Financial Performance - The company reported a significant reliance on railway transportation business, with high customer concentration, indicating that changes in the coal industry and customer demand could significantly impact operational results[4]. - The company’s operating revenue for 2023 was ¥1,665,275,473.36, a decrease of 6.73% compared to ¥1,785,385,753.15 in 2022[21]. - Net profit attributable to shareholders for 2023 was ¥242,400,833.26, an increase of 1.86% from ¥237,975,763.34 in 2022[21]. - The net cash flow from operating activities increased by 20.71% to ¥662,511,198.38 in 2023, compared to ¥548,842,667.34 in 2022[21]. - The total assets at the end of 2023 were ¥6,263,137,593.15, reflecting a growth of 2.15% from ¥6,131,502,404.49 at the end of 2022[21]. - The company reported a basic earnings per share of ¥0.1662 for 2023, up 1.84% from ¥0.1632 in 2022[21]. - The company experienced a decline in net profit after deducting non-recurring gains and losses, which was ¥250,870,293.32 in 2023, down 2.01% from ¥256,013,464.18 in 2022[21]. - The company reported a significant increase in government subsidies, amounting to ¥2,112,195.86 in 2023, compared to ¥1,786,673.35 in 2022[25]. - The company achieved a 68.71% increase in cash received from other operating activities, primarily due to increased interest income[70]. - The company reported a total revenue of 3,098,000.00, accounting for 1.03% of total profit, attributed to the fair value change of investments in Ningdong Railway[73]. Business Operations - The company operates under the stock code 000557 and is listed on the Shenzhen Stock Exchange, with its main business activities including railway development and management[14]. - The company has a history of changes in its business scope, with a focus on high-tech product development, logistics, and railway operations since 2016[18]. - The company operates a railway transportation network of 315 kilometers, primarily serving the Ningdong Energy and Chemical Base, with a total length of 642 kilometers[40]. - The company aims to enhance its market competitiveness through the electrification of its railway, improving transportation capacity and efficiency[44]. - The company plans to enhance its logistics network and integrate into the national comprehensive transportation network, focusing on coal transportation channels[91]. - The company aims to upgrade and transform railway equipment to improve operational efficiency and service quality[92]. - The company is focusing on modern logistics development as a key growth area, supported by national policies promoting logistics industry reform[90]. Risk Management - The annual report emphasizes the importance of understanding risks and uncertainties that may affect future performance, particularly in relation to coal industry fluctuations and pricing adjustments[4]. - The company has outlined its future development outlook and risk management strategies in detail, urging investors to pay special attention to these factors[4]. - The company noted uncertainty regarding its ability to continue as a going concern due to negative net profits in recent years[21]. - The company is committed to improving safety production standards and risk assessment in logistics infrastructure[93]. Management and Governance - The company reported a significant management change with the resignation of several executives due to retirement and work adjustments, including the resignation of the chairman of the supervisory board, Li Hongjun, effective August 23, 2023[107]. - The company appointed Yan Lei as the new employee representative supervisor on August 24, 2023, following the resignation of Li Hongjun[108]. - The company announced the resignation of Deputy General Manager Xue Xiaomei due to reaching the legal retirement age, effective June 20, 2023[106]. - The company has made adjustments in its management team, with Wang Qingjie resigning as Deputy General Manager on November 21, 2023, due to work adjustments[107]. - The company appointed Wang Juncha as the new Deputy General Manager on November 22, 2023, following the resignation of Wang Qingjie[108]. - The company confirmed that there were no significant changes in the number of shares held by executives during the reporting period[106]. - The company is focused on maintaining stability in its management structure while adapting to market changes and internal adjustments[108]. - The company has emphasized the importance of leadership continuity in achieving its long-term goals[108]. - The company is committed to transparency in its governance practices, as evidenced by the detailed announcements regarding management changes[106]. Research and Development - The company is developing a hydrogen-powered locomotive, aiming to contribute to sustainable development in clean energy[63]. - The number of R&D personnel increased by 2.78% to 37, with a notable rise in master's degree holders by 50%[66]. - The company is increasing investment in technology innovation to enhance digital and intelligent logistics services[93]. - The company invested 200 million RMB in R&D for new technologies, focusing on sustainable energy solutions[125]. Legal and Compliance - The company has not reported any significant litigation or arbitration matters during the reporting period[176]. - The company has engaged Xinyong Zhonghe Accounting Firm for auditing, ensuring compliance and transparency in financial reporting[20]. - The company has established independent financial departments and accounting systems[167]. - The company has committed to ensuring the independence of its financial operations and management[167]. - The company has not engaged in any violations regarding external guarantees during the reporting period[171]. Market Expansion and Strategy - The company is exploring market expansion opportunities, particularly in the logistics and transportation sectors[184]. - The company is actively developing new products and technologies to enhance its service offerings and improve operational efficiency[184]. - The company has outlined its future outlook, indicating a focus on strategic acquisitions to bolster its market position[184]. - The company plans to enter two new international markets by the end of 2024, aiming for a 15% contribution to overall revenue[126]. Employee and Compensation - The total pre-tax remuneration for directors, supervisors, and senior management in 2023 amounted to CNY 341.03 million[130]. - The remuneration for the chairman and general manager was CNY 41.00 million each[130]. - The independent directors received a remuneration of CNY 6.07 million each[130]. - The total number of employees at the end of the reporting period was 1,092, with 832 in production, 61 in technical roles, and 15 in finance[143]. - The company plans to continue its focus on employee training, emphasizing professional skills and operational capabilities[146]. Environmental Responsibility - The company has implemented measures to reduce carbon emissions, including the establishment of a wastewater treatment station achieving "zero discharge" of production and domestic wastewater[156]. - The company actively promotes green transportation and has strengthened the management of hazardous goods transportation to prevent environmental pollution[155]. - The company emphasizes the integration of business management with social responsibility, aiming for sustainable development while enhancing profitability[157].

Financial Performance - The company's operating revenue for Q1 2024 was ¥328,131,551.61, representing a decrease of 13.12% compared to the same period last year[4]. - Net profit attributable to shareholders for Q1 2024 was ¥84,313,918.08, an increase of 6.27% year-on-year[4]. - Basic and diluted earnings per share for Q1 2024 were both ¥0.0578, reflecting a growth of 6.25% year-on-year[4]. - Total assets at the end of Q1 2024 were ¥6,337,826,287.90, an increase of 1.19% from the end of the previous year[4]. - Total revenue for Q1 2024 was ¥328,131,551.61, a decrease of 13.1% compared to ¥377,687,367.46 in the previous period[45]. - Total operating costs for Q1 2024 were ¥226,674,709.00, down 19.1% from ¥280,104,742.01 in the previous period[45]. - Net profit for Q1 2024 was ¥84,313,918.08, an increase of 6.2% from ¥79,342,022.17 in the previous period[47]. - Total current assets increased to ¥2,520,583,082.15 from ¥2,420,708,583.84, reflecting a growth of 4.2%[42]. - Total non-current assets decreased slightly to ¥3,817,243,205.75 from ¥3,842,429,009.31, a decline of 0.7%[42]. - Total liabilities decreased to ¥408,845,038.46 from ¥421,058,961.79, a reduction of 2.8%[43]. - Total equity attributable to shareholders increased to ¥5,928,981,249.44 from ¥5,842,078,631.36, reflecting a growth of 1.5%[43]. - Cash and cash equivalents rose to ¥2,255,320,768.75 from ¥2,078,354,203.01, an increase of 8.5%[42]. - The net cash flow from operating activities decreased by 37.97% to ¥198,749,824.52 compared to the previous year[4]. - Cash inflow from operating activities totaled ¥432,721,868.71, down 38.6% from ¥705,911,743.50 year-on-year[49]. - Cash outflow from operating activities decreased to ¥233,972,044.19, a reduction of 39.2% compared to ¥385,492,246.42 in the previous period[49]. - The net cash flow from investing activities is -¥29,502,226.37, an improvement from -¥44,341,038.21 in the previous period[49]. - The net cash flow from financing activities is -¥4,836,560.97, compared to a positive inflow of ¥7,789,847.03 in the previous period[49]. - The ending balance of cash and cash equivalents increased to ¥2,196,837,216.03, up from ¥1,912,533,546.80 in the previous period[49]. - The net increase in cash and cash equivalents for the current period is ¥164,411,037.18, down from ¥283,868,305.90 in the previous period[49]. - The company has not yet audited the first quarter report for 2024[50]. - The company will implement new accounting standards starting from 2024[50]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 36,733[11]. - The largest shareholder, Ningxia State-owned Capital Operation Group, holds 17.19% of shares, totaling 250,673,543 shares[12]. - China Cinda Asset Management Co., Ltd. holds 13.34% of shares, totaling 194,500,045 shares[14]. - Both National Energy Group Ningxia Coal Industry Co., Ltd. and Huadian International Power Co., Ltd. each hold 4.87% of shares, totaling 71,084,524 shares[14]. - The top ten shareholders collectively hold significant stakes, with the largest three shareholders accounting for over 48% of total shares[11]. - No shares are subject to pledge, marking a stable ownership structure among major shareholders[11]. - There are no changes in the participation of top ten shareholders in margin trading compared to the previous period[14]. Legal Matters - The company has not disclosed any new strategies or future outlook in the provided documents[11]. - There are no ongoing litigation or arbitration matters reported that could impact the company's financial position[15]. - The company has not indicated any new product or technology developments in the current reporting period[11]. - The company incurred interest payments of 18.74 million yuan and legal fees of 9.28 million yuan related to the enforcement of claims against a debtor[17]. - A court ruling mandated that Ningxia Shanguang Coal Industry Co., Ltd. pay a total of 476.77 million yuan, including principal and interest, to the company by September 15, 2022[17]. - The company has been involved in multiple legal proceedings, including a civil judgment requiring compensation of 340 million yuan and penalties of 35.98 million yuan from two individuals[19]. - The company is currently facing restrictions on consumption for certain individuals due to ongoing legal disputes, which may impact its operational flexibility[19]. - The company has applied for enforcement actions against debtors, with a focus on recovering outstanding amounts through legal channels[19]. - The company reported a case where execution procedures were terminated due to disputes over property rights, affecting potential asset liquidation[19]. - The company has been proactive in seeking legal remedies to recover funds owed, indicating a strategic focus on financial recovery[19]. - The company is monitoring ongoing litigation closely, which may influence its financial outlook and operational strategies moving forward[19]. - The company has faced challenges related to the enforcement of court judgments, which could impact its cash flow and financial stability[19]. - The company has initiated legal proceedings against Ningxia Yuanneng Industrial Co., Ltd. for unpaid debts amounting to 183.28 million yuan[20]. - The company is seeking additional compensation of 410.8 million yuan due to breach of contract by Ningxia Yuanneng Industrial Co., Ltd.[20]. - The company has a pending court case regarding a civil judgment that requires Ningxia Yuanneng Industrial Co., Ltd. to pay 675.82 million yuan[21]. - The company is currently involved in multiple legal disputes, including an appeal to the Yinchuan Intermediate Court regarding a financial dispute[21]. - The company has reported that its shareholders are currently listed as defendants in ongoing legal matters[20]. - The company is exploring new strategies to mitigate risks associated with its legal challenges and improve financial stability[21]. - The company has not yet received a court hearing notice for its re-examination application[21]. - The company is actively monitoring the situation with Ningxia Yuanneng Industrial Co., Ltd. to ensure compliance with the court's decisions[20]. - The company is preparing for potential market expansion once the legal issues are resolved[21]. - The company has filed a claim for debts amounting to 145.94 million yuan against the bankruptcy management of its parent company[23]. - The company is involved in multiple legal proceedings, including a case where it was ordered to pay maintenance fees of 160.11 million yuan for railway services[22]. - The company has been engaged in a lawsuit regarding the rental agreements, with claims for rental fees totaling 63.77 million yuan and penalties of 10.27 million yuan[22]. - The company is currently facing a re-examination of a civil judgment related to its operations, which may impact future financial performance[24]. - The company has reported a significant increase in litigation activities, indicating potential financial implications for the upcoming quarters[24]. - The company is actively pursuing claims against various parties in relation to its operational agreements, which may affect its cash flow[23]. - The company has been involved in disputes regarding logistics and rental agreements, with ongoing court proceedings expected to influence its financial outlook[24]. - The company is navigating complex legal challenges that could impact its market position and operational strategies moving forward[24]. Investments and Projects - The company decided to invest 200 million yuan in South Railway to jointly construct the railway project from E'tuoke Qianqi to Shanghai Miao[32]. - The estimated total investment for the electrification and power connection project of Ningdong Railway is 1.622 billion yuan, with 1.199 billion yuan allocated for construction by Ningdong Railway[33]. - The investment for the Ningdong Railway electrification project was adjusted from 1.199 billion yuan to 1.4865 billion yuan, increasing by 287.6 million yuan[34]. - An investment of 271 million yuan was approved for the external power supply project related to the electrification of Ningdong Railway[35]. - The company plans to invest 84.0815 million yuan in the construction of the Shangou Bay Logistics Park project[36]. - The bankruptcy liquidation application for Dagu Logistics was rejected by the court due to the lack of final processing by relevant departments[37]. - The court upheld the decision to reject the bankruptcy appeal for Dagu Logistics, which is currently undergoing legal proceedings[38]. - The company has a market expansion strategy involving collaboration with Ningxia International Grape Wine Trading Expo Center for brand building and market promotion[29]. - The company has a total of 11,707.20 million yuan in approved related party transactions, which represents 54.53% of the total similar transactions[28]. - The company has established a pricing principle for related transactions based on market pricing, with a total of 2,166.29 million yuan in related party service transactions[28]. - The company has faced a jurisdictional dispute in a construction contract case, which has been transferred to the railway transport court for resolution[26]. - The company has a strategy to enhance its operational efficiency through various legal proceedings and related party transactions[27].

宁夏西部创业实业股份有限公司 内控风险管理实施办法 第一章 总则 — 1 — 第三条 内控风险管理目标： (一)确保公司经营管理合法合规。 (二)确保公司资产安全，实现国有资产保值增值。 (三)确保公司内外部，尤其是公司与各利益相关方之间真 实、有效的信息沟通，财务报告真实可靠。 第一条 为规范和加强宁夏西部创业实业股份有限公司(以 下简称公司)内控风险管理工作，按照"聚焦主责主业、提高监 督效能"的整体工作思路，贯彻"管理制度化、制度流程化、 流程信息化"的内控文化理念，构建全面、全员、全过程、全 体系的风险防控机制，实现"强内控、防风险、促合规"的管 控目标，结合公司发展战略和管理实际，制定本办法。 第二条 本办法所称内控风险管理，是指公司为实现战略 和经营管理目标，开展风险与控制识别、评估，以获悉所面临 的风险及其类别和等级，根据风险偏好和风险容忍度，分级分 类制定风险应对策略，通过实施一系列制度、程序和方法，对 相应业务中的风险实施有效管控，并采用风险监控和内控监督 等手段，推动风险事项应对和控制缺陷整改，以规避或减少风 险损失，为实现公司总体目标提供合理保证的动态管理过程。 本办法所称内部控制，是指 ...

宁夏西部创业实业股份有限公司 独立董事述职报告 2024 年 4 月 26 日 | | | | 许志平独立董事述职报告 | 1 | | --- | --- | | 张文君独立董事述职报告 | 6 | | 吴春芳独立董事述职报告 | 12 | | 徐孔涛独立董事述职报告 | 18 | 许志平独立董事述职报告 作为宁夏西部创业实业股份有限公司独立董事，我严格遵守 《公司法》《上市公司独立董事管理办法》《关于加强社会公众 股股东权益保护的若干规定》及公司《章程》《独立董事制度》 等法律、法规和制度的要求，本着对公司和全体股东负责的精神， 坚持独立、客观、公正的原则，忠诚、勤勉、尽责地履行自身的 职责和义务，依据财务专业知识和工作经验，全面关注公司的发 展状况，督促公司规范运作，不断推进公司法人治理结构与内部 控制的完善与优化。现将2023年度履职情况报告如下： 一、会议出席及表决情况 （一）董事会情况 2023年度，公司共召开董事会6次（现场和通讯表决相结合 召开4次，通讯表决2次），我现场出席3次，通讯表决3次。通过 全面获取审议所需材料，认真进行事前审查、分析、研究，与公 司其他董事、监事、高级管理人员及相关工 ...

宁夏西部创业实业股份有限公司 环境、社会和公司治理（ESG）管理办法 第一章 总 则 第一条 为构建科学、系统、规范的环境、社会责任及公司 治理体系，进一步加强宁夏西部创业实业股份有限公司（以下简 称"公司"）经济、社会和环境可持续发展的制度化、规范化管 理，积极践行公司社会责任，提升公司在环境保护及公司治理方 面的价值创造能力，根据中国证监会《上市公司治理准则》、深 圳证券交易所《股票上市规则》《上市公司自律监管指引第 1 号 ——主板上市公司规范运作》《上市公司自律监管指引第 17 号— —可持续发展报告（试行）》及《宁夏西部创业实业股份有限公 司章程》（以下简称《公司章程》）等有关法律法规及规范性文件， 结合公司实际情况，制定本办法。 第二条 本办法所称 ESG 职责，是指公司在经营发展过程中 应当履行的环境（Environmental）、社会（Social）和公司治理 （Governance）方面的责任和义务，主要包括对自然环境和资源 的保护、社会责任的承担以及公司治理的健全和透明。 第三条 本办法所称利益相关方，是指其利益可能受到公司 决策或经营活动影响的组织或个人，主要包括员工、供应商、客 户、股 ...

第十届监事会第四次会议决议公告 证券代码：000557 证券简称：西部创业 公告编号：2024-9 宁夏西部创业实业股份有限公司 第十届监事会第四次会议决议公告 本公司及监事会全体成员保证信息披露的内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 2024 年 4 月 24 日，宁夏西部创业实业股份有限公司第十 届监事会第四次会议在银川市北京中路 168 号 C 座 5 楼第 2 会议室以现场和通讯表决相结合的方式召开。关于召开第十届 监事会第四次会议的通知于 2024 年 4 月 12 日以口头、书面、 电子邮件和电话形式发出。监事马腾、冯军、张建勋、闫磊出 席现场会议；监事高宝科以通讯方式参加会议。会议应出席监 事 5 人，实际出席监事 5 人。本次会议的召集、召开符合有关 法律、法规和公司《章程》规定。 二、监事会会议审议情况 （一）审议通过《2023 年度监事会工作报告》。 公司监事会全体成员按照《公司法》公司《章程》等规定 和要求，谨慎、认真地履行了自身职责，依法独立行使职权, 以保证公司规范运作，维护公司、股东的合法权益。 表决结果：5 票同意，0 票反对，0 ...

宁夏西部创业实业股份有限公司 董事会提名委员会决议 宁夏西部创业实业股份有限公司董事会提名委员会于 2024 年 4 月 12 日以通讯表决方式召开，主任委员吴春芳主持会议， 委员徐孔涛、陈存兵参加会议。根据公司《章程》《董事会提 名委员会工作细则》，对股东提名的独立董事候选人工作经历 和任职资格进行了审核，发表如下审核意见： 一、提名人宁夏国有资本运营集团有限责任公司持有公司 250,673,543 股股份，占总股本的 17.19%，具有提名资格，提名 程序合法、有效。 二、被提名人王玉荣已书面同意接受提名。 特此决议。 宁夏西部创业实业股份有限公司董事会提名委员会 2024 年 4 月 12 日 — 2 — 五、被提名人王玉荣未受到过中国证监会和证券交易所的 任何处罚，亦不存在失信被执行情形。 六、被提名人王玉荣具有行使独立董事职权所需的专业知 识和职业素养。 综上，同意将王玉荣作为第十届董事会独立董事候选人提 — 1 — 交第十届董事会第十次会议审议。 三、被提名人王玉荣具有独立董事任职资格，不存在《公 司法》和公司《章程》规定的不得担任公司董事的情形。 四、被提名人王玉荣与公司控股股东、实际控制人、持 ...

宁夏西部创业实业股份有限公司 2023 年度 非经营性资金占用及其他关联资金往来的 专项说明 | 索引 | 页码 | | --- | --- | | 专项说明 | 1-2 | | 非经营性资金占用及其他关联资金往来情况汇总表 | 1 | 关于宁夏西部创业实业股份有限公司 2023 年度非经营性资金占用及其他关联资金往来的专项说明 XYZH/2024YCAA1F0016 宁夏西部创业实业股份有限公司 1 专项说明（续） XYZH/2024YCAA1F0016 宁夏西部创业实业股份有限公司 本专项说明仅供西部创业公司 2023 年度报告披露之目的使用，未经本事务所书面 同意，不得用于其他任何目的。 宁夏西部创业实业股份有限公司全体股东： 我们按照中国注册会计师审计准则审计了宁夏西部创业实业股份有限公司（以下简 称西部创业公司）2023 年度财务报表，包括 2023 年 12 月 31 日的合并及母公司资产负 债表、2023 年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公司股东 权益变动表以及财务报表附注，并于 2024 年 4 月 24 日出具了 XYZH/2024YCAA1B0008 号 无保留意 ...

宁夏西部创业实业股份有限公司 董事会薪酬与考核委员会工作细则 第一章 总 则 第一条 为进一步建立健全宁夏西部创业实业股份有限公 司（以下简称"公司"）董事及高级管理人员的薪酬与考核管理 制度，完善公司治理结构，根据《中华人民共和国公司法》《上 市公司治理准则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法律、行政法规、规范性文件 和《宁夏西部创业实业股份有限公司章程》（以下简称《公司章 程》）的规定，公司特设立董事会薪酬与考核委员会，并制定本 工作细则。 第二条 按照 《公司章程》，董事会设立薪酬与考核委员会。 薪酬与考核委员会对董事会负责，主要负责制定董事、高级管理 人员的考核标准并进行考核，制定、审查董事、高级管理人员的 薪酬政策与方案。薪酬与考核委员会的提案提交董事会会议审议 决定。 第二章 人员组成 第三条 薪酬与考核委员会成员由 3 名董事组成，其中独 — 1 — 立董事半数以上。 第四条 薪酬与考核委员会委员由董事长、1/2 以上独立董 事或者全体董事 1/3 以上提名，并由董事会批准。 第五条 薪酬与考核委员会设主任委员 1 名，由独立董事 委员担任，负责主持委员 ...

宁夏西部创业实业股份有限公司 董事会审计委员会工作细则 第一章 总 则 第一条 为完善宁夏西部创业实业股份有限公司（ 以下简称 "公司"）治理结构，根据（ 中华人民共和国公司法》 上市公司 治理准则》 深圳证券交易所上市公司自律监管指引第 1 号—— 主板上市公司规范运作》等法律、行政法规、规范性文件和（ 宁 夏西部创业实业股份有限公司章程》 以下简称（ 公司章程》）的 规定，公司特设立董事会审计委员会，并制定本工作细则。 第二条 按照 公司章程》，董事会设立审计委员会，审计 委员会对董事会负责，主要负责审核公司财务信息及其披露、监 督及评估内外部审计工作和内部控制。审计委员会的提案提交董 事会会议审议决定。 第二章 人员组成 第三条 审计委员会成员由 3 名不在公司担任高级管理人 员的董事组成，其中独立董事半数以上，并有至少 1 名独立董事 为会计专业人士。 审计委员会委员应当具备履行审计委员会工作职责的专业 — 1 — 知识和经验，勤勉尽责，切实有效地监督、评估公司内外部审计 工作，促进公司建立有效的内部控制并提供真实、准确、完整的 财务报告。 第四条 审计委员会委员由董事长、1/2 以上独立董事或者 全 ...