Financial Performance - The company's operating revenue for 2017 was CNY 4,063,850,376.07, representing a 23.70% increase compared to CNY 3,285,369,251.10 in 2016[21] - The net profit attributable to shareholders for 2017 was CNY 170,629,521.38, an increase of 8.91% from CNY 156,667,792.08 in 2016[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 156,588,413.13, reflecting a 15.07% increase from CNY 136,076,463.31 in 2016[21] - The basic earnings per share for 2017 was CNY 0.236, up 4.42% from CNY 0.226 in 2016[21] - The weighted average return on net assets for 2017 was 5.24%, slightly down from 5.31% in 2016[21] - The total profit reached 175.5 million yuan, completing 68.0% of the annual plan, while net profit was 170.63 million yuan, an increase of 8.91% compared to the previous year[39] - The company achieved a consolidated revenue of 4.064 billion yuan in 2017, completing 101.6% of the annual plan and representing a year-on-year growth of 23.7%[39] - The company reported a net profit from continuing operations of RMB 170,274,326.16 for 2017, an increase from RMB 156,101,223.32 in 2016, reflecting a growth of approximately 7.4%[106] Cash Flow and Dividends - The net cash flow from operating activities for 2017 was negative CNY 253,219,805.77, an improvement of 40.14% compared to negative CNY 423,008,843.07 in 2016[21] - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares to all shareholders, based on a total of 724,269,941 shares[7] - The cash dividend payout ratio for 2017 was 42.45% of the net profit attributable to shareholders, compared to 46.23% in 2016 and 12.24% in 2015[100] - The company will distribute cash dividends of 1.00 RMB per share, totaling 72.43 million RMB, based on the total share capital of 724,269,941 shares[94] Business Expansion and Strategy - The company has expanded its business into the pharmaceutical sector through the acquisition of Langmai Co., which is expected to reduce reliance on the aluminum processing business[6] - The company has a strategic focus on the automotive aftermarket, indicating a potential market expansion in this area[84] - The company aims to shift its pricing strategy from "per ton" to "per kilogram" and eventually to "per unit" to maximize product value for users[84] - The company is expanding its clean business into hospitals, food, and electronics sectors, focusing on both horizontal and vertical integration[86] - The company is actively seeking opportunities in the healthcare service sector while enhancing its project management processes to improve bid success rates[87] Operational Efficiency and Production - The company improved its comprehensive yield rate by 3.8 percentage points and reduced average production costs by 85 yuan per ton compared to the previous year[42] - The company’s production volume increased by 48.63% to 139,900 tons in the industrial segment, driven by increased domestic customer demand[52] - The company has completed the construction of two RTO environmental protection facilities and a three-dimensional warehouse for alloy products, which are now in operation[43] - The company has transitioned its pricing strategy from "per ton" to "per kilogram" and then to "per unit," enhancing product gross margins[31] Research and Development - The company’s R&D investment in 2017 was CNY 136,826,565.81, an increase of 24.95% compared to the previous year, representing 3.37% of the operating revenue[58] - The number of R&D personnel increased to 269, which is 20.63% of the total workforce, up from 15.78% in 2016[59] - The company applied for 12 new patents in 2017, while obtaining 10 new authorized patents[58] Risks and Challenges - The company faces risks related to the cyclical nature of the aluminum processing industry, which is sensitive to macroeconomic changes[4] - Rising labor costs in developed regions of China pose a challenge, necessitating improvements in mechanization and product value[7] Shareholder and Governance - The company has established a comprehensive corporate governance structure to protect the rights of shareholders and creditors, ensuring fair and transparent information disclosure[134] - The company has a clear and compliant cash dividend policy, ensuring the protection of minority shareholders' rights[95] - Jiangsu Chang Aluminum's shareholders will not engage in any related party transactions that could harm the company's interests during their shareholding period[103] Employee and Management - The total number of employees in the company is 1,461, with 456 in the parent company and 837 in major subsidiaries[179] - The company has a diverse management team with backgrounds in engineering, finance, and business administration[171][172][173][174][175] - The company has implemented a training program with various courses, including project management and financial accounting, attended by multiple employees[182] Legal and Compliance - The company has not experienced any significant accounting errors requiring restatement during the reporting period[107] - The company has maintained its accounting firm, Lixin Certified Public Accountants, for 14 consecutive years, ensuring consistency in financial reporting[110] - The company has no instances of unauthorized external guarantees during the reporting period[128]

Financial Performance - Operating revenue for the period reached CNY 1,006,606,603.37, a 34.13% increase year-on-year[8] - Net profit attributable to shareholders rose by 41.92% to CNY 45,856,396.34 for the period[8] - The net profit after deducting non-recurring gains and losses increased by 32.50% to CNY 43,082,196.45[8] - As of September 30, 2017, the operating revenue increased by 40.03%, up by 82,281 million, primarily due to increased production and sales scale[25] - The net profit attributable to shareholders for 2017 is expected to range from 140 million to 170 million, representing a change of -10.64% to 8.51% compared to the previous year[44] Assets and Liabilities - Total assets increased by 9.10% to CNY 6,222,527,170.66 compared to the end of the previous year[8] - Short-term borrowings increased by 58.9%, amounting to CNY 691,200,000 due to additional borrowings during the period[20] - Long-term equity investments grew by 390.92%, increasing by CNY 78,250,000 due to investments in Suzhou Youshi and Suzhou Aorui[19] - Prepaid accounts increased by 111.46%, rising by CNY 59,320,000 primarily due to advance payments for aluminum liquid[17] - Other current assets increased by 31.17%, up by CNY 26,220,000, attributed to increased financial products and tax credits[18] - Construction in progress rose by 62.36%, increasing by CNY 49,310,000 due to new equipment projects[19] - As of September 30, 2017, the prepayments increased by 102.55%, up by 40,220 million, mainly due to advance payments for unfinished projects[21] - As of September 30, 2017, the tax payable decreased by 72.36%, down by 27,760 million, primarily due to the payment of annual income tax[22] - As of September 30, 2017, the long-term payables decreased by 80.1%, down by 42,220 million, mainly due to the reclassification of financing leases[24] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -181,237,055.75, a 32.72% decrease compared to the previous year[8] - As of September 30, 2017, the cash received from sales of goods and services increased by 39.47%, up by 81,217 million, attributed to increased production and sales volume[30] - As of September 30, 2017, the cash paid for purchasing goods and services increased by 48.16%, up by 102,037 million, mainly due to increased production and material purchases[32] Investment and Future Plans - The company plans to continue expanding its aluminum processing capacity and improve cost control measures to mitigate operational pressures[44] - The total initial investment cost for futures was $6,283,957, with a purchase amount during the reporting period of $11,665,785.16 and a sale amount of $17,650,292[46] - The cumulative investment income reached $5,086,250, resulting in a final amount of $12,268,464[46] Compliance and Communication - There were no instances of non-compliance with external guarantees during the reporting period[47] - The company did not experience any non-operational fund occupation by controlling shareholders or related parties[48] - The company engaged in multiple investor communications, including site visits and inquiries about aluminum applications in electric vehicles and Tesla[50]

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 1,871,882,933.26, representing a 43.42% increase compared to CNY 1,305,219,357.21 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2017 was CNY 64,671,882.73, a 69.02% increase from CNY 38,263,598.23 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 55,856,130.26, which is a 136.25% increase compared to CNY 23,643,111.07 in the same period last year[20]. - The basic earnings per share for the first half of 2017 was CNY 0.0893, up 56.67% from CNY 0.057 in the previous year[20]. - The company's consolidated revenue for the first half of 2017 was CNY 1.872 billion, an increase of 43.42% compared to the previous year[35]. - Net profit for the same period reached CNY 64.26 million, reflecting a growth of 69.02% year-on-year[35]. - The total comprehensive income for the first half of 2017 was CNY 99,336,690.16, compared to CNY 46,984,367.53 in the previous year[135]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 6,115,295,190.91, an increase of 7.22% from CNY 5,703,616,053.81 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were CNY 3,176,971,929.48, showing a slight decrease of 0.27% from CNY 3,185,604,656.89 at the end of the previous year[20]. - The company's total liabilities reached CNY 2,939,043,155.88, up from CNY 2,518,316,149.11, which is an increase of about 16.7%[124]. - The total equity attributable to shareholders decreased slightly to CNY 3,176,971,929.48 from CNY 3,185,604,656.89, a decline of approximately 0.9%[124]. Cash Flow - The net cash flow from operating activities was negative CNY 313,444,827.32, which is a decline of 223.91% compared to negative CNY 96,767,951.43 in the same period last year[20]. - The company's cash flow from operating activities showed a significant decline of 223.91%, primarily due to increased inventory and new customer expansion[38]. - The cash flow from investing activities resulted in a net outflow of CNY 119,472,125.48, compared to a net outflow of CNY 232,763,261.20 in the previous year[138]. - The cash flow from financing activities generated a net inflow of CNY 514,882,496.29, an increase from CNY 426,506,823.34 in the same period last year[139]. Business Expansion and Strategy - The company plans to continue expanding production and sales, focusing on new product development, particularly in battery materials and alloy products[36]. - The company has expanded its business into the healthcare sector through the acquisition of Langmai Co., which may enhance its overall risk resilience[6]. - The company aims to complete the technical transformation project at the Baotou factory by the next Spring Festival, enhancing production capacity[36]. - The company plans to enhance its main business gross margin and added value through continuous technological innovation and product upgrades to counteract negative policy impacts[66]. Risks and Challenges - The company faces risks related to the cyclical nature of the aluminum processing industry, which is sensitive to macroeconomic changes[4]. - The aluminum processing industry is highly cyclical, with fluctuations in aluminum prices impacting production and profitability; the company employs hedging through derivatives and inventory management to mitigate risks[65]. - The company is actively monitoring and managing risks associated with macroeconomic policies affecting both the aluminum processing and healthcare sectors[65]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[7]. - The company has committed to several investment projects, with a total promised investment of ¥111,168.3 million, of which ¥110,733 million has been raised[53]. - The company will ensure that no direct or indirect competition occurs with Shandong Xinhuiyuan during the period of holding more than 5% of the shares[75]. - The company has performance compensation commitments related to net profit targets of 68.3 million, 78.6 million, and 87.9 million yuan for the years 2014, 2015, and 2016 respectively[72]. Corporate Governance and Compliance - The company did not sell any major assets or equity during the reporting period[60][61]. - The company will strictly adhere to laws and regulations regarding related party transactions and avoid any illegal occupation of funds and assets during the shareholding period[75]. - The company reported no violations in the management of raised funds during the first half of 2017[52]. - There were no significant litigation or arbitration matters during the reporting period[78]. Accounting and Financial Reporting - The financial report for the first half of the year was not audited[119]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements reflect the true financial condition and operating results[167]. - The company's accounting policies and estimates have not changed during the reporting period[166]. - The company recognizes the fair value of remaining equity investments upon losing control, with the difference between the consideration received and the fair value recognized as investment income for the period[178].

Financial Performance - The company's operating revenue for 2016 was CNY 3,285,369,251.10, representing a 29.46% increase compared to CNY 2,537,757,244.85 in 2015[21] - The net profit attributable to shareholders for 2016 was CNY 156,667,792.08, up 32.30% from CNY 118,418,826.57 in the previous year[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 136,076,463.31, reflecting a 21.82% increase from CNY 111,706,456.86 in 2015[21] - The basic earnings per share for 2016 was CNY 0.226, a 13.00% increase from CNY 0.200 in 2015[21] - The company's consolidated revenue for 2016 reached CNY 3.285 billion, achieving 109.5% of the annual target and representing a year-on-year growth of 29.4%[38] - The net profit attributable to shareholders for Q4 2016 was CNY 80.14 million, with a total annual net profit of CNY 156.65 million, reflecting a significant increase compared to the previous year[26] - The company achieved a 62.3% increase in total profit, amounting to CNY 213 million for the year[38] - The company reported a net cash flow from operating activities of -¥423,008,843.07 in 2016, a decrease of 302.74% from the previous year[65] Assets and Liabilities - The total assets at the end of 2016 amounted to CNY 5,703,616,053.81, which is a 21.05% increase from CNY 4,711,704,104.50 at the end of 2015[21] - The company's total assets at the end of 2016 were ¥5,706,000,000, with cash and cash equivalents increasing to ¥459,922,724.63, representing 8.06% of total assets[69] - The accounts receivable increased by 35.03% year-on-year, attributed to the growth in sales scale[32] - The inventory grew by 39.16% compared to the previous year, driven by increased production scale[32] Business Expansion and Strategy - The company has expanded its business into the pharmaceutical sector through the acquisition of Langmai Co., which is expected to reduce reliance on the aluminum processing business[7] - The company secured new contracts worth CNY 800 million in 2016, marking a 23% increase year-on-year[38] - The company plans to gradually establish a comprehensive orthopedic medical device sector through acquisitions and partnerships[92] - The company will focus on expanding its clean business into hospitals, food, and electronics sectors while enhancing its overall project capabilities[92] Research and Development - The company invested nearly 25 million yuan in R&D throughout the year, focusing on technology upgrades and new product development[43] - Research and development investment amounted to ¥109,505,446.55, up 20.67% year-on-year, with 267 R&D personnel, an increase of 50%[63] - Six new patents were granted to the company in 2016, enhancing its competitive edge in technology[35] Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, based on a total of 724,269,941 shares[8] - The cash dividend for 2016 was set at ¥1.00 per 10 shares, totaling ¥72,426,994.10, which represents 100% of the distributable profit[102] - The cash dividend payout ratio increased from 12.24% in 2015 to 46.23% in 2016, reflecting a significant rise in shareholder returns[101] - The company has committed to distributing profits in cash amounting to no less than 30% of the average distributable profit over the last three years for the period from 2015 to 2017[110] Risks and Challenges - The company faces risks related to macroeconomic fluctuations and policy changes that could impact its operational performance and profitability[6][7] - The cash flow from operating activities showed a negative net amount of CNY -189.69 million in Q4 2016, indicating challenges in cash generation[26] Future Projections - The company aims to achieve a revenue of 4 billion RMB in 2017, representing a year-on-year growth of 21%[93] - The total production and sales volume of the aluminum processing industry is projected to reach 185,000 tons, marking a 21% increase year-on-year[93] - The clean pharmaceutical industry is expected to sign new engineering contracts worth 970 million RMB, reflecting a year-on-year growth of 12.4%[93] Corporate Governance - The company has strict compliance with performance commitments related to net profit for the years 2014 to 2016, ensuring accountability in financial performance[106] - The company has established measures to avoid competition with related enterprises during the shareholding period, ensuring strategic alignment[107] - The company has not reported any violations in the management of raised funds during the 2016 fiscal year[81] Employee Development - The company plans to enhance professional and management skills through targeted training programs in 2017[194] - Training initiatives include safety management, ERP training, and production planning, aimed at improving operational efficiency[195] - The company emphasizes internal training for skill enhancement, with a focus on cross-departmental collaboration[194] Social Responsibility - The company has actively participated in social responsibility initiatives, contributing to local economic development and disaster relief efforts[143] - The company has not published a social responsibility report, indicating a potential area for improvement in transparency[143]

Financial Performance - The company's operating revenue for Q1 2017 was ¥857,170,404, representing a 46.95% increase compared to ¥583,318,829 in the same period last year[7]. - Net profit attributable to shareholders for Q1 2017 reached ¥22,131,170.97, a significant increase of 310.91% from ¥5,385,955.85 in the previous year[7]. - The net profit after deducting non-recurring gains and losses was ¥16,144,523.27, up 235.42% from ¥4,813,188.07 year-on-year[7]. - The basic earnings per share for Q1 2017 was ¥0.0302, reflecting a 277.50% increase from ¥0.0080 in the same quarter last year[7]. - The net profit attributable to the parent company for Shandong Xinyuan in 2014, 2015, and 2016 was not less than 23 million, 26 million, and 28 million respectively[21]. - The net profit attributable to shareholders for the first half of 2017 is expected to be between 55 million and 60 million yuan, representing a year-on-year increase of 43.74% to 56.81% compared to 38.26 million yuan in the same period of 2016[24]. - The increase in profit is attributed to the full production of the Baotou company's entire line, which provides raw material security and expands the production and sales scale, improving production efficiency[24]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,047,584,050.07, which is a 6.03% increase from ¥5,703,616,053.81 at the end of the previous year[7]. - The total current assets at the end of the reporting period amounted to approximately 2.91 billion yuan, an increase from 2.57 billion yuan at the beginning of the period[33]. - The total liabilities at the end of the reporting period were approximately 2.84 billion yuan, up from 2.52 billion yuan at the beginning of the period[35]. - Short-term borrowings increased significantly to approximately 1.50 billion yuan from 1.17 billion yuan, indicating a rise in financial leverage[35]. - The company's total liabilities rose to CNY 1,862,997,158.14, compared to CNY 1,772,309,754.05 at the beginning of the year, indicating an increase of about 5.1%[39]. Cash Flow - The net cash flow from operating activities was negative at -¥170,259,458.04, worsening by 94.61% compared to -¥87,489,165.79 in the previous year[7]. - Cash received from sales of goods and services increased by 35.03%, growing by 214.74 million CNY, due to higher production and sales volumes[15]. - Cash inflow from operating activities totaled ¥910,255,374.91, compared to ¥679,898,410.06 in the previous period, marking an increase of about 33.9%[50]. - The company reported a cash outflow from investing activities of ¥119,806,864.78, compared to ¥40,614,138.32 in the previous period, indicating a significant increase in investment expenditures[51]. - Financing activities generated a net cash inflow of ¥295,077,176.04, compared to ¥101,291,599.57 in the previous period, showing an increase of approximately 191.5%[51]. - The company reported a net increase in cash and cash equivalents of 23,254,475.19, contrasting with a decrease of 12,863,959.33 in the prior period[54]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 32,147[11]. - The largest shareholder, Changshu Aluminum Foil Factory, held 25.42% of the shares, with 51,578,730 shares pledged[11]. - The company commits to distributing profits not less than 30% of the average annual distributable profits achieved in the last three years during the next three years (2016-2018)[23]. Operational Insights - Operating revenue rose by 46.95%, increasing by 273.85 million CNY, attributed to the growth in production and sales scale[15]. - Operating costs increased by 46.69%, up by 227.50 million CNY, also due to the growth in production and sales scale[15]. - Sales expenses rose by 64.49%, up by 19.34 million CNY, driven by increased freight costs from the Baotou factory[15]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[38]. Compliance and Governance - The company guarantees that during the holding period of more than 5% of shares, it will not engage in any business activities that directly or indirectly compete with Shandong Xinyuan[22]. - The company will strictly comply with laws and regulations regarding related party transactions and will avoid any illegal occupation of funds and assets[22]. - The company will ensure that any related party transactions will follow the principles of openness, fairness, and justice, and will disclose information as required by law[22]. - The company did not conduct an audit for the first quarter report[55].

江苏常铝铝业股份有限公司 2017 年第一季度报告全文 江苏常铝铝业股份有限公司 2017 年第一季度报告 2017 年 04 月 1 江苏常铝铝业股份有限公司 2017 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。 公司负责人张平、主管会计工作负责人计惠及会计机构负责人(会计主管人 员)刘常胜声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏常铝铝业股份有限公司 2017 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 857,170,404.00 | 583,318,829.82 | 46.95% | | 归属于上市公司股东的净利润（元） | 22,131,170. ...

Financial Performance - The company's operating revenue for 2016 was CNY 3,285,369,251.10, representing a 29.46% increase compared to CNY 2,537,757,244.85 in 2015[20]. - The net profit attributable to shareholders for 2016 was CNY 156,667,792.08, which is a 32.30% increase from CNY 118,418,826.57 in 2015[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 136,076,463.31, up 21.82% from CNY 111,706,456.86 in 2015[20]. - The basic earnings per share for 2016 was CNY 0.226, reflecting a 13.00% increase from CNY 0.200 in 2015[20]. - The total assets at the end of 2016 amounted to CNY 5,703,616,053.81, a 21.05% increase from CNY 4,711,704,104.50 at the end of 2015[20]. - The company achieved a total profit of 177.73 million yuan, completing 83.44% of the plan, with a net profit of 156.67 million yuan, representing a year-on-year growth of 32.30%[39]. - The company’s net profit attributable to shareholders for the fourth quarter was CNY 120.21 million, with a total annual profit of CNY 213 million, reflecting a year-on-year increase of 62.3%[26][38]. Cash Flow and Investments - The net cash flow from operating activities for 2016 was negative CNY 423,008,843.07, a significant decrease of 302.74% compared to CNY 208,641,563.11 in 2015[20]. - The company’s cash flow from operating activities showed a negative net amount of CNY 412.66 million in the fourth quarter[26]. - The net cash flow from investment activities was ¥74,934,425.99, a significant increase of 125.92% compared to the previous year[65]. - The company has a total of 58,600,000 CNY in significant non-equity investments, with a reported loss of 3,388,200 CNY during the period[74]. - The company has made significant investments in medical technology and equipment, with a total investment of 40,000,000 CNY in a medical technology firm[74]. Business Expansion and Strategy - The company has expanded its business into the pharmaceutical sector through the acquisition of Langmai Co., which is expected to reduce reliance on the aluminum processing business[6]. - The company plans to enhance its product gross margin and value-added through technical transformation and resource integration in the aluminum processing sector[93]. - The company will focus on expanding its clean business into hospitals, food, and electronics sectors while integrating upstream and downstream operations[93]. - The company aims to increase the proportion of automotive aluminum materials to 50% of total production capacity by developing new products for the automotive sector[94]. - The company signed new contracts worth CNY 800 million in 2016, a year-on-year increase of 23%[38]. Research and Development - The company invested nearly 25 million yuan in R&D throughout the year[42]. - Research and development investment amounted to ¥109,505,446.55, an increase of 20.67% year-on-year, with 12 technology projects initiated during the year[63]. - The company obtained 6 new patents in 2016, enhancing its competitive edge in technology[35]. Shareholder Returns and Dividends - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, based on a total of 724,269,941 shares[7]. - A cash dividend of RMB 1.00 per 10 shares was proposed, totaling RMB 72,426,994.10, which represents 46.23% of the net profit attributable to shareholders[104]. - The company plans to retain the remaining undistributed profits for future allocations[108]. - The company has committed to a three-year shareholder return plan from 2015 to 2017, which includes cash dividends[108]. Risks and Challenges - The company faces risks related to macroeconomic fluctuations and policy changes that could impact its aluminum processing and pharmaceutical businesses[5][6]. - The company reported that certain projects have not yet reached expected revenue due to quality and capacity issues[84]. Corporate Governance and Compliance - The company has not reported any violations in the management of raised funds during the 2016 fiscal year[80]. - The company will ensure that any related party transactions are conducted at fair market prices and comply with disclosure obligations[113]. - The company has established measures to avoid competition with related enterprises during the shareholding period[112]. - The company has implemented strict measures to avoid any illegal occupation of funds or assets from related parties[116]. Market Engagement and Social Responsibility - The company emphasizes its commitment to social responsibility, particularly in poverty alleviation initiatives[150]. - The company does not fall under the category of key pollutant discharge units as per environmental protection regulations[150]. - The company has not published a social responsibility report[150].

江苏常铝铝业股份有限公司 2016 年第三季度报告全文 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。 公司负责人张平、主管会计工作负责人计惠及会计机构负责人(会计主管人 员)刘常胜声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏常铝铝业股份有限公司 2016 年第三季度报告 二〇一六年十月 1 江苏常铝铝业股份有限公司 2016 年第三季度报告全文 第一节 重要提示 江苏常铝铝业股份有限公司 2016 年第三季度报告全文 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） | 5,278,924,882.11 | | 4,711,704,104.50 | 12.04% | | 归属于上市公司股东的净资产 ...

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 1,305,219,357.21, representing a 3.79% increase compared to CNY 1,257,509,080.47 in the same period last year[24]. - The net profit attributable to shareholders decreased by 20.07% to CNY 38,263,598.23 from CNY 47,868,550.34 year-on-year[24]. - Basic earnings per share decreased by 34.48% to CNY 0.057 from CNY 0.087 in the same period last year[24]. - The weighted average return on net assets was 1.47%, down from 3.34% in the previous year[24]. - The main business revenue for the reporting period was CNY 1.19 billion, a decrease of 0.71% year-on-year, while the main business cost increased by 0.85% to CNY 969.24 million[33]. - The total profit for the aluminum processing business was CNY 59.37 million, whereas the clean business reported a loss of CNY 19.19 million[32]. - The company reported a net profit distribution of -14,488,998.82, indicating a loss in profit allocation to shareholders[159]. Cash Flow and Investments - The net cash flow from operating activities was negative at CNY -96,767,951.43, a decline of 148.83% compared to CNY 198,165,929.07 in the previous year[24]. - The company reported a significant increase in investment income from CNY 598,788.03 in the current period compared to CNY 1,458,301.36 in the previous period, indicating a decline of 59.0%[140]. - The net cash flow from investment activities was -254,946,762.82 CNY, a decrease from -389,731,469.24 CNY in the previous period, indicating improved cash management in investments[149]. - The total cash inflow from financing activities was 1,232,525,051.00 CNY, compared to 1,358,419,797.08 CNY in the prior period, reflecting a decrease of approximately 9.3%[149]. - The company received CNY 665,000,000.00 from investment in the current period, compared to CNY 337,329,989.04 in the previous period, indicating a significant increase of 97.1%[146]. Assets and Liabilities - The total assets increased by 14.63% to CNY 5,401,028,003.67 from CNY 4,711,704,104.50 at the end of the previous year[24]. - The total liabilities decreased slightly to RMB 2,348,329,462.99 from RMB 2,352,610,602.50, showing a reduction of approximately 0.2%[129]. - The company's equity increased to RMB 3,052,698,540.68 from RMB 2,359,093,502.00, reflecting a growth of about 29.4%[130]. - The total liabilities at the end of the period were 720,000,000, indicating a decrease of 3.00% compared to the previous year[156]. Business Strategy and Operations - The company faces risks related to the cyclical nature of the aluminum processing industry and potential policy changes affecting the sector[8][9]. - The acquisition of Langmai Co. has diversified the company's business into the pharmaceutical sector, reducing reliance on aluminum processing[9]. - The company aims to reach a production and sales target of 120,000 tons for the Changshu plant and 30,000 tons for the Baotou plant in the second half of 2016[32]. - The company is actively pursuing projects in the medical health sector as part of its strategic transformation[37]. - The company has established a dual business strategy focusing on "aluminum processing" and "healthcare," aiming for efficient and collaborative development across business modules[37]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for this period[7]. - Jiangsu Changlv's governance structure complies with relevant laws and regulations, ensuring transparency and protection of shareholder rights[72]. - The company has not faced any major litigation or arbitration issues during the reporting period[74]. - The company granted 1,910,000 restricted stocks to 23 management and core technical personnel, with an authorized price of 5.15 CNY per share[79]. - The company will ensure that no illegal occupation of its funds or assets occurs by the committing parties[94]. Financial Reporting and Compliance - The company's half-year financial report was not audited[97]. - The financial statements are prepared based on the going concern assumption, indicating the company's ability to continue operations for at least 12 months from the reporting date[172]. - The company adheres to the accounting policies and estimates as per the enterprise accounting standards, ensuring the financial statements reflect a true and complete picture of its financial status[174]. - The company has not made any changes to its accounting policies and estimates during the reporting period[173]. Market and Product Development - The company plans to expand its market presence and enhance product offerings, focusing on new technologies in aluminum processing[163]. - The main products of the company include aluminum foil products, with a focus on manufacturing aluminum foil, coated aluminum foil for air conditioners, aluminum materials, aluminum plates, and aluminum strips[168]. - The company operates in the non-ferrous metal rolling processing industry, with its registered and office address located in Jiangsu Province, Changshu City[168].

江苏常铝铝业股份有限公司 2016 年第一季度报告正文 证券代码：002160 证券简称：常铝股份 公告编号：2016-028 江苏常铝铝业股份有限公司 2016 年第一季度报告正文 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 1 江苏常铝铝业股份有限公司 2016 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。 公司负责人张平、主管会计工作负责人计惠及会计机构负责人(会计主管人 员)刘常胜声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏常铝铝业股份有限公司 2016 年第一季度报告正文 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 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 583,318,829.82 | 519,888,168.28 | 12.20% | | ...