Financial Performance - The company's operating revenue for 2020 was CNY 117,857,480.17, representing a 55.03% increase compared to CNY 76,022,687.75 in 2019[22] - The net profit attributable to shareholders for 2020 was CNY 3,785,834.68, a significant turnaround from a loss of CNY 7,186,905.64 in 2019, marking a 155.44% improvement[22] - The net profit after deducting non-recurring gains and losses was CNY 3,071,751.90, compared to a loss of CNY 7,370,499.83 in the previous year, reflecting a 143.29% increase[22] - The net cash flow from operating activities was CNY 3,942,228.96, a recovery from a negative cash flow of CNY -13,791,941.34 in 2019, indicating a 128.58% improvement[25] - The total assets at the end of 2020 were CNY 91,742,769.99, up 46.24% from CNY 62,733,602.58 at the end of 2019[25] - The net assets attributable to shareholders increased to CNY 10,905,230.98, a 53.18% rise from CNY 7,119,396.30 in 2019[25] - The basic earnings per share for 2020 were CNY 0.0069, compared to a loss of CNY -0.0130 in 2019, representing a 155.38% increase[25] - The weighted average return on net assets was 42.01%, a significant recovery from -53.69% in the previous year, showing a 95.70% improvement[25] Revenue Breakdown - Total revenue for the year was 117,857,480.17 CNY, with a significant increase in the second quarter to 35,221,905.48 CNY and third quarter to 40,216,980.94 CNY[28] - The jewelry and gold business accounted for approximately 74% of total operating revenue, generating 87.06 million yuan[53] - Revenue from gold jewelry surged to ¥87,064,073.74, a staggering increase of 1,784.90% compared to ¥4,619,038.46 in 2019[62] Market Insights - The jewelry market in China has shown a growth rate of 8% in 2019, with significant potential in lower-tier cities where growth rates reached 45.3%[37] - The domestic gold and jewelry industry is in a mature phase, with a market size of 1,097 billion USD and a 5-year CAGR of 4.7%[39] - The jewelry industry is experiencing a shift towards design and brand value, driven by millennials who prioritize aesthetics and personal expression over traditional gold content[41] - The per capita jewelry consumption in mainland China was $73.4 in 2019, significantly lower than Hong Kong ($785.9), the US ($222.6), and Canada ($163.6), indicating substantial growth potential[40] Strategic Initiatives - The company plans to apply for the removal of the delisting risk warning after meeting the necessary conditions[6] - The company aims to expand its market reach by targeting third and fourth-tier cities, which are seen as key growth areas for future performance[39] - The company has established a subsidiary to enter the jewelry supply chain business, enhancing its market presence[36] - The company has integrated upstream suppliers and downstream customers to enhance operational efficiency and reduce costs in the jewelry supply chain[35] Investment and Financing - The company plans to raise up to RMB 45 million through a non-public offering to strengthen its operational capacity and development momentum[46] - The company plans to raise up to 29.36 million yuan through a private placement of A-shares to supplement working capital, which will result in a change of control[53] - The company has decided to increase its investment in Shenzhen Xinsen Jewelry Supply Chain Co., Ltd. from RMB 20 million to RMB 200 million, with the company contributing an additional RMB 11.7 million[156] Operational Efficiency - The company has implemented various cost control measures to maintain cash flow and ensure operational stability during the pandemic[53] - The company has established stable partnerships with major diamond suppliers, enhancing its procurement cost efficiency and product quality control[41] - The company has implemented strict internal control processes, including supplier admission standards and order tracking systems, to ensure effective risk management[42] Challenges and Risks - The company has faced significant risks due to complex international political and economic conditions, structural adjustments in the domestic economy, and ongoing economic downward pressure[102] - The impact of the COVID-19 pandemic has caused operational disruptions, leading the company to focus on cost control and business stability while exploring e-commerce business models[103] Corporate Governance - The company has no unfulfilled commitments from actual controllers, shareholders, related parties, or acquirers during the reporting period[116] - There are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[119] - The company has no major litigation or arbitration matters during the reporting period[128] - The company has no major guarantees or leasing situations during the reporting period[144] Shareholder Structure - The largest shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., holds 11.52% of the shares, totaling 63,508,747 shares[170] - The company has no actual controlling shareholder as of February 20, 2017, following the abandonment of control by Ji Hanfeng and Guosheng Energy[187] - The company confirmed that there are no shareholders holding more than 10% of the shares during the reporting period[190]

| --- | --- | |------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------| | | | | 股票代码： 000017 、 200017 股票简称： *ST 中华 A 、 *ST 中华 B 深圳中华自行车（集团）股份有限公司 | 公告编号： 2020-050 | | 关于参加 2020 上市公司投资者网上集体接待日活动的公告 | 深圳辖区"诚实守信，做受尊重的上市公司" | | 误导性陈述或者重大遗漏。 | 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 | 为进一步加强与投资者的互动交流工作，深圳中华自行车（集团）股份有限公司（以 下简称"公司"）将参加由深圳上市公司协会、深圳市全景网络有限公司共同举办的"诚 实守信，做受尊重的上市公司"——2020 深圳辖区上市公司投资者网上集体接 ...

深圳中华自行车(集团)股份有限公司 2020 年第三季度报告全文 深圳中华自行车（集团）股份有限公司 2020 年第三季度报告 2020 年 10 月 1 深圳中华自行车(集团)股份有限公司 2020 年第三季度报告全文 投资风险。 第一节 重要提示 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。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李海、主管会计工作负责人孙龙龙及会计机构负责人(会计主管 人员)钟小津声明：保证季度报告中财务报表的真实、准确、完整。 | --- | |----------------------------------------------------------------------------| | | | 公司 2018 年度、 2019 年度连续两个会计年度经审计的净利润为负值，公司 | | 股票已被实施退市风险警示。如果公司 2020 年度经审计的归属上市公司股东净 | | 利润继续为负值，根据《深圳证券交易所股票上市规则》的有关规定，公司股 | | 票将 ...

Financial Performance - The company's operating revenue for the reporting period was ¥42,656,355.21, representing an increase of 11.45% compared to ¥38,274,433.02 in the same period last year[16]. - The net profit attributable to shareholders was ¥2,797,643.50, a significant turnaround from a loss of ¥798,946.17 in the previous year, marking a change of -450.17%[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,197,907.57, compared to a loss of ¥910,390.17 last year, reflecting a change of -341.42%[16]. - The net cash flow from operating activities was ¥1,350,395.94, a substantial improvement from a negative cash flow of ¥8,901,256.74 in the same period last year, indicating a change of -115.17%[16]. - The basic earnings per share were ¥0.0051, compared to a loss of ¥0.0014 per share in the previous year, showing a change of -464.29%[16]. - The total comprehensive income for the first half of 2020 was CNY 3,420,613.90, compared to a total comprehensive loss of CNY 1,090,458.35 in the same period of 2019[166]. Assets and Liabilities - The total assets at the end of the reporting period were ¥74,493,806.65, an increase of 18.75% from ¥62,733,602.58 at the end of the previous year[16]. - The net assets attributable to shareholders increased to ¥9,917,039.80, up 39.30% from ¥7,119,396.30 at the end of the previous year[16]. - The total current assets as of June 30, 2020, amounted to CNY 68,773,461.68, an increase from CNY 56,346,517.09 at the end of 2019, reflecting a growth of approximately 22.3%[147]. - Total liabilities increased to CNY 54,469,468.28 as of June 30, 2020, compared to CNY 46,914,245.53 at the end of 2019, marking an increase of about 16.4%[159]. - The total equity attributable to shareholders of the parent company was CNY 3,986,041.46, up from CNY 2,397,263.79 at the end of 2019, representing an increase of approximately 66.3%[159]. Investment and Capital Structure - The company plans to raise up to 450 million RMB through a private placement of A-shares to enhance its operational strength and development potential[36]. - The company made a significant investment of ¥8,775,000.00 during the reporting period, marking a 100% increase compared to the previous year[59]. - The registered capital of Shenzhen Xinsen Jewelry Gold Supply Chain Co., Ltd. was increased from RMB 20 million to RMB 200 million, with the company contributing RMB 117 million and its partner contributing RMB 63 million, totaling RMB 180 million in new capital[106][109]. - The company plans to increase its investment in Shenzhen Xinsen Jewelry Gold Supply Chain Co., Ltd. to 20 million CNY in 2020, with a further increase to 200 million CNY in August 2020[70]. Market and Business Strategy - The company's main business includes bicycle and lithium battery materials, as well as gold jewelry supply chain management, with over 30% of revenue from jewelry-related business in the last audited fiscal year[25]. - The jewelry market in China is experiencing rapid growth, with significant potential in lower-tier cities, where the market growth rate reached 45.3% from 2010 to 2015, surpassing first-tier cities[27]. - The company is actively expanding its customer base, targeting three categories of clients: A-class (over 500 retail stores), B-class (300-500 retail stores), and C-class (50-100 retail stores)[30]. - Supply chain management is becoming a crucial operational strategy for jewelry companies, focusing on outsourcing low-margin production to optimize cash flow and profitability[30]. - The company is actively expanding its jewelry gold supply chain business, with a total investment of 20 million RMB in Shenzhen Xinsen Jewelry Gold Supply Chain Co., Ltd., where the company holds a 65% stake[35]. Operational Challenges and Responses - The company faced significant operational challenges due to the COVID-19 pandemic, impacting supply and sales chains[71]. - The company has implemented various cost-control measures to maintain cash flow and stabilize operations during the pandemic[71]. - The company is adapting to challenges posed by the COVID-19 pandemic by implementing various measures to maintain cash flow and stabilize operations[39]. Research and Development - Research and development expenses increased to CNY 753,742.20, reflecting a focus on electric bicycle and lithium battery material business development[43]. - Research and development expenses for the first half of 2020 were CNY 753,742.20, a new expense category introduced compared to CNY 0.00 in the same period of 2019[161]. Corporate Governance - The company has implemented strict internal control processes, including supplier admission standards and customer evaluation systems, to ensure a closed-loop control of funds, information, and logistics[31]. - The company has not encountered any major litigation or arbitration issues during the reporting period[81]. - The company has not implemented any employee incentive plans during the reporting period[85]. - The company reported no related party transactions during the reporting period[86].

Financial Performance - The company's operating revenue for the first half of 2020 was ¥42,656,355.21, representing an increase of 11.45% compared to ¥38,274,433.02 in the same period last year[16]. - The net profit attributable to shareholders was ¥2,797,643.50, a significant turnaround from a loss of ¥798,946.17 in the previous year, marking a 450.17% increase[16]. - The net profit after deducting non-recurring gains and losses was ¥2,197,907.57, compared to a loss of ¥910,390.17 in the same period last year, reflecting a 341.42% improvement[16]. - The net cash flow from operating activities was ¥1,350,395.94, a recovery from a negative cash flow of ¥8,901,256.74 in the previous year, indicating a 115.17% change[16]. - The basic earnings per share increased to ¥0.0051 from a loss of ¥0.0014, representing a 464.29% improvement[16]. - The total assets at the end of the reporting period were ¥74,493,806.65, an increase of 18.75% from ¥62,733,602.58 at the end of the previous year[16]. - The net assets attributable to shareholders rose to ¥9,917,039.80, up 39.30% from ¥7,119,396.30 at the end of the previous year[16]. - The weighted average return on net assets was 32.84%, a significant increase from -5.74% in the previous year[16]. - The company achieved a revenue of RMB 42.66 million in the first half of 2020, representing an increase of 11.45% compared to RMB 38.27 million in the same period last year[47]. - The net profit for the period was RMB 3.42 million, a significant improvement from a net loss of RMB 1.09 million in the previous year, marking a change of -413.69%[43]. - The total comprehensive income attributable to the parent company's owners for the first half of 2020 was ¥2,797,643.50, compared to a loss of ¥798,946.17 in the same period of 2019[166]. Business Operations - The company's main business includes bicycle and lithium battery materials, as well as gold jewelry supply chain management, with gold jewelry accounting for over 30% of audited revenue in the last fiscal year[25]. - The company has established a professional procurement team for diamonds and gold, sourcing primarily from India, Hong Kong, and domestic wholesalers, leveraging its membership in the Shanghai Gold Exchange[25]. - The company offers various supply chain management services to B-end clients, including spot procurement, order production, and custom development, aimed at reducing inventory and enhancing supply chain efficiency[26]. - The jewelry market in China is experiencing rapid growth, with a significant increase in consumption in lower-tier cities, where the market growth rate reached 45.3% from 2010 to 2015, surpassing first-tier cities[27]. - The company is actively expanding its customer base, engaging with well-known brands and smaller regional players, with A-class clients having over 500 retail stores, B-class clients between 300-500 stores, and C-class clients between 50-100 stores[30]. - The company has a stable relationship with major diamond suppliers, which helps in controlling procurement costs and production cycles, thereby enhancing supply chain efficiency[30]. - The rise of online platforms is changing consumer behavior, with jewelry brands leveraging social media to drive demand and enhance customer engagement[29]. - The focus on brand and design capabilities is becoming a new growth driver in the jewelry industry, as younger consumers prioritize aesthetics and personal expression over traditional purchasing motivations[29]. - Supply chain management is increasingly recognized as a critical operational strategy for jewelry companies, allowing them to optimize production and improve profitability[30]. - The company has invested in a subsidiary to enter the gold jewelry supply chain business, indicating a strategic move to capitalize on market opportunities[26]. Cash Flow and Liquidity - The company's cash and cash equivalents increased by 101% compared to the beginning of the period, primarily due to an increase in advance payments[34]. - Prepayments increased by 166% compared to the beginning of the period, mainly due to an increase in material payments[34]. - Inventory decreased by 32% compared to the beginning of the period, primarily due to a reduction in jewelry gold and bicycle inventory at subsidiaries[34]. - The company plans to raise up to 450 million RMB through a private placement to enhance liquidity and operational strength[36]. - The company is actively pursuing the expansion of its e-commerce business model to adapt to market changes and improve sales channels[40]. - The company aims to enhance its operational strength and development potential through a non-public stock issuance[70]. - The company received 19,278,497.89 in cash from other operating activities, a significant increase from 4,242,368.68[181]. Strategic Initiatives - The implementation of the new national standard for electric bicycles is expected to enhance safety performance and create new development opportunities for lithium battery electric bicycles[31]. - The company is actively expanding its jewelry gold supply chain business, increasing registered capital from 20 million RMB to 200 million RMB to strengthen its competitive position[35]. - The company has established strict internal control processes, including supplier admission standards and customer evaluation systems, to enhance risk management[31]. - The electric bicycle industry is facing structural development opportunities driven by the growing awareness of green travel and leisure exercise among consumers[35]. - The company continues to explore market expansion and product development to enhance its operational capabilities and resilience[35]. Financial Management - The company's financial strategy includes a focus on cost control and quality management to enhance competitiveness in a challenging manufacturing environment[40]. - The company has implemented various measures to maintain cash flow and stabilize operations during the COVID-19 pandemic[71]. - The company has not reported any significant changes in accounting data that would require restatement of previous years' financial data[17]. - The company has not encountered any major litigation or arbitration matters during the reporting period[81]. - The company reported no related party transactions during the reporting period[86]. - The company has no non-operating fund occupation by controlling shareholders and their related parties during the reporting period[91]. - The company did not engage in any entrusted financial management during the reporting period[96]. - The company has not distributed cash dividends or bonus shares for the reporting period[75]. - The company reported no major contracts or leasing arrangements during the reporting period[92][93][94]. - There were no significant guarantees or other major contracts during the reporting period[95][99]. - The company did not report any major environmental protection issues or social responsibility initiatives during the reporting period[100][102]. - The company has no plans for poverty alleviation initiatives during the reporting period[102].

Financial Performance - The company's operating revenue for Q1 2020 was ¥7,434,449.73, a decrease of 66.14% compared to ¥21,954,108.28 in the same period last year[8] - The net profit attributable to shareholders was a loss of ¥591,902.33, worsening by 61.38% from a loss of ¥366,774.37 in the previous year[8] - The basic earnings per share were -¥0.0011, a decline of 57.14% compared to -¥0.0007 in the same period last year[8] - The weighted average return on equity was -8.67%, a decrease of 6.07% from -2.60% in the previous year[8] - The company reported a net loss of CNY -1,205,327,977.89, slightly worsening from CNY -1,204,736,075.56 in the previous period[49] - Net profit for the current period was -733,036.17, compared to -484,332.04 in the previous period, indicating a worsening financial performance[65] - The net profit attributable to the parent company was -591,902.33, while the loss attributable to minority shareholders was -141,133.84[65] - The total comprehensive income for the current period was -733,036.17, compared to -484,332.04 in the previous period[67] Cash Flow - The net cash flow from operating activities was ¥459,865.86, a significant improvement from a negative cash flow of ¥6,105,394.21 in the same period last year, representing a change of -107.53%[8] - Net cash flow from operating activities improved to ¥459,865.86 from a negative ¥6,105,394.21, mainly due to pre-received customer payments[21] - The cash inflow from operating activities amounted to CNY 19,108,821.58, a significant increase from CNY 6,637,122.31 in the previous period, representing a growth of approximately 187.5%[74] - The net cash outflow from operating activities was CNY 459,865.86, recovering from a loss of CNY 6,105,394.21 in the previous period[77] - The total cash inflow from financing activities was CNY 3,250,000.00, while the net cash flow from financing activities improved from a negative CNY 2,000,000.00 to a positive CNY 3,250,000.00[79] - The net increase in cash and cash equivalents was CNY 3,709,865.86, compared to a decrease of CNY 8,105,394.21 in the previous period[79] - The ending balance of cash and cash equivalents reached CNY 9,784,233.77, up from CNY 8,383,492.05 in the previous period[79] Assets and Liabilities - Total assets increased by 12.07% to ¥70,304,399.36 from ¥62,733,602.58 at the end of the previous year[8] - The net assets attributable to shareholders decreased by 8.31% to ¥6,527,493.97 from ¥7,119,396.30 at the end of the previous year[8] - Current liabilities rose to CNY 56,345,852.44, compared to CNY 51,292,019.49, indicating an increase of about 9.9%[47] - The total liabilities amounted to CNY 56,345,852.44, reflecting an increase of approximately 9.9% from the previous period[47] - Non-current assets totaled CNY 6,098,512.25, down from CNY 6,387,085.49, indicating a decrease of about 4.5%[49] Shareholder Information - The company reported a total of 49,779 shareholders at the end of the reporting period[12] - The top shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., held 11.52% of the shares, totaling 63,508,747 shares[12] Government Support - The company received government subsidies amounting to ¥100,000.00 related to epidemic prevention[8] Operational Efficiency - Operating costs fell by 64.78% to ¥7,138,011.11 from ¥20,264,348.28, corresponding with the decrease in operating revenue[21] - Operating profit for the current period was -895,929.37, compared to -542,728.04 in the previous period, indicating a decline in operational efficiency[65] - Research and development expenses amounted to 370,866.09, with no previous period data available for comparison[68] - Other income for the current period was 6,088.07, with no previous period data available for comparison[68] Capital and Investments - The company plans to raise up to ¥45 million through a non-public offering of A-shares to supplement working capital, pending shareholder and regulatory approvals[22] - The company completed a capital increase in its subsidiary, Shenzhen Xinsen Jewelry Supply Chain Co., Ltd., raising its registered capital to ¥20 million while maintaining the same shareholding structure[23] - Long-term equity investments rose to CNY 7,485,379.73 from CNY 4,235,379.73, representing an increase of about 76.0%[54] Revenue and Expenses - Total operating revenue for the current period was 2,946,875.03, a decrease of 73.3% compared to 11,039,480.41 in the previous period[68] - Operating costs for the current period were 2,554,922.61, down from 10,432,579.67, reflecting a significant reduction in expenses[68] - The cash inflow from sales of goods and services was CNY 5,190,850.17, compared to CNY 4,648,357.26 in the previous period[74] - The cash outflow for purchasing goods and services was CNY 6,267,803.24, an increase from CNY 3,324,815.98 in the previous period[77] - The cash inflow from other operating activities was CNY 5,623,782.06, significantly higher than CNY 1,988,765.05 in the previous period[74] - The cash outflow for employee payments was CNY 1,456,506.88, slightly up from CNY 1,454,436.46 in the previous period[77] - The cash inflow from tax refunds was CNY 6,453.35, with no previous period data available for comparison[74]

Financial Performance - The company's operating revenue for 2019 was ¥76,022,687.75, a decrease of 36.60% compared to ¥119,906,950.34 in 2018[23]. - The net profit attributable to shareholders for 2019 was -¥7,186,905.64, representing a 351.45% increase in losses compared to -¥1,591,968.91 in 2018[23]. - The net cash flow from operating activities was -¥13,791,941.34, worsening by 45.49% from -¥9,479,474.16 in 2018[25]. - The basic earnings per share for 2019 was -¥0.0130, a decline of 348.28% from -¥0.0029 in 2018[25]. - Total assets at the end of 2019 were ¥62,733,602.58, down 14.35% from ¥73,242,960.17 at the end of 2018[25]. - The net assets attributable to shareholders decreased by 50.24% to ¥7,119,396.30 from ¥14,306,301.94 in 2018[25]. - The company reported a significant increase in losses in 2019, indicating ongoing financial challenges[23]. - The company achieved a revenue of 76,022,687.75 CNY in 2019, a decrease of 36.60% compared to the previous year[43]. - The net profit for the year was -7,813,881.65 CNY, representing a 315.52% increase in losses year-over-year[43]. - Cash and cash equivalents decreased by 67.15% to 6,074,367.91 CNY, primarily due to tax payments and investments in new business[43]. - The net increase in cash and cash equivalents was -¥10,414,518.35 in 2019, a 287.39% decline from -¥2,688,389.92 in 2018[68]. Business Operations and Strategy - The company has expanded its business into the jewelry and gold supply chain sector, establishing a joint venture with Shenzhen Diamond Gold Jewelry Co., Ltd. with an investment of CNY 6.5 million, where the company holds a 65% stake[36]. - The company aims to improve its market expansion, product development, and e-commerce sales to enhance its competitive edge in the bicycle industry[36]. - The company plans to raise up to CNY 45 million through a non-public offering of A-shares to enhance its operational strength and development potential[38]. - The company is focusing on e-commerce transformation and optimizing product structure in response to market challenges[41]. - The company plans to enhance the development of mid-to-high-end bicycles and smart accessories, focusing on quality control and supplier management[89]. - The company aims to expand its e-commerce retail business, improving sales capabilities on major platforms and enhancing brand visibility[89]. - The jewelry supply chain business will focus on expanding procurement and sales channels, particularly in the Pearl River Delta region[89]. Research and Development - Research and development expenses increased to 2,753,277.72 CNY, reflecting a focus on enhancing bicycle and lithium battery material business[43]. - R&D personnel increased to 15 in 2019 from 7 in 2018, a growth of 114.29%[65]. - R&D investment amounted to ¥2,753,277.72 in 2019, up 207.82% from ¥894,440.42 in 2018[65]. - R&D investment accounted for 3.62% of operating revenue in 2019, compared to 0.75% in 2018, a change of 2.87%[65]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[7]. - Over the past three years, the company has not distributed any cash dividends, with a consistent cash dividend payout ratio of 0.00%[100]. - The company has no controlling shareholder or actual controller, with the largest shareholder being Shenzhen Guosheng Energy Investment Development Co., Ltd. since 2011[165][169]. - The company has no significant changes in shareholding or shareholder structure reported[146]. - The total remuneration paid to directors, supervisors, and senior management for the year 2019 amounted to 1.4397 million yuan[200]. - The company has independent directors, including Song Xishun, who received 47,600 yuan in remuneration[200]. Risks and Challenges - The company has faced a continuous decline in net profit for two consecutive years, leading to a delisting risk warning for its stock[6]. - The bicycle industry faces challenges from rising costs and intense competition, but also opportunities from new national standards and e-commerce[87]. - The company has not disclosed any new product developments or market expansion strategies in the report[20]. Financial Management - The company has made changes to its accounting policies, including the separation of accounts receivable and notes receivable, impacting the reported amounts in the financial statements[107]. - The company reported a credit impairment loss of ¥-2,533,065.87 for the fiscal year 2019[111]. - The company incurred audit fees of ¥450,000 for the domestic accounting firm Tianzhi International Accounting Firm[117]. - The company has no major litigation or arbitration matters during the reporting period[121].

Financial Performance - Operating revenue for the period was CNY 24,574,484.81, down 26.68% year-on-year, and down 37.93% for the year-to-date[8] - Net profit attributable to shareholders increased by 96.06% to CNY 1,040,149.76 for the period, but decreased by 77.76% year-to-date[8] - Basic earnings per share rose by 90.00% to CNY 0.0019 for the period, but decreased by 80.00% year-to-date[8] - The weighted average return on net assets was 7.42%, up from 4.25% in the previous year[8] - The net profit excluding non-recurring gains and losses for the period was CNY 1,040,149.76, an increase of 196.39% year-on-year[8] - The company reported a net loss of -1,197,307,966.33, slightly improved from -1,197,549,169.92[49] - Total operating revenue for the current period is ¥24,574,484.81, a decrease of 26.7% from ¥33,515,376.48 in the previous period[59] - Net profit for the current period is ¥1,049,832.41, an increase of 41.0% compared to ¥744,334.90 in the previous period[63] - The company achieved a profit margin of approximately 4.3% for the current period, compared to 2.2% in the previous period[63] - The company reported a comprehensive income total of -¥40,625.94 for the current period, compared to ¥1,236,251.31 in the previous period[82] Cash Flow and Liquidity - The company reported a net cash flow from operating activities of CNY -7,317,672.68, reflecting a significant decline[8] - Cash and cash equivalents decreased from 8,889,572.73 to 3,914,027.09, a decline of approximately 56%[50] - Cash flow from operating activities for the current period is 28,864,036.40, down from 31,266,125.79 in the previous period, a decrease of about 7.7%[92] - Cash flow from investing activities shows a net outflow of 7,317,672.68, compared to a small inflow of 122,208.96 in the previous period[92] - Cash flow from financing activities results in a net inflow of 33,436.90, compared to a net outflow in the previous period[98] - The cash and cash equivalents at the end of the period stand at 8,670,156.44, down from 19,282,191.32 at the end of the previous period, a decrease of approximately 55%[98] - The company received 21,832,549.34 in cash from sales of goods and services, compared to 27,803,003.29 in the previous period, a decrease of about 21.5%[92] - The net cash flow from operating activities was -$4,441,051.60, compared to -$6,491,552.11 in the previous period, indicating an improvement[103] - Total cash inflow from operating activities amounted to $21,416,767.00, while cash outflow was $25,857,818.60, resulting in a net cash flow deficit[103] Assets and Liabilities - Total assets decreased by 6.37% to CNY 68,575,233.68 compared to the end of the previous year[8] - Total current assets decreased from 66,793,531.67 to 61,899,587.98, a decline of approximately 8.8%[43] - Total non-current assets increased from 6,449,428.50 to 6,675,645.70, an increase of about 3.5%[43] - Total current liabilities decreased from 56,262,495.43 to 51,635,394.88, a decline of about 8.3%[47] - Total liabilities remained the same at 51,635,394.88, indicating no change in non-current liabilities[47] - Total equity attributable to shareholders increased from 14,306,301.94 to 14,547,505.53, an increase of approximately 1.7%[49] - Total liabilities and equity decreased from 73,242,960.17 to 68,575,233.68, a decline of about 6.5%[49] Expenses - Operating costs fell by 36.84% to ¥57,446,763.42, reflecting a decline in business activity[22] - Sales expenses decreased by 45.43% to ¥2,377,317.42, attributed to the drop in revenue[22] - Management expenses were down by 32.09% to ¥3,263,168.76, also due to reduced business income[22] - Tax expenses for the current period are ¥16,205.37, a decrease of 72.3% from ¥58,517.27 in the previous period[59] - The company reported a significant reduction in financial expenses, with a net income of -¥18,419.39 compared to -¥41,025.16 in the previous period[59] - Sales expenses decreased to ¥501,593.81, down 68.7% from ¥1,600,868.52 in the previous period[59] - Management expenses decreased to ¥903,784.92, down 39.5% from ¥1,495,548.79 in the previous period[59] Shareholder Information - The total number of shareholders at the end of the reporting period was 53,992[12] - The largest shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., held 11.52% of the shares[12] - There were no significant changes in the shareholding structure or related party transactions reported during the period[15] Business Developments - The company plans to raise up to ¥750 million through a non-public stock issuance for marketing network upgrades and R&D center construction[24] - The company established a new subsidiary, holding 65% of Shenzhen Xinsen Jewelry Gold Supply Chain Co., Ltd., to expand its business operations[25] Inventory and Receivables - Accounts receivable increased by 41.15% to ¥40,943,384.51, indicating extended customer payment terms[22] - Inventory rose by 44.81% to ¥3,456,156.95, in preparation for the sales peak season[22] - Prepayments decreased by 87.73% to ¥1,693,512.99, as prior year lithium battery material payments were fulfilled[22] - Inventory increased from 1,373,831.01 to 2,995,407.48, an increase of about 118%[52] Other Financial Information - The company experienced a credit impairment loss of -¥17,479.82, compared to a gain of ¥134,266.80 in the previous period[80] - The company reported a tax expense of ¥86.88, compared to ¥371,731.68 in the previous period[80] - The company has not undergone an audit for the third quarter report[107] - The company received tax refunds totaling $395,675.25 during the reporting period[103] - The company paid $5,392,327.74 in taxes during the reporting period, which is a notable increase from $1,071,443.86 in the previous period[103] - The company has not applied new financial instrument standards or new leasing standards for the current reporting period[107]

2018 年 10 月 1 深圳中华自行车(集团)股份有限公司 2018 年第三季度报告全文 深圳中华自行车(集团)股份有限公司 2018 年第三季度报告 深圳中华自行车(集团)股份有限公司 2018 年第三季度报告全文 第一节 重要提示 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、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人李海、主管会计工作负责人孙龙龙及会计机构负责人(会计主管 人员)钟小津声明：保证季度报告中财务报表的真实、准确、完整。 2 深圳中华自行车(集团)股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 单位：元 | 项目 | 年初至报告期期末金额 | 说明 | | --- | --- | --- | | 单独进行减值测试的应收款项减值准备转回 | 141,486.00 | | | 除上述各项之外的其他营业外收入和支出 | 176,288.48 | | | 减：所得税影响额 ...

Financial Performance - Operating revenue for the reporting period was CNY 33,515,376.48, down 28.06% year-on-year[8] - Net profit attributable to shareholders was CNY 530,513.93, an increase of 61.81% compared to the same period last year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 350,936.29, up 41.76% year-on-year[8] - Basic earnings per share were CNY 0.0010, an increase of 66.67% compared to the same period last year[8] - The weighted average return on net assets was 3.17%, an increase of 0.62% compared to the previous year[8] - Cash flow from operating activities was CNY 122,208.96, down 101.93% year-to-date[8] - The company does not anticipate significant changes in net profit compared to the same period last year[21] Assets and Shareholder Information - Total assets at the end of the reporting period were CNY 70,158,059.66, a decrease of 4.62% compared to the end of the previous year[8] - The number of ordinary shareholders at the end of the reporting period was 54,872[12] - The largest shareholder, Shenzhen Guosheng Energy Investment Development Co., Ltd., held 11.52% of the shares[12] Inventory and Capital Raising - Inventory increased by 110.23% to CNY 5,838,360.82 due to increased stocking for the sales peak[16] - The company plans to issue up to 110,269,586 shares in a non-public offering, raising a total of no more than 750 million RMB[17] - The funds raised will be allocated to the online and offline marketing network platform upgrade project (680 million RMB) and the R&D center construction project (70 million RMB)[17] - Specific investors include Ruian Information (up to 250 million RMB), Zhisheng High-tech (up to 200 million RMB), and Wan Sheng Industrial and Bei Er High-tech (up to 150 million RMB each)[17] - The company held its first extraordinary general meeting of 2018 on February 13, 2018, approving the third revised proposal for the non-public offering[17] Commitments and Investments - There are no overdue commitments from actual controllers, shareholders, related parties, or acquirers during the reporting period[20] - There were no securities investments or entrusted financial management during the reporting period[22][23] Communication and Restructuring - The company engaged in telephone communications regarding restructuring and the progress of the non-public share issuance from January to September 2018[24]