岳阳兴长石化股份有限公司 2020 年半年度报告 岳阳兴长石化股份有限公司 2020 年半年度报告 2020 年 08 月 27 日 3-1 岳阳兴长石化股份有限公司 2020 年半年度报告 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。 公司负责人王妙云先生、总经理兼主管会计工作负责人付锋先生、会计机 构负责人段顺罗先生声明：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。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司半年度报告中部分涉及对于未来经营计划或经营工作安排的描述，相 关计划或安排的落实受到多方面因素的影响，并不构成公司对于投资者的实质 承诺，在此提请广大投资者注意投资风险。 3-2 岳阳兴长石化股份有限公司 2020 年半年度报告 目录 2020 年半年度报告 | --- | |---------------------------------------------------------------- ...

岳阳兴长石化股份有限公司 2020 年第一季度报告全文 证券代码：000819 证券简称：岳阳兴长 公告编号：2020-025 岳阳兴长石化股份限公司 2020 年第一季度报告全文 2020 年 04 月 28 日 1 岳阳兴长石化股份有限公司 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。 | | | 所有董事均已出席了审议本次季报的董事会会议。 | | | 公司董事长王妙云先生、总经理李燕波先生、财务负责人付锋先 | | | 生、财务部部长段顺罗先生声明：保证季度报告中财务报告的真实、 | 完整。 2 岳阳兴长石化股份有限公司 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 | --- | --- | --- ...

岳阳兴长石化股份有限公司 2019 年年度报告 岳阳兴长石化股份有限公司 2019 年年度报告 2020 年 03 月 27 日 1 岳阳兴长石化股份有限公司 2019 年年度报告 实质承诺，请投资者注意投资风险。 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。 公司经本次董事会审议通过的利润分配预案为：以 2019 年末总股 本284,905,005元为基数，向全体股东每10股派发现金红利0.25元(含 税)，送红股 0.5 股(含税)，不以公积金转增股本。 公司董事长王妙云、总经理李燕波、主管会计工作负责人付锋及 财务部部长段顺罗声明：保证年度报告中财务报告的真实、准确、完 整。 | --- | |---------------------------------------------------------------| | | | 公司 2019 年信息披露媒体为《证券时报》、《上海证券报》、《中 | | 国证券报》、巨潮资讯网(www.cninfo.com.cn)。 ...

岳阳兴长石化股份有限公司 2019 年第三季度报告全文 岳阳兴长石化股份限公司 2019 年第三季度报告全文 2019 年 10 月 17 日 1 岳阳兴长石化股份有限公司 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。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议： 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 杨哲 董 事 因公 王妙云 公司第三季度财务报告未经会计师事务所审计。 公司董事长王妙云先生、总经理李燕波先生、财务负责人付锋先 生、会计机构负责人段顺罗先生声明：保证季度报告中财务报告的真 实、完整。 2 岳阳兴长石化股份有限公司 2019 年第三季度报告全文 截止披露前一交易日的公司总股本： 截止披露前一交易日的公司总股本(股) 284,905,005 用最新股本计算的全面摊薄每股收益： 用最新股本计算的全面摊薄每股收益(元/股) 0.1693 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 ...

岳阳兴长石化股份有限公司 2019 年半年度报告 岳阳兴长石化股份有限公司 2019 年半年度报告 2019 年 08 月 16 日 1 岳阳兴长石化股份有限公司 2019 年半年度报告 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。 所有董事均已出席了审议本报告的董事会会议，其中董事杨哲先 生、刘庆瑞先生因公分别委托董事长王妙云先生、黄中伟先生出席会 议并代行表决权。 公司计划半年度不派发现金红利，不送红股，不以公积金转增股 本。 公司董事长王妙云先生、总经理李燕波先生、财务负责人付锋先 生、会计机构负责人段顺罗先生声明：保证半年度报告中财务报告的 真实、完整。 公司半年度报告中部分涉及对于未来经营计划或经营工作安排的 描述，相关计划或安排的落实受到多方面因素的影响，并不构成公司 对于投资者的实质承诺，在此提请广大投资者注意投资风险。 2 岳阳兴长石化股份有限公司 2019 年半年度报告 2019年半年度报告 . 第一节 重要提示、目录和释义 . 第二节 公司简介和主要财务 ...

岳阳兴长石化股份有限公司 2019 年第一季度报告全文 证券代码：000819 证券简称：岳阳兴长 公告编号：2019-016 岳阳兴长石化股份限公司 2019 年第一季度报告全文 2019 年 4 月 26 日 1 岳阳兴长石化股份有限公司 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。 | | | | 公司第一季度财务报告未经会计师事务所审计。 | | | | 公司董事长王妙云先生、总经理李燕波先生、财务负责人付锋先 | | | | 生、财务部部长段顺罗先生声明：保证季度报告中财务报 ...

岳阳兴长石化股份有限公司 2018 年年度报告 岳阳兴长石化股份有限公司 2018 年年度报告 2019 年 03 月 22 日 1 岳阳兴长石化股份有限公司 2018 年年度报告 实质承诺，请投资者注意投资风险。 第一节 重要提示、目录和释义 本公司董事会、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。 所有董事均已出席了审议本报告的董事会会议，其中杨哲、彭东 升先生 2 位董事因公未能亲自出席会议，分别委托董事长王妙云先生、 刘庆瑞先生出席会议并代行表决权。 公司经本次董事会审议通过的利润分配预案为：以 2018 年 12 月 31 日总股本为基数，向全体股东每 10 股送 0.5 股，派发现金红利 0.2 元(含税)。 公司董事长王妙云、总经理李燕波、财务总监刘庆瑞及财务部部 | --- | --- | |----------------------------------------------------------------|-------| | | | | 长段顺罗声明：保证年度报告中财务报告的真实、准 ...

Financial Performance - Operating revenue for the reporting period was ¥507,761,767.84, representing a year-on-year increase of 2.32%[8] - Net profit attributable to shareholders increased by 52.40% to ¥16,603,681.51 for the reporting period[8] - Basic earnings per share rose by 52.50% to ¥0.061, with diluted earnings per share also at ¥0.061[8] - The weighted average return on net assets increased by 55.77% to 2.43%[8] - Net cash flow from operating activities for the year-to-date was ¥75,411,201.86, up 20.73%[8] - The company's operating revenue for Q3 2018 reached ¥1,477,616,050.24, representing a 38.68% increase compared to the previous year[17] - The net profit for Q3 2018 was ¥37,524,717.59, a significant increase of 1264.79% year-on-year, attributed to increased production and sales volume[18] - The gross profit margin improved, leading to a net profit attributable to the parent company of ¥41,699,371.87, up 622.09% from the previous year[18] - The basic and diluted earnings per share for Q3 2018 were both ¥0.154, a 622.09% increase compared to the previous year[18] - The company expects a cumulative net profit for the year to be between CNY 52 million and CNY 55 million, representing a year-on-year increase of 627.89% to 658.34%[26] - Basic earnings per share are projected to be between CNY 0.192 and CNY 0.203, reflecting a growth of 633.33% to 663.89% compared to the previous year[26] Assets and Liabilities - Total assets increased by 5.23% to ¥862,871,267.47 compared to the end of the previous year[8] - Accounts receivable increased by 46.53% to ¥20,342,951.32, primarily due to the increase in receivables from the subsidiary Xinling Chemical[17] - The total assets of other current assets surged by 412.29% to ¥30,274,567.83, mainly due to the purchase of financial products[17] - The company reported a significant increase in prepayments, which rose by 36.39% to ¥26,596,884.40, reflecting increased customer advances[17] - New subsidiary Xinling Chemical's total assets reached CNY 111.32 million, with liabilities of CNY 59.22 million and owner's equity of CNY 52.10 million as of September 30, 2018[22] Shareholder Information - The total number of shareholders at the end of the reporting period was 33,532[13] - The largest shareholder, China Petroleum & Chemical Corporation, holds 23.46% of the shares[14] Cash Flow and Financial Management - Cash and cash equivalents increased by 184.20% to CNY 25,682,664.14, primarily due to improved operating and financing cash flows[20] - The company did not distribute dividends during the reporting period, leading to a significant decrease in cash outflow for dividend payments by 98.17%[20] - Cash outflow for purchasing goods and services rose by 47.53% year-on-year to CNY 1,366,447,279.43, primarily due to increased raw material and fuel costs[19] - Operating cash inflow increased by 45.88% year-on-year to CNY 1,619,169,646.74, driven by higher product sales and average selling prices[19] - The company has engaged in entrusted financial management with a total amount of 30 million yuan, all sourced from its own funds[28] - There are no overdue amounts or unrecovered principal in the entrusted financial management activities[28] Subsidiary Performance - Xinling Chemical reported a net loss of CNY 8.52 million for the reporting period, accumulating a total net loss of CNY 68.87 million[22] - The company has fully provided for impairment on long-term equity investments and receivables related to the underperforming subsidiary Wuhu Kangwei[23] - Xinling Chemical is actively expanding its domestic and overseas markets, with initial progress in overseas sales[21] Other Financial Information - Non-recurring gains and losses included government subsidies of ¥274,000.00[10] - The company has not made any adjustments or restatements to previous accounting data[8] - The company's financial expenses decreased by 97.64%, resulting in a financial income of -¥29,469.21[17] - The company did not engage in any derivative investments during the reporting period[29] - There were no violations regarding external guarantees during the reporting period[31] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[32]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 969,854,282.40, representing a 70.37% increase compared to CNY 569,247,600.51 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 25,095,690.36, a significant increase of 590.15% from a loss of CNY 5,120,005.06 in the previous year[17]. - The net cash flow from operating activities was CNY 52,825,786.89, marking a 2,419.96% increase compared to CNY 2,096,294.68 in the same period last year[17]. - The basic earnings per share were CNY 0.092, compared to a loss of CNY 0.019 per share in the previous year, reflecting a 584.21% improvement[17]. - The company achieved consolidated sales revenue of 970 million yuan in the first half of the year, representing a year-on-year increase of 78%[34]. - The consolidated profit for the first half of the year was 25.09 million yuan[34]. - Operating costs increased to ¥888,252,933.49, reflecting a 69.97% rise from ¥522,585,744.08, driven by a significant increase in product sales volume and unit costs[40]. - Net profit for the current period was ¥21,965,259.61, a 452.27% increase from a loss of ¥6,235,407.10 in the previous year, attributed to the resumption of production after last year's shutdown[42]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 841,767,527.93, a 2.66% increase from CNY 819,958,817.82 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company increased by 4.24% to CNY 704,754,643.70 from CNY 676,099,139.49 at the end of the previous year[17]. - Total liabilities decreased slightly to CNY 129,822,406.21 from CNY 133,814,781.35, a decrease of about 3.0%[119]. - The company's equity increased to CNY 711,945,121.72 from CNY 686,144,036.47, reflecting a growth of approximately 3.8%[119]. - Current assets totaled CNY 625,810,272.82, an increase from CNY 592,176,437.43, reflecting a rise of about 5.7%[117]. - Cash and cash equivalents rose to CNY 537,579,295.73 from CNY 490,250,273.69, marking an increase of approximately 9.6%[117]. Cash Flow - Cash flow from operating activities surged to ¥52,825,786.89, a 2,419.96% increase from ¥2,096,294.68, driven by higher net profit and reduced inventory[40]. - The net increase in cash and cash equivalents was ¥41,739,021.04, reflecting a significant improvement of 181.56% compared to the previous period[46]. - The total cash inflow from financing activities was ¥6,533,064.64, primarily from capital contributions and loans received[46]. - The company reported a net cash flow from operating activities of CNY 55,809,620.16, compared to a negative cash flow of CNY -2,837,859.05 in the previous period, indicating a significant improvement[132]. Strategic Initiatives - The company has initiated a three-pronged development plan focusing on project development, management reform, and personnel optimization[34]. - The company is exploring the comprehensive utilization of light hydrocarbon resources and has conducted technical exchanges with relevant technology units[34]. - The company plans to explore high-purity isobutylene downstream business and has identified promising technical routes for further research and development[35]. - The company aims to enhance management efficiency through standardized processes and improved organizational structure[36]. - The company plans to actively explore the conversion of MTBE production facilities and focus on new project development to ensure sustainable and stable growth[69]. Shareholder Information - The total share capital of the company as of the last trading day before disclosure was 271,338,100 shares[17]. - The largest shareholder, Sinopec Asset Company, holds 23.46% of the shares, totaling 63,663,007 common shares[105]. - The company did not distribute cash dividends or issue bonus shares for the half-year period, nor did it increase capital from reserves[73]. - The total number of common shareholders at the end of the reporting period is 32,489[105]. Risk Management - The company has not made any commitments regarding future operational plans that could affect investment decisions, highlighting potential investment risks[6]. - The company is focusing on both industrial and financial investments to address employment and economic efficiency challenges while enhancing its risk resilience[35]. - The company has communicated with its major shareholder and local government to manage the situation regarding Wuhu Kangwei and protect its interests[68]. Compliance and Governance - The financial report for the half-year has not been audited[74]. - The company has not engaged in any significant litigation or penalties during the reporting period[76]. - The financial statements are prepared in accordance with the relevant accounting standards, reflecting the company's financial position as of June 30, 2018, and its operating results and cash flows for the first half of 2018[151]. Environmental and Social Responsibility - The company is not classified as a key polluting enterprise by the national environmental protection department and has implemented pollution control measures[92]. - The company allocated 100,000 RMB for poverty alleviation efforts, focusing on 19 households that have not yet escaped poverty[96]. - The company has established a poverty alleviation work plan and is actively implementing measures to support impoverished households[97].

Financial Performance - The company's operating revenue for Q1 2018 was CNY 459,214,326.86, representing an increase of 11.80% compared to CNY 410,751,212.09 in the same period last year[9] - Net profit attributable to shareholders for Q1 2018 reached CNY 9,556,007.18, a significant increase of 214.71% from CNY 3,036,487.42 in the previous year[9] - The basic earnings per share for Q1 2018 was CNY 0.035, up 218.18% from CNY 0.011 in the same period last year[9] - The company's net profit for Q1 2018 reached CNY 8,478,650.46, a significant increase of 351.99% compared to CNY 1,875,868.46 in the same period last year[17] - Operating profit rose to CNY 12,339,581.00, marking a 221.27% increase from CNY 3,840,931.51 year-on-year[17] - The company reported a projected cumulative net profit of 20 million yuan for the first half of 2018, indicating a significant increase of 490.63% compared to the previous year[26] - Basic earnings per share are expected to be 0.074 yuan, reflecting a growth of 489.47% year-on-year[26] Cash Flow and Assets - The net cash flow from operating activities increased by 57.70% to CNY 11,908,004.51, compared to CNY 7,550,867.99 in the previous year[9] - Cash flow from operating activities improved by 57.70% to CNY 11,908,004.51, driven by increased net profit and reduced inventory[19] - Total assets at the end of the reporting period were CNY 807,983,700.23, a decrease of 1.46% from CNY 819,958,817.82 at the end of the previous year[9] - The net assets attributable to shareholders increased by 1.69% to CNY 687,508,313.64 from CNY 676,099,139.49 at the end of the previous year[9] Shareholder Information - The company had a total of 35,473 common shareholders at the end of the reporting period[12] - The largest shareholder, Sinopec Group Asset Management Co., Ltd., held a 23.46% stake, amounting to 63,663,007 shares[12] Operational Challenges - New Ling Chemical, a subsidiary, faced operational challenges with most production facilities idle due to insufficient orders and cash flow issues[20] - As of March 31, 2018, New Ling Chemical had total assets of CNY 102.88 million and liabilities of CNY 84.55 million, resulting in a net profit of CNY -2.19 million for the reporting period[21] - The company is implementing capital reduction and debt-to-equity swap plans for New Ling Chemical to alleviate financial burdens and improve cash flow[21] Impairment and Investment Issues - The company recognized a 100% impairment loss on its investment in Wuhu Kangwei, leading to a total investment income of CNY -1,296,070.67[17] - The company fully provided for impairment losses on its long-term equity investment in Wuhu Kangwei, amounting to 29.92 million yuan, due to significant uncertainties regarding its continued operations[24] - Wuhu Kangwei's operational difficulties include severe personnel turnover and inability to establish an effective management team, leading to challenges in daily operations[23] - The first major shareholder's equity in Wuhu Kangwei has been judicially frozen, limiting the company's influence as the second-largest shareholder[23] - The company has ceased accounting for investment income from Wuhu Kangwei under the equity method due to its losses[24] - There has been no progress in key operational tasks at Wuhu Kangwei, including clinical plans and financing schemes[23] Revenue and Expense Trends - The total revenue from sales expenses increased by 49.92% to CNY 4,138,116.20, primarily due to higher transportation and unloading costs[17] - The company reported a decrease in financial expenses by 65.28%, with a net financial income of CNY -128,236.36 compared to CNY -369,305.95 in the previous year[17] Future Outlook - The increase in net profit is attributed to a reduction in effective production time last year due to a major overhaul of the main production unit, which lasted over 50 days[26] - The gross profit margin for the main product, MTBE, has increased compared to the same period last year[26] - The company has warned of potential significant changes in operating performance for the first half of 2018 compared to the previous year[25]