Financial Performance - In 2017, the company achieved a net profit attributable to shareholders of 92,372,603.57 CNY, representing a 3.09% increase compared to 2016[6]. - The total operating revenue for 2017 was 1,297,433,732.74 CNY, reflecting a growth of 25.21% from the previous year[22]. - The company's total assets increased by 62.89% year-on-year, reaching 1,663,543,061.97 CNY at the end of 2017[22]. - The basic earnings per share for 2017 was 0.44 CNY, down 22.81% from 0.57 CNY in 2016[23]. - The net cash flow from operating activities decreased by 46.30% to 42,682,365.87 CNY compared to 2016[22]. - The net profit after deducting non-recurring gains and losses was CNY 30.10 million in Q1, CNY 20.95 million in Q2, CNY 20.10 million in Q3, and dropped to CNY 4.43 million in Q4[25]. - The company reported a decrease in the net profit excluding non-recurring gains and losses, which was 75,573,274.05 CNY, down 12.27% from the previous year[22]. - The company reported a significant increase in financing activities, with net cash flow from financing activities of CNY 452,640,964.17, compared to a negative cash flow of CNY 78,694,154.17 in the previous year[46]. Dividend and Capital Management - The company plans to distribute a cash dividend of 0.88 CNY per 10 shares, totaling 18,631,360 CNY, which is 20.17% of the net profit for the year[6]. - The company will also increase its capital reserve by issuing 2 additional shares for every 10 shares held, totaling 4,234.40 million shares[6]. - The company raised a total of RMB 495,040,000 by issuing 52 million shares at RMB 9.52 per share, with a net amount of RMB 445,214,700 after deducting issuance costs[34]. Research and Development - The company's R&D expenditure increased by 21.13% to CNY 48,054,985.11[46]. - In 2017, the company applied for 12 new patents, with a focus on innovative products such as a high-efficiency self-catalytic redox agent for SCR systems[42]. - The company has accumulated 14 invention patents, 19 design patents, and 2 utility model patents by December 31, 2017, which supports the timely launch of market-demanded products[86]. - The company’s R&D leader, 石俊峰, has participated in the development of 21 patent technologies in the field of automotive environmental fine chemicals[89]. Market Position and Strategy - The company operates in the automotive environmental fine chemicals sector, focusing on the development, production, and sales of lubricants, engine coolants, and exhaust treatment fluids[30]. - The market for lubricants and engine coolants is highly competitive, with over 2,000 companies, including multinational corporations and domestic large petrochemical enterprises[32]. - The company has established a comprehensive supplier management system to ensure the quality and reliability of its raw materials[31]. - The company employs a multi-channel sales strategy, including group customers, distributors, and e-commerce channels, to enhance market reach[31]. - The company emphasizes product innovation and development based on automotive market demands and energy-saving environmental policies[30]. - The company is recognized as one of the leading enterprises in the domestic automotive exhaust treatment industry and has a strong competitive position in the domestic lubricating oil market[82]. Product Development and Innovation - The company is focusing on smart manufacturing upgrades to meet the increasing demand for personalized products in the lubricants market[41]. - The company is expanding its product line with the launch of the ATF automatic transmission maintenance project, aiming to provide comprehensive service solutions[42]. - The company has developed high-end energy-saving and environmentally friendly lubricants that meet modern internal combustion engine emission regulations, contributing to its focus on the lubricants business as a key development product[77]. - The company has launched a series of diesel engine exhaust treatment fluids, including "净芯", "洁劲", and "智蓝", to comply with the National IV emission standards since January 1, 2015[87]. Financial Health and Risks - The company is exposed to raw material price volatility risks, with direct material costs significantly impacting gross margin levels[133]. - The automotive industry's rapid development provides a broad market space for automotive environmental fine chemicals, but structural adjustments and policy changes may pose risks to the company's competitive position[134]. - The company has not proposed any cash dividend distribution plan for the reporting period, despite having positive distributable profits[138]. Corporate Governance and Compliance - The company has no major litigation or arbitration matters during the reporting period[152]. - The company has no penalties or rectification situations involving its directors, supervisors, senior management, or controlling shareholders during the reporting period[152]. - The company has committed to fully disclose any failure to fulfill its obligations and the specific reasons for such failures[144]. - The company has established a mechanism to ensure timely and effective supplementary commitments to protect investor interests[143]. Shareholder Information - The total number of ordinary shares increased from 156 million to 208 million, reflecting a 33.33% increase in total share capital[171]. - The largest shareholder, Shi Junfeng, held 50.72% of shares post-IPO, down from 67.62% before the offering[180]. - The number of ordinary shareholders increased from 18,068 to 18,838 during the reporting period[181]. - The company issued 52 million shares to the public, representing 25% of the total shares post-IPO[180].

2018 年第一季度报告 公司代码：603906 公司简称：龙蟠科技 江苏龙蟠科技股份有限公司 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 | 1,785,683,580.32 | 1,663,543,061.97 | | 7.34 | | 归属于上市公司 | 1,246,917,343.70 | 1,186,623,266.49 | | 5.08 | | 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 | 78,736,069.79 | 34,020,700.77 | | 131.44 ...

| 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2017 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 2017 年第三季度报告 公司代码：603906 公司简称：龙蟠科技 江苏龙蟠科技股份有限公司 2017 年第三季度报告 1 / 25 | 目录 | | --- | 3 / 25 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 1,640,209,087.71 1,021,259,973.64 60.61 归属于上市公 司股东的净资 产 1,165,317,027.55 646,371,550.08 80.29 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 37,430,096.78 115,580,099.72 -67.62 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 （%） 1.1 ...

Financial Performance - The company's operating revenue for the first half of 2017 was approximately CNY 624.37 million, representing a year-on-year increase of 31.95% compared to CNY 473.17 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2017 was approximately CNY 50.98 million, an increase of 14.08% from CNY 44.69 million in the previous year[19]. - The basic earnings per share for the first half of 2017 was CNY 0.28, a decrease of 3.45% from CNY 0.29 in the same period last year[19]. - The net profit excluding non-recurring gains and losses was 51,051,200 CNY, reflecting a growth of 19.99% year-on-year[37]. - The total comprehensive income for the first half of 2017 was CNY 33,341,424.70, consistent with the net profit, reflecting no significant other comprehensive income items[103]. - The company reported a total comprehensive income of ¥50,981,560.00 for the period[112]. Cash Flow and Investments - The net cash flow from operating activities decreased by 45.84% to approximately CNY 32.78 million, down from CNY 60.53 million in the same period last year[19]. - Cash flow from investing activities showed a net outflow of 359,144,966.85 CNY, significantly higher than the previous year's outflow of 55,412,561.91 CNY[39]. - Cash flow from financing activities increased to 438,848,744.79 CNY, compared to a net outflow of 39,214,470.98 CNY in the previous year, mainly due to the proceeds from the initial public offering[40]. - The company's cash and cash equivalents increased by 94.03% to 204,652,363.53 CNY, attributed to the funds raised from the IPO[44]. - The cash flow from financing activities showed a significant improvement compared to the previous period, indicating better capital management[109]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 1.55 billion, a 52.07% increase from CNY 1.02 billion at the end of the previous year[19]. - The total current assets as of June 30, 2017, amounted to CNY 1,018,619,552.97, an increase from CNY 547,839,098.86 at the beginning of the period, reflecting a growth of approximately 85.6%[90]. - The total liabilities as of June 30, 2017, were CNY 407,822,226.22, compared to CNY 374,888,423.56 at the beginning of the period, representing an increase of approximately 8.8%[92]. - The company's equity attributable to shareholders increased to CNY 1,145,178,447.61 from CNY 646,371,550.08, marking a significant rise of about 77.2%[92]. Research and Development - The company focuses on the research and development of automotive environmental fine chemicals, with core technologies in lubricating oil energy conservation and environmental optimization, volatile organic compound purification, and nitrogen oxide emission control[24]. - The company has established four major research laboratories to drive product innovation based on market demand and environmental policies[24]. - Research and development expenses increased by 34.62% to 21,767,637.35 CNY, driven by increased investment in R&D projects[39]. Market and Competition - The company operates in a competitive market with over 2,000 players in the lubricants and engine cooling fluids sector, with multinational corporations holding significant market share[27]. - The diesel engine exhaust treatment fluid market has been growing rapidly since 2014, with domestic companies beginning to establish large-scale production bases[28]. - The company faces significant market competition risks in the automotive chemical sector, particularly in lubricants and engine coolants, where it competes against multinational and state-owned enterprises[49]. Shareholder and Capital Management - The company does not plan to distribute profits or increase capital reserves during this reporting period[4]. - The company raised a total of RMB 495,040,000.00 by issuing 52 million shares at a price of RMB 9.52 per share, with a net amount of RMB 445,214,700.00 after deducting issuance costs[29]. - The company has committed to not transferring or managing its shares for 36 months post-IPO, ensuring stability in ownership during this period[55]. - The company has a lock-up period for its shares, with Shi Junfeng's shares being locked for 36 months until April 2020[75]. Corporate Governance and Compliance - There are no significant non-operating fund occupation issues by controlling shareholders or related parties[5]. - The company has received multiple quality management certifications, including ISO 9001:2008 and ISO/TS 16949:2009, ensuring high standards in production and service[33]. - The company confirmed that there were no false statements or omissions in the prospectus for its initial public offering, and it will take responsibility for any damages caused to investors due to such issues[59]. Accounting and Financial Reporting - The company’s financial statements are prepared based on the assumption of going concern, indicating good operational sustainability[132]. - The company’s accounting policies comply with the requirements of enterprise accounting standards, ensuring accurate financial reporting[133]. - The company has no significant changes in accounting policies or estimates during the reporting period[192].

Financial Performance - Net profit attributable to shareholders rose by 69.54% to CNY 33,698,952.51 year-on-year[6] - Operating revenue grew by 44.17% to CNY 333,818,433.76 compared to the same period last year[6] - Basic earnings per share increased by 69.54% to CNY 0.22[7] - The net profit after deducting non-recurring gains and losses was CNY 30,096,816.16, reflecting a 57.18% increase year-on-year[6] - The company reported a significant increase in accounts receivable, which rose to CNY 152,970,769.27 from CNY 140,819,523.71, an increase of about 9%[17] - Total operating revenue for the current period reached ¥333,818,433.76, a significant increase of 44.3% compared to ¥231,546,427.23 in the previous period[24] - Net profit for the current period was ¥33,698,952.51, a rise of 69.8% compared to ¥19,876,674.74 in the same period last year[25] - The total profit for the current period was ¥39,894,999.79, a 60.5% increase from ¥24,832,618.58 in the previous period[25] Assets and Liabilities - Total assets increased by 54.88% to CNY 1,581,681,249.91 compared to the end of the previous year[6] - Current liabilities rose to CNY 361,116,592.84, compared to CNY 278,397,913.80, reflecting an increase of about 30%[18] - Total liabilities amounted to CNY 453,407,102.60, up from CNY 374,888,423.56, showing an increase of around 21%[18] - Owner's equity totaled CNY 1,128,274,147.31, compared to CNY 646,371,550.08, reflecting a growth of approximately 75%[19] - The company's total current assets reached CNY 1,097,557,227.10, up from CNY 547,839,098.86, indicating an increase of about 100%[17] Cash Flow - Net cash flow from operating activities increased by 4.05% to CNY 34,020,700.77[6] - Cash and cash equivalents reached CNY 606,385,498.97, significantly higher than CNY 105,473,609.82, indicating a growth of over 474%[17] - Cash inflow from financing activities reached ¥525,040,000.00, significantly higher than ¥34,000,000.00 in the previous period[31] - Net cash flow from financing activities was ¥481,919,057.59, a substantial improvement from -¥34,425,227.37[31] - The net increase in cash and cash equivalents was ¥494,570,250.90, compared to a decrease of -¥23,099,317.51 in the prior period[31] Shareholder Information - The total number of shareholders reached 47,635 at the end of the reporting period[9] - The largest shareholder, Shi Junfeng, holds 50.72% of the shares, totaling 105,487,200 shares[9] Operational Metrics - The weighted average return on equity increased by 1.16 percentage points to 4.54%[6] - The gross profit margin improved, with operating costs rising by 49.75% to RMB 221,589,470.52, indicating effective cost management despite increased sales[13] - Sales expenses rose to ¥45,529,806.98, reflecting a 42.1% increase from ¥32,099,411.61 in the previous period[24] - Management expenses increased to ¥25,449,703.92, up 17.1% from ¥21,599,532.89 in the previous period[25] Future Outlook - The company plans to continue expanding its marketing efforts to sustain revenue growth in the upcoming quarters[14]