中航飞机股份有限公司 2019 年年度报告全文 中航飞机股份有限公司 2019 年年度报告 2020 年 03 月 1 中航飞机股份有限公司 2019 年年度报告全文 积金转增股本。 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。 公司负责人何胜强、主管会计工作负责人罗继德及会计机构负责人(会计主 管人员)孟晓军声明：保证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。 本年度报告中涉及未来展望及计划等前瞻性陈述，上述经营计划、经营目 标并不代表公司对 2020 年度的盈利预测，能否实现取决于市场状况变化、经营 团队的努力程度等多种因素，存在很大的不确定性，不构成公司对投资者的实 质承诺，请投资者注意投资风险。 公司已在本年度报告第四节"经营情况讨论与分析"的第九项"公司未来发 | --- | |--------------------------------------------------------------------------- ...

中航飞机股份有限公司 2018 年年度报告全文 中航飞机股份有限公司 2018 年年度报告 2019 年 03 月 1 中航飞机股份有限公司 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。 公司负责人何胜强、主管会计工作负责人罗继德及会计机构负责人(会计主 管人员)孟晓军声明：保证年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次年报的董事会会议 未亲自出席董事姓名 未亲自出席董事职务 未亲自出席会议原因 被委托人姓名 何胜强 董事长 因公出差 孟军 本年度报告中涉及未来展望及计划等前瞻性陈述，上述经营计划、经营目 标并不代表公司对 2019 年度的盈利预测，能否实现取决于市场状况变化、经营 团队的努力程度等多种因素，存在很大的不确定性，不构成公司对投资者的实 质承诺，请投资者注意投资风险。 公司已在本年度报告第四节"经营情况讨论与分析"第九项"公司未来发展 的展望"章节中，对可能面临的风险及对策进行了详细描述，敬请广大投 ...

中航飞机股份有限公司 2018 年第三季度报告正文 证券代码：000768 证券简称：中航飞机 公告编号：2018-048 中航飞机股份有限公司 2018 年第三季度报告正文 2018 年 10 月 1 中航飞机股份有限公司 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。 公司负责人何胜强、主管会计工作负责人罗继德及会计机构负责人(会计主 管人员)孟晓军声明：保证季度报告中财务报表的真实、准确、完整。 2 中航飞机股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 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） | 48,549,641,543.51 | | 40,738,764,24 ...

Financial Performance - The estimated net profit attributable to shareholders for the first three quarters of 2018 is expected to be between 22,000 and 28,000 thousand yuan, compared to 12,701 thousand yuan in the same period last year, representing an increase of approximately 73% to 120%[2] - For the third quarter of 2018, the estimated net profit attributable to shareholders is expected to be between 6,900 and 8,600 thousand yuan, compared to 3,539 thousand yuan in the same period last year, reflecting an increase of approximately 95% to 143%[2] Earnings Per Share - The basic earnings per share for the first three quarters of 2018 is projected to be between 0.0795 and 0.1011 yuan per share, up from 0.0459 yuan per share in the same period last year, indicating an increase of approximately 73% to 120%[2] - The basic earnings per share for the third quarter of 2018 is projected to be between 0.0249 and 0.0311 yuan per share, compared to 0.0128 yuan per share in the same period last year, indicating an increase of approximately 95% to 143%[2] Factors Contributing to Profit Increase - The increase in profit is attributed to a higher delivery of aviation products compared to the same period last year[4]

Financial Performance - The company's operating revenue for the first half of 2018 was ¥13,272,179,919.58, representing a 23.47% increase compared to ¥10,749,711,376.68 in the same period last year[20]. - The net profit attributable to shareholders was ¥162,461,649.49, a significant increase of 77.33% from ¥91,616,689.95 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥161,439,109.05, which is a 166.40% increase compared to ¥60,600,757.25 in the same period last year[20]. - The basic earnings per share rose to ¥0.0587, up 77.34% from ¥0.0331 in the previous year[20]. - The total profit reached CNY 15,421,900, an increase of 76.22% year-on-year[48]. - The company's total operating costs increased to CNY 13,117,014,735.63, compared to CNY 10,696,833,366.33 in the prior period, reflecting a rise of 22.6%[155]. - The operating profit for the first half of 2018 was CNY 175,711,051.51, a significant increase from CNY 66,324,259.95 in the same period last year[155]. - The company reported a total comprehensive income of CNY 76,830,830.02, compared to CNY 66,333,961.99 in the same period last year, indicating a growth of 15.5%[156]. Assets and Liabilities - The total assets at the end of the reporting period were ¥45,376,688,616.22, an increase of 11.38% from ¥40,738,764,248.43 at the end of the previous year[20]. - The total liabilities increased to ¥24,498,244,792.73, compared to ¥20,258,240,237.92 in the previous period, marking a rise of 21.1%[152]. - Accounts receivable increased to CNY 13,224,757,598.54, representing 29.14% of total assets, up from 14.49% last year[57]. - Inventory reached CNY 16,649,796,605.61, accounting for 36.69% of total assets, a decrease of 1.44% from the previous year[57]. - The company's total liabilities increased, with accounts payable rising to CNY 17,184,258,549.29, which is 37.87% of total liabilities, up from 33.22% last year[57]. Cash Flow - The net cash flow from operating activities was negative at -¥1,557,687,576.68, worsening by 151.71% compared to -¥618,845,565.48 in the same period last year[20]. - The net cash flow from operating activities was -1,527,848,235.07 yuan, compared to -280,301,195.72 yuan in the previous period, indicating a significant decline in operational cash flow[165]. - Total cash inflow from operating activities was 8,549,168,246.66 yuan, down from 9,553,687,889.06 yuan year-on-year, reflecting a decrease of approximately 10.5%[165]. - Cash outflow from operating activities totaled 10,077,016,481.73 yuan, an increase from 9,833,989,084.78 yuan, representing a rise of about 2.5%[165]. - The net cash flow from investing activities was -221,911,176.23 yuan, worsening from -13,854,445.33 yuan in the previous period[166]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 161,519[130]. - China Aviation Industry Group holds 38.18% of the company's shares, totaling 1,057,055,754 shares[131]. - The company has 2,768,645,071 total shares, with 2,768,628,046 being unrestricted shares[128]. - The company plans to forgo cash dividends and stock bonuses for the half-year period, indicating a focus on retaining capital[72]. Risks and Challenges - The company has detailed the risks and countermeasures it may face in the report, which investors are advised to review[6]. - The company is facing procurement risks due to increased material and finished product demand, which may impact production completion[68]. - The company is actively monitoring foreign currency assets and liabilities to mitigate exchange rate risks that could affect revenue and procurement costs[68]. Environmental and Social Responsibility - The company has established wastewater treatment facilities with a total processing capacity of 50t/h, 30t/h, 10t/h, 80t/h, and 80t/h across various plants, ensuring effective treatment of different types of wastewater[98]. - The company generates approximately 100 tons of paint waste annually from its aircraft parts and assembly lines, with all facilities operating within emission standards[99]. - The company has reported no exceedances in pollutant emissions across various monitored parameters, including heavy metals and chemical oxygen demand[98]. - Guizhou Xin'an Company has established an industrial electroplating wastewater treatment station, ensuring treated wastewater meets GB21900-2008 standards before discharge[103]. Corporate Governance - The company held its annual shareholder meeting with a participation rate of 60.42%, reflecting shareholder engagement in corporate governance[71]. - The company has not reported any major litigation or arbitration matters during the reporting period, suggesting a stable legal environment[77]. - The company has not implemented any employee stock ownership plans or incentive measures during the reporting period, indicating a focus on other forms of employee engagement[78]. Strategic Focus - The company is focusing on expanding its market presence and enhancing product development strategies to drive future growth[154]. - The company primarily engages in the research, production, and sales of aviation products, including large and medium-sized aircraft and components[29]. - The aviation industry is characterized by high technology intensity and significant employment capacity, making it a strategic sector for national security and economic development[36].

Financial Performance - The estimated net profit attributable to shareholders for the first half of 2018 is projected to be between 13.8 million and 18 million yuan, compared to 9.162 million yuan in the same period last year, indicating a significant increase [3]. - The basic earnings per share are expected to be between 0.0498 yuan and 0.0650 yuan, up from 0.0331 yuan per share in the previous year [3]. - The increase in profit is attributed to a higher delivery of aviation products compared to the same period last year [5]. Audit and Reporting - The performance forecast has not been audited by registered accountants [4]. - The specific financial data will be detailed in the company's 2018 semi-annual report [6].

Financial Performance - The company's operating revenue for 2017 was ¥31,079,046,938.34, representing an increase of 18.98% compared to ¥26,121,848,838.62 in 2016[20]. - The net profit attributable to shareholders for 2017 was ¥471,401,712.83, up 14.10% from ¥413,133,366.70 in 2016[20]. - The net cash flow from operating activities decreased by 7.89% to ¥1,309,600,021.02 in 2017 from ¥1,421,729,029.81 in 2016[20]. - The basic earnings per share for 2017 was ¥0.1703, a 14.14% increase from ¥0.1492 in 2016[20]. - Total assets at the end of 2017 were ¥40,738,764,248.43, reflecting a 3.88% increase from ¥39,216,834,996.94 at the end of 2016[20]. - The company reported a total of ¥136,109,276.92 in non-recurring gains and losses for 2017, compared to ¥124,795,543.29 in 2016[25]. - The company's total operating costs in 2017 were ¥28,763,776,115.54, which is a 19.25% increase from ¥24,120,212,407.30 in 2016[62]. - The company's financial expenses increased by 218.61% to ¥49,511,082.33 due to a decrease in exchange gains compared to the previous year[71]. Dividend Distribution - The company plans to distribute a cash dividend of 0.85 RMB per 10 shares to all shareholders, based on a total of 2,768,645,071 shares[7]. - The profit distribution plan for 2017 includes a cash dividend of 0.85 yuan per 10 shares, totaling 235,334,831.04 yuan, which represents 49.92% of the net profit attributable to shareholders[120][124]. - The cash dividend for 2016 was 0.50 yuan per 10 shares, totaling 138,432,253.55 yuan, which was 33.51% of the net profit attributable to shareholders[121][124]. - The company will not issue bonus shares or increase capital reserves in the profit distribution plan for 2017[126]. Business Operations - The main business operations include the design, testing, production, and sales of aircraft and aviation components, as well as related technical services[18]. - The company primarily engages in the research, production, and sales of aviation products, including large and medium-sized aircraft and components[29]. - The company’s main business has evolved over the years to include aircraft leasing and related service guarantees[18]. - The company has a diverse product range, including aircraft parts, transportation equipment, and construction materials, leveraging its technological expertise[32][33]. Research and Development - Research and development expenses increased by 85.41% to ¥815,198,817.97 in 2017, representing 2.62% of operating revenue, up from 1.68% in 2016[73]. - The number of R&D personnel increased to 2,853, representing 8.63% of the total workforce, up from 8.17% in 2016[73]. - R&D investment increased significantly due to the new turboprop aircraft development project[74]. - The capitalization rate of R&D investment rose as the amount capitalized for the new turboprop aircraft project increased[75]. Risk Management - The company emphasizes that forward-looking statements regarding future prospects and plans do not constitute a substantive commitment to investors, highlighting the importance of investment risk awareness[7]. - The company has detailed descriptions of potential risks and countermeasures in the section discussing future development prospects in the annual report[7]. - The company is facing macroeconomic risks that could impact product sales and delivery timelines, and it plans to adjust market strategies accordingly[113]. Corporate Governance - The actual controller, shareholders, and related parties of the company have fulfilled their commitments during the reporting period, with ongoing commitments related to share reduction and avoiding competition[127]. - The company has committed to ensuring the safety of its financial funds, with commitments dating back to 2011 and still in progress[128]. - The commitment to avoid competition and regulate related transactions has been ongoing since 2010, indicating a long-term strategy to maintain market integrity[128]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period, indicating a stable financial environment[130]. Environmental Responsibility - The company has built 7 industrial wastewater treatment stations with a designed capacity of 262 tons/hour and 1 comprehensive wastewater treatment station with a capacity of 8000 tons/day, both operating normally[178]. - The company has implemented pollution control facilities for its 339 and 660 boiler rooms, effectively treating particulate matter, sulfur dioxide, and nitrogen oxides, with all emissions meeting standards[180]. - The company has established dedicated storage facilities for hazardous waste, complying with national storage requirements[181]. - The company completed the environmental protection acceptance of the "12th Five-Year Plan for Energy Conservation and Emission Reduction" project in 2017, fulfilling all related environmental work requirements[183]. Shareholder Information - The company has a total share capital of 2,768,645,071 shares as of December 31, 2017[120][126]. - China Aviation Industry Group holds 38.18% of the shares, amounting to 1,057,055,754 shares[200]. - The second largest shareholder, AVIC Investment Holdings Co., Ltd., owns 7.59% of the shares, totaling 210,136,566 shares, with 50,000,000 shares pledged[200]. - The total number of ordinary shares at the end of the reporting period was 168,567, with the total number of shareholders being 172,351[200].