Financial Performance - The company's operating revenue for the first half of 2018 was CNY 375,541,388.61, representing a 91.76% increase compared to CNY 195,837,574.98 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2018 was CNY 32,678,776.93, a 67.53% increase from CNY 19,506,494.18 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 31,110,111.14, up 64.92% from CNY 18,863,304.83 year-on-year[18]. - The basic earnings per share for the first half of 2018 was CNY 0.2514, a 2.40% increase compared to CNY 0.2455 in the same period last year[18]. - The weighted average return on equity for the first half of 2018 was 5.77%, up from 4.43% in the previous year[18]. - The company achieved operating revenue of ¥375,541,388.61, representing a year-on-year increase of 91.76%[46]. - The net profit attributable to shareholders reached ¥32,678,776.93, an increase of 67.53% compared to the previous year[46]. - The company reported a total profit of CNY 42,851,833.75, compared to CNY 22,628,209.66 in the previous year, an increase of approximately 89.2%[146]. - The tax expense for the period was CNY 6,732,172.49, up from CNY 3,121,715.48, indicating an increase of about 115.5%[146]. Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 968,017,930.07, a 9.06% increase from CNY 887,597,372.01 at the end of the previous year[18]. - The net assets attributable to shareholders at the end of the reporting period were CNY 572,616,410.39, reflecting a 4.06% increase from CNY 550,286,036.18 at the end of the previous year[18]. - The company's accounts receivable increased to ¥413.34 million, accounting for 42.70% of total assets, which is an increase of 11.32% from the previous year[57]. - The company reported a total liability of CNY 386,964,467.60, up from CNY 332,315,168.08, which is an increase of approximately 16.4%[138]. - Current liabilities rose to CNY 384,868,703.64, compared to CNY 328,828,348.81, reflecting an increase of about 17.0%[138]. Cash Flow - The net cash flow from operating activities was negative CNY 76,874,981.47, worsening by 18.15% compared to negative CNY 65,069,875.54 in the same period last year[18]. - The company’s cash and cash equivalents decreased by 185.95% to -¥99,547,269.50, primarily due to the absence of fundraising from the previous period[49]. - The ending balance of cash and cash equivalents was 189,358,404.39 CNY, down from 227,436,954.44 CNY in the previous period, indicating a decrease in liquidity[159]. - Cash outflow from operating activities totaled 350,926,352.23 CNY, compared to 222,845,436.43 CNY in the previous period, showing an increase in operational expenditures[158]. Investments and R&D - Research and development investment increased by 45.96% to ¥16,390,273.92, reflecting the company's commitment to innovation[49]. - The company has maintained its technological innovation as a core competitive advantage, focusing on embedded software development and communication technology applications, with significant advancements in LoRa and NB-IoT technologies[34]. - The company has established a complete industrial system for ultrasonic products, enhancing its core competitiveness in the market[44]. - The company has successfully implemented automated production and testing processes in its smart factory, improving production efficiency[45]. Market and Competition - The company is actively expanding its international market presence by accelerating product certification and establishing good relationships with overseas distributors[30]. - The company faces industry cyclical risks due to the correlation between the smart gas meter market and the overall economic development, with potential impacts from a slowing economy[80]. - Market competition is intensifying as the expansion of urban gas pipeline networks and the implementation of tiered gas pricing attract new competitors, increasing pressure on market share and profit margins[80]. Corporate Governance and Shareholder Matters - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[5]. - The company held two temporary shareholder meetings and one annual shareholder meeting during the reporting period, with investor participation rates of 49.44% and 50.53% respectively[85]. - The company reported a lock-up period of 12 months for shareholders, during which they cannot transfer or manage their shares[88]. - The company guarantees that any profits from unfulfilled share reduction commitments will be returned to the issuer within 20 days of notification[89]. Risk Management - The company has acknowledged potential risks in its operations and has outlined measures to address them in the report[4]. - The company is actively monitoring market changes and adjusting its operational strategies to mitigate identified risks[80]. Compliance and Reporting - The half-year financial report was not audited, indicating a lack of external verification for the reported figures[91]. - The financial statements of the company comply with accounting standards, accurately reflecting its financial position, operating results, and cash flows[177]. - The company has not experienced any penalties or rectification issues during the reporting period[96]. Miscellaneous - The company has established strong business relationships with major gas groups such as Honghua Gas and China Gas, enhancing its brand recognition and market competitiveness[37]. - The company has continuously improved its quality management system, achieving ISO9001 certification for 11 consecutive years and participating in the formulation of national and industry standards[38]. - The company has reported no significant environmental protection issues and has not engaged in targeted poverty alleviation initiatives during the reporting period[110].

浙江威星智能仪表股份有限公司 2018 年第一季度报告正文 证券代码：002849 证券简称：威星智能 公告编号：2018-037 浙江威星智能仪表股份有限公司 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。 公司负责人黄文谦、主管会计工作负责人陈智园及会计机构负责人(会计主 管人员)蓝献琴声明：保证季度报告中财务报表的真实、准确、完整。 1 浙江威星智能仪表股份有限公司 2018 年第一季度报告正文 第二节 公司基本情况 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 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 | 939,924.78 | 上期收到的项目补助，本期按收 | | 一标准定额或定量享受的政府补助除外） | | 益期限摊销 | | 除上述各项之外的其他营业外收入和 ...

Financial Performance - The company reported a profit distribution plan of 1.20 RMB per 10 shares (including tax) and a capital reserve increase of 5 shares for every 10 shares held[5]. - The total number of shares for the profit distribution is based on 86,666,700 shares[5]. - The company's operating revenue for 2017 was ¥501,500,787.20, representing a 28.61% increase compared to ¥389,942,168.32 in 2016[16]. - The net profit attributable to shareholders was ¥53,204,476.10, a slight increase of 1.87% from ¥52,228,604.40 in the previous year[16]. - The net profit after deducting non-recurring gains and losses was ¥47,912,499.70, up 5.20% from ¥45,543,209.61 in 2016[16]. - The company's total assets increased by 89.74% to ¥887,597,372.01 at the end of 2017, compared to ¥467,796,621.91 at the end of 2016[16]. - The net assets attributable to shareholders rose by 98.22% to ¥550,286,036.18 from ¥277,613,873.02 in 2016[16]. - The company reported a significant decrease in net cash flow from operating activities, which fell by 48.75% to ¥21,071,140.05 from ¥41,115,995.65 in 2016[16]. - The company achieved a significant increase of 2311.93% in other current assets, mainly due to an increase in deductible VAT input tax[32]. - The company reported a profit of 10,400,004.00 RMB, representing a 19.55% increase compared to 2016's profit of 9,533,337.00 RMB[120]. - The total revenue for 2017 was 53,204,476.10 RMB, up from 52,228,604.40 RMB in 2016, indicating a growth rate of approximately 1.86%[120]. Business Operations - The company operates in the intelligent meter sector, focusing on gas metering solutions[11]. - The company focuses on providing smart metering terminals and gas management systems for the urban gas industry, with a strong emphasis on technological innovation and product development[23]. - The company has developed three major product platforms: smart product platform, metering product platform, and software product platform, catering to various needs of urban gas operators[24]. - The smart gas cloud system, based on years of industry experience, was successfully launched in some companies of Honghua Gas, supporting refined management and value-added services[25]. - The company utilizes advanced ultrasonic metering technology to provide integrated metering solutions, addressing the needs of gas operators for accurate measurement and operational efficiency[25]. - The company launched its smart gas cloud system in 2017, aimed at improving efficiency and reducing management risks for small and medium gas companies[49]. - The company’s ultrasonic gas meter product line was expanded, integrating advanced metering technology with smart features[48]. - The company’s NB-IoT and LoRaWAN IoT products entered mass production, with applications in various gas companies across multiple provinces[47]. Research and Development - R&D investment reached ¥31,324,500, marking a 35.11% increase compared to the previous year[47]. - The number of R&D personnel increased by 24.22% from 128 in 2016 to 159 in 2017, with R&D personnel accounting for 24.65% of the total workforce[69]. - The company has obtained several patents, including 5 software copyrights and 4 utility model patents in 2017[34]. - The company has allocated 100 million RMB for research and development in the upcoming year to innovate new technologies[126]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 5% market share within the next two years[126]. - The company is seizing opportunities from the "Belt and Road" initiative to deepen its overseas market presence and enhance its brand competitiveness[101]. - The company intends to expand its market presence by actively pursuing the "coal-to-gas" market and enhancing its marketing system to improve efficiency and responsiveness[100]. - The company plans to optimize its product structure and accelerate technological innovation, focusing on enhancing the core advantages of its ultrasonic products and expanding the market application of new technologies like LoRa and NB-IoT[98]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and strategies, indicating potential operational risks[5]. - The company faces industry cyclical risks due to the correlation between the smart gas meter market and the overall economic development, with potential demand fluctuations anticipated as the economy enters a new normal[106]. - The company acknowledges market competition risks as the smart gas meter market expands, leading to increased competition and potential pressure on profit margins[109]. - The company plans to adapt its operational strategies in response to market changes and regulatory policies to mitigate cyclical risks[107]. Corporate Governance and Shareholder Relations - The company has a robust cash dividend policy that complies with legal regulations and ensures the protection of minority shareholders' rights[116]. - The company has committed to distributing at least 20% of the annual distributable profits as cash dividends if there are no major investment plans or significant cash expenditures[129]. - The company will ensure that the cash dividend distribution policy remains consistent and sustainable, with a focus on cash dividends as the primary form of return[130]. - The company has pledged to publicly explain any failure to fulfill commitments and apologize to shareholders and the public[130]. - The company will compensate investors for losses incurred due to non-fulfillment of commitments in securities trading[130]. Social Responsibility and Sustainability - The company emphasizes environmental protection and has obtained ISO 14001 certification for its environmental management system[164]. - The company actively engages in social responsibility initiatives, including participation in public welfare activities[165]. - The company has established a comprehensive employee rights protection system, including social insurance and training programs[162]. Shareholder Structure and Changes - The company completed a public offering of 21.67 million shares, increasing total shares from 65 million to 86.67 million[172]. - The controlling shareholder, Huang Wenqian, holds 23.15% of the company's total shares, amounting to 20,060,400 shares[181]. - The total number of shareholders increased to 13,072 by the end of the reporting period[180]. - The company experienced a management change with the appointment of Huang Huabing as the new General Manager on July 21, 2017, following the departure of Fan Huiqun[192].

浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 证券代码：002849 证券简称：威星智能 公告编号：2017-077 浙江威星智能仪表股份有限公司 2017 年第三季度报告正文 1 浙江威星智能仪表股份有限公司 2017 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。 公司负责人黄文谦、主管会计工作负责人陈智园及会计机构负责人(会计主 管人员)蓝献琴声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江威星智能仪表股份有限公司 2017 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） | 762,998,777.63 | 467,796,621.91 | | 63.10% | ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 195,837,574.98, representing a 12.82% increase compared to CNY 173,586,225.82 in the same period last year[15]. - The net profit attributable to shareholders of the listed company was CNY 19,506,494.18, a 3.11% increase from CNY 18,918,311.42 year-on-year[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 18,863,304.83, reflecting a 14.66% increase from CNY 16,451,738.35 in the previous year[15]. - The basic earnings per share decreased by 15.66% to CNY 0.2455 from CNY 0.2911 in the same period last year[15]. - The diluted earnings per share also decreased by 15.66% to CNY 0.2455 compared to CNY 0.2911 in the previous year[15]. - The weighted average return on equity was 4.43%, down 3.49% from 7.92% in the same period last year[15]. - The company reported a significant increase in revenue for the first half of 2017, with a year-on-year growth of 25%[76]. - The net profit for the current period was ¥19,703,689.27, reflecting a growth of 4.8% from ¥18,806,053.86 in the previous period[169]. Cash Flow and Assets - The net cash flow from operating activities was negative at CNY -65,069,875.54, a decline of 95.31% compared to CNY -33,316,174.93 in the same period last year[15]. - The total assets at the end of the reporting period were CNY 678,099,566.53, an increase of 44.96% from CNY 467,796,621.91 at the end of the previous year[15]. - The company's cash and cash equivalents increased by 94.05% compared to the beginning of the period, primarily due to the receipt of raised investment funds[28]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥237,942,579.31, representing 35.09% of total assets, an increase of 20.17% compared to ¥65,540,396.86 (14.92%) in the same period last year[47]. - The total cash and cash equivalents at the end of the period increased to ¥237,242,579.31, compared to ¥62,354,971.86 at the end of the previous period[173]. - The total liabilities at the end of the reporting period were CNY 109,217,000.00, indicating a manageable debt level[188]. Investments and R&D - Research and development investment increased by 11.28% to ¥11,229,440.57[40]. - The company is actively building a smart factory to enhance automation and production efficiency, aligning with the national strategy for intelligent manufacturing[31]. - The company is leveraging advancements in big data and cloud computing to drive innovation in the smart gas meter industry, indicating a trend towards accelerated expansion[27]. - R&D investment has been maintained at a high level, with a focus on developing core technologies and achieving independent intellectual property rights[111]. - The company plans to invest in the construction of a smart gas meter production base and a technology research and development center to enrich its product structure and enhance production capabilities[109]. Market Position and Strategy - The company achieved a market share ranking among the top in the industry, with products widely recognized by major gas groups such as Honghua Gas and China Gas[27]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2018[76]. - The company plans to establish a joint venture with China Gas Group to enhance strategic cooperation and market presence[37]. - The company is exploring potential acquisitions to enhance its product portfolio and market reach[78]. - The company plans to implement a new customer loyalty program, which is expected to increase customer retention by 12%[76]. Profit Distribution and Shareholder Relations - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[4]. - The profit distribution policy states that cash dividends should not be less than 20% of the distributable profits for the year, provided that the company's operational needs are met[84]. - The company emphasizes a stable and continuous profit distribution policy, prioritizing reasonable returns to investors while ensuring sustainable development[82]. - The company has a commitment to listen to and consider the opinions of minority shareholders in its profit distribution decisions[83]. - The company will ensure that the profit distribution policy is strictly followed, considering the opinions of independent directors and minority shareholders[89]. Risks and Challenges - The company faces industry cyclical risks due to the correlation between the smart gas meter market and the overall economic development, with potential demand impact from slowing infrastructure construction[67]. - Market competition is intensifying as the smart gas meter market expands, leading to increased pressure on market share and potential declines in gross margin[67]. - The company emphasizes the importance of risk awareness regarding future plans and performance forecasts, clarifying that these do not constitute commitments to investors[69]. Corporate Governance and Compliance - The company has a commitment to avoid conflicts of interest and ensure that all business opportunities are presented to the company[92]. - The company will adhere to legal regulations regarding profit distribution and ensure that any changes are compliant with the China Securities Regulatory Commission[89]. - The board must complete the distribution of dividends within two months after the shareholders' meeting[88]. - The company has fulfilled all commitments made to minority shareholders on time[115]. - The company has not experienced any penalties or rectification situations during the reporting period[118].

Financial Performance - Revenue for Q1 2017 was ¥88,841,503.22, representing a 17.25% increase compared to ¥75,773,536.58 in the same period last year[8] - Net profit attributable to shareholders was ¥6,516,161.93, up 25.35% from ¥5,198,240.17 year-on-year[8] - Net profit excluding non-recurring gains and losses was ¥6,312,273.04, reflecting a 21.43% increase from the previous year[8] - Basic earnings per share decreased by 6.00% to ¥0.0752 from ¥0.08 in the same period last year[8] - The company's net profit for the first half of 2017 is expected to increase by 3.33% to 9.41%, with an estimated range of 17 million to 18 million yuan[17] Cash Flow and Assets - The net cash flow from operating activities was -¥69,598,686.58, a 92.50% decline compared to -¥35,791,525.48 in the same period last year[8] - Total assets at the end of the reporting period reached ¥678,550,965.64, a 45.05% increase from ¥467,796,621.91 at the end of the previous year[8] - Net assets attributable to shareholders increased by 84.84% to ¥513,131,059.01 from ¥277,613,873.02 at the end of the previous year[8] - Cash and cash equivalents increased by 120% compared to the end of the previous year, mainly due to the fundraising from the company's IPO[16] - Accounts receivable increased by 30.82% compared to the end of the previous year, attributed to expanded sales and slower collection in the first quarter[16] - Other receivables increased by 150% compared to the end of the previous year, primarily due to an increase in bid guarantees and personal loans[16] - Short-term borrowings decreased by 100% compared to the end of the previous year, as the company repaid bank loans during the period[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 19,503[11] - The company received government subsidies amounting to ¥239,869.28 during the reporting period[9] Return on Equity - The weighted average return on equity was 2.33%, slightly up from 2.20% in the previous year[8]