Financial Performance - The company's operating revenue for Q1 2019 was ¥338,337,384.63, a decrease of 12.64% compared to ¥387,297,614.46 in the same period last year[7] - The net profit attributable to shareholders was -¥12,909,104.23, representing a significant decline of 3,084.97% from ¥432,470.19 in the previous year[7] - The net cash flow from operating activities was -¥66,516,743.69, a decrease of 1,407.06% compared to ¥5,089,052.21 in the same period last year[7] - Basic and diluted earnings per share were both -¥0.028, a drop of 2,900.00% from ¥0.001 in the previous year[7] - The company reported a net loss of CNY 155,467,516.37, compared to a loss of CNY 142,385,215.54 in the previous period[37] - Net profit for the period was a loss of ¥12,715,473.08 compared to a profit of ¥916,408.82 in the previous period, indicating a significant downturn[40] - The company reported a gross margin decline, with operating profit dropping to -¥12,638,609.55 from ¥2,196,306.45[40] - The total comprehensive loss amounted to -¥15,989,911.11, compared to -¥2,620,715.45 in the prior period[41] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,705,636,051.62, down 1.82% from ¥2,755,753,715.83 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 1.37%, from ¥1,184,848,541.41 to ¥1,168,663,513.01[7] - Total assets decreased from CNY 2,755,753,715.83 to CNY 2,705,636,051.62, a decline of approximately 1.8%[29] - Current liabilities decreased from CNY 1,207,016,865.29 to CNY 1,183,527,940.05, a reduction of about 2.0%[30] - Non-current liabilities decreased from CNY 290,923,573.54 to CNY 280,284,745.68, a decrease of approximately 3.7%[30] - The company's total liabilities decreased from CNY 1,497,940,438.83 to CNY 1,463,812,685.73, a decline of about 2.3%[30] - The total equity attributable to shareholders decreased from CNY 1,184,848,541.41 to CNY 1,168,663,513.01, a decrease of approximately 1.4%[31] Cash Flow - Cash and cash equivalents decreased by 33.05% to ¥122,911,776.16, attributed to increased cash payments for purchases and loan repayments[15] - The net cash flow from operating activities was -66,516,743.69 CNY, a significant decline compared to 5,089,052.21 CNY in the previous period, indicating a negative cash flow trend[47] - Total cash inflow from operating activities was 237,715,038.68 CNY, while cash outflow was 304,231,782.37 CNY, resulting in a cash flow deficit[47] - Cash flow from investing activities showed a net outflow of -14,234,414.62 CNY, slightly worse than -13,257,629.13 CNY in the previous period[48] - Cash inflow from financing activities was 167,679,530.17 CNY, an increase from 155,869,849.79 CNY in the previous period, primarily due to increased borrowings[48] - The company repaid 133,635,059.69 CNY in debt during the period, significantly higher than 56,564,573.36 CNY in the previous period[48] - The ending balance of cash and cash equivalents decreased to 111,421,008.11 CNY from 162,032,011.56 CNY in the previous period, reflecting a cash reduction[48] Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,712[11] - The largest shareholder, Sanhuan Group Co., Ltd., held 27.94% of the shares, amounting to 128,400,000 shares, which are currently frozen[11] - The company did not engage in any repurchase transactions among the top ten shareholders during the reporting period[12] Operational Metrics - Sales expenses decreased by 36.01% to ¥7,716,365.71 due to a decline in sales volume and reduced after-sales service fees[15] - Other income increased by 65.47% to ¥5,144,700.00 primarily due to an increase in government subsidies recognized during the period[15] - Accounts receivable increased to ¥386,981,002.40, up from ¥347,291,249.48, indicating a rise in credit sales[28] - Inventory rose to ¥514,387,696.77, compared to ¥482,478,678.85, reflecting higher stock levels[28] - Other current assets increased by 54.11% to ¥27,870,692.47, mainly due to an increase in unliquidated social security payments by overseas subsidiaries[15] - The company reported a 70.88% decrease in asset disposal income to ¥246,550.50, due to reduced gains from fixed asset disposals[15] Future Outlook - The company expects a significant change in net profit for the first half of 2019 compared to the same period last year, indicating potential losses[18] - The company has no significant non-operating fund occupation issues reported during the period[24] - The company is undergoing adjustments in accounting policies as per new financial instrument standards effective from January 1, 2019[59]

襄阳汽车轴承股份有限公司 2018 年年度报告全文 襄阳汽车轴承股份有限公司 2018 年年度报告 2019 年 04 月 1 襄阳汽车轴承股份有限公司 2018 年年度报告全文 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。 公司负责人高少兵、主管会计工作负责人张雷及会计机构负责人(会计主管人员)谢德友 声明：保证年度报告中财务报告的真实、准确、完整。 释义 | 释义项 | 指 | 释义内容 | | --- | --- | --- | | 公司、本公司 | 指 | 襄阳汽车轴承股份有限公司 | | 董事会 | 指 | 襄阳汽车轴承股份有限公司董事会 | | 监事会 | 指 | 襄阳汽车轴承股份有限公司监事会 | | 股东会 | 指 | 襄阳汽车轴承股份有限公司股东会 | | 三环集团 | 指 | 三环集团有限公司 | | 襄轴集团 | 指 | 襄阳汽车轴承集团公司 | | 湖北省国资委 | 指 | 湖北省国有资产监督管理委员会 | | 波兰工厂/KFLT | 指 | 波兰克拉希 ...

襄阳汽车轴承股份有限公司 2018 年第三季度报告正文 证券代码：000678 证券简称：襄阳轴承 公告编号：2018-032 襄阳汽车轴承股份有限公司 2018 年第三季度报告正文 1 襄阳汽车轴承股份有限公司 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。 公司负责人高少兵、主管会计工作负责人彭自立及会计机构负责人(会计主管人员)谢德 友声明：保证季度报告中财务报表的真实、准确、完整。 2 襄阳汽车轴承股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 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） | 1,016,793.62 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 | 8,559,100.00 | | | 一标准定额或定量享受的政府补助除外） | | | ...

襄阳汽车轴承股份有限公司 2018 年半年度报告全文 襄阳汽车轴承股份有限公司 2018 年半年度报告 2018 年 08 月 1 襄阳汽车轴承股份有限公司 2018 年半年度报告全文 第一节 重要提示、目录和释义 公司计划不派发现金红利，不送红股，不以公积金转增股本。 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。 2 公司负责人高少兵、主管会计工作负责人彭自立及会计机构负责人(会计主管人员)谢德 | œ | | --- | 友声明：保证本半年度报告中财务报告的真实、准确、完整。 | 第一节 重要提示、目录和释义 2 | | --- | | 第二节 公司简介和主要财务指标 5 | | 第三节 公司业务概要 8 | | 第四节 经营情况讨论与分析 10 | | 第五节 重要事项 16 | | 第六节 股份变动及股东情况 25 | | 第七节 优先股相关情况 29 | | 第八节 董事、监事、高级管理人员情况 30 | | 第九节 公司债相关情况 31 | | 第十节 财务报告 32 | | 第十一节 备查文 ...

襄阳汽车轴承股份有限公司 2018 年第一季度报告正文 1 襄阳汽车轴承股份有限公司 2018 年第一季度报告正文 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 襄阳汽车轴承股份有限公司 2018 年第一季度报告正文 证券代码：000678 证券简称：襄阳轴承 公告编号：2018-016 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。 公司负责人高少兵、主管会计工作负责人彭自立及会计机构负责人(会计主管人员)谢德 友声明：保证季度报告中财务报表的真实、准确、完整。 2 襄阳汽车轴承股份有限公司 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） | 387,297,614.46 | 386,194,339.85 | 0.29% | | 归属于上市公司股东的净利润（元） | ...

Financial Performance - The company's operating revenue for 2017 was ¥1,522,314,374.42, representing a 9.12% increase compared to ¥1,395,099,473.71 in 2016[18] - The net profit attributable to shareholders for 2017 was ¥11,572,817.08, a slight decrease of 0.68% from ¥11,652,477.84 in 2016[18] - The net profit attributable to shareholders after deducting non-recurring gains and losses improved by 53.15%, reaching -¥6,199,517.96 compared to -¥13,233,586.15 in 2016[18] - The net cash flow from operating activities was ¥27,929,012.45, a significant increase of 222.35% from -¥35,482,297.68 in 2016[18] - Total assets at the end of 2017 amounted to ¥2,801,599,773.88, an increase of 8.66% from ¥2,578,296,552.11 at the end of 2016[19] - The net assets attributable to shareholders increased by 2.24%, reaching ¥1,251,302,105.92 compared to ¥1,223,901,459.95 at the end of 2016[19] - The basic earnings per share remained unchanged at ¥0.03, with a diluted earnings per share also at ¥0.03[19] - The weighted average return on equity was 0.94%, a decrease of 0.12% from 1.06% in 2016[19] Revenue and Sales - The automotive parts segment contributed ¥1,338,257,763.95, accounting for 87.91% of total revenue, with a year-on-year growth of 8.78%[44] - Domestic sales accounted for 60.44% of total revenue, while international sales increased by 26.98% to ¥602,210,252.81, representing 39.56% of total revenue[44] - The company sold 4,007.4 million sets of automotive parts, a 12.08% increase in sales volume compared to 3,575.6 million sets in 2016[47] - The proportion of passenger vehicle products in total revenue increased to 48% in 2017, reflecting a strategic shift towards higher-margin products[36] Product Development - The company developed 86 new products in 2017, with 12 achieving mass production, contributing approximately ¥200 million in sales from new products[36] - New product development resulted in 86 new products, generating a total output value of ¥200 million for the year[40] - The company completed 87 research projects, with 81 projects passing evaluation and 8 patents granted, including 3 invention patents, bringing the total to 98 patents[40] Cash Flow and Assets - The net cash flow from operating activities increased by 222.35% compared to the previous year, primarily due to a significant increase in cash collections[56] - Total assets included cash and cash equivalents of ¥123,900,531.24, a decrease of 4.35% from the previous year[60] - Inventory increased by 15.43% to ¥518,890,963.32, reflecting a strategic buildup of stock[60] - Short-term borrowings decreased by 0.59% to ¥514,424,861.93, indicating improved liquidity management[60] Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares[6] - The company has not distributed cash dividends or bonus shares since 2015, maintaining a 0.00% dividend payout ratio[80] - The company has not distributed dividends or increased capital reserves in the past three years due to negative profits in 2015 and 2016[78] Research and Development - R&D investment rose by 4.86% to ¥49,912,233.00, accounting for 3.28% of operating revenue in 2017[54] - The company maintained a stable R&D personnel count at 259, representing 5.88% of total employees[54] - The company is enhancing its research and development capabilities by collaborating with its Poland research center to improve overall product quality[70] Market Outlook and Strategy - The automotive industry in China is expected to maintain stable growth in 2018, with a projected growth rate of around 5%[69] - The company anticipates significant growth in the new energy vehicle sector over the next five years due to favorable national policies[69] - The company plans to focus on the development of high-value products such as constant velocity joints and gearbox bearings to expand market scale and efficiency[70] Governance and Compliance - The company has committed to avoiding related party transactions and ensuring independence from its controlling shareholder, with commitments remaining effective until the controlling entity is no longer in a controlling position[82] - The company has engaged Zhongqin Wanxin Accounting Firm for 13 consecutive years, with an audit fee of 550,000 RMB for the current period[89] - The company has not experienced any non-operating fund occupation by its controlling shareholders or related parties during the reporting period[83] Environmental Responsibility - The company has established a wastewater treatment station equipped with online monitoring facilities to ensure that treated wastewater meets discharge standards[121] - The total emission of COD from the company is 55.73 tons, which is within the approved limit of 95 tons per year, indicating no exceedance of discharge standards[120] - The company has complied with national environmental protection regulations and has not encountered any major environmental issues or pollution incidents during the reporting period[120] Employee Management - The total number of employees in the parent company is 2,427, with a combined total of 4,403 employees across all subsidiaries[176] - The total remuneration for directors, supervisors, and senior management during the reporting period amounts to 286.2 million yuan[175] - The company has a floating bonus system linked to annual net asset return rates and net profit totals[173] Legal and Regulatory Matters - The company has no significant litigation or arbitration matters pending as of the reporting date[92] - There were no significant accounting errors requiring restatement during the reporting period[87] - The company has not made any changes to the scope of its consolidated financial statements compared to the previous year[88]

襄阳汽车轴承股份有限公司 2017 年第三季度报告正文 证券代码：000678 证券简称：襄阳轴承 公告编号：2017-039 襄阳汽车轴承股份有限公司 2017 年第三季度报告正文 1 襄阳汽车轴承股份有限公司 2017 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。 □ 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） | 2,696,673,897.27 | 2,578,296,552.11 | | 4.59% | | 归属于上市公司股东的净资产（元） | 1,239,177,033.69 | 1,223,901,459.95 | | 1.25% | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | | | 增减 | | 年同期增减 | | 营业收入（元） | 387,030,888.69 | -8.78% ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 796,263,729.70, representing an increase of 18.21% compared to CNY 673,605,536.44 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 4,664,288.66, a significant increase of 299.61% from a loss of CNY 2,336,682.91 in the previous year[18]. - Basic earnings per share improved to CNY 0.0102, up 270.00% from a loss of CNY 0.006 per share in the previous year[18]. - The company reported a net loss of CNY 65,053,792.51, improved from a loss of CNY 69,718,081.17 in the previous period[110]. - The net profit for the first half of 2017 was CNY 6,461,140.76, a significant recovery from a net loss of CNY 377,649.64 in the previous year[116]. - The profit attributable to the parent company's shareholders was CNY 4,664,288.66, compared to a loss of CNY 2,336,682.91 in the same period last year[116]. - The company reported a total comprehensive income of CNY 20,495,474.44, recovering from a loss of CNY 6,384,720.85 in the previous year[116]. - The total comprehensive income for the first half of 2017 was 932.56 million RMB, showing a significant increase compared to the previous period[136]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -35,041,045.25, worsening by 73.15% compared to CNY -20,237,817.27 in the same period last year[18]. - Cash flow from operating activities showed a net outflow of CNY 35.04 million, a 73.15% increase in outflow due to higher procurement and tax payments[38]. - Total cash inflow from operating activities was 553,611,358.09 yuan, while cash outflow was 588,652,403.34 yuan, resulting in a net cash outflow of 35,041,045.25 yuan[122]. - The company reported a net cash decrease of 91,306,637.77 yuan for the period, with an ending cash balance of 72,717,595.74 yuan[123]. - The company's cash and cash equivalents decreased from 226,002,625.45 RMB at the beginning of the period to 149,712,437.79 RMB at the end of the period, a decline of approximately 33.8%[107]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,709,572,427.84, reflecting a growth of 5.09% from CNY 2,578,296,552.11 at the end of the previous year[18]. - The company's total liabilities reached CNY 1,400,202,625.44, up from CNY 1,288,774,192.67, reflecting a growth of approximately 8.6%[109]. - Current liabilities rose to CNY 1,131,508,210.19, compared to CNY 1,021,031,561.52, indicating an increase of about 10.9%[109]. - The total number of shares is 459,611,797, with 93.36% being unrestricted shares[90]. - The total number of common shareholders at the end of the reporting period was 42,573[92]. Investments and R&D - Research and development investment was CNY 23.57 million, slightly decreased by 0.23% compared to the previous year[38]. - The company plans to expand its market presence and invest in new product development to enhance competitiveness[132]. - The company is focusing on technological advancements and new strategies to drive future growth[132]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The company has no stock incentive plans or employee stock ownership plans in place during the reporting period[68]. - The largest shareholder, Sanhuan Group Co., Ltd., holds 27.94% of the shares, totaling 128,400,000 shares[92]. - The second-largest shareholder, Xiangyang Automotive Bearing Group Co., Ltd., holds 18.09% of the shares, totaling 83,159,130 shares[92]. Legal and Compliance - The half-year financial report has not been audited[64]. - There are no significant litigation or arbitration matters affecting the company[66]. - The company has fulfilled its commitments to small shareholders in a timely manner[66]. - The company reported a financial borrowing dispute with a claimed amount of CNY 29.36 million, which is currently under litigation[66]. Environmental and Social Responsibility - The company is classified as a key pollutant discharge unit, with COD emissions meeting national standards[83]. - The company has constructed wastewater treatment facilities that exceed national discharge standards in both old and new industrial parks[85]. Accounting Policies - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial position and operating results[149]. - The accounting period for the company runs from January 1 to December 31 each year[150]. - The company uses Renminbi as its functional currency for domestic operations, while its overseas subsidiaries use local currencies[152].

襄阳汽车轴承股份有限公司 2017 年半年度报告全文 襄阳汽车轴承股份有限公司 2017 年半年度报告 2017 年 08 月 1 襄阳汽车轴承股份有限公司 2017 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。 公司负责人高少兵、主管会计工作负责人彭自立及会计机构负责人(会计主管人员)谢德 友声明：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。 《证券时报》及巨潮资讯网(http//www.cninfo.com.cn)为本公司的指定信息披露媒体， 本公司所发布信息均以上述媒体刊登的信息为准，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 | | 2 | | --- | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | | 5 | | 第三节 | 公司业务概要 | | 8 | | 第四节 | 经营情况讨论与分析 ...

Financial Performance - The company's operating revenue for 2016 was CNY 1,395,099,473.71, an increase of 11.38% compared to CNY 1,252,523,366.00 in 2015[20] - The net profit attributable to shareholders in 2016 was CNY 11,652,477.84, a significant turnaround from a loss of CNY 78,884,730.05 in 2015, representing a 114.77% increase[20] - The net cash flow from operating activities improved to CNY -35,482,297.68 in 2016, a 70.73% improvement from CNY -121,230,175.96 in 2015[20] - Basic earnings per share for 2016 were CNY 0.03, a recovery from a loss of CNY 0.18 per share in 2015, marking a 116.67% increase[20] - The weighted average return on equity improved to 1.06% in 2016, compared to -7.72% in 2015[20] - The company reported a net profit of CNY 16,610,090.62, a significant recovery from a net loss of CNY 74,076,086.12 in the previous year[200] - The operating profit improved to a loss of CNY 7,223,747.89, compared to a loss of CNY 90,085,566.72 in the prior year, indicating a positive trend[200] Assets and Liabilities - Total assets at the end of 2016 reached CNY 2,578,296,552.11, reflecting a 9.71% increase from CNY 2,350,179,405.24 at the end of 2015[21] - The total assets of the company increased to CNY 2,051,510,041.65 from CNY 1,856,667,689.84, showing growth in asset base[197] - Total liabilities decreased slightly to CNY 1,288,774,192.67 from CNY 1,302,997,543.08, a reduction of about 1.1%[192] - The total liabilities decreased to CNY 829,339,996.72 from CNY 869,616,332.93, indicating improved financial stability[197] - Owner's equity increased to CNY 1,289,522,359.44 from CNY 1,047,181,862.16, showing a growth of about 23.2%[194] Revenue Breakdown - Revenue from automotive parts accounted for 88.18% of total revenue, growing by 15.32% year-over-year[41] - Domestic revenue surged by 50.37% to ¥920,835,190.65, while international revenue dropped by 25.91% to ¥474,264,283.06[41] Research and Development - R&D investment for 2016 was ¥47,597,300.00, representing 3.41% of total revenue, a decrease from 3.72% in 2015[51] - The number of R&D personnel increased by 8.68% to 263, accounting for 6.03% of total employees[51] - The company developed 82 new products in 2016, aligning product development more closely with market demands[37] Market and Sales - The company has established a comprehensive marketing network with 28 sales branches and 14 distribution centers across major cities in China[34] - The company is actively adjusting its product structure towards higher-end markets amid structural adjustments in the domestic automotive industry[63] - The company plans to focus on market development for key domestic and international clients, particularly in the Asia-Pacific, Middle East, and North American markets[74] Corporate Governance and Compliance - The company maintains an independent governance structure, complying with regulatory requirements and ensuring no significant discrepancies with governance standards[167][168] - The attendance rate for independent directors at board meetings was 100%, with no objections raised against company matters during the reporting period[170][171] - The audit committee engaged in thorough communication with the annual audit firm regarding the audit plan and key focus areas for the 2015 audit[173] Shareholder Information - The largest shareholder, Sanhuan Group Co., Ltd., holds 27.94% of the shares, while Xiangyang Automobile Bearing Group Co., Ltd. holds 18.09%[123] - The company has a total of 39,546 common shareholders at the end of the reporting period[123] - The company issued 30,532,000 shares in a non-public offering, increasing total shares to 459,611,797[116] Employee and Management - The company employed a total of 4,359 staff, with 3,284 in production, 123 in sales, 263 in technical roles, 49 in finance, and 640 in administration[161][162] - The total remuneration for directors and senior management during the reporting period amounted to CNY 2.561 million[160] - The company has established a performance assessment system to enhance employee efficiency and link remuneration to performance[163] Environmental and Social Responsibility - The company actively engaged in environmental management, adhering to ISO14001 standards and enhancing waste recycling efforts[112] - The company emphasizes social responsibility, ensuring employee welfare and environmental protection[110]