Financial Performance - The company's operating revenue for 2018 was ¥1,588,519,062.71, a decrease of 0.91% compared to ¥1,603,168,965.16 in 2017[19]. - The net profit attributable to shareholders was -¥878,214,551.22, representing a significant decline of 4,205.25% from ¥21,392,486.12 in the previous year[19]. - The net cash flow from operating activities was -¥316,994,086.27, a decrease of 287.07% compared to ¥169,455,600.87 in 2017[20]. - The total assets at the end of 2018 were ¥4,228,197,978.70, down 18.36% from ¥5,179,075,656.13 at the end of 2017[20]. - The net assets attributable to shareholders decreased by 39.18% to ¥1,326,828,920.73 from ¥2,181,610,892.57 in 2017[20]. - The company reported a basic earnings per share of -¥1.0788, a decline of 4,201.90% from ¥0.0263 in 2017[20]. - The company reported a net profit of -48,294,726.87 yuan for the fiscal year 2018, resulting in a total distributable profit of 691,042,921.66 yuan, which will be carried forward without any dividend distribution[130]. - The company reported a total revenue of 3,000 million CNY for the year 2018, reflecting a year-on-year increase of 15%[162]. - The net profit attributable to shareholders was 400 million CNY, representing a growth of 10% compared to the previous year[163]. Business Strategy and Operations - The company has transitioned its main business focus to the food industry, coal mining, and logistics transportation since 2016, following the acquisition of Uruguayan beef assets[17]. - The company's main business revenue has shifted from coal mining to the food industry, reflecting a strategic pivot in operations[17]. - The company operates in the beef food, coal, and logistics industries, with significant operations in beef import and trade from Argentina and Uruguay[29]. - The company aims to establish a complete supply chain from overseas beef sourcing to domestic processing, enhancing its competitive edge in the beef market[104]. - The company plans to enhance its internal control system and strengthen fund management to prevent future fund occupation by major shareholders[54]. - The company aims to ensure positive operating cash flow and address funding issues as a core focus for 2019[110]. - The company is focusing on enhancing supply chain logistics and developing cold chain logistics services[109]. - The company plans to invest a total of 1.23 billion yuan in 2019, primarily for food import trade, mine construction, and debt repayment[114]. Legal and Compliance Issues - The company faced significant internal control deficiencies, as indicated by the negative opinion in the internal control audit report[5]. - The company is under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure laws[54]. - The company is actively investigating potential violations of laws and regulations related to fund occupation and guarantees by major shareholders[153]. - The company received a non-standard audit report from Lixin Accounting Firm for the 2018 financial statements, indicating unresolved issues[154]. - The company has ongoing litigation related to a traffic accident, with a court ruling that the insurance company must cover CNY 20,000 in damages[161]. - The company is currently involved in multiple legal disputes, with some cases still in progress and others resolved[160][161]. Debt and Financial Obligations - The company faced a significant financial challenge with debts totaling ¥9.51 billion due within one year, leading to negative operating capital[54]. - The company has outstanding debts totaling 20 million CNY, with 5 million CNY remaining unpaid as of the report date[177]. - The company borrowed 10 million CNY from Chen Jianjun, with 1 million CNY in interest and penalties due by January 31, 2019, and 500,000 CNY remains unpaid as of the report date[178]. - The company has an outstanding loan of 10 million CNY from Shanghai Hefu Industrial Co., Ltd., with 8.5 million CNY remaining unpaid as of the report date[179]. - The company has a total of 30 million CNY in commercial acceptance bills that have not been paid as of the report date[181]. Related Party Transactions - The total amount of related party transactions executed during the reporting period was approximately 48,000,000 RMB, aligning closely with the company's forecasts[188]. - The company engaged in significant related party transactions with its wholly-owned subsidiary, resulting in a transaction amount of 9,955,200 RMB, representing 39.93% of similar transaction amounts[186]. - The company has maintained a competitive pricing strategy, ensuring that transaction prices are comparable to market rates[187]. - The company’s related party transactions are conducted based on market principles and do not harm the interests of the company or other non-related parties[195]. Market and Industry Trends - In 2018, China's beef imports reached 1.039 million tons, a year-on-year increase of 21.12%[31]. - The total social logistics volume in China for 2018 was 283.1 trillion yuan, growing by 6.4% compared to the previous year[32]. - The coal production in China for 2018 was 3.55 billion tons, with a year-on-year growth of 5.2%[32]. - The beef industry in China is expected to see continuous growth in consumption, with the potential for the market to double if per capita consumption reaches the global average of 10 kg[102]. - The coal industry faces challenges with declining demand and overcapacity, but the company has a market advantage with its specific coal type (long flame coal)[106]. Investment and Asset Management - The company completed the transfer of stakes in several non-core assets, recovering CNY 257 million in funds[51]. - The company has committed to invest no less than CNY 2 billion in large-scale coal chemical projects within three years after acquiring state-owned equity[132]. - The company sold its 51% stake in Tianjin Electric Vehicle Co., resulting in a disposal gain of RMB 3.5927 million[190]. - The company aims to exit the electric vehicle industry to recover funds for its operations[190]. Governance and Shareholder Relations - The independent directors have fulfilled their responsibilities in the decision-making process regarding the cash dividend policy, ensuring a robust governance framework[124]. - The company has committed to ensuring that any related party transactions are conducted at fair market prices and disclosed in a timely manner[134]. - The company has pledged to not engage in any activities that could harm its interests or those of its shareholders[136]. - The company has maintained a good credit status, with no major civil lawsuits or administrative penalties related to the securities market in the last five years[138].

Financial Performance - The company's operating revenue for Q1 2019 was ¥321,874,035.90, a decrease of 23.22% compared to ¥419,193,402.16 in the same period last year[8] - The net profit attributable to shareholders of the listed company was -¥31,412,565.29, representing a decline of 272.24% from ¥18,237,847.85 in the previous year[8] - The basic earnings per share were -¥0.0386, down 272.32% from ¥0.0224 in the previous year[8] - Revenue for Q1 2019 was RMB 321.87 million, a decrease of 23.22% compared to RMB 419.19 million in Q1 2018[16] - Operating profit for Q1 2019 was RMB -24.36 million, a decline of 172.82% from RMB 33.45 million in Q1 2018[16] - The company's net loss for Q1 2019 was CNY 23,105,586.16, compared to a profit in the same period last year[55] - The total profit before tax was -22,925,524.18, compared to 33,248,114.33 in the previous year[57] - The comprehensive income totalled -33,313,757.56, compared to 35,692,194.39 in the previous year[58] Cash Flow - The net cash flow from operating activities was -¥9,132,012.84, a decrease of 207.13% compared to ¥8,523,847.59 in the same period last year[8] - Cash flow from operating activities for Q1 2019 was RMB -9.13 million, a decrease of 207.13% compared to RMB 8.52 million in Q1 2018[20] - Cash flow from financing activities showed a net outflow of RMB -122.84 million in Q1 2019, a 27.01% improvement from RMB -168.31 million in Q1 2018[20] - The net cash flow from financing activities was -122,842,176.29 CNY, compared to -168,307,392.07 CNY in the previous year, indicating a reduced outflow[66] - The cash flow from operating activities showed a net inflow of 5,540,425.88 CNY for the current period, contrasting with a net outflow of -41,477,474.78 CNY in the previous year[69] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,032,623,759.36, a decrease of 4.63% from ¥4,228,197,978.70 at the end of the previous year[8] - The net assets attributable to shareholders of the listed company were ¥1,286,760,043.67, down 3.02% from ¥1,326,828,920.73 at the end of the previous year[8] - Total liabilities decreased to CNY 513,647,772.85 in Q1 2019 from CNY 530,580,058.42 in the previous quarter[53] - The company's total equity as of March 31, 2019, was CNY 1,928,813,872.25, down from CNY 1,936,833,706.68 at the end of 2018[54] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 93,534[12] - The largest shareholder, Shenzhen Shangheng Guantong Investment Enterprise, held 10.99% of the shares, totaling 89,481,652 shares[12] Government Support and Guarantees - The company received government subsidies amounting to ¥2,720,060.24 during the reporting period[9] - The total amount of guarantees provided by the company reached 31,622.7 million, accounting for 23.84% of the latest audited net assets[36] - The company has acknowledged the existence of external guarantees, which may pose risks[34] Operational Challenges - The company reported no significant new product developments or market expansion strategies during the quarter[15] - The company has frozen bank accounts and assets, impacting its credit status and operational management, with a total of 13.26万元 frozen due to violations of guarantees[26] - The company is actively negotiating repayment plans with creditors and is exploring asset disposals and financing options to raise funds[26] - The company has reported a potential significant change in net profit for the period from January to June 2019, indicating possible losses compared to the previous year[30] Inventory and Receivables - The cash and cash equivalents decreased by 69.09% to RMB 112.24 million at the end of Q1 2019 from RMB 363.07 million at the beginning of the year[24] - The company has a receivable amount of 134,458.38 million, which is greater than the sales-generated receivables[39] - Inventory rose to CNY 172.94 million from CNY 164.77 million, indicating an increase of approximately 4.0%[46] Future Plans - The company plans to focus on cost control and efficiency improvements in the upcoming quarters[55] - The company is exploring new market opportunities and potential acquisitions to drive future growth[55] - The board plans to conduct due diligence on Hengyang Cattle Industry and develop a repayment plan within three months[40]

新大洲控股股份有限公司 2019 年第一季度报告全文 公司董事会、监事会及全体董事、监事、高级管理人员声明：鉴于经公司 自查及审计发现，公司存在为第一大股东及其关联方违规担保和被资金占用的 情形，立信会计师事务所（特殊普通合伙）出具无法表示意见的《审计报告及 财务报表 2018 年度》和否定意见的《内部控制审计报告 2018 年 12 月 31 日》， 根据《证券法》第六十八条的要求，本人作为新大洲控股股份有限公司的董事、 监事、高级管理人员，对公司 2019 年第一季度报告中披露的存在为第一大股东 及其关联方违规担保和被资金占用的内容无法保证内容真实、准确、完整，对 其他内容保证内容真实、准确、完整，不存在任何虚假记载、误导性陈述或者 重大遗漏。请投资者特别注意。 除下列董事外，其他董事亲自出席了审议本次季报的董事会会议 | 未亲自出席董事姓名 | 未亲自出席董事职务 | 未亲自出席会议原因 | 被委托人姓名 | | --- | --- | --- | --- | | 陈敏 | 董事 | 公务原因 | 孙鲁宁 | | 周清杰 | 独立董事 | 公务原因 | 徐家力 | 新大洲控股股份有限公司 2019 年第 ...

所有董事均已出席了审议本次季报的董事会会议。 新大洲控股股份有限公司 2018 年第三季度报告正文 证券代码：000571 证券简称：新大洲Ａ 公告编号：定 2018-03 新大洲控股股份有限公司 2018 年第三季度报告正文 1 新大洲控股股份有限公司 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。 公司负责人王磊、主管会计工作负责人许树茂及会计机构负责人(会计主管 人员)陈天宇声明：保证季度报告中财务报表的真实、准确、完整。 2 新大洲控股股份有限公司 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 □ 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） | 5,402,576,735.89 | 5,179,075,656.13 | | 4.32% | | 归属于上市公 ...

Financial Performance - The company's operating revenue for the reporting period was ¥923,344,832.45, representing a 99.34% increase compared to ¥463,192,998.77 in the same period last year[16]. - The net profit attributable to shareholders of the listed company decreased by 31.86% to ¥33,016,946.63 from ¥48,453,241.50 year-on-year[16]. - The net cash flow from operating activities was negative at ¥-218,081,829.66, a decline of 216.01% compared to ¥187,987,363.87 in the previous year[16]. - The total assets at the end of the reporting period increased by 9.59% to ¥5,675,948,074.89 from ¥5,179,075,656.13 at the end of the previous year[16]. - The net assets attributable to shareholders of the listed company rose by 1.89% to ¥2,222,802,016.31 from ¥2,181,610,892.57 at the end of the previous year[16]. - The basic earnings per share decreased by 31.76% to ¥0.0406 from ¥0.0595 in the same period last year[16]. - The company reported a significant improvement in net profit excluding non-recurring gains and losses, which was ¥-3,872,001.69, compared to ¥-51,867,194.27 in the previous year, reflecting a 92.53% improvement[16]. - The company reported a significant decrease in investment income of CNY 41.68 million, down 68.80% year-on-year, primarily due to reduced equity transfer gains[44]. - The company’s total comprehensive income for the first half of 2018 was CNY 54,828,445.25, compared to CNY 25,192,792.60 in the previous year, representing an increase of approximately 117.5%[167]. Business Segments - The company operates in three main sectors: beef food, coal, and logistics, with significant coal production capacities of 150,000 tons and 120,000 tons from Yaxing Coal Mine and Shengli Coal Mine respectively[24]. - The beef business includes import trade, retail, and slaughtering, with partnerships ensuring quality supply from Uruguay and Argentina[24]. - The company acquired 100% stakes in two Uruguayan slaughterhouses, Rondatel S.A. and Lirtix S.A., which have daily slaughter capacities of 500 and 80 cattle respectively[25]. - The logistics sector operates over 120,000 square meters of storage and transit warehouses nationwide, with a fleet of over 1,000 vehicles[24]. - The food trade segment generated sales revenue of CNY 407 million, accounting for 44.15% of total revenue, with a net profit contribution of CNY 6.98 million, up 590.26% year-on-year[37]. - The coal business reported a production of 1.46 million tons, a 24.74% increase year-on-year, and sales of 1.45 million tons, a 39.71% increase, resulting in revenue of CNY 319.90 million[38]. - The logistics segment achieved revenue of CNY 149 million, a 29.45% increase, with a net profit of CNY 16.11 million, up 25.15% year-on-year[38]. Investments and Acquisitions - The company recorded non-recurring gains of ¥49,753,936.36 primarily from the sale of equity in Hainan Jiagu[20]. - The company reported a revenue of 113.7 million yuan and a net profit of 2.14 million yuan from its investment in SANLORENZO S.P.A.[28]. - The company has a total coal reserve of 11.65 million tons and a proven geological coal reserve of 26.04 million tons[30]. - The company has a strategic advantage in exporting beef to markets including Russia, China, North America, and Europe due to its location and quality assurance[30]. Financial Management and Risks - The management team is experienced and continuously introduces high-end talent to adapt to market changes effectively[32]. - The company is addressing tight funding conditions by expanding financing channels and disposing of non-core assets[78]. - The company faces operational risks in the coal industry, including safety hazards and regulatory risks, and plans to enhance safety management and compliance with national policies[77]. - The company anticipates potential significant changes in cumulative net profit for the period from January to September 2018, indicating a warning of possible losses[76]. Legal and Compliance Issues - The company is actively managing multiple legal disputes, reflecting its engagement in various operational challenges[92]. - The company is involved in a lawsuit claiming 3,224,973.8 yuan in unpaid debts and 419,246.59 yuan in penalties, with the case still pending[91]. - The company has ongoing litigation regarding a property dispute in the "Impression Sanya" community, with claims amounting to 1,326,700 yuan[92]. - The company has reached a settlement agreement regarding a dispute over coal sales amounting to 30.1668 million yuan[96]. Shareholder Information - The total number of shares remains unchanged at 814,064,000, with changes in restricted and unrestricted shares primarily due to resignations and reductions by executives[136]. - The largest shareholder, Shenzhen Shangheng Guantong Investment Enterprise, held 10.99% of the shares, totaling 89,481,652 shares[141]. - The company reported no changes in its controlling shareholder during the reporting period[144]. - The total number of ordinary shareholders at the end of the reporting period was 93,369[141]. Environmental and Social Responsibility - The company reported a total emission of 19.35 tons of sulfur dioxide, 15.27 tons of nitrogen oxides, and 2.51 tons of particulate matter, all within the regulatory limits[124]. - The company has implemented pollution control facilities, including an electrostatic bag composite dust collector, which is operating normally[126]. - The company has not initiated any precision poverty alleviation work in the reporting period and has no subsequent plans[127].

Financial Performance - The company's operating revenue for 2017 was ¥1,603,168,965.16, an increase of 84.20% compared to ¥870,332,401.75 in 2016[18]. - The net profit attributable to shareholders decreased by 34.88% to ¥21,392,486.12 from ¥32,849,233.44 in the previous year[18]. - The net cash flow from operating activities increased by 57.17% to ¥169,455,600.87 compared to ¥107,817,115.40 in 2016[19]. - The total assets at the end of 2017 were ¥5,179,075,656.13, reflecting a 3.72% increase from ¥4,993,407,626.00 at the end of 2016[19]. - The company reported a basic earnings per share of ¥0.0263, down 34.90% from ¥0.0404 in 2016[19]. - The company reported a significant non-recurring gain of ¥130,898,238.90 in 2017, primarily from asset disposals and government subsidies[25]. - The weighted average return on equity decreased to 0.97% in 2017 from 1.49% in 2016[19]. - The company’s net profit from Rondatel S.A. was 25.96 million yuan, while Lirtix S.A. reported a net loss of 41.70 million yuan, indicating varying performance across its acquisitions[38]. - The company reported a net profit from continuing operations of approximately ¥44.71 million for 2017, compared to ¥44,914.45 in 2016, reflecting a significant change in reporting format[167]. - The company recognized a net profit from discontinued operations of approximately -¥3,791.92 in 2017, down from ¥263,160.24 in 2016[167]. Business Transformation - The company transitioned its main business focus from coal mining to the food industry, completing the acquisition of Uruguayan beef assets in 2017[16]. - The company’s main business scope now includes food industry, coal mining, logistics transportation, and electric vehicle production[16]. - The company has shifted its industry classification from coal mining to a comprehensive category[16]. - The company has shifted its main business focus towards the beef industry, increasing its revenue share from beef products[28]. - The company aims to establish a complete beef supply chain from overseas sourcing to domestic processing, targeting to become a leading player in China's beef food industry[31]. - The company has implemented a traceability system for beef imported from Uruguay, enhancing its competitive edge in the market[35]. - The company has faced challenges in management and operational adjustments during its transition, necessitating timely adaptations to its governance and internal control systems[32]. - The company has shifted its main business focus to the beef food industry, driven by the decline in the motorcycle and coal industries, with acquisitions of 100% stakes in Rondatel S.A. and Lirtix S.A., and a 50% stake in Lorsinal S.A.[31]. Acquisitions and Investments - In 2017, the company acquired 100% equity of two Uruguayan slaughterhouses, ensuring a stable supply of quality beef[30]. - The company completed the acquisition of 100% equity in Lirtix S.A. and Rondatel S.A., and 50% equity in Lorsinal S.A.[48]. - The company plans to continue overseas acquisitions, including 100% equity in Black Bamboo Enterprises S.A. and Chrysan Taw Enterprises S.A.[48]. - The company recovered CNY 914 million through asset disposal to support beef industry development[49]. - The company completed the acquisition of Rondatel Lirtix S.A. for an investment amount of 543,459,820.00 CNY, achieving a 100% ownership stake[100]. - The expected cumulative net profit from the investment in Rondatel Lirtix S.A. is projected to be no less than 2,332.50 million CNY over three years[100]. - The investment in Lorsinal S.A. was completed with an investment amount of 104,547,200.00 CNY, acquiring a 50% stake[101]. Revenue and Market Trends - The beef industry accounted for 39% of the company's total revenue in 2017, with significant growth in meat imports and sales[51]. - The company achieved a total revenue of CNY 28,554.77 million from beef imports, with domestic meat sales reaching CNY 34,565.75 million, a 787.64% increase year-on-year[57]. - The beef consumption in China has been increasing, with domestic production rising from 6.62 million tons in 2012 to 7.26 million tons in 2017, while imports surged from 100,000 tons in 2012 to 820,000 tons in 2016, reflecting a strong demand-supply gap[33]. - The logistics industry in China saw a total social logistics volume of 252.8 trillion yuan in 2017, growing by 6.7% year-on-year, indicating a stable development trend[33]. - The company plans to enhance its beef industry through mergers and acquisitions, focusing on high-quality beef assets and expanding sales channels, including new retail partnerships[136]. Challenges and Operational Adjustments - The company has faced challenges with rising beef procurement prices leading to operational losses in newly acquired plants[58]. - The company is focusing on cost control and efficiency improvements across all operations to enhance overall profitability[60]. - The company has adjusted its operational strategies due to tighter bank financing policies affecting import trade volumes[179]. - The company emphasizes the importance of safety management in coal operations to mitigate operational risks[140]. Dividend Policy and Shareholder Relations - The company will not distribute profits for the 2017 fiscal year due to its ongoing transformation and significant funding needs for business expansion[145]. - The company reported a net profit of CNY 17,651,571.28 for the year 2017, with a total distributable profit of CNY 739,337,648.53 after statutory surplus reserve allocation[152]. - No cash dividends were distributed for the year 2017, with the company opting to retain profits for future business expansion[150]. - The company has a clear cash dividend policy that complies with its articles of association and shareholder resolutions[146]. - The decision to withhold dividends in 2017 was influenced by the company's ongoing industrial transformation and the significant funding needs for its food industry expansion[150]. - The company plans to distribute cash dividends of no less than 15% of the distributable profits achieved in the last three years, with a total cash distribution not less than 30% of the average distributable profits over the last three years[162]. Compliance and Governance - The company guarantees that the content of the report is true, accurate, and complete, with no false records or significant omissions[159]. - The company has committed to ensuring that all related party transactions are conducted at fair market prices and in compliance with relevant laws and regulations[157]. - The company has promised to ensure that the funds used for transactions will be sourced from its own capital, ensuring no leveraged financing or third-party arrangements[158]. - The company has undertaken to strictly follow the decision-making procedures for related party transactions to protect the interests of the company and its shareholders[157]. - The company has maintained a good credit standing over the past three years, with no significant civil lawsuits or administrative penalties related to the securities market[161].

Financial Performance - The company reported a total revenue of 814,064,000 RMB for the year 2017, with no cash dividends distributed to shareholders [6]. - The company's operating revenue for 2017 was ¥1,603,168,965.16, representing an increase of 84.20% compared to ¥870,332,401.75 in 2016 [18]. - The net profit attributable to shareholders decreased by 34.88% to ¥21,392,486.12 from ¥32,849,233.44 in the previous year [18]. - The net cash flow from operating activities increased by 57.17% to ¥169,455,600.87 compared to ¥107,817,115.40 in 2016 [19]. - The basic and diluted earnings per share fell by 34.90% to ¥0.0263 from ¥0.0404 in 2016 [19]. - Total assets at the end of 2017 were ¥5,179,075,656.13, a 3.72% increase from ¥4,993,407,626.00 in 2016 [19]. - The company reported non-operating income of ¥130,898,238.90 in 2017, significantly up from ¥37,223,958.29 in 2016 [25]. - The company's weighted average return on equity decreased to 0.97% from 1.49% in 2016 [19]. - The company’s net assets attributable to shareholders decreased by 0.89% to ¥2,181,610,892.57 at the end of 2017 [19]. - The company reported a net profit attributable to the parent company of 21.39 million yuan, a decrease of 34.88% year-on-year, primarily due to reduced investment income from joint ventures [86]. Business Strategy and Focus - The company has shifted its main business focus from coal mining to the food industry, following the acquisition of Uruguayan beef assets in 2017 [16]. - The company completed the divestiture of its motorcycle assets in 2017, marking a significant strategic shift in its business operations [16]. - The company’s main business segments now include food industry, coal mining, logistics, and electric vehicle production [16]. - The company has shifted its main business focus towards the beef industry, increasing its revenue share from beef products [28]. - The company aims to build a complete supply chain from beef sourcing to processing and distribution, targeting a nationwide market coverage [31]. - The company aims to become a leading beef supply chain service provider by enhancing traceability and collaborating with new retail channels [132]. - The company is focusing on the beef industry through mergers and acquisitions to enhance its market position and operational strength [135]. Acquisitions and Investments - In 2017, the company acquired 100% equity of Uruguayan slaughterhouses Rondatel S.A. and Lirtix S.A., enhancing its supply of quality beef [30]. - The company completed acquisitions of 100% stakes in Rondatel S.A. and Lirtix S.A., and a 50% stake in Lorsinal S.A., increasing its beef food industry share [31]. - The company plans to continue overseas acquisitions, including the 100% equity acquisition of Black Bamboo Enterprises S.A. and Chrysan Taw Enterprises S.A. [48]. - The company completed the acquisition of 100% equity in Lirtix S.A. and Rondatel S.A. for a total transaction price of $82.3 million [186]. - The expected cumulative net profit from the acquisition of Rondatel Lirtix S.A. is not less than $2,332.50 million over three years [98]. Market Trends and Industry Insights - The logistics industry in China saw a total social logistics volume of 252.8 trillion yuan in 2017, growing by 6.7% year-on-year, indicating a positive trend for logistics demand [33]. - China's beef consumption has been rising, with domestic production increasing from 6.62 million tons in 2012 to 7.26 million tons in 2017, while imports surged from 100,000 tons in 2012 to 820,000 tons in 2016, reflecting a significant supply gap [33]. - The coal industry saw a production of 344.546 million tons in 2017, with a year-on-year growth of 3.2%, although there remains downward pressure on coal prices due to overcapacity [33]. - The beef consumption market in China has significant growth potential, with current per capita consumption at 5 kg, which could double to 10 kg to match the global average [126]. - China's beef imports have surged from 100,000 tons in 2012 to 820,000 tons in 2016, reflecting a more than 800% increase [127]. Operational Challenges - The company has faced challenges in management and operational adjustments during its transition, necessitating timely updates to its governance and internal control systems [32]. - The company faced challenges with rising beef procurement prices leading to operational losses in newly acquired facilities [58]. - The company is focusing on cost control and efficiency improvements across all operations to enhance overall profitability [60]. Financial Management and Governance - The company’s financial report received an unqualified audit opinion from Lixin Certified Public Accountants [6]. - The company has maintained a consistent dividend policy, adhering to regulations and ensuring transparency in decision-making processes [144]. - The company’s cash dividend policy has been compliant with the requirements set forth by regulatory authorities [144]. - The company has committed to minimizing and regulating related party transactions to protect the interests of the listed company and its shareholders [155]. - The company has guaranteed that the information provided in the report is true, accurate, and complete, and it will bear legal responsibility for any misleading statements or omissions [157]. Future Outlook - The company aims to slaughter 70,000 heads of cattle at its Uruguay facility in 2018, with domestic import revenue targeted at no less than $95 million and domestic trade revenue at no less than 1.5 billion RMB [133]. - The coal production target is set at 3.05 million tons, representing a year-on-year increase of 6.58%, while coal sales are projected to reach 2.93 million tons, up 6.29% year-on-year [133]. - The company plans to enhance its logistics capabilities through multi-modal transport projects and the implementation of an online tracking system [134]. - The company plans to expand production capacity at the Shengli coal mine from 1.2 million tons to 1.5 million tons, pending government approval [60].

Financial Performance - The company's operating revenue for Q1 2018 was ¥419,193,402.16, representing a 225.50% increase compared to ¥128,786,135.11 in the same period last year[8] - The net profit attributable to shareholders decreased by 17.01% to ¥18,237,847.85 from ¥21,977,265.16 year-on-year[8] - The net profit attributable to shareholders after deducting non-recurring gains and losses improved by 71.53%, reaching -¥16,680,748.72 compared to -¥58,589,908.99 in the previous year[8] - The basic earnings per share for the reporting period was ¥0.0224, down 17.04% from ¥0.0270 in the previous year[8] - The weighted average return on equity was 0.83%, a decrease of 0.16% from 0.99% in the same period last year[8] - Operating profit for Q1 2018 was RMB 33.45 million, reflecting a growth of 95.14% from RMB 17.14 million in the same period last year[17] - Net profit attributable to shareholders decreased by 17.01% to RMB 18.24 million, primarily due to a reduction in equity transfer gains compared to the previous year[17] Cash Flow and Assets - The net cash flow from operating activities was ¥8,523,847.59, down 91.29% from ¥97,889,394.82 in the same period last year[8] - Cash flow from operating activities decreased by 91.29% to RMB 8.52 million compared to RMB 97.89 million in Q1 2017[21] - The net cash flow from investment activities saw a decline of 107.75%, resulting in a net outflow of RMB 27.28 million[21] - The company's cash and cash equivalents decreased by 34.25% to RMB 376.13 million, primarily due to increased prepayments and loan repayments[23] - Total assets at the end of the reporting period were ¥5,135,227,135.70, a decrease of 0.85% from ¥5,179,075,656.13 at the end of the previous year[8] - The net assets attributable to shareholders increased by 1.55% to ¥2,215,411,284.06 from ¥2,181,610,892.57 at the end of the previous year[8] Revenue and Sales - The coal production of Wujia Group reached 645,100 tons in Q1 2018, a year-on-year increase of 59.41%, with sales increasing by 97.2% to 565,500 tons[17] - New Dazhou Logistics reported a revenue of RMB 71.65 million in Q1 2018, up 28.61% year-on-year, with a net profit of RMB 7.70 million, an increase of 18.46%[18] - The beef food industry generated sales revenue of RMB 190 million, accounting for 45% of total revenue, but reported a net loss of RMB 6.58 million due to seasonal maintenance and exchange rate losses[18] - The company's operating revenue for Q1 2018 reached RMB 419.19 million, a significant increase of 225.5% compared to RMB 128.79 million in Q1 2017[16] - Operating costs rose to CNY 314.17 million, reflecting a 148.32% increase year-on-year due to higher sales volumes in the food and coal sectors[25] - Tax and additional charges increased by 181.11% to CNY 19.39 million, driven by the growth in sales revenue[25] Investments and Strategic Initiatives - The company reported non-recurring gains of ¥34,918,596.57, primarily from the disposal of non-current assets[9] - Investment income decreased by 57.64% to CNY 43.94 million, primarily due to reduced gains from the transfer of Honda equity[25] - The company is progressing with the acquisition of beef processing assets in Argentina, indicating ongoing market expansion efforts[26] - A traceability system for Uruguayan beef exports to China was established, enhancing product quality assurance[27] - The company received government subsidy funds, which may positively impact future financial performance[28] - The company is engaged in financing leasing business with Hebei Financial Leasing Co., indicating strategic financial maneuvers[28] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 82,441[12] - The company reported a net profit attributable to minority shareholders of CNY 1.84 million, a significant increase of 106.36% year-on-year[25] Commitments and Guarantees - No significant changes in the company's commitments or violations of external guarantees were reported during the period[29]

新大洲控股股份有限公司 2017 年第三季度报告正文 证券代码：000571 证券简称：新大洲Ａ 公告编号：定 2017-04 新大洲控股股份有限公司 2017 年第三季度报告正文 1 新大洲控股股份有限公司 2017 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。 公司负责人王磊、主管会计工作负责人杜树良及会计机构负责人(会计主管 人员)陈天宇声明：保证季度报告中财务报表的真实、准确、完整。 2 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） | 4,995,978,760.97 | 4,993,407,626.00 | | 0.05% | | 归属于上市公司股东的净资产（元） | 2,234,912,349.76 | 2,201, ...

Financial Performance - The company's operating revenue for the reporting period was ¥463,192,998.77, representing a 20.91% increase compared to ¥383,085,913.79 in the same period last year[17]. - The net profit attributable to shareholders was ¥48,453,241.50, up 32.83% from ¥36,476,602.18 year-on-year[17]. - The net cash flow from operating activities increased by 126.12%, reaching ¥187,987,363.87 compared to ¥83,137,272.73 in the previous year[17]. - Basic earnings per share rose to ¥0.0595, a 32.81% increase from ¥0.0448 in the same period last year[17]. - The company reported a significant non-recurring gain of ¥129,447,040.86 from the disposal of non-current assets, primarily from equity transfers of subsidiaries[21]. - The company achieved a revenue of CNY 463.19 million in the first half of 2017, representing a year-on-year growth of 20.91%[36]. - The net profit attributable to the parent company was CNY 48.45 million, an increase of 32.83% compared to the previous year[36]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion CNY for the first half of 2017, representing a year-over-year growth of 20%[81]. Asset Management - Total assets at the end of the reporting period were ¥4,813,078,692.58, a decrease of 3.61% from ¥4,993,407,626.00 at the end of the previous year[17]. - The net assets attributable to shareholders increased by 0.70%, totaling ¥2,216,650,719.24 compared to ¥2,201,246,752.98 at the end of the previous year[17]. - Cash and cash equivalents increased to ¥599.41 million, representing 12.45% of total assets, up from 10.57% in the previous year, a 1.88% increase[48]. - Accounts receivable decreased to ¥205.03 million, accounting for 4.26% of total assets, down from 4.34%, a 0.08% decrease[48]. - Inventory decreased to ¥141.67 million, representing 2.94% of total assets, down from 3.32%, a 0.38% decrease[48]. - Long-term equity investments decreased significantly to ¥602.64 million, now 12.52% of total assets, down from 26.96%, a 14.44% decrease due to the transfer of shares in New Dazhou Honda[48]. - Fixed assets increased to ¥1.53 billion, accounting for 31.75% of total assets, up from 12.13%, a 19.62% increase due to the transfer of construction projects to fixed assets[48]. Operational Highlights - The coal production for the first half of 2017 was 1.1726 million tons, a growth of 15.08% year-on-year, while coal sales reached 1.0347 million tons, up 17.84%[37]. - The logistics segment reported a revenue of CNY 115.24 million, an increase of 8.67% year-on-year, with a net profit of CNY 12.87 million, up 30.81%[37]. - The company’s remaining exploitable coal reserves were 16.8576 million tons, with proven geological coal reserves of 153.78488 million tons[30]. - The company’s logistics operations cover 3,600 cities across various levels in China, with nearly 100 owned vehicles and nearly 1,000 long-term partnered vehicles[30]. - The company has divested from the motorcycle industry, focusing on coal, logistics, and beef food sectors as its main revenue sources[25]. Investment and Financing - Investment income surged by 260.74% to 133.62 million yuan, mainly from equity transfer gains related to New Dazhou Honda and Haikou Jiayue[42]. - Cash flow from investment activities increased significantly by 1,898.47% to 391.01 million yuan, attributed to equity transfer payments received[41]. - The company reported a net increase in cash and cash equivalents of 68.61 million yuan, a 341.17% improvement year-on-year[41]. - The company has committed to a dividend policy, ensuring that at least 15% of distributable profits will be allocated to dividends annually[82]. Risk Management - The company faces various risks as outlined in the report, with corresponding measures to mitigate these risks[5]. - The company is facing operational risks due to safety hazards in the coal industry, which it aims to mitigate by enhancing safety management systems and training[70]. - Future outlook includes a focus on national policy changes affecting the coal industry, with an emphasis on improving competitiveness in response to regulatory adjustments[70]. Legal and Compliance - The company is involved in a significant lawsuit with a claimed amount of 70,213.9 thousand yuan, which has not formed an expected liability[87]. - Another lawsuit involves a claim of 1,129 thousand yuan for compensation due to work-related injuries, which has been dismissed in the first instance[88]. - The company has no reported penalties or rectification situations during the reporting period[92]. - The company and its major shareholder have no outstanding court judgments or significant debts that are overdue[93]. Corporate Governance - The company has pledged to avoid any substantial competition with its existing main business in China and abroad[79]. - The company is focused on maintaining transparency and timely disclosure of related party transactions[79]. - The company has committed to strict adherence to the remuneration system linked to performance measures[80]. - The company appointed He Ni as the Executive Vice President on January 18, 2017, following the resignation of Hou Yanhong[138]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 78,562[130]. - The largest shareholder, Shenzhen Shanghenguan Investment Enterprise, held 89,481,652 shares, representing 10.99% of total shares[130]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[132]. - The company did not issue any preferred shares during the reporting period[135].