Financial Performance - Net profit attributable to shareholders increased by 25.47% to CNY 64,183,995.38 for the reporting period[8] - Operating income decreased by 1.76% to CNY 463,813,750.44 compared to the same period last year[8] - Basic earnings per share rose by 25.58% to CNY 0.0702 for the reporting period[8] - Operating profit for the reporting period was 229.36 million yuan, an increase of 30.30% year-on-year, driven by effective cost control and improved product gross margins[25] - Investment income for the reporting period was 28.99 million yuan, a staggering increase of 1,691.15% year-on-year, due to significant returns from investments in joint ventures[25] - Net profit for Q3 2020 was ¥72,144,871.28, an increase of 12.5% compared to ¥64,031,687.14 in Q3 2019[59] - The net profit for the current period is ¥33,477,053.96, an increase of 48.2% compared to ¥22,592,874.81 in the previous period[66] - The total profit for the current period is ¥40,429,997.95, up 53.1% from ¥26,414,987.97 in the previous period[66] - The company reported a net profit of ¥75,256,032.93, an increase of 23.1% from ¥61,157,970.16 in the previous period[84] Assets and Liabilities - Total assets increased by 8.95% to CNY 5,290,167,871.68 compared to the end of the previous year[8] - Total assets at the end of the reporting period were approximately 2.70 billion yuan, compared to 2.42 billion yuan at the end of the previous year, indicating growth in total assets[37] - The company's total liabilities reached CNY 1,879,416,075.55, compared to CNY 1,669,298,648.84, marking an increase of approximately 12.5%[43] - The total owner's equity increased to CNY 3,223,084,525.54 from CNY 3,014,153,461.59, showing a growth of about 6.9%[46] - The total assets as of September 30, 2020, were ¥3,824,562,160.64, an increase of 9.4% from ¥3,495,311,789.07 at the end of 2019[53] - The total liabilities as of September 30, 2020, were ¥1,296,894,275.25, an increase of 22.9% from ¥1,054,964,355.06 at the end of 2019[53] Cash Flow - Net cash flow from operating activities surged by 289.47% to CNY 63,322,962.97[8] - Net cash flow from operating activities for the reporting period was 21.95 million yuan, a 134.52% increase year-on-year, primarily due to increased cash collections from sales[27] - The net cash flow from operating activities was 21,951,250.23, a significant improvement from -63,592,984.58 in the previous period[91] - Cash inflow from investment activities was 859,154,260.12, compared to 643,819,325.34 in the previous period[91] - The net cash flow from investment activities was -145,345,879.49, an improvement from -178,325,773.25 in the previous period[91] - Cash inflow from financing activities reached 697,808,185.29, up from 226,085,300.00 in the previous period[93] - The net cash flow from financing activities was 38,960,711.87, a turnaround from -113,487,841.85 in the previous period[93] Shareholder Information - The company reported a total of 914,393,304 ordinary shareholders at the end of the reporting period[12] - The top shareholder, General Technology Group Investment Management Co., Ltd., holds 11.05% of the shares[12] - The total number of restricted shares at the end of the reporting period was 183,635,328 shares, with 58,247,000 shares released from restrictions during the period[20] Research and Development - Research and development expenses for the reporting period totaled 53.76 million yuan, a 46.38% increase compared to the same period last year, reflecting increased investment in R&D projects[25] - Research and development expenses rose to ¥22,014,222.12, up 69.0% from ¥13,031,496.33 in Q3 2019[56] - Research and development expenses for the current period are ¥53,762,327.30, an increase from ¥36,727,018.26 in the previous period[73] - Research and development expenses rose to ¥26,759,825.33, an increase of 42.8% compared to ¥18,735,660.29 in the previous period[80] Operating Costs and Revenue - Total operating revenue for Q3 2020 was ¥463,813,750.44, a decrease of 1.3% from ¥472,121,654.75 in Q3 2019[56] - Total operating costs decreased to ¥374,891,666.73 from ¥401,139,465.00, representing a reduction of 6.5%[56] - Operating revenue for the period was ¥568,407,693.44, a decrease of 14.2% from ¥662,853,664.46 in the previous period[80] - Operating costs decreased to ¥410,721,770.18, down 12.9% from ¥471,311,933.99 year-on-year[80]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥782,541,315.84, a decrease of 4.96% compared to ¥823,362,253.10 in the same period last year[18]. - The net profit attributable to shareholders of the listed company increased by 30.89% to ¥108,980,677.51, up from ¥83,260,671.87 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥103,243,842.56, representing a 32.24% increase compared to ¥78,072,447.78 in the same period last year[18]. - The basic earnings per share rose by 32.33% to ¥0.1191 from ¥0.0900 in the previous year[18]. - Revenue for the reporting period was CNY 782,541,315.84, a decrease of 4.96% compared to CNY 823,362,253.10 in the same period last year[49]. - Operating costs decreased by 7.79% to CNY 532,325,397.32 from CNY 577,282,465.69 year-on-year[49]. - The company maintained a gross profit margin of 31.97%, with a slight increase of 2.09% year-on-year[50]. - The company reported a total comprehensive income of CNY 124,708,896.68 for the first half of 2020, compared to CNY 95,340,068.42 in the previous year[138]. Assets and Liabilities - Total assets at the end of the reporting period were ¥5,044,890,173.76, an increase of 7.72% from ¥4,683,452,110.43 at the end of the previous year[18]. - The total liabilities of the company were CNY 1,920,598,479.50, up from CNY 1,669,298,648.84, which is an increase of approximately 15.0%[125]. - The company's equity attributable to shareholders increased to CNY 2,829,771,057.71 from CNY 2,735,373,921.75, showing a growth of about 3.5%[126]. - The total current assets reached CNY 2,707,248,878.24, up from CNY 2,420,682,135.73 at the end of 2019, indicating an increase of about 11.9%[124]. - The accounts receivable rose to CNY 1,139,587,946.00, compared to CNY 1,026,971,623.91 at the end of 2019, marking an increase of about 10.9%[123]. - The total owner's equity as of June 30, 2020, was CNY 2,467,542,871.43, an increase from CNY 2,440,347,434.01 at the end of 2019[131]. Cash Flow - The net cash flow from operating activities was negative at -¥41,371,712.74, compared to -¥30,171,131.14 in the same period last year, a decrease of 37.12%[18]. - Cash generated from operating activities was negative CNY 41,371,712.74, a decline of 37.12% compared to negative CNY 30,171,131.14 last year, attributed to pandemic-related customer cash flow issues[49]. - Cash flow from investing activities improved by 52.31%, with a net outflow of CNY 93,153,697.45 compared to CNY 195,342,517.22 in the previous year[49]. - The net cash flow from financing activities was CNY 51,849,130.49, a turnaround from a negative cash flow of CNY 62,102,188.77 in the first half of 2019[143]. Research and Development - The company invested 36.48 million yuan in R&D, reflecting a year-on-year increase of 20.20%, emphasizing its commitment to innovation and technology development[40]. - Research and development investment increased by 20.20% to CNY 36,476,701.71 from CNY 30,347,197.60 in the previous year[49]. - Research and development expenses increased to CNY 31,748,105.18 in the first half of 2020, up 33.9% from CNY 23,695,521.93 in the same period last year[134]. Strategic Initiatives - Longhua Technology Group has successfully transformed its industrial structure, focusing on new materials and energy-saving environmental protection services, achieving significant results in its "second take-off" strategy[25]. - The company has established a clear strategic plan and diversified sustainable development layout, combining energy-saving and environmental protection with new materials[31]. - The company is actively pursuing strategic mergers and acquisitions to ensure sustainable development and mitigate risks associated with new projects[34]. - The company plans to enhance its market competitiveness by increasing R&D efforts and improving product value amid a complex economic environment[66]. Market Position and Growth - The new materials business segment experienced rapid growth, particularly in the high-end sputtering target materials, with significant market share increases in wide molybdenum targets and high-generation ITO targets[41]. - Longhua's energy-saving equipment business has transitioned to a comprehensive service model, enhancing its market leadership and achieving breakthroughs in overseas markets[29]. - The company is expanding its market presence in the polymer composite materials sector, with products like PMI foam and composite materials for rail transport gaining traction[41]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 41,813[105]. - The largest shareholder, Li Zhanming, holds 101,001,092 shares, representing 11.05% of the total shares[105]. - The company did not distribute cash dividends or bonus shares for the half-year period, maintaining a focus on reinvestment[74]. Risk Management - The company has recognized the risk of increasing accounts receivable due to rapid business growth, which may lead to potential bad debt losses[69]. - The company has faced challenges from rising raw material prices and intensified competition in the new materials sector, necessitating strategic adjustments[68]. - The company has not encountered any major litigation or arbitration issues during the reporting period, indicating a stable legal standing[79].

隆华科技集团（洛阳）股份有限公司 2020 年第一季度报告全文 隆华科技集团（洛阳）股份有限公司 2020 年第一季度报告 2020-031 2020 年 04 月 1 隆华科技集团（洛阳）股份有限公司 2020 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李占明、主管会计工作负责人段嘉刚及会计机构负责人(会计主 管人员)王晓凤声明：保证季度报告中财务报表的真实、准确、完整。 2 隆华科技集团（洛阳）股份有限公司 2020 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|--------------------- ...

Financial Performance - The company's operating revenue for 2019 was ¥1,873,542,573.97, representing a 16.28% increase compared to ¥1,611,223,403.74 in 2018[21] - The net profit attributable to shareholders for 2019 was ¥174,360,858.83, an increase of 28.36% from ¥135,840,577.70 in 2018[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥159,531,663.36, up 28.30% from ¥124,341,682.07 in 2018[21] - The net cash flow from operating activities reached ¥258,352,117.64, a significant increase of 73.85% compared to ¥148,604,621.05 in 2018[21] - Basic earnings per share for 2019 were ¥0.1919, reflecting a 26.75% increase from ¥0.1514 in 2018[21] - Total assets at the end of 2019 amounted to ¥4,683,452,110.43, a 5.43% increase from ¥4,442,267,835.27 at the end of 2018[21] - The net assets attributable to shareholders at the end of 2019 were ¥2,735,373,921.75, up 5.44% from ¥2,594,217,841.02 at the end of 2018[21] - The weighted average return on net assets for 2019 was 6.63%, an increase from 5.42% in 2018[21] Revenue Growth - Total revenue for the first quarter was ¥353,487,374.25, increasing to ¥578,058,666.12 by the fourth quarter, representing a growth of approximately 63.4%[23] - The total operating income for the third quarter was ¥472,121,654.75, showing a steady increase throughout the year[23] - Revenue from the manufacturing sector amounted to ¥1,481,539,947.44, accounting for 79.08% of total revenue, with a year-on-year growth of 27.42%[97] - The new polymer and composite materials segment saw a significant revenue increase of 252.01%, totaling ¥401,830,997.48, which represents 21.45% of total revenue[97] Cash Dividends - The company plans to distribute a cash dividend of ¥0.2 per 10 shares to all shareholders[6] - The company distributed a cash dividend of 0.2 RMB per 10 shares, with a total cash dividend amounting to 77,045,372.34 RMB, representing 100% of the profit distribution[157] - The total cash dividend for 2019, including other methods, reached RMB 77,045,372.34, accounting for 44.18% of the net profit attributable to shareholders[161] - The cash dividend payout ratio has shown a decreasing trend from 19.17% in 2017 to 10.38% in 2019[161] Research and Development - The company's R&D investment reached CNY 92.58 million in 2019, marking a significant increase of 54.19% compared to the previous year[71] - R&D investment in 2019 amounted to ¥92,577,838.99, representing 4.94% of operating revenue, an increase from 3.73% in 2018[117] - The number of R&D personnel increased to 311 in 2019, accounting for 20.12% of the total workforce, up from 18.84% in 2018[117] - The company’s R&D efforts led to the completion of 11 patent applications, with a 60% year-on-year increase in R&D expenditure, enhancing its innovation capabilities[82] Market Position and Strategy - The company has established itself as a leading domestic supplier of molybdenum targets and a key player in the ITO target market, benefiting from the growing demand in the OLED and semiconductor industries[72] - The company aims to lead in the military-civilian integration new materials industry, with a strategic focus on sustainable development and core technology applications[32] - The company has implemented a long-term development strategy emphasizing technological innovation and product upgrades since 2015[31] - The company has established a multi-faceted and sustainable development industry layout, which is expected to support continuous growth in future performance[58] Acquisitions and Business Expansion - The company has acquired six companies, including SiFeng Electronics and JingLian Optoelectronics, to enhance its new materials business and expand its market presence[32] - The company has successfully integrated and developed new materials through acquisitions, enhancing its capabilities in high-temperature special functional materials[72] - The company is actively exploring new business growth points in non-target materials, such as INVAR alloys and tungsten-molybdenum products, to drive future development[72] Risk Management - The company does not face significant adverse risk factors affecting its operational, financial status, or ongoing profitability[6] - The company maintained a strong focus on risk management, with no major safety production accidents reported in 2019[94] - The company is managing the risk of increased accounts receivable by implementing a customer management system and maintaining a cautious bad debt reserve policy[153] Environmental and Technological Focus - The company’s energy-saving and environmental protection business has achieved a comprehensive upgrade of technology products without new investments, transitioning to a system service provider model[42] - The environmental protection industry is entering a new development phase, with comprehensive regulations in place for water, soil, air, and solid waste treatment[43] - The company aims for high-quality development through technology innovation and product upgrades, focusing on energy and environmental protection industries[137] Corporate Governance and Compliance - The introduction of strategic investors, such as General Technology Group, has optimized the company's equity structure and improved corporate governance[66] - The company is committed to maintaining compliance with regulatory requirements and enhancing communication with investors to improve market perception[139] - There were no significant legal disputes or penalties faced by the company during the reporting period[182][183] Future Outlook - The company plans to strengthen technical innovation by increasing R&D investment and improving product design and service upgrades[140] - The company plans to enhance capacity construction to meet operational development needs, ensuring orderly implementation and timely delivery of projects[145] - The company faces increased risks from a complex economic environment, including domestic and international challenges, and plans to enhance market competitiveness through innovation and quality contracts[151]

隆华科技集团（洛阳）股份有限公司 2019 年第三季度报告全文 隆华科技集团（洛阳）股份有限公司 2019 年第三季度报告 2019-102 2019 年 10 月 1 隆华科技集团（洛阳）股份有限公司 2019 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李占明、主管会计工作负责人段嘉刚及会计机构负责人(会计主 管人员)王晓凤声明：保证季度报告中财务报表的真实、准确、完整。 2 隆华科技集团（洛阳）股份有限公司 2019 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 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|-------- ...

Financial Performance - Total revenue for the first half of 2019 was CNY 823,362,253.10, representing a 14.35% increase compared to CNY 720,058,232.68 in the same period last year[24]. - Net profit attributable to shareholders was CNY 83,260,671.87, up 34.87% from CNY 61,735,760.58 year-on-year[24]. - Net profit after deducting non-recurring gains and losses was CNY 78,072,447.78, reflecting a 26.38% increase from CNY 61,775,916.28 in the previous year[24]. - Basic earnings per share rose to CNY 0.0900, an increase of 28.57% from CNY 0.0700[24]. - Operating profit for the same period was 106.30 million yuan, an increase of 41.58% year-on-year[52]. - The net profit for the first half of 2019 was CNY 95,333,521.95, an increase of 43.96% compared to CNY 66,192,654.69 in the same period of 2018[178]. - The total profit for the first half of 2019 was CNY 111,725,850.56, up from CNY 75,105,163.20 in the first half of 2018, representing a growth of 48.73%[178]. Cash Flow and Assets - The net cash flow from operating activities improved to -CNY 30,171,131.14, a 58.28% increase compared to -CNY 72,324,883.66 in the same period last year[24]. - The company’s cash and cash equivalents decreased from ¥646,088,273.50 to ¥362,616,916.36, a decline of about 43.9%[154]. - Accounts receivable increased from ¥882,622,102.37 to ¥1,019,485,819.73, reflecting a growth of approximately 15.5%[154]. - Total assets at the end of the reporting period were CNY 4,417,194,915.36, a slight decrease of 0.56% from CNY 4,442,267,835.27 at the end of the previous year[24]. - The ending balance of cash and cash equivalents was ¥281,889,660.27, down 21.5% from ¥358,903,394.20 at the end of the first half of 2018[198]. Investments and R&D - Research and development investment rose by 11.70% to RMB 30,347,197.60, up from RMB 27,168,380.96 in the previous year[64]. - The company has a strong focus on technology innovation and product upgrades in the energy-saving and environmental protection sectors, solidifying its competitive edge[41]. - The company reported an increase in undistributed profits to ¥450,270,568.01 as of June 30, 2019, from ¥429,994,369.74 at the end of 2018[174]. Market Position and Strategy - The company has established itself as a leading domestic supplier of molybdenum targets and ITO targets, with significant market share growth following acquisitions[53]. - The company has successfully replaced imports with domestically produced high-end molybdenum target materials, achieving a significant market share in the TFT-LCD industry[34]. - The company has developed a leading PMI series structural foam material, essential for various aircraft applications, contributing to the domestic carbon fiber composite material market[35]. - The company has established a diversified and sustainable industrial layout, primarily driven by military-civilian integration new materials and energy-saving businesses[41]. Governance and Compliance - The company introduced strategic investors, including General Technology Group, to optimize its equity structure and enhance governance[48]. - The company has strengthened its compliance and risk management, ensuring timely and accurate disclosure of information to investors[61]. - The company did not experience any major safety production accidents or received criticism from regulatory authorities during the reporting period[61]. Challenges and Risks - The company anticipates significant challenges due to external economic pressures, including intensified US-China trade tensions and a downturn in domestic economic indicators[84]. - The company faces risks from increased competition in the new materials sector, with ongoing price hikes in key raw materials and aggressive pricing strategies from competitors[85]. - The company is implementing measures to monitor accounts receivable closely to mitigate potential bad debt risks associated with growing business scale[86]. Shareholder Information - The company will not distribute cash dividends or issue bonus shares for the half-year period, maintaining a focus on capital preservation[90]. - The total number of shares decreased from 915,089,304 to 914,869,304 due to the repurchase and cancellation of 220,000 shares[120]. - The total number of restricted shares at the beginning of the period was 285,362,309, with 38,267,000 shares released and 11,381,110 shares added, resulting in 258,476,419 restricted shares at the end of the period[127].

1 证券代码：300263 证券简称：隆华科技 公告编号：2019-074 隆华科技集团（洛阳）股份有限公司 关于参加河南上市公司投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 为进一步加强投资者关系管理，构建互信共赢的投资者关系，公司将参加"互 动感受诚信 沟通创造价值"—2019 年河南上市公司投资者网上集体接待日活动（以 下简称"本次活动"），现将有关事项公告如下： 1、活动时间： 2019 年 6 月 27 日（周四）15:00-17:00。 2、参与方式：本次活动采取网络远程的方式举行，投资者可以登录"全景•路 演天下"（http://rs.p5w.net）参与本次互动交流。 | --- | --- | |--------------------------------------------------------------------------|--------------------------------------------------| | | | | 3 、出席人员：公司副总经理 / | 董事会秘书 ...

隆华科技集团（洛阳）股份有限公司 2019 年第一季度报告全文 隆华科技集团（洛阳）股份有限公司 2019 年第一季度报告 2019-055 2019 年 04 月 1 隆华科技集团（洛阳）股份有限公司 2019 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。 公司负责人李占明、主管会计工作负责人段嘉刚及会计机构负责人(会计主 管人员)王晓凤声明：保证季度报告中财务报表的真实、准确、完整。 2 隆华科技集团（洛阳）股份有限公司 2019 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 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|--------------------- ...

Financial Performance - The company's operating revenue for 2018 was ¥1,611,223,403.74, representing a 50.82% increase compared to ¥1,068,323,190.08 in 2017[21] - The net profit attributable to shareholders for 2018 was ¥135,840,577.70, a significant increase of 195.21% from ¥46,014,851.33 in 2017[21] - The net profit after deducting non-recurring gains and losses was ¥124,341,682.07, up 287.50% from ¥32,087,929.88 in the previous year[21] - The basic earnings per share for 2018 was ¥0.1514, reflecting a 190.04% increase from ¥0.0522 in 2017[21] - The total assets at the end of 2018 amounted to ¥4,442,267,835.27, a 21.55% increase from ¥3,654,756,856.98 at the end of 2017[21] - The net assets attributable to shareholders increased to ¥2,594,217,841.02, up 5.93% from ¥2,449,030,679.47 in 2017[21] - The net cash flow from operating activities for 2018 was ¥148,604,621.05, a decrease of 67.86% compared to ¥462,323,387.77 in 2017[21] - The weighted average return on net assets for 2018 was 5.42%, an increase from 1.89% in 2017[21] - The operating profit for 2018 was 176.18 million RMB, which is a significant increase of 163.53% compared to the previous year[74] - In 2018, the company achieved a revenue of 1,611.22 million RMB, representing a year-on-year growth of 50.82%[74] Cash Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.20 per 10 shares to all shareholders, based on a total of 915,089,304 shares[6] - The cash dividend amount represents 4.26% of the total distributable profit of 429,994,369.74 RMB for the year[179] - The cash dividend for 2018 accounted for 13.47% of the net profit attributable to ordinary shareholders, which was 135,840,577.70 RMB[182] - Over the past three years, the company has consistently paid cash dividends of 0.10 RMB per 10 shares for 2016 and 2017, increasing to 0.20 RMB in 2018[182] - The company has maintained compliance with its cash dividend policy, with no violations reported during the reporting period[188] Business Strategy and Market Position - The company has successfully transformed its business structure, focusing on new materials and energy-saving environmental protection, resulting in a diversified and sustainable development model[75] - The company aims to build a diversified and sustainable industrial layout, integrating military-civilian fusion and energy-saving environmental protection businesses[30] - The company has developed a dual-wing strategy in its new materials sector, focusing on target materials and ultra-high temperature special functional materials[32] - The company is committed to continuous project incubation and strategic acquisitions to ensure sustainable development and mitigate acquisition risks[68] - The company aims to strengthen its market position in energy-saving and environmental protection sectors while actively developing new materials through strategic acquisitions and talent acquisition[63] Acquisitions and Partnerships - The company has acquired five companies, including Sifeng Electronics and Jinglian Optoelectronics, to enhance its new materials business and achieve rapid market expansion[31] - Longhua Group acquired 54.07% of Kebo Si New Materials Technology Co., Ltd. in August 2018, marking a significant strategic move towards military-civilian integration in new materials[99] - The company formed strategic partnerships with China Shipbuilding Industry Corporation and Henan High Creation to enhance project cooperation in environmental engineering[96] - The company has established partnerships with major clients such as LG, Samsung, and BOE, ensuring a strong customer base for its products[51] Research and Development - The company received 77 authorized patents in 2018, reflecting its commitment to innovation and technological advancement[89] - Research and development expenses increased by 34.63% to ¥54,701,280.08, reflecting the company's commitment to enhancing R&D investments[130] - The number of R&D personnel increased to 275 in 2018, accounting for 18.84% of the total workforce[134] - The company is focusing on R&D and management improvements without increasing new investments, leading to a comprehensive upgrade of its technology products[42] Market Trends and Industry Outlook - The new materials industry in China is growing at an annual rate of over 10%, with key materials like electronic information materials growing at 20%-30%[43] - The new materials industry is expected to exceed a total output value of 6 trillion yuan by 2020, with an average annual growth rate of around 25% during the 13th Five-Year Plan[44] - The environmental protection industry in China is projected to see total investment reach 17 trillion yuan during the 13th Five-Year Plan, significantly boosting economic growth[45] - The demand for military composite materials is expected to grow rapidly due to advancements in technology and the increasing requirements for weight reduction and stealth in new naval equipment[56] Operational Efficiency and Cost Management - The company implemented lean management practices, resulting in a continuous decrease in costs and an increase in operational efficiency across various subsidiaries[84] - The company emphasizes the importance of cash flow management, urging subsidiaries to improve collection efforts and reduce inventory to enhance operational efficiency[160] - The company is monitoring accounts receivable closely to mitigate bad debt risks, implementing measures to enhance credit management and collection efforts[174] Risks and Challenges - The company faces risks from a complex external economic environment, including trade tensions and domestic economic pressures, and plans to adapt by enhancing market competitiveness and innovation[172] - The company acknowledges intensified market competition in the new materials sector and aims to strengthen its core competencies through technological innovation and strategic resource integration[173] Future Plans and Goals - In 2019, the company plans to enhance its group management system, ensuring that each subsidiary meets its operational targets through quarterly breakdowns and monthly reporting mechanisms[154] - The company plans to explore joint ventures to expand upstream molybdenum powder business, aiming to increase control over key raw materials[161] - The company will actively pursue mergers and acquisitions to secure production capabilities for upstream key raw materials, effectively lowering production costs[161] - The company aims to strengthen capacity building to meet operational demands, ensuring that fixed asset investments are planned and executed prudently[166]

隆华科技集团（洛阳）股份有限公司 2018 年第三季度报告全文 隆华科技集团（洛阳）股份有限公司 ）股份有限公司 2018 年第三季度报告 2018-094 2018 年 10 月 1 隆华科技集团（洛阳）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 、监事会及董事、监事、高级管理人员保证季度报告内容的真 、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 ，不存在虚假记载、误导性陈述或者重大遗漏 、误导性陈述或者重大遗漏，并承担个别和 ，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。 公司负责人李占明、主管会计工作负责人段嘉刚及会计机构负责人 、主管会计工作负责人段嘉刚及会计机构负责人(会计主 管人员)王晓凤声明：保证季度报告中财务报表的真实 ：保证季度报告中财务报表的真实、准确、完整。 2 隆华科技集团（洛阳）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 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 | ...