河南华英农业发展股份有限公司 2017 年第三季度报告正文 河南华英农业发展股份有限公司 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。 公司负责人曹家富先生、主管会计工作负责人汪开江先生及会计机构负责 人(会计主管人员)杨宗山先生声明：保证季度报告中财务报表的真实、准确、完 整。 2 河南华英农业发展股份有限公司 2017 年第三季度报告正文 证券代码：002321 证券简称：华英农业 公告编号：2017-074 河南华英农业发展股份有限公司 2017 年第三季度报告正文 1 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） | 8,134,056,779.65 | | 6,2 ...

Financial Performance - The company's operating revenue for the first half of 2017 was approximately CNY 1.65 billion, representing a 56.44% increase compared to CNY 1.05 billion in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 75.21% to approximately CNY 16.87 million, down from CNY 68.05 million in the previous year[18]. - The net cash flow from operating activities was negative CNY 563.13 million, a decline of 582.54% compared to a positive cash flow of CNY 116.70 million in the same period last year[18]. - Basic earnings per share dropped by 75.20% to CNY 0.0316, down from CNY 0.1274 in the previous year[18]. - The net profit after deducting non-recurring gains and losses fell by 66.06% to approximately CNY 9.29 million, compared to CNY 27.37 million in the same period last year[18]. - The net profit for the same period was 30.24 million yuan, a year-on-year decrease of 56.18%[27]. - The net profit attributable to the parent company was 16.87 million yuan, down 75.21% year-on-year[27]. Assets and Liabilities - Total assets increased by 13.07% to approximately CNY 7.02 billion, compared to CNY 6.20 billion at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company slightly increased by 0.70% to approximately CNY 2.43 billion, compared to CNY 2.41 billion at the end of the previous year[18]. - The total liabilities increased significantly, with short-term borrowings rising to CNY 1,939,000,000.00, reflecting a growing need for working capital[56]. - The total liabilities increased to CNY 4,254,646,554.31 from CNY 3,473,217,744.93, which is an increase of approximately 22.45%[141]. Cash Flow - Cash and cash equivalents decreased by 506.95 million yuan, a decline of 20.92%, attributed to increased cash outflows for investments and inventory purchases[33]. - The company's cash and cash equivalents decreased to CNY 1,916,854,653.40, down 11.74% from CNY 2,423,808,014.00, primarily due to increased cash outflows for investments[56]. - The net cash flow from operating activities decreased significantly to CNY -563,131,738.34, a decline of 582.54% compared to CNY 116,702,408.53 in the previous year[53]. Market and Industry Insights - The poultry industry in China has shown significant growth, with duck meat production increasing from 1,917,400 tons in 2003 to 2,986,800 tons in 2013, a growth rate of 55.77%[28]. - The poultry market in China has substantial growth potential, with per capita consumption still significantly lower than that of developed countries[28]. - The company continues to focus on innovation, cost reduction, and market expansion despite challenges such as avian influenza and insufficient market demand[27]. Government Support and Subsidies - The company reported a non-recurring gain from government subsidies amounting to approximately CNY 8.44 million during the reporting period[22]. - The company received various government subsidies totaling 1,104.36 million yuan, which are related to revenue[24]. Operational Changes and Strategies - The company has established a complete industrial chain, enhancing production continuity and product quality[36]. - The company has implemented significant internal management reforms, enhancing operational efficiency and cost control measures[44]. - The company plans to enhance food safety measures and improve procurement strategies to mitigate risks associated with raw material price volatility[81]. - The company plans to enhance its market expansion strategies, focusing on increasing its agricultural product offerings in the upcoming quarters[171]. Shareholder and Equity Information - The company plans not to distribute cash dividends or issue bonus shares for this period[6]. - The total number of shares outstanding is 534,291,100, with 79.29% being unrestricted shares[120]. - The largest shareholder, Henan Huaying Poultry Industry Co., Ltd., held 15.73% of shares, totaling 84,053,334 shares, with 56,000,000 shares pledged[122]. Research and Development - Research and development expenses increased by 10.29% to CNY 905.81 thousand, focusing on disease prevention, feed-to-meat ratio experiments, and new product development[53]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product lines[171]. Social Responsibility and Community Engagement - The company completed the recruitment of over 617 local impoverished individuals, with a total salary disbursed of nearly 9 million yuan in the first half of the year[110]. - The company invested approximately 1,064.5 million yuan in 10 poverty alleviation projects, helping 946 registered impoverished individuals to escape poverty[111]. - The company has set a goal to ensure that each of the 121 impoverished households receives income above the poverty line[113]. Compliance and Governance - The half-year financial report was not audited[92]. - The company has not engaged in any related party transactions during the reporting period[98]. - There were no significant litigation or arbitration matters during the reporting period[94].

河南华英农业发展股份有限公司 2017 年第一季度报告正文 证券代码：002321 证券简称：华英农业 公告编号：2017-035 河南华英农业发展股份有限公司 2017 年第一季度报告正文 1 河南华英农业发展股份有限公司 2017 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。 公司负责人曹家富先生、主管会计工作负责人汪开江先生及会计机构负责 人(会计主管人员)杨宗山先生声明：保证季度报告中财务报表的真实、准确、完 整。 2 河南华英农业发展股份有限公司 2017 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） | 692,117,974.07 | 390, ...

Financial Performance - The company's operating revenue for 2016 was CNY 2,514,708,469.80, representing a 35.38% increase compared to CNY 1,857,499,503.11 in 2015[18]. - The net profit attributable to shareholders for 2016 was CNY 91,470,482.45, a significant increase of 423.21% from CNY 17,482,667.40 in 2015[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 40,020,585.68, up 273.23% from a loss of CNY 23,102,064.13 in 2015[18]. - Basic earnings per share for 2016 were CNY 0.171, an increase of 317.07% compared to CNY 0.041 in 2015[18]. - The company reported a significant increase in fixed assets by 27,321.42 million yuan due to the acquisition of Hangzhou Xintang Down Company[33]. - The company reported a net profit of 566.81 million CNY, an increase from 462.34 million CNY in 2015, representing a growth of approximately 22.5%[99]. - The total revenue for 2016 was 9.24 billion CNY, compared to 8.57 billion CNY in 2015, marking an increase of approximately 7.8%[99]. Cash Flow and Investments - The net cash flow from operating activities decreased by 55.07% to CNY 278,011,449.57 from CNY 618,771,985.09 in 2015[18]. - Operating cash inflow rose by 31.88% to ¥2,731,551,039.00, primarily driven by a substantial increase in operating revenue[73]. - Investment cash inflow plummeted by 97.04% to ¥5,035,332.64, largely due to the absence of previous year’s asset sales[73]. - Investment cash outflow surged by 181.90% to ¥674,220,636.15, driven by acquisitions and capital expenditures for new subsidiaries[73]. - The total investment amount for the reporting period reached ¥639,590,000.00, reflecting a significant increase of 4,487.85% compared to the previous year[78]. Assets and Liabilities - Total assets at the end of 2016 were CNY 6,204,092,752.93, a 24.99% increase from CNY 4,963,521,930.76 at the end of 2015[18]. - The company reported a total asset value of 2,815,016,000 CNY as of the end of 2016[176]. - The company has maintained a stable shareholding structure with no significant changes reported in the ownership of major shareholders[188]. Subsidiaries and Acquisitions - The company established several subsidiaries in 2016, including Jiangsu Huaying Shunchang Agricultural Development Co., which contributed a net profit of 2.06 million CNY[99]. - The company completed the acquisition of Jiangsu Huaying Shunchang Agricultural Development Co., Ltd. on July 10, 2016, for a total cost of 16,200,000.00 RMB, acquiring 51% equity[121]. - The company established several new subsidiaries, including Henan Huaying Jinxiu Grain Industry Co., Ltd. with a registered capital of 50 million RMB and a 52% ownership stake[124]. Market and Industry Position - The company continues to focus on its core business of duck and chicken breeding, incubation, and processing without major structural changes[27]. - The company is recognized as a leading enterprise in the poultry industry, with a strong brand presence and numerous national awards[35]. - The company has successfully exported products to Australia, New Zealand, and Hong Kong, and is a designated supplier for major events[36]. Risk Management - The company has identified risks such as economic demand fluctuations and raw material price volatility, and has detailed measures to address these risks in the report[4]. - The company has implemented strict quality control measures across all production stages, ensuring product safety and compliance with international standards[38]. Corporate Governance and Shareholder Relations - The company has committed to avoiding any actions that may harm the interests of minority shareholders and has adhered to this commitment during the reporting period[112]. - The company has a clear governance structure with independent directors and a compensation committee overseeing executive remuneration[198]. - The company has not engaged in any related party transactions during the reporting period[131][132]. Social Responsibility and Community Engagement - A total of CNY 1,649.2 million was allocated for poverty alleviation efforts, helping 1,234 registered impoverished individuals escape poverty[145]. - The company plans to lead over 2,000 impoverished households out of poverty in 2017, with an investment of over CNY 5 million in ecological poverty alleviation[147]. Future Outlook and Strategic Goals - The company aims to achieve a sales revenue of 10 billion CNY and a tax profit of 600 million CNY by 2021 as part of its "216" development goals[102]. - The company plans to expand its market presence through strategic partnerships and acquisitions in the agricultural sector[87]. - The company is focused on expanding its market presence and enhancing its product offerings in the agricultural sector[165].

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 1,054,098,590.22, representing a 13.58% increase compared to CNY 928,043,591.48 in the same period last year[21]. - The net profit attributable to shareholders of the listed company reached CNY 68,050,626.65, a significant increase of 223.69% from CNY 21,023,424.17 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 27,369,156.27, up 96.98% from CNY 13,894,590.25 in the same period last year[21]. - The basic earnings per share increased to CNY 0.1274, reflecting a growth of 157.89% compared to CNY 0.0494 in the previous year[21]. - The company's operating costs rose to CNY 949,579,105.08, reflecting a 19.39% increase, which is consistent with the growth in operating revenue[35]. - The total revenue from the livestock industry was ¥1,051,211,563.33, with a gross margin of 9.78%, representing a year-on-year revenue increase of 13.44%[39]. - Frozen duck products generated revenue of ¥654,229,051.52, with a gross margin of 12.27%, and a significant revenue increase of 37.38% compared to the previous year[39]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,576,019,450.87, a 12.34% increase from CNY 4,963,521,930.76 at the end of the previous year[21]. - The net assets attributable to shareholders of the listed company increased to CNY 2,385,928,497.39, marking a 61.23% rise from CNY 1,479,791,576.96 at the end of the previous year[21]. - The company's total liabilities were RMB 3,560,798,877.13, reflecting a stable financial position[126]. - The total current liabilities were RMB 2,800,000,000.00, with short-term borrowings at RMB 1,674,950,000.00, slightly up from RMB 1,673,050,000.00 at the beginning of the period[126]. Cash Flow - The net cash flow from operating activities was CNY 116,702,408.53, down 19.53% from CNY 145,017,228.89 in the same period last year[21]. - Cash flow from financing activities increased by 323.62% to ¥685,628,930.19, primarily due to the successful completion of a targeted stock issuance[36]. - The net increase in cash and cash equivalents was ¥638,229,707.21, reflecting a 482.47% increase attributed to the stock issuance[36]. - The company's cash and cash equivalents amounted to RMB 2,633,459,082.76, up from RMB 2,252,966,944.18, indicating an increase of about 16.9%[125]. Investments and Projects - The company completed the registration capital change, increasing from CNY 425.80 million to CNY 534.29 million following a non-public offering of new shares[18]. - The company has completed the investment in the Huaiyang 20 million chickens/year breeding project, achieving 101.54% of the planned investment[56]. - The project for the Huaiyang 20 million broiler chicken farm has not met expected benefits due to incomplete construction and low production capacity, resulting in high costs and low gross margins[57]. - The company has allocated CNY 6,184.58 million of unutilized funds from the Huaiyang project to the Heze 4.2 million meat duck farm project, which is currently under construction[60]. Market and Sales - The company established stable international markets in Japan, South Korea, and the EU, and formed long-term strategic partnerships with major domestic restaurant chains and supermarkets[31]. - The company achieved a stable growth in export revenue, particularly in cooked products, which gained recognition for quality and safety, contributing to better economic benefits[44]. - The company has developed a dual sales strategy that leverages both domestic and international markets, catering to different consumer preferences and increasing product value[44]. Corporate Governance and Shareholder Relations - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[7]. - The company has committed to strict adherence to its promises regarding shareholder returns during the reporting period[97]. - The company’s shareholder structure includes 4.96% held by state-owned legal entities and 15.78% by other domestic investors[106]. - The company’s controlling shareholder is the Huanchuan County Finance Bureau[163]. Compliance and Regulations - The financial report for the first half of 2016 was not audited[123]. - The company has not encountered significant changes in the feasibility of the revised projects[60]. - There were no violations of external guarantee regulations during the reporting period[93]. Future Outlook - The company plans to continue expanding its market presence and developing new products[157]. - The company is focusing on enhancing its operational efficiency and exploring potential mergers and acquisitions[157].

河南华英农业发展股份有限公司 2016 年第三季度报告正文 证券代码：002321 证券简称：华英农业 公告编号：2016-094 河南华英农业发展股份有限公司 2016 年第三季度报告正文 - 1 - 河南华英农业发展股份有限公司 2016 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。 公司负责人曹家富先生、主管会计工作负责人汪开江先生及会计机构负责 人(会计主管人员)杨宗山先生声明：保证季度报告中财务报表的真实、准确、完 整。 - 2 - 河南华英农业发展股份有限公司 2016 年第三季度报告正文 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 河南华英农业发展股份有限公司 2016 年第三季度报告正文 | 金使用方案》的通知，本公司 | | --- | | 收到现代畜牧业财政扶持政 | | 策资金 6.0 万元，系与收益相 | | 关的政府补助。 | | 3、根据本公司子公司陈州公 | | 司对淮阳县政 ...

河南华英农业发展股份有限公司 2016 年半年度报告全文 河南华英农业发展股份有限公司 2016 年半年度报告 2016-075 2016 年 08 月 1 河南华英农业发展股份有限公司 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。 公司负责人曹家富先生、主管会计工作负责人汪开江先生及会计机构负责 人(会计主管人员)杨宗山先生声明：保证本半年度报告中财务报告的真实、准确、 完整。 2 | 2016 | 半年度报告 2 | | --- | --- | | 第一节 | 重要提示、目录和释义 5 | | 第二节 | 公司简介 7 | | 第三节 | 会计数据和财务指标摘要 9 | | 第四节 | 董事会报告 22 | | 第五节 | 重要事项 31 | | 第六节 | 股份变动及股东情况 36 | | 第七节 | 优先股相关情况 36 | | 第八节 | ...

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。 公司负责人曹家富、主管会计工作负责人汪开江先生及会计机构负责人(会 计主管人员)杨宗山先生声明：保证季度报告中财务报表的真实、准确、完整。 河南华英农业发展股份有限公司 2016 年第一季度报告正文 证券代码：002321 证券简称：华英农业 公告编号：2016-036 河南华英农业发展股份有限公司 2016 年第一季度报告正文 1 河南华英农业发展股份有限公司 2016 年第一季度报告正文 第一节 重要提示 2 河南华英农业发展股份有限公司 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） | 390,211,194.73 | 470,9 ...

河南华英农业发展股份有限公司 2015 年年度报告全文 河南华英农业发展股份有限公司 2015 年年度报告 2016-026 2016 年 04 月 1 河南华英农业发展股份有限公司 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。 公司负责人曹家富先生、主管会计工作负责人汪开江先生及会计机构负责 人(会计主管人员)杨宗山先生声明：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。 可能存在经济需求波动的风险、原材料价格波动的风险、发生疫病的风险、 规模扩张引发的管理风险等，敬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 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 5 | | --- | --- | | 第二节 | 公司简介和主要财务指标 11 | | 第三节 | 公司业务概要 15 | | 第四节 | 管理层讨论与分析 31 | | 第五节 | 重要事 ...

Financial Performance - Net profit attributable to shareholders decreased by 79.47% to CNY 11,026,082.05 for the current period[8] - Operating revenue for the current period was CNY 497,076,127.09, a decrease of 3.27% year-on-year[8] - Basic earnings per share dropped by 79.37% to CNY 0.026, while year-to-date earnings per share increased by 2,400% to CNY 0.075[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 91.96% to CNY 4,225,951.74 for the current period[8] - The company reported a 67.62% decrease in non-operating income, primarily due to reduced government subsidies received[17] - Net profit for Q3 2015 was CNY 11,034,710.88, a significant decline of 79.5% compared to CNY 53,677,393.17 in Q3 2014[37] - The net profit for the current period is CNY 2,237,639.24, significantly lower than CNY 27,970,266.18 from the previous period, reflecting a decrease of approximately 92.0%[40] - The consolidated net profit for the current period is CNY 33,385,100.02, compared to CNY 2,265,488.57 in the previous period, marking a substantial increase of approximately 1,375.5%[44] Assets and Liabilities - Total assets increased by 13.83% to CNY 4,867,545,949.41 compared to the end of the previous year[8] - Total assets increased by 13.83% to 4,867.55 million yuan compared to the beginning of the year, with current assets up by 22.61% and non-current assets up by 3.50%[15] - Liabilities increased by 20.21% to 331,806.85 million yuan, with notes payable rising by 71.85% to 43,900.00 million yuan due to increased procurement payments settled via bank acceptance bills[16] - Total liabilities amounted to CNY 2,816,200,006.53, up from CNY 2,292,277,306.08 at the start of the year, reflecting a 22.9% increase[34] Cash Flow - Net cash flow from operating activities increased by 214.49% to CNY 136,665,150.59 year-to-date[8] - Operating cash flow increased by 214.49% to 93,208.90 million yuan, attributed to an 8.45% rise in revenue and reduced cash payments for raw materials[18] - Cash inflow from operating activities totaled 1,743,071,104.91 CNY, slightly up from 1,705,426,689.19 CNY in the previous year[48] - The net cash flow from operating activities was 136,665,150.59 CNY, significantly higher than 43,456,263.97 CNY in the previous period[48] - Cash outflow from investing activities resulted in a net cash flow of -45,656,342.77 CNY, an improvement from -248,639,068.63 CNY last year[49] - Cash inflow from financing activities was 1,507,116,578.04 CNY, compared to 1,336,551,642.38 CNY in the previous year[49] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 50,714[11] - The largest shareholder, Henan Huaying Poultry Industry Group, holds 19.74% of the shares[12] - The company committed to a cash dividend policy, ensuring that cash distributions will not be less than 10% of the annual distributable profit[24] Operational Developments - A new e-commerce platform is under development, expected to launch in mid-November 2015[20] - The company established a wholly-owned subsidiary for grain acquisition, storage, and sales with a registered capital of 8 million yuan[20] - The company acquired 100% of Heze Huayun Food Co., Ltd., which has completed the registration change process[19] Market Conditions - The poultry industry is showing signs of recovery, leading to increased sales volumes and prices, contributing to significant growth in operating performance[24] - The company acknowledges potential uncertainties in frozen duck and chicken prices, which may affect future performance[24] - The company has reported a decrease in the cost of feed raw materials, positively impacting profit margins[24] Inventory and Receivables - Accounts receivable increased by 41.74% to 20,688.20 million yuan, driven by higher sales volume and increased credit sales[15] - Inventory levels rose to CNY 584,408,217.03 from CNY 524,804,074.16, reflecting increased stock in response to higher demand[30] - The company's total operating income for the consolidated report is CNY 1,425,119,718.57, an increase of about 8.5% from CNY 1,314,091,367.02 in the previous period[42]