Financial Performance - The company's operating revenue for Q1 2020 was ¥1,576,935,176.20, representing a 29.50% increase compared to the same period last year[8]. - The net profit attributable to shareholders for Q1 2020 was ¥6,518,663.74, which is a 39.84% increase year-on-year[8]. - The basic earnings per share for Q1 2020 was ¥0.0034, reflecting a 41.67% increase from ¥0.0024 in the same period last year[8]. - The gross profit margin improved significantly, leading to an operating profit of CNY 11,907,468.86, a 306.01% increase from CNY 2,932,835.12[27]. - The company reported a net profit attributable to shareholders of CNY 6,518,663.74, a 39.84% increase from CNY 4,661,379.89 in the previous year[27]. - The company reported a total comprehensive income of ¥9,227,611.04 for the current period, compared to ¥3,745,968.15 in the previous period, showing a significant increase[80]. Assets and Liabilities - The total assets at the end of the reporting period were ¥16,782,105,528.58, showing a slight increase of 0.04% from the previous year[8]. - The net assets attributable to shareholders at the end of the reporting period were ¥6,677,172,241.42, up 0.18% from the previous year[8]. - Current liabilities totaled CNY 9,755,320,855.90, showing a marginal increase from CNY 9,754,162,016.71[61]. - The total liabilities decreased slightly to CNY 10,165,724,713.58 from CNY 10,169,455,099.05, a decrease of about 0.04%[61]. - The total equity attributable to shareholders increased to CNY 6,677,172,241.42 from CNY 6,665,129,802.97, reflecting a growth of approximately 0.18%[64]. Cash Flow - The net cash flow from operating activities for Q1 2020 was -¥235,960,488.43, indicating a decline compared to -¥179,205,722.89 in the same period last year[8]. - Cash inflow from operating activities totaled 1,646,486,389.43, an increase from 1,561,287,820.95 in the previous period[92]. - Cash outflow from operating activities amounted to 1,882,446,877.86, compared to 1,740,493,543.84 in the previous period, leading to a net cash flow from operating activities of -235,960,488.43[92]. - The ending cash and cash equivalents balance is 963,096,847.00, down from 1,192,419,940.79 at the beginning of the period[94]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,587[13]. - The largest shareholder, Dalian Heavy Industry Group Co., Ltd., held 55.71% of the shares[13]. Research and Development - Research and development expenses surged by 5,380.94% to CNY 25,356,524.10, driven by increased investment in port machinery and lifting machinery projects[25]. - Research and development expenses increased to ¥25,356,524.10 from ¥462,630.91, highlighting a focus on innovation and new technology[74]. Compliance and Governance - The company has no reported instances of non-compliance with external guarantees during the reporting period[49]. - The company strictly adhered to commitments made regarding avoiding competition with its controlling shareholders and related parties[39]. Revenue Recognition - The company adopted new revenue recognition standards effective January 1, 2020, impacting the classification of accounts receivable and prepayments[113]. - The company reported a significant adjustment in accounts receivable, decreasing by 1,814,066,002.53 due to the implementation of new revenue recognition standards[103].

Financial Performance - The company's operating revenue for 2019 was CNY 7,210,395,220.74, an increase of 9.72% compared to CNY 6,571,486,482.40 in 2018[24] - The net profit attributable to shareholders of the listed company was CNY 49,627,317.29, representing a significant increase of 222.41% from CNY 15,392,822.29 in the previous year[24] - The net cash flow from operating activities reached CNY 802,241,469.97, a remarkable increase of 2,403.32% compared to CNY 32,047,039.53 in 2018[24] - Basic earnings per share were CNY 0.03, up 200.00% from CNY 0.01 in 2018[24] - Total assets at the end of 2019 amounted to CNY 16,775,730,564.57, an increase of 8.25% from CNY 15,496,830,115.00 at the end of 2018[24] - The net assets attributable to shareholders of the listed company were CNY 6,665,129,802.97, a slight increase of 1.11% from CNY 6,591,639,904.96 in 2018[24] - The total profit amounted to 50.97 million yuan, with a significant increase of 277.94% compared to the previous year[52] - The company reported a negative net profit of CNY 13,019,658.52 after deducting non-recurring gains and losses, an improvement from a loss of CNY 85,592,901.38 in 2018[24] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.3 per 10 shares based on a total share capital of 1,931,370,032 shares as of December 31, 2019[5] - The company distributed cash dividends of 0.30 CNY per 10 shares, totaling 57,941,100.96 CNY for the fiscal year 2019, which represents 100% of the distributable profit[158] - The cash dividend amount for 2018 was 48,284,250.80 CNY, which accounted for 313.68% of the net profit attributable to ordinary shareholders[158] - In 2017, the cash dividend was 19,313,700.32 CNY, representing 76.28% of the net profit attributable to ordinary shareholders[158] - The actual distributable profit for 2019 was 1,089,520,076.21 CNY[158] - The company has adhered to the cash dividend policy as per the regulations set by the China Securities Regulatory Commission[155] - The company has not made any adjustments to its cash dividend policy during the reporting period[155] Research and Development - The company completed over 70 R&D projects during the reporting period, obtaining 51 patents and 28 software copyrights[46] - The company conducted over 70 technical projects, with R&D investment totaling ¥515 million, focusing on product intelligence upgrades and environmental industry expansion[79] - Research and development expenses increased by 29.68% to ¥514,558,255.96, driven by new projects in tailings treatment and metallurgical machinery[78] - The R&D personnel count was 688, representing 12.41% of the total workforce, indicating a slight increase in R&D focus[82] - The company holds 487 valid patents, including 261 invention patents, showcasing its technological leadership[46] Market and Sales Performance - Domestic sales accounted for ¥6,128,213,238.21, or 84.99% of total revenue, with a year-on-year growth of 7.38%[65] - Overseas sales increased by 25.19% to ¥1,082,181,982.53, making up 15.01% of total revenue[65] - The international market expansion resulted in a 40% increase in exports from seven units, including the crankshaft and complete equipment companies[52] - The revenue from the metallurgical machinery segment decreased by 9.16% to ¥1,824,693,187.98, with a gross profit margin of 29.11%[62] - The revenue from the "other" category surged by 190.04% to ¥351,671,178.89, indicating significant growth in this segment[62] Operational Efficiency - The comprehensive energy consumption per unit of output decreased year-on-year, indicating effective energy management strategies[53] - The company achieved a year-on-year increase of 3% in per capita self-manufacturing hours, reflecting improved operational efficiency[53] - The company's internal fulfillment rate improved year-on-year due to enhanced production planning and management, with a focus on standardizing key product operations[53] - Fixed costs as a percentage of sales revenue decreased year-on-year, demonstrating effective cost control measures[53] - The company achieved a significant reduction in downtime due to enhanced preventive maintenance of equipment, leading to improved operational reliability[53] Strategic Initiatives - The company is transitioning to a dual-driven growth model of "traditional products + new products" to foster new growth points[38] - The company plans to accelerate the integration of production and finance to support new industry expansion and promote financial innovation tools for industrial upgrades[38] - The company aims to develop into an international service-oriented manufacturing group focused on high-end major equipment by 2025[115] - The company plans to implement a high-end manufacturing strategy, focusing on high-tech, high-value-added products, and core component localization[116] - The company is focusing on strategic planning to guide long-term development, including internationalization and green initiatives[2] Risk Management - The company faced significant risks from macroeconomic fluctuations and changes in the industry environment, which could adversely affect market demand for its products and services[140] - Raw material price fluctuations pose a risk, as costs for steel, castings, and energy constitute a high percentage of total costs, potentially impacting sales pricing and operational stability[141] - Increased competition in the heavy machinery industry may lead to reduced profitability in traditional business areas such as hoisting and unloading machinery[142] - A comprehensive risk management framework is being developed to identify and control risks throughout the company's operations, particularly in sensitive project areas[132] Compliance and Governance - The company emphasizes the importance of compliance management and enhancing information disclosure quality to ensure legal and regulatory adherence[3] - The company is committed to improving economic operation quality and efficiency by controlling fixed costs and accelerating asset turnover to enhance profitability[145] - The company has maintained compliance with the commitments made by its controlling shareholders regarding avoiding competition[159] - The company received an "A" rating for its information disclosure practices, reflecting its commitment to transparency and governance[58] Legal and Arbitration Matters - The company reported a total claim amount of AUD 32,898,858.18 to be paid to the international trade subsidiary due to arbitration results[198] - The arbitration court ruled that the company must pay a total of CNY 101,053,407 related to a guarantee dispute, which was deemed a violation of the supply contract[198] - The company faced a lawsuit regarding a counterclaim amounting to CNY 10 million, which is pending resolution[197] - The company is actively pursuing legal actions to recover amounts owed and address counterclaims from partners[198] - The company reported a significant increase in legal and arbitration costs due to ongoing disputes[198]

Financial Performance - Operating revenue for the reporting period was ¥1,652,534,885.06, representing a year-on-year increase of 48.98%[7] - Net profit attributable to shareholders was ¥17,146,738.51, a significant recovery from a loss of ¥24,446,577.93 in the same period last year[7] - The net cash flow from operating activities was ¥432,196,932.05, compared to a negative cash flow of ¥417,445,931.83 in the previous year[7] - Basic earnings per share for the period were ¥0.0089, recovering from a loss of ¥0.0127 per share in the same period last year[7] - The company's operating profit improved to ¥39,701,647.79 from a loss of ¥167,285,749.33 in the previous year, reflecting enhanced market competitiveness[25] - The net profit for the current period was ¥2,662,220.48, a significant recovery from a net loss of ¥81,550,263.83 in the same period last year[86] - The total profit for the current period is ¥31,870,639.98, compared to a total loss of ¥165,067,906.32 in the previous period[92] - The company reported a total comprehensive income of ¥18,867,588.82, compared to a loss of ¥154,095,722.75 in the previous period[96] Assets and Liabilities - Total assets at the end of the reporting period reached ¥16,545,124,116.87, an increase of 6.76% compared to the previous year[7] - Total current assets increased to ¥13,022,673,267.81 as of September 30, 2019, up from ¥11,938,725,864.57 in December 31, 2018, representing a growth of approximately 9.1%[56] - Total liabilities increased significantly, with cash outflows for debt repayment rising by 225% to ¥650,000,000.00[28] - Total liabilities rose to ¥9,940,744,406.48, compared to ¥8,949,683,053.54, which is an increase of approximately 11.1%[59] - The company's total assets reached ¥16,545,124,116.87, up from ¥15,496,830,115.00, reflecting a growth of about 6.8%[62] - The equity attributable to shareholders increased to ¥6,653,598,450.87 from ¥6,591,639,904.96, showing a rise of approximately 0.9%[62] Cash Flow - Cash and cash equivalents increased by 54.68% to ¥1,332,512,328.13 due to higher sales collections and reduced procurement payments[22] - The company's cash flow from operating activities turned positive at ¥417,445,931.83, compared to a negative cash flow of ¥486,234,083.66 in the previous year[25] - Operating cash inflow totaled CNY 6,022,405,356.67, an increase from CNY 4,308,296,966.04 in the previous period[114] - Cash outflow for debt repayment increased significantly to CNY 650,000,000.00 from CNY 200,000,000.00 in the previous year[116] Research and Development - R&D expenses surged by 134.84% to ¥44,598,064.36 as the company increased investment in energy-saving and environmentally friendly technologies[25] - Research and development expenses for the quarter were ¥38,269,304.39, significantly higher than ¥13,893,019.62 in the same quarter last year, indicating a focus on innovation[73] - Research and development expenses increased to ¥44,598,064.36, up from ¥18,990,750.54, reflecting a growth of 134.0% year-over-year[89] Shareholder Information - The company reported a total of 42,698 common shareholders at the end of the reporting period[11] - The largest shareholder, Dalian Heavy Industry Group Co., Ltd., held 55.71% of the shares, totaling 1,075,898,974 shares[11] Compliance and Governance - The company has no violations regarding external guarantees during the reporting period[45] - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[46] - The company did not engage in entrusted financial management during the reporting period[47] - The company has committed to avoiding competition with its controlling enterprises, effective since December 27, 2011[40] - The company has maintained strict compliance with its commitments made in the acquisition report[40] Other Notable Events - The company received a quality award from the Dalian Municipal Government, amounting to 2 million RMB, which will be recognized as other income in the current fiscal year[30] - The company attempted to sell the Dazhong Hotel assets with a minimum listing price of 60.91 million RMB, but the sale did not attract any qualified buyers by the end of the listing period[33]

Financial Performance - The company's operating revenue for the first half of 2019 was approximately ¥2.74 billion, representing a 30.16% increase compared to ¥2.11 billion in the same period last year[25]. - The net profit attributable to shareholders of the listed company was approximately ¥7.30 million, a significant recovery from a loss of ¥46.77 million in the previous year[25]. - The net cash flow from operating activities was negative at approximately -¥14.75 million, an improvement from -¥421.45 million in the same period last year[25]. - Total assets at the end of the reporting period were approximately ¥16.13 billion, reflecting a 4.09% increase from ¥15.50 billion at the end of the previous year[25]. - The net assets attributable to shareholders of the listed company were approximately ¥6.65 billion, a slight increase of 0.85% from ¥6.59 billion at the end of the previous year[25]. - The company reported a basic earnings per share of ¥0.0038, compared to a loss of ¥0.0242 per share in the same period last year[25]. - The weighted average return on net assets was 0.11%, recovering from -0.71% in the previous year[25]. - The total profit amounted to RMB 10.686 million, with a net profit attributable to shareholders of RMB 7.2998 million, resulting in a basic earnings per share of RMB 0.0038[48]. - The company reported a net cash flow from operating activities of RMB -14.751 million, an improvement from RMB -421.453 million in the previous year[49]. - The total revenue for the reporting period reached RMB 2,742,266,427.97, representing a 30.16% increase compared to RMB 2,106,774,747.80 in the same period last year[59]. Investment and Assets - Research and development investment increased by 24.15% to RMB 6.329 million, reflecting the company's commitment to innovation[49]. - The company maintained a stable core competitiveness with no significant changes in major assets during the reporting period[43]. - The company reported a significant increase in port machinery revenue, which surged by 704.84% to RMB 233,025,146.61[59]. - The inventory level rose to RMB 4,138,352,732.89, representing 25.66% of total assets, an increase of 3.13% from the previous year[64]. - The company experienced a decrease in accounts receivable, which stood at RMB 4,549,708,734.75, accounting for 28.21% of total assets, down by 2.17%[64]. - The total investment during the reporting period was RMB 91,517,050.57, representing a 109.89% increase compared to RMB 43,601,867.71 in the same period last year[73]. - The company's financial assets totaled RMB 188,279,241.37 at the end of the period, with a fair value change gain of RMB 256,888.49[70]. - The company reported no significant changes in the measurement attributes of major assets during the reporting period[70]. Challenges and Risks - The company is exposed to macroeconomic fluctuations and industry operational environment changes, which significantly impact demand in key sectors[92]. - The company faces risks from raw material price fluctuations, which can affect the pricing of main products due to high material cost proportions[93]. - Increased competition in the heavy machinery industry may lead to reduced profitability in traditional business areas[94]. Strategic Initiatives - The company is focusing on expanding into new profit growth areas such as renewable energy and logistics, while enhancing traditional product lines[37]. - The company plans to accelerate the integration of production and finance to support the development of new industries[37]. - The company is committed to improving economic operation quality and efficiency by controlling fixed costs and enhancing asset turnover[99]. - The company aims to leverage internationalization and smart upgrades to mitigate risks and enhance product quality[99]. - The company is enhancing product cost optimization through lean management and target cost management, focusing on standardization and modularization of key products like stackers and cranes[100]. - The company is implementing an international business strategy, closely tracking "Belt and Road" projects to deepen engagement in key markets and extend high-value services along the supply chain[100]. - The company is actively targeting the existing service market, enhancing top-level design to expand after-sales services in areas like coke ovens and cranes, aiming to increase operational scale and efficiency through high-margin services[100]. - The company is strengthening technological innovation in areas such as intelligent coke ovens and unmanned unloading machines, aiming to meet user demands for smart and environmentally friendly solutions[100]. Corporate Governance and Compliance - The company plans to not distribute cash dividends or issue bonus shares for the half-year period[104]. - The company has not undergone any bankruptcy reorganization during the reporting period[109]. - The company has maintained a high investor participation rate in its shareholder meetings, with participation rates around 62%[103]. - The company's half-year financial report has not been audited[108]. - The company has no media scrutiny or penalties during the reporting period[126][127]. - The company and its controlling shareholders have maintained a good integrity status, with no significant unpaid court judgments or large debts due[128]. Related Party Transactions - The company reported a procurement transaction with a related party, Dalian Rubber Plastic Machinery Co., Ltd., amounting to 306.37 million yuan, which accounted for 0.14% of similar transaction amounts[130]. - A procurement transaction with a related party, Wafangdian Bearing Group Co., Ltd., was recorded at 2,899.02 million yuan, representing 1.31% of similar transaction amounts[130]. - The company engaged in a procurement transaction with a related party, Huari Wind Power Technology (Group) Co., Ltd., for 644.39 million yuan, which accounted for 0.29% of similar transaction amounts[130]. - The company confirmed that actual transactions with related parties did not exceed the board-approved transaction limits during the reporting period[138]. Environmental and Social Responsibility - The company reported no significant environmental protection issues and is not listed as a key pollutant discharge unit by environmental authorities[176]. - The total emissions of benzene from the company’s main site were 294.372 mg, well within the approved discharge limits[176]. - The company has implemented a wastewater treatment system using biochemical methods to ensure stable and compliant discharge[186]. - The company provided financial assistance of 80,000 RMB to poverty alleviation efforts in Guizhou Province in the first half of 2019[190]. - The company plans to continue its poverty alleviation initiatives in the second half of 2019, focusing on financial, industrial, and consumption support projects[194].

大连华锐重工集团股份有限公司 2019 年第一季度报告 2019 年 4 月 大连华锐重工集团股份有限公司 2019 年第一季度报告全文 1 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：保证季度报告中财务报表的真实、准确、完整。 大连华锐重工集团股份有限公司 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 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|---------------------------------|-----------------------------------------| | □ 是 √ 否 | 本 ...

大连华锐重工集团股份有限公司 2018 年年度报告 2019 年 4 月 大连华锐重工集团股份有限公司 2018 年年度报告全文 1 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：保证年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次年报的董事会会议 未亲自出席董事姓名 未亲自出席董事职务 未亲自出席会议原因 被委托人姓名 刘雯 董事 公务 田长军 本报告中涉及的未来发展等前瞻性陈述，属于计划性事项，不构成公司对 投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识，并且 应当理解计划、预测与承诺之间的差异。 公司在本报告第四节"经营情况讨论与分析"中"九、公司未来发展的展 望-（ 五 ）公司面临的主要风险因素及对策措施"部分，详细描述了公司经营 中可能存在的风险及应对措施，敬请投资者关注相关内容。 公司经本次董事会审议通过的利润分配预案为：以 201 ...

2018 年 10 月 大连华锐重工集团股份有限公司 2018 年第三季度报告正文 证券代码：002204 证券简称：大连重工 公告编号：2018-056 大连华锐重工集团股份有限公司 2018 年第三季度报告正文 第一节 重要提示 大连华锐重工集团股份有限公司 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 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：保证季度报告中财务报表的真实、准确、完整。 1 | | 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） | 16,097,229,580.06 | 15,263,595,915.80 | | 5.46% | | 归属于上市公司股东的净资产 ...

大连华锐重工集团股份有限公司 2018 年半年度报告 2018 年 8 月 大连华锐重工集团股份有限公司 2018 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：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。 本报告中涉及的经营业绩预计等前瞻性陈述，属于计划性事项，不构成公 司对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识， 并且应当理解计划、预测与承诺之间的差异。 公司请投资者认真阅读本半年度报告全文，并特别注意相关风险，具体内 容详见本报告第四节"经营情况讨论与分析"之"十、公司面临的风险和应对 措施"。 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 ...

大连华锐重工集团股份有限公司 2018 年第一季度报告正文 证券代码：002204 证券简称：大连重工 公告编号：2018-027 大连华锐重工集团股份有限公司 2018 年第一季度报告正文 2018 年 4 月 1 大连华锐重工集团股份有限公司 2018 年第一季度报告正文 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：保证季度报告中财务报表的真实、准确、完整。 2 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 571,742,303.43 | 1,019,770,225.86 | -43.93% | | 归属于上市公司股东的净利润（元） | -68,295,604.52 | 3,859,061.00 | -1,869.75% | | 归属于上市公司股东的扣除非 ...

大连华锐重工集团股份有限公司 2017 年年度报告 2018 年 4 月 大连华锐重工集团股份有限公司 2017 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。 公司负责人丛红、主管会计工作负责人陆朝昌及会计机构负责人(会计主管 人员)王世及声明：保证年度报告中财务报告的真实、准确、完整。 除下列董事外，其他董事亲自出席了审议本次年报的董事会会议 | | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | --- | | 戴大双 | | 独立董事 | 公务 | 杨波 | 本报告中涉及的未来发展等前瞻性陈述，属于计划性事项，不构成公司对 投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认识，并且 应当理解计划、预测与承诺之间的差异。 公司在本报告第四节"经营情况讨论与分析"中"九、公司未来发展的展 望-（ 五 ）公司面临的主要风险因素及对策措施"部分，详细描述了公司 ...