证券代码：600811 证券简称：东方集团 公告编号：临 2023-040 1 东方集团股份有限公司 关于参加 2023 年投资者网上集体接待日活动 暨召开 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个别及连带责任。 重要内容提示： 会议召开时间：2023 年 5 月 15 日（周一）14:00 至 16:30。 会议召开方式：本次活动将采用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（名称：全景财经）； 或下载全景路演 APP,参与本次互动交流。 一、说明会类型 东方集团股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日披露了公司 2022 年年度报告及摘要。为进一步加强与投资者的互动交流，公司将于 2023 年 5 月 15 日参加由黑龙江证监局、黑龙江省上市公司协会与深圳市全景网络有限公司联合举 办的"2023 年黑龙江辖区上市公司投资者集体接待日活动"暨举办公司 2022 年度网 上业绩说明会，就公司 2022 年 ...

Financial Performance - The company's consolidated net profit attributable to shareholders for 2022 was -¥995.44 million, an improvement from -¥1.72 billion in 2021[6]. - Total operating revenue for 2022 was ¥12.97 billion, a decrease of 14.56% compared to ¥15.18 billion in 2021[23]. - The net cash flow from operating activities was ¥380.29 million, down 23.94% from ¥499.99 million in the previous year[23]. - The total assets at the end of 2022 were ¥42.23 billion, a decline of 4.67% from ¥44.30 billion at the end of 2021[23]. - The net assets attributable to shareholders decreased by 5.60% to ¥18.33 billion from ¥19.41 billion in 2021[23]. - The company reported a year-end total share capital of 3.66 billion shares, a decrease of 1.49% from 3.71 billion shares in 2021[23]. - The basic and diluted earnings per share for 2022 were both -RMB 0.2721, compared to -RMB 0.4697 in 2021[24]. - The weighted average return on equity improved to -5.28% from -8.48% in 2021, an increase of 3.20 percentage points[24]. - The company reported non-recurring gains and losses totaling -RMB 70.23 million for 2022, compared to -RMB 552.42 million in 2021[28]. - The company reported a net profit attributable to shareholders of -996 million yuan for the fiscal year 2022, with a net profit of 878 million yuan on the parent company level[147]. Business Segments and Operations - The company faced challenges in its real estate business due to market conditions and increased financing costs, leading to slower asset disposal progress[32]. - The rice processing segment generated 656 million yuan in revenue, down 64.61% year-on-year, with a gross margin of 3.21%, an increase of 4.12 percentage points compared to the previous year, attributed to business structure optimization[36]. - The company’s agricultural product trading business achieved a revenue of 10.115 billion yuan, a year-on-year increase of 3.62%, by expanding storage and purchasing capabilities in production areas[39]. - The company’s soybean product segment achieved revenue of 152 million yuan, an increase of 8.57% year-on-year, but net profit decreased by 55.33% due to rising raw material costs[38]. - The company’s bean products cover 10 major product series and 180 individual items, with sales regions extending to over 20 provinces and cities[51]. - The company’s brand "Pure Wuchang Rice, Organically Grown" is a core competitive advantage, maintaining a top ten position in the rice market on platforms like JD.com[56]. Strategic Initiatives and Future Plans - The company is actively seeking new profit growth points, including the acquisition of a 25% stake in United Energy Group, which is progressing smoothly[34]. - The company plans to continue promoting existing real estate projects and asset disposals, although uncertainties remain in the real estate market[34]. - The company plans to achieve an operating income of 13 billion RMB in 2023, primarily from modern agriculture and health food industries[109]. - The company aims to enhance profit margins by developing sales channels for cottonseed and canola products, and by reducing procurement costs through partnerships with large state-owned enterprises[109]. - The company is accelerating the seawater potassium extraction project and the acquisition of 25% equity in United Energy Group to optimize its industrial structure and create new profit growth points[109]. Risk Management and Compliance - The company has faced risks related to non-operating fund occupation by controlling shareholders and other related parties[8]. - The management has highlighted potential risks in future development strategies[9]. - The company has committed to ensuring compliance with financial regulations and maintaining transparency in its operations[129]. - The company confirmed that all documents provided to intermediaries during the restructuring were genuine and accurate, with no false records or misleading statements[162]. - The company has committed to avoiding conflicts of interest and reduce related party transactions throughout the restructuring process[161]. Environmental and Social Responsibility - The company invested 71.01 million yuan in environmental protection during the reporting period[154]. - The total SO2 emissions for 2022 were 0.809 tons, significantly lower than the approved total of 13.08 tons[157]. - The company implemented measures that resulted in a reduction of 11,815 tons of carbon dioxide equivalent emissions[158]. - The company has established an environmental protection mechanism and complies with environmental regulations[154]. - The company has successfully obtained environmental impact assessments and pollution discharge permits for its operations[155]. Corporate Governance and Management - The total pre-tax compensation for senior management during the reporting period amounted to 8.182 million CNY[119]. - The company appointed Party Rongyi as the Chief Financial Officer and Secretary of the Board, with a term aligned with the current board[119]. - The company has established specialized committees, including an audit committee and a remuneration and assessment committee, to enhance governance[135]. - The company reported that the former vice president was investigated for alleged misconduct, which is unrelated to the company[132]. - The company has no major accounting errors to correct and has not faced any delisting risks or bankruptcy restructuring matters[198].

Financial Performance - The company's operating revenue for Q1 2023 was ¥2,264,131,662.57, a decrease of 23.38% compared to the same period last year[3] - Net profit attributable to shareholders was ¥96,537,371.11, an increase of 725.67% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥60,454,575.19, up by 57.52% compared to the previous year[3] - Basic earnings per share were ¥0.0264, reflecting a 725.00% increase compared to the same period last year[3] - Total operating revenue for Q1 2023 was CNY 2,264,442,661.38, a decrease of 23.4% compared to CNY 2,956,718,200.54 in Q1 2022[15] - Net profit for Q1 2023 reached CNY 78,591,571.47, a significant recovery from a net loss of CNY 20,445,200.24 in Q1 2022[16] - Operating profit for Q1 2023 was CNY 79,953,045.17, compared to a mere CNY 172,243.38 in Q1 2022[16] - Earnings per share for Q1 2023 were CNY 0.0264, up from CNY 0.0032 in Q1 2022[17] - Total comprehensive income for Q1 2023 was CNY 111,547,817.64, compared to a loss of CNY 66,682,348.28 in Q1 2022[17] - The company reported a decrease in total operating costs to CNY 2,579,963,114.93 in Q1 2023 from CNY 3,353,346,065.62 in Q1 2022, reflecting a 23% reduction[15] - Investment income for Q1 2023 was CNY 401,705,115.97, slightly down from CNY 419,347,637.85 in Q1 2022[16] Cash Flow - The net cash flow from operating activities was ¥73,076,617.14, down 27.63% year-on-year[3] - Cash flow from operating activities in Q1 2023 was CNY 73,076,617.14, down from CNY 100,975,930.51 in Q1 2022[19] - Cash inflow from investment activities in Q1 2023 was CNY 1,714,070,000.75, compared to CNY 3,603,584,508.01 in Q1 2022[19] - Cash outflow from investment activities in Q1 2023 was CNY 1,142,114,185.59, a decrease from CNY 3,394,228,427.86 in Q1 2022[19] - Cash inflow from financing activities totaled $3,930,727,233.11, a decrease of 8.6% from $4,302,507,547.76 in the previous year[20] - Cash outflow from financing activities was $4,272,240,523.76, down 15.4% from $5,049,220,950.79 year-over-year[20] - Net cash flow from financing activities was -$341,513,290.65, an improvement from -$746,713,403.03 in the same period last year[20] - The net increase in cash and cash equivalents was $303,515,051.06, compared to a decrease of $436,447,066.86 in the previous year[20] - The ending balance of cash and cash equivalents was $3,147,152,228.35, slightly up from $3,126,363,426.83 year-over-year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥41,633,286,225.13, a decrease of 1.41% from the end of the previous year[3] - The company's total liabilities were reported at RMB 23,315,186,040.00, down from RMB 23,984,403,378.81 in the previous period[13] - The total equity attributable to shareholders was RMB 18,415,844,662.06, compared to RMB 18,326,099,426.55 at the end of 2022, indicating a slight increase[13] - Cash and cash equivalents stood at RMB 4,725,039,108.26, a decrease from RMB 4,801,975,664.98 at the end of 2022[11] - The company's inventory was valued at RMB 7,146,468,484.00, showing a minor decrease from RMB 7,171,094,723.24[11] - The company's accounts receivable amounted to RMB 247,234,953.73, down from RMB 288,745,548.47[11] - The total current assets were RMB 17,205,437,463.52, a decrease from RMB 18,063,588,031.08[11] - The company's long-term investments increased to RMB 17,350,099,348.24 from RMB 17,061,081,798.94[12] - The company reported a net profit margin improvement, with retained earnings rising to RMB 2,548,123,323.92 from RMB 2,452,182,568.16[13] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 112,842[7] - The company's equity attributable to shareholders increased by 0.49% to ¥18,415,844,662.06 compared to the end of the previous year[3] - Non-recurring gains and losses totaled ¥36,082,795.92 for the period[4] - The company reported a significant decrease of 71.03% in trading financial assets, primarily due to a reduction in financial management activities[5]

投资者关系活动记录表 | --- | --- | --- | |-----------------------|-----------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------| | 别 | □新闻发布会 □路演活动 | □现场参观 □其他（请文字说明其他活动内容） | | | | | | | 南方基金 都逸敏 | | | 参与单位/人员名 称 | 金鹰基金 李龙杰 大成基金 廖书迪 磐泽资产 熊威明 中信证券 王喆 华泰证券 庄汀州、刘婧 华西证券 周莎 淡水泉投资 俞仁钦 西南证券 徐卿 | | | | 嘉实基金 苏文杰 | | | 时间 | 2022 年 7 月 5 日 | | | 地点 | | 厦门东方银祥油脂有限公司会议室 | | ...

Financial Performance - The company's operating revenue for Q3 2022 was ¥4,302,166,440.24, representing a year-on-year increase of 17.10%[5] - The net profit attributable to shareholders of the listed company was -¥116,626,806.41, a decrease of 837.95% compared to the same period last year[5] - The basic earnings per share for the period was -¥0.032, reflecting a decline of 822.73% year-on-year[5] - Total operating revenue for the first three quarters of 2022 was CNY 10,271,719,658.64, a decrease of 1.98% compared to CNY 10,478,388,134.09 in the same period of 2021[31] - Net profit for the third quarter of 2022 was CNY -219,471,540.75, compared to a net profit of CNY 257,240,343.14 in the same quarter of 2021, indicating a significant decline[33] - Basic earnings per share for the third quarter of 2022 was CNY -0.0247, down from CNY 0.0731 in the previous year[35] - The total comprehensive income for the third quarter of 2022 was CNY -238,263,841.68, compared to CNY 355,315,119.55 in the same quarter of 2021[35] Assets and Liabilities - Total assets at the end of the reporting period were ¥43,665,414,819.64, down 1.43% from the end of the previous year[7] - The company’s equity attributable to shareholders was ¥19,281,176,304.30, a decrease of 0.69% from the previous year-end[7] - The total current assets decreased to ¥18,746,241,181.36 from ¥19,786,164,604.09, a decline of about 5.25% year-over-year[27] - The company's total assets amounted to ¥43,665,414,819.64, down from ¥44,300,763,694.50, indicating a decrease of approximately 1.44%[29] - Short-term borrowings rose to ¥9,815,586,753.20 from ¥8,379,722,784.36, reflecting an increase of about 17.2%[29] - The total current liabilities decreased to ¥19,349,337,261.54 from ¥20,616,355,266.81, a reduction of approximately 6.14%[29] - Non-current liabilities increased to ¥5,031,685,272.87 from ¥4,135,173,992.85, showing an increase of about 21.7%[29] - The company reported a total debt of CNY 24,381,022,534.41, slightly down from CNY 24,751,529,259.66 in the previous year[31] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥427,894,799.15, an increase of 5.82% compared to the same period last year[5] - Cash flow from operating activities for the first three quarters of 2022 was CNY 11,601,107,561.59, an increase from CNY 11,520,575,819.65 in the same period of 2021[35] - The net cash flow from investment activities was $632,190,919.55, down from $1,623,401,397.20 year-over-year[38] - Cash inflow from financing activities totaled $14,594,346,218.48, compared to $7,101,566,568.85 in the previous period, indicating a substantial increase[38] - The net cash flow from financing activities was -$1,095,977,474.33, an improvement from -$2,076,930,805.17 in the prior year[38] - The total cash and cash equivalents at the end of the period were $3,527,522,057.90, down from $4,154,809,203.82 at the end of the previous period[38] Investments and Projects - The company is actively promoting the seawater potassium extraction project with an annual production target of 200,000 tons, aiming to start construction by the end of 2022 and achieve production in 2023[20] - The company plans to acquire 92% equity of Huailan Investment Co., Ltd. from its controlling shareholder, Oriental Group, through a combination of issuing shares and cash payments[19] - The company has established a pilot workshop for seawater potassium extraction at the Oriental Yinxiang Oil Plant, continuously optimizing the process to reduce costs[20] - The company has preliminary agreements with local governments regarding the seawater potassium extraction project, with plans to expedite project approval and environmental assessments[20] - The company is focusing on the industrialization of seawater lithium and bromine extraction technologies alongside the potassium project[20] Legal and Regulatory Matters - The company is under litigation with Shandong Tianshang Real Estate Co., Ltd., which is seeking to terminate a cooperation agreement and recover RMB 1 billion plus interest[21] - The company has received inquiries from the Shanghai Stock Exchange regarding its asset acquisition plan, indicating ongoing regulatory scrutiny[19] - The company continues to monitor the legal disputes with Shandong Tianshang and will fulfill its information disclosure obligations as necessary[24] - The company has signed multiple supplementary agreements with Shandong Tianshang regarding the return of a ¥1 billion initial payment, indicating ongoing negotiations and adjustments in business strategy[24] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 109,272[13] - The company reported a total of 608,854,587 shares held by Tibet Dongfang Runlan Investment Co., Ltd., its largest shareholder[15] Research and Development - Research and development expenses rose significantly to CNY 5,545,030.86, compared to CNY 1,980,719.62 in the previous year, reflecting increased investment in innovation[31]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥5.97 billion, a decrease of 12.27% compared to ¥6.80 billion in the same period last year[24]. - The net profit attributable to shareholders of the listed company was approximately ¥26.09 million, down 89.63% from ¥251.54 million in the previous year[24]. - The net profit after deducting non-recurring gains and losses was approximately ¥10.38 million, a decline of 95.56% compared to ¥233.61 million in the same period last year[24]. - The net cash flow from operating activities was approximately ¥389.58 million, a slight decrease of 1.67% from ¥396.18 million in the previous year[24]. - The total operating revenue decreased by 12.27% to approximately 5.97 billion RMB, while operating costs also fell by 10.46%[70]. - The company achieved a total revenue of 5.943 billion CNY in the first half of 2022, a decrease of 12.40% year-on-year, primarily due to reduced sales in oil processing and rice processing[56]. - The net profit attributable to shareholders was 26 million CNY, down 89.63% year-on-year, mainly due to increased losses in the real estate sector and reduced profits from oil processing[56]. Earnings and Profitability - The basic earnings per share for the first half of 2022 were ¥0.0071, down 89.67% from ¥0.0687 in the same period last year[24]. - The diluted earnings per share were also ¥0.0071, reflecting the same percentage decrease as basic earnings per share[24]. - The weighted average return on net assets was 0.13%, a decrease of 1.05 percentage points from 1.18% in the previous year[24]. - The oil processing segment saw a revenue decline of 39.14% year-on-year, with a gross margin of -2.49%[59]. - The gross margin for rice processing sales increased by 0.39 percentage points year-on-year, despite a revenue decline of 21.74%[59]. - The soybean product processing business achieved revenue of 72.36 million RMB, an increase of 1.8%, with a net profit of 3.04 million RMB despite rising costs of raw materials and decreased orders from the restaurant sector[62]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥44.97 billion, an increase of 1.52% from ¥44.30 billion at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company were approximately ¥19.40 billion, a decrease of 0.07% from ¥19.41 billion at the end of the previous year[24]. - The company's cash and cash equivalents at the end of the period amounted to ¥6,206,332,504.52, representing a 39.86% increase compared to ¥4,437,600,914.42 at the end of the previous year[74]. - The company's long-term borrowings increased by 92.43% to ¥2,902,097,800.00 from ¥1,508,101,100.00 in the previous year[74]. - The company's total liabilities increased to ¥25,509,765,521.06 from ¥24,751,529,259.66, reflecting a growth of approximately 3.06%[196]. - The company's current liabilities decreased to ¥19,982,249,081.72 from ¥20,616,355,266.81, a reduction of about 3.08%[196]. Investments and Projects - The company has established a comprehensive modern agricultural industry system, including rice processing, oil processing, and agricultural technology research and development[29]. - The company is actively promoting its seawater potassium extraction project, aiming for an annual production capacity of 200,000 tons[38]. - The company has obtained 15 patents related to high-moisture plant-based meat and established China's first production line for such products, which has a carbon emission rate only 10% of that of animal meat[49]. - The company is actively expanding its agricultural product trading business, focusing on corn, rice, soybeans, and miscellaneous grains, while enhancing cooperation with downstream processing and feed enterprises[65]. - The company plans to invest a total of ¥94.76 billion in land development projects, with ¥64.24 billion already invested[94]. Market and Sales - The company has maintained a top ten brand position in rice sales through traditional retail and e-commerce channels[33]. - The company is expanding its community group buying market presence, covering 29 provinces and municipalities[33]. - The sales performance of the supermarket channel for Yinxiang Dou Products increased by 22% year-on-year in the first half of 2022[54]. - The company is focusing on community group buying and new retail channels to adapt to changing consumer habits, resulting in increased revenue from these channels[60]. Environmental and Compliance - The company reported a total SO2 emission concentration of 4.55 mg/m3 and a total emission of 0.65 tons[109]. - The company achieved a total NOX emission concentration of 4.55 mg/m3 with a total emission of 0.65 tons[109]. - The particulate matter emission concentration was recorded at 1.41 mg/m3, totaling 0.19 tons[109]. - The company has successfully obtained the environmental impact assessment approval and passed the environmental protection acceptance[109]. - No administrative penalties were imposed on the company during the reporting period due to environmental issues[109]. Corporate Governance and Legal Matters - The company has not faced any legal or administrative penalties in the last three years related to its operations[118]. - The company has committed to providing truthful, accurate, and complete information regarding its operations and compliance[113]. - The company is under investigation for its vice president's alleged involvement in the misappropriation of state assets and bribery, but this matter is not expected to significantly impact its operations[150]. - The company has ongoing litigation involving a contract dispute with Shandong Tianshang Real Estate Co., Ltd., with a claimed amount of 1,303,123,284.64 RMB[146]. Shareholder Information - The company completed the repurchase of 55,425,389 shares, accounting for 1.49% of the total share capital, with a total expenditure of 200.52 million[179]. - As of the end of the reporting period, the total number of ordinary shareholders was 106,927[183]. - The largest shareholder, Tibet Dongfang Runlan Investment Co., Ltd., held 608,854,587 shares, representing 16.64% of the total shares[184]. - The second-largest shareholder, Dongfang Group Co., Ltd., held 492,822,091 shares, accounting for 13.47% of the total shares[184].

1 证券代码：600811 证券简称：东方集团 公告编号：临 2022-054 东方集团股份有限公司 关于参加 2022 年投资者网上集体接待日活动 暨召开 2021 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个别及连带责任。 重要内容提示： 会议召开时间：2022 年 5 月 12 日（周四）14:30 至 16:30。 会议召开方式：网络在线问答的形式。 网络互动地址："全景路演"（https://rs.p5w.net/html/132395.shtml） 东方集团股份有限公司（以下简称"公司"）已于 2022 年 4 月 30 日披露了公司 2021 年年度报告及摘要。为进一步加强与投资者的互动交流，公司将于 2022 年 5 月 12 日参加黑龙江省上市公司协会联合深圳市全景网络有限公司举办的黑龙江省上市公 司 2022 年投资者网上集体接待日活动暨举办公司 2021 年度网上业绩说明会，就公司 2021 年度业绩情况、经营情况等投资者关心的问题进行互动交流。 一、说明会类型 本次业绩说明会通过网络在线 ...

Financial Performance - The company's operating revenue for 2021 was approximately ¥15.18 billion, a decrease of 1.80% compared to ¥15.46 billion in 2020[25]. - The net profit attributable to shareholders for 2021 was approximately -¥1.72 billion, representing a significant decline of 814.81% from a profit of ¥240.45 million in 2020[25]. - The net cash flow from operating activities increased to approximately ¥500 million, a substantial increase of 938.64% compared to ¥48.14 million in 2020[25]. - The total assets at the end of 2021 were approximately ¥44.30 billion, down 5.53% from ¥46.90 billion at the end of 2020[25]. - The net assets attributable to shareholders decreased to approximately ¥19.41 billion, reflecting an 8.09% decline from ¥21.12 billion in 2020[25]. - The company reported a net profit excluding non-recurring gains and losses of approximately -¥1.17 billion, a decrease of 1,997.84% from ¥61.46 million in 2020[25]. - Basic earnings per share (EPS) were -0.4697 CNY, a decrease of 814.92% compared to the previous period[28]. - Diluted EPS also reported at -0.4697 CNY, reflecting the same percentage decrease[28]. - The company reported a net profit attributable to shareholders of -1.719 billion yuan for the year 2021, primarily due to credit impairment losses and increased financial expenses[187]. - The company will not distribute cash dividends for the year 2021, as it does not meet the conditions for cash dividends according to its articles of association[188]. Revenue Breakdown - The rice processing and sales segment generated revenue of 1.853 billion yuan, down 33.78% year-on-year, with brand rice sales revenue at 0.657 billion yuan, a decrease of 32.75%[39]. - The oil processing segment reported revenue of 3.286 billion yuan, a year-on-year increase of 12.57%, but incurred a net loss of 93 million yuan due to rising raw material costs[42]. - The soybean product segment achieved revenue of 140 million yuan, a decline of 0.88%, with net profit decreasing by 11.43%[43]. - The agricultural product trading and supply chain finance business generated revenue of 9.762 billion yuan, an increase of 8.62%, with a trading volume of nearly 4 million tons[44]. - Revenue from agricultural processing and sales reached ¥15,035,186,900.69, a decrease of 2.12% year-on-year, with a gross margin of 1.55%, down by 1.15 percentage points[86]. - Revenue from other agricultural product sales was ¥9,761,534,602.26, an increase of 8.62% year-on-year, with a gross margin of 1.04%, down by 0.42 percentage points[86]. Investment and R&D - The company plans to focus on new product development and market expansion strategies to improve future performance[32]. - The company’s research and development expenses rose by 183.53% to CNY 5.716 million, reflecting increased investment in high-moisture plant-based meat projects[81]. - The company has obtained and is applying for a total of 15 patents, with significant advancements in high-moisture plant protein technology, achieving a carbon emission rate of only 10% compared to animal meat[70]. - The company aims to develop high-value-added products, focusing on R&D in areas such as high-moisture plant-based meat and deep processing of soybeans[143]. Market and Strategic Initiatives - The company is actively developing its brand in the fresh bean product market and aims to lead the market in Fujian province[50]. - The company plans to enhance its community group buying and new retail market layout to improve sales channels[41]. - The company is focusing on high-value industries such as high-moisture plant protein meat and seawater potassium extraction to support its strategic transformation[38]. - The company plans to enhance its market share in rice by upgrading production equipment and expanding its production capacity[49]. - The company is expanding its supply chain financial services to alleviate funding pressures for small and medium-sized enterprises in the agricultural sector[55]. Risks and Challenges - The company faced significant risks as outlined in the management discussion and analysis section of the report[10]. - The company emphasized the importance of investor awareness regarding potential investment risks associated with forward-looking statements[9]. - The company faces risks related to high grain prices influenced by global commodity price fluctuations and regional supply imbalances due to the ongoing pandemic[144]. - The real estate business is challenged by ongoing pandemic impacts, rising commodity prices, and regulatory pressures, leading to difficulties in asset disposal and project timelines[144]. Corporate Governance and Management - The total pre-tax compensation for the board members and senior management during the reporting period amounted to 8.18 million yuan[155]. - The company has established a compensation policy aimed at creating an internally equitable and market-competitive compensation and benefits system[185]. - The board held a total of 10 meetings during the year, with all directors attending in person[172]. - The company did not receive any penalties from securities regulatory agencies in the past three years[170]. Environmental and Compliance - The company operates under the Xiamen air pollutant discharge standards, with a total emission limit of 13.08 tons for SO2, 27 tons for NOX, and 9 tons for particulate matter[199]. - The company has obtained the environmental impact assessment approval and the pollution discharge permit valid until August 18, 2023[200]. - There were no administrative penalties received due to environmental issues during the reporting period[200].

Financial Performance - The company's operating revenue for Q1 2022 was ¥2,955,000,605.43, representing a decrease of 4.06% compared to the same period last year [5] - Net profit attributable to shareholders was ¥11,691,987.16, down 93.68% year-on-year [5] - Basic and diluted earnings per share were both ¥0.0032, reflecting a decrease of 93.68% year-on-year [5] - Total operating revenue for Q1 2022 was CNY 2,956,718,200.54, a decrease of 4.05% compared to CNY 3,081,688,361.09 in Q1 2021 [31] - Net profit for Q1 2022 was a loss of CNY 20,445,200.24, compared to a net profit of CNY 194,655,849.34 in Q1 2021 [34] - The company reported a total comprehensive income of CNY -66,682,348.28 for Q1 2022, compared to CNY 220,386,446.24 in Q1 2021 [34] - Basic and diluted earnings per share for Q1 2022 were CNY 0.0032, down from CNY 0.0506 in Q1 2021 [34] Cash Flow and Assets - The net cash flow from operating activities was ¥100,975,930.51, a decline of 53.30% compared to the previous year [5] - Cash inflow from operating activities for Q1 2022 was approximately $3.62 billion, an increase of 14.3% compared to $3.17 billion in Q1 2021 [36] - Net cash flow from operating activities decreased to approximately $101 million in Q1 2022, down 53% from $216 million in Q1 2021 [36] - Cash inflow from investment activities in Q1 2022 was approximately $3.60 billion, a significant decrease of 75.5% compared to $14.70 billion in Q1 2021 [36] - Net cash flow from investment activities for Q1 2022 was approximately $209 million, down 66.5% from $624 million in Q1 2021 [36] - Cash inflow from financing activities in Q1 2022 was approximately $4.30 billion, an increase of 38.8% compared to $3.10 billion in Q1 2021 [38] - The total cash and cash equivalents at the end of Q1 2022 was approximately $3.13 billion, down from $3.85 billion at the end of Q1 2021 [38] - The company's total assets at the end of the reporting period were ¥43,683,729,265.53, a decrease of 1.39% from the end of the previous year [5] - The company's current assets totaled RMB 18,825,854,366.19, down from RMB 19,786,164,604.09 at the end of 2021, reflecting a decline of approximately 4.86% [27] - The company's total liabilities were RMB 24,202,744,479.19, compared to RMB 24,751,529,259.66 at the end of 2021, indicating a decrease of approximately 2.21% [29] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 111,660 [13] - The top ten shareholders hold a total of 485,680,385 shares, with the largest shareholder, Tibet Dongfang Runlan Investment Co., Ltd., owning 608,854,587 shares, representing 16.39% of total shares [15] - Tibet Dongfang Runlan Investment Co., Ltd. is the controlling shareholder of the company, with Oriental Group Limited as its parent company [17] - The total number of shares held by the top ten unrestricted shareholders is 485,680,385 shares, indicating a concentrated ownership structure [17] Operational Changes and Expenses - The company experienced a significant decrease in sales expenses by 57.63%, attributed to a shift from traditional retail to community group buying [12] - The company reported a 44.89% increase in financial expenses, mainly due to rising financing costs in the real estate sector [12] - Research and development expenses increased to CNY 1,514,297.41 in Q1 2022 from CNY 376,045.68 in Q1 2021, reflecting a growth of 302.5% [31] - The company reported a decrease in minority shareholders' equity from CNY 135,048,071.37 in Q1 2021 to CNY 100,015,083.76 in Q1 2022 [31] Acquisition and Restructuring - The company plans to issue shares and pay cash to acquire 92% of the equity of Hui Lan Company from its controlling shareholder, Oriental Group Limited [18] - The company’s stock was suspended from trading on June 30, 2021, due to the planned acquisition, with an expected suspension period of no more than 10 trading days [18] - As of the announcement date, due diligence, auditing, and valuation work related to the overseas target assets for the transaction have not been completed [20] - The company will continue to advance the due diligence, auditing, and evaluation work for the transaction and will disclose any new developments in a timely manner [20] - The company has received inquiries from the Shanghai Stock Exchange regarding the information disclosure of the restructuring plan [19] - The company has disclosed multiple progress announcements regarding the acquisition from August 2021 to April 2022 [20] Other Financial Information - Non-recurring losses totaled ¥26,688,197.23, primarily due to losses from financial assets and other operating expenses [9] - The company has not disclosed any other significant operational information for the reporting period [18] - The company has agreed to return RMB 10 billion to Shandong Tianshang and pay interest totaling RMB 1,433,053,158.97, with a comprehensive interest rate of 11.92% [22] - The company is actively working to lift the judicial freeze on its assets, including shares in Minsheng Bank and Jinzhou Port [22] - The company’s inventory stood at RMB 7,939,968,394.77, slightly down from RMB 7,952,525,536.55 at the end of 2021 [27] - The company’s long-term equity investments increased to RMB 17,114,495,150.57 from RMB 16,737,589,607.45, reflecting a growth of approximately 2.25% [27]

Financial Performance - The company's operating revenue for Q3 2021 was ¥3,673,775,742.53, a decrease of 17.19% compared to the same period last year[5]. - Net profit attributable to shareholders was ¥15,804,144.94, down 87.01% year-on-year[5]. - The net profit after deducting non-recurring gains and losses was ¥6,756,112.40, reflecting a decline of 101.93% compared to the previous year[5]. - Basic earnings per share were ¥0.0044, a decrease of 86.79% year-on-year[5]. - Total operating revenue for the first three quarters of 2021 was approximately ¥10.48 billion, a decrease of 5.9% compared to ¥11.14 billion in the same period of 2020[28]. - Net profit for the first three quarters of 2021 was approximately ¥257.24 million, down 44.6% from ¥465.51 million in the same period of 2020[28]. - Operating profit for the first three quarters of 2021 was approximately ¥261.99 million, a decrease of 45.1% compared to ¥478.99 million in the same period of 2020[28]. - Basic earnings per share for the first three quarters of 2021 were ¥0.0731, down from ¥0.1306 in the same period of 2020[30]. Assets and Liabilities - Total assets at the end of the reporting period were ¥47,188,186,989.44, an increase of 0.62% from the end of the previous year[5]. - Current assets totaled ¥22,505,285,384.17, a decrease of 1.53% from ¥22,856,725,548.76[24]. - Total liabilities amounted to ¥25,470,841,205.12, slightly down from ¥25,514,332,213.83[24]. - The total assets reached 46,895,791,760.79 RMB, with total liabilities at 25,514,332,213.83 RMB, indicating a healthy asset-liability ratio[36]. - The company’s total equity attributable to shareholders was 21,122,037,537.26 RMB, reflecting solid shareholder value[36]. - The company’s total liabilities increased slightly by 1,137,150.99 RMB compared to the previous period, indicating stable financial management[36]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 93,979[15]. - The largest shareholder, Tibet Dongfang Runlan Investment Co., Ltd., holds 608,854,587 shares, representing 16.39% of the total shares[15]. - The second-largest shareholder, Dongfang Group Co., Ltd., holds 492,822,091 shares, representing 13.27% of the total shares[15]. - The top ten shareholders collectively hold a significant number of shares, with the total shares held by the top ten shareholders amounting to 1,123,174,202[18]. Acquisition Plans - The company plans to issue shares and pay cash to acquire 92% equity of Hui Lan Company from its controlling shareholder, Dongfang Group Co., Ltd.[19]. - The stock was suspended from trading on June 30, 2021, due to the planned acquisition, with an expected suspension period of no more than 10 trading days[19]. - The company is actively advancing due diligence, auditing, and evaluation related to the acquisition, with independent financial and legal advisors engaged[19]. - The company received a waiver from the Hong Kong Securities and Futures Commission regarding mandatory takeover obligations for United Energy shares[19]. - The company has not completed the necessary audits and evaluations for the acquisition, indicating potential uncertainties[19]. - The company is committed to timely information disclosure based on the progress of the acquisition and related work[19]. Cash Flow and Expenses - Cash flow from operating activities for the first three quarters of 2021 was approximately ¥404.38 million, a significant improvement from a negative cash flow of ¥947.70 million in the same period of 2020[30]. - The net cash flow from financing activities was -2,076,930,805.17 RMB, compared to a positive cash flow of 1,186,243,425.89 RMB in the previous period[32]. - Total cash and cash equivalents at the end of the period amounted to 4,154,809,203.82 RMB, down from 4,524,970,215.11 RMB in the previous period[32]. - The company reported a significant reduction in financial expenses, with interest expenses at approximately ¥816.02 million, down from ¥836.15 million in the same period of 2020[28]. Inventory and Investments - Inventory decreased to ¥8,482,086,544.00 from ¥8,859,964,309.44, reflecting a decline of approximately 4.25%[24]. - Long-term investments in equity increased to ¥16,883,335,734.33, up from ¥16,083,326,056.16[24]. - Long-term equity investments stood at 16,083,326,056.16 RMB, showcasing the company's commitment to strategic investments[35]. Compliance and Standards - The company implemented the new leasing standards starting January 1, 2021, affecting the initial figures for prepaid expenses, right-of-use assets, and lease liabilities[38]. - The new leasing standards will not adjust comparable period information, only the beginning balance for 2021[38].