[annual report] Runhe materials: summary of 2019 Annual Report
Time: March 4, 2020 18:51:43
Original title:
Moistening material
: summary of annual report 2019
Securities code: 300727 securities abbreviation:
Moistening material
Announcement No.: 2020-024 summary I of the 2019 annual report of Ningbo Runhe High Tech Materials Technology Co., Ltd. important note: the summary of this annual report is from the full text of the annual report. In order to fully understand the company's business results, financial situation and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. Statement of objection of directors, supervisors and senior managers name and position can not guarantee the authenticity, accuracy and completeness of the report statement of reasons except for the following directors, other directors attended the meeting of the board of directors deliberating the annual report in person did not attend the meeting in person name of director did not attend the meeting in person name of principal did not attend the meeting in person The audit opinion of Rongcheng Certified Public Accountants (special general partnership) on the company's financial report of this year is: standard unqualified opinion. Change of accounting firm during the reporting period: the accounting firm of the company has not changed in this year. Prompt of non-standard audit opinions □ applicable √ not applicable to the plan for profit distribution of common shares or plan for conversion of accumulation fund to share capital in the report period reviewed by the board of directors √ applicable □ not applicable to the plan for profit distribution of common shares of the company reviewed and approved by the board of directors: take 12, Based on 6.88 million shares, 1.6 yuan (tax included) of cash dividends and 0 bonus shares (tax included) are distributed to all shareholders for every 10 shares, and 0 shares are increased for every 10 shares by transferring capital reserve to all shareholders. Profit distribution plan of preferred shares adopted by the board of directors during the reporting period □ applicable √ not applicable II. Basic information of the company 1. Brief introduction of the company
Moistening material
Stock Code: 300727 stock exchange Shenzhen stock exchange contact and contact information secretary of the board of directors securities affairs representative name: Xu Xiaojun Li Ying office address: 17th floor, science and technology innovation center, No. 2, Taoyuan North Road, Taoyuan Street, Ninghai County, Ningbo City, Zhejiang Province Fax: 0574-65336280 0574-65336280 0574-65333991 0574-65333991 e-mail: xusiaojun@chinarunhe.com living@chinarunhe.com 2. Main business or product introduction in the report period (1) main business situation: as a leading enterprise in the field of fine chemicals, the company is currently mainly focused on the R & D, production and sales of silicone deep processing products and textile printing and dyeing auxiliary products. During the reporting period, the company's main products are as follows: 1. The silicone deep processing products mainly include silicone oil, silicone rubber, silicone resin and silane coupling agent. The main products and uses are as follows: silicone oil: it has excellent heat resistance, weather resistance, electrical insulation, hydrophobicity, physiological inertia and small surface tension. It is the main product in silicone deep processing products. Silicone oil products mainly include block silicone oil, end hydrosilicone oil, alkylphenyl silicone oil, silicone surfactant, etc. The silicone oil produced by the company is mainly used for the production of cosmetics raw materials, agricultural silicone products, textile printing and dyeing auxiliary products, etc. Silicone rubber: excellent fatigue resistance, high and low temperature resistance, aging resistance, excellent electrical insulation, hydrophobicity, physiological inertia, etc. It is widely used in automobiles, electronic appliances, cables, aerospace, architecture
new energy
, health care and other industries. The silicone rubber produced by the company is mainly used as potting glue for electronic and electrical components, power insulation glue, epoxy resin handicraft mold glue, clothing label silk screen glue, etc. Silicone: it has excellent heat resistance, cold resistance, weather resistance, hydrophobicity, electrical insulation, etc. It is used to prepare silicone insulating paint, silicone coating and silicone adhesive, and is also used as reinforcing filler in the production of addition molded silicone rubber. The silicone produced by the company is mainly used in the production of LED packaging rubber, addition molding silicone rubber, etc. Silane coupling agent: it has excellent temperature resistance, weather resistance, adhesion, ground surface tension and physiological inertia. It is widely used in the modification of organic polymer and its composite materials and the surface modification of inorganic materials. It is specifically used in the production and treatment of glass fiber reinforced materials, mineral powder fillers, coatings, tackifiers, green tires and the improvement of rubber properties in the rubber processing. 2. Textile printing and dyeing auxiliaries products textile printing and dyeing auxiliaries products mainly include three categories: pretreatment auxiliaries, dyeing and printing auxiliaries and finishing auxiliaries. The company's products cover the above three categories. The main products and uses are as follows: finishing AIDS: used to improve the appearance and internal quality of textiles, improve the hand feel, stabilize the shape, improve the wearability or give textiles some special functions, mainly including softener, waterproof agent, stiffening agent, anti pilling agent, anti wrinkle agent, anti-static agent, detergent, etc. The company's finishing AIDS mainly include softeners, smoothers, finishing agents, etc. Pretreatment auxiliaries: mainly used to remove natural or artificial impurities from textiles, make them give full play to the excellent characteristics of textiles to meet the needs of subsequent processes, mainly including wetting agent, penetrant, bleaching agent, detergent, etc. The company's pre-treatment auxiliaries mainly include refining agent, degreasing agent, etc. Dyeing and printing auxiliaries: used for dyeing and printing of textiles, improving the dyeing and fixation effect of dyes (or coatings) on fabrics, mainly including dispersant, levelling agent, fixing agent, fluorescent whitening agent, transfer agent, anti dye agent, stripping agent, dye increasing agent, anti swimming agent, printing adhesive, thickener, etc. The dyeing and printing agents produced by the company mainly include levelling agent, fixing agent, etc. During the reporting period, there was no significant change in the company's main business. （2） Main business model 1. Profit model The company's profit mainly comes from the sales premium of the main business products, that is, the company obtains the next customer order by virtue of the advantages of leading technology level, stable product quality, intimate marketing service, good geographical location, differentiated product positioning and deep understanding of customer demand, etc., through the purchased raw materials such as DMC and mm, its own production equipment and phase Patent technology, process formula, production and manufacturing of products in line with customer needs, and fulfill the rights and obligations agreed in the sales order. 2. Purchasing mode: raw materials required by the company are purchased by the purchasing department of the company. The company has established a list of qualified suppliers for main raw materials, implemented order oriented, closely tracked the mainstream market quotation information platform, adopted flexible procurement strategy in combination with the fluctuation range and frequency of raw materials, and selected flexibly according to the real-time quotation of each supplier to ensure that the procurement can be carried out according to the fair market price. If the price of main raw materials is expected to rise, the measures of reserving some raw materials will be adopted to reduce the production cost; and if the fluctuation trend of raw materials is not obvious or showing a downward trend, the strategies of increasing the procurement frequency and reducing the single procurement scale will be adopted to make a reasonable inventory control. For daily raw material procurement, the production department shall issue a procurement plan to the procurement department according to the production demand, and the procurement department shall implement the procurement after review. 3. Production mode the company mainly organizes production according to the business mode of "production by sales", the sales center sends task notice to the production department according to the inventory and customer order, and the production department organizes production according to the task requirements. For the varieties with customized requirements, the production department shall organize the production after the review organized by the technical department. In order to ensure the ability of quick response to small and multi batch orders, the company will prepare safety stock for common product models. The company carries out production management in strict accordance with the requirements of ISO9001 quality management system, ISO14001 environmental management system, OHSAS18001 occupational health and safety management system, etc. 4. The sales mode company adheres to the principle of "market-oriented, customer-centered", and the principle of "going deep into the company's customers and providing professional services", establishing a professional, efficient and stable marketing team. The company mainly adopts the sales mode of direct sales, distribution and agency as the auxiliary, combining the three ways, focusing on the distribution of Zhejiang Province, Jiangsu Province, Shandong Province, Fujian Province, Guangdong Province and other downstream terminal customer gathering areas, and the distribution of marketing network in many countries and regions around the world, creating good conditions for the steady development of the company. （3） The main performance drivers are the company's R & D leading, sales channels, brand effects and excellent quality products, firmly grasp the opportunity of rapid development of the market in the silicone subdivision field, and continue to promote product technology innovation and new product listing and promotion under the guidance of "in-depth company customers, providing professional services". During the reporting period, the company reasonably optimized the governance structure, scientifically adjusted the layout of the R & D system, continued to accelerate the pace of R & D in science and innovation, actively developed domestic and foreign markets, strictly implemented the requirements of safety and environmental protection specifications, introduced top high-tech talents from multiple channels, quickly adjusted the layout of the marketing team, strengthened the executive power of the sales staff, and made efforts to build the brand awareness of the enterprise. The company's main business continued, stable and healthy development. （4） Cyclical characteristics of the industry the company's products are widely used, and the overall cyclical characteristics are not obvious. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in the past three years □ yes √ no unit: yuan, 2019, 2018, year-on-year increase or decrease, 2017 operating revenue 630990638.31, 651824715.63-3.20% 461261196.61, net profit attributable to shareholders of listed company 51159119.8066, 160745.60-22.67% 48186080.88 net profit attributable to shareholders of the listed company after deducting non recurring profit and loss 47334264.20 55559586.36-14.80% 42813250.17 net cash flow from operating activities 104330064.33 4807315.05 2070.24-6155, 237.62 basic earnings per share (yuan / share) 0.40 0.52-23.08% 0.49 diluted earnings per share (yuan / share) 0.40 0.52-23.08% 0.49 weighted average return on net assets 9.43% 13.38% - 3.95% 17.00% increase or decrease at the end of 2019 compared with the end of last year the total assets at the end of 2017 were 717533129.39 687522118.37 4.37% 610606988.02 net assets attributable to shareholders of listed companies were 562545, 239.08 525770301.54 6.99% 464754356.74 (2) quarterly main accounting data unit: yuan first quarter second quarter third quarter fourth quarter operating revenue 1353455449.84 147252081.58 176013578.97 172379427.92 net profit attributable to shareholders of listed company 13843586.21 12974111.64 18365011.63 5976, 410.32 net profit attributable to shareholders of the listed company after deducting non recurring profit and loss 12607426.19 11553635.96 17696437.79 5476764.26 net cash flow from operating activities 61195345.05 30560868.36 16630826.44-4056975.52 whether the above financial indicators or the total sum of them have significant differences with the financial indicators related to the company's disclosed quarterly report and semi annual report □ yes √ No 4. Share capital and shareholders (1) number of common shareholders and preferred shareholders with voting rights restored and top 10 shareholders' shareholding table unit: total number of common shareholders at the end of the reporting period 10674 total number of common shareholders at the end of the reporting period 9, 435 total number of preferred shares with voting rights restored at the end of the reporting period 0 preferred shares with voting rights restored at the end of the month before the disclosure date of the annual report