[中报]瓦轴B(200706):2022年半年度报告（英文版）
原标题:瓦轴B:2022年半年度报告（英文版） 2022 Midyear Report 2022-24 August 2022 Chapter I. Important notes, contents and definitions The board of directors, the Board of supervisors and the directors, supervisors and senior managers of the company shall guarantee that the contents of the semi-annual report are true, accurate and complete without any false records, misleading statements or major omissions, and shall bear individual and joint legal liabilities. Liu Jun, the person in charge of the company, Sun Najuan, the person in charge of the accounting work, and Zhang Yajing, the person in charge of the accounting organization (the person in charge of the accounting) declare that they guarantee the truthfulness, accuracy and completeness of the financial report in the semi- annual report. All directors have been present at the board meeting to consider this report.This semi-annual report relates to future plans and other forward-looking statements, which do notconstitute a material commitment of the Company to investors, investors should be aware of the investment risks. The Company describes in detail the possible risks and countermeasures in the operation of theCompany in "X. Risks Faced by the Company and Countermeasures" in "Management's Discussion andAnalysis" in Section 3 of this report. Please pay attention to the relevant contents.The company does not plan to distribute cash dividends, do not send bonus shares, do not increasecapital stock with accumulation fund. File directory for future reference (1) The 2022 half-year financial statement of the Company containing the signature and seal of thelegal representative, the person in charge of accounting and the person in charge of accounting;(2) the semi-annual report containing the signature of the legal representative of the company;(3) Originals of all documents of the company publicly disclosed in newspapers designated by theCSRC during the reporting period and manuscripts of announcements.Glossary
I. Company Information
1. Company contact information The company's registered address, office address and its postal code, the company's website address, E-mail box during the reporting period whether changes □ Applicable? Inapplicable The company's registered address, office address and its postal code, company's website address and E-mail address will not change during the reporting period. Please refer to the 2020 Annual Report for details.2. Information disclosure and storage location Whether the location of information disclosure and storage changes during the reporting period□ Applicable? Inapplicable The name of the information disclosure newspaper selected by the company, and the website designated by China Securities Regulatory Commission to publish the semi-annual report. The reporting period of the preparation place of the semi-annual report of the company remains unchanged, for details, please refer to the 2021 annual report.3. Other relevant information Whether other relevant information has changed during the reporting period□ Applicable? Inapplicable IV. Main accounting data and financial indicators Whether the company needs to retroactively adjust or restate the previous year's accounting data? Yes ? No
Chinese accounting standards. □ Applicable? Inapplicable During the reporting period, there is no difference between the net profit and net assets in the financial reports disclosed in accordance with international accounting standards and Chinese accounting standards.2. At the same time, the differences of net profit and net assets in financial reports disclosed in accordance with overseas accounting standards and Chinese accounting standards. □ Applicable? Inapplicable During the reporting period, there is no difference between the net profit and net assets in the financial reports disclosed in accordance with overseas accounting standards and Chinese accounting standards.VI. Non-recurring gain/loss items and amounts ? Applicable? Inapplicable In RMB Yuan
The company does not have other specific circumstances of profit and loss items that meet the definition of non-recurring profit and loss. The non-recurring profit and loss items listed in Explanatory Announcement No. 1 -- Non-Recurring Profit and Loss of Companies with Publicly Issued Securities are defined as recurring profit and loss items□ Applicable? Not applicable The company does not define the non-recurring profit and loss items listed in Explanatory Announcement No. 1 -- Non-Recurring Profit and Loss as recurring profit and loss items. Chapter III Management Discussion and analysis I. Major business of the Company during the reporting periodDuring the reporting period, the company's main business is the production and sales of rolling mill bearings, rail transit bearings, metallurgical mine bearings, cement machinery bearings, transmission bearings, construction machinery bearings, precision machinery bearings. Operating revenue in the first half of 2022 was 1.086 billion yuan, with a loss of 37.46 million yuan. The total assets of the company are about 3.337 billion yuan and the net assets are about 571 million yuan. II. core competitiveness analysis As the largest bearing technology and product R&D and manufacturing base in China, the company has accumulated many years of practical experience in bearing and related fields, established a perfect bearing technology innovation system, and maintains close cooperation with domestic research institutes and universities. As the main drafter of several standards in the bearing industry, we grasp the latest technological trends in the development of the industry. In technology research and development, product manufacturing, marketing and user services have established significant advantages. The company's personalized design and manufacturing process for customers can take into account the cost, delivery time and customer needs, and improve the ability to respond to the market and customer personalized needs.The company has a complete product service system, with all-weather dynamic service capability for product operation site. And with the "ten value-added services" good image and by the majority of customers praise. The company has a strong production and manufacturing capacity and quality assurance ability, a wide range of services in railway, metallurgy, mining and other industries and fields. At present, the company has established strategic cooperative relations with key customers in the field of equipment application in China. By engaging in customer value engineering and carrying out in-depth marketing, the company has firmly established its brand and influence in the domestic bearing market. In the international market, the company has successively obtained the certification qualification of the important target market, and the international visibility has been preliminarily established.III. Analysis of main business An overview of the Please refer to the relevant content of "I. Main Business Engaged in by the Company during the Reporting Period". Major financial data year-on-year changes In RMB Yuan
Composition of operating revenue In RMB Yuan
Applicable □ Not applicable In RMB Yuan
data in the latest period shall be adjusted according to the caliber of the end of the reporting period ? □ Applicable Not applicable The reason why the relevant data changed by more than 30% year on year is explained□ Applicable? Not applicable IV. Analysis of non-main business □ Applicable? Not applicable V. Analysis of assets and liabilities 1. Major changes in asset composition In RMB Yuan
? Applicable? Inapplicable 3. Assets and liabilities measured at fair value ? Applicable? Inapplicable In RMB Yuan
Whether the measurement attributes of the company's main assets have changed significantly during the reporting period □ Yes ? No 4. Limitation of asset rights at the end of the report periodNone VI. Analysis of investment status 1. The general situation ? Applicable? Inapplicable 2. Significant equity investment acquired during the reporting period? Applicable? Inapplicable 3. Significant ongoing non-equity investments during the reporting period? ? Applicable Inapplicable 4. Investment in financial assets (1) Securities investment In RMB Yuan
? Applicable? Inapplicable There were no derivatives investments during the reporting period.5. Use of raised funds □ Applicable? Not applicable There is no use of raised funds during the reporting period.VII Sale of major assets and shares 1. Sale of major assets ? Applicable? Inapplicable No significant assets were sold during the reporting period.2. Sale of major equity ? Applicable? Inapplicable VII.Analysis of major holding companies ? Applicable? Inapplicable During the reporting period, the company has no important information about the holding and shareholding company that should be disclosed. The main subsidiaries and the shareholding companies that have more than 10% impact on the company's net profit In RMB Yuan
Description of main holding companies IX. Structured subjects controlled by the company ? Applicable? Inapplicable X. Risks faced by the Company and countermeasures The current national economic development is facing unprecedented challenges. The company is faced with increasing uncertainties in market demand and market competitors. The market influence and product pricing of competitors are full of uncertainties, which brings great risks to the company's market and production and operation.The company's labor costs continue to rise;Prices of raw and auxiliary materials remain high;Corporate profit margins remain tough.The company must fully assess the difficulties, risks and uncertainties, and drive the high-quality growth of the business by developing middle and high-end products and achieving high-end breakthroughs.The implementation of differentiated management, not only focus on products, technology, market, but also focus on the core value of customers, improve the core competitiveness of enterprises;Adhere to quality first, enhance brand influence;Accelerate the pace of reform, stimulate new vitality of enterprises;Improve the cost performance of bearing products, make use of the different market positioning of international big brand companies, fully seize the larger market growth space, see that the tile shaft market has space, enterprises have resources, development policies, employees have the advantages of dream, to achieve efficient and sustainable development. The company will focus on the "grab the order to protect the market" to open up the market battle, go all out to develop the market, to achieve the sales target.Adhere to the "cash is king", strengthen credit control, to organize the return of funds, improve the capital turnover rate, reduce the occupation of funds.Focusing on "expanding capacity to achieve stable growth of production, improving quality, reducing cost and increasing efficiency", we will start the tough battle of production capacity, improve contract performance and order execution, accelerate upstream and downstream supply chain coordination and process optimization, and thereby digest all kinds of adverse factors within the company. Chapter IV Corporate governance I.The relevant annual general meeting and extraordinary general meeting held in the report periodi.Shareholders' General Meeting in the report period
□ Applicable? Inapplicable II. Changes of directors, supervisors and senior managers of the company? Applicable? Inapplicable
? Applicable? Inapplicable The company plans not to distribute cash dividend, not to send bonus shares, not to increase the accumulation fund capital. IV. Implementation of the company's equity incentive plan, employee stock ownership plan or other employee incentive measures ? Applicable? Inapplicable The company has no equity incentive plan, employee stock ownership plan or other employee incentive measures and their implementation during the reporting period. Chapter V Environmental and social responsibility I. Major environmental issues Whether listed companies and their subsidiaries belong to the environmental protection department announced the key pollutant discharge units □ Yes ? No Administrative penalties imposed for environmental problems during the reporting periodRefer to other environmental information disclosed by key pollutersThe company conscientiously implements the ISO14001 environmental management system standard, through the environmental system internal audit, supervision audit and external audit, make the environmental management system effective operation. We earnestly implemented the rules and regulations of environmental protection, actively cooperated with the superior departments to carry out environmental protection supervision and management, strengthened the self-inspection of environmental protection on the production site, strengthened the online monitoring of sewage discharge, sewage discharge sampling comparison test and effectiveness audit, and effectively controlled the discharge of pollutants. Strengthen waste recycling, standardized disposal of hazardous waste, promote the construction of enterprise resource circulation. According to the environmental emergency response plan prepared by the company,? Organized the fire emergency drill at the fire scene,? The feasibility of the emergency plan has been tested. Ensure that the emergency response team can work quickly, orderly and efficiently in accordance with the emergency response plan procedures. Measures taken to reduce their carbon emissions during the reporting period and their effects□ Applicable? Not applicable Reasons for not disclosing other environmental information There is no II. Social responsibility As a large state-owned ENTERPRISE, the COMPANY's largest shareholder, Shaxuan Group, accepts the unified leadership of the government of Liaoning Province, Dalian City and Wafangdian City in poverty alleviation work, and the company accepts the leadership of Shaxuan Group in poverty alleviation work. Considering the characteristics of the enterprise and the actual situation of the "state-owned" enterprise, the poverty alleviation work of the company is completed in accordance with the unified deployment of the provincial Party Committee and the Municipal Party Committee, and the major shareholder, the Tile axis Group, is coordinated to complete the external work, so as to jointly establish the unified social responsibility image of the "tile axis people". In recent years, it has dispatched village cadres to the surrounding areas of Dalian, with five cadres at the middle and grassroots level serving as the first secretary to support rural construction and assume social responsibilities, providing counterpart assistance to rural areas in terms of party affairs construction, rural revitalization, poverty alleviation and expansion of the collective economy. In the fight against COVID-19, the first secretary of the village organized the two committees to set up a joint prevention and control working group to mobilize the epidemic prevention and control work. According to the work requirements of the superiors, the publicity of epidemic prevention and control was strengthened by hanging banners, Posting announcements and sending mass messages on wechat, and the prevention and control measures were improved. Through written and wechat working groups, the registration and filing management of personnel should be standardized to effectively control the epidemic and play a better role. Chapter VI Significant Events I. Commitments made by the company's actual controller, shareholders, related parties, purchasersand the company that have been completed during the reporting period and that have not beencompleted by the end of the reporting period（未完）  |