山东鲁阳股份有限公司 2014 年第三季度报告正文 证券代码：002088 证券简称：鲁阳股份 公告编号：2014-063 山东鲁阳股份有限公司 2014 年第三季度报告正文 二 0 一四年十月二十五日 1 山东鲁阳股份有限公司 2014 年第三季度报告正文 | | 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） | 1,991,105,950.39 | 1,883,997,866.61 | | 5.69% | | 归属于上市公司股东的净资产 | 1,541,286,007.30 | | 1,513,322,994.87 | 1.85% | | （元） | | | | | | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | | | 增减 | | 年同期增减 | | 营业收入（元） | 292,889,938.33 | 18.93% | 850,689,091.93 | 22.22% | | 归属于上市公司股东的净利润 | 22,899,331.65 | -8.07% | ...

Financial Performance - The company achieved operating revenue of CNY 557,799,153.60, representing a 24.02% increase compared to the same period last year[16]. - The net profit attributable to shareholders was CNY 28,461,549.68, a decrease of 7.43% year-on-year[16]. - The total profit for the period was CNY 30,206,829.15, down 16.98% from the previous year[25]. - The net cash flow from operating activities was CNY 33,365,100.94, a decline of 47.26% compared to the same period last year[16]. - The basic earnings per share were CNY 0.12, down 7.69% from CNY 0.13 in the previous year[16]. - In the first half of 2014, the company achieved operating revenue of CNY 557,799,153.60, a year-on-year increase of 24.02%, primarily due to the growth in sales of industrial insulation products and basalt fiber products[26]. - The net profit attributable to the parent company for the first half of 2014 was CNY 28,461,549.68, a decrease of 7.43% year-on-year, mainly due to intensified competition and slow recovery in downstream markets[26]. - Operating costs for the first half of 2014 were CNY 396,980,609.42, up 25.4% year-on-year, driven by increased sales volumes of industrial insulation and basalt fiber products[26]. Assets and Liabilities - The total assets at the end of the period were CNY 1,886,171,098.75, a slight increase of 0.12% from the end of the previous year[16]. - The net assets attributable to shareholders were CNY 1,518,386,675.65, reflecting a 0.33% increase from the previous year[16]. - The company's total liabilities decreased from CNY 370,674,871.74 to CNY 367,784,423.10, indicating a reduction of approximately 0.24%[104]. - The total equity attributable to shareholders increased from CNY 1,513,322,994.87 to CNY 1,518,386,675.65, reflecting a growth of about 0.49%[104]. - Cash and cash equivalents decreased from CNY 40,707,442.31 to CNY 31,992,260.21, a decline of approximately 21.4%[102]. - Accounts receivable rose from CNY 481,771,896.50 to CNY 521,100,563.55, an increase of about 8.15%[102]. - Inventory decreased from CNY 201,789,609.02 to CNY 190,658,003.84, a reduction of approximately 5.52%[102]. Strategic Initiatives - The company plans to enhance fine management and optimize processes to improve efficiency and reduce energy consumption[25]. - The company is focusing on expanding its sales in the industrial insulation and construction insulation markets[25]. - The company has enhanced its management model and sales strategies, leading to improved market share for basalt fiber products despite price declines[32]. - The company has made substantial breakthroughs in production efficiency and cost reduction through automation upgrades in its production lines[37]. Shareholder Information - The company will not distribute cash dividends or issue bonus shares for this period[3]. - The total number of ordinary shareholders at the end of the reporting period was 20,203, indicating a diverse shareholder base[90]. - The company’s total share capital remained at 233,978,689 shares, with 13.90% being restricted shares and 86.10% being unrestricted shares[91]. - The largest shareholder, Yiyuan County South Hemp Town Collective Asset Management Center, holds 33.03% of the shares, totaling 77,273,618 shares[92]. - No changes occurred in the controlling shareholder or actual controller during the reporting period, ensuring stability in ownership[94]. Regulatory Compliance and Governance - The company has established a governance structure that complies with relevant laws and regulations, ensuring transparency and accountability[58]. - There were no significant litigation or arbitration matters during the reporting period[59]. - The financial report for the half-year period has not been audited[82]. - The company is preparing to submit the strategic investment to the Ministry of Commerce for approval, indicating proactive regulatory compliance[85]. Research and Development - Research and development investment in the first half of 2014 was CNY 12,480,877.22, a decrease of 12.62% year-on-year, while the company maintained high investment in new products and technologies[27]. - The company has dedicated 30 years to the research of ceramic fiber products, achieving world-class manufacturing processes and technology[37]. - In the first half of 2014, the new insulation blanket technology project was successfully promoted, significantly optimizing product indicators and reducing energy consumption[37]. Financial Instruments and Accounting Policies - The company adheres to the accounting standards issued by the Ministry of Finance, ensuring that financial statements reflect a true and complete picture of its financial status, operating results, and cash flows[132]. - The company includes all subsidiaries under its control in the consolidated financial statements, ensuring consistent accounting policies and periods[138]. - Revenue from sales is recognized when the risks and rewards of ownership have transferred to the buyer, with specific conditions for domestic and international sales[190]. - The company recognizes impairment losses for held-to-maturity investments based on the difference between carrying amount and present value of expected future cash flows[150].

山东鲁阳股份有限公司 2014 年第一季度报告正文 证券代码：002088 证券简称：鲁阳股份 公告编号：2014-040 山东鲁阳股份有限公司 2014 年第一季度报告正文 1 山东鲁阳股份有限公司 2014 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。 公司负责人鹿成滨、主管会计工作负责人王侃及会计机构负责人(会计主管 人员)公沛柱声明：保证季度报告中财务报表的真实、准确、完整。 2 山东鲁阳股份有限公司 2014 年第一季度报告正文 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -1,043,832.60 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 一标准定额或定量享受的政府补助除外） | 222,064.00 | | | 除上述各项之外的其他营业外收入和支出 | -528, ...

Financial Performance - The company's operating revenue for 2013 was CNY 1,026,456,993.51, representing a 2.3% increase compared to CNY 1,003,341,060.69 in 2012[25]. - The net profit attributable to shareholders for 2013 was CNY 86,469,200.67, a 2.17% increase from CNY 84,635,607.18 in 2012[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 5.03% to CNY 78,976,338.75 in 2013 from CNY 83,155,418.25 in 2012[25]. - The net cash flow from operating activities significantly dropped by 54.52% to CNY 58,021,733.59 in 2013 from CNY 127,589,377.67 in 2012[25]. - The total assets at the end of 2013 were CNY 1,883,997,866.61, reflecting a 1.83% increase from CNY 1,850,133,061.90 at the end of 2012[25]. - The net assets attributable to shareholders increased by 4.35% to CNY 1,513,322,994.87 at the end of 2013 from CNY 1,450,251,663.10 at the end of 2012[25]. - The basic earnings per share for 2013 were CNY 0.37, up 2.78% from CNY 0.36 in 2012[25]. - The weighted average return on net assets for 2013 was 5.84%, a slight decrease from 5.98% in 2012[25]. - The total profit for 2013 was CNY 99,255,577.29, reflecting a growth of 3.95% year-on-year[31]. - The company received government subsidies amounting to CNY 8,395,388.78 in 2013, an increase from CNY 4,140,930.10 in 2012[27]. Cash Flow and Investments - The net cash flow from operating activities decreased by CNY 69,567,644.08, down 54.52% due to reduced cash collection from sales[33]. - The cash flow from investment activities increased by CNY 60,963,312.81, a growth of 50.80%, mainly due to reduced expenditures on fixed and intangible assets[33]. - The company's cash and cash equivalents decreased by ¥66,432,620.74, a decline of 193.73%, primarily due to reduced recovery of sales proceeds and repayment of short-term financing bonds[50]. - The company reported an investment amount of CNY 311,500 in external equity investments, unchanged from the previous year, reflecting a 0% change[60]. Research and Development - Research and development investment for 2013 amounted to CNY 32,417,912.30, a 6.76% increase year-on-year, focusing on new products and technologies[32]. - The company launched several new products, including alumina fiber and composite modules, to drive market expansion[35]. - The company has a strong R&D capability, with a national-level technology center and substantial human resources[59]. Market and Sales - The sales volume of basalt fiber products increased by 8.98% to 175,960.81 tons in 2013[36]. - The company aims to achieve a net profit of CNY 87 million in 2014, targeting a 15% increase to reach CNY 100 million[70]. - The company plans to achieve sales revenue of CNY 1 billion in 2014, aiming for a 20% growth to reach CNY 1.23 billion[70]. - The company intends to strengthen the development of the building insulation market and increase sales volume of basalt fiber products[71]. Corporate Governance - The company appointed Shanghai Shanhui Certified Public Accountants as the auditing firm for the 2013 fiscal year, with an audit fee of 500,000 RMB[109]. - The company has established a remuneration management system for directors and senior management based on performance and industry standards[139]. - The board of directors has approved the remuneration for directors, supervisors, and senior management according to the established management system[139]. - The company has three independent directors, constituting over one-third of the board, ensuring compliance with legal requirements[150]. Shareholder Information - The total number of shares outstanding is 233,978,689, with 86.41% being unrestricted shares[121]. - The largest shareholder, Nanjing South Ma Town Collective Asset Management Center, holds 33.03% of the shares, totaling 77,273,618 shares[124]. - The company has not reported any significant changes in user data or market expansion strategies[93]. - The company has not engaged in any major contracts or leasing arrangements that would significantly impact its profit[104]. Risk Management - The company has a risk warning section highlighting potential operational difficulties and risks in its future development outlook[13]. - The company maintains complete independence from its controlling shareholder in business, personnel, assets, organization, and finance[164]. - The company has established a comprehensive internal control system to manage risks and ensure normal business operations, with no significant deficiencies identified[170]. Social Responsibility - The company emphasizes the importance of social responsibility and sustainable development, actively participating in community support and environmental protection initiatives[81].