恒力石化股份有限公司 公司代码：600346 公司简称：恒力石化 恒力石化股份有限公司 2020 年半年度报告 1 / 173 恒力石化股份有限公司 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人范红卫、主管会计工作负责人刘雪芬及会计机构负责人（会计主管人员）郑敏遐 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用□不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，请投 资者对此保持足够的风险认识，并且应当理解计划、预测与承诺之间的差异。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 重大风险提示 报告期内，公司不存在对生产经营产生实质性影响的特别重大风险。 十、 其他 □适用 √不适用 2 / 17 ...

Financial Performance - The company reported a cumulative net profit of 567.81 million RMB for 2019, exceeding the performance commitment by 238.55%[12]. - The company reported a total revenue of 10 billion RMB for the fiscal year 2019, representing a year-over-year increase of 15%[17]. - The gross profit margin for the year was 25%, indicating a stable profitability despite market fluctuations[17]. - The company achieved a net cash flow from operating activities of RMB 1,693,697.42 million, a 309.95% increase compared to the previous year[25]. - The net profit attributable to shareholders was RMB 1,002,517.91 million, a significant increase of 201.73% from the previous year[25]. - The company’s diluted earnings per share for 2019 was RMB 1.44, a 200% increase from RMB 0.48 in 2018[26]. - The company achieved a revenue of CNY 100.78 billion in 2019, representing a year-on-year growth of 67.78%[53]. - The net profit attributable to shareholders reached CNY 10.03 billion, a significant increase of 201.73% compared to the previous year[53]. Strategic Initiatives - The company is advancing several new capacity projects, including a 1.5 million tons/year ethylene project and a 5 million tons/year PTA project, aiming for a comprehensive industry chain integration[4]. - The company is focusing on innovation and quality, aiming to expand its polyester industry scale and implement differentiated product development[4]. - The company emphasizes a strategic layout from "a drop of oil" to "a strand of silk," aiming for a fully integrated business model[4]. - The company is actively pursuing digital transformation and smart upgrades in its management practices to enhance operational efficiency[3]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2022[17]. - The company aims for a revenue growth target of 10% for 2020, driven by increased demand in the textile sector[17]. - The company is exploring partnerships with international firms to enhance its supply chain efficiency and reduce operational costs[17]. Operational Efficiency - The company completed the construction of a 20 million tons/year refining integration project, enhancing operational efficiency and cost optimization[3]. - The EBITDA margin for the year was reported at 18%, reflecting effective cost management strategies[17]. - The company has maintained a high capacity utilization rate across its production lines, ensuring stable profitability despite external market pressures[44]. - The integration of the entire industrial chain from crude oil to polyester has allowed the company to optimize costs and enhance profitability, securing a competitive edge in the industry[44]. - The company is focused on continuous improvement in operational efficiency and market responsiveness, contributing to significant revenue growth and improved profitability[46]. Research and Development - The company has allocated 200 million RMB for research and development in new technologies for sustainable production processes[17]. - The company has established a high-level R&D platform and an international R&D team, leading to a stable supply of mid- to high-end customer resources and a series of differentiated, functional products[39]. - The company’s R&D expenses increased by 14.88% to CNY 958.35 million, reflecting a commitment to innovation[55]. - The company launched 21 differentiated fiber products, increasing the product differentiation rate by 5 percentage points[49]. - The company is focusing on developing high-performance and differentiated fibers to enhance product value and competitiveness[95]. Market Position and Expansion - The company is positioned in the mid-to-high-end market, producing a variety of polyester products widely used in textiles and packaging[34]. - The company has established over 2.8 million tons of high-end polyester production capacity, with plans to increase this to over 4 million tons, reinforcing its competitive advantage in the market[48]. - The company is the largest single PTA production base globally with a current capacity of 6.6 million tons per year, which will increase to 11.6 million tons per year after the completion of two new projects[74]. - The company ranks among the top five in civil polyester filament capacity and third in industrial filament capacity in China[74]. - The company is committed to expanding its market presence and enhancing its product structure to capture future growth opportunities in both domestic and international markets[45]. Environmental Commitment - The company has committed to enhancing its environmental measures and increasing investments in compliance with stricter regulations[104]. - The company emphasizes its commitment to environmental protection by adhering to relevant laws and regulations, including the Environmental Protection Law of the People's Republic of China[136]. - The company has implemented rigorous monitoring through third-party environmental testing firms to ensure compliance with pollution discharge standards[138]. - The company achieved a sulfur dioxide emission of 19.366 tons/year, well below the regulatory limit of 269.539 tons/year[140]. - The company has no exceedance in noise, wastewater, or air emissions, reflecting a strong commitment to environmental regulations[139]. Shareholder and Governance - The proposed profit distribution plan for 2019 includes a cash dividend of 4.00 RMB per 10 shares, subject to shareholder approval[9]. - The company has established strict operational standards to address environmental and safety risks, although complete elimination of such risks is not guaranteed[104]. - The company has appointed Zhonghui Certified Public Accountants (Special General Partnership) as the new auditor for the 2019 financial report, replacing Ruihua Certified Public Accountants (Special General Partnership) after a tenure of 3 years[114]. - The company has established a governance structure in compliance with relevant laws and regulations to protect shareholder rights[196]. - The total number of ordinary shares increased to 7,039,099,786 after a capital reserve conversion of 1,986,309,861 shares[159].

2019 年第三季度报告 公司代码：600346 公司简称：恒力石化 债券代码：155749 债券简称：19 恒力 01 恒力石化股份有限公司 2019 年第三季度报告 1 / 30 2019 年第三季度报告 一、 重要提示 二、 公司基本情况 11[ 重要事项 四、 附录 目录 2 / 30 2019 年第三季度报告 单位：万元 币种：人民币 一、 重要提示 1.1 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。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人范红卫、主管会计工作负责人刘雪芬及会计机构负责人（会计主管人员）郑敏遐 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------------------|-------------- ...

2018 年第三季度报告 公司代码：600346 公司简称：恒力股份 恒力石化股份有限公司 2018 年第三季度报告 1 / 26 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 11 | 2018 年第三季度报告 一、 重要提示 1.1 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。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人范红卫、主管会计工作负责人刘雪芬及会计机构负责人（会计主管人员）郑敏遐 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | | 本报告期末比上 | | --- | --- | --- | --- | --- | | | | 调整后 | 调整前 | 年度末增减(%) | | 总 ...

恒力石化股份有限公司 重要内容提示： 1、2018 年前三季度，预计实现归属于上市公司股东的净利润为 363,000 万元左 右，将增加 252,812 万元左右，同比增加 229%左右。 2、扣除非经常性损益后，公司预计 2018 年前三季度实现归属于上市公司股东 的净利润约为 321,000 万元左右，将增加 216,941 万元左右，同比增加 208%左右。 一、本期业绩预告情况 2018年前三季度业绩预增公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 恒力石化股份有限公司 证券代码：600346 证券简称：恒力股份 公告编号：2018-083 （一）业绩预告期间 2018 年 1 月 1 日至 2018 年 9 月 30 日。 （二）业绩预告情况 1、经公司财务部门初步测算，2018 年前三季度预计实现归属于上市公司股东的 净利润为 363,000 万元左右，与上年同期（法定披露数据）相比，将增加 252,812 万元左右，同比增加 229%左右。 2、2018 年前三季度预计实现归属于上市公司股东的扣除非 ...