贵州久联民爆器材发展股份有限公司 2016 年年度报告全文 贵州久联民爆器材发展股份有限公司 2016 年年度报告 2017 年 03 月 1 贵州久联民爆器材发展股份有限公司 2016 年年度报告全文 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。 公司负责人罗德丕、主管会计工作负责人付成瑞及会计机构负责人(会计主 管人员)刘筑川声明：保证年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次年报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 罗德丕 | 董事长 | 因公出差 | 安胜杰 | | 郭盛 | 董事 | 因公出差 | 王丽春 | 公司年度报告中若涉及未来计划等前瞻性陈述的，不构成公司对投资者的 实质承诺，请投资者注意投资风险。 公司存在安全风险、市场竞争更加激烈风险、管理风险等风险因素，敬请 广大投资者注意投资风险。 公司 ...

贵州久联民爆器材发展股份有限公司 2016 年第三季度报告全文 贵州久联民爆器材发展股份有限公司 2016 年第三季度报告 2016 年 10 月 1 贵州久联民爆器材发展股份有限公司 2016 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人罗德丕、主管会计工作负责人付成瑞及会计机构负责人(会计主 管人员)刘筑川声明：保证季度报告中财务报表的真实、准确、完整。 2 贵州久联民爆器材发展股份有限公司 2016 年第三季度报告全文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 7,111,052,760.53 | 8,313,219,998.90 | | -14 ...

贵州久联民爆器材发展股份有限公司 2016 年半年度报告全文 贵州久联民爆器材发展股份有限公司 2016 年半年度报告 2016 年 08 月 1 贵州久联民爆器材发展股份有限公司 2016 年半年度报告全文 第一节 重要提示、目录和释义 公司负责人罗德丕、主管会计工作负责人付成瑞及会计机构负责人(会计主 管人员)刘筑川声明：保证本半年度报告中财务报告的真实、准确、完整。 公司半年度报告中若涉及未来计划等前瞻性陈述的，不构成公司对投资者 的实质承诺，请投资者注意投资风险。 2 | 2016 | 半年度报告 2 | | --- | --- | | 第一节 | 重要提示、目录和释义 5 | | 第二节 | 公司简介 7 | | 第三节 | 会计数据和财务指标摘要 9 | | 第四节 | 董事会报告 18 | | 第五节 | 重要事项 28 | | 第六节 | 股份变动及股东情况 31 | | 第七节 | 优先股相关情况 31 | | 第八节 | 董事、监事、高级管理人员情况 32 | | 第九节 | 财务报告 35 | | 第十节 | 备查文件目录 134 | 公司董事会、监事会及董事、监事、高级管理人员保证半年 ...

Financial Performance - The company's operating revenue for 2015 was ¥3,164,535,105.06, a decrease of 19.00% compared to ¥3,906,926,063.64 in 2014[16] - The net profit attributable to shareholders was ¥81,204,143.40, down 63.08% from ¥219,928,991.30 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥63,458,308.32, a decline of 69.99% from ¥211,448,169.47 in 2014[16] - Basic earnings per share decreased to ¥0.25, down 62.69% from ¥0.67 in the previous year[16] - In 2015, the company achieved total revenue of ¥3.16 billion, a decrease of 19% compared to the previous year, with a net profit of ¥81.20 million, down 63% year-on-year[31] Cash Flow - The net cash flow from operating activities improved to ¥199,957,438.30, a significant increase of 133.56% compared to a negative cash flow of ¥595,825,684.51 in 2014[16] - The net cash flow from operating activities showed significant volatility, with a negative cash flow of ¥234.63 million in Q1, a positive flow of ¥116.95 million in Q2, a negative flow of ¥52.25 million in Q3, and a strong positive flow of ¥369.89 million in Q4[21] - The net cash flow from investing activities increased by 19.02 million yuan, a growth of 651.48%, primarily due to the successful completion of a 50,000-ton explosives production line in December 2014[49] - The net cash flow from financing activities decreased by 55.993 million yuan, a decline of 91.39%, mainly because the blasting company received 41.388 million yuan less in loans from Poly Jiu Lian Group compared to the previous year[49] Assets and Liabilities - The total assets at the end of 2015 were ¥8,313,219,998.90, an increase of 6.88% from ¥7,778,066,955.98 at the end of 2014[16] - The total liabilities reached CNY 5,996,019,872.03, up from CNY 5,510,822,512.69, indicating an increase of about 8.81%[198] - The total equity attributable to shareholders of the parent company was CNY 1,972,104,137.30, compared to CNY 1,939,433,102.06 at the beginning of the year, representing a growth of approximately 1.69%[199] - The total liabilities to total assets ratio was approximately 72.1%, indicating a relatively high leverage position[198] Market Presence and Operations - The company maintained a strong market presence in Guizhou, which accounted for 80.36% of total revenue, despite a 20.74% decline from the previous year[35] - The revenue from explosive products production was ¥1.19 billion, accounting for 37.62% of total revenue, while blasting and engineering construction contributed ¥1.96 billion, or 62.08%[34] - The company operates across various provinces, including Gansu, Tibet, and Henan, expanding its market reach nationally[29] Strategic Initiatives - The company is focused on low-cost expansion and integrated operations, leveraging horizontal mergers to increase production scale and enhance service capabilities[26] - The company is committed to integrating research, production, sales, and blasting services to enhance its competitive edge in the industry[28] - The company is actively pursuing technological innovation and transformation, establishing research centers to enhance its R&D capabilities[73] - The company plans to continue expanding its production capacity and improve operational efficiency in response to market conditions[64] Risks and Challenges - The company faces risks including safety risks, intensified market competition, and management risks, which investors should be aware of[5] - The company is facing risks including safety risks inherent to the explosive materials industry, intensified market competition, and management risks due to organizational complexity[74] Shareholder and Governance - The company plans to distribute a cash dividend of ¥0.5 per 10 shares, totaling approximately ¥16,368,080.80 based on the total share capital of 327,368,160 shares[5] - The company declared a cash dividend of 0.5 yuan per 10 shares (including tax), totaling 16,368,408 yuan for the year 2015, which represents 100% of the distributable profit[82] - The company has included four new subsidiaries in its consolidated financial statements: Jiuxiang Blasting Company, Jiuyuan Blasting Company, Jiuyuanxiang Logistics Company, and Guizhou Guian Explosive Materials Business Co., Ltd.[89] - The company has committed to actively distributing cash dividends, aiming for at least 10% of the annual distributable profit[84] Human Resources - The total number of employees in the company is 6,250, with 1,204 in the parent company and 5,046 in major subsidiaries[165] - The company has a total of 1,763 production personnel, 307 sales personnel, and 1,090 technical personnel[165] - The educational background of employees includes 4 with doctoral degrees, 64 with master's degrees, and 1,018 with bachelor's degrees[166] Internal Control and Compliance - The company has not faced any regulatory penalties for its directors, supervisors, or senior management in the past three years[161] - The internal control evaluation report indicates that 99.34% of the total assets of the units included in the evaluation range accounted for the company's consolidated financial statement total assets, and 98.59% of the operating income of the units included accounted for the company's consolidated financial statement operating income[184] - There were no significant internal control deficiencies identified during the reporting period, as confirmed by the internal control self-assessment report[184]

贵州久联民爆器材发展股份有限公司 2016 年第一季度报告正文 证券代码：002037 证券简称：久联发展 公告编号：2016-27 贵州久联民爆器材发展股份有限公司 2016 年第一季度报告正文 1 贵州久联民爆器材发展股份有限公司 2016 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 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 □ 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） | 474,942,011.29 | 758,994,039.06 | -37.42% | | 归属于上市公司股东的净利润（元） | -25,266,064.65 | 24,507,558.23 | -203.09% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | -25,410,514.36 | 24,164,507.81 | -205.16% | | ...

贵州久联民爆器材发展股份有限公司 2015 年第三季度报告正文 证券代码：002037 证券简称：久联发展 公告编号：2015-61 贵州久联民爆器材发展股份有限公司 2015 年第三季度报告正文 1 贵州久联民爆器材发展股份有限公司 2015 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚 假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人占必文、主管会计工作负责人饶玉及会计机构负责人(会计主管人员)饶玉声明：保证季度 报告中财务报表的真实、准确、完整。 2 贵州久联民爆器材发展股份有限公司 2015 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 8,482,735,124.38 | 7, ...

Financial Performance - The company achieved operating revenue of CNY 1,867,952,098.07, an increase of 0.31% compared to the same period last year[20]. - The net profit attributable to shareholders was CNY 91,611,394.64, a decrease of 9.21% year-on-year[20]. - The basic earnings per share decreased by 9.68% to CNY 0.28[20]. - The weighted average return on net assets was 4.61%, down by 0.95% from the previous year[20]. - The company's operating revenue for the current period is ¥1,867,952,098.07, a slight increase of 0.31% compared to ¥1,862,148,112.03 in the same period last year[30]. - Operating costs rose to ¥1,395,065,819.65, reflecting a 3.35% increase from ¥1,349,904,876.10 year-on-year[30]. - The gross profit margin for the overall business was 25.30%, showing a slight decrease of 2.12% compared to the previous year[35]. - The company reported a net profit of 8,614.15 to 12,921.23 million yuan for the first nine months of 2015, representing a decrease of 40% to 10% compared to the previous year[60]. - The net profit for the first half of 2015 was CNY 94,882,363.04, down from CNY 129,601,289.69 in the previous year, indicating a decline of approximately 26.8%[129]. - The total profit for the first half of 2015 was CNY 123,877,000.47, down from CNY 159,203,236.21, a decrease of approximately 22.2%[128]. Cash Flow and Investments - The net cash flow from operating activities improved by 73.14%, amounting to CNY -117,680,994.60[20]. - The net cash flow from investing activities also improved by 61.94%, amounting to -¥66,000,485.79, due to reduced capital expenditures on projects[30]. - The net cash flow from financing activities saw a drastic decline of 91.79%, totaling ¥37,396,858.12, primarily due to decreased financing and increased debt repayment[30]. - The company's cash inflow from operating activities was CNY 1,222,321,941.41, compared to CNY 1,472,956,230.47 in the previous year, indicating a decrease of about 17%[133]. - The company reported a net cash outflow from investing activities of -66,000,485.79 CNY, compared to -139,850,311.32 CNY in the previous period[135]. - The company received 681,000,000.00 CNY in loans during the period, slightly down from 690,700,000.00 CNY in the previous period[136]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 8,309,774,845.16, reflecting a 6.84% increase from the end of the previous year[20]. - The total liabilities increased to CNY 6,001,051,056.23 from CNY 5,510,822,512.69, representing an increase of about 8.9%[121]. - The company's current assets totaled RMB 4,170,843,830.57, up from RMB 3,955,624,222.33, indicating an increase of about 5.43%[119]. - The company's inventory increased to RMB 261,262,284.23 from RMB 210,228,186.95, which is an increase of about 24.29%[118]. - The company's total equity increased to CNY 2,308,723,788.93 from CNY 2,267,244,443.29, showing a growth of about 1.8%[121]. Shareholder and Dividend Information - The company did not distribute cash dividends or bonus shares during this reporting period[6]. - The company implemented a cash dividend distribution plan, distributing 1.5 yuan per 10 shares, which was approved at the 2014 annual shareholders' meeting[61]. - The company has not planned to distribute cash dividends or issue new shares in the current half-year period[64]. - The company has committed to distributing at least 30% of the average distributable profit over three consecutive years (2015-2017) as cash dividends, with a minimum of 10% of the annual distributable profit for each year[97]. Market and Competitive Environment - The company plans to enhance market competitiveness and expand sales channels amid increasing price competition in the industry[28]. - The company experienced a decline in market demand for civil explosive products due to economic downturns and increased competition, leading to reduced profit margins[60]. - The company reported no significant changes in its core competitiveness during the reporting period[37]. Corporate Governance and Compliance - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, and enhancing management and control systems[68]. - There were no major litigation or arbitration matters reported during the period, indicating a stable legal environment for the company[70]. - The company has not faced any penalties or corrective actions during the reporting period[95]. Financial Management and Accounting Policies - The company adheres to the enterprise accounting standards, ensuring that financial statements reflect a true and complete picture of its financial status[159]. - The company employs the cost method for long-term equity investments in subsidiaries and the equity method for joint ventures[158]. - The company assesses the impairment of financial assets based on the present value of expected future cash flows, determining impairment losses when the carrying amount exceeds this value[172]. - The company recognizes cash and cash equivalents based on criteria including short-term maturity and high liquidity, ensuring minimal risk of value change[166]. Investment Projects and Future Plans - The company plans to invest 1,500 million yuan in the renovation of the detonator production line, with 713.02 million yuan already invested, indicating a project progress of 47.53%[58]. - The company is in the process of fulfilling commitments made during the acquisition of the Jiulian Group, which includes injecting 100% equity of Poly Chemical Holdings and 70% equity of Shandong Yingguang Explosive Equipment into the listed company within sixty months[92].

Financial Performance - The company's operating revenue for 2014 was CNY 3,906,926,063.64, representing a 14.69% increase compared to CNY 3,406,521,736.23 in 2013[21] - The net profit attributable to shareholders for 2014 was CNY 219,928,991.30, a 6.67% increase from CNY 206,171,143.55 in the previous year[21] - The basic earnings per share for 2014 was CNY 0.67, up 6.35% from CNY 0.63 in 2013[21] - The weighted average return on equity for 2014 was 11.88%, a slight decrease of 0.25% from 12.13% in 2013[21] - The company received government subsidies amounting to CNY 190.46 million, significantly higher than CNY 31.84 million in 2013[28] - The total revenue from the main business reached ¥3,895,162,043.06, with a year-on-year growth of 28.47%[49] - The revenue from explosive products production was ¥1,625,250,941.15, with a gross margin of 37.62%, showing a decrease of 8.72% year-on-year[49] - The company reported a total revenue of 1.2 billion RMB for the year 2014, reflecting a year-on-year growth of 15%[147] - The net profit attributable to shareholders was 150 million RMB, representing an increase of 10% compared to the previous year[147] Cash Flow and Assets - The net cash flow from operating activities was negative CNY 595,825,684.51, a decline of 97.46% compared to negative CNY 301,746,423.92 in 2013[21] - Cash and cash equivalents at the end of 2014 amounted to ¥718.66 million, representing 9.24% of total assets, a decrease of 1.78% from 2013[52] - Accounts receivable increased to ¥2.09 billion, accounting for 26.84% of total assets, up 0.50% due to new projects[52] - Inventory stood at ¥210.23 million, making up 2.70% of total assets, with a slight decrease of 0.02% attributed to increased construction activities[52] - Fixed assets rose to ¥1.13 billion, representing 14.52% of total assets, with a significant addition from a new production line[52] - Long-term receivables increased to ¥2.12 billion, accounting for 27.27% of total assets, driven by several new project additions totaling ¥4.85 million[52] - The company's total current assets increased to CNY 3,955,624,222.33 from CNY 3,447,244,916.39, representing a growth of approximately 14.7%[200] - Cash and cash equivalents rose to CNY 718,657,168.85, up from CNY 670,870,179.78, indicating an increase of about 7.2%[200] - Accounts receivable increased significantly to CNY 2,087,304,055.15 from CNY 1,604,076,976.20, reflecting a growth of approximately 30.1%[200] Investments and Projects - The company completed the construction of a 50,000-ton explosive production line in Anshun, producing 8,400 tons of emulsified explosives in 2014[32] - The company has invested CNY 19,389.02 million in major projects, with a cumulative actual investment of CNY 34,315.47 million as of the reporting period[74] - The company has invested 24,432 million yuan in the Hongshuitai project and 3,716 million yuan in the New South Road project using self-raised funds[67] - The company plans to produce and sell 4,000 tons of mixed explosives at the Tibet site in 2015[77] - The company is in the process of fulfilling commitments related to the acquisition of 100% equity in Poly Chemical Holdings and 70% equity in Shandong Yingguang Explosive Equipment Co., Ltd.[116] Market and Competition - The company faces risks including safety risks, intensified market competition, and fluctuations in raw material prices[12] - The company is focusing on optimizing its sales team and improving market share, particularly in the Guizhou market, to respond to the challenges of price liberalization in the explosives industry[76] - The company is expected to benefit from increased investments in infrastructure projects under the "Belt and Road" initiative, which will support the explosives industry[75] - The company is exploring partnerships with international firms to enhance its technological capabilities and expand its product offerings[147] Corporate Governance and Compliance - The company strictly adhered to corporate governance regulations, ensuring no interference from controlling shareholders in decision-making processes[167] - The company has established a transparent performance evaluation and incentive mechanism for directors and senior management, ensuring compliance with legal requirements[168] - The audit report issued by Lixin Certified Public Accountants provided a standard unqualified opinion on the financial statements for the year ended December 31, 2014[192] - The company reported no significant deficiencies in internal control design or execution during the evaluation period from January 1, 2014, to December 31, 2014[183] Future Plans and Commitments - The company plans to conduct a non-public offering to support future development and actively seek merger and acquisition opportunities to expand its scale[76] - The company has committed to distributing cash dividends of no less than 10% of the distributable profits achieved in the year[117] - The company aims to enhance management levels and strengthen internal controls to ensure the completion of production and operational targets[75] - The company aims for a revenue guidance of 1.5 billion RMB for 2015, indicating a growth target of 25%[147]

贵州久联民爆器材发展股份有限公司 2015 年第一季度报告正文 证券代码：002037 证券简称：久联发展 公告编号：2015-19 贵州久联民爆器材发展股份有限公司 2015 年第一季度报告正文 1 贵州久联民爆器材发展股份有限公司 2015 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人占必文、主管会计工作负责人饶玉及会计机构负责人(会计主管 人员)饶玉声明：保证季度报告中财务报表的真实、准确、完整。 2 贵州久联民爆器材发展股份有限公司 2015 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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） | 758,994,039.06 | 675,899,978. ...

Financial Performance - Operating revenue for the reporting period was ¥707,178,087.44, a decrease of 15.17% year-on-year, while year-to-date revenue increased by 14.33% to ¥2,569,326,199.47[7] - Net profit attributable to shareholders was ¥42,667,663.82, down 22.24% from the same period last year, with year-to-date net profit increasing by 0.90% to ¥143,569,184.74[7] - Basic earnings per share for the reporting period was ¥0.13, a decrease of 23.53% year-on-year, while year-to-date earnings per share increased by 2.33% to ¥0.44[7] - The weighted average return on equity for the reporting period was 2.33%, down 0.61% year-on-year, while year-to-date return on equity was 7.89%, a decrease of 0.71%[7] - The company expects a net profit attributable to shareholders for 2014 to be between 20,617,000 and 26,802,000 yuan, representing a change of 0.00% to 30.00% compared to the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period reached ¥7,409,380,048.10, an increase of 21.66% compared to the previous year[7] - Long-term receivables increased by ¥54,083,000, a growth of 43.99%, primarily due to increased receivables from engineering projects[15] - Non-current liabilities due within one year increased by 27,040,000 yuan, a growth of 159.06%, due to the reclassification of part of the long-term borrowings of Xinlian Blasting Group[16] - Other payables increased by 91,686,000 yuan, a growth of 409.52%, mainly due to loans from subsidiaries and increased performance guarantees from various engineering units[17] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 12,990[11] - The largest shareholder, Guizhou Jiulian Enterprise Group Co., Ltd., held 30.26% of the shares, amounting to 99,060,445 shares, with 44,000,000 shares pledged[11] Cash Flow and Expenses - The company reported a significant increase in cash flow from operating activities, with a net cash flow of -¥433,099,411.03, reflecting a 475.02% change year-to-date[7] - Cash flow from operating activities decreased by 357,000,000 yuan, primarily due to significant capital requirements for ongoing projects[19] - Operating costs rose by 22,831,000 yuan, an increase of 14.42%, corresponding to the revenue growth[18] - Financial expenses increased by 4,425,000 yuan, a growth of 64.13%, due to an increase in interest-bearing liabilities by 111,810,000 yuan[18] - Short-term borrowings increased by 19,300,000 yuan, with the parent company adding 6,000,000 yuan and Xinlian Blasting Group adding 10,900,000 yuan[16] Strategic Developments - The company plans to introduce China Poly Group as a strategic investor, which may lead to a change in actual control[20] - The company received government subsidies amounting to ¥2,906,324.09 related to technical improvements[8] - The company has not engaged in any securities investments during the reporting period[24]