投资者接待活动备查登记表 填表时间：2014 年 9 月 5 日 填表人：郑春燕 | --- | --- | |------------|--------------------------------------------------------------------------| | 接待时间 | 2014 年9月5日 | | 接待地点 | 闽发铝业证券部 | | 公司参与人 | 董事会秘书：傅孙明 证券部：黄志军、郑春燕 | | 来访人员 | 浙商证券：王鹏、林建、廖凌 | | 活动内容 | 浙商证券王鹏、林建、廖凌对我公司进行了现场调研，访谈主要内容如下： | | | 一、产品结构情况 | | | 1 、公司的三大领域，建筑型材、工业型材和出口型材的营收占比如何 | | | 主要以建筑型材为主，建筑型材约占 50%-60% ，工业型材和出口约占 | | | 40%-50% 。 | | | 2 、公司产品目前出口的情况如何？公司在国际市场开拓方面进展如何 | | | 由于国外的反倾销政策，公司的出口产品受到一定的影响，近年来出口量没 | | | 有明显的增长。目前，公司的海外市场主要是东南亚、南美、 ...

福建省闽发铝业股份有限公司 填表时间： 2015 年 5 月 6 日 填表人：黄志军 投资者接待活动备查登记表 | --- | --- | --- | |------------|----------------------------------------------------------|------------------------------------------------------------------------| | 接待时间 | 2015 年5月5日 | | | 接待地点 | 公司9楼会议室 | | | 公司参与人 | 总经理：黄长远 董事会秘书：傅孙明 证券部：黄志军 | | | 来访人员 | | 国金证券：陈炳辉，华创证券：滕越，瑞银证券：林浩祥，长信基金：沈佳 | | 活动内容 | | 国金证券：陈炳辉，华创证券：滕越，瑞银证券：林浩祥，长信基金：沈佳等人 | | | 对我公司进行了现场调研，访谈主要内容如下： | | | | | 一、关于公司近期的生产经营情况以及各类型材的营收占比 | | | | 自上市后，公司始终保持一个稳定增长的态势，每年产销量都有所增长， | | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,188,007,347.85, representing a 53.14% increase compared to ¥775,781,729.57 in the same period last year[20]. - The net profit attributable to shareholders was ¥34,597,507.46, up 13.94% from ¥30,365,036.53 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was ¥31,740,214.82, reflecting a 30.64% increase from ¥24,295,853.09 in the previous year[20]. - The company's total assets increased by 11.57% to ¥2,223,134,582.44 from ¥1,992,657,329.91 at the end of the previous year[20]. - The basic earnings per share rose to ¥0.04, a 33.33% increase from ¥0.03 in the same period last year[20]. - The company's revenue for the first half of 2022 reached ¥1,188,007,347.85, representing a 53.14% increase compared to ¥775,781,729.57 in the same period last year, driven by rising sales prices and expanded sales volume[45]. - The cost of sales increased by 55.88% to ¥1,101,448,514.48 from ¥706,579,742.53, primarily due to rising prices of raw materials and energy[45]. - The gross profit margin for the aluminum alloy template industry improved to 31.86%, up by 9.55% year-on-year[49]. - The company reported a decrease in foreign revenue to ¥74,805,108.71, down 31.38% year-on-year, indicating challenges in international markets[48]. - The company reported a total investment amount of 5,132 million in derivative products, with a net investment of 4,754 million at the end of the reporting period[59]. Cash Flow and Financing - The company reported a net cash flow from operating activities of -¥181,653,293.10, a decline of 46.86% compared to -¥123,691,368.16 in the previous year[20]. - The net cash flow from financing activities surged by 1,421.35% to ¥386,978,243.15 from -¥29,286,539.04, mainly due to reclassification of notes payable to short-term borrowings[46]. - The net cash flow from investment activities was -112,822,595.02 CNY, a decrease from 82,425,947.28 CNY in the previous period[141]. - The total cash inflow from financing activities was 6,290,000.00 CNY, down from 32,000,000.00 CNY in the previous period[141]. - The net cash flow from financing activities was -31,238,711.11 CNY, compared to -29,286,539.04 CNY in the previous period[141]. - The company has entrusted 629 million yuan in financial products, with an occurrence amount of 182 million yuan and no overdue amounts[100]. Market Strategy and Operations - The company plans to focus on high-end industrial aluminum profiles while continuing to explore demand in the existing construction aluminum profile market[28]. - The company is actively investing in energy-saving and environmentally friendly high-performance aluminum alloy construction template projects[28]. - The company operates a production model based on sales orders, with a focus on quality control and supplier assessment to ensure raw material quality[30]. - The company’s sales network covers over 30 countries and regions, with a focus on major markets in East China, North China, and South China, while also expanding into Southeast Asia, South America, Eastern Europe, and the Middle East[31]. - The company aims to leverage its geographical advantages to expand into the Jiangxi market, targeting collaborations with major local enterprises in solar energy and automotive sectors[36]. - The company is actively expanding its production capacity and optimizing product structure to maintain and enhance its regional market leadership[36]. - The company has established a comprehensive marketing network, focusing on direct sales to large clients and utilizing distributors for other markets[31]. - The company is focused on expanding its market presence in regions such as the EU, South America, Southeast Asia, and Australia[39]. Research and Development - Research and development expenses rose by 32.60% to ¥33,447,226.54 from ¥25,223,994.46, reflecting the company's commitment to innovation[45]. - The company has a strong R&D team and has been recognized as a key player in the development of national and international aluminum standards[37]. - The company aims to enhance product quality and optimize product structure through technological innovation and advanced equipment introduction[66]. - The company intends to strengthen talent acquisition and training, collaborating with technical schools to build a skilled workforce[66]. Corporate Governance and Compliance - The company does not plan to distribute cash dividends or issue bonus shares for this period[5]. - The company has not reported any significant asset or equity sales during the reporting period[62][63]. - The company has no fundraising activities during the reporting period[61]. - The company has not faced any litigation issues during the reporting period[60]. - The company has not reported any major issues regarding entrusted financial management or potential impairments[100]. - The financial report for the first half of 2022 has not been audited[122]. - The company has not experienced any bankruptcy reorganization matters during the reporting period[85]. - The company has not reported any changes in the ownership equity attributable to shareholders during the current period[149]. Social Responsibility - The company donated a total of 2,025,924 RMB to support local education poverty alleviation, major disease relief, and public welfare projects during the reporting period[78]. - The company has constructed wastewater and exhaust gas treatment facilities at both of its plants, ensuring compliance with environmental standards[75]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 53,659[110]. - The largest shareholder, Jiangxi Urban Construction Investment Development Group Co., Ltd., holds 29.99% of the shares, totaling 296,329,179 shares[111]. - Huang Tianhu, the second-largest shareholder, holds 5.42% of the shares, totaling 53,566,804 shares[111]. - The company has a repurchase account holding 49,463,113 shares, accounting for 5.01% of the total shares, with no increase in the number of shares during the reporting period[112]. - The total number of shares before the change was 988,093,296, with a decrease of 24,744,000 shares, resulting in a total of 963,349,296 shares after the change[105]. Financial Position - Total liabilities increased to CNY 720,673,694.55 as of June 30, 2022, up from CNY 524,914,254.23, indicating a rise of 37.3%[126]. - Short-term borrowings surged to CNY 428,203,231.54, compared to CNY 221,857,461.39 at the beginning of the year, an increase of 93.1%[126]. - The company's equity attributable to shareholders increased to CNY 1,501,283,389.70, up from CNY 1,466,685,882.24, reflecting a growth of 2.3%[126]. - The company reported a significant increase in accounts receivable, which stood at CNY 451,037,734.88 as of June 30, 2022, compared to CNY 483,406,363.87 at the beginning of the year[124]. - The company’s total assets increased to CNY 2,174,339,931.34 from CNY 1,970,066,473.41, representing a growth of 10.4% year-on-year[132].

Financial Performance - The company's revenue for Q1 2022 was CNY 412,674,588.06, representing a 49.49% increase compared to CNY 276,063,083.86 in the same period last year[3] - Net profit attributable to shareholders was CNY 16,005,139.23, up 53.77% from CNY 10,408,609.88 year-on-year[3] - The net profit after deducting non-recurring gains and losses increased by 85.14%, reaching CNY 13,703,286.29 compared to CNY 7,401,463.55 in the previous year[3] - Basic earnings per share rose to CNY 0.0171, reflecting a 54.05% increase from CNY 0.0111 in the previous year[3] - Total operating revenue for Q1 2022 reached ¥412,674,588.06, a significant increase of 49.4% compared to ¥276,063,083.86 in the same period last year[18] - Net profit for Q1 2022 was ¥15,954,514.88, representing a 54.0% increase from ¥10,316,148.74 in Q1 2021[19] - Earnings per share (EPS) for Q1 2022 was ¥0.0171, compared to ¥0.0111 in the previous year, reflecting a 54.9% increase[20] - The company reported a total comprehensive income of ¥15,954,514.88 for Q1 2022, compared to ¥12,271,594.99 in Q1 2021, an increase of 30.0%[20] Cash Flow - The net cash flow from operating activities was CNY 54,177,632.63, a significant improvement of 289.78% from a negative CNY 28,546,852.27 in the same period last year[3] - Cash flow from operating activities generated ¥54,177,632.63, a turnaround from a negative cash flow of -¥28,546,852.27 in the same quarter last year[23] - The net cash flow from financing activities was 6,222,287.43, compared to a negative cash flow of -1,128,556.94 in the previous year[24] - The cash and cash equivalents at the end of the period decreased to 81,792,712.71 from 128,216,762.56, representing a decline of approximately 36.2%[24] - The net increase in cash and cash equivalents was -15,584,586.31, indicating a worsening cash position compared to -11,665,077.44 in the same period last year[24] - The company’s initial cash and cash equivalents balance was 97,377,299.02, down from 139,881,840.00 in the previous year[24] - The impact of exchange rate changes on cash and cash equivalents was 1,224,561.20, compared to -134,421.90 in the previous year[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,968,115,691.46, a slight decrease of 1.23% from CNY 1,992,657,329.91 at the end of the previous year[3] - Total current assets amount to 1,171,704,757.25 CNY, a slight decrease from 1,182,900,799.65 CNY at the beginning of the year[14] - Total assets are reported at 1,968,115,691.46 CNY, down from 1,992,657,329.91 CNY at the start of the year[15] - Total current liabilities are 472,717,568.19 CNY, reduced from 512,498,704.80 CNY[15] - The company’s total non-current assets are 796,410,934.21 CNY, down from 809,756,530.26 CNY[15] - The company experienced a 36.95% decrease in accounts receivable, totaling CNY 304,796,545.50, due to the recovery of some receivables from the previous year[7] - The company’s total liabilities decreased to ¥484,418,100.90 from ¥524,914,254.23, indicating a reduction of approximately 7.7%[19] - The company reported a total equity attributable to shareholders increased to ¥1,482,691,021.47, up from ¥1,466,685,882.24, marking a growth of 1.1%[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 45,221[10] - The largest shareholder, Shangrao City Construction Investment Development Group Co., Ltd., holds 29.99% of shares, totaling 296,329,179 shares[10] - The second-largest shareholder, Huang Tianhuo, owns 5.42% with 53,566,804 shares[10] Inventory and Expenses - Operating costs for the same period were ¥404,761,786.42, up 49.0% from ¥271,376,286.46 year-over-year[18] - Research and development expenses increased to ¥6,175,460.72, up 23.1% from ¥5,013,377.45 in the previous year[18] - Inventory increased to 389,435,802.68 CNY from 318,388,652.08 CNY, indicating a rise of approximately 22.3%[14] Return on Equity - The company's weighted average return on equity increased to 1.09%, up from 0.72% in the previous year[3] - The company reported a 213.27% increase in trading financial assets, amounting to CNY 141,267,292.15, primarily due to an increase in bank wealth management products[7]

Financial Performance - The company's operating revenue for 2021 was ¥2,243,581,817.42, representing a 40.82% increase compared to ¥1,593,188,731.45 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥58,234,992.38, a decrease of 7.28% from ¥62,805,852.06 in 2020[20] - The net cash flow from operating activities was negative at -¥202,197,568.48, a decline of 252.79% compared to ¥132,335,275.36 in 2020[20] - The total assets at the end of 2021 amounted to ¥1,992,657,329.91, reflecting a 9.82% increase from ¥1,814,493,992.99 at the end of 2020[20] - The net assets attributable to shareholders increased by 2.09% to ¥1,466,685,882.24 at the end of 2021, up from ¥1,436,608,871.96 at the end of 2020[20] - The basic earnings per share for 2021 was ¥0.06, down 14.29% from ¥0.07 in 2020[20] - The weighted average return on equity for 2021 was 4.01%, a decrease from 4.46% in 2020[20] - The company reported a total revenue of 1.2 billion RMB for the fiscal year, representing a year-over-year increase of 15%[115] - The company reported a total revenue of 410 million yuan for the year 2021[126] Cash Flow and Investments - The net cash flow from operating activities decreased by 252.79%, resulting in a net outflow of ¥202,197,568.48 in 2021[69] - Cash inflow from investment activities grew by 41.65% to ¥1,021,236,027.67 in 2021, compared to ¥720,964,692.78 in 2020[70] - Cash inflow from financing activities surged by 149.96% to ¥222,322,098.38 in 2021, compared to ¥88,944,500.00 in 2020[72] - The net increase in cash and cash equivalents decreased by 162.05%, resulting in a net decrease of ¥42,504,540.98 in 2021[74] - Investment income amounted to 2,093,497.99, contributing 3.24% to total profit, primarily from long-term equity investments and bank financial products[75] Market and Sales Performance - The revenue from the non-ferrous metal processing segment was ¥1,989,317,229.13, accounting for 88.67% of total revenue, with a growth of 35.02%[51] - The domestic sales accounted for 90.81% of total revenue, with a year-on-year increase of 43.64%[53] - The overseas revenue reached ¥206,246,483.24, marking a year-on-year growth of 17.96%[53] - The sales volume of aluminum templates increased significantly by 96.11% to 6,249,250.35 square meters, while sales decreased by 51.75% due to a focus on rental services[57][58] - The company is expanding its market presence, targeting regions such as Southeast Asia, South America, and Eastern Europe, in addition to domestic markets[33] Research and Development - The company has established a strong R&D team, holding 109 national patents, including 22 invention patents, and has participated in the revision of 47 international and national standards[41] - The company reported a 31.55% increase in R&D expenses, totaling ¥29,508,062, attributed to increased investment in new product development[64] - Research and development investment increased by 40.52% to ¥69,739,435.02 in 2021 from ¥49,628,491.71 in 2020, representing 3.11% of operating revenue[66] - The company aims to enhance its governance structure to create greater value for shareholders and society while pursuing continuous revenue and profit growth[88] Corporate Governance - The company has established independent financial, personnel, and operational systems, ensuring complete control over its assets and operations, independent from its controlling shareholders[103] - The company has a dedicated financial department with a complete financial accounting system, allowing for independent financial decision-making and tax compliance[104] - The company has implemented a three-year dividend return plan for 2021-2023, which was approved during the annual general meeting[105] - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to information[100] - The company has established specialized committees under the board of directors to enhance governance and oversight[100] Employee and Social Responsibility - The company implemented a salary increase and improved employee welfare, enhancing overall employee satisfaction[50] - The company emphasizes employee training and education, conducting various training programs to enhance safety awareness and professional skills[138] - The company donated a total of 4,515,000 yuan to local education, major disease relief, and poverty alleviation initiatives, fulfilling its social responsibility[153] - The company organized job fairs in impoverished areas, successfully transferring employment for over 300 individuals from regions such as Yunnan, Guizhou, and Gansu in 2021[153] Risks and Future Outlook - The management discussion highlights potential risks and the operational plan for 2022, emphasizing the need for investor awareness of market uncertainties[4] - The company recognizes risks related to macroeconomic fluctuations, intensified industry competition, and management changes due to shareholder control transfer[92][93] - The company aims for a production and sales growth of over 10% in 2022 compared to 2021, focusing on solar and automotive materials[86] - The company plans to enhance product quality and expand market share, particularly in the Jiangxi market[86] Compliance and Legal Matters - The company has not faced any regulatory penalties in the past three years, indicating a stable compliance record[123] - There were no significant related party transactions during the reporting period[165] - The company has not undergone any bankruptcy restructuring during the reporting period[164] - The company has not made any changes to accounting policies or estimates compared to the previous year's financial report[161]

[Major Financial Data](index=1&type=section&id=Item%20I.%20Major%20Financial%20Data) This section provides an overview of the company's financial performance and position, highlighting key accounting data, non-recurring items, and significant changes in financial indicators [Key Accounting Data and Financial Indicators](index=1&type=section&id=Item%20(I)%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1-Q3 2021, the company achieved robust revenue growth of 26.14%, yet net profit attributable to shareholders declined by 14.93% due to rising costs, with operating cash flow significantly deteriorating by 303.17%, indicating substantial working capital pressure Key Financial Indicators for Q1-Q3 2021 | Indicator | Year-to-Date End of Reporting Period | YoY Change from Prior Period | | :--- | :--- | :--- | | Operating Revenue (CNY) | 1,380,438,231.61 | 26.14% | | Net Profit Attributable to Shareholders of Listed Company (CNY) | 48,912,467.81 | -14.93% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-recurring Gains and Losses) (CNY) | 40,645,889.10 | -9.51% | | Net Cash Flow from Operating Activities (CNY) | -199,906,029.25 | -303.17% | | Basic Earnings Per Share (CNY/share) | 0.0521 | -10.79% | | Weighted Average Return on Net Assets | 3.35% | -0.73% | Key Balance Sheet Indicators as of September 30, 2021 | Indicator | End of Current Reporting Period | Change from End of Prior Year | | :--- | :--- | :--- | | Total Assets (CNY) | 1,767,132,153.70 | -2.61% | | Owner's Equity Attributable to Shareholders of Listed Company (CNY) | 1,458,297,953.92 | 1.51% | [Non-recurring Gains and Losses Items and Amounts](index=2&type=section&id=Item%20(II)%20Non-recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Non-recurring gains and losses totaled **8.27 million CNY** in Q1-Q3 2021, primarily from government subsidies (**4.68 million CNY**) and investment income from wealth management products (**3.94 million CNY**), contributing positively to net profit Non-recurring Gains and Losses Items for Q1-Q3 2021 | Item | Amount from Year-Start to End of Reporting Period (CNY) | Description | | :--- | :--- | :--- | | Government subsidies included in current profit and loss | 4,683,233.47 | Government subsidies | | Gains and losses from entrusted investments or asset management | 3,944,483.37 | Bank wealth management product income | | Other items total | -361,276.13 | - | | **Total** | **8,266,578.71** | -- | [Analysis of Changes and Reasons for Key Financial Indicators](index=2&type=section&id=Item%20(III)%20Analysis%20of%20Changes%20and%20Reasons%20for%20Key%20Financial%20Indicators) Significant changes in financial indicators during the reporting period are primarily linked to rising raw material prices and adjusted procurement strategies, impacting cash, prepayments, inventory, and leading to increased financial expenses and improved investment income - Balance sheet items significantly changed due to raw material procurement strategy: * **Prepayments**: Increased by **295.59%** year-on-year, mainly due to increased prepayments for aluminum alloy rod purchases[9](index=9&type=chunk) * **Monetary Funds**: Decreased by **46.53%** year-on-year, primarily due to increased prepayments for raw materials[10](index=10&type=chunk) * **Inventories**: Increased by **47.35%** year-on-year, mainly due to rising prices of aluminum alloy rods and an increase in goods dispatched[10](index=10&type=chunk) * **Short-term Borrowings** and **Notes Payable** decreased by **57.27%** and **79.44%** respectively, reflecting changes in financing structure and payment methods[10](index=10&type=chunk) - Income statement item changes are due to various reasons: * **Financial Expenses**: Soared by **3107.32%**, mainly due to decreased interest income and increased exchange losses in the current period[10](index=10&type=chunk) * **Investment Income**: Increased by **146.37%**, primarily due to increased investment income from bank wealth management products and gains/losses from forward foreign exchange settlements[10](index=10&type=chunk) * **Credit Impairment Losses**: Significantly reversed to a positive growth of **590.57%**, mainly due to the recovery of previously provisioned bad debts for accounts receivable and notes receivable[10](index=10&type=chunk) - Net cash flow from operating activities was **-199.91 million CNY**, a significant year-on-year decrease of **303.17%**, primarily because of increased payments for aluminum alloy rod raw materials in the current period, and the use of domestic letters of credit for some payments in the prior year, leading to greater cash outflow pressure this period[10](index=10&type=chunk) [Shareholder Information](index=4&type=section&id=Item%20II.%20Shareholder%20Information) This section details the company's shareholder structure, including the total number of common shareholders and the holdings of the top shareholders, highlighting significant ownership and related party relationships [Shareholding Status of Shareholders](index=4&type=section&id=Item%20(I)%20Total%20Number%20of%20Common%20Shareholders%20and%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%20and%20Top%20Ten%20Shareholders'%20Holdings) As of September 30, 2021, the company had **55,901** common shareholders, with the largest shareholder, Shangrao Urban Construction Investment and Development Group Co., Ltd., holding **29.99%** of shares, half of which are pledged, and key family members of the founder holding significant stakes - As of the end of the reporting period, the total number of common shareholders was **55,901**[13](index=13&type=chunk) Top Five Shareholders' Holdings | Shareholder Name | Shareholder Type | Shareholding Percentage | Number of Shares Held | Number of Pledged Shares | | :--- | :--- | :--- | :--- | :--- | | Shangrao Urban Construction Investment and Development Group Co., Ltd. | State-owned Legal Person | 29.99% | 296,329,179 | 148,164,589 | | Huang Tianhuo | Domestic Natural Person | 8.07% | 79,707,704 | 0 | | Huang Wenle | Domestic Natural Person | 4.39% | 43,391,163 | 0 | | Huang Yindian | Domestic Natural Person | 3.21% | 31,720,500 | 0 | | Huang Changyuan | Domestic Natural Person | 3.20% | 31,662,500 | 0 | - Company shareholders Huang Wenle (son of Huang Tianhuo), Huang Changyuan (brother-in-law of Huang Tianhuo), and Huang Yindian (brother of Huang Tianhuo) constitute a related party relationship[14](index=14&type=chunk) [Other Significant Matters](index=5&type=section&id=Item%20III.%20Other%20Significant%20Matters) This section confirms that there are no other material events requiring disclosure during the reporting period [Other Significant Matters](index=5&type=section&id=Item%20III.%20Other%20Significant%20Matters) The company has no other significant matters to disclose in this reporting period - The company has no other significant matters to explain in this reporting period[15](index=15&type=chunk) [Quarterly Financial Statements](index=5&type=section&id=Item%20IV.%20Quarterly%20Financial%20Statements) This section presents the company's consolidated financial statements for the quarter, including the balance sheet, income statement, and cash flow statement, along with a note on the audit status [Consolidated Balance Sheet](index=5&type=section&id=Item%201.%20Consolidated%20Balance%20Sheet) As of September 30, 2021, total assets were **1.77 billion CNY**, a slight decrease of 2.61% from year-end, while total liabilities decreased by 18.26% to **307.96 million CNY**, and owner's equity attributable to the parent company grew by 1.51% to **1.46 billion CNY**, maintaining a stable asset-liability structure Consolidated Balance Sheet Key Data | Item | September 30, 2021 (CNY) | December 31, 2020 (CNY) | | :--- | :--- | :--- | | Total Assets | 1,767,132,153.70 | 1,814,493,992.99 | | Total Liabilities | 307,957,318.93 | 376,744,741.69 | | Total Owner's Equity Attributable to Parent Company | 1,458,297,953.92 | 1,436,608,871.96 | | Total Owner's Equity | 1,459,174,834.77 | 1,437,749,251.30 | [Consolidated Income Statement (Year-to-Date)](index=8&type=section&id=Item%202.%20Consolidated%20Income%20Statement%20(Year-to-Date)) For Q1-Q3 2021, total operating revenue increased by 26.14% to **1.38 billion CNY**, demonstrating market expansion, but total operating costs grew faster at 28.03%, leading to a 14.93% decline in net profit attributable to the parent company, reaching **48.91 million CNY** Consolidated Income Statement Key Data (Year-to-Date) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | I. Total Operating Revenue | 1,380,438,231.61 | 1,094,387,851.24 | | II. Total Operating Costs | 1,335,286,338.54 | 1,042,901,140.15 | | III. Operating Profit | 57,418,480.62 | 67,234,279.75 | | IV. Total Profit | 58,098,104.08 | 67,013,184.79 | | Net Profit Attributable to Parent Company Owners | 48,912,467.81 | 57,499,749.26 | [Consolidated Cash Flow Statement (Year-to-Date)](index=10&type=section&id=Item%203.%20Consolidated%20Cash%20Flow%20Statement%20(Year-to-Date)) In Q1-Q3 2021, operating cash flow was a significant outflow of **-199.91 million CNY**, primarily due to increased payments for goods, while investment activities generated a net inflow of **133.46 million CNY**, and financing activities resulted in a net outflow of **29.31 million CNY**, leading to a net decrease of **97.11 million CNY** in cash and cash equivalents Consolidated Cash Flow Statement Key Data (Year-to-Date) | Item | Current Period Amount (CNY) | Prior Period Amount (CNY) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -199,906,029.25 | 98,395,629.26 | | Net Cash Flow from Investment Activities | 133,461,629.02 | -43,249,857.12 | | Net Cash Flow from Financing Activities | -29,308,217.51 | -5,198,618.30 | | Net Increase in Cash and Cash Equivalents | -97,108,370.51 | 48,203,594.51 | | Cash and Cash Equivalents at End of Period | 42,773,469.49 | 119,582,134.54 | [Audit Report](index=12&type=section&id=Item%20(III)%20Audit%20Report) This quarterly financial report has not been audited - The company's 2021 third-quarter report is unaudited[26](index=26&type=chunk)

Financial Performance - The company's operating revenue for the first half of 2021 was ¥775,781,729.57, representing a 19.04% increase compared to ¥651,714,990.50 in the same period last year[20]. - The net profit attributable to shareholders was ¥30,365,036.53, a decrease of 3.25% from ¥31,386,230.27 in the previous year[20]. - The net cash flow from operating activities was -¥123,691,368.16, a decline of 212.52% compared to ¥109,932,149.01 in the same period last year[20]. - The total operating revenue for the first half of 2021 was CNY 775,781,729.57, representing a year-on-year increase of 19.04% compared to CNY 651,714,990.50 in the same period last year[44]. - The operating costs increased by 20.88%, amounting to ¥706,579,742.53, up from ¥584,545,484.77 in the same period last year[44]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of -¥123,691,368.16, primarily due to increased prepayments for aluminum alloy materials[44]. - The company reported a total comprehensive income attributable to the parent company of CNY 30,365,036.53 for the first half of 2021, slightly down from CNY 31,386,230.27 in the previous year[140]. - The total comprehensive income for the first half of 2021 was 32,563,295.46 yuan, reflecting a significant increase compared to the previous period[154]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,710,192,418.30, down 5.75% from ¥1,814,493,992.99 at the end of the previous year[20]. - The company's current assets totaled CNY 849,977,883.44, down from CNY 940,404,309.52 at the end of 2020, reflecting a decline of approximately 9.5%[126]. - The company's total liabilities decreased to CNY 270,432,595.75 from CNY 376,744,741.69, indicating a reduction of approximately 28.2%[127]. - The total liabilities at the end of the current period are 589,250,000, reflecting an increase from 547,000,000 at the beginning of the period[152]. - The company's equity attributable to shareholders reached CNY 1,444.01 million, an increase from CNY 1,439.60 million at the end of 2020[132]. Cash Flow - The company reported a significant decline in cash flow from operating activities, with a net cash flow of -¥123,691,368.16, primarily due to increased prepayments for aluminum alloy materials[44]. - The company's investment activities generated a cash inflow of ¥82,385,647.29, a substantial improvement from a cash outflow of -¥56,281,214.22 in the previous year[44]. - The company's cash flow from operating activities showed a net outflow of CNY 123,691,368.16, a significant decrease compared to a net inflow of CNY 109,932,149.01 in the first half of 2020[143]. - Cash inflow from investment activities totaled CNY 716,430,386.71, up from CNY 465,103,487.07 in the previous year, marking a 54% increase[147]. Research and Development - Research and development investment rose by 23.57%, totaling ¥25,223,994.46, compared to ¥20,412,716.24 in the previous year[44]. - Research and development expenses for the first half of 2021 were CNY 12.07 million, an increase of 17.4% compared to CNY 10.28 million in the same period of 2020[133]. Market Position and Strategy - The company is positioned in the Fujian province, which is the largest industrial profile demand market in the region, and has established a marketing network that extends to developed provinces such as Zhejiang, Shanghai, and Guangdong, as well as international markets in Southeast Asia, South America, Eastern Europe, and the Middle East[29]. - The company aims to leverage its geographical advantages to dominate the Haixi Economic Zone market and expand its production capacity while optimizing product structure[36]. - The company is focusing on expanding its high-end industrial aluminum profile market while maintaining its leadership in aluminum alloy building profiles[41]. - The company has established a comprehensive sales network across domestic and international markets, utilizing direct sales and distributors to enhance market penetration[39]. Environmental and Social Responsibility - The company has established wastewater and air pollution treatment facilities to ensure compliance with environmental standards[73]. - The company organized recruitment events in impoverished areas, successfully transferring employment for over 300 individuals from regions such as Yunnan, Guizhou, and Gansu during the first half of 2021[78]. - The company provided financial assistance totaling 120,988 yuan to 35 employees in need during the first half of 2021[79]. Shareholder Information - The total number of shares before the change was 988,093,200, with a total of 34,069,040 shares released from restrictions, resulting in a new total of 988,093,200 shares[107]. - Major shareholders include a state-owned enterprise holding 29.99% of shares, and significant individual shareholders include Huang Tianhuo and Huang Wenle, each holding 5.38% and 4.20% respectively[112]. - The number of shareholders at the end of the reporting period was 43,607, with no preferred shares restoring voting rights[112]. Compliance and Governance - The financial report for the first half of 2021 was not audited[123]. - The company has not reported any significant administrative penalties related to environmental issues during the reporting period[78]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[88].

证券代码：002578 证券简称：闽发铝业 公告编号：2021-023 福建省闽发铝业股份有限公司关于参加 2021 年度福建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的互动交流工作，使广大投资者能更深入全面地了解 公司情况，福建省闽发铝业股份有限公司（以下简称"公司"）将参加由福建证 监局与福建省上市公司协会、深圳市全景网络有限公司共同举办的"2021 年度 福建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： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台，采取网络远程的方式举行，投资者可以登录"全景网投资者关系互动平 台"（http://ir.p5w.net）参与本次投资者集体接待日活动，网上互动交流时 间为 2021 年 5 月 14 日（星期五）15:30 至 17:00，届时公司总经理黄长远先生、 董事会秘书傅孙明先生和财务总监吴赵晶先生将通过网络文字交流形式与投资 者进行沟通。 欢迎广大投资者积极参与。 特此公告。 福建省闽发铝业股份有限公司 董 ...

Financial Performance - The company's revenue for Q1 2021 was CNY 276,063,083.86, representing a 40.30% increase compared to CNY 196,764,604.67 in the same period last year[7] - Net profit attributable to shareholders was CNY 10,408,609.88, a significant increase of 135.69% from CNY 4,416,143.61 year-on-year[7] - The net profit after deducting non-recurring gains and losses was CNY 7,401,463.55, up 106.07% from CNY 3,591,806.62 in the previous year[7] - The basic earnings per share increased to CNY 0.0111, reflecting a growth of 146.67% compared to CNY 0.0045 in the same quarter last year[7] - Net profit for the first quarter was ¥10,316,148.74, reflecting a 136.37% increase from ¥4,364,485.59 year-on-year[16] - Operating profit surged to ¥12,397,416.78, up 137.60% from ¥5,217,752.05, driven by increased sales volume and higher investment income[16] - The total comprehensive income for the period was ¥12,271,594.99, significantly higher than ¥4,202,560.59 in the previous year[41] - The net profit for the first quarter of 2021 was CNY 10,947,969.04, an increase of 139.5% compared to CNY 4,575,938.80 in the same period last year[44] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,763,623,158.24, a decrease of 2.80% from CNY 1,814,493,992.99 at the end of the previous year[7] - The net assets attributable to shareholders increased to CNY 1,448,972,928.09, marking a 0.86% rise from CNY 1,436,608,871.96 at the end of the last year[7] - The company's total assets decreased by 54.35% in trading financial assets, dropping from ¥105,209,677.78 to ¥48,032,136.99, mainly due to the recovery of maturing bank wealth management products[15] - Total liabilities decreased to CNY 313,602,311.95 from CNY 376,744,741.69, a reduction of approximately 16.7%[32] - Current liabilities totaled CNY 302,382,516.67, down from CNY 365,080,253.01, indicating a decrease of about 17.2%[32] - Total liabilities decreased to ¥312,683,689.70 from ¥376,000,091.52, indicating a reduction of approximately 17%[39] Cash Flow - The net cash flow from operating activities was negative at CNY -28,546,852.27, a decline of 477.33% compared to CNY 7,565,561.66 in the same period last year[7] - The company reported a significant decrease in cash flow from operating activities, with a net outflow of ¥28,546,852.27 compared to an inflow of ¥7,565,561.66 in the previous period, primarily due to increased payments for aluminum alloy rod purchases[16] - The cash flow from investment activities generated a net inflow of CNY 18,144,753.67, a recovery from a net outflow of CNY -44,637,960.34 in the previous year[48] - Cash inflow from financing activities totaled 32,000,000.00 CNY, while cash outflow was 33,128,556.94 CNY, resulting in a net cash flow of -1,128,556.94 CNY[52] Shareholder Information - The top shareholder, Shangrao City Urban Construction Investment Development Group Co., Ltd., holds 29.99% of the shares, totaling 296,329,179 shares[11] - The total number of ordinary shareholders at the end of the reporting period was 50,348[11] Government Subsidies - The company received government subsidies amounting to CNY 2,861,012.01 during the reporting period[8] - The company reported a 410.40% increase in other income, rising from ¥560,539.51 to ¥2,861,012.01, mainly due to increased government subsidies[16] Research and Development - Research and development expenses for the quarter were ¥5,013,377.45, compared to ¥3,918,662.10 in the previous year, marking a rise of approximately 28%[39] Other Financial Metrics - The company incurred operating expenses of CNY 398,958,835.06, compared to CNY 286,304,957.68 in the previous year, representing an increase of 39.3%[48] - The company reported a tax expense of CNY 1,768,900.12, which is an increase from CNY 838,833.67 in the previous year[44] - The company experienced a 55.79% decrease in receivables financing, down from ¥11,501,597.78 to ¥5,085,000.00, primarily due to the endorsement of bank acceptance bills for payment[15]

Financial Performance - The company's operating revenue for 2019 was CNY 1,463,303,287.51, representing a 2.61% increase compared to CNY 1,426,114,894.34 in 2018[16]. - The net profit attributable to shareholders for 2019 was CNY 47,035,818.95, which is a 31.36% increase from CNY 35,806,342.32 in 2018[16]. - The net cash flow from operating activities improved significantly to CNY 97,393,335.91, a 933.75% increase from a negative CNY 11,681,290.72 in 2018[16]. - The basic earnings per share for 2019 was CNY 0.05, up 25.00% from CNY 0.04 in 2018[16]. - The company reported a quarterly revenue of CNY 473,491,495.41 in Q4 2019, the highest among the four quarters[21]. - The net profit attributable to shareholders in Q3 2019 was CNY 19,604,623.96, showing strong performance in that quarter[21]. - The company reported a non-operating income of CNY 11,682,004.51, a significant recovery from a loss of CNY 1,301,917.65 in the previous year[24]. - The company’s revenue from non-ferrous metal processing was CNY 1,351,694,413.95, accounting for 92.37% of total revenue, with a slight increase of 0.83% compared to the previous year[49]. - The revenue from aluminum template leasing surged by 79.10% to CNY 63,841,818.45, indicating a shift in market demand towards leasing[50]. - Domestic sales contributed CNY 1,293,228,830.75, representing 88.38% of total revenue, with an 8.89% increase year-on-year[50]. Assets and Liabilities - Total assets at the end of 2019 were CNY 1,693,915,374.31, a decrease of 0.85% from CNY 1,708,351,786.68 at the end of 2018[18]. - The net assets attributable to shareholders decreased by 7.83% to CNY 1,384,699,273.19 from CNY 1,502,366,328.93 in 2018[18]. - The company’s fixed assets showed no significant changes, while intangible assets decreased by 46.86% due to the transfer of 42% equity in Jiangxi Minfa Technology[33]. - The company’s construction in progress increased by 30.37% due to increased investment in ongoing projects[33]. - As of the end of 2019, cash and cash equivalents decreased to ¥75,366,984.47, representing 4.45% of total assets, down from 13.94% at the beginning of the year, primarily due to share buybacks and increased investment in financial products[70]. - Accounts receivable increased to ¥224,474,945.4, accounting for 13.25% of total assets, up from 12.74% at the beginning of the year, attributed to a year-on-year increase in sales[70]. - Fixed assets rose to ¥632,850,784.9, making up 37.36% of total assets, an increase from 35.77% at the beginning of the year, mainly due to the transfer of construction in progress to fixed assets[70]. - Short-term borrowings amounted to ¥110,177,643.3, accounting for 6.50% of total assets, due to an increase in bank short-term loans and discounted commercial bills[70]. Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares for the year[5]. - The company reported a net profit available for distribution to ordinary shareholders of 47,035,818.95 CNY in 2019, with a cash dividend amount of 0.00 CNY, resulting in a cash dividend payout ratio of 0.00%[101]. - The decision to not distribute dividends in 2019 was influenced by the cyclical nature of the industry and the need to enhance capital strength and risk resistance[102]. - The company aims to use retained earnings to support sustainable development and core competitiveness, aligning with its three-year dividend return plan (2018-2020)[102]. - The company has committed to not issuing cash dividends, stock bonuses, or capital reserve transfers in the current fiscal year[103]. Research and Development - The company has participated in the revision of 50 international, national, and industry standards and holds 77 patents, including 8 invention patents[28]. - The company has a strong R&D team with 77 valid national patents, including 8 invention patents, and has participated in the drafting of 50 national and international standards[36]. - Research and development expenses increased by 10.00% to ¥20,216,377.14, reflecting the company's commitment to innovation[63][64]. - The company had a total R&D investment of ¥46,539,224.20, which represented 3.18% of total operating revenue[66]. - The company aims to increase investment in R&D and technological innovation, enhancing its product development speed and optimizing product structure to meet diverse customer needs[89]. Market and Sales Strategy - The company’s main products include architectural aluminum profiles and industrial aluminum profiles, which are used in various sectors such as real estate and electronics[27]. - The company has established a marketing network that covers major provinces in China and has expanded into Southeast Asia, South America, Eastern Europe, and the Middle East[28]. - The company’s sales model includes direct sales, distributors, and specialty stores, with a focus on large clients and projects[29]. - The company has established a comprehensive sales network in domestic and international markets, utilizing direct sales, distributors, and specialty stores to enhance market penetration[39]. - The company aims to leverage its geographical advantages to dominate the market in the Haixi Economic Zone and expand nationwide, focusing on capacity expansion and product structure optimization[36]. - The company has identified a shift in the sales model of building aluminum templates from primarily selling to leasing, impacting market demand[86]. Corporate Governance and Compliance - The company adheres to legal regulations in its governance structure, ensuring equal rights for all shareholders, especially minority shareholders[182]. - The board of directors is composed in accordance with legal requirements, ensuring a diligent and responsible governance approach[182]. - The company has no instances of the controlling shareholder interfering with company decisions, maintaining a clear governance structure[182]. - The company has established a commitment to use the proceeds from its non-public offering strictly for designated purposes, avoiding financial investments in securities trading companies[105]. - The company has implemented measures to ensure that its commitments do not interfere with its operational management and protect shareholder interests[105]. Risk Management - The company anticipates facing various risks in its future operations as outlined in the report, which may impact its 2020 business plans[4]. - The company faces risks from macroeconomic fluctuations, intensified industry competition, and management transitions due to changes in shareholder control[91][92]. - The company plans to leverage national policy trends and the Belt and Road Initiative to adjust its business strategies for sustainable growth[93]. Social Responsibility - The company donated 3,600,000 RMB to support local education, major illness relief, and poverty alleviation efforts[134]. - The company organized recruitment events in impoverished areas, successfully transferring employment for nearly 300 individuals in 2019[133]. - The company has established wastewater and air pollution treatment facilities in both production sites, ensuring compliance with environmental discharge standards[136]. Shareholder Structure - The largest shareholder, Huang Tianhu, holds 27.86% of the shares, totaling 275,310,000 shares, with 219,980,000 shares pledged[150]. - The second-largest shareholder, Huang Wenle, holds 7.18% of the shares, totaling 70,921,550 shares, with 70,419,997 shares pledged[150]. - The company has a total of 30,539 common shareholders at the end of the reporting period[150]. - The company’s stock repurchase plan was completed as of February 14, 2020, achieving the target of 5% of the total share capital[146]. Internal Control and Audit - The company maintained effective internal control over financial reporting as of December 31, 2019, according to the internal control verification report[199]. - The internal control verification report received a standard unqualified opinion from the auditing firm, confirming the reliability of the internal controls[199]. - The internal control evaluation report is accessible on the official website, promoting accountability and public access to information[199].