江苏双星彩塑新材料股份有限公司 2019 年第三季度报告全文 江苏双星彩塑新材料股份有限公司 2019 年第三季度报告 2019 年 10 月 1 江苏双星彩塑新材料股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏双星彩塑新材料股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|------------------|-- ...

Revenue and Profit - Revenue for Q1 2019 reached ¥973,172,710.06, an increase of 29.64% compared to ¥750,688,983.07 in the same period last year[8] - Net profit attributable to shareholders was ¥43,761,554.48, a decrease of 32.59% from ¥64,919,888.18 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥41,431,726.12, down 35.62% from ¥64,353,308.47 in the previous year[8] - Total profit decreased by 54.04% year-on-year, primarily due to increased depreciation from new project production[21] - The total profit for the current period was ¥48,273,984.17, a decrease of 35.1% from ¥74,363,086.03 in the previous period[58] - The operating profit for the current period was ¥45,533,009.63, down 38.2% from ¥73,696,521.67 in the previous period[58] Cash Flow - Operating cash flow for the period was ¥6,950,043.00, a significant improvement from a negative cash flow of ¥41,674,373.03 in the same period last year, representing a change of 116.68%[8] - Net cash flow from operating activities increased by 116.68% year-on-year, driven by higher cash receipts from sales[21] - Cash flow from operating activities was ¥1,077,368,345.29, an increase from ¥819,259,599.96 in the previous period[62] - Operating cash inflows totaled ¥1,113,182,583.29, an increase from ¥859,476,520.64 in the previous period, reflecting a growth of approximately 29.5%[65] - Operating cash outflows amounted to ¥1,106,232,540.29, compared to ¥901,150,893.67 in the prior period, indicating an increase of about 22.8%[65] - The net cash flow from operating activities was ¥6,950,043.00, a significant recovery from a negative cash flow of ¥41,674,373.03 in the previous period[65] - Investment cash outflows were ¥193,567,337.36, a decrease from ¥338,000,130.92 in the prior period, showing a reduction of approximately 42.7%[68] - The net cash flow from investment activities was -¥193,567,337.36, compared to a positive cash flow of ¥102,239,998.40 in the previous period[68] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,259,549,919.41, a slight decrease of 0.46% from ¥9,302,667,610.56 at the end of the previous year[8] - Total liabilities were approximately 1.51 billion yuan, down from 1.60 billion yuan in the previous period[38] - The total assets of the company as of March 31, 2019, were ¥9,209,702,235.30, a decrease from ¥9,263,489,045.39 at the end of 2018[51] - The company's total liabilities decreased to ¥1,489,936,882.44 from ¥1,588,671,432.21, indicating a reduction of 6.2%[51] - Total current assets amounted to CNY 4,927,436,891.93[81] - Total liabilities reached CNY 1,588,671,432.21, with current liabilities at CNY 790,388,465.06[81] - The company’s total non-current assets were CNY 4,336,052,153.46[81] Shareholder Information - The company reported a total of 46,279 common shareholders at the end of the reporting period[12] - The largest shareholder, Wu Peifu, holds 27.32% of the shares, with a total of 315,946,969 shares, of which 236,960,227 are pledged[12] - Net assets attributable to shareholders increased by 0.61% to ¥7,748,266,233.72 from ¥7,701,212,493.24 at the end of the previous year[8] - The total equity attributable to shareholders increased to ¥7,719,765,352.86 from ¥7,674,817,613.18, reflecting a growth of 0.6%[51] Expenses and Subsidies - Total operating costs amounted to ¥927,639,700.43, up 37.0% from ¥676,992,461.40 in the previous year[52] - The company incurred sales expenses of ¥17,330,086.84, slightly down from ¥17,791,156.21 in the previous period[59] - The company’s management expenses increased to ¥46,932,298.24 from ¥35,415,617.85 in the previous period, reflecting a rise of 32.5%[59] - The company reported a tax expense of ¥4,512,429.69, significantly lower than ¥9,443,197.85 in the previous period[58] - The company received tax refunds of ¥33,311,528.53, up from ¥14,212,968.39 in the previous period, marking an increase of approximately 134%[65] - Government subsidies recognized in the current period amounted to ¥2,773,624.54[8] - The company reported other income of ¥2,773,624.54, compared to ¥782,100.00 in the previous period, indicating a significant increase[58] Inventory and Prepayments - Cash and cash equivalents decreased by 30.23% compared to the beginning of the period, primarily due to capital expenditures for project construction[21] - Prepayments increased by 39.02% compared to the beginning of the period, attributed to increased sales leading to higher advance payments for raw materials[21] - The company reported a significant increase in prepayments, which rose to ¥939,027,096.05 from ¥672,847,386.75, an increase of 39.6%[42] - Inventory levels decreased to ¥1,186,812,044.81 from ¥1,364,383,351.67, a reduction of 13.0%[42] Other Information - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[22] - The company has maintained a stable long-term investment in equity at ¥115,100,955.61, unchanged from the previous year[45] - The company has not audited the first quarter report[84]

Financial Performance - The company's operating revenue for 2018 was CNY 3,857,565,344.01, representing a 27.61% increase compared to CNY 3,022,955,177.10 in 2017[22] - The net profit attributable to shareholders in 2018 was CNY 321,348,433.81, a significant increase of 330.47% from CNY 74,651,154.25 in 2017[22] - The net profit after deducting non-recurring gains and losses reached CNY 264,279,649.95, marking an increase of 11,176.56% compared to CNY 2,343,619.30 in 2017[22] - The net cash flow from operating activities was CNY 173,464,127.01, up 1,232.55% from CNY 13,017,412.35 in the previous year[22] - Basic earnings per share for 2018 were CNY 0.2779, reflecting a 309.88% increase from CNY 0.0678 in 2017[22] - Total revenue for the year reached approximately ¥4.84 billion, with a quarterly breakdown of ¥750.69 million, ¥975.32 million, ¥1.10 billion, and ¥1.03 billion respectively[27] - Net profit attributable to shareholders was approximately ¥321.35 million for the year, with quarterly figures of ¥64.92 million, ¥91.30 million, ¥105.50 million, and ¥59.62 million[27] Assets and Liabilities - Total assets at the end of 2018 amounted to CNY 9,302,667,610.56, a 2.79% increase from CNY 9,050,240,080.19 at the end of 2017[22] - The net assets attributable to shareholders were CNY 7,701,212,493.24, which is a 4.19% increase from CNY 7,391,426,840.28 in 2017[22] - Fixed assets at the end of the period amounted to CNY 3,329.46 million, an increase of 32.66% compared to the beginning of the year, due to the completion and production of the optical film project[50] - Inventory increased to CNY 1,446.55 million, up 32.84% year-on-year, attributed to increased stock of polyester film and rising raw material prices[50] - The company’s deferred tax assets increased by 54.18% to CNY 14.69 million, reflecting increased provisions for bad debts[50] - Cash and cash equivalents decreased to ¥621.26 million, accounting for 6.68% of total assets, down from 9.12% in 2017, a decrease of 2.44%[91] - The company’s accounts receivable stood at ¥921.56 million, accounting for 9.91% of total assets, a slight decrease from 10.04% in 2017[91] - The company’s total liabilities decreased by 2.07% due to payments made for the optical film project[91] Research and Development - The company invested over 3.0% of its operating revenue in R&D annually, ensuring continuous product development and market share growth[55] - Research and development (R&D) expenses for 2018 were ¥121,508,267.11, an increase of 25.78% compared to ¥96,604,139.55 in 2017[81] - The number of R&D personnel increased by 4.69% from 128 in 2017 to 134 in 2018[82] - The company filed 11 new patent applications and received 16 patents, including 6 invention patents, enhancing its core competitiveness through technological innovation[61] Market and Strategic Goals - The strategic goal is to become a leading advanced polymer composite materials enterprise, with a focus on high-quality development and international expansion over the next 3-5 years[42] - The market for advanced polymer materials is expected to reach trillions in scale over the next five years, indicating significant growth potential[42] - The company is focusing on high-end optical materials and new technology development, positioning itself for future growth in emerging markets[49] - The company aims to enhance its operational capabilities by integrating resources and creating new competitive advantages[64] - The company plans to achieve a sales growth of 30% in 2019 and expects net profit to increase compared to the previous year[129] Shareholder Information - The largest shareholder, Wu Peifu, holds 78,986,742 shares, representing a significant portion of the company's equity[195] - Suqian Dizhicheng Investment Consulting Co., Ltd. and Suqian Qiheng Investment Co., Ltd. each hold 60,840,000 shares, accounting for 5.26% of the total shares[194] - The top ten unrestricted shareholders collectively hold a total of 319,000,000 shares, indicating strong institutional support[198] - Wu Peifu serves as both the chairman and general manager of Jiangsu Shuangxing Plastic New Materials Co., Ltd., indicating a strong leadership presence[199] Operational Challenges - The company faces intense competition in the polyester film industry, which may lead to a decrease in product profit margins despite its strong brand advantage[131] - The cost of raw materials, primarily PTA and MEG, accounts for over 70% of the production cost of polyester films, making the company vulnerable to fluctuations in international oil prices[134] - The company is at risk of underutilizing its production capacity if market demand does not meet expectations following capacity expansion[135] - The "Annual Production of 30,000 Tons of New Functional Polyester Film Project" did not achieve the expected benefits due to intense market competition leading to significant price fluctuations[102] Corporate Governance and Compliance - The company did not experience any major accounting errors that required retrospective restatement during the reporting period[154] - There were no significant lawsuits or arbitration matters during the reporting period[159] - The company did not implement any employee stock ownership plans or other incentive measures during the reporting period[161] - The company has not engaged in any significant guarantees during the reporting period[172]

江苏双星彩塑新材料股份有限公司 2018 年第三季度报告正文 证券代码：002585 证券简称：双星新材 公告编号：2018-047 江苏双星彩塑新材料股份有限公司 2018 年第三季度报告正文 1 江苏双星彩塑新材料股份有限公司 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。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏双星彩塑新材料股份有限公司 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） | 9,574,679,704.61 | 9,050,240,080.19 | | ...

江苏双星彩塑新材料股份有限公司 2018 年半年度报告全文 江苏双星彩塑新材料股份有限公司 2018 年半年度报告 2018 年 08 月 1 江苏双星彩塑新材料股份有限公司 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。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 不适用 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 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 5 | | 第三节 公司业务概要 8 | | 第四节 经营情况讨论与分析 12 | | 第五节 重要事项 25 | | 第六节 股份变动及股东情况 30 | | 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 ...

江苏双星彩塑新材料股份有限公司 2017 年年度报告全文 江苏双星彩塑新材料股份有限公司 2017 年年度报告 2018 年 04 月 1 江苏双星彩塑新材料股份有限公司 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。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：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。 本年度报告所涉及的公司发展战略及计划等前瞻性陈述，不构成公司对投 资者实质性的承诺，敬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 1,156,278,085 为基数， 向全体股东每 10 股派发现金红利 0.10 元（含税），送红股 0 股（含税），不以公 积金转增股本。 2 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 5 | | --- | --- | | 第二节 | 公司简介和主要财务指标 9 | | 第三节 ...

公司负责人周海燕、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证季度报告中财务报表的真实、准确、完整。 江苏双星彩塑新材料股份有限公司 2018 年第一季度报告正文 证券代码：002585 证券简称：双星新材 公告编号：2018-029 江苏双星彩塑新材料股份有限公司 2018 年第一季度报告正文 1 江苏双星彩塑新材料股份有限公司 2018 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 2 江苏双星彩塑新材料股份有限公司 2018 年第一季度报告正文 第二节 公司基本情况 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 | 782,100.00 | | | 一标准定额或定量享受的政府补助除外） | | | | 除上述各项之外的其他营业外收入和支出 | -115,535.64 | | ...

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。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏双星彩塑新材料股份有限公司 2017 年第三季度报告正文 江苏双星彩塑新材料股份有限公司 2017 年第三季度报告正文 证券代码：002585 证券简称：双星新材 公告编号：2017-050 江苏双星彩塑新材料股份有限公司 2017 年第三季度报告正文 1 江苏双星彩塑新材料股份有限公司 2017 年第三季度报告正文 第一节 重要提示 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 追溯调整或重述原因 其他原因 | | 本报告期末 | | | 上年度末 | | | 本报告期末比上年度 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | ...

江苏双星彩塑新材料股份有限公司 2017 年半年度报告全文 江苏双星彩塑新材料股份有限公司 2017 年半年度报告 2017 年 08 月 1 江苏双星彩塑新材料股份有限公司 2017 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。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本年度报告所涉及的公司发展战略及计划等前瞻性陈述，不构成公司对投 资者实质性的承诺，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 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 5 | | 第三节 | 公司业务概要 8 | | 第四节 | 经营情况讨论与分析 11 | | 第五节 | 重要事项 23 | | 第六节 | 股份变动及股东情况 28 | ...

江苏双星彩塑新材料股份有限公司 2017 年第一季度报告正文 证券代码：002585 证券简称：双星新材 公告编号：2017-022 江苏双星彩塑新材料股份有限公司 2017 年第一季度报告正文 1 江苏双星彩塑新材料股份有限公司 2017 年第一季度报告正文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人吴培服、主管会计工作负责人周海燕及会计机构负责人(会计主 管人员)邹雪梅声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏双星彩塑新材料股份有限公司 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 602,781,495.42 | 584,337,606.79 | 3 ...