Financial Performance - The company's operating revenue for Q1 2019 was ¥3,141,996,049.85, representing a 3.10% increase compared to ¥3,047,638,544.98 in the same period last year[5]. - Net profit attributable to shareholders was ¥175,315,310.33, a 2.47% increase from ¥171,085,871.49 year-on-year[5]. - The net profit after deducting non-recurring gains and losses decreased by 10.71% to ¥138,753,732.72 from ¥155,391,354.85 in the previous year[5]. - Total operating revenue for Q1 2019 was CNY 3,141,996,049.85, an increase from CNY 3,047,638,544.98 in the same period last year, representing a growth of approximately 3.9%[31]. - Net profit for Q1 2019 was CNY 183,078,712.44, slightly down from CNY 184,859,704.36 in the previous year, reflecting a decrease of approximately 1%[32]. - The total comprehensive income for the quarter was CNY 171,221,371.54, compared to CNY 110,395,715.99 in the previous year, showing an increase in overall financial performance[33]. Cash Flow - The net cash flow from operating activities was -¥285,052,512.48, a significant decrease of 369.27% compared to ¥105,860,851.08 in the same period last year[5]. - Cash inflow from operating activities totaled CNY 3,512,901,050.02, slightly down from CNY 3,515,053,017.41 in the previous year[36]. - Total cash inflow from financing activities reached 3,714,545,942.73 CNY, up from 2,314,663,229.04 CNY year-over-year[38]. - Cash outflow from financing activities totaled 3,150,760,852.13 CNY, compared to 2,230,063,309.12 CNY in the previous year, reflecting increased financial obligations[38]. - The company reported a net cash flow from investment activities of -287,768,323.87 CNY, worsening from -174,893,750.66 CNY in the previous year[37]. Assets and Liabilities - Total assets at the end of the reporting period were ¥26,214,757,867.85, an increase of 5.03% from ¥24,959,826,418.28 at the end of the previous year[5]. - The total liabilities of the company as of March 31, 2019, were ¥15,796,892,473.96, compared to ¥14,736,164,745.30 at the end of 2018, which is an increase of about 7.2%[25]. - The company's total assets reached CNY 16,162,952,113.81, compared to CNY 15,717,652,179.86 at the end of the previous period, marking an increase of about 2.8%[30]. - Total liabilities amounted to CNY 8,129,410,379.56, an increase from CNY 7,623,273,747.56, which is an increase of approximately 6.6%[29]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 228,633[8]. - The largest shareholder, Shenzhen Huifengyuan Investment Co., Ltd., held 11.43% of the shares, amounting to 474,529,720 shares[8]. - The equity attributable to shareholders of the parent company rose to ¥10,066,923,796.32 from ¥9,877,625,371.54, reflecting an increase of approximately 1.9%[26]. Expenses and Investments - Development expenses decreased by 35.09% compared to the beginning of the period, mainly due to the capitalization of certain development expenses reaching the conditions for intangible assets[12]. - Cash paid for the acquisition of fixed assets, intangible assets, and other long-term assets increased by 107.07% compared to the same period last year, mainly due to increased investment in the recycling power ternary material precursor project (60,000 tons/year)[14]. - Cash paid for investments increased by 439.07% compared to the same period last year, primarily due to payments for acquiring minority equity in Jingmen Green Source Waste Residue and Waste Mud Environmental Disposal Co., Ltd. and investments in BAIC Penglong (Cangzhou) New Energy Vehicle Service Co., Ltd.[14]. Government Subsidies and Tax Refunds - The company received government subsidies amounting to ¥50,853,589.03, which are classified as regular gains[7]. - Tax refunds received increased by 2,157.15% compared to the same period last year, primarily due to an increase in export tax rebates received[12]. - The company received tax refunds amounting to CNY 241,779,806.25, compared to CNY 10,711,734.42 in the previous year, indicating a favorable tax position[36]. Operational Challenges - The net profit for the first quarter was a loss of CNY 85,727,221.93, compared to a profit of CNY 2,874,953.71 in the same period last year, indicating a decline in profitability[34]. - The operating profit for the quarter was CNY -87,687,867.23, a decrease from CNY 719,974.40 in the previous year, reflecting operational challenges[34]. - The company reported a significant increase in financial asset impairment losses, with credit impairment losses rising to CNY 13,050,968.65 from CNY 2,166,528.73 in the previous year, highlighting potential risks in asset quality[34]. Miscellaneous - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[21]. - There were no violations regarding external guarantees during the reporting period[21]. - The report indicates that the first quarter results were not audited[47]. - The company has implemented new financial instrument standards effective from January 1, 2019[44].

Dividend Distribution - The company plans to distribute a cash dividend of 0.3 yuan per 10 shares to all shareholders, based on a total of 4,150,926,073 shares[3]. - The cash dividend for 2018 represents 17.05% of the net profit attributable to ordinary shareholders, which is 730,314,864.92 CNY[139]. - The company has established a profit distribution policy ensuring that cash dividends will not be less than 15% of the distributable profits each year, and the cumulative cash dividends over three years will not be less than 45% of the average annual distributable profits[135]. - The total cash dividend for 2018 is 100% of the distributable profit, which is 227,233,016.00 CNY[140]. - The cash dividend distribution plan is designed to protect the interests of minority shareholders and ensure a stable return on investment[135]. Financial Performance - The company reported a total operating revenue for 2018 of ¥13,878,229,147.69, representing a 29.07% increase from ¥10,752,142,991.69 in 2017[14]. - Net profit attributable to shareholders was ¥730,314,864.92, up 19.66% from ¥610,339,253.39 in the previous year[14]. - The total profit for the year was CNY 90,686.14 million, up by CNY 11,140.20 million or 14.00% compared to the previous year[47]. - The net profit attributable to shareholders reached CNY 73,031.49 million, reflecting a growth of 19.66% year-on-year[47]. - The company achieved a basic earnings per share of ¥0.19, an 18.75% increase from ¥0.16 in 2017[15]. Research and Development - R&D investment reached 596 million yuan in 2018, a year-on-year increase of 63.13%[36]. - The company has established three research institutes and eight engineering testing centers focused on waste recycling and new materials[36]. - The number of R&D personnel rose by 14.56% to 968, representing 19.71% of the total workforce[80]. - Research and development expenses increased by CNY 124,261,775.70, or 41.88%, reflecting the company's intensified focus on battery materials and raw materials[78]. - The company is focusing on the research and development of new products in the energy materials sector, particularly in ternary power battery materials[101]. Environmental Compliance - The company reported a total COD discharge of 116.49 tons, with a permitted limit of 121.2 tons, indicating compliance with environmental standards[179]. - The company has implemented stringent standards for wastewater discharge, with COD limits set at 500 mg/L[182]. - The company achieved near "zero discharge" of wastewater in the production of ternary battery precursor materials through advanced technology, significantly reducing wastewater emissions[183]. - The company conducted 33 emergency drills for environmental incidents in 2018, enhancing employee response capabilities and reducing environmental risks[185]. - The company aims to maintain emissions of particulate matter below 120 mg/m³ across its facilities[182]. Business Expansion and Strategy - The company is actively expanding its new energy materials business, with core products occupying a leading position in the global market[21]. - The company signed a joint venture agreement to produce battery-grade nickel chemicals in Indonesia, with a capacity of 50,000 tons of nickel per year, enhancing resource and market integration[25]. - The company aims to create a full lifecycle value chain for new energy, focusing on battery recycling and material regeneration[25]. - The company plans to expand its cobalt, nickel, and tungsten product categories and enhance product quality to increase market share in the US, South Korea, and Japan[120]. - The company plans to upgrade its hard alloy business and establish a new base to enhance competitiveness[120]. Corporate Governance - The financial report is guaranteed to be true, accurate, and complete by the company's management[3]. - The company emphasizes that forward-looking statements do not constitute a substantive commitment to investors[3]. - The company has appointed a reputable accounting firm for auditing purposes[12]. - The company has established a dedicated investor relations team to handle inquiries[9]. - The company has committed to maintaining transparency and compliance in its dividend distribution process, ensuring that minority shareholders have the opportunity to express their opinions[136]. Market Position and Competitive Edge - The company holds over 1,660 core patents and has achieved significant technological advancements in waste recycling, including international recognition[21]. - The company's ultra-fine cobalt powder holds a market share of over 50% in the domestic market and 20% internationally, positioning it among the top in the industry[28]. - The company has formed stable supply relationships with international mining giants such as Glencore and China Molybdenum, ensuring strategic supply of cobalt and nickel raw materials[41]. - The company has established a comprehensive electronic waste recycling chain, enhancing operational efficiency and mitigating risks associated with reduced electronic waste processing volumes[29]. - The company has established a strong foundation in the resource recycling industry, with various subsidiaries contributing to its overall performance[166]. Risk Management - The company faces risks from macroeconomic changes and intensified industry competition, necessitating adjustments in technology, management, and marketing to maintain competitiveness[128][129]. - Financial risks are anticipated due to increased project investments and operational costs, prompting the company to explore diverse financing channels and cost control measures[131]. - The company plans to strengthen internal controls and financial management to address the challenges posed by its expanding operational scale[130]. - The company will implement a unified distribution system to promote a performance-based incentive structure across all subsidiaries[126]. - The company is committed to enhancing its core competitiveness in the new energy materials and nickel-cobalt resource sectors to mitigate industry competition risks[129].

格林美股份有限公司 2018 年第三季度报告正文 证券代码：002340 证券简称：格林美 公告编号：2018-091 格林美股份有限公司 2018 年第三季度报告正文 1 格林美股份有限公司 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：保证季度报告中财务报表的真实、准确、完整。 2 格林美股份有限公司 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） | 25,668,153,354.77 | | 22,250,514,881.48 | 15.36% | | ...

格林美股份有限公司 2018 年半年度报告全文 深交所 A 股上市公司 股票代码：002340 格林美股份有限公司 公司存在的风险详细内容见本报告"第四节经营情况讨论与分析"—"十、 公司面临的风险和应对措施"，敬请广大投资者注意。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2018 年半年度报告 二〇一八年八月 1 格林美股份有限公司 2018 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：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。 本年度报告中涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资 者的实质承诺，敬请投资者注意投资风险。 2 | 第一节 重要提示、目录和释义 1 | | --- | | 第二节 公司简介和主要财务指标 6 | | 第三节 公司业务概要 9 | | 第四节 经营情况讨论与分析 ...

格林美股份有限公司 2017 年年度报告全文 深交所 A 股上市公司 股票代码：002340 格林美股份有限公司 2017 年年度报告 二零一八年四月 1 格林美股份有限公司 2017 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：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。 本年度报告中涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资 者的实质承诺，敬请投资者注意投资风险。 公司存在的风险详细内容见本报告"第四节经营情况讨论与分析"—"九、公 司未来发展的展望"—"（四）公司面临的主要风险及应对措施分析"，敬请广大 投资者注意。 公司经本次董事会审议通过的利润分配预案为：以 3,815,910,339 股为基数， 向全体股东每 10 股派发现金红利 0.26 元（含税），送红股 0 股（含税），不以公 积金转增股本。 2 | ...

格林美股份有限公司 2018 年第一季度报告正文 证券代码：002340 证券简称：格林美 公告编号：2018-027 格林美股份有限公司 2018 年第一季度报告正文 1 格林美股份有限公司 2018 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：保证季度报告中财务报表的真实、准确、完整。 2 格林美股份有限公司 2018 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） | 3,047,638,544.98 | 1,692,627,343.39 | 80.05% | | 归属于上市公司股东的净利润（ ...

格林美股份有限公司 2017 年第三季度报告正文 证券代码：002340 证券简称：格林美 公告编号：2017-145 格林美股份有限公司 2017 年第三季度报告正文 1 格林美股份有限公司 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：保证季度报告中财务报表的真实、准确、完整。 2 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 未亲自出席董事姓名 未亲自出席董事职务 未亲自出席会议原因 被委托人姓名 李映照 独立董事 个人原因 吴树阶 格林美股份有限公司 2017 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 格林美股份有限公司 2017 年第三季度报告正文 开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益的项目，应 说明原因 √ 适用 ...

格林美股份有限公司 2017 年半年度报告全文 深交所 A 股上市公司 股票代码：002340 格林美股份有限公司 2017 年半年度报告 二零一七年八月 1 格林美股份有限公司 2017 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：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。 本年度报告中涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资 者的实质承诺，敬请投资者注意投资风险。 公司存在的风险详细内容见本报告"第四节经营情况讨论与分析"—"十、 公司面临的风险和应对措施"，敬请广大投资者注意。 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 | | 第三节 | 公司业务概要 8 | | 第四 ...

格林美股份有限公司 2017 年第一季度报告正文 证券代码：002340 证券简称：格林美 公告编号：2017-058 格林美股份有限公司 2017 年第一季度报告正文 1 格林美股份有限公司 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主 管人员)穆猛刚声明：保证季度报告中财务报表的真实、准确、完整。 2 格林美股份有限公司 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） | 1,692,627,343.39 | 1,231,711,694.89 | 37.42% | | ...

格林美股份有限公司 2016 年年度报告全文 深交所 A 股上市公司 股票代码：002340 格林美股份有限公司 2016 年年度报告 二零一七年四月 1 格林美股份有限公司 2016 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。 公司负责人许开华、主管会计工作负责人宋万祥及会计机构负责人(会计主管人员)穆猛 刚声明：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。 本年度报告中涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 公司存在的风险详细内容见本报告"第四节经营情况讨论与分析"—"九、公司未来发展的 展望"—"（四）公司面临的主要风险及应对措施分析"，敬请广大投资者注意。 公司经本次董事会审议通过的利润分配预案为：以 2,935,315,646 为基数，向全体股东每 10 股派发现金红利 0.10 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 ...