2022 年第三季度报告 公告编号：2022-029 2022 年 10 月 江苏新美星包装机械股份有限公司 2022 年第三季度报告全文 新美星使命： 帮客户建设理想工厂 助员工实现人生梦想 重要内容提示 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。 江苏新美星包装机械股份有限公司 2022 年第三季度报告全文 新美星使命： 帮客户建设理想工厂 助员工实现人生梦想 江苏新美星包装机械股份有限公司 Jiangsu Newamstar Packaging Machinery Co.,Ltd 公司负责人何云涛、主管会计工作负责人陈红及会计机构负责人(会计主 管人员)陈红声明：保证季度报告中财务报表的真实、准确、完整。 所有董事均已出席了审议本次季报的董事会会议。 本第三季度报告未经审计。 第 1 页 共 11 页 | 一、主要财务数据 3 | | | | --- | --- | --- | | （一） 主要会计数据和财务指标 | | 3 | | （二） 非经常性损益项目和金额 | | 3 | | （三） 主 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2022, representing a year-on-year growth of 15%[11]. - The company's operating revenue for the current period is ¥362,148,163.87, a decrease of 1.29% compared to ¥366,864,946.14 in the same period last year[18]. - Net profit attributable to shareholders of the listed company is ¥31,425,095.83, an increase of 6.97% from ¥29,378,640.13 in the previous year[18]. - The total revenue for the period was 14,026.06 million yuan, representing a decrease of 8.8% year-on-year[181]. - The total comprehensive income for the first half of 2022 was 296.4 million yuan, with a net profit of 29.64 million yuan[190]. - The company reported a decrease in net profit margin, which may impact future performance if not addressed[186]. Market Expansion and Strategy - The company has set a future outlook with a revenue target of 2.5 billion RMB for the full year 2022, indicating a projected growth of 10% compared to 2021[11]. - The company is actively pursuing market expansion, with plans to enter two new international markets by the end of 2022[11]. - The company aims to enhance its market share in the mid-to-high-end liquid packaging machinery market by continuously improving product quality and reducing costs[54]. - The company has plans for market expansion and new product development to enhance its competitive edge[182]. - The company aims to assist clients in building ideal factories and help employees achieve their life dreams, reflecting its mission[182]. Research and Development - The company has allocated 100 million RMB for research and development in new technologies for packaging solutions[11]. - Research and development investment increased by 6.95% to ¥21,569,980.75, reflecting the company's commitment to innovation and product improvement[58]. - The company has a total of 735 patents as of June 30, 2022, including 16 PCT foreign invention patents, ranking among the industry leaders[42]. - The company is focusing on technological advancements and innovation to drive future growth[182]. Operational Efficiency - New product development includes the launch of a high-speed PET bottle blowing machine, which is expected to increase production efficiency by 30%[11]. - The company implements a production model of "sales-driven production with appropriate inventory," allowing for timely fulfillment of customer orders while optimizing resource usage[40]. - The company has developed a comprehensive quality control system throughout the production process, from raw material inspection to finished product testing[37]. - The company has established a procurement model based on "production-driven purchasing," aligning procurement plans with sales forecasts and safety stock levels[34]. Financial Stability - The company's cash and cash equivalents increased by ¥27,831,756.57, reversing a decline of ¥40,153,975.84 from the previous year[58]. - The proportion of cash and cash equivalents to total assets increased from 22.97% to 24.12%[62]. - The company's short-term borrowings decreased from ¥195,263,293 to ¥173,889,784, indicating improved financial stability[64]. - The total assets at the end of the reporting period are ¥1,963,538,135.64, reflecting a growth of 2.18% from ¥1,921,618,690.98 at the end of the previous year[18]. Risk Management - Risk management strategies have been implemented to address potential supply chain disruptions, ensuring operational continuity[4]. - The company faces risks related to market competition, production scale expansion, and foreign exchange fluctuations, which could impact its operational performance[83][88]. - The ongoing global pandemic poses a risk of performance decline due to potential market shrinkage and reduced customer demand[89]. Sustainability and Corporate Responsibility - The management highlighted a focus on sustainability, aiming to reduce carbon emissions by 25% over the next three years[11]. - The company emphasizes environmental protection and sustainable development, adhering to ISO9001 and ISO14000 standards in its operations[102]. Shareholder Information - The company has no plans to distribute cash dividends or issue bonus shares for the current fiscal year[5]. - The annual shareholders meeting had a participation rate of 60.08% on May 19, 2022[93]. - The company reported a profit distribution of 640 million yuan, with no allocation to shareholders during the period[181].

Financial Performance - The company's operating revenue for Q1 2022 was ¥171,889,614.75, a decrease of 2.83% compared to ¥176,896,847.53 in the same period last year[10] - Net profit attributable to shareholders was ¥12,696,229.76, representing a significant increase of 35.35% from ¥9,380,617.41 year-on-year[10] - The net profit after deducting non-recurring gains and losses was ¥5,675,234.57, down 31.33% from ¥8,264,148.32 in the previous year[10] - Total operating revenue for the current period was ¥171,889,614.75, a decrease of 2.84% from ¥176,896,847.53 in the previous period[34] - Net profit for the current period increased to ¥15,340,035.43, up 21.14% from ¥12,656,092.19 in the previous period[36] - Earnings per share (EPS) for the current period was ¥0.04, compared to ¥0.030 in the previous period[38] Cash Flow and Liquidity - The net cash flow from operating activities improved to -¥34,719,288.38, a 25.31% increase compared to -¥46,486,856.73 in the same period last year[10] - The company reported a net increase in cash and cash equivalents of -¥18,165,138.78, a 64.87% improvement from -¥51,706,693.61 in the same period last year[19] - Cash flow from operating activities was ¥185,393,011.04, compared to ¥166,533,075.28 in the previous period, indicating an increase of 11.27%[40] - Total cash inflow from operating activities was 197,347,144.59, compared to 179,571,382.87 in the same period last year, reflecting a year-over-year increase of approximately 9.87%[41] - Cash outflow from operating activities totaled 232,066,432.97, slightly higher than 226,058,239.60 in the previous year[41] - Cash flow from investing activities was -500,657.62, an improvement from -2,404,929.06 in the previous year[43] - Cash inflow from financing activities was 33,900,000.00, down from 58,800,000.00 in the same period last year[43] - The net cash flow from financing activities was 17,132,551.06, a significant recovery from -3,568,571.13 in the previous year[43] - The ending balance of cash and cash equivalents was 394,399,662.42, down from 414,552,899.29 at the end of the previous year[45] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,913,467,707.00, marking a 16.63% increase from ¥1,640,650,004.98 at the end of the previous year[10] - The company reported a total liability of ¥1,221,015,436.84, a slight decrease from ¥1,239,504,650.41[34] - Total assets amount to RMB 1,913,467,707.00, slightly down from RMB 1,921,618,690.98 at the beginning of the year[29] - Short-term borrowings increased to RMB 213,123,500.00 from RMB 195,263,293.73, an increase of about 9.1%[29] - Total liabilities include accounts payable of RMB 223,922,624.58, down from RMB 239,671,715.67, a decrease of approximately 6.6%[29] Shareholder Information - Total number of common shareholders at the end of the reporting period is 13,218[21] - The largest shareholder, He Deping, holds 31.71% of the shares, totaling 93,989,399 shares[21] - The company has no preferred shareholders as indicated in the report[25] Research and Development - Research and development expenses increased by 38.82% to ¥9,999,846.64, compared to ¥7,203,528.39 in the previous year, indicating a significant investment in innovation[17] - Research and development expenses rose to ¥9,999,846.64, an increase of 38.9% from ¥7,203,528.39[34] Other Financial Metrics - The weighted average return on equity was 2.04%, up from 1.53% in the previous year, reflecting improved profitability[10] - The company received government subsidies amounting to ¥1,005,530.86, which was a decrease of 31.43% compared to the previous year[17] - Other comprehensive income after tax was reported at -¥5,001,805.84, worsening from -¥2,194,183.32 in the previous period[36] - Payments to employees increased to 49,903,339.33 from 45,823,062.83 in the previous year, indicating a rise of approximately 4.5%[41] Audit and Reporting - The company did not conduct an audit for the first quarter report[45] - The report indicates no significant changes in restricted shares or other important matters[25]

Financial Performance - The company's operating revenue for 2021 was CNY 710,146,169.61, representing a 2.70% increase compared to CNY 691,498,480.98 in 2020[21]. - The net profit attributable to shareholders for 2021 was CNY 58,282,848.51, a slight increase of 0.40% from CNY 58,050,194.52 in the previous year[21]. - The net profit after deducting non-recurring gains and losses decreased by 31.13% to CNY 19,927,457.57 from CNY 28,935,879.35 in 2020[21]. - The net cash flow from operating activities significantly dropped by 84.55% to CNY 31,714,721.96, down from CNY 205,335,062.79 in 2020[21]. - The total assets at the end of 2021 were CNY 1,921,618,690.98, reflecting a 15.65% increase from CNY 1,661,651,991.16 at the end of 2020[21]. - The net assets attributable to shareholders increased by 1.19% to CNY 616,971,773.63 from CNY 609,715,427.58 in 2020[21]. - The basic earnings per share remained stable at CNY 0.20, unchanged from the previous year[21]. - The weighted average return on equity for 2021 was 9.60%, slightly up from 9.56% in 2020[21]. - The company achieved a gross margin of 28.34% in the liquid packaging industry, a decrease of 0.73% compared to the previous year[70]. - The total operating revenue for 2021 was ¥710,146,169.61, representing a 2.70% increase from ¥691,498,480.98 in 2020[68]. Dividend Distribution - The company plans to distribute a cash dividend of 1.00 yuan (including tax) for every 10 shares based on a total of 296,400,000 shares, with no stock dividends or capital reserve transfers[6]. - The cash dividend represents 100% of the total distributable profit of 172,202,591.53 yuan for the year[161]. - The company has no plans for stock dividends or capital reserve transfers for the year 2021[162]. Market Position and Growth - The company has developed into a significant player in the domestic liquid food packaging machinery sector, breaking the long-standing monopoly of international companies in PET bottle aseptic filling technology[33]. - The packaging machinery industry has seen strong growth, driven by the stable development of the domestic economy and the rapid iteration of consumer goods, particularly in the food and beverage sectors[34]. - The company serves over 2,200 production lines across more than 80 countries and regions, providing comprehensive solutions for liquid packaging[36]. - The company aims to enhance its governance structure and improve R&D capabilities while actively expanding both domestic and international markets[37]. - The company aims to strengthen its R&D capabilities and expand into new fields such as daily chemicals and pharmaceuticals, utilizing its accumulated technology and production experience in the liquid food packaging machinery industry[104]. Research and Development - The company holds a total of 714 authorized patents as of December 31, 2021, including 171 invention patents, ranking among the top in the industry[42]. - The company has been recognized as a high-tech enterprise by multiple government bodies and has established a "Jiangsu Provincial Enterprise Technology Center" for R&D[42]. - The company has a robust R&D team with interdisciplinary expertise, continuously increasing investment in technological innovation[47]. - The company is focused on strategic growth and aims to leverage its existing capabilities to capture new market opportunities[126]. - The company has developed key technologies for environmentally friendly lightweight bottled drinking water packaging, awarded by the provincial government[48]. Risk Management - The management discussion highlights potential risks in the company's operations and corresponding countermeasures, which investors are advised to pay attention to[6]. - The company faces market competition risks due to the increasing number of domestic manufacturers and the strong presence of international competitors in the high-end liquid food packaging machinery market[105]. - The company is exposed to raw material price fluctuation risks, particularly related to steel prices, which can impact production costs and overall performance[107]. - The company has a relatively high inventory balance due to the customized nature of its products, which may pose risks if customer demand changes significantly[106]. - The company will continue to monitor market dynamics and trends to minimize risks associated with competition and inventory management[105]. Governance and Management - The annual report emphasizes the commitment of the board and management to ensure the accuracy and completeness of the financial report, taking legal responsibility for any misstatements or omissions[5]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, with no shared bank accounts or overlapping personnel roles[117][118][119]. - The company has established a comprehensive performance evaluation and incentive mechanism for directors and senior management, ensuring transparency and compliance with relevant laws[116]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[113]. - The company has implemented strict information disclosure practices, ensuring timely and accurate communication with shareholders through designated media[116]. Employee Development - The company has implemented various training programs, including knowledge, skills, and quality training for employees[158]. - The training includes internal and external training formats, focusing on professional skills and career development[159]. - The company has a structured training approach for different employee levels, including senior management and ordinary employees[158]. - The establishment of the New Meixing Academy aims to enhance employee skills and career development through various training programs[176]. - The company implements a broadband salary and comprehensive compensation system, offering competitive salaries and diverse benefits, including free meals, dormitory-style housing, and various bonuses[154]. Environmental and Social Responsibility - The company is committed to environmental protection and sustainable development as part of its corporate strategy[171]. - The company emphasizes compliance with labor laws, providing competitive salaries and diverse benefits, including free meals and housing subsidies[174]. - The company has created numerous job opportunities, contributing to social stability and harmony while maintaining a balance between corporate social responsibility and growth[176]. - The company has implemented effective waste management practices to minimize environmental impact during production[175]. - The company organizes various cultural and recreational activities to enrich employees' leisure time and promote a positive work environment[174].

Financial Performance - The company's revenue for Q3 2021 was ¥152,491,974.89, a decrease of 9.97% compared to the same period last year[7] - Net profit attributable to shareholders for Q3 2021 was ¥9,907,306.43, an increase of 8.70% year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥3,878,576.48, down 40.61% from the previous year[7] - Total operating revenue for the period reached CNY 519,356,921.03, an increase of 2.9% compared to CNY 504,876,642.52 in the previous period[26] - Operating profit amounted to CNY 51,484,928.39, up from CNY 47,314,673.99, reflecting a growth of 4.6%[27] - Net profit for the period was CNY 46,098,557.41, compared to CNY 38,312,364.09, representing a significant increase of 20.5%[27] - The total comprehensive income for the period was CNY 27,160,876.59, compared to CNY 14,421,697.65, indicating a strong performance in overall profitability[28] Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,833,574,434.49, reflecting a growth of 10.35% compared to the end of the previous year[7] - Total current assets as of September 30, 2021, amount to ¥1,476,462,097.41, an increase from ¥1,288,966,048.13 at the end of 2020, representing a growth of approximately 14.6%[19][21] - Total assets as of September 30, 2021, are ¥1,833,574,434.49, compared to ¥1,661,651,991.16 at the end of 2020, reflecting an increase of approximately 10.3%[23] - Total liabilities rose to CNY 1,163,042,504.34, compared to CNY 982,712,937.60, marking an increase of 18.3%[25] - Total current liabilities as of September 30, 2021, are ¥1,142,485,403.38, an increase from ¥960,217,579.63 at the end of 2020, representing a growth of about 18.9%[23] Cash Flow - Cash flow from operating activities for the year-to-date was ¥13,670,383.57, a significant decrease of 87.34%[7] - The company reported a net cash flow from operating activities of CNY 13,670,383.57, a decrease of 87.3% from CNY 107,969,109.93 in the previous period[31] - The net cash flow from investment activities was -15,699,152.12, a decrease from -25,131,044.96 in the previous period[32] - Cash inflow from financing activities totaled 232,325,074.43, compared to 217,600,000.00 in the prior period[32] - The net cash flow from financing activities was 23,428,564.21, down from 31,438,177.97 year-over-year[35] - The company reported a net increase in cash and cash equivalents of 21,434,601.06, significantly lower than 110,933,126.08 in the previous year[35] - The ending balance of cash and cash equivalents was 487,694,193.96, up from 387,195,553.89 year-over-year[35] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,384[16] - The largest shareholder, He De Ping, holds 31.71% of shares, amounting to 93,989,399 shares, with 14,000,000 shares pledged[16] Inventory and Receivables - The company reported a 134.97% increase in other receivables, totaling ¥5,345,233.17, due to a rapid increase in bid deposits[12] - Inventory as of September 30, 2021, is ¥751,708,599.61, up from ¥591,987,516.83 at the end of 2020, indicating a growth of about 27%[21] Research and Development - Research and development expenses increased to CNY 32,538,496.13, up 29.4% from CNY 25,170,496.72, indicating a focus on innovation[26] Company Strategy and Developments - The company aims to assist clients in building ideal factories and help employees achieve their life dreams, indicating a focus on customer and employee satisfaction[21] - The company aims to expand its market presence and enhance product offerings, aligning with its mission to help customers build ideal factories[26] - The company has not reported any new product or technology developments in the current quarter[18] - There are no significant mergers or acquisitions reported in the current quarter[18]

Financial Performance - The company reported a significant increase in revenue, achieving a total of 1.2 billion RMB for the first half of 2021, representing a year-on-year growth of 25%[15] - The company's operating revenue for the reporting period was ¥366,864,946.14, representing a 9.35% increase compared to ¥335,496,450.52 in the same period last year[20] - The net profit attributable to shareholders was ¥29,378,640.13, up 27.48% from ¥23,045,939.95 year-on-year[20] - The net profit after deducting non-recurring gains and losses was ¥28,387,307.75, reflecting a 42.49% increase from ¥19,921,902.02 in the previous year[20] - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥8,807,259.04 compared to a net inflow of ¥91,890,571.54 in the same period last year, marking a 109.58% decrease[20] - The gross profit margin for liquid packaging equipment increased by 10.86% year-on-year, indicating improved profitability in this segment[64] - The company's total liabilities increased to CNY 1,030,734,753.37 from CNY 982,712,937.60, reflecting a growth of about 4.9%[144] - The total comprehensive income for the first half of 2021 was ¥24.22 million, compared to ¥16.44 million in the first half of 2020, indicating a significant growth[163] Market Expansion and Strategy - The company is actively pursuing market expansion, with plans to enter two new international markets by the end of 2021[15] - The company aims to enhance its governance structure and improve R&D capabilities while expanding domestic and international markets[33] - The company is exploring strategic acquisitions to enhance its market position and expand its product offerings[15] - The company aims to provide comprehensive solutions for various liquid product industries, including beverages, alcohol, edible oils, and condiments[55] - The company is focusing on strategic partnerships and potential acquisitions to drive growth[183] Research and Development - The company has allocated 100 million RMB for research and development in new technologies aimed at improving packaging solutions[15] - Research and development investment increased by 28.83% to ¥20,167,899.58, up from ¥15,654,878.06, due to a rapid increase in order volume[59] - As of June 30, 2021, the company holds a total of 694 patents, including 15 PCT foreign invention patents, marking a significant achievement in the industry[42] - The company developed the "40000 bottles/hour PET bottle filling machine" and other high-tech products, which have been recognized as high-tech products by the Jiangsu Provincial Department of Science and Technology[44] Operational Efficiency - New product development includes the launch of a high-speed PET bottle blowing machine, which is expected to enhance production efficiency by 30%[15] - The procurement model is based on "production-driven purchasing," ensuring raw material supply aligns with sales forecasts[34] - The production mode follows an "order-based production" strategy, reducing operational risks by producing according to actual orders[35] - The company emphasizes quality control throughout the production process, from raw material inspection to final product testing[37] Customer Base and Relationships - The company has served renowned brands such as Coca-Cola, Nestlé, and Wahaha, providing integrated solutions for liquid packaging machinery[28] - The company has built a strong customer base, providing quality equipment and services to renowned brands such as Coca-Cola, Danone, and Nestlé[51] - The company has established a stable supplier relationship, focusing on quality and service in raw material procurement[35] Risks and Challenges - The company has identified potential risks including supply chain disruptions and has implemented measures to mitigate these risks[4] - The company faces risks related to market competition, with many small enterprises potentially being eliminated as the industry consolidates[81] - The company is exposed to foreign exchange risks due to its international operations, particularly with its subsidiary in Ethiopia[85] - The ongoing global pandemic poses a risk of performance decline, particularly in overseas markets[88] Shareholder Information - The total number of shares remained at 296.40 million, with no changes in the total share count[123] - He De Ping holds 32.53% of the shares, with a total of 24,106,420 shares, and has pledged 14,000,000 shares[130] - The top ten shareholders include Jiangsu Xinmeixing Packaging Machinery Co., Ltd. with 15,376,400 shares, accounting for 5.19%[127] Corporate Governance - The financial report was approved by the board on August 13, 2021, indicating ongoing corporate governance and compliance[200] - The semi-annual financial report was not audited[102] - The company did not engage in any related party transactions during the reporting period[106]

Dividend Distribution - The company plans to distribute a cash dividend of 1.2 RMB per 10 shares to all shareholders, based on a total of 296,400,000 shares[5]. - The board of directors has approved the profit distribution plan, which does not include stock dividends or capital reserve transfers[5]. - The cash dividend for 2019 was 34,200,000 yuan, which accounted for 81.67% of the consolidated net profit attributable to shareholders[109]. - The cash dividend for 2018 was 38,000,000 yuan, representing 88.23% of the consolidated net profit attributable to shareholders[110]. - The company has maintained a consistent cash dividend policy, with a minimum of 80% of profits distributed as cash dividends during its mature development stage[106]. - The cash dividend amount for 2020 is higher than the previous year's distribution, reflecting a commitment to shareholder returns despite market conditions[109]. - The company’s cash dividend policy has been approved by the board and independent directors, ensuring transparency and compliance with governance standards[107]. Financial Performance - The company's operating revenue for 2020 was approximately ¥691.5 million, a slight decrease of 0.06% compared to ¥691.9 million in 2019[22]. - Net profit attributable to shareholders increased by 38.63% to approximately ¥58.1 million in 2020, up from ¥41.9 million in 2019[22]. - The net cash flow from operating activities surged by 1,876.49% to approximately ¥205.3 million in 2020, compared to ¥10.4 million in 2019[22]. - Basic and diluted earnings per share rose by 42.86% to ¥0.20 in 2020, compared to ¥0.14 in 2019[22]. - Total assets increased by 14.52% to approximately ¥1.66 billion at the end of 2020, up from ¥1.45 billion at the end of 2019[22]. - The company achieved a total revenue of ¥691,941,193.04 in 2020, with a year-on-year increase of 41.52% in operating profit to ¥76,176,816.27 and a net profit attributable to shareholders of ¥58,050,194.52, up 38.63% year-on-year[54]. - The total assets at the end of the reporting period reached ¥1,661,651,991.16, representing a 14.52% increase compared to the end of 2019[54]. Operational Risks and Management - The annual report emphasizes the importance of risk awareness regarding future plans and performance forecasts, indicating that these do not constitute commitments to investors[4]. - The company has detailed its operational risks and corresponding countermeasures in the section discussing future development prospects[5]. - The company primarily adopts a "make-to-order" production model, which helps to reduce operational risks by producing based on actual orders received[36]. - The company employs a "make-to-order" procurement management model to minimize risks associated with raw material price fluctuations[101]. - The company has a relatively high inventory balance due to the long production cycle of its customized large-scale equipment, which poses a risk if customer demand changes[98]. Research and Development - The company has established subsidiaries focused on research and development, enhancing its innovation capabilities[16]. - The company holds a total of 666 authorized patents as of December 31, 2020, including 154 invention patents and 15 European authorized patents, indicating significant technological innovation capabilities[41]. - The company focuses on the research and development of high-speed blow molding equipment, high-precision filling equipment, and automated secondary packaging equipment[95]. - The company has a first-class R&D team and has made significant investments in technology development, breaking the international monopoly on PET bottle sterile cold filling technology[43]. - R&D investment amounted to ¥40,155,261.19 in 2020, an increase of 2.34% compared to ¥39,233,189.38 in 2019, with R&D expenditure accounting for 5.81% of operating revenue[83]. Market Position and Strategy - The report outlines the company's core competitive advantages and its strategic positioning in the packaging machinery industry[8]. - The company focuses on high-end liquid packaging machinery, providing comprehensive solutions for various sectors including beverages, dairy, and personal care products[31]. - The company aims to expand its market presence by targeting mid-to-high-end market clients in the domestic liquid food packaging machinery sector[96]. - The company is actively expanding its domestic and international markets while improving its after-sales service system to support sustainable long-term development[35]. - The company aims to enhance its international brand recognition by participating in major international liquid food packaging machinery exhibitions and expanding its marketing network in emerging markets such as Southeast Asia, the Middle East, and Africa[96]. Corporate Governance and Compliance - The financial report asserts the accuracy and completeness of the financial statements, with the responsible parties taking legal responsibility for any misstatements[4]. - The company has established a comprehensive internal control system to ensure fair and full protection of shareholder rights[153]. - The company has not implemented any stock incentive plans or employee shareholding plans during the reporting period[136]. - The company has maintained a continuous relationship with its accounting firm for 11 years, with the current auditors serving for 5 years[132]. - The company has no significant related party transactions during the reporting period[137]. Employee Development and Welfare - The company provides competitive salaries and a variety of benefits to employees, including free meals and housing subsidies[155]. - The company has created the Xinmeixing Academy to enhance employee skills and career development through various training programs[155]. - The company has a strong emphasis on employee training to enhance both professional knowledge and skills[195][196]. - The company reported a total of 820 employees, with 406 in production, 31 in sales, 219 in technical roles, 11 in finance, and 153 in administration[192]. - The total pre-tax remuneration for directors and senior management during the reporting period amounted to 519.93 million yuan[191]. Shareholder Commitments and Stock Management - Shareholders have committed to not transferring or managing their shares for 12 months post-IPO, with a limit of 25% per year thereafter[116]. - The company plans to repurchase shares to stabilize stock prices within three years after the IPO[115]. - The company will issue announcements three trading days prior to any share reductions by its directors and senior management[118]. - The company’s management has made commitments to maintain their shareholdings during their tenure[117]. - The company aims to stabilize its stock price through these measures to ensure compliance with listing conditions[120].

Financial Performance - The company's operating revenue for Q1 2021 was ¥176,896,847.53, representing a 15.58% increase compared to ¥153,050,975.60 in the same period last year[8] - Net profit attributable to shareholders for Q1 2021 was ¥9,380,617.41, a significant increase of 74.00% from ¥5,391,014.39 in the previous year[8] - The net profit after deducting non-recurring gains and losses reached ¥8,264,148.32, marking a 117.40% increase from ¥3,801,363.96 year-on-year[8] - The basic earnings per share for Q1 2021 was ¥0.030, up 50.00% from ¥0.02 in the same quarter last year[8] - The company achieved operating revenue of ¥176,896,847.53, an increase of 15.58% year-on-year[19] - The net profit attributable to shareholders was ¥9,380,617.41, representing a year-on-year increase of 74.00%[19] - Net profit for the period was ¥12,656,092.19, representing a 51.1% increase from ¥8,375,348.65 year-over-year[48] - Total revenue from sales of goods and services was ¥166,533,075.28, compared to ¥158,131,462.81 in the previous period[58] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,640,650,004.98, a decrease of 1.26% from ¥1,661,651,991.16 at the end of the previous year[8] - Total current assets were CNY 1,276,036,534.17, slightly down from CNY 1,288,966,048.13, indicating a decrease of about 1.0%[35] - The company's cash and cash equivalents decreased to CNY 444,587,114.17 from CNY 500,516,386.10, representing a decline of approximately 11.2%[33] - Total liabilities decreased to CNY 951,249,042.55 from CNY 982,712,937.60, a reduction of about 3.2%[37] - The company's equity increased to CNY 689,400,962.43 from CNY 678,939,053.56, showing a growth of approximately 1.8%[39] - The current liabilities totaled CNY 929,399,770.25, down from CNY 960,217,579.63, indicating a decrease of about 3.2%[37] Cash Flow - The net cash flow from operating activities was negative at -¥46,486,856.73, a decline of 373.02% compared to -¥9,827,745.48 in the same period last year[8] - The company's cash flow from operating activities decreased by 45.81% to ¥5,786,663.37, primarily due to reduced government subsidies received[18] - Cash flow from operating activities showed a net outflow of ¥46,486,856.73, worsening from a net outflow of ¥9,827,745.48 in the prior period[59] - Investment activities resulted in a net cash outflow of ¥2,404,929.06, compared to a net outflow of ¥1,081,437.48 in the previous period[60] - Financing activities generated a net cash outflow of ¥3,568,571.13, contrasting with a net inflow of ¥54,095,026.55 in the prior period[60] Shareholder Information - Total number of common shareholders at the end of the reporting period is 10,551[13] - Major shareholder He Deping holds 32.53% of shares, totaling 96,425,680 shares, with 14,000,000 shares pledged[13] - Major shareholder He Yuntao holds 25.17% of shares, totaling 74,607,520 shares[13] - The top three shareholders collectively hold over 62% of the company's shares[13] - The company has a total of 10,551 common shareholders, with no preferred shareholders reported[16] Risks and Strategies - The company plans to mitigate market competition risks by focusing on technology upgrades and business model innovations[20] - The company faces risks related to high inventory levels due to the nature of its custom large-scale equipment[20] - The company has implemented measures to manage raw material price fluctuations, particularly concerning steel prices[23] Other Financial Metrics - The weighted average return on equity for Q1 2021 was 1.53%, an increase of 0.63% from 0.90% in the previous year[8] - The company reported non-recurring gains of ¥1,116,469.09 for the period, after accounting for tax effects[9] - The company reported a financial income of ¥956,160.21, compared to ¥365,265.48 in the previous year, reflecting a significant increase[48] - Other comprehensive income after tax was reported at -¥2,194,183.32, worsening from -¥214,458.59 year-over-year[48] - The company reported a tax expense of ¥670,828.73, compared to a tax benefit of ¥375,000.00 in the previous period[54] Research and Development - Research and development expenses were ¥7,203,528.39, slightly down from ¥7,357,651.63, showing a decrease of 2.1%[48] - R&D expenses increased to ¥7,999,988.59 from ¥7,357,651.63, reflecting a growth of approximately 8.7%[54] Audit and Compliance - The company did not experience any significant changes in accounting data that required restatement for previous years[8] - The first quarter report for 2021 was not audited[68] - The company did not apply the new leasing standards for the first quarter of 2021[67]

Financial Performance - The company's operating revenue for 2020 was approximately ¥691.50 million, a slight decrease of 0.06% compared to ¥691.94 million in 2019 [21]. - Net profit attributable to shareholders increased by 38.63% to approximately ¥58.05 million in 2020, up from ¥41.87 million in 2019 [21]. - The net cash flow from operating activities surged by 1,876.49% to approximately ¥205.34 million in 2020, compared to ¥10.39 million in 2019 [21]. - Basic and diluted earnings per share rose by 42.86% to ¥0.20 in 2020, compared to ¥0.14 in 2019 [21]. - Total assets increased by 14.52% to approximately ¥1.66 billion at the end of 2020, up from ¥1.45 billion at the end of 2019 [21]. - The company achieved a total revenue of ¥691,941,193.04 in 2020, with a year-on-year increase of 41.52% in operating profit to ¥76,176,816.27 and a net profit attributable to shareholders of ¥58,050,194.52, up 38.63% year-on-year [56]. - The total operating revenue for 2020 was ¥691,498,480.98, a slight decrease of 0.06% compared to ¥691,941,193.04 in 2019 [74]. - Revenue from the liquid packaging industry accounted for 98.82% of total revenue, totaling ¥683,340,521.39, down 0.31% from the previous year [74]. - Domestic sales increased by 29.16% to ¥348,694,740.81, while export sales decreased by 29.42% to ¥195,007,106.85 [74]. - The gross profit margin for the liquid packaging industry was 25.57%, reflecting a decrease of 8.09% compared to the previous year [76]. Dividend Distribution - The company plans to distribute a cash dividend of 1.2 RMB per 10 shares to all shareholders, based on a total of 296,400,000 shares [4]. - The report indicates that there will be no issuance of bonus shares or capital reserve conversion into share capital this year [4]. - The cash dividend for 2019 was 1.5 CNY per 10 shares, amounting to 34,200,000 CNY, which was 81.67% of the net profit attributable to shareholders [118]. - The cash dividend for 2018 was 2.5 CNY per 10 shares, totaling 38,000,000 CNY, representing 88.23% of the net profit attributable to shareholders [118]. - The company has maintained a consistent cash dividend policy, with the cash dividends over the past three years being 61.27% (2020), 81.67% (2019), and 88.23% (2018) of the net profit attributable to shareholders [119]. - The company’s total distributable profit for 2020 was 41,691,130.58 CNY [114]. - The cash dividend distribution plan complies with relevant regulations, including the Company Law and the guidelines from the China Securities Regulatory Commission [115]. - The company’s independent directors have expressed clear agreement with the dividend distribution plan [115]. Research and Development - The company has a strong focus on innovation and quality, aiming to provide comprehensive solutions in the beverage, dairy, alcohol, condiment, and daily chemical sectors [31]. - The company holds a total of 666 authorized patents, including 154 invention patents, and ranks among the top in the industry for technological innovation in liquid food packaging machinery [42]. - R&D investment amounted to ¥40,155,261.19 in 2020, representing 5.81% of operating revenue [90]. - The company focuses on the research and development of high-speed blow molding equipment, high-precision filling equipment, and automated secondary packaging equipment [104]. - The company has a strong R&D team and has broken the international monopoly on PET bottle sterile cold filling technology in the liquid food packaging sector [48]. - The company plans to continue focusing on independent innovation and high-value, intelligent fluid equipment and packaging solutions [103]. Market Position and Strategy - The company emphasizes its core competitiveness and strategic positioning within the packaging machinery industry [7]. - The company aims to expand its domestic and international markets while improving its after-sales service system [36]. - The company aims to increase its market share in the mid-to-high-end liquid food packaging machinery market by continuously improving product quality and cost-effectiveness [56]. - The company has established partnerships with renowned brands such as Coca-Cola, Nestlé, and Wahaha, enhancing its market presence [32]. - The company has participated in the formulation of multiple national and industry standards, showcasing its leadership in the sector [42]. - The company aims to increase its international presence by participating in major liquid food packaging machinery exhibitions and strengthening its marketing capabilities in emerging markets such as Southeast Asia, the Middle East, and Africa [105]. Risk Management - The company has outlined potential risks and corresponding countermeasures in the section discussing future development prospects [4]. - The company faces market competition risks due to the increasing number of domestic manufacturers and the strong presence of international competitors in the high-end product market [107]. - The company is exposed to raw material price fluctuation risks, particularly related to steel prices, which can affect production costs and overall performance [109]. - The company has a relatively high inventory balance due to the long production cycle of its customized large-scale equipment, which may impact operational performance if not managed properly [109]. Corporate Governance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or significant omissions [3]. - The company has committed to maintaining transparency and accountability in its financial disclosures and governance practices [9]. - The company maintains a commitment to shareholder rights protection and transparent communication with investors [178]. - The company has established a human resources development plan to optimize its workforce and enhance core competitiveness [106]. Awards and Recognition - The company has received several awards for its innovative products, including the Jiangsu Provincial Science and Technology Award for its key technology equipment project [46]. - The company was awarded the second prize in the Science and Technology Progress Award by the China Machinery Industry Federation, highlighting its competitive edge in PET bottle technology [70]. - The "New Meixing" trademark has been recognized as a "Famous Trademark of Jiangsu Province," indicating strong brand recognition in the market [49]. Shareholder Information - The company had a total of 10,627 common shareholders at the end of the reporting period [191]. - Major shareholder He De Ping held 32.53% of the shares, amounting to 96,425,680 shares, with 24,106,420 shares pledged [191]. - Major shareholder He Yun Tao held 25.17% of the shares, amounting to 74,607,520 shares, with no shares pledged [191]. - The company’s major shareholders have promised to avoid any activities that may lead to competition with the company’s business, ensuring no direct or indirect involvement in competing businesses [132].

江苏新美星包装机械股份有限公司 2020 年第三季度报告全文 新美星使命： 帮客户建设理想工厂 助员工实现人生梦想 | 第一节 重要提示 1 | | --- | | 第二节 公司基本情况 2 | | 一、主要会计数据和财务指标 2 | | 二、报告期末股东总数及前十名股东持股情况表 3 | | 1、 普通股股东总数和表决权恢复的优先股股东数量及前 10 名股东持股情况表 3 | | 2、 公司优先股股东总数及前 10 名优先股股东持股情况表 5 | | 3、 限售股份变动情况 5 | | 第三节 重要事项 5 | | 一、报告期主要财务数据、财务指标发生重大变动的情况及原因 5 | | 二、重要事项进展情况及其影响和解决方案的分析说明 6 | | 项 7 | | 四、对 2020 年度经营业绩的预计 7 | | 五、报告期内现金分红政策的执行情况 7 | | 六、违规对外担保情况 7 | | 七、控股股东及其关联方对上市公司的非经营性占用资金情况 7 | | 八、报告期内接待调研、沟通、采访等活动登记表 7 | | 第四节 财务报表 8 | | 一、财务报表 8 | | 1、合并资产负债表 8 | | 2、母 ...