Financial Performance - The company's operating revenue for 2019 was approximately CNY 4.44 billion, representing a 9.20% increase compared to CNY 4.06 billion in 2018[14]. - The net profit attributable to shareholders for 2019 was approximately CNY 500 million, a significant increase of 64.68% from CNY 303.64 million in 2018[14]. - The net profit after deducting non-recurring gains and losses was approximately CNY 448.95 million, up 66.58% from CNY 269.52 million in the previous year[14]. - The basic earnings per share for 2019 was CNY 0.59, reflecting a 63.89% increase from CNY 0.36 in 2018[14]. - The total assets of the company at the end of 2019 were approximately CNY 5.98 billion, an increase of 15.37% from CNY 5.18 billion at the end of 2018[14]. - The net assets attributable to shareholders at the end of 2019 were approximately CNY 3.42 billion, a 7.82% increase from CNY 3.17 billion at the end of 2018[14]. - The company's cash flow from operating activities for 2019 was approximately CNY 606.94 million, a decrease of 6.51% compared to CNY 649.22 million in 2018[14]. - The weighted average return on net assets increased to 15.37%, up 5.33 percentage points from 10.04% in 2018[14]. - In 2019, the company's total operating revenue for the four quarters was approximately CNY 4.43 billion, with the highest revenue in Q3 at CNY 1.18 billion[16]. - The net profit attributable to shareholders for the year was CNY 500 million, with Q3 showing the highest quarterly profit of CNY 177 million[16]. - The company reported a gross profit increase of 56.68%, attributed to the recovery of investments in downstream oil and gas industries and improved internal management[35]. Research and Development - The company has a strong R&D team of 336 personnel, including 27 senior engineers and 3 experts receiving special government allowances[25]. - Research and development investment increased by 15.30% to approximately CNY 178 million, reflecting the company's commitment to innovation and product optimization[35]. - The company established its first overseas R&D center in Leeds, UK, focusing on corrosion behavior of alloy materials in various industrial applications[32]. - The company conducted 24 research projects, including the manufacturing process study of hexagonal jacket tubes for demonstration fast reactors[53]. - The company is committed to technological development and innovation in the field of high-quality special alloy materials[76]. - The company plans to enhance R&D efforts, focusing on high-end equipment manufacturing and new materials to overcome core technology challenges[88]. Market and Sales - The company has been a leader in the domestic stainless steel pipe industry, contributing to the development of national standards[24]. - The company has developed a diverse product range, including various types of stainless steel pipes and special alloys, filling gaps in the domestic market[28]. - The company aims to achieve a sales target of 110,000 tons for industrial stainless steel pipes and 6,000 tons for pipe fittings in 2020[88]. - The company is focusing on expanding its market presence and enhancing its product offerings in response to competitive pressures[80]. - The company plans to expand its market presence in Southeast Asia, targeting a 20% market share by 2022[160]. - The company is exploring new markets and customers in industries such as solar thermal and hydrogen energy to drive growth[88]. Investments and Projects - The company has invested in a project to produce 5,500 KM of precision pipes for nuclear power, semiconductors, pharmaceuticals, and instrumentation[20]. - The precision pipe project for nuclear power and semiconductor applications has seen cumulative investments of ¥270,790,086.39, with a completion rate of 50%[66]. - The company has made strategic investments in Yongxing Materials, impacting its equity assets[23]. - The company plans to invest up to ¥600,000,000 in Yongxing Materials within the next 12 months to strengthen their partnership[65]. - The company completed a production volume of 94,500 tons and sales volume of 95,200 tons of steel pipes in 2019, achieving new highs in production and sales[31]. Dividend Policy - The company plans to distribute a cash dividend of CNY 3.00 per 10 shares to all shareholders[4]. - In 2019, the cash dividend amount accounted for 50.49% of the net profit attributable to shareholders, which was 500,039,876.37 yuan[99]. - The cash dividend policy stipulates that the annual cash distribution should not be less than 10% of the distributable profit for the year, with a cumulative distribution of at least 30% over three years[96]. - The company has consistently maintained a clear and transparent dividend distribution policy, ensuring the protection of minority shareholders' rights[97]. Environmental Compliance - The company is classified as a key pollutant discharge unit by environmental protection authorities[128]. - The company reported a total pollutant discharge of 34.30 tons/year for chemical oxygen demand, which is below the approved limit of 57.2 tons/year[129]. - The ammonia nitrogen discharge was 2.858 tons/year, significantly lower than the approved limit of 5.72 tons/year[129]. - The company has invested in environmental protection facilities to ensure compliance with national standards, with no major environmental issues reported during the period[129]. - The company has established an emergency response plan for environmental incidents, ensuring preparedness for potential pollution accidents[132]. Corporate Governance - The company emphasizes shareholder rights protection, ensuring compliance with legal procedures in shareholder meetings and providing online voting platforms for minority shareholders[126]. - The company maintained an independent business system, with no overlap in personnel or assets with the controlling shareholder, ensuring operational independence[173]. - The audit opinion for the financial statements was a standard unqualified opinion, issued on March 28, 2020[194]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period[141]. - The company has a reasonable board structure and a management team with rich industry experience[182]. Financial Health - The current ratio decreased to 242.75% in 2019 from 368.98% in 2018, a decline of 126.23%[150]. - The asset-liability ratio increased to 40.40% in 2019 from 36.51% in 2018, reflecting a 3.89% rise[150]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2019, representing a year-over-year growth of 10%[160]. - The gross profit margin improved to 25% in 2019, up from 22% in the previous year, indicating better cost management and pricing strategies[160]. - The company reported a net profit of 300 million RMB for 2019, with a net profit margin of 20%[160].

浙江久立特材科技股份有限公司 2018 年第三季度报告正文 | 证券代码：002318 | 证券简称：久立特材 | 公告编号：2018-072 | | --- | --- | --- | | 债券代码：128019 | 债券简称：久立转2 | | 浙江久立特材科技股份有限公司 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。 公司负责人李郑周、主管会计工作负责人杨佩芬及会计机构负责人(会计主管人员)陆海 琴声明：保证季度报告中财务报表的真实、准确、完整。 第二节 公司基本情况 一、主要会计数据和财务指标 公司无需追溯调整或重述以前年度会计数据 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 4,915,920,619.60 | 4,950,982,443.95 | | -0.71% | | 归属于上市公司股东 ...

浙江久立特材科技股份有限公司 2018 年半年度报告全文 浙江久立特材科技股份有限公司 Zhejiang JIULI Hi-tech Metals Co., Ltd. （浙江省湖州市双林镇镇西） 2018 年半年度报告 二零一八年八月 1 浙江久立特材科技股份有限公司 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。 公司负责人李郑周、主管会计工作负责人杨佩芬及会计机构负责人(会计主 管人员)陆海琴声明：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。 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 | | | | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 5 | | 第三节 | 公司业务概要 8 | | 第四节 | 经营情况讨论与分析 11 | | 第五节 | 重要事项 25 | | 第六节 | 股份变动及股东情况 35 | | ...

浙江久立特材科技股份有限公司 2018 年第一季度报告正文 | 证券代码：002318 | 证券简称：久立特材 | 公告编号：2018-019 | | --- | --- | --- | | 债券代码：128019 | 债券简称：久立转2 | | 浙江久立特材科技股份有限公司 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。 公司负责人李郑周、主管会计工作负责人杨佩芬及会计机构负责人(会计主管人员)陆海琴声明：保证 季度报告中财务报表的真实、准确、完整。 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：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） | 892,794,386.25 | 653,564,681.83 | 36.60% | | 归属于上市公司股东的净利润（元） | 4 ...

Profit Distribution - The company reported a profit distribution plan of 1.5 RMB per 10 shares, based on a total of 841,505,932 shares, with no stock bonus[5]. - The cash dividend proposal for 2017 is set at ¥1.5 per 10 shares, totaling ¥126,225,889.80, which represents 100% of the distributable profit[135][137]. - The company has a clear profit distribution order, prioritizing loss compensation and legal reserve fund allocation before distributing dividends to shareholders[125]. - The company has a policy to distribute at least 10% of the annual distributable profit as cash dividends, with a cumulative distribution of no less than 30% over three years[128]. - In 2016, the company distributed cash dividends of ¥50,490,355.92, which accounted for 30.10% of the net profit attributable to ordinary shareholders[134]. - The cash dividend for 2015 was ¥16,830,118.64, representing 13.71% of the net profit attributable to ordinary shareholders[134]. Financial Performance - The company's operating revenue for 2017 was ¥2,833,002,974.92, representing a 5.00% increase compared to ¥2,698,103,712.34 in 2016[22]. - The net profit attributable to shareholders decreased by 20.23% to ¥133,824,225.66 in 2017 from ¥167,766,686.78 in 2016[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥111,753,893.60, down 24.60% from ¥148,207,011.50 in 2016[22]. - The net cash flow from operating activities was negative at -¥122,243,319.88, a decline of 139.88% compared to ¥306,546,644.79 in 2016[22]. - Total assets increased by 27.69% to ¥4,950,982,443.95 at the end of 2017, up from ¥3,877,254,166.46 at the end of 2016[22]. - The net assets attributable to shareholders rose by 10.84% to ¥2,897,433,936.77 at the end of 2017, compared to ¥2,614,122,786.70 at the end of 2016[22]. - The company reported a basic and diluted earnings per share of ¥0.16, a decrease of 20.00% from ¥0.20 in 2016[22]. - The weighted average return on equity was 5.02%, down 1.60 percentage points from 6.62% in 2016[22]. Business Operations - The main business includes the R&D, production, and sales of industrial stainless steel pipes and special alloy pipes, which are crucial for national energy security and advanced equipment manufacturing[12]. - The company emphasizes the importance of stable supply and quality of high-end raw materials, primarily sourced from major domestic steel enterprises[13]. - The company operates in industries that are sensitive to macroeconomic conditions, which may lead to fluctuations in operating performance[12]. - The company has maintained its leading position in the domestic industrial stainless steel pipe industry, focusing on high-performance materials for energy equipment[32]. - The main business includes the R&D, production, and sales of industrial stainless steel pipes and special alloy pipes, with significant contributions to the nuclear power and oil and gas industries[32]. - The company has an annual production capacity of 100,000 tons of industrial stainless steel pipes, maintaining the largest market share in the domestic industry[37]. Research and Development - The company completed 48 research projects in 2017, with 22 projects passing acceptance and 14 patents granted, including 5 invention patents[44]. - Research and development expenses increased by 20.45% to CNY 11,961.31 million in 2017, up from CNY 9,930.55 million in 2016[49]. - The company has established a strong research and development platform, including a national recognized enterprise technology center and various research stations[35]. - Total R&D investment increased by 20.45% to 119,613,066.49 CNY, accounting for 4.22% of operating revenue, up from 3.68% in 2016[73]. Market and Sales - Domestic sales accounted for 78.57% of total revenue in 2017, a significant increase of 25.43% from the previous year[52]. - The total sales volume of seamless pipes increased by 8.71% to 42,757 tons in 2017, compared to 39,330 tons in 2016[56]. - Seamless pipe sales volume increased by 8.71% to 42,757 tons in 2017, while the average selling price decreased by 0.43% to 38,021 CNY/ton[64]. - Welded pipe sales volume decreased by 4.98% to 33,408 tons, with the average selling price declining by 7.18% to 23,821 CNY/ton[65]. - The revenue from the oil, chemical, and natural gas sector was CNY 1,436,861,935.77, accounting for 50.72% of total revenue, with a year-on-year increase of 4.77%[51]. Investments and Financing - The company successfully issued convertible bonds, raising 1.04 billion RMB, to invest in precision pipe projects for nuclear power, semiconductors, and aerospace[46][47]. - The company issued 10,400,000 convertible bonds at a price of 100 RMB per bond on November 8, 2017, with trading commencing on December 1, 2017[196]. - The company has pledged assets totaling CNY 209,468,191.91 as collateral for bank financing, including cash and fixed assets[85]. - The company holds a 17.65% stake in Andian Technology, with an investment amount of CNY 22,500,000.00, indicating strategic investment in technology development[88]. - The company utilized CNY 20,000.00 million of idle funds to temporarily supplement working capital and invested CNY 30,000.00 million in financial products[93]. Environmental Responsibility - The company has invested in environmental protection facilities, ensuring that all emissions meet national standards and there are no significant environmental issues[180]. - The company reported a total discharge of Chemical Oxygen Demand (COD) at 10,900 tons, which is below the approved limit of 57,200 tons, indicating compliance with pollution discharge standards[179]. - The company emitted 27,000 tons of nitrogen oxides, which is within the regulatory limit of 2,150 mg/m3[179]. - The company has ongoing projects for environmental impact assessments, with approvals from local environmental authorities for various projects since 2014[181]. - The company has established a self-monitoring plan for environmental emissions, ensuring compliance with relevant regulations through third-party monitoring[183]. Corporate Governance - The company has established a comprehensive profit distribution policy, ensuring sustainable returns to shareholders while complying with legal regulations[124]. - The board of directors must approve the profit distribution plan, which requires a majority vote and two-thirds approval from independent directors[129]. - The company has committed to ensuring that minority shareholders have ample opportunity to express their opinions and that their rights are protected[130]. - The company has not faced any major litigation or arbitration matters during the reporting period[147]. - The company has maintained its accounting firm, Tianjian Accounting Firm, for 13 consecutive years, with an audit fee of CNY 960,000[144]. Shareholder Structure - The total number of shareholders at the end of the reporting period was 57,176, an increase from 54,202 at the end of the previous month[199]. - Jiu Li Group holds 37.85% of the shares, totaling 318,512,086 shares, with 222,350,000 shares pledged[199]. - The top ten shareholders include Jiu Li Group, Guo Xin Securities, and China Property Insurance, with their respective holdings of 318,512,086, 11,380,000, and 10,484,333 shares[200]. - The company’s shareholder structure remains stable with no significant changes reported[198].