Financial Performance - Net profit attributable to shareholders rose by 13.77% to CNY 87,249,018.71 for the reporting period[8] - Operating revenue for the period reached CNY 565,097,482.06, reflecting a growth of 16.23% year-on-year[8] - Basic earnings per share rose by 20.00% to CNY 0.24 for the reporting period[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses decreased by 1.50% year-to-date[8] - Operating profit for the period was ¥101,439,460.17, compared to ¥91,022,247.91 in the same period last year, reflecting an increase of about 11.6%[40] - Net profit attributable to the parent company was ¥87,249,018.71, up from ¥76,687,668.00, marking a growth of approximately 14.8%[40] - Net profit for the current period was ¥214,701,879.37, a slight increase of 2.3% compared to ¥209,734,417.71 in the previous period[48] - Total profit for the current period was ¥245,649,689.49, compared to ¥243,901,436.09 in the previous period, reflecting a growth of 0.6%[48] Assets and Liabilities - Total assets increased by 10.38% to CNY 4,083,087,335.64 compared to the end of the previous year[8] - Total current assets increased to CNY 2,014,753,907.46 from CNY 1,817,977,351.47, representing a growth of approximately 10.8%[31] - Total non-current assets reached CNY 2,068,333,428.18, up from CNY 1,881,133,305.71, marking an increase of about 10%[32] - Total liabilities increased to CNY 1,392,895,087.88 from CNY 1,241,883,206.28, representing a growth of approximately 12.2%[33] - Total equity rose to CNY 2,690,192,247.76 from CNY 2,457,227,450.90, reflecting an increase of about 9.5%[33] Cash Flow - The net cash flow from operating activities increased by 66.77% to CNY 176,426,914.99 year-to-date[8] - The cash inflow from operating activities for the period reached ¥1,475,826,587.64, an increase of approximately 25.1% compared to ¥1,179,002,848.71 in the previous period[53] - The net cash flow from operating activities was ¥176,426,914.99, up from ¥105,787,547.23, representing a growth of about 66.6%[53] - The cash inflow from investment activities totaled ¥1,232,345,431.29, a decrease of 16.3% from ¥1,472,303,604.25 in the prior period[55] - The cash inflow from financing activities amounted to ¥547,188,362.34, compared to ¥379,789,381.22, reflecting an increase of approximately 44.2%[55] Investments and Projects - The company completed the construction of the Huizhou Phase II project, with all civil works finished and equipment installation nearly complete, expected to reach operational status by December 31, 2018[19] - The company invested RMB 18 million in its associate Fujian Yongjing Technology Co., Ltd., increasing its registered capital from RMB 83.93 million to RMB 98.33 million, maintaining a 25% equity stake[20] - The company is investing RMB 350 million in a project in Jingmen to produce 20,000 tons of lithium-ion battery electrolyte and 50,000 tons of semiconductor chemicals, with an 80% stake in the project[20] - The company plans to invest a total of RMB 360 million in a project in Poland to produce 40,000 tons of lithium-ion battery electrolyte, 5,000 tons of NMP, and 5,000 tons of conductive slurry[21] - The company agreed to acquire BASF's electrolyte business in Europe and the US for USD 1.2 million, including technology and customer contracts[22] Shareholder Information - The company reported a total of 16,875 common shareholders at the end of the reporting period[12] - The top shareholder, Qin Jiusan, holds 15.05% of the shares, with 42,824,952 shares pledged[12] - The company did not engage in any repurchase transactions among the top shareholders during the reporting period[13] Research and Development - Research and development expenses increased to ¥36,269,534.42 from ¥20,690,861.69, showing a significant rise of about 75%[38] - Research and development expenses increased to ¥101,938,378.79, representing a 47.5% rise from ¥69,020,404.78 year-over-year[47]

Financial Performance - Total revenue for the first half of 2018 reached ¥986,315,684.12, representing a 25.10% increase compared to ¥788,419,974.59 in the same period last year[19] - Net profit attributable to shareholders decreased by 4.93% to ¥120,689,173.94 from ¥126,953,759.22 year-on-year[19] - Net profit after deducting non-recurring gains and losses fell by 13.28% to ¥102,449,171.66 compared to ¥118,133,744.25 in the previous year[19] - Basic earnings per share decreased by 5.88% to ¥0.32 from ¥0.34 in the same period last year[19] - Diluted earnings per share also decreased by 5.88% to ¥0.32 from ¥0.34 year-on-year[19] - The weighted average return on equity was 4.81%, down from 5.73% in the previous year[19] - The company reported a total investment of 15,000 million CNY for the Huizhou Phase II project, which includes investments of 6,800 million CNY for new environmentally friendly solvents and 8,200 million CNY for conductive polymer materials[70] - The company reported a net profit of 123,996,918.54 CNY, a decrease of 5.8% from 131,080,466.11 CNY in the previous year[188] Cash Flow and Assets - Operating cash flow increased significantly by 222.63% to ¥163,084,570.14 from ¥50,548,328.83 in the same period last year[19] - Total assets at the end of the reporting period were ¥3,937,768,394.24, a 6.45% increase from ¥3,699,110,657.18 at the end of the previous year[19] - Cash and cash equivalents decreased to ¥305.76 million, down 4.82% from ¥393.54 million in the previous year[54] - Accounts receivable increased to ¥729.63 million, representing 18.53% of total assets, due to extended credit terms in a competitive lithium-ion battery electrolyte market[54] - The total cash and cash equivalents at the end of the period were CNY 304,063,621.51, down from CNY 391,091,366.32 at the end of the previous year, indicating a decline of about 22%[196] Revenue Breakdown - Revenue from lithium-ion battery chemicals reached ¥481,510,534.59, growing by 19.75% due to the continuous development of the new energy vehicle industry[40] - The revenue from organic fluorine chemicals increased by 43.93% to ¥180,843,072.75, driven by successful development of new international customers[40] - The semiconductor chemicals business saw revenue of ¥44,780,930.86, a significant increase of 53.26% due to rapid growth in the domestic semiconductor/panel industry[40] - Revenue from capacitor chemicals reached ¥259.78 million, up 21.34% year-over-year, with a gross margin of 37.14%[49] Investment and Projects - The company is in the process of establishing a joint venture for a project in Hubei with an annual production capacity of 20,000 tons of lithium-ion battery electrolyte[41] - The company has ongoing projects for the construction of a facility with an annual capacity of 20,000 tons of lithium-ion battery electrolyte and 50,000 tons of semiconductor chemicals[60] - The company is investing in a project for an annual output of 20,000 tons of lithium-ion battery electrolyte and 50,000 tons of semiconductor chemicals, having signed an investment agreement with Huizhou Yiwei Lithium Energy Co., Ltd.[145] - The company is constructing a project with an annual output of 50,000 tons of green solvents and 20,000 tons of ethylene glycol, acquiring land use rights for RMB 39.2 million over an area of 59,000 square meters[144] Market and Competition - The lithium-ion battery electrolyte business continues to grow, driven by increasing demand in the new energy vehicle sector, despite intensified market competition[32] - The semiconductor chemicals segment is expected to become a new growth point as domestic semiconductor industry demand rises significantly[32] - The company faces intensified market competition due to rapid growth in the new energy vehicle sector, leading to increased pressure on product gross margins[82] - Raw material costs constitute a significant portion of the company's main business costs, and rising prices of initial raw materials like oil may impact production budgets and cost control[83] Research and Development - The company emphasizes technological innovation and has increased R&D investment to maintain market leadership[34] - The company's R&D investment rose to ¥74,676,990.89, reflecting a 27.76% increase compared to the previous year[47] - New product development efforts include the introduction of six new chemical products, expected to contribute an additional 300 million yuan in revenue[100] Corporate Governance and Compliance - The company committed to maintaining independence in operations, ensuring no interference from controlling shareholders in decision-making processes[101] - The company is committed to transparency and fairness in all transactions with the listed company[98] - The company has not engaged in any derivative investments or entrusted loans during the reporting period[76] - The company has not reported any overdue amounts in its entrusted financial management activities[75] Shareholder Information - The company’s major shareholders have pledged a total of 13,240,000 shares, accounting for 3.49% of the total share capital[140] - The largest shareholder, Qin Jiusan, held 15.05% of the shares, totaling 57,099,936 shares, with 42,824,952 shares under lock-up[161] - The company issued 1,085,000 restricted stocks at a price of CNY 10.84 per share, with the total value of the issuance being approximately CNY 11.7 million[159] Environmental Compliance - The company adheres strictly to national and local environmental laws and has established a comprehensive environmental management system, certified by ISO14001[85] - The company has made significant investments in environmental protection facilities to ensure compliance with national and local regulations[134] - The company’s subsidiaries are classified as key pollutant discharge units, and they have optimized processes to reduce wastewater and emissions[134]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the year 2017, representing a year-on-year growth of 15%[13] - The net profit attributable to shareholders was 200 million RMB, an increase of 20% compared to the previous year[13] - Future guidance indicates a revenue target of 1.5 billion RMB for 2018, reflecting a growth rate of 25%[13] - The company's operating revenue for 2017 was CNY 1,815,626,791.80, representing a 14.25% increase from CNY 1,589,213,791.43 in 2016[5] - The net profit attributable to shareholders for 2017 was CNY 280,053,787.34, a 9.43% increase compared to CNY 255,919,671.12 in 2016[5] - Operating profit reached CNY 326,330,250.61, reflecting a growth of 12.93% compared to the previous year[47] - The company achieved total operating revenue of CNY 1,815,626,791.80, a year-on-year increase of 14.25%[47] - 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[148] Dividend Distribution - The company plans to distribute a cash dividend of 2.00 RMB per 10 shares, totaling approximately 75.89 million RMB[4] - The cash dividend accounted for 27.10% of the net profit attributable to the company's ordinary shareholders, which was RMB 280,053,787.34[138] - The company’s cash dividend for 2016 was RMB 5.0 per 10 shares, totaling RMB 94,608,842, which represented 36.97% of the net profit[138] - The cash dividend for 2015 was RMB 3.0 per 10 shares, totaling RMB 55,206,265.20, representing 43.24% of the net profit[138] - The company has maintained a consistent cash dividend distribution policy over the past three years[137] Research and Development - The company has allocated 100 million RMB for R&D in 2018, aiming to enhance its technological capabilities[13] - The company invested CNY 128,641,329.87 in R&D, accounting for 7.09% of its main business revenue, with new product sales contributing 23% to the main business revenue[57] - Investment in R&D increased by 30%, focusing on new technologies and product development to enhance competitive advantage[149] - The company has applied for 335 invention patents, with 114 granted, indicating a strong commitment to innovation and technology development[39] - The company has established multiple innovation platforms and research centers, enhancing collaboration with academic institutions and driving technological advancements[40] Market Expansion and Strategy - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2020[13] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[149] - Strategic partnerships are being formed with key players in the automotive sector to support the growth of electric vehicles[13] - The company aims to enhance its market competitiveness through mergers and acquisitions, particularly in the electrolyte product sector, to strengthen its patent portfolio and international influence[41] - The company is actively developing strategic projects in lithium batteries, semiconductors, and fluorine chemicals, with a focus on enhancing production capacity[120] Product Development - New product development includes advanced materials for solid-state batteries, with an expected launch in Q3 2018[13] - The company has introduced a new line of eco-friendly products, which is anticipated to contribute an additional 200 million RMB in revenue over the next year[149] - The company's lithium-ion battery chemicals have seen continuous growth since 2011, becoming the largest revenue segment, driven by the rapid development of new energy vehicles in China[32] - The capacitor chemicals market has rebounded since the second half of 2016, with growth attributed to stricter environmental regulations and a focus on high-end clients, enhancing market share[31] Financial Investments and Acquisitions - The company invested CNY 98 million to acquire a 25% stake in Yongjing Technology, enhancing its fluorochemical product line[52] - The acquisition of BASF's battery materials business included 100% equity and several patents, strengthening the company's competitive position in lithium-ion battery electrolytes[53] - The company acquired 100% equity of BASF Battery Materials (Suzhou) Co., Ltd. for a transaction price of 1 USD (approximately 6.64 RMB) and began consolidating it into the financial statements from September 30, 2017[154] - The company is exploring potential acquisitions to strengthen its supply chain and expand its product offerings[13] Environmental Management - The company has continuously improved its environmental protection facilities and increased investment to ensure compliance with pollution discharge standards[183] - The company’s major subsidiaries are classified as key pollutant discharge units, and they have implemented measures to ensure compliance with environmental standards[183] - The company has established an emergency response plan for environmental incidents, which has been reviewed and filed by environmental authorities[185] - The company has conducted regular monitoring of its environmental impact, including water, noise, and air emissions, in compliance with national regulations[186] Operational Efficiency - The company achieved a gross profit margin of 35.51% in the chemical industry, with a decrease of 3.16% compared to the previous year[65] - The company has set a target to reduce operational costs by 15% through efficiency improvements in the supply chain[149] - The company optimized its internal processes through the implementation of an information management system, enhancing overall operational efficiency[59] Risks and Challenges - The company faces risks from intensified market competition in the lithium-ion battery electrolyte sector, which may pressure profit margins[123] - The company is exposed to raw material price fluctuations, which significantly impact its cost structure and profitability[124] - The company has implemented measures to mitigate foreign exchange risks due to its substantial overseas business operations[125] - The company is enhancing its environmental management systems to comply with stricter regulations, which may increase operational costs[126] Shareholder Commitments - The company has committed to ensuring that the net profit and cash flow targets are met to avoid compensation obligations[140] - The profit compensation period covers the years 2014, 2015, 2016, and 2017, with specific performance metrics outlined for each year[140] - The company has established a commitment to compensate for any losses incurred due to violations of the above commitments[142] - The company guarantees that it will not engage in the research, production, or operation of downstream fluorinated fine chemicals related to hexafluoropropylene for a period of four years following the completion of the transaction[145]

Financial Performance - Total revenue for Q1 2018 was CNY 450,058,118.88, representing a 15.84% increase compared to CNY 388,513,577.18 in the same period last year[7]. - Net profit attributable to shareholders decreased by 23.33% to CNY 51,904,607.03 from CNY 67,694,567.10 year-on-year[7]. - Net profit after deducting non-recurring gains and losses fell by 38.55% to CNY 38,749,784.18 compared to CNY 63,060,897.45 in the previous year[7]. - Basic and diluted earnings per share decreased by 22.22% to CNY 0.14 from CNY 0.18 year-on-year[7]. - The company reported a decrease in comprehensive income to CNY 52,810,896.01 from CNY 69,834,286.09 year-over-year[73]. - The company's financial expenses surged by 662.63% to ¥12,934,749.25, mainly due to changes in exchange gains and losses as well as increased interest expenses[25]. - The company’s investment income increased by 188.84% to ¥5,286,958.21, attributed to confirmed investments in Fujian Crystal Technology[25]. - Net profit for Q1 2018 was CNY 53,681,158.03, a decrease of 23.36% from CNY 69,987,789.10 in Q1 2017[72]. Cash Flow and Liquidity - The net cash flow from operating activities was CNY 39,476,879.37, a significant recovery from a negative CNY 26,530,058.54 in the same period last year[7]. - Operating cash inflow for the current period reached ¥436,417,264.85, an increase of 16.0% compared to ¥376,094,683.45 in the previous period[80]. - The ending balance of cash and cash equivalents was ¥438,117,936.32, up from ¥307,986,970.16 in the previous period, indicating a strong liquidity position[81]. - Cash received from other operating activities increased significantly to ¥15,375,274.86 from ¥4,176,138.86 in the previous period[80]. - The company received tax refunds of ¥511,566.29, compared to ¥959,462.16 in the previous period[80]. - The company reported a decrease in cash paid for goods and services to ¥265,906,191.80 from ¥293,536,288.75 in the previous period[80]. Assets and Liabilities - Total assets increased by 7.24% to CNY 3,966,791,310.14 from CNY 3,699,110,657.18 at the end of the previous year[7]. - Total current assets increased to ¥1,997,791,481.41 from ¥1,817,977,351.47, representing an increase of approximately 9.9%[62]. - Total liabilities rose to ¥1,384,897,151.25 from ¥1,241,883,206.28, indicating an increase of about 11.5%[64]. - The total liabilities amounted to CNY 982,429,009.28, compared to CNY 971,169,654.03 in the previous year, indicating a slight increase of 1.31%[72]. - The company's equity attributable to shareholders increased to ¥2,541,624,866.96 from ¥2,418,748,542.76, a growth of about 5.1%[66]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 26,624[16]. - The largest shareholder, Qin Jiusan, holds 15.05% of shares, totaling 57,099,936 shares, with 42,824,952 shares under pledge[16]. - The second-largest shareholder, Zhou Dawen, holds 8.58% of shares, totaling 32,558,976 shares, with 24,419,232 shares under pledge[16]. - The total number of shares under lock-up for Qin Jiusan remains at 42,824,952 shares, indicating no change during the reporting period[20]. - The total number of shares under lock-up for Zheng Zhongtian increased by 3,000,000 shares, bringing the total to 21,368,376 shares[20]. - The total number of shares under lock-up for Zhang Guiwen decreased by 600,000 shares, bringing the total to 10,210,668 shares[20]. - The company did not conduct any repurchase transactions among the top 10 common shareholders during the reporting period[18]. Market and Competition - The company faces intensified market competition and rising raw material costs, which may impact profit margins[10][11]. - The company plans to leverage its advantages in electrolyte formulation and additive technology to maintain market position and expand market share[10]. - The company has implemented measures to mitigate risks from raw material price fluctuations, including long-term supply agreements and dynamic price tracking[11]. Investments and Projects - The company plans to invest RMB 350 million in a project to produce 20,000 tons of lithium-ion battery electrolyte and 50,000 tons of semiconductor chemicals, with phase one expected to be operational by Q1 2020[40]. - The company invested RMB 1,800 million in its associate Fujian Yongjing Technology, maintaining a 25% equity stake post-investment[38]. - The company has cumulatively invested RMB 908.96 million of the raised funds, with 16.78% of the total funds having been redirected for other uses[50]. - The construction of the second phase of the Huizhou Zhoubang new electronic chemicals project is progressing, with civil works completed and equipment installation nearly finished[44]. - The company has fulfilled performance commitments related to the acquisition of 100% equity in Sanming Haisefu Chemical Co., achieving the promised net profit for 2014-2017[42]. Research and Development - The company continued to advance key R&D projects in high-nickel cathode materials and lithium-ion battery electrolytes, with 13 new invention patents accepted during the reporting period[28]. - The company is focusing on strategic areas such as lithium batteries, semiconductors, and fluorochemicals, while enhancing its production capacity in aluminum electrochemical products[29]. - The company's semiconductor chemicals business experienced rapid growth, benefiting from strong recognition from core customers and the booming domestic semiconductor industry[26].

Dividend Distribution - The company plans to distribute a cash dividend of 2.00 CNY per 10 shares to all shareholders, based on a total share capital of 379,430,368 shares[5]. - For the fiscal year 2017, the company plans to distribute a cash dividend of RMB 2 per 10 shares, amounting to RMB 75,886,073.60, with a total share capital of 379,430,368 shares[135]. - The cash dividend for 2017 represents 27.10% of the net profit attributable to shareholders, which was RMB 280,053,787.34[137]. - The cash dividend policy complies with the company's articles of association and has been executed according to established procedures, ensuring the protection of minority shareholders' rights[132]. - The company’s cash dividends over the past three years have been RMB 55,206,265.20 in 2015, RMB 94,608,842 in 2016, and RMB 75,886,073.60 in 2017[137]. Financial Performance - The company’s operating revenue for 2017 was CNY 1,815,626,791.80, representing a 14.25% increase compared to CNY 1,589,213,791.43 in 2016[16]. - The net profit attributable to shareholders for 2017 was CNY 280,053,787.34, a 9.43% increase from CNY 255,919,671.12 in 2016[16]. - The net profit after deducting non-recurring gains and losses was CNY 265,776,462.85, up 9.40% from CNY 242,932,742.40 in 2016[16]. - The total assets at the end of 2017 reached CNY 3,699,110,657.18, marking a 32.25% increase from CNY 2,797,121,418.75 at the end of 2016[16]. - The basic earnings per share for 2017 was CNY 0.75, reflecting a 7.14% increase from CNY 0.70 in 2016[16]. Research and Development - The company is actively engaged in research and development of new products and technologies to enhance its competitive edge in the market[12]. - Research and development expenditures increased by 281.96% year-on-year, reflecting a focus on capitalizing R&D projects[36]. - The company holds 335 patent applications, including 56 filed abroad, indicating a strong commitment to innovation and technology development[38]. - The company has established multiple innovation platforms and partnerships with research institutions to enhance technology transfer and product development[39]. - Investment in R&D increased by 30%, focusing on the development of new technologies and products to enhance competitive advantage[149]. Market Expansion and Strategy - The company is exploring market expansion opportunities, particularly in the lithium battery and new energy vehicle sectors, to capitalize on emerging trends[12]. - The company’s strategic focus includes mergers and acquisitions to strengthen its market position and enhance product offerings[12]. - The company plans to expand its market presence through strategic acquisitions and investments in technology firms[87]. - The company aims to become a global leader in the electronic chemicals and functional materials industry, focusing on customer-centric solutions[114]. - The company is focusing on three strategic opportunities in the new energy vehicles, semiconductor, and fluorine chemical industries, driven by national policies[114]. Risks and Compliance - The company emphasizes the importance of risk awareness regarding future plans and development strategies, which do not constitute profit forecasts or commitments to investors[5]. - The company has outlined potential risks in its future development outlook and has proposed measures to mitigate these risks[5]. - The company faces risks from intensified market competition, particularly in the lithium-ion battery electrolyte sector, which may pressure profit margins[122]. - The company is exposed to raw material price fluctuations, which significantly impact its cost structure and profitability[123]. - The company is addressing environmental compliance risks by enhancing its production processes and obtaining ISO14001 certification[125]. Acquisitions and Investments - The acquisition of BASF's electrolyte business and Suzhou factory has strengthened the company's position in the electrolyte market and expanded its international influence[40]. - The company invested CNY 98 million to acquire a 25% stake in Yongjing Technology, enhancing its fluorochemical product line[51]. - The company acquired a 5.9496% stake in Jiangsu Tiannai for CNY 44.622 million, strengthening its position in the lithium battery supply chain[54]. - The company acquired 100% equity of BASF Battery Materials (Suzhou) Co., Ltd. for a transaction price of 1 USD (approximately 6.64 yuan) and included it in the consolidated financial statements starting September 30, 2017[153]. - A strategic acquisition was announced, with the company acquiring a competitor for 300 million RMB to enhance its product offerings and market reach[149]. Environmental Compliance - The company’s subsidiaries optimized production processes to reduce wastewater and emissions, ensuring compliance with environmental standards without any major pollution incidents during the reporting period[183]. - The company’s subsidiary, Nantong Xinzhou Bang Electronic Materials Co., reported a COD discharge of 54 mg/L, well below the standard of 500 mg/L, indicating compliance with environmental regulations[182]. - The company’s subsidiary, Zhangjiagang Hankan Chemical Co., reported a NH3-N discharge of 22.5 mg/L, which is within the permissible limit of 45 mg/L[182]. - The company’s subsidiary, Sanming Haise Fu Chemical Co., achieved a BOD discharge of 13.5 mg/L, significantly below the standard of 20 mg/L, demonstrating effective pollution control measures[181]. - The company’s VOCs emissions from Nantong Xinzhou Bang were recorded at 2.424 mg/m³, which is compliant with environmental standards[182]. Shareholder and Corporate Governance - The company has committed to ensuring that the net profit and cash flow targets are met to avoid compensation obligations[139]. - The company has established a commitment to avoid and minimize related transactions with its affiliates to protect shareholder interests[144]. - The company guarantees that all information provided regarding the transaction is true, accurate, and complete, with no misleading statements or omissions[146]. - The company has pledged to comply with all relevant laws and regulations regarding related transactions, ensuring transparency and fairness[144]. - The company’s total capital increase and stock distribution actions reflect a commitment to shareholder value and corporate governance[185].

深圳新宙邦科技股份有限公司 2017 年第三季度报告全文 深圳新宙邦科技股份有限公司 2017 年第三季度报告 2017-47 2017 年 10 月 1 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。 公司负责人覃九三、主管会计工作负责人曾云惠及会计机构负责人(会计主 管人员)曾云惠声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳新宙邦科技股份有限公司 2017 年第三季度报告全文 深圳新宙邦科技股份有限公司 2017 年第三季度报告全文 第一节 重要提示 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） | 3,432,484,111.77 | 2,797,121,418.75 | | 22.71% | | 归属于上市公司股东的净资产 | ...

Financial Performance - Total operating revenue for the first half of 2017 was CNY 788,419,974.59, representing a 15.27% increase compared to CNY 683,984,986.67 in the same period last year[19]. - Net profit attributable to shareholders of the listed company was CNY 126,953,759.22, a 1.96% increase from CNY 124,509,068.11 year-on-year[19]. - Net profit after deducting non-recurring gains and losses decreased by 0.89% to CNY 118,133,744.25 from CNY 119,198,533.02 in the previous year[19]. - Basic and diluted earnings per share decreased by 50.00% to CNY 0.34 from CNY 0.68 year-on-year[19]. - The company reported a total revenue of 2,600 million CNY for the first half of 2017, reflecting a growth of 3.51% compared to the previous period[78]. - The net profit attributable to shareholders for the same period was 1,000 million CNY, with earnings per share (EPS) of 0.71 CNY, reflecting a growth of 0.71%[81]. - The company reported a total revenue of 6,000 million CNY for the first half of 2017, reflecting a growth of 3.29% compared to the previous period[82]. - The company reported a total comprehensive income of -618,463.63 CNY for the current period, indicating a loss compared to the previous period[195]. Cash Flow and Assets - Net cash flow from operating activities was CNY 50,548,328.83, down 40.23% from CNY 84,570,745.26 in the same period last year[19]. - Cash and cash equivalents increased to CNY 393,541,882.33 from CNY 311,829,365.06, representing a growth of approximately 26.2%[170]. - The total cash and cash equivalents at the end of the period reached CNY 196,455,191.62, up from 139,481,224.48 CNY at the end of the previous period[192]. - The total assets of the company as of June 30, 2017, amounted to CNY 3,128,403,267.56, an increase from CNY 2,797,121,418.75 at the beginning of the year, reflecting a growth of approximately 11.8%[171]. - The company's total liabilities reached CNY 871,515,017.72, compared to CNY 588,812,918.37 at the beginning of the year, marking an increase of around 48%[172]. Investments and Expenditures - Development expenditures increased by 126.49% to CNY 18,122,300, mainly due to increased costs in cooperative technology development[36]. - The company invested CNY 12,122,366.34 in development expenditures, significantly up from CNY 2,001,424.88 in the previous period[176]. - The company has allocated CNY 1,500 million for research and development in 2017, representing an increase of 10% from the previous year[82]. - The company invested CNY 98 million in Fujian Yongjing Technology Co., Ltd., acquiring a 25% stake to enhance its resource allocation capabilities in organic fluorine chemicals and semiconductor chemical raw materials[92]. Market and Product Development - The sales of aluminum capacitor chemicals increased significantly due to market recovery, contributing to steady growth in performance[30]. - Sales growth of lithium-ion battery electrolyte slowed down, with a decrease in gross margin due to intensified competition[31]. - The company plans to continue focusing on technology innovation and expanding its market share in high-end chemical products[45]. - New product launches are anticipated to generate an estimated 1,600 million CNY in additional revenue within the next year[79]. - The company is planning to expand its market presence in Southeast Asia, targeting a 15% increase in market share by the end of 2018[85]. Strategic Acquisitions and Partnerships - The company completed the acquisition of BASF's lithium battery electrolyte business and increased investment in Yongjing Technology, enhancing industry chain collaboration[42]. - The company has achieved synergy in its industrial chain through both organic growth and mergers and acquisitions, enhancing product value and market competitiveness[38]. - A strategic acquisition of a 70% stake in a local chemical firm is anticipated to enhance production capacity and market share, expected to be completed by Q4 2017[108]. Risk Management and Operational Efficiency - The company has detailed the risks and countermeasures in its operational analysis section, which investors should pay attention to[5]. - The company optimized internal processes and integrated SAP-ERP and OA systems to enhance operational efficiency[49]. - The management emphasized the importance of operational efficiency, targeting a 5% reduction in costs over the next year[81]. Shareholder and Corporate Governance - The company has not distributed cash dividends or bonus shares for the half-year period, indicating a focus on reinvestment[100]. - The company has committed to minimizing related party transactions and ensuring fair pricing in unavoidable transactions[110]. - The company guarantees that all information provided regarding the transaction is true, accurate, and complete, with no false records or misleading statements[111].

Financial Performance - Total operating revenue for the first half of 2017 was CNY 788,419,974.59, representing a 15.27% increase compared to CNY 683,984,986.67 in the same period last year[19]. - Net profit attributable to shareholders of the listed company was CNY 126,953,759.22, a 1.96% increase from CNY 124,509,068.11 year-on-year[19]. - Net profit after deducting non-recurring gains and losses decreased by 0.89% to CNY 118,133,744.25 from CNY 119,198,533.02 in the previous year[19]. - Basic earnings per share decreased by 50.00% to CNY 0.34 from CNY 0.68 year-on-year[19]. - The company reported a total revenue of 99,844.9 million CNY for the first half of 2017, with a net profit of 24,827,837.20 CNY from its subsidiary Huizhou Zhoubang Chemical Co., Ltd.[93]. - The company achieved a net profit of 1,000 million CNY in the same period, representing a growth of 0.79% compared to the previous year[80]. - The company reported a total revenue of 6,000 million CNY for the first half of 2017, reflecting a growth of 3.29% compared to the previous period[84]. - The company reported a total revenue of 5,160 million for the first half of 2017, reflecting a year-on-year increase of 37.31%[87]. Cash Flow and Investments - Net cash flow from operating activities was CNY 50,548,328.83, down 40.23% from CNY 84,570,745.26 in the same period last year[19]. - Operating cash flow from operating activities decreased by 40.23% to 50.55 million yuan due to increased operational expenditures[53]. - The company reported an investment cash outflow of CNY 1,105,814,969.38, significantly higher than CNY 499,260,838.26 in the previous year, indicating increased investment activities[185]. - The total cash inflow from financing activities was 372,203,468.12 CNY, a substantial increase from 58,499,743.49 CNY in the prior period, reflecting enhanced financing efforts[191]. - The company received CNY 865,449,400.00 from investment recoveries, which is a substantial increase from CNY 444,250,000.00 in the previous year[187]. Assets and Liabilities - Total assets increased by 11.84% to CNY 3,128,403,267.56 from CNY 2,797,121,418.75 at the end of the previous year[19]. - The total liabilities rose to CNY 871,515,017.72 from CNY 588,812,918.37, marking an increase of around 48.0%[170]. - The company's equity attributable to shareholders increased to CNY 2,222,384,923.49 from CNY 2,178,082,550.72, showing a growth of about 2.0%[171]. - The company's total assets for Huizhou Zhoubang were reported at 508,394,923 CNY, with net assets of 431,296,017 CNY[93]. Research and Development - Research and development expenses rose by 126.49% to 18.12 million yuan, indicating a focus on collaborative technology development[37]. - The company has allocated 500 million CNY for research and development in 2017, a 10% increase from the previous year[81]. - The company has filed for 68 patents during the reporting period, with 26 patents granted, indicating a strong focus on innovation[48]. Market and Product Development - The sales revenue of semiconductor chemicals experienced significant growth, contributing positively to the overall performance despite a low base[36]. - The capacitor chemical business generated revenue of 214.09 million yuan, up 29.48% year-on-year, driven by market recovery and increased demand[44]. - The lithium-ion battery chemical segment reported revenue of 402.11 million yuan, a year-on-year increase of 14.32%, despite a slowdown in market demand[44]. - New product development includes a next-generation battery technology expected to launch in Q4 2017, projected to increase efficiency by 20%[81]. Strategic Initiatives - The company is leveraging both internal growth and external acquisitions to enhance its industrial chain synergy, particularly in fluorochemicals and lithium-ion battery chemicals[39]. - The company completed the acquisition of BASF's lithium battery electrolyte business and increased investment in Yongjing Technology, enhancing industry chain collaboration[43][49]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[81]. - The company has established long-term strategic partnerships with major raw material suppliers to stabilize supply and mitigate risks from raw material price fluctuations[95]. Risk Management and Compliance - The company has detailed the risks and countermeasures in its operational analysis section, which investors are encouraged to review[5]. - The company has not encountered any major changes in project feasibility or significant issues with the use of raised funds[74]. - The company has committed to maintaining independent bank accounts and tax obligations, separate from controlling entities[112]. Shareholder and Equity Information - The company has not distributed cash dividends or bonus shares for the reporting period, indicating a focus on reinvestment[102]. - The total number of shareholders at the end of the reporting period was 28,755[150]. - The company completed the registration of 5.1968 million restricted stocks under the 2016 restricted stock incentive plan, with the first grant date being January 20, 2017[122]. - The total number of shares held by the top shareholders increased significantly, with the largest shareholder, Qin Jiusan, holding 42,824,952 shares after the lock-up period ended[145].

Financial Performance - Total revenue for Q1 2017 reached ¥388,513,577.18, an increase of 29.93% compared to ¥299,010,544.24 in the same period last year[7] - Net profit attributable to shareholders was ¥67,694,567.10, up 27.34% from ¥53,158,480.24 year-on-year[7] - Net profit after deducting non-recurring gains and losses was ¥63,060,897.45, reflecting a 23.67% increase from ¥50,992,421.64 in the previous year[7] - Basic earnings per share rose to ¥0.36, a 24.14% increase from ¥0.29 in the same period last year[7] - Operating profit reached 78.20 million yuan, reflecting a year-on-year growth of 22.62%[23] - The company reported a net profit increase, with retained earnings rising to CNY 798,656,741.94 from CNY 730,962,174.84, an increase of 9.3%[45] - The total comprehensive income for Q1 2017 was CNY 69,834,286.09, compared to CNY 54,809,852.60 in the prior year, reflecting a strong performance[52] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,955,711,003.45, representing a 5.67% increase from ¥2,797,121,418.75 at the end of the previous year[7] - The total liabilities increased to CNY 670,643,665.60 in Q1 2017 from CNY 588,812,918.37 at the start of the year, marking a rise of 13.9%[44] - The owner's equity totaled CNY 2,285,067,337.85 at the end of Q1 2017, compared to CNY 2,208,308,500.38 at the beginning of the year, indicating an increase of 3.5%[45] Cash Flow - The net cash flow from operating activities was negative at -¥26,530,058.54, a decline of 264.28% compared to ¥16,149,665.46 in the same period last year[7] - Cash inflows from operating activities totaled CNY 376,094,683.45, significantly higher than CNY 263,624,942.06 in the previous period, indicating improved cash generation[58] - The net cash flow from operating activities was -71,430,086.00 CNY, compared to a positive cash flow of 21,624,221.67 CNY in the previous period[61] - The total cash and cash equivalents at the end of the period were 110,779,003.55 CNY, down from 132,356,332.81 CNY in the previous period[64] Shareholder Information - The top 10 shareholders hold a total of 92,000,000 shares, with the largest shareholder, Qin Jiusan, owning 15.09% (28,549,968 shares) and having 21,412,476 shares pledged[15] - The number of restricted shares at the beginning of the period was 75,183,412, with 4,156,472 shares released and 5,196,800 shares added, resulting in a total of 76,223,740 restricted shares at the end of the period[18] - The company has a significant number of shares under lock-up due to executive restrictions, with Qin Jiusan having 21,412,476 shares locked[17] - The total number of shares pledged by major shareholders amounts to 1,060,000 shares[15] Investment and Projects - The total investment commitment for the aluminum electrolytic capacitor project is CNY 9,732.6 million, with a cumulative investment of CNY 9,832.0 million, achieving 101.02% of the planned investment[34] - The lithium-ion battery chemical project has a total investment commitment of CNY 6,200 million, with a cumulative investment of CNY 6,612.9 million, achieving 101.47% of the planned investment[34] - The company has allocated RMB 30 million of raised funds for the construction of new electronic chemical projects in Huizhou and Nantong, with specific investments of RMB 68 million and RMB 215 million for different sub-projects[35] Market and Operational Risks - The company faces risks related to safety and environmental protection, which may increase operational costs due to stricter regulations[10] - The fluctuation in raw material prices, particularly lithium hexafluorophosphate, could impact product pricing and profitability[11] - The competitive landscape in the lithium battery electrolyte market is intensifying, necessitating strategic adjustments to maintain market share[12] Research and Development - The company obtained 9 domestic and international invention patent authorizations during the reporting period, with a total of 220 pending applications[24] - The company has ongoing investments in new product development and technology, as indicated by the increase in development expenditures to CNY 11,084,132.34 from CNY 8,001,424.88, a rise of 38.8%[45] Compliance and Governance - The company has not reported any non-compliance with external guarantees during the reporting period[38] - There were no significant changes in the feasibility of projects during the reporting period[35] - The company has not utilized any idle raised funds for temporary working capital[36]

Financial Performance - The company's operating revenue for 2016 was ¥1,589,213,791.43, representing a 70.10% increase compared to ¥934,256,739.68 in 2015 [21]. - The net profit attributable to shareholders for 2016 was ¥255,919,671.12, a 100.45% increase from ¥127,671,879.48 in 2015 [21]. - The net cash flow from operating activities for 2016 was ¥189,345,164.18, up 82.35% from ¥103,836,703.85 in 2015 [21]. - The total assets at the end of 2016 were ¥2,797,121,418.75, a 21.07% increase from ¥2,310,262,652.90 at the end of 2015 [21]. - The basic earnings per share for 2016 was ¥1.39, a 93.06% increase from ¥0.72 in 2015 [21]. - The company achieved total revenue of CNY 158,921.38 million, a year-on-year increase of 70.10% [45]. - Operating profit reached CNY 29,063.79 million, up 94.14% compared to the previous year [45]. - Net profit attributable to shareholders was CNY 25,591.97 million, reflecting a growth of 100.45% year-on-year [45]. Market Position and Strategy - The company aims to leverage its advantages in electrolyte formulation and additive technology to maintain its market position amid increasing competition in the lithium-ion battery electrolyte sector [5]. - The company recognizes the risk of intensified market competition due to the rapid growth of the new energy vehicle market and plans to adopt flexible competitive strategies [5]. - The company is focused on establishing a group management model to enhance operational efficiency and reduce production costs [107]. - The company aims to become a world-class provider of functional materials and electronic chemicals, focusing on original research and addressing major industry challenges [104]. - The company plans to implement strategies to ensure stable sales growth, optimize customer structure, and enhance budget management and cost control [105]. Research and Development - The company is committed to continuous technological innovation to improve product quality and increase added value, thereby enhancing profitability [6]. - The company's R&D investment reached ¥104,442,400.31, representing 6.57% of operating revenue, with a year-on-year increase in R&D personnel to 301 [65]. - The company has successfully filed for 10 new patents related to its innovative product lines, enhancing its competitive edge [200]. Investment and Capital Expenditure - The company plans to use 15,000 million of the raised funds for the new electronic chemical products project, which includes two sub-projects: environmentally friendly solvents and conductive polymer materials [85]. - The total investment for the committed projects amounts to 36,799.06 million, with an actual investment of 43,094.79 million [84]. - The company has allocated 100 million RMB for research and development in new technologies over the next year [130]. Profit Distribution - The company reported a profit distribution plan of 5.00 RMB per 10 shares (including tax) and a capital reserve conversion of 10 shares for every 10 shares held [10]. - The cash dividend for 2016 represents 36.97% of the net profit attributable to the company's shareholders, which was 255,919,671.12 RMB [119]. - The company has maintained a cash dividend payout ratio of 100% for the current profit distribution plan [114]. Operational Efficiency - The company emphasizes the importance of optimizing resource allocation across its business modules to improve operational efficiency [9]. - The company is focused on enhancing management efficiency and optimizing processes in response to the challenges posed by increased management scale due to acquisitions [8]. - The company aims to reduce operational costs by 15% through efficiency improvements and automation in production processes [132]. Risk Management - The company will monitor foreign exchange fluctuations closely and engage in forward foreign exchange transactions to mitigate currency risk [7]. - The company anticipates that the expansion of fixed asset investment and management scale will lead to increased comprehensive management costs, affecting product gross margins [4]. Subsidiaries and Acquisitions - The company established Hunan Bofu New Materials Technology Co., Ltd. with a capital contribution of RMB 10.6 million, holding a 53% stake, which was included in the consolidated financial statements starting from August 9, 2016 [136]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's production capacity by 30% [132]. Government Support and Subsidies - The company received government subsidies amounting to ¥13,124,788.51 in 2016, compared to ¥5,976,887.41 in 2015 [26]. - The company received government subsidies of 20 million RMB for the research and industrialization of key materials for lithium-ion battery electrolytes in February 2016 [169]. Shareholder Information - The company reported a total of 189,217,684 shares outstanding as of the last trading day before disclosure [21]. - The largest shareholder, Qin Jiusan, held 15.51% of the shares, totaling 28,549,968 shares [180]. - The company had a total of 24,121 shareholders at the end of the reporting period [180]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% based on new product launches and market expansion strategies [132]. - Overall, the company remains optimistic about future growth, driven by both product innovation and market expansion strategies [200].