证券代码：600778 证券简称：友好集团 公告编号：临 2023-025 新疆友好（集团）股份有限公司 关于董事辞职的公告 新疆友好（集团）股份有限公司董事会 2023 年 8 月 11 日 新疆友好（集团）股份有限公司（以下简称"公司"或"本公司"）董事会 于 2023 年 8 月 10 日收到董事汪晖先生的书面辞职报告，汪晖先生因个人原因申 请辞去公司董事职务。汪晖先生在辞职报告中确认与本公司董事会无不同意见， 亦无任何其他事项需要通知本公司股东。根据《公司法》及《公司章程》的有关 规定，汪晖先生的辞职自辞职报告送达公司董事会之日起生效。 公司董事会对汪晖先生在担任公司董事期间所做的工作表示衷心感谢。 汪晖先生的辞职未导致本公司董事人数低于法定最低人数，不影响本公司董 事会各项工作的开展。鉴于《公司章程》规定的董事会董事人数为 9 名，公司董 事会将按照相关规定尽快完成董事补选工作。 特此公告。 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 ...

证券代码：600778 证券简称：友好集团 公告编号：临 2023-021 新疆友好（集团）股份有限公司 关于参加 2023 年新疆辖区上市公司投资者网上集体接待日 活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 为进一步加强与投资者的互动交流，便于广大投资者更加深入全面地了解公 司治理、发展战略、经营状况、可持续发展等，公司将于 2023 年 6 月 16 日参加 由新疆证监局、新疆上市公司协会与深圳市全景网络有限公司联合举办的 2023 年新疆辖区上市公司投资者网上集体接待日活动。活动时间为 2023 年 6 月 16 日（星期五）下午 15:30-18:00（北京时间），活动采取网络远程的方式举行， 投资者可登录"全景路演"网站（http://rs.p5w.net），或关注微信公众号"全 景财经"，或下载全景路演 APP，在线参与本次互动交流。 公司出席本次投资者网上集体接待日活动的人员有：董事长勇军先生、副总 经理兼董事会秘书石磊先生、总会计师韩建伟先生。欢迎广大投资者积极参与。 特此公告。 新疆友好（集团 ...

证券代码：600778 证券简称：友好集团 公告编号：临 2023-019 新疆友好（集团）股份有限公司 关于召开 2022 年度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 二、说明会召开的时间、地点 （一）会议召开时间：2023 年 5 月 29 日（星期一）11:00-12:00（北京时间） （二）会议召开地点：上海证券交易所上证路演中心 ●会议召开时间：2023 年 5 月 29 日（星期一）11:00-12:00（北京时间） ●会议召开地点：上海证券交易所上证路演中心 （http://roadshow.sseinfo.com） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2023 年 5 月 26 日 16:00 前登录上证路演中心网站，点击"提 问预征集"栏目提问或通过公司邮箱（yhjt600778@163.com）以邮件形式进行提 问，公司将在说明会上对投资者普遍关注的问题进行回答。 新疆友好（集团）股份有限公司（以下简称"公司")已于 2022 年 4 月 27 日 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 541,907,558.76, a decrease of 3.94% compared to the same period last year[3]. - Net profit attributable to shareholders was CNY 46,242,437.70, an increase of 298.34% year-on-year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 45,590,212.86, up 1108.95% from the previous year[3]. - Basic earnings per share were CNY 0.1485, reflecting a year-on-year increase of 298.12%[3]. - Total revenue for Q1 2023 was CNY 541.91 million, a decrease of 3.9% compared to CNY 564.11 million in Q1 2022[19]. - Operating profit for Q1 2023 increased to CNY 47.68 million, compared to CNY 14.44 million in Q1 2022, representing a growth of 230.5%[19]. - The company reported a net profit of CNY 48.04 million for Q1 2023, a significant increase from CNY 13.49 million in Q1 2022[19]. - The net profit for Q1 2023 was CNY 48,041,950.90, compared to CNY 13,490,271.24 in Q1 2022, representing a significant increase[20]. - The net profit attributable to shareholders of the parent company was CNY 46,242,437.70, up from CNY 11,608,884.54 in the same period last year[20]. - Total comprehensive income for Q1 2023 reached CNY 49,043,036.54, compared to CNY 14,198,234.06 in Q1 2022, indicating strong growth[20]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.1485, compared to CNY 0.0373 in Q1 2022, reflecting improved profitability[20]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,148,026,378.72, a decrease of 2.51% from the end of the previous year[3]. - Total assets as of March 31, 2023, were CNY 4.15 billion, down from CNY 4.25 billion at the end of 2022, a decrease of 2.6%[15]. - Total liabilities decreased to CNY 3.75 billion from CNY 3.91 billion, a reduction of 3.9%[15]. - Shareholders' equity attributable to the parent company increased by 14.16% to CNY 380,873,704.35[3]. Cash Flow - The net cash flow from operating activities was CNY 106,311,537.38, a slight decrease of 1.28% compared to the previous year[3]. - Cash inflow from operating activities was CNY 1,340,097,623.09, down from CNY 1,619,350,915.80 in Q1 2022[22]. - Cash outflow from operating activities totaled CNY 1,233,786,085.71, compared to CNY 1,511,661,853.86 in the previous year[22]. - The company’s cash flow from operating activities showed improvement, contributing positively to the overall financial health[19]. - The ending cash and cash equivalents balance was CNY 196,607,707.87, down from CNY 361,374,109.85 at the end of Q1 2022[23]. - Cash and cash equivalents decreased to CNY 196.61 million from CNY 254.95 million, a decline of 22.8%[13]. Investments and Non-Recurring Items - Non-recurring gains and losses totaled CNY 652,224.84, with significant contributions from government subsidies and investment income[5]. - Long-term equity investments rose to CNY 362.39 million from CNY 361.61 million, a marginal increase of 0.2%[13]. - The net cash flow from investing activities was CNY 1,513,930.98, a recovery from a net outflow of CNY 40,185,216.91 in Q1 2022[23]. Operational Strategy - The company plans to continue focusing on improving gross margins and reducing expenses to sustain growth in profitability[3].

Financial Performance - In 2022, the company reported a net profit of -218,342,076.75 RMB, a significant decline compared to -50,523,095.53 RMB in 2021, indicating a worsening financial performance[21]. - Total revenue for 2022 was 1,440,209,648.95 RMB, down 27% from 1,972,755,618.83 RMB in 2021[21]. - The company's net cash flow from operating activities decreased by 61.83% to 91,481,099.86 RMB, compared to 239,671,760.15 RMB in the previous year[21]. - The total assets of the company at the end of 2022 were 4,254,841,663.10 RMB, a decrease of 15.46% from 5,032,835,331.48 RMB in 2021[21]. - The company's net assets attributable to shareholders fell by 39.46% to 333,630,181.01 RMB from 551,128,649.16 RMB in 2021[21]. - Basic earnings per share for 2022 were -0.7010 RMB, compared to -0.1622 RMB in 2021, reflecting a decline in profitability[22]. - The weighted average return on equity decreased to -49.36% in 2022 from -8.77% in 2021, indicating a significant drop in financial efficiency[22]. - The net profit attributable to shareholders was RMB -215,542,970.75, compared to a profit of RMB 66,155,891.68 in 2021[28]. - The company reported a total of RMB 71,450,253.79 in non-recurring gains and losses for 2022, a significant improvement from the previous year's loss of RMB 29,082,497.74[26]. - The company reported a net profit decrease for several subsidiaries, including a 14.25 million yuan loss from land and property disposals in the previous year[79]. Revenue and Sales - In 2022, the company's operating revenue was RMB 1,440,209,648.95, a decrease of 30.1% compared to the previous year[30]. - The company achieved operating revenue of CNY 1,440,209,648.95, a decrease of 27.00% compared to the previous year's CNY 1,972,755,618.83[40]. - The company's self-operated sales revenue was CNY 818.76 million, down 18.44% year-on-year[45]. - The company's convenience store segment experienced a sales decline of 20.96% compared to the previous year, with an annual sales revenue of 5,516.10 RMB per square meter[67]. - The retail sales in Xinjiang decreased by 9.6% in 2022, indicating a challenging market environment[33]. - The company's retail sales in Urumqi decreased by 29.02%, with a gross profit margin of 16.47%[44]. - The average sales per square meter for department stores decreased by 31.57% to 24,142.46 RMB, while shopping centers saw a decline of 25.99% to 4,685.31 RMB[67]. Operational Changes - The company introduced 124 new brands and eliminated 237 brands in its department store segment during 2022[30]. - The company conducted 11 large-scale marketing events throughout the year to adapt to changing consumer demands[31]. - The company has shifted its business model to focus more on leasing, gradually increasing the proportion of leased operations[37]. - The company has established long-term stable partnerships with numerous suppliers and merchants, enhancing its strategic resources for sustainable development[37]. - The company has implemented strategies to manage inventory, including promotional activities to clear excess stock and increase cash flow[72]. - The company plans to adjust its logistics center design based on smart logistics trends and market demand, with construction to be advanced as conditions allow[75]. Market Outlook - The outlook for 2023 suggests a significant rebound in national consumption, with expectations for increased consumer spending driving economic growth[35]. - The company plans for a certain increase in operating revenue in 2023, excluding non-comparable factors related to store changes[85]. - The company is focusing on attracting new customer groups and enhancing market competitiveness through strategic brand adjustments and innovative consumption scenarios[86]. - The company is committed to expanding its product categories, particularly in pre-packaged and organic foods, to meet changing consumer demands[87]. - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 12% driven by new product launches and market expansion strategies[105]. Governance and Compliance - The company held a total of 4 shareholder meetings during the reporting period, ensuring compliance with legal and regulatory requirements to protect the rights of all shareholders, especially minority shareholders[99]. - The board of directors consists of 9 members, including 4 independent directors, ensuring a fair and transparent election process and adherence to legal requirements[93]. - The supervisory board held 5 meetings during the reporting period, fulfilling its oversight responsibilities regarding the company's financial status and compliance of management actions[94]. - The company has established independent operational and management models to ensure its independence from the controlling shareholder, Dashi Group[95]. - The company has improved its governance structure and internal control systems in compliance with relevant laws and regulations, enhancing operational quality[92]. - The company actively engages with investors through various communication channels, including performance briefings and online Q&A sessions[94]. Social Responsibility and Community Engagement - The company made a total social responsibility investment of 1.179 million yuan, with 1.179 million yuan allocated for material donations to specific villages[139]. - The company created 195 new jobs during the reporting period, including 141 positions for college graduates, contributing to local economic development[142]. - A total of 355,300 yuan was invested in poverty alleviation and rural revitalization projects, including 101,200 yuan for educational support benefiting 143 students[143]. - The company has actively participated in social welfare activities, including donations for education and assistance to underprivileged communities[142]. Financial Audit and Reporting - The audit opinion confirmed that the financial statements fairly reflect the financial position and operating results of Youhao Group as of December 31, 2022[188]. - The financial report was prepared in accordance with the accounting standards, ensuring fair representation of the company's financial status[188]. - The management is responsible for maintaining necessary internal controls to prevent material misstatements in the financial statements[193]. - The internal control systems related to sales cycles were evaluated and tested for effectiveness during the audit[190]. Employee and Management Structure - The total number of employees in the parent company is 2,486, with a combined total of 2,775 employees including major subsidiaries[123]. - The company has 1,520 sales personnel, 268 technical personnel, 139 financial personnel, and 848 administrative personnel[123]. - The total remuneration for the board members and senior management during the reporting period amounted to CNY 742.39 million[101]. - The company appointed a new deputy general manager and chief accountant during the reporting period[112]. Strategic Initiatives - The company is focused on expanding its market presence and enhancing its product offerings[110]. - The company has made strategic decisions regarding mergers and acquisitions to strengthen its market position[110]. - The company is committed to improving operational efficiency and financial performance[110]. - The company plans to continue its expansion strategy in the coming years[110].

友好集团 2022 年第三季度报告 证券代码：600778 证券简称：友好集团 新疆友好(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 □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 项目 本报告期 本报告期比上 年同期增减变 动幅度(%) 年初至报告期末 年初至报告期末 比上年同期增减 变动幅度(%) 营业收入 272,944,406.40 -40.69 1,274,614,418.15 -17.04 归属于上市公司股东的净利润 -145,709,760.39 不适用 -67,944,984.17 -1,213.32 归属于上市公司股东的扣除非 ...

Financial Performance - The company's operating revenue for the first half of 2022 was ¥1,001,670,011.75, a decrease of 6.93% compared to ¥1,076,206,323.16 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was ¥77,764,776.22, representing an increase of 284.96% from ¥20,200,662.61 in the previous year[20]. - The basic earnings per share for the first half of 2022 was ¥0.2497, up 284.75% from ¥0.0649 in the same period last year[18]. - The weighted average return on net assets increased by 10.33 percentage points to 13.49% compared to 3.16% in the previous year[18]. - The net profit attributable to shareholders was CNY 77.76 million, an increase of 284.96% year-on-year, mainly due to asset disposal gains of CNY 100.27 million[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY -28.42 million, a decline of 165.14% year-on-year[26]. - The company reported a loss of ¥28,416,916.86 in net profit after deducting non-recurring gains and losses, compared to a profit of ¥43,623,706.05 in the same period last year, a decrease of 165.14%[20]. - The company reported a net loss of CNY 231,498,241.76 compared to a net loss of CNY 309,263,017.98 in the previous period, indicating an improvement in performance[94]. Cash Flow and Assets - The net cash flow from operating activities was ¥38,318,212.40, a slight decrease of 0.23% from ¥38,408,280.02 in the previous year[20]. - Total assets at the end of the reporting period were ¥4,596,294,259.71, down 8.67% from ¥5,032,835,331.48 at the end of the previous year[20]. - The company's cash and cash equivalents decreased from ¥395,094,711.59 to ¥283,792,647.02, a decline of approximately 28.2%[93]. - Total current assets decreased from ¥1,242,130,642.79 to ¥1,176,717,514.60, reflecting a reduction of about 5.3%[93]. - The total assets decreased from ¥5,032,835,331.48 to ¥4,596,294,259.71, indicating a decline of approximately 8.7%[93]. - The company's inventory decreased slightly from ¥518,099,150.45 to ¥508,450,568.32, a reduction of about 1.3%[93]. - The total cash and cash equivalents at the end of the period were RMB 283,586,551.51, an increase from RMB 209,268,824.22 at the end of the first half of 2021[105]. Liabilities and Equity - The company's short-term borrowings increased by 17.32% to CNY 452.26 million, while long-term borrowings decreased by 38.25% to CNY 328.20 million due to repayment[36]. - Total current liabilities decreased to CNY 2,884,055,977.22 from CNY 2,968,700,593.58, a reduction of approximately 2.83%[94]. - Total non-current liabilities decreased to CNY 1,065,140,144.03 from CNY 1,498,306,088.74, a reduction of approximately 28.93%[94]. - Total liabilities decreased to CNY 3,949,196,121.25 from CNY 4,467,006,682.32, a reduction of approximately 11.6%[94]. - The total equity attributable to the parent company at the end of the reporting period was 647,098,000.00, a decrease from 642,961,000.00 at the end of the previous period, reflecting a change of approximately 0.02%[110]. - The company's retained earnings have decreased to -173,538,179.92 RMB compared to -205,931,951.87 RMB in the previous year, indicating an improvement in retained earnings[117]. Operational Developments - The company introduced 88 new brands and upgraded 48 brands in its department store segment during the reporting period[27]. - The company expanded its supermarket segment and developed 49 new group purchasing units, with group sales increasing by over 200% year-on-year[27]. - The "Youhao Easy Purchase" online platform conducted 10 promotional events, significantly increasing member activity and order volume[27]. - The company launched its own brand juice and rice products, focusing on direct sourcing to reduce intermediaries[27]. - The company is advancing its digital transformation to enhance data analysis capabilities and integrate online and offline retail operations[28]. Risks and Challenges - The company faced risks related to macroeconomic fluctuations, which could impact consumer income and confidence, thereby affecting sales performance[48]. - The company faces rising operational costs due to increasing commercial property rental expenses, personnel wages, and promotional costs[50]. - There is a risk of declining market share and profitability due to intensified local competition and the presence of well-known brands on e-commerce platforms[49]. Corporate Governance and Compliance - The company has conducted three shareholder meetings during the reporting period, all of which passed the proposed resolutions[53]. - The company has not disclosed any new product or technology developments in the report[56]. - The company has not proposed any profit distribution or capital reserve increase plans for the half-year period[55]. - The company has committed to maintaining the stability of its management team and employees, ensuring adherence to the employee placement plan approved by the employee representative assembly[64]. Accounting Policies and Financial Reporting - The company employs specific accounting policies and estimates, particularly in revenue recognition and the accounting treatment of customer rewards[125]. - The company assesses expected credit losses for accounts receivable and other receivables, which may significantly impact the book value of these assets[125]. - The company adheres to the enterprise accounting standards, ensuring that financial statements accurately reflect its financial position, operating results, changes in shareholders' equity, and cash flows[128]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired[134]. - The company recognizes losses from asset impairment in joint operations fully, while only recognizing the portion attributable to other participants in joint operations for gains[143].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 564,110,382.10, representing a decrease of 5.29% compared to the same period last year[3] - The net profit attributable to shareholders of the listed company was CNY 11,608,884.54, down 72.94% year-on-year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 3,771,050.06, a decline of 90.87% compared to the previous year[3] - Basic and diluted earnings per share were both CNY 0.0373, down 72.91% from the same period last year[3] - Net profit for Q1 2022 was CNY 13,490,271.24, a decline of 69.9% from CNY 44,818,354.71 in Q1 2021[21] - Earnings per share for Q1 2022 was CNY 0.0373, compared to CNY 0.1377 in Q1 2021, reflecting a decrease of 72.9%[22] Cash Flow - The net cash flow from operating activities was CNY 107,689,061.94, decreasing by 39.78% year-on-year[3] - Cash inflow from operating activities in Q1 2022 was CNY 1,619,350,915.80, down from CNY 1,833,102,757.17 in Q1 2021, a decrease of 11.6%[24] - Total cash outflow from operating activities amounted to CNY 1,511,661,853.86, down from CNY 1,654,278,374.87, indicating a reduction of 8.6%[25] - The net cash flow from operating activities was CNY 107,689,061.94, a decrease of 39.7% compared to CNY 178,824,382.30 in the previous year[25] - The ending balance of cash and cash equivalents was CNY 361,374,109.85, an increase from CNY 251,431,880.78 year-over-year[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,699,609,842.36, a decrease of 6.62% from the end of the previous year[3] - As of March 31, 2022, the company's total assets amounted to CNY 4.6996 billion, a decrease from CNY 5.0328 billion as of December 31, 2021[16] - The company's current liabilities totaled CNY 2.728 billion as of March 31, 2022, down from CNY 2.9687 billion at the end of 2021[17] - Total liabilities as of Q1 2022 were CNY 4,119,631,230.24, down from CNY 4,467,006,682.32 in the previous year[21] - Total equity attributable to shareholders was CNY 563,397,225.42, an increase from CNY 551,128,649.16 in Q1 2021[21] Non-Recurring Items - The company reported a non-recurring gain of CNY 7,837,834.48, primarily from the disposal of non-current assets[5] - The company plans to terminate the lease of the "Youhao Fashion Shopping City" project, incurring a compensation payment of CNY 24,239,700, which will reduce the net profit attributable to shareholders for 2022 by the same amount[9] - The company signed a supplementary agreement regarding land and property expropriation, which is expected to increase the net profit attributable to shareholders by CNY 100.2707 million in 2022[14] Operational Changes - The company signed a supplementary agreement with Xinjiang Harmony Real Estate Development Co., Ltd., reducing the total rental payment for the Changji Youhao Fashion Shopping Center project by CNY 153.7041 million, with annual rent set at CNY 5 million from July 1, 2022, to June 30, 2030[10] - The company signed a lease agreement with Xinjiang Leading Industry (Group) Co., Ltd. for the Hami Plaza North Road store, transitioning to self-management after terminating the previous commercial management contract[11] Financial Expenses and Income - The company reported a significant increase in financial expenses, with interest expenses rising to CNY 19,504,121.59 in Q1 2022 from CNY 11,799,086.94 in Q1 2021[21] - The company experienced a loss in investment income of CNY 8,889,787.50 in Q1 2022, compared to a gain of CNY 2,495,767.77 in Q1 2021[21] Accounting Practices - The company did not apply the new accounting standards for the current year, indicating a continuation of previous accounting practices[26]

Financial Performance - In 2021, the company reported a net profit of -50,523,095.53 RMB, an improvement from -287,058,894.33 RMB in 2020[21] - Total revenue for 2021 was 1,972,755,618.83 RMB, representing a 0.89% increase compared to 1,955,299,994.41 RMB in 2020[21] - The company's net cash flow from operating activities was 239,671,760.15 RMB, an increase of 11.22% from 215,488,926.96 RMB in 2020[21] - The total assets at the end of 2021 were 5,032,835,331.48 RMB, a 16.09% increase from 4,335,347,242.39 RMB in 2020[21] - The company's net assets attributable to shareholders decreased by 12.29% to 551,128,649.16 RMB from 628,369,736.45 RMB in 2020[21] - Basic earnings per share for 2021 were -0.1622 RMB, an improvement from -0.9216 RMB in 2020[22] - The weighted average return on equity increased by 28.50 percentage points to -8.77% in 2021 from -37.27% in 2020[22] - The company plans not to distribute profits for 2021 due to the loss incurred, with retained earnings carried forward to the next year[5] Revenue and Sales Trends - In 2021, the company's total revenue for the first quarter was approximately CNY 595.60 million, while the fourth quarter revenue decreased to about CNY 436.39 million, indicating a downward trend throughout the year[26] - The net profit attributable to shareholders for the entire year was negative, with a loss of CNY 56.63 million in the fourth quarter, following losses in the previous quarters[26] - The company achieved operating revenue of CNY 1,972,755,618.83, an increase of 0.89% compared to the previous year[36] - The retail revenue from department stores was CNY 653,324,883.10, with a gross profit margin of 37.48%, up by 22.29 percentage points[42] - The retail revenue from supermarkets was CNY 754,227,697.93, with a gross profit margin of 12.44%, down by 10.02 percentage points[42] - The company reported a significant increase in sales expenses by 6.17% to CNY 246 million[49] - The convenience store segment saw a sales increase of 10.65% year-over-year, with annual sales per square meter at ¥6,978.99[63] Operational Efficiency and Cash Flow - The company reported a net cash flow from operating activities of CNY 178.82 million in the first quarter, but faced a negative cash flow of CNY 140.42 million in the second quarter[26] - Cash flow from operating activities increased by 44.87% to CNY 121 million, indicating improved operational efficiency[49] - The cost of goods sold decreased by 7.80% to CNY 1.07 billion, contributing to improved profitability[46] - The company is focusing on digital transformation and enhancing customer engagement through digital membership programs[29] - The company is committed to building a learning-oriented management team to adapt to market trends and improve competitiveness[35] Market and Strategic Initiatives - The company introduced 288 new brands and upgraded 272 brands in 2021, enhancing its market share in key areas[28] - The company launched nearly 1,000 marketing activities throughout the year, significantly boosting sales during promotional periods[29] - The online retail sales in Xinjiang reached CNY 427.20 billion in 2021, growing by 41.3% year-on-year, highlighting the increasing importance of e-commerce[31] - The overall retail sales of major retail enterprises in China grew by 8.2% in 2021, indicating a recovery in the retail sector[31] - The retail sector in Xinjiang experienced a growth rate of 17% in 2021, outperforming the national average[30] - The company is focusing on expanding its leasing model, which has been gradually increasing in proportion within its business operations[33] Risk Management and Compliance - The company has detailed potential risks in its report, advising investors to review the relevant sections for comprehensive understanding[7] - The company faces risks related to macroeconomic fluctuations, which could impact consumer income and confidence, thereby affecting sales performance[87] - The company has an asset-liability ratio of 88.76%, indicating potential financial risks if reliance on bank loans continues[88] - The company has established independent management and operational models to support business growth without compromising independence[93] - The company has implemented measures to ensure that related party transactions are conducted fairly and do not harm minority shareholders' interests[93] Governance and Management - The company held four shareholder meetings during the reporting period, with all resolutions passed successfully[96] - Total remuneration for directors and senior management amounted to 8.26 million yuan, with specific amounts for individual roles detailed[97] - The company has a diverse portfolio of leadership roles across different units, enhancing operational oversight[102] - The management team includes individuals with extensive experience in both the parent company and its subsidiaries, ensuring continuity and expertise[102] - The company maintains a focus on financial management and oversight through its appointed executives in key positions[101] Community Engagement and Social Responsibility - The company created 245 jobs, including 141 positions for college graduates, contributing to local economic development[133] - The company invested CNY 95,200 in educational assistance for 147 students in Huangququn Village, supporting poverty alleviation efforts[135] - The company provided CNY 18,200 worth of essential goods to low-income families during major holidays, enhancing community welfare[136] - The company generated an additional CNY 60,000 in collective income for the village through poultry farming initiatives, supporting sustainable poverty alleviation[136] Legal Matters and Litigation - The company was ordered to pay a penalty of 9.3672 million RMB to Tai Mei Company as per the judgment of the Xinjiang High Court[145] - The company has been involved in multiple legal disputes with Tai Mei Company regarding lease agreements, with the latest judgment being upheld by the Supreme People's Court[145] - The company has incurred legal fees totaling 1.5438 million RMB related to the litigation with Tai Mei Company[145] - The company has filed for a retrial regarding a previous court decision, which was ultimately rejected by the court[146] Future Outlook and Projections - The company provided a future outlook projecting a revenue growth of 10% for the next fiscal year[99] - New product launches are expected to contribute an additional 200 million in revenue in the upcoming quarter[99] - The company plans to adjust its logistics center design based on market demand and trends in smart logistics[69] - The company aims to deepen its membership economy by collaborating with partners from popular industries such as automotive and tourism, enhancing consumer engagement and marketing activities[86]

Financial Performance - The company's operating revenue for Q3 2021 was ¥460,161,153.34, representing a year-on-year increase of 33.87%[4] - The net profit attributable to shareholders of the listed company for Q3 2021 was a loss of ¥14,097,747.54, while the net profit for the year-to-date period was ¥6,102,915.07, indicating a significant recovery from the previous year's losses[4] - Total operating revenue for the first three quarters of 2021 reached CNY 1,536,367,476.50, an increase of 10.9% compared to CNY 1,385,202,997.24 in the same period of 2020[22] - The company reported a net profit of CNY 9,740,543.39 for the first three quarters of 2021, a significant recovery from a net loss of CNY 144,997,440.70 in the same period of 2020[23] - Operating profit for the first three quarters of 2021 was CNY 44,735,364.20, compared to an operating loss of CNY 81,510,438.09 in 2020[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,396,427,016.31, an increase of 24.48% compared to the end of the previous year[5] - As of September 30, 2021, the total assets of the company amounted to CNY 5,396,427,016.31, an increase from CNY 4,335,347,242.39 at the end of 2020, representing a growth of approximately 24.5%[17] - The total current liabilities decreased to CNY 2,923,533,713.73 from CNY 3,284,130,055.14, a reduction of approximately 11%[18] - The company’s total liabilities amounted to CNY 4,716,324,636.60, up from CNY 3,692,385,924.25 in the previous year, indicating a rise of 27.7%[21] - The total assets increased by 1,055,817,528.34 RMB, reaching 5,391,164,770.73 RMB compared to 4,335,347,242.39 RMB previously[31] - The total liabilities increased by 1,028,626,716.77 RMB, totaling 4,721,012,641.02 RMB compared to 3,692,385,924.25 RMB previously[31] Shareholder Information - The top shareholder, Dashi Group Co., Ltd., holds 25.00% of the shares, with 40,000,000 shares pledged[9] - The total number of ordinary shareholders at the end of the reporting period was 21,186[9] - The total equity attributable to shareholders of the parent company was CNY 661,873,169.71, an increase from CNY 628,369,736.45 in the previous year[21] - The company's equity attributable to shareholders increased by 27,190,811.57 RMB, reaching 655,560,548.02 RMB from 628,369,736.45 RMB[31] Cash Flow - The company reported a net cash flow from operating activities of ¥166,672,622.73 for the year-to-date period, reflecting a 9.93% increase[4] - The net cash flow from operating activities was CNY 166,672,622.73, an increase from CNY 151,618,413.27 in the previous year[25] - The company's cash inflow from operating activities totaled CNY 3,736,053,928.65, compared to CNY 3,579,156,741.04 in the previous year, reflecting a growth of 4.4%[25] - The net cash flow from investing activities was -48,113,503.47 RMB, compared to a positive cash flow of 254,858,938.24 RMB in the previous period[26] - The net cash flow from financing activities was 3,022,037.74 RMB, a significant improvement from a negative cash flow of -227,844,913.77 RMB in the previous period[26] Operational Changes - The company plans to continue its market expansion and product development strategies to enhance future performance[4] - The company has proposed to establish a wholly-owned subsidiary with an investment of CNY 10 million to enhance its direct procurement scale and operational efficiency[15] - The company terminated the lease for a store due to adverse conditions, including the impact of the COVID-19 pandemic and surrounding construction, to avoid ongoing losses[12] - The company is in the early stages of applying for a duty-free business qualification, with no contracts or agreements signed yet[11] - The company has recognized a provision for pending litigation amounting to CNY 36,478,500 based on the latest judgment results[13] Cost Management - Total operating costs for the first three quarters of 2021 were CNY 1,518,021,958.93, up from CNY 1,470,939,618.89 in 2020, reflecting a growth of 3.2%[22] - The company reported a decrease in management expenses to CNY 177,248,156.10 from CNY 447,980,770.19 in the previous year, indicating a reduction of 60.5%[22] Earnings Per Share - The basic earnings per share for Q3 2021 was -¥0.0453, compared to ¥0.0196 for the year-to-date period[4] - Basic earnings per share for the first three quarters of 2021 were CNY 0.0196, recovering from a loss of CNY 0.4783 per share in the same period of 2020[23] Borrowings - The company’s long-term borrowings increased significantly to CNY 594,800,000.00 from CNY 221,100,000.00, marking an increase of about 168%[18] - The cash inflow from financing activities included 850,820,000.00 RMB from borrowings, compared to 404,000,000.00 RMB in the previous period[26] - The cash outflow for debt repayment was 822,120,000.00 RMB, an increase from 535,250,000.00 RMB in the previous period[26] Inventory Management - The company reported an increase in inventory to CNY 556,018,930.79 from CNY 516,359,865.94, indicating a rise of approximately 7.7%[17] - The company reported a decrease in prepayments by 55,388,278.44 RMB, adjusting from 66,332,224.29 RMB to 10,943,945.85 RMB[29] Communication with Investors - The company held a half-year performance briefing on August 20, 2021, to enhance communication with investors[15] Accounting Standards - The company implemented a new leasing standard starting January 1, 2021, which adjusted the financial statements without significant impact on equity or net profit[32]