Financial Performance - The company's operating revenue for the first half of 2020 was ¥351,717,577.52, representing a 46.89% increase compared to ¥239,444,905.96 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2020 was ¥190,443,430.58, a significant increase of 420.58% from ¥36,582,603.97 in the previous year[18]. - Basic earnings per share for the first half of 2020 reached ¥0.81, up 406.25% from ¥0.16 in the same period last year[18]. - The net cash flow from operating activities increased to ¥32,989,036.53, a 364.89% rise compared to ¥7,096,154.11 in the previous year[18]. - The total assets at the end of the reporting period were ¥1,287,075,427.38, reflecting a 22.13% increase from ¥1,053,898,773.71 at the end of the previous year[18]. - The net assets attributable to shareholders increased to ¥826,010,768.28, an 18.88% rise from ¥694,837,737.58 at the end of the previous year[18]. - The weighted average return on equity increased to 24.41%, up 18.99 percentage points from 5.42% in the previous year[19]. - The operating costs increased by 57.17% to ¥255.51 million from ¥162.57 million, primarily due to the increased sales of wind turbines[35]. - The total profit for the first half of 2020 was ¥226,798,267.11, a rise of 426.5% from ¥43,038,357.61 in the same period of 2019[89]. Dividend Distribution - The company plans to distribute a cash dividend of ¥2.13 per 10 shares, totaling ¥50,097,600.00 to all shareholders[4]. - The dividend distribution plan has been approved by the company's board and is pending approval from the shareholders' meeting[57]. Research and Development - The company maintained a strong R&D focus, completing the development of new products such as high-power IC511 motors and large diesel generator synchronous motors, increasing its product variety[27]. - Research and development expenses increased by 66.00% to ¥10.82 million, driven by a higher number of R&D projects[35]. - The company holds 102 valid patents, including 57 invention patents and 45 utility model patents, reflecting its commitment to technological innovation[27]. Market and Sales - The increase in operating revenue is primarily attributed to the significant rise in sales of wind turbines due to government subsidies for wind power projects[19]. - The company has actively expanded its international market presence and strengthened its partnerships in the wind power sector[32]. - The company has a wide customer base, with products sold in over 30 countries, including the USA, Germany, and India, enhancing its market presence[29]. Financial Management - The company reported a significant increase in financial assets at fair value, contributing an additional ¥168.04 million to profits[37]. - The company reported a financial expense of -¥2,571,313.40, compared to -¥1,508,955.14 in the previous year, indicating improved financial management[87]. - The company has improved its governance structure and internal control systems, enhancing operational efficiency and reducing production cycle times[33]. Assets and Liabilities - The total liabilities increased to CNY 461,064,659.10 from CNY 359,061,036.13, representing a growth of approximately 28.5%[81]. - Current liabilities rose to CNY 419,369,693.24, compared to CNY 349,885,541.63, reflecting an increase of about 19.8%[84]. - Non-current liabilities totaled CNY 41,694,965.86, up from CNY 9,175,494.50, indicating a significant increase of approximately 353.5%[81]. Shareholder Information - The total share capital of the company as of June 30, 2020, is 235,200,000 shares[57]. - The total number of ordinary shareholders at the end of the reporting period was 14,641[72]. - The top shareholder, Wang Jianyu, holds 52,920,000 shares, representing 22.50% of the total shares, with 19,827,360 shares pledged[74]. Risk Factors - The company faces domestic market risks due to the correlation of the equipment manufacturing industry with national economic growth, which may impact demand for its products[50]. - The company is exposed to exchange rate risks due to its import and export trade primarily settled in USD and EUR, which may increase with the growth of export business[52]. Compliance and Governance - The company has established a comprehensive quality management system, achieving certifications such as ISO9001:2015 and ISO14001:2015, ensuring high product reliability[28]. - The company’s financial statements are prepared on a going concern basis, indicating no significant doubts about its ability to continue operations for the next 12 months[116]. - The company adheres to accounting standards, ensuring that its financial reports accurately reflect its financial position, operating results, and cash flows[118]. Environmental Compliance - The company does not fall under the category of key pollutant discharge units and has complied with environmental monitoring standards[68].

Financial Performance - Net profit attributable to shareholders increased by 393.56% to CNY 97,036,880.99 year-on-year[6] - The company reported a significant increase in net profit due to improved operational efficiency and cost management strategies[6] - Net profit surged by 393.56% to ¥97,036,880.99 from ¥19,660,570.91, driven by the fair value increase of equity investments and the recovery of previously impaired receivables[13] - Total profit increased by 400.24% to ¥115,707,034.32 from ¥23,130,083.42, reflecting similar factors as net profit[13] - Earnings per share for Q1 2020 was ¥0.41, compared to ¥0.08 in Q1 2019, reflecting a growth of 412.5%[29] - Operating profit for Q1 2020 was ¥115,612,520.00, compared to ¥23,041,833.95 in Q1 2019, indicating a substantial increase[28] Revenue and Costs - Operating revenue decreased by 8.47% to CNY 121,822,310.79 compared to the same period last year[6] - Total operating revenue for Q1 2020 was ¥121,822,310.79, a decrease of 8.5% from ¥133,095,711.10 in Q1 2019[28] - Total operating costs for Q1 2020 were ¥110,570,319.86, down 4.1% from ¥115,513,322.76 in Q1 2019[28] Cash Flow - Net cash flow from operating activities was negative at CNY -24,167,875.49, a decrease of 226.42% compared to the previous year[6] - Cash inflow from operating activities in Q1 2020 was ¥73,015,141.12, down from ¥91,506,611.63 in Q1 2019[34] - Net cash flow from operating activities for Q1 2020 was -24,167,875.49 RMB, a decrease from 19,117,335.23 RMB in Q1 2019[37] - Total cash outflow from operating activities was 97,183,016.61 RMB, compared to 72,389,276.40 RMB in the previous year, indicating a 34.2% increase[37] Assets and Liabilities - Total assets increased by 12.65% to CNY 1,187,225,107.91 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 37.31% to ¥128,296,379.68 from ¥204,636,498.56, primarily due to increased investments in financial products and project funding[11] - Total liabilities increased to ¥395,350,489.34 from ¥359,061,036.13, reflecting a growth of about 10.1%[21] - Non-current liabilities rose to ¥25,493,196.30 from ¥9,175,494.50, indicating a significant increase of about 177.5%[21] - Current liabilities totaled ¥369,857,293.04, compared to ¥349,885,541.63, reflecting an increase of approximately 2.8%[24] Shareholder Information - The company had a total of 12,638 shareholders at the end of the reporting period[9] - The top shareholder, Wang Jianyu, holds 22.50% of the shares, amounting to 52,920,000 shares[10] Other Financial Metrics - The weighted average return on equity increased by 10.17 percentage points to 13.05%[6] - Basic earnings per share rose by 412.50% to CNY 0.41[6] - Research and development expenses increased to ¥4,100,926.37 in Q1 2020, up 28.1% from ¥3,202,664.18 in Q1 2019[28] - The company reported a financial income of ¥1,483,964.63 in Q1 2020, compared to a financial expense of ¥1,903,839.34 in Q1 2019[28] Investments and Other Assets - Trading financial assets increased by 106.61% to ¥170,053,469.54, attributed to the fair value increase of equity investments[11] - Other current assets increased by 82.05% to ¥119,815,424.66, mainly due to an increase in financial product investments[11] - Deferred income tax liabilities rose by 255.82% to ¥20,134,656.06, resulting from the tax implications of the fair value increase of equity investments[11] - The company reported a significant increase in other income, with government subsidies rising to ¥431,403.00, marking a 100% increase[13]

Financial Performance - The company's operating revenue for 2019 was CNY 608,001,747.55, representing a 41.88% increase compared to CNY 428,538,145.45 in 2018[20] - The net profit attributable to shareholders for 2019 was CNY 113,473,240.99, a significant increase of 135.28% from CNY 48,229,069.83 in the previous year[20] - The basic earnings per share for 2019 was CNY 0.48, which is a 128.57% increase compared to CNY 0.21 in 2018[21] - The total assets of the company at the end of 2019 were CNY 1,053,898,773.71, reflecting a 9.81% increase from CNY 959,745,390.07 at the end of 2018[20] - The company's net assets attributable to shareholders increased by 3.41% to CNY 694,837,737.58 at the end of 2019, compared to CNY 671,916,496.59 at the end of 2018[20] - The cash flow from operating activities for 2019 was CNY 41,368,085.95, which is a decrease of 24.41% from CNY 54,726,915.40 in 2018[20] - The weighted average return on equity for 2019 was 16.79%, an increase of 9.58 percentage points from 7.21% in 2018[22] - The company achieved a revenue of 608.00 million, an increase of 41.88% compared to the previous year, with a net profit of 113.47 million, up 135.28% year-on-year[42] Market and Industry Insights - In 2019, the company's total operating revenue reached ¥607,001,747.55, showing a year-on-year increase due to the recovery in the machinery industry and increased demand in sectors such as wind power and steel[24] - The company experienced a significant increase in overseas hydropower business, contributing to overall revenue growth[24] - The company’s marketing strategy includes expanding its network through exhibitions, local distributors, and online promotions to capture both domestic and international markets[30] - The electric motor industry is expected to reach sales revenue of approximately CNY 87 billion by 2020, with large and medium-sized motors projected to generate sales of CNY 21.5 billion[77] - The market for high-efficiency, energy-saving, and high-quality motors is expected to continue expanding due to national policies promoting green manufacturing and energy efficiency[77] Research and Development - The company maintained a focus on R&D, particularly in high-efficiency and energy-saving motors, to enhance market competitiveness amid increasing industry pressures[31] - Research and development expenses amounted to CNY 20,971,181.15, representing 3.45% of total operating revenue, with a year-on-year increase of 48.32%[55] - The total number of R&D personnel was 118, accounting for 19.22% of the company's total workforce[55] - The company holds a total of 102 valid patents, including 56 invention patents and 46 utility model patents, with 3 new invention patents granted during the reporting period[40] Operational Challenges - The company faced challenges such as rising labor costs and increased product costs, which compressed profit margins despite revenue growth[31] - The operating cost for the same period was CNY 417,127,998.96, which increased by 43.62% year-on-year[46] - The gross profit margin for the mechanical industry was 31.39%, a decrease of 0.83 percentage points compared to the previous year[46] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 41,368,085.95, down 24.41% from the previous year[46] - The net cash flow from investing activities increased significantly by 135.22% to ¥46,335,019.56, primarily due to the recovery of investment products and large deposits[57] - The net cash flow from financing activities decreased by 108.40% to -¥90,552,000.00, mainly due to cash dividends paid in 2018[57] Shareholder Information - The company plans to distribute a cash dividend of CNY 2.52 per 10 shares, totaling CNY 59,270,400 to shareholders[5] - The company did not propose a cash profit distribution plan for the reporting period despite having positive profits available for distribution to ordinary shareholders[90] - The company’s major shareholders, Wang Jianyu and Wang Jiankai, committed to not transferring their shares for 36 months from the date of the company's stock listing[93] Governance and Compliance - The company received a standard unqualified opinion on its internal control audit for 2019, indicating effective internal controls[161] - The company has no significant accounting errors or changes in accounting policies that would affect its financial statements during the reporting period[101] - The company has not reported any major litigation or arbitration matters during the reporting period[104] Future Outlook - The management's future outlook is based on current operational assessments and macroeconomic conditions, but does not constitute a performance commitment[6] - The company aims to achieve a net profit of 50 million yuan from its main business in 2020, focusing on high-end motor products[83] - The company is committed to expanding its international business and aims to enhance its global market share over the next five to ten years[81]

Financial Performance - Operating income for the first nine months increased by 16.43% to CNY 375,271,222.26 compared to the same period last year[5]. - Net profit attributable to shareholders rose by 38.77% to CNY 53,893,597.22 compared to the same period last year[5]. - Basic earnings per share increased by 35.29% to CNY 0.23 compared to the same period last year[6]. - The weighted average return on equity increased by 2.40 percentage points to 8.18% compared to the same period last year[5]. - Operating profit for the first nine months of 2019 was CNY 62,588,645.89, compared to CNY 47,549,876.07 in the same period of 2018, reflecting a year-over-year increase of 31.5%[25]. - Total comprehensive income for the first nine months of 2019 was CNY 53,893,597.22, up from CNY 38,836,748.33 in the same period of 2018, representing a growth of 38.7%[26]. Cash Flow - Net cash flow from operating activities for the first nine months was CNY 33,839,661.05, a significant increase from a negative CNY 2,173,015.90 in the same period last year[5]. - Cash flow from operating activities for the first nine months of 2019 was CNY 33,839,661.05, a significant improvement from a negative cash flow of CNY -2,173,015.90 in the same period of 2018[26]. - The company reported a total operating cash inflow of CNY 250,559,468.09 for the first nine months of 2019, compared to CNY 225,215,581.40 in 2018, reflecting an increase of 11.3%[26]. - Net cash flow from investing activities was -¥160,803,106.96, an increase of 81.75% compared to -¥88,474,207.42 in the same period of 2018[18]. - Net cash flow from financing activities was -¥90,552,000.00, an increase of 108.45% compared to -¥43,440,000.00 in the same period of 2018[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 957,169,246.22, a decrease of 0.27% compared to the end of the previous year[5]. - Total current assets as of September 30, 2019, amounted to ¥811,786,299.35, an increase from ¥785,037,895.96 at the end of 2018[21]. - Total liabilities as of September 30, 2019, were ¥321,911,152.41, compared to ¥287,828,893.48 at the end of 2018, indicating an increase of 11.83%[22]. - The company's total equity decreased to ¥635,258,093.81 from ¥671,916,496.59 in 2018, a decline of 5.45%[23]. - The total assets of the company as of Q3 2019 amounted to CNY 959,745,390.07, unchanged from the previous year[30]. Shareholder Information - The total number of shareholders at the end of the reporting period was 13,928[8]. - The largest shareholder, Wang Jianyu, holds 22.50% of the shares, amounting to 52,920,000 shares[8]. Research and Development - Research and development expenses increased by 33.01% to ¥11.26 million, driven by higher personnel and material investments[11]. - Research and development expenses for the first three quarters of 2019 were ¥11,259,848.82, up 33.24% from ¥8,465,103.85 in the same period of 2018[24]. Inventory and Accounts Payable - Inventory increased by 32.67% to ¥282.84 million, reflecting growth in business volume[3]. - The company’s accounts payable increased by 28.53% to ¥117.38 million, attributed to higher procurement volumes[3].

2019 年半年度报告 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2019 年半年度报告 1 / 99 2019 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、 公司负责人王建裕、主管会计工作负责人杨志明及会计机构负责人（会计主管人员）杨志明 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 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承诺，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"第四节 经营情况的讨论与分析"中详细描述公司可能面对的风险，敬请投 资者关注并注意投资风险。 十、 其他 □适用 √不适用 2 ...

2019 年第一季度报告 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2019 年第一季度报告 1 / 13 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 9 | 2019 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 | 983,676,097.14 | 959,745,390.07 | 2.49 | | 归属于上市公司股东的净资产 | 691,577,067.50 | 671,916,496.59 | 2.93 | | | 年初至报告期末 | 上年初至上年报 | 比上年同期增 | | | | 告期末 | 减(%) | | 经营活动产生的现金流量净额 | 19,117,335.23 | 2,192,796.88 | 771.82 | | | 年初至报告期末 ...

2018 年年度报告 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2018 年年度报告 1 / 129 2018 年年度报告 重要提示 三、 天健会计师事务所（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、 公司负责人王建裕、主管会计工作负责人杨志明及会计机构负责人（会计主管人员）杨志明 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 拟以 2018 年 12 月 31 日公司总股本 235,200,000 股为基数，向公司全体股东每 10 股派发现金 红利 3.85 元（含税），合计拟派发现金红利 90,552,000.00 元（含税），不进行资本公积金转增股 本，不送红股。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性承诺，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行业风险、市场风险等，请 ...

中电电机股份有限公司 2018 年第三季度报告 1 / 14 | 目录 | | --- | 2018 年第三季度报告 公司代码：603988 公司简称：中电电机 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 2018 年第三季度报告 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 | 898,170,251.39 | | 908,328,901.36 | | | -1.12 | | 归属于上市公司股东的净资产 | 662,524,175.09 | | 667,127,426.76 | | | -0.69 | | | 年初至报告期末 | | 上年初至上年报 | 比上年同期增减(%) | | | ...

2018 年半年度报告 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2018 年半年度报告 1 / 92 2018 年半年度报告 重要提示 三、 天健会计师事务所（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、 公司负责人王建裕、主管会计工作负责人杨志明及会计机构负责人（会计主管人员）杨志明 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 公司2018年度中期利润分配预案：拟以2018年6月30日公司总股本168,000,000股为基数，向公 司全体股东每10股派发现金红利0.80元（含税），合计拟派发现金红利13,440,000.00元（含税）； 同时以总股本168,000,000股为基数，以资本公积转增股本的方式，向全体股东每10股转增4股，共 计转增67,200,000股，转增后公司总股本将增加至235,200,000股。本次利润分配方案实施后，公司 剩余未分配利润结转以后年度进行分配。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告所涉及的未来计划、发展战略等前瞻性陈述，不构成公司对投资者的实质性 ...

2018 年第一季度报告 公司代码：603988 公司简称：中电电机 中电电机股份有限公司 2018 年第一季度报告 1 / 13 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 9 | 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 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益 | | | | 越权审批，或无正式批准文件，或偶发性的税收返还、减免 | | | | 计入当期损益的政府补助，但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 | | | 3 / 13 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 894,267,552.67 908,328,901.36 -1.55 归属于上市公司股东的净资产 673,653,715.82 ...