Financial Performance - The company's operating revenue for the first half of 2022 reached ¥1,587,511,144.73, an increase of 87.26% compared to ¥847,758,021.60 in the same period last year[21]. - The net profit attributable to shareholders of the listed company was ¥40,292,340.58, a significant turnaround from a loss of ¥5,612,553.13 in the previous year, representing an increase of 817.90%[21]. - The net profit after deducting non-recurring gains and losses was ¥31,869,452.68, compared to a loss of ¥6,760,966.37 in the same period last year, marking a 571.37% increase[21]. - The basic earnings per share for the first half of 2022 was ¥0.36, compared to a loss of ¥0.05 per share in the same period last year, reflecting an increase of 820.00%[22]. - The total assets of the company at the end of the reporting period were ¥6,392,152,558.91, an increase of 104.02% from ¥3,133,165,124.86 at the end of the previous year[21]. - The net cash flow from operating activities was negative at -¥19,930,816.99, a decrease of 179.42% compared to ¥25,096,698.03 in the same period last year[21]. - The net assets attributable to shareholders of the listed company decreased by 4.76% to ¥535,211,356.58 from ¥561,973,374.85 at the end of the previous year[21]. Business Transition and Strategy - The company shifted its main business from retail to the production and sales of batteries starting February 2022[29]. - The company completed the transfer of 36% and 15% equity in Yajing Technology, resulting in a total holding of 51%[29]. - The main products now include alkaline batteries, carbon batteries, and other battery types, with alkaline batteries as the core product[29]. - The company operates in the high-performance environmentally friendly zinc-manganese battery manufacturing industry[29]. - The transition from retail to battery manufacturing aligns with the classification under the manufacturing industry as per regulatory guidelines[29]. Market and Industry Insights - In 2021, the estimated production of alkaline zinc-manganese batteries in China reached 25.9 billion units, a year-on-year increase of 21.71%, while carbon zinc-manganese batteries saw an estimated production of 19.8 billion units, a decline of 5.26%[35]. - The sales revenue of China's zinc-manganese battery industry showed a stable growth trend, increasing from 39.45 billion yuan in 2016 to 48.18 billion yuan in 2020, with a compound annual growth rate of 5.12%[35]. - The alkaline zinc-manganese battery market is expected to continue expanding, with developed countries having an 80% market share for alkaline batteries, compared to only 45% in China as of the end of 2015[34]. - The production capacity and technology level of leading domestic zinc-manganese battery manufacturers are now among the best in the world, making China the largest manufacturer of zinc-manganese batteries globally[35]. - The industry is supported by various national policies aimed at promoting the development of mercury-free alkaline zinc-manganese batteries, with a focus on technological upgrades and production capacity improvements[35]. Research and Development - The company has a strong focus on R&D, with multiple patents and new product launches, including lithium-ion batteries and specialized batteries for various applications[42]. - Research and development expenses amounted to ¥50,960,314.86, indicating a focus on innovation post-restructuring[48]. - The company has established a new product development team to enhance its technological innovation capabilities[46]. Environmental and Compliance Efforts - The company has implemented strict environmental protection measures, ensuring that pollutant emissions are consistently within standards, with actual emissions significantly lower than permitted levels[76]. - The company has committed to reducing carbon emissions through energy management systems and technological upgrades, resulting in a decrease in total electricity consumption[83]. - The company has established a comprehensive environmental monitoring plan, regularly conducting assessments and publicly disclosing results on pollution source monitoring platforms[79]. - During the reporting period, the company did not face any administrative penalties related to environmental issues, indicating compliance with environmental regulations[82]. Shareholder and Governance Matters - The company has not disclosed any plans for new products or technologies in this report[6]. - There are no indications of market expansion or mergers and acquisitions mentioned in the report[6]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The integrity status of the company and its major stakeholders remains good, with no significant legal violations reported[102]. - There were significant changes in the board and management, with multiple resignations and new appointments[66]. Financial Liabilities and Guarantees - The company has provided guarantees totaling CNY 1,045,386,500, which accounts for 176.67% of its net assets[113]. - The company has provided a guarantee of CNY 702,046,500 to its subsidiaries[113]. - The company’s total guarantee amount exceeding 50% of net assets is CNY 749,524,555.54[113]. Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[150]. - The net profit targets for Yajing Technology for the years 2022, 2023, and 2024 are set at no less than ¥616,372,500, ¥657,464,000, and ¥698,555,500 respectively[90].

2022 年第一季度报告 单位：元 币种：人民币 证券代码：603031 证券简称：安德利 安徽安德利百货股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务报表 信息的真实、准确、完整。 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 | --- | --- | --- | |-----------------------------------------------|----------------|-------------------------------------| | 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 | 960,164,919.86 | ...

Financial Performance - The company's operating revenue for 2021 was ¥1,677,200,236.04, a decrease of 5.01% compared to ¥1,765,713,868.85 in 2020[26]. - The net profit attributable to shareholders was -¥51,282,631.92 in 2021, a significant decline from -¥6,591,358.39 in 2020, representing a 678.03% increase in losses[26]. - The net cash flow from operating activities decreased by 39.41% to ¥47,047,889.63 in 2021 from ¥77,654,365.66 in 2020[26]. - The total assets increased by 86.55% to ¥3,133,165,124.86 at the end of 2021, compared to ¥1,679,548,939.85 at the end of 2020[26]. - The basic earnings per share for 2021 was -¥0.46, a decline of 666.67% from -¥0.06 in 2020[27]. - The weighted average return on net assets was -8.73% in 2021, a decrease of 7.71 percentage points from -1.07% in 2020[30]. - The company reported a net profit of ¥51,282,631.92 according to Chinese accounting standards for the current period, contrasting with a loss of -¥6,591,358.39 in the previous period[31]. - The company's main business revenue decreased by 5.16% year-on-year, while the gross profit margin increased by 2.19%[58]. - The company reported a significant increase in management expenses by 41.09% to CNY 75.70 million due to rising salary costs[54]. - The company incurred additional costs of approximately CNY 20.50 million related to a major asset restructuring during the reporting period[53]. Operational Challenges - The company experienced a decline in both revenue and profit during 2021 due to the dual impact of e-commerce competition and the COVID-19 pandemic[39]. - The company faced challenges from e-commerce and the COVID-19 pandemic, impacting its main business revenue[53]. - Sales for supermarket operations in Hefei, Wuhu, and Ma'anshan decreased by 7.69%, 11.71%, and 0.97% respectively, primarily due to favorable sales impacts from the pandemic in 2020[98]. Strategic Initiatives - The company plans to optimize its supply chain by increasing direct procurement from manufacturers and reducing intermediate links to lower procurement costs and improve gross margins[39]. - The company aims to expand its store network in densely populated areas and address the issues of loss-making stores through targeted actions such as adjusting product structure and pricing strategies[39]. - The company is enhancing its marketing efforts by integrating online and offline channels, increasing promotional activities, and expanding e-commerce partnerships to recover sales lost during store closures[39]. - The company has initiated a comprehensive operational standardization system to improve management efficiency and service quality across its stores[42]. - The company is focusing on fine management practices to reduce unnecessary expenses and improve operational efficiency, including inventory optimization and automated ordering systems[42]. - The company aims to enhance its retail system through digital transformation and improve operational efficiency by leveraging big data and smart technologies[80]. - The company is committed to enhancing its product offerings and customer experience through the development of new store formats and layouts[90]. Asset Restructuring - In September 2021, the company approved a major asset restructuring plan to acquire a 36% stake in Yajing Technology, aiming to transition into the battery industry and enhance profitability[42]. - The company completed a major asset restructuring, transitioning from traditional retail to the consumer battery industry, which has a large market scale and promising development prospects[118]. - The company sold 100% equity of Andeli Industry for RMB 833.53 million, completed on January 27, 2022[114]. - The company acquired 36% equity of Yajing Technology, with the transfer of voting rights for 15% of shares to the company, enhancing its market position[114]. Governance and Compliance - The company received a standard unqualified audit report from Zhongzheng Tiantong Accounting Firm[6]. - The company has established a governance structure in compliance with the Company Law and other regulations, ensuring effective operation and management[130]. - The board of directors consists of 11 members, including 4 independent directors, and has established four specialized committees to enhance decision-making[130]. - The company adheres to strict information disclosure practices, ensuring timely and accurate reporting to all shareholders through designated media[132]. - The company maintains independence in personnel, assets, finance, and operations from its controlling shareholder, with specific commitments to uphold this independence[135]. Market Expansion - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by the end of 2023[151]. - The company plans to launch the globally leading fourth-generation alkaline battery, enhancing product performance and creating greater value for consumers[124]. - The company will further develop its channel network by penetrating lower-tier cities and expanding online sales platforms, aiming for a comprehensive channel integration[126]. Employee Management - The company has a stable management team with many members having over ten years of experience, enhancing its competitive edge in the market[103]. - The company actively recruits recent graduates to understand the consumption needs of younger demographics, ensuring adaptability in a competitive market[103]. - The total remuneration for all directors, supervisors, and senior management in 2021 amounted to 3.1728 million yuan[158]. - The company has a performance-based compensation policy, linking salaries to operational performance[183]. Financial Position - Cash and cash equivalents at the end of the period reached ¥1,127,506,088.04, accounting for 35.99% of total assets, a significant increase of 844.02% compared to the previous period[72]. - The company has significant collateralized assets, with a total value of ¥682,245,761.28, primarily due to bank loans secured by real estate[76]. - The company signed a maximum mortgage contract with Chaohu Rural Commercial Bank for a maximum guarantee amount of CNY 107.05 million, effective from December 29, 2021, to December 29, 2024[79]. Risk Management - The company has established a pandemic response mechanism to ensure normal operations amid ongoing COVID-19 concerns[127]. - The company faces risks from macroeconomic fluctuations that could impact market demand for its battery products[127]. - The company is focused on optimizing its supply chain to mitigate the impact of raw material price fluctuations on profitability[126].

Financial Performance - The company's operating revenue for Q3 2021 was ¥466,531,493.69, a decrease of 4.70% compared to the same period last year[7] - The net profit attributable to shareholders was a loss of ¥11,753,972.37, representing a decline of 133.35% year-on-year[7] - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥12,241,875.87, down 120.77% from the previous year[7] - The basic and diluted earnings per share were both -¥0.10, reflecting a decrease of 150.00% compared to the same period last year[9] - The weighted average return on equity was -1.95%, a decrease of 1.15 percentage points year-on-year[9] - Net profit for the third quarter of 2021 was CNY -17,366,525.50, compared to a net profit of CNY 3,828,890.65 in the same quarter of 2020, indicating a significant decline[37] - Earnings per share for the third quarter of 2021 were CNY -0.16, down from CNY 0.03 in the same quarter of 2020[39] - The company reported a total comprehensive loss of CNY -17,366,525.50 for the third quarter of 2021, compared to a comprehensive income of CNY 3,828,890.65 in the same quarter of 2020[39] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,695,913,627.54, an increase of 0.97% from the end of the previous year[9] - The equity attributable to shareholders decreased to ¥595,889,481.27, down 2.83% from the previous year[9] - Total liabilities amount to ¥1,100,024,146.27, an increase from ¥1,066,317,984.08 year-over-year[32] - Total assets as of September 30, 2021, are ¥1,695,913,627.54, compared to ¥1,679,548,939.85 at the end of 2020[29] - The total liabilities and equity amounted to CNY 1,695,913,627.54, compared to CNY 1,679,548,939.85 previously, reflecting a slight increase[34] - Total assets decreased to CNY 1,679,548,939.85 from CNY 1,756,709,066.65, reflecting a decline of approximately 4.4%[47] - Current assets increased to CNY 519,984,798.68 from CNY 511,360,604.83, showing a growth of about 1.2%[47] - Non-current assets decreased to CNY 1,159,564,141.17 from CNY 1,245,348,461.82, indicating a decline of approximately 6.9%[47] - The total equity attributable to shareholders reached 613,230,955.77, reflecting a strong financial position[53] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥51,261,527.79, a decrease of 23.96% compared to the same period last year[9] - Operating cash flow for the first nine months was CNY 51,261,527.79, a decrease of 24% compared to CNY 67,415,596.65 in the same period last year[42] - Total cash inflow from operating activities was CNY 1,621,499,490.87, slightly down from CNY 1,642,653,944.57 year-on-year[42] - Cash outflow from operating activities totaled CNY 1,570,237,963.08, compared to CNY 1,575,238,347.92 in the previous year[42] - Cash inflow from financing activities was CNY 412,911,951.10, down from CNY 584,191,784.72 in the previous year[45] - Cash outflow from financing activities was CNY 435,989,957.77, compared to CNY 627,396,899.67 last year[45] - The ending cash and cash equivalents balance was CNY 29,177,275.81, down from CNY 53,938,559.32 year-on-year[45] Shareholder Information - The total number of common shareholders at the end of the reporting period is 6,012[22] - The largest shareholder, Chen Xuegao, holds 24,916,356 shares, representing 22.25% of total shares[22] - The number of shares held by the top ten shareholders includes significant stakes from Hefei Rongxin and Shenzhen Qianhai Glory Capital[25] Government Support and Subsidies - The company received government subsidies amounting to ¥667,180.10 during the reporting period, contributing to its non-recurring gains[10] Inventory and Receivables - Significant increases were noted in accounts receivable and other receivables, with increases of 325.70% and 76.74% respectively, attributed to higher sales and uncollected equity payments[17] - Accounts receivable increased to ¥37,210,032.93 from ¥8,740,965.25 year-over-year[29] - Inventory decreased to ¥282,880,174.10 from ¥335,337,096.89 year-over-year[29] Future Strategies - The company has not reported any new product developments or market expansion strategies in the current quarter[26] - The company is focusing on market expansion and new product development as part of its future strategy, although specific details were not provided in the report[37]

Financial Performance - The company's operating revenue for the first half of 2021 was ¥847,758,021.60, a decrease of 0.43% compared to ¥851,400,339.33 in the same period last year[23]. - The net profit attributable to shareholders of the listed company was -¥5,612,553.13, representing a decline of 163.31% from ¥8,865,888.10 in the previous year[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥6,760,966.37, a decrease of 207.45% compared to ¥6,292,257.66 in the same period last year[23]. - Basic earnings per share for the reporting period were -¥0.05, a decrease of 162.50% from ¥0.08 in the same period last year[23]. - The weighted average return on net assets was -0.92%, a decrease of 2.34 percentage points from 1.42% in the previous year[23]. - The company reported a net profit of CNY 227.34 million for Chaohu Andeli, with total revenue of CNY 497.5876 million[61]. - The company recorded a net loss of CNY 327.96 million for Andeli Industry and Trade, with total revenue of CNY 341.6301 million[61]. - The company reported a net loss of CNY 5,612,553.13, compared to a net profit of CNY 8,865,888.10 in the previous period, indicating a significant decline in profitability[126]. - Operating profit was recorded at CNY -6,099,633.53, a decrease from CNY 12,279,659.04 in the prior period, reflecting operational challenges[126]. - Total profit amounted to CNY -5,919,763.14, down from CNY 12,684,601.66, highlighting a substantial drop in overall financial performance[126]. Cash Flow - The net cash flow from operating activities increased significantly to ¥25,096,698.03, up 380.38% from ¥5,224,304.72 in the previous year[23]. - The net cash flow from investing activities worsened by 120.98%, amounting to -¥27.92 million, compared to -¥12.64 million last year[46]. - The net cash flow from financing activities improved by 186.19%, reaching ¥7.01 million, compared to -¥8.13 million in the same period last year[46]. - The company reported a net cash flow from investing activities of -¥27,921,496.86, worsening from -¥12,635,172.51 in the first half of 2020, indicating increased investment expenditures[137]. - The net cash flow from financing activities improved to ¥7,006,463.83, compared to a negative cash flow of -¥8,128,796.12 in the same period last year[137]. - The company’s cash and cash equivalents increased by ¥4,181,665.00, contrasting with a decrease of -¥15,539,663.91 in the first half of 2020, showing a recovery in liquidity[137]. - The total cash and cash equivalents at the end of the period stood at ¥44,018,320.70, up from ¥40,068,086.52 in the previous year, indicating a positive trend in cash reserves[137]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,698,904,354.57, an increase of 1.15% from ¥1,679,548,939.85 at the end of the previous year[23]. - The net assets attributable to shareholders of the listed company were ¥607,643,453.64, a decrease of 0.91% from ¥613,230,955.77 at the end of the previous year[23]. - Total liabilities increased to ¥1,091,260,900.93 from ¥1,066,317,984.08, reflecting a growth of approximately 2.1%[115]. - Total equity attributable to shareholders decreased to ¥607,643,453.64 from ¥613,230,955.77, a decline of about 0.9%[115]. - The company's total current assets as of June 30, 2021, amounted to CNY 475,207,312.85, a decrease of 8.6% from CNY 519,984,798.68 at the end of 2020[110]. - Total current liabilities decreased to CNY 1,007,099,212.28, down from CNY 1,058,258,453.71[113]. - Non-current liabilities totaled CNY 84,161,688.65, a significant increase from CNY 8,059,530.37[113]. Operational Highlights - The company operates 70 stores with a total operating area of 216,400 square meters, focusing on third and fourth-tier cities and rural markets[30]. - The logistics system includes three logistics centers, providing a competitive advantage in distribution capabilities[34]. - The company has a strong brand presence, being a leading retail chain in central Anhui with a 37-year operating history[34]. - The retail industry saw a 23.0% year-on-year growth in total retail sales of consumer goods in the first half of 2021, indicating a competitive market environment[32]. - The company plans to continue expanding its self-operated retail model to enhance its market positioning[33]. - The company is focusing on expanding its digital membership program to enhance customer engagement and retention[41]. - The company plans to accelerate its home delivery and online live streaming business to adapt to changing consumer habits[40]. Corporate Governance - The company held its annual general meeting on May 14, 2021, with resolutions published on May 17, 2021[65]. - The company appointed new directors and management, including the election of Xia Zhubin as Chairman and Yu Bin as General Manager[68]. - The company did not distribute profits or increase capital reserves during the reporting period[69]. - The company has not disclosed any employee stock ownership plans or other incentive measures[72]. - The company confirmed that it will repurchase shares if regulatory authorities identify any false statements or omissions in its prospectus[78]. - The company has a commitment to repurchase shares if the prospectus is deemed misleading, with a plan to be approved by the shareholders' meeting[79]. - The company’s stock lock-up period for major shareholders is set for two years after the expiration of the initial lock-up, with a maximum of 15% of shares allowed for sale[76]. - The company’s management changes were completed successfully during the board and supervisory committee elections held on May 14, 2021[68]. - The company reported no significant litigation or arbitration matters during the reporting period[84]. - The integrity status of the company and its controlling shareholders remained good, with no unfulfilled court judgments or significant overdue debts[88]. Risk Management - There were no significant risks or non-operating fund occupation by controlling shareholders and their related parties reported[7]. - The company has not reported any significant environmental or social responsibility updates during the reporting period[73]. - The company has assessed its continuous operating capability for the next 12 months and found no issues[188]. - The company has not made any changes to the scope of consolidation during the reporting period[186]. - The company’s accounting policies are in accordance with the enterprise accounting standards[189]. Future Outlook - The company plans to continue expanding its market presence and developing new products to enhance growth prospects[179]. - The company is focusing on improving operational efficiency and exploring potential mergers and acquisitions to drive future growth[179]. - The company aims to leverage technological advancements in its product development strategy to meet evolving consumer demands[179].

Financial Performance - The company's operating revenue for 2020 was approximately ¥1.77 billion, a decrease of 6.96% compared to ¥1.90 billion in 2019[25]. - The net profit attributable to shareholders for 2020 was approximately -¥6.59 million, representing a decline of 143.14% from a profit of ¥15.28 million in 2019[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately -¥12.96 million, a decrease of 245.32% compared to ¥8.92 million in 2019[25]. - The net cash flow from operating activities for 2020 was approximately ¥77.65 million, a slight decrease of 0.32% from ¥77.90 million in 2019[25]. - The total assets at the end of 2020 were approximately ¥1.68 billion, down 8.41% from ¥1.83 billion at the end of 2019[25]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥613.23 million, a decrease of 1.08% from ¥619.90 million at the end of 2019[25]. - Basic earnings per share (CNY/share) decreased to -0.06, a decline of 142.86% compared to the previous period[28]. - The company's operating costs were 1.406 billion yuan, down 7.47% year-on-year[58]. - The financial expenses decreased by 26.58% to 21.59 million yuan, reflecting improved cost management[58]. - The company reported a total revenue of 41,729.17 million yuan, with a net profit of -2,978.86 million yuan, indicating a loss for the period[126]. Business Operations - The company plans not to distribute profits or increase capital reserves through stock conversion for the year[8]. - The company has disclosed potential risks in its operations, which investors should be aware of[10]. - The company has not engaged in non-operating fund occupation by controlling shareholders or related parties[10]. - The company has received a standard unqualified audit report from the accounting firm Rongcheng[6]. - The self-operated business model accounted for over 96% of the company's total operating income in 2020[44]. - The company plans to expand its market presence in core areas around Hefei, focusing on county-level and rural markets[40]. - The company is actively promoting online and offline integration, launching initiatives such as group buying, fresh delivery services, and a mini-program for online shopping[55]. - The company has implemented a talent development strategy, introducing 100 university graduates annually to enhance management capabilities[50]. - The company is positioned to benefit from the ongoing economic transformation and rising disposable income among residents[52]. - The company has adapted its business strategies in response to changing consumer behaviors due to the pandemic, emphasizing health and safety in food products[52]. Market Trends and Strategies - The retail industry is experiencing rapid growth, with China's social retail sales maintaining a high growth rate over the past decade, driven by rising disposable income and economic transformation strategies[133]. - The offline retail sector is facing challenges, with growth rates slowing down, necessitating a transformation to adapt to e-commerce competition and changing consumer demands[133]. - The integration of online and offline channels is a key trend in the retail industry, enhancing consumer shopping experiences and driving a shift towards service-oriented consumption[134]. - The company aims to strengthen its retail business in the Anhui region, focusing on expanding supermarket operations and enhancing store efficiency to become a leading commercial enterprise in the province[137]. - The company recognizes the potential for self-owned brands in the retail sector, which remains underdeveloped compared to developed countries, presenting significant growth opportunities[134]. - The company is focusing on developing fresh food supermarkets to meet the rising demand for quality and safe food products among consumers[134]. - The company plans to increase its self-operated product ratio and improve gross margins through direct sourcing from manufacturers and brand owners[139]. Store Expansion and Logistics - The company opened a total of 66 stores by the end of the reporting period, with a total operating area of 211,800 square meters[40]. - The company opened 10 new stores during the reporting period, focusing on expanding its presence in core locations[52]. - The company has expanded its supermarket operations, with 54 leased supermarkets contributing to its growth strategy[96]. - The company has been actively opening new stores, with several locations established in recent years, enhancing its market presence[97]. - The main distribution center warehouse covers an area of approximately 43,550 square meters, accounting for 75.27% of the total logistics warehouse area[112]. Financial Management and Investments - The company plans to raise up to 511.42 million yuan through a non-public offering to enhance its financial strength and expand its supermarket operations[56]. - The company has decided to terminate its non-public offering plan due to market conditions and internal considerations[56]. - The company has established a comprehensive management and risk control system around key management links such as procurement, inventory, and sales[154]. - The company is in a critical development phase, requiring continuous capital investment for expansion and upgrading existing stores[156]. - The company aims to enhance its competitive advantage and scale efficiency through these investments[156]. Social Responsibility and Employee Welfare - The company has actively participated in social responsibility initiatives, including providing essential supplies during the COVID-19 pandemic and supporting local disaster relief efforts[197]. - The company has prioritized employee welfare, offering holidays for employees to visit their families and hiring over 1,000 young people and 300 laid-off workers in recent years[196]. - The company has received multiple honors for its integrity and commitment to consumer rights, including being named a "National Integrity Unit" and "Anhui Province Trustworthy Store"[191]. Risk Management and Compliance - The company has implemented a comprehensive safety management system to ensure a secure shopping environment for consumers[193]. - The company has no major litigation or arbitration matters during the reporting period[180]. - The company’s integrity status during the reporting period is reported as good[182]. - The company’s internal control audit was conducted by Rongcheng Accounting Firm with a fee of RMB 15,000[180].

2021 年第一季度报告 公司代码：603031 公司简称：安德利 安徽安德利百货股份有限公司 2021 年第一季度报告 1 / 19 2021 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 19 2021 年第一季度报告 单位：元 币种：人民币 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 公司负责人夏柱兵、主管会计工作负责人袁莉及会计机构负责人（会计主管人员）袁莉保证 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 主要财务数据 | --- | --- | --- | --- | --- | --- | |-------------------------------------------------|--- ...

Financial Performance - Operating revenue for the period from January to September was CNY 1,340,963,370.39, down 6.03% year-on-year[18] - Net profit attributable to shareholders for the same period was CNY 3,828,890.65, a decline of 65.13% compared to the previous year[18] - Basic earnings per share for the period were CNY 0.03, down 70.00% from the previous year[20] - The weighted average return on net assets was 0.62%, a decrease of 1.18 percentage points compared to the previous year[20] - The net profit after deducting non-recurring gains and losses was CNY 747,066.77, a decrease of 91.22% year-on-year[18] - The company reported a significant increase in credit impairment losses by 92.51% to -RMB 99,592.25 from -RMB 1,328,805.96, due to recoveries of prior year receivables[29] - The company is facing challenges due to the impact of the pandemic on sales, particularly in the department store and home appliance sectors[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,740,553,195.22, a decrease of 5.08% compared to the end of the previous year[18] - Total assets decreased to RMB 1,740,553,195.22 from RMB 1,833,798,490.64, indicating a contraction in the company's asset base[39] - Total liabilities were CNY 597,998,726.97, down from CNY 3,106,697,858.56 at the end of 2019, indicating a reduction of 80.7%[47] - The total equity attributable to shareholders was CNY 366,313,205.24, reflecting the company's net worth[89] - The company’s total current liabilities were CNY 3,102,509,319.85, highlighting its short-term financial obligations[89] Cash Flow - The net cash flow from operating activities for the first nine months was CNY 67,415,596.65, a decrease of 40.99% year-on-year[18] - Net cash flow from operating activities decreased by 40.99% to RMB 67,415,596.65 from RMB 114,238,667.00, attributed to increased cash payments for goods and services[32] - The net cash flow from operating activities was -3,971,984.03 RMB, compared to 27,345,102.55 RMB in the previous period[74] - The net cash flow from investing activities was -22,948,421.27 RMB, a significant decrease from -123,007,378.11 RMB year-over-year[74] - Cash inflow from financing activities totaled 1,046,828,059.53 RMB, up from 1,001,869,224.60 RMB in the previous period[74] Shareholder Information - The total number of shareholders at the end of the reporting period was 6,498[26] - The largest shareholder, Chen Xuegao, held 28.90% of the shares, amounting to 32,373,596 shares[26] Inventory and Receivables - Accounts receivable increased by 134.37% to RMB 17,648,689.16 from RMB 7,530,210.65 due to growth in group purchases and project payments[29] - Inventory decreased to RMB 322,443,036.56 from RMB 371,207,794.17, reflecting a reduction in stock levels[36] - Inventory levels were reported at CNY 144,451,944.95, reflecting a decrease compared to previous periods[45] Government Support - The company received government subsidies amounting to CNY 724,247.33 during the reporting period[20] Revenue Recognition - The company executed a new revenue recognition standard starting January 1, 2020, impacting the financial reporting[89] - The company reported a contract liability of CNY 47,878,555.08 as of January 1, 2020, indicating future revenue obligations[89]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥851.4 million, a decrease of 8.52% compared to ¥930.7 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2020 was approximately ¥8.87 million, down 22.37% from ¥11.42 million in the previous year[19]. - The net cash flow from operating activities was approximately ¥5.22 million, a significant decline of 92.90% compared to ¥73.57 million in the same period last year[19]. - Basic earnings per share for the first half of 2020 were ¥0.08, down 20.00% from ¥0.10 in the same period last year[21]. - The weighted average return on net assets was 1.42%, a decrease of 0.45 percentage points compared to 1.87% in the previous year[21]. - The company reported a decrease of 40.04% in net profit after deducting non-recurring gains and losses, amounting to approximately ¥6.29 million compared to ¥10.49 million last year[19]. - The total revenue for the first half of 2020 was approximately 851.4 million RMB, with a gross profit of approximately 186.3 million RMB[31]. - The net profit attributable to shareholders was 8.87 million yuan, down 22.37% compared to the same period last year, mainly due to the pandemic's effect on sales and inventory impairment provisions[39]. - The company reported a significant reduction in cash and cash equivalents, with cash funds at ¥75,567,328.52 compared to ¥127,962,782.56 at the end of 2019[106]. - The company reported a significant reduction in short-term borrowings to CNY 497,591,123.25 from CNY 525,805,371.21, a decrease of 5.3%[99]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥1.72 billion, a decrease of 6.30% from ¥1.83 billion at the end of the previous year[21]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥628.76 million, an increase of 1.43% from ¥619.90 million at the end of the previous year[21]. - Total liabilities as of June 30, 2020, were CNY 1,089,440,259.42, a decrease of 10.2% from CNY 1,213,902,493.73[101]. - The company's total assets decreased to CNY 1,718,202,144.43 from CNY 1,833,798,490.64, reflecting a decline of 6.3%[98]. - The company's equity attributable to shareholders increased to CNY 628,761,885.01 from CNY 619,895,996.91, a growth of 1.4%[101]. Operational Strategy - The company operates 59 retail outlets, with a total operating area of 198,900 square meters as of June 30, 2020[28]. - The company plans to continue expanding its retail network in rural and county-level markets, focusing on self-operated and multi-format development[32]. - The company aims to adapt to the evolving retail landscape, emphasizing the integration of online and offline sales channels[32]. - The company has established a logistics system with three mature logistics centers in Anhui province, which is superior to other local retail and e-commerce businesses[35]. - The company is focusing on expanding its community supermarket presence in cities like Hefei and Wuhu, which have significant growth potential[39]. Market Conditions - The retail industry faced challenges, with a 1.6% decline in GDP and an 11.4% drop in total retail sales in the first half of 2020 due to the pandemic[32]. - Online retail sales reached 5.15 trillion RMB, showing a year-on-year growth of 7.3%, with physical goods online retail sales growing by 14.3%[32]. - Supermarket sales increased by 30% during January to March 2020, compensating for losses from the closure of shopping centers[37]. Financial Management - The company has not disclosed any plans for profit distribution or capital increase during the reporting period[7]. - The company has actively engaged in social responsibility initiatives, providing essential goods and pandemic supplies to local residents during the crisis[39]. - The company aims to increase the proportion of its own brand products and enhance the sales of fresh produce in its supermarkets[39]. - Financial expenses decreased by 30.84% to 10.83 million yuan due to reduced bank loans and lower interest rates[41]. - The company plans to focus on cost control and efficiency improvements in the upcoming quarters to enhance profitability[109]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,454[82]. - The largest shareholder, Chen Xuegao, held 32,373,596 shares, representing 28.90% of the total shares[82]. - The second-largest shareholder, Hefei Rongxin Equity Investment Fund, held 14,380,800 shares, accounting for 12.84%[82]. - Significant share reductions were noted for departing directors, with Chen Xuegao reducing his holdings by 10,785,600 shares[88]. - The company experienced a change in its board of directors, with several members resigning and new members being elected[89]. Compliance and Governance - The company has no major litigation or arbitration matters during the reporting period[73]. - The integrity status of the company and its controlling shareholders is good, with no significant debts or court judgments unfulfilled during the reporting period[73]. - There are no significant related party transactions reported during the period[76]. - The company has retained Rongcheng Accounting Firm for the 2020 financial report and internal control audit[73]. - The company has not disclosed any stock incentive plans or employee stock ownership plans during the reporting period[74]. Accounting Policies - The financial statements are prepared in accordance with the Chinese accounting standards, reflecting the company's financial position and operating results accurately[167]. - The company's accounting policies and estimates are based on the enterprise accounting standards, ensuring consistency in financial reporting[164]. - The company has established specific accounting treatments for mergers and acquisitions, ensuring fair value measurement of identifiable assets and liabilities[170]. - The company adheres to the relevant disclosure rules set by the China Securities Regulatory Commission, ensuring transparency in financial reporting[162]. - The company will only consolidate subsidiaries that provide relevant services for investment activities if it is classified as an investment entity[173].

公司代码：603031 公司简称：安德利 2020 年第一季度报告 安徽安德利百货股份有限公司 2020 年第一季度报告 1 / 24 2020 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 24 2020 年第一季度报告 单位：元 币种：人民币 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 公司负责人陈学高、主管会计工作负责人周元灿及会计机构负责人（会计主管人员）钱元报 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 主要财务数据 | --- | --- | --- | --- | --- | |-------------------------------------------------|------- ...