Financial Performance - Operating income for the first nine months was CNY 347,349,297.19, a decrease of 3.03% year-on-year [8]. - Net profit attributable to shareholders of the listed company decreased by 12.96% to CNY 103,399,015.99 compared to the same period last year [8]. - Basic earnings per share for the reporting period were CNY 0.25, down 19.35% from CNY 0.31 in the previous year [9]. - Operating profit for the first three quarters of 2020 was ¥148,230,590.77, down from ¥158,796,556.66 in the same period of 2019, indicating a decrease of about 6.5% [30]. - Net profit for Q3 2020 was ¥2,493,261.22, down from ¥3,960,590.40 in Q3 2019, indicating a decrease of about 37.0% [36]. - The company reported a total profit of ¥3,058,581.97 for Q3 2020, down from ¥5,447,572.94 in Q3 2019, a decrease of around 43.7% [36]. - The company’s net profit guidance for the upcoming period indicates potential losses or significant changes compared to the previous year, although specific figures are not disclosed [18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,894,210,960.95, a decrease of 0.53% compared to the end of the previous year [8]. - The total assets as of September 30, 2020, amount to ¥1,894,210,960.95, a slight decrease from ¥1,904,235,878.05 at the end of 2019 [22]. - The total liabilities decreased to ¥299,636,121.00 from ¥408,425,278.87, reflecting a reduction in both current and non-current liabilities [22]. - The total liabilities amounted to ¥150,205,926.35 in Q3 2020, slightly up from ¥149,279,112.22 in Q3 2019, indicating a marginal increase of about 0.6% [27]. - Total current assets increased to ¥273,726,887.07 in Q3 2020, up from ¥234,638,677.24 in Q3 2019, representing a growth of approximately 16.5% [26]. - Total current assets amounted to CNY 330,625,831.52 as of Q3 2020, with cash and cash equivalents at CNY 206,819,784.50 [45]. - Non-current assets totaled CNY 1,573,610,046.53, including long-term equity investments of CNY 82,257,826.90 and investment properties valued at CNY 423,526,709.57 [46]. Cash Flow - The net cash flow from operating activities for the first nine months increased by 61.31% to CNY 151,920,086.25 compared to the same period last year [8]. - The net cash flow from operating activities for the first three quarters of 2020 was CNY 151,920,086.25, up from CNY 94,176,588.77 in the previous year, indicating a year-over-year growth of approximately 61.3% [39]. - The net cash flow from investing activities for the first three quarters of 2020 was -CNY 55,826,976.06, an improvement from -CNY 446,433,323.33 in the previous year, showing a reduction in cash outflow [39]. - The net cash flow from financing activities for the first three quarters of 2020 was -CNY 117,254,562.05, compared to a positive cash flow of CNY 380,966,744.37 in the same period of 2019, indicating a shift in financing strategy [40]. - The company reported a cash and cash equivalents balance of CNY 185,658,332.64 at the end of the third quarter of 2020, down from CNY 241,560,240.27 at the end of the same period in 2019 [40]. Shareholder Information - Net assets attributable to shareholders of the listed company increased by 5.69% to CNY 1,539,342,423.29 compared to the end of the previous year [8]. - The total number of shareholders at the end of the reporting period was 29,266 [14]. - The largest shareholder, Zhejiang Dongfang Group, holds 49.29% of the shares [14]. - The company’s total equity increased to ¥1,594,574,839.95 from ¥1,495,810,599.18, indicating a growth in shareholder equity [23]. - The total equity attributable to shareholders was CNY 1,456,514,965.30, reflecting the company's strong capital base [46]. Expenses and Costs - The company reported a 47.56% increase in selling expenses, totaling ¥14,806,634.16 compared to ¥10,034,229.46 in the previous year, due to increased business activities of subsidiaries [16]. - Total operating costs for Q3 2020 were ¥86,919,090.92, up from ¥75,580,165.96 in Q3 2019, reflecting an increase of approximately 15% [29]. - The company incurred a tax expense of ¥565,320.75 in Q3 2020, down from ¥1,486,982.54 in Q3 2019, a decrease of approximately 62.0% [36]. - The company’s operating expenses, including management and sales expenses, totaled ¥5,330,408.70 and ¥185,832.68 respectively for Q3 2020, indicating a focus on cost management [35]. Investment and Growth - Long-term equity investments increased by 44.05% to ¥118,493,747.15 from ¥82,257,826.90 at the beginning of the year, due to increased external investments [22]. - The investment income for the current period is ¥38,102,086.98, a significant increase from a loss of ¥847,524.05 in the same period last year, primarily due to the sale of Wenzhou Dongri Real Estate equity [16]. - The company reported a decrease in investment income, with a loss of ¥2,050,023.30 from joint ventures in Q3 2020, compared to a loss of ¥487,017.83 in Q3 2019 [36]. - Research and development expenses for the first three quarters of 2020 were ¥2,189,218.36, compared to ¥0.00 in the same period of 2019, indicating a focus on innovation [30]. Compliance and Standards - The company adjusted its financial reporting to comply with the new revenue recognition standards effective January 1, 2020, impacting the classification of prepayments to contract liabilities [48]. - The company implemented new revenue recognition standards starting January 1, 2020, affecting the reporting of "prepayments" to "contract liabilities" [51].

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 207,628,354.66, a decrease of 8.72% compared to CNY 227,470,824.25 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2020 was CNY 64,956,405.84, down 15.91% from CNY 77,243,505.87 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 38,994,926.62, a significant decline of 39.88% compared to CNY 64,863,053.05 in the same period last year[18]. - Basic earnings per share for the first half of 2020 were CNY 0.16, a decrease of 23.81% from CNY 0.21 in the same period last year[19]. - The weighted average return on net assets was 4.36%, down 2.28 percentage points from 6.64% in the previous year[19]. - The company reported a significant decrease in inventory by 96.06% to ¥2,051,637.14, which is attributed to the sale of equity in Wenzhou Real Estate[45]. - The company reported a net loss of ¥90.95 million from its subsidiary Wenzhou Dongri Gas Co., Ltd., which had total assets of ¥867.82 million[53]. - The company reported a significant increase in the fair value of non-current assets held for sale, leading to a recovery of previously recognized impairment losses, which will be recognized in the current profit and loss[169]. Cash Flow and Assets - The net cash flow from operating activities increased by 8.96% to CNY 68,972,955.54, compared to CNY 63,301,934.20 in the previous year[18]. - The company's cash and cash equivalents increased by 34.29% to ¥277,736,321.50, representing 14.20% of total assets compared to 10.86% in the same period last year[45]. - Accounts receivable rose by 43.23% to ¥39,853,180.14, accounting for 2.04% of total assets, primarily due to increased receivables from delivery services[45]. - The company's long-term equity investments increased by 40.47% to ¥115,543,770.45, representing 5.91% of total assets, due to external equity investments[45]. - The company's total assets at the end of the reporting period were CNY 1,956,328,294.25, reflecting a 2.74% increase from CNY 1,904,235,878.05 at the end of the previous year[18]. - The total current liabilities were RMB 238,405,478.17, slightly up from RMB 233,097,344.49, showing a marginal increase of about 1.3%[92]. Market Operations and Strategy - The company operates primarily in the wholesale trading market for agricultural products and fresh food distribution, with significant revenue contributions from these sectors[23]. - The company’s market cluster in the Louqiao area accounts for over 90% of the total supply of vegetables and fruits in Wenzhou, enhancing its competitive pricing advantage[29]. - The company has completed the construction of an ERP system for its distribution business, optimizing workflows and enhancing operational efficiency[32]. - The company is developing an online APP platform for agricultural product wholesale markets to facilitate effective online and offline (O2O) business integration[32]. - The company has established a comprehensive management system for quality control and transaction oversight, ensuring the safety and quality of products traded[25]. - The company has outlined potential risks in its future development in the management discussion and analysis section of the report[6]. Corporate Governance and Compliance - The company did not propose any profit distribution or capital reserve transfer to increase share capital during the reporting period[6]. - The company has committed to avoiding conflicts of interest and ensuring fair pricing in related transactions with its subsidiaries[62]. - The company has pledged to maintain transparency and adhere to regulatory requirements in its future transactions[62]. - The company will not engage in any real estate development business after the completion of the asset swap, ensuring no competition with Zhejiang Dongri[64]. - The company guarantees that it will not invest in any business that competes with Zhejiang Dongri and its subsidiaries, including the modern cold chain logistics project[65]. - The company continues to appoint Tianjian Accounting Firm as the auditor for the 2020 financial report and internal control audit[68]. Accounting Policies and Standards - The company has implemented the new revenue recognition standards effective January 1, 2020, which aligns with the latest accounting regulations[79]. - The company recognizes revenue when the customer obtains control of the related goods or services, considering various indicators such as transfer of ownership and risk[192]. - The company assesses the recognition and measurement of major contract revenues under the new accounting standards, which does not have a significant impact on its financial position, operating results, or cash flows[200]. - The company applies expected credit loss model for impairment assessment of financial assets, considering the risk of default[158]. - The company recognizes impairment losses for financial instruments based on expected credit losses, which are the weighted average of credit losses adjusted for default risk[158]. - The company has established specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition tailored to its operational characteristics[144].

2020 年第一季度报告 1 / 20 2020 年第一季度报告 公司代码：600113 公司简称：浙江东日 浙江东日股份有限公司 2020 年第一季度报告 2 / 20 | 一、 | 重要提示 4 | | --- | --- | | 二、 | 公司基本情况 4 | | 三、 | 重要事项 7 | | 四、 | 附录 9 | 2020 年第一季度报告 一、 重要提示 二、 公司基本情况 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 | 1,914,431,933.27 | 1,904,235,878.05 | | 0.54 | | 归属于上市公司 | 1,472,722,435.04 | 1,456,514,965.30 | | 1.11 | | 股东的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的 | 21,431,320. ...

Financial Performance - In 2019, the company achieved a net profit of RMB 179,890,129.29, with a 10% statutory surplus reserve of RMB 17,989,012.93 deducted, resulting in a distributable profit of RMB 382,482,833.25 for shareholders[7]. - Revenue for 2019 reached ¥498,371,052.15, an increase of 19.25% compared to 2018[21]. - Net profit attributable to shareholders increased by 30% to ¥136,071,112.57, driven by over 20% growth in transaction fee income from vegetable wholesale markets[23]. - Total profit amounted to CNY 181.48 million, marking a 29.07% increase from the previous year[50]. - The company reported a net profit of 12,484.81 million CNY in 2019, with total assets amounting to 6,945.20 million CNY and net assets of 6,233.76 million CNY[71]. - The company achieved a net profit of 136,071,112.57 RMB for the year, contributing positively to the overall equity position[180]. - The total comprehensive income for 2019 was CNY 179,890,129.29, an increase from CNY 15,468,022.60 in the previous year[171]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.50 per 10 shares, amounting to a total of RMB 20,571,558.00 based on the total share capital of 411,431,160 shares as of December 31, 2019[7]. - In 2019, the company distributed a cash dividend of 0.50 RMB per 10 shares, with a payout ratio of 15.12% of net profit attributable to shareholders[84]. Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm, affirming the accuracy and completeness of the financial statements[6]. - The company’s financial report has been confirmed by its board of directors, ensuring accountability for the accuracy of the information presented[9]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties, ensuring financial integrity[8]. - The internal control audit report confirmed the effectiveness of financial reporting internal controls as of December 31, 2019, with a standard unqualified opinion issued[144]. Market Position and Strategy - The company plans to continue expanding its market presence and developing new products to sustain growth[23]. - Approximately 60%-70% of agricultural products in China are distributed through wholesale markets, highlighting the critical role of the company in the agricultural supply chain[32]. - The company is actively pursuing an external expansion and acquisition strategy, having successfully completed a share placement to finance market expansion projects[44]. - The company is exploring investments in agricultural wholesale markets in Wenzhou and surrounding areas to enhance its market presence[79]. Operational Efficiency - The company has implemented a refined management model to ensure clear responsibilities and effective management across its operations[43]. - The company’s logistics and distribution operations are supported by a comprehensive ERP system, optimizing workflows and enhancing service delivery[39]. - The company is enhancing its operational capabilities through the integration of modern technologies such as IoT and big data, aiming for improved efficiency in agricultural product circulation[39]. Risks and Challenges - The company has outlined potential risks in its future development, which are detailed in the management discussion and analysis section of the report[8]. - The company recognizes the risks posed by macroeconomic fluctuations and market competition, particularly from emerging e-commerce and direct sales models[78]. - The competitive landscape in the agricultural wholesale market is intensifying, necessitating strategies to maintain operational advantages[79]. - The company faces risks related to declining rental and service fees, which could adversely affect its revenue from market operations[80]. Shareholder Information - The total number of ordinary shareholders increased from 30,579 to 31,598 during the reporting period[110]. - Zhejiang Dongfang Group holds 49.29% of the shares, totaling 202,807,800 shares[112]. - The company has no identified relationships or concerted actions among the top ten shareholders[112]. Employee and Management Structure - The company employed a total of 796 staff, with 576 in production, 26 in sales, 43 in technical roles, 43 in finance, and 108 in administration[132]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period was 4.9339 million yuan[128]. - The company has established a governance structure that complies with the requirements of the Company Law and Securities Law[136]. Financial Position - Total assets increased significantly, with investments in real estate rising by 468.04% to 423.53 million yuan, primarily due to the purchase of agricultural market assets[63]. - The company’s total liabilities increased by 70.61% to 25.85 million yuan, primarily due to the increase in accounts payable related to the distribution business[63]. - The company’s total assets reached CNY 738,057,312.85, reflecting a solid asset base for future growth[188]. Future Outlook - The company aims to achieve an annual revenue of over 450 million CNY in 2020, despite potential profit declines due to the impact of the pandemic[77]. - Future guidance suggests continued revenue growth, with expectations of maintaining a double-digit growth rate in the upcoming fiscal year[167].

Financial Performance - Operating revenue for the first nine months reached CNY 358,184,643.85, a 19.37% increase from the same period last year[8] - Net profit attributable to shareholders increased by 39.58% to CNY 118,799,576.35 compared to the previous year[8] - Basic and diluted earnings per share increased by 14.81% to CNY 0.31[9] - Total revenue for Q3 2019 reached ¥130,713,819.60, an increase of 14.5% compared to ¥114,296,291.78 in Q3 2018[30] - Net profit for the first three quarters of 2019 was ¥358,184,643.85, compared to ¥300,061,825.19 in the same period of 2018, indicating a growth of 19.4%[30] - The net profit for Q3 2019 reached CNY 3,960,590.40, compared to CNY 849,032.30 in Q3 2018, indicating a significant increase of about 366.5%[36] - The total profit for the first three quarters of 2019 was CNY 189,849,747.16, a substantial rise from CNY 15,006,023.41 in the same period of 2018, reflecting an increase of approximately 1,193.3%[36] Assets and Liabilities - Total assets increased by 66.73% to CNY 1,767,126,333 compared to the end of the previous year[8] - Total assets as of September 30, 2019, amounted to ¥1,482,002,861.18, significantly higher than ¥762,410,086.59 at the end of 2018[28] - Current liabilities decreased to ¥140,852,059.37 from ¥205,694,108.34, reflecting a reduction in short-term obligations[23] - Total liabilities increased from ¥320,694,108.34 to ¥377,571,160.42, reflecting an increase of ¥56,877,052.08[48] - Non-current assets increased by ¥227,508,208.30, from ¥762,410,086.59 to ¥989,918,294.89[51] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 94,176,588.77, up 35.22% year-on-year[8] - The net cash flow from operating activities for Q3 2019 was ¥98,876,427.74, a significant increase from ¥7,927,870.71 in Q3 2018[44] - Cash inflows from financing activities amounted to ¥438,317,615.90 in the first three quarters of 2019, a substantial increase from ¥100,000.00 in the same period of 2018[41] - The net cash flow from financing activities was ¥380,966,744.37 in 2019, contrasting with a negative cash flow of -¥57,778,753.41 in 2018[41] Shareholder Information - The number of shareholders reached 33,364 at the end of the reporting period[12] - Zhejiang Oriental Group holds 49.29% of the shares, making it the largest shareholder[13] - Shareholders' equity totaled ¥1,346,093,889.15 as of September 30, 2019, compared to ¥570,760,518.83 at the end of 2018, representing an increase of 135.2%[28] Investments - Long-term equity investments rose by 179.73% to ¥54,645,731.18 due to increased external investments[16] - Investment properties surged by 473.74% to ¥427,776,547.51 as a result of purchasing modern agricultural market assets[16] - The company raised net funds of ¥438 million through a rights issue, with ¥368 million allocated for purchasing assets related to the modern agricultural market[19] Expenses - Financial expenses decreased by 83.97% to ¥929,740.94, due to reduced loan interest payments[17] - The company reported a tax expense of CNY 1,486,982.54 for Q3 2019, compared to CNY 280,696.48 in Q3 2018, which is an increase of approximately 429.5%[36] - The company reported a significant increase in employee compensation payments, totaling ¥13,547,292.67 in Q3 2019 compared to ¥10,631,453.26 in Q3 2018[44] Future Outlook - The company expects no significant changes in cumulative net profit compared to the previous year[20] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 227,470,824.25, representing a 22.45% increase compared to CNY 185,765,533.41 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2019 was CNY 77,243,505.87, a significant increase of 57.02% from CNY 49,192,180.16 in the previous year[20]. - The net cash flow from operating activities reached CNY 63,301,934.20, marking a 70.98% increase compared to CNY 37,023,885.23 in the same period last year[21]. - Basic earnings per share for the first half of 2019 were CNY 0.21, a 40.00% increase from CNY 0.15 in the same period last year[22]. - Net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 37.71%, primarily due to higher wholesale vegetable prices resulting from increased rainfall and snow[23]. - Total operating revenue for the first half of 2019 reached ¥227,470,824.25, an increase of 22.5% compared to ¥185,765,533.41 in the same period of 2018[110]. - The total profit for the first half of 2019 was CNY 102,556,883.02, compared to CNY 65,984,284.46 in the same period of 2018, representing an increase of approximately 55.4%[111]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 1,738,398,895.37, a 64.02% increase from CNY 1,059,857,607.20 at the end of the previous year[21]. - The net assets attributable to shareholders increased by 90.74% to CNY 1,407,792,344.44 from CNY 738,057,312.85 at the end of the previous year[21]. - Total assets grew by 64.02%, also influenced by the share placement plan and the reclassification of 78 million shares in Wenzhou Bank as financial assets measured at fair value[23]. - Total liabilities stood at ¥329,641,990.51, slightly up from ¥320,694,108.34, showing a marginal increase of 0.3%[104]. - Current liabilities decreased to ¥153,729,033.40 from ¥205,694,108.34, a reduction of approximately 25.3%[104]. Cash Flow - Cash inflow from financing activities was CNY 438,317,615.90, a notable increase from CNY 100,000.00 in the first half of 2018[119]. - Net cash flow from financing activities reached CNY 382,473,681.87, compared to -CNY 41,326,580.29 in the same period last year[119]. - The ending balance of cash and cash equivalents was CNY 220,662,950.62, up from CNY 164,144,107.47 at the end of the first half of 2018[119]. - Operating cash inflow for the first half of 2019 was CNY 247,561,491.27, an increase of 19.6% compared to CNY 207,034,839.84 in the first half of 2018[118]. Market Operations - The average daily trading volume at the Wenzhou Vegetable Basket wholesale market reached approximately 3,000 tons, with over 70 types of fruits listed[31]. - The Wenzhou Agricultural Products Wholesale Market accounts for over 90% of the total supply of vegetables and fruits in Wenzhou, establishing itself as a price formation center in the region[36]. - The company operates five professional wholesale markets, enhancing operational efficiency and service quality in agricultural product distribution[30]. - The company’s distribution business leverages its wholesale market scale to provide procurement and delivery services to various institutions and restaurants, primarily through a bidding process[29]. Investments and Acquisitions - The company raised a net amount of 438 million RMB through a rights issue, with 368 million RMB allocated for acquiring assets from the Vegetable Basket Group and the remainder for the expansion of the Wenzhou Agricultural Products Wholesale Market[34]. - Long-term equity investments increased by 152.66% to ¥49,357,749.01, attributed to additional investments in Fuding Hongzhu and Linfen Nongdu[53]. - The company has completed the acquisition and property transfer of the first phase of the Modern Agricultural City project, enhancing its market presence[43]. Risk Management - The company is facing potential risks as detailed in the management discussion and analysis section of the report[8]. - The company faces policy risks due to the incomplete regulatory framework in the modern agricultural product circulation industry, leading to low entry barriers and potential for vicious competition[61]. - Market risks are present as the agricultural product circulation system lacks a unified national and regional planning, which hinders the establishment of an efficient circulation system[62]. - The company is challenged by talent risks, as the demand for skilled professionals in modern agricultural circulation exceeds the current supply[62]. Corporate Governance - The company has committed to not using its controlling position to seek advantages for itself or its affiliates over independent third parties[68]. - The company will ensure fair pricing in unavoidable related transactions to protect the interests of minority shareholders[68]. - The company aims to reduce related transactions with its subsidiaries to safeguard the interests of minority shareholders[68]. - The company has committed to maintaining the integrity of its relationship with Zhejiang Dongri, adhering to the rights and obligations outlined in the company's articles of association[70]. Accounting Policies - The company has adopted new financial instrument standards effective January 1, 2019, impacting the classification and measurement of financial assets[87]. - The company’s financial reports comply with the requirements of enterprise accounting standards, reflecting its financial position, operating results, and cash flows accurately[143]. - The company has confirmed that there are no significant changes in accounting policies or estimates that would materially affect the financial statements[199].

Financial Performance - Operating revenue rose by 39.83% to CNY 103,678,583.85 year-on-year[8] - Net profit attributable to shareholders increased by 65.52% to CNY 27,478,950.25 compared to the same period last year[8] - Basic earnings per share improved by 80.00% to CNY 0.09[8] - The company reported non-recurring gains of CNY 85,590.27 during the period[11] - Operating profit for Q1 2019 was ¥36,659,628.25, up 56.2% from ¥23,481,600.73 in Q1 2018[28] - Net profit for Q1 2019 was ¥27,395,826.92, representing a 56.2% increase compared to ¥17,545,569.74 in Q1 2018[28] - The total profit for Q1 2019 was ¥36,668,496.83, a 56.2% increase from ¥23,491,364.08 in Q1 2018[28] Cash Flow - Cash flow from operating activities turned positive at CNY 45,358,713.01, compared to a loss of CNY 5,436,075.98 in the previous year[8] - Cash flow from operating activities in Q1 2019 was ¥108,326,643.91, an increase from ¥92,453,033.63 in Q1 2018[32] - The company reported a net cash flow from operating activities of CNY 45,358,713.01, a significant improvement from a negative cash flow of CNY -5,436,075.98 in Q1 2018[33] - Cash inflow from financing activities included CNY 438,317,615.90 from investment absorption, with no corresponding figure reported for Q1 2018[34] - The cash outflow for taxes paid decreased to CNY 9,933,241.44 from CNY 36,640,393.26 in the previous year, showing a reduction of 72.8%[33] Assets and Liabilities - Total assets increased by 63.79% to CNY 1,735,977,849.45 compared to the end of the previous year[8] - Total liabilities increased to ¥360,469,751.55, up from ¥320,694,108.34, reflecting a growth of about 12.3%[22] - Current liabilities decreased to ¥188,592,699.47 from ¥205,694,108.34, a reduction of approximately 8.5%[22] - Non-current assets totaled ¥1,367,598,405.00, compared to ¥768,594,520.32, indicating a rise of about 77.9%[21] - Current assets totaled CNY 291,263,086.88, with inventory accounting for CNY 41,207,826.64[39] Shareholder Information - The total number of shareholders reached 36,600 by the end of the reporting period[12] - Zhejiang Dongri Group Company holds 49.29% of the shares, making it the largest shareholder[12] - Shareholder equity attributable to the parent company increased by 86.24% to CNY 1,374,570,625.49[8] - Owner's equity rose significantly to ¥1,375,508,097.90 from ¥739,163,498.86, marking an increase of approximately 86.1%[22] Investment and Expenses - Financial expenses decreased by 60.20% to RMB 808,562.82, mainly due to the repayment of bank loan interest by a subsidiary[15] - The company recorded an investment income of ¥162,700,000.00 in Q1 2019, compared to ¥856,048.03 in Q1 2018[29] - The company reported a significant increase in retained earnings, rising to ¥610,834,223.59 from ¥412,638,526.85, an increase of about 48%[22] - The company reported a 55.95% increase in income tax expenses, amounting to RMB 9,272,669.91, due to profit growth[15] Other Financial Metrics - The weighted average return on equity rose by 0.42 percentage points to 2.99%[8] - The company has implemented new financial accounting standards effective January 1, 2019, impacting the classification of financial assets[41] - The company is focusing on expanding its non-current asset base, particularly in investment properties and intangible assets[21]

浙江东日股份有限公司 投资者接待日活动暨 2018 年度业绩说明会会议纪要 一、说明会基本情况： 会议时间：2019 年 3 月 19 日下午 15:30—17:00 会议形式：现场会议 会议地点：浙江省温州市矮凳桥 92 号东日大楼三楼会议室 参会人员：公司副董事长兼总经理杨澄宇先生、董事会秘书兼财 务总监谢小磊先生、证券事务代表戴儒哲先生及投资者参与本次会议 二、说明会主要内容纪要 （一）主持人宣布公司 2018 年度现场业绩说明会开始，并向投 资者介绍出席会议的公司人员。 （二）由公司总经理杨澄宇先生作公司基本情况介绍 首先简单介绍了 2018 年度公司主营业务及子公司的经营情况， 然后介绍公司 2019 年的经营计划及工作重点。 1.公司 2018 年度基本情况 2018 年是公司积极外拓、创新发展的一年，我们面对复杂而严 峻的外部环境和愈加激烈的市场竞争，紧紧依靠全体员工，坚持党建 引领，围绕公司"外拓、并购、人才"三大战略，贯彻落实"建标准、 搭平台，促改革、提经营，加快跨区域发展步伐"的年度工作任务， 积极行动，谨慎应对，进一步完善了公司管理机制，向外拓展了新的 市场和业态，出色地完成了各项经营 ...

股票代码： 600113 股票简称：浙江东日 公告编号：2019-026 浙江东日股份有限公司 投资者接待日活动暨 2018 年度业绩说明会召开情况 的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，对 公告的虚假记载、误导性陈述或者重大遗漏负连带责任。 一、业绩说明会召开情况 浙江东日股份有限公司投资者接待日活动暨 2018 年度业绩说明 会于 2019 年 3 月 19 日下午 15:30-17:00 在公司三楼会议室以现场方 式召开。公司副董事长兼总经理杨澄宇先生、董事会秘书兼财务总监 谢小磊先生；证券事务代表戴儒哲先生及部分投资者出席了会议。会 议由杨澄宇先生主持。 二、会议主题 出席的投资者就其关注的公司经营现状、未来的外延方向和战略 发展等问题与公司管理层进行了充分的沟通，具体内容详见上海证券 交易所网站（www.sse.com.cn）刊登的《浙江东日股份有限公司投资 者接待日活动暨 2018 年度业绩说明会会议纪要》 特此公告 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------------- ...

Financial Performance - In 2018, the company's operating revenue reached CNY 417,928,891.20, representing a year-on-year increase of 19.37% compared to CNY 350,102,846.60 in 2017[21]. - The net profit attributable to shareholders of the listed company for 2018 was CNY 104,667,738.65, an increase of 9.53% from CNY 95,561,032.86 in 2017[21]. - The net profit after deducting non-recurring gains and losses was CNY 98,436,629.82, up 7.32% from CNY 91,718,272.71 in the previous year[21]. - Basic earnings per share for 2018 increased by 10% to CNY 0.33 compared to CNY 0.30 in 2017[22]. - The total profit for the year reached CNY 140.61 million, which is an increase of 11.54% compared to the previous year[43]. - The company reported a total revenue of 375.05 million for the year 2018[128]. - The company reported a comprehensive income of ¥104,980,771.98 for the period, indicating strong financial performance despite challenges[185]. Cash Flow and Assets - The net cash flow from operating activities decreased by 23.02% to CNY 125,998,538.32 from CNY 163,674,999.14 in 2017[21]. - The company's cash and cash equivalents increased by 132.48% to 212,850,230.46, representing 20.08% of total assets, primarily due to the recovery of funds from government bond reverse repos and accumulated profits[61]. - The company reported cash and cash equivalents at the end of the year totaling CNY 212,850,230.46, compared to CNY 91,557,908.22 at the beginning of the year, marking an increase of approximately 132.5%[177]. - The company's current assets reached CNY 291,263,086.88, up from CNY 214,345,296.49, indicating a significant increase of about 36%[164]. - Total liabilities decreased to CNY 320,694,108.34 from CNY 335,532,323.77, representing a reduction of approximately 4.4%[165]. - The total liabilities to equity ratio improved to approximately 0.43 from 0.50, indicating a stronger equity position relative to liabilities[165][166]. Market Operations and Strategy - The company operates five major wholesale markets, including the Wenzhou Lighting Market and Wenzhou Agricultural Products Wholesale Market[29]. - The company is actively pursuing external expansion strategies, having signed framework agreements for agricultural wholesale projects in multiple cities[45]. - The company plans to enhance its market position through a public offering to acquire assets from the Cai Lan Zi Group, aimed at expanding its operational capacity[40]. - The company aims to establish a comprehensive agricultural market system by 2020, integrating online and offline sales channels to enhance efficiency and competitiveness[68]. - The company plans to increase its investment in the agricultural wholesale market, anticipating significant growth in agricultural product consumption driven by rising disposable income and urbanization trends[69]. Risk Management and Compliance - The company has outlined potential risks in its future development strategy, which are detailed in the management discussion and analysis section of the report[8]. - The company maintained a strong focus on risk management, implementing new procurement management methods and market fee management practices[48]. - The company is subject to risks from potential changes in tax policies that could affect its operations, particularly regarding VAT exemptions on agricultural products[84]. - The company is also exposed to industry policy risks, as significant unfavorable changes in government policies could negatively impact its operations[86]. - The company has committed to following fair pricing principles in unavoidable related transactions to protect the interests of minority shareholders[92]. Shareholder and Governance - The proposed cash dividend is CNY 0.4 per 10 shares, totaling CNY 16,457,246.40, based on a total share capital of 411,431,160 shares[7]. - The company has established a profit distribution policy in accordance with relevant regulations, ensuring clarity and completeness in decision-making processes[89]. - The company has a history of maintaining a consistent dividend payout, reflecting its commitment to returning value to shareholders[90]. - The company has committed to not seek advantages for its controlling group in transactions with its subsidiaries, ensuring fair treatment for minority shareholders[92]. - The company has independent directors and supervisors, with remuneration ranging from 50,000 to 54,610 yuan[126]. Operational Efficiency and Development - The company has completed the implementation of an ERP system in its distribution business, optimizing workflows and enhancing operational efficiency[39]. - The company has established a modern agricultural product circulation information platform to integrate transaction and market data, enhancing operational transparency[39]. - The company is focusing on professionalization and standardization of its operations to strengthen its market leadership in the region[35]. - The management team includes experienced professionals with backgrounds in various sectors, enhancing operational efficiency[130]. - The company has implemented a training plan for employees, including onboarding and management training[138]. Employee and Management Structure - The number of employees in the parent company is 74, while the total number of employees in the parent and major subsidiaries is 815[136]. - The total remuneration for all directors, supervisors, and senior management amounted to 3.7505 million yuan[133]. - The company has established a performance evaluation and incentive mechanism for directors, supervisors, and senior management, ensuring transparency and fairness[142]. - The company has maintained a stable management structure with minimal turnover among key personnel[132]. - The board of directors held 14 meetings during the reporting period, ensuring compliance with relevant laws and regulations[141].