Financial Performance - Operating revenue for the first nine months reached CNY 3,374,520,943.97, representing a year-on-year increase of 29.52%[6] - Net profit attributable to shareholders was CNY 232,576,205.25, a slight increase of 1.86% compared to the same period last year[6] - The company reported a gross profit margin of approximately 10.1% for the first three quarters of 2017, down from 10.5% in the previous year[22] - The company’s total comprehensive income for the first three quarters of 2017 was CNY 213,670,419.00, compared to CNY 230,124,645.16 in the same period last year, indicating a decrease of 7.1%[23] - The net profit for Q3 2017 was CNY 34,923,452.74, a significant increase from CNY 15,490,893.98 in the same period last year, representing a growth of 125.5%[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,641,115,718.57, a decrease of 1.61% compared to the end of the previous year[6] - Total current assets decreased from ¥3,262,894,360.25 to ¥3,132,021,215.06, a decline of approximately 4.0%[14] - Total non-current assets increased from ¥437,701,995.37 to ¥509,094,503.51, an increase of about 16.3%[15] - Total liabilities decreased from ¥1,788,781,345.60 to ¥1,549,469,035.31, a reduction of approximately 13.3%[16] - Total equity increased from ¥1,911,815,010.02 to ¥2,091,646,683.26, an increase of approximately 9.4%[16] Cash Flow - The net cash flow from operating activities was negative at CNY -277,015,043.25, a decline of 252.35% compared to the previous year[6] - Cash received from operating activities increased by 39.82% to RMB 159,989,279.44, reflecting growth in business activities and government subsidies[12] - The company reported a net cash outflow from investing activities of CNY -230,631,366.68 for the first nine months of 2017, compared to CNY -267,478,673.39 in the same period last year[28] - The financing activities generated a net cash inflow of CNY 266,786,972.47 in the first nine months of 2017, down from CNY 582,791,349.29 in the previous year[28] - Cash inflow from financing activities was approximately $590 million, compared to $721.97 million in the same period last year[30] Shareholder Information - The total number of shareholders at the end of the reporting period was 21,835[8] - The largest shareholder, Jilin Changjiu Industrial Group, holds 76.16% of the shares, with a portion pledged[8] Investment and Expenses - Investment income for the first three quarters of 2017 was CNY 15,017,557.34, significantly higher than CNY 5,316,530.63 in the same period last year, marking an increase of 182.5%[22] - The company’s sales expenses for the first nine months of 2017 were CNY 19,534,851.49, slightly down from CNY 19,890,231.87 in the same period last year[25] - The financial expenses rose by 98.34% to RMB 3,225,859.85, mainly due to new short-term borrowings[11] - The financial expenses for Q3 2017 were CNY 2,795,301.51, significantly higher than CNY 581,527.55 in Q3 2016, indicating an increase of 380.5%[25] Inventory and Receivables - Inventory decreased by 45.83% to RMB 480,261.99, mainly due to the cost of inventory being recognized[10] - Accounts receivable decreased from ¥1,507,190,803.58 to ¥1,339,491,312.49, a decline of approximately 11.2%[14] - Other receivables increased from ¥69,411,013.57 to ¥81,120,208.85, an increase of about 16.9%[14]

Financial Performance - The company's operating revenue for the first half of 2017 was ¥2,265,133,752.05, representing a 27.89% increase compared to ¥1,771,162,430.62 in the same period last year[20]. - The net profit attributable to shareholders of the listed company decreased by 9.54% to ¥141,420,081.41 from ¥156,342,014.14 in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 4.02% to ¥130,756,491.06 compared to ¥125,708,780.24 in the same period last year[20]. - Basic earnings per share decreased by 18.60% to CNY 0.35 compared to the same period last year[22]. - Weighted average return on equity dropped by 8.59 percentage points to 7.47% year-on-year[22]. - The company achieved operating revenue of 2.265 billion yuan, a year-on-year increase of 27.89%[34]. - Net profit attributable to shareholders of the parent company was 141 million yuan, a year-on-year decrease of 9.54%[34]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was 131 million yuan, a year-on-year increase of 4.02%[34]. - The company reported a net profit of ¥138,057,844.97, a decrease of 12% from ¥157,521,617.43 in the previous year[107]. - The net profit for the first half of 2017 was CNY 29,951,665.45, a decrease of 61.5% from CNY 77,575,329.97 in the previous year[110]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥300,973,698.90, a decline of 354.17% from ¥118,412,946.28 in the previous year[20]. - The company's cash and cash equivalents decreased from CNY 1,318,949,101.55 to CNY 1,142,432,518.30, a decline of approximately 13.3%[98]. - The company's total assets decreased from CNY 3,700,596,355.62 to CNY 3,663,082,015.28, a decline of approximately 1.0%[100]. - The company's total equity attributable to shareholders increased to 762,353,277.12 RMB, up from 684,934,795.71 RMB in the previous period, reflecting a growth in retained earnings[120]. - The total cash and cash equivalents at the end of the period amounted to 706,322,974.71 RMB, down from 829,979,598.19 RMB at the beginning of the period[116]. - The company’s total assets at the end of the current period are CNY 750,275,232.23[125]. Business Operations and Strategy - The automotive logistics industry is experiencing a shift from low-price competition to high-quality service, which may impact the company's operations[8]. - The company is actively exploring and developing new business opportunities, facing risks related to market expansion and team building[8]. - The automotive industry is predicted to see a slowdown in growth due to macroeconomic factors, which may affect demand[8]. - The company established several wholly-owned subsidiaries during the reporting period, enhancing its operational capacity[30]. - The company launched a new international railway transport route from Northeast China to Europe, marking a significant advancement in international logistics[31]. - The company signed an investment agreement to build a multi-modal transport base in Northeast China and a logistics project in East China[34]. - The company’s multi-modal transport strategy increased the water transport ratio from 5.36% to 18.28% and the railway ratio from 1.22% to 9.79%[34]. - The company has a history of profitable operations and sufficient financial resources to support ongoing operations[142]. Shareholder and Equity Information - The company does not plan to distribute profits or increase capital reserves through stock conversion during this reporting period[5]. - The company is under a lock-up period for shares held by major shareholders for 36 months post-IPO[46]. - The company anticipates a significant impact from industry policy changes in the automotive logistics sector in 2017[43]. - The largest shareholder, Changjiu Group, held 304,636,180 shares, representing 76.16% of total shares, with 86,051,930 shares pledged[88]. - The total number of ordinary shareholders as of the end of the reporting period was 23,663[86]. - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing[47]. Related Party Transactions and Commitments - The company will ensure that any related party transactions are conducted at fair market prices, adhering to government guidance when available[51]. - The company has pledged that any profits obtained from related party transactions will be returned to the issuer and compensate for any losses incurred by the issuer and other shareholders[51]. - The company will adjust the lock-up period for shares if there are any violations of the commitments made regarding share transfers[51]. - The company has established a commitment to avoid or minimize related party transactions, ensuring compliance with relevant regulations[51]. - The company will support the board in establishing and revising compensation policies linked to performance measures[61]. Regulatory Compliance and Investor Protection - The company committed to compensating investors for measurable economic losses due to false statements or omissions in the prospectus, ensuring investor rights are protected[57]. - The company will refund investors the amount paid for shares plus interest if the prospectus is found to contain significant misstatements before the shares are listed[57]. - The company emphasizes the importance of protecting the interests of small and medium investors in its compensation strategy[57]. - The company reported a commitment to ensure the accuracy and completeness of its IPO prospectus, taking legal responsibility for any misleading statements or omissions[60]. - The company will halt cash dividend plans and executive compensation if it fails to fulfill its public commitments[60]. Accounting Policies and Financial Reporting - The company's accounting policies comply with the requirements of the enterprise accounting standards, ensuring accurate financial reporting[144]. - The group recognizes the operating results and cash flows of subsidiaries from the beginning of the reporting period for mergers under common control[150]. - The company assesses receivables for impairment individually if the amount exceeds 500,000 yuan, and applies a collective assessment for those below this threshold[169]. - The company recognizes revenue from service provision when total revenue and costs can be reliably measured, and economic benefits are likely to flow to the company[199]. - The company has no intangible assets related to biological or oil and gas assets, focusing instead on land use rights and software[189].

Financial Performance - Net profit attributable to shareholders decreased by 39.20% to CNY 45,443,155.82 year-on-year[5] - Operating revenue rose by 27.64% to CNY 1,175,926,942.48 compared to the same period last year[5] - Basic earnings per share fell by 47.62% to CNY 0.11 compared to the previous year[5] - The weighted average return on equity decreased by 5.58 percentage points to 2.43%[5] - Net profit for Q1 2017 was CNY 30,565,468.98, a decrease of 59.5% compared to CNY 75,382,044.36 in Q1 2016[27] - The net profit for Q1 2017 was CNY 11,714,547.47, a decrease of 68.0% from CNY 36,633,817.21 in Q1 2016[31] - The total comprehensive income attributable to the parent company was CNY 45,437,179.21, compared to CNY 74,744,640.21 in the prior year[30] - The company reported a total profit of CNY 14,662,214.75 for Q1 2017, a decrease of 69.4% from CNY 47,987,093.50 in the same period last year[31] Cash Flow - Net cash flow from operating activities decreased significantly by 425.57% to -CNY 308,671,592.55[5] - Cash flow from operating activities showed a net outflow of CNY -308,671,592.55, worsening from CNY -58,730,914.84 in the same quarter last year[34] - The company's operating cash inflow for Q1 2017 was CNY 739,498,168.92, a significant increase from CNY 500,104,592.83 in the previous period, representing a growth of approximately 47.9%[36] - The net cash flow from operating activities was negative at CNY -288,596,238.52, worsening from CNY -64,849,647.34 year-over-year[36] - Total cash outflow from operating activities increased to CNY 1,028,094,407.44, compared to CNY 564,954,240.17 in the previous period, indicating a rise of about 82.0%[36] - The company reported a total cash outflow from operating activities that was more than the cash inflow, indicating a need for improved cash management strategies moving forward[36] Assets and Liabilities - Total assets increased by 0.50% to CNY 3,719,249,432.33 compared to the end of the previous year[5] - The total number of shareholders reached 24,084 at the end of the reporting period[10] - The largest shareholder, Jilin Changjiu Industrial Group Co., Ltd., holds 76.16% of the shares, with 86,051,930 shares pledged[10] - Total liabilities as of March 31, 2017, were CNY 1,047,542,574.30, an increase from CNY 1,011,120,765.50 at the start of the year[24] - The total equity attributable to shareholders of the parent company was CNY 1,889,757,029.24, up from CNY 1,843,534,830.03, reflecting a growth of 2.5%[24] - The company's total liabilities and equity amounted to CNY 3,719,249,432.33, compared to CNY 3,700,596,355.62 at the beginning of the year, showing a slight increase of 0.5%[24] Revenue and Costs - Operating costs increased by 38.66% to ¥1,076,345,784.39 from ¥776,224,779.69 driven by higher business volume and unit prices[12] - Total operating costs for Q1 2017 were CNY 1,138,036,603.51, up 37% from CNY 830,977,200.29 year-over-year[27] - Cash received from the sale of goods and services increased by 31.99% to ¥1,244,863,349.07 from ¥943,149,623.04 due to higher business volume and unit prices[13] - The company incurred operating costs of CNY 466,462,951.01, which increased from CNY 390,590,739.77 in the previous year[30] Receivables and Inventory - Accounts receivable increased by 40.24% to ¥79,151,181.11 from ¥56,437,841.57 due to increased usage of bill settlements[12] - Other receivables rose by 40.38% to ¥97,439,622.69 from ¥69,411,013.57 primarily due to an increase in inter-company transactions[12] - Inventory decreased by 55.06% to ¥398,411.74 from ¥886,599.42 mainly due to the transfer of transportation costs[12] - Accounts receivable increased to CNY 693,781,481.72 from CNY 743,824,046.75, indicating a decrease of 6.7%[22] - The company reported a significant increase in other receivables, rising to CNY 243,859,076.43 from CNY 170,840,154.92, an increase of 42.7%[23] Financing Activities - Cash obtained from borrowings increased significantly by 1786.71% to ¥338,193,500.00 from ¥17,925,000.00, reflecting a substantial rise in short-term bank loans[13] - The company reported cash inflows from financing activities of CNY 318,497,254.52, significantly up from CNY 2,052,385.22 in Q1 2016[35] - Cash inflow from financing activities totaled CNY 290,000,000.00, with no inflow recorded in the previous period[37] - The net cash flow from financing activities was CNY 288,591,325.00, a significant improvement from CNY -1,149,064.58 year-over-year[37]

Financial Performance - The company reported a net profit of RMB 160,484,033.36 for 2016, with a distributable profit of RMB 319,154,159.84 as of December 31, 2016, after accounting for a legal reserve[10]. - The company's operating revenue for 2016 was CNY 4,296,200,432.06, representing a 26.55% increase compared to CNY 3,394,869,934.82 in 2015[26]. - The net profit attributable to shareholders for 2016 was CNY 362,424,404.88, an 18.41% increase from CNY 306,063,434.19 in 2015[26]. - The net cash flow from operating activities for 2016 was CNY 445,094,432.39, up 27.75% from CNY 348,401,505.14 in 2015[27]. - The total assets at the end of 2016 were CNY 3,700,596,355.62, a 70.82% increase from CNY 2,166,423,810.81 at the end of 2015[27]. - The net assets attributable to shareholders at the end of 2016 were CNY 1,843,534,830.03, reflecting a 105.99% increase from CNY 894,972,596.65 at the end of 2015[27]. - The basic earnings per share for 2016 were CNY 0.97, a 14.12% increase from CNY 0.85 in 2015[28]. - The weighted average return on equity for 2016 was 28.49%, down 7.16 percentage points from 35.65% in 2015[28]. - The company reported a quarterly revenue of CNY 1,690,858,442.40 in Q4 2016, contributing significantly to the annual total[29]. - The net profit attributable to shareholders in Q4 2016 was CNY 134,094,793.89, indicating strong performance in the last quarter[29]. Dividend and Profit Distribution - The board proposed a cash dividend of RMB 1.60 per 10 shares, totaling RMB 64,001,600.00 to be distributed to shareholders[10]. - The cash dividend distribution ratio for 2016 was 17.66% of the net profit attributable to ordinary shareholders[91]. - The company has not proposed a cash profit distribution plan despite having positive profits available for distribution to ordinary shareholders[92]. - The company has detailed the reasons for not proposing a cash profit distribution plan and the intended use of undistributed profits[92]. Market and Industry Trends - In 2016, the automotive logistics industry experienced significant policy changes, with China's automotive production and sales reaching 28.12 million and 28.03 million units, respectively, marking a year-on-year growth of 14.5% and 13.7%[5]. - The automotive logistics sector is expected to transition from primarily road transport to a multi-modal transport model, increasing demand for warehousing and resource integration capabilities[6]. - The automotive industry is projected to grow at a rate of approximately 5% in 2017, influenced by macroeconomic factors and a shift in commercial vehicle demand[74]. - The company aims to explore new business areas such as used car logistics and parts logistics to create new growth opportunities[7]. Strategic Initiatives - The company plans to expand its national warehousing and transfer base, invest in multi-modal transport, and enhance its own transportation capacity to reduce logistics costs[7]. - The company plans to continue expanding its market presence and investing in new technologies to enhance operational efficiency[1]. - The company aims to enhance its multimodal transport strategy, aiming to increase the proportion of multimodal transport in the automotive logistics sector significantly[78]. - The company will invest in compliant vehicle transport to improve service quality and reduce transportation costs, while also expanding its rail and water transport capabilities[78]. - The company is committed to integrating advanced technologies such as IoT, big data, and AI into its logistics operations to enhance efficiency and service quality[76]. Risks and Challenges - Risks identified include market risks due to economic fluctuations, policy risks from industry regulations, and challenges in expanding new business operations[12]. - The company faced challenges from regulatory changes affecting logistics capacity but successfully adapted to meet customer demands[42]. - The company faces risks from downstream market fluctuations and new business development challenges in 2017[85]. Shareholder and Governance Commitments - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing[92]. - The company will ensure compliance with all legal and regulatory requirements regarding shareholding commitments[92]. - The company has established a clear framework for share management and transfer to ensure compliance and protect shareholder interests[94]. - The company has reported a commitment to refund investors if the prospectus contains false statements or omissions, including interest on the subscription amount[99]. Related Party Transactions - The total amount of related party transactions for 2016 was approximately ¥199.42 million, with significant transactions including ¥184.98 million for vehicle transportation services[110]. - The company engaged in vehicle purchases from related parties totaling ¥663,329, which accounted for 100% of the transaction amount[109]. - The company has a clear policy for determining transaction prices based on government guidance or market prices[97]. Employee and Management Information - The total remuneration for directors, supervisors, and senior management in the current year amounted to 8.9759 million yuan (pre-tax)[156]. - The company employed a total of 1,310 staff, with 417 in the parent company and 893 in major subsidiaries[160]. - The company has established a comprehensive salary and performance management system to ensure competitive remuneration[161]. - The total hours of outsourced labor amounted to 29,944 hours, with total compensation paid for outsourced labor reaching ¥505,945.77[163]. Audit and Compliance - The company received a standard unqualified audit opinion for its financial statements for the year ended December 31, 2016[173]. - The internal control evaluation report for the year 2016 was approved by the board and published on April 18, 2017[170]. - The company has no record of penalties from securities regulatory agencies in the past three years[159].

| 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 14 | 2016 年第三季度报告 一、 重要提示 2016 年第三季度报告 公司代码：603569 公司简称：长久物流 北京长久物流股份有限公司 2016 年第三季度报告 1 / 25 | 目录 | | --- | 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 | | --- | --- | --- | --- | | 王昕 | 董事 | 因出差未能出席会议 | 洪洋 | 1.3 公司负责人薄世久、主管会计工作负责人王剑锋及会计机构负责人（会计主管人员）王剑锋 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、 公司主要财务数据和股东变化 2.1 主要财务数据 单位：元 ...