Financial Performance - The company's operating revenue for 2018 was CNY 598,534,286.07, representing a 46.75% increase compared to CNY 407,846,074.54 in 2017[22]. - The net profit attributable to shareholders for 2018 was CNY 74,181,456.30, a 37.35% increase from CNY 54,007,892.60 in 2017[22]. - The net profit after deducting non-recurring gains and losses was CNY 72,159,553.33, up 41.55% from CNY 50,977,014.03 in 2017[22]. - The net cash flow from operating activities reached CNY 35,026,394.34, a significant increase of 713.76% compared to CNY 4,304,241.11 in 2017[22]. - The total assets at the end of 2018 were CNY 850,014,437.66, reflecting a 48.19% increase from CNY 573,595,932.84 at the end of 2017[22]. - The net assets attributable to shareholders increased to CNY 530,330,928.57, a 13.42% rise from CNY 467,578,430.47 in 2017[22]. - The company's basic earnings per share increased by 37.50% to CNY 0.55 in 2018 compared to CNY 0.40 in 2017[23]. - Operating revenue for 2018 rose by 46.75% year-on-year, driven by expanded production capacity, significant domestic market development, and increased product sales prices[23]. - The weighted average return on equity improved to 14.99% in 2018, up from 12.17% in 2017, reflecting a 2.82 percentage point increase[23]. - The net profit attributable to shareholders for the fourth quarter was CNY 8,592,390.35, with a total annual net profit of CNY 94,178,456.50[25]. Investments and Acquisitions - The company acquired a downstream zirconium sponge production enterprise, enhancing its product offerings and risk resilience[32]. - The company acquired Liaoning Huazircon, which specializes in sponge zircon production, enhancing its market position and expected to become one of the largest industrial-grade sponge zircon producers in Asia[49]. - The company is actively expanding its market presence and improving supply chain stability by establishing a wholly-owned subsidiary in Ningxia, which is closer to raw material sources[49]. - The company plans to optimize its production and R&D by establishing production bases closer to raw material sources and industry clusters[32]. Research and Development - The company's R&D expenses amounted to CNY 17.80 million, representing a 29.95% increase from the previous year[54]. - The company has developed proprietary technologies, including "one-step melting zirconia particle technology" and "energy-saving single-furnace melting stable zirconia," achieving international advanced levels in process indicators[39]. - The company is focusing on technological innovation and energy-saving measures to enhance product competitiveness and ensure steady growth in performance[50]. - Research and development expenses for 2018 were ¥17.80 million, a 29.5% increase from ¥13.70 million in 2017[194]. Market Position and Strategy - The company is positioned to benefit from the rapid development opportunities in the industrial new materials sector, supported by national policies[33]. - The company aims to enhance its market share in high-end markets by accelerating advanced production capacity construction and integrating upstream and downstream operations[79]. - The company has established a leading position in the electric melting zirconia industry, with significant technological and quality advantages[84]. - The company is focused on developing high-value-added new materials and expanding its market presence through strategic acquisitions and product innovation[80]. Environmental and Social Responsibility - The company is committed to environmental protection and has implemented clean production practices, gaining customer trust and contributing to revenue growth[47]. - The company’s commitment to green operations has resulted in a dust recovery rate exceeding 99%, showcasing its dedication to environmental responsibility[41]. - The company has implemented a targeted poverty alleviation plan, focusing on industrial development, education, and social assistance to ensure the achievement of poverty alleviation goals[117]. - In 2018, the company invested a total of 204.37 million RMB in poverty alleviation efforts, with 113.15 million RMB allocated to improving educational resources in impoverished areas[121]. Corporate Governance - The audit report issued by Zhongshen Zhonghuan CPA was a standard unqualified opinion, ensuring the accuracy of the financial report[5]. - The company emphasizes the importance of risk awareness regarding future plans and development strategies[7]. - The company has established a robust mechanism for independent directors to provide objective opinions on profit distribution[87]. - The company adheres to information disclosure standards, ensuring transparency and fairness in communication with shareholders[163]. Shareholder Information - The company plans to distribute a cash dividend of CNY 1.5 per 10 shares and to increase capital by 4 shares for every 10 shares held[6]. - The total cash dividend for 2018 amounts to 20,356,350 RMB, which represents 27.44% of the net profit attributable to shareholders[88]. - The company’s cash dividend payout ratio has been consistently below 30% due to its focus on industry growth and shareholder value[88]. - The company will notify investors three trading days in advance before any share reduction plan is implemented[94]. Financial Management - The company reported a net cash flow from financing activities of 39,354,011.32, a 362.68% increase from -14,981,808.23 in the prior year[67]. - The company has a total of 115,000,000.00 RMB in entrusted financial management, with various bank wealth management products yielding annualized returns between 4.20% and 5.20%[113][115]. - The company successfully recovered all entrusted financial management amounts, with actual returns reported for each product[115][116]. - The company reported a total guarantee amount of 30,787,799.04 RMB, which accounts for 5.30% of the company's net assets[111]. Employee Information - The company has a total of 638 employees, with 393 in the parent company and 245 in major subsidiaries[158]. - The workforce consists of 358 production personnel, 36 sales personnel, 71 technical personnel, 18 financial personnel, 79 administrative personnel, and 76 auxiliary personnel[158]. - The educational background of employees includes 4 with master's degrees or above, 78 with bachelor's degrees, 131 with associate degrees, and 425 with education below associate degree[158]. - The company has established a competitive compensation system based on job position, skill level, work intensity, and performance[159].

2018 年年度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2018 年年度报告 1 / 172 2018 年年度报告 重要提示 三、 中审众环会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人夏鹏、主管会计工作负责人范顺琴及会计机构负责人（会计主管人员）夏云惠声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 拟以权益分派实施的股权登记日的总股本为基数，向全体股东每10股派发现金股利1.5元（含 税），以资本公积转增股本方式向全体股东每10股转增4股,剩余未分配利润结转下一年度，此外 不进行其他形式分配。本预案尚需提交公司股东大会审议。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述了围绕公司经营可能存在的主要风险，敬请查阅第 ...

2018 年第三季度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2018 年第三季度报告 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1 / 22 | 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 | 10 | 2018 年第三季度报告 一、 重要提示 1.3 公司负责人夏鹏、主管会计工作负责人范顺琴及会计机构负责人（会计主管人员）夏云惠保 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 | 润 | | | | | | --- | --- | --- | --- | --- | | 加权平均净资产 | 13.05 | 9.32 | 增加 3.73 | 个百分点 | | 收益率（%） | | | | | | 基本每股收益 | ...

2018 年半年度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2018 年半年度报告 1 / 125 2018 年半年度报告 重要提示 三、 本半年度报告未经审计。 四、 公司负责人夏鹏、主管会计工作负责人范顺琴及会计机构负责人（会计主管人员）夏云惠声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述了围绕公司经营可能存在的主要风险，敬请查阅第四节经营情况 讨论与分析中可能面对的风险部分的内容。 本报告期，公司不进行利润分配，也不进行公积金转增股本 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 十、 其他 □适用 √不适用 2 / 125 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大 ...

2018 年第一季度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 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 5 | | 四、 | 附录 8 | 2018 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人夏鹏、主管会计工作负责人范顺琴及会计机构负责人（会计主管人员）夏云惠保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 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 | 617,789,065.75 | 573,595,932.84 | ...

Financial Performance - The company's operating revenue for 2017 was CNY 407.85 million, an increase of 46.88% compared to CNY 277.67 million in 2016[22] - The net profit attributable to shareholders for 2017 was CNY 54.01 million, representing a 37.31% increase from CNY 39.33 million in 2016[22] - The net profit after deducting non-recurring gains and losses was CNY 50.98 million, up 41.39% from CNY 36.05 million in 2016[22] - The company's total assets increased by 18.04% to CNY 573.60 million at the end of 2017, compared to CNY 485.95 million at the end of 2016[22] - The net assets attributable to shareholders rose by 9.78% to CNY 467.58 million at the end of 2017, up from CNY 425.93 million at the end of 2016[22] - The basic earnings per share for 2017 was CNY 0.40, a 17.65% increase from CNY 0.34 in 2016[23] - The weighted average return on equity for 2017 was 12.17%, slightly down from 12.30% in 2016[23] - The company achieved operating revenue of CNY 40,784.61 million during the reporting period, reflecting a positive operational trend[44] - The company achieved a total revenue of RMB 407.85 million, representing a year-on-year increase of 46.88%[49] - Net profit attributable to shareholders reached RMB 54.01 million, up 37.31% compared to the previous year[49] - The company's operating profit was RMB 65.47 million, which is a 49.4% increase year-on-year[49] - The gross profit margin decreased by 3.74 percentage points to 28.77% compared to the previous year[54] - The production volume of electric fused zirconia increased by 19.78%, while sales volume rose by 22.24%[55] - The production of casting modified materials increased by 25.51%, with sales volume rising by 27.81%[55] - The company reported a 42.63% decrease in financial expenses, attributed to increased foreign exchange losses from sales and procurement activities[61] - The company's net profit for 2017 reached CNY 56,322,680.02, representing a growth of 62% from CNY 34,838,780.58 in the prior year[200] Revenue and Sales - The significant increase in revenue was attributed to expanded production capacity, aggressive domestic market development, and higher product sales prices[24] - The sales revenue from zirconia products reached RMB 235.58 million, marking a 38.24% increase from the prior period[46] - The sales revenue from casting modification materials hit RMB 100.58 million, reflecting a growth of 36.23% year-on-year[46] - The northern market generated ¥144,284,280.47 in revenue, reflecting an 80.08% increase year-over-year[54] - Total operating revenue for 2017 reached CNY 407,846,074.54, an increase of 47% compared to CNY 277,670,389.85 in the previous year[197] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY 4.30 million, a decrease of 81.79% compared to CNY 23.64 million in 2016[22] - Cash flow from operating activities decreased by 81.79% to ¥4,304,241.11 due to increased inventory for production[62] - Cash and cash equivalents decreased by 34.92% to ¥49,048,337.93, reflecting ongoing construction projects[64] - Cash and cash equivalents at the end of 2017 were CNY 49.05 million, a decrease from CNY 75.36 million at the beginning of the year[189] - The company incurred a financial expense of CNY -625,529.44, an improvement from CNY -990,496.14 in the previous year[200] Assets and Liabilities - Accounts receivable increased to CNY 56.92 million from CNY 51.47 million at the beginning of the year[189] - Inventory at the end of 2017 was CNY 109.27 million, up from CNY 68.79 million at the beginning of the year[189] - Total current assets at the end of 2017 were CNY 348.75 million, a decrease from CNY 373.40 million at the beginning of the year[189] - Total liabilities increased to CNY 106,017,502.37 from CNY 60,017,839.65, indicating a rise in financial obligations[191] - The company's equity attributable to shareholders rose to CNY 467,578,430.47 from CNY 425,933,032.20, showing a strengthening balance sheet[191] Research and Development - The company has strengthened its product research and development, leading to improved product quality and market expansion, resulting in increased sales prices in line with rising zircon sand prices[34] - Research and development expenses amounted to RMB 136.97 million, an increase of 32.96% compared to the previous year[51] - The company has over 50 patents and has participated in drafting or revising industry and national standards, showcasing its strong R&D capabilities[39] Market Position and Strategy - The new materials industry, where the company operates, is recognized as a strategic emerging industry in China, benefiting from national policies and increasing demand for high-quality zirconia products[33] - The company is positioned to benefit from the rapid development opportunities in the industrial new materials sector, supported by national policies[67] - The company aims to leverage its advantages in the zircon industry chain to develop new high-value-added products, including stable electric melting zirconia and special zirconia[76] - The company emphasizes a "quality first" strategy, aiming to enhance product competitiveness and market share through innovation and customer-centric approaches[75] Corporate Governance and Compliance - The company has maintained a stable management team for over 20 years, contributing to its sustainable development[42] - The company has established a clear plan for the use of undistributed profits, although specific details were not disclosed in the report[86] - The company has committed to not engaging in any business activities that directly or indirectly compete with its subsidiaries, ensuring no conflicts of interest arise[95] - The company has undergone a change in its auditing firm, appointing Zhongshun Zhonghuan Accounting Firm for the 2017 audit, with an audit fee of 360,000 RMB[102] - The company has adhered to new accounting policies as per the Ministry of Finance's guidelines, impacting the reporting of government grants and non-current assets[98] Shareholder Information - The company plans to distribute a cash dividend of CNY 1.5 per 10 shares to all shareholders, pending approval at the shareholders' meeting[5] - In 2017, the total cash dividend amounted to approximately 54 million RMB, representing 37.69% of the net profit attributable to ordinary shareholders[85] - The company has a history of consistent dividend payments over the past three years, with a gradual increase in the cash dividend per share[85] - The total number of common stock shareholders at the end of the reporting period was 16,571, an increase from 16,457 at the end of the previous month[132] Social Responsibility - The company invested a total of 124.35 million RMB in poverty alleviation efforts in 2017[125] - The company provided 0.8 million RMB to support 4 impoverished students and invested 11.55 million RMB to improve educational resources in poor areas[125] - A total of 70.5 million RMB was contributed to a poverty alleviation public welfare fund[125] - The company plans to continue its poverty alleviation efforts in 2018, focusing on industrial development, education, and social support[126]

2017 年第三季度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2017 年第三季度报告 1 / 20 | 目录 | | --- | 二、 公司基本情况 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2017 年第三季度报告 一、 重要提示 2.1 主要财务数据 3 / 20 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 540,071,938.45 485,950,871.85 11.14 归属于上市公司股 东的净资产 454,938,026.14 425,933,032.20 6.81 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现 金流量净额 2,548,335.88 7,954,603.39 -67.96 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减（%） 营业收入 302,327,627.61 ...

2017 年半年度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2017 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人夏鹏、主管会计工作负责人范顺琴及会计机构负责人（会计主管人员）夏云惠声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 本报告期，公司不进行利润分配，也不进行公积金转增股本 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述了围绕公司经营可能存在的主要风险，敬请查阅第四节经营情况 讨论与分析中可能面对的风险部分的内容。 1 / 113 ...

三祥新材股份有限公司 2017 年第一季度报告 公司代码：603663 公司简称：三祥新材 三祥新材股份有限公司 2017 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 | 5 | | 四、 | 附录 | 8 | 三祥新材股份有限公司 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | | | 3 / 18 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 492,259,820.69 485,950,871.85 1.3 归属于上市公司 股东的净资产 436,619,137.02 425,933,032.20 2.51 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 -15,989,305.21 560,565.86 -2,952.35 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 ...

Financial Performance - The company achieved operating revenue of CNY 277,670,389.85 in 2016, a slight increase of 0.14% compared to CNY 277,271,952.43 in 2015[20] - Net profit attributable to shareholders reached CNY 39,331,572.24, representing an 18.84% increase from CNY 33,096,372.21 in the previous year[20] - The net profit after deducting non-recurring gains and losses was CNY 36,052,943.24, up 16.95% from CNY 30,828,714.02 in 2015[20] - Basic earnings per share for 2016 increased by 3.03% to CNY 0.34 compared to CNY 0.33 in 2015[22] - The company's total revenue for the reporting period was RMB 272,788,670.71, representing a year-on-year decrease of 1.60%[50] - The gross profit margin for the new materials sector was 30.96%, which increased by 3.43 percentage points compared to the previous year[50] - The cost of goods sold decreased by 5.09% to RMB 188.63 million, contributing to improved profit margins[47] - The company reported a total profit of CNY 47,596,170.60 for 2016, compared to CNY 39,712,756.54 in 2015, which is an increase of approximately 19.0%[153] Assets and Liabilities - The company's total assets increased by 62.59% to CNY 485,950,871.85 at the end of 2016, compared to CNY 298,879,055.04 at the end of 2015[21] - The net assets attributable to shareholders rose by 78.29% to CNY 425,933,032.20, up from CNY 238,894,559.11 in 2015[21] - The company's asset-liability ratio decreased from 19.46% at the end of 2015 to 12.10% at the end of 2016 due to the successful issuance of 33.55 million shares, raising a total of RMB 17.71 million[103] - Total liabilities stood at CNY 60,017,839.65, slightly up from CNY 59,984,495.93, showing a marginal increase of 0.05%[146] - The total current liabilities amounted to CNY 54,050,984.51, a slight increase from CNY 53,664,312.31, indicating a growth of about 0.72%[146] Cash Flow - The net cash flow from operating activities decreased by 55.29% to CNY 23,639,821.48, down from CNY 52,879,006.25 in 2015[20] - The net cash flow from investing activities significantly decreased by 1172.81% to -CNY 125,140,893.94 due to the purchase of principal-protected financial products[61] - The company received CNY 149,943,330.74 from financing activities due to its initial public offering[61] - The company's cash and cash equivalents increased by 157.50% to CNY 75,364,087.22, primarily due to the receipt of fundraising[63] Research and Development - The company has been focusing on the research and development of industrial new materials, particularly in the field of electric melting zirconia and casting modification materials[28] - Research and development expenses increased by 10.73% to RMB 10.30 million, reflecting the company's commitment to innovation[47] - The company has filed over 80 patents, with more than 40 granted, showcasing its focus on technological advancement[44] - The company has been recognized as a provincial-level enterprise technology center since 2005, indicating its strong R&D capabilities[36] Market Position and Strategy - The company has established a strong market position in the electric melting zirconia business, being a leader in the domestic industry since 2003[28] - The company has established long-term partnerships with leading clients across various industries, enhancing its market position[37] - The company plans to significantly increase its electric melting zirconia production capacity following the completion of its fundraising projects[41] - The company aims to strengthen its R&D in new materials, focusing on high-tech products such as stabilized electric melting zirconia and special zirconia[71] Shareholder Information - The company plans to distribute a cash dividend of CNY 1 per 10 shares, totaling CNY 13,415,000.00, based on a total share capital of 134,150,000 shares[4] - The top shareholder, Ningde City Huifu Investment Co., Ltd., holds 26,834,400 shares, representing 20.00% of the total shares[106] - The total number of ordinary shareholders reached 19,530 by the end of the reporting period, down from 25,773 at the end of the previous month[104] - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing[81] Corporate Governance - The audit report issued by Zhongshen Yatai CPA confirms the accuracy and completeness of the financial statements for the year[3] - The company has maintained transparency in information disclosure, adhering to legal requirements and ensuring fair access to information for all shareholders[128] - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with governance standards[127] - No significant risks were identified by the supervisory board during the reporting period, indicating stable governance practices[134] Social Responsibility - In 2016, the company allocated a total of RMB 66.65 million for poverty alleviation efforts, helping 159 registered impoverished individuals to escape poverty[96] - The company invested RMB 10 million to support 159 impoverished students, along with RMB 45 million to improve educational resources in impoverished areas[96] - The company plans to continue implementing the national poverty alleviation strategy in 2017, focusing on industrial development, education, and social assistance[97] Employee Information - The total number of employees in the parent company and major subsidiaries is 443, with 394 in the parent company and 49 in subsidiaries[123] - The company has established a competitive salary system based on job position, skill level, work intensity, and performance[124] - The company has a diverse workforce with various educational backgrounds, ensuring a range of skills and expertise[123]