CHEJIANG SOUTHEAST SPACE FRAME COMPANY LIMITED | --- | --- | --- | |-------|-------|-------| | | | | | | | | 浙江东南网架股份有限公司 2019 年年度报告全文 浙江东南网架股份有限公司 2019 年年度报告 2020 年 03 月 2 浙江东南网架股份有限公司 2019 年年度报告全文 公积金转增股本。 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：保证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。 本报告所涉及的未来计划等前瞻性陈述可能受宏观经济环境、市场环境等 因素的影响而存在一定的不确定性，不构成公司对投资者的实质性承诺，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。 公司面临宏观经济周期和政策变化的 ...

| --- | --- | --- | --- | |-------|-------|---------------------------|-------| | | | | | | | | | | | | | 20 | 19 | | | | 年 度 报 告 ANNUAL REPORT | | cninf www.cninfo.com.cn 浙江东南网架股份有限公司 2019 年年度报告全文 浙江东南网架股份有限公司 2019 年年度报告 2020 年 03 月 2 浙江东南网架股份有限公司 2019 年年度报告全文 积金转增股本。 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：保证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。 本报告所涉及的未来计划等前瞻性陈述可能受宏观经济环境、市场环境等 因素的影响而存在一定的不确定性，不构成公司对投资者的实质性承诺 ...

浙江东南网架股份有限公司 2019 年第三季度报告全文 浙江东南网架股份有限公司 2019 年第三季度报告 2019 年 10 月 1 浙江东南网架股份有限公司 2019 年第三季度报告全文 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江东南网架股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | --- | |--------|-----------------------------------------------------|-------------------|-------------------------|----------------- ...

浙江东南网架股份有限公司 2019 年半年度报告全文 浙江东南网架股份有限公司 Zhejiang Southeast Space Frame Co., Ltd. 二〇一九年半年度报告 证券代码：002135 证券简称：东南网架 披露日期：2019 年 08 月 1 浙江东南网架股份有限公司 2019 年半年度报告全文 公司在本报告"第四节经营情况讨论与分析"中"九、公司面临的风险和 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：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。 应对措施"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请投 资者注意相关内容。 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 浙江东南网架股份有限公司 2019 年半年度报告全文 目录 | --- | |----------------------- ...

浙江东南网架股份有限公司 2019 年第一季度报告全文 浙江东南网架股份有限公司 2019 年第一季度报告 2019 年 04 月 1 浙江东南网架股份有限公司 2019 年第一季度报告全文 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江东南网架股份有限公司 2019 年第一季度报告全文 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 | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------|-------|------------------------|------------------- ...

浙江东南网架股份有限公司 2018 年年度报告全文 浙江东南网架股份有限公司 Zhejiang Southeast Space Frame Co., Ltd. 二〇一八年年度报告 | --- | --- | |------------|---------------------| | | | | 证券代码： | 002135 | | | 证券简称：东南网架 | | 披露日期： | 2019 年 03 月 | 1 浙江东南网架股份有限公司 2018 年年度报告全文 积金转增股本。 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。 公司负责人徐春祥、主管会计工作负责人徐佳玮及会计机构负责人(会计主 管人员)胡古松声明：保证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。 本报告所涉及的未来计划等前瞻性陈述可能受宏观经济环境、市场环境等 因素的影响而存在一定的不确定性，不构成公司对投资者的实质性承诺，投资 者及相关人士均应对此保持足够的风险认识，并且应 ...

Financial Performance - Net profit attributable to shareholders increased by 43.55% to CNY 24,005,462.67 for the reporting period[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 68.16% to CNY 21,937,367.20 for the reporting period[8] - Net profit increased by 77.49% to 155,177,853.11, attributed to improved profitability[16] - Total profit grew by 73.66% to 173,698,441.61, indicating strong operational performance[16] - The net profit attributable to shareholders for 2018 is expected to increase by 60.00% to 100.00%, ranging from CNY 165.73 million to CNY 207.17 million[25] - The net profit for 2017 was CNY 103.58 million, indicating a significant growth trajectory for the company[25] Revenue and Earnings - Operating revenue for the reporting period rose by 2.20% to CNY 2,161,661,923.07, while year-to-date revenue increased by 14.97% to CNY 6,177,581,519.38[8] - Basic earnings per share remained at CNY 0.02, while diluted earnings per share also stayed at CNY 0.02[8] Assets and Liabilities - Total assets increased by 4.16% to CNY 10,504,621,810.52 compared to the end of the previous year[8] - Inventory increased by 31.84% to 3,700,508,258.46 due to higher procurement during the period[16] - Long-term borrowings decreased by 100% to 0.00 as they were reclassified to current liabilities[16] - Other current assets increased by 68.70% to 174,336,961.74, mainly due to an increase in input VAT[16] - Prepayments increased by 81.62% to 460,347,278.90, reflecting higher advance payments for projects[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 44,189[12] - Zhejiang Southeast Network Frame Group Co., Ltd. held 30.41% of the shares, amounting to 314,515,000 shares, with 238,875,000 shares pledged[12] Cash Flow - The net cash flow from operating activities decreased by 54.48% to CNY 75,767,533.90[8] - Cash flow from operating activities decreased by 117.22% to -43,823,286.27, primarily due to higher payments[17] - Cash and cash equivalents decreased by 103.06% to -38,090,354.30, largely due to last year's capital increase[17] Research and Development - Research and development expenses rose by 44.39% to 318,515,551.39, reflecting increased investment in R&D[16] Minority Interest - Minority interest profit rose by 165.96% to 5,464,875.29, driven by better performance of subsidiaries[16] Market Expansion - The increase in profitability is attributed to the company's active market expansion and the improved profitability of its wholly-owned subsidiary, Southeast New Materials (Hangzhou) Co., Ltd., benefiting from the polyester industry's favorable conditions[25]

Financial Performance - Net profit attributable to shareholders was ¥24,005,462.67, representing a significant increase of 43.55% year-on-year[8]. - Operating revenue for the reporting period was ¥2,161,661,923.07, reflecting a growth of 2.20% compared to the same period last year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,937,367.20, up 68.16% year-on-year[8]. - Net profit increased by 77.49% to CNY 155,177,853.11, attributed to improved profitability[16]. - Total profit grew by 73.66% to CNY 173,698,441.61, indicating strong operational performance[16]. - The company's net profit attributable to shareholders for Q3 2018 was CNY 803,497,014.45, compared to CNY 666,196,863.03 in the previous year, indicating a growth of about 20.6%[35]. - The net profit for the third quarter was CNY 25,568,942.66, representing a 52.2% increase from CNY 16,836,456.15 in the previous year[42]. - The total profit for the third quarter was CNY 29,942,090.46, up from CNY 20,744,725.08, marking an increase of 44.0% year-over-year[42]. - The total comprehensive income for the third quarter was CNY 25,568,942.66, compared to CNY 16,836,456.15 in the same period last year, reflecting strong overall performance[43]. - The total comprehensive income for the current period was ¥155,177,853.11, compared to ¥87,430,461.28 in the previous period, marking an increase of 77.5%[51]. Revenue and Costs - Total operating revenue for Q3 2018 was CNY 2,161,661,923.07, an increase from CNY 2,115,091,347.45 in the same period last year, representing a growth of approximately 2.2%[41]. - Total operating costs for Q3 2018 amounted to CNY 2,134,390,213.75, compared to CNY 2,098,691,693.04 in Q3 2017, indicating an increase of about 1.7%[41]. - The total operating costs for the year-to-date period were CNY 6,016,573,747.51, an increase from CNY 5,289,136,816.36, indicating rising operational expenses[48]. - The company’s total revenue for the year-to-date period reached CNY 6,177,581,519.38, up from CNY 5,373,430,104.11, showing robust growth[48]. Cash Flow - The net cash flow from operating activities was ¥75,767,533.90, a decrease of 54.48% compared to the previous year[8]. - Cash inflow from operating activities totaled ¥6,952,809,883.18, an increase of 24.7% from ¥5,572,401,228.70 in the previous period[56]. - The net cash flow from operating activities was -43,823,286.27 CNY, a decrease from 254,476,609.39 CNY in the previous period, indicating a significant decline in operational performance[58]. - Total cash outflow from operating activities reached 6,996,633,169.45 CNY, compared to 5,317,924,619.31 CNY in the same period last year, reflecting a 31.5% increase[58]. - The cash inflow from operating activities was 2,777,619,284.28 CNY, an increase from 2,249,301,117.02 CNY in the same period last year, showing a growth of 23.4%[62]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥10,504,621,810.52, an increase of 4.16% compared to the previous year[8]. - The company's total assets as of the end of Q3 2018 were CNY 10,504,621,810.52, compared to CNY 10,084,674,947.13 at the beginning of the year, showing an increase of about 4.2%[35]. - The total liabilities at the end of Q3 2018 were CNY 6,434,587,789.60, up from CNY 6,167,212,952.92 at the start of the year, representing an increase of approximately 4.3%[35]. - The company reported a total current assets of CNY 8.34 billion at the end of the reporting period, an increase from CNY 7.92 billion at the beginning of the period[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 44,189[12]. - Zhejiang Southeast Space Frame Group Co., Ltd. held 30.41% of the shares, with 314,515,000 shares pledged[12]. - The company has committed to not transferring subscribed shares for 36 months following the private placement, ensuring stability in shareholding[23]. Research and Development - Research and development expenses rose by 44.39% to CNY 318,515,551.39, reflecting increased investment in R&D[16]. - Research and development expenses for the quarter were CNY 117,991,454.44, up from CNY 82,408,458.15 in the previous year, reflecting a significant increase of approximately 43.3%[41]. - Research and development expenses rose significantly to ¥133,005,721.05, up 102% from ¥65,638,766.45 in the previous period[53]. Financial Management - The company reported a financial expense of -¥10,112,750.42, a decrease from ¥16,439,582.09 in the previous period, indicating improved financial management[53]. - There were no violations regarding external guarantees during the reporting period, indicating sound financial management[26]. - The company has not engaged in any entrusted financial management activities, maintaining a conservative approach to investments[28].

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 4,015,919,596.31, representing a 23.25% increase compared to CNY 3,258,338,756.66 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached CNY 125,707,515.15, an increase of 83.11% from CNY 68,653,191.09 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 116,996,028.49, which is a 101.25% increase compared to CNY 58,135,412.78 in the same period last year[18]. - The basic earnings per share increased by 50.00% to CNY 0.12 from CNY 0.08 in the previous year[18]. - The operating profit increased significantly by 95.22% to ¥139,622,123.33 from ¥71,521,046.30 in the previous year, indicating improved profitability[68]. - The company reported a total profit of CNY 143,756,351.15 for the first half of 2018, compared to CNY 79,276,584.46 in the previous year, an increase of about 81.3%[179]. - The company reported a significant increase in sales from the South China region, which grew by 173.78% to ¥287,506,907.45, compared to ¥105,014,900.02 in the previous year[70]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 9,979,866,150.42, a decrease of 1.04% from CNY 10,084,674,947.13 at the end of the previous year[18]. - The total liabilities decreased from CNY 6,167,212,952.92 to CNY 5,945,208,072.16, a decrease of about 3.59%[170]. - Owner's equity increased from CNY 3,917,461,994.21 to CNY 4,034,658,078.26, an increase of approximately 2.88%[171]. - The company's cash and cash equivalents decreased to ¥1,172,943,598.83 from ¥1,482,396,897.72, representing a decline of approximately 20.9%[168]. - Accounts receivable increased to ¥2,514,337,081.60 from ¥3,028,550,863.49, indicating a decrease of about 17%[168]. - Inventory rose significantly to ¥3,349,896,562.98 from ¥2,806,889,733.03, reflecting an increase of approximately 19.4%[168]. Cash Flow - The net cash flow from operating activities was negative at CNY -119,590,820.17, a decline of 235.87% compared to CNY 88,017,208.84 in the same period last year[18]. - The company generated cash flow from operating activities amounting to CNY 4,161,096,252.97, compared to CNY 3,373,469,752.34 in the previous year[186]. - Cash outflow from operating activities increased to 4,619,032,060.34 CNY from 3,571,710,761.81 CNY, marking a rise of about 29.3%[187]. - The ending balance of cash and cash equivalents was 785,831,696.52 CNY, a decrease from 1,145,868,614.56 CNY at the beginning of the period[189]. Business Operations - The company undertook two general contracting projects in the first half of 2018, including the United Nations Geographic Information Exhibition Hall project worth 380 million CNY and the East China Normal University Taizhou School PPP project worth 480 million CNY[28]. - The company aims to increase its market share in the prefabricated building sector, which is supported by national policies promoting industrialization in construction[35]. - The company is actively participating in the "Belt and Road" initiative to expand its international market presence and influence[36]. - The company is transitioning from a specialized subcontractor to a general contractor in construction, which is expected to enhance its business model and profitability[40]. Research and Development - The company has applied for 18 patents in the first half of 2018, including 6 invention patents, enhancing its technological capabilities and market influence[48]. - Research and development expenses rose by 45.12% to ¥200,524,096.95, primarily due to increased investment in R&D activities[68]. - The company has established several innovation platforms, including a national-level enterprise technology center and a post-doctoral research workstation, fostering collaboration with universities and research institutions[47]. Risks and Challenges - The company faces risks related to macroeconomic cycles, policy changes, and fluctuations in raw material prices[5]. - The company is exposed to risks from significant fluctuations in raw material prices, particularly steel, which could impact its cost structure and profit margins[102]. - The company has a large amount of accounts receivable, which poses a risk of bad debts if collection efforts are ineffective or if clients face financial difficulties[103]. Shareholder Information - The total number of shares is 1,034,402,200, with 35.16% being restricted shares[147]. - The largest shareholder, Zhejiang Southeast Network Frame Group Co., Ltd., holds 30.41% of the shares, with 96,875,000 shares under restriction[152]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[110]. Environmental Compliance - The company has implemented effective pollution control measures, ensuring all pollutants are within the regulatory limits[140]. - The company has established environmental impact assessments for all new, modified, or expanded projects, which have been approved by local environmental authorities[140]. - The company strictly adheres to national and local environmental laws, conducting annual environmental monitoring and reporting on pollutants such as wastewater and air emissions[142].

Financial Performance - The company's revenue for Q1 2018 was ¥1,503,288,637.21, a decrease of 1.82% compared to ¥1,531,103,664.79 in the same period last year[8] - Net profit attributable to shareholders increased by 65.40% to ¥53,637,756.40 from ¥32,429,953.74 year-on-year[8] - The net profit after deducting non-recurring gains and losses was ¥47,977,808.12, up 59.61% from ¥30,059,643.51 in the previous year[8] - Basic and diluted earnings per share increased by 25.00% to ¥0.05 from ¥0.04 year-on-year[8] - Net profit increased by 74.85% to ¥56,644,218.14, attributed to improved profitability[16] - Operating profit grew by 72.82% to ¥66,468,832.25, reflecting strong operational performance[16] - The company’s net profit attributable to shareholders increased by 65.40% to ¥53,637,756.40, driven by enhanced profitability[16] - The net profit attributable to shareholders for the first half of 2018 is expected to increase by 60.00% to 100.00%, ranging from CNY 109.85 million to CNY 137.31 million, compared to CNY 68.65 million in the same period of 2017[27] Cash Flow and Assets - The net cash flow from operating activities was negative at -¥147,641,672.29, a decline of 187.20% compared to ¥169,307,692.32 in the same period last year[8] - Cash flow from operating activities turned negative at -¥147,641,672.29, a decrease of 187.20% due to higher payments[17] - Total assets at the end of the reporting period were ¥9,962,963,933.84, down 1.21% from ¥10,084,674,947.13 at the end of the previous year[8] - Net assets attributable to shareholders increased by 1.38% to ¥3,935,004,882.77 from ¥3,881,367,126.37 at the end of the previous year[8] - Accounts receivable increased by 77.09% to ¥368,910,630.63 due to a higher volume of received notes[16] - Other current assets rose by 60.28% to ¥165,633,373.27 primarily due to an increase in input VAT credits[16] Business Operations - The company reported a significant increase in operating income by 543.22% to ¥4,018,936.75, indicating higher non-operating revenue[16] - The company plans to increase registered capital for the PPP project by ¥101,200,000, with an additional investment of ¥21,960,400 from the company[19] - The company signed a cooperation agreement with Tibet Kuntai Construction Co., Ltd. for a total resource usage fee of ¥39,800,000[22] - The company intends to issue short-term financing bonds up to ¥2 billion to optimize financing structure and support business development[20] - The company's steel structure business has shown steady growth, with enhanced profitability[28] - The full-owned subsidiary, Southeast New Materials (Hangzhou) Co., Ltd., has improved its profitability due to further optimization of its product structure[28] Compliance and Governance - There were no violations regarding external guarantees during the reporting period[29] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period[30] - The company did not engage in any research, communication, or interview activities during the reporting period[31] - The company has committed to not transferring subscribed shares for 36 months following the non-public issuance of shares[26] - The company has ensured compliance with relevant regulations regarding shareholding and management personnel's share reduction[26] - The actual controller, Guo Mingming, has committed to avoiding any business competition with the company[25] - The company has not reported any breaches of commitments made to minority shareholders during the reporting period[26]