天顺风能（苏州）股份有限公司 2018 年半年度报告全文 天顺风能（苏州）股份有限公司 2018 年半年度报告 2018-040 2018 年 08 月 1 天顺风能（苏州）股份有限公司 2018 年半年度报告全文 | 目录 | | --- | | 第一节 重要提示、目录和释义 2 | | --- | | 第二节 公司简介和主要财务指标 6 | | 第三节 公司业务概要 9 | | 第四节 经营情况讨论与分析 11 | | 第五节 重要事项 21 | | 第六节 股份变动及股东情况 29 | | 第七节 优先股相关情况 33 | | 第八节 董事、监事、高级管理人员情况 34 | | 第九节 公司债相关情况 35 | | 第十节 财务报告 40 | | 第十一节 备查文件目录 137 | 天顺风能（苏州）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。 公司负责人严俊旭、主管会计工作负责人刘凯及会计机构负责人(会计主管 人员)谢萍声明： ...

天顺风能（苏州）股份有限公司 2018 年第一季度报告全文 天顺风能（苏州）股份有限公司 2018 年第一季度报告 2018-014 2018 年 04 月 天顺风能（苏州）股份有限公司 2018 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。 公司负责人严俊旭、主管会计工作负责人刘凯及会计机构负责人(会计主管 人员)谢萍声明：保证季度报告中财务报表的真实、准确、完整。 2 天顺风能（苏州）股份有限公司 2018 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 1 □ 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） | 601,231,626.61 | 526,045,318.55 | 14.29% | | 归属于上市公司股东的净利润（元） | 81,926,9 ...

天顺风能（苏州）股份有限公司 2017 年年度报告全文 天顺风能（苏州）股份有限公司 2017 年年度报告 2018-009 2018 年 04 月 1 天顺风能（苏州）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。 公司负责人严俊旭、主管会计工作负责人刘凯及会计机构负责人(会计主管 人员)谢萍声明：保证年度报告中财务报告的真实、准确、完整。 天顺风能（苏州）股份有限公司 2017 年年度报告全文 所有董事均已出席了审议本报告的董事会会议。 公司年度报告中所涉及未来的战略目标、经营计划、经营目标等前瞻性陈 述，不代表公司的盈利预测，也不构成公司对投资者的实质承诺，请投资者及 相关人士均应对此保持足够风险认识，并且应当理解计划、预测与承诺之间的 差异，请投资者注意投资风险。 1,779,019,047 为基数，向全体股东每 10 股派发现金红利 0.33 元（含税）， 送红股 0 股（含税），不以公积金转增股本。 2 | 目录 | | -- ...

天顺风能（苏州）股份有限公司 2017 年第三季度报告全文 天顺风能（苏州）股份有限公司 2017 年第三季度报告 2017-062 2017 年 10 月 1 天顺风能（苏州）股份有限公司 2017 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。 公司负责人严俊旭、主管会计工作负责人刘凯及会计机构负责人(会计主管 人员)谢萍声明：保证季度报告中财务报表的真实、准确、完整。 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） | 9,645,137,964.14 | | 7,939,294,112.25 | 21.49% | | 归属于上市公司股东的净资产 | 4,740,190,131.26 | | 4,592,050,862.71 | 3.23% | | （元） ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 1,244,515,853.53, representing a 27.33% increase compared to CNY 977,426,202.06 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 240,854,165.71, up 13.00% from CNY 213,142,240.16 year-on-year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 192,182,174.78, reflecting a 9.11% increase from CNY 176,135,155.00 in the previous year[18]. - The company achieved total revenue of RMB 1,244.52 million, representing a year-on-year growth of 27.33%[34]. - Net profit attributable to shareholders was RMB 240.85 million, reflecting a growth of 13.00% compared to the previous year[34]. - Operating profit amounted to CNY 238,178,674.26, reflecting a growth of 15.1% from CNY 207,060,655.83 year-on-year[151]. - The total comprehensive income for the period was CNY 251,807,946.24, compared to CNY 210,816,474.37 in the same period last year, an increase of 19.5%[152]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -165,885,209.20, a significant decline of 167.13% compared to CNY 247,093,019.12 in the same period last year[18]. - Cash and cash equivalents decreased to ¥788.13 million, accounting for 9.07% of total assets, down from 14.06% in the previous year, a decrease of 4.99% due to significant fundraising used for project construction[44]. - The total assets at the end of the reporting period were CNY 8,689,941,495.43, an increase of 9.45% from CNY 7,939,294,112.25 at the end of the previous year[18]. - Current assets decreased to CNY 4,262,565,416.60 from CNY 4,372,348,821.49, primarily due to a reduction in cash and cash equivalents[142]. - Total liabilities rose to CNY 3,958,208,074.04 from CNY 3,275,811,634.57, indicating an increase of approximately 20.8%[143]. Investments and Acquisitions - The company expanded its wind power generation capacity with 300 MW operational and 330 MW under construction, along with 755 MW in signed development agreements[26]. - The acquisition of the Kunshan wind blade manufacturing plant contributed an additional RMB 111 million to revenue[27]. - The company plans to issue asset-backed securities of up to RMB 1 billion to support rapid growth in leasing business[26]. - The company has successfully acquired Kunshan Wind Speed Times New Energy Co., Ltd. through cash purchase, which will help expand its blade business[64]. Market and Operational Strategies - The company is focusing on expanding its offshore and large onshore wind tower production capacity to enhance global market share[31]. - The company is actively pursuing market expansion strategies, targeting new regions in Southeast Asia, with plans to enter three new markets by the end of 2017[78]. - The company plans to enhance its technological research and production efficiency to cope with the expected adjustments in on-grid electricity prices starting January 1, 2018[68]. - The company has committed to investing 100 million CNY in research and development for new technologies over the next two years[80]. Risks and Challenges - The company faces risks from international trade barriers, particularly high tariffs on wind tower products exported to the U.S., and plans to deepen strategic cooperation with key clients to explore non-U.S. markets[66]. - The company is addressing risks related to raw material price fluctuations, particularly steel, by locking in prices when securing orders[66]. - The company emphasizes the importance of risk awareness regarding forward-looking statements and operational plans[4]. Shareholder and Governance Information - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The total number of ordinary shareholders at the end of the reporting period is 41,604[111]. - Shanghai Tian Shen Investment Management Co., Ltd. holds 29.81% of shares, totaling 530,352,000 shares, with 200,850,000 shares pledged[111]. - The company has maintained a strong commitment to corporate governance, with no reported breaches of legal or ethical standards during the reporting period[82]. Financial Ratios and Performance Metrics - The weighted average return on net assets decreased to 5.11%, down 3.90% from 9.01% in the previous year[18]. - The company's current ratio decreased by 67.67% to 185.87% compared to the previous year, while the quick ratio dropped by 71.97% to 158.76%[130][131]. - The company's debt-to-asset ratio increased by 4.29% to 45.55% compared to the previous year[130]. Future Outlook - The company provided a positive outlook for the second half of 2017, projecting a revenue growth of 20% compared to the first half[76]. - The company anticipates a positive net profit for the first nine months of 2017, driven by increased orders in the domestic wind tower market[65].

天顺风能（苏州）股份有限公司 2017 年第一季度报告正文 证券代码：002531 证券简称：天顺风能 公告编号：2017-025 天顺风能（苏州）股份有限公司 2017 年第一季度报告正文 1 天顺风能（苏州）股份有限公司 2017 年第一季度报告正文 天顺风能（苏州）股份有限公司 2017 年第一季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 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。 公司负责人严俊旭、主管会计工作负责人刘明生及会计机构负责人(会计主 管人员)谢萍声明：保证季度报告中财务报表的真实、准确、完整。 2 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | 营业收入（元） | 526,045,318.55 | 381,617,971.92 ...

天顺风能（苏州）股份有限公司 2016 年年度报告全文 天顺风能（苏州）股份有限公司 2016 年年度报告 2017-020 2017 年 04 月 1 天顺风能（苏州）股份有限公司 2016 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、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。 公司负责人严俊旭、主管会计工作负责人刘明生及会计机构负责人(会计主 管人员)谢萍声明：保证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。 公司年度报告中所涉及未来的战略目标、经营计划、经营目标等前瞻性陈 述，不代表公司的盈利预测，也不构成公司对投资者的实质承诺，请投资者及 相关人士均应对此保持足够风险认识，并且应当理解计划、预测与承诺之间的 差异，请投资者注意投资风险。 公司经本次董事会审议通过的利润分配预案为：以 1,779,019,047 股为基数， 向全体股东每 10 股派发现金红利 1.20 元（含税），送红股 0 股（含税），不以公 积金转增股本。 2 | 目录 | | --- ...

Financial Performance - Net profit attributable to shareholders was ¥129,980,226.66, representing a year-on-year increase of 12.02%[8] - Operating revenue for the reporting period was ¥593,654,246.80, a slight decrease of 0.56% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥132,338,041.64, an increase of 18.15% year-on-year[8] - Basic earnings per share were ¥0.088, up 12.82% year-on-year[8] - The company expects net profit attributable to shareholders to increase by 30.00% to 60.00% for the year 2016, with an estimated range of 394.18 million to 485.15 million yuan[20] Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,336,785,212.14, an increase of 36.48% compared to the end of the previous year[8] - Accounts receivable decreased by 65.36% compared to the beginning of the period due to timely collection of sales proceeds settled by acceptance bills[16] - Inventory increased by 40.19% compared to the beginning of the period, primarily due to a large number of unfulfilled orders at the end of the period[16] - Short-term borrowings decreased by 46.73% compared to the beginning of the period, attributed to improved cash flow leading to reduced bank loans[16] - The company's available-for-sale financial assets increased by 33.70% compared to the beginning of the period, primarily due to new equity investments[16] - Intangible assets grew by 67.93% compared to the beginning of the period, mainly due to the acquisition of land and land use rights from Zhuhai Guangli[16] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,249[12] - The top shareholder, Shanghai Tian Shen Investment Management Co., Ltd., held 35.80% of the shares, totaling 530,352,000 shares[12] Government Support and Subsidies - The company received government subsidies amounting to ¥40,549,580.00 during the reporting period[9] Expenses and Costs - Sales expenses increased by 91.24% year-on-year, mainly due to increased transportation costs from changes in delivery methods for some overseas projects[16] - Management expenses grew by 34.93% year-on-year, driven by the expansion of the company's operational scale and business segments[16] Strategic Initiatives - The company has received approval for a non-public stock issuance, which will enhance its capital strength and optimize its asset structure, supporting its strategic goal of achieving 1,500 MW of installed capacity by 2020[17] - The company has seen significant growth in operating performance due to increased product orders and the implementation of a diversified strategy in the renewable energy sector[21] Cash Flow - The net cash flow from operating activities for the year-to-date reached ¥390,822,733.19, an increase of 64.74%[8] - The weighted average return on net assets was 5.21%, a decrease of 0.33% compared to the previous year[8]

Financial Performance - The company's operating revenue for the first half of 2016 was CNY 977,426,202.06, representing a 4.28% increase compared to CNY 937,307,765.57 in the same period last year[21]. - Net profit attributable to shareholders increased by 78.34% to CNY 213,142,240.16 from CNY 119,515,165.09 year-on-year[21]. - The net cash flow from operating activities surged by 922.67% to CNY 247,093,019.12, compared to CNY 24,161,557.67 in the previous year[21]. - Basic earnings per share rose by 75.00% to CNY 0.14, up from CNY 0.08 in the same period last year[21]. - Total assets at the end of the reporting period reached CNY 5,191,361,426.45, an increase of 11.81% from CNY 4,643,182,349.09 at the end of the previous year[21]. - Net assets attributable to shareholders increased by 7.55% to CNY 2,429,477,148.28 from CNY 2,259,030,225.38 at the end of the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 176,135,155.00, a 62.23% increase from CNY 108,574,079.46 year-on-year[21]. - The company reported a total comprehensive income of CNY 210,816,474.37 for the first half of 2016, compared to CNY 128,209,492.76 in the previous year, an increase of approximately 64.4%[146]. - The company reported a significant increase in cash flow from operating activities, amounting to CNY 247.09 million, a 922.67% rise compared to the previous year[34]. Dividends and Share Capital - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[5]. - The company distributed a cash dividend of 0.5 yuan per share, totaling 41.15 million, and increased its share capital by 65,840 million shares through capital reserve conversion, raising total share capital to 148,140 million shares[57]. - The company implemented a profit distribution plan for 2015, resulting in a capital reserve conversion of shares, increasing the total share capital to 1.4814 billion shares[115]. Investments and Acquisitions - The company has initiated a non-public stock issuance, approved by the China Securities Regulatory Commission, to raise funds for future projects[31]. - The company completed the acquisition of 57.679% equity in Zhuhai Guangli, with total assets of 27,799.40 million and net assets of 6,844.92 million as of the reporting period[68]. - The company is strategically expanding its market presence through mergers and acquisitions, including the acquisition of Zhuhai Guangli to enhance its footprint in the southern wind power equipment market[30]. - The company has established a new subsidiary, Suzhou TianShun Wind Blade Technology Co., Ltd., as a wholly-owned subsidiary[173]. Financial Management and Strategy - The company has a strong emphasis on technology consulting and services related to energy-saving and environmental protection[53]. - The company is actively involved in market expansion and technological development in the renewable energy sector[53]. - The company has no derivative investments or entrusted loans during the reporting period[48][49]. - The company has no significant transactions during the reporting period[85]. - The company has no significant sales returns during the reporting period[72]. - The company has no overdue principal or income during the reporting period[52]. - The company has no preferred shares outstanding as of the reporting date[126]. Cash Flow and Liquidity - Cash inflows from operating activities amounted to CNY 1,221,976,110.60, significantly higher than CNY 794,217,054.50 in the same period of 2015[152]. - The total cash and cash equivalents at the end of the period reached CNY 795,506,960.19, up from CNY 435,021,751.44, indicating a solid liquidity position[154]. - The company reported a cash outflow from financing activities of CNY 193,443,063.95, a decrease from a net inflow of CNY 1,097,965,594.32 in the previous period, suggesting a shift in financing strategy[154]. - The net increase in cash and cash equivalents for the period was CNY 158,061,505.15, compared to CNY 70,929,244.48 in the prior period, reflecting overall positive cash management[154]. Assets and Liabilities - The company's total liabilities increased to CNY 2,682,704,617.06 from CNY 2,333,962,845.42, reflecting a growth of about 15%[137]. - The total amount of guarantees provided by the company accounted for 72.69% of its net assets[82]. - The company has a total of 51,209.68 million yuan in pledged assets as of June 30, 2016[103]. - The company has secured new bank loans totaling 90 million yuan at an interest rate of 4.35% during the reporting period[106]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 51,141, with significant shareholders including Shanghai Tianshen Investment holding 35.80% and REAL FUN HOLDINGS holding 25.20%[120]. - The total number of shares held by the chairman increased to 10,684,746 shares, up from 5,935,970 shares at the beginning of the period[128]. Regulatory Compliance and Governance - The company’s semi-annual financial report has not been audited[88]. - There are no penalties or rectification situations during the reporting period[89]. - The company has made commitments regarding share transfers by directors and senior management, which have been fulfilled[87]. - The company has signed a tripartite supervision agreement with banks and trustees for the use of bond proceeds, ensuring compliance with the disclosed usage[95]. Research and Development - Research and development expenses increased by 31.25% to CNY 51.22 million, focusing on large-scale and offshore wind tower innovations[34].

Financial Performance - Revenue for Q1 2016 was CNY 381,617,971.92, an increase of 17.54% compared to CNY 324,661,202.43 in the same period last year[8] - Net profit attributable to shareholders was CNY 69,651,502.21, representing an 80.16% increase from CNY 38,661,843.80 year-on-year[8] - Net profit excluding non-recurring items reached CNY 64,649,082.61, up 103.60% from CNY 31,752,876.46 in the previous year[8] - Basic earnings per share increased by 60.00% to CNY 0.08 from CNY 0.05 in the same period last year[8] - The company expects a net profit attributable to shareholders for the first half of 2016 to range from 179.27 million to 215.13 million RMB, representing a growth of 50.00% to 80.00% compared to the same period in 2015[23] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 4,332,009,668.32, a decrease of 6.70% from CNY 4,643,182,349.09 at the end of the previous year[8] - Net assets attributable to shareholders increased by 3.05% to CNY 2,327,960,444.79 from CNY 2,259,030,225.38 at the end of the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 45,627[12] - The largest shareholder, Shanghai Tianshen Investment Management Co., Ltd., held 35.80% of shares, totaling 294,640,000 shares[12] Cash Flow and Expenses - The company reported a net cash flow from operating activities of CNY 19,284,543.66, down 58.83% from CNY 46,841,618.79 in the previous year[8] - The net cash flow from operating activities decreased by 58.83% year-on-year, attributed to increased purchases of goods[16] - The net cash flow from investing activities decreased by 68.94% year-on-year, due to increased principal disbursements in factoring business and asset acquisition payments[16] - The company's cash and cash equivalents decreased by 37.40% compared to the beginning of the period due to significant payments for newly constructed wind farm projects[16] - Sales expenses increased significantly due to the full coverage of transportation costs for certain overseas projects[16] - Income tax expenses increased by 55.91% year-on-year, reflecting a substantial increase in performance compared to the previous year[16] Non-Recurring Items and Acquisitions - Non-recurring gains and losses totaled CNY 5,002,419.60 for the reporting period[9] - Other receivables increased significantly, mainly due to payments for equity acquisition that are still being processed[16] - The company has completed the acquisition of a 57.679% stake in Zhuhai Nanfang Guangli Wind Power Equipment Co., Ltd[20] - The company is in the process of a non-public offering of A-shares, with related matters ongoing as of the end of the reporting period[17]