00 previously[49]. - The company's short-term borrowings rose by 75.89% to ¥394 million, indicating an expansion in operational scale and increased borrowing[48]. Cash Flow - The net cash flow from operating activities was negative at -¥44,454,808.76, compared to a positive ¥46,423,973.43 in the same period last year[17]. - The total cash and cash equivalents at the end of the period stood at RMB 108,263,855.18, compared to RMB 63,042,707.24 at the end of the previous period[124]. - Cash inflow from financing activities was RMB 240,000,000.00, up from RMB 150,000,000.00 in the previous period, leading to a net cash flow of RMB 86,457,913.44[124]. - The company’s cash and cash equivalents were CNY 180,033,218.76, significantly up from CNY 309,822,506.50[105]. Research and Development - The company has a high-end R&D team with core technical personnel having over 10 years of industry experience, holding 36 invention patents and 67 utility model patents[31]. - The company’s R&D expenditure increased by 34.23% to ¥25.16 million, reflecting a commitment to enhancing product development and innovation[46]. Market Position and Strategy - The company has developed a range of products including halogen-free boards and aluminum-based copper-clad laminates, optimizing product structure and creating new profit growth points[31]. - The company has established stable supply relationships with numerous top 100 domestic printed circuit board enterprises, with products exported to markets including South Korea, Germany, and the United States[34]. - The company employs an order-based production model, ensuring flexibility and responsiveness to market demands[26]. - The company’s sales strategy combines direct sales, agency, and distribution, tailored to meet customer needs through various market research methods[27]. - The company operates in a competitive market for copper-clad laminates and resin-based composite materials, focusing on resource integration to adapt to market changes[32]. Shareholder and Governance - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of its stock listing[65]. - Major shareholders, including the actual controller, have committed to not transferring their shares for 12 months post-listing[69]. - The company has established a clear framework for managing share reductions and compliance with stock exchange rules[69]. - The company has a diverse shareholder base, including both natural persons and institutional investors[93]. Compliance and Legal Matters - The company has ongoing litigation related to a debt transfer contract dispute with Blue Angel (China) Co., Ltd. and Zhenjiang Tengzhi Copper Foil Co., Ltd.[78]. - The company has not reported any major litigation or arbitration matters during the reporting period[79]. - The company maintains a good integrity status, with no significant debts unpaid or commitments unfulfilled during the reporting period[79]. Accounting and Financial Reporting - There were no significant changes in accounting policies or estimates compared to the previous accounting period[85]. - The company will classify government subsidies related to daily activities as "other income," which will increase "other income" by RMB 2,294,651.66 and decrease "non-operating income" by the same amount[88]. - The financial statements are prepared in accordance with the accounting standards for enterprises, reflecting the company's financial position, operating results, and cash flows accurately[149]. Risks and Challenges - The company faces market volatility risks due to increasing product personalization demands and seasonal impacts, necessitating continuous product line improvements[56]. - The company is addressing raw material price volatility risks, particularly with rising copper foil prices affecting operations[58]. - The company’s overseas sales expose it to foreign exchange risks, which are being managed through cautious market expansion strategies[59].

| 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2017 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 公司负责人刘涛、主管会计工作负责人解汝波及会计机构负责人（会计主管人员）李高彦保 证季度报告中财务报表的真实、准确、完整。 2017 年第一季度报告 公司代码：603186 公司简称：华正新材 浙江华正新材料股份有限公司 2017 年第一季度报告 1 / 19 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 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | | | 3 / 19 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 1,429,890,467.75 1,383,814,105. ...

2016 年年度报告 公司代码：603186 公司简称：华正新材 浙江华正新材料股份有限公司 2016 年年度报告 √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 重要提示 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 公司2016年度利润分配预案：拟以截止2016年12月31日的总股本129,350,000.00股为基数， 向全体股东每10股派发现金股利1.50元（含税），合计派发现金股利19,402,500.00元，不以公积 金转增股本，不送红股，剩余未分配利润滚存至下一年度。 上述利润分配预案尚需公司2016年年度股东大会审议通过后方可实施。 六、 前瞻性陈述的风险声明 九、 重大风险提示 √适用 □不适用 1 / 172 一、 本公司董事会、监事会及董事、监事、高级管理人员保证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 ...