证券代码：002087 证券简称：新野纺织 公告编号：2022-021号 河南新野纺织股份有限公司关于参加河南辖区 上市公司 2022 年投资者网上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的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 为进一步加强与投资者的互动交流，河南新野纺织股份有限公司定于 2022 年 5 月 30 日（周一）15:30-17:00 参加在全景网举办的"真诚沟通传递价值" 河南辖区上市公司 2022 年投资者网上集体接待日活动，本次活动将采用网络远 程的方式举行，投资者可登录"全景•路演天下"（http://rs.p5w.net）参与本 次互动交流。 出席本次网上集体接待日活动的人员有：公司董事长魏学柱先生、董事会秘 书王中伟先生、财务总监肖新宅先生（如有特殊情况，参会人员将可能进行调整）， 欢迎广大投资者积极参与。 特此公告。 河南新野纺织股份有限公司 董 事 会 2022 年 5 月 25 日 ...

Financial Performance - The company's revenue for Q1 2022 was ¥984,263,365.54, a decrease of 26.55% compared to ¥1,340,121,113.42 in the same period last year[3] - Net profit attributable to shareholders was ¥10,372,451.54, down 68.64% from ¥33,073,548.79 year-on-year[3] - Basic earnings per share were ¥0.0127, a decline of 68.64% from ¥0.0405 in the same period last year[3] - The company experienced a significant decline in operating profit and total profit, down 66.00% and 66.29% respectively, attributed to the impact of the pandemic and rising raw material costs[7] - The total comprehensive income for the first quarter was CNY 10,196,902.61, a decrease from CNY 33,332,784.43 in the previous period, representing a decline of approximately 69.4%[19] Cash Flow - The net cash flow from operating activities decreased by 74.40%, amounting to ¥71,124,508.39 compared to ¥277,778,770.30 in the previous year[3] - Cash inflow from operating activities totaled CNY 1,250,061,426.95, compared to CNY 1,476,477,767.08 in the previous period, a decrease of about 15.3%[22] - Cash outflow from operating activities was CNY 1,178,936,918.56, slightly down from CNY 1,198,698,996.78, showing a decrease of approximately 1.7%[22] - Cash and cash equivalents at the end of the period were CNY 57,216,857.92, down from CNY 129,009,354.93 at the end of the previous year, a decline of about 55.7%[23] - Cash flow from financing activities resulted in a net outflow of CNY 89,298,349.91, an improvement from a net outflow of CNY 429,971,205.12 in the previous year[22] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,329,095,354.13, down 2.25% from ¥10,566,509,246.43 at the end of the previous year[3] - Current liabilities totaled CNY 5,411,102,597.11, a slight decrease of 1.4% from CNY 5,490,111,753.69[15] - The company's long-term borrowings decreased by 32.73%, primarily due to reclassification of long-term borrowings to current liabilities[7] - The company's long-term equity investments were valued at CNY 49,506,999.53, a decrease from CNY 51,162,526.37[14] Operating Costs and Expenses - The total operating costs amounted to CNY 972,054,998.75, down 25.0% from CNY 1,296,736,935.04 year-over-year[16] - Research and development expenses for the quarter were CNY 27,954,152.36, down 22.9% from CNY 36,251,427.41 year-over-year[16] - The financial expenses increased to CNY 59,996,439.84, compared to CNY 42,426,178.67 in the previous year, marking an increase of 41.5%[16] Government Support and Impairments - The company received government subsidies amounting to ¥2,740,000.00 during the reporting period[5] - The company reported a credit impairment loss of CNY -104,045.94, compared to a loss of CNY -4,777,524.06 in the previous year[18] Audit Status - The report for the first quarter was not audited[24]

Financial Performance - The company's operating revenue for 2021 was ¥5,303,450,692.12, an increase of 8.99% compared to ¥4,865,937,958.66 in 2020[17] - The net profit attributable to shareholders decreased by 71.58% to ¥48,947,641.12 from ¥172,200,859.92 in the previous year[17] - The net profit after deducting non-recurring gains and losses was ¥128,404,596.18, down 20.58% from ¥161,668,772.13 in 2020[17] - The net cash flow from operating activities improved significantly to ¥363,749,259.25, a 388.83% increase from -¥125,939,881.43 in 2020[17] - The total assets at the end of 2021 were ¥10,566,509,246.43, reflecting a 3.76% increase from ¥10,183,876,727.24 at the end of 2020[17] - The net assets attributable to shareholders increased slightly by 0.65% to ¥4,300,071,036.11 from ¥4,272,226,678.75 in 2020[17] - The basic earnings per share decreased to ¥0.0599, down 71.58% from ¥0.2108 in the previous year[17] - The weighted average return on net assets was 1.14%, a decrease of 2.96% compared to 4.10% in 2020[17] - The company reported a net profit of ¥45,976,944.28 for the year 2021[68] - The total distributable profit for the period was 1,229,001,013.32 CNY, indicating a strong profitability position[126] Revenue and Sales - In Q1 2021, the company's operating revenue was approximately ¥1.34 billion, while in Q2 it decreased to ¥1.18 billion, followed by an increase to ¥1.46 billion in Q3, and a slight decline to ¥1.33 billion in Q4[21] - The company achieved a total revenue of CNY 5.30 billion in 2021, representing an increase of 8.98% year-on-year[38] - The company's revenue from yarn sales was CNY 3.53 billion, accounting for 66.65% of total revenue, with a year-on-year growth of 14.78%[42] - Domestic sales contributed CNY 5.06 billion, representing 95.47% of total revenue, with a year-on-year increase of 10.35%[42] - The total revenue for 2021 was 1,608.81 million, showing a significant increase compared to previous years[101] Costs and Expenses - The cost of goods sold was ¥4,598,116,998.76, which is an increase of 11.17% compared to the previous year[48] - The gross margin for the textile industry was reported at 11.17%, a decrease of 1.70% year-on-year[45] - Total sales expenses for 2021 were approximately ¥17.19 million, a slight increase of 0.40% compared to 2020[57] - Financial expenses increased significantly by 22.26% to approximately ¥207.36 million in 2021, compared to ¥169.61 million in 2020[57] - R&D expenses rose by 4.03% to approximately ¥163.03 million in 2021, up from ¥156.72 million in 2020[57] Research and Development - The company has obtained 6 invention patents, 71 utility model patents, and 32 design patents as of December 31, 2021[33] - The company is committed to innovation and has established a high-efficiency R&D system to support new product development in line with its strategic goals[40] - The company's R&D investment amounted to ¥163,025,099.79 in 2021, representing a 4.03% increase from ¥156,715,336.95 in 2020[66] - R&D expenditure accounted for 3.07% of total revenue in 2021, a slight decrease of 0.15% from 3.22% in 2020[66] - Research and development investments increased by 25% in 2021, focusing on innovative textile technologies[107] Market Strategy and Operations - The company operates a direct procurement model to ensure stable supply and reduce costs, adapting to market demands[30] - The sales strategy includes direct sales and e-commerce, with 29 sales offices established in key textile markets across the country[31] - The company aims to enhance its marketing channels by establishing diversified sales platforms and actively exploring emerging markets to increase its domestic and international market share[86] - The company is upgrading from manufacturing to intelligent manufacturing, building smart factories, and accelerating the integration of advantageous resources to maintain its leading position in cotton textiles[85] - The company plans to leverage the cost advantages of its Xinjiang production base while improving production efficiency to maintain its leading position in the cotton textile industry[86] Environmental Compliance - The company has a wastewater treatment plant with a processing capacity of 6,000 tons per day, and the facility is operating normally, treating both production and domestic wastewater[138] - The wastewater treatment process includes "coagulation sedimentation + hydrolysis acidification + A/O + contact oxidation + biochemical sedimentation tank + coagulation three sedimentation tank + advanced oxidation" and meets the GB4287-2012 standards[138] - The company has implemented pollution prevention facilities, including a pulse bag dust collector and SCR denitrification equipment, ensuring emissions meet the GB 13223-2011 standards[138] - The company has established monitoring points for non-organized emissions, ensuring compliance with environmental standards[141] - The company is committed to environmental compliance through rigorous monitoring and reporting of pollutants[142] Corporate Governance - The company adheres to legal and regulatory requirements in its governance structure, ensuring transparency and accountability in its operations[91] - The company maintains complete independence from its controlling shareholders in terms of business operations, personnel, assets, and financial management[95] - The company has established an independent financial accounting department with a standardized financial management system, ensuring no shared bank accounts with controlling shareholders[96] - The company has a modern corporate governance structure, adhering to legal regulations and ensuring effective checks and balances among its governing bodies[95] - The board of directors has been actively involved in overseeing the company's operational and financial performance[112] Shareholder Information - The largest shareholder, Xinye County Finance Bureau, holds 27.30% of the shares, with 100 million shares pledged[192] - The total number of shares is 816,794,300, with 99.86% being unrestricted shares[190] - The controlling shareholder of the company is the Xinye County Finance Bureau, which holds a significant stake in the company[195] - The top three shareholders include Xinye County Finance Bureau with 222,960,192 shares, Xinye County Supply and Marketing Cooperative with 11,995,800 shares, and Xinye County Cotton and Hemp Group with 10,659,440 shares[194] - The actual controller is also the Xinye County Finance Bureau, which is responsible for the supervision and management of local state assets[196] Future Outlook - Financial guidance for the upcoming year indicates a focus on expanding production capabilities and enhancing product innovation to meet market demands[63] - Future guidance estimates a revenue growth of 12% for 2022, driven by increased demand and new product introductions[103] - The company plans to expand its market presence by entering two new regions in 2022, aiming for a 20% increase in market share[105] - New product lines are expected to launch in Q3 2022, projected to contribute an additional 5% to overall revenue[106] - The company is exploring potential mergers and acquisitions to enhance its supply chain efficiency and product offerings[102]

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,457,198,685.86, an increase of 1.03% compared to the same period last year[3] - The net profit attributable to shareholders for Q3 2021 was ¥65,694,941.83, representing an increase of 18.43% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥73,561,262.74, up 36.27% compared to the previous year[3] - Total operating revenue for the third quarter of 2021 was approximately CNY 3.97 billion, an increase of 3.06% compared to CNY 3.86 billion in the same period of 2020[18] - Net profit for the third quarter of 2021 was approximately CNY 126.23 million, a decrease of 22.66% from CNY 163.22 million in the same quarter of 2020[19] - The total comprehensive income for the period was CNY 130,621,539.35, compared to CNY 168,148,578.99 in the previous period, representing a decrease of approximately 22.3%[20] - Basic and diluted earnings per share for the period were both CNY 0.1594, down from CNY 0.2084 in the previous period, indicating a decline of about 23.5%[20] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥790,661,440.92, an increase of 40.93% year-on-year[3] - Net cash flow from operating activities was CNY 790,661,440.92, an increase of approximately 40.9% compared to CNY 561,047,924.86 in the previous period[23] - Cash inflow from operating activities totaled CNY 4,461,013,983.22, while cash outflow was CNY 3,670,352,542.30, resulting in a net cash flow of CNY 790,661,440.92[23] - Cash inflow from financing activities was CNY 2,576,700,000.00, compared to CNY 2,343,313,361.03 in the previous period, reflecting an increase of about 10%[24] - The net cash flow from financing activities was negative CNY 900,321,909.29, worsening from negative CNY 277,632,686.00 in the previous period[24] - The cash and cash equivalents at the end of the period were CNY 112,371,214.39, down from CNY 333,547,704.85 at the end of the previous period, a decrease of approximately 66.4%[24] - The company reported a decrease in cash received from sales of goods and services, totaling CNY 4,334,166,879.52, compared to CNY 4,125,150,475.25 in the previous period, an increase of about 5.1%[22] - The company incurred cash payments for goods and services amounting to CNY 3,268,717,532.32, down from CNY 3,430,526,420.05 in the previous period, indicating a decrease of approximately 4.7%[23] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥9,767,508,005.38, a decrease of 4.09% from the end of the previous year[3] - The company's total assets as of September 30, 2021, were approximately CNY 9.77 billion, down from CNY 10.18 billion at the end of 2020, representing a decrease of 4.08%[16] - Total liabilities decreased to approximately CNY 5.30 billion as of September 30, 2021, from CNY 5.83 billion at the end of 2020, a reduction of 9.01%[16] - The company's cash and cash equivalents were approximately CNY 794.41 million, down from CNY 861.15 million at the end of 2020, reflecting a decrease of 7.74%[14] - Inventory levels decreased to approximately CNY 2.59 billion as of September 30, 2021, from CNY 3.16 billion at the end of 2020, a decline of 18.06%[14] Borrowings and Equity - The long-term borrowings increased by 103.97% compared to the beginning of the year, due to the addition of new long-term loans[7] - The company reported a significant increase in long-term borrowings, which rose to approximately CNY 751.46 million from CNY 368.41 million, marking a growth of 103.73%[16] - The total equity attributable to shareholders of the parent company increased to approximately CNY 4.38 billion, up from CNY 4.27 billion at the end of 2020, reflecting a growth of 2.59%[16] Research and Development - Research and development expenses for the third quarter of 2021 amounted to approximately CNY 108.57 million, compared to CNY 92.53 million in the same period last year, indicating a year-over-year increase of 17.34%[19] Other Notable Events - The company completed the acquisition of Changji Jinxiyu Cotton Industry Co., Ltd. for ¥39 million, which was finalized on August 13, 2021[11] - The company experienced a 75.35% decrease in credit impairment losses compared to the same period last year, due to reduced provisions for bad debts[7] - The weighted average return on equity for the year-to-date was 3.01%, an increase of 1.04% compared to the previous year[3] - The company did not adjust the initial balance sheet items for the new leasing standards implemented in 2021[25]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥2,516,228,698.98, representing a 4.29% increase compared to ¥2,412,815,480.25 in the same period last year[17]. - The net profit attributable to shareholders decreased by 43.79% to ¥64,504,432.00 from ¥114,759,245.10 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was ¥58,897,852.75, down 40.87% from ¥99,613,821.00 in the previous year[17]. - Basic earnings per share decreased by 43.77% to ¥0.0790 from ¥0.1405 year-on-year[17]. - The company's revenue for the current period is ¥2,516,228,698.98, representing a year-over-year increase of 4.29% compared to ¥2,412,815,480.25 in the same period last year[34]. - The cost of goods sold increased by 8.71% to ¥2,224,204,813.69 from ¥2,045,931,834.27, resulting in a gross margin decrease of 3.60%[38]. - The company reported a decrease in income tax expenses by 35.56%, amounting to ¥11,782,690.11, due to a decline in profits[34]. - Yarn sales accounted for 63.32% of total revenue, generating ¥1,593,264,903.36, with a year-over-year growth of 3.55%[36]. - The revenue from grey cloth and fabrics surged by 35.33% to ¥753,751,283.83, increasing its share of total revenue to 29.96%[37]. - Domestic sales contributed 97.14% of total revenue, amounting to ¥2,444,147,773.90, reflecting a growth of 5.93% year-over-year[37]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 156.56% to ¥1,004,245,418.90, compared to ¥391,420,064.74 in the same period last year[17]. - The net cash increase in cash and cash equivalents was -¥49,756,656.59, an improvement from -¥229,332,576.47 in the previous year[34]. - Cash and cash equivalents at the end of the reporting period amounted to ¥858,277,984.3, representing 9.14% of total assets, an increase of 0.68% compared to the previous year[47]. - The company maintained a total production capacity of 112,500 tons for yarn and 85 million meters for grey cloth, with a capacity utilization rate of 91.83%, up from 88.30% last year[40]. - The company reported a significant decrease in cash flow from investment activities, indicating a strategic shift in capital allocation[150]. - The company’s operating cash flow remains positive, indicating ongoing operational efficiency despite challenges in investment returns[150]. - The company plans to focus on improving cash flow management and reducing investment outflows in the upcoming periods[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,385,479,197.35, a decrease of 7.84% from ¥10,183,876,727.24 at the end of the previous year[17]. - The total liabilities decreased to ¥4,981.32 million from ¥5,826.55 million, a reduction of 14.51%[130]. - The company's cash and cash equivalents were 858.28 million, slightly down from 861.15 million[128]. - Inventory decreased to ¥2,583,100,614, now representing 27.52% of total assets, a decline of 3.55% from the previous year[47]. - Short-term borrowings decreased to ¥2,269,340,000, which is 24.18% of total assets, down by 7.01% compared to the previous year[47]. - Long-term borrowings increased to ¥623,069,864.2, now accounting for 6.64% of total assets, an increase of 3.02% year-on-year[47]. - The asset-liability ratio decreased to 53.07% from 57.21%, a reduction of 4.14%[122]. Market Position and Strategy - The company is a leading manufacturer in the high-end cotton textile sector, producing yarn and fabric products, with a strong technological and brand advantage[25]. - The company has established 29 sales offices across major textile markets in China to enhance market development and customer feedback[26]. - The company ranks 9th in the 2020 China Cotton Textile Industry Revenue Top 100 list, indicating strong market position and economic performance[28]. - The company has a complete industrial chain including cotton procurement, spinning, weaving, and dyeing, which enhances operational stability and cost advantages[32]. - The company focuses on high-end markets and personalized services to achieve differentiated profits[30]. - The company is positioned to benefit from the growth potential in the central and western regions of China, enhancing its competitive edge in the textile industry[32]. - The company plans to continue expanding its domestic and international markets to seize post-pandemic development opportunities[58]. Environmental and Social Responsibility - The company has a wastewater treatment plant with a processing capacity of 6,000 tons per day, which operates normally and meets the GB4287-2012 discharge standards[69]. - The company has established a pollution prevention facility with a daily treatment capacity of 1,000 tons for its old plant, which is also functioning properly[68]. - The company conducts monthly monitoring of emissions including smoke flow, sulfur dioxide, nitrogen oxides, and particulate matter[74]. - The company has a solid waste and hazardous waste storage area and complies with regulations for hazardous waste disposal through contracts with qualified third-party companies[69]. - The company emphasizes social responsibility, actively fulfilling obligations to stakeholders and ensuring safety production management[76]. - The company has implemented an emergency response plan for environmental incidents, ensuring timely reporting and coordination with local environmental authorities[71]. Governance and Compliance - The company has a governance structure in place to protect shareholder rights and ensure compliance with legal regulations[77]. - The company has not engaged in any major related party transactions during the reporting period[87]. - There were no significant legal disputes or administrative penalties reported during the reporting period[86]. - The company has not reported any significant mergers or acquisitions during the first half of 2021, focusing instead on internal growth strategies[157]. - The company has not engaged in any leasing, contracting, or custodial arrangements during the reporting period[93]. Financial Reporting and Accounting - The financial statements are prepared based on the assumption of going concern, indicating no issues affecting the company's ability to continue operations in the next twelve months[166]. - The financial report complies with the requirements of the enterprise accounting standards, reflecting the company's financial position as of June 30, 2021[168]. - The company uses Renminbi as its functional currency for accounting purposes[171]. - The company has specific accounting policies for bad debt provisions, fixed asset depreciation, intangible asset amortization, and revenue recognition[167]. - The company recognizes financial liabilities at fair value, with changes due to its own credit risk recorded in other comprehensive income[187].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥2,516,228,698.98, representing a 4.29% increase compared to ¥2,412,815,480.25 in the same period last year[17]. - The net profit attributable to shareholders was ¥64,504,432.00, a decrease of 43.79% from ¥114,759,245.10 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥58,897,852.75, down 40.87% from ¥99,613,821.00 year-on-year[17]. - Basic earnings per share decreased by 43.77% to ¥0.0790 from ¥0.1405 in the previous year[17]. - The company's revenue for the current period is ¥2,516,228,698.98, representing a year-over-year increase of 4.29% compared to ¥2,412,815,480.25 in the same period last year[34]. - The cost of goods sold increased by 8.71% to ¥2,224,204,813.69 from ¥2,045,931,834.27, resulting in a gross margin decrease of 3.60%[38]. - The company reported a decrease in income tax expenses by 35.56%, amounting to ¥11,782,690.11, due to a decline in profits[34]. - Yarn sales accounted for 63.32% of total revenue, generating ¥1,593,264,903.36, with a year-over-year growth of 3.55%[36]. - The revenue from grey fabric and textiles surged by 35.33% to ¥753,751,283.83, increasing its share of total revenue to 29.96%[37]. - Domestic sales contributed 97.14% of total revenue, amounting to ¥2,444,147,773.90, reflecting a growth of 5.93% year-over-year[37]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 156.56%, reaching ¥1,004,245,418.90 compared to ¥391,420,064.74 in the same period last year[17]. - The net cash increase in cash and cash equivalents was -¥49,756,656.59, an improvement from -¥229,332,576.47 in the previous year[34]. - Cash and cash equivalents at the end of the reporting period amounted to ¥858,277,984.3, representing 9.14% of total assets, an increase of 0.68% compared to the previous year[47]. - The company experienced a net cash outflow from financing activities of ¥1,001,487,753.50 in the first half of 2021, compared to a net outflow of ¥436,942,535.22 in the same period of 2020[147]. - The net cash flow from financing activities was negative at CNY -415,823,548.00, worsening from CNY -251,983,554.54 in the previous year, indicating a decline of about 65%[150]. - The company's operating cash flow remains positive, suggesting operational stability despite challenges in investment and financing activities[150]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,385,479,197.35, a decrease of 7.84% from ¥10,183,876,727.24 at the end of the previous year[17]. - Total liabilities decreased to ¥4,981,315,105.48 from ¥5,826,550,339.83[130]. - The asset-liability ratio decreased to 53.07% from 57.21%, a reduction of 4.14%[122]. - The total liabilities of the company at the end of the current period are 33,366 million yuan[155]. Investment and R&D - The total investment during the reporting period was ¥53,886,482.25, a significant decrease of 70.92% compared to the previous year's investment of ¥185,281,993.65[52]. - The company continues to invest in research and development, with R&D expenses reported at CNY 58,745,549.20, slightly down from CNY 58,781,637.12 in the previous year[136]. - The company emphasizes innovation and has established partnerships with research institutions to enhance its R&D capabilities[29]. Market Position and Operations - The company is a leading manufacturer in the high-end cotton textile sector, producing yarn and fabric products, with a strong technological and brand advantage[25]. - The company operates a direct procurement model for raw cotton, ensuring stable supply and reduced procurement costs through strategic purchasing[26]. - The company has established 29 sales offices across major textile markets in China to enhance market development and customer feedback[26]. - The company ranks 9th in the 2020 China Cotton Textile Industry Revenue Top 100 list, indicating strong market position and economic performance[28]. - The company has a complete industrial chain covering cotton procurement, spinning, weaving, and dyeing, which enhances operational stability and cost advantages[32]. Environmental and Social Responsibility - The company has a wastewater treatment plant with a processing capacity of 6,000 tons per day, which operates normally and meets the GB4287-2012 discharge standards[69]. - The company has established a pollution prevention facility with a daily treatment capacity of 1,000 tons for its old plant, which is also functioning properly[68]. - The company has signed agreements for the comprehensive utilization of boiler ash and desulfurization gypsum with construction and cement plants[69]. - The company has actively fulfilled its social responsibilities, ensuring no abnormal situations occurred during the pandemic, and quickly resumed production[76]. Governance and Compliance - The company has established a comprehensive governance structure, including a board of directors with four specialized committees to ensure effective operation and protection of shareholder rights[77]. - There were no significant legal disputes or administrative penalties reported during the reporting period[86]. - The company has not engaged in any related party transactions or non-operating fund occupation during the reporting period[82]. Shareholder Information - The total number of shares is 816,794,300, with 99.86% being unrestricted shares[105]. - The largest shareholder, Xinye County Finance Bureau, holds 27.30% of the shares, totaling 222,960,192 shares[107]. - The company has not experienced any changes in shareholding structure during the reporting period[105]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no issues affecting the company's ability to continue operations in the next twelve months[166]. - The company follows specific accounting policies for bad debt provisions, fixed asset depreciation, intangible asset amortization, and revenue recognition[167]. - The company recognizes financial liabilities at fair value, with changes in fair value impacting current profits or losses[186].

股票代码：002087 股票简称：新野纺织 编号：2021-021 号 河南新野纺织股份有限公司 关于参加河南辖区上市公司 2021 年投资者 网上集体接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流，做好投资者关系管理工作，河南新野纺 织股份有限公司定于 2021 年 6 月 8 日（星期二）16:00-17:20 参加在全景网举 办的"真诚沟通 传递价值"——河南辖区上市公司 2021 年投资者网上集体接 待日活动，本次活动将采用网络远程的方式举行，投资者可登录"全景•路演天 下"（http://rs.p5w.net）参与本次互动交流。 公司出席本次活动的人员有：公司副董事长、总经理陶国定先生；公司副总 经理、董事会秘书许勤芝女士。(如有特殊情况，参会人员将可能进行调整) 欢迎广大投资者积极参与。 特此公告。 河南新野纺织股份有限公司 董 事 会 2021 年 6 月 3 日 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥1,340,121,113.42, representing a 26.54% increase compared to ¥1,059,049,881.19 in the same period last year[8] - The net profit attributable to shareholders decreased by 47.75% to ¥33,073,548.79 from ¥63,299,084.89 year-on-year[8] - The basic earnings per share dropped by 47.74% to ¥0.0405 from ¥0.0775 in the same period last year[8] - The net profit attributable to shareholders for the first quarter of 2021 was CNY 57.38 million, a decrease of 30% compared to CNY 80.33 million in the same period last year[22] - Basic earnings per share for the first quarter of 2021 was CNY 0.0702, down 30% from CNY 0.0983 in the previous year[22] - The company anticipates a decline in net profit due to increased uncertainty in the international trade environment and the impact of the global COVID-19 pandemic[22] - The company reported a decrease in total profit to CNY 40,799,564.73 from CNY 74,117,356.42 in the previous period[40] - Total comprehensive income for the first quarter was CNY 33,986,499.26, down from CNY 62,880,884.95 year-over-year[41] Cash Flow - The net cash flow from operating activities increased significantly by 338.22% to ¥277,778,770.30 compared to ¥63,388,629.05 in the previous year[8] - The company reported a net cash flow from operating activities of CNY 277,778,770.30, a significant increase from CNY 63,388,629.05 in the same period last year, representing a growth of approximately 338%[48] - Total cash inflow from operating activities was CNY 1,476,477,767.08, compared to CNY 1,159,511,934.66 in the previous year, indicating an increase of about 27.3%[48] - Cash outflow from operating activities totaled CNY 1,198,698,996.78, up from CNY 1,096,123,305.61, reflecting a rise of approximately 9.4%[48] - The company reported a net cash flow from investing activities of -CNY 8,860,805.09, an improvement from -CNY 25,085,943.23 year-over-year[49] - Cash inflow from financing activities was CNY 1,092,300,000.00, compared to CNY 944,715,893.30 in the previous year, marking an increase of about 15.6%[49] - The net cash flow from financing activities was -CNY 429,971,205.12, worsening from -CNY 269,220,284.59 in the same quarter last year[49] - The ending balance of cash and cash equivalents was CNY 129,009,354.93, slightly up from CNY 121,192,450.49 year-over-year[49] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,957,759,712.49, a decrease of 2.22% from ¥10,183,876,727.24 at the end of the previous year[8] - The total assets as of March 31, 2021, amounted to CNY 9.96 billion, a decrease from CNY 10.18 billion at the end of 2020[30] - The total liabilities decreased to CNY 5,298,436,709.79 from CNY 5,367,312,148.03 in the previous period[36] - The company's cash and cash equivalents decreased to CNY 782.96 million from CNY 861.15 million at the end of 2020[30] - The company's cash and cash equivalents were CNY 550,014,296.49, down from CNY 575,267,812.02 at the end of 2020[33] - The long-term borrowings increased by 58.42% compared to the beginning of the year, attributed to new long-term loans[15] - The long-term borrowings increased to CNY 583,623,627.48 from CNY 368,414,072.68 in the previous period[36] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,670[11] - The total equity attributable to shareholders was CNY 4,305,469,463.18, compared to CNY 4,272,226,678.75 in the previous period[33] Operational Metrics - The gross profit margin declined, leading to a 44.96% decrease in operating profit compared to the previous year[15] - The total operating costs for the first quarter of 2021 amounted to CNY 1,296,736,935.04, compared to CNY 986,275,555.35 in the previous period[39] - The company's sales revenue from goods and services received was CNY 1,219,587,819.94, an increase from CNY 883,630,069.82, representing a growth of approximately 38%[51] - The total cash outflow for operating activities was CNY 1,188,934,589.42, compared to CNY 967,854,088.48 in the previous year, indicating an increase of about 22.8%[51] Research and Development - Research and development expenses increased to CNY 36,251,427.41, compared to CNY 24,540,254.36 in the previous period[43] Other Financial Information - The company received government subsidies amounting to ¥2,244,145.50 during the reporting period[9] - The company reported no derivative investments during the reporting period[20] - The company incurred a credit impairment loss of CNY -3,436,722.69, compared to CNY -2,947,937.57 in the previous period[44] - The company’s financial expenses included interest expenses of CNY 34,152,657.85, up from CNY 28,754,525.85 in the previous period[43] - Other comprehensive income after tax was CNY 259,235.64, compared to a loss of CNY 93,428.28 in the previous period[40]

Financial Performance - The company's operating revenue for 2020 was approximately ¥4.87 billion, a decrease of 15.11% compared to ¥5.73 billion in 2019[17]. - The net profit attributable to shareholders was approximately ¥172.20 million, down 38.37% from ¥279.42 million in the previous year[17]. - The net cash flow from operating activities was negative at approximately -¥125.94 million, a decline of 111.30% compared to ¥1.11 billion in 2019[17]. - The basic earnings per share decreased to ¥0.2108, down 38.38% from ¥0.3421 in 2019[17]. - Total assets at the end of 2020 were approximately ¥10.18 billion, an increase of 6.58% from ¥9.55 billion at the end of 2019[17]. - The net assets attributable to shareholders increased to approximately ¥4.27 billion, a rise of 3.49% from ¥4.13 billion in 2019[17]. - The company reported a weighted average return on equity of 4.10%, down from 6.96% in the previous year[17]. - The company received government subsidies amounting to CNY 8.82 million in 2020, down from CNY 22.91 million in 2019[22]. - The company reported a 28.43% decline in revenue from cotton, totaling CNY 382 million, compared to CNY 534 million in 2019[43]. - The company's domestic revenue for 2020 was approximately CNY 4.59 billion, a year-on-year increase of 15.05%, while international revenue was about CNY 277.89 million, down 46.10%[46]. Operational Efficiency - The overall capacity utilization rate was 84.32%, down from 96.41% in the previous year, reflecting reduced operational efficiency[54]. - Yarn sales volume decreased by 17.12% to 148,258.25 tons, and production volume fell by 12.59% to 187,084.29 tons[46]. - The inventory of yarn increased by 26.06% to 43,861.45 tons, indicating potential supply chain issues[46]. - The total operating cost for the textile industry was CNY 4.14 billion, a decrease of 10.20% compared to the previous year[48]. - The company's sales expenses dropped significantly by 86.68% to CNY 17.13 million, while management expenses rose by 46.53% to CNY 153.86 million[53]. Research and Development - The company invested a total of ¥156.72 million in R&D in 2020, a decrease of 15.25% compared to ¥184.92 million in 2019[62]. - R&D expenditure accounted for 3.22% of total revenue in 2020, slightly down from 3.23% in 2019[62]. - The company developed 16 new product series during the reporting period, focusing on new materials, processes, and functionalities[39]. - The company emphasizes innovation and has participated in the drafting of 32 national and industry standards, with 18 already published[31]. Market Position and Strategy - The company ranked seventh in the competitiveness ranking of the Chinese cotton spinning industry in 2019, based on key economic indicators[29]. - The company has a complete industrial chain covering cotton, spinning, weaving, and dyeing, enhancing its core competitiveness[31]. - The company focuses on high-end cotton textile products, including a range of yarn and fabric series, catering to both clothing and home textile markets[26]. - The company plans to continue developing new products and improving its R&D management system to enhance competitiveness[39]. - The company plans to strengthen its marketing channels by establishing diversified sales platforms to expand its market share domestically and internationally[83]. Corporate Governance - The company has a strong governance structure with independent directors and a supervisory board in place[165]. - The board consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[176]. - The company maintains independence from its controlling shareholder in business, personnel, assets, and financial aspects, ensuring autonomous operations[178]. - The company has established a transparent performance evaluation and incentive mechanism for its executives[177]. - The company has a comprehensive internal control system and independent financial accounting department, ensuring compliance with listing requirements[180]. Environmental Responsibility - The company has established a sewage treatment facility with a daily capacity of 6,000 tons, which is operating normally[128]. - The company has implemented air pollution control measures, including a combined SCR and SNCR denitrification system, meeting ultra-low emission standards[128]. - The company has received environmental impact approvals for its medical non-woven fabric and new functional yarn projects[129]. - The company has established comprehensive waste gas treatment facilities, including a 80-meter high chimney, ensuring emissions meet GB 13223-2011 standards[136]. - The company conducts monthly monitoring of air emissions and noise levels, and weekly monitoring of chemical oxygen demand in wastewater[134]. Shareholder Returns - The company plans to distribute a cash dividend of ¥0.23 per 10 shares, based on a total share capital of 816,794,335 shares as of December 31, 2020[5]. - The total cash dividend amount for 2020 is 18,786,269.71 yuan, which represents 100% of the distributable profit[93]. - The company has maintained compliance with its cash dividend policy, ensuring that at least 80% of profits are distributed as cash dividends during mature development stages[93]. - The company has a shareholder return plan for the next three years (2020-2022) that was approved by the board and the shareholders[88]. Employee and Community Engagement - The total number of employees in the company is 8,948, with 7,065 in the parent company and 1,883 in major subsidiaries[169]. - The company emphasizes employee training, offering various programs including management and skills training to enhance core talent[172]. - The company invested a total of 1.07 million yuan in poverty alleviation efforts, helping 159 registered impoverished individuals to escape poverty[122]. - The company facilitated employment for over 160 individuals from minority groups in southern Xinjiang, with all registered impoverished households achieving poverty alleviation[123]. - A total of 184 employees in need received assistance from the company's mutual aid fund, with over 1.1 million yuan allocated for their support[123].

Financial Performance - Operating revenue for the reporting period was CNY 1,442,274,380.38, an increase of 6.15% year-on-year[8] - Net profit attributable to shareholders was CNY 55,470,207.14, up 7.15% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 53,981,588.19, an increase of 5.14% year-on-year[8] - Basic earnings per share were CNY 0.0679, an increase of 7.10% year-on-year[8] - The company's operating income for Q3 2020 was CNY 1,116,387,084.38, a decrease of 21.4% compared to CNY 1,419,153,362.66 in the same period last year[44] - The net profit for Q3 2020 reached CNY 52,538,563.29, representing an increase of 9.1% from CNY 47,841,941.47 in Q3 2019[44] - The total profit for the period was CNY 65,202,249.45, up from CNY 56,220,898.49, marking a growth of 15.4% year-over-year[44] - The basic and diluted earnings per share for Q3 2020 were both CNY 0.0679, compared to CNY 0.0634 in the previous year, reflecting a 7.1% increase[42] - The company's total comprehensive income for Q3 2020 was CNY 51,366,344.99, compared to CNY 41,254,838.89 in Q3 2019, indicating a growth of 24.9%[42] - The net profit attributable to the parent company was CNY 170,229,452.24, down 16.67% from CNY 204,374,731.05 in the previous year[50] - The total profit for the third quarter was CNY 194,169,916.11, a decrease of 16.79% compared to CNY 233,405,718.96 in the same quarter last year[49] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,183,188,801.76, a decrease of 3.89% compared to the end of the previous year[8] - Total assets as of September 30, 2020, amounted to CNY 8,109,315,666.00, compared to CNY 8,010,082,185.38 at the end of 2019[36] - Total liabilities decreased to CNY 4,526,251,916.16 from CNY 4,493,807,493.71 year-on-year[37] - Total liabilities reached CNY 5,342,130,840.05, with current liabilities at CNY 4,892,381,023.65 and non-current liabilities at CNY 449,749,816.40[66] - Owner's equity totaled CNY 4,212,862,275.41, with total equity attributable to shareholders at CNY 4,128,315,908.01[66] - The total amount of accounts payable was CNY 244,450,143.44, reflecting the company's obligations to suppliers[65] Cash Flow - Cash flow from operating activities was CNY 169,627,860.12, a decrease of 38.68% compared to the same period last year[8] - The net cash flow from operating activities for Q3 2020 was ¥561,047,924.86, a decrease of 38.6% compared to ¥914,931,485.05 in Q3 2019[57] - Total cash inflow from operating activities was ¥4,302,682,312.11, while cash outflow was ¥3,741,634,387.25, resulting in a net cash flow of ¥561,047,924.86[57] - Cash inflow from financing activities was ¥2,343,313,361.03, down 29% from ¥3,301,368,015.54 in the previous year[58] - The net cash flow from financing activities was -¥277,632,686.00, compared to -¥1,199,223,847.89 in the same period last year, indicating an improvement[58] - The company experienced a net decrease in cash and cash equivalents of -¥18,557,098.05 in Q3 2020, compared to -¥371,066,537.48 in Q3 2019[58] Expenses - Sales expenses decreased by 36.04% year-on-year, primarily due to increased subsidies for cotton yarn transportation[16] - The company reported a decrease in research and development expenses to CNY 33,743,778.83 from CNY 45,270,686.58[40] - The company experienced a decrease in financial expenses, which amounted to CNY 38,200,374.80, down from CNY 51,827,026.56, a reduction of 26.4%[44] - The company experienced a decrease in operating costs to CNY 986,493,700.74 from CNY 1,242,401,344.96, a reduction of 20.6% year-over-year[44] Future Projections - The estimated cumulative net profit for the year is projected to be between 19,559.26 million yuan and 25,147.62 million yuan, representing a decline of 10% to 30% compared to the previous year[24] - Basic earnings per share are expected to decrease to between 0.2395 yuan and 0.3079 yuan, reflecting a decline of 10% to 30% compared to the previous year[24] Other Information - The company has a loan guarantee of 18 million yuan overdue for Henan Tianguan Enterprise Group Co., Ltd. and Henan Tianguan Fuel Ethanol Co., Ltd., with no compensation risk anticipated[18] - The company has provided a loan guarantee of 12 million yuan for Henan Huajing Superhard Materials Co., Ltd., and has taken protective measures against potential default risks[18] - The company has implemented new revenue and leasing standards starting in 2020, which required adjustments to the financial statements[62] - The report indicates the implementation of new revenue and leasing standards starting in 2020, with no retrospective adjustments made[70]