证券代码： 000056、200056 证券简称：皇庭国际、皇庭 B 编号：2018-03 深圳市皇庭国际企业股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |---------------------|----------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码： 000056、200056 证券简称：皇庭国际、皇庭 B 深圳市皇庭国际企业股份有限公司投资者关系活动记录表 编号：2018-04 | --- | --- | --- | --- | |---------------------------------------|----------------------------------------------------------------------------|----------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码： 000056、200056 证券简称：皇庭国际、皇庭 B 编号：2018-05 深圳市皇庭国际企业股份有限公司投资者关系活动记录表 | --- | --- | --- | |--------------------------|----------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：000056、200056 证券简称：皇庭国际、皇庭 B 公告编号：2020-48 深圳市皇庭国际企业股份有限公司 关于参加 2020 深圳辖区上市公司投资者 网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市皇庭国际企业股份有限公司 （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，参与公司本次投资者集 体接待日活动。活动时间为 2020 年 12 月 8 日（周二）9:00 至 17:00，其中公司 与投资者互动的时间为 15:30 至 17:00。 届时公司董事会秘书曹剑先生、财务总监李亚莉女士将通 ...

证券代码：000056、200056 证券简称：皇庭国际、皇庭 B 公告编号：2019-57 深圳市皇庭国际企业股份有限公司 关于参加 2019 年深圳上市公司投资者网上集体接待日 活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 为进一步加强与投资者的互动交流工作，深圳市皇庭国际企业股份有限公司（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 "改革创新发展 沟通互信共赢"——深圳辖区上市公司 2019 年度投资者网上集体接 待日主题活动，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，参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 3 日 14:00 至 18:00。 届时公司董事会秘书曹剑先生及证券事务代表马晨笛女士将通过网络文字交流 形式与投资者进行沟通。 欢迎广大投资者积极参与。 特此公告。 深圳市皇庭国际企业股份有限公司 ...

Financial Performance - Net profit attributable to shareholders was CNY 50,650,483.01, down 20.75% year-on-year[9] - Operating revenue for the reporting period was CNY 228,003,867.76, a decrease of 16.07% compared to the same period last year[9] - Basic earnings per share were CNY 0.04, reflecting a decline of 20.00% year-on-year[9] - Total operating revenue for Q3 2018 was CNY 228,003,867.76, a decrease of 16.1% compared to CNY 271,663,118.65 in the same period last year[42] - Net profit for Q3 2018 was CNY 61,306,087.55, a decline of 20.6% from CNY 77,222,105.12 in the previous year[43] - The net profit for Q3 2018 was CNY 36,837,907.91, a decrease from CNY 188,566,787.54 in the same period last year, representing a decline of approximately 80.5%[55] - Basic and diluted earnings per share for Q3 2018 were both CNY 0.03, down from CNY 0.16 in the previous year, indicating a decrease of 81.25%[56] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,758,633,836.40, a decrease of 9.96% compared to the end of the previous year[9] - The company's total assets amounted to CNY 5,392,285,169.40, compared to CNY 5,679,314,334.05 at the end of the previous period[40] - The total liabilities decreased to CNY 7,071,031,530.86 from CNY 8,382,933,527.37, indicating a reduction of about 15.6%[36] - Total liabilities decreased to CNY 1,916,734,422.88 from CNY 2,194,626,946.02, reflecting a reduction of 12.6%[40] - The company's long-term borrowings decreased to CNY 3,829,002,752.00 from CNY 4,736,320,000.00, a decline of approximately 19.2%[36] - The company's short-term borrowings decreased significantly to CNY 370,000,000.00 from CNY 769,777,234.00, a reduction of approximately 51.9%[35] - The company's total current liabilities decreased to CNY 1,767,537,765.43 from CNY 2,068,043,697.56, indicating a decline of approximately 14.5%[36] Cash Flow - The net cash flow from operating activities for the year-to-date was CNY 211,386,526.01[9] - The net cash flow from operating activities was RMB 211,386,526, a significant turnaround from a negative cash flow of RMB 188,763,195 in the previous year[17] - Cash flow from operating activities generated a net cash inflow of CNY 211,386,526.01, compared to a net outflow of CNY 188,763,194.76 in the same period last year[59] - Total cash inflow from operating activities was CNY 1,836,115,608.43, an increase from CNY 1,645,707,254.14 year-on-year[57] - Cash outflow from operating activities totaled CNY 1,624,729,082.42, a decrease from CNY 1,834,470,448.90 in the previous year[59] - The net cash flow from investing activities was CNY 31,218,869.37, recovering from a net outflow of CNY 1,061,814,841.09 in the same period last year[59] - Cash flow from financing activities resulted in a net outflow of CNY 749,790,748.87, compared to a net inflow of CNY 1,353,911,363.02 in the previous year[60] Shareholder Information - The total number of shareholders at the end of the reporting period was 13,779[12] - The largest shareholder, Shenzhen Huangting Investment Management Co., Ltd., held 21.60% of the shares[13] - A total of 617,622,028 shares from a non-public offering were released for trading, accounting for 52.55% of the company's total share capital[21] - The first major shareholder plans to increase its stake in the company by investing no less than RMB 100 million within six months, with a purchase price not exceeding RMB 14 per share[21] Operational Costs - Operating costs increased by 38.08% to RMB 241,091,795, primarily due to rapid business expansion in financial services and corresponding loan interest expenses[17] - Sales expenses surged by 95.40% to RMB 25,397,649, attributed to increased advertising and promotional investments for real estate management projects[17] - Management expenses rose by 33.48% to RMB 81,533,968, driven by the expansion of real estate management and financial services, leading to higher personnel costs[17] - Total operating costs for the quarter were ¥567,674,573.35, an increase of 25.6% from ¥451,956,231.66 in the same period last year[50] Strategic Initiatives - The company plans to continue its strategic expansion in financial services and real estate management, focusing on sustainable growth and profitability[18] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[48] Investment Activities - The company completed the acquisition of 35% equity in Shenzhen Tongxin Microloan Co., Ltd. for RMB 420 million, increasing its total stake to 84.44%[19] - The company reported a total revenue of CNY 913,262,347.47 from sales of goods and services, significantly higher than CNY 425,139,574.74 in the previous year[57] - The company paid CNY 552,645,406.35 for goods and services, compared to CNY 92,350,974.44 in the same period last year, indicating increased operational costs[59] - The company reported investment income increased to CNY 21,651,710.57, up from CNY 12,609,538.43 in the previous year, marking a growth of 71.6%[43] - The company reported investment income of ¥105,622,466.40, up from ¥73,836,723.63 in the previous year, marking a growth of 43%[51] Miscellaneous - The company did not undergo an audit for the third quarter report[64] - The company's cash and cash equivalents decreased to CNY 241,033,951.70 from CNY 741,229,308.71, representing a decline of approximately 67.5%[34] - The ending cash and cash equivalents balance was CNY 122,726,505.71, down from CNY 853,191,182.22 at the end of the same period last year[60] - The ending balance of cash and cash equivalents was 137,188,864.33 CNY, down from 215,515,827.34 CNY at the beginning of the period[63]

Financial Performance - The company's operating revenue for the reporting period was CNY 457,059,455.86, representing a 58.46% increase compared to CNY 288,440,188.63 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was CNY 101,241,791.22, a 3.50% increase from CNY 97,822,615.61 in the previous year[17]. - The net cash flow from operating activities was CNY 82,822,862.34, a significant recovery from a negative cash flow of CNY -182,273,769.63 in the same period last year[17]. - The basic and diluted earnings per share remained stable at CNY 0.09, unchanged from the previous year[17]. - The weighted average return on net assets was 1.89%, slightly up from 1.87% in the previous year[17]. - The company reported a total of CNY 671,648.55 in non-recurring gains and losses for the reporting period[20]. - The company achieved operating revenue of CNY 457 million, a year-on-year increase of 58.46%, primarily due to significant growth in financial services revenue[29]. - Net profit attributable to the parent company was CNY 101 million, reflecting a year-on-year increase of 3.50%[29]. - The financial services platform reported revenue of CNY 146 million, a remarkable year-on-year growth of 100.66%, with net profit increasing by 35.03% to CNY 67.5 million[31]. - The company reported a total comprehensive income for the first half of 2018 of CNY 123,062,206.36, compared to CNY 115,422,161.57 in the same period last year, showing a growth of approximately 6.4%[125]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 13,658,922,220.18, a decrease of 3.60% from CNY 14,169,679,684.21 at the end of the previous year[17]. - The net assets attributable to shareholders of the listed company increased by 1.02% to CNY 5,354,664,537.68 from CNY 5,300,703,808.45 at the end of the previous year[17]. - The company's total liabilities decreased to CNY 7,824,896,721.19 from CNY 8,382,933,527.37, reflecting a reduction in financial obligations[119]. - Current liabilities totaled CNY 2,287,779,225.71, up from CNY 2,068,043,697.56, showing an increase in short-term financial commitments[119]. - Long-term borrowings decreased to CNY 4,047,581,371.00 from CNY 4,736,320,000.00, indicating a reduction in long-term debt[119]. Investments and Acquisitions - The company completed the acquisition of 100% equity in Shenzhen Wongtee Navigation Co., Ltd., which will be included in the consolidated financial statements[17]. - The company acquired 148 residential apartments in Chongqing, totaling a construction area of 9,048.93 square meters, to expand its long-term rental apartment business[30]. - The company’s investment properties increased to CNY 8.67 billion, accounting for 70% of total assets, primarily due to the acquisition of the Chongqing residential apartments[41]. - The company acquired a 35% equity stake in Shenzhen Tongxin Microfinance Co., with an investment of ¥420,000,000.00, completed in July 2018[46]. - The company completed the acquisition of 100% equity in Shenzhen Royal Court Navigation Co., which is expected to enhance its industry layout[54]. Cash Flow - Cash flow from operating activities was CNY 82.8 million, a significant turnaround from a negative cash flow of CNY 182 million in the previous year[34]. - The net cash flow from operating activities was 82,822,862.34 RMB, a significant improvement compared to a net outflow of -182,273,769.63 RMB in the previous period[129]. - Total cash inflow from operating activities amounted to 984,936,944.51 RMB, while cash outflow was 902,114,082.17 RMB, resulting in a net cash flow of 82,822,862.34 RMB[129]. - The net cash flow from investing activities was 223,452,618.69 RMB, recovering from a net outflow of -600,406,575.35 RMB in the previous period[129]. - The total cash and cash equivalents at the end of the period were 491,598,049.55 RMB, down from 629,821,208.34 RMB at the beginning of the period[130]. Shareholder Information - The total number of shares before the change was 1,175,345,368, with a total number of shares after the change also being 1,175,345,368[96]. - The total number of common shareholders at the end of the reporting period was 15,116[100]. - The largest shareholder, Shenzhen Huangting Investment Management Co., Ltd., holds 21.35% of shares, totaling 250,893,132 shares[100]. - The second-largest shareholder, Shenzhen Huangting Industry Holdings Co., Ltd., holds 20.36% of shares, totaling 239,282,152 shares[100]. - The combined shareholding of the top ten shareholders accounts for 49.08% of the total share capital, amounting to 576,836,222 shares[102]. Corporate Governance and Compliance - The company has not experienced any penalties or rectification issues during the reporting period[68]. - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[62]. - The semi-annual financial report has not been audited[65]. - The company has not engaged in any joint external investment related transactions during the reporting period[77]. - The company has not disclosed any major contracts or their performance during the reporting period[81]. Risk Management - The company faces risks related to project expansion delays, financial business operations, and financing under tightening macroeconomic conditions[57]. - The company aims to enhance the quality and composition of financial assets and explore new financing channels to mitigate risks[57]. - The company will strengthen fund management and innovate financing products to reduce financing costs and diversify funding sources[57]. Accounting Policies - The company has implemented specific accounting policies for bad debt provisions, investment property recognition, and revenue recognition[154]. - The company recognizes impairment losses for financial assets if there is objective evidence of impairment, with specific criteria for available-for-sale financial assets and held-to-maturity investments[184]. - The company assesses bad debt provisions for accounts receivable based on a significant amount criterion of 1 million yuan or more[186]. - The aging analysis method is used to determine the bad debt provision rates, with a 5% provision for accounts receivable aged within 1 year and a 100% provision for those over 5 years[188].

Dividend Distribution - The company plans to distribute a cash dividend of 0.40 CNY per 10 shares to all shareholders, based on a total of 1,175,345,368 shares[5]. - The company disclosed that it will not be making any capital increases from reserves in the current dividend distribution plan[5]. - The company's cash dividend for 2017 represents 26.44% of the net profit attributable to the listed company[83]. - The company has established a three-year dividend return plan from 2017 to 2019, which has been approved by the 2016 annual general meeting[79]. - The company reported a retained earnings deficit of 182,305,121.08 yuan at the end of 2016, which was addressed in the 2017 profit distribution[85]. Business Strategy and Focus - The company has shifted its main business focus from traditional retail to commercial real estate operations, aiming for a light asset model in the future[15]. - The company is focusing on expanding its business into real estate management services, financial services, and content services for children and youth[15]. - The company is focused on developing three main business platforms: commercial real estate operation, financial services, and content services[26]. - The company aims to become a leading provider of comprehensive real estate solutions in China, capitalizing on the growing demand in the commercial real estate sector[27]. - The company is actively expanding its content service business, including the acquisition of the Huizhou Baima Mountain Resort project to accelerate the development of its children's theme park projects[38]. Financial Performance - The company's operating revenue for 2017 was CNY 702,271,639.39, representing a 115.53% increase compared to the previous year[17]. - Net profit attributable to shareholders was CNY 177,823,722.36, a 59.42% increase from CNY 111,546,549.42 in 2016[17]. - The net cash flow from operating activities reached CNY 336,083,439.83, a significant increase of 861.16% compared to CNY 34,966,319.96 in 2016[17]. - The total assets of the company at the end of 2017 were CNY 14,169,679,684, marking a 32.33% increase from CNY 10,640,504,286 in 2016[17]. - Basic earnings per share increased by 50.00% to CNY 0.15 from CNY 0.10 in the previous year[17]. Acquisitions and Expansions - The company acquired 90% equity in Huangting Real Estate Construction and 100% equity in Huizhou Huangting Baima Mountain Tourism Real Estate Development Co., Ltd., expanding its business scope[17]. - The company acquired 80% of Ruize Leasing, enhancing its financing leasing business and overall financial service capabilities[37]. - The company has established a joint venture with Greentown Asset Management to manage commercial projects in Hangzhou, further expanding its market presence[37]. - The company has acquired 90% of Shenzhen Huating Real Estate Construction Management Co. and 100% of Huizhou Huating Baima Mountain Tourism Real Estate Development Co., enhancing its operational capabilities[72]. Risk Management - The company has identified potential risks that may adversely affect its future development strategy and operational goals, which are detailed in the report[5]. - The company is aware of potential risks in strategic implementation and the commercial real estate sector, including changes in consumer behavior and the impact of e-commerce[75]. - The company will ensure resource alignment and management structure improvements to mitigate risks associated with its strategic transformation[75]. Corporate Governance - The company has confirmed that all board members attended the meeting to review the annual report, ensuring accountability for the report's accuracy[4]. - The company has engaged 立信会计师事务所 as its accounting firm for the reporting period[16]. - The company has established a governance structure that ensures compliance with regulations and protects shareholder rights[173]. - The company’s board of directors and supervisors have been in their positions since at least 2016, ensuring continuity in governance[160]. Employee Engagement and Compensation - The company has implemented an employee stock ownership plan and restricted stock incentive plan to enhance employee motivation and ensure performance growth[32]. - The company has implemented a performance-based compensation system for senior management, linking salaries to performance evaluations[162]. - The company has a total of 8 independent directors, with their remuneration ranging from CNY 0.08 million to CNY 0.03 million[163]. - The company has a total of 1,040.73 million CNY in reported remuneration for its board and management, reflecting its commitment to competitive compensation[163]. Financial Reporting and Audit - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position and results of operations[196]. - The internal control audit report was disclosed on April 21, 2018, and was consistent with the board's self-evaluation report[192]. - The company reported no financial report deficiencies, indicating a strong compliance with accounting standards[196]. - The financial report included no significant misstatements, with all major aspects prepared in accordance with accounting standards[196]. Market Presence and Future Plans - The company plans to continue expanding its market presence and exploring new strategies for growth[134]. - The company is focused on brand and management promotion in core cities across the country, starting from Shenzhen[28]. - The company plans to enhance its commercial real estate operations by integrating management, financial services, and smart technology, aiming to become an industry leader within two years[73].

Financial Performance - The company's operating revenue for Q1 2018 was ¥220,585,346.19, representing a 60.62% increase compared to ¥137,329,655.12 in the same period last year[8] - Net profit attributable to shareholders was ¥53,272,239.76, a slight increase of 2.05% from ¥52,200,469.60 year-on-year[8] - The net profit after deducting non-recurring gains and losses decreased by 48.08% to ¥28,186,503.95 from ¥54,285,340.35 in the previous year[8] - The net cash flow from operating activities improved significantly to ¥287,798,962.43, compared to a negative cash flow of ¥44,066,421.20 in the same period last year, marking a 753.10% change[8] Assets and Shareholder Equity - Total assets at the end of the reporting period were ¥14,137,354,742.23, a decrease of 0.23% from ¥14,169,679,684.21 at the end of the previous year[8] - The net assets attributable to shareholders increased by 1.01% to ¥5,353,976,048.21 from ¥5,300,703,808.45 at the end of the previous year[8] Shareholder Information - The company had a total of 15,402 common shareholders at the end of the reporting period[11] - The top ten shareholders collectively held 48.72% of the company's total shares, indicating a concentrated ownership structure[12] Acquisitions and Financial Changes - The company acquired 80% of the equity of Ruize Leasing, which was included in the consolidated financial statements since September 2017, contributing to the revenue growth[15] - Financial expenses increased by 31.45% to ¥67,763,664.26 from ¥51,550,268.70 in the previous year due to increased borrowings[15] Future Outlook and Risks - The company anticipates a significant change in cumulative net profit from the beginning of the year to the next reporting period, indicating potential losses compared to the same period last year[17] Investment Activities - There were no securities investments during the reporting period[18] - The company did not engage in any derivative investments during the reporting period[19] Compliance and Governance - No research, communication, or interview activities were conducted during the reporting period[19] - There were no violations regarding external guarantees during the reporting period[20] - The company did not experience any non-operating fund occupation by controlling shareholders or their affiliates during the reporting period[21]

Dividend Distribution - The company plans to distribute a cash dividend of 0.40 CNY per 10 shares to all shareholders, based on a total of 1,175,345,368 shares[5]. - The company plans to distribute a cash dividend of 0.4 yuan per 10 shares, totaling 47,013,814.72 yuan for the year 2017[84]. - The company's cash dividend payout ratio for 2017 was 26.44% of the consolidated net profit attributable to shareholders[86]. - The company has established a three-year dividend return plan from 2017 to 2019, which has been approved by the 2016 annual general meeting[82]. Business Strategy and Focus - The company has shifted its main business focus from traditional retail to commercial real estate operations, aiming for a light asset model in the future[15]. - The company has been actively expanding its business into real estate, adopting a strategy of "using commerce to support land" and "using land to protect commerce"[15]. - The company has established a new strategic direction that includes real estate operation management and financial services as core business areas[15]. - The company is focusing on the development of property management services, financial services, and content services for children and youth as part of its future strategy[15]. - The company is focusing on three main business platforms: commercial real estate operation services, financial services, and content services, aiming to become a leading comprehensive solution provider in China[26]. - The company has transitioned from a traditional retail model to developing shopping center projects in response to changing market conditions[15]. - The company plans to enhance its commercial real estate operations and aims to become an industry leader within two years by optimizing its management and service capabilities[75]. - The company will integrate its financial services with commercial real estate operations, offering diversified financial services such as asset securitization and financing leasing[76]. Financial Performance - The company's operating revenue for 2017 was CNY 702,271,639.39, representing a 115.53% increase compared to the previous year[17]. - Net profit attributable to shareholders was CNY 177,823,722.36, a 59.42% increase from CNY 111,546,549.42 in 2016[17]. - The net cash flow from operating activities reached CNY 336,083,439.83, a significant increase of 861.16% compared to CNY 34,966,319.96 in the previous year[17]. - The total assets of the company increased by 32.33% to CNY 14,169,679,684 at the end of 2017, up from CNY 10,640,504,286 at the end of 2016[17]. - Basic earnings per share rose to CNY 0.15, a 50.00% increase from CNY 0.10 in 2016[17]. - In 2017, the company achieved a revenue of 702 million yuan, an increase of 115.53% year-on-year, and a net profit of 178 million yuan, up 59.42% year-on-year[35]. - The financial services segment contributed 247 million yuan in revenue, becoming a significant profit source for the company[38]. - The loan business generated CNY 207.75 million in revenue, a staggering increase of 1,692.58% from CNY 11.59 million in 2016[42]. - The financing lease business contributed CNY 38.94 million in revenue, marking the introduction of new service offerings[42]. Shareholder Structure and Management - The company reported a significant change in its major shareholder structure, with the current actual controller being Zheng Kanghao through various holdings[15]. - The actual controller of the company, Zheng Kanghao, holds a total of 572,611,622 shares, accounting for 48.72% of the company's total share capital as of December 31, 2017[145]. - Major shareholders include Shenzhen Huangting Investment Management Co., Ltd. with 20.99% and Shenzhen Huangting Financial Holdings Co., Ltd. with 20.36%[144]. - The company has a management team with over 30 years of experience in real estate operations, enhancing its competitive advantage in the market[31]. - The company has a total of 12 independent directors and supervisors, with varying roles and responsibilities[165]. - The company’s board of directors includes members with diverse backgrounds in finance, law, and management[164]. - The company has established a remuneration decision-making process that involves the shareholders' meeting and the board of directors[166]. Risk Management and Compliance - The company has disclosed potential risks that may adversely affect its future development strategies and operational goals[5]. - The company anticipates risks related to strategic implementation and changes in consumer behavior affecting commercial real estate, and plans to address these through resource matching and management structure adjustments[77]. - The company has emphasized the importance of accurate financial reporting, with key executives affirming the integrity of the annual report[4]. - The company has implemented a performance-based compensation system for senior management, linking salaries to work performance[167]. - The company has maintained effective internal control over financial reporting as of December 31, 2017, according to the internal control audit report[197]. - The company reported zero major defects in financial reporting for the year 2017[196]. Employee Engagement and Incentives - The company has implemented an employee stock ownership plan and restricted stock incentive plan to enhance employee motivation and cohesion[32]. - The company implemented a restricted stock incentive plan in 2017 to enhance employee engagement and creativity[193]. - The first phase of the employee stock ownership plan was completed, with all shares sold by September 6, 2017[103]. - The company has a total of 736 employees, with 115 technical personnel and 70 financial personnel[171]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 10.41 million[168]. Investments and Acquisitions - The company acquired 90% equity in Huangting Real Estate Construction and 100% equity in Huizhou Huangting Baima Mountain Tourism Real Estate Development Co., Ltd., expanding its business scope[17]. - The company acquired 80% of Ruize Leasing, enhancing its financing leasing business[37]. - The company is actively seeking new strategic partnerships and opportunities for growth through both organic and acquisition strategies[39]. - The company completed a significant non-equity investment in Chengdu Global Times Center with a total investment of CNY 661.606 million, of which CNY 261.62 million has been invested by the end of the reporting period[66]. - The company has established several new subsidiaries, including Shenzhen Royal Court Youwei No. 2 Investment Partnership and Chongqing Royal Court Qingqing World Tourism Development Co., to expand its industry layout[74]. Financial Management and Reporting - The company has undergone adjustments in its accounting data due to business combinations under common control, indicating a need for retrospective adjustments[16]. - The company has made changes to its accounting estimates, impacting other receivables by CNY 351,921,685.96[95]. - The company has no significant accounting errors that require retrospective restatement during the reporting period[96]. - The company has appointed Lixin Accounting Firm as its auditor, with a fee of CNY 900,000 for the audit services[97]. - The internal control self-evaluation report indicated that 100% of the company's assets and revenues were included in the evaluation scope[194]. Investor Relations and Communication - The company has conducted seven investor communication activities during the reporting period, engaging with 41 institutions[80]. - The company emphasizes investor relations management and ensures timely, complete, and accurate information disclosure[126]. - The annual shareholders meeting had a participation rate of 65.26% on June 30, 2017[184]. - The first extraordinary shareholders meeting had a participation rate of 52.24% on August 30, 2017[184]. - The second extraordinary shareholders meeting had a participation rate of 62.31% on November 13, 2017[184].