证券代码：002108 证券简称：沧州明珠 沧州明珠塑料股份有限公司 投资者关系活动记录表 编号：【2017】007 | --- | --- | --- | |----------------|-----------------------------|---------------------------------------------| | | | | | 投资者关系活动 | | 特定对象调研 □分析师会议 | | 类别 | □ | 媒体采访 □业绩说明会 | | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | | 上海申银万国证券研究所有限公司 宋涛、沈衡 | | 人员姓名 | | 山东嘉信私募基金管理有限公司 卢军飞、类延国 | | | | 上海京笙投资管理有限公司 陈馨颖 | | | | 深圳前海行健资本管理有限公司 苏英男 | | | | 北京源乐晟资产管理有限公司 石天卓 | | | 信达证券股份有限公司 冯庆 | | | | | 交银康联人寿保险有限公司 王耀永 | | | 中泰证券股份有限公 ...

证券代码：002108 证券简称：沧州明珠 沧州明珠塑料股份有限公司 投资者关系活动记录表 编号：【2017】008 | --- | --- | --- | --- | --- | --- | |----------------|----------------------------------|-------|------------------------------------|-------|-------| | | | | | | | | 投资者关系活动 | 特定对象调研 □分析师会议 | | | | | | 类别 | □ 媒体采访 □业绩说明会 | | | | | | | □新闻发布会 □路演活动 | | | | | | | □ 现场参观 | | | | | | | □ | | 其他 （请文字说明其他活动内容） | | | | 参与单位名称及 | 方正富邦基金管理有限公司 方伟宁 | | | | | | 人员姓名 | 国寿安保基金管理有限公司 姜绍政 | | | | | | | 东吴证券股份有限公司 阮巧燕 | | | | | | | 亚太财产保险有限公司 叶秉金 | | | | | | | 国 ...

证券代码：002108 证券简称：沧州明珠 沧州明珠塑料股份有限公司 投资者关系活动记录表 编号：【2017】006 | --- | --- | --- | |----------------|---------------------------|--------------------------------------------------------------| | | | | | 投资者关系活动 | | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | 参与单位名称及 | 方正证券股份有限公司 何茜 | | | 人员姓名 | | Indus Capital Partners,LLC Cindy Chi | | 时间 | 2017 年 7 月 17 | 日上午 10：00 | | 地点 | 公司五楼会议室 | | | 上市公司接待 | | 董事会秘书李繁联、证券事务主管梁芳 | | 人员姓名 | | | | 投资者关系活动 | 1 | 、 ...

Production Capacity - Current wet diaphragm production capacity is 120 million square meters [2] - Expected wet diaphragm production capacity by the end of 2018 is 190 million square meters [3] - Current dry diaphragm production capacity is 50 million square meters, with an additional 50 million square meters expected to be operational by the end of 2018 [3] Market Trends - The price of diaphragms is expected to continue declining, impacting gross margins [3] - The gross margin for wet diaphragms in the first three quarters is approximately 30% [4] Customer Base - Major customer for dry diaphragms is BYD, accounting for slightly over 50% of sales [4] - BOPA film products are primarily supplied to color printing factories [5] Product Features - BOPA film has strong barrier properties, high-temperature resistance, and good puncture resistance, making it suitable for food preservation [5] - Approximately 50% of wet diaphragms undergo ceramic coating based on customer demand [4] Strategic Development - The company aims to strengthen its core businesses in PE pipes and BOPA films while striving for industry leadership in lithium battery diaphragms [6] - Future expansion may include related industries, with a focus on maintaining market demand driven by infrastructure development [6] Seasonal Trends - Pipe products typically experience a seasonal downturn in the first quarter due to weather conditions affecting construction [6]

Group 1: Product Overview - The company has three main products, with PE pipes and BOPA films contributing significantly to revenue [2][3] - The production capacity for dry and wet membranes is 100 million square meters and 190 million square meters, respectively [3] - In 2018, the production volume was approximately 84 million square meters for dry membranes and 90 million square meters for wet membranes [3] Group 2: Pricing and Profitability - The average price for dry membranes in 2018 was 1.5 RMB/square meter, while wet membranes were priced at 1.9 RMB/square meter, excluding tax [3] - The average gross margin for dry membranes was over 30% last year, but production costs remain high [4] - The company aims to improve profitability by enhancing process technology and controlling costs [4][5] Group 3: Sales Performance - In Q1, sales were affected by unclear subsidy policies and inventory adjustments, with dry membrane sales at approximately 14 million square meters and wet membrane sales at 16 million square meters [4] - The company operates on an order-based production model [4] Group 4: Clientele and Market Outlook - Major clients include large domestic battery manufacturers such as BYD, Mengguli, and AVIC Lithium Battery [4] - The management is optimistic about the future of the new energy sector, anticipating continued demand for lithium batteries [4][5] Group 5: Expansion and Market Demand - Currently, there are no plans for further expansion [5] - The pipeline products are primarily used in gas and water supply, with stable market demand driven by urbanization and policies promoting "coal-to-gas" initiatives [5] Group 6: Financial Performance - Despite stable revenue in Q1, profits declined significantly due to decreased sales volumes of membrane products and increased sales and financial expenses [6]

Group 1: Financial Performance - The main reason for the decline in Q1 performance is the drop in prices of film and diaphragm products, while the profit margin for pipeline products remains stable [2] - The company expects Q2 performance to improve compared to Q1 due to seasonal demand increases for pipeline products and normalization of diaphragm sales [5] Group 2: Product Pricing and Capacity - The price of film products has increased but remains below the levels of the previous two years [3] - The company anticipates pipeline production and sales to reach 160,000 tons this year [3] - New capacity of 15,000 tons for pipeline products has been added in Wuhu, with production bases in Cangzhou, Wuhu, and Chongqing to address transportation issues [3] Group 3: Market Dynamics and Competition - The market demand for BOPA products has been strong, contributing to price increases [4] - The company has no current plans for expanding film product capacity, which stands at 28,500 tons with actual sales around 33,000 tons [4] - The annual target for diaphragm production and sales is set at 260 million square meters, with approximately 130 million square meters for both dry and wet methods [4] Group 4: Customer Relationships and Collaborations - The largest customer remains BYD, with other major domestic manufacturers also receiving supplies [4] - Collaboration with CATL has progressed to product trials and is currently in the process of product introduction [5] Group 5: Risk Management - The major shareholder, Dongsu Group, is taking measures to mitigate risks associated with share pledges, including timely margin additions and maintaining share stability [5]

沧州明珠塑料股份有限公司 2022 年第三季度报告 证券代码：002108 证券简称：沧州明珠 公告编号：2022-087 沧州明珠塑料股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 1 沧州明珠塑料股份有限公司 2022 年第三季度报告 一、主要财务数据 （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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|---------- ...

沧州明珠塑料股份有限公司 2022 年半年度报告全文 沧州明珠塑料股份有限公司 2022 年半年度报告 2022 年 8 月 1 沧州明珠塑料股份有限公司 2022 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别 和连带的法律责任。 公司负责人陈宏伟、主管会计工作负责人胡庆亮及会计机构负责人(会计 主管人员)张彬声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中所涉及的未来计划等前瞻性描述，不代表公司盈利预测，不构成 公司对投资者的实质承诺，投资者及相关人士均应对此保持足够的风险认识， 并且应当理解计划、预测与承诺之间的差异，请投资者注意投资风险。 公司重大风险提示详见本报告"第三节管理层讨论与分析"之"十、公司 面临的风险和应对措施"描述，敬请广大投资者注意阅读。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 会州明珠 沧州明珠塑料股份有限公司 2022 年半年度报告全文 目录 | --- | --- | ...

Financial Performance - The company's operating revenue for 2021 was CNY 2,889,213,209.29, an increase of 4.59% compared to CNY 2,762,479,245.04 in 2020[18]. - The net profit attributable to shareholders in 2021 was CNY 365,966,108.96, representing a growth of 21.61% from CNY 300,945,260.98 in 2020[18]. - The net cash flow from operating activities increased by 85.42% to CNY 497,677,275.42 in 2021, up from CNY 268,408,527.31 in 2020[18]. - The total assets at the end of 2021 reached CNY 5,513,096,491.95, an increase of 11.48% from CNY 4,945,176,828.56 at the end of 2020[18]. - The basic earnings per share for 2021 was CNY 0.2581, a rise of 21.63% compared to CNY 0.2122 in 2020[18]. - The company reported a net profit of CNY 110,437,856.18 in Q1 2021, with total revenue of CNY 589,901,747.82 for the same quarter[23]. - In Q4 2021, the company achieved a net profit of CNY 23,202,523.33, with revenue of CNY 785,233,170.63[23]. - The company achieved total operating revenue of CNY 288,921.32 million, an increase of 4.59% compared to the same period last year[59]. - The net profit attributable to the parent company was CNY 36,596.61 million, representing a growth of 21.61% year-on-year[60]. Dividend Distribution - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares to all shareholders, based on a total of 1,417,924,199 shares[6]. - The company distributed a cash dividend of 0.50 yuan per 10 shares, totaling 70,896,209.95 yuan, which accounted for 100% of the profit distribution amount[182]. - As of December 31, 2021, the company's available profit for distribution was 1,572,961,227.05 yuan, after accounting for the net profit of 353,049,162.88 yuan and the legal surplus reserve of 35,304,916.29 yuan[184]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and forecasts, indicating potential adverse impacts on strategic goals[6]. - The company has a comprehensive risk management strategy in place to address potential challenges in achieving future development objectives[6]. - The company aims to improve its risk management by enhancing accounts receivable management and increasing awareness of market competition to ensure healthy cash flow[126]. - The company recognizes the risk of intensified market competition and plans to leverage its scale, quality, technology, and brand to maintain market share[130]. Market Expansion and Product Development - The company is focused on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[14]. - The report outlines the company's strategic direction, including potential mergers and acquisitions to bolster its competitive position[14]. - The company is actively pursuing technological advancements in its product lines, particularly in lithium-ion battery separators, which are critical for performance[14]. - The company plans to increase the production capacity of BOPA films by 38,000 tons at two new projects in Wuhu and Cangzhou, funded by a non-public stock issuance raising up to 137.515 million yuan[33]. - The company is expanding its wet lithium-ion battery separator production capacity by 4 million square meters to address capacity constraints and enhance market competitiveness[35]. - The company aims to strengthen its market position in the PE gas pipeline sector, which is supported by national policies promoting clean energy and infrastructure development[30]. - The company is focusing on rural water supply projects, aiming for a nationwide tap water coverage rate of 85% by the end of 2022, which presents a significant market opportunity[31]. - The company is committed to enhancing product quality and service in the PE gas pipeline market to increase market share and brand recognition[30]. - The company is focused on upgrading existing products and researching new products to maintain operational vitality and competitive differentiation[126]. Research and Development - The company has established a strong team of 35 technical personnel dedicated to continuous technology development and production process optimization[42]. - The company is focused on continuous R&D, with a structured approach to product development and patent protection to enhance its competitive edge[39]. - The company has developed high-strength and high-transparent BOPA films, enhancing product competitiveness[86]. - The company is advancing research on high-performance polyolefin-based diaphragms to meet market demands for safety and performance[85]. - The company has successfully improved the thermal shrinkage indicators of 16μm separators, leading to a significant reduction in product downgrade rates[83]. - The company has developed a new high-smoothness BOPA film, enhancing its competitiveness in the market[85]. - The company has proposed to continue hiring Zhongxi Accounting Firm as the auditor for the 2021 fiscal year[169]. Corporate Governance - The company emphasizes its commitment to corporate governance, ensuring compliance with all regulatory requirements and maintaining transparency with shareholders[138]. - The company has established a comprehensive employee performance evaluation and incentive mechanism to enhance management motivation and attract talent[143]. - The board consists of three independent directors, accounting for one-third of the total board members, ensuring compliance with legal and regulatory requirements[139]. - The company maintains independence from its controlling shareholders in business, personnel, assets, institutions, and finance, ensuring autonomous operations[142]. - The company has a financial department with dedicated personnel, ensuring independent financial decision-making and compliance with accounting regulations[143]. - The company has established a robust governance structure, with a focus on transparency and accountability in its operations[155]. Environmental Compliance - The company reported a total emission of 8,423.2 kg of dichloromethane, with a concentration of 49.1 mg/m³, which is below the standard limit of 100 mg/m³[197]. - The company achieved a total emission of 2,418.1 kg of hydrogen chloride, with a concentration of 18.2 mg/m³, complying with the standard limit of 30 mg/m³[197]. - The company has implemented measures to control emissions and has no instances of exceeding the established limits for various pollutants[197]. - The company is classified as a key pollutant discharge unit by the environmental protection department, indicating its commitment to environmental compliance[197]. - The company has established pollution prevention facilities that are operating normally, including wastewater treatment and air pollution control systems[199]. Employee Management - The company has established a training partnership with educational institutions to enhance employee skills through various training formats[176]. - The total number of employees at the end of the reporting period was 2,088, with 834 in the parent company and 1,254 in major subsidiaries[173]. - The company has a competitive salary policy, linking total salary growth to economic performance and average income growth to labor productivity[174]. - The training program aims to enhance the skills of executives, middle management, technical staff, and operational personnel, focusing on decision-making, management capabilities, and technical innovation[175]. Strategic Acquisitions - The company is pursuing strategic acquisitions to bolster its product portfolio and expand into new geographic markets[44]. - A strategic acquisition of a local competitor was announced, which is expected to enhance production capacity by 30% and reduce operational costs by 10%[135]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and expand its product offerings[156].

沧州明珠塑料股份有限公司 2022 年第一季度报告全文 1 证券代码：002108 证券简称：沧州明珠 公告编号：2022-019 沧州明珠塑料股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | | 本报告期 | 上年同期 ...