Financial Performance - The company's operating revenue for the first half of 2021 was ¥356,623,851.11, a decrease of 13.31% compared to ¥411,387,818.98 in the same period last year[17]. - The net profit attributable to shareholders was -¥4,104,751.73, improving from -¥34,189,213.45 in the previous year[17]. - The net cash flow from operating activities was -¥42,992,224.97, compared to -¥92,541,377.86 in the same period last year[17]. - Total assets decreased by 14.32% to ¥1,425,829,252.14 from ¥1,664,080,442.33 at the end of the previous year[17]. - The net assets attributable to shareholders were ¥606,581,161.43, a slight decrease of 0.67% from ¥610,685,913.16 at the end of the previous year[17]. - Basic earnings per share for the first half of 2021 were -¥0.0078, compared to -¥0.0648 in the same period last year[18]. - The weighted average return on net assets was -0.67%, an improvement from -6.66% in the previous year[18]. - The company reported a significant reduction in financial expenses, which decreased to ¥11,593,385.89 from ¥17,520,139.64 in the first half of 2020[69]. - The total comprehensive income for the first half of 2021 was ¥10,382,864.04, compared to a loss of ¥43,886,499.07 in the same period last year[71]. - The company reported a net loss of CNY -903,334,499.69 as of June 30, 2021, compared to a loss of CNY -899,229,747.96 in December 2020, indicating a slight increase in losses[63]. Revenue Breakdown - The company's seed industry revenue accounted for 58.08% of total revenue, while food and trade revenue contributed 21.53% and other revenues made up 20.39%[22]. - The seed industry achieved a revenue of CNY 207.11 million, an increase of CNY 93.46 million compared to the same period last year, with a net profit of CNY 26.24 million, up CNY 35.23 million year-on-year[25]. - The food and trade sector reported a revenue of CNY 76.77 million, a decrease of CNY 201.36 million year-on-year, resulting in a net loss of CNY 14.93 million, although this was an improvement of CNY 0.58 million compared to the previous year[26]. - The company's total operating revenue decreased by 13.31% to CNY 356.62 million, while operating costs fell by 21.88% to CNY 268.02 million[24]. Cash Flow and Investments - Operating cash flow for the first half of 2021 was -42,992,224.97 RMB, an improvement from -92,541,377.86 RMB in the same period of 2020, indicating a 53.6% reduction in cash outflow[76]. - Total cash inflow from operating activities decreased to 257,070,515.33 RMB, down 33.4% from 386,614,932.19 RMB in the first half of 2020[76]. - Cash outflow from operating activities was 300,062,740.30 RMB, a decrease of 37.5% compared to 479,156,310.05 RMB in the previous year[76]. - Investment activities generated a net cash outflow of -2,550,039.25 RMB, contrasting with a net inflow of 17,252,846.29 RMB in the first half of 2020[77]. - Cash inflow from financing activities was 308,158,680.00 RMB, down 45.1% from 562,688,172.08 RMB in the same period of 2020[77]. Assets and Liabilities - Total assets decreased from CNY 1,664,080,442.33 in December 2020 to CNY 1,425,829,252.14 by June 30, 2021, representing a decline of approximately 14.3%[62]. - Total liabilities decreased from CNY 1,039,345,732.73 in December 2020 to CNY 790,711,678.50 by June 30, 2021, a reduction of about 24%[63]. - Current liabilities decreased from CNY 988,576,496.84 in December 2020 to CNY 747,479,154.14 by June 30, 2021, indicating a decline of approximately 24.4%[62]. - The company’s total liabilities to equity ratio improved from approximately 1.66 in December 2020 to 1.24 by June 30, 2021, indicating a stronger equity position relative to liabilities[63]. Research and Development - Research and development expenses increased by 104% to CNY 5.73 million, reflecting a significant investment in biological breeding[27]. - Research and development expenses increased to ¥5,730,211.69, up 103.3% from ¥2,808,929.70 in the first half of 2020, indicating a focus on innovation[69]. Market Conditions and Strategy - The seed industry is experiencing intense competition with over 5,000 legal varieties in the market, leading to pressure on production and operations[22]. - The food industry is adapting to rising costs and increased competition, focusing on innovation and market expansion to improve profitability[24]. - The overall financial performance indicates a strategic shift towards cost control and operational efficiency amid challenging market conditions[25]. - The company plans to enhance seed quality and yield through improved field management and marketing strategies to meet annual sales targets[33]. - The company aims to adjust its operational strategies in response to pandemic and exchange rate changes, leveraging both domestic and international markets[33]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 55,028[52]. - The largest shareholder, Jiuquan Modern Agriculture (Holding) Group Co., Ltd., holds 12.92% of the shares, totaling 68,170,168 shares[54]. - Jiangsu Rongzhuo Investment Co., Ltd. holds 10.42% of the shares, totaling 55,000,000 shares[54]. - There were no significant changes in the company's share capital structure during the reporting period[51]. Compliance and Regulations - The company has installed pollution control equipment in its subsidiaries to comply with environmental regulations[39]. - All subsidiaries have established wastewater treatment facilities that meet national and local discharge standards[39]. - The company has not proposed any profit distribution or capital reserve transfer plans for the reporting period[37]. Accounting Policies - The financial statements are prepared based on the assumption of going concern, in accordance with the accounting standards[106]. - The company adheres to the accounting policies and estimates as per the relevant financial regulations[108]. - The company recognizes cash and cash equivalents as cash on hand and deposits available for payment[121]. - Foreign currency transactions are recorded at the spot exchange rate on the transaction date, with monetary items remeasured at the exchange rate on the balance sheet date[122].

2020 年第一季度报告 公司代码：600354 公司简称：*ST 敦种 甘肃省敦煌种业集团股份有限公司 2020 年第一季度报告 1 / 24 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 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 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 1,839,210,822.79 | 1,964,665,507.74 | -6.39 | | 归属于上市公司 | 522,723,500.52 | 530,681,376.13 | -1.50 | | 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 | -44,025,389.99 | -97,325,673.12 | 不适用 | | 现金流量净额 | | | | | 投资活动产生的 | ...

Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 411.39 million, a decrease of 9.73% compared to CNY 455.72 million in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of CNY 34.19 million, an improvement from a loss of CNY 81.73 million in the previous year[19]. - The net cash flow from operating activities was negative CNY 92.54 million, compared to negative CNY 35.29 million in the same period last year[19]. - The total assets at the end of the reporting period were approximately CNY 1.85 billion, a decrease of 5.79% from CNY 1.96 billion at the end of the previous year[20]. - The net assets attributable to shareholders of the listed company were approximately CNY 496.49 million, down 6.44% from CNY 530.68 million at the end of the previous year[20]. - The basic earnings per share for the first half of 2020 was -CNY 0.0648, an improvement from -CNY 0.1548 in the same period last year[21]. - The weighted average return on net assets was -6.66%, an improvement from -12.42% in the previous year[21]. - The company reported a significant loss of 104.54% in net profit compared to the previous year, with a total revenue of 6,878 million[47]. - The company reported a net loss of CNY 50,015,741.19 for the first half of 2020, compared to a net loss of CNY 91,999,713.98 in the first half of 2019[98]. - The total comprehensive income for the first half of 2020 was a loss of CNY 43,886,499.07, compared to a loss of CNY 102,862,941.01 in the first half of 2019[101]. Revenue and Costs - The company's seed industry revenue increased by 74.96% compared to the same period last year, contributing 28.92% to total revenue[26]. - Total operating revenue for the reporting period was approximately ¥411.39 million, a decrease of 9.73% from ¥455.72 million in the previous year[33]. - Operating costs decreased by 19.89% to ¥343.11 million from ¥428.29 million year-on-year[33]. - The food and trade sector's revenue declined compared to the previous year, attributed to intensified competition and the impact of the pandemic[31]. Assets and Liabilities - Financial assets measured at fair value decreased by 45.09% to ¥17,045,587.80, primarily due to the sale of equity instruments during the reporting period[35]. - Accounts receivable increased by 6.13% to ¥207,807,644.16, mainly due to slower sales returns[35]. - Prepayments rose by 43.00% to ¥149,143,546.09, attributed to increased advance payments during the reporting period[35]. - Construction in progress increased by 41.42% to ¥104,453,167.91, primarily due to prepayment expenditures[37]. - Deferred income tax assets increased by 69.35% to ¥8,476,029.30, mainly due to the company's recognition of impairment losses[37]. - Accounts payable decreased by 41.85% to ¥119,901,613.89, mainly due to reduced procurement activities[38]. - The total liabilities of the company were not explicitly stated, but the current liabilities included accounts payable of RMB 119,901,613.89, down from RMB 206,185,357.03, indicating a decrease of approximately 41.8%[92]. Research and Development - Research and development expenses decreased by 9.28% to ¥2.81 million, due to delays in some R&D activities[33]. - Research and development expenses for the first half of 2020 were CNY 2,808,929.70, slightly down from CNY 3,096,280.50 in the same period of 2019[98]. - Research and development expenses increased to CNY 2,165,382.50 in the first half of 2020, up from CNY 1,525,497.62 in the first half of 2019, reflecting a growth of 42.0%[104]. Market Strategy and Competition - The company is focusing on developing proprietary seed varieties to enhance market competitiveness[31]. - The company is expanding its market presence in high-end consumer areas, particularly in the Yangtze River Delta and Pearl River Delta regions[26]. - The company is actively adjusting its product development direction to focus on regionally advantageous varieties[31]. - The company is facing intense market competition in the seed industry, which poses a significant challenge for seed sales[47]. - The food trade sector is heavily impacted by market demand fluctuations and the ongoing effects of the COVID-19 pandemic in major markets like Europe and the United States[47]. Financial Management and Risks - The company has a large amount of idle assets and significant seed inventory, which poses a financial risk[48]. - The company will implement measures to recover accounts receivable and reduce inventory levels to alleviate operational pressure[48]. - The company has ongoing significant litigation matters, including a lawsuit against Jilin Ping'an Seed Industry Co., Ltd. with a claim amount of RMB 22,496,516.76, and another against Urumqi Land Port International Trade Co., Ltd. for RMB 41,584,721.27, both of which have not yet gone to trial[55][56]. - The company has reached a settlement in a lawsuit with Shanghai Shangrong Supply Chain Management Co., Ltd., with a net profit impact of RMB -3.9573 million, and a remaining amount of RMB 10 million to be paid in installments[58]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,158[80]. - The largest shareholder, Jiuquan Modern Agriculture (Holding Group) Co., Ltd., held 68,170,168 shares, accounting for 12.92% of the total shares[82]. - Jiangsu Rongzhuo Investment Co., Ltd. held 55,000,000 shares, representing 10.42% of the total shares, with 20,610,000 shares pledged[82]. Poverty Alleviation and Community Engagement - The company aims for a 10% increase in per capita net income for poverty alleviation targets compared to the previous year[64]. - A total of 8,014.57 million was invested in poverty alleviation projects, helping 36 registered poor individuals to escape poverty[69]. - The company has implemented 10 or more practical assistance projects to address the production and living difficulties of the local population[66]. - The company has conducted 2 visits to assist farmers and promote poverty alleviation measures[67]. Environmental and Compliance - The company has strengthened its environmental management responsibilities, ensuring compliance with national and local environmental standards[75]. - The company has undergone changes in accounting policies effective from January 1, 2020, in accordance with national regulations[136]. - The company’s financial statements are prepared based on the assumption of going concern[135]. Taxation - The company is subject to a corporate income tax rate of 25%[145]. - The company has received tax exemptions for agricultural projects, including new crop variety breeding and cotton processing, resulting in a full exemption from corporate income tax for 2020[150]. - The company’s subsidiary, Gansu Dunhuang Seed Industry Co., Ltd., has been granted a 15% reduced corporate income tax rate from January 1, 2015, to December 31, 2020, due to its involvement in encouraged industries in the western region[155]. Accounts Receivable and Bad Debt Provisions - The total accounts receivable balance is CNY 433,895,673.14, with a total bad debt provision of CNY 224,335,134.98, resulting in a provision rate of approximately 51.7%[171]. - The company’s bad debt provision methodology is based on expected credit losses, with no single item provision applied[167]. - The total accounts receivable at the end of the period is ¥467,122,000.00, with a bad debt provision of ¥257,561,500.00, resulting in a provision ratio of 55%[167].

2020 年第三季度报告 公司代码：600354 公司简称：*ST 敦种 甘肃省敦煌种业集团股份有限公司 2020 年第三季度报告 1 / 27 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 9 | 2020 年第三季度报告 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | | 本报告期末比上年度 | | | --- | --- | --- | --- | --- | --- | | | | | | 末增减(%) | | | 总资产 | 1,565,801,065. | 1,964,665,507.74 | | -20.30 | | | | 79 | | | | | | 归属于上市公司股东的净资 | 606,643,811.08 | 530,681,376.13 | | | 14.31 | | 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(%) | | | | （ ...

Financial Performance - In 2020, the company achieved a net profit of CNY 25,381,945.77, with a net profit attributable to shareholders of CNY 29,542,933.97, compared to a loss of CNY 169,953,913.09 in 2019[5]. - The company's operating revenue for 2020 was CNY 954,210,631.49, representing a decrease of 19.39% from CNY 1,183,712,575.19 in 2019[22]. - The company's net profit for 2020 was -23,494,237.97 RMB, a decrease from -25,320,028 RMB in 2019[27]. - The basic earnings per share for 2020 was CNY 0.0560, recovering from a loss of CNY -0.3220 in 2019[24]. - The weighted average return on equity for 2020 was 5.37%, a significant recovery from -27.65% in 2019[24]. - The total profit for 2020 reached CNY 31,899,443.18, compared to a total loss of CNY 211,790,527.68 in the previous year[158]. - The total comprehensive income for the year was CNY 25,381,945.77, compared to a comprehensive loss of CNY 215,861,822.75 in 2019[156]. - The company reported a net profit of approximately ¥29.54 million for 2020, with no cash dividends distributed[72]. Revenue and Costs - The company's operating revenue for the reporting period was CNY 954.21 million, a decrease of 19.39% compared to the previous year, while operating costs decreased by 22.69% to CNY 819.78 million[37]. - The total operating costs for 2020 were CNY 1,048,072,868.60, down from CNY 1,355,526,744.29 in 2019, reflecting a reduction of 22.6%[154]. - The gross profit margin for the seed segment was 21.89%, with a slight increase of 0.01 percentage points year-on-year, while the food and trade segment's gross profit margin was 8.30%, an increase of 3.18 percentage points[39]. Assets and Liabilities - The total assets at the end of 2020 were CNY 1,664,080,442.33, down 15.30% from CNY 1,964,665,507.74 in 2019[23]. - The company's total liabilities decreased to CNY 630,039,101.25 in 2020 from CNY 822,022,899.71 in 2019, representing a reduction of 23.4%[152]. - The company's equity attributable to shareholders increased to CNY 584,814,489.18 in 2020 from CNY 520,441,500.74 in 2019, an increase of 12.3%[152]. - The company's current assets totaled CNY 1,059,885,787.93, slightly down from CNY 1,084,634,238.89 in 2019, indicating a decrease of about 2.3%[145]. - Accounts receivable decreased from CNY 195,796,075.22 in 2019 to CNY 92,678,564.72 in 2020, indicating a decline of approximately 52.7%[145]. Cash Flow - The company's cash flow from operating activities was CNY 118,617,083.99, a significant improvement from a negative cash flow of CNY -2,746,985.02 in 2019[22]. - The net cash flow from investment activities improved to ¥200,939,465.19 in 2020 from a negative cash flow of ¥33,300,575.43 in 2019[162]. - The ending balance of cash and cash equivalents increased to ¥495,926,779.79 in 2020 from ¥337,154,207.03 in 2019, showing a growth of about 47%[163]. Industry Performance - The seed industry generated revenue of 389.76 million RMB in 2020, an increase of 51.45 million RMB compared to the previous year[34]. - The food and trade industry reported revenue of 498.13 million RMB in 2020, a decrease of 278.90 million RMB from the previous year[34]. - The seed industry accounted for 40.85% of total revenue, while the food and trade sector contributed 52.51%[31]. Research and Development - R&D expenses totaled ¥9,728,228.20, accounting for 1.02% of operating revenue[48]. - The company completed the application and advancement of 30 new corn varieties during the reporting period, with 2 varieties completing the national testing process and 4 varieties completing the provincial testing process[35]. - The company is focusing on innovation and upgrading its business model in response to increasing competition in the food industry[32]. Strategic Initiatives - The company aims to enhance its proprietary seed variety development and expand its operational scale in the seed industry[34]. - The company is committed to advancing digital agriculture and utilizing big data to improve market oversight in the seed industry[64]. - The company plans to actively utilize idle assets through disposal, leasing, and cooperation to improve asset utilization[68]. Social Responsibility - The company aims for a 10% increase in per capita net income for poverty alleviation households in 2020 compared to the previous year, with an estimated average income of 6,110 RMB per person[86]. - The company provided 4,200 RMB for insurance coverage for five poverty alleviation households, including protection against major diseases and natural disaster risks[88]. - The company received the Outstanding Contribution Award for Poverty Alleviation from the Gansu Provincial Listed Companies Association in April 2020[91]. Legal and Compliance - The company is involved in a lawsuit with Dunhuang Seed Industry against Jilin Ping An Seed Industry Co., Ltd. for a contract dispute, with a claim amount of 22,496,516.76 RMB[77]. - The company has not disclosed any major related party transactions during the reporting period[80]. - There are no significant litigation or arbitration matters reported for the year[79]. Governance and Management - The company has a diverse board of directors with varying ages and backgrounds, with total compensation for the chairman reported at 340,300 RMB[112]. - The management team consists of experienced professionals with backgrounds in agriculture, finance, and corporate governance, ensuring effective leadership[114]. - The company has established a fair and transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management, linking income to performance[126].

2021 年第一季度报告 公司代码：600354 公司简称：*ST 敦种 甘肃省敦煌种业集团股份有限公司 2021 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 9 | 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 公司负责人马宗海、主管会计工作负责人周秀华及会计机构负责人（会计主管人员）武兴旺保证季度报告 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 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 | 1,493,279,853.05 | 1,664,080,442.33 | | ...

2020 年第三季度报告 | 目录 | | --- | 甘肃省敦煌种业集团股份有限公司 2020 年第三季度报告 公司代码：600354 公司简称：*ST 敦种 1 / 27 2020 年第三季度报告 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 | 1,565,801,065. | 1,964,665,507.74 | | | -20.30 | | | 79 | | | | | | 归属于上市公司股东的净资 | 606,643,811.08 | 530,681,376.13 | | | 14.31 | | 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(%) | | | | （1-9 月） | （1-9 | 月） | | | | 经营活动产生的现金流量净 | 5,149,279.62 | 19,630,961.37 | | ...

Financial Performance - Net profit attributable to shareholders increased to CNY 74,291,683 from a loss of CNY 33,116,230 in the same period last year[7] - Operating revenue for the first nine months rose by 1.38% to CNY 694,260,038.85 compared to the same period last year[7] - The weighted average return on equity improved to 13.08% from -17.03% in the previous year[7] - Basic earnings per share improved to CNY 0.1408 from a loss of CNY 0.2078 in the previous year[7] - The company reported a net profit of CNY 96,810,021.93 from the disposal of non-current assets during the reporting period[9] - Net profit for the period was ¥62,406,208.07, a significant recovery from a loss of ¥142,773,580.23 in the previous year[17] - Investment income increased to ¥50,228,476.42 from a loss of ¥10,551,588.09 in the previous year[17] - The company reported a net loss of CNY -854,480,998.83 as of September 30, 2020, an improvement from the loss of CNY -928,772,681.93 in the previous year[27] - The company's net profit for Q3 2020 was approximately ¥101.7 million, a significant increase compared to a net loss of ¥39.9 million in Q3 2019[36] Cash Flow - Net cash flow from operating activities decreased by 73.77% to CNY 5,149,279.62 compared to the previous year[7] - The net cash flow from investment activities was CNY 151,200,013.74, a significant recovery from a negative cash flow of CNY 113,851,202.91 in the previous year[7] - Cash flow from operating activities decreased to ¥5,149,279.56 from ¥19,630,961.37 in the previous year[17] - Investment activities generated a net cash flow of approximately ¥151.20 million in Q3 2020, a substantial improvement compared to a negative cash flow of ¥113.85 million in Q3 2019[42] - The company reported a net cash outflow from financing activities of ¥78.01 million in Q3 2020, an improvement from a net outflow of ¥110.19 million in Q3 2019[43] Assets and Liabilities - Total assets decreased by 20.30% to CNY 1,565,801,065 compared to the end of the previous year[7] - The company's current assets totaled CNY 952,915,878.10, down from CNY 1,084,634,238.89 in the previous year, indicating a decrease of about 12.1%[25] - Total liabilities decreased significantly, with accounts payable down by 79.29% to ¥42,699,494.43 from ¥206,185,357.03[14] - The total liabilities decreased to CNY 961,462,745.23 from CNY 1,416,364,978.01, a decline of about 32.1%[26] - The company's equity attributable to shareholders increased to CNY 606,643,811.08 from CNY 530,681,376.13, representing an increase of approximately 14.3%[27] - The total assets as of Q3 2020 amounted to ¥1,357,275,771.16, slightly up from ¥1,342,464,400.45 at the end of Q3 2019[31] - Total liabilities decreased to ¥772,181,633.52 in Q3 2020 from ¥822,022,899.71 in Q3 2019, a reduction of about 6.1%[31] Shareholder Information - The total number of shareholders reached 43,448 by the end of the reporting period[11] Research and Development - R&D expenses decreased by 23.19% to ¥3,828,836.94 from ¥4,984,792.57 due to delays caused by the pandemic[17] - Research and development expenses for Q3 2020 were ¥1,019,907.24, down from ¥1,888,512.07 in Q3 2019, reflecting a decrease of approximately 46%[35] Future Outlook - The company completed the asset divestiture as approved in the board meeting on August 31, 2020, which is expected to positively impact future financial performance[21] - The company received approval for a non-public issuance of A-shares, which is anticipated to enhance its capital structure and support future growth initiatives[21] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[40]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 499 million, representing a 9.50% increase compared to CNY 456 million in the same period last year[19]. - The net profit attributable to shareholders of the listed company was a loss of approximately CNY 31.85 million, an improvement from a loss of CNY 81.73 million in the previous year[19]. - The net cash flow from operating activities was negative at approximately CNY 92.54 million, compared to a negative CNY 35.29 million in the same period last year[19]. - Basic earnings per share for the first half of 2020 were -CNY 0.0603, an improvement from -CNY 0.1548 in the same period last year[21]. - The weighted average return on net assets was -6.19%, improving from -12.42% in the previous year[21]. - The total operating revenue for the company was approximately ¥499 million, representing a 9.50% increase year-on-year[33]. - The operating cost decreased by 1.26% to approximately ¥423 million compared to the previous year[33]. - The company reported a significant reduction in prepaid accounts by 33.48% to ¥69,374,026.09 from ¥104,297,286.85, primarily due to the receipt of procurement invoices[35]. - The company reported a revenue of 20,000.00 million with a decrease of 30.47% compared to the previous period[42]. - The company reported a net loss of CNY 960,620,120.98, compared to a loss of CNY 928,772,681.93 in the previous period, indicating a worsening of approximately 3.43%[96]. Revenue Breakdown - The company's seed industry revenue accounted for 23.84% of total revenue, while the food and trade segment contributed 74.17%[26]. - During the reporting period, the seed industry revenue increased by 74.96% compared to the previous year[30]. - The revenue from the production and sales of corn seeds was 6,246.96 million, showing a significant decline of 664.02 million[42]. - The company achieved a revenue of 4,386.00 million from fruit and vegetable processing, which is an increase of 241.85 million[42]. - The revenue from seed production and sales reached 13,000.00 million, reflecting a decrease of 518.91 million[42]. - The revenue from agricultural product sales and logistics services was 20,306.95 million, down by 525.53 million[43]. - The revenue from cotton and related products reached 807.62 million, showing an increase of 31.07%[44]. Cash Flow and Liquidity - The net cash flow from operating activities was approximately -¥93 million, a significant decline compared to -¥35 million in the previous year[33]. - The company reported a significant decrease in cash and cash equivalents, with restricted cash amounting to ¥3,666,173.56[36]. - The ending cash and cash equivalents balance was 283,167,313.43 RMB, down from 305,778,795.92 RMB at the end of the first half of 2019[111]. - The company reported a significant increase in cash received from investment income, totaling 74,852,582.67 RMB in the first half of 2020[113]. - The net increase in cash and cash equivalents for the period was -116,096,363.89 CNY, resulting in an ending balance of 14,033,317.30 CNY[114]. Assets and Liabilities - The company's accounts receivable increased by 50.00% to ¥293,699,450.16, compared to ¥195,796,075.22 in the previous period, primarily due to slow sales collection during the reporting period[35]. - The company's total current assets amounted to ¥1,001,389,971.75, a decrease from ¥1,084,634,238.89 as of December 31, 2019, representing a decline of approximately 7.66%[94]. - The company's total liabilities decreased to CNY 1,346,506,407.74 from CNY 1,416,364,978.01, a decline of about 4.91%[96]. - The total equity attributable to shareholders was CNY 498,833,937.08, down from CNY 530,681,376.13, representing a decrease of approximately 6.00%[96]. - The total amount of guarantees provided by the company, including those to subsidiaries, is 19.5 million RMB, which represents 36.75% of the company's net assets[64]. Strategic Focus and Future Plans - The company is focusing on developing proprietary seed varieties and expanding production areas for competitive corn varieties[30]. - The company plans to publicly sell the overall assets of its Ningxia Seed Branch with a minimum valuation of ¥104,185,700[39]. - The company plans to expand its agricultural technology services and product offerings in the future[44]. - The company is actively involved in the research and promotion of crop seed varieties, with a revenue of 6,878.00 million[44]. - The company has committed to achieving stable poverty alleviation for all registered impoverished households in Jinqiu Village by 2020, aligning with provincial and national goals[65]. Risks and Challenges - The company has detailed potential risks in the discussion and analysis section of the report, which investors should review[7]. - The company reported a significant risk in the seed industry due to intense market competition and challenges in seed sales, particularly affected by the ongoing COVID-19 pandemic in major markets like Europe and the United States[46]. - The company has a historical issue with high accounts receivable and large idle assets, which it aims to address through effective measures to recover receivables and reduce inventory[47]. - The company emphasizes the need to closely monitor market changes and expand domestic sales channels to mitigate risks in the food trade sector[46]. Legal Matters - The company is involved in several significant lawsuits, including a claim for 22,496,516.76 RMB related to a contract dispute with Jilin Ping An Seed Industry Co., Ltd.[56]. - Another lawsuit involves a claim of 41,584,721.27 RMB from Urumqi Land Port International Trade Co., Ltd. regarding a sales contract dispute[56]. - The company is also facing a lawsuit for 49,567,215.20 RMB from Shanghai Shangrong Supply Chain Management Co., Ltd. over a sales contract dispute[56]. Corporate Governance - The company has renewed its audit engagement with Da Xin Accounting Firm for the 2020 financial year[55]. - The company has not disclosed any significant accounting errors that require retrospective restatement during the reporting period[80]. - The company has not reported any changes in the controlling shareholder or actual controller during the reporting period[87]. - The company has not made any changes to its total shares and capital structure during the reporting period[82].

2020 年第一季度报告 公司代码：600354 公司简称：*ST 敦种 甘肃省敦煌种业集团股份有限公司 2020 年第一季度报告 1 / 24 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 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 | 1,840,559,022.79 | 1,964,665,507.74 | -6.32 | | 归属于上市公司 | 523,411,082.52 | 530,681,376.13 | -1.37 | | 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 | -44,025,389.99 | -97,325,673.12 | 不适用 | | 现金流量 ...