Financial Performance - Total assets increased by 16.37% to CNY 1,838,607,913.87 compared to the end of the previous year[8] - Net profit attributable to shareholders decreased by 6.99% to CNY 45,810,075.11 for the current period[8] - Operating income for the current period rose by 2.02% to CNY 221,055,372.95, while year-to-date revenue increased by 12.85% to CNY 728,010,551.53[8] - Basic earnings per share decreased by 5.88% to CNY 0.16, while diluted earnings per share remained the same[8] - The weighted average return on equity was 3.02%, down by 1.09% compared to the previous year[8] - Operating profit rose by 31.92% to ¥179,397,782.82, mainly due to increased taurine prices and higher gross margins[17] - The estimated net profit attributable to shareholders for 2018 is expected to be between RMB 179.75 million and RMB 213.04 million, representing a year-on-year increase of 35% to 60%[25] - The increase in net profit is primarily attributed to the growth in taurine-related performance, excluding the impact of the merger with Hubei Ling'an Technology Co., Ltd.[25] Cash Flow and Investments - Net cash flow from operating activities surged by 1,072.24% to CNY 84,317,177.86 for the current period[8] - Net cash flow from operating activities increased by 184.87% to ¥241,538,005.60, attributed to higher sales revenue and increased tax refunds[17] - Total investment in the taurine food additives project reached ¥5.4 billion after an additional investment of ¥210 million[18] - The company plans to invest RMB 26 million in Hubei Ling'an Technology Co., Ltd., becoming a new shareholder[25] - Total entrusted financial management amount reached CNY 42,306.8 million, with an outstanding balance of CNY 28,306.8 million[32] - The company invested CNY 9,796 million in bank financial products and CNY 32,510.8 million in broker financial products[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 30,961[12] - The largest shareholder, Chen Yong, holds 21.54% of the shares, with 63,468,000 shares, of which 47,601,000 are frozen[12] - The company’s total share capital increased from 196,455,000 shares to 294,682,500 shares following a capital reserve conversion plan approved at the 2017 annual general meeting[21] Research and Development - R&D expenses surged by 1053.48% to ¥22,152,549.71, driven by new research projects and ongoing trial expenditures[17] Project Developments - The company has completed the trial production conditions confirmation for the annual production of 30,000 tons of taurine food additive project, which is now ready for trial production[19] - The company received the food production license for the annual production of 30,000 tons of taurine food additive project from the Hubei Provincial Food and Drug Administration[19] - The company has successfully passed the fire safety acceptance for the taurine food additive project, receiving the relevant approval from the local fire department[19] - The company plans to expand its production capacity to meet the growing demand for taurine in the market[18] Financial Management Strategies - The company plans to continue expanding its financial management strategies with a focus on high-return products[32] - The company has a strategy to diversify its financial investments to mitigate risks associated with high-risk products[32] Market and Competitive Landscape - The company is focusing on the demand and competitive landscape of the taurine market, particularly in the feed industry[35] - The company is assessing the impact of the U.S.-China trade war on its business and market conditions[35] - The company is tracking the progress of its epoxy ethane production and sales amid fluctuating market prices[36] Corporate Governance and Transparency - The company has not reported any violations regarding external guarantees during the reporting period[29] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[30] - The company is committed to transparency through regular communication with investors and stakeholders regarding project updates and financial performance[35] Strategic Initiatives - The company is exploring potential mergers and acquisitions to enhance market presence and expand its product offerings[36] - The company is actively engaging in risk investment and financial management, with updates on patent infringement lawsuits in the U.S.[36]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 506,955,178.58, representing an increase of 18.33% compared to CNY 428,440,271.59 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 106,018,492.55, a significant increase of 48.52% from CNY 71,382,649.78 year-on-year[17]. - The net profit after deducting non-recurring gains and losses was CNY 99,420,354.70, up 71.66% from CNY 57,916,291.27 in the previous year[17]. - The net cash flow from operating activities was CNY 157,220,827.74, which is a 102.62% increase compared to CNY 77,595,787.66 in the same period last year[17]. - Basic earnings per share increased to CNY 0.37, reflecting a growth of 48.00% from CNY 0.25[17]. - Total operating revenue for the first half of 2018 was CNY 506,955,178.58, an increase of 18.3% compared to CNY 428,440,271.59 in the same period last year[137]. - Net profit for the first half of 2018 reached CNY 105,653,374.04, representing a 47.7% increase from CNY 71,562,638.48 in the previous year[139]. - The company reported an operating profit of CNY 126,582,246.51, which is a significant increase of 62.5% from CNY 77,778,221.49 in the previous period[137]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,740,380,210.57, an increase of 10.16% from CNY 1,579,917,773.10 at the end of the previous year[17]. - The total liabilities as of the end of the reporting period were CNY 232,963,302.77, compared to CNY 224,300,300.67, indicating a slight increase of 3.7%[136]. - Owner's equity increased from ¥1,344,686,808.26 to ¥1,498,229,281.03, representing a growth of approximately 11.4%[132]. - The company's total assets decreased by 62.69% in other non-current assets, primarily due to reduced prepayments for projects and equipment[41]. - The total liabilities increased from ¥235,230,964.84 to ¥242,150,929.54, a rise of about 2.0%[131]. Market Position and Operations - The company holds approximately 50% of the global market share in taurine production, with over 80% of its products exported[26]. - The construction of a new project for an annual production capacity of 30,000 tons of taurine food additives has been completed, increasing total taurine capacity to 64,000 tons[31]. - The pharmaceutical manufacturing sector contributed ¥389,513,022.71, accounting for 76.83% of total revenue, with a year-on-year growth of 23.00%[38]. - The company is expanding its health food business and has developed 183 OEM products during the reporting period[32]. Research and Development - Research and development expenses increased by 46.77% to ¥16,568,388.68, driven by new research projects[34]. - The company has filed for a patent on a new method for taurine production, enhancing its competitive edge[28]. Cash Flow and Investments - The net cash flow from investment activities was -¥132,825,575.10, worsening from -¥114,912,102.53 in the previous period[147]. - Cash inflow from investment activities totaled ¥343,661,629.99, down from ¥359,368,197.49, reflecting a decrease of 4.4%[147]. - The company has invested 408.33 million RMB in the annual production project of 30,000 tons of taurine food additives, achieving 95.00% of the project progress[57]. Legal and Compliance - The company is involved in a patent infringement lawsuit in the U.S. but has not yet received a judgment[73]. - The company has committed to not using idle raised funds for permanent working capital or repaying bank loans[69]. - There were no major litigation or arbitration matters during the reporting period[72]. Shareholder Information - Major shareholder Chen Yong holds 21.54% of the shares, with a total of 63,468,000 shares, including a freeze on 15,867,000 shares[115]. - The total number of shares held by directors and senior management increased from 45,711,637 to 68,567,455 shares[122]. - The company’s total share capital increased by 50% due to the profit distribution plan[110]. Environmental and Safety Measures - The company has established a new wastewater treatment plant that meets all processing requirements, ensuring compliance with environmental regulations[61]. - The company has implemented safety measures, including the integration of raw material storage tanks and the installation of independent safety systems to mitigate environmental and safety risks[61]. Financial Reporting and Accounting Policies - The financial report for the first half of 2018 has not been audited[127]. - The company’s accounting policies comply with the requirements of the Accounting Standards for Business Enterprises, reflecting its financial position as of June 30, 2018[170]. - The company includes all subsidiaries in its consolidated financial statements, ensuring uniform accounting policies across the group[175].

Financial Performance - The company's revenue for Q1 2018 was ¥227,975,737.91, representing a 27.58% increase compared to ¥178,685,525.10 in the same period last year[8]. - Net profit attributable to shareholders for Q1 2018 was ¥45,281,978.12, a significant increase of 73.91% from ¥26,037,497.01 in the previous year[8]. - The net profit after deducting non-recurring gains and losses reached ¥42,026,874.13, marking a 135.37% increase from ¥17,855,833.22 year-on-year[8]. - Basic earnings per share for Q1 2018 were ¥0.23, up 76.92% from ¥0.13 in the previous year[8]. - Operating profit increased by 111.35% to 54,266,645.92, driven by higher sales prices of taurine and improved gross margins[18]. - Net profit rose by 70.66% to 45,022,659.45, reflecting the increase in total profit[18]. - The company expects net profit attributable to shareholders for the first half of 2018 to be between 99.9357 million and 135.627 million yuan, representing a year-on-year increase of 40% to 90%[29]. - The increase in net profit is primarily due to stable production and sales of taurine and high prices, along with reduced losses from the ethylene oxide facility running continuously in the second quarter[29]. Cash Flow and Assets - The net cash flow from operating activities was ¥52,715,644.74, a turnaround from a negative cash flow of -¥27,495,886.51 in the same period last year, indicating a 291.72% improvement[8]. - Total assets at the end of the reporting period were ¥1,653,203,579.80, reflecting a 4.64% increase from ¥1,579,917,773.10 at the end of the previous year[8]. - Net assets attributable to shareholders increased by 7.88% to ¥1,446,793,918.37 from ¥1,341,120,538.86 at the end of the previous year[8]. - The total initial investment in assets amounted to 17,331,854.36, with a fair value change loss of -231,354.23 during the reporting period[32]. - The company purchased assets worth 12,955,911.02 and sold assets totaling 12,724,089.64 in the reporting period[32]. - The cumulative investment reached 17,390,391.51, with a total revenue of 237,531.29 recorded[32]. Shareholder Information - The total number of shareholders at the end of the reporting period was 23,739, with the largest shareholder holding 21.54% of the shares[12]. - Shareholder Shenzhen Shangyuan Capital Management Co., Ltd. reduced its holdings by 8,949,278 shares (4.56% of total shares) from August 4, 2017, to January 18, 2018, and further reduced by 3,231,600 shares (1.64% of total shares) from February 5 to February 13, 2018[24]. - The company initiated a stock incentive plan in 2016, granting 9.455 million restricted shares at a price of 13.52 RMB per share[22]. - The company plans to unlock 4.7275 million shares of restricted stock on February 14, 2018, accounting for 2.4064% of the total share capital of 196.455 million shares[23]. Project Development - The company plans to invest a total of 540 million RMB in the taurine food additive project to meet market demand[19]. - The taurine food additive project is in the final stages of construction, with some production lines entering trial operation[20]. - Construction in progress increased by 100.72% to 310,866,062.34, attributed to expenditures for the annual production of 30,000 tons of taurine food additives[17]. Regulatory and Compliance - The company received a warning from the Hubei Securities Regulatory Bureau for failing to report significant shareholding changes in a timely manner, as the shareholder's stake decreased by 5.1194% without proper disclosure[25]. - The company has commitments from its actual controllers and shareholders to avoid competing businesses, ensuring no direct or indirect participation in any competing activities[27]. - The company is in compliance with its commitments regarding the avoidance of competition and has not faced any overdue commitments during the reporting period[28]. - There were no instances of non-compliance with external guarantees during the reporting period[33]. - The company did not experience any non-operational fund occupation by controlling shareholders or related parties[34]. Market Conditions and Risks - The company is actively monitoring the market conditions and potential impacts on its financial performance due to fluctuations in raw material and product prices[29]. - The company faces risks from potential exchange losses if the RMB continues to appreciate against the USD, as most export sales are settled in USD[29]. Other Financial Information - The company received government subsidies amounting to ¥1,064,323.82 during the reporting period, contributing to its financial performance[9]. - The weighted average return on net assets was 3.32%, an increase of 1.27% compared to 2.05% in the previous year[8]. - Derivative financial assets increased to 57,360.00, primarily due to futures investments[17]. - Other receivables rose by 61.42% to 16,556,889.06, mainly due to a significant increase in export tax rebates[17]. - The company engaged in multiple investor communications, including site visits and phone calls, to discuss production capacity and market demand for taurine[35].

Financial Performance - The company's operating revenue for 2017 was CNY 932,771,728.82, representing a 69.78% increase compared to CNY 549,399,724.97 in 2016[16]. - The net profit attributable to shareholders for 2017 was CNY 133,150,739.85, a significant increase of 113.74% from CNY 62,297,040.94 in 2016[16]. - The net profit after deducting non-recurring gains and losses reached CNY 125,687,608.43, up 208.84% from CNY 40,697,259.72 in 2016[16]. - The basic earnings per share for 2017 was CNY 0.71, an increase of 115.15% compared to CNY 0.33 in 2016[16]. - The total assets at the end of 2017 amounted to CNY 1,579,917,773.10, reflecting a 24.08% increase from CNY 1,273,318,351.68 at the end of 2016[16]. - The net assets attributable to shareholders increased by 14.30% to CNY 1,341,120,538.86 from CNY 1,173,339,319.77 in 2016[16]. - The operating profit for 2017 was CNY 151,822,165.80, reflecting a growth of 142.65% year-on-year[32]. - The net cash flow from operating activities for 2017 was CNY 197,318,497.43, a 133.42% increase from CNY 84,534,206.66 in 2016[16]. Revenue Breakdown - The revenue from the pharmaceutical manufacturing sector was ¥726,273,335.19, accounting for 77.86% of total revenue, with a year-on-year growth of 56.72%[40]. - The revenue from the epoxy ethane segment surged by 294.39% to ¥133,078,208.26, compared to ¥33,743,116.34 in the previous year[40]. - The company’s domestic revenue increased by 96.63% to ¥344,498,252.01, while international revenue grew by 57.21% to ¥588,273,476.81[40]. Investments and Projects - The company invested ¥5.4 billion in a new production line for taurine, which is expected to enhance competitiveness and production capacity[35]. - The company is advancing a project for the annual production of 30,000 tons of taurine food additives, which is currently in the installation and debugging phase[29]. - The company is constructing a project with an annual production capacity of 30,000 tons of taurine food additives, with a total investment of CNY 265,780,000[64]. Risk Management - The company has identified potential risks including safety, environmental, operational, exchange rate, and management risks in its future outlook[5]. - The company faces operational risks due to significant fluctuations in the ethylene oxide market, which may impact the achievement of business goals[75]. - The company is exposed to exchange rate risks as a significant portion of its revenue is settled in USD, leading to potential foreign exchange losses[75]. Corporate Governance - The company has established a comprehensive corporate governance structure to protect shareholder rights and ensure fair information disclosure[123]. - The board of directors has set up four specialized committees to improve operational efficiency and governance standards[180]. - The company has established an independent and complete financial accounting system and management system, ensuring independent financial decision-making[187]. Employee Management - The total number of employees in the company is 857, with 746 in the parent company and 111 in major subsidiaries[172]. - The company has implemented a performance-related salary policy to enhance employee motivation and satisfaction, alongside providing various benefits[173]. - The annual training plan includes 4 new employee orientation sessions, 30 job skills training sessions, and 16 quality system and GMP training sessions[174]. Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, with a capital reserve increase of 5 shares for every 10 shares held[4]. - The company has implemented a cash dividend policy, distributing a total of 19,645,500 CNY in 2017, which represents 14.75% of the net profit attributable to ordinary shareholders[81]. - The company reported a total distributable profit of 483,171,626.19 yuan for the period[85]. Research and Development - The company has filed for multiple patents related to taurine production technology and has registered 27 trademarks for its INNOVITE series[29]. - The company implemented seven R&D projects and achieved five technical results, including two invention patents filed[53]. - Research and development investment increased by 34.20% to ¥29,278,536.75, while the proportion of R&D investment to operating income decreased to 3.14% from 3.97%[54]. Environmental and Social Responsibility - The company has established a quality management system to ensure product quality, with a focus on supplier audits and raw material procurement management[126]. - The company invested over 10 million yuan in environmental protection facilities, including upgrades to the online monitoring system for wastewater[126]. - The company actively engages in social responsibility by publicly displaying real-time monitoring data for wastewater and air emissions[131].

Financial Performance - Operating revenue for the period reached CNY 216,683,015.43, a 56.06% increase year-on-year [8] - Net profit attributable to shareholders surged by 190.09% to CNY 49,254,483.96 for the quarter [8] - The net profit after deducting non-recurring gains and losses increased by 370.39% to CNY 47,033,541.39 [8] - Basic earnings per share rose by 177.78% to CNY 0.25 [8] - Net profit rose by 139.98% to ¥120,641,765.15, driven by increased total profit [18] - Operating income grew by 50.57% to ¥645,123,287.02, attributed to rising taurine prices and increased operational time for the ethylene oxide project [17] - Basic earnings per share increased by 125.93% to ¥0.61, reflecting the growth in net profit [18] - The estimated net profit attributable to shareholders for 2017 is expected to increase by 160% to 210%, amounting to between CNY 161.97 million and CNY 193.12 million [27] - The net profit for 2016 attributable to shareholders was CNY 62.30 million [27] - The increase in net profit is primarily due to the rise in taurine sales prices and increased operating time of the ethylene oxide unit, leading to reduced losses [27] Assets and Liabilities - Total assets increased by 18.40% to CNY 1,507,643,226.21 compared to the end of the previous year [8] - Accounts receivable increased by 60.71% to ¥114,370,769.67 due to higher sales revenue and delayed payments [16] - Prepayments surged by 415.27% to ¥103,531,647.44 primarily due to advance payments for a new taurine food additive project [16] - Total liabilities increased significantly, with other payables rising by 6741.15% to ¥135,137,893.38 due to liabilities recognized for stock repurchase obligations [16] Cash Flow - Cash flow from operating activities decreased by 47.81% to CNY 7,192,841.89 [8] - Cash flow from investment activities showed a net outflow of ¥170,094,827.41, a 396.21% increase compared to the previous period, mainly due to increased financial management scale and cash payments for long-term assets [19] - Cash and cash equivalents net increase decreased by 69.94% to ¥10,482,630.96, primarily due to increased cash outflows for long-term asset investments [19] Shareholder Information - The total number of shareholders at the end of the period was 17,594 [12] - The largest shareholder, Chen Yong, holds 21.54% of the shares, with 42,312,000 shares, of which 31,734,000 are frozen [12] Corporate Actions and Agreements - The company completed the grant and registration of a stock incentive plan, issuing 9.455 million restricted shares at a price of ¥13.52 per share [20] - The company signed a one-year renewal of the Equipment Processing and Manufacturing Framework Agreement with Huanggang Yong'an Medical Equipment, with a related party transaction amount of CNY 1,303,750 for the period from January to September 2017 [21] - The company renewed the Technical Cooperation Framework Agreement with Huanggang Yong'an Pharmaceutical for one year, with a related party transaction amount of CNY 1,259,717.04 for the period from January to September 2017 [21] Market and Operational Insights - The company is expanding its 30,000-ton taurine food additive project, with ongoing progress updates communicated throughout the year [33] - The company has been involved in legal proceedings in the U.S. related to patent infringement, with updates provided during multiple communications [33] - The company has been actively monitoring the taurine market, including price increases and demand growth, through various research activities [33] - The company has communicated its first-quarter performance and half-year performance forecast, indicating positive growth expectations [33] - The company has engaged in discussions regarding its stock incentive plan and the implementation progress of restricted stock grants [33] - The company has been tracking the production status of its ethylene oxide project, which is related to its taurine production [33] - The company has received inquiries about the impact of rising taurine prices on its order structure and overall industry conditions [33] - The company has been in contact with institutions to assess the market conditions and order signing status for taurine products [33] Compliance and Commitments - The company has committed to avoiding any business activities that may compete with its own products during the period of being a shareholder or actual controller [25] - The company has fulfilled its commitments to minority shareholders during the reporting period [26] - The company reported no violations regarding external guarantees during the reporting period [31] - There were no non-operating fund occupations by controlling shareholders or their affiliates during the reporting period [32] Government Support - The company reported government subsidies of CNY 4,577,871.46 recognized during the period [9] Profitability Metrics - The company’s gross profit margin improved, contributing to a 172.81% increase in operating profit to ¥139,033,121.83 [18] - The weighted average return on equity improved to 4.11%, up from 2.60% in the previous year [8] Financial Assets - The company reported a fair value change of CNY 511,054.79 for its financial assets during the reporting period [29] - The total investment in financial assets amounted to CNY 16,121,683.87, with a cumulative investment income of CNY 647,739.40 [29]

Financial Performance - The company's operating revenue for the first half of 2017 was RMB 428,440,271.59, representing a 46.77% increase compared to RMB 291,908,106.16 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was RMB 71,382,649.78, a significant increase of 106.78% from RMB 34,521,106.01 year-on-year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 57,916,291.27, up 153.47% from RMB 22,849,643.35 in the previous year[18]. - The net cash flow from operating activities was RMB 77,595,787.66, an increase of 29.05% compared to RMB 60,128,906.91 in the same period last year[18]. - The total assets at the end of the reporting period were RMB 1,445,770,675.42, reflecting a 13.54% increase from RMB 1,273,318,351.68 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were RMB 1,234,579,826.45, which is a 5.22% increase from RMB 1,173,339,319.77 at the end of the previous year[18]. - The basic earnings per share for the reporting period was RMB 0.35, a 94.44% increase from RMB 0.18 in the same period last year[18]. - The diluted earnings per share also stood at RMB 0.35, reflecting the same growth of 94.44% compared to RMB 0.18 in the previous year[18]. - The weighted average return on net assets was 5.87%, an increase of 2.82% from 3.05% in the same period last year[18]. Cash Flow and Investments - The company reported a significant increase in cash flow from operating activities, which rose by 29.05% to CNY 77,595,787.66, primarily due to increased receivables[38]. - The company experienced a 210.01% increase in cash outflow from investing activities, totaling CNY -114,912,102.53, mainly due to increased financial management scale and cash payments for long-term asset acquisitions[38]. - The net cash flow from investment activities was -¥114,912,102.53, worsening from -¥37,067,815.47 year-on-year[138]. - Cash inflow from investment activities totaled ¥359,368,197.49, compared to ¥268,990,597.97, marking a rise of 33.5%[138]. - Cash outflow from investment activities increased to ¥474,280,300.02 from ¥306,058,413.44, a significant increase of 55.0%[138]. Project Development - The construction of a new project for an annual production capacity of 30,000 tons of taurine food additives is underway, with a year-on-year increase in construction projects of 774.99%[27]. - The company invested a total of 42,934,200 yuan in the construction of a project to produce 30,000 tons of taurine food additives, with a completion progress of 13.01% as of the reporting period[46]. - The company is focusing on expanding its production capacity in the taurine food additive sector[46]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[6]. - The total number of ordinary shareholders at the end of the reporting period was 14,133, with significant shareholders holding over 5% of shares[106]. - Chen Yong, a major shareholder, held 21.54% of the shares, amounting to 42,312,000 shares, with 10,578,000 shares frozen[106]. - The company completed the grant registration of 9.455 million restricted stocks at a price of 13.52 yuan per share on February 6, 2017[72]. Risks and Compliance - Risks include potential sales revenue shortfalls if taurine shipments are not smooth and rising raw material and energy prices due to strict environmental regulations, which may affect gross margins[56]. - The company faces foreign exchange risks as most revenues are settled in USD, with recent fluctuations leading to significant exchange losses[58]. - The company has implemented safety and environmental measures, including a 6000m³ emergency pool and upgraded wastewater treatment facilities to ensure compliance with environmental standards[57]. Financial Position - The total assets at the end of the reporting period were 3,814,943,000.00 CNY, demonstrating growth in the asset base[154]. - The total liabilities at the end of the reporting period were 3,761,600,000.00 CNY, reflecting the company's leverage[154]. - The total equity of the parent company at the end of the reporting period was 1,227,317,000.00 CNY, showing an increase from the previous period[149]. Accounting and Reporting - The company’s financial statements are prepared based on the going concern principle, with no significant uncertainties regarding its ability to continue operations for the next 12 months[159]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that its financial reports accurately reflect its financial position as of June 30, 2017[160]. - The company includes all subsidiaries in its consolidated financial statements, ensuring comprehensive financial reporting[165].

潜江永安药业股份有限公司 2017 年第一季度报告正文 证券代码：002365 证券简称：永安药业 公告编号：2017-19 潜江永安药业股份有限公司 2017 年第一季度报告正文 1 潜江永安药业股份有限公司 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。 公司负责人陈勇、主管会计工作负责人吴晓波及会计机构负责人(会计主管 人员)张天元声明：保证季度报告中财务报表的真实、准确、完整。 2 潜江永安药业股份有限公司 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） | 178,685,525.10 | 121,675,577.45 | 46.85% | | 归属于上 ...

Financial Performance - The company's operating revenue for 2016 was approximately ¥549.40 million, a decrease of 1.17% compared to ¥555.89 million in 2015[16]. - Net profit attributable to shareholders increased significantly by 253.71% to approximately ¥62.30 million from ¥17.61 million in 2015[16]. - The net profit after deducting non-recurring gains and losses was approximately ¥40.70 million, a substantial recovery from a loss of ¥0.29 million in 2015[16]. - The net cash flow from operating activities rose by 19.73% to approximately ¥84.53 million, compared to ¥70.61 million in 2015[16]. - Basic earnings per share increased by 266.67% to ¥0.330 from ¥0.090 in 2015[16]. - Total assets at the end of 2016 were approximately ¥1.27 billion, reflecting a growth of 5.85% from ¥1.20 billion at the end of 2015[16]. - Net assets attributable to shareholders increased by 5.19% to approximately ¥1.17 billion from ¥1.12 billion in 2015[16]. - Operating profit reached CNY 62,945,063.18, an increase of 369.87% year-on-year[30]. - The gross profit margin improved by 7.92% due to increased sales volume and prices of taurine products[30]. - The total profit increased by 251.50% to CNY 73,328,143.96, primarily due to the rise in operating profit[42]. Revenue Breakdown - The pharmaceutical manufacturing segment generated ¥463.41 million, accounting for 84.35% of total revenue, with a year-on-year increase of 14.25%[37]. - The revenue from ethylene oxide significantly dropped by 63.38% to ¥33.74 million, down from ¥92.15 million in 2015[37]. - The company’s foreign revenue increased by 10.06% to ¥374.20 million, representing 68.11% of total revenue, while domestic revenue decreased by 19.49% to ¥175.20 million[37]. - Total revenue from the top five customers amounted to CNY 213,688,989.34, representing 38.89% of the annual sales[47]. Investment and R&D - The company invested approximately ¥28 million in safety and environmental protection initiatives in 2016, enhancing the working environment and labor protection[33]. - The company completed multiple technology R&D projects, including obtaining a patent for taurine manufacturing methods in Japan[28]. - Research and development efforts led to the implementation of 7 projects, resulting in 5 technical achievements and the application for 1 invention patent and 1 international PCT patent[51]. - The company plans to continue research and development on key processes in taurine production to maintain its technological leadership[33]. Cash Flow and Assets - The company's cash and cash equivalents increased by 49.86% to approximately ¥89.01 million, attributed to improved operational efficiency and reduced payments for goods[41]. - The company's net profit for the year was ¥61,988,700.00, while the net cash flow from operating activities was ¥84,534,206.66, indicating a significant difference due to inventory and receivables increases[55]. - Total cash and cash equivalents increased by ¥17,613,289.52, but this represented a 38.78% decrease compared to ¥28,771,267.21 in 2015, attributed to increased financial and securities investments[55]. - The total amount of raised funds was ¥69,104.31 million, with ¥61,408.95 million utilized, leaving a balance of ¥213.22 million, which is 0.31% of the total raised funds[64]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥1.00 per 10 shares, based on a total share capital of 196,455,000 shares as of February 10, 2017[5]. - In 2016, the cash dividend represented 31.54% of the net profit attributable to shareholders, which was CNY 62,297,040.94[82]. - The total distributable profit for the year 2016 was CNY 366,498,752.12, with the cash dividend constituting 100% of the profit distribution[83]. - The company has committed to repurchase shares to stabilize stock prices, reflecting confidence in future development[86]. Corporate Governance and Management - The company has a total of 11 board members, including 5 independent directors, ensuring a diverse governance structure[146]. - The management team includes experienced professionals with backgrounds in pharmaceuticals and finance, enhancing the company's operational capabilities[146][149]. - The company has maintained a stable leadership structure, with no significant changes in management personnel during the reporting period[145]. - The company has implemented a performance evaluation and incentive mechanism for its board members and senior management, enhancing team efficiency[169]. Environmental and Social Responsibility - The company has established a 6,000 m³ emergency pool and upgraded its wastewater treatment facilities to comply with environmental regulations[76]. - The company emphasizes quality and service, adhering to the principle of "quality first, reputation first" in its operations[117]. - The company has implemented various employee welfare programs, including health check-ups and team-building activities, to enhance employee satisfaction and cohesion[119]. Market Position and Strategy - The company holds approximately 50% of the global market share in taurine production, with over 80% of its products exported[26]. - The company has strengthened its collaboration with domestic research institutions and international brands to enhance its product line in the health food market[52]. - Taurine market prices are on an upward trend, potentially attracting new competitors, while the company maintains its leading market position with proprietary technology[74]. - The company is committed to expanding its market presence and exploring potential mergers and acquisitions to drive growth[146].

潜江永安药业股份有限公司 2016 年第三季度报告正文 潜江永安药业股份有限公司 2016 年第三季度报告正文 证券代码：002365 证券简称：永安药业 公告编号：2016-53 潜江永安药业股份有限公司 2016 年第三季度报告正文 1 潜江永安药业股份有限公司 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。 公司负责人陈勇、主管会计工作负责人吴晓波及会计机构负责人(会计主管 人员)张天元声明：保证季度报告中财务报表的真实、准确、完整。 2 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 1,237,169,919.55 | 1,202,988,458.88 ...

Financial Performance - The company's operating revenue for the first half of 2016 was ¥291,908,106.16, a decrease of 3.04% compared to the same period last year[21]. - The net profit attributable to shareholders was ¥34,521,106.01, representing an increase of 180.65% year-on-year[21]. - The net profit after deducting non-recurring gains and losses was ¥22,849,643.35, up 462.40% from the previous year[21]. - Basic earnings per share rose to ¥0.1846, reflecting a growth of 163.71% year-on-year[21]. - Operating profit increased by 178.64% to ¥35,012,920.36, driven by improved product gross margins[35]. - The company reported a significant increase in cash flow from operating activities, which reached ¥60,128,906.91, up 163.55% year-on-year[34]. - The company achieved operating revenue of ¥291,908,106.16, a decrease of 3.04% compared to the same period last year[34]. - The company reported a net profit attributable to shareholders of the parent company reached CNY 34.52 million, up 180.00% from CNY 12.30 million in the same period last year[135]. - The total comprehensive income for the current period increased by 203,981.45 million yuan compared to the previous period[148]. Cash Flow and Investments - The net cash flow from operating activities reached ¥60,128,906.91, a significant increase of 163.55% compared to the same period last year[21]. - The company’s cash and cash equivalents decreased by 11.07% to ¥23,117,254.02, reflecting changes in investment activities[34]. - The company’s net cash flow from investment activities increased significantly by 2707.89%, primarily due to an increase in financial management scale and new securities investments[34]. - The total cash inflow from investment activities was CNY 268,990,597.97, compared to CNY 284,764,366.72 in the prior period, indicating a decrease of about 5.5%[142]. - The net cash flow from investment activities was -CNY 37,067,815.47, worsening from -CNY 1,320,128.63 in the previous period[142]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,223,850,867.32, an increase of 1.73% from the end of the previous year[21]. - Total liabilities decreased to CNY 60,188,692.76 from CNY 75,804,288.35, a reduction of about 20.6%[131]. - The company’s total liabilities and equity at the end of the current period amounted to 3,888,800,000.00 yuan[149]. - The total amount of raised funds is CNY 691.04 million, with CNY 614.09 million already invested[55]. Research and Development - The company’s research and development expenses rose by 6.00% to ¥10,581,241.00, indicating ongoing investment in product development[34]. - The company has made progress in optimizing taurine production processes and upgrading equipment to enhance product quality[37]. - The company is actively involved in research and development of new technologies and products to maintain competitive advantage in the market[160]. Market Performance - Sales revenue from taurine increased by 14.40% to ¥233,533,723.10, despite ongoing market competition[34]. - International sales reached CNY 190.53 million, marking a 36.44% increase, while domestic sales grew by only 4.62% to CNY 101.38 million[40]. - The pharmaceutical manufacturing segment reported revenue of CNY 233.53 million, a 35.10% increase compared to the previous period[40]. - The health food segment achieved revenue of CNY 23.35 million, reflecting a significant growth of 46.19%[40]. Shareholder Information - The company plans to distribute a cash dividend of 0.3 yuan per 10 shares, totaling 5.61 million yuan, based on the total share capital of 187 million shares as of December 31, 2015[67]. - The total number of common shareholders at the end of the reporting period is 17,852[109]. - The largest shareholder, Chen Yong, holds 22.63% of the shares, totaling 42,312,000 shares[109]. Corporate Governance - The company has maintained compliance with corporate governance requirements without significant discrepancies[74]. - There were no major litigation or arbitration matters during the reporting period[75]. - The company has not made any adjustments to its cash dividend policy during the reporting period[68]. Compliance and Auditing - The half-year financial report has not been audited[99]. - The financial statements comply with the requirements of the "Enterprise Accounting Standards," accurately reflecting the company's financial condition and cash flows[166]. Future Outlook - The net profit attributable to shareholders for the first three quarters of 2016 is expected to increase by 170.00% to 220.00%, ranging from 48.04 million to 56.94 million yuan compared to 17.79 million yuan in the same period of 2015[65]. - The anticipated growth in net profit is primarily driven by increased sales and prices of taurine, as well as a reduction in losses from health products[65].