证券代码：601366 证券简称：利群股份 公告编号：2020-079 债券代码：113033 债券简称：利群转债 利群商业集团股份有限公司 关于参加青岛辖区上市公司投资者网上集体接待日活动的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，利群商业集 团股份有限公司（以下简称"公司"）将参加由青岛证监局、青岛市上市公司协 会、上证所信息网络有限公司共同举办的"2020 年青岛辖区上市公司投资者网 上集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台举行，投资者 可以登录"上证路演中心"网站（http://roadshow.sseinfo.com）或关注微信 公众号：上证路演中心，参与公司本次投资者集体接待日活动，活动时间为 2020 年 9 月 25 日（星期五）下午 15:00 至 17:00。届时公司董事会秘书张兵先生、 财务总监胥德才先生将通过网络在线交流形式与投资者就公司治理、发展战略、 经营状况、融资计 ...

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥4.43 billion, a decrease of 32.06% compared to ¥6.52 billion in the same period last year[18]. - The net profit attributable to shareholders was a loss of approximately ¥9.22 million, a decline of 105.42% from a profit of ¥170.12 million in the previous year[18]. - The basic earnings per share for the first half of 2020 was -¥0.01, down 105.00% from ¥0.20 in the same period last year[19]. - The weighted average return on equity decreased by 3.86 percentage points to -0.20% from 3.66% in the previous year[19]. - The decline in revenue was primarily due to the impact of the COVID-19 pandemic, which significantly affected the company's department store and home appliance operations[19]. - The company's operating revenue for the reporting period was approximately ¥4.43 billion, a decrease of 4.31% compared to ¥4.63 billion in the same period last year[20]. - The net profit for the second quarter was ¥58.85 million, showing significant improvement compared to the first quarter[21]. - The company reported a significant increase in online sales through community group buying and live streaming, compensating for offline sales declines during the pandemic[35]. - The total comprehensive income for the first half of 2020 was CNY -13,856,315.36, compared to CNY 1,206,292.08 in the same period of 2019[112]. Cash Flow and Liquidity - The net cash flow from operating activities was approximately ¥104.53 million, a significant improvement compared to a negative cash flow of ¥16.21 million in the same period last year, representing a 744.96% increase[18]. - The net cash flow from operating activities increased significantly, mainly due to a rise in advance payments and improved cost control[21]. - Cash flow from operating activities generated a net amount of CNY 104,526,968.74, a significant improvement from a negative cash flow of CNY -16,206,697.51 in the first half of 2019[114]. - The company reported a net increase in cash and cash equivalents of 94,016,121.95 RMB at the end of the first half of 2020, down from 300,943,075.31 RMB in the same period of 2019[118]. - The company's cash balance at the end of the period was 94,016,121.95 RMB, a significant decrease from the previous year’s balance[118]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥12.65 billion, an increase of 5.09% from ¥12.04 billion at the end of the previous year[18]. - The total liabilities were RMB 8.17 billion, an increase from RMB 7.35 billion at the end of 2019, showing a rise of about 11.2%[101]. - The company's total assets reached 12.648 billion RMB, with a debt-to-asset ratio of 64.67% as of June 2020[80]. - The total equity attributable to the parent company at the end of the reporting period was approximately ¥4.68 billion, with a decrease of ¥207.14 million compared to the previous period[120]. - The total liabilities and equity at the end of the reporting period amounted to CNY 4,608,476,685.79[122]. Investments and Financing - The company completed the issuance of 1.8 billion RMB in convertible bonds to fund commercial complex projects and enhance its logistics capabilities[33]. - The company raised ¥1,500,252,206.65 from financing activities, a 221.90% increase from ¥466,058,826.58 in the same period last year, due to the issuance of convertible bonds[40]. - The company issued 18 million A-share convertible bonds with a total amount of 1.8 billion RMB, with a net fundraising amount of 1,789.29 million RMB after deducting issuance costs[72]. - The company maintained an AA credit rating for its convertible bonds, with a stable outlook[80]. Social Responsibility and Community Engagement - The company actively engaged in social responsibility by implementing price controls and low-price sales policies during the pandemic[20]. - In the first half of 2020, the company ensured the supply of essential goods, distributing nearly 3 million masks and over 15,910 tons of fruits and vegetables during the pandemic[32]. - The company continued to support poverty alleviation efforts, purchasing nearly 10 million RMB worth of agricultural products from national-level poverty-stricken counties in the first half of 2020[69]. - The company plans to continue increasing procurement from impoverished areas and establish long-term cooperative relationships to support industrial poverty alleviation[71]. Corporate Governance and Compliance - No profit distribution or capital reserve fund increase plan proposed for the half-year period[53]. - The company has committed to a 36-month lock-up period for major shareholders post-IPO, during which they cannot transfer or manage their shares[54]. - The company has confirmed that all commitments made by shareholders and management are being fulfilled as of the reporting period[54]. - The company will not seek special benefits through related party transactions that could harm the interests of Li Qun Department Store and its minority shareholders[59]. Accounting Policies and Financial Reporting - The company adheres to the accounting standards set by the Ministry of Finance, ensuring the financial statements reflect true and complete financial conditions[135]. - The company’s accounting policies include revenue recognition and measurement, inventory measurement, and fixed asset depreciation methods[134]. - The company recognizes the fair value of equity investments held prior to the acquisition date, with the difference between fair value and book value recorded as investment income for the current period[143]. - The group assesses expected credit losses based on the risk of default, with loss provisions recognized for financial assets measured at amortized cost and those measured at fair value with changes recognized in other comprehensive income[159].

Financial Performance - Operating revenue for the first quarter was approximately ¥2.41 billion, representing a year-on-year decline of 32.94%[8] - The net profit attributable to shareholders was a loss of approximately ¥68.07 million, a decrease of 203.79% compared to the same period last year[7] - The company's gross margin was impacted by rising costs and a decrease in sales, leading to a significant reduction in net profit[9] - Basic earnings per share were reported at -¥0.08, a decrease of 172.73% compared to the same period last year[7] - The company's Q1 2020 revenue decreased by 1.184 billion RMB, a year-on-year decline of 32.94%, primarily due to the implementation of new revenue recognition standards[18] - The net profit attributable to shareholders decreased by 165.09 million RMB, significantly impacted by the COVID-19 pandemic and rising costs of goods sold[18] - The company's total comprehensive income for Q1 2020 was -¥67,653,571.82, compared to ¥96,562,451.23 in Q1 2019[36] - The operating profit for Q1 2020 was -¥53,666,825.97, compared to ¥135,161,622.54 in Q1 2019[35] Cash Flow - The cash flow from operating activities increased significantly to approximately ¥467.52 million, compared to a negative cash flow of ¥19.46 million in the same period last year, marking an increase of 2,502.31%[7] - The net cash flow from operating activities for Q1 2020 was ¥467.52 million, a significant improvement from a net outflow of ¥19.46 million in Q1 2019[41] - The total cash outflow from investing activities in Q1 2020 was ¥256.31 million, compared to ¥1.39 billion in Q1 2019, indicating a reduction in investment expenditures[42] - Cash inflow from financing activities in Q1 2020 was ¥710 million, up from ¥640 million in Q1 2019, reflecting increased borrowing[42] - The company’s cash flow from operating activities showed a positive trend with a net inflow of ¥232.16 million in Q1 2020, compared to ¥183.58 million in Q1 2019[44] - The company’s cash flow from investing activities was negative at -¥73.90 million in Q1 2020, a significant improvement from -¥1.28 billion in Q1 2019, suggesting a strategic shift in investment approach[44] Assets and Liabilities - The company's total assets at the end of the first quarter were approximately ¥11.92 billion, a decrease of 0.94% compared to the end of the previous year[7] - The company's total liabilities as of March 31, 2020, amounted to ¥7,308,689,233.30, slightly down from ¥7,351,903,188.00 at the end of 2019[27] - Current liabilities totaled ¥6,678,416,374.33, a decrease of 0.7% from ¥6,722,963,503.31 in the previous period[27] - Non-current liabilities were reported at ¥630,272,858.97, showing a minor increase from ¥628,939,684.69[27] - The equity attributable to shareholders was ¥4,605,327,766.51, down from ¥4,675,789,405.23[27] - Cash and cash equivalents stood at ¥145,930,112.91, up from ¥126,809,224.87 in the previous year[30] Business Segments - The supermarket segment saw a 17.91% increase in main business revenue, while the department store and home appliance segments experienced declines of 38.16% and 25.63%, respectively[8] - The supermarket segment's main business revenue increased by 17.91%, while the department store and home appliance segments saw declines of 38.16% and 25.63%, respectively[18] Support Measures - The company provided rent reductions totaling approximately ¥62.22 million to support small and medium-sized merchants during the pandemic[9] - The company actively supported small and medium-sized merchants during the pandemic, providing rent reductions totaling 62.22 million RMB[18] Shareholder Information - The number of shareholders reached 50,433, with the top ten shareholders holding a combined 59.67% of the shares[16] - The first major shareholder, Li Qun Group, holds 17.95% of the shares, while Qingdao Jun Tai Fund holds 14.20%[16]

Financial Performance - The company reported a total distributable profit of RMB 1,473,975,079.04 as of December 31, 2019, with a proposed cash dividend of RMB 1.5 per 10 shares, amounting to a total of RMB 129,075,069[5]. - The cash dividend payout ratio for the year was 48.29%, with retained earnings of RMB 1,344,900,010.04 to be carried forward for future distribution[5]. - The company's operating revenue for 2019 reached ¥12,441,176,211.25, an increase of 8.98% compared to ¥11,416,243,188.40 in 2018[23]. - Net profit attributable to shareholders was ¥267,290,104.06, reflecting a significant increase of 32.25% from ¥202,105,143.98 in the previous year[23]. - Basic earnings per share rose to ¥0.31, a 34.78% increase from ¥0.23 in 2018[24]. - The weighted average return on equity improved to 5.77%, up by 1.31 percentage points from 4.46% in 2018[24]. - The net cash flow from operating activities was ¥322,205,449.72, a substantial recovery from a negative cash flow of ¥1,609,775.93 in 2018[23]. - The company achieved a total revenue of 1,152,858.74 million yuan in 2019, with a gross profit of 202,215.32 million yuan, resulting in an overall gross margin of 17.54%[40]. Audit and Compliance - The company has received a standard unqualified audit opinion from the accounting firm Xin Yong Zhong He[4]. - The company is committed to ensuring the accuracy and completeness of its financial reports as stated by its management[4]. - The company has not reported any violations of decision-making procedures in providing guarantees[7]. - The company has not reported any significant accounting errors or the need for corrections during the reporting period[145]. - The company appointed Xinyong Zhonghe Accounting Firm as the auditor for the fiscal year 2019, with an audit fee of RMB 1,500,000[146]. Corporate Governance - The company has committed to a 36-month lock-up period for major shareholders, during which they will not transfer or manage their shares[133]. - The company will ensure that any related party transactions are conducted fairly and transparently, adhering to market principles[137]. - The company has established a framework to manage and minimize related party transactions[137]. - The company has committed to ensuring that related party transactions with Lihua Group will be conducted on fair and open market principles[138]. - The company has established strict standards for store location selection to mitigate operational risks associated with geographic positioning[120]. Market Expansion and Strategy - The company plans to continue expanding its market presence and enhancing operational efficiency to drive future growth[25]. - The company is actively pursuing mergers and acquisitions to strengthen its market position and expand its operational footprint[86]. - The company plans to accelerate the opening of various retail stores, aiming for a higher market share in key regions and expanding its presence across multiple provinces, with a focus on establishing a comprehensive commercial brand nationwide[106]. - The company is expanding its retail formats by increasing the number of large supermarkets and community stores, with a goal to cover community markets comprehensively and ensure timely supply of products[109][110]. Social Responsibility - The company has committed to purchasing agricultural products from poverty-stricken areas, with a procurement amount of nearly 20 million RMB in 2019[159]. - The company has engaged in social responsibility activities, including a donation of 300,000 RMB to support the construction of water reservoirs for three schools in Anshun City[161]. - The company has been actively involved in poverty alleviation efforts, including a series of consumer support activities and direct procurement from national-level poverty counties[159]. Logistics and Supply Chain - The logistics group has a total warehousing area of approximately 340,000 square meters, with a daily throughput of 1,300 tons and over 300 delivery vehicles[36]. - The company is enhancing its supply chain capabilities by increasing the proportion of self-operated products and improving logistics infrastructure, including the construction of urban logistics centers and a highly automated warehousing system[108]. - The logistics center has a total storage area of approximately 340,000 square meters, including over 60,000 square meters for cold chain storage[47]. Employee and Management - The total salary and bonuses distributed to employees reached approximately CNY 757 million, an increase of about 2.3% year-on-year[165]. - The company plans to increase employee salaries by 10%-20% annually based on economic performance[194]. - The company employed a total of 9,015 staff, with 6,952 in sales roles, 287 in production, and 339 in technical positions[193]. Shareholder Information - The largest shareholder, Lihua Group Co., Ltd., holds 17.95% of the company's shares, while the third-largest shareholder, Qingdao Lihua Investment Co., Ltd., holds 4.88%, together accounting for 22.83% of the shares[176]. - The total number of shares held by the top ten shareholders is 422,000,000, representing a significant portion of the company's equity[173]. - The company does not have a controlling shareholder as the combined shareholding of the largest and third-largest shareholders does not exceed the controlling threshold[176]. Challenges and Risks - The company anticipates challenges due to macroeconomic fluctuations and the impact of the COVID-19 pandemic on retail sales, particularly in sectors like department stores and dining[119]. - The rapid expansion of the company's asset scale increases management complexity, necessitating higher operational and management standards[122].

Financial Performance - Operating revenue increased by 13.29% year-on-year, reaching ¥9,398,701,909.77, driven by new store openings and sales growth in existing stores[8] - Net profit attributable to shareholders decreased by 27.52% year-on-year, totaling ¥215,366,601.76, primarily due to losses from newly opened stores[11] - Basic earnings per share decreased by 28.57% to ¥0.25, while diluted earnings per share fell by 42.86% to ¥0.20[8] - The weighted average return on net assets decreased by 1.73 percentage points to 4.61%[8] - Net profit for the first three quarters of 2019 was ¥1,098,836,626.31, down from ¥1,279,963,395.33 in the same period of 2018, indicating a decrease of approximately 14.14%[24] - The total profit for the first three quarters of 2019 was approximately ¥349.27 million, compared to ¥423.50 million in the same period of 2018, a decrease of about 17.5%[26] - Net profit for Q3 2019 reached ¥45.24 million, compared to ¥15.99 million in Q3 2018, indicating a significant increase of approximately 183.5%[26] - The total profit for Q3 2019 was approximately ¥82.07 million, up from ¥48.72 million in Q3 2018, reflecting a growth of around 68.4%[26] Cash Flow and Liquidity - Net cash flow from operating activities dropped by 42.36% year-on-year, amounting to ¥342,566,818.36, attributed to increased procurement and operational expenses[11] - Cash and cash equivalents decreased by 66.43% to ¥745,490,813.17 from ¥2,220,461,849.59 due to construction expenditures for logistics centers and payment for equity transfer[16] - Cash inflow from operating activities totaled 11,557,938,315.72 CNY in Q3 2019, compared to 10,306,792,809.90 CNY in Q3 2018, marking an increase of approximately 12.1%[34] - The net cash flow from investment activities decreased by 137.31% to -¥1,934,104,320.10 from -¥815,007,618.22, mainly due to the commencement of construction for logistics centers[16] - Cash inflow from financing activities was CNY 1,242,000,000.00, a decrease from CNY 1,440,000,000.00 in the same period last year[37] - Net cash flow from financing activities was CNY 202,641,434.26, down 75.5% from CNY 822,844,810.55 in 2018[37] Assets and Liabilities - Total assets decreased by 9.50% compared to the end of the previous year, amounting to ¥11,640,730,912.72[7] - Total liabilities increased, with short-term borrowings reaching ¥1,940,000,000.00, up from ¥1,160,000,000.00[18] - Total assets as of September 30, 2019, amounted to ¥8,654,202,630.04, a decrease from ¥9,267,910,121.22 at the end of 2018[23] - Total liabilities decreased to ¥4,433,563,214.59 from ¥4,866,143,936.75, representing a reduction of about 8.91%[23] - Long-term borrowings were reduced to ¥384,000,000.00 from ¥512,000,000.00, reflecting a decrease of 25%[23] Operational Insights - The company is experiencing improved operational conditions in newly opened stores, with some achieving profitability[11] - Increased operational costs in newly opened stores are impacting overall profitability, but the loss margin has narrowed compared to the first half of 2019[11] - Management expenses increased by 60.54% to ¥622,659,793.37 from ¥387,847,560.81, mainly due to increased management costs from new store openings[16] - Financial expenses surged by 103.48% to ¥97,918,651.28 from ¥48,121,913.45, attributed to increased interest expenses[16] Shareholder Information - As of the report date, the total number of shareholders was 48,803, with the top ten shareholders holding a combined 59.66% of shares[13]

证券代码：601366 证券简称：利群股份 公告编号：2019-059 利群商业集团股份有限公司 关于参加青岛辖区上市公司投资者网上集体接待日 活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，利群商业集 团股份有限公司（以下简称"公司"）将参加由青岛证监局、青岛市上市公司协 会、上证所信息网络有限公司共同举办的"2019 年青岛辖区上市公司投资者网 上集体接待日"活动，现将有关事项公告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的平台举行，投资者 可以登录"上证路演中心"网站（http://roadshow.sseinfo.com）或关注微信 公众号：上证路演中心，参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 20 日（星期五）下午 15:00 至 17:00。届时公司董事会秘书张兵先生、 财务总监胥德才先生将通过网络在线交流形式与投资者就公司治理、发展战略、 经营状况、融资计划、可持续发展等投资者关注的问题进行沟通。 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 6,518,913,457.15, representing a year-on-year increase of 15.91% due to new store openings and sales growth in existing stores[19]. - The net profit attributable to shareholders decreased by 39.49% to CNY 170,118,004.74, primarily due to losses from newly opened stores under Liqun Times[19]. - Excluding the losses from newly opened stores, the net profit from existing stores and wholesale logistics business increased by 35.26%[19]. - The basic earnings per share dropped to CNY 0.20, down 39.39% compared to the same period last year[20]. - The diluted earnings per share also fell to CNY 0.20, reflecting the same percentage decrease as basic earnings[20]. - The weighted average return on net assets decreased by 2.35 percentage points to 3.66%[20]. - The total assets at the end of the reporting period were CNY 11,361,464,654.05, a decrease of 11.67% compared to the end of the previous year[19]. - The net profit for the same period was 170 million RMB, a year-on-year decrease of 39.49%, but excluding losses from newly opened stores, net profit from existing stores increased by 35.26%[37]. - The total profit for the first half of 2019 was CNY 267,202,916.67, a decrease of 28.7% compared to CNY 374,786,364.03 in the same period of 2018[110]. Cash Flow and Assets - The net cash flow from operating activities decreased by 104.85%, mainly due to increased procurement costs and higher operating expenses from newly opened stores[19]. - The company's cash flow from operating activities showed a net outflow of 16.21 million RMB, a significant decrease compared to a net inflow of 334.12 million RMB in the previous year[44]. - Total assets decreased by 68.14% in cash and cash equivalents, amounting to 707.44 million RMB at the end of the reporting period[46]. - Cash and cash equivalents were reported at CNY 707,435,290.73, significantly lower than CNY 2,220,461,849.59 at the end of 2018, indicating a decrease of about 68.2%[100]. - The company reported a significant increase in cash outflows related to investment activities, totaling CNY 1,720,295,984.77 in the first half of 2019, compared to CNY 628,389,153.17 in the same period of 2018[116]. Business Operations - The company operates a retail chain business with a total of 86 large retail stores, 57 convenience stores, and 9 fresh community stores, covering over 2 million square meters[26]. - The company has established 6 modern logistics centers with a total storage area exceeding 320,000 square meters, supporting its brand agency and logistics distribution business[26]. - The company has developed an O2O model through its platform, integrating over 90% self-operated products, enhancing customer service efficiency[27]. - The company aims to leverage its supply chain advantages to expand into the B2B market, providing a one-stop procurement service for various business needs[27]. - The company opened 50 new category collection stores, covering various categories such as beauty, bags, toys, and sports brands[40]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 48,117[85]. - The largest shareholder, Li Qun Group Co., Ltd., held 154,431,089 shares, representing 17.95% of total shares[87]. - The top three shareholders collectively held 273,601,753 shares, which is approximately 34.03% of total shares[87]. - The first major shareholder, Li Qun Group, has a 68.34% stake in the company[88]. - The company has commitments from major shareholders to not transfer shares for 36 months post-IPO, ensuring stability[58]. Risk Management - The company is aware of market risks, operational risks, management risks, and risks associated with cross-regional operations[50]. - The management acknowledges the increased operational and management difficulties due to rapid expansion[53]. - The company emphasizes the need for improved management capabilities to adapt to its growing scale[53]. Corporate Governance - The company appointed Xin Yong Zhong He Accounting Firm as the auditor for the 2019 fiscal year, with the audit fee determined by the board based on market price and service quality[63]. - There were no significant lawsuits or arbitration matters during the reporting period[63]. - The company did not disclose any stock incentive plans or employee stock ownership plans during the reporting period[64]. Accounting Policies - The company has not made any changes to its accounting policies that would affect current profits, total assets, or net assets[82]. - The company adheres to the accounting standards, ensuring that financial statements accurately reflect its financial position and performance[150]. - The accounting period for the company is from January 1 to December 31 each year[151]. Investment Activities - The company invested ¥8,639,753.71 in acquiring subsidiaries and other business units during the reporting period[120]. - The cash outflow for the purchase of fixed assets and intangible assets was ¥35,227,867.50[120]. - The company reported a significant increase in cash inflows from financing activities compared to the previous period, reflecting improved access to capital[120]. Social Responsibility - The company continues to actively fulfill its social responsibility by increasing procurement from impoverished areas and establishing long-term cooperation[79]. - The company signed a special poverty alleviation loan agreement with the National Development Bank for purchasing goods from impoverished areas[78].

Financial Performance - Operating revenue increased by 16.89% year-on-year to CNY 3,594,497,726.51, driven by the growth in existing store sales and the reopening of Lotte Shopping stores in East China, now renamed as Li Qun Era[7] - Net profit attributable to shareholders decreased by 52.95% to CNY 68,742,880.66, largely due to increased costs associated with the newly acquired stores[6] - Basic and diluted earnings per share decreased by 38.89% to CNY 0.11[6] - The company reported a net profit of CNY 1,689,550,849.37, up from CNY 1,592,622,600.93, an increase of approximately 6.1%[20] - Total operating revenue for Q1 2019 was ¥3,594,497,726.51, an increase of 17.0% compared to ¥3,075,234,862.75 in Q1 2018[25] - Net profit for Q1 2019 was ¥96,988,706.18, a decrease of 38.3% from ¥157,476,397.99 in Q1 2018[26] - Operating profit for Q1 2019 was ¥135,161,622.54, down 34.8% from ¥207,175,939.61 in Q1 2018[26] - Total comprehensive income for Q1 2019 was ¥96,562,451.23, down 38.5% from ¥157,476,397.99 in Q1 2018[27] Cash Flow - Cash flow from operating activities was negative at CNY -19,461,401.18, attributed to higher payments for goods, employee salaries, and property rents following the opening of Li Qun Era stores[10] - In Q1 2019, the company reported cash inflow from operating activities of CNY 4,289,501,139.39, an increase of 20.7% compared to CNY 3,552,342,139.93 in Q1 2018[30] - The net cash flow from operating activities was negative at CNY -19,461,401.18, a significant decline from CNY 215,966,067.01 in the same period last year[30] - Cash outflow for purchasing goods and services was CNY 3,627,768,422.36, up from CNY 2,865,695,172.74, reflecting a 26.6% increase year-over-year[30] - The total cash outflow for operating activities was CNY 4,308,962,540.57, compared to CNY 3,336,376,072.92 in the same quarter last year, indicating a 29.2% increase[30] Assets and Liabilities - Total assets decreased by 8.81% to CNY 11,730,124,353.91, primarily due to the payment of CNY 1,230.79 million for the acquisition of Lotte Shopping[6] - The company's current assets totaled RMB 4,088,529,825.74, down from RMB 5,323,259,963.01, indicating a decrease of about 23.2%[18] - Cash and cash equivalents were reported at RMB 976,062,535.13, significantly lower than RMB 2,220,461,849.59 from the previous year, representing a decline of approximately 56%[17] - The total liabilities increased to RMB 9,200,000,000.00, up from RMB 8,000,000,000.00, indicating an increase of 15%[18] - Total liabilities decreased from CNY 8,292,446,911.26 to CNY 7,061,381,042.52, a reduction of approximately 14.8%[19] - Current liabilities totaled CNY 6,279,996,564.00, down from CNY 7,443,556,024.61, indicating a decline of about 15.6%[19] - Non-current liabilities decreased from CNY 848,890,886.65 to CNY 781,384,478.52, reflecting a decrease of approximately 7.9%[19] Shareholder Information - The total number of shareholders at the end of the reporting period was 49,674[12] - The top shareholder, Li Qun Group Co., Ltd., held 17.95% of shares, totaling 154,431,089 shares[13] Government Subsidies - The company received government subsidies amounting to CNY 21,973,931.15, which were included in the current period's profit[10] Inventory and Receivables - Accounts receivable increased to RMB 193,549,084.10 from RMB 152,859,809.96, marking an increase of about 26.6%[18] - Inventory decreased to RMB 1,944,890,274.93 from RMB 2,059,943,848.95, a reduction of approximately 5.6%[18] - Accounts receivable decreased from CNY 165,204,494.99 to CNY 23,573,223.05, a significant drop of about 85.7%[21] - Inventory increased from CNY 28,073,693.24 to CNY 32,796,070.41, an increase of approximately 16.4%[21] Changes in Financial Policies - The company has not reported any significant changes in accounting policies or major financial indicators during the reporting period[15] - There are no overdue commitments or significant changes in net profit forecasts compared to the previous year[15] - The company executed new financial instrument standards starting January 1, 2019, with no substantial impact on its financial statements[35]

Financial Performance - The company's operating revenue for 2018 was RMB 11,413,916,206.47, representing an increase of 8.15% compared to RMB 10,553,770,053.01 in 2017[21]. - The net profit attributable to shareholders for 2018 was RMB 202,076,080.14, a decrease of 48.78% from RMB 394,530,604.18 in 2017[21]. - The basic earnings per share for 2018 was RMB 0.23, down 53.06% from RMB 0.49 in 2017[23]. - The company generated a net cash flow from operating activities of RMB 21,324,185.39 in 2018, a significant decrease of 97.73% from RMB 937,385,038.67 in 2017[21]. - The company's net profit attributable to shareholders decreased by 48.78% year-on-year in 2018, primarily due to the costs associated with the acquisition of the Lotte stores, which began opening in August and were still in the market cultivation phase by year-end[24]. - The company reported a net profit of RMB 451.64 million for LQ Group, while several subsidiaries reported losses, indicating a need for strategic adjustments[102]. - The company aims to achieve a revenue target of 12.5 billion yuan and a net profit of 260 million yuan for 2019, focusing on refined management to improve performance[113]. Asset Management - The total assets of the company at the end of 2018 were RMB 12,862,912,771.42, an increase of 64.48% from RMB 7,820,575,998.84 in 2017[22]. - Total assets increased by 50.42 billion RMB, a year-on-year rise of 64.48%, mainly due to the acquisition of Lotte's subsidiaries and stores in the East China region[24]. - Cash and cash equivalents increased to CNY 2.22 billion, representing 17.26% of total assets, up from 6.94% in the previous period, marking a 308.90% increase[73]. - Inventory rose to CNY 2.06 billion, accounting for 16.01% of total assets, with a year-on-year increase of 61.54% due to new store openings and logistics expansions[74]. Store Expansion and Operations - The company operates 87 large retail stores, 50 convenience stores, and 9 fresh community stores, with a total operating area exceeding 2 million square meters[31]. - The company opened 6 new "LiQun·FuJi Farm" community stores and 13 convenience stores in 2018, contributing to the growth of innovative business formats[61]. - The company opened multiple new stores in 2018, including locations in Huai'an, Yangzhou, and Shanghai, with investments ranging from 13.7 million to 48.8 million CNY per store[82]. - The total investment for the newly opened stores in 2018 amounts to approximately 500 million CNY, reflecting the company's aggressive growth strategy[82]. - The company plans to continue expanding its market presence through acquisitions and new store openings, particularly in the retail sector[76]. Logistics and Supply Chain - The logistics centers cover over 320,000 square meters and support the company's brand agency and commercial logistics distribution business[32]. - The company has established a mature logistics platform, recognized as a top logistics enterprise in China, with over 300 delivery vehicles serving multiple provinces[44]. - The company is focused on enhancing its cold chain logistics capabilities to ensure the delivery of perishable goods[90]. - The company has implemented a comprehensive evaluation process for suppliers, ensuring product quality and compliance before signing contracts[92]. Digital Transformation and E-commerce - The company has established two online platforms, O2O and B2B, leveraging over 90% self-operated products to integrate online and offline services effectively[33]. - Online business sales reached 716 million RMB in 2018, a year-on-year growth of 59%, with the LiQun online platform accounting for 70.05% of this revenue[58]. - The company plans to expand its O2O and B2B market efforts in 2019, focusing on consumer needs and enhancing service platform capabilities[119]. Corporate Governance and Shareholder Relations - The company has committed to a transparent dividend policy to ensure stable returns for shareholders[128]. - The company has committed to a lock-up period of 36 months for major shareholders, during which they will not transfer or manage their shares[134]. - The company has outlined a plan to ensure that any share reduction after the lock-up period will not be below the issue price[135]. - The company has established a commitment to not reduce shareholdings within two years post-lock-up at prices below the issue price[135]. Community Engagement and Corporate Social Responsibility - The company provided approximately 74 million yuan in wages and bonuses in 2018, an increase of about 37.04% year-on-year[165]. - The company sent out over 12,000 "New Year gift packages" valued at over 1.2 million yuan to underprivileged families during the 2019 Spring Festival[161]. - The company has cumulatively invested nearly 20 million yuan in the "Send Warmth to Thousands of Families" initiative over the past 20 years[166]. Challenges and Risks - The company faces risks from macroeconomic fluctuations that could impact consumer demand in the retail market[120]. - The rapid growth in e-commerce poses a challenge to traditional retail channels, necessitating the company's adaptation strategies[120]. - The complexity of management increases with the rapid expansion of store numbers and operational scale, requiring enhanced management capabilities[124].

2018 年第三季度报告 公司代码：601366 公司简称：利群股份 利群商业集团股份有限公司 2018 年第三季度报告 1 / 22 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 8 | | 四、 | 附录 | 10 | 2018 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人徐恭藻、主管会计工作负责人曹莉娟及会计机构负责人（会计主管人员）胥德才 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 12,614,826, ...