证券代码：000612 证券简称：焦作万方 2021 年 1 月 19 日焦作万方铝业股份有限公司投资者关系 活动记录表 编号：2021-001 | --- | --- | --- | |----------------|----------------------------------------|------------| | | | | | 投 资 者 关 系 | □ 特定对象调研 | 分析师会议 | | 活动类别 | □ 媒体采访 | 业绩说明会 | | | □ 新闻发布会 | 路演活动 | | | □ 现场参观 | 电话会议 | | | □ 其他 （） | | | 参 与 单 位 名 | 1 、华安证券股份有限公司 许勇其 | 翁嘉敏 | | 称 及 人 员 姓 | 2、景林资产管理有限公司 李署 | | | 名 | 3 、上投摩根 王道斌 | | | | 4 、同晟投资 张珊 | | | | 5、招商期货 许红萍 | | | | 6、富敦投资咨询有限公司 刘逸飞 | | | | 7 、中欧基金管理有限公司 高松 | 魏晓康 | | | 8 、北京沃时资产管理有限公司 温晓波 | | | | 9 ...

Financial Performance - The company's revenue for Q3 2022 reached ¥1,472,282,420.39, representing a 115.65% increase year-over-year[6]. - The net profit attributable to shareholders was a loss of ¥30,792,741.16, a decrease of 245.70% compared to the same period last year[6]. - The net profit after deducting non-recurring gains and losses was also a loss of ¥30,786,070.90, down 119.84% year-over-year[6]. - Operating income decreased by 88.83% to ¥19,132,972.30 due to significant losses from last year's flood[17]. - Net profit for the period was ¥352,192,079.49, a decrease of 33% from ¥526,111,272.05 in the same period last year[39]. - The total comprehensive income for the period was CNY 354,926,536.04, a decrease from CNY 527,118,326.04 in the previous period[42]. - Basic and diluted earnings per share were both CNY 0.295, down from CNY 0.441 in the previous period[42]. Cash Flow - The operating cash flow for the year-to-date period was ¥708,533,197.08, an increase of 57.92% compared to the previous year[6]. - Net cash flow from operating activities increased by 57.92% to ¥708,533,197.08, attributed to a reduction in inventory and an increase in accounts payable[17]. - Cash inflow from operating activities totaled CNY 6,480,594,663.50, compared to CNY 4,322,574,098.28 in the previous period, representing a significant increase[45]. - Net cash flow from operating activities was CNY 708,533,197.08, up from CNY 448,658,291.46 in the previous period[45]. - Net cash flow from investing activities was negative at ¥57,791,779.06, mainly due to a decrease in returned futures margin and increased payments for engineering projects[17]. - Cash outflow for investment activities was CNY 454,071,839.65, compared to CNY 325,148,715.42 in the previous period[48]. - Net cash flow from financing activities was negative at ¥598,473,936.27, primarily due to increased repayment of bank loans and higher dividend payments[17]. - Net cash flow from financing activities was -CNY 598,473,936.27, compared to -CNY 127,405,011.07 in the previous period, indicating increased cash outflow[48]. Assets and Liabilities - The total assets at the end of the reporting period were ¥7,751,079,094.65, a decrease of 1.53% from the end of the previous year[6]. - Total assets decreased to ¥7,751,079,094.65 from ¥7,871,596,875.12, indicating a reduction in overall asset value[35]. - Total liabilities decreased to ¥2,399,443,566.14 from ¥2,778,142,083.33, showing a decline in financial obligations[35]. - The company's equity attributable to shareholders increased to ¥5,351,635,528.51, up 5.07% from the previous year[9]. - Inventory levels decreased to ¥784,310,653.18 from ¥965,713,680.76, indicating improved inventory management[31]. - Long-term equity investments increased to ¥2,923,402,236.64 from ¥2,706,898,960.88, suggesting a strategic focus on long-term growth[31]. Operational Performance - The operating costs for the year-to-date period were ¥4,715,999,049.47, reflecting a 55.89% increase year-over-year due to higher sales volume and raw material prices[14]. - Total operating revenue for the period reached ¥4,951,985,047.18, an increase of 28.2% compared to ¥3,865,486,602.32 in the previous period[36]. - Total operating costs amounted to ¥4,858,816,607.90, up from ¥3,132,866,527.79, reflecting a significant increase in operational expenses[36]. - The company experienced a 41.6% increase in electricity coal procurement prices and a nearly 70% rise in anode procurement prices, impacting profitability[22]. - In Q3 2022, the company reported a 14% decrease in aluminum product prices compared to the first half of the year, leading to losses in main business profits[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 93,620, with the top ten shareholders holding significant stakes[18]. - The largest shareholder, Zhangshu City and Tai'an Cheng Investment Management Center, holds 17.30% of shares, totaling 206,278,976 shares[18]. Investment Performance - The investment income for the year-to-date period was ¥264,824,169.27, a significant increase of 329.23% compared to the same period last year[14]. - The company reported a significant increase in investment income of ¥264,824,169.27 compared to ¥61,697,681.30 in the previous period, highlighting improved investment performance[39]. - The company received CNY 396,280,060.59 in cash inflow from investment activities, compared to CNY 342,424,644.37 in the previous period[48]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[39]. - The company completed the election of the ninth board of directors and supervisory board on September 1, 2022, during the third extraordinary general meeting of shareholders[24].

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 3,479,702,626.79, representing a 9.33% increase compared to CNY 3,182,759,920.19 in the same period last year[26]. - Net profit attributable to shareholders of the listed company decreased by 24.16% to CNY 382,984,820.65 from CNY 504,976,588.55 year-on-year[26]. - The net profit after deducting non-recurring gains and losses was CNY 320,001,105.69, down 40.13% from CNY 534,468,406.53 in the previous year[26]. - The net cash flow from operating activities was CNY 779,622,461.35, a decrease of 19.46% compared to CNY 967,988,605.01 in the same period last year[26]. - Basic earnings per share were CNY 0.321, down 24.29% from CNY 0.424 in the previous year[26]. - The total comprehensive income for the first half of 2022 was approximately ¥385.72 million, down 23.7% from ¥505.98 million in the same period of 2021[195]. - The total profit for the first half of 2022 was approximately ¥450.58 million, a decrease of 31.2% from ¥655.93 million in the same period of 2021[198]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 7,960,208,914.48, an increase of 1.13% from CNY 7,871,596,875.12 at the end of the previous year[26]. - Total liabilities decreased to CNY 2,580,886,902.46 from CNY 2,778,142,083.33, a reduction of approximately 7.1%[183]. - The company's equity attributable to shareholders increased to CNY 5,379,322,012.02 from CNY 5,093,454,791.79, reflecting a growth of about 5.6%[183]. - Short-term borrowings decreased significantly to CNY 717,309,109.70 from CNY 1,102,787,063.74, a reduction of approximately 34.9%[181]. - The company's current assets totaled CNY 2,382,165,491.37, slightly down from CNY 2,385,059,138.46 at the start of the year[181]. Revenue and Costs - Operating costs increased by 28.83% to ¥3,164,684,259.85, primarily due to a significant rise in raw material procurement prices[46]. - Total operating costs amounted to CNY 3,247,613,557.01, up from CNY 2,536,876,144.83 in the previous year[193]. - The operating cost for aluminum ingots increased by 135.98% year-on-year, primarily due to changes in sales structure and increased sales volume[51]. - Revenue from outside Henan Province increased by 47.74% year-on-year, reaching ¥759,212,267.82[47]. Investments and Income - The company reported a significant increase in investment income, reaching CNY 191,148,300.41, compared to CNY 688,577.93 in the previous year[193]. - The company’s investment income amounted to ¥191,148,300.41, accounting for 42.58% of total profit[53]. - The company reported a total of CNY 62,983,714.96 in non-recurring gains and losses during the reporting period[30]. Environmental and Social Responsibility - The company has implemented environmental protection measures, achieving superior emission standards compared to industry norms[43]. - The company has established six dry purification treatment facilities and six limestone-gypsum wet desulfurization facilities, achieving an operational efficiency of over 95% for pollution control facilities[95]. - The company is actively involved in social responsibility initiatives, including poverty alleviation and rural revitalization efforts[109]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 97,850, with significant shareholders holding over 5% of shares[158]. - The largest shareholder, Zhangshu City and Tai'an Investment Management, holds 17.30% of shares, totaling 206,278,976 shares[158]. - The company repurchased 9,300,000 shares in a repurchase agreement, which was redeemed on July 20, 2022, leaving the group with 62,180,000 shares, representing 5.22% of total shares[161]. Corporate Governance - There were no changes in the company's board of directors, supervisors, or senior management during the reporting period[91]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[114]. - The half-year financial report has not been audited[116].

焦作万方铝业股份有限公司关于 参加河南辖区上市公司 2022 年投资者网上集体接待日活动的公告 证券代码：000612 证券简称：焦作万方 公告编号：2022-026 焦作万方铝业股份有限公司关于 参加河南辖区上市公司 2022 年投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，焦作万方铝业股份有限公司（以下简称"公 司"）定于 2022 年 5 月 30 日（周一）15:30-17:00 参加在全景网举办的"真诚沟通 传递价值"河南辖区上市公司 2022 年投资者网上集体接待日活动，本次活动将采用网 络远程的方式举行，投资者可登录"全景•路演天下"（ http://rs.p5w.net）参与本 次互动交流。 出席本次网上集体接待日活动的人员有：公司董事长兼总经理霍斌先生、副总经 理兼财务总监郭杰斌先生、副总经理兼董事会秘书王科芳女士及相关工作人员（如有 特殊情况，参会人员将可能进行调整），欢迎广大投资者积极参与。 特此公告。 焦作万方铝业股份有限公司董事会 2022 年 5 月 24 日 ...

Financial Performance - The company's operating revenue for the year was ¥4,917,909,771.65, representing a 3.66% increase compared to the previous year[37]. - Net profit attributable to shareholders decreased by 30.16% to ¥396,619,026.90, down from ¥567,900,048.71 in the previous year[37]. - The net profit after deducting non-recurring gains and losses increased by 13.77% to ¥651,587,107.79, compared to ¥572,700,295.82 last year[37]. - The net cash flow from operating activities significantly dropped by 88.41% to ¥95,993,126.83, down from ¥828,427,755.59 in the previous year[37]. - The total assets of the company increased by 10.29% to ¥7,871,596,875.12 compared to the end of the previous year[37]. - The weighted average return on equity decreased by 4.40 percentage points to 8.01% from 12.41% in the previous year[37]. - The company reported a significant decline in quarterly net profit, with a loss of ¥129,492,245.15 in Q4, following profits in the first three quarters[40]. - The company achieved a total operating revenue of CNY 4,917,909,771.65 in 2021, representing a year-on-year increase of 3.66%[63]. - The net profit attributable to shareholders was CNY 39,662,000, with a total profit of CNY 46,143,000 for the year[60]. - The company reported a decrease in aluminum ingot sales volume by 12.94% to CNY 980,930,280.66, while aluminum liquid sales increased by 3.08% to CNY 3,041,514,756.48[63]. Dividends and Shareholder Returns - The company reported a cash dividend of 0.90 yuan per 10 shares, based on a total of 1,192,199,394 shares, with no stock bonus[5]. - The proposed profit distribution plan for 2021 is to distribute a cash dividend of CNY 0.90 per 10 shares (including tax), totaling CNY 107,297,945.46 (including tax), which represents 30.1% of the net profit available for distribution to shareholders[181][197]. - The company has no plans for stock dividends or capital reserve transfers in 2021, focusing solely on cash dividends[197]. - The cash dividend amount distributed in 2021 is in compliance with the requirement that it should not be less than 10% of the net profit available for distribution[197]. Operational Strategy and Market Position - The main business of the company remains aluminum smelting and processing, with no changes since its listing[33]. - The company has a total electrolytic aluminum production capacity of 420,000 tons, positioning it as a key player in the industry[52]. - The company emphasizes green development and has implemented ultra-low emissions modifications to reduce pollutant discharge significantly[52]. - The company is strategically located in Henan Province, benefiting from a complete aluminum industry chain and stable supply of raw materials[53]. - The company has implemented a coal-electric-aluminum integrated operation strategy to mitigate price fluctuations in coal and prebaked anode costs[54]. - The company aims to enhance its integrated operations in coal, electricity, aluminum, and aluminum processing to improve overall competitiveness[103]. - The company plans to focus on profit maximization and market orientation while promoting management reforms to stimulate internal motivation and ensure operational breakthroughs[103]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share by 2023[145]. Environmental and Social Responsibility - The company has been recognized as a "B-class enterprise" for performance in heavy pollution weather by the Ministry of Ecology and Environment, highlighting its commitment to environmental standards[58]. - The company is committed to advancing new products and technologies to enhance product quality and reduce electricity costs[108]. - The company has implemented environmental management systems to comply with national standards and aims to maintain industry-leading emission levels[109]. - The company has set a target to reduce carbon emissions by 25% by 2025 through the implementation of green technologies[145]. Governance and Management - The company has no controlling shareholder or actual controller as of July 2013[33]. - The company maintains complete independence from its shareholders in terms of assets, personnel, finance, and operations[119]. - The company has established a robust internal control system and governance structure, aligning with regulatory requirements[118]. - The board of directors operates efficiently, with committees in place for strategy, audit, nomination, and compensation[118]. - The company has not engaged in any related party transactions that would compromise its independence[119]. - The company continues to enhance its investor relations management and information disclosure practices[118]. - The company experienced a significant management change with the resignation of the general manager Zhou Chuanliang due to health reasons on July 13, 2021[131]. - The company has appointed Wu Yongding as a new board member effective November 30, 2021, to ensure continuity in leadership[134]. - The company is focused on maintaining stability in its board and management team during the transition period, with elections for new board members postponed[134]. Financial Management and Investments - The company's financial expenses decreased by 55.92% to ¥23,788,228.12, attributed to adjustments in financing structure and increased income from large deposits[74]. - The total profit from investment reached ¥117,199,725.52, accounting for 25.40% of total profit, mainly from recognized investment income from joint ventures[78]. - The company reported a total investment of ¥63,230,043.90, a decrease of 28.79% compared to the previous year's investment of ¥88,792,869.82[84]. - The company has established internal control measures for futures hedging business to mitigate risks associated with market fluctuations[92]. - The company holds a 30% stake in Jiaozuo Coal Industry Group Zhao Gu (Xinxiang) Energy Co., which reported a net profit of 455.46 million CNY, a 75% year-on-year increase due to rising coal prices[99]. - The company owns an 11.73% stake in China Rare Earth Holdings, which reported a net profit of 529.80 million CNY, with a 438% year-on-year increase attributed to rising rare earth prices and gains from the sale of gallium assets[99]. Employee and Training Initiatives - The total number of employees at the end of the reporting period was 2,318, with 2,136 in production, 13 in sales, 86 in technology, 16 in finance, and 67 in administration[188]. - The company has implemented a training plan aimed at enhancing employee skills, focusing on safety, environmental protection, and specialized skills[193]. - The company has no employee stock ownership plans or other employee incentive measures in place during the reporting period[198]. Challenges and Future Outlook - In 2022, the company will address challenges from the "dual carbon" policy and energy consumption controls, focusing on safety, management, and market analysis to enhance profitability[104]. - The company recognizes the risks posed by the global COVID-19 pandemic and plans to enhance supply chain management and market analysis to mitigate these risks[110]. - User data indicates a 30% increase in demand for aluminum products in the automotive sector[145]. - Research and development expenses increased by 10% to 100 million CNY, focusing on innovative aluminum processing technologies[145]. - The company aims for a net profit margin of 8% for the upcoming fiscal year, up from 6% in 2021[145]. - A strategic acquisition of a local competitor is anticipated to enhance production capabilities and reduce costs by 5%[145].

Financial Performance - The company's revenue for Q1 2022 was ¥1,686,087,865.04, representing a 7.41% increase compared to ¥1,569,696,516.46 in the same period last year[4] - Net profit attributable to shareholders was ¥202,761,343.77, a decrease of 2.50% from ¥207,960,891.80 year-on-year[4] - Basic earnings per share decreased by 2.30% to ¥0.170 from ¥0.174 in the same period last year[6] - Operating profit for the quarter was ¥240,001,446.75, down 11.3% from ¥270,630,999.84 in the same period last year[35] - Net profit attributable to the parent company was ¥202,761,343.77, a decrease of 2.9% from ¥207,960,891.80 year-over-year[35] - The total comprehensive income for the quarter was ¥202,761,343.77, compared to ¥207,864,774.48 in the previous year, reflecting a slight decline[38] Cash Flow - The net cash flow from operating activities was ¥332,701,230.94, down 43.69% from ¥590,860,191.99 in the previous year[4] - Cash flow from operating activities amounted to ¥1,832,906,955.60, an increase from ¥1,697,373,685.14 in the prior year[41] - The net cash flow from investment activities was -¥35,474,251.89, a decline from ¥3,684,299.23 in the prior period[45] - The net cash flow from financing activities was -¥242,014,305.24, reflecting an increase in bank loan repayments[14] - Cash inflow from financing activities was 140,000,000.00, down from 360,219,010.41 in the previous period[45] - The ending balance of cash and cash equivalents was 754,395,624.49, slightly down from 771,805,759.15 in the previous period[45] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,923,754,213.54, a 0.66% increase from ¥7,871,596,875.12 at the end of the previous year[6] - Total liabilities decreased to ¥2,621,523,583.62 from ¥2,778,142,083.33, reflecting a reduction of approximately 5.6%[27] - The total current assets decreased slightly to ¥2,361,196,453.66 from ¥2,385,059,138.46 at the beginning of the year[21] - The company's fixed assets decreased to ¥2,195,881,353.59 from ¥2,253,456,577.48[24] - The total liabilities include accounts payable of ¥228,430,551.98, down from ¥287,081,438.19[24] Shareholder Information - The total number of common shareholders at the end of the reporting period is 101,206[15] - The largest shareholder, Zhangshu City and Tai'an Cheng Investment Management Center, holds 17.30% of shares, totaling 206,278,976 shares[15] Investment and Expenses - The company reported a significant increase in investment income, which rose by 1114% to ¥98,482,126.53 compared to ¥8,113,749.51 in the same period last year[11] - Research and development expenses were reported at ¥16,400,325.49, slightly lower than ¥17,022,035.23 in the previous year[35] - The company reported a decrease in tax expenses to ¥35,784,165.63 from ¥62,527,582.58, indicating a reduction of 42.8%[35] - The company experienced a 45% decrease in tax and additional fees, primarily due to a reduction in payable value-added tax[11]

Revenue and Profit - Revenue for Q3 2021 was ¥682,726,682.13, a decrease of 44.73% compared to the same period last year[5] - Net profit attributable to shareholders was ¥21,134,683.50, down 90.29% year-on-year[5] - Net profit excluding non-recurring items was ¥155,193,875.02, a decrease of 30.61% compared to the same period last year[5] - Basic earnings per share were ¥0.018, down 90.29% year-on-year[5] - Total operating revenue for the period reached ¥3,865,486,602.32, an increase of 9.85% compared to ¥3,518,761,747.98 in the previous period[32] - Net profit for the period was ¥526,111,272.05, representing a significant increase of 42.6% compared to ¥368,830,504.11 in the previous period[35] - Total comprehensive income for the period reached ¥527,118,326.04, an increase from ¥369,298,751.04 in the previous period, representing a growth of approximately 42.7%[38] - Basic and diluted earnings per share both increased to ¥0.441 from ¥0.309, reflecting a growth of 42.5%[38] Assets and Liabilities - Total assets increased by 2.47% to ¥7,313,265,218.41 compared to the end of the previous year[7] - The company's total assets increased to ¥7,313,265,218.41 from ¥7,136,977,155.72, reflecting a growth of approximately 2.48%[31] - Total liabilities decreased to ¥2,016,788,033.64 from ¥2,311,451,923.37, indicating a reduction of about 12.7%[31] - Shareholders' equity attributable to the parent company rose by 9.76% to ¥5,296,477,184.77[7] - The equity attributable to shareholders of the parent company rose to ¥5,296,477,184.77, up from ¥4,825,525,232.35, marking an increase of approximately 9.73%[31] Cash Flow - Cash flow from operating activities decreased by 50.64% to ¥448,658,291.46 year-to-date[5] - Net cash flow from operating activities was ¥448,658,291.46, down from ¥908,925,874.06, indicating a decrease of approximately 50.7%[41] - Cash inflow from operating activities totaled ¥4,322,574,098.28, compared to ¥4,035,342,245.41 in the previous period, marking an increase of about 7.1%[41] - Cash outflow from operating activities was ¥3,873,915,806.82, up from ¥3,126,416,371.35, which is an increase of approximately 23.9%[41] - Net cash flow from investing activities was ¥17,275,928.95, a significant improvement from a negative cash flow of ¥97,827,447.95 in the previous period[43] - Cash inflow from financing activities amounted to ¥1,401,019,271.20, compared to ¥569,912,666.61 in the previous period, representing an increase of approximately 146.2%[44] - Cash outflow from financing activities totaled ¥1,528,424,282.27, up from ¥1,353,155,940.85, indicating an increase of about 12.9%[44] - The ending cash and cash equivalents balance was ¥729,748,974.43, compared to ¥480,824,101.54 in the previous period, reflecting an increase of approximately 52.0%[44] Shareholder Information - The total number of common shareholders at the end of the reporting period is 100,469[16] - The largest shareholder, Zhangshu City and Tai'an Cheng Investment Management Center, holds 17.30% of shares, totaling 206,278,976 shares[16] - The second-largest shareholder, Ningbo Zhongman Technology Management Co., Ltd., holds 11.87% of shares, totaling 141,529,491 shares[16] Operational Challenges and Plans - The company reported a significant increase in government subsidies, with other income rising by 936.91% to ¥20,987,302.31[15] - The company experienced a 3526.90% increase in other expenses due to flood losses[15] - The company estimates a reduction of approximately 70,000 tons in aluminum product output due to significant flood damage in July 2021[22] - The company is progressing with its production recovery plan following the flood[22] - Future outlook includes plans for market expansion and potential new product development initiatives[31] Research and Development - Research and development expenses for the period were ¥341.01, significantly lower than ¥2,138.65 in the previous period[35] Audit and Reliability - The report for the third quarter was not audited, which may affect the reliability of the financial data presented[45]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 3,182,759,920.19, representing a 39.38% increase compared to CNY 2,283,541,672.75 in the same period last year[24]. - The net profit attributable to shareholders of the listed company reached CNY 504,976,588.55, a significant increase of 233.90% from CNY 151,235,534.19 in the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 534,468,406.53, up 362.75% from CNY 115,497,458.29 year-on-year[24]. - The net cash flow from operating activities was CNY 967,988,605.01, an increase of 28.29% compared to CNY 754,543,549.84 in the same period last year[24]. - The basic earnings per share were CNY 0.424, reflecting a 233.86% increase from CNY 0.127 in the previous year[24]. - The total profit for the first half of 2021 was CNY 655.93 million, up from CNY 197.24 million in the previous year, reflecting a growth of 232.5%[184]. - The total comprehensive income for the first half of 2021 was CNY 507.95 million, compared to CNY 154.01 million in the previous year, an increase of 229.5%[187]. Revenue and Sales - The company achieved operating revenue of 3,182.76 million CNY, a year-on-year increase of 39.38%[33]. - Revenue from aluminum liquid reached ¥2,008,140,227.86, marking a 35.91% increase year-on-year[43]. - The company's sales volume for the period was 187,000 tons, a slight decrease of 1.68% year-on-year[33]. - Sales in Henan Province accounted for 83.85% of total revenue, with a year-on-year increase of 25.39%[43]. Costs and Expenses - Operating costs increased to ¥2,456,449,133.63, a rise of 20.18% compared to the previous year, primarily driven by higher prices for raw materials such as prebaked anodes and coal[40]. - The gross profit margin for the electrolytic aluminum industry was 22.82%, with a year-on-year increase of 12.33%[43]. - The company's financial expenses decreased significantly to CNY 13.04 million from CNY 36.14 million, a reduction of 64.1%[184]. - Research and development investment decreased significantly by 88.77%, with no specific amount reported for the current period[40]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 7,546,661,899.07, a 5.74% increase from CNY 7,136,977,155.72 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company were CNY 5,266,973,142.32, up 9.15% from CNY 4,825,525,232.35 at the end of the previous year[24]. - Total liabilities decreased to ¥2,279,688,756.75 from ¥2,311,451,923.37, a reduction of about 1.4%[163]. - Current liabilities totaled ¥1,893,985,045.40, down 17.1% from ¥2,284,045,692.91 in the previous year[175]. Environmental and Social Responsibility - The company emphasizes environmental protection, implementing ultra-low emissions standards ahead of industry norms[38]. - The company has implemented significant investments in environmental protection, leading to a substantial reduction in pollutant emissions[35]. - The company has established an environmental management system compliant with ISO14001:2004, enhancing its compliance with government regulations and reducing policy risks[64]. - The company donated 2 million RMB to support flood relief and reconstruction efforts in Henan Province following severe flooding in July 2021[83]. Risks and Challenges - The company has acknowledged potential risks in its future development as discussed in the management analysis section[3]. - The company faces market risks due to price fluctuations in raw materials and product sales, which are influenced by macroeconomic conditions[64]. - The company faced risks due to increased environmental protection costs following the implementation of new environmental laws and regulations, which may impact profitability[68]. - A significant flood in July 2021 caused damage to the company's facilities, leading to an estimated reduction of approximately 70,000 tons in aluminum product output for the year[68]. Investments and Future Plans - The company has invested in various sectors, including a 11.73% stake in China Rare Earth Holdings, enhancing its capital return potential[38]. - The company plans to increase research and development of new products and technologies to drive growth towards high-precision and high-end products[64]. - The company is in the process of launching a wool yarn textile project in Qin Zhuang village to strengthen the local economy[82]. - The company plans to sell approximately 80,880 tons of electrolytic aluminum and 4,200 tons of aluminum alloy rods to Wan Fang Group, with an estimated total transaction amount not exceeding 1,235.80 million RMB (including tax) for the year 2021[114].

焦作万方铝业股份有限公司关于 参加河南辖区上市公司 2021 年投资者网上集体接待日活动的公告 证券代码：000612 证券简称：焦作万方 公告编号：2021-037 焦作万方铝业股份有限公司关于 参加河南辖区上市公司 2021 年投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，焦作万方铝业股份有限公司（以下简称"公 司"）定于 2021 年 6 月 8 日（周二）16:00-17:20 参加在全景网举办的"真诚沟通 传递 价值"河南辖区上市公司 2021 年投资者网上集体接待日活动。本次活动将采用网络远 程的方式举行，投资者可登录"全景·路演天下"（http://rs.p5w.net）参与本次互动交 流。 出席本次网上集体接待日活动的人员有：公司副总经理兼财务总监郭杰斌先生、 副总经理兼董事会秘书王科芳女士及相关工作人员（如有特殊情况，参会人员将可能 进行调整）。主要就公司 2020 年年报、公司治理、发展战略、经营状况、融资计划、 投资者保护、可持续发展等投资者所关心的问题进行沟通交流。 欢迎 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,569,696,516.46, representing a 56.94% increase compared to the same period last year[8]. - Net profit attributable to shareholders was ¥207,960,891.80, a significant increase of 147.45% year-on-year[8]. - The net profit after deducting non-recurring gains and losses reached ¥205,058,440.77, up 430.44% from the previous year[8]. - Basic earnings per share were ¥0.174, which is a 148.57% increase from ¥0.070 in the same quarter last year[8]. - Total revenue for the first quarter of 2021 reached CNY 1,569,696,516.46, a significant increase from CNY 1,000,216,690.75 in the same period last year, representing a growth of approximately 57%[70]. - The total comprehensive income for the current period was ¥207,864,774.48, compared to ¥82,930,867.42 in the previous period, marking an increase of around 150%[79]. - The operating profit for the current period was ¥270,630,999.84, compared to ¥103,426,594.96 in the previous period, which is an increase of approximately 161%[76]. Cash Flow - The net cash flow from operating activities was ¥590,860,191.99, reflecting an increase of 111.78% compared to the same period last year[8]. - The cash inflow from operating activities amounted to CNY 1,700,840,848.64, a significant increase from CNY 1,101,919,564.83 in the previous period, representing a growth of approximately 54.4%[87]. - The net cash flow from operating activities was CNY 591,620,024.19, compared to CNY 279,831,945.43 in the prior period, indicating an increase of about 111.7%[94]. - Cash inflow from financing activities totaled CNY 360,219,010.41, significantly higher than CNY 51,715,022.42 in the prior period, marking an increase of about 594.5%[93]. - The ending balance of cash and cash equivalents was CNY 771,805,759.15, up from CNY 599,720,379.27, representing an increase of about 28.7%[93]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥7,336,373,083.37, a 2.79% increase from the end of the previous year[8]. - The company's current assets reached CNY 1,809,612,413.71, up from CNY 1,535,329,980.53 at the end of 2020, indicating an increase of about 17.8%[52]. - Total liabilities decreased to CNY 2,297,731,322.42 from CNY 2,311,451,923.37, showing a slight decline of approximately 0.6%[58]. - The company's equity attributable to shareholders increased to CNY 5,038,641,760.95 from CNY 4,825,525,232.35, reflecting a growth of about 4.4%[61]. Operational Efficiency - The net cash flow from operating activities surged by 111.78% to CNY 590,860,191.99, indicating improved operational efficiency[21]. - Operating costs increased by 42.15% to CNY 1,276,943,215.11, primarily due to rising prices of prebaked anodes and coal, along with increased sales volume[21]. - The company reported a significant increase in income tax expenses, which rose by 231.16% to CNY 62,527,582.58, due to higher taxable income[21]. Shareholder Information - The top ten shareholders held a total of 72.18 million shares, representing 6.05% of the company's total shares[12]. - The company plans to raise CNY 758.16 million through a non-public offering of 21.6 million shares to its largest shareholder, which has been approved by the regulatory authority[22]. Investment Activities - The company reported an investment income of CNY 8,113,749.51, down from CNY 43,641,533.18 year-over-year[73]. - The company has engaged in derivative investments, with details provided in the financial report[35]. - The company reported a total initial investment amount in derivatives of 49,720.4 million, with a total purchase amount during the reporting period of 56,742.83 million and total sales amount of 81,855.68 million[36]. Risk Management - The company has implemented strict internal control measures to mitigate operational risks associated with derivatives trading[39]. - The company has established a risk management framework to address market, liquidity, credit, and legal risks in its derivatives investments[39]. Future Plans - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[64].