Financial Performance - The company's operating revenue for 2019 was ¥1,292,211,370, a decrease of 1.53% compared to ¥1,311,142,391 in 2018[20]. - The net profit attributable to shareholders was -¥702,490,788.7, representing a significant decline of 940.93% from ¥85,869,552.31 in 2018[20]. - The net cash flow from operating activities increased by 89.58% to ¥46,071,494.57 from ¥24,425,702.54 in 2018[20]. - Total assets at the end of 2019 were ¥5,248,850,304, down 11.18% from ¥5,884,629,305 at the end of 2018[21]. - The net assets attributable to shareholders decreased by 22.88% to ¥2,801,278,968 from ¥3,608,763,647 in 2018[21]. - The basic earnings per share for 2019 was -¥2.21, a decline of 1,104.55% from ¥0.23 in 2018[20]. - The weighted average return on equity was -22.04%, down from 2.29% in 2018[20]. - The company achieved a total revenue of CNY 1.29 billion in 2019, a decrease of 1.53% compared to CNY 1.31 billion in 2018[56]. - The overall revenue for the year was reported at 2,776 million CNY, reflecting a decrease of 72.53% compared to the previous year[120]. - The total revenue for Tianjin Changrong Technology Group in 2019 was approximately 1.261 billion RMB, representing a year-on-year increase of 6.89%[125]. - The company reported a net profit of approximately 14.69 million RMB, with a decrease of 3.91 million RMB compared to the previous year[125]. - The total revenue for Tianjin Changrong Technology Group in 2019 reached RMB 422.07 million, a year-on-year increase of 26%[127]. - The company reported a net profit of RMB 56.11 million, representing a growth of 99% compared to the previous year[127]. Investments and Acquisitions - The strategic investment in Heidelberg amounted to 68.99 million euros, making the company the largest shareholder with approximately 8.46% of shares[38]. - The company completed a strategic investment in Germany's Heidelberg, becoming its largest shareholder, which is expected to enhance digital and intelligent transformation efforts[48]. - The company has established a joint venture with Germany's Marbach, successfully launching some products into the market[49]. - The company acquired and relocated Beijing Beiying New Materials Technology Co., Ltd., which has begun production and generated good economic benefits[46]. - The company has invested in cloud printing technology through Tianjin Longrong Cloud Printing Technology Co., Ltd., which has a registered capital of 20 million yuan[140]. - The company has established a wholly-owned subsidiary for printing equipment manufacturing with an investment of CNY 5,000 million, achieving 100.10% of the planned investment[102]. - The company has established subsidiaries in Germany and Slovakia through its Hong Kong subsidiary, which holds 15.98% of a downstream client[133]. - The company has invested 100 million RMB in permanent working capital, fully implemented by December 31, 2019[105]. - The company has established a wholly-owned subsidiary, Tianjin Changrong Zhend Machinery Co., Ltd., with an investment of 50 million RMB for the construction of a printing equipment remanufacturing base, utilizing 50.05 million RMB of excess funds by December 31, 2019[105]. Research and Development - The company achieved a research and development investment ratio of 6.74% in 2019, maintaining a trend of high R&D investment for several consecutive years[42]. - A total of 44 new patents were applied for in 2019, including 13 invention patents, and 50 patents were granted, with 23 being invention patents[44]. - The company's R&D expenses increased by 46.77% to CNY 81,802,289.74, focusing on new models of die-cutting and hot stamping machines[68]. - The total R&D investment for 2019 was CNY 87,047,752.51, representing 6.74% of operating revenue[69]. - The company is focusing on the development and sales of digital printing equipment and related technologies, with an investment of 100 million RMB planned for research and development[126]. - Research and development investments amounted to 30 million RMB, focusing on innovative printing technologies and smart equipment[132]. Market Expansion and Sales - The company’s overseas market expansion is a key focus, with successful product entries into the German market[32]. - The company’s cloud printing business generated a revenue of 53.25 million yuan, reflecting adjustments in its operational model[34]. - The company plans to expand its market presence by entering three new regions in 2020, aiming for a 20% increase in market share[90]. - The company plans to expand its market presence through strategic acquisitions and partnerships in the printing technology sector[126]. - The company aims to enhance its market share in the printing and packaging industry by strengthening brand recognition and technological innovation[158]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2022[131]. - The company is focusing on expanding its customer base in new sectors, including food and high-end cosmetics, while managing associated market development costs[164]. Risk Management - The company has identified key risk factors including industry and operational risks, detailed in the future development outlook section[5]. - The company faces risks from product price declines due to intensified competition and global pandemic impacts[163]. - The company is addressing raw material price risks by improving supply chain management and leveraging its subsidiaries' advantages[164]. - The company is focusing on talent development to address shortages in R&D, marketing, and after-sales service[166]. Corporate Governance and Compliance - The company has committed to reducing and regulating related party transactions to protect the interests of shareholders[178]. - The company has established a compensation responsibility structure where Wang Jianjun and Xie Liangyu will bear 62.00% and 38.00% of any economic losses incurred by LQ Group, respectively[180]. - The company has committed to avoiding any business activities that may compete with its own operations, ensuring a clear competitive landscape[183]. - The company has pledged to not provide any sales channels or customer information to competitors, safeguarding its business secrets[192]. - The company has reiterated its commitment to maintaining transparency and integrity in its financial reporting and operations[194]. Financial Reporting and Accounting - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management[4]. - The company underwent accounting policy changes and restated previous years' financial data due to mergers under common control[20]. - The company has made significant changes to its accounting policies, including the adoption of new financial instrument standards effective from January 1, 2019[197]. - The company’s financial statements were prepared in accordance with the revised formats issued by the Ministry of Finance[198]. - The adjustments made to the financial statements did not have a significant impact on the company's financial reports[197]. Subsidiaries and Operations - The company has a comprehensive range of subsidiaries, including Tianjin Oufrei International Trade Co., Ltd. and Tianjin Changrong Laser Technology Co., Ltd.[11]. - The subsidiary Changrong Huaxin reported a revenue of 72.21 million yuan and a net profit of 17.28 million yuan in 2019[34]. - The subsidiary Tianjin Changrong Zhendai Machinery Co., Ltd. reported a net profit of 41,342,468.8 CNY, contributing positively to the overall performance[123]. - The subsidiary Tianjin Changrong Cloud Printing Technology Co., Ltd. reported a revenue of 151.22 million RMB, with a net loss of approximately 47.92 million RMB[124]. - The company holds a 71% stake in Tianjin Rongcai Technology Co., Ltd., which focuses on software development and related technical services[134]. Strategic Partnerships - The company’s strategic cooperation with Heidelberg is expected to provide sustainable development momentum for both companies[30]. - The strategic partnership with Heidelberg aims to deepen global post-press market penetration, targeting a market exceeding 10 billion[159]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market reach[129]. Future Outlook - The company has set a performance guidance for 2020, projecting a revenue growth of 10% and a net profit increase of 15%[90]. - Future outlook includes a projected revenue increase of 20% for 2020, driven by new product launches and market expansion strategies[131]. - The company aims to achieve a revenue target of RMB 500 million in the next fiscal year, reflecting a growth ambition of 18%[129].

Financial Performance - Net profit attributable to shareholders decreased by 52.86% year-on-year, amounting to ¥14,096,190.43 for the reporting period[8]. - Operating revenue for the reporting period was ¥285,372,175.61, down 4.65% compared to the same period last year[8]. - Basic earnings per share decreased by 57.14% to ¥0.03 for the reporting period[8]. - The weighted average return on net assets was 0.39%, a decrease of 0.39% compared to the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,493,430.30, down 35.85% year-on-year[8]. - The company reported a net profit of CNY 47,190,474.04 for the quarter, a significant increase from CNY 3,836,110.38 in the same period last year[46]. - The net profit for Q3 2019 was CNY 20,830,974.04, down from CNY 30,841,789.52 in Q3 2018, indicating a decline of about 32.5%[48]. - The total profit for Q3 2019 was CNY 24,232,736.59, compared to CNY 36,625,904.73 in the previous year, reflecting a decrease of approximately 33.9%[48]. - The company reported a net profit of CNY 155,634,676.21 for the year-to-date period, a significant increase from CNY 2,208,747.31 in the same period last year[52]. - The net profit for Q3 2019 was CNY 59,298,721.69, down 50.05% from CNY 118,826,356.89 in Q3 2018[55]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥6,085,163,450.21, an increase of 2.97% compared to the end of the previous year[8]. - Cash and cash equivalents decreased by 39.45% compared to the beginning of the year, primarily due to investments in green intelligent printing and packaging materials projects and the maturity of notes payable[16]. - Non-current assets due within one year increased by 40.04% compared to the beginning of the year, mainly due to an increase in long-term receivables[16]. - Long-term equity investments increased by 118.45% compared to the beginning of the year, primarily due to the investment in 8.46% equity of Heidelberg[16]. - Total assets amounted to CNY 5,909,669,301.80, with current assets at CNY 2,965,790,794.00 and non-current assets at CNY 2,943,878,507.80[71]. - Total liabilities reached CNY 2,080,766,409.11, with current liabilities at CNY 1,670,306,795.15 and non-current liabilities at CNY 410,459,613.96[73]. - Owner's equity totaled CNY 3,828,902,892.69, with a capital reserve of CNY 2,834,136,929.49 and undistributed profits of CNY 355,621,185.42[73]. - The company has ongoing projects in construction with fixed assets amounting to CNY 601,623,041.60 and construction in progress at CNY 310,266,602.71[71]. Cash Flow - The net cash flow from operating activities for the year-to-date reached ¥79,556,777.49, a significant increase of 661.45%[8]. - Cash received from other operating activities was ¥352,792,207.44, compared to ¥93,152,724.64 in the previous year, marking an increase of approximately 278%[63]. - The total cash outflow from operating activities was ¥1,500,234,900.59, compared to ¥1,421,039,620.75 in Q3 2018, indicating an increase of about 6%[63]. - The cash flow from operating activities was CNY 1,226,999,470.64 in the current period, compared to CNY 1,337,264,570.38 in the previous period[62]. - The total cash and cash equivalents at the end of Q3 2019 were ¥472,738,525.50, down from ¥669,795,630.28 at the end of Q3 2018, reflecting a decrease of about 29%[64]. Shareholder Information - The company reported a total of 22,844 common shareholders at the end of the reporting period[12]. - The largest shareholder, Li Li, holds 25.22% of the shares, with 81,993,000 shares pledged[12]. - The company did not engage in any repurchase transactions among the top 10 shareholders during the reporting period[13]. Financial Expenses and Income - Financial expenses increased by 115.17% year-on-year, mainly due to reduced interest income from idle funds and increased interest expenses from bank loans[17]. - Other income increased by 191.83% year-on-year, primarily due to an increase in government subsidies[17]. - The investment income for Q3 2019 was CNY 174,160,324.45, a substantial recovery from a loss of CNY 671,844.95 in Q3 2018[50]. - The company incurred financial expenses of CNY 35,913,517.98 in Q3 2019, significantly higher than CNY 4,608,008.08 in the same period last year[59]. Research and Development - Research and development expenses for the quarter were CNY 21,438,210.01, down from CNY 24,551,153.39 in the previous year[46]. - The company's R&D expenses for Q3 2019 were CNY 11,545,089.56, down from CNY 16,896,695.30 in Q3 2018, indicating a reduction of approximately 31.5%[50]. - Research and development expenses for Q3 2019 were CNY 31,413,832.96, a decrease of 11.96% from CNY 35,557,714.03 in the same period last year[59].

Financial Performance - The company reported a revenue of RMB 1.2 billion for the first half of 2019, representing a year-on-year increase of 15%[14]. - The net profit attributable to shareholders was RMB 150 million, up 10% compared to the same period last year[14]. - Total revenue for the reporting period was approximately ¥570.51 million, a decrease of 14.83% compared to the same period last year[20]. - Net profit attributable to shareholders was approximately ¥37.04 million, down 58.41% year-on-year[20]. - Future guidance indicates a projected revenue growth of 18% for the second half of 2019[14]. - The company reported a significant increase in cash flow from operating activities, amounting to RMB 78,312,794.76, a 775.67% increase year-on-year[48]. - The company’s basic earnings per share decreased to ¥0.09, down 57.14% from the same period last year[20]. - The overall net profit for the company was impacted by the performance of its subsidiaries, with some reporting significant losses[87]. - The company reported a net profit of 6,238,949.41 CNY from the equity transfer of Tianjin Rongcai 3D Technology Co., Ltd. during the reporting period[97]. - The company incurred a net loss of 756,799.51 CNY from the merger with Honghua Vision (Tianjin) Technology Co., Ltd.[97]. Investment and Development - The company plans to invest RMB 200 million in new product development and technology innovation in the upcoming year[14]. - The company is focusing on the development of smart printing equipment, with a dedicated project budget of RMB 100 million[14]. - The company has maintained R&D investment exceeding 5% for several years, with 18 new patent applications in the first half of 2019, including 7 invention patents[37]. - The company is involved in the development of intelligent printing equipment and has invested 83,636.4 million yuan in the construction of a production line[63]. - The company is actively pursuing mergers and acquisitions to enhance its competitive position in the industry[14]. - The company completed the strategic investment in Heidelberg, becoming its largest single shareholder, which will enhance digital and intelligent transformation efforts[27]. - The company is focusing on building an industrial ecosystem, with joint ventures and projects in advanced manufacturing and smart production[40]. - The company is exploring opportunities for mergers and acquisitions to strengthen its market position[90]. - The company has established a strategic investment department to improve the scientific nature of investment decisions and post-investment management[122]. Market Strategy - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 25% market share by 2021[14]. - User data indicates a 20% increase in active users of the company's digital printing services[14]. - The company aims to enhance operational efficiency through organizational changes and management optimization, focusing on core business development[43]. - The company is focusing on the development and sales of digital printing equipment and related auxiliary equipment[90]. - The company plans to expand its market presence through technological development and consulting services in the printing industry[90]. - The company is expanding its customer base in the social packaging sector, targeting industries such as food, pharmaceuticals, and high-end cosmetics[119]. Financial Management - The company has a robust sales network divided into four major regions in China, enhancing its market reach and service capabilities[39]. - The company’s cash and cash equivalents increased to RMB 792,131,831.90, representing 12.82% of total assets, up from 9.70% in the previous year[54]. - Short-term borrowings rose to RMB 838,405,776.27, accounting for 13.57% of total assets, reflecting an increase in bank loans[55]. - The company has allocated 200 million RMB of raised funds to establish a wholly-owned subsidiary, Tianjin Changrong Green Packaging Materials Co., Ltd., for the development of intelligent printing and packaging materials[73]. - The company has consistently used over-raised funds to supplement working capital for its main business operations[72]. - The company has approved the use of idle raised funds for operational purposes, ensuring liquidity for its main business activities[73]. Risk Management - The company has identified key risk factors including industry risks and operational management risks, which are detailed in the report[5]. - The company aims to improve supply chain management and supplier selection to mitigate raw material price risks, which have been on the rise[118]. - The company is focusing on optimizing capital utilization and improving efficiency in its operations[84]. - The company is committed to sustainable development by integrating core equipment manufacturing with information technology and smart factory solutions[38]. Legal and Compliance - The company is involved in a patent infringement lawsuit against Guangdong Machinery Group Co., Ltd. with a claimed amount of RMB 1,331.5 million[130]. - The company is also facing a patent invalidation case initiated by Guangdong Machinery Group, with no financial impact expected[131]. - A lawsuit regarding a financing lease contract with a claimed amount of RMB 1,119 million is currently awaiting a second-instance hearing[132]. - The company has no significant litigation or arbitration matters during the reporting period[130]. Environmental and Social Responsibility - The company has implemented effective pollution control measures, with no instances of exceeding emission standards reported[154]. - The company has established a comprehensive environmental monitoring system, ensuring compliance with national standards[153]. - The company has conducted regular inspections and third-party assessments of its environmental facilities, confirming their effective operation[153].

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。 天津长荣科技集团股份有限公司 2019 年第一季度报告全文 天津长荣科技集团股份有限公司 2019 年第一季度报告 2019-046 2019 年 04 月 1 天津长荣科技集团股份有限公司 2019 年第一季度报告全文 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李莉、主管会计工作负责人凌雪梅及会计机构负责人(会计主管 人员)陈茜声明：保证季度报告中财务报表的真实、准确、完整。 2 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 追溯调整或重述原因 会计政策变更 | | 本报告期 | 上年同期 | | 本报告期比上年同 | | --- | --- | --- | --- | --- | | | | | | 期增减 | | | | 调整前 | 调整后 | 调整后 | | 营业总收入（元） | 243,841,936.20 | 329,919,977.16 | 329,919,977.16 | ...

天津长荣科技集团股份有限公司 2018 年年度报告全文 天津长荣科技集团股份有限公司 2018 年年度报告 2019-045 2019 年 04 月 1 天津长荣科技集团股份有限公司 2018 年年度报告全文 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。 公司负责人李莉、主管会计工作负责人凌雪梅及会计机构负责人(会计主管 人员)陈茜声明：保证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。 公司存在的风险因素主要包括宏观经济风险、经营风险和实际控制人不当 控制的风险，相关风险因素已在本报告中"第四节 经营情况讨论与分析/九 公司 未来发展的展望"中予以了详细描述，敬请查阅相关内容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 目录 | | --- | | 第一节 重要提示、目录和释义 2 | | --- | | 第二节 公司简介和主要财务指标 6 | | 第三节 公司业务概要 10 | | 第四节 经营情况讨论与分析 13 ...

天津长荣科技集团股份有限公司 2018 年第三季度报告全文 天津长荣科技集团股份有限公司 2018 年第三季度报告 2018-156 2018 年 10 月 1 天津长荣科技集团股份有限公司 2018 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。 公司负责人李莉、主管会计工作负责人陈茜及会计机构负责人(会计主管人 员)陈茜声明：保证季度报告中财务报表的真实、准确、完整。 2 天津长荣科技集团股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 5,442,430,569.41 | 5,324,059,640.48 | | 2.22% | | 归属于上市公司股东的净资产 ...

Financial Performance - Total revenue for the reporting period reached ¥669,862,711.98, an increase of 36.09% compared to the same period last year[19]. - Net profit attributable to shareholders was ¥90,517,399.20, reflecting a growth of 23.38% year-over-year[19]. - Net profit after deducting non-recurring gains and losses surged by 171.86% to ¥86,732,202.53 compared to the previous year[19]. - Cash flow from operating activities showed a significant decline of 95.80%, amounting to ¥8,943,141.09[19]. - The company reported a total revenue of 1.175 billion RMB for the first half of 2018, reflecting a year-on-year growth of 15%[152]. - The company reported a net profit of approximately 53.94 million RMB for the first half of 2018, with a total distributable profit of approximately 393.05 million RMB[138]. Revenue Breakdown - Sales revenue from domestic equipment reached ¥368 million, a 44.31% increase year-over-year[27]. - Overseas sales revenue amounted to ¥125 million, marking a growth of 27.49% compared to the same period last year[28]. - The high-end printing and packaging business generated sales revenue of ¥144.9 million, up 53.99% year-over-year, with net profit increasing by 118.82%[31]. - Cloud printing business sales revenue reached ¥52.29 million, reflecting a growth of 20.11% compared to the previous year[32]. - The printing equipment manufacturing segment generated revenue of 493 million yuan, up 39.66% year-on-year, driven by increased domestic demand and enhanced R&D efforts[49]. Investments and Acquisitions - The company invested 15.34 million yuan in Marbach, acquiring a 40% stake, indicating a strategic move to strengthen its market position[35]. - The company has established 25 subsidiaries to expand its product chain and new business models, enhancing its competitive edge in the printing industry[37]. - The company has ongoing investments in projects such as the mechanical parts manufacturing project in Tianjin, which is still under development[62]. - The company has completed the acquisition of 85% equity in LQ Group for a cash consideration of RMB 469,200,000[77]. - The company has plans for future capital increases, although specific amounts and timelines were not disclosed[67]. Research and Development - The company has applied for 11 new patents in the first half of 2018, including 5 invention patents, and has a total of 630 patents as of June 2018[39]. - The company has made significant investments in R&D, resulting in 12 internationally advanced achievements and 8 national key new products[39]. - The company is focused on the research and development of laser cutting equipment and digital printing technology, indicating a strategic shift towards advanced manufacturing[104]. - Investment in R&D has increased by 30% year-on-year, totaling 300 million RMB, to support innovation and product development[154]. Market Strategy and Expansion - The company is committed to developing intelligent printing equipment and expanding its market reach through innovative technologies[11]. - The company aims to enhance internal production and management efficiency to ensure stable profitability in the packaging printing business[31]. - The company is focused on expanding its market presence through the establishment of subsidiaries in Japan and the United States, with investments of 316.54 million and 3,195.15 million respectively[80]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by the end of 2019[156]. - The company is actively pursuing new product development, particularly in the fields of LED systems and visual positioning systems, to enhance its product offerings[102]. Shareholder and Dividend Information - The company reported a cash dividend of 4.5 RMB per 10 shares (including tax) based on a total of 423,387,356 shares[5]. - The company plans to distribute dividends amounting to 200 million RMB in 2018[156]. - The company has committed to reducing and standardizing related party transactions, ensuring compliance with market principles and fair pricing[140]. Compliance and Governance - The company is committed to compliance with national laws and regulations, ensuring its operations align with legal requirements[67]. - The company has confirmed that all commitments made by its controlling shareholders have been strictly adhered to, with no violations reported as of the report date[148]. - The company has implemented a non-compete agreement to maintain stability among its directors and senior management[144]. Environmental and Social Responsibility - The company has implemented effective pollution prevention facilities, ensuring compliance with discharge standards[182]. - The company has not reported any major environmental pollution incidents during the reporting period[182]. - The company is classified as a key pollutant discharge unit by environmental protection authorities[182]. Future Outlook - The company provided a future outlook projecting a revenue growth of 10% for the second half of 2018, driven by new product launches and market expansion strategies[154]. - The company has set a performance guidance of 1.5 billion RMB for the full year 2018, indicating a 12% increase from the previous year[152]. - Future guidance indicates a cautious outlook due to market fluctuations and competitive pressures in the printing industry[99].

Financial Performance - The company reported a total revenue of RMB 1.2 billion for the year 2017, representing a year-on-year increase of 15%[14]. - The net profit attributable to shareholders was RMB 150 million, an increase of 10% compared to the previous year[14]. - The company's total revenue for 2017 was ¥1,129,765,551, a decrease of 1.35% compared to 2016[19]. - Net profit attributable to shareholders was ¥148,307,502.75, representing a 7.09% increase from the previous year[19]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of ¥11,474,460.15, down 93.75% year-on-year[19]. - The company achieved a total revenue of 1.13 billion yuan in 2017, remaining stable compared to the previous year, while net profit attributable to shareholders increased by 7.09% to 148 million yuan[35]. - The company reported a revenue of RMB 701,615,277, with a net profit of RMB 44,375,082.8, indicating a significant performance in the fiscal year[87]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion yuan for the year, representing a growth of 15% compared to the previous year[155]. Investment and Development - The company plans to invest RMB 200 million in new product development and technology research in 2018[14]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market presence[14]. - The company plans to continue expanding its product chain and business models in the equipment manufacturing sector[28]. - The company invested 1.496 billion yuan through a private placement to enhance intelligent equipment production and R&D capabilities[36]. - The company plans to invest 100 million RMB in research and development for new technologies over the next two years[149]. - The company is investing 200 million yuan in research and development for new technologies, which is expected to enhance product efficiency by 30%[158]. - The company is focusing on R&D for inkjet printing and upgrading gravure printing machines through collaboration with partners[116]. Market Expansion - The company has outlined a market expansion strategy targeting Southeast Asia, aiming for a 25% increase in market share in that region by 2019[14]. - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of the next fiscal year[151]. - The company has implemented a new market expansion strategy targeting Southeast Asia, with a projected revenue increase of 20% from this region[161]. - The company is actively pursuing market expansion strategies to increase its footprint in both domestic and international markets[88]. Operational Challenges - The company identified macroeconomic risks and operational risks as significant factors affecting future performance[5]. - The company experienced a significant reduction in financial expenses, decreasing by 109.92% to -¥2,188,922.40 due to increased interest income and foreign exchange gains[50]. - The company has seen a decline in revenue and net profit due to downstream industry adjustments and inventory destocking[105]. - The company is committed to improving its operational efficiency to mitigate losses and enhance profitability in the upcoming fiscal periods[87]. Research and Development - The company applied for 56 new patents in 2017, including 29 invention patents, and had a total of 621 patents by the end of the year[32]. - The company is engaged in the research and development of new environmental materials and technologies[65]. - The company is focusing on technology development and consulting services, particularly in the fields of IoT and software[91]. - Investment in research and development remains a priority to drive innovation and competitiveness in the industry[90]. Shareholder Relations - No cash dividends will be distributed to shareholders for the year 2017, as the company focuses on reinvestment[6]. - The company’s total distributable profit for the reporting period was CNY 344,504,628.51, with no cash dividends declared[130]. - The company’s board of directors actively engaged with minority shareholders to gather their opinions on profit distribution plans[131]. - The company has a clear cash dividend policy that complies with its articles of association and shareholder resolutions[129]. Environmental Compliance - The company has established a comprehensive environmental protection management system, ensuring compliance with environmental regulations[189]. - The company’s pollution control facilities operate effectively, with no major environmental pollution incidents reported during the period[195]. - The company has achieved compliance with national standards in environmental monitoring and reporting[199]. - The company has no instances of exceeding pollution discharge limits as of the end of the reporting period[200].

Financial Performance - The company's total revenue for 2017 was CNY 1,129,765,551, a decrease of 1.35% compared to 2016[19]. - Net profit attributable to shareholders was CNY 148,307,502.75, representing a 7.09% increase from the previous year[19]. - The net profit after deducting non-recurring gains and losses was CNY 36,802,942.95, a significant decrease of 41.93% year-on-year[19]. - The net cash flow from operating activities was CNY 11,474,460.15, down 93.75% compared to 2016[19]. - Total assets at the end of 2017 reached CNY 5,324,059,640, an increase of 38.51% from the previous year[19]. - The company's equity attributable to shareholders increased by 53.06% to CNY 3,780,720,786 at the end of 2017[19]. - The company achieved a total revenue of 1.13 billion yuan in 2017, remaining stable compared to the previous year, while net profit attributable to shareholders increased by 7.09% to 148 million yuan[35]. - The total assets of the company reached 5.3 billion yuan, with a year-on-year growth of 38.51%, and net assets increased by 53.06% to 3.8 billion yuan[35]. Business Strategy and Development - The company is focused on expanding its market presence through new product development and technological innovation[14]. - The company has a comprehensive strategy for mergers and acquisitions to enhance its competitive edge in the industry[14]. - The company is focusing on expanding its R&D capabilities with 12 new product projects and 10 improvement projects initiated during the year[51]. - The company is actively pursuing strategic partnerships and potential acquisitions to bolster its market position and growth prospects[69]. - The company is committed to ongoing research and development to drive future growth and market expansion[65]. - The company is focusing on long-term investments in innovative technologies and sustainable practices[63][65]. - The company aims to improve its operational efficiency through the integration of advanced manufacturing techniques[63]. Investments and Acquisitions - The company invested 1.496 billion yuan through a private placement to enhance intelligent equipment production and R&D capabilities[36]. - The acquisition of a 23.33% stake in Huaxin Leasing enhanced the company's service offerings by integrating financial services with product solutions[29]. - The company acquired a 6.40% stake in Tiger Color Printing Co., Ltd. for a total investment of CNY 90,636,000[63]. - The company invested CNY 22,750,000 to acquire a 2.23% stake in Qingdao Huashijie Environmental Technology Co., Ltd.[63]. - The company established a new entity with a 40.00% stake in Marbac GmbH, focusing on precision molds and tools[63]. - The company reported a total investment of CNY 4,114,386.91 in a new materials company, acquiring a 0.48% stake[65]. Research and Development - The company applied for 56 new patents in 2017, including 29 invention patents, and had a total of 621 patents by the end of the year[32]. - The company is focusing on the research and development of new environmental materials and technologies[65]. - The company is increasing investment in market development for its cloud printing business, which reported a loss of 40.93 million RMB in 2017[103]. - The company is focusing on expanding its technology development and consulting services, particularly in the fields of IoT and software[91]. Risk Management - The company has identified key risk factors including macroeconomic risks, operational risks, and changes in tax incentive policies[5]. - The company emphasizes the importance of cloud printing technology as part of its service offerings[12]. - The company's future outlook includes addressing identified risks and leveraging new strategies for growth[5]. - The company has established long-term stable relationships with suppliers to mitigate risks associated with raw material price fluctuations[120]. Shareholder Relations and Profit Distribution - The company reported a plan not to distribute cash dividends or issue bonus shares for the year 2017[6]. - The company’s total distributable profit for the reporting period was 344,504,628.51 RMB, with a cash dividend ratio of 0.00%[130]. - The company plans to continue effective communication with investors, especially minority shareholders, regarding its development plans and profit distribution[135]. - The company’s profit distribution plan and capital reserve transfer plan are consistent with relevant regulations[129]. Compliance and Governance - The company has established a comprehensive corporate governance structure, including a board of directors and several specialized committees to enhance operational efficiency[187]. - The company has committed to timely and accurate information disclosure, ensuring equal access to information for all shareholders[188]. - The company has confirmed that there were no violations of commitments regarding related party transactions and competitive restrictions[140]. - The company has taken measures to ensure that its operations do not harm the legal interests of shareholders and other stakeholders[138]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion RMB[149]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative technology solutions[150]. - The company is expanding its market presence, targeting a 25% increase in market share in the next two years[151]. - The management emphasized the importance of sustainable practices, aiming for a 30% reduction in operational costs over the next three years[154].

天津长荣科技集团股份有限公司 2018 年第一季度报告全文 天津长荣科技集团股份有限公司 2018 年第一季度报告 2018-062 2018 年 04 月 1 天津长荣科技集团股份有限公司 2018 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。 公司负责人李莉、主管会计工作负责人李东晖及会计机构负责人(会计主管 人员)李东晖声明：保证季度报告中财务报表的真实、准确、完整。 2 天津长荣科技集团股份有限公司 2018 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 | | --- | --- | --- | --- | | 营业总收入（元） | 329,919,977.16 | 237,606,236.57 | 38.85% | | 归属于上市公司股东的净利润（元） | 47,376 ...