Financial Performance - Net profit attributable to shareholders was CNY -22,631,816.96, a decrease of 1,648.20% year-on-year[6] - Operating revenue dropped by 79.71% to CNY 34,328,556.78 compared to the same period last year[6] - Operating revenue decreased by 79.71% to ¥34,328,556.78 compared to ¥169,185,731.14 in the same period last year, primarily due to project delays caused by the pandemic[17] - Net profit for Q1 2020 was a loss of CNY 21,990,809.89, compared to a profit of CNY 3,614,368.76 in Q1 2019[31] - The net profit for Q1 2020 was a loss of ¥21,804,632.50, compared to a loss of ¥15,752,531.95 in Q1 2019, representing an increase in loss of 38.8%[33] - The total comprehensive income for Q1 2020 was a loss of ¥21,804,632.50, compared to a loss of ¥15,752,531.95 in Q1 2019[33] Assets and Liabilities - Total assets decreased by 5.59% to CNY 2,168,598,937.36 compared to the end of the previous year[6] - The company's total assets decreased to ¥2,168,598,937.36 from ¥2,296,992,061.36, indicating a reduction in overall financial strength[23] - The company's total assets decreased to CNY 1,923,766,580.37 from CNY 2,036,559,576.75, a decline of 5.5%[27] - Current liabilities totaled CNY 1,138,890,080.57, a decrease of 6.8% from CNY 1,222,429,444.53[27] - Current liabilities totaled ¥1,349,331,121.57, down from ¥1,448,173,880.55, showing a decrease in short-term financial obligations[24] - Total liabilities were reported at ¥1,551,718,684.26 in Q1 2020, consistent with the previous period[43] Cash Flow - The net cash flow from operating activities was CNY 29,899,454.30, a significant improvement from CNY -58,667,883.84 in the previous year[6] - Cash flow from operating activities improved significantly, reaching ¥29,899,454.30, a 150.96% increase from -¥58,667,883.84 in the previous year[18] - The cash flow from financing activities was negative at -¥58,078,968.36, a 239.26% decline from ¥41,705,490.96, primarily due to the repayment of long-term loans[18] - In Q1 2020, the net cash flow from operating activities was ¥26,956,469.73, a significant improvement from a net outflow of ¥38,346,070.34 in Q1 2019, representing a turnaround of approximately 170%[39] - Total cash inflow from financing activities in Q1 2020 was ¥243,190,559.00, compared to ¥83,726,800.00 in Q1 2019, indicating an increase of about 190%[40] Shareholder Information - The number of shareholders reached 31,878 at the end of the reporting period[12] - The largest shareholder, Beijing Hanjian Group Co., Ltd., holds 45.68% of the shares[12] Accounts and Inventory - Accounts receivable increased by 31.91% to CNY 40,624,123.90 compared to the beginning of the period[14] - Inventory increased to CNY 104,090,471.50, up 8.1% from CNY 96,117,098.00[26] - The company reported a significant increase in credit impairment losses of CNY 15,530,137.18 compared to CNY 8,606,387.13 in the previous year[31] - Accounts receivable stood at ¥870,547,353.82 in Q1 2020, indicating stable receivables management[42] - The company’s inventory was valued at ¥162,351,709.40 in Q1 2020, indicating effective inventory management strategies[42] Financial Ratios and Metrics - The weighted average return on equity decreased by 3.02 percentage points to -3.21%[6] - Financial expenses rose by 39.84% to ¥12,401,344.79, influenced by significant exchange rate fluctuations in Zambia[19] - The company incurred financial expenses of CNY 12,401,344.79, which is an increase from CNY 8,868,148.42 in Q1 2019[29] - The total equity decreased to CNY 697,396,567.34 from CNY 719,201,199.84, a decline of 3.0%[28] - The company reported a long-term receivable of $8 million and long-term equity investments of approximately $568.17 million[46] Future Outlook - The company is preparing to implement new revenue and leasing standards starting in 2020, which may impact future financial reporting[49]

Financial Performance - The company reported a loss in operating performance for 2019, leading to a proposal not to distribute profits or increase capital reserves for the year[5]. - The company's operating revenue for 2019 was ¥977,430,417.78, a decrease of 6.79% compared to ¥1,048,597,187.20 in 2018[22]. - The net profit attributable to shareholders was -¥67,018,369.75, representing a decline of 619.40% from a profit of ¥12,902,958.03 in the previous year[22]. - The basic earnings per share for 2019 was -¥0.2285, a decrease of 619.32% compared to ¥0.0440 in 2018[24]. - The weighted average return on equity was -8.88%, down 10.53 percentage points from 1.65% in 2018[24]. - The total assets at the end of 2019 were ¥2,296,992,061.36, a slight increase of 0.34% from ¥2,289,100,473.97 in 2018[22]. - The net assets attributable to shareholders decreased by 9.00% to ¥717,373,275.92 from ¥788,293,513.97 in 2018[22]. - The company reported a significant increase in cash flow due to enhanced debt collection efforts and prepayments received from projects in Inner Mongolia and Jilin[25]. - The company experienced a net loss in the traditional core business, which significantly impacted the overall financial performance for the year[24]. - The company anticipates a potential recovery in the PCCP industry in 2020, driven by increased government investment in water infrastructure projects[56]. Audit and Compliance - The company has received a standard unqualified audit report from Beijing Xinghua Accounting Firm[4]. - The company has not violated decision-making procedures for external guarantees[7]. - The company has no major litigation or arbitration matters during the reporting period[150]. - The company maintains a good integrity status, with no unfulfilled court judgments or significant overdue debts[150]. - The company has not made any changes to its accounting policies or estimates that would significantly impact its financial statements[148]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and strategies, highlighting potential risks from national policies and market competition[6]. - The company faces risks from rising raw material prices, which could adversely affect profit margins if costs exceed initial estimates made during the bidding process[64]. - The company is exposed to risks from raw material price fluctuations, particularly for steel, cement, and aggregates, which can affect production costs[130]. - The company faces significant risks related to the timing of major water conservancy project tenders and construction, which can lead to substantial fluctuations in revenue and profit[128]. - The company emphasizes the importance of crisis awareness and responsibility among its employees to support its reform initiatives and overcome challenges[126]. Market Position and Strategy - The company achieved a significant contract worth 658 million RMB for the Inner Mongolia water project, enhancing its position in the PCCP industry[36]. - The company has established a wholly-owned subsidiary in Zambia with a registered capital of 500,000 Kwacha (approximately 280,000 RMB) to expand into water and power sectors[36]. - The company’s core product, PCCP, is primarily used in large-scale water conservancy projects and municipal water supply systems, indicating a robust market demand[32]. - The company plans to leverage its environmental subsidiary, Qingqing Environmental Protection, to expand into other environmental sectors as opportunities arise[34]. - The company is preparing to enter the soil remediation sector as a future growth area, leveraging its existing technological capabilities[44]. Research and Development - The company has a total of 55 valid patents, including 2 invention patents and 53 utility model patents, with 11 new patents authorized in 2019[39]. - The company has participated in the compilation of national standards for concrete products, which was published in October 2019[100]. - The company plans to ensure the application of at least 10 new patents and complete one industry technology innovation award application in 2020[125]. - The company has maintained a research personnel ratio of 10.81% of total employees, with 102 R&D staff[95]. Environmental and Social Responsibility - The company has established a subsidiary in Inner Mongolia to support poverty alleviation efforts, with a project contract amounting to 658 million RMB, aimed at creating local employment and economic growth[160]. - The company implemented measures to reduce dust emissions, achieving a dust removal rate of over 95% through upgraded dust collection facilities[163]. - The company utilized natural gas as a clean energy source for its boilers, installing low-nitrogen burners to reduce pollutant emissions[164]. Corporate Governance - The company has a diverse board with members holding positions in various other organizations, enhancing its governance[185]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[194]. - The company has established a performance evaluation mechanism for senior management, linking their compensation to specific performance indicators[197]. - The company has not granted any stock incentives to directors and senior management during the reporting period[184]. Future Outlook - The company plans to focus on the construction and installation of public parking lots after the sale of the multi-story garage business[154]. - The company aims to recover approximately 1 billion yuan in outstanding accounts receivable through various methods, including arbitration and third-party collection agencies[123]. - The company is actively pursuing new orders, with an additional 470 million RMB in environmental projects currently being tracked[74]. - The company has over 1.8 billion RMB in current order reserves, with most of the PCCP orders expected to be released between 2020 and 2021[131].

Financial Performance - Net profit attributable to shareholders decreased by 82.13% to CNY 1,299,541.08 for the year-to-date period[6] - Operating revenue for the year-to-date period decreased by 0.92% to CNY 576,177,253.68 compared to the same period last year[6] - Basic earnings per share dropped by 82.26% to CNY 0.0044 for the year-to-date period[6] - The weighted average return on equity decreased by 0.77 percentage points to 0.16%[6] - The company reported a significant decrease in investment income, down 97.45% from CNY 19,567,030.23 to CNY 498,061.24[15] - Total operating revenue for Q3 2019 was ¥195,831,457.62, a decrease of 17.1% compared to ¥236,303,267.76 in Q3 2018[26] - Net profit for Q3 2019 was ¥1,576,255.91, a decline of 74.9% from ¥6,285,582.22 in Q3 2018[27] - Earnings per share for Q3 2019 was -¥0.0010, compared to ¥0.0116 in Q3 2018[29] - The company reported a total comprehensive income of ¥1,582,927.02 for Q3 2019, compared to ¥7,747,057.92 in Q3 2018[29] - The company reported a total loss of CNY 1.99 million in Q3 2019, compared to a loss of CNY 8.39 million in Q3 2018[31] - The company’s total comprehensive loss for the first three quarters of 2019 was CNY 17.94 million, compared to a loss of CNY 3.89 million in the same period of 2018[32] Assets and Liabilities - Total assets increased by 6.46% to CNY 2,436,980,983.03 compared to the end of the previous year[6] - The total current assets increased from CNY 1,290,485,747.37 to CNY 1,382,397,465.34[19] - Current liabilities rose to ¥1,295,619,825.18, compared to ¥1,119,547,006.36, reflecting an increase of about 15.7%[21] - Non-current liabilities decreased to ¥326,903,837.69 from ¥358,970,861.69, a decline of approximately 8.9%[21] - Total liabilities reached ¥1,622,523,662.87, up from ¥1,478,517,868.05, indicating a growth of around 9.7%[21] - Owner's equity totaled ¥814,457,320.16, slightly increasing from ¥810,582,605.92, showing a marginal growth of about 0.5%[21] - Cash and cash equivalents decreased to ¥119,030,728.40 from ¥130,683,665.34, a decline of approximately 10.6%[23] - Accounts receivable decreased by 43.63% from CNY 44,746,829.48 to CNY 25,224,747.32[12] - Inventory increased by 58.29% from CNY 189,478,879.28 to CNY 299,928,121.16[12] - Short-term loans increased by 44.89% from CNY 275,178,000.00 to CNY 398,700,000.00[12] - Accounts receivable increased to ¥582,831,636.92 from ¥507,648,142.63, representing a growth of about 14.8%[23] - Inventory surged to ¥207,033,685.62, compared to ¥112,319,239.05, reflecting a significant increase of approximately 84.4%[23] - Short-term borrowings rose to ¥398,700,000.00 from ¥275,178,000.00, an increase of about 44.8%[20] - Long-term borrowings decreased to ¥130,000,000.00 from ¥229,960,000.00, a decline of approximately 43.5%[21] Cash Flow - Net cash flow from operating activities improved by 67.27%, reaching CNY -44,464,183.03 for the year-to-date period[6] - Operating cash flow improved by 67.27% from CNY -135,835,140.01 to CNY -44,464,183.03[15] - Cash flow from operating activities for the first three quarters of 2019 was CNY 611.25 million, an increase of 44.6% from CNY 422.88 million in the same period of 2018[35] - Operating cash inflow for Q3 2019 was CNY 649,334,340.51, an increase from CNY 492,772,754.53 in Q3 2018, representing a growth of approximately 31.7%[36] - Net cash outflow from operating activities was CNY -44,464,183.03, improving from CNY -135,835,140.01 in the same quarter last year[36] - Total cash inflow from financing activities was CNY 485,454,713.90, compared to CNY 379,510,516.66 in Q3 2018, marking an increase of about 28%[37] - Net cash flow from financing activities was CNY 58,829,268.58, down from CNY 142,078,745.08 in Q3 2018[37] - Total cash inflow from investment activities was CNY 3,459,683.86, significantly lower than CNY 88,746,900.00 in Q3 2018[36] - Net cash outflow from investment activities was CNY -56,378,279.04, compared to CNY -106,247,897.08 in the same period last year[36] Shareholder Information - The total number of shareholders is 31,802[11] - The largest shareholder, Beijing Hanjian Group Co., Ltd., holds 140,297,200 shares, representing 47.82% of total shares[11] - The total number of shareholders at the end of the reporting period was not specified, but the report includes details on the top ten shareholders[10] Research and Development - Research and development expenses for Q3 2019 were ¥2,568,252.64, up from ¥784,026.13 in Q3 2018[26] - Research and development expenses for the first three quarters of 2019 were CNY 2.57 million, slightly up from CNY 2.43 million in the same period of 2018[30] Other Information - The company has not disclosed any new product developments or market expansion strategies in this report[6]

Financial Performance - The company reported a significant increase in revenue for the first half of 2019, with total revenue reaching RMB 500 million, representing a 20% year-over-year growth[20]. - Net profit for the first half of 2019 was RMB 100 million, an increase of 15% compared to the same period last year[20]. - Future outlook indicates a projected revenue growth of 25% for the second half of 2019, driven by new product launches and market expansion strategies[20]. - Basic earnings per share decreased by 59.09% to CNY 0.0054 compared to the same period last year[21]. - Net profit attributable to shareholders decreased by 59.06% to CNY 1,581,063.01, primarily due to a reduction in investment income[24]. - Net profit excluding non-recurring gains and losses increased by 115.60% to CNY 2,137,313.74, driven by increased profits from environmental engineering business[24]. - Operating cash flow increased by 81.74% to CNY -26,443,392.72, attributed to enhanced debt recovery efforts and increased cash receipts from sales[22]. - Total revenue for the period was CNY 380,345,796.06, representing a 10.17% increase year-on-year[24]. Market Expansion and User Base - The company has expanded its user base by 30%, now serving over 1 million customers across various sectors[20]. - Market expansion efforts include entering two new provinces, which are expected to contribute an additional RMB 30 million in revenue by the end of the year[20]. - The company plans to increase its production capacity by 15% in response to rising market demand[20]. - The company is focusing on expanding its market presence in Zambia, with ongoing negotiations for projects related to rural power grid upgrades and communication tower construction[48]. Research and Development - The company is investing RMB 50 million in R&D for new technologies aimed at enhancing product efficiency and sustainability[20]. - Research and development expenses were reported at ¥351,253, indicating ongoing investment in 16 active R&D projects aimed at enhancing core competitiveness[56]. - The company plans to focus on expanding its environmental protection market, leveraging its established reputation and market resources to undertake national key projects[47]. Governance and Financial Integrity - The company has no non-operational fund occupation by controlling shareholders or related parties, ensuring financial integrity[7]. - There are no violations of decision-making procedures regarding external guarantees, reflecting strong governance practices[7]. - The company maintains independence in assets, personnel, finance, business, and organization from its controlling shareholders[79]. Environmental Initiatives - The company has developed advanced technologies such as active focus desulfurization and denitrification, with the SCR process achieving nitrogen oxide emissions ≤ 40 mg/Nm³[43]. - The company has implemented measures to strengthen pollution prevention, including regular maintenance of equipment and monitoring of pollutant emissions[89]. - The company upgraded dust removal facilities to achieve a dust removal rate of over 95% during the concrete mixing process[90]. - The company installed low-nitrogen burners during boiler technology upgrades to reduce pollutant emissions, complying with local management requirements[90]. Subsidiaries and Acquisitions - The company acquired 100% equity of Qingqing Environmental Protection in June 2018, focusing on air pollution control, particularly in the steel industry, enhancing its competitive advantage in the green industry[30]. - A new subsidiary was established in Zambia with a registered capital of 500,000 Kwacha (approximately 280,000 RMB), focusing on concrete products with an annual production capacity of 30,000m for drainage pipes and 216,000m for concrete poles[34]. - The company has established wholly-owned subsidiaries in Anhui and Henan to capture local market share, with a total registered capital of 50 million RMB for Anhui Jianhuai Pipeline Engineering Co., Ltd. and 25 million RMB for Henan Zezhong Pipeline Engineering Co., Ltd.[59]. Risks and Challenges - The company faces risks related to bidding and contract execution uncertainties, particularly for its main product PCCP, which is critical for large-scale water projects[65]. - The timing of major water project tenders and construction can lead to substantial fluctuations in revenue and profitability, as these do not always align with the company's accounting periods[67]. - The company is exposed to risks from raw material price fluctuations, particularly for steel, cement, and aggregates, which can impact production costs[67]. - The investment in Zambia presents various risks, including market development challenges and foreign exchange risks due to the depreciation of the Zambian kwacha[71]. Financial Position and Assets - The total assets increased by 2.35% to CNY 2,342,901,961.75 compared to the end of the previous year[24]. - The company reported a total of CNY 34,700,882.59 in surplus reserves, unchanged from the previous period[111]. - The total liabilities reached CNY 1,526,155,224.93, compared to CNY 1,478,517,868.05 previously, indicating an increase of approximately 3.2%[111]. - The company reported a total of CNY 3,861,529.40 in changes during the current period[134]. Shareholder Information - The total number of common stock shareholders at the end of the reporting period was 33,039[100]. - The largest shareholder, Beijing Hanjian Group Co., Ltd., held 140,297,200 shares, representing 47.82% of total shares[101]. - The company did not report any changes in restricted shares during the reporting period[102]. Accounting Policies and Financial Reporting - The company's financial statements are prepared based on the going concern assumption, indicating sufficient financial resources to support operations[147]. - The accounting policies followed are in accordance with the Chinese Accounting Standards, ensuring the financial statements reflect a true and complete picture of the company's financial status[149]. - The company will account for business combinations under common control as a single transaction if they are part of a "package deal" and will determine the initial investment cost based on the net asset value of the acquired entity on the consolidation date[154].

2019 年第一季度报告 公司代码：603616 公司简称：韩建河山 北京韩建河山管业股份有限公司 2019 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 7 | 2019 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 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | | --- | --- | --- | --- | --- | | | | | 减(%) | | | 总资产 | 2,188,740,948.49 | 2,289,100,473.97 | | -4.38 | | 归属于上市公司 | 789,755,331.42 | 788,293,513.97 | | 0.19 | | 股东的净资产 | | | | | | | 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 | -58,667,883.84 | -90,780,578.04 | | 35.37 | | 现金流量净额 | ...

Financial Performance - The company's operating revenue for 2018 was CNY 1,048,597,187.20, representing a 40.31% increase compared to CNY 747,360,176.84 in 2017[20]. - The net profit attributable to shareholders was CNY 12,902,958.03, a significant recovery from a loss of CNY 59,301,605.09 in 2017[20]. - The net cash flow from operating activities increased to CNY 75,522,235.18, compared to a negative cash flow of CNY -78,614,641.07 in the previous year[20]. - The total assets grew by 22.76% to CNY 2,289,100,473.97 from CNY 1,864,624,787.92 in 2017[20]. - Basic earnings per share improved to CNY 0.0440 from a loss of CNY -0.2021 in 2017, marking a 121.77% increase[21]. - The weighted average return on equity increased to 1.65% from -7.28% in the previous year, reflecting an 8.93 percentage point improvement[22]. - The company reported a significant increase in government subsidies, contributing to net profit growth[22]. - The net profit attributable to shareholders for the fourth quarter was CNY 5,629,259.33, with total revenue for the quarter reaching CNY 467,055,839.69[25]. Dividend Distribution - The proposed profit distribution plan for 2018 is to distribute a cash dividend of 0.1320 RMB per 10 shares, totaling 3.8724 million RMB, which accounts for 30% of the net profit attributable to shareholders[5]. - The company does not plan to issue bonus shares or convert capital reserves into share capital for the 2018 fiscal year[5]. - The cash dividend distribution plan for 2018 requires approval from the shareholders' meeting[132]. - The company has established a clear dividend policy to provide stable returns to investors[129]. - The company did not distribute dividends for the year 2017 due to operating losses and financial pressures[131]. Acquisitions and Business Expansion - The company acquired 100% equity of Qingqing Environmental Protection in June 2018, contributing to revenue and profit growth[22]. - In June 2018, the company acquired 100% of Qingqing Environmental Protection for 32 million RMB, which generated a net profit of 41.56 million RMB in 2018, becoming a significant new profit source for the company[36]. - The company plans to continue expanding its market presence and enhancing product offerings following the acquisition[22]. - The company is diversifying its business by developing concrete additives and environmental protection services, which are expected to provide new profit growth points[109]. - The company has established wholly-owned subsidiaries in Henan and Anhui to capture market share and enhance profitability[101]. Market Position and Industry Overview - The company is a leading manufacturer of prestressed concrete pipes (PCCP) and has a strong market presence in the PCCP industry, particularly in large-diameter PCCP, maintaining a competitive edge in production capacity and market share[31]. - The company’s main products, including PCCP and reinforced concrete drainage pipes, are primarily used in large and medium-sized water diversion and municipal water supply projects[35]. - The company has a competitive edge in the PCCP industry, having participated in major water conservancy projects over the past 15 years, which enhances its bidding qualifications[42]. - The company has successfully produced the largest diameter PCCP (DN4000) in China, which has been utilized in significant projects like the South-to-North Water Diversion Project, establishing a strong brand reputation[43]. - The company is classified under the non-metallic mineral products industry, specifically in the manufacturing of asbestos cement products[34]. Environmental Protection and Sustainability - The company’s environmental protection business, focusing on air pollution control, is expected to become a strategic direction for future development, leveraging the growing demand for environmental solutions[36]. - The company has developed advanced technologies for air pollution control, achieving some of the lowest SO2 emission standards in the country, which enhances its market competitiveness[46]. - The company has implemented a comprehensive approach to energy conservation and environmental protection, including the elimination of 10 vehicles not meeting national standards[158]. - The company has engaged in targeted poverty alleviation efforts, collaborating with local governments on various initiatives[156]. - The company’s pollution prevention facilities are operating normally, ensuring compliance with environmental regulations[162]. Research and Development - Research and development expenses rose by 25.14% to CNY 26,967,102.98, indicating a focus on innovation and new technology[67]. - The total R&D investment amounted to 34,007,146.55, representing 3.24% of total operating revenue[78]. - The company holds 58 valid patents, including 1 invention patent and 57 utility model patents, showcasing its commitment to innovation[80]. - The introduction of RFID chip technology in PCCP pipes enhances quality control and data accuracy, significantly improving production efficiency[81]. - The company has increased its R&D personnel to 112, representing 10.53% of the total workforce, reflecting its focus on technological advancement[78]. Financial Position and Risks - The company has a strong financial position with only CNY 3,700,000 in loans, allowing for flexibility in funding project construction[64]. - The company is exposed to risks from fluctuations in raw material prices, which can affect production costs and overall profitability[125]. - The company has a high level of accounts receivable due to the long construction periods of water conservancy projects, which can delay cash flow[125]. - The acquisition of Conglomerate and Qingqing Environmental Protection has increased goodwill, which may pose a risk of impairment if future performance does not meet expectations[127]. - The company faces risks related to bidding and contract execution uncertainties, which could significantly impact future performance if major contracts are not secured[122]. Corporate Governance and Management - The company has established a sound governance structure, ensuring equal rights for all shareholders and compliance with relevant laws[194]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[195]. - The company has implemented a performance evaluation mechanism for senior management, linking their compensation to specific performance indicators[199]. - The company maintains independent operational capabilities, ensuring no interference from controlling shareholders in decision-making processes[194]. - The company has conducted internal control self-assessments and disclosed the results in its annual report[200].

2018 年第三季度报告 公司代码：603616 公司简称：韩建河山 北京韩建河山管业股份有限公司 2018 年第三季度报告 1 / 23 3 / 23 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 公司负责人田玉波、主管会计工作负责人魏良彬及会计机构负责人（会计主管人员）陈迎迎 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。 2018 年第三季度报告 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 10 | 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 2,355,455,337.14 1,864,624,787.92 26.32 ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 345,238,079.75, representing a 47.85% increase compared to CNY 233,503,034.52 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 3,861,529.40, a significant turnaround from a loss of CNY 28,734,070.34 in the previous year, marking a 113.44% improvement[18]. - Basic earnings per share increased to ¥0.0132 from a loss of ¥0.0979, representing a growth of 113.49%[19]. - Net profit rose by 113.44%, primarily due to increased profits from Huzhong Building Materials and gains from the transfer of equity investments[19]. - Operating revenue grew by 47.85%, driven by increased sales in Huzhong Building Materials and the company's concrete and drainage pipe businesses[19]. - The company reported a net profit excluding non-recurring gains and losses of CNY -13,697,873.33, an improvement of 51.18% from CNY -28,056,525.39 in the same period last year[18]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -144,812,510.77, worsening by 24.91% compared to CNY -115,937,366.29 in the same period last year[18]. - The total assets at the end of the reporting period were CNY 1,815,520,987.67, a decrease of 2.63% from CNY 1,864,624,787.92 at the end of the previous year[18]. - The company's cash and cash equivalents decreased significantly from CNY 221,964,755.62 to CNY 109,782,769.15, representing a decline of about 50.6%[96]. - The company's total liabilities decreased from CNY 1,075,787,464.99 to CNY 1,018,913,724.68, a reduction of about 5.3%[98]. - The total equity attributable to shareholders increased slightly from CNY 775,225,632.63 to CNY 779,087,162.03, showing a growth of approximately 0.5%[98]. Business Operations and Strategy - The company has seven production bases located in Beijing, Anhui, Henan, Shanxi, Liaoning, Hubei, and Jilin, enhancing its market presence[25][26]. - The company is positioned as a leading manufacturer in the PCCP industry, with a strong market share and brand recognition in the large-diameter PCCP sector[25]. - The company plans to continue expanding its market presence and product offerings, leveraging its existing capabilities and strategic acquisitions[27][29]. - The company is engaged in various business activities, including the production of prestressed concrete pipes and concrete admixtures, which are essential for infrastructure projects[25][28]. - The company has established a strong competitive position in the PCCP industry, with a focus on high-end large-scale water projects, despite facing challenges from industry-wide downturns and rising raw material costs[37]. Risks and Challenges - The company emphasizes the importance of risk awareness and has detailed potential major risks in the report, urging investors to exercise caution[5]. - The company faces risks related to bidding for contracts, as the main product PCCP is primarily acquired through competitive bidding, which may impact future performance if contracts are not secured[55]. - The company faces risks from the volatility of raw material prices, particularly steel, cement, and aggregates, which can affect production costs and overall financial performance[57]. - Future diversification into new business areas poses risks due to the company's lack of experience and management in these sectors, which may affect operational success[59]. - Changes in national water conservancy policies could significantly impact the company's production and operations, given the close relationship between government policies and the industry[56]. Environmental and Compliance - The company has implemented measures to reduce dust emissions, achieving a dust removal rate of over 95% through upgraded dust collection facilities[77]. - The company’s boiler uses natural gas as a clean energy source, and low-nitrogen burners have been installed to reduce pollutant emissions[77]. - The company has not reported any major environmental issues or violations during the reporting period[76]. - The company has maintained good integrity status, with no unfulfilled court judgments or significant overdue debts[68]. Shareholder and Capital Structure - A total of 146 million restricted shares were unlocked and became tradable on June 11, 2018, resulting in no change to the company's total share capital[82]. - The total number of shares after the change is 293.36 million, with 49.77% being restricted shares and 50.23% being unrestricted shares[81]. - The largest shareholder, Beijing Hanjian Group, holds 140,297,200 shares, with 87,400,000 shares pledged[87]. - The company has not proposed any profit distribution or capital reserve transfer plans for the reporting period, indicating a focus on reinvestment[61]. Research and Development - The company has obtained a total of 83 patent technologies, including 82 utility model patents and 1 invention patent, and is recognized as a high-tech enterprise at both the municipal and national levels[32]. - Research and development expenses increased by 281.03% to approximately CNY 11.58 million, reflecting the company's commitment to enhancing core competitiveness through technology[44]. Governance and Compliance - The board of directors and senior management have confirmed the accuracy and completeness of the financial report, taking legal responsibility for any misrepresentation[6]. - The company has not disclosed any significant changes in accounting policies or estimates during the reporting period[79]. - The accounting policies comply with the Chinese Accounting Standards, ensuring the financial reports reflect the company's financial status accurately[132].

Financial Performance - The company reported a loss in operating performance for 2017, leading to a proposal not to distribute profits or increase capital reserves for the year[5]. - The company's operating revenue for 2017 was approximately ¥747.36 million, representing a year-on-year increase of 7.35% compared to ¥696.16 million in 2016[23]. - The net profit attributable to shareholders was a loss of approximately ¥59.30 million, a decrease of 552.11% from a profit of ¥13.12 million in 2016[23]. - The basic earnings per share for 2017 was -¥0.2021, a decline of 552.13% compared to ¥0.0447 in 2016[24]. - The net cash flow from operating activities decreased by 153.52% to -¥78.61 million, down from ¥146.90 million in 2016[25]. - The company faced significant profit declines due to environmental policy impacts in the Beijing-Tianjin-Hebei region and rising steel prices affecting project costs[24]. - The company reported a net loss of approximately ¥34.83 million in the fourth quarter of 2017, following a net profit of ¥2.70 million in the third quarter[27]. - In 2017, the company reported a net loss of CNY 53.57 million, marking its first loss since establishment[44]. - The company's total revenue for 2017 was CNY 747.36 million, with a significant decline in PCCP project contracts, totaling CNY 2.2 billion compared to CNY 1.6 billion in 2016[50][45]. Audit and Compliance - The company has received a standard unqualified audit report from Beijing Xinghua Accounting Firm, ensuring the accuracy and completeness of the financial report[4]. - The company has appointed Beijing Xinghua Accounting Firm as its auditor, with key auditors being Chen Hong and Liu Zongfu[21]. - The audit report confirmed that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2017[159]. - The company has maintained compliance with all relevant laws and regulations, ensuring operational independence from its controlling shareholders[101]. - The company has not faced any penalties from securities regulatory authorities in the past three years[142]. Operational Challenges - The company faces significant operational and financial pressure in 2018, which may impact future performance[5]. - The company has outlined various industry and market risks in the report, emphasizing the uncertainty in future operational results and performance indicators[7]. - The company is exposed to risks from fluctuations in raw material prices, which can impact production costs and overall profitability[92]. - The company has a high level of accounts receivable due to the long construction periods of water conservancy projects, which can delay cash flow[93]. - The company faces risks related to the uncertainty of winning bids and the execution of contracts, which could adversely affect performance if major projects are delayed[90]. Investments and Acquisitions - The company acquired 70% equity of Hezhong Building Materials for 140 million RMB, resulting in an increase in goodwill by 121.6 million RMB[34]. - The acquisition of a 70% stake in Hezhong Building Materials resulted in a revenue of CNY 135.22 million for 2017, a year-on-year increase of 93.19%[47]. - The company has invested 23 million RMB in establishing an urban underground utility tunnel production base in Xinxiang City, Henan Province[35]. - The company has developed a new product, a three-dimensional parking garage, with an investment of 40 million RMB, covering over 20,000 square meters and providing approximately 1,200 parking spaces[35]. Research and Development - The company has obtained 83 patents, including 82 utility model patents and 1 invention patent, enhancing its technological capabilities[39]. - The total R&D investment amounted to CNY 30,589,044.35, representing 4.09% of the operating revenue[62]. - Research and development expenses increased by 28.91% to ¥30,589,044.35, reflecting the company's commitment to innovation[52]. - The company has developed a management information system for PCCP products, enhancing production tracking and quality control[49]. Market Position and Strategy - The company is recognized as a leading enterprise in the PCCP industry, particularly in the large-diameter PCCP sector, with a strong competitive edge in high-end large water projects[40]. - The company plans to continue expanding its market presence through strategic acquisitions and product development initiatives[53]. - The company is targeting the Northeast market for PCCP projects, with significant tenders expected in 2018, including the Inner Mongolia project[83]. - The company plans to enhance its concrete admixture business and expand into the environmental protection sector, leveraging its brand and market position[80]. Governance and Management - The company has established a comprehensive governance structure in compliance with relevant laws and regulations[148]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal regulations and the company's articles of association[149]. - The company has implemented a performance evaluation mechanism for senior management, linking their compensation to specific performance indicators aligned with annual business goals[154]. - The management team includes experienced professionals with extensive backgrounds in finance, engineering, and corporate governance, ensuring strong leadership[136]. Environmental Compliance - The company has implemented measures to reduce dust emissions, achieving a dust removal rate of over 95% through upgraded facilities[116]. - The company has conducted environmental impact assessments for its production lines, ensuring compliance with local regulations[115]. - The company has focused on pollution prevention, regularly maintaining equipment to ensure proper operation and compliance with emission standards[115]. - The company emphasizes the use of clean energy for its boiler operations, reducing sulfur dioxide and nitrogen oxide emissions[116]. Shareholder Information - The company has established a cash dividend policy to ensure stable returns for investors, aligning with regulatory requirements[96]. - The company plans to distribute a cash dividend of RMB 6,270,974.03, accounting for 30% of the net profit attributable to shareholders for the year 2015[97]. - The largest shareholder, Beijing Hanjian Group Co., Ltd., holds 140,297,200 shares, representing 47.82% of the total shares, with 89,600,000 shares pledged[124]. - The total number of ordinary shareholders at the end of the reporting period was 41,211, down from 49,442 in the previous month[122].

2018 年第一季度报告 公司代码：603616 公司简称：韩建河山 北京韩建河山管业股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 7 | 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 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 | 1,732,222,986.38 | 1,864,624,787.92 | -7.10 | | 归属于上市公司 | 777,610,229.95 | 775,225,632.63 | 0.31 | | 股东的净资产 | | | | | | 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 | -90,780,578.04 | -57,149,253.10 | -58.85 | | 现金流量净额 | | | | ...