Financial Performance - The company's operating revenue for 2021 was CNY 2,728,026,797.62, representing a 4.12% increase compared to CNY 2,620,073,619.50 in 2020[26]. - The net profit attributable to shareholders for 2021 was CNY 67,551,727.64, a significant recovery from a loss of CNY 163,170,926.52 in 2020, marking a 4.12% increase year-over-year[26]. - The basic earnings per share for 2021 was CNY 0.09, a 156.25% improvement from negative CNY 0.16 in 2020[26]. - The total assets at the end of 2021 were CNY 6,611,574,802.02, reflecting a 4.05% increase from CNY 6,354,117,748.53 at the end of 2020[26]. - The total revenue for 2021 was approximately $2.73 billion, representing a 4.12% increase from $2.62 billion in 2020[72]. - Revenue from automotive parts manufacturing was approximately $1.75 billion, accounting for 64.25% of total revenue, with a year-over-year growth of 5.39%[72]. - The automotive aftermarket business saw revenue of approximately $79.49 million, a significant increase of 20.23% compared to the previous year[72]. - The gross profit margin for automotive parts manufacturing decreased to 14.06%, down 2.62% from the previous year[74]. - The company reported a gross profit margin of 20.12% for the automotive aftermarket business, an increase of 1.26% year-over-year[74]. - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15%[189]. Cash Flow and Investments - The net cash flow from operating activities for 2021 was negative CNY 260,747,851.72, a decline of 253.61% compared to negative CNY 73,739,054.57 in 2020[26]. - The net cash flow from investment activities increased by 374.48%, reaching ¥220,669,663.35 in 2021, compared to a net outflow of ¥80,394,574.49 in 2020[95]. - The net cash flow from financing activities improved by 207.87%, resulting in a net inflow of ¥115,990,855.01 in 2021, compared to a net outflow of ¥107,523,713.30 in 2020[95]. - The total cash and cash equivalents increased by 122.38%, amounting to ¥59,764,790.13 in 2021, compared to a decrease of ¥267,003,464.29 in 2020[95]. - The total investment amount for the reporting period reached ¥2,255,000,000, a significant increase of 20,215% compared to ¥11,100,000 in the same period last year[104]. Market and Production - The company operates in the automotive manufacturing sector, specifically in the automotive parts manufacturing industry[4]. - The company plans to expand its market presence in automotive parts and distributed photovoltaic power generation sectors[28]. - The company has established a strong market presence in the automotive aftermarket through its subsidiary "Auto Superman," leveraging online and offline integration[43]. - The company has become a key supplier for major domestic and international automotive manufacturers, including SAIC Volkswagen and Ford, and has entered the global supply chain for high-end automotive parts[44]. - The company’s production capacity is approximately 12 million units, with a current production line for Avatar low-carbon wheels capable of producing 1 million units[49]. - In 2021, the company produced 10,012,098 automotive parts, representing a year-on-year increase of 0.79%[50]. - The company plans to expand its Avatar low-carbon wheel production capacity by adding 1 million units in 2022 and an additional 3 million units in 2023 across various locations[49]. - The company plans to achieve an annual production capacity of approximately 2 million Avatar low-carbon wheels by the end of 2022, with targets of 5 million in 2023 and 10 million in 2024[133]. Research and Development - The company has established a provincial-level high-tech R&D center and employs a team of 261 engineers to enhance its product development capabilities[68]. - Research and development expenses increased by 28.87% to ¥55,048,705.32 from ¥42,716,717.13 in the previous year[91]. - The total R&D investment for 2021 was ¥60,605,078.20, an increase of 9.18% compared to ¥55,509,785.48 in 2020[93]. - The proportion of R&D investment to operating revenue rose to 2.22% in 2021 from 2.12% in 2020, reflecting a 0.10% increase[93]. - The company is advancing the research and development of the Avatar low carbon wheel, aiming to enhance its position in the automotive wheel market[92]. Sustainability and Environmental Impact - The company's "Avatar" low-carbon wheels have been recognized for their lightweight, high strength, and precision, with production costs significantly lower than aluminum wheels[42]. - The "Avatar" low-carbon wheel technology is expected to significantly reduce carbon emissions, aligning with national goals for carbon peak and carbon neutrality[46]. - The company was recognized as a "green factory" by the Ministry of Industry and Information Technology in 2021, highlighting its commitment to sustainable practices[44]. - The reduction in vehicle weight from using Avatar commercial vehicle wheels is 288 kg, leading to a significant decrease in fuel consumption[59]. - The carbon emissions reduction from the use of Avatar wheels is approximately 14 tons annually, calculated using the BP China carbon emission calculator[61]. - The company emphasizes the importance of technological innovation to maintain competitiveness and adapt to market changes[134]. - The management team emphasized a commitment to sustainability, aiming for a 20% reduction in carbon emissions by 2025[189]. Corporate Governance and Investor Relations - The company emphasizes its commitment to corporate governance, ensuring compliance with all relevant regulations and maintaining transparency in operations[151]. - The company has established a robust internal audit system to monitor financial performance and compliance, enhancing operational efficiency[153]. - The company maintains independence from its controlling shareholders in terms of business, personnel, assets, organization, and finance[154]. - The company has a complete and independent asset structure, with all operational assets clearly owned by the company[155]. - The company appears to be maintaining a consistent dialogue with investors, which is crucial for transparency and trust-building[136][138][142][144]. - The company conducted multiple investor communications, including phone calls and on-site visits, throughout October to December 2021, engaging with various institutional investors[136][138][142][144]. Challenges and Risks - The company expects to face risks related to raw material price volatility, exchange rate fluctuations, and potential impacts from the COVID-19 pandemic on production[134]. - The automotive industry is experiencing a trend of consumption downgrade, with increasing demand for cost-effective and reliable vehicles among mid-to-low-end consumers[127].

浙江金固股份有限公司 2022 年第一季度报告全文 1 证券代码：002488 证券简称：金固股份 公告编号：2022-020 浙江金固股份有限公司 2022 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报告期 | ...

证券代码：002488 证券简称：金固股份 编号：2022—026 浙江金固股份有限公司 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公告内容真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 浙江金固股份有限公司（以下简称"公司"）已于2022年4月29日披露了公 司《2021年度报告及摘要》，为便于广大投资者深入全面地了解公司情况，公司 将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 2022年5月31日（星期二，公司2021年度股东大会召开期间） 上午09:30-11:30。 二、接待地点 浙江金固股份有限公司三楼会议室（浙江省杭州市富阳区公 园西路1181号）。 三、预约方式 参与投资者请于2022年5月27日-30日，8：00—16：00，与公 司董事会办公室联系，以便接待登记和安排。 联系人：骆向峰 电话：0571-63133920，传真：0571-63102488。 四、公司参与人员 董事长、总经理孙锋峰先生、董事会秘书倪永华先生、证券事务代表骆向峰 先生（如有特殊情况，参与人员会有调整）。 五、注意事项 1、来访个人投资者请携带个人身份证原件及复印件、股东 ...

浙江金固股份有限公司 2021 年第三季度报告 证券代码：002488 证券简称：金固股份 公告编号：2021-043 浙江金固股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声 明：保证季度报告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|-------------------------|--------------------------|---------- ...

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the first half of 2021, representing a year-on-year increase of 15%[26]. - Net profit attributable to shareholders reached RMB 150 million, up 20% compared to the same period last year[26]. - The company's operating revenue for the reporting period was ¥1,218,933,046.03, a decrease of 11.28% compared to the same period last year[33]. - The net profit attributable to shareholders was ¥71,184,919.68, representing a significant increase of 279.16% year-on-year[33]. - The basic earnings per share increased to ¥0.07, a rise of 275.00% compared to the same period last year[33]. - Total revenue for the period was approximately ¥1.22 billion, a decrease of 11.3% compared to ¥1.37 billion in the previous period[75]. - Revenue from automotive parts manufacturing was ¥670.47 million, accounting for 55.00% of total revenue, with a year-on-year increase of 9.93%[75]. - The automotive aftermarket business generated ¥38.23 million, representing 3.14% of total revenue, with a significant year-on-year increase of 40.35%[78]. - The company's operating costs decreased by 13.49% to ¥1,057,789,684.75 from ¥1,222,730,995.89 year-on-year[72]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2022[26]. - A strategic partnership with a leading technology firm is expected to enhance the company's product offerings and market competitiveness[26]. - The company is exploring potential acquisitions to strengthen its supply chain and expand its product portfolio[26]. - The company aims to continue expanding its lightweight product research based on Avatar technology to capture more market share from aluminum wheels[43]. - The company plans to promote AVATAR passenger car wheels to new energy vehicle manufacturers, highlighting their competitive pricing at about half the cost of aluminum wheels while maintaining similar weight and aesthetics[60]. Research and Development - The company has invested RMB 200 million in R&D for new product development, focusing on electric vehicle components[26]. - Research and development investment increased by 36.68% to ¥19,319,100.55, up from ¥14,134,797.78 in the previous year[72]. - The company has established a strong technical foundation by expanding its R&D team and continuously updating its technology reserves[68]. - The company has received the "High-tech Enterprise Certificate" and has a provincial-level R&D center, emphasizing its commitment to technological innovation and high-quality product development[65]. Product Development and Innovation - The company successfully entered the new energy electric vehicle market, becoming the standard wheel supplier for Wuling Hongguang MINI EV[43]. - The company launched the Avatar wheel production line, a revolutionary lightweight product that competes with aluminum wheels, enhancing market share[43]. - The company has developed the "AVATAR" steel wheel product, which is lighter than aluminum wheels and has a cost approximately 50% lower than aluminum wheels[50]. - The strength of the AVATAR wheels is three times that of ordinary steel wheels and six times that of aluminum wheels, with a weight of 28kg compared to the market average of 40kg for similar products[50]. - The company expects a significant positive impact on its performance as the sales of AVATAR products increase, with a noticeable improvement in gross margin compared to traditional products[50]. Environmental and Social Responsibility - The company has invested in environmental protection facilities and has effectively managed wastewater and waste gas treatment during the reporting period[140]. - The company employs advanced pollution control technologies, achieving compliance with wastewater discharge standards, including chemical oxygen demand (COD) of ≤15 tons/year and ammonia nitrogen of ≤1.7 tons/year[128]. - Environmental impact assessments for new projects have been conducted with a 100% compliance rate, ensuring that environmental protection measures are integrated into project designs and operations[129]. - The company has launched a photovoltaic power generation project through its subsidiary, which is expected to bring significant environmental benefits[140]. - The company has actively participated in social welfare initiatives, supporting local education, culture, and poverty alleviation efforts[137]. Financial Management and Risks - The company is facing risks related to industrial policies and raw material price fluctuations, which may impact its operations[101]. - The company maintains long-term partnerships with major steel mills, including a joint venture with Ansteel, which helps control raw material costs, but sustained price increases could adversely affect operations[103]. - The company faces exchange rate risks as part of its steel wheel products are exported and settled in USD, with fluctuations expected to impact profitability[103]. - The company has a financing leasing subsidiary with a registered capital of 400,000,000 yuan, reporting a net loss of 8,311,517.61 yuan[100]. Shareholder Information - The total number of shares before the change was 1,001,914,821, with 21.93% being restricted shares and 78.07% being unrestricted shares[180]. - The company repurchased 4,237,500 shares, accounting for approximately 0.42% of the total share capital, with a total expenditure of 30,637,414.24 RMB[183]. - The largest shareholder, Sun Jinguo, holds 12.63% of the shares, totaling 126,562,500 shares, which are pledged[188]. - The company has a total of 48,663 common shareholders at the end of the reporting period[188]. - The company has implemented a strategy to manage shareholding changes in compliance with regulatory requirements[184].

证券代码：002488 证券简称：金固股份 编号：2021—026 浙江金固股份有限公司 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公告内容真实、准确和完整，不存在虚假记 载、误导性陈述或者重大遗漏。 浙江金固股份有限公司（以下简称"公司"）已于2021年4月29日披露了公 司《2020年度报告》，为便于广大投资者深入全面地了解公司情况，公司将举办 投资者接待日活动，现将有关事项公告如下： 一、接待时间 2021年5月31日（星期一，公司2020年度股东大会召开期间） 上午08:30-11:30。 二、接待地点 浙江金固股份有限公司三楼会议室（浙江省杭州市富阳区公 园西路1181号）。 三、预约方式 参与投资者请于2021年5月27日-28日，8：00—16：00，与公 司董事会办公室联系，以便接待登记和安排。 联系人：骆向峰 电话：0571-63133920，传真：0571-63102488。 四、公司参与人员 董事长、总经理孙锋峰先生、董事会秘书倪永华先生、证券事务代表骆向峰 先生（如有特殊情况，参与人员会有调整）。 五、注意事项 1、来访个人投资者请携带个人身份证原件及复印件、股东卡原件 ...

Financial Performance - The company's operating revenue for Q1 2021 was ¥460,678,351.80, a decrease of 8.03% compared to ¥500,883,991.53 in the same period last year[10] - Net profit attributable to shareholders was ¥62,219,707.30, a significant increase of 250.49% from a loss of ¥41,343,750.78 in the previous year[10] - The basic earnings per share for the quarter was ¥0.06, compared to a loss of ¥0.04 per share in the same period last year, marking a 250.00% increase[10] - The total profit for the current period was ¥88,968,656.57, compared to a total loss of ¥41,861,789.07 in the previous period[61] - The total comprehensive income attributable to the parent company's owners was ¥59,980,455.42, compared to a loss of ¥40,829,699.23 in the previous period[64] Cash Flow - The net cash flow from operating activities was -¥108,198,606.51, a drastic decline of 17,374.07% compared to -¥619,195.18 in the previous year[10] - The company reported a cash inflow from operating activities of ¥732,373,264.45, down from ¥804,501,578.41 in the previous period[72] - The cash flow from operating activities inflow totaled 323,359,681.15 CNY, down from 389,676,344.06 CNY in the previous period, indicating a decline in operational cash generation[79] - The net cash flow from financing activities was -56,971,956.32 CNY, compared to -17,587,720.83 CNY in the previous period, showing increased cash outflow for financing[78] - The net increase in cash and cash equivalents was -85,143,753.67 CNY, compared to -63,404,049.66 CNY in the previous period, indicating a worsening cash position[78] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,397,055,445.90, reflecting a 0.68% increase from ¥6,354,117,748.53 at the end of the previous year[10] - The total liabilities as of March 31, 2021, were approximately 2.58 billion yuan, slightly up from 2.57 billion yuan in the previous period[45] - Total liabilities increased to CNY 2,380,695,421.47 from CNY 2,213,127,572.92, an increase of approximately 7.57%[55] - Owner's equity totaled CNY 4,334,594,696.19, slightly down from CNY 4,346,924,834.92, a decrease of about 0.28%[55] Shareholder Information - The company reported a total of 43,755 common shareholders at the end of the reporting period[13] - Major shareholders include Sun Jinguo with 12.63% and Sun Fengfeng with 11.36% of shares, both of whom have pledged their shares[13] Business Development - The company's steel wheel business has shown continuous growth, with the Avatar commercial vehicle wheels starting to supply multiple domestic commercial vehicle manufacturers and undergoing road tests with international manufacturers like Daimler in the U.S.[25] - The company has successfully entered the new energy electric vehicle sector, becoming the standard wheel supplier for Wuling Hongguang MINI EV and securing a project with GAC Toyota for the new energy vehicle Levin[26] - The company plans to continue leveraging Avatar technology to expand into the passenger car market for new energy vehicles and capture market share from traditional aluminum wheels[26] Forecast and Projections - The forecast for net profit attributable to shareholders for the first half of 2021 is expected to be 80 million yuan, representing a significant increase of 301.35% compared to the previous year's loss of approximately 39.73 million yuan[28] - Basic earnings per share are projected to be 0.08 yuan, reflecting a growth of 300.00% compared to the previous year's loss of 0.04 yuan per share[28] Research and Development - Research and development expenses increased to CNY 8,552,671.70, compared to CNY 5,276,720.93, reflecting a growth of approximately 62.80%[58] - Research and development expenses increased to ¥7,711,045.34 from ¥5,276,720.93, reflecting a focus on innovation[65]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2020, representing a year-on-year increase of 15%[22]. - The net profit attributable to shareholders was RMB 150 million, which is a 10% increase compared to the previous year[22]. - The company's operating revenue for 2020 was CNY 2,620,073,619.50, representing a 23.96% increase compared to CNY 2,113,712,552.15 in 2019[30]. - The net profit attributable to shareholders for 2020 was a loss of CNY 163,170,926.52, a decrease of 806.46% from a profit of CNY 23,097,059.92 in 2019[30]. - The net cash flow from operating activities improved by 70.97%, reaching a negative CNY 73,739,054.57 in 2020 compared to negative CNY 253,976,261.76 in 2019[30]. - The total assets at the end of 2020 were CNY 6,354,117,748.53, down 5.26% from CNY 6,706,828,647.36 at the end of 2019[30]. - The net assets attributable to shareholders decreased by 5.38% to CNY 3,782,046,214.17 at the end of 2020 from CNY 3,997,114,993.14 at the end of 2019[30]. - The company reported a basic earnings per share of -CNY 0.16 for 2020, a decline of 900.00% from CNY 0.02 in 2019[30]. - The company experienced a significant loss in net profit due to non-recurring losses, with a net profit of -CNY 169,007,337.45 after deducting non-recurring gains and losses[30]. - The quarterly operating revenue for Q4 2020 was CNY 670,946,893.72, with a net profit loss of -CNY 168,301,671.86[36]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[22]. - The company is exploring potential mergers and acquisitions to enhance its supply chain efficiency and expand its product offerings[22]. - The future outlook remains positive, with a projected revenue growth of 20% for 2021, driven by increased demand in the automotive parts sector[22]. - The company has established strategic partnerships with three major automotive manufacturers to enhance its market competitiveness[22]. - The company aims to leverage Avatar technology to expand into the lightweight product market, focusing on reducing vehicle weight to improve fuel efficiency and reduce emissions[50]. - The company plans to promote AVATAR passenger car wheels to new energy vehicle manufacturers, targeting a market that is increasingly shifting towards electric and lightweight vehicles[66]. - The company aims to penetrate the new energy vehicle market, having already secured contracts with Wuling Hongguang MINI EV and GAC Toyota for wheel supply[147]. - The company projects that by 2025, new energy vehicles will account for about 20% of total new car sales in China, aligning with national policies promoting electric vehicles[141]. Product Development and Innovation - New product development includes the launch of a smart tire monitoring system, expected to generate an additional RMB 100 million in revenue in 2021[22]. - The company launched the Avatar wheel production line at the end of 2020, introducing a revolutionary lightweight product that competes with aluminum wheels, aiming to capture market share previously held by aluminum wheels[45]. - The company has developed the "AVATAR" steel wheel product, which is lighter than aluminum wheels and costs about half as much, with a strength three times that of ordinary steel wheels and six times that of aluminum wheels[53]. - The average weight of the AVATAR commercial vehicle wheel is 28kg, compared to 40kg for similar products in the market, providing significant weight reduction and fuel efficiency benefits[63]. - The company expects a substantial increase in gross margin for the AVATAR product line, positively impacting overall performance as sales increase[53]. - The company's EPS technology for metal surface treatment, developed by the company, is recognized as a key environmental protection technology and has been affected by the pandemic, impacting sales[46]. - The company’s EPS technology is environmentally friendly and aligns with national industrial policies, replacing traditional processes with a method that uses only water and refined steel sand[54]. Automotive Aftermarket and Services - The automotive aftermarket business experienced a slight impact on overall revenue in 2020 due to delayed operations caused by the pandemic, but normalized in the second quarter[49]. - The company’s subsidiary "Automobile Superman" has established a strong market presence in the automotive aftermarket, with over 1,000 front warehouses and more than 300 new repair franchise stores opened in 2020[55]. - The company has a competitive edge in the automotive aftermarket with its subsidiary "Auto Superman," leveraging supply chain resources and IT systems for a new retail model[76]. - The automotive aftermarket in China is expanding, with approximately 281 million vehicles in 2020, creating a large potential market for automotive services[55]. Financial Management and Investments - No cash dividends will be distributed to shareholders for the fiscal year 2020, as the company aims to reinvest profits into growth initiatives[22]. - The company has committed to avoiding any competition with its own subsidiaries and ensuring normal operations, as stated in commitments made by major shareholders[169]. - The company has established multiple subsidiaries in the automotive service sector, with 100% ownership in all newly established companies since 2020[184]. - The company reported a significant decrease in investment amounting to ¥11,100,000.00, a 97.62% drop from ¥465,998,449.44 in the previous year[126]. - The company did not propose a cash dividend distribution plan despite reporting profits for the reporting period[162]. - The company did not distribute cash dividends or issue bonus shares for the fiscal years 2019 and 2020, and no capital reserve conversion to share capital was planned for these years[164]. Challenges and Risks - The ongoing COVID-19 pandemic presents uncertainties that could impact the company's overall performance in 2021[153]. - The company faces risks from raw material price fluctuations, particularly steel, which significantly affects production costs and overall performance[153]. - The company has established long-term partnerships with major steel manufacturers to mitigate raw material cost risks, but significant price increases could still adversely affect operations[155]. - The company has seen a 44.21% increase in construction projects and a 47.08% decrease in cash funds due to repayments of long-term loans[56]. - Accounts receivable increased by 63.86% and accounts receivable financing rose by 43.16%, indicating a growing business volume[59]. Research and Development - The company has allocated RMB 200 million for research and development in new technologies for the automotive sector in 2021[22]. - Research and development expenses decreased by 8.65% to 42,716,717.13 CNY in 2020 compared to 2019[113]. - R&D investment decreased by 12.34% to ¥55,509,785.48 in 2020 from ¥63,325,434.00 in 2019, with R&D personnel down by 12%[114]. - The company has established a provincial-level high-tech enterprise R&D center and continuously recruits engineers to strengthen its technological foundation[74]. Accounting and Compliance - The company has undergone a change in accounting policy regarding revenue recognition, effective January 1, 2020, aligning with the revised accounting standards[181]. - The new revenue recognition policy consolidates existing standards into a unified model, focusing on the transfer of control rather than risks and rewards[181]. - The accounting policy change is not expected to have a significant impact on the company's financial position or results of operations[181]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties during the reporting period[179]. - The company has not faced any major accounting errors requiring retrospective restatement during the reporting period[183]. - There were no significant lawsuits or arbitration matters during the reporting period[192]. - The company has not undergone any bankruptcy reorganization during the reporting period[189].

浙江金固股份有限公司 2020 年第三季度报告全文 浙江金固股份有限公司 2020 年第三季度报告 2020 年 10 月 1 浙江金固股份有限公司 2020 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。 公司负责人孙锋峰、主管会计工作负责人倪永华及会计机构负责人(会计主 管人员)倪永华声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江金固股份有限公司 2020 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 reported a total revenue of RMB 1.2 billion for the first half of 2020, representing a year-on-year increase of 15%[19] - Net profit attributable to shareholders reached RMB 150 million, up 20% compared to the same period last year[19] - The company's operating revenue for the reporting period was ¥1,373,854,189.33, representing a 26.73% increase compared to ¥1,084,102,591.82 in the same period last year[26] - The net profit attributable to shareholders was -¥39,732,317.66, a decrease of 177.96% from ¥50,967,391.90 in the previous year[26] - The gross margin for the first half of 2020 improved to 35%, up from 32% in the previous year[19] - Future guidance estimates a revenue growth of 10-15% for the second half of 2020, driven by increased demand in the automotive sector[19] - The company reported a basic earnings per share of -¥0.04, a decline of 180.00% compared to ¥0.05 in the same period last year[26] - The company reported a net profit forecast for the period from January to September 2020 to be a loss of ¥32,000,000, representing a decrease of 162.79% compared to the previous year's net profit of ¥50,967,400[85] - The basic earnings per share for the same period is expected to be -¥0.03, down 163.29% from -¥0.02 in the previous year[85] Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2021[19] - A strategic partnership with a leading technology firm is expected to enhance the company's product offerings and innovation capabilities[19] - The company is exploring potential acquisitions to strengthen its supply chain and expand its product portfolio[19] - The company has established a partnership with Alibaba and Jiangsu Kangzhong Auto Parts Co., Ltd. in the automotive aftermarket, enhancing its supply chain capabilities[37] - The company plans to deepen its partnership with Alibaba to enhance its online resources and create a new "repair and maintenance integration" model in the automotive aftermarket[88] Research and Development - The company has invested RMB 200 million in R&D for new product development, focusing on electric vehicle components[19] - The EPS technology, which the company has exclusive rights to, is recognized as a key environmental protection technology in China[36] - The company is committed to continuous technological innovation and has a dedicated team of engineers, enhancing its research and development capabilities[46] - The company has fully implemented automated production lines, enhancing product performance and quality through advanced technologies like CO2 dual-wire welding, which increases wheel strength and durability[48] Operational Challenges and Recovery - The company faced operational challenges due to the COVID-19 pandemic, but has seen a recovery in orders and production in the second quarter[36] - The company anticipates that the automotive market will gradually recover in the second half of 2020 after a significant impact from the COVID-19 pandemic[85] Environmental Compliance - The company has maintained compliance with environmental discharge standards, with no exceedances reported[129] - The company has established wastewater treatment facilities with capacities ranging from 200T/d to 500T/d across its headquarters and factories in Chengdu and Shandong[138] - The wastewater treatment process includes chemical precipitation and secondary deep treatment, ensuring compliance with national discharge standards[138] - The company has achieved a 100% compliance rate for environmental impact assessments for all new, modified, and expanded projects[139] - The company has implemented advanced pollution control technologies, resulting in effective reduction of raw material consumption and achieving domestic advanced levels in water, electricity, and steam consumption[138] Financial Position and Assets - The total assets at the end of the reporting period were ¥6,485,970,991.09, down 3.29% from ¥6,706,828,647.36 at the end of the previous year[26] - The company's cash and cash equivalents decreased by 40.15% due to payments for notes payable and repayment of long-term loans[45] - The accounts receivable increased by 636.92% primarily due to the receipt of endorsed notes from customers[45] - The company's inventory increased by 4.26% to ¥968,854,825.71 from ¥793,683,258.19, indicating a growing stock level[66] - The company's long-term borrowings decreased to ¥70,940,854.98, down from ¥310,705,486.71, reflecting a reduction of 3.09%[69] Shareholder Information - The largest shareholder, Sun Jinguo, holds 12.51% of the shares, amounting to 126,562,500 shares[156] - The second-largest shareholder, Sun Fengfeng, holds 11.25% of the shares, totaling 113,812,564 shares[156] - The company has a total of 58,776 shareholders holding more than 5% of the shares[156] - The company’s stock incentive plan released 482,895 shares during the reporting period, with a total of 2,238,255 shares remaining restricted[152] - The company’s total number of shareholders at the end of the reporting period was 10, with significant holdings concentrated among a few individuals[156] Risks and Challenges - The company is facing risks from raw material price fluctuations, particularly steel, which significantly affects the cost of its steel wheel products[86] - The company reported a decline in domestic wheel exports due to market conditions but views this as an opportunity for industry consolidation[55]