证券代码：002418 证券简称：康盛股份 公告编号：2020-038 浙江康盛股份有限公司 关于举办投资者接待日活动的公告 本公司及董事会全体成员保证本公告内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 浙江康盛股份有限公司（以下简称"公司"）于2020年4月29日披 露了《公司2019年年度报告》，为便于广大投资者深入全面了解公司 情况，公司将在2019年年度股东大会召开日举办投资者接待日活动， 现将有关事项公告如下： 一、接待时间 2020年5月22日（星期五）上午9:00-11:30。 二、接待地点 浙江康盛股份有限公司一楼公司展厅会议室（浙江省淳安县千岛 湖镇康盛路268号）。 三、预约方式 参与投资者请于2020年5月20日和2020年5月21日（09:00-11:30； 13:00-16:00），与公司证券事务部联系，并同时提供问题提纲，以便 接待登记和安排。 联系人：余菲 联系电话：0571-64836953 传真：0571-64836953 电子邮箱：yuf@kasun.cn 四、公司参与人员 公司部分高级管理人员。 - 1 - 五、注意事项 1、来访个人投资者请携带个人身份 ...

Financial Performance - The company's operating revenue for 2019 was ¥2,007,637,162.45, a decrease of 31.21% compared to ¥2,918,320,039.52 in 2018[16] - The net profit attributable to shareholders was -¥542,337,848.28, an improvement of 55.79% from -¥1,226,856,699.21 in the previous year[16] - The net cash flow from operating activities was ¥202,653,365.89, a significant increase of 149.26% compared to -¥411,427,358.60 in 2018[16] - The total assets at the end of 2019 were ¥3,497,573,620.21, down 29.47% from ¥4,958,745,253.02 at the end of 2018[17] - The net assets attributable to shareholders decreased by 46.59% to ¥611,867,357.45 from ¥1,145,578,333.19 in 2018[17] - The basic earnings per share improved to -¥0.48 from -¥1.08, reflecting a 55.56% increase[16] - The weighted average return on net assets was -61.93%, an improvement from -70.41% in 2018[17] - The company reported a net loss of -1,044,950,742.66, a decrease of 29.88% compared to the previous period, primarily due to increased losses attributable to the parent company[60] Operational Changes - The company has faced continuous net losses for two consecutive years, leading to a risk warning for delisting[4] - The company did not distribute any cash dividends or bonus shares for the year[4] - The company is undergoing a change in its actual controller due to a judicial auction of shares[14] - The company has optimized its management structure by consolidating subsidiaries and focusing on core business areas to enhance operational efficiency[36] - The company has divested several subsidiaries, including Chengdu Lian Teng Power Control Technology Co., Ltd., which will no longer be included in the consolidated financial statements[71] - The company ceased to include Zhejiang Kangsheng Investment Management Co., Ltd. in its consolidated financial statements following its cancellation[47] Revenue and Sales Performance - Total revenue for the first quarter was ¥477,122,521.61, while the second quarter saw an increase to ¥567,022,730.73, followed by a decrease to ¥467,250,029.08 in the third quarter, and a slight recovery to ¥496,241,881.03 in the fourth quarter[21] - The net profit attributable to shareholders for the fourth quarter was a loss of ¥385,984,251.66, marking a significant decline compared to previous quarters[21] - The company reported a government subsidy income of ¥16,443,557.57 for the year, which is a decrease from ¥41,149,726.71 in the previous year[21] - The company’s domestic revenue was CNY 1,776.59 million, representing 88.49% of total revenue, with a year-on-year decline of 33.51%[39] - The company achieved total revenue of CNY 2,007.64 million in 2019, a decrease of 31.21% year-on-year[34] - The sales volume of new energy vehicle components decreased by 13.88% to 15,617 sets, while the sales volume of new energy vehicles dropped by 83.31% to 108 sets[42] Research and Development - The company’s R&D efforts led to the development of several new products, including a heat exchange system and various types of pipes and condensers[35] - The company is focusing on the research and development of air conditioning equipment and heat exchangers, indicating a strategic shift towards innovation in product offerings[67] - The company invested 200 million yuan in R&D for new technologies, focusing on electric vehicle components and smart automotive systems[175] - Research and development expenses fell by 33.07% to ¥39,143,289.73, representing 1.95% of total revenue[51] Market Position and Strategy - The company has a production capacity of 100,000 tons for refrigeration steel pipes and 50 million sets for evaporator and condenser components, positioning it as a leading manufacturer in the industry[26] - The company has established over 30 subsidiaries to provide localized services, enhancing its competitive advantage in the market[30] - The company maintains stable relationships with major clients such as Haier, Hisense, and LG, expanding its customer base from domestic to global markets[31] - The company is actively promoting the application of alloy aluminum materials in air conditioning refrigeration systems, leading the industry in material substitution[30] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products or technologies were not detailed in the reports[168] Corporate Governance and Compliance - The company has established a comprehensive corporate governance structure to protect the rights of shareholders and creditors, holding five shareholder meetings during the reporting period[136] - The company emphasizes employee rights and well-being, implementing a full labor contract system and ensuring compliance with national labor laws, including contributions to social insurance[137] - The company has maintained a focus on fair trading principles in all related party transactions to protect the interests of 康盛股份 and its investors[95] - The company has established a framework for accountability in case of any breaches of the commitments made by its management and related parties[95] Shareholder and Equity Information - The total number of shareholders at the end of the reporting period was 45,389, an increase from 43,514 in the previous month[151] - The largest shareholder, Chongqing Tuoyang Investment Co., Ltd., holds 15.75% of shares, totaling 179,000,000 shares, with 44,000,000 shares added during the reporting period[151] - The second-largest shareholder, Chen Hankan, owns 15.58% of shares, amounting to 177,055,632 shares, which are currently frozen[151] - The company has a total of 135,000,000 shares pledged by Changzhou Xinghe Capital Management Co., Ltd.[151] Risks and Challenges - The company recognizes the risks associated with raw material price fluctuations, which significantly impact production costs, and plans to mitigate these through long-term contracts and hedging[81] - The company is at risk of declining sales and profitability in the short term if government subsidies for new energy buses are reduced or eliminated[83] - The company faces risks related to human resources due to increased management pressure and rising labor costs, which may compress profit margins[82] Future Outlook - The company plans to enhance its online sales channels, targeting a 40% increase in e-commerce revenue by the end of 2020[176] - The company has set a revenue guidance of 1.5 billion yuan for 2020, indicating a projected growth of 25%[175] - The company aims to enhance its operational quality and reduce asset burdens in the home appliance sector while increasing profitability[79]

Financial Performance - The company's operating revenue for Q1 2020 was ¥355,549,735.40, a decrease of 25.48% compared to ¥477,122,521.61 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥29,748,469.97, an improvement of 44.50% from a loss of ¥53,598,197.32 year-on-year[8] - The net cash flow from operating activities decreased by 58.81% to ¥50,201,875.24, down from ¥121,886,959.06 in the previous year[8] - The basic and diluted earnings per share improved to -¥0.026 from -¥0.047, representing an increase of 44.68%[8] - The weighted average return on equity was -4.98%, slightly down from -4.79% in the previous year[8] - The company expects a net loss of between ¥-45,000,000 and ¥-30,000,000 for the first half of 2020, compared to a net loss of ¥-96,394,400 in the same period of 2019[20] - Total operating revenue for Q1 2020 was CNY 355,549,735.40, a decrease of 25.5% compared to CNY 477,122,521.61 in the same period last year[40] - Total operating revenue for Q1 2020 was ¥252,335,703.21, a decrease of 33.6% compared to ¥380,148,979.69 in the same period last year[46] - Net profit for Q1 2020 was a loss of ¥30,002,890.09, compared to a loss of ¥54,709,872.51 in Q1 2019, showing an improvement of 45.0%[42] - Operating profit for Q1 2020 was a loss of ¥29,757,111.91, an improvement from a loss of ¥51,585,116.24 in Q1 2019[41] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,509,280,912.89, reflecting a slight increase of 0.33% from ¥3,497,573,620.21 at the end of the previous year[8] - The total liabilities increased to CNY 2,936,607,033.98 from CNY 2,895,644,720.87, indicating a rise of 1.8%[33] - Current liabilities totaled CNY 2,885,223,664.82, compared to CNY 2,862,392,286.97, reflecting a growth of 0.8%[33] - Non-current assets reached CNY 1,770,661,379.70, up from CNY 1,743,199,220.31, marking an increase of 1.6%[34] - The total equity attributable to shareholders decreased to CNY 582,866,757.14 from CNY 611,867,357.45, a decline of 4.7%[34] Cash Flow - Cash and cash equivalents increased by 79.52% to ¥157,998,405.73 due to a rise in net cash flow[16] - Cash inflow from operating activities totaled ¥283,907,547.30, down 36.5% from ¥446,703,563.58 year-on-year[48] - The net cash flow from investment activities was ¥17,372,397.78, compared to a negative cash flow of ¥5,765,669.81 in the previous year[50] - Cash inflow from financing activities was ¥478,746,518.96, significantly higher than ¥176,613,621.61 in the same quarter last year[50] - The ending balance of cash and cash equivalents increased to ¥147,168,405.73 from ¥32,893,383.36 in the previous year[50] - Total cash outflow from operating activities was ¥233,705,672.06, down 28.1% from ¥324,816,604.52 in the previous year[48] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,514[12] - The top shareholder, Chongqing Tuoyang Investment Co., Ltd., held 15.75% of the shares, amounting to 179,000,000 shares, with 135,000,000 shares pledged[12] Investments and Expenses - R&D expenses decreased by 40.18% to ¥4,887,426.75 due to reduced investment in research and development[16] - Financial expenses for Q1 2020 were ¥16,514,789.81, a reduction from ¥30,635,359.21, indicating a decrease of 46.1%[41] - Investment income surged by 114.58% to ¥343,627.66, attributed to enhanced profitability from an associate company[16] - Tax expenses for Q1 2020 were ¥459,620.10, down from ¥1,813,992.48, a decrease of 74.7%[42] - Other income for Q1 2020 was ¥1,995,516.24, compared to ¥3,600,654.99 in Q1 2019, a decline of 44.6%[41] Company Strategy - The company plans to expand its market presence and is currently undergoing restructuring of its subsidiaries[17] - The company has not engaged in any securities investments or entrusted financial management during the reporting period[21][22]

证券代码：002418 证券简称：康盛股份 公告编号：2019-078 浙江康盛股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证本公告内容的真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 为进一步加强与投资者的沟通交流，浙江康盛股份有限公司（以 下简称"公司"）将参加由浙江证监局指导、浙江上市公司协会与深圳 市全景网络有限公司共同举办的"沟通促发展 理性共成长"辖区上市 公司投资者网上集体接待日主题活动。现将本次活动有关事项公告如 下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公 司提供的网上平台举行，投资者可以登录"全景·路演天下"网站 （http://rs.p5w.net）参与公司本次投资者网上接待日活动。网上互动 交流时间为2019年11月5日（星期二）下午15:30-17:00。 届时公司董事长王亚骏先生、董事兼财务总监王达学先生、董事 会秘书李文波先生将采用网络远程方式与投资者进行沟通。（如有特 殊情况，参与人员会有调整） 欢迎广大投资者积极参与。 特此公告。 浙江康盛股份有限公司董事会 二〇一九年十月二十九日 ...

Financial Performance - Net profit attributable to shareholders was CNY -59,959,136.94, a decline of 5,135.77% year-on-year [7]. - Operating revenue for the period was CNY 467,250,029.08, down 25.23% compared to the same period last year [7]. - Basic earnings per share were CNY -0.053, a decrease of 5,400.00% compared to the same period last year [7]. - The net profit attributable to shareholders of the parent company was CNY -15,635.36 million, representing a decline of 1,540.82% from CNY -952.90 million year-on-year [17]. - Net profit for Q3 2019 was a loss of CNY 158,528,434.57, compared to a loss of CNY 12,805,985.10 in the previous year [48]. - The total profit for Q3 2019 was CNY -149,833,902.19, compared to CNY -8,187,200.49 in the same period last year [48]. Cash Flow - The net cash flow from operating activities was CNY -4,014,423.24, an increase of 94.73% year-on-year [7]. - The cash flow from operating activities showed a net inflow of CNY 12,804.67 million, a significant improvement of 127.07% compared to CNY -47,301.72 million in the previous year [17]. - Cash inflow from operating activities totaled CNY 1,235,882,953.30, a decrease of 54.5% from CNY 2,721,036,544.42 in the previous period [55]. - Cash outflow from operating activities was CNY 1,107,836,252.95, down from CNY 3,194,053,792.82, resulting in a net cash flow from operating activities of CNY 128,046,700.35, compared to a net loss of CNY 473,017,248.40 in the previous period [55]. Assets and Liabilities - Total assets decreased by 9.03% to CNY 4,510,803,482.55 compared to the end of the previous year [7]. - Total current assets decreased to CNY 2,738,312,219.86 from CNY 3,245,244,010.91, a decline of approximately 15.6% year-over-year [31]. - Total liabilities decreased to CNY 3,522,324,963.90 from CNY 3,813,857,132.16, a decrease of approximately 7.6% [32]. - The company's total equity decreased to CNY 988,478,518.65 from CNY 1,144,888,120.86, a decline of about 13.7% [33]. Shareholder Information - The company reported a total of 36,046 common shareholders at the end of the reporting period [10]. - The top shareholder, Chen Hankan, holds 15.58% of the shares, with a total of 177,055,632 shares [10]. - Zhejiang Runchen Holding Group Co., Ltd. holds 12.25% of the shares, totaling 139,187,624 shares [10]. Research and Development - Research and development expenses decreased by 34.22% to CNY 2,744.23 million, reflecting reduced investment in R&D projects [15]. - Research and development expenses for Q3 2019 were CNY 27,442,282.14, down 34.2% from CNY 41,719,577.84 year-over-year [47]. Future Outlook - The company expects a net profit for the full year of between CNY -22,000.00 million and CNY -15,000.00 million, indicating a continued decline in sales from the previous year [22]. - The company plans to improve its operating performance by enhancing commercial vehicle order development and seeking government subsidies [22]. Other Financial Activities - The company completed the transfer of a 35% stake in Fujia Financing Leasing Co., Ltd. for CNY 518 million, which was registered in July 2019 [18]. - The company has terminated its participation in the establishment of two new energy industry investment funds due to lack of substantial progress [19]. - The company did not engage in any repurchase transactions during the reporting period [11].

Financial Performance - The company's operating revenue for the first half of 2019 was approximately RMB 1,044.15 million, a decrease of 40.77% compared to the same period in 2018[18]. - The net profit attributable to shareholders of the listed company was approximately RMB -96.39 million, representing a decline of 799.23% year-on-year[18]. - The basic earnings per share for the reporting period was RMB -0.085, a decrease of 844.44% compared to the same period last year[18]. - The company achieved an operating revenue of RMB 104,414.53 million, a year-on-year decrease of 40.77%[34]. - The net profit attributable to shareholders was RMB -9,639.45 million, representing a year-on-year decline of 799.23%[34]. - The net loss for the first half of 2019 was CNY 98,305,778.50, compared to a net loss of CNY 1,894,869.05 in the same period of 2018[139]. - The company reported a total profit of CNY -94,348,254.38 for the first half of 2019, compared to CNY -1,312,240.45 in the same period of 2018[139]. - The company reported a net loss of CNY 633,797,259.78 in 2019, compared to a net loss of CNY 537,402,800.10 in 2018, indicating a worsening of approximately 17.9%[131]. Cash Flow and Investments - The net cash flow from operating activities was RMB 132.06 million, an increase of 133.28% compared to the previous year[18]. - The net cash flow from operating activities improved by 133.28%, reaching ¥132,061,123.59, compared to a negative cash flow of -¥396,864,107.88 in the previous year[39]. - The total cash inflow from operating activities decreased to ¥890,880,184.40 in 2019 from ¥2,352,158,059.50 in 2018, reflecting a decline of approximately 62.2%[147]. - The cash outflow from operating activities also decreased to ¥758,819,060.81 in 2019 from ¥2,749,022,167.38 in 2018, a reduction of about 72.4%[147]. - The net cash flow from investing activities was negative at -¥22,251,435.33 for the first half of 2019, an improvement from -¥51,375,695.01 in 2018[147]. - The company reported a cash inflow of ¥413,250,582.47 from borrowings in the first half of 2019, a decrease from ¥3,472,200,000.00 in the same period of 2018[147]. - The cash outflow for repaying debts was ¥596,429,811.17 in 2019, compared to ¥3,191,600,000.00 in 2018, indicating a reduction of approximately 81.3%[147]. Assets and Liabilities - The total assets at the end of the reporting period were approximately RMB 4,656.52 million, down 6.09% from the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 8.34% to approximately RMB 1,050.01 million[18]. - The company's total assets and owners' equity as of the end of the first half of 2019 were CNY 3,689,763,495.01 and CNY 1,988,409,131.49, respectively[136]. - The company's total current assets decreased from CNY 3,245,244,010.91 in 2018 to CNY 2,853,437,508.08 in 2019, a decline of approximately 12.1%[129]. - The company's total liabilities decreased from CNY 3,813,857,132.16 in 2018 to CNY 3,609,107,199.65 in 2019, representing a decrease of approximately 5.4%[131]. - The total equity attributable to shareholders decreased from CNY 1,145,578,333.19 in 2018 to CNY 1,050,009,548.47 in 2019, a decline of about 8.3%[131]. Market and Operational Strategy - The company plans to focus on the research, production, and sales of home appliance refrigeration parts and new energy vehicles[21]. - The company is actively developing new products, including high-end KST pipes and various types of evaporators, which have been successfully promoted in the market[35]. - The company is expanding its market presence in the commercial vehicle sector, with the delivery of 20 hydrogen fuel cell buses to Chengdu Longquan Public Transport[31]. - The company is focusing on optimizing its product and customer structure to improve operational efficiency and has seen an increase in product gross margin compared to the previous year[35]. - The company is in the process of optimizing and integrating its automotive parts business to improve its operational performance[35]. - The company plans to enhance production efficiency and reduce labor costs through technological innovation and targeted employee training[69]. Risks and Challenges - The company faces risks including raw material price fluctuations, exchange rate fluctuations, and market risks[5]. - The company faces significant risks from raw material price fluctuations, particularly in cold-rolled and hot-rolled steel, aluminum ingots, and copper pipes, which constitute a high proportion of total costs[68]. - The company is at risk from potential changes in government policies regarding subsidies for the new energy vehicle industry, which could impact its business development[69]. - The company anticipates a slowdown in market demand for refrigerators and air conditioners due to the macroeconomic environment, prompting a need for strategic adjustments to maintain market share[69]. Shareholder and Corporate Governance - The total number of shares outstanding is 1,136,400,000, with 88.24% being unrestricted shares[109]. - The company reported a total of 38,496 ordinary shareholders at the end of the reporting period[112]. - Shareholder Chen Hankan holds 15.58% of the shares, with 132,791,724 shares under lock-up[112]. - The company has not engaged in any significant equity or non-equity investments during the reporting period[55][59]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[114][115]. - The company appointed new directors and management on July 16, 2019, including the appointment of Wang Yajun as chairman[120][121]. Environmental and Regulatory Compliance - The company operates a wastewater treatment facility with a daily processing capacity of 1,200 tons, currently treating 180 tons per day[96]. - The company is classified as a key pollutant discharge unit, with COD emissions at 5.7 (standard ≤ 500) and ammonia nitrogen emissions at 0.03 (standard ≤ 35)[96]. - The company has no significant environmental protection issues reported during the period[96]. - The company has implemented an emergency response plan for environmental incidents, which has been submitted to the local environmental protection bureau[100]. - The company has established an environmental monitoring plan in compliance with local environmental protection requirements[102].

Financial Performance - Total revenue for 2018 was approximately ¥2.92 billion, a decrease of 40.99% compared to ¥4.95 billion in 2017[20] - The net profit attributable to shareholders was a loss of approximately ¥1.23 billion, representing a decline of 642.58% from a profit of ¥226 million in 2017[20] - Basic earnings per share for 2018 was -¥1.08, a decrease of 640.00% from ¥0.20 in 2017[21] - The company's total revenue for the reporting period was CNY 291,832 million, a decrease of 40.99% year-on-year[45] - The net profit attributable to shareholders was CNY -122,685.67 million, down 642.58% compared to the previous year[45] - The company's total assets decreased by 60.25% year-on-year, amounting to CNY 495,874.53 million[45] - The company reported a significant decline in cash flow from operating activities, with a net cash flow of -411,427,358.60 CNY, an improvement of 81.50% compared to the previous year[73] - The company reported a net profit of -13,083,000 CNY for the year, indicating a significant loss compared to previous periods[89] Cash Flow and Assets - The net cash flow from operating activities improved by 81.50%, reaching approximately -¥411 million, compared to -¥2.22 billion in 2017[20] - Cash and cash equivalents increased by 32.80% year-on-year, mainly due to the exclusion of Fujia Leasing data and repayment of part of the bank loans[74] - The company's cash and cash equivalents at the end of the period were 128,943,822.89 yuan, a decrease of 4.19% from the previous year[78] - Accounts receivable at the end of the period was 1,836,403,768.43 yuan, accounting for 37.03% of total assets, an increase of 10.74% from the previous year[80] - The company's total assets as of the end of the reporting period were RMB 5 billion, reflecting a 12% growth year-on-year[125] Operational Challenges and Strategies - The company faced significant challenges in 2018, leading to a comprehensive review of its operational strategies and risk management[7] - Future outlook includes addressing identified risk factors and implementing strategies to stabilize financial performance[7] - The company is focusing on restructuring its product offerings and enhancing its internal control systems to improve management efficiency[50] - The company is exploring new product development and market expansion strategies to enhance its competitive position in the industry[89] - The overall performance of the company indicates a need for strategic adjustments to improve profitability and operational efficiency[89] Research and Development - The company continues to focus on research and development of new products and technologies to enhance market competitiveness[7] - The company applied for 77 patents in 2018, with 31 patents granted, including one international invention patent[38] - Research and development expenses decreased by 16.87% to 58,486,572.70 CNY, while the R&D expenditure as a percentage of operating income increased to 2.00%[71] - The company has been focusing on the research and development of new energy vehicle systems and components[91] Market and Sales Performance - The company reported a quarterly revenue of 788,628,416.67 CNY in Q1, 974,160,217.07 CNY in Q2, 624,941,566.67 CNY in Q3, and 530,589,839.11 CNY in Q4, showing a decline in the last two quarters[25] - The domestic retail volume of refrigerators in 2018 was 31.48 million units, a decrease of 6.2% year-on-year, while the retail volume of air conditioners increased by 2.3% to 59.24 million units[33] - The company sold 647 complete vehicles during the reporting period, including breakthroughs in city buses and hydrogen fuel cell buses[46] - The company plans to launch two new electric vehicle models in the upcoming year, targeting a 10% increase in market share[126] Subsidiaries and Acquisitions - The company completed a major asset swap, acquiring a 100% stake in Zhongzhi Yike, a new energy vehicle manufacturer, which has become a wholly-owned subsidiary since September 30, 2018[30] - The company acquired 100% of Zhongzhi Yike Chengdu Automobile Co., Ltd., which was included in the consolidated financial statements from September 30, 2018[65] - The company has disposed of Fujia Financing Leasing Co., which will no longer be included in the consolidated financial statements[91] Corporate Governance and Compliance - The company has committed to ensuring that any competitive business opportunities are prioritized for the company following the completion of major asset acquisitions[118] - The company guarantees that all materials and information provided for the transaction are true, accurate, and complete, with individual and joint legal responsibilities for any violations[120] - The company has established a long-term commitment to comply with relevant laws and regulations regarding information disclosure[120] - The company emphasizes its commitment to social responsibility and community development, actively supporting social welfare initiatives[160] Future Outlook and Risks - Future outlook includes potential restructuring and investment in technology to drive growth and recovery from current losses[89] - The company faces risks from raw material price fluctuations, particularly in steel, aluminum, and copper, which constitute a significant portion of total costs[101] - The company is exposed to exchange rate fluctuations due to its growing export business, which could impact pricing and economic benefits[102] - Changes in subsidy standards for NEVs may adversely affect the company's business if support policies do not meet expectations[106]

Financial Performance - The company's operating revenue for Q1 2019 was ¥477,122,521.61, a decrease of 39.50% compared to ¥788,628,416.67 in the same period last year[7]. - The net profit attributable to shareholders was a loss of ¥53,598,197.32, representing a decline of 581.42% from a profit of ¥13,127,401.72 in the previous year[7]. - The basic and diluted earnings per share were both -¥0.047, a decline of 571.43% from ¥0.012 in the same period last year[7]. - Operating revenue fell by 39.50% to ¥477,122,521.61, attributed to the exclusion of Fuhua Leasing data and a decline in sales across all business segments[15]. - Net profit decreased by 5458.16% to -¥54,709,872.51, primarily due to reduced sales scale and increased losses[15]. - Total profit dropped by 1456.63% to -¥52,895,880.03, reflecting decreased sales scale and the exclusion of Fuhua Leasing profits[15]. - The net loss for Q1 2019 was CNY 54,709,872.51, compared to a net loss of CNY 984,315.93 in Q1 2018[45]. - The company's total assets decreased to CNY 4,747,765,348.27 from CNY 4,958,745,253.02, a decline of 4.25%[37]. - The net loss attributable to the parent company increased to CNY -591,000,997.42 from CNY -537,402,800.10, indicating a worsening of 9.94%[37]. Cash Flow and Assets - The net cash flow from operating activities improved to ¥121,886,959.06, a significant increase of 139.60% compared to a negative cash flow of ¥322,872,719.53 in the same period last year[7]. - Cash and cash equivalents decreased by 44.90% to ¥71,043,263.36 due to repayment of short-term loans[15]. - The cash balance at the beginning of the period was ¥72,265,892.57, reflecting a decrease of 72.30% from the previous period[17]. - The company reported a net decrease in cash and cash equivalents of ¥39,372,509.21 during the period[17]. - Total current assets amounted to approximately ¥1.22 billion, with cash and cash equivalents at ¥67.15 million and accounts receivable at ¥264.19 million[65]. - Total non-current assets reached approximately ¥2.39 billion, including long-term equity investments of ¥1.83 billion and investment properties valued at ¥169.20 million[66]. - The company’s total current assets were reported at 3,245,244,010.91 CNY, with cash and cash equivalents being a significant component[60]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,883[11]. - Major shareholders include Chen Hankan with 15.58% and Zhejiang Runchen Holding Group Co., Ltd. with 13.03%[11]. - The company has committed to maintaining its controlling position in Zhongzhi New Energy Vehicle Co., Ltd. and will transfer its shares to Kangsheng Co. or its controlled subsidiaries under certain conditions[27]. Strategic Initiatives and Outlook - The company provided a positive outlook for the upcoming quarters, projecting a revenue growth of 10-15% for the full year 2019[21]. - New product launches are expected to contribute an additional 5% to the overall revenue in the next quarter[21]. - The company is investing in R&D, with a budget increase of 25% for new technology development in 2019[21]. - Market expansion plans include entering two new international markets by the end of Q3 2019[21]. - The company is considering strategic acquisitions to enhance its market position, with a focus on companies in the tech sector[21]. - A new marketing strategy has been implemented, aiming to increase brand awareness by 30% over the next six months[21]. - Kangsong is considering strategic acquisitions to enhance its supply chain efficiency, targeting companies with annual revenues between 100 million to 300 million RMB[23]. Compliance and Governance - The management team emphasized the importance of maintaining strong corporate governance and compliance with regulatory requirements[21]. - The actual controller of the company has made commitments to avoid any business competition with the company post-major asset acquisition[19]. - The company has not faced any administrative penalties or significant civil lawsuits in the last five years[25]. - The company has fulfilled its legal disclosure and reporting obligations regarding the target company and its equity[25]. Research and Development - Research and development expenses for Q1 2019 were CNY 8,170,697.73, down from CNY 10,497,725.25 in the previous year[43]. - Kangsong is investing in new product development, with a budget allocation of 50 million RMB for R&D in electric vehicle technology[23]. Financial Adjustments and Standards - The company is adapting to new financial standards, which may impact future financial reporting and performance metrics[58]. - The company adjusted its financial reporting to comply with new financial instrument standards, affecting the classification of certain assets[67].

浙江康盛股份有限公司 2018 年三季度报告全文 2 浙江康盛股份有限公司 2018 年第三季度报告 2018 年 10 月 1 浙江康盛股份有限公司 2018 年三季度报告全文 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。 公司负责人陈汉康、主管会计工作负责人周景春及会计机构负责人(会计主 管人员)高翔声明：保证季度报告中财务报表的真实、准确、完整。 浙江康盛股份有限公司 2018 年三季度报告全文 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 追溯调整或重述原因 同一控制下企业合并 | | 本报告期末 | | | 上年度末 | | | 本报告期末比上年 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | 度末增减 | | | | | | 调整前 | | 调整后 | | 调整后 ...

Financial Performance - The company's operating revenue for the first half of 2018 was approximately ¥1.56 billion, representing a 4.18% increase compared to the same period last year[17]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥6.72 million, a decrease of 109.30% year-on-year[17]. - The net cash flow from operating activities was a negative ¥359.14 million, reflecting a 273.70% decline compared to the previous year[17]. - The basic earnings per share were -¥0.006, down 110.00% from ¥0.06 in the same period last year[17]. - The company's operating profit was CNY 4.24 million, a significant decrease of 96.18% compared to the previous year[31]. - The net profit attributable to the parent company was CNY -6.72 million, representing a year-on-year decline of 109.30%[31]. - The company reported a significant decline in net profit and cash flow, indicating potential challenges in operational efficiency and market conditions[17]. - The company reported a net loss attributable to shareholders of CNY 6,724,131.98, compared to a profit of CNY 72,282,867.29 in the same period last year[140]. - The company experienced an asset impairment loss of CNY 30,984,368.66, compared to a gain of CNY 5,088,799.28 in the previous year[139]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥9.84 billion, an increase of 2.58% from the end of the previous year[17]. - The net assets attributable to shareholders of the listed company decreased by 1.38% to approximately ¥2.20 billion[17]. - The total liabilities amounted to CNY 7,452,046,139.91, compared to CNY 7,182,510,731.47, reflecting an increase of approximately 3.75%[131]. - The total non-current assets decreased to CNY 4,984,271,969.86 from CNY 5,410,583,377.57, a decline of about 7.88%[130]. - The total amount of equity attributable to shareholders has increased to 1,788.1 million RMB, showcasing growth in shareholder value[161]. Cash Flow - The net cash flow from operating activities was -359,139,320.88 CNY, compared to -96,102,929.05 CNY in the previous period, indicating a decline in operational performance[147]. - Total cash inflow from operating activities was 1,981,798,825.53 CNY, while cash outflow was 2,340,938,146.41 CNY, resulting in a net cash outflow of 359,139,320.88 CNY[147]. - Cash inflow from financing activities was 3,530,660,000.00 CNY, while cash outflow was 3,326,919,041.49 CNY, resulting in a net cash inflow of 203,740,958.51 CNY[148]. - The total cash and cash equivalents at the end of the period were 115,449,529.26 CNY, down from 525,538,744.11 CNY in the previous period[149]. Investment and R&D - The company invested CNY 17.45 million in the "New Energy Vehicle R&D Center" project during the reporting period[24]. - Research and development investment decreased by 7.08% to ¥16,079,987.51, down from ¥17,304,458.94[35]. - The company has accumulated over 170 patents, enhancing its core competitiveness in the industry[26]. Market and Competition - The company holds a market share of over 30% in the refrigeration steel pipe market and 60% in the domestic refrigerator condenser market[25]. - The company anticipates intensified market competition due to a slowdown in industry growth, prompting potential price-cutting strategies from competitors[61]. - To address market risks, the company will adjust product structures, accelerate technology research and development, and pursue differentiated competition[61]. Risk Management - The company is facing risks including raw material price fluctuations, exchange rate fluctuations, and market risks[5]. - The company faces significant cost pressure due to fluctuations in raw material prices, particularly for cold-rolled and hot-rolled steel, aluminum ingots, and copper pipes, which constitute a high proportion of total costs[58]. - To mitigate raw material price risks, the company plans to sign long-term contracts with suppliers and engage in commodity futures hedging[58]. - The financing leasing business is exposed to asset and liability risks, with the company implementing a risk control system and optimizing client targeting to mitigate these risks[65]. Corporate Governance - The management emphasized the importance of maintaining strong corporate governance and compliance with regulatory requirements to protect investor interests[71]. - The actual controller of the company has committed to not engaging in competing businesses with the company, ensuring compliance with previous commitments[69]. Future Outlook - The company provided a positive outlook for the second half of 2018, projecting a revenue growth of 25% driven by new product launches and market expansion strategies[71]. - The company plans to enter the new energy vehicle manufacturing sector through a major asset restructuring involving the acquisition of 44.42% of Yantai Shuchi's shares[31]. - Future strategies include enhancing digital marketing efforts to increase brand awareness and customer engagement, aiming for a 30% increase in online sales by the end of 2018[71]. Environmental Compliance - Zhejiang Kangsong reported a total wastewater discharge of 30 tons, with chemical oxygen demand (COD) at 5.479 tons and ammonia nitrogen at 2.2 tons, all within the regulatory limits[98]. - The company has a wastewater treatment facility that operates normally, ensuring compliance with environmental standards[99]. - The wastewater monitoring system was successfully accepted by local environmental authorities, ensuring ongoing compliance with environmental regulations[100]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,442[113]. - The largest shareholder, Chen Hankan, holds 15.58% of shares, totaling 177,055,632 shares, with 148,610,276 shares pledged[113]. - The employee stock ownership plan purchased 3,942,794 shares, accounting for 1.04% of the total share capital, with a total transaction amount of RMB 139,674,070.40[79].