证券代码：002367 证券简称：康力电梯 康力电梯股份有限公司投资者关系活动记录表 编号： | --- | --- | --- | |----------------|--------------------------|----------------------------------| | | | | | 投资者关系活动 | □ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | √ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 2016 年 7 月 19 | 日： | | 人员姓名 | 中信证券：赵宏旭、陈志； | | | | 浙商汇融投资：曹思杨； | | | | 德实资本：曹文银； | | | | 国泰基金：高亮 | | | | 2016 年 7 月 20 | 日： | | | 财通证券：陈立 | | | 时间 | 2016 年 7 月 19 | 日、2016 年 7 月 20 日 | | 地点 | 吴江 | | 1 | --- | --- | |-------- ...

编号： 证券代码：002367 证券简称：康力电梯 康力电梯股份有限公司投资者关系活动记录表 | --- | --- | --- | |----------------|----------------------------|----------------------------------| | | | | | 投资者关系活动 | □ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | √ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 2016 年 7 月 15 | 日： | | 人员姓名 | 杭州城投：骆智泓、诸惠伟； | | | | 上海朗程投资：古勇平； | | | | 五矿资本：周智； | | | | 浙商证券：宋青涛； | | | 时间 | 2016 年 7 月 15 | 日 | | 地点 | 吴江 | | | 上市公司接待人 | | | | 员姓名 | 刘占涛、陆玲燕 | | 1 | --- | --- | |----------------|-------- ...

证券代码：002367 证券简称：康力电梯 康力电梯股份有限公司投资者关系活动记录表 编号： | --- | --- | --- | |----------------|-------------------------|----------------------------------| | | | | | 投资者关系活动 | □ | 特定对象调研 □分析师会议 | | 类别 | □ 媒体采访 □业绩说明会 | | | | □ 新闻发布会 □路演活动 | | | | √ 现场参观 | | | | | □其他 （请文字说明其他活动内容） | | 参与单位名称及 | 2016 年 5 月 9 | 日：瑞银证券：饶呈方； | | 人员姓名 | | 兴业证券：满在朋 | | | 2016 年 5 月 10 | 日：国泰君安：吕娟； | | | | 重阳投资：陈苏明； | | | | 金鹰基金：倪超； | | | | 东方基金：曾沭崴； | | | | 天弘基金：张寓、林鹏辉； | | | | 森隆中投：商伟； | | | | 悟空投资：江敬文； | 1 | --- | --- | --- | |--------- ...

Business Performance and Market Position - The company's order volume growth rate exceeds the order amount growth rate, indicating increased operational pressure due to rising costs [2] - The company's main task is to steadily increase market share [2] - The elevator industry's growth rate is theoretically higher than the real estate industry's growth rate due to increasing elevator-to-building ratios and public construction projects [4] - The top 30 companies in the elevator industry are expected to continuously increase their market share, with foreign brands acquiring smaller domestic manufacturers [4] Sales and Distribution Strategy - The company's sales are primarily focused on 3-4 tier cities, while foreign brands dominate 1-2 tier cities [3] - The company plans to leverage its established brand and channels to follow strategic clients into 1-2 tier cities [3] - Direct sales are significant, but agents still play a crucial role, especially for strategic clients [3] - The increase in large real estate projects has led to more direct sales contracts, reducing agents' ability to buy out sales and increasing the company's receivables [3] Financial and Operational Metrics - The company's Q1 gross margin remains strong due to the fulfillment of previous orders [2] - Prepayments have increased significantly, particularly due to higher production and shipment payments in March [2] - Installation and maintenance revenue accounts for approximately 10% of the company's total revenue, with higher self-maintenance rates for rail transit products [4] Industry Dynamics and Competition - The elevator industry has limited bargaining power, with downstream players being dominant and prices being transparent due to intense competition [4] - Foreign brands have a significant advantage in the maintenance sector, which is a major profit contributor [4] - The industry is undergoing consolidation, with large real estate developers' market share growth driving their partnered elevator manufacturers' market share [4] Strategic Initiatives and Future Plans - The company is exploring new growth areas, such as robotics and IoT, to diversify its business and mitigate risks associated with a single business line [5] - The company is actively seeking suitable projects and operational teams to establish a second major business segment [5]

Group 1: Business Overview - The company primarily engages in the manufacturing, sales, and maintenance of elevators, escalators, and automatic walkways, with applications in residential, commercial, and public sectors [1] - As of January 2022, the company has a total of 13 wholly-owned and holding subsidiaries covering escalator component businesses and related services [1] Group 2: Business Performance - In the first three quarters of 2021, the company achieved a rapid growth in orders, with effective orders amounting to CNY 7.59 billion by the end of Q3 [3] - The company ranked among the top three in terms of total bid amounts for domestic rail transit escalator equipment projects in the first half of 2021 [3] Group 3: Research and Development - The company has maintained stable and sufficient R&D investment, with a total of 1,037 valid patents, including 75 invention patents and 885 utility model patents as of Q3 2021 [3] - The company possesses a state-recognized enterprise technology center and a 288-meter elevator testing tower [3] Group 4: Impact of Raw Material Prices - The rise in steel prices has affected the company's main raw material costs, leading to increased prices from suppliers for purchased components [4] - The company has implemented measures such as prepaying suppliers and signing price-lock agreements to mitigate the impact of rising raw material costs [4] Group 5: Strategic Transformation - The company recognizes the need for comprehensive transformation to maintain rapid growth and healthy development amid increasing industry competition [4] - A three-year systematic management transformation has been initiated to enhance international competitiveness by learning from leading global companies [4] Group 6: Future Development Trends - The elevator industry in China has maintained growth momentum over the past 40 years, although the real estate market challenges in 2021 significantly impacted the industry [5] - The company aims to transition from a manufacturing-focused model to a service-oriented model, enhancing user experience and striving to become a world-class brand [5]

Financial Performance - The company's operating revenue for 2019 was ¥3,663,130,278.47, representing an increase of 18.48% compared to ¥3,091,835,824.97 in 2018[16] - The net profit attributable to shareholders of the listed company reached ¥251,606,231.13, a significant increase of 1,518.28% from ¥15,547,769.20 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥243,417,712.75, up 562.05% from ¥36,767,021.05 in 2018[16] - The net cash flow from operating activities was ¥421,322,219.80, an increase of 19.64% compared to ¥352,161,228.71 in 2018[16] - Basic earnings per share were ¥0.3173, reflecting a growth of 1,527.18% from ¥0.0195 in the previous year[16] - The total profit for 2019 was 299.08 million yuan, representing a year-on-year growth of 2213.79%[44] - The weighted average return on equity increased to 8.26%, up 7.82 percentage points year-on-year[44] - The total operating costs for 2019 were approximately 2.264 billion yuan, representing a decrease of 0.82% compared to 2018[69] Assets and Liabilities - Total assets at the end of 2019 amounted to ¥5,794,699,859.45, a 5.21% increase from ¥5,507,651,077.01 at the end of 2018[16] - The net assets attributable to shareholders decreased by 6.55% to ¥2,947,374,138.74 from ¥3,154,067,608.83 in 2018[16] - The asset-liability ratio as of December 31, 2019, was 48.63%[44] - As of December 31, 2019, cash and cash equivalents amounted to ¥652,642,877.23, representing 11.26% of total assets, up from 3.69% at the beginning of the year, an increase of 7.57%[82] - Accounts receivable stood at ¥861,497,162.34, accounting for 14.87% of total assets, slightly up from 14.84% at the beginning of the year, with a change of 0.03%[82] - Inventory increased to ¥1,081,370,179.77, making up 18.66% of total assets, compared to 16.59% at the beginning of the year, reflecting a growth of 2.07%[82] - Fixed assets decreased to ¥1,208,847,391.05, which is 20.86% of total assets, down from 23.74% at the beginning of the year, a decline of 2.88%[82] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥4 per 10 shares (including tax) based on a total of 784,562,056 shares eligible for distribution[5] - The company has conducted 13 cash dividend distributions from 2009 to 2019, totaling ¥2.119 billion, indicating a commitment to shareholder returns[59] - The proposed cash dividend for the full year of 2019 was RMB 313,824,822.40, at RMB 4.00 per 10 shares, approved by the annual general meeting[118] - The total cash dividends for 2019 amounted to RMB 399,886,043.70, which is 158.93% of the net profit attributable to ordinary shareholders[120] - The company has maintained a consistent cash dividend policy, ensuring transparency and compliance with regulations[115] Research and Development - The company has developed a comprehensive R&D system covering 9 major elevator types and 29 series, with a total of 168 specifications[27] - The company increased its R&D investment, achieving major breakthroughs in key components, and received the first domestic energy-saving comfort certificate from TÜV Rheinland in June 2019[50] - Research and development expenses increased by 26.52% to approximately 150.24 million yuan, accounting for 4.10% of operating revenue[77] - The number of R&D personnel increased by 14.07% to 446, representing 9.34% of the total workforce[77] Market Position and Strategy - The company maintained its position as one of the top 10 global elevator manufacturers, with a brand value of ¥7.27 billion, ranking first in the Chinese elevator industry[33] - The company has been recognized as a top supplier in government procurement for 11 consecutive years, highlighting its strong market presence[33] - The company operates a sales model that includes direct sales and agency partnerships, allowing for customized solutions based on client needs[28] - The company plans to enhance its focus on rail transit and strategic customers, improving project execution efficiency[46] - The company aims to exceed 2019's operational targets for orders, production, and profit despite the pandemic's impact, emphasizing high-quality development in the industry[106] Social Responsibility and Governance - The company emphasized its commitment to social responsibility and improving operational and governance standards under the leadership of the board and party committee in 2019[199] - The company donated 4.4939 million yuan to various foundations, schools, and social organizations throughout the year[198] - During the COVID-19 pandemic, the company donated 1 million yuan to the Wuhan Red Cross and 500,000 yuan to the Wujiang Charity Foundation[198] - The company has invested in employee welfare, providing benefits such as transportation, housing subsidies, and health check-ups[195] Investment Strategy - The company has established a comprehensive asset management strategy to optimize returns while managing risks effectively[158] - The investment strategy includes a dynamic adjustment of asset allocation based on market trends, with a floating investment ratio in the range of [-10%, 10%][158] - The company emphasizes the importance of investing in high-credit-rated financial instruments to ensure capital preservation and guaranteed returns[158] - The company is focused on maintaining a balanced investment portfolio to mitigate risks and enhance returns[163] - The company’s financial products are structured to provide a balance between risk and return, with a focus on regulatory compliance[180]

Financial Performance - The company's operating revenue for Q1 2014 was ¥517,815,267.53, representing a 21.49% increase compared to ¥426,211,715.42 in the same period last year[8]. - Net profit attributable to shareholders was ¥58,950,345.62, up 37.53% from ¥42,864,561.12 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was ¥53,740,532.25, reflecting a 21.44% increase from ¥44,253,101.07 in the previous year[8]. - Basic earnings per share increased by 40.56% to ¥0.0797 from ¥0.0567 year-on-year[8]. - The net profit attributable to shareholders for the first half of 2014 is expected to increase by 20% to 40%, ranging from 131.60 million to 153.54 million yuan[21]. Cash Flow and Assets - The net cash flow from operating activities improved to -¥63,141,219.00, a 51.65% reduction in loss compared to -¥130,588,017.32 in the same period last year[8]. - Total assets at the end of the reporting period were ¥2,917,809,793.10, a decrease of 1.98% from ¥2,976,706,848.06 at the end of the previous year[8]. - The net assets attributable to shareholders decreased by 2.81% to ¥1,676,357,668.73 from ¥1,724,787,015.22 at the end of the previous year[8]. - Cash and cash equivalents at the end of the period decreased by 32.48% compared to the beginning of the period, mainly due to cash dividend distribution[19]. Operational Changes - The company reported a 34.41% increase in prepaid accounts, primarily due to increased advance payments for materials to lock in prices[16]. - The construction in progress increased by 45.49%, attributed to investments in the testing tower and component industrial park[16]. - The company issued a total of 80,730,000 yuan in notes payable, reflecting the use of bank acceptance bills for settling part of the goods and construction payments[16]. Expense Increases - Operating tax and additional fees increased by 41.86% year-on-year, mainly due to the increase in value-added tax paid by the company[17]. - Sales expenses rose by 69.15% year-on-year, primarily due to the expansion of the marketing network and sales scale, leading to increased personnel and costs[17]. - Management expenses increased by 33.10% year-on-year, mainly due to rising R&D costs and employee compensation[17]. - Financial expenses increased by 43.56% year-on-year, primarily due to a decrease in deposit interest[17]. Investment and Cash Flow - Investment income doubled year-on-year, primarily due to returns from purchased financial products[17]. - Operating cash flow net increased by 51.65% year-on-year, mainly due to increased cash received from sales and government subsidies related to revenue[19]. - Cash flow from investment activities increased by 49.51% year-on-year, mainly due to the recovery of financial products exceeding new investments by 20 million yuan[19]. Order Growth - The company has effective orders of 2.889 billion yuan as of March 31, 2014, with a year-on-year order growth of over 30%[23].

Financial Performance - The company's operating revenue for 2013 was CNY 2,228,396,872.73, representing a 22.22% increase compared to CNY 1,823,337,342.43 in 2012[21] - The net profit attributable to shareholders for 2013 was CNY 277,770,320.03, which is a 48.56% increase from CNY 186,978,749.50 in the previous year[21] - The net cash flow from operating activities increased by 29.69% to CNY 328,505,570.10 in 2013, up from CNY 253,305,963.26 in 2012[21] - The basic earnings per share for 2013 was CNY 0.7478, reflecting a 51.71% increase from CNY 0.4929 in 2012[21] - The total assets at the end of 2013 were CNY 2,976,706,848.06, which is a 12.49% increase from CNY 2,646,142,451.93 at the end of 2012[21] - The net assets attributable to shareholders increased by 5.63% to CNY 1,724,787,015.22 at the end of 2013, compared to CNY 1,632,868,041.58 at the end of 2012[21] - The weighted average return on equity for 2013 was 17.05%, an increase of 4.94% from 12.11% in 2012[21] - The total profit for the year was ¥324,269,943.84, reflecting a 45.56% increase from 2012[46] - The company reported a significant increase in asset impairment losses, which rose by 117.62% to ¥8,029,907.31 due to increased provisions for receivables[46] Research and Development - The company invested 87.14 million yuan in R&D during 2013, resulting in the approval of six technology projects[36] - Research and development expenses rose to ¥87,140,085.78, marking a 28.65% increase from the previous year[46] - Research and development expenses for the year totaled ¥87,140,100, marking a significant investment to enhance product structure and core competitiveness[75] Operational Expansion - The company established 26 subsidiaries, with 19 having installation and maintenance qualifications by the end of 2013[33] - The company completed the delivery of the world's first mountain tunnel escalator in Zhangjiajie, with a total span of 692 meters[35] - The company is expanding its factory layout, with the new elevator test tower and technology building expected to enhance R&D capabilities[77] - The company plans to establish 30 branches nationwide by the end of 2013, with 26 branches already established and 19 having obtained installation and maintenance qualifications[90] Market and Sales Performance - The sales volume of elevators increased by 32.32% to 10,142 units in 2013, while production volume rose by 51.47% to 11,619 units[50] - The main business revenue from elevators was ¥1,394,653,688.49, accounting for 63.24% of total main business revenue[49] - The installation and maintenance revenue increased by 36.79% compared to the previous year, contributing to higher gross margins[69] Risk Management - The company faces risks related to raw material price fluctuations, human resources, and management due to operational expansion[11] - The company plans to improve its procurement management system to mitigate risks from raw material price fluctuations[115] Corporate Governance and Compliance - The company reported a standard unqualified audit opinion for its 2013 financial report[119] - There were no changes in accounting policies or significant accounting errors during the reporting period[120][121] - The company held three shareholder meetings and seven board meetings in 2013, ensuring compliance with governance structures[132] - The company disclosed a total of 73 announcements in 2013, maintaining transparency and effective communication with investors[133] Employee Relations and Social Responsibility - The company conducted over 120 training sessions for employees in 2013, covering skills, management knowledge, and psychological health, enhancing overall employee quality and efficiency[141] - In 2013, the company donated a total of 5.2756 million yuan to social welfare activities, reflecting its commitment to corporate social responsibility[147] - The company expanded its employee accommodation by adding 75 new dormitory units in 2013, improving living conditions for staff[141] - The company organized various cultural and sports activities, including competitions in basketball, badminton, and football, to promote employee well-being and teamwork[142] Financial Management - The company reported a net cash outflow from investment activities of CNY -474,712,693.86, a decrease of 91.48% year-on-year[65] - The company's financial expenses improved, with a net financial income of CNY -17,877,290.26, compared to CNY -23,230,147.59 in 2012[60] - The company has no holdings in financial enterprises or securities investments during the reporting period[80][81] Shareholder Information - The cash dividend proposal for 2013 is to distribute 3.00 RMB per 10 shares, totaling 110.88 million RMB, with a capital reserve conversion of 10 shares for every 10 shares held[130] - In 2013, the cash dividend payout ratio was 39.92% of the net profit attributable to shareholders, which was 277.77 million RMB[128] - The company has consistently implemented cash dividends, with the total cash dividends over the past three years being 110.88 million RMB in 2013, 95.17 million RMB in 2012, and 75.74 million RMB in 2011[137] Strategic Initiatives - The company is focusing on new product development and capital operations to enhance market share and brand influence[112] - The company aims to improve its marketing service network and implement a major client strategy to increase market share and service capabilities[114] Environmental and Community Engagement - The company maintained a commitment to environmental protection, implementing strict energy-saving practices in office management[146] - The company actively engaged in volunteer activities, enhancing its social image and community involvement through various charitable initiatives[147]