Financial Performance - The company's operating revenue for Q3 2022 was ¥300,664,289.40, a decrease of 43.79% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2022 was ¥148,156,011.33, an increase of 2.02% year-on-year[4]. - Total operating income for the first nine months of 2022 was CNY 1,271,232,081.70, a decrease of 13.76% compared to CNY 1,474,287,319.87 in the same period of 2021[26]. - Net profit for the first nine months of 2022 was CNY 613,757,654.44, representing an increase of 5.67% compared to CNY 584,268,458.76 in the same period of 2021[27]. - The company reported a total comprehensive income of CNY 587,615,798.49, compared to CNY 428,334,607.12 in the same period of 2021, marking an increase of 37.24%[29]. Cash Flow - The net cash flow from operating activities for the year-to-date period reached ¥679,565,180.79, a significant increase of 478.26% compared to the previous year[12]. - Cash flow from operating activities generated a net inflow of CNY 679,565,180.79, compared to a net outflow of CNY -179,656,770.35 in the same period of 2021[30]. - The net cash flow from investment activities was -109,419,062.52 CNY, compared to 529,448,793.61 CNY in the previous year[32]. - The net cash flow from financing activities was -822,934,234.80 CNY, compared to -310,149,260.76 CNY in the previous year[32]. - The net increase in cash and cash equivalents was -252,788,116.53 CNY, contrasting with an increase of 39,642,762.50 CNY in the previous year[32]. Assets and Liabilities - Total assets at the end of Q3 2022 were ¥15,906,955,370.60, down 7.75% from the end of the previous year[6]. - The company’s total assets decreased to CNY 15,906,955,370.60 from CNY 17,243,923,719.26 year-on-year, a decline of 7.77%[25]. - Total liabilities decreased to CNY 3,186,114,116.95 from CNY 4,991,777,878.72 year-on-year, indicating a reduction of 36.25%[25]. - The total liabilities include a deferred tax liability of 58,829,657.77 yuan, down from 87,237,847.18 yuan in 2021, a decrease of approximately 32.5%[24]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 87,592[5]. - The largest shareholder, Shaanxi Coal and Chemical Industry Group, holds 34.58% of shares, totaling 1,370,585,727 shares[16]. - The second largest shareholder, Shaanxi Jiaokong Asset Management, holds 21.62% of shares, totaling 857,135,697 shares[16]. Equity and Earnings - The weighted average return on equity for the year-to-date period was 4.91%, an increase of 0.03 percentage points compared to the same period last year[4]. - The company’s total equity attributable to shareholders increased by 3.83% to ¥12,720,841,253.65 compared to the end of the previous year[6]. - Earnings per share (basic and diluted) for the first nine months of 2022 was CNY 0.1548, up from CNY 0.1474 in the same period of 2021[29]. - The basic earnings per share for Q3 2022 was ¥0.0374, reflecting a 2.19% increase year-on-year[4]. Investment and Expenses - The company reported a decrease in investment income of 33.63% to ¥92,318,400.38 compared to the same period last year[11]. - The fair value change income was -¥172,559,260.39, a decrease of 179.51% year-on-year, primarily due to market conditions[11]. - The company experienced a significant increase in administrative penalties and poverty alleviation expenditures, leading to a 2726.83% rise in other operating expenses[11]. Stock Issuance - The company plans to issue up to 1,189,203,853 shares of common stock through a private placement, which has been approved by relevant authorities[19]. - The company has extended the validity period for the private placement resolution by 12 months as of February 7, 2022[21]. Cash and Cash Equivalents - The company's cash and cash equivalents decreased from 1,303,768,408.76 yuan at the end of 2021 to 1,050,980,292.23 yuan by September 30, 2022, a decline of approximately 19.4%[23]. - The ending balance of cash and cash equivalents was 1,050,980,292.23 CNY, down from 473,038,874.06 CNY year-over-year[32]. - The company received 225,042,871.49 CNY in cash for dividend distribution and interest payments, up from 190,149,260.76 CNY in the previous year[32]. Audit Information - The third quarter report was not audited[33].

Financial Performance - The company's operating revenue for the first half of 2022 was ¥970,567,792.30, representing a 3.32% increase compared to ¥939,408,114.72 in the same period last year[23]. - The net profit attributable to shareholders for the first half of 2022 was ¥465,601,643.11, which is a 6.05% increase from ¥439,043,723.14 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥465,965,201.95, reflecting a 10.11% increase from ¥423,181,196.36 year-on-year[23]. - Basic earnings per share for the first half of 2022 were ¥0.1175, up 6.05% from ¥0.1108 in the same period last year[23]. - The weighted average return on net assets was 3.74%, an increase of 0.07 percentage points compared to 3.67% in the previous year[23]. - The company achieved operating revenue of 971 million yuan, an increase of 3.32% year-on-year[35]. - The net profit reached 466 million yuan, up 6.05% compared to the same period last year[35]. - The total comprehensive income for the first half of 2022 was CNY 439,459,787.16, compared to CNY 400,245,626.40 in the first half of 2021, reflecting an increase of about 9.8%[171]. - The total profit for the first half of 2022 was CNY 620,987,827.99, an increase from CNY 585,658,634.62 in the first half of 2021[169]. Cash Flow and Assets - The net cash flow from operating activities was -¥189,660,417.75, a significant decrease of 131.35% compared to ¥604,933,518.63 in the same period last year[23]. - The company's cash and cash equivalents decreased by 4.73% to CNY 456,187,351.69, accounting for 2.83% of total assets[56]. - The total assets at the end of the reporting period were ¥16,109,264,746.53, down 6.58% from ¥17,243,923,719.26 at the end of the previous year[23]. - The total liabilities of the company were CNY 3,536,579,504.21 as of June 30, 2022, a decrease from CNY 4,991,777,878.72 at the beginning of the year[154]. - The total cash inflow from operating activities was 1,709,874,956.28 CNY, an increase from 1,657,499,574.86 CNY year-over-year[179]. - The total financial products investment amounted to 426,813.51 million yuan, generating a profit of 6,393.35 million yuan during the reporting period[68]. Investments and Projects - The company added 112 new trust projects with a total scale of 38.301 billion yuan during the reporting period[35]. - The total trust asset scale as of June 30 was 202.604 billion yuan, reflecting a 1.64% increase since the beginning of the year[35]. - The company raised 28.5 billion yuan in funds, ranking among the top in the industry, with investment products accounting for 46.8% of the issuance scale[38]. - The company provided financing support of 19.845 billion yuan for major projects within the province[40]. - The company has implemented a dual-driven strategy of trust and proprietary business to enhance its operational structure[35]. Risk Management - The company has strengthened its risk management framework, ensuring that all actively managed products were safely redeemed upon maturity[42]. - The company has implemented a comprehensive risk management system to mitigate credit risk, including pre-assessment and ongoing monitoring[76]. - The company emphasized the importance of strengthening credit risk management capabilities and enhancing the selection and identification of counterparties[76]. - The company faced market risk due to adverse price fluctuations in interest rates, exchange rates, and financial products[77]. Corporate Governance and Strategy - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[5]. - The company has implemented a "talent strong enterprise" strategy to attract and retain high-end financial talent, enhancing its organizational effectiveness[46]. - The company has not experienced any major payment risks or significant asset losses during the reporting period[45]. - The company is focused on compliance with national policies and enhancing its risk compliance bottom line in its operations[81]. Community Engagement and Social Responsibility - The company provided a low-interest loan of 30 million yuan to a pharmaceutical distribution enterprise in Chunhua County, which has expanded its store count from 102 to 327, creating 25 local jobs and contributing 7.765 million yuan in taxes in the first half of 2022[97]. - The company has actively participated in poverty alleviation and rural revitalization efforts, including monitoring and reporting on poverty risks for 6 households in 2021 and 2 new households in 2022[95]. - The company established 6 charitable trusts, donating a total of 1.92 million yuan to support anti-epidemic efforts during the COVID-19 pandemic[99]. - The company has conducted financial education activities, receiving 6 complaints related to inclusive finance personal loans, primarily from Guangdong, Jiangxi, Sichuan, and Shaanxi[98]. Shareholder Information - The major shareholders include Shaanxi Coal and Chemical Group with a 34.58% stake and Shaanxi Jiaokong Asset Management with a 21.62% stake[136]. - The company plans to issue up to 1,189,203,853 new shares through a private placement, which has been approved by relevant authorities[125]. - The company did not undergo any changes in its controlling shareholder or actual controller during the reporting period[143]. - The company reported a 57.0022% investor participation rate in the first extraordinary general meeting of 2022[85].

Financial Performance - The company's operating revenue for Q1 2022 was ¥326,141,550.84, a decrease of 6.24% compared to ¥347,846,593.63 in the same period last year[3]. - Net profit attributable to shareholders was ¥175,985,752.48, reflecting a 1.82% increase from ¥172,831,589.63 year-on-year[3]. - The total assets at the end of the reporting period were ¥16,973,784,936.45, down 1.57% from ¥17,243,923,719.26 at the end of the previous year[3]. - The weighted average return on equity was 1.43%, a decrease of 0.02 percentage points from 1.45% in the previous year[3]. - Total operating income for Q1 2022 was CNY 326,141,550.84, down from CNY 347,846,593.63 in Q1 2021, a decrease of about 6.1%[19]. - Net profit for Q1 2022 was CNY 175,985,752.48, compared to CNY 172,831,589.63 in Q1 2021, reflecting a slight increase of 1.24%[21]. - Basic and diluted earnings per share rose to CNY 0.0444 from CNY 0.0436, an increase of 1.83%[22]. - Other comprehensive income after tax decreased by CNY 26,141,855.95, impacting overall profitability[21]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at ¥-311,772,656.18, a significant decline of 143.43% compared to ¥717,920,810.96 in the previous year[3]. - Cash inflow from operating activities totaled CNY 1,126,378,683.06, compared to CNY 1,237,434,131.49 in the previous year, a decline of about 9%[25]. - The ending balance of cash and cash equivalents was 722,988,359.83 CNY, down from 902,705,066.16 CNY in the previous period[27]. - The cash flow from operating activities showed a significant decline compared to the previous period, indicating potential operational challenges[26]. Investment and Income - The net interest income for Q1 2022 increased by 346.38% to ¥88,850,956.84 from ¥19,904,565.95 in the same period last year[5]. - Investment income rose by 364.20% to ¥42,511,162.27 compared to ¥9,157,941.50 in Q1 2021[5]. - The company reported a significant increase in investment income to CNY 42,511,162.27 from CNY 9,157,941.50, marking a growth of 365.5%[19]. - The company received 25,163,555.88 CNY in investment income, down from 47,845,652.24 CNY previously[26]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 91,593, with the largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holding 34.58% of shares, equating to 1,370,585,727 shares[8]. - The second largest shareholder, Shaanxi Jiaokong Asset Management Co., Ltd., holds 21.62% of shares, totaling 857,135,697 shares[8]. - The first and second largest shareholders are both state-owned enterprises, indicating a strong government influence in the company's ownership structure[10]. Liabilities and Equity - The total liabilities for the company increased, with a notable rise in lease liabilities by 174.52% due to new lease contracts signed[5]. - Total liabilities decreased to CNY 4,571,795,199.38 from CNY 4,991,777,878.72, a reduction of approximately 8.4%[17]. - The total equity attributable to shareholders increased to CNY 12,401,989,737.07 from CNY 12,252,145,840.54, an increase of approximately 1.21%[17]. Regulatory and Corporate Actions - The company plans to issue up to 1,189,203,853 shares of common stock through a non-public offering, which has been approved by the relevant authorities[11]. - The company received approval from the China Securities Regulatory Commission for its non-public stock issuance application on April 18, 2022[12]. - The company did not conduct an audit for the first quarter report[27]. Operational Challenges - The company experienced a 257.38% increase in credit impairment losses, amounting to ¥-9,204,592.16 compared to a gain of ¥5,848,750.84 in the previous year[7]. - The company reported a significant decrease in other business income, which fell by 96.60% to ¥36,666.67 from ¥1,076,855.32 year-on-year[7]. - There are no indications of significant market expansion or mergers and acquisitions activities reported in the current financial disclosures[10]. - The company has not disclosed any new product or technology developments in the current reporting period[10].

Financial Performance - The company's operating revenue for Q1 2022 was ¥326,141,550.84, a decrease of 6.24% compared to ¥347,846,593.63 in the same period last year[3] - Net profit attributable to shareholders was ¥175,985,752.48, representing a 1.82% increase from ¥172,831,589.63 year-on-year[3] - Basic earnings per share increased by 1.83% to ¥0.0444 from ¥0.0436 in the same period last year[3] - Total assets at the end of the reporting period were ¥16,973,784,936.45, down 1.57% from ¥17,243,923,719.26 at the end of the previous year[3] - Total operating revenue for Q1 2022 was CNY 326,141,550.84, a decrease of 6.1% compared to CNY 347,846,593.63 in Q1 2021[21] - Net profit for Q1 2022 was CNY 175,985,752.48, slightly up from CNY 172,831,589.63 in Q1 2021, reflecting a growth of 1.2%[23] - Basic earnings per share rose to CNY 0.0444 from CNY 0.0436, an increase of 1.8%[25] - The company's equity attributable to shareholders increased to CNY 12,401,989,737.07 from CNY 12,252,145,840.54, an increase of 1.2%[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥311,772,656.18, a significant decline of 143.43% compared to ¥717,920,810.96 in the previous year[3] - Cash inflow from operating activities totaled CNY 1,126,378,683.06, compared to CNY 1,237,434,131.49 in the same period last year, a decrease of 9.0%[26] - The company reported a significant decrease in cash flow from operating activities, indicating potential challenges in operational efficiency[28] - The ending balance of cash and cash equivalents was 722,988,359.83 CNY, down from 902,705,066.16 CNY in the previous year[30] - The company experienced a net decrease in cash and cash equivalents of 580,780,048.93 CNY during the quarter[28] Investment and Income - The company's interest income for Q1 2022 was ¥88,850,956.84, a substantial increase of 346.38% compared to ¥19,904,565.95 in Q1 2021[6] - Investment income rose to ¥42,511,162.27, marking a 364.20% increase from ¥9,157,941.50 year-on-year[6] - The company reported a significant increase in investment income to CNY 42,511,162.27 from CNY 9,157,941.50, a growth of 365.5%[21] Shareholder Information - The total number of common shareholders at the end of the reporting period is 91,593, with the largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holding 34.58% of shares[9] - The second largest shareholder, Shaanxi Jiaokong Asset Management Co., Ltd., holds 21.62% of shares, totaling 857,135,697 shares[9] - The first and second largest shareholders are both state-owned enterprises, indicating a strong government influence in the company's ownership structure[11] - The company has not reported any pledges, markings, or frozen shares among its top shareholders[9] Changes and Approvals - The company plans to issue up to 1,189,203,853 shares of common stock through a private placement, which has been approved by the relevant authorities[12] - The company has received approval from the China Securities Regulatory Commission for its private placement application on April 18, 2022[13] - The company has not disclosed any significant changes in its business strategy or new product developments during the reporting period[15] Other Financial Metrics - The fair value change loss was -¥121,107,861.23, worsening by 554.02% compared to -¥18,517,501.41 in the previous year[6] - The company experienced a 99.90% drop in asset disposal income, which decreased to ¥18,548.90 from ¥18,064,385.15 in the previous year[8] - The company reported a significant decrease in other business income, which fell by 96.60% to ¥36,666.67 from ¥1,076,855.32[8] - Total liabilities decreased to CNY 4,571,795,199.38 from CNY 4,991,777,878.72, a reduction of 8.4%[20] - The net cash flow from investing activities was -177,767,747.89 CNY, a decrease from 185,328,060.30 CNY year-over-year[28] - The cash inflow from investment activities decreased to 811,143,420.36 CNY from 1,016,522,137.80 CNY year-over-year[28] - The cash outflow related to financing activities increased significantly compared to the previous year, indicating higher financial obligations[28] - The company has not undergone an audit for the first quarter report, which may affect the reliability of the financial data presented[30]

Financial Performance - The company's operating revenue for 2021 was ¥1,908,556,376.16, a decrease of 10.22% compared to ¥2,125,822,543.78 in 2020[26]. - The net profit attributable to shareholders of the listed company was ¥732,224,654.54, an increase of 6.79% from ¥685,690,774.63 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥714,142,756.03, reflecting a 3.83% increase from ¥687,831,485.81 in 2020[28]. - The basic earnings per share for 2021 was ¥0.1847, up 6.76% from ¥0.1730 in 2020[28]. - The total assets of the company at the end of 2021 were ¥17,243,923,719.26, representing a 4.40% increase from ¥16,517,056,276.04 at the end of 2020[28]. - The net assets attributable to shareholders of the listed company increased to ¥12,252,145,840.54, a rise of 3.88% from ¥11,795,048,450.08 in 2020[28]. - The net cash flow from operating activities was negative at -¥1,569,804,475.67, a decline of 35.83% compared to -¥1,155,711,678.11 in 2020[28]. - The weighted average return on equity at the end of 2021 was 6.09%, an increase of 0.07 percentage points from 6.02% at the end of 2020[28]. - The first quarter revenue was ¥347,846,593.63, with a net profit of ¥172,831,589.63 attributable to shareholders[30]. - The company achieved an operating income of 1.909 billion yuan and a net profit of 732 million yuan, representing a year-on-year growth of 6.43% and 6.71% respectively[47]. Risk Management - The company has detailed its exposure to various risks including credit risk, market risk, operational risk, legal risk, and reputational risk[5]. - The company has outlined its strategic focus on risk management and compliance within its governance framework[5]. - The company has enhanced its risk management capabilities, implementing over 10 risk management guidelines for innovative businesses[52]. - A comprehensive risk management system was established, focusing on credit risk, market risk, operational risk, legal risk, and reputation risk, ensuring the company's stable development[200]. - The company implemented various risk management policies and guidelines, including the "Comprehensive Risk Management System" and "Credit Risk Management Measures," to strengthen risk assessment and control[200]. Governance and Compliance - The company emphasizes the importance of accurate and complete financial reporting, with management affirming the integrity of the annual report[3]. - The company has a commitment to transparency, with its annual report available on multiple platforms including the China Securities Journal and CNINFO[18]. - The company’s board of directors has approved the annual report, ensuring all members attended the meeting[4]. - The company adheres to a governance structure that ensures the protection of shareholder rights and compliance with regulations[102][106]. - The company has established six specialized committees within the board to enhance governance and oversight[103]. - The company operates independently from its largest shareholder, Shaanxi Coal and Chemical Industry Group, with complete separation in business, organization, personnel, finance, and assets[107]. - The company has established an independent financial management system and accounting framework, ensuring separate accounting and independent tax payments[107]. - The company has a complete and independent organizational structure, with no management members holding positions in the shareholder unit[107]. - The company has a commitment to maintaining operational independence and integrity in its governance structure[107]. Business Operations and Strategy - The company has undergone several changes in its business scope since its establishment, expanding into various financial services including asset restructuring and project financing[19]. - The company is involved in managing trust funds, movable and immovable property trusts, and investment fund operations[19]. - The company is focusing on transforming its business model in response to regulatory pressures, particularly in reducing non-standard financing[38]. - The company is actively engaged in various trust services, including debt, equity, and asset securitization trusts[41]. - The company aims to optimize its governance structure and enhance operational efficiency to support high-quality development[43]. - The company is exploring new business opportunities in infrastructure financing, influenced by recent regulatory changes[39]. - The company is actively pursuing new product development and technological advancements to strengthen its market position[120]. - The company aims to leverage its strong financial background to explore potential mergers and acquisitions for market expansion[124]. Employee and Talent Management - The company had a total of 631 employees at the end of the reporting period, with 266 in production, 149 in sales, 14 in technology, 28 in finance, and 174 in administration[183][185]. - The educational background of employees includes 23 with doctoral degrees, 362 with master's degrees, and 246 with bachelor's degrees or other qualifications[185]. - The company has established a competitive salary and benefits system, implementing deferred payment for performance-based salaries to enhance employee motivation[186]. - The company has optimized its organizational and talent management mechanisms to attract and retain high-end financial talent[46]. Financial Investments and Assets - The company generated interest income from loans amounting to ¥524,868,521.05, indicating that lending is a core business activity[33]. - The fair value changes of trading financial assets resulted in a gain of ¥131,170,665.81, reflecting the company's active investment strategy[33]. - The company reported a total investment in financial products amounting to 481,141.16 million CNY, with a total profit and loss of 1,513.69 million CNY for the period[88]. - The company’s total bond investment at the end of the period was 935,730,171.33 CNY[84]. - The company reported a fair value change of 304,791,962.28 CNY for other securities held at the end of the period[84]. Shareholder Engagement - The participation rate for the first extraordinary general meeting of shareholders in 2021 was 57.22%[109]. - The participation rate for the annual general meeting of shareholders in 2020 was 56.62%[109]. - The company received a total of 598 individual inquiries and communications during the reporting period[99]. - Independent directors actively participated in major decision-making and provided independent opinions on strategic planning and significant investments[148]. Future Plans and Development - The company plans to focus on the "14th Five-Year Plan" to improve comprehensive risk management and wealth management capabilities[97]. - The company is committed to enhancing its anti-money laundering risk management strategies and policies[155]. - The company is focused on improving its risk management culture and internal control systems[155]. - The company is actively working on a green finance development plan to align with sustainable financial practices[181].

Financial Performance - Operating revenue for Q3 2021 decreased by 15.11% year-on-year, totaling ¥1,474,287,319.87[5] - Net profit attributable to shareholders increased by 11.70% year-on-year, reaching ¥584,268,458.76[5] - Net profit excluding non-recurring gains and losses rose by 9.93% year-on-year, amounting to ¥566,110,785.52[5] - Total assets decreased by 6.32% year-on-year, totaling ¥15,473,349,008.08[7] - Shareholders' equity attributable to the parent company increased by 2.62% year-on-year, reaching ¥12,104,550,851.99[7] - Investment income dropped by 57.38% year-on-year, totaling ¥139,094,274.71 due to a reduction in structured entities[11] - Other income increased significantly by 692.92% year-on-year, amounting to ¥6,133,103.08, primarily from policy subsidies[11] - The company reported a significant increase in tax payable by 384.85% year-on-year, totaling ¥156,487,575.62[11] - The company disposed of assets with a gain of ¥18,032,025.61, a substantial increase of 174,557.34% compared to the previous year[12] - Total operating revenue for the period was CNY 1,474,287,319.87, a decrease of 5.23% compared to CNY 1,555,993,127.82 in the previous period[20] - Net profit attributable to shareholders of the parent company reached CNY 584,268,458.76, an increase of 8.59% from CNY 538,067,808.49 in the prior period[21] - Total assets amounted to CNY 15,473,349,008.08, down from CNY 16,517,056,276.04 in the previous period, reflecting a decrease of 6.31%[20] - The company's equity attributable to shareholders totaled CNY 12,104,550,851.99, an increase from CNY 11,795,048,450.08, representing a growth of 2.62%[20] - The net interest income for the period was CNY 174,301,780.99, up from CNY 145,061,598.64, indicating a growth of 20.19%[20] - The company reported a decrease in total operating expenses to CNY 698,868,326.81, down from CNY 834,508,095.99, a reduction of 16.25%[20] - Basic earnings per share increased to CNY 0.1474 from CNY 0.1357, reflecting a growth of 12.54%[21] - Deferred tax assets rose to CNY 328,758,314.12, compared to CNY 273,066,969.50 in the previous period, an increase of 20.47%[20] - Other comprehensive income after tax showed a loss of CNY 155,933,851.64, compared to a gain of CNY 250,914,348.87 in the prior period[21] Cash Flow and Investments - Cash flow from operating activities showed a net outflow of ¥179,656,770.35, a decrease of 233.58% compared to the previous year[7] - The net cash flow from operating activities was -179,656,770.35 CNY, compared to 134,494,895.26 CNY in the previous year, indicating a decline in operational performance[25] - The total cash inflow from investment activities reached 3,573,512,755.97 CNY, an increase from 3,131,451,100.83 CNY year-over-year[25] - The net cash flow from investment activities was 529,448,793.61 CNY, up from 450,491,349.56 CNY in the same period last year[25] - The cash inflow from recovering investments was 3,271,763,004.23 CNY, significantly higher than 1,470,387,623.63 CNY in the previous year[25] - The total cash inflow from financing activities was 1,190,000,000.00 CNY, down from 1,820,000,000.00 CNY year-over-year[26] - The net increase in cash and cash equivalents was 39,642,762.50 CNY, compared to 408,148,803.87 CNY in the previous year, reflecting a significant decrease[26] Shareholder Information - The total number of common shareholders at the end of the reporting period was 95,046[13] - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 34.58% of shares, totaling 1,370,585,727 shares[13] - The second-largest shareholder, Shaanxi Expressway Construction Group Co., Ltd., holds 21.62% of shares, totaling 857,135,697 shares[13] - Shaanxi Expressway Construction Group Co., Ltd. intends to transfer its 857,135,697 shares (21.62% of total shares) to Shaanxi Transportation Holding Group Co., Ltd. without compensation[17] - The company plans to issue up to 1,189,203,853 new ordinary shares through a private placement, subject to regulatory approval[15] Asset and Liability Management - Total liabilities decreased to CNY 3,368,798,156.09, a reduction of 28.73% compared to CNY 4,722,007,825.96 in the previous period[20] - The total liabilities amounted to 4,722,007,825.96 CNY, a decrease from 4,749,199,592.46 CNY year-over-year[29] - The total assets as of the end of the reporting period were 16,517,056,276.04 CNY, slightly down from 16,544,248,042.54 CNY[29] - The company's financial investments decreased from approximately 8.6 billion RMB at the end of 2020 to approximately 6.85 billion RMB by September 30, 2021[18] - The company's total loans and advances increased from approximately 4.73 billion RMB at the end of 2020 to approximately 6.28 billion RMB by September 30, 2021[18] - The company reported a significant decrease in trading financial assets from approximately 3.18 billion RMB to approximately 3.67 billion RMB[18] Other Information - The company has not disclosed any new product or technology developments in the current report[17] - The company executed a new leasing standard starting January 1, 2021, which adjusted the right-of-use assets by 29,549,345.22 CNY[27]

Financial Performance - The company's operating income for the first half of 2021 was CNY 939,408,114.72, representing a 1.46% increase compared to CNY 925,876,433.81 in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was CNY 439,043,723.14, which is a 7.59% increase from CNY 408,058,348.09 year-on-year[19]. - The basic earnings per share for the first half of 2021 was CNY 0.1108, up 7.68% from CNY 0.1029 in the same period last year[19]. - The total profit reached 586 million yuan, up 7.03% year-on-year[30]. - The company achieved operating revenue of 939 million yuan, a 1.46% increase compared to the same period last year[29]. - The net income from trust main business fees and commissions was 626 million yuan[30]. - The company reported a significant increase in loan interest income, amounting to CNY 230,433,898.85, which is considered part of its main business operations[23]. Cash Flow and Assets - The net cash flow from operating activities improved significantly to CNY 604,933,518.63, compared to a negative cash flow of CNY -632,348,701.82 in the previous year, marking a 195.66% increase[19]. - Total assets at the end of the reporting period were CNY 15,711,896,699.73, a decrease of 4.87% from CNY 16,517,056,276.04 at the end of the previous year[19]. - The company's cash and cash equivalents increased to CNY 564,665,200.43 from CNY 433,396,111.56 year-over-year[139]. - The total liabilities decreased to CNY 3,635,434,828.46 from CNY 4,722,007,825.96 at the end of 2020, indicating a reduction in financial obligations[141]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[5]. - The first extraordinary general meeting of 2021 had an investor participation rate of 57.22%[63]. - The annual general meeting for 2020 had an investor participation rate of 56.62%[63]. - The company distributed CNY 118,920,385.38 to shareholders during the reporting period, indicating a focus on returning value to investors[185]. Risk Management - The company has implemented a comprehensive risk management system to mitigate credit risk, including pre-assessment and ongoing monitoring[58]. - The company’s strategic focus includes enhancing its risk management framework and internal control mechanisms, which have shown effective results[36]. - The company has strengthened its credit risk management capabilities by setting annual business strategies and entry standards[58]. Corporate Social Responsibility - The company provided a low-interest loan of 30 million yuan to a pharmaceutical distribution enterprise in Chunhua County, which has increased its store count from 102 to 289, creating 35 local jobs and contributing 7.85 million yuan in taxes in the first half of 2021[74]. - The company invested nearly 8 billion yuan in infrastructure construction for the 14th National Games and donated 10 million yuan to the event and the Special Olympics[76]. - The company established a charity trust to support flood relief efforts in Henan Province following severe rainfall in July 2021[76]. - The company has actively engaged in rural revitalization efforts, including sending essential supplies to low-income households during the Spring Festival[74]. Management and Governance - The company has experienced changes in senior management, with the resignation of the Vice President and the Marketing Director due to retirement and personal reasons, respectively[65]. - The company emphasizes compliance with laws and regulations to mitigate compliance risks and ensure safe operations[60]. - The company has no equity incentive plans or employee stock ownership plans in place during the reporting period[68]. Financial Investments - The company’s financial investments totaled CNY 8,123,413,147.16, down from CNY 8,598,533,639.84 at the end of 2020[139]. - The company reported a total of ¥3,176,993,417.26 in trading financial assets at the beginning of the period, with a year-end balance of ¥3,391,063,658.41[44]. - The total amount of financial products is CNY 717,381.84 million, with a total profit and loss of CNY 14,732.47 million for the current period[52]. Future Plans and Development - The company has plans for market expansion and new product development, although specific figures and timelines were not disclosed in the report[186]. - The company is focusing on enhancing its technological capabilities, which may lead to new product offerings in the future[186].

Financial Performance - The company's operating revenue for 2020 was ¥2,125,822,543.78, representing a 21.08% increase from ¥1,755,654,630.76 in 2019[26]. - The net profit attributable to shareholders for 2020 was ¥685,690,774.63, up 17.91% from ¥581,527,983.85 in 2019[26]. - The net profit after deducting non-recurring gains and losses was ¥687,831,485.81, an increase of 18.32% compared to ¥581,317,454.05 in 2019[26]. - The basic earnings per share for 2020 was ¥0.1730, reflecting a 17.93% increase from ¥0.1467 in 2019[26]. - The total assets at the end of 2020 were ¥16,517,056,276.04, a 12.62% increase from ¥14,666,736,402.38 at the end of 2019[26]. - The net assets attributable to shareholders at the end of 2020 were ¥11,795,048,450.08, up 7.45% from ¥10,977,363,711.96 at the end of 2019[26]. - The net cash flow from operating activities for 2020 was -¥1,155,711,678.11, an improvement of 17.56% from -¥1,401,958,227.00 in 2019[26]. - The weighted average return on equity for 2020 was 6.02%, an increase of 0.56 percentage points from 5.46% in 2019[26]. - The company reported a total non-operating loss of ¥2,140,711.18 in 2020, compared to a gain of ¥210,529.80 in 2019[32]. - The company generated interest income from loans to non-financial enterprises amounting to ¥436,959,751.74, classified as regular operating income[32]. Dividend Distribution - The company plans to distribute a cash dividend of 0.30 CNY per 10 shares (including tax) based on the total share capital at the end of 2020, with no bonus shares issued[5]. - The company's net profit for 2020 was CNY 685,690,774.63, with a proposed cash dividend of CNY 118,920,385.38, representing 17.34% of the net profit[91]. - The total number of shares for the cash dividend distribution is 3,964,012,846, with a proposed dividend of CNY 0.30 per 10 shares (tax included)[93]. - The cash dividend for 2020 is fully supported by the company's distributable profits of CNY 582,837,158.44[95]. - The company has maintained a consistent cash dividend policy, ensuring stable returns for shareholders[89]. Business Operations and Strategy - The company has undergone changes in its main business operations, focusing on entrusted fund management, asset restructuring, and financial consulting services[16]. - The company actively transformed and innovated its trust business, including debt trust, equity trust, and asset securitization trust during the reporting period[35]. - The company plans to focus on high-quality development and risk management, adapting to the regulatory environment and market changes[75]. - The 2021 operational plan includes enhancing trust culture and solidifying the main business profitability model through diversified service offerings[76]. - The company aims to transform its wealth management headquarters from a "cost center" to a "profit center," enhancing customer service capabilities through technology[77]. - The strategic focus will be on expanding real estate trust and exploring innovative government platform trusts to strengthen the income from fixed-income products[78]. - The company will optimize its internal management in line with the "14th Five-Year Plan," enhancing risk management and asset management capabilities[78]. Risk Management - The company has identified various risks including policy, market, and credit risks, which are detailed in the report[5]. - The company implemented over 50 risk management regulations to enhance its comprehensive risk management system[42]. - The company emphasizes the importance of investor awareness regarding forward-looking statements and associated risks[4]. Corporate Governance and Compliance - The company has reported a commitment to ensuring the accuracy and completeness of its financial reports, with key personnel affirming the integrity of the annual report[3]. - The company has established a comprehensive information disclosure system, utilizing multiple media outlets for transparency[15]. - The company has not disclosed any significant undisclosed information during the period of investor communications[83]. - The company has conducted 169 investor communications during the reporting period[83]. - The audit firm, Xinyong Zhonghe, has been retained for four consecutive years, with an audit fee of 600,000 RMB[108]. - The company has not faced any bankruptcy reorganization or delisting risks during the reporting period[109]. - There were no non-operating fund occupations by the controlling shareholder or its affiliates during the reporting period[102]. - The company has ensured that all commitments made by the board and senior management have been fulfilled on time[100]. Social Responsibility and Community Engagement - The company invested a total of 1.063 million yuan in poverty alleviation efforts, helping 318 registered impoverished individuals to escape poverty[132]. - The company supported the establishment of 265 stores for a local pharmacy, generating over 30 million yuan in annual profits and contributing over 2.3 million yuan in taxes[131]. - In 2020, the company invested CNY 35.8 million in poverty alleviation projects, helping 318 registered impoverished individuals[134]. - The company provided vocational training for 400 individuals, with no financial investment reported in this area[134]. - The total amount invested in health-related poverty alleviation resources was CNY 37 million[134]. - The company received recognition as an outstanding enterprise in poverty alleviation efforts from the Shaanxi Provincial State-owned Assets Supervision and Administration Commission[136]. - The company plans to continue its poverty alleviation initiatives in 2021, focusing on preventing the return of poverty and supporting key demographics[137]. Shareholder Information - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 34.58% of the shares, totaling 1,370,585,727 shares[179]. - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 1,370,585,727 shares, accounting for 63.14% of the company's equity[186]. - The second largest shareholder, Shaanxi Provincial Highway Construction Group Co., Ltd., holds 857,135,697 shares[186]. - Central Huijin Asset Management Co., Ltd. holds 52,069,680 shares, representing 1.31% of the total shares[186]. - Individual shareholder Yang Jie holds 36,514,300 shares, which is 0.92% of the total shares[186]. - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[190]. - The company’s actual controller is the Shaanxi Provincial Government State-owned Assets Supervision and Administration Commission[194]. - The company has not experienced any changes in its controlling shareholder during the reporting period[193]. - The company has not disclosed any related party transactions among the top 10 shareholders[185].

Financial Performance - Operating revenue for Q1 2021 was CNY 347,846,593.63, a decrease of 14.94% compared to CNY 408,946,780.08 in the same period last year[7] - Net profit attributable to shareholders was CNY 172,831,589.63, down 17.86% from CNY 210,413,218.61 year-on-year[7] - Net profit excluding non-recurring gains and losses was CNY 158,469,062.98, a decline of 25.83% compared to CNY 213,667,537.32 in the previous year[7] - The total comprehensive income for Q1 2021 was CNY 172,831,589.63, compared to CNY 125,790,419.16 in Q1 2020, an increase of 37.4%[51] - Earnings per share for Q1 2021 were CNY 0.0436, down from CNY 0.0531 in Q1 2020, a decline of 17.7%[53] - The company’s total profit for Q1 2021 was ¥230.66 million, a decrease of 17.8% from ¥280.66 million in Q1 2020[56] Cash Flow and Liquidity - Net cash flow from operating activities increased significantly to CNY 717,920,810.96, compared to a negative cash flow of CNY -229,499,096.92 in the same period last year, representing a 412.82% improvement[7] - Cash and cash equivalents increased by 108.29% to ¥902,705,066.16 from ¥433,396,111.56 due to the maturity of investment trust products[19] - The company reported a significant increase in cash received from interest, fees, and commissions, totaling ¥466.17 million in Q1 2021, up from ¥388.54 million in Q1 2020[59] - The cash and cash equivalents at the end of Q1 2021 were ¥902.71 million, an increase from ¥845.31 million at the end of Q1 2020[60] - The company continues to maintain a strong liquidity position with cash and cash equivalents increasing by CNY 138,006,421.52 during the quarter[63] Assets and Liabilities - Total assets at the end of the reporting period were CNY 15,900,846,810.03, a decrease of 3.73% from CNY 16,517,056,276.04 at the end of the previous year[7] - The total assets decreased from CNY 16,517,056,276.04 at the end of 2020 to CNY 15,900,846,810.03, a decline of about 3.7%[43] - The company's debt total decreased from CNY 4,722,007,825.96 to CNY 3,932,966,770.32, indicating a reduction of approximately 16.7%[43] - Total liabilities decreased to CNY 1,990,825,167.45 in Q1 2021 from CNY 2,483,330,165.77 in Q4 2020, a reduction of 19.8%[46] - Total liabilities amounted to CNY 2,483,330,165.77, a decrease of CNY 27,191,766.50 compared to the previous period[69] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 102,890[10] - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., held 34.58% of the shares, totaling 1,370,585,727 shares[10] - Net assets attributable to shareholders increased to CNY 11,967,880,039.71, up 1.47% from CNY 11,795,048,450.08 at the end of the previous year[7] - The company's total equity attributable to shareholders increased to CNY 11,967,880,039.71 in Q1 2021 from CNY 11,795,048,450.08 at the end of 2020, an increase of 1.5%[46] Investment and Income - Net interest income decreased by 71.82% to ¥19,904,565.95 from ¥70,637,810.16, attributed to increased interest payments by consolidated structured entities[19] - Investment income fell by 78.77% to ¥9,157,941.50 from ¥43,140,412.22, impacted by the capital market conditions affecting secondary market stock investments[19] - The trust products in debt investment amounted to CNY 89,104.73 million, generating a profit of CNY 209.04 million[32] - Cash inflow from investment activities totaled CNY 553,479,260.92, a decrease of 9.3% compared to CNY 610,393,397.85 in the previous year[63] Regulatory and Compliance - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[36] - The company has not reported any violations regarding external guarantees during the reporting period[35] - The company did not conduct an audit for the first quarter report[70] Strategic Initiatives - The company plans to issue up to 1,189,203,853 shares of common stock through a private placement, pending regulatory approvals[22] - The company is focusing on business layout and strategic positioning, as discussed in communications with stakeholders[37] - The company implemented new leasing standards on January 1, 2021, leading to the recognition of right-of-use assets and lease liabilities[19] - The company reported an increase in right-of-use assets by CNY 29,549,300 following the implementation of new leasing standards[69]

Financial Performance - Net profit attributable to shareholders rose by 16.85% to CNY 130,009,460.40 for the reporting period[7] - Operating income for the period reached CNY 630,116,694.01, reflecting a growth of 35.94% year-on-year[7] - Basic earnings per share increased by 16.73% to CNY 0.0328[7] - Total operating revenue for Q3 2020 was CNY 630,116,694.01, an increase of 35.9% from CNY 463,521,764.18 in the same period last year[54] - Net profit for Q3 2020 was CNY 130,009,460.40, an increase of 16.8% from CNY 111,261,688.33 in the previous year[56] - The total profit for Q3 2020 was CNY 715,973,662.39, an increase from CNY 597,376,843.10 in Q3 2019, representing a growth of approximately 19.8%[73] - The total comprehensive income for Q3 2020 was CNY 788,982,157.36, significantly higher than CNY 504,075,626.59 in Q3 2019, reflecting a growth of approximately 56.5%[73] Assets and Liabilities - Total assets increased by 16.38% to CNY 17,068,450,807.45 compared to the end of the previous year[7] - The total amount of debt investments increased by 43.46% to CNY 4,688,691,767.74 from CNY 3,268,215,695.73 year-on-year[20] - The total liabilities increased by 50.10% to CNY 4,758,683,847.88, primarily due to the increase in shares belonging to other entrusted parties in consolidated structured entities[20] - The total liabilities increased to CNY 5,421,025,323.51 from CNY 3,689,372,690.42, reflecting a growth of around 47%[46] - Shareholders' equity totaled CNY 11,647,425,483.94, up from CNY 10,977,363,711.96, which is an increase of about 6.1%[49] Cash Flow - Cash flow from operating activities surged by 172.36% to CNY 766,843,597.08 compared to the same period last year[7] - The net cash flow from operating activities improved by 107.73%, reaching CNY 134,494,895.26, a significant recovery from a negative cash flow of CNY -1,738,833,223.88 in the previous year[20] - Cash inflows from operating activities totaled CNY 1,567,828,316.40, up from CNY 1,218,639,406.62 in the previous year, indicating an increase of about 28.6%[75] - Cash outflows from operating activities decreased to CNY 1,433,333,421.14 from CNY 2,957,472,630.50, resulting in a net cash flow from operating activities of CNY 134,494,895.26, a turnaround from a negative cash flow in the previous year[75] - The net cash flow from investment activities decreased by 51.28% to CNY 450,491,349.56, compared to CNY 924,606,104.57 in the previous year[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 109,405[10] - The largest shareholder, Shaanxi Coal and Chemical Industry Group, holds 34.58% of the shares[10] Other Income and Expenses - The company reported a non-operating income of CNY 773,483.02 from government subsidies[9] - The company reported a 58.19% increase in taxes payable, amounting to CNY 184,496,875.84, attributed to higher income and taxable profits[20] - The company experienced a credit impairment loss of CNY 268,071,290.91, which was higher than CNY 233,649,539.54 in the same period last year[54] - The company reported a significant increase in fair value changes, with gains of CNY 98,860,807.16 compared to CNY 2,316,706.08 in the previous year[61] Comprehensive Income - Other comprehensive income surged by 238.77% to CNY 356,000,200.99, driven by the increase in fair value of equity investments in financial enterprises[20] - Other comprehensive income after tax amounted to CNY 250,914,348.87, significantly higher than CNY 44,939,122.65 in the previous year[67] Regulatory and Legal Matters - The company has taken legal actions to protect the interests of trust beneficiaries due to loan defaults by certain companies, including asset seizures and claims for debt recovery[23] - The company has no significant related party transactions among its top shareholders[14] - There were no violations regarding external guarantees during the reporting period[35] - The company reported no non-operating fund occupation by controlling shareholders or related parties during the reporting period[36] - The company has not engaged in entrusted wealth management during the reporting period[34] - The company has not made any significant contracts in daily operations during the reporting period[34] - The third-quarter report was not audited, which may affect the reliability of the financial data presented[86]