Financial Performance - Operating revenue for the reporting period was ¥263,633,891.38, representing a year-on-year increase of 40.31%[8] - Net profit attributable to shareholders was ¥954,680.73, a decrease of 42.49% compared to the same period last year[8] - The company reported a net profit of ¥-1,281,630.30 after deducting non-recurring gains and losses, a decline of 184.64% compared to the same period last year[8] - The estimated net profit attributable to shareholders for 2017 is expected to range from 3.83 million to 4.79 million yuan, reflecting a change of up to -20% compared to the previous year[25] - Net profit for Q3 2017 was CNY 714,037.09, a decrease of 50.5% from CNY 1,443,604.84 in Q3 2016[41] - Net profit for the current period was ¥5,063,383.57, down 27.3% from ¥6,958,621.14 in the previous period[50] - Total profit for the current period was ¥8,603,843.45, a decrease of 14.3% from ¥10,036,212.38[49] - The total comprehensive income for Q3 2017 was CNY 714,037.09, down from CNY 1,443,604.84 in Q3 2016, reflecting a decline of 50.5%[42] - The total comprehensive income for the current period was ¥5,063,383.57, down from ¥6,958,621.14, indicating a decline of 27.3%[50] Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,627,996,251.82, an increase of 8.50% compared to the end of the previous year[8] - The total liabilities of the company were CNY 1,740,394,469.96, compared to CNY 1,540,099,866.71 at the beginning of the period, reflecting an increase of approximately 13%[34] - The company's total liabilities increased to CNY 1,457,035,964.54, compared to CNY 1,173,119,780.55 in the previous year, marking a growth of 24.2%[41] - The company's current assets reached CNY 876,477,869.87, up from CNY 693,387,764.02, indicating a significant increase of about 26.4%[32] - The total assets of Jiangsu Jiuding New Materials Co., Ltd. as of September 30, 2017, amounted to CNY 2,627,996,251.82, an increase from CNY 2,422,061,473.44 at the beginning of the period, reflecting a growth of approximately 8.5%[32][35] Cash Flow - The net cash flow from operating activities was ¥49,335,241.05, down 10.17% from the previous year[8] - Operating cash flow net increased by 60.58 million yuan, a growth of 74.08%, mainly due to increased cash received from sales and other operating activities[20] - The net cash flow from operating activities for the third quarter was CNY 142,361,085.97, an increase from CNY 81,780,849.68 in the same period last year, representing a growth of 74.0%[56] - Total cash inflow from operating activities amounted to CNY 751,216,516.74, compared to CNY 608,975,381.14 in the previous year, reflecting a year-over-year increase of 23.3%[56] - The cash outflow from operating activities was CNY 608,855,430.77, up from CNY 527,194,531.46, indicating a rise of 15.4%[56] - The net cash flow from investing activities was negative at CNY -9,999,119.40, an improvement from CNY -67,689,636.89 in the previous year[57] - The net cash flow from financing activities was CNY -100,119,103.44, compared to a positive cash flow of CNY 19,986,736.58 in the same quarter last year[57] Shareholder Information - The total number of shareholders at the end of the reporting period was 20,200[12] - The largest shareholder, Jiangsu Jiuding Group Co., Ltd., held 46.85% of the shares, amounting to 155,754,391 shares[12] Financial Ratios - The weighted average return on net assets was 0.11%, a decrease of 42.00% year-on-year[8] - The basic earnings per share for the reporting period was ¥0.01, unchanged from the previous year[8] - Earnings per share (EPS) remained stable at CNY 0.01 for both basic and diluted shares[42] - Earnings per share (EPS) for the current period was ¥0.02, compared to ¥0.03 in the previous period, indicating a 33.3% decrease[50] Operational Metrics - Total operating costs for Q3 2017 were CNY 265,762,783.38, up from CNY 187,773,368.08, reflecting a year-over-year increase of 41.5%[40] - The gross profit margin for Q3 2017 was approximately -0.43%, down from a positive margin in the previous year, indicating a challenging cost environment[41] - The company reported a significant increase in sales expenses, which rose to ¥45,955,206.67 from ¥33,584,242.93, marking a 37.0% increase[48] - The company experienced a rise in tax expenses, which increased to ¥3,540,459.88 from ¥3,077,591.24, reflecting a 15.0% increase[49]

Financial Performance - The company's operating revenue for the first half of 2017 was ¥428,850,842.98, representing a 17.80% increase compared to ¥364,034,573.39 in the same period last year[15]. - The net profit attributable to shareholders of the listed company decreased by 24.28% to ¥4,435,737.23 from ¥5,858,027.90 year-on-year[15]. - The net profit after deducting non-recurring gains and losses was -¥3,155,998.98, a decline of 314.02% compared to ¥1,474,618.09 in the previous year[15]. - Basic earnings per share decreased by 43.48% to ¥0.013 from ¥0.023 year-on-year[16]. - Operating profit, total profit, and net profit attributable to shareholders decreased by 3.20%, 4.15%, and 24.28%, respectively, compared to the same period last year[31]. - The company achieved total revenue of 428.85 million yuan, representing a year-on-year growth of 17.80%[31]. - The net profit attributable to shareholders for the period from January to September 2017 is expected to range from ¥375.9 million to ¥751.79 million, reflecting a decrease of 50% to 0% compared to the same period in 2016[50]. Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 246.32% to ¥93,025,844.92 from ¥26,861,122.16 in the same period last year[15]. - The net cash flow from investing activities was ¥4,218,838.35, a turnaround of 108.41% from a negative cash flow of ¥50,165,473.71 in the previous year[33]. - The net cash flow from financing activities decreased to -¥60,437,426.09, a decline of 378.05% compared to ¥21,736,358.40 in the same period last year[33]. - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥36,489,768.84, compared to a decrease of -¥1,032,671.37 in the previous year, marking a 3,633.53% change[33]. - Cash and cash equivalents rose significantly to ¥203,902,738.92 from ¥95,821,014.40, marking an increase of about 112.56%[103]. - The ending balance of cash and cash equivalents was CNY 84,636,610.86, a significant increase from CNY 18,938,990.38 at the end of the previous year[119]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,545,546,557.71, a 5.10% increase from ¥2,422,061,473.44 at the end of the previous year[16]. - Total liabilities rose to ¥1,659,235,604.50 from ¥1,540,099,866.71, indicating an increase of approximately 7.73%[105]. - The company’s total liabilities increased to CNY 1,353,876,238.59, compared to CNY 1,173,119,780.55, marking a rise of 15.4%[112]. - Total current assets increased to ¥808,904,767.67 from ¥693,387,764.02, representing a growth of approximately 16.67%[103]. - Total equity increased to ¥886,310,953.21 from ¥881,961,606.73, showing a growth of approximately 0.40%[105]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares during this reporting period[4]. - The total number of common shareholders at the end of the reporting period was 18,544[88]. - Jiangsu Jiuding Group Co., Ltd. held 46.85% of the shares, amounting to 155,754,391 shares, with 7,086,613 shares pledged[88]. - Gu Qingbo, a natural person, held 3.98% of the shares, totaling 13,225,904 shares, with 9,919,427 shares pledged[88]. - The top ten shareholders did not engage in any repurchase transactions during the reporting period[89]. Operational Highlights - The main business involves the manufacturing and sales of glass fiber deep processing products, glass fiber composite materials, and high-performance glass fiber reinforced substrates[22]. - The company has 7 products recognized as national key new products and 14 as Jiangsu Province high-tech products, with 95 patents[27]. - The company’s glass fiber products are at the world advanced level, with textile-type deep processing products at the domestic leading level[27]. - The company is undergoing product structure adjustments in its wholly-owned subsidiary, Shandong Jiuding, which is impacting profitability[50]. - The company plans to enhance its management capabilities and optimize processes in response to the increased scale of operations and subsidiaries[51]. Government and Regulatory Matters - The company reported a significant increase in government subsidies recognized in the current period amounting to ¥4,296,514.54[20]. - The company received tax refunds totaling ¥2,182,239.85, a 284.54% increase from ¥567,500.36 in the previous year, primarily due to increased export tax rebates[33]. - The company has no major litigation or arbitration matters during the reporting period[59]. - The company has no major penalties or rectification situations during the reporting period[60]. - The company has no significant related party transactions during the reporting period[64]. Accounting and Financial Reporting - The company's half-year financial report has not been audited[57]. - The financial statements are prepared based on the going concern principle and comply with the accounting standards issued by the Ministry of Finance[135]. - The company has assessed its ability to continue as a going concern and found no significant doubts regarding its ongoing operations[136]. - The company has not reported any changes in significant accounting policies or estimates during the reporting period[191]. Future Outlook - The company plans to focus on expanding its market presence and enhancing product development strategies in the upcoming quarters[115]. - The company aims to accelerate the implementation of new technologies and products to adapt to market demands[51]. - The company is facing macroeconomic risks due to the complex domestic and international economic environment, which may affect the industry[51].

Financial Performance - The company's operating revenue for Q1 2017 was ¥186,548,175.49, representing a 15.38% increase compared to ¥161,674,807.44 in the same period last year[8]. - The net profit attributable to shareholders was ¥1,996,163.20, an increase of 8.29% from ¥1,843,417.33 year-on-year[8]. - The net cash flow from operating activities reached ¥46,873,181.65, a significant increase of 979.29% compared to -¥47,913.28 in the previous year[8]. - The total assets at the end of the reporting period were ¥2,579,898,315.12, up 6.52% from ¥2,422,061,473.44 at the end of the previous year[8]. - The net assets attributable to shareholders were ¥884,207,527.10, showing a slight increase of 0.23% from ¥882,211,363.90[8]. - The basic earnings per share remained stable at ¥0.01, unchanged from the previous year[8]. - The company reported non-recurring gains and losses totaling ¥3,883,219.84 for the period[9]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 16,701[11]. - Jiangsu Jiuding Group Co., Ltd. held 46.85% of the shares, with a total of 119,811,070 shares, of which 5,454,241 shares were pledged[11]. - The company did not engage in any repurchase transactions during the reporting period[12]. Receivables and Payables - Accounts receivable decreased by 9.28 million yuan, a decline of 61.38%, mainly due to a reduction in untransferred bank acceptance bills[15]. - Prepayments increased by 14.68 million yuan, a growth of 62.68%, primarily due to increased payments for materials[15]. - Other receivables rose by 10.26 million yuan, an increase of 235.16%, mainly due to the increase in bid deposits and standby funds[15]. - Long-term payables increased by 96.32 million yuan, a growth of 66.23%, mainly due to the addition of finance lease business[16]. - Deferred income increased by 61.06 million yuan, a growth of 104.09%, primarily due to the increase in premiums from sale-leaseback transactions[16]. Financing Activities - Cash received from financing activities increased by 95.98 million yuan, a growth of 842.41%, mainly due to cash received from finance lease payments[20]. - Cash paid for other financing activities increased by 72.80 million yuan, a growth of 292.17%, primarily due to increased finance lease payments[20]. Future Outlook - The net profit attributable to shareholders for the first half of 2017 is expected to range from 4.10 million to 5.86 million yuan, representing a change of -30.00% to 0.00% compared to the same period in 2016[23]. - The company is undergoing product structure adjustments in its wholly-owned subsidiary, which may not fully release benefits in the first half of the year[23]. Operating Income - Operating income increased by 0.49 million yuan, a growth of 34.62%, mainly due to the recognition of government subsidies related to assets[17].

Financial Performance - The company's operating revenue for 2016 was ¥793,740,923.08, representing a 15.38% increase compared to ¥687,965,225.38 in 2015[16] - The net profit attributable to shareholders decreased by 70.09% to ¥4,791,458.99 in 2016 from ¥16,019,633.17 in 2015[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥13,380,093.81, a decline of 309.47% compared to ¥6,387,661.20 in 2015[16] - The net cash flow from operating activities was ¥55,964,114.71, down 23.44% from ¥73,100,937.11 in the previous year[16] - Basic earnings per share decreased by 71.43% to ¥0.02 in 2016 from ¥0.07 in 2015[16] - Quarterly revenue peaked in Q4 2016 at ¥241,813,274.50, with a total annual revenue of ¥793,740,923.08[19] - The company reported a negative net profit of -¥2,726,467.71 in Q4 2016, contrasting with positive profits in the first three quarters[19] - The company reported a decrease in accounts payable to CNY 220,696,268.84 from CNY 279,938,785.81, a decline of 21.1%[172] - The net profit for the year was CNY 3.92 million, a significant decrease from CNY 15.38 million, reflecting a decline of approximately 74.5%[179] Assets and Liabilities - Total assets at the end of 2016 were ¥2,422,061,473.44, an increase of 13.31% from ¥2,137,561,682.61 at the end of 2015[16] - The balance of construction in progress at the end of the reporting period was 130.24 million, an increase of 69.77 million, or 115.38%, primarily due to the initiation of a new production line project[25] - Cash and cash equivalents at the end of the reporting period amounted to 95.82 million, reflecting an increase of 53.78 million, or 127.94%, driven by the recovery of accounts receivable and increased bank deposits[25] - The company's total assets were CNY 2,422,061,473.44, compared to CNY 2,137,561,682.61, reflecting an increase of 13.3%[172] - Short-term borrowings rose to ¥506,000,000.00, representing 20.89% of total assets, an increase of 6.94% compared to the previous year[58] - Total liabilities amounted to CNY 1,540,099,866.71, compared to CNY 1,256,448,678.43, indicating an increase of 45.0%[173] Investments and R&D - The company invested 25 million in Beijing Tianrui Jiuding Innovation Technology Center and 10 million in Beijing Jiuding Youfeng Technology Center, leading to a 152.71% increase in available-for-sale financial assets[26] - Research and development investment for 2016 reached ¥20,789,941.39, accounting for 2.62% of operating revenue, a decrease of 12.10% compared to 2015[55] - The company has applied for 15 new patents in 2016, focusing on advanced glass fiber technologies and production methods[32] - The company is focusing on product structure adjustment and technological upgrades to better meet market demands[36] Market and Sales - Sales revenue from textile fiberglass deep-processing products reached CNY 583.39 million, up 35.86% year-on-year, with a gross margin of 21.14%, down 5.78%[37] - The sales revenue of fiberglass composite materials decreased by 16.23% to CNY 188.86 million, with a gross margin of 24.61%, an increase of 2.8%[37] - The company’s revenue from mainland China was CNY 439.67 million, representing 55.39% of total revenue, a 51.35% increase from the previous year[42] - The company’s revenue from regions outside mainland China decreased by 10.92% to CNY 354.07 million, accounting for 44.61% of total revenue[42] Corporate Governance and Compliance - The company has not experienced any major changes in project feasibility during the reporting period[66] - The company did not face any major litigation or arbitration matters during the reporting period[90] - The company has maintained compliance with all commitments made by its controlling shareholders and related parties[83] - The company has not engaged in any related party transactions during the reporting period[94] - The governance structure complies with relevant laws and regulations, ensuring independent operation from the controlling shareholder[150] Shareholder Information - The company plans to distribute a capital reserve bonus of 3 shares for every 10 shares held, with no cash dividends declared[4] - The company reported a cash dividend of RMB 0.00 for 2016, despite having a positive distributable profit of RMB 176,978,714.45[80] - The total number of ordinary shareholders at the end of the reporting period was 12,870[125] - The controlling shareholder, Jiangsu Jiuding Group Co., Ltd., holds 46.85% of the shares, amounting to 119,811,070 shares[127] Social Responsibility and Sustainability - The company actively participated in environmental protection and energy conservation, aligning with national and local energy-saving goals[115] - In 2016, the company donated nearly 300,000 yuan to various charitable projects, earning the title of "Charity Star Enterprise" in Rugao City[115] - The company aims to enhance its sustainable development capabilities to maximize value creation for society and nature[115] Future Outlook - The company aims to achieve a sales revenue of RMB 1 billion in 2017, representing a 26% increase compared to 2016[72] - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on current market trends[139] - The company is exploring potential mergers and acquisitions to enhance its product portfolio and market reach[140]

Financial Performance - Operating revenue for the reporting period was CNY 187,893,075.19, representing a year-on-year increase of 10.77%[8] - Net profit attributable to shareholders decreased by 56.33% to CNY 1,659,898.80 compared to the same period last year[8] - The company reported a basic earnings per share of CNY 0.01, a decrease of 50.00% compared to the previous year[8] - The net profit after deducting non-recurring gains and losses was CNY -450,258.57, a decline of 144.63% year-on-year[8] - Net profit attributable to the parent company decreased by 6.12 million yuan, a decline of 44.88%, primarily due to increased financial expenses and the non-capitalization of project loan interest[19] - The estimated net profit attributable to shareholders for 2016 is projected to decline by 50.00% to 80.00%, ranging from CNY 3.20 million to CNY 8.01 million, compared to CNY 16.02 million in 2015[24] - The decline in performance is attributed to the new projects, including a 50,000-ton high-performance glass fiber production line, not generating expected revenues[24] Cash Flow and Liquidity - The net cash flow from operating activities increased significantly by 291.50% to CNY 81,780,849.68 year-to-date[8] - Cash and cash equivalents increased by 74.36 million yuan, a growth of 176.89%, mainly due to the recovery of accounts receivable and increased bank deposits from working capital loans[15] - Operating cash flow net increased by 60.89 million yuan, a growth of 291.5%, attributed to increased cash received from sales and services[20] - The cash flow from financing activities decreased by 24.89 million yuan, a decline of 92.57%, mainly due to the absence of funds from a non-public offering project[21] Assets and Liabilities - Total assets increased by 13.68% to CNY 2,430,000,056.11 compared to the end of the previous year[8] - Total liabilities increased significantly, with long-term payables rising by 55.91 million yuan, a growth of 106.02%, due to increased financing lease activities[17] - Short-term borrowings increased by 245.17 million yuan, a growth of 82.24%, due to new bank loans based on operational needs[16] - The company’s long-term receivables increased by 46 million yuan, a growth of 460.00%, due to increased financial assistance payments[15] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 17,014[11] - Jiangsu Jiuding Group Co., Ltd. held 46.85% of the shares, making it the largest shareholder[11] Operational Activities - The company did not engage in any repurchase transactions during the reporting period[12] - There were no violations regarding external guarantees during the reporting period[25] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[26] - No research, communication, or interview activities were conducted during the reporting period[27] Inventory and Investment - Inventory increased by 101.01 million yuan, a growth of 49.82%, primarily due to increased stock levels from the production capacity enhancement of a subsidiary[15] - Investment cash outflow increased by 17.63 million yuan, a growth of 101.52%, due to increased investments in innovation technology centers[20] Tax and Refunds - The company reported a decrease in tax refunds received by 3.95 million yuan, a decline of 83.51%, due to reduced export product tax refunds[20] - The weighted average return on net assets was 0.19%, down by 0.33 percentage points from the previous year[8]

Financial Performance - The company's operating revenue for the first half of 2016 was ¥364,034,573.39, representing a 3.65% increase compared to ¥351,226,557.64 in the same period last year[20]. - The net profit attributable to shareholders decreased by 40.46% to ¥5,858,027.90 from ¥9,839,379.99 year-on-year[20]. - The net profit after deducting non-recurring gains and losses fell by 77.18% to ¥1,474,618.09 compared to ¥6,461,726.94 in the previous year[20]. - The total revenue for the reporting period was ¥364,034,573.39, representing a year-on-year increase of 3.65%[29]. - Operating profit, total profit, and net profit attributable to shareholders decreased by 56.17%, 31.73%, and 40.46%, amounting to ¥3,080,062.53, ¥7,738,231.25, and ¥5,858,027.90 respectively[29]. - The basic and diluted earnings per share decreased by 42.50% to ¥0.023 from ¥0.040 in the same period last year[20]. - The weighted average return on equity dropped to 0.66% from 2.27% year-on-year, a decrease of 1.61%[20]. - The company reported a loss of RMB 3,882,348.49 from its subsidiary Shandong Jiuding, which produces fiberglass products[52]. - The net profit attributable to shareholders for the first nine months of 2016 is expected to range from RMB 682,000 to RMB 954,800, reflecting a decrease of 30% to 50% compared to RMB 1,364,000 in the same period of 2015[54]. Cash Flow and Investments - The net cash flow from operating activities increased by 4.23% to ¥26,861,122.16 from ¥25,772,076.61 in the same period last year[20]. - The company invested ¥25,000,000.00 during the reporting period, a significant increase of 1,738.24% compared to ¥1,360,000.00 in the same period last year[36]. - Cash flow from operating activities for the current period is CNY 26,861,122.16, an increase of 4.2% compared to CNY 25,772,076.61 in the previous period[121]. - Cash flow from investing activities shows a net outflow of CNY 50,165,473.71, improving from a net outflow of CNY 164,698,038.51 in the previous period[121]. - Cash flow from financing activities results in a net inflow of CNY 21,736,358.40, down 65.3% from CNY 62,760,666.06 in the previous period[122]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥2,367,603,497.88, a 10.76% increase from ¥2,137,561,682.61 at the end of the previous year[20]. - Total liabilities rose to CNY 1,484,044,407.90 from CNY 1,256,448,678.43, indicating an increase of about 18.06%[109]. - Current assets totaled CNY 667,126,096.53, an increase from CNY 553,698,241.06, reflecting a growth of about 20.48%[107]. - The company's equity attributable to shareholders increased to CNY 883,277,929.43 from CNY 880,488,832.03, a marginal increase of approximately 0.32%[109]. - Short-term borrowings increased significantly to CNY 463,364,733.34 from CNY 298,130,160.00, an increase of approximately 55.4%[108]. Shareholder Information - The total number of shares before the change was 255,744,208, with 14.89% being restricted shares and 85.11% being unrestricted shares[90]. - The number of restricted shares decreased by 602,950, resulting in 37,474,903 restricted shares, which is 14.65% of the total[90]. - The total number of shareholders at the end of the reporting period was 22,642[93]. - Jiangsu Jinding Group Co., Ltd. held 46.85% of the shares, amounting to 119,811,070 shares, with 5,451,241 shares being pledged[93]. - The company has no public bonds that are due or unable to be fully redeemed as of the report date[87]. Corporate Governance and Compliance - The company has maintained compliance with corporate governance standards as per relevant laws and regulations[61]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[62]. - The company has not implemented any equity incentive plans during the reporting period[67]. - The financial statements are prepared based on the going concern assumption, and no significant doubts regarding the company's ability to continue as a going concern have been identified[138]. - The financial statements comply with the requirements of the accounting standards and accurately reflect the company's financial position, operating results, and cash flows for the reporting period[140]. Research and Development - Research and development expenses decreased by 16.38% to ¥10,374,654.21 compared to the previous year[29]. - The high-performance composite material continuous felt glass fiber product development project has a total planned investment of RMB 185.36 million, with RMB 150,000 invested in the reporting period and a cumulative actual investment of RMB 110.11 million, achieving 59% of the project progress[54]. Taxation and Government Grants - The corporate income tax rate for the company is 15%, while some subsidiaries are subject to a rate of 25%[198]. - The company received government grants related to assets, which are recognized as deferred income and amortized over the useful life of the related assets[190]. Accounting Policies - The company follows specific accounting policies for mergers and acquisitions, recognizing goodwill when the acquisition cost exceeds the fair value of identifiable net assets[145]. - The company recognizes intangible assets at cost, which includes purchase price, related taxes, and other expenditures necessary to make the asset ready for use[179]. - The company applies the equity method for long-term equity investments, recognizing investment income based on the proportion of unrealized internal transaction gains attributable to the company[167].

江苏九鼎新材料股份有限公司 2016 年第一季度报告正文 证券代码：002201 证券简称：九鼎新材 公告编号：2016-41 江苏九鼎新材料股份有限公司 2016 年第一季度报告正文 1 江苏九鼎新材料股份有限公司 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。 公司负责人顾清波、主管会计工作负责人冯建兵及会计机构负责人(会计主 管人员)刘海燕声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏九鼎新材料股份有限公司 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 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） | 161,674,807.44 | 165,113,958.45 | -2.08 ...

Financial Performance - The company's operating revenue for 2015 was ¥687,965,225.38, a decrease of 7.51% compared to ¥743,815,985.34 in 2014[16] - The net profit attributable to shareholders for 2015 was ¥16,019,633.17, representing a significant increase of 51.78% from ¥10,554,821.22 in 2014[16] - The net cash flow from operating activities reached ¥73,100,937.11, a remarkable increase of 279.44% compared to ¥19,265,291.18 in 2014[16] - The basic earnings per share for 2015 was ¥0.07, up 40.00% from ¥0.05 in 2014[16] - The company reported a quarterly revenue of ¥167,115,277.51 in Q4 2015, with a net profit of ¥2,379,639.64 for the same quarter[21] - Operating profit, total profit, and net profit attributable to shareholders increased by 67.34%, 63.43%, and 51.78%, respectively, reaching CNY 8.12 million, CNY 18.49 million, and CNY 16.02 million[35] - The revenue from glass and glass fiber manufacturing accounted for 95.18% of total revenue, amounting to CNY 654.84 million, down 7.95% year-on-year[38] Assets and Liabilities - Total assets at the end of 2015 amounted to ¥2,137,561,682.61, reflecting a growth of 29.96% from ¥1,644,732,406.24 at the end of 2014[17] - The net assets attributable to shareholders increased by 105.68% to ¥880,488,832.03 in 2015 from ¥428,080,698.83 in 2014[17] - Total liabilities rose to CNY 1,256,448,678.43, compared to CNY 1,215,384,551.61, reflecting a 3% increase[170] - Current liabilities totaled CNY 812,863,034.95, an increase from CNY 719,809,586.81, indicating a rise of 12.9%[170] - Non-current liabilities decreased to CNY 443,585,643.48 from CNY 495,574,964.80, a decline of 10.5%[170] Investments and R&D - The company’s R&D investment increased by 12.02% to CNY 23.65 million, representing 3.44% of total operating revenue[46] - The company has achieved a leading domestic technical level in high-modulus glass fiber and other high-performance glass fiber technologies, filling domestic gaps and forming new core competitiveness after industrialization[30] - The company is focusing on the research and development of high-performance glass fiber, which is expected to drive future growth and market expansion[32] - Research and development investment has increased by 30% this year, focusing on advanced materials technology[135] Market and Product Development - The company successfully launched its first continuous felt production line, achieving stable production and product quality that meets design requirements, with sales expanding in both domestic and international markets[26] - The company’s revenue from glass fiber deep processing products is expected to increase due to the growing demand in wind power and environmental protection sectors[26] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share within the next three years[135] - A strategic acquisition of a local competitor is anticipated to enhance operational efficiency and is expected to close by Q3 2016[136] Dividends and Shareholder Information - The company proposed a cash dividend of ¥0.12 per 10 shares, based on a total of 255,744,208 shares[4] - The net profit attributable to ordinary shareholders for 2015 was 16,019,633.17 RMB, with no cash dividends distributed in previous years[73] - The total number of shares for the dividend distribution is based on 255,744,208 shares[75] - The company has a cash dividend policy, distributing 0.06 RMB per share to shareholders for the 2014 fiscal year[72] Corporate Governance and Compliance - The company has implemented an excellent performance management model and a comprehensive small business mechanism, further enhancing its control capabilities across the industrial chain[32] - The governance structure complies with relevant laws and regulations, ensuring independent operation from the controlling shareholder[146] - The company ensures timely, accurate, and complete information disclosure, complying with relevant regulations and providing equal access to all shareholders[148] - The independent directors provided valuable suggestions on industry trends and internal controls, which were adopted by the company[154] Social Responsibility and Environmental Initiatives - The company actively participated in social responsibility initiatives, spending CNY 707,300 on charitable activities, including support for disabled individuals and impoverished students[106] - The company implemented environmental protection measures, including the recovery of methanol from drying processes and the use of new technologies to treat organic waste gas, exceeding national emission standards[106] Future Outlook and Strategic Plans - The company aims to achieve a sales revenue of 800 million RMB in 2016, representing a 16% increase compared to 2015[66] - The company plans to enhance its global leading advantage in sandpaper products and increase its market share in mid-to-high-end markets[66] - The company plans to implement a high-end product strategy to increase product value and mitigate exchange rate risks[68] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[190]

江苏九鼎新材料股份有限公司 2015 年第三季度报告正文 江苏九鼎新材料股份有限公司 2015 年第三季度报告正文 证券代码：002201 证券简称：九鼎新材 公告编号：2015-51 江苏九鼎新材料股份有限公司 2015 年第三季度报告正文 1 江苏九鼎新材料股份有限公司 2015 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。 公司负责人顾清波、主管会计工作负责人冯建兵及会计机构负责人(会计主管人员)刘海燕声明：保证 季度报告中财务报表的真实、准确、完整。 2 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） | 2,118,843,180.35 | 1,644,732,40 ...

Financial Performance - The company's operating revenue for the first half of 2015 was CNY 351,226,557.64, representing an increase of 11.95% compared to CNY 313,723,192.04 in the same period last year[20]. - The net profit attributable to shareholders of the listed company reached CNY 9,839,379.99, a significant increase of 322.09% from CNY 2,331,087.85 year-on-year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 6,461,726.94, up 11,842.44% from CNY 54,107.26 in the previous year[20]. - The net cash flow from operating activities was CNY 25,772,076.61, an increase of 365.09% compared to CNY 5,541,302.88 in the same period last year[20]. - Basic earnings per share were CNY 0.04, reflecting a 300.00% increase from CNY 0.01 in the previous year[20]. - Operating profit reached CNY 7,027,989.50, a significant increase of 1,144.67% year-on-year[30]. - The total revenue for the reporting period was CNY 351,226,557.64, an increase of 11.95% compared to the same period last year[30]. - The company reported a total comprehensive income of CNY 14,428,688.96, significantly higher than CNY 1,624,587.07 from the previous period[119]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,702,040,300.51, a 3.48% increase from CNY 1,644,732,406.24 at the end of the previous year[20]. - The total liabilities at the end of the period were 505,232,900.00 yuan, which needs to be monitored for financial health[133]. - Total liabilities rose to CNY 1.26 billion, up from CNY 1.22 billion, indicating an increase of 4.88%[109]. - The company's current assets decreased from RMB 706,576,969.66 to RMB 561,635,611.49, reflecting a decline of approximately 20.5%[107]. - The total non-current assets increased from RMB 938,155,436.58 to RMB 1,140,404,689.02, an increase of approximately 21.5%[107]. Investment and R&D - Research and development expenses increased by 28.68% to CNY 12,406,315.03, indicating a focus on innovation[30]. - The company has made substantial progress in the R&D of advanced glass fiber manufacturing techniques, which are expected to strengthen its market position[37]. - The company has a strong focus on new product development, with multiple patents related to fiberglass technology filed in recent years[40]. - The company invested 1,360,000 CNY during the reporting period, a decrease of 54.67% compared to 3,000,000 CNY in the same period last year[42]. Dividends and Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The company approved a cash dividend of RMB 0.06 per 10 shares, totaling a distribution based on 22,848.80 million shares, implemented on April 24, 2015[58]. - The total number of ordinary shareholders at the end of the reporting period was 14,768[95]. - Jiangsu Jinding Group Co., Ltd. holds 50.05% of the shares, amounting to 114,359,829 shares, which are pledged[95]. Operational Developments - The board of directors noted that the glass fiber industry is gradually recovering, which positively impacts the company's performance[29]. - The company successfully launched a new production line for high-performance glass fiber, achieving stable operation and improved product quality[32]. - A new production line for 1,000 tons of binary component high-silica glass fiber products commenced trial operation on June 26, 2015[33]. - The company is actively expanding its product lines, including glass fiber yarn and composite materials, to enhance market competitiveness[52]. Compliance and Governance - The half-year financial report was audited by Lixin Accounting Firm, with an audit fee of 500,000 RMB[88]. - The financial statements were approved by the board of directors on August 28, 2015, indicating a commitment to transparency and compliance with accounting standards[143]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[66]. - The company has not conducted any major related party transactions during the reporting period[72]. Cash Flow and Liquidity - The company's cash and cash equivalents decreased significantly from RMB 201,855,268.07 to RMB 73,952,963.66, a decline of about 63.4%[106]. - The net cash flow from operating activities was negative at -25,029,563.34 RMB, compared to a positive 107,331,026.59 RMB in the previous period, indicating a significant decline in operational performance[125]. - The ending balance of cash and cash equivalents decreased to 50,981,872.26 RMB from 133,192,046.80 RMB, indicating a liquidity contraction[126]. - Cash outflows for purchasing goods and services amounted to 173,024,624.97 RMB, down from 208,526,680.95 RMB, indicating a reduction in operational costs[125]. Market and Industry Outlook - The company is focusing on market expansion and product development to leverage the recovering domestic and international sales markets[57]. - The company aims to improve operational efficiency and reduce costs in the upcoming quarters[134]. - The company is actively promoting direct weaving technology to further enhance cost control capabilities across its production chain[41].