Financial Performance - Operating revenue for the reporting period was CNY 37,803,750.35, representing a decline of 18.20% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 3,712,720.34, down 55.53% from the same period last year[7] - Basic earnings per share decreased by 58.33% to CNY 0.05 compared to CNY 0.12 in the previous year[7] - The diluted earnings per share also decreased by 58.33% to CNY 0.05 from CNY 0.12 in the previous year[7] - Total operating revenue for Q1 2019 was CNY 37,803,750.35, a decrease of 18.5% compared to CNY 46,216,006.88 in Q1 2018[25] - Net profit for Q1 2019 was CNY 4,854,391.50, a decline of 61.8% from CNY 12,684,778.26 in Q1 2018[26] - Earnings per share for Q1 2019 was CNY 0.05, compared to CNY 0.12 in Q1 2018, indicating a 58.3% decrease[26] - Operating profit for Q1 2019 was CNY 5,681,325.81, down 43.4% from CNY 10,026,084.65 in Q1 2018[25] - The company reported a total profit of CNY 5,656,517.00 for Q1 2019, down from CNY 15,077,842.58 in Q1 2018[26] Assets and Liabilities - Total assets at the end of the reporting period were CNY 512,529,968.13, a decrease of 0.32% compared to the end of the previous year[7] - The company's current assets totaled ¥338,081,961.08, showing a marginal increase from ¥337,877,979.00 at the end of 2018[17] - Total liabilities decreased to ¥26,867,534.31 from ¥33,382,144.30, reflecting a reduction of approximately 19.5%[19] - Total liabilities as of Q1 2019 amounted to CNY 26,643,986.35, a decrease from CNY 33,158,596.64 in the previous year[25] - The company's equity increased to ¥485,662,433.82 from ¥480,808,042.32, marking an increase of about 1.8%[19] - Total equity increased to CNY 482,838,236.17 in Q1 2019 from CNY 477,850,902.71 in Q1 2018[25] Cash Flow - Cash flow from operating activities increased by 7.79% to CNY 11,001,874.60 compared to CNY 10,206,937.14 in the previous year[7] - In Q1 2019, the company reported a net cash flow from operating activities of CNY 11,001,874.60, an increase of 7.8% compared to CNY 10,206,937.14 in Q1 2018[32] - The company generated CNY 39,199,979.80 in cash from sales of goods and services in Q1 2019, a decrease of 3.9% from CNY 40,782,856.07 in Q1 2018[31] - The total cash outflow from investing activities was CNY 63,823,528.90 in Q1 2019, significantly higher than CNY 1,173,115.91 in Q1 2018, resulting in a net cash flow from investing activities of -CNY 2,439,219.31[32] - The net cash flow from financing activities was -CNY 6,084,905.66 in Q1 2019, indicating a reduction in financing activities compared to the previous year[33] Shareholder Information - The total number of shareholders at the end of the reporting period was 10,725[13] - The largest shareholder, Qijian Guo, holds 42.45% of the shares, totaling 45,000,000 shares[13] Other Financial Metrics - The weighted average return on equity decreased by 1.71 percentage points to 1.00%[7] - The company reported non-recurring gains of CNY 1,141,671.16 for the period[11] - Research and development expenses for Q1 2019 were CNY 2,215,069.25, slightly up from CNY 2,103,783.20 in Q1 2018[25] - Other income for Q1 2019 was CNY 22,329.87, significantly higher than CNY 3,000.00 in Q1 2018[25] - The cash outflow for employee compensation in Q1 2019 was CNY 11,925,339.16, slightly lower than CNY 11,941,376.02 in Q1 2018[32] - The company experienced a foreign exchange loss of CNY 196,788.03 in Q1 2019, compared to a loss of CNY 252,752.90 in Q1 2018[33] - The company has not indicated any significant changes in its future outlook or strategic initiatives during this reporting period[16]

Financial Performance - The company achieved a net profit of ¥30,208,084.51 in 2018, a decrease of 14.35% compared to ¥35,270,648.22 in 2017[5]. - Total revenue for 2018 was ¥174,312,410.84, down 7.02% from ¥187,470,775.48 in the previous year[21]. - Basic earnings per share decreased by 36.36% to ¥0.28 in 2018 from ¥0.44 in 2017[22]. - The gross profit margin decreased to 42.46%, nearly 4 percentage points lower than the previous year[45]. - The net profit attributable to shareholders was CNY 30,208,084.51, down 14.35% year-on-year[42]. - The company reported a significant reduction in short-term borrowings, with current liabilities totaling RMB 28,612,759.35, down from RMB 35,524,593.01, a decrease of approximately 19.5%[173]. - The total operating revenue for the year was CNY 174,312,410.84, a decrease of 6.16% from CNY 187,470,775.48 in the previous year[178]. - Net profit for the year was CNY 30,208,084.51, down 14.5% from CNY 35,270,648.22 in the previous year[179]. Cash Flow and Investments - The company's operating cash flow increased by 51.41% to ¥38,206,134.09 from ¥25,233,416.07 in 2017[21]. - In 2018, the company intensified efforts to collect accounts receivable, resulting in a 51.41% year-over-year increase in net cash flow from operating activities[23]. - The company reported a significant increase in investment cash flow, with a net outflow of CNY 95,276,521.11, up 1,326.29% year-on-year[56]. - Cash and cash equivalents decreased by 39.20% to ¥115,232,907.53, accounting for 22.41% of total assets[58]. - The company incurred asset impairment losses of ¥4,387,759.45, compared to ¥2,274,567.48 in the previous period[182]. - Cash outflow from investment activities totaled CNY 96,546,157.76, significantly higher than CNY 7,852,328.10 in 2017[190]. Assets and Liabilities - The company's total assets rose by 3.32% to ¥514,190,186.62 at the end of 2018, compared to ¥497,661,250.73 at the end of 2017[21]. - The net assets attributable to shareholders increased by 4.25% to ¥480,808,042.32 at the end of 2018 from ¥461,199,957.81 at the end of 2017[21]. - Total liabilities decreased to CNY 33,158,596.64 from CNY 36,302,184.51, a reduction of 8.4%[176]. - The equity attributable to shareholders increased to RMB 480,808,042.32 from RMB 461,199,957.81, reflecting a growth of about 4.3%[173]. Research and Development - Research and development expenses amounted to CNY 8,802,298.81, representing 5.05% of operating revenue[55]. - The company has developed a range of high-performance rubber sealing products, holding 8 invention patents and 13 utility model patents, positioning itself as a leader in technology within the domestic market[37]. - The company is enhancing its R&D capabilities by increasing investment and collaborating with research institutions to maintain a leading position in technology and product innovation[70]. Market and Industry Conditions - In 2018, the automotive industry faced a downturn, with vehicle production and sales declining by 4.16% and 2.76% year-on-year, respectively, impacting the entire supply chain[36]. - The competitive landscape in the automotive parts industry is characterized by a mix of multinational corporations, foreign enterprises, and domestic companies[66]. - The company anticipates continued healthy growth in the automotive industry driven by urbanization and consumption upgrades[62]. Shareholder and Dividend Policies - The company plans to distribute a cash dividend of ¥1.00 per 10 shares, based on a total share capital of 10,600,000 shares[5]. - The company has established a cash dividend policy, committing to distribute at least 20% of its distributable profits as dividends, with a cash dividend of 0.1 yuan per share for the 2017 fiscal year[78]. - The company has maintained a consistent dividend policy over the past three years, indicating a commitment to returning value to shareholders[81]. Corporate Governance and Compliance - The company has committed to not transferring or entrusting the management of shares held by major shareholders for a period of 36 months from the date of stock listing[83]. - The company emphasizes the importance of maintaining shareholder confidence through these lock-up agreements and restrictions[84]. - The company has implemented measures to prevent any potential conflicts of interest among its major shareholders and executives[87]. Social Responsibility and Community Engagement - The company continues to strengthen its social responsibility initiatives, focusing on community support and governance[110]. - The company actively participates in various social welfare activities, contributing to charitable causes and community support[113]. - The company is committed to sustainable development and actively promotes energy-saving initiatives[114]. Employee Relations and Development - The company emphasizes the protection of employee rights and provides comprehensive compensation and development plans[112]. - The company has established a comprehensive salary and benefits system, combining fixed salaries based on job responsibilities with performance-based variable compensation[145]. - A total of 59 training programs were planned for 2019, focusing on corporate culture, employee quality, vocational skills, safety production, and quality systems[146].

2018 年第三季度报告 公司代码：603655 公司简称：朗博科技 常州朗博密封科技股份有限公司 2018 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 | 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。 1.2 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 朱伟 | 独立董事 | 因公出差 | 路国平 | 1.3 公司负责人戚建国、主管会计工作负责人潘建华及会计机构负责人（会计主管人员）潘建华 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 ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 91,053,514.80, representing a 0.71% increase compared to CNY 90,414,903.09 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 19,781,733.26, an increase of 18.18% from CNY 16,738,116.69 year-on-year[18]. - The net cash flow from operating activities increased by 34.95% to CNY 14,573,231.56, compared to CNY 10,798,661.68 in the previous year[18]. - Basic earnings per share decreased by 9.52% to CNY 0.19 from CNY 0.21 in the same period last year[19]. - The weighted average return on net assets decreased by 1.53 percentage points to 4.20% from 5.73% year-on-year[19]. - The decline in net profit after deducting non-recurring gains and losses was primarily due to limited sales growth and a slight decrease in gross margin[20]. - The company reported a non-recurring profit of 5,293,267.50, with a significant government subsidy of 6,351,196.83 included in the total[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 506,027,840.32, a 1.68% increase from CNY 497,661,250.73 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased by 4.29% to CNY 480,981,691.07 from CNY 461,199,957.81 at the end of the previous year[18]. - Total liabilities decreased to CNY 25,046,149.25 from CNY 36,461,292.92, representing a reduction of about 31.4%[80]. - The company's cash and cash equivalents decreased to CNY 113,478,844.96 from CNY 189,513,546.26, indicating a decline of approximately 40%[78]. - Accounts receivable stood at CNY 76,909,339.60, accounting for 15.20% of total assets, a slight decrease of 2.99% from the previous period[41]. - Inventory increased by 13.40% to CNY 20,806,627.91, representing 4.11% of total assets[41]. Market and Industry - The automotive rubber parts industry accounts for over 50% of the rubber components market, with non-tire rubber products making up approximately 2% of the total vehicle cost[31]. - The market for automotive non-tire rubber products in China is estimated to be around CNY 63.634 billion, while the global market size reaches approximately CNY 214.648 billion[31]. - The company specializes in the R&D, production, and sales of rubber components, primarily for automotive air conditioning systems[26]. - Key products include O-rings, shaft seals, and hub assemblies, which are essential for sealing and reducing noise in automotive air conditioning systems[26]. Research and Development - R&D expenses for the period were CNY 4,296,034.76, showing a slight increase of 0.60% from the previous year[40]. - The company is actively investing in R&D for rubber components in rail transit and new energy vehicles, positioning itself for future growth opportunities[38]. - The company has developed over 1,000 rubber compound formulas suitable for various working environments, achieving import substitution in the automotive air conditioning rubber parts sector[34]. Shareholder and Management Policies - The company did not have any profit distribution plan or capital reserve transfer plan during the reporting period[5]. - The company has committed to not transferring or entrusting the management of its shares for 36 months following the stock listing[49]. - After the lock-up period, any share reduction must not be below the issue price, with specific adjustments for dividends and capital increases[49]. - The company will ensure compliance with the Shanghai Stock Exchange regulations regarding shareholder and management share transfers[51]. - The company has established a long-term commitment to maintain shareholding stability and prevent excessive share transfers[50]. Risks and Challenges - The company faces risks from fluctuations in the automotive industry, which could adversely affect sales and operating performance[45]. - Increased competition in the automotive parts sector poses a risk, particularly from foreign and joint venture companies with larger market shares[45]. - The product structure is heavily focused on automotive air conditioning systems, which may lead to significant performance volatility if market conditions change[46]. Compliance and Governance - The company has not reported any major litigation or arbitration matters during the reporting period[59]. - The company maintains a good integrity status, with no reported breaches of trust by the controlling shareholder or actual controller[59]. - The company has complied with environmental protection laws and has not been listed as a key pollutant discharge unit[62]. - There have been no changes in the company's accounting policies or estimates compared to the previous accounting period[64]. Financial Management - The company applies the equity method for accounting for joint ventures and recognizes financial instruments at fair value[120]. - The company assesses the impairment of financial assets at the balance sheet date and recognizes impairment losses if there is objective evidence of impairment[125]. - The company recognizes domestic sales revenue upon customer acceptance and confirmation of delivery[162]. - The company has a deferred tax asset for deductible temporary differences, limited to future taxable income likely to be obtained[165].

2018 年第一季度报告 公司代码：603655 公司简称：朗博科技 常州朗博密封科技股份有限公司 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 | 503,431,607.88 | 497,661,250.73 | | 1.16 | | 归属于上市公司 | 473,884,736.07 | 461,199,957.81 | | 2.75 | | 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 | 10,206,937.14 | 618,179.44 | | 1,551.13 | | 现金流 ...

Financial Performance - The company achieved a total revenue of ¥187,470,775.48 in 2017, representing a year-on-year increase of 19.91% compared to ¥156,339,837.01 in 2016[22]. - The net profit attributable to shareholders was ¥35,270,648.22, which is a 16.86% increase from ¥30,181,892.95 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥34,900,760.68, reflecting a growth of 17.03% from ¥29,822,411.72 in 2016[22]. - The net cash flow from operating activities reached ¥25,233,416.07, marking a significant increase of 29.83% compared to ¥19,436,388.37 in 2016[22]. - Basic earnings per share (EPS) for 2017 was ¥0.44, an increase of 15.79% compared to ¥0.38 in 2016[24]. - The gross profit margin decreased by 2 percentage points to 46.29%[49]. - The company reported a net profit attributable to shareholders of ¥10,329,841.74 in Q4 2017, with a total annual net profit of ¥35,270,628.20[26]. - The company reported a total profit of ¥41,899,402.67, up from ¥35,714,521.53, reflecting a growth of 17.66%[176]. Assets and Liabilities - By the end of 2017, the total assets of the company amounted to ¥497,661,250.73, a 55.96% increase from ¥319,094,932.88 at the end of 2016[22]. - The net assets attributable to shareholders increased to ¥461,199,957.81, which is a 61.85% rise from ¥284,959,258.68 in the previous year[22]. - Total liabilities increased to ¥36,461,292.92 from ¥34,135,674.20, a rise of approximately 7%[169]. - Cash and cash equivalents at the end of the period amounted to ¥189,513,546.26, representing 38.08% of total assets, a significant increase of 812.30% from ¥20,773,071.34 (6.51% of total assets) in the previous period[59]. Market and Industry Position - The company specializes in the R&D, production, and sales of rubber components, primarily for automotive air conditioning systems[32]. - The automotive rubber parts industry is experiencing rapid growth, with China's automotive production and sales ranking first globally for nine consecutive years as of 2017[36]. - The company has developed over 1,000 rubber compound formulas suitable for various working environments and technical requirements, achieving import substitution in the automotive air conditioning rubber parts sector[40]. - The company holds 13 invention patents and 13 utility model patents, demonstrating its strong R&D capabilities and leading position in the domestic market[39]. - The company has established long-term stable relationships with major clients such as Huayu Three Electric, Chongqing Construction, and Nanjing Aotejia, which enhances its market position and creates high entry barriers for new competitors[41]. Research and Development - Research and development expenses totaled ¥8,491,220.66, accounting for 4.53% of operating revenue[58]. - The company is actively investing in R&D for new products in the rail transportation and new energy vehicle sectors[45]. - The company plans to increase R&D investment and strengthen cooperation with research institutions to maintain a leading position in technology and product innovation[71]. Shareholder and Governance - The company plans to distribute a cash dividend of ¥1.00 per 10 shares based on a total share capital of 10,600,000 shares[7]. - The company reported a lock-up period of 36 months for shareholders, during which they cannot transfer or delegate management of their shares[85]. - The company emphasizes compliance with these commitments regardless of changes in position or employment status[86]. - The company has committed to ensuring that any expansion of its product and business scope does not lead to competition with its own operations[89]. - The company has established a policy to restrict the transfer of shares by its directors and senior management[89]. Risks and Challenges - The company has outlined potential risks in its future business development and financial status in the report[9]. - The automotive industry is cyclical, and fluctuations in macroeconomic conditions can significantly impact the company's sales and performance[75]. - The company faces risks from intensified market competition, with many small private enterprises struggling to gain market share against larger foreign and joint ventures[75]. - The company is at risk of declining gross margins due to fluctuations in product prices and raw material costs as it expands its business scale[76]. Cash Flow and Financing - The net cash flow from financing activities surged by 1036.90% to ¥150,491,825.57, up from -¥16,062,744.03 last year[59]. - The company raised a total of RMB 171,190,000.00 by issuing 26.5 million shares at a price of RMB 6.46 per share, with a net amount of RMB 143,770,050.91 after deducting issuance costs[38]. - The company plans to repurchase shares to stabilize stock prices, with a budget not less than 10% of the net profit attributable to shareholders from the previous fiscal year[91]. Compliance and Audit - The audit report issued by Lixin Certified Public Accountants confirmed the accuracy and completeness of the financial statements[6]. - The company has maintained a strict governance structure in compliance with relevant laws and regulations, ensuring the protection of all shareholders' rights[144]. - The financial statements for the year ended December 31, 2017, were audited and found to fairly reflect the company's financial position and operating results[155].