证券简称：通程控股 证券代码：000419 公告编号：2019-028 长沙通程控股股份有限公司 关于参加2019年湖南辖区上市公司 投资者网上接待日活动的公告 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。 为进一步做好投资者关系管理工作，增强与广大投资者的互动 交流，长沙通程控股股份有限公司（以下简称"公司"）将参加由中 国证券监督管理委员会湖南监管局、湖南省上市公司协会与深圳市全 景网络有限公司联合举办的"2019年湖南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： 本次投资者网上接待日活动将通过深圳市全景网络有限公司提 供的网上平台，采取远程网络的方式进行，投资者可以登录"全景·路 演天下"（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10日（星 期二）下午15:00至17:00。 届时，公司董事、董事会秘书杨格艺女士和证券事务代表文启明 先生将通过网络在线与投资者交流和沟通。欢迎广大投资者参与。 特此公告。 长沙通 ...

Financial Performance - The company's operating revenue for the first half of 2019 was CNY 1,774,126,345.59, a decrease of 8.44% compared to the same period last year[18]. - The net profit attributable to shareholders was CNY 73,493,776.13, down 9.40% year-on-year[18]. - The company achieved total operating revenue of CNY 1,866,378,177.43 and a net profit of CNY 73,493,776.13 during the reporting period[32]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was CNY 73,304,361.61, a decline of 4.96% year-on-year[18]. - The total revenue for the retail business reached approximately RMB 1.66 billion, representing a year-on-year increase of 17.99%[47]. - The hotel and tourism segment reported revenue of approximately RMB 115.51 million, an increase of 80.81% compared to the previous period[47]. - The comprehensive investment segment saw revenue of approximately RMB 94.66 million, with a significant increase of 96.67% year-on-year[47]. - The company reported a net profit for the first half of 2019 of CNY 34,590,551.75, down from CNY 45,126,766.67 in the first half of 2018, representing a decline of approximately 23.3%[130]. - The total comprehensive income for the first half of 2019 was CNY 128,931,345.49, compared to CNY 45,126,766.67 in the previous year[130]. Cash Flow and Assets - The net cash flow from operating activities improved to CNY -76,178,955.29, a 46.01% increase compared to the previous year[18]. - The cash flow from operating activities improved by 46.01%, resulting in a net cash outflow of approximately RMB 76.18 million[44]. - The company reported a net cash inflow from financing activities of approximately RMB 144.36 million, an increase of RMB 168.53 million compared to the previous year[44]. - The total assets at the end of the reporting period were CNY 4,967,099,811.87, reflecting a 0.80% increase from the end of the previous year[18]. - Cash and cash equivalents decreased to CNY 1,025,788,156.39 from CNY 1,122,495,923.16, reflecting a decline of 8.63%[113]. - The total area of leased properties for electrical appliances was 14.70 million square meters, with a rental income of RMB 37.91 million[39]. - The company reported a decrease in fixed assets, which totaled approximately RMB 1.07 billion, down 7.15% from the previous year[51]. - The total liabilities decreased to CNY 1,772,581,957.32 from CNY 1,943,462,438.96, a reduction of 8.77%[116]. - The company's equity attributable to shareholders rose to CNY 2,932,517,533.32, an increase of 6.07% from CNY 2,764,682,963.45[116]. Market Position and Strategy - The company maintains a strong market position with a comprehensive service offering across retail, investment, and hotel sectors, with significant brand recognition and operational efficiency[27]. - The company’s core competitiveness remains unchanged, characterized by clear strategy, accurate positioning, and strong asset quality[29]. - The company operates multiple retail formats, including shopping centers and online platforms, covering all prefecture-level cities in Hunan province[26]. - The company continues to face growth pressures in its retail business due to macroeconomic slowdowns and rising operational costs[32]. - The company has implemented new financial instrument standards starting January 1, 2019, affecting the measurement and reporting of financial assets[19]. Shareholder Information - The total number of shares is 543,582,655, with 99.95% being unrestricted shares[97]. - The largest shareholder, Changsha Tongcheng Industrial (Group) Co., Ltd., holds 44.33% of the shares, totaling 240,972,484 shares[99]. - The company has 25,417 ordinary shareholders at the end of the reporting period[99]. - There were no changes in the controlling shareholder or actual controller during the reporting period[101]. - The company did not distribute cash dividends or issue bonus shares for the half-year period[69]. Corporate Social Responsibility - The company has actively engaged in poverty alleviation efforts, creating job opportunities and providing necessary public goods in impoverished areas[90]. - The company allocated 10 million yuan for poverty alleviation initiatives during the reporting period[91]. - The company plans to continue its long-term commitment to poverty alleviation as part of its corporate social responsibility[92]. Financial Reporting and Compliance - The financial report for the first half of 2019 was not audited[111]. - The company has no outstanding bonds that are due or have not been fully paid as of the report date[109]. - The company adheres to the accounting standards for enterprises, ensuring the financial statements reflect a true and complete picture of its financial status[156]. - The company confirmed that the initial investment cost for cash acquisitions is determined by the actual purchase price paid[180]. Financial Instruments and Valuation - Financial assets are classified into three categories: 1) measured at amortized cost; 2) measured at fair value with changes recognized in other comprehensive income; 3) measured at fair value with changes recognized in profit or loss[164]. - The company recognizes expected credit losses based on the weighted average of credit losses for financial instruments measured at amortized cost[169]. - The fair value of financial instruments is determined using valuation techniques that are supported by sufficient observable data[168]. - The company assesses expected credit risk and measures expected credit losses based on individual financial instruments or groups of financial instruments[171]. Inventory and Asset Management - Inventory is measured at the lower of cost and net realizable value, with provisions for inventory write-downs based on estimated selling prices and related costs[176]. - The company employs a perpetual inventory system for tracking inventory[176]. - Long-term equity investments are initially measured at the fair value of the consideration paid, with adjustments made to capital reserves or retained earnings as necessary[177]. Employee Benefits and Compensation - Employee compensation includes short-term benefits recognized as liabilities in the period services are provided[190]. - The company applies actuarial assumptions to measure obligations arising from defined benefit plans, ensuring accurate liability recognition[191]. - The company accounts for employee benefits, including termination benefits, when the obligation arises and is reliably measurable[193].

Financial Performance - The company's operating revenue for Q1 2019 was ¥928,550,862.71, a decrease of 9.81% compared to ¥1,029,535,357.86 in the same period last year[7] - Net profit attributable to shareholders was ¥42,421,810.81, reflecting a slight increase of 0.85% from ¥42,064,217.10 year-on-year[7] - The net profit after deducting non-recurring gains and losses was ¥42,978,525.13, which represents a 9.98% increase from ¥39,077,495.33 in the previous year[7] - Total operating revenue for Q1 2019 was CNY 974,402,525.42, a decrease of 8.8% compared to CNY 1,068,387,034.10 in the same period last year[33] - Net profit for Q1 2019 was CNY 48,797,659.41, slightly up from CNY 48,655,938.75 in Q1 2018, representing a growth of 0.3%[35] - The net profit for the first quarter of 2019 was CNY 27,153,330.66, a decrease from CNY 28,847,376.47 in the same period last year, representing a decline of approximately 5.86%[39] - The company reported a total comprehensive income of CNY 251,906,398.09 for the quarter, compared to CNY 28,847,376.47 in the previous year, showing a substantial increase[40] Cash Flow - The net cash flow from operating activities was ¥57,594,674.76, showing a significant improvement from a negative cash flow of ¥303,108,833.26 in the same period last year[7] - The company’s operating cash inflow totaled CNY 1,107,659,814.12, down from CNY 1,229,791,037.20 in the previous year, reflecting a decrease of approximately 9.9%[43] - The net cash flow from operating activities was -88,764,632.01 CNY, compared to -131,092,138.10 CNY in the previous year, indicating an improvement of approximately 32.3%[47] - The company incurred a loss of CNY 173,780.62 from asset disposals, compared to a loss of CNY 37,911.79 in the previous year[39] - The company’s investment activities resulted in a net cash outflow of CNY 100,396,683.09, contrasting with a net inflow of CNY 206,377,250.80 in the same period last year[44] - The financing activities generated a net cash inflow of CNY 68,356,666.66, compared to a net outflow of CNY -2,048,125.00 in the previous year[44] Assets and Liabilities - Total assets at the end of the reporting period reached ¥5,191,134,887.67, an increase of 5.35% from ¥4,927,503,024.71 at the end of the previous year[7] - Total current assets decreased to CNY 2,154,983,382.57 from CNY 2,263,959,504.70, reflecting a decline of about 4.82%[25] - Total liabilities decreased slightly to CNY 1,933,593,575.08 from CNY 1,943,462,438.96, a decline of approximately 0.51%[26] - Total liabilities decreased to CNY 2,054,416,580.87 from CNY 2,072,580,732.63, a reduction of approximately 0.9% year-over-year[32] - The total amount of contract liabilities was CNY 65,050,880.25, down from CNY 73,838,730.14, indicating a decrease of 11.5%[31] - The company reported a total of 1,668,972,077.73 CNY in current liabilities, which includes short-term borrowings of 160,000,000.00 CNY and accounts payable of 1,059,125,664.94 CNY[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 26,871[10] - The largest shareholder, Changsha Tongcheng Industrial (Group) Co., Ltd., held 44.33% of the shares, amounting to 240,972,484 shares, with 154,000,000 shares pledged[10] Earnings Per Share - The basic earnings per share for the period was ¥0.0780, up 0.78% from ¥0.0774 in the same period last year[7] - Basic earnings per share for Q1 2019 was CNY 0.0780, compared to CNY 0.0774 in the previous year, indicating a slight increase of 0.8%[36] Accounting Policies - The company has adopted new accounting policies under the new financial instruments standard, which will not affect the financial indicators for 2018[55] - The adjustment under the new standard includes an increase in other equity instrument investments by CNY 1,112,697,467.48 and a decrease in available-for-sale financial assets by the same amount[55] - The company will recognize credit impairment losses based on expected credit losses for various financial assets, including loans and receivables[55] Other Financial Metrics - The weighted average return on net assets decreased to 1.41% from 2.07% in the previous year[7] - The company reported a decrease in sales expenses to CNY 68,339,502.72 from CNY 68,815,424.67, a decline of 0.7%[33] - Deferred income tax liabilities increased to CNY 279,843,027.19 from CNY 204,925,338.05, reflecting a rise of 36.5% year-over-year[32] - The company’s total current assets were reported at 2,263,959,504.70 CNY, while total non-current assets were 2,663,543,520.01 CNY[51]

Financial Performance - The company's operating revenue for 2018 was CNY 3,764,613,573.52, a decrease of 4.05% compared to CNY 3,923,627,320.00 in 2017[16] - The net profit attributable to shareholders of the listed company increased by 10.55% to CNY 141,430,326.27 from CNY 127,931,331.72 in the previous year[16] - The net profit after deducting non-recurring gains and losses rose by 27.21% to CNY 131,422,998.96 compared to CNY 103,312,738.95 in 2017[16] - The net cash flow from operating activities was negative at CNY -33,091,013.78, a decline of 112.70% from CNY 260,639,133.50 in 2017[16] - The total assets at the end of 2018 were CNY 4,927,503,024.71, an increase of 18.55% from CNY 4,156,411,973.50 at the end of 2017[16] - The net assets attributable to shareholders of the listed company increased by 37.62% to CNY 2,764,682,963.45 from CNY 2,008,885,438.67 in 2017[16] - Basic earnings per share for 2018 were CNY 0.2602, up 10.58% from CNY 0.2353 in 2017[16] - The weighted average return on equity was 6.33%, slightly down from 6.47% in the previous year[16] Revenue Breakdown - The company reported a total of CNY 1,030,871,990.88 in revenue for the fourth quarter of 2018, showing a recovery from the previous quarters[20] - The company achieved total operating revenue of 394,010.17 million yuan, a decrease of 2.59% compared to the previous year, with main business revenue of 376,461.36 million yuan, down 3.42% year-on-year[32] - The retail business accounted for 92.92% of total revenue, generating CNY 3,498,046,969.79, down 4.69% year-over-year[45] Asset Management - The company's asset-liability ratio decreased by 7.63 percentage points to 39.44%, indicating improved financial stability[32] - The company maintained a strong liquidity position with a current ratio of 135.65%, up 16.59% year-on-year, and a quick ratio of 115.04%, an increase of 13.23%[32] - Total assets increased by 18.55% year-on-year to 492,750.30 million yuan, and net assets grew by 37.62% to 276,468.30 million yuan[32] Operational Strategy - The company has focused on management transformation and operational innovation to enhance its operational capabilities and quality during the reporting period[26] - The company aims to optimize its comprehensive investment sector, which has been established as a main business area, and has increased asset and resource investment in this sector[34] - The company reported that its core competitiveness remains unchanged, emphasizing management transformation and a diversified business structure[28] Retail Performance - The company reported a retail revenue of 1,462.49 million CNY for the year, a decrease of 28.13 million CNY compared to the previous year, with a revenue per square meter of 0.69 million CNY[38] - The electrical appliance segment generated a retail revenue of 1,805.09 million CNY, down by 18.14 million CNY year-on-year, with a revenue per square meter of 1.31 million CNY[38] Store Expansion - The company opened 7 new stores in 2018, including a department store in Loudi with an area of 34,300 square meters and an electrical appliance store in Loudi with an area of 2,500 square meters[37] Rental Income and Expenses - The total rental income for the department store segment was 45.44 million CNY, an increase of 11.25 million CNY compared to the previous year, with a rental income per square meter of 0.04 million CNY[39] - The electrical appliance segment's rental income was 5.46 million CNY, a decrease of 0.46 million CNY year-on-year, with a rental income per square meter of 0.07 million CNY[39] - The company reported a total rental cost of 83.27 million CNY for the department store segment, with a rental cost per square meter of 0.03 million CNY[40] - The electrical appliance segment incurred a rental cost of 64.87 million CNY, with a rental cost per square meter of 0.04 million CNY[40] Profit Margins - The gross profit margin for the department store's joint operation was 10.1%, while the distribution margin was 7.66%[40] - The gross profit margin for the electrical appliance's joint operation was 17.31%, and the distribution margin was 11.88%[40] Supplier Relationships - The company’s top five suppliers accounted for 40.80% of total annual procurement, with total procurement amounting to CNY 878,653,264.95[51] - The largest supplier, Hunan Shengshi Xinxing Gree Trading Co., Ltd., contributed CNY 442,573,661.48, representing 20.55% of total procurement[51] Cost Management - Sales expenses decreased by 1.81% to CNY 276,405,100.83, while management expenses increased by 1.89% to CNY 441,293,551.26[53] - Financial expenses saw a significant reduction of 130.63%, resulting in a net income of CNY -1,393,874.81, attributed to optimized financing structure[53] Corporate Governance - The company has established a logistics subsidiary to enhance supply chain efficiency, located in a prime logistics area in Changsha[42] - The company has maintained a continuous relationship with Tianjian Accounting Firm for 23 years, with an audit fee of 600,000 yuan for the current period[101] - The company has not faced any penalties or rectification issues during the reporting period[105] Social Responsibility - The company actively participated in social responsibility initiatives, including poverty alleviation projects in regions such as Longshan County and Ma'anshan County, leveraging its online platform to support local agricultural products[127] - The company established a long-term mechanism for poverty alleviation, focusing on employment, e-commerce, and ecological protection, fulfilling its corporate social responsibilities[129] Future Outlook - The company aims for a revenue growth of 6%-8% and a net profit growth of 6%-8% for 2019, contingent on market conditions and management efforts[77] - The company plans to enhance its operational capabilities and competitiveness through management restructuring and the establishment of a market-oriented operational model[79] Shareholder Communication - The company has received a total of 15 individual investor communications during the reporting period, focusing on business operations and development plans[85] - The company’s cash dividend policy is compliant with its articles of association and has been transparently communicated to shareholders[89] Employee Management - The total number of employees in the company is 3,071, with 1,946 in the parent company and 1,125 in major subsidiaries[160] - The company emphasizes a performance-based compensation policy, linking salaries to operational efficiency and management performance[161] Internal Control and Audit - The company maintained effective internal control over financial reporting as of December 31, 2018, according to the internal control audit report[188] - The internal control evaluation included all major aspects of the company's operations, ensuring comprehensive oversight[188]

长沙通程控股股份有限公司 2018 年第三季度报告正文 证券代码：000419 证券简称：通程控股 公告编号：2018-035 长沙通程控股股份有限公司 2018 年第三季度报告正文 1 长沙通程控股股份有限公司 2018 年第三季度报告正文 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。 公司负责人周兆达、主管会计工作负责人李晞及会计机构负责人(会计主管 人员)魏豫曦声明：保证季度报告中财务报表的真实、准确、完整。 2 长沙通程控股股份有限公司 2018 年第三季度报告正文 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 3 长沙通程控股股份有限公司 2018 年第三季度报告正文 | | | □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 5,081,949,504.01 ...

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 1,937,724,465.74, a decrease of 1.50% compared to CNY 1,967,154,910.55 in the same period last year[19]. - The net profit attributable to shareholders of the listed company was CNY 81,118,372.82, representing an increase of 1.18% from CNY 80,170,565.86 year-on-year[19]. - The net profit after deducting non-recurring gains and losses was CNY 77,126,558.15, up 5.51% from CNY 73,101,459.08 in the previous year[19]. - The company's basic earnings per share for the period was CNY 0.1492, reflecting a 1.15% increase from CNY 0.1475 in the same period last year[19]. - The company achieved total revenue of CNY 2,026,027,954.72 and a net profit of CNY 81,118,372.82 during the reporting period[35]. - The total operating costs were CNY 1,901,324,498.21, slightly down from CNY 1,930,371,106.54, indicating a reduction of about 1.5%[125]. - The company reported a significant increase in cash flow from investment activities, amounting to ¥153,261,145.94, a 163.75% increase compared to the previous year[45]. - The total profit for the period was CNY 130,218,484.64, compared to CNY 115,503,910.32 in the previous year, indicating an increase of approximately 12.7%[125]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 3,951,715,899.61, down 4.92% from CNY 4,156,411,973.50 at the end of the previous year[19]. - The net assets attributable to shareholders of the listed company increased by 4.04% to CNY 2,090,003,811.49 from CNY 2,008,885,438.67 at the end of the previous year[19]. - Total current assets decreased from CNY 2,244,181,088.79 to CNY 2,070,301,260.94, a decline of approximately 7.74%[116]. - Total liabilities decreased from CNY 1,956,295,900.49 to CNY 1,655,938,364.73, a decline of approximately 15.36%[117]. - Total equity increased from CNY 2,200,116,073.01 to CNY 2,295,777,534.88, an increase of approximately 4.32%[118]. Cash Flow - The company reported a net cash flow from operating activities of CNY -141,096,838.08, compared to CNY -125,921,691.51 in the same period last year[19]. - The net cash flow from operating activities was -136,152,640.54 CNY, compared to -13,907,611.74 CNY in the previous period, indicating a decline in operational performance[137]. - Total cash inflow from operating activities was 2,116,312,265.22 CNY, down from 2,202,013,454.80 CNY year-on-year[136]. - Cash outflow from operating activities totaled 2,252,464,905.76 CNY, slightly increased from 2,215,921,066.54 CNY in the previous period[137]. - The net cash flow from investing activities was 108,648,979.00 CNY, a significant improvement from -252,620,773.48 CNY in the previous period[137]. Market and Competition - The retail industry in Hunan Province achieved a total retail sales of CNY 716.57 billion in the first half of 2018, growing by 10.3%, which is 0.9 percentage points higher than the national average[26]. - The company faces intensified competition and rising costs in the retail sector, with overall industry growth slowing down[26]. - The retail sector remains a key focus, with ongoing adjustments in product structure and operational models to maintain market share and competitive position[36]. Corporate Governance and Compliance - The company has not engaged in any related party transactions during the reporting period, ensuring transparency and fairness in its operations[73]. - The company has not experienced any penalties or rectification measures during the reporting period, suggesting compliance with regulatory requirements[71]. - There were no major litigation or arbitration matters during the reporting period, indicating a stable legal environment for the company[71]. Social Responsibility and Environmental Impact - The company has actively participated in various poverty alleviation efforts, focusing on employment, e-commerce, targeted assistance, and ecological protection[91]. - The company has increased its focus on corporate social responsibility, particularly in the area of poverty alleviation, to contribute to regional economic development[90]. - The company does not belong to the key pollutant discharge units as published by the environmental protection department[89]. Investment and Expansion - The company is actively expanding its market presence through new store openings and renovations, including the launch of new retail formats[36]. - The company has made a significant equity investment of CNY 5,000,000 in Hunan Tongcheng Commercial Trading Co., Ltd., acquiring a 10% stake[55]. - The company plans to increase the registered capital of its wholly-owned subsidiary, Tongcheng Commercial Factoring (Shenzhen) Co., Ltd., by RMB 50 million, raising the total registered capital to RMB 100 million[95]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 28,156[100]. - The largest shareholder, Changsha Tongcheng Industrial (Group) Co., Ltd., holds 44.33% of the shares, totaling 240,972,484 shares[100]. - The total number of shares after the recent changes is 543,582,655, with 99.95% being unrestricted shares[98]. Accounting and Financial Reporting - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position and operating results accurately[156]. - The company’s accounting period runs from January 1 to December 31 each year[157]. - The company uses Renminbi as its accounting currency[159].

长沙通程控股股份有限公司 2018 年第一季度报告正文 证券代码：000419 证券简称：通程控股 公告编号：2018-023 长沙通程控股股份有限公司 2018 年第一季度报告正文 1 长沙通程控股股份有限公司 2018 年第一季度报告正文 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。 公司负责人周兆达、主管会计工作负责人李晞及会计机构负责人(会计主管 人员)魏豫曦声明：保证季度报告中财务报表的真实、准确、完整。 2 长沙通程控股股份有限公司 2018 年第一季度报告正文 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 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 1,029,535,357.86 | 1,023,669,973.85 | 0.57% | | 归属于上市公司股东的净利润（元） | 42,064,217.10 | 31 ...

Financial Performance - The company's operating revenue for 2017 was CNY 3,923,627,320, representing a 3.97% increase compared to CNY 3,773,952,789 in 2016[20] - The net profit attributable to shareholders for 2017 was CNY 127,931,331.72, a 25.12% increase from CNY 102,248,511.28 in 2016[20] - The net profit after deducting non-recurring gains and losses was CNY 103,312,738.95, which is a 34.96% increase from CNY 76,552,530.68 in 2016[20] - Basic earnings per share for 2017 were CNY 0.2353, up 25.09% from CNY 0.1881 in 2016[20] - The total operating revenue for 2017 was CNY 3,923,627,320, representing a year-on-year increase of 3.97% compared to CNY 3,773,952,789 in 2016[39] - The commercial retail segment accounted for 93.54% of total revenue, with a revenue of CNY 3,670,159,710, up 4.23% from the previous year[39] - The hotel and tourism segment generated CNY 252,623,880, which is a slight increase of 0.19% year-on-year[39] - The company achieved a total annual revenue of ¥404.48 million in 2017, with a net profit of ¥12.79 million, reflecting a year-on-year increase of 25.12% in net profit[34] - The total revenue of the units included in the internal control evaluation accounted for 100% of the company's consolidated revenue[170] Cash Flow and Investments - Cash flow from operating activities increased by 190.26% to CNY 257,879,133.50 from CNY 88,845,516.25 in 2016[20] - The net cash flow from operating activities was negative in Q1 and Q2, at approximately -¥145.27 million and -¥125.92 million, respectively, but turned positive in Q4 at ¥257.88 million[25] - The net cash flow from investment activities decreased significantly by 967.50% year-on-year, resulting in a net outflow of ¥229,688,767.19, attributed to an increase in entrusted loans and financial products[49] - The total financing cash inflow increased by 142.06% year-on-year, amounting to ¥513,164,851.67, indicating enhanced capital raising activities[48] - The total investment income was ¥35,067,373.21, accounting for 18.17% of total profit, primarily from entrusted loan interest and cash dividends from Changsha Bank[50] Assets and Liabilities - The total assets at the end of 2017 were CNY 4,156,411,973.50, a 4.50% increase from CNY 3,977,588,763.73 at the end of 2016[20] - The asset-liability ratio at the end of the reporting period was 47.07%, a decrease of 0.44 percentage points compared to the previous year[34] - Total liabilities increased to CNY 2,040,336,705.21, compared to CNY 1,939,348,123.80 at the beginning of the year, reflecting a growth of 5.23%[195] - The total current assets as of December 31, 2017, were ¥2,244,181,088.79, an increase from ¥1,969,489,297.37 at the beginning of the year[189] - The total non-current assets were ¥1,912,230,884.71, down from ¥2,008,099,466.36 at the beginning of the year[190] Strategic Focus and Business Model - The company is transitioning its business model, with the department store division shifting towards a more experiential and integrated shopping center format[34] - The hotel sector is actively expanding into the conference and group consumption markets, seeking personalized operational positioning[34] - The logistics and property divisions are evolving from management functions to market-oriented, professional operating entities[34] - The company is focusing on high-quality development as a key priority for 2018, aligning with national economic transformation trends[63] - The company plans to invest approximately 200-300 million yuan in store projects and comprehensive investment expansion[67] Management and Governance - The company has implemented changes in accounting policies effective from May 28, 2017, due to new accounting standards[21] - The company has established a governance structure that complies with relevant laws and regulations, ensuring transparent and responsible operations[157] - The company maintains independence from its controlling shareholder in terms of business, personnel, assets, and finances, ensuring autonomous operational capabilities[160] - The company’s board of directors and remuneration assessment committee are responsible for evaluating the performance of senior management[148] Social Responsibility and Community Engagement - The company actively participated in social responsibility initiatives, including disaster relief efforts during severe flooding in Hunan[110] - The company is committed to poverty alleviation through e-commerce initiatives, connecting rural areas with market opportunities[112] - The company invested 80.86 million in targeted poverty alleviation projects[114] - The company has established partnerships with over 20 vocational colleges to enhance employment opportunities[110] Shareholder and Equity Structure - The total number of outstanding shares remained stable at 543,582,655.00[192] - The largest shareholder, Changsha Tongcheng Industrial Group Co., Ltd., holds 44.33% of the shares, amounting to 240,972,484 shares[124] - The number of ordinary shareholders increased from 28,013 to 28,256 during the reporting period[124] - The company has not engaged in any mergers or acquisitions during the reporting period[129] Audit and Compliance - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position[177] - The internal control audit report was disclosed on April 14, 2018, and is available on the official information disclosure website[173] - There were no significant discrepancies between the company's governance practices and the regulatory requirements set by the China Securities Regulatory Commission[159]

长沙通程控股股份有限公司 2017 年第三季度报告全文 长沙通程控股股份有限公司 2017 年第三季度报告 2017 年 10 月 1 长沙通程控股股份有限公司 2017 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。 公司负责人周兆达、主管会计工作负责人李晞及会计机构负责人(会计主管 人员)魏豫曦声明：保证季度报告中财务报表的真实、准确、完整。 2 长沙通程控股股份有限公司 2017 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 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 4,007,475,472.85 | 3,977,588,763.73 | | 0.75% | | 归属于上市公司股东的净资产 | 1,975,440,039 ...

Financial Performance - The company's operating revenue for the first half of 2017 was CNY 1,967,154,910.55, representing a 4.36% increase compared to CNY 1,884,963,220.42 in the same period last year[18]. - The net profit attributable to shareholders of the listed company was CNY 80,170,565.86, up 7.15% from CNY 74,818,278.24 year-on-year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 73,101,459.08, an increase of 14.43% from CNY 63,882,026.42 in the previous year[18]. - The basic earnings per share for the reporting period was CNY 0.1475, reflecting a 7.19% increase from CNY 0.1376 in the same period last year[18]. - The company achieved operating revenue of CNY 1,967,154,910.55, representing a year-on-year growth of 4.36%[32]. - The net profit attributable to shareholders was CNY 80,170,600, reflecting a year-on-year increase of 7.15%[32]. Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 4,111,360,479.11, a 3.36% increase from CNY 3,977,588,763.73 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company were CNY 2,026,354,591.41, up 4.12% from CNY 1,946,184,025.55 at the end of the previous year[18]. - The company's total liabilities were RMB 1,904,657,924.33, slightly up from RMB 1,889,909,218.95, showing a marginal increase of about 0.14%[102]. - The company's current assets totaled RMB 2,040,855,137.94, compared to RMB 1,969,489,297.37 at the beginning of the period, indicating an increase of about 3.63%[101]. - The total non-current assets rose to ¥1,961,430,870.40, compared to ¥1,829,893,134.06, reflecting an increase of about 7.2%[106]. Cash Flow - The company reported a net cash flow from operating activities of CNY -125,921,691.51, compared to CNY -70,602,602.71 in the same period last year[18]. - Cash and cash equivalents decreased by CNY 99,010,090.17 during the reporting period[37]. - The company’s cash and cash equivalents decreased to ¥887,599,455.48 from ¥1,037,777,578.23, a decline of about 14.4%[105]. - The net cash flow from investment activities was -252,620,773.48 CNY, compared to -138,632,452.89 CNY in the previous period, indicating a significant increase in cash outflow[121]. - Financing activities generated a net cash inflow of ¥267,311,114.14, an increase from ¥44,523,951.36 in the previous period[118]. Investment Activities - Investment activities resulted in a significant cash outflow of CNY 240,399,512.80, primarily due to increased investments in Changsha Bank and loans to Zhuzhou Huachen[37]. - The company made a significant equity investment of CNY 108,475,228.21 in Changsha Bank, acquiring a 4.04% stake[48]. - The company provided a loan of RMB 120 million to Zhuzhou Huachen Real Estate Development Co., Ltd. during the reporting period[78]. - The company plans to participate in the capital increase of Changsha Bank Co., Ltd. using its own funds[78]. Operational Performance - The company’s main business areas include commercial retail, comprehensive investment, and tourism hotel industries, with no significant changes in operational models or performance drivers during the reporting period[26]. - The commercial sector focused on optimizing store structure and adjusting operational positioning, which laid the foundation for new business breakthroughs[32]. - The hotel sector implemented precise positioning based on customer demographics, enhancing operational quality and exploring new hotel products[33]. - The logistics company adopted a "unified warehousing and distribution" model, aiming to improve operational efficiency and reduce costs[34]. Shareholder Information - The total number of shares after the recent changes is 543,582,655, with 99.95% being unrestricted shares[83]. - The total number of ordinary shareholders at the end of the reporting period was 30,136[85]. - Changsha Tongcheng Industrial (Group) Co., Ltd. holds 44.33% of the shares and has pledged 77 million shares[85]. - The company’s major shareholders include natural persons and state-owned entities, with no significant changes reported during the period[85]. Challenges and Outlook - The company faces challenges such as macroeconomic slowdown and rising operational costs, impacting its industry[55]. - The half-year report has not been audited[61]. - The company has no significant doubts regarding its ability to continue as a going concern for the next 12 months[146]. Accounting Policies - The company adheres to the accounting standards, ensuring that its financial statements accurately reflect its financial position and operating results[148]. - The company’s financial reports are prepared based on the continuous operation assumption, indicating a stable operational outlook[145]. - The accounting treatment for business combinations under common control involves measuring the acquired assets and liabilities at their book value in the consolidated financial statements of the ultimate controlling party[152]. - For business combinations not under common control, goodwill is recognized when the purchase cost exceeds the fair value of identifiable net assets acquired; if the cost is lower, the difference is recognized in current profit or loss[152].