Henan Huanghe Cyclone Co., Ltd. First Quarterly Report 2011 §1 Important Notice 1.1 The board of directors, the board of supervisors and its directors, supervisors and senior management of the company guarantee that there are no false records, misleading statements or major omissions in the information contained in this report. And assume individual and joint responsibility for the authenticity, accuracy and completeness of its contents. 1.2 All directors of the company attended the board meeting. 1.3 The company's first quarter financial report has not been audited. 1.4 Name of the person in charge of the company Qiao Qiusheng The person in charge of the accounting work Name Liu Jian, the person in charge of the accounting organization (accounting officer) Name Zhang Yongjian, the person in charge of the company, Qiao Qiusheng, the person in charge of accounting work, Liu Jianshe, and the person in charge of the accounting department (accounting officer) Zhang Yongjian Disclaimer: Guarantee the truthfulness and completeness of the financial report in this quarterly report. §2 Basic information of the company 2.1 Main accounting data and financial indicators Currency: RMB at the end of the reporting period at the end of the reporting period The end of the reporting period is higher than the end of the previous year (%) Total assets (yuan) 2,502,583,286.81 2,366, 167,944.89 5.77 Owner's equity (or shareholders' equity) (yuan) 1,143,361,833.79 1,111,552,016.57 2.86 Net assets per share (yuan/share) attributable to shareholders of listed company 4.266 4.148 2.84 Net increase or decrease from the end of the reporting period (%) Net cash flow from operating activities (yuan) 93,963,536.62 206.51 Net cash flow from operating activities per share (yuan/share) 0.3506 206.51 At the beginning of the reporting period At the end of the reporting period, the reporting period increased or decreased compared with the same period of last year (%) Net profit attributable to shareholders of listed companies (yuan) 31,809,817.22 31,809,817.22 213.57 Basic earnings per share (yuan/share) 0.119 0.119 213.98 Basic earnings per share after non-recurring gains and losses (yuan/share) 0.107 0.107 194.77 Diluted earnings per share (yuan/share) 0.119 0.119 213.98 Weighted average return on equity (%) 2.82 2.82 Increased 196.84 percentage points after deducting non-recurring gains and losses on weighted average return on equity (%) 2.53 2.53 Increased 178.02 percentage points minus non-recurring gains and losses items and amounts: Unit: Yuan Currency: RMB project amount Non-current assets disposal gains and losses 1,992,855.07 Government subsidies included in current profit and loss (except for government subsidies that are closely related to corporate business, according to national uniform standards) 150,000.00 In addition to the above Other non-operating income and expenses other than 1,705,734.09 Income tax impact -592,956.96 Total 3,255,632.20 2.2 Total number of shareholders at the end of the reporting period and top ten shareholders of unrestricted conditions Shareholdings Unit: End of reporting period Total number of shareholders (households) 45,379 Top ten shareholders of unrestricted tradable shares Shareholders' name (full name) Number of shares held by unrestricted shares at the end of the period Henan Huanghe Industrial Group Co., Ltd. 73,321,600 RMB Japan United Materials Corporation 6,458,921 RMB common stock Agricultural Bank of China Co., Ltd. - Xinhua Preferred Growth Stock Securities Investment Fund 3,723,882 RMB common stock National Social Security Fund 603 combination 2,999,860 RMB ordinary shares Pufeng Securities Investment Fund 1,999,991 RMB Common Stock Industrial and Commercial Bank of China Co., Ltd. - Penghua Consumer Preferred Stock Securities Investment Fund 1,499,897 RMB Common Stock Industrial and Commercial Bank of China Co., Ltd. - Fuguo Hushen 300 Enhanced Securities Investment Fund 1,370,900 RMB Ordinary Shares Changsheng Growth Value Securities Investment Fund 900,000 RMB Ordinary Shares China Ping An Life Insurance Co., Ltd. - Dividends - Yinbao Dividends 818,694 RMB Ordinary Shares China Ping An Life Insurance Co., Ltd. - Own funds 713,812 RMB ordinary shares §3 IMPORTANT 3.1 The major changes in the company's major accounting statements and financial indicators and the reasons for its application â–¡ Not applicable 1. The ending balance of notes receivable Early reduce 36.23%, mainly due to the payment of income has been used to reduce the ending balance. 2. The ending balance of prepayments increased by 34.17% compared with the beginning of the period, mainly due to the prepayment of equipment items. 3. The ending balance of other receivables increased by 39.11% compared with the beginning of the period, which was mainly due to the impact of the provision for bad debts after the accounts were recovered in the current period. 4. The balance of construction in progress at the end of the period increased by 82.50% compared with the beginning of the period, mainly due to the implementation of projects such as superhard materials. 5. The ending balance of accounts payable increased by 72.02% compared with the beginning of the period, mainly due to the increase in accounts payable formed by the procurement business. 6. The ending balance of advance receipts decreased by 34.61% compared with the beginning of the period, mainly because the advance receipts received in the previous period were settled in the current period. 7. The ending balance of payable employee benefits increased by 31.01% from the beginning of the period, mainly due to the increase in employee compensation and late payment. 8. The ending balance of interest payable increased by 32.71% compared with the beginning of the period, mainly due to the increase in borrowing interest rate. 9. The ending balance of long-term payables decreased by 32.85% from the beginning of the period, mainly due to the repayment of financing leases during the period. 10. Operating income increased by 58.87% over the same period, and operating costs increased by 76.18% over the same period, mainly due to the increase in sales of super-hard materials, super-hard composite materials and metal powder during the reporting period. 11. The increase in business tax and surcharges over the same period was mainly due to the fact that the parent company paid urban construction tax and education surcharges during the period, while the same period was exempted. 12. The asset impairment loss decreased compared with the same period. The main reason was that the company further strengthened the management of account recovery and reversed the provision for bad debts that had been accrued in the recovery of the account. 13. Investment income has increased significantly over the same period. The main reason is that since June 2010, the long-term equity investment in Beijing Huanghe Cyclone Xinnada Technology Co., Ltd. has been changed from the cost method accounting to the equity method. The investment income realized in this period is The “investment income project†is accounted for, while the same period is the consolidated report, which is no longer reflected in the “investment income projectâ€. 14. Non-operating income increased by 450.87% over the same period, mainly due to the increase in income from disposal of assets during the period. 15. Income tax expenses increased significantly over the same period, mainly due to the increase in profit during the period, and the deferred income tax assets reduced in the current period. 3.2 Analysis of the progress of major events and their impacts and solutions â–¡ Applicable √ Not applicable 3.3 Implementation of commitments by companies, shareholders and actual controllers â–¡ Applicable √ Not applicable 3.4 Forecasting the cumulative net profit at the end of the next reporting period Warnings and reasons for losses or significant changes compared with the same period of last year â–¡ Applicable √ Not applicable 3.5 Implementation of the cash dividend policy during the reporting period There was no cash dividend plan during the reporting period, and the 2010 Profit Distribution Plan is still It needs to be reviewed and approved at the 2010 Annual General Meeting of Shareholders held on April 21, 2011. Henan Huanghe Cyclone Co., Ltd. Legal representative: Qiao Qiusheng April 20, 2011
The HVLP Electric Paint Spray Gun make painting and varnishing much easier, with 30000 rpm speed, at max 500ml/min water consumption speed.
The material flow can be controlled by the switch.
Paint with the HVLP Paint Sprayer, easy to paint the hard-to-reach areas and no need to clean the rollers and brushes.
Working close to the ground and painting overhead are easy for the Electric Paint Spray Gun.
You can spray on paint, varnish and glaze quickly, evenly and cleanly using as little material as possible – and it's also kind to your back, neck and shoulders.
Electric Hvlp Paint Spray Gun,Ginour Paint Sprayer,Electric Turbine Paint Sprayer,Hvlp Electric Sprayer
Ningbo Brace Power Tools Co., Ltd , https://www.cnbrace.com