Financial Performance - Net profit attributable to shareholders increased by 446.97% to CNY 357,063,228.34 compared to the same period last year[5] - Basic earnings per share increased by 449.21% to CNY 0.692 compared to the same period last year[5] - Net profit for Q1 2015 reached CNY 360,936,534.66, significantly up from CNY 69,058,350.02 in Q1 2014, representing a growth of 422.5%[31] - The net profit attributable to shareholders of the parent company was CNY 357,063,228.34, compared to CNY 65,280,397.08 in the previous year, marking an increase of 447.5%[31] - The total profit for Q1 2015 reached CNY 372,976,285.67, up by 257.5% compared to CNY 104,380,277.84 in the previous year[34] - The company reported a significant increase in investment income, totaling CNY 420,818,060.52, compared to CNY 101,581,808.70 in the previous year, marking a growth of 314.5%[33] Revenue and Costs - Revenue decreased by 24.75% to CNY 794,084,322.90 compared to the same period last year[5] - Total operating revenue for Q1 2015 was CNY 802,865,291.94, a decrease of 24.5% compared to CNY 1,062,970,064.19 in the same period last year[30] - Operating costs for Q1 2015 were CNY 774,928,642.70, down 18.8% from CNY 954,119,694.69 in Q1 2014[31] - The company's operating revenue for Q1 2015 was CNY 19,925,143.39, a decrease of 86.4% compared to CNY 146,860,339.31 in the same period last year[33] - The operating expenses for Q1 2015 were CNY 10,756,392.61, up from CNY 9,973,534.98 in Q1 2014, indicating a rise of 7.8%[33] - The company experienced a decrease in sales costs, which were CNY 7,929,388.78, down from CNY 62,438,130.92 in the same period last year, a decline of 87.3%[33] Cash Flow - Operating cash flow increased by 63.45% to CNY 394,355,198.10 compared to the same period last year[5] - The net cash flow from operating activities increased due to higher cash receipts from real estate operations and cash received from the disposal of financial assets by a subsidiary[14] - The company reported a significant increase in cash flow from operating activities, with a net cash inflow of CNY 394,355,198.10, compared to CNY 241,270,354.69 in Q1 2014, representing a growth of 63.5%[37] - Investment activities generated a net cash inflow of CNY 379,426,585.06, a turnaround from a net outflow of CNY -72,150,578.37 in the same period last year[37] - The company reported an increase in cash flow from investment activities due to higher cash receipts from investment income[14] Assets and Liabilities - Total assets increased by 0.66% to CNY 20,502,076,435.41 compared to the end of the previous year[5] - The total assets as of March 31, 2015, amounted to approximately CNY 20.50 billion, an increase from CNY 20.37 billion at the beginning of the year[22] - The total liabilities decreased slightly to approximately CNY 11.61 billion from CNY 11.66 billion[23] - Long-term borrowings decreased by 71.43% to CNY 72,000,000.00 compared to the end of the previous year[13] - The company reduced its long-term borrowings to CNY 72 million from CNY 252 million, a decrease of approximately 71.4%[22] - Total liabilities decreased to CNY 6,137,344,475.02 from CNY 6,486,525,513.22 at the start of the year, reflecting a reduction of 5.4%[27] Shareholder Information - The number of shareholders reached 39,129 at the end of the reporting period[9] - The largest shareholder, Nanjing New Port Development Co., Ltd., holds 34.65% of the shares[9] Rental Income - The rental income from the commercial complex was CNY 173.20 million with an occupancy rate of 89.53%[16] - The average basic rental for the commercial complex was CNY 332.06 per square meter per year[16] - The average basic rental for the commercial complex, when adjusted for actual usage, was CNY 618.35 per square meter per year[17]

Financial Performance - In 2014, the company achieved a net profit of CNY 480,486,551.26 after deducting 10% for statutory surplus reserves, resulting in a distributable profit of CNY 432,437,896.13 for shareholders[2]. - The total distributable profit for 2014, including retained earnings from the previous year, amounted to CNY 1,517,714,343.65 after deducting dividends of CNY 134,216,896.32[2]. - The proposed profit distribution plan includes a stock dividend of 5 shares for every 10 shares held and a cash dividend of CNY 1 per share, totaling CNY 309,731,299.20[2]. - The company's operating revenue for 2014 was CNY 3,242,074,106.35, a decrease of 7.42% compared to 2013[21]. - The net profit attributable to shareholders increased by 41.65% to CNY 609,779,804.05 in 2014 compared to the previous year[21]. - Basic earnings per share reached CNY 1.181, with a weighted average return on equity of 9.23%, an increase of 0.73 percentage points compared to the previous year[30]. - The company achieved operating revenue of CNY 3,242.07 million, with a net profit attributable to shareholders of CNY 609.78 million, representing a year-on-year growth of 41.65%[30]. - The company’s investment income from equity projects reached CNY 482 million, marking a year-on-year increase of 38.59%[34]. - Non-recurring gains and losses totaled CNY 147.81 million, significantly higher than CNY 74.41 million in the previous year[25]. - The fair value of financial assets measured at fair value increased by CNY 3,938.52 million, impacting profit by CNY 403.48 million[28]. - The company reported a net profit of 16,200.81 million RMB from its subsidiary Nanjing Gaoke Real Estate Co., Ltd. for the year[91]. - The investment income from CITIC Securities contributed 32.31% to the company's net profit, amounting to approximately 206.51 million RMB[91]. Assets and Liabilities - Total assets increased by 30.88% to CNY 20,367,050,487.50 at the end of 2014 compared to the previous year[21]. - The company's total equity was RMB 8,704,514,480.03, compared to RMB 5,387,415,500.79 at the start of the year, reflecting a growth of approximately 61.5%[189]. - Cash and cash equivalents stood at RMB 1,017,371,066.67, slightly down from RMB 1,021,062,241.97, showing a decrease of about 0.4%[186]. - Accounts receivable decreased to RMB 339,657,949.64 from RMB 466,569,718.65, a decline of approximately 27.2%[186]. - Inventory increased significantly to RMB 7,835,848,639.09 from RMB 6,634,058,007.23, marking a rise of about 18.1%[186]. - Total liabilities reached RMB 11,662,536,007.47, up from RMB 10,174,502,754.04, indicating an increase of about 14.6%[189]. - The company's long-term equity investments decreased to RMB 250,602,030.02 from RMB 338,108,834.31, a decline of approximately 26%[186]. Cash Flow - Cash flow from operating activities increased by 39.40% to CNY 1,268,250,105.10 in 2014[21]. - The net cash flow from operating activities increased by 39.40% to CNY 1,268,250,105.10, attributed to improved cash recovery from municipal and real estate businesses[51]. - The company’s cash flow from investing activities increased by 71.22% to CNY 368,139,960.83, due to cash recovery from investments[51]. Business Segments - The real estate business recorded a contract sales area of 219,900 square meters, generating contract sales amounting to CNY 2,433.66 million, with a historical high in sales amount[31]. - The municipal business achieved operating revenue of CNY 1,202.57 million, reflecting a year-on-year increase of 18.54%[33]. - The pharmaceutical segment reported main business revenue of CNY 281.39 million, a year-on-year growth of 10.68%, with net profit increasing by 21.75% to CNY 54.82 million[34]. Corporate Governance and Management - The company was recognized as one of the "Most Respected Listed Companies" in 2014 by the China Listed Companies Association[35]. - The company has maintained its status as a "Contract-abiding and Trustworthy Unit" by the State Administration for Industry and Commerce for the 2012-2013 period[35]. - The company has established a performance evaluation mechanism for senior management based on key economic indicators, which is monitored by the remuneration and assessment committee[174]. - The company has implemented a risk management system and refined internal control self-assessment details to enhance risk management[166]. - The company has established a strong competitive advantage through its 23 years of operational experience in the Nanjing Economic and Technological Development Zone[70]. Investment Activities - The company achieved a total external investment of 321 million yuan, representing a year-on-year increase of 39.42%[73]. - The company invested 199.8 million yuan in Xiamen Tungsten Co., holding 1.20% of its equity[74]. - The company holds 11.23% of Nanjing Bank, with a book value of 4.89 billion yuan and a report period profit of 153.39 million yuan[79]. - The company sold shares of Zhongxin Securities, generating a profit of 194.94 million yuan during the reporting period[82]. Future Plans and Strategies - The company plans to issue CNY 2 billion in medium-term notes to optimize funding allocation and support development needs[34]. - The company plans to start new construction projects totaling 29.75 million square meters for residential properties and 19.86 million square meters for affordable housing in 2015[63]. - The company aims to maintain reasonable growth in key operating indicators while adapting to the "new normal" of economic development[95]. - The company will focus on the integration and expansion of its pharmaceutical business, seeking potential acquisition targets to enhance profit contributions[95]. - The company intends to leverage its platform advantages to accelerate the development of its equity investment business, targeting new quality investment projects[96]. Risks and Challenges - The company recognizes potential risks including policy risks related to real estate, business transformation risks, and funding risks[99]. - The company will actively monitor macroeconomic trends and market movements to ensure steady growth in operating performance[99]. - The company emphasizes the importance of resource integration and innovation in its real estate and municipal business to adapt to market changes[92]. Shareholder Information - The total number of shareholders increased from 36,325 to 37,143 during the reporting period[135]. - The largest shareholder, Nanjing New Port Development Company, holds 34.65% of the shares, with 89.44 million shares pledged[137]. - The company has no preferred shares or significant changes in share capital during the reporting period[138][146]. Employee and Executive Compensation - The total compensation for executives during the reporting period amounted to 5.0554 million yuan[149]. - Xu Yimin, the Chairman, received a total compensation of 887,500 yuan[149]. - Xiao Baomin, the President, received a total compensation of 806,800 yuan[149]. - The company employed a total of 801 staff, with 56 in the parent company and 745 in major subsidiaries[158].

1 / 22 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 11 | 2014 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员应当保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人徐益民、主管会计工作负责人陆阳俊及会计机构负责人（会计主管人员）陆阳俊 保证季度报告中财务报表的真实、准确、完整。 南京高科股份有限公司 2014 年第三季度报告 2014 年第三季度报告 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上 年度末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 16,933,744,990.62 | 15,561,918,254.83 | | 8.82 | | 归属于上市公司股东的净资产 | 5,460 ...

Financial Performance - The company achieved operating revenue of CNY 1,557,504,139.79, a decrease of 14.27% compared to the same period last year[15] - Net profit attributable to shareholders was CNY 264,476,508.48, representing a year-on-year increase of 10.56%[15] - Basic earnings per share were CNY 0.512, up 10.56% from CNY 0.463 in the previous year[15] - The weighted average return on equity increased to 5.26%, up by 0.50 percentage points from the previous year[15] - The municipal business generated operating revenue of CNY 808,577,900, a growth of 32.24% year-on-year[21] - The company's main business revenue reached CNY 155,750,413.79, a decrease of 14.27% compared to the previous year[24] - The net profit for the reporting period was CNY 29,459,200, reflecting a year-on-year increase of 13.97%[22] - Investment income from equity projects amounted to CNY 266 million, a year-on-year increase of 12.47%[22] - The company reported a total operating cost of CNY 1,511,172,739.22, down 14.1% from CNY 1,758,761,591.03 in the previous year[90] - The company achieved a total comprehensive income of CNY 159,616,805.90, compared to a loss of CNY 245,411,127.35 in the previous year[91] Cash Flow and Assets - The company maintained a net cash flow from operating activities of CNY 450,365,382.42, down 31.35% from the previous year[15] - Total assets increased by 7.10% to CNY 16,667,026,500.10 compared to the end of the previous year[15] - Total current assets increased to ¥10,384,022,102.93 from ¥9,234,702,392.73, representing a growth of approximately 12.4%[82] - Cash and cash equivalents decreased to ¥1,000,152,492.98 from ¥1,021,062,241.97, a decline of about 2.0%[82] - The ending cash and cash equivalents balance was ¥570,383,928.90, an increase from ¥333,028,894.15 at the end of the previous year[101] Investments and Equity - The company invested in high-potential firms such as Saiters and Anyuan Technology, enhancing its equity investment project reserves[35] - The company invested a total of 9,100,000 RMB in Saiters Information Technology Co., Ltd., holding a 7% equity stake[36] - The company made a joint investment of 1,400,000 RMB in Nanjing Anyuan Technology Co., Ltd., also holding a 7% equity stake[36] - The company’s total equity attributable to shareholders was ¥5,412,815,410.37 at the end of the reporting period[105] - The company has a remaining distributable profit of 1,085,276,447.52 RMB to be carried forward to future years[50] Liabilities and Guarantees - Total liabilities increased to ¥11,254,211,089.73 from ¥10,174,502,754.04, reflecting a growth of approximately 10.6%[84] - The total amount of guarantees provided by the company (excluding subsidiaries) during the reporting period was 90,000,000 RMB[60] - The overall guarantee amount (including subsidiaries) was 320,460,000 RMB[60] - The total balance of guarantees at the end of the reporting period (excluding subsidiaries) was 271,400,000 RMB[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 48,263, with the largest shareholder holding 34.655% of the shares[72] - The largest shareholder, Nanjing New Port Development Company, holds 178,893,815 shares, with 89,440,000 shares pledged[72] - The company distributed dividends totaling ¥144,347,910.75 during the first half of 2014, compared to ¥162,804,192.23 in the previous year[101] Research and Development - Research and development expenses increased by 78.27% to CNY 5,945,564.68, driven by higher investment in subsidiary projects[24] - Expenditures during the research phase of internal R&D projects are recognized as expenses in the current period[183] - Expenditures during the development phase of internal R&D projects are recognized as intangible assets if they meet specific criteria, including technical feasibility and intention to complete[184] Financial Reporting and Compliance - The company adheres to the accounting standards set by the Ministry of Finance and ensures that its financial statements reflect a true and complete picture of its financial status[119] - The company’s financial statements are prepared based on the principle of ongoing operations and actual transactions[118] - The company has not received any administrative penalties or required rectifications from regulatory authorities during the reporting period[67] Risk Management - The company has strengthened its risk management system and internal control measures during the reporting period[66] - The company has no major litigation, arbitration, or media disputes during the reporting period[53] - The company has no bankruptcy reorganization matters during the reporting period[54]

Financial Performance - Operating revenue for the first quarter was ¥1,055,203,685.69, representing a significant increase of 48.98% year-on-year[8] - Net profit attributable to shareholders increased by 5.16% to ¥65,280,397.08 compared to ¥62,078,275.24 in the same period last year[8] - Total operating revenue for Q1 2014 was ¥1,062,970,064.19, an increase of 49.1% compared to ¥712,418,719.28 in the same period last year[31] - Net profit for Q1 2014 reached ¥69,058,350.02, a slight increase of 1.5% from ¥68,042,838.34 in Q1 2013[32] - Basic and diluted earnings per share for Q1 2014 were both ¥0.126, up from ¥0.120 in Q1 2013[32] Assets and Liabilities - Total assets at the end of the reporting period reached ¥15,618,370,078.88, an increase of 0.36% compared to the end of the previous year[8] - The company's total assets as of March 31, 2014, amounted to 15.62 billion RMB, showing a slight increase from 15.56 billion RMB at the beginning of the year[22] - The total liabilities were reported at 10.37 billion RMB, compared to 10.17 billion RMB at the beginning of the year, indicating an increase in leverage[23] - Total assets decreased to ¥11,059,425,755.20 from ¥11,126,981,014.14, reflecting a decline of 0.6%[29] - Total liabilities increased to ¥6,491,121,243.07 from ¥6,452,233,437.73, marking a rise of 0.6%[29] Cash Flow - The net cash flow from operating activities decreased by 44.99% to ¥241,270,354.69 from ¥438,570,547.34 year-on-year[8] - Cash inflow from operating activities was ¥1,351,907,480.99, down from ¥1,482,349,946.09 in the previous year, a decrease of 8.8%[37] - Net cash flow from operating activities was CNY 241,270,354.69, down from CNY 438,570,547.34, representing a decline of about 45%[38] - Cash inflow from investment activities was CNY 142,942,924.43, significantly higher than CNY 29,805,823.00 in the previous period[38] - Net cash flow from investment activities was negative at CNY -72,150,578.37, compared to CNY -50,296,747.83 previously, indicating a worsening situation[38] Shareholder Information - The number of shareholders at the end of the reporting period was 49,964[11] - Net assets attributable to shareholders decreased by 2.76% to ¥4,834,755,699.06 from ¥4,972,093,765.61[8] - The total equity attributable to shareholders decreased to 4.83 billion RMB from 4.97 billion RMB, a decline of about 2.8%[23] - The total equity decreased to ¥4,568,304,512.13 from ¥4,674,747,576.41, a decline of 2.3%[28] Inventory and Receivables - The company's receivables increased by 174.86% to ¥197,187,464.24 compared to ¥71,740,414.92 at the end of the previous year[13] - The company has a significant amount of inventory, reported at 6.73 billion RMB, which is slightly up from 6.63 billion RMB at the beginning of the year[21] Revenue from Properties - The total revenue from the commercial complex (Dongchenghui) was 120.89 million RMB, with an occupancy rate of 87.73% and an average basic rent of 371.16 RMB per square meter per year[17] - The total revenue from industrial plants was 1,904.69 million RMB, with an occupancy rate of 85.97% and an average basic rent of 380.16 RMB per square meter per year[17] - The average basic rent for the Dongchenghui project, when calculated on an actual usage basis, was 682.32 RMB per square meter per year[18] Compliance and Commitments - The company has committed to not engaging in any competing business activities, ensuring compliance with its commitments made during the IPO[19]

Financial Performance - In 2013, the company achieved a net profit of CNY 372,356,354.76 after deducting 10% for statutory surplus reserves, resulting in distributable profits of CNY 335,120,719.28 for the year[5]. - The total revenue for 2013 was CNY 3,502,006,870.57, representing a 61.87% increase compared to CNY 2,163,458,610.93 in 2012[24]. - The net profit attributable to shareholders increased by 12.16% to CNY 430,469,705.33 from CNY 383,809,256.67 in the previous year[24]. - The basic earnings per share for 2013 was CNY 0.834, a 12.16% increase from CNY 0.744 in 2012[25]. - The company reported a significant increase in cash flow from operating activities, with a net cash flow of CNY 909,801,975.66, up 140.98% from CNY 377,537,989.46 in 2012[24]. - The total operating revenue increased significantly due to a higher number of projects recognized in the current period, despite a shift towards lower-margin projects[51]. - The company reported a total construction area of 31.91 million square meters and a completed area of 38.43 million square meters for the year 2013[55]. - The company reported a revenue of 4.261 billion RMB and a net profit of 580 million RMB for the year 2013, with a profit attributable to the parent company of 269 million RMB[119]. Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY 909,801,975.66, a 140.98% increase from the previous year[38]. - The cash flow from investing activities decreased by 43.46% to CNY 215,011,044.77, primarily due to reduced cash received from investment income[47]. - The company achieved an investment income of 34,764,000 RMB for the year 2013, including 3,960,000 RMB from Guangzhou Rural Commercial Bank[68]. - The company has a significant investment in quality equity valued at nearly 5 billion RMB, providing a strong financial safety net[66]. - The company anticipates a total funding requirement of 3 billion RMB for 2014, which will be sourced through accelerated sales of existing real estate projects, municipal business cash recovery, and bank financing[86]. Assets and Liabilities - The total assets of the company decreased by 4.81% to CNY 15,561,918,254.83 from CNY 16,348,407,710.53 in 2012[24]. - The company's total liabilities were RMB 6,452,233,437.73, down from RMB 7,128,846,756.46, indicating a reduction of about 9.5%[164]. - The total owner's equity decreased to RMB 4,674,747,576.41 from RMB 4,923,983,534.58, reflecting a decline of about 5.0%[164]. - The company's long-term equity investments increased to RMB 3,382,999,302.62 from RMB 3,283,878,959.35, showing a growth of approximately 3.0%[161]. Business Strategy and Operations - The company has maintained its focus on municipal infrastructure construction, land development, and equity investment, with plans for sustainable business growth[18]. - The municipal business generated operating revenue of CNY 1,014,526,600, up 29.36% year-on-year[32]. - The company plans to start new construction projects totaling 210,000 square meters for affordable housing in 2014[57]. - The company will actively engage in the development of affordable housing projects, aiming to boost sales and project development progress[84]. - The company continues to focus on high-tech industry investments and municipal infrastructure construction as part of its business strategy[199]. Shareholder and Governance - The company plans to distribute a cash dividend of CNY 2.6 per 10 shares, totaling CNY 134,216,896.32, subject to shareholder approval[5]. - The company has cumulatively distributed over 1.2 billion RMB in cash dividends since its listing, exceeding its total fundraising amount of 615 million RMB[89]. - The total remuneration for directors and senior management during the reporting period amounted to 482.9 million RMB[126]. - The company has established a remuneration committee to review and confirm the compensation of directors and senior management[133]. - The company emphasizes the importance of performance-based remuneration for its management team, aligning incentives with company performance[133]. Risks and Challenges - The real estate sector is expected to face intensified competition and shrinking profit margins due to economic slowdown and regulatory normalization[82]. - The company faces risks related to policy changes, economic cycles, and financial management, which could impact its operational environment and profitability[87]. - The company reported a significant decrease in other comprehensive income of ¥492,537,604.93, impacting the total owner's equity negatively[185]. Employee and Training - The total number of employees in the parent company and major subsidiaries is 769, with 57 in the parent company and 712 in subsidiaries[136]. - The company plans to enhance its training system and strengthen collaboration with universities and external experts to improve employee skills[137].