Financial Performance - The company achieved a net profit attributable to shareholders of RMB 105,290,472.76 for the year 2021[8]. - The parent company reported a net profit of RMB 38,454,401.29 for 2021, with a cumulative distributable profit of negative RMB 1,801,199,729.03[8]. - The net profit attributable to shareholders of the listed company was CNY 105,290,472.76, an increase of 26.94% compared to the previous year[21]. - The company achieved operating revenue of CNY 1,470,952,179.44, representing a year-on-year growth of 7.21%[21]. - The basic earnings per share for 2021 was CNY 0.15, up 25.00% from CNY 0.12 in 2020[24]. - The weighted average return on equity increased to 6.84%, up by 1.10 percentage points from 5.74% in 2020[24]. - The total assets at the end of 2021 were CNY 5,050,595,734.03, a 4.23% increase from the previous year[21]. - The company's net assets attributable to shareholders reached CNY 1,592,668,813.86, marking a 7.08% increase year-on-year[21]. - The company achieved operating revenue of 1,470.95 million RMB, an increase of 98.94 million RMB year-on-year[61]. - The net profit attributable to the parent company was 105.29 million RMB, an increase of 22.35 million RMB year-on-year[61]. Profit Distribution - The board of directors approved a profit distribution plan for 2021, stating that no profit distribution or capital reserve increase will occur[8]. - As of December 31, 2021, the cumulative distributable profit was negative RMB 1,084,684,256.05[8]. - The company decided not to distribute profits for the fiscal year 2021, nor to increase capital reserves through stock conversion[159]. Operational Strategy - The company is focusing on high-quality development and strategic project implementation to navigate external challenges[33]. - The company maintained a strategic focus on the natural mineral water industry, emphasizing product quality and steady channel development, while also upgrading its wooden door and home furnishing segments towards smart home solutions[35]. - The company adopted a dual market development strategy for its natural mineral water segment, focusing on both systematic maintenance of existing markets and strategic partnerships in less established markets[40]. - The company aims to achieve a revenue target of 1,485 million yuan and a cost of 927 million yuan for 2022[106]. - The company plans to maintain a dual focus on its main business of natural mineral water while upgrading its garden and wooden door home business models[105]. Market Presence and Development - The company expanded its market presence in Guangdong while solidifying its foothold in Suzhou, Yunnan, Xi'an, Henan, and Shandong, enhancing brand recognition in economically developed areas[38]. - The company established over 10,000 standard stores and more than 10,000 terminal model stores to support its "thousand towns, ten thousand stores" initiative[40]. - The company’s "泉阳泉" mineral water brand has been recognized as a "Chinese famous brand" and a "national geographical indication protected product"[59]. Risk Management - The company faced various risks as detailed in the management discussion and analysis section of the report[9]. - The company recognizes the ongoing risks posed by the COVID-19 pandemic, which may affect logistics and project execution[107]. - The company acknowledges the impact of macroeconomic changes on its business segments, particularly in relation to consumer spending and infrastructure investment[107]. Governance and Compliance - The company held three annual general meetings and twenty-two board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[114]. - The company maintained a high standard of information disclosure, ensuring all shareholders had equal access to company information through various communication platforms[116]. - There were no significant differences between the company's governance practices and the relevant laws and regulations[117]. - The company did not experience any major insider trading incidents during the reporting period, ensuring the protection of shareholder interests[117]. - The company is committed to enhancing its governance structure and internal controls to ensure sustainable development and protect shareholder rights[113]. Employee Management and Development - The company employed a total of 2,108 staff members, with 452 in the parent company and 1,656 in major subsidiaries[151]. - The company has established a performance evaluation system for senior management, linking compensation to performance metrics[163]. - The company emphasizes talent development, fostering a professional management team to drive long-term growth[60]. - The company emphasizes the importance of youth training and talent development as part of its strategic initiatives[156]. Environmental and Social Responsibility - The company emphasizes ecological priority and green development, actively promoting the protection of water sources in the Changbai Mountain area[167]. - The company actively supports social responsibility initiatives, including disaster relief efforts in Zhengzhou and providing resources during the COVID-19 pandemic[175]. - The company is committed to sustainable development, integrating social value into its business practices and actively engaging with stakeholders[172]. Audit and Financial Oversight - The audit report issued by Da Hua Certified Public Accountants was a standard unqualified opinion[7]. - The internal control system was independently audited, receiving a standard unqualified opinion from the auditing firm[165]. - The audit committee confirmed that the internal control evaluation report accurately reflects the company's internal control effectiveness[145]. Related Party Transactions - The company engaged in related transactions amounting to RMB 89.66 million for purchasing materials, accounting for 44.83% of the expected total related transactions for daily operations[199]. - The company accepted labor services worth RMB 2.17 million, representing 10.84% of the expected total related transactions for daily operations[199]. - The rental income from the leasing agreement with Hongshi Forestry Bureau for forest management was RMB 36 million per year, effective until December 31, 2023[199].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 418,962,095.64, representing a year-on-year increase of 2.11%[6] - The net profit attributable to shareholders for the same period was CNY 23,287,436.81, an increase of 7.70% compared to the previous year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 20,302,995.84, showing a significant increase of 340.13%[6] - Total operating revenue for the first three quarters of 2021 reached ¥1,165,774,661.42, a significant increase from ¥852,213,135.64 in the same period of 2020, representing a growth of approximately 37%[30] - Net profit for the third quarter of 2021 was ¥102,484,253.35, compared to ¥90,881,723.79 in the previous year, reflecting a growth of approximately 12%[32] - The total comprehensive income attributable to the parent company was CNY 86,111,704.60, an increase from CNY 76,419,215.59 in the same period last year, representing a growth of approximately 9.0%[36] Assets and Liabilities - The total assets at the end of the reporting period reached CNY 5,155,089,099.07, up 6.38% from the end of the previous year[6] - The company's total liabilities increased to ¥3,435,263,868.00 from ¥3,221,991,904.02, marking an increase of about 6.6%[30] - The company's total liabilities decreased to RMB 2,054,264,236.03 from RMB 2,137,759,966.61, reflecting a decrease of approximately 3.9%[21] - The company's total equity rose to ¥1,719,825,231.07 from ¥1,623,725,077.72, reflecting an increase of about 5.9%[30] - The company's long-term equity investments rose to RMB 404,447,720.05, up from RMB 397,284,793.70, showing a slight increase of about 1.3%[21] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 117,733,479.22, reflecting a decrease of 55.34% compared to the previous year[6] - The net cash flow from operating activities was CNY 117,733,479.22, a decrease of 55.3% compared to CNY 263,632,498.09 in the previous year[38] - Cash inflow from operating activities totaled CNY 1,250,641,028.41, slightly down from CNY 1,263,989,763.91 year-over-year[38] - The cash outflow from operating activities was CNY 1,132,907,549.19, compared to CNY 1,000,357,265.82 in the previous year, indicating an increase of 13.2%[38] - The net cash flow from investing activities was CNY 22,445,089.46, a significant improvement from a negative CNY 94,994,356.67 in the same period last year[38] - Cash outflow from financing activities was CNY 463,439,296.09, a decrease from CNY 1,459,683,989.02 in the previous year[41] - The net cash flow from financing activities was negative CNY 106,369,126.09, compared to negative CNY 639,507,269.02 in the same period last year, showing an improvement[41] - The ending cash and cash equivalents balance was CNY 474,162,288.96, up from CNY 372,749,300.65 year-over-year[41] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 57,120[14] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., held 30.24% of the shares, with 140,113,053 shares frozen[14] Inventory and Receivables - The company's inventory increased to RMB 180,248,358.47 from RMB 160,678,743.94, reflecting a growth of approximately 12.4%[21] - The company’s accounts receivable decreased to RMB 326,374,930.17 from RMB 368,828,701.37, indicating a decline of about 11.5%[21] - The company's contract assets increased significantly to RMB 1,478,908,970.45 from RMB 1,160,732,180.43, representing a growth of about 27.4%[21] Research and Development - Research and development expenses for the first three quarters were ¥10,621,794.91, compared to ¥9,101,440.41 in the previous year, showing an increase of approximately 16.7%[30] Financial Expenses - The company reported a financial expense of ¥67,662,246.84, which included interest expenses of ¥63,393,837.78, compared to a financial income of -¥30,049,139.89 in the previous year[30]

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 746,812,565.78, representing a 68.99% increase compared to CNY 441,926,411.78 in the same period last year [22]. - The net profit attributable to shareholders for the first half of 2021 was CNY 62,824,267.79, which is a 14.65% increase from CNY 54,797,455.24 in the previous year [22]. - Basic earnings per share for the first half of 2021 were CNY 0.09, a 12.50% increase from CNY 0.08 in the same period last year [22]. - Operating profit reached 99.24 million yuan, up by 37.89 million yuan, reflecting a growth of 61.76% year-on-year [34]. - The company reported a net profit contribution of CNY -1.73 million from its subsidiary Lushuihe Tianxiang Specialty Products Co., Ltd., which has total assets of CNY 30.72 million and a net loss of CNY 3.39 million for the first half of 2021 [45]. - The company reported a comprehensive income of ¥62,824,267.79 for the first half of 2021, compared to a loss in the previous period [149]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 16.62% to CNY 125,373,098.67 from CNY 150,366,888.85 in the same period last year [22]. - The company’s cash and cash equivalents at the end of the period were ¥336,263,143.00, down 28.34% from ¥469,221,578.13 at the end of the previous year [39]. - Cash flow from operating activities for the first half of 2021 was CNY 125,373,098.67, down from CNY 150,366,888.85 in the same period of 2020, a decrease of approximately 16.6% [139]. - The ending balance of cash and cash equivalents decreased to ¥217,997,185.26 from ¥308,690,701.24, a decline of 29.3% [145]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,082,077,449.58, an increase of 4.88% compared to CNY 4,845,716,981.74 at the end of the previous year [22]. - The company’s total liabilities decreased to CNY 3,000,384,132.28 from CNY 3,200,000,000.00, indicating a reduction of approximately 6.3% [119]. - The company’s short-term borrowings were CNY 768,379,270.00, down from CNY 857,341,860.66, reflecting a decrease of about 10.4% [119]. - Total liabilities increased to ¥3,385,004,090.42 from ¥3,221,991,904.02, which is an increase of about 5% [121]. Research and Development - The company reported a 19.74% decrease in R&D expenses, totaling ¥6,182,316.86 compared to ¥7,703,241.21 in the previous year [36]. - Research and development expenses were ¥6,182,316.86, a decrease of 19.7% from ¥7,703,241.21 in the first half of 2020 [131]. Shareholder Information - The total number of shares after the recent changes is 715,197,812, with 688,282,134 shares classified as tradable [94]. - The company issued 62,100,000 shares to specific investors as part of a private placement [104]. - The largest shareholder, Sen Gong Group, had 46,720,254 restricted shares released on May 16, 2021 [99]. - The company has a total of 51,193,531 shares held by Changzhou Puxin Tongyuan Investment Partnership, accounting for 7.16% of the total [110]. Risk Factors - The company faces risks related to macroeconomic cycles, which could impact its mineral water and landscaping businesses if consumer demand declines [50]. - The ongoing COVID-19 pandemic poses risks to the company's mineral water sales and project execution in landscaping [50]. - The company emphasizes the importance of recognizing stock market risks due to various factors including international and macroeconomic changes [50]. Corporate Governance and Compliance - The company did not distribute profits or increase capital reserves during the reporting period [6]. - There were no significant risk events reported during the period [8]. - The company confirmed that there were no non-operating fund occupations by controlling shareholders or related parties [8]. - The company has not received any penalties or corrective actions related to legal violations during the reporting period [78]. Environmental and Social Responsibility - The company actively fulfilled its social responsibility by providing aid to Zhengzhou after the disaster, delivering the first batch of supplies on July 25 [35]. - The company is involved in environmental protection through its subsidiary, Jilin Forest Industry Environmental Technology Co., Ltd., focusing on carbon asset management and energy management [61]. - The company has established a partnership for carbon reduction projects, enhancing its environmental responsibility [61]. Accounting and Financial Reporting - The financial statements are prepared based on the assumption of going concern, with no significant issues affecting the company's ability to continue operations for at least 12 months from the reporting date [168]. - The company adheres to the accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, changes in equity, and cash flows [169]. - The company has not reported any significant changes in its accounting policies or estimates that would impact the financial statements [168].

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 82,943,910.22 in 2020, recovering from a significant loss in 2019[9]. - As of December 31, 2020, the cumulative distributable profit was -RMB 1,189,974,728.81, indicating ongoing financial challenges[9]. - The company will not distribute profits or increase capital reserves for the year 2020, as approved in the board meeting[9]. - The company's operating revenue for 2020 was CNY 1,372,012,333.25, a decrease of 14.35% compared to 2019[23]. - The net profit attributable to shareholders for 2020 was CNY 82,943,910.22, a significant recovery from a loss of CNY 1,484,737,184.46 in 2019[23]. - The net cash flow from operating activities increased by 159.13% to CNY 196,589,292.78 in 2020[23]. - The basic earnings per share for 2020 was CNY 0.12, compared to a loss of CNY 2.07 per share in 2019[24]. - The total assets as of the end of 2020 were CNY 4,845,716,981.74, a decrease of 6.04% from 2019[23]. - The weighted average return on equity for 2020 was 5.74%, recovering from -68.77% in 2019[27]. - The company reported a net profit of CNY 6,524,694.63 in Q4 2020, following a profit of CNY 21,621,760.35 in Q3 2020[28]. Business Strategy and Development - The chairman emphasized the importance of innovation and strategic reform in 2021, which is seen as a critical year for the company's development[5]. - The company plans to focus on its core business and enhance its competitive edge through product structure adjustments and innovation[5]. - The company aims to create more value for shareholders and society while navigating a complex external environment in 2021[5]. - The company has committed to maintaining a green and healthy product image, aligning with its operational philosophy[5]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[23]. - The company aims to integrate resources around its main business and enhance its image as a leader in green products and environments[36]. - The company aims to develop a dual industry structure focusing on natural mineral water and landscaping engineering, leveraging existing resources and brand advantages[98]. - The company plans to actively develop the landscaping industry, utilizing the favorable market outlook to drive business transformation and enhance profitability[98]. Market and Industry Insights - The mineral water industry is expected to have a broad market outlook, aligning with the trend of natural, nutritious, and green consumption[43]. - The retail sales scale of China's packaged drinking water exceeded 217 billion yuan in 2019, with purified water accounting for 121.9 billion yuan, representing 60.44% of the total[89]. - The average compound annual growth rates from 2014 to 2019 for natural water and natural mineral water were 24.8% and 18.4%, respectively, while purified water and other drinking water experienced growth rates of 13.2% and -4.9%[89]. - The growth of natural mineral water continues, although it has not yet achieved a dominant position compared to other categories, indicating ongoing consumer demand for health-oriented products[90]. - The market size of China's landscaping industry increased from CNY 594.7 billion in 2014 to CNY 855.8 billion in 2019, with a compound annual growth rate (CAGR) of 7.6%[91]. Risk Management - The company has outlined various risks and countermeasures in its report, urging investors to be cautious[11]. - The company faces risks related to macroeconomic changes, which could impact its mineral water and landscaping businesses[100]. - The ongoing COVID-19 pandemic poses a risk to sales and project execution, with potential disruptions if new outbreaks occur[100]. Corporate Governance and Compliance - The company has committed to various promises related to shareholding and competition resolution, ensuring compliance with regulations[110]. - The company has committed to not engaging in any business that competes with Jilin Forest Industry Group and its subsidiaries[120]. - The company has ensured compliance with information disclosure obligations and internal decision-making procedures regarding related party transactions[120]. Social Responsibility and Environmental Commitment - The company actively participated in pandemic prevention efforts, ensuring employee safety and maintaining supply chains without price hikes during the COVID-19 outbreak[172]. - The company emphasized environmental protection and resource conservation, promoting energy efficiency and reducing emissions through technological innovation[174]. - The company has established a dedicated organization to manage poverty alleviation funds, ensuring maximum social impact[170]. - The company has implemented poverty alleviation projects in multiple locations, including Jilin Province and Hebei Province, focusing on infrastructure and educational support[169]. Share Capital and Ownership Structure - The total number of shares held by Sen Gong Group and its concerted parties is 221,173,138 shares, accounting for 30.85% of the total share capital[198]. - The controlling shareholder's ownership percentage decreased from 33.52% to 30.93%, indicating a significant change in shareholder structure[193]. - The company reported cash dividends of ¥25,746.26 related to the repurchased shares[193]. - The company has been actively managing its share capital structure through repurchase and cancellation of shares[198].

2021 年第一季度报告 证券代码：600189 公司简称：泉阳泉 | --- | --- | |------------------------|-------| | | | | | | | | | | | | | | | | | | | 吉林泉阳泉股份有限公司 | | | | | 2021 年第一季度报告 重要提示 . í 二、 公司基本情况 . 三、 重要事项 . 四、 附录 . 2 / 16 2021 年第一季度报告 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 公司负责人姜长龙、主管会计工作负责人王尽晖 及会计机构负责人（会计主管人员）白 刚保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|---- ...

Financial Performance - Operating revenue for the first nine months decreased by 25.59% to CNY 852,213,135.64 compared to the same period last year[13]. - Net profit attributable to shareholders increased by 2.08% to CNY 76,419,215.59 compared to the same period last year[13]. - Net cash flow from operating activities increased by 123.69% to CNY 263,632,498.09 compared to the same period last year[13]. - Basic earnings per share increased by 10% to CNY 0.11 compared to the same period last year[13]. - Total operating revenue decreased by 25.59% to CNY 852,213,135.64 compared to CNY 1,145,294,617.81 in the same period last year due to delays in resuming operations caused by the COVID-19 pandemic[26]. - R&D expenses decreased by 45.07% to CNY 9,101,440.41 from CNY 16,568,704.27, primarily due to reduced investment in R&D[26]. - Net profit for the first three quarters of 2020 was CNY 108,054,662.45, compared to CNY 142,136,117.17 in the same period of 2019, representing a decline of 23.96%[54]. - The company reported a gross profit margin of approximately 10.23% for Q3 2020, compared to 10.09% in Q3 2019[54]. - The company’s financial performance indicates a recovery trend, with a notable improvement in net profit and comprehensive income despite a decline in operating revenue[60]. Assets and Liabilities - Total assets decreased by 10.29% to CNY 4,614,834,192.16 compared to the end of the previous year[13]. - The company reported a significant decrease in cash and cash equivalents, down 59.06% from CNY 914,550,567.13 to CNY 374,447,957.23, primarily due to loan repayments[24]. - The company's inventory decreased by 47.42%, from CNY 1,196,571,985.34 to CNY 629,146,968.47, attributed to the reclassification of inventory under the new revenue standards[24]. - The company’s receivables decreased by 71.56%, from CNY 17,125,496.42 to CNY 4,870,572.91, mainly due to the maturity of notes[24]. - Total liabilities decreased from $3,615,200,461.62 to $2,995,415,825.76, a reduction of approximately 17.2%[43]. - Current liabilities decreased from $2,835,991,132.84 to $2,447,786,014.94, a reduction of about 13.7%[42]. - Non-current liabilities decreased from $779,209,328.78 to $547,629,810.82, a decrease of approximately 29.6%[43]. - The company’s long-term equity investments were valued at RMB 402,659,936.26, slightly up from RMB 398,237,769.02 in the previous year[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,281[15]. - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 30.17% of the shares[15]. - The company’s major shareholder, Sen Gong Group, holds 30.17% of the total shares, with an additional 21.43% of shares frozen due to legal issues[22]. - The total number of shares repurchased and canceled was 1,677,065, reducing the total share count from 716,874,877 to 715,197,812[23]. - The registered capital will change from CNY 716,874,877 to CNY 715,197,812 following the share repurchase[29]. Cash Flow - Investment cash flow net amount decreased by 196.25% to CNY -94,994,356.67 from CNY 98,691,298.83, primarily due to the purchase of structured deposits[26]. - Financing cash flow net amount decreased by 295.31% to CNY -639,507,269.02 from CNY -161,773,904.48, mainly due to a reduction in bank loans compared to the previous year[26]. - Cash inflow from investment activities totaled ¥387.71 million, up from ¥309.23 million in the same period last year, marking a 25.4% increase[66]. - Net cash flow from financing activities was negative at ¥639.51 million, compared to a smaller negative cash flow of ¥161.77 million in the previous year[67]. - Total cash inflow from operating activities in Q3 2020 was ¥266.29 million, an increase of 20.9% from ¥220.10 million in Q3 2019[69]. Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 21,310,914.93[13]. - Non-operating income and expenses totaled CNY 17,008,855.15 for the current period[15]. - The company recovered idle raised funds amounting to RMB 130 million, generating a corresponding income of RMB 4,041,397.26[32]. - The company has engaged in cash management using idle raised funds, with a maximum total amount of RMB 130 million for various financial products[32]. - The company reported a total of approximately $293.77 million in fixed assets, which are crucial for its operational capabilities[86].

Financial Performance - The company's operating revenue for the first half of 2020 was RMB 441.93 million, a decrease of 39.51% compared to RMB 730.54 million in the same period last year[18]. - The net profit attributable to shareholders of the listed company was RMB 54.80 million, down 9.93% from RMB 60.84 million in the previous year[18]. - The net cash flow from operating activities was RMB 150.37 million, a significant improvement from a negative cash flow of RMB 90.89 million in the same period last year[18]. - The total assets at the end of the reporting period were RMB 4.59 billion, a decrease of 10.81% from RMB 5.14 billion at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company increased by 3.91% to RMB 1.46 billion from RMB 1.40 billion at the end of the previous year[18]. - The basic earnings per share remained stable at RMB 0.08, unchanged from the same period last year[18]. - The weighted average return on net assets increased by 1.79 percentage points to 3.83% compared to 2.04% in the previous year[18]. - The company achieved operating revenue of ¥441,926,411.78, a decrease of 39.51% compared to the same period last year[38]. - Net profit attributable to shareholders was ¥54,797,455.24, down 9.93% year-on-year[38]. - Operating costs decreased by 45.84% to ¥245,159,873.66, primarily due to the decline in operating revenue[44]. - The company reported a net cash flow from operating activities of ¥150,366,888.85, a significant improvement from a loss of ¥90,891,761.61 in the previous year[44]. Business Operations - The core business focuses on the production and sales of natural mineral water from Changbai Mountain and landscaping services, with no significant changes in business direction during the reporting period[25]. - The mineral water business operates under a "production + R&D + marketing + strategic cooperation" model, enhancing market share and brand recognition[26]. - The company’s mineral water brand "Quanyuanquan" meets EU and German standards, with a consistent spring water yield and a unique taste profile[32]. - The landscaping business has expanded into various sectors, including urban ecological wetland projects and rural complex developments, indicating a growing market demand[28]. - The company has maintained strong competitive advantages in product quality, brand reputation, and a diversified business structure, enhancing its resilience against market fluctuations[34]. - The mineral water industry in China is expected to grow significantly, with increasing consumer demand and a shift towards natural mineral water as the leading drinking water type[27]. - The company’s landscaping services have established a comprehensive service model, covering all aspects of the landscaping industry chain, which enhances its market position[33]. - The company has a strong market presence in Northeast China, with its mineral water brand holding a leading market share in Jilin Province[27]. Financial Position and Assets - The total assets of the subsidiary Jilin Sen Gong Group Quan Yang Quan Beverage Co., Ltd. reached CNY 1,092.93 million, with a net profit contribution of CNY 24.55 million for the first half of 2020[51]. - The total assets of the wholly-owned subsidiary Suzhou Industrial Park Landscape Engineering Co., Ltd. were CNY 1,492.57 million, reporting a net loss of CNY 19.47 million for the first half of 2020[51]. - The total assets of the wholly-owned subsidiary Beijing Holz Door Industry Co., Ltd. amounted to CNY 236.08 million, contributing CNY 6.25 million to the company's net profit for the first half of 2020[51]. - The total assets of the subsidiary Jilin Longquan Industrial Co., Ltd. were CNY 1 million, focusing on real estate sales and management services[51]. - The total assets of the joint venture Jilin Forest Industry Group Financial Co., Ltd. reached CNY 3,431.53 million, with a net profit of CNY 15.00 million for the first half of 2020[52]. - The total assets of the joint venture Jilin Jiren Equity Investment Fund Management Co., Ltd. were CNY 17.89 million, contributing CNY 0.94 million to the company's net profit[52]. Risks and Challenges - The company faces risks related to macroeconomic cycles, which could impact its performance in the landscaping and mineral water businesses[56]. - The company is exposed to risks from rising raw material prices, which could affect its profit margins in mineral water products[56]. - The company’s landscaping business is vulnerable to adverse natural conditions and climate, potentially delaying project timelines and increasing costs[56]. - The company warns of stock price volatility risks due to various unpredictable factors affecting market conditions[56]. Shareholder and Governance - The company held two shareholder meetings during the reporting period, with all resolutions passed in compliance with relevant regulations[60]. - The company has made various commitments related to asset restructuring and competition resolution, ensuring adherence to regulatory requirements[62]. - The company’s financial commitments and performance expectations are closely monitored, with specific accountability measures in place for underperformance[67]. - The company has a lock-up period of 12 months for 132,175,341 shares held by the controlling shareholder, with an additional 24-month lock-up for 12,000,000 shares after the initial period[68]. - The company’s controlling shareholder, Sen Gong Group, holds 24,700,000 unrestricted shares, accounting for 3.45% of the total share capital, and has committed to no further share transactions within 12 months following a debt settlement[65]. - The company’s controlling shareholder also holds 20,800,000 restricted shares, representing 2.90% of the total share capital, with a similar commitment to no share transactions for 12 months post a debt settlement[66]. - The company’s shareholder meetings were conducted with both on-site and online voting methods, ensuring transparency and compliance[60]. Accounting and Financial Reporting - The company announced a change in accounting policy effective from January 1, 2020, which will not significantly impact its financial position or operating results[94]. - The accounting policy change includes a unified revenue recognition model and clearer guidelines for specific transactions[94]. - The company has not reported any changes in accounting policies or prior period error corrections, indicating consistency in financial reporting practices[171]. - The company’s financial statements are prepared based on the going concern principle, indicating at least 12 months of operational capability from the reporting date[195]. - The company’s accounting policies comply with the requirements of the enterprise accounting standards, ensuring a true and complete reflection of its financial status and operating results[196]. Social Responsibility - The company actively engaged in social responsibility by donating mineral water to medical personnel during the pandemic[41]. - The company received a government subsidy of 72.16 million yuan for ecological protection funding[98].

证券代码：600189 证券简称：吉林森工 公告编号：临 2020—078 吉林森林工业股份有限公司关于参加投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证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、准确和完整承担个别及连带责任。 为进一步加强与投资者的互动交流，吉林森林工业股份有限公司（以下简称 "公司"）将参加由吉林证监局、吉林省证券业协会、深圳市全景网络有限公司 共同举办的"提高公司质量做受尊敬的上市公司--2020年吉林辖区上市公司投 资者网上集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将通过深圳市全景网络有限公司提供的互联网平台举 行，投资者可以登陆"全景·路演天下"网站（http://rs.p5w.net）参与公司 本次投资者集体接待日活动,时间为2020年8月21日（周五）15:30至17:00。 届时公司董事长、总经理、财务总监、董事会秘书等相关人员将通过网络在 线问答互动的形式，与投资者就公司治理、公司经营情况和可持续发展等投资者 关注的问题进行交流。 期间，公司高管等相关人员将全程在线，实时回答投资者的提问，欢迎广大 投资者积极参与。 ...

2020 年第一季度报告 公司代码：600189 公司简称：吉林森工 吉林森林工业股份有限公司 2020 年第一季度报告 1 / 25 2020 年第一季度报告 重要提示 . í 二、 公司基本情况 . 三、 重要事项 . 四、 附录 . 2 / 25 2020 年第一季度报告 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 公司负责人姜长龙、主管会计工作负责人王尽晖及会计机构负责人（会计主管人员）白刚保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | --- | |-----------------------------------------------|------------------|----------------------|-------------------------------| ...

2019 年年度报告 公司代码：600189 公司简称：吉林森工 吉林森林工业股份有限公司 2019 年年度报告 1 / 169 2019 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 中兴华会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人姜长龙、主管会计工作负责人王尽晖及会计机构负责人（会计主管人员）白刚声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经中兴华会计师事务所（特殊普通合伙）审计，2019年度，公司合并会计报表实现归属于上 市公司股东的净利润-1,484,737,184.46元，截至2019年12月31日，累计可供分配利润为 -1,272,918,639.03元。其中，母公司会计报表2019年度实现净利润-1,730,125,274.11元，根据 《公司法》和《公司章程》的规定不需提取法定盈余公积金，加上以前年度结转未分配 ...