Financial Performance - Operating revenue for the reporting period was CNY 705,268,302.24, an increase of 15.22% year-on-year [7]. - Net profit attributable to shareholders was CNY 78,789,628.59, representing a year-on-year increase of 36.30% [7]. - Basic earnings per share were CNY 0.16, up 45.45% compared to the same period last year [7]. - Total operating revenue for Q3 2019 was CNY 705,268,302.24, an increase of 15.2% compared to CNY 612,105,578.22 in the same period last year [32]. - Net profit for Q3 2019 reached CNY 80,332,033.18, representing a 35.0% increase from CNY 59,476,134.75 in Q3 2018 [33]. - The net profit for the third quarter of 2019 was CNY 139,111,383.49, an increase of 6.0% compared to CNY 130,432,220.46 in the same period last year [44]. - Operating profit reached CNY 162,738,568.62, up from CNY 152,391,096.72, reflecting a growth of 5.9% year-over-year [44]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,502,305,667.66, a decrease of 1.36% compared to the end of the previous year [7]. - Total assets as of September 30, 2019, were ¥2,502,305,667.66, down from ¥2,536,881,163.02 at the end of 2018 [27]. - Total liabilities increased to ¥693,751,867.24 from ¥663,766,443.80 year-over-year [26]. - Total liabilities were CNY 465,924,973.88, an increase from CNY 434,504,317.60 in the previous quarter [30]. - The company's total equity as of September 30, 2019, was ¥1,808,553,800.42, down from ¥1,873,114,719.22 at the end of 2018 [27]. - The company’s total equity decreased to CNY 1,630,891,436.39 from CNY 1,741,296,363.01 in the previous quarter, reflecting changes in retained earnings [30]. Cash Flow - Cash flow from operating activities was CNY 75,906,856.83, a decrease of 29.64% compared to the previous year [7]. - The net cash flow from operating activities was CNY 186,265,883.27, an increase of 21.0% compared to CNY 153,829,023.04 in the same period last year [46]. - Cash and cash equivalents at the end of the period totaled CNY 566,896,548.71, compared to CNY 574,277,863.14 at the end of the previous year [47]. - The net cash flow from operating activities increased to ¥167,477,320.98, up from ¥70,172,085.81 in the previous period, representing a growth of approximately 138.5% [49]. - The net cash flow from investing activities was ¥197,485,619.83, down from ¥237,743,784.12, showing a decline of about 16.9% [49]. - The company paid CNY 177,419,606.45 in dividends and interest, an increase from CNY 155,039,448.23 in the previous year, representing a rise of 14.3% [46]. Research and Development - Research and development expenses increased by 53.56% year-on-year, reflecting higher investment in product development [15]. - The company reported a significant increase in R&D expenses, totaling CNY 27,209,142.11, up from CNY 17,528,110.43 in Q3 2018, reflecting a focus on innovation [32]. - Research and development expenses increased to ¥16,322,557.56, up 39.9% from ¥11,663,321.78 in the previous period [36]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 19,536 [11]. - The company repurchased a total of 10,806,835 shares, accounting for approximately 2.15% of the total share capital, with a total payment of ¥75,014,057.36 [16]. - In the third quarter of 2019, the company repurchased 2,536,750 shares, representing about 0.50% of the total share capital, for a total amount of ¥17,249,164.00 [16].

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 1,151,046,689.23, representing a 9.88% increase compared to CNY 1,047,504,690.02 in the same period last year[16]. - The net profit attributable to shareholders of the listed company was CNY 106,123,942.17, up 16.14% from CNY 91,377,855.40 year-on-year[16]. - The net profit after deducting non-recurring gains and losses was CNY 101,029,858.56, reflecting a 16.84% increase compared to CNY 86,472,018.61 in the previous year[16]. - The net cash flow from operating activities was CNY 110,359,026.44, a significant increase of 140.17% from CNY 45,949,995.31 in the same period last year[16]. - Basic earnings per share rose to CNY 0.21, an increase of 16.67% from CNY 0.18 in the previous year[16]. - Total operating revenue for the first half of 2019 was CNY 1,151,046,689.23, an increase of 9.87% compared to CNY 1,047,504,690.02 in the same period of 2018[103]. - The total profit for the first half of 2019 was CNY 125,155,290.60, compared to CNY 110,594,361.48 in the first half of 2018, marking an increase of 13.19%[104]. - The company's operating profit for the first half of 2019 was CNY 125,276,177.37, an increase from CNY 110,402,874.05 in the same period of 2018[104]. - The total comprehensive income for the first half of 2019 was CNY 107,343,358.13, compared to CNY 93,544,938.78 in the same period of 2018, reflecting a growth of 14.74%[104]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,340,330,770.22, down 7.75% from CNY 2,536,881,163.02 at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company decreased to CNY 1,712,321,511.14, a decline of 6.86% from CNY 1,838,464,715.08 at the end of the previous year[16]. - The company's total assets decreased to CNY 1,998,218,384.67 as of June 30, 2019, down from CNY 2,175,800,680.61 at the end of 2018[102]. - Total liabilities decreased to CNY 403,856,819.87 as of June 30, 2019, compared to CNY 434,504,317.60 at the end of 2018, a reduction of 7.5%[102]. - The total equity attributable to shareholders decreased to CNY 1,594,361,564.80 as of June 30, 2019, down from CNY 1,741,296,363.01 at the end of 2018[103]. - The total liabilities at the end of the reporting period are CNY 627,029,920.33, which is essential for assessing the company's financial leverage[116]. Cash Flow - The net cash flow from operating activities for the first half of 2019 was CNY 103,516,539.31, a significant increase compared to CNY 534,467.37 in the same period of 2018[110]. - Total cash inflow from operating activities reached CNY 796,846,340.20, up from CNY 749,963,083.07 year-on-year[110]. - Cash outflow from operating activities decreased to CNY 693,329,800.89 from CNY 749,428,615.70, indicating improved operational efficiency[110]. - The net cash flow from investment activities was CNY 21,288,806.85, a decrease from CNY 271,065,211.11 in the previous year, reflecting reduced investment recovery[110]. - The net cash flow from financing activities was -CNY 238,895,596.90, worsening from -CNY 156,564,970.57 in the previous year, indicating increased financial strain[110]. Research and Development - Research and development investment amounted to CNY 50,837,215.16, reflecting a slight increase of 1.98% year-on-year[33]. - Research and development expenses increased to CNY 47,501,620.19 in the first half of 2019, compared to CNY 31,124,085.67 in the same period of 2018, marking a significant rise of 52.1%[103]. - The company plans to continue investing in R&D to adapt to national environmental policies and industry trends[30]. Market Position and Strategy - The company remains focused on the plastic flexible packaging industry, leveraging technological innovation and brand recognition to maintain its competitive edge[24]. - The company has established long-term stable partnerships with leading enterprises and brand companies in the market, ensuring its position as a leader in the domestic industry[24]. - Revenue from the international market skyrocketed by 114.64%, driven by successful market expansion and recognition of products[37]. - The company maintained a focus on vertical integration to enhance its supply chain and reduce production costs[30]. - The company aims to strengthen long-term relationships with quality customers while cultivating new clients[30]. Shareholder Information - The company has been actively repurchasing its shares as approved by the board and shareholders, with multiple announcements made regarding the progress of the repurchase[76]. - The company repurchased a total of 8,270,085 shares, accounting for approximately 1.64% of the total share capital, with a total payment of ¥57,764,893.36 (excluding transaction fees) during the reporting period[81]. - The largest shareholder, Huangshan Yongjia Investment Co., Ltd., holds 31.70% of the total shares, amounting to 159,651,305 shares[85]. - The second-largest shareholder, Aorijins Technology Co., Ltd., holds 12.70% of the total shares, amounting to 63,956,264 shares, with 63,950,000 shares pledged[85]. - The company has a total of 20,635 shareholders at the end of the reporting period[85]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit and has implemented pollution control measures, including a high-efficiency gas purification project[74]. - The company has established an emergency response plan for environmental incidents in compliance with relevant laws and regulations[75]. Corporate Governance - There were no changes in the board of directors, supervisors, or senior management during the reporting period[92]. - The company did not implement any stock incentive plans or employee stock ownership plans during the reporting period[61]. - There were no significant related party transactions reported during the period[62]. Accounting and Financial Reporting - The financial report for the first half of 2019 was not audited[96]. - The financial statements are prepared based on the enterprise accounting standards, reflecting the company's financial position and operating results accurately[133]. - The company's accounting period runs from January 1 to December 31 each year[134]. - The company follows specific accounting policies for mergers and acquisitions, including the treatment of goodwill and identifiable assets[137].

本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网络 证券代码：002014 证券简称：永新股份 公告编号：2019-026 黄山永新股份有限公司 关于参加"2019 年安徽上市公司投资者集体接待日活动" 的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与广大投资者的沟通交流，使广大投资者能更全面、更深入地 了解公司情况，黄山永新股份有限公司（以下简称"公司"）将参加由安徽上市公司 协会和深圳市全景网络有限公司联合举办的"2019年安徽上市公司投资者集体接 待日"活动。 | --- | |--------------------------------------------------------------------| | | | 平台，采取网络远程的方式进行，投资者可登录全景 · 路演天下： | | 参与本次活动，活动时间： 2019 年 6 月 3 日（星期一） 14 ： | | 届时公司董事、副总经理、董事会秘书方洲先生将通过网络在线交流方式与 | | 投资者进行沟通。欢迎广大投资者积极参与。 | | 特此公告。 | | ...

Financial Performance - The company's operating revenue for Q1 2019 was ¥568,104,691.30, representing a 12.16% increase compared to ¥506,491,059.31 in the same period last year[7] - Net profit attributable to shareholders was ¥50,995,792.72, an increase of 18.91% from ¥42,886,271.79 year-on-year[7] - Basic earnings per share rose to ¥0.10, up 11.11% from ¥0.09 in the same period last year[7] - Total operating revenue for the first quarter of 2019 reached ¥568,104,691.30, an increase of 12.14% compared to ¥506,491,059.31 in the same period last year[31] - Net profit for the first quarter was ¥51,431,264.80, representing a year-on-year increase of 18.67% from ¥43,559,421.70[32] - The company's operating revenue for the current period reached ¥408,056,438.82, an increase of 13.9% compared to ¥358,345,194.56 in the previous period[35] - The net profit for the current period was ¥45,617,142.50, representing a growth of 4.4% from ¥43,667,011.48 in the same period last year[35] - The company reported a total profit of ¥52,744,911.93, which is an increase of 4.6% from ¥50,441,189.98 in the previous period[35] Cash Flow - The net cash flow from operating activities improved significantly to ¥35,588,886.93, a 255.18% increase from a negative cash flow of ¥22,934,083.11 in the previous year[7] - The cash flow from operating activities generated a net inflow of ¥35,588,886.93, a significant improvement from a net outflow of ¥22,934,083.11 in the previous period[38] - The net cash flow from operating activities was ¥55,278,330.40, a significant improvement compared to a net outflow of ¥11,687,683.17 in the same period last year[40] - Total cash inflow from operating activities was ¥437,241,442.89, up from ¥374,496,314.72 year-over-year, indicating a growth of approximately 16.7%[40] - Cash outflow from operating activities decreased slightly to ¥381,963,112.49 from ¥386,183,997.89, showing a reduction of about 1.6%[40] - The net cash flow from investing activities was -¥21,145,803.19, an improvement from -¥62,116,195.57 in the previous year[40] - The net cash flow from financing activities was -¥64,431,966.59, compared to -¥599,540.00 in the previous year, showing a larger outflow[40] Assets and Liabilities - Total assets decreased by 3.35% to ¥2,451,842,151.00 from ¥2,536,881,163.02 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 8.57% to ¥1,680,820,515.63 from ¥1,838,464,715.08 at the end of the previous year[7] - Total current assets decreased from ¥1,659,940,744.76 on December 31, 2018, to ¥1,587,453,578.60 on March 31, 2019, reflecting a decline of approximately 4.4%[24] - Total liabilities increased from ¥663,766,443.80 at the end of 2018 to ¥738,656,159.15 by March 31, 2019, an increase of about 11.3%[25] - The company's total assets decreased from ¥2,536,881,163.02 on December 31, 2018, to ¥2,451,842,151.00 on March 31, 2019, a decline of approximately 3.4%[26] - The company's equity attributable to shareholders decreased from ¥1,838,464,715.08 at the end of 2018 to ¥1,680,820,515.63 by March 31, 2019, a decrease of about 8.6%[26] - The total equity of the company decreased to ¥1,578,273,513.34 from ¥1,741,296,363.01, a decline of 9.38%[29] Expenses - Sales expenses increased by 40.52% year-on-year, primarily due to business expansion efforts[15] - Research and development expenses grew by 44.26%, reflecting increased investment in R&D[15] - Research and development expenses rose to ¥22,364,623.82, an increase of 44.25% compared to ¥15,503,523.52 in the previous year[31] - Research and development expenses rose to ¥13,257,216.36, up from ¥10,341,178.38, indicating a year-over-year increase of 28.5%[35] Shareholder Activities - As of March 31, 2019, the company repurchased a total of 5,038,859 shares, accounting for approximately 1.00% of the total share capital, with a total payment of ¥34,137,739.42[16] Other Information - The company has no violations regarding external guarantees during the reporting period[18] - The company did not undergo an audit for the first quarter report[42] - The report indicates that the company has not applied new financial instrument standards or new revenue recognition standards for the current period[42]

Financial Performance - The company's operating revenue for 2018 was ¥2,332,267,545.29, representing a 16.13% increase compared to ¥2,008,242,605.84 in 2017[16] - The net profit attributable to shareholders for 2018 was ¥225,324,381.72, an increase of 9.66% from ¥205,483,203.04 in 2017[16] - The net profit after deducting non-recurring gains and losses was ¥202,459,001.80, up 8.06% from ¥187,353,709.13 in 2017[16] - The cash flow from operating activities for 2018 was ¥323,833,456.96, a 16.78% increase from ¥277,299,915.96 in 2017[16] - The total assets at the end of 2018 were ¥2,536,881,163.02, reflecting a 5.65% increase from ¥2,401,280,827.15 at the end of 2017[17] - The net assets attributable to shareholders at the end of 2018 were ¥1,838,464,715.08, a 4.21% increase from ¥1,764,264,829.82 at the end of 2017[17] - The basic earnings per share for 2018 were ¥0.45, up 9.76% from ¥0.41 in 2017[16] - The diluted earnings per share for 2018 were also ¥0.45, reflecting the same increase of 9.76% from ¥0.41 in 2017[16] - The weighted average return on equity for 2018 was 12.78%, an increase of 0.62% from 12.16% in 2017[16] Revenue Breakdown - The company's main business includes vacuum coating and plastic flexible packaging materials, primarily serving the food, daily chemical, and pharmaceutical sectors[27] - The revenue from the rubber and plastic products industry accounted for 93.49% of total operating revenue, with a year-on-year growth of 16.91%[36] - Domestic market revenue reached CNY 2,154.16 million, representing 92.36% of total revenue, with a growth of 16.20% year-on-year[36] - The company's total revenue for 2018 reached ¥2,180,494,618.58, representing a year-on-year increase of 20.94% compared to ¥1,723,932,599.59 in 2017[38] - The revenue from the international market grew by 29.56% to ¥178,105,668.17, compared to ¥125,464,034.36 in the previous year[38] Research and Development - The company obtained a total of 32 patents during the reporting period, including 13 invention patents, reflecting its commitment to R&D and innovation[33] - Research and development expenses rose by 43.48% to ¥65,896,663.19, primarily due to increased investment in technology development[44] - The number of R&D personnel increased by 4.36% to 287, accounting for 14.73% of the total workforce[44] Cash Flow and Investments - The company's cash flow from investment activities increased significantly due to a higher recovery of financial products during the reporting period[46] - The total amount of cash and cash equivalents at the end of 2018 was ¥527,776,857.02, which accounted for 20.80% of total assets, up from 15.72% in 2017[46] - The net cash flow from operating activities increased by 16.78% to ¥323,833,456.96 in 2018 compared to ¥277,299,915.96 in 2017[47] - Total cash inflow from investment activities rose significantly by 76.02% to ¥550,522,234.84, while cash outflow decreased by 15.14% to ¥603,336,386.20[47] Dividend Policy - The company plans to distribute a cash dividend of ¥3.50 per 10 shares (including tax) to all shareholders[4] - The cash dividend payout ratio for 2018 is 77.47% of the net profit attributable to ordinary shareholders[67] - The company has maintained a consistent cash dividend policy over the past three years, with payout ratios of 82.81% in 2016, 73.53% in 2017, and 77.47% in 2018[67] - The company has committed to ensuring that cash dividends represent at least 20% of profit distribution in the context of significant capital expenditures[69] Market Strategy and Growth - The company plans to focus on market-oriented strategies and precision marketing to enhance brand value and overall company value[58] - Continuous innovation and advanced technology development will be prioritized to upgrade soft packaging processes and products, particularly in high-barrier functional packaging materials[59] - The company aims to strengthen its competitive edge by deepening research and integrated services, enhancing product quality, and optimizing customer structure[61] - The company is positioned to benefit from the growing demand in the plastic packaging industry driven by urbanization and economic restructuring in China[56] Shareholder Structure - The company reported a total of 20,386 common shareholders at the end of the reporting period[117] - The largest shareholder, Huangshan Yongjia Investment Co., held 31.70% of the shares, totaling 159,651,305 shares[117] - The second-largest shareholder, Aorijin Technology Co., held 12.70% of the shares, totaling 63,956,264 shares[117] - The major shareholder, Huangshan Yongjia Investment Co., Ltd., holds 144,672,256 shares, representing a significant portion of the company's equity[120] Compliance and Governance - The company has ensured compliance with legal decision-making procedures for any future related transactions[72] - The independent directors actively fulfilled their responsibilities and provided effective suggestions that were adopted by the company[154] - The company maintained effective internal control over financial reporting, with no significant deficiencies identified during the reporting period[159] - The audit opinion issued for the financial statements was a standard unqualified opinion, indicating that the financial statements fairly reflect the company's financial position[166] Environmental Responsibility - The company emphasizes social responsibility, focusing on sustainable development and environmental protection initiatives[100] - The company has implemented stricter safety and environmental standards, enhancing product quality and customer service[32] - The company is classified as a key pollutant discharge unit by environmental protection authorities[102] - The company has established an emergency response plan for environmental incidents[106]