河北建新化工股份有限公司 2014 年第三季度报告全文 河北建新化工股份有限公司 2014 年第三季度报告 2014-047 2014 年 10 月 1 河北建新化工股份有限公司 2014 年第三季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资料不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人朱守琛、主管会计工作负责人高辉及会计机构负责人(会计主管人员)高辉声明：保证季度 报告中财务报告的真实、完整。 2 河北建新化工股份有限公司 2014 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等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） | 887,326,872.80 | | 852,323,647.67 | 4.11 ...

Financial Performance - Total operating revenue for the first half of 2014 reached ¥245,668,065.42, an increase of 30.04% compared to ¥188,919,750.63 in the same period last year[20]. - Net profit attributable to ordinary shareholders was ¥31,516,978.30, representing a significant increase of 571.70% from ¥4,692,140.67 in the previous year[20]. - Net cash flow from operating activities amounted to ¥35,149,128.10, up 125.24% from ¥15,604,942.39 year-on-year[20]. - Basic earnings per share rose to ¥0.12, a 200.00% increase compared to ¥0.04 in the same period last year[20]. - The net profit after deducting non-recurring gains and losses was ¥31,475,540.90, a 555.71% increase from ¥4,800,238.51 in the previous year[20]. - The company reported a decrease in net assets per share to ¥3.1814, down 48.52% from ¥6.18 at the end of the previous year[20]. - The company's revenue for the first half of 2014 was CNY 245.67 million, an increase of 30.04% compared to the same period last year[28]. - Net profit for the same period reached CNY 31.52 million, representing a significant increase of 571.7% year-on-year[29]. - The company achieved a revenue of 246 million yuan in the first half of 2014, completing 53% of the annual plan[61]. - Net profit for the same period was 31.52 million yuan, achieving 63% of the annual target[43]. Assets and Liabilities - Total assets at the end of the reporting period were ¥889,019,107.02, reflecting a growth of 4.31% from ¥852,323,647.67 at the end of the previous year[20]. - Total liabilities rose to ¥37,668,496.77, up from ¥25,099,303.57, which is an increase of about 50%[108]. - The company's equity attributable to shareholders increased to ¥851,350,610.25 from ¥827,224,344.10, showing a growth of approximately 2.9%[108]. - The total owner's equity at the end of the period was 827,224,344.10 CNY, reflecting changes due to net profit and other adjustments[116]. Cash Flow - Cash flow from operating activities generated a net amount of ¥35,149,128.10, compared to ¥15,604,942.39 in the previous period, indicating a growth of 125%[114]. - The net cash flow from investment activities was -34,384,557.22 CNY, indicating a significant outflow compared to the previous period's outflow of -25,271,903.72 CNY[115]. - The net cash flow from financing activities was -10,742,068.78 CNY, a decrease from the previous period's outflow of -3,681,923.47 CNY[115]. - The total cash and cash equivalents at the end of the period amounted to 169,918,980.65 CNY, down from 179,734,258.25 CNY at the beginning of the period[115]. - The total cash flow for the period was a net decrease of 9,815,277.60 CNY, compared to a decrease of 13,432,349.10 CNY in the previous period[115]. Dividends and Share Capital - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[7]. - The company distributed a cash dividend of 0.8 yuan per 10 shares, totaling 10,704,000 yuan, based on a total share capital of 13.38 million shares as of December 31, 2013[62]. - The total share capital increased to 267,600,000 shares due to a cash dividend distribution of 10,704,000 RMB and a capital reserve conversion of 13,380,000 shares[92]. - The company has established a clear cash dividend policy in compliance with relevant regulations[63]. Market Position and Strategy - The company has maintained a stable competitive position in the market, with significant growth in the sales of certain products[42]. - The market share increased due to the reduction of non-compliant competitors following stricter environmental regulations[31]. - The company plans to increase investment in environmental projects to comply with stricter national policies, which may impact profitability[44]. - The company plans to continue expanding its market presence and product offerings in the future[52]. Research and Development - The company’s R&D investment decreased by 8.78% to CNY 3.56 million[29]. - The company is currently developing several key projects, including new processes for continuous sulfonation and wastewater treatment, aimed at enhancing product quality and reducing production costs[40]. Financial Management and Accounting - The company’s financial report for the first half of 2014 was not audited[104]. - The company has not made any changes to its accounting policies or estimates during the reporting period[188]. - The company recognizes impairment losses for available-for-sale debt instruments when their fair value declines significantly and is deemed non-temporary[144]. Shareholder Information - The controlling shareholder, Zhu Shouchan, holds 40.36% of the shares, with 54,298,488 shares pledged[94]. - The number of shareholders at the end of the reporting period was 5,031[94]. - The total number of shares held by the top ten unrestricted shareholders includes 27,000,000 shares held by Zhu Shouchan, the largest shareholder[95]. Compliance and Legal Matters - The company has no major litigation or arbitration matters during the reporting period[66]. - There were no asset acquisitions or disposals during the reporting period[67][68]. - The company has no significant related party transactions during the reporting period[73][74].

Financial Performance - Total revenue for Q1 2014 was CNY 113,963,771.11, an increase of 9.58% compared to CNY 104,001,863.52 in the same period last year[9] - Net profit attributable to ordinary shareholders was CNY 16,145,561.66, representing a significant increase of 292.42% from CNY 4,114,327.09 year-on-year[9] - Basic earnings per share rose to CNY 0.12, a 300% increase compared to CNY 0.03 in the previous year[9] - The weighted average return on equity increased to 1.87%, up by 1.35 percentage points from 0.52% in the same period last year[9] - The company's net profit for Q1 2014 was CNY 16,145,561.66, an increase of 292.42% compared to the same period last year, driven by increased revenue and reduced expenses[20] - Sales revenue for Q1 2014 reached CNY 113,963,800, representing a 9.58% increase year-on-year[21] - Basic earnings per share for Q1 2014 were CNY 0.12, an increase of 302.23% compared to the same period last year[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 873,237,089.65, reflecting a 2.45% increase from CNY 852,323,647.67 at the end of the previous year[9] - Accounts receivable at the end of the period amounted to CNY 67,172,358.6, a 30.29% increase from the beginning of the year due to higher sales revenue[19] - The company's cash and cash equivalents decreased to 170,330,900.93 yuan from 179,734,258.25 yuan[46] - The company's total liabilities increased to 28,368,346.19 yuan from 25,099,303.57 yuan[48] - The company's retained earnings rose to 150,063,598.18 yuan from 133,918,036.52 yuan[48] - The company has a non-current liability of 5,820,000.00 yuan, which increased from 2,220,000.00 yuan[48] - The company's total equity increased to 844,868,743.46 yuan from 827,224,344.10 yuan[48] Cash Flow - The company reported a net cash flow from operating activities of CNY 5,953,123.37, an increase of 8.14% from CNY 5,505,135.47 in the previous year[9] - Cash flow from operating activities generated a net amount of ¥5,953,123.37, compared to ¥5,505,135.47 in Q1 2013, indicating a slight increase of 8.1%[54] - Cash inflow from operating activities totaled ¥68,386,980.76, up from ¥44,390,667.96, representing a growth of approximately 54.0%[54] - Cash outflow from operating activities was ¥62,433,857.39, compared to ¥38,885,532.49, an increase of about 60.5%[54] - Investment activities resulted in a net cash outflow of ¥15,581,713.93, an improvement from a net outflow of ¥20,106,753.97 in the previous year[55] - The company reported a cash and cash equivalents balance of ¥170,330,900.93 at the end of Q1 2014, down from ¥161,554,237.99 at the end of Q1 2013[55] Risks and Challenges - The company faced macroeconomic risks, including slow recovery in the chemical industry and potential impacts on export demand due to global economic conditions[11] - The company has identified risks related to core technical personnel shortages, which may adversely affect future development[11] - The company has faced challenges in achieving expected returns from the paper colorant project due to high production costs and a lengthy market development cycle[37] Strategic Plans and Investments - The company plans to achieve sales revenue of CNY 460 million and a net profit of no less than CNY 50 million for the year 2014[26] - The company aims to develop and launch at least two new products within the year, enhancing its market competitiveness[29] - The company is focusing on expanding its market share in high-value industries while maintaining its leadership in existing product lines[25] - The company is focusing on expanding its production capacity, including projects for 4,000 tons of 2,5-acid and 5,000 tons of chloroethane[37] - The company has committed to avoiding competition with peers as part of its long-term strategy[34] - The company has a 100% completion rate for several projects, including the 16,000 tons/year aniline project[37] - The company has invested 2,500 million yuan for the construction of a new evaporation device, with 369.01 million yuan already utilized[38] - The company has utilized 15,599.47 million yuan of the raised funds for the construction of a new 16,000 tons/year amino benzene sulfonic acid project and hydrogen reduction transformation project[38] Governance and Incentives - The company plans to enhance its corporate governance structure to improve employee engagement and performance[30] - The company has committed to long-term incentives to align shareholder, company, and management interests for sustainable growth[30] - The company's first-year targets for the equity incentive plan have been exceeded, aiming to accelerate development through new project investments to enhance overall revenue and profit[30] Environmental and Social Responsibility - The company is actively addressing environmental risks related to groundwater pollution and has made progress in remediation efforts[12] Dividend Distribution - The company plans to distribute a cash dividend of 0.8 yuan per 10 shares, totaling 10,704,000 yuan, based on a total share capital of 13,380,000 shares as of December 31, 2013[40] Audit Status - The first quarter report was not audited[57]

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2013, representing a year-on-year increase of 15%[19]. - The gross profit margin improved to 30%, up from 28% in the previous year, indicating better cost management and pricing strategies[19]. - The company reported a net profit of RMB 300 million, with a net profit margin of 25%, showing strong financial health[19]. - The company's operating revenue for 2013 was ¥411,312,678.16, representing a year-over-year increase of 16.95% compared to ¥351,711,157.59 in 2012[20]. - Operating profit surged to ¥46,167,181.38, a remarkable increase of 225.37% from ¥14,189,010.76 in the previous year[20]. - The net profit attributable to shareholders reached ¥36,133,289.65, reflecting a growth of 204.14% compared to ¥11,880,460.90 in 2012[20]. - The net cash flow from operating activities increased significantly to ¥53,424,003.17, up 434.37% from ¥9,997,478.63 in 2012[20]. - The company achieved a basic earnings per share of ¥0.27, which is a 200% increase from ¥0.09 in the previous year[20]. - The total profit amounted to ¥42,760,142.37, a significant increase of 206.38% compared to the previous year[31]. - The company reported a total investment of 16,340,000 CNY in major projects, with 11,507,927.7 CNY already invested, achieving a project progress of 90%[58]. Market Expansion and Product Development - The company plans to expand its production capacity by 20% in the next fiscal year to meet increasing market demand[19]. - The company aims to launch three new specialty chemical products in 2014, targeting a market share increase of 10% in the specialty chemicals segment[19]. - User data indicates a 25% increase in customer base, with significant growth in the pharmaceutical and agricultural sectors[19]. - The company expects a revenue growth forecast of 12% for the upcoming fiscal year, driven by new product launches and market expansion efforts[19]. - The company aims to enhance its product chain structure and expand into new segments while maintaining its leadership in existing markets[61]. - The company plans to increase market share for new products such as aminophenol and heat-sensitive dyes, leveraging existing monopolistic positions in international markets[62]. - The company aims to develop and launch at least two new products within the year, enhancing its R&D capabilities through collaboration with external research institutions[64]. Research and Development - Research and development expenses accounted for 5% of total revenue, reflecting the company's commitment to innovation and new product development[19]. - Research and development investment totaled ¥12,977,732.91, accounting for 3.16% of the company's revenue[38]. - The company implemented seven major technological reforms and multiple product quality improvements during the reporting period[30]. - The company achieved a breakthrough in catalyst recycling frequency, enhancing catalyst usage and reducing production costs[29]. Financial Position and Assets - Total assets at the end of 2013 amounted to ¥852,323,647.67, marking a 5.55% increase from ¥807,518,294.85 at the end of 2012[20]. - The total liabilities increased by 102.5% to ¥25,099,303.57 from ¥12,394,484.55 in 2012[20]. - The company's fixed assets increased to ¥471,834,725.00, representing 55.36% of total assets, up from 47.18% the previous year[46]. - The accounts receivable rose to ¥51,556,969.60, accounting for 6.05% of total assets, an increase from 5.13% in the previous year[46]. - The company's current assets totaled RMB 342,721,671.08 at the end of 2013, up from RMB 312,779,405.70 at the beginning of the year, indicating an increase of about 9.6%[140]. Cash Flow and Financing - The total cash inflow from operating activities for the reporting period was ¥234,244,628.70, an increase of 34.86% compared to the previous year, primarily due to increased cash received from sales of goods[39]. - The net cash flow from investment activities was -¥50,690,859.97, an improvement of 49.27% compared to the previous year, resulting from reduced fixed asset investments[39]. - The total cash inflow from financing activities decreased by 84.82% to ¥4,911,868.32, primarily due to reduced interest from raised funds and loans[39]. - The net increase in cash and cash equivalents was ¥3,568,191.23, a 104.35% increase year-on-year, mainly due to the increase in net cash flow from operating activities[39]. Strategic Initiatives - The company has initiated discussions for potential mergers and acquisitions to enhance its market position and diversify its product offerings[19]. - The company has established strategic partnerships with two major international firms to enhance its technological capabilities and market reach[19]. - The company is strategically positioned to capitalize on regional economic development opportunities and national environmental policies[61]. - The company plans to shift its focus from consolidating existing foundations to leveraging its capital operation platform for rapid growth[62]. Compliance and Governance - The company emphasizes the importance of internal control and risk prevention mechanisms to ensure stable and compliant development[64]. - The company has maintained compliance with all commitments made to shareholders and has not faced any administrative penalties[84]. - The company has engaged Ruihua Certified Public Accountants for auditing services, with a fee of 400,000 yuan for the year[83]. - The company has a strategic focus on expanding its operations within the chemical sector while ensuring compliance and governance[107]. Employee and Management Structure - The current management team includes individuals with extensive experience in various sectors, including chemical, trade, finance, and real estate[102]. - The company has a diverse board of directors, including independent directors with experience in investment and finance[108]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 143.99 million[114]. - As of December 31, 2013, the company had a total of 613 employees, with 61.83% being production and other auxiliary personnel[119]. Risks and Challenges - The company faces risks including macroeconomic policy changes, market demand fluctuations, and potential environmental compliance issues[23][24]. - The company reported that the production costs exceeded expectations, impacting the anticipated returns from certain projects[56].