深圳王子新材料股份有限公司 2021 年半年度报告 2021 年 08 月 深圳王子新材料股份有限公司 2021 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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：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。 本半年度报告中有涉及公司经营和发展战略等未来计划的前瞻性陈述，该 计划不构成公司对投资者的实质承诺，请投资者注意投资风险。 敬请广大投资者注意投资风险，详细内容见本报告"第三节 管理层讨论与 分析"中"十、公司面临的风险和应对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2/126 | 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 7 | | 第三节 管理层讨论与分析 10 | | 第四节 公司治理 22 | | 第五节 环境和社会责任 26 | | 第六节 ...

深圳王子新材料股份有限公司 2020 年年度报告 2021 年 04 月 深圳王子新材料股份有限公司 2020 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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：保证本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。 本年度报告中有涉及公司经营和发展战略等未来计划的前瞻性陈述，该计 划不构成公司对投资者的实质承诺，请投资者注意投资风险。 敬请广大投资者注意投资风险，详细内容见本报告"第四节 经营情况讨论 与分析"中"九、公司未来发展的展望之(五)可能面对的风险"。 公司经本次董事会审议通过的利润分配预案为：以 2020 年度利润分配及资 本公积金转增股本方案未来实施时股权登记日的股本总额为基数，向全体股东 每 10 股派发现金红利 1.3 元（含税），送红股 0 股（含税），以资本公积金向全 体股东每 10 股转增 4 股。 | 第一节 重要提 ...

[Important Notice](index=2&type=section&id=Item%201.%20Important%20Notice) The company's board of directors, supervisory board, and all senior management ensure the truthfulness, accuracy, and completeness of this quarterly report and assume corresponding legal responsibilities - The company's board of directors, supervisory board, and all senior management ensure the truthfulness, accuracy, and completeness of this quarterly report and assume corresponding legal responsibilities[3](index=3&type=chunk) - All directors attended the board meeting reviewing this quarterly report, and the company's head and chief financial officer guarantee the truthfulness, accuracy, and completeness of the financial statements[4](index=4&type=chunk) [Company Profile](index=3&type=section&id=Item%202.%20Company%20Profile) This section provides an overview of the company's key financial performance indicators and detailed shareholder information for the reporting period [Key Accounting Data and Financial Indicators](index=3&type=section&id=I.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2021, the company achieved significant performance growth, with operating revenue increasing by **51.00%** and net profit attributable to parent company shareholders by **81.77%**, primarily due to business recovery after the prior year's pandemic impact; however, net cash flow from operating activities turned negative, decreasing by **114.89%** year-over-year Key Financial Indicators for Q1 2021 | Indicator | Current Period | Prior Period | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue (Yuan) | 359,750,484.15 | 238,244,388.06 | 51.00% | | Net Profit Attributable to Shareholders (Yuan) | 12,754,155.66 | 7,016,833.47 | 81.77% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Gains/Losses) (Yuan) | 12,311,411.30 | 5,942,133.64 | 107.19% | | Net Cash Flow from Operating Activities (Yuan) | -4,239,783.40 | 28,471,055.12 | -114.89% | | Basic Earnings Per Share (Yuan/share) | 0.08 | 0.05 | 60.00% | | Weighted Average Return on Net Assets | 1.63% | 1.06% | Increased by 0.57 percentage points | - During the reporting period, the company's total non-recurring gains and losses amounted to **442,744.36 Yuan**, primarily derived from government grants[8](index=8&type=chunk) [Shareholder Information](index=4&type=section&id=II.%20Total%20Shareholders%20and%20Top%20Ten%20Shareholders%20at%20Period-End) As of the end of the reporting period, the company had **6,961** common shareholders, with controlling shareholder Wang Jinjun holding **35.87%** of shares, some of which are pledged, and several top shareholders are members of the same family - At the end of the reporting period, the company had **6,961** common shareholders[11](index=11&type=chunk) Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholding Percentage | Number of Shares Held | Pledged or Frozen Status | | :--- | :--- | :--- | :--- | | Wang Jinjun | 35.87% | 54,732,435 | Pledged 14,300,000 | | Wang Wujun | 6.07% | 9,256,417 | - | | Jiangsu Manjiang Bitou Technology Development Co., Ltd. | 4.61% | 7,034,986 | - | | Wang Xiaojun | 3.76% | 5,740,000 | - | | Liang Jianhong | 2.53% | 3,862,802 | - | - Shareholders Wang Jinjun, Wang Wujun, Wang Xiaojun, and Wang Juan are members of the same family, constituting a related party relationship[12](index=12&type=chunk) [Significant Matters](index=6&type=section&id=Item%203.%20Significant%20Matters) This section details significant financial changes, the progress of key corporate actions, and other material events during the reporting period [Analysis of Major Financial Data Changes and Reasons](index=6&type=section&id=I.%20Changes%20and%20Reasons%20for%20Major%20Financial%20Data%20and%20Indicators%20in%20the%20Reporting%20Period) During the reporting period, the company experienced significant changes in several financial indicators, with substantial increases in operating revenue and net profit primarily due to business normalization after a low base in the prior year impacted by the pandemic, while net operating cash flow sharply declined due to funds occupied by operating payables, and both short-term and long-term borrowings increased due to new bank loans and the recognition of right-of-use assets under new lease standards Changes in Key Financial Indicators | Item | Change Percentage | Reason for Change | | :--- | :--- | :--- | | Operating Revenue | 51.00% | Due to the impact of the pandemic in the prior year, the reporting period saw a return to normal operations | | Net Profit Attributable to Parent Company Shareholders | 81.77% | Due to the impact of the pandemic in the prior year, the reporting period saw a return to normal operations | | Net Cash Flow from Operating Activities | -114.89% | Primarily due to funds occupied by operating payables in the current period | | Net Cash Flow from Financing Activities | 116.01% | Due to increased cash inflow from bank borrowings in the current period | | Short-term Borrowings | 46.08% | Due to new bank borrowings in the current period | | Long-term Borrowings | 100.00% | Due to new bank borrowings in the current period | | Right-of-use Assets | 100.00% | Due to the adoption of new lease standards in the current period | [Progress of Significant Matters](index=6&type=section&id=II.%20Analysis%20of%20Progress%2C%20Impact%2C%20and%20Solutions%20for%20Significant%20Matters) During the reporting period, the company advanced two significant matters: the planned acquisition of the remaining **49%** equity in Wuhan Zhongdian Huarui Technology Development Co., Ltd. through share issuance and cash payment to achieve full ownership, and the ongoing process of repurchasing and canceling **86,700** restricted shares held by a former incentive recipient - The company plans to acquire **49%** equity in Wuhan Zhongdian Huarui through share issuance and cash payment, which will result in **100%** ownership upon completion of the transaction, pending approval from the China Securities Regulatory Commission[17](index=17&type=chunk) - The company is processing the repurchase and cancellation of **86,700** restricted shares held by Cai Hua, a former incentive recipient[18](index=18&type=chunk) [Other Significant Matters](index=7&type=section&id=III.%20Other%20Significant%20Matters) During the reporting period, the company had no overdue unfulfilled commitments, no securities or derivative investments, no irregular external guarantees, or non-operating funds occupied by the controlling shareholder, and hosted one on-site institutional research visit on January 29, 2021 - The company had no securities investments, derivative investments, irregular external guarantees, or controlling shareholder fund occupation during the reporting period[19](index=19&type=chunk)[20](index=20&type=chunk)[23](index=23&type=chunk)[24](index=24&type=chunk) - On January 29, 2021, the company hosted an on-site research visit from Qianwen Jinsheng Capital Management (Ganzhou) Co., Ltd[25](index=25&type=chunk) [Financial Statements](index=9&type=section&id=Item%204.%20Financial%20Statements) This section presents the company's consolidated and parent company financial statements for the first quarter of 2021, along with explanations for adjustments and the audit status [Financial Statements](index=9&type=section&id=I.%20Financial%20Statements) This section provides the company's consolidated and parent company financial statements for Q1 2021, including the balance sheet, income statement, and cash flow statement, comprehensively reflecting the company's financial position, operating results, and cash flows [Consolidated Balance Sheet](index=9&type=section&id=1.%20Consolidated%20Balance%20Sheet) As of March 31, 2021, the company's total assets were **1.626 billion Yuan**, a **2.01%** increase from the end of the previous year, with total liabilities at **696 million Yuan** and total equity attributable to parent company owners at **785 million Yuan**, maintaining a stable asset-liability structure Key Items from Consolidated Balance Sheet (Unit: Yuan) | Item | March 31, 2021 | December 31, 2020 | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,625,989,029.55 | 1,594,000,512.93 | 2.01% | | Total Liabilities | 696,283,727.92 | 679,092,589.39 | 2.53% | | Total Equity Attributable to Parent Company Owners | 785,261,499.52 | 773,887,662.28 | 1.47% | [Consolidated Income Statement](index=14&type=section&id=3.%20Consolidated%20Income%20Statement) In Q1 2021, the company achieved total operating revenue of **360 million Yuan**, a **51.00%** year-over-year increase, and net profit attributable to parent company shareholders of **12.7542 million Yuan**, an **81.77%** year-over-year increase, with basic earnings per share at **0.08 Yuan** Key Items from Consolidated Income Statement (Unit: Yuan) | Item | Current Period Amount | Prior Period Amount | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 359,750,484.15 | 238,244,388.06 | 51.00% | | Total Operating Costs | 345,813,069.35 | 235,385,627.69 | 46.91% | | Total Profit | 17,467,862.68 | 7,698,695.00 | 126.90% | | Net Profit Attributable to Parent Company Shareholders | 12,754,155.66 | 7,016,833.47 | 81.77% | | Basic Earnings Per Share | 0.08 | 0.05 | 60.00% | [Consolidated Cash Flow Statement](index=18&type=section&id=5.%20Consolidated%20Cash%20Flow%20Statement) In Q1 2021, the company's net cash flow from operating activities was **-4.24 million Yuan**, turning negative year-over-year, with net cash outflow from investing activities of **17.82 million Yuan** and net cash inflow from financing activities of **59.735 million Yuan**, primarily from new borrowings, resulting in a period-end cash and cash equivalents balance of **157 million Yuan** Key Items from Consolidated Cash Flow Statement (Unit: Yuan) | Item | Current Period Amount | Prior Period Amount | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -4,239,783.40 | 28,471,055.12 | | Net Cash Flow from Investing Activities | -17,819,617.46 | -15,824,212.07 | | Net Cash Flow from Financing Activities | 59,734,956.26 | 27,653,528.33 | | Net Increase in Cash and Cash Equivalents | 37,838,642.98 | 41,012,887.15 | [Explanation of Financial Statement Adjustments](index=21&type=section&id=II.%20Explanation%20of%20Financial%20Statement%20Adjustments) Effective January 1, 2021, the company adopted new lease standards, adjusting its financial statements at the date of initial application (January 1, 2021) by recognizing **45.218 million Yuan** in right-of-use assets and corresponding lease liabilities in the consolidated balance sheet, without retrospective adjustment of prior period comparative data - The company adopted new lease standards for the first time on January 1, 2021, and adjusted relevant accounts in its opening financial statements accordingly[50](index=50&type=chunk) Impact of New Lease Standards Adoption on Opening Consolidated Balance Sheet | Adjusted Item | Before Adjustment (Dec 31, 2020) | After Adjustment (Jan 01, 2021) | Adjustment Amount | | :--- | :--- | :--- | :--- | | Right-of-use Assets | 0.00 | 45,218,470.36 | +45,218,470.36 | | Lease Liabilities | 0.00 | 45,218,470.36 | +45,218,470.36 | [Audit Report](index=24&type=section&id=III.%20Audit%20Report) The company's Q1 2021 report is unaudited - This quarterly report is unaudited[56](index=56&type=chunk)

[Important Notice](index=2&type=section&id=Important%20Notice) This section confirms the authenticity, accuracy, and completeness of the quarterly report, with all directors attending the review meeting - The company's Board of Directors, Supervisory Board, and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report content, assuming legal responsibility[3](index=3&type=chunk) - The company's head, chief accountant, and head of accounting department all declare the truthfulness, accuracy, and completeness of the financial statements in the quarterly report[4](index=4&type=chunk) [Company Profile](index=3&type=section&id=Company%20Profile) This section provides an overview of the company's key financial performance and shareholder structure [Key Accounting Data and Financial Indicators](index=3&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) As of Q3 2020, total assets reached **1.349 billion RMB**, a 12.13% increase from year-end, with operating revenue of **1.001 billion RMB** and net profit of **43.52 million RMB**, indicating strong operational performance and profitability Key Financial Performance (Year-to-Date) | Indicator | Year-to-Date (RMB) | Year-on-Year Change | | :--- | :--- | :--- | | Operating Revenue | 1,001,121,935.05 | 16.03% | | Net Profit Attributable to Shareholders of Listed Company | 43,523,692.48 | 28.32% | | Net Profit Attributable to Shareholders Excluding Non-recurring Items | 40,979,683.92 | 21.09% | | Net Cash Flow from Operating Activities | 44,606,664.96 | 103.06% | | Basic Earnings Per Share (RMB/share) | 0.31 | 29.17% | | Weighted Average Return on Net Assets | 6.42% | 0.67% | Key Financial Position (As of Report Period End) | Indicator | As of Report Period End (RMB) | Change from Prior Year-End | | :--- | :--- | :--- | | Total Assets | 1,348,619,927.33 | 12.13% | | Net Assets Attributable to Shareholders of Listed Company | 721,669,477.21 | 9.96% | - Year-to-date non-recurring gains and losses totaled **2.544 million RMB**, primarily from government grants[8](index=8&type=chunk) [Shareholder Information](index=4&type=section&id=Shareholder%20Information) As of the report period end, the company had **5,040 common shareholders**, with controlling shareholder Wang Jinjun holding **35.87%** of shares, some of which are pledged - As of the report period end, the company had **5,040 common shareholders**[11](index=11&type=chunk) Top Ten Shareholders' Shareholding Status | Shareholder Name | Shareholding Percentage | Number of Shares Held | Pledged or Frozen Status | | :--- | :--- | :--- | :--- | | Wang Jinjun | 35.87% | 54,732,435 | Pledged 29,880,000 | | Wang Wujun | 6.07% | 9,256,417 | - | | Jiangsu Manjiang Bitou Technology Development Co., Ltd. | 4.61% | 7,034,986 | - | | Wang Xiaojun | 3.76% | 5,740,000 | - | - Shareholders Wang Jinjun, Wang Wujun, Wang Xiaojun, and Wang Juan are members of the same family[12](index=12&type=chunk) [Significant Events](index=6&type=section&id=Significant%20Events) This section details major financial changes, progress on significant matters, and other important company activities [Analysis of Major Financial Data Changes](index=6&type=section&id=Analysis%20of%20Major%20Financial%20Data%20Changes) During the reporting period, significant changes in financial indicators, such as increases in cash, short-term borrowings, capital reserve, and treasury stock, were primarily driven by new equity incentive plans and increased sales collections Major Financial Data Changes and Reasons | Item | Change Percentage | Reason for Change | | :--- | :--- | :--- | | Cash and Cash Equivalents | 89.37% | Primarily due to new employee equity incentives in this period | | Short-term Borrowings | 87.45% | Due to new borrowings in this period | | Other Payables | 101.42% | Primarily due to new equity incentives, corresponding share repurchase obligations increased in this period | | Capital Reserve | 44.98% | Primarily due to new equity incentives in this period | | Treasury Stock | 188.35% | Primarily due to new equity incentives in this period | | Net Cash Flow from Operating Activities | 103.06% | Primarily due to increased sales collections in this period | | Net Cash Flow from Financing Activities | 784.38% | Primarily due to new equity incentives in this period | [Progress of Significant Events](index=6&type=section&id=Progress%20of%20Significant%20Events) The company successfully implemented two key equity incentive initiatives, including granting restricted shares under the 2020 plan and unlocking shares from the 2017 plan - The company completed the grant registration of the **2020 Restricted Stock Incentive Plan** in September 2020, granting **9.888 million restricted shares** to 165 incentive recipients[16](index=16&type=chunk)[17](index=17&type=chunk)[18](index=18&type=chunk) - The second phase of the company's **2017 Restricted Stock Incentive Plan** met its unlocking conditions, leading to the lifting of sales restrictions for **2,004,249 restricted shares** for 67 incentive recipients, with a listing and circulation date of August 17, 2020[19](index=19&type=chunk) [Other Significant Matters](index=8&type=section&id=Other%20Significant%20Matters) During the reporting period, the company did not engage in major capital operations like securities or derivative investments, nor did it have irregular external guarantees or controlling shareholder fund occupation - The company had no securities investments, derivative investments, wealth management products, irregular external guarantees, or controlling shareholder fund occupation during the reporting period[22](index=22&type=chunk)[23](index=23&type=chunk)[25](index=25&type=chunk)[26](index=26&type=chunk)[27](index=27&type=chunk) - The company hosted an on-site research visit from Huaxi Securities on August 26, 2020[28](index=28&type=chunk) [Financial Statements](index=10&type=section&id=Financial%20Statements) This section presents the consolidated and parent company financial statements, along with notes on adjustments and audit status [Consolidated Financial Statements](index=10&type=section&id=Consolidated%20Financial%20Statements) As of September 30, 2020, consolidated total assets were **1.349 billion RMB**, with total operating revenue of **1.001 billion RMB** and net profit of **43.52 million RMB**, showing a significant increase in operating cash flow Consolidated Balance Sheet (As of September 30, 2020) | Consolidated Balance Sheet Item | Amount (RMB) | | :--- | :--- | | Total Assets | 1,348,619,927.33 | | Total Liabilities | 533,520,612.61 | | Total Equity Attributable to Parent Company Owners | 721,669,477.21 | Consolidated Income Statement (Year-to-Date) | Consolidated Income Statement Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Total Operating Revenue | 1,001,121,935.05 | 862,823,606.21 | | Operating Profit | 69,484,184.89 | 51,987,008.20 | | Net Profit Attributable to Parent Company Owners | 43,523,692.48 | 33,918,668.63 | Consolidated Cash Flow Statement (Year-to-Date) | Consolidated Cash Flow Statement Item | Current Period Amount (RMB) | Prior Period Amount (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 44,606,664.96 | 21,966,949.88 | | Net Cash Flow from Investing Activities | -50,337,336.30 | -33,411,740.15 | | Net Cash Flow from Financing Activities | 99,923,994.27 | 11,298,750.31 | [Parent Company Financial Statements](index=13&type=section&id=Parent%20Company%20Financial%20Statements) As of September 30, 2020, the parent company's total assets were **615 million RMB**, with operating revenue of **34.89 million RMB**, but a net loss of **4.31 million RMB** Parent Company Balance Sheet (As of September 30, 2020) | Parent Company Balance Sheet Item | Amount (RMB) | | :--- | :--- | | Total Assets | 614,538,590.43 | | Total Liabilities | 209,649,247.94 | | Total Owners' Equity | 404,889,342.49 | Parent Company Income Statement (Year-to-Date) | Parent Company Income Statement Item | Current Period Amount (RMB) | | :--- | :--- | | Operating Revenue | 34,890,279.78 | | Net Profit | -4,311,451.76 | [Notes on Financial Statement Adjustments](index=26&type=section&id=Notes%20on%20Financial%20Statement%20Adjustments) The company adopted the new revenue recognition standard from January 1, 2020, reclassifying "Advances from Customers" to "Contract Liabilities," which did not impact total assets, liabilities, or equity - The company adopted the new revenue recognition standard from January 1, 2020, and adjusted relevant financial statement items at the beginning of the year[62](index=62&type=chunk) - The main adjustment involved reclassifying **11,873,377.49 RMB** from "Advances from Customers" to "Contract Liabilities" in the consolidated statements, with no impact on net assets[64](index=64&type=chunk) [Audit Report](index=32&type=section&id=Audit%20Report) The company's third-quarter report for 2020 is unaudited - The company's third-quarter report is unaudited[71](index=71&type=chunk)

深圳王子新材料股份有限公司 2020 年半年度报告 2020 年 08 月 深圳王子新材料股份有限公司 2020 年半年度报告全文 第一节 重要提示、目录和释义 本半年度报告中有涉及公司经营和发展战略等未来计划的前瞻性陈述，该 计划不构成公司对投资者的实质承诺，请投资者注意投资风险。 敬请广大投资者注意投资风险，详细内容见本报告"第四节 经营情况讨论 与分析"中"十、公司面临的风险和应对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1/127 | 目录 | | --- | | 2020 | 年半年度报告 1 | | --- | --- | | 第一节 | 重要提示、目录和释义 4 | | 第二节 | 公司简介和主要财务指标 7 | | 第三节 | 公司业务概要 10 | | 第四节 | 经营情况讨论与分析 23 | | 第五节 | 重要事项 32 | | 第六节 | 股份变动及股东情况 35 | | 第七节 | 优先股相关情况 36 | | 第八节 | 可转换公司债券相关情况 37 | | 第九节 | 董事、监事、高级管理人员情况 37 | | 第十节 | 公司债相关情况 38 | | 第 ...

[Report Cover and Important Notice](index=1&type=section&id=Report%20Cover%20and%20Important%20Notice) [Important Notice](index=2&type=section&id=Important%20Notice) The company's management and financial officers guarantee the truthfulness and completeness of this quarterly report and its financial statements - Company management guarantees the truthfulness, accuracy, and completeness of this report, free from false records, misleading statements, or material omissions[3](index=3&type=chunk) - Company principal Wang Jinjun, head of accounting Qu Lemin, and head of accounting department Qu Xiaofen declare and guarantee the truthfulness, accuracy, and completeness of the financial statements[4](index=4&type=chunk) [Company Profile](index=3&type=section&id=Company%20Profile) [Key Accounting Data and Financial Indicators](index=3&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2020, operating revenue slightly increased by 2.42%, while net profit attributable to shareholders significantly decreased by 38.68%, and total assets declined by 4.76% 2020 Q1 Key Financial Indicators | Indicator | Current Period ($) | Prior Period ($) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 238,244,388.06 | 232,605,043.36 | 2.42% | | Net Profit Attributable to Shareholders | 7,016,833.47 | 11,443,341.10 | -38.68% | | Net Profit Attributable to Shareholders (Excluding Non-Recurring Items) | 5,942,133.64 | 11,449,967.15 | -48.10% | | Net Cash Flow from Operating Activities | 28,471,055.12 | 31,814,448.23 | -10.51% | | Basic Earnings Per Share ($/share) | 0.05 | 0.08 | -37.50% | - Total non-recurring gains and losses during the reporting period amounted to **$1,074,699.83**, primarily from **$1.44 million** in government grants[8](index=8&type=chunk) [Shareholder Information](index=4&type=section&id=Shareholder%20Information) As of the period-end, the company had 7,269 common shareholders, with controlling shareholder Wang Jinjun holding 38.35% of shares, a portion of which are pledged, and related family members among the top ten - Total common shareholders at the end of the reporting period were **7,269**[10](index=10&type=chunk) - Controlling shareholder Wang Jinjun holds **38.35%** of shares, with **29,880,000** of his **54,732,435** shares pledged[10](index=10&type=chunk) - Among the top ten shareholders, Wang Jinjun, Wang Wujun, Wang Xiaojun, and Wang Juan are family members, constituting related parties[10](index=10&type=chunk) [Significant Events](index=6&type=section&id=Significant%20Events) [Analysis of Major Financial Data Changes](index=6&type=section&id=Analysis%20of%20Major%20Financial%20Data%20Changes) Significant financial changes include increased cash, short-term borrowings, and financing cash flow due to bank loans, a 137% rise in R&D expenses from a merger, and higher investing cash outflow for industrial park construction Financial Data Changes and Reasons | Item | Change (%) | Reason | | :--- | :--- | :--- | | Cash and Cash Equivalents | 40% | Due to increased sales collections and bank borrowings in the current period | | Short-term Borrowings | 75% | Due to new bank borrowings in the current period | | Research and Development Expenses | 137% | Due to the merger of Dongguan Qunzan in the current period | | Net Cash Flow from Investing Activities | -74% | Due to payments for Zhengzhou Wangzi and Chengdu Xinzheng Industrial Park construction in the current period | | Net Cash Flow from Financing Activities | 175% | Due to increased cash inflow from bank borrowings in the current period | [Progress of Significant Matters](index=6&type=section&id=Progress%20of%20Significant%20Matters) The company is expanding globally by investing up to $20 million to establish a Thai subsidiary for consumer electronics and eco-friendly packaging, which was registered in March 2020 - The company plans to invest up to **$20 million** to establish a second-tier subsidiary, 'Wangzi (Thailand) Co., Ltd.', in Thailand to expand into the Southeast Asian consumer electronics and eco-friendly packaging markets[15](index=15&type=chunk) - The Thai subsidiary completed its registration procedures and obtained registration certificates on March 20, 2020[16](index=16&type=chunk)[17](index=17&type=chunk) [Other Significant Matters](index=7&type=section&id=Other%20Significant%20Matters) During the reporting period, the company had no share repurchases, overdue unfulfilled commitments, securities investments, wealth management, derivative investments, illegal external guarantees, or non-operating fund occupation by controlling shareholders - During the reporting period, the company had no share repurchases, securities investments, wealth management, or derivative investments[17](index=17&type=chunk)[18](index=18&type=chunk)[19](index=19&type=chunk) - The company had no illegal external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[21](index=21&type=chunk)[22](index=22&type=chunk) [Financial Statements](index=9&type=section&id=Financial%20Statements) [Consolidated Balance Sheet](index=9&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2020, total assets decreased by 4.76% to $1.145 billion, total liabilities decreased by 13.38% to $398 million, and equity attributable to the parent increased by 1.07% to $663 million Consolidated Balance Sheet Key Items (March 31, 2020) | Item | March 31, 2020 ($) | December 31, 2019 ($) | Change | | :--- | :--- | :--- | :--- | | Total Assets | 1,145,440,302.51 | 1,202,713,562.28 | -4.76% | | Total Liabilities | 398,331,539.72 | 459,841,619.45 | -13.38% | | Equity Attributable to Parent Company | 663,303,436.56 | 656,286,603.09 | 1.07% | | Cash and Cash Equivalents | 142,479,669.31 | 101,466,782.16 | 40.42% | | Accounts Receivable | 330,159,353.76 | 447,057,538.21 | -26.15% | | Short-term Borrowings | 70,000,000.00 | 40,055,791.65 | 74.76% | [Consolidated Income Statement](index=14&type=section&id=Consolidated%20Income%20Statement) In Q1 2020, operating revenue grew 2.42% to $238.24 million, but increased operating costs, particularly R&D and sales expenses, led to a 52.66% decline in operating profit and a 38.68% drop in net profit attributable to the parent Consolidated Income Statement Key Items (2020 Q1) | Item | Current Period ($) | Prior Period ($) | Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 238,244,388.06 | 232,605,043.36 | 2.42% | | Total Operating Costs | 235,385,627.69 | 219,621,613.95 | 7.18% | | Operating Profit | 7,656,221.48 | 16,172,051.45 | -52.66% | | Net Profit Attributable to Parent Company | 7,016,833.47 | 11,443,341.10 | -38.68% | | Basic Earnings Per Share | 0.05 | 0.08 | -37.50% | - R&D expenses increased by **137%** (from **$1.38 million** to **$3.26 million**), and sales expenses increased by **17.7%** (from **$15.47 million** to **$18.21 million**), significantly contributing to the profit decline[36](index=36&type=chunk) [Consolidated Cash Flow Statement](index=18&type=section&id=Consolidated%20Cash%20Flow%20Statement) Net cash from operating activities was $28.47 million (down 10.51%), investing activities had a net outflow of $15.82 million, and financing activities had a net inflow of $27.65 million due to new borrowings, increasing period-end cash to $142 million Consolidated Cash Flow Statement Key Items (2020 Q1) | Item | Current Period ($) | Prior Period ($) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 28,471,055.12 | 31,814,448.23 | | Net Cash Flow from Investing Activities | -15,824,212.07 | -9,100,917.46 | | Net Cash Flow from Financing Activities | 27,653,528.33 | 10,063,616.66 | | Net Increase in Cash and Cash Equivalents | 41,012,887.15 | 32,468,975.31 | - Cash inflow from financing activities primarily stemmed from **$40 million** in new borrowings[43](index=43&type=chunk) [Audit and Adjustment Notes](index=21&type=section&id=Audit%20and%20Adjustment%20Notes) The company's Q1 2020 report is unaudited, and no financial statement adjustments were made due to the initial adoption of new revenue or lease standards during this period - The company's first-quarter report is unaudited[48](index=48&type=chunk) - During the reporting period, the company did not adjust its financial statements due to the initial adoption of new revenue or lease standards[48](index=48&type=chunk)

深圳王子新材料股份有限公司 2019 年年度报告 2020 年 04 月 深圳王子新材料股份有限公司 2019 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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：保证年度报告中财务报告的真实、准确、完整。 | 第一节 | 重要提示、目录和释义 1 | | --- | --- | | 第二节 | 公司简介和主要财务指标 5 | | 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 31 | | 第六节 | 股份变动及股东情况 50 | | 第七节 | 优先股相关情况 56 | | 第八节 | 可转换公司债券相关情况 57 | | 第九节 | 董事、监事、高级管理人员和员工情况 58 | | 第十节 | 公司治理 68 | | 第十一节 | 公司债券相关情况 74 | | 第十二节 | 财务报告 75 | | 第十三节 | 备查 ...

深圳王子新材料股份有限公司 2019 年第三季度报告 2019 年 10 月 深圳王子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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：保证季度报告中财务报表的真实、准确、完整。 1 深圳王子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 □ 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） | 1,151,204,291.84 | 1,040,782,930.10 | | 10.61% | | 归属于上市公司股东的净资产（元） | 625,365,531.62 | 580,920,943.79 | | ...

深圳王子新材料股份有限公司 2019 年半年度报告 2019 年 08 月 深圳王子新材料股份有限公司 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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：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。 本报告中有涉及公司经营和发展战略等未来计划的前瞻性陈述，该计划不 构成公司对投资者的实质承诺，请投资者注意投资风险。 敬请广大投资者注意投资风险，详细内容见本报告"第四节 经营情况讨论 与分析"中"十、公司面临的风险和应对措施"。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 | 第一节 重要提示、目录和释义 1 | | --- | | 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 25 | | 第六节 股份变动及股东 ...

深圳王子新材料股份有限公司 2019 年第一季度报告全文 深圳王子新材料股份有限公司 2019 年第一季度报告 2019 年 04 月 1 深圳王子新材料股份有限公司 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。 公司负责人王进军、主管会计工作负责人屈乐明及会计机构负责人(会计主 管人员)渠晓芬声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳王子新材料股份有限公司 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 □ 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） | 232,605,043.36 | 133,344,690.79 | 74.44% | | 归属于上市公司股东的净利润（元） | 11,443,341.10 | 6,5 ...