证券代码：002870 证券简称：香山股份 广东香山衡器集团股份有限公司 投资者关系活动记录表 编号：2022-06 | --- | --- | --- | |-----------------------------|------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | 投资者关系活动 | □ 特定对象调研 | □ 分析师会议 | | 类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | ■ 其他 （心系投资者 | 携手共行动——筑牢资本市场 | | | 稳健发展基 ...

1 证券代码：002870 证券简称：香山股份 广东香山衡器集团股份有限公司 投资者关系活动记录表 编号： | --- | --- | --- | |-----------------------------|--------------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | 2022-07 | | 投资者关系活动 | ■ 特定对象调研 | ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥2,183,963,176.68, a decrease of 8.13% compared to ¥2,377,221,817.19 in the same period last year[20]. - The net profit attributable to shareholders was ¥42,964,494.58, down 43.10% from ¥75,505,979.54 year-on-year[20]. - Basic and diluted earnings per share decreased by 47.06% to ¥0.36, down from ¥0.68 in the same period last year[20]. - The company reported a decrease of 21.98% in net profit after deducting non-recurring gains and losses, amounting to ¥54,735,754.00 compared to ¥70,160,109.96 in the previous year[20]. - The weighted average return on net assets was 4.04%, down from 9.00% in the same period last year, a decrease of 4.96%[20]. - The company reported a significant decrease in financial expenses by 48.77%, primarily due to gains from foreign currency translation[63]. - The net profit for the first half of 2022 was CNY 89,212,824.54, down 27.4% from CNY 122,912,039.01 in the first half of 2021[187]. - The company's gross profit margin for the first half of 2022 was approximately 4.9%, compared to 6.5% in the same period of 2021[187]. - The total comprehensive income for the first half of 2022 was CNY 43,368,874.32, compared to CNY 12,281,889.37 in the same period of 2021, reflecting a growth of approximately 253.5%[192]. Cash Flow and Investments - The net cash flow from operating activities increased by 138.27% to ¥143,076,845.26, compared to ¥60,049,157.21 in the previous year[20]. - The company reported a net cash outflow from investing activities of CNY 714,183,969.31, compared to a net outflow of CNY 96,327,804.18 in the same period last year, indicating a significant increase in investment expenditures[195]. - The total cash inflow from financing activities amounted to 591,625,977.42 CNY, resulting in a net cash flow from financing activities of 572,847,298.41 CNY[197]. - The company raised CNY 591,625,977.42 from new investments during the first half of 2022, compared to no such income in the same period of 2021[195]. - The company incurred interest expenses of CNY 17,291,632.74, slightly up from CNY 16,917,980.34 in the previous year, an increase of about 2.2%[191]. Revenue Breakdown - In the first half of 2022, the company achieved operating revenue of 2.184 billion yuan, with automotive parts business revenue of 1.813 billion yuan, accounting for 83.02% of total revenue, an increase of 4.09% year-on-year[29]. - The automotive parts manufacturing segment generated ¥1.81 billion, accounting for 83.02% of total revenue, with a decline of 3.37% year-over-year[66]. - The revenue from the weighing instrument business was CNY 350,961,134, down 27.35% year-on-year, with a gross margin of 27.63%[67]. - Revenue from new energy vehicle components and charging services increased significantly by 227.45% to CNY 201,606,486, with a gross margin of 21.71%[67]. Assets and Liabilities - Total assets at the end of the reporting period were ¥6,943,466,215.19, an increase of 8.84% from ¥6,379,476,445.17 at the end of the previous year[20]. - The company's total liabilities decreased to CNY 4,366,405,303.93 from CNY 4,473,243,356.79, a reduction of approximately 2.4%[181]. - Owner's equity increased to CNY 2,577,060,911.26 from CNY 1,906,233,088.38, reflecting a growth of about 35.2%[181]. - Cash and cash equivalents rose to CNY 534,955,664, representing 7.70% of total assets, an increase of 0.46% from the previous year[70]. Strategic Plans and Market Position - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company plans to enhance product electrification and intelligence, focusing on cost control and efficiency improvements to strengthen its market position[31]. - The company plans to continue expanding its market presence and investing in new technologies to enhance its competitive edge in the automotive sector[72]. - The company is exploring potential mergers and acquisitions to enhance its competitive position in the market[200]. Research and Development - The company increased its R&D investment by 23.61% to approximately ¥128.16 million, focusing on smart cockpit components and new energy charging and distribution systems[64]. - The company invests no less than 6% of its annual output value in R&D, holding 391 domestic patents and 21 overseas patents, which strengthens its technological capabilities[48]. - The company has established a product development center in the weighing instrument division to align product development with market demand, ensuring a competitive edge through innovation[42]. Risks and Challenges - The company faced various uncertainties in its future operational plans, which may lead to changes or interruptions[4]. - The automotive parts business is significantly affected by macroeconomic cycles, with a risk of reduced orders and inventory buildup during economic downturns[95]. - The company is exposed to foreign exchange risks due to the uncertainty of RMB exchange rates, which may impact financial performance[97]. - Rising raw material prices and labor costs pose risks to the company's manufacturing costs and profit margins, necessitating effective supplier management and cost control measures[99]. Corporate Governance and Social Responsibility - The company emphasizes investor rights protection by enhancing corporate governance and maintaining transparent communication with investors[117]. - The company actively participates in charitable activities, contributing to various disaster relief efforts and educational support initiatives[119]. - The company has established a complete environmental management system and actively takes measures to strengthen environmental protection[115].

Financial Performance - The company's revenue for Q1 2022 was CNY 1,094,400,920.66, a decrease of 7.16% compared to CNY 1,178,784,608.42 in the same period last year[3] - Net profit attributable to shareholders was CNY 26,111,190.40, down 29.28% from CNY 36,922,133.91 year-on-year[3] - The net profit after deducting non-recurring gains and losses was CNY 24,199,775.15, reflecting a decline of 35.84% compared to CNY 37,717,156.29 in the previous year[3] - Total operating revenue for Q1 2022 was CNY 1,094,400,920.66, a decrease of 7.1% compared to CNY 1,178,784,608.42 in the same period last year[18] - Net profit for Q1 2022 was CNY 42,080,110.71, a decline of 22.6% from CNY 54,390,696.21 in Q1 2021[19] - The net profit attributable to the parent company for Q1 2022 was ¥26,111,190.40, a decrease from ¥36,922,133.91 in Q1 2021, representing a decline of approximately 29.5%[20] - The total comprehensive income for Q1 2022 was ¥36,263,901.48, compared to ¥27,374,650.62 in Q1 2021, indicating an increase of about 32.9%[20] - Basic and diluted earnings per share for Q1 2022 were both ¥0.24, down from ¥0.33 in Q1 2021, reflecting a decrease of approximately 27.3%[20] Cash Flow and Liquidity - Operating cash flow increased by 227.54%, reaching CNY 73,132,980.38, significantly improving the company's operational environment[7] - The net cash flow from operating activities for Q1 2022 was ¥73,132,980.38, significantly higher than ¥22,327,753.56 in Q1 2021, marking an increase of approximately 227.5%[22] - Cash inflow from operating activities totaled ¥1,321,933,812.37, while cash outflow was ¥1,248,800,831.99, resulting in a net cash flow of ¥73,132,980.38[22] - The cash flow from investing activities showed a net outflow of ¥96,006,046.93 in Q1 2022, compared to a net outflow of ¥27,444,982.97 in Q1 2021[23] - The cash flow from financing activities generated a net inflow of ¥10,331,409.45 in Q1 2022, a decrease from ¥88,161,180.22 in Q1 2021[23] - The ending cash and cash equivalents balance for Q1 2022 was ¥401,401,339.63, down from ¥581,630,980.96 at the end of Q1 2021[23] - Cash and cash equivalents increased to CNY 489,641,685.03 from CNY 461,928,984.00 at the beginning of the year, representing a growth of 6.0%[14] Assets and Liabilities - Total assets at the end of the reporting period were CNY 6,467,114,058.83, an increase of 1.37% from CNY 6,379,476,445.17 at the end of the previous year[3] - Total assets as of March 31, 2022, were CNY 6,467,114,058.83, an increase from CNY 6,379,476,445.17 at the start of the year[16] - Total liabilities increased to CNY 4,524,617,068.97 from CNY 4,473,243,356.79 at the beginning of the year[16] - Short-term borrowings increased to CNY 807,982,293.12, up 21.4% from CNY 665,231,973.84 at the beginning of the year[16] - Inventory rose to CNY 880,304,135.51, up 9.8% from CNY 801,321,050.26 at the start of the year[14] Strategic Initiatives - The company is accelerating its investment in the new energy vehicle sector, which has led to increased R&D expenses[7] - The company aims to enhance its market position as a leader in electric and intelligent vehicle charging systems and stylish cockpit design[8] - The company plans to continue expanding its market presence and invest in new product development[12] Challenges and Market Conditions - The company faced challenges due to the impact of COVID-19 and geopolitical tensions, affecting overall revenue and profit[7] - The weighted average return on equity decreased to 3.04% from 4.48% year-on-year[3] - The company reported a decrease in sales revenue from cash received for goods sold and services provided, totaling ¥1,297,106,494.79 in Q1 2022, compared to ¥1,375,046,879.82 in Q1 2021, a decline of about 5.7%[22] Shareholder Information - The company reported a total of 8,466 common shareholders at the end of the reporting period[10] Other Information - The company completed a non-public stock issuance, which was approved by the China Securities Regulatory Commission[12] - The company did not conduct any audited financial reporting for the first quarter[24]

Financial Performance - The company reported a total revenue of approximately CNY 4.89 billion in 2021, representing a 400.66% increase compared to CNY 976.73 million in 2020[57]. - The net profit attributable to shareholders reached CNY 1.25 billion, a 67% increase year-on-year, with a non-recurring net profit of CNY 1.52 billion, up 111% from the previous year[55]. - The company's operating revenue for 2021 reached ¥4,890,166,124.24, a significant increase of 400.66% compared to ¥976,734,513.36 in 2020[21]. - The net profit attributable to shareholders decreased by 33.28% to ¥50,096,106.94 from ¥75,083,178.62 in the previous year[21]. - The company achieved a total revenue of 71,936.1 million CNY for the year 2021, with a net profit of 17,984.0 million CNY, indicating a strong financial performance[128]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the year, representing a growth of 15% compared to the previous year[182]. - The company reported a significant increase in revenue for 2021, reaching a total of 1.5 billion RMB, representing a year-over-year growth of 20%[189]. Market Expansion and Strategy - The company is focused on expanding its market presence in the automotive sector, particularly in electric vehicle charging solutions[19]. - The company plans to expand its new energy charging and distribution systems, focusing on improving customer satisfaction and market share in Europe and North America[102]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[186]. - The company plans to strengthen its internal management and team building to promote long-term stable development, including optimizing cost structures and enhancing market competitiveness[103]. - The company aims to enhance its global market presence and international management despite challenges from international conflicts and ongoing pandemics[103]. - The company is focused on expanding its charging station business and enhancing market outreach efforts[112]. Research and Development - The company invests at least 6% of its annual output value in research and development, with a focus on advanced manufacturing technologies[47]. - The company has established a comprehensive R&D team for its automotive parts business, focusing on product quality, cost, and time management[38]. - The company reported a significant increase in R&D expenses, which rose by 489.87% to CNY 235,175,325.10[72]. - Investment in R&D increased by 30%, focusing on the development of new technologies and products to enhance competitive advantage[192]. - The company is investing 100 million RMB in research and development for new technologies in the automotive safety sector[182]. Corporate Governance - The company emphasizes compliance with corporate governance standards and has held five shareholder meetings during the reporting period to ensure transparency and shareholder rights[115]. - The company has established a transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management, linking employee performance to company benefits[118]. - The company has committed to maintaining high standards of corporate governance with the appointment of qualified independent directors[136]. - The company has a complete and independent financial management system, with no interference from the controlling shareholder in financial decisions[121]. - The company has implemented a flat management structure to improve decision-making processes and enhance operational efficiency[109]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies[4]. - The company faces risks from currency fluctuations, which may impact its performance, and plans to implement foreign exchange hedging strategies to mitigate these risks[107]. - The automotive parts business is significantly influenced by macroeconomic conditions, with risks related to order reductions and inventory accumulation during economic downturns[106]. - The company is committed to enhancing its internal management capabilities to address complexities arising from the merger with Junsheng Group, focusing on organizational culture and operational control[109]. Employee Management - The company has established a salary system based on positions and skills, implementing a performance-oriented reward system to enhance employee welfare[159]. - The total number of employees at the end of the reporting period was 6,130, with 4,782 in production, 182 in sales, and 790 in technical roles[157]. - The company emphasizes employee training across various content areas to improve overall professional skills and meet employee development needs[160]. - The company has not implemented any stock incentive plans or employee stock ownership plans during the reporting period[164]. Environmental and Social Responsibility - The company has implemented a comprehensive environmental management system, including IECQ-QC080000 and ISO14001 certifications, to ensure compliance with environmental laws and regulations[176]. - The company actively engages in social responsibility initiatives, including charitable donations and community support activities[177]. - The company has maintained a harmonious labor relationship by providing comprehensive social insurance benefits and conducting regular employee satisfaction surveys[175]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[174]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[184]. - The company aims to launch three new products in 2022, which are expected to contribute an additional 200 million RMB in revenue[191]. - The company plans to optimize its governance structure post-transaction completion to ensure compliance with relevant laws and regulations[198]. - The company aims to enhance operational efficiency and strengthen its sustainable operating capabilities through improved internal controls and management systems[197].

广东香山衡器集团股份有限公司 2021 年第三季度报告 证券代码：002870 证券简称：香山股份 公告编号：2021-077 广东香山衡器集团股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、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 (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 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 1,045,355,261.73 | 250.92% | 3,422,577,078.92 ...

Financial Performance - The company's operating revenue for the first half of 2021 reached ¥2,377,221,817.19, representing a 522.76% increase compared to ¥381,722,511.91 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was ¥75,505,979.54, a 257.14% increase from ¥21,141,570.31 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥70,160,109.96, up 191.86% from ¥24,039,076.79 in the same period last year[19]. - The basic earnings per share increased to ¥0.68, a rise of 257.89% compared to ¥0.19 in the previous year[19]. - The total profit reached 150.55 million CNY, growing by 471.72% compared to the previous year[33]. - The net profit for the period was CNY 229,495,963.56, up from CNY 172,269,196.62, indicating a growth of around 33.2%[134]. - The total comprehensive income for the first half of 2021 was ¥92,402,998.84, compared to ¥21,141,570.31 in the previous year, reflecting an increase of about 337.5%[142]. Assets and Liabilities - The total assets at the end of the reporting period were ¥6,496,442,414.30, reflecting a 1.97% increase from ¥6,371,180,196.48 at the end of the previous year[19]. - The total liabilities rose to CNY 4,636,353,666.43 from CNY 4,583,573,847.45, marking an increase of approximately 1.15%[133]. - The company's equity attributable to shareholders reached CNY 851,800,768.40, compared to CNY 812,981,419.09, an increase of approximately 4.8%[134]. - The total non-current liabilities decreased to CNY 1,728,815,700.52 from CNY 1,843,854,678.66, a reduction of about 6.2%[133]. Cash Flow - The net cash flow from operating activities was ¥60,049,157.21, which is a 25.46% increase from ¥47,862,260.51 in the same period last year[19]. - The cash inflow from operating activities for the first half of 2021 was CNY 2,688,130,050.63, a significant increase from CNY 424,593,072.76 in the same period of 2020, representing a growth of approximately 533%[149]. - The total cash outflow from investing activities in the first half of 2021 was CNY 139,524,777.73, compared to CNY 12,756,779.16 in the same period of 2020, reflecting a substantial increase in investment activities[150]. - The cash inflow from financing activities in the first half of 2021 was CNY 309,902,258.73, a notable increase from CNY 50,000,000.00 in the same period of 2020[150]. Research and Development - The company has established a comprehensive R&D team for automotive parts, including project, technology, and engineering centers to manage product quality, time, and cost[28]. - The company's R&D investment surged to ¥103,679,657.37, marking a 562.60% increase compared to the previous year[42]. - Research and development expenses increased to ¥103,679,657.37 from ¥15,647,402.10, marking a growth of approximately 563.5%[139]. Market and Business Segments - The main business includes automotive parts and weighing instrument products, with a focus on high-end interior components and smart measurement products[27]. - The automotive parts segment is primarily developed through the subsidiary Junsheng Qunying, which focuses on new energy charging systems and smart interior components[27]. - The company’s automotive parts business has a global unified procurement system to optimize costs and improve profit margins[29]. - The company is positioned to benefit from the growing market for smart and new energy vehicles, anticipating significant growth in these sectors[38]. Risks and Challenges - The company faces significant market risks due to its reliance on the automotive industry, which is highly correlated with macroeconomic fluctuations[64]. - The company’s weighing instrument products are primarily exported, making them vulnerable to international market volatility and changes in trade policies[65]. - Rising raw material prices and labor costs pose risks to manufacturing costs and profit margins, prompting the company to implement cost control measures[66]. - The company faces risks from global pandemic fluctuations and chip shortages, which may adversely affect industry recovery and operational performance[66]. Corporate Governance and Compliance - The company emphasizes investor rights protection by enhancing corporate governance and internal control systems, ensuring timely and accurate information disclosure[81]. - The company has not faced any administrative penalties for environmental issues during the reporting period[80]. - The company has not reported any significant litigation or arbitration matters during the reporting period, with a minor case involving 871,400 CNY that was dismissed[92]. Environmental and Social Responsibility - The company has established a complete environmental management system, adhering to various international standards such as ISO14001 and OHSAS18001[82]. - The company implemented a photovoltaic power generation project with a total power generation exceeding 1.25 million kilowatt-hours, promoting economic and social benefits[82]. - The company maintains a harmonious labor relationship by providing social insurance benefits and conducting regular employee satisfaction surveys[81]. Shareholder Information - Major shareholder Zhao Yukun holds 22.50% of shares, with a decrease of 8,300,000 shares during the reporting period[118]. - The total number of common shareholders at the end of the reporting period is 8,257[117]. - The company reported a profit distribution of CNY -19,920,600.00 to shareholders during the first half of 2021[163]. Future Outlook - Future business growth is expected to come from new energy vehicle-related products, although subsidy policy changes may negatively impact this sector[68]. - The company’s future outlook remains cautious due to market conditions, with no specific guidance provided for the upcoming quarters[163].

广东香山衡器集团股份有限公司 2021 年第一季度报告全文 证券代码：002870 证券简称：香山股份 公告编号：2021-029 广东香山衡器集团股份有限公司 2021 年第一季度报告 2021 年 04 月 1 广东香山衡器集团股份有限公司 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。 公司负责人赵玉昆、主管会计工作负责人王咸车及会计机构负责人(会计主 管人员)唐燕妮声明：保证季度报告中财务报表的真实、准确、完整。 2 广东香山衡器集团股份有限公司 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 □ 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） | 1,178,784,608.42 | 136,868,252.20 | 761.25% ...

Financial Performance - The company's operating revenue for 2020 was approximately ¥976.73 million, representing a 16.03% increase compared to ¥841.80 million in 2019[17]. - The net profit attributable to shareholders of the listed company was approximately ¥75.08 million, a significant increase of 215.65% from a loss of ¥64.92 million in 2019[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥72.12 million, marking a 614.86% increase from a loss of ¥14.01 million in 2019[17]. - Basic and diluted earnings per share improved to ¥0.68, a 215.25% increase from a loss of ¥0.59 per share in the previous year[18]. - The weighted average return on equity rose to 9.59%, up from -8.15% in the previous year, marking a 17.74% improvement[18]. - Total assets surged by 558.69% to ¥6,371,180,196.48 from ¥967,244,375.19 at the end of the previous year[18]. - The total profit reached CNY 96.89 million, with a net profit attributable to shareholders of CNY 75.08 million, reflecting increases of 274.04% and 215.65% respectively compared to the previous year[39]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[114]. Dividend Distribution - The company plans to distribute a cash dividend of ¥1.8 per 10 shares, based on a total of 110,670,000 shares[4]. - The company reported a cash dividend of RMB 19,920,600 for the year 2020, which represents 26.53% of the net profit attributable to ordinary shareholders[105]. - The cumulative undistributed profits as of December 31, 2020, amounted to RMB 38,741,383.97[106]. - The company has established a profit distribution policy to ensure stable returns to investors, which was strictly followed during the reporting period[102]. Business Operations - The company has not reported any changes in its main business operations during the reporting period[15]. - There were no changes in the controlling shareholder during the reporting period[15]. - The company continues to focus on the development, production, and sales of various weighing products and related components[15]. - The company is committed to enhancing its market presence and expanding its product offerings in the automation and intelligent equipment sectors[15]. - The company has maintained a stable financial position without the need for retrospective adjustments or restatements of previous accounting data[17]. Research and Development - The company has established a comprehensive R&D system to maintain competitive advantages in product differentiation[27]. - The company increased its research and development efforts, resulting in a higher number of intellectual property applications and improved design quality[34]. - In 2020, the company's R&D expenditure was CNY 39,869,122.26, accounting for 4.08% of the operating revenue[53]. - The number of R&D personnel increased by 4.26% to 269, while the proportion of R&D personnel to total employees decreased by 1.33% to 10.71%[53]. Market Expansion - The company reported a significant increase in kitchen health scale orders due to rising health awareness during the COVID-19 pandemic[29]. - The company’s main products include health scales and smart measuring devices, targeting both household and commercial users[27]. - The company has established a comprehensive global sales network, exporting products to over 80 countries and regions[36]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[112]. Strategic Acquisitions - The company completed the acquisition of Ningbo Junsheng Automotive Parts Co., Ltd. for CNY 204 million, enhancing its product offerings in the automotive sector[70]. - The company plans to expand its business into automotive parts and new energy vehicle charging stations following the acquisition, enhancing its growth prospects[39]. - A strategic acquisition of a local competitor is planned, which is anticipated to enhance the company's product offerings and increase market share by 15%[113]. Risk Management - The company faces risks from market concentration, as its top five customers account for a significant portion of sales, which could impact revenue if any major customer is lost[92]. - The company is exposed to risks from currency fluctuations, which could affect revenue when converted to RMB, and plans to implement hedging strategies[94]. - Rising raw material costs and labor expenses pose risks to the company's profitability, necessitating effective supplier management and cost control measures[94]. - The acquisition of Junsheng Group may increase the company's debt levels and financial management requirements, impacting cash flow and operational stability[95]. Corporate Governance - The company has committed to improving corporate governance and transparency, aiming to enhance investor confidence[128]. - The company has a structured decision-making and supervision system involving shareholders, the board of directors, and management[193]. - The company has established a comprehensive information disclosure system to ensure timely and accurate communication with investors, enhancing their rights[193]. Social Responsibility - The company has a commitment to social responsibility, focusing on innovation and maintaining good relationships with stakeholders[194]. - The company donated approximately 300,000 yuan to various charitable activities, including the Zhongshan Charity Walk and COVID-19 prevention efforts[195]. - The company implemented a photovoltaic power generation project with a total power generation of over 1.44 million kilowatt-hours during the reporting period[195].

广东香山衡器集团股份有限公司 2020 年第三季度报告全文 证券代码：002870 证券简称：香山股份 公告编号：2020-048 广东香山衡器集团股份有限公司 2020 年第三季度报告 2020 年 10 月 1 广东香山衡器集团股份有限公司 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。 公司负责人赵玉昆、主管会计工作负责人王咸车及会计机构负责人(会计主 管人员)唐燕妮声明：保证季度报告中财务报表的真实、准确、完整。 2 广东香山衡器集团股份有限公司 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 □ 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） | 1,040,586,980.21 | | 967,244,375.1 ...