Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.03 billion, a decrease of 9.84% compared to ¥1.14 billion in the same period last year[24]. - The net profit attributable to shareholders of the listed company was a loss of approximately ¥4.57 million, a decline of 128.88% from a profit of ¥15.82 million in the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of approximately ¥24.78 million, compared to a profit of ¥0.90 million in the same period last year, representing a decrease of 2,847.18%[24]. - The net cash flow from operating activities was a negative ¥14.13 million, compared to a negative ¥195.81 million in the previous year, indicating an improvement[24]. - The total assets at the end of the reporting period were approximately ¥4.17 billion, an increase of 0.36% from ¥4.15 billion at the end of the previous year[24]. - The net assets attributable to shareholders of the listed company were approximately ¥2.40 billion, a slight decrease of 0.20% from ¥2.40 billion at the end of the previous year[24]. - The company reported a total revenue of 1,027.53 million RMB, a year-on-year decrease of 9.84%[36]. - The main business revenue was 994.41 million RMB, down 10.33% year-on-year[36]. - Basic and diluted earnings per share were both -0.01 RMB, a decrease of 133.33% compared to the previous year[26]. - The weighted average return on equity was -0.19%, down 0.86 percentage points year-on-year[26]. Impact of COVID-19 - The company faced significant operational disruptions due to COVID-19, particularly from March to May 2022, affecting logistics and production[26]. - The company faced challenges due to COVID-19, leading to a reduction in book sales and logistics operations, impacting overall revenue[47]. - The book retail market experienced a negative growth of 13.8% in the first half of 2022, with physical stores declining by 39.7% year-on-year[32]. Business Strategy and Focus - The company has maintained its core business in publishing and distribution of educational materials and general books[33]. - The company is focusing on enhancing its core competitiveness and expanding into cultural creativity and investment finance sectors[35]. - The company is actively expanding marketing channels through online live broadcasts and social media marketing to boost book sales[39]. - The company is focusing on digital transformation and innovation in publishing to adapt to changing market dynamics[57]. - The company plans to continue centralized procurement of raw materials to enhance bargaining power and reduce costs[57]. Subsidiary Performance - The company reported a net profit of 116.97 million yuan for Liaoning Renhe Publishing, a decrease due to the impact of COVID-19[55]. - Liaoning Education Publishing achieved a net profit of 264.06 million yuan, reflecting a significant performance in the publishing sector[55]. - Liaoning Science Publishing reported a net loss of 295.12 million yuan, indicating challenges faced in the market[55]. - The company reported a significant decrease in net profits for several subsidiaries due to disruptions in printing, distribution, and logistics caused by the pandemic[55]. Financial Position and Assets - The total assets of the company at the end of the period were 4,168.15 million RMB, with a debt-to-asset ratio of 41.56%[36]. - The total amount of daily operational related party transactions for the reporting period reached 129.30 million RMB[73]. - The total number of ordinary shareholders as of the end of the reporting period is 26,650[81]. - The largest shareholder, Liaoning Publishing Group Co., Ltd., holds 372,000,000 shares, accounting for 67.52% of the total shares[84]. - The total amount of guarantees, including those to subsidiaries, stands at ¥26,500,000, which represents 11.03% of the company's net assets[78]. Governance and Community Engagement - The company has implemented measures to strengthen grassroots party organization construction and enhance community engagement[66]. - The company actively promoted local employment and income generation through various agricultural projects and community initiatives[66]. - The company donated over 6,000 books to support cultural activities in rural areas, fostering a healthier lifestyle among villagers[67]. - The company has established a dynamic monitoring and precise assistance mechanism to prevent poverty among households[66]. - The company has committed to improving governance in rural areas by enhancing transparency and community participation[67]. Research and Development - R&D expenses increased significantly by 109.89% to CNY 5,242,213.12, primarily due to enhanced technical upgrades at Xinhua Printing[44]. - The company has identified key areas for technological innovation to improve operational efficiency and customer engagement[125]. Financial Instruments and Reporting - The company recognizes expected credit losses based on the expected credit loss measurement method, which includes assessing whether credit risk has significantly increased since initial recognition[171]. - The company applies a combination method to assess expected credit risk, categorizing financial assets based on shared risk characteristics[172]. - The company recognizes investment income when losing control over subsidiaries, based on the fair value of remaining equity on the date control is lost[150]. - The company applies the equity method for investments in joint ventures and recognizes its share of assets and liabilities accordingly[153]. Cash Flow and Liquidity - The company generated CNY 962.68 million in cash from sales of goods and services, an increase from CNY 890.48 million in the first half of 2021[104]. - The total cash inflow from operating activities was ¥1,296,811,716.13, while cash outflow was ¥1,271,026,452.73, resulting in a positive cash flow[107]. - The cash and cash equivalents at the end of the period increased to ¥800,436,731.92 from ¥540,885,317.12 at the end of the first half of 2021, marking a growth of approximately 48%[107]. Market Expansion and Future Plans - The company aims to increase its market share by 5% in the upcoming fiscal year through strategic partnerships and acquisitions[125]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[125].

Financial Performance - The company's operating revenue for 2021 was approximately ¥2.87 billion, an increase of 12.85% compared to ¥2.54 billion in 2020[24]. - Net profit attributable to shareholders decreased by 28.78% to approximately ¥108.77 million from ¥152.71 million in the previous year[24]. - The net cash flow from operating activities was approximately ¥135.87 million, down 7.41% from ¥146.75 million in 2020[24]. - Total assets increased by 8.16% to approximately ¥4.15 billion, compared to ¥3.84 billion at the end of 2020[24]. - The net assets attributable to shareholders rose by 1.50% to approximately ¥2.40 billion from ¥2.37 billion in 2020[24]. - Basic earnings per share decreased by 28.57% to CNY 0.20 in 2021 from CNY 0.28 in 2020[25]. - Diluted earnings per share also decreased by 28.57% to CNY 0.20 in 2021 from CNY 0.28 in 2020[25]. - The weighted average return on equity decreased to 4.57% in 2021 from 6.62% in 2020, a decline of 2.05 percentage points[25]. - The company reported a net cash flow from operating activities of CNY 244,297,367.94 in Q4 2021, showing strong cash generation capabilities[29]. - The company achieved a total operating revenue of 286,865.21 million yuan, representing a year-on-year increase of 12.85%, with main business revenue increasing by 15.41% to 280,296.50 million yuan[49]. - The net profit attributable to shareholders decreased by 28.78% to 10,876.54 million yuan, while the net profit after deducting non-recurring gains and losses increased by 293.66% to 4,036.03 million yuan[49]. - The total assets of the company reached 415,301.96 million yuan at the end of the period, reflecting an 8.16% growth compared to the beginning of the year, with a debt-to-asset ratio of 41.20%[49]. Dividend and Capital Management - The company plans to distribute a cash dividend of ¥0.60 per 10 shares, totaling approximately ¥33.05 million[6]. - The company did not implement a capital reserve transfer to increase share capital for the 2021 fiscal year[6]. - The company distributed cash dividends of 0.85 yuan per 10 shares, totaling 46,827,749.50 yuan, based on a net profit allocation of 10% for the previous year[144]. - For the current year, the company plans to distribute cash dividends of 0.60 yuan per 10 shares, totaling 33,054,882.00 yuan, also based on a net profit allocation of 10%[146]. Operational Highlights - The company published 6,364 types of books during the reporting period, achieving a reprint rate of 56.15%[36]. - The company launched a significant number of key publications related to historical milestones, contributing to both social and economic benefits[36]. - The company emphasized the development of high-quality publications and expanded its expert resource pool to enhance publishing quality[36]. - The company launched 83 new educational products, which received market recognition, and achieved a year-on-year double growth in sales of educational materials[39]. - The digital platform "尖子生云课堂" registered over 260,000 users, while "慧谷阅读" surpassed 500,000 registered users, indicating strong growth in digital content consumption[41]. - The company expanded its market presence with over 180 copyright transactions and was recognized as a key enterprise in cultural exports for 2021-2022[38]. - The company’s printing subsidiary won the Silver Award at the 8th China Printing Awards, enhancing its reputation in the high-end printing market[38]. - The company’s educational publishing business solidified its market share in the primary and secondary school textbook sector, ensuring timely delivery of materials[39]. - The company’s copyright trading center aggregated 1.05 million copyright resources, conducting over 400 business transactions, and was recognized as a national copyright demonstration park[42]. Research and Development - Research and development expenses increased significantly by 111.54%, totaling ¥16,378,817.69, up from ¥7,742,660.97 in the previous year[50]. - The total R&D investment represented 0.57% of operating revenue, with 55 R&D personnel making up 2.47% of the total workforce[65][66]. - The company is focusing on digital economy expansion and enhancing its research and development capabilities to drive future growth[35]. - The company is committed to digital integration and innovation, leveraging new technologies and business development to achieve higher quality growth[110]. Risk Management - The company has outlined potential risks in its management discussion, including industry and market risks[8]. - The company’s future plans and strategies are subject to investment risks, as stated in the forward-looking statements[7]. - The company faces risks related to publishing selection, raw material price fluctuations, and the integration of new technologies, which could impact profitability and market competitiveness[111]. Corporate Governance - The company has established a comprehensive corporate governance structure, ensuring compliance with relevant laws and regulations, and promoting stable and sustainable development[114]. - The company has maintained a stable management team with no shareholding changes among key executives[118]. - The company’s leadership includes experienced professionals with backgrounds in publishing and management[120]. - The company’s governance structure includes independent directors to ensure oversight and compliance[119]. - The board of directors held a total of 8 meetings in 2021, with all directors attending the meetings either in person or via communication methods[131]. Social Responsibility - The company emphasizes environmental protection, promoting green office practices and achieving certifications for environmental management systems[152]. - The company actively supports rural revitalization efforts, focusing on economic development and improving living standards in targeted villages[153]. - The company continues to support poverty alleviation efforts, ensuring stable income for vulnerable populations through social assistance and economic development projects[155]. - The company promotes rural governance by improving transparency in village affairs and enhancing community participation[155]. Audit and Compliance - The audit report confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2021[189]. - The internal control audit report received a standard unqualified opinion, indicating effective internal control practices[150]. - The audit procedures included verifying the accuracy of publication dates and assessing the quality of inventory items[192]. - The audit report emphasizes the importance of identifying and evaluating risks of material misstatement due to fraud or error[196].

北方联合出版传媒（集团）股份有限公司 2022 年第一季度报告 证券代码：601999 证券简称：出版传媒 北方联合出版传媒（集团）股份有限公司 2022 年第一季度报告 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。 公司负责人杨建军、主管会计工作负责人陈闯及会计机构负责人（会计 主管人员）丁元新保证季度报告中财务报表信息的真实、准确、完整。 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 | 565,177,508.87 | 20.89 | | 归属于上市公司股东的净利润 | -8,283,208.05 | 不适用 | | 归属于上市公司股东的扣除非经常 性损益的净利 ...

北方联合出版传媒（集团）股份有限公司 2021 年第三季度报告 证券代码：601999 证券简称：出版传媒 北方联合出版传媒（集团）股份有限公司 2021 年第三季度报告 （补充版） 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。 公司负责人杨建军、主管会计工作负责人陈闯及会计机构负责人（会计主 管人员）丁元新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 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 | | 年初至报告期 | | --- | --- | --- | --- | --- | | | | 比上年同 | 年初至报告期末 | 末比上年同期 | | | | 期增减变 | | 增减变动幅度 | | | | 动幅度(%) | | (%) | | 营业收入 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥909,554,035.53, representing a year-on-year increase of 38.57%[4] - The net profit attributable to shareholders was ¥75,792,295.92, showing a decrease of 31.79% compared to the same period last year[4] - The net profit excluding non-recurring gains and losses increased significantly by 268.64% to ¥67,435,478.77, attributed to enhanced market expansion efforts and improved operating conditions[9] - The company reported a basic earnings per share of ¥0.14, a decrease of 6.41% from the previous year[5] - Net profit for the first three quarters of 2021 was ¥88,237,811.46, a decrease of 25.7% compared to ¥118,727,090.60 in 2020[19] - Basic earnings per share for the first three quarters of 2021 was ¥0.17, down from ¥0.22 in the same period of 2020[19] Cash Flow and Liquidity - The net cash flow from operating activities was reported at -¥108,426,253.09, reflecting a year-on-year increase of 58.84%[5] - Cash flow from operating activities showed a net outflow of ¥108,426,253.09, an improvement from a net outflow of ¥263,421,663.30 in the previous year[22] - Cash and cash equivalents at the end of the period totaled ¥746,189,528.93, compared to ¥330,263,364.80 at the end of the same period in 2020[23] - The company maintained a cash position of RMB 938,397,649.95, ensuring liquidity for operations[25] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥4,510,081,379.89, an increase of 17.46% from the end of the previous year[5] - The total liabilities increased to RMB 2,058,812,489.79, compared to RMB 1,436,124,657.75, marking a rise of 43.4%[16] - The company's total equity stood at RMB 2,451,268,890.10, which is an increase from RMB 2,403,398,810.80, indicating a growth of 2.0%[16] - Total assets increased from RMB 3,839,523,468.55 to RMB 4,098,265,369.61, reflecting an increase of RMB 258,741,901.06[28] - Total liabilities rose from RMB 1,436,124,657.75 to RMB 1,694,866,558.81, an increase of RMB 258,741,901.06[27] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 29,557[11] - The total equity attributable to shareholders was RMB 2,367,393,621.46[28] Market Strategy and Future Plans - The company plans to continue its market expansion efforts and improve operational efficiency in the upcoming quarters[9] - The company is focusing on expanding its market presence and enhancing its product offerings, although specific new products and technologies were not detailed in the report[17] Operating Costs and Expenses - Total operating costs increased to ¥1,979,830,078.81, up 21.7% from ¥1,625,851,092.39 year-over-year[18] - Research and development expenses increased to ¥3,034,669.73, up from ¥2,793,520.28 in the previous year[18] Other Income and Investments - The company reported a total of ¥25,616,291.67 in other income, down from ¥39,548,458.08 in the previous year[18] - The company’s investment income for the first three quarters was ¥4,504,741.82, compared to ¥1,065,356.15 in the same period of 2020[18] - The company experienced a foreign exchange gain of ¥135,657.36 during the reporting period[23]

Financial Performance - The company's operating revenue for the first half of 2021 was approximately RMB 1.14 billion, representing a year-on-year increase of 19.89% compared to RMB 950.56 million in the same period last year [25]. - The net profit attributable to shareholders of the listed company reached RMB 15.82 million, a significant increase of 111.19% from RMB 7.49 million in the previous year [25]. - Basic earnings per share for the first half of 2021 were RMB 0.03, a 200% increase compared to RMB 0.01 in the same period last year [26]. - The net profit after deducting non-recurring gains and losses was RMB 902,035.69, compared to a loss of RMB 19.77 million in the same period last year [25]. - The total comprehensive income for the first half of 2021 was RMB 12,978,972.47, up from RMB 7,907,662.29 in the same period of 2020 [104]. Assets and Liabilities - The total assets of the company increased by 8.94% to RMB 4.18 billion from RMB 3.84 billion at the end of the previous year [25]. - The net asset attributable to shareholders of the listed company at the end of the reporting period was RMB 2.38 billion, showing a slight increase of 0.69% from RMB 2.37 billion at the end of the previous year [25]. - Total liabilities rose to CNY 1,765,299,956.45, compared to CNY 1,436,124,657.75, indicating an increase of about 23% [97]. - Total current assets as of June 30, 2021, amount to ¥2,456,069,168.53, an increase from ¥2,365,590,393.35 at the end of 2020 [95]. Cash Flow - The company reported a net cash flow from operating activities of approximately -RMB 195.81 million, compared to -RMB 212.75 million in the same period last year [25]. - The net cash flow from operating activities for the first half of 2021 was -195,812,447.72 RMB, an improvement from -212,748,772.70 RMB in the same period of 2020 [110]. - Total cash inflow from operating activities was 989,446,421.21 RMB, compared to 740,597,128.74 RMB in the first half of 2020, representing an increase of approximately 33.6% [109]. Revenue Breakdown - The publishing business revenue was RMB 429.448 million, a year-on-year growth of 1.11% [36]. - The distribution business revenue reached RMB 303.1345 million, growing by 20.86% year-on-year [36]. - Revenue from material sales was RMB 423.5547 million, reflecting a significant increase of 47.94% year-on-year [36]. - The printing business generated RMB 132.1692 million in revenue, up by 3.96% year-on-year [36]. Investments and R&D - The company achieved a significant increase in investment income, which rose by 590.82% to ¥6,979,960.04 from ¥1,010,384.25 [44]. - The company reported a 12.44% increase in R&D expenses, totaling ¥2,497,566.20 compared to ¥2,221,184.57 in the previous year [44]. - The company has actively pursued digital transformation, with the "Hui Gu Reading" platform surpassing 270,000 followers, reflecting strong user engagement [41]. Market Presence and Strategy - The company plans to continue expanding its market presence and enhancing its core competitiveness through innovation and strategic investments [36]. - The overall book retail market in China saw a positive growth rate of 11.45% in the first half of 2021 [31]. - The company has established "Shengwen University Alliance Campus Bookstores" across 14 universities in the province, enhancing its market presence [40]. Shareholder Information - Total number of common shareholders as of the end of the reporting period is 32,474 [84]. - The largest shareholder, Liaoning Publishing Group Co., Ltd., holds 372,000,000 shares, representing 67.52% of total shares [87]. - The second largest shareholder, Central Huijin Asset Management Co., Ltd., holds 9,934,200 shares, representing 1.80% of total shares [87]. Compliance and Governance - The company has not faced any administrative penalties related to environmental issues during the reporting period [64]. - The company has not reported any major litigation or arbitration matters during the reporting period [71]. - The company has established a robust party organization in Gao Li Tun Village to enhance grassroots governance and community engagement [67]. Environmental and Social Responsibility - The company has successfully implemented green printing practices, with all printing enterprises certified by China's environmental label product certification [67]. - The company continues to support the economic development of Gao Li Tun Village, focusing on enhancing the quality of life and promoting agricultural modernization [66]. - The company emphasizes energy conservation and green office practices, advocating for paperless operations and resource-saving measures [65].

北方联合出版传媒（集团）股份有限公司 2021 年第一季度报告 公司代码：601999 公司简称：出版传媒 北方联合出版传媒（集团）股份有限公司 2021 年第一季度报告 1 / 25 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 北方联合出版传媒（集团）股份有限公司 2021 年第一季度报告 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 未出席董事情况 | 未出席董事姓名 | 未出席董事职务 | 未出席原因的说明 | 被委托人姓名 | | --- | --- | --- | --- | | 和 | 独立董事 | 工作原因 | 史东辉 | 1.3 公司负责人杨建军、主管会计工作负责人陈闯及会计机构负责人（会 计主管人员）丁元新保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1主要 ...

Financial Performance - The company's operating revenue for 2020 was CNY 2,541,948,466.91, a decrease of 6.22% compared to CNY 2,710,639,546.19 in 2019[23] - The net profit attributable to shareholders of the listed company was CNY 152,712,660.34, an increase of 2.98% from CNY 148,286,660.15 in the previous year[23] - The net profit after deducting non-recurring gains and losses was CNY -20,841,008.15, a decline of 130.93% compared to CNY 67,371,845.70 in 2019[23] - The cash flow from operating activities was CNY 146,748,441.22, down 17.06% from CNY 176,940,358.60 in the previous year[23] - Basic earnings per share for 2020 was CNY 0.28, a 3.7% increase compared to CNY 0.27 in 2019[25] - The company reported a decrease in net profit after deducting non-recurring gains and losses, primarily due to the impact of COVID-19, leading to a decline in total revenue and increased operating expenses[25] - Non-recurring gains for 2020 amounted to CNY 173.55 million, compared to CNY 80.91 million in 2019[29] - The cash flow from operating activities in Q4 2020 was CNY 410.17 million, indicating a strong recovery in cash generation[28] Assets and Liabilities - The total assets at the end of 2020 were CNY 3,839,523,468.55, an increase of 4.11% from CNY 3,688,051,681.56 at the end of 2019[24] - The total liabilities increased to RMB 1,436,124,657.75 in 2020 from RMB 1,401,544,112.72 in 2019, representing a rise of about 2.5%[194] - The total equity attributable to shareholders rose to RMB 2,367,393,621.46 in 2020, compared to RMB 2,260,617,243.54 in 2019, indicating an increase of approximately 4.7%[195] - Cash and cash equivalents significantly increased to RMB 938,397,649.95 in 2020 from RMB 693,191,524.41 in 2019, marking a growth of around 35.4%[193] - The company's inventory increased to RMB 787,003,979.26 in 2020 from RMB 752,926,100.67 in 2019, reflecting a growth of about 4.5%[193] Revenue Breakdown - The total revenue from textbook publishing increased by 20.65% to CNY 1,420,090,000, with a gross margin of 18.18%[74] - General book publishing revenue decreased by 25.5% to CNY 796,763,000, with a gross margin of 20.23%[74] - The revenue from the textbook and auxiliary materials business increased by 5.06%, while the cost increased by 15.64%[57] - The company achieved operating revenue of CNY 2,541.95 million, a year-on-year decrease of 6.22%, with main business revenue at CNY 2,428.77 million, down 5.64%[48] Strategic Initiatives - The company is expanding into digital publishing and new media, reflecting a strategic shift towards integrated media services[34] - The company plans to enhance its market presence through new product development and strategic partnerships in the cultural and creative sectors[34] - The company is investing in upgrading its printing capabilities to focus on high-end and intelligent printing, thereby increasing product competitiveness[109] - The company is fostering new economic models and business formats, including the establishment of a copyright trading center and a digital literature port[111] Risk Management - The company has disclosed various industry and market risks in its report, emphasizing the importance of risk awareness for investors[9] - The company is enhancing its risk management framework to mitigate various operational risks, including those related to material price fluctuations and new technology integration[112] Shareholder Information - The company plans to distribute a cash dividend of CNY 0.85 per 10 shares, totaling CNY 46,827,749.50[7] - The cash dividend payout ratio for 2020 is 30.66%, compared to 30.46% in 2019 and 34.17% in 2018[116] - The largest shareholder, Liaoning Publishing Group Co., Ltd., holds 372,000,000 shares, representing 67.52% of the total shares[146] Employee and Management Structure - The total number of employees in the company and its major subsidiaries is 2,334, with 176 in the parent company and 2,158 in major subsidiaries[165] - The company has a total of 503 production personnel, 630 sales personnel, 158 technical personnel, 122 financial personnel, 581 administrative personnel, and 340 editorial personnel[166] - The total remuneration paid to directors, supervisors, and senior management for the year 2020 amounted to 3.907 million yuan[163] Community Engagement and Social Responsibility - The company provided targeted poverty alleviation support, focusing on the economic income of impoverished households and addressing their specific difficulties[133] - A total of 41.1 million RMB was allocated for poverty alleviation efforts, with an additional 5 million RMB in material support, helping 321 registered impoverished individuals to escape poverty[137] - The company has established a diversified investment mechanism to enhance the effectiveness of poverty alleviation projects and attract social funding[135]

北方联合出版传媒（集团）股份有限公司 2020 年第三季度报告 1 / 27 北方联合出版传媒（集团）股份有限公司 2020 年第三季度报告 公司代码：601999 公司简称：出版传媒 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 北方联合出版传媒（集团）股份有限公司 2020 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 公司负责人杨建军、主管会计工作负责人陈闯及会计机构负责人（会 计主管人员）丁元新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 公司主要会计数据和财务指标的说明： 3 / 27 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 3,982,87 ...

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥950.56 million, a decrease of 21.79% compared to ¥1,215.46 million in the same period last year[24]. - The net profit attributable to shareholders of the listed company was approximately ¥7.49 million, down 86.08% from ¥53.83 million in the previous year[24]. - The basic earnings per share decreased by 90.00%, from ¥0.10 to ¥0.01[26]. - The weighted average return on net assets decreased by 2.1 percentage points, from 2.43% to 0.33%[26]. - The cash flow from operating activities showed a net outflow of approximately ¥212.75 million, compared to a net outflow of ¥176.53 million in the same period last year, representing a decrease of 20.52%[24]. - The total assets at the end of the reporting period were approximately ¥3.66 billion, a decrease of 0.88% from ¥3.69 billion at the end of the previous year[24]. - The net profit after deducting non-recurring gains and losses was approximately -¥19.77 million, compared to ¥29.54 million in the same period last year, reflecting a decrease of 166.93%[24]. - The company reported a significant decline in revenue and profit indicators due to the impact of the COVID-19 pandemic on its publishing and distribution businesses[26]. Business Operations - The company’s main business includes publishing, distribution, and printing of books, journals, and electronic audio-visual publications, forming a comprehensive media business structure[31]. - The company has expanded into cultural creativity and investment finance, establishing a cross-field, multi-medium, and full-chain development pattern[31]. - The company’s publishing business includes 11 subsidiaries focusing on educational materials and general books, with a stable performance in textbook distribution[31]. - The company has seen a steady recovery in its publishing sector, with significant titles released during the pandemic, including "The Record of Anti-COVID-19 in Liaoning" and "The Giant's Contest"[38]. - The company’s printing and supply segments have improved due to increased book shipment volumes, with the printing company recognized for quality improvements and new contracts[40]. - The company has implemented digital transformation strategies and online marketing goals to enhance operational efficiency[37]. - The company has actively expanded external markets, leading to new revenue streams and cost reductions in the supply chain[40]. Government and Industry Support - The government continues to support the cultural industry, providing financial and policy assistance to promote development[34]. - The COVID-19 pandemic has accelerated the growth of the digital cultural industry, benefiting online education and digital reading sectors[34]. Cost Management and Efficiency - The company's operating costs decreased by 23.04% to ¥731.32 million from ¥950.21 million, indicating improved cost management[47]. - R&D expenses increased by 86.93% to ¥2.22 million, reflecting the company's commitment to innovation and development[47]. - The company is actively pursuing cost reduction and efficiency improvement strategies to enhance overall operational performance[68]. - The company has implemented measures to monitor raw material price fluctuations to protect profit margins[70]. Subsidiary Performance - The net profit of the subsidiary Liaoning Education Publishing House reached CNY 396.22 million, contributing significantly to the overall profit[66]. - The company faced significant declines in net profit for several subsidiaries due to the impact of COVID-19, with notable decreases for Minzu Publishing, Liaoning Youth Publishing, Liaoning Science and Technology Society, and Liaoning Meisheng Society[68]. Cash Flow and Investments - The company reported a net cash flow from operating activities of -¥212.75 million, a decline of 20.52% compared to the previous year[47]. - Cash received from investment decreased by 86.81% to CNY 79,760,000.00, reflecting fewer redemptions and purchases of financial products[58]. - The total investment amount during the reporting period was CNY 17,200,000.00, a significant increase of 3995.24% compared to the previous year[61]. Poverty Alleviation Initiatives - The company is actively engaged in targeted poverty alleviation efforts, focusing on increasing the economic income of impoverished households[88]. - The company has implemented various measures to ensure effective poverty alleviation, including financial support and project coordination[89]. - The company has made significant progress in its poverty alleviation initiatives, with a focus on pandemic prevention and rural economic development[91]. - The company invested a total of 41.1 million RMB in poverty alleviation efforts, helping 321 registered impoverished individuals to escape poverty[92]. Shareholder Information - The company has a total of 35,105 common stock shareholders as of the end of the reporting period[100]. - The largest shareholder, Liaoning Publishing Group, holds 67.52% of the shares, totaling 372 million shares[101]. Accounting Policies and Financial Reporting - The company has made adjustments to its accounting policies effective January 1, 2020, in line with new accounting standards, with no significant impact on financial results[96]. - The financial statements are prepared based on the assumption of going concern, following the relevant accounting standards[143]. - The company’s financial reports comply with the requirements of the accounting standards, reflecting a true and complete picture of its financial status[145]. Future Outlook - The management provided a positive outlook for the next quarter, expecting a revenue growth of approximately 10%[132].