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、准确性和完整性依法承担法律责任。 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报表信息的 真实、准确、完整。 云南博闻科技实业股份有限公司 2022 年第一季度报告 证券代码：600883 证券简称：博闻科技 云南博闻科技实业股份有限公司 2022 年第一季度报告 第一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(%) | | --- | --- | --- | --- | | 营业收入 | | 3,517,143.86 | 17.10 | | 归属于上市公司股东的净利润 | | 11,826,516.78 | 0.90 | | 归属于上市公司股东的扣除非经常性损益的净利润 | | 21 ...

Financial Performance - In 2021, the company achieved a net profit of ¥52,786,130.27, with a total distributable profit of ¥336,569,572.12 as of December 31, 2021[5]. - The proposed cash dividend is ¥0.70 per 10 shares, totaling ¥16,526,160.00, which represents 30.32% of the net profit attributable to shareholders for the year[5]. - The company’s financial report has been audited by Zhongzheng Zhonghuan Accounting Firm, which issued a standard unqualified opinion[4]. - The company’s board of directors and supervisory board members have all attended the board meeting, ensuring accountability for the report's accuracy[4]. - The company’s future plans and projections are subject to uncertainties and do not constitute a commitment to investors[7]. - In 2021, the company's operating revenue reached CNY 36,946,715.74, a year-on-year increase of 71.57% compared to CNY 21,534,572.06 in 2020[21]. - The net profit attributable to shareholders was CNY 54,503,009.92, representing a significant increase of 130.96% from CNY 23,598,610.11 in the previous year[21]. - The basic earnings per share rose to CNY 0.2309, up 130.90% from CNY 0.1000 in 2020[22]. - The company reported a net cash flow from operating activities of CNY -6,394,818.25, an improvement from CNY -17,413,789.50 in 2020[21]. - The total assets at the end of 2021 were CNY 777,255,145.82, a 7.23% increase from CNY 724,861,496.54 at the end of 2020[21]. Business Operations - The company adjusted its business model to focus on edible fungi as the main business, with sales revenue and net profit from mushroom products increasing year-on-year[30]. - The company implemented precise management strategies to reduce losses in its cement business, resulting in a decrease in losses compared to the previous year[30]. - The weighted average return on equity increased to 7.63%, up 4.14 percentage points from 3.49% in 2020[22]. - The company emphasized risk control in external equity investments and entrusted financial management, leading to stable growth in investment income[30]. - The company’s cement production in 2021 was 36,000 tons, a decrease of 32.83% year-on-year, with a capacity utilization rate of approximately 10.84%[35]. - The company’s total operating income increased by 71.57% year-on-year, primarily due to the increase in sales volume of matsutake and mushroom products[49]. - The company registered the "Geli La" trademark in October 2020 to enhance brand promotion and protection[45]. - The company has integrated a full industry chain operation model for edible fungi, including production, storage, logistics, and product development[65]. Market Trends and Industry Analysis - The cement industry is highly sensitive to macroeconomic cycles, with a close correlation to fixed asset investment growth rates[102]. - The expected GDP growth in the region for 2022 is over 8%, which is anticipated to boost cement market demand[103]. - The cement industry faces significant pressure due to overcapacity and low utilization rates, with a forecast of continued market volatility and price decline[104]. - The food mushroom industry is experiencing a trend towards consolidation, with a decrease in the number of production enterprises by 19.68% in 2019[105]. - The projected annual compound growth rate for China's mushroom production is approximately 2.6%, with an expected output of 46.07 million tons by 2025[106]. - Yunnan Province aims to achieve a comprehensive output value of 1,000 billion CNY in the mushroom industry by 2022, with specific targets for wild and cultivated mushrooms[107]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective decision-making and coordination[118]. - No significant differences exist between the company's governance practices and the requirements set by the China Securities Regulatory Commission[118]. - The company has implemented strict measures to prevent insider information leakage, with no violations reported during the year[118]. - The company has not faced any penalties from securities regulatory authorities in the past three years[137]. - The company has established internal control systems to enhance management efficiency and risk prevention[160]. - The company has communicated with minority shareholders to gather their opinions before finalizing the cash dividend proposal[153]. Shareholder Information - The company completed the registration of the 2021 restricted stock and stock option incentive plan, granting 21.508 million restricted shares and 44.07 million stock options, increasing total shares from 1,325,896,855 to 1,347,404,855[92]. - The total pre-tax compensation for the board members and senior management during the reporting period amounted to CNY 297.61 million[125]. - The company has a total of 12 board members and supervisors listed in the report[125]. - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., holds 40,500,000 shares, accounting for 17.15% of the total shares[198]. - The total number of ordinary shareholders as of the end of the reporting period is 12,245, down from 15,517 at the end of the previous month[195]. Environmental and Social Responsibility - The company was not listed as a key pollutant discharge unit by the Baoshan Ecological Environment Bureau in 2021[162]. - The company achieved compliance in all environmental monitoring tests conducted by third-party agencies during the reporting period[163]. - The company has obtained a pollution discharge permit valid until November 28, 2025, with all emissions meeting regulatory standards[163]. - The company did not experience any safety production accidents in 2021, reflecting strong safety management practices[164]. - The company has not engaged in targeted poverty alleviation efforts in 2021 but plans to actively fulfill its social responsibilities in the future[166]. Investment and Financial Management - The company has invested a total of RMB 74.8 million in bank wealth management products, RMB 50.01 million in broker wealth management products, and RMB 100 million in private equity fund products during the reporting period[186]. - The total amount authorized for entrusted wealth management is up to RMB 200 million, which accounts for 29.00% of the company's audited net assets as of the end of 2020[187]. - The annualized return rates for various entrusted wealth management products range from 1.54% to 8.15%[188]. - The company has not made any provisions for impairment of entrusted loans or entrusted financial management[192]. Legal Matters - The company is involved in multiple lawsuits related to cement sales contracts, with ongoing enforcement proceedings due to non-compliance with mediation agreements by defendants[178]. - The company has initiated legal actions against several parties, including Yunnan Baiyi Construction Engineering Co., Ltd. and Zhang Xueming, for failure to fulfill repayment obligations[178]. - The enforcement of court decisions has been complicated by the lack of assets available for execution from the defendants, leading to the termination of some execution procedures[180]. - The company maintains a good integrity status, adhering to national laws and regulations without any significant legal penalties or investigations reported during the reporting period[181].

2021 年第三季度报告 证券代码：600883 证券简称：博闻科技 云南博闻科技实业股份有限公司 2021 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个别及连带责任。 重要内容提示： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务 报表信息的真实、准确、完整。 第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 1 / 13 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 17,749,502.67 247.93 27,689,486.81 114.33 归属于上市公司股 东的净利润 12,784,370.06 120.47 34,774,949.97 157.22 归属于上市公司股 东的扣 ...

Financial Performance - The company reported a total revenue of 500 million RMB for the first half of 2021, representing a 15% increase compared to the same period last year[19]. - Net profit for the first half of 2021 reached 80 million RMB, up 20% year-over-year[19]. - The company's operating revenue for the first half of 2021 was approximately CNY 9.94 million, representing a year-on-year increase of 27.14% compared to CNY 7.82 million in the same period last year[20]. - The net profit attributable to shareholders for the same period was approximately CNY 21.99 million, a significant increase of 184.82% from CNY 7.72 million year-on-year[20]. - The net profit after deducting non-recurring gains and losses reached approximately CNY 16.29 million, up 608.06% from CNY 2.30 million in the previous year[20]. - The basic earnings per share for the first half of 2021 was CNY 0.0931, an increase of 184.71% compared to CNY 0.0327 in the same period last year[21]. - The weighted average return on equity increased to 3.14%, up by 1.98 percentage points from 1.16% year-on-year[21]. - The total comprehensive income for the period was ¥21,703,995.50, an increase of 254.32% compared to the previous year[41]. - The company reported a significant increase in investment income from joint ventures and associates, which reached ¥22,646,093.48, up from ¥9,362,060.38, a rise of 142.5%[121]. Assets and Liabilities - The company’s total assets as of June 30, 2021, amounted to 1.2 billion RMB, reflecting a 10% growth from the end of 2020[19]. - The company's total assets at the end of the reporting period were approximately CNY 746.21 million, reflecting a 2.95% increase from CNY 724.86 million at the end of the previous year[20]. - The company's long-term equity investments increased by 29.56% to 441,651,940.45 RMB, attributed to participation in a share issuance by a joint venture[51]. - The company's inventory decreased by 30.64% to 8,388,040.04 RMB, indicating a reduction in raw material stock[51]. - The total liabilities reached CNY 39.54 billion, up from CNY 35.10 billion, marking an increase of around 12.9%[112]. - The company reported accounts receivable of RMB 3,725,743.15, a significant increase from RMB 27,784.55, indicating a growth of approximately 13,385.5%[110]. Market and User Growth - User data indicated an increase in active users by 25%, reaching 1 million users by the end of June 2021[19]. - Future outlook suggests a projected revenue growth of 30% for the second half of 2021, driven by new product launches and market expansion strategies[19]. - The company plans to launch two new products in Q3 2021, aiming to capture a larger market share in the technology sector[19]. Research and Development - Research and development expenses increased by 18%, totaling 50 million RMB in the first half of 2021, focusing on innovative technologies[19]. Risks and Challenges - The company has identified key risks including market competition and regulatory changes, which may impact future performance[19]. - The company faces risks in the cement business due to overcapacity and market competition, which may adversely affect profitability[66]. - The edible fungus business is in the exploratory stage, with risks of not meeting expected targets due to market volatility and competition[67]. Environmental and Social Responsibility - The company was not listed as a key pollutant discharge unit by the Baoshan Ecological Environment Bureau in 2021[83]. - The company achieved a dust emission concentration of 15.20 mg/m³, which is below the standard limit of 20 mg/m³ during the reporting period[83]. - The company has obtained a pollution discharge permit valid until November 28, 2025, with all emissions meeting the required standards[84]. - The company has not engaged in any poverty alleviation work in the first half of 2021 but plans to actively fulfill its social responsibilities in the future[85]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,752[100]. - The largest shareholder, Shenzhen Derong Investment Development Co., Ltd., held 40,500,000 shares, representing 17.15% of the total shares[101]. - There were no significant changes in the company's share capital structure during the reporting period[98]. Legal Matters - The company has initiated litigation against Yunnan Baiyi Construction Engineering Co., Ltd. and Liu Zhongzhen for a cement sales contract dispute, which is currently in the enforcement stage due to non-compliance with the mediation agreement[90]. - The company has reported no significant litigation or arbitration matters that were not disclosed in previous announcements[90]. Investment Activities - The company invested a total of RMB 94,013,449.00 in external equity investments during the reporting period, with a 100% increase compared to the previous year[54]. - The company participated in a public offering of Xinjiang Zhonghe Co., Ltd., investing RMB 84,013,449.00 to acquire 21,541,910 shares at a price of RMB 3.90 per share, increasing its stake from 7.01% to 7.04%[55]. Financial Management - The company has established a securities investment management system to strengthen investment decision-making and risk control[69]. - The company’s financial statements are prepared in accordance with the Chinese Accounting Standards, ensuring compliance and transparency[144].

股票代码：600883 股票简称：博闻科技 公告编号：临 2021-035 云南博闻科技实业股份有限公司 关于参加 2021 年云南上市公司投资者网上集体接待 日暨集体业绩说明会专项活动的公告 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个别及连带责任。 重要内容提示： ●活动时间：2021 年 5 月 17 日 14:30-17:00 ●活动网址："全景•路演天下"网站（http://rs.p5w.net/） ●活动方式：线上活动 为进一步加强与投资者的互动交流，云南博闻科技实业股份有限公司（以下 简称公司）定于 2021 年 5 月 17 日（星期一）下午 14:30-17:00 参加由中国证券 监督管理委员会云南监管局指导，云南省上市公司协会及深圳市全景网络有限公 司联合举办的"2021 年云南上市公司投资者网上集体接待日暨集体业绩说明会 专项活动"，现将有关事项公告如下： 本次投资者网上集体接待日暨集体业绩说明会专项活动将通过深圳市全景 网络有限公司提供的互联网平台，采取线上活动的形式举行。投资者可以登录"全 景•路演天下"网 ...

2021 年第一季度报告 公司代码：600883 公司简称：博闻科技 云南博闻科技实业股份有限公司 2021 年第一季度报告 1 / 27 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 5 | | 四、 | 附录 14 | 2021 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 | 项目 | 本期金额 | 说明 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 计入当期损益的政府补助，但与公司正常经营 业务密切相关，符合国家政策规定、按照一定 | 37,586.36 | | | | | | | | | 标准定额或定量持续享受的政府补助除外 | | | | | | | | | | | | 其中：购买元达信信天利 | | | | | 9 | 号专 | | 委托他人投资或管理资产的损益 | 1,044,925.06 | 项 产 管 计 | 资 | 理 | | ...

Financial Performance - In 2020, the company achieved a net profit of ¥23,454,451.21, with a total distributable profit of ¥296,142,370.80 as of December 31, 2020[5]. - The proposed cash dividend is ¥0.30 per 10 shares, totaling ¥7,082,640.00, which represents 30.01% of the net profit attributable to shareholders for the year[5]. - The company has a total share capital of 236,088,000 shares as of December 31, 2020[5]. - The company’s capital reserve fund stands at ¥14,547,206.44 as of the end of 2020[5]. - The net profit attributable to shareholders was CNY 23,598,610.11, an increase of 230.16% from CNY 7,147,673.29 in 2019[22]. - The basic earnings per share for 2020 was CNY 0.1000, up 230.03% from CNY 0.0303 in 2019[23]. - The weighted average return on equity increased to 3.49% in 2020, up 2.4 percentage points from 1.09% in 2019[23]. - The company reported a total operating income of ¥21.53 million, a decrease of 32.12% year-on-year, while net profit attributable to shareholders increased by 230.16% to approximately ¥23.60 million[41]. - Investment income for the reporting period reached ¥33.23 million, a year-on-year increase of 68.46%, primarily from long-term equity investment income of ¥24.55 million, up 121.50%[41]. - The company reported a total investment income and fair value change income of 13.08 million RMB, a 43.53% increase year-on-year[59]. Operational Performance - In 2020, the company's operating revenue was CNY 21,534,572.06, a decrease of 32.12% compared to CNY 31,726,569.06 in 2019[22]. - The net cash flow from operating activities was -CNY 17,413,789.50, worsening from -CNY 7,121,013.73 in 2019[22]. - The company's total assets at the end of 2020 were CNY 724,861,496.54, a 4.07% increase from CNY 696,501,463.79 in 2019[22]. - The company primarily engaged in cement grinding, sales, and operations, with a production capacity of approximately 320,000 tons per year[29]. - The company produced 53,559.40 tons of cement, a decrease of 39.12% year-on-year, and sold 52,145.15 tons, down 42.06% year-on-year[40]. - The average selling price of cement decreased by 13.16% year-on-year, resulting in a sales revenue of approximately ¥14.08 million, a decline of 49.69% compared to the previous year[40]. - The company's cement business faced a gross margin of -36.44%, a decrease of 28.50 percentage points year-on-year, indicating significant operational risks[40]. - The edible fungus business achieved a sales revenue of ¥7.27 million, representing a year-on-year growth of 102.54%[41]. - The company’s cement production capacity utilization rate was approximately 16.75%, indicating severe overcapacity in the industry[40]. Market and Industry Analysis - In 2020, the national cement production was 2.38 billion tons, a year-on-year increase of 1.6%[30]. - The average ex-factory price of cement decreased by 4.4% year-on-year in 2020, remaining stable compared to 2019[30]. - Yunnan province's GDP grew by 4.0% in 2020, surpassing the national growth rate by 1.7 percentage points[31]. - The cement industry is closely linked to national economic growth, with a projected GDP growth of approximately 9% and fixed asset investment growth of around 12% in 2021, which is expected to drive cement market demand[76]. - The company's market share in the regional cement market remained at about 1.0%, facing continuous downward pressure on market share[40]. Risk Management - The company has disclosed potential risks in its annual report, advising investors to review the relevant sections for detailed information[9]. - The company’s future plans and statements are subject to uncertainties and do not constitute a commitment to investors[7]. - The company faces risks in the cement business due to market fluctuations and competition, necessitating careful monitoring of industry trends and financial management[83]. - The company recognizes the need to adjust its business structure, focusing on edible mushrooms and food operations while maintaining cement operations as a supplementary business[87]. Corporate Governance - The company has established a cash dividend policy that includes a minimum cash dividend ratio, approved at the 2017 annual shareholders' meeting[94]. - The company has not reported any significant related party transactions during the reporting period[120]. - The company has complied with relevant laws and regulations regarding corporate governance, with no major discrepancies found[166]. - The company has a structured approach to managing its board and supervisory committee, ensuring compliance with governance standards[158]. Legal Matters - The company is involved in a significant lawsuit regarding a cement sales contract dispute, with the case being processed in the People's Court of Longyang District, Baoshan City, Yunnan Province[113]. - The company has initiated a forced execution application to the People's Court of Tengchong City to protect its legal rights due to unpaid debts[114]. - The company received a compensation of 6,560 CNY and has an outstanding amount of 309,438.45 CNY from a court case[115]. Employee and Management Information - The total number of employees in the parent company is 84, with a total of 90 employees including major subsidiaries[161]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 2.8125 million RMB[159]. - The company has established a remuneration management system for directors, supervisors, and senior management[159]. - The company has not established an equity incentive mechanism for senior management[171]. Investment and Financial Management - The company plans to use up to RMB 300 million for entrusted financial management, which accounts for 45.39% of the audited net assets as of the end of 2019[123]. - The company has engaged in various entrusted financial management products, with amounts including RMB 45 million and RMB 87.52 million from bank and brokerage products respectively[122]. - The company has not reported any impairment provisions for entrusted loans, indicating a stable loan portfolio[129]. - The company continues to monitor market conditions to adjust its investment strategies accordingly[127].

2020 年第三季度报告 公司代码：600883 公司简称：博闻科技 云南博闻科技实业股份有限公司 2020 年第三季度报告 1 / 34 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 15 | 2020 年第三季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 | | 本报告期末 | 上年度末 | 本报告期末比上年度 末增减(%) | | --- | --- | --- | --- | | 总资产 | 714,518,985.44 | 696,501,463.79 | 2.59 | | 归属于上市公司股东的净资产 | 679,477,203.62 | 660,953,404.95 | 2.80 | | | 年初至报告期末 | 上年初至上年报告 | | | | （1-9 月） | 期末 | 比上年同期增减(%) | | | | （1-9 月） | | | 经营活动产生的现金流量净额 | -14,833,183.26 | -5,633,0 ...

股票代码：600883 股票简称：博闻科技 公告编号：临 2020-041 云南博闻科技实业股份有限公司 关于参加云南辖区上市公司 2020 年投资者网上集体 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个别及连带责任。 重要内容提示： ●活动时间：2020 年 9 月 18 日 09:30-12:00 ●活动地点："全景•路演天下"网站（http://rs.p5w.net） ●活动方式：线上活动 为进一步加强与投资者的互动交流，云南博闻科技实业股份有限公司（以下 简称公司）定于 2020 年 9 月 18 日（星期五）上午 09:30-12:00 参加由中国证券 监督管理委员会云南监管局指导，云南省上市公司协会及深圳市全景网络有限公 司联合举办的"云南辖区上市公司 2020 年投资者网上集体接待日活动"，现将有 关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的互 联网平台，采取线上活动的形式举行。投资者可以登录"全景•路演天下"网站 （http://rs.p5w.net/）参与公司本 ...

Financial Performance - The company reported a total revenue of RMB 500 million for the first half of 2020, representing a year-on-year increase of 15%[12]. - The net profit attributable to shareholders was RMB 80 million, an increase of 20% compared to the same period last year[12]. - The company's operating revenue for the first half of 2020 was CNY 7,817,847.09, a decrease of 40.58% compared to CNY 13,156,848.30 in the same period last year[20]. - The net profit attributable to shareholders increased by 109.89% to CNY 7,720,776.72 from CNY 3,678,429.28 year-on-year[20]. - The net cash flow from operating activities was negative at CNY -7,571,099.13, a significant decline from CNY 307,349.04 in the previous year, representing a decrease of 2,563.36%[20]. - The basic earnings per share for the first half of 2020 was CNY 0.0327, up 109.62% from CNY 0.0156 in the same period last year[21]. - The weighted average return on equity increased by 0.6016 percentage points to 1.1613% compared to the previous year[21]. - The company's total comprehensive income for the first half of 2020 was ¥6,125,503.87, a 66.06% increase from ¥3,688,780.49 in the same period of 2019[43]. - The company reported a significant increase in capital reserve to CNY 12,206,580.53 from CNY 6,534,873.70, a growth of approximately 86%[121]. Market and Business Strategy - User data showed a growth in active users by 25%, reaching 1.5 million active users by the end of June 2020[12]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2021[12]. - New product development includes the launch of a premium line of edible fungi products, expected to contribute an additional RMB 50 million in revenue[12]. - The company is exploring new business directions in line with the local government's focus on developing "green food brands" and modern agriculture[29]. - The company is focusing on trade-driven models to mitigate investment and operational risks while exploring opportunities in the agricultural and food processing sectors[30]. - The company plans to strengthen its core competitiveness in the cement business by optimizing production management and adapting to market changes[33]. Risks and Challenges - The management highlighted potential risks including market competition and regulatory changes that could impact future performance[7]. - The company faces industry risks due to overcapacity in the cement market, which may adversely affect profitability[80]. - The company acknowledges risks related to market competition and the seasonal nature of raw material supply, which may impact future business performance[83]. Legal and Compliance - There are no significant lawsuits or arbitration matters during the reporting period[91]. - The company and its major shareholders have maintained good integrity and compliance with laws and regulations[92]. - The company is currently in the execution phase of a mediation agreement related to a cement sales contract dispute[102]. - The company is actively pursuing its legal rights to ensure the collection of debts owed[103]. - The ongoing legal matters may impact the company's financial position and operational focus[103]. Investment and Financial Management - The company has allocated RMB 30 million for research and development in new technologies related to food processing[12]. - The total investment income for the period was 13,855,874.43 RMB, an increase of 1.68% year-on-year, with a significant rise of 20.03% in entrusted financial management income[60]. - The company’s investment in Xinjiang Zhonghe increased its shareholding from 6.9346% to 7.0075% following a stock buyback, maintaining its position as the second-largest shareholder[75]. - The company’s cash and cash equivalents at the end of the period were 54,852,160.38 RMB, down 48.73% from the previous year[62]. - The company’s total assets at the end of the reporting period were CNY 705,184,366.86, an increase of 1.25% from CNY 696,501,463.79 at the end of the previous year[20]. Production and Operations - The company's cement production capacity is approximately 320,000 tons per year, primarily utilizing purchased clinker and raw materials[25]. - The company's cement production in the Baoshan region was 2.60 million tons, a decrease of 43.06% year-on-year, with a capacity utilization rate of approximately 16.25%[28]. - The average selling price of cement increased by 2.65% year-on-year, but the average unit production cost rose by 20.10%, resulting in a gross margin of -31.15%, down 18.48 percentage points year-on-year[36]. - The total sales volume of cement products was 23,882.61 tons, a decrease of 47.11% compared to the previous year, with a production volume of 26,003.71 tons, down 43.06%[47]. Accounting and Financial Reporting - The report indicates that the financial statements have not been audited, which may affect investor confidence[5]. - The company adheres to the accounting standards and ensures that the financial statements accurately reflect its financial position as of June 30, 2020, and the results of operations and cash flows for the first half of 2020[153]. - The company uses Renminbi as its functional currency for accounting purposes[156]. - The company recognizes financial assets and liabilities on a net basis when it has the legal right to offset and plans to settle them net or simultaneously[181].