证券代码：600108 证券简称：亚盛集团 公告编号：2023-037 甘肃亚盛实业（集团）股份有限公司 关于对全资子公司甘肃亚盛薯业 集团有限责任公司增资的公告 本公司董事会及全体董事保证本公告内容不存在虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： 增资对象：甘肃亚盛薯业集团有限责任公司 增资金额：本次增资13,000万元，增资完成后，该公司注册资本为 23,000万元。 一、本次增资概述 1.为增强公司马铃薯产业市场竞争力，加快马铃薯产业发展步伐，提 高经济效益。公司拟向全资子公司甘肃亚盛薯业集团有限责任公司增资 13,000万元，本次增资完成后，该公司注册资本将变更为23,000万元。 2.上述事项经公司第九届董事会第十九次会议和第九届监事会第十 三次会议审议通过，无需提交股东大会审议。 3.本次增资不构成关联交易和重大资产重组。 二、本次增资对象基本情况 （一）基本情况 1.公司名称：甘肃亚盛薯业集团有限责任公司 2.企业类型：有限责任公司 1 3.注册地址：甘肃省兰州市城关区雁兴路农垦大厦 1002 4.注册资本：人民币壹亿元整 5.法定代表 ...

●被担保人：甘肃亚盛薯业集团有限责任公司（以下简称：亚盛薯业）、 甘肃天润薯业有限责任公司（以下简称：天润薯业）、甘肃亚盛田园牧歌 草业集团有限责任公司（以下简称：亚盛田园牧歌）。 证券代码：600108 证券简称：亚盛集团 编号：2023-042 甘肃亚盛实业（集团）股份有限公司 为子公司提供担保的进展公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法 律责任。 重要内容提示： ●本次担保金额：甘肃亚盛实业（集团）股份有限公司（以下简称： 公司）为亚盛薯业提供担保3,500万元、为天润薯业提供担保1,000万元、 为亚盛田园牧歌提供担保5,000万元。 ●本次担保是否有反担保：无 ●对外担保累计余额：截至2023年8月25日，公司对外担保总额为 64,667万元，均为对全资子公司提供的担保。 ● 对外担保逾期的累计数量：无 一、本次担保概述 （一）担保额度审批情况 1.为亚盛薯业集团、天润薯业担保额度审批情况 公司于2022年7月11日和2022年7月28日召开了第九届董事会第十次 会议及2022年第二次临时股东大会，审议通过了《 ...

证券代码：600108 证券简称：亚盛集团 公告编号：2023-023 甘肃亚盛实业(集团)股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 重要内容提示： （网址：http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 09 日（星期二）至 05 月 15 日（星期 一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通 过公司邮箱 ysjtdshbgs@163.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 甘肃亚盛实业(集团)股份有限公司（以下简称"公司"）已于2023 年4月26日发布公司2022年年度报告，为便于广大投资者更全面深入 地了解公司2022年度经营成果、财务状况，公司计划于2023年05月16 日上午9:00-10:00举行2022年度业绩暨现金分红说明会，就投资者关 心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动 ...

Financial Performance - Revenue for 2022 reached 3,639,204,400 yuan, a year-on-year increase of 9.20%[13] - Net profit attributable to shareholders of the parent company was 77,351,200 yuan, with a net profit after deducting non-recurring gains and losses of 46,441,600 yuan[13] - Revenue increased by 9.20% to RMB 3,639,204,399.96 compared to the previous year[29] - Net profit for the period was RMB 69,760,776.70, an increase from RMB 64,463,697.43 in the previous period[68] - Net profit for 2022 was 59,546,960.89 RMB, up from 47,866,068.53 RMB in 2021[169] - Net profit for 2022 was 69,760,776.70 RMB, compared to 64,463,697.43 RMB in the previous year[186] - Operating profit for 2022 was 60,583,598.15 RMB, up from 57,291,820.70 RMB in the previous year[186] - Total comprehensive income attributable to the parent company was 28,148,245.68 RMB in 2022, compared to 68,935,999.34 RMB in 2021[159] - Comprehensive income for 2022 was 10.34 million, compared to 59.55 million in 2021[195] - Net profit for the period was 44,990,568.53, indicating a recovery in earnings[181] Assets and Liabilities - Total assets at the end of the reporting period were 8,733,036,500 yuan, an increase of 5.98% compared to the beginning of the year[13] - Total liabilities at the end of the reporting period were 4,658,227,200 yuan, an increase of 11.40% compared to the beginning of the year[13] - Monetary funds increased by 26.18% to 735,472,400.34 yuan, accounting for 8.42% of total assets[35] - Short-term loans surged by 160.71% to 2,268,050,695.39 yuan, representing 25.97% of total assets[35] - Long-term loans rose by 66.58% to 661,881,722.23 yuan, making up 7.58% of total assets[35] - Total assets increased to 8,733,036,459.78 RMB in 2022, up from 8,240,653,538.26 RMB in 2021[155] - Short-term borrowings surged to 2,268,050,695.39 RMB in 2022, compared to 869,958,589.84 RMB in 2021[155] - Total current liabilities increased to 3,585,991,223.85 RMB in 2022, compared to 1,913,277,326.81 RMB in 2021[155] - Long-term borrowings grew to 661,881,722.23 RMB in 2022, up from 397,328,356.10 RMB in 2021[155] - Total liabilities reached 4,658,227,203.21 RMB in 2022, compared to 4,181,578,265.65 RMB in 2021[155] - Shareholders' equity totaled 4,074,809,256.57 RMB in 2022, slightly up from 4,059,075,272.61 RMB in 2021[156] - Total assets increased to 8,113,786,059.56 RMB in 2022, up from 7,874,150,750.32 RMB in 2021[165] - Total liabilities increased to 3,549,869,634.71 RMB in 2022, up from 3,312,795,516.81 RMB in the previous year[185] - Total equity (or shareholders' equity) slightly increased to 4,563,916,424.85 RMB in 2022 from 4,561,355,233.51 RMB in the previous year[185] Revenue Breakdown by Sector - Agricultural sector revenue was 3,007,553,788.72 yuan, with a gross margin of 19.14%, a decrease of 0.30 percentage points year-on-year[15] - Industrial sector revenue was 165,794,458.66 yuan, with a gross margin of 14.59%, a decrease of 5.64 percentage points year-on-year[15] - Commercial sector revenue was 725,529,783.22 yuan, with a gross margin of 5.49%, an increase of 1.07 percentage points year-on-year[15] - Revenue from chili products increased by 62.15% to RMB 342,700,661.72[31] - Production volume of chili products increased by 71.42% to 47,764.83 tons[31] - Gross profit margin for fruit products increased by 20.50 percentage points to 22.19%[31] - Domestic revenue accounted for RMB 3,639,204,399.96, representing a 9.20% increase year-over-year[31] - Direct sales revenue was RMB 3,639,204,399.96, with a gross profit margin of 17.46%[31] - Agricultural sector costs increased by 11.34% to RMB 2,108,001,448.82, accounting for 64.59% of total costs[32] - Sales revenue from goods and services increased to 3,776,467,424.40 in 2022, up from 3,431,634,831.69 in 2021[171] R&D and Innovation - R&D expenses increased significantly by 38.41% to 32,253,056.79 yuan compared to the previous year[17] - The company has 98 R&D personnel, accounting for 1.95% of the total workforce[18] - R&D expenses increased by 38.41% to RMB 32,253,056.79 due to increased R&D investment[29] - The company has established a postdoctoral innovation practice base in Gansu Province and collaborates with research institutions for technological advancements[27] - The company emphasizes the importance of digital agriculture and modern agricultural practices for future growth[38] Cash Flow and Liquidity - Net cash flow from operating activities increased by 64.37% to RMB 258,546,434.65[29] - Operating cash flow net amount was RMB 258,546,434.65, up from RMB 157,296,710.56 in the previous period[69] - Cash and cash equivalents at the end of the period were RMB 683,004,206.21, compared to RMB 560,608,931.41 at the beginning of the period[70] - Restricted cash due to bill guarantees and guarantee deposits amounted to RMB 52,468,194.13[72] - Foreign currency monetary funds at the end of the period were RMB 3,527,818.54, converted at an exchange rate of 6.9646[73] - Net cash flow from operating activities rose to 258,546,434.65 in 2022, compared to 157,296,710.56 in 2021[171] - Net cash flow from investing activities was -194,256,491.47 in 2022, compared to -140,351,102.03 in 2021[172] - Net cash flow from financing activities was 58,384,223.26 in 2022, compared to -528,455,950.76 in 2021[172] - Net increase in cash and cash equivalents was 122,395,274.80 in 2022, compared to -511,047,631.66 in 2021[172] - Total cash and cash equivalents increased to 598.35 million at the end of 2022 from 469.70 million at the beginning of the year[188] Subsidiaries and Investments - Two new subsidiaries were added: Gansu Zhongken Yu Seed Co., Ltd. and Gansu Yasheng Seed Group Seed Research Institute Co., Ltd.[39] - Gansu Zhongken Yu Seed Co., Ltd. was established with a registered capital of 30 million yuan, focusing on seed production and agricultural services[40] - Gansu Yasheng Pastoral Song Grass Industry Group Co., Ltd. reported a net profit of 38.34 million yuan[37] - Gansu Yasheng Lvxin Beer Raw Material Group Co., Ltd. achieved a net profit of 10.09 million yuan[37] - The company holds 100% equity in 12 subsidiaries, including Gansu Yasheng Pastoral Grass Industry Group Co., Ltd., Gansu Yasheng Luxin Beer Raw Material Group Co., Ltd., and Gansu Yasheng Haoshibang Food Group Co., Ltd., all established in Gansu Province[41] - Gansu Ruisheng•Yameite High-tech Agriculture Co., Ltd. is 75% owned by the company, with the remaining 25% indirectly held[41] - The subsidiary Gansu Ruisheng Yamet High-tech Agriculture Co., Ltd. reported a net loss of RMB 26.39 million for the period, with a total comprehensive loss of RMB 26.39 million and negative operating cash flow of RMB 55.24 million[49] - Gansu Ruisheng Yamet High-tech Agriculture Co., Ltd. had total assets of RMB 165.71 million at the end of the period, with current assets of RMB 164.15 million and non-current assets of RMB 1.56 million[49] - The company's consolidated financial statements include 38 subsidiaries for the year 2022[199] Risk Management - The company faces macroeconomic policy risks, market risks, project risks, and natural disaster risks, which could impact agricultural production and operations[42] - The company's financial risk management focuses on market risk, credit risk, and liquidity risk, with measures in place to mitigate these risks[51] - The company's market risk includes foreign exchange risk, primarily related to USD-denominated sales and a USD loan, with potential impact on financial performance[51] - The company's credit risk is managed through credit approval processes and monitoring to ensure recovery of overdue receivables, with adequate bad debt provisions[52] - The company maintains sufficient cash and cash equivalents to manage liquidity risk and meet operational needs[52] - The company's financial instruments include equity investments, borrowings, receivables, and payables, with risk management policies to balance risk and return[51] - The company's equity investments are subject to market price risk due to fair value measurement at the balance sheet date[52] - The company's short-term and long-term borrowings, as well as bonds payable, are not subject to interest rate risk as they do not have floating rates[52] - The company's financial assets and liabilities are primarily denominated in RMB, with limited exposure to foreign currency risk[51] Corporate Governance - The company held 3 general meetings of shareholders and 7 board meetings during the reporting period, discussing 38 proposals[43] - The company's senior management appointments and dismissals are strictly in accordance with relevant laws, regulations, and the company's articles of association[44] - The 2021 Annual General Meeting of Shareholders approved 16 proposals, including the 2021 Board of Directors Work Report and the 2021 Financial Report[44] - The 2022 First Extraordinary General Meeting of Shareholders approved the issuance of medium-term notes[44] - The 2022 Second Extraordinary General Meeting of Shareholders approved the replacement of directors and the provision of maximum loan guarantees for subsidiaries[44] - The company's board of directors and senior management, including Chairman Li Keshu and Vice President Gou Fohong, received annual pre-tax remuneration ranging from RMB 43.41 million to RMB 51.05 million[64] - The company held 7 board meetings in 2022, with all directors attending as required, and no instances of consecutive absences[81] - The Audit Committee held 6 meetings in 2022, reviewing financial reports, audit plans, and internal control evaluations[83][84] - The Nomination Committee held 1 meeting in 2022, approving proposals for director replacement and senior management appointments[85] - The Compensation Committee held 1 meeting in 2022, reviewing the 2021 senior management performance evaluation results[86] - The company revised multiple internal regulations, including the Articles of Association, Board Meeting Rules, and Independent Director Work System[80] - The company approved the establishment of a seed research institute by its wholly-owned subsidiary[80] - The company provided credit guarantees and loan guarantees for its subsidiaries[80] - The company issued medium-term notes and applied for bank loan facilities[80] - The company conducted inter-subsidiary equity transfers and subsidiary branch closures[80] - The company prepared and reviewed quarterly financial reports throughout 2022[84] - The company's board of directors approved the reappointment of Da Xin Certified Public Accountants as the financial report and internal control audit institution for 2022[118] - The company's director Li Zongwen was investigated for suspected disciplinary and duty-related violations, but this incident is unrelated to the company's operations[119] - The company has no major litigation or arbitration matters during the reporting period[118] - The company's total share capital and equity structure remained unchanged during the reporting period[124] - The company has no significant changes in its accounting policies, estimates, or major accounting errors during the reporting period[117] Shareholder Information - The parent company, Gansu Agricultural Reclamation Group Co., Ltd., holds a 15.57% stake and 24.58% voting rights in the company[56] - Several executives hold positions in the parent company, including Ma Jianlin as Party Committee Member and Deputy General Manager since December 2021[58] - The company has 39 affiliated companies, all of which are wholly-owned or controlled subsidiaries of the parent company[59] - The company's subsidiaries include Gansu Qizheng Advertising Culture Media Co., Ltd., Gansu Ruijia Animal Husbandry Co., Ltd., and Gansu Nongken Baopinghe Ranch Co., Ltd., all of which are wholly-owned subsidiaries of the parent company[60] - The company's total number of ordinary shareholders at the end of the reporting period is 130,124[125] - The company's total number of ordinary shareholders at the end of the previous month before the annual report disclosure is 127,878[125] - Gansu Agricultural Reclamation Group Co., Ltd. holds 303,121,313 shares, accounting for 15.57% of the total shares[127] - Gansu Agricultural Reclamation Asset Management Co., Ltd. holds 175,371,852 shares, accounting for 9.01% of the total shares[127] - Gao Bin holds 14,141,614 shares, accounting for 0.73% of the total shares[127] - Cheng Ye holds 10,000,200 shares, accounting for 0.51% of the total shares[127] - Zhuhai Hengqin Liangxing Investment Management Co., Ltd. holds 9,000,000 shares, accounting for 0.46% of the total shares[127] - Mao Luping holds 8,538,539 shares, accounting for 0.44% of the total shares[127] - Chen Wei holds 6,572,200 shares, accounting for 0.34% of the total shares[128] - Dong Zhenhong holds 5,102,300 shares, accounting for 0.26% of the total shares[128] - Zhao Chuanmin holds 5,030,000 shares, accounting for 0.26% of the total shares[128] - Guangdong Fengwei Property Management Co., Ltd. holds 5,000,000 shares, accounting for 0.26% of the total shares[128] Environmental and Social Responsibility - The company's environmental responsibility initiatives include promoting sustainable agriculture, reducing plastic film pollution, and improving living conditions for employees[100] - Environmental protection funds invested during the reporting period amount to RMB 2.8066 million[107] - The company has not established a mechanism related to environmental protection[107] - No specific measures were taken to reduce carbon emissions during the reporting period[108] - The company focused on ecological protection in the Qilian Mountain National Park area, promoting the transformation of traditional animal husbandry to modern animal husbandry[108] - The company actively participated in local COVID-19 prevention and control systems, donating materials and organizing grassroots party members to block the spread of the epidemic[109] - The company implemented industrial, technical, and labor assistance to help surrounding farmers increase income, including building standardized potato production bases and providing free technical services[110] Future Plans and Strategies - The company plans to focus on enhancing core competitiveness and profitability through internal growth and external expansion in 2023[23] - The company aims to expand land resources and improve agricultural production levels through high-standard farmland construction[24] - The company will continue to innovate marketing models and enhance brand influence through various agricultural service models[24] - The company's training plan for 2023 focuses on institutionalized and regular training, with a "going out and bringing in" approach to enhance the effectiveness of education and training[91] Miscellaneous - The company's comprehensive mechanization rate for crop cultivation reached 92%, with advanced agricultural machinery and equipment[12] - The company's agricultural products achieved a yield increase effect of up to 15% in some crops through optimized socialized services[11] - The company actively expanded new marketing methods such as live streaming and community group buying, and saw significant growth in export trade[11] - Sales expenses decreased by 9.39% to 49,725,865.93 yuan compared to the previous year[17] - Management expenses increased by 11.09% to 318,956,797.03 yuan compared to the previous year[17] - The company's restricted monetary funds amounted to 52,468,194.13 yuan at the end of the reporting period[20] - The company disclosed 56 announcements throughout the year, improving information disclosure management[27] - Gross profit margin for forage products increased by 3.5 percentage points to 18.79%[31] - R&D investment data is not applicable for detailed breakdown or significant changes in R&D personnel structure[34] - Cash flow data is applicable and provided[34] - The company's actual controller is the State-owned Assets Supervision and Administration Commission of Gansu Provincial People's Government[161] - The company's fiscal year runs from January 1 to December 31[200] - The financial statements were approved by the 16th meeting of the 9th Board of Directors on April 24, 2022[198]

Financial Performance - The company's operating revenue for Q1 2023 was ¥621,304,972.23, representing a year-on-year increase of 5.18%[3] - The net profit attributable to shareholders for Q1 2023 was ¥26,406,452.89, reflecting a growth of 5.24% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥16,425,822.18, which is an increase of 19.14% year-on-year[3] - Basic earnings per share for Q1 2023 were ¥0.0136, up by 5.43% from the previous year[3] - The net profit for Q1 2023 was CNY 26,046,178.24, an increase of 4.57% compared to CNY 24,909,562.44 in Q1 2022[15] - Operating profit for Q1 2023 reached CNY 25,623,566.49, up from CNY 23,456,278.98 in the same period last year, reflecting a growth of 9.25%[15] - Total revenue from sales and services in Q1 2023 was CNY 786,298,674.31, compared to CNY 675,139,598.29 in Q1 2022, marking an increase of 16.49%[18] - The company reported a total comprehensive income of CNY 30,519,178.24 for Q1 2023, compared to a loss of CNY 5,123,437.56 in Q1 2022[16] - The basic and diluted earnings per share for Q1 2023 were both CNY 0.0136, up from CNY 0.0129 in Q1 2022[16] Cash Flow and Expenses - The net cash flow from operating activities surged by 292.60% to ¥14,327,490.51, attributed to an increase in cash received from operating activities[5] - The net cash flow from operating activities for Q1 2023 was CNY 14,327,490.51, significantly higher than CNY 3,649,353.03 in Q1 2022[19] - Research and development expenses increased to CNY 6,498,345.38 in Q1 2023 from CNY 4,500,760.88 in Q1 2022, representing a growth of 44.43%[15] - Tax expenses for Q1 2023 amounted to CNY 2,256,157.34, an increase from CNY 1,622,933.59 in Q1 2022, reflecting a rise of 38.96%[15] - The company incurred a net cash outflow from financing activities of CNY 88,919,964.10 in Q1 2023, compared to an inflow of CNY 319,423,766.69 in Q1 2022[20] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥8,638,447,655.75, a slight decrease of 0.07% from the end of the previous year[3] - Current assets as of March 31, 2023, totaled RMB 3,977,680,024.73, a slight decrease from RMB 4,018,843,301.89 at the end of 2022[10] - Non-current assets amounted to RMB 4,660,767,631.02 as of March 31, 2023, down from RMB 4,714,193,157.89 at the end of 2022[11] - Total liabilities as of March 31, 2023, were RMB 4,533,148,293.46, down from RMB 4,658,227,203.21 at the end of 2022[12] - Shareholders' equity attributable to shareholders increased by 1.39% to ¥4,109,285,591.53 compared to the end of the previous year[3] - Shareholders' equity increased to RMB 4,105,299,362.29 from RMB 4,074,809,256.57 at the end of 2022[12] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 127,878[7] Inventory and Receivables - Accounts receivable as of March 31, 2023, were RMB 1,329,508,507.68, down from RMB 1,384,103,946.85 at the end of 2022[10] - Inventory increased to RMB 1,104,521,454.80 from RMB 1,066,853,883.33 at the end of 2022[10] - Cash and cash equivalents decreased to RMB 657,606,279.60 from RMB 735,472,400.34 at the end of 2022[10] - Cash and cash equivalents at the end of Q1 2023 were CNY 589,157,953.47, down from CNY 838,012,342.79 at the end of Q1 2022[20] Non-Recurring Gains - The company recognized non-recurring gains of ¥9,980,630.71 during the quarter, primarily from government subsidies and other non-operating income[4] - Total operating costs for Q1 2023 were RMB 605,639,136.41, up from RMB 576,708,655.74 in Q1 2022, reflecting a year-over-year increase of 5.0%[14]

Financial Performance - The company's operating revenue for 2021 was CNY 3,332,692,529.72, representing a 6.41% increase compared to CNY 3,132,066,911.75 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 71,811,499.34, a significant recovery from a loss of CNY 852,470,250.85 in 2020[17]. - The net cash flow from operating activities increased by 32.49% to CNY 157,296,710.56 in 2021, compared to CNY 118,722,012.69 in 2020[17]. - The total assets of the company at the end of 2021 were CNY 8,240,653,538.26, a decrease of 1.18% from CNY 8,338,953,979.77 at the end of 2020[17]. - The net assets attributable to shareholders increased by 1.29% to CNY 4,058,010,758.21 at the end of 2021, compared to CNY 4,006,285,985.08 at the end of 2020[17]. - The basic earnings per share for 2021 were CNY 0.0369, a recovery from a loss of CNY 0.4379 per share in 2020[18]. - The weighted average return on net assets increased by 20.46 percentage points to 1.78% in 2021, compared to -18.68% in 2020[18]. - The company's total revenue for Q4 reached 1,417,141,845.89 RMB, marking a significant increase compared to previous quarters[21]. - The net profit attributable to shareholders for Q4 was 22,573,161.50 RMB, showing a recovery from earlier losses in the year[21]. - The net cash flow from operating activities in Q4 was 293,936,457.23 RMB, indicating a strong turnaround from negative cash flows in Q2 and Q3[21]. Research and Development - Research and development expenses increased by 13.39% to CNY 23,302,973.84, reflecting a commitment to innovation[35]. - The company has filed 17 new invention patents and implemented 59 new agricultural planting technologies, boosting its innovation capabilities[28]. - The company has 96 R&D personnel, accounting for 1.85% of the total workforce[45]. - Investment in R&D increased by 30%, totaling 150 million CNY, focusing on innovative technologies and product development[70]. Market Expansion and Strategy - The company is expanding its market presence by establishing a professional marketing team and developing multi-channel sales networks, including online and community group buying[27]. - The company has initiated a new medicinal herb industry, leveraging national policies to enhance growth and has made significant progress in land resource acquisition[27]. - The company achieved a revenue of CNY 3,332,692,529.72, representing a year-on-year increase of 6.41%[34]. - The company plans to enhance agricultural technology and information integration, focusing on "Internet+" and modern high-tech agriculture to drive industry transformation[55]. - Gansu Yasheng aims to strengthen its core agricultural business while expanding into the health sector by increasing the scale of traditional Chinese medicine cultivation and processing[57]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[70]. Financial Management and Governance - The company has successfully integrated its financial management, improving fund utilization efficiency through centralized management[28]. - The total remuneration for directors and senior management during the reporting period amounted to 309.86 million yuan, with the highest individual remuneration being 40.50 million yuan[69]. - The company held two shareholder meetings during the reporting period, ensuring equal rights for all shareholders[66]. - The company’s board of directors met eight times, discussing 34 proposals to ensure effective governance[66]. - The company has established a transparent remuneration policy for its directors and senior management[73]. Risk Management - The company has outlined potential risks in its future plans and strategies, which investors should be aware of[5]. - The company faces risks from macroeconomic policies, market competition, and rising costs, and plans to optimize its industrial layout and introduce new crop varieties[62]. - The company will implement measures to mitigate risks from natural disasters and ensure compliance with food safety regulations[63]. Sustainability and Social Responsibility - The company promotes sustainable agricultural practices, including the application of integrated water and fertilizer technology and the use of biodegradable agricultural films[95]. - The company actively engaged in ecological environment protection, focusing on grassland restoration and modern livestock farming, enhancing forage supply capacity[96]. - The company supported over 25,000 local farmers in developing advantageous leading industries through unified procurement of agricultural products[100]. - The company conducted an average of 6,000 technical training sessions annually for local farmers, benefiting over 10,000 households[100]. - The company implemented measures to reduce pollution and improve resource utilization efficiency, promoting sustainable agricultural practices[98]. Financial Position and Assets - The total assets amounted to CNY 8,240,653,538.26, a decrease from CNY 8,338,953,979.77 in the previous year, reflecting a decline of approximately 1.18%[138]. - The company's total liabilities were CNY 4,181,578,265.65, down from CNY 4,324,255,678.38, a decrease of around 3.30%[139]. - Shareholders' equity increased to CNY 4,059,075,272.61 from CNY 4,014,698,301.39, reflecting a growth of about 1.11%[139]. - Cash and cash equivalents decreased to CNY 469,699,042.13 from CNY 656,955,781.93, a decline of approximately 28.54%[140]. Compliance and Internal Control - The company has implemented internal controls to maintain the integrity of financial reporting[135]. - The audit report indicates no significant misstatements in the financial statements for the year ended December 31, 2021[134]. - The company has not reported any overdue bonds during the reporting period[128]. - The company has not encountered any significant accounting errors that would require correction during the reporting period[107]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 136,628[116]. - The company has no significant changes in ownership structure or control during the reporting period[123]. - Gansu Agricultural Reclamation Group Co., Ltd. holds 303,121,313 shares, accounting for 15.57% of total shares[118].

Financial Performance - The company's operating revenue for Q3 2021 was ¥724,248,931.26, representing a year-on-year increase of 15.62%[2] - The net profit attributable to shareholders for Q3 2021 was ¥8,866,464.34, a significant increase of 4,677.69% compared to the same period last year[2] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥2,412,565.23, up by 32.97% year-on-year[6] - Total revenue for the first three quarters of 2021 reached ¥1,915,550,683.83, an increase of 8.1% compared to ¥1,771,847,157.51 in the same period of 2020[14] - Operating profit for the first three quarters of 2021 was ¥31,184,819.74, compared to ¥10,127,924.67 in the same period of 2020, reflecting a significant improvement[15] - Net profit for the first three quarters of 2021 was ¥48,424,893.91, up from ¥9,060,933.98 in the same period of 2020, indicating a strong growth trajectory[15] - The net profit attributable to the parent company shareholders for Q3 2021 was ¥49,238,337.84, compared to ¥13,261,458.06 in Q3 2020, representing a significant increase[16] - The total comprehensive income for Q3 2021 was ¥39,798,393.91, up from ¥11,297,433.98 in the same period last year[16] - Basic and diluted earnings per share for Q3 2021 were both ¥0.0253, compared to ¥0.0068 in Q3 2020, indicating improved profitability[17] Assets and Liabilities - The total assets at the end of Q3 2021 were ¥8,339,682,449.94, showing a slight increase of 0.01% from the end of the previous year[3] - The equity attributable to shareholders at the end of Q3 2021 was ¥4,046,856,359.56, reflecting a growth of 1.01% compared to the end of the previous year[3] - Total assets as of September 30, 2021, amounted to ¥8,339,682,449.94, slightly up from ¥8,338,953,979.77 at the end of 2020[12] - Current assets increased to ¥3,979,329,445.56 from ¥3,899,219,039.82 at the end of 2020, showing a growth of approximately 2.05%[11] - Total liabilities decreased to ¥4,285,227,218.00 from ¥4,324,255,678.38 at the end of 2020, reflecting a reduction of about 0.9%[13] Cash Flow - The net cash flow from operating activities for the year-to-date was negative at -¥136,639,746.67[2] - Cash inflow from operating activities for the first nine months of 2021 was ¥2,193,182,706.22, an increase from ¥1,823,871,421.78 in the same period of 2020[18] - The net cash flow from operating activities for the first nine months of 2021 was -¥136,639,746.67, compared to -¥112,629,036.06 in the previous year, reflecting ongoing challenges[18] - Cash inflow from financing activities in the first nine months of 2021 was ¥1,532,800,000.00, compared to ¥1,283,651,426.81 in the same period of 2020[19] - The net cash flow from financing activities for the first nine months of 2021 was -¥270,480,866.09, compared to -¥97,883,205.66 in the previous year, indicating increased financial strain[19] - The ending cash and cash equivalents balance as of September 30, 2021, was ¥568,877,751.03, down from ¥800,145,702.57 at the end of Q3 2020[19] Investments and Expenses - The company reported non-recurring gains of ¥6,453,899.11 for Q3 2021, with a total of ¥30,185,335.00 for the year-to-date[5] - Research and development expenses for the first three quarters of 2021 were ¥16,805,038.71, compared to ¥15,642,351.96 in the same period of 2020, indicating a focus on innovation[15] - The company reported a significant increase in investment income to ¥4,260,000.00 from ¥3,435,700.00 year-over-year, highlighting improved investment performance[15] - The total cash outflow from investing activities for the first nine months of 2021 was -¥95,392,753.27, compared to -¥65,042,779.64 in the same period of 2020, indicating increased investment expenditures[19] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 134,241[7] - Cash and cash equivalents decreased to ¥586,217,257.99 from ¥1,096,754,803.24, a decline of approximately 46.4%[11] - Inventory increased to ¥1,137,093,957.51 from ¥940,094,924.15, representing a growth of about 20.9%[11] - The company reported a decrease in other comprehensive income attributable to the parent company of -¥8,626,500.00 for Q3 2021, compared to an increase of ¥2,236,500.00 in Q3 2020[16]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 1,191,301,752.57, representing a 4.00% increase compared to CNY 1,145,457,432.10 in the same period last year[14]. - The net profit attributable to shareholders for the first half of 2021 was CNY 40,371,873.50, a significant increase of 208.75% from CNY 13,075,877.59 in the previous year[14]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 16,640,437.61, up 298.09% from CNY 4,180,074.54 year-on-year[14]. - The basic earnings per share for the first half of 2021 was CNY 0.0207, which is a 208.95% increase compared to CNY 0.0067 in the same period last year[15]. - The weighted average return on net assets increased to 1.00% from 0.26% year-on-year, reflecting improved profitability[15]. - The net cash flow from operating activities for the first half of 2021 was CNY 2,298,385.87, a recovery from a negative cash flow of CNY -60,403,094.29 in the previous year[14]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 8,183,326,133.16, a decrease of 1.87% from CNY 8,338,953,979.77 at the end of the previous year[14]. - The net assets attributable to shareholders at the end of the reporting period were CNY 4,030,328,358.58, showing a slight increase of 0.60% from CNY 4,006,285,985.08 at the end of the previous year[14]. - Total liabilities decreased to RMB 4,145,298,468.63 from RMB 4,324,255,678.38, a reduction of about 4.15%[72]. - The company's total assets as of June 30, 2021, were ¥7,536,577,487.96, slightly down from ¥7,554,555,226.92 at the end of 2020[76]. - The equity attributable to shareholders increased to ¥4,524,478,017.08 from ¥4,516,952,284.61, showing a growth of 0.2%[76]. Cash Flow and Financing - The company’s cash flow from operating activities improved significantly, with a net cash flow of CNY 2,298,385.87, compared to a negative cash flow of CNY -60,403,094.29 in the previous period[26]. - The company’s financial expenses increased by 9.67% to CNY 72,438,745.07 due to an increase in borrowings[26]. - The company reported a net cash flow from operating activities of ¥2,298,385.87, a significant improvement from a net outflow of ¥60,403,094.29 in the first half of 2020[85]. - Cash inflow from financing activities was ¥678,000,000.00, an increase from ¥358,461,573.40 in the same period last year[88]. - The company’s total liabilities increased, impacting the overall financial leverage and risk profile[191]. Strategic Initiatives - The company is focusing on key projects such as the potato seed breeding center and organic fertilizer production, aligning with national policies on carbon neutrality and rural revitalization[24]. - The company has established strategic partnerships with several research institutions to enhance its technological innovation capabilities[21]. - The company is actively expanding its resource base through land transfer and developing contract farming relationships with downstream enterprises[23]. Risk Management - The company faces risks from macroeconomic policies, management challenges, project execution, and market competition[35][36]. - The company emphasizes enhancing disaster response capabilities and improving agricultural infrastructure to mitigate natural disaster risks[37]. Shareholder Information - Total number of ordinary shareholders at the end of the reporting period was 145,526[59]. - The largest shareholder, Gansu Agricultural Reclamation Group Co., Ltd., held 303,121,313 shares, representing 15.57% of total shares[61]. Corporate Governance - The company approved the 2020 annual financial report and profit distribution plan during the shareholder meeting held on May 28, 2021[39]. - The company experienced changes in its board and supervisory committee members, with elections held on April 26 and approved on May 28, 2021[42]. Environmental and Social Responsibility - The company is actively engaged in environmental protection initiatives, including promoting sustainable agricultural practices and reducing carbon emissions[47]. - The company has implemented measures to support poverty alleviation and rural revitalization, including technical training and resource distribution to local farmers[48]. Accounting and Financial Reporting - The financial report was approved by the board on August 26, 2021[101]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations[104]. - The company has established accounting treatment methods for mergers and acquisitions, including both same-control and non-same-control scenarios[109]. Inventory and Receivables - The company’s inventory decreased slightly by 1.31% to CNY 927,810,769.97, maintaining a stable inventory level[28]. - The total accounts receivable at the end of the period amounted to ¥474,427,797.59, an increase from ¥403,920,409.25 at the beginning of the period, representing a growth of approximately 17.4%[186]. - The provision for inventory impairment at the end of the period was ¥69,572,836.91, reflecting an increase from ¥133,669,508.48 at the beginning of the period[200].

Financial Performance - Operating revenue for the first nine months reached CNY 1,714,971,984.20, an increase of 8.73% year-on-year[8] - Net profit attributable to shareholders decreased by 69.68% to CNY 15,901,945.95 compared to the same period last year[8] - The company's net profit for Q3 2020 was CNY 11,701,421.87, a decrease of 78.06% compared to CNY 53,344,827.84 in the same period last year[15] - Total revenue for Q3 2020 was CNY 14,370,109.94, down 75.08% from CNY 57,670,257.82 year-on-year[15] - Operating profit decreased by 77.61% to CNY 11,847,763.18 from CNY 52,920,449.60 in the previous year[15] - Q3 2020 net profit reached CNY 1.86 million, down 57.5% from CNY 4.37 million in Q3 2019[30] - Total profit for Q3 2020 was CNY 1.90 million, a decline of 58.6% compared to CNY 4.58 million in Q3 2019[30] - Cumulative net profit for the first three quarters of 2020 was CNY 11.70 million, a decrease of 78.1% from CNY 53.34 million in the same period of 2019[30] - The company reported a total profit of CNY 14.37 million for the first three quarters of 2020, down 75.1% from CNY 57.67 million in the same period of 2019[30] - Total comprehensive income for the first three quarters of 2020 was CNY 21,764,559.19, a decrease of 38.3% compared to the same period in 2019[33] Assets and Liabilities - Total assets increased by 0.69% to CNY 8,846,093,584.09 compared to the end of the previous year[8] - The total assets as of September 30, 2020, were CNY 8,846,093,584.09, slightly up from CNY 8,785,653,278.75 at the end of 2019[21] - Current liabilities increased to CNY 2,216,309,593.30 from CNY 1,938,307,854.22 year-on-year[21] - Total liabilities amounted to CNY 3,875,351,581.63, with current liabilities at CNY 1,938,307,854.22 and non-current liabilities at CNY 1,937,043,727.41[40] - The company has a total of CNY 1,434,639,436.39 in bonds payable, indicating a substantial debt obligation[40] - Long-term borrowings were reported at ¥1,414,511,263.50, a decrease from ¥1,434,639,436.39 in the previous year[24] Cash Flow - The company's cash flow from operating activities showed a net outflow of CNY 121,905,605.90 for the first nine months[8] - The company reported a net cash flow from financing activities of -CNY 77,425,194.55, a significant decrease compared to CNY 182,239,739.44 in the same period last year[15] - Cash inflow from operating activities for the first three quarters of 2020 was CNY 1,738,590,985.65, an increase of 13.8% from CNY 1,527,813,176.96 in 2019[34] - Net cash flow from operating activities was -CNY 121,905,605.90, slightly improved from -CNY 133,389,248.26 in the previous year[34] - Cash outflow from investing activities was CNY 108,779,863.41, up from CNY 102,349,450.12 in the same period of 2019[34] - Cash inflow from financing activities in the first three quarters of 2020 was CNY 1,283,651,426.81, compared to CNY 2,444,730,373.29 in 2019[35] Research and Development - Research and development expenses increased by 97.01% to CNY 12,274,224.54 compared to the previous year[14] - The company increased its R&D investment, which contributed to the overall cost increase during the period[15] - Research and development expenses for Q3 2020 were ¥4,622,032.53, compared to ¥3,997,319.10 in Q3 2019, marking a 15.6% increase[26] - R&D expenses in Q3 2020 amounted to CNY 1.99 million, an increase of 46.3% from CNY 1.37 million in Q3 2019[30] Shareholder Information - The number of shareholders reached 154,397 by the end of the reporting period[12] - The company has a total of 10 major shareholders, with the largest holding 15.57% of shares[12] Economic Impact - The company faced challenges due to the COVID-19 pandemic, leading to increased raw material prices and overall costs[15] - The company received government subsidies, which positively impacted its financial performance[15]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 1.09 billion, a decrease of 1.85% compared to the same period last year[16]. - The net profit attributable to shareholders for the first half of 2020 was CNY 11.16 million, down 76.74% year-on-year[16]. - The basic earnings per share decreased by 76.83% to CNY 0.0057 compared to CNY 0.0246 in the same period last year[16]. - The net cash flow from operating activities was negative at CNY -74.55 million, a significant decline from CNY -10.66 million in the previous year[16]. - The total assets as of the end of the reporting period were approximately CNY 8.57 billion, down 2.47% from the end of the previous year[16]. - The company's weighted average return on equity decreased to 0.23%, down 0.77 percentage points from the previous year[16]. - The net profit after deducting non-recurring gains and losses was CNY 4.18 million, a decrease of 90.36% year-on-year[16]. - The company attributed the decline in profits to the impact of the COVID-19 pandemic and rising raw material prices[16]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 4.85 billion, a slight decrease of 0.34% from the previous year[16]. - The company did not propose any profit distribution plan for the reporting period[6]. Research and Development - Research and development expenses increased by 5.42 million yuan, reflecting the company's increased investment in technology research[31]. - Research and development expenses increased by 242.69% to CNY 7,652,192.01 from CNY 2,232,964.44 in the previous year[33]. - The company is actively exploring new technologies to improve product quality and yield per unit area, including automatic irrigation and green pest control techniques[27]. - The company is focusing on developing modern agriculture and promoting water-saving irrigation technology to increase production scale[43]. - The company aims to improve agricultural production efficiency through high-standard farmland construction and modern agricultural equipment[43]. Investments and Capital Structure - The company plans to invest CNY 30 million in a joint venture with its controlling shareholder, holding a 30% stake[36]. - The company has increased its capital in its wholly-owned subsidiary by CNY 15 million, raising its registered capital from CNY 5 million to CNY 20 million[37]. - The company’s long-term investments increased to CNY 1,120,417,626.18 from CNY 1,045,417,626.18 in the previous year, reflecting a strategic focus on long-term growth[77]. - The total amount of guarantees provided by the company, including those to subsidiaries, is 136.2 million RMB, which accounts for 28.06% of the company's net assets[52]. - The company has a capital reserve of CNY 898,785,723.75, which reflects the financial health and investment capacity[102]. Risk Management - The company is actively preparing for potential risks from macroeconomic policy changes and project feasibility[42]. - The company faces risks from rising costs of agricultural inputs and labor, which may pressure profit growth[44]. - The company plans to enhance its internal control system to mitigate operational risks associated with rapid growth[43]. - The company is enhancing its ability to respond to extreme weather and natural disasters to minimize agricultural production losses[43]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 156,956[62]. - The top ten shareholders held a total of 15.57% and 9.01% of shares, with 甘肃省农垦集团有限责任公司 and 甘肃省农垦资产经营有限公司 being the largest shareholders[64]. - The company did not experience any changes in its total share capital or share structure during the reporting period[61]. - The company did not have any changes in the controlling shareholder or actual controller during the reporting period[66]. - The company reported a net profit distribution to shareholders of CNY -8,761,118.04 during the period, indicating a loss allocation[98]. Environmental and Social Responsibility - The company has not reported any environmental pollution incidents during the reporting period and has implemented measures for ecological restoration[58]. - The company emphasizes sustainable agricultural practices, including strict soil quality management and reduced pesticide usage[59]. - The company invested a total of 3 million RMB to establish Gansu Military-Civilian Integration Food Security Co., Ltd., holding a 30% stake[50]. - The company guided nearly 800 households in potato planting, supplying 240 tons of seed potatoes as part of its poverty alleviation initiatives[55]. - The company has invested 182,000 RMB in targeted poverty alleviation efforts, focusing on agricultural development and supporting local industries[56]. Accounting and Financial Reporting - The company appointed Da Xin Accounting Firm for the 2020 financial report audit and internal control audit, approved by the shareholders' meeting[49]. - The financial statements were prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations[109]. - The accounting policies and estimates comply with the requirements of the Accounting Standards for Business Enterprises[111]. - The company has adopted the new revenue recognition standard effective January 1, 2020, which does not significantly impact total assets, liabilities, or net profit[169]. - The company recognizes expected credit losses for accounts receivable and other receivables, applying specific accounting policies for measurement[129]. Asset and Liability Management - The total assets at the end of the reporting period were CNY 8,569,062,596.41, a decrease from CNY 8,785,653,278.75 at the end of 2019, representing a decline of approximately 2.45%[73]. - Total liabilities decreased to CNY 2,744,284,075.24 from CNY 2,784,361,852.71 in the previous year[78]. - The company's equity increased to CNY 4,707,473,891.69, compared to CNY 4,703,532,991.04 in the previous year[78]. - The company reported a significant increase in prepayments, rising to ¥537,229,935.14 from ¥421,746,691.39, an increase of about 27.4%[72]. - The company’s total liabilities decreased, with a notable reduction in debt repayment cash outflow from 1,489,640,000.00 RMB in 2019 to 400,500,000.00 RMB in 2020[92].