重庆市涪陵榨菜集团股份有限公司 2019 年第三季度报告全文 1 重庆市涪陵榨菜集团股份有限公司 2019 年第三季度报告 2019-043 2019 年 10 月 重庆市涪陵榨菜集团股份有限公司 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证季度报告中财务报表的真实、准确、完整。 2 重庆市涪陵榨菜集团股份有限公司 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 CNY 1,085,952,107.98, representing a 2.11% increase compared to CNY 1,063,520,226.45 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was CNY 314,822,842.20, up 3.14% from CNY 305,246,085.31 year-on-year[15]. - The net cash flow from operating activities increased by 18.60% to CNY 227,139,911.97, compared to CNY 191,512,863.07 in the previous year[15]. - The basic earnings per share rose to CNY 0.40, a 2.56% increase from CNY 0.39 in the same period last year[15]. - The company reported a total revenue of approximately CNY 1,065,042,090.46 for the first half of 2019, with a net profit of CNY 170,257,644.17, reflecting a significant performance in the market[44]. - The net profit for the period was RMB 31,482.28 million, reflecting the company's ability to maintain stable growth despite macroeconomic pressures[29]. - The company reported a total comprehensive income of CNY 142,010,285.60 for the first half of 2019, compared to CNY 267,540,884.63 in the same period of 2018, a decline of 47.1%[94]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,113,405,241.36, reflecting a 4.53% increase from CNY 2,978,351,468.91 at the end of the previous year[15]. - The company's fixed assets amounted to RMB 754,911,124.21, accounting for 24.25% of total assets, showing a slight decrease of 1.30% from the previous year[35]. - Total liabilities amounted to CNY 532,562,978.32, up from CNY 507,099,165.41, showing an increase of approximately 5.4%[85]. - Owner's equity reached CNY 2,580,842,263.04, compared to CNY 2,471,252,303.50, indicating a growth of about 4.4%[85]. - The company's cash and cash equivalents decreased by 30.84% to RMB 219,267,565.42, primarily due to investments in financial products[35]. - The inventory level rose to RMB 393,303,512.68, representing 12.63% of total assets, an increase from 11.08% in the previous year[35]. Investments and R&D - The company invested RMB 10,064,298.52 in R&D, a significant increase of 125.44% compared to RMB 4,464,209.70 in the previous year, focusing on new product development and process optimization[31]. - The company has established a strong research and development center, collaborating with universities and research institutions to innovate in product development and industry standards[27]. - The company reported a significant increase in cash flow from operating activities, amounting to RMB 227,139,911.97, up 18.60% from RMB 191,512,863.07[31]. Market Strategy and Expansion - The company plans to enhance merger and acquisition efforts as part of its future development strategy, although there are uncertainties regarding the integration outcomes[7]. - The company is focusing on market expansion through innovative sales channels, including new retail, community group buying, and catering services[29]. - The company expanded its sales network to cover 34 provinces and municipalities, with over 1,200 loyal primary distributors and 67 sales offices nationwide[28]. - The company aims to become the absolute leader in the condiment industry by leveraging its capital market advantages for strategic acquisitions and product line extensions[28]. Environmental and Safety Standards - The company is committed to maintaining high food safety standards and has implemented rigorous quality control measures to prevent food safety incidents[45]. - The company has implemented pollution prevention facilities and upgraded wastewater treatment stations to meet new discharge standards[58]. - The company introduced an 800m³/d pickled vegetable brine reuse treatment project and MVR evaporation technology to reduce wastewater discharge and save water[58]. Shareholder and Equity Information - The company’s largest shareholder, Chongqing Fuling State-owned Assets Investment and Operation Group Co., Ltd., holds 39.65% of the shares, totaling 312,998,400[71]. - The number of ordinary shareholders at the end of the reporting period was 39,764, with significant changes in holdings among major shareholders[71]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period, maintaining stability in ownership[75]. Risks and Challenges - Risks related to raw material price fluctuations and food safety are highlighted as potential impacts on operational performance[3][4]. - The company faced risks related to raw material shortages and price fluctuations, particularly concerning the supply of Qingcaitou, which is essential for production[45]. - The company plans to enhance its raw material storage capacity and improve procurement strategies to mitigate risks associated with raw material price volatility[45]. Financial Reporting and Compliance - The financial report for the first half of 2019 has not been audited, which may affect the reliability of the financial data presented[81]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect true and complete information[115]. - The company’s financial statements are prepared based on the going concern assumption, indicating sufficient operating funds for the next 12 months[113].

重庆市涪陵榨菜集团股份有限公司 2019 年第一季度报告全文 重庆市涪陵榨菜集团股份有限公司 2019 年第一季度报告 （公告编号：2019-017 ） 2019 年 04 月 1 重庆市涪陵榨菜集团股份有限公司 2019 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证季度报告中财务报表的真实、准确、完整。 2 重庆市涪陵榨菜集团股份有限公司 2019 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|----------------- ...

Financial Performance - The company's operating revenue for 2018 was ¥1,914,353,929.10, representing a 25.92% increase compared to ¥1,520,238,658.64 in 2017[13]. - Net profit attributable to shareholders for 2018 was ¥661,719,638.12, a 59.78% increase from ¥414,142,244.09 in 2017[13]. - The net profit after deducting non-recurring gains and losses was ¥638,251,520.17, up 62.26% from ¥393,341,767.14 in 2017[13]. - The company's cash flow from operating activities for 2018 was ¥559,381,764.69, a 7.00% increase from ¥522,782,708.32 in 2017[13]. - Basic and diluted earnings per share for 2018 were both ¥0.84, reflecting a 61.54% increase from ¥0.52 in 2017[13]. - Total assets at the end of 2018 were ¥2,978,351,468.91, a 19.89% increase from ¥2,484,313,836.16 at the end of 2017[13]. - Net assets attributable to shareholders at the end of 2018 were ¥2,471,252,303.50, up 28.18% from ¥1,927,936,251.52 at the end of 2017[13]. - The company achieved a revenue of ¥1,914,353,929.10, representing a year-on-year growth of 25.92%[28]. - The net profit attributable to shareholders was ¥661,719,638.12, reflecting a year-on-year increase of 59.78%[28]. Dividend Policy - The company plans to distribute a cash dividend of 2.60 CNY per 10 shares based on a total of 789,357,241 shares, with no stock bonus[5]. - For the 2018 fiscal year, the proposed cash dividend is RMB 2.60 per 10 shares, amounting to RMB 205,232,882.66, representing 15.84% of the distributable profit[70]. - The cash dividend payout ratio for 2018 is 31.02%, indicating a strong commitment to returning value to shareholders[69]. - The cash dividends for the last three years were RMB 52,623,816.10 in 2016, RMB 118,403,586.15 in 2017, and RMB 205,232,882.66 in 2018, showing a consistent increase[69]. - The company retained the remaining profits for operational needs, ensuring financial stability for future growth[67]. Operational Risks and Challenges - The company faces operational risks due to potential shortages or price fluctuations of its main raw material, the green vegetable head, which could impact production costs significantly[2]. - The company emphasizes the importance of food safety standards, as any incidents could severely affect its operations and reputation[3]. - The company operates in a highly regulated food manufacturing industry, which may lead to increased production costs due to compliance with safety standards[3]. - The company faces challenges such as rising raw material costs and intense competition characterized by low pricing, which may impact profit margins[53]. - The company is addressing risks related to raw material supply and price fluctuations by expanding its raw material storage capacity and increasing investment in raw material procurement[58]. Growth and Expansion Strategies - The company is increasing its efforts in mergers and acquisitions to enhance its market position, although the success of these integrations remains uncertain[5]. - The company has conducted thorough feasibility studies for new projects, but market changes could still pose risks to their implementation and lead to overcapacity[5]. - The company is expanding its production capacity with ongoing projects, including a new 50,000-ton pickled vegetable production base and wastewater treatment facilities[20]. - The company plans to enhance its raw material supply chain by increasing planting areas and improving yield through scientific farming practices[55]. - The company aims to accelerate technological upgrades in production to reduce labor costs and improve efficiency[55]. - The company is focusing on product innovation and quality enhancement to increase product value and pricing power[55]. - The company plans to actively explore market expansion and sales innovation, particularly in first and second-tier markets, to enhance its distribution channels[57]. Research and Development - The company has established long-term partnerships with universities and research institutes, enhancing its research and development capabilities[23]. - The company's R&D investment amounted to CNY 22,536,294.61, accounting for 1.18% of operating revenue[41]. - Research and development expenses increased significantly to ¥964,591.79 from ¥305,874.64, showing a growth of over 215%[184]. - The company is investing 50 million CNY in R&D for new product development, focusing on health-oriented food products[73]. Environmental Responsibility - The company has established wastewater treatment stations at all production facilities, ensuring compliance with new discharge standards through upgrades and technical improvements[103]. - The total discharge of COD from the Baiheliang pickled vegetable factory was 13.58 tons, which is below the approved limit of 15 tons[102]. - The company has implemented an 800m³/d brine reuse project to reduce wastewater discharge and improve water conservation[103]. - The company has completed environmental risk assessments and emergency response plans for all its production sites, with annual drills conducted[105]. - The company’s wastewater discharge standards are in line with Class III water body first-level discharge standards as per GB-8978-1996[102]. Corporate Governance - The company has a complete governance structure, including a board of supervisors that oversees financial and managerial responsibilities[141]. - The board of directors consists of 11 members, including 4 independent directors, complying with legal and regulatory requirements[141]. - The company maintains independent financial operations, with a dedicated finance department and no shared bank accounts with controlling shareholders[145]. - The company has established a robust investor relations management system, providing timely responses to investor inquiries through various communication channels[143]. - The audit committee ensured the independence of the audit process and maintained communication with auditors[152]. Shareholder Information - The largest shareholder, Chongqing Fuling State-owned Assets Investment and Operation Group Co., Ltd., holds 39.65% of the shares, totaling 312,998,400 shares[117]. - The company had 34,931 common stock shareholders at the end of the reporting period, an increase from 32,365 at the end of the previous year[116]. - The total number of shares held by the top five shareholders or those holding more than 5% of shares was not specified, but the company noted the increase in shareholder numbers[116]. - The company did not engage in any securities issuance or repurchase during the reporting period[116]. Employee Management - The total number of employees in the company is 2,630, with 2,120 in the parent company and 510 in major subsidiaries[135]. - The total remuneration for directors, supervisors, and senior management is 400.44 million yuan, with the highest individual remuneration being 54.55 million yuan for the chairman[133]. - The company has established a salary management committee to retain and motivate key talents necessary for development[136]. - The company conducts annual training needs assessments and implements training plans categorized into long-term, annual, and monthly[137]. Financial Management - The company actively engaged in social responsibility, ensuring stable profit growth and implementing a stable cash dividend policy for investors[96]. - The company reported a significant increase in cash and cash equivalents due to the recovery of investments in financial products, which boosted bank deposits[44]. - The company reported a net increase in cash and cash equivalents of CNY 899,826,916.70, contrasting with a decrease of CNY 127,432,909.31 in the previous period[192].

重庆市涪陵榨菜集团股份有限公司 2018 年第三季度报告正文 2018 年第三季度报告正文 1 重庆市涪陵榨菜集团股份有限公司 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证季度报告中财务报表的真实、准确、完整。 2 重庆市涪陵榨菜集团股份有限公司 2018 年第三季度报告正文 证券代码：002507 证券简称：涪陵榨菜 公告编号：2018-085 重庆市涪陵榨菜集团股份有限公司 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 2,895,298,167.24 | 2,484,313,836.16 | | ...

重庆市涪陵榨菜集团股份有限公司 2018 年半年度报告全文 重庆市涪陵榨菜集团股份有限公司 2018 年半年度报告 2018-067 2018 年 07 月 1 重庆市涪陵榨菜集团股份有限公司 2018 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：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。 1．原材料价格波动导致的经营业绩波动风险 本公司生产经营所需原材料为青菜头，如青菜头发生大规模的自然灾害或 种植面积减少，导致原材料供给减少，公司将面临因原材料不足或原材料价格 波动而导致的经营风险。公司采购原材料分为采购青菜头及青菜头粗加工产品 (盐菜块)，青菜头采购策略为保证农民种植榨菜原料植物有合理、稳定的种植收 益，青菜头粗加工产品(盐菜块)则根据市场原则,在盐菜块采购过程中，若部分 加工户和社会人士参与原料囤积和炒作,可能导 ...

重庆市涪陵榨菜集团股份有限公司 2018 年第一季度报告正文 证券代码：002507 证券简称：涪陵榨菜 公告编号：2018-046 重庆市涪陵榨菜集团股份有限公司 2018 年第一季度报告正文 1 重庆市涪陵榨菜集团股份有限公司 2018 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证季度报告中财务报表的真实、准确、完整。 2 重庆市涪陵榨菜集团股份有限公司 2018 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 公司是否需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） | 507,294,494.86 | 343,416,925.40 | 47.72% | | 归属于上 ...

重庆市涪陵榨菜集团股份有限公司 2017 年年度报告全文 重庆市涪陵榨菜集团股份有限公司 2017 年年度报告 2018-025 2018 年 03 月 1 重庆市涪陵榨菜集团股份有限公司 2017 年年度报告全文 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证年度报告中财务报告的真实、准确、完整。 公司经本次董事会审议通过的利润分配预案为：以 2017 年 12 月 31 日公司 总股本 789,357,241 股为基数，向全体股东每 10 股派发现金红利 1.50 元（含税）， 送红股 0 股（含税），不以资本公积金转增股本。 3 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 6 | | --- | --- | | 第二节 | 公司简介和主要财务指标 9 | | 第三节 | 公司业务概要 12 | | 第四节 | 经营情况讨论与分析 28 | | 第五节 | ...

重庆市涪陵榨菜集团股份有限公司 2017 年第三季度报告正文 1 重庆市涪陵榨菜集团股份有限公司 2017 年第三季度报告正文 证券代码：002507 证券简称：涪陵榨菜 公告编号：2017-059 重庆市涪陵榨菜集团股份有限公司 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。 公司负责人周斌全、主管会计工作负责人韦永生及会计机构负责人(会计主 管人员)韦永生声明：保证季度报告中财务报表的真实、准确、完整。 2 重庆市涪陵榨菜集团股份有限公司 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 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -16,897,622.09 | | | 计入当期损益的政府补助（与 ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 793,040,171.26, representing a 30.59% increase compared to CNY 607,257,154.25 in the same period last year[23]. - The net profit attributable to shareholders of the listed company reached CNY 171,951,578.21, a 48.38% increase from CNY 115,884,621.88 year-on-year[23]. - The net cash flow from operating activities was CNY 194,696,489.03, up 55.54% from CNY 125,178,444.16 in the previous year[23]. - The basic earnings per share increased to CNY 0.22, a 46.67% rise compared to CNY 0.15 in the same period last year[23]. - Total assets at the end of the reporting period were CNY 2,148,292,938.88, an 11.17% increase from CNY 1,932,370,009.84 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were CNY 1,685,745,585.64, reflecting a 7.62% increase from CNY 1,566,417,823.53 at the end of the previous year[23]. - The company reported a total profit of CNY 201,630,623.39, an increase of 46.3% from CNY 137,750,385.62 year-on-year[147]. - The company maintained a strong cash flow position with an increase in cash received from operating activities[154]. Investment and Growth Strategies - The company plans to enhance its merger and acquisition efforts to align with future development strategies, although there are uncertainties regarding the integration outcomes[9]. - The company is focused on expanding its product line through mergers and acquisitions to strengthen its market position[38]. - The company is actively pursuing mergers and acquisitions to strengthen its market position, with a focus on maintaining control over acquired companies while leveraging synergies[77]. - The company plans to enhance its raw material storage capacity and invest in the construction of storage facilities to mitigate risks associated with raw material supply and price volatility[74]. - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[83]. Market Position and Product Development - The company maintains the largest market share in the condiment vegetable industry, with its main products, the Wujang series pickled vegetables and Huitong series pickled cabbage, leading in sales[31]. - The company launched new products including pickled vegetables, with three new varieties developed and brought to market during the reporting period[44]. - The company’s sales management strategy focuses on experiential marketing and balanced development, contributing to synchronized growth in sales and profits[32]. - The company’s brand recognition is high, with its products being sold in eight countries, including Japan and the USA, establishing a strong international presence[34]. - The company is focused on enhancing product sales efforts and market expansion to mitigate risks associated with new project investments[76]. Financial Management and Risks - The company faces risks related to raw material supply and price fluctuations, which could impact operational performance[5]. - The company will adjust the prices of its products in response to rising raw material costs to protect its profit margins[74]. - The company is committed to thorough feasibility studies for new projects to avoid risks associated with market changes and potential overcapacity[76]. - The company has established a procurement model that supports local farmers, ensuring a stable supply of raw materials while enhancing community income[32]. Shareholder and Equity Information - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period[10]. - The company has made commitments regarding the lock-up period for shares held by its major shareholder, which will last for 12 months[86]. - The total number of shares increased from 526,238,161 to 789,357,241 after a capital reserve increase of 263,119,080 shares in May 2017[112]. - The company distributed a cash dividend of RMB 0.10 per share to shareholders, totaling RMB 52,623,816.10 for the year 2016[114]. - The company reported a profit distribution of CNY -52,623,816.10, indicating a loss in profit allocation to shareholders[162]. Compliance and Governance - The company has not conducted any major litigation or arbitration matters during the reporting period[89]. - The company has not experienced any penalties or rectification situations during the reporting period[90]. - The company has established a framework to ensure compliance with commitments regarding related party transactions and potential conflicts of interest[84]. - The company is committed to transparency in related transactions, ensuring proper disclosure and approval processes are followed[84]. Operational Efficiency - The company’s production process has been mechanized and automated, improving efficiency and ensuring food safety and product quality[32]. - The gross profit margin improved due to optimized production processes and increased sales volume, despite a 32.47% rise in operating costs[46]. - The company’s fixed assets increased by 54.01% compared to the beginning of the period, primarily due to new technological upgrades in production lines[33]. - Research and development investment decreased by 48.04% to CNY 1.31 million, primarily due to the completion of a previous project[46]. Financial Reporting and Audit - The half-year financial report has not been audited[87]. - The financial report for the first half of 2017 has not been audited, which may affect the reliability of the financial data presented[135]. - The company’s financial statements are prepared based on the accrual basis of accounting[173]. - The company’s financial statements comply with the requirements of the accounting standards and reflect the financial position as of December 31, 2016, and the operating results for the year 2016[176].