二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 2017 年半年度报告 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 2017 年半年度报告 1 / 130 2017 年半年度报告 四、 公司负责人姜长龙、主管会计工作负责人包卓及会计机构负责人（会计主管人员）薛义声明： 保证半年度报告中财务报告的真实、准确、完整。 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半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。 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 本公司中期利润不分配，公积金不转增股本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告内容中涉及未来计划等前瞻性陈述存在不确定性，不构成公司对投资者的实质承诺， 敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细描述可能存在的风险等，请查阅本报告中"第四节经营情况的讨论与 分析"中可能面临的风 ...

2017 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 2017 年第一季度报告 1 / 21 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 10 | 2017 年第一季度报告 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 3 / 21 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 3,928,427,632.94 4,304,472,000.03 -8.74 归属于上市公司 股东的净资产 1,331,942,889.81 1,490,609,393.97 -10.64 年初至报告期末 年初至报告期末 比上年同期增减(%) 经营活动产生的 现金流量净额 -137,684,905.00 -215,005,039.06 不适用 年初至报告期末 年初至报告期末 比上年同期增减（%） 营业收入 34,743,439.13 97,350,147.52 -64.31 归属于上市公司 股东的净利润 ...

Financial Performance - In 2016, the company achieved a net profit of CNY 1,057,906.77, with a significant decrease in operating revenue to CNY 384,030,824.13, down 71.51% from CNY 1,347,984,406.41 in 2015[4] - The net profit attributable to shareholders decreased by 73.80% to CNY 11,715,236.80 compared to CNY 44,706,447.81 in the previous year[20] - The company reported a net cash flow from operating activities of -CNY 53,031,716.59, a decline of 133.93% from CNY 156,312,555.59 in 2015[20] - Total assets decreased by 12.55% to CNY 4,026,569,349.40 from CNY 4,604,173,438.83 in 2015[20] - Basic earnings per share fell by 71.43% to CNY 0.04 from CNY 0.14 in 2015[21] - The weighted average return on net assets decreased to 0.84%, down 2.55 percentage points from 3.39% in 2015[21] - The company’s net assets attributable to shareholders increased by 5.92% to CNY 1,406,200,937.81 compared to CNY 1,327,594,967.52 in 2015[20] - The company reported a total of ¥247,728,868.80 in non-recurring gains and losses for the year, with significant contributions from various non-operating income sources[26] - The company achieved operating revenue of 38,403.08 million yuan, a decrease of 71.51% year-on-year, down from 134,798.44 million yuan[40] - The net profit attributable to the parent company was 1,171.52 million yuan, a decrease of 73.80% year-on-year, down from 4,470.64 million yuan[40] - The company reported a significant increase in investment amounting to 154,480.64 million, representing a 289.39% increase compared to the previous year's investment of 39,672.46 million[69] Asset Restructuring - The company is in a critical phase of major asset restructuring, which has impacted its financial performance and cash flow[4] - The company is actively pursuing a major asset restructuring to enhance asset scale and profitability, with the restructuring process currently underway[37] - The company has completed the industrial and commercial change procedures for the equity of five subsidiaries invested in the engineered wood group[37] - The company plans to acquire a 75.45% stake in New Quanyuan and 100% stake in Park Garden through a share issuance as part of a major asset restructuring initiative[80] - The company is actively pursuing a major asset restructuring, with plans to issue shares to purchase 75.45% of Xinyuan Group and 100% of Park Landscape[115] - The company’s stock was suspended from trading on July 8, 2016, due to the planning of significant matters[115] - The company’s board approved the asset purchase and fundraising plan on December 5, 2016[116] Cash Flow and Investments - The net cash flow from operating activities showed a significant improvement, moving from -¥215,005,039.06 in Q1 to ¥294,542,502.37 in Q4[23] - Cash received from sales and services decreased by 60.68% to ¥568,936,124.50 compared to ¥1,446,878,193.64 in the same period last year[54] - Cash received from interest, fees, and commissions dropped to zero, a 100% decrease from ¥42,296,111.94 in the previous year[55] - Cash paid for purchasing goods and services fell by 56.06% to ¥361,827,284.75 compared to ¥823,494,610.48 in the previous year[54] - The company reported a significant reduction in other receivables from ¥796,138,845.43 to ¥766,361,299.92, a decrease of about 4%[177] - The company received 581,095,400.68 RMB from the recovery of investments, a substantial increase from 97,897,175.87 RMB in the prior period[194] - The cash paid for investments was 38,205,428.14 RMB, significantly lower than 809,724,636.43 RMB in the previous period[194] Revenue and Sales Performance - The company reported a total revenue of 356.72 million yuan for the reporting period[136] - The company’s top five customers contributed ¥99,972,500 in sales, accounting for 29.50% of total annual sales[50] - The sales volume of raw wood was 19,539 units, reflecting a year-on-year decrease of 81.79%[46] - The company’s composite door production increased by 48.69% year-on-year, with sales volume reaching 147,242 units[46] - The company is focusing on expanding its market presence and enhancing its product offerings in the upcoming quarters[187] Operational Efficiency and Cost Management - The company’s direct raw material costs for forest management products amounted to ¥19,807,461.14, representing 63.54% of total costs, a decrease of 47.21% compared to the previous year[47] - Direct labor costs for forest management products were ¥5,265,900.74, accounting for 16.89% of total costs, down 73.48% year-over-year[47] - The total cost of artificial board products' direct raw materials was ¥17,324,476.08, which is 53.53% of total costs, reflecting a 94.38% decrease from the previous year[48] - The company reported a significant reduction in sales expenses, which fell by 62.08% to ¥48,604,198.09 compared to the previous period[51] - The company’s R&D expenditure was 2,409,958.97 yuan, a decrease of 21.11% compared to the previous year[42] Governance and Management - The company’s management structure is designed to ensure efficient operations, with a focus on strategic management and quality control[34] - The company emphasizes the importance of talent development and management to improve operational efficiency and management capabilities[83] - The company has established a robust investor relations management system, facilitating communication and interaction with investors[158] - The company has a clear policy for the appointment and election of board members, ensuring transparency and accountability[142] - The company’s governance structure includes independent directors to enhance oversight and strategic direction[140] Risks and Challenges - The company has indicated potential risks in future operations due to uncertainties in market conditions and restructuring efforts[5] - The company is facing risks related to policy changes affecting sustainable forest management and potential challenges in new product market promotion[84] - The company has not conducted normal production this year due to the transition from commodity logging to cultivation logging, pending national approval[47] Future Outlook - The company aims to achieve a revenue target of CNY 880 million for 2017, with total operating costs projected at CNY 1,003.08 million[83] - The company is committed to enhancing its product development speed and brand promotion to improve market competitiveness[80] - The company plans to integrate high-quality assets in the ecological greening industry through acquisitions to facilitate business transformation[81]

Financial Performance - Operating revenue dropped by 76.08% to CNY 279,658,808.37 for the year-to-date period[6] - Net profit attributable to shareholders was CNY 38,773,870.37, a significant recovery from a loss of CNY 88,934,108.94 in the same period last year[6] - The company reported a net profit of CNY -97,564,102.63 after deducting non-recurring gains and losses[6] - The company reported a net profit of 36,249,564.61, a decrease of 101,405,924.68 compared to the same period last year, reflecting a significant decline in profitability[15] - The company reported a net loss of CNY 20,974,821.07 for the current period, an improvement from a loss of CNY 62,607,871.38 in the same period last year[36] - The net profit attributable to the parent company for Q3 2016 was -21,136,082.11 RMB, compared to -63,324,793.19 RMB in the same period last year, showing an improvement of 66.7%[38] - The total comprehensive income for Q3 2016 was -21,243,268.22 RMB, a significant reduction from -69,452,169.22 RMB year-over-year, indicating a 69.4% improvement[38] Assets and Liabilities - Total assets decreased by 9.49% to CNY 4,156,130,228.17 compared to the end of the previous year[6] - Cash and cash equivalents decreased by 64.51% to ¥172,509,726.76 from ¥486,062,297.07, primarily due to proceeds from the disposal of subsidiaries and trademark sales[11] - Financial assets measured at fair value decreased by 98.57% to ¥684,560.00 from ¥47,705,992.70, mainly due to stock purchases during the period[11] - Accounts receivable decreased by 45.79% to ¥56,009,902.98 from ¥103,323,820.74, attributed to the transfer of assets related to the engineered wood business[11] - Inventory decreased by 68.79% to ¥188,969,632.84 from ¥605,458,860.15, also due to the transfer of assets related to the engineered wood business[12] - Long-term equity investments increased by 198.31% to ¥2,288,248,734.00 from ¥767,058,715.57, primarily due to increased investment in Jilin Sen Gong Wood Group[12] - Current assets decreased from ¥2,431,112,588.21 to ¥1,398,626,066.74, indicating a reduction of approximately 42.5%[28][30] - Total liabilities decreased from ¥3,159,775,728.33 to ¥2,695,709,255.95, reflecting a reduction of approximately 14.6%[30] - Owner's equity increased to CNY 1,521,385,610.94 from CNY 1,395,666,119.66 at the beginning of the year[33] Cash Flow - Net cash flow from operating activities was negative at CNY -347,574,218.96, a decline of 949.82% compared to the previous year[6] - The company experienced a net cash outflow from operating activities of 347,574,218.96, a decrease of 388,474,029.04 compared to the same period last year[15] - Operating cash flow for the first nine months of 2016 was negative at -401,252,515.01 RMB, compared to a positive cash flow of 74,123,341.61 RMB in the same period last year[48] - Total cash inflow from investment activities was 460,488,569.46 RMB, significantly higher than 126,231,292.63 RMB in the previous year[48] - Net cash flow from financing activities was negative at -330,014,726.39 RMB, compared to a positive cash flow of 644,789,429.61 RMB in the same period last year[50] Shareholder Information - The total number of shareholders reached 28,355 by the end of the reporting period[9] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 132,175,341 shares, accounting for 42.569% of total shares[9] Government Support and Non-Recurring Items - The company received government subsidies amounting to CNY 1,449,280.15 during the year-to-date period[7] - Non-recurring losses totaled CNY -7,547,561.62 for the year-to-date period[8] Corporate Governance and Restructuring - The company announced the completion of board and management restructuring, with new appointments made on September 26, 2016[19] - The company plans to enhance governance systems and has revised several internal regulations during the reporting period[19] - The company is actively advancing a major asset restructuring, with stock suspension initiated on July 8, 2016, and expected to last no more than 2 months[20][21] - The company has committed to implementing an equity incentive plan for key management and core technical personnel following the completion of the share reform[22][23] - The company has completed the lock-up of 58.35 million shares held by its controlling shareholder, which will be used for compensating former employees[22][23] Sales and Expenses - Operating costs decreased by 75.56% to ¥210,074,026.32 from ¥859,711,847.78, reflecting the same asset transfer reasons[13] - The company’s sales expenses were reported at 88,661,608.29, a reduction of 49.94% year-on-year, attributed to the asset restructuring[15] - The company’s financial expenses for the first nine months of 2016 were 97,894,989.68 RMB, an increase from 86,273,402.98 RMB year-over-year, reflecting a 13% rise[40]

Financial Performance - The company's operating revenue for the first half of 2016 was approximately ¥179.77 million, a decrease of 77.20% compared to the same period last year, which was ¥788.51 million[21]. - The net profit attributable to shareholders for the first half of 2016 was approximately ¥59.91 million, compared to a loss of ¥25.61 million in the same period last year[21]. - The basic earnings per share for the first half of 2016 was ¥0.19, a significant improvement from a loss of ¥0.08 per share in the previous year[21]. - The weighted average return on net assets for the first half of 2016 was 4.41%, compared to -1.97% in the same period last year[21]. - The net cash flow from operating activities for the first half of 2016 was approximately -¥375.12 million, compared to -¥30.42 million in the same period last year[21]. - The total operating revenue for the first half of 2016 was CNY 179,774,782.61, a decrease of 77.5% compared to CNY 795,868,786.44 in the same period last year[127]. - Net profit for the first half of 2016 reached CNY 57,492,832.83, a significant recovery from a net loss of CNY 31,953,755.46 in the previous year[128]. - The company achieved an operating profit of CNY 52,985,009.86, a turnaround from an operating loss of CNY 30,342,528.36 in the previous year[127]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥4.19 billion, a decrease of 8.95% from ¥4.60 billion at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥1.44 billion, an increase of 8.53% from ¥1.33 billion at the end of the previous year[21]. - Total liabilities decreased from CNY 3,159,775,728.33 to CNY 2,705,691,385.45, a reduction of approximately 14.4%[121]. - The total assets decreased from CNY 4,416,517,309.76 to CNY 4,125,023,924.35, a decrease of about 6.6%[124]. - The company's cash and cash equivalents decreased from CNY 452,715,141.69 to CNY 143,563,279.86, a drop of approximately 68.3%[123]. Investments and Restructuring - The company reported significant asset restructuring gains due to the transfer of assets related to the engineered wood business[22]. - The company completed the transfer of assets related to the major asset restructuring, holding 40.22% of the shares in the engineered wood group[29]. - The company initiated a new major asset restructuring plan, with stock trading suspended since July 8, 2016[30]. - The investment amount increased by CNY 122,254.22 million compared to the previous year, representing a growth rate of 380.71%[51]. - The company completed a significant asset restructuring, investing CNY 154,366.68 million in the engineered wood group, increasing its registered capital from CNY 86,000 million to CNY 143,861 million, holding a 40.22% stake[48]. Cash Flow - Cash flow from operating activities showed a net outflow of CNY 375,119,003.16, worsening from a net outflow of CNY 30,416,459.13 in the same period last year[133]. - The total cash inflow from investment activities was 435,874,009.05 RMB, while cash outflow was 46,424,221.40 RMB, resulting in a net cash flow of 389,449,787.65 RMB[137]. - The company reported a total operating cash inflow of 329,848,166.82 RMB, significantly lower than 761,377,766.64 RMB in the previous period[137]. - The net increase in cash and cash equivalents was -308,047,246.83 RMB, contrasting with an increase of 287,316,081.93 RMB in the previous period[137]. Corporate Governance and Management - The company has established a comprehensive corporate governance structure and advanced management systems to ensure efficient operations[47]. - The company appointed new executives, including a new chairman and vice chairman, during the reporting period[113]. - The company completed changes in its board of directors and senior management during the reporting period[99]. - The company has maintained a stable governance structure in compliance with relevant laws and regulations[99]. Related Party Transactions - The company incurred a total of 96,908,084.76 RMB in related party transactions for purchasing fuel, wood products, and other goods, which accounted for 96.91% of the expected total amount of related party transactions[84]. - The company has a long-term agreement with related parties, ensuring stable resource supply and independence from related party transactions[84]. - The company paid a total of 10,325,845.89 RMB in rental fees during the reporting period, which accounted for 10.33% of the expected total amount of related party transactions[79]. Financial Reporting and Compliance - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect a true and complete picture of its financial status[153]. - The company has not made any changes to its accounting policies or estimates during the reporting period[100]. - The company has retained the same accounting firm, Ruihua Certified Public Accountants, for five years, with an audit fee of 860,000 RMB[97]. Shareholder Information - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., holds 132,175,341 shares, accounting for 42.569% of total shares[108]. - The total number of shares remained unchanged at 310,500,000 during the reporting period[102]. - The company has not planned any capital reserve conversion or additional share distribution for the half-year period[69].

2016 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 2016 年第一季度报告 1 / 23 | 一、重要提示 | 3 | | --- | --- | | 二、公司主要财务数据和股东变化 | 3 | | 三、重要事项 | 6 | | 四、附录 | 12 | 2016 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 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 柏广新 | 董事长 | 因公出差 | 李建伟 | | 李学友 | 董事 | 因公出差 | 包卓 | 二、 公司主要财务数据和股东变化 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 ...

Financial Performance - In 2015, the company achieved a net profit of CNY 102,801,054.22, with a profit distribution plan proposing a cash dividend of CNY 0.50 per 10 shares, totaling CNY 15,525,000.00[5] - The company's operating income for 2015 was CNY 1,347,984,406.41, a decrease of 4.90% compared to CNY 1,417,501,774.53 in 2014[22] - The net profit attributable to shareholders increased significantly by 321.49% to CNY 44,706,447.81 from CNY 10,606,792.48 in the previous year[22] - The company reported a net cash flow from operating activities of CNY 156,312,555.59, a substantial increase of 3,962.18% compared to CNY 3,847,996.68 in 2014[22] - Total assets rose by 18.84% to CNY 4,604,173,438.83 from CNY 3,874,353,715.35 in 2014[22] - The company's net assets attributable to shareholders increased by 1.11% to CNY 1,327,594,967.52 compared to CNY 1,313,044,587.63 in 2014[22] - Basic earnings per share for 2015 were CNY 0.14, reflecting a 366.67% increase from CNY 0.03 in 2014[23] - The weighted average return on net assets improved to 3.39% from 0.8% in the previous year, an increase of 2.59 percentage points[23] Operational Highlights - The company’s main business includes engineered wood products, with a focus on particleboard, MDF, and solid wood composite doors, contributing to its revenue streams[34] - The company faced continuous losses in the engineered wood business over the past three years, prompting a major asset restructuring involving the investment in a wholly-owned subsidiary[36] - The company’s solid wood composite door design capacity is 200,000 units, with its "Holz" brand recognized in the domestic market[35] - The company’s engineered wood group primarily serves the construction and furniture industries, indicating a reliance on downstream demand[36] Non-Recurring Gains and Losses - The net profit attributable to shareholders, excluding non-recurring gains and losses, decreased mainly due to the sale of the "Lushuihe" trademark and a decline in the operating performance of the engineered wood industry, resulting in a loss of 45,063,730.82 RMB in Q1[24] - Non-recurring gains included a profit from the disposal of non-current assets amounting to 224,423,116.17 RMB, contrasting with a loss of 408,114.36 RMB in 2014[28] - The total non-recurring gains for the year amounted to 234,496,390.54 RMB, reflecting various income sources outside of regular operations[29] Cash Flow and Investments - The company reported a net cash flow from operating activities of 115,412,745.51 RMB in Q4, indicating improved cash generation compared to previous quarters[26] - The company’s investment activities generated a net cash outflow of CNY -229,574,293.73, compared to a larger outflow of CNY -369,242,267.12 in the previous year[48] - The company reported a significant increase in cash from the sale of the "Lushuihe" trademark, amounting to CNY 237.3749 million, contributing to a 151.87% increase in cash and cash equivalents compared to the previous period[65] Shareholder Information - The total distributable profit available for shareholders at the end of 2015 was ¥252,479,452.04, including retained earnings from previous years[100] - The company has maintained a cash dividend policy that aligns with its articles of association and shareholder resolutions, ensuring investor rights are protected[98] - The cash dividend for 2014 was ¥1.00 per share, with a total distribution of ¥31,050,000.00, reflecting a payout ratio of 292.74% of the net profit attributable to shareholders[101] - The remaining undistributed profit of ¥236,954,452.04 will be carried forward to future years[100] Corporate Governance - The company’s financial results for 2015 were audited by Ruihua Certified Public Accountants, who issued a standard unqualified opinion[99] - The company appointed Ruihua Certified Public Accountants as the auditor for the fiscal year 2015, with an audit fee of 860,000 RMB[108] - The company has maintained compliance with regulatory requirements, with no penalties from securities regulatory agencies reported in the last three years[182] Management and Leadership Changes - The company appointed Yu Haijun as the new chairman following the retirement of Bai Guangxin due to age reasons[169] - The company experienced a change in senior management with the appointment of Bao Zhuo as the new general manager, following the resignation of Mao Chenju due to work changes[178] - The board of directors has undergone changes, with three independent directors being replaced during the reporting period due to term expirations and other reasons[176] Employee and Training Initiatives - The total number of employees in the parent company is 4,385, and the total number of employees in major subsidiaries is 537, resulting in a combined total of 4,922 employees[183]. - The training program achieved a 100% qualification rate for all participating employees, who obtained technical titles[185]. - The company has conducted various training sessions focusing on management, technical skills, and safety, enhancing the overall competency of its workforce[185]. Related Party Transactions - The company engaged in related party transactions totaling ¥60,137,259.93, accounting for 27.34% of the expected total for daily operational related transactions[124] - The company received services from related parties amounting to ¥15,355,534.06, which represents 10.24% of the expected total for daily operational related transactions[124] - The company purchased wood raw materials from related parties for ¥37,532,622.50, which is 19.33% of similar transactions[123] Strategic Initiatives - The company plans to optimize its industry structure and layout in response to the tightening market conditions in the wood-based panel industry[69] - The company is focused on expanding its market presence and enhancing its product offerings through strategic initiatives[171] - The company aims to leverage its strong management team to drive future growth and operational efficiency[171]

Financial Performance - Operating revenue for the first nine months rose by 19.30% to CNY 1,169,067,579.40 year-on-year[6] - Net profit attributable to shareholders decreased significantly by 2,522.94% to a loss of CNY 88,934,108.94 compared to the same period last year[6] - Basic and diluted earnings per share were both -CNY 0.29, a decrease of 2,964.22% compared to the previous year[6] - The company reported a net loss of CNY 82,270,427.89 for the first nine months of 2015, contrasting with a profit of CNY 14,665,947.95 in the same period last year[33] - The company's net profit for Q3 2015 was a loss of ¥69,452,169.22, compared to a loss of ¥1,255,714.68 in the same period last year, indicating a significant decline in profitability[35] - Total revenue for the first nine months of 2015 was ¥887,343,109.98, down 5.9% from ¥942,831,411.20 in the previous year[37] - Operating profit for the first nine months of 2015 was reported at CNY -101,830,488.62, compared to CNY -5,436,885.51 in the previous year, indicating a significant decline[33] - Operating profit for Q3 2015 was a loss of ¥59,755,615.41, compared to a loss of ¥29,385,355.17 in Q3 2014, reflecting worsening operational performance[37] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 40,899,810.08, a recovery from a negative cash flow of CNY 122,077,396.33 in the previous year[6] - Operating cash inflow for the first nine months of 2015 was CNY 1,325,733,827.42, an increase from CNY 866,659,907.15 in the same period last year[44] - Net cash flow from operating activities was CNY 74,123,341.61, a significant improvement compared to a net outflow of CNY -211,683,503.55 in the previous year[44] - Cash received from sales of goods and services was CNY 758,532,423.78, slightly up from CNY 758,198,640.46 year-on-year[44] - Cash inflow from financing activities totaled CNY 2,114,669,866.67, up from CNY 1,867,500,000.00 year-on-year[44] - Net cash flow from financing activities was CNY 644,789,429.61, compared to CNY 233,335,316.30 in the same period last year[44] Assets and Liabilities - Total assets increased by 15.21% to CNY 4,591,659,564.09 compared to the end of the previous year[6] - The company's total liabilities were CNY 3,288,343,769.97, compared to CNY 2,451,049,138.01 at the beginning of the year, reflecting an increase of about 34.2%[28] - The company's current assets reached CNY 2,380,212,242.75, up from CNY 2,028,180,971.66 at the start of the year, indicating a growth of approximately 17.4%[26] - The company's non-current assets totaled CNY 2,211,447,321.34, up from CNY 1,846,172,743.69 at the beginning of the year, indicating an increase of approximately 19.7%[27] - The company's equity decreased to CNY 1,166,359,752.97 from CNY 1,323,021,133.36 at the beginning of the year, a decline of approximately 11.9%[31] Shareholder Information - The total number of shareholders at the end of the reporting period was 26,055[10] - The largest shareholder, China Jilin Forest Industry Group Co., Ltd., held 132,175,341 shares, accounting for 42.569% of total shares[11] - The company completed the share lock-up commitment for 58.35 million shares as part of its equity reform plan[19] - The company has committed to implementing an equity incentive system for key management and technical personnel following the completion of the equity reform[19] - The company has established a long-term incentive fund plan based on net profit growth, aimed at incentivizing senior management and key personnel[20] Investment and Financial Activities - Long-term equity investments increased by 130.26% to ¥814.22 million from ¥353.60 million, attributed to new investments[12] - Financial expenses increased by 34.48% to ¥120.18 million from ¥89.37 million, mainly due to increased loan scale[13] - The company reported a significant increase in asset impairment losses, which reached ¥5,811,498.87 in Q3 2015, compared to ¥618,447.11 in the same period last year[37] - Investment income for the first nine months of 2015 was ¥16,959,148.18, down from ¥24,236,650.15 in the previous year, reflecting reduced returns from investments[37] - The company received CNY 87,861,592.94 in investment income, significantly higher than CNY 30,073,773.83 in the same period last year[44] Operational Challenges - The company is undergoing a major asset restructuring, with stock trading suspended since August 10, 2015, due to ongoing uncertainties[14] - The company announced a significant reduction in expected performance for Q3 2015, with a correction notice issued on October 13, 2015[17] - The company reported a loss from the disposal of non-current assets of CNY 478,880.95 for the third quarter[7]

Financial Performance - The company's operating revenue for the first half of 2015 was approximately ¥788.51 million, representing a 21.02% increase compared to ¥651.54 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2015 was a loss of approximately ¥25.61 million, a significant decrease of 1,157.19% compared to a profit of ¥2.42 million in the same period last year[20]. - The basic earnings per share for the first half of 2015 was -¥0.08, compared to ¥0.01 in the same period last year, reflecting a 900% decline[20]. - The weighted average return on net assets was -1.97%, a decrease of 110.94 percentage points from 0.18% in the same period last year[20]. - The net cash flow from operating activities for the first half of 2015 was -¥30.42 million, compared to -¥125.65 million in the same period last year[20]. - The company achieved operating revenue of CNY 788.51 million, an increase of 21.02% compared to the same period last year[26]. - The company's net profit attributable to shareholders was CNY -25.61 million, a decrease of CNY 28.03 million year-on-year[26]. - The company’s total revenue for the first half of the year accounted for 47.30% of the annual target of CNY 1.683 billion[36]. - The company reported a total comprehensive income of CNY -5,808,106.30 for the current period, indicating a significant loss compared to the previous period[160]. Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥4.93 billion, an increase of 27.34% from ¥3.87 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥1.26 billion, a decrease of 3.67% from ¥1.31 billion at the end of the previous year[20]. - Total liabilities rose to ¥3,588,384,837.70 from ¥2,451,049,138.01, marking an increase of 46.4%[134]. - Current liabilities increased to ¥2,317,723,476.53 from ¥1,384,867,757.20, a growth of 67.3%[134]. - Owner's equity decreased to ¥1,345,078,179.61 from ¥1,423,304,577.34, a decline of approximately 5.5%[135]. Cash Flow - The company reported a net increase in cash and cash equivalents of 287,316,081.93 RMB, up from 49,397,049.49 RMB in the prior year[152]. - Cash and cash equivalents at the end of the period reached 425,203,888.56 RMB, compared to 262,944,866.23 RMB at the end of the previous year[152]. - Cash flow from operating activities resulted in a net outflow of ¥30,416,459.13, an improvement from a net outflow of ¥125,647,399.38 in the previous period[148]. - The total cash inflow from operating activities was 761,377,766.64 RMB, down from 1,147,720,908.13 RMB in the previous year[152]. Investments and Expenses - The company’s investment activities resulted in a net cash outflow of CNY -432.92 million, primarily due to investments in joint ventures[32]. - The company’s research and development expenses decreased by 81.48% to CNY 22,316.16[31]. - The company’s management expenses increased by 46.71% to CNY 128.07 million, mainly due to rising employee compensation[30]. - The company incurred total investment cash outflows of ¥780,485,147.42, compared to ¥551,382,890.56 in the previous period, indicating increased investment activity[148]. Shareholder Information - The company has a total of 310,500,000 shares outstanding, with no changes in the share structure during the reporting period[113][114]. - The total number of shareholders at the end of the reporting period was 26,494[118]. - The largest shareholder, China Jilin Forest Industry Group, holds 132,175,341 shares, representing 42.569% of total shares[119]. - The company distributed CNY -31,050,000.00 to shareholders, which represents a reduction in profit distribution compared to prior periods[158]. Corporate Governance - The company appointed Ruihua Certified Public Accountants (Special General Partnership) as its auditor, with an audit fee of 860,000 RMB and an audit tenure of 4 years[106]. - The company appointed a new general manager, Bao Zhuo, following the resignation of the previous general manager, Mao Chenju, due to job changes[127]. - The company replaced three directors during the reporting period, with the changes announced in March and April 2015[126]. Legal and Compliance - The company reported a total of 4,629,000 RMB in contingent liabilities related to lawsuits and arbitration during the reporting period[77]. - The company is currently involved in multiple lawsuits with a total claimed amount of 4,629,000 RMB, with some cases awaiting court hearings[76]. - The company has not reported any significant litigation or arbitration matters that have not been disclosed in temporary announcements[75]. Accounting Policies - The company’s accounting policies are based on the accrual basis of accounting, following the relevant enterprise accounting standards[170]. - The company’s financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and the China Securities Regulatory Commission[169]. - The company assesses impairment of available-for-sale financial assets based on management's judgment regarding fair value and the financial condition of the investee[174].

2015 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 2015 年第一季度报告 1 / 22 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司主要财务数据和股东变化 3 | | 三、 | 重要事项 6 | | 四、 | 附录 12 | 2015 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、高级管理人员应当保证季度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 如有董事未出席董事会，应当单独列示其姓名 | 未出席董事姓名 | 未出席董事职务 | 未出席董事的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 李建伟 | 董事 | 因公出差 | 王海 | | 李学友 | 董事 | 因公出差 | 包卓 | | 许彪 | 独立董事 | 工作繁忙 | | 1.3 公司负责人柏广新、主管会计工作负责人包卓及会计机构负责人（会计主管人员）薛义保证 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 ...