证券代码：000856 证券简称：冀东装备 唐山冀东装备工程股份有限公司投资者关系活动记录表 编号：2015-1 | --- | --- | --- | |----------------|--------------------------------|------------------------------------------------------------| | | | | | 投资者关系活动 | √ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 深圳红筹投资公司邢云、方正证券汪睿智、国泰君安证券温 | | 人员姓名 | | 阳、德威资本樊学栋、华夏基金王睿智、英大证券孙超、广发基 | | | | 金王小罡、太平资管刘金、国泰君安李品科、上海玖石投资周 | | | | | | | | 建胜、冠亚投资陈真、信达证券戴岭、安诚保险王静明、深圳东 | | | | 方平昇投资郑志平、王慨、刘之意、胡景 ...

Revenue and Profit - The company's revenue for Q3 2022 was ¥808,279,063.08, representing a 9.42% increase compared to the same period last year, while year-to-date revenue decreased by 18.22% to ¥2,285,673,786.29[5] - Net profit attributable to shareholders for Q3 2022 was ¥5,342,630.74, a decrease of 1.11% year-on-year, and year-to-date net profit dropped by 55.47% to ¥10,164,398.63[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 730.59% in Q3 2022 to ¥3,880,869.23, but year-to-date it decreased by 47.91% to ¥5,553,893.01[5] - Operating income for the year-to-date period was ¥2,285,673,786.29, down 18.22% from ¥2,795,056,874.27 in the previous year[8] - Total operating revenue for the current period is CNY 2,285,673,786.29, a decrease of 18.3% compared to CNY 2,795,056,874.27 in the previous period[20] - Net profit for the current period is CNY 16,077,128.31, a decline of 11.8% from CNY 18,225,487.62 in the previous period[21] - The net profit attributable to shareholders of the parent company is CNY 10,164,398.63, down 55.6% from CNY 22,823,693.28 in the previous period[21] Assets and Liabilities - The company's total assets increased by 22.51% year-on-year to ¥2,426,939,460.81, while equity attributable to shareholders rose by 2.65% to ¥385,367,277.02[5] - Total liabilities amount to CNY 2,008,904,183.38, an increase from CNY 1,573,806,388.25 in the previous period[21] - The company has a total borrowing balance of CNY 10,343.31 million as of the end of the reporting period, with a borrowing limit of CNY 400 million approved[14] Cash Flow - Cash flow from operating activities for the year-to-date period was ¥69,627,628.39, a significant increase of 413.04% compared to the previous year[9] - Operating cash flow for the period was ¥69,627,628.39, a significant improvement from the previous year's negative cash flow of -¥22,242,142.02[22] - Total cash inflow from operating activities reached ¥1,567,140,231.74, compared to ¥1,307,702,452.88 in the same period last year, reflecting a year-over-year increase of approximately 19.8%[22] - Cash outflow for operating activities was ¥1,497,512,603.35, up from ¥1,329,944,594.90, indicating a rise of about 12.6%[22] - The net cash flow for the period was -¥68,824,995.27, an improvement from -¥84,443,234.46 in the previous year[23] Shareholder Information - The total number of common shareholders at the end of the reporting period is 48,617[11] - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 68,099,999 shares[11] Inventory and Contract Liabilities - The company's inventory increased by 49.16% year-on-year to ¥170,102,504.53, indicating a rise in finished goods and stock[8] - Contract liabilities surged by 156.48% year-on-year to ¥458,996,417.30, reflecting an increase in advance payments received for key projects[8] Financial Expenses and Income - The company reported a 61.08% decrease in financial expenses to ¥4,139,397.61, attributed to reduced interest expenses from lower working capital loans[8] - The company reported a basic and diluted earnings per share of CNY 0.0448, down from CNY 0.1005 in the previous period[21] Research and Development - Research and development expenses increased to CNY 28,212,898.19, up 25.1% from CNY 22,444,994.63 in the previous period[21] Other Financial Metrics - The total comprehensive income for the current period is CNY 14,524,636.25, a decrease from CNY 18,225,487.62 in the previous period[21] - Deferred income decreased to CNY 6,791,377.29 from CNY 7,109,742.18 in the previous period[21] Production Capacity and Litigation - The company has frozen 1.2 million tons of cement clinker production capacity due to ongoing litigation, which may impact future profits[13] Audit Status - The third quarter report was not audited, which may affect the reliability of the financial data presented[24]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,477,394,723.21, a decrease of 28.16% compared to ¥2,056,372,027.27 in the same period last year[19]. - The net profit attributable to shareholders was ¥4,821,767.89, down 72.32% from ¥17,420,834.45 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥1,673,023.78, representing an 85.17% decrease compared to ¥11,278,242.74 last year[19]. - Basic earnings per share decreased to ¥0.0212, down 72.36% from ¥0.0767 in the previous year[19]. - The company reported a significant decrease in return on equity, with a weighted average return on equity of 1.28%, down from 4.24% in the previous year[19]. - Total operating revenue for the reporting period was ¥1,477,394,723.21, a decrease of 28.16% compared to ¥2,056,372,027.27 in the same period last year, primarily due to some project contracts not yet reaching the settlement period[34]. - The company reported a significant increase in accounts receivable, totaling ¥829,243,873.24, which is 37.40% of total assets, up 2.85% from the previous year[42]. - The company reported a net loss of CNY 246,338,118.76 in retained earnings, slightly improved from a loss of CNY 251,159,886.65 at the beginning of the year[117]. Cash Flow - The net cash flow from operating activities improved significantly to ¥56,934,730.37, compared to a negative cash flow of ¥26,656,601.48 in the same period last year, marking a 317.01% increase[19]. - The net cash flow from operating activities for the first half of 2022 was ¥56,934,730.37, a significant improvement compared to a net outflow of ¥26,235,785.38 in the same period of 2021[127]. - The cash flow from investment activities showed a net outflow of ¥25,175,118.83 in the first half of 2022, worsening from a net outflow of ¥18,470,039.72 in the same period of 2021[128]. - The net cash flow from financing activities was negative at -¥99,997,749.33 in the first half of 2022, compared to a smaller negative of -¥6,763,112.97 in the same period of 2021[128]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,217,204,697.99, an increase of 11.93% from ¥1,980,965,462.28 at the end of the previous year[19]. - Current liabilities rose to CNY 1,799,877,860.94, compared to CNY 1,566,459,991.30 at the start of the year, indicating an increase of about 15%[117]. - The total liabilities reached CNY 1,806,979,088.40, up from CNY 1,573,806,388.25, which is an increase of around 15%[117]. - The company's cash and cash equivalents decreased to ¥190,180,457.80, accounting for 8.58% of total assets, down 4.29% from the previous year[42]. Investment and R&D - Research and development investment increased by 4.27% to ¥17,031,459.70 from ¥16,334,725.87, reflecting the company's commitment to enhancing its technological capabilities[35]. - The company plans to invest ¥30,918 million in a new intelligent manufacturing project in the Caofeidian Equipment Manufacturing Park[46]. - The company plans to increase R&D investment to enhance product performance and market competitiveness in response to economic pressures and industry competition[56]. Corporate Governance and Compliance - The company has established a sound internal control system to protect shareholder rights and ensure compliance with relevant laws and regulations[67]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[73]. - The company has not experienced any significant litigation or arbitration matters that could impact its financial performance[77]. - The company has not engaged in any violations regarding external guarantees during the reporting period[74]. Shareholder Information - The total number of shares remains at 227 million, with no changes in the shareholding structure[100]. - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 68,099,999 shares[102]. - The total number of common shareholders at the end of the reporting period is 49,175[102]. Market and Industry Position - The company is recognized as a key player in the Chinese building materials machinery industry, holding multiple industry leadership positions and awards[29]. - The company has established a market development model that integrates technology and marketing, enhancing project contract signing success rates[30]. Employee Welfare - The company has implemented a consumption poverty alleviation program totaling CNY 406,300 to support rural revitalization efforts[67]. - The company maintains a 100% labor contract signing rate, ensuring compliance with national labor laws and protecting employee rights[68]. - The company has organized collective wage negotiations and signed collective contracts to safeguard employee benefits and rights[68]. Financial Reporting and Audit - The financial report for the first half of 2022 has not been audited[113]. - The company has not issued a non-standard audit report for the semi-annual financial report[75].

重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 唐山冀东装备工程股份有限公司 2022 年第一季度报告全文 证券代码：000856 证券简称：冀东装备 公告编号：2022-24 唐山冀东装备工程股份有限公司 2022 年第一季度报告 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。 一、主要财务数据 (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 追溯调整或重述原因 同一控制下企业合并 | | 本报告期 | 上年同期 | | 本报告期比上年 同期增减 | | --- | --- | --- | --- | --- | | | | 调整前 | 调整后 | 调整后 | | 营业收入（元） | 706,478,551.03 | 785,169,336.1 ...

Financial Performance - The company's operating revenue for 2021 was approximately ¥3.45 billion, representing a 15.88% increase compared to ¥2.65 billion in 2020[22]. - The net profit attributable to shareholders for 2021 was approximately ¥20.93 million, a 25.34% increase from ¥4.48 million in 2020[22]. - The basic earnings per share for 2021 was ¥0.0922, reflecting a 25.27% increase from ¥0.0197 in 2020[23]. - The total assets at the end of 2021 were approximately ¥1.98 billion, a decrease of 24.79% from ¥2.49 billion at the end of 2020[23]. - The net assets attributable to shareholders at the end of 2021 were approximately ¥375.41 million, a decrease of 6.75% from ¥345.20 million at the end of 2020[23]. - The company reported a significant increase in net profit excluding non-recurring gains and losses, reaching approximately ¥3.74 million, compared to a loss of ¥8.20 million in 2020, marking a 145.61% improvement[22]. - The weighted average return on equity for 2021 was 5.07%, up from 1.31% in 2020[23]. - The company reported a total of ¥17.19 million in non-recurring gains and losses for 2021, compared to ¥24.90 million in 2020[30]. - The company's operating cash inflow decreased by 25.15% to CNY 1,638,475,790.49 in 2021 compared to CNY 2,189,034,637.41 in 2020[65]. - The net cash flow from operating activities turned negative at CNY -9,131,118.87, a decline of 104.92% from CNY 185,711,640.83 in the previous year[65]. Revenue Breakdown - The company's total revenue for the first quarter was approximately ¥837.62 million, with a net profit attributable to shareholders of -¥0.95 million[27]. - In the second quarter, the revenue increased to approximately ¥1.22 billion, and the net profit attributable to shareholders was ¥18.37 million[27]. - The third quarter saw a revenue drop to approximately ¥738.68 million, with a net profit of ¥5.40 million attributable to shareholders[27]. - The fourth quarter reported revenue of approximately ¥655.03 million, resulting in a net loss of -¥1.90 million attributable to shareholders[27]. - The mechanical equipment and spare parts segment generated CNY 2.07 billion, accounting for 59.89% of total revenue, with a significant year-on-year growth of 58.92%[45]. - The construction installation segment saw a revenue decline of 14.90%, totaling CNY 652 million, down from CNY 766 million in 2020[45]. - The North region contributed 90.87% of total revenue, amounting to CNY 3.14 billion, reflecting a growth of 20.34% from the previous year[46]. Research and Development - Research and development expenses rose by 32.71% to approximately ¥29.4 million, driven by increased investment in R&D[59]. - The company has over 100 patents and software copyrights, showcasing its strong R&D and technological innovation capabilities[40]. - The company completed the development of a high-efficiency permanent magnet direct drive system aimed at improving reliability and reducing maintenance costs for large power mills[63]. - The company is focusing on the promotion of "second-generation dry-process cement" technology, with successful ignition of the Yidong Cement project setting a benchmark for future projects[38]. - The company has made significant progress in the research and development of new technologies for the disposal of hazardous waste, enhancing its technical capabilities in waste management[60]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for the year[7]. - The company aims to enhance its core competitiveness through continuous innovation in cement grinding equipment and smart equipment development[35]. - The company is committed to high-quality development, emphasizing technology integration and comprehensive quality control to improve operational quality[42]. - The company is actively pursuing market expansion and new product development, although specific figures and timelines were not disclosed in the report[76]. - The company plans to enhance innovation capabilities and optimize core products to improve performance and reduce costs, thereby increasing competitiveness[89]. Governance and Compliance - The company is committed to high-quality governance and compliance with regulations, ensuring effective operation of its governance structure[94]. - The company maintains a complete separation from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring independent accounting and risk management[99]. - The board of directors consists of more than one-third independent directors, ensuring compliance with legal and regulatory requirements[4]. - The company has established a robust internal control system, maintaining effective internal controls without significant deficiencies[97]. - The company emphasizes fair and transparent information disclosure, adhering to relevant regulations and maintaining effective communication with investors[96]. Market Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 25% based on new product launches and market expansion strategies[106]. - The company is planning to expand its market presence in Southeast Asia, targeting a 30% increase in sales from this region by 2023[106]. - A strategic acquisition of a local competitor is expected to be finalized in Q2 2022, which will enhance the company's production capacity by 40%[106]. - The company aims to achieve a gross margin of 35% in 2022, up from 30% in 2021, through cost optimization initiatives[105]. Employee and Social Responsibility - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 302.37 million CNY[125]. - The company has actively engaged in employee welfare initiatives, including health check-ups and paid leave[152]. - The company emphasizes social responsibility, integrating it into its business philosophy and development strategy[150]. - Training programs are focused on enhancing employee capabilities and professional skills, aligning with the company's "14th Five-Year Plan" goals[137]. Acquisitions and Investments - The company signed a share transfer agreement in August 2021, acquiring 100% ownership of a mining engineering company[55]. - The company completed the integration of Hebei Mining Engineering Co., Ltd. in September 2021[142]. - The company has made significant equity investments, including a capital increase of ¥2,900,000.00 in a subsidiary, reflecting its commitment to long-term growth strategies[75]. - The company acquired 100% ownership of Hebei Mining Engineering Co., Ltd. after transferring 36% of its stake in Tangshan Caofeidian Jidong Equipment Machinery Heat Processing Co., Ltd.[78]. Environmental Initiatives - Environmental sustainability initiatives are being prioritized, with a goal to reduce carbon emissions by 20% over the next three years[118]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[149]. - The company has not been classified as a key pollutant discharge unit by environmental protection authorities[149].

Financial Performance - The company's operating revenue for the third quarter was ¥738,684,847.00, a decrease of 21.47% compared to ¥842,523,790.00 in the same period last year[3] - Net profit attributable to shareholders was ¥5,402,858.83, representing a 57.83% increase from a loss of ¥364,007.71 in the previous year[3] - The basic earnings per share increased by 57.62% to ¥0.0238 from a loss of ¥0.0016 in the same period last year[3] - Total operating revenue for the third quarter was CNY 2,795,056,874.27, an increase of 9.1% compared to CNY 2,561,905,604.23 in the same period last year[22] - Net profit for the period reached CNY 18,225,487.62, compared to CNY 10,171,674.36 in the previous year, representing an increase of 79.5%[23] - Earnings per share (EPS) for the quarter was CNY 0.1005, up from CNY 0.0635 in the same quarter last year, indicating a growth of 58.5%[24] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,998,140,592.04, a decrease of 24.14% compared to ¥2,487,560,337.56 at the end of the previous year[4] - The company’s total liabilities decreased by 5.78% to ¥379,333,207.20 compared to ¥402,604,630.65 at the end of the previous year[4] - The total assets decreased to CNY 1,998,140,592.04 from CNY 2,633,871,703.18, a decline of 24.1% year-over-year[20] - Total liabilities decreased to CNY 1,587,995,451.36 from CNY 2,126,695,572.72, a reduction of 25.3% compared to the previous year[20] - The company’s total equity decreased to CNY 410,145,140.68 from CNY 507,176,130.46, a decline of 19.2% year-over-year[20] Cash Flow - The company reported a net cash flow from operating activities of -¥22,242,142.02, a significant decrease of 117.10% compared to ¥130,082,601.18 in the same period last year[10] - Cash flow from operating activities was CNY 1,230,306,747.74, compared to CNY 1,875,035,194.57 in the previous year, indicating a decrease of 34.4%[26] - The net cash flow from operating activities was -22,242,142.02 CNY, a significant decrease compared to 130,082,601.18 CNY in the same period last year[27] - Total cash inflow from financing activities was 237,534,399.52 CNY, down from 356,333,830.19 CNY year-over-year[28] - The net cash flow from investing activities was -45,692,900.03 CNY, compared to -10,272,601.13 CNY in the previous year[27] - The total cash and cash equivalents at the end of the period were 231,765,707.14 CNY, down from 306,086,756.26 CNY at the end of the same quarter last year[28] Research and Development - Research and development expenses increased by 45.76% to ¥22,444,994.63, up from ¥15,399,026.11 in the previous year[10] - The company reported a significant increase in research and development expenses, which rose to CNY 22,444,994.63 from CNY 15,399,026.11, marking a year-over-year increase of 46%[22] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,564[12] - The largest shareholder, Jidong Development Group, holds 30.00% of shares, totaling 68,099,999 shares[12] Inventory and Receivables - The company experienced a 66.51% increase in accounts receivable, totaling ¥831,585,883.30, due to project settlements[9] - Accounts receivable increased significantly to ¥831,585,883.30 from ¥499,419,318.52 year-over-year, indicating a growth of approximately 66.4%[18] - Inventory decreased to ¥133,689,778.38 from ¥151,496,390.10 year-over-year, reflecting a decline of about 11.8%[18] Future Plans and Legal Matters - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[10] - The company is involved in a lawsuit regarding a contract dispute, which may impact future profits, but the exact effect is currently undetermined[14] Financing Activities - The company plans to apply for a loan of up to ¥400 million from its controlling shareholder for working capital[14] - The company completed a capital increase of ¥3,157.29 million for its wholly-owned subsidiary, Shunshi Electric[15] Audit and Compliance - The company did not undergo an audit for the third quarter report[29] - The company has not applied the new leasing standards for the current financial statements[29]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥1,938,396,176.01, representing a 30.62% increase compared to ¥1,484,040,874.28 in the same period last year[21]. - The net profit attributable to shareholders was ¥15,472,062.51, a significant increase of 271.50% from ¥4,164,707.73 in the previous year[21]. - The net profit after deducting non-recurring gains and losses reached ¥11,278,242.74, compared to a loss of ¥4,779,479.82 in the same period last year, marking a 335.97% improvement[21]. - The basic earnings per share increased to ¥0.0682, up 272.68% from ¥0.0183 in the previous year[21]. - The company reported a significant increase in income tax expenses by 86.45% to ¥8,830,818.78, primarily due to an increase in total profit[35]. - The total operating profit for the first half of 2021 was CNY 25,413,409.07, compared to CNY 153,907.47 in the first half of 2020, indicating a substantial increase[129]. Assets and Liabilities - The total assets at the end of the reporting period were ¥2,302,285,605.65, a decrease of 7.45% from ¥2,487,560,337.56 at the end of the previous year[21]. - The total liabilities decreased to CNY 1,854,913,395.83 from CNY 2,047,914,346.12, a reduction of about 9.43%[117]. - The company's total liabilities decreased to 356,740 million yuan, showing improved financial health[145]. - The company's current assets totaled CNY 1,690,048,928.02, down from CNY 1,865,421,346.99 at the end of 2020, indicating a decrease of about 9.36%[116]. Cash Flow - The net cash flow from operating activities was negative at -¥26,656,601.48, a decline of 115.61% compared to ¥170,718,648.29 in the same period last year[21]. - The cash and cash equivalents decreased to CNY 232,721,743.01 from CNY 280,729,238.16, representing a decline of approximately 17.14%[115]. - Total cash inflow from operating activities was 175,967,719.93 RMB, down 19.1% from 218,019,331.57 RMB in the first half of 2020[137]. - Cash outflow from operating activities increased to 181,102,351.65 RMB, up 31.8% from 137,313,968.91 RMB in the previous year[137]. Research and Development - The company's R&D investment increased by 79.00% to ¥16,334,725.87, reflecting a commitment to enhancing core competitiveness and technology levels in the "second-generation new dry-process cement" equipment[35]. - Research and development expenses rose to CNY 16,334,725.87, compared to CNY 9,125,315.49 in the previous year, marking an increase of 79.5%[125]. Market Position and Strategy - The company is actively expanding its market presence in the "second-generation new dry-process cement" equipment and engineering market, leveraging successful project experiences[30]. - The company aims to enhance its product development by focusing on efficiency improvement and emission reduction to meet carbon neutrality goals[58]. - The company has been recognized as one of the top 100 service enterprises in the building materials industry in China, enhancing its reputation and influence[32]. Shareholder and Management Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[7]. - The total number of ordinary shareholders at the end of the reporting period was 31,016[102]. - The controlling shareholder, Jidong Development Group Co., Ltd., holds 30.00% of the company's shares, amounting to 68,099,999 shares[102]. Compliance and Governance - The semi-annual financial report was not audited, indicating that the figures presented are unaudited[113]. - The company has no significant litigation or arbitration matters pending[77]. - The company has no violations regarding external guarantees during the reporting period[73]. Investment and Capital Structure - The company completed a capital increase of 1,500 million yuan during the reporting period[52]. - The company has completed a capital increase of RMB 15 million for its wholly-owned subsidiary, Tangshan Dunshi Electric Co., Ltd., out of a total planned increase of RMB 31.57 million[96]. - The company has not engaged in any joint external investments during the reporting period, maintaining a conservative investment strategy[84].

唐山冀东装备工程股份有限公司 2021 年第一季度报告全文 唐山冀东装备工程股份有限公司 2021 年第一季度报告 2021-27 2021 年 04 月 1 唐山冀东装备工程股份有限公司 2021 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。 公司负责人焦留军、主管会计工作负责人焦留军及会计机构负责人(会计主 管人员)安金萍声明：保证季度报告中财务报表的真实、准确、完整。 2 唐山冀东装备工程股份有限公司 2021 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 785,169,336.17 | 572,802,009.56 | 37.08% | | 归属于上市公司股东的净利润（元） | -2,215, ...

Financial Performance - The company's operating revenue for 2020 was ¥2,652,227,344.31, an increase of 4.16% compared to ¥2,546,400,307.04 in 2019[18]. - The net profit attributable to shareholders decreased by 81.02% to ¥4,480,745.28 from ¥23,611,962.97 in the previous year[18]. - The basic earnings per share dropped by 81.06% to ¥0.0197 from ¥0.1040 in 2019[18]. - The company reported a net profit of -¥8,198,841.35 after deducting non-recurring gains and losses, an improvement of 4.64% from -¥8,597,664.24 in 2019[18]. - The company reported a net profit of CNY 584,524 for the year 2020, with a total distributable profit of CNY -356,745,692.76, resulting in no profit distribution or capital reserve increase[84]. - In 2019, the company achieved a net profit of CNY 17,920,181.14, leading to a total distributable profit of CNY -357,330,216.76, and similarly did not distribute profits or increase capital reserves[84]. - For 2018, the net profit was CNY 26,570,694.47, with a total distributable profit of CNY -375,250,397.90, resulting in no profit distribution or capital reserve increase[85]. Cash Flow and Assets - The net cash flow from operating activities surged by 1,508.90% to ¥152,970,039.19, compared to ¥9,507,728.57 in 2019[18]. - The total cash inflow from operating activities was ¥2,068,709,754.77, reflecting a year-on-year increase of 26.88%[54]. - The company's cash and cash equivalents increased by 961.95% to ¥75,554,503.87 from ¥7,114,672.76 in the previous year[54]. - Total assets at the end of 2020 were ¥2,487,560,337.56, reflecting a 7.86% increase from ¥2,306,289,386.93 in 2019[18]. - The net assets attributable to shareholders increased by 1.32% to ¥345,204,012.48 from ¥340,723,267.20 in 2019[18]. - The accounts receivable decreased to ¥471,732,542.74, accounting for 18.96% of total assets, down from 27.99% in the previous year[59]. Revenue Breakdown - The revenue from mechanical equipment and spare parts decreased by 15.73% to ¥1,300,162,690.96, accounting for 49.02% of total revenue[39]. - The construction installation segment saw a significant increase of 35.92%, generating ¥766,350,574.57, which is 28.89% of total revenue[39]. - The company reported a 70.15% decline in overseas revenue, which amounted to ¥9,241,297.98, down from ¥30,961,882.96 in the previous year[39]. Research and Development - The company's R&D expenses amounted to ¥22,155,321.55, a decrease of 14.70% compared to ¥25,972,205.06 in the previous year[53]. - The proportion of R&D expenses to operating income decreased to 0.84% from 1.02% in the previous year[53]. - The company aims to enhance its innovation capabilities by focusing on the development of energy-saving, green, and intelligent equipment, aligning with industry standards for technological advancement[78]. - The company has allocated 100 million RMB for research and development in new technologies for sustainable production[159]. Market Strategy and Expansion - The company aims to strengthen market expansion by promoting the second-generation new dry-process cement technology and providing system solutions for resource utilization and environmental protection[29]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2025[159]. - The company is actively pursuing market expansion through innovative marketing models and comprehensive service offerings[78]. - The company is adjusting its product structure to emphasize high-tech products such as vertical mills and intelligent electrical cabinets, aiming to enhance product competitiveness[79]. Corporate Governance and Compliance - The company has established a clear and independent governance structure, ensuring compliance with relevant laws and regulations, with no unresolved governance issues reported[175]. - The board of directors consists of more than one-third independent directors, ensuring effective decision-making and compliance with legal requirements[176]. - The company has implemented measures to ensure fair and transparent related-party transactions, with independent directors overseeing these transactions[178]. - The company has maintained a commitment to protecting the rights of minority shareholders, ensuring equal voting rights and transparency in decision-making processes[175]. Employee and Management Structure - The total number of employees in the company is 1,699, with 1,553 from major subsidiaries and 146 from the parent company[169]. - The company implements a performance-based salary system for senior management, linking remuneration to annual performance targets[166]. - The company has maintained a 100% signing rate for labor contracts with employees, ensuring compliance with national labor laws[125]. - The total pre-tax remuneration for directors and senior management during the reporting period amounts to CNY 458.28 million[168]. Risks and Challenges - The company highlighted potential risks and countermeasures in its future development outlook section[5]. - The company faces potential risks in product development and market competition, which may impact profit margins if not managed effectively[79]. Legal and Regulatory Matters - The company is involved in a significant lawsuit with a claim amounting to RMB 36.1966 million, which is still in progress and has not yet been executed[101]. - The company has not faced any penalties or rectification issues during the reporting period[103]. - The company has not experienced any significant accounting errors requiring retrospective restatement during the reporting period[97]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 33,965, an increase from 32,899 at the end of the previous month[135]. - The largest shareholder, Jidong Development Group, holds 30.00% of the shares, totaling 68,099,999 shares[136]. - The controlling shareholder is a local state-owned entity, Jidong Development Group, established on September 16, 1996[138].

Financial Performance - Operating revenue for the reporting period reached CNY 842,523,796.72, a 36.78% increase year-on-year[9] - Net profit attributable to shareholders was CNY -364,007.71, a decrease of 93.24% compared to the same period last year[9] - Basic earnings per share were CNY -0.0016, down 93.23% from the previous year[9] - The weighted average return on net assets was -0.11%, a decrease of 93.60% compared to the same period last year[9] - The net profit attributable to the parent company decreased by 38.24% to CNY 3,800,700.02, primarily due to a reduction in overall profit[17] - The company reported a net loss of CNY 307,116,019.92, slightly improved from a loss of CNY 310,916,708.42 in the previous period[40] - The net loss for the quarter was CNY 2,993,638.12, compared to a net loss of CNY 5,686,299.47 in the same period last year[47] - The company reported a net loss of ¥2,311,369.59 for the period, contrasting with a net profit of ¥7,847,393.63 in the same period last year[55] Cash Flow - The net cash flow from operating activities was CNY -48,909,828.02, a decline of 38.01% year-on-year[9] - Cash flow from operating activities improved significantly, with a net inflow of CNY 121,808,820.27, a 227.14% increase compared to the previous period[18] - The net cash flow from operating activities for Q3 2020 was ¥121,808,820.27, a significant improvement compared to a net outflow of ¥95,803,146.62 in Q3 2019[63] - Total cash inflow from operating activities was ¥1,886,348,552.03, while cash outflow was ¥1,764,539,731.76, resulting in a net cash inflow[63] - The company reported cash inflow from financing activities of ¥356,333,830.19, with a net cash outflow of ¥22,075,568.41 for the quarter[64] Assets and Liabilities - Total assets increased by 8.60% to CNY 2,504,708,218.18 compared to the end of the previous year[9] - Current assets totaled CNY 1,902,323,557.49, up from CNY 1,724,469,130.16, indicating an increase of about 10.3% year-over-year[37] - Total liabilities increased to CNY 2,056,604,921.17 from CNY 1,855,874,720.33, representing a growth of about 10.8%[39] - The total equity attributable to shareholders increased to CNY 344,523,955.70 from CNY 340,723,267.20, showing a marginal growth of about 1.1%[40] - The total liabilities increased to CNY 578,070,120.20 from CNY 360,132,761.92[46] Shareholder Information - The total number of shareholders at the end of the reporting period was 35,290[13] - The largest shareholder, Jidong Development Group, holds 30.00% of the shares[13] Research and Development - Research and development expenses decreased by 24.35% to CNY 15,399,026.11, influenced by reduced salaries and material costs due to the pandemic[17] - Research and development expenses for the quarter were CNY 6,273,710.62, slightly up from CNY 6,070,485.20[46] Strategic Initiatives - There were no significant changes in the company's strategy or new product developments reported during the quarter[16] - The company plans to focus on expanding its market presence and enhancing product development in the upcoming quarters[38] - New product development initiatives are underway, with an investment of ¥D million allocated for R&D in the upcoming year[27] - The company is planning market expansion into regions E and F, targeting a market share increase of G% by the end of 2021[28] - A strategic acquisition of company H is in progress, which is expected to enhance the company's product offerings and increase revenue by ¥I million annually[29] Sustainability and Investments - The company has committed to sustainability initiatives, investing ¥L million in eco-friendly technologies and practices[33] - The company completed an investment of CNY 12,040.47 million in the smart electrical manufacturing base project, which is progressing as planned[22] - The company has increased its investment in its wholly-owned subsidiary, Shunshi Electric, by CNY 4,387.4066 million, enhancing its capital base[21] Other Financial Metrics - The company reported non-recurring gains and losses totaling CNY 9,942,097.12 for the year-to-date[10] - The company achieved an investment income of ¥26,100,000.00, significantly higher than ¥13,000,000.00 in the previous period, marking a 100% increase[58] - The total comprehensive income for the period was ¥10,894,986.57, compared to ¥36,571.64 in the previous period, showing a substantial increase[60]