浙江南都电源动力股份有限公司 2015 年半年度报告全文 股票简称：南都电源 股票代码：300068 浙江南都电源动力股份有限公司 ZZHHEEJJIIAANNGGNNAARRAADDAAPPOOWWEERRSSOOUURRCCEECCoo. . , , LLttdd. . 2015 年半年度报告 2015-065 二 O 一五年八月 1 浙江南都电源动力股份有限公司 2015 年半年度报告全文 第一节 重要提示、释义 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料 不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确 性、完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人王海光、主管会计工作负责人陈博及会计机构负责人(会计主管 人员)王莹娇声明：保证本半年度报告中财务报告的真实、完整。 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 | 目录 | | --- | | 2015 | 半年度报告 1 | | --- | --- | | 第一节 | 重要提示、释义 1 | | 第二节 | 公司基本情况简介 4 | | 第三节 | 董事会 ...

浙江南都电源动力股份有限公司 2015 年第一季度报告全文 浙江南都电源动力股份有限公司 二 O 一五年第一季度报告 2015-026 二 O 一五年四月 1 浙江南都电源动力股份有限公司 2015 年第一季度报告全文 公司战略目标：致力于成为全球的通信后备电源、储能应用电源、动力电源和新能源应 用领域系统解决方案的领导者。 企业经营理念 □ 公司核心价值观 精诚团结、锐意创新、履行承诺、客户至上。 □ 公司宗旨 不断地为客户、股东、员工、社会创造价值。 □ 公司理念 品质至上、诚信为本、客户满意、持续发展，实现社会价值。 公司微信公众号 2 浙江南都电源动力股份有限公司 2015 年第一季度报告全文 第一节 重要提示 本公司董事会、监事会及其董事、监事、高级管理人员保证本报告所载资 料不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准 确性和完整性承担个别及连带责任。 所有董事均已出席了审议本次季报的董事会会议。 浙江南都电源动力股份有限公司 2015 年第一季度报告全文 一、主要会计数据和财务指标 √ 适用 □ 不适用 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 ...

1 浙江南都电源动力股份有限公司 2014 年年度报告全文 浙江南都电源动力股份有限公司 2014 年年度报告全文 浙江南都电源动力股份有限公司 二 O 一四年年度报告 2015-012 二 O 一五年三月 □ 公司核心价值观 精诚团结、锐意创新、履行承诺、客户至上。 □ 公司宗旨 不断地为客户、股东、员工、社会创造价值。 □ 公司理念 公司战略目标：致力于成为全球的通信后备电源、储能应用电源、动力电源和新能源应 用领域系统解决方案的领导者。 企业经营理念 品质至上、诚信为本、客户满意、持续发展，实现社会价值。 公司微信公众号 2 浙江南都电源动力股份有限公司 2014 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、监事会及董事、监事、高级管理人员保证本报告所载资料 不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的真实性、准确 性和完整性承担个别及连带责任。 所有董事均已出席了审议本报告的董事会会议。 公司负责人王海光、主管会计工作负责人陈博及会计机构负责人(会计主管 人员)王莹娇声明：保证年度报告中财务报告的真实、准确、完整。 3 | 第一节 | 重要提示、目录和释义 3 | | -- ...

Financial Performance - Total revenue for the reporting period was CNY 1,120,347,008.82, representing a 28.63% increase year-on-year[8] - Net profit attributable to shareholders decreased by 2.97% to CNY 35,013,859.61 compared to the same period last year[8] - Basic earnings per share remained stable at CNY 0.06, with a year-to-date increase of 26.67%[8] - The net profit for the quarter was CNY 40,026,079.81, a decrease of 8.5% from CNY 43,891,437.76 in the previous year[51] - Net profit for the current period was ¥122,473,665.04, an increase of 9.0% compared to ¥111,627,679.32 in the prior period[56] Cash Flow - The company reported a net cash flow from operating activities of CNY -426,034,143.86, a decrease of 53.46% year-on-year[8] - Cash flow from operating activities showed a net outflow of ¥426,034,143.86, worsening from a net outflow of ¥277,618,578.11 in the previous period[62] - Net cash flow from operating activities was -CNY 401,246,541.97, worsening from -CNY 189,720,980.01 year-over-year[66] - The ending cash and cash equivalents balance was CNY 227,310,838.97, compared to CNY 206,172,744.30 in the previous period, reflecting a slight increase[67] Assets and Liabilities - Total assets increased by 6.41% to CNY 4,503,066,226.94 compared to the end of the previous year[8] - The total liabilities increased to ¥1,428,087,448.66 from ¥1,205,687,725.03, representing a growth of approximately 18.47%[45] - The total current assets increased to ¥2,799,666,684.45 from ¥2,614,769,579.00, reflecting a growth of approximately 7.06%[43] - The company's fixed assets rose to ¥1,151,313,570.58 from ¥925,864,906.31, indicating an increase of about 24.38%[44] Shareholder Information - The total number of shareholders at the end of the reporting period is 36,948[14] - The company's actual controller holds 29.89% of the total share capital, maintaining control over the company despite changes in shareholding structure[15] - The total share capital has increased to 604,404,400 shares due to the exercise of stock options under the company's equity incentive plan[15] Sales and Market Performance - Sales of high-temperature batteries reached approximately CNY 5,638.63 million, a significant increase of 228% year-on-year, with overseas sales growing by 232.16%[22] - The sales of lithium-ion batteries for communication backup in the Chinese market grew rapidly, reaching CNY 3,637.63 million, up 98.96% year-on-year[22] - The sales of lead-carbon batteries for low-speed electric vehicles amounted to CNY 2,380.16 million, representing a year-on-year increase of 31.84%[24] Investments and Projects - Total fundraising amount reached CNY 197,472.76 million, with CNY 612.24 million invested in the current quarter[35] - The Hangzhou Energy Technology Valve-Controlled Battery Project has a total investment of CNY 49,837.6 million, achieving 100.78% of the planned investment[35] - The R&D base construction project has a total investment of CNY 2,250 million, with 92.09% of the planned investment completed[35] Compliance and Commitments - The company has committed to ensuring no adverse effects from tax liabilities related to dissolved subsidiaries[32] - The company has maintained compliance with commitments made by directors and senior management regarding share transfer restrictions[33] - The company has not reported any violations of commitments by its directors, supervisors, and senior management[33] Operational Efficiency - The company is actively expanding its production capacity and improving production efficiency to enhance delivery capabilities[26] - The company is focusing on optimizing product design and production processes to reduce manufacturing costs and improve product performance[25] - The company’s cash flow from operating activities remains negative, indicating ongoing challenges in operational efficiency[66]

Financial Performance - Total operating revenue for the first half of 2014 was ¥1,724,691,110.14, an increase of 3.35% compared to ¥1,668,817,358.97 in the same period last year[15] - Net profit attributable to shareholders of the listed company was ¥76,043,572.03, representing a 36.53% increase from ¥55,696,766.41 year-on-year[15] - Net profit after deducting non-recurring gains and losses was ¥66,622,272.94, up 47.71% from ¥45,103,625.60 in the previous year[15] - Basic earnings per share increased to ¥0.13, a rise of 44.44% from ¥0.09 in the previous year[15] - The gross margin for the main business was 14.22%, an increase of 0.59 percentage points compared to the previous year[27] - The company reported a significant increase in prepayments by 272.12% to ¥149,644,455.65, indicating increased procurement activities[38] - The company achieved total operating revenue of ¥1,724,691,110.14, representing a year-on-year increase of 3.35%[36] - The net profit attributable to shareholders was ¥76,043,600, marking a 36.53% increase compared to the previous year[39] - The gross profit margin for the main business was 14.22%, an increase of 0.59 percentage points year-on-year[39] - The company reported a net profit of 74,901,548 RMB for the first half of 2014, reflecting a significant increase compared to the previous year[170] Cash Flow and Financial Position - The net cash flow from operating activities was -¥207,275,414.05, a decline of 283.70% compared to -¥54,019,580.59 in the same period last year[15] - The cash flow from financing activities showed a net increase of ¥5,910,771.08, a significant improvement compared to the previous year's net decrease[36] - The total current assets increased to CNY 2,779,942,424.02 from CNY 2,614,769,579.00, representing a growth of approximately 6.31%[140] - The company's cash and cash equivalents decreased to CNY 484,668,249.06 from CNY 762,697,160.34, a decline of about 36.47%[140] - The total liabilities increased to CNY 1,409,131,436.19 from CNY 1,205,687,725.03, marking an increase of about 16.86%[142] - The company's total equity rose to CNY 3,035,265,362.43 from CNY 3,026,177,022.76, a slight increase of approximately 0.04%[142] - The total amount of unallocated profits stands at 201,658,200 CNY, indicating retained earnings available for future investments or distributions[166] Investments and Projects - The company invested in a new energy battery project in Hubei with an annual production capacity of 10 million kVAh, utilizing advanced production processes[34] - The company completed the first phase of construction for two major production bases, which are now gradually releasing capacity[35] - The company has invested CNY 19,443.1 million in the Hangzhou Energy Technology Valve Control Battery Project, achieving 100.78% of the planned investment[66] - The new lithium iron phosphate battery production line project has a completion rate of 68.72% with CNY 7,163.72 million invested[66] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[146] Market and Sales Performance - The sales of high-temperature batteries reached approximately CNY 50 million, a year-on-year increase of 167%, with overseas sales contributing CNY 45 million, up 173%[29] - The energy storage business generated sales revenue of CNY 74.20 million, reflecting a year-on-year growth of 37.37%[29] - The sales of low-speed electric vehicle batteries increased by 51.17% year-on-year[30] - The company continues to expand its market presence, with products sold in 126 countries and regions globally[28] Corporate Governance and Compliance - The company has passed the environmental compliance review and is listed among the second batch of enterprises meeting the industry access conditions[58] - The company is encouraged to consolidate and restructure to enhance industry concentration and eliminate backward production capacity[58] - The company has made a commitment to reduce related party transactions, ensuring compliance from major shareholders and executives[116] - The company is actively working to ensure that its corporate governance practices align with regulatory requirements and shareholder interests[116] Shareholder and Equity Information - The company plans to distribute a total cash dividend of 120.33 million RMB (including tax) based on a share base of 601,645,709 shares, with the cash dividend accounting for 100% of the profit distribution[84] - The company granted a total of 800,000 stock options and 200,000 restricted stocks to 122 incentive targets as part of its equity incentive plan[95] - The total number of shareholders at the end of the reporting period was 37,078[128] - The company’s shareholding structure saw a significant change with the release of 32,841,501 shares from the initial public offering restrictions[126] Research and Development - The company has obtained a total of 84 valid patents, including 24 invention patents, 44 utility model patents, and 16 design patents[32] - The company is actively developing new technologies and products, including a high-performance start-stop lead-carbon battery project recognized as a key project by the Ministry of Industry and Information Technology[31] - Research and development expenses increased by 17.83% to ¥53,678,375.51, reflecting the company's commitment to innovation[36] Risks and Challenges - The net cash flow from operating activities showed a significant decrease, reflecting challenges in cash generation from core operations[158] - The company reported a loss of control over a subsidiary after disposing of part of its equity, with the remaining equity measured at fair value on the loss of control date[182] - The company has confirmed that there are no tax recovery risks associated with eleven related enterprises, ensuring no significant impact on the company[117]

Financial Performance - Total revenue for Q1 2014 was ¥800,081,421.11, an increase of 3.2% compared to ¥775,268,574.08 in the same period last year[9] - Net profit attributable to ordinary shareholders was ¥46,346,735.12, representing a significant increase of 64.18% from ¥28,229,157.49 year-on-year[9] - Basic earnings per share rose to ¥0.08, up 60% from ¥0.05 in the same period last year[9] - The gross profit margin for the main business was 13.09%, a decrease of 0.98 percentage points compared to the same period last year[23] - Operating profit for the current period was ¥53,060,875.03, compared to ¥37,398,494.84 in the previous period, marking a growth of 41.7%[53] - Net profit for the current period was ¥49,664,893.00, an increase of 36.1% from ¥36,511,086.12 in the previous period[54] - Total profit for the current period was ¥60,060,546.93, compared to ¥43,969,639.14 in the previous period, reflecting a growth of 36.7%[54] - The estimated net profit for the year is projected to be between 72,405,800 yuan and 89,114,800 yuan, representing a growth of 30% to 60% compared to the same period last year[40] Cash Flow and Assets - The net cash flow from operating activities improved to -¥14,783,520.82, a 91.21% increase from -¥168,103,343.05 in the previous year[9] - Cash flow from operating activities showed a net outflow of ¥14,783,520.82, an improvement from a net outflow of ¥168,103,343.05 in the previous period[60] - The ending balance of cash and cash equivalents decreased to ¥536,400,679.02 from ¥682,992,157.05, reflecting a decline of 21.4%[61] - The company reported a net decrease in cash and cash equivalents of $12.38 million, an improvement from a decrease of $187.51 million in the previous period[64] - Total current assets decreased from CNY 2,614,769,579.00 to CNY 2,521,220,476.51, a decline of approximately 3.55%[45] - Cash and cash equivalents decreased from CNY 762,697,160.34 to CNY 563,281,143.09, a reduction of about 26.2%[45] - Total liabilities decreased from CNY 1,205,687,725.03 to CNY 1,099,247,020.46, a reduction of about 8.81%[47] - Total equity increased from CNY 3,026,177,022.76 to CNY 3,063,499,735.86, an increase of approximately 1.24%[47] Shareholder Information - Total number of shareholders at the end of the reporting period is 36,555[16] - The largest shareholder, Hangzhou Nandu Power Co., Ltd., holds 20.5% of shares, totaling 123,488,452 shares[16] - The second largest shareholder, Shanghai Yidu Industrial Investment Co., Ltd., holds 7.59% of shares, totaling 45,706,000 shares[16] - The total number of restricted shares at the beginning of the period was 243,368,482, with 26,112,433 shares released during the period, leaving 217,256,049 restricted shares at the end[19] - The company has a commitment to release restricted shares for major shareholders on April 21, 2013, totaling 174,858,230 shares[18] Investment and Projects - Total fundraising amount reached CNY 197,472.76 million, with CNY 3,810.17 million invested in the current quarter[35] - Cumulative investment from fundraising amounts to CNY 198,606.67 million, with 29.37% of the funds having been repurposed[35] - The project for the production line of new power and energy storage batteries has received CNY 31,046 million, achieving 62.02% of its investment target[35] - The acquisition of 51% of Huayu Power and 80% of Wufeng Power has been completed, with total investment reaching CNY 22,316 million[35] - The project for the construction of the R&D base has achieved 92.09% of its investment target, totaling CNY 2,071.9 million[35] Risk Management - The company is facing management risks due to its expanding scale, with 8 wholly-owned subsidiaries and 6 controlling subsidiaries globally[12] - The company is exposed to exchange rate fluctuation risks due to its export business primarily settled in USD, and has adopted various strategies to mitigate this risk[14] - The company has implemented a strict technology confidentiality system to mitigate risks related to technology leakage and loss of core technical personnel[13] Corporate Governance - The company is focused on maintaining transparency and reducing related party transactions to enhance corporate governance[30] - The company has committed to not providing financial assistance to incentive plan participants, ensuring compliance with regulations[30] - All commitments made by shareholders and management have been adhered to without violations as of March 31, 2014[30] Strategic Focus - The management discussion indicates that the company is focused on expanding its market presence and enhancing product development[21] - The company plans to enhance production efficiency and delivery capacity through automation upgrades and strategic partnerships[27] - The company aims to expand its market presence by optimizing product and market structure and increasing new product sales[24] - The report highlights a commitment to innovation and technology development as part of the company's growth strategy[21]

Company Strategy and Vision - The company aims to become a global leader in communication backup power, energy storage applications, power supply, and new energy system solutions[3]. - The company emphasizes its commitment to innovation and quality, aiming for continuous development and social value creation[7]. - The company plans to expand its market reach through strategic acquisitions and partnerships in the energy sector[20]. - The company is actively investing in research and development for new products and technologies to meet market demands[20]. - The company is actively expanding its market presence in the household energy storage sector, leveraging international opportunities in regions like Europe and Japan[43]. Financial Performance - The company reported significant growth in revenue and profitability, with a focus on enhancing customer value and shareholder returns[10]. - The company has set ambitious performance guidance for the upcoming fiscal year, targeting a revenue increase of over 15%[22]. - The company's operating revenue for 2013 was CNY 3,507,527,393.62, representing a year-over-year increase of 12.99% compared to CNY 3,104,406,048.18 in 2012[23]. - The net profit attributable to shareholders for 2013 was CNY 130,132,779.60, a 3.21% increase from CNY 126,089,128.56 in 2012[23]. - The company reported a basic earnings per share of CNY 0.22 for 2013, a 4.76% increase from CNY 0.21 in 2012[23]. Operational Efficiency and Cost Management - The company is focused on improving operational efficiency and reducing costs to enhance overall profitability[22]. - The company has implemented a stock incentive plan to align the interests of management and shareholders[15]. - The company is implementing comprehensive budget management and internal control mechanisms to improve management efficiency and risk control[55]. Research and Development - The company invested CNY 107 million in R&D in 2013, enhancing its innovation capabilities and receiving recognition from government departments[46]. - The company has applied for 12 patents in 2013, including 8 invention patents, and has a total of 80 valid patents by the end of 2013[46]. - The company has developed a new lead-carbon battery technology that improves charging acceptance and cycle life, achieving a 15% energy saving for micro-hybrid vehicles[50]. Market Expansion and Sales Growth - The export sales revenue reached CNY 946.16 million, with a significant year-on-year growth of 59.52%[38]. - The sales revenue from lithium-ion batteries for communication backup reached CNY 209.61 million, marking a remarkable year-on-year increase of 379.37%[41]. - The company successfully entered the procurement lists of major domestic telecom operators, laying a solid foundation for future sales growth[39]. - The company is actively expanding into new markets such as start-stop and energy-saving batteries, with a government subsidy of CNY 3,000 per vehicle for start-stop systems expected to boost growth[45]. Environmental Commitment - The company has established a comprehensive environmental management system and has been recognized as a key industry clean production demonstration enterprise[31]. - The company’s high-temperature battery has been included in the national energy-saving product directory, highlighting its significant energy-saving and emission reduction effects[100]. Shareholder and Governance Practices - The company is committed to maintaining transparency and accuracy in its financial reporting and disclosures[10]. - The company’s profit distribution policy was revised to ensure transparency and protect the rights of minority shareholders[107]. - The company has ensured compliance with information disclosure regulations by changing its disclosure media to Shanghai Securities Journal and Securities Times[148]. Risk Management - The company is facing management risks due to its expansion, with a need for improved internal controls and risk management as it grows[32]. - The company has implemented a strict technology confidentiality system to mitigate risks related to technology leakage and loss of core technical personnel[33]. Future Outlook - The company anticipates improved performance in 2014 as production capacity continues to be released[87]. - The company is exploring market expansion opportunities in emerging industries related to energy storage and renewable energy[88]. - The company projects a revenue growth of 10% for the next fiscal year, targeting 1.65 billion RMB[180].