Financial Performance - The company's operating revenue for 2019 was ¥1,995,928,403.29, representing a 38.63% increase compared to ¥1,439,705,218.49 in 2018[6]. - The net profit attributable to shareholders for 2019 was ¥156,839,940.44, a significant increase of 112.53% from ¥73,796,103.57 in 2018[6]. - The net profit after deducting non-recurring gains and losses reached ¥128,769,800.61, up 188.58% from ¥44,622,611.05 in 2018[6]. - The net cash flow from operating activities improved to ¥350,693,852.66, a 293.78% increase from -¥180,970,933.69 in 2018[6]. - The total assets at the end of 2019 were ¥3,561,087,508.54, reflecting a 23.65% increase from ¥2,879,871,876.62 at the end of 2018[6]. - The company's basic earnings per share for 2019 was ¥0.47, up 113.64% from ¥0.22 in 2018[6]. - The weighted average return on equity for 2019 was 8.10%, an increase from 4.04% in 2018[6]. - In 2019, the company achieved total operating revenue of CNY 1,999,236,209.20, representing a year-on-year increase of 38.20% due to increased contract revenue[44]. - The company's net profit attributable to shareholders reached CNY 15,683,99, with a year-on-year growth of 112.53%[44]. - The total assets of the company as of December 31, 2019, amounted to CNY 356,108.75 million, an increase of 23.65% compared to the previous year[44]. Dividend and Shareholder Information - The company plans to distribute a cash dividend of 1.5 RMB per 10 shares to all shareholders, based on a total of 334,992,000 shares[4]. - The company reported a net profit attributable to the parent company of CNY 156,839,940.44 for 2019, with a proposed cash dividend of CNY 50,248,800.00, representing 32.04% of the net profit[120]. - The cash dividend for 2019 is set at CNY 1.50 per 10 shares, with a total cash distribution amounting to CNY 110,224,594.45, which includes other cash distributions[120]. - The company has not proposed any stock dividends or capital reserve transfers in the recent profit distribution plans[117]. - The company is committed to maintaining a cash dividend ratio of at least 80% in its profit distribution strategy, reflecting its mature development stage[120]. Business Operations and Strategy - The company operates primarily in the non-metallic building materials sector, focusing on various types of water supply and drainage pipes, energy-saving heating pipes, and irrigation products[26]. - The company’s business model is order-driven, relying on the acquisition of contracts to drive revenue growth[26]. - The company launched a new TPEP steel pipe product, expanding its product range[27]. - The company has developed a unique competitive advantage in the water conservancy industry, with capabilities in engineering surveying, design, consulting, and general contracting[31]. - The company is focused on expanding its market presence through strategic partnerships and new project bids[54]. - The company aims to enhance market share by expanding into new markets and fields[106]. - The company is expanding into the engineering consulting sector following the acquisition of a water resources design institute, which increases management demands and associated risks[109]. - The company plans to enhance product quality and efficiency through the development of new technologies, such as online automatic installation of pipe seals and radial extrusion processes[64]. Research and Development - Research and development investment increased to CNY 34,773,722.80, reflecting a growth of 38.20% compared to the previous year[45]. - The company is currently in the research phase for multiple new product developments, including large-diameter water supply pipes and green concrete[62]. - The company has reported a significant increase in investment income, amounting to ¥13,930,656.94, contributing 6.99% to total profit[70]. - The company is investing in research and development to innovate new products and technologies[192]. Risk Management - The company emphasizes the importance of risk awareness regarding potential impacts from COVID-19 and fluctuations in raw material supply and prices[4]. - The company faces risks related to raw material price fluctuations and supply chain disruptions, which could impact operational results[107]. - There is a risk of delayed supply under signed contracts due to uncertainties in project execution, which may affect the company's revenue recognition[108]. - The company has implemented measures to mitigate loan risks, including stricter loan review processes and enhanced internal audit supervision[110]. Corporate Governance and Compliance - The company has established strict compliance with relevant laws and regulations regarding related party transactions[126]. - The company has made commitments regarding the transfer of shares, limiting annual transfers to 25% of total shares held[126]. - The company has ensured that all related party transactions are conducted under fair and reasonable conditions[125]. - The company has not reported any unfulfilled commitments during the reporting period[127]. - The company has maintained compliance with its commitments to minority shareholders[126]. Share Repurchase and Employee Stock Ownership - The company repurchased 7.456 million shares, accounting for 2.23% of the total share capital, with a total transaction amount of CNY 59.98 million[42]. - The repurchased shares will be used as a source for the company's future employee stock ownership plan[166]. - The company has established an employee stock ownership plan, which will last for 60 months starting from December 10, 2019[141]. Employee Information - The company employed a total of 2,034 staff, with 1,097 in production, 136 in sales, 489 in technical roles, 95 in finance, and 217 in administration[198]. - The total remuneration for the board of directors, supervisors, and senior management during the reporting period amounted to CNY 3.6479 million[197]. - The remuneration for independent directors is set at CNY 80,000 per year, while supervisors receive a fixed allowance of CNY 3,000 annually[195]. - Employee compensation consists of base salary, basic bonuses, performance bonuses, seniority wages, various allowances, year-end bonuses, profit-sharing rewards, and year-end recognition awards[200]. Legal and Regulatory Matters - The company is involved in multiple ongoing litigation cases, with a total claim amount of approximately 101.91 million CNY, including principal and interest[133]. - The company has successfully recovered 228.8 million yuan from a mediation process in a loan dispute[135]. - The company is actively pursuing legal actions against various entities, with several cases in the execution stage, reflecting a robust approach to managing credit risk[135]. Future Outlook - The company aims for a total operating revenue of RMB 229,900 million in 2020, representing a 15% year-on-year growth[105]. - The net profit target for 2020 is set at RMB 17,600 million, indicating an 11% increase compared to the previous year[105]. - Future guidance indicates a targeted revenue growth of approximately 10% for the next fiscal year[188].

2019 年第三季度报告 2019 年 10 月 1 宁夏青龙管业股份有限公司 2019 年第三季度报告全文 宁夏青龙管业股份有限公司 2019 年第三季度报告全文 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人赵铁成及会计机构负责人(会计主管 人员)尹复华声明：保证季度报告中财务报表的真实、准确、完整。 2 宁夏青龙管业股份有限公司 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 □ 是 √ 否 √ 适用 □ 不适用 单位：人民币元 | 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 | 215,435.77 | 固定资产处置收益 | | 分） | | | | 计入当期损益的政府补助（与企业业务密切相关，按照国家 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 644,542,877.50, representing a 55.33% increase compared to CNY 414,938,936.96 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2019 was CNY 27,787,133.20, a significant increase of 345.45% from CNY 6,237,944.08 in the previous year[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,527,491.92, compared to a loss of CNY 10,016,137.14 in the same period last year, marking a 205.11% improvement[19]. - The basic earnings per share for the first half of 2019 was CNY 0.0829, up 345.70% from CNY 0.0186 in the previous year[19]. - The total operating revenue for the reporting period reached RMB 644,542,877.50, representing a year-on-year increase of 55.33% compared to RMB 414,938,936.96 in the same period last year[45]. - The net profit attributable to shareholders reached RMB 27.79 million, a significant year-on-year growth of 345.45%[40]. - The company reported a total comprehensive income for the first half of 2019 of CNY 30,310,116.85, compared to CNY 5,760,169.74 in the first half of 2018, indicating a growth of approximately 426%[165]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,221,091,478.84, an increase of 11.85% from CNY 2,879,871,876.62 at the end of the previous year[19]. - The total liabilities increased to CNY 1,391,647,316.47 from CNY 996,795,617.49, reflecting a rise of approximately 39.73%[156]. - The company's total equity decreased to CNY 1,829,444,162.37 from CNY 1,883,076,259.13, reflecting a decline of about 2.86%[156]. - The company's current assets reached CNY 2,196,971,444.27, up from CNY 1,912,997,936.40 at the end of 2018, indicating an increase of about 14.89%[153]. - The company's total equity attributable to shareholders was reported at 1,883,000,000.00 CNY, reflecting a stable financial position[176]. Cash Flow - The net cash flow from operating activities improved to -CNY 93,312,296.97, a 57.31% improvement from -CNY 218,593,178.99 in the same period last year[19]. - The cash flow from operating activities showed a net outflow of CNY -93,312,296.97, an improvement from CNY -218,593,178.99 in the previous year[171]. - The company received CNY 494,420,050.00 from the recovery of investments, a significant increase from CNY 238,071,855.40 in the first half of 2018[171]. - The cash flow from financing activities generated a net inflow of CNY 153,860,782.44, up from CNY 109,960,354.87 in the same period last year[171]. Research and Development - The company maintains a strong focus on R&D, with over 30 senior researchers and 60 engineers enhancing its independent research capabilities[33]. - Research and development expenses rose by 76.28% to RMB 96.16 million, reflecting increased investment in new projects[43]. - The company holds a total of 89 patents, including 10 invention patents and 79 utility model patents[35]. Market Position and Competition - The company has developed into one of the most competitive large enterprises in the domestic water supply and drainage pipe manufacturing industry[29]. - The industry is characterized by high marketization, intense competition, and cyclical features, with the company positioned well within this mature market[29]. - The company has established itself as a leader in technology and product variety in the water supply and drainage pipe sector, holding several industry awards[32]. Investment and Projects - The company signed new contracts worth RMB 1.48 billion during the reporting period, with RMB 875 million for concrete pipes and RMB 534 million for plastic pipes[40]. - The investment progress for the project of steel wire mesh skeleton reinforced plastic composite pipe is 100% completed[68]. - The company is actively utilizing raised funds for various projects, with a focus on infrastructure and technology development[68]. Risk Management - The company emphasizes the importance of risk awareness regarding raw material supply and price fluctuations, operational management, and market competition risks[5]. - The company plans to optimize management systems and enhance talent acquisition to mitigate operational management risks[85]. - The company aims to improve marketing mechanisms and expand market reach to counteract industry competition risks[85]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the reporting period[6]. - The total number of common shareholders at the end of the reporting period is 53,345[137]. - Ningxia Qinglong Investment Holding Co., Ltd. holds 21.28% of the shares, amounting to 71,300,654 shares, with 39,000,000 shares pledged[137]. Legal and Compliance - The company has not engaged in any major related party transactions during the reporting period[110]. - The company has established a system to ensure compliance with related party transaction regulations[94]. - The company did not conduct an audit for the semi-annual financial report[95]. Future Outlook - The company plans to continue expanding its market presence and invest in new product development[181]. - The company has set a target for future revenue growth of approximately 10% year-over-year[181]. - The company is exploring potential mergers and acquisitions to enhance its market position[181].

宁夏青龙管业股份有限公司 2019 年第一季度报告全文 宁夏青龙管业股份有限公司 2019 年第一季度报告 2019 年 04 月 1 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人赵铁成及会计机构负责人(会计主管 人员)尹复华声明：保证季度报告中财务报表的真实、准确、完整。 2 宁夏青龙管业股份有限公司 2019 年第一季度报告全文 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 176,542,382.72 | 89,011,142.74 | 98.34% | | 归属于上市公司股东的净利润（元） | 1,246,402.28 | -10,620,560.60 | 111.74% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | -8,022 ...

宁夏青龙管业股份有限公司 2018 年年度报告全文 宁夏青龙管业股份有限公司 2018 年年度报告 2019 年 04 月 1 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人赵铁成及会计机构负责人(会计主管 人员)尹复华声明：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。 本年度报告所涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质 承诺，能否实现取决于市场状况变化、经营团队的努力程度等多种因素，存在 一定的不确定性，投资者及相关人士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。请注意投资风险。 本公司请投资者认真阅读本年度报告全文，并特别注意下列风险因素：1、 主要原材料供应及价格波动的风险；2、经营管理风险；3、行业市场竞争风险； 4、已签合同延迟供货风险；5、新业务拓展和新产品推广风险；6、青龙小贷贷 款及利息不能按期 ...

宁夏青龙管业股份有限公司 2018 年第三季度报告全文 宁夏青龙管业股份有限公司 2018 年第三季度报告 2018 年 10 月 1 宁夏青龙管业股份有限公司 2018 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。 公司负责人马跃、主管会计工作负责人尹复华及会计机构负责人(会计主管 人员)尹复华声明：保证季度报告中财务报表的真实、准确、完整。 2 宁夏青龙管业股份有限公司 2018 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 □ 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） | 2,922,701,174.72 | 2,800,541,744.20 | | 4.36% | | 归属于上市公司股东的净资产 | 1,812,327,288 ...

宁夏青龙管业股份有限公司 2018 年半年度报告全文 宁夏青龙管业股份有限公司 2018 年半年度报告 2018 年 08 月 1 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人尹复华及会计机构负责人(会计主管 人员)尹复华声明：保证本半年度报告中财务报告的真实、准确、完整。 本公司董事会、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。 所有董事均已出席了审议本报告的董事会会议。 本报告所涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质承诺， 能否实现取决于市场状况变化等多种因素，存在很大的不确定性，投资者及相 关人士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。请注意投资风险。 1、青龙小贷贷款及利息不能按期收回从而造成的贷款损失风险及抵押物品 和资产的处置风险；2、 ...

宁夏青龙管业股份有限公司 2018 年第一季度报告正文 证券代码：002457 证券简称：青龙管业 公告编号：2018-031 宁夏青龙管业股份有限公司 2018 年第一季度报告正文 1 □ 是 √ 否 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人季伟及会计机构负责人(会计主管人 员)尹复华声明：保证季度报告中财务报表的真实、准确、完整。 2 宁夏青龙管业股份有限公司 2018 年第一季度报告正文 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 89,011,142.74 | 127,223,058.00 | -30.04% | | 归属于上市公司股东的净利润（元） | ...

宁夏青龙管业股份有限公司 2017 年年度报告全文 宁夏青龙管业股份有限公司 2017 年年度报告 2018 年 03 月 1 宁夏青龙管业股份有限公司 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。 公司负责人马跃、主管会计工作负责人季伟及会计机构负责人(会计主管人 员)尹复华声明：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。 本年度报告所涉及的未来计划等前瞻性陈述，不构成公司对投资者的实质 承诺，能否实现取决于市场状况变化、经营团队的努力程度等多种因素，存在 一定的不确定性，投资者及相关人士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。请注意投资风险。 本公司请投资者认真阅读本年度报告全文，并特别注意下列风险因素：1、 青龙小贷贷款及利息不能按期收回从而造成的贷款损失风险及抵押物品和资产 的处置风险；2、经营管理风险；3、主要原材料供应及价格波动的风险；4 行业 市场竞争风险；5、新 ...

宁夏青龙管业股份有限公司 2017 年第三季度报告全文 宁夏青龙管业股份有限公司 2017 年第三季度报告 2017 年 10 月 宁夏青龙管业股份有限公司 2017 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。 公司负责人马跃、主管会计工作负责人季伟及会计机构负责人(会计主管人 员)尹复华声明：保证季度报告中财务报表的真实、准确、完整。 1 宁夏青龙管业股份有限公司 2017 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 2 宁夏青龙管业股份有限公司 2017 年第三季度报告全文 □ 适用 √ 不适用 □ 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） | 2,854,227,315.48 | | 2,913,656,532.10 | - ...