证券代码：600392 证券简称：盛和资源 公告编号：临 2022-023 盛和资源控股股份有限公司 关于接待投资者调研情况的公告 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、完整性承担个别及连带责任。 一、投资者调研情况 盛和资源控股股份有限公司（以下简称"盛和资源"或"公司"）于近期和 市场投资者进行了电话调研交流活动，公司董事会秘书郭晓雷先生积极参与了本 次投资者调研会议并对投资者提出的问题进行了回复。 二、调研主要问题及回复情况 问题 1：公司今年经营规划情况？对稀土产品市场价格波动的看法？ 回复：公司于 2021 年初披露了《2021-2022 年经营发展规划》，公司目前 在按照这个经营规划目标组织生产经营。 受新能源汽车、风电、节能环保等下游产业快速发展影响，稀土主要产品市 场需求整体向好，行业的集中度也相对较高，有利于促进稀土行业的健康发展。 工信部 3 月初约谈了重点稀土企业，盛和资源是被约谈的三家企业之一。从通报 的约谈内容来看，工信部希望稀土主要产品价格能够保持理性，不要出现大幅波 动，确保产业链供应链的安全稳定，促进稀土产 ...

2021 年第三季度报告 单位：元 币种：人民币 1 / 12 证券代码：600392 证券简称：盛和资源 盛和资源控股股份有限公司 2021 年第三季度报告 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。 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 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）保证季度报告中财务 报表信息的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | --- | |------------------------------------------------|------------------|---------------------------------------|------------------|------------------- ...

2021 年半年度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2021 年半年度报告 1 / 172 2021 年半年度报告 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、 公司负责人胡泽松、主管会计工作负责人夏兰田及会计机构负责人（会计主管人员）李抗声 明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本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，敬请 投资者注意投资风险。 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、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细描述存在的风险，敬请查阅第三节管理 ...

Financial Performance - In 2020, the company's operating revenue reached ¥8,157,251,595.28, an increase of 17.21% compared to ¥6,959,518,488.42 in 2019[15]. - The net profit attributable to shareholders was ¥323,312,794.72, representing a significant increase of 218.44% from ¥101,531,719.79 in the previous year[15]. - The basic earnings per share for 2020 was ¥0.1845, up 218.65% from ¥0.0579 in 2019[16]. - The weighted average return on equity increased to 5.94% in 2020, up 4 percentage points from 1.94% in 2019[16]. - The company's net cash flow from operating activities was ¥332,725,932.40, a decrease of 48.57% compared to ¥646,944,068.89 in 2019[15]. - The total assets at the end of 2020 were ¥12,106,339,468.78, an increase of 28.12% from ¥9,449,491,978.89 at the end of 2019[15]. - The net assets attributable to shareholders increased by 43.37% to ¥7,567,353,351.18 at the end of 2020, compared to ¥5,278,090,726.83 at the end of 2019[15]. - The company reported non-recurring gains and losses totaling ¥251,641,329.91 in 2020, compared to ¥50,416,980.52 in 2019[19]. Dividend Policy - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares to all shareholders, excluding 2,340,497 shares held in the repurchase account[4]. - The proposed cash dividend for 2020 is RMB 0.50 per 10 shares (including tax), totaling RMB 87,641,328.50 (including tax), which represents 27.11% of the net profit attributable to ordinary shareholders in the consolidated financial statements[82]. - The company will not distribute cash dividends for the year 2020 due to significant funding needs for new and technical transformation projects[81]. - The company has not made any adjustments to its profit distribution policy during the reporting period, adhering to its shareholder return plan[80]. - The company's undistributed profits as of December 31, 2020, amounted to -RMB 23,356,318.78[81]. Audit and Compliance - The company has received a standard unqualified audit report from Xinyong Zhonghe Accounting Firm[3]. - The board of directors has ensured the accuracy and completeness of the annual report[2]. - The company has confirmed that all directors attended the board meeting[3]. - The company has not faced any issues with more than half of the directors being unable to guarantee the authenticity of the annual report[6]. - The internal control audit report issued by the accounting firm was a standard unqualified opinion, indicating no significant deficiencies in internal controls[192]. Business Operations and Strategy - The company has established a complete industrial chain in the rare earth business, covering mining, smelting, and deep processing[21]. - The company has a dual layout in both domestic and international markets for its rare earth and zirconium-titanium businesses[21]. - The company is constructing a new rare earth smelting and separation production base in Lianyungang, Jiangsu Province, while maintaining existing bases in Sichuan and Jiangxi[22]. - The company has established a diversified raw material supply channel for rare earths, including managing the Dechang Daluo rare earth mine and sales from the Mountain Pass rare earth mine in the U.S.[27]. - The company is actively expanding its zircon-titanium business with a new mineral processing base under construction in Lianyungang, Jiangsu Province[23]. - The company has formed a complete industrial chain from rare earth mining to deep processing, positioning itself among the industry leaders in China[28]. - The company emphasizes continuous innovation in processing technology, having received provincial-level awards for its unique production methods[29]. Market and Revenue Growth - Domestic revenue accounted for CNY 7,293,593,087.86, with a year-on-year increase of 11.63%[40]. - The international revenue reached CNY 391,504,535.07, with a year-on-year increase of 16.63%[40]. - The company plans to achieve an annual revenue target of ¥9 billion in 2021, with significant profit growth expected compared to 2020[70]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of $30 million earmarked for potential targets[164]. Environmental and Social Responsibility - The company has committed to pollution prevention and has established necessary environmental protection facilities to comply with national regulations[74]. - The company reported no instances of exceeding pollution discharge limits for waste gas, wastewater, noise, and solid hazardous waste in 2020[125]. - The company donated RMB 220,000 to support COVID-19 prevention efforts and contributed RMB 40,000 to a special education school in Leshan[117]. - The total investment in poverty alleviation funds amounted to RMB 23.06 million, with RMB 10,000 allocated to improving educational resources in impoverished areas[119]. - The company plans to continue its poverty alleviation efforts in accordance with national policies[120]. Governance and Management - The company has established a comprehensive governance structure to protect the rights of all shareholders, particularly minority shareholders[121]. - The company emphasizes the importance of performance-based remuneration linked to job contributions[180]. - The board of directors has established a salary management system linked to performance, with annual salaries composed of base and performance pay[191]. - The company actively promotes compliance with governance regulations, enhancing internal control and governance structures[183]. - The company’s independent directors attended all board meetings, demonstrating active participation in governance[184]. Legal Matters - The company faced significant litigation involving a total amount of RMB 2,008,165.92 related to a worker's compensation case[93]. - The company has a claim of RMB 8,591,525.16 against Henan Luohe Xingmao Titanium Industry, which is currently undergoing bankruptcy proceedings[94]. - The company has initiated legal proceedings against Ningbo Leili for unpaid debts totaling 902.5 million RMB, with a mediation agreement reached for the remaining payments[95]. Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 71,449, a decrease from 154,823 in the previous month[155]. - The largest shareholder, China Geological Survey Institute, held 246,382,218 shares, representing 14.04% of total shares[155]. - The controlling shareholder is the China Geological Survey Institute, which focuses on the comprehensive utilization of mineral resources[157]. - The actual controller of the company is the Ministry of Finance of the People's Republic of China, with no changes during the reporting period[159].

Financial Performance - Net profit attributable to shareholders surged by 2,787.37% to CNY 310,680,527.88 from CNY 10,759,975.70 in the same period last year[4] - Operating revenue rose by 32.30% to CNY 2,351,620,846.99 compared to CNY 1,777,544,063.30 in the previous year[4] - Basic earnings per share reached CNY 0.1792, up 2,837.70% from CNY 0.0061[4] - Net profit surged by 1,693.30% to ¥320,660,442.72, reflecting significant growth in product sales gross margin[7] - Total operating revenue for Q1 2021 was approximately $2.35 billion, a 32.3% increase from $1.78 billion in Q1 2020[15] - Net profit for Q1 2021 reached approximately $320.66 million, compared to $17.88 million in Q1 2020, representing a significant increase[16] - The company reported a total profit of approximately $376.73 million for Q1 2021, compared to $28.70 million in Q1 2020[16] Assets and Liabilities - Total assets increased by 9.81% to CNY 13,294,495,518.39 compared to the end of the previous year[4] - Total assets increased to ¥13,294,495,518.39, up from ¥12,106,339,468.78 at the beginning of the period[11] - Total liabilities rose to ¥885,426,722.23 in Q1 2021, up from ¥799,133,777.38 in Q4 2020, indicating an increase of about 10.4%[14] - Owner's equity totaled ¥5,975,285,339.69 as of March 31, 2021, slightly up from ¥5,971,863,025.37 at the end of 2020, showing a marginal increase of 0.06%[14] Cash Flow - Net cash flow from operating activities was negative at CNY -280,322,441.33, worsening from CNY -133,714,649.44 in the previous year[4] - Cash flow from operating activities showed a net outflow of ¥280,322,441.33, worsened by increased procurement payments due to rising raw material prices[8] - Total cash inflow from operating activities was 2,440,649,391.22 RMB, up from 1,447,032,230.80 RMB in the same period last year, reflecting a growth of approximately 68.6%[21] - Cash outflow from operating activities increased to 2,720,971,832.55 RMB, compared to 1,580,746,880.24 RMB in Q1 2020, representing a rise of about 72.2%[21] - The company reported a net cash flow from investing activities of 36,433,322.62 RMB, a significant improvement from -113,761,824.14 RMB in Q1 2020[21] - Cash inflow from financing activities totaled 1,234,469,943.83 RMB, compared to 492,013,383.85 RMB in the previous year, marking an increase of approximately 150.5%[22] Shareholder Information - The total number of shareholders was 154,823 at the end of the reporting period[6] - The largest shareholder, China Geological Survey Institute, holds 14.04% of the shares[6] Research and Development - Research and development expenses increased by 168.76% to ¥91,363,837.19 as the company intensified its R&D investments[7] - Research and development expenses increased to approximately $91.36 million in Q1 2021, up from $33.99 million in Q1 2020, indicating a focus on innovation[15] Inventory and Accounts Receivable - Accounts receivable increased by 21.01% to ¥2,254,256,977.80 due to expanded sales scale amid favorable rare earth market conditions[7] - Inventory rose by 9.38% to ¥3,024,976,285.42 driven by rising prices of rare earth raw materials[7] - Accounts receivable decreased to ¥12,990,014.41 in Q1 2021 from ¥65,837,909.14 in Q4 2020, a decline of about 80.3%[13] Other Information - The company has not disclosed any new product or technology developments in this report[4] - There are no significant mergers or acquisitions reported during this quarter[4]

Financial Performance - Net profit attributable to shareholders decreased by 42.90% to CNY 257,188,688.25 year-on-year[6] - Operating income for the first nine months was CNY 5,426,542,679.05, reflecting a 1.70% increase compared to the same period last year[6] - Basic earnings per share decreased by 42.88% to CNY 0.1467[6] - The company reported a significant decrease in net profit due to non-recurring losses and reduced operational efficiency[6] - The company reported a net loss of approximately $18.84 million in retained earnings, indicating challenges in profitability[33] Assets and Liabilities - Total assets increased by 7.56% to CNY 9,449,491,978.89 compared to the end of the previous year[6] - Total assets increased to CNY 10,163,403,447.75, up from CNY 9,449,491,978.89, representing a growth of approximately 7.5% year-over-year[17] - Current assets totaled CNY 7,385,672,520.56, compared to CNY 7,153,805,538.01, reflecting an increase of about 3.2%[15] - Non-current assets rose to CNY 2,777,730,927.19 from CNY 2,295,686,440.88, marking a significant increase of approximately 21%[15] - Total liabilities increased significantly, with long-term borrowings decreasing by 76.51% to CNY 35,000,000.00, while current liabilities surged by 355.38% to CNY 148,000,000.00[10] - Total liabilities amounted to CNY 4,428,960,609.32, an increase from CNY 3,970,550,510.14, indicating a growth of around 11.5%[16] - The company has a total of approximately $911.53 thousand in intangible assets, showcasing its investment in non-physical assets[32] Cash Flow - Net cash flow from operating activities dropped significantly by 91.98% to CNY 273,682,494.21[6] - Cash flow from operating activities decreased by 91.98% to CNY 21,948,966.94, primarily due to increased prepayments for rare earth concentrates[11] - The net cash flow from financing activities improved by 107.56% to CNY 22,275,878.32, indicating a significant reduction in net repayment of external financing compared to the previous year[11] - The net cash flow from operating activities for Q3 2020 was ¥21,948,966.94, a decrease of 92.0% compared to ¥273,682,494.21 in Q3 2019[26] - The net cash flow from investing activities was -¥25,892,398.26, an improvement from -¥116,563,088.00 in Q3 2019[27] Shareholder Information - The total number of shareholders at the end of the reporting period was 93,768[8] - The largest shareholder, China Geological Survey Institute, holds 14.04% of the shares[8] - Shareholders' equity reached CNY 5,734,442,838.43, up from CNY 5,478,941,468.75, which is an increase of about 4.7%[17] - The total equity attributable to shareholders of the parent company rose to CNY 5,490,867,164.21 from CNY 5,278,090,726.83, an increase of approximately 4%[16] Research and Development - Research and development expenses increased by 41.10% to CNY 163,916,479.96, reflecting higher spending on materials, labor, and energy[11] - Research and development expenses for Q3 2020 amounted to ¥64,864,212.91, a rise of 14.0% compared to ¥56,664,257.76 in Q3 2019[20] Income and Revenue - Non-operating income for the period amounted to CNY 31,732,221.16, with government subsidies contributing CNY 49,055,558.14[7] - Other income surged by 250.20% to CNY 68,670,082.73, attributed to increased government subsidies compared to the same period last year[11] - Investment income rose significantly by 1,168.05% to CNY 57,810,332.31, due to gains from the disposal of subsidiaries[11] - The company reported a significant increase in investment income of ¥56,362,736.65 in Q3 2020, compared to ¥4,280,419.49 in Q3 2019[21] Operational Efficiency - The weighted average return on equity decreased by 2.09 percentage points to 4.83%[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[20]

2020 年半年度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2020 年半年度报告 1 / 176 2020 年半年度报告 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、 未出席董事情况 未出席董事职务 未出席董事姓名 未出席董事的原因说明 被委托人姓名 董事 黄平 个人原因 无 三、 本半年度报告未经审计。 四、 公司负责人胡泽松、主管会计工作负责人夏兰田及会计机构负责人（会计主管人员）李抗声 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，敬请 投资者注意投资风险。 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 公司已在本报告中详细描述存在的风险，敬请查阅第四节经营情况讨论 ...

Financial Performance - The company reported a negative retained earnings of ¥18,844,212.14 as of December 31, 2019, and will not distribute cash dividends or increase capital reserves this year due to significant funding needs for new and upgraded projects in the next twelve months [3]. - In 2019, the company's operating revenue was approximately CNY 6.96 billion, an increase of 11.76% compared to CNY 6.23 billion in 2018 [14]. - The net profit attributable to shareholders was CNY 101.53 million, a decrease of 64.55% from CNY 286.44 million in 2018 [14]. - The basic earnings per share for 2019 was CNY 0.0579, down 64.52% from CNY 0.1632 in 2018 [15]. - The weighted average return on equity decreased to 1.94% in 2019, down 3.67 percentage points from 5.61% in 2018 [15]. - The total assets at the end of 2019 were CNY 9.45 billion, an increase of 7.48% from CNY 8.79 billion at the end of 2018 [14]. - The total liabilities increased by 16.49% to CNY 3.97 billion in 2019, compared to CNY 3.41 billion in 2018 [14]. - The net cash flow from operating activities for 2019 was CNY 646.94 million, a significant increase of 136.14% from CNY 273.97 million in 2018 [14]. - The company reported non-recurring gains of CNY 50.42 million in 2019, compared to CNY 9.19 million in 2018 [17]. - The company experienced a decline in gross margin due to fluctuations in market prices of main products, impacting net profit [15]. Audit and Compliance - The company has received a standard unqualified audit report from Xinyong Zhonghe Accounting Firm, ensuring the accuracy and completeness of the financial report [2]. - The board of directors and senior management have confirmed the authenticity and completeness of the annual report, taking legal responsibility for any misrepresentation or omissions [2]. - There are no instances of non-operational fund occupation by controlling shareholders or related parties, nor any violations in decision-making procedures for external guarantees [5]. - The company has not reported any significant operational changes or new strategies in the current report [5]. - The company has not disclosed any significant changes in its stock structure or shareholder situation in the report [6]. Risk Management - The company has outlined potential risks in its future development strategies, advising investors to be cautious [4]. - The company emphasizes the importance of reviewing the detailed risk descriptions provided in the operational discussion section of the report [5]. - The company faces risks from product price fluctuations, particularly for rare earth concentrates and beach sand minerals, which could significantly impact profitability [75]. - The company is exposed to global economic environment risks, particularly due to ongoing trade tensions between the US and China, which could adversely affect operations [76]. Operational Overview - The company primarily engages in rare earth mining, smelting separation, metal processing, and zircon-titanium mining, with key products including rare earth concentrates, oxides, salts, metals, and catalysts [19]. - The company has established a complete industrial chain for rare earths, from mining to deep processing, and has a dual layout in both domestic and international markets [19]. - The company has a stable supply channel for rare earth concentrates through its management of the Dechang Dalu槽 rare earth mine and partnerships with overseas mines, ensuring raw material security for downstream operations [24]. - The company has patented 180 technologies, including 46 inventions, enhancing the recovery rate and concentrate output through innovative processing techniques [26]. - The global demand for rare earths is expected to grow steadily, supported by applications in new energy, new materials, and various high-tech industries [22]. Revenue and Market Segmentation - Domestic revenue reached approximately ¥6.53 billion, an increase of 10.97% year-over-year, while international revenue was approximately ¥335.68 million, up by 28.96% year-over-year [39]. - The total revenue for the industrial segment was approximately ¥5.23 billion, a decrease of 14.81% year-over-year, with a gross margin of 14.75%, down by 1.70 percentage points [37]. - The total revenue for the commercial segment was approximately ¥1.59 billion, an increase of 1.47% year-over-year, with a gross margin of 10.44%, up by 3.20 percentage points [37]. - The total revenue for the processing services segment was approximately ¥58.77 million, a significant increase of 70.84% year-over-year, with a gross margin of 4.53%, down by 30.71 percentage points [37]. Shareholder Information - The controlling shareholder, a state-owned research institute, holds a 14.04% stake, posing risks to the company's operations and management if faced with hostile takeovers [78]. - The company aims to enhance its governance structure and improve decision-making transparency to protect minority shareholders' rights [79]. - The company has committed to a profit compensation agreement, allowing for the release of shares in three phases based on the achievement of net profit targets over a three-year period [90]. - The first phase of share release allows for 15% of shares to be unlocked after 12 months, with subsequent phases allowing for 25% after 24 months and 60% after 36 months [90]. Environmental and Social Responsibility - The company maintained a strong focus on safety and environmental protection, achieving compliance with all emissions standards during the reporting period [33]. - The company has committed to ongoing social responsibility initiatives, including educational support and disaster relief efforts, contributing RMB 30,000 to the Red Cross for flood relief [124]. - The company has actively participated in poverty alleviation efforts, helping 43 impoverished individuals find employment and contributing a total of RMB 28.13 million in funds for poverty alleviation initiatives [125]. Governance and Management - The company has established a competitive salary management system to attract and retain talent, linking compensation to performance assessments [176]. - The company has developed a new compensation management system approved by the board to enhance employee motivation and performance [177]. - The company has undergone a board restructuring, resulting in several changes in directors and management positions [174]. - The company has maintained a consistent leadership structure with no changes in key management personnel during the reporting period [160]. Future Outlook - The company plans to achieve a total production and sales volume of 7,150 tons REO for rare earth concentrate and approximately 12,000 tons for unique stone in 2020 [73]. - The company aims for an annual revenue target of 6.5 to 7.5 billion yuan in 2020, subject to market supply and demand conditions [73]. - The company is focusing on enhancing operational efficiency and cash flow management to support future growth strategies [48].

2020 年第一季度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2020 年第一季度报告 1 / 25 2020 年第一季度报告 一、 二、 11Í 四、 | --- | |----------------| | 目录 | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 25 2020 年第一季度报告 单位：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 公司负责人胡泽松、主管会计工作负责人夏兰田 及会计机构负责人（会计主管人员）李抗保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|---------------- ...

2019 年第三季度报告 公司代码：600392 公司简称：盛和资源 盛和资源控股股份有限公司 2019 年第三季度报告 1 / 28 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 / 28 2019 年第三季度报告 单位：元 币种：人民币 一、 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。 公司全体董事出席董事会审议季度报告。 公司负责人胡泽松、主管会计工作负责人夏兰田及会计机构负责人（会计主管人员）李抗保证季 度报告中财务报表的真实、准确、完整。 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 | --- | --- | --- | --- | |-----------------------------------------------|------------------------------|------------------------------------|------------------ ...