2021 年第一季度报告 公司代码：603101 公司简称：汇嘉时代 新疆汇嘉时代百货股份有限公司 2021 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2021 年第一季度报告 一、 重要提示 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 非经常性损益项目和金额 √适用 □不适用 3 / 19 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 4,215,018,390.53 4,078,873,822.74 3.34 归属于上市公司股东 的净资产 1,436,417,376.85 1,399,636,774.29 2.63 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现金 流量净额 108,282,364.53 -46,391,122.98 不适用 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 679,674,025.33 512,520,2 ...

Financial Performance - Operating revenue for the first nine months was CNY 1,419,964,855.00, representing a decrease of 55.82% year-on-year[7] - Net profit attributable to shareholders was a loss of CNY 3,540,200.67, a decline of 110.34% compared to the same period last year[7] - Basic and diluted earnings per share were both -CNY 0.0075, a decrease of 107.36% year-on-year[8] - The company reported a net loss of CNY 3,812,685.23 after deducting non-recurring gains and losses, a decline of 111.15% year-on-year[7] - The company reported a significant decrease in interest income by 84.12% to ¥3,923,755.64 from ¥24,702,596.19[16] - The net profit for Q3 2020 was -¥20,350,391.52, a significant decline from a profit of ¥8,509,484.78 in Q3 2019[39] - The total comprehensive loss for the period was ¥20,350,391.52, compared to a comprehensive income of ¥8,509,484.78 in the same period last year[41] - The company reported a total profit loss of ¥10,378,372.63 for Q3 2020, compared to a loss of ¥4,380,055.06 in Q3 2019[43] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 383,050,254.06, a decline of 408.73% compared to the same period last year[7] - The company's cash flow from operating activities for the first three quarters of 2020 was CNY 3,115,060,098.05, a decrease of 23.8% compared to CNY 4,087,466,092.65 in the same period of 2019[45] - The net cash flow from operating activities was -CNY 383,050,254.06, compared to a positive CNY 124,071,672.60 in the previous year, indicating a significant decline[46] - Cash inflow from financing activities was CNY 956,598,777.78, significantly higher than CNY 428,000,000.00 in the previous year, showing a growth of 123.5%[46] - The net cash flow from financing activities was CNY 432,627,665.27, compared to -CNY 174,820,653.08 in the same period last year, indicating a positive turnaround[46] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,903,014,202.92, an increase of 2.42% compared to the end of the previous year[7] - The company's total liabilities were CNY 2,526,478,060.75, compared to CNY 2,430,618,042.50 at the end of 2019, reflecting an increase of about 3.9%[32] - The company's equity attributable to shareholders was CNY 1,376,536,142.17, slightly down from CNY 1,380,076,342.84 at the end of 2019[32] - The total liabilities rose to ¥2,145,991,990.32 in Q3 2020, compared to ¥1,867,170,655.05 in Q3 2019, marking an increase of about 14.9%[35] - The company's total current liabilities increased by CNY 8,967,256.75 compared to the previous reporting period[53] Shareholder Information - The total number of shareholders at the end of the reporting period and the shareholding structure of the top ten shareholders were disclosed[11] - Total number of shareholders reached 18,322[12] - The largest shareholder, Pan Jinhai, holds 62.39% of shares, with 293,505,198 shares pledged[12] Inventory and Receivables - Accounts receivable increased by 38.40% to ¥105,090,926.63 from ¥75,931,468.65[15] - Inventory rose by 46.40% to ¥358,047,134.55 from ¥244,567,695.65[15] - The inventory level increased to ¥185,564,602.59 in Q3 2020, compared to ¥73,035,200.78 in Q3 2019, indicating a rise of about 154.5%[35] Legal and Regulatory Issues - The company is involved in multiple ongoing legal disputes regarding rental agreements, with one case resulting in a court ruling requiring the company to pay approximately RMB 2.95 million[21] - The company is currently appealing a court decision related to a rental contract dispute, which could affect its financial obligations[21] - The company has ongoing legal disputes related to lease agreements, with significant financial implications, including a payment of CNY 7,356,603.28 ordered by the court[26] Strategic Initiatives - The company invested RMB 50 million to establish a biotechnology company focused on health food products, which has officially launched its products in the market[19] - The company plans to continue focusing on market expansion and new product development to improve future performance[48] - The company has implemented a new revenue recognition standard, changing the accounting method for joint venture income from gross to net, impacting revenue reporting[20] - The company is focusing on cost reduction strategies, as evidenced by the decrease in sales and management expenses compared to the previous year[42]

Financial Performance - The company's operating revenue for the first half of 2020 was approximately ¥999 million, a decrease of 54.23% compared to ¥2.18 billion in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2020 was approximately ¥16.81 million, down 34.66% from ¥25.73 million in the previous year[20]. - The net cash flow from operating activities was negative at approximately -¥268.67 million, a decline of 261.47% compared to ¥166.39 million in the same period last year[20]. - The company's main business revenue accounted for 84.95% of total operating income, with department store revenue at 23.69% and supermarket revenue at 76.31%[29]. - The company reported a significant impact on sales and rental income due to the pandemic, leading to a decrease in revenue[22]. - The company reported a main business revenue of RMB 84,860.56 million for the first half of 2020, a decrease of 49.57% compared to the previous revenue standard[87]. - The main business cost was RMB 61,400.69 million, reflecting a decrease of 57.61% under the new revenue standard[87]. - The retail segment (department store) saw a revenue drop of 78.08%, with a new revenue figure of RMB 20,102.76 million[88]. - The supermarket segment reported a revenue of RMB 64,757.80 million, down 15.43% compared to the previous standard[88]. - The company reported a total comprehensive income of CNY 16,810,190.85 for the current period[129]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥3.97 billion, an increase of 4.06% from ¥3.81 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥1.40 billion, up 1.22% from ¥1.38 billion at the end of the previous year[20]. - Total liabilities amounted to CNY 2,568,372,318.56, compared to CNY 2,430,618,042.50, indicating an increase of approximately 5.7%[111]. - The total equity of the company was ¥991,626,830.30 in the first half of 2020, slightly down from ¥996,574,535.47 in the same period of 2019, reflecting a decrease of 0.5%[114]. - The company reported a net loss of CNY 4,947,705.17 during the first half of 2020, compared to a profit in the same period last year[137]. Shareholder Information - The company has committed to ensuring that shareholders do not transfer more than 25% of their shares during their tenure and within six months after leaving their positions[61]. - Shareholders are restricted from transferring shares at a price lower than the issuance price during the first 12 months post-lockup[62]. - The company has a commitment to maintain control by holding shares long-term, with a potential for a 15% reduction in shares after the lockup period[62]. - The largest shareholder, Pan Jinhai, holds 293,505,198 shares, accounting for 62.39% of the total shares, with 209,090,000 shares pledged[98]. - The company’s top ten shareholders include significant holdings from various investment partnerships, with Pan Jinhai being the actual controller[102]. Business Strategy and Operations - The company is actively restructuring its business model to explore new growth opportunities, including the establishment of a biotechnology company focused on health food products[28]. - The company aims to enhance its digital transformation and online sales capabilities in response to the pandemic's impact on foot traffic and retail operations[31]. - The company is focusing on reducing store vacancy rates and improving value-added services to enhance sales performance[36]. - The company is expanding its online business through its own app and third-party platforms, utilizing live streaming and short videos to enhance consumer engagement[39]. - The company is committed to building an ecosystem centered around e-commerce platforms to connect consumers, supply chains, and small brands, breaking traditional consumption boundaries[31]. Legal and Compliance Issues - The company has ongoing significant litigation matters, including a lawsuit involving Beijing Songlian Technology Co., which has a claim amount of RMB 2,200,000[71]. - The company is involved in multiple lawsuits, with claims totaling approximately ¥32.43 million and ¥37.31 million against different parties[73][74]. - The company is currently appealing several court decisions that have not been in its favor[74]. - The company has reported that it has recognized estimated liabilities related to ongoing litigation[74]. Financial Management and Cost Control - The company implemented cost control measures, focusing on improving performance, increasing customer flow, and reducing expenses[40]. - The company aims to implement stricter cost control measures and optimize personnel structure to improve financial management[56]. - The company has restricted cash of CNY 84,581,393.38, with CNY 22,786,567.82 frozen due to litigation[47]. - The company has not disclosed any new strategies or product developments in this report[90]. Market Conditions and Economic Impact - In the first half of 2020, the total retail sales of consumer goods in the country decreased by 11.4% compared to the same period last year, while per capita disposable income nominally increased by 2.4%[30]. - The company faces significant operational risks due to the impact of COVID-19, leading to store closures and a substantial drop in customer traffic[55]. - Financial performance is under pressure due to the pandemic, with increased capital expenditures and rising financing needs[56]. Accounting and Financial Reporting - The company has maintained compliance with accounting standards, ensuring that the financial statements accurately reflect its financial position[148]. - The company recognizes revenue when the customer obtains control of the related goods, which includes indicators such as the transfer of legal ownership and the acceptance of goods by the customer[199]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination not under common control[155]. - The company assesses impairment for long-term assets, including fixed assets and intangible assets, if there are indications of impairment, and recognizes impairment losses if recoverable amounts are lower than carrying amounts[189].

证券代码：603101 证券简称：汇嘉时代 公告编号：2020-043 新疆汇嘉时代百货股份有限公司 关于参加 2020 年新疆辖区上市公司 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。 为便于广大投资者更深入全面地了解公司情况、发展战略、经营状况、融资 计划、股权激励、可持续发展等投资者所关心的问题，公司定于 2020 年 6 月 24 日下午 15:00-17:30 参加由新疆上市公司协会联合深圳市全景网络有限公司组 织开展的 2020 年新疆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深圳市全景网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 · 路 演 天 下 " 网 站 （http://rs.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012）， 参与公司本次投资者集体接待日活动，活动时间为 2020 年 6 月 24 日（星期三） 15:00 至 17:3 ...

Financial Performance - Operating revenue decreased by 29.84% to CNY 854,069,602.67 year-on-year[6] - Net profit attributable to shareholders decreased by 42.90% to CNY 4,995,312.50 compared to the same period last year[6] - Basic earnings per share decreased by 59.18% to CNY 0.0149[6] - The company reported a significant decline in net profit and revenue, indicating challenges in the current market environment[6] - Net profit attributable to the parent company declined by 42.90% to ¥4,995,312.50, primarily due to decreased operating income as a result of the pandemic[15] - Operating costs decreased by 30.04% to ¥704,194,627.80, largely due to the temporary closure of stores in February[15] - Sales expenses fell by 27.81% to ¥91,023,489.27, also impacted by reduced activities during the pandemic[15] - Total operating revenue for Q1 2020 was ¥856,242,030.01, a decrease of 29.9% compared to ¥1,221,842,933.36 in Q1 2019[31] - Net profit for Q1 2020 was ¥4,995,312.50, a decline of 64.7% from ¥14,138,649.67 in Q1 2019[31] - The company's revenue for Q1 2020 was ¥290,482,106.56, a decrease of 41% compared to ¥491,582,073.88 in Q1 2019[35] Cash Flow and Liquidity - Net cash flow from operating activities decreased by 126.92% to -CNY 46,391,122.98[6] - Cash and cash equivalents increased by 43.47% compared to the beginning of the year, reaching ¥243,550,221.33, primarily due to the addition of long-term bank loans during the reporting period[14] - Cash inflow from operating activities in Q1 2020 was ¥1,053,301,054.46, compared to ¥1,404,804,370.76 in Q1 2019, reflecting a decrease of approximately 25%[37] - The total cash outflow from operating activities in Q1 2020 was 435,985,236.73 RMB, down from 819,650,743.28 RMB in Q1 2019, representing a reduction of approximately 46.8%[42] - The company reported a net increase in cash and cash equivalents of 85,281,083.88 RMB for Q1 2020, compared to an increase of 11,354,799.51 RMB in Q1 2019[41] - The cash flow from investing activities was negative at -3,298,388.00 RMB in Q1 2020, compared to -50,038,321.91 RMB in Q1 2019, indicating improved cash management in investments[42] Assets and Liabilities - Total assets increased by 2.38% to CNY 3,901,444,629.63 compared to the end of the previous year[6] - Cash and cash equivalents increased to ¥187,170,776.96 from ¥81,869,933.18, representing a growth of 128.5%[25] - Total assets as of March 31, 2020, were ¥2,967,417,750.25, up from ¥2,863,745,190.52 at the end of 2019, indicating a growth of 3.6%[27] - Total liabilities increased to ¥1,974,628,261.95 from ¥1,867,170,655.05, reflecting a rise of 5.7%[27] - Total liabilities reached RMB 2,430,618,042.50, with current liabilities at RMB 2,160,569,966.60 and non-current liabilities at RMB 270,048,075.90[47] - The company has a short-term loan of RMB 428,636,801.72, indicating reliance on external financing[47] Shareholder Information - The total number of shareholders reached 17,479 by the end of the reporting period[10] - The largest shareholder, Pan Jinhai, holds 62.39% of the shares, with 149,350,000 shares pledged[10] Other Financial Metrics - The weighted average return on net assets decreased by 0.39 percentage points to 0.26%[6] - Non-recurring gains and losses totaled CNY 1,346,680.46 for the reporting period[10] - Other receivables rose by 49.70% to ¥139,655,504.80, influenced by delayed collections of receivables due to the pandemic[14] - Construction in progress increased by 60.03% to ¥25,437,151.12, attributed to the renovation of stores and counters during the reporting period[14] - Short-term borrowings decreased by 32.25% to ¥290,404,976.14, as the company repaid short-term bank loans[14] - Long-term borrowings surged by 153.80% to ¥495,881,825.67, reflecting an increase in long-term bank loans during the reporting period[14] - Deferred tax assets were recorded at RMB 7,218,439.82, reflecting potential future tax benefits[46] - The company implemented new revenue recognition standards, impacting the classification of prepayments and deferred income[48]

Financial Performance - The company's operating revenue for 2019 was approximately RMB 4.40 billion, representing a year-on-year increase of 21.49% compared to RMB 3.62 billion in 2018[22]. - The net profit attributable to shareholders decreased by 60.41% to approximately RMB 27.77 million from RMB 70.16 million in the previous year[22]. - The net profit after deducting non-recurring gains and losses was approximately RMB 15.34 million, down 49.90% from RMB 30.61 million in 2018[22]. - The net cash flow from operating activities surged to approximately RMB 433.85 million, a significant increase of 3,092.17% compared to RMB 13.59 million in 2018[22]. - The total assets of the company decreased by 8.38% to approximately RMB 3.81 billion from RMB 4.16 billion in 2018[22]. - The company's net assets attributable to shareholders increased by 3.05% to approximately RMB 1.38 billion from RMB 1.34 billion in 2018[22]. - Basic earnings per share dropped by 67.91% to RMB 0.0938 from RMB 0.2923 in the previous year[23]. - The weighted average return on equity decreased to 2.03%, down 3.29 percentage points from 5.32% in 2018[24]. - The total revenue for the main business in 2019 was CNY 440,325.90 million, with a gross margin of 18.32%, up from 17.19% in 2018[33]. - The company reported non-recurring gains of CNY 12,434,889.88 in 2019, compared to CNY 39,542,683.37 in 2018[28]. - The company reported a significant increase in cash received from operating activities, totaling CNY 5,170,974,471.93, up 22.26% year-on-year[57]. - The total cost of goods sold was CNY 3,596,381,888.15, reflecting a year-on-year increase of 19.83%[50]. - The company reported a net profit margin of 12% for the fiscal year, which is an improvement compared to the previous year's margin of 10%[174]. Business Operations - The company expanded its business model to include health food products, investing in a biotechnology company during the reporting period[31]. - The company operates 6 department stores, 3 shopping centers, and 12 supermarkets, covering a total area of 480,000 square meters in Xinjiang[31]. - The self-operated business model contributed CNY 21,742.85 million in revenue, with a gross margin of 8.99% in 2019[33]. - The company is actively exploring the health food industry to create new growth points in response to rising consumer health awareness[39]. - The company continues to deepen its market presence in Xinjiang, adapting its business strategies to enhance competitiveness amid increasing local retail competition[41]. - The company plans to invest approximately 65 million RMB in store renovations and upgrades in 2020 to enhance overall property quality[89]. - The company aims to strengthen its market position in Xinjiang while exploring new development areas and enhancing its supply chain and logistics systems[78]. - The company is focusing on integrating online and offline marketing channels and utilizing IP embedding as a new marketing strategy[80]. - The company is transitioning its business model to achieve deep integration of online and offline operations, leveraging internet economy advantages[89]. Shareholder and Governance - The controlling shareholder, Pan Jinhai, committed not to transfer or entrust the management of shares for 36 months from the date of the company's stock listing[90]. - Shareholders are restricted from transferring more than 25% of their shares during their tenure and for six months after leaving the company[90]. - The company’s controlling shareholder pledged to submit a written plan for stock repurchase within 10 trading days if the stock price stabilization obligation is triggered, with a total repurchase amount not less than 30 million yuan[92]. - The company has promised to compensate investors for losses caused by false statements or omissions in the prospectus, with joint liability from major stakeholders[96]. - The company will avoid any direct or indirect competition with other businesses controlled by major stakeholders, ensuring priority for business opportunities[98]. - The company has established a framework to manage and disclose any potential conflicts of interest among its executives[98]. - The company will bear any costs or losses arising from creditor claims related to the separation of its logistics business[98]. - The company has established a loan approval committee to strengthen oversight of its lending practices, ensuring compliance with internal regulations[130]. - The company is committed to improving its governance capabilities and operational standards to protect shareholder rights and promote sustainable development[131]. Legal and Compliance Issues - The company received an administrative regulatory decision from the China Securities Regulatory Commission on April 15, 2019, regarding issues related to its operations and governance[127]. - The company faced administrative penalties from the China Securities Regulatory Commission and the Shanghai Stock Exchange in 2019, including public reprimands for its actual controller and responsible parties[131]. - The company is under investigation for suspected violations of information disclosure regulations, with a formal investigation initiated on April 29, 2019[131]. - The company has implemented several corrective measures to enhance internal controls and prevent related party fund occupation, including regular audits and training for management[128]. - The company has ongoing litigation involving Xinjiang Haokai Supermarket with a claim amount of 30,140,918.42 yuan, currently under trial in Karamay City[121]. - The company faced penalties from the China Securities Regulatory Commission and the Shanghai Stock Exchange due to non-compliance with regulations regarding related party transactions[191]. Employee and Community Engagement - The company created over 1,300 job opportunities in 2019, contributing to local employment[147]. - The company emphasizes employee training and development through various programs, including the "Eagle Plan"[147]. - The company has a total of 3,095 employees, with 873 in the parent company and 2,222 in major subsidiaries[185]. - The total hours of outsourced labor amounted to 1,441,622, with total payments for outsourced labor reaching 25,949,200 yuan[188]. - The company has a diverse workforce, with 279 employees holding a bachelor's degree or higher[185]. Strategic Initiatives - The company plans to expand its market presence and enhance its e-commerce operations, aiming for a 20% growth in online sales by the end of 2020[175]. - The company is focusing on new product development, particularly in the apparel sector, with an expected launch of several new lines in Q2 2020[175]. - The company is exploring potential mergers and acquisitions to enhance its market share and operational capabilities, with a target completion date by the end of 2020[175]. - The company has appointed new executives to strengthen its leadership team, including a new Chief Financial Officer to oversee financial strategies[176]. Financial Reporting and Standards - The company has implemented new financial standards effective January 1, 2019, including the recognition and measurement of financial instruments, which has resulted in a reclassification of certain financial assets[104]. - The company has made significant changes to its accounting policies, including the adoption of new revenue recognition standards effective January 1, 2020[103]. - The company disclosed its internal control self-evaluation report for the year 2019, which was approved by the board[200]. - A standard unqualified internal control audit report was issued by Da Xin Accounting Firm for the company's 2019 financial report[200].

Financial Performance - Operating revenue increased by 28.88% to CNY 3,213,935,168.64 for the period from January to September[7] - Net profit attributable to shareholders decreased by 64.32% to CNY 34,236,637.02 compared to the same period last year[7] - Basic earnings per share dropped by 74.51% to CNY 0.1019[8] - Total operating revenue for Q3 2019 reached ¥1,038,076,630.41, an increase of 29.4% compared to ¥802,163,270.76 in Q3 2018[34] - Operating income for the first three quarters of 2019 was ¥3,238,637,764.83, up from ¥2,514,296,458.75 in the same period of 2018, reflecting a growth of 28.7%[34] - The company's net profit for the first three quarters of 2019 was not explicitly stated but can be inferred from the increase in retained earnings, which decreased to ¥231,572,522.49 from ¥251,786,677.32[32] - The total profit for Q3 2019 was ¥12,535,000.85, down from ¥19,905,190.88 in the same quarter last year, reflecting a decline of 37.0%[36] - The company's net profit for Q3 2019 was -4,523,411.82, compared to a profit of 2,939,831.13 in Q3 2018, indicating a significant decline[41] - The company reported a total profit for the first three quarters of 2019 of ¥50,539,587.33, down from ¥116,037,532.43 in the same period of 2018, a decline of 56.5%[36] Assets and Liabilities - Total assets decreased by 10.44% to CNY 3,725,088,320.86 compared to the end of the previous year[7] - Total assets as of September 30, 2019, amounted to ¥2,964,488,139.06, slightly up from ¥2,925,468,386.13 at the end of 2018[32] - The total liabilities stood at CNY 2,743,570,402.83, indicating a stable leverage position compared to the previous year[50] - Total liabilities increased to ¥2,015,714,515.60 in Q3 2019 from ¥1,956,456,412.89 in Q3 2018, marking a rise of 3.7%[31] - Current liabilities totaled ¥1,793,244,351.70, compared to ¥1,712,972,521.37 in the previous year, indicating an increase of 4.7%[31] - The company reported a total liability of CNY 1,800,000,000.00 as of September 30, 2019[27] - Total liabilities amounted to approximately ¥2,819,859,028, with total equity at ¥1,339,230,843, resulting in total assets of ¥4,159,089,871[51] Cash Flow - Cash flow from operating activities generated CNY 124,071,672.60, a significant recovery from a negative cash flow of CNY -158,775,574.53 in the previous year[7] - The net cash flow from operating activities for the first nine months of 2019 was 124,071,672.60, a recovery from a negative cash flow of -158,775,574.53 in the same period of 2018[44] - The net cash flow from operating activities was negative CNY 80,065,922.51, compared to a negative CNY 14,952,856.79 in the previous year, indicating a decline in operational efficiency[47] - Cash inflow from financing activities was CNY 2,138,433,994.95, down 21.5% from CNY 2,722,227,709.88 in 2018, primarily due to lower borrowings[47] - The financing activities generated a net cash outflow of -174,820,653.08 in the first nine months of 2019, contrasting with a net inflow of 509,326,311.49 in the same period of 2018[45] Shareholder Information - The total number of shareholders reached 19,261 by the end of the reporting period[9] - The largest shareholder, Pan Jinhai, holds 62.39% of the shares, with 144,090,000 shares pledged[9] Expenses - Sales expenses surged by 99.44% to ¥353,849,128.41 mainly due to increased store renovation and promotional costs after the consolidation of a subsidiary[12] - The total operating costs for Q3 2019 were ¥1,026,622,065.79, an increase of 31.4% from ¥781,171,324.40 in Q3 2018[34] - The company's financial expenses for Q3 2019 amounted to ¥12,858,905.74, an increase of 57.5% from ¥8,171,566.75 in Q3 2018[39] - The sales expenses for Q3 2019 were ¥40,865,478.76, which is a significant increase of 118.0% from ¥18,652,949.49 in Q3 2018[39] - The management expenses for Q3 2019 were ¥29,439,403.80, up from ¥19,803,219.62 in Q3 2018, reflecting an increase of 48.7%[39] Investments and Projects - The company invested ¥50 million to establish a wholly-owned subsidiary focused on health food projects[19] - The company acquired land use rights for ¥44.15 million for a new project in Xinjiang[15] - The company transferred 90% of its equity in a subsidiary, receiving all transfer payments and related interest[16] - The company ceased operations of a supermarket project due to adjustments in its business plan[18] Legal Matters - The company has ongoing litigation with Karamay Tiancai Real Estate Development Co., involving a lease dispute with a claimed compensation amount of CNY 27,134,600[20] - The company is also in litigation with Xinjiang Dacheng Real Estate Development Co., seeking to terminate a lease and claiming damages totaling CNY 26,972,700[21] - A lawsuit against Xinjiang Hongsheng Real Estate Co. is pending, with the company claiming damages of CNY 28,756,699 due to inability to use the leased property[22] - The company has a court ruling against it requiring compensation of CNY 2,710,000 and legal fees of CNY 150,000 in a dispute with Bole New Residential Real Estate Development Co.[22] Other Financial Metrics - The weighted average return on equity decreased by 4.75 percentage points to 2.45%[8] - The company received government subsidies amounting to CNY 647,603.32 during the reporting period[8] - The company has not disclosed any new product developments or market expansion strategies in this report[6] - The company's cash and cash equivalents at the end of Q3 2019 were CNY 39,256,939.27, a decrease from CNY 88,962,506.32 at the end of the previous year[47] - The cash paid for purchasing goods and services was CNY 1,242,388,677.89, which increased from CNY 897,072,400.66 in the same period last year, reflecting higher operational costs[47]

Financial Performance - The company's operating revenue for the first half of 2019 was ¥2,182,902,093.23, representing a 28.32% increase compared to ¥1,701,151,610.79 in the same period last year[19]. - The net profit attributable to shareholders decreased by 67.86% to ¥25,727,152.24 from ¥80,057,653.91 in the previous year[19]. - The net cash flow from operating activities improved to ¥166,389,897.99, a significant recovery from a negative cash flow of ¥253,758,169.16 in the same period last year[19]. - The total assets decreased by 7.88% to ¥3,831,402,926.40 from ¥4,159,089,870.65 at the end of the previous year[19]. - The net assets attributable to shareholders increased by 2.00% to ¥1,366,004,616.53 from ¥1,339,230,842.68 at the end of the previous year[19]. - Basic earnings per share dropped by 77.04% to ¥0.0766 from ¥0.3336 in the same period last year[20]. - The weighted average return on equity decreased by 4.13 percentage points to 1.88% from 6.01% in the previous year[20]. - The gross profit margin for the main business in the first half of 2019 was 18.80%, compared to 17.76% in the same period of 2018, indicating improved profitability[25]. - Operating revenue for the current period reached ¥2,182,902,093.23, a 28.32% increase compared to ¥1,701,151,610.79 in the same period last year[32]. - Operating profit decreased to CNY 41,287,207.78, down 58.3% from CNY 98,745,233.75 year-on-year[117]. - Net profit for the first half of 2019 was CNY 25,727,152.24, a decline of 67.8% compared to CNY 80,057,653.91 in the previous year[117]. Operational Strategy - The company has outlined potential risks in its operations, which are detailed in the report[8]. - The company plans to enhance supply chain efficiency and improve product delivery speed and flexibility to boost profitability[27]. - The company is focusing on upgrading its stores and expanding its self-purchase and direct sales business to enhance its competitive advantage[29]. - The company is actively exploring new marketing models and growth opportunities to reduce operational costs and improve overall profitability[27]. - The company has implemented a dual-brand strategy with "HuiJia Era + HaoJiaXiang," becoming the largest supermarket chain in Xinjiang[24]. - The company is considering strategic acquisitions to bolster its market position, with potential targets identified that could add $200 million in annual revenue[52]. - The company is involved in multiple lawsuits, with a total amount involved of approximately ¥27,134,600 related to a rental contract dispute[57]. Financial Position - The company incurred a net cash outflow from financing activities of ¥248,014,436.38, a 175.57% decrease compared to a net inflow of ¥328,189,434.34 last year, primarily due to increased debt repayments[32]. - The company reported total assets of 83,057.08 million RMB and net assets of 5,249.01 million RMB for Kuerle Huijia Times Commercial Investment Co., Ltd.[41]. - The company faces risks from national policies and macroeconomic fluctuations, which could impact consumer spending and the retail sector[42]. - The total amount of related party transactions for the first half of 2019 was 7.18 million yuan, with an estimated total for the year of 35.4 million yuan[69]. - The total liabilities decreased to ¥2,465,398,309.87 from ¥2,819,859,027.97, a decline of about 12.6%[109]. - The total current liabilities decreased to ¥2,156,023,337.84 from ¥2,503,570,402.83, a reduction of approximately 13.8%[109]. - The total equity attributable to shareholders of ¥1,340,277,464.00 as of the end of the first half of 2019, slightly up from ¥1,339,230,842.68 at the end of 2018[130]. Shareholder Commitments - The company’s major shareholders have committed to not transferring their shares for a period of 36 months post-listing[46]. - The controlling shareholder committed to submit a written plan for stock repurchase within 10 trading days to stabilize the stock price, with a total amount not less than 30 million yuan[48]. - If the controlling shareholder fails to fulfill the commitment, the board will announce a stock repurchase plan within 25 trading days, also with a total amount not less than 30 million yuan[48]. - Directors and senior management promised to unconditionally increase their holdings of company stock within 30 trading days if the shareholder meeting does not approve the repurchase plan, with a total increase not less than 20% of their previous year's after-tax salary[48]. - The company will extend the lock-up period for remaining shares by one year if the shareholder violates the commitment[49]. Legal and Regulatory Matters - The company received an administrative regulatory measure from the China Securities Regulatory Commission on April 15, 2019, highlighting issues that require rectification[61]. - The company has implemented corrective measures following the regulatory notice, which were approved in board meetings held on May 14, 2019[61]. - The company is currently appealing a court decision related to a rental dispute with a claim amount of ¥7,250,000[59]. - The company has a history of litigation that may impact its financial stability and operational focus moving forward[58]. Accounting and Compliance - The company implemented new accounting policies, including changes to financial statement formats and the adoption of new financial instrument standards, effective from January 1, 2019[76]. - The company has maintained its accounting policies in accordance with the latest enterprise accounting standards, ensuring compliance and transparency[152]. - The company recognizes impairment losses based on expected credit losses for financial assets measured at amortized cost and certain debt instruments[170]. - The company applies the expected credit loss method for accounts receivable and other receivables, with detailed accounting policies outlined in the financial report[175][176]. Market and Growth Prospects - The retail sales growth rate in China for the first half of 2019 was 8.4%, indicating a slowdown in consumer spending[26]. - The company reported a significant increase in revenue, achieving a total of $500 million for the quarter, representing a 20% year-over-year growth[52]. - User data showed an increase in active users, reaching 2 million, which is a 15% increase compared to the previous quarter[53]. - The company provided guidance for the next quarter, expecting revenue to be between $520 million and $550 million, indicating a growth rate of 4% to 10%[52].

证券代码：603101 证券简称：汇嘉时代 公告编号：2019-057 新疆汇嘉时代百货股份有限公司 关于参加 2019 年新疆辖区上市公司 投资者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。 为便于广大投资者更深入全面地了解公司发展战略、经营状况、融资计划、 可持续发展等投资者关心的问题，公司定于 2019 年 7 月 26 日下午 15:00-17:30 参加由新疆上市公司协会联合深圳市全景网络有限公司组织开展的 2019 年新疆 辖区上市公司投资者集体接待日活动。现将有关事项公告如下： 本次集体接待日活动将在深圳市全景网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 全 景 · 路 演 天 下 " 网 站 （http://rs.p5w.net/）或关注微信公众号：全景财经（微信号：p5w2012）， 参与公司本次投资者集体接待日活动，活动时间为 2019 年 7 月 26 日（星期五） 15:00 至 17:30。 出席本次集体接待日的人 ...

Financial Performance - Operating revenue for the current period was CNY 1,217,307,801.10, representing a growth of 24.90% year-on-year[7] - Net profit attributable to shareholders of the listed company was CNY 7,401,686.54, down 82.33% compared to the same period last year[7] - Basic earnings per share decreased by 80.36% to CNY 0.0365[7] - The weighted average return on equity fell by 1.05 percentage points to 0.65%[7] - Total operating revenue for Q1 2019 reached CNY 1,221,842,933.36, an increase of 25.4% compared to CNY 974,600,081.80 in Q1 2018[29] - Net profit for Q1 2019 decreased to CNY 12,966,214.63 from CNY 54,776,346.53 in Q1 2018, reflecting a decline of 76.4%[29] - The company's operating revenue for Q1 2019 was CNY 491,582,073.88, an increase of 36.1% compared to CNY 361,255,278.58 in Q1 2018[31] - The net profit for Q1 2019 was CNY 8,748,367.00, a decrease of 80.4% from CNY 44,588,030.86 in Q1 2018[31] - The total profit for Q1 2019 was CNY 14,138,649.67, a decrease of 73.3% compared to CNY 52,697,077.36 in Q1 2018[31] Cash Flow - Cash flow from operating activities increased by 45.20% to CNY 172,345,269.15 compared to the previous year[7] - Operating cash flow increased by 45.20% year-on-year, mainly due to increased sales revenue[18] - Cash flow from operating activities in Q1 2019 was CNY 1,367,412,333.77, an increase from CNY 1,144,566,359.22 in Q1 2018[34] - Net cash flow from operating activities was negative CNY 75,725,268.81, an improvement from negative CNY 95,211,257.94 in the same period last year[39] - Cash inflow from financing activities was CNY 833,064,425.68, down from CNY 1,059,703,791.58 in Q1 2018, a decrease of about 21.3%[40] - The net cash flow from financing activities was positive CNY 33,883,888.80, a significant decline from CNY 315,349,774.23 in the previous year[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 4,035,172,103.09, a decrease of 2.98% compared to the end of the previous year[7] - Non-current assets totaled CNY 2,926,416,917.92 as of March 31, 2019, a decrease from CNY 2,953,877,886.75 at the end of the previous year[25] - Total liabilities as of March 31, 2019, were CNY 1,976,207,083.15, compared to CNY 1,956,456,412.89 at the end of 2018[28] - Current liabilities totaled CNY 1,731,940,017.17, an increase from CNY 1,712,972,521.37 in the previous period[28] - Total liabilities reached CNY 2,819,859,027.97, with current liabilities at CNY 2,503,570,402.83 and non-current liabilities at CNY 316,288,625.14[44] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,733[11] - The largest shareholder, Pan Jinhai, holds 62.39% of the shares, with 149,747,550 shares pledged[11] Expenses - Sales expenses increased by 122.25% year-on-year, mainly due to the inclusion of Xinjiang Haojiaxiang Supermarket Co., Ltd. in the consolidation scope and increased expenses from newly opened stores[16] - Management expenses increased by 39.90% year-on-year, primarily due to expenses from newly opened stores in Changji Shopping Center[16] - Financial expenses increased by 86.51% year-on-year, mainly due to increased loans and interest expenses accrued during the reporting period[16] Other Financial Metrics - The company reported non-operating income of CNY 1,497,367.73 during the period[10] - The net profit from non-recurring gains and losses totaled CNY 1,346,680.46 after tax adjustments[10] - Accounts receivable and notes increased by 47.77% compared to the beginning of the year, mainly due to increased sales on credit and receipt of commercial acceptance bills[13] - Other receivables increased by 30.18% compared to the beginning of the year, primarily due to an increase in loans during the reporting period[13] - The company incurred a loss of CNY 15,079,489.21 in Q1 2019, contrasting with a profit of CNY 12,148,137.13 in Q1 2018[32] Regulatory and Audit Information - The company has made adjustments to its financial asset classifications in accordance with new financial instrument standards[45] - The company has implemented new financial instrument standards affecting asset classification[49] - The audit report is not applicable for this period[50]