Financial Performance - The company's operating revenue for Q1 2019 was ¥1,048,808,042.54, representing a 39.13% increase compared to ¥753,824,883.24 in the same period last year[7]. - Net profit attributable to shareholders was ¥42,586,328.31, a significant increase of 339.76% from ¥9,683,918.10 in the previous year[7]. - Basic earnings per share rose to ¥0.08, up 300% from ¥0.02 in the same period last year[7]. - Operating revenue for the period reached 1,048.81 million CNY, an increase of 294.98 million CNY, up 39.13% year-on-year[16]. - Net profit attributable to the parent company was 42.59 million CNY, an increase of 32.90 million CNY, up 339.76% year-on-year, mainly due to increased product sales and recovery of gross profit margin[18]. - Net profit for Q1 2019 was ¥47,620,515.21, compared to ¥11,322,384.40 in Q1 2018, representing a significant increase of 320.5%[39]. Cash Flow - The net cash flow from operating activities improved to -¥134,453,025.22, a 43.72% reduction in cash outflow compared to -¥238,917,237.84 in the previous year[7]. - Cash flow from operating activities was -134.45 million CNY, an increase in inflow of 104.46 million CNY, up 43.72% year-on-year[19]. - The cash flow from operating activities showed a net outflow of CNY 134,453,025.22, an improvement from a net outflow of CNY 238,917,237.84 in the previous year[47]. - The total cash inflow from operating activities was CNY 745,195,532.97, an increase of 16.8% compared to CNY 637,869,778.42 in the previous period[51]. - The net cash flow from operating activities was -CNY 91,817,474.35, worsening from -CNY 67,225,658.72 in the previous period[51]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,578,933,264.98, a decrease of 4.74% from ¥3,756,904,994.95 at the end of the previous year[7]. - Total liabilities as of March 31, 2019, were 11.20 billion CNY, a decrease from 13.45 billion CNY as of December 31, 2018[30]. - The company's total assets as of March 31, 2019, were ¥2,668,629,473.75, a slight decrease from ¥2,709,691,201.51 at the end of 2018[36]. - The company's total liabilities decreased to ¥748,997,311.44 from ¥833,821,234.05, a reduction of 10.2%[35]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 42,876, with the top ten shareholders holding a combined 34.24% of the shares[10]. - The equity attributable to shareholders of the parent company rose to ¥1,919,632,162.31 from ¥1,875,869,967.46, an increase of 2.3%[36]. Expenses - Operating costs for the period were 912.71 million CNY, an increase of 237.97 million CNY, up 35.27% year-on-year[16]. - Sales expenses for the period were 38.78 million CNY, an increase of 19.12 million CNY, up 97.25% year-on-year, mainly due to increased logistics costs associated with higher product sales[17]. - Research and development expenses for Q1 2019 were ¥13,596,315.77, down from ¥22,165,786.75 in the previous year, indicating a decrease of 38.8%[37]. - Tax expenses for the period were 11.57 million CNY, an increase of 9.80 million CNY, up 552.21% year-on-year, due to increased taxable income[18]. Investment Activities - Investment income for the period was 25.75 million CNY, an increase of 28.82 million CNY, primarily from the transfer of all shares of Lingtu Software[18]. - The company completed the transfer of all shares of Beijing Lingtu Software Technology Co., Ltd., resulting in a 100% decrease in held-for-sale assets[14]. - The company received CNY 606,510,000.00 in cash from investment recoveries, compared to CNY 312,000,000.00 in the previous year[48]. - Cash inflow from investment activities totaled CNY 131,757,981.64, up from CNY 60,322,975.34, marking a significant increase[51]. Other Financial Metrics - The company's deferred income increased by 74.83% to ¥157,189,100.00, attributed to the completion of production line relocations[15]. - The company reported a significant increase in prepayments, which rose to ¥220,235,624.10 from ¥185,433,840.13, reflecting a growth of 18.7%[33]. - Asset impairment losses for the period were 9.56 million CNY, an increase of 5.25 million CNY, up 121.69% year-on-year, due to normal provisions for bad debts[18]. - The report for the first quarter was not audited[53].

浙江金洲管道科技股份有限公司 2018 年第三季度报告正文 证券代码：002443 证券简称：金洲管道 公告编号：2018-044 浙江金洲管道科技股份有限公司 2018 年第三季度报告正文 2018 年 10 月 1 浙江金洲管道科技股份有限公司 2018 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人孙进峰、主管会计工作负责人鲁冬琴及会计机构负责人(会计主 管人员)鲁冬琴声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江金洲管道科技股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | 除上述各项之外的其他营业外收入和支出 | 204,041.09 | | | --- | --- | --- | | 减：所得税影响额 | 3,942,772.92 | | | 少数股东权益影响额（税后） | 98,802.56 | | ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,980,371,747.55, representing a 27.14% increase compared to CNY 1,557,631,018.83 in the same period last year[16]. - The net profit attributable to shareholders was CNY 65,739,759.32, a significant increase of 70.98% from CNY 38,447,823.98 year-on-year[16]. - The net profit after deducting non-recurring gains and losses surged by 374.95% to CNY 47,569,095.85, compared to CNY 10,015,540.27 in the previous year[16]. - The basic earnings per share rose by 85.71% to CNY 0.13, up from CNY 0.07 in the same period last year[16]. - The company achieved operating revenue of 1.98 billion yuan, a year-on-year increase of 27.14%[38]. - The net profit attributable to the parent company reached 65.74 million yuan, an increase of 27.29 million yuan, up 70.98% year-on-year[43]. - The company reported a significant increase in other receivables, rising to ¥32,778,268.05 from ¥23,127,102.40, an increase of approximately 41.6%[135]. - The company reported a total comprehensive income for the current period of ¥71,084,763.40, compared to ¥39,337,737.86 in the previous period, indicating a significant increase[144]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,421,143,295.42, reflecting a 5.09% increase from CNY 3,255,595,007.71 at the end of the previous year[16]. - The net assets attributable to shareholders increased by 3.09% to CNY 2,194,272,760.89, compared to CNY 2,128,533,001.57 at the end of the last year[16]. - Total liabilities rose to ¥1,091,734,146.46 from ¥997,270,622.15, indicating an increase of about 9.5%[137]. - The company's equity attributable to shareholders increased to ¥2,194,272,760.89 from ¥2,128,533,001.57, a growth of approximately 3.1%[138]. - The total liabilities decreased from ¥741,703,066.76 to ¥678,552,894.47, a reduction of approximately 8.5%[143]. Cash Flow - The net cash flow from operating activities was negative at CNY -299,468,147.75, worsening by 134.83% from CNY -127,524,650.05 in the previous year[16]. - The net cash flow from investing activities was 235.48 million yuan, an increase of 21.59% year-on-year, due to increased cash recovery from investments[44]. - The net cash flow from financing activities was 122.53 million yuan, an increase of 418.60% year-on-year, primarily due to increased bank loans for operational turnover[44]. - The ending cash and cash equivalents balance was ¥243,942,135.72, slightly down from ¥249,015,483.69 in the previous period[150]. - Total cash inflow from operating activities was impacted by a significant increase in cash paid for goods and services, which rose to ¥2,026,995,070.57 from ¥1,579,379,504.87, a 28.3% increase[149]. Market and Operations - The company is a leading supplier of welded steel pipe products in China, specializing in the research, manufacturing, and sales of various types of pipes[24]. - The company has established a domestic leading pipeline testing and inspection center, certified by multiple international standards, ensuring high product quality[24]. - The company has a strong focus on technological research and development, with 144 dedicated R&D personnel and significant investments in research facilities[30]. - The company has developed a comprehensive range of oil and gas transportation pipes, covering the entire process from drilling to end-user applications[31]. - The company expanded its market presence by developing over 20 new markets, including Liyang Water and Zhanjiang Water[33]. Investments and Projects - The company has invested in joint ventures with major players like Jiangsu Shagang Group, enhancing its production capabilities[34]. - The project for the annual production of 200,000 tons of high-grade oil and gas transmission pre-welded spiral pipes has achieved 84.93% of its investment progress[61]. - The company utilized excess raised funds of CNY 100 million to repay bank loans and CNY 70 million for permanent working capital[62]. - The company has fully utilized all excess raised funds as of the reporting date[62]. Shareholder Information - The largest shareholder, Horgos Wanmu Long Equity Investment Co., Ltd., holds 20.13% of the shares, totaling 104,773,820 shares, with an increase of 20,821,632 shares during the reporting period[120]. - The total number of shares held by the top ten shareholders includes significant stakes from individual shareholders such as Liu Shuang (2.88%, 15,000,000 shares) and Yu Jinfang (1.25%, 6,515,400 shares)[120]. - The company reported a total of 520,535,520 shares outstanding, with 96.68% being unrestricted shares[112]. Environmental and Regulatory Compliance - The company does not belong to the key pollutant discharge units as per environmental protection department announcements[103]. - The company has established an emergency response plan in accordance with environmental protection system requirements[105]. - The company’s wastewater treatment resulted in a discharge of 30 tons of ammonia nitrogen, which is below the approved discharge limit[102]. - The company has passed environmental impact assessments for its construction projects and strictly adheres to the "three simultaneous" principle[104]. Risks and Future Outlook - The company faces risks from macroeconomic changes, which could directly impact the market demand for welded steel pipe products[73]. - The company recognizes the risk of industry competition due to low concentration and overcapacity in the domestic pipeline industry[74]. - The company plans to adjust its product structure and enhance product value to effectively control manufacturing costs and improve overall competitiveness[74]. - The company anticipates stable production and operational performance, with product sales continuing to grow[75].

Dividend Distribution - The company plans to distribute a cash dividend of 1.00 yuan per 10 shares to all shareholders, based on a total of 520,535,520 shares[4]. - The company achieved a net profit of RMB 162,651,550.26 for the year 2017, with a cash dividend distribution of RMB 52,053,552.00, representing 32.00% of the net profit attributable to shareholders[131]. - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares for the year 2017, based on a total share capital of 520,535,520 shares[135]. Shareholding Structure - The actual controller of the company changed to Sun Jinfeng, Feng Kun, and Li Qiaosi, with Wanmulong Investment Company holding 52,719,761 shares, accounting for 10.1280% of the total share capital[14]. - The company’s shareholding structure saw a reduction in limited sale shares due to resignations of several directors and executives[183]. - The total number of common shareholders at the end of the reporting period was 54,129, compared to 47,589 at the end of the previous month[189]. - The largest shareholder, Horgos Wanmulong Equity Investment Co., Ltd., holds 16.13% of the shares, amounting to 83,952,188 shares[190]. - The company’s independent director, Li Huaqi, holds no shares, maintaining a consistent position with no changes during the reporting period[200]. Financial Performance - The company reported no changes in its main business since its listing, indicating stability in operations[14]. - The company has not made any adjustments or restatements to previous years' accounting data, ensuring consistency in financial reporting[15]. - The company’s operating revenue for 2017 was CNY 3,862,947,737.01, an increase of 46.44% compared to CNY 2,637,833,939.30 in 2016[16]. - Net profit attributable to shareholders was CNY 162,651,550.26, representing a significant increase of 158.91% from CNY 62,820,447.95 in the previous year[16]. - The company reported a negative net cash flow from operating activities of CNY -64,803,484.44, a decline of 317.04% compared to CNY 29,857,873.80 in 2016[16]. Assets and Liabilities - Total assets at the end of 2017 were CNY 3,255,595,007.71, a slight decrease of 0.12% from CNY 3,259,501,839.64 at the end of 2016[16]. - The debt-to-asset ratio improved to 30.63%, down from 35.16% at the beginning of the period[42]. - The company’s cash and cash equivalents increased by 26.16 million, compared to a decrease of 23.07 million in the previous year[65]. Research and Development - The company has 144 dedicated R&D personnel, including 32 with senior titles or master's degrees, and has established various research platforms, with total research equipment valued at over 36 million yuan[29]. - The company has authorized 35 patents during the reporting period, including 9 invention patents, and has received multiple awards for its innovative products[29]. - The total revenue from research and development reached ¥123.62 million in 2017, a 57.36% increase from ¥78.56 million in 2016[60]. Market Position and Strategy - The company is a leading supplier of welded steel pipe products in China, with a focus on research, manufacturing, and sales of various types of pipes[25]. - The company has established strong relationships with major energy companies such as PetroChina and Sinopec, becoming a key supplier for their pipeline needs[32]. - The company aims to transform into a comprehensive oil and gas energy equipment service enterprise, leveraging its experience in pipeline R&D and manufacturing[108]. Risks and Challenges - The company faces risks related to macroeconomic changes, which could impact the demand for its products in the energy and construction sectors[124]. - The company is exposed to industry competition risks due to low market concentration and potential overcapacity in the pipeline industry[125]. - The cost of raw materials, particularly hot-rolled steel strips and zinc ingots, constitutes approximately 90% of the production costs, making the company vulnerable to price fluctuations[125]. Environmental and Social Responsibility - The company adheres to ISO14001 environmental management standards, focusing on pollution prevention and ecological protection[172]. - The company actively participates in social responsibility initiatives, including charitable donations and community support[174]. - The company has established an emergency response plan for sudden environmental incidents in accordance with environmental system requirements[177]. Corporate Governance - The company has a dedicated accounting firm, Tianjian Accounting Firm, which oversees its financial audits, enhancing credibility[15]. - The company has maintained its accounting firm, Tianjian Accounting Firm, for 11 consecutive years, with an audit fee of CNY 750,000[143]. - The company has no significant litigation or arbitration matters during the reporting period[144].

Financial Performance - The company's operating revenue for Q1 2018 was ¥753,824,883.24, representing a 16.50% increase compared to ¥647,067,973.54 in the same period last year[8] - Net profit attributable to shareholders for Q1 2018 was ¥9,683,918.10, a significant increase of 47.42% from ¥6,568,747.43 in the previous year[8] - Basic earnings per share doubled to ¥0.02 from ¥0.01, indicating a 100.00% increase[8] - Net profit attributable to the parent company was 9.68 million yuan, an increase of 3.12 million yuan or 47.42% year-on-year, driven by increased gross profit from product sales[18] - The company expects net profit attributable to shareholders for the first half of 2018 to be between 38.45 million yuan and 57.67 million yuan, indicating a growth range of 0% to 50% compared to the same period in 2017[21] Cash Flow - The net cash flow from operating activities was negative at ¥-238,917,237.84, worsening by 42.43% compared to ¥-167,749,078.94 in the same period last year[8] - Operating cash flow net amount was -238.92 million yuan, a decrease of 71.17 million yuan or 42.43% year-on-year, mainly due to increased cash payments for goods and services[19] - Investment cash flow net amount was 101.80 million yuan, an increase of 78.45 million yuan or 335.99% year-on-year, primarily due to a decrease in cash paid for investments[19] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,401,834,178.97, up 4.49% from ¥3,255,595,007.71 at the end of the previous year[8] - The company's net assets attributable to shareholders increased slightly by 0.45% to ¥2,138,216,919.67 from ¥2,128,533,001.57[8] - Accounts receivable decreased by 44.66% to ¥66,119,900 from the beginning of the year, primarily due to the endorsement transfer of notes for raw material payments[16] - Prepaid accounts increased by 85.04% to ¥319,223,100, attributed to higher steel order volumes during the reporting period[16] - Other receivables rose by 188.69% to ¥66,765,600, mainly due to payments for land acquisition and deposits totaling ¥45,769,500[16] - Other payables at the end of the reporting period amounted to 31.33 million yuan, an increase of 21.29 million yuan or 212.07% compared to the beginning of the period, mainly due to financial support received by the subsidiary[17] Expenses - Sales expenses for the period reached 19.66 million yuan, up by 6.57 million yuan or 50.16% year-on-year, primarily due to increased shipping costs from expanded sales regions[17] - Management expenses totaled 42.86 million yuan, an increase of 17.69 million yuan or 70.27% year-on-year, mainly due to higher product research and development costs[17] Government Support and Compliance - The company received government subsidies amounting to ¥12,872,272.85 during the reporting period, related to operational losses and other government support[9] - Other income for the period was 12.22 million yuan, an increase of 12.22 million yuan year-on-year, due to the reclassification of government subsidies[17] - The company reported no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[22][23] Taxation - Tax and surcharges for the period were 2.14 million yuan, an increase of 0.59 million yuan or 38.05% year-on-year, attributed to the increase in value-added tax payable[17]

2017 年 10 月 1 浙江金洲管道科技股份有限公司 2017 年第三季度报告正文 证券代码：002443 证券简称：金洲管道 公告编号：2017-095 浙江金洲管道科技股份有限公司 2017 年第三季度报告正文 浙江金洲管道科技股份有限公司 2017 年第三季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈淦荣、主管会计工作负责人鲁冬琴及会计机构负责人(会计主 管人员)鲁冬琴声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江金洲管道科技股份有限公司 2017 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 □ 适用 √ 不适用 公司报告期不存在将根据《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》定义、列举的非经常性损益 项目界定为经常性损益的项目的情形。 | | 本报告期末 | 上年度末 | | 本报告期 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥1,557,631,018.83, representing a 35.57% increase compared to ¥1,148,930,399.54 in the same period last year[16]. - Net profit attributable to shareholders decreased by 26.83% to ¥38,447,823.98 from ¥52,544,477.52 year-on-year[16]. - The net profit after deducting non-recurring gains and losses dropped by 72.25% to ¥10,015,540.27 compared to ¥36,087,585.29 in the previous year[16]. - Basic earnings per share decreased by 30.00% to ¥0.07 from ¥0.10 year-on-year[16]. - The company achieved a main business revenue of 1.486 billion yuan, an increase of 34.41% compared to the same period last year[35]. - The main business cost was 1.341 billion yuan, which rose by 42.03% year-on-year[35]. - The gross profit margin for products was 9.75%, down 4.84% from the previous year[36]. - The company reported a net profit of 16,577,196.7 yuan for the pipeline manufacturing subsidiary, with a year-on-year increase of 675.38%[70]. - The company expects a net profit for the first three quarters of 2017 to be between 6,379.64 and 7,655.56 million yuan, representing a growth of 50.00% to 80.00% compared to the same period in 2016[73]. Cash Flow and Investments - The net cash flow from operating activities was negative at -¥127,524,650.05, a decline of 277.81% from ¥71,720,991.59 in the same period last year[16]. - The company received tax refunds amounting to ¥572,558.71 and government subsidies totaling ¥25,174,744.13 related to operational losses and other government support[20]. - The company reported a cash and cash equivalents balance of CNY 249,015,483.69 at the end of the period, an increase from CNY 217,051,049.18 at the end of the previous period[154]. - The total cash inflow from investment activities was CNY 888,523,062.38, while the cash outflow was CNY 694,855,324.28, resulting in a net cash inflow of CNY 193,667,738.10[153]. - The company incurred asset impairment losses of CNY 19,901,592.45, significantly higher than CNY 1,052,509.89 in the previous year[148]. - The cash flow from operating activities showed a net outflow of CNY 127,524,650.05, compared to a net inflow of CNY 71,720,991.59 in the same period last year[153]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,369,231,881.63, an increase of 3.37% from ¥3,259,501,839.64 at the end of the previous year[16]. - Total liabilities rose to ¥1,216,502,799.53 from ¥1,146,110,495.40, which is an increase of about 6.1%[137]. - The company's total assets decreased to ¥2,641,212,452.96 from ¥2,780,136,565.86, a reduction of approximately 5%[142]. - The company's cash and cash equivalents rose significantly to ¥35,380,076.86 from ¥20,061,211.98, an increase of 76%[140]. - The total current assets increased to ¥2,105,092,789.71 from ¥1,776,447,139.83, representing a growth of approximately 18.5%[135]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[6]. - The total number of ordinary shareholders at the end of the reporting period was 61,043[120]. - The largest shareholder, Horgos Wanmu Long Equity Investment Co., Ltd., held 57,649,461 shares, representing 11.08% of the total shares[120]. - The actual controller of the company changed after the transfer of shares, with the new major shareholder holding 10.13% of the total shares[115]. Operational Highlights - The company has established a national-level technology center and has a dedicated R&D team of 140 personnel, including 32 with senior titles or master's degrees[28]. - The company is recognized as a national high-tech enterprise and has a strong focus on technological innovation and quality improvement[26]. - The company has actively participated in major domestic and international energy pipeline projects, enhancing its reputation and market position[26]. - The company has invested in advanced production technology, including a two-step welding process that significantly improves welding quality and efficiency[29]. - The company is strategically expanding its international market presence to enhance its market share[35]. Risk Management and Future Outlook - The company emphasizes the importance of investment risk awareness for investors regarding future development statements[5]. - The company is facing risks from macroeconomic changes that could impact demand for its products in the energy and construction sectors[74]. - The company plans to optimize its asset structure and increase equity transfer income, which is expected to improve operational performance[73]. - The company aims to enhance its core competitiveness through technological innovation and smart manufacturing capabilities[75]. Compliance and Governance - The company has committed to avoiding related party transactions that could harm the interests of minority shareholders[83]. - The company has not undergone any major litigation or arbitration matters during the reporting period[87]. - The half-year financial report has not been audited[85]. - The company has no plans for stock incentive programs or employee shareholding plans during the reporting period[89].

Financial Performance - The company's operating revenue for 2016 was ¥2,637,833,939.30, a decrease of 0.14% compared to ¥2,641,571,973.69 in 2015[15] - The net profit attributable to shareholders for 2016 was ¥62,820,447.95, representing a decline of 34.13% from ¥95,364,225.02 in 2015[15] - The net cash flow from operating activities decreased by 92.40% to ¥29,857,873.80 in 2016, down from ¥393,093,664.33 in 2015[15] - Basic earnings per share for 2016 were ¥0.12, a decrease of 33.33% compared to ¥0.18 in 2015[15] - The net profit after deducting non-recurring gains and losses was ¥37,872,162.54 in 2016, a decrease of 54.44% from ¥83,131,092.38 in 2015[15] - The company achieved operating revenue of CNY 263,783.39 million, a slight decrease of 0.14% year-on-year[39] - The net profit attributable to the parent company was CNY 62,820.40 million, a decrease of 34.13% year-on-year, primarily due to increased investment losses and higher interest expenses[42] - The company achieved a net profit of CNY 62,820,447.95 for 2016, with a cash dividend of CNY 0.40 per share, totaling CNY 20,821,420.80 distributed to shareholders[115] Assets and Liabilities - Total assets increased by 19.11% to ¥3,259,501,839.64 at the end of 2016, up from ¥2,736,575,748.31 at the end of 2015[15] - The net assets attributable to shareholders at the end of 2016 were ¥1,986,702,872.11, a slight increase of 0.54% from ¥1,975,935,976.16 at the end of 2015[15] - The company's total assets increased by CNY 52,292.61 million, up 19.11% from the beginning of the period, while total liabilities rose by 81.08% to CNY 114,611.05 million[41] Cash Flow - The company reported a net cash flow from operating activities of CNY 2,985.79 million, a decrease of CNY 36,323.58 million year-on-year[41] - The net cash flow from operating activities was 29,857,873.80 CNY, representing a significant decline of 92.40% year-on-year[59] - The company experienced a net cash outflow from investment activities of 360,950,825.66 CNY, despite a 189.13% increase in cash inflow from investment activities[60] - The net cash flow from financing activities increased by CNY 30,802.60 million, primarily due to increased bank borrowings[42] Research and Development - The company has a strong R&D capability with 140 dedicated R&D personnel, including 32 with senior titles or master's degrees, and has invested over 33 million yuan in research equipment[28] - During the reporting period, the company authorized 14 patents, including 6 invention patents, and drafted or revised 11 national or industry standards[29] - Research and development expenses amounted to 78,557,903.55 CNY, accounting for 2.98% of the audited operating income, down from 3.74% in 2015[58] Market Position and Strategy - The company is recognized as a leading supplier in the welded steel pipe industry, with a strong brand presence and participation in major domestic and international pipeline projects[27] - The company plans to continue expanding its market presence and product offerings, focusing on technological innovation and quality improvement[24] - The company aims to leverage its 30 years of experience in pipeline R&D and manufacturing to transform into a comprehensive oil and gas energy equipment service provider[37] - The company is strategically positioned in the economically developed Yangtze River Delta region, benefiting from convenient transportation and proximity to major raw material suppliers[34] Production and Sales - The total sales volume of various pipes reached 756,300 tons, an increase of 1.38% compared to the previous year[39] - The sales volume of galvanized steel pipes was 449,100 tons, down 2.47% year-on-year, while the sales volume of straight seam submerged arc welded pipes (SAWL) increased by 62.61% to 56,700 tons[39] - The company reported a significant increase in production volume, reaching 300,000 tons in 2016, up from 250,000 tons in 2015[190] Dividend and Shareholder Information - The company plans to distribute a cash dividend of ¥0.40 per 10 shares to all shareholders, based on a total of 520,535,520 shares[4] - The cash dividend for 2016 was set at CNY 0.40 per 10 shares, totaling CNY 20,821,420.80, which represents 100% of the profit distribution[118] - The total number of shares for the dividend distribution is 520,535,520[118] Risks and Challenges - The company recognizes risks from macroeconomic changes, which could impact the demand for welded steel pipe products, given their correlation with the energy and construction sectors[109] - The company faces industry competition risks due to low concentration and overcapacity in the domestic pipeline industry, necessitating timely adjustments in product structure[109] - The cost of raw materials, particularly hot-rolled steel strips and zinc ingots, constitutes approximately 90% of the production costs, making the company vulnerable to price fluctuations[109] Employee and Management - The total number of employees in the company is 1,958, with 1,229 in the parent company and 729 in major subsidiaries[194] - The company has established a performance evaluation system linking employee income to work performance[200] - The total remuneration for directors and senior management during the reporting period amounts to 3.09 million yuan[193] Environmental and Social Responsibility - The company is committed to green development and environmental protection, implementing clean production and resource-saving measures[104] - The company actively engages in environmental protection and sustainable development, adhering to ISO14001 environmental management standards[150] - The company has not initiated any poverty alleviation programs but remains committed to social responsibility through various charitable activities[146][151]

浙江金洲管道科技股份有限公司 2017 年第一季度报告正文 证券代码：002443 证券简称：金洲管道 公告编号：2017-033 浙江金洲管道科技股份有限公司 2017 年第一季度报告正文 1 浙江金洲管道科技股份有限公司 2017 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人沈淦荣、主管会计工作负责人鲁冬琴及会计机构负责人(会计主 管人员)鲁冬琴声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江金洲管道科技股份有限公司 2017 年第一季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 647,067,973.54 | 447,395,921.15 | 44.63 ...

Financial Performance - Operating revenue decreased by 3.54% to CNY 624,849,118.75 year-on-year, and decreased by 11.12% to CNY 1,773,779,518.29 for the year-to-date[8] - Net profit attributable to shareholders was a loss of CNY 10,013,533.59, a decline of 142.00% year-on-year, and a decrease of 45.69% to CNY 42,530,943.93 for the year-to-date[8] - Basic earnings per share were CNY -0.02, down 140.00% year-on-year, and diluted earnings per share were also CNY -0.02[8] - The net profit attributable to the parent company was 42.53 million CNY, a decrease of 35.78 million CNY, down 45.69% year-on-year, mainly due to significant losses from the investment in a joint venture.[21] - The net profit attributable to shareholders for 2016 is expected to range from 6,675.50 to 11,443.70 million yuan, reflecting a change of -30.00% to 20.00% compared to 9,536.42 million yuan in 2015[27] - The performance fluctuation is attributed to the downturn in the oil and gas industry and losses from the joint venture, CNOOC Jinzhou Pipeline Co., Ltd.[27] Cash Flow - Cash flow from operating activities decreased by 91.70% to CNY 16,787,422.95 for the year-to-date[8] - Operating cash flow net amount was 16.79 million CNY, a decrease of 91.70% year-on-year, primarily due to reduced cash received from sales and increased cash payments related to operating activities.[22] - Investment cash flow net amount was -263.54 million CNY, a decrease of 122.42% year-on-year, due to increased cash payments for investments.[22] - The company received 256.60 million CNY from financing activities, an increase of 284.89% year-on-year, mainly due to increased cash received from borrowings.[23] Assets and Liabilities - Total assets increased by 12.52% to CNY 3,079,102,671.54 compared to the end of the previous year[8] - Accounts receivable decreased by 54.79% to CNY 33,291,100 due to a reduction in bank acceptance bills received[16] - Long-term equity investments at the end of the reporting period reached 194.18 million CNY, an increase of 55.41 million CNY, up 39.92% from the beginning of the period, primarily due to increased investment in Beijing Lingtou Software Technology Co., Ltd.[17] - Construction in progress decreased to 46.70 million CNY, down 67.63% from the beginning of the period, mainly due to the completion of the coating process for the new steel-plastic composite pipe project.[17] - Short-term borrowings increased to 706.50 million CNY, up 85.02% from the beginning of the period, primarily due to increased external investments.[17] Expenses - Management expenses for the period were 120.69 million CNY, an increase of 38.84% year-on-year, primarily due to increased R&D expenses and depreciation of the pre-welding project.[20] - Financial expenses for the period were 15.58 million CNY, an increase of 102.20% year-on-year, due to increased financial costs from short-term borrowings.[20] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 41,721[12] - The largest shareholder, Jinzhu Group Co., Ltd., held 9.03% of shares, totaling 47,015,739 shares[12] Investments - The company's financial assets measured at fair value increased to CNY 190,779,200, reflecting new stock investments[16] - The company reported a total investment in stocks of 184 million yuan, with a current fair value loss of 835,764.94 yuan and a total fair value gain of 1,555,644.07 yuan[29] - During the reporting period, the company purchased stocks worth 52,891,969.24 yuan and sold stocks worth 84,860,691.27 yuan, resulting in an accumulated investment income of 5,810,702.01 yuan[29] Compliance and Governance - There were no violations regarding external guarantees during the reporting period[30] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[31] - The company conducted an on-site investigation on August 11, 2016, with institutional investors[32] Other - Non-current asset disposal loss amounted to CNY -47,802.22, while government subsidies received totaled CNY 3,314,151.77[9] - Deferred income increased to 69.66 million CNY, up 57.13% from the beginning of the period, mainly due to pre-received relocation fees.[19]