Financial Performance - The company reported a profit distribution plan to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total of 400,080,405 shares[4]. - The company's operating revenue for 2020 was approximately ¥3.21 billion, a decrease of 0.74% compared to 2019[16]. - The net profit attributable to shareholders for 2020 was approximately ¥116.67 million, an increase of 3.34% from 2019[16]. - The net profit after deducting non-recurring gains and losses was approximately ¥95.40 million, a decrease of 3.21% compared to 2019[16]. - The net cash flow from operating activities for 2020 was approximately ¥206.10 million, down 27.07% from 2019[16]. - The total assets at the end of 2020 were approximately ¥5.00 billion, an increase of 7.80% from the end of 2019[16]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥1.92 billion, up 6.93% from the end of 2019[16]. - The company reported a basic earnings per share of ¥0.29 for 2020, an increase of 3.57% from 2019[16]. - In 2020, the company achieved operating revenue of 3.213 billion yuan, a year-on-year decrease of 0.74%, while total profit reached 226 million yuan, an increase of 4.99%[70]. - The net profit attributable to the parent company was 116.67 million yuan, up 3.34% year-on-year, with a return on net assets of 6.31%[70]. - The total assets at the end of the reporting period were 5 billion yuan, a year-on-year increase of 7.80%[70]. - The company reported a retained earnings balance of 323.82 million yuan at the end of 2020, after accounting for the cash dividend distribution[166]. Business Transformation and Focus - The company has undergone significant business transformation since its listing in 1994, shifting its main business focus to advanced manufacturing in clean environmental protection and high-voltage porcelain insulators[15]. - The company operates in the advanced manufacturing sector, specifically in environmental equipment manufacturing and precision machinery[15]. - The company has maintained its core business in clean environmental engineering and high-voltage porcelain insulators without significant changes[25]. - The company is positioned in the clean environmental equipment and engineering industry, aligning with national policies promoting green development and sustainable practices[36]. - The company is focusing on the clean environmental equipment and engineering industry, driven by national policies promoting green development and ecological protection[135]. Shareholder and Governance - The company’s major shareholder has changed multiple times, with the current controlling shareholder being Chuangyuan Investment since 2008[15]. - The company has a total of 11 directors, all of whom participated in the board meeting to review the annual report[4]. - The board of directors confirmed that all financial reports in the annual report are true, accurate, and complete, with no significant omissions[4]. - The company has engaged with investors through 129 interactions on the Shenzhen Stock Exchange's investor platform during the reporting period[158]. - The actual controller, shareholders, and related parties have fulfilled their commitments during the reporting period, including a shareholding increase commitment by Chuangyuan Investment, which involved a minimum increase of 10 million yuan and a maximum of 50 million yuan[168]. - Chuangyuan Investment has cumulatively increased its shareholding by 5,782,053 shares, accounting for 1.45% of the total share capital, with a total investment of approximately 30.54 million yuan[169]. Research and Development - The company has a dedicated financial company and several subsidiaries involved in various sectors, including environmental engineering and precision manufacturing[15]. - The company is focused on developing new products and technologies, particularly in the fields of environmental protection and energy efficiency[27]. - The company plans to deepen the integration of production, education, and research, enhancing its technological innovation capabilities and competitive advantages[45]. - The company’s R&D investment for the reporting period was 161 million yuan, an increase of 8.58% year-on-year, with a total of 480 valid patents held[77]. - Jiangsu Sujing applied for and was granted 57 patents in 2020, including 5 invention patents, marking a breakthrough in international PCT patents[51]. - The company has established a stable and innovative R&D team, increasing investment in industry-university-research collaboration to enhance talent cultivation[55]. Market Presence and Strategy - The company has a strong presence in the air purification and energy-saving equipment sector, serving key national projects and exporting to over 40 countries[25]. - The company aims to expand its market reach by leveraging its technological advancements and strong customer relationships in both domestic and international markets[30]. - The company aims to achieve a revenue target of 215 billion yuan and a production volume of 22.6 billion units in the bearing industry by 2025, with year-on-year growth rates of 15.5% and 13% respectively[145]. - The company plans to invest 300 billion yuan in the construction of ultra-high voltage projects during the 14th Five-Year Plan period, with the total length of lines expected to increase from 28,352 kilometers in 2019 to 40,825 kilometers[142]. - The company will focus on capital operations to enhance market share and scale by acquiring high-quality enterprises related to its main business[147]. - The company plans to enhance its market presence and product offerings through strategic initiatives and technological advancements[88]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements made in the annual report[4]. - The company has implemented a comprehensive internal control system and annual self-evaluation to enhance risk management and operational efficiency[58]. - The company has engaged in a related transaction with Chuangyuan New Materials, purchasing ceramic microcrystalline abrasives for a total amount of 4.2711 million RMB, which is not exceeding the approved limit of 8 million RMB[183]. - The company has implemented measures to address potential risks from macroeconomic policies, exchange rates, and raw material costs[154]. Environmental and Social Responsibility - The company aims to achieve a 25% reuse rate of reclaimed water in major cities by 2025, in line with national environmental goals[37]. - The company is committed to supporting the national goal of carbon neutrality and has aligned its business strategies with environmental regulations[36]. - The company recognizes the importance of carbon neutrality and aims to align its strategies with national goals for ecological and environmental improvement[140]. - The company anticipates increased market demand for environmental monitoring and air quality management equipment due to new regulations on VOCs[136]. - The company is preparing for enhanced wastewater treatment capabilities, with national goals for water resource utilization set for 2025[138]. Subsidiaries and Investments - The company has a strong presence in the high-voltage porcelain insulator market through its subsidiaries, Suzhou Electric Porcelain and Gaoke Electric Porcelain, focusing on the production of insulators for ultra-high voltage transmission lines and urban rail transit[29]. - The company’s subsidiary, Jiangsu Sujing, is recognized as a national key high-tech enterprise and a leading supplier in air purification and energy-saving solutions[37]. - The total assets of Jiangsu Sujing, a subsidiary, amounted to 1,903,536,781.69 CNY, with a net profit of 89,591,247.71 CNY[124]. - Suzhou Electric Porcelain, another subsidiary, reported total assets of 1,057,137,811.30 CNY and a net profit of 61,070,281.17 CNY[124]. - The company completed the acquisition of 55% of Shanghai Beifen, enhancing its capabilities in energy-saving and environmental protection[82]. Production and Operations - The company employs a sales-driven production model, with procurement of raw materials based on production plans, and utilizes direct sales and bidding strategies to secure domestic and international orders[30]. - The precision bearing segment, represented by its subsidiary Suzhou Bearings, specializes in needle bearings and rolling elements, contributing to the company's diverse product offerings[31]. - The company emphasizes quality control and has established a comprehensive inspection system to ensure product standards in its porcelain insulator manufacturing[29]. - The environmental engineering segment includes advanced wastewater treatment and air pollution control technologies, addressing the needs of industries such as chemicals, electronics, and food processing[27]. - The company’s products are widely recognized for their quality and reliability, establishing a strong brand presence in the industry[30]. Financial Transactions and Investments - The company invested 30,000,000.00 CNY in a financial services company, representing a 10% stake[115]. - The financial company received approval from the China Banking and Insurance Regulatory Commission for capital increase and adjustment of equity structure on July 12, 2020[116]. - The financial company increased its registered capital from 300 million RMB to 600 million RMB, with the company contributing 30 million RMB, maintaining a 10% ownership stake[194]. - The financial services agreement with the financial company allows for a maximum annual loan amount of 1.1 billion RMB and a maximum annual interest of 50 million RMB[188]. - The company’s financial transactions with the financial company are deemed to have manageable risks, with no significant deficiencies in risk control identified[191]. Challenges and Market Conditions - Approximately 17% of the company's revenue comes from export markets, which face significant uncertainty due to the ongoing COVID-19 pandemic[153]. - The company has established long-term partnerships with key suppliers to mitigate risks associated with raw material price fluctuations[155]. - The company will closely monitor national infrastructure policies to adjust its product structure and enhance market competitiveness[152].

Financial Performance - Operating revenue for the reporting period was ¥784,738,707.29, a decrease of 3.14% compared to the same period last year[9] - Net profit attributable to shareholders of the listed company was ¥25,448,535.97, down 7.33% year-on-year[9] - The basic earnings per share for the reporting period was ¥0.06, a decline of 14.29% compared to the previous year[9] - The weighted average return on net assets was 1.35%, a decrease of 0.27 percentage points from the previous year[9] - The total profit for the period was CNY 165,354,002.10, slightly down from CNY 168,599,653.80, indicating a decrease of about 1.5%[47] - The company reported a net profit of CNY 150,110,520.31, compared to CNY 149,107,032.39 in the same period last year, reflecting a marginal increase of 0.7%[47] - Operating revenue for the period was CNY 63,400,802.02, down from CNY 127,034,296.64, a decline of about 50%[50] - The company's operating profit was CNY 29,212,093.22, compared to CNY 27,924,635.57 in the previous period, indicating an increase of approximately 4.6%[51] Assets and Liabilities - Total assets at the end of the reporting period reached ¥4,937,750,524.90, an increase of 6.45% compared to the end of the previous year[9] - The company's total liabilities reached CNY 2,328,935,470.15, compared to CNY 2,243,624,536.43, marking a rise of approximately 3.81%[32] - Current liabilities totaled CNY 2,199,466,094.33, up from CNY 2,105,361,912.67, indicating an increase of about 4.46%[32] - Non-current liabilities decreased to CNY 129,469,375.82 from CNY 138,262,623.76, a reduction of about 6.43%[32] - The total current assets were CNY 82,502,587.10, with cash and cash equivalents at CNY 42,526,086.92[65] Shareholder Information - Net assets attributable to shareholders of the listed company amounted to ¥1,901,907,411.38, reflecting a growth of 6.13% year-on-year[9] - The total number of ordinary shareholders at the end of the reporting period was 33,432[11] - The largest shareholder, Suzhou Chuangyuan Investment Development (Group) Co., Ltd., held 35.77% of the shares, totaling 143,125,054 shares[11] - The total equity attributable to shareholders rose to CNY 1,901,907,411.38 from CNY 1,792,124,318.97, marking an increase of approximately 6.12%[33] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥70,851,282.41, down 37.23% year-on-year[9] - Investment activities generated a net cash flow of -¥85,118,709.41, a decline of 79.87% due to the company's participation in a financial company's capital increase[17] - Cash flow from financing activities improved by 91.21% to -¥11,399,883.85, due to increased cash received from public offerings by subsidiaries[17] - The net cash flow from operating activities for Q3 2020 was ¥70,851,282.41, a decrease of 37.3% compared to ¥112,872,858.72 in Q3 2019[55] Expenses and Costs - Total operating costs decreased to ¥733,888,683.70, down 3.1% from ¥757,312,176.26[39] - Financial expenses rose by 90.69% to ¥17,038,879.00, primarily due to exchange rate fluctuations affecting foreign exchange gains and losses[16] - Research and development expenses increased to ¥37,935,340.66, up from ¥34,177,764.98 in the previous period[39] - Operating expenses were reduced by 5% compared to the previous quarter, reflecting improved efficiency[69] Future Outlook and Strategic Initiatives - The company provided a future outlook, projecting a revenue growth of 10% for the next quarter, driven by new product launches[69] - Market expansion plans include entering two new international markets by Q2 2021, aiming for a 25% increase in market share[69] - The company announced a strategic acquisition of a smaller tech firm for $10 million, expected to enhance product offerings[69] - A new product line is set to launch in Q1 2021, anticipated to contribute an additional $2 million in revenue[69] User and Market Data - User data showed a growth in active users by 20% compared to the previous quarter, reaching a total of 1.5 million active users[69] - The company reported a gross margin of 40%, maintaining stability despite market fluctuations[69]

创元科技股份有限公司 CREATE TECHNOLOGY & SCIENCE CO., LTD. 2020 年半年度报告 董事长 刘春奇 披露日期：二〇二〇年八月二十五日 创元科技股份有限公司 2020 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人（会计 主管人员）马翔峰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 公司已在本报告内详细描述可能存在的相关风险，敬请查阅"第四节经营 情况讨论与分析"中可能面临的风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 第 2 页 | 第十二节 | | --- | | 备查文件目录 145 | 创元科技股份有限公司 2020 年半年度报告全文 释 义 | 释义项 | 指 | 释义内容 | | ...

创元科技股份有限公司 CREATE TECHNOLOGY & SCIENCE CO.,LTD. 2020 年第一季度报告 董事长 刘春奇 披露日期：二〇二〇年四月二十八日 创元科技股份有限公司 2020 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人(会计主 管人员)马翔峰声明：保证季度报告中财务报表的真实、准确、完整。 2 创元科技股份有限公司 2020 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 | 项 目 | 本报告期 | 上年同期 | 本报告期比上年同期 | | --- | --- | --- | --- | | | | | 增减（%） | | 营业收入（元） | 629,437,036.39 | 834,355,101.30 | -24.56 | | 归属于上市公司股东的净利润（元） | 14,282,548.42 ...

Financial Performance - The company's operating revenue for 2019 was ¥3,237,263,431.25, representing an increase of 8.50% compared to ¥2,983,726,283.80 in 2018[17] - The net profit attributable to shareholders for 2019 was ¥112,904,825.37, a growth of 31.12% from ¥86,106,437.88 in the previous year[17] - The net profit after deducting non-recurring gains and losses was ¥98,568,836.94, reflecting a 39.54% increase from ¥70,640,736.31 in 2018[17] - The net cash flow from operating activities was ¥282,617,264.97, up 12.95% from ¥250,220,874.48 in 2018[17] - The basic earnings per share for 2019 was ¥0.28, an increase of 27.27% compared to ¥0.22 in 2018[17] - The total assets at the end of 2019 were ¥4,638,704,061.41, a 5.91% increase from ¥4,379,788,960.91 at the end of 2018[17] - The net assets attributable to shareholders increased by 10.67% to ¥1,792,124,318.97 from ¥1,619,366,898.99 in 2018[17] - The weighted average return on net assets for 2019 was 6.66%, up from 5.26% in 2018[17] Dividend Policy - The company plans not to distribute cash dividends or issue bonus shares[5] - The company did not distribute cash dividends for the fiscal year 2019, as the earnings per share available for distribution to shareholders was below 0.1 yuan[160] - In 2019, the total cash dividend amount for the company was 0, while in 2018 it was approximately 86.11 million yuan, and in 2017 it was approximately 40 million yuan, representing a payout ratio of 60.22%[158] - The company plans to use undistributed profits to supplement its working capital[160] Business Operations - The company maintained its core business focus on clean environmental engineering and high-voltage porcelain insulators, with no significant changes in its main business scope during the reporting period[26] - The company has established itself as a leading supplier in air purification and energy-saving environmental technology, with products widely used in emerging industries such as biomedicine and aerospace[26] - The company operates eight wholly-owned and holding subsidiaries, including Jiangsu Sujing Group Co., Ltd., recognized as a national innovative pilot enterprise[26] - The company’s cleanroom solutions are applicable in industries requiring controlled environments, such as semiconductor manufacturing and pharmaceuticals, with energy efficiency improvements of up to 20%[27] - The company exported its core products to over 30 countries, including the USA, Russia, and Japan, enhancing its international market presence[26] Research and Development - The company invested CNY 149 million in R&D during the reporting period, an increase of 8.70% year-on-year, and holds 425 valid patents, including 122 invention patents[71] - Jiangsu Sujing has received approval to build an advanced technology research institute, focusing on real-time monitoring instruments and efficient environmental technologies[42] - The company has been awarded 37 patents during the reporting period, including 7 invention patents, and has applied for 90 additional patents[44] Market Trends and Future Outlook - The company anticipates significant growth in the power transmission market, with an expected addition of 92,000 kilometers of 500 kV and above AC lines by 2020, and a total investment of nearly 90 billion yuan in distribution network construction during the 13th Five-Year Plan[133] - The railway and urban transit market is projected to expand, with the railway network expected to reach 150,000 kilometers by 2020, including 30,000 kilometers of high-speed rail, and further growth to 175,000 kilometers by 2025[134] - The precision bearing industry is expected to see a shift towards self-sufficiency, with 40% of core components achieving domestic production by 2020, increasing to 70% by 2025, driven by national manufacturing policies[135] - The company is focusing on enhancing the precision and reliability of its products, in line with national strategies to improve high-end manufacturing capabilities and reduce reliance on imports[136] Risk Management - The company faces operational risks due to raw material price fluctuations and potential cash flow issues from rising accounts receivable[147] - To mitigate risks, the company is shifting from a product sales model to a technology and service-oriented approach, enhancing customer engagement[149] - The company aims to enhance basic management and risk control to ensure orderly operations amidst challenges posed by the COVID-19 pandemic[140] Corporate Governance - The company emphasizes the importance of party leadership in corporate governance to enhance political and operational capabilities[146] - The company has maintained a continuous relationship with the accounting firm for 14 years, with the current audit fee set at 1.8 million yuan[168] - The company has not engaged in any major litigation or arbitration matters during the reporting period[170] Financial Management - The company reported a maximum daily deposit balance of RMB 368.01 million in the financial company during the reporting period[181] - The loan balance from the financial company to the company was RMB 543.11 million, with cumulative loan interest amounting to RMB 22.74 million[181] - The total credit granted by the financial company to the company was RMB 888 million[181] - The company signed a financial service agreement with the financial company, allowing for annual loans up to RMB 1.1 billion and annual interest not exceeding RMB 50 million[179] Subsidiary Performance - Jiangsu Sujing, a subsidiary, reported operating income of CNY 1,570,435,332.26 and a net profit of CNY 84,489,508.01[119] - Suzhou Electric Porcelain, another subsidiary, generated operating income of CNY 565,684,277.19 with a net profit of CNY 46,264,721.40[120] - The total assets of Suzhou Bearing, a subsidiary, amounted to CNY 452,033,388.31, with a net profit of CNY 66,329,951.11[120]

创元科技股份有限公司 CREATE TECHNOLOGY & SCIENCE CO.,LTD. 2019 年第三季度报告 董事长 刘春奇 披露日期：二〇一九年十月二十九日 创元科技股份有限公司 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人(会计主 管人员)马翔峰声明：保证季度报告中财务报表的真实、准确、完整。 2 创元科技股份有限公司 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 | 项 目 | 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） | 4,323,975,730.55 | 4,379,788,960.91 | | -1.2 ...

创元科技股份有限公司 CREATE TECHNOLOGY & SCIENCE CO., LTD. 2019 年半年度报告 董事长 刘春奇 披露日期：二〇一九年八月二十日 创元科技股份有限公司 2019 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人(会计主 管人员)马翔峰声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司已在本报告中详细描述可能面对的主要风险，详见本报告"第四节 经 营情况讨论与分析"中第十项"公司面临的风险和应对措施"相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | ﮯ | | --- | | | | 创元科技股份有限公司 2019 年半年度报告全文 释义 | 释义项 | 指 | 释义内容 | | | --- | --- | --- | --- | | 中国证监会 | 指 | 中国证券监督管理委员会 | ...

创元科技股份有限公司 CREATE TECHNOLOGY & SCIENCE CO.,LTD. 2019 年第一季度报告 董事长 刘春奇 披露日期：二〇一九年四月二十七日 创元科技股份有限公司 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人(会计主 管人员)马翔峰声明：保证季度报告中财务报表的真实、准确、完整。 2/26 创元科技股份有限公司 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 √ 适用 □ 不适用 创元科技股份有限公司 2019 年第一季度报告全文 单位：元 | 项 目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -74,428.86 | | | 计入当期损益的政府补助 ...

Financial Performance - The company's operating revenue for 2018 was ¥2,983,726,283.80, representing a 15.18% increase compared to ¥2,590,505,593.52 in 2017[16] - The net profit attributable to shareholders for 2018 was ¥86,106,437.88, a 29.62% increase from ¥66,431,552.62 in 2017[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥70,640,736.31, up 54.34% from ¥45,769,263.61 in 2017[16] - The net cash flow from operating activities for 2018 was ¥250,220,874.48, an increase of 44.15% compared to ¥173,585,129.04 in 2017[16] - The total assets at the end of 2018 were ¥4,379,788,960.91, a 3.85% increase from ¥4,217,485,918.06 at the end of 2017[16] - The net assets attributable to shareholders at the end of 2018 were ¥1,619,366,898.99, a slight increase of 0.16% from ¥1,616,783,073.59 at the end of 2017[16] - The basic earnings per share for 2018 were ¥0.22, a 29.41% increase from ¥0.17 in 2017[16] - The diluted earnings per share for 2018 were also ¥0.22, reflecting the same growth of 29.41% from ¥0.17 in 2017[16] - The weighted average return on equity for 2018 was 5.26%, up from 4.06% in 2017[16] Cash Flow and Investments - The company reported a total investment amount for the reporting period was ¥148,322,257.98, representing a 34.09% increase compared to ¥110,613,704.88 in the same period last year[110] - The net cash flow from financing activities decreased by 138.43% year-on-year, resulting in a net outflow of ¥96,880,877.04, largely due to increased profit distribution[101] - The company's cash and cash equivalents increased by ¥35,305,798.95, a decrease of 26.54% compared to the previous year[101] - The company has restricted assets totaling ¥497,905,168.19, including cash of ¥79,381,983.17 and accounts receivable of ¥123,594,500.00 due to bank guarantees and pledges[109] - The company held securities investments with a total initial investment cost of ¥22,201,155.03, with a year-end book value of ¥190,968,192.84[115] Subsidiaries and Business Segments - The company has maintained its core business in manufacturing, focusing on clean environmental engineering and high-voltage porcelain insulators, among other products[25] - The company has two subsidiaries in the porcelain insulator business, which includes Suzhou Electric Porcelain and Gaoke Electric Porcelain, serving the power transmission and traction supply sectors[29] - The company’s precision bearing subsidiary, Suzhou Bearing, produces various types of bearings widely used in automotive, home appliances, and defense industries, recognized as a military product manufacturer[31] - Jiangsu Sujing, a subsidiary of the company, is a leading supplier in air purification and energy-saving environmental protection, with significant technological innovations[36] - The subsidiary Jiangsu Sujing reported a net profit of ¥79,170,361.61, contributing significantly to the company's overall profitability[120] - The subsidiary Suzhou Electric Porcelain incurred a net loss of ¥27,817,433.59, indicating ongoing operational challenges[120] Research and Development - The company invested 137 million yuan in R&D, accounting for 4.58% of its operating revenue, with a year-on-year increase of 11.76%[75] - The company established a joint academic workstation with Beijing higher education institutions, focusing on key projects like real-time monitoring instruments for atmospheric particulate matter[76] - The company has a stable R&D team and has increased investment in industry-university-research collaboration, enhancing the cultivation of technical talents[50] - The number of R&D personnel decreased by 4.12% to 605, while the proportion of R&D personnel to total employees slightly declined to 18.52%[98] - Research and development expenses for 2018 were ¥136,772,674.98, which is 4.58% of the audited operating income[98] Market and Industry Position - The company is positioned to benefit from the growing demand for clean technology solutions as environmental regulations become stricter[33] - The company is focusing on the clean environmental equipment and engineering industry, emphasizing the importance of green development as highlighted in national policies[133] - The company is positioned to benefit from the domestic high-voltage transmission and transformation market, with significant infrastructure investments planned through 2020[135] - The company is also targeting opportunities in the railway and urban transit sectors, with national plans to expand railway mileage significantly by 2020[137] - The company aims to expand its market presence in Europe by leveraging its German subsidiary[140] Environmental Commitment - The company emphasizes environmental protection, aligning with national policies aimed at reducing pollution and improving ecological quality, as highlighted by recent government initiatives[33] - The company’s environmental systems include advanced water treatment and waste management solutions, effectively removing harmful substances from industrial wastewater[32] - The company’s subsidiaries have obtained ISO14001 environmental management system certification, indicating a commitment to environmental protection and resource efficiency[197] - The company has zero discharge outlets, indicating no direct emissions[200] - The company does not belong to the key pollutant discharge units published by the environmental protection department[200] Shareholder Returns and Dividends - The company plans not to distribute cash dividends or issue bonus shares[5] - The company completed a dividend distribution of 40.08 million yuan for the year 2017, continuing its commitment to shareholder returns[82] - The company did not distribute cash dividends for the year 2018, as the profit available for distribution was below 0.1 yuan per share[158] - The company reported a cash dividend of 40.008 million yuan for the 2017 fiscal year, distributing 1.00 yuan per 10 shares[155] Risks and Challenges - The company has identified policy risk as a significant challenge, with potential impacts from changes in national industrial policies[144] - The company anticipates a challenging 2019, with potential negative growth in the domestic market due to structural adjustments in the automotive industry[138] - The company will implement measures to mitigate exchange rate risks due to its significant export business[146] Corporate Governance and Compliance - The company has been recognized as an A-class company for information disclosure for four consecutive years, highlighting its commitment to transparency[198] - The company did not face any conditions that would lead to suspension or termination of its listing[167] - There were no significant accounting errors requiring retrospective restatement during the reporting period[164] - The company has no significant litigation or arbitration matters during the reporting period[169] - The company has no significant related party transactions involving asset or equity acquisitions or sales during the reporting period[174]

创元科技股份有限公司 2018 年第三季度报告正文 证券代码：000551 证券简称：创元科技 公告编号：dq2018-04 创元科技股份有限公司 2018 年第三季度报告正文 第一节 重要提示 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。 公司负责人刘春奇、主管会计工作负责人殷汉根及会计机构负责人(会计主管人员)马翔峰声明：保证 季度报告中财务报表的真实、准确、完整。 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 | 项 目 | 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） | 4,166,840,121.05 | 4,217,485,918.06 | | -1.20 | | 归属于上市公司股东的净资产（元） | 1,625,659,399.40 | 1,616,78 ...