广东英联包装股份有限公司 2021 年第三季度报告 债券代码：128079 债券简称：英联转债 证券代码：002846 证券简称：英联股份 公告编号：2021-084 广东英联包装股份有限公司 2021 年第三季度报告 本公司及全体董事会成员保证信息披露内容真实、准确和完整，没有虚假记载、误导性 陈述或重大遗漏。 重要内容提示： 1、董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、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。 2、公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3、第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 | 基本每股收益（元/股） | 0.0657 | 1.23% | 0.1686 | -21.65% | | --- | --- | --- | --- | --- | | 稀释每股收益（元/股） | 0.0657 | 1.55% | 0.1686 | -20.43% | | 加权平均净资产收益率 | 2.48% | -0.18% | 6.45% | -2.55% ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥845,803,270.27, representing a 62.26% increase compared to ¥521,272,208.50 in the same period last year[24]. - The net profit attributable to shareholders of the listed company decreased by 29.98% to ¥32,723,969.20 from ¥46,733,986.88 in the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥29,325,063.31, down 30.82% from ¥42,389,224.66 year-on-year[24]. - The net cash flow from operating activities increased by 49.43% to ¥53,438,960.10, compared to ¥35,762,339.89 in the same period last year[24]. - The total assets at the end of the reporting period were ¥2,173,091,188.07, a 19.95% increase from ¥1,811,702,876.16 at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company increased by 1.36% to ¥829,354,602.54 from ¥818,215,961.53 at the end of the previous year[24]. - The basic earnings per share decreased by 31.54% to ¥0.1029 from ¥0.1503 in the same period last year[24]. - The diluted earnings per share also decreased by 30.10% to ¥0.1029 from ¥0.1472 year-on-year[24]. - The weighted average return on net assets was 3.97%, down from 6.34% in the previous year, a decrease of 2.37%[24]. - The comprehensive gross profit margin decreased from 23.24% in the same period last year to 14.78% due to rising raw material costs and increased proportion of low-margin products[44]. Business Operations - The company specializes in the research, production, and sales of metal packaging products, focusing on safety, environmental protection, and ease of opening[32]. - The company’s core products include metal easy-open lids, primarily used in fast-moving consumer goods packaging[33]. - The company operates under a mixed production model of "order-based production" and "planned production" to meet customer demands efficiently[38]. - The company emphasizes direct sales to end-users, enhancing its market proximity and understanding of customer needs[38]. - The company has established itself as a leading player in the domestic dry powder easy-open lid market, with significant advantages in market scale, production capacity, and product quality[47]. - The company has developed a low-consumption, high-strength two-layer porcelain coating structure that addresses technical challenges in the market, enhancing its product offering for high-acid food[47]. - The company has a diverse product line that meets various customer needs, allowing for efficient resource utilization and reduced market expansion costs[45]. - The company has established partnerships with well-known brands such as Nestlé and Unilever, which supports its stable development and enhances its market position[50]. - The company exports its products to nearly 30 countries and regions, indicating a strong international market presence[46]. Research and Development - The company has accumulated 162 authorized patents, including 12 invention patents, demonstrating its strong commitment to technological innovation[51]. - The company has made significant advancements in material reduction technology, which helps control production costs and aligns with industry trends towards sustainability[54]. - Research and development expenses rose by 69.75% to ¥24,445,027.40, reflecting increased investment in R&D activities[62]. - The company has established a professional R&D team and implemented a reasonable employee compensation plan to retain core technical personnel, addressing the risk of talent loss in a competitive industry[105]. - The company has applied for multiple technology patents and emphasizes the importance of continuous R&D investment to maintain its core competitiveness in the fast-moving consumer goods sector[105]. Market Conditions and Risks - The metal packaging industry in China is experiencing stable growth, with the country being the second-largest packaging producer globally[41]. - The company faces risks from fluctuations in raw material prices, particularly aluminum and tinplate, which significantly impact product costs and gross margins[2]. - The rapid consumer goods market demand is closely tied to macroeconomic conditions, with potential risks of a slowdown affecting packaging demand[2]. - The company is at risk of declining gross margins due to increased competition and the entry of new players in the market[2]. - High inventory levels pose a risk, as the company needs to maintain substantial stock to meet diverse product demands[2]. - The company’s export products benefit from a 13% VAT rebate, which could be adversely affected by any policy changes[2]. - The company is undergoing a re-certification process for its high-tech enterprise status, which, if unsuccessful, may impact its tax rate and net profit[2]. - The company faces potential relocation risks due to urban development plans that may affect its current production site[2]. Financial Management - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥33,537,027.47, compared to a decrease of ¥51,022,778.00 in the previous year, indicating improved cash flow management[62]. - The company has established long-term stable relationships with major raw material suppliers, ensuring timely supply and enhancing production efficiency[56]. - The company has implemented strict internal controls for futures hedging, ensuring that the scale of hedging does not exceed the board-approved limits[80]. - The company aims to mitigate the impact of raw material price fluctuations on operating profits through its hedging activities[80]. - The company has not engaged in speculative trading, focusing solely on hedging to stabilize costs[80]. - The company has established a management system for futures hedging, detailing limits, product scope, and internal processes[80]. Corporate Governance - The company held its annual general meeting with a participation rate of 66.99% on March 5, 2021, and a temporary shareholders' meeting with a participation rate of 66.57% on April 20, 2021[109]. - The company has implemented an employee stock incentive plan, with 264.32 million restricted shares granted to 76 individuals as part of its 2017 incentive plan[116]. - The company has adjusted the number of reserved restricted shares to 540,800 due to changes in the eligibility of certain incentive participants[117]. - The company has successfully completed the repurchase and cancellation of 108,800 restricted shares held by five incentive participants who no longer meet the conditions for unlocking[118]. - The total number of shares after the cancellation of restricted shares was adjusted from 194,643,200 to 194,534,400[119]. - The company approved the repurchase and cancellation of 156,640 restricted stocks at a grant price of 10.95 CNY per share due to the departure and disqualification of 8 incentive targets[120]. - The total number of ordinary shareholders at the end of the reporting period was 24,128[187]. - Major shareholder Weng Weiwu holds 29.04% of the shares, totaling 92,467,200 shares, with an increase of 34,675,200 shares during the reporting period[187]. - The company reported a total compensation of 79,728,000 for its board members and executives during the reporting period[190]. - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period[191]. Environmental Responsibility - The company has implemented a waste gas treatment system with a capacity of 60,000 Nm³/h, which has been operating effectively since 2017[127]. - The company has not faced any significant environmental issues or major environmental accidents during the reporting period[127]. - The company has received various environmental permits, including the National Pollutant Discharge Permit in August 2020[129]. - The company conducts regular monitoring of waste gas emissions and engages third-party organizations for comprehensive environmental monitoring every six months[131]. - The company has established an emergency response plan for environmental incidents to ensure quick and effective handling of emergencies[130]. - The company actively engages in social responsibility, focusing on employee development and stakeholder value creation[133].

Financial Performance - The company's revenue for Q1 2021 was CNY 397,854,593.75, representing a 97.08% increase compared to CNY 201,875,885.92 in the same period last year[7]. - Net profit attributable to shareholders was CNY 15,980,153.22, a 3.48% increase from CNY 15,442,671.22 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was CNY 14,873,351.69, up 22.25% from CNY 12,166,349.47 in the previous year[7]. - Basic earnings per share were CNY 0.0503, a slight increase of 1.00% from CNY 0.0498 in the same period last year[7]. - The company reported a gross profit margin of approximately 6.0% for Q1 2021, compared to 6.0% in Q1 2020, indicating stable profitability despite increased costs[48]. - The total comprehensive income attributable to the parent company was CNY 15,980,153.22, compared to CNY 15,442,671.22 in the previous period, reflecting a growth of 3.5%[50]. Cash Flow - The net cash flow from operating activities was CNY 34,382,823.08, a significant improvement of 419.03% compared to a negative cash flow of CNY 10,777,462.07 in the same period last year[7]. - The cash flow from operating activities generated a net inflow of CNY 34,382,823.08, a turnaround from a net outflow of CNY 10,777,462.07 in the previous period[57]. - Cash inflow from operating activities totaled ¥158,251,978.34, up from ¥110,643,257.19, indicating a growth of approximately 43%[59]. - Cash outflow from operating activities rose to ¥146,584,928.69 from ¥116,962,808.14, reflecting an increase of about 25%[59]. - The cash flow from financing activities showed a net inflow of CNY 48,609,285.42, compared to CNY 43,623,934.26 in the previous period, indicating a positive trend in financing[58]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,990,313,118.26, reflecting a 9.86% increase from CNY 1,811,702,876.16 at the end of the previous year[7]. - The total liabilities of the company were CNY 1,126,524,645.53, compared to CNY 942,719,803.04 at the end of 2020, indicating an increase of approximately 19.5%[41]. - The company's equity increased to CNY 863,788,472.73 from CNY 868,983,073.12, showing a slight decrease[41]. - The total assets increased by 113.88% in prepayments, amounting to ¥58,061,024.19, due to the growth in production and sales of can lids[16]. - The total liabilities decreased to ¥942,719,803.04 from ¥955,091,100.73, reflecting a reduction of about 1.3%[66]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,771[11]. - The total equity attributable to shareholders of the parent company was CNY 794.75 million, slightly down from CNY 799.42 million, a decrease of 0.8%[45]. Research and Development - Research and development expenses rose by 82.26% to ¥10,234,476.49, reflecting increased investment in R&D activities[17]. - Research and development expenses for Q1 2021 were CNY 10.23 million, up from CNY 5.62 million in the previous year, reflecting an increase of 82.5%[48]. Acquisitions and Investments - The company completed the acquisition of 76.60% of ManGuang Packaging, with a total investment of CNY 12,256.00 million, and the cumulative investment reached CNY 11,131.34 million[29]. - The construction of the intelligent production base has seen a cumulative investment of CNY 20,494.07 million, with an investment progress completion rate of 93.52%[28]. Financial Management - The company reported non-recurring gains of CNY 1,106,801.53, primarily from government subsidies and asset disposals[8]. - The company's financial expenses decreased by 35.71% to ¥3,331,477.95, attributed to foreign exchange gains from the depreciation of the Swiss franc[17].

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in 2020, reaching a total revenue of 1.2 billion RMB[12]. - The company's operating revenue for 2020 was ¥1,332,182,835.17, representing a 13.82% increase compared to ¥1,170,391,277.96 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥77,613,584.64, a decrease of 2.68% from ¥79,749,268.65 in 2019[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥70,738,593.90, down 9.48% from ¥78,144,726.23 in 2019[18]. - The company achieved a revenue of CNY 1.332 billion, representing a year-on-year growth of 13.82%[56]. - The net profit attributable to shareholders was CNY 77.61 million, a decrease of 2.68% compared to the previous year[56]. - The company's revenue for the metal products industry reached ¥1,332,182,835.17, representing a year-on-year increase of 13.82%[65]. Dividend and Share Capital - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares (including tax) to all shareholders based on a total of 198,932,800 shares, and will also increase capital reserves by converting 6 shares for every 10 shares held[4]. - The total distributable profit for the parent company was 252,119,181.53 yuan as of the end of 2020[155]. - A cash dividend of 1.5 yuan per 10 shares was proposed, totaling 29,839,920.00 yuan[152]. - The cash dividend payout ratio for 2020 was 38.45% of the net profit attributable to shareholders[154]. - The company plans to increase its total share capital by 119,359,680 shares through a capital reserve transfer, resulting in a new total of 318,292,480 shares[152]. - The company’s total share capital as of December 31, 2020, was 198,932,800 shares[155]. Market Expansion and Strategy - The company is focusing on expanding its market presence, particularly in the packaging sector, aiming for a 20% increase in market share over the next three years[12]. - The company anticipates a revenue growth forecast of 12% for the upcoming fiscal year, driven by new product launches and market expansion efforts[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2025[179]. - A strategic acquisition of a local competitor is anticipated to enhance production capacity by 40%[178]. - The company is committed to a global development strategy, enhancing marketing efforts and localizing sales teams to accelerate overseas market development[116]. Research and Development - The company has invested heavily in R&D, allocating 8% of its total revenue to develop new packaging technologies and products[12]. - The company is focusing on developing differentiated new products, which has led to an increase in R&D expenses[57]. - The company is focusing on developing new technologies such as aluminum foil easy-open lids and corrosion-resistant coatings, which are progressing well[73]. - The company is investing 100 million RMB in R&D for new technologies aimed at improving production efficiency[177]. Operational Efficiency and Production - The company has successfully launched three new product lines in 2020, contributing to a 5% increase in overall sales volume[12]. - The company has implemented lean production practices to quickly adjust production based on market demand, reducing production cycles[50]. - The company is advancing the construction of production bases in Yangzhou and Shantou to mitigate relocation risks and enhance production capacity[59]. - The new Shantou base's construction is nearly complete, with plans to relocate all production equipment without disrupting operations[116]. Sustainability and Corporate Responsibility - The company is committed to sustainability, with plans to reduce packaging waste by 30% over the next five years through innovative design and materials[12]. - The company aims to enhance its brand influence in the fast-moving consumer goods metal packaging industry, striving to become a well-known brand with strong competitiveness[52]. Risks and Challenges - The company faces risks from fluctuations in raw material prices, particularly aluminum and tinplate, which significantly impact product costs and gross margins[120]. - The company is at risk of declining gross margins due to increased competition and the potential entry of new players in the market[124]. - The company is exposed to risks from changes in export tax rebate policies, which could affect the competitiveness and profitability of its products[128]. - The company is facing risks related to property mortgage as it has secured loans from banks using assets such as real estate and equipment as collateral[132]. - The company is undertaking a fundraising project for the smart production base, which aims to enhance business scale and market position, but adverse market conditions could impact expected benefits[139]. Compliance and Governance - The management committed to maintaining strict compliance with regulatory requirements to avoid penalties and ensure shareholder protection[180]. - The company has pledged to uphold transparency in financial reporting, ensuring no misleading statements or omissions in disclosures[177]. - The company has not faced any penalties or rectification issues during the reporting period[196]. Future Outlook - The company has set a future outlook with a revenue target of 2 billion RMB for the next fiscal year, aiming for a 33% growth[179]. - New product launches are expected to contribute an additional 300 million RMB in revenue, with a focus on eco-friendly packaging solutions[178].

广东英联包装股份有限公司 2020 年第三季度报告全文 广东英联包装股份有限公司 2020 年第三季度报告 2020 年 10 月 1 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 广东英联包装股份有限公司 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。 公司负责人翁伟武、主管会计工作负责人黄咏松及会计机构负责人(会计主 管人员)陈莉纯声明：保证季度报告中财务报表的真实、准确、完整。 2 广东英联包装股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 | | 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） | 1,772,501,709.63 | | 1,461,938,560.71 | 21.24% | | 归属于上市公司股东的净资产 | 807,857,788 ...

广东英联包装股份有限公司 2020 年半年度报告全文 广东英联包装股份有限公司 2020 年半年度报告 2020 年 08 月 1 广东英联包装股份有限公司 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。 公司负责人翁伟武、主管会计工作负责人黄咏松及会计机构负责人(会计主 管人员)陈莉纯声明：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。 半年度报告中涉及公司未来计划等前瞻性的陈述，不构成公司对投资者的 实质承诺，投资者及相关人士应对此保持足够的风险认识，并且应当理解计划、 预测与承诺之间的差异。公司在本报告第四节"经营情况讨论与分析"中"十、公 司面临的风险和应对措施"部分，详细描述了公司经营中可能存在的风险及应对 措施，敬请投资者关注相关内容。 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 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 2 | | | --- | - ...

Financial Performance - The company's revenue for Q1 2020 was CNY 201,875,885.92, representing a decrease of 27.33% compared to CNY 277,801,158.33 in the same period last year[7]. - Net profit attributable to shareholders was CNY 15,442,671.22, down 29.77% from CNY 21,990,225.54 year-on-year[7]. - The net profit after deducting non-recurring gains and losses was CNY 12,166,349.47, a decline of 43.31% compared to CNY 21,460,591.84 in the previous year[7]. - Basic earnings per share decreased by 30.07% to CNY 0.0800 from CNY 0.1144 in the previous year[7]. - Net profit for Q1 2020 was CNY 14,826,087.65, compared to CNY 24,837,478.43 in the same period last year, representing a decline of approximately 40.3%[42]. - Operating profit for the first quarter was CNY 15,171,021.90, compared to CNY 15,312,701.86 in the previous year, indicating a slight decrease of about 1%[46]. - The company reported a tax expense of CNY 1,682,338.12 for the quarter, down from CNY 1,791,286.28 in the previous year, reflecting a decrease of approximately 6%[46]. Cash Flow - The net cash flow from operating activities was negative CNY 10,777,462.07, a significant decrease of 131.19% from CNY 34,553,614.23 in the same period last year[7]. - Cash inflow from operating activities totaled CNY 218,485,322.52, down from CNY 245,918,372.90 year-on-year, representing a decline of approximately 11%[49]. - Cash outflow from operating activities was CNY 229,262,784.59, an increase from CNY 211,364,758.67 in the previous year, marking an increase of about 8%[50]. - The cash flow from investment activities was negative at CNY -62,065,691.90, compared to CNY -17,234,826.02 in the previous year, indicating a significant increase in cash outflow[50]. - The total cash inflow from financing activities was CNY 93,531,167.85, an increase from CNY 77,264,665.63 in the previous year, reflecting an increase of about 21%[51]. - The cash outflow from financing activities was 12,453,808.80 CNY in Q1 2020, compared to 21,737,687.24 CNY in the same period last year, showing a decrease of approximately 42.9%[54]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,497,044,807.96, an increase of 2.40% from CNY 1,461,938,560.71 at the end of the previous year[7]. - Current assets decreased to CNY 630,927,748.64 from CNY 643,629,352.01, representing a decline of about 2.0%[33]. - Total liabilities increased to CNY 709,525,978.08 from CNY 702,764,916.37, showing a slight rise of around 1.1%[35]. - The company's equity attributable to shareholders reached CNY 736,869,876.10, up from CNY 709,928,112.32, reflecting an increase of approximately 3.8%[36]. - Total liabilities amounted to CNY 487,415,542.67, with non-current liabilities at CNY 195,159,440.33[62]. - The company's total equity as of December 31, 2019, was 759,173,644.34 CNY, indicating a stable equity position[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 8,097[10]. - The company plans a non-public issuance of A-shares, pending approval from the China Securities Regulatory Commission[20]. Other Financial Metrics - The weighted average return on equity was 2.15%, down from 3.77% in the previous year, a decrease of 1.62%[7]. - Research and development expenses for Q1 2020 were CNY 5,615,308.98, down from CNY 7,256,039.94 in the previous period[41]. - The company reported a credit impairment loss of CNY 1,661,723.44, compared to a loss of CNY -1,208,898.62 in the previous period[41]. - The company has implemented new revenue and leasing standards starting January 1, 2020, which may impact future financial reporting[55]. - The company adopted the new revenue recognition standard starting January 1, 2020, impacting the financial statements[63]. - The first quarter report for 2020 was not audited[63].

Financial Performance - The company's operating revenue for 2019 was CNY 1,170,391,277.96, representing a 42.91% increase compared to CNY 818,956,457.94 in 2018[17]. - The net profit attributable to shareholders for 2019 was CNY 79,749,268.65, an increase of 89.32% from CNY 42,123,147.26 in 2018[17]. - The net cash flow from operating activities reached CNY 176,624,361.62, showing a significant increase of 99.78% compared to CNY 88,409,123.62 in the previous year[17]. - The basic earnings per share for 2019 was CNY 0.41, up 86.36% from CNY 0.22 in 2018[17]. - The total assets at the end of 2019 were CNY 1,461,938,560.71, a 30.24% increase from CNY 1,122,507,170.45 at the end of 2018[18]. - The weighted average return on equity for 2019 was 12.83%, an increase of 5.12 percentage points from 7.71% in 2018[18]. - The company achieved a revenue of CNY 1.17 billion in 2019, representing a year-on-year growth of 42.91%[52]. - Net profit attributable to shareholders reached CNY 79.75 million, an increase of 89.32% compared to the previous year[52]. - The cash flow from operating activities was CNY 177 million, up 99.78% year-on-year[52]. Dividend Distribution - The company reported a cash dividend of 1.3 RMB per 10 shares for all shareholders, based on a total of 194,377,760 shares[4]. - For the 2019 fiscal year, the company proposed a cash dividend of RMB 1.3 per 10 shares, amounting to RMB 25,269,108.80, with a distributable profit of RMB 201,893,511.94[149]. - The cash dividend for 2019 represents 31.69% of the net profit attributable to shareholders, which was RMB 79,749,268.65[146]. - The company maintained a stable profit distribution policy without any adjustments during the reporting period[140]. - The total distributable profit for 2018 was RMB 150,736,665.25, with a cash dividend of RMB 9,726,720[143]. Business Operations and Strategy - The company has not changed its main business since its listing, indicating stability in operations[15]. - The company has maintained its focus on the fast-moving consumer goods sector, specializing in "safe, environmentally friendly, and easy-to-open" metal packaging products[27]. - The company plans to continue expanding its product offerings and enhancing its production capabilities to meet diverse customer needs[31]. - The company exports products to nearly 30 countries and regions globally, mitigating the impact of demand fluctuations in a single market[37]. - The company leads the domestic dry powder easy-open lid market in terms of market scale, production capacity, and product quality[38]. Research and Development - The company has established a professional R&D team and has applied for multiple technology patents, but insufficient investment in R&D could weaken future competitiveness[131]. - R&D investment increased by 71.17% to ¥30,914,049.12 in 2019, accounting for 2.64% of operating revenue[74]. - The company is committed to developing new products and technologies, particularly in reducing material usage in easy-open lid products to lower manufacturing costs and improve competitiveness[118]. Risks and Challenges - The company faces risks from fluctuations in consumer demand for fast-moving consumer goods, which are influenced by macroeconomic conditions and disposable income levels[120]. - Raw material price volatility poses a significant risk, as aluminum and tinplate constitute a large portion of the company's costs, potentially impacting profitability if prices rise[120]. - Increased market competition is a concern, as new entrants may affect the company's market share if it fails to expand its customer base and improve product quality[120]. - The company has experienced performance fluctuations due to raw material price changes, exchange rate variations, and intensified competition, which may continue to impact future results[122]. Shareholder Commitments and Governance - The actual controller and shareholders of Guangdong Yinglian Packaging Co., Ltd. have committed to maintaining consistent voting rights and decision-making during the exercise of their rights, including board and shareholder meeting proposals[152]. - The company has committed to not engaging in any business that competes with its own operations, ensuring no direct or indirect competition arises[160]. - The commitments made by the controlling shareholder are designed to protect the interests of all shareholders[160]. - The company will ensure that any income gained from non-compliance with commitments will be returned to the company[157]. Financial Reporting and Compliance - Changes in accounting policies include the implementation of new financial reporting formats and standards, approved by the board of directors[184]. - The company recognized a credit impairment loss of RMB -1,339,976.09 for the year 2019, reflecting the expected credit losses on financial assets[185]. - The total amount of accounts receivable reported at the end of the year was RMB 198,875,484.18, indicating a significant asset base[187]. - The company executed new accounting standards related to financial instruments, which required retrospective adjustments for prior periods[186]. Capital Expenditure and Investments - The total investment in the production base construction project amounted to CNY 201.58 million, with a cumulative actual investment of CNY 381.49 million, achieving 90.40% of the planned progress[90]. - The company completed a significant equity investment of ¥200,000,000 in a new subsidiary, holding a 95% stake[87]. - The company is constructing two production bases, with the Shantou intelligent production base expected to be completed in 2020 and the Yangzhou beverage easy-open lid project progressing through planning stages[118].

广东英联包装股份有限公司 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。 公司负责人翁伟武、主管会计工作负责人黄咏松及会计机构负责人(会计主 管人员)陈莉纯声明：保证季度报告中财务报表的真实、准确、完整。 广东英联包装股份有限公司 2019 年第三季度报告 2019 年 10 月 1 广东英联包装股份有限公司 2019 年第三季度报告全文 2 广东英联包装股份有限公司 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） | 1,302,604,304.21 | 1,122,507,170.45 | | 16.04% | | 归属于上市公司股东的净资产 | 635,602,459 ...

Financial Performance - The company's operating revenue for the first half of 2019 was RMB 552,419,568.51, representing a 67.80% increase compared to RMB 329,206,905.38 in the same period last year[18]. - The net profit attributable to shareholders of the listed company reached RMB 43,156,636.88, a significant increase of 207.79% from RMB 14,021,522.70 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 42,343,772.34, up 313.80% from RMB 10,232,921.85 in the same period last year[18]. - The net cash flow from operating activities was RMB 57,416,577.82, an increase of 29.11% compared to RMB 44,469,657.17 in the previous year[18]. - Basic earnings per share rose to RMB 0.2237, a 209.41% increase from RMB 0.0723 in the same period last year[18]. - The company's total liabilities increased to CNY 333,107,901.79, up from CNY 251,470,924.19, indicating a rise of 32.4%[182]. - The financial report for the first half of 2019 was not audited, which may impact the reliability of the financial data presented[172]. Assets and Equity - Total assets at the end of the reporting period were RMB 1,216,350,389.02, an increase of 8.36% from RMB 1,122,507,170.45 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were RMB 612,525,808.22, up 7.82% from RMB 568,086,633.74 at the end of the previous year[18]. - The total equity attributable to shareholders rose to RMB 612,525,808.22 from RMB 568,086,633.74, reflecting an increase of about 7.8%[177]. - The total equity of the company reached CNY 592,507,882.24, an increase from CNY 554,911,685.07, reflecting a growth of 6.8%[182]. Investments and R&D - Research and development expenses surged by 124.46% to ¥15,183,101.87, reflecting the company's increased investment in R&D and the consolidation of Guangdong Manguan[49]. - The company has accumulated 113 authorized patents, including 11 invention patents, demonstrating its commitment to innovation[39]. - The company has implemented a comprehensive quality control process, ensuring high product safety standards through third-party testing[41]. - The company has developed a thinner can lid technology, which has led to significant material savings and cost control[40]. Market Position and Products - The company has developed a comprehensive product line covering food, beverages, and daily chemical products, enhancing its ability to meet diverse customer needs[34]. - The company leads the domestic market in dry powder easy-open lids, with significant advantages in production capacity and product quality[35]. - The company has established a competitive edge in the white porcelain easy-open lid segment, addressing corrosion issues for high-acid foods[35]. - The company maintains a low sales concentration on single customers, with products exported to nearly 30 countries and regions, mitigating risks from domestic market fluctuations[35]. Risks and Challenges - The company faces risks from fluctuations in raw material prices, particularly aluminum and tinplate, which significantly affect product costs and gross margins[78]. - The company is exposed to market competition risks, with increasing competition potentially affecting market share and operational performance[79]. - The company has a high level of inventory, which may require improved management as sales scale increases, potentially impacting liquidity[84]. - The company is at risk of production site relocation due to changes in land use policies, which could affect operations[81]. Corporate Governance and Compliance - The company has implemented an employee stock incentive plan, with 264.32 million shares granted to 76 individuals as part of the 2017 restricted stock incentive plan[110]. - The company did not engage in any related party transactions during the reporting period[116]. - The company has ongoing rental agreements with various parties, with total rental expenses of 31.93 million RMB for Shandong Xuyuan and 119.45 million RMB for Foshan Baorun[126]. - The company has received various environmental approvals for its construction projects, ensuring compliance with environmental standards[133]. Future Outlook - The company plans to continue expanding its market presence and product offerings through ongoing investments in technology and production capabilities[69]. - The company aims to strengthen its overseas market presence while consolidating its domestic market position to gradually expand its international market share[93]. - The company has committed to enhancing internal management and governance structures to support its growth strategy and ensure effective integration of acquired businesses[93].