Financial Performance - The company's consolidated revenue for the first half of 2023 was RMB 39.58 million, an increase of 8.73% compared to RMB 36.40 million in the same period last year[15]. - The net profit attributable to shareholders was RMB -8.55 million, showing a 51.88% improvement from RMB -17.77 million year-on-year[15]. - The gross profit margin increased significantly to 52.51% from 20.06% in the previous year[15]. - The company's revenue for the reporting period was RMB 39.57 million, an increase of 8.7% compared to RMB 36.40 million in the same period last year[46]. - The net loss attributable to shareholders was RMB -8.55 million, with earnings per share at RMB -0.01[46]. - The company's operating revenue for the reporting period was RMB 39,575,875.51, representing an increase of 8.73% compared to RMB 36,398,794.86 in the same period last year[68]. - The company's net profit for the first half of 2023 was a loss of approximately 8.59 million, compared to a loss of 17.87 million in the same period of 2022[141]. - The total comprehensive income for the first half of 2023 was -¥8,938,098.61, compared to -¥16,589,098.86 in the previous year, showing a notable improvement[169]. Assets and Liabilities - Total assets decreased by 11.59% to RMB 160.45 million from RMB 181.48 million at the end of the previous year[17]. - The total liabilities decreased by 3.23% to RMB 362.42 million compared to RMB 374.51 million at the end of the previous year[17]. - The company's debt-to-asset ratio (consolidated) rose to 225.88% from 206.36% year-on-year[17]. - Total assets decreased from RMB 183,603,000 to RMB 160,449,000, a decline of approximately 12.6% year-over-year[25]. - Total liabilities slightly decreased from RMB 367,728,000 to RMB 362,417,000, a reduction of about 1.1%[25]. - The company's total equity attributable to shareholders decreased from RMB -184,125,000 to RMB -201,968,000, indicating a worsening financial position[25]. - The total liabilities to total assets ratio was 226% as of June 30, 2023, compared to 206% in 2022[94]. - Total liabilities amounted to 362,417,333.75, a decrease from 374,510,270.10 in the previous period, reflecting a reduction of approximately 3%[132]. - Total equity attributable to the parent company was -203,966,577.27, compared to -195,063,171.25 previously, indicating a decline of about 4.5%[132]. Cash Flow - The net cash flow from operating activities was RMB -3.89 million, a 63.71% improvement from RMB -10.71 million in the previous year[19]. - The company's cash flow from operating activities showed a net inflow of RMB -3,886,138.80, an improvement of 63.71% compared to RMB -10,708,561.48 last year[68]. - The cash and cash equivalents at the end of the first half of 2023 stood at CNY 4,722,476.35, a significant decrease from CNY 13,023,680.03 at the end of the first half of 2022[149]. - The company experienced a net decrease in cash and cash equivalents of CNY 3,860,283.90 in the first half of 2023, compared to a decrease of CNY 5,621,735.80 in the same period of 2022[149]. - Cash inflows from operating activities totaled 54,944,197.11, down 41.7% from 94,392,552.04 in the same period last year[175]. - Cash outflows from operating activities were 58,830,335.91, resulting in a net cash flow from operating activities of -3,886,138.80, an improvement from -10,708,561.48 year-over-year[175]. Shareholder Information - The total number of shareholders at the end of the reporting period was 35,547, with no preferred shareholders[34]. - The largest shareholder, Hong Kong Central Clearing Limited, holds 29.43% of the shares, totaling 257,059,899 shares[34]. - The company has not issued any convertible securities or stock options as of June 30, 2023[37]. - The company has maintained a public float sufficient to meet regulatory requirements[37]. - No significant changes in controlling shareholders or actual controllers were reported during the period[39]. Strategic Initiatives - The company plans not to distribute cash dividends or issue bonus shares for this period[5]. - The company has accumulated orders worth RMB 55 million, providing assurance for future operations[49]. - The company has developed five new products, including fully insulated busbars and smart dehumidification systems, which have been launched into the market[49]. - The company was selected as the first bidder for two projects with a total value of RMB 14.48 million, enhancing its market presence in the power generation sector[50]. - The company is undergoing a strategic transformation to mitigate the negative impacts of its delisting from the A-share main board and to ensure sustainable development[56]. - The company plans to enhance operational efficiency and core competitiveness to reverse the current loss situation[58]. - The company aims to improve operational stability and profitability by adjusting business scale and enhancing product innovation capabilities[187]. - The company is actively pursuing strategic acquisitions to bolster its competitive position in the market[158]. Risks and Challenges - The company faces risks related to macroeconomic conditions and increasing market competition, which could impact profitability[54][55]. - The company acknowledges significant uncertainty regarding its ability to continue as a going concern if improvement measures are not successfully implemented[189]. - Current liabilities exceeded current assets by CNY 20,572.56 million, raising significant doubts about the company's ability to continue as a going concern[185]. Compliance and Governance - The audit committee has reviewed and confirmed the company's unaudited interim results for the six months ending June 30, 2023[127]. - The company has complied with the requirement of appointing a sufficient number of independent non-executive directors, with three appointed, including one with financial management expertise[114]. - The financial statements comply with the relevant accounting standards and accurately reflect the company's financial position as of June 30, 2023[190].

香港交易及結算有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部分內容而 産生或因依賴該等內容而引致之任何損失承擔任何責任。 （在中華人民共和國註冊成立之股份有限公司） （股份編號：00042） 截 至 二 零 二 三 年 六 月 三 十 日 止 六個 月 之 未 經 審 計 業 績 公 告 東北電氣發展股份有限公司（「本公司」）董事會（「董事會」）及董事（「董事 」）謹此宣佈本公司及其附屬公司（「本集團」）截至二零二三年六月三十日止之 未經審計中期業績。 第一節 重 要 提 示 1.1 公司董事會、監事會及董事、監事、高級管理人員保證半年度報告內容的真 實、準確、完整，不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連 帶的法律責任。 1.2 公司董事長蘇偉國、主管會計工作負責人黨釗釗及會計機構負責人(會計主管人 員)李玲聲明：保證本半年度報告中財務報告的真實、準確、完整。 ...

ANNUAL REPORT 2022 年報 | 一、釋義 | 2 | | --- | --- | | 二、公司基本情況簡介 | 4 | | 三、會計數據和財務指標摘要 | 7 | | 四、董事會報告 | 8 | | 五、管理層討論與分析 | 13 | | 六、重要事項 | 25 | | 七、股份結構及股東情況 | 42 | | 八、董事、監事、高級管理人員和員工情況 | 46 | | 九、公司治理及企業管治報告 | 56 | | 十、核數師報告 | 76 | | 十一、本集團業績、資產及負債概要 | 199 | | 十二、備查文件目錄 | 201 | 釋義 | 北京海鴻源 | 指 | 北京海鴻源投資管理有限公司，公司大股東 | | --- | --- | --- | | 中國證監會 | 指 | 中國證券監督管理委員會 | | 重慶酒店 | 指 | 重慶海航酒店投資有限公司，公司參股公司 | | 公司實際控制人 | 指 無 | | | 阜封公司、阜新母線 | 指 | 阜新封閉母線有限責任公司，公司全資子公司 | | 逸唐酒店、逸唐飛行酒店 | 指 | 海南逸唐飛行酒店管理有限公司，公司子公司 | | 海航集團 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 （在中華人民共和國註冊成立之股份有限公司） （股份編號：00042） 截至 2022 年 12 月 31 日 止年度之全年業績公告 本公告乃根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 13.49(1)條及附錄16第45段規定作出。 財務摘要 2022年全年，本公司及其附屬公司綜合營業額約為人民幣1.61億元，較2021年度增加約人民幣 4,152萬元。 本公司股權持有人應占收益為人民幣-2,514萬元。 本公司股權持有人應占每股利潤為人民幣-2.88分。 董事會已議決不宣派2022年末期股息。 ...

Financial Performance - The company's total revenue for the reporting period was RMB 28,446,337.20, representing a decrease of 24.82% compared to the same period last year[14]. - The net profit attributable to shareholders of the listed company was RMB -11,819,705.03, showing a slight increase in loss compared to RMB -11,818,431.23 in the previous year[14]. - The net cash flow from operating activities was RMB -8,835,387.64, a significant decline from RMB 61,702,699.13 in the same period last year[14]. - Revenue for the first half of the year was RMB 28,446 million, a decrease of 24% compared to RMB 37,839 million in the same period last year[19]. - The pre-tax loss was RMB 11,853 million, slightly higher than the loss of RMB 11,594 million in the previous year[19]. - The company reported a net loss attributable to shareholders of RMB 11,820 million, slightly higher than the loss of RMB 11,818 million in the previous year[19]. - The company's revenue for the reporting period was RMB 28.45 million, a decrease of 24.82% compared to RMB 37.84 million in the same period last year[43]. - The net loss attributable to shareholders was RMB 11.82 million, with a loss per share of RMB 0.0135[43]. - The company reported a loss before tax of RMB 11,853,000, compared to a loss of RMB 11,594,000 in the previous year, indicating a slight increase in losses[153]. - The company reported a total comprehensive loss of RMB (11,539) thousand for the first half of 2021, compared to a loss of RMB (11,707) thousand in the same period of 2020, indicating a slight improvement[168]. Assets and Liabilities - Total assets at the end of the reporting period were RMB 143,979,973.17, down 8.60% from RMB 157,525,808.79 at the end of the previous year[14]. - Total assets at the end of the reporting period were RMB 143,980 million, down from RMB 157,896 million at the end of the previous year, representing a decrease of 8.8%[21]. - The company's total liabilities to total assets ratio increased to 236.49% as of June 30, 2021, compared to 217% in 2020[101]. - The total liabilities were RMB 196,517,000, an increase from RMB 185,229,000 at the end of 2020[160]. - The company's total liabilities increased to CNY 234,700,124.38 as of June 30, 2021, compared to CNY 233,578,711.56 at the end of 2020[192]. - Total liabilities slightly decreased from CNY 342.76 billion to CNY 340.50 billion, a reduction of about 0.7%[180]. - The company's total current liabilities decreased from CNY 229.65 billion to CNY 219.52 billion, a decrease of approximately 4.4%[180]. - The company's cash and cash equivalents decreased to RMB 7,957,501.63, representing 5.53% of total assets, down from 8.20% the previous year, a decrease of 2.67%[77]. - The company's cash and cash equivalents decreased to RMB 3,709 thousand from RMB 4,678 thousand, reflecting a decline of about 20.7%[168]. - The company's total assets decreased from CNY 157.53 billion on December 31, 2020, to CNY 143.98 billion on June 30, 2021, representing a decline of approximately 8.6%[176]. Shareholder Information - The net assets attributable to shareholders of the listed company were RMB -198,674,376.15, compared to RMB -187,420,368.40 at the end of the previous year[14]. - The number of shareholders at the end of the reporting period was 48,805, with the largest shareholder holding 29.44% of the shares[27]. - The largest shareholder, Hong Kong Central Clearing (Agent) Co., Ltd., held 257,097,899 shares, representing 29.53% of the total shares[32]. - Shareholders' equity showed a negative balance of RMB 196,517 million, worsening from a negative RMB 185,229 million year-on-year[21]. - The company's total equity attributable to shareholders as of June 30, 2021, was RMB (1,060,789) thousand, compared to RMB (941,138) thousand at the end of 2020, reflecting a worsening of approximately 12.7%[172]. Operational Strategies and Challenges - The company plans not to distribute cash dividends or issue bonus shares[4]. - The company has not disclosed any new product developments or market expansion strategies during this reporting period[19]. - The company faced challenges in order fulfillment and cash collection due to the pandemic but managed to increase order volume through new product development[48]. - The company is actively addressing risks associated with the ongoing COVID-19 pandemic by implementing strict prevention measures[53]. - The company plans to enhance operational efficiency and core competitiveness to reverse the current loss situation[58]. - The company aims to expand its hotel-related business to increase revenue and profit, thereby enhancing its sustainable profitability[58]. - The company is facing significant market competition, which has negatively impacted the average profit level in the industry[56]. - The company is actively adjusting its business structure to accelerate the transition to modern service industries, enhancing its core competitiveness[114]. Audit and Compliance - The company’s financial report has been reviewed and confirmed by the audit committee[4]. - The company has established an audit committee under the board of directors in accordance with the listing rules[139]. - The company has confirmed compliance with the standard code for securities trading by directors during the reporting period[137]. Research and Development - The company invested ¥728,861.03 in R&D, marking a 100% increase due to expenditures related to the closed bus subsidiary[65]. - Research and development expenses for the first half of 2021 were CNY 728,861.03, reflecting ongoing investment in innovation[197]. Legal Matters - The company is facing a lawsuit regarding employee placement fees, which is currently under judicial review[119]. - The court ruled that Shenyang High Voltage Switch Co., Ltd. must pay 28.53 million RMB plus interest to the State-owned Assets Supervision and Administration Commission of Shenyang City within 15 days of the judgment becoming effective[120].

Financial Performance - The company's consolidated revenue for the six months ended June 30, 2022, was RMB 36.4 million[4]. - The profit attributable to equity holders of the company was RMB -17.77 million, resulting in a loss per share of RMB -0.0205[4]. - Operating revenue for the current period reached CNY 36,398,794.86, representing a 27.96% increase compared to the same period last year[30]. - Net profit attributable to shareholders was CNY -17,771,697.62, a 50.36% decline from CNY -11,819,705.03 in the previous year[30]. - The company's revenue for the reporting period was RMB 36.4 million, an increase of 28% compared to RMB 28.45 million in the same period last year[75]. - The net loss attributable to shareholders was RMB 17.77 million, with a loss per share of RMB 0.0205[75]. - The company reported a net loss of ¥17,880,458.74 for the first half of 2022, worsening from a loss of ¥11,853,553.23 in the same period of 2021[193]. - The total comprehensive income for the first half of 2022 was -16,589,098.86 CNY, worsening from -11,572,089.60 CNY year-over-year[200]. - The company continues to face challenges in maintaining profitability, as indicated by the increased net loss year-over-year[196]. Financial Position - Total assets decreased by 5.57% to CNY 183,602,625.72 from CNY 194,427,879.43 at the end of the previous year[33]. - Total liabilities increased by 1.59% to CNY 367,727,760.81 from CNY 361,963,915.66 at the end of the previous year[33]. - The company's equity attributable to shareholders showed a decline, with a total of CNY -186,185,382.16 as of June 30, 2022, compared to CNY -169,697,083.93 at the end of 2021[173]. - The company has a negative equity of RMB -186,185,382.16 as of June 30, 2022, indicating a debt-to-asset ratio of 200.28%[120]. - The total assets as of June 30, 2022, amounted to ¥307,070,039.42, a decrease from ¥310,074,996.63 at the end of 2021[187]. - Total liabilities decreased to ¥200,933,624.46 as of June 30, 2022, down from ¥202,136,402.48 at the end of 2021, reflecting a reduction of approximately 0.6%[183]. Cash Flow - The company reported a net cash flow from operating activities of CNY -10,708,561.48, which is a 21.20% increase in outflow compared to CNY -8,835,387.64 in the previous year[35]. - The cash inflow from sales of goods and services surged by 263.51% to ¥87,463,461.05, accounting for 240.29% of operating revenue[93]. - The company's cash and cash equivalents decreased by 11.26% to ¥16,545,067.01, accounting for 9.01% of total assets[89]. - The company's cash and cash equivalents decreased to ¥7,393.51 from ¥18,629.59, indicating a decline of about 60.3%[176]. Corporate Governance - The board of directors confirmed that the financial report is true, accurate, and complete, with no false records or major omissions[4]. - The report was reviewed and approved by the board meeting held on August 30, 2022[4]. - The company did not declare any interim dividends for the six months ending June 30, 2022[76]. - The company plans not to distribute cash dividends or issue bonus shares for the fiscal year[127]. Shareholder Information - The total number of shares before the change was 873,370,000, with 99.31% being unrestricted shares[51]. - The number of shareholders holding more than 5% of ordinary shares was 37,355, with the largest shareholder, Hong Kong Central Clearing (Agent) Co., Ltd., holding 29.54%[54]. - The largest shareholder, Beijing Haihongyuan Investment Management Co., Ltd., holds 9.33% of the shares, totaling 81,494,850 shares[54]. - The company confirmed that the public shareholding is sufficient as of June 30, 2022[56]. Operational Highlights - The company has developed five new products, including fully insulated busbars and smart bus dehumidification systems, resulting in over RMB 10 million in revenue from new products[78]. - The company secured a contract worth RMB 14.27 million for a closed busbar project in the Hami region, marking its entry into the pumped storage power market[79]. - The company has been recognized as a high-tech enterprise in Liaoning Province, enhancing its competitive edge in the market[78]. - The company maintains a strong production capacity and advanced manufacturing capabilities in the power transmission and transformation equipment sector[79]. - The company expanded its hotel business by adding 6 new hotels, contributing to steady revenue growth[94]. Strategic Initiatives - The company is actively pursuing strategic transformation to mitigate risks associated with its A-share market exit and to ensure sustainable development[83]. - The management aims to improve operational efficiency and core competitiveness to reverse the current loss situation[84]. - The company is focusing on enhancing its operational efficiency to address the ongoing financial challenges[200]. Legal and Compliance - Fushun Electric Porcelain has filed a lawsuit against Northeast Electric for joint liability regarding a debt of RMB 11,258,221.34 due to a contract dispute[131]. - Northeast Electric incurred a loss of RMB 170.46 million due to a court ruling that did not recognize a payment as fulfilling a judgment, leading to a claim for the return of the amount[133]. - The company reported no significant post-balance sheet events as of the reporting date[158]. - The audit committee confirmed the financial accounting principles and methods adopted for the half-year results ending June 30, 2022[157].

Regulatory Actions - The chairman of Northeast Electric Development Co., Ltd. received a warning and a fine of 200,000 yuan from the China Securities Regulatory Commission due to information disclosure violations during his tenure at HNA Infrastructure[1]. - The penalty is unrelated to Northeast Electric's operations and will not impact its daily business activities[1]. Information Disclosure - The company emphasizes that all information will be disclosed on designated platforms, including the National Equities Exchange and Quotations and the Hong Kong Stock Exchange[1].

Financial Performance - The company's total revenue for 2021 was RMB 83,700,725, an increase of RMB 3,709,837.66 compared to 2020[13]. - The profit attributable to shareholders was RMB 17,630,000, translating to earnings per share of RMB 0.02[16][17]. - The company's operating revenue for 2021 was CNY 83,701,000, representing a 4.64% increase compared to CNY 79,991,000 in 2020[40]. - The net profit attributable to shareholders for 2021 was CNY 17,629,000, a decrease of 72.45% from CNY 63,977,000 in 2020[40]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -40,114,000, compared to CNY -144,024,000 in 2020[40]. - The net cash flow from operating activities for 2021 was CNY 5,434,000, a significant recovery from CNY -76,154,000 in 2020[40]. - The total assets at the end of 2021 were CNY 194,428,000, an increase of 23.43% from CNY 157,526,000 at the end of 2020[40]. - The net assets attributable to shareholders at the end of 2021 were CNY -169,697,000, showing an improvement from CNY -187,420,000 at the end of 2020[40]. - The basic earnings per share for 2021 were CNY 0.02, down 71.43% from CNY 0.07 in 2020[40]. - The company reported a total revenue of CNY 14,828,244.46 in Q1 2021, with a net profit attributable to shareholders of CNY -2,970,061.29[44]. - In Q3 2021, the company achieved a net profit attributable to shareholders of CNY 35,678,874.89, indicating a strong performance in that quarter[44]. Corporate Governance and Compliance - The board of directors confirmed that all members attended the meeting to discuss and approve the annual report[10]. - The financial report was audited by both domestic and international auditing firms, with no reservations noted[10]. - The report was reviewed and confirmed by the audit committee prior to approval by the board[10]. - The company is committed to ensuring the accuracy and completeness of the financial report, with key personnel assuming legal responsibility[9]. - The company emphasizes that forward-looking statements do not constitute a commitment to investors, highlighting potential risks[11]. - The company has outlined its future development strategies and potential risks in the board report[11]. - The company will implement strict internal control measures to mitigate operational risks and ensure compliance with regulatory standards[89]. Strategic Initiatives and Future Plans - The company plans not to distribute cash dividends or issue bonus shares, pending approval at the 2021 annual general meeting[12]. - The company is actively seeking strategic investors to enhance its ongoing operational capabilities and avoid the risk of delisting from the A-share main board[70]. - The company’s A-share stock is at risk of being delisted due to negative net profit after deducting non-recurring gains and losses for three consecutive years, along with a negative net asset value[75]. - The company plans to introduce new businesses and enhance its product offerings to create new economic growth points and improve overall performance[79]. - In 2022, the company plans to actively seek strategic investors to raise funds for acquiring new business assets, focusing on optimizing resource allocation and enhancing operational efficiency[79]. - The company aims to strengthen cash flow management by enhancing receivables collection and securing external funding, with a borrowing limit of up to 50 million yuan from a strategic partner[83]. - The company will explore new markets and adjust its product structure to increase the proportion of higher-margin products, such as insulation pipe busbars, in sales revenue[89]. - The company will utilize various financing methods, including capital market operations, to enhance its financial resources and support sustainable development[91]. Operational Challenges and Responses - The company faced significant operational pressure due to the ongoing impact of the COVID-19 pandemic and structural adjustments in the macroeconomic environment[56]. - The company implemented strict pandemic prevention measures to ensure safe production and stable operations[57]. - The company has established a special debt collection task force to accelerate cash flow and ensure daily operational funding needs[63]. - The company has implemented comprehensive corporate governance and risk control measures to enhance team collaboration and operational efficiency[64]. - The company anticipates a slowdown in domestic economic growth and power demand due to macroeconomic conditions, which may negatively impact future performance[78]. Research and Development - Since 2018, the company has invested no less than 5% of its annual revenue in R&D, resulting in the acquisition of 15 new utility model patents and multiple new product innovations[63]. - The company’s R&D expenses decreased by 13.72% to ¥2,158,871[154]. - R&D investment amounted to ¥2,158,870.95 in 2021, a decrease of 13.72% from ¥2,502,192.76 in 2020[158]. - R&D expenditure accounted for 2.58% of operating revenue in 2021, down from 3.13% in 2020, representing a decline of 0.55%[158]. Market and Revenue Insights - Revenue from closed bus production and sales decreased by 15.93% to ¥40,991,226, accounting for 48.97% of total revenue[134]. - Revenue from the hotel and catering industry increased by 30.47% to ¥40,498,372, representing 48.38% of total revenue[134]. - The gross profit margin for closed bus production and sales improved by 2.98 percentage points to 9.75%[134]. - The gross profit margin for the hotel and catering industry increased by 1.14 percentage points to 80.84%[134]. - The company experienced a significant increase in revenue from the central region, which grew by 90.58% to ¥11,733,314[130]. Financial Position and Liabilities - As of December 31, 2021, the company's current liabilities amounted to RMB 294.39 million, and non-current liabilities were RMB 70.39 million[107]. - The company's cash and cash equivalents were approximately RMB 18.65 million as of December 31, 2021, compared to RMB 12.91 million in 2020[111]. - The asset-liability ratio of the group was 185% as of December 31, 2021, down from 217% in 2020[120]. - The company has no short-term borrowings as of the report date[104]. - The top five suppliers accounted for 32.77% of the total annual purchases, totaling RMB 16.60 million[123]. - The largest customer accounted for 10.36% of the total annual sales, with total sales to the top five customers amounting to RMB 16.73 million, representing 14.01% of total sales[124]. Subsidiary Performance and Investments - The total revenue for Hainan Yitang Hotel Management Co., Ltd. was approximately ¥42.22 million, with a net profit of ¥6.67 million[179]. - The company reported a total loss of ¥50.89 million for Chongqing HNA Hotel Investment Co., Ltd. during the reporting period[195]. - The company’s subsidiaries reported significant losses, with total liabilities exceeding assets in multiple cases, indicating financial distress[180]. - The investment in HNA Tianjin Center Development Co., Ltd. has a fair value of zero due to asset pledges exceeding market value, resulting in no recoverable amount[180]. - The investment in Chongqing HNA Hotel Investment Co., Ltd. also has a fair value of zero, with no dividends received during the reporting period[195].

香港交易及結算有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部分內容而産生或因 依賴該等內容而引致之任何損失承擔任何責任。 （在中華人民共和國註冊成立之股份有限公司） （股份編號：00042） 二零二二年第一季度報告 本公告乃根據深圳證券交易所股票上市規則和香港聯合交易所有限公司證券上市規則（「上 市規則」）第 13.09 條和 13.10B 條及期貨條例（香港法例第 571 章）第 XIVA 部項下的內幕消 息條文（定義見上市規則）而作出。 東北電氣發展股份有限公司（「本公司」或「東北電氣」）董事會（「董事會」）謹此宣佈 本公司及其附屬公司（統稱「本集團」）截至二零二二年三月三十一日止三個月期間未經審 核的季度報告（「本季度報告」或「本報告」）。本報告所載之財務資料均按照《中國企業 會計準則》及國際財務報告準則（定義見上市規則）編製而且已經董事會及董事會審核委員 會審閲並核准。 1 重要提示 1.1 公司董事會、監事會及董事、監事、高級管理人員保證本季度報告內容的真實、準確、 完整，不存在虛假記載、誤導性陳述或者重大遺漏，並 ...

Financial Performance - The company's total revenue for the year was RMB 79.991 million, a decrease of RMB 22.35 million compared to 2019[14]. - The profit attributable to shareholders was RMB 63.977 million, resulting in earnings per share of RMB 0.07[17][18]. - The company's operating revenue for 2020 was CNY 79,991,000, a decrease of 21.84% compared to CNY 102,341,000 in 2019[36]. - Net profit attributable to shareholders was CNY 63,977,000, a significant recovery from a loss of CNY 40,166,000 in 2019[36]. - The company reported a total revenue of CNY 19,959,624.69 in Q4 2020, with a net profit of negative CNY 99,671,199.52[41]. - The company achieved operating revenue of approximately RMB 79.99 million, a decrease of 21.84% compared to the previous year, which is a reduction of about RMB 22.35 million[122]. - The net profit attributable to shareholders of the listed company was approximately RMB 63.98 million[122]. Assets and Liabilities - Total assets at the end of 2020 were CNY 157,526,000, down 66.98% from CNY 477,041,000 at the end of 2019[36]. - The company's net assets attributable to shareholders were negative CNY 187,420,000, compared to negative CNY 56,590,000 in 2019[36]. - As of December 31, 2020, the company's current liabilities amounted to RMB 230.02 million, while non-current liabilities were RMB 113.11 million, resulting in total liabilities significantly exceeding total assets[102]. - The company's asset-liability ratio as of December 31, 2020, was 217%, compared to 111% in 2019, indicating a substantial increase in financial leverage[115]. - The total liabilities were reported at 343.13 million RMB, down from 528.49 million RMB in 2019[49]. Cash Flow - The net cash flow from operating activities was negative CNY 76,154,000, compared to a positive CNY 3,337,000 in the previous year[36]. - Operating cash inflow decreased by 33.56% to 90,465,760.84 yuan, while cash outflow increased by 25.44% to 166,619,858.02 yuan, resulting in a net cash flow from operating activities of -76,154,097.18 yuan, a decline of 2,382.24%[154]. - Cash and cash equivalents increased by 547.20% compared to the previous year, despite a net decrease of 65,991,857.94 yuan[154]. Dividends and Shareholder Returns - The company plans not to distribute cash dividends or issue bonus shares, pending approval at the annual general meeting[13]. - The company plans not to distribute cash dividends or issue bonus shares for the fiscal year[95]. Audit and Compliance - The financial reports were audited and confirmed by both domestic and international auditing firms, with no reservations noted[11]. - The board of directors and senior management have guaranteed the accuracy and completeness of the annual report[10]. - The company's financial statements were prepared in accordance with both Chinese and international accounting standards[11]. Future Outlook and Strategy - The company has outlined potential risks and measures in the "Future Development Outlook" section of the board report[12]. - The company has not made any substantial commitments regarding future plans or strategies, advising investors to be aware of investment risks[12]. - The company anticipates a slowdown in domestic electricity demand growth and investment due to macroeconomic conditions, which may negatively impact future performance[72]. - In 2021, the company plans to optimize its industrial layout and deepen reforms to enhance operational efficiency and core competitiveness[77]. - The company aims to leverage capital market financing channels to support business transformation and enhance core competitiveness[80]. - The company plans to explore hotel management business opportunities through its subsidiary, Hainan Yitang Hotel Management Co., Ltd., to expand its business scope[83]. - The company aims to strictly control expenses and improve profitability levels in its main business[83]. - The company is focused on improving its internal control systems to mitigate operational risks and protect shareholder interests[84]. - The company will actively seek government support policies to address the ongoing impacts of the pandemic on its hotel management operations[88]. Research and Development - The company invested at least 5% of its revenue in R&D, resulting in the acquisition of 15 new utility model patents[58]. - Research and development expenses increased by 144.82% to ¥2,502,192.76 due to increased investment in new product development[146]. - Research and development (R&D) investment increased by 150.22% to 2,502,192.76 yuan, accounting for 3.13% of operating income, up from 0.98% in the previous year[150]. - The number of R&D personnel remained at 12, but their proportion of total staff increased from 7.40% to 10.00%[150]. Operational Performance - The hotel and catering business revenue decreased by 49% due to the ongoing impact of the COVID-19 pandemic[55]. - The company implemented cost control measures, achieving savings of over one million RMB in various expenses[56]. - The company achieved a non-current asset disposal gain of 32.74 million RMB, primarily from the sale of a factory[45]. - Revenue from closed bus production and sales increased by 18.84% to ¥48,756,932.40, accounting for 60.95% of total revenue[124]. - Revenue from the hotel and catering industry decreased by 49.38% to ¥31,039,468.36, representing 38.80% of total revenue[124]. - The gross profit margin for closed bus production and sales was 6.77%, down 54.61% year-over-year[127]. Investments and Acquisitions - The company acquired a 30% stake in Chongqing HNA Hotel for CNY 48,900,000, with the hotel's net asset valuation at CNY 163,338,600 as of December 31, 2019[63]. - The company reported a significant investment loss of 48,900,000 yuan from a 30% equity stake in Chongqing HNA Hotel, and a credit impairment loss of 71,765,302.96 yuan related to deposits with HNA Financial Company[159]. - The company confirmed the sale of assets related to the government acquisition of its subsidiary, Fuxin Closed Busbar Co., Ltd.[177]. - The company has chosen to invest in the upstream and downstream hotel industry to enhance its operational capabilities and align with its business transformation strategy[195]. Related Party Transactions - The company reported a related party transaction with its major shareholder, incurring interest expenses of RMB 17,000 in 2020, compared to zero in 2019[198]. - The estimated market value of the office space provided by the major shareholder for the company's daily operations was RMB 1,149,000 in 2020, a significant increase from zero in 2019[198].