Financial Performance - The company's operating revenue for the first half of 2020 was ¥173,645,830.15, a decrease of 5.78% compared to ¥184,300,600.07 in the same period last year[16]. - The net profit attributable to shareholders was a loss of ¥19,126,760.62, which is a 16.12% increase in loss compared to a loss of ¥16,471,239.32 in the previous year[16]. - The company reported total revenue of CNY 174.66 million, a decrease of 6.23% year-on-year[38]. - Net profit attributable to shareholders was CNY -19.13 million, down 16.12% compared to the previous year[38]. - The company reported a net profit of approximately 34.52 million RMB from its subsidiary Tianjin Saixiang Electromechanical Engineering Co., Ltd, despite a loss of 2.05 million RMB[67]. - The company reported a total of 10,403,283.99 CNY in penalties related to legal disputes[82]. - The total comprehensive loss for the first half of 2020 was CNY 20.33 million, compared to a loss of CNY 16.09 million in the same period of 2019[146]. Cash Flow and Assets - The net cash flow from operating activities increased by 38.72% to ¥64,247,066.14, up from ¥46,315,659.38 in the same period last year[16]. - Cash and cash equivalents at the end of the reporting period amounted to ¥282,131,783.03, representing 17.69% of total assets, an increase of 1.20% compared to the previous year[47]. - The company achieved a net cash flow from operating activities of CNY 64.25 million, up 38.72% from the previous year, due to accelerated collection of receivables[40]. - The company's cash and cash equivalents increased to CNY 224,650,362.46 from CNY 172,718,424.48, representing a growth of about 30.1%[140]. - The total cash and cash equivalents at the end of the first half of 2020 amounted to CNY 280,311,455.58, an increase from CNY 240,383,200.96 at the end of the first half of 2019[154]. Research and Development - The company increased R&D investment by 37.36% to CNY 20.18 million, reflecting a commitment to innovation[40]. - The company focuses on the tire machinery industry, specializing in the R&D, manufacturing, and service of key intelligent equipment for radial tires, with a commitment to innovation and customer needs[24]. - The company has established a strategic layout in automation, robotics, and IoT, focusing on continuous R&D innovation, quality improvement, and efficient after-sales service as key performance drivers[29]. Market and Industry Position - The tire industry in China has seen rapid growth, maintaining its position as the world's largest tire producer and rubber consumer since 2006, with increasing demand for high-quality tire machinery[27]. - The company has a high market share in specialized products and is recognized as a leading brand in the domestic and international tire machinery industry[33]. - Domestic sales accounted for 95.70% of total revenue, increasing by 47.39% year-on-year, while export sales plummeted by 89.57%[42]. Legal and Compliance Issues - The company is actively pursuing the enforcement of a court judgment related to a loan dispute, with an involved amount of 13.27 million yuan[79]. - The company is involved in multiple legal proceedings with a total of 4,293,552.88 yuan in claims against various parties, highlighting its active legal strategy[81]. - The company has not experienced any major litigation or arbitration matters during the reporting period[79]. Risk Management - The company faces risks including fluctuations in raw material prices and increases in accounts receivable[4]. - The company has strengthened its accounts receivable management to improve cash flow and financial stability[31]. - The company aims to mitigate risks associated with price fluctuations and market liquidity in its derivative trading activities[60]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company is actively pursuing market dynamics to fill order gaps and improve sales performance amid challenging conditions[37]. - The company is focusing on automation and smart logistics solutions in tire production, aiming to improve efficiency and reduce operational risks[34]. Financial Management - The company has established long-term strategic partnerships with key domestic clients, enhancing its market position[34]. - The company has implemented measures to optimize costs and improve asset management, which are expected to enhance performance in the second half of the year[37]. - The company has a projected annualized return of 7.70% for its investment plans[106]. Shareholder Information - The total number of shares is 588,615,750, with 99.85% being unrestricted shares[114]. - The company has not reported any changes in shareholding structure or significant shareholder movements[114]. - The total number of common shareholders at the end of the reporting period is 64,858[117]. Environmental and Social Responsibility - The company does not belong to the key pollutant discharge units as published by the environmental protection department[108]. - There are currently no plans for targeted poverty alleviation initiatives[109]. - The company has not reported any significant environmental issues[108].

证券代码：002337 证券简称：赛象科技 公告编号：2020-031 1 天津赛象科技股份有限公司 关于举行投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 天津赛象科技股份有限公司（以下简称"公司"）已于2020年4月11日披露 了2019年年度报告。为了便于广大投资者更深入全面地了解公司情况，公司将于 2020年6月10日（周三）15:00-16:30在全景网举办2019年度天津辖区网上集体接 待日活动。 本次活动将采用网络远程的方式举行，投资者可登录"全景•路演天下" （ http://rs.p5w.net）参与本次互动交流。 欢迎广大投资者积极参与。 特此公告。 天津赛象科技股份有限公司 董事会 2020 年 6 月 4 日 ...

Financial Performance - The company's operating revenue for Q1 2020 was ¥42,452,038.45, a decrease of 4.35% compared to ¥44,383,927.35 in the same period last year[7] - The net profit attributable to shareholders was -¥10,675,454.80, an improvement of 57.09% from -¥24,880,927.97 year-on-year[7] - The basic earnings per share improved by 50.00%, from -¥0.04 to -¥0.02[7] - The company expects a net profit for the first half of 2020 to be between -¥2,366.25 million and -¥1,576.56 million, impacted by rising operational costs due to trade tensions and the pandemic[18] - The net profit for the first quarter of 2020 was -7,984,815.40 CNY, compared to -17,025,073.01 CNY in the same period last year, showing an improvement of approximately 53%[49] - Net loss for Q1 2020 was CNY 11,022,963.51, compared to a net loss of CNY 25,186,010.55 in the previous period, indicating an improvement[44] - Operating profit for the first quarter was -8,777,041.61 CNY, an improvement from -17,427,823.02 CNY year-over-year[48] - The company reported a total comprehensive income of -7,984,815.40 CNY for the quarter, compared to -17,025,073.01 CNY in the same quarter last year, showing a significant improvement[49] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 54.87% to ¥20,892,031.36, down from ¥46,294,114.75 in the previous year[7] - Cash and cash equivalents decreased by 36.58% to ¥121,659,078.99 due to increased investments in securities and derivatives[15] - The cash and cash equivalents at the end of the period were 118,667,413.64 CNY, down from 163,486,127.11 CNY, indicating a decrease of approximately 27.5%[53] - The company received cash from sales of goods and services amounting to 164,966,127.29 CNY, compared to 146,605,608.65 CNY in the previous year, marking an increase of about 12.4%[51] - The company paid 88,651,085.77 CNY for goods and services, which is an increase from 64,668,466.10 CNY year-over-year, reflecting a rise of approximately 37%[52] - The total cash inflow from operating activities was 169,793,628.30 CNY, compared to 153,688,498.28 CNY in the previous year, reflecting an increase of approximately 10.5%[51] - Cash outflow from operating activities totaled 148,901,596.94 CNY, up from 107,394,383.53 CNY, representing an increase of about 38.6%[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,589,266,571.29, reflecting a 0.73% increase from ¥1,577,745,054.25 at the end of the previous year[7] - The total amount of entrusted financial management reached 226 million CNY, with an unexpired balance of 297.57 million CNY[23] - The total liabilities increased from RMB 269,731,200.80 at the end of 2019 to RMB 292,275,681.35 as of March 31, 2020[36] - The company's total assets reached RMB 1,589,266,571.29, up from RMB 1,577,745,054.25 at the end of 2019[37] - The company's inventory increased from RMB 265,075,212.22 at the end of 2019 to RMB 307,634,273.48 by March 31, 2020[34] - The company reported a decrease in accounts receivable from RMB 319,947,822.09 at the end of 2019 to RMB 247,886,995.54 as of March 31, 2020[34] - The total liabilities were reported at 269,731,200.80 CNY, indicating no change from the previous reporting period[60] Investments and Financial Management - The company received government subsidies amounting to ¥439,294.67 during the reporting period[8] - Trading financial assets increased by 31.19% to ¥390,390,993.45, primarily due to increased purchases of securities and derivatives[15] - Investment income increased by 417.77% to ¥1,180,602.06, driven by the maturity of purchased securities and derivatives[15] - The company reported a total investment in derivatives of 14.76 million CNY, with a net investment amount of 9.16 million CNY[25] - The company has implemented strict risk management measures for derivative investments, including a prohibition on leveraged investments[25] - The company has established a financial derivatives trading management system to control transaction risks and ensure compliance with internal policies[25] - The report highlights that there were no significant risks or potential impairments in entrusted financial management[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 68,607[11] - The largest shareholder, Tianjin Saixiang Venture Capital Co., Ltd., holds 32.15% of the shares, totaling 189,230,000 shares[11] Regulatory and Compliance - The company has not yet audited the first quarter report, which may affect the reliability of the financial data presented[63] - The company has adopted new revenue and leasing standards starting from 2020, which may impact future financial reporting[57] - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[27][28]

Financial Performance - The company's operating revenue for 2019 was CNY 527,453,764.38, representing a 17.19% increase compared to CNY 450,080,247.37 in 2018[16] - The net profit attributable to shareholders for 2019 was CNY 10,892,368.52, a significant increase of 47.01% from CNY 7,409,246.27 in 2018[16] - The net cash flow from operating activities reached CNY 87,287,816.78, marking a substantial increase of 224.47% compared to CNY 26,901,486.11 in 2018[16] - The basic earnings per share for 2019 was CNY 0.02, doubling from CNY 0.01 in 2018[16] - The company reported a net profit of CNY 16,622,630.83 in Q4 2019, showing a recovery trend after losses in the earlier quarters[20] - The company experienced a 53.30% improvement in net profit after deducting non-recurring gains and losses, with a loss of CNY 1,639,248.86 in 2019 compared to a loss of CNY 3,436,296.62 in 2018[16] - The company achieved a total operating revenue of ¥531.35 million in 2019, representing a year-on-year increase of 16.96%[44] - The net profit attributable to shareholders reached ¥10.89 million, marking a significant year-on-year growth of 47.01%[44] Assets and Liabilities - Total assets at the end of 2019 amounted to CNY 1,577,745,054.25, reflecting a 3.35% increase from CNY 1,526,630,715.79 at the end of 2018[16] - The net assets attributable to shareholders at the end of 2019 were CNY 1,220,483,082.56, a slight increase of 0.55% from CNY 1,213,772,842.83 in 2018[16] - The company’s debt restructuring loss in 2019 was -9,406,885.48, indicating a significant financial challenge[22] Dividends - The company plans to distribute a cash dividend of CNY 0.2 per 10 shares, based on a total of 588,615,750 shares[5] - The cash dividend for 2019 represents 108.08% of the net profit attributable to shareholders, indicating a high payout ratio[106] - The cash dividend for 2017 was 0.1 yuan per 10 shares, amounting to 588,615.75 yuan, which represented 40.61% of the net profit attributable to shareholders[106] - The total cash dividends distributed over the last three years show a significant increase from 588,615.75 yuan in 2017 to 11,772,315 yuan in 2019[106] Research and Development - The company’s core competitive advantages include its strong R&D capabilities, having established a national-level enterprise technology center and a post-doctoral research workstation[36] - The company holds 83 valid invention patents, including 6 foreign patents, and has 75 software copyrights[37] - Research and development expenses increased by 34.11% to CNY 44,734,153.63 in 2019, up from CNY 33,355,312.77 in 2018[58] - The number of R&D personnel rose by 17.28% to 285 in 2019, representing 30.42% of the total workforce[61] - The company plans to increase R&D investment and expand its technology and process teams to optimize product structure and improve automation control levels in tire manufacturing equipment[90] Market Position and Strategy - The company has positioned itself as a leader in the tire machinery industry, with a focus on automation, robotics, and IoT technologies[33] - The company has established strategic partnerships with leading tire manufacturers across over 20 countries and regions, expanding its customer base significantly[26] - The company’s market share in the domestic forming machine market has further increased, solidifying its leading position[28] - The company is focusing on the development of intelligent equipment and services, transitioning from "equipment supplier" to "intelligent equipment + service provider"[37] - The tire industry in China is expected to continue its growth trajectory, with increasing demand for high-quality tire machinery due to structural adjustments in the industry[30] Operational Efficiency - The newly developed upgraded three-drum type all-steel radial tire forming machine has a maximum production capacity of 170 tires per shift, enhancing production efficiency by 20%[28] - The company achieved a 20% increase in production efficiency for its newly designed tire machinery while maintaining customer process requirements[59] - The company’s operating model is based on "sales-driven production," ensuring high-quality customized equipment for clients[27] Financial Management - The company has committed to using idle funds for low-risk financial products, ensuring no high-risk investments are made[111] - The company has fulfilled its commitments regarding non-competition and the use of proprietary technology, ensuring long-term interests are protected[110] - The company has engaged in entrusted financial management with a total amount of CNY 105,740 million, including CNY 95,040 million in bank financial products[142] - The company has no overdue amounts in its entrusted financial management activities[142] Legal and Compliance - The company is currently involved in several lawsuits, with one case involving a claim of ¥1,326,670 related to a loan dispute[123] - The company has faced multiple legal disputes involving significant amounts, indicating potential risks in receivables management[125] - The company is actively pursuing legal remedies to recover outstanding debts from various parties involved in contract disputes[126] - The independent directors have not faced any penalties from regulatory bodies, ensuring compliance and governance integrity[180] Corporate Governance - The company has a clear governance structure, with a board of directors, supervisory board, and management team operating independently[198] - The board of directors consists of five members, including two independent directors, ensuring compliance with legal requirements[195] - The company has maintained a stable management structure with no significant changes in senior management roles during the reporting period[176] Social Responsibility and Sustainability - The company emphasizes environmental protection by using energy-efficient and low-emission equipment in its operations[153] - The company actively participates in social welfare activities, including poverty alleviation and disaster relief[152] - The company has established ISO14001 and ISO45001 certifications to enhance environmental protection and occupational health and safety management[146] Employee Management - The total number of employees in the company is 937, with 473 in production, 60 in sales, 285 in technical roles, 20 in finance, and 99 in administration[189] - The company emphasizes continuous employee training to enhance skills and improve productivity, aligning with strategic goals[191] - The remuneration structure includes basic salary, performance bonuses, allowances, and year-end rewards, tailored to different job levels[190]

Financial Performance - Operating revenue decreased by 48.12% to CNY 64,612,372.34 for the current period[7] - Net profit attributable to shareholders decreased by 18.96% to CNY 10,740,977.01 for the current period[7] - Net cash flow from operating activities showed a significant decline of 413.91%, resulting in a negative CNY 33,737,821.11[7] - Total operating revenue for Q3 2019 was CNY 65,548,317.55, a decrease of 47.4% compared to CNY 124,549,546.42 in the same period last year[39] - Net profit for Q3 2019 was CNY 10,324,103.72, a decline of 24.5% from CNY 13,676,138.18 in Q3 2018[40] - Total operating revenue for the period was ¥251,809,120.36, a decrease of 5.4% compared to ¥266,961,981.28 in the previous period[46] - Net profit for the period was a loss of ¥5,763,491.89, an improvement from a loss of ¥13,777,188.75 in the previous period[48] - The company reported a comprehensive income total of ¥-5,763,491.69, compared to ¥-13,737,378.09 in the previous period, indicating a significant reduction in losses[49] Assets and Liabilities - Total assets increased by 3.23% to CNY 1,575,891,521.50 compared to the end of the previous year[7] - Cash and cash equivalents decreased by 62.08% to ¥52,682,130.89 due to an increase in financial products[15] - Total liabilities increased to ¥281,493,067.32 from ¥222,286,640.98, an increase of about 26.6%[31] - Total current assets as of September 30, 2019, amounted to ¥1,264,457,075.19, an increase from ¥1,168,416,561.38 as of December 31, 2018, representing an increase of approximately 8.5%[29][30] - The total assets of the company amounted to ¥1,526,630,715.79, with total liabilities at ¥222,286,640.98, resulting in a debt-to-asset ratio of approximately 14.5%[66] Shareholder Information - The total number of shareholders at the end of the reporting period was 72,348[11] - The largest shareholder, Tianjin Saixiang Venture Capital Co., Ltd., holds 32.15% of the shares[11] - There were no significant changes in the shareholding structure or any repurchase agreements among the top shareholders during the reporting period[12] Cash Flow - Cash and cash equivalents decreased to ¥52,682,130.89 from ¥138,926,551.22, a decline of approximately 62%[29] - The company reported a significant increase in cash received from operating activities, totaling ¥438,048,840.97, compared to ¥362,160,349.00 in the previous year, marking an increase of approximately 21%[60] - The net cash flow from operating activities increased significantly to ¥100,067,319.37, compared to ¥26,242,643.54 in the previous year, representing a growth of approximately 280%[60] - The net cash flow from financing activities was -¥1,283,589.79, a decrease from -¥6,534,346.63 in the same period last year, indicating improved cash management[61] Investment and Income - The company reported a total non-recurring gains and losses of CNY 3,178,000.03 for the year-to-date[8] - Investment income surged by 3232.39% to ¥12,372,977.90, attributed to equity changes in joint ventures[15] - The company achieved an investment income of ¥12,372,977.90, a significant increase from ¥371,294.12 in the previous period[46] Expenses - Total operating costs for Q3 2019 were CNY 66,117,490.57, down 38.0% from CNY 106,754,035.71 year-on-year[39] - Research and development expenses for Q3 2019 were CNY 8,634,282.55, up from CNY 8,035,423.57 in the previous year, indicating a focus on innovation[39] - Sales expenses increased to ¥32,733,300.84 from ¥29,020,171.55, representing an increase of 9.4%[46] - Management expenses decreased to ¥42,711,293.70 from ¥44,888,330.86, a reduction of 4.9%[46] Other Financial Metrics - Basic earnings per share remained stable at CNY 0.02, with a 66.67% increase compared to the same period last year[7] - The weighted average return on net assets was 0.89%, an increase of 0.78% compared to the previous year[7] - The company reported a tax expense of ¥-1,241,635.12, compared to ¥-2,223,596.25 in the previous period, indicating a decrease in tax liabilities[48] - The company recorded a 100% increase in asset impairment losses due to changes in impairment methods under new financial standards[15] Miscellaneous - The company has no violations regarding external guarantees during the reporting period[22] - The company has engaged in entrusted wealth management with a total amount of ¥74,040,000, with an unexpired balance of ¥29,140,000[25] - The company did not conduct any research, communication, or interview activities during the reporting period[24] - The third quarter report was not audited, indicating a potential area for further scrutiny[71]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥184,300,600.07, representing a 29.41% increase compared to ¥142,412,434.86 in the same period last year[17]. - The net profit attributable to shareholders was -¥16,471,239.32, an improvement of 41.88% from -¥28,339,863.57 year-on-year[17]. - The net cash flow from operating activities was ¥46,315,659.38, a significant increase of 471.98% compared to -¥12,451,200.44 in the previous year[17]. - The total assets at the end of the reporting period were ¥1,562,382,417.29, up 2.34% from ¥1,526,630,715.79 at the end of the previous year[17]. - The net assets attributable to shareholders decreased by 1.70% to ¥1,193,119,474.77 from ¥1,213,772,842.83 at the end of the previous year[17]. - The basic and diluted earnings per share were both -¥0.03, showing a 40.00% improvement from -¥0.05 in the same period last year[17]. - The weighted average return on equity improved to -1.37%, up by 1.00% from -2.37% year-on-year[17]. - The company reported a total of ¥333,687,600.00 in new financial assets purchased during the period[49]. - The company expects to achieve a net profit of between -9.26 million and 6.43 million RMB for the first nine months of 2019, indicating a turnaround from a loss of 15.09 million RMB in the same period last year[68]. Market and Industry Position - The company focuses on the rubber machinery industry, specializing in the R&D, manufacturing, and service of key intelligent equipment for radial tires, with a commitment to innovation and quality[25]. - The company has developed a new generation of high-performance radial tire forming machines, achieving international leading levels in technology and quality[26]. - The company has established strategic partnerships with leading tire manufacturers across over 20 countries and regions, enhancing its market presence[25]. - The company is leveraging the "Belt and Road" initiative to explore new markets and projects, responding to the increasing demand for intelligent manufacturing in the tire industry[27]. - The company aims to transition from an "equipment supplier" to an "intelligent equipment and service supplier," integrating IoT and robotics into its offerings[30]. Research and Development - The company has 81 valid invention patents, including 6 foreign patents, and has received multiple national awards for technological advancements[30]. - The company is actively investing in IoT and automation technologies to enhance equipment automation and drive performance improvements[27]. - The company has implemented a customized production model based on order-driven sales, ensuring high-quality and tailored solutions for clients[26]. - Research and development expenses were RMB 14.69 million, a decrease of 5.19% compared to the previous year[39]. - The company is focusing on enhancing its research and development capabilities to drive future growth and innovation[156]. Financial Management and Strategy - The company has implemented cost reduction measures, resulting in a 4.03% decrease in sales expenses and a 7.50% decrease in management expenses[39]. - The company established a cost optimization team to analyze operations and enhance efficiency, aiming to eliminate cost waste from the source[36]. - The company’s cash flow management strategies have resulted in a net increase in cash and cash equivalents of ¥120,358,582.48 for the first half of 2019, compared to a mere ¥3,865,937.17 in the same period of 2018[147]. - The company has committed to not engaging in competitive activities with its own products and has made various commitments regarding the use of idle funds and investment strategies[76]. - The company has maintained a long-term commitment to ensure the effective use of idle funds and will not invest in high-risk financial products[76]. Legal and Compliance Issues - The company is involved in a lawsuit with Tianjin Saixiang Rongtong Microfinance Co., Ltd. for a loan principal of CNY 10 million and interest of CNY 3,066,666.67[81]. - The court ruled on November 28, 2016, ordering Tianjin Saixiang Rongtong Microfinance Co., Ltd. to pay the company, but the opposing party has not complied with the judgment[81]. - The company has applied for enforcement of the judgment and has taken preservation measures against the assets of the defendants[81]. - The company continues to monitor and manage its legal risks associated with these litigations[81]. - The company has no significant litigation or arbitration matters during the reporting period[80]. Shareholder and Equity Information - The total number of shares is 588,615,750, with 99.85% being unrestricted shares[108]. - The largest shareholder, Tianjin Saixiang Venture Investment Co., Ltd., holds 32.15% of the shares, totaling 189,230,000 shares[111]. - The total number of common shareholders at the end of the reporting period is 74,315[111]. - There are no significant changes in shareholding structure or other major matters during the reporting period[104]. - The company has not implemented any stock incentive plans or employee shareholding plans during the reporting period[86]. Asset and Liability Management - Total liabilities increased to CNY 278,308,066.83 from CNY 222,286,640.98, representing a growth of approximately 25.24%[129]. - Current liabilities totaled CNY 276,577,066.83, up from CNY 220,382,390.98, indicating an increase of around 25.5%[128]. - The company's total equity decreased to CNY 1,284,074,350.46 from CNY 1,304,344,074.81, a decline of approximately 1.5%[129]. - The total actual guarantee amount during the reporting period is 1 million yuan[98]. - The actual guarantee balance for subsidiaries at the end of the reporting period is 1.3 million yuan, which accounts for 1.09% of the company's net assets[98]. Operational Efficiency - The company has successfully upgraded its ISO certification from ISO9001:2008 to ISO9001:2015, enhancing its quality management systems[31]. - The company achieved total operating revenue of RMB 184.30 million, an increase of 29.41% compared to the same period last year[38]. - The company reported a significant increase in accounts receivable, with CNY 244,585,352.87 compared to CNY 267,790,986.86, indicating a decrease of about 8.66%[132]. - The company has experienced an increase in confirmed revenue orders, a decrease in management costs, and an increase in foreign exchange gains due to holding foreign currencies[69]. - The company expects significant production value growth in the second half of the year due to concentrated shipments[36].

Financial Performance - The company's operating revenue for Q1 2019 was ¥44,383,927.35, a decrease of 51.88% compared to ¥92,241,297.59 in the same period last year[7] - The net profit attributable to shareholders was -¥24,880,927.97, representing a decline of 65.01% from -¥15,078,243.52 year-on-year[7] - The basic earnings per share were -¥0.04, a decrease of 33.33% from -¥0.03 in the same period last year[7] - Revenue decreased by 51.88% to ¥44,383,927.35, attributed to a decline in shipment volume as per contract agreements[15] - The company expects a net loss of between ¥-3,354.18 million and ¥-1,018.05 million for the first half of 2019, compared to a net loss of ¥-2,833.99 million in the same period of 2018[19] - The net profit for the first quarter of 2019 was -17,025,073.01 CNY, compared to -13,644,629.01 CNY in the same period last year, indicating a decline of approximately 24.5%[43] - Operating profit for the first quarter was -17,427,823.02 CNY, which is a decrease from -13,726,577.45 CNY year-over-year[43] - The company reported a total comprehensive income of -17,025,073.01 CNY for the quarter, compared to -13,644,629.01 CNY in the same period last year[44] Cash Flow and Liquidity - The net cash flow from operating activities increased by 217.97%, reaching ¥46,294,114.75, compared to -¥39,243,912.58 in the previous year[7] - Cash and cash equivalents increased by 44.91% to ¥201,319,081.60 due to an increase in sales orders[15] - The net cash flow from operating activities for Q1 2019 was ¥132,671,368.88, a significant improvement compared to a net outflow of ¥6,189,760.56 in Q1 2018[51] - Total cash inflow from operating activities was ¥227,606,817.74, while cash outflow was ¥94,935,448.86, resulting in a net cash inflow[51] - The cash and cash equivalents at the end of the period totaled ¥137,333,082.43, up from ¥93,238,120.26 at the beginning of the period[52] - The company reported a decrease in cash and cash equivalents of ¥4,336,055.06 due to exchange rate fluctuations[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,543,934,339.85, an increase of 1.13% from ¥1,526,630,715.79 at the end of the previous year[7] - The net assets attributable to shareholders decreased by 2.05%, amounting to ¥1,188,898,915.06 compared to ¥1,213,772,842.83 at the end of the previous year[7] - Total liabilities as of March 31, 2019, were CNY 264,776,275.40, up from CNY 222,286,640.98, indicating an increase of approximately 19.1%[30] - The company's total assets reached CNY 1,543,934,339.85, compared to CNY 1,526,630,715.79 as of December 31, 2018, marking a growth of about 1.13%[31] - The total equity attributable to shareholders decreased to CNY 1,188,891,915.06 from CNY 1,213,772,842.83, a decline of approximately 2.05%[31] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 83,720[11] - The largest shareholder, Tianjin Saixiang Venture Capital Co., Ltd., held 32.15% of the shares, amounting to 189,230,000 shares[11] - There were no agreed repurchase transactions among the top 10 shareholders during the reporting period[12] Operational Metrics - Operating costs fell by 50.44% to ¥31,284,667.08, following the trend of revenue decline[15] - Financial expenses decreased by 32.08% to ¥6,167,502.69, mainly due to exchange rate fluctuations[15] - Investment income increased by 76.58% to ¥228,016.72, primarily from increased earnings from joint ventures[15] - Other income decreased by 79.76% to ¥709,593.57, mainly due to a reduction in government subsidies received[15] - Research and development expenses for Q1 2019 were CNY 8,130,138.85, compared to CNY 7,309,146.85 in the previous period, indicating an increase in R&D investment[37] Non-Recurring Items - The company reported non-recurring gains and losses totaling ¥964,054.40 for the reporting period[8] - The company reported a significant increase in advance receipts, which rose to CNY 66,434,663.01 from CNY 15,676,956.69, reflecting a growth of about 323.5%[30] Compliance and Standards - The company did not undergo an audit for the Q1 2019 report, indicating that the figures are unaudited[53] - The company has not applied new financial instrument standards or new revenue recognition standards for the current reporting period[53]

Financial Performance - The company's operating revenue for 2018 was ¥450,080,247.37, a decrease of 20.62% compared to ¥566,973,802.43 in 2017[17]. - The net profit attributable to shareholders for 2018 was ¥7,409,246.27, down 48.89% from ¥14,495,738.78 in 2017[17]. - The net cash flow from operating activities decreased by 75.90% to ¥26,901,486.11 from ¥111,638,696.23 in the previous year[17]. - The basic earnings per share for 2018 was ¥0.01, a decline of 50.00% compared to ¥0.02 in 2017[17]. - Total assets at the end of 2018 were ¥1,526,630,715.79, a decrease of 7.95% from ¥1,658,406,755.06 at the end of 2017[17]. - The net assets attributable to shareholders at the end of 2018 were ¥1,213,772,842.83, showing a slight decrease of 0.05% from ¥1,214,327,681.75 in 2017[17]. - The company achieved total operating revenue of CNY 454.30 million in 2018, a decrease of 20.41% year-on-year[36]. - Net profit attributable to shareholders was CNY 7.41 million, down 48.89% compared to the previous year[36]. - The company’s revenue from specialized equipment manufacturing was CNY 449.82 million, accounting for 99.94% of total revenue, with a year-on-year decline of 20.65%[39]. - Export sales amounted to CNY 259.64 million, representing 57.69% of total sales, down 26.36% year-on-year[40]. - Domestic sales were CNY 190.44 million, making up 42.31% of total sales, with a decrease of 11.17% compared to the previous year[40]. Strategic Focus and Development - The company focuses on the development and manufacturing of key intelligent equipment for radial tires, with a product range that includes fully automatic tire forming machines and AGV mobile robots, serving over 20 countries[26]. - The company aims to transition from an "equipment supplier" to an "intelligent equipment + service supplier," integrating IoT and robotics into its offerings[32]. - The company is positioned as a leader in the rubber machinery industry, benefiting from the increasing demand for high-quality and efficient equipment due to industry structural adjustments[28]. - The company has established strategic partnerships with leading tire manufacturers, enhancing its market presence and customer base[27]. - The company is focusing on the development of AGV mobile robots and intelligent logistics systems to expand its market presence[36]. - The company emphasizes continuous innovation and quality service as key drivers for performance improvement[29]. Research and Development - The company has developed new generation high-performance tire forming machines, achieving international leading levels in technology and quality[27]. - The number of R&D personnel increased by 8.00% to 243 in 2018, representing 29.00% of the total workforce[51]. - R&D expenses amounted to ¥33,355,312.77, a decrease of 11.64% compared to ¥37,750,604.19 in 2017, with R&D investment accounting for 7.41% of revenue[49][51]. - The company continues to apply IoT technology to enhance the efficiency and stability of rubber machinery equipment[50]. Financial Management and Risks - The company faces risks related to raw material price fluctuations, exchange rate fluctuations, and increasing accounts receivable[4]. - The company recorded a goodwill impairment provision of CNY 2.43 million in 2018, bringing the total accumulated impairment to CNY 80.32 million since 2015[36]. - The company has a high overall quality of accounts receivable, with a low probability of bad debts due to long-term customer relationships, although risks exist from market competition[85]. - The company will enhance accounts receivable management and incentivize sales personnel to accelerate cash collection to mitigate risks[85]. - The company reported an investment loss of ¥4,553,760.72, accounting for -32.33% of total profit[55]. Legal and Compliance Issues - The company is involved in multiple lawsuits with a total claimed amount of approximately CNY 13.27 million (1,326.67 thousand for one case and 673.33 thousand for another) related to loan agreements[100]. - The company has obtained court judgments requiring repayment of loans totaling CNY 10 million and CNY 5 million, along with interest and legal fees[100]. - The company has incurred legal costs amounting to CNY 120,000 and CNY 60,000 in different cases, which may affect overall profitability[100]. - The company is pursuing forced execution of court judgments due to non-compliance by the defendants, which may impact cash flow[100]. - The company has taken precautionary measures, including asset preservation, to secure its claims in ongoing legal disputes[100]. Shareholder and Governance - The company has not proposed any cash dividend distribution plan for the last three years, focusing on operational needs instead[91]. - The company has committed to not engage in competitive business activities that may conflict with its interests, ensuring long-term benefits for shareholders[92]. - The company has maintained a consistent approach to not distribute cash dividends in 2016, 2017, and 2018, prioritizing operational funding[89]. - The company emphasizes fair treatment of all shareholders, particularly minority shareholders, during general meetings[161]. - The company has established a complete and independent business, asset, personnel, institutional, and financial system, ensuring autonomous operational capabilities[165]. Internal Control and Audit - The audit opinion issued by Dahua Accounting Firm was a standard unqualified opinion, confirming the financial statements fairly reflect the company's financial position[184]. - The internal control evaluation report indicated that all significant aspects of internal controls were effective as of December 31, 2018[177]. - The company has established internal control measures in accordance with the Basic Norms for Enterprise Internal Control[177]. - The company’s management is responsible for maintaining effective internal controls and ensuring the accuracy of the internal control evaluation report[176]. Employee and Social Responsibility - The company has implemented a comprehensive employee welfare system, including labor contracts, social insurance, and various employee benefits[123]. - The company actively participates in social welfare activities, including donations to children's welfare institutions and disaster relief efforts[123]. - The company emphasizes continuous employee training to enhance skills and improve production efficiency[158]. - The total number of employees in the company is 838, with 613 in the parent company and 225 in major subsidiaries[155].

证券代码：002337 证券简称：赛象科技 公告编号：2018-038 天津赛象科技股份有限公司 2018 年第三季度报告正文 1 天津赛象科技股份有限公司 2018 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。 天津赛象科技股份有限公司 2018 年第三季度报告正文 所有董事均已出席了审议本次季报的董事会会议。 公司负责人张晓辰、主管会计工作负责人焦君涵及会计机构负责人(会计主 管人员)运乃云声明：保证季度报告中财务报表的真实、准确、完整。 2 天津赛象科技股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,585,714,677.37 | 1,658,406,755.06 | | -4.38% | | 归 ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥142,412,434.86, a decrease of 19.57% compared to ¥177,063,035.92 in the same period last year[17]. - The net profit attributable to shareholders was -¥28,339,863.57, representing a decline of 160.81% from ¥46,603,804.99 in the previous year[17]. - The net cash flow from operating activities was -¥12,451,200.44, down 116.08% from ¥77,413,017.26 in the same period last year[17]. - The basic earnings per share were -¥0.05, a decrease of 162.50% compared to ¥0.08 in the previous year[17]. - The company achieved total revenue of 142.41 million yuan in the first half of 2018, a year-on-year decrease of 19.57%[35]. - The net profit attributable to shareholders was -28.34 million yuan, representing a year-on-year decline of 160.81%[35]. - The company reported a net profit loss forecast for the first nine months of 2018, estimated between -39.19 million to -15.87 million yuan, compared to a profit of 63.88 million yuan in the same period of 2017[63]. - The total comprehensive income for the period was -25,931,356.85 CNY, compared to 49,511,594.23 CNY in the previous period[136]. - The company reported a profit distribution of CNY -5,886,150, which includes the allocation to shareholders[153]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,622,440,022.12, a decrease of 2.17% from ¥1,658,406,755.06 at the end of the previous year[17]. - The net assets attributable to shareholders were ¥1,180,093,066.01, down 2.82% from ¥1,214,327,681.75 at the end of the previous year[17]. - The company's total equity decreased to CNY 1,246,962,699.17 from CNY 1,278,780,213.52, a decline of 2.48%[128]. - Total liabilities rose to CNY 299,080,897.63, up from CNY 243,895,945.22, marking an increase of 22.56%[128]. - The company's total equity attributable to the parent company's owners at the end of the period was 1,334,353,397.00 yuan, reflecting a decrease from the previous period[145]. Cash Flow - Cash inflow from operating activities totaled 273,786,932.34 CNY, a decrease from 323,472,956.92 CNY year-over-year[139]. - The net cash flow from operating activities was -12,451,200.44 CNY, down from 77,413,017.26 CNY in the previous period[139]. - Cash inflow from investment activities was 136,552,803.64 CNY, compared to 388,669,900.00 CNY in the previous period[140]. - The net cash flow from investment activities was 16,272,307.35 CNY, a significant improvement from -97,310,476.23 CNY year-over-year[140]. - The company reported a decrease in cash inflow from sales of goods and services, which was 222,359,843.99 CNY compared to 189,333,580.96 CNY in the previous period[138]. Business Operations - The main business remains focused on the rubber machinery industry, specifically on the R&D and manufacturing of key intelligent equipment for radial tires[24]. - The company continues to serve a global customer base, primarily consisting of well-known tire manufacturers[24]. - The company focuses on "order-based production" to provide personalized key intelligent equipment through efficient and standardized information processes[26]. - The company has developed multiple series of intelligent equipment for radial tires, with most products being domestic firsts and achieving international leading quality[26]. - The company is leveraging advanced technologies such as AGV mobile robots and automated logistics to create intelligent tire factories[32]. Research and Development - The company holds 80 valid invention patents, including 5 foreign patents, and has received numerous national awards for technological advancements[30]. - The company emphasizes continuous innovation and has established a national-level enterprise technology center to drive research and development[29]. - Research and development expenses fell by 12.73% to $15.50 million, down from $17.76 million in the previous year[37]. - The company has developed new products including fully automatic tire forming machines and engineering tire production lines in the past two years[158]. Legal and Compliance - The company has not experienced any major litigation or arbitration matters during the reporting period[74]. - The company has taken legal actions to enforce a court judgment related to a loan dispute, indicating active management of its financial risks[74]. - The company is involved in multiple legal disputes with total claims exceeding 10 million CNY, including penalties and legal fees[76]. - The company has incurred significant legal costs, including 120,000 CNY in one case and 60,000 CNY in another, highlighting the financial burden of litigation[75]. Shareholder Information - The total share count of 588,615,750, with 99.83% being unrestricted shares[102]. - The largest shareholder, Tianjin Saixiang Venture Investment Co., Ltd., holds 32.15% of the shares, amounting to 189,230,000 shares[106]. - The company did not conduct any repurchase transactions among the top 10 shareholders during the reporting period[107]. Corporate Governance - The company has committed to not engaging in any competitive business activities that could conflict with its interests, ensuring long-term stability[70]. - There were no stock incentive plans, employee stock ownership plans, or other employee incentive measures implemented during the reporting period[80]. - The company has not reported any new product developments or technological advancements in the current financial period[150]. Market and Economic Conditions - The company faces risks related to raw material price fluctuations and increasing accounts receivable[4]. - The company is actively responding to challenges from rising raw material prices and trade tensions by optimizing supplier management and improving manufacturing efficiency[35]. - The company reported a high overall quality of accounts receivable, with a low probability of bad debts, but acknowledged potential risks from market competition and macroeconomic factors[64].