证券代码：603978 证券简称：深圳新星 公告编号：2020-056 深圳市新星轻合金材料股份有限公司 关于接待机构投资者调研的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、调研情况 调研时间：2020 年 8 月 27 日 调研形式：现场接待 调研机构：英大证券有限责任公司 接待人：副总经理、董事会秘书周志 二、调研主要内容 1、公司 2020 年半年度业绩情况？ 答：2020 年上半年受新冠肺炎疫情，交通、人员、供应链等因素影响公司约 3 个月未能有效生产，2020 年上半年铝晶粒细化剂销量为 1.88 万吨，同比下降 13.2%，上半年公司实现营业收入 42,571.36 万元，较上年同期减少 18.42%；营 业成本 35,883.28 万元，较上年同期减少 11.07%；实现净利润 2,161.23 万元， 较上年同期下降 62.64%；2020 年公司在高端铝晶粒细化剂市场稳定的情况下， 进一步采用价格策略拓展中低端市场，不断扩大产销量，尽可能多产出氟铝酸钾 产品，为公司后续采用氟铝酸钾生产高纯 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 425.71 million, a decrease of 18.42% compared to CNY 521.84 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2020 was CNY 21.61 million, down 62.64% from CNY 57.85 million year-on-year[20]. - The net cash flow from operating activities was negative CNY 57.14 million, a decline of 179.63% compared to a positive CNY 71.76 million in the previous year[20]. - The basic earnings per share for the first half of 2020 was CNY 0.14, a decrease of 61.11% from CNY 0.36 in the same period last year[21]. - The weighted average return on equity decreased to 1.43%, down 2.59 percentage points from 4.02% year-on-year[21]. - The net profit after deducting non-recurring gains and losses was CNY 13.73 million, down 73.75% from CNY 52.30 million in the same period last year[20]. - The company reported a total non-recurring profit and loss of ¥7,885,491.27 after accounting for minority interests and tax effects[24]. - The company achieved operating revenue of CNY 425.71 million in the first half of 2020, a decrease of 18.42% year-on-year[46]. - Net profit for the same period was CNY 21.61 million, down 62.64% compared to the previous year[46]. - The company reported a significant increase in tax expenses, with income tax expense of CNY -880,428.17 compared to CNY 10,643,827.40 in the first half of 2019[128]. - The company's net profit for the first half of 2020 was CNY 2,538,269.26, a significant decrease compared to CNY 41,868,658.72 in the same period of 2019, reflecting a decline of approximately 93.9%[132]. - Operating profit for the first half of 2020 was CNY 1,934,292.05, down from CNY 47,162,094.63 in the previous year, indicating a decrease of about 95.9%[132]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2.12 billion, a slight decrease of 0.15% from CNY 2.12 billion at the end of the previous year[20]. - The total liabilities amounted to CNY 556,701,216.44, slightly down from CNY 561,315,118.91 in the previous year[125]. - Total equity increased from CNY 1,505,576,438.01 to CNY 1,517,219,926.64, reflecting an increase of about 0.8%[122]. - The total current assets as of June 30, 2020, amount to RMB 865,639,755.89, a decrease from RMB 889,424,050.19 at the end of 2019[120]. - The total amount of guarantees provided by the company, excluding subsidiaries, is 6,000,000.00 RMB, which is not overdue[101]. - The total guarantee amount, including subsidiaries, is 206,000,000.00 RMB, which accounts for 13.68% of the company's net assets[101]. - The company has CNY 32,000,061.67 in cash restricted for bank acceptance bill guarantees as of the reporting period end[58]. - The total cash and cash equivalents at the end of June 2020 amounted to CNY 137,251,121.58, down from CNY 213,115,078.36 at the end of June 2019, representing a decrease of approximately 35.5%[136]. Research and Development - The company invested CNY 20.09 million in R&D in the first half of 2020, an increase of 7.7% year-on-year[48]. - The company has developed 248 domestic and international patents, enhancing its technological leadership in the industry[38]. - The company has established several research and development platforms, including a national-level engineering laboratory and a post-doctoral innovation practice base[34]. - Research and development expenses increased to CNY 20,091,557.82 in the first half of 2020, up from CNY 18,655,563.84 in the previous year, reflecting a focus on innovation[127]. Market Position and Strategy - The company is the world's largest manufacturer of aluminum grain refiners, with a production capacity of 30,000 tons per year at its Shenzhen plant and plans to build a 60,000 tons per year capacity at its Luoyang plant[27]. - The company holds a 20% global market share and a 40% domestic market share in aluminum grain refiners[39]. - The company expects the consumption of aluminum grain refiners in China to reach 187,000 tons by 2024[46]. - The market for aluminum grain refining agents is expected to maintain rapid growth in the coming years, but the company must continue to innovate and seize market opportunities to avoid losing market share[64]. - The company has implemented new strategies to enhance operational efficiency and profitability[143]. Risk Management - The company has outlined potential risks in its annual report, urging investors to pay attention to these risks[7]. - The company faces risks related to fluctuations in aluminum ingot prices, which could adversely affect gross margins if prices rise significantly during the production cycle[63]. - The company has established a dedicated safety and environmental protection department to minimize environmental risks[103]. Shareholder and Governance - The company reported a commitment not to transfer or entrust the management of shares held before the public offering for 36 months from the date of listing[71]. - The company’s board and senior management have made irrevocable commitments to not transfer benefits unfairly or engage in unrelated investments[84]. - The company has established a stock option incentive plan to attract and retain talent, aligning the interests of shareholders, the company, and employees[95]. - The company has committed not to provide any financial assistance, including loans, to incentive recipients under the stock option plan[89]. - The company has voluntarily extended the lock-up period for its publicly issued shares for an additional year, until August 6, 2021[90]. Accounting and Financial Reporting - The company has implemented new revenue recognition standards starting from January 1, 2020, in accordance with the revised accounting standards[105]. - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[174]. - The company prepares consolidated financial statements based on the financial statements of the parent and its subsidiaries, ensuring consistency in accounting policies[181]. - The company recognizes foreign currency transactions at the spot exchange rate on the transaction date, with differences accounted for in the current period's profit or loss[183].

2020 年第一季度报告 公司代码：603978 公司简称：深圳新星 深圳市新星轻合金材料股份有限公司 2020 年第一季度报告 1 / 20 | 一、重要提示 3 | | --- | | 二、公司基本情况 3 | | 三、重要事项 6 | | 四、附录 9 | 2020 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 | 2,192,777,208.89 | 2,124,102,040.36 | | 3.23 | | 归属于上市公司 | 1,516,153,390.36 | 1,505,576,438.01 | | 0.70 | | 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 | 3,864,569.51 | 7,146,006.95 | | -45.92 | | 现金流量净额 | | | ...

Financial Performance - The company's operating revenue for 2019 was approximately ¥1.03 billion, a decrease of 6.00% compared to ¥1.10 billion in 2018[21]. - Net profit attributable to shareholders was approximately ¥94.27 million, down 24.64% from ¥125.10 million in the previous year[21]. - The net cash flow from operating activities was negative at approximately -¥65.44 million, a significant decline from ¥132.58 million in 2018, representing a decrease of 149.36%[22]. - Basic earnings per share decreased to ¥0.59, down 24.36% from ¥0.78 in 2018[22]. - The weighted average return on equity was 6.46%, a decrease of 2.72 percentage points from 9.18% in 2018[22]. - The total assets at the end of 2019 were approximately ¥2.12 billion, an increase of 10.57% from ¥1.92 billion at the end of 2018[21]. - The net assets attributable to shareholders increased by 6.66% to approximately ¥1.51 billion compared to ¥1.41 billion at the end of 2018[21]. - The company reported a significant decrease in cash received from sales, contributing to the decline in net profit and cash flow[22]. - Non-recurring gains and losses amounted to approximately ¥15.52 million in 2019, down from ¥27.52 million in 2018[27]. - The company achieved total operating revenue of ¥1,033,935,692.71, a decrease of 6.00% compared to the previous year[53]. - Net profit attributable to shareholders was ¥94,268,947.86, down 24.64% year-on-year[53]. Dividend Policy - The company plans to distribute a cash dividend of 0.625 RMB per 10 shares to all shareholders, based on the total share capital on the dividend distribution date[5]. - The company has established a cash dividend policy that emphasizes stable and sustainable returns to shareholders, with a minimum cash distribution of 10% of the annual distributable profit[105]. - The company distributed a cash dividend of 0.625 yuan per 10 shares for the year 2019, totaling 10 million yuan, which represents 10.61% of the net profit attributable to ordinary shareholders[110]. - The company aims to maintain a cash dividend ratio of at least 30% of the average annual distributable profit over the last three years[105]. - The company's cash dividend conditions include achieving positive distributable profits and having sufficient cash flow without major investment plans in the next 12 months[105]. Audit and Compliance - The company has received a standard unqualified audit report from Tianzhi International Accounting Firm[4]. - The company emphasizes the importance of accurate and complete financial reporting, as stated by its board and management[8]. - The company's financial statements were adjusted due to the adoption of new accounting standards, impacting the presentation of accounts receivable and payable[128]. - The audit opinion confirmed that the financial statements present a true and fair view of Shenzhen Xinxing's financial status as of December 31, 2019[191]. - The audit process included assessing risks of material misstatement due to fraud or error, emphasizing the importance of internal controls[198]. Operational Developments - The company has established several wholly-owned subsidiaries, including Songyan Metallurgy and Huizhou Sunxing[11]. - In 2019, the company completed the construction of a 30,000 tons/year aluminum grain refiner project in Luoyang, which officially commenced production in July 2019[30]. - The Luoyang plant will have a production capacity of 60,000 tons/year for aluminum grain refiners and related products, serving the East, Central, and North China regions[30]. - The company is advancing the construction of a project for aluminum grain refining smelting granular refining agents, with a demonstration production line already in trial production[50]. - The company is implementing a technical transformation project at its production base in Quannan to enhance the quality and safety of fluorine salt products, which are crucial for high-end aluminum grain refining agents[50]. Market Position and Strategy - The company is the world's largest manufacturer of aluminum grain refiners, with a complete industrial chain from raw ore mining to alloy processing[29]. - The global and domestic market shares for aluminum grain refiners are approximately 20% and 40%, respectively[40]. - The company has successfully changed the long-standing market monopoly of high-end aluminum grain refiners by European and American companies[41]. - The company plans to focus on improving operational efficiency and exploring new market opportunities to enhance future performance[22]. - The demand for high-end aluminum grain refiners and aluminum intermediate alloys is increasing due to the growing market for high-performance aluminum products in sectors such as aerospace and rail transportation[76]. Research and Development - The company has developed a strong technological innovation advantage, focusing on new materials such as energy-saving aluminum electrolytic materials and high-end aluminum alloys[37]. - The company has obtained 248 domestic and international invention patents in research and manufacturing[39]. - Research and development expenses amounted to ¥48,415,406.36, reflecting a slight increase of 0.19% from the previous year[55]. - The company is developing a new petroleum catalyst carrier material, SB powder, with production line construction underway, targeting import substitution[51]. - The company is conducting pilot and trial research on aluminum intermediate alloys and aluminum alloy rods for high-voltage cables, laying the foundation for industrialization[52]. Environmental and Social Responsibility - The company has established a dedicated safety and environmental protection department to minimize environmental risks[146]. - The company and its subsidiaries are not classified as key pollutant discharge units and have not faced administrative penalties for environmental issues during the reporting period[146]. - The company plans to actively participate in targeted poverty alleviation efforts in the future[145]. - The company has implemented strict compliance with national environmental laws and regulations, ensuring timely payment of pollution discharge fees[146]. - The company donated RMB 50,000 for flood relief efforts in 2019[144]. Shareholder and Governance - The company has committed to a share lock-up period from August 7, 2017, to August 6, 2020, for major shareholders and actual controllers[111]. - The company’s actual controller and major shareholders have agreed not to transfer or entrust the management of shares held prior to the IPO for 36 months from the date of listing[112]. - The company has established long-term commitments regarding share transfers and management to ensure stability[121]. - The company’s board and senior management have made irrevocable commitments to protect shareholder interests and ensure compliance with compensation measures[124]. - The company has a structured governance framework, including a board of directors and various committees to ensure effective decision-making and oversight[180]. Employee Management - The total number of employees in the parent company is 326, and in major subsidiaries, it is 272, resulting in a total of 598 employees[174]. - The company has established a comprehensive employee compensation management policy, focusing on performance-based pay and fairness, with various components including basic salary, performance bonuses, and other allowances[175]. - The company conducts annual training programs to enhance employee skills, including new employee training and professional education for existing staff[177]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period was RMB 4.335 million (pre-tax)[172]. - The company has maintained a stable executive compensation structure despite fluctuations in shareholdings[168].

2019 年第三季度报告 公司代码：603978 公司简称：深圳新星 深圳市新星轻合金材料股份有限公司 2019 年第三季度报告 1 / 23 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 10 | 2019 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 公司全体董事出席董事会审议季度报告。 1.3 公司负责人陈学敏、主管会计工作负责人卢现友及会计机构负责人（会计主管人员）陈国娟 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 3 / 23 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 2,071,279,223.05 1,920,980,838.95 7.82 归属于上市公司 股东的净资产 1,487,817,2 ...

Financial Performance - The company's operating revenue for the first half of 2019 was ¥521,841,491.18, representing a 7.11% increase compared to ¥487,209,170.54 in the same period last year[19] - The net profit attributable to shareholders for the first half of 2019 was ¥57,854,303.35, up 7.30% from ¥53,917,831.37 in the previous year[19] - The net profit after deducting non-recurring gains and losses was ¥52,299,548.64, which is a significant increase of 28.04% compared to ¥40,847,127.52 in the same period last year[19] - Basic earnings per share for the first half of 2019 were ¥0.36, a 5.88% increase from ¥0.34 in the same period last year[20] - The diluted earnings per share also stood at ¥0.36, reflecting the same growth of 5.88% compared to the previous year[20] - The company reported a total revenue of 13,524.06 million CNY, with a net profit of 4,975.71 million CNY, reflecting a decrease of 325.92 million CNY compared to the previous period[64] - The company reported a total comprehensive income for the first half of 2019 of RMB 41.87 million, down from RMB 83.13 million in the same period last year[117] Cash Flow and Financial Position - The net cash flow from operating activities decreased by 26.64% to ¥71,758,673.92 from ¥97,821,194.01 in the previous year[19] - The company's financial expenses surged by 203.87% to CNY 3,073,266.71, attributed to increased interest expenses and reduced interest income[49] - The company's inventory increased by 52.69% to CNY 140,631,191.28, reflecting a buildup of raw materials and finished goods[50] - The ending balance of cash and cash equivalents was RMB 213.12 million, a decrease from RMB 310.60 million at the end of the first half of 2018[121] - Cash flow from operating activities was RMB 71.76 million, a decrease of 26.6% compared to RMB 97.82 million in the first half of 2018[120] - The total liabilities decreased to CNY 493,050,235.81 from CNY 509,367,545.62, a reduction of approximately 3.2%[106] Assets and Investments - The total assets at the end of the reporting period were ¥1,962,365,831.55, reflecting a 2.15% increase from ¥1,920,980,838.95 at the end of the previous year[19] - The company has a recoverable fluorite ore of 600,000 tons, which is crucial for its fluorine salt manufacturing[28] - The company has invested in a fluorine salt manufacturing project in Jiangxi Province to ensure the quality of its aluminum grain refiner products[27] - The company has completed the construction of a 30,000 tons/year aluminum grain refiner production line in Luoyang, which is expected to enhance market share and profit margins[44] Market Position and Products - The company is the world's largest manufacturer of aluminum grain refiners, with a complete industry chain from raw ore mining to alloy processing[25] - The company holds a 40% market share in the domestic aluminum grain refiner market and has achieved international leading technology levels in its products[37] - The sales volume of aluminum grain refiners remained stable at 21,700 tons, while the sales volume of potassium aluminum fluoride increased by 149.56% to 8,800 tons[44] - The company's main product, aluminum grain refining agent, accounted for 88.16% of total revenue during the reporting period[58] Research and Development - The company is recognized as a national high-tech enterprise and has established several research and development platforms[32] - The company is actively involved in the research and development of high-purity aluminum and titanium materials, which are critical for various high-tech industries[56] - The company has obtained 237 domestic and international invention patents related to key production equipment, further solidifying its technological advantage[36] Shareholder and Governance - The company held one shareholders' meeting during the reporting period, with all resolutions passed without any delays or cancellations[61] - The company has established measures to ensure the fulfillment of commitments to protect investor interests[74] - The company will announce any share reduction three trading days in advance, ensuring compliance with disclosure obligations[71] - The company has committed to not reducing its shareholding below the issue price during the two years following the lock-up period[69] Risks and Challenges - The company faces risks related to market fluctuations and the need for sustained innovation to capture market opportunities[58] - The revenue from the aluminum grain refining agent was significantly impacted by the fluctuation in aluminum ingot prices, which constitute a high proportion of the main business costs[57] Accounting and Compliance - The company follows the latest enterprise accounting standards issued by the Ministry of Finance, ensuring the financial statements reflect its financial position accurately[169] - The company has implemented specific accounting policies for mergers and acquisitions, including the treatment of goodwill and capital reserves[173][174] - The company prepares consolidated financial statements based on the financial statements of the parent company and its subsidiaries, in accordance with the relevant accounting standards[179]

证券代码：603978 证券简称：深圳新星 公告编号：2019-026 深圳市新星轻合金材料股份有限公司 关于接待机构投资者调研的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、调研情况 调研时间：2019 年 6 月 调研形式：现场接待 调研机构：国盛证券有限责任公司、海通证券股份有限公司、深圳市思加资本资 产管理有限公司 接待人：副总经理、董事会秘书周志 二、调研主要内容 1、 公司主营产品铝晶粒细化剂介绍及应用领域 答：公司主要从事铝晶粒细化剂的研发、生产和销售。铝晶粒细化剂作为重 要添加剂，广泛应用于航空航天、轨道交通、军工、航海、建筑、机械制造、化 学工业等各种领域用的铝材制造加工。通过添加细化铝坯锭结晶颗粒，可以确保 加工成型后的铝材具有良好的塑性、强度和韧性。 所有铝合金材料(包括飞机蒙皮、战机铝部件、武器装备铝部件、汽车轮毂、 汽车铝板材、易拉罐料、PS 版基、CTP 版、建筑铝、高速列车箱体、地铁箱体、 手机铝、铝电缆、铝箔等等)均需在加工制造过程中按照吨铝 0.2-0.3%（1 吨铝 材制造 ...

Financial Performance - Operating revenue for the period was CNY 233,973,594.37, representing an increase of 11.31% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 16,108,985.25, down 52.04% compared to the same period last year[7] - Basic earnings per share were CNY 0.10, a decrease of 52.38% compared to CNY 0.21 in the same period last year[7] - The company's net profit for Q1 2019 was RMB 16,108,985.25, down 52.04% from RMB 33,591,529.35 in Q1 2018[14] - Total operating revenue for Q1 2019 was ¥233,973,594.37, an increase of 11.4% compared to ¥210,200,455.98 in Q1 2018[26] - Net profit for Q1 2019 decreased to ¥16,108,985.25, down 52.0% from ¥33,591,529.35 in Q1 2018[27] - Operating profit for Q1 2019 was ¥18,123,234.25, a decline of 54.1% from ¥39,508,586.52 in Q1 2018[26] - Total comprehensive income for Q1 2019 was ¥16,108,985.25, a decrease of 52.0% from ¥33,591,529.35 in Q1 2018[27] Cash Flow - The net cash flow from operating activities was CNY 7,146,006.95, a decrease of 71.11% year-on-year[7] - Operating cash flow for Q1 2019 was RMB 7,146,006.95, a decrease of 71.11% compared to RMB 24,739,193.30 in the same period last year[14] - The net cash flow from operating activities for Q1 2019 was ¥7,146,006.95, a significant decrease of 71.2% compared to ¥24,739,193.30 in Q1 2018[32] - The total cash inflow from operating activities in Q1 2019 was ¥238,424,210.29, compared to ¥232,919,022.92 in Q1 2018, showing a growth of approximately 2.2%[31] - The company experienced a net decrease in cash and cash equivalents of -¥12,505,263.71 in Q1 2019, compared to -¥51,750,445.91 in Q1 2018, reflecting a significant improvement of 75.8%[33] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,889,866,357.34, a decrease of 1.62% compared to the end of the previous year[7] - Total liabilities decreased from CNY 509,367,545.62 to CNY 462,319,731.19, a decrease of approximately 9.2%[20] - Current liabilities decreased from CNY 465,690,086.10 to CNY 419,330,803.17, a reduction of about 9.9%[20] - Accounts receivable decreased to RMB 417,618,969.01 from RMB 514,901,627.81, with notes receivable dropping by 44.03% to RMB 136,325,060.68[13][18] - Total assets decreased from CNY 1,920,980,838.95 to CNY 1,889,866,357.34, a decline of approximately 1.6%[20] - Owner's equity increased from CNY 1,411,613,293.33 to CNY 1,427,546,626.15, an increase of about 1.1%[20] Expenses - The company reported a significant increase in management expenses by 137.42% to RMB 8,318,728.55 due to higher personnel costs and fixed asset depreciation[14] - Research and development expenses increased to ¥11,822,131.17 in Q1 2019, up 19.2% from ¥9,915,093.16 in Q1 2018[26] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,242[11] - The largest shareholder, Chen Xueming, held 27.13% of the shares, totaling 43,409,400 shares[11] Government Support - The company received government subsidies amounting to CNY 3,877,655.68, which are closely related to its normal business operations[9] Investment Activities - Investment activities generated a net cash flow of RMB -38,269,580.61, an improvement of 11.26% compared to RMB -43,127,093.39 in the previous period[15] - The total cash outflow from investing activities in Q1 2019 was ¥53,755,842.11, compared to ¥43,127,093.39 in Q1 2018, indicating an increase of 24.5%[32] Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[28]

Financial Performance - The company's operating revenue for 2018 was approximately ¥1.1 billion, representing a 9% increase from ¥1.01 billion in 2017[23]. - The net profit attributable to shareholders for 2018 was approximately ¥125.1 million, a 19.68% increase compared to ¥104.5 million in 2017[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥97.6 million, showing a slight decrease of 0.09% from ¥97.7 million in 2017[23]. - The cash flow from operating activities improved significantly to approximately ¥132.6 million, a 152.12% increase from a negative cash flow of ¥254.4 million in 2017[23]. - The total assets of the company at the end of 2018 were approximately ¥1.92 billion, reflecting a 20.03% increase from ¥1.6 billion at the end of 2017[23]. - The net assets attributable to shareholders increased to approximately ¥1.41 billion, a 7.04% rise from ¥1.32 billion in 2017[23]. - Basic earnings per share remained unchanged at CNY 0.78, while diluted earnings per share also stayed at CNY 0.78, compared to the previous year[24]. - The net profit attributable to shareholders increased due to a rise in non-recurring gains, with a significant increase in cash flow from operating activities driven by higher cash receipts from sales[25]. - The net profit attributable to shareholders for the fourth quarter was CNY 43,073,265.87, showing a strong performance compared to previous quarters[27]. - The company’s total share capital increased from 80 million shares to 160 million shares following a capital reserve conversion plan, impacting per-share metrics[24]. Investment and Expansion Plans - The company plans to accelerate the construction of a 30,000 tons/year aluminum grain refining agent project in Luoyang, while transferring production capacity from the Shenzhen plant, aiming to enhance profitability and market share[34]. - The company has invested in a fluorine salt materials project to ensure the quality of aluminum grain refining agents, which will also enhance profitability by meeting both internal and market demand[35]. - The company is focusing on high-end alloys and plans to transition production capacity to meet the needs of specialized customers in the southern regions of China[34]. - The company is promoting the construction of a 20,000 tons/year anhydrous hydrofluoric acid project to meet the production needs of aluminum grain refining agents and improve gross profit margins[107]. - The company is advancing the construction of the 70 high-titanium iron alloy and aluminum intermediate alloy projects, which are expected to enhance future profitability and diversify product lines[104]. - The company plans to expedite the construction of a 60,000 tons/year KAlF4 energy-saving new material project, with a market demand of approximately 220,000 tons based on China's annual aluminum production of 35 million tons[105]. Research and Development - Research and development expenses increased by 35.02% to CNY 48,322,021.71, with 9 patents granted during the year[58]. - The company has developed and patented 236 key manufacturing devices, including electromagnetic induction furnaces and continuous casting machines, achieving international leading levels in technology[44]. - The company aims to strengthen product innovation and accelerate the transformation of scientific and technological achievements through increased R&D investment and talent acquisition[109]. - The company plans to develop 2-3 new products with high technical standards and large market potential to enhance economic and social benefits[102]. Market Position and Competition - The company maintains a global market share of over 20% and a domestic market share of over 40% for aluminum grain refiners, with several technical indicators surpassing those of leading global competitors[46]. - The company has established the world's largest aluminum grain refiner production line with an annual capacity of 60,000 tons, alongside a production base for fluorine salts in Jiangxi, enhancing its scale advantage[49]. - The aluminum processing industry is expected to see a growth in demand for aluminum grain refiners, with consumption projected to reach 138,100 tons by 2020[85]. - The high-end aluminum processing sector is rapidly developing, leading to increased demand for high-performance aluminum grain refiners and intermediate alloys[87]. Financial Management and Shareholder Policies - The company plans to distribute cash dividends of at least 10% of the distributable profits for the year if conditions are met[118]. - The company has not proposed a cash dividend for 2018 due to significant investment needs and cash flow requirements for expansion[126]. - The company’s cash dividend distribution policy requires a minimum of 80% cash dividends during mature stages without major capital expenditures[120]. - The company’s average cash dividend over the last three years was 30.61% of the net profit attributable to ordinary shareholders[125]. - The company is currently in a critical phase of expansion, necessitating significant cash flow for operations and investments[126]. - The company’s profit distribution proposal must be approved by more than half of the voting rights at the shareholders' meeting[121]. Corporate Governance and Compliance - The audit report for the company was issued by Tianzhi International Accounting Firm, confirming the accuracy and completeness of the financial statements[4]. - The company has disclosed potential risks in its annual report, urging investors to pay attention to these risks[7]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties during the reporting period[7]. - The company has established a framework for share reduction that complies with relevant laws and regulations[134]. - The company will ensure timely and accurate disclosure of any shareholding reductions, adhering to stock exchange regulations[137]. Social Responsibility and Environmental Impact - The company actively participated in social responsibility initiatives, donating ¥120,000 to the Ruijin Charity Association for poverty alleviation in 2018[160]. - The company is not classified as a key pollutant discharge unit and has not faced any environmental penalties during the reporting period[162].

2018 年第三季度报告 公司代码：603978 公司简称：深圳新星 深圳市新星轻合金材料股份有限公司 2018 年第三季度报告 1 / 20 | 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 公司全体董事出席董事会审议季度报告。 1.3 公司负责人陈学敏、主管会计工作负责人卢现友及会计机构负责人（会计主管人员）陈国娟 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 项目 本期金额 （7－9 月） 年初至报告期末 金额（1-9 月） 说明 非流动资产处置损益 -1,677.84 -1,677.84 越权审批，或无正式批准文件，或偶发 性的税收返 ...