Group 1: Company Performance - In the first half of 2019, the company reported a revenue of 3.268 billion yuan, a decrease of 4.16% year-on-year [1] - The net profit attributable to shareholders was 827 million yuan, an increase of 17.19% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 627 million yuan [1] Group 2: Industry Context - The company’s vice president and board secretary discussed the dye industry and market conditions during the investor relations activity [1] - The overall performance of the dye market was addressed, indicating challenges faced in the sector [1]

证券代码：002440 证券简称：闰土股份 编号：RTIR-2019-003 浙江闰土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 券商策略会 | | | 参与单位名称及 | 国泰君安春季开工投资专题会议 | | | 人员姓名 | | 专场交流会主持人：国泰君安 李明刚 陈煜 | | | 交流嘉宾： | ...

证券代码：002440 证券简称：闰土股份 编号：RTIR-2019-004 | --- | --- | --- | |-------------------|---------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 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 专场交流会 | | | 参与单位名称及 | 长江证券 2019 | 年度投资策略峰会 | | 人员姓名 | 专场交流会主持人：长江证券 施航 | | | | 交流嘉宾： | | | | | | | | | 泰 ...

证券代码：002440 证券简称：闰土股份 1 浙江闰土股份有限公司投资者关系活动记录表 编号：RTIR-2019-007 | --- | --- | --- | |----------------|---------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ ...

证券代码：002440 证券简称：闰土股份 | --- | --- | --- | |----------------|----------------------------|------------------------------------------------------| | | | | | 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 | | | 参与单位名称及 | 11:00-11:40 ： | | | 人员姓名 | | 汇丰前海证券（沈科、茹艺），保银投资（林建军） | | | 15:20-17:20 ： | | | | | 东方证券（赵辰、杨奇），光大证券（刘濯宇），前海人寿 | | | | （贾宇博），南华基金（许蕾），韶夏资本（潘旭虹），蓝 | | | 美科技（左剑明、邓天） | | | 时间 | 2019 年 9 月 17 | 日上午 11:00-11:40 ，下午 15:20-17:20 | | 地点 | 闰土大厦 2511 ...

Financial Performance - In 2018, the company achieved a revenue of 6.464 billion CNY, a year-on-year increase of 6.72% [3] - The net profit attributable to shareholders in 2018 was 1.313 billion CNY, up 40.45% year-on-year [3] - In Q1 2019, the company reported a revenue of 1.802 billion CNY, a 12.96% increase year-on-year, but a net profit of 260 million CNY, down 15.03% year-on-year [3] Production and Sales - In 2018, the total dye production was 170,200 tons, a decrease of 9.03% year-on-year, while sales were 161,700 tons, down 14.06% year-on-year [3] - The average selling price of dyes increased significantly despite the decline in production and sales volume [3] 2019 Business Goals - The company aims for a total revenue of no less than 7 billion CNY and an operating profit of no less than 2 billion CNY in 2019 [3] Pricing and Inventory - Current prices for disperse dyes are around 70,000 CNY/ton, with transaction prices between 52,000-55,000 CNY/ton; reactive dyes are priced at approximately 32,000 CNY/ton [3] - Prices for key intermediates have risen significantly post the Jiangsu incident, with prices for certain products reaching 55,000 CNY/ton for reducing agents and 150,000 CNY/ton for aniline [3] - The company maintains a reasonable inventory level, with downstream dyeing enterprises and distributors having low stock [3] Market Trends - Dye prices are influenced by safety and environmental regulations, downstream inventory levels, and raw material prices [4] - There is an expectation for price increases in some products following a recent surge in raw material costs [4] Future Developments - The company plans to increase investment in environmental technology upgrades and improve production processes for dye intermediates [5]

编号：RTIR-2018-015 证券代码：002440 证券简称：闰土股份 | --- | --- | --- | |-------------------------|--------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | ...

证券代码：002440 证券简称：闰土股份 浙江闰土股份有限公司投资者关系活动记录表 编号：RTIR-2018-014 | --- | --- | --- | |----------------|--------------------------|--------------------------------------------------------| | | | | | 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 | | 申万宏源（沈衡），兴业证券资管（黄晓峰），苏州云阳宜品 | | 人员姓名 | | 投资（刘江山），中信建投（邓胜），中泰证券（刘强）， | | | | 浙江宝基（王一虎），中国民生信托（罗世超），财通证券 | | | | （赵新裕），元葵资产（朱寅），中信证券（邱颖），上海 | | | | 济海投资（丛金宇），亚商资管（陈一義），兴业证券（王云 | | | 骢），太平洋证 ...

证券代码：002440 证券简称：闰土股份 编号：RTIR-2018-017 浙江闰土股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------|---------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1: Company Performance - In the first half of 2018, the company achieved operating revenue of 3.41 billion CNY, a year-on-year increase of 16.33% [2] - The net profit attributable to shareholders was 706 million CNY, representing a significant year-on-year growth of 75.73%, primarily due to the increase in dye product prices [3] - The company expects net profit attributable to shareholders for the first nine months of 2018 to be approximately 1.0 to 1.1 billion CNY [3] Group 2: Market Situation - China accounts for approximately 60%-70% of global dye production, with three major companies (Zhejiang Longsheng, Runtu Co., and Jihua Group) holding about 70%-75% of the domestic market share [3] - The dye industry exhibits an oligopolistic competition structure, with high market concentration and stable demand [3] Group 3: Price Trends - Currently, disperse dye prices are stable, while reactive dye prices have decreased due to falling prices of related intermediates [3] - The demand for dyes is expected to increase as the downstream printing and dyeing industry enters its traditional peak season [3] Group 4: Production and Environmental Compliance - Three subsidiaries in Jiangsu remain suspended due to local government environmental rectification actions since late April [3] - The subsidiaries have submitted reports for resumption of production after addressing issues in compliance with national environmental laws and regulations [3] Group 5: Industry Environmental Trends - The environmental situation in the dye industry is expected to continue tightening, with pollution prevention being a key focus of China's economic policy [3] - Major enterprises in the industry are beginning to benefit from environmental compliance due to their significant investments in environmental protection [3]