Financial Performance - The company achieved a net profit attributable to shareholders of RMB 86,311,769 in 2022, with an undistributed profit at the beginning of the year of RMB 584,830,153.92[4] - The company proposed not to distribute cash dividends or bonus shares for the year 2022, retaining a total distributable profit of RMB 595,872,053.20 as of December 31, 2022[4] - The company has reported a statutory surplus reserve of RMB 22,700,413.20 for the year 2022[4] - The company achieved operating revenue of CNY 756.42 million in 2022, representing a year-on-year increase of 17.70%[22] - Net profit attributable to shareholders decreased by 44.25% to CNY 86.31 million in 2022[22] - Basic earnings per share fell by 47.62% to CNY 0.11 in 2022[23] - The company provided rent reductions and exemptions totaling CNY 82.39 million, which negatively impacted operating revenue by CNY 73.46 million and net profit by CNY 57.32 million[31] - Excluding the impact of rent reductions, the adjusted operating revenue would be CNY 829.88 million, reflecting a growth of 29.13%[31] - The total assets of the company increased by 4.13% to CNY 3.66 billion at the end of 2022[22] - The net assets attributable to shareholders rose by 3.92% to CNY 1.91 billion at the end of 2022[22] - The cash flow from operating activities was CNY 183.11 million, a decrease of 4.68% compared to the previous year[22] Risk Management and Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[5] - The company has detailed potential risks in the management discussion and analysis section of the report[6] - The company has confirmed that there are no non-operating fund occupations by controlling shareholders or related parties[6] - The company has not violated decision-making procedures for external guarantees[6] - The company has established a risk management framework, although no specific risks were reported during the period[118] - The company is addressing cross-regional management risks by implementing strict internal controls and centralized management practices for its subsidiaries[90] - The company has established a robust internal control system to enhance governance and protect the interests of investors, particularly small and medium-sized investors[134] - The company strictly adhered to information disclosure obligations, ensuring transparency and preventing insider trading incidents during the reporting period[96] - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[112] Digital Transformation and Innovation - The company is focusing on digital transformation and enhancing property management systems to improve operational efficiency[31] - The company is enhancing its digital transformation by collaborating with big data BI and analytics platform providers, aiming to improve digital decision-making and operational efficiency through various digital projects[34] - The company is committed to digital transformation, aiming to build a unified, intelligent, and efficient digital platform to improve management efficiency and decision-making capabilities[85] - The company is exploring partnerships with tech firms to leverage AI technologies, aiming to integrate these solutions into existing products by 2024[101] Market Strategy and Business Development - The company is expanding its new retail business by focusing on high-potential products in cosmetics, imported foods, and fashion, leveraging partnerships with major e-commerce platforms like Tmall International and JD International[35] - The company plans to shift its focus to Hangzhou, utilizing its geographical advantages to integrate online and offline operations and expand its new retail industry chain[49] - The company plans to aggressively expand its new retail business, focusing on high-repurchase categories such as beauty, food, and trendy toys, while enhancing supply chain management and brand partnerships[84] - The professional market sector is facing challenges due to a sluggish economic environment, but there are opportunities for growth through digital innovation and international market expansion[42] Employee Engagement and Corporate Culture - The company launched an employee stock ownership plan to motivate core staff and improve overall team performance and retention[39] - The company has a training program that includes new employee training, management training, and professional skills training to enhance employee capabilities[121] - The company emphasizes the importance of performance evaluations, linking employee bonuses to individual contributions and overall company performance[119] - The company has approved a plan for employee stock ownership in 2022 to enhance employee engagement and retention[119] Shareholder and Financial Policies - The company has a cash dividend policy that aligns with its articles of association and shareholder resolutions, ensuring clear standards and decision-making processes[128] - The company is committed to maintaining a stable and scientific return to all shareholders while considering the actual needs of its business development[127] - The board of directors and independent directors engaged in thorough discussions regarding the profit distribution plan, ensuring that minority shareholders' rights are protected[125] - The company is required to provide detailed explanations if it does not propose a cash profit distribution plan despite having positive distributable profits[129] Audit and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm[3] - The internal control management system was audited by Tianjian Accounting Firm, which found no significant deficiencies and issued a standard unqualified opinion[136] - The audit report confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2022[180] - The company has conducted five meetings of the audit committee during the reporting period, focusing on financial reports and internal control evaluations[116] Social Responsibility and Community Engagement - The company made a total donation of 53,100 CNY for community support, including 5,000 CNY to assist veterans[140] - A total of 378 employees participated in voluntary blood donation activities during the reporting period[140] - The company has not disclosed a separate social responsibility or ESG report[139] Share Structure and Ownership - The company canceled 12,129,240 repurchased shares, reducing total shares from 773,464,476 to 761,335,236[160] - The proportion of shares held by the controlling shareholder, Yuanming Holdings, increased from 20.00% to 20.32% after the share cancellation[162] - The total number of ordinary shareholders increased from 19,687 to 19,919 during the reporting period[163] - The largest shareholder, Honglou Group Limited, reduced its holdings by 106,009,100 shares, holding a total of 174,685,708 shares, representing 22.94% of the total shares[165]

兰州丽尚国潮实业集团股份有限公司 2022 年第三季度报告 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。 重要内容提示： 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 信息的真实、准确、完整。 第三季度财务报表是否经审计 2022 年第三季度报告 证券代码：600738 证券简称：丽尚国潮 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 192,699,596.78 | 1.20 | 624,928,349 ...

Financial Performance - The company's operating revenue for the first half of 2022 was RMB 432.23 million, representing a 42.41% increase compared to RMB 303.50 million in the same period last year[17]. - The net profit attributable to shareholders for the first half of 2022 was RMB 157.60 million, a significant increase of 118.62% from RMB 72.09 million year-on-year[17]. - Basic earnings per share increased by 125.81% to CNY 0.210 compared to the same period last year[19]. - Diluted earnings per share rose by 119.35% to CNY 0.204 year-on-year[19]. - The weighted average return on equity increased by 4.03 percentage points to 8.22%[19]. - The net profit attributable to shareholders decreased by 14.69% after excluding non-recurring gains and losses, primarily due to rental relief measures totaling CNY 62.98 million[19]. - The company achieved a revenue of 432.23 million yuan, representing a year-on-year growth of 42.41%[31]. - The net profit attributable to shareholders reached 157.60 million yuan, with a significant year-on-year increase of 118.62%[31]. Cash Flow and Financial Position - The net cash flow from operating activities was negative at RMB -40.38 million, a decline of 193.24% from RMB 43.31 million in the same period last year[18]. - The total assets at the end of the reporting period were RMB 3.74 billion, reflecting a 6.31% increase from RMB 3.51 billion at the end of the previous year[18]. - The net assets attributable to shareholders at the end of the reporting period were RMB 1.99 billion, an increase of 8.57% from RMB 1.84 billion at the end of the previous year[18]. - The company's financial expenses rose by 68.06% to 21,683,656.03 RMB, attributed to increased bank financing costs[40]. - The total liabilities reached CNY 1,736,428,850.81, up from CNY 1,672,583,934.51, reflecting a growth of approximately 3.8%[89]. - Owner's equity increased to CNY 1,999,728,681.97 from CNY 1,841,885,315.16, marking an increase of around 8.5%[89]. - The total current assets reached ¥578,979,489.49, up from ¥404,766,353.54, indicating a growth of approximately 43.1%[86]. Business Operations and Strategy - The company operates two professional markets in Hangzhou and Nanjing, focusing on wholesale market management and property services[24]. - The company is focusing on expanding its new retail business, leveraging online and offline integration to capture new consumer trends[36]. - The company's new retail business achieved revenue of 169 million RMB during the reporting period[37]. - The company plans to expand its sales channels by collaborating with platforms like Douyin and Kuaishou to enhance its new retail ecosystem[37]. - The company provided rental relief of CNY 47.24 million to small and micro businesses affected by the pandemic[19]. - The professional market management segment saw a revenue growth of 6.71% after excluding the impact of rent reductions[34]. Shareholder and Governance Matters - The company plans to distribute a cash dividend of RMB 0.70 per 10 shares, subject to shareholder approval[4]. - There was a change in the board of directors, with Wu Qunliang elected as a new director, replacing Ji Xiaoli who resigned[56]. - The company has not reported any risks or other significant disclosures that could impact its operations[53]. - The company has maintained a good integrity status during the reporting period, with no significant debts due that remain unpaid[66]. - The company has committed to ensuring that non-circulating shareholders repay the advance payment of 3,674,343 shares made by Honglou Group and Minfo Group for the stock reform[65]. Compliance and Regulatory Matters - The report has not been audited, but the management has confirmed its accuracy and completeness[5]. - The company has not disclosed any significant environmental impact or penalties related to environmental issues, indicating compliance with environmental regulations[62]. - The company has not reported any penalties or corrective actions related to violations of laws or regulations during the reporting period[66]. - The company has ensured that related transactions are conducted fairly and legally, adhering to relevant laws and regulations[65]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern principle, with no significant doubts about the company's ability to continue operations in the next 12 months[120]. - The company adheres to the accounting standards for enterprises, ensuring that its financial reports accurately reflect its financial position and operating results[122]. - The company has specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition tailored to its operational characteristics[121]. - The company recognizes revenue based on the progress of performance obligations, confirming revenue at a point in time when control of goods or services is transferred to the customer[182]. - The company applies a fair value measurement for non-monetary government grants, or nominal value if fair value cannot be reliably obtained[188].

2022 年第一季度报告 □是 √否 一、 主要财务数据 证券代码：600738 证券简称：丽尚国潮 兰州丽尚国潮实业集团股份有限公司 2022 年第一季度报告 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。 重要内容提示 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、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第一季度财务报表是否经审计 (一)主要会计数据和财务指标 1 / 17 单位：元 币种：人民币 项目 本报告期 本报告期比上年同期增减 变动幅度(%) 营业收入 219,970,984.00 30.98 归属于上市公司股东的净利润 229,922,112.93 422.59 归属于上市公司股东的扣除非经常 性损益的净利润 26,766,931.30 -39.28 经营活动产生的现金流量净额 -33,341,598.37 -185.29 基本每股 ...

Financial Performance - The company achieved a net profit attributable to the parent company of ¥154,818,674.73 in 2021, with an undistributed profit at the beginning of the year of ¥444,003,974.97[6] - The company plans to allocate a total distributable profit of ¥584,830,153.92 as of December 31, 2021, with no cash dividends or stock bonuses proposed for the year[6] - The company has reported a statutory surplus reserve of ¥13,992,495.78 for the year[6] - The company achieved operating revenue of CNY 642.67 million in 2021, representing a year-on-year growth of 7.23%[20] - The net profit attributable to shareholders was CNY 154.82 million, a significant increase of 78.65% compared to 2020[20] - The basic earnings per share rose to CNY 0.206, reflecting an increase of 83.93% year-on-year[21] - The net profit after deducting non-recurring gains was CNY 157.29 million, marking a 76.14% increase from the previous year[20] - The company reported a weighted average return on equity of 8.79%, an increase of 3.51 percentage points compared to 2020[21] Cash Flow and Assets - The net cash flow from operating activities reached CNY 192.10 million, a substantial recovery from a negative cash flow in 2020[20] - The company's total assets at the end of 2021 were CNY 3.51 billion, up 5.06% from the previous year[20] - The cash flow from operating activities showed a significant improvement, with a net cash flow of 192.10 million RMB compared to a negative cash flow in the previous year[48] - The total cash and cash equivalents at the end of the period was CNY 129.1 million, down 77.48% from the beginning balance[57] - The company’s cash and cash equivalents decreased to ¥147,200,671.64 in 2021 from ¥597,822,737.75 in 2020, a decline of approximately 75.3%[197] Market and Business Strategy - The company plans to continue its strategic transformation towards new retail and consumption sectors while maintaining its traditional business[30] - The company is focusing on new retail and new consumption strategies, particularly in the women's consumption market and the new domestic goods sector[36] - The company is actively exploring digital transformation opportunities in response to changing consumer habits accelerated by the COVID-19 pandemic[42] - The company is focusing on expanding its new retail business and enhancing its core competitiveness in professional market management and retail sectors[44] - The company plans to leverage its location advantage in Hangzhou to integrate online and offline operations and expand its new retail supply chain[44] Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[7] - The company has detailed potential risks in the management discussion and analysis section of the report[8] - The company faces market operational risks due to competition from large shopping malls, supermarkets, and e-commerce platforms, which may impact consumer purchasing behavior[79] - The ongoing pandemic poses external uncertainties that could affect global market trade, with the potential for prolonged and fluctuating conditions[79] Governance and Management - The company has provided a standard unqualified audit report from Tianjian Accounting Firm[5] - The company has established a comprehensive internal control system to ensure compliance and safeguard assets, with no significant deficiencies reported during the period[125][126] - The company has implemented a competitive compensation policy linked to individual performance and overall economic indicators, with adjustments based on GDP growth and CPI[116] - The company has a structured approach to executive compensation, linking it to overall business performance and individual contributions[98] - The company has undergone significant management changes, with multiple key personnel resigning and new appointments made[100] Shareholder Information - The total number of shares held by the chairman and directors remained unchanged at 41,719,937 shares, with no increase or decrease during the reporting period[88] - The total number of shares increased from 773,464,476 to 772,795,436, with a net change of +32,327,763 shares, representing an increase of 4.18%[159] - The number of shareholders increased from 23,642 to 25,269, indicating a growth of approximately 6.9% in the shareholder base[164] - The top shareholder, Honglou Group Co., Ltd., holds 280,694,808 shares, representing 36.29% of total shares, with 199,350,000 shares pledged[166] External Investments and Assets - The company has invested a total of 10,038.7 million CNY in new business ventures through its subsidiary, focusing on supply chain systems, retail channels, and skincare products[66] - The company’s external investments amounted to CNY 249.71 million, accounting for 7.11% of total assets[185] - The book value of investment properties and fixed assets was CNY 1,124.76 million, representing 69.46% of total assets[186] Social Responsibility and Community Engagement - The company provided rental fee discounts totaling 2.4142 million yuan to support small merchants during the pandemic, stabilizing their operations[133] - In December 2021, the company raised 12,945 yuan through a charity event, promoting social responsibility and community support[134] - The company has committed to reducing carbon emissions by gradually phasing out high-energy-consuming equipment and enhancing energy management[131]

Financial Performance - The company's operating revenue for Q3 2021 was ¥190,412,743.12, representing a year-over-year increase of 36.58%[3] - The net profit attributable to shareholders for Q3 2021 was ¥59,887,840.80, reflecting a significant increase of 151.29% compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses for Q3 2021 was ¥60,238,484.52, up by 134.11% year-over-year[3] - The basic earnings per share for Q3 2021 was ¥0.077, an increase of 151.29% compared to the same period last year[4] - The company reported a year-to-date net profit attributable to shareholders of ¥131,979,014.57, which is a 66.15% increase compared to the same period last year[3] - Total operating revenue for the first three quarters of 2021 reached ¥493,914,497.07, an increase of 13.1% compared to ¥436,639,740.19 in the same period of 2020[17] - Net profit for the first three quarters of 2021 was ¥131,790,543.62, representing a significant increase of 66.0% compared to ¥79,435,269.85 in the previous year[18] - Basic earnings per share for the first three quarters of 2021 were ¥0.171, up from ¥0.103 in the same period of 2020[18] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,402,809,618.77, showing a slight increase of 1.72% from the end of the previous year[4] - The equity attributable to shareholders at the end of the reporting period was ¥1,816,747,940.17, which is a 7.83% increase compared to the previous year[4] - Total assets as of the end of the third quarter amounted to ¥3,402,809,618.77, compared to ¥3,345,214,270.34 at the end of the previous year[15] - Total liabilities decreased to ¥1,585,965,149.55 from ¥1,660,445,344.74 year-on-year, indicating a reduction in financial obligations[15] - The company's total equity increased to ¥1,816,844,469.22, up from ¥1,684,768,925.60 in the previous year, reflecting improved financial health[15] - Long-term borrowings stood at ¥446,670,000.00, down from ¥480,000,000.00, indicating a reduction in long-term debt[15] Cash Flow - The net cash flow from operating activities for the reporting period was not applicable, but it was noted that cash received from sales increased[6] - Operating cash inflow for the first three quarters of 2021 was CNY 803,194,415.32, an increase of 12.9% compared to CNY 711,578,343.28 in the same period of 2020[20] - Net cash flow from operating activities was CNY 3,026,377.85, a significant recovery from a net outflow of CNY -85,733,936.78 in the previous year[20] - Total cash inflow from investment activities was CNY 35,735,034.00, compared to CNY 10,037,729.86 in the same period last year, marking a substantial increase[21] - Net cash flow from investment activities was CNY -324,265,538.39, worsening from CNY -278,755.71 in the previous year[21] - Cash inflow from financing activities totaled CNY 100,285,000.00, down from CNY 200,000,000.00 in the same period of 2020[21] - Net cash flow from financing activities was CNY -56,238,342.88, compared to CNY -28,943,088.87 in the previous year, indicating increased cash outflows[21] - The ending balance of cash and cash equivalents was CNY 195,651,693.21, a decrease from CNY 713,877,377.42 at the end of the previous year[21] - The company reported a cash inflow from sales of goods and services of CNY 730,964,264.57, up from CNY 647,013,066.28 in the same period last year[20] - The company incurred cash payments for purchasing goods and services amounting to CNY 602,850,707.26, an increase from CNY 495,862,151.58 in the previous year[20] - The company received CNY 1,231,195.37 in tax refunds, significantly higher than CNY 84,564.90 in the same period last year[20] Investments and Acquisitions - The company has entered into leasing agreements with Zhejiang Jianfeng Property Co., Ltd. and Hangzhou Jinghua Maternal and Child Hospital Co., Ltd., with total rental payments of RMB 200 million made to Jianfeng Property[10] - The company acquired a 34.25% stake in Hangzhou Yuchen Cultural Media Co., Ltd. for RMB 2.5 million to enhance its digital marketing capabilities[10] - A new joint venture, Meilan Fang (Hainan) Wine Industry Co., Ltd., was established with a registered capital of RMB 20 million, in which the company holds a 51% stake[11] - The company invested RMB 1 million in Shaanxi Jili Research and Biotechnology Co., Ltd. for a 25% equity stake to tap into the female consumer market[10] - The company’s subsidiary, Lishang Holdings, has confirmed a rental income of RMB 996.29 million and rental costs of RMB 531.67 million from leasing agreements[10] - The company’s subsidiary reduced its stake in Hangzhou Lishang Chengpin Network Technology Co., Ltd. from 51% to 25.5%, resulting in it no longer being included in the consolidated financial statements[10] Future Outlook - The company experienced a significant increase in revenue due to growth in leasing and real estate project settlement income[6] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[16]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately CNY 303.50 million, representing a 2.11% increase compared to CNY 297.23 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was approximately CNY 72.09 million, a 29.65% increase from CNY 55.60 million in the previous year[19]. - The net profit after deducting non-recurring gains and losses was approximately CNY 72.26 million, which is a 57.10% increase from CNY 45.99 million year-on-year[19]. - The net cash flow from operating activities was approximately CNY 43.31 million, a significant recovery from a negative cash flow of CNY -78.96 million in the same period last year[19]. - The total assets at the end of the reporting period were approximately CNY 3.42 billion, reflecting a 2.36% increase from CNY 3.35 billion at the end of the previous year[19]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 1.76 billion, which is a 4.28% increase from CNY 1.68 billion at the end of the previous year[19]. - The basic earnings per share for the first half of 2021 were CNY 0.093, up 29.17% from CNY 0.072 in the same period last year[20]. - The weighted average return on equity increased to 4.19%, up 0.77 percentage points from 3.42% in the previous year[20]. - The company reported a gross margin of 69.55% for the first half of 2021, up from 60.21% in the same period last year[28]. - The company achieved a revenue of 303.50 million yuan, an increase of 2.11% compared to 297.23 million yuan in the same period last year[28]. Operational Strategy - The company is focusing on integrating online and offline operations to enhance customer engagement and adapt to changing consumer behaviors[25]. - The company plans to expand its new retail direction centered on domestic products, leveraging online and offline integration for business development[27]. - The company is implementing a strategy to optimize brand structure and enhance the shopping environment to counteract the impact of increased competition from new shopping centers[29]. - The company expanded its online operations, achieving a VIP membership increase of 8,362 members, contributing 30.21% to sales in the first half of 2021[29]. Risk Management - The company has outlined potential risks in its management discussion and analysis section, advising investors to be cautious[7]. - The company has identified macroeconomic risks, market competition risks, and cost control risks that could adversely affect its operations[43]. - The company plans to optimize its organizational structure and enhance internal management processes to mitigate operational risks[43]. Investments and Financial Position - The company invested a total of CNY 2,254,000 in new retail business ventures during the reporting period[30]. - Long-term equity investments totaled CNY 70,000,000.00, with CNY 5,000,000.00 invested in Lishui Tianji and CNY 1,000,000.00 in both Xiaoyao Erchang and Ruili Digital Technology[37]. - Cash and cash equivalents at the end of the period were CNY 561,067,986.87, a decrease of 6.15% from CNY 597,822,737.75 at the end of the previous year[34]. - The company’s short-term borrowings increased by 51.96% to CNY 152,219,521.11 from CNY 100,172,944.44 in the previous year[34]. Shareholder Information - The major shareholder, Honglou Group Co., Ltd., holds 280,694,808 shares, representing 36.29% of the total shares, with 215,350,000 shares pledged[66]. - The total number of shares outstanding is 773,464,476, with 99.91% being tradable shares[66]. - The company has repurchased a total of 32,103,200 shares, with 9,630,960 shares canceled, leaving 22,472,240 shares, which is 2.91% of the total share capital[67]. - The company reported a total of 154,692,895 shares held by Zhejiang Yuanming Holdings, representing 20.00% of the total shares[67]. Compliance and Governance - The company has appointed new executives, including a new board secretary and financial director, to strengthen its management team[48]. - The company maintains a good integrity status, with no unfulfilled court judgments or significant overdue debts[57]. - The company has not disclosed any major related party transactions during the reporting period[58]. - The company operates in retail, catering, and professional market management, and does not belong to industries with significant environmental pollution impact[52]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations for the next 12 months[110]. - The company adheres to the accounting standards for enterprises, ensuring that its financial reports accurately reflect its financial position and operating results[112]. - The company’s accounting policies include specific measures for financial instrument impairment, fixed asset depreciation, and revenue recognition[111]. - The company recognizes expected credit losses based on the risk of default for financial assets measured at amortized cost and other specified financial instruments[126]. Cash Flow and Liquidity - The cash flow from investing activities showed a net outflow of -120,295,663.59 RMB, compared to a net inflow of 3,768,564.09 RMB in the same period of 2020[91]. - The net cash flow from financing activities was -7,464,583.38 RMB, contrasting with a positive cash flow of 32,312,440.56 RMB in the prior period[93]. - The total cash and cash equivalents at the end of the period amounted to 8,843,997.44 RMB, down from 11,234,765.06 RMB in the previous period[93]. Market and Economic Conditions - The retail sector in Gansu province saw a 24.8% year-on-year growth in total retail sales of consumer goods, reaching 203.09 billion yuan in the first half of 2021[24]. - The average occupancy rate for the Hangzhou market reached 99.35%, while the Nanjing market's occupancy rate was 91.60%[29].

Financial Performance - Net profit attributable to shareholders was CNY 43,996,908.13, representing a year-on-year increase of 34.29%[4] - Operating income for the period was CNY 167,948,417.37, reflecting a growth of 0.90% compared to the same period last year[4] - Basic earnings per share increased by 35.71% to CNY 0.057 from CNY 0.042 in the previous year[4] - The weighted average return on net assets rose to 2.58%, an increase of 0.55 percentage points year-on-year[4] - Total revenue for Q1 2021 was CNY 167,948,417.37, a slight increase of 0.9% compared to CNY 166,449,131.37 in Q1 2020[24] - Net profit for Q1 2021 reached CNY 43,996,908.13, representing a 34.3% increase from CNY 32,762,347.96 in Q1 2020[25] - Earnings per share (EPS) for Q1 2021 was CNY 0.057, up from CNY 0.042 in Q1 2020, indicating improved profitability[25] Cash Flow - Cash flow from operating activities was CNY 39,090,487.60, a significant recovery from a negative cash flow of CNY -41,655,699.91 in the same period last year[4] - The net cash flow from operating activities increased by CNY 80.75 million in Q1 2021 compared to the same period last year, driven by increased cash receipts from sales and reduced tax payments[14] - The net cash flow from operating activities for Q1 2021 was 39,090,487.60 RMB, compared to a net outflow of -41,655,699.91 RMB in Q1 2020, indicating a significant turnaround[28] - The company’s financing activities resulted in a net cash outflow of -8,229,260.02 RMB in Q1 2021, compared to -18,257,388.38 RMB in Q1 2020, showing an improvement in cash management[28] - The company reported a total cash outflow of $50,685,230.10 for the quarter, reflecting ongoing financial challenges[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,341,159,929.27, a decrease of 0.12% compared to the end of the previous year[4] - The total assets as of March 31, 2021, amounted to CNY 3,341.16 million, slightly down from CNY 3,345.21 million at the end of 2020[19] - The total liabilities as of March 31, 2021, were CNY 1,612.39 million, compared to CNY 1,660.45 million at the end of 2020, indicating a reduction in liabilities[20] - Total liabilities amounted to CNY 1,025,264,524.59, a minor decrease from CNY 1,025,670,800.30 at the end of 2020[24] - Shareholders' equity totaled CNY 1,674,190,059.07, compared to CNY 1,674,631,846.89 at the end of 2020, reflecting a stable equity position[24] Operating Costs and Expenses - The company reported a decrease in operating costs by 36.58% to CNY 49,071,435.14 compared to CNY 77,369,856.87 in the previous year[12] - In Q1 2021, the company's operating costs decreased by CNY 28.30 million, a decline of 36.58%, primarily due to reduced sales of office buildings[13] - Sales expenses in Q1 2021 decreased by CNY 5.77 million, a decline of 37.17%, mainly attributed to reductions in advertising, employee salaries, and electricity costs[13] - Management expenses increased by CNY 6.57 million in Q1 2021, an increase of 31.39%, primarily due to higher depreciation costs for self-owned properties[13] - The company incurred sales expenses of 10,360.38 RMB in Q1 2021, significantly lower than 29,136.99 RMB in Q1 2020, indicating improved cost management[27] Future Plans and Strategies - The company plans to continue focusing on market expansion and new product development to drive future growth[4] - The company plans to continue focusing on cost reduction strategies and enhancing operational efficiency to drive future growth[25] Shareholder Information - The number of shareholders at the end of the reporting period was 23,789[9] - The company’s major shareholder, Honglou Group Co., Ltd., holds 36.29% of the shares, with 215,350,000 shares pledged[9] Compliance and Reporting - The company did not apply the new leasing standards for the current reporting period, indicating a potential area for future compliance[33] - There were no adjustments made for prior period comparative data under the new leasing standards, suggesting stability in accounting practices[33] - The company has not issued an audit report for this quarter, which may affect investor confidence[33]

Financial Performance - In 2020, the company's operating revenue was CNY 599,328,578.47, a decrease of 68.16% compared to CNY 1,882,506,936.99 in 2019[19]. - The net profit attributable to shareholders for 2020 was CNY 86,661,524.18, down 64.81% from CNY 246,235,016.29 in 2019[19]. - The net cash flow from operating activities was negative CNY 109,593,465.93, compared to negative CNY 49,098,689.98 in 2019[19]. - The total assets at the end of 2020 were CNY 3,345,214,270.34, a decrease of 10.06% from CNY 3,719,286,272.75 at the end of 2019[19]. - Basic earnings per share for 2020 were CNY 0.112, down 64.89% from CNY 0.319 in 2019[20]. - The weighted average return on equity decreased by 6.23 percentage points to 5.28% in 2020 from 11.51% in 2019[20]. - The company reported a significant decline in both revenue and profit, indicating challenges in its operational environment[19]. - The company faced significant operational challenges due to COVID-19, with retail, hotel, and professional market operations suspended for over a month[38]. - The company reported a revenue of 599.33 million yuan, a decrease of 68.16% compared to 1,882.51 million yuan in the same period last year[37]. - The company reported a net profit of ¥39.24 million from Nanjing Huanbei Company, indicating a positive performance in market operations[69]. Operational Challenges - The company has acknowledged the risks associated with its future plans and strategies, urging investors to be cautious[5]. - The restaurant and hotel business experienced a significant decline, with self-operated revenue dropping to 11.72 million RMB in 2020 from 35.60 million RMB in 2019, reflecting a decrease of approximately 67.06%[31]. - The gross margin for the restaurant and hotel business was -3.72%, significantly impacted by reduced occupancy rates and temporary closures[48]. - The company implemented an online-offline integration strategy, launching an online mall and WeChat shopping to alleviate retail pressure[39]. - The company extended lease terms or reduced rents for merchants in its professional markets during the pandemic to stabilize operations[41]. - The ongoing COVID-19 pandemic has significantly impacted the retail sector, posing risks related to employee and consumer safety, as well as reduced customer traffic and orders[79]. Strategic Initiatives - The company plans to adapt to new consumer demands in the restaurant sector by enhancing product and service offerings, aiming for a recovery in the post-pandemic environment[28]. - The company’s professional market management operations are focused on core business districts in Hangzhou and Nanjing, emphasizing a "rent-only" model to enhance service offerings to merchants[30]. - The company plans to leverage its resources to invest in and cultivate new retail projects, enhancing competitiveness and improving asset operation efficiency[74]. - The company aims to implement a "cloud warehouse" management model to enhance inventory management and distribution efficiency for market vendors[75]. - The company plans to enhance customer engagement through loyalty programs, targeting a 15% increase in repeat purchases[130]. Financial Management - The company reported a net cash flow from operating activities of -¥109,593,465.93, reflecting a significant decline in sales and rental income[53]. - The total cash outflow from financing activities decreased by 83.85% to ¥352,094,477.23 from ¥2,180,247,690.66, mainly due to a decrease in dividend distribution and share repurchase[55]. - The company's cash and cash equivalents decreased by 28.62% to ¥597,822,737.75, down from ¥837,518,708.28, due to reduced operating income and repayment of short-term bank loans[57]. - The company reported a total of CNY 250,474,441.14 in other receivables for 2020, consistent with CNY 250,479,845.91 in 2019[172]. - The company incurred a cash outflow of 300,000,000.00 RMB for debt repayment, highlighting ongoing financial obligations[183]. Shareholder and Governance - The company plans not to distribute profits for the year 2020, considering its current operational status and industry characteristics[4]. - The company has committed to ensuring that related party transactions adhere to principles of equivalence, compensation, and fairness, and will not harm the legitimate rights of shareholders[85]. - The company has engaged Tianjian Accounting Firm (Special General Partnership) with a remuneration of RMB 950,000[89]. - The company has a commitment to prioritize the transfer of business opportunities that may constitute competition to its controlling subsidiary[85]. - The company has not reported any significant accounting policy changes or errors during the reporting period[87]. Market Position and Future Outlook - The company is focusing on upgrading its markets in Hangzhou and Nanjing to align with its "new property" development strategy, including hardware upgrades and data management platform establishment[75]. - The company is expected to continue evaluating its operational capabilities and may consider strategic adjustments in response to the financial challenges faced in 2020[163]. - The management team emphasized the importance of digital transformation, aiming to increase online sales by 30% in the upcoming year[130]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the retail sector[130]. - Future guidance indicates a focus on increasing operational efficiency and profitability[127].

2020 年第三季度报告 公司代码：600738 公司简称：兰州民百 兰州民百（集团）股份有限公司 2020 年第三季度报告 （二次修订版） 1 / 25 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 5 | | 四、 | 附录 | 8 | 2020 年第三季度报告 一、 重要提示 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年 度末增减(%) 总资产 3,473,839,888. 95 3,719,286,272.75 -6.60 归属于上市公司股东的净资产 1,677,542,671. 27 1,598,107,401.42 4.97 归属于上市公司股东的每股净资产（元/股） 2.17 2.07 4.83 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 -85,733,936.78 -41,735,293.14 不适用 每股经营活动产生的现金流量净额（元/股） -0.111 -0.053 不 ...