Financial Performance - The company's operating revenue for Q3 2021 was ¥917,594,721.04, representing a 33.63% increase compared to the same period last year[3]. - The net profit attributable to shareholders for Q3 2021 was ¥122,258,921.33, up 50.32% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥118,739,550.58, an increase of 58.47% compared to the previous year[3]. - The basic earnings per share for Q3 2021 was ¥0.1482, a 49.09% increase year-on-year[3]. - The company reported a 47.59% increase in operating revenue for the first nine months of 2021, totaling ¥2,582,793,207.81[6]. - Total operating revenue reached ¥2,582,793,207.81, an increase from ¥1,749,932,152.77, representing a growth of approximately 47.7% year-over-year[27]. - Net profit for the period was ¥331,588,713.62, compared to ¥227,336,319.74 in the previous year, indicating a growth of approximately 46%[30]. - Basic earnings per share increased to ¥0.3964 from ¥0.2699, marking a rise of about 47%[40]. - Total comprehensive income for the period was ¥338,569,210.06, up from ¥226,653,654.26, reflecting a growth of about 49.3%[33]. Assets and Liabilities - The total assets at the end of Q3 2021 reached ¥5,503,153,674.46, reflecting a 6.56% increase from the end of the previous year[3]. - As of September 30, 2021, the total current assets amounted to CNY 3,300,316,051.96, an increase from CNY 3,096,817,472.24 as of December 31, 2020, representing a growth of approximately 6.5%[19]. - The total assets reached CNY 5,503,153,674.46, up from CNY 5,164,324,387.22, indicating an increase of about 6.6% year-over-year[21]. - Total liabilities amounted to CNY 1,315,776,100.32, compared to CNY 1,219,034,546.18, reflecting an increase of about 7.9%[25]. - The company's equity attributable to shareholders reached CNY 4,153,186,646.44, up from CNY 3,899,345,496.69, indicating a growth of approximately 6.5%[25]. - The non-current assets totaled CNY 2,202,837,622.50, an increase from CNY 2,067,506,914.98, representing a growth of about 6.5%[21]. - Short-term borrowings increased to CNY 223,607,836.72 from CNY 189,479,441.86, reflecting a rise of approximately 18%[21]. - The company reported a total of 1,173,444,179.19 in current liabilities, compared to 1,083,397,370.01, indicating an increase of about 8.3%[21]. Cash Flow - The cash flow from operating activities for the first nine months of 2021 was ¥216,505,440.05, showing a decrease of 5.43% compared to the previous year[3]. - The company achieved cash inflow from operating activities totaling ¥1,671,898,913.93, compared to ¥1,033,912,463.05 in the previous year, representing an increase of approximately 61.7%[42]. - Cash flow from operating activities generated ¥216,505,440.05, slightly down from ¥228,939,342.38 in the same period last year[42]. - Net cash flow from financing activities increased by 74% compared to the previous year, primarily due to reduced debt repayments[10]. - Net cash flow from investing activities was -$144.22 million, compared to -$90.89 million in the previous period[48]. - Net cash flow from financing activities was -$15.37 million, an improvement from -$59.10 million year-over-year[48]. - Cash and cash equivalents increased by $44.91 million, compared to an increase of $65.22 million in the previous period[48]. - The ending balance of cash and cash equivalents was $734.12 million, up from $543.54 million year-over-year[48]. - The company received $30.52 million from investment cash inflows, compared to $22.60 million previously[48]. - Total cash inflows from financing activities amounted to $198.08 million, compared to $187.48 million in the previous period[48]. - Cash outflows for debt repayment were $105.00 million, down from $160.00 million year-over-year[48]. Expenses - Total operating costs amounted to ¥2,203,587,051.91, up from ¥1,514,074,952.95, reflecting a year-over-year increase of about 45.5%[27]. - Research and development expenses rose to ¥141,029,008.58, compared to ¥111,219,496.31, an increase of approximately 26.8%[30]. - Sales expenses decreased to ¥52,900,962.68 from ¥70,236,639.83, a reduction of about 24.7%[30]. Other Information - The company experienced a 92.09% increase in prepayments compared to the beginning of the year, primarily due to expansion and production needs[6]. - The company's investment income for the first nine months of 2021 increased by 274.87%, amounting to ¥9,368,433.90[9]. - The company reported investment income of ¥9,334,539.27, significantly higher than ¥2,490,105.37 from the previous year, indicating a growth of approximately 274%[30]. - The company did not apply the new leasing standards for the financial statements starting from 2021[49]. - The third quarter report was not audited[49].

南通江海电容器股份有限公司 2021 年半年度报告全文 南通江海电容器股份有限公司 2021 年半年度报告 2021 年 08 月 1 南通江海电容器股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人陈卫东、主管会计工作负责人王军及会计机构负责人(会计主管 人员)朱烨梅声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告中涉及未来发展规划等事项的前瞻性陈述，不构成公司对投资者的 实质承诺，投资者及相关人士均应对此保持足够的风险认识，并且应当理解计 划、预测与承诺之间的差异。请投资者注意投资风险。 1、全球基础原材料、运费大幅上升，对公司运营成本带来很大压力。公司 将加大自主核心材料研发和生产力度，合理调整产品销售价格和运费分担，减 少对经营收益的不利影响。2、新冠疫情造成长时间全球人员流动障碍，使得很 多技术、商务交流受阻，影响新市场、新项目推进，公司将充分利用互联网平 台， ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥748,067,102.40, representing a 65.89% increase compared to ¥450,954,756.45 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 reached ¥82,639,454.12, a 100.71% increase from ¥41,172,701.77 in the previous year[8] - The net profit after deducting non-recurring gains and losses was ¥76,557,772.03, marking a 120.62% increase from ¥34,701,514.69 year-on-year[8] - Basic earnings per share for Q1 2021 were ¥0.1005, a 99.40% increase compared to ¥0.0504 in the previous year[8] - Net profit for the current period was ¥84,389,471.71, representing a 77.5% increase from ¥47,523,880.54 in the previous period[61] Cash Flow - The net cash flow from operating activities was ¥97,164,612.22, up 19.84% from ¥81,081,424.51 in the same quarter last year[8] - Net cash flow from operating activities increased to ¥69,867,795.36, up from ¥37,953,953.26, representing an increase of approximately 84% year-over-year[80] - Cash inflow from operating activities totaled ¥333,700,560.12, compared to ¥296,177,832.14 in the previous period, marking an increase of about 12.7%[80] - The company’s cash flow from financing activities decreased by ¥21,039,477.63, a decline of 77.26% year-over-year, attributed to the unavailability of funds from warrant exercises[23] - The net cash flow from financing activities was ¥6,190,966.95, a decline from ¥27,230,444.58, representing a decrease of approximately 77%[79] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,305,884,513.12, reflecting a 2.74% increase from ¥5,164,324,387.22 at the end of the previous year[8] - Total current assets as of March 31, 2021, amounted to CNY 3,215,464,628.27, an increase from CNY 3,096,817,472.24 as of December 31, 2020, representing a growth of approximately 3.8%[38] - Total liabilities increased to CNY 1,267,066,743.55 from CNY 1,219,034,546.18, reflecting an increase of approximately 4.0%[44] - The total liabilities decreased to ¥548,926,552.44 from ¥565,495,702.25 in the previous period, reflecting improved financial stability[54] Research and Development - R&D expenses increased by ¥13,050,817.48, a growth of 40.97% year-over-year, reflecting the company's increased investment in research and development[19] - Research and development expenses increased to ¥44,907,822.75, up 40.9% from ¥31,857,005.27 in the previous period, indicating a focus on innovation[59] Market Strategy - The company reported a significant increase in user data, with a notable rise in customer engagement and product demand[8] - The company is focusing on market expansion and new product development strategies to sustain growth in the upcoming quarters[8] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[50] Investment Performance - The company reported a significant increase in investment income of ¥3,405,364.16, a growth of 254.34% year-over-year, due to higher returns from long-term equity investments accounted for using the equity method[19] - The company reported an investment income of ¥2,066,443.51, a recovery from a loss of ¥1,338,920.65 in the previous period, indicating improved investment performance[59]

Financial Performance - The company's operating revenue for 2020 was CNY 2,635,045,312.40, representing a 24.12% increase compared to CNY 2,123,032,689.24 in 2019[28]. - The net profit attributable to shareholders for 2020 was CNY 372,810,676.22, a 54.95% increase from CNY 240,595,241.74 in 2019[28]. - The net cash flow from operating activities reached CNY 286,134,268.62, marking a significant increase of 180.82% compared to CNY 101,892,750.54 in 2019[28]. - The basic earnings per share for 2020 was CNY 0.4556, up 54.34% from CNY 0.2952 in 2019[28]. - The weighted average return on net assets for 2020 was 10.19%, an increase from 7.23% in 2019[28]. - Total revenue for 2020 reached CNY 2,635.05 million, a year-on-year increase of 24.12%[62]. - Net profit attributable to shareholders was CNY 372.81 million, up 54.95% compared to 2019[62]. - The company's net profit margin for 2020 was approximately 26.44%, indicating strong profitability relative to its revenue[124]. Market and Sales Strategy - The company plans to expand its domestic market sales while increasing the export of high-tech new products to mitigate the negative impact of U.S. tariffs[5]. - The company is focusing on increasing the proportion of self-produced core materials, especially high-end materials, to counteract rising raw material costs and international shipping fees[5]. - The company aims to leverage internet platforms and video conferencing to minimize the adverse effects of the COVID-19 pandemic on technical and business communications[5]. - The electronic components segment accounted for 91.44% of total revenue, with a year-on-year growth of 28.45%[64]. - Domestic sales accounted for ¥1,807,055,792.07, representing a 20.30% increase year-on-year, while foreign sales were ¥804,790,703.71, up 33.86%[68]. Research and Development - The company is committed to enhancing its research and development capabilities for new products and technologies to drive future growth[5]. - A total of 71 patents were granted in 2020, including 2 invention patents, showcasing the company's commitment to innovation[52]. - Research and development expenses increased by 23.65% to ¥154,435,984.22, indicating a commitment to enhancing product technology and market competitiveness[79]. - The number of R&D personnel rose by 12.32% to 611 in 2020, compared to 544 in 2019[81]. Investments and Acquisitions - The acquisition of Hitachi Chemical's capacitor business was completed in June 2020, enhancing the company's R&D and manufacturing capabilities[43]. - The company acquired AIC Tech Inc. on May 31, 2020, for ¥29,604,619.10, gaining 100% ownership and contributing ¥236,508,506.36 to revenue[73]. - Investment in the Hubei Haicheng small capacitor project totaled ¥270 million, expected to generate output capacity of ¥450 million[44]. - The company has established strategic alliances with international partners to enhance technology and market reach[58]. Cash Flow and Assets - Cash and cash equivalents rose by CNY 203.15 million, up 36.59%, attributed to increased sales collection efforts[53]. - Inventory increased by CNY 216.80 million, a rise of 46.43%, reflecting the need to stock up due to business growth[53]. - The company reported a net increase in cash and cash equivalents of ¥210,897,175.48, a 571.62% increase from ¥31,401,370.91 in 2019[85]. - Total assets increased to ¥5,164,324,387.22, up 14.74% from ¥4,500,961,413.32[31]. Dividend Policy - A cash dividend of CNY 1.2 per 10 shares (including tax) is proposed, based on a total of 821,407,419 shares[6]. - The cash dividend for 2020 is set at RMB 1.2 per 10 shares, totaling RMB 98,568,890.28, which is 100% of the total profit distribution[125]. - The company has maintained a consistent cash dividend policy over the past three years, with dividends of RMB 0.8 per 10 shares in 2018 and 2019, and an increase to RMB 1.2 in 2020[120]. Corporate Governance and Compliance - The company has not faced any major litigation or arbitration matters during the reporting period[138]. - There were no penalties or rectification measures imposed on the company during the reporting period[139]. - The company has not experienced any significant accounting errors requiring retrospective restatement during the reporting period[132]. - There were no changes in the scope of consolidation compared to the previous year's financial report, except for the acquisition mentioned above[133]. Social Responsibility and Employee Welfare - The company aims to create value for stakeholders while actively fulfilling social responsibilities through green development and resource conservation[172]. - The company has established an employee incentive fund and conducts annual health check-ups for employees, demonstrating a commitment to employee well-being[172]. Shareholder Structure - The company has 25,731 shareholders, with the largest shareholder holding 31.60% of the shares[189]. - The controlling shareholder, Yiwei Investment Limited, is a foreign entity established on August 5, 2005, primarily engaged in investment activities[195]. - The actual controller of the company is also Yiwei Investment Limited, with no changes reported in the ownership structure[196].

Financial Performance - Operating revenue for the period reached ¥686,643,347.90, representing a year-on-year increase of 29.87%[8] - Net profit attributable to shareholders was ¥81,333,855.51, up 23.61% from the same period last year[8] - The company reported a basic earnings per share of ¥0.0994, an increase of 23.17% year-on-year[8] - The net profit attributable to shareholders increased by CNY 51,014,912.44, a rise of 30.07% year-on-year, driven by performance growth and changes in equity of a joint venture[22] - The net profit for the current period was ¥83,747,135.05, compared to ¥76,450,222.28 in the previous period, reflecting an increase of approximately 9.9%[66] - The total profit for the current period was ¥262,233,858.05, an increase of 12.7% from ¥232,604,279.68 in the previous period[85] Assets and Liabilities - Total assets increased to ¥4,788,003,874.22, a growth of 6.38% compared to the end of the previous year[8] - The company's net assets attributable to shareholders rose to ¥3,595,640,542.22, reflecting a 4.87% increase from the previous year[8] - Total current liabilities amounted to CNY 966,261,225.70, an increase of 14.87% from CNY 841,349,115.62[49] - The company's total liabilities reached CNY 1,027,964,637.88, up from CNY 904,088,838.13, indicating a growth of 13.73%[49] - Total non-current assets reached CNY 1,984,158,438.35, up from CNY 1,855,420,202.61, marking a growth of 6.93%[46] Cash Flow - The net cash flow from operating activities was ¥65,803,908.40, showing a significant increase of 116.58%[8] - Net cash flow from operating activities increased by CNY 168,767,341.77, a growth of 280.47% year-on-year, attributed to improved credit management with customers and suppliers[22] - Cash inflow from sales of goods and services was ¥979,039,775.61, compared to ¥825,587,520.43 in the previous period, indicating a growth of approximately 18.6%[94] - Operating cash flow from operating activities increased to ¥228,939,342.38, compared to ¥60,172,000.61 in the previous period, representing a significant improvement[94] Inventory and Receivables - Inventory increased by ¥143,501,672.90, a growth of 30.73%, due to the need to maintain stock for business growth[18] - Other receivables rose by ¥38,684,776.56, a 253.20% increase, primarily due to loans to AIC tech[18] - Accounts receivable rose to CNY 827,834,241.97, up 8.08% from CNY 766,166,292.56[43] - The total inventory was valued at CNY 466,932,377.28, suggesting effective inventory management practices[108] Financial Expenses - Financial expenses increased by CNY 25,426,460.69, a rise of 249.49% year-on-year, mainly due to exchange rate fluctuations and increased interest expenses[22] - Interest expenses rose by CNY 2,230,555.66, an increase of 92.68% year-on-year, primarily due to a new CNY 100 million loan from the Export-Import Bank[22] - The company reported a financial expense of ¥14,162,719.08, compared to a financial income of -¥7,064,864.14 in the previous period[71] Research and Development - Research and development expenses for the current period were ¥41,833,866.57, compared to ¥32,080,735.41 in the previous period, showing an increase of approximately 30.5%[64] - The company’s R&D expenses for the year-to-date period were ¥111,219,496.31, up 22.2% from ¥90,970,352.91 in the previous year[78] - Research and development expenses rose to ¥24,682,783.97, up 24.3% from ¥19,846,271.40 in the previous period[71] Comprehensive Income - The company's total comprehensive income for the current period was ¥81,909,579.62, compared to ¥86,535,023.16 in the previous period, indicating a decline of 5.4%[70] - The total comprehensive income attributable to the parent company was ¥219,983,957.39, compared to ¥185,751,575.59 in the previous period, marking an increase of 18.4%[85] - Other comprehensive income after tax decreased by CNY 16,782,530.64, a decline of 104.24% year-on-year, mainly due to changes in the market value of investments in Japan[22] Investment Projects - The investment progress for the supercapacitor project reached 60%, with monthly revenue exceeding CNY 20 million for two consecutive months[29] - The investment progress for the film capacitor project is at 26%, with production capacity utilization exceeding 90%[28] Market Strategy - The company plans to continue expanding its market presence and investing in new technologies, although specific strategies were not detailed in the provided data[60]

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,063,288,804.87, representing an increase of 11.26% compared to CNY 955,710,516.15 in the same period last year[22]. - The net profit attributable to shareholders was CNY 139,332,767.36, a growth of 34.17% from CNY 103,850,287.49 year-on-year[22]. - The net profit after deducting non-recurring gains and losses reached CNY 124,695,703.86, up 47.48% from CNY 84,550,653.39 in the previous year[22]. - The net cash flow from operating activities was CNY 163,135,433.98, a significant increase of 447.65% compared to CNY 29,788,423.32 in the same period last year[22]. - Basic earnings per share rose to CNY 0.1705, reflecting a 33.83% increase from CNY 0.1274 in the previous year[22]. - The company's operating revenue reached ¥1,063,288,804.87, an increase of 11.26% compared to ¥955,710,516.15 in the previous year[45]. - Operating profit for the first half of 2020 was ¥166,818,523.46, up 17.7% from ¥141,771,512.18 in the same period last year[187]. - Net profit attributable to shareholders of the parent company was ¥139,332,767.36, representing a 34.2% increase from ¥103,850,287.49 in the first half of 2019[187]. - The total operating costs for the first half of 2020 were ¥913,380,026.79, an increase of 9.4% from ¥834,868,055.30 in the first half of 2019[184]. - The company reported a net profit margin of approximately 13.5% for the first half of 2020, compared to 12.3% in the same period of 2019, indicating improved profitability[187]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 4,626,997,888.52, an increase of 2.80% from CNY 4,500,961,413.32 at the end of the previous year[22]. - The net assets attributable to shareholders increased to CNY 3,514,239,134.21, up 2.49% from CNY 3,428,815,556.80 at the end of the previous year[22]. - The total assets increased by ¥13,847,854.75, representing a growth of 14.75%, primarily due to investments made by the wholly-owned subsidiary Nantong Xinhai Power Electronics Co., Ltd.[33]. - The total amount of raised funds was ¥118,076.04 million, with ¥16,715.31 million invested during the reporting period[67]. - Total liabilities stood at CNY 2,678,563,077.44, with short-term borrowings at CNY 159,747,527.01, slightly down from CNY 160,096,678.24[168]. - Total liabilities increased to ¥950,773,339.73, up from ¥904,088,838.13, representing a growth of approximately 5.5%[171]. - Current liabilities totaled ¥888,504,081.09, an increase from ¥841,349,115.62, reflecting a rise of about 5.6%[171]. Investments and Acquisitions - The acquisition of Hitachi AIC is expected to mitigate the negative impact of tariffs on exports to the U.S. by establishing a local production base in Japan[6]. - The company successfully completed the acquisition of Hitachi's capacitor business, marking the launch of its first overseas R&D and production base[42]. - The company made a significant equity investment of ¥13,877,800.00 in Nantong Haimei Electronics Co., Ltd., acquiring a 50% stake[61]. - The cumulative investment in the supercapacitor industrialization project reached ¥47,798.59 million, achieving 59.75% of the planned investment[71]. - The high-capacity film capacitor expansion project received cumulative investment of ¥10,181.45 million, achieving 25.45% of the planned investment[71]. Research and Development - Research and development expenses increased by 17.82% to ¥69,385,629.74, up from ¥58,889,617.50, indicating ongoing investment in new product development[49]. - The company has established a high-end capacitor technology center in collaboration with Xi'an Jiaotong University, enhancing its research capabilities[38]. - The integration of three major types of capacitors has progressed well, maintaining a high capacity utilization rate and achieving positive results in new applications and customer development[42]. Operational Efficiency - The company reported a decrease in sales expenses to ¥44,141,272.56 from ¥41,135,824.32, indicating a more efficient cost management strategy[184]. - The company's gross profit margin for electronic components improved to 32.01%, up from 30.03% in the previous year, while the margin for electronic materials decreased to 16.61%[53]. - The company achieved a historical high in shipments of aluminum electrolytic capacitors, with strong orders for its flagship products[42]. Strategic Focus and Challenges - The company aims to leverage opportunities in strategic emerging industries such as 5G, new energy, and data centers to enhance its core competitiveness and revenue growth[6]. - The company faces risks related to the thin film capacitor and supercapacitor technology upgrade and expansion projects, which may not meet expected goals due to various factors[81]. - The company is addressing the negative impact of trade protectionism on exports to the U.S. by acquiring Hitachi AIC, establishing a production base in Japan[81]. - The company is responding to the uncertainties caused by the COVID-19 pandemic by leveraging its diverse product range and broad user applications[81]. Shareholder Information - The company reported a total share count of 818,295,426, with 93.67% being unrestricted shares[132]. - The company has 34,231 shareholders holding more than 5% of ordinary shares at the end of the reporting period[132]. - The company has not engaged in any related party transactions during the reporting period[104]. Environmental and Social Responsibility - The company does not belong to the key pollutant discharge units as published by the environmental protection department[121]. - The company has no significant environmental protection issues reported during the period[121]. - The company has not reported any significant social responsibility initiatives related to poverty alleviation during the period[122].

南通江海电容器股份有限公司 2020 年第一季度报告全文 南通江海电容器股份有限公司 2020 年第一季度报告 2020 年 04 月 1 南通江海电容器股份有限公司 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。 公司负责人陈卫东、主管会计工作负责人王军及会计机构负责人(会计主管 人员)朱烨梅声明：保证季度报告中财务报表的真实、准确、完整。 2 南通江海电容器股份有限公司 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报 ...

Financial Performance - The company's operating revenue for 2019 was CNY 2,123,032,689.24, representing an increase of 8.28% compared to CNY 1,960,699,029.18 in 2018[27]. - The net profit attributable to shareholders for 2019 was CNY 240,595,241.74, a decrease of 1.20% from CNY 243,528,309.48 in 2018[27]. - The net cash flow from operating activities decreased by 47.36% to CNY 101,892,750.54 from CNY 193,577,417.51 in 2018[27]. - The total assets at the end of 2019 were CNY 4,500,961,413.32, an increase of 10.94% from CNY 4,056,943,699.00 at the end of 2018[30]. - The net assets attributable to shareholders increased by 5.54% to CNY 3,428,815,556.80 from CNY 3,248,959,271.19 in 2018[30]. - The basic earnings per share for 2019 was CNY 0.2952, a slight decrease of 1.20% from CNY 0.2988 in 2018[27]. - The weighted average return on net assets for 2019 was 7.23%, down from 7.67% in 2018[27]. - Total revenue for the year reached ¥2,224,032,688.44, with a year-on-year increase of 25.6%[33]. - Net profit attributable to shareholders was ¥240,595,241.74, representing a year-on-year growth of 36.5%[33]. - The company reported a net cash flow from operating activities of ¥102,512,750.54, up 29.8% compared to the previous year[33]. Investment and Expansion - The company plans to leverage opportunities from the new infrastructure initiatives introduced by the government to achieve its annual operational goals[6]. - The company is actively working on expanding its production capabilities in Japan through the acquisition of Hitachi AIC, which will help mitigate the impact of tariffs on exports to the U.S.[6]. - The company plans to expand its market presence and invest in new technologies to enhance product offerings and competitiveness[41]. - The company has permanently supplemented working capital with all remaining raised funds amounting to CNY 62.55 million as of December 31, 2015[92]. - The company raised CNY 1.2 billion through the issuance of 94,562,647 A shares at CNY 12.69 per share, with CNY 419.1 million and CNY 93.55 million allocated to the supercapacitor industrialization and high-capacity film capacitor expansion projects, respectively[92]. - The company has expanded its product range to include aluminum electrolytic capacitors, film capacitors, and supercapacitors, becoming one of the few companies globally with a complete product line and industrial chain[114]. - The company plans to maintain a faster growth rate over the next three to five years, aiming to become a significant player in the global industry[116]. Research and Development - The company filed 67 new patent applications and received 44 patent grants during the year, indicating strong R&D activity[52]. - The company is focusing on the development of supercapacitors, which are gaining traction in applications such as electric vehicles and renewable energy systems[41]. - The company's R&D expenditure reached ¥124,901,363.89, representing a 23.27% increase compared to the previous year, with R&D personnel increasing by 5.43% to 544[71]. - The company has reported a significant investment in new product development, with a focus on energy-saving technologies[173]. Cash Flow and Financial Management - The company's total cash and cash equivalents at year-end were 555,269,899.33 yuan, accounting for 12.34% of total assets, down from 13.68% at the beginning of the year[82]. - The net cash flow from investing activities decreased by 30.63% compared to the same period last year, primarily due to the recovery of idle funds and the expansion of production requiring fixed asset purchases[79]. - The net cash flow from financing activities increased by 185.41% year-on-year, mainly due to a loan of 100 million yuan from the Export-Import Bank and 50 million yuan in bank credit discounts from subsidiaries[79]. - The total cash inflow from investment activities increased by 65.76% to ¥1,876,432,342.68, while cash outflow rose by 50.31% to ¥2,026,365,446.00[78]. - The company has no overdue or unrecoverable amounts in its financial management or loan activities[162]. Shareholder Information - The total number of shares increased from 815,155,441 to 817,114,541, reflecting a change of 1,959,100 shares due to the exercise of stock options[184]. - The largest shareholder, Yiwai Investment Co., Ltd., holds 31.77% of the shares, totaling 259,584,000 shares[188]. - The second-largest shareholder, Zhu Xiang, holds 9.14% of the shares, totaling 74,673,746 shares, with a decrease of 100% in the reporting period[188]. - The company anticipates that the increase in shares due to stock option exercises will lead to a decrease in earnings per share and net assets per share[187]. - The total number of shareholders at the end of the reporting period was 26,667, with 40,604 ordinary shareholders reported previously[187]. Legal and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[128]. - There were no significant accounting errors that required restatement during the reporting period[130]. - The company has engaged Tianheng Accounting Firm for auditing services, with a fee of RMB 1,113,000, and has maintained this auditor for 12 consecutive years[132]. - The company has not faced any situations that could lead to suspension or termination of its listing status following the annual report disclosure[136]. - The company is currently involved in arbitration regarding a share transfer agreement valued at 180 million yuan, which is under review[178]. Social Responsibility - The company is committed to social responsibility, focusing on green development and resource conservation, with increased investment in environmental protection[174]. - The company has implemented a staff incentive fund and conducts annual health check-ups for employees, demonstrating its commitment to employee welfare[174]. - The company has engaged in community activities, including blood donation and charitable contributions, to foster social harmony[174].

南通江海电容器股份有限公司 2019 年第三季度报告全文 南通江海电容器股份有限公司 2019 年第三季度报告 2019 年 10 月 1 南通江海电容器股份有限公司 2019 年第三季度报告全文 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。 公司负责人陈卫东、主管会计工作负责人王军及会计机构负责人(会计主管 人员)朱烨梅声明：保证季度报告中财务报表的真实、准确、完整。 2 南通江海电容器股份有限公司 2019 年第三季度报告全文 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|------------------|----------- ...

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥955.71 million, representing a 5.78% increase compared to ¥903.47 million in the same period last year[22]. - The net profit attributable to shareholders for the first half of 2019 was approximately ¥103.85 million, a decrease of 5.10% from ¥109.44 million in the previous year[22]. - The company reported a basic earnings per share of ¥0.1274, down 5.14% from ¥0.1343 in the same period last year[22]. - Total revenue for the reporting period reached RMB 955,710,516.15, representing a year-on-year increase of 5.78% compared to RMB 903,469,299.51[47]. - Revenue from electronic components was RMB 842,834,947.79, accounting for 88.19% of total revenue, with a year-on-year growth of 10.75%[50]. - The company reported a net increase in cash and cash equivalents of RMB -83,127,307.19, reflecting a 207.30% decline from the previous year[47]. - The gross profit margin for electronic components improved to 31.39%, up 17.70% year-on-year, despite a 3.62% increase in operating costs[50]. - The company reported a decrease in other comprehensive income, with a net amount of CNY 6,015,064.28 for the first half of 2019, compared to a loss of CNY 9,970,837.53 in the same period of 2018[188]. Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 55.61%, amounting to approximately ¥29.79 million compared to ¥67.10 million in the same period last year[22]. - Operating cash flow net amount decreased by 55.61% to RMB 29,788,423.32, primarily due to increased cash outflows from new projects[47]. - Investment activities generated a cash outflow of RMB -93,840,949.65, a significant increase of 358.79% compared to the previous period[47]. - The company reported a decrease in other current assets to ¥220,427,736.72 from ¥421,583,128.87, a decline of approximately 47.8%[174]. - The company invested ¥34,780.17 million in the supercapacitor industrialization project and ¥8,196.13 million in the high-voltage large-capacity film capacitor expansion project during the reporting period[70]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥4.19 billion, reflecting a 3.17% increase from ¥4.06 billion at the end of the previous year[22]. - The total liabilities reached ¥692,167,571.65, up from ¥619,099,860.93, which is an increase of approximately 11.8%[170]. - The company's equity attributable to shareholders rose to ¥3,297,932,662.39 from ¥3,248,959,271.19, showing an increase of about 1.5%[170]. - Current liabilities rose to ¥650,959,503.75, compared to ¥577,391,676.07, indicating an increase of about 12.7%[167]. - Non-current assets totaled ¥1,758,257,445.81, an increase from ¥1,583,430,860.89, reflecting a growth of approximately 11.0%[170]. Strategic Developments - The company faces risks from trade protectionism, particularly with a direct export to the U.S. of over $8 million in capacitors and materials, which are subject to a 25% tariff[5]. - Strategic emerging industries such as 5G communications and new energy are expected to continue growing despite a general economic slowdown[5]. - The company is experiencing rapid development in supercapacitors, with a strong market demand and ongoing construction of new facilities[43]. - The integration of two major production bases for film capacitors is yielding positive effects, enhancing technical performance and customer development[43]. - The company has established strategic alliances with international partners to enhance technology and capture higher-end markets[40]. Research and Development - Research and development expenses increased by 21.26% to RMB 58,889,617.50, driven by ongoing new product development[47]. - The company’s research and development expenses for the first half of 2019 were approximately ¥39.89 million, indicating a focus on innovation[192]. Shareholder Information - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period[6]. - The company did not distribute cash dividends or issue new shares during the reporting period[89]. - The total number of shares is 815,155,441, with 93.68% being unrestricted shares[133]. - The largest shareholder, Yiwei Investment Co., holds 31.84% of shares, totaling 259,584,000 shares[137]. - The second-largest shareholder, Zhu Xiang, holds 9.16% of shares, totaling 74,673,746 shares, with 59,969,792 shares pledged[137]. Legal and Compliance Matters - The company has initiated arbitration against the original shareholders of Suzhou Youpu for failing to fulfill obligations in a share transfer agreement valued at 180 million yuan, with a claim amount of 90 million yuan currently under arbitration[95]. - The company is actively coordinating legal measures to protect its rights in a separate lawsuit involving a claim of 744.81 thousand yuan against Suzhou Youpu[99]. - The semi-annual financial report was not audited[91]. - The financial report for the first half of 2019 was not audited[160].