Financial Performance - The company's operating revenue for 2021 was CNY 325,809,094.85, representing a 34.73% increase compared to CNY 241,831,705.19 in 2020[22]. - The net profit attributable to shareholders for 2021 was CNY 54,449,991.68, a 10.02% increase from CNY 49,490,793.88 in 2020[22]. - The net profit after deducting non-recurring gains and losses was CNY 47,366,168.66, up 3.98% from CNY 45,552,729.82 in 2020[22]. - The net cash flow from operating activities was CNY 70,734,829.13, a decrease of 5.06% compared to CNY 74,506,478.78 in 2020[22]. - The company's total assets at the end of 2021 were CNY 931,417,579.94, reflecting a 3.71% increase from CNY 898,118,779.03 at the end of 2020[22]. - The basic earnings per share for 2021 were CNY 0.68, a 9.68% increase from CNY 0.62 in 2020[23]. - The company's net profit attributable to shareholders increased by 10.02% year-on-year, while the net profit excluding non-recurring gains and losses grew by 3.98%[24]. - Operating cash flow decreased by 5.06% compared to the previous year, primarily due to increased cash payments for goods and services as well as higher employee compensation[24]. - The gross profit margin was 49.22%, an increase of 2.25 percentage points compared to the same period last year; net profit attributable to shareholders was 54.45 million yuan, up 10.02%[34]. Dividend Policy - The company plans to distribute a cash dividend of 1.9 CNY per 10 shares, totaling approximately 15.2 million CNY, which represents 69.05% of the net profit attributable to shareholders for the year 2021[6]. - The cash dividend amount is based on an estimated total share capital of 80 million shares, subject to adjustment based on the actual share capital on the dividend record date[6]. - The company does not plan to increase capital reserves or issue bonus shares, with remaining undistributed profits carried forward to the next year[6]. - The company plans to distribute a cash dividend of 2.5 yuan per 10 shares (including tax), totaling 20 million yuan, which accounts for 85.67% of the net profit attributable to shareholders for the year 2020[156]. - The company plans to distribute a cash dividend of 2.8 RMB per 10 shares (including tax) for the first half of 2021, totaling 22.4 million RMB, which accounts for 72.99% of the net profit attributable to shareholders for the same period[157]. Research and Development - Research and development expenses accounted for 8.66% of operating revenue, an increase of 1.29 percentage points from 7.37% in 2020[23]. - The total R&D investment increased by 58.22% year-on-year, amounting to approximately ¥28.21 million, representing 8.66% of total revenue[65]. - The company is focusing on expanding its R&D efforts and enhancing its product offerings to drive future growth[25]. - The company has over 15 years of research and development in CVD diamond preparation and application, mastering three major CVD diamond growth technologies[52]. - The company has launched PCD micro-drills with diameters below 2mm, showing superior performance in terms of lifespan and processing stability compared to traditional carbide micro-drills[57]. - The company has developed advanced core technologies, including laser micro-nano precision processing and CVD diamond growth technology, with production precision reaching micron and sub-micron levels[56]. Market Expansion and Strategy - The company achieved significant market breakthroughs in the wind power sector and strengthened its position in the domestic market while expanding overseas operations[22]. - The company plans to enhance its international market presence through its German subsidiary and aims for global supply capabilities[116]. - The company is focusing on developing cultivated diamonds and diamond functional materials, with a full industry chain layout including CVD diamond growth and processing[117]. - The company is actively pursuing innovative cutting tools to address challenges in machining hardened steel, thereby enhancing operational efficiency[72]. - The company plans to enhance its market expansion efforts and aims to build its products into internationally competitive brands[77]. Corporate Governance - The company has not disclosed any special arrangements for corporate governance[9]. - The company emphasizes the importance of understanding the difference between plans, forecasts, and commitments in its forward-looking statements[8]. - The company strictly adhered to insider information management regulations, ensuring no insider trading incidents occurred during the reporting period[126]. - The company held three shareholder meetings during the reporting period, all resolutions were passed legally and effectively[127]. - The company has established a governance structure involving the shareholders' meeting, board of directors, supervisory board, and management, ensuring clear responsibilities and effective operations[174]. Compliance and Risk Management - The company has established a risk management and compliance system, integrating internal control measures to prevent operational risks in subsidiaries[171]. - The company has not faced any penalties from securities regulatory authorities in the past three years[144]. - The company has not been identified as a key greenhouse gas emitter and has implemented measures to reduce emissions through process optimization and equipment upgrades[178][184]. - The company has established a comprehensive investor rights protection system, ensuring accurate and timely information disclosure to safeguard shareholder interests[189]. Employee and Social Responsibility - The total number of employees in the parent company and major subsidiaries is 730, with 408 in production, 62 in sales, 111 in technical roles, 12 in finance, and 137 in administration[153]. - The company has implemented a salary optimization strategy to enhance employee compensation, particularly for technical research and development positions, linking salaries to overall company performance[154]. - The company provided free masks and disinfectants to employees during the COVID-19 pandemic and organized multiple rounds of nucleic acid testing and vaccination[197]. - The company donated 100,000 yuan to charity during the reporting period, reflecting its commitment to social responsibility[188].

证券代码：688028 证券简称：沃尔德 北京沃尔德金刚石工具股份有限公司 2021 年第三季度报告 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。 重要内容提示： 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 北京沃尔德金刚石工具股份有限公司 2021 年第三季度报告 (一)主要会计数据和财务指标 1 / 15 单位：元 币种：人民币 项目 本报告期 本报告期 比上年同 期增减变 动幅度(%) 年初至报告期末 年初至报告期末 比上年同期增减 变动幅度(%) 营业收入 82,349,375.26 28.30 232,689,208.99 36.65 归属于上市公司股东的 净利润 18,923,167.02 30.45 49,611,842.82 20 ...

Dividend Distribution - The company plans to distribute a cash dividend of 2.8 yuan per 10 shares, totaling approximately 22.4 million yuan, which accounts for 72.99% of the net profit attributable to shareholders for the first half of 2021[7]. - The total share capital for the dividend distribution is estimated at 80 million shares, with the actual amount to be confirmed on the dividend record date[7]. - The board of directors has approved the profit distribution plan, which will be subject to shareholder approval at the upcoming general meeting[7]. - The company does not plan to increase share capital from capital reserves or issue bonus shares[110]. - The company's board of directors and supervisory board have approved the profit distribution plan, pending approval from the shareholders' meeting[111]. Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥150.34 million, representing a 41.70% increase compared to ¥106.10 million in the same period last year[24]. - Net profit attributable to shareholders for the first half of 2021 was approximately ¥30.69 million, a 14.42% increase from ¥26.82 million in the previous year[24]. - The basic earnings per share for the first half of 2021 was ¥0.38, up 11.76% from ¥0.34 in the same period last year[22]. - The weighted average return on equity increased by 0.47 percentage points to 3.55% compared to the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately ¥29.34 million, a 16.17% increase from ¥25.25 million in the previous year[24]. - The total assets at the end of the reporting period were approximately ¥910.85 million, a 1.42% increase from ¥898.12 million at the end of the previous year[24]. - The company’s net assets attributable to shareholders increased by 1.74% to approximately ¥858.61 million compared to ¥843.90 million at the end of the previous year[24]. - The company reported a total revenue of 28,790,000.00 RMB for the period, with a net profit of 12,528,355.50 RMB, indicating a strong financial performance[67]. Research and Development - The company's R&D expenses increased by 44.16% compared to the previous year, with R&D investment accounting for 7.33% of operating revenue[25]. - The company has achieved a 44.16% increase in R&D expenditures, totaling ¥11,014,236.60 compared to ¥7,640,509.51 in the previous period[55]. - R&D expenditures accounted for 7.33% of total revenue, reflecting a slight increase of 0.13 percentage points from the previous year[55]. - The company has filed for 23 new patents during the reporting period, bringing the total to 218 patents[51]. - The company is committed to continuous R&D investment to enhance product technology and maintain its competitive edge in the market[82]. Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new product development to meet increasing demand in the consumer electronics and automotive industries[23]. - The company aims to achieve large-scale production of new products and technologies, focusing on photovoltaic glass cutting and aerospace tool development for rapid market penetration[79]. - The company is focusing on expanding its market presence both domestically and internationally, aiming to build a globally competitive brand[73]. - The company plans to establish a European subsidiary to expand its market share, particularly in the electric vehicle sector, and is recruiting top talent from leading tool companies[78]. - The company is targeting market expansion in sectors requiring specialized processing tools, particularly in aerospace and automotive industries[63]. Operational Risks and Governance - The company has outlined various operational risks and corresponding mitigation measures in the report[5]. - The report emphasizes the importance of understanding the differences between plans, forecasts, and commitments, highlighting investment risks[8]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[9]. - There are no violations of decision-making procedures regarding external guarantees[9]. - The company has not disclosed any special arrangements for corporate governance[9]. Environmental and Compliance - The company has obtained ISO 14001:2015 environmental management system certification, covering the design, production, and sales of synthetic diamond tools[115]. - No environmental pollution incidents occurred during the reporting period, and the company did not receive any administrative penalties related to environmental protection[116]. - The company has implemented measures to enhance its environmental standards, including the purchase of dust purification equipment and coolant purification systems[115]. - The company strictly adheres to environmental laws and regulations, obtaining necessary production qualifications and discharge permits[115]. Shareholder and Ownership Structure - The company held a total of two shareholder meetings during the reporting period, with all resolutions passed[104]. - The company appointed new directors and supervisors during the shareholder meeting held on February 5, 2021, following the expiration of the previous board's term[107]. - The largest shareholder, Chen Jifeng, holds 38,196,240 shares, accounting for 47.75% of total shares[159]. - The second-largest shareholder, Yang Nuo, holds 1,427,940 shares, representing 1.78% of total shares[159]. - The total number of shareholders at the end of the reporting period is not specified, but the report indicates significant changes in shareholding structure[158]. Cash Flow and Investments - The net cash flow from operating activities decreased by 8.52% to approximately ¥24.81 million, down from ¥27.12 million in the same period last year[25]. - The company's cash and cash equivalents decreased by 7.73% to ¥388,352,270.98, primarily due to capital expenditures for equipment and project payments[92]. - Inventory increased by 33.87% to ¥83,509,335.89, driven by proactive procurement in response to industry capacity constraints[94]. - The company has a plan to temporarily use idle raised funds for cash management, ensuring no impact on project progress[148]. - The company has approved the use of part of the raised funds for cash management, with a limit not exceeding 2.5 billion yuan[148].

2021 年第一季度报告 1 / 21 公司代码：688028 公司简称：沃尔德 北京沃尔德金刚石工具股份有限公司 2021 年第一季度报告 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 7 | | 四、 | 附录 9 | 2021 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 | 918,281,495.21 | 898,118,779.03 | | | 2.24 | | 归属于上市公司股 | 861,898,488.99 | 843,899,687.06 | | | 2.13 | | 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(%) | | | | 经营活动产生的现 | 13,205,694.04 ...

北京沃尔德金刚石工具股份有限公司 2020 年年度报告 2020 年年度报告 追求卓越争一流 实干笃行谱新篇 ——致股东的一封信 尊敬的各位股东： 感谢大家一直以来对沃尔德及管理层的信任！ 2020 年，是极不平凡的一年，突如其来的新冠肺炎疫情引发全球性综合性危 机，不可避免的给我们短期的经营带来了压力，公司下游消费电子显示行业和汽车 工业行业受到一定冲击，短期市场需求受到压制和延后，公司经营业绩出现了下 滑。沃尔德积极响应国家防疫号召，采取有效的防疫措施，保障了全体员工的健康 安全。同时，通过持续加大研发投入，积极开发新产品，加大重点市场领域的开拓 力度，重塑组织架构、搭建管理平台，为 2021 年快速发展奠定了基础。 2020 年，公司坚持产品及服务定位全球高端刀具市场的经营理念，紧扣客户需 求，继续加大研发资金投入，持续创新、不断迭代，保持技术的先进性和适用性， 力争向全球客户提供高科技高性价比的产品。 1 / 177 2020 年年度报告 公司代码：688028 公司简称：沃尔德 将不断拓宽下游应用行业和市场领域，丰富刀具产品种类，越来越多地为客户提供 切削加工整体解决方案。公司也计划扩充切削刀具品类 ...

北京沃尔德金刚石工具股份有限公司 2020 年第三季度报告 公司代码：688028 公司简称：沃尔德 北京沃尔德金刚石工具股份有限公司 2020 年第三季度报告 1 / 27 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 10 | 北京沃尔德金刚石工具股份有限公司 2020 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 3 / 27 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 892,581,858.97 910,314,153.68 -1.95 归属于上市公司股东的净 资产 831,902,492.38 864,975,466.83 -3.82 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 40,412,091.04 52,891,948.35 -23.60 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 ...

Dividend Distribution - The company plans to distribute a cash dividend of 2.8 yuan per 10 shares, totaling approximately 22.4 million yuan, which accounts for 83.52% of the net profit attributable to shareholders for the first half of 2020[7]. - The total share capital for the dividend distribution is estimated at 80 million shares, subject to adjustment based on the actual share capital on the dividend record date[7]. - The profit distribution proposal has been approved by the board and requires shareholder meeting approval for finalization[7]. - The company distributed cash dividends of ¥52 million during the reporting period, impacting net assets and total assets[24]. - The company plans to distribute cash dividends of no less than 10% of the distributable profits if there are no major investment plans or cash expenditures[115]. - In the absence of significant capital expenditure, the company aims for cash dividends to constitute at least 80% of the profit distribution during mature stages without major spending[115]. - The company will prioritize cash dividends over stock dividends, ensuring that cash flow meets operational and developmental needs[113]. Financial Performance - The company's operating revenue for the first half of 2020 was ¥106,100,463.27, a decrease of 13.61% compared to ¥122,816,044.28 in the same period last year[22]. - The net profit attributable to shareholders decreased by 14.90% to ¥26,820,976.33 from ¥31,515,508.95 year-on-year[24]. - The net cash flow from operating activities fell by 29.36% to ¥27,124,232.54, down from ¥38,398,216.88 in the previous year[22]. - Basic earnings per share decreased by 35.85% to ¥0.34 from ¥0.53 in the same period last year[23]. - The company's total assets decreased by 3.44% to ¥878,958,763.62 from ¥910,314,153.68 at the end of the previous year[22]. - The proportion of R&D investment to operating revenue increased by 1.57 percentage points to 7.20% compared to 5.63% in the previous year[23]. - The weighted average return on net assets decreased by 5.80 percentage points to 3.08% from 8.88% year-on-year[23]. - The net assets attributable to shareholders decreased by 2.91% to ¥839,796,443.16 from ¥864,975,466.83 at the end of the previous year[22]. - The company reported a total revenue of 17,240,000.00 RMB for the first half of 2020, with a net profit of 9,343,942.58 RMB, indicating a significant performance in the market[60]. - The company achieved operating revenue of CNY 106.10 million, a decrease of 13.61% compared to the same period last year due to reduced demand from domestic and international customers caused by the pandemic[72]. - The net profit attributable to the parent company was CNY 26.82 million, down 14.90% year-on-year, reflecting the adverse impact of COVID-19 on operations[72]. Research and Development - The company focuses on the research, production, and sales of ultra-high precision and high precision superhard tools and materials, including diamond tools for the display and semiconductor industries, and superhard cutting tools for automotive and aerospace sectors[32]. - The company is prioritizing the development of functional CVD diamond materials, transitioning from a reserve project to a key development project to capitalize on historical growth opportunities in high-end materials[40]. - The total R&D investment for the period was ¥7,640,509.51, representing 7.20% of the operating revenue[48]. - The company has ongoing projects with a total expected investment of ¥1,310,000 for a PCBN blade, with current investment at ¥635,523.28[52]. - The company has developed a new type of PCD drill bit with a micro-drill tip, achieving a production efficiency improvement and cost reduction, with a diameter tolerance controlled within 5 microns[54]. - The company has developed a new diamond polishing fixture that significantly improves polishing efficiency and reduces processing costs, representing a major advancement in product technology[58]. - The company has obtained 15 patents during the reporting period, including 10 utility model patents[45]. - The company has accumulated 189 patents, including 28 invention patents, showcasing its commitment to R&D and technological advancement[66]. Operational Risks and Governance - The company has outlined various operational risks in the report, emphasizing the importance of risk awareness for investors[4]. - The report includes a forward-looking statement risk declaration, advising investors to maintain adequate risk awareness regarding future plans[9]. - The company has not disclosed any special arrangements for corporate governance[8]. - The report indicates that the financial statements have not been audited, but management has confirmed their accuracy and completeness[6]. - The company does not have any non-operating fund occupation by controlling shareholders or related parties[10]. - There are no violations of decision-making procedures regarding external guarantees[10]. Market and Product Development - The ultra-hard tool market is experiencing steady growth, with an increasing market share of ultra-hard tools at the expense of traditional hard tools, driven by advancements in high-end manufacturing[39]. - New product developments include a diamond tool for ultra-thin LTPS LCD panel cutting, which enhances cutting quality and is currently in the trial production phase[41]. - The company is focusing on enhancing product efficiency and quality through its R&D efforts[52]. - The company is developing a laser grinding machine process that aims to improve the quality of tool edges, enhancing overall product competitiveness[60]. - The company is actively enhancing its brand recognition and service quality, establishing a solid market reputation through its "WORLDIA" brand[71]. Shareholder and Stock Information - The company held a shareholders' meeting on May 11, 2020, to approve the dividend distribution plan, which complies with relevant laws and regulations[94]. - Shareholders are restricted from transferring or managing their shares for 12 months post-IPO, with an automatic extension of 6 months if the stock price falls below the IPO price for 20 consecutive trading days[102][104]. - The company emphasizes maintaining strategic stability and will only reduce shares for financial arrangements, with prior announcements required[106]. - The company has a commitment to transparency and timely disclosure of any share reduction activities[107]. - The company has committed to minimizing related party transactions and ensuring fair pricing in unavoidable transactions[118]. Environmental Compliance - The company has complied with environmental protection laws and has not experienced any pollution incidents or administrative penalties during the reporting period[129]. - The company has obtained ISO 14001:2015 environmental management system certification, covering the design, production, and sales of synthetic diamond tools[129]. - The company has implemented various environmental protection facilities, including smoke purification and coolant purification systems[129]. Financial Position and Assets - The company's cash and cash equivalents at the end of the period reached RMB 439.31 million, representing 49.98% of total assets, a significant increase of 945.41% compared to RMB 42.02 million in the same period last year[86]. - The company's fixed assets amounted to RMB 181.65 million, accounting for 20.67% of total assets, with a year-on-year increase of 31.23% due to the construction of factories and the purchase of production equipment[86]. - The company's current assets totaled RMB 588,556,689.00, down from RMB 665,845,415.37 at the end of 2019, indicating a decrease of about 11.6%[157]. - The total liabilities decreased to RMB 39,162,320.46 from RMB 45,338,686.85, a reduction of about 13.5%[158]. - The company reported a significant decrease in accounts payable, with a reduction of 37.11% year-on-year, primarily due to a decrease in payable value-added tax[86].

Financial Performance - Operating revenue for the first quarter was ¥46,613,814.74, a decrease of 20.18% year-on-year[7]. - Net profit attributable to shareholders was ¥10,996,867.22, down 22.39% from the same period last year[5]. - Basic and diluted earnings per share were both ¥0.14, representing a decline of 41.67% compared to the previous year[7]. - Total operating revenue for Q1 2020 was ¥46,613,814.74, a decrease of 20.2% compared to ¥58,396,888.47 in Q1 2019[27]. - Total operating costs for Q1 2020 were ¥35,234,550.22, down 20.2% from ¥44,129,178.62 in Q1 2019[27]. - Net profit for Q1 2020 was ¥10,996,867.22, representing a decline of 22.8% from ¥14,169,826.67 in Q1 2019[29]. - Operating profit for Q1 2020 was ¥13,113,367.66, a decrease of 19.0% compared to ¥16,344,153.50 in Q1 2019[27]. - The total profit for Q1 2020 was ¥12,974,319.37, a decrease of 20.5% from ¥16,357,413.51 in Q1 2019[29]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥917,794,896.38, an increase of 0.82% compared to the end of the previous year[5]. - Total assets increased to ¥917,794,896.38 from ¥910,314,153.68, reflecting a growth of approximately 0.54%[20]. - Current liabilities decreased to ¥41,822,562.33 from ¥45,338,686.85, a reduction of about 7.5%[21]. - Non-current assets totaled ¥267,203,672.47, up from ¥244,468,738.31, indicating an increase of approximately 9.25%[20]. - Total liabilities decreased, with a notable reduction in other payables by 94.17% to ¥20,552.49, reflecting timely reimbursements of travel expenses[16]. - The total liabilities and shareholders' equity amounted to ¥917,794,896.38, consistent with total assets, confirming the balance sheet integrity[21]. Cash Flow - The company's cash and cash equivalents increased to ¥500,752,774.01 as of March 31, 2020, compared to ¥437,794,276.43 at the end of 2019, reflecting a growth of 14.99%[19]. - Net cash flow from investing activities was ¥68,791,576.99, a substantial improvement compared to a negative cash flow of ¥13,258,822.50 in the same period last year[18]. - Cash inflow from operating activities in Q1 2020 was CNY 59,780,314.76, a decrease of 11.5% compared to CNY 67,532,754.63 in Q1 2019[34]. - Net cash flow from operating activities for Q1 2020 was CNY 10,545,722.90, slightly up from CNY 10,276,418.07 in Q1 2019[35]. - Total cash inflow from investment activities in Q1 2020 reached CNY 433,389,457.29, significantly higher than CNY 1,580,000.00 in Q1 2019[35]. - The net increase in cash and cash equivalents for Q1 2020 was CNY 79,413,967.64, compared to a decrease of CNY 202,230.02 in Q1 2019[36]. Research and Development - Research and development expenses accounted for 7.48% of operating revenue, an increase of 1.45 percentage points year-on-year[7]. - Research and development expenses for Q1 2020 were ¥3,484,749.11, slightly down from ¥3,523,678.72 in Q1 2019[27]. Strategic Initiatives - The company plans to strengthen communication with domestic and international customers to ensure timely and high-quality delivery of orders[8]. - Focus will be placed on expanding into aerospace and electronic information sectors to cultivate new revenue growth points[8]. - The company aims to accelerate the development and commercialization of new products and technologies to maintain a leading position in the market[8]. - The company did not report any significant changes in its strategic direction or new product developments during this quarter[18]. Shareholder Information - As of the end of the reporting period, the total number of shareholders was 7,755[14]. - Shareholders' equity increased to ¥875,972,334.05 from ¥864,975,466.83, reflecting a growth of about 1.26%[21].

Dividend Distribution - The company plans to distribute a cash dividend of 6.5 yuan per 10 shares, totaling approximately 52 million yuan, which represents 86.64% of the net profit attributable to shareholders for 2019[5]. - The total share capital for the dividend calculation is based on 80 million shares, subject to adjustment based on the actual number of shares on the dividend record date[5]. - The company does not plan to increase capital reserves or issue bonus shares, with remaining undistributed profits carried forward to the next fiscal year[5]. - The company’s board of directors has approved the profit distribution plan, pending approval from the shareholders' meeting[5]. - The cash dividend proposal for 2019 has been approved by the board and requires shareholder approval at the upcoming general meeting[138]. - The company has maintained a consistent cash dividend policy, with previous distributions of RMB 1.66 per share in 2018 and RMB 3.5 per share in 2017[139]. - The company’s cash dividend distribution plan is aligned with the guidelines set by the China Securities Regulatory Commission and the Shanghai Stock Exchange[136]. - The company commits to distributing cash dividends of no less than 10% of the distributable profits for the year, provided there are no significant investment plans or cash expenditures[150]. - The company will distribute dividends at least once a year, subject to meeting the necessary conditions[150]. Financial Performance - The company's operating revenue for 2019 was CNY 255,014,004.76, a decrease of 2.76% compared to 2018[20]. - Net profit attributable to shareholders decreased by 9.47% to CNY 60,021,564.87, while the net profit after deducting non-recurring gains and losses fell by 18.49% to CNY 50,985,332.26[22]. - The net cash flow from operating activities increased by 30.43% to CNY 82,897,770.47, attributed to improved collection of accounts receivable and reduced inventory[22]. - The company's total assets at the end of 2019 reached CNY 910,314,153.68, a significant increase of 138.82% from the previous year[20]. - The net assets attributable to shareholders increased by 150.25% to CNY 864,975,466.83, primarily due to the successful issuance of new shares[23]. - Basic and diluted earnings per share decreased by 20% to CNY 0.88, while the basic earnings per share after deducting non-recurring gains and losses fell by 27.88% to CNY 0.75[21]. - The company reported total sales revenue of CNY 20,980,000.00 and a net profit of CNY 17,483,002.37 for the year 2019, reflecting a significant increase in performance compared to the previous year[67]. - The company achieved a revenue of 255.01 million yuan in 2019, a decrease of 2.76% compared to the previous year[79]. - The net profit attributable to the parent company was 60.02 million yuan, down 9.47% year-on-year[79]. Research and Development - The company's R&D expenditure accounted for 6.86% of operating revenue, an increase of 0.51 percentage points compared to 2018[21]. - The total R&D expenditure for the period was ¥17,483,002.37, representing 6.86% of the company's operating revenue[59]. - The company has 102 R&D personnel, accounting for 16.59% of the total workforce[59]. - The company has accumulated 52 domestic and international patents during the reporting period, including 6 invention patents and 37 utility model patents, bringing the total to 171 patents as of December 31, 2019[55]. - The company is focusing on R&D for CVD diamond products, which have applications in various fields including semiconductor, optical, and medical devices[48][50]. - The company has completed several R&D projects, enhancing its competitive edge in the diamond tool market[62]. - The company is actively developing high-precision tools for PCB processing to meet the increasing demand for micro-drilling tools, aiming to replace foreign imports and reduce tool consumption in the PCB industry[47]. - The company is working on a micro PCD drill for high-quality drilling in semiconductor materials, positioning itself at the forefront of industry technology[65]. Market Strategy and Expansion - The company plans to enhance its market expansion and product development strategies in response to the challenges faced in the consumer electronics and automotive industries[22]. - The company aims to expand its market presence by enhancing its product offerings and improving manufacturing capabilities[32]. - The company plans to explore strategic partnerships and potential acquisitions to drive growth and market expansion[32]. - The company is focusing on expanding its market share in new sectors such as automotive glass and medical glass, while also investing in new product and technology development[86]. - The company is actively seeking to optimize its supply chain management to mitigate risks from rising raw material costs, which are significant to its main business costs[88]. - The company has established long-term relationships with qualified suppliers for raw materials, ensuring a stable supply chain for PCD and PCBN composite materials[36]. - The company has established a project department for aerospace tools, focusing on the development and sales of tools for aircraft components, indicating a strategic expansion into the aerospace market[47]. Operational Risks and Governance - The company has detailed various operational risks and corresponding countermeasures in the report, emphasizing the importance of risk awareness for investors[4]. - The audit report issued by Tianjian Accounting Firm confirms the financial statements are accurate and complete, with no significant omissions[4]. - The company has not engaged in any non-operational fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures regarding external guarantees[7]. - The company has implemented 16 management system revisions to enhance governance and ensure compliance with relevant laws and regulations[84]. - The company is addressing potential management risks associated with rapid business expansion by improving internal control systems and management frameworks[88]. - The company has a strong commitment to product safety, ensuring that no substandard products are produced or sold, in compliance with relevant laws and regulations[180]. Shareholder Commitments and Compliance - The company has a clear plan for the use of undistributed profits, focusing on long-term development while considering shareholder interests[141]. - The company reported a commitment from actual controller Yang Nuo to support business development and adhere to share lock-up commitments, with a maximum of 25% of shares allowed for transfer in the two years following the lock-up period[143]. - Shareholders Li Shuhui and Tang Wenlin committed to not transferring shares for 12 months post-IPO and to extend the lock-up period by 6 months if share prices fall below the IPO price for 20 consecutive trading days[144]. - The company will announce any share transfers three trading days in advance, ensuring compliance with securities regulations[143]. - The company has established a policy that any share transfers by executives during their tenure cannot exceed 25% of their total holdings annually[144]. - The company has a structured approach to managing share transfers to maintain investor confidence and regulatory compliance[143]. - The company emphasizes adherence to legal and regulatory requirements regarding share transfers and disclosures[143]. Environmental and Social Responsibility - The company has obtained ISO 14001:2015 environmental management system certification, ensuring compliance with environmental protection laws and regulations[182]. - The company has invested in pollution control equipment, such as smoke purification and coolant purification systems, to enhance environmental standards in production[182]. - The company actively participates in social responsibility initiatives, including establishing scholarships at several universities to support education[181]. Financial Management and Cash Flow - The company reported a substantial increase in cash and cash equivalents, reaching CNY 437,794,276.43, which constitutes 48.09% of total assets, primarily due to funds raised from the listing on the Sci-Tech Innovation Board[70]. - The company utilized a total of RMB 1.19 billion in cash management, with RMB 100 million from self-owned funds and RMB 319 million from temporarily idle raised funds[165]. - The company approved the use of up to RMB 335 million of temporarily idle raised funds for cash management, ensuring no impact on project progress or normal operations[165]. - The company has not reported any overdue amounts in its cash management activities[165]. Corporate Structure and Share Capital - As of December 31, 2019, the company had a total share capital of 80 million shares after a public offering of 20 million shares[187]. - The company’s stock structure includes 61,256,721 restricted shares and 18,743,279 unrestricted shares, with a significant portion held by domestic natural persons[185]. - The company approved the public issuance of 20,000,000 A-shares, representing 25.00% of the total share capital after the change, with a fundraising total of RMB 533,600,000[188]. - The total share capital increased to 80,000,000 shares, with a capital reserve increase of RMB 449,271,143.44[195]. - The total number of ordinary shareholders increased from 7,755 to 8,527 during the reporting period[196].

2019 年第三季度报告 公司代码：688028 公司简称：沃尔德 北京沃尔德金刚石工具股份有限公司 2019 年第三季度报告 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 | 884,115,284.76 | 381,168,053.87 | 131.95% | | 归属于上市公司 | 849,519,688.40 | 345,642,758.52 | 145.78% | | 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(%) | | | （1-9 月） | （1-9 月） | | | 经营活动产生的 | 52,891,948.35 | 42,077,966.21 | 25.70% | | 现金流量净额 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减 | | | （1-9 月） | （1-9 月） | （%） | | 营业收入 | 184,871,676.73 ...