珠海市乐通化工股份有限公司 2020 年第三季度报告全文 珠海市乐通化工股份有限公司 2020 年第三季度报告 2020-072 2020 年 10 月 1 珠海市乐通化工股份有限公司 2020 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。 公司负责人周宇斌、主管会计工作负责人胡婷及会计机构负责人(会计主管 人员)张洁声明：保证季度报告中财务报表的真实、准确、完整。 2 珠海市乐通化工股份有限公司 2020 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） | 610,910,736.51 | | 654,651,989.30 | -6.68% | | 归属于上市公司 ...

珠海市乐通化工股份有限公司 2020 年半年度报告全文 珠海市乐通化工股份有限公司 2020 年半年度报告 2020-053 2020 年 08 月 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第四节"经营 情况讨论与分析"中的第十"公司面临的风险和应对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | | | 1 珠海市乐通化工股份有限公司 2020 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。 公司负责人周宇斌、主管会计工作负责人胡婷及会计机构负责人(会计主管 人员)张洁声明：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。 本报告如有涉及到未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，能否实现取决于市场状况变化等多方因素，存在一定的风险，请投资者注 意投资风险。 | 2020 | 年半年度报告 2 | | --- | --- | | 第一节 | 重要提示、目录和释义 2 ...

Financial Performance - The company's operating revenue for 2019 was ¥383,055,009.25, a decrease of 21.41% compared to ¥487,438,097.33 in 2018[17] - The net profit attributable to shareholders was -¥291,491,352.09, representing a significant decline of 763.78% from -¥33,745,975.10 in the previous year[17] - The net cash flow from operating activities was ¥19,567,057.66, down 75.08% from ¥78,513,662.37 in 2018[17] - The total assets at the end of 2019 were ¥654,651,989.30, a decrease of 31.66% from ¥957,886,287.66 at the end of 2018[17] - The net assets attributable to shareholders decreased by 67.57% to ¥140,361,986.87 from ¥432,770,588.74 in 2018[17] - The basic earnings per share for 2019 was -¥1.46, a decline of 758.82% compared to -¥0.17 in 2018[17] - The weighted average return on equity was -101.72%, down 94.35% from -7.37% in the previous year[17] - The company achieved total revenue of ¥383,055,009.25 in 2019, a decrease of 21.41% year-on-year[35] - The net profit attributable to shareholders was -¥291,491,352.09, a decline of 763.78% compared to the previous year, primarily due to stricter environmental policies and a sluggish external market[35] Business Segments - The internet advertising marketing business experienced a decline in revenue due to reduced advertising budgets from clients amid economic uncertainties, particularly influenced by the "China-US trade war"[28] - The internet advertising business generated revenue of ¥59,574,155.79, down 54.74% year-on-year, with net profit decreasing by 84.65%[37] - The ink manufacturing segment accounted for 83.03% of total revenue, with a revenue of ¥318,048,588.91, reflecting a 9.00% decrease from the previous year[41] - The ink manufacturing business faced significant pressure due to increased competition, rising raw material costs, and environmental compliance costs, impacting profit margins[27] Cash Flow and Assets - The company's cash and cash equivalents decreased by 48.14% year-on-year, primarily due to significant net cash outflows from financing activities[29] - The goodwill decreased by 99.27% at the end of the period compared to the beginning, mainly due to impairment related to the acquisition of Beijing Xuanxiang Siyue Media Co., Ltd.[29] - The company’s deferred tax assets decreased by 49.58%, attributed to the write-off of previously recognized deferred tax assets from its wholly-owned subsidiary Zhengzhou Letong[29] - As of the end of 2019, cash and cash equivalents decreased to 9,386,986.96 yuan, accounting for 1.43% of total assets, down from 1.89% at the beginning of the year[60] - Accounts receivable increased to 141,818,006.50 yuan, representing 21.66% of total assets, up from 15.18% at the beginning of the year[60] - Fixed assets accounted for 57.62% of total assets at the end of 2019, a significant increase from 42.58% at the beginning of the year[60] Strategic Initiatives - The company plans to adapt its internet advertising strategies to market changes, focusing on technology-driven solutions to mitigate the impact of traditional advertising revenue declines[32] - The company plans to enhance customer service and develop new clients in different sectors to mitigate the impact of economic downturns and rising raw material costs[36] - The company plans to enhance its product structure by focusing on water-based and UV products, increasing R&D investment[71] - The company aims to optimize its production processes and introduce automated production lines to improve efficiency and reduce emissions[71] - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product offerings[143] Risk Management - The company has outlined potential risks and countermeasures in its report, emphasizing the uncertainty of future plans[4] - The company acknowledges risks from macroeconomic fluctuations and plans to adjust its business strategies accordingly[72] - The competitive landscape in the ink manufacturing industry is intensifying, prompting the company to refine its competitive strategies[72] Governance and Management - The company experienced a leadership change with the departure of several key executives, including the president and financial director, all due to the expiration of their terms[141] - The current management team includes experienced professionals with backgrounds in investment, finance, and management, enhancing the company's strategic direction[143][144][145][146][147] - The company has established a performance evaluation system to ensure a clear reward and punishment mechanism for employees[156] - The company held 4 shareholder meetings during the reporting period, ensuring compliance with legal regulations and equal rights for all shareholders, especially minority shareholders[160] Environmental and Compliance - The company has implemented VOCs treatment facilities and is committed to environmental protection, with six sets of facilities in operation[116] - The company plans to upgrade its VOCs collection facilities and end-treatment processes to reduce pollutant emissions[116] - The company is committed to maintaining safety production standards and has implemented measures to mitigate risks associated with flammable materials used in manufacturing[73] Financial Reporting and Audit - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position[183] - The company has established internal control measures to prevent fraud and ensure accurate financial reporting[177] - The audit procedures included evaluating the reasonableness of key assumptions used in the goodwill impairment testing against historical performance and industry standards[188]

Financial Performance - The company's operating revenue for Q1 2020 was ¥64,925,685.87, a decrease of 39.86% compared to ¥107,953,398.91 in the same period last year[9] - The net profit attributable to shareholders was -¥6,452,290.39, representing an 87.31% decline from -¥3,444,705.03 in the previous year[9] - Basic and diluted earnings per share were both -¥0.032, an 88.24% decrease compared to -¥0.017 in the same period last year[9] - Operating revenue decreased by 39.86%, primarily due to a reduction in sales orders impacted by the COVID-19 pandemic[16] - Operating profit decreased by 169.85%, and net profit decreased by 87.31%, mainly due to a year-on-year decline in sales of ink and internet advertising businesses caused by the global pandemic[16] - The company's net loss for Q1 2020 was CNY 7,100,699.84, compared to a net loss of CNY 1,518,672.58 in Q1 2019, indicating a significant increase in losses[43] - The total comprehensive income for Q1 2020 was a loss of CNY 6.45 million, compared to a loss of CNY 3.44 million in the same quarter of the previous year[45] Cash Flow - The net cash flow from operating activities was ¥3,731,621.17, down 69.27% from ¥12,144,022.29 year-on-year[9] - Cash flow from operating activities decreased by 69.27%, primarily due to a reduction in various operating expenses influenced by the pandemic[16] - The company's operating cash flow for Q1 2020 was CNY 3.73 million, down from CNY 12.14 million in Q1 2019, reflecting a decline of approximately 69.32%[52] - Net cash flow from operating activities was CNY 1,278,915.44, down 90.3% from CNY 13,259,610.61 in the previous year[55] - Cash inflow from financing activities was CNY 134,000,000.00, an increase of 91.4% from CNY 70,000,000.00 in Q1 2019[53] - Net cash flow from financing activities was -CNY 3,645,668.63, compared to -CNY 20,734,772.83 in the previous year, indicating an improvement[53] Assets and Liabilities - Total assets at the end of the reporting period were ¥612,474,485.78, a reduction of 6.44% from ¥654,651,989.30 at the end of the previous year[9] - The company's current assets totaled CNY 193,093,215.75, down from CNY 228,158,995.99 at the end of 2019, indicating a decrease of about 15.37%[34] - The total liabilities as of March 31, 2020, were CNY 277,226,841.66, slightly up from CNY 273,666,328.25 at the end of 2019[40] - The company's total liabilities were CNY 305,093,406.83, with current liabilities at CNY 232,000,000.00, unchanged from the previous period[35] - The total equity decreased to CNY 213,121,678.47 from CNY 221,188,190.51, showing a decline of about 3.2%[40] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,083[12] - Shenzhen Dashing Asset Management Co., Ltd. held 26.00% of the shares, making it the largest shareholder[12] - The company has fulfilled all commitments made to shareholders and has no overdue commitments[23] Government Support and Subsidies - The company received government subsidies amounting to ¥73,375.32 during the reporting period[10] - Other income decreased by 61.9%, mainly due to a reduction in government subsidies received during the reporting period[16] Operational Changes and Future Outlook - The company decided to terminate the major asset restructuring due to uncertainties in the future operations of the target company influenced by the pandemic and global economic conditions[18] - The company will continue to monitor market conditions and adjust strategies accordingly to protect shareholder interests[18] Research and Development - The company’s R&D expenses for Q1 2020 were CNY 2,007,477.57, slightly down from CNY 2,144,885.73 in Q1 2019[43] - Research and development expenses for Q1 2020 were CNY 0.37 million, down from CNY 0.51 million in the same period last year, indicating a decrease of approximately 28.43%[47] Compliance and Audit - The company has not undergone an audit for the first quarter report, indicating preliminary figures[62] - The report does not provide specific user data or future outlook details[63] - No new products, technologies, market expansions, or mergers were mentioned in the available reports[63]

珠海市乐通化工股份有限公司 2019 年第三季度报告全文 第一节 重要提示 珠海市乐通化工股份有限公司 2019 年第三季度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 珠海市乐通化工股份有限公司 2019 年第三季度报告 2019-064 2019 年 10 月 1 √ 适用 □ 不适用 所有董事均已出席了审议本次季报的董事会会议。 公司负责人周宇斌、主管会计工作负责人胡婷及会计机构负责人(会计主管 人员)张洁声明：保证季度报告中财务报表的真实、准确、完整。 2 珠海市乐通化工股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 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） | 921,912,059.77 | 957,886,287.66 | | -3.76% ...

珠海市乐通化工股份有限公司 2019 年半年度报告全文 珠海市乐通化工股份有限公司 2019 年半年度报告 2019-055 2019 年 08 月 1 珠海市乐通化工股份有限公司 2019 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。 公司负责人周宇斌、主管会计工作负责人胡婷及会计机构负责人(会计主管 人员)张洁声明：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。 公司已在本报告中详细描述可能存在的相关风险，敬请查阅第四节"经营情 况讨论与分析"中的第十"公司面临的风险和应对措施"。 本报告如有涉及到未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，能否实现取决于市场状况变化等多方因素，存在一定的风险，请投资者注 意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 5 | ...

Financial Performance - The company's operating revenue for 2018 was ¥487,438,097.33, a decrease of 8.38% compared to ¥532,046,547.77 in 2017[16]. - The net profit attributable to shareholders was -¥33,745,975.10, representing a decline of 416.92% from ¥10,648,159.54 in the previous year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥34,091,357.66, down 543.74% from ¥7,682,660.86 in 2017[16]. - The basic earnings per share for 2018 was -¥0.17, a decrease of 440.00% compared to ¥0.05 in 2017[16]. - The total assets at the end of 2018 were ¥957,886,287.66, a decrease of 12.34% from ¥1,092,699,738.66 at the end of 2017[16]. - The net assets attributable to shareholders decreased by 11.87% to ¥432,770,588.74 from ¥491,052,365.56 in 2017[16]. - The net cash flow from operating activities was ¥78,513,662.37, a decrease of 3.52% compared to ¥81,378,000.60 in the previous year[16]. - The weighted average return on equity was -7.37%, down from 0.21% in 2017[16]. - The company reported a quarterly revenue of ¥124,050,176.95 in Q4 2018, with a net profit of -¥36,273,051.63 for the same quarter[20]. - The company reported a non-operating income of 345,382.56 in 2018, a significant decrease from 2,965,498.68 in 2017, indicating a decline in non-recurring gains[21]. Business Segments - The ink manufacturing business faced challenges in 2018, with performance declining due to high raw material costs and increased competition, necessitating a focus on improving profitability[26]. - The internet advertising marketing segment maintained stable operations, with efforts to innovate and enhance the DSP digital advertising platform, aiming to become a leading player in the market[25]. - The internet advertising segment generated a revenue of ¥131,635,666.64, down 28.18% from ¥183,298,200.77 in the previous year[44]. - The company’s ink manufacturing business saw a slight increase in revenue from the chemical raw materials and chemical products manufacturing sector, which accounted for 71.70% of total revenue in 2018[44]. Research and Development - The company’s R&D efforts in 2018 focused on water-based and UV inks, aiming to optimize product performance and enhance its independent development capabilities[31]. - The total R&D expenditure for 2018 was ¥17.74 million, representing a 5.99% increase year-on-year and accounting for 3.64% of total revenue[57]. - The company’s technical research and development efforts focused on product quality improvement and compliance with stricter environmental regulations[38]. Marketing and Customer Relations - The company has established strong customer loyalty, serving major clients such as Coca-Cola and Pepsi, which enhances its market position and risk resilience[32]. - The company’s marketing strategies included optimizing customer structure and enhancing service quality, which helped reduce labor costs and improve cash flow[37]. - The company’s advertising business manages 200 million daily traffic from quality portals and covers 300 million online users, showcasing its extensive reach in the digital advertising space[30]. Financial Management and Investments - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company’s major asset restructuring plan involves acquiring 100% of Wuhan Zhongke Xinwei Information Technology Co., Ltd., with the transaction still in preparation stages as of the end of 2018[41]. - The company reported a significant increase in interest payable from CNY 10,528,870.25 to CNY 23,376,755.34, an increase of about 121.5%[195]. - The company’s financing cash inflow increased by 19.70% to ¥287 million, primarily due to increased bank loan repayments[60]. Environmental and Regulatory Compliance - The company is committed to developing environmentally friendly inks, aligning with industry trends towards sustainability and compliance with stricter environmental regulations[26]. - The company has implemented ISO9001 and ISO4001 management systems to ensure product quality and environmental compliance, enhancing operational efficiency[31]. - The company faces environmental policy risks due to stricter regulations on ink production, which may impact future performance[75]. - The company adheres to environmental protection regulations and does not belong to the key pollutant discharge units as identified by environmental protection authorities[120]. Shareholder and Governance - The controlling shareholder increased their stake to 26.00% of the total share capital, reflecting confidence in the company's future prospects[40]. - The company has maintained a good integrity status, with no significant debts or court judgments unfulfilled during the reporting period[95]. - The board of directors includes independent members, ensuring compliance and oversight in corporate governance[143][144]. - The company has established a transparent performance evaluation and incentive mechanism for its directors and senior management to enhance motivation and retain talent[159]. Employee Management - The company emphasizes a fair and just treatment of employees, maintaining a reasonable compensation and benefits system[116]. - The company focuses on enhancing employee capabilities and career development, aligning personal growth with corporate goals[116]. - The company has established a compensation system that balances internal fairness and external competitiveness[152]. - The company emphasizes employee training and development to enhance business capabilities and management levels, with a focus on internal training programs in 2018[153]. Internal Control and Audit - The audit opinion issued by DaHua Accounting Firm was a standard unqualified opinion, confirming the fair presentation of financial statements[179]. - The internal control evaluation report indicated that 100% of the total assets and operating income of the evaluated units were included in the consolidated financial statements[171]. - The company reported no significant internal control deficiencies during the reporting period[171]. - The internal control assessment was consistent with the board's self-evaluation report, indicating effective internal controls[175].

珠海市乐通化工股份有限公司 2019 年第一季度报告全文 珠海市乐通化工股份有限公司 2019 年第一季度报告 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。 公司负责人周宇斌、主管会计工作负责人黄秋英及会计机构负责人(会计主 管人员)张洁声明：保证季度报告中财务报表的真实、准确、完整。 2 2019-021 2019 年 04 月 1 珠海市乐通化工股份有限公司 2019 年第一季度报告全文 珠海市乐通化工股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 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） | 107,953,398.91 | 111,776,861.43 | -3.42% | | 归属于上市公司股东的净利润（元） | -3,444,705. ...

2018 年年度报告 2019-020 2019 年 04 月 珠海市乐通化工股份有限公司 2018 年年度报告全文 珠海市乐通化工股份有限公司 1 珠海市乐通化工股份有限公司 2018 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。 | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 5 | | 第三节 | 公司业务概要 9 | | 第四节 | 经营情况讨论与分析 12 | | 第五节 | 重要事项 23 | | 第六节 | 股份变动及股东情况 33 | | 第七节 | 优先股相关情况 39 | | 第八节 | 董事、监事、高级管理人员和员工情况 40 | | 第九节 | 公司治理 46 | | 第十节 | 公司债券相关情况 52 | | 第十一节 | 财务报告 53 | | 第十二节 | 备查文件目录 147 | 珠海市乐通化工股份有限公司 2018 年年度报告全文 释义 | 释义项 | 指 | ...