证券代码：688021 证券简称：奥福环保 公告编号：2020-022 山东奥福环保科技股份有限公司 关于参加山东辖区上市公司投资者网上集体接待日的公告 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、准确性和完整性依法承担法律责任。 为进一步做好投资者关系管理工作，加强与投资者的互动交流，使广大投资 者能更深入全面地了解公司情况，山东奥福环保科技股份有限公司（以下简称"公 司"）将参加由中国证券监督管理委员会山东证监局、山东上市公司协会与深圳 市全景网络有限公司联合举办的"山东辖区上市公司 2020 年度投资者网上集体 接待日"活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net）参 与本次网上投资者接待日活动。本次活动时间为 2020 年 9 月 29 日（星期二）下 午 14:00—17:00。 届时公司证券事务工作人员将通过网络在线交流形式与投资者就公司治理、 发展战略、经营状况和可持续发展等投资者关注的问题进行沟通。 ...

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the first half of 2020, representing a year-on-year increase of 15%[1]. - The net profit for the first half of 2020 was 300 million RMB, up 20% compared to the same period last year[1]. - The company's operating revenue for the first half of 2020 was ¥149,923,197.69, representing a 14.50% increase compared to ¥130,940,054.34 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2020 was ¥42,868,288.19, which is a 24.98% increase from ¥34,299,605.49 in the previous year[18]. - The company reported a total revenue of 63,852,000.00 RMB for the first half of 2020, with a net profit of 13,184,932.99 RMB, representing a significant increase of 25.99% compared to the previous period[58]. - The company achieved operating revenue of CNY 149.92 million in the first half of 2020, representing a 14.50% increase compared to the same period in 2019, while net profit attributable to shareholders grew by 24.98% to CNY 42.87 million[76]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2020, representing a year-over-year growth of 15%[104]. User Growth and Market Expansion - User data indicates a growth in active users by 25%, reaching 2 million users by the end of June 2020[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2021[1]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of 500 million RMB earmarked for potential deals[104]. - Market expansion plans include entering two new regions, which are projected to increase market share by 5%[105]. Research and Development - The company has allocated 200 million RMB for R&D in 2020, focusing on innovative environmental technologies[1]. - The R&D expenditure as a percentage of operating revenue increased to 8.79% from 7.81% in the previous year, indicating a focus on innovation[20]. - The company achieved a total R&D investment of ¥13,184,932.99, which accounts for 8.79% of its operating revenue[47]. - The R&D team consists of 70 members, accounting for 10.97% of the total workforce, with an average salary of 48,396.90 RMB per researcher[61]. - The company is focusing on high-density, ultra-thin wall three-way catalyst carriers, with a total expected investment of ¥1,500,000 and current investment of ¥779,905.84[50]. - The company is also working on low-expansion, lightweight oxygen catalyst carriers with a total expected investment of ¥2,000,000 and current investment of ¥783,700.30[50]. Financial Stability and Cash Flow - The company maintains a strong cash position with 500 million RMB in liquid assets, ensuring financial stability for upcoming projects[1]. - The cash flow from operating activities for the first half of 2020 was ¥16,406,764.73, a significant increase from ¥169,371.31 in the same period last year, marking a growth of 9,586.86%[18]. - The company's cash and cash equivalents at the end of the period amounted to 220,321,693.43 CNY, representing 20.06% of total assets[88]. - The company reported a significant increase in other non-current assets, which rose to RMB 24,162,364.91 from RMB 12,109,633.44, representing an increase of approximately 99.5%[140]. - The company has a total of CNY 322,562,587.05 in retained earnings, which supports future growth initiatives[168]. Risks and Compliance - The management highlighted potential risks including regulatory changes and market competition, advising investors to remain cautious[1]. - The company faces risks related to high customer concentration, with sales to the top five customers accounting for over 50% of total revenue in the past three years[82]. - The company is exposed to operational risks due to fluctuations in the commercial vehicle market, with heavy-duty truck production showing significant volatility over the years[82]. - The company is committed to strict compliance with legal regulations and actively manages investor relations to enhance communication and understanding with investors[78]. Environmental Compliance - The company has adhered to environmental regulations, with no pollution incidents reported during the reporting period[120]. - The company has implemented a regular monitoring mechanism for environmental compliance, ensuring that waste emissions meet regulatory standards[120]. - The company has established a waste gas treatment system to ensure emissions comply with environmental regulations[120]. Shareholder Commitments and Governance - The company has made unconditional and irrevocable commitments to fulfill return measures and compensate for any losses caused by violations[106]. - The company will comply with any new regulatory requirements from the China Securities Regulatory Commission regarding return measures[106]. - The company has established strict limits on the use of its funds in transactions with related parties, ensuring compliance with market rules[110]. - The company guarantees that no funds will be misappropriated for personal or related party use, adhering strictly to legal regulations[110]. Product Development and Technology - The company focuses on the research and application of honeycomb ceramic technology, providing a series of honeycomb ceramic products and industrial waste gas treatment equipment for air pollution control[26]. - The company has developed advanced technologies such as directional control growth of cordierite and micropore structure control, which are at the international leading level[43]. - The company has automated kiln temperature control technology, improving firing yield rates and reducing human error in the production process[67]. - The company has developed customized VOCs treatment equipment, meeting diverse client needs and achieving technological maturity ahead of national standards[68].

Financial Performance - Operating revenue rose by 6.93% to CNY 70,365,777.37 year-on-year[5] - Net profit attributable to shareholders increased by 27.55% to CNY 20,751,100.20 compared to the same period last year[5] - Total operating revenue for Q1 2020 was CNY 70,365,777.37, an increase of 6.3% compared to CNY 65,805,592.71 in Q1 2019[27] - Net profit for Q1 2020 was CNY 20,751,100.20, up 27.3% from CNY 16,269,150.15 in Q1 2019[28] - The company reported a total profit of CNY 24,191,121.55 for Q1 2020, compared to CNY 19,066,926.92 in Q1 2019, an increase of 26.5%[28] - Total comprehensive income for Q1 2020 was ¥18,721,230.59, compared to ¥16,689,722.50 in Q1 2019, representing an increase of approximately 12.25%[31] Cash Flow - Net cash flow from operating activities decreased significantly by 616.34% to -CNY 13,156,913.00[5] - The net cash flow from operating activities was negative at -¥13,156,913.00, a decrease of 616.34% compared to ¥2,548,132.12 in the same period last year, primarily due to a reduction in cash received from sales[15] - Cash inflows from operating activities totaled ¥23,120,677.94 in Q1 2020, a decline of 45.4% from ¥42,362,045.00 in Q1 2019[33] - Net cash outflow from operating activities was ¥13,156,913.00 in Q1 2020, compared to a net inflow of ¥2,548,132.12 in Q1 2019[34] - Cash outflows from investing activities reached ¥198,822,979.97 in Q1 2020, significantly higher than ¥7,364,824.15 in Q1 2019[34] - Net cash flow from financing activities was negative at ¥308,744.85 in Q1 2020, contrasting with a positive net flow of ¥9,138,964.01 in Q1 2019[35] - The net increase in cash and cash equivalents for Q1 2020 was negative at ¥-212,467,409.07, compared to a positive increase of ¥4,309,479.18 in Q1 2019[35] Assets and Liabilities - Total assets increased by 5.44% to CNY 1,126,502,532.00 compared to the end of the previous year[5] - Total current assets increased to CNY 835,015,897.04 as of March 31, 2020, up from CNY 787,153,643.64 at the end of 2019, representing a growth of approximately 6.5%[18] - Total liabilities amounted to CNY 274,445,098.02, up from CNY 237,051,230.51, indicating an increase of approximately 15.8%[20] - Total liabilities increased to CNY 224,676,058.91 from CNY 172,804,773.53, marking a rise of 30.0%[24] - Total assets reached CNY 1,126,502,532.00, compared to CNY 1,068,357,564.29, showing a growth of about 5.4%[20] - Non-current assets totaled CNY 291,486,634.96, an increase from CNY 281,203,920.65, representing a growth of approximately 3.6%[19] Shareholder Information - The total number of shareholders reached 3,777 at the end of the reporting period[11] - The largest shareholder, Pan Jiqing, holds 13.90% of the shares, totaling 10,743,827 shares[11] Expenses - Research and development expenses accounted for 5.61% of operating revenue[7] - Research and development expenses for Q1 2020 were CNY 3,950,291.00, a decrease of 1.5% from CNY 4,011,216.42 in Q1 2019[27] - The company reported a significant increase in other receivables, which rose to CNY 316,580,592.56 from CNY 303,233,643.02, reflecting a growth of about 4.4%[23] - The company reported a non-operating income of CNY 1,370,463.04, primarily due to government subsidies[9] - The company reported a 54.46% decrease in taxes and surcharges, amounting to ¥526,531.36 compared to ¥1,156,141.94 in Q1 2019, primarily due to a reduction in urban construction tax and land use tax[14] - The company’s financial expenses decreased by 85.68% to ¥318,539.11 from ¥2,223,771.61, mainly due to reduced exchange losses and increased interest income[14]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2019, representing a year-over-year increase of 15%[16]. - The net profit for the year was RMB 200 million, which is a 10% increase compared to the previous year[16]. - The company's operating revenue for 2019 was CNY 268,078,301.10, representing a year-on-year increase of 7.98% compared to CNY 248,272,094.99 in 2018[24]. - The net profit attributable to shareholders for 2019 was CNY 51,622,910.58, which is a 10.39% increase from CNY 46,761,427.28 in 2018[24]. - The net cash flow from operating activities for 2019 was CNY 19,959,482.92, a significant increase of 934.70% compared to CNY 1,929,008.86 in 2018[24]. - The company's total assets at the end of 2019 were CNY 1,068,357,564.29, an 85.06% increase from CNY 577,309,132.73 at the end of 2018[24]. - The basic earnings per share for 2019 was CNY 0.85, up 3.66% from CNY 0.82 in 2018[25]. - The diluted earnings per share for 2019 was also CNY 0.85, consistent with the basic earnings per share[25]. - The company's net assets attributable to shareholders increased by 157.72% to CNY 831,306,333.78 at the end of 2019 from CNY 322,562,587.05 at the end of 2018[24]. - The company's cash flow from operating activities surged by 934.70% to CNY 19,959,482.92, indicating improved operational efficiency[94]. - The company achieved operating revenue of 268.08 million yuan in 2019, an increase of 7.98% compared to 2018, and a net profit attributable to shareholders of 51.62 million yuan, up 10.39% year-on-year[89]. Research and Development - The company has allocated RMB 100 million for research and development in 2020, focusing on innovative environmental technologies[16]. - Research and development expenses accounted for 10.81% of operating revenue in 2019, an increase of 4.29 percentage points from 6.52% in 2018[26]. - The total R&D investment for the period was approximately ¥28.99 million, accounting for 10.81% of the total revenue[56]. - The company has a total of 71 R&D personnel, representing 11.95% of the total workforce[56]. - The company has developed a comprehensive technology system for honeycomb ceramic carrier formulations, achieving international advanced levels in key performance indicators such as thermal expansion coefficient and compressive strength[72]. - The company is investing in research and development to innovate and stay competitive in the industry[200]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2022[16]. - The company is focusing on developing advanced technologies related to honeycomb ceramic carriers and various combustion purification technologies to meet stringent environmental standards[119]. - The company has established collaborations with over ten domestic manufacturers to prepare for upcoming emission standards, ensuring a competitive edge in market expansion[121]. - The company is exploring market expansion opportunities to increase its footprint in emerging markets[200]. - The company’s strategic focus on expanding into overseas markets has contributed to its revenue growth during the reporting period[80]. - In 2019, the company's overseas sales revenue reached 51.12 million yuan, a year-on-year increase of 124.49%[81]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from the accounting firm Rongcheng[5]. - All board members attended the meeting to review the annual report, ensuring full governance participation[5]. - There are no non-operational fund occupations by controlling shareholders or related parties reported[8]. - The company does not have any special arrangements for corporate governance[9]. - There are no violations of decision-making procedures for external guarantees reported[9]. - The company emphasizes compliance with laws regarding shareholder holdings and share transfers[132]. - The company has established strict limitations on fund occupation, ensuring that no funds are borrowed or lent without proper transaction backgrounds[146]. Shareholder Information and IPO - The company successfully listed on the Sci-Tech Innovation Board on November 6, 2019, marking a new development stage[80]. - The company issued 20 million shares of RMB ordinary stock, increasing total share capital by RMB 20 million, resulting in a new total of 77,283,584 shares[173]. - The actual controller and shareholders committed to not transferring or entrusting their shares for 36 months post-IPO, with an automatic extension of 6 months if stock prices fall below the issue price for 20 consecutive trading days[127]. - The company has a total of 36 months for the restricted shares of Pan Jiqing, Yu Faming, and Wang Jianzhong to become tradable, starting from November 6, 2022[190]. - The company has a clear policy regarding the voting rights of shareholders, ensuring no single entity can dominate decisions[193]. Environmental and Social Responsibility - The company invested approximately 3.88 million yuan in environmental protection facilities in 2019, an increase from 3.81 million yuan in 2018[167]. - Environmental protection-related costs were 2.99 million yuan in 2019, up from 2.82 million yuan in 2018[167]. - The company has not experienced any significant environmental pollution incidents during the reporting period[168]. - The company emphasizes employee rights protection through comprehensive labor contracts and social insurance coverage[161]. Risks and Challenges - The company has faced various risks as outlined in the report, which investors are advised to pay attention to[4]. - The company faces risks related to high customer concentration, with the top five customers accounting for 79.19% of revenue in the past three years[85]. - The company experienced a net loss of RMB 106.87 thousand from its wholly-owned subsidiary in Dezhou, indicating challenges in that segment[117]. Product Development and Technology - New product development includes a next-generation emission control system expected to launch in Q3 2020, projected to increase revenue by 20%[16]. - The company has developed a full range of products suitable for the National VI emission standards, including DOC, SCR, DPF, ASC for diesel vehicles, and TWC, GPF for gasoline vehicles, enhancing its competitive edge[75]. - The company has developed key technologies for diesel vehicle NOx post-treatment, achieving a CTE average value of 0.26×10^-6/℃ and passing rigorous heat shock tests[61]. - The company has achieved international leading performance indicators for the developed recrystallized silicon carbide DPF, which is now in small batch production and provided to catalyst manufacturers for evaluation[54].

山东奥福环保科技股份有限公司 投资者关系活动记录表 （2019 年 12 月） 证券简称：奥福环保 证券代码：688021 | --- | --- | --- | --- | |--------------|-------------------------------|------------|----------| | | | | | | | 特定对象调研 | 分析师会议 | 媒体采访 | | 投资者关系活 | 业绩说明会 | 新闻发布会 | 路演活动 | | 动类别 | 现场参观 | 其他 | | | | 2019 年 12 月 5 日 | | | | | 中银国际证券股份有限公司 | | | | | 江苏联峰投资发展有限公司 | | | | | 中信建投证券股份有限公司 | | | | | 2019 年 12 月 11 日 | | | | | 东方财富证券 | | | | | 国盛证券有限责任公司 | | | | 参与单位名称 | 仁桥（北京）资产管理有限公司 | | | | | 2019 年 12 月 17 日 | | | | | 财通证券股份有限公司 | | | | | 证券时报 | | | | ...