浙江万丰奥威汽轮股份有限公司 2019 年年度报告全文 浙江万丰奥威汽轮股份有限公司 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 万 丰-奥威 002085 WANFENG AUTO WHEEL 2019 年年度报告全文 2020 年 06 月 1 浙江万丰奥威汽轮股份有限公司 2019 年年度报告全文 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。 公司负责人陈滨、主管会计工作负责人董瑞平及会计机构负责人(会计主管 人员)陈善富声明：保证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。 安永华明会计师事务所（特殊普通合伙）对本公司出具了带有强调事项段 的保留意见的审计报告，本公司董事会、监事会对相关事项已有详细说明，请 投资者注意阅读。 安永华明会计师事务所（特殊普通合伙）对本公司 2019 年度内部控制出 具了否定意见的审核报告，本公司董事会、监事会对相关事项已有详细说明， 请投资者注意阅读。 | --- | | ...

浙江万丰奥威汽轮股份有限公司 2020 年第一季度报告全文 浙江万丰奥威汽轮股份有限公司 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 万 丰奥威 002085 WANFENG AUTO WHEEL 2020 年第一季度报告 2020 年 04 月 1 浙江万丰奥威汽轮股份有限公司 2020 年第一季度报告全文 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。 公司负责人陈滨、主管会计工作负责人董瑞平及会计机构负责人(会计主管 人员)陈善富声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江万丰奥威汽轮股份有限公司 2020 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|--------- ...

浙江万丰奥威汽轮股份有限公司 2019 年第三季度报告全文 浙江万丰奥威汽轮股份有限公司 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 万 丰奥威 002085 WANFENG AUTO WHEEL 2019 年第三季度报告 2019 年 10 月 1 浙江万丰奥威汽轮股份有限公司 2019 年第三季度报告全文 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。 公司负责人陈滨、主管会计工作负责人董瑞平及会计机构负责人（会计主 管人员）陈善富声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江万丰奥威汽轮股份有限公司 2019 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |-----------------------------------------------------|--- ...

浙江万丰奥威汽轮股份有限公司 2019 年半年度报告全文 浙江万丰奥威汽轮股份有限公司 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 万 丰奥威 002085 WANFENG AUTO WHEEL 2019 年半年度报告 2019 年 08 月 1 浙江万丰奥威汽轮股份有限公司 2019 年半年度报告全文 公司存在的风险详见本报告"第四节、十：公司面临的风险和应对措施"。 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。 公司负责人陈滨、主管会计工作负责人董瑞平及会计机构负责人（会计主 管人员）陈善富声明：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。 本报告中涉及未来计划、业绩预测等方面内容，存在着不确定性，不构成对投 资者的实质承诺，敬请投资者注意投资风险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 浙江万丰奥威汽轮股份有限公司 2019 年半年度报告全文 目 录 | --- | |-- ...

浙江万丰奥威汽轮股份有限公司 2019 年第一季度报告全文 WANFENG AUTO WHEEL 浙江万丰奥威汽轮股份有限公司 2019 年第一季度报告 2019 年 04 月 1 浙江万丰奥威汽轮股份有限公司 2019 年第一季度报告全文 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。 公司负责人陈滨、主管会计工作负责人董瑞平及会计机构负责人（会计主 管人员）陈善富声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江万丰奥威汽轮股份有限公司 2019 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|------------------ ...

浙江万丰奥威汽轮股份有限公司 2018 年年度报告全文 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 2018 年年度报告全文 2019 年 03 月 1 浙江万丰奥威汽轮股份有限公司 2018 年年度报告全文 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。 公司负责人陈爱莲、主管会计工作负责人董瑞平及会计机构负责人(会计主 管人员)陈善富声明：保证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。 本报告中涉及未来计划、业绩预测等方面内容，存在着不确定性，不构成 对投资者的实质承诺，公司面临着宏观及行业形势风险、人民币汇率波动、原 材料价格、用工成本上涨以及贸易壁垒风险，敬请投资者注意投资风险。 公司经本次董事会审议通过的利润分配预案为：以 2,186,879,678 股为基数， 向全体股东每 10 股派发现金红利 3.00 元（含税），送红股 0 股（含税），不以公 积金转增股本。 2 浙江万丰奥威汽轮股份有限公司 ...

2018 年 10 月 浙江万丰奥威汽轮股份有限公司 2018 年第三季度报告正文 证券代码：002085 证券简称：万丰奥威 公告编号：2018-104 浙江万丰奥威汽轮股份有限公司 ZHEJIANG WANFENG AUTO WHEEL CO.,LTD 2018 年第三季度报告正文 1 浙江万丰奥威汽轮股份有限公司 2018 年第三季度报告正文 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。 公司负责人陈爱莲、主管会计工作负责人董瑞平及会计机构负责人（会计 主管人员）陈善富声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江万丰奥威汽轮股份有限公司 2018 年第三季度报告正文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需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 | | --- | --- | --- | --- | --- | | 总资产（元 ...

Financial Performance - The company's operating revenue for the first half of 2018 was approximately ¥5.21 billion, representing a 5.06% increase compared to ¥4.96 billion in the same period last year[18]. - The net profit attributable to shareholders was approximately ¥556.94 million, reflecting a 15.77% increase from ¥481.08 million year-on-year[18]. - The net cash flow from operating activities increased by 33.34% to approximately ¥839.01 million, up from ¥629.23 million in the previous year[18]. - Basic and diluted earnings per share rose to ¥0.25, a 13.64% increase from ¥0.22 in the same period last year[18]. - Total revenue for the first half of 2018 reached ¥5,205,813,434.35, representing a year-on-year increase of 5.06% compared to ¥4,955,251,088.44 in the same period last year[47]. - The company reported a net profit of 144.29 million CNY for the first half of 2018, representing a 22.19% increase compared to the same period last year[28]. - The company reported a significant reduction in financial expenses by 62.18%, primarily due to increased exchange gains[45]. - The company expects a net profit attributable to shareholders for the first nine months of 2018 to be between 815.46 million CNY and 921.83 million CNY, representing a year-on-year increase of 15% to 30%[90]. Assets and Liabilities - Total assets at the end of the reporting period reached approximately ¥12.07 billion, a 20.07% increase from ¥10.05 billion at the end of the previous year[18]. - The net assets attributable to shareholders decreased by 2.99% to approximately ¥5.83 billion, down from ¥6.01 billion at the end of the previous year[18]. - Total liabilities rose to CNY 5,698,505,322.45 from CNY 3,515,563,162.26, indicating an increase of around 62%[160]. - Short-term borrowings surged to CNY 1,496,768,741.20 from CNY 557,680,844.64, representing an increase of approximately 168%[160]. - The company's total assets reached CNY 12,066,130,068.19, compared to CNY 10,049,137,584.54, reflecting an increase of approximately 20%[161]. - The company's equity attributable to shareholders decreased to CNY 5,829,345,234.66 from CNY 6,009,167,679.54, a decline of about 3%[161]. Investments and Acquisitions - Fixed assets increased by 269.15 million CNY, a growth of 8.13%, primarily due to the acquisition of 95% equity in Wuxi Xiongwei[30]. - The company completed the acquisition of Wuxi Xiongwei, expanding its business into the mold stamping parts sector, which is now a core supplier for major global automotive component companies[29]. - The company completed the acquisition of 95% equity in Wuxi Xiongwei Precision Technology Co., Ltd. for ¥1,254,000,000.00, with an expected return of ¥160,000,000.00[60]. - The acquisition of Wuxi Xiongwei Precision Technology Co., Ltd. contributed a net profit of RMB 13.51 million to the parent company in the reporting period[76]. Market and Product Development - The company developed over 270 new products in the aluminum alloy wheel business during the first half of 2018[31]. - The company holds a 65% market share in the North American magnesium alloy market, positioning itself as a global leader in lightweight magnesium alloy deep processing[33]. - The company has established a strategic partnership with renowned coating brands, enhancing its competitive advantage in the environmental Dacromet coating business[27]. - The company’s aluminum alloy wheel production capacity exceeds 40 million sets annually, making it the largest production base globally[33]. - The company’s environmental Dacromet coating production capacity is over 70,000 tons annually, with a significant market share in chromium-free Dacromet coating production lines in China[33]. Cash Flow and Financing - The cash and cash equivalents net increase was CNY 502 million, a 473.26% rise compared to the previous year, influenced by operating and financing activities[45]. - The net cash flow from financing activities improved to ¥408,461,485.65 from -¥488,365,945.86 in the previous period[176]. - Cash inflow from financing activities was ¥1,475,475,792.03, up from ¥370,500,521.88, indicating a strong increase in financing[176]. - The ending cash and cash equivalents balance increased to ¥1,392,222,478.64, compared to ¥751,824,621.18 at the end of the previous period[176]. Environmental Compliance - The company has achieved compliance with environmental standards across all major pollutants, including CODcr, ammonia nitrogen, VOCs, SO2, and NOX, with total emissions for CODcr at 8.59 tons and ammonia nitrogen at 0.86 tons per year for Wan Feng Ao Wei[127]. - The company operates wastewater treatment facilities that meet national or local standards, ensuring all treated water is discharged in compliance with regulations[130]. - The company has implemented advanced air pollution control technologies, including dry filtration and catalytic combustion, to ensure emissions meet environmental standards[130]. - The company has successfully maintained all pollution control facilities in normal operation, ensuring compliance with environmental laws and regulations[130]. Shareholder Information - The total number of shares is 2,186,879,678, with 3.34% being limited sale shares and 96.66% being unrestricted sale shares[138]. - The largest shareholder, Wan Feng Auto Holdings, holds 46.18% of the shares, amounting to 1,009,922,929 shares, with 694,700,000 shares pledged[143]. - The report indicates that there are no outstanding corporate bonds that have not been fully paid off as of the report date[154]. - The report shows a total of 33,097 common stock shareholders at the end of the reporting period[143]. Risks and Future Outlook - The company faces risks from macroeconomic fluctuations, rising energy prices, and international trade barriers, and is implementing strategies to mitigate these risks, including increasing domestic market sales and establishing overseas production bases[91][93]. - The company has a strategic focus on the development of new energy vehicle components to align with industry trends and reduce reliance on international markets[93]. - Future performance forecasts and plans may involve uncertainties and do not constitute a commitment to investors[5].

Financial Performance - The company's operating revenue for Q1 2018 was CNY 2,581,101,239.91, representing a 3.25% increase compared to CNY 2,499,802,666.17 in the same period last year[8]. - Net profit attributable to shareholders was CNY 225,500,493.48, up 12.77% from CNY 199,958,411.87 year-on-year[8]. - The net profit after deducting non-recurring gains and losses was CNY 204,090,075.80, reflecting a 3.53% increase from CNY 197,138,990.96 in the previous year[8]. - The basic earnings per share increased to CNY 0.10, an 11.11% rise from CNY 0.09 in the same quarter last year[8]. - The net profit attributable to shareholders for the first half of 2018 is expected to range from ¥55,324.07 million to ¥62,540.26 million, representing a year-on-year increase of 15.00% to 30.00%[23]. - The net profit for the first half of 2017 was ¥48,107.89 million, indicating significant growth in 2018[23]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 10,077,066,978.55, a slight increase of 0.28% from CNY 10,049,137,584.54 at the end of the previous year[8]. - The net assets attributable to shareholders reached CNY 6,209,046,988.35, marking a 3.33% increase from CNY 6,009,167,679.54 at the end of the last year[8]. - The total number of ordinary shareholders at the end of the reporting period was 27,208[11]. Cash Flow and Financial Activities - The net cash flow from operating activities was CNY 235,589,044.40, down 3.03% from CNY 242,957,042.77 in the same period last year[8]. - Cash and cash equivalents increased by 32.41% compared to the beginning of the year, mainly due to steady performance and increased receivables[18]. - Cash received from borrowings increased by 606.78%, an increase of 108.06 million yuan, mainly due to the company's expansion of project investments[18]. - Cash paid for debt repayment increased by 88.61% compared to the same period last year, mainly due to increased repayment of due bank loans[21]. Changes in Assets - Prepayments increased by 52.57% compared to the beginning of the year, primarily due to increased advance payments for aluminum ingots[18]. - Other current assets decreased by 68.44% compared to the beginning of the year, mainly due to the maturity and recovery of bank wealth management products purchased last year[18]. - Other non-current assets increased by 55.26% compared to the beginning of the year, mainly due to increased equipment payments made by subsidiary Jilin Wanfeng Aowei Turbine Co., Ltd.[18]. - Advance receipts increased by 94.48% compared to the beginning of the year, mainly due to increased advance payments from the parent company and Wanfeng Meiruiding Holdings Co., Ltd.[18]. Financial Expenses and Income - Interest payable increased by 159.93%, an increase of 3.82 million yuan, mainly due to increased bank borrowings[18]. - Financial expenses increased by 35.82% compared to the same period last year, mainly due to foreign exchange fluctuations leading to increased losses[18]. - Investment income increased by 77.61% compared to the same period last year, mainly due to reduced delivery losses from foreign exchange forward contracts[18]. Performance Improvement Factors - The company attributes the expected performance improvement to optimizing customer structure, the release of domestic lightweight magnesium alloy production capacity, and enhanced labor productivity and cost control[23].

Financial Performance - The company's operating revenue for 2017 was approximately ¥10.18 billion, representing a 7.29% increase compared to ¥9.49 billion in 2016[16] - The net profit attributable to shareholders for 2017 was approximately ¥900.56 million, a decrease of 5.99% from ¥957.96 million in 2016[16] - The net cash flow from operating activities decreased by 27.83% to approximately ¥969.55 million in 2017, down from ¥1.34 billion in 2016[16] - The total assets at the end of 2017 were approximately ¥10.05 billion, an increase of 8.19% from ¥9.29 billion at the end of 2016[17] - The net assets attributable to shareholders increased by 13.30% to approximately ¥6.01 billion at the end of 2017, compared to ¥5.30 billion at the end of 2016[17] - The basic earnings per share for 2017 were ¥0.41, a decrease of 6.82% from ¥0.44 in 2016[16] - The weighted average return on equity for 2017 was 15.96%, down from 20.53% in 2016[16] - The total operating revenue for 2017 reached ¥10,177,226,827.99, representing a year-on-year increase of 7.29% compared to ¥9,485,725,904.11 in 2016[47] - The revenue from aluminum alloy wheels accounted for 64.35% of total revenue, with a significant increase of 17.47% year-on-year, totaling ¥6,549,493,146.03[47] - The magnesium alloy die-casting products revenue decreased by 9.44% year-on-year, amounting to ¥2,635,176,371.45, which represents 25.89% of total revenue[48] - The gross profit margin for aluminum alloy wheels was 19.75%, showing a slight decrease of 3.32% from the previous year[49] - Domestic revenue increased by 10.82% year-on-year, reaching ¥3,958,540,859.34, while international revenue grew by 5.16% to ¥6,218,685,968.65[48] - The total operating costs for 2017 were ¥7,824,388,878.92, which is a 13.06% increase from ¥6,920,540,613.00 in 2016[54] Investments and Acquisitions - The company has expanded its business through acquisitions, including the purchase of a 100% stake in Wanfeng Magnesium in 2015, enhancing its lightweight magnesium alloy business[15] - The company plans to invest in a new project for producing 90,000 tons of chromium-free Dacromet coating in Jiaxing, Zhejiang Province[28] - The company has initiated a new production line with an annual capacity of 6 million high-strength aluminum wheels, which is expected to significantly reduce labor costs and improve efficiency[101] - The company plans to leverage opportunities in military-civilian integration and smart manufacturing through mergers and acquisitions[92] - The company is actively pursuing mergers and acquisitions to strengthen its market position and diversify its product portfolio[179] Research and Development - The company invested 276 million RMB in R&D in 2017, a year-on-year increase of 12.72%, resulting in 110 new patents and recognition as a national intellectual property advantage enterprise[43] - The company developed over 600 new products in the aluminum alloy wheel business, with more than 200 entering mass production and over 80 new patents granted in 2017[33] - Investment in research and development is prioritized, with a budget allocation of approximately 5% of total revenue for innovation initiatives[182] - The company has implemented 2 national-level innovation projects and 3 provincial-level innovation projects[187] Market Position and Strategy - The company holds a 65% market share in the North American magnesium alloy deep processing market, positioning itself as a global leader in this sector[31] - The company aims to become a top global supplier of aluminum wheels, focusing on expanding into European and Japanese markets while enhancing its domestic market share[87] - The company aims to enhance market share and optimize its market system, focusing on expanding in Europe and Japan while consolidating its presence in North America and Southeast Asia[93] - The lightweight magnesium alloy business is expected to see significant growth, with a target to expand application in the transportation sector by 150,000 tons by 2020[90] Operational Efficiency - The company has initiated leadership training programs to enhance management capabilities among mid-level and senior staff, contributing to improved operational efficiency[44] - The company is focusing on expanding its market presence and enhancing its core competitiveness through continuous employee training and development initiatives[44] - The company aims to improve operational efficiency and reduce costs through innovative technologies and process optimization[180] Shareholder Returns and Dividends - The company plans to distribute a cash dividend of ¥3.00 per 10 shares, based on a total share capital of 2,186,879,678 shares as of December 31, 2017[5] - The company implemented a cash dividend distribution plan for 2017, distributing a cash dividend of 3.00 CNY per 10 shares, totaling 656,063,903.40 CNY, which accounts for 62.13% of the total distributable profit[112] - The company’s retained earnings available for distribution in 2017 amounted to 1,055,912,090.74 CNY, with a per-share distribution of 0.48 CNY[114] - The company has a clear and transparent cash dividend policy, ensuring that minority shareholders have the opportunity to express their opinions[109] Risk Factors - The company has faced risks including macroeconomic conditions, raw material price fluctuations, and rising labor costs, which may impact future performance[5] - The company is facing increased trade barriers, with anti-dumping duties imposed by the EU, Australia, and India, leading to a strategic shift towards enhancing domestic market sales and developing overseas production bases[103] - Export revenue accounted for over 50% of the company's main business income, making it sensitive to fluctuations in the RMB exchange rate, prompting strategies to mitigate risks[100] Corporate Governance - The company has maintained a strong commitment to corporate governance, ensuring the protection of shareholders' legal rights and timely debt repayment[158] - The company has established a governance structure that complies with the requirements of the Company Law and Securities Law, with no regulatory actions taken against it[200] - The remuneration decision process for directors and senior management involves a committee that bases evaluations on performance metrics and external audit data[191] Employee and Community Engagement - The company has established a mutual aid fund for employees to support those facing difficulties due to illness or disasters[150] - The company has implemented a talent strategy focused on employee health, safety, and satisfaction, adhering to relevant labor laws[150] - The training plan for employees includes professional skills training and managerial training, developed annually based on departmental needs[197] Future Outlook - Future outlook indicates a focus on expanding market presence and enhancing product offerings, with plans for new product development and technological advancements[179] - The company has set ambitious performance guidance for 2018, targeting a revenue growth of over 10% compared to 2017[179]