Financial Performance - The company's operating revenue for the first half of 2021 was CNY 998,697,319.96, representing a 64.18% increase compared to CNY 608,301,223.34 in the same period last year[20]. - The total profit for the period was CNY 88,719,173.47, up 26.24% from CNY 70,279,050.44 year-on-year[20]. - The net profit attributable to shareholders was CNY 46,287,682.07, reflecting a 28.28% increase from CNY 36,082,202.35 in the previous year[20]. - Basic and diluted earnings per share were both CNY 0.10, up 25.00% from CNY 0.08 in the same period last year[20]. - The weighted average return on equity was 3.33%, an increase of 0.54% compared to 2.79% in the previous year[20]. - The company's revenue for the reporting period reached ¥998,697,319.96, representing a year-on-year increase of 64.18% compared to ¥608,301,223.34 in the previous year[45]. - The total revenue for the first half of 2021 was 909,536,413.03 CNY, an increase from 606,722,124.47 CNY in the same period of 2020, representing a growth of approximately 49.9%[152]. - The net profit for the first half of 2021 was 8,196,950.84 CNY, compared to 4,647,924.92 CNY in the first half of 2020, indicating a year-over-year increase of about 76.5%[151]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -21,578,137.27, a decline of 9.28% compared to CNY -19,746,252.07 in the same period last year[20]. - The cash and cash equivalents increased by ¥40,146,320.15, a decrease of 37.72% compared to the previous year, primarily due to impacts from investment and financing activities[45]. - The company reported a total cash and cash equivalents balance of 279,043,381.21 CNY at the end of the first half of 2021, compared to 260,833,022.75 CNY at the end of the first half of 2020[155]. - The total assets at the end of the reporting period were CNY 2,400,835,326.24, an increase of 7.28% from CNY 2,237,911,595.60 at the end of the previous year[20]. - Current assets totaled CNY 1,748,410,527.05, up from CNY 1,575,771,471.83, indicating an increase of about 10.9%[137]. - The total liabilities reached CNY 737,740,725.55, up from CNY 670,029,662.83, which is an increase of approximately 10.1%[138]. - The total equity of the company reached CNY 1,147.17 million, slightly up from CNY 1,143.12 million year-on-year[143]. Research and Development - The company has developed a strong R&D capability in supercapacitor separator materials, establishing industry standards in China[29]. - The company has a robust R&D capability with over 30 invention patents and 50 utility model patents, focusing on special paper innovation technology[40]. - Research and development expenses rose by 24.40% to ¥57,448,446.85, reflecting increased investment in information technology services[45]. - The company recognizes the importance of technological innovation in the financial technology sector and plans to increase investment in research and development to maintain competitiveness[75]. Market Position and Strategy - The company is the only domestic enterprise capable of series production of electrolytic capacitor paper, leading the market alongside Japan's NKK[29]. - The company has established strong partnerships with financial institutions, enhancing user engagement and expanding its customer base through digital services[35]. - The company emphasizes procurement strategies to control costs and ensure product quality, particularly in sourcing high-quality wood pulp[34]. - The sales model combines direct sales and distributor sales, ensuring effective market penetration and strong brand reputation[34]. - The company has a leading position in the production of filter paper and specialty paper products, leveraging core technologies for competitive advantage[30]. Environmental and Compliance - The company reported a total COD discharge of 71.35 tons, which is below the approved discharge limit of 306.24 tons per year[84]. - The company reported a total ammonia nitrogen discharge of 0.22 tons, significantly below the approved limit of 3.98 tons per year[84]. - The company has invested in pollution control facilities, including a wastewater treatment plant with a capacity of 17,500 T/D[85]. - The company has established an emergency response plan for environmental incidents, which has been filed with the environmental protection department[86]. - The company has no administrative penalties related to environmental issues during the reporting period[86]. Risks and Challenges - The company faces market competition risks, particularly from Japanese and European companies, and plans to enhance management and product development to address these challenges[70]. - Raw material price fluctuations pose a risk, as they significantly impact product costs; the company aims to establish long-term strategic partnerships with suppliers to mitigate this risk[70]. - The company is exposed to foreign exchange rate risks due to its reliance on imported wood pulp and export activities, and it plans to adopt flexible procurement strategies to manage this risk[71][72]. - Environmental policy changes could increase operational costs; the company is committed to maintaining compliance with environmental regulations and improving waste management practices[73]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the semi-annual period[80]. - The total number of shares after the recent changes is 467,625,400, with 99.77% being unrestricted shares[121]. - The largest shareholder, Kain Group Limited, holds 82,238,392 shares, representing 17.59% of total shares[123]. - There were no repurchase transactions conducted by the top 10 shareholders during the reporting period[124]. - The company has not issued any preferred shares during the reporting period[129]. Financial Reporting and Compliance - The semi-annual financial report was not audited[94]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[174]. - The financial reports comply with the requirements of the enterprise accounting standards, accurately reflecting the company's financial position, operating results, and cash flows[176]. - The accounting period for the financial information is from January 1, 2021, to June 30, 2021[177].

Financial Performance - The company's revenue for Q1 2021 was ¥515,870,546.90, representing a 93.99% increase compared to ¥265,932,808.70 in the same period last year[8] - Net profit for Q1 2021 reached ¥39,504,621.78, up 112.27% from ¥18,610,587.16 year-on-year[8] - The net profit attributable to shareholders was ¥25,237,225.01, a significant increase of 151.27% compared to ¥10,043,800.24 in the previous year[8] - The basic earnings per share rose to ¥0.05, reflecting a 150.00% increase from ¥0.02 in the same quarter last year[8] - Total operating revenue for Q1 2021 reached CNY 515,870,546.90, a significant increase from CNY 265,932,808.70 in the previous period[38] - The total profit for the period was CNY 48,645,547.42, which is a significant increase from CNY 22,865,508.37 in Q1 2020, marking a growth of 113.4%[41] - The total comprehensive income for the period was CNY 39,504,621.78, compared to CNY 18,610,587.16 in Q1 2020, reflecting a growth of 112.5%[41] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥2,291,215,432.50, a 2.38% increase from ¥2,237,911,595.60 at the end of the previous year[8] - The company's total assets increased to ¥2.29 billion, up from ¥2.24 billion, reflecting overall growth[30] - Total liabilities decreased to CNY 324,461,108.97 from CNY 347,740,966.57, reflecting improved financial health[36] - The total equity attributable to shareholders increased to CNY 1,147,497,990.42 from CNY 1,143,124,244.92, showing stability in ownership value[36] Cash Flow - The net cash flow from operating activities was ¥4,409,129.39, a significant recovery from a negative cash flow of ¥110,206,240.42 in the same period last year[8] - The cash inflow from operating activities totaled CNY 507,510,092.88, significantly higher than CNY 249,068,093.61 in Q1 2020, showing improved operational efficiency[48] - Operating cash flow for the first quarter was 16,088,209.61 CNY, a significant improvement compared to -53,841,647.63 CNY in the same period last year[51] - Cash flow from financing activities resulted in a net outflow of -42,168,385.12 CNY, a decrease from a net inflow of 84,113,670.70 CNY in the same quarter last year[52] Operating Costs and Expenses - Operating costs rose by 119.90% to ¥389.89 million, attributed to the increase in revenue[16] - The company reported a 114.83% increase in income tax expenses to ¥9.14 million, correlating with the rise in total profit[16] - The company incurred financial expenses of CNY 2,667,242.45, which increased from CNY 1,176,479.39 in the previous year, primarily due to higher interest expenses[43] Shareholder Information - The total number of shareholders at the end of the reporting period was 34,632[12] - The net assets attributable to shareholders increased by 1.84% to ¥1,394,929,867.82 from ¥1,369,692,642.82 at the end of the last year[8] Research and Development - Research and development expenses were CNY 28,832,224.63, up from CNY 22,369,029.72, indicating a focus on innovation[39] - Research and development expenses were CNY 14,846,341.41, slightly up from CNY 14,333,503.31 in Q1 2020, indicating continued investment in innovation[43] Investment Performance - The company reported a net investment loss of CNY 6,369,079.78, compared to a gain of CNY 648,389.97 in the previous period, highlighting challenges in investment performance[39] Inventory and Receivables - Accounts receivable rose to CNY 284,288,396.80 from CNY 248,295,968.27, indicating growth in sales and credit management[33] - Inventory levels decreased to CNY 136,131,185.75 from CNY 166,559,853.53, suggesting improved inventory turnover[33]

Financial Performance - The company's operating revenue for 2020 was CNY 1,550,229,940.91, representing a 34.53% increase compared to CNY 1,152,307,199.73 in 2019[16]. - Net profit for 2020 reached CNY 168,357,844.88, a significant increase of 144.51% from CNY 68,854,458.53 in the previous year[16]. - The net profit attributable to shareholders was CNY 92,587,329.49, up 99.57% from CNY 46,392,584.94 in 2019[16]. - The company reported a basic earnings per share of CNY 0.20, doubling from CNY 0.10 in 2019[16]. - Total assets at the end of 2020 were CNY 2,237,911,595.60, a 21.52% increase from CNY 1,841,647,111.82 at the end of 2019[16]. - The company's total revenue for Q4 2020 reached ¥542,827,937.58, showing a significant increase compared to Q1 2020's revenue of ¥265,932,808.70, representing a growth of approximately 104%[19]. - The net profit attributable to shareholders for Q4 2020 was ¥31,861,798.68, up from ¥10,043,800.24 in Q1 2020, indicating a growth of about 218%[19]. - The company reported a total profit for 2020 of 22,140,000 CNY, representing a significant growth of 197.69% compared to the previous year[42]. - The total sales volume of high value-added paper-based functional materials was 91,341.20 tons, up by 2.84% from the previous year[42]. Business Expansion and Strategy - The company has expanded its business to include information technology services alongside its core high-value paper-based functional materials[14]. - The company has developed a dual main business model focusing on high-value paper-based functional materials and information technology services, which are expected to drive future growth[24]. - The company has established strategic partnerships with over 10 financial institutions and nearly 30 leading technology companies during the reporting period[43]. - The company plans to enhance its R&D investment to ensure its products maintain a leading market position amid rapid technological advancements[92]. - The company is committed to increasing production capacity while ensuring operational efficiency to adapt to the intensifying market competition[92]. Research and Development - The company has made significant advancements in the R&D of supercapacitor separator materials, establishing itself as a leader in this field domestically[25]. - The company has over 30 invention patents and 50 utility model patents, showcasing its strong R&D capabilities in high-value paper-based functional materials[38]. - Research and development expenses increased by 35.64% to ¥108,716,044.04, primarily due to the new information technology services business[64]. - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach, with a budget of 300 million RMB allocated for this purpose[181]. Market Position and Competitive Advantage - The company has established itself as the only domestic enterprise capable of series production of electrolytic capacitor paper, leading the market alongside Japan's NKK[25]. - The company maintains a relatively monopolistic position in the domestic electrolytic capacitor paper industry with a high gross profit margin and has been recognized multiple times as one of the "Top 100 Electronic Component Enterprises in China"[33]. - The specialty paper industry is experiencing growth due to technological advancements and increasing demand for eco-friendly materials[32]. - The company has formed long-term cooperative relationships with many well-known domestic electronic component manufacturers, enhancing its market position and competitive advantage[38]. Environmental and Social Responsibility - The company is committed to improving its environmental protection measures and has implemented strict management systems to comply with national standards[97]. - The company has invested in pollution control facilities, including a wastewater treatment plant with a capacity of 17,500 T/D and a thermal power boiler flue gas treatment system[145]. - The company has made significant contributions to local employment and economic development while fulfilling its social responsibilities[141]. - The company has implemented environmental monitoring plans and emergency response plans for environmental incidents, which have been filed with the relevant authorities[144]. Corporate Governance and Management - The company has established a performance evaluation and incentive system linking management compensation to business performance[196]. - The governance structure of the company complies with the requirements of the Company Law and the Securities Law, ensuring independent operation of the board and supervisory committee[194]. - The company has a dedicated board secretary responsible for information disclosure and investor relations[195]. - The company has not engaged in any significant related party transactions during the reporting period[123]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.091 per 10 shares, totaling CNY 42,000,000 based on 467,625,470 shares[4]. - The cash dividend accounted for 100% of the total profit distribution[106]. - The total distributable profit as of December 31, 2020, was 322,520,678.76 CNY[107]. - The company did not propose any stock dividends or capital reserve transfers[107]. Future Outlook - The company provided a future outlook with a revenue guidance of 1.5 billion RMB for the next fiscal year, indicating a growth target of 25%[174]. - The company plans to implement a new marketing strategy focusing on digital channels, aiming for a 15% increase in customer engagement[178]. - The management team emphasized a commitment to sustainability, with plans to reduce carbon emissions by 40% over the next five years[178].

证券简称：凯恩股份 证券代码：002012 公告编号：2021－021 浙江凯恩特种材料股份有限公司 关于举办投资者接待日活动的公告 | --- | |---------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 | | 载、误导性陈述或者重大遗漏。 | | 浙江凯恩特种材料股份有限公司（以下简称"公司"）于 2021年3 月30日在 | | 巨潮资讯网（ www.cninfo.com.cn ）发布了《 2020 年年度报告》，为便于广大投 | | 资者深入全面了解公司情况，公司将在 2020 年度股东大会召开日举办投资者接待 | | 日活动，现将有关事项公告如下： | | 1 、接待日： 2021 年4月 21 日（星期三） | | 2 、接待时间：接待日当日上午 10:00-11:30 | | 3 、接待地点：北京市朝阳区曙光西里甲5号 H座3层306 室 | | 4 、登记预约：参与投资者请于 2021 年4月 19 日前（工作日 9: ...

浙江凯恩特种材料股份有限公司 2020 年第三季度报告全文 浙江凯恩特种材料股份有限公司 2020 年第三季度报告 2020 年 10 月 1 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。 公司负责人刘溪、主管会计工作负责人周万标及会计机构负责人(会计主管 人员)郭晓彬声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江凯恩特种材料股份有限公司 2020 年第三季度报告全文 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 浙江凯恩特种材料股份有限公司 2020 年第三季度报告全文 第一节 重要提示 □ 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） | 2,164,458,929.11 | | 1,841,647,111.82 | 17.53% | | 归属于上市公司 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥608,301,223.34, representing a 10.82% increase compared to ¥548,896,875.50 in the same period last year[16]. - The total profit for the first half of 2020 reached ¥70,279,050.44, a significant increase of 145.39% from ¥28,639,862.62 in the previous year[16]. - The net profit attributable to shareholders was ¥36,082,202.35, up 125.22% from ¥16,021,006.92 year-on-year[16]. - The net profit after deducting non-recurring gains and losses was ¥27,776,543.95, which is a 212.30% increase compared to ¥8,894,307.85 in the same period last year[16]. - The basic earnings per share increased to ¥0.08, reflecting a growth of 166.67% from ¥0.03 in the same period last year[16]. - In the first half of 2020, the company achieved total revenue of CNY 608.30 million, a year-on-year increase of 10.82%[39]. - The total profit reached CNY 70.28 million, representing a significant year-on-year growth of 145.39%[39]. - Net profit for the period was CNY 58.26 million, marking a 147.96% increase compared to the same period last year[39]. - The company reported a net profit of CNY 490,636,111.57, compared to CNY 464,370,567.31, indicating a growth of approximately 5.7% in retained earnings[132]. - The company reported a net profit margin of 58.09% for the first half of 2020[163]. Assets and Liabilities - The company's total assets increased by 13.49% to ¥2,090,170,244.60 from ¥1,841,647,111.82 at the end of the previous year[16]. - The net assets attributable to shareholders rose by 2.07% to ¥1,306,013,940.64 from ¥1,279,540,316.41 at the end of the last year[16]. - Cash and cash equivalents increased to approximately ¥306 million, representing 14.64% of total assets, up from 9.11% in the previous year[52]. - Inventory levels rose to approximately ¥384 million, accounting for 18.35% of total assets, an increase from 16.09% year-over-year[52]. - The company reported total liabilities increased to CNY 638,293,841.43 from CNY 438,424,790.51, representing a rise of about 45.6%[131]. - The total liabilities at the end of the period were 490.1 million yuan, indicating a manageable debt level[158]. Research and Development - The company has developed over 30 significant research achievements and has been awarded provincial and ministerial-level science and technology progress awards, indicating strong R&D capabilities in paper-based functional materials[28]. - The company’s R&D investment increased by 19.44% to CNY 46.18 million, reflecting a commitment to innovation[43]. - The company is focusing on enhancing its research and development capabilities to innovate new materials[156]. Business Segments - The company has established a dual main business model, focusing on paper-based functional materials and information technology services, with the latter becoming a new profit growth point[24]. - Revenue from information technology services was CNY 84.29 million, accounting for 13.86% of total revenue[44]. - The net profit from information technology services was CNY 26.80 million, contributing 46.00% to the company's total net profit[44]. - The company maintained stable production of high-value-added paper-based functional materials, including electrolytic capacitor paper and medical packaging materials[39]. - The company reported a total revenue of 249.20 million CNY for the fluorochemical products segment, with a net profit of 28.46 million CNY, indicating a significant increase compared to previous periods[64]. Market Position and Strategy - The company has maintained a relatively monopolistic position in the domestic electrolytic capacitor paper industry, achieving a high gross profit margin and being recognized multiple times as one of the "Top 100 Electronic Component Enterprises in China"[29]. - The market for paper-based functional materials is expected to grow significantly, driven by advancements in technology and increasing applications in various sectors[28]. - The company has established strong partnerships with numerous well-known domestic electronic component manufacturers, enhancing its market position[36]. - The company plans to expand its market presence and invest in new product development to drive future growth[156]. Risks and Challenges - The company has acknowledged potential risks in its future operations, which are detailed in the report[4]. - The company is facing risks from market competition, with increasing participation from domestic enterprises in the specialty paper industry, prompting a focus on enhancing management and cost control[66]. - Environmental protection regulations pose a risk, as stricter laws could increase compliance costs; the company is committed to improving its environmental management practices[67]. - The company is monitoring potential changes in financial technology regulations that could impact its subsidiary Qiangyun Technology, which operates in a rapidly evolving industry[68]. Cash Flow and Investments - The company reported a net cash flow from operating activities of -¥19,746,252.07, compared to ¥3,226,852.10 in the previous year[16]. - The net cash flow from investing activities was -64,519,995.12 CNY, a decline from 18,841,884.78 CNY in the previous period[148]. - The net cash flow from financing activities was 148,673,491.91 CNY, significantly higher than 9,149,566.69 CNY in the previous period[148]. Environmental Compliance - Zhejiang Kaineng Special Materials Co., Ltd. has a wastewater treatment capacity of 17,500 tons per day, ensuring compliance with environmental regulations[101]. - The company reported a total COD discharge of 65.58 tons and ammonia nitrogen discharge of 0.26 tons, both within the legal limits[101]. - The company has invested in pollution control facilities, including a dual alkali desulfurization system and a wastewater treatment center with a capacity of 10,000 tons per day[101]. - There were no significant environmental pollution incidents reported during the reporting period[102]. Corporate Governance - The company has not experienced any major litigation or arbitration issues during the reporting period, indicating stable operational conditions[77]. - The half-year financial report has not been audited, which may affect the perception of financial reliability[74]. - The company did not engage in any related party transactions during the reporting period[83]. - The financial report was approved by the company's board on August 14, 2020, reflecting the financial status as of June 30, 2020[169]. Shareholder Information - The total number of shares outstanding is 467,625,470, with 99.77% being unrestricted shares[109]. - The largest shareholder, Kane Group Limited, holds 82,238,392 shares, representing 17.59% of total shares[112]. - The company reported a profit distribution to shareholders of 16.6 million yuan, maintaining the same level as the previous period[156].

证券代码：002012 证券简称：凯恩股份 公告编号：2020-023 浙江凯恩特种材料股份有限公司 关于参加"凝心聚力 共克时艰"浙江辖区上市公司 投资者网上集体接待日主题活动的公告 | --- | --- | |--------------------------------------------------------------------------------|--------------------------------------| | | | | 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 | | | 误导性陈述或者重大遗漏。 | | | 为进一步加强与投资者特别是中小投资者的沟通交流，增强上市公司透明度，提升 | | | 上市公司治理水平，促进上市公司规范运作，浙江凯恩特种材料股份有限公司（以下简 | | | 称"公司"）将参加由浙江证监局指导，浙江上市公司协会联合深圳市全景网络有限公 | | | 司（以下简称"全景网"）共同举办的辖区上市公司投资者网上集体接待日活动。现将 | | | 有关事项公告如下 : | | | 本次投资者网上集体接待日活动将通过全 ...

Financial Performance - The company's operating revenue for Q1 2020 was ¥265,932,808.70, a decrease of 2.87% compared to ¥273,783,115.01 in the same period last year[7] - Net profit attributable to shareholders was ¥10,043,800.24, representing a significant increase of 734.86% from ¥1,203,047.89 in the previous year[7] - Total operating revenue for Q1 2020 was CNY 265,932,808.70, a decrease from CNY 273,783,115.01 in the previous period[38] - Net profit for Q1 2020 was CNY 18,610,587.16, compared to CNY 4,322,549.16 in the same period last year, representing a significant increase[40] - Total operating revenue for the first quarter was ¥108,332,885.08, a decrease of 17.2% compared to ¥130,863,389.81 in the previous period[43] - Net profit for the quarter was -¥1,838,628.16, an improvement from -¥2,567,270.75 in the same period last year[45] - The total comprehensive income for the quarter was -¥1,838,628.16, compared to -¥2,567,270.75 in the previous year[45] Cash Flow - The net cash flow from operating activities was -¥110,206,240.42, worsening from -¥40,110,453.61 in the same period last year[7] - Cash flow from operating activities showed a net outflow of -¥110,206,240.42, worsening from -¥40,110,453.61 in the prior year[48] - Cash flow from investing activities resulted in a net outflow of -¥7,187,526.65, compared to a net inflow of ¥13,857,767.01 last year[49] - Cash flow from financing activities generated a net inflow of ¥195,596,662.34, a significant increase from -¥3,710,222.38 in the previous period[49] - The net cash flow from operating activities was -53,841,647.63 CNY, compared to -14,703,443.01 CNY in the previous period, indicating a significant decline[51] - The net cash flow from investment activities was -5,537,813.27 CNY, a decrease from 4,266,027.80 CNY in the previous period[51] - The net cash flow from financing activities was 84,113,670.70 CNY, recovering from -8,555,322.51 CNY in the previous period[52] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,057,837,193.38, an increase of 11.74% from ¥1,841,647,111.82 at the end of the previous year[7] - Total assets increased to ¥2,057,837,193.38, up from ¥1,841,647,111.82[30] - Total liabilities rose to ¥636,004,284.91, compared to ¥438,424,790.51 in the previous period[32] - The company's total assets as of March 31, 2020, were CNY 1,481,778,740.87, up from CNY 1,394,774,513.15 at the end of 2019[36] - The total liabilities increased to CNY 332,278,462.86 from CNY 243,435,606.98, reflecting a rise of about 36.5%[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,723[11] - The largest shareholder, Kane Group Co., Ltd., held 17.59% of the shares, amounting to 82,238,392 shares, which are currently frozen[11] Expenses - Management expenses increased by 32.92% to ¥24,679,154.84, mainly due to costs associated with newly established subsidiaries[16] - Financial expenses decreased by 37.24% to ¥2,574,465.23, attributed to reduced interest expenses and foreign exchange losses[16] - Total operating costs decreased to CNY 244,997,528.24 from CNY 274,344,487.40, with operating costs specifically down to CNY 177,302,666.50 from CNY 215,176,931.05[39] - Research and development expenses for Q1 2020 were CNY 22,369,029.72, compared to CNY 20,189,824.51 in the previous year, indicating an increase in investment in innovation[39] - Research and development expenses increased to ¥14,333,503.31, up 15.4% from ¥12,426,844.09[43] Government Support - The company received government subsidies amounting to ¥1,804,598.31 during the reporting period[8] Other Information - The company did not engage in any repurchase transactions during the reporting period[12] - There were no non-recurring gains or losses reclassified as recurring during the reporting period[9] - The company did not undergo an audit for the first quarter report[53] - The report was issued by the legal representative Liu Xi on April 24, 2020[55]

Financial Performance - The company's operating revenue for 2019 was CNY 1,152,307,199.73, representing a 2.13% increase compared to CNY 1,128,316,972.18 in 2018[16] - The net profit attributable to shareholders for 2019 was CNY 46,392,584.94, an increase of 87.01% from CNY 24,807,907.93 in 2018[16] - The net profit after deducting non-recurring gains and losses was CNY 20,730,174.42, up 73.26% from CNY 11,964,817.52 in 2018[16] - The net cash flow from operating activities increased by 135.53% to CNY 128,344,413.19 from CNY 54,492,200.61 in 2018[16] - Basic earnings per share for 2019 were CNY 0.10, doubling from CNY 0.05 in 2018[16] - The company's total revenue for 2019 was CNY 1,152.31 million, representing a year-on-year increase of 2.13%[36] - The net profit attributable to shareholders for 2019 was CNY 46.39 million, reflecting an 87.01% increase compared to the previous year[36] - The cash and cash equivalents increased by 79.82% at the end of the period, primarily due to increased operating cash flow and cash from equity transactions[31] - The company achieved a net profit attributable to shareholders of 46,392,584.94 yuan in 2019, with a mother company net profit of 13,148,895.60 yuan[88] Assets and Liabilities - Total assets at the end of 2019 were CNY 1,841,647,111.82, a decrease of 1.13% from CNY 1,862,613,160.96 at the end of 2018[16] - The net assets attributable to shareholders increased by 3.59% to CNY 1,279,540,316.41 from CNY 1,235,198,438.75 at the end of 2018[16] - The long-term equity investment increased to ¥66,259,584.00, accounting for 3.60% of total assets[58] - The company reduced short-term loans by 23.00% to ¥178,935,666.00, reflecting improved financial health[58] - Accounts receivable increased significantly, with purchases amounting to 945,734,040 and sales totaling 963,286,320, leading to an ending balance of 250,656,000[60] Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.21 per 10 shares, totaling CNY 9,830,000 based on 467,625,470 shares[4] - The cash dividend distribution plan for 2019 is set at 0.21 yuan per 10 shares, totaling 9,820,134.87 yuan, which accounts for 21.17% of the net profit[87][88] - The company has maintained a consistent cash dividend policy over the past three years, with no cash dividends in 2017, 2,338,124.36 yuan in 2018, and 9,820,134.87 yuan in 2019[86][87] - The total distributable profit available to shareholders as of December 31, 2019, is 330,552,121.90 yuan[88] Research and Development - The company has developed over 30 significant research achievements and has been recognized as a key high-tech enterprise under national innovation programs[28] - The company has a strong focus on R&D, particularly in the field of supercapacitor separator materials, where it holds a leading technological position in China[30] - Research and development expenses rose by 1.63% to ¥80,148,839.57, representing 6.96% of total revenue, with the number of R&D personnel increasing by 53.70% to 249[51] - The company has over 30 invention patents and has led the drafting of more than 20 national and industry standards[33] Market Position and Competition - The company is a leading producer of electrolytic capacitor paper, a key component in various high-tech applications, maintaining a dominant market position in China[26] - The market for electrolytic capacitor paper is expanding rapidly, driven by applications in new energy vehicles and renewable energy sectors[30] - The company is the only domestic manufacturer capable of series production of electrolytic capacitor paper, facing competition from a few other manufacturers in the low-end product segment[75] - The company faces market competition risks from both international and domestic players, which may impact sales revenue and profit levels[78] Environmental and Social Responsibility - The company is committed to environmental protection, having established strict management systems and advanced technologies to meet national and local emission standards[79] - The company has invested in professional equipment to ensure wastewater and exhaust gas emissions comply with legal regulations, with a wastewater treatment capacity of 17,500 T/D and a waste gas treatment system including bag dust removal and desulfurization facilities[127] - The company has established emergency response plans for environmental incidents and has filed them with environmental protection departments[128] - The company has made positive contributions to local employment and economic development while fulfilling its social responsibilities[123] Corporate Governance - The company has established a performance evaluation system and compensation policy for its directors and senior management[173] - The board of directors has a compensation and assessment committee to review and propose compensation plans[173] - The company has a diverse board with independent directors and various industry experiences[172] - The company maintains independent operations in business, assets, personnel, and finance, ensuring no reliance on the controlling shareholder[184] Future Outlook and Strategic Plans - The company plans to focus on high value-added special materials and expand into the big data sector in 2020[77] - The company has plans for market expansion but did not disclose specific strategies or new product developments in the current report[68] - The company aims to improve operational efficiency by 5% through new management strategies implemented in 2020[159] - The company has set a performance guidance of 10% revenue growth for 2020[159]

者携带机构相关证明文件及其复印件，公司将对来访投资者的上述证明性文件进 行查验并存档复印件，以备监管机构查阅。 证券代码：002012 证券简称：凯恩股份 公告编号：2020－012 浙江凯恩特种材料股份有限公司 关于举办投资者接待日活动的公告 | --- | |---------------------------------------------------------------------------| | | | 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 | | 载、误导性陈述或者重大遗漏。 | | 浙江凯恩特种材料股份有限公司（以下简称"公司"）于 2020年3 月31日在 | | 巨潮资讯网（ www.cninfo.com.cn ）发布了《 2019 年年度报告》，为便于广大投 | | 资者深入全面了解公司情况，公司将在 2019 年度股东大会召开日举办投资者接待 | | 日活动，现将有关事项公告如下： | | 1 、接待日： 2020 年4月 23 日（星期四） | | 2 、接待时间：接待日当日上午 10:00-11:30 | | 3 、接待地点：北京市朝阳区东大桥 ...