中国南玻集团股份有限公司 2017 年半年度报告 董事长：陈琳 二零一七年八月 中国南玻集团股份有限公司 2017 年半年度报告全文 第一节 重要提示、目录和释义 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。 公司负责人陈琳、主管会计工作负责人潘永红及会计机构负责人(会计主管 人员)王文欣声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，请投资者注意投资风险。 公司已在本报告中详细描述存在的行业风险、市场风险以及汇率风险， 敬请查阅第四节管理层讨论与分析中关于公司未来发展的风险因素及对策的内 容。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 1 | 第一节 重要提示、目录和释义 1 | | --- | | 第二节 公司简介和主要财务指标 4 | | 第三节 公司业务概要 7 | | 第四节 经营情况讨论与分析 9 | | 第五节 重要事项 20 | | 第六节 股份变动及股东 ...

中国南玻集团股份有限公司 2017 年第一季度报告正文 董事长：陈琳 二零一七年四月 中国南玻集团股份有限公司 2017 年第一季度报告 证券代码：000012；200012； 证券简称：南玻 A；南玻 B； 公告编号：2017-030 112022 10 南玻 02 第一节 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人陈琳、主管会计工作负责人潘永红及会计机构负责人(会计主管人员)王文欣声明：保证季度报 告中财务报表的真实、准确、完整。 中国南玻集团股份有限公司 2017 年第一季度报告 第二节 主要财务数据及股东变化 非经常性损益项目和金额 √ 适用 □ 不适用 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 非流动资产处置损益（包括已计提资产减值准备的冲销部分） | -20,445 | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家统 | 24,848,119 | ...

Financial Performance - In 2016, China Southern Glass achieved a total revenue of 8.974 billion CNY, an increase of 1.543 billion CNY, representing a growth of 20.77% year-on-year[8]. - The net profit for the group reached 804 million CNY, up by 256 million CNY, marking a significant increase of 46.83% compared to the previous year[8]. - The flat glass segment generated revenue of 4.047 billion CNY, a year-on-year increase of 18%, with net profit soaring by 508% to 494 million CNY[8]. - The solar energy segment reported revenue of 2.32 billion CNY, an increase of 736 million CNY, reflecting a growth of 46%, with net profit rising by 167% to 220 million CNY[9]. - The engineering glass segment achieved revenue of 3 billion CNY, a 2% increase year-on-year, but net profit declined by 35% to 261 million CNY due to rising costs and competition[9]. - The company's operating revenue for 2016 was CNY 8,974,083,407, representing a 20.77% increase compared to CNY 7,430,889,111 in 2015[34]. - The net profit attributable to shareholders for 2016 was CNY 797,721,576, a 49.76% increase from CNY 624,753,110 in 2015[34]. - The net profit after deducting non-recurring gains and losses was CNY 776,950,973, showing a significant increase of 159.27% compared to CNY 299,683,946 in 2015[34]. - The net cash flow from operating activities reached CNY 2,240,852,120, up 105.05% from CNY 1,092,832,497 in the previous year[34]. - The basic earnings per share for 2016 was CNY 0.38, an increase of 46.15% from CNY 0.30 in 2015[34]. - The total assets at the end of 2016 were CNY 16,979,235,630, reflecting a 9.62% increase from CNY 15,489,600,160 at the end of 2015[34]. - The net assets attributable to shareholders were CNY 7,812,335,004, a slight increase of 2.18% from CNY 7,874,310,997 in 2015[34]. - The weighted average return on equity increased by 3.60 percentage points to 10.32% in 2016 from 7.70% in 2015[34]. Strategic Initiatives - The company plans to enhance its R&D capabilities and build a talent team to maintain its technological innovation advantage in the industry[13]. - A new management team has been established under the leadership of the new president, focusing on international expansion and market integration[13]. - The company aims to strengthen its corporate culture and management mechanisms to adapt to new changes and challenges in the market[14]. - China Southern Glass is committed to leveraging national policies such as supply-side reform and the Belt and Road Initiative to drive future growth[13]. - The company is actively pursuing market expansion and innovation strategies, including the establishment of a new energy application division to manage solar power station investments and operations[48]. - The company has established a comprehensive industrial chain in both the glass and solar energy sectors, enhancing its competitive advantage[52]. - The company plans to enhance its silicon wafer production capacity with a 700MW expansion project in Yichang, which has already been completed and is operational[94]. - The company plans to invest in a new engineering glass factory in Malaysia, with the first phase expected to produce 1.2 million square meters of hollow glass annually[99]. Market and Industry Trends - The company has acknowledged various risks including personnel turnover, industry, market, and exchange rate risks in its future outlook[21]. - The glass industry is expected to face challenges in 2017 due to real estate policy impacts, with potential oversupply in the float glass market[106]. - The engineering glass sector is experiencing declining profitability, but long-term demand for energy-saving glass remains strong due to government initiatives[107]. - The government aims for 30% of new buildings to use green materials by 2018, indicating a growing market for high-end energy-saving glass[108]. - The photovoltaic industry is expected to shift from policy-driven growth to technology-led development, intensifying competition[109]. Research and Development - The company’s R&D expenses increased by 23.26% to CNY 285 million, indicating a commitment to innovation[61]. - Research and development (R&D) investment increased by 42.35% to 341,553,966 CNY, representing 3.81% of total revenue, up from 3.23% in 2015[80]. - The company plans to enhance its R&D capabilities and establish a management support system for innovation to maintain its technological advantage in the industry[111]. Corporate Governance and Management Changes - The company experienced significant management changes, with the resignation of former Chairman Zeng Nan and CEO Wu Guobin on November 15, 2016, leading to the election of Chen Lin as the new Chairman and interim CEO[165]. - The company appointed Pan Yonghong as the new CEO and Lu Wenhui as Executive Vice President in February 2017, following the management reshuffle[167]. - The company held a second extraordinary general meeting in December 2016 to elect new independent directors, Jin Qingjun and Zhan Weizai, to the board[166]. - The company’s management changes and board restructuring are aimed at enhancing governance and operational efficiency[165]. Environmental and Social Responsibility - The company has published its 2016 Social Responsibility Report, marking the ninth consecutive year of such disclosures, detailing its efforts in sustainable development[153]. - The company invested CNY 59.43 million in environmental protection in the reporting year[157]. - The company achieved a total emission of 17.25 tons of dust, which is below the standard of 30 mg/m³[154]. - The company reported a total emission of 636.5 tons of nitrogen oxides, which is below the standard of 350 mg/m³[154]. - The company actively participated in photovoltaic poverty alleviation projects, successfully constructing village-level power stations in Xianning City, which improved local living conditions[152]. Shareholder Information - The company proposed a cash dividend of RMB 1 per 10 shares (including tax) for the year 2016, totaling RMB 207,533,556[123]. - The net profit attributable to shareholders for 2016 was RMB 797,721,576, with a cash dividend payout ratio of 26.02%[122]. - The company has a cash dividend policy that ensures at least 20% of the distributable profit is allocated for cash dividends during profit distribution[123]. - The company has complied with all relevant regulations regarding the cash dividend policy and capital reserve transfers[123]. Employee and Workforce Management - The total number of employees in the company is 11,515, with 8,396 in production, 592 in sales, 1,420 in technical roles, 147 in finance, and 960 in administration[197]. - The company has established personalized training plans for different levels of employees to support their development and adapt to business growth[200]. - Training and development will be a key focus of the company's human resources strategy moving forward, receiving stronger support[200].

中国南玻集团股份有限公司 2016 年第三季度报告正文 中国南玻集团股份有限公司 2016 年第三季度报告正文 董事长：曾南 二零一六年十月 中国南玻集团股份有限公司 2016 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是√ 否 证券代码：000012；200012； 证券简称：南玻 A；南玻 B； 公告编号：2016-042 112022 10 南玻 02 第一节 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管人员)丁九如声明：保证季 度报告中财务报表的真实、准确、完整。 1 中国南玻集团股份有限公司 2016 年第三季度报告正文 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资 ...

中国南玻集团股份有限公司 2016 年半年度报告 董事长：曾南 二零一六年八月 中国南玻集团股份有限公司 2016 年半年度报告 第一节 重要提示、目录和释义 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。 所有董事均已出席了审议本次半年报的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管 人员)丁九如声明：保证本半年度报告中财务报告的真实、准确、完整。 3 中国南玻集团股份有限公司 2016 年半年度报告 第二节 公司简介 一、公司简介 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，请投资者注意投资风险。 1 | 第一节 重要提示、目录和释义 1 | | --- | | 第二节 公司简介 4 | | 第三节 会计数据和财务指标摘要 6 | | 第四节 董事会报告 8 | | 第五节 重要事项 18 | | 第六节 股份变动及股东情况 33 | | 第七节 董事、监事、高级管理人员情况 37 | ...

二零一六年四月 中国南玻集团股份有限公司 2016 年第一季度报告正文 证券代码：000012；200012； 证券简称：南玻 A；南玻 B； 公告编号：2016-022 112022 10 南玻 02 第一节 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。 中国南玻集团股份有限公司 2016 年第一季度报告正文 董事长：曾南 所有董事均已出席了审议本次季报的董事会会议。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管人员)丁九如声明：保证季度报 告中财务报表的真实、准确、完整。 2 中国南玻集团股份有限公司 2016 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 1,949,421,848 | 1,539,206,800 ...

Financial Performance - The company's operating revenue for 2015 was CNY 7,430,889,111, representing a 5.48% increase compared to CNY 7,044,502,645 in 2014[16]. - The net profit attributable to shareholders for 2015 was CNY 624,753,110, a decrease of 28.49% from CNY 873,653,030 in 2014[16]. - The net profit after deducting non-recurring gains and losses was CNY 299,683,946, down 31.72% from CNY 438,889,847 in 2014[16]. - The net cash flow from operating activities was CNY 1,092,832,497, a decline of 22.29% compared to CNY 1,406,259,210 in 2014[16]. - The basic earnings per share for 2015 was CNY 0.30, down 28.57% from CNY 0.42 in 2014[16]. - Total assets at the end of 2015 were CNY 15,489,600,160, an increase of 2.47% from CNY 15,116,808,305 at the end of 2014[16]. - The net assets attributable to shareholders decreased by 5.68% to CNY 7,874,310,997 from CNY 8,348,561,765 in 2014[16]. - The company reported a quarterly revenue of CNY 2,053,759,164 in Q4 2015, with a net profit of CNY 230,683,740 for the same quarter[20]. - The flat glass division generated revenue of CNY 363,195,000, a decline of 1.01%, with a profit of CNY 11,460,000, down 51.02% year-on-year[37]. - The solar glass division achieved revenue of CNY 158,448,000, an increase of 43.66%, and a profit of CNY 8,258,000, up 44.00% year-on-year[38]. - The engineering glass division's sales revenue was CNY 295,735,000, a decrease of 3.16%, with a net profit of CNY 40,013,000, down 22.21% year-on-year[37]. - The company reported a total revenue of CNY 3,532,887,657 from high-purity silicon material production, with a profit of CNY 57,300,272[88]. - The company's revenue from solar energy glass products reached CNY 1,263,513,327, with a profit of CNY 71,115,703, showing significant growth compared to the previous year[88]. - The total revenue for the deep processing glass segment was CNY 840,655,222, with a profit of CNY 124,922,564, indicating a strong performance[88]. - The company reported a decline in the float glass segment due to industry overcapacity, with revenues dropping significantly[89]. - The solar photovoltaic industry is recovering, with all subsidiaries achieving profitability, supported by national policies promoting energy conservation[89]. Investments and R&D - The company invested CNY 231,328,258 in R&D, representing a 26.43% increase, reflecting a commitment to innovation[40]. - The company submitted a total of 107 patent applications in 2015, with 56 being invention patents, accounting for 52.3% of the total applications[43]. - The company launched a directional private placement plan to raise funds for upgrading existing industries, including high-alumina ultra-thin glass and electronic-grade polysilicon projects[42]. - The company plans to enhance its silicon wafer production capacity with a project that has completed major equipment installation by December 2015, with an investment of ¥20,395,000[78]. - The company is currently in the process of building a new production line for ultra-thin glass in Hebei, which is still in the planning stage[78]. - The company plans to expand its solar cell production line in Dongguan with an investment of 500MW, which is currently under construction[80]. - The company has paused its component expansion project and will invest based on industry conditions in the future[80]. - The company completed significant equity investments totaling ¥400,000,000 in two new subsidiaries, with a 100% ownership stake in both[75]. Financial Management and Capital Structure - The company has established a cash dividend policy, distributing RMB 3 per 10 shares for the 2015 fiscal year[101]. - The company will adjust its investment strategies based on market changes to control investment pace and mitigate risks[94]. - The company’s financing strategies include both short-term and super short-term bonds to optimize capital structure and liquidity management[139]. - The company has approved the issuance of short-term financing bonds with a total amount not exceeding 22 billion RMB, with 11 billion RMB already registered and issued[136]. - The company issued a medium-term note with a total amount of up to 1.2 billion RMB, with the first phase issued on July 10, 2015, totaling 1.2 billion RMB at an interest rate of 4.94%[140]. - The company completed the payment of principal and interest for the bond "10 Nanbo 01" on October 20, 2015, and also paid interest for "10 Nanbo 02" for the period from October 20, 2014, to October 19, 2015[142]. - The company's credit rating was assessed as AA+ with a stable outlook by Zhongcheng Credit Rating Co., Ltd.[145]. - The company has established a dedicated repayment working group and a special repayment account to ensure timely payment of bond principal and interest[147]. - The company reported a strict adherence to the use of raised funds according to the commitments made in the fundraising prospectus[144]. - The company has a plan to enhance profitability and optimize its debt structure to improve cash flow and asset return rates[147]. Corporate Governance and Management - The company has maintained a continuous relationship with PwC Zhongtian as its auditor for 14 years, with an audit fee of RMB 2.8 million for the reporting period[112]. - The company is committed to maintaining independence in operations and avoiding related party transactions and competition with its major shareholder, Foresea Life Insurance Co., Ltd.[107]. - The company has not made any changes to accounting policies, estimates, or methods compared to the previous year[109]. - The company has a clear independent operational structure, maintaining separation from the controlling shareholder in business, personnel, assets, and finances[192]. - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations[190]. - The company is focused on strategic and operational management under the leadership of Chairman Zeng Nan, who has extensive experience in the industry[176]. - The company has a diverse board with members holding various academic and professional backgrounds, enhancing its governance[176]. - The total remuneration for senior management during the reporting period amounted to CNY 5.6039 million[181]. - The company has a performance-based incentive system linked to net asset return rates and net profit totals[181]. - The company has not faced any regulatory penalties for its directors, supervisors, and senior management in the past three years[180]. Employee and Talent Management - The total number of employees in the company is 10,548, with 126 in the parent company and 10,422 in major subsidiaries[184]. - The professional composition includes 7,189 production personnel, 644 sales personnel, and 1,276 technical personnel[185]. - The company emphasizes a performance-based salary system to motivate employees, linking compensation to performance evaluations[186]. - The company allocates specific training funds for employee skill development and has implemented personalized training plans for different employee levels[187]. Market Position and Strategy - The company holds a market share of over 55% in the high-end market for low-emission hollow glass, with an annual production capacity exceeding 13.2 million square meters[27]. - The company aims to expand its solar cell production capacity from 200MW to 350MW, enhancing its photovoltaic industry chain resilience[30]. - The company plans to focus on high-end energy-saving glass as part of its strategy to align with the growing demand for green building materials, with expectations for market share growth[91]. - The company anticipates that the glass industry will stabilize as inventory reduction and capacity cuts are implemented, improving overall market conditions[90].

中国南玻集团股份有限公司 2015 年第三季度报告正文 中国南玻集团股份有限公司 2015 年第三季度报告正文 董事长：曾南 二零一五年十月 1 中国南玻集团股份有限公司 2015 年第三季度报告正文 证券代码：000012；200012； 证券简称：南玻 A；南玻 B； 公告编号：2015-056 112022 10 南玻 02 第一节 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管人员)张国明声明：保证季 度报告中财务报表的真实、准确、完整。 2 中国南玻集团股份有限公司 2015 年第三季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | ...

二零一五年八月 中国南玻集团股份有限公司 2015 年半年度报告全文 中国南玻集团股份有限公司 2015 年半年度报告 董事长：曾南 第一节 重要提示、目录和释义 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。 所有董事均已出席了审议本次半年报的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管 人员)张国明声明：保证本半年度报告中财务报告的真实、准确、完整。 本半年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质承 诺，请投资者注意投资风险。 1 | 目录 | | --- | | 第一节 | 重要提示、目录和释义 | 1 | | --- | --- | --- | | 第二节 | 公司简介 | 4 | | 第三节 | 会计数据和财务指标摘要 | 6 | | 第四节 | 董事会报告 | 8 | | 第五节 | 重要事项 | 17 | | 第六节 | 股份变动及股东情况 | 24 | | 第七节 | 董事、监事、高 ...

中国南玻集团股份有限公司 2015 年第一季度报告正文 董事长：曾南 二零一五年四月 中国南玻集团股份有限公司 2015 年第一季度报告正文 证券代码：000012；200012； 证券简称：南玻 A；南玻 B； 公告编号：2015-027 112021；112022 10 南玻 01；10 南玻 02 第一节 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人曾南、主管会计工作负责人罗友明及会计机构负责人(会计主管人员)张国明声明：保证季 度报告中财务报表的真实、准确、完整。 2 中国南玻集团股份有限公司 2015 年第一季度报告正文 第二节 主要财务数据及股东变化 一、主要会计数据和财务指标 公司是否因会计政策变更及会计差错更正等追溯调整或重述以前年度会计数据 对公司根据《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》定义界定的非经常性损益项目，以及把《公 开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列 ...