| --- | --- | |--------------------------------------------------------------------------------|----------------------------------------------------------------------| | | | | 证券代码： 200771 | 公告编号： 2020-33 | | 杭州汽轮机股份有限公司 关于参加浙江辖区上市公司投资者 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公告内容的真实、准确和完整，没有虚假记载、 | | 误导性陈述或者重大遗漏。 | | | | 为进一步加强与投资者的沟通交流，杭州汽轮机股份有限公司 | | （以下简称"公司"）将参加由中国证券监督管理委员会浙江监管局 | | | 指导、浙江上市公司协会与深圳市全景网络有限公司共同举办的"凝 | | | 心聚力 | 共克时艰"辖区上市公司投资者网上集体接待日主题活动， | | 现将有关事项公告如下： | | | | 本次投资者网上集体接待日活动将通过深圳市全景网络有限公 | | ...

Stock Code: 200771 Stock ID: Hangqilun B Announcement No. 2020-33 Hangzhou Steam Turbine Co., Ltd. Announcement on participation in the online collective reception day for investo rs of listed companies in Zhejiang jurisdiction The members of the Board and the Company acknowledge being responsible for the truthfulness, accuracy, and completeness of the announcement. Not any false record, misleading statement or significant omission carried in this announcement. In order to further strengthen the communicati ...

Financial Performance - The company's operating revenue for the year was ¥4,279,848,518.81, a decrease of 7.82% compared to ¥4,642,807,589.69 in the previous year[22]. - The net profit attributable to shareholders was ¥345,138,064.00, showing a slight decrease of 0.20% from ¥345,824,339.47 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥302,012,173.45, an increase of 7.83% compared to ¥280,075,101.48 in the previous year[22]. - The net cash flow from operating activities was ¥432,255,831.23, down 32.92% from ¥644,433,167.20 in the previous year[22]. - The total assets at the end of the year were ¥12,600,115,579.96, an increase of 8.91% from ¥11,569,169,903.81 at the end of the previous year[22]. - The net assets attributable to shareholders increased by 9.99% to ¥6,607,496,148.58 from ¥6,007,540,929.16 at the end of the previous year[22]. - The company achieved operating revenue of 4.28 billion yuan, a year-on-year decrease of 7.82%, while total profit increased by 1.56% to 477.38 million yuan[45]. - The company reported a gross profit margin of 30.00% in the boiler and prime mover manufacturing sector, down by 0.87% from the previous year[58]. - The total operating cost for 2019 was CNY 2,962,218,665.32, a decrease of 8.01% compared to CNY 3,220,021,819.91 in 2018[61]. Market and Business Strategy - The company is focusing on differentiated marketing strategies and expanding its overseas market presence to enhance its market share[32]. - The company is collaborating with Siemens on the SGT-800 gas turbine model to enter the distributed energy sector, enhancing its product offerings[32]. - The company is committed to continuous product innovation and technological advancements to meet customer demands and improve product performance[33]. - The company is focusing on cost control through organizational optimization and supply chain management to address rising labor costs and declining product prices[45]. - The company is advancing its transformation towards service-oriented manufacturing by enhancing after-sales service and extending the product value chain[45]. - The company is exploring strategic investment opportunities and partnerships to strengthen its market position and expand into emerging markets[92]. Research and Development - The company completed 40 R&D projects during the reporting period, including 10 new product developments and 30 research initiatives[45]. - The company has developed nearly 600 models of industrial steam turbines, covering R&D and design capabilities for units below 150MW[38]. - The company initiated the supercritical carbon dioxide (SCO2) turbine project, filling a gap in domestic commercial application research[46]. - The company is focusing on developing new products and technologies, including supercritical CO2 and subcritical projects, to maintain its competitive edge[94]. - The number of R&D personnel was 910, representing 25.05% of the total workforce, a slight decrease from 912 in 2018[65]. Shareholder and Equity Information - The company reported a total share capital of 754,010,400 shares at the end of 2019, with a cash dividend of 2.0 RMB per 10 shares (including tax) proposed for distribution to all shareholders[6]. - The company has maintained a cash dividend payout ratio of 100% for the total profit distribution in the reporting period[112]. - The total number of common shareholders at the end of the reporting period was 13,183, an increase from 12,825 in the previous month[177]. - The largest shareholder, Hangzhou Steam Turbine Power Group Co., Ltd., holds 63.64% of the shares, totaling 479,824,800 shares[177]. - The company has implemented a share repurchase plan approved in December 2019, aimed at employee stock ownership plans or equity incentives[170]. Risk Management and Challenges - The company faces increasing market competition due to significant overcapacity in the domestic turbine market, which is expected to impact product sales[96]. - The company is facing risks related to exchange rate fluctuations due to its international procurement and sales, which may lead to foreign exchange losses[99]. - The company is committed to enhancing its risk management capabilities to address potential challenges related to contract execution and receivables collection[98]. - The company is focused on improving internal management and operational efficiency to mitigate risks associated with declining profit levels due to market structure changes[102]. Corporate Social Responsibility - The company is committed to social responsibility, focusing on environmental protection and sustainable development, with a 100% safety disposal rate for hazardous waste[160]. - The company allocated 150,000 yuan annually for poverty alleviation activities in the Zhitong Town of Chun'an County from 2017 to 2021[161]. - The company actively engages in community service and supports public welfare initiatives, including blood donation activities[160]. - The company has improved employee welfare by increasing medical expense subsidies and providing health insurance[160]. Financial Reporting and Compliance - The company reported a net profit available for distribution to ordinary shareholders of 2,602,026,967.56 yuan for the year 2019[112]. - The company has not proposed a cash dividend distribution plan for the year 2019 despite having a positive net profit available for distribution[112]. - The company has no significant accounting errors that require retrospective restatement during the reporting period[126]. - The company’s financial reporting for 2019 reflects the adoption of revised accounting standards effective from January 1, 2019[116].

杭州汽轮机股份有限公司 2020 年第一季度报告全文 证券代码：200771 证券简称：杭汽轮Ｂ 公告编号：2020-23 杭州汽轮机股份有限公司 2020 年第一季度报告 （股票代码：200771） 2020 年 04 月 1 杭州汽轮机股份有限公司 2020 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。 公司负责人郑斌、主管会计工作负责人赵家茂及会计机构负责人(会计主管 人员)金灿声明：保证季度报告中财务报表的真实、准确、完整。 2 杭州汽轮机股份有限公司 2020 年第一季度报告全文 非经常性损益项目和金额 单位：元 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 否 | --- | --- | --- | --- | |---------------------------------------------------------------------------| ...

| --- | --- | --- | |--------------------------------|-------------------------------------------------------------------------------|------------------------------| | | | | | 证券代码： 200771 | 证券简称：杭汽轮 B | 公告编号： 2019-60 | | | 杭州汽轮机股份有限公司关于参加 浙江辖区上市公司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公告内容的真实、准确和完整，没有虚假记载、 | | | 误导性陈述或者重大遗漏。 | | | | | 为进一步加强与投资者的沟通交流，杭州汽轮机股份有限公司 | | | | （以下简称"公司"）将参加由浙江上市公司协会、深圳市全景网络 | | | 有限公司共同举办的"沟通促发展 | | 理性共成长"浙江辖区上市公司 | | | 投资者网上集体接待日主题活动（以下简称"本次活动"），现将有 | | | 关事项公告如下： | | | | | 本次活动将通 ...

杭州汽轮机股份有限公司 2019 年第三季度报告全文 证券代码：200771 证券简称：杭汽轮Ｂ 公告编号：2019-58 杭州汽轮机股份有限公司 2019 年第三季度报告全文 （股票代码：200771） 2019 年 10 月 1 杭州汽轮机股份有限公司 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。 公司负责人郑斌、主管会计工作负责人赵家茂及会计机构负责人(会计主管 人员)金灿声明：保证季度报告中财务报表的真实、准确、完整。 2 杭州汽轮机股份有限公司 2019 年第三季度报告全文 非经常性损益项目和金额 单位：人民币元 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 否 | --- | --- | --- | --- | --- | |----------------------------------------------------------------- ...

杭州汽轮机股份有限公司 2019 年半年度报告全文 证券代码：200771 证券简称：杭汽轮 B 公告编号：2019-48 杭州汽轮机股份有限公司 2019 年半年度报告 （股票代码：200771） 2019 年 8 月 1 杭州汽轮机股份有限公司 2019 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人郑斌、主管会计工作负责人赵家茂及会计机构负责人(会计主管 人员)金灿声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本报告所涉及的公司未来计划等前瞻性陈述，不构成公司对投资者的实质 承诺，请投资者注意投资风险。公司经营中存在的风险请参见第四节公司面临 的风险部分。本公司指定信息披露媒体为：《上海证券报》（中文）、《证券时报》 （中文）、《香港商报》（英文）、巨潮资讯网（http://www.cninfo.com.cn）（中 英文），本公司所有信息均以在上述选定媒体刊登的信息为准，敬请投资者注意 投 ...

Revenue and Profitability - Revenue for Q1 2019 was CNY 981,379,422.22, representing a 2.01% increase compared to CNY 962,078,793.39 in the same period last year[10] - Net profit attributable to shareholders was CNY 77,880,149.01, a significant increase of 99.48% from CNY 39,042,232.50 year-on-year[10] - Net profit after deducting non-recurring gains and losses reached CNY 64,434,545.56, up 126.33% from CNY 28,469,122.60 in the previous year[10] - Basic and diluted earnings per share both increased to CNY 0.10, doubling from CNY 0.05 in the same quarter last year[10] - Operating profit increased significantly to ¥113,893,801.48 from ¥55,453,439.10, marking an increase of approximately 105.00%[38] - Net profit for the current period is ¥95,029,878.54, up from ¥48,809,095.28, reflecting an increase of about 94.67%[41] - Earnings per share (EPS) rose to ¥0.10 from ¥0.05, indicating a 100% increase[41] - Comprehensive income totalled ¥374,653,527.91, compared to ¥9,191,993.78 in the previous period, showing a substantial increase[41] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,035,257,391.97, reflecting a 4.03% increase from CNY 11,569,169,903.81 at the end of the previous year[10] - Net assets attributable to shareholders rose to CNY 6,364,721,242.43, a 5.95% increase from CNY 6,007,540,929.16 at the end of last year[10] - The total liabilities reached CNY 3,315,304,369.53, compared to CNY 3,288,400,920.02, showing a slight increase of approximately 0.8%[35] - The owner's equity totaled CNY 5,861,314,862.77, which is an increase from CNY 5,482,740,637.35, representing a growth of around 6.9%[35] - Total current assets amounted to ¥7,698,660,188.18, with cash and cash equivalents at ¥1,382,392,009.59 and accounts receivable at ¥2,535,887,430.48[57] - Total non-current assets were ¥3,870,509,715.63, including fixed assets of ¥783,740,928.49 and intangible assets of ¥279,740,756.49[57] - Total liabilities reached ¥5,144,639,524.94, with current liabilities at ¥4,358,217,998.81 and non-current liabilities at ¥786,421,526.13[60] Cash Flow - The net cash flow from operating activities was negative at CNY -10,468,568.94, a decline of 108.26% compared to a positive CNY 126,725,248.14 in the same period last year[10] - Cash inflow from operating activities totaled ¥362,622,730.62, an increase from ¥339,942,049.49 in the previous period, representing a growth of approximately 6.5%[53] - Cash outflow from operating activities was ¥401,245,395.08, compared to ¥385,944,489.91 in the prior period, indicating an increase of about 4.5%[53] - The net cash flow from operating activities was -¥38,622,664.46, an improvement from -¥46,002,440.42 year-over-year[53] - Cash inflow from investment activities reached ¥564,838,301.36, down from ¥781,108,819.01, reflecting a decrease of approximately 27.7%[53] - Cash outflow from investment activities was ¥269,962,456.00, significantly lower than ¥927,378,236.48 in the previous period, a reduction of about 70.9%[53] - The net cash flow from investment activities was ¥294,875,845.36, a substantial recovery from -¥146,269,417.47 in the prior year[53] - The net increase in cash and cash equivalents was ¥251,623,934.34, compared to a decrease of -¥203,371,360.91 in the previous period, indicating a significant turnaround[53] - The ending balance of cash and cash equivalents was ¥1,093,971,052.17, up from ¥451,035,819.42, marking a growth of approximately 142.5%[53] Shareholder Information - The company reported a total of 13,879 common shareholders at the end of the reporting period[15] - The largest shareholder, Hangzhou Steam Turbine Power Group Co., Ltd., holds 63.64% of the shares, totaling 479,824,800 shares[15] - The company has no overdue commitments from actual controllers, shareholders, or related parties during the reporting period[23] Operational Highlights - The company has made progress in the turbine manufacturing project, with parts of the new turbine power building already in use[20] - The company is focusing on expanding its market presence and enhancing product development strategies[62] - The company has a long-term investment strategy, with long-term equity investments reported at ¥8,221,439.29[57] - The company is actively managing its liabilities, with short-term borrowings recorded at ¥139,600,000.00[60] Financial Management - Financial expenses decreased by 68.60% to ¥4,347,822.25 primarily due to increased interest income and reduced exchange losses[19] - Research and development expenses decreased to ¥55,876,602.49 from ¥57,857,493.56, a decline of approximately 3.42%[38] - Other income increased to ¥1,618,554.63 from ¥367,707.12, representing a growth of approximately 339.00%[38] - Investment income remained relatively stable at ¥16,333,452.93 compared to ¥16,889,734.98, a slight decrease of about 3.30%[38] Inventory and Current Assets - The company has a significant inventory level of ¥2,188,121,342.87, indicating potential for future sales[57] - Other current assets decreased by 34.27% to ¥781,347,086.94 due to a year-on-year decline in financial management amounts[19] - Construction in progress increased by 21.81% to ¥553,964,577.53 as a result of new investments in the turbine manufacturing project[19] - The company's current assets totaled CNY 5,371,056,319.37, up from CNY 5,256,784,350.95, indicating an increase of about 2.2%[32]

Financial Performance - The company reported a total revenue of RMB 754 million for the year 2018, representing a year-on-year increase of 12%[5]. - The net profit attributable to shareholders was RMB 120 million, an increase of 15% compared to the previous year[5]. - The company's operating revenue for the year reached ¥4,642,807,589.69, an increase of 34.69% compared to ¥3,447,142,669.49 in the previous year[22]. - Net profit attributable to shareholders was ¥345,824,339.47, a significant increase of 402.99% from ¥68,753,250.90 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥280,075,101.48, compared to a loss of ¥1,460,504.46 in the previous year, marking a 19276.60% improvement[22]. - Basic and diluted earnings per share were both ¥0.46, reflecting a 411.11% increase from ¥0.09 in the previous year[22]. - The company reported a total of 28,025.69 million yuan in related party transactions during the reporting period, with a breakdown including 17,347.26 million yuan for purchasing generators and 5,589.24 million yuan for service fees[129]. - The company reported a total revenue of 1.2 billion RMB for the year 2018, representing a year-on-year increase of 15%[180]. - The net profit attributable to shareholders was 150 million RMB, an increase of 10% compared to the previous year[180]. - The company maintained a stable gross margin of 25% throughout the reporting period[180]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 2.0 per 10 shares, totaling RMB 150.8 million based on the current share base[5]. - The cash dividend payout ratio for 2018 was 43.61% of the net profit attributable to ordinary shareholders, which was 345,824,339.47 yuan[114]. - The company has a policy to distribute at least 30% of the average distributable profit over the last three years as cash dividends, provided that profits and cash flow allow[110]. - The company distributed a cash dividend of 2.00 yuan (including tax) per 10 shares for the fiscal year 2018, totaling 150,802,080.00 yuan[110]. - The total number of shares for the dividend distribution in 2018 was 754,010,400 shares[114]. Market Expansion and Strategy - The company has expanded its market presence, focusing on the development of steam and gas turbines, with a significant increase in production capacity[19]. - The company aims to enhance its service offerings in the energy and industrial sectors, targeting a 10% growth in service revenue for 2019[19]. - Future guidance indicates a projected revenue growth of 10-15% for 2019, driven by new product launches and market expansion efforts[19]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share by 2020[180]. - The company is actively pursuing strategic partnerships to enhance its technological capabilities and market reach[19]. - The company is focusing on market demand-driven strategies and has implemented differentiated marketing strategies to enhance market share[31]. Research and Development - Research and development expenses increased by 20% year-on-year, reflecting the company's commitment to innovation and new product development[19]. - The company developed 21 new products and completed 16 research projects during the reporting period[44]. - The company has allocated 100 million RMB for research and development in the upcoming fiscal year[180]. - New product development includes the launch of a high-efficiency turbine expected to increase operational efficiency by 15%[180]. - Research and development expenses increased by 25.41% to ¥264,643,888.76, representing 5.70% of operating revenue[63]. Operational Efficiency - The company achieved a historical record in turbine manufacturing production, enhancing product quality and user experience[45]. - The company reported a significant increase in user data, with a 25% rise in customer inquiries and service requests[19]. - Customer satisfaction ratings improved to 90%, up from 85% in the previous year, reflecting enhanced service and product quality[196]. - The company reported a net profit margin of 12% for 2018, an increase from 10% in 2017, showcasing improved operational efficiency[196]. Challenges and Risks - The company faces challenges from overcapacity in the turbine industry and intensified competition from both domestic and international players[81]. - The company anticipates risks related to market competition due to excess capacity in the domestic turbine market, which may impact product sales[95]. - The company faces potential risks in contract execution due to market volatility, which may lead to project delays and increased costs[96]. - The company is implementing customer credit management to mitigate risks associated with accounts receivable, as the average account age is increasing[97]. Corporate Governance and Shareholder Relations - The company has no changes in its controlling shareholder, ensuring stability in management and operations[19]. - The company ensures that the interests of minority shareholders are adequately protected and their opinions are considered in the dividend distribution process[110]. - The company has a clear and transparent decision-making process for adjusting its profit distribution policy, which requires independent director and supervisory board opinions[110]. - The company engaged in four investor communication activities during the reporting period, with three institutions and one individual involved[104]. Environmental and Social Responsibility - The company has not been classified as a key pollutant discharge unit by environmental protection authorities and has implemented ISO 14001 environmental management system since 2006[151]. - The company has maintained a complete and effective waste management system, with no environmental pollution incidents reported over the years[153]. - The company participated in poverty alleviation activities in Hangzhou, committing CNY 150,000 annually from 2017 to 2021, with a total contribution of CNY 15 million in 2018[147][148]. - The company will provide cash assistance of CNY 150,000 to Zitong Town in Chun'an County for targeted poverty alleviation in the next fiscal year[150].

Financial Performance - Net profit attributable to shareholders surged by 716.66% to CNY 163,313,243.33 for the reporting period[7] - Operating revenue rose by 19.79% to CNY 1,108,687,686.30 for the reporting period[7] - Basic earnings per share increased by 703.70% to CNY 0.217[7] - The company's operating revenue for the current period reached ¥3,392,818,668.43, representing a year-on-year increase of 31.04% due to the delivery of key projects[6] - The company reported a significant increase in other income, which rose by 624.09% to ¥22,867,462.28, primarily due to tax exemptions on military projects[6] - The company’s tax expenses surged by 822.00% to ¥54,032,024.96, reflecting increased profits and corresponding tax liabilities[6] Cash Flow - Net cash flow from operating activities reached CNY 600,061,531.02, a 200.14% increase year-to-date[7] - The net cash flow from operating activities increased by 200.14% to ¥600,061,531.02, attributed to higher cash receipts from sales and reduced cash payments for raw materials[6] - The company’s investment activities generated a net cash outflow of ¥417,696,615.32, a 586.65% increase compared to the previous period, mainly due to cash payments for construction projects[6] Assets and Liabilities - Total assets increased by 8.08% to CNY 11,705,467,175.92 compared to the end of the previous year[7] - The company's net assets attributable to shareholders grew by 2.67% to CNY 6,041,748,628.95 compared to the end of the previous year[7] - The company’s long-term payables increased by 15.34% to ¥515,885,987.27, primarily due to the receipt of additional relocation compensation[6] Shareholder Information - The total number of shareholders at the end of the reporting period was 14,284[12] - The largest shareholder, Hangzhou Steam Turbine Power Group Co., Ltd., holds 63.64% of the shares[12] Other Financial Metrics - The weighted average return on equity was 2.73%, up from 2.41% in the previous year[7] - Non-recurring gains and losses totaled CNY 58,332,769.83 for the year-to-date[9] - The company has received a total of ¥306,793,224.24 in relocation compensation as part of its project preparations[18] - The company’s financial expenses turned positive with a net income of ¥9,991,434.12, a significant improvement compared to the previous year's expenses of ¥12,279,377.17[6] - The company’s prepayments increased by 31.43% to ¥586,394,937.81, mainly due to higher raw material prepayments[6] - The company has no overdue commitments or non-operating fund occupation by controlling shareholders or related parties during the reporting period[20]