杭州高新橡塑材料股份有限公司 2017 年半年度报告全文 杭州高新橡塑材料股份有限公司 2017 年半年度报告 2017 年 08 月 1 杭州高新橡塑材料股份有限公司 2017 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别 和连带的法律责任。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主 管人员)缪勇刚声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 （一）原材料价格波动风险 公司产品主要原材料来自于石油衍生化工产品等，其采购价格受石油价格 及塑料期货价格影响较大。近年来，国际石油市场及塑料期货市场价格波动较 大，对公司原材料采购计划的制定和实施造成了不利影响，为控制成本以及降 低经营风险，公司制定了一系列措施，虽然公司制定了各种措施以平缓原材料 价格波动，但经营水平仍可能会受到不利影响。 （二）募集资金投资项目实施风险 2015 年，公司经中国证券监督管理委员会证监许可（2015）957 号文核准， ...

2017 年第一季度报告 2017 年 04 月 杭州高新橡塑材料股份有限公司 2017 年第一季度报告全文 杭州高新橡塑材料股份有限公司 1 杭州高新橡塑材料股份有限公司 2017 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。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主 管人员)缪勇刚声明：保证季度报告中财务报表的真实、准确、完整。 2 杭州高新橡塑材料股份有限公司 2017 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 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | 营业总收入（元） | 95,725,453.06 | 104,975,552.78 | | -8.81% | | 归属于上市公司股东的 ...

Financial Performance - In 2016, the company's operating revenue was CNY 561,567,900.62, an increase of 3.55% compared to CNY 542,310,639.42 in 2015[20] - The net profit attributable to shareholders decreased by 14.11% to CNY 35,314,916.69 from CNY 41,114,297.43 in 2015[20] - The net profit after deducting non-recurring gains and losses was CNY 31,174,661.99, down 18.08% from CNY 38,053,788.27 in the previous year[20] - The basic earnings per share decreased by 24.29% to CNY 0.53 from CNY 0.70 in 2015[20] - The weighted average return on equity was 7.04%, down from 11.24% in the previous year, indicating a decline of 4.20%[20] - The operating profit for the year was CNY 34.02 million, with a total profit of CNY 38.55 million[41] - The company reported a total revenue of 21,303.83 million CNY for the year 2016[73] - The net profit for the year was 300 million RMB, an increase of 20% compared to the previous year[93] Cash Flow and Assets - The net cash flow from operating activities surged by 1,623.89% to CNY 43,568,836.07, compared to CNY 2,527,349.23 in 2015[20] - The total assets at the end of 2016 were CNY 618,499,790.35, reflecting a 4.73% increase from CNY 590,554,690.58 at the end of 2015[20] - The net assets attributable to shareholders increased by 5.17% to CNY 514,940,479.24 from CNY 489,626,062.55 in 2015[20] - The company maintained an asset-liability ratio of 16.74% with total assets of CNY 618.50 million and total liabilities of CNY 103.56 million as of the end of 2016[41] - The total amount of cash and cash equivalents decreased by ¥16,029,710.67, reflecting a decline of 114.65% compared to the previous year[59] Revenue and Sales - The company's total revenue for Q1, Q2, Q3, and Q4 of 2016 was approximately ¥104.98 million, ¥174.48 million, ¥124.59 million, and ¥157.52 million respectively, showing a significant increase in Q2[22] - The net profit attributable to shareholders for the same quarters was ¥2.27 million, ¥12.80 million, ¥8.13 million, and ¥12.12 million respectively, indicating strong performance in Q2 and Q4[22] - The sales volume for 2016 was 70,885.13 tons, an increase of 8.81% from 65,145.09 tons in 2015[50] - The average sales price of products decreased by 4.89%, while the procurement price of raw materials fell by 1.61%, leading to a revenue growth of 3.55% but a profit decline of 12.08%[31] Research and Development - Research and development investment reached CNY 36.74 million, a year-on-year growth of 28.73%, accounting for 6.54% of operating revenue[42] - The company is committed to continuous R&D and product upgrades, aiming to enhance its market position in the cable materials sector[28] - The company has filed for multiple invention patents, including environmentally friendly low-smoke materials and special cable materials, indicating a strong emphasis on innovation[37][38] - The company has developed 18 new products, including materials for nuclear power station cables and environmentally friendly polyethylene[57] Market and Industry Outlook - The cable materials industry is expected to benefit from the growth of related sectors such as power, communication, and new energy vehicles, providing a stable market environment[31] - The market demand for low-smoke halogen-free materials is projected to grow at a rate of approximately 15% in the coming years[78] - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2018[95] Dividend and Shareholder Information - The company announced a cash dividend of RMB 1.5 per 10 shares, totaling RMB 10,000,500 for the fiscal year 2016, which represents 28.32% of the net profit attributable to shareholders[85] - The total distributable profit for the year was RMB 35,314,916.69, with the cash dividend accounting for 100% of the profit distribution[86] - The company has maintained a stable dividend distribution policy over the past three years, with consistent cash dividends paid to shareholders[87] Governance and Management - The company has a strong governance structure with independent directors and supervisors in place[146] - The management team has diverse backgrounds, including education and experience in various sectors, enhancing decision-making capabilities[149] - The company has established a salary management system that links salary to performance, aiming to enhance employee satisfaction and encourage long-term development[164] Risks and Challenges - The company has faced risks related to raw material price fluctuations, particularly from petroleum derivatives, impacting procurement plans[5] - The company is progressing with its fundraising projects, including a 10,000-ton and a 25,000-ton plastic cable material project, although there are risks related to construction delays and market changes[7] Internal Control and Audit - The internal control audit report confirmed that the company maintained effective internal controls over financial reporting, with no significant deficiencies identified[184] - The audit opinion stated that the financial statements fairly presented the company's financial position as of December 31, 2016, and the operating results for the year[191]

Financial Performance - Net profit attributable to shareholders was CNY 8,125,891.55, down 38.29% year-on-year[8]. - Operating revenue for the reporting period was CNY 124,586,822.99, a decrease of 1.12% compared to the same period last year[8]. - The basic earnings per share decreased by 40.00% to CNY 0.12[8]. - The weighted average return on net assets was 1.63%, a decrease of 1.17% compared to the previous year[8]. - The company reported a net cash flow from operating activities of CNY -11,585,795.86 for the year-to-date[8]. - Operating profit decreased to CNY 7,115,748.65, down 54.4% from CNY 15,566,208.09 in the previous period[58]. - Net profit for the current period was CNY 23,198,401.22, down 19.3% from CNY 28,764,550.52 in the previous period[62]. - Total operating revenue for the current period reached CNY 404,043,372.90, an increase of 11.7% compared to CNY 361,502,266.84 in the previous period[61]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 584,053,932.53, a decrease of 1.10% compared to the end of the previous year[8]. - Total liabilities decreased to CNY 81,229,968.77 from CNY 100,928,628.03 at the beginning of the period[55]. - Cash and cash equivalents decreased by 40.48% to CNY 91.19 million due to the transfer of input tax credits during the period[20]. - Accounts receivable increased to CNY 184,561,877.47 from CNY 168,837,356.41, an increase of 9.3%[53]. - Inventory increased to CNY 57,806,010.77 from CNY 48,354,774.23, an increase of 19.0%[53]. Operational Challenges - The company faced collection difficulties for accounts receivable totaling CNY 11,539,765.60 due to customer credit issues, with CNY 8,391,750.00 recovered by the end of the reporting period[11]. - The company is exposed to risks from raw material price fluctuations, particularly due to reliance on petroleum-derived chemical products[12]. - The company faces risks related to dependence on the cable industry, which could impact performance if the industry experiences a downturn[25]. - The company is at risk of facing increased market competition if it fails to maintain technological advancements and product quality[25]. Strategic Initiatives - The company emphasizes continuous R&D and product upgrades to maintain competitiveness in the polymer materials market[13]. - The company is committed to management, system, and technological innovations to enhance internal controls and resource integration[26]. - The company is actively working on enhancing its brand image and service levels to promote sales growth[26]. - The company is considering strategic acquisitions to enhance its product portfolio and market reach[34]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance production capacity by 30%[41]. Future Outlook - The company provided a positive outlook for Q4 2016, projecting a revenue increase of 20%[35]. - New product launches are expected to contribute an additional 10% to overall revenue in the next quarter[34]. - The company aims to improve operational efficiency, targeting a 5% reduction in costs by the end of the fiscal year[35]. - Future outlook remains positive, with a focus on sustainable growth and technological advancements in product offerings[41]. Shareholder Commitments - The company has a commitment to not transfer or repurchase shares for a period of 36 months post-IPO[29]. - The company’s controlling shareholder has a commitment to limit share reduction to 20% within two years after the lock-up period[31]. - The company has fully respected the opinions of minority shareholders during the decision-making process for the profit distribution plan[47]. - The company has committed to not using any funds for non-operational transactions with related parties[42]. Investment and Funding - The total amount of raised funds is CNY 21,303.47 million, with CNY 441.66 million invested in the current quarter[44]. - Cumulative investment from raised funds amounts to CNY 8,382.13 million, with no changes in the purpose of the raised funds[44]. - The company plans to use CNY 60 million of idle raised funds to temporarily supplement operational liquidity, with a usage period not exceeding 12 months[46]. - There are no issues reported regarding the use and disclosure of raised funds[46].

杭州高新橡塑材料股份有限公司 2016 年半年度报告全文 杭州高新橡塑材料股份有限公司 2016 年半年度报告 2016 年 08 月 1 杭州高新橡塑材料股份有限公司 2016 年半年度报告全文 第一节 重要提示、释义 本公司董事会、监事会及董事、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、完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主 管人员)缪勇刚声明：保证年度报告中财务报告的真实、准确、完整。 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 | 第一节 | 重要提示、释义 | 2 | | --- | --- | --- | | 第二节 | 公司基本情况简介 | 5 | | 第三节 | 董事会报告 | 9 | | 第四节 | 重要事项 | 17 | | 第五节 | 股份变动及股东情况 | 32 | | 第六节 | 董事、监事、高级管理人员情况 | 36 | | 第七节 | 财务报告 | 38 | | 第八节 | 备查文件目录 | 11 ...

杭州高新橡塑材料股份有限公司 2016 年半年度报告全文 杭州高新橡塑材料股份有限公司 2016 年半年度报告 2016 年 08 月 1 杭州高新橡塑材料股份有限公司 2016 年半年度报告全文 第一节 重要提示、释义 本公司董事会、监事会及董事、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、完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主 管人员)缪勇刚声明：保证年度报告中财务报告的真实、准确、完整。 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、释义 | 2 | | --- | --- | --- | | 第二节 | 公司基本情况简介 | 5 | | 第三节 | 董事会报告 | 9 | | 第四节 | 重要事项 | 17 | | 第五节 | 股份变动及股东情况 | 32 | | 第六节 | 董事、监事、高级管理人员情况 | 36 | | 第七节 | 财务报告 | 38 | | 第八 ...

杭州高新橡塑材料股份有限公司 2016 年第一季度报告全文 杭州高新橡塑材料股份有限公司 2016 年第一季度报告 2016 年 04 月 1 所有董事均已出席了审议本次季报的董事会会议。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主 管人员)缪勇刚声明：保证季度报告中财务报告的真实、完整。 2 杭州高新橡塑材料股份有限公司 2016 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 杭州高新橡塑材料股份有限公司 2016 年第一季度报告全文 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。 | | 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） | 104,975,552.78 ...

Financial Performance - The company's operating revenue for 2015 was CNY 542,310,639.42, a decrease of 5.35% compared to CNY 572,955,064.27 in 2014[21] - The net profit attributable to shareholders for 2015 was CNY 41,114,297.43, down 10.91% from CNY 46,151,132.25 in the previous year[21] - The net cash flow from operating activities significantly dropped by 80.61% to CNY 2,527,349.23 from CNY 13,032,286.83 in 2014[21] - Basic earnings per share decreased by 23.91% to CNY 0.70 from CNY 0.92 in 2014[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2015 was CNY 2,491,134.28, a decrease from CNY 12,567,841.32 in 2014[24] - The net cash flow from operating activities was negative CNY 14,731,502.44 in 2015, compared to positive CNY 26,825,180.06 in 2014[24] - The company reported non-recurring gains of CNY 3,060,509.16 in 2015, slightly down from CNY 3,111,435.79 in 2014[27] - Revenue for the year was 542.31 million RMB (including tax 634.50 million RMB), a decrease of 5.35% compared to the previous year[41] - Net profit for 2015 was 41.11 million RMB, down 10.91% year-on-year[41] - The average selling price of products decreased by 9.34% due to an 8.70% drop in raw material procurement costs[41] - The company’s gross profit margin improved to 23.65%, an increase of 0.90% year-on-year[41] Assets and Liabilities - Total assets increased by 40.17% to CNY 590,554,690.58 at the end of 2015, compared to CNY 421,316,878.90 at the end of 2014[21] - The net assets attributable to shareholders rose by 101.51% to CNY 489,626,062.55 from CNY 242,977,100.27 in 2014[21] - The company’s cash and cash equivalents increased by 212.08% due to the public issuance of 16.67 million shares, raising net funds of 21.3 million RMB[37] - The company’s short-term loans decreased by 18.31% to ¥56,000,000, reflecting improved liquidity management[63] - Total assets at the end of 2015 were ¥590,000,000, with cash and cash equivalents making up 25.94% of total assets, up from 11.65% in 2014[63] Share Issuance and Fundraising - The company issued 16,670,000 shares at a price of CNY 14.84 per share, raising a total of CNY 247,382,800.00, with a net amount of CNY 213,034,664.85 after deducting issuance costs[7] - The total amount of raised funds in 2015 was ¥247,382,800, with a net amount of ¥213,034,664.85 after deducting issuance costs[68] - As of December 31, 2015, the remaining balance of raised funds was ¥90,234,200, indicating effective fund utilization[68] - The company plans to use the raised funds for projects with an annual production capacity of 10,000 tons and 25,000 tons of plastic cable materials[7] Research and Development - Research and development expenses amounted to 28.54 million RMB, a 22.46% increase, accounting for 5.27% of total revenue[38] - The company obtained 10 new utility model patents in 2015, bringing the total to 28 patents[42] - The company’s core technology focuses on formula technology and manufacturing processes, continuously upgrading to enhance product quality[31] - The company has a strong focus on innovation and product upgrades, aiming to enhance its competitive edge in the cable materials market[31] - The number of R&D personnel increased to 53 in 2015, accounting for 14.64% of total employees, up from 13.76% in 2014[60] Market and Sales - The company achieved a sales volume of 65,145.09 tons of cable materials in 2015, representing a year-on-year growth of 4.39%[41] - Sales of general PVC cable materials decreased by 30.54%, while sales of specialty polyethylene and cross-linked polyethylene cable materials increased by 5.13%[41] - The revenue from special polyethylene and cross-linked polyethylene cable materials increased by 5.13% to CNY 214.52 million, accounting for 39.56% of total revenue[48] - The company is focusing on high-tech product development, including collaborations for photovoltaic cable materials and nuclear power cable materials[42] Governance and Compliance - The company has established independent financial, personnel, and operational systems, ensuring clear ownership and independence from the controlling shareholder[179] - The board of directors consists of nine members, including three independent directors, and held eight meetings during the reporting period[180] - The audit committee convened three meetings to review financial reports, profit distribution, and internal controls, enhancing the board's decision-making capabilities[186] - The company has a transparent information disclosure system, ensuring timely and accurate information is available to all investors[178] - The company’s governance practices have been recognized as compliant with the standards set by the Shenzhen Stock Exchange and other regulatory bodies[176] Employee Management - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 2.753 million[169] - The company employed a total of 360 staff, with 205 in production, 45 in sales, and 50 in technical roles[170][171] - The educational background of employees includes 32 with a bachelor's degree or higher, 97 with a college diploma, and 231 with education below college level[171] - The company has established a salary management system linking basic salary and performance pay to enhance employee satisfaction and retention[172] - The company emphasizes internal training programs to improve employee skills and enhance overall competitiveness[173] Future Outlook - The company aims for a 10% increase in revenue compared to 2015, targeting a total revenue of CNY 596.54 million and a net profit of CNY 45.23 million, also reflecting a 10% growth[80] - The strategic goal for 2016 includes accelerating the construction of fundraising projects and exploring existing production capacity while focusing on core business and external expansion[81] - The company plans to extend its product line into high-end, environmentally friendly, and new material fields[80] - The company intends to enhance its research capabilities and capital operations, identifying quality projects within the industry while maintaining its traditional business[81] Risk Management - The company faces risks related to accounts receivable collection and fluctuations in raw material prices, primarily influenced by the oil market[9] - The company maintains a procurement strategy that minimizes raw material inventory to reduce the impact of price fluctuations on profitability[32] - The company is committed to improving quality management and production processes to enhance market competitiveness[81]

杭州高新橡塑材料股份有限公司 2015 年第三季度报告全文 杭州高新橡塑材料股份有限公司 2015 年第三季度报告 2015 年 10 月 1 杭州高新橡塑材料股份有限公司 2015 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。 公司负责人高长虹、主管会计工作负责人楼永富及会计机构负责人(会计主管人员)缪勇刚声明：保证 季度报告中财务报告的真实、完整。 2 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） | 580,215,677.93 | | 421,316,878.90 | 37.71% | | 归属于上市公司普通股股东的股 | 477,276,315.64 | | 242,977,100 ...

Financial Performance - The company reported total operating revenue of CNY 235,500,592.93, a decrease of 10.76% compared to the same period last year[17]. - Net profit attributable to shareholders was CNY 15,597,282.88, down 15.13% year-on-year[17]. - The company's operating revenue for the reporting period was ¥235,500,592.93, a decrease of 10.76% compared to the same period last year[29]. - The company's net profit for the reporting period was ¥15,597,300, a decrease of 15.13% year-on-year[29]. - The total comprehensive income attributable to the parent company for the current period is CNY 15,597,282.88, compared to CNY 18,378,525.67 in the previous period, reflecting a decrease of approximately 15.3%[109]. - The basic and diluted earnings per share for the current period are both CNY 0.31, down from CNY 0.37 in the previous period, indicating a decline of about 16.2%[109]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 16.72% to CNY 12,093,677.62[17]. - The net cash flow from financing activities was ¥176,083,996.53, a significant increase of 1,728.58% due to cash received from A-share public offerings[30]. - The net increase in cash and cash equivalents was ¥186,331,515.81, representing a 2,422.85% increase[30]. - Cash inflows from operating activities totaled CNY 131,387,443.24, down 13.8% from CNY 152,366,357.63 in the previous period[111]. - The ending balance of cash and cash equivalents is CNY 230,122,218.20, a substantial increase from CNY 49,056,620.75 at the end of the previous period[112]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 611,635,172.80, an increase of 45.17% from the end of the previous year[17]. - The company's total liabilities decreased to CNY 147,526,124.80 from CNY 178,339,778.63, a reduction of 17.3%[104]. - The company's total assets as of June 30, 2015, amounted to CNY 611,635,172.80, an increase of 45.2% from CNY 421,316,878.90 at the beginning of the year[105]. - The company reported a decrease in liabilities and an increase in assets following the share issuance[86]. Shareholder Information - The total number of shareholders at the end of the reporting period was 15,804[88]. - The largest shareholder, Gao Xing Holdings Group Co., Ltd., holds 38.25% of the shares, totaling 25,500,000 shares[88]. - The total number of shares increased from 50 million to 66.67 million, with public shareholders now holding 25% of the total share capital[86]. - The company has committed to compensating investors for losses incurred due to false statements or omissions in the prospectus, within 30 days after the relevant authority's determination[76]. Operational Risks and Challenges - The decline in revenue was primarily due to a decrease in raw material prices, leading to lower product prices[26]. - The company faced risks related to fluctuations in raw material prices, particularly those derived from petroleum[23]. - Accounts receivable increased by 10.44% to CNY 147,959,611.68, indicating potential credit risk[23]. Government Support and Taxation - The company received government subsidies totaling CNY 901,400.00 during the reporting period[19]. - The company benefits from a reduced corporate income tax rate of 15% under high-tech enterprise policies for the years 2013 to 2015[170]. - The company has a VAT rate of 17% and a business tax rate of 5% applicable to its operations[169]. Research and Development - Research and development expenses increased by 9.04% to ¥12,803,797.82[30]. Accounting Policies and Compliance - The company has implemented new and revised accounting standards issued by the Ministry of Finance in 2014, ensuring compliance with accounting principles[123]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts regarding the company's ability to continue operations for the next 12 months[122]. Inventory and Receivables Management - Inventory increased to CNY 47,743,714.44, a rise of 57.6% compared to CNY 30,279,449.25 at the beginning of the year[102]. - The company adopts an aging analysis method for bad debt provision, with a 5% provision for accounts receivable within 1 year, 10% for 1-2 years, 30% for 2-3 years, and 100% for over 3 years[138]. - The total accounts receivable at the end of the period amounted to ¥156,819,303.59, with a bad debt provision of ¥8,859,691.91, representing a provision ratio of 5.65%[183].