Financial Performance - The company's operating revenue for Q1 2024 was CNY 93,525,228.84, representing a year-on-year increase of 9.46%[4] - The net profit attributable to shareholders was CNY 34,578,742.51, showing a slight increase of 0.15% compared to the same period last year[4] - Net profit for Q1 2024 was CNY 38,046,792.08, slightly down from CNY 38,397,175.53 in Q1 2023, representing a decrease of 0.9%[19] - In Q1 2024, the company reported a net profit of ¥3,366,296.34, a significant increase from a net loss of ¥294,777.27 in Q1 2023, marking a turnaround in performance[30] - Operating profit for Q1 2024 was ¥3,366,296.34, compared to an operating loss of ¥294,777.27 in the same period last year[30] Cash Flow - The net cash flow from operating activities decreased significantly by 325.93%, amounting to -CNY 55,070,953.62, primarily due to a reduction in advance payments for seeds[6] - Cash flow from operating activities for Q1 2024 was negative at -55,070,953.62 RMB, compared to -12,929,688.85 RMB in Q1 2023, indicating a significant decline in operational cash flow[22] - The company achieved a net cash flow from operating activities of ¥3,336,596.75 in Q1 2024, recovering from a negative cash flow of ¥269,451.85 in Q1 2023[34] Assets and Liabilities - Total assets at the end of Q1 2024 were CNY 898,094,129.85, down 4.24% from the end of the previous year[5] - The company's total assets decreased to CNY 898,094,129.85 in Q1 2024 from CNY 937,875,209.93 in Q1 2023, a decline of 4.2%[14] - Total liabilities decreased to CNY 225,658,085.98 in Q1 2024 from CNY 303,485,958.13 in Q1 2023, a reduction of 25.7%[14] - The total liabilities as of March 31, 2024, were 932,126.47 RMB, down from 991,787.96 RMB at the end of 2023[27] Shareholder Information - The equity attributable to shareholders increased by 5.96% to CNY 614,306,645.05 compared to the end of the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 35,939[8] - The largest shareholder, Wanxiang San Nong Group Co., Ltd., holds 48.76% of the shares, totaling 142,650,135 shares[9] Earnings and Expenses - Basic earnings per share for the quarter were CNY 0.12, unchanged from the previous year[4] - Basic and diluted earnings per share remained stable at CNY 0.118 in both Q1 2024 and Q1 2023[19] - R&D expenses increased to CNY 2,199,994.48 in Q1 2024 from CNY 1,691,015.00 in Q1 2023, marking a growth of 30.0%[18] - The company reported a financial expense of CNY -6,141,484.61 in Q1 2024, compared to CNY -1,288,527.24 in Q1 2023, indicating a significant increase in financial costs[18] - The financial expenses for Q1 2024 were reported at -¥3,793,898.45, a notable increase from -¥2,356.16 in Q1 2023, indicating higher interest costs[30] Government Support - The company received government subsidies amounting to CNY 512,959.05, which are expected to have a continuous impact on profits[6] - The company received tax refunds of ¥85,173.12 in Q1 2024, compared to ¥11,065.15 in Q1 2023, reflecting improved cash flow management[34] Investment Performance - Investment income for Q1 2024 was CNY 15,600,000.00, down from CNY 20,150,000.00 in Q1 2023, a decrease of 22.5%[18] - The company recorded investment income of ¥72,000,000.00 in Q1 2024, up from ¥45,000,000.00 in Q1 2023, indicating strong investment performance[34]

万向德农股份有限公司 2023 年度股东大会会议材料 万向德农股份有限公司 2023 年度股东大会会议材料 | 网络投票时间：2024 年 5 月 15：00— | | | 9 | 日 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 2024 | 年 | 5 | 月 | 10 | 日 | 15：00 | | | | 现场会议时间：2024 年 5 月 | | | | 10 | 日 | 14：00 | | | | 现场会议地点：浙江省杭州市拱墅区环城北路 | | | | | | | 308 | 号 | | 杭州纳德世家四楼文源阁会议厅 | | | | | | | | | 1 | 万向德农股份有限公司 2023 年度股东大会会议议程 4 | | --- | | 万向德农股份有限公司 2023 年度股东大会注意事项 5 | | 议案 1： 7 | | 关于《公司 2023 年度董事会工作报告（草案）》的议案 7 | | 议案 2 12 | | 关于《公司 2023 年度监事会工作报告》的议案 12 | | 议案 3 14 | | ...

关于万向德农股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 1、 专项审计报告 2、 附表 委托单位：万向德农股份有限公司 审计单位：中审众环会计师事务所（特殊普通合伙） 联系电话：027-86791215 电话 Tal: 027-86791219 海直 fax: 027-85424329 于万向德农股份有限公司 非经营性资金占用及其他关联资金往来情况汇总表 的专项审核报告 众环专字(2024)0100081 号 我们认为,后附汇总表所载资料与我们审计万向德农股份有限公司 2023年度财务报表 时所复核的会计资料和经审计的财务报表的相关内容,在所有重大方面没有发现不一致。 为了更好地理解万向德农公司 2023年度非经营性资金占用及其他关联资金往来情况, 后附汇总表应当与己审的财务报表一并阅读。 本审核报告仅供万向德农股份有限公司 2023年度年报披露之目的使用,不得用作任何 其师目 普通合伙) 中国注册会计师: 中国注册会计师: 2024年4月12日 中国-武汉 万向德农股份有限公司全体股东: 我们接受委托,在审计了万向德农股份有限公司(以下简称"万向德农公司")2023年 ...

内部控制审计报告 众环审字 (2024)0100319 号 万向德农股份有限公司全体股东: 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我们审计了万 向德农股份有限公司(以下简称"万向德农公司")2023年12月31日的财务报告内部控制 的有效性。 一、万向德农公司对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评价指引》 的规定,建立健全和有效实施内部控制,并评价其有效性是万向德农公司董事会的责任。 中国注册会计师: 合伙) 中审众 中国注册会计师: 中国·武汉 2024年4月12日 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的有效性发表审计意见, 并对注意到的非财务报告内部控制的重大缺陷进行披露。 三、内部控制的固有局限性 内部控制具有固有局限性,存在不能防止和发现错报的可能性。此外,由于情况的变化 可能导致内部控制变得不恰当,或对控制政策和程序遵循的程度降低,根据内部控制审计结 果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意见 我们认为,万向德农股份有限公司于 2023年 12月 31 日 ...

证券代码：600371 证券简称：万向德农 公告编号：2024—003 万向德农股份有限公司 第九届监事会第十七次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容的 真实性、准确性和完整性承担法律责任。 万向德农股份有限公司第九届监事会第十七次会议通知于 2024 年 3 月 31 日以电子通讯 方式发出，于 2024 年 4 月 12 日以通讯方式召开，公司监事 3 人，实到监事 3 人。会议由监 事长龚静艳主持，本次会议符合《公司法》和《公司章程》的有关规定，会议合法有效。经 充分讨论，会议最终形成如下决议： 1、审议通过了《公司 2023 年年度报告全文及摘要》的议案 表决结果：赞成票 3 票，反对票 0 票，弃权票 0 票 公司监事会对公司 2023 年度报告进行全面审核后认为： （1）公司 2023 年年度报告的编制和审议程序符合相关法律、法规、公司章程和公司内部 管理制度的相关规定； （2）公司 2023 年年度报告的内容和格式符合中国证监会和上海证券交易所的规定，所包 含的信息能够真实地反映公司 2023 年度的经营管理情况和财务状况。 （ ...

万向德农股份有限公司董事会审计委员会 对中审众环会计师事务所（特殊普通合伙） 履行监督职责情况的报告 根据《公司法》、《证券法》、《上市公司治理准则》、《国有企业、上市公司选 聘会计师事务所管理办法》、《公司章程》相关规定和要求，公司董事会审计委员 会（以下简称"审计委员会"）本着勤勉尽责的原则，恪尽职守，认真履职，现 将董事会审计委员会对中审众环会计师事务所（特殊普通合伙）（以下简称"中 审众环"） 2023 年度履职评估及履行监督职责的情况汇报如下： 一、2023 年年审会计师事务所基本情况 （一）会计师事务所基本情况 中审众环始创于 1987 年，是全国首批取得国家批准具有从事证券、期货相 关业务资格及金融业务审计资格的大型会计师事务所之一。根据财政部、证监会 发布的从事证券服务业务会计师事务所备案名单，中审众环具备股份有限公司发 行股份、债券审计机构的资格。2013 年 11 月，按照国家财政部等有关要求转制 为特殊普通合伙制。 中审众环注册地址为湖北省武汉市武昌区水果湖街道中北路166号长江产业 大厦 17-18 楼，首席合伙人石文先。中审众环截止 2023 年末合伙人数量 216 人、 注册会计师 ...

关于万向德农股份有限公司 在万向财务有限公司存贷款业务情况的专项审核报告 众环专字(2024)0100082 号 万向德农股份有限公司全体股东: 按照《上海证券交易所上市公司自律监管指引第5号 -- 交易与关联交易》的规定,编 制和披露汇总表,提供真实、合法、完整的审核证据,是万向德农公司管理层的责任。 二、注册会计师的责任 我们的责任是在执行审核工作的基础上对汇总表发表专项审核意见。我们按照中国注册 会计师审计准则的相关规定执行了审核工作。中国注册会计师审计准则要求我们遵守中国注 册会计师职业道德守则,计划和执行审核工作以对汇总表是否不存在重大错报获取合理保 证。在审核过程中,我们实施了包括检查会计记录、重新计算相关项目金额等我们认为必要 的程序。我们相信,我们的审核工作为发表审核意见提供了合理的基础。 三、审核情况 经审核,《万向德农股份有限公司 2023 年度在万向财务有限公司存贷款业务情况汇总 表》已在所有重大方面按照《上海证券交易所上市公司自律监管指引第 5 号 -- 交易与关联 交易》的有关要求编制。 为了更好地理解万向德农股份有限公司 2023 年度在万向财务有限公司存贷款业务情 的财务报表一并 ...

万向德农股份有限公司 关于 2023 年度会计师事务所履职情况评估的报告 万向德农股份有限公司（以下简称"公司"或"本公司"）聘请中审众环会 计师事务所（特殊普通合伙）（以下简称"中审众环"）作为公司 2023 年度审计机 构。根据财政部及证监会颁布的《国有企业、上市公司选聘会计师事务所管理办 法》等法律法规的要求，公司对中审众环在 2023 年度审计过程中的履职情况进 行了评估。经评估，公司认为，中审众环在资质等方面合规有效，履职能够保持 独立性，勤勉尽责，具体情况如下： 一、资质条件 中审众环始创于 1987 年，是全国首批取得国家批准具有从事证券、期货相 关业务资格及金融业务审计资格的大型会计师事务所之一。根据财政部、证监会 发布的从事证券服务业务会计师事务所备案名单，中审众环具备股份有限公司发 行股份、债券审计机构的资格。2013 年 11 月，按照国家财政部等有关要求转制 为特殊普通合伙制。中审众环注册地址为湖北省武汉市武昌区水果湖街道中北路 166 号长江产业大厦 17-18 楼，首席合伙人石文先。中审众环截止 2023 年末合伙 人数量 216 人、注册会计师数量 1,244 人、签署过证券服务 ...

Financial Performance - In 2023, the company's operating revenue reached CNY 319,298,968.77, representing a year-on-year increase of 35.89% compared to CNY 234,971,654.64 in 2022[19]. - The net profit attributable to shareholders of the listed company was CNY 65,290,445.10, a decrease of 9.28% from CNY 71,972,825.08 in the previous year[19]. - Basic earnings per share for 2023 were CNY 0.22, down 12.00% from CNY 0.25 in 2022[20]. - The weighted average return on equity decreased by 1.71 percentage points to 11.33% in 2023 from 13.04% in 2022[20]. - The company reported a net cash flow from operating activities of CNY 55,002,978.43, a decrease of 1.91% from CNY 56,073,030.64 in the previous year[19]. - The main business profit was 108,717,700 yuan, showing a slight decline of 0.43% year-on-year[48]. - The total revenue for the reporting period reached 319.30 million yuan, exceeding the target of 295 million yuan, with a year-on-year growth attributed to price increases of certain varieties[70]. - The company reported a total profit of ¥72,485,290.37 for 2023, down from ¥79,680,972.67 in 2022, reflecting a decline of 9.1%[177]. Assets and Liabilities - The total assets of the company increased by 4.41% to CNY 937,875,209.93 at the end of 2023, compared to CNY 898,255,742.37 at the end of 2022[19]. - The net assets attributable to shareholders of the listed company at the end of 2023 were CNY 579,727,902.54, an increase of 1.17% from CNY 573,023,967.44 at the end of 2022[19]. - Current liabilities rose to CNY 298,119,750.28 in 2023, up from CNY 264,540,934.25 in 2022, indicating an increase of about 12.7%[168]. - Total liabilities increased to CNY 303,485,958.13 in 2023, compared to CNY 269,757,392.05 in 2022, reflecting a growth of approximately 12.5%[169]. - Owner's equity reached CNY 634,389,251.80 in 2023, up from CNY 628,498,350.32 in 2022, showing a slight increase of about 0.14%[169]. Research and Development - The company is actively involved in the research and development of hybrid corn seeds, with a focus on varieties such as "Jingke 968" and "Deshan series"[42]. - The company maintained a stable R&D expenditure of 14,169,237.84 yuan, a decrease of 2.59% compared to the previous year[52]. - Research and development (R&D) expenses amounted to 14.17 million yuan, representing 4.44% of total revenue, with no capitalized R&D expenditures[60][62]. - The company conducted significant R&D in five areas, including conventional corn breeding and transgenic collaborations, with 53 varieties participating in national/provincial trials[62][63]. Market and Sales - The company sold 16.33 million kilograms of corn seeds in 2023, representing a growth of 3.06% compared to the previous year[28]. - The hybrid seed production area increased by 22.47% to 44,700 acres in 2023[27]. - The company implemented a strategy of product differentiation, focusing on high-quality seeds with high germination rates and purity[28]. - The company is focusing on value marketing, transitioning from price-based sales to enhancing service and technical support for farmers[50]. - The company plans to continue expanding its market presence and enhancing its product offerings through innovation and strategic partnerships[50]. Governance and Compliance - The company strictly adhered to the regulations regarding insider information management, ensuring no leaks occurred during the reporting period[91]. - The company has not engaged in any related party transactions that would affect its independence[92]. - The company has established several specialized committees, including the Audit Committee and the Strategic Committee, to enhance governance[105]. - The company’s board of directors and supervisory board reports were approved, reflecting strong governance practices[92]. Risks and Challenges - The company faces risks from policy changes, natural disasters, product development uncertainties, market fluctuations, and financial volatility, which could impact production and sales[77][78][79]. - To mitigate product development risks, the company will continue to focus on independent and collaborative research while enhancing its tracking and technical service systems[79][80]. - The seed industry is characterized by cyclical trends, with fluctuations in crop prices affecting seed sales in subsequent years[38]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 2 per 10 shares, amounting to a total of CNY 58,515,600.00 based on a total share capital of 292,578,000 shares[5]. - The total dividend amount (including tax) is 58,515,600.00 RMB, which also accounts for 89.62% of the net profit attributable to shareholders[117]. - The company’s cash dividend policy is clearly defined and complies with the requirements of the articles of association and shareholder resolutions[115]. Employee and Workforce - The total number of employees in the company and its main subsidiaries is 207, with 49 in production, 57 in sales, and 26 in technical roles[109]. - The company has conducted various training programs to enhance employee skills in financial management, logistics, production technology, and corporate management[111]. - The company employed 26 R&D personnel, making up 12.56% of the total workforce, with a focus on enhancing breeding speed and purity through advanced techniques[61]. Financial Management - Financial risk management will involve strict budget management, improved cash flow through advance payments, and maintaining good relationships with financial institutions[82]. - The company has confirmed that there are no significant related party transactions among the top shareholders[147]. - The financial statements have been audited and reflect the company's financial position as of December 31, 2023, in accordance with accounting standards[156].

| | | | | | 二、风险评估说明………………………………………………………第 3—6 页 关于万向财务有限公司的 风险评估报告 天健审〔2024〕86 号 万向财务有限公司全体股东： 我们审核了后附的万向财务有限公司（以下简称万向财务公司）管理层对 2023 年 12 月 31 日与其经营资质、业务和风险状况相关的风险评估说明（以下 简称风险评估说明）。 一、对报告使用者和使用目的的限定 我们的责任是在实施鉴证工作的基础上对万向财务公司管理层编制的风险 评估说明独立地提出鉴证结论。 本报告仅供报送证券交易所审核使用，不得用作任何其他目的。 二、管理层的责任 万向财务公司管理层的责任是建立健全内部控制并保持其有效性，同时按照 《企业集团财务公司管理办法》及相关规定编制风险评估说明。 三、注册会计师的责任 四、工作概述 我们按照《中国注册会计师其他鉴证业务准则第 3101 号——历史财务信息 审计或审阅以外的鉴证业务》的规定执行了鉴证业务。上述规定要求我们计划和 实施鉴证工作，以对鉴证对象信息是否不存在重大错报获取合理保证。在鉴证过 程中，我们实施了包括了解、测试等我们认为必要的程序。我们相信，我们的鉴 ...