证券代码：300547 证券简称：川环科技 公告编号：2022-052 四川川环科技股份有限公司 2022年第三季度报告 2022 年 10 月 四川川环科技股份有限公司 2022 年第三季度报告 1 四川川环科技股份有限公司 2022 年第三季度报告 四川川环科技股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第三季度报告是否经过审计 □是否 2 四川川环科技股份有限公司 2022 年第三季度报告 四川川环科技股份有限公司 2022 年第三季度报告 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | -- ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 388,670,732.07, representing a 4.40% increase compared to CNY 372,278,597.75 in the same period last year[25]. - The net profit attributable to shareholders was CNY 51,662,273.13, up by 2.80% from CNY 50,252,851.78 in the previous year[25]. - The company reported a basic earnings per share of CNY 0.2382, reflecting a 2.81% increase from CNY 0.2317 in the previous year[25]. - Operating profit was ¥59,807,006.01, up 7.17% year-on-year[38]. - The main business revenue reached ¥386,123,054.55, a 5.31% increase from ¥366,649,942.26 in the same period last year[39]. - The total operating revenue from sales of goods and services was CNY 231,820,409.87, an increase from CNY 209,480,208.65 in the first half of 2021[165]. - The company reported a total comprehensive income of CNY 51,662,273.13 for the first half of 2022, compared to CNY 50,252,851.78 in the previous year[157]. Cash Flow and Investments - The net cash flow from operating activities decreased by 23.50% to CNY 43,840,021.26, down from CNY 57,309,504.95 in the same period last year[25]. - The company reported a net cash increase of -¥95,400,312.02, a decline of 15.88% compared to the previous year[60]. - Cash flow from operating activities decreased by 23.50% to ¥43,840,021.26, primarily due to increased cash outflows for raw material purchases[60]. - The company incurred a net cash outflow from investing activities of CNY 79,726,517.59 in the first half of 2022[163]. - Cash outflow from investment activities totaled CNY 129,379,112.08, an increase of 17% compared to CNY 110,518,752.38 in the first half of 2021[165]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,107,789,927.87, a slight increase of 0.37% from CNY 1,103,697,355.71 at the end of the previous year[25]. - The company's current assets decreased to CNY 750,360,919.41 from CNY 780,340,899.16 at the beginning of the year, indicating a decline of approximately 3.9%[147]. - The total liabilities increased to CNY 167,221,936.93 as of June 30, 2022, compared to CNY 140,001,546.50 at the start of the year, indicating a rise of 19.5%[153]. - The company's total liabilities and equity at the end of the reporting period were CNY 458,934,906.00, reflecting a stable financial position[167]. Research and Development - Research and development expenses were ¥15,467,783.13, a decrease of 7.54% compared to ¥16,728,996.52 from the previous year[39]. - As of June 2022, the company has accumulated 105 authorized patents, including 14 invention patents, demonstrating strong R&D capabilities[49]. - The company has invested in over 100 advanced testing and detection equipment to enhance its laboratory capabilities and meet quality standards[52]. - The company is focusing on technological advancements and innovation to drive future growth and profitability[172]. Market Expansion and Strategy - The company is actively expanding into new sectors such as rail transportation and military products, with small batch supply already initiated[34]. - The company is actively expanding into new markets such as rail transportation, oil and gas exploration, and aviation, diversifying its product applications[47]. - The company plans to fully launch its CNY 150 million "Energy Saving and Key Components for New Energy Vehicles Project (Phase I)" in the second half of 2022 to alleviate capacity shortages[3]. - The company aims to reduce production costs by actively seeking new suppliers and replacing imported materials with domestic alternatives[81]. Environmental and Social Responsibility - The company has implemented a 25-ton steam boiler using advanced environmental protection technologies, which has been operational since September 2017[96]. - The company has established a closed-loop system for cleaning wastewater, ensuring minimal discharge after treatment[97]. - The company is committed to environmental sustainability, aligning with national carbon neutrality policies and enhancing its competitive edge[48]. - The company has been recognized as one of the top ten enterprises in the industry for over ten consecutive years, highlighting its market position[54]. Shareholder and Governance - The annual shareholders meeting had a participation rate of 26.12% on May 23, 2022, where several key reports and proposals were approved[90]. - The company does not plan to distribute cash dividends or issue bonus shares for the reporting period[6]. - There were no changes in the board of directors, supervisors, or senior management during the reporting period[91]. - The company has not engaged in any entrusted financial management or derivative investments during the reporting period[75][76].

Financial Performance - The company's operating revenue for 2021 was ¥776,493,977.51, representing a 14.62% increase compared to ¥677,467,554.58 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥104,990,922.15, a decrease of 6.91% from ¥112,784,928.57 in 2020[20] - The net profit after deducting non-recurring gains and losses was ¥103,478,505.81, showing a slight increase of 0.20% from ¥103,274,660.09 in 2020[20] - The net cash flow from operating activities increased by 44.82% to ¥167,509,948.95 in 2021, up from ¥115,665,476.97 in 2020[20] - The total assets at the end of 2021 were ¥1,103,697,355.71, a 3.64% increase from ¥1,064,888,238.27 at the end of 2020[20] - The net assets attributable to shareholders increased by 5.05% to ¥934,139,474.89 at the end of 2021, compared to ¥889,231,562.93 at the end of 2020[20] - The basic earnings per share for 2021 were ¥0.4840, down 6.92% from ¥0.5200 in 2020[20] - The weighted average return on equity for 2021 was 11.52%, a decrease of 1.55% from 13.07% in 2020[20] Revenue Breakdown - The company's total revenue for Q1, Q2, Q3, and Q4 of 2021 was approximately ¥173.14 million, ¥199.13 million, ¥161.83 million, and ¥242.39 million respectively, showing a significant increase in Q4[22] - The net profit attributable to shareholders for Q1, Q2, Q3, and Q4 of 2021 was approximately ¥20.48 million, ¥29.78 million, ¥18.55 million, and ¥36.18 million respectively, indicating a strong performance in Q4[23] - The net cash flow from operating activities for Q1, Q2, Q3, and Q4 of 2021 was approximately ¥1.23 million, ¥56.08 million, ¥77.03 million, and ¥33.17 million respectively, with Q3 showing the highest cash flow[23] Market Position and Strategy - The company has established stable supply relationships with over 50 major domestic manufacturers and is actively exploring new markets in rail transport, petroleum, and military sectors[30] - The company is focusing on the development of pipeline systems for new energy vehicles, indicating a strategic shift towards sustainable automotive solutions[30] - The automotive industry in China saw a production and sales increase of 3.4% and 3.8% respectively in 2021, ending a three-year decline[32] - The sales of new energy vehicles in China reached 3.52 million units in 2021, a year-on-year growth of 157.5%, with a market share of 13.4%[33] - The company is positioned as a major supplier of automotive hoses, meeting the National VI emission standards, and is expanding its product offerings to include specialized applications[31] - The automotive hose industry is experiencing growth due to increasing demand and advancements in technology, providing opportunities for market expansion[35] Research and Development - The company has accumulated 87 national authorized patents, including 14 invention patents, demonstrating its strong R&D capabilities in automotive hose technology[46] - The company emphasizes technological innovation and has a robust R&D system to adapt to market demands and enhance its core competitiveness[46] - Research and development investment reached ¥32,172,363.28, up from ¥24,814,354.80, marking an increase of ¥7,358,000[54] - The company is currently developing a high-performance PTFE fuel pipe to enhance product performance and meet market demands[70] - The development of a new type of environmentally friendly automotive air conditioning system is underway, aiming to comply with national environmental standards[70] - The company has completed the development of a dual-layer composite hose that meets national VI emission standards, contributing to significant revenue generation[70] Operational Efficiency - The company employs a centralized procurement model to ensure quality and cost-effectiveness in its supply chain management[38] - The company has implemented a strict cost control system across procurement, development, manufacturing, and logistics to improve efficiency[49] - The company is focusing on integrated supply solutions for electric vehicles, leveraging over 40 years of experience in the automotive hose industry[52] - The company is accelerating the construction of traditional and new energy vehicle component manufacturing projects to address current market order challenges[56] Environmental and Social Responsibility - The company emitted 0.6403 tons of particulate matter and 3.0732 tons of sulfur dioxide in total annual emissions, both within regulatory limits[138] - The company has implemented a closed-loop system for cleaning wastewater, ensuring no external discharge and maintaining environmental standards[139] - The company has invested in advanced pollution control technologies, including a dust removal system and dual alkali desulfurization[139] - The company has received no administrative penalties related to environmental issues during the reporting period, demonstrating compliance with environmental regulations[139] Governance and Compliance - The company maintains a robust internal control system and complies with relevant laws and regulations to enhance governance standards[97] - The company has established a dedicated investor relations management system to ensure timely and accurate information disclosure to all shareholders[96] - The company ensures equal rights for all shareholders, particularly minority shareholders, and adheres to regulations regarding the conduct of shareholder meetings[94] - The company has implemented a transparent performance evaluation and incentive mechanism for its board members and senior management to drive progress towards strategic goals[96] Future Outlook - Future guidance indicates a projected revenue growth of 15% for the next fiscal year, aiming for approximately 25.7 billion in total revenue[104] - The company plans to expand its market presence and invest in new product development to enhance competitiveness in the industry[105] - The management emphasized the importance of sustainability and eco-friendly practices in their operational strategies moving forward[108]

Financial Performance - The company's operating revenue for Q1 2022 was ¥192,566,821.09, representing an increase of 11.22% compared to ¥173,144,734.55 in the same period last year[3]. - The net profit attributable to shareholders was ¥21,051,055.49, a 2.81% increase from ¥20,475,726.68 year-on-year[3]. - Total operating revenue for the current period reached ¥192,566,821.09, an increase of 11.3% compared to ¥173,144,734.55 in the previous period[19]. - Net profit for the current period was ¥21,051,055.49, representing a 2.8% increase from ¥20,475,726.68 in the same period last year[20]. - Operating profit decreased slightly to ¥22,685,133.03 from ¥23,175,879.02, reflecting a decline of 2.1%[19]. - Basic earnings per share increased to ¥0.0971, reflecting a growth of 2.86% from ¥0.0944 in the same period last year[3]. - Basic earnings per share increased to ¥0.0971 from ¥0.0944, reflecting a growth of 2.9%[20]. Cash Flow and Investments - The net cash flow from operating activities surged to ¥25,255,437.02, marking a significant increase of 1,951.25% compared to ¥1,231,220.64 in the previous year[3]. - The net cash increase in cash and cash equivalents was -¥70,731,737.14, a 123.16% decrease compared to -¥31,696,191.49 in the previous year, mainly due to reduced cash flow from investment activities[10]. - Cash and cash equivalents at the end of the period totaled ¥144,433,439.56, down from ¥173,375,919.46 at the end of the previous period[24]. - The company experienced a net cash outflow from investing activities of ¥95,987,174.16, compared to a net outflow of ¥32,927,412.13 in the previous period[24]. - Cash outflow for investment activities totaled ¥96,007,951.39, a 191.57% increase compared to ¥32,927,412.13 in the previous year, primarily due to investments in traditional and new energy vehicle components[9]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥1,144,764,984.58, up 3.72% from ¥1,103,697,355.71 at the end of the previous year[3]. - The company's total assets as of March 31, 2022, amount to CNY 1,144,764,984.58, an increase from CNY 1,103,697,355.71 at the beginning of the year[16]. - Current assets total CNY 815,070,572.20, up from CNY 780,340,899.16 at the start of the year[16]. - The company's total liabilities are CNY 189,618,683.61, compared to CNY 169,557,748.52 at the beginning of the year[17]. - The total equity attributable to the parent company is CNY 955,146,300.97, an increase from CNY 934,139,607.19[17]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 13,236[12]. - The largest shareholder, Wen Jianshu, holds 11.18% of the shares, totaling 24,255,896 shares[12]. Expenses - Research and development expenses were ¥7,581,325.91, slightly up from ¥7,176,741.74 in the prior period[19]. - The company reported a decrease in sales expenses to ¥3,068,260.30 from ¥13,914,920.57, indicating a reduction of 78%[19]. Other Financial Metrics - The weighted average return on equity decreased to 1.87%, down by 0.40% from 2.27% year-on-year[3]. - The company reported a significant increase in prepayments, which rose by 109.11% to ¥28,594,678.19 due to increased advance payments for raw materials[7]. - The company received government subsidies amounting to ¥998,303.77 during the reporting period, which are closely related to its normal business operations[5]. - The company reported a total of CNY 2,790,391.46 in deferred income, down from CNY 3,103,641.63[17]. - Accounts receivable decreased to CNY 182,827,704.31 from CNY 202,975,553.15[15]. - Inventory increased to CNY 237,544,471.19 from CNY 215,460,278.95[15].

四川川环科技股份有限公司 2021 年第三季度报告 证券代码：300547 证券简称：川环科技 公告编号：2021-049 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在 虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中 财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 四川川环科技股份有限公司 2021 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 重要内容提示: 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 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 161,829,456.96 | -9.16% | 534,108,054.71 | 20.58% ...

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 372,278,597.75, representing a 40.58% increase compared to CNY 264,814,521.74 in the same period last year[21]. - The net profit attributable to shareholders for the first half of 2021 was CNY 50,252,851.78, up 22.96% from CNY 40,869,088.37 in the previous year[21]. - The basic earnings per share for the first half of 2021 was CNY 0.2317, a 22.98% increase from CNY 0.1884 in the previous year[21]. - The main business revenue reached CNY 366,649,942.26, up 40.50% from CNY 260,965,204.05 in the previous year[33]. - Operating profit for the first half of 2021 was ¥55,806,429.19, up 17.8% from ¥47,388,953.05 in the first half of 2020[143]. - The total revenue from sales of goods and services was CNY 209,480,208.65, compared to CNY 165,559,439.79 in the same period last year, representing a growth of 26.5%[153]. Cash Flow and Investments - The net cash flow from operating activities increased by 19.68% to CNY 57,309,504.95, compared to CNY 47,885,947.52 in the same period last year[21]. - The net cash flow from operating activities for the first half of 2021 was CNY 57,309,504.95, an increase of 19.8% compared to CNY 47,885,947.52 in the same period of 2020[150]. - The company invested CNY 70,582,692.38 in fixed assets, intangible assets, and other long-term assets, a significant increase from CNY 2,415,899.68 in the previous year[154]. - The net cash flow from investment activities was -CNY 110,582,692.38, significantly higher than -CNY 2,411,899.68 in the first half of 2020, indicating increased investment expenditures[151]. - Cash flow from financing activities resulted in a net outflow of -CNY 60,143,093.20, consistent with the previous year's figure[151]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,044,554,283.49, a decrease of 1.91% from CNY 1,064,888,238.27 at the end of the previous year[21]. - Total liabilities decreased from CNY 175,656,675.34 to CNY 165,152,878.97, a reduction of about 5.6%[135]. - Current assets decreased from CNY 810,220,848.41 to CNY 737,701,412.09, representing a decrease of about 8.9%[134]. - Owner's equity decreased from CNY 889,231,562.93 to CNY 879,401,404.52, a decrease of about 1.0%[136]. - Cash and cash equivalents decreased from CNY 198,080,792.77 to CNY 80,011,978.29, a significant decline of approximately 59.7%[138]. Research and Development - Research and development expenses increased by 58.20% to CNY 16,728,996.52, compared to CNY 10,574,507.68 in the same period last year[34]. - The R&D center has undergone expansion, enhancing the company's innovation capabilities[81]. - The company has accumulated 69 national authorized patents, including 11 invention patents, enhancing its core competitiveness in the automotive industry[39]. Market and Competition - The company is focused on expanding its market presence and improving operational management amidst rapid growth[6]. - The company plans to expand into the rail transit, oil and gas, and military sectors, aiming for new breakthroughs in these fields[29]. - The automotive hose industry is closely linked to the automotive industry, with a projected growth opportunity in electric, intelligent, and lightweight vehicles[35]. - The company has established long-term stable partnerships with over 50 automotive manufacturers, including major brands like Changan and BYD, solidifying its market position[43]. Risks and Challenges - The company faces risks from global economic impacts, industry cyclicality, market competition, product quality, accounts receivable, and management[5][6]. - The company anticipates ongoing pressure on gross margins due to competitive pricing in the automotive market, prompting a focus on cost control and efficiency improvements[68]. - Management risks arise from rapid company expansion, leading to increased demands on operational and financial management, which the company aims to mitigate through team training and process optimization[69]. Environmental Compliance - The company is classified as a key pollutant discharge unit, with specific emissions monitored and controlled to comply with environmental standards[79]. - The company has implemented advanced pollution control technologies in its operations, including a new boiler system and wastewater recycling processes[80]. - There were no administrative penalties due to environmental issues during the reporting period, indicating compliance with regulations[83]. Shareholder Information - The company reported a total share count of 216,906,100, with 29,896,444 shares subject to restrictions, representing 13.78% of total shares[114]. - The largest shareholder, Wen Jianshu, holds 11.18% of the shares, amounting to 24,257,971 shares[119]. - The company has confirmed that there are no major changes in shareholder structure or significant shareholder transactions during the reporting period[116]. Financial Reporting and Governance - The half-year financial report has not been audited, which may impact the perception of financial reliability[92]. - The financial reports comply with the accounting standards and accurately reflect the company's financial position, operating results, and cash flows[177]. - The company has not engaged in any related party transactions during the reporting period, ensuring transparency and integrity in operations[96].

Revenue and Profit - Revenue for Q1 2021 reached ¥173,144,734.55, an increase of 58.21% compared to ¥109,439,622.93 in the same period last year[8] - Net profit attributable to shareholders was ¥20,475,726.68, up 33.47% from ¥15,340,611.55 year-on-year[8] - Net profit excluding non-recurring items was ¥20,234,419.91, representing a 64.54% increase from ¥12,297,560.51 in the previous year[8] - Basic earnings per share increased to ¥0.0944, a rise of 33.52% compared to ¥0.0707 in the same period last year[8] - In Q1 2021, the company achieved total operating revenue of CNY 173.14 million, an increase of 58.21% compared to the same period last year[25] - The net profit attributable to shareholders was CNY 20.48 million, reflecting a growth of 33.47% year-on-year[24] - The total comprehensive income for the period was ¥20,475,726.68, up from ¥15,340,611.55, indicating a growth of 33.5%[58] Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 87.64% to ¥1,231,220.64 from ¥9,960,733.99 year-on-year[8] - Cash inflow from operating activities totaled CNY 120.02 million, a 30.89% increase compared to CNY 91.69 million in the same period last year[24] - The cash outflow from operating activities was CNY 118.79 million, an increase of 45.34% from CNY 81.73 million in the previous year[24] - The cash flow from operating activities generated a net amount of ¥1,231,220.64, a decrease from ¥9,960,733.99 in the previous period[62] - The total cash and cash equivalents at the end of the period were ¥173,375,919.46, down from ¥205,072,110.95 at the beginning of the period[63] - The ending balance of cash and cash equivalents was ¥165,601,311.02, compared to ¥158,984,034.80 in the previous period[66] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,073,663,139.64, a slight increase of 0.82% from ¥1,064,888,238.27 at the end of the previous year[8] - The company's current assets decreased to CNY 791,626,761.07 from CNY 810,220,848.41 at the end of 2020, reflecting a decline of approximately 2.4%[44] - The company's total liabilities decreased to CNY 162,773,965.00 from CNY 175,656,675.34, a reduction of about 7.3%[46] - The total equity remained stable at CNY 910,889,174.64, with no significant changes reported[46] Operating Costs and Expenses - Total operating costs amounted to CNY 152,246,261.55, reflecting a 56.15% increase from CNY 97,499,137.94 year-on-year, primarily due to increased revenue[21] - Gross profit margin improved, with operating costs at CNY 124,128,637.05, up 53.63% from CNY 80,795,051.04, driven by higher sales[21] - Sales expenses surged by 119.20% to CNY 13,914,920.57 from CNY 6,348,086.25, driven by increased sales personnel costs and logistics expenses[21] - Tax and additional charges increased by 139.60% to CNY 1,441,517.06 from CNY 601,627.59, due to higher value-added tax and property taxes[21] Research and Development - Research and development expenses rose to CNY 7.18 million, marking an increase of 48.29% from CNY 4.84 million in the previous year[22] - The company is committed to increasing R&D investment to innovate and improve product quality in response to market pressures[30] - The company incurred research and development expenses of ¥5,420,511.05, an increase from ¥3,751,707.14, highlighting a focus on innovation[57] Market Strategy and Outlook - The company is focusing on expanding its market presence and enhancing product offerings through ongoing research and development initiatives[19] - Future outlook remains positive with expectations of continued revenue growth and strategic investments in technology and market expansion[19] - The company aims to expand its market share in the new energy vehicle component sector while enhancing product quality and innovation[26] Risks and Challenges - The company faces risks from declining sales prices due to intensified competition in the automotive market, which may lead to a decrease in gross margin[30] - Accounts receivable risk is present due to the increasing sales revenue and customer base, prompting the company to strengthen management and monitoring of receivables[33] - The company acknowledges the ongoing rise in labor costs as a risk factor and is focused on improving production efficiency to counteract this[31] Miscellaneous - The company received government subsidies amounting to ¥557,755.36 during the reporting period[9] - The total number of ordinary shareholders at the end of the reporting period was 16,968[12] - The first quarter report was not audited[68]

Financial Performance - The company's operating revenue for 2020 was CNY 677,467,554.58, representing a 17.50% increase compared to CNY 576,570,899.55 in 2019[18]. - The net profit attributable to shareholders for 2020 was CNY 112,784,928.57, a slight increase of 0.25% from CNY 112,506,592.41 in the previous year[18]. - The net profit after deducting non-recurring gains and losses increased by 41.40% to CNY 103,274,660.09 from CNY 73,034,860.15 in 2019[18]. - The net cash flow from operating activities surged by 147.40% to CNY 115,665,476.97, compared to CNY 46,753,294.60 in 2019[18]. - The total assets at the end of 2020 reached CNY 1,064,888,238.27, marking a 9.36% increase from CNY 973,726,031.40 at the end of 2019[18]. - The net assets attributable to shareholders increased by 6.30% to CNY 889,231,562.93 from CNY 836,529,644.55 in 2019[18]. - The basic earnings per share for 2020 were CNY 0.5200, reflecting a decrease of 19.13% from CNY 0.6430 in 2019[18]. - The weighted average return on equity for 2020 was 13.07%, down from 13.95% in the previous year[18]. Revenue Breakdown - The company's total revenue for 2020 was CNY 677,467,554.58, an increase of 17.50% compared to the previous year[33]. - The operating profit for 2020 was CNY 129,855,919.20, up 18.49% from the previous year[33]. - The main business revenue for 2020 reached CNY 674,160,308.00, representing a 17.75% increase from CNY 572,536,629.42 in 2019[33]. - The automotive fuel system hose segment generated CNY 202,831,693.96, accounting for 29.94% of total revenue, with a growth of 14.09%[53]. - The automotive cooling system hose segment saw revenue of CNY 383,188,677.67, representing 56.56% of total revenue, with a 26.05% increase[53]. Cash Dividends - The company plans to distribute a cash dividend of CNY 2.77 per 10 shares, based on a total of 216,906,174 shares[6]. - A cash dividend of CNY 2.77 per 10 shares was approved, totaling CNY 60,083,010.20 distributed to shareholders[100]. - The cash dividend represents 53.27% of the net profit attributable to shareholders for 2020[106]. - The cash dividend policy aligns with the company's articles of association and has been approved by the board of directors[100]. - The company has maintained a consistent cash dividend distribution over the past three years, with similar amounts in 2019 and 2018[106]. Research and Development - The company has accumulated 66 national authorized patents, including 10 invention patents, showcasing its strong R&D capabilities[40]. - Research and development expenses increased by 11.29% to ¥24,814,354.80, reflecting the company's commitment to innovation[60]. - The company invested ¥24,814,354.80 in R&D, which is 3.66% of total operating income for the year[61]. - The company successfully developed a new high-temperature multifunctional nano-structured polymer, aimed at applications in automotive and aerospace industries[62]. - The company has established a dedicated R&D team focused on new energy vehicle hose technology, collaborating with major domestic manufacturers such as Wuling, NIO, and BYD[88]. Market Expansion and Strategy - The company plans to expand into new sectors such as rail transportation and military products, aiming for breakthroughs in these areas[29]. - The company is actively expanding into new markets such as rail transportation, petrochemicals, aviation, and shipping[41]. - The company aims to strengthen its presence in the high-end automotive market, responding to the rapid growth of luxury passenger vehicles in China[87]. - The company is exploring potential mergers and acquisitions to enhance its competitive edge in the industry[171]. Operational Risks and Challenges - The company faces risks related to industry cyclicality, market competition, product quality, accounts receivable, and management as it expands rapidly[4][5]. - The company faces risks from macroeconomic changes and price competition, which may impact its profitability and market position[90][91]. - The company is enhancing its management capabilities through training and the introduction of professional teams to address operational risks associated with rapid expansion[94]. Corporate Governance and Compliance - The company has established a robust internal control system and governance structure, ensuring timely and accurate information disclosure to all shareholders[136]. - The company has maintained compliance with its commitments, with no non-operating fund occupation by controlling shareholders during the reporting period[110]. - The company has a clear asset ownership structure, ensuring no asset occupation by the controlling shareholder or related parties[194]. - The independent directors actively participated in board meetings, with attendance rates reflecting their commitment to governance[198]. Environmental and Social Responsibility - The company has invested in environmental protection measures, including a 25-ton steam boiler that meets environmental standards and utilizes advanced pollution control technologies[141]. - The company donated 1 million RMB to the Dazhu County Civil Affairs Bureau and organized employee donations exceeding 100,000 RMB in response to the COVID-19 pandemic[138]. - The company has implemented an emergency response plan for environmental incidents, which was revised in 2017 and includes detailed risk analysis and response measures[147]. Employee Management and Welfare - The total number of employees in the company is 1,807, with 1,242 in the parent company and 565 in major subsidiaries[183]. - The company has a competitive salary policy that adjusts based on operational performance and local price indices[184]. - The company emphasizes employee training and has established a comprehensive training system to enhance skills and knowledge[185]. - The company has a performance-based salary system for frontline production staff, focusing on task completion, product quality, and energy conservation[184].

2020 年 10 月 四川川环科技股份有限公司 2020 年第三季度报告 1 四川川环科技股份有限公司 四川川环科技股份有限公司 2020 年第三季度报告 2020年第三季度报告 | | | | 第一节 | 重要提示……………………………………………………………3 | | --- | --- | | 第二节 | 公司基本情况………………………………………………………4 | | 第三节 | 重要事项……………………………………………………………10 | | 第四节 | 财务报表……………………………………………………………13 | 2 四川川环科技股份有限公司 2020 年第三季度报告 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。 公司负责人文琦超、主管会计工作负责人罗英及会计机构负责人(会计 主管人员)刘亚丽声明：保证季度报告中财务报表的真实、准确、完整。 3 四川川环科技股份有限公司 2020 年第三季度报告 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 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 264,814,521.74, representing a 9.01% increase compared to CNY 242,921,930.96 in the same period last year[19]. - The net profit attributable to shareholders of the listed company decreased by 25.96% to CNY 40,869,088.37 from CNY 55,200,174.93 in the previous year[19]. - The net profit after deducting non-recurring gains and losses increased by 12.08% to CNY 37,334,204.53 compared to CNY 33,309,308.49 in the same period last year[19]. - The total profit for the period was CNY 46.20 million, a decrease of 25.59% from CNY 62.08 million year-on-year[43]. - The company’s basic earnings per share decreased to CNY 0.1884, a decline of 25.97% compared to CNY 0.2545 in the same period last year[43]. - The company’s operating costs rose to CNY 185.58 million, an increase of 8.46% from CNY 171.10 million year-on-year, primarily due to increased revenue[46]. - The company reported a significant increase in asset impairment losses, with a rise of 308.51% to CNY -3,884,673.35, mainly due to increased inventory write-downs[49]. Cash Flow and Assets - The net cash flow from operating activities was CNY 47,885,947.52, up 28.04% from CNY 37,400,407.49 in the previous year[19]. - The total assets at the end of the reporting period were CNY 983,387,330.73, a 0.99% increase from CNY 973,726,031.40 at the end of the previous year[19]. - The company’s cash flow from operating activities was CNY 191,565,148.52, compared to CNY 174,429,288.60 in the first half of 2019[147]. - The cash flow from investment activities showed a net outflow of ¥2,411,899.68, a significant decrease from a net inflow of ¥11,994,040.62 in the previous year[149]. - Cash flow from financing activities resulted in a net outflow of ¥60,143,093.20, compared to a larger outflow of ¥105,984,165.87 in the same period last year[149]. - The ending balance of cash and cash equivalents was ¥146,587,006.92, down from ¥155,655,034.03 at the end of the previous year[149]. Market and Product Development - The company is increasing product development efforts in the rail transit, oil and gas, and shipbuilding sectors, signing framework agreements with key industry players[25]. - The company aims to expand into rail transit, petroleum, petrochemical, and military products, achieving preliminary results in these areas[30]. - The company offers a wide range of automotive hose products, including fuel systems, cooling systems, and brake system hoses, meeting the National VI emission standards[27]. - The company has established stable supply relationships with over 50 domestic main engine manufacturers and more than 200 secondary suppliers[25]. - The company has a strong brand presence, recognized as one of the top ten enterprises in the automotive hose industry, enhancing its competitive edge[33]. Research and Development - The company has obtained a total of 55 national authorized patents, including 9 invention patents, showcasing its strong R&D capabilities[32]. - The company’s R&D investment focuses on safety, energy-saving, and environmental technologies, ensuring product quality and innovation[32]. - Research and development investment increased to CNY 10.57 million, a 6.42% rise from CNY 9.94 million in the previous year[46]. Risks and Challenges - The company faces risks from macroeconomic changes, including potential impacts from national policies and the global COVID-19 pandemic[61][62]. - The company is experiencing operational management risks due to rapid expansion, prompting measures such as enhanced training for the management team and the introduction of a professional technical team to optimize internal management systems[64]. - The company plans to enhance cost control and improve production efficiency to mitigate risks from price reductions and rising costs[63]. Shareholder and Equity Information - The company reported a total share count of 216,906,100 shares, with a 1.00% change in total shares[103]. - The largest shareholder, Wen Mutong, holds 16.59% of the shares, totaling 35,979,142 shares[110]. - The company distributed a cash dividend of RMB 2.77 per 10 shares to all shareholders, based on a total share capital of 216,906,174 shares[168]. - The company has a strategic focus on expanding its market presence and enhancing shareholder value through potential mergers and acquisitions[110]. Environmental and Social Responsibility - The company confirmed that it is a key pollutant discharge unit as per environmental protection department regulations[92]. - The company has a 25-ton steam boiler that meets environmental and energy-saving standards, officially put into use in September 2017[93]. - The company has implemented an environmental monitoring plan, with third-party monitoring confirming compliance with standards[96]. - The company has a plan for poverty alleviation, although specific metrics and outcomes were not disclosed in the report[98]. Legal and Compliance - The company is involved in several significant litigation matters, with amounts in dispute including 268,000 yuan and 311,000 yuan, among others, but these have not yet reached payment deadlines[73]. - The company has not reported any non-standard audit reports for the previous year, reflecting compliance with financial reporting standards[71]. - The half-year financial report has not been audited, which may affect the reliability of the financial data presented[70]. Corporate Governance - The company has not engaged in any investor communication activities during the reporting period, suggesting a focus on internal management and operations[65]. - The company did not implement any equity incentive plans or employee stock ownership plans during the reporting period[79]. - The company has not reported any changes in major subsidiaries or significant events during the reporting period[100].