Financial Performance - Operating revenue for the year-to-date (January to September) was CNY 0, a decrease of 100% compared to CNY 440,698,352.96 in the same period last year[7]. - Net profit attributable to shareholders of the listed company was a loss of CNY 21,740,954.33, compared to a profit of CNY 580,778.39 in the same period last year[7]. - Total operating revenue for Q3 2018 was CNY 117,471,181.86, with a year-to-date total of CNY 440,698,352.96[26]. - Net profit for Q3 2018 was CNY -2,896,681.95, compared to a net profit of CNY 4,276,930.07 in the same period last year[28]. - The company reported a year-to-date net loss of CNY -21,740,954.33 compared to a profit of CNY 16,682,960.22 in the same period last year[28]. - The total profit (loss) for Q3 2018 was -2,896,681.95 RMB, compared to -2,509,990.71 RMB in the same period last year, indicating a decline of approximately 15.4%[30]. - The company reported a total comprehensive income of -2,896,681.95 RMB for Q3 2018, compared to -2,509,990.71 RMB in the same quarter last year, reflecting a decline of approximately 15.4%[30]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 439,549,989.66, an increase of 1.85% compared to the end of the previous year[7]. - The total liabilities increased to CNY 426,234,738.53 from CNY 396,494,085.35, marking an increase of approximately 7.5%[19]. - The company's total liabilities and equity amounted to CNY 439,549,989.66, consistent with the total assets[19]. - The company's equity attributable to shareholders decreased to CNY 13,315,251.13 from CNY 35,056,205.46, a decline of approximately 62%[19]. - The current liabilities totaled CNY 331,844,171.53, up from CNY 302,571,213.60, reflecting an increase of about 9.7%[18]. - The total liabilities increased to CNY 379,810,136.52 from CNY 363,641,221.72 year-over-year[23]. - The total equity decreased to CNY 17,149,410.93 from CNY 35,056,205.46 year-over-year[23]. Cash Flow - Net cash flow from operating activities for the year-to-date was a negative CNY 7,589,485.36, a decrease of 96.50% compared to negative CNY 216,549,011.76 in the same period last year[7]. - Cash inflow from operating activities totaled 1,502,161.49 RMB, significantly lower than 517,919,700.56 RMB in the previous year, reflecting a decrease of about 99.7%[33]. - Cash outflow from operating activities reached 9,091,646.85 RMB, compared to 734,468,712.32 RMB in the same period last year, showing a reduction of approximately 98.8%[33]. - The net cash flow from investing activities was 5,743,035.97 RMB, compared to -5,830,427.04 RMB in the previous year, indicating a turnaround in investment cash flow[34]. - The net cash flow from financing activities was 1,325,885.92 RMB, down from 185,929,771.39 RMB year-over-year, representing a decline of about 99.3%[34]. - The total cash and cash equivalents at the end of the reporting period was 1,265.13 RMB, a significant decrease from 41,401,460.12 RMB at the end of the previous year[34]. - The company received 6,962.81 RMB in tax refunds during the first nine months of 2018, which is a minor amount compared to previous years[33]. Shareholder Information - The total number of shareholders at the end of the reporting period was 84,969[13]. - The largest shareholder, Dazhi Group Co., Ltd., held 24.84% of the shares[14]. Earnings Per Share - Basic and diluted earnings per share were both -CNY 0.0197[8]. - Basic and diluted earnings per share for Q3 2018 were both CNY -0.0027, compared to CNY -0.001 in the previous year[29].

Financial Performance - The company's operating revenue for 2017 was ¥30,521,415.09, a decrease of 94.98% compared to ¥608,445,275.44 in 2016[25]. - The net profit attributable to shareholders of the listed company was -¥1,128,558,032.40 in 2017, a decline of 24,172.15% from ¥4,688,231.20 in 2016[25]. - The total assets at the end of 2017 were ¥431,550,290.81, down 77.08% from ¥1,882,890,207.87 in 2016[25]. - The basic earnings per share for 2017 was -¥1.0535, a decrease of 24,043.18% compared to ¥0.0044 in 2016[26]. - The weighted average return on equity for 2017 was -188.30%, a decrease of 188.306 percentage points from 0% in 2016[26]. - The net cash flow from operating activities was -¥105,571,433.04 in 2017, a decline of 527.49% from ¥24,695,412.23 in 2016[25]. - The company reported a significant loss due to the loss of control over Shanghe Construction and impairment of seedling assets[25]. - In the fourth quarter of 2017, the operating revenue was -¥410,176,937.87, indicating a substantial decline in performance[28]. - The company experienced a net profit attributable to shareholders of -¥1,129,138,810.79 in the fourth quarter, contributing to the overall annual loss[28]. - Non-recurring gains and losses included government subsidies amounting to ¥458,909.50 in 2017, down from ¥1,768,059.50 in 2016[30]. - The company reported a total revenue of CNY 30,521,415.09, a significant decrease of 95% compared to the previous year[44]. - The net profit attributable to shareholders was CNY -1,128,558,032.40, reflecting a decline of 3732% year-on-year[44]. - Total assets at the end of the reporting period amounted to CNY 431,550,290.81, down 77% from the beginning of the year[44]. - The company experienced a net cash flow from operating activities of CNY -105,571,433.04, a decrease of 527% compared to the previous year[46]. Legal and Regulatory Issues - The company received a disciplinary notice from the Shanghai Stock Exchange on December 27, 2017, due to violations of information disclosure regulations, leading to public reprimands for several executives and board members[9]. - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws, which may lead to delisting risk if found guilty[10]. - The company has a significant legal risk involving a claim of 69,340,036.86 RMB from Shanghai Wensheng Asset Management Co., Ltd., which could negatively impact its financial performance[75]. - The company is under investigation by the China Securities Regulatory Commission for suspected information disclosure violations, and the outcome of this investigation is still pending[98]. - The company issued electronic commercial acceptance bills worth 3.5 billion RMB without real transaction backgrounds, violating relevant regulations[70]. - The company was included in the list of dishonest executors by the Shanghai Second Intermediate People's Court on November 1, 2017[118]. - The company has faced public reprimands from the Shanghai Stock Exchange and regulatory penalties totaling RMB 500,000[116][117]. Asset Management and Impairments - The company reported a provision for impairment of assets totaling CNY 623.35 million, including CNY 131.84 million for a subsidiary and CNY 62.33 million for inventory[93]. - The company lost control over its subsidiaries, resulting in a total impairment provision of 81,393,825.77 RMB for the investment in Shanghe Construction and 15,000,000.00 RMB for the investment in Zhongguan Construction[62]. - The company has recognized impairment provisions totaling 81.39 million yuan for a subsidiary, 15 million yuan for another subsidiary, and 122.90 million yuan for an associated company[187]. - The company has not provided sufficient evidence to assess the reasonableness of the impairment provisions for various assets, including a total of 62.33 million yuan for nursery assets[188]. Management and Governance - The company plans to improve its management structure and financial controls to address issues that led to the loss of control over subsidiaries and financial instability[69]. - The company is committed to improving its internal control systems and addressing existing issues systematically[71]. - The board of directors strictly adheres to legal requirements and maintains the interests of all shareholders[165]. - The supervisory board conducts regular meetings to oversee the legality and compliance of the management's actions[166]. - The company has undergone management changes, including the appointment of a new general manager and several board members[158]. - The company has experienced changes in its board members, with several resignations and appointments during the reporting period[150]. - The company has a governance structure that meets the requirements set by the China Securities Regulatory Commission[165]. Financial Position and Liabilities - The company's total assets as of December 31, 2017, amounted to CNY 431.55 million, with total liabilities of CNY 396.49 million, resulting in a net asset value of CNY 35.06 million and a debt-to-asset ratio of 91.88%[90]. - The company has an estimated liability of CNY 43.49 million related to the "Wensheng case," which is currently under review by the Supreme Court[94]. - The total amount of guarantees provided by the company, excluding those to subsidiaries, reached RMB 80,198,565.86, accounting for 228.77% of the company's net assets[123]. - The company has incurred management expenses of 169.29 million yuan related to nursery losses, with insufficient data to determine the impact on cost reporting[193]. Strategic Initiatives and Future Plans - The company plans to establish a regional operation team in Guizhou to enhance its market presence and capitalize on regional economic growth[39]. - The company aims to diversify its business into ecological and environmental sectors while maintaining its core operations in municipal and landscaping engineering[41]. - The company signed a joint agreement to participate in a PPP project, indicating a strategic move towards collaborative projects[42]. - The company plans to focus on small-scale bidding and projects to quickly recover funds and enhance brand credibility[71]. - The company intends to expand its market presence by actively developing new business channels and enhancing its professional team through recruitment[69]. Employee and Organizational Structure - The total number of employees in the parent company is 20, while the main subsidiaries employ 194, resulting in a total of 214 employees[161]. - The company has a competitive and incentive-based salary policy, implementing a performance-based wage system linked to individual performance assessments[162]. - The educational background of employees shows that 55 hold a bachelor's degree or higher, while 60 have a diploma, and 99 have a high school education or lower[161]. - The company has established different performance evaluation and salary systems for its subsidiaries based on their nature[162]. - The company has undergone management changes, including the appointment of a new general manager and several board members[158]. Audit and Compliance - The audit report issued by Sichuan Huaxin (Group) CPA indicated a disclaimer of opinion due to the inability to obtain sufficient audit evidence[86]. - The company lost control over its subsidiary Fujian Shanghe Construction Engineering Co., Ltd., which affected the ability to audit its financial statements[87]. - The internal control audit report issued by Sichuan Huaxin (Group) Accounting Firm provided an unqualified opinion with emphasis on certain issues, indicating areas needing attention[180]. - The company has not consolidated the financial statements of a subsidiary since January 1, 2017, leading to uncertainty regarding its impact on the consolidated financial statements[186]. - The company has not provided sufficient evidence to assess the reasonableness of the impairment provisions for various assets, including prepayments and inventory[93].

Financial Performance - The net profit attributable to shareholders of the listed company was a loss of ¥3,294,154.29, representing a decrease of 616.03% year-on-year[7]. - Basic earnings per share were reported at -¥0.0031, a decline of 410.00% compared to the previous year[8]. - The company reported a significant decrease in net profit attributable to shareholders, with a loss of ¥3,239,019.91 from non-recurring gains and losses, a decline of 409.44% year-on-year[7]. - The operating profit for the current period is -3,239,019.91 RMB, down from 6,154,078.12 RMB in the previous period, reflecting a significant decline[23]. - Net profit for the current period is -3,294,154.29 RMB, compared to a net profit of 2,915,869.41 RMB in the previous period, showing a substantial loss[23]. - The total comprehensive income for the current period is -3,294,154.29 RMB, compared to 2,915,869.41 RMB in the previous period[23]. - Investment income for the current period is -763,838.89 RMB, compared to -160,186.63 RMB in the previous period, indicating a worsening performance[26]. - The company reported a net loss of ¥1,422,133,855.64, slightly worsening from a loss of ¥1,418,839,701.35 at the beginning of the year[17]. Cash Flow - Operating cash flow for the period was a negative ¥2,183,788.37, a significant improvement of 97.41% compared to the previous year's loss of ¥84,168,766.58[7]. - Cash inflow from operating activities is 153,708.78 RMB, significantly lower than 419,716,582.65 RMB in the previous period[28]. - The net cash flow from operating activities was -2,175,456.74 RMB, compared to 18,039,318.14 RMB in the previous period, indicating a significant decline in operational performance[30]. - The total cash outflow from operating activities was 2,177,825.06 RMB, compared to 42,047,459.23 RMB in the previous period, reflecting a decrease in operational cash outflows[30]. - The cash flow from operating activities was significantly affected by a decrease in cash received from sales and services, which totaled only 2,368.32 RMB this period[30]. - Cash outflow for purchasing goods and services is 302,985,065.62 RMB, with cash paid to employees amounting to 748,589.83 RMB[28]. - The company experienced a foreign exchange loss of -185,448.66 RMB, impacting the overall cash position[31]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥432,981,216.62, a slight increase of 0.33% compared to the previous year[7]. - Total current assets increased to ¥367,801,416.48 from ¥365,951,097.33, representing a growth of approximately 0.5%[16]. - Total liabilities rose to ¥401,219,165.45 from ¥396,494,085.35, an increase of about 1.8%[17]. - The company's equity attributable to shareholders decreased to ¥31,762,051.17 from ¥35,056,205.46, a decline of about 9.2%[18]. - Total assets amounted to ¥432,981,216.62, slightly up from ¥431,550,290.81, indicating a growth of approximately 0.3%[18]. Shareholder Information - The total number of shareholders at the end of the reporting period was 97,109[9]. - The largest shareholder, Dasheng Group Co., Ltd., held 266,097,490 shares, accounting for 37.43% of total shares[9]. Regulatory Issues - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[11]. - The company received a public reprimand from the Shanghai Stock Exchange due to information disclosure violations[10]. - The company is actively cooperating with the ongoing investigation by the regulatory authorities[11]. Inventory and Receivables - Accounts receivable remained stable at ¥18,297,917.04, with no change from the beginning of the year[15]. - Inventory increased to ¥252,732,075.90 from ¥250,626,496.15, reflecting a growth of approximately 0.8%[16]. - Other receivables increased to ¥63,536,091.95 from ¥63,526,991.95, a marginal increase of approximately 0.01%[16].

Financial Performance - The company's operating revenue for the first half of 2018 was 0.00, a decrease of 100% compared to 323,227,171.10 in the same period last year [24]. - The net profit attributable to shareholders for the first half of 2018 was -18,844,272.38, a decline of 1,705.63% from 1,173,640.22 in the previous year [24]. - The net cash flow from operating activities was -7,589,485.36, showing an improvement of 94.85% compared to -147,441,072.02 in the same period last year [24]. - The net assets attributable to shareholders decreased by 53.75%, from 35,056,205.46 at the end of the previous year to 16,211,933.08 [24]. - Basic earnings per share for the first half of 2018 were -0.0176, a decrease of 1,860.00% from 0.0010 in the same period last year [26]. - The weighted average return on net assets was -73.51%, a decline of 73.511 percentage points compared to the previous year [26]. - The company reported zero operating revenue for the period, a decrease of 100% compared to 323,227,171.10 yuan in the previous year [37]. - The net profit attributable to shareholders was -18,844,272.38 yuan, with a net profit excluding non-recurring gains and losses of -18,236,694.63 yuan [31]. - The total comprehensive income for the current period is -15,010,112.58, reflecting a worsening from -12,267,602.63 in the previous period [103]. - The company reported a total comprehensive income loss of RMB 15.01 million for the first half of 2018, compared to the previous period [117]. Operational Challenges - The company faces operational management risks due to its expanding business, necessitating improvements in management systems and processes to maintain competitiveness [8]. - The company has been under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws [12]. - The company has faced operational challenges due to being listed as a dishonest executor since October 2017, leading to a breakdown in business operations [26]. - The company is facing operational challenges due to the negative impact of the Wensheng case, leading to a halt in business activities [34]. - The company has lost control over key subsidiaries, resulting in the loss of business related to the Guanshanhu project [125]. - The company is committed to establishing a robust management team and improving its organizational structure through targeted recruitment [125]. Legal and Regulatory Issues - The controlling shareholder's 266.1 million shares, representing 24.84% of the total share capital, are currently frozen due to legal issues, although this does not immediately affect the company's control [9]. - The company is under scrutiny for past information disclosure violations, which has led to public reprimands from the Shanghai Stock Exchange [11]. - The company is actively cooperating with the regulatory investigation and has not received any defenses or requests for hearings from the involved parties [12]. - The company was publicly reprimanded by the Shanghai Stock Exchange and its responsible persons were deemed unsuitable to serve as directors, supervisors, and senior management for three years due to disciplinary actions [66]. - The company was included in the list of dishonest persons by the Shanghai Second Intermediate People's Court on November 1, 2017 [67]. Financial Liabilities and Contingencies - The company has a contingent liability of approximately RMB 34 million related to a loan guarantee, which could further impact its financial performance if not resolved [10]. - The company has ongoing significant litigation matters, including a claim of RMB 34 million related to a loan guarantee, with a court ruling requiring repayment of RMB 30,985,074.19 plus interest [60]. - The company reported a significant increase in unpaid interest, which rose by 474.86% to ¥11,464,295.01 from ¥1,994,289.33 [41]. - The total liabilities increased by 4.89% to ¥130,492,731.85 compared to ¥124,407,666.11 in the previous period [41]. - The company's total guarantee amount, including guarantees to subsidiaries, is RMB 80,198,565.86, which represents 494.69% of the company's net assets [73]. Cash Flow and Liquidity - The company plans to enhance cash flow by intensifying debt collection efforts and expanding its seedling sales [10]. - The company's cash and cash equivalents increased by 128.17% to ¥9,015,337.75, compared to ¥3,951,091.53 in the previous period [40]. - The net cash flow from operating activities was -7,589,485.36 yuan, a 94.85% improvement compared to -147,441,072.02 yuan in the previous year [37]. - The total cash and cash equivalents at the end of the period amounted to 1,265.13 RMB, a decrease from 33,661,126.16 RMB in the previous period [109]. - The company reported a cash inflow from financing activities of 1,413,839.98 RMB, while the previous period had a cash inflow of 100,000,000.00 RMB [109]. Market Strategy and Future Plans - The company is actively monitoring industry trends to better position itself for future growth opportunities amid increasing competition [8]. - The company plans to enhance profitability in the landscaping business and explore new profit growth points in the future [35]. - The company has a dual-driven market strategy in municipal and landscaping engineering, aiming to expand market share [32]. - The company is focusing on small-scale bidding and projects to quickly recover funds and strengthen brand building [125]. - The company is actively pursuing green and environmentally friendly projects to increase market growth rates and strengthen its risk resistance capabilities [126]. Shareholder and Equity Information - The largest shareholder, Dashen Group Co., Ltd., held 266,097,490 shares, representing 37.4% of the total shares [80]. - The company has not proposed any profit distribution or capital increase plans for the reporting period [6]. - The actual controller and shareholders have fulfilled their commitments during the reporting period, including a share sale restriction that prevents trading for 36 months [57]. - The total number of common shareholders at the end of the reporting period was 97,109 [78]. - The company has not reported any major contracts or their performance during the reporting period [74]. Accounting Policies and Financial Reporting - The financial reports comply with the requirements of the Chinese Accounting Standards and reflect the company's financial status as of June 30, 2018 [127]. - The company's accounting policies and estimates are aligned with the relevant regulations, ensuring accurate financial reporting [127]. - The company recognizes revenue from the sale of goods when the main risks and rewards of ownership have been transferred to the buyer, and the amount can be reliably measured [174]. - The company assesses the recoverable amount of non-financial assets at the balance sheet date, conducting impairment tests when necessary [184]. - The company utilizes a straight-line method for depreciation and amortization of investment properties, fixed assets, and intangible assets, regularly reviewing useful lives [185].

2017 年第三季度报告 公司 A 股代码：600610 公司 A 股简称：中毅达 公司 B 股代码：900906 公司 B 股简称：中毅达 B 上海中毅达股份有限公司 2017 年第三季度报告 1 / 21 | 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 | 2017 年第三季度报告 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。 公司六届董事会第四十四次临时会议于 2017 年 10 月 26 日以通讯表决方式召开，会议应参加 表决董事 11 人，实际参加表决董事 11 人。表决结果：7 票同意、0 票反对、4 票弃权。 董事李春蓉弃权理由：1、问询公司子公司借款及资金支付用途原因，至今未有明确回复；2、 对于公司子公司发生的贸易业务，无法判断对公司产生的影响及潜在风险；3、 ...

Financial Performance - The company's operating revenue for the first half of 2017 was ¥323,227,171.10, a significant increase of 1,667.16% compared to ¥18,290,779.70 in the same period last year[20] - The net profit attributable to shareholders for the first half of 2017 was ¥1,173,640.22, a turnaround from a loss of ¥15,181,747.29 in the previous year, representing an increase of 107.73%[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,664,780.63, compared to a loss of ¥14,270,874.14 in the same period last year, marking an increase of 108.87%[20] - Basic earnings per share for the reporting period was ¥0.001, compared to a loss of ¥0.014 in the same period last year, marking a 107.14% improvement[21] - The total profit for the first half of 2017 was CNY 23,260,127.88, a significant improvement from a loss of CNY 15,172,363.33 in the same period last year[95] - The net profit attributable to the parent company was CNY 1,173,640.22, compared to a net loss of CNY 15,181,747.29 in the previous year[95] Cash Flow and Financial Position - The net cash flow from operating activities for the first half of 2017 was -¥147,441,072.02, worsening from -¥12,919,455.34 in the previous year, a decrease of 1,041.23%[20] - The company's total assets at the end of the reporting period were ¥2,149,632,973.90, an increase of 14.17% from ¥1,882,890,207.87 at the end of the previous year[20] - The company's total current assets increased to 1,998,552,425.89 RMB from 1,731,021,804.64 RMB, reflecting a growth of approximately 15.5%[87] - The total liabilities increased to CNY 853,229,967.16 from CNY 598,893,231.28, marking a rise of approximately 42.5%[89] - The company's total equity at the end of the period was 1,071,274,605.00 RMB, with a decrease in retained earnings of -334,230.00 RMB[112] Operational Developments - The company has signed a PPP cooperation project with an investment total of ¥3.53 billion, enhancing its experience and capabilities in large-scale projects[30] - The company operates in both municipal engineering and landscaping, leveraging its dual qualifications to expand market reach and share[30] - The company plans to establish a regional operation team in Guizhou to capitalize on local economic growth opportunities[30] - The company successfully undertook PPP projects with a total investment of CNY 3.53 billion in Guiyang, and additional projects totaling CNY 612 million and CNY 185.6 million in Xiamen and Guizhou respectively[33] Shareholder and Governance Issues - The company has not disclosed any profit distribution plan or capital reserve transfer to increase share capital for the reporting period[6] - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[7] - The controlling shareholder's 266,097,490 shares, accounting for 24.84% of the total share capital, are under judicial freeze due to a lawsuit, which will last for three years[7] - The actual controller of the company has changed, and the final actual controller has not yet been verified[8] - The company held its third extraordinary general meeting on June 1, 2017, where certain shareholder qualifications were disputed, particularly regarding Da Shen Group's participation[53] Financial Management and Expenses - The company reported a significant increase in financial expenses, totaling CNY 4,804,762.58, reflecting a 273.08% increase due to increased bank loans[39] - The company’s management expenses rose to CNY 21,966,406.32, marking a 50.28% increase due to the consolidation of Fujian Shanghe's management costs[39] - The company incurred management expenses of CNY 8,662,976.48, a decrease from CNY 9,372,231.13 in the previous year[97] Accounts Receivable and Inventory - Accounts receivable increased to ¥59,146,779.25, up 486.35% from ¥10,087,237.71[41] - Inventory rose to ¥1,700,197,043.01, representing a 70.74% increase from ¥995,784,483.12[41] - The company’s accounts receivable amounted to CNY 64,898,270.00, with a bad debt provision of CNY 5,751,490.75, representing 8.84% of the total[189] Legal and Compliance Matters - The company has a pending lawsuit where Shanghai Wensheng Asset Management Co., Ltd. claims a total debt amount of RMB 69,340,036.86[60] - The company received a non-standard audit report for its 2016 financial statements, with ongoing investigations by the China Securities Regulatory Commission[58] - The board of directors has committed to taking effective measures to address the concerns raised by the audit institution and to cooperate with the ongoing investigation[59] Accounting Policies and Estimates - The company has not reported any major changes in accounting policies or estimates compared to the previous accounting period[71] - The company’s accounting policies and estimates are consistent across all subsidiaries, ensuring uniformity in financial reporting[128] - The company continuously evaluates its accounting estimates and assumptions, which may significantly affect the reported amounts of assets and liabilities[175]

Financial Performance - The company's operating revenue for 2016 was CNY 608,445,275.44, representing an increase of 805.86% compared to CNY 67,167,387.41 in 2015[21]. - The net profit attributable to shareholders for 2016 was CNY 6,514,938.13, a significant recovery from a loss of CNY 20,559,835.46 in 2015, marking a change of -131.69%[21]. - The net cash flow from operating activities improved to CNY 24,695,412.23 in 2016, compared to a negative cash flow of CNY -100,466,995.84 in 2015, reflecting a 124.58% increase[21]. - The total net assets attributable to shareholders at the end of 2016 were CNY 1,163,614,237.86, a slight increase of 0.40% from CNY 1,158,926,006.66 at the end of 2015[21]. - The company's operating revenue for 2016 reached ¥608.45 million, a significant increase of 805.86% compared to ¥67.17 million in 2015, primarily due to the consolidation of Fujian Shanghe's revenue from September to December 2016[22]. - The net profit attributable to shareholders was ¥4.69 million, a turnaround from a loss of ¥6.55 million in 2015, reflecting a change of -171.62% due to the inclusion of Fujian Shanghe's profit[22]. - The company reported a gross profit margin of 12.52% for road construction and 17.46% for landscaping, with net profits of ¥5.59 million and ¥0.45 million respectively[24]. - The company reported a significant increase in operating profit of RMB 38,920,460.49, up 314.02% year-on-year[46]. - The total revenue for 2016 reached 37,011.4 million RMB, a significant increase from 34,236.1 million RMB in 2015, representing an increase of approximately 5.2%[74]. - The company reported a total of RMB 41,231.99 million in contract amounts for various projects from September to December[73]. Business Strategy and Operations - The company shifted its operational model post-acquisition of Fujian Shanghe, moving from self-bidding to professional subcontracting, which has led to increased revenue and profit growth[23]. - The company is leveraging the PPP model promoted by the Guizhou provincial government to enhance its market presence in municipal infrastructure projects[23]. - The company secured several large-scale projects in 2017, including a ¥352.99 million PPP project and a ¥400 million infrastructure cooperation agreement, which are expected to enhance future revenue streams[25]. - The company is focusing on urbanization and ecological construction, aligning with national strategies for environmental improvement and infrastructure development[87]. - The company aims to transform from traditional landscaping and municipal services to ecological landscaping and new municipal construction, focusing on PPP models for new municipal projects such as underground comprehensive pipe corridors and sponge cities[89]. - The company plans to expand its main business in the western region, leveraging resources in Guizhou and Xinjiang to develop PPP projects, enhancing corporate performance[90]. Legal and Regulatory Issues - The company is currently under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[8]. - The company received a notice from the China Securities Regulatory Commission regarding an investigation into potential violations of information disclosure laws, which may lead to a delisting risk warning if deemed significant[109]. - The audit firm provided a non-qualified opinion with an emphasis on the investigation, reflecting potential risks in the company's operations[103]. - The company is facing a lawsuit regarding the alleged failure to comply with the settlement agreement, which may lead to further legal obligations[108]. - Major shareholder Tibet Yiyi Asset Management, holding over 5% of shares, is currently prohibited from reducing its holdings due to an ongoing investigation by the CSRC[135]. Shareholder and Governance - The company has committed to enhancing corporate governance and internal control systems to protect shareholder rights[104]. - The total number of ordinary shareholders at the end of the reporting period was 111,415, an increase from 104,645 at the end of the previous month[122]. - The top ten shareholders include Daxin Group Co., Ltd. holding 266,097,490 shares, representing 24.84% of total shares[124]. - The company has no changes in the structure of ordinary shares and capital during the reporting period[121]. - The company has seen changes in its board of directors, with several members leaving and new appointments made during the reporting period[141]. - The company has a diverse management team with experience in finance, real estate, and asset management[140]. Employee and Management - The company has a total of 450 employees, with 19 in the parent company and 431 in major subsidiaries[152]. - The employee composition includes 386 technical personnel, 39 administrative staff, and 8 production personnel[152]. - The company has implemented a competitive and performance-based compensation policy, linking salaries to individual performance assessments[153]. - The company has established a training system that combines internal and external training to enhance employee skills and management capabilities[154]. Financial Position - The total assets of the company increased substantially in 2016 due to the merger with Fujian Shanghe, expanding the operational capacity[27]. - The total liabilities reached RMB 598,893,231.28, compared to RMB 82,983,750.53 at the beginning of the year, marking a substantial increase of around 620.5%[179]. - The company's equity attributable to shareholders was RMB 1,163,614,237.86, slightly up from RMB 1,158,926,006.66, showing a marginal increase of about 0.4%[179]. - The company's current assets totaled RMB 1,731,021,804.64, up from RMB 1,097,838,087.30, indicating a growth of about 57.6%[177]. - The total comprehensive income for the year was CNY 31,068,317.32, with a comprehensive income attributable to the parent company of CNY 4,688,231.20[186].

2017 年第一季度报告 公司代码：600610/900906 公司简称：中毅达/中毅达 B | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 7 | 上海中毅达股份有限公司 2017 年第一季度报告 1 / 18 2017 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 | 1,726,380,251.16 | 1,882,890,207.87 | -8.31% | | 归属于上市公司 | 1,164,252,605.28 | 1,163,614,237.86 | 0.05% | | 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 | -84,168,766.58 | -5,018,955.59 ...

Financial Performance - Operating revenue decreased by 17.64% to CNY 119,116,826.19 for the first nine months compared to the same period last year[6]. - Net profit attributable to shareholders was a loss of CNY 17,130,967.58, a decrease of 318.15% year-on-year[6]. - Basic and diluted earnings per share were both -CNY 0.01, a decrease of 200% compared to CNY 0.01 in the same period last year[7]. - The company reported a net loss for the period, with a warning of potential significant changes in cumulative net profit compared to the previous year[21]. - The net profit attributable to the parent company was -¥1,949,220.29 for Q3 2016, compared to a profit of ¥1,822,284.59 in Q3 2015, indicating a significant decline[31]. - The company reported a net loss of -¥12,123,796.88 for the first nine months of 2016, compared to a profit of ¥7,852,886.10 in the same period last year[31]. - The company’s total profit for the first nine months of 2016 was -¥8,708,174.35, a decline from ¥13,078,298.72 in the previous year[31]. Assets and Liabilities - Total assets increased by 20.45% to CNY 1,495,911,620.42 compared to the end of the previous year[6]. - The company's current assets totaled CNY 1,336,356,754.09, up from CNY 1,097,838,087.30 at the beginning of the year, indicating an increase of about 21.8%[24]. - The total liabilities rose to CNY 263,428,586.39 from CNY 82,983,750.53, which is an increase of about 217.5%[25]. - The total current liabilities increased significantly to CNY 258,635,709.39 from CNY 78,190,873.53, representing an increase of approximately 230.5%[25]. - The non-current assets totaled CNY 159,554,866.33, up from CNY 144,071,669.89, showing a growth of about 10.8%[24]. Cash Flow - Net cash flow from operating activities improved by 19.71%, reaching a negative CNY 22,822,198.42 for the first nine months[6]. - Cash inflow from operating activities for the first nine months was CNY 37,438,731.60, a decrease of 74.7% compared to CNY 147,900,943.12 in the previous year[38]. - Cash inflow from operating activities for the first nine months was CNY 30,544,537.92, down from CNY 126,637,321.31 in the previous year[41]. - Cash inflow from financing activities increased to CNY 93,500,000.00, up from CNY 60,000,000.00 year-over-year[39]. - The ending cash and cash equivalents balance was CNY 77,833,211.82, compared to CNY 49,201,550.38 in the previous year[39]. Shareholder Information - The total number of shareholders reached 109,331 at the end of the reporting period[11]. - The largest shareholder, Dasheng Group Co., Ltd., holds 24.84% of the shares, with 260 million shares pledged[11]. Legal and Restructuring Issues - The company has not yet completed the transfer of 61% equity in Jiangxi Licheng Landscape Construction Co., Ltd., which poses a risk of termination for the major asset restructuring[17]. - The company holds a 39% stake in Jiangxi Licheng, but the equity is frozen due to legal disputes, impacting the completion of the asset restructuring[16]. - The company is actively monitoring legal developments regarding the frozen equity and is committed to protecting its rights and interests[18]. - The company plans to disclose any significant updates regarding the asset restructuring and its implications for stakeholders[18]. Other Financial Metrics - The weighted average return on net assets dropped to -0.80%, down 161.54% from 1.30% in the previous year[7]. - Cash and cash equivalents at the end of the period reached ¥77,833,211.82, an increase of 68.14% from the beginning of the period[13]. - Accounts receivable at the end of the period totaled ¥120,316,342.20, reflecting a significant increase of 953.23% compared to the beginning of the period[13]. - Prepayments amounted to ¥84,227,425.97 at the end of the period, marking a 413.06% increase from the beginning[13]. - Fixed assets increased to ¥12,362,225.27, representing a growth of 265.74% from the previous period[13]. - Accounts payable reached ¥77,879,674.24, showing a substantial increase of 659.46% compared to the beginning of the period[13]. - The company reported a significant increase in other payables, which reached ¥119,371,251.10, a rise of 1,103.52% primarily due to pending payments related to the newly consolidated entity[13].

Financial Performance - The company's operating revenue for the first half of 2016 was ¥18,290,779.70, a decrease of 74.47% compared to ¥71,642,635.98 in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2016 was -¥15,181,747.29, representing a decline of 351.75% from a profit of ¥6,030,601.51 in the previous year[17]. - The net cash flow from operating activities was -¥12,919,455.34, a decrease of 144.41% compared to ¥29,093,683.21 in the same period last year[17]. - Basic earnings per share for the first half of 2016 were -¥0.013, a decrease of 230% from ¥0.01 in the same period last year[18]. - The weighted average return on net assets was -0.013%, a decrease of 230 percentage points compared to 0.01% in the previous year[18]. - The gross profit margin for the landscaping business was 16.77%, a decrease of 26.22 percentage points compared to the previous year[31]. - The total comprehensive income for the current period was a loss of 15,181,747.29, reflecting a significant decline compared to the previous period[89]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,203,585,963.32, a decrease of 1.66% from ¥1,223,909,060.65 at the end of the previous year[17]. - The company's current assets totaled CNY 1,060,052,535.37, down from CNY 1,097,838,087.30 at the start of the period, indicating a decline of approximately 3.5%[66]. - The company's total liabilities decreased from CNY 82,983,750.53 to CNY 59,841,703.95, a reduction of approximately 28%[68]. - The total equity attributable to the parent company at the end of the previous year was 1,158,926,000, with a decrease of 15,181,747.29 in the current period[87]. - The total equity at the end of the current period is reported as 1,143,744,000, indicating a decrease from the previous balance[88]. Investments and Acquisitions - The company plans to acquire Fujian Shanghe Construction Engineering Co., Ltd. to expand market share and enhance profitability through synergy with its main business[22]. - The company holds a 39% stake in Jiangxi Licheng Landscape Construction Co., Ltd., with ongoing legal issues delaying the completion of a major asset restructuring[27]. - The company acquired 51% of Fujian Shanghe Construction Engineering Co., Ltd. for RMB 100,892,202.90, as disclosed in the announcement dated July 29, 2016[46]. Shareholder Information - The total number of shareholders reached 117,814 by the end of the reporting period[55]. - Dazhong Group holds 266,097,490 shares, representing 24.84% of the total shares, with 260,000,000 shares pledged[56]. - Tibet Yiyi Asset Management holds 138,630,605 shares, accounting for 12.94% of the total shares, with 117,695,734 shares pledged[56]. - The company has committed to a 36-month lock-up period for major shareholders starting from November 25, 2014[50]. Governance and Compliance - The company governance structure complies with the requirements of the China Securities Regulatory Commission[51]. - The report period's financial statements have not been audited[3]. - The company appointed several new directors and independent directors during the reporting period, indicating a significant change in the board composition[61]. Cash Flow and Financing - Total cash inflow from operating activities was 30,176,683.40 RMB, while cash outflow was 43,096,138.74 RMB, resulting in a net cash flow deficit[79]. - Cash and cash equivalents at the end of the period stood at 11,010,753.17 RMB, down from 32,803,590.54 RMB in the previous period[80]. - The company received 6,446,700.00 RMB from investment absorption during the first half of 2016[84]. Accounting Policies - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance[96]. - The company follows a control-based approach for preparing consolidated financial statements, including all subsidiaries under its control[104]. - Revenue from the sale of goods is recognized when the significant risks and rewards of ownership have transferred to the buyer, and the amount can be reliably measured[137]. Inventory and Receivables - The total inventory balance is CNY 996,579,503.12, with a slight decrease from CNY 998,003,464.36 at the beginning of the period[172]. - The total accounts receivable at the end of the period was ¥11,646,249.64 million, with a bad debt provision of ¥671,156.53 million, indicating a provision rate of approximately 5.76%[160]. - The company has not recognized any significant bad debt recoveries or reversals during the reporting period[161]. Employee Benefits and Provisions - The company recognizes employee benefits as liabilities in the period in which the services are rendered, including short-term and post-employment benefits[132][133]. - The company evaluates provisions for contingent liabilities based on the best estimate of the expenditure required to settle the present obligation[135].