Financial Performance - The company's operating revenue for Q1 2022 was ¥671,748,907.35, representing an increase of 4,668.63% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was a loss of ¥8,146,898.63, with a basic earnings per share of -¥0.055[5][6]. - Total operating revenue for Q1 2022 reached ¥671,748,907.35, a significant increase from ¥14,086,846.35 in Q1 2021, representing a growth of approximately 4,676%[22]. - The net profit for Q1 2022 was a loss of ¥8,146,898.63, worsening from a loss of ¥1,741,388.37 in Q1 2021[23]. - The basic and diluted earnings per share for Q1 2022 were both -¥0.055, compared to -¥0.012 in Q1 2021, indicating a decline in shareholder value[24]. Assets and Liabilities - Total assets decreased by 29.04% from the end of the previous year, amounting to ¥2,578,140,651.25[6]. - The company's total assets as of March 31, 2022, amounted to CNY 2.58 billion, a decrease from CNY 3.61 billion at the end of 2021[17]. - The company's current liabilities totaled CNY 964.23 million, down from CNY 1.99 billion in the previous period[18]. - The accounts receivable increased to CNY 308.10 million from CNY 190.83 million year-over-year[17]. - The inventory stood at CNY 330.42 million, slightly up from CNY 326.39 million[17]. - The company's cash and cash equivalents decreased significantly to CNY 249.42 million from CNY 1.43 billion[16]. - The company reported a significant increase in contract liabilities to CNY 55.52 million from CNY 15.33 million[18]. - The long-term borrowings remained stable at CNY 646 million, unchanged from the previous period[18]. Cash Flow - Cash flow from operating activities was ¥5,840,013.29, with no applicable comparison data[5]. - The cash flow from operating activities generated a net inflow of ¥5,840,013.29 in Q1 2022, compared to a net outflow of ¥1,388,779.22 in Q1 2021[27]. - The net cash flow from financing activities was 8,543,913.90 CNY[28]. - Cash and cash equivalents decreased by 20,916,784.89 CNY during the period[28]. - The ending balance of cash and cash equivalents was 249,422,274.74 CNY[28]. - The beginning balance of cash and cash equivalents was 270,339,059.63 CNY[28]. - The company repaid debts amounting to 40,000,000.00 CNY[28]. - Dividends and interest payments totaled 10,394,419.43 CNY[28]. - The impact of exchange rate changes on cash and cash equivalents was -36,862.50 CNY[28]. Expenses and Financial Charges - Total operating costs for Q1 2022 were ¥677,386,037.93, compared to ¥15,956,367.18 in Q1 2021, indicating a rise of about 4,143%[22]. - The company experienced a significant increase in financial expenses, up 10,326.93%, due to interest payments on bank loans[11]. - The company reported interest expenses of ¥23,327,980.77 in Q1 2022, while interest income was ¥734,382.51, leading to a net interest expense[23]. Research and Development - Research and development expenses increased by 100.00%, reflecting the impact of the merger[11]. - Research and development expenses for Q1 2022 amounted to ¥5,805,379.59, compared to zero in Q1 2021, indicating a new focus on innovation[22]. Other Information - The company reported non-recurring gains and losses totaling ¥888,331.96, primarily from government subsidies and interest income from receivables[9]. - The company faced increased production costs due to rising international crude oil prices and disruptions caused by the COVID-19 pandemic[15]. - The company has not disclosed any new product developments or market expansion strategies in the current report[15]. - The report was released on July 26, 2022[28]. - The financial report was prepared by the accounting team led by Yang Jinsong[28].

证券代码：600506 证券简称：香梨股份 公告编号：临 2022-33 号 新疆库尔勒香梨股份有限公司 关于参加 2022 年新疆辖区投资者网上集体接待日暨 上市公司业绩说明会活动的公告 本公司董事会及全体董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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、 融资计划、股权激励、可持续发展等投资者所关心的问题，新疆库尔勒香 梨股份有限公司（以下简称公司）定于 2022 年 6 月 24 日参加由新疆上市 公司协会联合深圳市全景网络有限公司组织开展的 2022 年新疆辖区上市 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在深圳市全景网络有限公司提供的网上平台， 采取网络远程的方式举行，投资者可以登录全景网"投资者关系互动平台" 网站（http://ir.p5w.net/）或关注微信公众号：全景财经（微信号： p5w2012），参与公司本次投资者集体接待日活动，活动时间为 2022 年 6 月 24 日（星期五）下午 15:20-17:30。 出席本次集体接待 ...

Financial Performance - The net profit attributable to shareholders for 2021 was -35.93 million RMB, with an undistributed profit of -163.29 million RMB at the end of the reporting period[5]. - The company plans not to distribute profits or increase capital reserves for the 2021 fiscal year[5]. - The company's operating revenue for 2021 was approximately ¥349.54 million, a 194.76% increase compared to ¥118.58 million in 2020[22]. - The net profit attributable to shareholders was a loss of approximately ¥35.93 million, a decrease of 906.67% from a profit of ¥4.45 million in 2020[22]. - The company reported a net cash flow from operating activities of approximately -¥7.97 million, worsening from -¥5.55 million in 2020[22]. - The total assets at the end of 2021 were approximately ¥3.61 billion, a significant increase of 1,103.21% from ¥300.36 million in 2020[22]. - The basic earnings per share for 2021 was -¥0.2433, a decrease of 911.00% from ¥0.030 in 2020[23]. - The weighted average return on equity was -13.79% for 2021, down from 1.61% in 2020[23]. - The company achieved operating revenue of CNY 349.54 million in 2021, with a core operating revenue of CNY 289.33 million after excluding unrelated business income[174]. - The total revenue for the year 2021 was reported at 114.73 million, reflecting a significant growth compared to previous periods[104]. Acquisitions and Business Expansion - The company completed the acquisition of 100% equity in Unified Petrochemical, which added approximately ¥161.05 million in revenue from lubricating oil research, production, and sales[33]. - The company completed a significant asset acquisition, establishing a "dual main business" model focusing on the cultivation, processing, and sales of Kuerle fragrant pears and other Xinjiang specialty dried fruits, alongside the R&D, production, and sales of lubricants[37]. - Unified Petrochemical's consolidated revenue for 2021 amounted to 161.05 million yuan, reflecting its significant market presence[39]. - The company completed the acquisition of 100% equity in Unified Petrochemical and its subsidiaries, enhancing its business scope to include the production and sales of lubricants and greases[76]. - The company has expanded its management team with experienced professionals from various sectors, enhancing its operational capabilities[105]. - The company plans to issue up to 44,312,061 A shares, raising a maximum of CNY 307.08 million to enhance liquidity and support business expansion[41]. Risk Management and Compliance - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures for providing guarantees to external parties[7]. - The company faces risks from macroeconomic fluctuations and intensified market competition in the fruit and petrochemical sectors[85]. - The company intends to improve its internal control systems and enhance governance levels to maintain stable operations[82]. - The company has implemented measures to strengthen investor relations and ensure transparent information disclosure, including hosting investor meetings and utilizing various communication channels[95]. - The company has committed to maintaining transparency and accountability in its operations and financial reporting[164]. Environmental and Social Responsibility - The company has implemented a low-nitrogen burner in its gas boiler, ensuring emissions meet the local standards for air pollutants in Beijing[131]. - All hazardous waste generated by the company is stored in a designated hazardous waste storage facility and is regularly handled by a qualified company[131]. - The company has established emergency response plans for environmental incidents, which have been filed with the ecological environment bureau[134]. - The company adheres to national laws and regulations, actively fulfilling its social responsibilities while promoting sustainable development[138]. - The company emphasizes employee rights and has implemented mechanisms to ensure fair labor practices and benefits[140]. - The company was recognized as a "state-level spiritual civilization unit" in March 2021, enhancing its brand image and social reputation[142]. Governance and Management - The board of directors and supervisory board confirm the authenticity, accuracy, and completeness of the annual report[9]. - The company has established specialized committees, including an audit committee and a remuneration and assessment committee[112]. - The company has no reported penalties from securities regulatory agencies in the last three years[109]. - The company has maintained the independence of Unified Petrochemical's management team post-acquisition, ensuring stability in operations[125]. - The company has committed to providing accurate and complete information for the transaction, ensuring no false records or misleading statements[160]. Future Outlook and Strategic Initiatives - Future outlook indicates a focus on market expansion and the development of new products and technologies to drive growth[106]. - The company is actively pursuing strategic partnerships and potential acquisitions to strengthen its market position[106]. - The company plans to enhance its operational efficiency through improved management practices and technology integration[105]. - The company aims to leverage its existing assets to maximize shareholder value in the long term[106]. - The company is focused on strengthening internal resource integration and establishing effective governance mechanisms post-acquisition[82].

Financial Performance - The company's operating revenue for Q1 2022 was ¥671,748,907.35, representing an increase of 4,668.63% compared to the same period last year[5]. - The net profit attributable to shareholders of the listed company was -¥8,146,898.63, indicating a significant loss[5]. - The net loss for Q1 2022 was CNY 8.15 million, compared to a net loss of CNY 1.74 million in Q1 2021, reflecting a worsening financial performance[18]. - The company's financial expenses in Q1 2022 amounted to CNY 22.69 million, with interest expenses specifically at CNY 23.33 million[18]. - The weighted average return on net assets was -3.42% for the reporting period[6]. Assets and Liabilities - Total assets at the end of the reporting period were ¥2,578,140,651.25, a decrease of 29.04% from the end of the previous year[6]. - The total assets as of March 31, 2022, were CNY 2.58 billion, down from CNY 3.61 billion at the end of 2021[15]. - The total liabilities as of March 31, 2022, were CNY 2.34 billion, a decrease from CNY 3.37 billion at the end of 2021[15]. - The company's cash and cash equivalents as of March 31, 2022, were CNY 249.42 million, a significant drop from CNY 1.43 billion at the end of 2021[14]. Cash Flow - The net cash flow from operating activities was ¥5,840,013.29, with no comparative data available[5]. - In Q1 2022, the company generated cash inflows from operating activities amounting to ¥722,769,137.97, a significant increase from ¥18,247,893.88 in Q1 2021, representing a growth of approximately 3,867%[19]. - The net cash flow from operating activities for Q1 2022 was ¥5,840,013.29, compared to a negative cash flow of ¥1,388,779.22 in Q1 2021, indicating a turnaround in operational performance[19]. - The total cash and cash equivalents decreased by ¥1,180,916,784.89 in Q1 2022, compared to a decrease of ¥2,675,037.30 in Q1 2021, indicating improved cash management despite the overall decline[19]. Revenue and Costs - The company's total operating revenue for Q1 2022 was CNY 671.75 million, a significant increase from CNY 14.09 million in Q1 2021[18]. - The total operating costs for Q1 2022 were CNY 677.39 million, compared to CNY 15.96 million in Q1 2021, indicating a substantial rise in costs[18]. - The company received ¥687,503,174.84 from sales of goods and services in Q1 2022, a dramatic increase from ¥17,983,103.29 in Q1 2021, showcasing strong revenue growth[19]. - The company paid ¥551,251,618.67 for goods and services in Q1 2022, up from ¥17,154,964.72 in Q1 2021, reflecting increased operational scale[19]. Investments and Other Activities - The company reported cash outflows from investment activities totaling ¥1,241,517,625.59 in Q1 2022, compared to ¥1,286,258.08 in the same period last year, reflecting a substantial investment strategy[19]. - The company reported a cash inflow of ¥46,102,054.59 from investment recoveries in Q1 2022, with no such inflows in Q1 2021, indicating successful investment management[19]. - The company’s cash outflow for other investment activities was ¥1,160,000,000.00 in Q1 2022, highlighting significant capital allocation towards growth initiatives[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 9,394[10]. - In Q1 2022, the consolidated net profit of the subsidiary Unification Petrochemical was CNY 15.23 million, while the company's consolidated net profit was CNY -8.15 million due to interest expenses from acquisition loans and shareholder borrowings[12]. Accounting Practices - The company did not apply new accounting standards in 2022, maintaining consistency in financial reporting practices[20].

Financial Performance - The company's operating revenue for Q3 2021 was CNY 26,455,103.74, an increase of 799.24% compared to the same period last year[4]. - The net profit attributable to shareholders was a loss of CNY 3,501,896.35, representing a decrease of 168.24% year-on-year[4]. - The basic and diluted earnings per share were both CNY -0.024, a decrease of 169.01% compared to the previous year[5]. - The company's operating revenue for the first three quarters of 2021 reached CNY 113,014,783.08, a significant increase from CNY 12,567,749.00 in the same period of 2020, representing a growth of approximately 800%[18]. - The net profit for the first three quarters of 2021 was a loss of CNY 7,203,187.91, compared to a profit of CNY 10,556,080.37 in the same period of 2020, indicating a decline in profitability[19]. - The company reported a gross profit margin of approximately 0.54% for the first three quarters of 2021, down from a higher margin in the previous year, indicating challenges in cost management[18]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 291,883,879.26, a decrease of 2.82% from the end of the previous year[5]. - The total assets as of September 30, 2021, amounted to CNY 291,883,879.26, down from CNY 300,357,065.76 at the end of 2020, reflecting a decrease of about 2%[16]. - The company's total liabilities as of September 30, 2021, were CNY 20,566,862.92, a decrease from CNY 21,836,861.51 at the end of 2020, showing a reduction of approximately 5.8%[16]. - The company has experienced a significant increase in accounts receivable, which stood at CNY 36,778,033.84 as of September 30, 2021, compared to CNY 7,123,340.30 at the end of 2020, reflecting potential liquidity issues[15]. Cash Flow - The cash flow from operating activities was CNY -81,698,790.47 for the year-to-date[4]. - The company's cash flow from operating activities for the first three quarters of 2021 was a net outflow of CNY 81,698,790.47, compared to a net outflow of CNY 15,727,631.40 in the same period of 2020, indicating worsening cash flow conditions[22]. - The net cash flow from investing activities was -$2,285,461.04, indicating a significant outflow compared to the previous period's inflow of $7,608,137.77[23]. - The net increase in cash and cash equivalents for the period was -$83,984,251.51, a decline from the previous period's decrease of -$8,119,493.63[23]. - The ending balance of cash and cash equivalents was $4,833,413.68, down from $88,817,665.19 at the beginning of the period[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,314[9]. - The largest shareholder, Xinjiang Rongsheng Investment Co., Ltd., held 23.88% of the shares[9]. Future Plans and Challenges - The company is in the process of planning a major asset restructuring, with specific transaction amounts and valuations yet to be determined, indicating significant uncertainty in future operations[14]. - The company has submitted an application for a non-public issuance of A-shares, which is currently under review by the China Securities Regulatory Commission, with approval timelines remaining uncertain[12]. - The company plans to continue its market expansion efforts, although specific strategies and timelines have not been disclosed, indicating a focus on growth despite current financial challenges[14]. - The company expanded its sales channels and increased fruit sales, leading to a significant rise in sales volume[6]. - The weighted average return on net assets was -1.28%, a decrease of 6.40 percentage points compared to the previous year[5].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥86,559,679.34, a significant increase of 589.37% compared to ¥12,556,339.46 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was -¥3,701,291.56, representing a decrease of 130.08% from ¥12,303,850.90 in the previous year[18]. - The net cash flow from operating activities was -¥33,243,354.78, a decline of 2,114.01% compared to ¥1,650,607.29 in the same period last year[18]. - The total assets at the end of the reporting period were ¥294,131,689.66, down 2.07% from ¥300,357,065.76 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 1.33% to ¥274,818,912.69 from ¥278,520,204.25 at the end of the previous year[18]. - The basic earnings per share for the first half of 2021 was -¥0.025, a decrease of 130.12% compared to ¥0.083 in the same period last year[19]. - The weighted average return on net assets was -1.34%, down from 4.39% in the previous year[20]. - The company achieved a gross profit of 250.72 million yuan from its main business, despite an overall operating loss of 373.79 million yuan in the first half of 2021[34]. - The company reported a total of ¥438,281.23 in non-recurring gains and losses for the period[21]. Sales and Revenue - In the first half of 2021, the company sold 6,418.64 tons of fresh fruits, generating a revenue of 46.84 million yuan, and 2,246.49 tons of dried fruits, generating a revenue of 33.99 million yuan, resulting in a total revenue of 80.84 million yuan, an increase of 575.73% year-on-year[33]. - The company's total operating revenue for the first half of 2021 reached 86.56 million yuan, a significant increase of 589.37% compared to 12.56 million yuan in the same period last year[36]. - The company reported a significant increase in sales expenses by 72.81% due to higher logistics costs associated with fruit procurement and sales[36]. Assets and Liabilities - Cash and cash equivalents decreased by 39.61% to 53,635,385.37, accounting for 18.24% of total assets, primarily due to increased prepayments for goods and accounts receivable[39]. - Accounts receivable increased by 385.47% to 34,581,550.68, representing 11.76% of total assets, mainly due to higher sales volume of fruit[39]. - Prepaid accounts increased significantly by 1,318.67% to 7,670,535.98, accounting for 2.61% of total assets, attributed to increased prepayments for fruit purchases[39]. - Inventory decreased by 18.21% to 9,310,907.00, representing 3.17% of total assets, mainly due to a reduction in stock[39]. - Contract liabilities decreased by 20.62% to 4,591,908.69, accounting for 1.56% of total assets, primarily due to a reduction in customer prepayments[39]. - The total liabilities decreased to ¥19,312,776.97 from ¥21,836,861.51 at the end of 2020, showing a reduction of approximately 11.5%[84]. Market Challenges - The company faced challenges in the pear industry due to natural disasters and increased competition from other fruit varieties, impacting quality, yield, and sales prices[24]. - Increased competition in the fruit market, particularly for the Kuerle fragrant pear, poses significant pressure on future operating performance[43]. - Rising procurement and logistics costs due to climate impacts and the COVID-19 pandemic may adversely affect profitability[44]. - The company faces risks from macroeconomic fluctuations, which may impact operational performance despite measures to enhance service quality and internal management[42]. Strategic Plans - The company plans to issue up to 44,312,061 A shares, raising a total of no more than 307.08 million yuan to enhance its liquidity and market competitiveness[32]. - The company aims to diversify its product offerings by leveraging the agricultural resources of Xinjiang, including fresh fruits, dried fruits, and cotton, to reduce operational risks associated with a single product line[33]. - The company aims to leverage regional resource advantages to expand sales of other specialty agricultural products to mitigate delisting risks[51]. - The company is expanding its sales network by purchasing office space in Urumqi to enhance its logistics capabilities and market reach[30]. Governance and Compliance - The company announced the election of new board members, with Zhou Enhong appointed as Chairman and Li Gang as an independent director[55]. - There were no dividends or stock bonuses proposed for the half-year report, with no profit distribution or capital reserve transfer plans[57]. - The company confirmed that there were no significant changes in its environmental responsibilities or commitments during the reporting period[59]. - The company reiterated its commitment to maintaining independence from its controlling shareholders and ensuring the integrity of its financials and operations[61]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[63]. - The company has not disclosed any major litigation or arbitration matters during the reporting period[64]. - There were no significant related party transactions or major contracts that were not disclosed during the reporting period[67]. - The company has not reported any changes in its share capital structure during the reporting period[72]. - The company has not experienced any significant changes in the integrity status of its controlling shareholders or actual controllers during the reporting period[64]. Accounting and Financial Reporting - The financial statements are prepared in accordance with the Chinese Accounting Standards, ensuring a true and complete reflection of the company's financial status[98]. - The company recognizes revenue when control of goods is transferred to customers, which occurs upon receipt of signed delivery documents for fruit and cotton sales[181]. - Revenue from service provision is recognized based on the progress of completed services, with unconditional receivables recorded as accounts receivable[181]. - Government grants received are classified as either asset-related or income-related, with the latter directly impacting current profits or reducing related costs[184]. - Deferred tax assets and liabilities are recognized based on temporary differences between the book value and tax base of assets and liabilities[185]. - The company applies a straight-line method for recognizing rental expenses over the lease term for operating leases[187]. - The company has adopted the new leasing standards effective January 1, 2021, which requires lessees to recognize right-of-use assets and lease liabilities for all leases except short-term leases and low-value asset leases[195]. - The company will measure lease liabilities at the present value of lease payments, including fixed payments and amounts expected to be paid under purchase or termination options[189]. - The company will adjust the carrying amount of right-of-use assets when lease modifications occur, reflecting any changes in lease liabilities[191]. - The company has confirmed that the implementation of the new leasing standards will not have a significant impact on its financial statements[196].

股票代码：600506 股票简称：*ST 香梨 公告编号：临 2021—34 号 新疆库尔勒香梨股份有限公司关于参加 2021 年 新疆辖区上市公司投资者集体接待日活动的公告 本公司董事会及全体董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个别及连带责任。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资 计划、股权激励、可持续发展等投资者所关心的问题，公司定于 2021 年 6 月 18 日参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2021 年新 疆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在深圳市全景网络有限公司提供的网上平台，采取网 络远程的方式举行，投资者可以登录全景网 "投资者关系互动平台"网站 （http://ir.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012）， 参与公司本次投资者集体接待日活动，活动时间为 2021 年 6 月 18 日（星期五） 15:00—17:30。 出席本次集体接待日的人员有：公司常务副总经理王伟义先生、董事会秘书 ...

Financial Performance - Operating revenue for the period was CNY 14,086,846.35, representing an increase of 245.28% year-on-year[5] - Net profit attributable to shareholders of the listed company was CNY -1,741,388.37, a decrease of 185.72% compared to the same period last year[5] - Basic and diluted earnings per share were both CNY -0.012, a decrease of 185.71% year-on-year[5] - The company reported a net loss of CNY 1,741,388.37 for Q1 2021, compared to a net profit of CNY 2,031,473.66 in Q1 2020[18] - The cash flow from operating activities showed a net outflow of CNY 1,388,779.22, worsening from a net outflow of CNY 1,134,181.30 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were CNY 298,579,298.01, a decrease of 0.59% compared to the end of the previous year[5] - The total assets of the company as of March 31, 2021, were CNY 298,579,298.01, slightly down from CNY 300,357,065.76 at the end of 2020[15] - The total owner's equity was 278,520,204.25 RMB, with an accumulated deficit of -127,361,374.82 RMB[23] - The total current liabilities were reported at 10,913,475.74 RMB as of Q1 2021[23] - The total non-current liabilities were reported at 10,923,385.77 RMB as of Q1 2021[23] Shareholder Information - The total number of shareholders at the end of the reporting period was 22,410[8] - The largest shareholder, Xinjiang Rongsheng Investment Co., Ltd., held 23.88% of the shares[8] - The total share capital remained unchanged at 147,706,873 shares[5] Cash Flow and Investments - The company reported a net cash flow from operating activities of CNY -1,388,779.22 for the period[5] - In Q1 2021, the net cash flow from investing activities was -1,286,258.08 RMB, compared to 16,237,248.77 RMB in the previous period[21] - The total cash and cash equivalents at the end of Q1 2021 were 86,142,627.89 RMB, down from 102,404,890.52 RMB in the previous period, reflecting a net decrease of 2,675,037.30 RMB[21] - The company’s cash and cash equivalents at the beginning of Q1 2021 were 88,817,665.19 RMB[21] - The cash inflow from investment activities was recorded at 16,237,248.77 RMB in the previous period, indicating a strong investment performance[21] Operational Costs and Expenses - The operating cost for Q1 2021 was CNY 14,038,569.41, reflecting a 247.11% increase from CNY 4,044,387.05 in the same period last year[17] - Management expenses rose by 47.13% to CNY 1,828,529.05, attributed to increased employee compensation and operational costs[12] - Financial expenses decreased significantly by 81.58%, resulting in a net financial income of CNY -221,854.07 compared to CNY -1,204,656.58 in the previous year[12] Inventory and Prepaid Accounts - The company’s inventory increased to CNY 14,007,913.15, up from CNY 11,383,893.98, indicating a growth in stock levels[14] - Prepaid accounts increased by 486.45% to CNY 3,170,850.55, primarily due to increased advance payments for fruit purchases and office renovations[12] - The company’s prepaid accounts receivable increased by 205.58% to CNY 208,237.75, mainly due to increased rental prepayments[12] Accounting Standards - The company adopted the new leasing standards starting January 1, 2021, which will not have a significant impact on the financial statements[24] - The company has not made any retrospective adjustments for prior periods under the new leasing standards[24] Return on Assets - The weighted average return on net assets decreased by 1.37 percentage points to -0.627%[5]

香梨股份 XINJIANG KORLA PEAR CO.,LTD 2020 年第三季度报告 公司代码：600506 公司简称：香梨股份 新疆库尔勒香梨股份有限公司 2020 年第三季度报告 香梨股份 XINJIANG KORLA PEAR CO.,LTD 2020 年第三季度报告 1 / 11 | 一、重要提示 3 | | --- | | 二、公司基本情况 3 | | 三、重要事项 5 | | 四、附录 7 | 2020 年第三季度报告 香梨股份 XINJIANG KORLA PEAR CO.,LTD 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 307,664,085.54 293,131,961.84 4.96 归属于上市公司股东的 净资产 284,621,730.62 274,065,650.25 3.85 年初至报告期末 （1-9 月） 上年初至上年报告期末 （1-9 月） 比上年同期增减(%) 经营活动产生的现金流 量净额 -15,727,631.40 -15,110,399.70 每股经营活动产生的 ...

Financial Performance - The company's operating revenue for the first half of 2020 reached ¥12,556,339.46, a significant increase of 182.62% compared to ¥4,442,804.29 in the same period last year[19]. - The net profit attributable to shareholders was ¥12,303,850.90, recovering from a loss of ¥2,814,736.50 in the previous year[19]. - The net cash flow from operating activities was ¥1,650,607.29, compared to a negative cash flow of ¥2,810,277.00 in the same period last year[19]. - The total assets increased by 4.75% to ¥307,043,414.89 from ¥293,131,961.84 at the end of the previous year[19]. - The net assets attributable to shareholders rose by 4.49% to ¥286,369,501.15 from ¥274,065,650.25 at the end of the previous year[19]. - Basic earnings per share improved to ¥0.083 from a loss of ¥0.019 in the same period last year[20]. - The weighted average return on net assets was 4.39%, recovering from -1.00% in the previous year[20]. - The company achieved a revenue of CNY 12,556,339.46, representing an increase of 182.62% compared to the same period last year[35]. - The sales volume of fruit reached 1,015.71 tons, an increase of 99.06% year-on-year[32]. - The net profit attributable to shareholders was CNY 1,230.39 million, with a total profit of CNY 1,549.03 million[34]. - The main business revenue was CNY 11,963,200, an increase of 217.99% year-on-year[33]. - The company reported a significant increase in cash and cash equivalents, with a total of $X million, reflecting a Y% growth compared to the previous period[124]. Asset Management - Total assets at the end of the reporting period amounted to ¥306,000,000, with cash and cash equivalents representing 42.31% of total assets, an increase of 43.57% compared to the previous year[41]. - Accounts receivable increased significantly by 361.45% to ¥4,460,261.40, primarily due to an increase in customer payments[41]. - Other receivables decreased by 32.53% to ¥28,054,603.66, mainly due to the receipt of equity transfer payments[41]. - Fixed assets decreased by 32.07% to ¥18,854,045.74, primarily due to the disposal of office buildings[41]. - The company reported a significant increase in prepaid accounts, which rose by 42.84% to ¥138,363.80, attributed to an increase in rental prepayments[41]. Risk Management - The company anticipates potential risks from macroeconomic fluctuations, which have led to a decline in consumer demand affecting the pear industry[44]. - Natural disasters have significantly impacted pear production, leading to a substantial decrease in yield, prompting the company to enhance disaster management practices[45]. - Financial risks are associated with concentrated payments to farmers during the harvest season, necessitating careful planning to mitigate cash flow issues[47]. Corporate Governance - The company has not proposed any profit distribution or capital reserve increase for the half-year period[51]. - The company held two shareholder meetings in 2020, addressing key reports and proposals, including the transfer of office building ownership[50]. - The company has committed to not engaging in any business that competes with its listed company after the completion of the equity change[52]. - The company has guaranteed compliance with relevant regulations and management systems, ensuring equal rights for shareholders and fulfilling shareholder obligations[52]. - The company has appointed Zhongxing Cai Guanghua Accounting Firm for the 2020 financial report audit, with an audit fee of CNY 350,000[57]. Investment and Financing - The company signed an asset management agreement with Kuerchu Horticultural Farm and Xinjiang Bazhou Shayi East Pear Industry Development Co., Ltd. for the period from January 1, 2020, to December 31, 2020, involving assets worth 1,759.47 million RMB[63]. - The company received the first installment of 1,400 million RMB for the transfer of 25% equity in Xinjiang Jiahe Real Estate Development Co., Ltd. on December 21, 2017, and has since received a total of 2,735.54 million RMB including interest[66]. - The company transferred 15% equity in Jiahe Real Estate to Bodaxi Tai for 1,713.6 million RMB, with the first payment of 860 million RMB received on December 24, 2018[67]. - The company agreed to a debt restructuring contract with Jiahe Real Estate, allowing for the deferral of the remaining payment of 650 million RMB for the equity transfer of Changda Real Estate[70]. - As of March 31, 2020, Jiahe Real Estate owed the company 550 million RMB for the second installment and 2,245.13 million RMB for the third installment of the equity transfer[70]. - The company has agreed to extend the payment deadline for the remaining equity transfer amount of 2,795.13 million RMB to October 31, 2021, with interest based on the bank's benchmark lending rate[71]. Social Responsibility - The company invested a total of ¥69,079.28 in poverty alleviation efforts during the reporting period[75]. - The company helped 2 registered impoverished individuals achieve poverty alleviation through employment[75]. - The company plans to strengthen management and actively engage in business operations to enhance profitability and fulfill social responsibilities related to poverty alleviation[76]. Accounting Policies - The company has not experienced significant impacts on its financial statements due to the implementation of the new revenue standards effective from January 1, 2020[78]. - The total number of shares and the capital structure of the company remained unchanged during the reporting period[80]. - The company has not disclosed any significant changes in accounting policies or estimates compared to the previous accounting period[78]. - There were no major accounting errors that required retrospective restatement during the reporting period[79]. - The company has not reported any environmental information during the reporting period[78]. - The company has not experienced any changes in its controlling shareholders or actual controllers during the reporting period[86]. Revenue Recognition - The company recognizes revenue when control of the goods or services is transferred to the customer, which occurs upon the customer's acceptance of the delivery[187]. - Revenue from fruit and fruit wine sales is confirmed upon the issuance of delivery notices and acceptance by the customer, marking the transfer of control[188]. - The company provides cold storage services, recognizing revenue monthly based on the contractually agreed storage period[189]. - Government grants received are classified as either asset-related or income-related, with the latter recognized as deferred income and accounted for in the period when related costs are incurred[191]. Financial Instruments - The company has adopted an expected credit loss model for financial instruments, which considers the risk of default and calculates losses based on the present value of cash flow shortfalls[127]. - The company has a clear classification for debt instruments, with a focus on amortized cost and fair value measurement, ensuring accurate financial reporting[123]. - The management of financial assets aims to optimize cash flow collection while minimizing risks associated with credit losses[127]. - The company has designated certain equity instruments to be measured at fair value through other comprehensive income, reflecting a strategic investment approach[124]. Inventory Management - The company applies a perpetual inventory system for stock, valuing inventory at actual cost upon acquisition and using a weighted average method for inventory issued[136]. - Inventory impairment provisions are made when the cost exceeds the net realizable value, typically assessed on an individual item basis, or by category for numerous low-cost items[137]. Impairment Testing - The company conducts impairment testing for fixed assets, construction in progress, and intangible assets with finite useful lives at the balance sheet date, recognizing impairment losses when recoverable amounts are less than carrying values[173]. - Impairment losses are calculated based on the higher of fair value less costs to sell and the present value of expected future cash flows[174]. - Goodwill is tested for impairment annually, and any impairment loss is first allocated to the goodwill balance before being proportionately allocated to other assets in the asset group[175].