Financial Performance - The company's operating revenue for 2019 was ¥23,103,208,447.27, an increase of 27.48% compared to ¥18,123,173,258.92 in 2018[25]. - The net profit attributable to shareholders for 2019 was ¥78,756,850.57, a decrease of 49.25% from ¥155,183,726.00 in 2018[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,850,353.57, down 84.20% from ¥106,677,912.36 in 2018[25]. - The net cash flow from operating activities for 2019 was ¥616,929,167.97, a decrease of 10.43% compared to ¥688,749,850.61 in 2018[25]. - The basic earnings per share for 2019 was ¥0.1009, a decline of 53.37% from ¥0.2164 in 2018[25]. - The total assets at the end of 2019 were ¥13,772,753,696.97, a decrease of 1.49% from ¥13,980,383,470.34 at the end of 2018[25]. - The company achieved a total operating revenue of ¥23,103,208,447.27, representing a year-on-year increase of 27.48% compared to ¥18,123,173,258.92[78]. - The company reported a net cash flow from operating activities of 616.93 million yuan, a decrease of 10.43% year-on-year[96]. - The company’s total operating costs were 21.70 billion yuan, with the chemical industry accounting for 28.23% of this total[86]. - The company reported a loss of CNY 1.15 million from the titanium dioxide project, indicating that it did not meet the expected benefits[116]. Dividend Distribution - The company reported a cash dividend of 0.5 yuan (including tax) per 10 shares, totaling 780,857,017 shares for distribution[8]. - The company plans to distribute a cash dividend of 0.5 RMB per 10 shares (including tax) for the year 2019, totaling 39,042,850.85 RMB, which represents 49.57% of the net profit attributable to ordinary shareholders[159][161]. - The cash dividend policy has been consistent, with no stock dividends or capital reserve transfers to capital in the past three years[161][165]. - The total distributable profit for 2019 is reported at 1,500,711,561.19 RMB, with the cash dividend amount accounting for 100% of the profit distribution[165]. - The company’s stock base for the dividend distribution is 780,857,017 shares, consistent with previous years[161]. - The company has been transparent in its decision-making processes regarding profit distribution, ensuring that minority shareholders' rights are protected[160]. Business Strategy and Development - The company's development strategy is defined as "one body and two wings," focusing on chlor-alkali chemicals, new chemical materials, and new energy battery materials[14]. - The company is focused on expanding its chlor-alkali chemical industry and entering titanium chemical and lithium battery materials sectors[39]. - The company aims to enhance its operational efficiency through smart, information-based, and automated upgrades of existing facilities[42]. - The company is committed to a dual-driven strategy of "industry + supply chain" to support its growth and operational efficiency[39]. - The company is focusing on the development of lithium battery materials, including NCM series and NCA series[59]. - The company is committed to expanding its strategic emerging industry projects and improving operational capabilities in traditional sectors[133]. - The company is actively seeking external cooperation to introduce capital, technology, and market channels to enhance its market share and competitiveness[142]. Production and Capacity - The production volume of polyvinyl chloride reached 408,800 tons, completing 104.42% of the annual plan[69]. - The company achieved production targets: 406,800 tons of caustic soda (103.91% of the annual plan), 408,800 tons of PVC (104.42%), 29,800 tons of hydrazine hydrate (104.20%), 831,700 tons of cement (104.35%), and 54,000 tons of new materials (111.1%) [136]. - The company aims to produce 400,000 tons of chlorinated titanium dioxide annually within five years, focusing on resource utilization and reducing dependence on imported titanium materials[135]. - The company plans to enhance its PVC self-supply to 150,000 tons per year and aims for an annual production of 50,000 tons of ternary cathode materials for lithium batteries[135]. Research and Development - The company developed 14 new products, new formulas, and new processes during the reporting period[59]. - The number of patent technology achievements increased by 26.2% year-on-year, totaling 106, with 23 authorized patents[59]. - The research and development investment amounted to 182.41 million yuan, representing a 3.65% increase from 2018[95]. - The company completed 10 technology research and development projects and 31 joint technology tackling projects during the reporting period[59]. Environmental and Compliance - The company is committed to environmental sustainability, producing high-end green PVC materials[14]. - The company is recognized as a "green factory" and has received multiple industry awards for its energy efficiency and product quality[57]. - Environmental and safety risks are acknowledged, with measures in place to comply with regulations and enhance safety management[149]. Financial Management and Risks - Financial risks are present due to the capital-intensive nature of the business, and the company plans to optimize financial management and increase capital market financing[154]. - The company emphasizes the importance of cost management and aims to reduce production costs through effective material control and risk management strategies[147]. - The company faces risks from market competition and potential price declines in PVC due to external factors, and plans to develop high-end products to mitigate these risks[148]. Subsidiaries and Contributions - The subsidiary Yibin Haifeng and Rui Co., Ltd. generated revenue of CNY 4,045,809,954.13, with a net profit of CNY 304,607,548.51, significantly contributing to the company's profits[128]. - Yibin Tianyi New Material Technology Co., Ltd. reported revenue of CNY 1,482,735,262.64, but incurred a net loss of CNY 16,729,174.29, impacting overall profitability[128]. - The subsidiary Sichuan Tianyuan Xinhua Supply Chain Technology Co., Ltd. achieved revenue of CNY 13,151,734,996.90 and a net profit of CNY 10,285,606.27, contributing positively to the company's financials[129]. - Yibin Tianyuan Import and Export Trade Co., Ltd. generated revenue of CNY 4,418,413,427.34, with a net profit of CNY 46,232,772.63, enhancing the company's profitability[129]. Legal and Compliance Issues - The company is involved in a contract dispute with Yibin Baoqian Trading Co., with a claim amount of CNY 19.73 million, and has executed CNY 10.04 million of the debt so far[183]. - Another dispute with Kangxin Metal Co. has a claim amount of CNY 10.02 million, with CNY 4.95 million still in execution[183]. - A contract dispute with Shanghai Yueyue Tide Group has a claim amount of CNY 34.77 million, with CNY 19.82 million executed and CNY 14.94 million remaining[183]. - The company is currently involved in a commercial secret infringement case with a claim amount of CNY 100 million, which is under review by the Supreme People's Court[183]. - A lawsuit against Sichuan Northern Red Light Special Chemical Co. has a claim amount of CNY 122.58 million, currently in the first instance trial[186]. - The company has not reported any penalties or rectifications during the reporting period[187].

宜宾天原集团股份有限公司 2020 年第一季度报告全文 宜宾天原集团股份有限公司 2020 年第一季度报告 证券代码（002386） 2020 年 04 月 1 宜宾天原集团股份有限公司 2020 年第一季度报告全文 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。 公司负责人罗云、主管会计工作负责人田英及会计机构负责人(会计主管人 员)肖朝钢声明：保证季度报告中财务报表的真实、准确、完整。 2 宜宾天原集团股份有限公司 2020 年第一季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|-----------------------------|-------|----------------------------- ...

Financial Performance - Operating revenue for the reporting period reached CNY 7,606,084,360.16, a 49.82% increase year-on-year[9] - Net profit attributable to shareholders was a loss of CNY 6,395,403.80, a decrease of 114.88% compared to the same period last year[9] - Basic earnings per share were -0.0082, down 114.88% from the previous year[9] - The weighted average return on net assets was -0.13%, a decrease of 1.07% compared to the previous year[9] - The net profit for the period was ¥49,192,593.78, representing a decrease of 61.55% from ¥127,932,550.50 in the previous period[25] - Net profit for the current period is a loss of CNY 52,190,524.21, compared to a loss of CNY 27,228,692.84 in the previous period, indicating a significant decline in profitability[72] - The total comprehensive income attributable to the parent company is a loss of CNY 6,395,403.80, compared to a profit of CNY 42,989,646.46 in the previous period[69] - The total profit for the current period is ¥86,272,156.24, down 50.0% from ¥172,606,393.53 in the previous period[78] Assets and Liabilities - Total assets increased by 1.67% to CNY 14,214,421,820.89 compared to the end of the previous year[9] - The total liabilities decreased significantly, with long-term payables dropping by 50.19% from ¥461,226,384.04 to ¥229,752,642.48[22] - The total liabilities as of September 30, 2019, were CNY 9,107,607,384.39, compared to CNY 8,859,294,979.60 at the end of 2018, marking an increase of about 2.8%[46] - The company's total assets reached CNY 14,214,421,820.89, up from CNY 13,980,383,470.34, reflecting a growth of approximately 1.7%[49] - Total liabilities rose to ¥7,752,509,667.44, up from ¥7,412,614,255.01, indicating an increase of 4.6%[59] Cash Flow - The net cash flow from operating activities was CNY 212,425,800.87, reflecting a 15.61% increase year-on-year[9] - The company's cash flow from operating activities was ¥493,284,788.72, a slight increase of 1.08% compared to ¥488,008,763.65 in the previous period[25] - The company reported a decrease in cash flow from operating activities, impacting liquidity management strategies moving forward[38] - Operating cash inflow totaled CNY 4,836,676,712.41, an increase from CNY 3,778,127,972.12 in the previous period, reflecting a growth of approximately 28%[98] - Cash inflow from financing activities was CNY 2,550,634,715.04, down from CNY 3,596,055,531.89, reflecting a decrease of approximately 29%[101] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,808[13] - The largest shareholder, Yibin State-owned Assets Management Co., Ltd., holds 16.88% of the shares[13] Government Support - The company received government subsidies amounting to CNY 25,237,670.99 during the reporting period[9] Research and Development - Research and development expenses for the period were ¥50,123,417.17, compared to ¥42,472,200.56 in the previous period, representing an increase of 17.5%[60] - Research and development expenses increased to CNY 1,193,394.12 from CNY 111,864.05, reflecting a growth of 966.56%[69] - Research and development expenses increased to ¥2,362,555.93 from ¥1,187,455.22 in the previous period, reflecting a focus on innovation[83] Investment Activities - The company is investing in a new project for producing 50,000 tons of titanium dioxide annually, with adjustments made to the project timeline[26] - The company plans to invest in the construction of Changneng Coal Mine, as approved by the board[26] Income and Expenses - Total operating costs amounted to ¥7,611,746,022.35, up from ¥5,010,850,116.31, reflecting a rise of 51.5%[60] - The company reported a decrease in sales expenses to CNY 29,645,833.20 from CNY 34,685,138.68, a reduction of 14.83%[69] - Financial expenses increased to CNY 13,906,765.50 from CNY 6,473,012.26, marking a rise of 114.00%[69]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥11,512,773,961.55, representing a 35.16% increase compared to ¥8,518,154,926.71 in the same period last year[23]. - The net profit attributable to shareholders of the listed company decreased by 19.33% to ¥85,111,860.30 from ¥105,512,107.36 year-on-year[23]. - The net profit after deducting non-recurring gains and losses increased by 9.41% to ¥78,021,441.74 compared to ¥71,309,514.71 in the previous year[23]. - The net cash flow from operating activities was ¥280,858,987.85, down 7.69% from ¥304,258,999.78 in the same period last year[23]. - Basic earnings per share decreased by 30.62% to ¥0.1090 from ¥0.1571 year-on-year[23]. - Total assets at the end of the reporting period were ¥13,966,184,675.19, a slight decrease of 0.10% from ¥13,980,383,470.34 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company increased by 1.68% to ¥5,057,656,584.77 from ¥4,974,266,829.33 at the end of the previous year[23]. - The weighted average return on net assets was 1.70%, down from 2.51% in the previous year[23]. - The total profit amounted to 94.18 million RMB, a decrease of 17.57% compared to the previous year[64]. - The company achieved operating revenue of 11.51 billion RMB, a year-on-year increase of 35.16%[71]. Investment and Projects - The company plans to invest in a project to produce 50,000 tons of chlorinated titanium dioxide annually, with a mid-term goal of reaching 300,000 tons[40]. - The company has ongoing projects, including a titanium dioxide project with an investment of RMB 83,074,295.73, which is in the trial production stage[96]. - The company has invested RMB 25,090,398.55 in a high-end eco-friendly wood board project, with part of the project completed[96]. - The company has a lithium battery materials project with a total investment of RMB 70,000,000.00, funded by its own capital[90]. - The company has committed to an investment project for an annual production of 50,000 tons of chlorinated titanium dioxide, with a total investment amount of 670.12 million RMB, which has been fully utilized as of the end of the reporting period[107]. - The project is currently in the trial production stage and has produced qualified products, meeting the construction progress plan[107]. Market and Industry Focus - The company is focusing on expanding its chlor-alkali chemical industry while also venturing into titanium chemicals and lithium battery materials[34]. - The polymer chemical new materials segment is rapidly developing, with a focus on PVC-O pipes and LVT flooring, which are gaining popularity in the market[42]. - The demand for lithium battery materials is expected to exceed 400,000 tons by 2020, with ternary cathode materials projected to account for over two-thirds of this demand[45]. - The company is actively engaging with international firms such as Panasonic and LG to expand its overseas market presence[46]. - The company is enhancing its operational management to maintain low energy consumption and high efficiency in production[36]. - The company is implementing ERP-SAP system upgrades to enhance internal cost control and improve profitability[65]. Risks and Challenges - The company faces risks related to market conditions, safety, environmental protection, talent reserves, and finance[6]. - The company faced challenges in operating performance due to external economic pressures and increased raw material costs, leading to a decline in sales prices[63]. - The company faces risks from macroeconomic changes, particularly affecting its chlor-alkali products and high polymer materials, which are sensitive to national policies and trade tensions[125]. - Financial risks are present due to the capital-intensive nature of the business, despite a reduction in debt ratio following a private placement[130]. - Talent acquisition is critical as the company expands into new industries, necessitating a robust recruitment strategy[131]. Environmental and Social Responsibility - The company has successfully maintained zero environmental pollution incidents throughout the year, reflecting effective environmental risk management[198]. - The company achieved compliance with wastewater discharge standards, with COD at 5.5 tons and ammonia nitrogen at 0.22 tons during the reporting period[193]. - The company has implemented an online monitoring system for wastewater, enhancing the quality of environmental monitoring and data transparency[199]. - The company donated 160,000 RMB to support poverty alleviation efforts in Hongyan Village, including livestock development and infrastructure improvements[200]. - The company actively participated in targeted poverty alleviation, providing 350,000 RMB to support development projects in impoverished areas[200]. - The company constructed a cement production line with a capacity of 2,500 tons of clinker per day, utilizing waste materials for comprehensive recycling[194]. Legal and Compliance Matters - Significant litigation matters include a contract dispute involving a subsidiary with a claim amount of CNY 19.73 million, which has been adjudicated[145]. - Another contract dispute with a claim amount of CNY 10 million is currently under trial[145]. - The company's semi-annual report has not been audited[139]. - There are no bankruptcy reorganization matters during the reporting period[140]. - The company has not encountered any issues or other situations regarding the use and disclosure of raised funds[110]. Related Party Transactions - Related party transactions include sales of caustic soda to a related party amounting to CNY 150.35 million, accounting for 31.67% of similar transactions[152]. - The company sold electricity to a related party for CNY 6.52 million, representing 22.10% of similar transactions[156]. - The company has not reported any major related party transactions during the reporting period[169]. Financial Position - Cash and cash equivalents decreased by 505 million yuan compared to the beginning of the year, primarily due to payments for construction projects[47]. - Accounts receivable increased by 105 million yuan compared to the beginning of the year, mainly due to new credit facilities[47]. - The company's total assets included cash of ¥2,194,085,775.19, accounting for 15.71% of total assets, down 4.37% from the previous year[82]. - Short-term loans amounted to ¥5,393,586,317.50, representing 38.62% of total assets, an increase of 4.33%[82]. - The company's inventory stood at ¥659,920,641.13, which is 4.73% of total assets, an increase of 0.85%[82].

宜宾天原集团股份有限公司 2019 年第一季度报告全文 宜宾天原集团股份有限公司 2019 年第一季度报告 证券代码（002386） 2019 年 4 月 1 宜宾天原集团股份有限公司 2019 年第一季度报告全文 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。 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 李水荣 董事 工作原因 李彩娥 公司负责人罗云、主管会计工作负责人田英及会计机构负责人(会计主管人 员)肖朝钢声明：保证季度报告中财务报表的真实、准确、完整。 2 宜宾天原集团股份有限公司 2019 年第一季度报告全文 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 | --- | --- | --- | --- | |-----------------------------------------------------|--------------- ...

Financial Performance - The company reported a total revenue of 780,857,017 RMB for the year 2018, with a cash dividend of 1.00 RMB per 10 shares distributed to shareholders[6]. - The company's operating revenue for 2018 was ¥18,123,173,258.92, representing an increase of 18.56% compared to ¥15,285,575,244.01 in 2017[23]. - The net profit attributable to shareholders for 2018 was ¥155,183,726.00, a significant increase of 51.17% from ¥102,653,822.64 in 2017[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses surged by 916.49% to ¥106,677,912.36 from ¥10,494,761.89 in 2017[23]. - The total profit for the year was 154 million yuan, an increase of 9.92% compared to the previous year[65]. - The company reported a significant increase in cash funds by 1.196 billion yuan, primarily due to the payment of bank acceptance bills[50]. - The total assets at the end of 2018 were ¥13,980,383,470.34, reflecting a 4.32% increase from ¥13,401,567,645.99 at the end of 2017[23]. - The company's basic earnings per share for 2018 was ¥0.2164, an increase of 41.62% compared to ¥0.1528 in 2017[23]. - The weighted average return on equity for 2018 was 3.44%, up from 2.50% in 2017[23]. Business Strategy and Development - The company emphasizes its development strategy of "one body and two wings," focusing on chlor-alkali chemicals, new chemical materials, and new energy battery materials[13]. - The company has a comprehensive integrated industrial chain in chlor-alkali chemicals, modern chemical new materials, and new energy, focusing on sustainable development[36]. - The company is committed to technological innovation and upgrading its production processes to enhance efficiency and reduce energy consumption[39]. - The company is actively pursuing strategic opportunities in the emerging industries of new energy vehicles and smart terminals, aligning with the development strategy of Yibin city[60]. - The company is focusing on supply-side structural reforms and has made significant progress in traditional and high-end growth industries[66]. Research and Development - The company has a strong focus on research and development of new products, particularly in the field of environmentally friendly materials[13]. - The company has filed for 14 patents related to new product development in the lithium battery materials sector[49]. - The company received 72 patent applications and was granted 26 patents during the reporting period, indicating a breakthrough in patent quantity[57]. - Research and development expenses increased by 1873.61% to ¥153,703,671.76 compared to the previous year[86]. Market and Sales - The domestic market for PVC and caustic soda is expected to maintain stable growth, with a total production capacity of 4,102,000 tons for caustic soda and 2,404,000 tons for PVC as of the end of the reporting period[38]. - The company has developed a range of PVC products, including PVC-O pipes and LVT flooring, which have gained significant market acceptance and are now exported to the US and Canada[45]. - Revenue from the South China region surged by 109.40% to ¥5,245,535,592.12, compared to ¥2,505,049,658.83 in 2017[74]. - The sales volume of PVC reached 39.15 million tons, a 4.20% increase from 37.57 million tons in 2017[75]. Investments and Financial Management - The company has ongoing major non-equity investments, with a total actual investment of ¥1,586,061,891.61 across various projects, including the annual production of 50,000 tons of titanium dioxide project[106]. - The company made significant equity investments, including ¥308,700,000.00 in Guangzhou Lithium Treasure New Materials Co., Ltd., acquiring a 49% stake[100]. - The total investment amount for the reporting period was ¥1,397,798,740.87, representing a 31.93% increase compared to ¥1,059,493,923.18 in the same period last year[99]. - The company has ongoing commitments from its controlling shareholder, Yibin State-owned Assets Management Co., to avoid competition and to take measures to mitigate immediate dilution of returns during non-public offerings, with commitments made on December 5, 2016, and ongoing fulfillment status[162]. Risk Management and Compliance - The company has established a comprehensive risk management framework to address potential market, safety, environmental, and financial risks[6]. - The company is committed to maintaining accurate and complete financial reporting, as stated by its management team[5]. - The company has engaged Xinyong Zhonghe Accounting Firm for auditing services, ensuring compliance and oversight[22]. - The company has established a comprehensive safety and environmental management system to comply with increasingly stringent regulations[149]. Subsidiaries and Contributions - The subsidiary Yibin Haifeng and Rui Co., Ltd. generated revenue of CNY 4.18 billion and a net profit of CNY 459.74 million in 2018, significantly contributing to the company's overall profit[127]. - Yibin Tianyuan Import and Export Trade Co., Ltd. generated revenue of CNY 4,359,607,565.54 and contributed significantly to the company's profits in 2018[129]. - The company established two new subsidiaries during the reporting period, which are expected to enhance its operational capabilities[127]. Future Outlook - The company plans to achieve a production target of 39.15 million tons of caustic soda and 39.15 million tons of PVC in 2019, with a revenue goal of CNY 20 billion[136][137]. - The company aims to complete the construction of a 30,000-ton titanium dioxide project and a 3,000-ton PVC-O pipeline system within five years[133]. - The company is focusing on expanding its market presence in new materials and lithium battery materials, with plans for a production capacity of 50,000 tons of ternary cathode materials[133][141]. Legal and Regulatory Matters - The company has ongoing litigation involving a contract dispute with a subsidiary, with a total amount in dispute of CNY 1,973.29 million, and a settlement reached for CNY 2880.53 million, of which CNY 60 million has been paid in cash[183]. - The company is involved in a commercial secret infringement case with a total amount in dispute of CNY 10,000 million, currently under trial[183]. - The company has not reported any litigation related to its investments during the reporting period[100].

Financial Performance - Operating revenue for the period reached CNY 5.08 billion, a 28.88% increase year-on-year[9] - Net profit attributable to shareholders decreased by 26.97% to CNY 42.99 million[9] - Net profit after deducting non-recurring gains and losses surged by 1,436.51% to CNY 50.44 million[9] - Basic earnings per share decreased by 37.10% to CNY 0.0551[9] - Weighted average return on equity was 0.94%, down by 0.50%[9] - Operating revenue for the period reached CNY 13.60 billion, a 37.90% increase compared to the previous period, driven by higher sales volume of main products and trading business[18] - Operating costs rose by 35.60% to CNY 12.50 billion, reflecting the increase in sales volume of main products and trading business[18] - The company reported a significant increase in other income by 344.36% to CNY 53.49 million, primarily from technology and environmental subsidies[18] - The net profit attributable to shareholders for 2018 is expected to be between 155 million and 165 million RMB, representing a year-on-year increase of 50.99% to 60.73%[23] - The net profit for 2017 was 102.65 million RMB, indicating significant growth in 2018[23] - The increase in performance is attributed to better operational efficiency and higher sales volume of main products compared to the previous year[23] - The prices of main products have also risen compared to last year, contributing to the expected profit growth[23] Assets and Liabilities - Total assets increased by 11.42% to CNY 14.93 billion compared to the end of the previous year[9] - Net assets attributable to shareholders increased by 19.70% to CNY 4.97 billion[9] - The company's cash and cash equivalents increased by 126.00% to approximately CNY 3.40 billion, primarily due to the arrival of raised funds and increased bank acceptance bills[17] - Long-term borrowings increased by 170.82% to CNY 631 million, attributed to new long-term loans received by subsidiaries[18] - The capital reserve increased by 30.26% to approximately CNY 2.41 billion, mainly due to the increase in raised funds[18] Cash Flow - Net cash flow from operating activities increased by 159.31% to CNY 183.75 million[9] - The company reported a 241.21% increase in cash flow from operating activities, amounting to CNY 488 million, mainly due to an increase in accounts payable[19] Government Support and Projects - The company received government subsidies amounting to CNY 54.52 million, primarily for technology and environmental protection[10] - The company is in the final stage of installing equipment for a project to produce 50,000 tons of titanium dioxide, expected to enter trial operation by the end of November[20] - The investment in a new energy battery materials project is progressing, with one production line for ternary cathode materials currently in trial production[20] - The company has submitted applications for mining area delineation for two coal mines and is awaiting approval from relevant departments[21] Shareholder Information - The total number of shareholders at the end of the reporting period was 48,167[13]

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 8,518,154,926.71, representing a 43.91% increase compared to CNY 5,919,119,825.86 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 105,512,107.36, a significant increase of 302.63% from CNY 26,205,916.11 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 71,309,514.71, compared to a loss of CNY 16,496,085.41 in the same period last year, marking a 532.28% improvement[17]. - The net cash flow from operating activities was CNY 304,258,999.78, up 321.64% from CNY 72,161,470.56 in the previous year[17]. - The basic earnings per share increased to CNY 0.1571, a rise of 302.82% compared to CNY 0.0390 in the same period last year[17]. - The total operating revenue for the reporting period reached ¥8,518,154,926.71, representing a year-on-year increase of 43.91% compared to ¥5,919,119,825.86 in the same period last year[40]. - Net profit for the period was CNY 88,559,847.75, significantly up from CNY 11,825,080.78, representing a growth of 649.0%[158]. - The total profit for the period was CNY 114,250,996.44, up from CNY 29,213,500.52, representing a growth of 290.0%[157]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,695,243,410.47, reflecting a 2.19% increase from CNY 13,401,567,645.99 at the end of the previous year[17]. - The total liabilities increased from CNY 9,078,026,711.18 to CNY 9,284,280,335.19, showing a rise of about 2.3%[149]. - The total assets decreased from CNY 13,401,567,645.99 to CNY 13,695,243,410.47, indicating a growth of about 2.2%[150]. - The company's total liabilities decreased to CNY 8,163,728,768.01 from CNY 8,381,271,103.21, a reduction of 2.6%[157]. - The total current assets increased from CNY 3,392,756,476.57 to CNY 5,258,200,769.08, representing a growth of approximately 55%[148]. Investments and Projects - The company obtained 19 patents during the reporting period, including 4 invention patents and 15 utility model patents, bringing the total to 144 patents[35]. - The company is actively advancing key projects, including a 50,000-ton chlorinated titanium dioxide project and investments in ternary cathode materials[35]. - The ongoing major non-equity investment project, the artificial ruby project, has a total investment of ¥18,380,600.47, with cumulative actual investment reaching ¥112,949,855.18[57]. - The company has ongoing projects with a total investment of approximately 1,000 million yuan in various chemical and construction materials sectors[68]. - The company raised a total of 670 million RMB from a private placement of A-shares, which will be used for the construction of a 50,000-ton titanium dioxide project[121]. Cash Flow - The net cash flow from operating activities surged by 321.64%, totaling ¥304,258,999.78, compared to ¥72,161,470.56 in the previous year[41]. - The net cash flow from financing activities improved to CNY 1,226,007,348.00 from a negative CNY -958,194,574.12 in the previous period[164]. - The ending balance of cash and cash equivalents increased to CNY 1,672,207,195.28 from CNY 993,373,466.02, representing a growth of approximately 68.4%[164]. - Cash and cash equivalents increased by CNY 1.247 billion, primarily due to bank acceptance bills and financing lease increases[29]. Risks and Challenges - The company faces various risks including market, safety, environmental protection, and financial risks, which investors should be aware of[5]. - The company is facing market risks due to the competitive nature of traditional products, which are heavily influenced by raw material costs and price fluctuations[71]. - The company reported a significant loss in several subsidiaries, including a loss of approximately 230 million CNY in Daguang Tianda Chemical Co., Ltd.[72]. Environmental Compliance - The company executed pollution discharge standards but specific details on pollutants and discharge amounts were not provided[105]. - The company achieved compliance with national pollution discharge standards for wastewater, with total mercury emissions meeting standards after treatment[107]. - The company’s waste gas emissions, primarily from thermal power boiler flue gas and cement kiln tail gas, met national pollution discharge standards, with total emissions compliant with local environmental control requirements[107]. - The company has established a comprehensive environmental risk management system and conducted 16 emergency response drills during the reporting period[108]. Shareholder Information - The total number of shares after the recent changes is 671,679,806, with 99.98% being unrestricted shares[129]. - The largest shareholder, Yibin State-owned Assets Management Co., holds 19.04% of the shares, totaling 127,881,770 shares[133]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[134]. - The total equity attributable to the parent company at the end of the reporting period is CNY 4,410,963,075.28, an increase from CNY 4,401,330,702.12 at the end of the previous period, reflecting a growth of approximately 0.22%[174]. Corporate Governance - The half-year financial report has not been audited, indicating a need for further financial scrutiny[82]. - The company has not reported any significant non-public fundraising activities during the reporting period[64]. - The company has not implemented any stock incentive plans or employee shareholding plans during the reporting period[88].

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 8,518,154,926.71, representing a 43.91% increase compared to CNY 5,919,119,825.86 in the same period last year[17]. - The net profit attributable to shareholders of the listed company reached CNY 105,512,107.36, a significant increase of 302.63% from CNY 26,205,916.11 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 71,309,514.71, compared to a loss of CNY 16,496,085.41 in the same period last year, marking a 532.28% improvement[17]. - The net cash flow from operating activities was CNY 304,258,999.78, up 321.64% from CNY 72,161,470.56 in the previous year[17]. - The basic earnings per share increased to CNY 0.1571, a rise of 302.82% compared to CNY 0.0390 in the same period last year[17]. - Total operating revenue for the period reached ¥8,518,154,926.71, a 44.0% increase from ¥5,919,119,825.86 in the previous period[156]. - Net profit for the period was ¥88,559,847.75, significantly up from ¥11,825,080.78, representing a growth of 649.0%[158]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,695,243,410.47, reflecting a 2.19% increase from CNY 13,401,567,645.99 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company were CNY 4,253,382,950.90, up 2.52% from CNY 4,148,964,261.89 at the end of the previous year[17]. - The total assets of the company were reported at ¥12,205,724,035.07, down from ¥12,440,015,937.10, a decrease of 1.9%[157]. - Total liabilities increased from CNY 9,078,026,711.18 to CNY 9,284,280,335.19, a rise of about 2.3%[149]. - The company's equity increased from CNY 4,323,540,934.81 to CNY 4,410,963,075.28, reflecting a growth of about 2%[150]. Cash Flow - The net cash flow from operating activities for the current period is ¥304,258,999.78, a significant increase from ¥72,161,470.56 in the previous period, reflecting a growth of approximately 322%[163]. - Cash inflow from financing activities totaled ¥3,988,608,553.44, slightly up from ¥3,815,876,281.10, marking an increase of about 4.5%[164]. - The ending balance of cash and cash equivalents increased to ¥1,672,207,195.28 from ¥993,373,466.02, reflecting a growth of approximately 68.4%[164]. Investments and Projects - The company obtained 19 patents during the reporting period, including 4 invention patents and 15 utility model patents, bringing the total to 144 patents[35]. - The company is actively advancing key projects, including a 50,000-ton chlorinated titanium dioxide project and important equity investments in ternary cathode materials[35]. - The company has ongoing projects with a total investment of approximately 1,000 million yuan in various chemical production facilities[68]. - The company has invested in the establishment of a new company with 博天环境, which has completed business registration[121]. Market and Industry - The chlor-alkali industry showed a clear recovery trend, with product prices rising compared to the previous year[34]. - The company is positioned as the largest chlor-alkali chemical enterprise in Southwest China, benefiting from the growing demand for lithium battery materials[27]. - The revenue from the South China region surged by 247.89%, reaching ¥3,476,817,257.70, compared to ¥999,415,587.26 in the previous year[41]. Risks and Compliance - The company faces various risks including market, safety, environmental protection, and financial risks, which investors should be aware of[5]. - The company is committed to improving its safety and environmental management systems to comply with increasing regulatory standards[73]. - The company executed pollution discharge standards but specific details on pollutants and discharge amounts were not provided[105]. Shareholder Information - The total number of shares after the recent changes is 671,679,806, with 99.98% being unrestricted shares[129]. - The largest shareholder, Yibin State-owned Assets Management Co., holds 19.04% of the shares, totaling 127,881,770 ordinary shares[132]. - The total number of ordinary shareholders at the end of the reporting period was 49,024[132]. Corporate Governance - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[134]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[139]. - The company has not implemented any stock incentive plans or employee shareholding plans during the reporting period[88]. Social Responsibility - The company plans to assist in the poverty alleviation of 12 households and 34 individuals in Hongyan Village by 2018, with overall poverty alleviation goals set for 2019[112]. - The company has provided assistance to 165 registered impoverished individuals, with a total investment of 123.8 million RMB in poverty alleviation efforts[115].

宜宾天原集团股份有限公司 2018 年第一季度报告全文 宜宾天原集团股份有限公司 2018 年第一季度报告 2018 年 04 月 1 宜宾天原集团股份有限公司 2018 年第一季度报告全文 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。 宜宾天原集团股份有限公司 2018 年第一季度报告全文 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） | 2,972,732,053.34 | 2,199,326,588.78 | | 35.17% | | 归属于上市公司股东的净利润（元） | 49,788,957.71 | 11,662,888.34 | | 326.90% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | 28,530,999.53 | 5,613,624 ...