证券代码：000012、200012 证券简称：南玻 A、南玻 B 编号：20160425 中国南玻集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|---------------------------------|---------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 元大证券 陈龙辉 | | | 人员姓名 | 元大证券 缪盈盈 | | | | 元大证券 张哲元 | | | | 元大证券（上海） 宋劲 | | | | 元大证券（韩国） 鲜于震 | | | | 元大证券（韩国） 李龙澈 | | | | 新光人寿保险股份有限公司 陈奂文 | | | | 新光人寿保险股份有限公司 马宗裕 | | | | 华南永昌投信 许志刚 | | | | 中国人寿保险股 ...

Production Capacity and Market Demand - The production capacity of the new line in Qingyuan is expected to be 1 million m² per month once it reaches mass production [2] - Currently, there are no domestic companies capable of producing this type of high-alumina glass, which primarily relies on imports to meet domestic demand [2] - The market share of Japanese products in this category is significant, with Corning holding a higher market share compared to Asahi Glass [2] Financial Performance and Profitability - The profitability of high-alumina glass will depend on the comprehensive cost and pricing after mass production [2] - The company experienced losses during the trial operation phase last year, but commercial operation is expected to enhance profitability [2] Strategic Investments and Governance - Qianhai Life has expressed confidence in the company's future development and has appointed three directors to the board [3] - The company is currently awaiting regulatory approval for its private placement, with no specific timeline available [3] Production and Inventory Management - The production capacity for ultra-thin glass is approximately 30,000 tons at Hebei Shiwang and 35,000 tons at Yichang Optoelectronics, with the company holding a 44% stake in Yichang [3] - The company maintains good inventory control, although there may be slight fluctuations due to the Spring Festival [4] Cost Management and Market Adaptation - Natural gas accounts for about 35% of the production cost of float glass, and the company is implementing various measures to reduce costs, such as lowering energy consumption and improving product yield [5] - The company is focusing on differentiated operations in response to the real estate market's impact, including transitioning to industrial glass and developing new products [6] Export and Market Reach - The company's engineering glass is exported to various regions, including Australia, Southeast Asia, Japan, South Korea, the Middle East, India, Canada, and Congo, with exports accounting for less than 10% of total sales [5][6] Future Plans and Share Structure - The company plans to convert B shares to H shares after completing a non-public issuance of A shares, aiming to enhance liquidity in the H share market [6]

证券代码：000012、200012 证券简称：南玻 A、南玻 B 编号：20160822 中国南玻集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-----------------------|---------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 国泰君安 戚舒扬 | | | 人员姓名 | 华泰证券 赵衡、黄骥 | | | | 兴业证券 李华丰 | | | | 国金证券 孙蔚 | | | | 鹏华基金 王海青、蒋鑫 | | | | 海通证券 钱佳佳 | | | | 景顺长城 余捷涛、黄瑜 | | | | 华福证券 熊梅 | | | | 金元证券 程晨 | | | | 东北证券 邹兰兰 | | | | 清水源投资 邱波 | | | | 鑫鼎基金 ...

Financial Performance - In 2015, the company achieved a revenue of 7.4 billion CNY and a net profit of 620 million CNY, with a net profit of 299 million CNY after deducting non-recurring gains and losses [2] - The company faced significant pressure due to the overall macroeconomic situation and industry challenges, with the float glass industry experiencing losses [2] Industry Outlook - The company anticipates continued pressure in the operating environment for the current year, with issues of overcapacity in the industry not fully resolved [2] - Confidence remains in the company's performance due to factors such as extending the industrial chain into photovoltaic power stations and cost reductions from natural gas price declines [2] Production and Capacity - The company’s production line in Qingyuan is currently in trial production, with plans to stabilize production before transitioning to formal operations [2] - The Qingyuan line has a capacity of 1 million square meters per month [4] Product Specifics - The company primarily produces processed and coated solar glass, accounting for over 70% of its output [3] - The profit margin for sodium-calcium ultra-thin glass has decreased, particularly for the 1.1mm product, which now has a margin of less than 20% [4] Natural Gas Usage - Natural gas constitutes approximately 30%-40% of the cost for float glass production [5] - The company has long-term supply contracts for natural gas, with prices adjusted according to market and policy changes [2] Investment and Expansion - The company is awaiting regulatory approval for a capital increase, with a proposed issue price of 8.89 CNY per share [4] - The company’s hollow LOW-E glass production capacity stands at 13.2 million square meters, with plans to focus on differentiated products due to market overcapacity [5]

Group 1: Company Overview - China Southern Glass Group Co., Ltd. was listed in 1992 and operates in four main sectors: float glass, engineering glass, solar glass, and ultra-thin glass & display devices [2] - The float glass sector contributes 40% to the company's overall profits, while the engineering glass sector, being a traditional strength, holds a market share of 30% [2] - The solar glass sector has seen a profit decline due to falling prices of polysilicon and silicon wafers, accounting for 30% of total profits [2] Group 2: Strategic Focus and Management - The company has established a strategic plan focusing on "management enhancement, industry integration, and the Belt and Road Initiative" [2] - The management aims to maintain core business while expanding market share through mergers and acquisitions and extending the industrial chain [2] Group 3: Shareholder and Incentive Plans - The major shareholders have no current plans for share reduction and view their investments in Southern Glass as long-term strategic commitments [3] - The company is considering stock incentive plans to ensure long-term stability and effective talent motivation [3] Group 4: Financing and Investment Strategies - Southern Glass is actively pursuing the issuance of corporate bonds and short-term financing tools to address funding gaps for future investments [3] - The company is also exploring other financing arrangements to support its development needs [3] Group 5: Research and Development - The company places significant emphasis on R&D, with dedicated research institutes and a focus on attracting high-end talent globally [4] - The management has clarified its development goals, aiming to enhance the company's industry position while stabilizing personnel and management relationships [4] Group 6: Production and Market Performance - The ultra-thin glass production line in Qingyuan has shown improvements in product yield, technology enhancement, and market expansion [5]

证券代码：000012、200012 证券简称：南玻 A、南玻 B 编号：20200612 中国南玻集团股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|-------------------------|---------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 东方证券 江剑 | | | 人员姓名 | 国海证券 傅鸿浩 应鹏飞 | | | | 长城证券 濮阳 | | | | 景顺长城 韩挺 | | | | 融通基金 任涛 | | | | 中信建投证券 杨欣达 | | | | 中银国际证券 余斯杰 | | | 时间 | 2020 年 6 月 12 | 14:00 | | 地点 | 通过现场会议方式 | | | 上市公司接待人 | 董事会秘书杨昕宇 | | ...

Group 1: Company Overview - China Southern Glass Group was established in 1984 and listed on the Shenzhen Stock Exchange in 1992, producing the first batch of coated hollow glass in China in 1991 [2] - The company operates three main industrial chains: energy-saving glass, electronic glass, and solar energy, with four main business segments including flat glass, engineering glass, electronic glass, and solar photovoltaic products [2] - The company has production bases in North China, East China, Central China, South China, and Southwest China, and emphasizes R&D innovation and technology advancement [2] Group 2: Production and Capacity - The company currently operates three production lines for electronic glass, each with an annual capacity of approximately 10,000 tons, holding over 50% market share in ultra-thin electronic glass [3] - In 2018, the company expects limited recovery in production lines due to strict environmental and capacity controls, maintaining production levels similar to the previous year [3] - The company has two production lines for ultra-white glass located in Hebei and Xianning [4] Group 3: Raw Material Consumption and Pricing - The company leads the industry in energy management and production process management, with low consumption levels for raw materials and natural gas [3] - The price of soda ash is currently high but is expected to decline, while quartz sand prices have slightly increased but remain within normal fluctuation ranges [4] Group 4: Market Strategy and Future Plans - The company emphasizes a differentiated competitive strategy in its product offerings, particularly in the silver-coated glass segment, where price differences are significant due to technological advantages [4] - Future expansion will focus on the electronic glass sector, aiming to strengthen production capacity and technological advantages, while the solar energy segment will prioritize upstream high-purity polysilicon preparation [5] - There are currently no expansion plans for engineering glass due to existing overcapacity in that segment [4]

证券代码：000012、200012 证券简称：南玻 A、南玻 B 中国南玻集团股份有限公司投资者关系活动记录表 编 号 ： 20201109 | --- | --- | --- | |----------------|-------------------------|---------------------------------| | | | | | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 西部证券 胡琎心、杨敬梅 | | | 人员姓名 | 兴证全球基金 马思源 | | | | 睿郡资产 张增超 | | | | 唯德投资 王晓冬、杨青海 | | | | 恒泰证券 陈学贺 | | | | 南方基金 余一鸣 | | | | 深圳海富凌资本 陈凌 | | | | 深圳前海晟贝乐投资 陈取 | | | | 狐尾松资产 林哲民、周伟 | | | | 谢诺投资 梁文杰 | ...

证券代码：000012、200012 证券简称：南玻A、南玻 B 中国南玻集团股份有限公司投资者关系活动记录表 编号：20210706 | --- | --- | --- | |----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 4,284,558,670, representing a year-on-year increase of 17.97%[2] - The net profit attributable to shareholders for Q3 2022 was CNY 649,353,658, a significant increase of 312.78% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 593,590,206, up 336.67% year-on-year[2] - The basic earnings per share for Q3 2022 was CNY 0.21, reflecting a 320% increase compared to the same period last year[2] - The net profit for Q3 2022 was CNY 1,658,822,608, an increase of 7.9% compared to CNY 1,537,332,314 in Q3 2021[19] - The operating profit for Q3 2022 was CNY 1,931,003,409, up from CNY 1,884,079,009 in the same period last year, reflecting a growth of 2.5%[19] - The total comprehensive income for Q3 2022 was CNY 1,672,689,600, compared to CNY 1,538,747,367 in Q3 2021, marking an increase of 8.7%[19] Assets and Liabilities - The total assets at the end of Q3 2022 reached CNY 24,859,980,649, an increase of 24.68% from the end of the previous year[2] - The company's total liabilities amounted to RMB 11.86 billion, up from RMB 8.07 billion in the previous period[18] - The company reported a net asset value of RMB 1.25 billion as of September 30, 2022, representing a 31.18% increase from the previous year-end[14] - The company's total equity attributable to shareholders increased to CNY 12,474,542,422, a rise of 9.14% from the end of the previous year[2] Cash Flow and Investments - Cash flow from operating activities for the year-to-date period was CNY 1,618,610,807, down 38.58% year-on-year[2] - Cash flow from operating activities generated a net amount of CNY 1,618,610,807, down from CNY 2,635,490,553 in the previous year[21] - The cash and cash equivalents at the end of Q3 2022 totaled CNY 4,022,830,583, an increase from CNY 1,869,641,737 at the end of Q3 2021[21] - The company experienced a 196% increase in investment income, reaching CNY 26,097,782 for the year-to-date period[5] - The company reported an increase in investment income due to a rise in structured deposit returns[9] Inventory and Borrowings - The company reported a significant increase in inventory, which rose by 61% to CNY 1,759,315,047, attributed to increased material reserves[4] - Long-term borrowings increased by 193% to CNY 4,303,893,521, primarily due to project financing[5] - The company’s inventory increased to RMB 1.76 billion as of September 30, 2022, compared to RMB 1.09 billion at the beginning of the year[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 173,339[10] - The largest shareholder, Qianhai Life Insurance Co., Ltd., held 15.19% of the shares, totaling 466,386,874 shares[10] Financing Activities - The company has registered for the issuance of short-term financing bonds with a total amount not exceeding 1.5 billion RMB[13] - The company also registered for the issuance of medium-term notes with a total amount not exceeding 2 billion RMB[13] - The company plans to issue short-term financing bonds based on actual funding needs and market conditions[13] - The company plans to issue A-share convertible bonds with a total amount not exceeding RMB 2.8 billion, with a maturity of 6 years[14] - The company issued a total of RMB 2 billion in bonds with a 6% interest rate, maturing on March 25, 2023[14] Other Income and Expenses - The company incurred financial expenses of CNY 105,988,065, a decrease from CNY 119,273,805 in Q3 2021[19] - Research and development expenses increased to CNY 433,359,500, a rise of 17% from CNY 370,688,508 in Q3 2021[19] - Other income rose due to an increase in deferred income amortization from some subsidiaries[9] - Asset impairment losses decreased compared to the same period last year, reflecting prior year provisions for long-term asset impairment[9] - The company recorded an increase in asset disposal gains from the disposal of assets by certain subsidiaries[9] - The company’s other comprehensive income after tax increased due to changes in foreign currency translation differences[9]