Financial Performance - The company reported a total revenue of CNY 272.05 million in 2013, a decrease of 10.53% compared to CNY 304.06 million in 2012[22]. - Net profit attributable to shareholders was CNY 20.99 million, marking a significant increase of 124.42% from a loss of CNY 85.96 million in the previous year[22]. - The main business revenue decreased by 11.18% to CNY 262.13 million, while other business revenue increased by 10.91% to CNY 0.99 million[29]. - The company reported a significant increase in cash and cash equivalents, with a net increase of 202,866,919.04 yuan, representing a growth of 5,021.53%[40]. - The company reported a net profit of 20,993,155.10 CNY, which contributed to an increase in total equity[189]. - The net profit for the current period was 85,955,700.00 CNY, reflecting a growth of 41.71% compared to the previous year[192]. - The total owner's equity at the end of the reporting period was 947,062,224.45 CNY, showing a significant increase compared to the previous year's balance[192]. Cash Flow and Investments - The company’s cash flow from operating activities was negative at CNY -29.31 million, a decline of 210.08% compared to CNY 26.63 million in 2012[22]. - Operating cash inflow decreased by 21.96% to 304,062,377.53 yuan compared to 2012, while operating cash outflow decreased by 8.15% to 333,375,826.25 yuan[39]. - Investment cash inflow surged by 1,833.28% to 62,042,931.41 yuan, mainly due to the disposal of subsidiaries[39]. - The total cash inflow from investment activities was 62,042,931.41 CNY, compared to 3,209,200.00 CNY in the previous year, resulting in a net cash flow from investment activities of 61,487,984.07 CNY[184]. - The cash inflow from financing activities amounted to 244,484,773.64 CNY, with a net cash flow of 170,692,383.69 CNY, contrasting with a net outflow of 10,666,008.01 CNY from the previous year[184]. Assets and Liabilities - The total assets increased by 59.86% to CNY 721.14 million at the end of 2013, up from CNY 451.11 million at the end of 2012[22]. - The company’s total liabilities decreased to CNY 650,162,654.81 from CNY 662,825,413.93, indicating a reduction of about 1.25%[171]. - The equity attributable to shareholders improved to RMB 96,802,235.90 from a negative RMB 200,289,676.80, showing a recovery in shareholder equity[171]. - The company reported a total asset value of 584.26 million yuan as of December 2013[91]. Dividend Policy - The company plans not to distribute cash dividends or bonus shares, indicating a focus on reinvestment[4]. - The company has a profit distribution policy that mandates cash or stock dividends, with a minimum cash distribution of 30% of the average distributable profit over the last three years[69]. - The company has not distributed any profits in the last three years due to negative retained earnings, resulting in no dividends being proposed[73]. Legal and Regulatory Issues - The company faced a lawsuit involving a dispute over land use rights, with a claimed amount of 79.68 million yuan[79]. - The court has frozen the company's bank deposits amounting to 24 million yuan as part of the enforcement of a civil judgment[80]. - The company is currently under scrutiny due to its non-compliance with previous court orders related to the disputes[79]. - The company has been involved in multiple legal disputes, including a contract dispute with Beijing Huayi Yuan Investment Management Consulting Co., Ltd.[80]. Strategic Initiatives - The company plans to leverage the synergy between Maitian Garden and Nanchong Hu塑 to turn around the building materials business and improve profitability[64]. - The company aims to explore differentiated development in municipal landscaping and tourism ecological landscaping to enhance competitiveness and profitability[64]. - The management team highlighted plans for market expansion and the introduction of new products in the upcoming fiscal year[119]. - The company is focusing on enhancing its research and development capabilities to drive innovation in its product offerings[120]. Management and Governance - The company has appointed independent directors to ensure governance and oversight, contributing to its strategic decision-making[131]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[138]. - The company maintains independent operations from its controlling shareholder, ensuring no interference in decision-making[137]. - The company has established a clear internal control structure, enhancing risk prevention and protecting investor rights[155]. Employee and Organizational Structure - The total number of employees is 2,094, with 71% in operational roles, 6% in management, 11% in technical positions, 5% in administrative roles, and 6% in other categories[133]. - Employee educational background shows that 15% hold a bachelor's degree or higher, 17% have a college diploma, and 67% have education below college level[134]. - The company has a diverse management team with various backgrounds in finance and engineering, enhancing its operational capabilities[126].

Financial Performance - The company reported a total revenue of CNY 272.05 million in 2013, a decrease of 10.53% compared to CNY 304.06 million in 2012 [22]. - Net profit attributable to shareholders was CNY 20.99 million, marking a significant increase of 124.42% from a loss of CNY 85.96 million in the previous year [22]. - The company’s cash flow from operating activities was negative at CNY -29.31 million, a decline of 210.08% compared to CNY 26.63 million in 2012 [22]. - The total assets increased by 59.86% to CNY 721.14 million at the end of 2013, up from CNY 451.11 million at the end of 2012 [22]. - The company reported a significant increase in cash and cash equivalents, with a net increase of CNY 202,866,919.04, representing a growth of 5,021.53% [40]. - The company reported a total profit of 14,187 million yuan for the year 2013, reflecting a profit margin of 25.83% [88]. - The net profit for the year was 150 million yuan, which is a 10% increase compared to the previous year [125]. Business Strategy and Focus - The company plans not to distribute cash dividends or bonus shares, indicating a focus on reinvestment [4]. - The company has shifted its business focus from primarily building materials to a dual focus on landscaping and building materials [67]. - The company aims to leverage the synergy between Maitian Garden and Nanchong Huashu in the real estate sector to turn around the building materials business [67]. - The company plans to continue its market expansion efforts, leveraging new acquisitions to strengthen its competitive position [90]. - The company is actively pursuing opportunities for mergers and acquisitions to bolster its market presence and operational capabilities [90]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years [125]. Legal and Regulatory Issues - The company has been under investigation by the China Securities Regulatory Commission since January 4, 2013, due to alleged violations of securities laws [99]. - The company is involved in a legal dispute regarding real estate rights transfer, with a claim for a penalty of 50,000 yuan against it [82]. - The company has reached a mediation agreement regarding the real estate debt settlement, requiring compliance by June 10, 2004 [82]. - The company is facing multiple legal challenges, including a lawsuit from Beijing Huizhong Investment Management Co., Ltd. [82]. - The company has reported a bank deposit freeze of 24 million yuan due to a court ruling [81]. Shareholder and Equity Information - The company’s stock is listed on the Shenzhen Stock Exchange under the ticker *ST Huasu, with the stock code 000509 [15]. - The largest shareholder, Jinan Xinyin Investment Co., Ltd., holds 24.77% of the shares, amounting to 61,915,700 shares [106]. - The company has a cash dividend policy that mandates a distribution of at least 30% of the average distributable profit over the last three years, but has not been able to distribute any due to negative retained earnings [71]. - The company has not proposed any cash dividend distribution plan for 2013, as it has negative retained earnings over the last three years [73]. Operational Changes and Developments - The company has undergone several changes in its controlling shareholders, with Chengdu Maitian Investment Co., Ltd. becoming the largest shareholder as of January 9, 2014 [18]. - The company successfully completed a share reform plan, avoiding the risk of being delisted, and injected new assets and liquidity for sustainable development [28]. - The company has appointed new executives, including Sui Honggang and Liu Xiaofang as deputy general managers, to meet operational needs [131]. - The company has established a fully independent organizational structure, with clear divisions of responsibilities among various functional departments [148]. Research and Development - Research and development expenses totaled CNY 320,000, primarily for the development of new profile cross-section processes [38]. - The company is committed to ongoing research and development of new products and technologies to drive future growth [89]. - New product development includes the launch of a biodegradable plastic line, expected to contribute an additional 100 million yuan in revenue in 2014 [125]. Financial Compliance and Audit - The company’s financial report is guaranteed to be true, accurate, and complete by its management team, ensuring accountability [4]. - The company engaged Da Xin Accounting Firm for auditing services, with a remuneration of 500,000 CNY for the current period [98]. - The company received a standard unqualified audit opinion for its financial statements, affirming their fair representation in accordance with accounting standards [161].