Financial Performance - The company reported significant financial challenges, including a total of CNY 5.151 billion in bond defaults and related litigation amounts[6]. - The company’s financial report was issued with a qualified audit opinion by the auditing firm[6]. - The company's operating revenue for 2019 was ¥17,528,752,785.80, a decrease of 37.87% compared to ¥28,211,700,021.12 in 2018[30]. - The net profit attributable to shareholders for 2019 was -¥1,523,458,244.39, representing a decline of 170.41% from ¥2,163,607,505.39 in 2018[30]. - The net cash flow from operating activities for 2019 was -¥3,012,699,649.36, a significant drop of 875.96% compared to ¥388,252,004.52 in 2018[30]. - The total assets at the end of 2019 were ¥67,760,453,707.95, down 6.64% from ¥72,576,122,859.60 at the end of 2018[30]. - The company reported a basic earnings per share of -¥0.27 for 2019, a decrease of 171.05% from ¥0.38 in 2018[30]. - In 2019, the company achieved a revenue of RMB 17.529 billion, with a net profit attributable to shareholders of RMB -1.523 billion, representing a year-on-year decline of 170.41%[66]. Business Operations and Strategy - The company has not disclosed any new product developments or market expansion strategies in the report[6]. - The company is focusing on expanding its market presence in the graphene technology application field, collaborating with the University of Manchester for new product development[43]. - The company aims to enhance brand recognition in the new energy vehicle sector despite the overall low performance in the automotive market[43]. - The company continues to develop new materials in the optoelectronic display sector, including cover glass and optical films, to strengthen its industry position[43]. - The company has maintained stable growth in its auxiliary construction and installation business[43]. - The company is focusing on high-end equipment manufacturing, being the only domestic enterprise with complete production technology for LCD glass substrates[50]. - The company is enhancing its electronic communication business by integrating resources from its optical display materials and high-end equipment sectors to provide customized products[55]. - The company is actively expanding into the new energy vehicle and graphene sectors, aiming to create a closed-loop industry chain from high-end materials to graphene-based lithium-ion batteries[61]. Investment and Financial Management - The company has increased its intangible assets by 26.76% compared to the beginning of the period, primarily due to internal R&D transfers[56]. - Development expenditures have surged by 882.9% compared to the beginning of the period, reflecting increased internal R&D investments[56]. - The company has reported an asset impairment loss of -CNY 1,770,226,278.03, which accounted for 143.80% of total profit[104]. - The company completed several new investments in optical display materials, totaling 1,800 million CNY, with 100% ownership in each venture[113]. - The company has ongoing projects in the optical film sector, with a total investment of 42 million CNY in Suzhou Tengda Optical Technology Co., Ltd., resulting in a loss of about 29.11 million CNY[116]. - The total amount raised through various funding methods in 2019 was approximately 2,280.9 million CNY, with a cumulative loss of 21.81 million CNY reported[116]. - The company plans to utilize the remaining funds from previous fundraising efforts to supplement working capital, as the balance of funds raised in 2013 is below 5 million CNY[121]. Market Challenges and Risks - The company faced a significant decline in revenue across all business segments due to external factors such as US-China trade tensions and reduced subsidies for new energy vehicles[74]. - The company anticipates challenges in the new energy vehicle market due to subsidy reductions, but aims to leverage its strengths in battery preparation and intelligent technology[152]. - The company faces risks from intensified US-China trade tensions, which could adversely impact overseas sales and operational performance if the situation escalates[157]. - The global spread of COVID-19 poses significant macroeconomic risks, potentially leading to supply chain disruptions and a decline in company performance if the pandemic continues[157]. - The company's core industry, TFT-LCD glass substrates, is subject to cyclical fluctuations, which may affect market conditions and ultimately impact revenue and profitability[158]. Shareholder and Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares for the year[10]. - In 2018, the company distributed cash dividends of 0.70 CNY per 10 shares, totaling 401,117,508.26 CNY, which accounted for 18.54% of the net profit attributable to ordinary shareholders[173]. - The cash dividend policy has been executed in compliance with the company's articles of association and shareholder resolutions[172]. - The company has maintained a consistent cash dividend distribution policy over the past three years, with no capital reserve increases during this period[172]. - The independent directors have fulfilled their responsibilities regarding the cash dividend policy[172]. Corporate Governance and Compliance - The company guarantees not to engage in transactions with Dongxu Optoelectronics that are significantly unfair compared to market prices, protecting the interests of Dongxu Optoelectronics and its shareholders[193]. - The company will independently exercise shareholder rights and will not enter into any concerted action agreements with other shareholders of Dongxu Optoelectronics in the future[199].

Financial Performance - The company's operating revenue for Q1 2020 was ¥1,030,628,692.95, a decrease of 72.99% compared to ¥3,816,412,812.51 in the same period last year[9] - The net profit attributable to shareholders was -¥332,074,298.57, representing a decline of 177.04% from ¥431,060,886.41 in the previous year[9] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥354,123,553.35, down 189.41% from ¥396,063,134.95 year-on-year[9] - The basic earnings per share were -¥0.06, a decline of 175.00% from ¥0.08 in the previous year[9] - The company reported a net loss of CNY 319,910,284.24 for the quarter, compared to a profit of CNY 569,601,743.61 in the same period last year[53] - The net profit for the current period is -333,342,592.23, compared to a profit of 450,694,729.19 in the previous period, indicating a significant decline[56] - The total comprehensive income for the current period is -333,342,592.23, compared to 450,694,729.19 in the previous period, highlighting a drastic drop in overall financial health[56] Cash Flow - The net cash flow from operating activities was ¥159,026,281.37, a decrease of 75.10% compared to ¥638,683,628.95 in the same period last year[9] - The cash flow from operating activities is 159,026,281.37, down from 638,683,628.95 in the previous period, indicating a decline in cash generation[67] - The cash inflow from operating activities totaled 1,992,628,243.78, compared to 6,336,121,349.58 in the previous period, indicating a sharp decline in cash inflows[67] - The net cash flow from financing activities was -186,038,490.33, compared to 1,617,527,378.45 in the previous period, indicating a significant decrease[71] - The cash and cash equivalents at the end of the period amounted to 7,893,456,858.56, down from 17,046,291,182.81 in the previous period[71] Assets and Liabilities - Total assets at the end of the reporting period were ¥70,212,669,842.89, an increase of 0.84% from ¥69,628,320,928.19 at the end of the previous year[9] - Total liabilities increased to ¥38,552,910,871.49 from ¥37,636,133,548.88, an increase of 2.43%[39] - The total assets of the company reached CNY 45,695,865,330.08, slightly up from CNY 45,646,185,946.49 at the end of the previous year[49] - Total liabilities increased to CNY 18,288,499,122.35 from CNY 18,047,119,394.44[49] - Total liabilities amount to CNY 37,636,133,548.88, with current liabilities at CNY 31,853,612,261.23[82] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 406,749, with 389,995 A-share holders and 16,754 B-share holders[12] - The top shareholder, Dongxu Group Co., Ltd., held 15.97% of the shares, amounting to 915,064,091 shares[12] - The net assets attributable to shareholders were ¥30,684,717,024.74, a decrease of 1.08% from ¥31,020,123,473.81 at the end of the previous year[9] - The total equity attributable to shareholders is CNY 31,020,123,473.81, while total equity amounts to CNY 31,992,187,379.31[82] Operational Costs - Operating costs decreased by 69.65% to ¥869,978,952.06 from ¥2,866,380,893.72, reflecting the reduction in revenue[20] - The company reported a significant increase in management expenses to 2,048,746.13 from 6,035,848.15 in the previous period, indicating higher operational costs[60] Government Subsidies - The company received government subsidies amounting to ¥34,798,415.75 during the reporting period[9] - Other income decreased by 27.84% to ¥76,186,615.30 from ¥105,585,373.30, primarily due to a reduction in government subsidies[20]

东旭光电科技股份有限公司 2019 年第三季度报告全文 东旭光电科技股份有限公司 2019 年第三季度报告 2019 年 10 月 1 东旭光电科技股份有限公司 2019 年第三季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王立鹏、主管会计工作负责人冯秋菊及会计机构负责人(会计主 管人员)王仓声明：保证季度报告中财务报表的真实、准确、完整。 2 东旭光电科技股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | |---------------------------------------------------------------|-------------------|------------------------------- ...

Financial Performance - The company reported a total revenue of 1.5 billion RMB for the first half of 2019, representing a year-on-year increase of 15%[19] - The net profit attributable to shareholders was 200 million RMB, up 10% compared to the same period last year[19] - The company's operating revenue for the reporting period was ¥8,475,089,222.93, a decrease of 23.85% compared to the same period last year[26] - The net profit attributable to shareholders was ¥844,176,169.98, down 1.65% year-on-year[26] - The net profit after deducting non-recurring gains and losses was ¥778,095,326.66, reflecting a decline of 4.10% compared to the previous year[26] - The company achieved a revenue of 8.475 billion yuan and a net profit of 844 million yuan in the first half of 2019[57] - The company's revenue for the reporting period was approximately ¥8.48 billion, a decrease of 23.85% compared to ¥11.13 billion in the same period last year[66] - The company's operating costs decreased by 27.16% to approximately ¥6.57 billion from ¥9.02 billion year-on-year[66] Investment and R&D - The company plans to invest 300 million RMB in R&D for new technologies and products in the upcoming year[19] - Research and development investment increased by 24.33% to approximately ¥240 million, reflecting the company's commitment to innovation[68] - The company is actively expanding its smart manufacturing business, focusing on high-end and integrated solutions[63] - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[19] Market Expansion - The company is expanding its market presence in Southeast Asia, aiming for a 25% market share in the region by 2021[19] - A new product line focused on OLED technology is expected to launch in Q4 2019, projected to contribute an additional 500 million RMB in revenue[19] - The total revenue from overseas markets reached approximately CNY 63 million, representing a year-over-year increase of 17.95%[71] Cash Flow and Assets - The net cash flow from operating activities increased significantly by 610.80%, reaching ¥594,348,068.16[26] - Cash and cash equivalents decreased to CNY 19.61 billion, accounting for 27.47% of total assets, down from 35.68% in the previous year, a reduction of 8.21%[71] - Accounts receivable increased to CNY 11.95 billion, making up 16.74% of total assets, an increase of 1.84% from the previous year[71] - Inventory rose to CNY 4.75 billion, representing 6.66% of total assets, an increase of 0.35% year-over-year[71] Environmental Compliance - The company has established a comprehensive pollution prevention management system to ensure the normal operation of pollution control facilities[169] - The company has implemented measures for solid waste management, ensuring daily collection and compliance with regulations to prevent secondary pollution[173] - The wastewater treatment facility at Shanghai Shenlong Bus Co., Ltd. has a design capacity of 10 tons/hour and operates within compliance[158] - The company has installed 6 sets of water curtain and activated carbon adsorption devices for controlling volatile organic compounds in exhaust emissions[159] Risk Management - The management highlighted risks related to supply chain disruptions and market competition, with strategies in place to mitigate these risks[7] - The company faces risks from macroeconomic fluctuations and technological upgrades, particularly in the LCD panel industry[90] - To mitigate risks, the company has invested heavily in R&D to maintain its technological advantage in optoelectronic materials[91] - The company anticipates challenges from the gradual reduction of subsidies in the new energy vehicle sector, which may impact sales[92] Employee Stock Ownership Plans - The first employee stock ownership plan totaled CNY 49,540 million, with 72,639,296 shares purchased at a cost of CNY 6.82 per share, which were listed on December 17, 2015[103] - The second employee stock ownership plan was established on September 5, 2017, with 52,555,280 shares purchased for a total of CNY 49,641.21 million at an average price of approximately CNY 9.45 per share[106] - The first employee stock ownership plan had a duration of 48 months and was released from restrictions on December 18, 2018[103] - The second employee stock ownership plan will expire on September 4, 2019, and will not be extended due to regulatory compliance issues[106] Related Party Transactions - The company reported a total of CNY 60,836.58 million in related party transactions during the reporting period[107] - The company engaged in construction services with related parties, with transaction amounts including CNY 22,971.24 million and CNY 9,353.83 million for different projects[107] Guarantees and Liabilities - The total approved guarantee amount during the reporting period was 268,640 million, with actual guarantees amounting to 162,543.34 million[138] - The company has a total of 21,898.34 in actual external guarantees at the end of the reporting period[129] - The company provided guarantees totaling 17,000 million for entities with a debt-to-asset ratio exceeding 70%[138] - No violations of external guarantee regulations were reported during the period[139]

证券代码：000413、200413 证券简称：东旭光电、东旭B 公告编号：2019-036 东旭光电科技股份有限公司 2019 年度投资者网上集体接待日活动公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 东旭光电科技股份有限公司已于 2019 年 4 月 30 日发布了 2018 年年度报告。 为进一步做好投资者关系管理工作，加强与广大投资者的沟通，使广大投资者更全 面深入的了解公司情况，公司定于 2019 年 5 月 15 日（星期三）15：00--17：00 参 加中国证监会河北监管局举办的主题为"理性投资 沟通增信"的河北辖区上市公 司 2019 年度投资者网上集体接待日暨全国投资者保护宣传日活动。本次集体接待 日将在深圳全景网络有限公司提供的网上平台采取网络远程的方式举行，投资者可 以登录"河北辖区上市公司投资者关系互动平台"（http://rs.p5w.net） 参与交 流。届时，公司高管将在线就公司 2018 年度业绩、公司治理、生产经营情况等问 题与投资者进行互动交流，欢迎投资者踊跃参加。 特此公告。 东旭光电科技股份有限公司 董事会 2 ...

东旭光电科技股份有限公司 2019 年第一季度报告全文 东旭光电科技股份有限公司 2019 年第一季度报告 2019 年 04 月 1 东旭光电科技股份有限公司 2019 年第一季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王立鹏、主管会计工作负责人冯秋菊及会计机构负责人(会计主 管人员)王仓声明：保证季度报告中财务报表的真实、准确、完整。 2 东旭光电科技股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|-------------------|- ...

Financial Performance - The company's operating revenue for 2018 was ¥28.21 billion, representing a 63.29% increase compared to ¥17.33 billion in 2017[18]. - The net profit attributable to shareholders for 2018 was ¥2.16 billion, a 25.05% increase from ¥1.74 billion in 2017[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2.05 billion, up 33.32% from ¥1.54 billion in 2017[18]. - The basic and diluted earnings per share for 2018 were both ¥0.38, an increase of 18.75% from ¥0.33 in 2017[19]. - In 2018, the company achieved a revenue of 28.212 billion yuan, a growth of 63.29% compared to 2017, and a net profit of 2.164 billion yuan, an increase of 25.05% year-on-year[47]. - The revenue from the construction installation business was ¥5.28 billion, showing a significant growth of 178.43% from ¥1.90 billion in 2017[59]. - The revenue from the electronic communication products segment was ¥3.63 billion, which is a 69.51% increase from ¥2.14 billion in the previous year[59]. - The revenue from the graphene industrial application segment surged by 169.43%, reaching ¥181.39 million compared to ¥67.32 million in 2017[59]. - The new energy vehicle segment, driven by the acquisition of Shenlong Bus, achieved a sales revenue of 4.258 billion yuan, marking a growth of 69.39%[54]. - The company reported a net profit of ¥68.89 million from the acquisition of Shenzhen Sanbao Innovation Smart Co., Ltd., indicating a positive return on investment[67]. Dividend Policy - The company plans to distribute a cash dividend of 0.70 yuan per 10 shares to all shareholders, based on a total of 5,730,250,118 shares[4]. - The cash dividend amount for 2018 was CNY 401,117,508.26, representing 18.54% of the net profit attributable to ordinary shareholders[123]. - The total cash dividend (including other methods) for 2018 was CNY 401,117,508.26, which accounted for 100% of the total profit distribution[124]. - The company plans to distribute at least 30% of the average distributable profit over the next three years in cash dividends, contingent on sufficient cash flow and no major capital expenditures[124]. - The company has set a profit distribution plan for 2018-2020, prioritizing cash dividends and allowing for stock dividends under certain conditions[124]. Business Operations and Strategy - The company has not reported any changes in its main business since its listing, indicating stability in operations[16]. - The company has established five production bases for liquid crystal glass substrates, achieving the largest production capacity in China and the fourth largest globally[29]. - The company is actively developing graphene application products in collaboration with renowned universities and research institutions[28]. - The company aims to expand its new energy vehicle business, leveraging its partnership with Shenlong Bus to enhance revenue sources[28]. - The company has optimized its display materials business structure by expanding into cover glass, curved cover glass, optical films, color filters, and sapphire since 2015, enhancing competitiveness and profitability[30]. - The company has achieved a production capacity of nearly 5 million pieces for curved cover glass, which is suitable for flexible displays, and has begun mass production and sales[30]. - The company has successfully integrated graphene applications with global research institutions, developing products such as graphene-based lithium-ion batteries and energy-saving lighting, with some products already in mass supply[31][32]. - The company has become the only domestic enterprise with a complete set of production processes and equipment for liquid crystal glass substrates, enhancing its high-end equipment manufacturing capabilities[33]. - The company is actively integrating its supply chain in high-end materials and new energy vehicles, aiming to create a closed-loop industry chain[41]. Research and Development - The company has increased its research and development expenditures to support business expansion, reflecting a commitment to innovation and product development[37]. - The company has a strong R&D capability with over 2,400 independent intellectual property rights related to liquid crystal glass substrates and high-end equipment manufacturing[39]. - Total R&D investment reached CNY 596,044,201.02, up 54.52% from the previous year[78]. - The number of R&D personnel increased by 24.19% to 1,735, representing 21.98% of total employees[78]. - The company plans to increase its stock holdings through the Shenzhen Stock Exchange, with a commitment to invest between RMB 5 billion and RMB 15 billion within six months, representing 1% to 3% of the current total share capital[134]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[179]. - The total wastewater discharge from Fuzhou Dongxu Optoelectronics was 15.6 tons, with ammonia nitrogen levels at 6.8 mg/L, compliant with water quality standards[180]. - The company achieved a nitrogen oxide emission rate of 161.3 mg/m³ from the first-phase glass kiln, adhering to the electronic glass industry air pollutant discharge standards[180]. - The company has implemented advanced dust removal and denitrification systems to manage emissions effectively[180]. - The company has established measures for noise reduction and solid waste management, ensuring compliance with environmental noise standards[184]. - The company has implemented new wastewater treatment technologies to enhance compliance with environmental standards[182]. Acquisitions and Investments - The company completed several acquisitions, including Shenzhen Sanbao Innovation Smart Co., Ltd. for ¥157.60 million, enhancing its operational capabilities[66]. - The company completed a merger with Dongxu (Yingkou) Optoelectronic Display Co., Ltd., acquiring 65% ownership for a cash consideration of CNY 195,525,500.00[70]. - The company acquired Shenzhen Sanbao Innovation Smart Co., Ltd. with a 67% stake for a cost of approximately ¥157.60 million, resulting in a net profit of approximately -¥12.73 million[145]. - The company also acquired Zhongcheng Guojian Co., Ltd. with a 70% stake for ¥140 million, which reported a net profit of approximately -¥7.17 million[145]. Market Outlook - The average size of LCD screens is expected to increase by 1.5 inches, which can consume the capacity of an 8.5-generation LCD panel line, supporting stable growth in glass substrate performance[110]. - The global demand for flat panel display area is projected to grow by 6.4% in 2019, reaching 228 million square meters, benefiting the company's optoelectronic display materials business[110]. - The company plans to focus on large-size LCD panel supply in 2019, which remains the mainstream demand in the consumer market[110]. - The average subsidy for new energy vehicles is expected to decrease by 50% in 2019 compared to 2018, impacting the industry dynamics significantly[111]. Corporate Governance - The company is currently fulfilling commitments related to avoiding competition with its controlled entities[125]. - The company is actively managing its shareholder return strategy, ensuring compliance with legal and regulatory requirements[126]. - The company has committed to avoiding any form of direct or indirect competition with its controlling shareholder, Dongxu Group, during the period of control[132]. - The company is focused on adapting its operations and expansion needs through the funds raised from the bond issuance[132]. Social Responsibility - The company made a donation of 300 graphene electric heaters valued at CNY 200,000 to help with clean heating in Hebei Province[177]. - A total of CNY 89.04 million worth of 530 graphene electric heaters and CNY 200,000 worth of books were donated to schools and elderly care centers in Hebei Province[177]. - The company’s subsidiary donated CNY 22.85 million for poverty alleviation projects in Guangxi Province[177].

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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王立鹏、主管会计工作负责人冯秋菊及会计机构负责人(会计主 管人员)高飞鹏声明：保证季度报告中财务报表的真实、准确、完整。 2 东旭光电科技股份有限公司 2018 年第三季度报告正文 证券代码：000413、200413 证券简称：东旭光电、东旭 B 公告编号：2018-127 东旭光电科技股份有限公司 2018 年第三季度报告正文 1 东旭光电科技股份有限公司 2018 年第三季度报告正文 第一节 重要提示 东旭光电科技股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 √ 是 □ 否 追溯调整或重述原因 同一控制下企业合并 | | 本报告期末 | 上年度末 | | 本报告期末比上年度 | | --- | --- | --- | --- | --- | | | | | | 末增减 | | | | 调整前 | 调整后 | ...

Financial Performance - The company's operating revenue for the reporting period reached ¥11,129,851,790.88, representing a 128.24% increase compared to the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥858,296,089.08, an increase of 34.64% year-on-year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥811,345,478.77, reflecting a 43.83% increase compared to the previous year[19]. - Basic earnings per share increased to ¥0.15, up 15.38% from ¥0.13 in the previous year[19]. - The total revenue for the first half of 2018 was approximately 2,552.75 million yuan, with a net profit margin of 553.68%[57]. - The total profit for the first half of 2018 was ¥1,176,191,505.48, compared to ¥877,281,155.90 in the same period last year, representing an increase of approximately 34.1%[160]. - The total comprehensive income attributable to the parent company was ¥858,303,841.46, compared to ¥637,479,012.54 in the previous year, indicating an increase of approximately 34.5%[161]. Cash Flow - The net cash flow from operating activities improved significantly to ¥83,617,287.66, compared to a negative cash flow of ¥1,414,361,686.97 in the same period last year, marking a 106.13% increase[19]. - Cash flow from operating activities was ¥9,938,756,230.71, significantly higher than ¥5,146,821,885.37 in the previous year, showing an increase of approximately 93.5%[167]. - Total cash inflow from operating activities reached 10,759,302,455.81 CNY, while cash outflow was 10,675,685,168.15 CNY, resulting in a net increase of 83,617,287.66 CNY[168]. - The company's cash and cash equivalents decreased from CNY 11.22 billion to CNY 7.18 billion, a decline of about 36.0%[155]. Assets and Liabilities - Total assets at the end of the reporting period were ¥66,693,831,497.63, a decrease of 2.79% from the end of the previous year[19]. - The total balance of short-term and long-term borrowings is approximately ¥13.93 billion, a decrease of ¥1.18 billion from the end of 2017[143]. - The company's total liabilities were recorded at 40,877 million yuan, indicating a stable leverage position[179]. - The total owner's equity decreased from CNY 32.17 billion to CNY 31.99 billion, a decline of about 0.6%[153]. Investments and Acquisitions - The company has expanded its new energy vehicle business, leveraging synergies from its acquisition of Shunlong Bus to capture market opportunities[31]. - The company signed an investment cooperation agreement with the Suqian municipal government to invest 3 billion yuan in a new energy vehicle production base, aiming for an annual output of 5,000 passenger vehicles and 50,000 logistics vehicles[44]. - The company is expanding its business through acquisitions, including Shenzhen Sanbao Innovation Intelligent Co., Ltd. and Dongxu (Yingkou) Optoelectronic Display Co., Ltd.[64]. Research and Development - Research and development investment increased by 99.07% to 125 million yuan, reflecting the company's commitment to innovation[47]. - The company has maintained a strong competitive edge through its R&D capabilities, scale advantages in core optical display materials, and effective management mechanisms[34]. Environmental Compliance - The wastewater treatment plant operated normally, with a designed capacity of 1,000 tons per day, and all wastewater was treated to meet standards before being discharged[99]. - The company maintained compliance with all environmental discharge standards during the reporting period[99]. - The company has implemented a rainwater and sewage diversion system to enhance wastewater management[99]. Shareholder Information - The total number of shares for Dongxu Optoelectronics is 5,730,250,118, with 75.82% being unrestricted shares[113]. - The largest shareholder, Dongxu Group Co., Ltd., held 15.97% of the shares, amounting to 915,064,091 ordinary shares, with a decrease of 4,088,500 shares during the reporting period[115]. - The company’s employee stock ownership plan held 52,555,280 ordinary shares, indicating a commitment to employee engagement[117]. Risk Management - The company has detailed risk factors and countermeasures in the report, emphasizing the importance of investor awareness regarding potential risks[5]. - The company faces risks from macroeconomic fluctuations affecting the LCD panel industry, which is cyclical in nature[66]. - The company is committed to continuous technological innovation to mitigate risks associated with technological upgrades and replacements[67].

Financial Performance - The company's operating revenue for 2017 was CNY 17,336,364,158, representing a 127.15% increase compared to CNY 7,632,049,549 in 2016[18]. - The net profit attributable to shareholders for 2017 was CNY 1,743,666,827, a 33.75% increase from CNY 1,303,685,863 in 2016[18]. - The basic earnings per share for 2017 was CNY 0.33, up 17.86% from CNY 0.28 in 2016[19]. - The total assets at the end of 2017 were CNY 67,683,329,226, a 34.59% increase from CNY 50,287,380,415 at the end of 2016[19]. - The net assets attributable to shareholders at the end of 2017 were CNY 30,922,796,455, reflecting a 32.79% increase from CNY 23,286,206,822 at the end of 2016[19]. - The net cash flow from operating activities for 2017 was CNY 1,265,773,428, compared to CNY 748,957,164.24 in 2016, marking a 69.00% increase[19]. - The company achieved a revenue of 17.336 billion yuan in 2017, representing a growth of 127.15% compared to 2016[40]. - The net profit attributable to the parent company was 1.744 billion yuan, an increase of 33.75% year-over-year[40]. - The total revenue for the year 2017 was CNY 57,485 million, with a significant increase compared to the previous year[165]. Dividends and Shareholder Returns - The company reported a cash dividend of 0.70 CNY per 10 shares based on a total share capital of 5,730,250,118 shares as of December 31, 2017[4]. - The cash dividend policy is compliant with the company's articles of association and has been clearly defined and executed[104]. - In the past three years, the company has consistently distributed cash dividends, with the 2016 dividend amounting to RMB 345,795,028.81, representing 26.52% of the net profit[107]. - The company reported a cash dividend of RMB 0.70 per 10 shares for the fiscal year 2017, totaling RMB 401,117,508.26, which represents 23.00% of the net profit attributable to shareholders[107]. Market Expansion and Strategic Initiatives - The company plans to continue expanding its market presence and investing in new technologies and products[28]. - The company aims to create a closed-loop industry chain in high-end materials, graphene-based lithium-ion batteries, and new energy vehicles, enhancing its competitive edge[35]. - The company plans to invest in new energy vehicle production bases in Guangxi, Sichuan, and Jiangsu, further integrating its optoelectronic materials and smart manufacturing businesses[36]. - The company is actively pursuing new technologies and product development to strengthen its market position in the optoelectronics industry[88]. - The company is focused on expanding its market presence and enhancing its product offerings through strategic initiatives[200]. Acquisitions and Investments - The company has engaged in mergers and acquisitions to enhance its competitive position in the market[28]. - The acquisition of 100% equity in Shenlong Bus in 2017 marks the company's entry into the new energy vehicle sector, leveraging synergies in technology, management, and market resources[30]. - The company completed the acquisition of Xuhong Optoelectronics, integrating high-alumina cover glass production lines into its supply chain[41]. - The company completed the acquisition of 100% equity in Sichuan Xuhong Optoelectronics for a total consideration of 1,215 million CNY, with a revenue of 87.616 million CNY reported for the year 2017[81]. - The company has completed several acquisitions, including Shanghai Shenlong Bus Co., Ltd. and Suzhou Tengda Optical Technology Co., Ltd., enhancing its operational capabilities[55]. Research and Development - The company has over 2,000 independent intellectual property rights related to liquid crystal glass substrates and high-end equipment manufacturing, showcasing strong R&D capabilities[34]. - The company’s R&D investment for 2017 was ¥385,731,049.90, a 50.09% increase from ¥256,992,023.58 in 2016, with R&D personnel increasing by 131.67% to 1,397[69]. - Investment in new technology R&D increased by 30%, totaling 300 million RMB, aimed at enhancing product efficiency and sustainability[120]. - The company is focused on the production of TFT-LCD glass substrates and is actively expanding its market presence[136]. Financial Position and Liabilities - The total cash and cash equivalents amount to ¥235,555,600.34, with accounts receivable at ¥2,578,312,056.65, indicating strong liquidity and receivables management[60]. - The total liabilities are approximately ¥2,500,000,000, reflecting a significant leverage position[60]. - The company has a total of ¥502,746,133.86 in other payables, which may indicate potential liquidity challenges[60]. - The company has ongoing construction projects valued at ¥12,048,380.90, indicating investment in future growth[60]. Risk Factors and Challenges - The company has outlined potential risks in its future development outlook, which investors should be aware of[4]. - The company has faced risks related to macroeconomic fluctuations that could impact the demand for its glass substrates used in LCD panels[100]. - There is uncertainty regarding the expected benefits from the liquid crystal glass substrate project due to high investment costs and long construction periods[100]. - The company has assessed the feasibility of its operational plans despite the decline in government subsidies for new energy vehicles, which could affect future sales[100]. Compliance and Governance - The company has committed to ensuring that the stock incentive policy aligns with the company's performance and return measures[111]. - The company has promised to fulfill its commitments regarding the return measures and will comply with the requirements set by the China Securities Regulatory Commission and Shenzhen Stock Exchange[112]. - The company has confirmed that the land use rights and buildings of its subsidiary are legally valid and do not violate any laws[114]. - The company is committed to maintaining transparency and accountability in its financial reporting and operational commitments[141]. Environmental and Social Responsibility - The company donated 1 million in educational funds to assist 200 impoverished students in Shanxi Province[183]. - The company donated 300 graphene electric heaters and 200,000 worth of books to support clean heating initiatives in Hebei Province[183]. - The wastewater treatment facility at Fuzhou Dongxu operates normally, with a design capacity of 1,000 tons per day[184]. - The company has implemented a rainwater and sewage diversion system to manage wastewater effectively[184].