证券代码：002522 证券简称：浙江众成 公告编号：2020-024 浙江众成包装材料股份有限公司 关于召开 2019 年度网络业绩说明会暨参加浙江辖区上市公 司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 为进一步加强与投资者特别是中小投资者的沟通交流，浙江众成包装材料股 份有限公司（以下简称"浙江众成"或"公司"）将召开2019年度网络业绩说明 会暨参加由浙江证监局指导，浙江上市公司协会与深圳市全景网络有限公司共同 举办的"凝心聚力共克时艰"辖区上市公司投资者网上集体接待日活动。公司将 采用网络平台在线交流方式，与投资者就2019年度公司经营成果、财务指标等投 资者所关心的问题进行交流沟通，在信息披露允许的范围内就投资者关注的问题 进行回答。 本次网络业绩说明会暨投资者网上集体接待日活动将通过全景网互动平台 采 取 网络 远程 的方 式 举行 ，投 资者 可以 登录 " 全景 ·路 演天 下" 网 站 （http://rs.p5w.net）投资者关系互动平台参与本次互动交流活动，活动时间 为2020年5月15日（星期五） ...

Financial Performance - The company's revenue for Q1 2020 was ¥253,699,221.63, a decrease of 9.26% compared to ¥279,595,352.07 in the same period last year[8]. - Net profit attributable to shareholders increased by 63.22% to ¥19,262,467.23 from ¥11,801,449.98 year-on-year[8]. - The net profit after deducting non-recurring gains and losses surged by 114.43% to ¥16,035,406.47 compared to ¥7,478,262.45 in the previous year[8]. - Operating revenue decreased by 9.26% year-on-year, while operating profit and net profit attributable to shareholders increased by 383.26% and 63.22% respectively, mainly due to changes in product structure and reduced raw material costs[20]. - Total operating revenue for Q1 2020 was CNY 253,699,221.63, a decrease of 9.25% compared to CNY 279,595,352.07 in the previous year[55]. - Net profit for Q1 2020 reached CNY 6,357,550.74, a significant recovery from a net loss of CNY 1,800,001.54 in the same period last year[56]. - The total comprehensive income for Q1 2020 was CNY 7,392,977.15, a recovery from a loss of CNY 2,813,058.41 in the previous year[57]. - Total comprehensive income for the first quarter reached CNY 30,501,125.68, compared to CNY 27,134,726.18 in the previous year, reflecting an increase of approximately 8.7%[62]. Cash Flow - The net cash flow from operating activities was negative at -¥29,586,172.18, a decline of 757.93% from ¥4,496,861.85 in the same period last year[8]. - Cash inflow from operating activities totaled CNY 277,567,158.28, down from CNY 303,691,197.62, indicating a decrease of about 8.6%[64]. - Cash inflow from investment activities was CNY 747,220,437.87, significantly higher than CNY 474,358,252.42, marking an increase of approximately 57.5%[66]. - Net cash flow from investment activities was CNY -180,217,386.28, an improvement from CNY -233,830,875.48 in the previous year[66]. - Cash inflow from financing activities was CNY 157,883,665.18, down from CNY 181,694,773.90, reflecting a decrease of about 13.1%[66]. - Net cash flow from financing activities was CNY -52,733,932.34, compared to a positive CNY 24,376,044.11 in the previous year[66]. - The ending balance of cash and cash equivalents was CNY 279,899,811.38, a decrease from CNY 256,358,579.26 in the previous year[66]. - The company reported a significant increase in cash inflow from investment activities, with cash recovered from investments reaching CNY 737,056,824.41, up from CNY 415,977,453.95[69]. Assets and Liabilities - Total assets at the end of the reporting period were ¥3,196,264,516.94, down 3.12% from ¥3,299,354,536.52 at the end of the previous year[8]. - The company's total liabilities decreased to CNY 1,248,846,373.36 from CNY 1,360,116,398.15, reflecting a decline of about 8.17%[46]. - Current liabilities due within one year increased by 85.22% compared to the beginning of the year, while long-term borrowings decreased by 49.92% as long-term loans from subsidiaries entered repayment periods[19]. - The company's total liabilities decreased to CNY 190,469,727.05 from CNY 257,060,604.74, indicating improved financial health[53]. - The total liabilities to equity ratio is approximately 70.2%, reflecting a significant leverage position[74]. Shareholder Information - Basic and diluted earnings per share both doubled to ¥0.02 from ¥0.01 year-on-year[8]. - The total number of shareholders at the end of the reporting period was 35,162[12]. - The equity attributable to shareholders of the parent company increased to CNY 1,841,741,244.30 from CNY 1,820,997,341.86, an increase of approximately 1.14%[47]. - The company plans to continue focusing on cost control and efficiency improvements to enhance profitability in the upcoming quarters[56]. Investment Activities - The company received government subsidies amounting to ¥1,705,628.37 during the reporting period[9]. - The company reported a significant increase in investment income to CNY 1,923,685.50 from CNY 3,776,821.41, highlighting better investment performance[56]. - The company engaged in four purchases of financial products amounting to 11,760 million CNY from January 2 to March 23, 2020, with redemptions totaling 17,960 million CNY, resulting in a zero balance[34]. - The company reported a floating income rate of 3.50% on a financial product with an investment of 6,000 million CNY, which was contracted in January 2020[32]. Operational Efficiency - Financial expenses decreased by 39.12% year-on-year, attributed to increased interest income from deposits and gains from foreign exchange[20]. - The company's asset impairment losses decreased by 59.35% year-on-year, primarily due to increased provisions for bad debts[22]. - Research and development expenses for Q1 2020 were CNY 9,578,874.10, down from CNY 11,365,383.38, suggesting a potential shift in investment strategy[56].

Financial Performance - The company's operating revenue for 2019 was CNY 1,245,810,742.75, representing an increase of 18.79% compared to CNY 1,048,780,336.92 in 2018[16] - The net profit attributable to shareholders for 2019 was CNY 64,161,660.67, a significant increase of 78.64% from CNY 35,916,005.04 in the previous year[16] - The net profit after deducting non-recurring gains and losses reached CNY 43,036,861.49, marking a 222.98% increase from CNY 13,324,965.03 in 2018[16] - The net cash flow from operating activities was CNY 172,150,716.93, up 216.57% from CNY 54,380,762.98 in the previous year[16] - The total assets at the end of 2019 amounted to CNY 3,299,354,536.52, reflecting a growth of 6.14% from CNY 3,108,565,671.94 at the end of 2018[16] - The net assets attributable to shareholders increased to CNY 1,820,997,341.86, a rise of 1.96% compared to CNY 1,785,954,949.38 in 2018[16] - The basic earnings per share for 2019 were CNY 0.07, representing a 75.00% increase from CNY 0.04 in 2018[16] - The diluted earnings per share also stood at CNY 0.07, consistent with the basic earnings per share increase[16] - The weighted average return on equity was 3.56%, up from 1.99% in the previous year[16] Revenue Breakdown - Revenue from plastic products accounted for 65.82% of total revenue, amounting to ¥819,997,156.34, which is a 22.93% increase from the previous year[46] - The sales volume of POF heat shrink film increased by 16.67% to 36,329,779.66 kg in 2019, while production volume rose by 16.04%[50] - The POF shrink film products accounted for approximately 66% of the company's total sales revenue in 2019, while thermoplastic elastomers contributed around 33%[27] Market Position and Product Development - The company maintained its position as the largest producer of POF shrink film in China, with sales exceeding 36,000 tons in 2019, continuing a trend of stable growth[29] - The company has invested in the development of new products and technologies, particularly in the POF shrink film and thermoplastic elastomer sectors, to enhance its market position[28] - The second production line for thermoplastic elastomers was launched in 2019, contributing to the company's capacity expansion and market competitiveness[30] - The company’s high-end products and new product ratio are expected to increase year by year as it transitions from basic products to high-end offerings[41] Research and Development - The company’s investment in R&D has led to the development of multiple patented technologies, enhancing product quality and production efficiency[35] - The number of R&D personnel rose by 20.62% to 117, with R&D personnel accounting for 12.58% of the total workforce[59] - The company has filed over ten invention patents related to high-performance functional polypropylene film during the reporting period[43] Cash Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.7 per 10 shares, based on a total share capital of 905,779,387 shares[5] - For the 2019 fiscal year, the company plans to distribute cash dividends of RMB 63,404,557.09, which represents 98.82% of the net profit attributable to shareholders[114] - The total cash dividend amount distributed is fully covered by the available profit, with no other forms of cash distribution such as share buybacks[117] Financial Management and Risks - The company has a strong reliance on imported raw materials, with over 80% sourced from major suppliers such as Dow Chemical, Basell, and Itochu, exposing it to supply chain risks[103] - The company faces significant risks from raw material price fluctuations, particularly due to its dependence on linear low-density polyethylene and copolymer polypropylene, which are linked to international oil prices[104] - The company is implementing strategies to enhance its technological capabilities and production efficiency to mitigate risks associated with raw material price volatility[106] Environmental Compliance and Social Responsibility - The company has committed to environmental protection, reducing waste emissions through continuous technological improvements[173] - The company has established a wastewater treatment facility that ensures treated water meets regulatory requirements, with online monitoring connected to the environmental protection bureau[179] - The company has achieved zero environmental accidents and complaints, with no administrative penalties received[183] - The company has established a charity fund, donating nearly 1.3 million RMB to various social causes, including education and poverty alleviation[174] Shareholder Structure and Governance - The largest shareholder, Chen Dakuai, holds 39.05% of the shares, totaling 353,700,000 shares, with a decrease of 180,054 shares during the reporting period[192] - The company did not engage in any repurchase transactions among the top ten ordinary shareholders during the reporting period[194] - The report indicates a stable ownership structure with no significant changes in shareholder dynamics[198]

Financial Performance - Operating revenue for the reporting period was ¥334,107,504.06, representing a year-on-year increase of 13.42%[7] - Net profit attributable to shareholders was ¥21,908,152.01, a significant increase of 77.14% compared to the same period last year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥18,780,126.52, up 144.25% year-on-year[7] - Basic earnings per share for the reporting period was ¥0.02, a 100% increase year-on-year[7] - The company's operating revenue increased by 16% compared to the same period last year, driven by enhanced marketing efforts for POF shrink film products[20] - The company's net profit attributable to shareholders increased by 78.46% year-on-year, primarily due to increased sales volume and improved product gross margins[21] - The company's cash flow from operating activities increased by 140.36% compared to the same period last year, attributed to higher sales revenue and volume[22] - Total operating revenue for Q3 2019 was CNY 334,107,504.06, an increase of 13.4% compared to CNY 294,586,009.20 in the same period last year[52] - The net profit for the third quarter reached CNY 4,925,877.80, a significant recovery from a net loss of CNY 7,603,014.20 in the previous year[54] - The company reported a total profit of CNY 11,665,629.97, compared to a loss of CNY 1,656,007.99 in the same quarter last year[54] - Earnings per share (EPS) for the quarter was CNY 0.02, compared to CNY 0.01 in the previous year, reflecting improved profitability[55] - The total comprehensive income for the quarter was CNY 6,680,904.38, a recovery from a loss of CNY 5,621,596.58 in the same period last year[55] - Total operating revenue for Q3 2019 was CNY 581,102,106.62, an increase from CNY 479,934,214.44 in the same period last year, representing a growth of approximately 21.1%[66] - Net profit for Q3 2019 reached CNY 22,333,395.77, compared to CNY 1,279,726.44 in Q3 2018, marking a significant increase of approximately 1,743.5%[63] - Operating profit for Q3 2019 was CNY 39,780,175.75, up from CNY 13,345,659.00 in Q3 2018, reflecting an increase of approximately 198.5%[63] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,234,880,828.80, an increase of 4.06% compared to the end of the previous year[7] - Total liabilities amounted to CNY 1,255,719,026.80, an increase of 11.3% from CNY 1,128,116,708.75 in the previous year[44] - The company's total assets reached CNY 3,234,880,828.80, up from CNY 3,108,565,671.94, indicating a growth of 4.1%[44] - The company reported total liabilities of CNY 1,128,116,708.75, with current liabilities of CNY 688,841,796.33 and non-current liabilities of CNY 439,274,912.42[83] - The total liabilities to equity ratio stands at approximately 0.57, indicating a balanced capital structure[83] - The company has ongoing construction projects valued at CNY 255,430,531.25, suggesting future growth potential through expansion[81] Cash Flow - The net cash flow from operating activities was ¥47,803,929.73, reflecting a 70.89% increase compared to the same period last year[7] - The cash inflow from financing activities amounted to CNY 629,491,847.20, with cash outflow totaling CNY 700,309,518.44, leading to a net cash flow of -CNY 70,817,671.24[73] - The net cash flow from operating activities for Q3 2019 was CNY 134,859,715.72, a significant increase from CNY 56,107,317.48 in Q3 2018, representing an increase of approximately 140%[72] - The company experienced a net decrease in cash and cash equivalents of CNY 124,624,082.14 during the quarter[73] Shareholder Information - The company reported a total of 36,298 common shareholders at the end of the reporting period[11] - The total equity attributable to shareholders was CNY 1,828,317,280.35, slightly up from CNY 1,785,954,949.38, reflecting a growth of 2.4%[44] Research and Development - The company's research and development expenses grew by 57.25% year-on-year, reflecting increased investment in high-end product development[20] - Research and development expenses increased to CNY 10,839,439.96, representing a 28.9% rise from CNY 8,407,078.89 in the previous year, highlighting the company's commitment to innovation[57] - Research and development expenses for Q3 2019 amounted to CNY 33,721,594.34, compared to CNY 21,444,377.46 in Q3 2018, indicating a rise of approximately 57.3%[62] Financial Management - The company's financial expenses rose by 76.98% year-on-year, primarily due to increased interest expenses from higher borrowings[20] - The company incurred financial expenses of CNY 34,714,420.32 in Q3 2019, which is an increase from CNY 19,614,472.89 in Q3 2018, reflecting a rise of approximately 76.8%[62] - The company reported no overdue amounts for entrusted financial management, indicating effective management of financial assets[35] - The company has not reported any overdue external guarantees during the reporting period, indicating a stable financial position[32] - There were no significant non-operating fund occupations by controlling shareholders or related parties during the reporting period, ensuring financial integrity[33]

证券代码：002522 证券简称：浙江众成 公告编号：2019-038 浙江众成包装材料股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的 公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 为了进一步加强与投资者特别是中小投资者的沟通交流，浙江众成包装材料 股份有限公司（以下简称"公司"）将参加由中国证券监督管理委员会浙江证监 局、浙江上市公司协会、深圳市全景网络有限公司（以下简称"全景网"）共同 举办的"'沟通促发展 理性共成长'辖区上市公司投资者网上集体接待日主题 活动"。现将有关事项公告如下： 本次投资者网上集体接待日活动将通过全景网互动平台采取网络远程的方 式举行，投资者可以登录"全景﹒路演天下"网站（http://rs.p5w.net）参与 互动交流，活动时间为2019年11月5日（星期二）下午15:30-17:00。 公司参加本次接待日活动的人员有：董事长、总经理陈健先生，董事、财务 负责人、副总经理董卫平先生，董事会秘书、副总经理许丽秀女士（如遇特殊情 况， 参与人员会有所调整）。欢迎广大投资者积极参与本次活动。 特此公告。 浙 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 567,920,468.46, representing a 17.57% increase compared to CNY 483,052,636.09 in the same period last year[16]. - The net profit attributable to shareholders of the listed company reached CNY 44,777,418.01, a significant increase of 79.12% from CNY 24,998,864.09 year-on-year[16]. - The net profit after deducting non-recurring gains and losses was CNY 34,311,423.51, up 136.51% from CNY 14,507,186.48 in the previous year[16]. - The net cash flow from operating activities was CNY 87,055,785.99, showing a remarkable increase of 209.43% compared to CNY 28,134,427.78 in the same period last year[16]. - Basic earnings per share increased to CNY 0.05, a rise of 66.67% from CNY 0.03 in the previous year[16]. - Total revenue for the reporting period reached ¥567,920,468.46, representing a year-on-year increase of 17.57% compared to ¥483,052,636.09 in the same period last year[38]. - The total comprehensive income for the first half of 2019 was CNY 69,241,327.20, compared to CNY 40,964,664.42 in the same period of 2018, representing an increase of approximately 69.0%[163]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,163,611,229.98, reflecting a 1.77% increase from CNY 3,108,565,671.94 at the end of the previous year[16]. - The total liabilities increased to CNY 211,179,783.55 from CNY 189,898,053.59, marking an increase of 11.52%[154]. - The total owner's equity was CNY 1,971,462,913.21, down from CNY 1,980,448,963.19, indicating a decrease of approximately 0.4%[149]. - Cash and cash equivalents at the end of the reporting period were ¥482,834,359.17, which is 15.26% of total assets, up from 10.54% in the previous year[45]. - Short-term loans increased to ¥432,764,667.97, representing 13.68% of total assets, compared to 8.22% in the previous year[45]. Revenue Breakdown - Revenue from plastic products amounted to ¥382,692,947.23, accounting for 67.38% of total revenue, with a year-on-year growth of 29.78%[38]. - Revenue from synthetic rubber manufacturing was ¥176,720,193.16, showing a slight decline of 0.44% compared to the previous year[38]. - Domestic revenue (including other business income) was ¥339,342,489.27, which is 59.75% of total revenue, reflecting a year-on-year increase of 12.17%[38]. - International revenue (including other business income) reached ¥228,577,979.19, representing 40.25% of total revenue, with a significant year-on-year growth of 26.61%[38]. Investment and Projects - The company has invested in a project to produce 120,000 tons of thermoplastic elastomer materials, leading to an increase in related balance sheet items[26]. - The company has made progress in the "high-performance functional polypropylene film trial project," obtaining over ten related invention patents[31]. - The company has invested RMB 7,889.88 million in a high-performance functional polypropylene film project, with a cumulative investment of RMB 46,911.5 million[52]. - The company has committed to several investment projects, with a total committed investment of RMB 98,144.0 million[62]. Risks and Challenges - The company faces risks including raw material price fluctuations, supplier concentration, exchange rate fluctuations, and product structure singularity[4]. - Over 80% of the company's raw materials are sourced from major suppliers, creating a concentration risk that could impact supply and pricing[78]. - The company exports approximately 60% of its products, exposing it to foreign exchange risks due to reliance on USD for procurement and sales[78]. - The company faced challenges in achieving expected benefits from the new production lines due to intense competition and slower-than-expected market promotion[63]. Corporate Governance and Compliance - The company has not made any securities or derivative investments during the reporting period[54][55]. - The company reported a total transaction amount of 73.16 million yuan in related party transactions during the reporting period[94]. - There were no significant litigation or arbitration matters during the reporting period[90]. - The half-year financial report was not audited[88]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with total COD emissions of 0.6663 tons, which is within the approved discharge limit of 48.614 tons per year[108]. - The company has implemented effective pollution control measures, ensuring compliance with environmental laws and regulations, with all pollutants meeting discharge standards[110]. - The company has established an emergency response plan for environmental incidents, which has been reviewed and filed with the environmental protection bureau[113]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 33,327[128]. - The largest shareholder, Chen Dakuai, holds 41.04% of the shares, totaling 371,705,400 shares, with 257,813,800 shares pledged[128]. - The company has not issued any securities or undergone any changes in its controlling shareholder during the reporting period[131][132].

Financial Performance - The company's operating revenue for Q1 2019 was ¥279,595,352.07, representing a 23.79% increase compared to ¥225,854,665.25 in the same period last year[8] - The net profit attributable to shareholders was ¥11,801,449.98, a 2.77% increase from ¥11,482,911.01 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥7,478,262.45, up 27.23% from ¥5,877,782.60 in the previous year[8] - The company's operating revenue increased by 23.79% compared to the same period last year, while operating costs rose by 22.35%, primarily due to increased marketing efforts for POF heat shrink film products[19] - Operating profit and net profit decreased by 75.94% and 123.42% year-on-year, respectively, while minority shareholder profit increased by 258.22%[20] - Net profit for Q1 2019 was CNY -1,800,001.54, a decrease from CNY 7,685,998.30 in Q1 2018[54] - The company reported a basic earnings per share of CNY 0.01, unchanged from the previous year[55] - The company reported a basic and diluted earnings per share of ¥0.03, up from ¥0.02 in the previous period[59] Cash Flow - The net cash flow from operating activities increased by 47.91% to ¥4,496,861.85 from ¥3,040,249.33 in the same period last year[8] - Net cash flow from operating activities increased by 47.91% year-on-year, driven by growth in sales revenue and volume[22] - Cash flow from operating activities generated a net amount of ¥4,496,861.85, compared to ¥3,040,249.33 in the previous period, reflecting a 47.9% increase[62] - Net cash flow from financing activities decreased by 65.4% year-on-year, primarily due to a decline in net borrowings by the subsidiary[22] - The net increase in cash and cash equivalents was negative CNY 180.08 million, compared to a positive increase of CNY 9.54 million in the previous year[67] Assets and Liabilities - Total assets at the end of the reporting period were ¥3,141,300,696.94, a 1.05% increase from ¥3,108,565,671.94 at the end of the previous year[8] - The total current assets increased slightly to ¥1,344.62 million from ¥1,331.41 million, showing a growth of about 1%[41] - The company's total assets as of Q1 2019 were CNY 2,174,017,442.90, compared to CNY 2,119,577,423.42 at the end of the previous year[50] - Total liabilities increased to ¥1,163.16 million from ¥1,128.12 million, marking an increase of approximately 3.1%[44] - Total liabilities increased to CNY 217,203,346.89 from CNY 189,898,053.59 in the previous year[49] Investments and Expenses - Research and development expenses grew by 73.41% year-on-year, mainly due to increased funding for high-end product development by the subsidiary Zhongli Synthetic Materials[19] - Financial expenses increased by 68.3% year-on-year, attributed to higher interest payments from increased borrowings by the subsidiary Zhongli Synthetic Materials[19] - Investment income decreased by 32.2% compared to the previous year, primarily due to a reduction in the purchase of bank wealth management products[19] - Research and development expenses increased to CNY 11,365,383.38, up 73.5% from CNY 6,554,109.11 in the previous year[53] - The company incurred financial expenses of ¥2,684,538.49, a decrease from ¥3,940,027.87 in the previous period, with interest expenses significantly reduced to ¥331,386.01 from ¥8,000.60[57] Inventory and Receivables - Accounts receivable increased by 134.44% compared to the beginning of the year, mainly due to an increase in bank acceptance bill differences received and paid by the subsidiary[17] - Prepayments increased by 37.75% compared to the beginning of the year, driven by increased advance payments for equipment related to the production project of thermoplastic elastomer materials[17] - The company's inventory rose to ¥479.04 million from ¥472.69 million, indicating an increase of approximately 1.1%[41] Shareholder and Equity Information - The total equity attributable to the parent company increased to ¥1,797.03 million from ¥1,785.95 million, reflecting a growth of about 0.6%[44] - The company's retained earnings increased to ¥171.68 million from ¥159.88 million, showing an increase of approximately 7.4%[44] - The company reported no overdue commitments from major shareholders or related parties during the reporting period[33] - There were no violations regarding external guarantees during the reporting period[34] Other Financial Information - The company did not undergo an audit for the first quarter report, indicating that the financial data has not been independently verified[68]

证券代码：002522 证券简称：浙江众成 公告编号：2019-015 浙江众成包装材料股份有限公司 关于举行 2018 年度网络业绩说明会及"投资者接待日"活 动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 浙江众成包装材料股份有限公司（以下简称"公司"）将于2019年5月9日（星 期四）下午15：00－17：00举行2018年度网络业绩说明会。 本次说明会采用网络远程的方式举行，投资者可通过以下方式参与本次年度 业绩说明会。 参与方式一：在微信中搜索"约调研"小程序； 参与方式二：微信扫一扫以下二维码： 投资者依据提示，授权登入"约调研"微信小程序，点击"网上说明会"， 搜索"浙江众成"，即可参与交流。 出席本次说明会的人员有：公司董事长、总经理陈健先生，董事、财务负责 人、副总经理董卫平先生，董事会秘书、副总经理许丽秀女士，独立董事汪萍女 第 1 页 共 2 页 士和保荐代表人胡伊苹女士。 此外，公司将于 2018 年度股东大会召开日举办投资者接待日活动，具体如 下： 1、时间：2018 年 5 月 16 日下午 16:00-17:00； 2、 ...

Financial Performance - In 2018, the company's operating revenue reached ¥1,048,780,336.92, representing a 65.14% increase compared to ¥635,085,675.75 in 2017[16] - The net profit attributable to shareholders decreased by 47.18% to ¥35,916,005.04 from ¥68,003,274.80 in the previous year[16] - The net profit after deducting non-recurring gains and losses fell by 74.26% to ¥13,324,965.03, down from ¥51,764,680.45 in 2017[16] - Basic and diluted earnings per share were both ¥0.04, a decrease of 50% from ¥0.08 in 2017[16] - The total assets at the end of 2018 were ¥3,108,565,671.94, reflecting a 5.94% increase from ¥2,934,323,776.85 in 2017[16] - The net assets attributable to shareholders decreased by 1.44% to ¥1,785,954,949.38 from ¥1,812,122,883.20 in the previous year[16] - The company achieved a total operating revenue of 1,048.78 million yuan in 2018, representing a year-on-year growth of 65.14%[39] - The net profit attributable to the parent company was 35.92 million yuan, a decrease of 47.18% compared to the previous year[39] - The company reported a 22.80% decline in other business income, totaling ¥20,019,766.06[46] Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥54,380,762.98, compared to a negative cash flow of ¥199,905,927.77 in 2017[16] - The net cash flow from operating activities was ¥3.04 million in Q1, significantly increasing to ¥27.97 million in Q3, but turned negative at -¥1.73 million in Q4[20] - Operating cash inflow totaled ¥1,156,577,722.20, a 74.87% increase year-on-year, while operating cash outflow was ¥1,102,196,959.22, up 27.97%[62] - The company's cash and cash equivalents increased by 7.53% to ¥172,014,933.24[63] - The total amount of investment income was ¥14,425,396.01, reflecting a decrease of 463.90% compared to the previous year[66] - The total actual use of raised funds in 2018 amounted to ¥121.01 million, with a cumulative expenditure of ¥1.28 billion, including ¥1.10 billion directly invested in committed projects[79] Business Segments and Market Position - The company's POF shrink film products accounted for approximately 64% of total sales revenue, while thermoplastic elastomers contributed around 35%[28] - The company maintained its position as the largest domestic producer of POF shrink film, with sales exceeding 31,000 tons in 2018, ranking second globally[29] - The thermoplastic elastomer segment is in a rapid development phase, with the company achieving stable high-quality production of environmentally friendly SBS and trial sales of SEBS and SEPS products[31] - The market for POF shrink films is expanding, driven by the growth of the fast-moving consumer goods sector and innovations in packaging technology[29] - The revenue contribution from POF heat shrink film products decreased to 25.68% in 2018 from 33.96% in 2017[48] Risks and Challenges - The company faces risks including raw material price fluctuations, supplier concentration, and exchange rate volatility[5] - The company generates approximately 60% of its revenue from exports, making it vulnerable to exchange rate fluctuations, particularly with USD and EUR[99] - Over 80% of the company's raw materials are imported, primarily from major suppliers like Dow Chemical and BASF, exposing the company to supply concentration risks[99] - The company reported significant losses in its subsidiary due to high management and operational costs, impacting the consolidated financial results[91] Research and Development - The company has adopted a "sales-driven production" model, responding to specific customer requirements for non-standardized products[26] - The company emphasizes high-end and differentiated market strategies, leading to stable growth in high-value-added products like cross-linked films and printed films[40] - The company maintains a strong focus on R&D, combining independent innovation with collaborative development to enhance product structure and introduce new products[41] - The company is actively developing high-performance functional polypropylene film, with over ten related invention patents obtained[41] Shareholder and Governance - The company plans to distribute a cash dividend of ¥0.30 per 10 shares, based on a total share capital of 905,779,387 shares[5] - The company declared a cash dividend of CNY 27,173,381.61 for the fiscal year 2018, which represents 75.66% of the net profit attributable to ordinary shareholders[112] - The company has committed to avoiding non-operational fund occupation by controlling shareholders and related parties, ensuring compliance with commitments made during the IPO[115] - The company has maintained a consistent dividend payout ratio over the past three years, with ratios of 75.66%, 79.92%, and 87.60% for 2018, 2017, and 2016 respectively[112] Environmental and Social Responsibility - The company has implemented effective pollution control measures, ensuring that all emissions meet legal standards, with no exceedances reported[171] - The company has received environmental impact assessment approvals for all projects and has obtained pollution discharge permits[172] - The company has established a charity fund, donating nearly 1.3 million RMB to various social causes, including support for the elderly and education[167] Financial Management and Asset Management - The company has engaged in cash asset management, with a total of ¥216,824 million in entrusted financial management, sourced from self-owned funds and idle raised funds[146] - The company reported a total of ¥22,212 million in overdue amounts from entrusted financial management, with no overdue amounts yet to be recovered[146] - The company has shown a commitment to transparency in reporting the performance and yields of its financial products[161] Strategic Initiatives - The company plans to enhance market development and customer acquisition efforts, focusing on both domestic and international markets for heat shrink film products[94] - The company aims to strengthen new product development, particularly in thermoplastic elastomers and high-barrier heat shrink films, to diversify its product structure and expand profit sources[95] - The company is positioned to leverage these funds for potential market expansion and new product development initiatives[188]

Financial Performance - Operating revenue for the reporting period was CNY 294,586,009.20, an increase of 88.36% year-on-year [8]. - Net profit attributable to shareholders was CNY 12,368,018.59, a decrease of 49.26% compared to the same period last year [8]. - Basic earnings per share were CNY 0.01, a decrease of 66.67% year-on-year [8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 7,688,839.02, a decrease of 59.02% year-on-year [8]. - The company's operating revenue increased by 67.61% compared to the same period last year, primarily due to significant sales from its subsidiary, which began production and sales in the previous quarter [21]. - The company's operating costs rose by 111.61% year-on-year, largely driven by the same subsidiary's increased production and sales activities [21]. - The company's net profit attributable to shareholders is expected to decrease by 50.00% to 0.00% for the year, with a projected range of net profit between 34,001.7 and 68,003.3 thousand yuan [30]. Cash Flow and Assets - Total assets at the end of the reporting period were CNY 2,852,465,177.02, a decrease of 2.79% compared to the end of the previous year [8]. - The net cash flow from operating activities was CNY 27,972,889.70, a decrease of 115.68% year-on-year [8]. - Cash flow from operating activities decreased by 132.69% year-on-year, reflecting a significant cash outflow in the previous year due to land use rights acquisition [25]. - The company's accounts receivable increased by 28.27% compared to the beginning of the year, attributed to increased sales in the POF shrink film business [17]. - Other receivables increased by 574.29% compared to the beginning of the year, mainly due to increased guarantee payments [18]. - Short-term borrowings decreased by 30.57% compared to the beginning of the year, as the subsidiary repaid part of its short-term financing [20]. - The company's long-term payables increased by 105,259,518.08 yuan, primarily due to financing lease activities by the subsidiary [20]. - The company's minority shareholders' equity decreased by 21.01% year-on-year, mainly due to a reduction in capital by a minority shareholder and associated losses [20]. Investments and Returns - Investment income increased by 44.87% year-on-year, driven by an increase in bank wealth management products purchased [23]. - The company reported a total investment amount of 1,300 million with an annualized return rate of 4.05% for the period ending February 2018 [38]. - The company achieved a revenue of 1,200 million with an annualized return rate of 4.30% for the period ending October 2018 [38]. - The company reported a total investment amount of 3,000 million with an annualized return rate of 5.20% for the period ending March 2018 [38]. - The company is focusing on expanding its investment portfolio with a new product offering a return rate of 5.30% for the period ending June 2018 [38]. - The company has plans to enhance its market presence through strategic partnerships and product diversification [38]. - The company is committed to maintaining a stable return for its investors while exploring new growth opportunities in the market [38]. Floating Income - The company reported a total of 4,000 million in floating income from the bank contracts, with an interest rate of 5.20% [39]. - The company has a floating income of 2,000 million from Huaxia Bank with an interest rate of 4.70% [40]. - The company achieved a floating income of 3,800 million from Pudong Development Bank at an interest rate of 5.20% [40]. - The company has a floating income of 500 million from the Transportation Bank with an interest rate of 3.40% [40]. - The company secured a floating income of 2,000 million from the same bank with an interest rate of 5.20% [40]. - The company has a floating income of 4,000 million from the bank contracts, with an interest rate of 4.70% [40]. - The company reported a floating income of 1,500 million from the bank contracts, with an interest rate of 5.10% [39]. - The company has a floating income of 2,000 million from the bank contracts, with an interest rate of 5.10% [39]. - The company achieved a floating income of 4,000 million from the bank contracts, with an interest rate of 5.20% [39]. - The company reported a floating income of 500 million from the bank contracts, with an interest rate of 4.90% [39]. - The company reported a total of 5,050 million in floating income from the Shanghai Pudong Development Bank with an interest rate of 4.65% [41]. - The company secured 3,000 million in floating income from Industrial Bank with an interest rate of 4.70% [41]. - The company achieved 3,087 million in floating income from Industrial Bank with an interest rate of 3.59% [41]. - The company obtained 2,000 million in floating income from Industrial Bank with an interest rate of 5.45% [41]. - The company has a floating income of 2,600 million from Industrial Bank with an interest rate of 5.35% [41]. - The company secured 2,000 million in floating income from Ningbo Bank with an interest rate of 4.50% [42]. - The company achieved 725 million in floating income from Ningbo Bank with an interest rate of 4.40% [42]. - The company reported 1,000 million in floating income from China Merchants Bank with an interest rate of 4.50% [42]. - The company has 2,500 million in floating income from China Construction Bank with an interest rate of 3.20% [42]. - The company secured 2,000 million in floating income from China Construction Bank with an interest rate of 3.20% [42]. Strategic Initiatives and Future Outlook - The company is actively engaging in investor relations, with a site visit conducted on July 26, 2018, to enhance communication with institutional investors [45]. - The company has reported a significant increase in user data, with a notable rise in customer engagement metrics [44]. - Future outlook indicates a focus on expanding market presence and enhancing product offerings through new technology development [44]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product portfolio [44]. - The company has set performance guidance for the next quarter, aiming for a revenue growth of approximately 10% [44]. - The company is committed to improving operational efficiency and reducing costs through strategic initiatives [44]. - The company is investing in research and development to innovate new products that meet market demands [44].