青岛伟隆阀门股份有限公司 2022 年第一季度报告全文 证券代码：002871 证券简称：伟隆股份 公告编号：2022-035 青岛伟隆阀门股份有限公司 2022 年第一季度报告 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.第一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 | 上年同期 | 本报告期比上年同期增 | | --- | --- | --- | --- | | | | | 减 | | 营业收入（元） | 95,724,786.32 | 79,260,889.44 | 20.77% | | 归属于上市公司股东的净利润（元） | 9,385,327.52 ...

Financial Performance - The company's operating revenue for 2021 was CNY 415,162,743.70, representing a 20.48% increase compared to CNY 344,590,024.63 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 60,993,488.79, a 5.22% increase from CNY 57,968,093.00 in 2020[18]. - The net profit after deducting non-recurring gains and losses was CNY 46,847,689.25, which is a 10.40% increase from CNY 42,433,709.05 in 2020[18]. - The basic earnings per share for 2021 was CNY 0.36, up 5.88% from CNY 0.34 in 2020[18]. - The total assets at the end of 2021 were CNY 889,880,540.36, reflecting a 2.32% increase from CNY 869,664,922.77 at the end of 2020[18]. - The net assets attributable to shareholders decreased by 2.60% to CNY 645,978,604.56 at the end of 2021 from CNY 663,232,732.54 at the end of 2020[18]. - The net cash flow from operating activities for 2021 was CNY 11,387,329.51, a significant decrease of 87.34% compared to CNY 89,946,129.75 in 2020[18]. - The weighted average return on equity for 2021 was 9.36%, an increase from 8.50% in 2020[18]. Revenue Breakdown - The main business revenue accounted for ¥411,754,090.08, which is 99.18% of total revenue, with a year-on-year growth of 19.92%[49]. - Valve sales generated ¥324,499,289.09, making up 78.16% of total revenue, with a growth of 17.54% from ¥276,069,311.82 in 2020[50]. - Export revenue reached ¥312,752,607.27, accounting for 75.33% of total revenue, with a year-on-year increase of 13.30%[50]. Cash Flow and Investments - The total cash inflow from operating activities in 2021 was approximately CNY 420.99 million, an increase of 4.19% compared to CNY 404.08 million in 2020[62]. - The net cash flow from operating activities decreased by 87.34% to CNY 11.39 million in 2021 from CNY 89.95 million in 2020, primarily due to higher cash outflows[62]. - The total cash inflow from investment activities decreased by 36.11% to CNY 472.52 million in 2021, down from CNY 739.61 million in 2020[62]. - The net cash flow from financing activities showed a significant decline of 2,941.49%, resulting in a net outflow of CNY 63.92 million in 2021 compared to a net outflow of CNY 2.10 million in 2020[62]. Market Expansion and Product Development - The company has expanded its market presence across over 50 countries and regions, enhancing its brand influence and customer base globally[30]. - The company is actively engaged in R&D for new products, particularly in the firefighting and water supply sectors, leveraging advanced technologies to enhance product performance[30]. - The company significantly increased its sales in the automotive and agricultural machinery parts sector, with sales revenue rising from 20 million RMB in 2020 to over 36 million RMB in 2021, reflecting an 80% growth[32]. - New product development led to 15 certifications, including FM/UL/WRAS, with the fire pressure reducing valve being the first in China to receive UL certification[84]. Quality Management and Certifications - The company has implemented a rigorous quality management system, with its subsidiary obtaining CMA and CNAS certifications, ensuring high product quality and compliance with international standards[31]. - The company has established a comprehensive quality tracking system from raw material procurement to after-sales service, ensuring product reliability and customer satisfaction[31]. Research and Development - The company has 39 patents, including 2 domestic invention patents, showcasing its strong R&D capabilities[42]. - Research and development expenses increased by 13.93% to ¥24,196,054.32, constituting 5.83% of the operating income[60]. - The number of R&D personnel increased by 43.33% to 86, with R&D personnel now making up 11.75% of the total workforce[60]. Risk Management - The company has outlined potential risks and countermeasures in its future development outlook section[4]. - The company faces risks related to market competition, particularly in the domestic valve market, which has over 2,000 competing enterprises[74]. - The company’s main raw material costs accounted for 60%-70% of its main business costs, with significant price increases in steel and non-ferrous metals observed in 2021[74]. Shareholder and Management Information - The company plans to distribute a cash dividend of CNY 3.50 per 10 shares, based on a total share base of 168,605,022 shares[4]. - The total cash dividend, including other methods, amounted to 89,011,607.70 yuan, representing 100% of the profit distribution total[121]. - The company has implemented a restricted stock incentive plan for 2021, which was approved by the remuneration and assessment committee[114]. - The total shares held by the chairman, Fan Qingwei, increased from 69,389,900 to 97,235,355 shares, reflecting a change of 40.1% due to dividend distribution and capital increase[92]. Internal Control and Compliance - The company maintained effective internal control over financial reporting, with no significant deficiencies identified as of the evaluation report date[135]. - The internal control evaluation covered all major units and business areas, ensuring comprehensive oversight of financial reporting, procurement, sales, and strategic development[136]. - The company has not faced any penalties from securities regulatory authorities in the past three years for its directors and supervisors[107]. Environmental and Social Responsibility - The company emphasizes environmental protection and sustainable development, having passed environmental management and occupational health safety certifications[151]. - The company has not faced any significant environmental penalties during the reporting period and is not classified as a key pollutant discharge unit[150].

青岛伟隆阀门股份有限公司 2021 年第三季度报告 证券代码：002871 证券简称：伟隆股份 公告编号：2021-089 青岛伟隆阀门股份有限公司 2021 年第三季度报告 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 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 110,725,129.58 | 15.68% | 290,948,804.84 | 17.54% | | 归属于上市公司股东 | 19,968,506.28 | 7.09% | 43,258,157.14 | -6.34% | | 的净利润（元） | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 16,112,247.73 | 9.50% | 32,137,921.93 | -5.74% | | 的净利润（元） | | | | | | 经营活动产生的现金 | —— | —— | -28,476,896.64 | -141.81% | | 流量净 ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥180,223,675.26, representing an increase of 18.70% compared to ¥151,828,243.46 in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 15.43% to ¥23,289,650.85 from ¥27,540,029.59 year-on-year[20]. - Basic earnings per share decreased by 12.50% to ¥0.14 from ¥0.16 in the same period last year[20]. - The gross profit margin for the main business was 30.69%, a decrease of 7.27% from the previous year[54]. - The company reported a total profit of CNY 31,154,784.09 for the first half of 2021, down 17.0% from CNY 37,530,988.66 in the same period of 2020[146]. - The comprehensive income for the current period was reported at 27.514 million yuan, a decrease of 25.82% compared to the previous period[160]. - The company reported a profit distribution to shareholders amounting to 52.524 million yuan, indicating a significant allocation of earnings[160]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at -¥17,094,358.49, a decline of 153.26% compared to ¥32,095,010.49 in the previous year[20]. - Cash and cash equivalents decreased to 42,697,423.46, representing 5.22% of total assets, down from 6.64% last year, a decrease of 1.42%[56]. - The company reported a significant increase in prepayments, which rose to CNY 4,035,284.65 from CNY 2,086,400.62, an increase of approximately 93.7%[133]. - The total liabilities decreased to CNY 183,410,057.49 from CNY 206,432,190.23, a reduction of approximately 11.2%[135]. - The company experienced a negative cash flow from financing activities, indicating higher outflows for debt repayment and dividends[155]. - Overall, the financial data reflects a challenging half-year with decreased cash reserves and operational cash flow[155]. Assets and Liabilities - Total assets at the end of the reporting period were ¥818,404,373.02, down 5.89% from ¥869,664,922.77 at the end of the previous year[20]. - The company's equity attributable to shareholders decreased to CNY 634,994,315.53 from CNY 663,232,732.54, reflecting a decline of about 4.3%[136]. - The accounts receivable increased to CNY 62,690,301.94 from CNY 50,843,941.41, representing an increase of about 23.4%[133]. - The total owner's equity at the end of the first half of 2021 was 688,078,400 CNY, down from 625,697,230 CNY at the end of the previous year, indicating a decrease of approximately 9.94%[163]. Research and Development - The company invested ¥10,047,815.15 in R&D, which is a 4.43% increase from ¥9,621,333.72 in the previous year[50]. - The company holds 31 patents, including 2 domestic invention patents, showcasing its strong R&D capabilities[43]. - The company has been recognized as a high-tech enterprise and has received numerous product quality certifications, enhancing its brand influence domestically and internationally[35]. Market and Product Development - The company has over 2,000 specifications of valve products, including gate valves, butterfly valves, and pressure reducing valves, catering to various applications[28]. - The company has established a military product sales department and is expanding its presence in the military valve market, which is expected to enhance future performance[39]. - The company is committed to innovation, continuously introducing new technologies and products to meet the evolving demands of the market[34]. Corporate Governance and Social Responsibility - The company has maintained a commitment to corporate social responsibility, balancing economic and social benefits[81]. - There were no significant lawsuits or arbitration matters reported during the period, indicating stable legal standing[93]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[88]. Shareholder Information - The company plans to repurchase shares up to ¥30 million to establish a long-term incentive mechanism for attracting and retaining talent[41]. - The total number of ordinary shareholders at the end of the reporting period is 9,096[119]. - The largest shareholder, Fan Qingwei, holds 59.47% of the shares, totaling 100,615,355 shares[119].

Financial Performance - The company's operating revenue for 2020 was ¥344,590,024.63, a decrease of 2.99% compared to ¥355,225,906.74 in 2019[15] - The net profit attributable to shareholders for 2020 was ¥57,968,093.00, representing an increase of 9.41% from ¥52,983,867.54 in 2019[15] - The net cash flow from operating activities decreased by 32.33% to ¥89,946,129.75 in 2020, down from ¥132,922,717.03 in 2019[15] - Basic earnings per share increased by 11.11% to ¥0.50 in 2020, compared to ¥0.45 in 2019[15] - Total assets at the end of 2020 were ¥869,664,922.77, an increase of 8.72% from ¥799,909,010.24 at the end of 2019[15] - The net assets attributable to shareholders at the end of 2020 were ¥663,232,732.54, up 1.83% from ¥651,310,430.22 at the end of 2019[15] - The company reported a decrease of 0.42% in net profit after deducting non-recurring gains and losses, totaling ¥42,433,709.05 in 2020[15] - The company reported a net profit of CNY 65,672,774.88 for the year 2020, with a cash dividend distribution plan of CNY 52,506,000, which corresponds to CNY 4.50 per 10 shares[86] - In 2019, the company achieved a net profit of CNY 67,783,389.02, distributing a total cash dividend of CNY 52,524,900, also at CNY 4.50 per 10 shares[87] - The total cash dividend for 2020 accounted for 100% of the distributable profit, which was CNY 252,498,577.96[90] Revenue and Sales - The company's export revenue accounted for 80.11% of total operating revenue in 2020, down from 85.20% in 2019, reflecting a slight diversification in revenue sources[26] - The total valve sales for 2020 amounted to ¥276,069,311.82, representing a year-on-year increase of 37.56%[47] - Domestic sales revenue reached ¥68,548,419.01, up 23.47% compared to the previous year, while export revenue was ¥276,041,605.62, an increase of 37.41%[47] - The sales of valves accounted for 80.12% of total revenue, amounting to CNY 276,069,311.82, while sales of automotive parts reached CNY 19,097,638.60, marking a 100% increase from the previous year[44] Investments and R&D - The company plans to invest 200 million RMB in R&D for new product development and technological advancements in the next fiscal year[166] - Research and development expenses for 2020 were ¥21,237,919.68, accounting for 6.16% of total revenue, a slight increase from 6.01% in 2019[55] - The company has invested in automation and production capacity, with revenue from new casting products reaching ¥19,097,638.60 in 2020[25] - The company has established a technology research and development center construction project with an investment progress of 7.86% as of April 30, 2020[71] Corporate Governance - The company has established a sound corporate governance structure to protect the rights of shareholders, especially minority shareholders[124] - The company has committed to fulfilling its equity incentive promises to minority shareholders, demonstrating a commitment to corporate governance[95] - Independent directors attended all board meetings and shareholder meetings, demonstrating active participation in corporate governance[181] - The audit committee held 4 meetings during the reporting period, focusing on internal audits and financial reporting[185] Market Expansion and Strategy - The company has set up subsidiaries in the UK and the US to strengthen its international market presence and sales capabilities[30] - The company expanded its market presence by establishing 83 new agents and setting up "伟隆（香港）实业有限公司" to enhance international business operations[39] - The company aims to expand its market presence in Southeast Asia, targeting a 15% market share by 2023[165] - The company is exploring potential mergers and acquisitions to enhance its market position and product offerings[165] Risk Factors - The company has indicated uncertainty regarding its ability to continue as a going concern based on the latest audit report[15] - The company is exposed to risks from potential changes in export tax rebate rates and tax incentives for high-tech enterprises, which could impact its financial performance[81] - The cost of raw materials accounts for 60%-70% of the company's main business costs, with fluctuations in steel prices posing a risk to product costs[79] - The company is facing intensified competition in the domestic valve market, with over 2,000 valve manufacturers reported in China[79] Employee and Management - The company employed a total of 680 staff, with 434 in production, 100 in technical roles, and 40 in sales[170] - The company has established a comprehensive salary management system based on job value and performance, ensuring competitive compensation for employees[172] - The company has implemented annual employee training plans to enhance skills and align with strategic goals[173] - The company has a total of 91,600 stock options granted during the reporting period, with a market price of 17.23 yuan per share[169] Legal and Compliance - The company has not faced any major litigation or arbitration issues during the reporting period, indicating a stable operational environment[102] - The company has not engaged in any related party transactions during the reporting period, including asset or equity acquisitions[111][112] - The company reported zero significant defects in both financial and non-financial internal controls for the reporting period[189] Shareholder Structure - The largest shareholder, Fan Qingwei, holds 59.45% of shares, totaling 69,389,900 shares, with a decrease of 6,039,100 shares during the reporting period[143] - The company’s shareholder structure shows that the proportion of limited shares decreased from 74.95% to 51.75%[135] - The total shares held by Chairman Fan Qingwei decreased from 75,429,000 to 69,389,900, reflecting a reduction of 6,039,100 shares[154]

青岛伟隆阀门股份有限公司 2021 年第一季度报告全文 青岛伟隆阀门股份有限公司 2021 年第一季度报告 2021-037 2021 年 04 月 1 青岛伟隆阀门股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及除以下存在异议声明的董事、监事、高级管理人员 外的其他董事、监事、高级管理人员均保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 董事、监事、高级管理人员异议声明 | | | 所有董事均已出席了审议本次季报的董事会会议。 公司负责人范庆伟、主管会计工作负责人迟娜娜及会计机构负责人(会计主 管人员)王涛声明：保证季度报告中财务报表的真实、准确、完整。 2 青岛伟隆阀门股份有限公司 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） | 79,260,88 ...

Financial Performance - The company's operating revenue for 2020 was ¥344,590,024.63, a decrease of 2.99% compared to ¥355,225,906.74 in 2019[15] - The net profit attributable to shareholders for 2020 was ¥57,968,093.00, representing an increase of 9.41% from ¥52,983,867.54 in 2019[15] - The net cash flow from operating activities decreased by 32.33% to ¥89,946,129.75 in 2020, down from ¥132,922,717.03 in 2019[15] - Basic earnings per share increased by 11.11% to ¥0.50 in 2020, compared to ¥0.45 in 2019[15] - Total assets at the end of 2020 were ¥869,664,922.77, an increase of 8.72% from ¥799,909,010.24 at the end of 2019[15] - The net assets attributable to shareholders at the end of 2020 were ¥663,232,732.54, up 1.83% from ¥651,310,430.22 at the end of 2019[15] - The weighted average return on equity for 2020 was 8.50%, slightly up from 8.26% in 2019[15] - The company reported a decrease of 0.42% in net profit after deducting non-recurring gains and losses, totaling ¥42,433,709.05 in 2020[15] - The company reported a net profit of CNY 65,672,774.88 for the year 2020, with a cash dividend distribution plan of CNY 52,506,000, which corresponds to CNY 4.50 per 10 shares[85] - The total cash dividend amount for 2020 was CNY 52,506,000, representing 100% of the distributable profit of CNY 252,498,577.96[89] Revenue and Sales - The company achieved operating revenue of ¥19,097,638.60 from new valve manufacturing projects in 2020, marking a significant increase from zero revenue in 2019[25] - The company's export revenue accounted for 80.11% of total operating revenue in 2020, down from 85.20% in 2019, reflecting a slight decrease in export reliance[26] - The sales of valves accounted for 80.12% of total revenue, amounting to CNY 276,069,311.82, while sales of automotive parts reached CNY 19,097,638.60, marking a 100% increase from the previous year[44] - Domestic sales increased by 35.44% to CNY 68,548,419.01, while export revenue decreased by 8.80% to CNY 276,041,605.62[44] - The total valve sales for 2020 reached ¥276,069,311.82, representing a year-on-year increase of 37.56%[47] Market Expansion and Development - The company has established subsidiaries in the UK and the US to enhance its international market presence and sales capabilities[30] - The company expanded its market presence by establishing 83 new agents and setting up "伟隆（香港）实业有限公司" to enhance international business operations[39] - The company plans to expand its market presence by entering two new regional markets in 2021, aiming for a 20% increase in market share[99] - The company is focusing on transforming from traditional manufacturing to intelligent manufacturing to enhance competitiveness[80] - The company plans to increase its total share capital from 11,668,000 shares to 16,918,600 shares after the dividend distribution and capital reserve transfer[89] Research and Development - The company has formed a technical management committee and an expert committee to drive its R&D efforts, ensuring continuous improvement in product design and quality[29] - New product development included the launch of 42 specifications of eccentric ball valves and elastic check valves, which received FM/UL/WRAS certifications[39] - The company invested CNY 11,650,000 in 2020 to acquire 55 sets of automated and intelligent production equipment, improving production efficiency[40] - New product development initiatives are underway, with an investment of 10 million RMB allocated for R&D in innovative valve technologies[98] - The company has allocated 100 million yuan for research and development in advanced valve technologies over the next two years[165] Corporate Governance and Management - The company has established a sound governance structure to ensure fair treatment of all investors and creditors[123] - The company has maintained a good credit standing, with no outstanding debts or legal issues reported during the year[103] - The company has implemented a stock incentive plan linking senior management's performance to their compensation, promoting alignment with company growth[187] - The company’s leadership is dedicated to maintaining high standards of corporate governance and transparency in its operations[159] - Independent directors attended all board meetings and shareholder meetings, demonstrating active participation in corporate governance[181] Risks and Challenges - Over 80% of the company's revenue comes from exports, primarily to Europe, the US, Asia, and Oceania, exposing it to overseas market risks[77] - The domestic valve market is highly competitive, with over 2,000 enterprises, increasing the risk of market competition for the company[78] - Raw material costs account for 60%-70% of the company's main business costs, making it vulnerable to fluctuations in steel prices[79] - Changes in export tax rebate rates and tax policies could significantly impact the company's financial performance[80] - The company faces risks related to product quality stability due to the complexity of the production process[79] Employee and Organizational Structure - The company employed a total of 680 staff, with 434 in production, 40 in sales, 100 in technical roles, and 14 in finance[170] - The company has established a comprehensive salary management system based on job value and performance, providing a good development platform for employees[172] - The company conducted annual employee training plans focusing on skill enhancement and management systems, ensuring employee growth aligned with company strategy[173] - The company has a total of 5 employees with master's degrees and 55 with bachelor's degrees among its workforce[171] - The company maintains complete independence in business operations, assets, and personnel from its controlling shareholder[177] Legal and Compliance - The company has not engaged in any major related party transactions during the reporting period[110] - The company has not conducted any asset or equity acquisitions or sales during the reporting period[111] - The company has not entered into any major contracts that significantly impact its profit during the reporting period[115] - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[176] - The lawsuit amount related to the contract dispute is 15.05174 million yuan, which does not meet the disclosure standard and will not significantly impact the company's operations[130]

Financial Performance - Operating revenue for the reporting period was CNY 95,713,065.10, representing a 9.67% increase year-on-year[9] - Net profit attributable to shareholders was CNY 18,646,574.39, up 15.74% from the same period last year[9] - The company reported a net profit of CNY 46,186,603.98 for the year-to-date, reflecting an 8.15% increase compared to the same period last year[9] - Basic earnings per share rose by 14.29% to CNY 0.16[9] - The weighted average return on net assets was 2.88%, an increase of 11.92% year-on-year[9] - Total operating revenue for the third quarter reached ¥95,713,065.10, an increase from ¥87,272,440.56 in the previous period[42] - Net profit for the quarter was ¥18,646,574.39, up from ¥16,110,969.24 year-over-year, indicating a growth of approximately 15.7%[44] - The company reported a total profit of ¥21,950,798.50 for the quarter, an increase from ¥18,916,772.96 year-over-year[44] - Net profit for the current period was ¥46,186,603.98, an increase of 8.7% compared to ¥42,704,120.01 in the previous period[52] - Basic and diluted earnings per share increased to ¥0.40 from ¥0.37, representing an increase of 8.1%[54] Assets and Liabilities - Total assets increased by 8.07% to CNY 864,432,768.49 compared to the end of the previous year[9] - Cash and cash equivalents increased by 45.73% to ¥93,498,140.22, primarily due to the maturity of financial products[17] - Current assets totaled CNY 549,914,920.03, up from CNY 486,111,732.98, indicating a growth of about 13.1%[34] - Total liabilities increased to CNY 216,178,424.59 from CNY 148,598,580.02, reflecting a growth of approximately 45.5%[36] - Total operating costs amounted to ¥78,286,907.20, compared to ¥72,480,765.92 in the prior year, reflecting a rise in operational expenses[43] - Total liabilities increased to ¥168,090,954.35 from ¥94,520,771.46, showing a significant rise in financial obligations[43] - The company reported a significant increase in contract liabilities, rising to CNY 29,048,995.64 from CNY 11,957,280.71, an increase of approximately 142.5%[36] Cash Flow - Net cash flow from operating activities reached CNY 36,008,688.73, an increase of 22.98% compared to the previous year[9] - The net cash flow from operating activities was CNY 68,103,699.22, up from CNY 53,672,446.92 in the previous year, indicating a growth of about 26.8%[61] - Cash inflow from operating activities totaled CNY 293,015,623.43, slightly down from CNY 294,519,227.86 in the previous year, showing a decrease of approximately 0.5%[59] - Cash outflow from operating activities was CNY 224,911,924.21, compared to CNY 240,846,780.94 in the previous year, reflecting a decrease of about 6.6%[61] - The net cash flow from financing activities was negative CNY 1,944,650.90, an improvement from negative CNY 23,124,000.00 in the previous year[62] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 11,076[13] - The largest shareholder, Fan Qingwei, holds 61.80% of the shares, totaling 72,139,000 shares[13] Other Financial Metrics - Non-recurring gains and losses totaled CNY 12,091,956.25 for the year-to-date[11] - Other income grew by 106.26% to ¥3,183,322.29, primarily due to an increase in government subsidies[17] - The company reported a financial asset fair value change income of ¥4,040,612.43, with no comparable figure in the previous period[52] - The income tax expense for the current period was ¥7,934,697.18, compared to ¥7,171,986.78 in the previous period, reflecting an increase of 10.6%[52] - The report was not audited, which may affect the reliability of the financial data presented[67]

证券代码：002871 证券简称：伟隆股份 公告编号：2020-068 青岛伟隆阀门股份有限公司 关于参加投资者网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，青岛伟隆 阀门股份有限公司（以下简称"公司"）将参加由青岛证监局、青岛市上市公司 协会、上证所信息网络有限公司共同举办的"2020年青岛辖区上市公司投资者网 上集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台举行，投资 者可以登录"上证路演中心"网站（http://roadshow.sseinfo.com）或关注微 信公众号：上证路演中心，参与公司本次投资者集体接待日活动，活动时间为2020 年9月25日（星期五）下午15:00至17:00。届时公司副总经理、董事会秘书刘克 平先生、证券事务代表赵翔先生将通过网络在线交流形式与投资者就公司治理、 发展战略、经营状况、融资计划、股权激励和可持续发展等投资者关注的问题进 行沟通。 欢迎广大投资者积极参与。 特此公告！ 青岛伟隆阀门 ...

Financial Performance - The company's operating revenue for the first half of 2020 was ¥151,828,243.46, a decrease of 12.11% compared to ¥172,747,547.83 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was ¥27,540,029.59, an increase of 3.56% from ¥26,593,150.77 in the previous year[18]. - The net cash flow from operating activities increased by 31.58%, reaching ¥32,095,010.49 compared to ¥24,391,451.50 in the same period last year[18]. - The total assets at the end of the reporting period were ¥811,979,184.07, reflecting a growth of 1.51% from ¥799,909,010.24 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 3.51%, amounting to ¥628,458,273.18 compared to ¥651,310,430.22 at the end of the previous year[18]. - The basic earnings per share for the reporting period was ¥0.24, an increase of 4.35% from ¥0.23 in the same period last year[18]. - The gross profit margin for the main business was 37.96%, an increase of 2.45% compared to the previous year[46]. - The sales revenue from valve parts and fittings increased by 30.14% year-on-year, primarily due to the addition of automotive casting parts revenue[46]. Investment and Capital Management - The company has invested in building its own casting production capabilities through its wholly-owned subsidiary, ensuring a stable supply of valve components and reducing reliance on external suppliers[35]. - The total amount of raised funds is RMB 21,963.5 million, with RMB 74.7 million invested during the reporting period[54]. - Cumulative investment of raised funds reached RMB 13,307.58 million, with a change in purpose amounting to RMB 9,923 million, accounting for 45.18% of the total raised funds[54]. - The investment in the "Large Specifications and Special Purpose Valve Production Project" is RMB 18,258 million, with RMB 8,335.5 million invested, representing 60.39% of the planned investment[57]. - The company has a remaining balance of RMB 10,422.87 million in raised funds, with RMB 3,500 million in financial products and RMB 4,500 million transferred to supplement working capital[58]. - The company plans to use the remaining raised funds for permanent working capital supplementation, with a total of RMB 10,422.87 million remaining as of June 30, 2020[58]. Market and Business Operations - The company's main business involves the design, research and development, manufacturing, and sales of water supply and drainage valve products, with over 2,000 specifications available to meet customer needs[26]. - In 2020, the company's export revenue accounted for 84.19% of its main business income, with products sold to over 50 countries and regions including Europe, North America, and Asia[27]. - The company has established long-term stable relationships with high-quality brand customers across various regions, contributing to its market expansion efforts[32]. - The company has developed over 60 new product specifications, including fire signal butterfly valves and fire gate valves, which have passed certifications such as 3C/Gasmark, laying a solid foundation for market expansion[39]. - The company plans to enhance its market expansion efforts along the "Belt and Road" initiative and improve the recognition of its "WEFLO" brand[67]. Risk Management - The company has outlined potential risks and corresponding countermeasures in its operational analysis section[5]. - The company faced risks from raw material price fluctuations, with raw material costs comprising approximately 60%-70% of the main business expenses during the reporting period[67]. - The company has implemented measures to mitigate risks from raw material price fluctuations, including optimizing supplier relationships and signing long-term contracts[68]. Corporate Governance and Shareholder Information - The company reported a lock-up period extension of 6 months for shares held by shareholders after the IPO[75]. - Shareholders committed not to transfer or entrust the management of shares held prior to the IPO for 36 months[75]. - The company will not repurchase shares during the 6-month period post-IPO if the stock price falls below the IPO price[76]. - The company plans to reduce shareholdings by up to 10% of total shares within two years after the lock-up period ends[78]. - The company has not undergone any changes in its controlling shareholder during the reporting period[122]. - The actual controller of the company, the Fan Qingwei family, holds 72.66% of the company's shares, ensuring significant control over corporate decisions[181]. Research and Development - The company has a robust research and development team with 29 patents, including 2 domestic invention patents, and has developed advanced technologies such as the non-water interruption gate installation technology[31]. - The company's R&D investment increased by 19.62% to ¥9,621,333.72, compared to ¥8,043,176.47 in the previous year, reflecting a commitment to innovation[42]. Social Responsibility - The company actively fulfilled its social responsibilities, contributing 55,000 yuan to poverty alleviation efforts during the first half of 2020[111].