黑龙江交通发展股份有限公司董事会 黑龙江交通发展股份有限公司 关于副总经理辞职的公告 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。 2023 年 8 月 24 日 黑龙江交通发展股份有限公司（以下简称"公司"）董事会近日收到 公司副总经理胡浩先生的辞职申请，胡浩先生因工作变动原因，申请辞去 公司副总经理职务。根据《公司法》《公司章程》等有关规定，胡浩先生 的辞职申请自送达公司董事会之日起生效。截至本公告披露日，胡浩先生 未持有本公司股份。辞职后，胡浩先生不再担任公司任何职务，其辞职不 会影响公司的正常运营。 胡浩先生在担任公司副总经理期间，恪尽职守，勤勉尽责，公司董事 会对胡浩先生在任职期间为公司发展所做出的贡献表示衷心感谢！ 证券代码：601188 证券简称：龙江交通 公告编号：临 2023-033 特此公告。 ...

证券代码：601188 证券简称：龙江交通 公告编号：临 2023-025 黑龙江交通发展股份有限公司 关于召开 2022 年度业绩暨现金分红说明会的公告 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： 会议召开时间：2023 年 05 月 31 日(星期三) 上午 09:00-10:00 会议召开地点：上海证券交易所上证路演中心（网址： 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 05 月 24 日(星期三) 至 05 月 30 日(星期 二)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过 公司邮箱 htdc@hljjt.com 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。 董事长：王海龙 董事、总经理：傅世学 黑龙江交通发展股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日发布公司 2022 年度报告，为便于广大投资者更全面深入地了解 公司 2022 年度经营成果、财务状况，公 ...

Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of 123,316,398.77 CNY, a decrease of 26.63% compared to 2021[6]. - The company's operating revenue for 2022 was 435,272,521.11 CNY, reflecting an 18.90% decline from the previous year[25]. - The net cash flow from operating activities dropped significantly by 81.65%, amounting to 42,664,763.93 CNY in 2022[25]. - The basic earnings per share for 2022 was 0.0944 CNY, down 26.13% from 2021[26]. - The diluted earnings per share for 2022 decreased by 26.13% to CNY 0.0944 compared to CNY 0.1278 in 2021[27]. - The weighted average return on equity fell to 2.74%, a decrease of 1.04 percentage points from 3.78% in the previous year[27]. - Non-recurring losses for 2022 totaled CNY -2.59 million, with significant impacts from asset disposals and government subsidies[31]. - The company reported a significant reduction in tax and additional charges, amounting to -¥22,923,400, a decrease of ¥31,040,800 year-on-year, mainly due to land value-added tax settlements[55]. - The company reported a significant ongoing arbitration case involving a guarantee contract dispute, with a performance guarantee deposit of RMB 24.2798 million[133]. Assets and Liabilities - Total assets increased by 3.54% year-on-year, reaching 5,225,944,971.76 CNY at the end of 2022[25]. - The company reported a net asset attributable to shareholders of 4,507,198,060.25 CNY, a slight increase of 0.11% from the previous year[25]. - Total liabilities increased to RMB 506,723,926.62 from RMB 350,126,269.00, marking a significant rise of around 44.73%[172]. - The company's cash and cash equivalents decreased to RMB 778,448,766.79 from RMB 1,005,255,964.29, a decline of about 22.52%[171]. - Accounts receivable rose to RMB 10,198,850.89 from RMB 7,988,617.77, reflecting an increase of approximately 27.03%[171]. - The total equity remained stable at RMB 1,315,878,571.00, unchanged from the previous year[172]. Dividends and Share Repurchase - The company plans to distribute a cash dividend of 0.57 CNY per 10 shares to all shareholders, with a total distributable profit of 110,945,489.96 CNY[6]. - The company repurchased 10,408,656 shares, accounting for approximately 0.79% of the total share capital[38]. - The total cash dividend amount for the year was 86,877,459.04 RMB, representing 70.45% of the net profit attributable to ordinary shareholders[114]. Operational Highlights - The company achieved a 100% satisfaction rate in service quality, supported by the implementation of a smart cloud toll collection system across all 42 toll lanes[36]. - The company completed 119,600 meters of road surface sealing and repaired 187 potholes, achieving a maintenance rate of over 98% for road structures[36]. - The company has successfully applied new technologies in road maintenance, including the use of modified asphalt concrete over 169,306 square meters[36]. - The company has implemented a digital transformation strategy, including the installation of smart pricing devices in operational vehicles[37]. Future Plans and Strategies - The company plans to achieve an annual revenue of CNY 985 million and a profit of over CNY 176 million in 2023[72]. - The company aims to enhance its highway investment and operation business, focusing on digital transformation and smart highway development[70]. - The company is exploring new investment projects in the "financial wing" and "industrial wing" to diversify its business and enhance growth[72]. - The company plans to continue its market expansion and product development strategies, focusing on new technologies and infrastructure investments[154]. Governance and Compliance - The company held three shareholder meetings during the reporting period, ensuring compliance with relevant laws and regulations[77]. - The board of directors convened 11 meetings, focusing on scientific decision-making to protect the interests of the company and its shareholders[79]. - The company strictly adheres to information disclosure regulations, ensuring timely and accurate reporting to maintain transparency[79]. - The company has implemented strict insider information management to prevent insider trading violations[80]. Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 612, with 510 in the parent company and 102 in subsidiaries[106]. - The company has established a performance evaluation mechanism for senior management, linking their compensation to performance metrics[117]. - The company has a training system in place that combines internal and external training to support employee growth[108]. Market and Industry Context - The total operating revenue for the highway industry decreased by 23.97% to ¥261,451,799.27, with a gross margin of 26.41%, down 15.4 percentage points year-on-year[51]. - The real estate sector reported an operating revenue of ¥95,486,957.15, a decline of 12.85%, with a gross margin of 34.27%, down 1.97 percentage points[51]. - Taxi operation revenue fell by 20.84% to ¥44,957,178.37, with a gross margin of 41.47%, down 0.64 percentage points[51]. Risk Management - The company has outlined potential risks in its future development discussions, emphasizing the importance of investor awareness[11]. - The company is focusing on risk management to mitigate the impacts of macroeconomic fluctuations on its highway toll revenue[73]. - The company will closely monitor industry policy dynamics and strengthen communication with government departments to enhance risk prevention capabilities and overall operational strength[74].

Financial Performance - The company's operating revenue for Q1 2023 was CNY 127,002,780.10, representing a year-on-year increase of 49.53%[3] - The net profit attributable to shareholders for the same period was CNY 62,793,146.11, reflecting a growth of 6.52% compared to the previous year[3] - The company's basic earnings per share for Q1 2023 was CNY 0.048, up by 6.67% year-on-year[3] - The net profit for Q1 2023 was CNY 64,579,124.95, an increase of 9.8% compared to CNY 59,121,137.44 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 64,579,124.95, compared to CNY 59,121,137.44 in Q1 2022, indicating an increase of 9.8%[19] - The operating profit for Q1 2023 was CNY 71,862,129.19, compared to CNY 69,039,314.70 in Q1 2022, marking a growth of 4.1%[18] Cash Flow - The net cash flow from operating activities was negative at CNY -139,110,437.91, a decline of 396.25% year-on-year[3] - The cash flow from operating activities showed a net outflow of CNY -139,110,437.91, a significant decrease from a net inflow of CNY 46,956,916.35 in Q1 2022[20] - The total cash outflow from operating activities surged to CNY 278,240,210.78, compared to CNY 26,105,834.39 in Q1 2022, indicating a substantial increase in operational expenses[31] - The cash flow from investment activities was negative at CNY -3,542,362.00, slightly improved from CNY -4,345,508.00 in the previous year[32] - The net increase in cash and cash equivalents was CNY -170,813,857.57, contrasting with a positive increase of CNY 47,682,824.25 in Q1 2022[32] - The ending balance of cash and cash equivalents was CNY 210,694,943.69, down from CNY 971,205,579.82 at the end of Q1 2022[32] Assets and Liabilities - Total assets at the end of Q1 2023 amounted to CNY 5,264,767,327.99, an increase of 0.74% from the end of the previous year[4] - Total assets increased to CNY 4,473,161,850.30 as of March 31, 2023, compared to CNY 4,414,150,359.61 at the end of 2022, reflecting a growth of approximately 1.33%[26] - Total liabilities decreased to CNY 481,059,347.14 as of March 31, 2023, down from CNY 506,723,926.62 at the end of 2022[14] - Total liabilities amounted to CNY 186,032,449.64, slightly down from CNY 186,826,039.19 at the end of 2022[26] - The company’s equity attributable to shareholders increased to CNY 4,287,129,400.66 from CNY 4,227,324,320.42, marking a growth of approximately 1.41%[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 38,808[6] - The largest shareholder, Heilongjiang Highway Group, holds 33.47% of the shares, totaling 440,482,178 shares[7] Expenses and Income - The company's financial expenses decreased by 50.62% due to reduced interest expenses from bank deposits[5] - The company reported a significant increase in other income by 74.68% due to tax exemptions on property and land use[5] - The company reported a decrease in accounts payable to ¥38,534,766.97 from ¥47,182,624.06 at the end of 2022, a reduction of 18.0%[13] - Research and development expenses for Q1 2023 were ¥241,332.32, indicating ongoing investment in innovation[17] - The company reported a financial income of CNY 1,029,580.85, down from CNY 4,350,895.14 in the previous year, reflecting a decrease of 76.4%[28] - The company received CNY 5,242,699.73 in tax refunds during Q1 2023, compared to CNY 141,724.79 in Q1 2022, showing a substantial increase[20]

Financial Performance - The company's operating revenue for Q3 2022 was ¥153,020,322.35, representing a decrease of 4.78% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2022 was ¥59,318,919.55, an increase of 4.39% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥64,728,407.51, showing a slight decrease of 0.77% compared to the previous year[6]. - Total operating revenue for the first three quarters of 2022 was CNY 347,006,748.71, a decrease of 18.7% compared to CNY 426,976,214.95 in the same period of 2021[29]. - The net profit for the current period is CNY 164,348,545.50, a decrease of 9.1% compared to CNY 180,896,805.69 in the previous period[34]. - The total profit for the current period is CNY 194,812,817.45, down from CNY 224,020,198.03, reflecting a decline of 13.0%[34]. - The operating profit for the current period is CNY 194,326,902.61, compared to CNY 227,454,406.09 in the previous period, indicating a decrease of 14.6%[34]. - The total comprehensive income attributable to the parent company is CNY 160,308,025.49, down from CNY 173,012,686.68, a decrease of 7.4%[34]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥92,152,553.08, reflecting a significant decline of 60.92%[10]. - The cash flow from operating activities for the current period is CNY 92,152,553.08, down 60.9% from CNY 235,813,136.27 in the previous period[38]. - The net cash flow from operating activities for the first three quarters of 2022 was ¥4,409,807.96, a significant decrease of 96.9% compared to ¥142,396,731.42 in the same period of 2021[59]. - The cash inflow from investment activities is CNY 664,295,050.52, an increase from CNY 632,205,927.95 in the previous period[39]. - The cash outflow from investment activities is CNY 943,441,482.14, compared to CNY 671,134,928.42 in the previous period, representing an increase of 40.5%[39]. - The net cash flow from investment activities showed a loss of ¥289,933,463.02, contrasting with a gain of ¥131,114,447.60 in the previous year[59]. - The net cash flow from financing activities is -CNY 126,486,857.34, worsening from -CNY 104,640,414.27 in the previous period[39]. - Cash received from sales and services was ¥212,705,150.77, a decline of 25.7% from ¥286,461,399.32 in the first three quarters of 2021[59]. - Cash received from tax refunds was ¥3,511.41, a decrease of 96.6% compared to ¥104,594.01 in the same period last year[59]. - Cash paid for employee compensation was ¥52,289,348.83, down 16.5% from ¥62,608,810.82 in the previous year[59]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,089,994,686.55, marking a 0.85% increase from the end of the previous year[10]. - The total assets as of September 30, 2022, amounted to CNY 5,089,994,686.55, a slight increase from CNY 5,047,258,334.55 at the end of 2021[25]. - The total liabilities as of September 30, 2022, were CNY 341,221,585.51, down from CNY 350,126,269.00 at the end of 2021, indicating a reduction of 2.6%[25]. - The company's total liabilities amounted to approximately $188.69 million, an increase from $174.04 million in the previous year, indicating a rise of about 8.5%[47]. - The company's cash and cash equivalents decreased to CNY 691,775,228.41 from CNY 1,005,255,964.29, representing a decline of 31.2%[20]. - Cash and cash equivalents decreased to approximately $525.01 million from $923.52 million, a decline of about 43.2%[44]. - The company's inventory decreased to approximately $871.41 thousand from $1.17 million, a reduction of about 25.7%[44]. - The inventory as of September 30, 2022, was CNY 450,942,006.52, a decrease from CNY 469,067,320.06 at the end of 2021, indicating a decline of 3.9%[20]. - The company's equity attributable to shareholders at the end of the reporting period was ¥4,549,882,128.29, up by 1.06% compared to the previous year[10]. - The total equity attributable to shareholders reached approximately $4.27 billion, up from $4.22 billion year-over-year, representing a growth of about 1.3%[49]. - The company's equity attributable to shareholders increased to CNY 4,549,882,128.29 from CNY 4,502,302,098.32, reflecting a growth of 1.1%[25]. - Long-term equity investments increased to approximately $1.74 billion from $1.69 billion, showing a growth of about 2.5%[44]. - The company's other receivables rose significantly to approximately $220.82 million from $90.12 million, an increase of about 145%[44]. Shareholder Information - The company reported a total of 40,380 common shareholders at the end of the reporting period[15]. - The largest shareholder, Heilongjiang Expressway Group Co., Ltd., holds 33.47% of the shares[15]. - Basic and diluted earnings per share for the current period are both CNY 0.122, down from CNY 0.131 in the previous period[34]. - The company reported a basic and diluted earnings per share of 0.121 yuan, down from 0.225 yuan in the same quarter of the previous year, reflecting a decline of approximately 46.2%[54]. - The basic earnings per share for Q3 2022 was ¥0.045, which is a 12.50% increase compared to the same period last year[10].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥193,986,426.36, a decrease of 27.15% compared to ¥266,269,416.71 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was ¥100,989,105.94, down 13.08% from ¥116,185,846.29 in the previous year[20]. - The net cash flow from operating activities was ¥60,303,254.72, a significant decline of 59.70% compared to ¥149,642,525.75 in the same period last year[20]. - Basic earnings per share for the first half of 2022 were ¥0.077, down 12.50% from ¥0.088 in the same period last year[20]. - The company reported a decrease in toll revenue due to significant impacts from the pandemic, resulting in reduced traffic volume[23]. - The company reported total assets of ¥5,120,589,115.52, an increase of 1.45% year-on-year[36]. - Operating revenue fell by 27.15% to ¥193,986,426.36, primarily due to reduced traffic flow during the pandemic[41]. - The company reported a net profit margin of approximately 37.6% for the first half of 2022, compared to 43.5% in the same period of 2021[112]. - The total profit for the first half of 2022 was ¥121,610,494.78, a decrease of 21.0% compared to ¥154,115,486.24 in the same period of 2021[116]. Assets and Liabilities - The total assets at the end of the reporting period were ¥5,120,589,115.52, reflecting a 1.45% increase from ¥5,047,258,334.55 at the end of the previous year[20]. - The total current assets increased from RMB 2,212,278,579.29 to RMB 2,280,164,362.81, reflecting a growth of about 3.1%[99]. - The company's total liabilities increased from RMB 337,810,034.98 to RMB 421,583,306.20, an increase of approximately 24.8%[102]. - The total liabilities amounted to CNY 283,816,605.71, an increase of 63.3% compared to CNY 174,037,700.44 in the previous period[110]. - The total owner's equity at the end of the period was 4,697,132,065.55, which includes various components such as capital stock and retained earnings[137]. Cash Flow - The company's cash flow from operating activities decreased by 59.70% to ¥60,303,254.72 due to lower revenues[41]. - Total cash inflow from operating activities was ¥190,717,007.71, down 49.5% from ¥376,823,652.81 year-on-year[127]. - Cash outflow from operating activities totaled ¥130,413,752.99, a decrease of 42.7% compared to ¥227,181,127.06 in the previous year[127]. - The cash flow from investment activities showed a net outflow of ¥282,216,467.39, contrasting with a net inflow of ¥32,262,973.29 in the first half of 2021[127]. - The total cash and cash equivalents at the end of the period were ¥756,206,016.82, a decrease from ¥675,710,760.59 at the end of the first half of 2021[130]. Shareholder Information - The company did not distribute profits during the reporting period[6]. - The company repurchased 10,408,656 shares, accounting for 0.79% of total share capital, at a total cost of ¥34,112,473.58[38]. - The largest shareholder, Heilongjiang Provincial Highway Group Co., Ltd., held 33.47% of the total shares, amounting to 440,482,178 shares[86]. - The second-largest shareholder, China Merchants Highway Network Technology Holdings Co., Ltd., held 16.52% of the total shares, amounting to 217,396,393 shares[89]. - The company had 40,678 ordinary shareholders by the end of the reporting period[86]. Operational Strategies - The company implemented a smart toll collection system, achieving an average of 2,800 transactions per day with a total transaction amount of ¥2.27 million[37]. - The company’s management team focused on enhancing operational efficiency and service quality amid ongoing pandemic impacts[32]. - The company plans to continue optimizing its industrial structure and management practices in line with its "14th Five-Year" plan[29]. - The company plans to enhance service management and implement a smart cloud tolling model to improve customer satisfaction and competitiveness[55]. - The company is closely monitoring policy changes that could affect toll revenue and is preparing effective responses to mitigate risks[54]. Related Party Transactions - The total amount of related party transactions during the reporting period was CNY 29,445,834.81, accounting for 100% of similar transaction amounts[78]. - The largest single related party transaction was with Heilongjiang Longyi Engineering Construction Co., Ltd., totaling CNY 20,817,575.31, which represents 70.70% of the total related party transaction amount[78]. Accounting Policies - The company’s accounting policies comply with the requirements of enterprise accounting standards, ensuring accurate financial reporting[171]. - The company applies its accounting policies consistently across subsidiaries, making necessary adjustments for any discrepancies in accounting periods or policies[179]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[177]. - The company assesses expected credit losses for various financial instruments, including lease receivables and unused loan commitments[191]. Legal and Compliance - The company is involved in an ongoing arbitration case regarding a guarantee contract dispute, with a claim for a performance deposit of RMB 24.28 million[75]. - There were no significant penalties or rectifications related to legal violations for the company or its major stakeholders during the reporting period[79]. - The company did not disclose any significant guarantees or other major contracts during the reporting period[84].

证券代码：601188 股票简称：龙江交通 编号：临 2022—022 黑龙江交通发展股份有限公司 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。 为促进公司规范运作、健康发展，增强公司信息透明度，加强与广大投资者沟通 交流，进一步提升投资者关系管理水平，黑龙江交通发展股份有限公司（以下简称 "公司"）将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于 2022 年 5 月 12 日 14:30-16:30 在"全景路演"（https://rs.p5w.net/html/132395.shtml）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业绩说明会"。 出席本次活动人员有：公司董事长王庆波先生、总经理龚宏先生、董事会秘书戴 琦女士、财务总监李志强先生。 为充分尊重投资者、提升交流的针对性，现就公司本次活动提前向投资者公开征 集问题，广泛听取投资者的意见和建议。投资者可于 2022 年 5 月 12 日 12:00 前访问 h ...

Financial Performance - The company's operating revenue for Q1 2022 was ¥84,936,834.23, a decrease of 6.67% compared to the same period last year[6]. - Net profit attributable to shareholders of the listed company was ¥58,952,294.55, an increase of 1.77% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥60,093,686.08, down by 8.70% compared to the previous year[6]. - Basic and diluted earnings per share were both ¥0.045, an increase of 2.27% compared to the same period last year[6]. - Operating profit for Q1 2022 increased to $69,039,314.70, compared to $67,995,316.34 in Q1 2021, reflecting a growth of 1.5%[29]. - Net profit for Q1 2022 was $69,311,071.98, up from $67,485,354.55 in Q1 2021, indicating a growth of 2.7%[29]. - The net profit for Q1 2022 was CNY 59,121,137.44, an increase of 2.99% compared to CNY 57,404,819.56 in Q1 2021[31]. - The net profit attributable to shareholders of the parent company was CNY 58,952,294.55, up from CNY 57,926,548.17, reflecting a growth of 1.77%[31]. - The company reported a total comprehensive income of CNY 59,121,137.44 for Q1 2022, compared to CNY 57,404,819.56 in Q1 2021, reflecting a growth of 2.99%[31]. Cash Flow - The net cash flow from operating activities was ¥46,956,916.35, a decrease of 9.78% year-on-year[6]. - Cash inflows from operating activities totaled CNY 95,501,817.35, down 44.73% from CNY 172,800,522.93 in the same period last year[34]. - Cash outflows from operating activities were CNY 48,544,901.00, a decrease of 59.78% compared to CNY 120,752,785.72 in Q1 2021[34]. - The net cash flow from operating activities was CNY 46,956,916.35, down 9.36% from CNY 52,047,737.21 in Q1 2021[34]. - The net cash flow from investing activities was -CNY 3,202,997.15, an improvement from -CNY 38,833,900.26 in Q1 2021[35]. - The net cash flow from financing activities was -CNY 20,895,963.49, compared to -CNY 18,000,000.00 in Q1 2021, indicating a larger outflow[35]. - The ending cash and cash equivalents balance was CNY 1,028,113,920.00, up from CNY 575,103,629.83 at the end of Q1 2021[35]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥5,079,735,698.45, reflecting a slight increase of 0.64% from the previous year[9]. - Total assets as of March 31, 2022, amounted to $5,079,735,698.45, compared to $5,047,258,334.55 at the end of 2021[23]. - Total liabilities decreased to $336,908,978.77 from $350,126,269.00 in the previous period[25]. - The company's inventory as of March 31, 2022, was $460,092,601.78, slightly down from $469,067,320.06 as of December 31, 2021[19]. - Long-term equity investments increased to $1,435,081,631.83 from $1,410,554,279.14 year-over-year[19]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,844[13]. - The weighted average return on net assets at the end of the reporting period was 1.3%, an increase of 1.56 percentage points from the end of the previous year[9]. - Shareholders' equity attributable to shareholders of the listed company was ¥4,547,838,576.02, up by 1.01% compared to the previous year[9]. Non-Recurring Items - Non-recurring gains and losses totaled -¥1,141,391.53 for the period[10]. - The company reported a financial income of $30,592,291.31 in Q1 2022, down from $38,258,739.07 in Q1 2021, reflecting a decrease of 20.0%[29].

Financial Performance - The company's operating revenue for Q3 2021 was ¥160,706,798.24, a decrease of 15.08% compared to the same period last year[7]. - Net profit attributable to shareholders for Q3 2021 was ¥56,826,840.39, down 38.89% year-on-year[7]. - Basic earnings per share for Q3 2021 was ¥0.04, a decrease of 39.35% compared to the same period last year[10]. - The weighted average return on equity for Q3 2021 was 1.26%, a decrease of 38.54 percentage points year-on-year[10]. - Total operating revenue for Q3 2021 reached ¥426,976,214.95, an increase of 18.9% compared to ¥359,146,749.39 in Q3 2020[28]. - Operating profit for Q3 2021 was ¥227,454,406.09, up 29.7% from ¥175,451,220.34 in Q3 2020[31]. - Net profit for Q3 2021 amounted to ¥180,896,805.69, representing a 24.7% increase from ¥145,023,755.13 in Q3 2020[31]. - Earnings per share for Q3 2021 were ¥0.131, compared to ¥0.104 in Q3 2020, reflecting a 26% increase[33]. - The company reported a tax expense of ¥43,123,392.34 for Q3 2021, up from ¥31,098,105.48 in Q3 2020, reflecting a 38.6% increase[31]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥5,214,102,107.52, an increase of 0.94% compared to the end of the previous year[10]. - The company's current assets totaled RMB 2,388,264,504.52, up from RMB 2,323,456,427.76 at the end of 2020, indicating a growth of approximately 2.79%[19]. - Total liabilities increased to ¥477,945,799.56 from ¥378,194,046.93, marking a 26.4% rise[24]. - The company's total liabilities decreased from RMB 474,346,128.22 to RMB 374,781,033.21, showing a reduction of about 21%[22]. - The non-current assets totaled RMB 2,825,837,603.00, slightly down from RMB 2,842,328,652.86, indicating a decrease of approximately 0.58%[22]. - The company's inventory decreased to RMB 476,628,616.90 from RMB 531,988,865.99, reflecting a decline of about 10.4%[19]. - Total equity attributable to shareholders rose to ¥4,642,889,023.21, up from ¥4,496,866,833.14, an increase of 3.3%[24]. Cash Flow - The company reported a net cash flow from operating activities of ¥235,813,136.27 for the year-to-date, an increase of 24.89% compared to the same period last year[10]. - Cash inflow from operating activities for the first three quarters of 2021 was RMB 574,684,096.17, an increase of 35.5% compared to RMB 424,174,902.46 in the same period of 2020[38]. - Net cash flow from operating activities for the first three quarters of 2021 was RMB 235,813,136.27, up 25% from RMB 188,817,857.38 in the previous year[38]. - Total cash inflow from investment activities in the first three quarters of 2021 reached RMB 632,205,927.95, significantly higher than RMB 244,492,917.81 in the same period of 2020[39]. - Cash and cash equivalents at the end of the third quarter of 2021 amounted to RMB 670,439,397.35, compared to RMB 515,062,996.95 at the end of the same period in 2020[39]. - The company reported a total cash outflow from investment activities of RMB 671,134,928.42 in the first three quarters of 2021, compared to RMB 619,359,614.60 in the previous year[39]. - The total cash outflow from operating activities was RMB 338,870,959.90 in the first three quarters of 2021, compared to RMB 235,357,045.08 in the same period of 2020[38]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 39,287[14]. - The largest shareholder, Heilongjiang Highway Group Co., Ltd., holds 33.47% of the shares[14]. Other Financial Metrics - The company reported a significant increase in other receivables, which decreased from RMB 63,952,897.10 to RMB 46,989,026.83, a decline of approximately 26.5%[19]. - Financial expenses improved, with a net income of -¥19,669,519.75 in Q3 2021 compared to -¥30,810,869.80 in Q3 2020, indicating a reduction in costs[28]. - Investment income for Q3 2021 was ¥78,272,716.87, an increase of 10.3% from ¥70,847,524.95 in Q3 2020[28]. - Deferred income decreased slightly from ¥1,850,123.61 to ¥1,810,665.99, a reduction of 2.1%[24]. Operational Insights - Non-recurring gains and losses for Q3 2021 totaled -¥8,403,629.04, reflecting various operational impacts[10]. - The company has no significant new product launches or technological advancements mentioned in the report[17].

Financial Performance - The company's operating revenue for the first half of 2021 was CNY 266,269,416.71, representing a 56.73% increase compared to CNY 169,892,032.32 in the same period last year[22]. - The net profit attributable to shareholders of the listed company reached CNY 116,185,846.29, a significant increase of 167.00% from CNY 43,515,501.82 in the previous year[22]. - The net profit after deducting non-recurring gains and losses was CNY 133,011,398.34, up 165.47% from CNY 50,105,053.81 in the same period last year[22]. - The net cash flow from operating activities was CNY 149,642,525.75, a substantial increase from CNY 4,700,771.61 in the previous year[22]. - The basic earnings per share for the first half of 2021 was CNY 0.088, reflecting a 165.86% increase from CNY 0.0331 in the same period last year[22]. - The company reported a total comprehensive income of CNY 81,453,431.96 for the period[153]. - The total profit for the first half of 2021 was ¥243,115,325.69, representing a 183.5% increase from ¥85,843,838.97 in the same period last year[120]. - The company reported a net profit of 3.54 million yuan for the first half of the year, while the subsidiary Xintong Real Estate achieved a net profit of 15.10 million yuan[39]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 5,133,362,677.67, a slight decrease of 0.63% compared to CNY 5,165,785,080.62 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company increased to CNY 4,552,390,650.57, a 1.23% rise from CNY 4,496,866,833.14 at the end of the previous year[22]. - The total liabilities decreased to ¥185,906,768.19 from ¥198,329,521.12, a reduction of approximately 6.73%[111]. - The company's cash and cash equivalents as of June 30, 2021, amount to approximately RMB 677.22 million, an increase from RMB 579.89 million at the end of 2020[99]. - Total current assets as of June 30, 2021, are approximately RMB 2.30 billion, slightly down from RMB 2.32 billion at the end of 2020[99]. - The total non-current assets include long-term equity investments valued at approximately RMB 1.46 billion, an increase from RMB 1.41 billion at the end of 2020[99]. Revenue Sources and Business Operations - The significant increase in revenue was primarily due to the recovery from the impact of COVID-19, which had previously affected toll service income and taxi operation income[25]. - The company has diversified its operations, including modern taxi services and investments in a bank, providing new profit sources[34]. - The company is focused on enhancing service levels and efficiency in line with the national transportation network planning goals for 2035[34]. - The company reported a total of 1,848,250,000 tons in highway freight transport volume, a year-on-year increase of 29%[33]. - The company implemented various measures to enhance toll management, including the introduction of toll robots to improve efficiency[38]. Investment and Strategic Initiatives - The company has approved a proposal for its wholly-owned subsidiary to invest in a new fund project, indicating a strategic move towards diversifying its investment portfolio[55]. - The company’s investment in the establishment of a partnership for equity investment amounted to 61 million yuan[47]. - The company signed strategic cooperation agreements with two universities to enhance technology transfer and talent cultivation[40]. - The company has plans for market expansion and new product development in the highway management sector[156]. Management and Governance - The company has appointed new executives, including Mr. Ge Zhongquan and Mr. Hu Hao as deputy general managers, indicating a shift in management structure[61][62]. - The company has committed to reducing related party transactions and avoiding competition with its controlling shareholder, ensuring compliance with relevant regulations[69]. - The company has made a commitment to not reduce its shareholdings during periods of market volatility, demonstrating confidence in its long-term value[71]. Legal and Compliance Issues - The company has been involved in a legal arbitration case since 2005 regarding the return of the performance guarantee deposit and interest, totaling RMB 25.29 million, which remains unresolved as of the latest report[75]. - The company is involved in a significant legal case concerning the capital contribution obligations of Jilin Plant Oil Group, with a court ruling requiring the group to fulfill its obligations or compensate for the shortfall of RMB 2.5 million plus interest[83]. Financial Management and Accounting Policies - The company's financial statements are prepared on a going concern basis, indicating no significant doubts about its ability to continue operations for at least the next 12 months[165]. - The accounting policies comply with enterprise accounting standards, ensuring a true and complete reflection of the company's financial status and operating results[166]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a non-common control merger[174]. - The company assesses credit risk on a portfolio basis, considering similar credit risk characteristics among financial assets[198].