Financial Performance - In 2018, the company's operating revenue reached CNY 1.93 billion, a significant increase of 457.52% compared to CNY 346.23 million in 2017[19]. - The net profit attributable to shareholders of the listed company was CNY 20.93 million, up 10.31% from CNY 18.98 million in the previous year[19]. - The basic earnings per share for 2018 was CNY 0.164, representing a 10.81% increase from CNY 0.148 in 2017[20]. - The net profit attributable to shareholders was CNY 3.89 million in the first quarter, increasing to CNY 15.08 million in the fourth quarter, indicating a significant growth of approximately 287%[23]. - The total operating revenue for 2018 reached CNY 1,930,315,060.39, a significant increase from CNY 346,233,448.05 in the previous year, representing a growth of approximately 457%[138]. - The total profit for the year was CNY 27,623,728.66, compared to CNY 25,497,590.06 in the previous year, representing a growth of approximately 8.3%[143]. Cash Flow and Financial Position - The company's cash flow from operating activities showed a net outflow of CNY 98.25 million, a decrease of 12,478.14% compared to the previous year, primarily due to prepayments for coke and uncollected receivables[21]. - The net cash flow from operating activities was negative CNY 171.96 million in the first quarter, but improved to positive CNY 85.16 million in the fourth quarter[23]. - The company's cash and cash equivalents decreased from CNY 192,523,578.77 at the beginning of the year to CNY 95,180,525.14 by year-end[129]. - The total cash and cash equivalents at the end of the period amounted to 95,180,525.14 RMB, down from 192,523,578.77 RMB at the beginning of the period[147]. - The company reported a net loss of CNY 86,959,255.39 for the year, an improvement compared to a loss of CNY 107,889,857.51 in the previous year[131]. Assets and Liabilities - The total assets of the company at the end of 2018 were CNY 234.05 million, reflecting a 6.69% increase from CNY 219.38 million at the end of 2017[19]. - The total liabilities decreased from CNY 57,820,309.67 to CNY 50,949,106.91, showing a reduction of about 12%[131]. - The equity attributable to shareholders increased from CNY 161,555,480.36 to CNY 182,486,082.48, marking a growth of approximately 13%[131]. Business Operations and Strategy - The company expanded its supply chain management business, adding fuel oil and steel trading to its product offerings, which contributed to the revenue growth[20]. - The company plans to continue its strategic transformation by combining organic growth with external acquisitions in the future[37]. - The company plans to expand its existing supply chain management business and optimize its business team to enhance profitability[57]. - The company is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[138]. Market Environment and Challenges - The company anticipates continued downward pressure on the coal industry in 2019, with a challenging market environment expected[29]. - The focus on environmental standards is expected to lead to industry consolidation in the coking sector, with smaller firms likely to exit the market due to stricter regulations[30]. - The company acknowledges challenges such as economic slowdown and increased protectionism affecting market expectations[55]. - The company faces risks from economic cycles, particularly due to the pressure of economic slowdown and trade disputes, which could impact performance in the coal and coke trading sectors[60]. Shareholder Information - The number of ordinary shareholders increased from 7,208 to 7,720 during the reporting period[81]. - The largest shareholder, Zhonggeng Real Estate Industrial Group Co., Ltd., holds 40,960,015 shares, accounting for 32.00% of total shares[83]. - The total number of shares held by the top three shareholders is 80,639,985, which constitutes 62.00% of the total shares[83]. Management and Governance - The company has established a performance evaluation system to enhance work efficiency and assess employee performance[101]. - The board of directors consists of 9 members, including 3 independent directors, and has established several specialized committees[105]. - The company has maintained a consistent management structure with no new appointments or departures during the reporting period[92]. Related Party Transactions - The company sold raw coal to related parties for a total amount of CNY 149,653,155.67 and steel to another related party for CNY 74,942,379.87, with total related party sales amounting to CNY 224,595,535.54, representing 11.64% of total operating revenue[121]. - The anticipated related party transactions with Weitian Chemical and its subsidiary, Tengda Coking, are projected to be up to 300 million CNY, representing 7.76% of similar transactions[71]. Compliance and Audit - The company received an unqualified audit opinion for its financial statements for the year ended December 31, 2018[115]. - The audit was conducted in accordance with Chinese CPA auditing standards, ensuring independence and adherence to ethical responsibilities[116].

| 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 | 8 | 2018 年第三季度报告 2018 年第三季度报告 公司代码：600753 公司简称：东方银星 河南东方银星投资股份有限公司 2018 年第三季度报告 1 / 21 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人梁衍锋主管会计工作负责人石春兰及会计机构负责人（会计主管人员）刘静保证 季度报告中财务报表的真实、准确、完整。 2.1 主要财务数据 3 / 21 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 253,950,482.42 219,375,790.03 15.76 归属于上市公司 股东的净资产 167, ...

Financial Performance - The company's operating revenue for the first half of 2018 reached approximately RMB 1,120 million, a significant increase of 1,938.55% compared to RMB 54.94 million in the same period last year[17]. - Net profit attributable to shareholders for the first half of 2018 was RMB 4.27 million, representing a growth of 108.92% from RMB 2.04 million in the previous year[17]. - The basic earnings per share increased to RMB 0.033, up 106.25% from RMB 0.016 in the same period last year[17]. - The company achieved operating revenue of CNY 1,120,006,267.99 in the first half of 2018, an increase of 1,938.55% compared to the same period last year[29]. - The net profit attributable to shareholders was CNY 4,268,200, representing a growth of 108.92% year-on-year[29]. - The total comprehensive income for the period reached ¥4,268,190.36, compared to ¥2,042,978.14 in the previous period, indicating a significant increase[83]. Business Expansion - The company expanded its trading business by adding fuel oil and steel trading, contributing to the substantial revenue growth[17]. - The company expanded its trading varieties to include fuel oil and steel/building materials, contributing to significant revenue growth[31]. - The company plans to acquire Hong Kong Qifan, which will enhance its understanding of the industrial real estate sector and support its dual business strategy[30]. - The company reported a significant increase in sales volume and profitability due to the expansion of its trading business and strategic partnerships[27]. Financial Position - Total assets increased by 26.51% to RMB 277.53 million from RMB 219.38 million at the end of the previous year[17]. - The net assets attributable to shareholders increased by 2.64% to RMB 165.82 million compared to RMB 161.56 million at the end of the previous year[17]. - The company's total equity as of June 30, 2018, was CNY 148,660,546.18, slightly down from CNY 150,606,487.12 at the beginning of the year, a decrease of about 1%[79]. - The total assets of the company as of June 30, 2018, amounted to CNY 277,528,521.17, an increase from CNY 219,375,790.03 at the beginning of the period[72]. Cash Flow - The net cash flow from operating activities was negative at RMB -53.75 million, a decline of 3,092.48% compared to RMB -1.68 million in the previous year[17]. - The company's cash and cash equivalents decreased to CNY 138,344,035.16 from CNY 192,523,578.77, reflecting a decline of approximately 28.14%[72]. - The net cash flow from operating activities decreased significantly due to increased business volume leading to prepayments and receivables[32]. - Cash flow from operating activities generated a net outflow of ¥53,754,980.46, compared to a smaller outflow of ¥1,683,800.68 in the previous period[88]. Expenses and Liabilities - The company's management expenses increased by 69.25% year-on-year, reflecting investments in talent acquisition and team stability[31]. - Sales expenses rose significantly due to the expansion of bulk trading varieties and the introduction of a professional sales team, which was not present in the same period last year[32]. - The total current liabilities increased to CNY 43,719,375.34 in prepayments from CNY 264,796.10, showing a substantial rise in liabilities[73]. - The company reported a total of CNY 38,238,872.01 in accounts payable, up from CNY 23,143,401.36, reflecting increased operational liabilities[73]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,029[65]. - The largest shareholder, Zhonggeng Real Estate Industrial Group Co., Ltd., held 40,960,015 shares, representing 32.00% of the total shares[67]. - The company has no preferred shareholders, indicating a straightforward equity structure[69]. - The company has terminated the concerted action agreement with Shanghai Jieyu Asset Management Co., Ltd., indicating a shift in shareholder dynamics[69]. Government Support - The company received government subsidies of RMB 1.8 million during the reporting period, which were included in other income[18]. - The company received government support funds of 1.8 million RMB from the Ningbo Free Trade Zone, which had a significant impact on net profit[33]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the report[5]. Corporate Governance - The company appointed Jiang Huaming as the new General Manager and Wang Huanqing as the new Deputy General Manager, following the resignation of Chen Junjin and Jiang Huaming from their previous roles[45]. - The company plans to establish two wholly-owned subsidiaries with registered capital of 50 million RMB and 10 million RMB, respectively, to enhance its business operations[37]. Accounting Policies - The company has established a comprehensive financial reporting framework in compliance with the relevant accounting standards and regulations[107]. - The company recognizes deferred tax assets related to deductible temporary differences if new information indicates that the economic benefits can be realized within 12 months post-acquisition, reducing goodwill accordingly[117]. - The company uses the balance sheet liability method to recognize deferred tax assets and liabilities based on temporary differences between the carrying amount of assets and liabilities and their tax bases[196].

Financial Performance - Operating revenue reached CNY 577,842,709.92, a significant increase of 6,998,082.28% year-on-year[6] - Net profit attributable to shareholders was CNY 3,876,057.17, representing a 516.11% increase compared to the same period last year[6] - Basic and diluted earnings per share both rose to CNY 0.030, an increase of 528.57% from the previous year[6] - The company reported non-recurring gains of CNY 12,341.80 during the period[8] - The company reported a net loss of CNY 104,004,543.99, slightly improved from a loss of CNY 107,889,857.51 in the previous period[23] - The net profit for the first quarter of 2018 was CNY 3,885,313.52, compared to a net loss of CNY 931,506.73 in the previous period, indicating a significant turnaround[30] - The total comprehensive income for the first quarter was CNY 3,885,313.52, compared to a comprehensive loss of CNY 931,506.73 in the previous period[30] Assets and Liabilities - Total assets increased by 8.03% to CNY 236,982,058.94 compared to the end of the previous year[6] - Current assets totaled CNY 228,970,573.77, up from CNY 211,338,761.37, reflecting a growth of about 8.3%[21] - Total liabilities rose to CNY 71,541,265.06 from CNY 57,820,309.67, marking an increase of approximately 23.7%[23] - The company’s total equity increased to CNY 165,440,793.88 from CNY 161,555,480.36, reflecting a growth of about 2.4%[23] Cash Flow - Cash flow from operating activities showed a negative net amount of CNY -171,963,033.79, a decline of 4,726.16% year-on-year[6] - The net cash flow from operating activities significantly decreased compared to the same period last year, primarily due to uncollected receivables and advance payments made[13] - The cash flow from operating activities showed a net outflow of CNY 171,963,033.79, compared to a net outflow of CNY 3,563,147.03 in the previous period[36] - The total cash outflow from operating activities was 107,813,525.00 RMB, compared to 4,316,074.86 RMB in the previous period, reflecting increased operational expenditures[39] - The company experienced a net decrease in cash and cash equivalents of 83,531,224.30 RMB during the quarter[40] Shareholder Information - The total number of shareholders reached 5,166 by the end of the reporting period[9] - The largest shareholder, Zhonggeng Real Estate Industrial Group, holds 32% of the shares, amounting to 40,960,015 shares[9] Operational Insights - Revenue from operations saw significant growth, attributed to the company's strong sales of fuel oil and coking coal[13] - Cash and cash equivalents decreased by 89.35% compared to the beginning of the year, primarily due to a significant increase in business activities[11] - Accounts receivable increased by 100% compared to the beginning of the year, mainly due to uncollected receivables at the end of the reporting period[12] - Accounts payable increased by 46.82% (approximately 10 million RMB) compared to the beginning of the year, due to outstanding payments to suppliers[13] - Prepaid accounts increased by approximately 19 million RMB, reflecting an increase in business volume and advance payments for procurement[13] Strategic Developments - The company is in the process of a major asset restructuring, with plans to acquire 40% equity in Initial Point Investment Limited[15] - The company plans to establish a joint venture with Ningbo Zhongkai Run Trading Co., Ltd. to enhance its trading capabilities in coal, coke, and steel[16] - The company aims to leverage the resources and expertise of Ningbo Zhongkai Run to enhance its market competitiveness and expand its main business[17] Financial Management - Financial expenses increased by 98% compared to the same period last year, mainly due to reduced income from bank time deposits[13] - The company incurred management expenses of CNY 166,144.49, significantly lower than the previous period's CNY 2,226,416.07[31] - The financial expenses for the quarter were reported at CNY -15,475.70, compared to CNY -1,572,330.34 in the previous period, indicating improved financial management[31]

Financial Performance - In 2017, the company's operating revenue was CNY 346,233,448.05, representing a significant increase of 1,051.58% compared to CNY 30,066,055.23 in 2016[20] - The net profit attributable to shareholders of the listed company for 2017 was CNY 18,975,034.87, a 623.45% increase from CNY 2,622,865.01 in 2016[20] - The basic earnings per share for 2017 was CNY 0.148, a substantial increase of 640% compared to CNY 0.020 in 2016[21] - The weighted average return on net assets for 2017 was 12.48%, an increase of 10.62 percentage points from 1.86% in 2016[21] - The company reported a total non-recurring profit of 8,814,846.55 RMB in 2017, compared to 8,145,607.78 RMB in 2016[26] - The company achieved a total comprehensive income of CNY 8,026,041.63 for the year, compared to CNY 2,622,865.01 in the previous year[146] Assets and Liabilities - The company's total assets at the end of 2017 were CNY 219,375,790.03, reflecting a 6.39% increase from CNY 206,208,540.34 at the end of 2016[20] - The net assets attributable to shareholders of the listed company increased by 13.31% to CNY 161,555,480.36 at the end of 2017, up from CNY 142,580,445.49 in 2016[20] - Current liabilities totaled CNY 57,820,309.67, a decrease from CNY 63,628,094.85 in the previous year, showing a reduction of about 9.3%[138] - The total current assets increased to RMB 211.34 million from RMB 201.32 million at the beginning of the year[136] - Cash and cash equivalents decreased to CNY 90,757,355.44 from CNY 183,787,880.47, a decline of approximately 50.7%[139] Cash Flow - The company reported a net cash flow from operating activities of CNY -781,152.43 in 2017, an improvement from CNY -22,040,141.36 in 2016[20] - The cash inflow from operating activities totaled CNY 576,142,234.51, compared to CNY 37,178,084.79 in the previous year, indicating a substantial increase[148] - The cash outflow from operating activities totaled 389,757,985.09 RMB, compared to 59,218,226.15 RMB in the previous year[151] - Investment activities generated a net cash flow of 140,670,405.48 RMB, a recovery from -189,950,262.06 RMB in the previous period[152] Business Strategy and Development - The company plans to expand its commodity trading business, focusing on coal and coke products, while also exploring opportunities in the real estate sector[29] - The company aims to develop a dual business model combining bulk commodity trading supply chain management and industrial real estate development[29] - The company plans to gradually initiate industrial real estate development, leveraging the resources and experience of its controlling shareholder in the real estate sector[39] - The company plans to expand its product offerings in bulk commodity trading and extend into supply chain management and commercial factoring, with a focus on internal growth and external acquisitions[56] Risks and Challenges - The company faces risks from macroeconomic fluctuations and policy interventions, which may impact operational strategies and require adjustments[59] - The company acknowledges the risk of coal price and freight fluctuations affecting inventory value and profitability, planning to use hedging tools to mitigate these risks[59] - The company recognizes the competitive risks in the coal industry and aims to enhance its competitive strength through industry integration and diversification[60] Shareholder Information - The largest shareholder, Zhonggeng Real Estate Industrial Group, holds 40,960,015 shares, representing 32% of the total shares, with all shares pledged[85] - The total number of ordinary shareholders at the end of the reporting period was 5,166, an increase from 5,036 at the end of the previous month[83] - The company has not conducted any profit distribution or capital reserve transfers during the reporting period[62] Governance and Management - The company has appointed Zhongshen Yatai Accounting Firm as the financial audit and internal control audit institution for the fiscal year 2017, with audit fees of RMB 300,000 and internal control audit fees of RMB 100,000[68] - The company has established a performance evaluation system to enhance work efficiency and assess employee performance[105] - The total compensation for the board members and senior management amounted to 210.54 million yuan[97] Related Party Transactions - The company sold raw coal to related parties, generating a net income of RMB 133.04 million, which represented 38.43% of total operating revenue[123] - In 2017, the company purchased coke from related parties for RMB 132.39 million, accounting for 40.86% of total coke purchases[123] - The company has implemented internal controls to regularly review related party transactions and ensure their fair pricing[124] Compliance and Audit - The company’s independent auditor confirmed that the financial statements fairly reflect its financial position as of December 31, 2017[117] - The company has not reported any significant internal control deficiencies during the reporting period[113] - The company’s financial statements comply with the relevant accounting standards and accurately reflect its financial position as of December 31, 2017[175]

Financial Performance - Operating revenue surged by 844% to CNY 222,937,455.60 for the year-to-date period[6] - Net profit attributable to shareholders was CNY 7,141,141.14, a significant recovery from a loss of CNY 4,467,880.65 in the same period last year[6] - Basic and diluted earnings per share improved to CNY 0.056, compared to a loss of CNY 0.035 per share in the same period last year[7] - Total revenue for the third quarter reached ¥167,996,150.76, a significant increase from ¥7,528,067.50 in the same period last year[25] - Net profit for the third quarter was ¥5,098,163.00, a recovery from a net loss of ¥910,661.63 in the same period last year[27] - Net profit for the first nine months of 2017 reached CNY 1,806,579.65, compared to a net loss of CNY 4,467,880.65 in the previous year[29] Cash Flow - Net cash flow from operating activities reached CNY 11,003,736.74, a turnaround from a negative cash flow of CNY 19,343,065.47 in the previous year[6] - Cash flow from operating activities generated a net inflow of CNY 11,003,736.74, a recovery from a net outflow of CNY 19,343,065.47 in the same period last year[32] - The net cash flow from operating activities for the year-to-date period is -$124.21 million, compared to -$19.34 million in the same period last year, indicating a significant decline[35] - Total cash inflow from operating activities reached $304.64 million, a substantial increase from $31.35 million year-over-year[35] - Cash outflow from operating activities totaled $428.85 million, compared to $50.69 million in the previous year, reflecting increased operational expenditures[35] Assets and Liabilities - Total assets increased by 4% to CNY 213,715,264.88 compared to the end of the previous year[6] - Total assets as of September 30, 2017, amounted to ¥226,198,733.91, up from ¥206,208,540.34 at the beginning of the year[22] - Total liabilities increased to ¥81,811,708.77 from ¥63,628,094.85 at the start of the year, reflecting a rise in financial obligations[23] - Cash and cash equivalents decreased by 65% compared to the beginning of the year, primarily due to the company's participation in treasury bond reverse repurchase transactions using its own funds[12] - Cash and cash equivalents at the end of Q3 2017 were CNY 64,944,635.20, down from CNY 183,380,347.42 at the end of the previous year[33] Shareholder Information - The total number of shareholders reached 6,289 by the end of the reporting period[10] - The largest shareholder, Zhonggeng Real Estate Group, holds 32% of the shares, with 40,960,015 shares pledged[10] Investment Activities - Investment income increased by approximately 410,000 RMB, a rise of 596%, due to returns from treasury bond reverse repurchase transactions[13] - Long-term equity investments were reported at ¥50,000,000.00, indicating a strategic focus on long-term growth[22] - Investment activities resulted in a net cash outflow of CNY 129,846,982.01, compared to a smaller outflow of CNY 13,054,871.00 in the previous year[32] Other Financial Metrics - Non-recurring gains and losses for the year-to-date period totaled CNY 644,487.17[8] - Financial assets measured at fair value increased by approximately 140 million RMB, attributed to the company's trading financial management activities[13] - Other receivables decreased by approximately 431,000 RMB, a reduction of 93%, mainly due to the recovery of other receivables secured by real estate[13] - Tax payable increased by approximately 1.5 million RMB, a rise of 153%, due to increased corporate income tax resulting from higher operating profits[13] - The company recorded operating expenses of CNY 406,749.46 for Q3 2017, a decrease from CNY 5,236,934.97 in the same period last year[28]

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 54,941,304.84, representing a 241.54% increase compared to CNY 16,086,216.38 in the same period last year[15]. - The net profit attributable to shareholders was CNY 2,042,978.14, a significant recovery from a loss of CNY 3,557,219.02 in the previous year[15]. - Basic earnings per share improved to CNY 0.016 from a loss of CNY 0.028 in the same period last year[16]. - The company reported a turnaround in operating performance in the first half of 2017, achieving profitability after previous losses, indicating an improvement in its ongoing business capabilities[42]. - The company reported a total revenue of 12,826,993 RMB for the first half of 2017, representing a 4.0% increase compared to the previous period[159]. - The total comprehensive income for the current period is 2,042,978.14, reflecting a significant increase compared to the previous period[82]. Cash Flow and Management - The net cash flow from operating activities improved to -CNY 1,683,800.68, compared to -CNY 14,386,630.30 in the same period last year, indicating better cash management[15]. - Operating cash inflow for the first half of 2017 was CNY 225,565,052.74, a significant increase from CNY 20,405,766.41 in the same period last year, representing an increase of approximately 1006%[74]. - Cash inflow from other operating activities amounted to CNY 161,293,387.14, up from CNY 1,529,109.23, indicating a growth of over 10,500%[75]. - The total cash and cash equivalents at the end of the period were CNY 192,199,895.80, compared to CNY 201,359,800.59 at the end of the previous period, showing a decrease of approximately 4%[76]. - The company reported a cash increase of CNY 8,412,015.33 during the period, contrasting with a cash decrease of CNY 14,418,483.30 in the previous year[76]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 207,177,125.14, a slight increase of 0.47% from CNY 206,208,540.34 at the end of the previous year[15]. - The total liabilities as of June 30, 2017, were CNY 62,553,701.51, down from CNY 63,628,094.85 at the beginning of the period, indicating a reduction in liabilities[63]. - The total equity attributable to shareholders of the parent company was CNY 144,623,423.63, up from CNY 142,580,445.49 at the beginning of the period[63]. - The accounts receivable as of June 30, 2017, included CNY 5,950,000.00 in interest receivable, up from CNY 2,813,424.66, representing a significant increase[61]. - The total amount of other receivables stands at ¥29,624,264, with a 100% provision for bad debts[157]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,535[51]. - The largest shareholder, Zhonggeng Real Estate Group, holds 40,960,015 shares, accounting for 32.00% of the total shares[53]. - The second largest shareholder, Yushang Group, holds 28,823,378 shares, representing 22.52% of the total shares[53]. - The company reported no changes in its total share capital and structure during the reporting period[50]. Business Strategy and Development - The company plans to restart its real estate business, leveraging the resources and experience of its new controlling shareholder, Zhonggeng Group, which ranked 65th among China's top 500 real estate developers[24]. - The company aims to expand its trade variety and upstream and downstream customer resources to solidify its trade business[27]. - The company has begun participating in land auctions in Fuzhou, indicating a gradual restart of its real estate project development[27]. - The company plans to develop a more professional trade team and real estate team to support its dual business model of commodity trading and real estate development[27]. Government Support and Subsidies - The company received government subsidies amounting to CNY 500,000.00 during the reporting period[18]. - The company signed a strategic cooperation agreement with its controlling shareholder, Zhonggeng Group, to provide loans and guarantees totaling up to RMB 3.5 billion for real estate development and operations[47]. Accounting and Financial Policies - There were no significant changes in accounting policies or estimates compared to the previous accounting period[49]. - The company adheres to the accounting standards set by the Ministry of Finance, ensuring that financial statements accurately reflect its financial status and operational results[97]. - The company applies the current exchange rate for foreign currency transactions on the transaction date, with any resulting exchange differences recognized in the current period's profit or loss[106]. Employee and Management Expenses - Management expenses totaled ¥3,622,294.18 for the current period, up from ¥2,711,306.76 in the previous period, showing a rise of approximately 33.6%[199]. - Employee compensation within management expenses was ¥1,758,443.09, which is nearly double the previous period's ¥905,870.54, highlighting increased investment in human resources[199]. - The company's short-term employee compensation decreased from CNY 296,315.84 to CNY 260,667.82, a reduction of approximately 12%[182].

Financial Performance - Operating revenue for the reporting period was CNY 8,257.04, representing a significant decrease of 99.87% year-on-year [6]. - Net profit attributable to shareholders was CNY -931,506.73, a decline of 4,080.59% compared to the previous year's profit of CNY 23,401.21 [6]. - The weighted average return on net assets decreased by 0.68 percentage points to -0.66% [6]. - Basic and diluted earnings per share were both CNY -0.0073, a decrease of 3,750% compared to the previous year's earnings of CNY 0.0002 [6]. - Total operating revenue for Q1 2017 was CNY 8,257.04, a significant decrease from CNY 6,435,254.24 in the previous period [22]. - Net profit for Q1 2017 was a loss of CNY 931,506.73, compared to a profit of CNY 23,401.21 in the same period last year [24]. - The total comprehensive income for Q1 2017 was a loss of CNY 931,506.73, compared to a gain of CNY 23,401.21 in the previous period [27]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 203,584,115.59, a decrease of 1.27% compared to the end of the previous year [6]. - The company reported a total asset of CNY 203,584,115.59 as of March 31, 2017, down from CNY 206,208,540.34 at the beginning of the year, indicating a decrease of approximately 1.5% [14]. - Current assets totaled CNY 198,756,124.75, a decrease of about 1.8% from CNY 201,318,616.24 at the start of the year [15]. - The company's total liabilities amounted to CNY 61,935,176.84, down from CNY 63,628,094.85, representing a decrease of about 2.7% [17]. - The company’s equity attributable to shareholders was CNY 141,648,938.75, a slight decline from CNY 142,580,445.49, indicating a decrease of approximately 0.7% [17]. - The total liabilities and equity combined were CNY 203,584,115.59, compared to CNY 206,208,540.34 in the previous period [21]. Shareholder Information - The total number of shareholders at the end of the reporting period was 7,430 [8]. - The top shareholder, Zhonggeng Real Estate Group Co., Ltd., held 38,374,400 shares, accounting for 29.98% of the total shares [8]. - The transfer of 38,374,400 shares from Jincheng Dongxin Building Materials Trading Co., Ltd. to Zhonggeng Real Estate Group was completed on March 24, 2017 [10]. Operational Changes and Strategy - The company did not conduct any trade business during the reporting period due to significant shareholder equity transfer matters, leading to a substantial decline in revenue [9]. - Changes in the board of directors and supervisors occurred due to resignations for personal reasons, with new candidates nominated for election [10]. - The company aims to improve its operational situation and sustainable development by integrating quality resources and expanding its main business in building materials trade [11]. - The board acknowledges the uncertainty regarding the company's ability to continue as a going concern and emphasizes the need for time to validate and plan improvements [11]. - The company plans to leverage its reputation as a listed entity to seek quality partners and enhance profitability in its trade business [11]. - The company continues to focus on its core business while exploring opportunities for market expansion and potential partnerships [11]. Cash Flow and Expenses - Cash generated from operating activities was CNY 7,529,247.78, with no prior period data provided [29]. - Operating cash inflow totaled CNY 752,927.83, a decrease from CNY 8,269,399.47 in the previous period [30]. - Total operating cash outflow was CNY 4,316,074.86, down from CNY 9,931,376.46 year-over-year [30]. - Net cash flow from operating activities was negative CNY 3,563,147.03, compared to negative CNY 1,661,976.99 in the prior year [30]. - Cash flow from investment activities generated a net inflow of CNY 5,069,808.22, contrasting with a net outflow of CNY 24,737.00 previously [32]. - The net increase in cash and cash equivalents was CNY 1,506,661.19, compared to a decrease of CNY 1,686,713.99 in the same period last year [32]. - Payments to employees increased to CNY 1,317,494.61 from CNY 685,067.08 year-over-year [30]. - Payments for taxes rose to CNY 1,206,350.06, compared to CNY 631,127.19 in the prior year [30].

2016 年年度报告 公司代码：600753 公司简称：东方银星 河南东方银星投资股份有限公司 2016 年年度报告 重要提示 强调事项为：我们提醒财务报表使用者关注，东方银星公司现阶段处于转型期，仅有少量建 材贸易业务，东方银星公司已披露了拟采取的改善措施，但其持续经营能力仍然存在一定的不确 定性。本段内容不影响已发表的审计意见。 四、 公司负责人王文胜、主管会计工作负责人蒋华明及会计机构负责人（会计主管人员）杨道冕 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经信永中和会计师事务所（特殊普通合伙）审计，2016归属于母公司所有者的净利润 2,622,865.01元，加上年初未分配利润-129,487,757.39元，期末可供分配利润为-126，864， 892.38元。由于公司累计未分配利润为负数，本年度公司拟不进行利润分配，资本公积不转增股 本。 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请投 资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用 ...

2016 年第三季度报告 公司代码：600753 公司简称：东方银星 河南东方银星投资股份有限公司 2016 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 8 | 2016 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。 1.3 公司负责人王文胜、主管会计工作负责人蒋华明及会计机构负责人（会计主管人员）杨道冕 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司主要财务数据和股东变化 2.1 主要财务数据 3 / 20 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 209,339,277.43 230,555,378.28 -9.20 归属于 ...