Financial Performance - The company's operating revenue for the first half of 2017 was CNY 1,339,253,868.76, representing a 64.19% increase compared to CNY 815,686,218.65 in the same period last year[17]. - The net profit attributable to shareholders was CNY 134,248,311.41, up 66.49% from CNY 80,632,817.11 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was CNY 125,366,236.78, reflecting a 78.03% increase compared to CNY 70,419,111.01 in the previous year[17]. - The total profit amounted to CNY 16,540.44 million, reflecting a growth of 75.35% compared to the same period last year[42]. - The company reported a total profit of ¥165,404,372.17, which is an increase of 75.4% from ¥94,326,936.59 in the previous year[137]. - The company expects net profit attributable to shareholders for the first nine months of 2017 to increase by 50% to 100%, ranging from ¥18,666.72 million to ¥24,888.96 million[67]. Revenue Breakdown - The main business segments include medium and heavy truck crankshafts (60% of revenue), light truck crankshafts (13%), and connecting rods (14%) during the reporting period[25]. - Revenue from engine and marine crankshafts was ¥1,030,730,801.92, accounting for 76.96% of total revenue, with a year-on-year growth of 53.85%[50]. - The sales of connecting rods surged by 153.25% year-on-year, generating ¥183,281,413.38 in revenue[50]. - Heavy-duty engine crankshaft revenue accounts for approximately 50% of total revenue, indicating significant exposure to the volatility of the heavy truck industry[69]. Market Performance - In the first half of 2017, the heavy truck market saw sales of 584,000 units, with a year-on-year growth of 71.5%[30]. - The commercial vehicle market showed strong performance, with sales of 210,100 units in the first half of 2017, a year-on-year increase of 17.4%[28]. - The domestic automotive market experienced a slowdown, with passenger vehicle production and sales growing by only 3.2% and 1.6% respectively in the first half of 2017[31]. - The market for new energy vehicles saw production and sales of 212,000 units, with a year-on-year growth of 19.7%[31]. Assets and Liabilities - The company's total assets increased by 6.66% to CNY 5,464,784,828.32 from CNY 5,123,671,071.74 at the end of the previous year[17]. - The net assets attributable to shareholders rose by 3.71% to CNY 3,686,872,717.02 from CNY 3,555,011,092.09 at the end of the previous year[17]. - Total liabilities amounted to CNY 1,702,429,256.59, compared to CNY 1,498,299,975.27 at the beginning of the period, reflecting an increase of about 13.6%[129]. - Current assets totaled CNY 2,208,761,092.04, up from CNY 1,821,800,965.84 at the beginning of the period, reflecting a growth of approximately 21.3%[128]. Cash Flow - The operating cash flow net amount was CNY -160,082,413.11, a decrease of 156.51% year-on-year, primarily due to increased short-term borrowing[47]. - Cash inflow from financing activities totaled CNY 615,750,530.00, an increase from CNY 409,549,226.95 in the previous period, reflecting a growth of about 50.3%[146]. - The net cash flow from financing activities was CNY 191,506,450.21, a significant improvement from CNY -86,665,655.94 in the last period[149]. Research and Development - The company’s R&D capabilities are supported by multiple national and provincial research platforms, enhancing its innovation and technological edge[36]. - Research and development investment increased to CNY 48,065,947.14, a rise of 89.93% compared to the previous year, reflecting the company's commitment to innovation[47]. - The company has initiated 21 key technology innovation projects and filed 16 patents, including 7 invention patents, to strengthen its competitive edge[44]. Strategic Initiatives - The company has established a marketing network with over 200 regional agents and exclusive dealers, achieving a market share of over 50% for its main products[26]. - The company has formed a strategic new pattern with four major business segments: crankshafts, connecting rods, castings, and forgings, and will continue to increase development efforts in connecting rods and light-duty engine crankshafts to mitigate risks from the heavy truck industry fluctuations[69]. - The company has established strategic partnerships with major OEMs, ensuring long-term supply relationships and competitive advantages[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,307[113]. - The largest shareholder, Tianrun United Group, holds 38.89% of the shares, totaling 437,479,600 shares[114]. - The company did not engage in any repurchase transactions during the reporting period[114]. Corporate Governance - The company did not experience any major litigation or arbitration matters during the reporting period[80]. - There were no significant penalties or rectification measures during the reporting period[81]. - The company has not engaged in any major related party transactions during the reporting period[85]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations[165]. - The company recognizes gains or losses from the fair value changes of financial assets and liabilities, with specific treatments for different categories[179]. - The company conducts impairment testing for financial assets, recognizing impairment losses when the carrying amount exceeds the present value of expected future cash flows[181].

[Important Notice](index=2&type=section&id=Section%201%20Important%20Notice) The Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of this quarterly report, assuming legal responsibility [Board of Directors' Statement](index=2&type=section&id=Board%20of%20Directors%2C%20Supervisory%20Board%20and%20Senior%20Management%20Statement) The Board of Directors, Supervisory Board, and senior management ensure the report's truthfulness, accuracy, and completeness, assuming legal responsibility - The company's Board of Directors, Supervisory Board, and senior management guarantee the report's content is true, accurate, and complete, free from false records, misleading statements, or major omissions, and assume legal responsibility[4](index=4&type=chunk) - Company head Xing Yunbo, chief accountant Liu Li, and head of accounting department Jiang Wei declare the financial statements in the quarterly report are true, accurate, and complete[5](index=5&type=chunk) [Company Profile](index=3&type=section&id=Section%202%20Company%20Profile) This section presents the company's key financial performance indicators and shareholder structure for the reporting period [Key Accounting Data and Financial Indicators](index=3&type=section&id=I.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2017, the company achieved significant performance growth with revenue up 61.02% and net profit attributable to shareholders up 145.92%, despite a 214.51% decrease in net operating cash flow Key Financial Indicators for Q1 2017 | Indicator | Current Period | Prior Year Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 518,475,846.73 | 321,997,480.91 | +61.02% | | Net Profit Attributable to Shareholders (CNY) | 57,881,962.04 | 23,536,784.12 | +145.92% | | Net Profit Attributable to Shareholders Excluding Non-recurring Gains and Losses (CNY) | 45,289,332.66 | 15,181,336.65 | +198.32% | | Net Cash Flow from Operating Activities (CNY) | -83,371,703.41 | 72,809,075.84 | -214.51% | | Basic Earnings Per Share (CNY/share) | 0.05 | 0.04 | +25.00% | | Weighted Average Return on Net Assets | 1.61% | 0.70% | +0.91 percentage points | - During the reporting period, total non-recurring gains and losses amounted to **CNY 12,592,629.38**, primarily comprising **CNY 14,967,087.90** in government subsidies[9](index=9&type=chunk) [Shareholder Information](index=4&type=section&id=II.%20Total%20Number%20of%20Shareholders%20and%20Top%20Ten%20Shareholders%20at%20Period-End) As of the reporting period end, the company had 61,980 common shareholders, with controlling shareholder Tianrun United Group Co., Ltd. holding 38.90%, and no related parties or concerted actions among the top ten shareholders - As of the end of the reporting period, the company had **61,980** common shareholders[11](index=11&type=chunk) Top Three Shareholders' Holdings | Shareholder Name | Shareholder Type | Holding Percentage | Number of Shares Held | | :--- | :--- | :--- | :--- | | Tianrun United Group Co., Ltd. | Domestic Non-State-Owned Legal Person | 38.90% | 437,479,600 | | Liu Bangjun | Domestic Natural Person | 2.22% | 24,920,224 | | Qiu Xinfei | Domestic Natural Person | 0.75% | 8,408,002 | - There are no related-party relationships or concerted actions between the company's controlling shareholder and other top ten shareholders[12](index=12&type=chunk) [Significant Matters](index=6&type=section&id=Section%203%20Significant%20Matters) This section details major financial data changes, progress of significant corporate events, fulfillment of commitments, and the half-year performance forecast [Analysis of Major Financial Data Changes](index=6&type=section&id=I.%20Changes%20and%20Reasons%20for%20Major%20Financial%20Data%20and%20Indicators%20in%20the%20Reporting%20Period) During the reporting period, the company's financial data changed significantly, with revenue and operating costs increasing by 61.02% and 55.20% respectively due to heavy truck market recovery, while operating cash flow decreased by 214.51% due to increased purchases - Operating revenue increased by **61.02%** year-on-year, primarily due to the recovery of the heavy truck market and increased sales revenue in the current period[16](index=16&type=chunk) - Net cash flow from operating activities decreased by **214.51%** year-on-year, mainly due to increased cash payments for goods purchased in the current period[16](index=16&type=chunk) Major Balance Sheet Changes | Item | Change Percentage | Primary Reason for Change | | :--- | :--- | :--- | | Prepayments | +53.72% | Increase in prepaid material costs | | Advances from Customers | +117.34% | Increase in advances received from customers | | Cash and Cash Equivalents | -39.35% | Decrease in bank deposits | | Other Receivables | -49.54% | Due to expensing of reorganization costs | [Progress of Significant Matters](index=6&type=section&id=II.%20Analysis%20of%20Progress%20Impact%20and%20Solutions%20for%20Significant%20Matters) During the reporting period, the company terminated a major asset restructuring (acquisition of 100% equity in Dongguan Hongtu) and advanced its equity incentive plan, with some stock options already exercised - On April 7, 2017, the company's Board of Directors decided to terminate the major asset restructuring for the acquisition of **100% equity in Dongguan Hongtu** and applied to the China Securities Regulatory Commission to withdraw relevant documents[23](index=23&type=chunk) - The company believes that the termination of this major asset restructuring will not have a significant adverse impact on its current production and operation activities[23](index=23&type=chunk) - The company's equity incentive plan is ongoing; as of March 31, 2017, **5,329,448** options have been exercised, resulting in the issuance of **5,329,448** new shares[25](index=25&type=chunk) [Fulfillment of Commitments](index=8&type=section&id=III.%20Unfulfilled%20Commitments%20by%20Controlling%20Shareholders%2C%20Related%20Parties%2C%20Acquirers%2C%20and%20the%20Company%20in%20the%20Reporting%20Period) During the reporting period, commitments made by controlling shareholder Tianrun United Group Co., Ltd. and actual controller Xing Yunbo regarding avoiding competition and regulating related-party transactions were strictly fulfilled - Controlling shareholder Tianrun United Group and actual controller Xing Yunbo made long-term commitments to avoid horizontal competition and reduce related-party transactions[27](index=27&type=chunk)[28](index=28&type=chunk)[29](index=29&type=chunk) - During the reporting period, all relevant parties strictly fulfilled their commitments on time, with no overdue unfulfilled commitments[29](index=29&type=chunk) [2017 Half-Year Performance Forecast](index=11&type=section&id=IV.%20Forecast%20of%20Operating%20Performance%20for%20January-June%202017) The company forecasts a 40% to 70% year-on-year increase in net profit attributable to shareholders for H1 2017, driven by increased orders from the heavy truck and construction machinery markets, alongside improved cost management and production efficiency 2017 January-June Performance Forecast | Indicator | Forecast Range | | :--- | :--- | | Change in Net Profit Attributable to Shareholders | 40.00% to 70.00% | | Net Profit Attributable to Shareholders (CNY 10,000) | 11,288.59 to 13,707.58 | - Key drivers for performance growth include increased orders from the heavy truck and construction machinery markets, growth in new customer and product sales, efficiency improvements from automation and cost management, and full utilization of production capacity[30](index=30&type=chunk)

Financial Performance - The company's operating revenue for 2016 was ¥1,821,508,334.26, representing a 7.79% increase compared to ¥1,689,835,021.92 in 2015[16] - The net profit attributable to shareholders for 2016 was ¥194,296,829.19, a 29.31% increase from ¥150,261,172.82 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥162,251,702.90, up 21.74% from ¥133,279,074.02 in 2015[16] - The basic earnings per share for 2016 was ¥0.17, a 30.77% increase compared to ¥0.13 in 2015[16] - The total assets at the end of 2016 were ¥5,123,671,071.74, reflecting a 7.05% increase from ¥4,786,077,566.42 at the end of 2015[16] - The net assets attributable to shareholders increased by 5.88% to ¥3,555,011,092.09 from ¥3,357,727,487.96 in 2015[16] - The total profit for 2016 was 232.19 million yuan, an increase of 55.98 million yuan, reflecting a growth of 31.77% year-over-year[40] - The revenue from engine and marine crankshafts accounted for 78.69% of total revenue, with a year-on-year growth of 9.98%[48] - Domestic sales contributed CNY 1,652,440,088.56, accounting for 90.72% of total revenue, with an 8.85% increase compared to 2015[48] Cash Flow and Investments - The net cash flow from operating activities decreased by 21.60% to ¥381,361,726.22 from ¥486,419,950.45 in the previous year[16] - The total cash inflow from financing activities dropped by 51.60% to ¥784,053,718.08, while cash outflow decreased by 52.33% to ¥842,647,470.22[62] - The net increase in cash and cash equivalents was ¥8,978,551.36, reflecting a decline of 27.78% year-over-year[62] - The total investment amount for the reporting period was ¥282,979,850.64, representing a decrease of 3.98% compared to the previous year[68] - The company utilized ¥7,227.70 million of raised funds in 2016, with a cumulative total of ¥106,627.59 million used since the previous years[75] Market and Industry Trends - In 2016, the domestic automobile market saw a total sales volume of 28.02 million units, a 13.65% increase from 2015, with passenger car sales growing by 14.93%[28] - The heavy truck market in China is expected to continue steady growth, driven by logistics demand and replacement needs, following a rebound in 2016[28] - The automotive parts industry is experiencing rapid growth, driven by the expansion of the vehicle market and service maintenance sector[28] - The company is positioned to benefit from the ongoing transformation of the automotive industry towards internet integration, new energy, and smart technologies[31] - The company has identified opportunities in the growing Chinese automotive market, which has seen a record high in sales and continues to have room for growth[84] Research and Development - The company has a strong research and development capability, collaborating with clients to develop new products and improve existing ones[27] - The company successfully developed 81 new crankshaft products, with 36 entering mass production, and also completed the development of 27 new connecting rod products[40] - The company applied for 23 patents in 2016, including 5 invention patents and 19 utility model patents, enhancing its innovation capabilities[42] - Research and development expenses amounted to CNY 89,337,653.39, which is 4.88% of total operating revenue, up from 4.78% in the previous year[60] Production and Operations - The company has established a flexible production line that allows for rapid adjustment of product structure based on market demand, enhancing its competitive edge[33] - The company has completed the development of 36 new casting products and 33 new forging products in 2016, further expanding its product offerings[40] - The production volume of connecting rods increased by 43.47% to 1,034,784 units, indicating strong demand in the market[52] - The company is enhancing its production lines' automation and plans to gradually implement intelligent manufacturing to improve processing capabilities and product precision[37] Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.18 per 10 shares to all shareholders[5] - The cash dividend represents 10.40% of the net profit attributable to ordinary shareholders for 2016, which was 194,296,829.19 yuan[104] - The company did not issue any bonus shares or increase capital from reserves for the 2016 fiscal year, with all undistributed profits carried forward[101] - The company has a stable profit distribution policy, ensuring that minority shareholders have the opportunity to express their opinions[100] Corporate Governance and Compliance - The company has established a governance structure to ensure shareholder rights and information transparency[143] - The company emphasizes environmental protection and resource efficiency in its operations[144] - The company is subject to regulatory approval for major asset restructuring projects, which may introduce uncertainty in the approval timeline[94] - Tianrun Crankshaft Co., Ltd. reported a commitment to avoid competition with its controlling shareholder, Tianrun United Group Co., Ltd., ensuring no investment in similar products to prevent direct or indirect competition[107] Employee and Management Information - The company employed a total of 2,719 staff, with 2,182 in production, 78 in sales, 302 in technical roles, 42 in finance, and 115 in administration[199] - The total compensation for the company's directors and senior management during the reporting period amounted to 3.29 million yuan[196] - The company has a total of 240,000 shares held by Zhou Xianzhong, a current executive vice president, which increased during the reporting period[173] - The company maintains a strong leadership team with a mix of experienced professionals, including several with over 30 years in the industry[175][176] Stock Options and Share Capital - The stock option incentive plan grants 13 million stock options, accounting for 2.32% of the company's total share capital of 559,411,764 shares[120] - The initial grant of stock options is 11.868 million, with 1.132 million reserved for future grants[120] - As of December 31, 2016, a total of 3,280,398 stock options were exercised, resulting in the issuance of 3,280,398 new shares[127] - The total share capital increased, leading to a dilution of earnings per share, with 2015 EPS adjusted to 0.13 RMB and 2016 EPS adjusted to 0.17 RMB[158]

Important Notice [Important Notice](index=2&type=section&id=%E7%AC%AC%E4%B8%80%E8%8A%82%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The Board of Directors, Board of Supervisors, and senior management guarantee the authenticity and completeness of this report - The Board of Directors, Board of Supervisors, and senior management ensure the quarterly report is **true, accurate, and complete**, free from false records or material omissions[4](index=4&type=chunk) - **All directors attended the board meeting** to review this quarterly report[5](index=5&type=chunk) - The Company Head, Chief Accountant, and Head of Accounting guarantee the **authenticity, accuracy, and completeness of the financial statements**[5](index=5&type=chunk) Key Financial Data and Shareholder Changes [Key Accounting Data and Financial Indicators](index=3&type=section&id=%E4%B8%80%E3%80%81%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%95%B0%E6%8D%AE%E5%92%8C%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87) The company's Q3 revenue and net profit grew, but year-to-date operating cash flow significantly declined **Key Financial Indicators for Q3 2016 and Year-to-Date** | Indicator | Q3 | YoY Change (Q3) | YTD | YoY Change (YTD) | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue (CNY) | 372,781,304.73 | 11.31% | 1,188,467,523.38 | -0.36% | | Net Profit Attributable to Shareholders (CNY) | 43,812,023.32 | 35.91% | 124,444,840.43 | 9.06% | | Net Cash Flow from Operating Activities (CNY) | -- | -- | 305,320,255.42 | -44.15% | | Basic Earnings Per Share (CNY/Share) | 0.04 | -33.33% | 0.11 | -45.00% | | Weighted Average Return on Equity | 1.28% | 0.27% | 3.64% | 0.12% | - Year-to-date non-recurring gains and losses totaled **CNY 13.56 million**, primarily from **CNY 16.91 million in government subsidies**[9](index=9&type=chunk) [Shareholder Information](index=4&type=section&id=%E4%BA%8C%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E8%82%A1%E4%B8%9C%E6%80%BB%E6%95%B0%E5%8F%8A%E5%89%8D%E5%8D%81%E5%90%8D%E8%82%A1%E4%B8%9C%E6%8C%81%E8%82%A1%E6%83%85%E5%86%B5%E8%A1%A8) The company had 29,111 common shareholders, with the controlling shareholder holding a 39.06% stake - As of the end of the reporting period, the company had **29,111 common shareholders**[12](index=12&type=chunk) **Top 10 Shareholders** | Shareholder Name | Shareholder Type | Shareholding Ratio | Number of Shares | | :--- | :--- | :--- | :--- | | Tianrun United Group Co., Ltd. | Domestic Non-State-Owned Legal Entity | 39.06% | 437,479,600 | | Bank of China - Aegon-Industrial Thematic Selected Hybrid Securities Investment Fund | Other | 3.00% | 33,600,000 | | Jiangxi Xintuo Investment Co., Ltd. | Domestic Non-State-Owned Legal Entity | 2.52% | 28,181,204 | | Liu Bangjun | Domestic Natural Person | 2.23% | 24,920,224 | | Shanghai Qiyi Investment Management Co., Ltd. - Qiyi No. 1 Private Equity Fund | Other | 1.26% | 14,067,600 | - The controlling shareholder, Tianrun United Group Co., Ltd., has **no related-party relationships or concerted actions** with other shareholders, and no such relationships are known among the top 10 shareholders[13](index=13&type=chunk) Important Matters [Changes in Key Financial Items and Reasons](index=6&type=section&id=%E4%B8%80%E3%80%81%E6%8A%A5%E5%91%8A%E6%9C%9F%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E5%8F%91%E7%94%9F%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Significant changes occurred in financial items, driven by material procurement, sales incentives, and reduced cash collections - Balance sheet item changes: **Prepayments increased by 73.80%** and **accounts payable increased by 77.07%** due to higher material procurement; **Paid-in capital increased by CNY 560.54 million** from a 10-for-10 stock dividend[16](index=16&type=chunk) - Income statement item changes: **Selling expenses increased** due to higher sales incentives; **Asset impairment losses increased** due to higher provisions for bad debts on receivables[17](index=17&type=chunk) - Cash flow statement item changes: **Net cash from operating activities decreased by CNY 241.36 million** year-on-year, mainly due to reduced cash receipts from sales and increased tax payments[17](index=17&type=chunk) [Progress on Important Matters](index=6&type=section&id=%E4%BA%8C%E3%80%81%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9%E8%BF%9B%E5%B1%95%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D%E5%92%8C%E8%A7%A3%E5%86%B3%E6%96%B9%E6%A1%88%E7%9A%84%E5%88%86%E6%9E%90%E8%AF%B4%E6%98%8E) The company is advancing a major asset restructuring and has adjusted its stock option incentive plan - The company is undergoing a **major asset restructuring** to acquire a lightweight structural parts manufacturer, with trading resumed on October 12, 2016, but the matter remains uncertain pending approvals[18](index=18&type=chunk)[21](index=21&type=chunk)[22](index=22&type=chunk) - Following the 2015 rights issue (10 shares for every 10 held), the stock option plan was adjusted: **initial grant exercise price was changed from CNY 8.076 to CNY 4.018**, and the **reserved option price was changed from CNY 20.7 to CNY 10.33**[23](index=23&type=chunk) [Fulfillment of Commitments](index=8&type=section&id=%E4%B8%89%E3%80%81%E5%85%AC%E5%8F%B8%E3%80%81%E8%82%A1%E4%B8%9C%E3%80%81%E5%AE%9E%E9%99%85%E6%8E%A7%E5%88%B6%E4%BA%BA%E3%80%81%E6%94%B6%E8%B4%AD%E4%BA%BA%E3%80%81%E8%91%A3%E4%BA%8B%E3%80%81%E7%9B%91%E4%BA%8B%E3%80%81%E9%AB%98%E7%BA%A7%E7%AE%A1%E7%90%86%E4%BA%BA%E5%91%98%E6%88%96%E5%85%B6%E4%BB%96%E5%85%B3%E8%81%94%E6%96%B9%E5%9C%A8%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E5%8F%8A%E6%88%AA%E8%87%B3%E6%8A%A5%E5%91%8A%E6%9C%9F%E6%9C%AB%E5%B0%9A%E6%9C%AA%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) The company and its controlling shareholder have strictly fulfilled long-term commitments and completed a share increase pledge - The controlling shareholder and actual controller have **strictly fulfilled long-term commitments** since August 21, 2009, regarding the avoidance of horizontal competition and regulation of related-party transactions[26](index=26&type=chunk)[27](index=27&type=chunk)[28](index=28&type=chunk) - The controlling shareholder's commitment from July 16, 2015, to **increase its shareholding by no less than CNY 38 million** was fulfilled on January 15, 2016[28](index=28&type=chunk) [2016 Annual Operating Performance Forecast](index=11&type=section&id=%E5%9B%9B%E3%80%81%E5%AF%B9%202016%20%E5%B9%B4%E5%BA%A6%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E7%9A%84%E9%A2%84%E8%AE%A1) The company forecasts 0% to 30% net profit growth for 2016, driven by market recovery and improved efficiency **2016 Annual Net Profit Forecast** | Item | Forecast | | :--- | :--- | | Net Profit Change | 0.00% to 30.00% | | Net Profit Range (CNY Million) | 150.26 to 195.34 | | 2015 Net Profit (CNY Million) | 150.26 | - The primary drivers for the performance change are **recovering demand in the heavy-duty truck market**, stable sales growth, enhanced cost control, and improved production efficiency[29](index=29&type=chunk) [Other Compliance Matters](index=11&type=section&id=%E5%85%B6%E4%BB%96%E4%BA%8B%E9%A1%B9) The company reports no irregular guarantees or fund occupation and confirms one institutional site visit during the period - The company had **no irregular external guarantees** during the reporting period[30](index=30&type=chunk) - There was **no non-operating fund occupation** by the controlling shareholder or its affiliates during the reporting period[31](index=31&type=chunk) - The company hosted **one on-site institutional investor visit** on January 12, 2016[32](index=32&type=chunk) Financial Statements [Financial Statements](index=12&type=section&id=%E4%B8%80%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section presents financial statements showing a 2.62% asset growth and a 9.06% year-to-date net profit increase **Key Items from Consolidated Balance Sheet (2016-09-30)** | Item | Closing Balance (CNY) | Opening Balance (CNY) | | :--- | :--- | :--- | | Total Assets | 4,911,458,018.37 | 4,786,077,566.42 | | Total Liabilities | 1,366,913,278.91 | 1,364,153,723.95 | | Total Equity Attributable to Parent Company | 3,474,751,345.84 | 3,357,727,487.96 | **Key Items from Consolidated Income Statement (YTD)** | Item | Current Period (CNY) | Prior Period (CNY) | | :--- | :--- | :--- | | Total Operating Revenue | 1,188,467,523.38 | 1,192,804,576.38 | | Operating Profit | 135,573,467.68 | 120,986,719.16 | | Total Profit | 151,469,318.19 | 135,098,714.50 | | Net Profit Attributable to Parent Company | 124,444,840.43 | 114,102,725.15 | **Key Items from Consolidated Cash Flow Statement (YTD)** | Item | Current Period (CNY) | Prior Period (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 305,320,255.42 | 546,682,282.45 | | Net Cash Flow from Investing Activities | -266,940,569.80 | -238,041,950.05 | | Net Cash Flow from Financing Activities | -105,235,926.97 | -287,587,774.05 | | Net Increase in Cash and Cash Equivalents | -66,856,241.35 | 21,052,558.35 | [Audit Report](index=28&type=section&id=%E4%BA%8C%E3%80%81%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The company's third-quarter 2016 report has not been audited - The third-quarter report is **unaudited**[67](index=67&type=chunk)

天润曲轴股份有限公司 2016 年半年度报告全文 天润曲轴股份有限公司 2016年半年度报告 2016年08月 1 天润曲轴股份有限公司 2016 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管 人员)姜伟声明：保证本半年度报告中财务报告的真实、准确、完整。 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，请投资者注意投资风险。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | 2 | | --- | --- | --- | | 第二节 | | 公司简介 5 | | 第三节 | 会计数据和财务指标摘要 | 7 | | 第四节 | 董事会报告 | 9 | | 第五节 | | 重要事项 18 | | 第六节 | 股份变动及股东情况 | 25 | | ...

天润曲轴股份有限公司 2016 年第一季度报告正文 证券代码：002283 证券简称：天润曲轴 公告编号：2016-018 天润曲轴股份有限公司 2016年第一季度报告正文 2016年04月 1 天润曲轴股份有限公司 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。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管 人员)姜伟声明：保证季度报告中财务报表的真实、准确、完整。 2 天润曲轴股份有限公司 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） | 321,997,480.91 | 377,175,003.45 | | ...

天润曲轴股份有限公司 2015 年年度报告全文 天润曲轴股份有限公司 2015年年度报告 2016年03月 1 天润曲轴股份有限公司 2015 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、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。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管 人员)姜伟声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本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， 请投资者注意投资风险。 公司在本报告第四节"管理层讨论与分析"中"公司未来发展的展望"部分， 具体描述了公司经营过程中可能存在的风险及应对措施，敬请投资者关注相关 内容。 公司经本次董事会审议通过的利润分配预案为：以公司未来实施分配方案 时股权登记日的总股本为基数，向全体股东每 10 股派发现金红利 0.4 元（含税）， 送红股 0 股（含税），以资本公积金向全体股东每 10 股转增 10 股。 2 | 第一节 | 重要提示、目录和释义 ...

公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管人员)姜伟声明：保证季度 报告中财务报表的真实、准确、完整。 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 天润曲轴股份有限公司 2015 年第三季度报告正文 证券代码：002283 证券简称：天润曲轴 公告编号：2015-035 天润曲轴股份有限公司 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） | 4,781,263,127.63 | 4,928,779,538.02 | | -2.99% | | 归属于上市公司股东的净资产（元） | 3,296,205,392.71 | 3,189,653,4 ...

天润曲轴股份有限公司 2015 年半年度报告全文 天润曲轴股份有限公司 2015年半年度报告 2015年08月 1 天润曲轴股份有限公司 2015 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管 人员)姜伟声明：保证本半年度报告中财务报告的真实、准确、完整。 2 | 第一节 重要提示、目录和释义 2 | | --- | | 第二节 公司简介 5 | | 第三节 会计数据和财务指标摘要 7 | | 第四节 董事会报告 9 | | 第五节 重要事项 18 | | 第六节 股份变动及股东情况 24 | | 第七节 优先股相关情况 27 | | 第八节 董事、监事、高级管理人员情况 28 | | 第九节 财务报告 29 | | 第十节 备查文件目录 127 | 天润曲轴股份有限公司 2015 年半年度 ...

天润曲轴股份有限公司 2015 年第一季度报告正文 证券代码：002283 证券简称：天润曲轴 公告编号：2015-017 天润曲轴股份有限公司 2015 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。 公司负责人邢运波、主管会计工作负责人刘立及会计机构负责人(会计主管人员)姜伟声明：保证季度 报告中财务报表的真实、准确、完整。 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 377,175,003.45 | 457,185,000.87 | -17.50% | | 归属于上市公司股东的净利润（元） | 29,793,559.53 | 40,274,620.41 | -26.02% | | 归属于上市公司股 ...