南京寒锐钴业股份有限公司 2017 年第三季度报告全文 南京寒锐钴业股份有限公司 2017 年第三季度报告 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。 公司负责人梁建坤、主管会计工作负责人崔岩及会计机构负责人(会计主 管人员)崔岩声明：保证季度报告中财务报表的真实、准确、完整。 2 南京寒锐钴业股份有限公司 2017 年第三季度报告全文 公告编号：2017-073 2017 年 10 月 1 南京寒锐钴业股份有限公司 2017 年第三季度报告全文 第一节 重要提示 南京寒锐钴业股份有限公司 2017 年第三季度报告全文 □ 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） | 1,606,407,329.84 | 803,455,089.26 | | 99.94% | | 归属于上市公司股东的净资产 | 991,768,789.84 | 37 ...

Financial Performance - Total revenue for the first half of 2017 was RMB 493,545,502.60, an increase of 28.53% compared to RMB 383,989,365.08 in the same period last year[18]. - Net profit attributable to shareholders was RMB 135,943,950.92, representing a significant increase of 660.81% from RMB 17,868,404.06 in the previous year[18]. - Basic earnings per share rose to RMB 1.29, up 545.00% from RMB 0.20 in the same period last year[18]. - The company achieved operating revenue of CNY 493.55 million, a year-on-year increase of 28.53%[44]. - The net profit attributable to the parent company reached CNY 135.94 million, a significant year-on-year growth of 660.81%[39]. - Cobalt powder sales revenue increased by 76.89%, while electrolytic copper sales revenue rose by 64.76%[39]. - The company forecasts a cumulative net profit for the year to be between CNY 300.13 million and CNY 695 million, representing a growth of 665% to 695% compared to the previous year[70]. - Basic earnings per share are expected to be between CNY 2.73 and CNY 2.84, indicating a growth of 520% to 545%[70]. - The company anticipates a net profit of approximately CNY 164.19 million for the period from July to September, reflecting an increase of 668% to 724% compared to the same period last year[70]. Assets and Liabilities - Total assets increased by 62.89% to RMB 1,308,713,225.01 from RMB 803,455,089.26 at the end of the previous year[18]. - Net assets attributable to shareholders grew by 121.52% to RMB 827,876,961.78 from RMB 373,726,705.14 at the end of the previous year[18]. - Cash and cash equivalents rose by CNY 74.08 million, a growth of 77.30%, primarily from public stock issuance and increased sales returns[30]. - Inventory increased by CNY 268.06 million, a growth of 100.42%, mainly due to inventory increases at subsidiaries[30]. - Accounts receivable decreased to ¥85.16 million, accounting for 6.51% of total assets, down 9.51% year-over-year, primarily due to reduced sales of cobalt concentrate and cobalt salts in Hong Kong[48]. - Inventory increased significantly to ¥534.99 million, making up 40.88% of total assets, an increase of 11.76% year-over-year, attributed to higher inventory levels at subsidiaries[48]. - Short-term borrowings decreased to ¥227.82 million, representing 17.41% of total assets, a decline of 19.05% year-over-year, mainly due to reduced loans following the issuance of new shares[49]. - Total liabilities amounted to CNY 480.84 million, up from CNY 429.73 million, indicating an increase of 11.9%[132]. Cash Flow - The company reported a net cash flow from operating activities of RMB -106,330,196.48, a decrease of 467.15% compared to RMB 28,961,089.35 in the same period last year[18]. - The net cash flow from operating activities was negative at CNY -106,330,196.48, compared to a positive CNY 28,961,089.35 in the previous period[146]. - Cash inflow from operating activities totaled 233,210,314.72 CNY, up from 205,044,077.74 CNY, reflecting a growth of approximately 13.4%[148]. - Cash outflow from operating activities increased to 400,951,648.52 CNY, compared to 157,081,253.61 CNY in the prior period, indicating a rise of about 155.5%[148]. - The net cash flow from investing activities was -197,454,388.77 CNY, worsening from -7,430,466.28 CNY year-over-year[150]. - Cash inflow from financing activities reached 534,586,807.61 CNY, a substantial increase from 138,009,303.83 CNY, representing a growth of approximately 287.5%[150]. - The net cash flow from financing activities was 423,280,257.39 CNY, compared to -48,585,886.10 CNY in the previous period, showing a significant turnaround[150]. Research and Development - The company has established a complete cobalt product industrial chain, enhancing its core business and profitability model[35]. - The company holds 6 authorized national invention patents and 5 utility model patents, reflecting its commitment to R&D and innovation in cobalt powder technology[34]. - The company’s R&D investment amounted to CNY 9.42 million, reflecting a 13.05% increase compared to the previous year[44]. - The company has made substantial progress in R&D, with multiple patents granted for new cobalt products and technologies[40]. - The company emphasizes the importance of continuous product innovation to maintain competitiveness in the cobalt market[72]. Market and Industry - During the reporting period, cobalt product prices significantly increased due to rising demand from lithium-ion battery materials and new energy vehicle batteries, leading to steady growth in production and sales volume[28]. - The company primarily engages in the research, production, and sales of cobalt powder and other cobalt products, forming a complete industrial chain from cobalt ore development to processing and sales[25]. - The company has a robust sales network covering major downstream industries, with offices in cities like Chengdu and Zhuzhou, and marketing networks in countries including Japan, South Korea, and the USA[27]. - The company faces risks related to fluctuations in cobalt and copper prices, which could significantly impact revenue and gross profit[71]. Corporate Governance and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[4]. - The company has not experienced any significant changes in project feasibility during the reporting period[58]. - There were no significant legal disputes or penalties reported during the period[84]. - The company confirms that there are no significant doubts regarding its ability to continue as a going concern for the next 12 months[180]. - The financial statements comply with the accounting standards set by the Ministry of Finance, reflecting the company's financial position as of June 30, 2017[182]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[5]. - The total number of shareholders at the end of the reporting period is 19,703[114]. - The largest shareholder, Liang Jie, holds 21.95% of shares, totaling 26,334,800 shares[114]. - The proportion of domestic natural person shareholders decreased from 63.88% to 47.91% after the share issuance[107]. - The company has a total of 90 million restricted shares held by major shareholders, with no changes in the number of restricted shares during the reporting period[109]. Capital Structure and Financing - The company completed a public offering of 30 million shares at a price of RMB 12.45 per share, raising a total of RMB 373.5 million, increasing its registered capital to RMB 120 million[175]. - The company has consistently engaged in capital increases to support growth, with the latest increase being RMB 200,000 from new and existing shareholders[171]. - The company has a history of consistent capital increases, reflecting strong investor confidence and financial health[163]. - The company underwent several capital increases, with the registered capital rising from RMB 3,240,000 to RMB 9,000,000 through multiple rounds of investment from new and existing shareholders[171].

Financial Performance - Total revenue for Q1 2017 reached CNY 231,383,680.90, representing a 119.25% increase compared to CNY 105,534,894.76 in the same period last year[7] - Net profit attributable to shareholders was CNY 49,722,230.82, a significant increase of 961.42% from CNY 4,684,503.60 year-on-year[7] - Basic earnings per share rose to CNY 0.55, marking a 1,000.00% increase from CNY 0.05 in the previous year[7] - The company reported a total revenue of CNY 231.38 million for Q1 2017, representing a year-on-year increase of 119.25%[20] - Net profit for the period reached CNY 49.72 million, a significant increase of 961.42% compared to the previous year[20] - The company reported a total comprehensive income of CNY 48,230,995.47 for the quarter, compared to CNY 3,425,540.13 in the same period last year[44] - The net profit for Q1 2017 was CNY 6,764,562.61, a significant recovery from a net loss of CNY 5,259,108.34 in the same period last year, marking a turnaround of over 228%[48] - Operating profit reached CNY 7,700,180.98, compared to an operating loss of CNY 6,526,640.04 in Q1 2016, indicating a positive shift in operational performance[48] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,196,184,240.42, up 48.88% from CNY 803,455,089.26 at the end of the previous year[7] - Cash and cash equivalents increased by 333.49% to CNY 415.47 million, primarily due to funds raised from the public offering of shares[19] - The company's total assets increased significantly, with a notable rise in capital reserves by 226.25% to CNY 438.92 million[19] - The total liabilities of the company are 445,981,493.74 yuan, up from 429,728,384.12 yuan at the beginning of the period[36] - The company's equity attributable to shareholders reached CNY 585,500,203.43, up from CNY 250,490,594.75, indicating enhanced shareholder value[40] Cash Flow - The company reported a net cash flow from operating activities of CNY -10,040,990.33, an improvement of 76.04% compared to CNY -41,912,258.97 in the previous year[7] - The company achieved a net cash flow from financing activities of CNY 352.75 million, an increase of 879.68% due to the public offering[20] - Cash flow from operating activities showed a net outflow of CNY 10,040,990.33, an improvement from a larger outflow of CNY 41,912,258.97 in the previous year[51] - The cash flow from financing activities showed a net inflow of CNY 352,748,706.81, compared to a smaller inflow of CNY 36,006,562.32 in the same period last year[52] - The net cash flow from financing activities was 379,325,949.30 CNY, compared to a negative 39,967,767.78 CNY in the previous year[56] Customer and Market Insights - The top five customers accounted for 65.10% of total sales, indicating a stable customer base[21] - The company highlighted risks related to price fluctuations of cobalt and copper, which could significantly impact revenue and gross profit[9] Future Plans and Innovations - Future expansion plans include the enhancement of cobalt powder production lines and the establishment of new electrolytic cobalt production capacity[9] - The company aims to improve operational efficiency and reduce costs through technological innovation and market expansion strategies[10] - The company introduced a new patent for a method of preparing high-purity cobalt carbonate, enhancing its intellectual property portfolio[21] Shareholder Information - As of the end of the reporting period, the total number of common shareholders was 25,103, with the top ten shareholders holding a combined 73.42% of shares[12] Investment and Projects - The total amount of funds raised in the current quarter is 32,560.9 million yuan, with a cumulative investment of 7,460.88 million yuan[26] - The cumulative investment amount for the cobalt powder production line upgrade and expansion project is 250.44 million yuan, achieving a progress rate of 1.42%[26] - The Congo Mite Mining Company's project for an annual production of 5,000 tons of electrolytic cobalt has a total investment of 18,964.8 million yuan, with a cumulative investment of 14,916.9 million yuan, representing 48.34% of the planned investment[26] Operational Costs - The company's gross profit margin improved, with operating costs rising by 72.57% to CNY 141.77 million, driven by increased sales volume[19] - The cost of goods sold for the quarter was CNY 141,774,782.85, compared to CNY 82,155,327.80 in the prior period, reflecting increased production costs[43] - The company incurred total operating expenses of CNY 12,345,223.35, up from CNY 8,510,413.67 in the previous year, reflecting increased operational costs[50] Audit and Compliance - The first quarter report was not audited, which may affect the reliability of the financial data presented[57] - There are no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[29][30]