Financial Performance - Operating revenue fell by 31.25% to CNY 211,489,155.83 year-on-year[5] - Net profit attributable to shareholders decreased by 29.49% to CNY 17,588,559.92 compared to the same period last year[5] - Basic and diluted earnings per share both decreased by 32.00% to CNY 0.17[5] - The company's operating revenue for Q1 2020 was RMB 211,489,155.83, a decrease of 31.25% compared to RMB 307,621,946.65 in Q1 2019[14] - Net profit for Q1 2020 was CNY 19,955,409.69, a decline of 33.6% compared to CNY 30,031,534.36 in Q1 2019[26] - Operating profit for Q1 2020 was CNY 20.84 million, down 28.14% from CNY 28.98 million in the same period last year[31] - Net profit for Q1 2020 was CNY 18.10 million, a decline of 30.12% compared to CNY 25.85 million in Q1 2019[32] - The total comprehensive income for Q1 2020 was CNY 18.10 million, a decrease of 30.12% from CNY 25.85 million in Q1 2019[32] Assets and Liabilities - Total assets decreased by 8.42% to CNY 1,565,045,565.90 compared to the end of the previous year[5] - The company's cash and cash equivalents decreased by RMB 68,612,707.53, representing a decline of 46.72% compared to the previous year[13] - The company's total liabilities decreased by RMB 140,500,000.00, a drop of 48.06% compared to the previous year[13] - Total assets as of March 31, 2020, were CNY 1,499,963,428.95, down from CNY 1,656,220,947.59 at the end of 2019[24] - Total liabilities decreased to CNY 290,298,372.07 from CNY 465,339,648.62 year-over-year[24] - Current liabilities decreased to CNY 336,395,880.30 from CNY 498,467,993.60, indicating improved liquidity[19] Cash Flow - Cash flow from operating activities improved by 36.70%, reaching -CNY 69,599,194.92[5] - The net cash flow from operating activities decreased by CNY 69,599,194.92, a reduction of 36.70% compared to the same period last year[16] - Investment activities generated a net cash flow of CNY 22,885,338.35, an increase of 225.36% year-over-year[16] - Financing activities produced a net cash flow of CNY 71,089,771.37, up 154.52% compared to the previous year[16] - The total cash inflow from investment activities was ¥148,237,039.35, while cash outflow was ¥125,351,701.00, resulting in a net cash flow of ¥22,885,338.35 for Q1 2020[35] - Cash inflow from financing activities amounted to ¥110,971,063.96, with cash outflow of ¥39,881,292.59, leading to a net cash flow of ¥71,089,771.37[38] Shareholder Information - The total number of shareholders reached 12,305 at the end of the reporting period[10] - The largest shareholder, Shanghai Huide Enterprise Group Co., Ltd., holds 35.62% of the shares[10] Revenue Recognition - The implementation of the new revenue recognition standards began on January 1, 2020, as mandated by the Ministry of Finance[42] - The company experienced a 100% reclassification of contract liabilities due to the implementation of new revenue recognition standards[14] - The company began implementing the new revenue recognition standards from January 1, 2020, as mandated by the Ministry of Finance[46] Other Financial Metrics - The weighted average return on equity decreased by 0.87 percentage points to 1.46%[5] - Government subsidies recognized during the period amounted to CNY 379,431.43[7] - Non-recurring gains and losses totaled CNY 134,888.87 for the reporting period[8] - The company reported a significant decrease in fair value changes of structured deposits, amounting to CNY -612,707.53, a decline of 171% year-over-year[15] - The company reported a credit impairment loss of CNY 3.42 million in Q1 2020, compared to a reversal of CNY 1.76 million in Q1 2019[31]

Financial Performance - The company's operating revenue for 2019 was CNY 1,439,978,422.27, a decrease of 9.58% compared to CNY 1,592,519,755.40 in 2018[20] - The net profit attributable to shareholders for 2019 was CNY 132,155,389.38, an increase of 14.47% from CNY 115,454,115.13 in 2018[20] - The net profit excluding non-recurring gains and losses was CNY 121,402,540.24, reflecting a 12.73% increase from CNY 107,693,081.77 in 2018[20] - The cash flow from operating activities was CNY 89,401,787.37, a slight decrease of 0.66% compared to CNY 89,992,834.92 in 2018[20] - The total assets at the end of 2019 were CNY 1,708,946,094.01, an increase of 4.56% from CNY 1,634,418,531.33 at the end of 2018[20] - The net assets attributable to shareholders increased to CNY 1,207,864,539.38, up 8.16% from CNY 1,116,769,908.00 in 2018[20] - Basic earnings per share decreased by 4.62% to CNY 1.24 in 2019 compared to CNY 1.30 in 2018[21] - The weighted average return on equity fell to 11.38% in 2019, down 3.21 percentage points from 14.59% in 2018[21] Dividend Policy - The company plans to distribute a cash dividend of CNY 3.72 per 10 shares, totaling CNY 39,680,000.12[5] - The company's cash dividend proposal for 2019 is to distribute a cash dividend of 3.72 RMB per 10 shares, totaling approximately 39.68 million RMB, which accounts for 30.03% of the net profit attributable to shareholders[132] - In 2019, the company distributed a cash dividend of 3.72 CNY per share, totaling approximately 39.68 million CNY, with a payout ratio of 30.03% of the net profit attributable to ordinary shareholders[134] - In 2018, the cash dividend was 3.50 CNY per share, amounting to around 37.33 million CNY, with a payout ratio of 32.34%[134] - The company did not propose a cash profit distribution plan for the reporting period despite having positive distributable profits for ordinary shareholders[135] Business Operations - The company’s main business remains focused on the research, production, and sales of polyurethane resin products, with no significant changes reported[32] - The company employs a direct sales model, emphasizing customized products and technical services to meet client needs[33] - The production model is based on a make-to-order approach, aligning production plans with sales orders to accommodate diverse client requirements[33] - The company added over 100 new customers in 2019, enhancing its market presence[46] - The company is focusing on developing high-tech, high-value-added products to enhance its competitive edge in the market[44] - The company is advancing a project with an annual production capacity of 180,000 tons of polyurethane resin, which is currently in the equipment installation and debugging phase[50] Research and Development - The company holds 26 valid authorized invention patents and has applied for 16 additional patents, reflecting its commitment to R&D[39] - The company applied for 6 invention patents and 1 utility model patent, with 1 invention patent granted in 2019[55] - The company has invested CNY 30.92 million in safety and environmental protection over the past three years, ensuring compliance with national standards[40] - The company is focusing on the development of new products and technologies, particularly in the polyurethane resin sector, which is experiencing stable market demand[80] - The new product, thermoplastic polyurethane elastomer (TPU), is gaining traction across various industries, indicating significant market expansion potential[80] - The company has successfully developed various new products, including solvent-free polyurethane for automotive interiors and TPU for outdoor clothing, which are now in stable mass production[84] Market Performance - The company reported a significant increase in export sales, with a revenue increase of 50.91% year-over-year from foreign sales[62] - The sales volume of leather polyurethane increased by 2.43% year-over-year, reaching 109,382.60 tons, while the production volume increased by 1.27%[63] - The gross margin for leather polyurethane was 23.60%, a decrease of 5.57% compared to the previous year[62] - The revenue from Jiangsu province was CNY 320,631,393.09, with a gross margin of 31.13%, showing a year-over-year increase of 14.32% in revenue[62] Financial Management - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7] - The company has not engaged in any capital reserve transfers to increase share capital[5] - The company has been recognized as a high-tech enterprise and will enjoy a reduced corporate income tax rate of 15% for three consecutive years[49] - The company plans to enhance market promotion efforts for newly developed products, including environmentally friendly polyurethane materials for various applications[48] - The company plans to enhance production capacity and profitability through fundraising projects, although there are risks associated with not achieving expected returns due to market uncertainties[124] Environmental Responsibility - The company has invested in environmental protection facilities and has passed the ISO 14001:2015 certification, but faces risks from increasing environmental compliance costs[122] - The company has a wastewater treatment capacity of 200 tons per day and operates a complete set of waste gas treatment facilities[176] - The company achieved a chemical oxygen demand (COD) discharge of 0.054 tons, which is below the annual limit of 0.13 tons[181] - The company reported a nitrogen discharge of 0.001789 tons, under the annual limit of 0.01 tons[181] - The company has established an ISO14001 environmental management system and has been certified[183] Corporate Governance - The company has established a comprehensive profit distribution decision-making process involving the board of directors and shareholders to ensure transparency and stakeholder engagement[131] - The company has undergone changes in accounting policies, particularly in the classification and measurement of financial assets, aligning with the new financial instrument standards issued by the Ministry of Finance[143] - The financial statements for 2019 will reflect adjustments in the format as per the new guidelines, including the separation of "receivables" into "notes receivable" and "accounts receivable"[146] - The company has not reported any instances of funds being occupied or overdue receivables during the reporting period[143] - The company has not encountered any non-standard audit opinions from its accounting firm during the reporting period[143] Strategic Planning - The company plans to optimize its product structure by developing functional, high-performance, and environmentally friendly polyurethane resins to meet market demands[111] - The company intends to expand its marketing network both domestically and internationally, targeting new customers and products to increase market coverage[115] - The company will pursue acquisitions to enhance product structure, expand sales scale, and strengthen core competitiveness[118] - The company aims to attract high-level talent and optimize its human resources to support its strategic goals[116]

Financial Performance - Operating revenue decreased by 15.87% to CNY 1,061,490,884.85 for the period from January to September[7] - Net profit attributable to shareholders increased by 7.68% to CNY 93,956,386.70 for the same period[7] - Basic and diluted earnings per share decreased by 13.64% to CNY 0.95[8] - The company reported a total profit of ¥41,232,852.16 for Q3 2019, an increase of 1.3% compared to ¥34,791,978.31 in Q3 2018[32] - Net profit for Q3 2019 reached CNY 34.64 million, an increase of 16.0% compared to CNY 29.74 million in Q3 2018[39] - Total operating revenue for Q3 2019 was ¥406,086,649.23, a decrease of 10.3% compared to ¥452,900,122.15 in Q3 2018[31] - Total operating costs for Q3 2019 were ¥364,791,198.65, down 13.1% from ¥419,978,625.33 in Q3 2018[31] - Total profit for the first three quarters of 2019 was CNY 108.94 million, an increase of 16.7% compared to CNY 93.42 million in the same period of 2018[37] Assets and Liabilities - Total assets increased by 2.60% to CNY 1,676,943,301.02 compared to the end of the previous year[7] - Total liabilities at the end of the reporting period amounted to 130,675,068.49 RMB, a 100% increase compared to the previous year[15] - Current assets totaled CNY 1,392,448,075.89 as of September 30, 2019, a decrease of 2.4% from CNY 1,433,742,889.01 on December 31, 2018[21] - Total liabilities decreased to CNY 498,447,659.28 from CNY 517,648,623.33, a reduction of 3.9%[23] - Total current liabilities reached ¥514,176,701.25, with total non-current liabilities at ¥3,471,922.08, resulting in total liabilities of ¥517,648,623.33[46] - The total liabilities to total assets ratio stands at approximately 31.7%, indicating a relatively low leverage level[46] Cash Flow - Cash flow from operating activities decreased by 47.86% to CNY 34,784,292.46 compared to the same period last year[7] - Cash inflow from operating activities for the first three quarters of 2019 was CNY 965.38 million, down 21.5% from CNY 1,230.34 million in the same period of 2018[40] - The net cash flow from operating activities for Q3 2019 was ¥34,784,292.46, a decrease of 47.9% compared to ¥66,710,005.08 in Q3 2018[41] - The company’s cash flow from financing activities showed a significant outflow of -80,649,666.79 RMB, a decrease of 118.77% compared to the previous year[18] - The cash inflow from financing activities was ¥242,940,004.57, a decrease from ¥780,954,618.96 in Q3 2018[43] Shareholder Information - The total number of shareholders reached 11,800 by the end of the reporting period[12] - The largest shareholder, Shanghai Huide Group Co., Ltd., holds 35.62% of the shares[12] - The total equity attributable to shareholders increased to CNY 1,178,495,641.74 from CNY 1,116,769,908.00, reflecting a rise of 5.5%[23] Investment and Expenses - The company received government subsidies amounting to CNY 2,130,529.25 during the reporting period[10] - Research and development expenses for Q3 2019 were ¥20,586,467.17, slightly down from ¥21,853,660.48 in Q3 2018[31] - The company reported a 100% increase in investment income, amounting to 3,198,462.33 RMB, attributed to the purchase of structured deposits[16] - The cash outflow for purchasing fixed assets and intangible assets was ¥88,637,033.37, compared to ¥48,291,032.56 in the previous year, indicating increased investment[41] Financial Ratios and Standards - The weighted average return on equity decreased by 5.85 percentage points to 8.84%[7] - The company is adhering to new financial instrument standards effective from January 1, 2019, which may affect financial reporting and compliance[47] - The company has adopted new financial instrument standards effective from January 1, 2019, aligning with regulatory requirements[51]

证券代码：603192 证券简称：汇得科技 公告编号：2019-028 上海汇得科技股份有限公司 关于参加上海辖区上市公司投资者集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，上海汇得科技股份有限公司（以下 简称"公司"）将参加由上海上市公司协会、上证所信息网络有限公司共同举办 的"2019 年上海辖区上市公司投资者集体接待日"活动，现将有关事项公告如 下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台，采取网络远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 上 证 路 演 中 心 " 网 站 （ http://roadshow.sseinfo.com ） 或 关 注 微 信 公 众 号 ： 上 证 路 演 中 心 （sse_roadshow），参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 26 日（星期四）下午 15:00 至 17:00。届时公司副总经理兼董事会秘书李兵 先生、副总经理兼财务总监顾伟夕先生将通过网 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥655,404,235.62, a decrease of 18.97% compared to ¥808,847,219.82 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2019 was ¥65,892,466.61, an increase of 11.58% from ¥59,054,128.36 in the previous year[19]. - The net cash flow from operating activities was -¥3,982,725.45, a decline of 149.17% compared to ¥8,100,485.19 in the same period last year[19]. - The total assets at the end of the reporting period were ¥1,583,864,945.24, a decrease of 3.09% from ¥1,634,418,531.33 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 2.45% to ¥1,144,121,042.11 from ¥1,116,769,908.00 at the end of the previous year[19]. - Basic earnings per share for the first half of 2019 were ¥0.62, down 16.22% from ¥0.74 in the same period last year[20]. - The weighted average return on net assets decreased by 4.91 percentage points to 5.77% from 10.68% in the previous year[20]. - The company reported a decrease in the cash flow from operating activities primarily due to a decline in raw material prices and a reduction in payables[21]. - The company reported a non-recurring profit of 6,460,716.17, with significant contributions from government subsidies amounting to 1,639,534.79 and a reversal of impairment provisions for receivables totaling 3,986,716.03[24]. - The company reported a total of ¥1,307,662.38 in other receivables, up from ¥1,061,997.60, an increase of approximately 23.14%[98]. Research and Development - The company has invested over 4% of its revenue in R&D for the past three years, holding 25 authorized invention patents and 12 pending applications, demonstrating a strong commitment to innovation[31]. - Research and development expenses in the first half of 2019 amounted to CNY 28.30 million, a decrease of 16.62% compared to the previous year, attributed to lower prices of raw materials[40]. - Research and development expenses for the first half of 2019 were CNY 28,296,301.54, a decrease of 16.7% from CNY 33,937,634.05 in the same period of 2018[107]. - The company has initiated new strategies for technological innovation and product enhancement to drive future growth[135]. Market and Sales Strategy - The main business of the company remains focused on the research, production, and sales of polyurethane resin products, including synthetic leather polyurethane, polyurethane elastomer raw materials, and polyester polyols[27]. - The company employs a direct sales model, emphasizing customized products and technical services to meet customer needs, with a sales network covering key downstream clients[27]. - The company has maintained a stable supply and demand in the polyurethane industry, with a decrease in average prices of leather polyurethane products compared to the previous year, while optimizing product structure towards more environmentally friendly options[29]. - The company added over 60 new quality customers in the first half of 2019, expanding its market presence through customized marketing strategies[35]. - The company plans to focus on market expansion and new product development in the upcoming quarters[106]. Financial Position and Assets - The total assets as of June 30, 2019, were CNY 1.58 billion, a decrease of 3.09% from the end of the previous year, while net assets increased by 2.45% to CNY 1.14 billion[35]. - The company's total assets amounted to CNY 1,548,080,760.85, a decrease of 3.7% from CNY 1,608,426,661.50 at the end of 2018[104]. - The total equity of the company was CNY 1,128,868,369.59, an increase of 2.4% from CNY 1,105,538,239.32 at the end of 2018[104]. - The total owner's equity at the end of the reporting period was 1,128,868,000 yuan, which includes 265,933,000 yuan in undistributed profits[138]. Environmental Compliance - The company has continuously upgraded its environmental protection facilities and invested significantly in environmental governance, achieving ISO 14001:2015 certification[52]. - The company has a wastewater treatment capacity of 200 tons per day and operates a complete set of waste gas treatment facilities[72]. - The company achieved a total wastewater discharge of 0.9 tons per year, which is below the regulatory limit of 2.7400 tons per year[70]. - The company has established a pollution source online monitoring system that operates normally, ensuring compliance with environmental standards[72]. - The company has received environmental impact assessment approvals for all existing construction projects, achieving a 100% compliance rate[73]. Shareholder and Corporate Governance - The annual shareholders' meeting held on May 15, 2019, had a total of 80,004,500 shares represented, accounting for 75.0042% of the total shares[56]. - No profit distribution or capital reserve increase plans were proposed for the half-year period[57]. - The company has committed to a 36-month lock-up period for shares post-IPO, during which no shares will be transferred or managed by others[59]. - The company will adjust the issuance price in case of dividend distributions or capital increases post-IPO[60]. - The company has appointed Lixin Certified Public Accountants as the auditing firm for the 2019 fiscal year, with fees to be negotiated based on industry standards[66]. Risks and Challenges - The company faces risks related to the economic conditions of downstream industries, particularly in the synthetic leather sector, which could impact demand for its polyurethane products[51]. - The company has faced challenges in export orders due to fluctuating trade relations, but domestic economic stability has supported its operations[29]. - The company faces risks related to increased environmental expenditures that may impact operational performance due to stricter national pollution control standards[52]. - Rapid expansion of assets and business scale post-fundraising may lead to increased management risks[52]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle, adhering to the relevant accounting standards[144]. - The company has established specific accounting policies and estimates based on its actual production and operational characteristics[146]. - The company includes all subsidiaries in its consolidated financial statements, reflecting the overall financial status and cash flows of the group[152]. - The company recognizes the share of losses from subsidiaries exceeding the minority shareholders' equity at the beginning of the period[153].

Financial Performance - Operating revenue declined by 17.13% to CNY 307,621,946.65 year-on-year[6] - Net profit attributable to shareholders increased by 5.75% to CNY 24,946,158.09 compared to the same period last year[6] - Basic earnings per share decreased by 16.67% to CNY 0.25[6] - Total operating revenue for Q1 2019 was CNY 307,621,946.65, a decrease of 17.2% compared to CNY 371,190,071.38 in Q1 2018[25] - Net profit for Q1 2019 reached CNY 26,323,691.60, an increase of 8.2% from CNY 24,334,823.60 in Q1 2018[26] - The total profit for Q1 2019 was CNY 28,929,925.71, an increase of 7.2% from CNY 26,977,288.78 in Q1 2018[29] Cash Flow - Cash flow from operating activities improved by 2.62% to CNY -109,949,761.36 compared to the previous year[6] - The net cash flow from investment activities was -¥18,255,625.30, a decrease of 63.81%, primarily due to increased construction investments[15] - The net cash flow from financing activities was ¥27,931,447.50, a decline of 49.24%, mainly due to an increase in short-term borrowings in the previous year[15] - Cash flow from operating activities showed a net outflow of CNY -109,949,761.36, slightly improved from CNY -112,903,032.45 in Q1 2018[30] - The company reported a cash outflow from investing activities of CNY -18,255,625.30, compared to CNY -11,144,579.08 in Q1 2018, indicating increased investment expenditures[31] Assets and Liabilities - Total assets decreased by 7.88% to CNY 1,505,672,139.15 compared to the end of the previous year[6] - Total current assets decreased to ¥1,293,060,814.64 as of March 31, 2019, down from ¥1,433,742,889.01 at the end of 2018, representing a decline of approximately 9.8%[18] - Total liabilities decreased to ¥363,437,596.22 from ¥517,648,623.33, a decrease of approximately 29.9%[19] - Total equity increased to CNY 1,130,529,068.04 in Q1 2019, compared to CNY 1,105,538,239.32 in Q1 2018[26] - Total liabilities as of Q1 2019 amounted to CNY 352,347,516.64, down from CNY 502,888,422.18 in the previous year[26] Shareholder Information - The total number of shareholders reached 14,080 at the end of the reporting period[11] - The largest shareholder, Shanghai Huide Enterprise Group Co., Ltd., holds 35.62% of the shares[11] Government Subsidies and Other Income - The company received government subsidies amounting to CNY 640,496.33 during the reporting period[8] - Non-recurring gains and losses totaled CNY 1,377,533.51, primarily from government subsidies and other income[8] - Other income increased by ¥333,061.88, a growth of 108.34%, mainly from government subsidies[15] Expenses - Management expenses increased by ¥3,847,521.39, a rise of 40.24%, mainly due to increased personnel costs for talent reserves[15] - Financial expenses decreased by ¥2,513,430.65, a drop of 160.82%, primarily due to interest income from idle raised funds[15] - Research and development expenses for Q1 2019 were CNY 13,176,626.78, a decrease of 11.2% from CNY 14,844,500.28 in Q1 2018[26] Market and Strategic Focus - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[27] - The company continues to monitor market conditions for potential strategic adjustments in the future[44] - There were no updates on mergers or acquisitions during the reporting period[44] - The company has not reported any significant new product developments or market expansions in this quarter[44] Financial Reporting Changes - The implementation of new financial instrument standards began on January 1, 2019, affecting the financial reporting practices of the company[43]

Financial Performance - The company's operating revenue for 2018 was RMB 1,592,519,755.40, representing an increase of 11.67% compared to RMB 1,426,122,040.87 in 2017[22] - The net profit attributable to shareholders of the listed company was RMB 115,454,115.13, a growth of 4.76% from RMB 110,203,187.27 in the previous year[22] - The net profit after deducting non-recurring gains and losses was RMB 107,693,081.77, which is an 18.44% increase from RMB 90,928,135.15 in 2017[22] - The total assets of the company at the end of 2018 reached RMB 1,634,418,531.33, a 46.12% increase from RMB 1,118,571,681.96 in 2017[22] - The net assets attributable to shareholders of the listed company increased by 113.08% to RMB 1,116,769,908.00 from RMB 524,103,838.57 in 2017[22] - The basic earnings per share for 2018 was RMB 1.30, a decrease of 5.80% compared to RMB 1.38 in 2017[23] - The weighted average return on net assets was 15.59%, down 7.25 percentage points from 22.84% in the previous year[23] - The cash flow from operating activities was RMB 89,992,834.92, a decrease of 22.81% from RMB 116,582,769.11 in 2017[22] - The total share capital at the end of 2018 was 106,666,667 shares, an increase of 33.33% from 80,000,000 shares in 2017[22] Revenue Breakdown - The company's operating revenue for Q1 2018 was approximately CNY 371.19 million, Q2 was CNY 437.66 million, Q3 was CNY 452.90 million, and Q4 was CNY 330.77 million[26] - The net profit attributable to shareholders for Q1 2018 was CNY 23.86 million, Q2 was CNY 35.20 million, Q3 was CNY 32.33 million, and Q4 was CNY 24.07 million[26] - The main business revenue reached RMB 1,480.90 million, growing by 9.11% year-on-year, with the average price of main products increasing by 7.86%[43] - In 2018, the company achieved a main business revenue of CNY 1,480.90 million, an increase of 9.11% year-on-year[48] Investment and Capital Structure - The company raised RMB 522.67 million through its initial public offering, with a net amount of RMB 478.91 million after deducting issuance costs[37] - The company invested a total of RMB 30.94 million in safety and environmental protection measures over the past three years[40] - The company aims to optimize product structure and enhance R&D capabilities through fundraising projects to solidify its industry position[102] - The company plans to achieve continuous growth in operating performance through product optimization, technological innovation, and market expansion[103] Research and Development - The company holds 28 authorized patents, all of which are invention patents, indicating a strong focus on R&D[39] - The total R&D expenditure was 66,595,286.04 CNY, accounting for 4.18% of operating revenue, with 127 R&D personnel, representing 24.95% of the total workforce[62] - The R&D strategy includes both forward-looking and market application research to align product development with market needs[35] - The company is focusing on developing specialty polyester polyols for use in elastomers and adhesives, addressing specific market needs[77] Environmental and Social Responsibility - The company has invested in environmental management systems and aims to comply with increasingly stringent environmental regulations[115] - The company contributed a total of RMB 1,327,834.28 to public welfare projects in 2018, focusing on community building and poverty alleviation in Shanghai Jinshan District and Fujian Fuding City[156] - The company is classified as a key pollutant discharge unit in Shanghai, with wastewater and air emissions monitored and reported[157] - The company has implemented a comprehensive waste management strategy, including the classification and proper disposal of solid waste through qualified third-party services[160] Shareholder and Governance - The company reported a net profit of RMB 115,454,115.13 for the year 2018, with a cash dividend distribution of RMB 37,333,333.45, representing 32.34% of the net profit attributable to ordinary shareholders[126] - The cash dividend policy stipulates that at least 20% of the distributable profit will be distributed in cash if certain conditions are met, including a positive audited net profit[122] - The company’s profit distribution policy emphasizes cash dividends as the primary method, with a minimum of 80% cash distribution for mature stages without major capital expenditures[122] - The company has committed to timely and sufficient disclosure of any share reduction plans, including a three-day notice prior to any planned reductions[134] Market Position and Strategy - The company aims to maintain a strong financial position while exploring new strategic initiatives for growth[182] - The company is positioned in the fine chemical industry, with a focus on polyurethane products, which are expected to see increased demand in various sectors[100] - The company is expanding its marketing strategy to include both domestic and international markets, aiming to increase its customer base and product reach[108] - The company plans to invest in technology innovation to improve production efficiency and reduce volatile organic compound emissions in the synthetic leather manufacturing process[105] Risks and Challenges - The company faces risks related to the economic conditions of downstream industries, which could impact the demand for its polyurethane products[113] - The company acknowledges the risk that its fundraising projects may not achieve the expected returns due to market uncertainties[117] - There is a risk associated with changes in tax incentive policies; if the company fails to pass the high-tech enterprise review, it will face a corporate income tax rate of 25%[119] - The cost of key raw materials (MDI, AA, and DMF) accounts for approximately 60% of the company's main business costs, making it vulnerable to price fluctuations[112]

2018 年第三季度报告 公司代码：603192 公司简称：汇得科技 上海汇得科技股份有限公司 2018 年第三季度报告 1 / 24 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 11 | 2018 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。 3 / 24 2018 年第三季度报告 √适用 □不适用 1.3 公司负责人钱建中、主管会计工作负责人顾伟夕及会计机构负责人（会计主管人员）张伟伟 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 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 ...