Financial Performance - The company's operating revenue for Q1 2020 was ¥390,682,328.87, a decrease of 23.62% compared to ¥511,493,539.00 in the same period last year[8]. - The net profit attributable to shareholders was ¥2,518,025.19, down 89.91% from ¥24,957,571.08 year-on-year[8]. - The total profit for the period was ¥3,894,622.72, down 87.07% from ¥30,111,860.11 in the previous year, attributed to a decline in production and sales of titanium dioxide[15]. - Net profit for Q1 2020 was CNY 2,518,025.19, significantly lower than CNY 24,957,571.08 in the same period last year, representing a decline of approximately 89.9%[39]. - The company reported a total comprehensive income of -798,374.92 CNY for the quarter, compared to -3,454,703.37 CNY in the previous year[46]. Cash Flow - The net cash flow from operating activities was -¥55,376,795.32, a decline of 279.81% compared to ¥30,798,027.40 in the previous year[8]. - The total cash flow from operating activities for the first quarter was -55,376,795.32 CNY, a significant decrease compared to 30,798,027.40 CNY in the same period last year[46]. - The cash inflow from operating activities totaled 261,305,471.83 CNY, down from 360,670,018.28 CNY year-over-year, indicating a decline of approximately 27.5%[46]. - The cash outflow from operating activities was 316,682,267.15 CNY, compared to 329,871,990.88 CNY in the previous year, reflecting a decrease of about 4%[46]. - The cash flow from financing activities resulted in a net outflow of -73,082,373.64 CNY, compared to -30,007,208.65 CNY in the same quarter last year[47]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥3,074,282,797.15, a decrease of 0.57% from ¥3,091,980,248.53 at the end of the previous year[8]. - Total liabilities decreased from CNY 1,013,403,612.06 to CNY 992,012,817.90, a reduction of about 2.1%[31]. - The company's current assets totaled CNY 1,250,726,797.58 as of March 31, 2020, slightly up from CNY 1,242,048,948.03 at the end of 2019, indicating a growth of about 0.14%[29]. - Total assets amounted to CNY 3,091,980,248.53, with current assets at CNY 1,242,048,948.03 and non-current assets at CNY 1,849,931,300.50[53]. - The total current liabilities include short-term borrowings of CNY 567,204,044.19 and accounts payable of CNY 279,924,851.45[53]. Equity - The company's equity attributable to shareholders increased slightly from CNY 2,078,576,636.47 to CNY 2,082,269,979.25, reflecting a growth of approximately 0.2%[32]. - Total equity attributable to shareholders reached CNY 2,078,576,636.47, with retained earnings of CNY 1,092,380,959.79[54]. Operational Activities - The company reported no significant investment activities, including securities, entrusted financial management, or derivative investments during the reporting period[19][20][21]. - The company did not engage in any research and development of new products or technologies, nor did it announce any market expansion or acquisition strategies in the report[19][20][21]. - The company announced a delay in the disclosure of its annual report to May 20, 2020, with the Q1 data being unaudited[16]. - The first quarter report was not audited, indicating preliminary financial results[56]. Other Financial Metrics - Earnings per share for Q1 2020 were CNY 0.0026, compared to CNY 0.0253 in the previous year[40]. - Research and development expenses for Q1 2020 were CNY 12,158,827.26, down from CNY 14,343,421.10 in the previous period[38]. - Other comprehensive income after tax for Q1 2020 was CNY 7,884.88, down from CNY 51,311.91 in the previous period[39]. - The company received 169,550,000.00 CNY from borrowings during the financing activities, an increase from 135,000,000.00 CNY in the previous year[47]. - The company has not provided specific guidance or outlook for future performance in this report[56].

Financial Performance - Operating revenue for the period was CNY 555,245,588.80, representing an 18.01% increase year-on-year[7] - Net profit attributable to shareholders decreased by 29.20% to CNY 13,607,978.07 compared to the same period last year[7] - The net profit after deducting non-recurring gains and losses fell by 47.26% to CNY 8,310,640.56[7] - Total operating revenue for Q3 2019 was CNY 555,245,588.80, an increase of 18.0% compared to CNY 470,490,948.32 in the same period last year[36] - Net profit for Q3 2019 was CNY 13,607,978.07, a decrease of 29.5% from CNY 19,219,022.10 in Q3 2018[38] - Total comprehensive income for Q3 2019 was CNY 52,490,017.42, compared to CNY 76,513,092.92 in Q3 2018, indicating a decrease of approximately 31.5%[45] Assets and Liabilities - Total assets increased by 2.72% to CNY 3,211,511,106.64 compared to the end of the previous year[7] - The company's current assets totaled CNY 1,326,493,265.81, up from CNY 1,235,620,655.00 at the end of 2018, reflecting a growth of approximately 7.5%[27] - Total liabilities stood at CNY 1,104,876,800.21, compared to CNY 1,073,460,930.67 at the end of 2018, showing a slight increase of about 2.9%[29] - Total assets as of the end of Q3 2019 were CNY 2,285,945,355.83, slightly down from CNY 2,286,458,085.80 at the end of the previous quarter[35] - Total liabilities for Q3 2019 were CNY 12,479,403.14, compared to CNY 2,343,679.54 in the previous year[34] Cash Flow - Cash flow from operating activities showed a significant improvement, with a net cash outflow of CNY -13,820,112.52, a 96.99% reduction compared to the previous period[7] - The total cash inflow from operating activities was CNY 1,220,529,131.16, an increase of 40.3% compared to CNY 869,378,456.96 in the previous period[51] - The net cash flow from operating activities was CNY -13,820,112.52, improving from CNY -459,083,131.15 in the previous period[52] - The cash inflow from financing activities was CNY 534,450,000.00, up from CNY 418,000,000.00 in the previous period, indicating a 28% increase[53] - The cash and cash equivalents at the end of the period were CNY 234,586,014.20, a decrease from CNY 282,865,758.78 at the beginning of the period[53] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 69,786[11] - The company's equity attributable to shareholders reached CNY 2,106,634,306.43, up from CNY 2,053,156,007.30, reflecting an increase of approximately 2.6%[30] Expenses - Financial expenses rose by 48.17% to CNY 20,910,888.96 due to increased bank loans and bill discounts[15] - Research and development expenses for Q3 2019 amounted to CNY 18,421,498.16, representing a 51.3% increase from CNY 12,171,867.31 in the same quarter last year[36] - Financial expenses for Q3 2019 were CNY 20,910,888.96, compared to CNY 14,112,495.48 in Q3 2018, marking an increase of approximately 48.3%[44] Investment Activities - The company reported no significant investment activities or financial derivatives during the reporting period[18][19][20] - The company recorded an investment loss of CNY 357,589.71 in Q3 2019, contrasting with a gain of CNY 212,618.43 in the previous year[36] Other Information - The company reported a foreign exchange loss of CNY 1,595.46 in Q3 2019, compared to a gain of CNY 33,781.32 in the same period last year[39] - The report was not audited, indicating that the figures presented are subject to further verification[58]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥898,951,814.37, a decrease of 7.35% compared to ¥970,230,930.08 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥38,865,560.70, down 37.16% from ¥61,852,945.09 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥31,968,155.61, a decline of 38.67% compared to ¥52,122,286.24 in the same period last year[18]. - The basic earnings per share decreased to ¥0.0394, down 37.16% from ¥0.0627 in the same period last year[18]. - The diluted earnings per share also fell to ¥0.0394, reflecting the same percentage decrease of 37.16% compared to the previous year[18]. - The weighted average return on net assets was 1.87%, down from 3.08% in the previous year, a decrease of 1.21%[18]. - The total profit for the period was CNY 48,321,755.24, down from CNY 77,824,548.04, representing a decline of 38.0%[120]. - The company's operating profit decreased to CNY 48,905,592.13 from CNY 77,794,399.18, a drop of 37.2%[120]. - The total comprehensive income for the period was CNY 38,883,634.81, down from CNY 57,260,289.50, a decrease of 32.0%[120]. Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥15,308,487.34, compared to a negative cash flow of ¥135,426,775.46 in the previous year, marking an increase of 111.30%[18]. - The company's cash flow from operating activities improved by 111.30%, reaching RMB 15.31 million compared to a negative RMB 135.43 million in the previous year[37]. - The company's cash and cash equivalents decreased by 20.00% to CNY 271.05 million, accounting for 8.54% of total assets[42]. - The overall cash and cash equivalents decreased by 25,334,861.03 CNY during the reporting period, reflecting challenges in maintaining liquidity[129]. - The company reported a significant increase in cash outflow related to operating activities, indicating a potential need for improved cash management strategies[128]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,173,054,096.19, an increase of 1.49% from ¥3,126,616,937.97 at the end of the previous year[18]. - The total liabilities as of June 30, 2019, amounted to CNY 1,079,312,612.17, slightly up from CNY 1,073,460,930.67 at the end of 2018[111]. - The total equity attributable to shareholders increased to CNY 2,093,741,484.02 from CNY 2,053,156,007.30, marking a growth of 1.98%[111]. - The company's long-term equity investments increased significantly to CNY 619.54 million, representing 19.52% of total assets, up from 6.48% year-on-year[42]. Research and Development - The company has invested RMB 31.85 million in R&D, a decrease of 7.39% from RMB 34.39 million in the previous year[37]. - Research and development expenses amounted to CNY 31,852,001.59, compared to CNY 34,393,362.37 in the previous year, reflecting a decrease of 7.1%[119]. Market Strategy and Expansion - The company is focusing on expanding its market presence and enhancing its international brand recognition through increased exports of titanium dioxide[30]. - The company aims to expand its international market presence and increase the proportion of export revenue[52]. - The company is exploring strategic acquisitions to enhance its market position, targeting a 23.37% increase in market share[64]. - The company plans to expand its market presence and invest in new product development in the upcoming quarters[136]. Environmental and Safety Compliance - The company is committed to environmental safety and has implemented comprehensive HSE management practices to prevent accidents[30]. - The company achieved compliance with wastewater discharge standards, with COD levels at 55.367 mg/L and ammonia nitrogen at 9.270 mg/L, both meeting the first-level standards[83]. - The company has implemented effective pollution control measures, ensuring all emissions meet environmental standards[84]. - The company and its subsidiaries are classified as key pollutant discharge units by environmental protection authorities[82]. - The company has no significant environmental issues reported during the period[82]. Corporate Governance and Shareholder Matters - The annual shareholders meeting had a participation rate of 38.07% on April 18, 2019, and the first extraordinary shareholders meeting had a participation rate of 40.62% on May 29, 2019[55]. - The company plans not to distribute cash dividends or issue bonus shares[6]. - There were no major litigation or arbitration matters during the reporting period[61]. - The company faced fines totaling 32 million yuan due to safety management and environmental violations[61]. Financial Management and Accounting Practices - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements accurately reflect its financial status and operating results[156]. - The company uses RMB as its accounting currency[159]. - The company recognizes the difference between the disposal price and the net asset share of the subsidiary in the consolidated financial statements as other comprehensive income before losing control[166]. - The company assesses expected credit losses based on whether there has been a significant increase in credit risk since initial recognition, with provisions calculated for the entire lifetime of the financial instrument if risk has increased significantly[179]. Future Outlook - Future outlook suggests a continued emphasis on technological innovation, aiming for a 1.06% increase in operational efficiency[65]. - The company plans to invest 7,000 million in expanding its production capacity to meet rising demand[65]. - The company is committed to improving service delivery, aiming for a 6.07% increase in customer satisfaction metrics[65].

Financial Performance - The company's revenue for Q1 2019 was ¥511,493,539, representing a 2.36% increase compared to ¥499,692,594 in the same period last year[8] - Net profit attributable to shareholders decreased by 23.27% to ¥24,957,571 from ¥32,524,889 in the previous year[8] - Total operating revenue for Q1 2019 was CNY 511,493,539, an increase of 2.6% compared to CNY 499,692,594.36 in the previous period[36] - Net profit for Q1 2019 was CNY 24,957,571.08, a decrease of 23.2% from CNY 32,524,889.02 in the same period last year[38] - Basic and diluted earnings per share for Q1 2019 were both CNY 0.0253, down from CNY 0.033 in the previous year[39] - The company reported a total comprehensive income of -3,454,703.37 CNY for the quarter, compared to -1,223,593.19 CNY in the previous year[43] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly, reaching ¥30,798,027, compared to a negative cash flow of ¥180,905,638 in the same period last year, marking a 117.02% increase[8] - Operating cash flow for the first quarter was 30,798,027.40 CNY, a recovery from a negative cash flow of -180,905,638.18 CNY in the previous year[46] - The cash and cash equivalents decreased by 1,725,052.43 CNY during the quarter, contrasting with a significant decrease of 93,216,243.14 CNY in the same period last year[47] - The ending balance of cash and cash equivalents was 212,464.23 CNY, down from 859,922.78 CNY at the beginning of the period[51] Assets and Liabilities - Total assets increased by 17.24% to ¥3,195,405,839 from ¥2,725,411,536 at the end of the previous year[8] - Total liabilities as of March 31, 2019, were CNY 1,117,010,996.62, up from CNY 1,073,460,930.67, marking an increase of approximately 4.1%[29] - The company's total equity increased to CNY 2,078,394,842.22 from CNY 2,053,156,007.30, reflecting a growth of about 1.2%[30] - Short-term borrowings decreased to CNY 661,290,084.90 from CNY 671,790,084.90, indicating a reduction of approximately 1.3%[28] Operational Metrics - Total operating costs for Q1 2019 were CNY 485,213,389.36, up from CNY 463,066,917.71, reflecting a year-over-year increase of 4.3%[36] - The company incurred a total operating expense of 242,882,744.33 CNY, compared to 322,063,494.21 CNY in the previous year, showing a decrease of about 24.7%[46] - Total revenue from sales of goods and services received was 356,121,521.46 CNY, up from 217,239,753.41 CNY year-over-year, reflecting a growth of approximately 63.9%[45] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,445[10] - The top shareholder, Jinpu Investment Holding Group Co., Ltd., holds 37.30% of the shares, totaling 368,040,148 shares[10] Investment and R&D Activities - The company did not engage in any research and development activities or new product launches during the reporting period[20] - There were no significant changes in the company's investment activities, with no securities or derivative investments reported[19][18] Financial Standards and Audits - The first quarter report was not audited[53] - The company did not apply new financial instrument standards, new revenue standards, or new leasing standards[52]

Financial Performance - The company's operating revenue for 2018 was CNY 1,854,621,522.49, representing a 6.53% increase compared to CNY 1,741,006,337.66 in 2017[18] - The net profit attributable to shareholders for 2018 was CNY 102,044,942.78, a decrease of 38.46% from CNY 165,827,783.16 in 2017[18] - The basic earnings per share for 2018 was CNY 0.103, down 38.69% from CNY 0.168 in 2017[18] - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was CNY 89,533,076.00, down 33.60% from CNY 134,832,187.60 in 2017[18] - The company's total profit for 2018 was 112 million yuan, a decrease of 44.80% compared to the previous year, while the net profit attributable to shareholders was 102 million yuan, down 38.46% year-on-year[34] - The company reported a total comprehensive income for the year of CNY 97,482,050.00, compared to CNY 129,617,923.92 in the previous year, reflecting a decline of about 24.8%[192] - The operating profit for the year was CNY 112,254,892.45, a decrease from CNY 203,835,254.46 in the previous year, indicating a decline of about 44.0%[191] Cash Flow and Investments - The net cash flow from operating activities was negative CNY 350,960,514.43, a decline of 236.78% compared to CNY 256,582,724.28 in 2017[18] - Operating cash inflow totaled ¥1,228,984,072.94, a 24.28% increase year-on-year, while cash outflow surged by 115.76% to ¥1,579,944,587.37[51] - The total cash inflow from investment activities was 252,247,587.68 CNY, down from 786,424,422.00 CNY year-over-year[200] - The cash inflow from borrowing was 779,790,084.90 CNY, an increase from 398,307,700.00 CNY in the previous year[200] - The cash outflow for purchasing goods and services was 1,304,157,068.34 CNY, significantly higher than 490,949,540.76 CNY in the previous year[199] Assets and Liabilities - Total assets at the end of 2018 were CNY 3,126,616,937.97, an increase of 13.60% from CNY 2,752,234,948.98 at the end of 2017[18] - Total liabilities rose to ¥1,073,460,930.67 from ¥748,357,527.68, marking a significant increase of 43.4%[185] - Owner's equity totaled ¥2,053,156,007.30, up from ¥2,003,877,421.30, reflecting a growth of 2.5%[186] - Long-term investments in equity reached ¥619,285,146.51, a substantial increase from ¥163,956,345.21, representing a growth of 277.5%[184] Production and Sales - In 2018, the company produced a total of 133,500 tons of titanium dioxide and sold 131,600 tons, achieving total revenue of 1.855 billion yuan, a year-on-year increase of 6.53%[34] - The titanium dioxide (TiO2) segment accounted for 97.30% of total revenue, with sales reaching approximately CNY 1.80 billion, up 4.61% from the previous year[40] - The sales volume of titanium dioxide reached 131,629.09 tons, reflecting a 2.93% increase from 127,880.5 tons in 2017[44] - The company exported products with a year-on-year growth of 82.5%, indicating successful international market expansion efforts[28] Research and Development - The company has applied for and received acceptance for 2 invention patents and 4 utility model patents in 2018, enhancing its technological capabilities[30] - Research and development expenses were ¥62,338,957.26, representing 3.36% of operating revenue, a decrease of 0.24% compared to the previous year[50] - The company is investing 50 million yuan in R&D for new technologies aimed at improving production efficiency[141] Environmental Management - The company’s focus on environmental management has led to the implementation of strict safety and environmental protection measures, ensuring stable production operations[30] - The company has established an ISO 14001 certified environmental management system covering the entire production and service process of titanium dioxide products[108] - The company achieved a total SO2 discharge of 14.218 tons against a limit of 665 tons, demonstrating adherence to emission regulations[112] - The company has successfully implemented online monitoring facilities for emissions, achieving compliance with environmental standards[113] Corporate Governance - The company has maintained its accounting firm, with a fee of 1.28 million for audit services[85] - The audit opinion issued for the financial statements was a standard unqualified opinion, indicating that the financial statements fairly present the company's financial position[173] - The company reported zero significant defects in both financial and non-financial internal controls during the reporting period, indicating strong internal governance[164] Shareholder Information - The total number of common shareholders at the end of the reporting period was 75,852, an increase from 75,173 at the end of the previous month[120] - The largest shareholder, Jinpu Investment Holding Group Co., Ltd., holds 37.30% of the shares, totaling 368,040,148 shares, with 26,000,000 shares pledged[120] - The company has a total share count of 986,833,096, with 97.22% being unrestricted shares[117] Strategic Outlook - The company plans to enhance its production capacity and expand its market presence through horizontal mergers and acquisitions, aiming for a stronger position in the titanium dioxide sector[67] - The company aims to strengthen its research and development of new products and improve its application evaluation system to enhance competitiveness[69] - The company is committed to expanding its overseas market presence, leveraging the advantages of its U.S. subsidiary to support product distribution[69]

金浦钛业股份有限公司 2018 年第三季度报告全文 金浦钛业股份有限公司 2018 年第三季度报告 2018-063 2018 年 10 月 1 金浦钛业股份有限公司 2018 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。 公司负责人郭金东、主管会计工作负责人丁宇及会计机构负责人(会计主管 人员)田建中声明：保证季度报告中财务报表的真实、准确、完整。 2 金浦钛业股份有限公司 2018 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 3,040,805,836.96 | 2,752,234,948.98 | | 10.48% | | 归属于上市公司股东的净资产 | 2,031,873,7 ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥970,230,930.08, representing a 9.37% increase compared to ¥887,113,600.83 in the same period last year[17]. - The net profit attributable to shareholders decreased by 35.87% to ¥61,852,945.09 from ¥96,455,274.26 year-on-year[17]. - The net profit after deducting non-recurring gains and losses fell by 49.69% to ¥52,122,286.24 compared to ¥103,599,034.49 in the previous year[17]. - Basic earnings per share decreased by 35.82% to ¥0.0627 from ¥0.0977 year-on-year[17]. - The company anticipates a significant decline in net profit for the period from January to September 2018 compared to the previous year, signaling potential challenges ahead[52]. - The estimated cumulative net profit for the period is projected to be between 78.80 million and 118.20 million CNY, representing a decrease of 40.00% compared to the same period last year[53]. - The decline in profit is attributed to rising prices of raw materials, increased environmental operating costs, and higher energy prices, leading to a decrease in gross margin[53]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥135,426,775.46, a decline of 397.08% from ¥45,586,395.88 in the same period last year[17]. - The company reported a significant increase in cash flow from investment activities, amounting to CNY 202.55 million, a rise of 6,086.86% due to the recovery of financial products[35]. - Cash flow from financing activities increased by 582.98% to CNY 249.46 million, attributed to new borrowings[35]. - The cash and cash equivalents at the end of the reporting period amounted to approximately ¥872.85 million, accounting for 28.54% of total assets, a significant increase of 22.49% compared to the previous year[39]. - The net cash flow from operating activities was -135,426,775.46 CNY, a decrease compared to 45,586,395.88 CNY in the previous period[125]. - The total cash and cash equivalents at the end of the period reached 858,993,354.73 CNY, up from 155,240,392.88 CNY at the end of the previous period[126]. Assets and Liabilities - Total assets increased by 11.13% to ¥3,058,615,715.45 from ¥2,752,234,948.98 at the end of the previous year[17]. - Total liabilities rose to ¥1,046,180,367.01 from ¥748,357,527.68, indicating an increase of approximately 39.9%[109]. - Current liabilities increased to ¥954,133,673.41 from ¥646,573,568.89, representing a growth of about 47.5%[109]. - The company's inventory stood at approximately ¥263.44 million, which is 8.61% of total assets, showing a slight decrease of 0.86% year-over-year[39]. Market and Industry Position - The company continues to enhance its competitive edge through technological innovation and product differentiation in the titanium dioxide market[31]. - The domestic titanium dioxide market remains stable, with demand closely linked to the real estate sector, which accounts for approximately 60% of the downstream market[26]. - The company is positioned as one of the largest sulfuric acid titanium dioxide producers in China, with a diverse product range including both rutile and anatase types[29]. - The company's revenue from the titanium dioxide industry reached approximately ¥952.87 million, representing an 8.56% increase year-over-year, while the gross margin decreased by 6.93% to 19.11%[36]. Research and Development - Research and development investment increased by 41.84% to CNY 34.39 million, driven by ongoing projects and new product development[34]. - The company plans to enhance product quality control and invest in research and development of new products and applications to improve competitiveness[55]. Risks and Challenges - The company faced significant risks that could adversely affect its future development strategies and operational goals, as detailed in the report[4]. - The company faces risks from macroeconomic fluctuations, stricter environmental policies, intensified competition in the titanium dioxide industry, and volatility in raw material prices[54][55]. Shareholder and Equity Information - The total number of shares is 986,833,096, with 97.22% being unrestricted shares[89]. - The largest shareholder, Jinpu Investment Holding Group Co., Ltd., holds 37.30% of the total shares, amounting to 368,040,148 shares[92]. - The company has not distributed cash dividends or bonus shares for the half-year period[58]. - The company reported a profit distribution of -49,341,654.80 CNY to shareholders, reflecting a significant reduction in retained earnings[140]. Environmental and Social Responsibility - The company maintained a strong focus on safety and environmental management, achieving zero major accidents during the reporting period[31]. - The company has established environmental protection measures that comply with national standards, with all industrial wastewater and emissions meeting discharge standards[83]. - The company engaged in targeted poverty alleviation efforts, with a total funding of CNY 30,000 for the reporting period[83]. Corporate Governance - There were no significant legal disputes or penalties reported during the reporting period[63][64]. - The company has not engaged in any major related party transactions during the reporting period[70]. - The company appointed Dai Honggang as the new secretary of the board on March 9, 2018, following the resignation of Ben Yinliang[100].

金浦钛业股份有限公司 2018 年第一季度报告正文 证券代码：000545 证券简称：金浦钛业 公告编号：2018-023 金浦钛业股份有限公司 2018 年第一季度报告正文 1 金浦钛业股份有限公司 2018 年第一季度报告正文 第一节 重要提示 非经常性损益项目和金额 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。 公司负责人郭金东、主管会计工作负责人丁宇及会计机构负责人(会计主管 人员)田建中声明：保证季度报告中财务报表的真实、准确、完整。 2 金浦钛业股份有限公司 2018 年第一季度报告正文 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 499,692,594.36 | 465,213,308.61 | 7.41% | | 归属于上市公司股东的净利润（ ...

Financial Performance - The company's operating revenue for 2017 was CNY 1,741,006,337.66, representing a 66.43% increase compared to CNY 1,046,072,626.65 in 2016[17] - The net profit attributable to shareholders for 2017 was CNY 165,827,783.16, a 37.27% increase from CNY 120,803,780.18 in 2016[17] - The net profit after deducting non-recurring gains and losses was CNY 134,832,187.60, showing a significant increase of 221.54% compared to CNY 41,933,449.67 in 2016[17] - The net cash flow from operating activities reached CNY 256,582,724.28, a remarkable increase of 298.29% from a negative CNY 129,397,711.01 in 2016[17] - The basic earnings per share for 2017 was CNY 0.17, up 41.67% from CNY 0.12 in 2016[17] - The total profit for 2017 was 203 million yuan, reflecting a 44.31% increase from the previous year[37] - The company reported a net profit of RMB 165,827,783.16 for 2017, an increase from RMB 120,803,780.18 in 2016, reflecting a growth of approximately 37.3%[83] Production and Sales - In 2017, the company produced a total of 135,353 tons of titanium dioxide, representing a year-on-year increase of 32.34%[37] - The company achieved titanium dioxide sales of 127,880 tons in 2017, an increase of 24.51% compared to the previous year[37] - The sales volume of titanium dioxide reached 127,880.5 tons in 2017, a 24.51% increase from 102,705.29 tons in 2016, while production volume increased by 32.34% to 135,353.39 tons[45] - The company achieved a 40% year-on-year increase in titanium dioxide exports in 2017, with total exports amounting to ¥155,723,824.78, a significant growth of 147.95% compared to ¥62,805,508.59 in 2016[42] Assets and Liabilities - The total assets at the end of 2017 were CNY 2,752,234,948.98, a 2.09% increase from CNY 2,695,952,853.15 at the end of 2016[17] - The net assets attributable to shareholders increased by 5.30% to CNY 2,003,877,421.30 from CNY 1,903,037,894.30 in 2016[17] - Total liabilities decreased to CNY 748,357,527.68 from CNY 792,914,958.85, reflecting a reduction of about 5.6%[183] - The company's equity remained stable at CNY 2,003,877,421.30, with no change in the share capital of CNY 986,833,096.00[183] Research and Development - The company has established a new research and development center for functional titanium dioxide, with a laboratory area exceeding 1,000 m², and has initiated 18 R&D projects in 2017[39] - R&D investment amounted to ¥62,596,658.56, up 130.52% from ¥27,154,366.96 in 2016, accounting for 3.60% of revenue[52] - R&D personnel increased to 135, a 90.14% rise from 71 in 2016, representing 12.57% of total employees[52] Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.50 per 10 shares, based on a total of 986,833,096 shares[4] - The company declared a cash dividend of RMB 0.50 per share (including tax), totaling RMB 49,341,654.80 for the fiscal year 2017, which represents 29.75% of the net profit attributable to ordinary shareholders[83] - The total distributable profit for the year was RMB 130,103,974.77, with cash dividends accounting for 100% of the profit distribution[84] Environmental Compliance - The company has established an environmental management system certified by ISO 14001, covering the entire production process of titanium dioxide products[111] - The company has achieved significant reductions in wastewater and waste gas emissions through internal technological innovations and process optimizations[112] - The company has implemented online monitoring facilities to ensure compliance with environmental regulations[116] Corporate Governance - The company has maintained its accounting firm, Lixin Accounting Firm, for four consecutive years, with an audit fee of RMB 1.2 million[91] - The independent directors attended all board meetings and did not raise any objections to company matters during the reporting period[153][155] - The company has established a systematic performance evaluation method for senior management, linking their annual salaries to operational and financial targets[159] Market Strategy and Future Plans - The company aims to maximize product efficiency in its titanium dioxide business by focusing on safety, environmental control, product structure optimization, and cost reduction measures in 2018[75] - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2020[138] - A strategic acquisition of a local competitor is under consideration, which could enhance production capacity by 30%[138] Financial Management - The company is committed to maintaining internal controls to ensure the accuracy of financial reporting and compliance with accounting standards[176] - Management is responsible for assessing the company's ability to continue as a going concern, with no significant uncertainties reported[178] - The audit report confirmed that there were no significant misstatements in the financial statements, providing reasonable assurance of their accuracy[177]

Financial Performance - Operating revenue for the reporting period was CNY 417,944,593.29, representing a year-on-year increase of 54.29%[8] - Net profit attributable to shareholders of the listed company reached CNY 34,881,030.94, up 137.70% year-on-year[8] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 16,978,974.47, an increase of 172.57% compared to the same period last year[8] - Basic earnings per share were CNY 0.035, reflecting a growth of 133.33% year-on-year[8] - Revenue for the period reached ¥1,305,058,194.12, a 114.54% increase compared to ¥608,308,219.09 in the same period last year[16] - Net profit for the period was ¥131,336,305.20, reflecting a 171.42% increase from ¥48,387,980.55 year-on-year[16] - Basic earnings per share are projected to be ¥0.1653, a 35.00% increase from ¥0.12 in the same period last year[20] - Operating profit surged by 266.33% to ¥154,153,694.01, driven by increased sales volume and prices of titanium dioxide[16] Assets and Shareholder Equity - Total assets at the end of the reporting period were CNY 2,684,660,658.83, a decrease of 0.42% compared to the end of the previous year[8] - Net assets attributable to shareholders of the listed company increased by 4.44% to CNY 1,987,449,500.40[8] - The weighted average return on net assets was 1.79%, an increase of 0.82 percentage points compared to the previous year[8] Cash Flow and Government Support - The net cash flow from operating activities for the year-to-date was CNY 80,142,954.16, up 170.81% year-on-year[8] - The company received government subsidies amounting to CNY 13,460,318.42 during the reporting period[9] Shareholder Information - The top shareholder, Jinpu Investment Holding Group Co., Ltd., holds 37.30% of the shares, totaling 368,040,148 shares[12] Inventory and Receivables - Accounts receivable increased by 190.98% to ¥106,408,682.57 due to higher sales[16] - Inventory rose by 98.76% to ¥236,960,337.02 as a result of expanded production capacity[16] Future Outlook and Investments - The company expects a cumulative net profit of ¥16,308,000, representing a 35.00% increase compared to the previous year's ¥12,080,380[20] - The company has invested ¥140 million in Nanjing Jinpu Dongyu Investment Co., Ltd. as part of its capital expansion strategy[17] - The company plans to enhance market development efforts and expand production and sales scale, contributing to significant revenue growth[20] Compliance and Penalties - The company faced fines totaling ¥80,000 due to safety and environmental violations, which have since been rectified[17]