Financial Performance - In 2018, the company achieved a revenue of 13.1 billion yuan, representing an increase of 18.68% year-over-year, and a net profit of 409 million yuan, up 13.30% from the previous year[11]. - The company's operating revenue for 2018 was ¥13,107,106,472.31, representing an increase of 18.68% compared to ¥11,044,025,042.26 in 2017[35]. - The net profit attributable to shareholders for 2018 was ¥408,592,617.88, a growth of 13.30% from ¥360,628,267.46 in 2017[35]. - The net cash flow from operating activities increased by 44.99% to ¥179,150,822.77 in 2018, up from ¥123,562,668.96 in 2017[38]. - The total assets at the end of 2018 reached ¥6,627,615,496.56, marking a 39.99% increase from ¥4,734,431,991.12 at the end of 2017[38]. - The net assets attributable to shareholders increased by 30.22% to ¥4,471,770,294.60 at the end of 2018, compared to ¥3,433,971,161.91 at the end of 2017[38]. - The basic earnings per share for 2018 was ¥0.386, reflecting a 14.54% increase from ¥0.337 in 2017[38]. - The weighted average return on equity for 2018 was 11.68%, up from 10.88% in 2017[38]. - The company reported a decrease of 8.57% in net profit after deducting non-recurring gains and losses, totaling ¥214,212,176.21 in 2018 compared to ¥234,292,830.77 in 2017[35]. Market Position and Strategy - The company ranked first in China's copper strip industry according to the China Nonferrous Metals Processing Industry Association[11]. - The company plans to expand its advanced copper-based materials production to over 1 million tons within 5-10 years, with a target of 400,000 to 500,000 tons for precision copper strips, aiming for a market share of 25-30%[13]. - The company aims to increase the scale of conductor materials to approximately 500,000 tons, striving to become a domestic leader and compete globally[13]. - The company aims to increase its market share in advanced copper-based materials to between 25% and 30% in the future, indicating a strategic focus on market expansion[49]. - The company is focusing on expanding its product applications in civil industries such as new energy, rail transit, and automotive sectors through military-civilian integration[73]. - The company is positioned in the midstream of the advanced copper-based materials industry, which is crucial for various sectors including electronics and renewable energy[186]. Research and Development - The company emphasizes the importance of internal growth and plans to enhance its R&D investment to provide high-quality products that meet customer needs[15]. - The company continues to focus on the research and development of advanced materials, including lithium battery anode materials and 3D printing materials[33]. - The company has established multiple innovation platforms, including a national postdoctoral research station and provincial engineering laboratories, focusing on new equipment and materials[68]. - The company has a strong focus on R&D in advanced materials, aligning with national strategic initiatives such as "Made in China 2025" to enhance its competitive edge in high-tech materials[51]. - Research and development expenses increased significantly to ¥400,569,702.01, a 1607.5% increase compared to the previous year[100]. - The total R&D investment reached ¥446,844,335.55, which is 3.41% of operating revenue, up from 2.03% the previous year[106]. - The company holds 475 authorized patents, including 208 invention patents, indicating strong innovation capabilities[105]. - The company has developed 50 new products related to copper-based materials, which are core profit products for future growth[105]. Acquisitions and Investments - The acquisition of Tianbird High-tech, the largest domestic carbon fiber weaving and military product supporting enterprise, is expected to accelerate the company's entry into new materials and military industrial services[11]. - The company completed the acquisition of Tianbird High-tech for 1.062 billion yuan, acquiring 90% of its shares, enhancing its new materials sector[76]. - The company acquired a 22.22% stake in Xinhai Copper and a 90% stake in Tian Niao High-tech during the reporting period[57]. - The company completed the acquisition of 90% of Jiangsu Tianniao High-tech Co., Ltd., issuing 128,054,660 shares at a price of ¥6.22 per share, enhancing its presence in the carbon fiber composite materials sector[95]. Financial Management - The company will not distribute cash dividends or bonus shares for the year[7]. - The company received government subsidies amounting to CNY 215.2 million in 2018, which positively impacted its financial performance[44]. - The company reported a net cash flow from investment activities improved by 70.24%, despite increased expenditures on fixed assets[111]. - The company reported a net cash flow from financing activities surged by 295.75%, reflecting a rise in short-term loan financing[111]. - The company has a dedicated fund storage system for the raised funds, ensuring proper management and allocation[140]. Industry Trends and Outlook - The global carbon fiber market is projected to grow at a compound annual growth rate (CAGR) of 9.95%, with industrial applications expected to see the highest growth rate of 12.38%[192]. - The demand for carbon fiber composite materials in the industrial sector is expected to reach 220,100 tons by 2025, while the total market demand will be approximately 262,300 tons[192]. - The automotive sector is expected to see a significant shift towards carbon fiber composites, with predictions indicating that by 2025, these materials will become mainstream in the global automotive market[197]. - The new materials industry in China is projected to exceed a total output value of 6 trillion yuan by 2020, with significant demand driven by major projects like the C919 aircraft[200]. - The market potential for high-performance composite materials in thermal equipment is expected to reach 10.3 billion yuan by 2020[200].

安徽楚江科技新材料股份有限公司 2018 年第三季度报告 安徽楚江科技新材料股份有限公司 2018 年第三季度报告全文 2018 年 10 月 1 安徽楚江科技新材料股份有限公司 2018 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。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：保证季度报告中财务报表的真实、准确、完整。 2 安徽楚江科技新材料股份有限公司 2018 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 □ 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） | 5,138,266,268.23 | | 4,734,431,991.12 | 8.53% | | 归属于上市公司股东的净资产 | 3 ...

安徽楚江科技新材料股份有限公司 2017 年年度报告全文 安徽楚江科技新材料股份有限公司 2017 年年度报告 2018 年 04 月 1 安徽楚江科技新材料股份有限公司 2017 年年度报告全文 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。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：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。其中龚寿鹏先生因工作原 因，以通讯方式参加。 本报告中涉及的未来发展规划及事项的陈述，属于计划性事项，不构成公 司对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险意识， 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。 公司不存在生产经营状况、财务状况和持续盈利能力方面有严重不利影响 的风险因素。有关主要风险因素及公司应对措施等详见本报告第四节"经营情况 讨论与分析"中"公司未来发展的展望"。 公司经本次董事会审议通过的利润分配预案为：以未来 ...

安徽楚江科技新材料股份有限公司 2018 年半年度报告全文 安徽楚江科技新材料股份有限公司 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2018 年半年度报告 2018 年 07 月 1 安徽楚江科技新材料股份有限公司 2018 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。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：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。 如本半年度报告涉及未来计划等前瞻性陈述，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。 公司在本报告第四节"经营情况讨论与分析"中"十、公司面临的风险和应对 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，敬请投资者关 注相关内容。 2 | 目录 | | --- | | 2018 | 年半年度报告 1 | | --- ...

安徽楚江科技新材料股份有限公司 2018 年第一季度报告全文 安徽楚江科技新材料股份有限公司 2018 年第一季度报告 2018 年 04 月 1 安徽楚江科技新材料股份有限公司 2018 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。其中龚寿鹏先生因工作 原因，以通讯方式参加。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：保证季度报告中财务报表的真实、准确、完整。 2 安徽楚江科技新材料股份有限公司 2018 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 □ 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） | 3,009,044,765.62 | 2,176,711,156.25 | 38.24% | | 归属于上市 ...

安徽楚江科技新材料股份有限公司 2017 年年度报告全文 安徽楚江科技新材料股份有限公司 2017 年年度报告 2018 年 04 月 1 安徽楚江科技新材料股份有限公司 2017 年年度报告全文 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。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：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。其中龚寿鹏先生因工作原 因，以通讯方式参加。 本报告中涉及的未来发展规划及事项的陈述，属于计划性事项，不构成公 司对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险意识， 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。 公司不存在生产经营状况、财务状况和持续盈利能力方面有严重不利影响 的风险因素。有关主要风险因素及公司应对措施等详见本报告第四节"经营情况 讨论与分析"中"公司未来发展的展望"。 公司经本次董事会审议通过的利润分配预案为：以未来 ...

安徽楚江科技新材料股份有限公司 2018 年第一季度报告正文 证券代码：002171 证券简称：楚江新材 公告编号：2018-040 安徽楚江科技新材料股份有限公司 2018 年第一季度报告正文 1 安徽楚江科技新材料股份有限公司 2018 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。其中龚寿鹏先生因工作 原因，以通讯方式参加。 公司负责人姜纯、主管会计工作负责人黎明亮及会计机构负责人(会计主管 人员)富红兵声明：保证季度报告中财务报表的真实、准确、完整。 2 安徽楚江科技新材料股份有限公司 2018 年第一季度报告正文 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 3,009,044,765.62 | 2,176,711 ...

安徽楚江科技新材料股份有限公司 2017 年第三季度报告正文 证券代码：002171 证券简称：楚江新材 公告编号：2017－086 安徽楚江科技新材料股份有限公司 2017 年第三季度报告正文 1 安徽楚江科技新材料股份有限公司 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。 公司负责人姜纯、主管会计工作负责人汤秋桂及会计机构负责人(会计主管 人员)黎明亮声明：保证季度报告中财务报表的真实、准确、完整。 2 安徽楚江科技新材料股份有限公司 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 | | 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） | 4,532,940,820.87 | 4,334,779,399.98 | | 4 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥4,913,088,519.78, representing a 34.93% increase compared to ¥3,641,217,021.58 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached ¥172,353,685.44, a significant increase of 118.22% from ¥78,981,117.13 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was ¥108,468,065.50, up 51.47% from ¥71,609,774.94 year-on-year[17]. - The basic earnings per share increased to ¥0.322, reflecting a growth of 78.89% compared to ¥0.180 in the same period last year[17]. - The total profit reached 22,518.03 million yuan, an increase of 123.95% compared to the previous year[41]. - The net profit attributable to the parent company was 17,235.37 million yuan, up 118.22% year-on-year[41]. - Operating profit for the first half of 2017 was 2,185.36 million RMB, an increase of 85.77% from 1,176.38 million RMB in the first half of 2016[82]. - The company reported a profit total of 1,384.67 million RMB, up 173.10% from 507.01 million RMB in the first half of 2016[85]. - The company achieved a revenue of 137,071.09 million RMB in the first half of 2017, marking a 26.37% increase from 108,466.60 million RMB in the same period of 2016[86]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,347,657,525.42, a slight increase of 0.30% from ¥4,334,779,399.98 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company rose to ¥3,352,617,385.49, marking a 5.42% increase from ¥3,180,263,700.05 at the end of the previous year[17]. - The company's total equity rose to CNY 3,352,617,385.49, compared to CNY 3,180,263,700.05, reflecting an increase of about 5.4%[180]. - The total liabilities decreased to CNY 995,040,139.93 from CNY 1,154,515,699.93, a reduction of approximately 13.8%[180]. - Current liabilities decreased to CNY 950,180,582.73 from CNY 1,093,685,473.09, a reduction of approximately 13.1%[179]. - The company's cash and cash equivalents decreased to CNY 266,237,002.85 from CNY 1,416,011,899.49, a decline of about 81.2%[182]. Cash Flow - The net cash flow from operating activities was -¥43,902,402.97, an improvement of 19.42% compared to -¥54,485,296.36 in the same period last year[17]. - The net cash flow from operating activities was -144,910,331.95 CNY, compared to a positive cash flow of 68,770,217.49 CNY in the previous period[199]. - Total cash inflow from operating activities was 2,065,030,004.99 CNY, an increase from 1,818,254,170.57 CNY year-on-year[198]. - Cash outflow for purchasing goods and services reached 2,087,977,810.92 CNY, up from 1,319,853,938.92 CNY in the previous period[198]. - The net cash flow from investing activities was -883,243,871.86 CNY, compared to -122,860,119.20 CNY in the previous period[199]. - Cash inflow from financing activities was 89,580,234.00 CNY, down from 132,500,000.00 CNY in the previous period[199]. Investments and R&D - The company has made significant investments in new materials technology and 3D printing, with a total investment of 5,000,000 CNY in a new subsidiary focused on these areas[56]. - The company emphasizes technological innovation and has received multiple awards for its achievements in resource recycling and high-precision copper alloy production technology[33]. - The R&D team at Dingli Technology consists of over 50 professionals with expertise across multiple disciplines, contributing to the company’s innovative capabilities[34]. - The company has achieved significant advancements in technology, with 10 projects reaching "international advanced level" and 1 project filling a domestic gap[34]. - Research and development investment decreased by 13.81% to 79,569,364.01 yuan due to project progress[43]. Market Strategy and Expansion - The company plans to continue expanding its product lines in the metal materials and new materials sectors to capitalize on market demand and pricing trends[49]. - The company is expanding into new industries such as LED and automotive connectors, enhancing market share[39]. - The company’s marketing strategy is centered around a responsive and efficient network, allowing for quick adaptation to market demands and enhancing competitive advantages[33]. - The company aims to enhance operational efficiency by focusing on cost reduction through raw material substitution and process improvements, aligning with national industrial transformation strategies[98]. Corporate Governance and Compliance - The company has established a commitment to maintain the independence of Jingcheng Copper's institutions[109]. - The company will not engage in any business that competes directly or indirectly with the main business of its subsidiaries[109]. - The company has committed to maintaining a shareholding ratio of less than 5% for its controlling shareholder within six months from July 24, 2017[118]. - The company guarantees that it will not share bank accounts with its controlling shareholder or related enterprises, maintaining independent banking operations[114]. - The company has established a comprehensive governance structure to enhance operational independence and transparency[110]. Environmental Compliance - The company has maintained compliance with environmental regulations, with no reported environmental violations or accidents as of the first half of 2017[142]. - The company’s environmental risk management system has been strengthened, ensuring that pollution emissions meet the required standards[142]. - The company reported that all wastewater and air emissions from its facilities are within the regulatory limits, with specific pollutants like COD and SO2 meeting the required standards[142]. Shareholder Information - The total number of shares increased from 444,714,992 to 534,604,028 after a non-public offering of 89,889,036 shares at a price of 15.05 CNY per share[148]. - The company has implemented two employee stock ownership plans, holding a total of 25,196,378 shares, which accounts for 4.71% of the total share capital[124]. - The company reported a significant increase in the number of shares held by major shareholders, with a notable pledge of 115,600,000 shares[161].

Financial Performance - The company's operating revenue for Q1 2017 was ¥2,176,711,156.25, representing a 38.82% increase compared to ¥1,568,004,729.08 in the same period last year[8] - Net profit attributable to shareholders for Q1 2017 reached ¥82,221,777.51, a significant increase of 265.60% from ¥22,489,808.98 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥66,291,580.80, up 223.16% from ¥20,513,620.49 year-on-year[8] - The basic earnings per share for Q1 2017 was ¥0.154, which is a 201.96% increase compared to ¥0.051 in the same period last year[8] - Net profit for Q1 2017 was ¥82,221,777.51, representing a 257.67% increase from ¥22,988,216.49 in Q1 2016, attributed to strong market demand and price increases in copper-based materials[18] - The net profit attributable to shareholders for the first half of 2017 is expected to range from 142.17 million to 181.66 million RMB, representing a growth of 80% to 130% compared to the same period in 2016[36] - The net profit for the first half of 2016 was 78.98 million RMB, indicating significant growth in the metal materials and new materials industries[36] Assets and Liabilities - The company's total assets at the end of the reporting period were ¥4,190,872,766.31, a decrease of 3.32% from ¥4,334,779,399.98 at the end of the previous year[8] - The net assets attributable to shareholders increased by 2.59% to ¥3,262,485,477.57 from ¥3,180,263,700.05 at the end of the previous year[8] - The company's total liabilities decreased significantly, with long-term borrowings reduced to zero after repayment during the reporting period[17] Cash Flow - The net cash flow from operating activities was negative at -¥188,785,383.85, worsening by 160.77% compared to -¥72,396,349.86 in the same period last year[8] - The company's cash flow from operating activities for Q1 2017 was -¥188,785,383.85, a decline of 160.77% compared to -¥72,396,349.86 in Q1 2016, primarily due to an increase in accounts receivable[19] - The company’s investment activities generated a cash outflow of -¥904,343,852.80 in Q1 2017, a significant increase of 2585.70% compared to -¥33,672,609.42 in Q1 2016, due to investments in wealth management products[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,448[12] - The first unlock period for shares held by Dingli Huizhi is set for 12 months post-transaction completion, with an estimated 27% of shares eligible for release[26] - Subsequent unlock periods for Dingli Huizhi are scheduled for 24 months and 36 months after the transaction, with 33% and 20% of shares eligible for release respectively[26] Government and Regulatory Compliance - The company received government subsidies amounting to ¥27,024,946.14 during the reporting period[9] - The company has committed to using the proceeds from the non-public offering strictly for planned investment projects to promote business development[34] - The company will not use the raised funds for financial investments or trading financial assets, ensuring protection of minority shareholders' interests[34] - The company has established a supervisory mechanism involving underwriters and banks to oversee the use of raised funds[34] - The commitments are legally binding upon approval from the China Securities Regulatory Commission[28] Related Party Transactions - The company reported a commitment to avoid or reduce related party transactions with Jingcheng Copper Industry and its subsidiaries[23] - The company guarantees the establishment of independent financial accounting departments for Jingcheng Copper Industry and its subsidiaries[24] - The company commits to maintaining the independence of Jingcheng Copper Industry's operations and decision-making processes[24] - The company will ensure that Jingcheng Copper Industry and its subsidiaries operate independently without shared banking accounts[24] - The company has pledged to establish a complete governance structure for Jingcheng Copper Industry and its subsidiaries[24] - The company will ensure fair pricing for unavoidable related party transactions[25] - The company has outlined a strategy to maintain operational independence and avoid conflicts of interest with related parties[25] - The company will ensure that any future related party transactions are conducted at market prices and will not harm the interests of its subsidiaries[28] Management and Governance - The company has established a long-term commitment to maintain the integrity of its financial practices and ensure compliance with regulatory requirements[32] - The company’s management has agreed to link compensation systems to the execution of return measures, ensuring accountability[32] - The company has committed to adhere to the latest regulations set by the China Securities Regulatory Commission regarding return measures and related commitments[32] - The company has confirmed that all commitments made are backed by the approval of its governing bodies, reflecting the true intentions of the company[32] Market Outlook - The company anticipates continued growth in product sales and market demand for copper-based materials, contributing to improved profitability[36] - The company is focused on minimizing related party transactions to avoid illegal occupation of funds and assets[25] Investor Relations - The company conducted multiple investor relations activities, focusing on recent operational performance and future development strategies[42]