Financial Performance - The company's operating revenue for 2018 was CNY 1,371,556,562.95, a decrease of 4.05% compared to CNY 1,429,411,737.99 in 2017[21] - The net profit attributable to shareholders of the listed company was CNY 88,417,327.30, an increase of 26.21% from CNY 70,055,663.26 in the previous year[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 86,130,359.31, up 34.93% from CNY 63,833,301.67 in 2017[21] - The total operating income for Q4 2018 reached CNY 389,813,642.62, up from CNY 307,199,439.51 in Q1 2018[24] - Operating profit reached CNY 98.04 million, an increase of 29.47% compared to the previous year[42] - The company reported a total comprehensive income of CNY 87,715,206.05 for 2018, compared to CNY 70,040,703.26 in 2017, reflecting a growth of 25.3%[171] Cash Flow - The net cash flow from operating activities was negative at CNY -26,490,082.62, a significant decrease of 130.95% compared to CNY 85,578,004.30 in 2017[21] - The net cash flow from operating activities turned negative at -¥26,490,082.62 compared to a positive ¥85,578,004.30 in the previous period[176] - Cash inflow from sales of goods and services was ¥1,451,191,746.31, down from ¥1,701,354,025.57, representing a decrease of about 14.7%[176] - The total cash outflow for operating activities was ¥1,587,936,176.84, slightly lower than ¥1,653,982,365.94 in the previous period[176] Assets and Liabilities - The total assets at the end of 2018 were CNY 2,500,821,360.62, down 2.63% from CNY 2,568,303,313.73 at the end of 2017[21] - Total liabilities decreased to CNY 72,239,482.08 from CNY 83,123,232.74, a decline of approximately 13.1%[164] - Current assets decreased to CNY 1,616,580,395.18 from CNY 1,811,500,846.79, representing a reduction of about 10.8%[163] - The company's long-term investments decreased to CNY 19,513,161.27 from CNY 23,661,660.06, a decline of approximately 17.5%[163] Shareholder Information - The company plans to distribute a cash dividend of CNY 1.00 per 10 shares, totaling CNY 144,313,408.50, subject to approval at the annual general meeting[5] - The largest shareholder, Tao Guoping, holds 382,326,672 shares, representing 26.49% of the total shares, with 240,000,000 shares pledged[117] - The company has no major litigation or arbitration matters during the reporting period[94] - The company’s shareholder structure remains stable, with no significant changes reported in the top ten shareholders[116] Research and Development - The total R&D investment amounted to ¥47,685,599.33, representing 3.48% of the operating revenue[52] - The number of R&D personnel is 91, accounting for 12.82% of the total workforce[52] - The company holds 18 effective invention patents and 13 utility model patents, reflecting its commitment to technological innovation[38] - The company applied for 17 patents in 2018, including 12 invention patents, and received authorization for 1 invention patent[65] Market and Competition - The polyester staple fiber market is experiencing increasing competition, with a shift in consumer demand towards mid-to-high-end products due to rising national income[82] - The company is the largest producer of composite short fibers in China, with significant growth potential in the disposable hygiene products market driven by aging population and policy effects[82] - The company is actively expanding its customer base, particularly with international hygiene material manufacturers, to absorb new production capacity[41] Environmental Compliance - The company has a wastewater treatment capacity of 2,000 tons per day, utilizing a physical and biochemical treatment process[101] - The company reported a total wastewater discharge of 47,957 tons, which is below the approved discharge limit of 50,736 tons[100] - The company achieved compliance with environmental discharge standards for major pollutants, including COD and ammonia nitrogen[100] - The company has established an emergency response plan for environmental incidents and has filed it with local environmental authorities as required[104] Corporate Governance - The company adheres to corporate governance standards, ensuring independence from the controlling shareholder in operations and decision-making[140] - The company has a comprehensive investor relations management system to ensure timely and accurate information disclosure[141] - The audit report confirms that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2018[152] Executive Compensation - The total remuneration for the executives during the reporting period amounted to 297.05 million yuan[128] - The company has established an effective performance evaluation and incentive mechanism for senior management, linking compensation to business goals and individual performance[146] - The company has a structured remuneration system for directors and senior management based on their roles and performance[133]

2018 年第三季度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2018 年第三季度报告 1 / 20 | 目录 | | --- | 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 本报告期末比上年度 末增减(%) 总资产 2,493,380,789.81 2,568,303,313.73 -2.92 归属于上市公司股东的净 资产 2,393,724,034.69 2,485,180,080.99 -3.68 年初至报告期末 （1-9 月） 上年初至上年报告期 末（1-9 月） 比上年同期增减(%) 经营活动产生的现金流量 净额 44,427,339.90 79,933,990.97 -44.42 年初至报告期末 （1-9 月） 上年初至上年报告期 末（1-9 月） 比上年同期增减 （%） 营业收入 981,742,920.33 996,252,799.80 -1.46 归属于上市公司股东的净 利润 53,128,252.95 34,668,392.83 53.25 归属于上市公司股东的扣 除非经常性损益的净利润 52,188,552.4 ...

Financial Performance - The company's operating revenue for the first half of 2018 was RMB 623,650,269.26, representing a 15.35% increase compared to RMB 540,639,177.76 in the same period last year[18]. - The net profit attributable to shareholders was RMB 29,974,326.26, an increase of 28.73% from RMB 23,283,951.27 year-on-year[18]. - Operating profit reached 34.8 million RMB, up 23.84% compared to the same period last year[34]. - The sales volume of polyester wool strips and composite short fibers slightly increased compared to last year, with sales prices also rising[34]. - The company achieved operating revenue of 624 million RMB, a year-on-year increase of 15.35%[34]. - Net profit for the first half of 2018 reached CNY 29,885,708.31, up 20.5% from CNY 24,764,525.42 in the previous year[88]. - The company's operating profit increased to CNY 34,585,861.77, representing a growth of 16.6% from CNY 29,620,414.00 in the prior period[88]. - Total comprehensive income for the first half of 2018 was CNY 29,511,551.06, compared to CNY 24,894,299.17 in the same period last year, reflecting a growth of 18.5%[88]. Cash Flow and Assets - The net cash flow from operating activities decreased by 68.85%, amounting to RMB 15,195,110.02, primarily due to payments made by the wholly-owned subsidiary Tian Di Guo Mao[20]. - The company's cash flow from operating activities decreased by 68.85% to 15.2 million RMB due to increased cash payments for raw material purchases[37]. - The company's cash and cash equivalents decreased from CNY 1,223,049,696.00 at the beginning of the period to CNY 1,075,434,688.08 at the end, representing a decline of approximately 12.1%[77]. - The company's total assets at the end of the reporting period were RMB 2,451,889,829.65, a decrease of 4.53% from RMB 2,568,303,313.73 at the end of the previous year[18]. - Total assets decreased from CNY 2,568,303,313.73 to CNY 2,451,889,829.65, reflecting a decline of about 4.5%[78]. - The company's total liabilities decreased from CNY 83,123,232.74 to CNY 81,422,988.15, a reduction of approximately 2.0%[78]. - The company's equity attributable to shareholders decreased from CNY 2,485,180,080.99 to CNY 2,370,466,841.50, representing a decline of about 4.6%[78]. Shareholder Information - The total number of shares increased from 962,089,390 to 1,443,134,085 during the reporting period, representing a 50% increase[57]. - The company implemented a capital reserve conversion plan, distributing 5 additional shares for every 10 shares held, resulting in an increase of 481,044,695 shares on April 17, 2018[58]. - The largest shareholder, Tao Guoping, held 127,442,224 shares, representing 26.49% of the total shares, with 240,000,000 shares pledged[64]. - The second-largest shareholder, Tao Ye, held 16,300,000 shares, representing 3.39% of the total shares, with 48,900,000 shares pledged[64]. - The total number of common shareholders reached 59,489 by the end of the reporting period[61]. Government and Regulatory Compliance - The company received government subsidies amounting to RMB 486,429.20, which are closely related to its normal business operations[21]. - The company maintained compliance with environmental regulations, ensuring that wastewater treatment met the GB18918-2002 Class A standard[54]. - The company has not faced any penalties from environmental protection authorities during the reporting period[54]. - The company has not reported any significant changes in accounting policies or estimates during the reporting period[55]. Research and Development - The company applied for 5 new invention patents and 1 utility model patent, bringing the total to 31 patents, including 18 invention patents[35]. - The company is engaged in the research, production, and sales of polyester wool strips and composite short fibers, which are widely used in various industries including hygiene products[23]. - The company is focusing on expanding its market presence in disposable hygiene materials and enhancing customer satisfaction through regular follow-ups[35]. Risks and Challenges - The company faces risks related to industry policy changes, environmental policy changes, reliance on the textile industry, and fluctuations in raw material prices[43][44]. Accounting Policies and Financial Instruments - The accounting policies comply with the enterprise accounting standards, ensuring a true and complete reflection of the company's financial status[108]. - Financial instruments include financial assets, financial liabilities, and equity instruments, classified at initial recognition as held-to-maturity investments, receivables, and available-for-sale financial assets[118]. - The company recognizes receivables based on the contract or agreement price, with significant receivables over 2 million yuan subject to individual impairment testing[125][126]. - The impairment provision for receivables is determined using an aging analysis method, with provisions of 5% for receivables within one year, 10% for 1-2 years, 20% for 2-3 years, and 40% for over 3 years[127]. Inventory and Assets Management - The company uses the weighted average method for inventory valuation upon issuance[129]. - The company determines the net realizable value of inventories based on estimated selling prices minus estimated costs and expenses[130]. - The total inventory at the end of the period was ¥425,182,734.20, with a provision for inventory depreciation of ¥4,706,556.33[170].

2018 年第一季度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2018 年第一季度报告 1 / 17 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 6 | 2018 年第一季度报告 一、 重要提示 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 上年度末增减 | | --- | --- | --- | --- | | | | | (%) | | 总资产 | 2,583,399,508.52 | 2,568,303,313.73 | 0.59 | | 归属于上市公司股东的净资产 | 2,500,492,172.20 | 2,485,180,080.99 | 0.62 | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增 | | | | | 减(%) | | 经营活动产生的现金流量净额 | -21,953,812.06 | 42,415,796.39 | -151.76 ...

2017 年年度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2017 年年度报告 1 / 117 2017 年年度报告 重要提示 三、 立信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人陶冶、主管会计工作负责人朱崭华及会计机构负责人（会计主管人员）杨建根声 明：保证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 2018年2月6日，公司召开第六届董事会第十三次会议，审议通过《2017年度利润分配及资本 公积转增预案》，拟以2017年12月31日的总股本962,089,390股基数，向全体股东每 10 股派发现 金红利1.50元（含税），共计派发现金红利144,313,408.50元，本次分配后的未分配利润余额结 转至以后年度；同时以资本公积向全体股东每10股转增5股，共计转增481,044,695股。 上述利润 分配及公积金转增预案须经2017年年度股东大会审议通过后实施。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划、发展战略等前瞻性描述不构成对投资者的实质承诺 ...

2017 年第三季度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2017 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 7 | 2017 年第三季度报告 单位：元 币种：人民币 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | | 上年度末 | | 本报告期末比上 | | | --- | --- | --- | --- | --- | --- | --- | | | | | | | 年度末增减(%) | | | 总资产 | 1,723,671,827.98 | | 1,724,099,907.87 | | -0.02 | | | 归属于上市公司股东的净资产 | 1,628,111,235.25 | | 1,625,553,142.01 | | | 0.16 | | | 年初至报告期末 | | 上年初至上年报告 | | 比上年同期增减 | | | | （1-9 ...

2017 年半年度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2017 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。 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 无 □适用 √不适用 1 / 85 三、 本半年度报告未经审计。 四、 公司负责人陶冶、主管会计工作负责人朱崭华及会计机构负责人（会计主管人员）杨建根声 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 | 第一节 | 释义 3 | | --- | --- | | 第二节 | 公司简介和主要财务指标 4 | | 第三节 | 公司业务概要 6 | | 第 ...

2017 年第一季度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2017 年第一季度报告 2017 年第一季度报告 非经常性损益项目和金额 √适用 □不适用 1 / 17 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 6 | 2017 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 3 / 17 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 1,720,781,805.76 1,724,099,907.87 -0.19 归属于上市公司 股东的净资产 1,640,602,141.92 1,625,553,142.01 0.93 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 42,415,796.39 40,330,964.03 5.17 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 234,017,273.10 231 ...

2016 年第三季度报告 公司代码：600527 公司简称：江南高纤 江苏江南高纤股份有限公司 2016 年第三季度报告 1 / 21 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 8 | 2016 年第三季度报告 一、 重要提示 单位：元 币种：人民币 | 项目 | | 本期金额 | 年初至报告期末金额 | 说明 | | --- | --- | --- | --- | --- | | | （7－9 | 月） | （1-9 月） | | | 计入当期损益的政府补助，但 | | 1,313,782.41 | 3,823,250.81 | | | 与公司正常经营业务密切相 | | | | | | 关，符合国家政策规定、按照 | | | | | | 一定标准定额或定量持续享 | | | | | | 受的政府补助除外 | | | | | | 除上述各项之外的其他营业 | | | 505.79 | | | 外收入和支出 | | | | | | 所得 ...

2016 年半年度报告 公司代码:600527 公司简称:江南高纤 江苏江南高纤股份有限公司 2016 年半年度报告 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 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对投资者的实质承诺,敬请投资 者注意投资风险。 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、公司负责人陶 冶、主管会计工作负责人朱崭华及会计机构负责人(会计主管人员）杨建根 声明:保证半年度报告中财务报告的真实、准确、完整。 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 1 / 67 2016 年半年度报告 目录 | 第一节 | 释 X | | --- | --- | | 第二节 | 公司简介 . | | 第三节 | 会计数据和财务指标摘要 | | 第四节 | 董事会报告 | | 第五节 | 重要事 ...