江苏华宏科技股份有限公司 2021 年第一季度报告全文 江苏华宏科技股份有限公司 2021 年第一季度报告 2021 年 04 月 1 江苏华宏科技股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏华宏科技股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | | 本报告期 | 上年同期 | ...

Financial Performance - The company reported a total revenue of 582,691,698 RMB for the year 2020, with a cash dividend of 0.8 RMB per 10 shares distributed to shareholders[5]. - The company's operating revenue for 2020 was ¥3,375,687,731.05, representing a 56.18% increase compared to ¥2,161,340,387.07 in 2019[23]. - The net profit attributable to shareholders for 2020 was ¥225,246,058.67, a 25.83% increase from ¥179,004,724.77 in 2019[23]. - The net profit after deducting non-recurring gains and losses was ¥185,561,903.02, up 17.46% from ¥157,972,346.42 in 2019[23]. - The net cash flow from operating activities reached ¥242,839,402.92, a significant increase of 185.43% compared to ¥85,077,929.51 in 2019[23]. - Total assets at the end of 2020 were ¥3,936,997,475.24, reflecting a 54.78% increase from ¥2,543,598,458.02 at the end of 2019[23]. - The net assets attributable to shareholders increased by 51.67% to ¥2,964,665,185.78 from ¥1,954,726,059.12 in 2019[23]. - The company achieved an operating income of 3.376 billion yuan, a year-on-year increase of 56.18%[57]. - The net profit attributable to shareholders was 225 million yuan, up 25.83% year-on-year[57]. - The revenue from the recycling resources segment was ¥2,614,868,584.59, accounting for 77.46% of total revenue, with a year-on-year growth of 80.77%[63]. - The elevator components segment generated revenue of ¥724,360,561.87, which is 21.46% of total revenue, showing a slight increase of 3.20% from ¥701,866,315.03 in 2019[63]. Business Operations - The company operates in the recycling and technology sector, focusing on sustainable practices and resource recovery[16]. - The company operates in two main segments: recycling resources and elevator components, focusing on sustainable economic practices[36]. - The recycling resource segment includes the R&D, production, and sales of recycling processing equipment, focusing on metal and non-metal materials, as well as rare earth recycling[37]. - The company operates two major scrap steel processing bases, providing high-quality scrap steel furnace materials directly to steel mills[37]. - The rare earth recycling business produces high-purity rare earth oxides, which are widely used in high-tech fields such as magnetic materials and communication devices[37]. - The company completed the acquisition of 100% equity in Ji'an Xintai Technology Co., Ltd., expanding its business into rare earth recycling[36]. - The company launched new products, including a 2000T metal hydraulic baler and hydraulic scrap steel shears, which are expected to drive future growth[58]. - The company launched new smart products including gesture recognition and face recognition elevators, aligning with the "Healthy Elevator" concept to meet market demands[59]. Risk Management - The company faces risks including merger integration risks, intensified market competition, raw material price fluctuations, human resource risks, and exchange rate fluctuations[5]. - The company has a risk management strategy in place to address potential future challenges in its business environment[5]. - The company has identified risks including merger integration, intensified market competition, raw material price fluctuations, human resource challenges, and foreign exchange risks, with strategies in place to mitigate these risks[113][114]. Shareholder Information - The company proposed a cash dividend of 0.8 yuan per 10 shares for the 2020 fiscal year, based on a total share capital of 582,691,698 shares[122]. - The total cash dividend distributed in 2020 amounted to 46,615,335.84 yuan, representing 20.70% of the net profit attributable to ordinary shareholders[121]. - The cash dividend for 2019 was 34,063,301.88 yuan, which accounted for 19.03% of the net profit attributable to ordinary shareholders[121]. - The company has not proposed any cash dividend distribution plan for the reporting period despite having positive distributable profits[121]. - The total distributable profit for the reporting period was 476,034,672.12 yuan[122]. Strategic Development - The company has established a three-year strategic development plan to enhance its market position and direction for high-quality growth[59]. - The company is focused on enhancing its capital operation capabilities through fund operations, equity investments, and mergers to optimize resource integration[113]. - The company plans to actively develop the scrapped automobile recycling business and expand into downstream recycling of various metals and non-metals[113]. Compliance and Governance - The company emphasizes the importance of accurate financial reporting and has declared the authenticity of its annual report[5]. - The company has committed to avoiding competition with its subsidiaries and ensuring no harm to shareholder interests[126]. - The company has a long-term commitment to strictly adhere to its promises regarding related party transactions and competition avoidance[126]. - The company has disclosed its commitment to timely information disclosure and compliance with legal obligations regarding shareholding changes[135]. - The company held two shareholder meetings and eight board meetings in 2020, ensuring transparency in major decisions[179]. Investments and Acquisitions - The company acquired 100% equity of Jianxin Technology Co., Ltd. for 810 million yuan, with an expected return of 85 million yuan[90]. - The acquisition of 100% equity in Xintai Technology contributed to a goodwill increase of 67.10% compared to the beginning of the period[48]. - Xin Tai Technology achieved a net profit of RMB 90.16 million in 2020, with a completion rate of 101.76% against the performance commitment of RMB 85 million[144]. - The acquisition of Xin Tai Technology was completed on March 24, 2020, for a total cost of RMB 810 million, acquiring 100% equity[150]. Research and Development - Research and development expenses increased by 45.81% to RMB 111,847,892.40, reflecting the company's commitment to innovation[78]. - The number of R&D personnel increased by 14.54% to 260, indicating a focus on enhancing research capabilities[80]. - The company’s R&D investment accounted for 3.31% of operating revenue, slightly down from 3.55% in the previous year[80].

江苏华宏科技股份有限公司 2020 年第三季度报告全文 江苏华宏科技股份有限公司 2020 年第三季度报告 2020 年 10 月 1 江苏华宏科技股份有限公司 2020 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。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏华宏科技股份有限公司 2020 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 | --- | --- | --- | --- | --- | |----------------------------------------------------------------------|------------------------------------------------------------- ...

江苏华宏科技股份有限公司 2020 年半年度报告全文 江苏华宏科技股份有限公司 2020 年半年度报告 2020 年 08 月 1 江苏华宏科技股份有限公司 2020 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。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：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。 公司的经营计划和目标仅为未来计划的前瞻性陈述，不构成公司对投资者 的实质性承诺，能否实现取决于市场状况变化、经营团队的努力程度等多种因 素，存在很大不确定性，请投资者注意投资风险。 公司未来面对的风险主要集中在并购整合风险、市场竞争加剧的风险、原 材料价格波动的风险、人力资源风险和汇率波动风险等方面。 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 江苏华宏科技股份有限公司 2020 年半年度报告全文 目录 2020 年半年度报告 | --- | |---- ...

江苏华宏科技股份有限公司 2020 年第一季度报告全文 江苏华宏科技股份有限公司 2020 年第一季度报告 2020 年 04 月 1 江苏华宏科技股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏华宏科技股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | □ 是 √ 否 | 本报告期 ...

Financial Performance - The company's operating revenue for 2019 was CNY 2,161,340,387.07, representing a 12.81% increase compared to CNY 1,915,918,137.18 in 2018[22] - The net profit attributable to shareholders for 2019 was CNY 179,004,724.77, which is a 13.96% increase from CNY 157,072,277.49 in 2018[22] - The net cash flow from operating activities increased by 84.55% to CNY 85,077,929.51 in 2019, up from CNY 46,099,510.79 in 2018[22] - The basic earnings per share for 2019 was CNY 0.3867, reflecting a 13.97% increase from CNY 0.3393 in 2018[22] - The total assets at the end of 2019 were CNY 2,543,598,458.02, a slight decrease of 0.33% from CNY 2,552,068,404.33 at the end of 2018[22] - The net assets attributable to shareholders increased by 7.66% to CNY 1,954,726,059.12 at the end of 2019, compared to CNY 1,815,727,776.37 at the end of 2018[22] - The weighted average return on equity for 2019 was 9.50%, an increase from 9.00% in 2018[22] - The company reported a diluted earnings per share of CNY 0.3867 for 2019, consistent with the basic earnings per share[22] Revenue Breakdown - Total revenue for Q1 2019 was ¥481,532,335.27, with a peak in Q2 at ¥648,704,797.40, followed by Q3 at ¥561,839,996.81 and Q4 at ¥469,263,257.59[27] - Net profit attributable to shareholders in Q2 2019 reached ¥67,900,457.63, while Q1 was ¥37,821,024.15, Q3 was ¥43,809,209.08, and Q4 was ¥29,474,033.91[27] - In 2019, the company's main business revenue from the recycling resources segment reached RMB 1.446 billion, an increase of 10.42% year-on-year[48] - The recycling resources operation business (waste steel processing + old car dismantling) achieved main revenue of RMB 327 million, a significant increase of 95.43% year-on-year[48] - The elevator components segment generated main business revenue of RMB 702 million, reflecting a year-on-year growth of 18.91%[48] - The revenue from the recycling resources segment was ¥1,446,489,115.28, accounting for 66.93% of total revenue, with a year-on-year growth of 10.42%[52] - Elevator components generated revenue of ¥701,866,315.03, which is 32.47% of total revenue, reflecting an 18.91% increase from the previous year[52] - The domestic market contributed ¥1,962,267,369.60, or 90.79% of total revenue, with a year-on-year growth of 10.64%[52] Cash Flow and Investments - The net cash flow from operating activities was negative in Q1 at -¥7,710,787.65, but improved significantly in Q2 to ¥41,599,008.16, and remained positive in Q3 and Q4 at ¥20,796,978.31 and ¥30,392,730.69 respectively[27] - The total cash inflow from operating activities was ¥2,043,269,735.04, a 9.52% increase from ¥1,865,709,331.75 in the previous year[73] - The company reported a significant decrease in cash inflow from investment activities, which fell by 39.80% to ¥568,496,694.46 in 2019 from ¥944,388,292.81 in 2018[73] - The total investment amount in 2019 was ¥138,351,616.48, representing a substantial increase of 188.23% compared to ¥48,000,000.00 in the previous year[78] - The company's cash and cash equivalents decreased by 1.32% from 13.26% of total assets in 2018 to 11.94% in 2019[76] - The company made a significant equity investment of ¥30,000,000.00 in Qian'an Juliy, acquiring a 60% stake[80] - The company purchased land use rights in Beijing for ¥78,072,301.50, which is part of its ongoing investment strategy[81] Strategic Initiatives and Market Outlook - The company focuses on the recycling resource industry, with major products including metal packaging equipment and waste steel crushing production lines, indicating a strong commitment to sustainable practices[36] - The elevator components segment is expected to benefit from increasing urbanization, with a projected demand for approximately 5 million elevators in old residential areas[39] - The new regulations on scrapping vehicles are anticipated to significantly increase the scale of the vehicle recycling industry in China, presenting growth opportunities for the company[36] - The introduction of smart elevator technologies, such as gesture recognition and antibacterial buttons, is expected to drive future market growth[39] - The overall market outlook for the elevator industry remains positive, with long-term growth anticipated despite short-term fluctuations due to increased competition[39] - The company plans to enhance its technology in metal and non-metal recycling equipment to solidify its leading position in the recycling industry[91] - The company aims to expand its operations in the recycling of scrapped vehicles and other metal and non-metal resources, targeting a comprehensive recycling business model[91] Risk Factors - The company faces risks including merger integration, intensified market competition, raw material price fluctuations, human resource risks, and exchange rate fluctuations[6] - The company is facing risks from market competition, which may lead to a decrease in gross margins, and plans to improve product quality and production efficiency[93] - The company has implemented strategies to mitigate risks from raw material price fluctuations, including adjusting procurement strategies based on market conditions[94] Shareholder Information - The company plans to distribute a cash dividend of CNY 0.6 per 10 shares, based on a total of 567,721,698 shares[6] - The cash dividend for 2018 was 42,726,783.84 CNY, which accounted for 27.20% of the net profit[103] - The proposed cash dividend for the 2019 fiscal year is ¥0.60 per 10 shares, based on a total share capital of 567,721,698 shares[107] - Total cash dividends amounted to ¥34,063,301.88, representing 100% of the distributable profits[107] Corporate Governance - The company held two annual shareholder meetings and ten board meetings in 2019, ensuring transparency in major decisions[149] - The company has maintained strict compliance with commitments made regarding avoiding competition with its subsidiaries[108] - The audit firm, Gongzheng Tianye, has provided continuous audit services for 16 years, with a fee of ¥550,000 for the current period[123] - There were no significant accounting errors requiring restatement during the reporting period[119] - The company did not engage in any related party transactions during the reporting period[130] - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[129] Employee and R&D Information - In 2019, the company's R&D expenses amounted to ¥76,705,449.69, representing an increase of 11.78% compared to ¥68,622,514.60 in 2018[70] - The number of R&D personnel decreased by 10.63% from 254 in 2018 to 227 in 2019, while the proportion of R&D personnel to total employees fell from 16.18% to 14.60%[70]

江苏华宏科技股份有限公司 2019 年第三季度报告全文 江苏华宏科技股份有限公司 2019 年第三季度报告 2019 年 10 月 1 / 28 江苏华宏科技股份有限公司 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。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证季度报告中财务报表的真实、准确、完整。 2 / 28 江苏华宏科技股份有限公司 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|------------------|---- ...

江苏华宏科技股份有限公司 2019 年半年度报告 2019 年 08 月 1 江苏华宏科技股份有限公司 2019 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。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：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。 江苏华宏科技股份有限公司 2019 年半年度报告全文 2 江苏华宏科技股份有限公司 2019 年半年度报告全文 公司计划不派发现金红利，不送红股，不以公积金转增股本。 3 | 目录 | | --- | | 第一节 | 重要提示、释义 | 2 | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | 6 | | 第三节 | 公司业务概要 | 9 | | 第四节 | 经营情况讨论与分析 | 12 | | 第五节 | 重要事项 | 19 | | 第六节 | 股份变动及股东情况 | 25 | | 第七 ...

江苏华宏科技股份有限公司 2018 年年度报告全文 江苏华宏科技股份有限公司 2018 年年度报告 2019 年 04 月 1 江苏华宏科技股份有限公司 2018 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。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司未来面对的风险主要集中在政策风险、市场竞争加剧的风险、原材料 价格波动的风险、人力资源风险、汇率波动风险等方面。具体风险详见第四节 经营情况讨论与分析第九部分"公司未来发展的展望"中可能面临的主要风险。 年度报告中涉及的未来计划不构成公司对投资者的实质承诺。请广大投资者注 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 356,056,532 为基数，向 全体股东每 10 股派发现金红利 1.20 元（含税），送红股 0 股（含税），以资本公 积金向全体股东每 10 ...

江苏华宏科技股份有限公司 2019 年第一季度报告全文 江苏华宏科技股份有限公司 2019 年第一季度报告 2019 年 04 月 1 江苏华宏科技股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人胡士勇、主管会计工作负责人朱大勇及会计机构负责人(会计主 管人员)曹吾娟声明：保证季度报告中财务报表的真实、准确、完整。 2 江苏华宏科技股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------|-------|------------------------|------------------| ...