江苏新民纺织科技股份有限公司 2014 年第三季度报告正文 证券代码：002127 证券简称：*ST 新民 公告编号：2014-059 江苏新民纺织科技股份有限公司 2014 年第三季度报告正文 1 江苏新民纺织科技股份有限公司 2014 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。 公司负责人杨斌、主管会计工作负责人朱奇伟及会计机构负责人(会计主管人员)叶峰声明：保证季度 报告中财务报表的真实、准确、完整。 2 江苏新民纺织科技股份有限公司 2014 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,024,525,292.79 | | 2,844 ...

江苏新民纺织科技股份有限公司 2014 年半年度报告全文 江苏新民纺织科技股份有限公司 2014 年 08 月 1 江苏新民纺织科技股份有限公司 2014 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报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人杨斌、主管会计工作负责人朱奇伟及会计机构负责人(会计主管 人员)叶峰声明：保证本半年度报告中财务报告的真实、准确、完整。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | 2 | | --- | --- | --- | | 第二节 | 公司简介 | 5 | | 第三节 | 会计数据和财务指标摘要 | 7 | | 第四节 | 董事会报告 | 9 | | 第五节 | 重要事项 | 18 | | 第六节 | 股份变动及股东情况 | 27 | | 第七节 | 优先股相关情况 | 30 | | 第八节 | 董事、监事、高级管理人员情况 ...

Financial Performance - The company's operating revenue for Q1 2014 was ¥503,009,948.43, a decrease of 38.62% compared to ¥819,518,998.28 in the same period last year[8]. - The net profit attributable to shareholders was -¥98,738,196.20, representing a decline of 124.23% from -¥44,034,924.05 year-on-year[8]. - The basic and diluted earnings per share were both -¥0.22, a decrease of 120% from -¥0.1 in the same period last year[8]. - Total revenue decreased by 38.62% year-on-year, amounting to 316.51 million RMB, primarily due to a decline in market prices and sales volume of chemical fiber products[18]. - Net profit attributable to shareholders decreased by 124.23% year-on-year, amounting to 54.70 million RMB, primarily due to a decrease in total profit[20]. - Basic earnings per share decreased by 120.00% year-on-year, amounting to 0.12 RMB per share, reflecting the decline in net profit attributable to shareholders[20]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥665,389.76, a significant increase of 101.49% compared to -¥44,678,004.76 in the previous year[8]. - Cash and cash equivalents decreased by 31.24% from the beginning of the year, amounting to 131.91 million RMB, mainly due to reduced sales receipts and increased guarantee deposits[18]. - Accounts receivable increased by 45.24% from the beginning of the year, amounting to 42.55 million RMB, due to an increase in bank acceptance bills used for collateral[18]. - Cash flow from investment activities increased by 117.47% year-on-year, amounting to 1.24 million CNY, mainly due to increased interest income[21]. - Cash outflow from financing activities increased by 104.50% year-on-year, amounting to 258.05 million CNY, primarily due to increased bank loan repayments[21]. - Net cash and cash equivalents decreased by 186.14% year-on-year, amounting to 285.04 million CNY, mainly due to increased bank loan repayments[21]. Operating Costs and Expenses - Operating costs decreased by 39.18% year-on-year, amounting to 313.47 million RMB, attributed to lower raw material costs and sales volume[18]. - Management expenses increased by 60.17% year-on-year, amounting to 15.75 million RMB, due to increased costs from equipment maintenance and production line adjustments[19]. - Financial expenses increased by 370.79% year-on-year, amounting to 33.95 million RMB, primarily due to exchange losses from yen-denominated equipment loans[19]. - Non-operating income and expenses included a loss of -¥6,411,245.78 due to foreign exchange losses related to equipment loans[10]. Shareholder and Corporate Governance - The total number of shareholders at the end of the reporting period and the shareholding status of the top ten shareholders were reported[12]. - The company has committed to not transferring its indirectly held shares in Xinmin Technology for twelve months following the completion of the share transfer[25]. - The company guarantees the independence of the listed company's assets, personnel, finances, and operations[27]. - The actual controller of the company has pledged to not engage in any competing business through controlled entities[27]. - The company will ensure equal rights and obligations among all shareholders, avoiding any undue advantage from its controlling position[27]. Future Outlook - The company expects to incur a loss in operating performance for the first half of 2014, with a projected net profit attributable to shareholders of -124.39 million CNY for the same period in 2013[30]. - The textile industry is anticipated to experience a weak peak season in Q2 2014, with limited recovery in terminal demand and industry prosperity[30]. - The price of FDY polyester filament, a key product, is expected to remain weak due to fluctuations in raw material PTA prices, impacting the willingness of downstream weaving factories to replenish inventory[30]. - The company anticipates continued operating losses in Q2 2014 due to the aforementioned market conditions[30].

Financial Performance - The company reported consecutive years of negative net profit for 2012 and 2013, raising significant delisting risk as per Shenzhen Stock Exchange regulations[13]. - The company's total revenue for 2013 was CNY 4,134,808,021.59, representing a year-on-year increase of 21.23%[27]. - The net profit attributable to shareholders of the listed company was a loss of CNY 520,714,991.83, a decrease of 191.21% compared to the previous year[27]. - The net cash flow from operating activities was CNY 608,590,487.65, a significant increase of 901.06% year-on-year[27]. - Total assets at the end of 2013 were CNY 2,844,771,032.59, down 29.94% from the previous year[27]. - The net assets attributable to shareholders of the listed company decreased to CNY 441,127,439.25, a decline of 53.72% compared to the end of 2012[27]. - The company reported a gross loss of CNY 54,113,700.00 in operating profit, a decrease of 174.29% year-on-year[32]. - The total profit loss for the year was CNY 53,636,110.00, a decrease of 180.63% compared to the previous year[32]. - The basic and diluted earnings per share were both CNY -1.17, reflecting a decrease of 192.5% from the previous year[27]. - The weighted average return on net assets was -75.07%, a decline of 58.01% compared to the previous year[27]. Market Conditions - The domestic polyester filament industry continued to face a downturn in 2013, with increased production capacity leading to price declines and greater losses[15]. - In 2013, the company's revenue was negatively impacted by a decline in average selling prices, with chemical fiber yarn and slice prices dropping by 7.65% and 3.71% respectively, while raw material prices fell less significantly[37]. - The textile market remained sluggish, but the company successfully differentiated its products, particularly in the human silk series, which gained market favor[41]. - The company is facing challenges such as rising production costs and the appreciation of the RMB, which are impacting export competitiveness[103]. - The company anticipates that the textile industry may see a turning point in 2013 due to the release of new PTA capacity, which could stabilize raw material prices[103]. Operational Strategies - The company plans to enhance technology research and internal management to mitigate risks associated with cyclical fluctuations in the chemical fiber industry[18]. - The company is focusing on developing differentiated and functional chemical fiber production as encouraged by national policies[18]. - The company emphasized management innovation throughout 2013, enhancing its operational efficiency and financial management practices[42]. - The company plans to enhance management efficiency and execution through improved planning and scientific management practices[88]. - The company aims to enhance the quality of its products and strengthen internal management within the Xinmin Dyeing subsidiary[86]. - The company will continue to leverage its weaving segment's advantages and focus on differentiated, personalized, and refined product positioning to expand the influence of the Xinmin Weaving brand[87]. Research and Development - R&D expenditures amounted to 5.00 million RMB, with significant investments in synthetic fiber and dyeing technology projects, enhancing the company's innovation capabilities[39]. - The company is investing 50 million yuan in R&D for innovative textile technologies over the next two years[138]. Shareholder Relations - No cash dividends or stock bonuses will be distributed to shareholders for the reporting period[5]. - The company has revised its profit distribution policy to ensure transparency and protect minority shareholders' rights, but did not distribute dividends for 2012 and 2013 due to losses[90][94]. - The company is committed to enhancing its core business and leveraging its advantages in the chemical fiber sector to strengthen its market position[103]. Environmental and Social Responsibility - The company has implemented a zero discharge policy for wastewater, with all treated wastewater being reused, and has passed environmental audits[101]. - The company donated CNY 200,000 to the Wujiang Charity Foundation and raised CNY 65,262 for the Wujiang Party Member Care Fund to support low-income families[100]. - The company was recognized as a "Four-Star Energy Efficiency Star" by the Suzhou Municipal Government for the 2013-2015 period, indicating strong commitment to energy conservation[99]. Governance and Compliance - The company maintains independence from its controlling shareholder, ensuring no fund occupation or guarantees provided to the controlling shareholder[163]. - The governance structure has been improved to comply with regulatory requirements, with a focus on enhancing internal control systems[161]. - The company has established specialized committees within the board to facilitate efficient decision-making[165]. - The company has implemented a system for managing insider information, with no reported violations during the reporting period[170]. Financial Management - The company has established an independent financial department and accounting system, ensuring no interference from the controlling shareholder in financial management[185]. - The audit report issued by Huapu Tianjian Accounting Firm confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2013[196]. - The company’s financial statements were prepared in accordance with accounting standards, providing a true and fair view of its financial results for the year 2013[200].