证券代码：002098 证券简称：浔兴股份 公告编号：2019-042 福建浔兴拉链科技股份有限公司 关于参加 2019 年福建辖区上市公司 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信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 为便于广大投资者更深入全面地了解福建浔兴拉链科技股份有限公司（以下 简称"公司"）情况、发展战略、经营状况、融资计划、股权激励、可持续发展 等投资者所关心的问题，公司定于 2019 年 7 月 18 日下午 14:00-17:00 参加由福 建证监局协同深圳市全景网络有限公司组织开展的 2019 年福建辖区上市公司投 资者集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 · 路 演 天 下 " 网 站 （http://rs.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012），参 与公司本次投资者集体接待日活动，活动时间为 2019 年 7 月 18 日（星期四）14:00 至 17:00。 出席 ...

Revenue and Profitability - Revenue for Q1 2019 was CNY 357,378,403.42, a decrease of 33.10% compared to CNY 534,214,883.89 in the same period last year[10] - Net profit attributable to shareholders was a loss of CNY 6,220,635.52, representing a decline of 288.76% from a profit of CNY 3,295,559.72 in the previous year[10] - Basic and diluted earnings per share were both CNY -0.0174, a decrease of 274.00% compared to CNY 0.010 in the previous year[10] - The company experienced a decrease in operating income of CNY 176,836,500, a decline of 33.10%, attributed to lower revenue from its subsidiary[19] - The net profit for the first quarter was a loss of CNY 118,272.37, an improvement from a loss of CNY 3,572,739.95 in the same period last year[46] - The total comprehensive income attributable to the parent company was a loss of CNY 6,240,512.40, compared to a profit of CNY 3,265,646.23 in the previous period[46] Cash Flow and Operating Activities - Operating cash flow increased significantly to CNY 30,982,451.11, up 687.99% from CNY 3,931,837.76 in the same period last year[10] - The net cash flow from operating activities increased by CNY 27.05 million, a growth of 687.99%, primarily due to faster collection of payments compared to the same period last year[20] - Operating cash flow for the first quarter was CNY 50,973,386.02, a significant increase compared to CNY 1,616,917.80 in the same period last year, reflecting a growth of approximately 3041%[54] - Total cash inflow from operating activities reached CNY 238,893,109.57, up from CNY 139,678,880.78, representing an increase of about 71% year-over-year[54] - Cash inflow from operating activities totaled CNY 451,748,891.68, down from CNY 599,164,325.09 in the previous period[50] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,130,497,189.12, a slight decrease of 0.54% from CNY 2,142,044,125.10 at the end of the previous year[10] - The company’s net assets attributable to shareholders decreased to CNY 552,561,917.88, down 1.58% from CNY 561,423,672.62 at the end of the previous year[10] - Total liabilities amounted to CNY 1,459,606,410.01, compared to CNY 1,458,213,105.30 at the end of 2018[33] - The total equity attributable to shareholders of the parent company was CNY 552,561,917.88, down from CNY 561,423,672.62 at the end of 2018[34] - The company’s total assets were reported at CNY 2,142,044,125.10, consistent with the previous year, indicating no significant changes in asset structure[59] Investments and Expenditures - The company reported R&D expenses of CNY 10.52 million for Q1 2019, with no prior quarter data available for comparison[40] - Research and development expenses amounted to CNY 6,527,887.61, indicating ongoing investment in innovation[45] - The company reported a net cash outflow from investment activities of CNY -39,698,086.16, compared to CNY -38,284,261.26 in the previous year, indicating a slight increase in investment expenditures[51] - The company’s investment activities included cash outflows of CNY 216,309,845.71, which is a substantial increase from CNY 29,546,386.15 in the prior year, highlighting increased capital expenditures[55] Financial Position and Shareholder Activities - The company did not engage in any repurchase transactions among its top shareholders during the reporting period[16] - The company reported no violations regarding external guarantees during the reporting period[25] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[26] - The company did not engage in any research, communication, or interview activities during the reporting period[27] - The first quarter report for 2019 was not audited, indicating preliminary financial data[65] Current and Non-Current Assets - As of March 31, 2019, total current assets amounted to CNY 1,066,836,154.16, slightly up from CNY 1,059,756,917.64 at the end of 2018[32] - Total current assets amounted to CNY 505,217,754.02 as of December 31, 2018[61] - Total non-current assets reached CNY 1,295,702,038.59, contributing to a total asset value of CNY 1,800,919,792.61[62] Borrowings and Financial Expenses - The company's short-term borrowings increased to CNY 484 million from CNY 462 million at the end of 2018[32] - Short-term borrowings increased to CNY 484 million from CNY 454 million, reflecting a rise of 6.6%[38] - The company raised CNY 107,000,000.00 through borrowings during the quarter, compared to CNY 299,830,379.75 in the previous year, showing a decrease in financing activities[51] - The net cash flow from financing activities was CNY 15,061,360.12, down from CNY 22,981,229.29, indicating a decline in cash generated from financing[51] - The company reported a financial expense of CNY 15,286,708.91, which includes interest expenses of CNY 14,687,982.89[45]

Financial Performance - The company's operating revenue for 2018 was ¥2,272,495,886.73, representing a 22.18% increase compared to ¥1,859,901,688.90 in 2017[21] - The net profit attributable to shareholders was -¥649,729,150.70, a decrease of 646.02% from ¥118,993,445.82 in the previous year[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥752,967,538.98, down 729.34% from ¥119,644,601.66 in 2017[21] - The net cash flow from operating activities increased by 279.47% to ¥390,427,890.76 from ¥102,887,009.35 in 2017[21] - The basic earnings per share were -¥1.810, a decline of 648.48% from ¥0.330 in the previous year[21] - The weighted average return on equity was -72.95%, a decrease of 83.10% compared to 10.15% in 2017[21] - The net assets attributable to shareholders decreased by 53.95% to ¥561,423,672.62 from ¥1,219,043,386.29 at the end of 2017[22] - Total assets decreased by 32.62% to ¥2,142,044,125.10 from ¥3,179,150,037.11 at the end of 2017[22] - The company reported a net profit of 1.1 billion RMB for 2017, with a commitment to maintain a minimum net profit of 1.6 billion RMB for 2018 and 2.5 billion RMB for 2019[116] - The company's net profit attributable to shareholders for 2018 was -74.93 million yuan, and the net profit after deducting non-recurring gains and losses was -75.89 million yuan, failing to meet the original performance commitment of 160 million yuan[128] Revenue Breakdown - In Q1 2018, the company reported revenue of approximately ¥534.21 million, which increased to ¥609.53 million in Q2, but decreased to ¥520.10 million in Q3, and then rose again to ¥608.65 million in Q4[26] - The cross-border e-commerce business generated revenue of CNY 775.15 million, a significant increase of 78.03% compared to the previous year[70] - The zipper business achieved sales revenue of CNY 1.50 billion, with a growth of 5.11% year-on-year[70] - The company's total revenue for 2018 reached approximately CNY 2.27 billion, representing a year-on-year increase of 22.18%[70] Cash Flow and Investments - The net cash flow from operating activities showed a significant increase from ¥3.93 million in Q1 to ¥210.12 million in Q4, indicating improved cash generation capabilities[26] - Investment cash inflow rose by 224.14% compared to the previous year, mainly due to significant redemptions of financial products[89] - Investment cash outflow decreased by 33.01% year-on-year, attributed to a large payment for equity acquisition in the previous year[90] - Financing cash outflow surged by 552.34% year-on-year, driven by loan replacements by the parent company and repayment of all loans by the subsidiary[90] - The net increase in cash and cash equivalents dropped by 87.31% year-on-year, indicating a significant reduction in liquidity[88] Business Operations and Strategy - The company is a leading player in the zipper industry, recognized as a national high-tech enterprise and involved in setting industry standards[34] - The company has five major production bases across China, making it the largest zipper manufacturer in terms of variety and specifications[34] - The company focuses on high-end zipper production, competing with international brands like YKK and RIRI, and is enhancing its manufacturing technology[33] - The company maintains a direct sales model and distributor partnerships to reach global customers in the apparel and luggage sectors[31] - The company plans to enhance product quality and production efficiency through ongoing R&D projects, focusing on metal, plastic, and nylon zippers[84] Research and Development - Research and development expenses amounted to 57,146,935.60 yuan in 2018, accounting for 2.51% of total revenue, a decrease from 3.18% in 2017[86] - The company is actively engaged in research and development of new products and technologies to enhance competitiveness in the market[124] Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[163] - The company has maintained compliance with environmental standards as per GB21900 and other relevant regulations[164] - The company has continuously increased environmental investment to enhance the level of pollution control facilities[168] - The company has established a systematic environmental management department to ensure compliance with environmental standards and regulations[169] - The company has implemented targeted management measures for various pollutants, ensuring compliance with discharge standards[168] Shareholder and Governance Issues - The company has established a three-year shareholder dividend return plan to protect the rights of shareholders, especially minority investors[109] - The company is currently under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, with no conclusion reached yet[142] - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[197] - The actual controller of the company is Wang Lijun, who is also the chairman and responsible for the Shanghai branch[197] Legal and Regulatory Matters - The company has ongoing legal disputes with amounts involved including 284.35 million and 107.16 million, which are pending resolution[141] - The company did not face any situations that could lead to suspension or termination of its listing after the annual report disclosure[139] - There were no major litigation or arbitration matters reported during the period[140] Employee Relations - The company has implemented an employee stock incentive plan since May 2015, with shares granted at prices significantly lower than market value, indicating a strategy to enhance employee retention and motivation[143] - The employee stock options have a lock-up period of 5 years, with a gradual release of 20% per year, aligning employee interests with long-term company performance[143]

Financial Performance - Operating revenue for the reporting period increased by 43.36% to CNY 520,101,051.86, with a year-to-date increase of 56.94% to CNY 1,663,847,039.98[8] - Net profit attributable to shareholders decreased by 49.18% to CNY 11,185,683.56 for the reporting period, with a year-to-date decrease of 44.92% to CNY 47,478,010.32[8] - The company’s basic earnings per share decreased by 49.27% to CNY 0.0312 for the reporting period[8] - The weighted average return on equity was 0.90%, a decrease of 0.99% compared to the previous year[8] - The company expects a net loss for 2018, estimating a loss between 393.5 million and 693.47 million yuan, compared to a net profit of 118.99 million yuan in 2017[26] - The company anticipates significant financial expenses due to the acquisition of Jiazhilian, which may lead to a decrease in consolidated profits[27] - The company may not be able to accurately estimate the performance range for 2018 due to the aforementioned reasons[30] Cash Flow and Assets - Total assets at the end of the reporting period decreased by 4.82% to CNY 3,025,843,945.62 compared to the end of the previous year[8] - The net cash flow from operating activities increased by 119.87% to CNY 147,887,032.90 for the reporting period, with a year-to-date increase of 83.32% to CNY 180,305,612.78[8] - Deferred tax assets increased by 51.36%, mainly due to the deductible losses recognized by the subsidiary Jiazhilian[7] - Prepayments increased by 47.22%, primarily due to increased prepayments from certain customers for zipper orders[9] Business Segments - The zipper business generated revenue of CNY 1.14 billion, a year-on-year increase of 7.55%, while the cross-border e-commerce business generated CNY 524 million, a year-on-year increase of 20.97%[16] - Operating revenue increased by 56.94%, primarily due to the consolidation of the subsidiary Jiazhilian's data and growth in zipper business sales[11] - Cash received from sales of goods and services increased by 85.21%, mainly due to the consolidation of the subsidiary Jiazhilian's data and increased sales collections in the zipper business[21] Expenses - Sales expenses increased by 289.49%, mainly due to the consolidation of the subsidiary Jiazhilian's data[13] - Research and development expenses increased by 60.37%, attributed to increased investment in R&D for the subsidiary Jiazhilian and zipper business[15] - Financial expenses increased by 478.47%, primarily due to new acquisition loans and the consolidation of the subsidiary Jiazhilian's data[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 31,119[12] Goodwill and Impairment - The company may need to recognize goodwill impairment of 450 million to 748.46 million yuan by the end of 2018 due to expected losses from Jiazhilian[29] - The company will hire a qualified intermediary to evaluate the asset group of the price chain and conduct goodwill impairment testing by the end of the year[30] Compliance and Management - There were no violations regarding external guarantees during the reporting period[32] - There were no non-operating fund occupations by controlling shareholders or their related parties during the reporting period[33] - The company engaged in entrusted financial management with a total amount of 7,398.93 million yuan from idle self-owned funds[35] - There were no overdue amounts or expected inability to recover principal in entrusted financial management[35] - The company did not conduct any research, communication, or interview activities during the reporting period[35]

Financial Performance - The company's operating revenue for the first half of 2018 was RMB 1,143,745,988.12, representing a 64.01% increase compared to RMB 697,379,250.72 in the same period last year[17]. - The net profit attributable to shareholders of the listed company decreased by 43.47% to RMB 36,292,326.76 from RMB 64,194,455.34 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was RMB 34,310,481.05, down 47.73% from RMB 65,643,364.84 in the previous year[17]. - The basic earnings per share dropped by 43.45% to RMB 0.1014 from RMB 0.1793 in the same period last year[17]. - The company reported a net loss of 19.08 million yuan for the first half of 2018, a significant decline of 209.63% year-on-year[54]. - The total comprehensive income for the current period was ¥28,535,051.61, compared to ¥64,177,145.28 in the previous period, a decrease of 55.6%[164]. - The company reported a decrease in comprehensive income of CNY 40,755.76 during the current period, compared to an increase in the previous period[175]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 3,131,149,080.74, a decrease of 1.51% from RMB 3,179,150,037.11 at the end of the previous year[17]. - The total liabilities decreased to CNY 1,740,057,122.75 from CNY 1,794,285,919.09, indicating a reduction of approximately 3.0%[155]. - Cash and cash equivalents at the end of the reporting period were 138,674,149.00, constituting 4.43% of total assets, a decrease of 0.86% compared to the previous year[69]. - Accounts receivable stood at 441,476,351.50, making up 14.10% of total assets, down by 9.73% year-on-year[69]. - Inventory increased to 694,772,724.63, representing 22.19% of total assets, up by 5.90% from the previous year[69]. - Short-term borrowings rose to 579,461,371.33, accounting for 18.51% of total assets, an increase of 12.69% due to new loans from acquisitions[69]. Cash Flow - The company reported a net cash flow from operating activities of RMB 32,418,579.89, an increase of 4.26% compared to RMB 31,095,343.09 in the previous year[17]. - The company's cash flow from financing activities increased significantly by 643.49% to ¥14,203,478.88, driven by bank loans for the acquisition[61]. - The net cash flow from financing activities was CNY 56,527,768.81, compared to CNY 12,538,267.30 in the previous period, reflecting improved financing conditions[174]. Business Operations - The company continues to focus on the research, production, and sales of zippers and related products, maintaining its business model without significant changes during the reporting period[24]. - The company is a leading player in the domestic zipper industry, recognized as a national high-tech enterprise and a key unit for the formulation of national zipper standards[27]. - The company has established five major production bases in Fujian, Shanghai, Tianjin, Chengdu, and Dongguan, making it the largest zipper manufacturer in China with the most diverse product range[27]. - The company is transitioning from low-end to mid-to-high-end zipper products, enhancing its competitiveness against international giants like YKK[30]. - The company has developed a comprehensive cross-border e-commerce service platform, serving nearly 50,000 paid e-commerce stores globally[28]. Marketing and Sales - The company is actively expanding its marketing network, with direct sales and agency offices in various regions, supporting a "national layout, global penetration" strategy[38]. - The cross-border e-commerce subsidiary, Jiazhi Chain, generated sales revenue of 381 million yuan, a year-on-year increase of 70.53%[54]. - Online sales revenue through third-party platforms amounted to ¥35,561.72 million, a 91.00% increase year-on-year, accounting for 100.00% of the brand's e-commerce trade sales[60]. Research and Development - The company holds a total of 622 patents related to zipper technology, indicating a strong research and development capability[35]. - The company’s R&D investment was ¥29,720,980.06, reflecting a slight increase of 1.98% compared to the previous year[61]. - The company has significantly increased its patent application volume compared to the same period last year, particularly in utility model applications[90]. Risks and Challenges - The company faces risks from macroeconomic downturns, international trade frictions, and rising production costs, which could impact performance[81]. - The company acknowledges the risk of regulatory conflicts in cross-border e-commerce due to differing logistics and tax systems between countries, which could impact normal business operations[84]. - Currency exchange rate fluctuations present risks, particularly with the potential for RMB appreciation against major currencies, impacting export pricing and profit margins[87]. Environmental Compliance - The company emphasizes strict adherence to environmental laws and regulations, promoting clean production and continuous improvement in environmental protection efforts[121]. - Significant investments have been made in upgrading and modernizing environmental protection facilities to ensure compliance with legal standards[121]. - The company has established a dedicated environmental protection department to oversee compliance and management of environmental standards[122]. Shareholder Information - The total number of shares is 358 million, with 48 million shares (13.41%) subject to trading restrictions[135]. - The largest shareholder, Tianjin Huizefeng Enterprise Management Co., Ltd., holds 25.00% of shares, totaling 89,500,000 shares, which are pledged[138]. - The company has not distributed cash dividends or bonus shares for the half-year period[96].

Financial Performance - The company's revenue for Q1 2018 was CNY 534,214,883.89, representing a 119.83% increase compared to CNY 243,009,028.28 in the same period last year[8] - The net profit attributable to shareholders decreased by 57.12% to CNY 3,295,559.72 from CNY 7,685,520.08 year-on-year[8] - The net profit after deducting non-recurring gains and losses dropped by 96.83% to CNY 235,618.03 compared to CNY 7,438,206.74 in the previous year[8] - The net cash flow from operating activities was CNY 3,931,837.76, down 38.91% from CNY 6,435,856.98 in the same period last year[8] - The basic earnings per share decreased by 50.00% to CNY 0.010 from CNY 0.020 year-on-year[8] - The diluted earnings per share also fell by 50.00% to CNY 0.010 compared to CNY 0.020 in the previous year[8] - The weighted average return on net assets decreased to 0.27% from 0.68% year-on-year, a decline of 0.41%[8] - The net profit attributable to shareholders for the first half of 2018 is expected to be between ¥32.82 million and ¥65.64 million, representing a change of -50.00% to 0.00% compared to the same period in 2017[18] Asset and Shareholder Information - The total assets at the end of the reporting period increased by 3.68% to CNY 3,296,061,527.54 from CNY 3,179,150,037.11 at the end of the previous year[8] - The company had a total of 19,324 common shareholders at the end of the reporting period[11] Operational Changes and Costs - Operating revenue increased by 119.83%, primarily due to the consolidation of revenue from the acquisition of the price chain[18] - Operating costs rose by 83.45%, mainly attributed to the costs associated with the price chain acquisition[18] - Operating expenses surged by 487.14%, largely due to expenses from the price chain acquisition[18] - Financial expenses increased significantly by 1154.23%, primarily due to new acquisition loans and financial costs from the price chain[18] Changes in Accounts - Accounts receivable decreased by 32.58%, as some receivables matured[18] - Prepaid accounts increased by 264.15%, mainly due to increased advance payments for procurement and logistics[18] - Accounts payable rose by 324.25%, reflecting an increase in the amount of bills issued for payment[18] Strategic Decisions - The company is planning a major asset restructuring, intending to transfer all assets and rights related to the zipper business to Fujian Xunxing Group Co., Ltd. or its designated third party[15] - The company acquired a 65% stake in Shenzhen Price Chain Cross-Border E-Commerce Co., leading to significant financial impacts[19] Government Support - The company reported a substantial increase in government subsidies, with operating income from other sources rising by 408.05% compared to the previous year[18]

Financial Performance - The company's operating revenue for 2017 was approximately CNY 1.86 billion, representing a 58.22% increase compared to CNY 1.18 billion in 2016[22]. - The net profit attributable to shareholders for 2017 was CNY 118.99 million, a slight increase of 0.42% from CNY 118.50 million in 2016[22]. - The net profit after deducting non-recurring gains and losses was CNY 119.64 million, which is an 8.24% increase from CNY 110.54 million in 2016[22]. - The basic and diluted earnings per share for 2017 remained stable at CNY 0.33, unchanged from 2016[22]. - The company's total assets increased by 117.46% year-on-year, reaching ¥3,179,150,037.11 at the end of 2017[23]. - The company achieved a weighted average return on equity of 10.15% for 2017, slightly down from 10.94% in 2016[23]. - The net profit attributable to shareholders for Q4 2017 was ¥32,790,382.75, with a total annual net profit of ¥118,993,445.82[27]. - The company reported a total operating revenue of CNY 1.86 billion in 2017, with the zipper business contributing CNY 1.42 billion (76.59%) and the cross-border e-commerce business contributing CNY 435.41 million (23.41%)[62]. Cash Flow and Investments - The net cash flow from operating activities decreased by 36.83% to CNY 102.89 million from CNY 162.88 million in 2016[22]. - The company reported a significant increase in investment activity cash inflow by 2,511.82% to ¥78,169,827.14[79]. - The net cash flow from operating activities decreased by 36.83%, primarily due to a net cash outflow of 213.35 million yuan from the acquisition of the subsidiary, Zhi Lian[80]. - The net cash flow from investing activities decreased by 586.64%, mainly due to payments for the acquisition of equity in Zhi Lian[80]. - The net cash flow from financing activities increased by 615.24%, primarily due to new acquisition loans for the purchase of Zhi Lian's equity[80]. - The total investment amount for the reporting period was 1,013,990,000 yuan, representing a 100% increase compared to the previous year[83]. Business Strategy and Market Focus - The company plans to focus on the cross-border e-commerce industry, having acquired 65% of Shenzhen Jiazhi Chain Cross-border E-commerce Co., Ltd. in September 2017[20]. - The cross-border e-commerce sector in China reached a transaction scale of ¥7.6 trillion in 2017, growing by 20.63% year-on-year, providing a favorable market environment for the company[33]. - The company is focused on product innovation and design, launching hundreds of new products annually to meet customer demands[38]. - The company plans to continue leveraging big data for product selection and optimization in new product procurement[54]. - The company plans to enhance its core competitiveness by focusing on cross-border e-commerce and expanding into B2B business[91]. - The company aims to optimize supply chain management efficiency and improve operational capital management through continuous enhancements in product development and logistics[93]. Risks and Challenges - The company faces risks from the continuous appreciation of the RMB, which could erode profits, as approximately 18.52% of sales revenue comes from exports[8]. - The company reported a foreign exchange loss of CNY 4.38 million for the year 2017 due to currency fluctuations[8]. - The company is monitoring the impact of U.S.-China trade tensions, with 11 products from its subsidiary potentially affected by proposed tariffs[9]. - The company faces risks from intensified industry competition, which could lead to price wars and reduced profit margins[96]. Research and Development - The company has a total of 532 patents, including 163 invention patents, indicating a strong innovation capability[36]. - Research and development investment rose by 76.81% to ¥59,114,209.85, accounting for 3.18% of operating revenue[76]. - The number of R&D personnel increased by 25.22% to 288, representing 5.08% of the total workforce[76]. - The company is investing 50 million RMB in R&D for innovative zipper technologies aimed at improving product durability and functionality[111]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of HKD 0.20 per share for the 2017 fiscal year, totaling HKD 7.16 million, pending shareholder approval[102]. - In 2017, the company distributed a cash dividend of CNY 7,160,000, which represents 6.02% of the net profit attributable to ordinary shareholders of CNY 118,993,445.82[103]. - The cash dividend for 2016 was CNY 28,640,000, accounting for 24.17% of the net profit attributable to ordinary shareholders of CNY 118,495,872.16[103]. - The cash dividend accounted for 100% of the total profit distribution for the year, despite the company being in a growth phase with significant capital expenditure plans[104]. Corporate Governance and Management - The company has a diverse board with members holding various professional backgrounds, including finance, law, and management, which may enhance strategic decision-making[190]. - The company has maintained a stable executive team, with most members having long tenures, which may provide continuity in leadership and strategy[189]. - The company is focusing on maintaining a strong governance structure with experienced board members[200]. - The company is committed to transparency in its compensation practices for board members[200]. Environmental Management - The company has established an environmental management department to ensure compliance with environmental regulations and improve environmental protection measures[158]. - The company has upgraded its pollution control facilities and continuously invests in new equipment and technologies to enhance pollution management[160]. - The company has not encountered any major environmental issues during the reporting period[159]. Employee and Community Engagement - The company is committed to improving its employee compensation system and talent development to mitigate the risk of losing key personnel[97]. - The company plans to prioritize hiring employees and graduates from impoverished areas and will participate in regional education poverty alleviation initiatives[154]. - The company aims to assist impoverished families by funding students' education and providing vocational training to improve employment skills and family income[155].

证券代码：002098 证券简称：浔兴股份 公告编号：2017-072 福建浔兴拉链科技股份有限公司 2017 年第三季度报告正文 二零一七年十月 1 福建浔兴拉链科技股份有限公司 2017 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 福建浔兴拉链科技股份有限公司 2017 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。 公司负责人王立军、主管会计工作负责人张健群及会计机构负责人(会计主 管人员)柯元场声明：保证季度报告中财务报表的真实、准确、完整。 2 福建浔兴拉链科技股份有限公司 2017 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） | 3,250,437,647.73 | 1,461,968,011.47 ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 697,379,250.72, representing a 25.87% increase compared to CNY 554,046,769.62 in the same period last year[18]. - The net profit attributable to shareholders was CNY 64,194,455.34, a slight increase of 2.03% from CNY 62,919,295.96 year-on-year[18]. - The net cash flow from operating activities decreased by 36.39% to CNY 31,095,343.09, down from CNY 48,884,197.78 in the previous year[18]. - Total operating revenue for the current period reached ¥697,379,250.72, representing a year-on-year increase of 25.87% from ¥554,046,769.62[42]. - The company expects net profit attributable to shareholders for the period from January to September 2017 to range between ¥6,908.74 million and ¥10,363.1 million, reflecting a potential change of -20.00% to 20.00% compared to ¥8,635.92 million in the same period of 2016[55]. - The company reported a gross profit margin of approximately 30.0%, down from the previous year's margin, indicating rising costs impacting profitability[129]. - The net profit for the current period was ¥42,841,954.80, slightly down by 0.7% from ¥43,130,864.75 in the previous period[133]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 1,631,413,295.26, an increase of 11.59% from CNY 1,461,968,011.47 at the end of the previous year[18]. - The total liabilities of the company were CNY 465,936,785.06, compared to CNY 332,028,646.55 at the beginning of the period, marking an increase of about 40.3%[122]. - The company's total assets increased to CNY 1,461,074,734.11, compared to CNY 1,304,838,042.24 at the end of the previous period, reflecting a growth of 12.0%[126]. - Accounts receivable increased to ¥388,812,663.20, representing 23.83% of total assets, up 4.94% from the previous year[46]. - The total equity attributable to the owners of the parent company was CNY 1,165,476,510.20, up from CNY 1,129,939,364.92, showing an increase of about 3.1%[122]. Cash Flow - The cash flow from operating activities generated a net amount of ¥31,095,343.09, a decrease of 36.4% compared to ¥48,884,197.78 in the previous period[136]. - The total cash inflow from operating activities was ¥591,583,171.62, up from ¥486,868,680.37 in the previous period[136]. - The cash flow from financing activities showed a net inflow of ¥1,910,368.98, a significant improvement from a net outflow of ¥90,114,909.20 in the previous period[137]. - The net cash flow from investment activities was -28,799,719.78 CNY, a decrease from -37,814,897.42 CNY in the previous period, indicating improved cash management[140]. Business Operations - The main business remains focused on the research, production, and sales of zippers and related components, with a strong market presence in over 70 countries[26]. - The company continues to be recognized as a leading brand in the zipper industry, maintaining the highest production and sales volume among domestic manufacturers[26]. - The company operates five major production bases in China and has established a marketing network that covers over 70 countries and regions[29]. - The company has implemented an automated equipment upgrade to improve production efficiency and reduce labor costs[35]. - The company has established a comprehensive quality management network to enhance product quality and customer satisfaction[34]. Research and Development - The company filed 43 patent applications during the reporting period, bringing the total authorized patents to 471, including 145 invention patents[36]. - Research and development investment increased by 58.99% to CNY 22.76 million, reflecting a commitment to innovation[41]. - The company plans to accelerate transformation and upgrade efforts, enhance technology research and development, and expand market reach to improve customer satisfaction and core competitiveness[57]. Shareholder Information - The company’s total shares amount to 358,000,000, with 86.59% being unrestricted shares[97]. - The company’s major shareholder, Xiamen Shiwei Hongyuan Equity Investment Management Partnership, has pledged 15,300,000 shares to Changcheng Guorui Securities Co., Ltd.[90]. - The total number of common shareholders at the end of the reporting period is 30,647[102]. - The company’s stock was suspended from trading on April 24, 2017, due to a major asset restructuring plan[90]. Environmental and Regulatory Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[86]. - The total annual COD discharge is 87.05 tons, with a maximum allowable concentration of 80 mg/L[86]. - The company has implemented measures to control pollutant emissions, including wastewater, waste gas, noise, and solid waste[88]. - An environmental management system has been established, with regular inspections conducted by senior management[88]. Corporate Governance - The financial report for the first half of 2017 was not audited[117]. - The company experienced significant changes in its board of directors, with multiple resignations and new appointments on February 10, 2017[112]. - There were no major lawsuits or arbitration matters during the reporting period[66]. Accounting Policies - The company adheres to the Chinese Accounting Standards, ensuring that its financial reports accurately reflect its financial position, operating results, and cash flows[158]. - The company recognizes goodwill in business combinations when the acquisition cost exceeds the fair value of identifiable net assets acquired[162]. - The company employs a perpetual inventory system and uses the weighted average method for inventory valuation[186].

Financial Performance - The company's revenue for Q1 2017 was CNY 243,009,028.28, representing a 24.81% increase compared to CNY 194,701,760.84 in the same period last year[8] - Net profit attributable to shareholders was CNY 7,685,520.08, up 28.47% from CNY 5,982,258.10 year-on-year[8] - The net profit after deducting non-recurring gains and losses was CNY 7,438,206.74, reflecting a 33.89% increase from CNY 5,555,489.67 in the previous year[8] - The net profit attributable to shareholders for the first half of 2017 is expected to range from 53.48 million to 72.36 million RMB, reflecting a decrease of 15.00% to an increase of 15.00% compared to the same period in 2016[17] - The net profit for the first half of 2016 was 62.92 million RMB, indicating a significant performance pressure due to industry economic conditions[17] Cash Flow - The net cash flow from operating activities decreased by 63.79% to CNY 6,435,856.98, down from CNY 17,771,726.02 in the same period last year[8] - The net cash flow from financing activities increased by CNY 48,345,400, a 98.08% increase, primarily due to reduced repayments of bank loans and interest payments[15] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,475,885,714.63, a 0.95% increase from CNY 1,461,968,011.47 at the end of the previous year[8] - The net assets attributable to shareholders increased by 0.68% to CNY 1,137,613,421.72 from CNY 1,129,939,364.92 at the end of the last year[8] - Prepaid accounts increased by CNY 16,778,100, representing an 82.87% increase, mainly due to higher material prepayments and rent for the Shanghai branch[15] Return on Investment - The weighted average return on net assets was 0.68%, up from 0.57% in the previous year[8] Management and Strategy - The company reported no significant changes in shareholder commitments or overdue commitments during the reporting period[16] - The company is actively adjusting its customer structure and has reported good order conditions while enhancing internal management to improve efficiency[17]