Financial Performance - The company's operating revenue for 2019 was CNY 2,605,923,048.90, representing an increase of 18.59% compared to CNY 2,197,458,673.79 in 2018[26]. - The net profit attributable to shareholders for 2019 was CNY 304,730,042.44, a decrease of 31.75% from CNY 446,473,039.19 in 2018[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 161,420,353.77, down 54.10% from CNY 351,690,762.71 in 2018[26]. - The net cash flow from operating activities for 2019 was CNY 412,842,932.17, a decline of 28.46% compared to CNY 577,086,132.86 in 2018[26]. - The total assets at the end of 2019 were CNY 11,808,806,332.11, an increase of 3.92% from CNY 11,363,749,429.74 at the end of 2018[29]. - The net assets attributable to shareholders at the end of 2019 were CNY 7,703,745,338.75, up 3.20% from CNY 7,464,720,084.44 at the end of 2018[29]. - The basic earnings per share for 2019 were CNY 0.2420, a decrease of 30.02% from CNY 0.3458 in 2018[26]. - The weighted average return on equity for 2019 was 4.03%, down from 6.17% in 2018[26]. - The company's total revenue for the reporting period was CNY 2,605.92 million, an increase of 18.59% compared to the previous year[66]. - The operating profit decreased by 35.45% to CNY 379.19 million, while the net profit attributable to shareholders fell by 31.75% to CNY 304.73 million[66]. Dividend Distribution - The company reported a profit distribution plan to distribute a cash dividend of 0.8 RMB per 10 shares to all shareholders, based on a total of 1,244,062,083 shares[6]. - The cash dividend for 2018 was RMB 1.20 per 10 shares, amounting to RMB 151,467,615.00, representing 33.93% of the net profit attributable to ordinary shareholders[171]. - The cash dividend for 2017 was RMB 0.50 per 10 shares, totaling RMB 64,557,709.35, which was 25.69% of the net profit attributable to ordinary shareholders[171]. - The company's cash dividend policy has been executed in accordance with its articles of association and shareholder resolutions, ensuring the protection of minority shareholders' rights[168]. - The cash dividend distribution plan for 2019 is subject to approval at the shareholders' meeting[172]. - The company's total distributable profit for 2019 is RMB 902,447,539.96[172]. - The cash dividend represents 100% of the total profit distribution for the year[172]. - The company has maintained a consistent cash dividend policy over the past three years, with clear standards and procedures[168]. Business Expansion and Operations - The company has expanded its main business to include both steel structure manufacturing and potassium fertilizer production since 2016, following the acquisition of Sichuan Huiyuanda[24]. - The company expanded its market presence by entering the photovoltaic energy steel structure and industrial storage steel structure markets[43]. - The company maintained its leading position in the steel structure market, particularly in power plant steel structures and communication towers[42]. - The company is actively expanding its potassium fertilizer business, with ongoing construction of the second phase of the potassium chloride expansion project to enhance profitability[54]. - The company has established a strong technical team with nearly 100 patents, maintaining a leading position in product technology and quality in the steel structure industry[56]. - The company aims to leverage its strategic positioning in the steel structure industry to expand into renewable energy projects, enhancing market share and growth potential[50]. - The company has successfully exported approximately 480,000 tons of potassium chloride to mainland China, becoming a pioneer in responding to the national potassium fertilizer strategy[50]. - The company’s potassium fertilizer products are primarily sold to Southeast Asian countries, including China, India, Vietnam, Thailand, Malaysia, and Singapore[54]. Risks and Challenges - The company faces risks including market demand decline due to macroeconomic conditions, raw material price fluctuations, and increased operational costs due to intensified industry competition[6]. - The company acknowledges potential risks from foreign exchange rate fluctuations that could impact its financial performance[6]. - The company faces risks from fluctuating steel and potassium prices, which could impact production costs and profitability, necessitating improved material utilization and supply chain management[159]. - Labor cost increases due to a shortage of skilled workers may affect operational efficiency and product quality, especially with the expansion of production capacity[159]. - Currency exchange rate fluctuations pose a risk to the company's export sales, as foreign currency settlements can impact pricing and economic performance[160]. Research and Development - The company invested CNY 56 million in R&D, accounting for 2.15% of total revenue, and introduced advanced cutting and welding technologies[68]. - The company’s R&D expenses rose by 27.48% to approximately ¥56.01 million compared to the previous year[91]. - The number of R&D personnel increased to 305 in 2019, up 0.66% from 303 in 2018, with R&D personnel accounting for 15.95% of total employees[93]. - The company completed the R&D of new products including steel structures and iron tower series during the reporting period[92]. - The company will continue to invest in research and development, aiming to improve its innovation capabilities and product quality management to support its strategic goals[155]. Market Trends and Opportunities - The company is positioned to benefit from the significant investment in ultra-high voltage (UHV) projects, with a projected investment scale of 1,811 billion CNY for UHV construction, which is expected to drive demand for transmission line towers[120]. - The global electricity demand is forecasted to grow at an average annual rate of 2.4% until 2035, which will increase the demand for power transmission equipment, including transmission line towers[123]. - The offshore wind power sector is projected to grow at a compound annual growth rate of approximately 26.02% from 2019 to 2023, with installed capacity expected to exceed 10.67 million kilowatts by 2023[134]. - The market for seismic isolation technology is expected to expand over 10 times due to the implementation of national policies and standards, with a significant increase in construction projects utilizing this technology[148]. - The potassium fertilizer market in East Asia and surrounding regions shows a significant supply-demand gap, with China being a major consumer[138]. Corporate Governance and Compliance - The company committed to reducing and regulating related party transactions, ensuring fair pricing based on independent third-party transactions[184]. - The company will not engage in any business that competes with its main operations to avoid conflicts of interest[182]. - The company will ensure that any related party transactions are conducted at fair market prices to protect the interests of all shareholders[184]. - The company has emphasized the importance of adhering to legal regulations and internal control systems in all transactions[188]. - The company has committed to maintaining transparency and accountability in its financial dealings with related parties[194].

Financial Performance - Operating revenue for the period was CNY 313,273,709.92, a decrease of 31.42% year-on-year, while year-to-date revenue increased by 15.96% to CNY 1,736,022,305.54[9] - Net profit attributable to shareholders decreased by 49.07% to CNY 28,888,061.76 for the quarter, but increased by 17.93% to CNY 257,015,177.62 year-to-date[9] - Basic earnings per share for the quarter were CNY 0.0229, down 49.11% year-on-year, while year-to-date earnings per share increased by 17.89% to CNY 0.2036[9] - The company's total operating revenue for the current period was ¥185,160,674.02, a decrease of 18.4% compared to ¥226,920,315.76 in the previous period[107] - The net profit for the current period was ¥1,841,942.71, a significant decrease from ¥11,482,343.58 in the previous period, indicating a decline of 83.9%[110] - The company's net profit for the current period reached ¥255,383,741.88, an increase of 17.5% compared to ¥217,301,798.93 in the previous period[120] Cash Flow - Net cash flow from operating activities was negative at CNY -146,188,265.11, a decrease of 210.96% compared to the same period last year[9] - The net cash flow from operating activities decreased to CNY 129,591,808.22 from CNY 400,754,963.29, reflecting a decline of approximately 67.7%[131] - Cash inflow from investment activities was CNY 2,427,950,774.12, up from CNY 1,857,677,390.13, marking an increase of around 30.6%[134] - Cash outflow from investment activities rose to CNY 2,436,738,429.40 from CNY 2,163,831,223.94, which is an increase of about 12.6%[134] - The net increase in cash and cash equivalents was CNY 27,129,249.17, down from CNY 52,261,638.79, representing a decrease of approximately 48.2%[134] Assets and Liabilities - Total assets increased by 2.68% to CNY 11,668,258,739.21 compared to the end of the previous year[9] - Total liabilities amounted to ¥3,999,552,388.65, up from ¥3,879,753,741.36, marking an increase of about 3.1%[82] - The company's cash and cash equivalents stood at ¥443,847,885.85, compared to ¥386,353,586.29, showing an increase of approximately 14.9%[76] - Total current assets increased to ¥3,100,583,550.75 as of September 30, 2019, up from ¥2,884,033,952.78 on December 31, 2018, representing an increase of approximately 7.5%[79] - The total equity attributable to shareholders increased to ¥7,651,062,182.36 from ¥7,464,720,084.44, reflecting a growth of approximately 2.5%[85] Investments - The company's investment income from joint ventures increased by 32.97% to ¥7,318,153.97, reflecting improved performance from associated companies[23] - The cumulative investment income for the period was ¥149,405,500, with an ending amount of ¥768,643,400[59] - The company reported an investment income of CNY 12,923,323.66, an increase from CNY 7,039,146.56 in the previous period[99] - The company is focusing on developing new financial products to meet regulatory requirements and improve service offerings[71] Shareholder and Governance - The top shareholder, Han Huiru, holds 47.56% of the shares, totaling 600,271,904 shares[14] - The company has committed to avoiding competition with its own subsidiaries, ensuring no direct or indirect business operations that may compete with its core business[35] - The company is focused on maintaining transparency and fairness in all transactions to protect the interests of its shareholders[46] - The company has established fair pricing principles for any necessary related party transactions, ensuring compliance with legal and internal regulations[42] Research and Development - Research and development expenses decreased significantly to CNY 2,032,579.02 from CNY 10,103,906.56, a reduction of 79.9%[96] - Research and development expenses for the current period were ¥34,741,656.26, a decrease from ¥40,366,336.07, indicating a reduction of 14.5%[121] Compliance and Regulations - The company has emphasized the importance of compliance with legal frameworks in all its operational strategies[42] - The company has reiterated its commitment to strict adherence to all outlined promises and responsibilities[46] - The company reported a fair value change loss of ¥92,397,900 for the period, with a total investment amount of ¥492,141,000[59]

证券代码：002545 证券简称：东方铁塔 公告编号：2019-067 青岛东方铁塔股份有限公司 关于参加"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公告内容的真实、准确和完整，不存在虚假记载、误导性 陈述或者重大遗漏。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，青岛东方铁 塔股份有限公司（以下简称"公司"）将参加由中国证券监督管理委员会青岛监 管局、青岛市上市公司协会主办、上证所信息网络有限公司协办的"2019年青岛 辖区上市公司投资者网上集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将通过上证所信息网络有限公司提供的平台举行，投资 者可以登录"上证路演中心"网站（http://roadshow.sseinfo.com）或关注微信公众号： 上证路演中心，参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 20 日（星期五）下午 15:00 至 17:00。届时公司董事会秘书、财务总监、证券事务代 表将通过网络在线交流形式与投资者就公司治理、发展战略、经营状况、可持续 发展等投资者关注的问题进行沟通。 欢迎广大投资者积极参与本次活动。 特此公告。 ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2019, representing a year-on-year increase of 15% compared to the same period in 2018[19]. - The net profit attributable to shareholders was RMB 200 million, an increase of 10% year-on-year[19]. - Future performance guidance suggests a revenue target of RMB 2.5 billion for the full year 2019, reflecting a growth rate of 12%[19]. - The company's operating revenue for the reporting period was ¥1,422,748,595.62, representing a 36.77% increase compared to ¥1,040,267,999.19 in the same period last year[25]. - The net profit attributable to shareholders was ¥228,127,115.86, up 41.50% from ¥161,220,839.01 year-on-year[25]. - The net cash flow from operating activities increased by 56.16% to ¥275,780,073.33 from ¥176,603,660.99 in the previous year[25]. - The basic earnings per share rose to ¥0.1807, reflecting a 41.50% increase compared to ¥0.1277 in the same period last year[25]. - The company achieved operating revenue of RMB 1,422,748,595.62, a year-on-year increase of 36.77%[56]. - The net profit attributable to shareholders reached RMB 22,812.71 million, up 41.50% compared to the previous year[56]. - The company's cash flow from operating activities increased by 56.16% to RMB 275,780,073.33, driven by an increase in advance payments received[56]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share by the end of 2020[7]. - The company is exploring potential mergers and acquisitions to enhance its product offerings and market reach[7]. - The company has established a new subsidiary focused on renewable energy solutions, aiming to capture a share of the growing green technology market[7]. - The company has expanded its market presence into photovoltaic energy steel structures and industrial storage steel structures[38]. - The company positions its products in the steel structure manufacturing industry to support key national and local construction projects, benefiting from increased investment in power construction and a historical peak in investment intensity for ultra-high voltage projects[45]. - The Laos Kaiyuan potash fertilizer project has received strong support from both the Chinese and Laotian governments, with product sales expanding to Southeast Asia, South Korea, and China, addressing domestic potash fertilizer demand gaps as capacity is gradually released[45]. Research and Development - Research and development expenses increased by 25% to RMB 150 million, focusing on new product innovations and technology advancements[7]. - The company holds nearly 100 patents and has developed leading technology in both steel structure and potash fertilizer production, significantly reducing raw material and energy consumption while maintaining competitive product quality[46]. - The company’s research and development investment rose by 8.08% to RMB 32,709,077.24, reflecting a commitment to innovation[56]. Risks and Challenges - The company is facing risks from fluctuating raw material prices and increased competition, which may impact operational costs[7]. - The company anticipates risks from fluctuating steel and potassium fertilizer prices, necessitating improved material utilization and cost control measures[84]. - Labor costs are expected to rise due to a shortage of skilled workers, prompting the company to enhance talent acquisition and training programs[85]. - The company is exposed to foreign exchange risks due to export sales, and plans to implement a robust foreign currency settlement mechanism to mitigate these risks[86]. Shareholder and Governance Matters - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[7]. - The company has committed to a 36-month lock-up period for newly acquired shares post-transaction completion, with an automatic extension if the stock price falls below the issuance price for 20 consecutive trading days within the first 6 months[96]. - The company has pledged to minimize related party transactions and will not seek preferential treatment in business cooperation due to its shareholder status[120]. - The company will ensure that any necessary related party transactions are conducted at fair market prices, adhering to legal procedures and internal control regulations[123]. - The company has reported strict adherence to its commitments regarding share lock-up and related party transactions during the reporting period[96]. - The company has emphasized the importance of transparency and fairness in all related party transactions to protect the interests of all shareholders[120]. - The company has committed to ensuring that any related party transactions are disclosed in accordance with relevant laws and regulations[123]. Operational Highlights - The company has established a strong customer base primarily consisting of state-owned enterprises with monopolistic positions, enhancing market integration and expansion capabilities[45]. - The dual-driven model of steel structure manufacturing and potash fertilizer production enhances the company's sustainable profitability, with steel structure products covering various sectors including power, new energy, and municipal construction[45]. - The potassium fertilizer business reported growth in sales revenue compared to the same period last year, supported by the ongoing construction of the second-phase expansion project[39]. - The potassium chloride market is expected to see price increases, with a 60 USD/ton rise in 2018 compared to 2017, suggesting a positive outlook for future sales[55]. Compliance and Legal Matters - The half-year financial report was not audited, indicating a lack of external validation for the reported figures[142]. - The company has not experienced any major litigation or arbitration matters during the reporting period[144]. - There were no penalties or rectification situations reported during the period[145]. - The company has maintained compliance with all internal control procedures regarding related party transactions[128]. - The company has no violations regarding external guarantees during the reporting period[161]. Shareholder Structure - The total number of shares is 1,262,230,125, with 38.91% being limited shares and 61.09% being unrestricted shares[175]. - The company plans to repurchase and cancel 18,168,042 shares, which is 1.4394% of the total shares before repurchase[178]. - The total number of common shareholders at the end of the reporting period was 25,615[179]. - The largest shareholder, Han Huiru, holds 47.56% of the shares, totaling 600,271,904 shares[179]. - The second-largest shareholder, Xinyu Shuncheng Investment Partnership, holds 12.55% of the shares, totaling 158,388,752 shares[179]. - The company has 0 shares under pledge or freeze status for the major shareholders[179]. - The top 10 shareholders did not engage in any repurchase transactions during the reporting period[185]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[188]. - The company has no preferred shares outstanding during the reporting period[192]. - There were no changes in the shareholding of directors, supervisors, and senior management during the reporting period[196]. - The company appointed new independent directors and supervisors on May 28, 2019, due to the board's re-election[197].

Financial Performance - The company's operating revenue for Q1 2019 was ¥392,850,395.28, representing a 4.51% increase compared to ¥375,882,015.14 in the same period last year[9]. - Net profit attributable to shareholders was ¥22,584,426.78, a decrease of 15.26% from ¥26,651,270.62 year-on-year[9]. - The total profit decreased by 33.81% to ¥25,969,840.88, primarily due to the impact of a subsidiary's performance[20]. - Net profit for the current period was ¥21,550,492.64, a decrease of 17.5% from ¥26,184,448.81 in the previous period[59]. - The net profit for the current period was ¥18,037,425.28, compared to ¥19,602,680.47 in the previous period, showing a decrease of 8%[67]. Cash Flow - The net cash flow from operating activities improved significantly to ¥15,433,981.32, compared to a negative cash flow of ¥76,119,980.14 in the previous year, marking a 120.28% increase[9]. - The net cash flow from financing activities increased by 170.04% to ¥191,337,643.03, mainly due to increased loans obtained during the reporting period[23]. - Cash inflow from investment activities totaled ¥1,289,803,909.71, significantly higher than ¥787,874,276.28 in the previous period, indicating strong investment returns[73]. - The net cash flow from investment activities was CNY 6,339,201.91, a decrease of 93.5% from CNY 98,160,585.97 in the previous period[79]. - The net increase in cash and cash equivalents was CNY 104,041,747.50, compared to CNY 36,559,968.26, representing a growth of 185.5%[82]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥11,940,996,220.37, up 5.08% from ¥11,363,749,429.74 at the end of the previous year[9]. - Total liabilities amounted to ¥4,225,550,724.24, compared to ¥3,879,753,741.36, which is an increase of approximately 8.9%[42]. - Total current assets increased to ¥3,210,679,470.11 as of March 31, 2019, up from ¥2,884,033,952.78 as of December 31, 2018, representing a growth of approximately 11.3%[39]. - Total assets reached ¥8,340,710,028.69, up from ¥7,957,588,123.24, indicating a growth of 4.8%[55]. - Current liabilities totaled CNY 2,056,673,857.80, including short-term borrowings of CNY 600,000,000.00[86]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,764[12]. - The largest shareholder, Han Huiru, holds 47.56% of the shares, amounting to 600,271,904 shares, with a portion of shares frozen[13]. - The company's equity attributable to shareholders increased to ¥7,697,203,826.33 from ¥7,464,720,084.44, showing a growth of about 3.1%[45]. Research and Development - Research and development expenses surged by 211.84% to ¥8,266,885.74, reflecting increased investment in R&D activities[20]. - Research and development expenses increased significantly to ¥8,266,885.74, compared to ¥2,651,027.32, marking a growth of 211.5%[56]. - Research and development expenses increased to ¥8,266,885.74, a significant rise from ¥3,801,432.51, reflecting the company's commitment to innovation[63]. Other Financial Metrics - Basic earnings per share decreased by 15.17% to ¥0.0179 from ¥0.0211 in the same period last year[9]. - The weighted average return on net assets was 0.30%, down from 0.38% year-on-year[9]. - Other comprehensive income increased by 112.21% to ¥395,301,943.77, influenced by foreign currency translation adjustments and stock price changes of Qingdao Bank[20]. - The company reported no non-recurring gains or losses during the reporting period[9]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[68].

Financial Performance - The company reported a total revenue of RMB 1,262,230,125 for the year 2018, marking a significant increase compared to the previous year[6]. - The company's operating revenue for 2018 was CNY 2,197,458,673.79, representing a 7.34% increase from CNY 2,047,200,582.44 in 2017[26]. - The net profit attributable to shareholders for 2018 was CNY 446,473,039.19, a significant increase of 77.69% compared to CNY 251,261,519.20 in 2017[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses reached CNY 351,690,762.71, marking a remarkable increase of 1,436.84% from CNY 22,884,061.44 in 2017[26]. - The basic earnings per share for 2018 was CNY 0.3458, an increase of 81.14% from CNY 0.1909 in 2017[26]. - The weighted average return on equity for 2018 was 6.17%, up from 3.61% in 2017[26]. - The company's net profit attributable to ordinary shareholders was positive, amounting to CNY 151,467,615.00 for 2018, representing a significant increase from CNY 64,557,709.35 in 2017, which is a growth of 134%[121]. - The company's revenue for 2018 was CNY 446,473,039.19, reflecting a growth rate of 33.93% compared to CNY 251,261,519.20 in 2017[121]. Dividend Distribution - The profit distribution plan approved by the board includes a cash dividend of RMB 1.20 per 10 shares, totaling approximately RMB 151,467,000[6]. - The cash dividend distribution plan includes a cash dividend of CNY 1.20 per 10 shares, totaling CNY 151,467,615.00, which accounts for 100% of the distributable profit of CNY 812,095,283.70[122]. - The total number of shares for the cash dividend distribution is based on 1,262,230,125 shares[122]. - The company did not propose any stock dividends or capital reserve transfers during the reporting period[122]. - The cash dividend amount distributed is entirely from the company's distributable profits, with no other forms of cash distribution such as share buybacks[122]. - The company has maintained a consistent cash dividend policy, ensuring that shareholder interests are protected and decision-making processes are transparent[117]. Business Operations and Strategy - The company is focusing on expanding its market presence and developing new products to enhance competitiveness in the industry[6]. - The company has established several wholly-owned subsidiaries to diversify its operations and enhance its market reach[15]. - The company has expanded its business scope to include both steel structure manufacturing and potassium fertilizer industries since 2016[24]. - The company aims to expand its market share in strategic industries such as electricity, broadcasting, petrochemicals, and new energy, leveraging its competitive advantages in both steel structure and potassium fertilizer sectors[48]. - The company is actively exploring new markets, including photovoltaic energy steel structures and industrial storage steel structures, to enhance its core competitiveness[42]. - The company is actively developing new products in response to regional demand differences in the potassium fertilizer market, enhancing its product structure and risk resistance[51]. - The company aims to enhance its potassium fertilizer business, focusing on improving domestic market strategies and expanding into niche markets[103]. - The company plans to maintain its leading position in the electric power and broadcasting markets by improving service quality and developing new products[104]. Risks and Challenges - The company faces risks including market demand decline due to macroeconomic conditions and increased operational costs from intensified industry competition[6]. - The company has outlined potential risks related to foreign exchange rate fluctuations that could impact its financial performance[6]. - The company faces risks from fluctuating steel and potassium prices, which may impact production costs and require improved material utilization[108]. - The company is also exposed to foreign exchange risks due to its export sales, which are subject to currency fluctuations affecting pricing and economic performance[109]. - The company recognizes the increasing demand for technical talent amid a shrinking labor force, which may lead to higher labor costs and operational efficiency risks[108]. - The company emphasizes the importance of quality management and employee awareness to mitigate quality risks and support strategic goals[108]. Research and Development - The company has established a strong technical team and holds nearly 100 patents, maintaining a leading position in product technology and quality in the steel structure industry[51]. - The company has a comprehensive quality control system certified by ISO9000, ensuring high product quality through strict standards and advanced testing equipment[51]. - The company aims to enhance its R&D capabilities by recruiting talent and collaborating with research institutions to develop new projects and products[107]. - The company reported a total R&D expense of ¥46,344,363.26 for the period[183]. - The company’s R&D personnel count decreased by 2.88% to 303 in 2018, while the proportion of R&D personnel increased to 15.06%[78]. - The company completed the development of new products in the steel structure and tower series during the reporting period[77]. Financial Position - The total assets at the end of 2018 were CNY 11,363,749,429.74, reflecting a 3.53% increase from CNY 10,976,075,324.96 at the end of 2017[29]. - The net assets attributable to shareholders at the end of 2018 were CNY 7,464,720,084.44, which is a 6.24% increase from CNY 7,026,117,029.79 at the end of 2017[29]. - The company's fixed assets increased by 21.48% to ¥2,441,327,624.50 from ¥2,136,683,325.37 in 2017[86]. - The company's short-term borrowings rose to ¥600,000,000.00, an increase of 1.04% from ¥465,000,000.00 in 2017[86]. Market Performance - The potassium fertilizer business generated revenue of CNY 1,020.83 million, accounting for 46.46% of total revenue, with a year-on-year increase of 29.40%[62]. - The steel structure manufacturing segment reported revenue of CNY 983.36 million, which represented a decline of 10.52% compared to the previous year[62]. - The company’s domestic revenue was CNY 1,382.24 million, up 25.97% year-on-year, while international revenue decreased by 14.18% to CNY 815.22 million[62]. - The company's gross margin for the potassium fertilizer segment was 56.70%, an increase of 4.57% year-on-year, while the steel structure segment's gross margin was 13.44%, down by 1.67%[62]. Asset Management - The company disposed of 95% of its stake in Shanghai Jianyang Company on November 30, 2018, for a consideration of ¥167,381,192.00[69]. - The net asset share of Shanghai Jianyang at the time of disposal was ¥127,586,318.77, resulting in a difference of ¥39,794,873.23[185]. - The company's overseas assets, including Laos Kaiyuan, totaled 248,360.86 thousand yuan at the end of 2018, contributing a net profit of 14,337.03 thousand yuan, representing 29.22% of the company's net assets[47]. Compliance and Governance - The company is committed to strict adherence to performance compensation agreements related to shareholding and asset restructuring, ensuring compliance throughout the reporting period[123]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, ensuring stability in shareholding[168]. - The company has implemented a retrospective adjustment method for accounting policy changes, affecting the presentation of financial statements for the year 2017[179]. - The company's financial report for 2018 was audited by Zhongtianyun Accounting Firm, confirming the accuracy of the financial data presented[178]. - The company has not experienced any significant accounting errors requiring retrospective restatement during the reporting period[184]. - There were no major litigation or arbitration matters during the reporting period[192]. - The current accounting firm, Zhongtianyun Accounting Firm, has been engaged for 9 consecutive years, with an audit fee of ¥950,000[186].

青岛东方铁塔股份有限公司 2018 年第三季度报告正文 证券代码：002545 证券简称：东方铁塔 公告编号：2018-085 青岛东方铁塔股份有限公司 2018 年第三季度报告正文 1 青岛东方铁塔股份有限公司 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。 公司负责人韩方如、主管会计工作负责人赵玉伟及会计机构负责人(会计主 管人员)赵玉伟声明：保证季度报告中财务报表的真实、准确、完整。 2 青岛东方铁塔股份有限公司 2018 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 □ 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） | 11,335,821,994.10 | 10,976,075,324.96 | | 3.28% | | ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2018, representing a year-on-year increase of 15% compared to RMB 1.04 billion in the same period of 2017[13]. - The net profit attributable to shareholders for the first half of 2018 was RMB 200 million, up 20% from RMB 166.67 million in the first half of 2017[13]. - The company reported a gross margin of 25% for the first half of 2018, consistent with the previous year’s margin[13]. - The company's revenue for the reporting period reached ¥1,040,267,999.19, an increase of 23.25% compared to the same period last year[18]. - Net profit attributable to shareholders was ¥161,220,839.01, representing a significant increase of 118.37% year-on-year[18]. - The net cash flow from operating activities surged by 386.77% to ¥176,603,660.99 compared to the previous year[18]. - Operating profit reached CNY 212.88 million, up 119.38% year-on-year, while total profit increased by 120.43% to CNY 214.38 million[40]. - The company achieved a revenue of CNY 1,040.27 million in the first half of 2018, representing a year-on-year increase of 23.25%[40]. Market Expansion and Strategy - The company plans to expand its market presence by increasing its investment in research and development by 10% in 2019[4]. - The company aims to enhance its product offerings by launching two new types of steel towers by the end of 2018[4]. - The company is exploring potential mergers and acquisitions to strengthen its market position in the renewable energy sector[4]. - The company has actively expanded into new markets, including photovoltaic energy steel structures and industrial storage steel structures, to diversify its business model[27]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2019[85]. - A strategic acquisition of a local competitor is in progress, which is anticipated to increase the company's market share by 5%[81]. Financial Position and Assets - The company’s total assets as of June 30, 2018, were RMB 5 billion, a 12% increase from RMB 4.46 billion at the end of 2017[13]. - The company’s liabilities increased to RMB 2.5 billion, representing a 15% rise compared to RMB 2.17 billion at the end of 2017[13]. - The company maintained a total asset value of ¥11,065,882,499.92, reflecting a slight increase of 0.82% from the end of the previous year[18]. - The company has a potassium resource reserve of 21,763.10 million tons in the Longhu mining area, indicating a rich mineral resource base[35]. - The company’s potassium salt resource of 220 million tons in the Longhu mining area ranks first in Asia and among the top ten globally[42]. Operational Efficiency and Cost Management - The company faces risks related to fluctuations in raw material prices and increased competition, which may impact operational costs[4]. - The company plans to improve material utilization rates and strengthen supply chain management to mitigate cost fluctuations from raw material price volatility[71]. - The company has implemented cost-reduction strategies that are expected to lower operational costs by 15% in the next fiscal year[82]. - Labor costs are expected to rise due to a shortage of skilled workers, prompting the company to enhance talent acquisition and training programs[72]. Research and Development - The company has developed nearly 100 patents, showcasing its strong capability in new product and technology development[36]. - The R&D budget has been increased by 20% to support innovation and technology advancements[83]. Legal and Compliance - The company reported a significant loss due to legal issues related to its overseas operations, specifically concerning its subsidiary in Laos[92]. - There were no major lawsuits or arbitration matters during the reporting period, indicating a stable legal environment for the company[97]. - The company has not engaged in any significant related party transactions during the reporting period, ensuring transparency in its operations[100]. Shareholder and Equity Information - The company plans to repurchase and cancel 28,924,062 shares, which is 2.24% of the total share capital before the repurchase[123]. - The total number of shares before the repurchase was 1,291,154,187, which will be reduced to 1,262,230,125 after the cancellation[124]. - The largest shareholder, Han Hui Ru, holds 47.21% of the shares, totaling 609,565,290 shares, with 461,416,016 shares frozen[126]. - The second largest shareholder, Xinyu Shuncheng Investment Partnership, holds 13.28% of the shares, totaling 171,526,170 shares, all of which are frozen[126]. Environmental and Social Responsibility - The company has invested in environmental management and safety training to ensure sustainable development in response to national policies[41]. - Future guidance indicates a focus on sustainable practices, with a goal to reduce carbon emissions by 25% over the next three years[85]. Financial Reporting and Audit - The financial report for the first half of the year has not been audited, which may affect the reliability of the financial data presented[95]. - The company follows the accounting standards set by the Ministry of Finance, ensuring compliance and transparency in financial reporting[182].

Financial Performance - The company reported a profit distribution plan to distribute a cash dividend of 0.50 RMB per 10 shares, based on a total of 1,291,154,187 shares[4]. - The company's operating revenue for 2017 was ¥2,047,200,582.44, representing a 23.49% increase compared to ¥1,657,773,572.88 in 2016[19]. - The net profit attributable to shareholders for 2017 was ¥251,261,519.20, an increase of 84.08% from ¥136,494,972.52 in 2016[19]. - The net cash flow from operating activities decreased by 44.58% to ¥235,109,257.97 in 2017 from ¥424,205,204.80 in 2016[19]. - The total assets at the end of 2017 were ¥10,976,075,324.96, a 1.64% increase from ¥10,798,957,796.12 at the end of 2016[20]. - The net assets attributable to shareholders increased by 2.54% to ¥7,026,117,029.79 at the end of 2017 from ¥6,851,756,128.45 at the end of 2016[20]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, which was ¥22,884,061.44 in 2017, down 83.09% from ¥135,293,570.28 in 2016[19]. - The basic earnings per share for 2017 were ¥0.1909, reflecting a 21.67% increase from ¥0.1569 in 2016[19]. - The company reported a total revenue of 8,546.64 million yuan for the year, a significant increase from 6,672.6 million yuan in the previous year, representing a growth of 28%[83]. - The company achieved a net profit margin of 3.85% in 2017, reflecting a stable financial performance[160]. Business Strategy and Operations - The company has transitioned its main business from steel structure manufacturing to a dual main business model, incorporating both steel structures and potassium fertilizer industries since October 31, 2016[17]. - The company has subsidiaries involved in various sectors, including renewable energy and potassium fertilizer production, indicating a diversified business strategy[11]. - The company expanded its market presence in photovoltaic energy steel structures and industrial warehouse steel structures during the reporting period[30]. - The potassium fertilizer business achieved a sales volume of 48.59 million tons in 2017, with the capacity expansion project underway to increase production to 150 million tons annually[31]. - The company aims to maintain its leading position in the steel structure market, particularly in the power and broadcasting sectors, while actively expanding into the nuclear and wind power projects[34]. - The company is positioned to capitalize on the growing demand for potassium fertilizer in China, driven by the country's agricultural needs and the encouragement of overseas resource exploration[39]. - The company plans to focus on the development of nuclear power, wind power, and solar energy steel structure products, anticipating new growth opportunities in these sectors[89]. - The company is actively expanding its potassium chloride production capacity, with a phase two project targeting an annual output of 150,000 tons[42]. Risks and Challenges - The company acknowledges risks related to macroeconomic downturns, raw material price fluctuations, and intensified industry competition, which may lead to increased operating costs and uncertainties in new product development and market expansion[4]. - The company faces risks from fluctuating steel and potash prices, which could impact production costs and economic performance[96]. - Labor costs are expected to rise due to a shortage of skilled workers, which may affect the company's operational efficiency and product quality[96]. - Exchange rate fluctuations pose a risk to the company's export sales, as contracts may involve foreign currency settlements[96]. - The company is facing challenges due to a severe economic environment and trade tensions, which are expected to continue affecting operations in 2018[89]. Investment and Financial Management - The company has committed to invest ¥50,937.89 million in the Jiaozhou Bay Industrial Base Energy Steel Structure Project, with 96.48% of the investment completed by the end of the reporting period[77]. - The company has also committed to the expansion project for transmission and transformation angle steel towers, with 94.41% of the investment completed[77]. - The company reported a total investment of 138,121.7 million CNY in committed projects, with 122,050.6 million CNY already utilized[78]. - The company has allocated 29,700 million CNY to repay bank loans as part of its fundraising strategy[78]. - The company is focusing on expanding its investment in various financial instruments, including bonds and money market funds[150]. - The company plans to invest in various financial instruments, including structured products and trust plans, to enhance asset management capabilities[171]. - The company is committed to maintaining a high level of liquidity through investments in money market funds and bond funds[184]. Corporate Governance and Shareholder Rights - The company emphasizes the protection of shareholder rights through improved corporate governance and timely information disclosure, ensuring no selective disclosure of information[191]. - The cash dividend policy is in compliance with the company's articles of association and has been executed transparently, ensuring the protection of minority shareholders' rights[102]. - The company has established a commitment to reduce and regulate related party transactions post-transaction[112]. - The company will ensure compliance with legal and internal regulations regarding related party transactions[111]. - The company has outlined a plan to compensate for any losses incurred due to violations of its commitments[111]. Research and Development - The company has nearly 100 patents and maintains a leading position in product technology and quality, significantly reducing raw material and energy consumption[37]. - The company intends to strengthen its research and development capabilities by recruiting talent and enhancing collaboration with research institutions to drive innovation[95]. - The company is focusing on enhancing its product offerings through research and development initiatives aimed at improving service efficiency[177]. Social Responsibility - The company actively participates in public welfare activities, focusing on support for impoverished and vulnerable groups, fulfilling its corporate social responsibility[192]. - The company aims for a dual win in economic and environmental benefits by promoting low-carbon economic development and implementing energy-saving measures[192].

青岛东方铁塔股份有限公司 2018 年第一季度报告正文 1 青岛东方铁塔股份有限公司 2018 年第一季度报告正文 第一节 重要提示 青岛东方铁塔股份有限公司 2018 年第一季度报告正文 证券代码：002545 证券简称：东方铁塔 公告编号：2018-039 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。 公司负责人韩方如、主管会计工作负责人赵玉伟及会计机构负责人(会计主 管人员)赵玉伟声明：保证季度报告中财务报表的真实、准确、完整。 2 青岛东方铁塔股份有限公司 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） | 375,882,015.14 | 421,185,025.93 | -10.76% | | 归属于上市公司股东的净利润（元 ...